vs
Corpay（CPAY）与越洋钻探（RIG）财务数据对比。点击上方公司名可切换其他公司
Corpay的季度营收约是越洋钻探的1.2倍（$1.2B vs $1.0B），Corpay净利率更高（21.2% vs 2.4%，领先18.8%），Corpay同比增速更快（20.7% vs 9.6%），Corpay自由现金流更多（$760.3M vs $321.0M），过去两年越洋钻探的营收复合增速更高（16.9% vs 15.5%）
Corpay总部位于美国佐治亚州亚特兰大，是专业的支付与支出管理服务提供商，旗下系统及服务可帮助客户高效管控采购、支付全流程的相关费用，核心业务覆盖车辆相关支出、住宿支出及企业支付三大领域。
越洋钻探（Transocean Ltd.）是按营收计全球规模最大的海上钻探承包商，总部位于瑞士施泰因豪森，起源于美国，目前在加拿大、美国、挪威、英国、印度、巴西、新加坡等20个国家设有办事机构，业务覆盖全球主要海上油气开采区域。
CPAY vs RIG — 直观对比
营收规模更大
CPAY
是对方的1.2倍
$1.0B
营收增速更快
CPAY
高出11.1%
9.6%
净利率更高
CPAY
高出18.8%
2.4%
自由现金流更多
CPAY
多$439.3M
$321.0M
两年增速更快
RIG
近两年复合增速
15.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.0B |
| 净利润 | $264.5M | $25.0M |
| 毛利率 | — | 42.0% |
| 营业利润率 | 45.2% | 23.0% |
| 净利率 | 21.2% | 2.4% |
| 营收同比 | 20.7% | 9.6% |
| 净利润同比 | 7.5% | 257.1% |
| 每股收益（稀释后） | $3.74 | $0.13 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CPAYRIG
| Q4 25 | $1.2B | $1.0B | ||
| Q3 25 | $1.2B | $1.0B | ||
| Q2 25 | $1.1B | $988.0M | ||
| Q1 25 | $1.0B | $906.0M | ||
| Q4 24 | $1.0B | $952.0M | ||
| Q3 24 | $1.0B | $948.0M | ||
| Q2 24 | $975.7M | $861.0M | ||
| Q1 24 | $935.3M | $763.0M |
净利润CPAYRIG
| Q4 25 | $264.5M | $25.0M | ||
| Q3 25 | $277.9M | $-1.9B | ||
| Q2 25 | $284.2M | $-938.0M | ||
| Q1 25 | $243.2M | $-79.0M | ||
| Q4 24 | $246.0M | $7.0M | ||
| Q3 24 | $276.4M | $-494.0M | ||
| Q2 24 | $251.6M | $-123.0M | ||
| Q1 24 | $229.8M | $98.0M |
毛利率CPAYRIG
| Q4 25 | — | 42.0% | ||
| Q3 25 | — | 43.2% | ||
| Q2 25 | — | 39.4% | ||
| Q1 25 | — | 31.8% | ||
| Q4 24 | — | 39.2% | ||
| Q3 24 | — | 40.6% | ||
| Q2 24 | — | 38.0% | ||
| Q1 24 | — | 31.5% |
营业利润率CPAYRIG
| Q4 25 | 45.2% | 23.0% | ||
| Q3 25 | 44.6% | -163.1% | ||
| Q2 25 | 43.5% | -97.6% | ||
| Q1 25 | 42.5% | 7.1% | ||
| Q4 24 | 47.2% | 13.7% | ||
| Q3 24 | 45.5% | -51.2% | ||
| Q2 24 | 44.4% | -6.9% | ||
| Q1 24 | 42.5% | -0.4% |
净利率CPAYRIG
| Q4 25 | 21.2% | 2.4% | ||
| Q3 25 | 23.7% | -187.1% | ||
| Q2 25 | 25.8% | -94.9% | ||
| Q1 25 | 24.2% | -8.7% | ||
| Q4 24 | 23.8% | 0.7% | ||
| Q3 24 | 26.9% | -52.1% | ||
| Q2 24 | 25.8% | -14.3% | ||
| Q1 24 | 24.6% | 12.8% |
每股收益（稀释后）CPAYRIG
| Q4 25 | $3.74 | $0.13 | ||
| Q3 25 | $3.91 | $-2.00 | ||
| Q2 25 | $3.98 | $-1.06 | ||
| Q1 25 | $3.40 | $-0.11 | ||
| Q4 24 | $3.43 | $-0.14 | ||
| Q3 24 | $3.90 | $-0.58 | ||
| Q2 24 | $3.52 | $-0.15 | ||
| Q1 24 | $3.12 | $0.11 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $2.4B | $620.0M |
| 总债务越低越好 | $10.0B | $5.2B |
| 股东权益账面价值 | $3.9B | $8.1B |
| 总资产 | $26.4B | $15.6B |
| 负债/权益比越低杠杆越低 | 2.58× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资CPAYRIG
| Q4 25 | $2.4B | $620.0M | ||
| Q3 25 | $2.0B | $833.0M | ||
| Q2 25 | $2.2B | $377.0M | ||
| Q1 25 | $1.6B | $263.0M | ||
| Q4 24 | $1.6B | $560.0M | ||
| Q3 24 | $1.3B | $435.0M | ||
| Q2 24 | $1.4B | $475.0M | ||
| Q1 24 | $1.3B | $446.0M |
总债务CPAYRIG
| Q4 25 | $10.0B | $5.2B | ||
| Q3 25 | $8.1B | $4.8B | ||
| Q2 25 | $8.1B | $5.9B | ||
| Q1 25 | $8.2B | $5.9B | ||
| Q4 24 | $8.0B | $6.2B | ||
| Q3 24 | — | $6.5B | ||
| Q2 24 | — | $6.8B | ||
| Q1 24 | — | $6.8B |
股东权益CPAYRIG
| Q4 25 | $3.9B | $8.1B | ||
| Q3 25 | $4.1B | $8.1B | ||
| Q2 25 | $3.9B | $9.4B | ||
| Q1 25 | $3.5B | $10.2B | ||
| Q4 24 | $3.1B | $10.3B | ||
| Q3 24 | $3.1B | $10.2B | ||
| Q2 24 | $2.8B | $10.7B | ||
| Q1 24 | $3.3B | $10.5B |
总资产CPAYRIG
| Q4 25 | $26.4B | $15.6B | ||
| Q3 25 | $19.7B | $16.2B | ||
| Q2 25 | $20.4B | $17.8B | ||
| Q1 25 | $18.5B | $19.0B | ||
| Q4 24 | $18.0B | $19.4B | ||
| Q3 24 | $17.6B | $19.5B | ||
| Q2 24 | $16.2B | $20.3B | ||
| Q1 24 | $15.8B | $19.9B |
负债/权益比CPAYRIG
| Q4 25 | 2.58× | 0.64× | ||
| Q3 25 | 1.99× | 0.60× | ||
| Q2 25 | 2.07× | 0.63× | ||
| Q1 25 | 2.37× | 0.58× | ||
| Q4 24 | 2.56× | 0.60× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.63× | ||
| Q1 24 | — | 0.65× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $812.7M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $760.3M | $321.0M |
| 自由现金流率自由现金流/营收 | 60.9% | 30.8% |
| 资本支出强度资本支出/营收 | 4.2% | 2.7% |
| 现金转化率经营现金流/净利润 | 3.07× | 13.96× |
| 过去12个月自由现金流最近4个季度 | $1.3B | $626.0M |
8季度趋势，按日历期对齐
经营现金流CPAYRIG
| Q4 25 | $812.7M | $349.0M | ||
| Q3 25 | $-378.9M | $246.0M | ||
| Q2 25 | $1.1B | $128.0M | ||
| Q1 25 | $-74.2M | $26.0M | ||
| Q4 24 | $648.7M | $206.0M | ||
| Q3 24 | $400.8M | $194.0M | ||
| Q2 24 | $540.9M | $133.0M | ||
| Q1 24 | $350.2M | $-86.0M |
自由现金流CPAYRIG
| Q4 25 | $760.3M | $321.0M | ||
| Q3 25 | $-429.8M | $235.0M | ||
| Q2 25 | $1.1B | $104.0M | ||
| Q1 25 | $-118.9M | $-34.0M | ||
| Q4 24 | $604.6M | $177.0M | ||
| Q3 24 | $355.0M | $136.0M | ||
| Q2 24 | $496.8M | $49.0M | ||
| Q1 24 | $309.0M | $-169.0M |
自由现金流率CPAYRIG
| Q4 25 | 60.9% | 30.8% | ||
| Q3 25 | -36.7% | 22.9% | ||
| Q2 25 | 98.7% | 10.5% | ||
| Q1 25 | -11.8% | -3.8% | ||
| Q4 24 | 58.4% | 18.6% | ||
| Q3 24 | 34.5% | 14.3% | ||
| Q2 24 | 50.9% | 5.7% | ||
| Q1 24 | 33.0% | -22.1% |
资本支出强度CPAYRIG
| Q4 25 | 4.2% | 2.7% | ||
| Q3 25 | 4.3% | 1.1% | ||
| Q2 25 | 4.8% | 2.4% | ||
| Q1 25 | 4.5% | 6.6% | ||
| Q4 24 | 4.3% | 3.0% | ||
| Q3 24 | 4.4% | 6.1% | ||
| Q2 24 | 4.5% | 9.8% | ||
| Q1 24 | 4.4% | 10.9% |
现金转化率CPAYRIG
| Q4 25 | 3.07× | 13.96× | ||
| Q3 25 | -1.36× | — | ||
| Q2 25 | 4.01× | — | ||
| Q1 25 | -0.30× | — | ||
| Q4 24 | 2.64× | 29.43× | ||
| Q3 24 | 1.45× | — | ||
| Q2 24 | 2.15× | — | ||
| Q1 24 | 1.52× | -0.88× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CPAY
| Vehicle Payments | $572.9M | 46% |
| Corporate Payments | $480.8M | 39% |
| Lodging Payments | $112.5M | 9% |
| Other Operating Segments | $82.1M | 7% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
