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California Resources Corp（CRC）与利氏兄弟拍卖行（RBA）财务数据对比。点击上方公司名可切换其他公司
利氏兄弟拍卖行的季度营收约是California Resources Corp的1.8倍（$1.2B vs $679.0M），利氏兄弟拍卖行净利率更高（9.1% vs 1.8%，领先7.3%），利氏兄弟拍卖行同比增速更快（5.4% vs -17.8%），利氏兄弟拍卖行自由现金流更多（$186.5M vs $115.0M），过去两年California Resources Corp的营收复合增速更高（25.8% vs 6.3%）
加州资源集团是一家美国能源企业，主要在加州开展油气勘探业务。公司注册地为特拉华州，总部位于加州长滩，所持有的加州矿产地块面积是该州私有主体中的最高水平。
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
CRC vs RBA — 直观对比
营收规模更大
RBA
是对方的1.8倍
$679.0M
营收增速更快
RBA
高出23.2%
-17.8%
净利率更高
RBA
高出7.3%
1.8%
自由现金流更多
RBA
多$71.5M
$115.0M
两年增速更快
CRC
近两年复合增速
6.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $679.0M | $1.2B |
| 净利润 | $12.0M | $109.7M |
| 毛利率 | — | — |
| 营业利润率 | 6.9% | 14.7% |
| 净利率 | 1.8% | 9.1% |
| 营收同比 | -17.8% | 5.4% |
| 净利润同比 | -63.6% | -7.4% |
| 每股收益（稀释后） | $0.21 | $0.53 |
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CRCRBA
| Q4 25 | $679.0M | $1.2B | ||
| Q3 25 | $715.0M | $1.1B | ||
| Q2 25 | $702.0M | $1.2B | ||
| Q1 25 | $814.0M | $1.1B | ||
| Q4 24 | $826.0M | $1.1B | ||
| Q3 24 | $870.0M | $981.8M | ||
| Q2 24 | $412.0M | $1.1B | ||
| Q1 24 | $429.0M | $1.1B |
净利润CRCRBA
| Q4 25 | $12.0M | $109.7M | ||
| Q3 25 | $64.0M | $95.5M | ||
| Q2 25 | $172.0M | $109.8M | ||
| Q1 25 | $115.0M | $113.4M | ||
| Q4 24 | $33.0M | $118.5M | ||
| Q3 24 | $345.0M | $76.1M | ||
| Q2 24 | $8.0M | $111.1M | ||
| Q1 24 | $-10.0M | $107.4M |
营业利润率CRCRBA
| Q4 25 | 6.9% | 14.7% | ||
| Q3 25 | 13.7% | 14.5% | ||
| Q2 25 | 38.0% | 15.9% | ||
| Q1 25 | 22.9% | 17.1% | ||
| Q4 24 | 8.2% | 18.1% | ||
| Q3 24 | 59.5% | 15.6% | ||
| Q2 24 | 9.2% | 18.4% | ||
| Q1 24 | -0.9% | 18.7% |
净利率CRCRBA
| Q4 25 | 1.8% | 9.1% | ||
| Q3 25 | 9.0% | 8.7% | ||
| Q2 25 | 24.5% | 9.3% | ||
| Q1 25 | 14.1% | 10.2% | ||
| Q4 24 | 4.0% | 10.4% | ||
| Q3 24 | 39.7% | 7.8% | ||
| Q2 24 | 1.9% | 10.1% | ||
| Q1 24 | -2.3% | 10.1% |
每股收益（稀释后）CRCRBA
| Q4 25 | $0.21 | $0.53 | ||
| Q3 25 | $0.76 | $0.43 | ||
| Q2 25 | $1.92 | $0.53 | ||
| Q1 25 | $1.26 | $0.55 | ||
| Q4 24 | $0.87 | $0.58 | ||
| Q3 24 | $3.78 | $0.36 | ||
| Q2 24 | $0.11 | $0.54 | ||
| Q1 24 | $-0.14 | $0.53 |
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 | $132.0M | $531.5M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $3.7B | $5.6B |
| 总资产 | $7.4B | $12.1B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资CRCRBA
| Q4 25 | $132.0M | $531.5M | ||
| Q3 25 | $196.0M | $674.7M | ||
| Q2 25 | $72.0M | $710.2M | ||
| Q1 25 | $214.0M | $578.1M | ||
| Q4 24 | $372.0M | $533.9M | ||
| Q3 24 | $241.0M | $650.7M | ||
| Q2 24 | $1.0B | $599.5M | ||
| Q1 24 | $403.0M | $462.8M |
总债务CRCRBA
| Q4 25 | — | $2.3B | ||
| Q3 25 | $1.0B | $2.6B | ||
| Q2 25 | $1.0B | $2.6B | ||
| Q1 25 | $1.0B | $2.6B | ||
| Q4 24 | $1.1B | $2.6B | ||
| Q3 24 | $1.1B | $2.7B | ||
| Q2 24 | $1.2B | $2.8B | ||
| Q1 24 | $541.0M | $2.9B |
股东权益CRCRBA
| Q4 25 | $3.7B | $5.6B | ||
| Q3 25 | $3.4B | $5.5B | ||
| Q2 25 | $3.4B | $5.5B | ||
| Q1 25 | $3.5B | $5.3B | ||
| Q4 24 | $3.5B | $5.2B | ||
| Q3 24 | $3.5B | $5.2B | ||
| Q2 24 | $2.1B | $5.2B | ||
| Q1 24 | $2.1B | $5.1B |
总资产CRCRBA
| Q4 25 | $7.4B | $12.1B | ||
| Q3 25 | $6.8B | $12.2B | ||
| Q2 25 | $6.7B | $12.2B | ||
| Q1 25 | $6.8B | $11.9B | ||
| Q4 24 | $7.1B | $11.8B | ||
| Q3 24 | $7.1B | $11.9B | ||
| Q2 24 | $4.5B | $12.1B | ||
| Q1 24 | $3.9B | $12.0B |
负债/权益比CRCRBA
| Q4 25 | — | 0.42× | ||
| Q3 25 | 0.29× | 0.47× | ||
| Q2 25 | 0.30× | 0.47× | ||
| Q1 25 | 0.29× | 0.50× | ||
| Q4 24 | 0.32× | 0.50× | ||
| Q3 24 | 0.32× | 0.52× | ||
| Q2 24 | 0.57× | 0.55× | ||
| Q1 24 | 0.26× | 0.58× |
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 | $235.0M | $255.2M |
| 自由现金流经营现金流 - 资本支出 | $115.0M | $186.5M |
| 自由现金流率自由现金流/营收 | 16.9% | 15.5% |
| 资本支出强度资本支出/营收 | 17.7% | 5.7% |
| 现金转化率经营现金流/净利润 | 19.58× | 2.33× |
| 过去12个月自由现金流最近4个季度 | $543.0M | $719.2M |
8季度趋势，按日历期对齐
经营现金流CRCRBA
| Q4 25 | $235.0M | $255.2M | ||
| Q3 25 | $279.0M | $239.7M | ||
| Q2 25 | $165.0M | $326.5M | ||
| Q1 25 | $186.0M | $156.8M | ||
| Q4 24 | $206.0M | $184.5M | ||
| Q3 24 | $220.0M | $285.4M | ||
| Q2 24 | $97.0M | $337.3M | ||
| Q1 24 | $87.0M | $124.8M |
自由现金流CRCRBA
| Q4 25 | $115.0M | $186.5M | ||
| Q3 25 | $188.0M | $188.5M | ||
| Q2 25 | $109.0M | $241.7M | ||
| Q1 25 | $131.0M | $102.5M | ||
| Q4 24 | $118.0M | $127.9M | ||
| Q3 24 | $141.0M | $248.5M | ||
| Q2 24 | $63.0M | $308.6M | ||
| Q1 24 | $33.0M | $79.6M |
自由现金流率CRCRBA
| Q4 25 | 16.9% | 15.5% | ||
| Q3 25 | 26.3% | 17.3% | ||
| Q2 25 | 15.5% | 20.4% | ||
| Q1 25 | 16.1% | 9.2% | ||
| Q4 24 | 14.3% | 11.2% | ||
| Q3 24 | 16.2% | 25.3% | ||
| Q2 24 | 15.3% | 28.2% | ||
| Q1 24 | 7.7% | 7.5% |
资本支出强度CRCRBA
| Q4 25 | 17.7% | 5.7% | ||
| Q3 25 | 12.7% | 4.7% | ||
| Q2 25 | 8.0% | 7.2% | ||
| Q1 25 | 6.8% | 4.9% | ||
| Q4 24 | 10.7% | 5.0% | ||
| Q3 24 | 9.1% | 3.8% | ||
| Q2 24 | 8.3% | 2.6% | ||
| Q1 24 | 12.6% | 4.2% |
现金转化率CRCRBA
| Q4 25 | 19.58× | 2.33× | ||
| Q3 25 | 4.36× | 2.51× | ||
| Q2 25 | 0.96× | 2.97× | ||
| Q1 25 | 1.62× | 1.38× | ||
| Q4 24 | 6.24× | 1.56× | ||
| Q3 24 | 0.64× | 3.75× | ||
| Q2 24 | 12.13× | 3.04× | ||
| Q1 24 | — | 1.16× |
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
CRC
| Oil And Natural Gas Segment | $645.0M | 95% |
| Natural Gas Production | $26.0M | 4% |
| Other | $7.0M | 1% |
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |
