vs
Crescent Energy Co（CRGY）与是德科技（KEYS）财务数据对比。点击上方公司名可切换其他公司
是德科技的季度营收约是Crescent Energy Co的1.6倍（$1.4B vs $865.0M），是德科技净利率更高（16.4% vs -1.0%，领先17.4%），是德科技同比增速更快（10.3% vs -1.2%），过去两年Crescent Energy Co的营收复合增速更高（14.7% vs 6.2%）
新月石油是中东地区成立最早、规模最大的私营上游油气企业，1971年成立，总部位于阿联酋沙迦酋长国，目前在阿联酋和伊拉克库尔德斯坦地区均有业务布局。截至2023年，公司已与伊拉克石油部签署三份为期20年的合同，助力伊拉克油气产业重建。
是德科技是一家美国企业，主营电子测试测量设备与软件的研发、生产业务。公司由安捷伦科技拆分而来，核心产品线继承自惠普测试测量部门上世纪60年代末至千禧年间开发的相关产品，后独立为现有品牌。
CRGY vs KEYS — 直观对比
营收规模更大
KEYS
是对方的1.6倍
$865.0M
营收增速更快
KEYS
高出11.4%
-1.2%
净利率更高
KEYS
高出17.4%
-1.0%
两年增速更快
CRGY
近两年复合增速
6.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $865.0M | $1.4B |
| 净利润 | $-8.7M | $233.0M |
| 毛利率 | — | 61.2% |
| 营业利润率 | -6.2% | 15.3% |
| 净利率 | -1.0% | 16.4% |
| 营收同比 | -1.2% | 10.3% |
| 净利润同比 | 92.7% | 419.2% |
| 每股收益（稀释后） | — | $1.35 |
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CRGYKEYS
| Q4 25 | $865.0M | $1.4B | ||
| Q3 25 | $866.6M | $1.4B | ||
| Q2 25 | $898.0M | $1.3B | ||
| Q1 25 | $950.2M | $1.3B | ||
| Q4 24 | $875.3M | $1.3B | ||
| Q3 24 | $744.9M | $1.2B | ||
| Q2 24 | $653.3M | $1.2B | ||
| Q1 24 | $657.5M | $1.3B |
净利润CRGYKEYS
| Q4 25 | $-8.7M | $233.0M | ||
| Q3 25 | $-9.5M | $191.0M | ||
| Q2 25 | $153.2M | $257.0M | ||
| Q1 25 | $-2.1M | $169.0M | ||
| Q4 24 | $-118.0M | $-73.0M | ||
| Q3 24 | $-9.9M | $389.0M | ||
| Q2 24 | $37.5M | $126.0M | ||
| Q1 24 | $-24.2M | $172.0M |
毛利率CRGYKEYS
| Q4 25 | — | 61.2% | ||
| Q3 25 | — | 61.7% | ||
| Q2 25 | — | 62.3% | ||
| Q1 25 | — | 63.2% | ||
| Q4 24 | — | 62.3% | ||
| Q3 24 | — | 62.0% | ||
| Q2 24 | — | 62.7% | ||
| Q1 24 | — | 64.6% |
营业利润率CRGYKEYS
| Q4 25 | -6.2% | 15.3% | ||
| Q3 25 | 3.6% | 17.3% | ||
| Q2 25 | 8.9% | 15.8% | ||
| Q1 25 | 18.1% | 16.8% | ||
| Q4 24 | -3.1% | 17.9% | ||
| Q3 24 | -1.0% | 16.8% | ||
| Q2 24 | 18.3% | 14.6% | ||
| Q1 24 | 20.4% | 17.6% |
净利率CRGYKEYS
| Q4 25 | -1.0% | 16.4% | ||
| Q3 25 | -1.1% | 14.1% | ||
| Q2 25 | 17.1% | 19.7% | ||
| Q1 25 | -0.2% | 13.0% | ||
| Q4 24 | -13.5% | -5.7% | ||
| Q3 24 | -1.3% | 32.0% | ||
| Q2 24 | 5.7% | 10.4% | ||
| Q1 24 | -3.7% | 13.7% |
每股收益（稀释后）CRGYKEYS
| Q4 25 | — | $1.35 | ||
| Q3 25 | — | $1.10 | ||
| Q2 25 | — | $1.49 | ||
| Q1 25 | — | $0.97 | ||
| Q4 24 | — | $-0.41 | ||
| Q3 24 | — | $2.22 | ||
| Q2 24 | — | $0.72 | ||
| Q1 24 | — | $0.98 |
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 | $10.2M | $1.9B |
| 总债务越低越好 | $5.5B | $2.5B |
| 股东权益账面价值 | $5.2B | $5.9B |
| 总资产 | $12.4B | $11.3B |
| 负债/权益比越低杠杆越低 | 1.07× | 0.43× |
8季度趋势，按日历期对齐
现金及短期投资CRGYKEYS
| Q4 25 | $10.2M | $1.9B | ||
| Q3 25 | $3.5M | $2.6B | ||
| Q2 25 | $3.1M | $3.1B | ||
| Q1 25 | $6.3M | $2.1B | ||
| Q4 24 | $132.8M | $1.8B | ||
| Q3 24 | $136.2M | $1.6B | ||
| Q2 24 | $778.1M | $1.7B | ||
| Q1 24 | $5.3M | $1.7B |
总债务CRGYKEYS
| Q4 25 | $5.5B | $2.5B | ||
| Q3 25 | $3.2B | $2.5B | ||
| Q2 25 | $3.4B | $2.5B | ||
| Q1 25 | $3.6B | $1.8B | ||
| Q4 24 | $3.0B | $1.8B | ||
| Q3 24 | $3.2B | $1.8B | ||
| Q2 24 | $2.4B | $1.8B | ||
| Q1 24 | $1.7B | $1.8B |
股东权益CRGYKEYS
| Q4 25 | $5.2B | $5.9B | ||
| Q3 25 | $4.5B | $5.7B | ||
| Q2 25 | $4.5B | $5.5B | ||
| Q1 25 | $3.3B | $5.2B | ||
| Q4 24 | $3.1B | $5.1B | ||
| Q3 24 | $2.9B | $5.2B | ||
| Q2 24 | $2.1B | $4.9B | ||
| Q1 24 | $2.0B | $4.8B |
总资产CRGYKEYS
| Q4 25 | $12.4B | $11.3B | ||
| Q3 25 | $9.7B | $10.7B | ||
| Q2 25 | $9.9B | $10.5B | ||
| Q1 25 | $9.9B | $9.4B | ||
| Q4 24 | $9.2B | $9.3B | ||
| Q3 24 | $9.3B | $9.3B | ||
| Q2 24 | $7.5B | $9.0B | ||
| Q1 24 | $6.8B | $9.1B |
负债/权益比CRGYKEYS
| Q4 25 | 1.07× | 0.43× | ||
| Q3 25 | 0.72× | 0.45× | ||
| Q2 25 | 0.75× | 0.46× | ||
| Q1 25 | 1.10× | 0.35× | ||
| Q4 24 | 0.97× | 0.35× | ||
| Q3 24 | 1.12× | 0.34× | ||
| Q2 24 | 1.12× | 0.37× | ||
| Q1 24 | 0.88× | 0.38× |
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 | $371.0M | $225.0M |
| 自由现金流经营现金流 - 资本支出 | — | $187.0M |
| 自由现金流率自由现金流/营收 | — | 13.2% |
| 资本支出强度资本支出/营收 | — | 2.7% |
| 现金转化率经营现金流/净利润 | — | 0.97× |
| 过去12个月自由现金流最近4个季度 | — | $1.3B |
8季度趋势，按日历期对齐
经营现金流CRGYKEYS
| Q4 25 | $371.0M | $225.0M | ||
| Q3 25 | $473.1M | $322.0M | ||
| Q2 25 | $499.0M | $484.0M | ||
| Q1 25 | $337.1M | $378.0M | ||
| Q4 24 | $384.4M | $359.0M | ||
| Q3 24 | $368.0M | $255.0M | ||
| Q2 24 | $286.9M | $110.0M | ||
| Q1 24 | $183.8M | $328.0M |
自由现金流CRGYKEYS
| Q4 25 | — | $187.0M | ||
| Q3 25 | — | $291.0M | ||
| Q2 25 | — | $457.0M | ||
| Q1 25 | — | $346.0M | ||
| Q4 24 | — | $321.0M | ||
| Q3 24 | — | $222.0M | ||
| Q2 24 | — | $74.0M | ||
| Q1 24 | — | $281.0M |
自由现金流率CRGYKEYS
| Q4 25 | — | 13.2% | ||
| Q3 25 | — | 21.5% | ||
| Q2 25 | — | 35.0% | ||
| Q1 25 | — | 26.7% | ||
| Q4 24 | — | 24.9% | ||
| Q3 24 | — | 18.2% | ||
| Q2 24 | — | 6.1% | ||
| Q1 24 | — | 22.3% |
资本支出强度CRGYKEYS
| Q4 25 | — | 2.7% | ||
| Q3 25 | — | 2.3% | ||
| Q2 25 | — | 2.1% | ||
| Q1 25 | — | 2.5% | ||
| Q4 24 | — | 3.0% | ||
| Q3 24 | — | 2.7% | ||
| Q2 24 | — | 3.0% | ||
| Q1 24 | — | 3.7% |
现金转化率CRGYKEYS
| Q4 25 | — | 0.97× | ||
| Q3 25 | — | 1.69× | ||
| Q2 25 | 3.26× | 1.88× | ||
| Q1 25 | — | 2.24× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | 7.64× | 0.87× | ||
| Q1 24 | — | 1.91× |
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
CRGY
| Oil Reserves | $554.3M | 64% |
| Natural Gas Production | $182.6M | 21% |
| Natural Gas Liquids Reserves | $92.3M | 11% |
| Midstream And Other | $35.8M | 4% |
KEYS
| Transferred At Point In Time | $790.0M | 56% |
| Electronicindustrial | $429.0M | 30% |
| Transferred Over Time | $200.0M | 14% |
