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卡骆驰（CROX）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
越洋钻探的季度营收约是卡骆驰的1.1倍（$1.0B vs $957.6M），卡骆驰净利率更高（11.0% vs 2.4%，领先8.6%），越洋钻探同比增速更快（9.6% vs -3.2%），越洋钻探自由现金流更多（$321.0M vs $246.4M），过去两年越洋钻探的营收复合增速更高（16.9% vs 1.0%）
卡骆驰（Crocs）是总部位于美国科罗拉多州布鲁姆菲尔德的鞋履企业，主打生产、销售旗下同名品牌的泡沫鞋履产品。其标志性鞋款虽被品牌称为“木屐”，但和传统木屐不同，不含木质材料，凭借舒适轻便的特性受到全球消费者喜爱。
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。
CROX vs RIG — 直观对比
营收规模更大
RIG
是对方的1.1倍
$957.6M
营收增速更快
RIG
高出12.8%
-3.2%
净利率更高
CROX
高出8.6%
2.4%
自由现金流更多
RIG
多$74.6M
$246.4M
两年增速更快
RIG
近两年复合增速
1.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $957.6M | $1.0B |
| 净利润 | $105.2M | $25.0M |
| 毛利率 | 54.7% | 42.0% |
| 营业利润率 | 15.3% | 23.0% |
| 净利率 | 11.0% | 2.4% |
| 营收同比 | -3.2% | 9.6% |
| 净利润同比 | -71.5% | 257.1% |
| 每股收益（稀释后） | $1.79 | $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CROXRIG
| Q4 25 | $957.6M | $1.0B | ||
| Q3 25 | $996.3M | $1.0B | ||
| Q2 25 | $1.1B | $988.0M | ||
| Q1 25 | $937.3M | $906.0M | ||
| Q4 24 | $989.8M | $952.0M | ||
| Q3 24 | $1.1B | $948.0M | ||
| Q2 24 | $1.1B | $861.0M | ||
| Q1 24 | $938.6M | $763.0M |
净利润CROXRIG
| Q4 25 | $105.2M | $25.0M | ||
| Q3 25 | $145.8M | $-1.9B | ||
| Q2 25 | $-492.3M | $-938.0M | ||
| Q1 25 | $160.1M | $-79.0M | ||
| Q4 24 | $368.9M | $7.0M | ||
| Q3 24 | $199.8M | $-494.0M | ||
| Q2 24 | $228.9M | $-123.0M | ||
| Q1 24 | $152.5M | $98.0M |
毛利率CROXRIG
| Q4 25 | 54.7% | 42.0% | ||
| Q3 25 | 58.5% | 43.2% | ||
| Q2 25 | 61.7% | 39.4% | ||
| Q1 25 | 57.8% | 31.8% | ||
| Q4 24 | 57.9% | 39.2% | ||
| Q3 24 | 59.6% | 40.6% | ||
| Q2 24 | 61.4% | 38.0% | ||
| Q1 24 | 55.6% | 31.5% |
营业利润率CROXRIG
| Q4 25 | 15.3% | 23.0% | ||
| Q3 25 | 20.8% | -163.1% | ||
| Q2 25 | -37.2% | -97.6% | ||
| Q1 25 | 23.8% | 7.1% | ||
| Q4 24 | 20.2% | 13.7% | ||
| Q3 24 | 25.4% | -51.2% | ||
| Q2 24 | 29.3% | -6.9% | ||
| Q1 24 | 24.1% | -0.4% |
净利率CROXRIG
| Q4 25 | 11.0% | 2.4% | ||
| Q3 25 | 14.6% | -187.1% | ||
| Q2 25 | -42.8% | -94.9% | ||
| Q1 25 | 17.1% | -8.7% | ||
| Q4 24 | 37.3% | 0.7% | ||
| Q3 24 | 18.8% | -52.1% | ||
| Q2 24 | 20.6% | -14.3% | ||
| Q1 24 | 16.2% | 12.8% |
每股收益（稀释后）CROXRIG
| Q4 25 | $1.79 | $0.13 | ||
| Q3 25 | $2.70 | $-2.00 | ||
| Q2 25 | $-8.82 | $-1.06 | ||
| Q1 25 | $2.83 | $-0.11 | ||
| Q4 24 | $6.25 | $-0.14 | ||
| Q3 24 | $3.36 | $-0.58 | ||
| Q2 24 | $3.77 | $-0.15 | ||
| Q1 24 | $2.50 | $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 | $130.4M | $620.0M |
| 总债务越低越好 | — | $5.2B |
| 股东权益账面价值 | $1.3B | $8.1B |
| 总资产 | $4.2B | $15.6B |
| 负债/权益比越低杠杆越低 | — | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资CROXRIG
| Q4 25 | $130.4M | $620.0M | ||
| Q3 25 | $154.0M | $833.0M | ||
| Q2 25 | $200.6M | $377.0M | ||
| Q1 25 | $166.5M | $263.0M | ||
| Q4 24 | $180.5M | $560.0M | ||
| Q3 24 | $186.1M | $435.0M | ||
| Q2 24 | $167.7M | $475.0M | ||
| Q1 24 | $159.3M | $446.0M |
总债务CROXRIG
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $5.9B | ||
| Q1 25 | — | $5.9B | ||
| Q4 24 | — | $6.2B | ||
| Q3 24 | — | $6.5B | ||
| Q2 24 | — | $6.8B | ||
| Q1 24 | — | $6.8B |
股东权益CROXRIG
| Q4 25 | $1.3B | $8.1B | ||
| Q3 25 | $1.4B | $8.1B | ||
| Q2 25 | $1.4B | $9.4B | ||
| Q1 25 | $2.0B | $10.2B | ||
| Q4 24 | $1.8B | $10.3B | ||
| Q3 24 | $1.7B | $10.2B | ||
| Q2 24 | $1.7B | $10.7B | ||
| Q1 24 | $1.6B | $10.5B |
总资产CROXRIG
| Q4 25 | $4.2B | $15.6B | ||
| Q3 25 | $4.3B | $16.2B | ||
| Q2 25 | $4.5B | $17.8B | ||
| Q1 25 | $5.1B | $19.0B | ||
| Q4 24 | $4.8B | $19.4B | ||
| Q3 24 | $4.7B | $19.5B | ||
| Q2 24 | $4.7B | $20.3B | ||
| Q1 24 | $4.8B | $19.9B |
负债/权益比CROXRIG
| Q4 25 | — | 0.64× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | — | 0.63× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | — | 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 | $252.5M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $246.4M | $321.0M |
| 自由现金流率自由现金流/营收 | 25.7% | 30.8% |
| 资本支出强度资本支出/营收 | 0.6% | 2.7% |
| 现金转化率经营现金流/净利润 | 2.40× | 13.96× |
| 过去12个月自由现金流最近4个季度 | $659.2M | $626.0M |
8季度趋势，按日历期对齐
经营现金流CROXRIG
| Q4 25 | $252.5M | $349.0M | ||
| Q3 25 | $239.3M | $246.0M | ||
| Q2 25 | $285.8M | $128.0M | ||
| Q1 25 | $-67.2M | $26.0M | ||
| Q4 24 | $321.9M | $206.0M | ||
| Q3 24 | $296.9M | $194.0M | ||
| Q2 24 | $401.2M | $133.0M | ||
| Q1 24 | $-27.6M | $-86.0M |
自由现金流CROXRIG
| Q4 25 | $246.4M | $321.0M | ||
| Q3 25 | $226.2M | $235.0M | ||
| Q2 25 | $269.2M | $104.0M | ||
| Q1 25 | $-82.6M | $-34.0M | ||
| Q4 24 | $303.4M | $177.0M | ||
| Q3 24 | $278.8M | $136.0M | ||
| Q2 24 | $384.2M | $49.0M | ||
| Q1 24 | $-43.3M | $-169.0M |
自由现金流率CROXRIG
| Q4 25 | 25.7% | 30.8% | ||
| Q3 25 | 22.7% | 22.9% | ||
| Q2 25 | 23.4% | 10.5% | ||
| Q1 25 | -8.8% | -3.8% | ||
| Q4 24 | 30.7% | 18.6% | ||
| Q3 24 | 26.3% | 14.3% | ||
| Q2 24 | 34.6% | 5.7% | ||
| Q1 24 | -4.6% | -22.1% |
资本支出强度CROXRIG
| Q4 25 | 0.6% | 2.7% | ||
| Q3 25 | 1.3% | 1.1% | ||
| Q2 25 | 1.4% | 2.4% | ||
| Q1 25 | 1.6% | 6.6% | ||
| Q4 24 | 1.9% | 3.0% | ||
| Q3 24 | 1.7% | 6.1% | ||
| Q2 24 | 1.5% | 9.8% | ||
| Q1 24 | 1.7% | 10.9% |
现金转化率CROXRIG
| Q4 25 | 2.40× | 13.96× | ||
| Q3 25 | 1.64× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -0.42× | — | ||
| Q4 24 | 0.87× | 29.43× | ||
| Q3 24 | 1.49× | — | ||
| Q2 24 | 1.75× | — | ||
| Q1 24 | -0.18× | -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
CROX
| Sales Channel Directly To Consumer | $333.2M | 35% |
| Other | $332.1M | 35% |
| HEYDUDE Brand Segment | $189.3M | 20% |
| Sales Channel Through Intermediary Wholesale | $103.1M | 11% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
