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柯蒂斯-莱特（CW）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柯蒂斯-莱特的1.1倍（$1.0B vs $947.0M），柯蒂斯-莱特净利率更高（14.5% vs 2.4%，领先12.1%），柯蒂斯-莱特同比增速更快（14.9% vs 9.6%），越洋钻探自由现金流更多（$321.0M vs $315.1M），过去两年越洋钻探的营收复合增速更高（16.9% vs 15.2%）
柯蒂斯-莱特公司是总部位于美国北卡罗来纳州戴维森的制造与服务提供商，在美国内外均设有工厂及业务网点。公司1929年由柯蒂斯、莱特及多家供应商合并成立，成立之初即为美国最大航空企业，二战期间为美军生产了超14.2万台航空发动机。
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。
CW vs RIG — 直观对比
营收规模更大
RIG
是对方的1.1倍
$947.0M
营收增速更快
CW
高出5.3%
9.6%
净利率更高
CW
高出12.1%
2.4%
自由现金流更多
RIG
多$5.9M
$315.1M
两年增速更快
RIG
近两年复合增速
15.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $947.0M | $1.0B |
| 净利润 | $137.0M | $25.0M |
| 毛利率 | 37.5% | 42.0% |
| 营业利润率 | 19.2% | 23.0% |
| 净利率 | 14.5% | 2.4% |
| 营收同比 | 14.9% | 9.6% |
| 净利润同比 | 16.2% | 257.1% |
| 每股收益（稀释后） | $3.69 | $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CWRIG
| Q4 25 | $947.0M | $1.0B | ||
| Q3 25 | $869.2M | $1.0B | ||
| Q2 25 | $876.6M | $988.0M | ||
| Q1 25 | $805.6M | $906.0M | ||
| Q4 24 | $824.3M | $952.0M | ||
| Q3 24 | $798.9M | $948.0M | ||
| Q2 24 | $784.8M | $861.0M | ||
| Q1 24 | $713.2M | $763.0M |
净利润CWRIG
| Q4 25 | $137.0M | $25.0M | ||
| Q3 25 | $124.8M | $-1.9B | ||
| Q2 25 | $121.1M | $-938.0M | ||
| Q1 25 | $101.3M | $-79.0M | ||
| Q4 24 | $117.9M | $7.0M | ||
| Q3 24 | $111.2M | $-494.0M | ||
| Q2 24 | $99.5M | $-123.0M | ||
| Q1 24 | $76.5M | $98.0M |
毛利率CWRIG
| Q4 25 | 37.5% | 42.0% | ||
| Q3 25 | 37.7% | 43.2% | ||
| Q2 25 | 37.2% | 39.4% | ||
| Q1 25 | 36.3% | 31.8% | ||
| Q4 24 | 38.5% | 39.2% | ||
| Q3 24 | 37.3% | 40.6% | ||
| Q2 24 | 36.2% | 38.0% | ||
| Q1 24 | 35.6% | 31.5% |
营业利润率CWRIG
| Q4 25 | 19.2% | 23.0% | ||
| Q3 25 | 19.1% | -163.1% | ||
| Q2 25 | 17.8% | -97.6% | ||
| Q1 25 | 16.0% | 7.1% | ||
| Q4 24 | 18.8% | 13.7% | ||
| Q3 24 | 18.1% | -51.2% | ||
| Q2 24 | 16.4% | -6.9% | ||
| Q1 24 | 14.0% | -0.4% |
净利率CWRIG
| Q4 25 | 14.5% | 2.4% | ||
| Q3 25 | 14.4% | -187.1% | ||
| Q2 25 | 13.8% | -94.9% | ||
| Q1 25 | 12.6% | -8.7% | ||
| Q4 24 | 14.3% | 0.7% | ||
| Q3 24 | 13.9% | -52.1% | ||
| Q2 24 | 12.7% | -14.3% | ||
| Q1 24 | 10.7% | 12.8% |
每股收益（稀释后）CWRIG
| Q4 25 | $3.69 | $0.13 | ||
| Q3 25 | $3.31 | $-2.00 | ||
| Q2 25 | $3.19 | $-1.06 | ||
| Q1 25 | $2.68 | $-0.11 | ||
| Q4 24 | $3.09 | $-0.14 | ||
| Q3 24 | $2.89 | $-0.58 | ||
| Q2 24 | $2.58 | $-0.15 | ||
| Q1 24 | $1.99 | $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 | — | $620.0M |
| 总债务越低越好 | $957.9M | $5.2B |
| 股东权益账面价值 | $2.5B | $8.1B |
| 总资产 | $5.2B | $15.6B |
| 负债/权益比越低杠杆越低 | 0.38× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资CWRIG
| Q4 25 | — | $620.0M | ||
| Q3 25 | — | $833.0M | ||
| Q2 25 | — | $377.0M | ||
| Q1 25 | $226.5M | $263.0M | ||
| Q4 24 | $385.0M | $560.0M | ||
| Q3 24 | — | $435.0M | ||
| Q2 24 | — | $475.0M | ||
| Q1 24 | $338.0M | $446.0M |
总债务CWRIG
| Q4 25 | $957.9M | $5.2B | ||
| Q3 25 | $968.6M | $4.8B | ||
| Q2 25 | $958.4M | $5.9B | ||
| Q1 25 | $958.6M | $5.9B | ||
| Q4 24 | $1.0B | $6.2B | ||
| Q3 24 | $1.0B | $6.5B | ||
| Q2 24 | $1.0B | $6.8B | ||
| Q1 24 | $1.1B | $6.8B |
股东权益CWRIG
| Q4 25 | $2.5B | $8.1B | ||
| Q3 25 | $2.5B | $8.1B | ||
| Q2 25 | $2.7B | $9.4B | ||
| Q1 25 | $2.6B | $10.2B | ||
| Q4 24 | $2.4B | $10.3B | ||
| Q3 24 | $2.5B | $10.2B | ||
| Q2 24 | $2.5B | $10.7B | ||
| Q1 24 | $2.4B | $10.5B |
总资产CWRIG
| Q4 25 | $5.2B | $15.6B | ||
| Q3 25 | $5.1B | $16.2B | ||
| Q2 25 | $5.2B | $17.8B | ||
| Q1 25 | $5.0B | $19.0B | ||
| Q4 24 | $5.0B | $19.4B | ||
| Q3 24 | $4.9B | $19.5B | ||
| Q2 24 | $4.7B | $20.3B | ||
| Q1 24 | $4.6B | $19.9B |
负债/权益比CWRIG
| Q4 25 | 0.38× | 0.64× | ||
| Q3 25 | 0.38× | 0.60× | ||
| Q2 25 | 0.35× | 0.63× | ||
| Q1 25 | 0.37× | 0.58× | ||
| Q4 24 | 0.43× | 0.60× | ||
| Q3 24 | 0.42× | 0.64× | ||
| Q2 24 | 0.43× | 0.63× | ||
| Q1 24 | 0.44× | 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 | $352.7M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $315.1M | $321.0M |
| 自由现金流率自由现金流/营收 | 33.3% | 30.8% |
| 资本支出强度资本支出/营收 | 4.0% | 2.7% |
| 现金转化率经营现金流/净利润 | 2.57× | 13.96× |
| 过去12个月自由现金流最近4个季度 | $553.7M | $626.0M |
8季度趋势，按日历期对齐
经营现金流CWRIG
| Q4 25 | $352.7M | $349.0M | ||
| Q3 25 | $192.8M | $246.0M | ||
| Q2 25 | $136.6M | $128.0M | ||
| Q1 25 | $-38.8M | $26.0M | ||
| Q4 24 | $301.3M | $206.0M | ||
| Q3 24 | $177.3M | $194.0M | ||
| Q2 24 | $111.3M | $133.0M | ||
| Q1 24 | $-45.6M | $-86.0M |
自由现金流CWRIG
| Q4 25 | $315.1M | $321.0M | ||
| Q3 25 | $175.9M | $235.0M | ||
| Q2 25 | $117.2M | $104.0M | ||
| Q1 25 | $-54.5M | $-34.0M | ||
| Q4 24 | $278.0M | $177.0M | ||
| Q3 24 | $162.7M | $136.0M | ||
| Q2 24 | $100.3M | $49.0M | ||
| Q1 24 | $-57.7M | $-169.0M |
自由现金流率CWRIG
| Q4 25 | 33.3% | 30.8% | ||
| Q3 25 | 20.2% | 22.9% | ||
| Q2 25 | 13.4% | 10.5% | ||
| Q1 25 | -6.8% | -3.8% | ||
| Q4 24 | 33.7% | 18.6% | ||
| Q3 24 | 20.4% | 14.3% | ||
| Q2 24 | 12.8% | 5.7% | ||
| Q1 24 | -8.1% | -22.1% |
资本支出强度CWRIG
| Q4 25 | 4.0% | 2.7% | ||
| Q3 25 | 1.9% | 1.1% | ||
| Q2 25 | 2.2% | 2.4% | ||
| Q1 25 | 2.0% | 6.6% | ||
| Q4 24 | 2.8% | 3.0% | ||
| Q3 24 | 1.8% | 6.1% | ||
| Q2 24 | 1.4% | 9.8% | ||
| Q1 24 | 1.7% | 10.9% |
现金转化率CWRIG
| Q4 25 | 2.57× | 13.96× | ||
| Q3 25 | 1.54× | — | ||
| Q2 25 | 1.13× | — | ||
| Q1 25 | -0.38× | — | ||
| Q4 24 | 2.56× | 29.43× | ||
| Q3 24 | 1.59× | — | ||
| Q2 24 | 1.12× | — | ||
| Q1 24 | -0.60× | -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
CW
| Naval Power | $417.4M | 44% |
| Defense Electronics | $268.3M | 28% |
| Aerospace Industrial | $262.4M | 28% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
