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DNOW Inc.（DNOW）与RANGE RESOURCES CORP（RRC）财务数据对比。点击上方公司名可切换其他公司
DNOW Inc.的季度营收约是RANGE RESOURCES CORP的1.2倍（$959.0M vs $786.9M），RANGE RESOURCES CORP净利率更高（22.8% vs -16.8%，领先39.5%），DNOW Inc.同比增速更快（68.0% vs 18.0%），过去两年DNOW Inc.的营收复合增速更高（30.5% vs 14.6%）
DNOW Inc.（商业名称DistributionNOW）是一家全球工业及能源产品分销商，提供供应链管理、库存优化、技术支持服务，主营油气、可再生能源、制造、建筑等领域所需的零部件、设备及耗材，业务覆盖北美、欧洲及亚太地区。
Range Resources Corporation是一家总部位于美国得克萨斯州沃斯堡的天然气勘探开采企业，核心运营区域为马塞勒斯页岩地层，是该地区拥有土地面积最大的运营商，专注于天然气资源的勘探、开发与生产业务，在北美油气开发领域具备深厚的行业积累。
DNOW vs RRC — 直观对比
营收规模更大
DNOW
是对方的1.2倍
$786.9M
营收增速更快
DNOW
高出50.0%
18.0%
净利率更高
RRC
高出39.5%
-16.8%
两年增速更快
DNOW
近两年复合增速
14.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $959.0M | $786.9M |
| 净利润 | $-161.0M | $179.1M |
| 毛利率 | 5.2% | 94.5% |
| 营业利润率 | -19.6% | — |
| 净利率 | -16.8% | 22.8% |
| 营收同比 | 68.0% | 18.0% |
| 净利润同比 | -905.0% | 88.8% |
| 每股收益（稀释后） | $-1.42 | $0.75 |
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DNOWRRC
| Q4 25 | $959.0M | $786.9M | ||
| Q3 25 | $634.0M | $655.3M | ||
| Q2 25 | $628.0M | $699.6M | ||
| Q1 25 | $599.0M | $846.3M | ||
| Q4 24 | $571.0M | $667.0M | ||
| Q3 24 | $606.0M | $567.9M | ||
| Q2 24 | $633.0M | $513.2M | ||
| Q1 24 | $563.0M | $598.8M |
净利润DNOWRRC
| Q4 25 | $-161.0M | $179.1M | ||
| Q3 25 | $25.0M | $144.3M | ||
| Q2 25 | $25.0M | $237.6M | ||
| Q1 25 | $22.0M | $97.1M | ||
| Q4 24 | $20.0M | $94.8M | ||
| Q3 24 | $13.0M | $50.7M | ||
| Q2 24 | $24.0M | $28.7M | ||
| Q1 24 | $21.0M | $92.1M |
毛利率DNOWRRC
| Q4 25 | 5.2% | 94.5% | ||
| Q3 25 | 22.9% | 92.5% | ||
| Q2 25 | 22.9% | 95.0% | ||
| Q1 25 | 23.2% | 93.1% | ||
| Q4 24 | 22.6% | 93.7% | ||
| Q3 24 | 22.3% | 94.3% | ||
| Q2 24 | 21.8% | 93.4% | ||
| Q1 24 | 22.9% | 94.7% |
营业利润率DNOWRRC
| Q4 25 | -19.6% | — | ||
| Q3 25 | 5.2% | — | ||
| Q2 25 | 5.1% | — | ||
| Q1 25 | 5.0% | — | ||
| Q4 24 | 4.4% | — | ||
| Q3 24 | 3.8% | — | ||
| Q2 24 | 5.2% | — | ||
| Q1 24 | 5.0% | — |
净利率DNOWRRC
| Q4 25 | -16.8% | 22.8% | ||
| Q3 25 | 3.9% | 22.0% | ||
| Q2 25 | 4.0% | 34.0% | ||
| Q1 25 | 3.7% | 11.5% | ||
| Q4 24 | 3.5% | 14.2% | ||
| Q3 24 | 2.1% | 8.9% | ||
| Q2 24 | 3.8% | 5.6% | ||
| Q1 24 | 3.7% | 15.4% |
每股收益（稀释后）DNOWRRC
| Q4 25 | $-1.42 | $0.75 | ||
| Q3 25 | $0.23 | $0.60 | ||
| Q2 25 | $0.23 | $0.99 | ||
| Q1 25 | $0.20 | $0.40 | ||
| Q4 24 | $0.19 | $0.38 | ||
| Q3 24 | $0.12 | $0.21 | ||
| Q2 24 | $0.21 | $0.12 | ||
| Q1 24 | $0.19 | $0.38 |
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 | $164.0M | $204.0K |
| 总债务越低越好 | $411.0M | $1.2B |
| 股东权益账面价值 | $2.2B | $4.3B |
| 总资产 | $3.9B | $7.4B |
| 负债/权益比越低杠杆越低 | 0.18× | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资DNOWRRC
| Q4 25 | $164.0M | $204.0K | ||
| Q3 25 | $266.0M | $175.0K | ||
| Q2 25 | $232.0M | $134.0K | ||
| Q1 25 | $219.0M | $344.6M | ||
| Q4 24 | $256.0M | $304.5M | ||
| Q3 24 | $261.0M | $277.4M | ||
| Q2 24 | $197.0M | $251.1M | ||
| Q1 24 | $188.0M | $343.1M |
总债务DNOWRRC
| Q4 25 | $411.0M | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | $0 | $1.7B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.7B | ||
| Q1 24 | — | $1.8B |
股东权益DNOWRRC
| Q4 25 | $2.2B | $4.3B | ||
| Q3 25 | $1.2B | $4.2B | ||
| Q2 25 | $1.2B | $4.1B | ||
| Q1 25 | $1.1B | $3.9B | ||
| Q4 24 | $1.1B | $3.9B | ||
| Q3 24 | $1.1B | $3.9B | ||
| Q2 24 | $1.1B | $3.9B | ||
| Q1 24 | $1.1B | $3.8B |
总资产DNOWRRC
| Q4 25 | $3.9B | $7.4B | ||
| Q3 25 | $1.7B | $7.2B | ||
| Q2 25 | $1.7B | $7.1B | ||
| Q1 25 | $1.7B | $7.4B | ||
| Q4 24 | $1.6B | $7.3B | ||
| Q3 24 | $1.6B | $7.2B | ||
| Q2 24 | $1.6B | $7.3B | ||
| Q1 24 | $1.6B | $7.4B |
负债/权益比DNOWRRC
| Q4 25 | 0.18× | 0.28× | ||
| Q3 25 | — | 0.29× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.43× | ||
| Q4 24 | 0.00× | 0.43× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.44× | ||
| Q1 24 | — | 0.46× |
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 | $83.0M | $257.5M |
| 自由现金流经营现金流 - 资本支出 | $76.0M | — |
| 自由现金流率自由现金流/营收 | 7.9% | — |
| 资本支出强度资本支出/营收 | 0.7% | — |
| 现金转化率经营现金流/净利润 | — | 1.44× |
| 过去12个月自由现金流最近4个季度 | $134.0M | — |
8季度趋势，按日历期对齐
经营现金流DNOWRRC
| Q4 25 | $83.0M | $257.5M | ||
| Q3 25 | $43.0M | $247.5M | ||
| Q2 25 | $45.0M | $336.2M | ||
| Q1 25 | $-16.0M | $330.1M | ||
| Q4 24 | $122.0M | $217.9M | ||
| Q3 24 | $74.0M | $245.9M | ||
| Q2 24 | $21.0M | $148.8M | ||
| Q1 24 | $81.0M | $331.9M |
自由现金流DNOWRRC
| Q4 25 | $76.0M | — | ||
| Q3 25 | $39.0M | — | ||
| Q2 25 | $41.0M | — | ||
| Q1 25 | $-22.0M | — | ||
| Q4 24 | $119.0M | — | ||
| Q3 24 | $72.0M | — | ||
| Q2 24 | $18.0M | — | ||
| Q1 24 | $80.0M | — |
自由现金流率DNOWRRC
| Q4 25 | 7.9% | — | ||
| Q3 25 | 6.2% | — | ||
| Q2 25 | 6.5% | — | ||
| Q1 25 | -3.7% | — | ||
| Q4 24 | 20.8% | — | ||
| Q3 24 | 11.9% | — | ||
| Q2 24 | 2.8% | — | ||
| Q1 24 | 14.2% | — |
资本支出强度DNOWRRC
| Q4 25 | 0.7% | — | ||
| Q3 25 | 0.6% | — | ||
| Q2 25 | 0.6% | — | ||
| Q1 25 | 1.0% | — | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | 0.3% | — | ||
| Q2 24 | 0.5% | — | ||
| Q1 24 | 0.2% | — |
现金转化率DNOWRRC
| Q4 25 | — | 1.44× | ||
| Q3 25 | 1.72× | 1.72× | ||
| Q2 25 | 1.80× | 1.42× | ||
| Q1 25 | -0.73× | 3.40× | ||
| Q4 24 | 6.10× | 2.30× | ||
| Q3 24 | 5.69× | 4.85× | ||
| Q2 24 | 0.88× | 5.18× | ||
| Q1 24 | 3.86× | 3.60× |
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
DNOW
| Pipelines | $455.0M | 47% |
| Downstream And Industrial | $196.0M | 20% |
| Gas Utilities | $183.0M | 19% |
| Oil And Gas Properties | $105.0M | 11% |
| Other | $20.0M | 2% |
RRC
| Natural Gas Natural Gas Liquids And Oil Sales | $745.5M | 95% |
| Brokered Natural Gas And Marketing | $41.3M | 5% |
