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Dorman Products, Inc.（DORM）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Dorman Products, Inc.的1.9倍（$1.0B vs $537.9M），越洋钻探净利率更高（2.4% vs 2.1%，领先0.2%），越洋钻探同比增速更快（9.6% vs 0.8%），越洋钻探自由现金流更多（$321.0M vs $33.5M），过去两年越洋钻探的营收复合增速更高（16.9% vs 7.1%）
多尔曼产品公司是美国知名的汽车售后配件制造商，成立于1918年，总部位于宾夕法尼亚州科尔马，在纳斯达克上市，股票代码为DORM，深耕汽车售后市场多年，为市场提供丰富的替换零部件产品。
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。
DORM vs RIG — 直观对比
营收规模更大
RIG
是对方的1.9倍
$537.9M
营收增速更快
RIG
高出8.8%
0.8%
净利率更高
RIG
高出0.2%
2.1%
自由现金流更多
RIG
多$287.5M
$33.5M
两年增速更快
RIG
近两年复合增速
7.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $537.9M | $1.0B |
| 净利润 | $11.6M | $25.0M |
| 毛利率 | 42.6% | 42.0% |
| 营业利润率 | 5.8% | 23.0% |
| 净利率 | 2.1% | 2.4% |
| 营收同比 | 0.8% | 9.6% |
| 净利润同比 | -78.8% | 257.1% |
| 每股收益（稀释后） | $0.38 | $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DORMRIG
| Q4 25 | $537.9M | $1.0B | ||
| Q3 25 | $543.7M | $1.0B | ||
| Q2 25 | $541.0M | $988.0M | ||
| Q1 25 | $507.7M | $906.0M | ||
| Q4 24 | $533.8M | $952.0M | ||
| Q3 24 | $503.8M | $948.0M | ||
| Q2 24 | $503.0M | $861.0M | ||
| Q1 24 | $468.7M | $763.0M |
净利润DORMRIG
| Q4 25 | $11.6M | $25.0M | ||
| Q3 25 | $76.4M | $-1.9B | ||
| Q2 25 | $58.7M | $-938.0M | ||
| Q1 25 | $57.5M | $-79.0M | ||
| Q4 24 | $54.5M | $7.0M | ||
| Q3 24 | $55.3M | $-494.0M | ||
| Q2 24 | $47.4M | $-123.0M | ||
| Q1 24 | $32.8M | $98.0M |
毛利率DORMRIG
| Q4 25 | 42.6% | 42.0% | ||
| Q3 25 | 44.4% | 43.2% | ||
| Q2 25 | 40.6% | 39.4% | ||
| Q1 25 | 40.9% | 31.8% | ||
| Q4 24 | 41.5% | 39.2% | ||
| Q3 24 | 40.5% | 40.6% | ||
| Q2 24 | 39.6% | 38.0% | ||
| Q1 24 | 38.7% | 31.5% |
营业利润率DORMRIG
| Q4 25 | 5.8% | 23.0% | ||
| Q3 25 | 19.4% | -163.1% | ||
| Q2 25 | 15.2% | -97.6% | ||
| Q1 25 | 15.8% | 7.1% | ||
| Q4 24 | 16.3% | 13.7% | ||
| Q3 24 | 15.7% | -51.2% | ||
| Q2 24 | 14.4% | -6.9% | ||
| Q1 24 | 11.6% | -0.4% |
净利率DORMRIG
| Q4 25 | 2.1% | 2.4% | ||
| Q3 25 | 14.1% | -187.1% | ||
| Q2 25 | 10.9% | -94.9% | ||
| Q1 25 | 11.3% | -8.7% | ||
| Q4 24 | 10.2% | 0.7% | ||
| Q3 24 | 11.0% | -52.1% | ||
| Q2 24 | 9.4% | -14.3% | ||
| Q1 24 | 7.0% | 12.8% |
每股收益（稀释后）DORMRIG
| Q4 25 | $0.38 | $0.13 | ||
| Q3 25 | $2.48 | $-2.00 | ||
| Q2 25 | $1.91 | $-1.06 | ||
| Q1 25 | $1.87 | $-0.11 | ||
| Q4 24 | $1.76 | $-0.14 | ||
| Q3 24 | $1.80 | $-0.58 | ||
| Q2 24 | $1.53 | $-0.15 | ||
| Q1 24 | $1.05 | $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 | $49.4M | $620.0M |
| 总债务越低越好 | $440.6M | $5.2B |
| 股东权益账面价值 | $1.5B | $8.1B |
| 总资产 | $2.5B | $15.6B |
| 负债/权益比越低杠杆越低 | 0.30× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资DORMRIG
| Q4 25 | $49.4M | $620.0M | ||
| Q3 25 | $55.5M | $833.0M | ||
| Q2 25 | $56.8M | $377.0M | ||
| Q1 25 | $60.6M | $263.0M | ||
| Q4 24 | $57.1M | $560.0M | ||
| Q3 24 | $45.1M | $435.0M | ||
| Q2 24 | $47.5M | $475.0M | ||
| Q1 24 | $34.4M | $446.0M |
总债务DORMRIG
| Q4 25 | $440.6M | $5.2B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $5.9B | ||
| Q1 25 | — | $5.9B | ||
| Q4 24 | $468.8M | $6.2B | ||
| Q3 24 | — | $6.5B | ||
| Q2 24 | — | $6.8B | ||
| Q1 24 | — | $6.8B |
股东权益DORMRIG
| Q4 25 | $1.5B | $8.1B | ||
| Q3 25 | $1.5B | $8.1B | ||
| Q2 25 | $1.4B | $9.4B | ||
| Q1 25 | $1.3B | $10.2B | ||
| Q4 24 | $1.3B | $10.3B | ||
| Q3 24 | $1.2B | $10.2B | ||
| Q2 24 | $1.2B | $10.7B | ||
| Q1 24 | $1.2B | $10.5B |
总资产DORMRIG
| Q4 25 | $2.5B | $15.6B | ||
| Q3 25 | $2.6B | $16.2B | ||
| Q2 25 | $2.5B | $17.8B | ||
| Q1 25 | $2.4B | $19.0B | ||
| Q4 24 | $2.4B | $19.4B | ||
| Q3 24 | $2.4B | $19.5B | ||
| Q2 24 | $2.3B | $20.3B | ||
| Q1 24 | $2.2B | $19.9B |
负债/权益比DORMRIG
| Q4 25 | 0.30× | 0.64× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | — | 0.63× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | 0.36× | 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 | $41.6M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $33.5M | $321.0M |
| 自由现金流率自由现金流/营收 | 6.2% | 30.8% |
| 资本支出强度资本支出/营收 | 1.5% | 2.7% |
| 现金转化率经营现金流/净利润 | 3.60× | 13.96× |
| 过去12个月自由现金流最近4个季度 | $75.7M | $626.0M |
8季度趋势，按日历期对齐
经营现金流DORMRIG
| Q4 25 | $41.6M | $349.0M | ||
| Q3 25 | $12.2M | $246.0M | ||
| Q2 25 | $8.5M | $128.0M | ||
| Q1 25 | $51.2M | $26.0M | ||
| Q4 24 | $71.4M | $206.0M | ||
| Q3 24 | $44.3M | $194.0M | ||
| Q2 24 | $63.3M | $133.0M | ||
| Q1 24 | $52.0M | $-86.0M |
自由现金流DORMRIG
| Q4 25 | $33.5M | $321.0M | ||
| Q3 25 | $1.8M | $235.0M | ||
| Q2 25 | $98.0K | $104.0M | ||
| Q1 25 | $40.3M | $-34.0M | ||
| Q4 24 | $63.2M | $177.0M | ||
| Q3 24 | $35.7M | $136.0M | ||
| Q2 24 | $51.4M | $49.0M | ||
| Q1 24 | $41.2M | $-169.0M |
自由现金流率DORMRIG
| Q4 25 | 6.2% | 30.8% | ||
| Q3 25 | 0.3% | 22.9% | ||
| Q2 25 | 0.0% | 10.5% | ||
| Q1 25 | 7.9% | -3.8% | ||
| Q4 24 | 11.8% | 18.6% | ||
| Q3 24 | 7.1% | 14.3% | ||
| Q2 24 | 10.2% | 5.7% | ||
| Q1 24 | 8.8% | -22.1% |
资本支出强度DORMRIG
| Q4 25 | 1.5% | 2.7% | ||
| Q3 25 | 1.9% | 1.1% | ||
| Q2 25 | 1.6% | 2.4% | ||
| Q1 25 | 2.2% | 6.6% | ||
| Q4 24 | 1.5% | 3.0% | ||
| Q3 24 | 1.7% | 6.1% | ||
| Q2 24 | 2.4% | 9.8% | ||
| Q1 24 | 2.3% | 10.9% |
现金转化率DORMRIG
| Q4 25 | 3.60× | 13.96× | ||
| Q3 25 | 0.16× | — | ||
| Q2 25 | 0.15× | — | ||
| Q1 25 | 0.89× | — | ||
| Q4 24 | 1.31× | 29.43× | ||
| Q3 24 | 0.80× | — | ||
| Q2 24 | 1.34× | — | ||
| Q1 24 | 1.58× | -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
DORM
| Light Duty | $428.6M | 80% |
| Heavy Duty | $55.8M | 10% |
| Specialty Vehicle | $53.5M | 10% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
