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Devon Energy（DVN）与皇家加勒比集团（RCL）财务数据对比。点击上方公司名可切换其他公司
皇家加勒比集团的季度营收约是Devon Energy的1.1倍（$4.3B vs $3.9B），皇家加勒比集团净利率更高（17.7% vs 14.3%，领先3.4%），皇家加勒比集团同比增速更快（13.3% vs -12.3%），Devon Energy自由现金流更多（$702.0M vs $116.0M），过去两年皇家加勒比集团的营收复合增速更高（6.9% vs 2.6%）
Devon Energy是美国主营油气勘探开发的能源企业，注册地位于特拉华州，运营总部设在俄克拉荷马州俄克拉荷马市的50层Devon Energy中心，业务布局覆盖特拉华盆地、伊格尔福特产区及落基山脉区域。
皇家加勒比集团前身为皇家加勒比邮轮有限公司，是仅次于嘉年华公司的全球第二大邮轮运营商。集团总部位于美国佛罗里达州迈阿密，在利比里亚注册，目前全资拥有皇家加勒比国际游轮、名人邮轮、银海邮轮三大品牌，还持有途易邮轮50%的股份。
DVN vs RCL — 直观对比
营收规模更大
RCL
是对方的1.1倍
$3.9B
营收增速更快
RCL
高出25.5%
-12.3%
净利率更高
RCL
高出3.4%
14.3%
自由现金流更多
DVN
多$586.0M
$116.0M
两年增速更快
RCL
近两年复合增速
2.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.9B | $4.3B |
| 净利润 | $562.0M | $753.0M |
| 毛利率 | — | 47.4% |
| 营业利润率 | 19.0% | 21.9% |
| 净利率 | 14.3% | 17.7% |
| 营收同比 | -12.3% | 13.3% |
| 净利润同比 | -12.1% | 36.4% |
| 每股收益（稀释后） | $0.90 | $2.76 |
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DVNRCL
| Q4 25 | $3.9B | $4.3B | ||
| Q3 25 | $4.3B | $5.1B | ||
| Q2 25 | $4.0B | $4.5B | ||
| Q1 25 | $4.5B | $4.0B | ||
| Q4 24 | $4.5B | $3.8B | ||
| Q3 24 | $3.8B | $4.9B | ||
| Q2 24 | $3.9B | $4.1B | ||
| Q1 24 | $3.7B | $3.7B |
净利润DVNRCL
| Q4 25 | $562.0M | $753.0M | ||
| Q3 25 | $687.0M | $1.6B | ||
| Q2 25 | $899.0M | $1.2B | ||
| Q1 25 | $494.0M | $730.0M | ||
| Q4 24 | $639.0M | $552.0M | ||
| Q3 24 | $812.0M | $1.1B | ||
| Q2 24 | $844.0M | $854.0M | ||
| Q1 24 | $596.0M | $360.0M |
毛利率DVNRCL
| Q4 25 | — | 47.4% | ||
| Q3 25 | — | 51.8% | ||
| Q2 25 | — | 49.7% | ||
| Q1 25 | — | 48.0% | ||
| Q4 24 | — | 45.4% | ||
| Q3 24 | — | 51.1% | ||
| Q2 24 | — | 47.6% | ||
| Q1 24 | — | 44.8% |
营业利润率DVNRCL
| Q4 25 | 19.0% | 21.9% | ||
| Q3 25 | 21.5% | 33.1% | ||
| Q2 25 | 28.7% | 29.3% | ||
| Q1 25 | 14.2% | 23.6% | ||
| Q4 24 | 18.7% | 16.6% | ||
| Q3 24 | 28.0% | 33.4% | ||
| Q2 24 | 26.7% | 26.7% | ||
| Q1 24 | 20.5% | 20.1% |
净利率DVNRCL
| Q4 25 | 14.3% | 17.7% | ||
| Q3 25 | 16.2% | 30.6% | ||
| Q2 25 | 22.2% | 26.7% | ||
| Q1 25 | 10.9% | 18.3% | ||
| Q4 24 | 14.2% | 14.7% | ||
| Q3 24 | 21.4% | 22.7% | ||
| Q2 24 | 21.7% | 20.8% | ||
| Q1 24 | 15.9% | 9.7% |
每股收益（稀释后）DVNRCL
| Q4 25 | $0.90 | $2.76 | ||
| Q3 25 | $1.09 | $5.74 | ||
| Q2 25 | $1.41 | $4.41 | ||
| Q1 25 | $0.77 | $2.70 | ||
| Q4 24 | $0.98 | $2.27 | ||
| Q3 24 | $1.30 | $4.21 | ||
| Q2 24 | $1.34 | $3.11 | ||
| Q1 24 | $0.94 | $1.35 |
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 | $1.4B | $825.0M |
| 总债务越低越好 | $8.4B | $18.2B |
| 股东权益账面价值 | $15.5B | $10.0B |
| 总资产 | $31.6B | $41.6B |
| 负债/权益比越低杠杆越低 | 0.54× | 1.81× |
8季度趋势，按日历期对齐
现金及短期投资DVNRCL
| Q4 25 | $1.4B | $825.0M | ||
| Q3 25 | $1.2B | $432.0M | ||
| Q2 25 | $1.7B | $735.0M | ||
| Q1 25 | $1.2B | $386.0M | ||
| Q4 24 | $811.0M | $388.0M | ||
| Q3 24 | $645.0M | $418.0M | ||
| Q2 24 | $1.1B | $391.0M | ||
| Q1 24 | $1.1B | $437.0M |
总债务DVNRCL
| Q4 25 | $8.4B | $18.2B | ||
| Q3 25 | $8.4B | $17.2B | ||
| Q2 25 | $8.9B | $17.6B | ||
| Q1 25 | $8.9B | $18.0B | ||
| Q4 24 | $8.9B | $18.5B | ||
| Q3 24 | $8.9B | $19.0B | ||
| Q2 24 | $6.1B | $19.8B | ||
| Q1 24 | $6.1B | $18.9B |
股东权益DVNRCL
| Q4 25 | $15.5B | $10.0B | ||
| Q3 25 | $15.3B | $10.1B | ||
| Q2 25 | $15.1B | $9.2B | ||
| Q1 25 | $14.5B | $8.0B | ||
| Q4 24 | $14.5B | $7.6B | ||
| Q3 24 | $14.3B | $7.0B | ||
| Q2 24 | $12.6B | $6.0B | ||
| Q1 24 | $12.2B | $5.2B |
总资产DVNRCL
| Q4 25 | $31.6B | $41.6B | ||
| Q3 25 | $31.2B | $40.1B | ||
| Q2 25 | $31.4B | $38.5B | ||
| Q1 25 | $30.9B | $37.5B | ||
| Q4 24 | $30.5B | $37.1B | ||
| Q3 24 | $30.3B | $37.1B | ||
| Q2 24 | $25.2B | $37.0B | ||
| Q1 24 | $25.0B | $35.2B |
负债/权益比DVNRCL
| Q4 25 | 0.54× | 1.81× | ||
| Q3 25 | 0.55× | 1.70× | ||
| Q2 25 | 0.59× | 1.92× | ||
| Q1 25 | 0.61× | 2.26× | ||
| Q4 24 | 0.61× | 2.44× | ||
| Q3 24 | 0.62× | 2.69× | ||
| Q2 24 | 0.49× | 3.29× | ||
| Q1 24 | 0.51× | 3.66× |
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 | $1.5B | $1.6B |
| 自由现金流经营现金流 - 资本支出 | $702.0M | $116.0M |
| 自由现金流率自由现金流/营收 | 17.8% | 2.7% |
| 资本支出强度资本支出/营收 | 21.1% | 35.4% |
| 现金转化率经营现金流/净利润 | 2.73× | 2.16× |
| 过去12个月自由现金流最近4个季度 | $3.1B | $1.2B |
8季度趋势，按日历期对齐
经营现金流DVNRCL
| Q4 25 | $1.5B | $1.6B | ||
| Q3 25 | $1.7B | $1.5B | ||
| Q2 25 | $1.5B | $1.7B | ||
| Q1 25 | $1.9B | $1.6B | ||
| Q4 24 | $1.7B | $1.5B | ||
| Q3 24 | $1.7B | $897.0M | ||
| Q2 24 | $1.5B | $1.6B | ||
| Q1 24 | $1.7B | $1.3B |
自由现金流DVNRCL
| Q4 25 | $702.0M | $116.0M | ||
| Q3 25 | $820.0M | $-989.0M | ||
| Q2 25 | $589.0M | $910.0M | ||
| Q1 25 | $1.0B | $1.2B | ||
| Q4 24 | $738.0M | $915.0M | ||
| Q3 24 | $786.0M | $563.0M | ||
| Q2 24 | $587.0M | $-567.0M | ||
| Q1 24 | $844.0M | $1.1B |
自由现金流率DVNRCL
| Q4 25 | 17.8% | 2.7% | ||
| Q3 25 | 19.3% | -19.2% | ||
| Q2 25 | 14.6% | 20.1% | ||
| Q1 25 | 22.2% | 30.0% | ||
| Q4 24 | 16.4% | 24.3% | ||
| Q3 24 | 20.7% | 11.5% | ||
| Q2 24 | 15.1% | -13.8% | ||
| Q1 24 | 22.6% | 29.1% |
资本支出强度DVNRCL
| Q4 25 | 21.1% | 35.4% | ||
| Q3 25 | 20.5% | 47.8% | ||
| Q2 25 | 23.6% | 18.4% | ||
| Q1 25 | 20.5% | 10.7% | ||
| Q4 24 | 20.6% | 14.7% | ||
| Q3 24 | 23.1% | 6.8% | ||
| Q2 24 | 24.3% | 52.1% | ||
| Q1 24 | 23.9% | 6.5% |
现金转化率DVNRCL
| Q4 25 | 2.73× | 2.16× | ||
| Q3 25 | 2.46× | 0.93× | ||
| Q2 25 | 1.72× | 1.44× | ||
| Q1 25 | 3.93× | 2.23× | ||
| Q4 24 | 2.60× | 2.66× | ||
| Q3 24 | 2.05× | 0.81× | ||
| Q2 24 | 1.82× | 1.84× | ||
| Q1 24 | 2.92× | 3.69× |
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
DVN
| Oil Gas And NGL Sales | $2.6B | 65% |
| Marketing And Midstream Revenues | $1.4B | 35% |
RCL
| Passenger | $2.9B | 69% |
| Other | $1.3B | 31% |
