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EOG Resources（EOG）与Smurfit Westrock（SW）财务数据对比。点击上方公司名可切换其他公司
Smurfit Westrock的季度营收约是EOG Resources的1.3倍（$7.6B vs $5.6B），EOG Resources净利率更高（12.4% vs 1.3%，领先11.2%），EOG Resources同比增速更快（0.9% vs 0.5%），过去两年Smurfit Westrock的营收复合增速更高（60.8% vs -4.0%）
EOG Resources是一家美国能源企业，主营油气勘探开发业务。公司于特拉华州注册，总部设立在得克萨斯州休斯敦的Heritage Plaza大厦，在油气勘探领域拥有成熟的技术储备与运营经验。
Smurfit Westrock plc是总部位于爱尔兰都柏林的企业，核心业务为生产瓦楞包装及各类纸制包装产品，公司股票同时在纽约证券交易所和伦敦证券交易所挂牌上市。
EOG vs SW — 直观对比
营收规模更大
SW
是对方的1.3倍
$5.6B
营收增速更快
EOG
高出0.4%
0.5%
净利率更高
EOG
高出11.2%
1.3%
两年增速更快
SW
近两年复合增速
-4.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $5.6B | $7.6B |
| 净利润 | $701.0M | $97.0M |
| 毛利率 | — | 18.2% |
| 营业利润率 | 16.7% | 5.1% |
| 净利率 | 12.4% | 1.3% |
| 营收同比 | 0.9% | 0.5% |
| 净利润同比 | -44.0% | -33.6% |
| 每股收益（稀释后） | $1.31 | $0.18 |
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EOGSW
| Q4 25 | $5.6B | $7.6B | ||
| Q3 25 | $5.8B | $8.0B | ||
| Q2 25 | $5.5B | $7.9B | ||
| Q1 25 | $5.7B | $7.7B | ||
| Q4 24 | $5.6B | $7.5B | ||
| Q3 24 | $6.0B | $7.7B | ||
| Q2 24 | $6.0B | $3.0B | ||
| Q1 24 | $6.1B | $2.9B |
净利润EOGSW
| Q4 25 | $701.0M | $97.0M | ||
| Q3 25 | $1.5B | $246.0M | ||
| Q2 25 | $1.3B | $-28.0M | ||
| Q1 25 | $1.5B | $384.0M | ||
| Q4 24 | $1.3B | $146.0M | ||
| Q3 24 | $1.7B | $-150.0M | ||
| Q2 24 | $1.7B | $132.0M | ||
| Q1 24 | $1.8B | $191.0M |
毛利率EOGSW
| Q4 25 | — | 18.2% | ||
| Q3 25 | — | 19.6% | ||
| Q2 25 | — | 19.1% | ||
| Q1 25 | — | 20.6% | ||
| Q4 24 | — | 19.1% | ||
| Q3 24 | — | 17.6% | ||
| Q2 24 | — | 23.3% | ||
| Q1 24 | — | 24.2% |
营业利润率EOGSW
| Q4 25 | 16.7% | 5.1% | ||
| Q3 25 | 31.4% | 6.6% | ||
| Q2 25 | 31.9% | 3.2% | ||
| Q1 25 | 32.8% | 7.2% | ||
| Q4 24 | 28.5% | 5.3% | ||
| Q3 24 | 35.0% | 0.7% | ||
| Q2 24 | 35.4% | 8.2% | ||
| Q1 24 | 37.1% | 10.5% |
净利率EOGSW
| Q4 25 | 12.4% | 1.3% | ||
| Q3 25 | 25.2% | 3.1% | ||
| Q2 25 | 24.6% | -0.4% | ||
| Q1 25 | 25.8% | 5.0% | ||
| Q4 24 | 22.4% | 1.9% | ||
| Q3 24 | 28.0% | -2.0% | ||
| Q2 24 | 28.0% | 4.4% | ||
| Q1 24 | 29.2% | 6.5% |
每股收益（稀释后）EOGSW
| Q4 25 | $1.31 | $0.18 | ||
| Q3 25 | $2.70 | $0.47 | ||
| Q2 25 | $2.46 | $-0.05 | ||
| Q1 25 | $2.65 | $0.73 | ||
| Q4 24 | $2.25 | $-0.12 | ||
| Q3 24 | $2.95 | $-0.30 | ||
| Q2 24 | $2.95 | $0.51 | ||
| Q1 24 | $3.10 | $0.73 |
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 | $3.4B | $892.0M |
| 总债务越低越好 | — | $13.4B |
| 股东权益账面价值 | $29.8B | $18.3B |
| 总资产 | $51.8B | $45.2B |
| 负债/权益比越低杠杆越低 | — | 0.73× |
8季度趋势，按日历期对齐
现金及短期投资EOGSW
| Q4 25 | $3.4B | $892.0M | ||
| Q3 25 | $3.5B | $851.0M | ||
| Q2 25 | $5.2B | $778.0M | ||
| Q1 25 | $6.6B | $797.0M | ||
| Q4 24 | $7.1B | $855.0M | ||
| Q3 24 | $6.1B | — | ||
| Q2 24 | $5.4B | $26.8K | ||
| Q1 24 | $5.3B | $108 |
总债务EOGSW
| Q4 25 | — | $13.4B | ||
| Q3 25 | — | $13.3B | ||
| Q2 25 | — | $13.3B | ||
| Q1 25 | — | $12.9B | ||
| Q4 24 | — | $12.5B | ||
| Q3 24 | — | $13.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益EOGSW
| Q4 25 | $29.8B | $18.3B | ||
| Q3 25 | $30.3B | $18.4B | ||
| Q2 25 | $29.2B | $18.3B | ||
| Q1 25 | $29.5B | $17.9B | ||
| Q4 24 | $29.4B | $17.4B | ||
| Q3 24 | $29.6B | $18.0B | ||
| Q2 24 | $29.2B | $14.5K | ||
| Q1 24 | $28.6B | $108 |
总资产EOGSW
| Q4 25 | $51.8B | $45.2B | ||
| Q3 25 | $52.2B | $45.6B | ||
| Q2 25 | $46.3B | $45.7B | ||
| Q1 25 | $47.0B | $44.6B | ||
| Q4 24 | $47.2B | $43.8B | ||
| Q3 24 | $46.2B | $45.0B | ||
| Q2 24 | $45.2B | $26.8K | ||
| Q1 24 | $44.8B | $108 |
负债/权益比EOGSW
| Q4 25 | — | 0.73× | ||
| Q3 25 | — | 0.72× | ||
| Q2 25 | — | 0.73× | ||
| Q1 25 | — | 0.72× | ||
| Q4 24 | — | 0.72× | ||
| Q3 24 | — | 0.73× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $2.6B | $1.2B |
| 自由现金流经营现金流 - 资本支出 | — | $612.0M |
| 自由现金流率自由现金流/营收 | — | 8.1% |
| 资本支出强度资本支出/营收 | — | 7.7% |
| 现金转化率经营现金流/净利润 | 3.73× | 12.32× |
| 过去12个月自由现金流最近4个季度 | — | $1.2B |
8季度趋势，按日历期对齐
经营现金流EOGSW
| Q4 25 | $2.6B | $1.2B | ||
| Q3 25 | $3.1B | $1.1B | ||
| Q2 25 | $2.0B | $829.0M | ||
| Q1 25 | $2.3B | $235.0M | ||
| Q4 24 | $2.8B | $781.0M | ||
| Q3 24 | $3.6B | $320.0M | ||
| Q2 24 | $2.9B | $340.0M | ||
| Q1 24 | $2.9B | $42.0M |
自由现金流EOGSW
| Q4 25 | — | $612.0M | ||
| Q3 25 | — | $523.0M | ||
| Q2 25 | — | $307.0M | ||
| Q1 25 | — | $-242.0M | ||
| Q4 24 | — | $212.0M | ||
| Q3 24 | — | $-192.0M | ||
| Q2 24 | — | $163.0M | ||
| Q1 24 | — | $-166.0M |
自由现金流率EOGSW
| Q4 25 | — | 8.1% | ||
| Q3 25 | — | 6.5% | ||
| Q2 25 | — | 3.9% | ||
| Q1 25 | — | -3.2% | ||
| Q4 24 | — | 2.8% | ||
| Q3 24 | — | -2.5% | ||
| Q2 24 | — | 5.5% | ||
| Q1 24 | — | -5.7% |
资本支出强度EOGSW
| Q4 25 | — | 7.7% | ||
| Q3 25 | — | 7.6% | ||
| Q2 25 | — | 6.6% | ||
| Q1 25 | — | 6.2% | ||
| Q4 24 | — | 7.5% | ||
| Q3 24 | — | 6.7% | ||
| Q2 24 | — | 6.0% | ||
| Q1 24 | — | 7.1% |
现金转化率EOGSW
| Q4 25 | 3.73× | 12.32× | ||
| Q3 25 | 2.11× | 4.61× | ||
| Q2 25 | 1.51× | — | ||
| Q1 25 | 1.56× | 0.61× | ||
| Q4 24 | 2.21× | 5.35× | ||
| Q3 24 | 2.14× | — | ||
| Q2 24 | 1.71× | 2.58× | ||
| Q1 24 | 1.62× | 0.22× |
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
EOG
| Oil And Condensate | $3.0B | 53% |
| Natural Gas Gathering Transportation Marketing And Processing | $1.1B | 20% |
| Natural Gas Production | $847.0M | 15% |
| Natural Gas Liquids Reserves | $666.0M | 12% |
| Other Net | $20.0M | 0% |
SW
| Packaging | $3.3B | 43% |
| Other | $3.2B | 43% |
| Paper | $1.1B | 14% |
