vs
EPAM Systems（EPAM）与先锋自然资源公司（PR）财务数据对比。点击上方公司名可切换其他公司
EPAM Systems的季度营收约是先锋自然资源公司的1.2倍（$1.4B vs $1.2B），先锋自然资源公司净利率更高（29.0% vs 7.8%，领先21.3%），EPAM Systems同比增速更快（12.8% vs -9.8%），过去两年EPAM Systems的营收复合增速更高（9.9% vs -3.0%）
EPAM Systems是总部位于美国宾夕法尼亚州纽敦的企业，核心业务涵盖软件工程服务、数字平台研发、数字产品设计三大板块，同时是MACH联盟的创始成员，在全球数字化服务赛道拥有深厚的技术积累与行业认可度。
先锋自然资源公司总部位于美国得克萨斯州欧文市，主要从事油气勘探业务，运营覆盖二叠纪盆地Spraberry产区的克莱恩页岩区块，是该区域最大的土地权益持有方，2024年5月被埃克森美孚收购。
EPAM vs PR — 直观对比
营收规模更大
EPAM
是对方的1.2倍
$1.2B
营收增速更快
EPAM
高出22.5%
-9.8%
净利率更高
PR
高出21.3%
7.8%
两年增速更快
EPAM
近两年复合增速
-3.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.2B |
| 净利润 | $109.4M | $339.5M |
| 毛利率 | 30.1% | — |
| 营业利润率 | 10.6% | 23.1% |
| 净利率 | 7.8% | 29.0% |
| 营收同比 | 12.8% | -9.8% |
| 净利润同比 | 5.9% | 56.7% |
| 每股收益（稀释后） | $1.97 | $0.48 |
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EPAMPR
| Q4 25 | $1.4B | $1.2B | ||
| Q3 25 | $1.4B | $1.3B | ||
| Q2 25 | $1.4B | $1.2B | ||
| Q1 25 | $1.3B | $1.4B | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | $1.2B | $1.2B | ||
| Q2 24 | $1.1B | $1.2B | ||
| Q1 24 | $1.2B | $1.2B |
净利润EPAMPR
| Q4 25 | $109.4M | $339.5M | ||
| Q3 25 | $106.8M | $59.2M | ||
| Q2 25 | $88.0M | $207.1M | ||
| Q1 25 | $73.5M | $329.3M | ||
| Q4 24 | $103.3M | $216.7M | ||
| Q3 24 | $136.3M | $386.4M | ||
| Q2 24 | $98.6M | $235.1M | ||
| Q1 24 | $116.2M | $146.6M |
毛利率EPAMPR
| Q4 25 | 30.1% | — | ||
| Q3 25 | 29.5% | — | ||
| Q2 25 | 28.8% | — | ||
| Q1 25 | 26.9% | — | ||
| Q4 24 | 30.4% | — | ||
| Q3 24 | 34.6% | — | ||
| Q2 24 | 29.3% | — | ||
| Q1 24 | 28.4% | — |
营业利润率EPAMPR
| Q4 25 | 10.6% | 23.1% | ||
| Q3 25 | 10.4% | 29.6% | ||
| Q2 25 | 9.3% | 24.8% | ||
| Q1 25 | 7.6% | 36.6% | ||
| Q4 24 | 10.9% | 32.8% | ||
| Q3 24 | 15.2% | 32.5% | ||
| Q2 24 | 10.5% | 36.5% | ||
| Q1 24 | 9.5% | 37.7% |
净利率EPAMPR
| Q4 25 | 7.8% | 29.0% | ||
| Q3 25 | 7.7% | 4.5% | ||
| Q2 25 | 6.5% | 17.3% | ||
| Q1 25 | 5.6% | 23.9% | ||
| Q4 24 | 8.3% | 16.7% | ||
| Q3 24 | 11.7% | 31.8% | ||
| Q2 24 | 8.6% | 18.9% | ||
| Q1 24 | 10.0% | 11.8% |
每股收益（稀释后）EPAMPR
| Q4 25 | $1.97 | $0.48 | ||
| Q3 25 | $1.91 | $0.08 | ||
| Q2 25 | $1.56 | $0.28 | ||
| Q1 25 | $1.28 | $0.44 | ||
| Q4 24 | $1.80 | $0.31 | ||
| Q3 24 | $2.37 | $0.53 | ||
| Q2 24 | $1.70 | $0.36 | ||
| Q1 24 | $1.97 | $0.25 |
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 | $1.3B | $153.7M |
| 总债务越低越好 | — | $3.5B |
| 股东权益账面价值 | $3.7B | $10.3B |
| 总资产 | $4.9B | $17.9B |
| 负债/权益比越低杠杆越低 | — | 0.34× |
8季度趋势，按日历期对齐
现金及短期投资EPAMPR
| Q4 25 | $1.3B | $153.7M | ||
| Q3 25 | $1.2B | $111.8M | ||
| Q2 25 | $1.0B | $451.0M | ||
| Q1 25 | $1.2B | $702.2M | ||
| Q4 24 | $1.3B | $479.3M | ||
| Q3 24 | $2.1B | $272.0M | ||
| Q2 24 | $1.8B | $47.8M | ||
| Q1 24 | $2.0B | $12.7M |
总债务EPAMPR
| Q4 25 | — | $3.5B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $4.0B | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | — | $4.2B | ||
| Q2 24 | — | $3.9B | ||
| Q1 24 | — | $3.9B |
股东权益EPAMPR
| Q4 25 | $3.7B | $10.3B | ||
| Q3 25 | $3.7B | $10.0B | ||
| Q2 25 | $3.7B | $9.5B | ||
| Q1 25 | $3.6B | $9.4B | ||
| Q4 24 | $3.6B | $9.1B | ||
| Q3 24 | $3.6B | $9.0B | ||
| Q2 24 | $3.4B | $8.3B | ||
| Q1 24 | $3.5B | $7.0B |
总资产EPAMPR
| Q4 25 | $4.9B | $17.9B | ||
| Q3 25 | $4.8B | $17.3B | ||
| Q2 25 | $4.7B | $17.5B | ||
| Q1 25 | $4.7B | $17.1B | ||
| Q4 24 | $4.8B | $16.9B | ||
| Q3 24 | $4.5B | $16.6B | ||
| Q2 24 | $4.2B | $15.4B | ||
| Q1 24 | $4.4B | $15.1B |
负债/权益比EPAMPR
| Q4 25 | — | 0.34× | ||
| Q3 25 | — | 0.35× | ||
| Q2 25 | — | 0.42× | ||
| Q1 25 | — | 0.43× | ||
| Q4 24 | — | 0.46× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.46× | ||
| Q1 24 | — | 0.56× |
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 | $282.9M | $904.3M |
| 自由现金流经营现金流 - 资本支出 | $268.1M | — |
| 自由现金流率自由现金流/营收 | 19.0% | — |
| 资本支出强度资本支出/营收 | 1.1% | — |
| 现金转化率经营现金流/净利润 | 2.59× | 2.66× |
| 过去12个月自由现金流最近4个季度 | $612.7M | — |
8季度趋势，按日历期对齐
经营现金流EPAMPR
| Q4 25 | $282.9M | $904.3M | ||
| Q3 25 | $294.7M | $766.5M | ||
| Q2 25 | $53.2M | $1.0B | ||
| Q1 25 | $24.2M | $898.0M | ||
| Q4 24 | $130.3M | $871.6M | ||
| Q3 24 | $242.0M | $954.4M | ||
| Q2 24 | $57.0M | $938.4M | ||
| Q1 24 | $129.9M | $647.6M |
自由现金流EPAMPR
| Q4 25 | $268.1M | — | ||
| Q3 25 | $286.4M | — | ||
| Q2 25 | $43.4M | — | ||
| Q1 25 | $14.8M | — | ||
| Q4 24 | $114.5M | — | ||
| Q3 24 | $237.0M | — | ||
| Q2 24 | $52.3M | — | ||
| Q1 24 | $123.2M | — |
自由现金流率EPAMPR
| Q4 25 | 19.0% | — | ||
| Q3 25 | 20.5% | — | ||
| Q2 25 | 3.2% | — | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | 9.2% | — | ||
| Q3 24 | 20.3% | — | ||
| Q2 24 | 4.6% | — | ||
| Q1 24 | 10.6% | — |
资本支出强度EPAMPR
| Q4 25 | 1.1% | — | ||
| Q3 25 | 0.6% | — | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | 0.7% | — | ||
| Q4 24 | 1.3% | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 0.4% | — | ||
| Q1 24 | 0.6% | — |
现金转化率EPAMPR
| Q4 25 | 2.59× | 2.66× | ||
| Q3 25 | 2.76× | 12.94× | ||
| Q2 25 | 0.60× | 5.01× | ||
| Q1 25 | 0.33× | 2.73× | ||
| Q4 24 | 1.26× | 4.02× | ||
| Q3 24 | 1.77× | 2.47× | ||
| Q2 24 | 0.58× | 3.99× | ||
| Q1 24 | 1.12× | 4.42× |
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
EPAM
暂无分部数据
PR
| Crude Oil | $1.0B | 87% |
| Natural Gas Liquids Reserves | $145.1M | 12% |
