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EPAM Systems（EPAM）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
EPAM Systems的季度营收约是越洋钻探的1.3倍（$1.4B vs $1.0B），EPAM Systems净利率更高（7.8% vs 2.4%，领先5.4%），EPAM Systems同比增速更快（12.8% vs 9.6%），越洋钻探自由现金流更多（$321.0M vs $268.1M），过去两年越洋钻探的营收复合增速更高（16.9% vs 9.9%）
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。
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。
EPAM vs RIG — 直观对比
营收规模更大
EPAM
是对方的1.3倍
$1.0B
营收增速更快
EPAM
高出3.2%
9.6%
净利率更高
EPAM
高出5.4%
2.4%
自由现金流更多
RIG
多$52.9M
$268.1M
两年增速更快
RIG
近两年复合增速
9.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.0B |
| 净利润 | $109.4M | $25.0M |
| 毛利率 | 30.1% | 42.0% |
| 营业利润率 | 10.6% | 23.0% |
| 净利率 | 7.8% | 2.4% |
| 营收同比 | 12.8% | 9.6% |
| 净利润同比 | 5.9% | 257.1% |
| 每股收益（稀释后） | $1.97 | $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EPAMRIG
| Q4 25 | $1.4B | $1.0B | ||
| Q3 25 | $1.4B | $1.0B | ||
| Q2 25 | $1.4B | $988.0M | ||
| Q1 25 | $1.3B | $906.0M | ||
| Q4 24 | $1.2B | $952.0M | ||
| Q3 24 | $1.2B | $948.0M | ||
| Q2 24 | $1.1B | $861.0M | ||
| Q1 24 | $1.2B | $763.0M |
净利润EPAMRIG
| Q4 25 | $109.4M | $25.0M | ||
| Q3 25 | $106.8M | $-1.9B | ||
| Q2 25 | $88.0M | $-938.0M | ||
| Q1 25 | $73.5M | $-79.0M | ||
| Q4 24 | $103.3M | $7.0M | ||
| Q3 24 | $136.3M | $-494.0M | ||
| Q2 24 | $98.6M | $-123.0M | ||
| Q1 24 | $116.2M | $98.0M |
毛利率EPAMRIG
| Q4 25 | 30.1% | 42.0% | ||
| Q3 25 | 29.5% | 43.2% | ||
| Q2 25 | 28.8% | 39.4% | ||
| Q1 25 | 26.9% | 31.8% | ||
| Q4 24 | 30.4% | 39.2% | ||
| Q3 24 | 34.6% | 40.6% | ||
| Q2 24 | 29.3% | 38.0% | ||
| Q1 24 | 28.4% | 31.5% |
营业利润率EPAMRIG
| Q4 25 | 10.6% | 23.0% | ||
| Q3 25 | 10.4% | -163.1% | ||
| Q2 25 | 9.3% | -97.6% | ||
| Q1 25 | 7.6% | 7.1% | ||
| Q4 24 | 10.9% | 13.7% | ||
| Q3 24 | 15.2% | -51.2% | ||
| Q2 24 | 10.5% | -6.9% | ||
| Q1 24 | 9.5% | -0.4% |
净利率EPAMRIG
| Q4 25 | 7.8% | 2.4% | ||
| Q3 25 | 7.7% | -187.1% | ||
| Q2 25 | 6.5% | -94.9% | ||
| Q1 25 | 5.6% | -8.7% | ||
| Q4 24 | 8.3% | 0.7% | ||
| Q3 24 | 11.7% | -52.1% | ||
| Q2 24 | 8.6% | -14.3% | ||
| Q1 24 | 10.0% | 12.8% |
每股收益（稀释后）EPAMRIG
| Q4 25 | $1.97 | $0.13 | ||
| Q3 25 | $1.91 | $-2.00 | ||
| Q2 25 | $1.56 | $-1.06 | ||
| Q1 25 | $1.28 | $-0.11 | ||
| Q4 24 | $1.80 | $-0.14 | ||
| Q3 24 | $2.37 | $-0.58 | ||
| Q2 24 | $1.70 | $-0.15 | ||
| Q1 24 | $1.97 | $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 | $1.3B | $620.0M |
| 总债务越低越好 | — | $5.2B |
| 股东权益账面价值 | $3.7B | $8.1B |
| 总资产 | $4.9B | $15.6B |
| 负债/权益比越低杠杆越低 | — | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资EPAMRIG
| Q4 25 | $1.3B | $620.0M | ||
| Q3 25 | $1.2B | $833.0M | ||
| Q2 25 | $1.0B | $377.0M | ||
| Q1 25 | $1.2B | $263.0M | ||
| Q4 24 | $1.3B | $560.0M | ||
| Q3 24 | $2.1B | $435.0M | ||
| Q2 24 | $1.8B | $475.0M | ||
| Q1 24 | $2.0B | $446.0M |
总债务EPAMRIG
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $5.9B | ||
| Q1 25 | — | $5.9B | ||
| Q4 24 | — | $6.2B | ||
| Q3 24 | — | $6.5B | ||
| Q2 24 | — | $6.8B | ||
| Q1 24 | — | $6.8B |
股东权益EPAMRIG
| Q4 25 | $3.7B | $8.1B | ||
| Q3 25 | $3.7B | $8.1B | ||
| Q2 25 | $3.7B | $9.4B | ||
| Q1 25 | $3.6B | $10.2B | ||
| Q4 24 | $3.6B | $10.3B | ||
| Q3 24 | $3.6B | $10.2B | ||
| Q2 24 | $3.4B | $10.7B | ||
| Q1 24 | $3.5B | $10.5B |
总资产EPAMRIG
| Q4 25 | $4.9B | $15.6B | ||
| Q3 25 | $4.8B | $16.2B | ||
| Q2 25 | $4.7B | $17.8B | ||
| Q1 25 | $4.7B | $19.0B | ||
| Q4 24 | $4.8B | $19.4B | ||
| Q3 24 | $4.5B | $19.5B | ||
| Q2 24 | $4.2B | $20.3B | ||
| Q1 24 | $4.4B | $19.9B |
负债/权益比EPAMRIG
| Q4 25 | — | 0.64× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | — | 0.63× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | — | 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 | $282.9M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $268.1M | $321.0M |
| 自由现金流率自由现金流/营收 | 19.0% | 30.8% |
| 资本支出强度资本支出/营收 | 1.1% | 2.7% |
| 现金转化率经营现金流/净利润 | 2.59× | 13.96× |
| 过去12个月自由现金流最近4个季度 | $612.7M | $626.0M |
8季度趋势，按日历期对齐
经营现金流EPAMRIG
| Q4 25 | $282.9M | $349.0M | ||
| Q3 25 | $294.7M | $246.0M | ||
| Q2 25 | $53.2M | $128.0M | ||
| Q1 25 | $24.2M | $26.0M | ||
| Q4 24 | $130.3M | $206.0M | ||
| Q3 24 | $242.0M | $194.0M | ||
| Q2 24 | $57.0M | $133.0M | ||
| Q1 24 | $129.9M | $-86.0M |
自由现金流EPAMRIG
| Q4 25 | $268.1M | $321.0M | ||
| Q3 25 | $286.4M | $235.0M | ||
| Q2 25 | $43.4M | $104.0M | ||
| Q1 25 | $14.8M | $-34.0M | ||
| Q4 24 | $114.5M | $177.0M | ||
| Q3 24 | $237.0M | $136.0M | ||
| Q2 24 | $52.3M | $49.0M | ||
| Q1 24 | $123.2M | $-169.0M |
自由现金流率EPAMRIG
| Q4 25 | 19.0% | 30.8% | ||
| Q3 25 | 20.5% | 22.9% | ||
| Q2 25 | 3.2% | 10.5% | ||
| Q1 25 | 1.1% | -3.8% | ||
| Q4 24 | 9.2% | 18.6% | ||
| Q3 24 | 20.3% | 14.3% | ||
| Q2 24 | 4.6% | 5.7% | ||
| Q1 24 | 10.6% | -22.1% |
资本支出强度EPAMRIG
| Q4 25 | 1.1% | 2.7% | ||
| Q3 25 | 0.6% | 1.1% | ||
| Q2 25 | 0.7% | 2.4% | ||
| Q1 25 | 0.7% | 6.6% | ||
| Q4 24 | 1.3% | 3.0% | ||
| Q3 24 | 0.4% | 6.1% | ||
| Q2 24 | 0.4% | 9.8% | ||
| Q1 24 | 0.6% | 10.9% |
现金转化率EPAMRIG
| Q4 25 | 2.59× | 13.96× | ||
| Q3 25 | 2.76× | — | ||
| Q2 25 | 0.60× | — | ||
| Q1 25 | 0.33× | — | ||
| Q4 24 | 1.26× | 29.43× | ||
| Q3 24 | 1.77× | — | ||
| Q2 24 | 0.58× | — | ||
| Q1 24 | 1.12× | -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
EPAM
暂无分部数据
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
