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伊萨（ESAB）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
先锋自然资源公司的季度营收约是伊萨的1.6倍（$1.2B vs $745.6M），先锋自然资源公司净利率更高（29.0% vs 6.6%，领先22.4%），伊萨同比增速更快（9.9% vs -9.8%），过去两年伊萨的营收复合增速更高（4.0% vs -3.0%）
ESAB（全称Elektriska Svetsnings-Aktiebolaget）是一家美国与瑞典合资的跨国工业企业，主营焊接、切割设备及配套耗材的研发、生产与销售，为全球制造业、基建等多领域客户提供专业可靠的工业解决方案，在全球工业市场拥有较高知名度。
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。
ESAB vs PR — 直观对比
营收规模更大
PR
是对方的1.6倍
$745.6M
营收增速更快
ESAB
高出19.7%
-9.8%
净利率更高
PR
高出22.4%
6.6%
两年增速更快
ESAB
近两年复合增速
-3.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $745.6M | $1.2B |
| 净利润 | $49.2M | $339.5M |
| 毛利率 | 36.9% | — |
| 营业利润率 | 12.1% | 23.1% |
| 净利率 | 6.6% | 29.0% |
| 营收同比 | 9.9% | -9.8% |
| 净利润同比 | -29.3% | 56.7% |
| 每股收益（稀释后） | $0.78 | $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ESABPR
| Q1 26 | $745.6M | — | ||
| Q4 25 | $727.8M | $1.2B | ||
| Q3 25 | $715.6M | $1.3B | ||
| Q2 25 | $678.1M | $1.2B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | $670.8M | $1.3B | ||
| Q3 24 | $673.3M | $1.2B | ||
| Q2 24 | $707.1M | $1.2B |
净利润ESABPR
| Q1 26 | $49.2M | — | ||
| Q4 25 | $54.8M | $339.5M | ||
| Q3 25 | $66.9M | $59.2M | ||
| Q2 25 | $67.4M | $207.1M | ||
| Q1 25 | — | $329.3M | ||
| Q4 24 | $53.7M | $216.7M | ||
| Q3 24 | $68.2M | $386.4M | ||
| Q2 24 | $82.9M | $235.1M |
毛利率ESABPR
| Q1 26 | 36.9% | — | ||
| Q4 25 | 37.0% | — | ||
| Q3 25 | 37.2% | — | ||
| Q2 25 | 37.6% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 38.5% | — | ||
| Q3 24 | 37.7% | — | ||
| Q2 24 | 38.2% | — |
营业利润率ESABPR
| Q1 26 | 12.1% | — | ||
| Q4 25 | 14.6% | 23.1% | ||
| Q3 25 | 15.2% | 29.6% | ||
| Q2 25 | 16.2% | 24.8% | ||
| Q1 25 | — | 36.6% | ||
| Q4 24 | 16.6% | 32.8% | ||
| Q3 24 | 15.7% | 32.5% | ||
| Q2 24 | 16.9% | 36.5% |
净利率ESABPR
| Q1 26 | 6.6% | — | ||
| Q4 25 | 7.5% | 29.0% | ||
| Q3 25 | 9.3% | 4.5% | ||
| Q2 25 | 9.9% | 17.3% | ||
| Q1 25 | — | 23.9% | ||
| Q4 24 | 8.0% | 16.7% | ||
| Q3 24 | 10.1% | 31.8% | ||
| Q2 24 | 11.7% | 18.9% |
每股收益（稀释后）ESABPR
| Q1 26 | $0.78 | — | ||
| Q4 25 | $0.90 | $0.48 | ||
| Q3 25 | $1.09 | $0.08 | ||
| Q2 25 | $1.10 | $0.28 | ||
| Q1 25 | — | $0.44 | ||
| Q4 24 | $0.87 | $0.31 | ||
| Q3 24 | $1.11 | $0.53 | ||
| Q2 24 | $1.35 | $0.36 |
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 | $1.0B | $153.7M |
| 总债务越低越好 | $2.0B | $3.5B |
| 股东权益账面价值 | $2.2B | $10.3B |
| 总资产 | $5.6B | $17.9B |
| 负债/权益比越低杠杆越低 | 0.91× | 0.34× |
8季度趋势，按日历期对齐
现金及短期投资ESABPR
| Q1 26 | $1.0B | — | ||
| Q4 25 | $218.2M | $153.7M | ||
| Q3 25 | $258.2M | $111.8M | ||
| Q2 25 | $291.3M | $451.0M | ||
| Q1 25 | — | $702.2M | ||
| Q4 24 | $249.4M | $479.3M | ||
| Q3 24 | $253.7M | $272.0M | ||
| Q2 24 | $228.5M | $47.8M |
总债务ESABPR
| Q1 26 | $2.0B | — | ||
| Q4 25 | $1.3B | $3.5B | ||
| Q3 25 | $1.1B | $3.5B | ||
| Q2 25 | $1.1B | $4.0B | ||
| Q1 25 | — | $4.0B | ||
| Q4 24 | $1.1B | $4.2B | ||
| Q3 24 | $1.1B | $4.2B | ||
| Q2 24 | $1.1B | $3.9B |
股东权益ESABPR
| Q1 26 | $2.2B | — | ||
| Q4 25 | $2.1B | $10.3B | ||
| Q3 25 | $2.1B | $10.0B | ||
| Q2 25 | $1.9B | $9.5B | ||
| Q1 25 | — | $9.4B | ||
| Q4 24 | $1.8B | $9.1B | ||
| Q3 24 | $1.8B | $9.0B | ||
| Q2 24 | $1.7B | $8.3B |
总资产ESABPR
| Q1 26 | $5.6B | — | ||
| Q4 25 | $4.9B | $17.9B | ||
| Q3 25 | $4.4B | $17.3B | ||
| Q2 25 | $4.2B | $17.5B | ||
| Q1 25 | — | $17.1B | ||
| Q4 24 | $4.0B | $16.9B | ||
| Q3 24 | $4.1B | $16.6B | ||
| Q2 24 | $4.0B | $15.4B |
负债/权益比ESABPR
| Q1 26 | 0.91× | — | ||
| Q4 25 | 0.63× | 0.34× | ||
| Q3 25 | 0.51× | 0.35× | ||
| Q2 25 | 0.55× | 0.42× | ||
| Q1 25 | — | 0.43× | ||
| Q4 24 | 0.60× | 0.46× | ||
| Q3 24 | 0.59× | 0.47× | ||
| Q2 24 | 0.63× | 0.46× |
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 | $46.9M | $904.3M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 0.95× | 2.66× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流ESABPR
| Q1 26 | $46.9M | — | ||
| Q4 25 | $81.5M | $904.3M | ||
| Q3 25 | $46.6M | $766.5M | ||
| Q2 25 | $35.4M | $1.0B | ||
| Q1 25 | — | $898.0M | ||
| Q4 24 | $126.9M | $871.6M | ||
| Q3 24 | $101.0M | $954.4M | ||
| Q2 24 | $83.0M | $938.4M |
自由现金流ESABPR
| Q1 26 | — | — | ||
| Q4 25 | $70.3M | — | ||
| Q3 25 | $37.4M | — | ||
| Q2 25 | $28.1M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $102.2M | — | ||
| Q3 24 | $90.4M | — | ||
| Q2 24 | $74.0M | — |
自由现金流率ESABPR
| Q1 26 | — | — | ||
| Q4 25 | 9.7% | — | ||
| Q3 25 | 5.2% | — | ||
| Q2 25 | 4.1% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 15.2% | — | ||
| Q3 24 | 13.4% | — | ||
| Q2 24 | 10.5% | — |
资本支出强度ESABPR
| Q1 26 | — | — | ||
| Q4 25 | 1.5% | — | ||
| Q3 25 | 1.3% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.7% | — | ||
| Q3 24 | 1.6% | — | ||
| Q2 24 | 1.3% | — |
现金转化率ESABPR
| Q1 26 | 0.95× | — | ||
| Q4 25 | 1.49× | 2.66× | ||
| Q3 25 | 0.70× | 12.94× | ||
| Q2 25 | 0.53× | 5.01× | ||
| Q1 25 | — | 2.73× | ||
| Q4 24 | 2.36× | 4.02× | ||
| Q3 24 | 1.48× | 2.47× | ||
| Q2 24 | 1.00× | 3.99× |
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
ESAB
暂无分部数据
PR
| Crude Oil | $1.0B | 87% |
| Natural Gas Liquids Reserves | $145.1M | 12% |
