vs
Expand Energy（EXE）与拉夫劳伦（RL）财务数据对比。点击上方公司名可切换其他公司
Expand Energy的季度营收约是拉夫劳伦的1.4倍（$3.3B vs $2.4B），Expand Energy净利率更高（16.9% vs 15.0%，领先1.9%），Expand Energy同比增速更快（63.5% vs 12.2%），拉夫劳伦自由现金流更多（$704.0M vs $215.0M），过去两年Expand Energy的营收复合增速更高（29.6% vs 23.9%）
Expand Energy是按净日产量统计的美国最大独立天然气生产商，总部位于俄克拉荷马城，运营范围覆盖宾夕法尼亚州、西弗吉尼亚州境内马塞勒斯地层的阿巴拉契亚盆地，以及路易斯安那州西北部的海恩斯维尔页岩区块。
拉夫劳伦是源自美国的跨国时尚巨头，旗下同名高端时尚品牌风靡全球，企业规模达数十亿美元。品牌创始人拉夫劳伦于2015年9月卸任首席执行官，仍留任执行董事长兼首席创意官，主导品牌创意与整体发展方向。
EXE vs RL — 直观对比
营收规模更大
EXE
是对方的1.4倍
$2.4B
营收增速更快
EXE
高出51.3%
12.2%
净利率更高
EXE
高出1.9%
15.0%
自由现金流更多
RL
多$489.0M
$215.0M
两年增速更快
EXE
近两年复合增速
23.9%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $2.4B |
| 净利润 | $553.0M | $361.6M |
| 毛利率 | — | 69.9% |
| 营业利润率 | 22.8% | 19.6% |
| 净利率 | 16.9% | 15.0% |
| 营收同比 | 63.5% | 12.2% |
| 净利润同比 | 238.6% | 21.6% |
| 每股收益（稀释后） | $2.33 | $5.82 |
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EXERL
| Q4 25 | $3.3B | $2.4B | ||
| Q3 25 | $3.0B | $2.0B | ||
| Q2 25 | $3.7B | $1.7B | ||
| Q1 25 | $2.2B | $1.7B | ||
| Q4 24 | $2.0B | $2.1B | ||
| Q3 24 | $648.0M | $1.7B | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | $1.1B | $1.6B |
净利润EXERL
| Q4 25 | $553.0M | $361.6M | ||
| Q3 25 | $547.0M | $207.5M | ||
| Q2 25 | $968.0M | $220.4M | ||
| Q1 25 | $-249.0M | $129.0M | ||
| Q4 24 | $-399.0M | $297.4M | ||
| Q3 24 | $-114.0M | $147.9M | ||
| Q2 24 | — | $168.6M | ||
| Q1 24 | $26.0M | $90.7M |
毛利率EXERL
| Q4 25 | — | 69.9% | ||
| Q3 25 | — | 68.0% | ||
| Q2 25 | — | 72.3% | ||
| Q1 25 | — | 68.7% | ||
| Q4 24 | — | 68.4% | ||
| Q3 24 | — | 67.0% | ||
| Q2 24 | — | 70.5% | ||
| Q1 24 | — | 66.6% |
营业利润率EXERL
| Q4 25 | 22.8% | 19.6% | ||
| Q3 25 | 24.4% | 12.2% | ||
| Q2 25 | 34.4% | 15.9% | ||
| Q1 25 | -12.2% | 9.1% | ||
| Q4 24 | -19.3% | 18.2% | ||
| Q3 24 | -23.9% | 10.4% | ||
| Q2 24 | — | 13.8% | ||
| Q1 24 | 3.0% | 6.9% |
净利率EXERL
| Q4 25 | 16.9% | 15.0% | ||
| Q3 25 | 18.4% | 10.3% | ||
| Q2 25 | 26.2% | 12.8% | ||
| Q1 25 | -11.3% | 7.6% | ||
| Q4 24 | -19.9% | 13.9% | ||
| Q3 24 | -17.6% | 8.6% | ||
| Q2 24 | — | 11.1% | ||
| Q1 24 | 2.4% | 5.8% |
每股收益（稀释后）EXERL
| Q4 25 | $2.33 | $5.82 | ||
| Q3 25 | $2.28 | $3.32 | ||
| Q2 25 | $4.02 | $3.52 | ||
| Q1 25 | $-1.06 | $2.03 | ||
| Q4 24 | $-2.15 | $4.66 | ||
| Q3 24 | $-0.85 | $2.31 | ||
| Q2 24 | — | $2.61 | ||
| Q1 24 | $0.18 | $1.37 |
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 | $616.0M | $2.3B |
| 总债务越低越好 | $5.0B | — |
| 股东权益账面价值 | $18.6B | $2.9B |
| 总资产 | $28.3B | $7.8B |
| 负债/权益比越低杠杆越低 | 0.27× | — |
8季度趋势，按日历期对齐
现金及短期投资EXERL
| Q4 25 | $616.0M | $2.3B | ||
| Q3 25 | $613.0M | $1.6B | ||
| Q2 25 | $731.0M | $2.3B | ||
| Q1 25 | $349.0M | $2.1B | ||
| Q4 24 | $317.0M | $2.1B | ||
| Q3 24 | $1.0B | $1.7B | ||
| Q2 24 | — | $1.8B | ||
| Q1 24 | $1.2B | $1.8B |
总债务EXERL
| Q4 25 | $5.0B | — | ||
| Q3 25 | $5.0B | — | ||
| Q2 25 | $5.1B | — | ||
| Q1 25 | $5.2B | — | ||
| Q4 24 | $5.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益EXERL
| Q4 25 | $18.6B | $2.9B | ||
| Q3 25 | $18.1B | $2.6B | ||
| Q2 25 | $17.9B | $2.5B | ||
| Q1 25 | $17.2B | $2.6B | ||
| Q4 24 | $17.6B | $2.5B | ||
| Q3 24 | $10.2B | $2.4B | ||
| Q2 24 | — | $2.4B | ||
| Q1 24 | $10.7B | $2.5B |
总资产EXERL
| Q4 25 | $28.3B | $7.8B | ||
| Q3 25 | $27.6B | $7.3B | ||
| Q2 25 | $27.8B | $7.8B | ||
| Q1 25 | $27.9B | $7.0B | ||
| Q4 24 | $27.9B | $7.1B | ||
| Q3 24 | $13.4B | $6.8B | ||
| Q2 24 | — | $6.6B | ||
| Q1 24 | $14.0B | $6.6B |
负债/权益比EXERL
| Q4 25 | 0.27× | — | ||
| Q3 25 | 0.28× | — | ||
| Q2 25 | 0.29× | — | ||
| Q1 25 | 0.30× | — | ||
| Q4 24 | 0.32× | — | ||
| Q3 24 | — | — | ||
| 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 | $956.0M | $779.6M |
| 自由现金流经营现金流 - 资本支出 | $215.0M | $704.0M |
| 自由现金流率自由现金流/营收 | 6.6% | 29.3% |
| 资本支出强度资本支出/营收 | 22.6% | 3.1% |
| 现金转化率经营现金流/净利润 | 1.73× | 2.16× |
| 过去12个月自由现金流最近4个季度 | $1.8B | $694.5M |
8季度趋势，按日历期对齐
经营现金流EXERL
| Q4 25 | $956.0M | $779.6M | ||
| Q3 25 | $1.2B | $53.2M | ||
| Q2 25 | $1.3B | $176.1M | ||
| Q1 25 | $1.1B | $122.2M | ||
| Q4 24 | $382.0M | $738.4M | ||
| Q3 24 | $422.0M | $97.2M | ||
| Q2 24 | — | $277.3M | ||
| Q1 24 | $552.0M | — |
自由现金流EXERL
| Q4 25 | $215.0M | $704.0M | ||
| Q3 25 | $426.0M | $-40.6M | ||
| Q2 25 | $665.0M | $-11.2M | ||
| Q1 25 | $533.0M | $42.3M | ||
| Q4 24 | $-154.0M | $677.2M | ||
| Q3 24 | $124.0M | $55.5M | ||
| Q2 24 | — | $243.9M | ||
| Q1 24 | $131.0M | — |
自由现金流率EXERL
| Q4 25 | 6.6% | 29.3% | ||
| Q3 25 | 14.4% | -2.0% | ||
| Q2 25 | 18.0% | -0.7% | ||
| Q1 25 | 24.3% | 2.5% | ||
| Q4 24 | -7.7% | 31.6% | ||
| Q3 24 | 19.1% | 3.2% | ||
| Q2 24 | — | 16.1% | ||
| Q1 24 | 12.1% | — |
资本支出强度EXERL
| Q4 25 | 22.6% | 3.1% | ||
| Q3 25 | 26.1% | 4.7% | ||
| Q2 25 | 17.8% | 10.9% | ||
| Q1 25 | 25.6% | 4.7% | ||
| Q4 24 | 26.8% | 2.9% | ||
| Q3 24 | 46.0% | 2.4% | ||
| Q2 24 | — | 2.2% | ||
| Q1 24 | 38.9% | — |
现金转化率EXERL
| Q4 25 | 1.73× | 2.16× | ||
| Q3 25 | 2.20× | 0.26× | ||
| Q2 25 | 1.37× | 0.80× | ||
| Q1 25 | — | 0.95× | ||
| Q4 24 | — | 2.48× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 1.64× | ||
| Q1 24 | 21.23× | — |
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
EXE
| Oil And Gas | $2.3B | 70% |
| Natural Gas Marketing Sales | $734.0M | 22% |
| Natural Gas Liquids Sales | $174.0M | 5% |
| Natural Gas Liquids Marketing Sales | $34.0M | 1% |
| Oil Marketing Sales | $31.0M | 1% |
RL
暂无分部数据
