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eXp World Holdings, Inc.（EXPI）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
eXp World Holdings, Inc.的季度营收约是越洋钻探的1.1倍（$1.2B vs $1.0B），越洋钻探净利率更高（2.4% vs -1.1%，领先3.5%），越洋钻探同比增速更快（9.6% vs 8.5%），越洋钻探自由现金流更多（$321.0M vs $11.9M），过去两年越洋钻探的营收复合增速更高（16.9% vs 12.4%）
eXp World Holdings是全球云原生房地产服务提供商，运营eXp Realty经纪网络，依托沉浸式3D虚拟园区支持代理人协作与日常运营，业务覆盖全球20余个国家的住宅及商业地产市场，同时提供按揭贷款、产权保险、从业者职业培训等配套服务。
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。
EXPI vs RIG — 直观对比
营收规模更大
EXPI
是对方的1.1倍
$1.0B
营收增速更快
RIG
高出1.0%
8.5%
净利率更高
RIG
高出3.5%
-1.1%
自由现金流更多
RIG
多$309.1M
$11.9M
两年增速更快
RIG
近两年复合增速
12.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.0B |
| 净利润 | $-12.9M | $25.0M |
| 毛利率 | — | 42.0% |
| 营业利润率 | -1.1% | 23.0% |
| 净利率 | -1.1% | 2.4% |
| 营收同比 | 8.5% | 9.6% |
| 净利润同比 | -35.7% | 257.1% |
| 每股收益（稀释后） | $-0.08 | $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EXPIRIG
| Q4 25 | $1.2B | $1.0B | ||
| Q3 25 | $1.3B | $1.0B | ||
| Q2 25 | $1.3B | $988.0M | ||
| Q1 25 | $954.9M | $906.0M | ||
| Q4 24 | $1.1B | $952.0M | ||
| Q3 24 | $1.2B | $948.0M | ||
| Q2 24 | $1.3B | $861.0M | ||
| Q1 24 | $943.1M | $763.0M |
净利润EXPIRIG
| Q4 25 | $-12.9M | $25.0M | ||
| Q3 25 | $3.5M | $-1.9B | ||
| Q2 25 | $-2.3M | $-938.0M | ||
| Q1 25 | $-11.0M | $-79.0M | ||
| Q4 24 | $-9.5M | $7.0M | ||
| Q3 24 | $-8.5M | $-494.0M | ||
| Q2 24 | $12.4M | $-123.0M | ||
| Q1 24 | $-15.6M | $98.0M |
毛利率EXPIRIG
| Q4 25 | — | 42.0% | ||
| Q3 25 | — | 43.2% | ||
| Q2 25 | — | 39.4% | ||
| Q1 25 | — | 31.8% | ||
| Q4 24 | — | 39.2% | ||
| Q3 24 | 99.9% | 40.6% | ||
| Q2 24 | 99.9% | 38.0% | ||
| Q1 24 | — | 31.5% |
营业利润率EXPIRIG
| Q4 25 | -1.1% | 23.0% | ||
| Q3 25 | 0.3% | -163.1% | ||
| Q2 25 | -0.2% | -97.6% | ||
| Q1 25 | -1.1% | 7.1% | ||
| Q4 24 | -1.0% | 13.7% | ||
| Q3 24 | -0.7% | -51.2% | ||
| Q2 24 | 1.4% | -6.9% | ||
| Q1 24 | -1.9% | -0.4% |
净利率EXPIRIG
| Q4 25 | -1.1% | 2.4% | ||
| Q3 25 | 0.3% | -187.1% | ||
| Q2 25 | -0.2% | -94.9% | ||
| Q1 25 | -1.2% | -8.7% | ||
| Q4 24 | -0.9% | 0.7% | ||
| Q3 24 | -0.7% | -52.1% | ||
| Q2 24 | 1.0% | -14.3% | ||
| Q1 24 | -1.7% | 12.8% |
每股收益（稀释后）EXPIRIG
| Q4 25 | $-0.08 | $0.13 | ||
| Q3 25 | $0.02 | $-2.00 | ||
| Q2 25 | $-0.01 | $-1.06 | ||
| Q1 25 | $-0.07 | $-0.11 | ||
| Q4 24 | $-0.06 | $-0.14 | ||
| Q3 24 | $-0.06 | $-0.58 | ||
| Q2 24 | $0.08 | $-0.15 | ||
| Q1 24 | $-0.10 | $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 | $124.2M | $620.0M |
| 总债务越低越好 | — | $5.2B |
| 股东权益账面价值 | $242.8M | $8.1B |
| 总资产 | $442.5M | $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EXPIRIG
| Q4 25 | $124.2M | $620.0M | ||
| Q3 25 | $112.8M | $833.0M | ||
| Q2 25 | $94.6M | $377.0M | ||
| Q1 25 | $115.7M | $263.0M | ||
| Q4 24 | $113.6M | $560.0M | ||
| Q3 24 | $130.4M | $435.0M | ||
| Q2 24 | $108.4M | $475.0M | ||
| Q1 24 | $109.2M | $446.0M |
总债务EXPIRIG
| 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EXPIRIG
| Q4 25 | $242.8M | $8.1B | ||
| Q3 25 | $235.3M | $8.1B | ||
| Q2 25 | $218.4M | $9.4B | ||
| Q1 25 | $212.0M | $10.2B | ||
| Q4 24 | $204.9M | $10.3B | ||
| Q3 24 | $211.1M | $10.2B | ||
| Q2 24 | $220.3M | $10.7B | ||
| Q1 24 | $222.4M | $10.5B |
总资产EXPIRIG
| Q4 25 | $442.5M | $15.6B | ||
| Q3 25 | $458.7M | $16.2B | ||
| Q2 25 | $481.2M | $17.8B | ||
| Q1 25 | $435.8M | $19.0B | ||
| Q4 24 | $390.7M | $19.4B | ||
| Q3 24 | $432.6M | $19.5B | ||
| Q2 24 | $457.4M | $20.3B | ||
| Q1 24 | $426.7M | $19.9B |
负债/权益比EXPIRIG
| 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 | $13.8M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $11.9M | $321.0M |
| 自由现金流率自由现金流/营收 | 1.0% | 30.8% |
| 资本支出强度资本支出/营收 | 0.2% | 2.7% |
| 现金转化率经营现金流/净利润 | — | 13.96× |
| 过去12个月自由现金流最近4个季度 | $109.0M | $626.0M |
8季度趋势，按日历期对齐
经营现金流EXPIRIG
| Q4 25 | $13.8M | $349.0M | ||
| Q3 25 | $28.9M | $246.0M | ||
| Q2 25 | $36.1M | $128.0M | ||
| Q1 25 | $39.8M | $26.0M | ||
| Q4 24 | $13.7M | $206.0M | ||
| Q3 24 | $46.0M | $194.0M | ||
| Q2 24 | $71.1M | $133.0M | ||
| Q1 24 | $60.7M | $-86.0M |
自由现金流EXPIRIG
| Q4 25 | $11.9M | $321.0M | ||
| Q3 25 | $26.6M | $235.0M | ||
| Q2 25 | $33.3M | $104.0M | ||
| Q1 25 | $37.3M | $-34.0M | ||
| Q4 24 | $11.6M | $177.0M | ||
| Q3 24 | $44.4M | $136.0M | ||
| Q2 24 | $69.7M | $49.0M | ||
| Q1 24 | $59.3M | $-169.0M |
自由现金流率EXPIRIG
| Q4 25 | 1.0% | 30.8% | ||
| Q3 25 | 2.0% | 22.9% | ||
| Q2 25 | 2.5% | 10.5% | ||
| Q1 25 | 3.9% | -3.8% | ||
| Q4 24 | 1.1% | 18.6% | ||
| Q3 24 | 3.6% | 14.3% | ||
| Q2 24 | 5.4% | 5.7% | ||
| Q1 24 | 6.3% | -22.1% |
资本支出强度EXPIRIG
| Q4 25 | 0.2% | 2.7% | ||
| Q3 25 | 0.2% | 1.1% | ||
| Q2 25 | 0.2% | 2.4% | ||
| Q1 25 | 0.3% | 6.6% | ||
| Q4 24 | 0.2% | 3.0% | ||
| Q3 24 | 0.1% | 6.1% | ||
| Q2 24 | 0.1% | 9.8% | ||
| Q1 24 | 0.1% | 10.9% |
现金转化率EXPIRIG
| Q4 25 | — | 13.96× | ||
| Q3 25 | 8.26× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 29.43× | ||
| Q3 24 | — | — | ||
| Q2 24 | 5.75× | — | ||
| Q1 24 | — | -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
EXPI
| North American Realty | $1.1B | 96% |
| International Realty | $42.2M | 4% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
