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Shift4 Payments, Inc.（FOUR）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
Shift4 Payments, Inc.的季度营收约是先锋自然资源公司的1.0倍（$1.2B vs $1.2B），先锋自然资源公司净利率更高（29.0% vs 3.4%，领先25.7%），Shift4 Payments, Inc.同比增速更快（34.0% vs -9.8%），过去两年Shift4 Payments, Inc.的营收复合增速更高（29.6% vs -3.0%）
Shift4 Payments是美国支付处理服务商，总部位于宾夕法尼亚州阿伦敦，1999年由贾里德·艾萨克曼创立。公司为零售、酒店、休闲、餐饮等行业超20万家商户提供支付处理服务，主营移动支付软硬件等商业技术，2020年于纽约证券交易所挂牌上市。
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。
FOUR vs PR — 直观对比
营收规模更大
FOUR
是对方的1.0倍
$1.2B
营收增速更快
FOUR
高出43.8%
-9.8%
净利率更高
PR
高出25.7%
3.4%
两年增速更快
FOUR
近两年复合增速
-3.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.2B |
| 净利润 | $40.2M | $339.5M |
| 毛利率 | — | — |
| 营业利润率 | 10.8% | 23.1% |
| 净利率 | 3.4% | 29.0% |
| 营收同比 | 34.0% | -9.8% |
| 净利润同比 | -65.3% | 56.7% |
| 每股收益（稀释后） | — | $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FOURPR
| Q4 25 | $1.2B | $1.2B | ||
| Q3 25 | $1.2B | $1.3B | ||
| Q2 25 | $966.2M | $1.2B | ||
| Q1 25 | $848.3M | $1.4B | ||
| Q4 24 | $887.0M | $1.3B | ||
| Q3 24 | $909.2M | $1.2B | ||
| Q2 24 | $827.0M | $1.2B | ||
| Q1 24 | $707.4M | $1.2B |
净利润FOURPR
| Q4 25 | $40.2M | $339.5M | ||
| Q3 25 | $28.1M | $59.2M | ||
| Q2 25 | $34.0M | $207.1M | ||
| Q1 25 | $16.7M | $329.3M | ||
| Q4 24 | $116.0M | $216.7M | ||
| Q3 24 | $53.8M | $386.4M | ||
| Q2 24 | $39.2M | $235.1M | ||
| Q1 24 | $20.6M | $146.6M |
营业利润率FOURPR
| Q4 25 | 10.8% | 23.1% | ||
| Q3 25 | 9.7% | 29.6% | ||
| Q2 25 | 8.6% | 24.8% | ||
| Q1 25 | 3.0% | 36.6% | ||
| Q4 24 | 9.7% | 32.8% | ||
| Q3 24 | 8.8% | 32.5% | ||
| Q2 24 | 7.2% | 36.5% | ||
| Q1 24 | 3.0% | 37.7% |
净利率FOURPR
| Q4 25 | 3.4% | 29.0% | ||
| Q3 25 | 2.4% | 4.5% | ||
| Q2 25 | 3.5% | 17.3% | ||
| Q1 25 | 2.0% | 23.9% | ||
| Q4 24 | 13.1% | 16.7% | ||
| Q3 24 | 5.9% | 31.8% | ||
| Q2 24 | 4.7% | 18.9% | ||
| Q1 24 | 2.9% | 11.8% |
每股收益（稀释后）FOURPR
| Q4 25 | — | $0.48 | ||
| Q3 25 | — | $0.08 | ||
| Q2 25 | — | $0.28 | ||
| Q1 25 | — | $0.44 | ||
| Q4 24 | — | $0.31 | ||
| Q3 24 | — | $0.53 | ||
| Q2 24 | — | $0.36 | ||
| Q1 24 | — | $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 | $964.0M | $153.7M |
| 总债务越低越好 | $4.5B | $3.5B |
| 股东权益账面价值 | $1.4B | $10.3B |
| 总资产 | $8.7B | $17.9B |
| 负债/权益比越低杠杆越低 | 3.15× | 0.34× |
8季度趋势，按日历期对齐
现金及短期投资FOURPR
| Q4 25 | $964.0M | $153.7M | ||
| Q3 25 | $1.5B | $111.8M | ||
| Q2 25 | $3.0B | $451.0M | ||
| Q1 25 | $1.2B | $702.2M | ||
| Q4 24 | $1.2B | $479.3M | ||
| Q3 24 | $1.4B | $272.0M | ||
| Q2 24 | $205.0M | $47.8M | ||
| Q1 24 | $522.9M | $12.7M |
总债务FOURPR
| Q4 25 | $4.5B | $3.5B | ||
| Q3 25 | $4.7B | $3.5B | ||
| Q2 25 | $3.7B | $4.0B | ||
| Q1 25 | $2.8B | $4.0B | ||
| Q4 24 | $2.8B | $4.2B | ||
| Q3 24 | — | $4.2B | ||
| Q2 24 | — | $3.9B | ||
| Q1 24 | — | $3.9B |
股东权益FOURPR
| Q4 25 | $1.4B | $10.3B | ||
| Q3 25 | $1.7B | $10.0B | ||
| Q2 25 | $1.6B | $9.5B | ||
| Q1 25 | $805.2M | $9.4B | ||
| Q4 24 | $806.6M | $9.1B | ||
| Q3 24 | $811.8M | $9.0B | ||
| Q2 24 | $700.8M | $8.3B | ||
| Q1 24 | $674.5M | $7.0B |
总资产FOURPR
| Q4 25 | $8.7B | $17.9B | ||
| Q3 25 | $9.0B | $17.3B | ||
| Q2 25 | $7.0B | $17.5B | ||
| Q1 25 | $5.0B | $17.1B | ||
| Q4 24 | $5.0B | $16.9B | ||
| Q3 24 | $5.0B | $16.6B | ||
| Q2 24 | $3.5B | $15.4B | ||
| Q1 24 | $3.4B | $15.1B |
负债/权益比FOURPR
| Q4 25 | 3.15× | 0.34× | ||
| Q3 25 | 2.83× | 0.35× | ||
| Q2 25 | 2.34× | 0.42× | ||
| Q1 25 | 3.53× | 0.43× | ||
| Q4 24 | 3.52× | 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 | $223.7M | $904.3M |
| 自由现金流经营现金流 - 资本支出 | $222.5M | — |
| 自由现金流率自由现金流/营收 | 18.7% | — |
| 资本支出强度资本支出/营收 | 0.1% | — |
| 现金转化率经营现金流/净利润 | 5.56× | 2.66× |
| 过去12个月自由现金流最近4个季度 | $624.0M | — |
8季度趋势，按日历期对齐
经营现金流FOURPR
| Q4 25 | $223.7M | $904.3M | ||
| Q3 25 | $171.8M | $766.5M | ||
| Q2 25 | $141.9M | $1.0B | ||
| Q1 25 | $96.6M | $898.0M | ||
| Q4 24 | $145.4M | $871.6M | ||
| Q3 24 | $182.1M | $954.4M | ||
| Q2 24 | $116.1M | $938.4M | ||
| Q1 24 | $56.7M | $647.6M |
自由现金流FOURPR
| Q4 25 | $222.5M | — | ||
| Q3 25 | $165.4M | — | ||
| Q2 25 | $141.0M | — | ||
| Q1 25 | $95.1M | — | ||
| Q4 24 | $143.8M | — | ||
| Q3 24 | $180.1M | — | ||
| Q2 24 | $113.9M | — | ||
| Q1 24 | $55.4M | — |
自由现金流率FOURPR
| Q4 25 | 18.7% | — | ||
| Q3 25 | 14.1% | — | ||
| Q2 25 | 14.6% | — | ||
| Q1 25 | 11.2% | — | ||
| Q4 24 | 16.2% | — | ||
| Q3 24 | 19.8% | — | ||
| Q2 24 | 13.8% | — | ||
| Q1 24 | 7.8% | — |
资本支出强度FOURPR
| Q4 25 | 0.1% | — | ||
| Q3 25 | 0.5% | — | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | 0.2% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 0.3% | — | ||
| Q1 24 | 0.2% | — |
现金转化率FOURPR
| Q4 25 | 5.56× | 2.66× | ||
| Q3 25 | 6.11× | 12.94× | ||
| Q2 25 | 4.17× | 5.01× | ||
| Q1 25 | 5.78× | 2.73× | ||
| Q4 24 | 1.25× | 4.02× | ||
| Q3 24 | 3.38× | 2.47× | ||
| Q2 24 | 2.96× | 3.99× | ||
| Q1 24 | 2.75× | 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
FOUR
| Payments Based Revenue | $788.8M | 66% |
| Other | $255.0M | 21% |
| Subscription And Other Revenues | $144.8M | 12% |
PR
| Crude Oil | $1.0B | 87% |
| Natural Gas Liquids Reserves | $145.1M | 12% |
