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Freedom Holding Corp.（FRHC）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
越洋钻探的季度营收约是Freedom Holding Corp.的1.7倍（$1.0B vs $628.6M），Freedom Holding Corp.净利率更高（12.1% vs 2.4%，领先9.7%），越洋钻探同比增速更快（9.6% vs -4.1%），Freedom Holding Corp.自由现金流更多（$651.7M vs $321.0M），过去两年越洋钻探的营收复合增速更高（16.9% vs 16.3%）
Freedom Holding Corp.是在美国内华达州注册的投资集团，业务覆盖零售证券经纪交易、资产管理、资本市场服务、投研咨询、投行承销、抵押贷款、保险、银行及其他消费金融服务，核心布局美股、欧洲及以哈萨克斯坦为核心的中亚市场。
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。
FRHC vs RIG — 直观对比
营收规模更大
RIG
是对方的1.7倍
$628.6M
营收增速更快
RIG
高出13.6%
-4.1%
净利率更高
FRHC
高出9.7%
2.4%
自由现金流更多
FRHC
多$330.7M
$321.0M
两年增速更快
RIG
近两年复合增速
16.3%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $628.6M | $1.0B |
| 净利润 | $76.2M | $25.0M |
| 毛利率 | 96.0% | 42.0% |
| 营业利润率 | 14.9% | 23.0% |
| 净利率 | 12.1% | 2.4% |
| 营收同比 | -4.1% | 9.6% |
| 净利润同比 | -2.6% | 257.1% |
| 每股收益（稀释后） | $1.25 | $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FRHCRIG
| Q4 25 | $628.6M | $1.0B | ||
| Q3 25 | $526.1M | $1.0B | ||
| Q2 25 | $533.4M | $988.0M | ||
| Q1 25 | $363.7M | $906.0M | ||
| Q4 24 | $655.2M | $952.0M | ||
| Q3 24 | $580.9M | $948.0M | ||
| Q2 24 | $450.7M | $861.0M | ||
| Q1 24 | $464.7M | $763.0M |
净利润FRHCRIG
| Q4 25 | $76.2M | $25.0M | ||
| Q3 25 | $38.7M | $-1.9B | ||
| Q2 25 | $30.4M | $-938.0M | ||
| Q1 25 | $-142.7M | $-79.0M | ||
| Q4 24 | $78.3M | $7.0M | ||
| Q3 24 | $114.7M | $-494.0M | ||
| Q2 24 | $34.4M | $-123.0M | ||
| Q1 24 | $95.2M | $98.0M |
毛利率FRHCRIG
| Q4 25 | 96.0% | 42.0% | ||
| Q3 25 | 97.1% | 43.2% | ||
| Q2 25 | 97.4% | 39.4% | ||
| Q1 25 | 96.6% | 31.8% | ||
| Q4 24 | 98.6% | 39.2% | ||
| Q3 24 | 99.1% | 40.6% | ||
| Q2 24 | 99.0% | 38.0% | ||
| Q1 24 | — | 31.5% |
营业利润率FRHCRIG
| Q4 25 | 14.9% | 23.0% | ||
| Q3 25 | 11.5% | -163.1% | ||
| Q2 25 | 7.6% | -97.6% | ||
| Q1 25 | -42.7% | 7.1% | ||
| Q4 24 | 15.0% | 13.7% | ||
| Q3 24 | 22.1% | -51.2% | ||
| Q2 24 | 9.2% | -6.9% | ||
| Q1 24 | 22.5% | -0.4% |
净利率FRHCRIG
| Q4 25 | 12.1% | 2.4% | ||
| Q3 25 | 7.4% | -187.1% | ||
| Q2 25 | 5.7% | -94.9% | ||
| Q1 25 | -39.2% | -8.7% | ||
| Q4 24 | 11.9% | 0.7% | ||
| Q3 24 | 19.7% | -52.1% | ||
| Q2 24 | 7.6% | -14.3% | ||
| Q1 24 | 20.5% | 12.8% |
每股收益（稀释后）FRHCRIG
| Q4 25 | $1.25 | $0.13 | ||
| Q3 25 | $0.63 | $-2.00 | ||
| Q2 25 | $0.50 | $-1.06 | ||
| Q1 25 | $-2.35 | $-0.11 | ||
| Q4 24 | $1.29 | $-0.14 | ||
| Q3 24 | $1.89 | $-0.58 | ||
| Q2 24 | $0.57 | $-0.15 | ||
| Q1 24 | $1.60 | $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 | $869.2M | $620.0M |
| 总债务越低越好 | — | $5.2B |
| 股东权益账面价值 | $1.4B | $8.1B |
| 总资产 | $12.4B | $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FRHCRIG
| Q4 25 | $869.2M | $620.0M | ||
| Q3 25 | $636.0M | $833.0M | ||
| Q2 25 | $567.9M | $377.0M | ||
| Q1 25 | $837.3M | $263.0M | ||
| Q4 24 | $577.9M | $560.0M | ||
| Q3 24 | $569.2M | $435.0M | ||
| Q2 24 | $718.7M | $475.0M | ||
| Q1 24 | $545.1M | $446.0M |
总债务FRHCRIG
| 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FRHCRIG
| Q4 25 | $1.4B | $8.1B | ||
| Q3 25 | $1.2B | $8.1B | ||
| Q2 25 | $1.2B | $9.4B | ||
| Q1 25 | $1.2B | $10.2B | ||
| Q4 24 | $1.3B | $10.3B | ||
| Q3 24 | $1.3B | $10.2B | ||
| Q2 24 | $1.1B | $10.7B | ||
| Q1 24 | $1.2B | $10.5B |
总资产FRHCRIG
| Q4 25 | $12.4B | $15.6B | ||
| Q3 25 | $10.3B | $16.2B | ||
| Q2 25 | $9.7B | $17.8B | ||
| Q1 25 | $9.9B | $19.0B | ||
| Q4 24 | $9.1B | $19.4B | ||
| Q3 24 | $8.8B | $19.5B | ||
| Q2 24 | $8.5B | $20.3B | ||
| Q1 24 | $8.3B | $19.9B |
负债/权益比FRHCRIG
| 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 | $717.8M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $651.7M | $321.0M |
| 自由现金流率自由现金流/营收 | 103.7% | 30.8% |
| 资本支出强度资本支出/营收 | 10.5% | 2.7% |
| 现金转化率经营现金流/净利润 | 9.42× | 13.96× |
| 过去12个月自由现金流最近4个季度 | — | $626.0M |
8季度趋势，按日历期对齐
经营现金流FRHCRIG
| Q4 25 | $717.8M | $349.0M | ||
| Q3 25 | $535.3M | $246.0M | ||
| Q2 25 | $480.8M | $128.0M | ||
| Q1 25 | $1.3B | $26.0M | ||
| Q4 24 | $-72.8M | $206.0M | ||
| Q3 24 | $-438.0M | $194.0M | ||
| Q2 24 | $854.1M | $133.0M | ||
| Q1 24 | $309.0M | $-86.0M |
自由现金流FRHCRIG
| Q4 25 | $651.7M | $321.0M | ||
| Q3 25 | $456.4M | $235.0M | ||
| Q2 25 | $450.0M | $104.0M | ||
| Q1 25 | — | $-34.0M | ||
| Q4 24 | $-92.7M | $177.0M | ||
| Q3 24 | $-447.5M | $136.0M | ||
| Q2 24 | $829.9M | $49.0M | ||
| Q1 24 | — | $-169.0M |
自由现金流率FRHCRIG
| Q4 25 | 103.7% | 30.8% | ||
| Q3 25 | 86.7% | 22.9% | ||
| Q2 25 | 84.4% | 10.5% | ||
| Q1 25 | — | -3.8% | ||
| Q4 24 | -14.1% | 18.6% | ||
| Q3 24 | -77.0% | 14.3% | ||
| Q2 24 | 184.1% | 5.7% | ||
| Q1 24 | — | -22.1% |
资本支出强度FRHCRIG
| Q4 25 | 10.5% | 2.7% | ||
| Q3 25 | 15.0% | 1.1% | ||
| Q2 25 | 5.8% | 2.4% | ||
| Q1 25 | — | 6.6% | ||
| Q4 24 | 3.0% | 3.0% | ||
| Q3 24 | 1.6% | 6.1% | ||
| Q2 24 | 5.4% | 9.8% | ||
| Q1 24 | — | 10.9% |
现金转化率FRHCRIG
| Q4 25 | 9.42× | 13.96× | ||
| Q3 25 | 13.82× | — | ||
| Q2 25 | 15.82× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -0.93× | 29.43× | ||
| Q3 24 | -3.82× | — | ||
| Q2 24 | 24.83× | — | ||
| Q1 24 | 3.24× | -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
FRHC
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% |
