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盖尔斯（GES）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盖尔斯的1.5倍（$1.2B vs $791.4M），先锋自然资源公司净利率更高（29.0% vs 3.2%，领先25.8%），盖尔斯同比增速更快（7.2% vs -9.8%），过去两年先锋自然资源公司的营收复合增速更高（-3.0% vs -5.8%）
盖尔斯是美国知名服饰品牌企业，以标志性的黑白风格广告广为人知。除核心服饰产品外，品牌还通过品牌授权模式推出腕表、珠宝、香水、包袋、鞋履等各类时尚配饰，在全球时尚消费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。
GES vs PR — 直观对比
营收规模更大
PR
是对方的1.5倍
$791.4M
营收增速更快
GES
高出16.9%
-9.8%
净利率更高
PR
高出25.8%
3.2%
两年增速更快
PR
近两年复合增速
-5.8%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $791.4M | $1.2B |
| 净利润 | $25.6M | $339.5M |
| 毛利率 | 42.5% | — |
| 营业利润率 | 2.9% | 23.1% |
| 净利率 | 3.2% | 29.0% |
| 营收同比 | 7.2% | -9.8% |
| 净利润同比 | 209.6% | 56.7% |
| 每股收益（稀释后） | $0.48 | $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GESPR
| Q4 25 | $791.4M | $1.2B | ||
| Q3 25 | $772.9M | $1.3B | ||
| Q2 25 | $647.8M | $1.2B | ||
| Q1 25 | $932.3M | $1.4B | ||
| Q4 24 | $738.5M | $1.3B | ||
| Q3 24 | $732.6M | $1.2B | ||
| Q2 24 | $591.9M | $1.2B | ||
| Q1 24 | $891.0M | $1.2B |
净利润GESPR
| Q4 25 | $25.6M | $339.5M | ||
| Q3 25 | $6.2M | $59.2M | ||
| Q2 25 | $-32.9M | $207.1M | ||
| Q1 25 | $81.4M | $329.3M | ||
| Q4 24 | $-23.4M | $216.7M | ||
| Q3 24 | $-10.6M | $386.4M | ||
| Q2 24 | $13.0M | $235.1M | ||
| Q1 24 | $115.3M | $146.6M |
毛利率GESPR
| Q4 25 | 42.5% | — | ||
| Q3 25 | 42.5% | — | ||
| Q2 25 | 39.9% | — | ||
| Q1 25 | 44.1% | — | ||
| Q4 24 | 43.6% | — | ||
| Q3 24 | 43.7% | — | ||
| Q2 24 | 41.9% | — | ||
| Q1 24 | 45.4% | — |
营业利润率GESPR
| Q4 25 | 2.9% | 23.1% | ||
| Q3 25 | 2.3% | 29.6% | ||
| Q2 25 | -5.1% | 24.8% | ||
| Q1 25 | 11.1% | 36.6% | ||
| Q4 24 | 5.7% | 32.8% | ||
| Q3 24 | 6.5% | 32.5% | ||
| Q2 24 | -3.4% | 36.5% | ||
| Q1 24 | 16.3% | 37.7% |
净利率GESPR
| Q4 25 | 3.2% | 29.0% | ||
| Q3 25 | 0.8% | 4.5% | ||
| Q2 25 | -5.1% | 17.3% | ||
| Q1 25 | 8.7% | 23.9% | ||
| Q4 24 | -3.2% | 16.7% | ||
| Q3 24 | -1.4% | 31.8% | ||
| Q2 24 | 2.2% | 18.9% | ||
| Q1 24 | 12.9% | 11.8% |
每股收益（稀释后）GESPR
| Q4 25 | $0.48 | $0.48 | ||
| Q3 25 | $0.12 | $0.08 | ||
| Q2 25 | $-0.65 | $0.28 | ||
| Q1 25 | $1.29 | $0.44 | ||
| Q4 24 | $-0.47 | $0.31 | ||
| Q3 24 | $-0.28 | $0.53 | ||
| Q2 24 | $0.23 | $0.36 | ||
| Q1 24 | $1.90 | $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 | $154.2M | $153.7M |
| 总债务越低越好 | $299.5M | $3.5B |
| 股东权益账面价值 | $508.5M | $10.3B |
| 总资产 | $3.0B | $17.9B |
| 负债/权益比越低杠杆越低 | 0.59× | 0.34× |
8季度趋势，按日历期对齐
现金及短期投资GESPR
| Q4 25 | $154.2M | $153.7M | ||
| Q3 25 | $189.6M | $111.8M | ||
| Q2 25 | $151.2M | $451.0M | ||
| Q1 25 | $187.7M | $702.2M | ||
| Q4 24 | $140.9M | $479.3M | ||
| Q3 24 | $218.9M | $272.0M | ||
| Q2 24 | $241.7M | $47.8M | ||
| Q1 24 | $360.3M | $12.7M |
总债务GESPR
| Q4 25 | $299.5M | $3.5B | ||
| Q3 25 | $258.4M | $3.5B | ||
| Q2 25 | $241.7M | $4.0B | ||
| Q1 25 | $150.7M | $4.0B | ||
| Q4 24 | $238.3M | $4.2B | ||
| Q3 24 | $187.8M | $4.2B | ||
| Q2 24 | $196.9M | $3.9B | ||
| Q1 24 | $28.2M | $3.9B |
股东权益GESPR
| Q4 25 | $508.5M | $10.3B | ||
| Q3 25 | $487.6M | $10.0B | ||
| Q2 25 | $483.6M | $9.5B | ||
| Q1 25 | $505.0M | $9.4B | ||
| Q4 24 | $450.7M | $9.1B | ||
| Q3 24 | $491.2M | $9.0B | ||
| Q2 24 | $565.5M | $8.3B | ||
| Q1 24 | $684.9M | $7.0B |
总资产GESPR
| Q4 25 | $3.0B | $17.9B | ||
| Q3 25 | $3.0B | $17.3B | ||
| Q2 25 | $2.9B | $17.5B | ||
| Q1 25 | $2.8B | $17.1B | ||
| Q4 24 | $2.8B | $16.9B | ||
| Q3 24 | $2.8B | $16.6B | ||
| Q2 24 | $2.7B | $15.4B | ||
| Q1 24 | $2.6B | $15.1B |
负债/权益比GESPR
| Q4 25 | 0.59× | 0.34× | ||
| Q3 25 | 0.53× | 0.35× | ||
| Q2 25 | 0.50× | 0.42× | ||
| Q1 25 | 0.30× | 0.43× | ||
| Q4 24 | 0.53× | 0.46× | ||
| Q3 24 | 0.38× | 0.47× | ||
| Q2 24 | 0.35× | 0.46× | ||
| Q1 24 | 0.04× | 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 | $-39.5M | $904.3M |
| 自由现金流经营现金流 - 资本支出 | $-56.3M | — |
| 自由现金流率自由现金流/营收 | -7.1% | — |
| 资本支出强度资本支出/营收 | 2.1% | — |
| 现金转化率经营现金流/净利润 | -1.54× | 2.66× |
| 过去12个月自由现金流最近4个季度 | $62.5M | — |
8季度趋势，按日历期对齐
经营现金流GESPR
| Q4 25 | $-39.5M | $904.3M | ||
| Q3 25 | $74.9M | $766.5M | ||
| Q2 25 | $-73.4M | $1.0B | ||
| Q1 25 | $183.2M | $898.0M | ||
| Q4 24 | $-83.3M | $871.6M | ||
| Q3 24 | $44.7M | $954.4M | ||
| Q2 24 | $-22.9M | $938.4M | ||
| Q1 24 | $289.5M | $647.6M |
自由现金流GESPR
| Q4 25 | $-56.3M | — | ||
| Q3 25 | $53.4M | — | ||
| Q2 25 | $-95.3M | — | ||
| Q1 25 | $160.7M | — | ||
| Q4 24 | $-105.4M | — | ||
| Q3 24 | $24.3M | — | ||
| Q2 24 | $-44.0M | — | ||
| Q1 24 | $267.8M | — |
自由现金流率GESPR
| Q4 25 | -7.1% | — | ||
| Q3 25 | 6.9% | — | ||
| Q2 25 | -14.7% | — | ||
| Q1 25 | 17.2% | — | ||
| Q4 24 | -14.3% | — | ||
| Q3 24 | 3.3% | — | ||
| Q2 24 | -7.4% | — | ||
| Q1 24 | 30.1% | — |
资本支出强度GESPR
| Q4 25 | 2.1% | — | ||
| Q3 25 | 2.8% | — | ||
| Q2 25 | 3.4% | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 3.0% | — | ||
| Q3 24 | 2.8% | — | ||
| Q2 24 | 3.6% | — | ||
| Q1 24 | 2.4% | — |
现金转化率GESPR
| Q4 25 | -1.54× | 2.66× | ||
| Q3 25 | 12.00× | 12.94× | ||
| Q2 25 | — | 5.01× | ||
| Q1 25 | 2.25× | 2.73× | ||
| Q4 24 | — | 4.02× | ||
| Q3 24 | — | 2.47× | ||
| Q2 24 | -1.76× | 3.99× | ||
| Q1 24 | 2.51× | 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
GES
| Products | $760.3M | 96% |
| Royalty | $31.1M | 4% |
PR
| Crude Oil | $1.0B | 87% |
| Natural Gas Liquids Reserves | $145.1M | 12% |
