vs
Graham Holdings Co（GHC）与RANGE RESOURCES CORP（RRC）财务数据对比。点击上方公司名可切换其他公司
Graham Holdings Co的季度营收约是RANGE RESOURCES CORP的1.6倍（$1.3B vs $786.9M），RANGE RESOURCES CORP净利率更高（22.8% vs 8.7%，领先14.1%），RANGE RESOURCES CORP同比增速更快（18.0% vs 0.4%），过去两年RANGE RESOURCES CORP的营收复合增速更高（14.6% vs 4.2%）
Graham Holdings是一家总部位于美国弗吉尼亚州阿灵顿县、在特拉华州注册的多元化综合控股集团，曾持有知名媒体《华盛顿邮报》与《新闻周刊》的所有权，旗下业务覆盖多个领域，在北美市场拥有深厚的行业运营积淀。
Range Resources Corporation是一家总部位于美国得克萨斯州沃斯堡的天然气勘探开采企业，核心运营区域为马塞勒斯页岩地层，是该地区拥有土地面积最大的运营商，专注于天然气资源的勘探、开发与生产业务，在北美油气开发领域具备深厚的行业积累。
GHC vs RRC — 直观对比
营收规模更大
GHC
是对方的1.6倍
$786.9M
营收增速更快
RRC
高出17.6%
0.4%
净利率更高
RRC
高出14.1%
8.7%
两年增速更快
RRC
近两年复合增速
4.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $786.9M |
| 净利润 | $108.7M | $179.1M |
| 毛利率 | — | 94.5% |
| 营业利润率 | 3.8% | — |
| 净利率 | 8.7% | 22.8% |
| 营收同比 | 0.4% | 18.0% |
| 净利润同比 | -80.2% | 88.8% |
| 每股收益（稀释后） | $24.76 | $0.75 |
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GHCRRC
| Q4 25 | $1.3B | $786.9M | ||
| Q3 25 | $1.3B | $655.3M | ||
| Q2 25 | $1.2B | $699.6M | ||
| Q1 25 | $1.2B | $846.3M | ||
| Q4 24 | $1.2B | $667.0M | ||
| Q3 24 | $1.2B | $567.9M | ||
| Q2 24 | $1.2B | $513.2M | ||
| Q1 24 | $1.2B | $598.8M |
净利润GHCRRC
| Q4 25 | $108.7M | $179.1M | ||
| Q3 25 | $122.9M | $144.3M | ||
| Q2 25 | $36.7M | $237.6M | ||
| Q1 25 | $23.9M | $97.1M | ||
| Q4 24 | $548.8M | $94.8M | ||
| Q3 24 | $72.5M | $50.7M | ||
| Q2 24 | $-21.0M | $28.7M | ||
| Q1 24 | $124.4M | $92.1M |
毛利率GHCRRC
| Q4 25 | — | 94.5% | ||
| Q3 25 | — | 92.5% | ||
| Q2 25 | — | 95.0% | ||
| Q1 25 | — | 93.1% | ||
| Q4 24 | — | 93.7% | ||
| Q3 24 | — | 94.3% | ||
| Q2 24 | — | 93.4% | ||
| Q1 24 | — | 94.7% |
营业利润率GHCRRC
| Q4 25 | 3.8% | — | ||
| Q3 25 | 5.2% | — | ||
| Q2 25 | 6.0% | — | ||
| Q1 25 | 4.1% | — | ||
| Q4 24 | 5.8% | — | ||
| Q3 24 | 6.8% | — | ||
| Q2 24 | 2.2% | — | ||
| Q1 24 | 3.1% | — |
净利率GHCRRC
| Q4 25 | 8.7% | 22.8% | ||
| Q3 25 | 9.6% | 22.0% | ||
| Q2 25 | 3.0% | 34.0% | ||
| Q1 25 | 2.0% | 11.5% | ||
| Q4 24 | 44.1% | 14.2% | ||
| Q3 24 | 6.0% | 8.9% | ||
| Q2 24 | -1.8% | 5.6% | ||
| Q1 24 | 10.8% | 15.4% |
每股收益（稀释后）GHCRRC
| Q4 25 | $24.76 | $0.75 | ||
| Q3 25 | $27.91 | $0.60 | ||
| Q2 25 | $8.35 | $0.99 | ||
| Q1 25 | $5.45 | $0.40 | ||
| Q4 24 | $124.05 | $0.38 | ||
| Q3 24 | $16.42 | $0.21 | ||
| Q2 24 | $-4.79 | $0.12 | ||
| Q1 24 | $27.72 | $0.38 |
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 | $267.0M | $204.0K |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | $4.8B | $4.3B |
| 总资产 | $8.4B | $7.4B |
| 负债/权益比越低杠杆越低 | — | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资GHCRRC
| Q4 25 | $267.0M | $204.0K | ||
| Q3 25 | $190.8M | $175.0K | ||
| Q2 25 | $176.2M | $134.0K | ||
| Q1 25 | $156.7M | $344.6M | ||
| Q4 24 | $260.9M | $304.5M | ||
| Q3 24 | $244.4M | $277.4M | ||
| Q2 24 | $140.7M | $251.1M | ||
| Q1 24 | $130.9M | $343.1M |
总债务GHCRRC
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.7B | ||
| Q1 24 | — | $1.8B |
股东权益GHCRRC
| Q4 25 | $4.8B | $4.3B | ||
| Q3 25 | $4.5B | $4.2B | ||
| Q2 25 | $4.4B | $4.1B | ||
| Q1 25 | $4.3B | $3.9B | ||
| Q4 24 | $4.3B | $3.9B | ||
| Q3 24 | $4.0B | $3.9B | ||
| Q2 24 | $4.0B | $3.9B | ||
| Q1 24 | $4.0B | $3.8B |
总资产GHCRRC
| Q4 25 | $8.4B | $7.4B | ||
| Q3 25 | $7.9B | $7.2B | ||
| Q2 25 | $7.6B | $7.1B | ||
| Q1 25 | $7.6B | $7.4B | ||
| Q4 24 | $7.7B | $7.3B | ||
| Q3 24 | $7.4B | $7.2B | ||
| Q2 24 | $7.2B | $7.3B | ||
| Q1 24 | $7.3B | $7.4B |
负债/权益比GHCRRC
| Q4 25 | — | 0.28× | ||
| Q3 25 | — | 0.29× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.43× | ||
| Q4 24 | — | 0.43× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.44× | ||
| Q1 24 | — | 0.46× |
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 | $28.3M | $257.5M |
| 自由现金流经营现金流 - 资本支出 | $5.0M | — |
| 自由现金流率自由现金流/营收 | 0.4% | — |
| 资本支出强度资本支出/营收 | 1.9% | — |
| 现金转化率经营现金流/净利润 | 0.26× | 1.44× |
| 过去12个月自由现金流最近4个季度 | $275.3M | — |
8季度趋势，按日历期对齐
经营现金流GHCRRC
| Q4 25 | $28.3M | $257.5M | ||
| Q3 25 | $178.1M | $247.5M | ||
| Q2 25 | $94.8M | $336.2M | ||
| Q1 25 | $46.0M | $330.1M | ||
| Q4 24 | $116.3M | $217.9M | ||
| Q3 24 | $237.6M | $245.9M | ||
| Q2 24 | $52.0M | $148.8M | ||
| Q1 24 | $1.1M | $331.9M |
自由现金流GHCRRC
| Q4 25 | $5.0M | — | ||
| Q3 25 | $161.8M | — | ||
| Q2 25 | $78.0M | — | ||
| Q1 25 | $30.5M | — | ||
| Q4 24 | $91.1M | — | ||
| Q3 24 | $219.4M | — | ||
| Q2 24 | $33.7M | — | ||
| Q1 24 | $-20.2M | — |
自由现金流率GHCRRC
| Q4 25 | 0.4% | — | ||
| Q3 25 | 12.6% | — | ||
| Q2 25 | 6.4% | — | ||
| Q1 25 | 2.6% | — | ||
| Q4 24 | 7.3% | — | ||
| Q3 24 | 18.2% | — | ||
| Q2 24 | 2.8% | — | ||
| Q1 24 | -1.8% | — |
资本支出强度GHCRRC
| Q4 25 | 1.9% | — | ||
| Q3 25 | 1.3% | — | ||
| Q2 25 | 1.4% | — | ||
| Q1 25 | 1.3% | — | ||
| Q4 24 | 2.0% | — | ||
| Q3 24 | 1.5% | — | ||
| Q2 24 | 1.5% | — | ||
| Q1 24 | 1.8% | — |
现金转化率GHCRRC
| Q4 25 | 0.26× | 1.44× | ||
| Q3 25 | 1.45× | 1.72× | ||
| Q2 25 | 2.58× | 1.42× | ||
| Q1 25 | 1.93× | 3.40× | ||
| Q4 24 | 0.21× | 2.30× | ||
| Q3 24 | 3.28× | 4.85× | ||
| Q2 24 | — | 5.18× | ||
| Q1 24 | 0.01× | 3.60× |
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
GHC
| Products | $602.7M | 48% |
| Kaplan International | $251.9M | 20% |
| Manufacturing | $117.8M | 9% |
| Television Broadcasting | $110.5M | 9% |
| Higher Education | $83.8M | 7% |
| Supplemental Education | $74.9M | 6% |
| Related Party | $4.4M | 0% |
RRC
| Natural Gas Natural Gas Liquids And Oil Sales | $745.5M | 95% |
| Brokered Natural Gas And Marketing | $41.3M | 5% |
