vs
Global Payments（GPN）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
Global Payments的季度营收约是越洋钻探的1.3倍（$1.3B vs $1.0B），Global Payments净利率更高（16.4% vs 2.4%，领先14.0%），越洋钻探同比增速更快（9.6% vs -47.1%），Global Payments自由现金流更多（$347.0M vs $321.0M），过去两年越洋钻探的营收复合增速更高（16.9% vs -25.9%）
Global Payments Inc.是美国跨国金融科技企业，面向商户、发卡机构及消费者提供支付技术与相关服务，支持信用卡、借记卡、数字支付及非接触式支付的交易处理，2021年6月入选《财富》500强榜单。
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。
GPN vs RIG — 直观对比
营收规模更大
GPN
是对方的1.3倍
$1.0B
营收增速更快
RIG
高出56.7%
-47.1%
净利率更高
GPN
高出14.0%
2.4%
自由现金流更多
GPN
多$26.0M
$321.0M
两年增速更快
RIG
近两年复合增速
-25.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.0B |
| 净利润 | $217.5M | $25.0M |
| 毛利率 | 89.7% | 42.0% |
| 营业利润率 | 5.9% | 23.0% |
| 净利率 | 16.4% | 2.4% |
| 营收同比 | -47.1% | 9.6% |
| 净利润同比 | -61.6% | 257.1% |
| 每股收益（稀释后） | $0.91 | $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GPNRIG
| Q4 25 | $1.3B | $1.0B | ||
| Q3 25 | $2.0B | $1.0B | ||
| Q2 25 | $2.0B | $988.0M | ||
| Q1 25 | $2.4B | $906.0M | ||
| Q4 24 | $2.5B | $952.0M | ||
| Q3 24 | $2.6B | $948.0M | ||
| Q2 24 | $2.6B | $861.0M | ||
| Q1 24 | $2.4B | $763.0M |
净利润GPNRIG
| Q4 25 | $217.5M | $25.0M | ||
| Q3 25 | $635.2M | $-1.9B | ||
| Q2 25 | $241.6M | $-938.0M | ||
| Q1 25 | $305.7M | $-79.0M | ||
| Q4 24 | $567.2M | $7.0M | ||
| Q3 24 | $315.1M | $-494.0M | ||
| Q2 24 | $374.8M | $-123.0M | ||
| Q1 24 | $313.3M | $98.0M |
毛利率GPNRIG
| Q4 25 | 89.7% | 42.0% | ||
| Q3 25 | 72.3% | 43.2% | ||
| Q2 25 | 74.5% | 39.4% | ||
| Q1 25 | 61.8% | 31.8% | ||
| Q4 24 | 62.1% | 39.2% | ||
| Q3 24 | 63.6% | 40.6% | ||
| Q2 24 | 63.5% | 38.0% | ||
| Q1 24 | 61.9% | 31.5% |
营业利润率GPNRIG
| Q4 25 | 5.9% | 23.0% | ||
| Q3 25 | 38.8% | -163.1% | ||
| Q2 25 | 21.8% | -97.6% | ||
| Q1 25 | 19.5% | 7.1% | ||
| Q4 24 | 33.1% | 13.7% | ||
| Q3 24 | 18.3% | -51.2% | ||
| Q2 24 | 22.3% | -6.9% | ||
| Q1 24 | 18.7% | -0.4% |
净利率GPNRIG
| Q4 25 | 16.4% | 2.4% | ||
| Q3 25 | 31.6% | -187.1% | ||
| Q2 25 | 12.3% | -94.9% | ||
| Q1 25 | 12.7% | -8.7% | ||
| Q4 24 | 22.5% | 0.7% | ||
| Q3 24 | 12.1% | -52.1% | ||
| Q2 24 | 14.6% | -14.3% | ||
| Q1 24 | 12.9% | 12.8% |
每股收益（稀释后）GPNRIG
| Q4 25 | $0.91 | $0.13 | ||
| Q3 25 | $2.64 | $-2.00 | ||
| Q2 25 | $0.99 | $-1.06 | ||
| Q1 25 | $1.24 | $-0.11 | ||
| Q4 24 | $2.23 | $-0.14 | ||
| Q3 24 | $1.24 | $-0.58 | ||
| Q2 24 | $1.47 | $-0.15 | ||
| Q1 24 | $1.22 | $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 | $8.3B | $620.0M |
| 总债务越低越好 | $19.5B | $5.2B |
| 股东权益账面价值 | $22.9B | $8.1B |
| 总资产 | $53.3B | $15.6B |
| 负债/权益比越低杠杆越低 | 0.85× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资GPNRIG
| Q4 25 | $8.3B | $620.0M | ||
| Q3 25 | $2.6B | $833.0M | ||
| Q2 25 | $2.6B | $377.0M | ||
| Q1 25 | $2.9B | $263.0M | ||
| Q4 24 | $2.5B | $560.0M | ||
| Q3 24 | $2.9B | $435.0M | ||
| Q2 24 | $2.1B | $475.0M | ||
| Q1 24 | $2.2B | $446.0M |
总债务GPNRIG
| Q4 25 | $19.5B | $5.2B | ||
| Q3 25 | $13.3B | $4.8B | ||
| Q2 25 | $14.2B | $5.9B | ||
| Q1 25 | $15.0B | $5.9B | ||
| Q4 24 | $15.2B | $6.2B | ||
| Q3 24 | $15.2B | $6.5B | ||
| Q2 24 | $15.6B | $6.8B | ||
| Q1 24 | $15.6B | $6.8B |
股东权益GPNRIG
| Q4 25 | $22.9B | $8.1B | ||
| Q3 25 | $22.7B | $8.1B | ||
| Q2 25 | $22.6B | $9.4B | ||
| Q1 25 | $22.2B | $10.2B | ||
| Q4 24 | $22.3B | $10.3B | ||
| Q3 24 | $22.8B | $10.2B | ||
| Q2 24 | $22.4B | $10.7B | ||
| Q1 24 | $22.2B | $10.5B |
总资产GPNRIG
| Q4 25 | $53.3B | $15.6B | ||
| Q3 25 | $48.0B | $16.2B | ||
| Q2 25 | $48.5B | $17.8B | ||
| Q1 25 | $47.6B | $19.0B | ||
| Q4 24 | $46.9B | $19.4B | ||
| Q3 24 | $50.0B | $19.5B | ||
| Q2 24 | $50.8B | $20.3B | ||
| Q1 24 | $51.8B | $19.9B |
负债/权益比GPNRIG
| Q4 25 | 0.85× | 0.64× | ||
| Q3 25 | 0.59× | 0.60× | ||
| Q2 25 | 0.63× | 0.63× | ||
| Q1 25 | 0.67× | 0.58× | ||
| Q4 24 | 0.68× | 0.60× | ||
| Q3 24 | 0.67× | 0.64× | ||
| Q2 24 | 0.70× | 0.63× | ||
| Q1 24 | 0.70× | 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 | $515.2M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $347.0M | $321.0M |
| 自由现金流率自由现金流/营收 | 26.1% | 30.8% |
| 资本支出强度资本支出/营收 | 12.7% | 2.7% |
| 现金转化率经营现金流/净利润 | 2.37× | 13.96× |
| 过去12个月自由现金流最近4个季度 | $2.0B | $626.0M |
8季度趋势，按日历期对齐
经营现金流GPNRIG
| Q4 25 | $515.2M | $349.0M | ||
| Q3 25 | $768.7M | $246.0M | ||
| Q2 25 | $817.5M | $128.0M | ||
| Q1 25 | $555.1M | $26.0M | ||
| Q4 24 | $653.4M | $206.0M | ||
| Q3 24 | $1.7B | $194.0M | ||
| Q2 24 | $736.9M | $133.0M | ||
| Q1 24 | $416.3M | $-86.0M |
自由现金流GPNRIG
| Q4 25 | $347.0M | $321.0M | ||
| Q3 25 | $598.9M | $235.0M | ||
| Q2 25 | $665.4M | $104.0M | ||
| Q1 25 | $427.5M | $-34.0M | ||
| Q4 24 | $469.4M | $177.0M | ||
| Q3 24 | $1.6B | $136.0M | ||
| Q2 24 | $557.7M | $49.0M | ||
| Q1 24 | $270.9M | $-169.0M |
自由现金流率GPNRIG
| Q4 25 | 26.1% | 30.8% | ||
| Q3 25 | 29.8% | 22.9% | ||
| Q2 25 | 34.0% | 10.5% | ||
| Q1 25 | 17.7% | -3.8% | ||
| Q4 24 | 18.7% | 18.6% | ||
| Q3 24 | 60.0% | 14.3% | ||
| Q2 24 | 21.7% | 5.7% | ||
| Q1 24 | 11.2% | -22.1% |
资本支出强度GPNRIG
| Q4 25 | 12.7% | 2.7% | ||
| Q3 25 | 8.5% | 1.1% | ||
| Q2 25 | 7.8% | 2.4% | ||
| Q1 25 | 5.3% | 6.6% | ||
| Q4 24 | 7.3% | 3.0% | ||
| Q3 24 | 6.4% | 6.1% | ||
| Q2 24 | 7.0% | 9.8% | ||
| Q1 24 | 6.0% | 10.9% |
现金转化率GPNRIG
| Q4 25 | 2.37× | 13.96× | ||
| Q3 25 | 1.21× | — | ||
| Q2 25 | 3.38× | — | ||
| Q1 25 | 1.82× | — | ||
| Q4 24 | 1.15× | 29.43× | ||
| Q3 24 | 5.48× | — | ||
| Q2 24 | 1.97× | — | ||
| Q1 24 | 1.33× | -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
GPN
| Integrated And Embedded Solutions | $869.3M | 65% |
| Point Of Sale And Software Solutions | $281.7M | 21% |
| Other | $178.4M | 13% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
