vs
Helmerich & Payne, Inc.（HP）与LCI INDUSTRIES（LCII）财务数据对比。点击上方公司名可切换其他公司
Helmerich & Payne, Inc.的季度营收约是LCI INDUSTRIES的1.1倍（$981.1M vs $932.7M），LCI INDUSTRIES净利率更高（2.0% vs -9.9%，领先11.9%），Helmerich & Payne, Inc.同比增速更快（45.4% vs 16.1%），Helmerich & Payne, Inc.自由现金流更多（$114.9M vs $64.3M），过去两年Helmerich & Payne, Inc.的营收复合增速更高（19.7% vs -1.8%）
Helmerich & Payne（简称H&P）是总部位于美国俄克拉荷马州塔尔萨的跨国石油钻探承包商，为油气勘探开发企业提供钻井及相关配套服务。公司1998年推出的FlexRigs系列钻井平台广泛应用于非常规页岩地层钻探作业，是全球最大的陆上钻探服务商之一。
拉奇核心工业有限公司前身为巴基斯坦帝国化学工业公司，是一家总部位于卡拉奇的巴基斯坦综合性企业集团，业务覆盖聚酯、医药、农用化学品、纯碱及兽药等多品类产品的研发生产，在巴基斯坦本土工业领域拥有重要市场地位。
HP vs LCII — 直观对比
营收规模更大
HP
是对方的1.1倍
$932.7M
营收增速更快
HP
高出29.3%
16.1%
净利率更高
LCII
高出11.9%
-9.9%
自由现金流更多
HP
多$50.6M
$64.3M
两年增速更快
HP
近两年复合增速
-1.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $981.1M | $932.7M |
| 净利润 | $-96.7M | $18.7M |
| 毛利率 | — | 22.1% |
| 营业利润率 | -6.1% | 3.8% |
| 净利率 | -9.9% | 2.0% |
| 营收同比 | 45.4% | 16.1% |
| 净利润同比 | -276.6% | 95.7% |
| 每股收益（稀释后） | $-0.98 | $0.79 |
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HPLCII
| Q4 25 | $981.1M | $932.7M | ||
| Q3 25 | $953.8M | $1.0B | ||
| Q2 25 | $1.0B | $1.1B | ||
| Q1 25 | $1.0B | $1.0B | ||
| Q4 24 | $674.6M | $803.1M | ||
| Q3 24 | $691.3M | $915.5M | ||
| Q2 24 | $695.1M | $1.1B | ||
| Q1 24 | $685.1M | $968.0M |
净利润HPLCII
| Q4 25 | $-96.7M | $18.7M | ||
| Q3 25 | $-57.4M | $62.5M | ||
| Q2 25 | $-162.8M | $57.6M | ||
| Q1 25 | $1.7M | $49.4M | ||
| Q4 24 | $54.8M | $9.5M | ||
| Q3 24 | $75.5M | $35.6M | ||
| Q2 24 | $88.7M | $61.2M | ||
| Q1 24 | $84.8M | $36.5M |
毛利率HPLCII
| Q4 25 | — | 22.1% | ||
| Q3 25 | — | 24.4% | ||
| Q2 25 | — | 24.4% | ||
| Q1 25 | — | 24.1% | ||
| Q4 24 | — | 21.1% | ||
| Q3 24 | — | 24.0% | ||
| Q2 24 | — | 25.3% | ||
| Q1 24 | — | 23.1% |
营业利润率HPLCII
| Q4 25 | -6.1% | 3.8% | ||
| Q3 25 | -0.1% | 7.3% | ||
| Q2 25 | -12.4% | 7.9% | ||
| Q1 25 | 4.2% | 7.8% | ||
| Q4 24 | 13.3% | 2.0% | ||
| Q3 24 | 15.4% | 5.9% | ||
| Q2 24 | 16.0% | 8.6% | ||
| Q1 24 | 16.1% | 6.0% |
净利率HPLCII
| Q4 25 | -9.9% | 2.0% | ||
| Q3 25 | -6.0% | 6.0% | ||
| Q2 25 | -15.7% | 5.2% | ||
| Q1 25 | 0.2% | 4.7% | ||
| Q4 24 | 8.1% | 1.2% | ||
| Q3 24 | 10.9% | 3.9% | ||
| Q2 24 | 12.8% | 5.8% | ||
| Q1 24 | 12.4% | 3.8% |
每股收益（稀释后）HPLCII
| Q4 25 | $-0.98 | $0.79 | ||
| Q3 25 | $-0.57 | $2.55 | ||
| Q2 25 | $-1.64 | $2.29 | ||
| Q1 25 | $0.01 | $1.94 | ||
| Q4 24 | $0.54 | $0.37 | ||
| Q3 24 | $0.77 | $1.39 | ||
| Q2 24 | $0.88 | $2.40 | ||
| Q1 24 | $0.84 | $1.44 |
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 | $269.0M | $222.6M |
| 总债务越低越好 | $2.0B | $945.2M |
| 股东权益账面价值 | $2.7B | $1.4B |
| 总资产 | $6.5B | $3.2B |
| 负债/权益比越低杠杆越低 | 0.75× | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资HPLCII
| Q4 25 | $269.0M | $222.6M | ||
| Q3 25 | $218.3M | $199.7M | ||
| Q2 25 | $187.4M | $191.9M | ||
| Q1 25 | $195.6M | $231.2M | ||
| Q4 24 | $526.5M | $165.8M | ||
| Q3 24 | $510.3M | $161.2M | ||
| Q2 24 | $289.7M | $130.4M | ||
| Q1 24 | $277.0M | $22.6M |
总债务HPLCII
| Q4 25 | $2.0B | $945.2M | ||
| Q3 25 | $2.1B | $947.8M | ||
| Q2 25 | $2.2B | $948.0M | ||
| Q1 25 | $2.2B | $938.3M | ||
| Q4 24 | — | $757.3M | ||
| Q3 24 | $1.8B | $822.5M | ||
| Q2 24 | — | $829.7M | ||
| Q1 24 | — | $855.3M |
股东权益HPLCII
| Q4 25 | $2.7B | $1.4B | ||
| Q3 25 | $2.8B | $1.4B | ||
| Q2 25 | $2.9B | $1.4B | ||
| Q1 25 | $3.1B | $1.4B | ||
| Q4 24 | $2.9B | $1.4B | ||
| Q3 24 | $2.9B | $1.4B | ||
| Q2 24 | $2.9B | $1.4B | ||
| Q1 24 | $2.8B | $1.4B |
总资产HPLCII
| Q4 25 | $6.5B | $3.2B | ||
| Q3 25 | $6.7B | $3.2B | ||
| Q2 25 | $6.9B | $3.2B | ||
| Q1 25 | $7.2B | $3.1B | ||
| Q4 24 | $5.8B | $2.9B | ||
| Q3 24 | $5.8B | $3.0B | ||
| Q2 24 | $4.5B | $3.0B | ||
| Q1 24 | $4.4B | $3.0B |
负债/权益比HPLCII
| Q4 25 | 0.75× | 0.69× | ||
| Q3 25 | 0.73× | 0.70× | ||
| Q2 25 | 0.76× | 0.68× | ||
| Q1 25 | 0.73× | 0.69× | ||
| Q4 24 | — | 0.55× | ||
| Q3 24 | 0.61× | 0.58× | ||
| Q2 24 | — | 0.60× | ||
| Q1 24 | — | 0.63× |
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 | $182.4M | $78.9M |
| 自由现金流经营现金流 - 资本支出 | $114.9M | $64.3M |
| 自由现金流率自由现金流/营收 | 11.7% | 6.9% |
| 资本支出强度资本支出/营收 | 6.9% | 1.6% |
| 现金转化率经营现金流/净利润 | — | 4.22× |
| 过去12个月自由现金流最近4个季度 | $179.6M | $278.3M |
8季度趋势，按日历期对齐
经营现金流HPLCII
| Q4 25 | $182.4M | $78.9M | ||
| Q3 25 | $206.9M | $97.2M | ||
| Q2 25 | $121.6M | $112.2M | ||
| Q1 25 | $56.0M | $42.7M | ||
| Q4 24 | $158.4M | $106.6M | ||
| Q3 24 | $168.8M | $78.4M | ||
| Q2 24 | $197.4M | $192.9M | ||
| Q1 24 | $143.7M | $-7.7M |
自由现金流HPLCII
| Q4 25 | $114.9M | $64.3M | ||
| Q3 25 | $142.8M | $80.9M | ||
| Q2 25 | $24.6M | $99.5M | ||
| Q1 25 | $-102.7M | $33.7M | ||
| Q4 24 | $51.9M | $95.7M | ||
| Q3 24 | $62.8M | $68.3M | ||
| Q2 24 | $63.0M | $180.2M | ||
| Q1 24 | $25.4M | $-16.3M |
自由现金流率HPLCII
| Q4 25 | 11.7% | 6.9% | ||
| Q3 25 | 15.0% | 7.8% | ||
| Q2 25 | 2.4% | 9.0% | ||
| Q1 25 | -10.1% | 3.2% | ||
| Q4 24 | 7.7% | 11.9% | ||
| Q3 24 | 9.1% | 7.5% | ||
| Q2 24 | 9.1% | 17.1% | ||
| Q1 24 | 3.7% | -1.7% |
资本支出强度HPLCII
| Q4 25 | 6.9% | 1.6% | ||
| Q3 25 | 6.7% | 1.6% | ||
| Q2 25 | 9.3% | 1.2% | ||
| Q1 25 | 15.7% | 0.9% | ||
| Q4 24 | 15.8% | 1.4% | ||
| Q3 24 | 15.3% | 1.1% | ||
| Q2 24 | 19.3% | 1.2% | ||
| Q1 24 | 17.3% | 0.9% |
现金转化率HPLCII
| Q4 25 | — | 4.22× | ||
| Q3 25 | — | 1.55× | ||
| Q2 25 | — | 1.95× | ||
| Q1 25 | 33.89× | 0.86× | ||
| Q4 24 | 2.89× | 11.17× | ||
| Q3 24 | 2.24× | 2.20× | ||
| Q2 24 | 2.23× | 3.15× | ||
| Q1 24 | 1.69× | -0.21× |
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
HP
| North America Solutions | $563.6M | 57% |
| International Solutions Segment | $229.3M | 23% |
| Offshore Solutions | $188.3M | 19% |
LCII
| Travel Trailer And Fifth Wheels | $378.4M | 41% |
| Chassis Chassis Partsand Slideout Mechanisms | $206.1M | 22% |
| Furnitureand Mattresses | $120.4M | 13% |
| Appliances | $69.9M | 7% |
| Other Products | $69.1M | 7% |
| Axlesand Suspension Solutions | $62.3M | 7% |
| Motorhomes | $34.2M | 4% |
