vs
Helmerich & Payne, Inc.（HP）与李维斯（LEVI）财务数据对比。点击上方公司名可切换其他公司
李维斯的季度营收约是Helmerich & Payne, Inc.的1.8倍（$1.8B vs $981.1M），李维斯净利率更高（8.9% vs -9.9%，领先18.8%），Helmerich & Payne, Inc.同比增速更快（45.4% vs -4.0%），李维斯自由现金流更多（$215.7M vs $114.9M），过去两年Helmerich & Payne, Inc.的营收复合增速更高（19.7% vs 6.5%）
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。
李维斯（Levi Strauss & Co.）是全球知名的美国服饰企业，凭借旗下Levi's品牌丹宁牛仔裤享誉全球。公司创立于1853年5月，由德裔犹太移民李维·斯特劳斯在旧金山成立，注册地为特拉华州，总部设在旧金山李维斯广场。
HP vs LEVI — 直观对比
营收规模更大
LEVI
是对方的1.8倍
$981.1M
营收增速更快
HP
高出49.5%
-4.0%
净利率更高
LEVI
高出18.8%
-9.9%
自由现金流更多
LEVI
多$100.8M
$114.9M
两年增速更快
HP
近两年复合增速
6.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $981.1M | $1.8B |
| 净利润 | $-96.7M | $158.0M |
| 毛利率 | — | 60.8% |
| 营业利润率 | -6.1% | 11.9% |
| 净利率 | -9.9% | 8.9% |
| 营收同比 | 45.4% | -4.0% |
| 净利润同比 | -276.6% | -13.4% |
| 每股收益（稀释后） | $-0.98 | $0.39 |
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HPLEVI
| Q4 25 | $981.1M | $1.8B | ||
| Q3 25 | $953.8M | $1.5B | ||
| Q2 25 | $1.0B | $1.4B | ||
| Q1 25 | $1.0B | $1.5B | ||
| Q4 24 | $674.6M | $1.8B | ||
| Q3 24 | $691.3M | $1.5B | ||
| Q2 24 | $695.1M | $1.4B | ||
| Q1 24 | $685.1M | $1.6B |
净利润HPLEVI
| Q4 25 | $-96.7M | $158.0M | ||
| Q3 25 | $-57.4M | $218.1M | ||
| Q2 25 | $-162.8M | $67.0M | ||
| Q1 25 | $1.7M | $135.0M | ||
| Q4 24 | $54.8M | $182.5M | ||
| Q3 24 | $75.5M | $20.7M | ||
| Q2 24 | $88.7M | $18.0M | ||
| Q1 24 | $84.8M | $-10.6M |
毛利率HPLEVI
| Q4 25 | — | 60.8% | ||
| Q3 25 | — | 61.7% | ||
| Q2 25 | — | 62.6% | ||
| Q1 25 | — | 62.1% | ||
| Q4 24 | — | 61.3% | ||
| Q3 24 | — | 60.0% | ||
| Q2 24 | — | 60.5% | ||
| Q1 24 | — | 58.2% |
营业利润率HPLEVI
| Q4 25 | -6.1% | 11.9% | ||
| Q3 25 | -0.1% | 10.8% | ||
| Q2 25 | -12.4% | 7.5% | ||
| Q1 25 | 4.2% | 12.5% | ||
| Q4 24 | 13.3% | 11.5% | ||
| Q3 24 | 15.4% | 2.0% | ||
| Q2 24 | 16.0% | 1.5% | ||
| Q1 24 | 16.1% | -0.0% |
净利率HPLEVI
| Q4 25 | -9.9% | 8.9% | ||
| Q3 25 | -6.0% | 14.1% | ||
| Q2 25 | -15.7% | 4.6% | ||
| Q1 25 | 0.2% | 8.8% | ||
| Q4 24 | 8.1% | 9.9% | ||
| Q3 24 | 10.9% | 1.4% | ||
| Q2 24 | 12.8% | 1.2% | ||
| Q1 24 | 12.4% | -0.7% |
每股收益（稀释后）HPLEVI
| Q4 25 | $-0.98 | $0.39 | ||
| Q3 25 | $-0.57 | $0.55 | ||
| Q2 25 | $-1.64 | $0.17 | ||
| Q1 25 | $0.01 | $0.34 | ||
| Q4 24 | $0.54 | $0.46 | ||
| Q3 24 | $0.77 | $0.05 | ||
| Q2 24 | $0.88 | $0.04 | ||
| Q1 24 | $0.84 | $-0.03 |
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 | $848.8M |
| 总债务越低越好 | $2.0B | $1.1B |
| 股东权益账面价值 | $2.7B | $2.3B |
| 总资产 | $6.5B | $6.8B |
| 负债/权益比越低杠杆越低 | 0.75× | 0.46× |
8季度趋势，按日历期对齐
现金及短期投资HPLEVI
| Q4 25 | $269.0M | $848.8M | ||
| Q3 25 | $218.3M | $707.5M | ||
| Q2 25 | $187.4M | $736.7M | ||
| Q1 25 | $195.6M | $574.4M | ||
| Q4 24 | $526.5M | $690.0M | ||
| Q3 24 | $510.3M | $577.1M | ||
| Q2 24 | $289.7M | $641.4M | ||
| Q1 24 | $277.0M | $516.7M |
总债务HPLEVI
| Q4 25 | $2.0B | $1.1B | ||
| Q3 25 | $2.1B | $1.0B | ||
| Q2 25 | $2.2B | $1.0B | ||
| Q1 25 | $2.2B | $987.4M | ||
| Q4 24 | — | $994.0M | ||
| Q3 24 | $1.8B | $1.0B | ||
| Q2 24 | — | $1.0B | ||
| Q1 24 | — | $1.0B |
股东权益HPLEVI
| Q4 25 | $2.7B | $2.3B | ||
| Q3 25 | $2.8B | $2.2B | ||
| Q2 25 | $2.9B | $2.1B | ||
| Q1 25 | $3.1B | $2.0B | ||
| Q4 24 | $2.9B | $2.0B | ||
| Q3 24 | $2.9B | $1.9B | ||
| Q2 24 | $2.9B | $2.0B | ||
| Q1 24 | $2.8B | $2.0B |
总资产HPLEVI
| Q4 25 | $6.5B | $6.8B | ||
| Q3 25 | $6.7B | $6.7B | ||
| Q2 25 | $6.9B | $6.5B | ||
| Q1 25 | $7.2B | $6.2B | ||
| Q4 24 | $5.8B | $6.4B | ||
| Q3 24 | $5.8B | $6.3B | ||
| Q2 24 | $4.5B | $6.2B | ||
| Q1 24 | $4.4B | $6.0B |
负债/权益比HPLEVI
| Q4 25 | 0.75× | 0.46× | ||
| Q3 25 | 0.73× | 0.48× | ||
| Q2 25 | 0.76× | 0.49× | ||
| Q1 25 | 0.73× | 0.49× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | 0.61× | 0.54× | ||
| Q2 24 | — | 0.51× | ||
| Q1 24 | — | 0.51× |
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 | $266.8M |
| 自由现金流经营现金流 - 资本支出 | $114.9M | $215.7M |
| 自由现金流率自由现金流/营收 | 11.7% | 12.2% |
| 资本支出强度资本支出/营收 | 6.9% | 2.9% |
| 现金转化率经营现金流/净利润 | — | 1.69× |
| 过去12个月自由现金流最近4个季度 | $179.6M | $308.2M |
8季度趋势，按日历期对齐
经营现金流HPLEVI
| Q4 25 | $182.4M | $266.8M | ||
| Q3 25 | $206.9M | $24.8M | ||
| Q2 25 | $121.6M | $185.5M | ||
| Q1 25 | $56.0M | $52.5M | ||
| Q4 24 | $158.4M | $297.3M | ||
| Q3 24 | $168.8M | $52.3M | ||
| Q2 24 | $197.4M | $262.8M | ||
| Q1 24 | $143.7M | $286.0M |
自由现金流HPLEVI
| Q4 25 | $114.9M | $215.7M | ||
| Q3 25 | $142.8M | $-39.4M | ||
| Q2 25 | $24.6M | $146.0M | ||
| Q1 25 | $-102.7M | $-14.1M | ||
| Q4 24 | $51.9M | $231.6M | ||
| Q3 24 | $62.8M | $2.3M | ||
| Q2 24 | $63.0M | $222.6M | ||
| Q1 24 | $25.4M | $214.4M |
自由现金流率HPLEVI
| Q4 25 | 11.7% | 12.2% | ||
| Q3 25 | 15.0% | -2.6% | ||
| Q2 25 | 2.4% | 10.1% | ||
| Q1 25 | -10.1% | -0.9% | ||
| Q4 24 | 7.7% | 12.6% | ||
| Q3 24 | 9.1% | 0.2% | ||
| Q2 24 | 9.1% | 15.4% | ||
| Q1 24 | 3.7% | 13.8% |
资本支出强度HPLEVI
| Q4 25 | 6.9% | 2.9% | ||
| Q3 25 | 6.7% | 4.2% | ||
| Q2 25 | 9.3% | 2.7% | ||
| Q1 25 | 15.7% | 4.4% | ||
| Q4 24 | 15.8% | 3.6% | ||
| Q3 24 | 15.3% | 3.3% | ||
| Q2 24 | 19.3% | 2.8% | ||
| Q1 24 | 17.3% | 4.6% |
现金转化率HPLEVI
| Q4 25 | — | 1.69× | ||
| Q3 25 | — | 0.11× | ||
| Q2 25 | — | 2.77× | ||
| Q1 25 | 33.89× | 0.39× | ||
| Q4 24 | 2.89× | 1.63× | ||
| Q3 24 | 2.24× | 2.53× | ||
| Q2 24 | 2.23× | 14.60× | ||
| Q1 24 | 1.69× | — |
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% |
LEVI
| Other | $760.3M | 43% |
| Sales Channel Through Intermediary | $583.2M | 33% |
| Sales Channel Directly To Consumer | $376.0M | 21% |
| Beyond Yoga | $46.3M | 3% |
