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Helmerich & Payne, Inc.（HP）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
Helmerich & Payne, Inc.的季度营收约是美泰的1.1倍（$981.1M vs $862.2M），美泰净利率更高（7.1% vs -9.9%，领先16.9%），Helmerich & Payne, Inc.同比增速更快（45.4% vs 4.3%），Helmerich & Payne, Inc.自由现金流更多（$114.9M vs $-88.1M），过去两年Helmerich & Payne, Inc.的营收复合增速更高（19.7% vs -10.6%）
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。
美泰是美国知名玩具及娱乐企业，旗下影视制作部门美泰影业运营时间为2018年9月6日至2025年6月2日。其前身为2013年10月16日成立的美泰Playground Productions，更早可追溯至美泰娱乐、美泰工作室等集团原有娱乐业务品牌。
HP vs MAT — 直观对比
营收规模更大
HP
是对方的1.1倍
$862.2M
营收增速更快
HP
高出41.1%
4.3%
净利率更高
MAT
高出16.9%
-9.9%
自由现金流更多
HP
多$203.0M
$-88.1M
两年增速更快
HP
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $981.1M | $862.2M |
| 净利润 | $-96.7M | $61.0M |
| 毛利率 | — | 44.9% |
| 营业利润率 | -6.1% | — |
| 净利率 | -9.9% | 7.1% |
| 营收同比 | 45.4% | 4.3% |
| 净利润同比 | -276.6% | 251.4% |
| 每股收益（稀释后） | $-0.98 | $0.20 |
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HPMAT
| Q1 26 | — | $862.2M | ||
| Q4 25 | $981.1M | $1.8B | ||
| Q3 25 | $953.8M | $1.7B | ||
| Q2 25 | $1.0B | $1.0B | ||
| Q1 25 | $1.0B | $826.6M | ||
| Q4 24 | $674.6M | $1.6B | ||
| Q3 24 | $691.3M | $1.8B | ||
| Q2 24 | $695.1M | $1.1B |
净利润HPMAT
| Q1 26 | — | $61.0M | ||
| Q4 25 | $-96.7M | $106.2M | ||
| Q3 25 | $-57.4M | $278.4M | ||
| Q2 25 | $-162.8M | $53.4M | ||
| Q1 25 | $1.7M | $-40.3M | ||
| Q4 24 | $54.8M | $140.9M | ||
| Q3 24 | $75.5M | $372.4M | ||
| Q2 24 | $88.7M | $56.9M |
毛利率HPMAT
| Q1 26 | — | 44.9% | ||
| Q4 25 | — | 45.9% | ||
| Q3 25 | — | 50.0% | ||
| Q2 25 | — | 50.9% | ||
| Q1 25 | — | 49.4% | ||
| Q4 24 | — | 50.7% | ||
| Q3 24 | — | 53.1% | ||
| Q2 24 | — | 49.2% |
营业利润率HPMAT
| Q1 26 | — | — | ||
| Q4 25 | -6.1% | 8.0% | ||
| Q3 25 | -0.1% | 21.9% | ||
| Q2 25 | -12.4% | 7.7% | ||
| Q1 25 | 4.2% | -6.4% | ||
| Q4 24 | 13.3% | 9.6% | ||
| Q3 24 | 15.4% | 26.5% | ||
| Q2 24 | 16.0% | 7.7% |
净利率HPMAT
| Q1 26 | — | 7.1% | ||
| Q4 25 | -9.9% | 6.0% | ||
| Q3 25 | -6.0% | 16.0% | ||
| Q2 25 | -15.7% | 5.2% | ||
| Q1 25 | 0.2% | -4.9% | ||
| Q4 24 | 8.1% | 8.6% | ||
| Q3 24 | 10.9% | 20.2% | ||
| Q2 24 | 12.8% | 5.3% |
每股收益（稀释后）HPMAT
| Q1 26 | — | $0.20 | ||
| Q4 25 | $-0.98 | $0.32 | ||
| Q3 25 | $-0.57 | $0.88 | ||
| Q2 25 | $-1.64 | $0.16 | ||
| Q1 25 | $0.01 | $-0.12 | ||
| Q4 24 | $0.54 | $0.40 | ||
| Q3 24 | $0.77 | $1.09 | ||
| Q2 24 | $0.88 | $0.17 |
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 | $866.0M |
| 总债务越低越好 | $2.0B | $2.3B |
| 股东权益账面价值 | $2.7B | $2.1B |
| 总资产 | $6.5B | $6.3B |
| 负债/权益比越低杠杆越低 | 0.75× | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资HPMAT
| Q1 26 | — | $866.0M | ||
| Q4 25 | $269.0M | $1.2B | ||
| Q3 25 | $218.3M | $691.9M | ||
| Q2 25 | $187.4M | $870.5M | ||
| Q1 25 | $195.6M | $1.2B | ||
| Q4 24 | $526.5M | $1.4B | ||
| Q3 24 | $510.3M | $723.5M | ||
| Q2 24 | $289.7M | $722.4M |
总债务HPMAT
| Q1 26 | — | $2.3B | ||
| Q4 25 | $2.0B | $2.3B | ||
| Q3 25 | $2.1B | $2.3B | ||
| Q2 25 | $2.2B | $2.3B | ||
| Q1 25 | $2.2B | $2.3B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | $1.8B | $2.3B | ||
| Q2 24 | — | $2.3B |
股东权益HPMAT
| Q1 26 | — | $2.1B | ||
| Q4 25 | $2.7B | $2.2B | ||
| Q3 25 | $2.8B | $2.3B | ||
| Q2 25 | $2.9B | $2.2B | ||
| Q1 25 | $3.1B | $2.1B | ||
| Q4 24 | $2.9B | $2.3B | ||
| Q3 24 | $2.9B | $2.3B | ||
| Q2 24 | $2.9B | $2.0B |
总资产HPMAT
| Q1 26 | — | $6.3B | ||
| Q4 25 | $6.5B | $6.6B | ||
| Q3 25 | $6.7B | $6.6B | ||
| Q2 25 | $6.9B | $6.2B | ||
| Q1 25 | $7.2B | $6.2B | ||
| Q4 24 | $5.8B | $6.5B | ||
| Q3 24 | $5.8B | $6.5B | ||
| Q2 24 | $4.5B | $5.9B |
负债/权益比HPMAT
| Q1 26 | — | 1.11× | ||
| Q4 25 | 0.75× | 1.04× | ||
| Q3 25 | 0.73× | 1.03× | ||
| Q2 25 | 0.76× | 1.08× | ||
| Q1 25 | 0.73× | 1.10× | ||
| Q4 24 | — | 1.03× | ||
| Q3 24 | 0.61× | 1.01× | ||
| Q2 24 | — | 1.18× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $114.9M | $-88.1M |
| 自由现金流率自由现金流/营收 | 11.7% | -10.2% |
| 资本支出强度资本支出/营收 | 6.9% | 7.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $179.6M | — |
8季度趋势，按日历期对齐
经营现金流HPMAT
| Q1 26 | — | — | ||
| Q4 25 | $182.4M | $796.6M | ||
| Q3 25 | $206.9M | $72.0M | ||
| Q2 25 | $121.6M | $-300.1M | ||
| Q1 25 | $56.0M | $24.8M | ||
| Q4 24 | $158.4M | $862.1M | ||
| Q3 24 | $168.8M | $155.8M | ||
| Q2 24 | $197.4M | $-252.9M |
自由现金流HPMAT
| Q1 26 | — | $-88.1M | ||
| Q4 25 | $114.9M | — | ||
| Q3 25 | $142.8M | — | ||
| Q2 25 | $24.6M | — | ||
| Q1 25 | $-102.7M | — | ||
| Q4 24 | $51.9M | — | ||
| Q3 24 | $62.8M | — | ||
| Q2 24 | $63.0M | — |
自由现金流率HPMAT
| Q1 26 | — | -10.2% | ||
| Q4 25 | 11.7% | — | ||
| Q3 25 | 15.0% | — | ||
| Q2 25 | 2.4% | — | ||
| Q1 25 | -10.1% | — | ||
| Q4 24 | 7.7% | — | ||
| Q3 24 | 9.1% | — | ||
| Q2 24 | 9.1% | — |
资本支出强度HPMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | 6.9% | — | ||
| Q3 25 | 6.7% | — | ||
| Q2 25 | 9.3% | — | ||
| Q1 25 | 15.7% | — | ||
| Q4 24 | 15.8% | — | ||
| Q3 24 | 15.3% | — | ||
| Q2 24 | 19.3% | — |
现金转化率HPMAT
| Q1 26 | — | — | ||
| Q4 25 | — | 7.50× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | -5.62× | ||
| Q1 25 | 33.89× | — | ||
| Q4 24 | 2.89× | 6.12× | ||
| Q3 24 | 2.24× | 0.42× | ||
| Q2 24 | 2.23× | -4.45× |
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% |
MAT
暂无分部数据
