vs
Helmerich & Payne, Inc.（HP）与罗布乐思（RBLX）财务数据对比。点击上方公司名可切换其他公司
罗布乐思的季度营收约是Helmerich & Payne, Inc.的1.4倍（$1.4B vs $981.1M），Helmerich & Payne, Inc.净利率更高（-9.9% vs -22.3%，领先12.5%），Helmerich & Payne, Inc.同比增速更快（45.4% vs 43.2%），罗布乐思自由现金流更多（$308.6M vs $114.9M），过去两年罗布乐思的营收复合增速更高（32.9% vs 19.7%）
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。
罗布乐思（Roblox Corporation）是总部位于美国加利福尼亚州圣马特奥的游戏企业，由大卫·巴斯祖奇与埃里克·卡塞尔于2004年共同创立。公司核心产品为同名线上游戏创作平台Roblox，于2006年正式上线，截至2024年12月底全球员工规模已超2400人。
HP vs RBLX — 直观对比
营收规模更大
RBLX
是对方的1.4倍
$981.1M
营收增速更快
HP
高出2.2%
43.2%
净利率更高
HP
高出12.5%
-22.3%
自由现金流更多
RBLX
多$193.7M
$114.9M
两年增速更快
RBLX
近两年复合增速
19.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $981.1M | $1.4B |
| 净利润 | $-96.7M | $-316.0M |
| 毛利率 | — | 77.7% |
| 营业利润率 | -6.1% | -25.3% |
| 净利率 | -9.9% | -22.3% |
| 营收同比 | 45.4% | 43.2% |
| 净利润同比 | -276.6% | -43.9% |
| 每股收益（稀释后） | $-0.98 | $-0.44 |
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HPRBLX
| Q4 25 | $981.1M | $1.4B | ||
| Q3 25 | $953.8M | $1.4B | ||
| Q2 25 | $1.0B | $1.1B | ||
| Q1 25 | $1.0B | $1.0B | ||
| Q4 24 | $674.6M | $988.2M | ||
| Q3 24 | $691.3M | $919.0M | ||
| Q2 24 | $695.1M | $893.5M | ||
| Q1 24 | $685.1M | $801.3M |
净利润HPRBLX
| Q4 25 | $-96.7M | $-316.0M | ||
| Q3 25 | $-57.4M | $-255.6M | ||
| Q2 25 | $-162.8M | $-278.4M | ||
| Q1 25 | $1.7M | $-215.1M | ||
| Q4 24 | $54.8M | $-219.6M | ||
| Q3 24 | $75.5M | $-239.3M | ||
| Q2 24 | $88.7M | $-205.9M | ||
| Q1 24 | $84.8M | $-270.6M |
毛利率HPRBLX
| Q4 25 | — | 77.7% | ||
| Q3 25 | — | 78.2% | ||
| Q2 25 | — | 78.2% | ||
| Q1 25 | — | 78.3% | ||
| Q4 24 | — | 77.9% | ||
| Q3 24 | — | 77.7% | ||
| Q2 24 | — | 77.8% | ||
| Q1 24 | — | 77.7% |
营业利润率HPRBLX
| Q4 25 | -6.1% | -25.3% | ||
| Q3 25 | -0.1% | -21.8% | ||
| Q2 25 | -12.4% | -29.8% | ||
| Q1 25 | 4.2% | -24.6% | ||
| Q4 24 | 13.3% | -24.7% | ||
| Q3 24 | 15.4% | -30.4% | ||
| Q2 24 | 16.0% | -26.6% | ||
| Q1 24 | 16.1% | -37.7% |
净利率HPRBLX
| Q4 25 | -9.9% | -22.3% | ||
| Q3 25 | -6.0% | -18.8% | ||
| Q2 25 | -15.7% | -25.8% | ||
| Q1 25 | 0.2% | -20.8% | ||
| Q4 24 | 8.1% | -22.2% | ||
| Q3 24 | 10.9% | -26.0% | ||
| Q2 24 | 12.8% | -23.0% | ||
| Q1 24 | 12.4% | -33.8% |
每股收益（稀释后）HPRBLX
| Q4 25 | $-0.98 | $-0.44 | ||
| Q3 25 | $-0.57 | $-0.37 | ||
| Q2 25 | $-1.64 | $-0.41 | ||
| Q1 25 | $0.01 | $-0.32 | ||
| Q4 24 | $0.54 | $-0.32 | ||
| Q3 24 | $0.77 | $-0.37 | ||
| Q2 24 | $0.88 | $-0.32 | ||
| Q1 24 | $0.84 | $-0.43 |
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 | $3.1B |
| 总债务越低越好 | $2.0B | $1.2B |
| 股东权益账面价值 | $2.7B | $394.5M |
| 总资产 | $6.5B | $9.6B |
| 负债/权益比越低杠杆越低 | 0.75× | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资HPRBLX
| Q4 25 | $269.0M | $3.1B | ||
| Q3 25 | $218.3M | $2.9B | ||
| Q2 25 | $187.4M | $2.6B | ||
| Q1 25 | $195.6M | $2.7B | ||
| Q4 24 | $526.5M | $2.4B | ||
| Q3 24 | $510.3M | $2.3B | ||
| Q2 24 | $289.7M | $2.4B | ||
| Q1 24 | $277.0M | $2.4B |
总债务HPRBLX
| Q4 25 | $2.0B | $1.2B | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益HPRBLX
| Q4 25 | $2.7B | $394.5M | ||
| Q3 25 | $2.8B | $407.6M | ||
| Q2 25 | $2.9B | $353.2M | ||
| Q1 25 | $3.1B | $310.7M | ||
| Q4 24 | $2.9B | $221.4M | ||
| Q3 24 | $2.9B | $189.9M | ||
| Q2 24 | $2.9B | $121.5M | ||
| Q1 24 | $2.8B | $71.6M |
总资产HPRBLX
| Q4 25 | $6.5B | $9.6B | ||
| Q3 25 | $6.7B | $8.6B | ||
| Q2 25 | $6.9B | $7.8B | ||
| Q1 25 | $7.2B | $7.5B | ||
| Q4 24 | $5.8B | $7.2B | ||
| Q3 24 | $5.8B | $6.7B | ||
| Q2 24 | $4.5B | $6.5B | ||
| Q1 24 | $4.4B | $6.3B |
负债/权益比HPRBLX
| Q4 25 | 0.75× | 2.98× | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.76× | — | ||
| Q1 25 | 0.73× | — | ||
| Q4 24 | — | 5.48× | ||
| Q3 24 | 0.61× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $114.9M | $308.6M |
| 自由现金流率自由现金流/营收 | 11.7% | 21.8% |
| 资本支出强度资本支出/营收 | 6.9% | 21.1% |
| 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 | $1.4B |
8季度趋势，按日历期对齐
经营现金流HPRBLX
| Q4 25 | $182.4M | $607.0M | ||
| Q3 25 | $206.9M | $546.2M | ||
| Q2 25 | $121.6M | $199.3M | ||
| Q1 25 | $56.0M | $443.9M | ||
| Q4 24 | $158.4M | $184.5M | ||
| Q3 24 | $168.8M | $247.4M | ||
| Q2 24 | $197.4M | $151.4M | ||
| Q1 24 | $143.7M | $238.9M |
自由现金流HPRBLX
| Q4 25 | $114.9M | $308.6M | ||
| Q3 25 | $142.8M | $443.6M | ||
| Q2 25 | $24.6M | $176.7M | ||
| Q1 25 | $-102.7M | $426.5M | ||
| Q4 24 | $51.9M | $120.6M | ||
| Q3 24 | $62.8M | $218.0M | ||
| Q2 24 | $63.0M | $111.7M | ||
| Q1 24 | $25.4M | $192.3M |
自由现金流率HPRBLX
| Q4 25 | 11.7% | 21.8% | ||
| Q3 25 | 15.0% | 32.6% | ||
| Q2 25 | 2.4% | 16.3% | ||
| Q1 25 | -10.1% | 41.2% | ||
| Q4 24 | 7.7% | 12.2% | ||
| Q3 24 | 9.1% | 23.7% | ||
| Q2 24 | 9.1% | 12.5% | ||
| Q1 24 | 3.7% | 24.0% |
资本支出强度HPRBLX
| Q4 25 | 6.9% | 21.1% | ||
| Q3 25 | 6.7% | 7.5% | ||
| Q2 25 | 9.3% | 2.1% | ||
| Q1 25 | 15.7% | 1.7% | ||
| Q4 24 | 15.8% | 6.5% | ||
| Q3 24 | 15.3% | 3.2% | ||
| Q2 24 | 19.3% | 4.4% | ||
| Q1 24 | 17.3% | 5.8% |
现金转化率HPRBLX
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 33.89× | — | ||
| Q4 24 | 2.89× | — | ||
| Q3 24 | 2.24× | — | ||
| Q2 24 | 2.23× | — | ||
| 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% |
RBLX
暂无分部数据
