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Helmerich & Payne, Inc.（HP）与Valaris Ltd（VAL）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Valaris Ltd的188.7倍（$981.1M vs $5.2M）。Valaris Ltd净利率更高（13798.1% vs -9.9%，领先13807.9%）。Valaris Ltd同比增速更快（405.9% vs 45.4%）。Helmerich & Payne, Inc.自由现金流更多（$114.9M vs $-34.1M）。过去两年Valaris Ltd的营收复合增速更高（41.4% 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。
瓦拉瑞斯有限公司是全球领先的海上钻井承包商，总部位于美国得克萨斯州休斯敦，注册地为百慕大，是全球规模最大的海上钻井及油井钻井服务企业。截至2025年2月，公司共运营52座钻井平台，包含36座海上自升式钻井平台、11艘钻井船以及5座半潜式钻井平台。
HP vs VAL — 直观对比
营收规模更大
HP
是对方的188.7倍
$5.2M
营收增速更快
VAL
高出360.4%
45.4%
净利率更高
VAL
高出13807.9%
-9.9%
自由现金流更多
HP
多$149.0M
$-34.1M
两年增速更快
VAL
近两年复合增速
19.7%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $981.1M | $5.2M |
| 净利润 | $-96.7M | $717.5M |
| 毛利率 | — | -7850.0% |
| 营业利润率 | -6.1% | — |
| 净利率 | -9.9% | 13798.1% |
| 营收同比 | 45.4% | 405.9% |
| 净利润同比 | -276.6% | 436.6% |
| 每股收益（稀释后） | $-0.98 | $10.13 |
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HPVAL
| Q4 25 | $981.1M | $5.2M | ||
| Q3 25 | $953.8M | $5.6M | ||
| Q2 25 | $1.0B | $700.0K | ||
| Q1 25 | $1.0B | $400.0K | ||
| Q4 24 | $674.6M | $-1.7M | ||
| Q3 24 | $691.3M | $3.9M | ||
| Q2 24 | $695.1M | $4.8M | ||
| Q1 24 | $685.1M | $2.6M |
净利润HPVAL
| Q4 25 | $-96.7M | $717.5M | ||
| Q3 25 | $-57.4M | $188.1M | ||
| Q2 25 | $-162.8M | $115.1M | ||
| Q1 25 | $1.7M | $-37.9M | ||
| Q4 24 | $54.8M | $133.7M | ||
| Q3 24 | $75.5M | $64.6M | ||
| Q2 24 | $88.7M | $149.6M | ||
| Q1 24 | $84.8M | $25.5M |
毛利率HPVAL
| Q4 25 | — | -7850.0% | ||
| Q3 25 | — | -7142.9% | ||
| Q2 25 | — | -56428.6% | ||
| Q1 25 | — | -103650.0% | ||
| Q4 24 | — | 24529.4% | ||
| Q3 24 | — | -11748.7% | ||
| Q2 24 | — | -9039.6% | ||
| Q1 24 | — | -17007.7% |
营业利润率HPVAL
| Q4 25 | -6.1% | — | ||
| Q3 25 | -0.1% | — | ||
| Q2 25 | -12.4% | — | ||
| Q1 25 | 4.2% | — | ||
| Q4 24 | 13.3% | — | ||
| Q3 24 | 15.4% | — | ||
| Q2 24 | 16.0% | — | ||
| Q1 24 | 16.1% | — |
净利率HPVAL
| Q4 25 | -9.9% | 13798.1% | ||
| Q3 25 | -6.0% | 3358.9% | ||
| Q2 25 | -15.7% | 16442.9% | ||
| Q1 25 | 0.2% | -9475.0% | ||
| Q4 24 | 8.1% | -7864.7% | ||
| Q3 24 | 10.9% | 1656.4% | ||
| Q2 24 | 12.8% | 3116.7% | ||
| Q1 24 | 12.4% | 980.8% |
每股收益（稀释后）HPVAL
| Q4 25 | $-0.98 | $10.13 | ||
| Q3 25 | $-0.57 | $2.65 | ||
| Q2 25 | $-1.64 | $1.61 | ||
| Q1 25 | $0.01 | $-0.53 | ||
| Q4 24 | $0.54 | $1.86 | ||
| Q3 24 | $0.77 | $0.88 | ||
| Q2 24 | $0.88 | $2.03 | ||
| Q1 24 | $0.84 | $0.35 |
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 | $599.4M |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $2.7B | $3.2B |
| 总资产 | $6.5B | $5.3B |
| 负债/权益比越低杠杆越低 | 0.75× | — |
8季度趋势，按日历期对齐
现金及短期投资HPVAL
| Q4 25 | $269.0M | $599.4M | ||
| Q3 25 | $218.3M | $662.7M | ||
| Q2 25 | $187.4M | $503.4M | ||
| Q1 25 | $195.6M | $441.4M | ||
| Q4 24 | $526.5M | $368.2M | ||
| Q3 24 | $510.3M | $379.3M | ||
| Q2 24 | $289.7M | $398.3M | ||
| Q1 24 | $277.0M | $494.1M |
总债务HPVAL
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益HPVAL
| Q4 25 | $2.7B | $3.2B | ||
| Q3 25 | $2.8B | $2.4B | ||
| Q2 25 | $2.9B | $2.3B | ||
| Q1 25 | $3.1B | $2.2B | ||
| Q4 24 | $2.9B | $2.2B | ||
| Q3 24 | $2.9B | $2.1B | ||
| Q2 24 | $2.9B | $2.2B | ||
| Q1 24 | $2.8B | $2.0B |
总资产HPVAL
| Q4 25 | $6.5B | $5.3B | ||
| Q3 25 | $6.7B | $4.6B | ||
| Q2 25 | $6.9B | $4.5B | ||
| Q1 25 | $7.2B | $4.4B | ||
| Q4 24 | $5.8B | $4.4B | ||
| Q3 24 | $5.8B | $4.3B | ||
| Q2 24 | $4.5B | $4.4B | ||
| Q1 24 | $4.4B | $4.4B |
负债/权益比HPVAL
| Q4 25 | 0.75× | — | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.76× | — | ||
| Q1 25 | 0.73× | — | ||
| Q4 24 | — | — | ||
| 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 | $72.2M |
| 自由现金流经营现金流 - 资本支出 | $114.9M | $-34.1M |
| 自由现金流率自由现金流/营收 | 11.7% | -655.8% |
| 资本支出强度资本支出/营收 | 6.9% | 2044.2% |
| 现金转化率经营现金流/净利润 | — | 0.10× |
| 过去12个月自由现金流最近4个季度 | $179.6M | $202.7M |
8季度趋势，按日历期对齐
经营现金流HPVAL
| Q4 25 | $182.4M | $72.2M | ||
| Q3 25 | $206.9M | $198.1M | ||
| Q2 25 | $121.6M | $120.0M | ||
| Q1 25 | $56.0M | $155.9M | ||
| Q4 24 | $158.4M | $124.6M | ||
| Q3 24 | $168.8M | $193.0M | ||
| Q2 24 | $197.4M | $11.5M | ||
| Q1 24 | $143.7M | $26.3M |
自由现金流HPVAL
| Q4 25 | $114.9M | $-34.1M | ||
| Q3 25 | $142.8M | $128.3M | ||
| Q2 25 | $24.6M | $52.8M | ||
| Q1 25 | $-102.7M | $55.7M | ||
| Q4 24 | $51.9M | $12.9M | ||
| Q3 24 | $62.8M | $111.1M | ||
| Q2 24 | $63.0M | $-98.7M | ||
| Q1 24 | $25.4M | $-125.0M |
自由现金流率HPVAL
| Q4 25 | 11.7% | -655.8% | ||
| Q3 25 | 15.0% | 2291.1% | ||
| Q2 25 | 2.4% | 7542.9% | ||
| Q1 25 | -10.1% | 13925.0% | ||
| Q4 24 | 7.7% | -758.8% | ||
| Q3 24 | 9.1% | 2848.7% | ||
| Q2 24 | 9.1% | -2056.3% | ||
| Q1 24 | 3.7% | -4807.7% |
资本支出强度HPVAL
| Q4 25 | 6.9% | 2044.2% | ||
| Q3 25 | 6.7% | 1246.4% | ||
| Q2 25 | 9.3% | 9600.0% | ||
| Q1 25 | 15.7% | 25050.0% | ||
| Q4 24 | 15.8% | -6570.6% | ||
| Q3 24 | 15.3% | 2100.0% | ||
| Q2 24 | 19.3% | 2295.8% | ||
| Q1 24 | 17.3% | 5819.2% |
现金转化率HPVAL
| Q4 25 | — | 0.10× | ||
| Q3 25 | — | 1.05× | ||
| Q2 25 | — | 1.04× | ||
| Q1 25 | 33.89× | — | ||
| Q4 24 | 2.89× | 0.93× | ||
| Q3 24 | 2.24× | 2.99× | ||
| Q2 24 | 2.23× | 0.08× | ||
| Q1 24 | 1.69× | 1.03× |
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% |
VAL
暂无分部数据
