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杜克能源（HPK）与越洋钻探（RIG）财务数据对比。点击上方公司名可切换其他公司
越洋钻探的季度营收约是杜克能源的4.8倍（$1.0B vs $216.6M）。越洋钻探净利率更高（2.4% vs -11.6%，领先14.0%）。越洋钻探同比增速更快（9.6% vs -23.3%）。过去两年越洋钻探的营收复合增速更高（16.9% vs -13.2%）
杜克能源公司是一家总部位于美国北卡罗来纳州夏洛特市的美国电力与天然气控股集团，为美国东部地区超过700万客户提供能源服务，在2024年《财富》美国500强榜单中位列第141位，是该公司有史以来获得的最高排名。
越洋钻探（Transocean Ltd.）是按营收计全球规模最大的海上钻探承包商，总部位于瑞士施泰因豪森，起源于美国，目前在加拿大、美国、挪威、英国、印度、巴西、新加坡等20个国家设有办事机构，业务覆盖全球主要海上油气开采区域。
HPK vs RIG — 直观对比
营收规模更大
RIG
是对方的4.8倍
$216.6M
营收增速更快
RIG
高出32.9%
-23.3%
净利率更高
RIG
高出14.0%
-11.6%
两年增速更快
RIG
近两年复合增速
-13.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $216.6M | $1.0B |
| 净利润 | $-25.2M | $25.0M |
| 毛利率 | — | 42.0% |
| 营业利润率 | -7.6% | 23.0% |
| 净利率 | -11.6% | 2.4% |
| 营收同比 | -23.3% | 9.6% |
| 净利润同比 | -380.7% | 257.1% |
| 每股收益（稀释后） | $-0.16 | $0.13 |
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HPKRIG
| Q4 25 | $216.6M | $1.0B | ||
| Q3 25 | $188.9M | $1.0B | ||
| Q2 25 | $200.4M | $988.0M | ||
| Q1 25 | $257.4M | $906.0M | ||
| Q4 24 | $282.6M | $952.0M | ||
| Q3 24 | $271.6M | $948.0M | ||
| Q2 24 | $275.3M | $861.0M | ||
| Q1 24 | $287.8M | $763.0M |
净利润HPKRIG
| Q4 25 | $-25.2M | $25.0M | ||
| Q3 25 | $-18.3M | $-1.9B | ||
| Q2 25 | $26.2M | $-938.0M | ||
| Q1 25 | $36.3M | $-79.0M | ||
| Q4 24 | $9.0M | $7.0M | ||
| Q3 24 | $49.9M | $-494.0M | ||
| Q2 24 | $29.7M | $-123.0M | ||
| Q1 24 | $6.4M | $98.0M |
毛利率HPKRIG
| Q4 25 | — | 42.0% | ||
| Q3 25 | — | 43.2% | ||
| Q2 25 | — | 39.4% | ||
| Q1 25 | — | 31.8% | ||
| Q4 24 | — | 39.2% | ||
| Q3 24 | — | 40.6% | ||
| Q2 24 | — | 38.0% | ||
| Q1 24 | — | 31.5% |
营业利润率HPKRIG
| Q4 25 | -7.6% | 23.0% | ||
| Q3 25 | 17.3% | -163.1% | ||
| Q2 25 | 21.7% | -97.6% | ||
| Q1 25 | 35.1% | 7.1% | ||
| Q4 24 | 26.1% | 13.7% | ||
| Q3 24 | 27.0% | -51.2% | ||
| Q2 24 | 31.7% | -6.9% | ||
| Q1 24 | 35.8% | -0.4% |
净利率HPKRIG
| Q4 25 | -11.6% | 2.4% | ||
| Q3 25 | -9.7% | -187.1% | ||
| Q2 25 | 13.1% | -94.9% | ||
| Q1 25 | 14.1% | -8.7% | ||
| Q4 24 | 3.2% | 0.7% | ||
| Q3 24 | 18.4% | -52.1% | ||
| Q2 24 | 10.8% | -14.3% | ||
| Q1 24 | 2.2% | 12.8% |
每股收益（稀释后）HPKRIG
| Q4 25 | $-0.16 | $0.13 | ||
| Q3 25 | $-0.15 | $-2.00 | ||
| Q2 25 | $0.19 | $-1.06 | ||
| Q1 25 | $0.26 | $-0.11 | ||
| Q4 24 | $0.06 | $-0.14 | ||
| Q3 24 | $0.35 | $-0.58 | ||
| Q2 24 | $0.21 | $-0.15 | ||
| Q1 24 | $0.05 | $0.11 |
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 | $162.1M | $620.0M |
| 总债务越低越好 | $1.2B | $5.2B |
| 股东权益账面价值 | $1.6B | $8.1B |
| 总资产 | $3.2B | $15.6B |
| 负债/权益比越低杠杆越低 | 0.75× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资HPKRIG
| Q4 25 | $162.1M | $620.0M | ||
| Q3 25 | $164.9M | $833.0M | ||
| Q2 25 | $21.9M | $377.0M | ||
| Q1 25 | $51.6M | $263.0M | ||
| Q4 24 | $86.6M | $560.0M | ||
| Q3 24 | $135.6M | $435.0M | ||
| Q2 24 | $157.9M | $475.0M | ||
| Q1 24 | $173.4M | $446.0M |
总债务HPKRIG
| Q4 25 | $1.2B | $5.2B | ||
| Q3 25 | $1.2B | $4.8B | ||
| Q2 25 | $1.0B | $5.9B | ||
| Q1 25 | $1.0B | $5.9B | ||
| Q4 24 | $1.0B | $6.2B | ||
| Q3 24 | $1.1B | $6.5B | ||
| Q2 24 | $1.1B | $6.8B | ||
| Q1 24 | $1.1B | $6.8B |
股东权益HPKRIG
| Q4 25 | $1.6B | $8.1B | ||
| Q3 25 | $1.6B | $8.1B | ||
| Q2 25 | $1.7B | $9.4B | ||
| Q1 25 | $1.6B | $10.2B | ||
| Q4 24 | $1.6B | $10.3B | ||
| Q3 24 | $1.6B | $10.2B | ||
| Q2 24 | $1.6B | $10.7B | ||
| Q1 24 | $1.5B | $10.5B |
总资产HPKRIG
| Q4 25 | $3.2B | $15.6B | ||
| Q3 25 | $3.2B | $16.2B | ||
| Q2 25 | $3.1B | $17.8B | ||
| Q1 25 | $3.1B | $19.0B | ||
| Q4 24 | $3.1B | $19.4B | ||
| Q3 24 | $3.1B | $19.5B | ||
| Q2 24 | $3.1B | $20.3B | ||
| Q1 24 | $3.1B | $19.9B |
负债/权益比HPKRIG
| Q4 25 | 0.75× | 0.64× | ||
| Q3 25 | 0.73× | 0.60× | ||
| Q2 25 | 0.62× | 0.63× | ||
| Q1 25 | 0.63× | 0.58× | ||
| Q4 24 | 0.65× | 0.60× | ||
| Q3 24 | 0.67× | 0.64× | ||
| Q2 24 | 0.70× | 0.63× | ||
| Q1 24 | 0.73× | 0.65× |
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 | $93.1M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | — | $321.0M |
| 自由现金流率自由现金流/营收 | — | 30.8% |
| 资本支出强度资本支出/营收 | — | 2.7% |
| 现金转化率经营现金流/净利润 | — | 13.96× |
| 过去12个月自由现金流最近4个季度 | — | $626.0M |
8季度趋势，按日历期对齐
经营现金流HPKRIG
| Q4 25 | $93.1M | $349.0M | ||
| Q3 25 | $120.2M | $246.0M | ||
| Q2 25 | $141.2M | $128.0M | ||
| Q1 25 | $157.1M | $26.0M | ||
| Q4 24 | $139.5M | $206.0M | ||
| Q3 24 | $177.1M | $194.0M | ||
| Q2 24 | $202.3M | $133.0M | ||
| Q1 24 | $171.4M | $-86.0M |
自由现金流HPKRIG
| Q4 25 | — | $321.0M | ||
| Q3 25 | — | $235.0M | ||
| Q2 25 | — | $104.0M | ||
| Q1 25 | — | $-34.0M | ||
| Q4 24 | — | $177.0M | ||
| Q3 24 | — | $136.0M | ||
| Q2 24 | — | $49.0M | ||
| Q1 24 | — | $-169.0M |
自由现金流率HPKRIG
| Q4 25 | — | 30.8% | ||
| Q3 25 | — | 22.9% | ||
| Q2 25 | — | 10.5% | ||
| Q1 25 | — | -3.8% | ||
| Q4 24 | — | 18.6% | ||
| Q3 24 | — | 14.3% | ||
| Q2 24 | — | 5.7% | ||
| Q1 24 | — | -22.1% |
资本支出强度HPKRIG
| Q4 25 | — | 2.7% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 2.4% | ||
| Q1 25 | — | 6.6% | ||
| Q4 24 | — | 3.0% | ||
| Q3 24 | — | 6.1% | ||
| Q2 24 | — | 9.8% | ||
| Q1 24 | — | 10.9% |
现金转化率HPKRIG
| Q4 25 | — | 13.96× | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.39× | — | ||
| Q1 25 | 4.32× | — | ||
| Q4 24 | 15.53× | 29.43× | ||
| Q3 24 | 3.55× | — | ||
| Q2 24 | 6.81× | — | ||
| Q1 24 | 26.63× | -0.88× |
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
HPK
| Crude Oil Sales | $152.1M | 70% |
| Natural Gas And NGL Sales | $60.8M | 28% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
