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宜瑞安（INGR）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
宜瑞安的季度营收约是越洋钻探的1.7倍（$1.8B vs $1.0B），宜瑞安净利率更高（9.5% vs 2.4%，领先7.1%），越洋钻探同比增速更快（9.6% vs -2.4%），越洋钻探自由现金流更多（$321.0M vs $270.0M），过去两年越洋钻探的营收复合增速更高（16.9% vs -3.4%）
宜瑞安（Ingredion Inc.）是总部位于美国伊利诺伊州的食品饮料配料供应商，主打产品包括淀粉、非转基因甜味剂、甜菊糖、豌豆蛋白等，以玉米、木薯、马铃薯、谷物、果蔬等为原料，产品供应食品、饮料、酿造、制药等多个行业，在全球44个站点拥有约1.2万名员工，客户覆盖超120个国家。
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。
INGR vs RIG — 直观对比
营收规模更大
INGR
是对方的1.7倍
$1.0B
营收增速更快
RIG
高出11.9%
-2.4%
净利率更高
INGR
高出7.1%
2.4%
自由现金流更多
RIG
多$51.0M
$270.0M
两年增速更快
RIG
近两年复合增速
-3.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.0B |
| 净利润 | $167.0M | $25.0M |
| 毛利率 | 24.5% | 42.0% |
| 营业利润率 | 12.5% | 23.0% |
| 净利率 | 9.5% | 2.4% |
| 营收同比 | -2.4% | 9.6% |
| 净利润同比 | 72.2% | 257.1% |
| 每股收益（稀释后） | $2.58 | $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INGRRIG
| Q4 25 | $1.8B | $1.0B | ||
| Q3 25 | $1.8B | $1.0B | ||
| Q2 25 | $1.8B | $988.0M | ||
| Q1 25 | $1.8B | $906.0M | ||
| Q4 24 | $1.8B | $952.0M | ||
| Q3 24 | $1.9B | $948.0M | ||
| Q2 24 | $1.9B | $861.0M | ||
| Q1 24 | $1.9B | $763.0M |
净利润INGRRIG
| Q4 25 | $167.0M | $25.0M | ||
| Q3 25 | $171.0M | $-1.9B | ||
| Q2 25 | $196.0M | $-938.0M | ||
| Q1 25 | $197.0M | $-79.0M | ||
| Q4 24 | $97.0M | $7.0M | ||
| Q3 24 | $188.0M | $-494.0M | ||
| Q2 24 | $148.0M | $-123.0M | ||
| Q1 24 | $216.0M | $98.0M |
毛利率INGRRIG
| Q4 25 | 24.5% | 42.0% | ||
| Q3 25 | 25.1% | 43.2% | ||
| Q2 25 | 26.0% | 39.4% | ||
| Q1 25 | 25.7% | 31.8% | ||
| Q4 24 | 24.9% | 39.2% | ||
| Q3 24 | 25.6% | 40.6% | ||
| Q2 24 | 23.7% | 38.0% | ||
| Q1 24 | 22.2% | 31.5% |
营业利润率INGRRIG
| Q4 25 | 12.5% | 23.0% | ||
| Q3 25 | 13.7% | -163.1% | ||
| Q2 25 | 14.8% | -97.6% | ||
| Q1 25 | 15.2% | 7.1% | ||
| Q4 24 | 9.0% | 13.7% | ||
| Q3 24 | 14.3% | -51.2% | ||
| Q2 24 | 12.8% | -6.9% | ||
| Q1 24 | 11.3% | -0.4% |
净利率INGRRIG
| Q4 25 | 9.5% | 2.4% | ||
| Q3 25 | 9.4% | -187.1% | ||
| Q2 25 | 10.7% | -94.9% | ||
| Q1 25 | 10.9% | -8.7% | ||
| Q4 24 | 5.4% | 0.7% | ||
| Q3 24 | 10.1% | -52.1% | ||
| Q2 24 | 7.9% | -14.3% | ||
| Q1 24 | 11.5% | 12.8% |
每股收益（稀释后）INGRRIG
| Q4 25 | $2.58 | $0.13 | ||
| Q3 25 | $2.61 | $-2.00 | ||
| Q2 25 | $2.99 | $-1.06 | ||
| Q1 25 | $3.00 | $-0.11 | ||
| Q4 24 | $1.43 | $-0.14 | ||
| Q3 24 | $2.83 | $-0.58 | ||
| Q2 24 | $2.22 | $-0.15 | ||
| Q1 24 | $3.23 | $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 | $1.0B | $620.0M |
| 总债务越低越好 | — | $5.2B |
| 股东权益账面价值 | $4.3B | $8.1B |
| 总资产 | $7.9B | $15.6B |
| 负债/权益比越低杠杆越低 | — | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资INGRRIG
| Q4 25 | $1.0B | $620.0M | ||
| Q3 25 | $915.0M | $833.0M | ||
| Q2 25 | $861.0M | $377.0M | ||
| Q1 25 | $837.0M | $263.0M | ||
| Q4 24 | $997.0M | $560.0M | ||
| Q3 24 | $877.0M | $435.0M | ||
| Q2 24 | $505.0M | $475.0M | ||
| Q1 24 | $438.0M | $446.0M |
总债务INGRRIG
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $5.9B | ||
| Q1 25 | — | $5.9B | ||
| Q4 24 | — | $6.2B | ||
| Q3 24 | — | $6.5B | ||
| Q2 24 | — | $6.8B | ||
| Q1 24 | — | $6.8B |
股东权益INGRRIG
| Q4 25 | $4.3B | $8.1B | ||
| Q3 25 | $4.2B | $8.1B | ||
| Q2 25 | $4.2B | $9.4B | ||
| Q1 25 | $4.0B | $10.2B | ||
| Q4 24 | $3.8B | $10.3B | ||
| Q3 24 | $4.0B | $10.2B | ||
| Q2 24 | $3.7B | $10.7B | ||
| Q1 24 | $3.7B | $10.5B |
总资产INGRRIG
| Q4 25 | $7.9B | $15.6B | ||
| Q3 25 | $7.8B | $16.2B | ||
| Q2 25 | $7.8B | $17.8B | ||
| Q1 25 | $7.5B | $19.0B | ||
| Q4 24 | $7.4B | $19.4B | ||
| Q3 24 | $7.5B | $19.5B | ||
| Q2 24 | $7.2B | $20.3B | ||
| Q1 24 | $7.3B | $19.9B |
负债/权益比INGRRIG
| Q4 25 | — | 0.64× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | — | 0.63× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | — | 0.60× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.63× | ||
| Q1 24 | — | 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 | $405.0M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $270.0M | $321.0M |
| 自由现金流率自由现金流/营收 | 15.4% | 30.8% |
| 资本支出强度资本支出/营收 | 7.7% | 2.7% |
| 现金转化率经营现金流/净利润 | 2.43× | 13.96× |
| 过去12个月自由现金流最近4个季度 | $511.0M | $626.0M |
8季度趋势，按日历期对齐
经营现金流INGRRIG
| Q4 25 | $405.0M | $349.0M | ||
| Q3 25 | $277.0M | $246.0M | ||
| Q2 25 | $185.0M | $128.0M | ||
| Q1 25 | $77.0M | $26.0M | ||
| Q4 24 | $436.0M | $206.0M | ||
| Q3 24 | $479.0M | $194.0M | ||
| Q2 24 | $312.0M | $133.0M | ||
| Q1 24 | $209.0M | $-86.0M |
自由现金流INGRRIG
| Q4 25 | $270.0M | $321.0M | ||
| Q3 25 | $172.0M | $235.0M | ||
| Q2 25 | $84.0M | $104.0M | ||
| Q1 25 | $-15.0M | $-34.0M | ||
| Q4 24 | $311.0M | $177.0M | ||
| Q3 24 | $429.0M | $136.0M | ||
| Q2 24 | $257.0M | $49.0M | ||
| Q1 24 | $144.0M | $-169.0M |
自由现金流率INGRRIG
| Q4 25 | 15.4% | 30.8% | ||
| Q3 25 | 9.5% | 22.9% | ||
| Q2 25 | 4.6% | 10.5% | ||
| Q1 25 | -0.8% | -3.8% | ||
| Q4 24 | 17.3% | 18.6% | ||
| Q3 24 | 22.9% | 14.3% | ||
| Q2 24 | 13.7% | 5.7% | ||
| Q1 24 | 7.7% | -22.1% |
资本支出强度INGRRIG
| Q4 25 | 7.7% | 2.7% | ||
| Q3 25 | 5.8% | 1.1% | ||
| Q2 25 | 5.5% | 2.4% | ||
| Q1 25 | 5.1% | 6.6% | ||
| Q4 24 | 6.9% | 3.0% | ||
| Q3 24 | 2.7% | 6.1% | ||
| Q2 24 | 2.9% | 9.8% | ||
| Q1 24 | 3.5% | 10.9% |
现金转化率INGRRIG
| Q4 25 | 2.43× | 13.96× | ||
| Q3 25 | 1.62× | — | ||
| Q2 25 | 0.94× | — | ||
| Q1 25 | 0.39× | — | ||
| Q4 24 | 4.49× | 29.43× | ||
| Q3 24 | 2.55× | — | ||
| Q2 24 | 2.11× | — | ||
| Q1 24 | 0.97× | -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
INGR
| Food And Industrial Ingredients LATAM Segment | $599.0M | 34% |
| Texture And Healthful Solutions Segment | $598.0M | 34% |
| Food And Industrial Ingredients U.S.Canada Segment | $486.0M | 28% |
| Other | $74.0M | 4% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
