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KAISER ALUMINUM CORP（KALU）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KAISER ALUMINUM CORP的1.1倍（$1.0B vs $929.0M），KAISER ALUMINUM CORP净利率更高（3.0% vs 2.4%，领先0.6%），KAISER ALUMINUM CORP同比增速更快（21.4% vs 9.6%），越洋钻探自由现金流更多（$321.0M vs $-51.1M），过去两年越洋钻探的营收复合增速更高（16.9% vs 12.2%）
凯撒铝业是美国知名铝产品生产商，前身为凯撒铝业化工公司。其历史可追溯至Permanente Metals公司，该公司公开发行普通股后更名为凯撒铝业化工公司，后续拆分出现在的凯撒铝业，深耕铝材料生产领域，为下游多行业提供铝制品解决方案。
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。
KALU vs RIG — 直观对比
营收规模更大
RIG
是对方的1.1倍
$929.0M
营收增速更快
KALU
高出11.8%
9.6%
净利率更高
KALU
高出0.6%
2.4%
自由现金流更多
RIG
多$372.1M
$-51.1M
两年增速更快
RIG
近两年复合增速
12.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $929.0M | $1.0B |
| 净利润 | $28.2M | $25.0M |
| 毛利率 | 13.3% | 42.0% |
| 营业利润率 | 6.5% | 23.0% |
| 净利率 | 3.0% | 2.4% |
| 营收同比 | 21.4% | 9.6% |
| 净利润同比 | 42.4% | 257.1% |
| 每股收益（稀释后） | $1.67 | $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KALURIG
| Q4 25 | $929.0M | $1.0B | ||
| Q3 25 | $843.5M | $1.0B | ||
| Q2 25 | $823.1M | $988.0M | ||
| Q1 25 | $777.4M | $906.0M | ||
| Q4 24 | $765.4M | $952.0M | ||
| Q3 24 | $747.7M | $948.0M | ||
| Q2 24 | $773.4M | $861.0M | ||
| Q1 24 | $737.5M | $763.0M |
净利润KALURIG
| Q4 25 | $28.2M | $25.0M | ||
| Q3 25 | $39.5M | $-1.9B | ||
| Q2 25 | $23.2M | $-938.0M | ||
| Q1 25 | $21.6M | $-79.0M | ||
| Q4 24 | $19.8M | $7.0M | ||
| Q3 24 | $8.8M | $-494.0M | ||
| Q2 24 | $18.9M | $-123.0M | ||
| Q1 24 | $18.2M | $98.0M |
毛利率KALURIG
| Q4 25 | 13.3% | 42.0% | ||
| Q3 25 | 13.6% | 43.2% | ||
| Q2 25 | 12.2% | 39.4% | ||
| Q1 25 | 13.4% | 31.8% | ||
| Q4 24 | 12.5% | 39.2% | ||
| Q3 24 | 9.6% | 40.6% | ||
| Q2 24 | 13.4% | 38.0% | ||
| Q1 24 | 11.7% | 31.5% |
营业利润率KALURIG
| Q4 25 | 6.5% | 23.0% | ||
| Q3 25 | 5.8% | -163.1% | ||
| Q2 25 | 4.6% | -97.6% | ||
| Q1 25 | 5.3% | 7.1% | ||
| Q4 24 | 5.0% | 13.7% | ||
| Q3 24 | 1.8% | -51.2% | ||
| Q2 24 | 4.7% | -6.9% | ||
| Q1 24 | 3.3% | -0.4% |
净利率KALURIG
| Q4 25 | 3.0% | 2.4% | ||
| Q3 25 | 4.7% | -187.1% | ||
| Q2 25 | 2.8% | -94.9% | ||
| Q1 25 | 2.8% | -8.7% | ||
| Q4 24 | 2.6% | 0.7% | ||
| Q3 24 | 1.2% | -52.1% | ||
| Q2 24 | 2.4% | -14.3% | ||
| Q1 24 | 2.5% | 12.8% |
每股收益（稀释后）KALURIG
| Q4 25 | $1.67 | $0.13 | ||
| Q3 25 | $2.38 | $-2.00 | ||
| Q2 25 | $1.41 | $-1.06 | ||
| Q1 25 | $1.31 | $-0.11 | ||
| Q4 24 | $1.21 | $-0.14 | ||
| Q3 24 | $0.54 | $-0.58 | ||
| Q2 24 | $1.15 | $-0.15 | ||
| Q1 24 | $1.12 | $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 | $7.0M | $620.0M |
| 总债务越低越好 | — | $5.2B |
| 股东权益账面价值 | $826.1M | $8.1B |
| 总资产 | $2.6B | $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KALURIG
| Q4 25 | $7.0M | $620.0M | ||
| Q3 25 | $17.2M | $833.0M | ||
| Q2 25 | $13.1M | $377.0M | ||
| Q1 25 | $21.3M | $263.0M | ||
| Q4 24 | $18.4M | $560.0M | ||
| Q3 24 | $45.7M | $435.0M | ||
| Q2 24 | $70.4M | $475.0M | ||
| Q1 24 | $101.6M | $446.0M |
总债务KALURIG
| 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KALURIG
| Q4 25 | $826.1M | $8.1B | ||
| Q3 25 | $806.1M | $8.1B | ||
| Q2 25 | $776.0M | $9.4B | ||
| Q1 25 | $756.8M | $10.2B | ||
| Q4 24 | $743.1M | $10.3B | ||
| Q3 24 | $729.4M | $10.2B | ||
| Q2 24 | $727.6M | $10.7B | ||
| Q1 24 | $714.7M | $10.5B |
总资产KALURIG
| Q4 25 | $2.6B | $15.6B | ||
| Q3 25 | $2.6B | $16.2B | ||
| Q2 25 | $2.5B | $17.8B | ||
| Q1 25 | $2.4B | $19.0B | ||
| Q4 24 | $2.4B | $19.4B | ||
| Q3 24 | $2.3B | $19.5B | ||
| Q2 24 | $2.3B | $20.3B | ||
| Q1 24 | $2.3B | $19.9B |
负债/权益比KALURIG
| 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 | $-20.6M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $-51.1M | $321.0M |
| 自由现金流率自由现金流/营收 | -5.5% | 30.8% |
| 资本支出强度资本支出/营收 | 3.3% | 2.7% |
| 现金转化率经营现金流/净利润 | -0.73× | 13.96× |
| 过去12个月自由现金流最近4个季度 | $-25.5M | $626.0M |
8季度趋势，按日历期对齐
经营现金流KALURIG
| Q4 25 | $-20.6M | $349.0M | ||
| Q3 25 | $59.1M | $246.0M | ||
| Q2 25 | $15.9M | $128.0M | ||
| Q1 25 | $57.0M | $26.0M | ||
| Q4 24 | $43.4M | $206.0M | ||
| Q3 24 | $34.1M | $194.0M | ||
| Q2 24 | $26.3M | $133.0M | ||
| Q1 24 | $63.3M | $-86.0M |
自由现金流KALURIG
| Q4 25 | $-51.1M | $321.0M | ||
| Q3 25 | $34.5M | $235.0M | ||
| Q2 25 | $-27.7M | $104.0M | ||
| Q1 25 | $18.8M | $-34.0M | ||
| Q4 24 | $-12.6M | $177.0M | ||
| Q3 24 | $-17.0M | $136.0M | ||
| Q2 24 | $-17.4M | $49.0M | ||
| Q1 24 | $33.3M | $-169.0M |
自由现金流率KALURIG
| Q4 25 | -5.5% | 30.8% | ||
| Q3 25 | 4.1% | 22.9% | ||
| Q2 25 | -3.4% | 10.5% | ||
| Q1 25 | 2.4% | -3.8% | ||
| Q4 24 | -1.6% | 18.6% | ||
| Q3 24 | -2.3% | 14.3% | ||
| Q2 24 | -2.2% | 5.7% | ||
| Q1 24 | 4.5% | -22.1% |
资本支出强度KALURIG
| Q4 25 | 3.3% | 2.7% | ||
| Q3 25 | 2.9% | 1.1% | ||
| Q2 25 | 5.3% | 2.4% | ||
| Q1 25 | 4.9% | 6.6% | ||
| Q4 24 | 7.3% | 3.0% | ||
| Q3 24 | 6.8% | 6.1% | ||
| Q2 24 | 5.7% | 9.8% | ||
| Q1 24 | 4.1% | 10.9% |
现金转化率KALURIG
| Q4 25 | -0.73× | 13.96× | ||
| Q3 25 | 1.50× | — | ||
| Q2 25 | 0.69× | — | ||
| Q1 25 | 2.64× | — | ||
| Q4 24 | 2.19× | 29.43× | ||
| Q3 24 | 3.88× | — | ||
| Q2 24 | 1.39× | — | ||
| Q1 24 | 3.48× | -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
KALU
| Packaging | $440.6M | 47% |
| Aero Hs Products | $213.0M | 23% |
| Transferred Over Time | $200.2M | 22% |
| Automotive Extrusions | $75.4M | 8% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
