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KB HOME（KBH）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
KB HOME的季度营收约是越洋钻探的1.6倍（$1.7B vs $1.0B），KB HOME净利率更高（6.0% vs 2.4%，领先3.6%），越洋钻探同比增速更快（9.6% vs -15.3%），越洋钻探自由现金流更多（$321.0M vs $290.1M），过去两年越洋钻探的营收复合增速更高（16.9% vs 7.4%）
KB Home是美国知名住宅建造企业，1957年于密歇根州底特律成立，前身为Kaufman & Broad，是首家在纽约证券交易所上市的住宅建造商，总部现位于加利福尼亚州洛杉矶。
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。
KBH vs RIG — 直观对比
营收规模更大
KBH
是对方的1.6倍
$1.0B
营收增速更快
RIG
高出24.8%
-15.3%
净利率更高
KBH
高出3.6%
2.4%
自由现金流更多
RIG
多$30.9M
$290.1M
两年增速更快
RIG
近两年复合增速
7.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.0B |
| 净利润 | $101.5M | $25.0M |
| 毛利率 | — | 42.0% |
| 营业利润率 | — | 23.0% |
| 净利率 | 6.0% | 2.4% |
| 营收同比 | -15.3% | 9.6% |
| 净利润同比 | -46.7% | 257.1% |
| 每股收益（稀释后） | $1.55 | $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KBHRIG
| Q4 25 | $1.7B | $1.0B | ||
| Q3 25 | $1.6B | $1.0B | ||
| Q2 25 | $1.5B | $988.0M | ||
| Q1 25 | $1.4B | $906.0M | ||
| Q4 24 | $2.0B | $952.0M | ||
| Q3 24 | $1.8B | $948.0M | ||
| Q2 24 | $1.7B | $861.0M | ||
| Q1 24 | $1.5B | $763.0M |
净利润KBHRIG
| Q4 25 | $101.5M | $25.0M | ||
| Q3 25 | $109.8M | $-1.9B | ||
| Q2 25 | $107.9M | $-938.0M | ||
| Q1 25 | $109.6M | $-79.0M | ||
| Q4 24 | $190.6M | $7.0M | ||
| Q3 24 | $157.3M | $-494.0M | ||
| Q2 24 | $168.4M | $-123.0M | ||
| Q1 24 | $138.7M | $98.0M |
毛利率KBHRIG
| 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KBHRIG
| Q4 25 | — | 23.0% | ||
| Q3 25 | — | -163.1% | ||
| Q2 25 | — | -97.6% | ||
| Q1 25 | — | 7.1% | ||
| Q4 24 | — | 13.7% | ||
| Q3 24 | — | -51.2% | ||
| Q2 24 | — | -6.9% | ||
| Q1 24 | — | -0.4% |
净利率KBHRIG
| Q4 25 | 6.0% | 2.4% | ||
| Q3 25 | 6.8% | -187.1% | ||
| Q2 25 | 7.1% | -94.9% | ||
| Q1 25 | 7.9% | -8.7% | ||
| Q4 24 | 9.5% | 0.7% | ||
| Q3 24 | 9.0% | -52.1% | ||
| Q2 24 | 9.9% | -14.3% | ||
| Q1 24 | 9.4% | 12.8% |
每股收益（稀释后）KBHRIG
| Q4 25 | $1.55 | $0.13 | ||
| Q3 25 | $1.61 | $-2.00 | ||
| Q2 25 | $1.50 | $-1.06 | ||
| Q1 25 | $1.49 | $-0.11 | ||
| Q4 24 | $2.50 | $-0.14 | ||
| Q3 24 | $2.04 | $-0.58 | ||
| Q2 24 | $2.15 | $-0.15 | ||
| Q1 24 | $1.76 | $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 | — | $620.0M |
| 总债务越低越好 | — | $5.2B |
| 股东权益账面价值 | $3.9B | $8.1B |
| 总资产 | $6.7B | $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KBHRIG
| Q4 25 | — | $620.0M | ||
| Q3 25 | — | $833.0M | ||
| Q2 25 | — | $377.0M | ||
| Q1 25 | — | $263.0M | ||
| Q4 24 | — | $560.0M | ||
| Q3 24 | — | $435.0M | ||
| Q2 24 | — | $475.0M | ||
| Q1 24 | — | $446.0M |
总债务KBHRIG
| 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KBHRIG
| Q4 25 | $3.9B | $8.1B | ||
| Q3 25 | $3.9B | $8.1B | ||
| Q2 25 | $4.0B | $9.4B | ||
| Q1 25 | $4.1B | $10.2B | ||
| Q4 24 | $4.1B | $10.3B | ||
| Q3 24 | $4.0B | $10.2B | ||
| Q2 24 | $4.0B | $10.7B | ||
| Q1 24 | $3.9B | $10.5B |
总资产KBHRIG
| Q4 25 | $6.7B | $15.6B | ||
| Q3 25 | $7.0B | $16.2B | ||
| Q2 25 | $7.0B | $17.8B | ||
| Q1 25 | $7.0B | $19.0B | ||
| Q4 24 | $6.9B | $19.4B | ||
| Q3 24 | $6.8B | $19.5B | ||
| Q2 24 | $6.8B | $20.3B | ||
| Q1 24 | $6.7B | $19.9B |
负债/权益比KBHRIG
| 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 | $303.8M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $290.1M | $321.0M |
| 自由现金流率自由现金流/营收 | 17.1% | 30.8% |
| 资本支出强度资本支出/营收 | 0.8% | 2.7% |
| 现金转化率经营现金流/净利润 | 2.99× | 13.96× |
| 过去12个月自由现金流最近4个季度 | $287.3M | $626.0M |
8季度趋势，按日历期对齐
经营现金流KBHRIG
| Q4 25 | $303.8M | $349.0M | ||
| Q3 25 | $197.7M | $246.0M | ||
| Q2 25 | $168.4M | $128.0M | ||
| Q1 25 | $-334.3M | $26.0M | ||
| Q4 24 | $362.6M | $206.0M | ||
| Q3 24 | $-89.9M | $194.0M | ||
| Q2 24 | $61.5M | $133.0M | ||
| Q1 24 | $28.5M | $-86.0M |
自由现金流KBHRIG
| Q4 25 | $290.1M | $321.0M | ||
| Q3 25 | $185.8M | $235.0M | ||
| Q2 25 | $156.9M | $104.0M | ||
| Q1 25 | $-345.5M | $-34.0M | ||
| Q4 24 | $352.6M | $177.0M | ||
| Q3 24 | $-99.4M | $136.0M | ||
| Q2 24 | $51.2M | $49.0M | ||
| Q1 24 | $19.1M | $-169.0M |
自由现金流率KBHRIG
| Q4 25 | 17.1% | 30.8% | ||
| Q3 25 | 11.5% | 22.9% | ||
| Q2 25 | 10.3% | 10.5% | ||
| Q1 25 | -24.8% | -3.8% | ||
| Q4 24 | 17.6% | 18.6% | ||
| Q3 24 | -5.7% | 14.3% | ||
| Q2 24 | 3.0% | 5.7% | ||
| Q1 24 | 1.3% | -22.1% |
资本支出强度KBHRIG
| Q4 25 | 0.8% | 2.7% | ||
| Q3 25 | 0.7% | 1.1% | ||
| Q2 25 | 0.8% | 2.4% | ||
| Q1 25 | 0.8% | 6.6% | ||
| Q4 24 | 0.5% | 3.0% | ||
| Q3 24 | 0.5% | 6.1% | ||
| Q2 24 | 0.6% | 9.8% | ||
| Q1 24 | 0.6% | 10.9% |
现金转化率KBHRIG
| Q4 25 | 2.99× | 13.96× | ||
| Q3 25 | 1.80× | — | ||
| Q2 25 | 1.56× | — | ||
| Q1 25 | -3.05× | — | ||
| Q4 24 | 1.90× | 29.43× | ||
| Q3 24 | -0.57× | — | ||
| Q2 24 | 0.37× | — | ||
| Q1 24 | 0.21× | -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
KBH
| Home Building | $1.7B | 99% |
| Financial Service | $8.7M | 1% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
