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Loews Corporation（L）与先锋自然资源公司（PR）财务数据对比。点击上方公司名可切换其他公司
先锋自然资源公司的季度营收约是Loews Corporation的1.4倍（$1.2B vs $827.0M），Loews Corporation净利率更高（48.6% vs 29.0%，领先19.6%），Loews Corporation同比增速更快（4.8% vs -9.8%），过去两年Loews Corporation的营收复合增速更高（7.9% vs -3.0%）
Loews Corporation是一家总部位于美国的多元化综合企业集团，旗下子公司业务覆盖财产保险、天然气管道运输、酒店运营、油气勘探生产等核心领域，主要服务北美市场的商业、消费者及工业客户。
先锋自然资源公司总部位于美国得克萨斯州欧文市，主要从事油气勘探业务，运营覆盖二叠纪盆地Spraberry产区的克莱恩页岩区块，是该区域最大的土地权益持有方，2024年5月被埃克森美孚收购。
L vs PR — 直观对比
营收规模更大
PR
是对方的1.4倍
$827.0M
营收增速更快
L
高出14.6%
-9.8%
净利率更高
L
高出19.6%
29.0%
两年增速更快
L
近两年复合增速
-3.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $827.0M | $1.2B |
| 净利润 | $402.0M | $339.5M |
| 毛利率 | — | — |
| 营业利润率 | 65.4% | 23.1% |
| 净利率 | 48.6% | 29.0% |
| 营收同比 | 4.8% | -9.8% |
| 净利润同比 | 115.0% | 56.7% |
| 每股收益（稀释后） | $1.93 | $0.48 |
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LPR
| Q4 25 | $827.0M | $1.2B | ||
| Q3 25 | $732.0M | $1.3B | ||
| Q2 25 | $769.0M | $1.2B | ||
| Q1 25 | $846.0M | $1.4B | ||
| Q4 24 | $789.0M | $1.3B | ||
| Q3 24 | $683.0M | $1.2B | ||
| Q2 24 | $711.0M | $1.2B | ||
| Q1 24 | $710.0M | $1.2B |
净利润LPR
| Q4 25 | $402.0M | $339.5M | ||
| Q3 25 | $504.0M | $59.2M | ||
| Q2 25 | $391.0M | $207.1M | ||
| Q1 25 | $370.0M | $329.3M | ||
| Q4 24 | $187.0M | $216.7M | ||
| Q3 24 | $401.0M | $386.4M | ||
| Q2 24 | $369.0M | $235.1M | ||
| Q1 24 | $457.0M | $146.6M |
营业利润率LPR
| Q4 25 | 65.4% | 23.1% | ||
| Q3 25 | 94.1% | 29.6% | ||
| Q2 25 | 70.1% | 24.8% | ||
| Q1 25 | 60.8% | 36.6% | ||
| Q4 24 | 23.8% | 32.8% | ||
| Q3 24 | 80.5% | 32.5% | ||
| Q2 24 | 71.3% | 36.5% | ||
| Q1 24 | 88.6% | 37.7% |
净利率LPR
| Q4 25 | 48.6% | 29.0% | ||
| Q3 25 | 68.9% | 4.5% | ||
| Q2 25 | 50.8% | 17.3% | ||
| Q1 25 | 43.7% | 23.9% | ||
| Q4 24 | 23.7% | 16.7% | ||
| Q3 24 | 58.7% | 31.8% | ||
| Q2 24 | 51.9% | 18.9% | ||
| Q1 24 | 64.4% | 11.8% |
每股收益（稀释后）LPR
| Q4 25 | $1.93 | $0.48 | ||
| Q3 25 | $2.43 | $0.08 | ||
| Q2 25 | $1.87 | $0.28 | ||
| Q1 25 | $1.74 | $0.44 | ||
| Q4 24 | $0.87 | $0.31 | ||
| Q3 24 | $1.82 | $0.53 | ||
| Q2 24 | $1.67 | $0.36 | ||
| Q1 24 | $2.05 | $0.25 |
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 | $6.0B | $153.7M |
| 总债务越低越好 | $8.4B | $3.5B |
| 股东权益账面价值 | $18.7B | $10.3B |
| 总资产 | $86.3B | $17.9B |
| 负债/权益比越低杠杆越低 | 0.45× | 0.34× |
8季度趋势，按日历期对齐
现金及短期投资LPR
| Q4 25 | $6.0B | $153.7M | ||
| Q3 25 | $5.4B | $111.8M | ||
| Q2 25 | $4.5B | $451.0M | ||
| Q1 25 | $4.4B | $702.2M | ||
| Q4 24 | $4.6B | $479.3M | ||
| Q3 24 | $5.2B | $272.0M | ||
| Q2 24 | $4.9B | $47.8M | ||
| Q1 24 | $5.4B | $12.7M |
总债务LPR
| Q4 25 | $8.4B | $3.5B | ||
| Q3 25 | $8.4B | $3.5B | ||
| Q2 25 | $7.9B | $4.0B | ||
| Q1 25 | $8.4B | $4.0B | ||
| Q4 24 | $8.9B | $4.2B | ||
| Q3 24 | $8.8B | $4.2B | ||
| Q2 24 | $8.6B | $3.9B | ||
| Q1 24 | $8.4B | $3.9B |
股东权益LPR
| Q4 25 | $18.7B | $10.3B | ||
| Q3 25 | $18.3B | $10.0B | ||
| Q2 25 | $17.5B | $9.5B | ||
| Q1 25 | $17.2B | $9.4B | ||
| Q4 24 | $17.1B | $9.1B | ||
| Q3 24 | $17.4B | $9.0B | ||
| Q2 24 | $16.4B | $8.3B | ||
| Q1 24 | $16.2B | $7.0B |
总资产LPR
| Q4 25 | $86.3B | $17.9B | ||
| Q3 25 | $85.9B | $17.3B | ||
| Q2 25 | $84.7B | $17.5B | ||
| Q1 25 | $83.1B | $17.1B | ||
| Q4 24 | $81.9B | $16.9B | ||
| Q3 24 | $83.6B | $16.6B | ||
| Q2 24 | $81.1B | $15.4B | ||
| Q1 24 | $80.9B | $15.1B |
负债/权益比LPR
| Q4 25 | 0.45× | 0.34× | ||
| Q3 25 | 0.46× | 0.35× | ||
| Q2 25 | 0.45× | 0.42× | ||
| Q1 25 | 0.49× | 0.43× | ||
| Q4 24 | 0.52× | 0.46× | ||
| Q3 24 | 0.51× | 0.47× | ||
| Q2 24 | 0.52× | 0.46× | ||
| Q1 24 | 0.52× | 0.56× |
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 | $617.0M | $904.3M |
| 自由现金流经营现金流 - 资本支出 | $426.0M | — |
| 自由现金流率自由现金流/营收 | 51.5% | — |
| 资本支出强度资本支出/营收 | 23.1% | — |
| 现金转化率经营现金流/净利润 | 1.53× | 2.66× |
| 过去12个月自由现金流最近4个季度 | $2.7B | — |
8季度趋势，按日历期对齐
经营现金流LPR
| Q4 25 | $617.0M | $904.3M | ||
| Q3 25 | $920.0M | $766.5M | ||
| Q2 25 | $1.0B | $1.0B | ||
| Q1 25 | $736.0M | $898.0M | ||
| Q4 24 | $941.0M | $871.6M | ||
| Q3 24 | $934.0M | $954.4M | ||
| Q2 24 | $952.0M | $938.4M | ||
| Q1 24 | $198.0M | $647.6M |
自由现金流LPR
| Q4 25 | $426.0M | — | ||
| Q3 25 | $764.0M | — | ||
| Q2 25 | $872.0M | — | ||
| Q1 25 | $638.0M | — | ||
| Q4 24 | $767.0M | — | ||
| Q3 24 | $794.0M | — | ||
| Q2 24 | $793.0M | — | ||
| Q1 24 | $39.0M | — |
自由现金流率LPR
| Q4 25 | 51.5% | — | ||
| Q3 25 | 104.4% | — | ||
| Q2 25 | 113.4% | — | ||
| Q1 25 | 75.4% | — | ||
| Q4 24 | 97.2% | — | ||
| Q3 24 | 116.3% | — | ||
| Q2 24 | 111.5% | — | ||
| Q1 24 | 5.5% | — |
资本支出强度LPR
| Q4 25 | 23.1% | — | ||
| Q3 25 | 21.3% | — | ||
| Q2 25 | 17.4% | — | ||
| Q1 25 | 11.6% | — | ||
| Q4 24 | 22.1% | — | ||
| Q3 24 | 20.5% | — | ||
| Q2 24 | 22.4% | — | ||
| Q1 24 | 22.4% | — |
现金转化率LPR
| Q4 25 | 1.53× | 2.66× | ||
| Q3 25 | 1.83× | 12.94× | ||
| Q2 25 | 2.57× | 5.01× | ||
| Q1 25 | 1.99× | 2.73× | ||
| Q4 24 | 5.03× | 4.02× | ||
| Q3 24 | 2.33× | 2.47× | ||
| Q2 24 | 2.58× | 3.99× | ||
| Q1 24 | 0.43× | 4.42× |
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
L
| Transportation And Storage Of Natural Gas And NG Ls And Ethane Supply And Transportation Services | $601.0M | 73% |
| Lodging And Related Services | $226.0M | 27% |
PR
| Crude Oil | $1.0B | 87% |
| Natural Gas Liquids Reserves | $145.1M | 12% |
