vs
拉扎德（LAZ）与RANGE RESOURCES CORP（RRC）财务数据对比。点击上方公司名可切换其他公司
拉扎德的季度营收约是RANGE RESOURCES CORP的1.2倍（$929.4M vs $786.9M），RANGE RESOURCES CORP净利率更高（22.8% vs 5.4%，领先17.4%），RANGE RESOURCES CORP同比增速更快（18.0% vs 10.8%），过去两年RANGE RESOURCES CORP的营收复合增速更高（14.6% vs 8.8%）
拉扎德公司是一家美国金融咨询与资产管理机构，业务覆盖投资银行、资产管理及其他金融服务，核心客户以机构客户为主。作为全球规模最大的独立投资银行，其主要行政办公室分布于纽约、巴黎及伦敦三地。
Range Resources Corporation是一家总部位于美国得克萨斯州沃斯堡的天然气勘探开采企业，核心运营区域为马塞勒斯页岩地层，是该地区拥有土地面积最大的运营商，专注于天然气资源的勘探、开发与生产业务，在北美油气开发领域具备深厚的行业积累。
LAZ vs RRC — 直观对比
营收规模更大
LAZ
是对方的1.2倍
$786.9M
营收增速更快
RRC
高出7.2%
10.8%
净利率更高
RRC
高出17.4%
5.4%
两年增速更快
RRC
近两年复合增速
8.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $929.4M | $786.9M |
| 净利润 | $49.9M | $179.1M |
| 毛利率 | — | 94.5% |
| 营业利润率 | 9.1% | — |
| 净利率 | 5.4% | 22.8% |
| 营收同比 | 10.8% | 18.0% |
| 净利润同比 | -42.2% | 88.8% |
| 每股收益（稀释后） | $0.44 | $0.75 |
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LAZRRC
| Q4 25 | $929.4M | $786.9M | ||
| Q3 25 | $770.8M | $655.3M | ||
| Q2 25 | $817.2M | $699.6M | ||
| Q1 25 | $669.2M | $846.3M | ||
| Q4 24 | $839.0M | $667.0M | ||
| Q3 24 | $807.4M | $567.9M | ||
| Q2 24 | $708.0M | $513.2M | ||
| Q1 24 | $785.5M | $598.8M |
净利润LAZRRC
| Q4 25 | $49.9M | $179.1M | ||
| Q3 25 | $71.2M | $144.3M | ||
| Q2 25 | $55.3M | $237.6M | ||
| Q1 25 | $60.4M | $97.1M | ||
| Q4 24 | $86.3M | $94.8M | ||
| Q3 24 | $107.9M | $50.7M | ||
| Q2 24 | $49.9M | $28.7M | ||
| Q1 24 | $35.8M | $92.1M |
毛利率LAZRRC
| Q4 25 | — | 94.5% | ||
| Q3 25 | — | 92.5% | ||
| Q2 25 | — | 95.0% | ||
| Q1 25 | — | 93.1% | ||
| Q4 24 | — | 93.7% | ||
| Q3 24 | — | 94.3% | ||
| Q2 24 | — | 93.4% | ||
| Q1 24 | — | 94.7% |
营业利润率LAZRRC
| Q4 25 | 9.1% | — | ||
| Q3 25 | 12.3% | — | ||
| Q2 25 | 11.4% | — | ||
| Q1 25 | 8.2% | — | ||
| Q4 24 | 12.8% | — | ||
| Q3 24 | 20.0% | — | ||
| Q2 24 | 9.0% | — | ||
| Q1 24 | 6.9% | — |
净利率LAZRRC
| Q4 25 | 5.4% | 22.8% | ||
| Q3 25 | 9.2% | 22.0% | ||
| Q2 25 | 6.8% | 34.0% | ||
| Q1 25 | 9.0% | 11.5% | ||
| Q4 24 | 10.3% | 14.2% | ||
| Q3 24 | 13.4% | 8.9% | ||
| Q2 24 | 7.0% | 5.6% | ||
| Q1 24 | 4.6% | 15.4% |
每股收益（稀释后）LAZRRC
| Q4 25 | $0.44 | $0.75 | ||
| Q3 25 | $0.65 | $0.60 | ||
| Q2 25 | $0.52 | $0.99 | ||
| Q1 25 | $0.56 | $0.40 | ||
| Q4 24 | $0.82 | $0.38 | ||
| Q3 24 | $1.02 | $0.21 | ||
| Q2 24 | $0.49 | $0.12 | ||
| Q1 24 | $0.35 | $0.38 |
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 | $1.5B | $204.0K |
| 总债务越低越好 | $1.7B | $1.2B |
| 股东权益账面价值 | $873.7M | $4.3B |
| 总资产 | $4.9B | $7.4B |
| 负债/权益比越低杠杆越低 | 1.93× | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资LAZRRC
| Q4 25 | $1.5B | $204.0K | ||
| Q3 25 | $1.2B | $175.0K | ||
| Q2 25 | $978.3M | $134.0K | ||
| Q1 25 | $908.6M | $344.6M | ||
| Q4 24 | $1.3B | $304.5M | ||
| Q3 24 | $1.2B | $277.4M | ||
| Q2 24 | $847.6M | $251.1M | ||
| Q1 24 | $923.2M | $343.1M |
总债务LAZRRC
| Q4 25 | $1.7B | $1.2B | ||
| Q3 25 | $1.7B | $1.2B | ||
| Q2 25 | $1.7B | $1.2B | ||
| Q1 25 | $1.7B | $1.7B | ||
| Q4 24 | $1.7B | $1.7B | ||
| Q3 24 | $1.9B | $1.7B | ||
| Q2 24 | $1.9B | $1.7B | ||
| Q1 24 | $1.9B | $1.8B |
股东权益LAZRRC
| Q4 25 | $873.7M | $4.3B | ||
| Q3 25 | $841.5M | $4.2B | ||
| Q2 25 | $741.6M | $4.1B | ||
| Q1 25 | $603.0M | $3.9B | ||
| Q4 24 | $636.2M | $3.9B | ||
| Q3 24 | $624.3M | $3.9B | ||
| Q2 24 | $458.7M | $3.9B | ||
| Q1 24 | $392.7M | $3.8B |
总资产LAZRRC
| Q4 25 | $4.9B | $7.4B | ||
| Q3 25 | $4.6B | $7.2B | ||
| Q2 25 | $4.5B | $7.1B | ||
| Q1 25 | $4.2B | $7.4B | ||
| Q4 24 | $4.8B | $7.3B | ||
| Q3 24 | $4.8B | $7.2B | ||
| Q2 24 | $4.5B | $7.3B | ||
| Q1 24 | $4.6B | $7.4B |
负债/权益比LAZRRC
| Q4 25 | 1.93× | 0.28× | ||
| Q3 25 | 2.01× | 0.29× | ||
| Q2 25 | 2.28× | 0.29× | ||
| Q1 25 | 2.80× | 0.43× | ||
| Q4 24 | 2.65× | 0.43× | ||
| Q3 24 | 2.97× | 0.44× | ||
| Q2 24 | 4.04× | 0.44× | ||
| Q1 24 | 4.71× | 0.46× |
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 | $399.7M | $257.5M |
| 自由现金流经营现金流 - 资本支出 | $396.1M | — |
| 自由现金流率自由现金流/营收 | 42.6% | — |
| 资本支出强度资本支出/营收 | 0.4% | — |
| 现金转化率经营现金流/净利润 | 8.02× | 1.44× |
| 过去12个月自由现金流最近4个季度 | $487.4M | — |
8季度趋势，按日历期对齐
经营现金流LAZRRC
| Q4 25 | $399.7M | $257.5M | ||
| Q3 25 | $287.5M | $247.5M | ||
| Q2 25 | $49.7M | $336.2M | ||
| Q1 25 | $-217.5M | $330.1M | ||
| Q4 24 | $362.9M | $217.9M | ||
| Q3 24 | $293.7M | $245.9M | ||
| Q2 24 | $176.2M | $148.8M | ||
| Q1 24 | $-90.0M | $331.9M |
自由现金流LAZRRC
| Q4 25 | $396.1M | — | ||
| Q3 25 | $284.6M | — | ||
| Q2 25 | $38.0M | — | ||
| Q1 25 | $-231.3M | — | ||
| Q4 24 | $348.0M | — | ||
| Q3 24 | $276.2M | — | ||
| Q2 24 | $169.8M | — | ||
| Q1 24 | $-96.6M | — |
自由现金流率LAZRRC
| Q4 25 | 42.6% | — | ||
| Q3 25 | 36.9% | — | ||
| Q2 25 | 4.6% | — | ||
| Q1 25 | -34.6% | — | ||
| Q4 24 | 41.5% | — | ||
| Q3 24 | 34.2% | — | ||
| Q2 24 | 24.0% | — | ||
| Q1 24 | -12.3% | — |
资本支出强度LAZRRC
| Q4 25 | 0.4% | — | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | 1.4% | — | ||
| Q1 25 | 2.1% | — | ||
| Q4 24 | 1.8% | — | ||
| Q3 24 | 2.2% | — | ||
| Q2 24 | 0.9% | — | ||
| Q1 24 | 0.8% | — |
现金转化率LAZRRC
| Q4 25 | 8.02× | 1.44× | ||
| Q3 25 | 4.03× | 1.72× | ||
| Q2 25 | 0.90× | 1.42× | ||
| Q1 25 | -3.60× | 3.40× | ||
| Q4 24 | 4.20× | 2.30× | ||
| Q3 24 | 2.72× | 4.85× | ||
| Q2 24 | 3.53× | 5.18× | ||
| Q1 24 | -2.52× | 3.60× |
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
LAZ
| Financial Advisory Segment | $542.3M | 58% |
| Asset Management1 | $347.8M | 37% |
| Incentive Fees | $40.9M | 4% |
RRC
| Natural Gas Natural Gas Liquids And Oil Sales | $745.5M | 95% |
| Brokered Natural Gas And Marketing | $41.3M | 5% |
