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雷诺士国际（LII）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
雷诺士国际的季度营收约是先锋自然资源公司的1.0倍（$1.2B vs $1.2B），先锋自然资源公司净利率更高（29.0% vs 13.6%，领先15.5%），先锋自然资源公司同比增速更快（-9.8% vs -11.2%），过去两年雷诺士国际的营收复合增速更高（6.8% vs -3.0%）
雷诺士国际是美国知名的暖通空调（HVAC）及制冷领域气候控制产品供应商，总部位于得克萨斯州理查森。公司在墨西哥萨尔蒂约、美国爱荷华州马歇尔敦、南卡罗来纳州奥兰治堡设有核心生产基地，1904年收购公司的诺里斯家族后裔约翰·W·诺里斯三世持有其9.8%的股份。
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。
LII vs PR — 直观对比
营收规模更大
LII
是对方的1.0倍
$1.2B
营收增速更快
PR
高出1.4%
-11.2%
净利率更高
PR
高出15.5%
13.6%
两年增速更快
LII
近两年复合增速
-3.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.2B |
| 净利润 | $162.1M | $339.5M |
| 毛利率 | 34.7% | — |
| 营业利润率 | 18.6% | 23.1% |
| 净利率 | 13.6% | 29.0% |
| 营收同比 | -11.2% | -9.8% |
| 净利润同比 | -18.0% | 56.7% |
| 每股收益（稀释后） | $4.62 | $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LIIPR
| Q4 25 | $1.2B | $1.2B | ||
| Q3 25 | $1.4B | $1.3B | ||
| Q2 25 | $1.5B | $1.2B | ||
| Q1 25 | $1.1B | $1.4B | ||
| Q4 24 | $1.3B | $1.3B | ||
| Q3 24 | $1.5B | $1.2B | ||
| Q2 24 | $1.5B | $1.2B | ||
| Q1 24 | $1.0B | $1.2B |
净利润LIIPR
| Q4 25 | $162.1M | $339.5M | ||
| Q3 25 | $245.8M | $59.2M | ||
| Q2 25 | $277.6M | $207.1M | ||
| Q1 25 | $120.3M | $329.3M | ||
| Q4 24 | $197.7M | $216.7M | ||
| Q3 24 | $239.0M | $386.4M | ||
| Q2 24 | $245.9M | $235.1M | ||
| Q1 24 | $124.3M | $146.6M |
毛利率LIIPR
| Q4 25 | 34.7% | — | ||
| Q3 25 | 32.8% | — | ||
| Q2 25 | 34.8% | — | ||
| Q1 25 | 30.6% | — | ||
| Q4 24 | 33.9% | — | ||
| Q3 24 | 32.6% | — | ||
| Q2 24 | 33.6% | — | ||
| Q1 24 | 32.5% | — |
营业利润率LIIPR
| Q4 25 | 18.6% | 23.1% | ||
| Q3 25 | 21.7% | 29.6% | ||
| Q2 25 | 23.6% | 24.8% | ||
| Q1 25 | 14.5% | 36.6% | ||
| Q4 24 | 18.2% | 32.8% | ||
| Q3 24 | 20.2% | 32.5% | ||
| Q2 24 | 22.1% | 36.5% | ||
| Q1 24 | 15.9% | 37.7% |
净利率LIIPR
| Q4 25 | 13.6% | 29.0% | ||
| Q3 25 | 17.2% | 4.5% | ||
| Q2 25 | 18.5% | 17.3% | ||
| Q1 25 | 11.2% | 23.9% | ||
| Q4 24 | 14.7% | 16.7% | ||
| Q3 24 | 16.0% | 31.8% | ||
| Q2 24 | 16.9% | 18.9% | ||
| Q1 24 | 11.9% | 11.8% |
每股收益（稀释后）LIIPR
| Q4 25 | $4.62 | $0.48 | ||
| Q3 25 | $6.98 | $0.08 | ||
| Q2 25 | $7.82 | $0.28 | ||
| Q1 25 | $3.37 | $0.44 | ||
| Q4 24 | $5.52 | $0.31 | ||
| Q3 24 | $6.68 | $0.53 | ||
| Q2 24 | $6.87 | $0.36 | ||
| Q1 24 | $3.47 | $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 | $34.7M | $153.7M |
| 总债务越低越好 | $1.1B | $3.5B |
| 股东权益账面价值 | $1.2B | $10.3B |
| 总资产 | $4.1B | $17.9B |
| 负债/权益比越低杠杆越低 | 0.98× | 0.34× |
8季度趋势，按日历期对齐
现金及短期投资LIIPR
| Q4 25 | $34.7M | $153.7M | ||
| Q3 25 | $59.2M | $111.8M | ||
| Q2 25 | $55.1M | $451.0M | ||
| Q1 25 | $222.9M | $702.2M | ||
| Q4 24 | $422.3M | $479.3M | ||
| Q3 24 | $255.7M | $272.0M | ||
| Q2 24 | $57.8M | $47.8M | ||
| Q1 24 | $57.6M | $12.7M |
总债务LIIPR
| Q4 25 | $1.1B | $3.5B | ||
| Q3 25 | $838.2M | $3.5B | ||
| Q2 25 | $835.7M | $4.0B | ||
| Q1 25 | $834.2M | $4.0B | ||
| Q4 24 | $833.1M | $4.2B | ||
| Q3 24 | $827.6M | $4.2B | ||
| Q2 24 | $1.1B | $3.9B | ||
| Q1 24 | $1.2B | $3.9B |
股东权益LIIPR
| Q4 25 | $1.2B | $10.3B | ||
| Q3 25 | $1.1B | $10.0B | ||
| Q2 25 | $900.5M | $9.5B | ||
| Q1 25 | $852.5M | $9.4B | ||
| Q4 24 | $850.2M | $9.1B | ||
| Q3 24 | $754.0M | $9.0B | ||
| Q2 24 | $577.4M | $8.3B | ||
| Q1 24 | $368.8M | $7.0B |
总资产LIIPR
| Q4 25 | $4.1B | $17.9B | ||
| Q3 25 | $3.5B | $17.3B | ||
| Q2 25 | $3.7B | $17.5B | ||
| Q1 25 | $3.5B | $17.1B | ||
| Q4 24 | $3.5B | $16.9B | ||
| Q3 24 | $3.3B | $16.6B | ||
| Q2 24 | $3.2B | $15.4B | ||
| Q1 24 | $3.0B | $15.1B |
负债/权益比LIIPR
| Q4 25 | 0.98× | 0.34× | ||
| Q3 25 | 0.78× | 0.35× | ||
| Q2 25 | 0.93× | 0.42× | ||
| Q1 25 | 0.98× | 0.43× | ||
| Q4 24 | 0.98× | 0.46× | ||
| Q3 24 | 1.10× | 0.47× | ||
| Q2 24 | 1.95× | 0.46× | ||
| Q1 24 | 3.13× | 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 | $405.9M | $904.3M |
| 自由现金流经营现金流 - 资本支出 | $376.7M | — |
| 自由现金流率自由现金流/营收 | 31.5% | — |
| 资本支出强度资本支出/营收 | 2.4% | — |
| 现金转化率经营现金流/净利润 | 2.50× | 2.66× |
| 过去12个月自由现金流最近4个季度 | $638.8M | — |
8季度趋势，按日历期对齐
经营现金流LIIPR
| Q4 25 | $405.9M | $904.3M | ||
| Q3 25 | $300.7M | $766.5M | ||
| Q2 25 | $86.8M | $1.0B | ||
| Q1 25 | $-35.8M | $898.0M | ||
| Q4 24 | $332.4M | $871.6M | ||
| Q3 24 | $452.1M | $954.4M | ||
| Q2 24 | $184.0M | $938.4M | ||
| Q1 24 | $-22.8M | $647.6M |
自由现金流LIIPR
| Q4 25 | $376.7M | — | ||
| Q3 25 | $265.1M | — | ||
| Q2 25 | $58.3M | — | ||
| Q1 25 | $-61.3M | — | ||
| Q4 24 | $272.2M | — | ||
| Q3 24 | $410.9M | — | ||
| Q2 24 | $151.3M | — | ||
| Q1 24 | $-52.3M | — |
自由现金流率LIIPR
| Q4 25 | 31.5% | — | ||
| Q3 25 | 18.6% | — | ||
| Q2 25 | 3.9% | — | ||
| Q1 25 | -5.7% | — | ||
| Q4 24 | 20.2% | — | ||
| Q3 24 | 27.4% | — | ||
| Q2 24 | 10.4% | — | ||
| Q1 24 | -5.0% | — |
资本支出强度LIIPR
| Q4 25 | 2.4% | — | ||
| Q3 25 | 2.5% | — | ||
| Q2 25 | 1.9% | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 4.5% | — | ||
| Q3 24 | 2.8% | — | ||
| Q2 24 | 2.3% | — | ||
| Q1 24 | 2.8% | — |
现金转化率LIIPR
| Q4 25 | 2.50× | 2.66× | ||
| Q3 25 | 1.22× | 12.94× | ||
| Q2 25 | 0.31× | 5.01× | ||
| Q1 25 | -0.30× | 2.73× | ||
| Q4 24 | 1.68× | 4.02× | ||
| Q3 24 | 1.89× | 2.47× | ||
| Q2 24 | 0.75× | 3.99× | ||
| Q1 24 | -0.18× | 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
LII
| Residential Heating And Cooling | $699.8M | 59% |
| Commercial Heating And Cooling | $495.2M | 41% |
PR
| Crude Oil | $1.0B | 87% |
| Natural Gas Liquids Reserves | $145.1M | 12% |
