vs
Magnera Corp（MAGN）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Magnera Corp的1.3倍（$1.0B vs $792.0M），越洋钻探净利率更高（2.4% vs -4.3%，领先6.7%），Magnera Corp同比增速更快（12.8% vs 9.6%），越洋钻探自由现金流更多（$321.0M vs $-13.0M），过去两年Magnera Corp的营收复合增速更高（54.9% vs 16.9%）
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。
MAGN vs RIG — 直观对比
营收规模更大
RIG
是对方的1.3倍
$792.0M
营收增速更快
MAGN
高出3.3%
9.6%
净利率更高
RIG
高出6.7%
-4.3%
自由现金流更多
RIG
多$334.0M
$-13.0M
两年增速更快
MAGN
近两年复合增速
16.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $792.0M | $1.0B |
| 净利润 | $-34.0M | $25.0M |
| 毛利率 | 12.2% | 42.0% |
| 营业利润率 | 1.8% | 23.0% |
| 净利率 | -4.3% | 2.4% |
| 营收同比 | 12.8% | 9.6% |
| 净利润同比 | 43.3% | 257.1% |
| 每股收益（稀释后） | $-0.95 | $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MAGNRIG
| Q4 25 | $792.0M | $1.0B | ||
| Q3 25 | — | $1.0B | ||
| Q2 25 | $839.0M | $988.0M | ||
| Q1 25 | $824.0M | $906.0M | ||
| Q4 24 | $702.0M | $952.0M | ||
| Q3 24 | $332.1M | $948.0M | ||
| Q2 24 | $556.0M | $861.0M | ||
| Q1 24 | $558.0M | $763.0M |
净利润MAGNRIG
| Q4 25 | $-34.0M | $25.0M | ||
| Q3 25 | — | $-1.9B | ||
| Q2 25 | $-18.0M | $-938.0M | ||
| Q1 25 | $-41.0M | $-79.0M | ||
| Q4 24 | $-60.0M | $7.0M | ||
| Q3 24 | $-15.2M | $-494.0M | ||
| Q2 24 | $19.0M | $-123.0M | ||
| Q1 24 | $14.0M | $98.0M |
毛利率MAGNRIG
| Q4 25 | 12.2% | 42.0% | ||
| Q3 25 | — | 43.2% | ||
| Q2 25 | 10.7% | 39.4% | ||
| Q1 25 | 10.7% | 31.8% | ||
| Q4 24 | 10.1% | 39.2% | ||
| Q3 24 | 10.7% | 40.6% | ||
| Q2 24 | 6.6% | 38.0% | ||
| Q1 24 | 6.2% | 31.5% |
营业利润率MAGNRIG
| Q4 25 | 1.8% | 23.0% | ||
| Q3 25 | — | -163.1% | ||
| Q2 25 | 1.5% | -97.6% | ||
| Q1 25 | 0.5% | 7.1% | ||
| Q4 24 | -3.1% | 13.7% | ||
| Q3 24 | 0.9% | -51.2% | ||
| Q2 24 | 3.1% | -6.9% | ||
| Q1 24 | 3.8% | -0.4% |
净利率MAGNRIG
| Q4 25 | -4.3% | 2.4% | ||
| Q3 25 | — | -187.1% | ||
| Q2 25 | -2.1% | -94.9% | ||
| Q1 25 | -5.0% | -8.7% | ||
| Q4 24 | -8.5% | 0.7% | ||
| Q3 24 | -4.6% | -52.1% | ||
| Q2 24 | 3.4% | -14.3% | ||
| Q1 24 | 2.5% | 12.8% |
每股收益（稀释后）MAGNRIG
| Q4 25 | $-0.95 | $0.13 | ||
| Q3 25 | — | $-2.00 | ||
| Q2 25 | $-0.51 | $-1.06 | ||
| Q1 25 | $-1.15 | $-0.11 | ||
| Q4 24 | $-1.69 | $-0.14 | ||
| Q3 24 | $-0.33 | $-0.58 | ||
| Q2 24 | $0.60 | $-0.15 | ||
| Q1 24 | $0.44 | $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 | $264.0M | $620.0M |
| 总债务越低越好 | $1.9B | $5.2B |
| 股东权益账面价值 | $1.0B | $8.1B |
| 总资产 | $3.9B | $15.6B |
| 负债/权益比越低杠杆越低 | 1.86× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资MAGNRIG
| Q4 25 | $264.0M | $620.0M | ||
| Q3 25 | — | $833.0M | ||
| Q2 25 | $276.0M | $377.0M | ||
| Q1 25 | $282.0M | $263.0M | ||
| Q4 24 | $215.0M | $560.0M | ||
| Q3 24 | $230.0M | $435.0M | ||
| Q2 24 | $33.9M | $475.0M | ||
| Q1 24 | $30.2M | $446.0M |
总债务MAGNRIG
| Q4 25 | $1.9B | $5.2B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | $2.0B | $5.9B | ||
| Q1 25 | $2.0B | $5.9B | ||
| Q4 24 | $2.0B | $6.2B | ||
| Q3 24 | $2.0B | $6.5B | ||
| Q2 24 | $877.4M | $6.8B | ||
| Q1 24 | $884.7M | $6.8B |
股东权益MAGNRIG
| Q4 25 | $1.0B | $8.1B | ||
| Q3 25 | — | $8.1B | ||
| Q2 25 | $1.1B | $9.4B | ||
| Q1 25 | $1.1B | $10.2B | ||
| Q4 24 | $1.1B | $10.3B | ||
| Q3 24 | $2.1B | $10.2B | ||
| Q2 24 | $2.4B | $10.7B | ||
| Q1 24 | $2.4B | $10.5B |
总资产MAGNRIG
| Q4 25 | $3.9B | $15.6B | ||
| Q3 25 | — | $16.2B | ||
| Q2 25 | $4.1B | $17.8B | ||
| Q1 25 | $4.1B | $19.0B | ||
| Q4 24 | $4.0B | $19.4B | ||
| Q3 24 | $2.8B | $19.5B | ||
| Q2 24 | $1.5B | $20.3B | ||
| Q1 24 | $1.5B | $19.9B |
负债/权益比MAGNRIG
| Q4 25 | 1.86× | 0.64× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | 1.77× | 0.63× | ||
| Q1 25 | 1.83× | 0.58× | ||
| Q4 24 | 1.80× | 0.60× | ||
| Q3 24 | 0.91× | 0.64× | ||
| Q2 24 | 0.37× | 0.63× | ||
| Q1 24 | 0.36× | 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 | $2.0M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $-13.0M | $321.0M |
| 自由现金流率自由现金流/营收 | -1.6% | 30.8% |
| 资本支出强度资本支出/营收 | 1.9% | 2.7% |
| 现金转化率经营现金流/净利润 | — | 13.96× |
| 过去12个月自由现金流最近4个季度 | — | $626.0M |
8季度趋势，按日历期对齐
经营现金流MAGNRIG
| Q4 25 | $2.0M | $349.0M | ||
| Q3 25 | — | $246.0M | ||
| Q2 25 | $0 | $128.0M | ||
| Q1 25 | $65.0M | $26.0M | ||
| Q4 24 | $-58.0M | $206.0M | ||
| Q3 24 | $12.2M | $194.0M | ||
| Q2 24 | $38.0M | $133.0M | ||
| Q1 24 | $20.0M | $-86.0M |
自由现金流MAGNRIG
| Q4 25 | $-13.0M | $321.0M | ||
| Q3 25 | — | $235.0M | ||
| Q2 25 | — | $104.0M | ||
| Q1 25 | $42.0M | $-34.0M | ||
| Q4 24 | $-74.0M | $177.0M | ||
| Q3 24 | $3.6M | $136.0M | ||
| Q2 24 | $23.0M | $49.0M | ||
| Q1 24 | $12.5M | $-169.0M |
自由现金流率MAGNRIG
| Q4 25 | -1.6% | 30.8% | ||
| Q3 25 | — | 22.9% | ||
| Q2 25 | — | 10.5% | ||
| Q1 25 | 5.1% | -3.8% | ||
| Q4 24 | -10.5% | 18.6% | ||
| Q3 24 | 1.1% | 14.3% | ||
| Q2 24 | 4.1% | 5.7% | ||
| Q1 24 | 2.2% | -22.1% |
资本支出强度MAGNRIG
| Q4 25 | 1.9% | 2.7% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | 1.5% | 2.4% | ||
| Q1 25 | 2.8% | 6.6% | ||
| Q4 24 | 2.3% | 3.0% | ||
| Q3 24 | 2.6% | 6.1% | ||
| Q2 24 | 2.7% | 9.8% | ||
| Q1 24 | 1.3% | 10.9% |
现金转化率MAGNRIG
| Q4 25 | — | 13.96× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 29.43× | ||
| Q3 24 | — | — | ||
| Q2 24 | 2.00× | — | ||
| Q1 24 | 1.43× | -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
MAGN
| Other | $451.0M | 57% |
| United States And Canada | $341.0M | 43% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
