vs
美泰（MAT）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美泰的1.2倍（$1.0B vs $862.2M），美泰净利率更高（7.1% vs 2.4%，领先4.7%），越洋钻探同比增速更快（9.6% vs 4.3%），越洋钻探自由现金流更多（$321.0M vs $-88.1M），过去两年越洋钻探的营收复合增速更高（16.9% vs -10.6%）
美泰是美国知名玩具及娱乐企业，旗下影视制作部门美泰影业运营时间为2018年9月6日至2025年6月2日。其前身为2013年10月16日成立的美泰Playground Productions，更早可追溯至美泰娱乐、美泰工作室等集团原有娱乐业务品牌。
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。
MAT vs RIG — 直观对比
营收规模更大
RIG
是对方的1.2倍
$862.2M
营收增速更快
RIG
高出5.3%
4.3%
净利率更高
MAT
高出4.7%
2.4%
自由现金流更多
RIG
多$409.1M
$-88.1M
两年增速更快
RIG
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $862.2M | $1.0B |
| 净利润 | $61.0M | $25.0M |
| 毛利率 | 44.9% | 42.0% |
| 营业利润率 | — | 23.0% |
| 净利率 | 7.1% | 2.4% |
| 营收同比 | 4.3% | 9.6% |
| 净利润同比 | 251.4% | 257.1% |
| 每股收益（稀释后） | $0.20 | $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MATRIG
| Q1 26 | $862.2M | — | ||
| Q4 25 | $1.8B | $1.0B | ||
| Q3 25 | $1.7B | $1.0B | ||
| Q2 25 | $1.0B | $988.0M | ||
| Q1 25 | $826.6M | $906.0M | ||
| Q4 24 | $1.6B | $952.0M | ||
| Q3 24 | $1.8B | $948.0M | ||
| Q2 24 | $1.1B | $861.0M |
净利润MATRIG
| Q1 26 | $61.0M | — | ||
| Q4 25 | $106.2M | $25.0M | ||
| Q3 25 | $278.4M | $-1.9B | ||
| Q2 25 | $53.4M | $-938.0M | ||
| Q1 25 | $-40.3M | $-79.0M | ||
| Q4 24 | $140.9M | $7.0M | ||
| Q3 24 | $372.4M | $-494.0M | ||
| Q2 24 | $56.9M | $-123.0M |
毛利率MATRIG
| Q1 26 | 44.9% | — | ||
| Q4 25 | 45.9% | 42.0% | ||
| Q3 25 | 50.0% | 43.2% | ||
| Q2 25 | 50.9% | 39.4% | ||
| Q1 25 | 49.4% | 31.8% | ||
| Q4 24 | 50.7% | 39.2% | ||
| Q3 24 | 53.1% | 40.6% | ||
| Q2 24 | 49.2% | 38.0% |
营业利润率MATRIG
| Q1 26 | — | — | ||
| Q4 25 | 8.0% | 23.0% | ||
| Q3 25 | 21.9% | -163.1% | ||
| Q2 25 | 7.7% | -97.6% | ||
| Q1 25 | -6.4% | 7.1% | ||
| Q4 24 | 9.6% | 13.7% | ||
| Q3 24 | 26.5% | -51.2% | ||
| Q2 24 | 7.7% | -6.9% |
净利率MATRIG
| Q1 26 | 7.1% | — | ||
| Q4 25 | 6.0% | 2.4% | ||
| Q3 25 | 16.0% | -187.1% | ||
| Q2 25 | 5.2% | -94.9% | ||
| Q1 25 | -4.9% | -8.7% | ||
| Q4 24 | 8.6% | 0.7% | ||
| Q3 24 | 20.2% | -52.1% | ||
| Q2 24 | 5.3% | -14.3% |
每股收益（稀释后）MATRIG
| Q1 26 | $0.20 | — | ||
| Q4 25 | $0.32 | $0.13 | ||
| Q3 25 | $0.88 | $-2.00 | ||
| Q2 25 | $0.16 | $-1.06 | ||
| Q1 25 | $-0.12 | $-0.11 | ||
| Q4 24 | $0.40 | $-0.14 | ||
| Q3 24 | $1.09 | $-0.58 | ||
| Q2 24 | $0.17 | $-0.15 |
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 | $866.0M | $620.0M |
| 总债务越低越好 | $2.3B | $5.2B |
| 股东权益账面价值 | $2.1B | $8.1B |
| 总资产 | $6.3B | $15.6B |
| 负债/权益比越低杠杆越低 | 1.11× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资MATRIG
| Q1 26 | $866.0M | — | ||
| Q4 25 | $1.2B | $620.0M | ||
| Q3 25 | $691.9M | $833.0M | ||
| Q2 25 | $870.5M | $377.0M | ||
| Q1 25 | $1.2B | $263.0M | ||
| Q4 24 | $1.4B | $560.0M | ||
| Q3 24 | $723.5M | $435.0M | ||
| Q2 24 | $722.4M | $475.0M |
总债务MATRIG
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | $5.2B | ||
| Q3 25 | $2.3B | $4.8B | ||
| Q2 25 | $2.3B | $5.9B | ||
| Q1 25 | $2.3B | $5.9B | ||
| Q4 24 | $2.3B | $6.2B | ||
| Q3 24 | $2.3B | $6.5B | ||
| Q2 24 | $2.3B | $6.8B |
股东权益MATRIG
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.2B | $8.1B | ||
| Q3 25 | $2.3B | $8.1B | ||
| Q2 25 | $2.2B | $9.4B | ||
| Q1 25 | $2.1B | $10.2B | ||
| Q4 24 | $2.3B | $10.3B | ||
| Q3 24 | $2.3B | $10.2B | ||
| Q2 24 | $2.0B | $10.7B |
总资产MATRIG
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.6B | $15.6B | ||
| Q3 25 | $6.6B | $16.2B | ||
| Q2 25 | $6.2B | $17.8B | ||
| Q1 25 | $6.2B | $19.0B | ||
| Q4 24 | $6.5B | $19.4B | ||
| Q3 24 | $6.5B | $19.5B | ||
| Q2 24 | $5.9B | $20.3B |
负债/权益比MATRIG
| Q1 26 | 1.11× | — | ||
| Q4 25 | 1.04× | 0.64× | ||
| Q3 25 | 1.03× | 0.60× | ||
| Q2 25 | 1.08× | 0.63× | ||
| Q1 25 | 1.10× | 0.58× | ||
| Q4 24 | 1.03× | 0.60× | ||
| Q3 24 | 1.01× | 0.64× | ||
| Q2 24 | 1.18× | 0.63× |
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 | — | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $-88.1M | $321.0M |
| 自由现金流率自由现金流/营收 | -10.2% | 30.8% |
| 资本支出强度资本支出/营收 | 7.6% | 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MATRIG
| Q1 26 | — | — | ||
| Q4 25 | $796.6M | $349.0M | ||
| Q3 25 | $72.0M | $246.0M | ||
| Q2 25 | $-300.1M | $128.0M | ||
| Q1 25 | $24.8M | $26.0M | ||
| Q4 24 | $862.1M | $206.0M | ||
| Q3 24 | $155.8M | $194.0M | ||
| Q2 24 | $-252.9M | $133.0M |
自由现金流MATRIG
| Q1 26 | $-88.1M | — | ||
| Q4 25 | — | $321.0M | ||
| Q3 25 | — | $235.0M | ||
| Q2 25 | — | $104.0M | ||
| Q1 25 | — | $-34.0M | ||
| Q4 24 | — | $177.0M | ||
| Q3 24 | — | $136.0M | ||
| Q2 24 | — | $49.0M |
自由现金流率MATRIG
| Q1 26 | -10.2% | — | ||
| Q4 25 | — | 30.8% | ||
| Q3 25 | — | 22.9% | ||
| Q2 25 | — | 10.5% | ||
| Q1 25 | — | -3.8% | ||
| Q4 24 | — | 18.6% | ||
| Q3 24 | — | 14.3% | ||
| Q2 24 | — | 5.7% |
资本支出强度MATRIG
| Q1 26 | 7.6% | — | ||
| Q4 25 | — | 2.7% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 2.4% | ||
| Q1 25 | — | 6.6% | ||
| Q4 24 | — | 3.0% | ||
| Q3 24 | — | 6.1% | ||
| Q2 24 | — | 9.8% |
现金转化率MATRIG
| Q1 26 | — | — | ||
| Q4 25 | 7.50× | 13.96× | ||
| Q3 25 | 0.26× | — | ||
| Q2 25 | -5.62× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 6.12× | 29.43× | ||
| Q3 24 | 0.42× | — | ||
| Q2 24 | -4.45× | — |
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
MAT
暂无分部数据
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
