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MERCURY GENERAL CORP（MCY）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
MERCURY GENERAL CORP的季度营收约是越洋钻探的1.5倍（$1.5B vs $1.0B），MERCURY GENERAL CORP净利率更高（13.2% vs 2.4%，领先10.8%），MERCURY GENERAL CORP同比增速更快（12.4% vs 9.6%），越洋钻探自由现金流更多（$321.0M vs $273.9M），过去两年越洋钻探的营收复合增速更高（16.9% vs 9.8%）
水星通用集团是一家综合性保险机构，业务覆盖个人车险、房主保险、租客保险及商业保险等多个品类，其中车险与房主保险是公司的核心经营板块。
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。
MCY vs RIG — 直观对比
营收规模更大
MCY
是对方的1.5倍
$1.0B
营收增速更快
MCY
高出2.9%
9.6%
净利率更高
MCY
高出10.8%
2.4%
自由现金流更多
RIG
多$47.1M
$273.9M
两年增速更快
RIG
近两年复合增速
9.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.0B |
| 净利润 | $202.5M | $25.0M |
| 毛利率 | 99.7% | 42.0% |
| 营业利润率 | 16.2% | 23.0% |
| 净利率 | 13.2% | 2.4% |
| 营收同比 | 12.4% | 9.6% |
| 净利润同比 | 100.4% | 257.1% |
| 每股收益（稀释后） | $3.66 | $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MCYRIG
| Q4 25 | $1.5B | $1.0B | ||
| Q3 25 | $1.6B | $1.0B | ||
| Q2 25 | $1.5B | $988.0M | ||
| Q1 25 | $1.4B | $906.0M | ||
| Q4 24 | $1.4B | $952.0M | ||
| Q3 24 | $1.5B | $948.0M | ||
| Q2 24 | $1.3B | $861.0M | ||
| Q1 24 | $1.3B | $763.0M |
净利润MCYRIG
| Q4 25 | $202.5M | $25.0M | ||
| Q3 25 | $280.4M | $-1.9B | ||
| Q2 25 | $166.5M | $-938.0M | ||
| Q1 25 | $-108.3M | $-79.0M | ||
| Q4 24 | $101.1M | $7.0M | ||
| Q3 24 | $230.9M | $-494.0M | ||
| Q2 24 | $62.6M | $-123.0M | ||
| Q1 24 | $73.5M | $98.0M |
毛利率MCYRIG
| Q4 25 | 99.7% | 42.0% | ||
| Q3 25 | 99.8% | 43.2% | ||
| Q2 25 | 99.8% | 39.4% | ||
| Q1 25 | 99.7% | 31.8% | ||
| Q4 24 | 99.7% | 39.2% | ||
| Q3 24 | 99.8% | 40.6% | ||
| Q2 24 | 99.8% | 38.0% | ||
| Q1 24 | 99.7% | 31.5% |
营业利润率MCYRIG
| Q4 25 | 16.2% | 23.0% | ||
| Q3 25 | 22.1% | -163.1% | ||
| Q2 25 | 14.0% | -97.6% | ||
| Q1 25 | -10.2% | 7.1% | ||
| Q4 24 | 9.0% | 13.7% | ||
| Q3 24 | 18.8% | -51.2% | ||
| Q2 24 | 5.8% | -6.9% | ||
| Q1 24 | 7.0% | -0.4% |
净利率MCYRIG
| Q4 25 | 13.2% | 2.4% | ||
| Q3 25 | 17.7% | -187.1% | ||
| Q2 25 | 11.3% | -94.9% | ||
| Q1 25 | -7.8% | -8.7% | ||
| Q4 24 | 7.4% | 0.7% | ||
| Q3 24 | 15.1% | -52.1% | ||
| Q2 24 | 4.8% | -14.3% | ||
| Q1 24 | 5.8% | 12.8% |
每股收益（稀释后）MCYRIG
| Q4 25 | $3.66 | $0.13 | ||
| Q3 25 | $5.06 | $-2.00 | ||
| Q2 25 | $3.01 | $-1.06 | ||
| Q1 25 | $-1.96 | $-0.11 | ||
| Q4 24 | $1.82 | $-0.14 | ||
| Q3 24 | $4.17 | $-0.58 | ||
| Q2 24 | $1.13 | $-0.15 | ||
| Q1 24 | $1.33 | $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 | — | $620.0M |
| 总债务越低越好 | $575.0M | $5.2B |
| 股东权益账面价值 | $2.4B | $8.1B |
| 总资产 | $9.6B | $15.6B |
| 负债/权益比越低杠杆越低 | 0.24× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资MCYRIG
| Q4 25 | — | $620.0M | ||
| Q3 25 | — | $833.0M | ||
| Q2 25 | — | $377.0M | ||
| Q1 25 | — | $263.0M | ||
| Q4 24 | — | $560.0M | ||
| Q3 24 | — | $435.0M | ||
| Q2 24 | — | $475.0M | ||
| Q1 24 | — | $446.0M |
总债务MCYRIG
| Q4 25 | $575.0M | $5.2B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $5.9B | ||
| Q1 25 | — | $5.9B | ||
| Q4 24 | $575.0M | $6.2B | ||
| Q3 24 | — | $6.5B | ||
| Q2 24 | — | $6.8B | ||
| Q1 24 | — | $6.8B |
股东权益MCYRIG
| Q4 25 | $2.4B | $8.1B | ||
| Q3 25 | $2.2B | $8.1B | ||
| Q2 25 | $2.0B | $9.4B | ||
| Q1 25 | $1.8B | $10.2B | ||
| Q4 24 | $1.9B | $10.3B | ||
| Q3 24 | $1.9B | $10.2B | ||
| Q2 24 | $1.6B | $10.7B | ||
| Q1 24 | $1.6B | $10.5B |
总资产MCYRIG
| Q4 25 | $9.6B | $15.6B | ||
| Q3 25 | $9.4B | $16.2B | ||
| Q2 25 | $9.1B | $17.8B | ||
| Q1 25 | $9.0B | $19.0B | ||
| Q4 24 | $8.3B | $19.4B | ||
| Q3 24 | $8.2B | $19.5B | ||
| Q2 24 | $7.7B | $20.3B | ||
| Q1 24 | $7.4B | $19.9B |
负债/权益比MCYRIG
| Q4 25 | 0.24× | 0.64× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | — | 0.63× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | 0.30× | 0.60× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.63× | ||
| Q1 24 | — | 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 | $287.9M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $273.9M | $321.0M |
| 自由现金流率自由现金流/营收 | 17.8% | 30.8% |
| 资本支出强度资本支出/营收 | 0.9% | 2.7% |
| 现金转化率经营现金流/净利润 | 1.42× | 13.96× |
| 过去12个月自由现金流最近4个季度 | $1.0B | $626.0M |
8季度趋势，按日历期对齐
经营现金流MCYRIG
| Q4 25 | $287.9M | $349.0M | ||
| Q3 25 | $496.4M | $246.0M | ||
| Q2 25 | $371.6M | $128.0M | ||
| Q1 25 | $-68.7M | $26.0M | ||
| Q4 24 | $248.3M | $206.0M | ||
| Q3 24 | $318.1M | $194.0M | ||
| Q2 24 | $278.0M | $133.0M | ||
| Q1 24 | $192.6M | $-86.0M |
自由现金流MCYRIG
| Q4 25 | $273.9M | $321.0M | ||
| Q3 25 | $479.5M | $235.0M | ||
| Q2 25 | $357.2M | $104.0M | ||
| Q1 25 | $-81.9M | $-34.0M | ||
| Q4 24 | $236.0M | $177.0M | ||
| Q3 24 | $306.2M | $136.0M | ||
| Q2 24 | $266.5M | $49.0M | ||
| Q1 24 | $182.4M | $-169.0M |
自由现金流率MCYRIG
| Q4 25 | 17.8% | 30.8% | ||
| Q3 25 | 30.3% | 22.9% | ||
| Q2 25 | 24.2% | 10.5% | ||
| Q1 25 | -5.9% | -3.8% | ||
| Q4 24 | 17.3% | 18.6% | ||
| Q3 24 | 20.0% | 14.3% | ||
| Q2 24 | 20.4% | 5.7% | ||
| Q1 24 | 14.3% | -22.1% |
资本支出强度MCYRIG
| Q4 25 | 0.9% | 2.7% | ||
| Q3 25 | 1.1% | 1.1% | ||
| Q2 25 | 1.0% | 2.4% | ||
| Q1 25 | 0.9% | 6.6% | ||
| Q4 24 | 0.9% | 3.0% | ||
| Q3 24 | 0.8% | 6.1% | ||
| Q2 24 | 0.9% | 9.8% | ||
| Q1 24 | 0.8% | 10.9% |
现金转化率MCYRIG
| Q4 25 | 1.42× | 13.96× | ||
| Q3 25 | 1.77× | — | ||
| Q2 25 | 2.23× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.46× | 29.43× | ||
| Q3 24 | 1.38× | — | ||
| Q2 24 | 4.44× | — | ||
| Q1 24 | 2.62× | -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
MCY
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% |
