vs
MACH NATURAL RESOURCES LP（MNR）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
RBC Bearings INC的季度营收约是MACH NATURAL RESOURCES LP的1.2倍（$461.6M vs $387.5M），MACH NATURAL RESOURCES LP净利率更高（18.9% vs 14.6%，领先4.3%），MACH NATURAL RESOURCES LP同比增速更快（65.0% vs 17.0%），过去两年MACH NATURAL RESOURCES LP的营收复合增速更高（27.3% vs 5.6%）
Mach Natural Resources LP是一家总部位于美国的上游能源企业，主要从事石油、天然气及液化天然气的勘探、开发与生产业务，核心运营资产分布在二叠纪盆地等美国陆上油气产区，专注于开发低成本高收益资产，为利益相关方创造可持续回报。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
MNR vs RBC — 直观对比
营收规模更大
RBC
是对方的1.2倍
$387.5M
营收增速更快
MNR
高出47.9%
17.0%
净利率更高
MNR
高出4.3%
14.6%
两年增速更快
MNR
近两年复合增速
5.6%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $387.5M | $461.6M |
| 净利润 | $73.1M | $67.4M |
| 毛利率 | — | 44.3% |
| 营业利润率 | 26.1% | 22.3% |
| 净利率 | 18.9% | 14.6% |
| 营收同比 | 65.0% | 17.0% |
| 净利润同比 | 100.2% | 16.4% |
| 每股收益（稀释后） | $0.47 | $2.13 |
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MNRRBC
| Q4 25 | $387.5M | $461.6M | ||
| Q3 25 | $272.6M | $455.3M | ||
| Q2 25 | $288.5M | $436.0M | ||
| Q1 25 | $226.8M | $437.7M | ||
| Q4 24 | $234.9M | $394.4M | ||
| Q3 24 | $255.5M | $397.9M | ||
| Q2 24 | $240.0M | $406.3M | ||
| Q1 24 | $239.2M | $413.7M |
净利润MNRRBC
| Q4 25 | $73.1M | $67.4M | ||
| Q3 25 | $-35.7M | $60.0M | ||
| Q2 25 | $89.7M | $68.5M | ||
| Q1 25 | $15.9M | $72.7M | ||
| Q4 24 | $36.5M | $57.9M | ||
| Q3 24 | $67.4M | $54.2M | ||
| Q2 24 | $39.5M | $61.4M | ||
| Q1 24 | $41.7M | — |
毛利率MNRRBC
| Q4 25 | — | 44.3% | ||
| Q3 25 | — | 44.1% | ||
| Q2 25 | — | 44.8% | ||
| Q1 25 | — | 44.2% | ||
| Q4 24 | — | 44.3% | ||
| Q3 24 | — | 43.7% | ||
| Q2 24 | — | 45.3% | ||
| Q1 24 | — | 43.1% |
营业利润率MNRRBC
| Q4 25 | 26.1% | 22.3% | ||
| Q3 25 | -7.0% | 21.5% | ||
| Q2 25 | 38.6% | 23.2% | ||
| Q1 25 | 22.8% | 23.0% | ||
| Q4 24 | 24.9% | 21.7% | ||
| Q3 24 | 37.1% | 21.6% | ||
| Q2 24 | 29.4% | 24.0% | ||
| Q1 24 | 28.1% | 22.8% |
净利率MNRRBC
| Q4 25 | 18.9% | 14.6% | ||
| Q3 25 | -13.1% | 13.2% | ||
| Q2 25 | 31.1% | 15.7% | ||
| Q1 25 | 7.0% | 16.6% | ||
| Q4 24 | 15.5% | 14.7% | ||
| Q3 24 | 26.4% | 13.6% | ||
| Q2 24 | 16.5% | 15.1% | ||
| Q1 24 | 17.4% | — |
每股收益（稀释后）MNRRBC
| Q4 25 | $0.47 | $2.13 | ||
| Q3 25 | $-0.28 | $1.90 | ||
| Q2 25 | $0.76 | $2.17 | ||
| Q1 25 | $0.14 | $2.33 | ||
| Q4 24 | $0.34 | $1.82 | ||
| Q3 24 | $0.70 | $1.65 | ||
| Q2 24 | $0.42 | $1.90 | ||
| Q1 24 | $0.44 | $1.92 |
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 | $42.6M | $107.6M |
| 总债务越低越好 | — | $990.2M |
| 股东权益账面价值 | — | $3.3B |
| 总资产 | $3.8B | $5.1B |
| 负债/权益比越低杠杆越低 | — | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资MNRRBC
| Q4 25 | $42.6M | $107.6M | ||
| Q3 25 | $53.6M | $91.2M | ||
| Q2 25 | $13.8M | $132.9M | ||
| Q1 25 | $7.8M | $36.8M | ||
| Q4 24 | $105.8M | — | ||
| Q3 24 | $184.5M | — | ||
| Q2 24 | $144.6M | $76.8M | ||
| Q1 24 | $151.3M | $63.5M |
总债务MNRRBC
| Q4 25 | — | $990.2M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $915.6M | ||
| Q1 25 | — | $920.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.2B |
股东权益MNRRBC
| Q4 25 | — | $3.3B | ||
| Q3 25 | — | $3.2B | ||
| Q2 25 | — | $3.1B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | — | $2.9B | ||
| Q2 24 | — | $2.8B | ||
| Q1 24 | — | $2.8B |
总资产MNRRBC
| Q4 25 | $3.8B | $5.1B | ||
| Q3 25 | $3.8B | $5.1B | ||
| Q2 25 | $2.3B | $4.8B | ||
| Q1 25 | $2.2B | $4.7B | ||
| Q4 24 | $2.3B | $4.7B | ||
| Q3 24 | $2.3B | $4.7B | ||
| Q2 24 | $2.2B | $4.7B | ||
| Q1 24 | $2.3B | $4.7B |
负债/权益比MNRRBC
| Q4 25 | — | 0.30× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.43× |
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 | $128.7M | $122.1M |
| 自由现金流经营现金流 - 资本支出 | — | $99.1M |
| 自由现金流率自由现金流/营收 | — | 21.5% |
| 资本支出强度资本支出/营收 | — | 5.0% |
| 现金转化率经营现金流/净利润 | 1.76× | 1.81× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流MNRRBC
| Q4 25 | $128.7M | $122.1M | ||
| Q3 25 | $105.5M | $88.4M | ||
| Q2 25 | $130.1M | $120.0M | ||
| Q1 25 | $142.5M | — | ||
| Q4 24 | $133.7M | $84.0M | ||
| Q3 24 | $110.8M | — | ||
| Q2 24 | $116.8M | $97.4M | ||
| Q1 24 | $144.0M | — |
自由现金流MNRRBC
| Q4 25 | — | $99.1M | ||
| Q3 25 | — | $71.7M | ||
| Q2 25 | — | $104.3M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $73.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $88.4M | ||
| Q1 24 | — | — |
自由现金流率MNRRBC
| Q4 25 | — | 21.5% | ||
| Q3 25 | — | 15.7% | ||
| Q2 25 | — | 23.9% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 18.7% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 21.8% | ||
| Q1 24 | — | — |
资本支出强度MNRRBC
| Q4 25 | — | 5.0% | ||
| Q3 25 | — | 3.7% | ||
| Q2 25 | — | 3.6% | ||
| Q1 25 | — | 3.2% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | — | 4.1% | ||
| Q2 24 | — | 2.2% | ||
| Q1 24 | — | — |
现金转化率MNRRBC
| Q4 25 | 1.76× | 1.81× | ||
| Q3 25 | — | 1.47× | ||
| Q2 25 | 1.45× | 1.75× | ||
| Q1 25 | 8.97× | — | ||
| Q4 24 | 3.66× | 1.45× | ||
| Q3 24 | 1.64× | — | ||
| Q2 24 | 2.96× | 1.59× | ||
| Q1 24 | 3.45× | — |
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
MNR
| Oil Gas And Natural Gas Liquids Net | $331.0M | 85% |
| Natural Gas Liquids Reserves | $44.8M | 12% |
| Natural Gas Midstream | $8.6M | 2% |
| Products | $6.3M | 2% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
