vs
晨星（MORN）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晨星的1.6倍（$1.0B vs $644.8M），晨星同比增速更快（10.8% vs 9.6%），越洋钻探自由现金流更多（$321.0M vs $53.6M），过去两年越洋钻探的营收复合增速更高（16.9% vs 6.2%）
晨星（Morningstar, Inc.）是总部位于美国伊利诺伊州芝加哥的金融服务机构，由乔·曼苏托于1984年创立，面向全球提供全方位的投资研究、投资管理等专业服务，是全球颇具知名度的投资资讯服务提供商。
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。
MORN vs RIG — 直观对比
营收规模更大
RIG
是对方的1.6倍
$644.8M
营收增速更快
MORN
高出1.3%
9.6%
自由现金流更多
RIG
多$267.4M
$53.6M
两年增速更快
RIG
近两年复合增速
6.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $644.8M | $1.0B |
| 净利润 | — | $25.0M |
| 毛利率 | 62.9% | 42.0% |
| 营业利润率 | 24.2% | 23.0% |
| 净利率 | — | 2.4% |
| 营收同比 | 10.8% | 9.6% |
| 净利润同比 | — | 257.1% |
| 每股收益（稀释后） | $2.73 | $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MORNRIG
| Q1 26 | $644.8M | — | ||
| Q4 25 | $641.1M | $1.0B | ||
| Q3 25 | $617.4M | $1.0B | ||
| Q2 25 | $605.1M | $988.0M | ||
| Q1 25 | $581.9M | $906.0M | ||
| Q4 24 | $591.0M | $952.0M | ||
| Q3 24 | $569.4M | $948.0M | ||
| Q2 24 | $571.9M | $861.0M |
净利润MORNRIG
| Q1 26 | — | — | ||
| Q4 25 | $115.1M | $25.0M | ||
| Q3 25 | $91.6M | $-1.9B | ||
| Q2 25 | $89.0M | $-938.0M | ||
| Q1 25 | $78.5M | $-79.0M | ||
| Q4 24 | $116.9M | $7.0M | ||
| Q3 24 | $119.7M | $-494.0M | ||
| Q2 24 | $69.1M | $-123.0M |
毛利率MORNRIG
| Q1 26 | 62.9% | — | ||
| Q4 25 | 61.1% | 42.0% | ||
| Q3 25 | 60.9% | 43.2% | ||
| Q2 25 | 61.9% | 39.4% | ||
| Q1 25 | 60.2% | 31.8% | ||
| Q4 24 | 60.7% | 39.2% | ||
| Q3 24 | 60.9% | 40.6% | ||
| Q2 24 | 61.1% | 38.0% |
营业利润率MORNRIG
| Q1 26 | 24.2% | — | ||
| Q4 25 | 24.9% | 23.0% | ||
| Q3 25 | 20.7% | -163.1% | ||
| Q2 25 | 20.7% | -97.6% | ||
| Q1 25 | 19.6% | 7.1% | ||
| Q4 24 | 28.5% | 13.7% | ||
| Q3 24 | 20.3% | -51.2% | ||
| Q2 24 | 19.0% | -6.9% |
净利率MORNRIG
| Q1 26 | — | — | ||
| Q4 25 | 18.0% | 2.4% | ||
| Q3 25 | 14.8% | -187.1% | ||
| Q2 25 | 14.7% | -94.9% | ||
| Q1 25 | 13.5% | -8.7% | ||
| Q4 24 | 19.8% | 0.7% | ||
| Q3 24 | 21.0% | -52.1% | ||
| Q2 24 | 12.1% | -14.3% |
每股收益（稀释后）MORNRIG
| Q1 26 | $2.73 | — | ||
| Q4 25 | $2.79 | $0.13 | ||
| Q3 25 | $2.17 | $-2.00 | ||
| Q2 25 | $2.09 | $-1.06 | ||
| Q1 25 | $1.82 | $-0.11 | ||
| Q4 24 | $2.72 | $-0.14 | ||
| Q3 24 | $2.77 | $-0.58 | ||
| Q2 24 | $1.60 | $-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 | $492.8M | $620.0M |
| 总债务越低越好 | $1.7B | $5.2B |
| 股东权益账面价值 | $1.0B | $8.1B |
| 总资产 | $4.0B | $15.6B |
| 负债/权益比越低杠杆越低 | 1.68× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资MORNRIG
| Q1 26 | $492.8M | — | ||
| Q4 25 | $528.7M | $620.0M | ||
| Q3 25 | $40.3M | $833.0M | ||
| Q2 25 | $38.1M | $377.0M | ||
| Q1 25 | $47.7M | $263.0M | ||
| Q4 24 | $551.0M | $560.0M | ||
| Q3 24 | $48.8M | $435.0M | ||
| Q2 24 | $48.0M | $475.0M |
总债务MORNRIG
| Q1 26 | $1.7B | — | ||
| Q4 25 | — | $5.2B | ||
| Q3 25 | $848.9M | $4.8B | ||
| Q2 25 | $838.8M | $5.9B | ||
| Q1 25 | $803.7M | $5.9B | ||
| Q4 24 | $698.6M | $6.2B | ||
| Q3 24 | $864.7M | $6.5B | ||
| Q2 24 | $899.6M | $6.8B |
股东权益MORNRIG
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.2B | $8.1B | ||
| Q3 25 | $1.5B | $8.1B | ||
| Q2 25 | $1.6B | $9.4B | ||
| Q1 25 | $1.6B | $10.2B | ||
| Q4 24 | $1.6B | $10.3B | ||
| Q3 24 | $1.6B | $10.2B | ||
| Q2 24 | $1.4B | $10.7B |
总资产MORNRIG
| Q1 26 | $4.0B | — | ||
| Q4 25 | $3.6B | $15.6B | ||
| Q3 25 | $3.6B | $16.2B | ||
| Q2 25 | $3.6B | $17.8B | ||
| Q1 25 | $3.6B | $19.0B | ||
| Q4 24 | $3.5B | $19.4B | ||
| Q3 24 | $3.6B | $19.5B | ||
| Q2 24 | $3.4B | $20.3B |
负债/权益比MORNRIG
| Q1 26 | 1.68× | — | ||
| Q4 25 | — | 0.64× | ||
| Q3 25 | 0.56× | 0.60× | ||
| Q2 25 | 0.52× | 0.63× | ||
| Q1 25 | 0.50× | 0.58× | ||
| Q4 24 | 0.43× | 0.60× | ||
| Q3 24 | 0.55× | 0.64× | ||
| Q2 24 | 0.63× | 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 | $53.6M | $321.0M |
| 自由现金流率自由现金流/营收 | 8.3% | 30.8% |
| 资本支出强度资本支出/营收 | 5.9% | 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 | $437.4M | $626.0M |
8季度趋势，按日历期对齐
经营现金流MORNRIG
| Q1 26 | — | — | ||
| Q4 25 | $204.0M | $349.0M | ||
| Q3 25 | $195.7M | $246.0M | ||
| Q2 25 | $99.0M | $128.0M | ||
| Q1 25 | $91.0M | $26.0M | ||
| Q4 24 | $153.4M | $206.0M | ||
| Q3 24 | $191.9M | $194.0M | ||
| Q2 24 | $152.7M | $133.0M |
自由现金流MORNRIG
| Q1 26 | $53.6M | — | ||
| Q4 25 | $161.3M | $321.0M | ||
| Q3 25 | $160.1M | $235.0M | ||
| Q2 25 | $62.4M | $104.0M | ||
| Q1 25 | $58.8M | $-34.0M | ||
| Q4 24 | $112.8M | $177.0M | ||
| Q3 24 | $155.8M | $136.0M | ||
| Q2 24 | $120.8M | $49.0M |
自由现金流率MORNRIG
| Q1 26 | 8.3% | — | ||
| Q4 25 | 25.2% | 30.8% | ||
| Q3 25 | 25.9% | 22.9% | ||
| Q2 25 | 10.3% | 10.5% | ||
| Q1 25 | 10.1% | -3.8% | ||
| Q4 24 | 19.1% | 18.6% | ||
| Q3 24 | 27.4% | 14.3% | ||
| Q2 24 | 21.1% | 5.7% |
资本支出强度MORNRIG
| Q1 26 | 5.9% | — | ||
| Q4 25 | 6.7% | 2.7% | ||
| Q3 25 | 5.8% | 1.1% | ||
| Q2 25 | 6.0% | 2.4% | ||
| Q1 25 | 5.5% | 6.6% | ||
| Q4 24 | 6.9% | 3.0% | ||
| Q3 24 | 6.3% | 6.1% | ||
| Q2 24 | 5.6% | 9.8% |
现金转化率MORNRIG
| Q1 26 | — | — | ||
| Q4 25 | 1.77× | 13.96× | ||
| Q3 25 | 2.14× | — | ||
| Q2 25 | 1.11× | — | ||
| Q1 25 | 1.16× | — | ||
| Q4 24 | 1.31× | 29.43× | ||
| Q3 24 | 1.60× | — | ||
| Q2 24 | 2.21× | — |
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
MORN
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% |
