vs
美满电子科技（MRVL）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
美满电子科技的季度营收约是越洋钻探的2.0倍（$2.1B vs $1.0B），美满电子科技净利率更高（91.7% vs 2.4%，领先89.3%），美满电子科技同比增速更快（36.8% vs 9.6%），美满电子科技自由现金流更多（$508.8M vs $321.0M），过去两年美满电子科技的营收复合增速更高（20.6% vs 16.9%）
美满电子科技是总部位于美国加利福尼亚州圣克拉拉的半导体企业，成立于1995年，专注于半导体及相关技术的研发与生产。截至2024年，公司全球员工超6500人，持有全球专利超1万项，2024财年总营收达55亿美元。
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。
MRVL vs RIG — 直观对比
营收规模更大
MRVL
是对方的2.0倍
$1.0B
营收增速更快
MRVL
高出27.3%
9.6%
净利率更高
MRVL
高出89.3%
2.4%
自由现金流更多
MRVL
多$187.8M
$321.0M
两年增速更快
MRVL
近两年复合增速
16.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $1.0B |
| 净利润 | $1.9B | $25.0M |
| 毛利率 | 51.6% | 42.0% |
| 营业利润率 | 17.2% | 23.0% |
| 净利率 | 91.7% | 2.4% |
| 营收同比 | 36.8% | 9.6% |
| 净利润同比 | 381.1% | 257.1% |
| 每股收益（稀释后） | $2.20 | $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MRVLRIG
| Q4 25 | $2.1B | $1.0B | ||
| Q3 25 | $2.0B | $1.0B | ||
| Q2 25 | $1.9B | $988.0M | ||
| Q1 25 | $1.8B | $906.0M | ||
| Q4 24 | $1.5B | $952.0M | ||
| Q3 24 | $1.3B | $948.0M | ||
| Q2 24 | $1.2B | $861.0M | ||
| Q1 24 | $1.4B | $763.0M |
净利润MRVLRIG
| Q4 25 | $1.9B | $25.0M | ||
| Q3 25 | $194.8M | $-1.9B | ||
| Q2 25 | $177.9M | $-938.0M | ||
| Q1 25 | $200.2M | $-79.0M | ||
| Q4 24 | $-676.3M | $7.0M | ||
| Q3 24 | $-193.3M | $-494.0M | ||
| Q2 24 | $-215.6M | $-123.0M | ||
| Q1 24 | $-392.7M | $98.0M |
毛利率MRVLRIG
| Q4 25 | 51.6% | 42.0% | ||
| Q3 25 | 50.4% | 43.2% | ||
| Q2 25 | 50.3% | 39.4% | ||
| Q1 25 | 50.5% | 31.8% | ||
| Q4 24 | 23.0% | 39.2% | ||
| Q3 24 | 46.2% | 40.6% | ||
| Q2 24 | 45.5% | 38.0% | ||
| Q1 24 | 46.6% | 31.5% |
营业利润率MRVLRIG
| Q4 25 | 17.2% | 23.0% | ||
| Q3 25 | 14.5% | -163.1% | ||
| Q2 25 | 14.3% | -97.6% | ||
| Q1 25 | 12.9% | 7.1% | ||
| Q4 24 | -46.4% | 13.7% | ||
| Q3 24 | -7.9% | -51.2% | ||
| Q2 24 | -13.1% | -6.9% | ||
| Q1 24 | -2.3% | -0.4% |
净利率MRVLRIG
| Q4 25 | 91.7% | 2.4% | ||
| Q3 25 | 9.7% | -187.1% | ||
| Q2 25 | 9.4% | -94.9% | ||
| Q1 25 | 11.0% | -8.7% | ||
| Q4 24 | -44.6% | 0.7% | ||
| Q3 24 | -15.2% | -52.1% | ||
| Q2 24 | -18.6% | -14.3% | ||
| Q1 24 | -27.5% | 12.8% |
每股收益（稀释后）MRVLRIG
| Q4 25 | $2.20 | $0.13 | ||
| Q3 25 | $0.22 | $-2.00 | ||
| Q2 25 | $0.20 | $-1.06 | ||
| Q1 25 | $0.23 | $-0.11 | ||
| Q4 24 | $-0.78 | $-0.14 | ||
| Q3 24 | $-0.22 | $-0.58 | ||
| Q2 24 | $-0.25 | $-0.15 | ||
| Q1 24 | $-0.45 | $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 | $2.7B | $620.0M |
| 总债务越低越好 | $4.5B | $5.2B |
| 股东权益账面价值 | $14.1B | $8.1B |
| 总资产 | $21.6B | $15.6B |
| 负债/权益比越低杠杆越低 | 0.32× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资MRVLRIG
| Q4 25 | $2.7B | $620.0M | ||
| Q3 25 | $1.2B | $833.0M | ||
| Q2 25 | $885.9M | $377.0M | ||
| Q1 25 | $948.3M | $263.0M | ||
| Q4 24 | $868.1M | $560.0M | ||
| Q3 24 | $808.7M | $435.0M | ||
| Q2 24 | $847.7M | $475.0M | ||
| Q1 24 | $950.8M | $446.0M |
总债务MRVLRIG
| Q4 25 | $4.5B | $5.2B | ||
| Q3 25 | $4.5B | $4.8B | ||
| Q2 25 | $4.2B | $5.9B | ||
| Q1 25 | $4.1B | $5.9B | ||
| Q4 24 | $4.1B | $6.2B | ||
| Q3 24 | $4.1B | $6.5B | ||
| Q2 24 | $4.1B | $6.8B | ||
| Q1 24 | $4.2B | $6.8B |
股东权益MRVLRIG
| Q4 25 | $14.1B | $8.1B | ||
| Q3 25 | $13.4B | $8.1B | ||
| Q2 25 | $13.3B | $9.4B | ||
| Q1 25 | $13.4B | $10.2B | ||
| Q4 24 | $13.4B | $10.3B | ||
| Q3 24 | $14.2B | $10.2B | ||
| Q2 24 | $14.5B | $10.7B | ||
| Q1 24 | $14.8B | $10.5B |
总资产MRVLRIG
| Q4 25 | $21.6B | $15.6B | ||
| Q3 25 | $20.6B | $16.2B | ||
| Q2 25 | $20.0B | $17.8B | ||
| Q1 25 | $20.2B | $19.0B | ||
| Q4 24 | $19.7B | $19.4B | ||
| Q3 24 | $20.3B | $19.5B | ||
| Q2 24 | $20.5B | $20.3B | ||
| Q1 24 | $21.2B | $19.9B |
负债/权益比MRVLRIG
| Q4 25 | 0.32× | 0.64× | ||
| Q3 25 | 0.33× | 0.60× | ||
| Q2 25 | 0.32× | 0.63× | ||
| Q1 25 | 0.30× | 0.58× | ||
| Q4 24 | 0.31× | 0.60× | ||
| Q3 24 | 0.29× | 0.64× | ||
| Q2 24 | 0.29× | 0.63× | ||
| Q1 24 | 0.28× | 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 | $582.3M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $508.8M | $321.0M |
| 自由现金流率自由现金流/营收 | 24.5% | 30.8% |
| 资本支出强度资本支出/营收 | 3.5% | 2.7% |
| 现金转化率经营现金流/净利润 | 0.31× | 13.96× |
| 过去12个月自由现金流最近4个季度 | $1.6B | $626.0M |
8季度趋势，按日历期对齐
经营现金流MRVLRIG
| Q4 25 | $582.3M | $349.0M | ||
| Q3 25 | $461.6M | $246.0M | ||
| Q2 25 | $332.9M | $128.0M | ||
| Q1 25 | $514.0M | $26.0M | ||
| Q4 24 | $536.3M | $206.0M | ||
| Q3 24 | $306.4M | $194.0M | ||
| Q2 24 | $324.5M | $133.0M | ||
| Q1 24 | $546.6M | $-86.0M |
自由现金流MRVLRIG
| Q4 25 | $508.8M | $321.0M | ||
| Q3 25 | $414.1M | $235.0M | ||
| Q2 25 | $214.1M | $104.0M | ||
| Q1 25 | $444.1M | $-34.0M | ||
| Q4 24 | $461.3M | $177.0M | ||
| Q3 24 | $258.2M | $136.0M | ||
| Q2 24 | $233.0M | $49.0M | ||
| Q1 24 | $475.6M | $-169.0M |
自由现金流率MRVLRIG
| Q4 25 | 24.5% | 30.8% | ||
| Q3 25 | 20.6% | 22.9% | ||
| Q2 25 | 11.3% | 10.5% | ||
| Q1 25 | 24.4% | -3.8% | ||
| Q4 24 | 30.4% | 18.6% | ||
| Q3 24 | 20.3% | 14.3% | ||
| Q2 24 | 20.1% | 5.7% | ||
| Q1 24 | 33.3% | -22.1% |
资本支出强度MRVLRIG
| Q4 25 | 3.5% | 2.7% | ||
| Q3 25 | 2.4% | 1.1% | ||
| Q2 25 | 6.3% | 2.4% | ||
| Q1 25 | 3.8% | 6.6% | ||
| Q4 24 | 4.9% | 3.0% | ||
| Q3 24 | 3.8% | 6.1% | ||
| Q2 24 | 7.9% | 9.8% | ||
| Q1 24 | 5.0% | 10.9% |
现金转化率MRVLRIG
| Q4 25 | 0.31× | 13.96× | ||
| Q3 25 | 2.37× | — | ||
| Q2 25 | 1.87× | — | ||
| Q1 25 | 2.57× | — | ||
| Q4 24 | — | 29.43× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -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
MRVL
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% |
