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MSC INDUSTRIAL DIRECT CO INC（MSM）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MSC INDUSTRIAL DIRECT CO INC的1.1倍（$1.0B vs $965.7M），MSC INDUSTRIAL DIRECT CO INC净利率更高（5.4% vs 2.4%，领先3.0%），越洋钻探同比增速更快（9.6% vs 4.0%），越洋钻探自由现金流更多（$321.0M vs $7.4M），过去两年越洋钻探的营收复合增速更高（16.9% vs -3.4%）
MSC工业直销公司（MSC）通过旗下主要子公司MSC工业供应公司，是美国规模最大的工业设备分销商之一，可提供超过150万种金属加工及其他工业类产品，广泛服务于工业制造、维修运维等领域的客户需求。
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。
MSM vs RIG — 直观对比
营收规模更大
RIG
是对方的1.1倍
$965.7M
营收增速更快
RIG
高出5.6%
4.0%
净利率更高
MSM
高出3.0%
2.4%
自由现金流更多
RIG
多$313.6M
$7.4M
两年增速更快
RIG
近两年复合增速
-3.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $965.7M | $1.0B |
| 净利润 | $51.8M | $25.0M |
| 毛利率 | 40.7% | 42.0% |
| 营业利润率 | 7.9% | 23.0% |
| 净利率 | 5.4% | 2.4% |
| 营收同比 | 4.0% | 9.6% |
| 净利润同比 | 11.1% | 257.1% |
| 每股收益（稀释后） | $0.93 | $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MSMRIG
| Q4 25 | $965.7M | $1.0B | ||
| Q3 25 | $978.2M | $1.0B | ||
| Q2 25 | $971.1M | $988.0M | ||
| Q1 25 | — | $906.0M | ||
| Q4 24 | $928.5M | $952.0M | ||
| Q3 24 | — | $948.0M | ||
| Q2 24 | $979.4M | $861.0M | ||
| Q1 24 | $935.3M | $763.0M |
净利润MSMRIG
| Q4 25 | $51.8M | $25.0M | ||
| Q3 25 | $56.5M | $-1.9B | ||
| Q2 25 | $56.8M | $-938.0M | ||
| Q1 25 | — | $-79.0M | ||
| Q4 24 | $46.6M | $7.0M | ||
| Q3 24 | — | $-494.0M | ||
| Q2 24 | $71.7M | $-123.0M | ||
| Q1 24 | $61.8M | $98.0M |
毛利率MSMRIG
| Q4 25 | 40.7% | 42.0% | ||
| Q3 25 | 40.4% | 43.2% | ||
| Q2 25 | 41.0% | 39.4% | ||
| Q1 25 | — | 31.8% | ||
| Q4 24 | 40.7% | 39.2% | ||
| Q3 24 | — | 40.6% | ||
| Q2 24 | 40.9% | 38.0% | ||
| Q1 24 | 41.5% | 31.5% |
营业利润率MSMRIG
| Q4 25 | 7.9% | 23.0% | ||
| Q3 25 | 8.6% | -163.1% | ||
| Q2 25 | 8.5% | -97.6% | ||
| Q1 25 | — | 7.1% | ||
| Q4 24 | 7.8% | 13.7% | ||
| Q3 24 | — | -51.2% | ||
| Q2 24 | 10.9% | -6.9% | ||
| Q1 24 | 9.7% | -0.4% |
净利率MSMRIG
| Q4 25 | 5.4% | 2.4% | ||
| Q3 25 | 5.8% | -187.1% | ||
| Q2 25 | 5.9% | -94.9% | ||
| Q1 25 | — | -8.7% | ||
| Q4 24 | 5.0% | 0.7% | ||
| Q3 24 | — | -52.1% | ||
| Q2 24 | 7.3% | -14.3% | ||
| Q1 24 | 6.6% | 12.8% |
每股收益（稀释后）MSMRIG
| Q4 25 | $0.93 | $0.13 | ||
| Q3 25 | $1.02 | $-2.00 | ||
| Q2 25 | $1.02 | $-1.06 | ||
| Q1 25 | — | $-0.11 | ||
| Q4 24 | $0.83 | $-0.14 | ||
| Q3 24 | — | $-0.58 | ||
| Q2 24 | $1.27 | $-0.15 | ||
| Q1 24 | $1.10 | $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 | $40.3M | $620.0M |
| 总债务越低越好 | $214.1M | $5.2B |
| 股东权益账面价值 | $1.4B | $8.1B |
| 总资产 | $2.5B | $15.6B |
| 负债/权益比越低杠杆越低 | 0.16× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资MSMRIG
| Q4 25 | $40.3M | $620.0M | ||
| Q3 25 | $56.2M | $833.0M | ||
| Q2 25 | $71.7M | $377.0M | ||
| Q1 25 | — | $263.0M | ||
| Q4 24 | $57.3M | $560.0M | ||
| Q3 24 | — | $435.0M | ||
| Q2 24 | $25.9M | $475.0M | ||
| Q1 24 | $22.2M | $446.0M |
总债务MSMRIG
| Q4 25 | $214.1M | $5.2B | ||
| Q3 25 | $168.8M | $4.8B | ||
| Q2 25 | $285.0M | $5.9B | ||
| Q1 25 | — | $5.9B | ||
| Q4 24 | $289.9M | $6.2B | ||
| Q3 24 | — | $6.5B | ||
| Q2 24 | $299.8M | $6.8B | ||
| Q1 24 | $294.5M | $6.8B |
股东权益MSMRIG
| Q4 25 | $1.4B | $8.1B | ||
| Q3 25 | $1.4B | $8.1B | ||
| Q2 25 | $1.4B | $9.4B | ||
| Q1 25 | — | $10.2B | ||
| Q4 24 | $1.4B | $10.3B | ||
| Q3 24 | — | $10.2B | ||
| Q2 24 | $1.4B | $10.7B | ||
| Q1 24 | $1.4B | $10.5B |
总资产MSMRIG
| Q4 25 | $2.5B | $15.6B | ||
| Q3 25 | $2.5B | $16.2B | ||
| Q2 25 | $2.5B | $17.8B | ||
| Q1 25 | — | $19.0B | ||
| Q4 24 | $2.5B | $19.4B | ||
| Q3 24 | — | $19.5B | ||
| Q2 24 | $2.5B | $20.3B | ||
| Q1 24 | $2.5B | $19.9B |
负债/权益比MSMRIG
| Q4 25 | 0.16× | 0.64× | ||
| Q3 25 | 0.12× | 0.60× | ||
| Q2 25 | 0.21× | 0.63× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | 0.21× | 0.60× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | 0.21× | 0.63× | ||
| Q1 24 | 0.21× | 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 | $29.4M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $7.4M | $321.0M |
| 自由现金流率自由现金流/营收 | 0.8% | 30.8% |
| 资本支出强度资本支出/营收 | 2.3% | 2.7% |
| 现金转化率经营现金流/净利润 | 0.57× | 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MSMRIG
| Q4 25 | $29.4M | $349.0M | ||
| Q3 25 | — | $246.0M | ||
| Q2 25 | $151.6M | $128.0M | ||
| Q1 25 | — | $26.0M | ||
| Q4 24 | $101.9M | $206.0M | ||
| Q3 24 | — | $194.0M | ||
| Q2 24 | $143.5M | $133.0M | ||
| Q1 24 | $78.7M | $-86.0M |
自由现金流MSMRIG
| Q4 25 | $7.4M | $321.0M | ||
| Q3 25 | — | $235.0M | ||
| Q2 25 | $100.7M | $104.0M | ||
| Q1 25 | — | $-34.0M | ||
| Q4 24 | $81.7M | $177.0M | ||
| Q3 24 | — | $136.0M | ||
| Q2 24 | $114.0M | $49.0M | ||
| Q1 24 | $53.4M | $-169.0M |
自由现金流率MSMRIG
| Q4 25 | 0.8% | 30.8% | ||
| Q3 25 | — | 22.9% | ||
| Q2 25 | 10.4% | 10.5% | ||
| Q1 25 | — | -3.8% | ||
| Q4 24 | 8.8% | 18.6% | ||
| Q3 24 | — | 14.3% | ||
| Q2 24 | 11.6% | 5.7% | ||
| Q1 24 | 5.7% | -22.1% |
资本支出强度MSMRIG
| Q4 25 | 2.3% | 2.7% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | 5.2% | 2.4% | ||
| Q1 25 | — | 6.6% | ||
| Q4 24 | 2.2% | 3.0% | ||
| Q3 24 | — | 6.1% | ||
| Q2 24 | 3.0% | 9.8% | ||
| Q1 24 | 2.7% | 10.9% |
现金转化率MSMRIG
| Q4 25 | 0.57× | 13.96× | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.67× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.18× | 29.43× | ||
| Q3 24 | — | — | ||
| Q2 24 | 2.00× | — | ||
| Q1 24 | 1.27× | -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
MSM
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% |
