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Matador Resources Co（MTDR）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
RXO, Inc.的季度营收约是Matador Resources Co的1.8倍（$1.5B vs $809.5M），Matador Resources Co净利率更高（23.8% vs -3.1%，领先26.9%），RXO, Inc.同比增速更快（-11.9% vs -17.2%），Matador Resources Co自由现金流更多（$8.1M vs $-9.0M），过去两年RXO, Inc.的营收复合增速更高（26.8% vs 1.5%）
Matador Resources Co是一家独立能源企业，主营石油、天然气及天然气凝液的勘探、开发、生产与收购业务，核心运营区域分布在美国多个主要陆上资源盆地，产品主要供应北美能源市场。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
MTDR vs RXO — 直观对比
营收规模更大
RXO
是对方的1.8倍
$809.5M
营收增速更快
RXO
高出5.4%
-17.2%
净利率更高
MTDR
高出26.9%
-3.1%
自由现金流更多
MTDR
多$17.1M
$-9.0M
两年增速更快
RXO
近两年复合增速
1.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $809.5M | $1.5B |
| 净利润 | $192.5M | $-46.0M |
| 毛利率 | — | — |
| 营业利润率 | 30.0% | -2.9% |
| 净利率 | 23.8% | -3.1% |
| 营收同比 | -17.2% | -11.9% |
| 净利润同比 | -10.2% | -84.0% |
| 每股收益（稀释后） | $1.54 | $-0.28 |
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MTDRRXO
| Q4 25 | $809.5M | $1.5B | ||
| Q3 25 | $915.1M | $1.4B | ||
| Q2 25 | $925.7M | $1.4B | ||
| Q1 25 | $1.0B | $1.4B | ||
| Q4 24 | $978.3M | $1.7B | ||
| Q3 24 | $860.1M | $1.0B | ||
| Q2 24 | $855.2M | $930.0M | ||
| Q1 24 | $785.3M | $913.0M |
净利润MTDRRXO
| Q4 25 | $192.5M | $-46.0M | ||
| Q3 25 | $176.4M | $-14.0M | ||
| Q2 25 | $150.2M | $-9.0M | ||
| Q1 25 | $240.1M | $-31.0M | ||
| Q4 24 | $214.5M | $-25.0M | ||
| Q3 24 | $248.3M | $-243.0M | ||
| Q2 24 | $228.8M | $-7.0M | ||
| Q1 24 | $193.7M | $-15.0M |
营业利润率MTDRRXO
| Q4 25 | 30.0% | -2.9% | ||
| Q3 25 | 33.4% | -0.5% | ||
| Q2 25 | 31.2% | — | ||
| Q1 25 | 38.7% | -2.1% | ||
| Q4 24 | 36.8% | -1.4% | ||
| Q3 24 | 45.6% | -1.9% | ||
| Q2 24 | 42.5% | — | ||
| Q1 24 | 40.6% | -1.3% |
净利率MTDRRXO
| Q4 25 | 23.8% | -3.1% | ||
| Q3 25 | 19.3% | -1.0% | ||
| Q2 25 | 16.2% | -0.6% | ||
| Q1 25 | 23.9% | -2.2% | ||
| Q4 24 | 21.9% | -1.5% | ||
| Q3 24 | 28.9% | -23.4% | ||
| Q2 24 | 26.8% | -0.8% | ||
| Q1 24 | 24.7% | -1.6% |
每股收益（稀释后）MTDRRXO
| Q4 25 | $1.54 | $-0.28 | ||
| Q3 25 | $1.42 | $-0.08 | ||
| Q2 25 | $1.21 | $-0.05 | ||
| Q1 25 | $1.92 | $-0.18 | ||
| Q4 24 | $1.71 | $-0.17 | ||
| Q3 24 | $1.99 | $-1.81 | ||
| Q2 24 | $1.83 | $-0.06 | ||
| Q1 24 | $1.61 | $-0.13 |
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 | $15.3M | $17.0M |
| 总债务越低越好 | $3.4B | $387.0M |
| 股东权益账面价值 | $5.7B | $1.5B |
| 总资产 | $11.7B | $3.3B |
| 负债/权益比越低杠杆越低 | 0.60× | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资MTDRRXO
| Q4 25 | $15.3M | $17.0M | ||
| Q3 25 | $20.1M | $25.0M | ||
| Q2 25 | $10.5M | $18.0M | ||
| Q1 25 | $14.5M | $16.0M | ||
| Q4 24 | $23.0M | $35.0M | ||
| Q3 24 | $23.3M | $55.0M | ||
| Q2 24 | $15.2M | $7.0M | ||
| Q1 24 | $23.2M | $7.0M |
总债务MTDRRXO
| Q4 25 | $3.4B | $387.0M | ||
| Q3 25 | $3.2B | $387.0M | ||
| Q2 25 | $3.3B | $387.0M | ||
| Q1 25 | $3.2B | $387.0M | ||
| Q4 24 | $3.3B | $351.0M | ||
| Q3 24 | — | $352.0M | ||
| Q2 24 | — | $370.0M | ||
| Q1 24 | — | $351.0M |
股东权益MTDRRXO
| Q4 25 | $5.7B | $1.5B | ||
| Q3 25 | $5.5B | $1.6B | ||
| Q2 25 | $5.4B | $1.6B | ||
| Q1 25 | $5.3B | $1.6B | ||
| Q4 24 | $5.1B | $1.6B | ||
| Q3 24 | $4.9B | $1.7B | ||
| Q2 24 | $4.6B | $579.0M | ||
| Q1 24 | $4.4B | $582.0M |
总资产MTDRRXO
| Q4 25 | $11.7B | $3.3B | ||
| Q3 25 | $11.6B | $3.2B | ||
| Q2 25 | $11.3B | $3.2B | ||
| Q1 25 | $11.1B | $3.3B | ||
| Q4 24 | $10.9B | $3.4B | ||
| Q3 24 | $10.6B | $3.4B | ||
| Q2 24 | $8.5B | $1.8B | ||
| Q1 24 | $8.2B | $1.8B |
负债/权益比MTDRRXO
| Q4 25 | 0.60× | 0.25× | ||
| Q3 25 | 0.58× | 0.24× | ||
| Q2 25 | 0.61× | 0.24× | ||
| Q1 25 | 0.60× | 0.24× | ||
| Q4 24 | 0.65× | 0.22× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.64× | ||
| Q1 24 | — | 0.60× |
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 | $474.4M | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $8.1M | $-9.0M |
| 自由现金流率自由现金流/营收 | 1.0% | -0.6% |
| 资本支出强度资本支出/营收 | 57.6% | 1.1% |
| 现金转化率经营现金流/净利润 | 2.46× | — |
| 过去12个月自由现金流最近4个季度 | $269.6M | $-8.0M |
8季度趋势，按日历期对齐
经营现金流MTDRRXO
| Q4 25 | $474.4M | $7.0M | ||
| Q3 25 | $721.7M | $23.0M | ||
| Q2 25 | $501.0M | $23.0M | ||
| Q1 25 | $727.9M | $-2.0M | ||
| Q4 24 | $575.0M | $-7.0M | ||
| Q3 24 | $610.4M | $-7.0M | ||
| Q2 24 | $592.9M | $-5.0M | ||
| Q1 24 | $468.6M | $7.0M |
自由现金流MTDRRXO
| Q4 25 | $8.1M | $-9.0M | ||
| Q3 25 | $78.3M | $9.0M | ||
| Q2 25 | $9.6M | $9.0M | ||
| Q1 25 | $173.6M | $-17.0M | ||
| Q4 24 | $45.2M | $-19.0M | ||
| Q3 24 | $-1.6B | $-18.0M | ||
| Q2 24 | $69.0M | $-16.0M | ||
| Q1 24 | $-170.0M | $-4.0M |
自由现金流率MTDRRXO
| Q4 25 | 1.0% | -0.6% | ||
| Q3 25 | 8.6% | 0.6% | ||
| Q2 25 | 1.0% | 0.6% | ||
| Q1 25 | 17.3% | -1.2% | ||
| Q4 24 | 4.6% | -1.1% | ||
| Q3 24 | -186.5% | -1.7% | ||
| Q2 24 | 8.1% | -1.7% | ||
| Q1 24 | -21.6% | -0.4% |
资本支出强度MTDRRXO
| Q4 25 | 57.6% | 1.1% | ||
| Q3 25 | 70.3% | 1.0% | ||
| Q2 25 | 53.1% | 1.0% | ||
| Q1 25 | 55.1% | 1.0% | ||
| Q4 24 | 54.2% | 0.7% | ||
| Q3 24 | 257.4% | 1.1% | ||
| Q2 24 | 61.3% | 1.2% | ||
| Q1 24 | 81.3% | 1.2% |
现金转化率MTDRRXO
| Q4 25 | 2.46× | — | ||
| Q3 25 | 4.09× | — | ||
| Q2 25 | 3.34× | — | ||
| Q1 25 | 3.03× | — | ||
| Q4 24 | 2.68× | — | ||
| Q3 24 | 2.46× | — | ||
| Q2 24 | 2.59× | — | ||
| Q1 24 | 2.42× | — |
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
MTDR
| Oil And Gas | $702.8M | 87% |
| Natural Gas Sales | $61.3M | 8% |
| Natural Gas Midstream | $45.4M | 6% |
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
