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巴诺书店（NE）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巴诺书店的1.4倍（$1.0B vs $764.4M）。巴诺书店净利率更高（11.3% vs 2.4%，领先8.9%）。越洋钻探同比增速更快（9.6% vs -17.6%）。越洋钻探自由现金流更多（$321.0M vs $35.4M）。过去两年越洋钻探的营收复合增速更高（16.9% vs 9.5%）
巴诺书店是美国知名连锁图书零售企业，拥有全美数量最多的实体零售网点，目前在美国境内共运营超过700家线下门店，为消费者提供各类书籍、文创产品及相关文化消费服务。
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。
NE vs RIG — 直观对比
营收规模更大
RIG
是对方的1.4倍
$764.4M
营收增速更快
RIG
高出27.1%
-17.6%
净利率更高
NE
高出8.9%
2.4%
自由现金流更多
RIG
多$285.6M
$35.4M
两年增速更快
RIG
近两年复合增速
9.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $764.4M | $1.0B |
| 净利润 | $86.6M | $25.0M |
| 毛利率 | — | 42.0% |
| 营业利润率 | 5.6% | 23.0% |
| 净利率 | 11.3% | 2.4% |
| 营收同比 | -17.6% | 9.6% |
| 净利润同比 | -10.4% | 257.1% |
| 每股收益（稀释后） | $0.54 | $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NERIG
| Q4 25 | $764.4M | $1.0B | ||
| Q3 25 | $798.0M | $1.0B | ||
| Q2 25 | $848.7M | $988.0M | ||
| Q1 25 | $874.5M | $906.0M | ||
| Q4 24 | $927.3M | $952.0M | ||
| Q3 24 | $800.5M | $948.0M | ||
| Q2 24 | $692.8M | $861.0M | ||
| Q1 24 | $637.1M | $763.0M |
净利润NERIG
| Q4 25 | $86.6M | $25.0M | ||
| Q3 25 | $-21.1M | $-1.9B | ||
| Q2 25 | $42.9M | $-938.0M | ||
| Q1 25 | $108.3M | $-79.0M | ||
| Q4 24 | $96.6M | $7.0M | ||
| Q3 24 | $61.2M | $-494.0M | ||
| Q2 24 | $195.0M | $-123.0M | ||
| Q1 24 | $95.5M | $98.0M |
毛利率NERIG
| Q4 25 | — | 42.0% | ||
| Q3 25 | — | 43.2% | ||
| Q2 25 | — | 39.4% | ||
| Q1 25 | — | 31.8% | ||
| Q4 24 | — | 39.2% | ||
| Q3 24 | — | 40.6% | ||
| Q2 24 | — | 38.0% | ||
| Q1 24 | — | 31.5% |
营业利润率NERIG
| Q4 25 | 5.6% | 23.0% | ||
| Q3 25 | 6.3% | -163.1% | ||
| Q2 25 | 15.9% | -97.6% | ||
| Q1 25 | 21.4% | 7.1% | ||
| Q4 24 | 18.4% | 13.7% | ||
| Q3 24 | 14.4% | -51.2% | ||
| Q2 24 | 30.3% | -6.9% | ||
| Q1 24 | 16.9% | -0.4% |
净利率NERIG
| Q4 25 | 11.3% | 2.4% | ||
| Q3 25 | -2.6% | -187.1% | ||
| Q2 25 | 5.1% | -94.9% | ||
| Q1 25 | 12.4% | -8.7% | ||
| Q4 24 | 10.4% | 0.7% | ||
| Q3 24 | 7.6% | -52.1% | ||
| Q2 24 | 28.1% | -14.3% | ||
| Q1 24 | 15.0% | 12.8% |
每股收益（稀释后）NERIG
| Q4 25 | $0.54 | $0.13 | ||
| Q3 25 | $-0.13 | $-2.00 | ||
| Q2 25 | $0.27 | $-1.06 | ||
| Q1 25 | $0.67 | $-0.11 | ||
| Q4 24 | $0.56 | $-0.14 | ||
| Q3 24 | $0.40 | $-0.58 | ||
| Q2 24 | $1.34 | $-0.15 | ||
| Q1 24 | $0.66 | $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 | $471.4M | $620.0M |
| 总债务越低越好 | — | $5.2B |
| 股东权益账面价值 | $4.5B | $8.1B |
| 总资产 | $7.5B | $15.6B |
| 负债/权益比越低杠杆越低 | — | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资NERIG
| Q4 25 | $471.4M | $620.0M | ||
| Q3 25 | $477.9M | $833.0M | ||
| Q2 25 | $338.2M | $377.0M | ||
| Q1 25 | $303.8M | $263.0M | ||
| Q4 24 | $247.3M | $560.0M | ||
| Q3 24 | $391.9M | $435.0M | ||
| Q2 24 | $162.9M | $475.0M | ||
| Q1 24 | $212.5M | $446.0M |
总债务NERIG
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $5.9B | ||
| Q1 25 | — | $5.9B | ||
| Q4 24 | — | $6.2B | ||
| Q3 24 | — | $6.5B | ||
| Q2 24 | — | $6.8B | ||
| Q1 24 | — | $6.8B |
股东权益NERIG
| Q4 25 | $4.5B | $8.1B | ||
| Q3 25 | $4.5B | $8.1B | ||
| Q2 25 | $4.6B | $9.4B | ||
| Q1 25 | $4.7B | $10.2B | ||
| Q4 24 | $4.7B | $10.3B | ||
| Q3 24 | $4.7B | $10.2B | ||
| Q2 24 | $4.0B | $10.7B | ||
| Q1 24 | $3.9B | $10.5B |
总资产NERIG
| Q4 25 | $7.5B | $15.6B | ||
| Q3 25 | $7.6B | $16.2B | ||
| Q2 25 | $7.7B | $17.8B | ||
| Q1 25 | $7.9B | $19.0B | ||
| Q4 24 | $8.0B | $19.4B | ||
| Q3 24 | $8.0B | $19.5B | ||
| Q2 24 | $5.6B | $20.3B | ||
| Q1 24 | $5.4B | $19.9B |
负债/权益比NERIG
| Q4 25 | — | 0.64× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | — | 0.63× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | — | 0.60× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.63× | ||
| Q1 24 | — | 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 | $187.1M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $35.4M | $321.0M |
| 自由现金流率自由现金流/营收 | 4.6% | 30.8% |
| 资本支出强度资本支出/营收 | 19.9% | 2.7% |
| 现金转化率经营现金流/净利润 | 2.16× | 13.96× |
| 过去12个月自由现金流最近4个季度 | $432.2M | $626.0M |
8季度趋势，按日历期对齐
经营现金流NERIG
| Q4 25 | $187.1M | $349.0M | ||
| Q3 25 | $277.1M | $246.0M | ||
| Q2 25 | $216.4M | $128.0M | ||
| Q1 25 | $271.1M | $26.0M | ||
| Q4 24 | $136.2M | $206.0M | ||
| Q3 24 | $283.8M | $194.0M | ||
| Q2 24 | $106.8M | $133.0M | ||
| Q1 24 | $128.7M | $-86.0M |
自由现金流NERIG
| Q4 25 | $35.4M | $321.0M | ||
| Q3 25 | $139.5M | $235.0M | ||
| Q2 25 | $99.8M | $104.0M | ||
| Q1 25 | $157.5M | $-34.0M | ||
| Q4 24 | $-4.4M | $177.0M | ||
| Q3 24 | $156.8M | $136.0M | ||
| Q2 24 | $-34.3M | $49.0M | ||
| Q1 24 | $-37.9M | $-169.0M |
自由现金流率NERIG
| Q4 25 | 4.6% | 30.8% | ||
| Q3 25 | 17.5% | 22.9% | ||
| Q2 25 | 11.8% | 10.5% | ||
| Q1 25 | 18.0% | -3.8% | ||
| Q4 24 | -0.5% | 18.6% | ||
| Q3 24 | 19.6% | 14.3% | ||
| Q2 24 | -4.9% | 5.7% | ||
| Q1 24 | -6.0% | -22.1% |
资本支出强度NERIG
| Q4 25 | 19.9% | 2.7% | ||
| Q3 25 | 17.3% | 1.1% | ||
| Q2 25 | 13.7% | 2.4% | ||
| Q1 25 | 13.0% | 6.6% | ||
| Q4 24 | 15.2% | 3.0% | ||
| Q3 24 | 15.9% | 6.1% | ||
| Q2 24 | 20.4% | 9.8% | ||
| Q1 24 | 26.2% | 10.9% |
现金转化率NERIG
| Q4 25 | 2.16× | 13.96× | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.05× | — | ||
| Q1 25 | 2.50× | — | ||
| Q4 24 | 1.41× | 29.43× | ||
| Q3 24 | 4.64× | — | ||
| Q2 24 | 0.55× | — | ||
| Q1 24 | 1.35× | -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
NE
| Floaters | $559.8M | 73% |
| Jackups | $145.5M | 19% |
| Service Other | $59.1M | 8% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
