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National Energy Services Reunited Corp.（NESR）与BRC Group Holdings, Inc.（RILY）财务数据对比。点击上方公司名可切换其他公司
National Energy Services Reunited Corp.的季度营收约是BRC Group Holdings, Inc.的1.6倍（$295.3M vs $188.3M），BRC Group Holdings, Inc.净利率更高（47.9% vs 6.0%，领先41.9%），National Energy Services Reunited Corp.同比增速更快（-12.2% vs -21.9%）
National Energy Services Reunited Corp.是一家领先的综合油田服务供应商，为油气上游运营商提供钻井建设、完井、生产运营及干预作业等全系列解决方案，核心市场覆盖中东、北非及东亚地区，服务各国国家石油公司及国际能源客户。
NESR vs RILY — 直观对比
营收规模更大
NESR
是对方的1.6倍
$188.3M
营收增速更快
NESR
高出9.7%
-21.9%
净利率更高
RILY
高出41.9%
6.0%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $295.3M | $188.3M |
| 净利润 | $17.7M | $90.3M |
| 毛利率 | 12.0% | 79.5% |
| 营业利润率 | 6.6% | 32.3% |
| 净利率 | 6.0% | 47.9% |
| 营收同比 | -12.2% | -21.9% |
| 净利润同比 | -14.0% | 1710.8% |
| 每股收益（稀释后） | $0.18 | $2.78 |
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NESRRILY
| Q4 25 | — | $188.3M | ||
| Q3 25 | $295.3M | $215.3M | ||
| Q2 25 | $327.4M | $188.2M | ||
| Q1 25 | $303.1M | $197.2M | ||
| Q4 24 | — | $241.0M | ||
| Q3 24 | $336.2M | $225.5M | ||
| Q2 24 | $325.0M | $256.0M | ||
| Q1 24 | — | $263.4M |
净利润NESRRILY
| Q4 25 | — | $90.3M | ||
| Q3 25 | $17.7M | $91.1M | ||
| Q2 25 | $15.2M | $139.5M | ||
| Q1 25 | $10.4M | $-10.0M | ||
| Q4 24 | — | $-5.6M | ||
| Q3 24 | $20.6M | $-284.4M | ||
| Q2 24 | $18.9M | $-433.6M | ||
| Q1 24 | — | $-49.2M |
毛利率NESRRILY
| Q4 25 | — | 79.5% | ||
| Q3 25 | 12.0% | 83.7% | ||
| Q2 25 | 13.4% | 81.3% | ||
| Q1 25 | 12.4% | 81.4% | ||
| Q4 24 | — | 79.8% | ||
| Q3 24 | 15.9% | 82.1% | ||
| Q2 24 | 16.4% | 84.5% | ||
| Q1 24 | — | 85.3% |
营业利润率NESRRILY
| Q4 25 | — | 32.3% | ||
| Q3 25 | 6.6% | 30.4% | ||
| Q2 25 | 8.3% | 5.7% | ||
| Q1 25 | 6.9% | -31.2% | ||
| Q4 24 | — | -69.2% | ||
| Q3 24 | 10.5% | -36.4% | ||
| Q2 24 | 10.5% | -90.8% | ||
| Q1 24 | — | -6.1% |
净利率NESRRILY
| Q4 25 | — | 47.9% | ||
| Q3 25 | 6.0% | 42.3% | ||
| Q2 25 | 4.6% | 74.1% | ||
| Q1 25 | 3.4% | -5.1% | ||
| Q4 24 | — | -2.3% | ||
| Q3 24 | 6.1% | -126.1% | ||
| Q2 24 | 5.8% | -169.4% | ||
| Q1 24 | — | -18.7% |
每股收益（稀释后）NESRRILY
| Q4 25 | — | $2.78 | ||
| Q3 25 | $0.18 | $2.91 | ||
| Q2 25 | $0.16 | $4.50 | ||
| Q1 25 | $0.11 | $-0.39 | ||
| Q4 24 | — | $-0.01 | ||
| Q3 24 | $0.22 | $-9.39 | ||
| Q2 24 | $0.20 | $-14.35 | ||
| Q1 24 | — | $-1.71 |
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 | $69.7M | $226.6M |
| 总债务越低越好 | $274.1M | $1.4B |
| 股东权益账面价值 | $956.7M | $-171.5M |
| 总资产 | $1.8B | $1.7B |
| 负债/权益比越低杠杆越低 | 0.29× | — |
8季度趋势，按日历期对齐
现金及短期投资NESRRILY
| Q4 25 | — | $226.6M | ||
| Q3 25 | $69.7M | $184.2M | ||
| Q2 25 | $131.8M | $267.4M | ||
| Q1 25 | $78.7M | $138.3M | ||
| Q4 24 | — | $146.9M | ||
| Q3 24 | $118.2M | $159.2M | ||
| Q2 24 | $75.0M | $236.9M | ||
| Q1 24 | — | $190.7M |
总债务NESRRILY
| Q4 25 | — | $1.4B | ||
| Q3 25 | $274.1M | $1.3B | ||
| Q2 25 | $291.7M | $1.3B | ||
| Q1 25 | $309.2M | $1.4B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | $358.7M | — | ||
| Q2 24 | $376.7M | — | ||
| Q1 24 | — | — |
股东权益NESRRILY
| Q4 25 | — | $-171.5M | ||
| Q3 25 | $956.7M | $-260.5M | ||
| Q2 25 | $936.9M | $-351.7M | ||
| Q1 25 | $920.5M | $-496.8M | ||
| Q4 24 | — | $-488.2M | ||
| Q3 24 | $873.5M | $-497.6M | ||
| Q2 24 | $851.4M | $-218.3M | ||
| Q1 24 | — | $228.4M |
总资产NESRRILY
| Q4 25 | — | $1.7B | ||
| Q3 25 | $1.8B | $1.7B | ||
| Q2 25 | $1.8B | $1.5B | ||
| Q1 25 | $1.8B | $1.5B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | $1.8B | $2.2B | ||
| Q2 24 | $1.8B | $3.2B | ||
| Q1 24 | — | $5.0B |
负债/权益比NESRRILY
| Q4 25 | — | — | ||
| Q3 25 | 0.29× | — | ||
| Q2 25 | 0.31× | — | ||
| Q1 25 | 0.34× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.41× | — | ||
| Q2 24 | 0.44× | — | ||
| Q1 24 | — | — |
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 | $6.7M | $26.2M |
| 自由现金流经营现金流 - 资本支出 | $-34.1M | — |
| 自由现金流率自由现金流/营收 | -11.5% | — |
| 资本支出强度资本支出/营收 | 13.8% | — |
| 现金转化率经营现金流/净利润 | 0.38× | 0.29× |
| 过去12个月自由现金流最近4个季度 | $68.5M | — |
8季度趋势，按日历期对齐
经营现金流NESRRILY
| Q4 25 | — | $26.2M | ||
| Q3 25 | $6.7M | $-60.6M | ||
| Q2 25 | $98.5M | $-25.6M | ||
| Q1 25 | $20.5M | $184.0K | ||
| Q4 24 | — | $-2.7M | ||
| Q3 24 | $70.8M | $19.5M | ||
| Q2 24 | — | $111.5M | ||
| Q1 24 | — | $135.4M |
自由现金流NESRRILY
| Q4 25 | — | — | ||
| Q3 25 | $-34.1M | — | ||
| Q2 25 | $68.7M | — | ||
| Q1 25 | $-9.6M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $43.4M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率NESRRILY
| Q4 25 | — | — | ||
| Q3 25 | -11.5% | — | ||
| Q2 25 | 21.0% | — | ||
| Q1 25 | -3.2% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 12.9% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度NESRRILY
| Q4 25 | — | — | ||
| Q3 25 | 13.8% | — | ||
| Q2 25 | 9.1% | — | ||
| Q1 25 | 9.9% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 8.1% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率NESRRILY
| Q4 25 | — | 0.29× | ||
| Q3 25 | 0.38× | -0.66× | ||
| Q2 25 | 6.48× | -0.18× | ||
| Q1 25 | 1.97× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.43× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
NESR
| Production Services | $174.4M | 59% |
| Drilling And Evaluation Services | $120.9M | 41% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
