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National Energy Services Reunited Corp.（NESR）与BOSTON BEER CO INC（SAM）财务数据对比。点击上方公司名可切换其他公司
BOSTON BEER CO INC的季度营收约是National Energy Services Reunited Corp.的1.6倍（$461.6M vs $295.3M），BOSTON BEER CO INC同比增速更快（-4.1% vs -12.2%）
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。
波士顿啤酒公司是美国知名酿酒企业，1984年由吉姆·科赫与朗达·卡尔曼联合创立。旗下首款产品以美国开国元勋、独立运动先驱塞缪尔·亚当斯命名，后续陆续推出多个自有品牌，2019年正式完成与角鲨头酿酒厂的合并，是北美精酿啤酒行业的核心参与者之一。
NESR vs SAM — 直观对比
营收规模更大
SAM
是对方的1.6倍
$295.3M
营收增速更快
SAM
高出8.1%
-12.2%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $295.3M | $461.6M |
| 净利润 | $17.7M | — |
| 毛利率 | 12.0% | 46.4% |
| 营业利润率 | 6.6% | 12.4% |
| 净利率 | 6.0% | — |
| 营收同比 | -12.2% | -4.1% |
| 净利润同比 | -14.0% | — |
| 每股收益（稀释后） | $0.18 | $2.16 |
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NESRSAM
| Q1 26 | — | $461.6M | ||
| Q4 25 | — | $385.7M | ||
| Q3 25 | $295.3M | $537.5M | ||
| Q2 25 | $327.4M | $587.9M | ||
| Q1 25 | $303.1M | $453.9M | ||
| Q4 24 | — | $402.3M | ||
| Q3 24 | $336.2M | $605.5M | ||
| Q2 24 | $325.0M | $579.1M |
净利润NESRSAM
| Q1 26 | — | — | ||
| Q4 25 | — | $-22.5M | ||
| Q3 25 | $17.7M | $46.2M | ||
| Q2 25 | $15.2M | $60.4M | ||
| Q1 25 | $10.4M | $24.4M | ||
| Q4 24 | — | $-38.8M | ||
| Q3 24 | $20.6M | $33.5M | ||
| Q2 24 | $18.9M | $52.3M |
毛利率NESRSAM
| Q1 26 | — | 46.4% | ||
| Q4 25 | — | 43.5% | ||
| Q3 25 | 12.0% | 50.8% | ||
| Q2 25 | 13.4% | 49.8% | ||
| Q1 25 | 12.4% | 48.3% | ||
| Q4 24 | — | 39.9% | ||
| Q3 24 | 15.9% | 46.3% | ||
| Q2 24 | 16.4% | 46.0% |
营业利润率NESRSAM
| Q1 26 | — | 12.4% | ||
| Q4 25 | — | -8.6% | ||
| Q3 25 | 6.6% | 11.5% | ||
| Q2 25 | 8.3% | 14.0% | ||
| Q1 25 | 6.9% | 7.4% | ||
| Q4 24 | — | -13.9% | ||
| Q3 24 | 10.5% | 7.6% | ||
| Q2 24 | 10.5% | 12.2% |
净利率NESRSAM
| Q1 26 | — | — | ||
| Q4 25 | — | -5.8% | ||
| Q3 25 | 6.0% | 8.6% | ||
| Q2 25 | 4.6% | 10.3% | ||
| Q1 25 | 3.4% | 5.4% | ||
| Q4 24 | — | -9.6% | ||
| Q3 24 | 6.1% | 5.5% | ||
| Q2 24 | 5.8% | 9.0% |
每股收益（稀释后）NESRSAM
| Q1 26 | — | $2.16 | ||
| Q4 25 | — | $-1.97 | ||
| Q3 25 | $0.18 | $4.25 | ||
| Q2 25 | $0.16 | $5.45 | ||
| Q1 25 | $0.11 | $2.16 | ||
| Q4 24 | — | $-3.23 | ||
| Q3 24 | $0.22 | $2.86 | ||
| Q2 24 | $0.20 | $4.39 |
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 | $164.1M |
| 总债务越低越好 | $274.1M | — |
| 股东权益账面价值 | $956.7M | $682.6M |
| 总资产 | $1.8B | $1.2B |
| 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NESRSAM
| Q1 26 | — | $164.1M | ||
| Q4 25 | — | $223.4M | ||
| Q3 25 | $69.7M | $250.5M | ||
| Q2 25 | $131.8M | $212.4M | ||
| Q1 25 | $78.7M | $152.5M | ||
| Q4 24 | — | $211.8M | ||
| Q3 24 | $118.2M | $255.6M | ||
| Q2 24 | $75.0M | $219.3M |
总债务NESRSAM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $274.1M | — | ||
| Q2 25 | $291.7M | — | ||
| Q1 25 | $309.2M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $358.7M | — | ||
| Q2 24 | $376.7M | — |
股东权益NESRSAM
| Q1 26 | — | $682.6M | ||
| Q4 25 | — | $846.3M | ||
| Q3 25 | $956.7M | $911.0M | ||
| Q2 25 | $936.9M | $912.3M | ||
| Q1 25 | $920.5M | $897.0M | ||
| Q4 24 | — | $916.2M | ||
| Q3 24 | $873.5M | $1.0B | ||
| Q2 24 | $851.4M | $1.0B |
总资产NESRSAM
| Q1 26 | — | $1.2B | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | $1.8B | $1.2B | ||
| Q2 25 | $1.8B | $1.3B | ||
| Q1 25 | $1.8B | $1.2B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | $1.8B | $1.4B | ||
| Q2 24 | $1.8B | $1.4B |
负债/权益比NESRSAM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.29× | — | ||
| Q2 25 | 0.31× | — | ||
| Q1 25 | 0.34× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.41× | — | ||
| Q2 24 | 0.44× | — |
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 | — |
| 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× | — |
| 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NESRSAM
| Q1 26 | — | — | ||
| Q4 25 | — | $39.9M | ||
| Q3 25 | $6.7M | $101.8M | ||
| Q2 25 | $98.5M | $126.5M | ||
| Q1 25 | $20.5M | $1.9M | ||
| Q4 24 | — | $41.9M | ||
| Q3 24 | $70.8M | $115.9M | ||
| Q2 24 | — | $96.0M |
自由现金流NESRSAM
| Q1 26 | — | — | ||
| Q4 25 | — | $22.1M | ||
| Q3 25 | $-34.1M | $89.2M | ||
| Q2 25 | $68.7M | $112.2M | ||
| Q1 25 | $-9.6M | $-8.0M | ||
| Q4 24 | — | $18.4M | ||
| Q3 24 | $43.4M | $99.2M | ||
| Q2 24 | — | $75.6M |
自由现金流率NESRSAM
| Q1 26 | — | — | ||
| Q4 25 | — | 5.7% | ||
| Q3 25 | -11.5% | 16.6% | ||
| Q2 25 | 21.0% | 19.1% | ||
| Q1 25 | -3.2% | -1.8% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | 12.9% | 16.4% | ||
| Q2 24 | — | 13.1% |
资本支出强度NESRSAM
| Q1 26 | — | — | ||
| Q4 25 | — | 4.6% | ||
| Q3 25 | 13.8% | 2.3% | ||
| Q2 25 | 9.1% | 2.4% | ||
| Q1 25 | 9.9% | 2.2% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | 8.1% | 2.8% | ||
| Q2 24 | — | 3.5% |
现金转化率NESRSAM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.38× | 2.21× | ||
| Q2 25 | 6.48× | 2.09× | ||
| Q1 25 | 1.97× | 0.08× | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.43× | 3.46× | ||
| Q2 24 | — | 1.83× |
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% |
SAM
暂无分部数据
