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NORTHERN OIL & GAS, INC.（NOG）与VinFast Auto Ltd.（VFS）财务数据对比。点击上方公司名可切换其他公司
VinFast Auto Ltd.的季度营收约是NORTHERN OIL & GAS, INC.的1.2倍（$718.6M vs $610.2M），VinFast Auto Ltd.净利率更高（-2.8% vs -11.6%，领先8.8%）
Marathon Oil Corporation是一家美国油气勘探开发企业，核心业务涵盖油气资源的勘探、开采与运营，2024年11月被康菲石油收购，相关业务与资产已并入康菲石油体系。
VinFast Auto Ltd.是越南跨国汽车企业，由越南最大私营综合企业集团之一Vingroup创立。Vingroup由越南知名企业家潘日旺创办，业务覆盖地产、零售、医疗、科技等多个领域，是越南本土头部企业集团。
NOG vs VFS — 直观对比
营收规模更大
VFS
是对方的1.2倍
$610.2M
净利率更高
VFS
高出8.8%
-11.6%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $610.2M | $718.6M |
| 净利润 | $-70.7M | $-20.0M |
| 毛利率 | — | — |
| 营业利润率 | — | -96.1% |
| 净利率 | -11.6% | -2.8% |
| 营收同比 | -72.6% | — |
| 净利润同比 | -198.7% | — |
| 每股收益（稀释后） | $-0.73 | — |
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NOGVFS
| Q1 26 | $610.2M | — | ||
| Q4 25 | $610.2M | — | ||
| Q3 25 | $556.6M | $718.6M | ||
| Q2 25 | $706.8M | $663.0M | ||
| Q1 25 | $602.1M | $656.5M | ||
| Q4 24 | $515.0M | — | ||
| Q3 24 | $753.6M | $511.6M | ||
| Q2 24 | $560.8M | — |
净利润NOGVFS
| Q1 26 | $-70.7M | — | ||
| Q4 25 | $-70.7M | — | ||
| Q3 25 | $-129.1M | $-20.0M | ||
| Q2 25 | $99.6M | $-51.8M | ||
| Q1 25 | $139.0M | $-26.1M | ||
| Q4 24 | $71.7M | — | ||
| Q3 24 | $298.4M | $-10.4M | ||
| Q2 24 | $138.6M | — |
毛利率NOGVFS
| Q1 26 | — | — | ||
| Q4 25 | 80.4% | — | ||
| Q3 25 | 78.7% | — | ||
| Q2 25 | 82.8% | — | ||
| Q1 25 | 81.1% | — | ||
| Q4 24 | 77.4% | — | ||
| Q3 24 | 85.8% | — | ||
| Q2 24 | 82.0% | — |
营业利润率NOGVFS
| Q1 26 | — | — | ||
| Q4 25 | -5.5% | — | ||
| Q3 25 | -22.6% | -96.1% | ||
| Q2 25 | 24.9% | -79.0% | ||
| Q1 25 | 38.1% | -74.0% | ||
| Q4 24 | 25.8% | — | ||
| Q3 24 | 57.6% | -65.9% | ||
| Q2 24 | 39.0% | — |
净利率NOGVFS
| Q1 26 | -11.6% | — | ||
| Q4 25 | -11.6% | — | ||
| Q3 25 | -23.2% | -2.8% | ||
| Q2 25 | 14.1% | -7.8% | ||
| Q1 25 | 23.1% | -4.0% | ||
| Q4 24 | 13.9% | — | ||
| Q3 24 | 39.6% | -2.0% | ||
| Q2 24 | 24.7% | — |
每股收益（稀释后）NOGVFS
| Q1 26 | $-0.73 | — | ||
| Q4 25 | $-0.67 | — | ||
| Q3 25 | $-1.33 | — | ||
| Q2 25 | $1.00 | — | ||
| Q1 25 | $1.39 | — | ||
| Q4 24 | $0.71 | — | ||
| Q3 24 | $2.96 | — | ||
| Q2 24 | $1.36 | — |
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 | $14.3M | $8.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.1B | — |
| 总资产 | $5.4B | $183.2M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资NOGVFS
| Q1 26 | $14.3M | — | ||
| Q4 25 | $14.3M | — | ||
| Q3 25 | $31.6M | $8.8M | ||
| Q2 25 | $25.9M | $650.0M | ||
| Q1 25 | $33.6M | $2.4M | ||
| Q4 24 | $8.9M | — | ||
| Q3 24 | $34.4M | $1.9M | ||
| Q2 24 | $7.8M | — |
总债务NOGVFS
| Q1 26 | — | — | ||
| Q4 25 | $2.4B | — | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.4B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $1.9B | — |
股东权益NOGVFS
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.1B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.4B | $-7.2B | ||
| Q1 25 | $2.4B | — | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.1B | — |
总资产NOGVFS
| Q1 26 | $5.4B | — | ||
| Q4 25 | $5.4B | — | ||
| Q3 25 | $5.5B | $183.2M | ||
| Q2 25 | $5.7B | $7.2B | ||
| Q1 25 | $5.7B | $158.2M | ||
| Q4 24 | $5.6B | — | ||
| Q3 24 | $5.1B | $151.8M | ||
| Q2 24 | $4.7B | — |
负债/权益比NOGVFS
| Q1 26 | — | — | ||
| Q4 25 | 1.13× | — | ||
| Q3 25 | 1.05× | — | ||
| Q2 25 | 0.98× | — | ||
| Q1 25 | 0.96× | — | ||
| Q4 24 | 1.02× | — | ||
| Q3 24 | 0.84× | — | ||
| Q2 24 | 0.91× | — |
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 | $312.6M | — |
| 自由现金流经营现金流 - 资本支出 | $43.2M | — |
| 自由现金流率自由现金流/营收 | 7.1% | — |
| 资本支出强度资本支出/营收 | 31.5% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流NOGVFS
| Q1 26 | $312.6M | — | ||
| Q4 25 | $312.6M | — | ||
| Q3 25 | $423.1M | — | ||
| Q2 25 | $362.1M | — | ||
| Q1 25 | $407.4M | — | ||
| Q4 24 | $290.3M | — | ||
| Q3 24 | $385.8M | — | ||
| Q2 24 | $340.5M | — |
自由现金流NOGVFS
| Q1 26 | $43.2M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率NOGVFS
| Q1 26 | 7.1% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度NOGVFS
| Q1 26 | 31.5% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率NOGVFS
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.64× | — | ||
| Q1 25 | 2.93× | — | ||
| Q4 24 | 4.05× | — | ||
| Q3 24 | 1.29× | — | ||
| Q2 24 | 2.46× | — |
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
NOG
| Oil and Gas Sales | $447.7M | 73% |
| Gain on Commodity Derivatives, Net | $159.3M | 26% |
| Other Revenue | $3.1M | 1% |
VFS
| Sales of vehicles | $662.9M | 92% |
| Sales of spare parts and components | $41.3M | 6% |
| Revenue from leasing activities | $12.3M | 2% |
| Finance income | $2.4M | 0% |
| Rendering of services | $1.2M | 0% |
