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新闻集团（NWSA）与先锋自然资源公司（PR）财务数据对比。点击上方公司名可切换其他公司
新闻集团的季度营收约是先锋自然资源公司的1.9倍（$2.2B vs $1.2B），先锋自然资源公司净利率更高（29.0% vs 5.5%，领先23.5%），新闻集团同比增速更快（8.8% vs -9.8%），过去两年先锋自然资源公司的营收复合增速更高（-3.0% vs -7.9%）
新闻集团是全球知名的媒体集团，旗下拥有报纸、出版、数字媒体等多项媒体业务，在全球传媒领域拥有广泛影响力，专注于为受众提供及时多元的时事资讯与内容服务。
先锋自然资源公司总部位于美国得克萨斯州欧文市，主要从事油气勘探业务，运营覆盖二叠纪盆地Spraberry产区的克莱恩页岩区块，是该区域最大的土地权益持有方，2024年5月被埃克森美孚收购。
NWSA vs PR — 直观对比
营收规模更大
NWSA
是对方的1.9倍
$1.2B
营收增速更快
NWSA
高出18.5%
-9.8%
净利率更高
PR
高出23.5%
5.5%
两年增速更快
PR
近两年复合增速
-7.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $1.2B |
| 净利润 | $121.0M | $339.5M |
| 毛利率 | — | — |
| 营业利润率 | — | 23.1% |
| 净利率 | 5.5% | 29.0% |
| 营收同比 | 8.8% | -9.8% |
| 净利润同比 | -13.6% | 56.7% |
| 每股收益（稀释后） | — | $0.48 |
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NWSAPR
| Q1 26 | $2.2B | — | ||
| Q4 25 | $2.4B | $1.2B | ||
| Q3 25 | $2.1B | $1.3B | ||
| Q2 25 | $1.6B | $1.2B | ||
| Q1 25 | $2.0B | $1.4B | ||
| Q4 24 | $2.2B | $1.3B | ||
| Q3 24 | $2.6B | $1.2B | ||
| Q2 24 | $2.6B | $1.2B |
净利润NWSAPR
| Q1 26 | $121.0M | — | ||
| Q4 25 | $193.0M | $339.5M | ||
| Q3 25 | $112.0M | $59.2M | ||
| Q2 25 | $743.0M | $207.1M | ||
| Q1 25 | $103.0M | $329.3M | ||
| Q4 24 | $215.0M | $216.7M | ||
| Q3 24 | $119.0M | $386.4M | ||
| Q2 24 | $50.0M | $235.1M |
营业利润率NWSAPR
| Q1 26 | — | — | ||
| Q4 25 | — | 23.1% | ||
| Q3 25 | — | 29.6% | ||
| Q2 25 | 8.5% | 24.8% | ||
| Q1 25 | 7.5% | 36.6% | ||
| Q4 24 | 19.2% | 32.8% | ||
| Q3 24 | 7.9% | 32.5% | ||
| Q2 24 | 4.3% | 36.5% |
净利率NWSAPR
| Q1 26 | 5.5% | — | ||
| Q4 25 | 8.2% | 29.0% | ||
| Q3 25 | 5.2% | 4.5% | ||
| Q2 25 | 45.6% | 17.3% | ||
| Q1 25 | 5.1% | 23.9% | ||
| Q4 24 | 9.6% | 16.7% | ||
| Q3 24 | 4.6% | 31.8% | ||
| Q2 24 | 1.9% | 18.9% |
每股收益（稀释后）NWSAPR
| Q1 26 | — | — | ||
| Q4 25 | $0.34 | $0.48 | ||
| Q3 25 | $0.20 | $0.08 | ||
| Q2 25 | $1.30 | $0.28 | ||
| Q1 25 | $0.18 | $0.44 | ||
| Q4 24 | $0.38 | $0.31 | ||
| Q3 24 | $0.21 | $0.53 | ||
| Q2 24 | $0.09 | $0.36 |
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 | $2.2B | $153.7M |
| 总债务越低越好 | — | $3.5B |
| 股东权益账面价值 | $9.3B | $10.3B |
| 总资产 | $15.5B | $17.9B |
| 负债/权益比越低杠杆越低 | — | 0.34× |
8季度趋势，按日历期对齐
现金及短期投资NWSAPR
| Q1 26 | $2.2B | — | ||
| Q4 25 | $2.1B | $153.7M | ||
| Q3 25 | $2.2B | $111.8M | ||
| Q2 25 | $2.4B | $451.0M | ||
| Q1 25 | $2.1B | $702.2M | ||
| Q4 24 | $1.8B | $479.3M | ||
| Q3 24 | $1.8B | $272.0M | ||
| Q2 24 | $2.0B | $47.8M |
总债务NWSAPR
| Q1 26 | — | — | ||
| Q4 25 | $2.0B | $3.5B | ||
| Q3 25 | $2.0B | $3.5B | ||
| Q2 25 | $2.0B | $4.0B | ||
| Q1 25 | $2.0B | $4.0B | ||
| Q4 24 | $2.0B | $4.2B | ||
| Q3 24 | $2.9B | $4.2B | ||
| Q2 24 | $2.9B | $3.9B |
股东权益NWSAPR
| Q1 26 | $9.3B | — | ||
| Q4 25 | $8.8B | $10.3B | ||
| Q3 25 | $8.7B | $10.0B | ||
| Q2 25 | $8.8B | $9.5B | ||
| Q1 25 | $8.2B | $9.4B | ||
| Q4 24 | $8.1B | $9.1B | ||
| Q3 24 | $8.3B | $9.0B | ||
| Q2 24 | $8.1B | $8.3B |
总资产NWSAPR
| Q1 26 | $15.5B | — | ||
| Q4 25 | $15.5B | $17.9B | ||
| Q3 25 | $15.3B | $17.3B | ||
| Q2 25 | $15.5B | $17.5B | ||
| Q1 25 | $16.6B | $17.1B | ||
| Q4 24 | $16.2B | $16.9B | ||
| Q3 24 | $16.9B | $16.6B | ||
| Q2 24 | $16.7B | $15.4B |
负债/权益比NWSAPR
| Q1 26 | — | — | ||
| Q4 25 | 0.22× | 0.34× | ||
| Q3 25 | 0.22× | 0.35× | ||
| Q2 25 | 0.22× | 0.42× | ||
| Q1 25 | 0.24× | 0.43× | ||
| Q4 24 | 0.24× | 0.46× | ||
| Q3 24 | 0.35× | 0.47× | ||
| Q2 24 | 0.36× | 0.46× |
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 | $815.0M | $904.3M |
| 自由现金流经营现金流 - 资本支出 | $535.0M | — |
| 自由现金流率自由现金流/营收 | 24.5% | — |
| 资本支出强度资本支出/营收 | 12.8% | — |
| 现金转化率经营现金流/净利润 | 6.74× | 2.66× |
| 过去12个月自由现金流最近4个季度 | $703.0M | — |
8季度趋势，按日历期对齐
经营现金流NWSAPR
| Q1 26 | $815.0M | — | ||
| Q4 25 | $231.0M | $904.3M | ||
| Q3 25 | $85.0M | $766.5M | ||
| Q2 25 | $189.0M | $1.0B | ||
| Q1 25 | $511.0M | $898.0M | ||
| Q4 24 | $252.0M | $871.6M | ||
| Q3 24 | $64.0M | $954.4M | ||
| Q2 24 | $254.0M | $938.4M |
自由现金流NWSAPR
| Q1 26 | $535.0M | — | ||
| Q4 25 | $132.0M | — | ||
| Q3 25 | $4.0M | — | ||
| Q2 25 | $32.0M | — | ||
| Q1 25 | $418.0M | — | ||
| Q4 24 | $190.0M | — | ||
| Q3 24 | $-31.0M | — | ||
| Q2 24 | $111.0M | — |
自由现金流率NWSAPR
| Q1 26 | 24.5% | — | ||
| Q4 25 | 5.6% | — | ||
| Q3 25 | 0.2% | — | ||
| Q2 25 | 2.0% | — | ||
| Q1 25 | 20.8% | — | ||
| Q4 24 | 8.5% | — | ||
| Q3 24 | -1.2% | — | ||
| Q2 24 | 4.3% | — |
资本支出强度NWSAPR
| Q1 26 | 12.8% | — | ||
| Q4 25 | 4.2% | — | ||
| Q3 25 | 3.8% | — | ||
| Q2 25 | 9.6% | — | ||
| Q1 25 | 4.6% | — | ||
| Q4 24 | 2.8% | — | ||
| Q3 24 | 3.7% | — | ||
| Q2 24 | 5.5% | — |
现金转化率NWSAPR
| Q1 26 | 6.74× | — | ||
| Q4 25 | 1.20× | 2.66× | ||
| Q3 25 | 0.76× | 12.94× | ||
| Q2 25 | 0.25× | 5.01× | ||
| Q1 25 | 4.96× | 2.73× | ||
| Q4 24 | 1.17× | 4.02× | ||
| Q3 24 | 0.54× | 2.47× | ||
| Q2 24 | 5.08× | 3.99× |
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
NWSA
| Dow Jones | $619.0M | 28% |
| Book Publishing | $555.0M | 25% |
| News Media | $538.0M | 25% |
| Digital Real Estate Services | $473.0M | 22% |
PR
| Crude Oil | $1.0B | 87% |
| Natural Gas Liquids Reserves | $145.1M | 12% |
