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泛美白银（PAAS）与标普全球（VG）财务数据对比。点击上方公司名可切换其他公司
标普全球的季度营收约是泛美白银的1.6倍（$4.4B vs $2.8B）
泛美白银是一家总部位于加拿大的知名矿业企业，业务主要布局于拉丁美洲地区，目前在墨西哥、秘鲁、玻利维亚、阿根廷等国持有多座在产矿山，同时运营多个待开发矿业项目，是全球白银矿业领域的重要参与者。
标普全球是总部位于美国纽约曼哈顿的上市企业，核心业务涵盖金融信息与数据分析、能源及大宗商品情报服务，旗下拥有标普全球评级、标普全球能源、标普全球市场财智、印度信用评级机构CRISIL等子品牌，同时是标普道琼斯指数合资公司的控股股东。
PAAS vs VG — 直观对比
营收规模更大
VG
是对方的1.6倍
$2.8B
损益表 — Q3 FY2022 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $4.4B |
| 净利润 | — | $1.2B |
| 毛利率 | 27.0% | — |
| 营业利润率 | — | 38.7% |
| 净利率 | — | 26.8% |
| 营收同比 | — | 191.7% |
| 净利润同比 | — | 20.3% |
| 每股收益（稀释后） | $-1.05 | $0.41 |
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PAASVG
| Q4 25 | — | $4.4B | ||
| Q3 25 | — | $3.3B | ||
| Q2 25 | — | $3.1B | ||
| Q1 25 | — | $2.9B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $926.0M | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $1.4B |
净利润PAASVG
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $550.0M | ||
| Q2 25 | — | $475.0M | ||
| Q1 25 | — | $517.0M | ||
| Q4 24 | — | $990.0M | ||
| Q3 24 | — | $-294.0M | ||
| Q2 24 | — | $352.0M | ||
| Q1 24 | — | $698.0M |
营业利润率PAASVG
| Q4 25 | — | 38.7% | ||
| Q3 25 | — | 39.7% | ||
| Q2 25 | — | 33.5% | ||
| Q1 25 | — | 37.3% | ||
| Q4 24 | — | 39.0% | ||
| Q3 24 | — | 20.4% | ||
| Q2 24 | — | 32.8% | ||
| Q1 24 | — | 43.6% |
净利率PAASVG
| Q4 25 | — | 26.8% | ||
| Q3 25 | — | 16.5% | ||
| Q2 25 | — | 15.3% | ||
| Q1 25 | — | 17.9% | ||
| Q4 24 | — | 65.0% | ||
| Q3 24 | — | -31.7% | ||
| Q2 24 | — | 31.8% | ||
| Q1 24 | — | 49.4% |
每股收益（稀释后）PAASVG
| Q4 25 | — | $0.41 | ||
| Q3 25 | — | $0.16 | ||
| Q2 25 | — | $0.14 | ||
| Q1 25 | — | $0.15 | ||
| Q4 24 | — | $0.35 | ||
| Q3 24 | — | $-0.15 | ||
| Q2 24 | — | $0.12 | ||
| Q1 24 | — | $0.25 |
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 | — | $2.4B |
| 总债务越低越好 | — | $34.2B |
| 股东权益账面价值 | — | $6.7B |
| 总资产 | — | $53.4B |
| 负债/权益比越低杠杆越低 | — | 5.07× |
8季度趋势，按日历期对齐
现金及短期投资PAASVG
| Q4 25 | — | $2.4B | ||
| Q3 25 | — | $1.9B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.6B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
总债务PAASVG
| Q4 25 | — | $34.2B | ||
| Q3 25 | — | $32.6B | ||
| Q2 25 | — | $30.0B | ||
| Q1 25 | — | $29.3B | ||
| Q4 24 | — | $29.3B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益PAASVG
| Q4 25 | — | $6.7B | ||
| Q3 25 | — | $5.7B | ||
| Q2 25 | — | $5.3B | ||
| Q1 25 | — | $4.9B | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
总资产PAASVG
| Q4 25 | — | $53.4B | ||
| Q3 25 | — | $50.1B | ||
| Q2 25 | — | $46.5B | ||
| Q1 25 | — | $45.1B | ||
| Q4 24 | — | $43.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
负债/权益比PAASVG
| Q4 25 | — | 5.07× | ||
| Q3 25 | — | 5.73× | ||
| Q2 25 | — | 5.69× | ||
| Q1 25 | — | 6.01× | ||
| Q4 24 | — | 10.11× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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 | — | $2.1B |
| 自由现金流经营现金流 - 资本支出 | — | $-1.5B |
| 自由现金流率自由现金流/营收 | — | -34.1% |
| 资本支出强度资本支出/营收 | — | 81.6% |
| 现金转化率经营现金流/净利润 | — | 1.77× |
| 过去12个月自由现金流最近4个季度 | — | $-6.8B |
8季度趋势，按日历期对齐
经营现金流PAASVG
| Q4 25 | — | $2.1B | ||
| Q3 25 | — | $1.9B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $638.0M |
自由现金流PAASVG
| Q4 25 | — | $-1.5B | ||
| Q3 25 | — | $-1.4B | ||
| Q2 25 | — | $-1.5B | ||
| Q1 25 | — | $-2.4B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $-2.4B |
自由现金流率PAASVG
| Q4 25 | — | -34.1% | ||
| Q3 25 | — | -42.4% | ||
| Q2 25 | — | -49.1% | ||
| Q1 25 | — | -81.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -167.3% |
资本支出强度PAASVG
| Q4 25 | — | 81.6% | ||
| Q3 25 | — | 98.9% | ||
| Q2 25 | — | 96.1% | ||
| Q1 25 | — | 119.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 212.4% |
现金转化率PAASVG
| Q4 25 | — | 1.77× | ||
| Q3 25 | — | 3.42× | ||
| Q2 25 | — | 3.07× | ||
| Q1 25 | — | 2.15× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.91× |
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
PAAS
暂无分部数据
VG
| Plaquemines Project Segment | $3.4B | 76% |
| Calcasieu Project Segment | $841.0M | 19% |
| Other | $208.0M | 5% |
