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PAR PACIFIC HOLDINGS, INC.（PARR）与罗布乐思（RBLX）财务数据对比。点击上方公司名可切换其他公司
PAR PACIFIC HOLDINGS, INC.的季度营收约是罗布乐思的1.3倍（$1.8B vs $1.4B），PAR PACIFIC HOLDINGS, INC.净利率更高（4.3% vs -22.3%，领先26.6%），罗布乐思同比增速更快（43.2% vs -1.0%），罗布乐思自由现金流更多（$308.6M vs $66.3M），过去两年罗布乐思的营收复合增速更高（32.9% vs -4.3%）
Par Pacific Holdings是总部位于美国休斯顿的油气勘探生产企业，曾在破产重组后以Par Petroleum Corporation为名运营，2015年10月20日正式更名为现名，2017年入选《财富》美国1000强企业。
罗布乐思（Roblox Corporation）是总部位于美国加利福尼亚州圣马特奥的游戏企业，由大卫·巴斯祖奇与埃里克·卡塞尔于2004年共同创立。公司核心产品为同名线上游戏创作平台Roblox，于2006年正式上线，截至2024年12月底全球员工规模已超2400人。
PARR vs RBLX — 直观对比
营收规模更大
PARR
是对方的1.3倍
$1.4B
营收增速更快
RBLX
高出44.2%
-1.0%
净利率更高
PARR
高出26.6%
-22.3%
自由现金流更多
RBLX
多$242.3M
$66.3M
两年增速更快
RBLX
近两年复合增速
-4.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.4B |
| 净利润 | $77.7M | $-316.0M |
| 毛利率 | — | 77.7% |
| 营业利润率 | 5.5% | -25.3% |
| 净利率 | 4.3% | -22.3% |
| 营收同比 | -1.0% | 43.2% |
| 净利润同比 | 239.5% | -43.9% |
| 每股收益（稀释后） | $1.40 | $-0.44 |
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PARRRBLX
| Q4 25 | $1.8B | $1.4B | ||
| Q3 25 | $2.0B | $1.4B | ||
| Q2 25 | $1.9B | $1.1B | ||
| Q1 25 | $1.7B | $1.0B | ||
| Q4 24 | $1.8B | $988.2M | ||
| Q3 24 | $2.1B | $919.0M | ||
| Q2 24 | $2.0B | $893.5M | ||
| Q1 24 | $2.0B | $801.3M |
净利润PARRRBLX
| Q4 25 | $77.7M | $-316.0M | ||
| Q3 25 | $262.6M | $-255.6M | ||
| Q2 25 | $59.5M | $-278.4M | ||
| Q1 25 | $-30.4M | $-215.1M | ||
| Q4 24 | $-55.7M | $-219.6M | ||
| Q3 24 | $7.5M | $-239.3M | ||
| Q2 24 | $18.6M | $-205.9M | ||
| Q1 24 | $-3.8M | $-270.6M |
毛利率PARRRBLX
| Q4 25 | — | 77.7% | ||
| Q3 25 | — | 78.2% | ||
| Q2 25 | — | 78.2% | ||
| Q1 25 | — | 78.3% | ||
| Q4 24 | — | 77.9% | ||
| Q3 24 | — | 77.7% | ||
| Q2 24 | — | 77.8% | ||
| Q1 24 | — | 77.7% |
营业利润率PARRRBLX
| Q4 25 | 5.5% | -25.3% | ||
| Q3 25 | 17.8% | -21.8% | ||
| Q2 25 | 5.1% | -29.8% | ||
| Q1 25 | -0.9% | -24.6% | ||
| Q4 24 | -2.6% | -24.7% | ||
| Q3 24 | 1.7% | -30.4% | ||
| Q2 24 | 2.4% | -26.6% | ||
| Q1 24 | 0.5% | -37.7% |
净利率PARRRBLX
| Q4 25 | 4.3% | -22.3% | ||
| Q3 25 | 13.0% | -18.8% | ||
| Q2 25 | 3.1% | -25.8% | ||
| Q1 25 | -1.7% | -20.8% | ||
| Q4 24 | -3.0% | -22.2% | ||
| Q3 24 | 0.3% | -26.0% | ||
| Q2 24 | 0.9% | -23.0% | ||
| Q1 24 | -0.2% | -33.8% |
每股收益（稀释后）PARRRBLX
| Q4 25 | $1.40 | $-0.44 | ||
| Q3 25 | $5.16 | $-0.37 | ||
| Q2 25 | $1.17 | $-0.41 | ||
| Q1 25 | $-0.57 | $-0.32 | ||
| Q4 24 | $-0.98 | $-0.32 | ||
| Q3 24 | $0.13 | $-0.37 | ||
| Q2 24 | $0.32 | $-0.32 | ||
| Q1 24 | $-0.06 | $-0.43 |
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 | $164.1M | $3.1B |
| 总债务越低越好 | $802.9M | $1.2B |
| 股东权益账面价值 | $1.5B | $394.5M |
| 总资产 | $3.8B | $9.6B |
| 负债/权益比越低杠杆越低 | 0.53× | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资PARRRBLX
| Q4 25 | $164.1M | $3.1B | ||
| Q3 25 | $159.1M | $2.9B | ||
| Q2 25 | $169.2M | $2.6B | ||
| Q1 25 | $133.7M | $2.7B | ||
| Q4 24 | $191.9M | $2.4B | ||
| Q3 24 | $183.0M | $2.3B | ||
| Q2 24 | $179.7M | $2.4B | ||
| Q1 24 | $228.3M | $2.4B |
总债务PARRRBLX
| Q4 25 | $802.9M | $1.2B | ||
| Q3 25 | $967.1M | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.1B | $1.2B | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $639.5M | — |
股东权益PARRRBLX
| Q4 25 | $1.5B | $394.5M | ||
| Q3 25 | $1.4B | $407.6M | ||
| Q2 25 | $1.1B | $353.2M | ||
| Q1 25 | $1.1B | $310.7M | ||
| Q4 24 | $1.2B | $221.4M | ||
| Q3 24 | $1.3B | $189.9M | ||
| Q2 24 | $1.3B | $121.5M | ||
| Q1 24 | $1.3B | $71.6M |
总资产PARRRBLX
| Q4 25 | $3.8B | $9.6B | ||
| Q3 25 | $4.1B | $8.6B | ||
| Q2 25 | $3.9B | $7.8B | ||
| Q1 25 | $3.8B | $7.5B | ||
| Q4 24 | $3.8B | $7.2B | ||
| Q3 24 | $3.9B | $6.7B | ||
| Q2 24 | $3.9B | $6.5B | ||
| Q1 24 | $3.8B | $6.3B |
负债/权益比PARRRBLX
| Q4 25 | 0.53× | 2.98× | ||
| Q3 25 | 0.69× | — | ||
| Q2 25 | 0.97× | — | ||
| Q1 25 | 1.04× | — | ||
| Q4 24 | 0.93× | 5.48× | ||
| Q3 24 | 0.83× | — | ||
| Q2 24 | 0.84× | — | ||
| Q1 24 | 0.49× | — |
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 | $93.8M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $66.3M | $308.6M |
| 自由现金流率自由现金流/营收 | 3.7% | 21.8% |
| 资本支出强度资本支出/营收 | 1.5% | 21.1% |
| 现金转化率经营现金流/净利润 | 1.21× | — |
| 过去12个月自由现金流最近4个季度 | $296.5M | $1.4B |
8季度趋势，按日历期对齐
经营现金流PARRRBLX
| Q4 25 | $93.8M | $607.0M | ||
| Q3 25 | $219.4M | $546.2M | ||
| Q2 25 | $133.6M | $199.3M | ||
| Q1 25 | $-1.4M | $443.9M | ||
| Q4 24 | $-15.5M | $184.5M | ||
| Q3 24 | $78.5M | $247.4M | ||
| Q2 24 | $-4.7M | $151.4M | ||
| Q1 24 | $25.4M | $238.9M |
自由现金流PARRRBLX
| Q4 25 | $66.3M | $308.6M | ||
| Q3 25 | $187.1M | $443.6M | ||
| Q2 25 | $85.5M | $176.7M | ||
| Q1 25 | $-42.3M | $426.5M | ||
| Q4 24 | $-63.1M | $120.6M | ||
| Q3 24 | $50.2M | $218.0M | ||
| Q2 24 | $-41.6M | $111.7M | ||
| Q1 24 | $2.8M | $192.3M |
自由现金流率PARRRBLX
| Q4 25 | 3.7% | 21.8% | ||
| Q3 25 | 9.3% | 32.6% | ||
| Q2 25 | 4.5% | 16.3% | ||
| Q1 25 | -2.4% | 41.2% | ||
| Q4 24 | -3.4% | 12.2% | ||
| Q3 24 | 2.3% | 23.7% | ||
| Q2 24 | -2.1% | 12.5% | ||
| Q1 24 | 0.1% | 24.0% |
资本支出强度PARRRBLX
| Q4 25 | 1.5% | 21.1% | ||
| Q3 25 | 1.6% | 7.5% | ||
| Q2 25 | 2.5% | 2.1% | ||
| Q1 25 | 2.3% | 1.7% | ||
| Q4 24 | 2.6% | 6.5% | ||
| Q3 24 | 1.3% | 3.2% | ||
| Q2 24 | 1.8% | 4.4% | ||
| Q1 24 | 1.1% | 5.8% |
现金转化率PARRRBLX
| Q4 25 | 1.21× | — | ||
| Q3 25 | 0.84× | — | ||
| Q2 25 | 2.25× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 10.48× | — | ||
| Q2 24 | -0.25× | — | ||
| 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
PARR
| Distillates | $750.6M | 41% |
| Gasoline | $603.9M | 33% |
| Other Refined Products | $348.8M | 19% |
| Logistics | $73.7M | 4% |
| Other Revenues | $44.8M | 2% |
RBLX
暂无分部数据
