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PAR PACIFIC HOLDINGS, INC.（PARR）与Rivian Automotive, Inc.（RIVN）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Rivian Automotive, Inc.的1.4倍（$1.8B vs $1.3B），PAR PACIFIC HOLDINGS, INC.净利率更高（4.3% vs -63.1%，领先67.3%），PAR PACIFIC HOLDINGS, INC.同比增速更快（-1.0% vs -25.8%），PAR PACIFIC HOLDINGS, INC.自由现金流更多（$66.3M vs $-1.1B），过去两年Rivian Automotive, Inc.的营收复合增速更高（3.3% 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。
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
PARR vs RIVN — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.3B |
| 净利润 | $77.7M | $-811.0M |
| 毛利率 | — | 9.3% |
| 营业利润率 | 5.5% | -64.8% |
| 净利率 | 4.3% | -63.1% |
| 营收同比 | -1.0% | -25.8% |
| 净利润同比 | 239.5% | -9.0% |
| 每股收益（稀释后） | $1.40 | $-0.66 |
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
| Q4 25 | $1.8B | $1.3B | ||
| Q3 25 | $2.0B | $1.6B | ||
| Q2 25 | $1.9B | $1.3B | ||
| Q1 25 | $1.7B | $1.2B | ||
| Q4 24 | $1.8B | $1.7B | ||
| Q3 24 | $2.1B | $874.0M | ||
| Q2 24 | $2.0B | $1.2B | ||
| Q1 24 | $2.0B | $1.2B |
| Q4 25 | $77.7M | $-811.0M | ||
| Q3 25 | $262.6M | $-1.2B | ||
| Q2 25 | $59.5M | $-1.1B | ||
| Q1 25 | $-30.4M | $-545.0M | ||
| Q4 24 | $-55.7M | $-744.0M | ||
| Q3 24 | $7.5M | $-1.1B | ||
| Q2 24 | $18.6M | $-1.5B | ||
| Q1 24 | $-3.8M | $-1.4B |
| Q4 25 | — | 9.3% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | -15.8% | ||
| Q1 25 | — | 16.6% | ||
| Q4 24 | — | 9.8% | ||
| Q3 24 | — | -44.9% | ||
| Q2 24 | — | -38.9% | ||
| Q1 24 | — | -43.8% |
| Q4 25 | 5.5% | -64.8% | ||
| Q3 25 | 17.8% | -63.1% | ||
| Q2 25 | 5.1% | -85.5% | ||
| Q1 25 | -0.9% | -52.8% | ||
| Q4 24 | -2.6% | -38.1% | ||
| Q3 24 | 1.7% | -133.8% | ||
| Q2 24 | 2.4% | -118.7% | ||
| Q1 24 | 0.5% | -123.3% |
| Q4 25 | 4.3% | -63.1% | ||
| Q3 25 | 13.0% | -75.3% | ||
| Q2 25 | 3.1% | -85.7% | ||
| Q1 25 | -1.7% | -44.0% | ||
| Q4 24 | -3.0% | -42.9% | ||
| Q3 24 | 0.3% | -125.9% | ||
| Q2 24 | 0.9% | -125.8% | ||
| Q1 24 | -0.2% | -120.1% |
| Q4 25 | $1.40 | $-0.66 | ||
| Q3 25 | $5.16 | $-0.96 | ||
| Q2 25 | $1.17 | $-0.97 | ||
| Q1 25 | $-0.57 | $-0.48 | ||
| Q4 24 | $-0.98 | $-0.67 | ||
| Q3 24 | $0.13 | $-1.08 | ||
| Q2 24 | $0.32 | $-1.46 | ||
| Q1 24 | $-0.06 | $-1.48 |
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 | $6.1B |
| 总债务越低越好 | $802.9M | — |
| 股东权益账面价值 | $1.5B | $4.6B |
| 总资产 | $3.8B | $14.9B |
| 负债/权益比越低杠杆越低 | 0.53× | — |
8季度趋势，按日历期对齐
| Q4 25 | $164.1M | $6.1B | ||
| Q3 25 | $159.1M | $7.1B | ||
| Q2 25 | $169.2M | $7.5B | ||
| Q1 25 | $133.7M | $7.2B | ||
| Q4 24 | $191.9M | $7.7B | ||
| Q3 24 | $183.0M | $6.7B | ||
| Q2 24 | $179.7M | $7.9B | ||
| Q1 24 | $228.3M | $7.9B |
| Q4 25 | $802.9M | — | ||
| Q3 25 | $967.1M | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.1B | $5.5B | ||
| Q1 24 | $639.5M | $4.4B |
| Q4 25 | $1.5B | $4.6B | ||
| Q3 25 | $1.4B | $5.1B | ||
| Q2 25 | $1.1B | $6.1B | ||
| Q1 25 | $1.1B | $6.2B | ||
| Q4 24 | $1.2B | $6.6B | ||
| Q3 24 | $1.3B | $5.9B | ||
| Q2 24 | $1.3B | $6.8B | ||
| Q1 24 | $1.3B | $8.1B |
| Q4 25 | $3.8B | $14.9B | ||
| Q3 25 | $4.1B | $15.2B | ||
| Q2 25 | $3.9B | $15.6B | ||
| Q1 25 | $3.8B | $15.5B | ||
| Q4 24 | $3.8B | $15.4B | ||
| Q3 24 | $3.9B | $14.3B | ||
| Q2 24 | $3.9B | $15.4B | ||
| Q1 24 | $3.8B | $15.7B |
| Q4 25 | 0.53× | — | ||
| Q3 25 | 0.69× | — | ||
| Q2 25 | 0.97× | — | ||
| Q1 25 | 1.04× | — | ||
| Q4 24 | 0.93× | — | ||
| Q3 24 | 0.83× | — | ||
| Q2 24 | 0.84× | 0.81× | ||
| Q1 24 | 0.49× | 0.55× |
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 | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | $66.3M | $-1.1B |
| 自由现金流率自由现金流/营收 | 3.7% | -89.0% |
| 资本支出强度资本支出/营收 | 1.5% | 36.0% |
| 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 | $-2.5B |
8季度趋势，按日历期对齐
| Q4 25 | $93.8M | $-681.0M | ||
| Q3 25 | $219.4M | $26.0M | ||
| Q2 25 | $133.6M | $64.0M | ||
| Q1 25 | $-1.4M | $-188.0M | ||
| Q4 24 | $-15.5M | $1.2B | ||
| Q3 24 | $78.5M | $-876.0M | ||
| Q2 24 | $-4.7M | $-754.0M | ||
| Q1 24 | $25.4M | $-1.3B |
| Q4 25 | $66.3M | $-1.1B | ||
| Q3 25 | $187.1M | $-421.0M | ||
| Q2 25 | $85.5M | $-398.0M | ||
| Q1 25 | $-42.3M | $-526.0M | ||
| Q4 24 | $-63.1M | $856.0M | ||
| Q3 24 | $50.2M | $-1.2B | ||
| Q2 24 | $-41.6M | $-1.0B | ||
| Q1 24 | $2.8M | $-1.5B |
| Q4 25 | 3.7% | -89.0% | ||
| Q3 25 | 9.3% | -27.0% | ||
| Q2 25 | 4.5% | -30.5% | ||
| Q1 25 | -2.4% | -42.4% | ||
| Q4 24 | -3.4% | 49.4% | ||
| Q3 24 | 2.3% | -131.9% | ||
| Q2 24 | -2.1% | -89.6% | ||
| Q1 24 | 0.1% | -126.5% |
| Q4 25 | 1.5% | 36.0% | ||
| Q3 25 | 1.6% | 28.7% | ||
| Q2 25 | 2.5% | 35.5% | ||
| Q1 25 | 2.3% | 27.3% | ||
| Q4 24 | 2.6% | 18.9% | ||
| Q3 24 | 1.3% | 31.7% | ||
| Q2 24 | 1.8% | 24.4% | ||
| Q1 24 | 1.1% | 21.1% |
| 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% |
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
