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PENN Entertainment, Inc.（PENN）与越洋钻探（RIG）财务数据对比。点击上方公司名可切换其他公司
PENN Entertainment, Inc.的季度营收约是越洋钻探的1.7倍（$1.8B vs $1.0B），越洋钻探净利率更高（2.4% vs -0.2%，领先2.6%），越洋钻探同比增速更快（9.6% vs 6.4%），过去两年越洋钻探的营收复合增速更高（16.9% vs 3.4%）
Penn Entertainment, Inc.（前称宾州国家博彩）是美国知名娱乐企业，业务涵盖综合娱乐运营、体育内容供给及赌场博彩服务，旗下运营好莱坞赌场、Ameristar、Boomtown等品牌，在全美20个州拥有43处经营场所，同时持有加拿大数字媒体企业Score Media and Gaming的所有权。
越洋钻探（Transocean Ltd.）是按营收计全球规模最大的海上钻探承包商，总部位于瑞士施泰因豪森，起源于美国，目前在加拿大、美国、挪威、英国、印度、巴西、新加坡等20个国家设有办事机构，业务覆盖全球主要海上油气开采区域。
PENN vs RIG — 直观对比
营收规模更大
PENN
是对方的1.7倍
$1.0B
营收增速更快
RIG
高出3.2%
6.4%
净利率更高
RIG
高出2.6%
-0.2%
两年增速更快
RIG
近两年复合增速
3.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.0B |
| 净利润 | $-2.8M | $25.0M |
| 毛利率 | — | 42.0% |
| 营业利润率 | 5.5% | 23.0% |
| 净利率 | -0.2% | 2.4% |
| 营收同比 | 6.4% | 9.6% |
| 净利润同比 | — | 257.1% |
| 每股收益（稀释后） | $-0.02 | $0.13 |
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PENNRIG
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.8B | $1.0B | ||
| Q3 25 | $1.7B | $1.0B | ||
| Q2 25 | $1.8B | $988.0M | ||
| Q1 25 | $1.7B | $906.0M | ||
| Q4 24 | $1.7B | $952.0M | ||
| Q3 24 | $1.6B | $948.0M | ||
| Q2 24 | $1.7B | $861.0M |
净利润PENNRIG
| Q1 26 | $-2.8M | — | ||
| Q4 25 | $-72.9M | $25.0M | ||
| Q3 25 | $-864.6M | $-1.9B | ||
| Q2 25 | $-17.4M | $-938.0M | ||
| Q1 25 | $111.8M | $-79.0M | ||
| Q4 24 | $-133.3M | $7.0M | ||
| Q3 24 | $-36.7M | $-494.0M | ||
| Q2 24 | $-26.8M | $-123.0M |
毛利率PENNRIG
| Q1 26 | — | — | ||
| Q4 25 | — | 42.0% | ||
| Q3 25 | — | 43.2% | ||
| Q2 25 | — | 39.4% | ||
| Q1 25 | — | 31.8% | ||
| Q4 24 | — | 39.2% | ||
| Q3 24 | — | 40.6% | ||
| Q2 24 | — | 38.0% |
营业利润率PENNRIG
| Q1 26 | 5.5% | — | ||
| Q4 25 | -1.0% | 23.0% | ||
| Q3 25 | -45.2% | -163.1% | ||
| Q2 25 | 4.4% | -97.6% | ||
| Q1 25 | 2.6% | 7.1% | ||
| Q4 24 | -2.9% | 13.7% | ||
| Q3 24 | 4.1% | -51.2% | ||
| Q2 24 | 4.5% | -6.9% |
净利率PENNRIG
| Q1 26 | -0.2% | — | ||
| Q4 25 | -4.0% | 2.4% | ||
| Q3 25 | -50.3% | -187.1% | ||
| Q2 25 | -1.0% | -94.9% | ||
| Q1 25 | 6.7% | -8.7% | ||
| Q4 24 | -8.0% | 0.7% | ||
| Q3 24 | -2.2% | -52.1% | ||
| Q2 24 | -1.6% | -14.3% |
每股收益（稀释后）PENNRIG
| Q1 26 | $-0.02 | — | ||
| Q4 25 | $-0.36 | $0.13 | ||
| Q3 25 | $-6.03 | $-2.00 | ||
| Q2 25 | $-0.12 | $-1.06 | ||
| Q1 25 | $0.68 | $-0.11 | ||
| Q4 24 | $-0.87 | $-0.14 | ||
| Q3 24 | $-0.24 | $-0.58 | ||
| Q2 24 | $-0.18 | $-0.15 |
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 | $708.0M | $620.0M |
| 总债务越低越好 | — | $5.2B |
| 股东权益账面价值 | — | $8.1B |
| 总资产 | — | $15.6B |
| 负债/权益比越低杠杆越低 | — | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资PENNRIG
| Q1 26 | $708.0M | — | ||
| Q4 25 | $686.6M | $620.0M | ||
| Q3 25 | $660.1M | $833.0M | ||
| Q2 25 | $671.6M | $377.0M | ||
| Q1 25 | $591.6M | $263.0M | ||
| Q4 24 | $706.6M | $560.0M | ||
| Q3 24 | $834.0M | $435.0M | ||
| Q2 24 | $877.6M | $475.0M |
总债务PENNRIG
| Q1 26 | — | — | ||
| Q4 25 | $2.9B | $5.2B | ||
| Q3 25 | $2.9B | $4.8B | ||
| Q2 25 | $2.8B | $5.9B | ||
| Q1 25 | $2.6B | $5.9B | ||
| Q4 24 | $2.8B | $6.2B | ||
| Q3 24 | $2.8B | $6.5B | ||
| Q2 24 | $2.8B | $6.8B |
股东权益PENNRIG
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $8.1B | ||
| Q3 25 | $2.0B | $8.1B | ||
| Q2 25 | $3.0B | $9.4B | ||
| Q1 25 | $3.0B | $10.2B | ||
| Q4 24 | $2.9B | $10.3B | ||
| Q3 24 | $3.1B | $10.2B | ||
| Q2 24 | $3.1B | $10.7B |
总资产PENNRIG
| Q1 26 | — | — | ||
| Q4 25 | $14.3B | $15.6B | ||
| Q3 25 | $14.3B | $16.2B | ||
| Q2 25 | $15.2B | $17.8B | ||
| Q1 25 | $15.1B | $19.0B | ||
| Q4 24 | $15.3B | $19.4B | ||
| Q3 24 | $15.5B | $19.5B | ||
| Q2 24 | $15.5B | $20.3B |
负债/权益比PENNRIG
| Q1 26 | — | — | ||
| Q4 25 | 1.58× | 0.64× | ||
| Q3 25 | 1.46× | 0.60× | ||
| Q2 25 | 0.94× | 0.63× | ||
| Q1 25 | 0.89× | 0.58× | ||
| Q4 24 | 0.98× | 0.60× | ||
| Q3 24 | 0.91× | 0.64× | ||
| Q2 24 | 0.91× | 0.63× |
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 | — | $349.0M |
| 自由现金流经营现金流 - 资本支出 | — | $321.0M |
| 自由现金流率自由现金流/营收 | — | 30.8% |
| 资本支出强度资本支出/营收 | 5.3% | 2.7% |
| 现金转化率经营现金流/净利润 | — | 13.96× |
| 过去12个月自由现金流最近4个季度 | — | $626.0M |
8季度趋势，按日历期对齐
经营现金流PENNRIG
| Q1 26 | — | — | ||
| Q4 25 | $107.2M | $349.0M | ||
| Q3 25 | $180.9M | $246.0M | ||
| Q2 25 | $178.2M | $128.0M | ||
| Q1 25 | $41.9M | $26.0M | ||
| Q4 24 | $102.9M | $206.0M | ||
| Q3 24 | $174.7M | $194.0M | ||
| Q2 24 | $150.4M | $133.0M |
自由现金流PENNRIG
| Q1 26 | — | — | ||
| Q4 25 | $-83.2M | $321.0M | ||
| Q3 25 | $8.2M | $235.0M | ||
| Q2 25 | $18.8M | $104.0M | ||
| Q1 25 | $-83.3M | $-34.0M | ||
| Q4 24 | $-118.1M | $177.0M | ||
| Q3 24 | $42.6M | $136.0M | ||
| Q2 24 | $62.2M | $49.0M |
自由现金流率PENNRIG
| Q1 26 | — | — | ||
| Q4 25 | -4.6% | 30.8% | ||
| Q3 25 | 0.5% | 22.9% | ||
| Q2 25 | 1.1% | 10.5% | ||
| Q1 25 | -5.0% | -3.8% | ||
| Q4 24 | -7.1% | 18.6% | ||
| Q3 24 | 2.6% | 14.3% | ||
| Q2 24 | 3.7% | 5.7% |
资本支出强度PENNRIG
| Q1 26 | 5.3% | — | ||
| Q4 25 | 10.5% | 2.7% | ||
| Q3 25 | 10.1% | 1.1% | ||
| Q2 25 | 9.0% | 2.4% | ||
| Q1 25 | 7.5% | 6.6% | ||
| Q4 24 | 13.2% | 3.0% | ||
| Q3 24 | 8.1% | 6.1% | ||
| Q2 24 | 5.3% | 9.8% |
现金转化率PENNRIG
| Q1 26 | — | — | ||
| Q4 25 | — | 13.96× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.37× | — | ||
| Q4 24 | — | 29.43× | ||
| Q3 24 | — | — | ||
| Q2 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
PENN
| Northeast segment (1) | $687.1M | 39% |
| Interactive (5) | $358.3M | 20% |
| Midwest segment (4) | $305.9M | 17% |
| South segment (2) | $281.3M | 16% |
| West segment (3) | $145.8M | 8% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
