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PJT Partners Inc.（PJT）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
越洋钻探的季度营收约是PJT Partners Inc.的2.0倍（$1.0B vs $531.4M），PJT Partners Inc.净利率更高（10.0% vs 2.4%，领先7.6%），PJT Partners Inc.同比增速更快（12.9% vs 9.6%），越洋钻探自由现金流更多（$321.0M vs $138.6M），过去两年PJT Partners Inc.的营收复合增速更高（27.5% vs 16.9%）
PJT Partners Inc.是一家专注于顾问业务的全球投资银行，于2015年10月从黑石集团旗下拆分成立，独立运营原黑石的金融与战略咨询服务业务，为全球各类客户提供专业的投行顾问相关服务。
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。
PJT vs RIG — 直观对比
营收规模更大
RIG
是对方的2.0倍
$531.4M
营收增速更快
PJT
高出3.4%
9.6%
净利率更高
PJT
高出7.6%
2.4%
自由现金流更多
RIG
多$182.4M
$138.6M
两年增速更快
PJT
近两年复合增速
16.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $531.4M | $1.0B |
| 净利润 | $53.4M | $25.0M |
| 毛利率 | — | 42.0% |
| 营业利润率 | 23.1% | 23.0% |
| 净利率 | 10.0% | 2.4% |
| 营收同比 | 12.9% | 9.6% |
| 净利润同比 | 4.0% | 257.1% |
| 每股收益（稀释后） | — | $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PJTRIG
| Q4 25 | $531.4M | $1.0B | ||
| Q3 25 | $442.3M | $1.0B | ||
| Q2 25 | $401.1M | $988.0M | ||
| Q1 25 | $321.9M | $906.0M | ||
| Q4 24 | $470.5M | $952.0M | ||
| Q3 24 | $320.3M | $948.0M | ||
| Q2 24 | $358.1M | $861.0M | ||
| Q1 24 | $327.1M | $763.0M |
净利润PJTRIG
| Q4 25 | $53.4M | $25.0M | ||
| Q3 25 | $39.8M | $-1.9B | ||
| Q2 25 | $32.9M | $-938.0M | ||
| Q1 25 | $54.0M | $-79.0M | ||
| Q4 24 | $51.3M | $7.0M | ||
| Q3 24 | $22.1M | $-494.0M | ||
| Q2 24 | $28.3M | $-123.0M | ||
| Q1 24 | $32.6M | $98.0M |
毛利率PJTRIG
| 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% | ||
| Q1 24 | — | 31.5% |
营业利润率PJTRIG
| Q4 25 | 23.1% | 23.0% | ||
| Q3 25 | 20.6% | -163.1% | ||
| Q2 25 | 19.1% | -97.6% | ||
| Q1 25 | 16.3% | 7.1% | ||
| Q4 24 | 21.9% | 13.7% | ||
| Q3 24 | 15.4% | -51.2% | ||
| Q2 24 | 18.0% | -6.9% | ||
| Q1 24 | 16.5% | -0.4% |
净利率PJTRIG
| Q4 25 | 10.0% | 2.4% | ||
| Q3 25 | 9.0% | -187.1% | ||
| Q2 25 | 8.2% | -94.9% | ||
| Q1 25 | 16.8% | -8.7% | ||
| Q4 24 | 10.9% | 0.7% | ||
| Q3 24 | 6.9% | -52.1% | ||
| Q2 24 | 7.9% | -14.3% | ||
| Q1 24 | 10.0% | 12.8% |
每股收益（稀释后）PJTRIG
| Q4 25 | — | $0.13 | ||
| Q3 25 | — | $-2.00 | ||
| Q2 25 | — | $-1.06 | ||
| Q1 25 | — | $-0.11 | ||
| Q4 24 | — | $-0.14 | ||
| Q3 24 | — | $-0.58 | ||
| Q2 24 | — | $-0.15 | ||
| Q1 24 | — | $0.11 |
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 | $538.9M | $620.0M |
| 总债务越低越好 | — | $5.2B |
| 股东权益账面价值 | $308.2M | $8.1B |
| 总资产 | $1.8B | $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PJTRIG
| Q4 25 | $538.9M | $620.0M | ||
| Q3 25 | $400.5M | $833.0M | ||
| Q2 25 | $214.6M | $377.0M | ||
| Q1 25 | $194.3M | $263.0M | ||
| Q4 24 | $483.9M | $560.0M | ||
| Q3 24 | $148.8M | $435.0M | ||
| Q2 24 | $164.2M | $475.0M | ||
| Q1 24 | $215.5M | $446.0M |
总债务PJTRIG
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $5.9B | ||
| Q1 25 | — | $5.9B | ||
| Q4 24 | — | $6.2B | ||
| Q3 24 | — | $6.5B | ||
| Q2 24 | — | $6.8B | ||
| Q1 24 | — | $6.8B |
股东权益PJTRIG
| Q4 25 | $308.2M | $8.1B | ||
| Q3 25 | $228.6M | $8.1B | ||
| Q2 25 | $167.4M | $9.4B | ||
| Q1 25 | $148.8M | $10.2B | ||
| Q4 24 | $187.0M | $10.3B | ||
| Q3 24 | $159.1M | $10.2B | ||
| Q2 24 | $133.8M | $10.7B | ||
| Q1 24 | $174.6M | $10.5B |
总资产PJTRIG
| Q4 25 | $1.8B | $15.6B | ||
| Q3 25 | $1.7B | $16.2B | ||
| Q2 25 | $1.5B | $17.8B | ||
| Q1 25 | $1.4B | $19.0B | ||
| Q4 24 | $1.6B | $19.4B | ||
| Q3 24 | $1.6B | $19.5B | ||
| Q2 24 | $1.4B | $20.3B | ||
| Q1 24 | $1.3B | $19.9B |
负债/权益比PJTRIG
| Q4 25 | — | 0.64× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | — | 0.63× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | — | 0.60× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.63× | ||
| Q1 24 | — | 0.65× |
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 | $155.7M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $138.6M | $321.0M |
| 自由现金流率自由现金流/营收 | 26.1% | 30.8% |
| 资本支出强度资本支出/营收 | 3.2% | 2.7% |
| 现金转化率经营现金流/净利润 | 2.92× | 13.96× |
| 过去12个月自由现金流最近4个季度 | $480.4M | $626.0M |
8季度趋势，按日历期对齐
经营现金流PJTRIG
| Q4 25 | $155.7M | $349.0M | ||
| Q3 25 | $256.1M | $246.0M | ||
| Q2 25 | $190.4M | $128.0M | ||
| Q1 25 | $-75.9M | $26.0M | ||
| Q4 24 | $195.7M | $206.0M | ||
| Q3 24 | $180.5M | $194.0M | ||
| Q2 24 | $193.6M | $133.0M | ||
| Q1 24 | $-38.8M | $-86.0M |
自由现金流PJTRIG
| Q4 25 | $138.6M | $321.0M | ||
| Q3 25 | $240.9M | $235.0M | ||
| Q2 25 | $178.9M | $104.0M | ||
| Q1 25 | $-77.9M | $-34.0M | ||
| Q4 24 | $195.3M | $177.0M | ||
| Q3 24 | $178.5M | $136.0M | ||
| Q2 24 | $193.0M | $49.0M | ||
| Q1 24 | $-39.2M | $-169.0M |
自由现金流率PJTRIG
| Q4 25 | 26.1% | 30.8% | ||
| Q3 25 | 54.5% | 22.9% | ||
| Q2 25 | 44.6% | 10.5% | ||
| Q1 25 | -24.2% | -3.8% | ||
| Q4 24 | 41.5% | 18.6% | ||
| Q3 24 | 55.7% | 14.3% | ||
| Q2 24 | 53.9% | 5.7% | ||
| Q1 24 | -12.0% | -22.1% |
资本支出强度PJTRIG
| Q4 25 | 3.2% | 2.7% | ||
| Q3 25 | 3.4% | 1.1% | ||
| Q2 25 | 2.9% | 2.4% | ||
| Q1 25 | 0.6% | 6.6% | ||
| Q4 24 | 0.1% | 3.0% | ||
| Q3 24 | 0.6% | 6.1% | ||
| Q2 24 | 0.1% | 9.8% | ||
| Q1 24 | 0.1% | 10.9% |
现金转化率PJTRIG
| Q4 25 | 2.92× | 13.96× | ||
| Q3 25 | 6.43× | — | ||
| Q2 25 | 5.79× | — | ||
| Q1 25 | -1.41× | — | ||
| Q4 24 | 3.81× | 29.43× | ||
| Q3 24 | 8.15× | — | ||
| Q2 24 | 6.84× | — | ||
| Q1 24 | -1.19× | -0.88× |
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
PJT
暂无分部数据
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
