vs
滨特尔（PNR）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滨特尔的1.0倍（$1.0B vs $1.0B），滨特尔净利率更高（16.6% vs 2.4%，领先14.2%），越洋钻探同比增速更快（9.6% vs 2.6%），越洋钻探自由现金流更多（$321.0M vs $-85.7M），过去两年越洋钻探的营收复合增速更高（16.9% vs -2.9%）
滨特尔（股票代码PNR）是知名水处理企业，注册地位于爱尔兰，税务居民身份归属英国，美国区总部设于明尼苏达州金谷市。品牌起源于美国，2017年数据显示其65%的营收来自美国和加拿大，2014年集团完成架构重组，注册地由瑞士变更为爱尔兰。
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。
PNR vs RIG — 直观对比
营收规模更大
RIG
是对方的1.0倍
$1.0B
营收增速更快
RIG
高出7.0%
2.6%
净利率更高
PNR
高出14.2%
2.4%
自由现金流更多
RIG
多$406.7M
$-85.7M
两年增速更快
RIG
近两年复合增速
-2.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.0B |
| 净利润 | $172.4M | $25.0M |
| 毛利率 | 41.8% | 42.0% |
| 营业利润率 | 20.3% | 23.0% |
| 净利率 | 16.6% | 2.4% |
| 营收同比 | 2.6% | 9.6% |
| 净利润同比 | 11.3% | 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PNRRIG
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.0B | $1.0B | ||
| Q3 25 | $1.0B | $1.0B | ||
| Q2 25 | $1.1B | $988.0M | ||
| Q1 25 | $1.0B | $906.0M | ||
| Q4 24 | $972.9M | $952.0M | ||
| Q3 24 | $993.4M | $948.0M | ||
| Q2 24 | $1.1B | $861.0M |
净利润PNRRIG
| Q1 26 | $172.4M | — | ||
| Q4 25 | $166.1M | $25.0M | ||
| Q3 25 | $184.3M | $-1.9B | ||
| Q2 25 | $148.5M | $-938.0M | ||
| Q1 25 | $154.9M | $-79.0M | ||
| Q4 24 | $166.4M | $7.0M | ||
| Q3 24 | $139.6M | $-494.0M | ||
| Q2 24 | $186.1M | $-123.0M |
毛利率PNRRIG
| Q1 26 | 41.8% | — | ||
| Q4 25 | 40.4% | 42.0% | ||
| Q3 25 | 41.0% | 43.2% | ||
| Q2 25 | 40.7% | 39.4% | ||
| Q1 25 | 39.9% | 31.8% | ||
| Q4 24 | 38.8% | 39.2% | ||
| Q3 24 | 39.6% | 40.6% | ||
| Q2 24 | 39.8% | 38.0% |
营业利润率PNRRIG
| Q1 26 | 20.3% | — | ||
| Q4 25 | 20.1% | 23.0% | ||
| Q3 25 | 22.7% | -163.1% | ||
| Q2 25 | 19.4% | -97.6% | ||
| Q1 25 | 20.1% | 7.1% | ||
| Q4 24 | 20.1% | 13.7% | ||
| Q3 24 | 18.1% | -51.2% | ||
| Q2 24 | 22.6% | -6.9% |
净利率PNRRIG
| Q1 26 | 16.6% | — | ||
| Q4 25 | 16.3% | 2.4% | ||
| Q3 25 | 18.0% | -187.1% | ||
| Q2 25 | 13.2% | -94.9% | ||
| Q1 25 | 15.3% | -8.7% | ||
| Q4 24 | 17.1% | 0.7% | ||
| Q3 24 | 14.1% | -52.1% | ||
| Q2 24 | 16.9% | -14.3% |
每股收益（稀释后）PNRRIG
| Q1 26 | — | — | ||
| Q4 25 | $1.01 | $0.13 | ||
| Q3 25 | $1.12 | $-2.00 | ||
| Q2 25 | $0.90 | $-1.06 | ||
| Q1 25 | $0.93 | $-0.11 | ||
| Q4 24 | $0.99 | $-0.14 | ||
| Q3 24 | $0.84 | $-0.58 | ||
| Q2 24 | $1.11 | $-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 | $67.7M | $620.0M |
| 总债务越低越好 | $1.9B | $5.2B |
| 股东权益账面价值 | $3.8B | $8.1B |
| 总资产 | $7.1B | $15.6B |
| 负债/权益比越低杠杆越低 | 0.51× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资PNRRIG
| Q1 26 | $67.7M | — | ||
| Q4 25 | — | $620.0M | ||
| Q3 25 | $128.4M | $833.0M | ||
| Q2 25 | $143.0M | $377.0M | ||
| Q1 25 | $140.6M | $263.0M | ||
| Q4 24 | $118.7M | $560.0M | ||
| Q3 24 | $218.1M | $435.0M | ||
| Q2 24 | $214.3M | $475.0M |
总债务PNRRIG
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.6B | $5.2B | ||
| Q3 25 | $1.6B | $4.8B | ||
| Q2 25 | $1.4B | $5.9B | ||
| Q1 25 | $1.8B | $5.9B | ||
| Q4 24 | $1.6B | $6.2B | ||
| Q3 24 | — | $6.5B | ||
| Q2 24 | $1.8B | $6.8B |
股东权益PNRRIG
| Q1 26 | $3.8B | — | ||
| Q4 25 | $3.9B | $8.1B | ||
| Q3 25 | $3.8B | $8.1B | ||
| Q2 25 | $3.7B | $9.4B | ||
| Q1 25 | $3.6B | $10.2B | ||
| Q4 24 | $3.6B | $10.3B | ||
| Q3 24 | $3.5B | $10.2B | ||
| Q2 24 | $3.4B | $10.7B |
总资产PNRRIG
| Q1 26 | $7.1B | — | ||
| Q4 25 | $6.9B | $15.6B | ||
| Q3 25 | $6.8B | $16.2B | ||
| Q2 25 | $6.5B | $17.8B | ||
| Q1 25 | $6.7B | $19.0B | ||
| Q4 24 | $6.4B | $19.4B | ||
| Q3 24 | $6.5B | $19.5B | ||
| Q2 24 | $6.5B | $20.3B |
负债/权益比PNRRIG
| Q1 26 | 0.51× | — | ||
| Q4 25 | 0.42× | 0.64× | ||
| Q3 25 | 0.42× | 0.60× | ||
| Q2 25 | 0.38× | 0.63× | ||
| Q1 25 | 0.51× | 0.58× | ||
| Q4 24 | 0.46× | 0.60× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | 0.51× | 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 | $-85.7M | $321.0M |
| 自由现金流率自由现金流/营收 | -8.3% | 30.8% |
| 资本支出强度资本支出/营收 | 1.8% | 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 | $716.0M | $626.0M |
8季度趋势，按日历期对齐
经营现金流PNRRIG
| Q1 26 | — | — | ||
| Q4 25 | $50.8M | $349.0M | ||
| Q3 25 | $196.3M | $246.0M | ||
| Q2 25 | $606.6M | $128.0M | ||
| Q1 25 | $-38.9M | $26.0M | ||
| Q4 24 | $86.5M | $206.0M | ||
| Q3 24 | $248.6M | $194.0M | ||
| Q2 24 | $539.2M | $133.0M |
自由现金流PNRRIG
| Q1 26 | $-85.7M | — | ||
| Q4 25 | $27.1M | $321.0M | ||
| Q3 25 | $178.9M | $235.0M | ||
| Q2 25 | $595.7M | $104.0M | ||
| Q1 25 | $-55.7M | $-34.0M | ||
| Q4 24 | $63.8M | $177.0M | ||
| Q3 24 | $233.2M | $136.0M | ||
| Q2 24 | $522.2M | $49.0M |
自由现金流率PNRRIG
| Q1 26 | -8.3% | — | ||
| Q4 25 | 2.7% | 30.8% | ||
| Q3 25 | 17.5% | 22.9% | ||
| Q2 25 | 53.0% | 10.5% | ||
| Q1 25 | -5.5% | -3.8% | ||
| Q4 24 | 6.6% | 18.6% | ||
| Q3 24 | 23.5% | 14.3% | ||
| Q2 24 | 47.5% | 5.7% |
资本支出强度PNRRIG
| Q1 26 | 1.8% | — | ||
| Q4 25 | 2.3% | 2.7% | ||
| Q3 25 | 1.7% | 1.1% | ||
| Q2 25 | 1.0% | 2.4% | ||
| Q1 25 | 1.7% | 6.6% | ||
| Q4 24 | 2.3% | 3.0% | ||
| Q3 24 | 1.6% | 6.1% | ||
| Q2 24 | 1.5% | 9.8% |
现金转化率PNRRIG
| Q1 26 | — | — | ||
| Q4 25 | 0.31× | 13.96× | ||
| Q3 25 | 1.07× | — | ||
| Q2 25 | 4.08× | — | ||
| Q1 25 | -0.25× | — | ||
| Q4 24 | 0.52× | 29.43× | ||
| Q3 24 | 1.78× | — | ||
| Q2 24 | 2.90× | — |
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
PNR
| Water Solutions | $391.0M | 38% |
| Pool | $387.1M | 37% |
| Flow | $258.1M | 25% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
