vs
Insulet Corporation（PODD）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Insulet Corporation的1.3倍（$1.0B vs $783.7M），Insulet Corporation净利率更高（13.0% vs 2.4%，领先10.6%），Insulet Corporation同比增速更快（31.2% vs 9.6%），越洋钻探自由现金流更多（$321.0M vs $48.2M），过去两年Insulet Corporation的营收复合增速更高（33.2% vs 16.9%）
Insulet Corporation是深耕糖尿病治疗领域的医疗器械企业，核心产品为胰岛素泵，通过持续皮下输注胰岛素的疗法为患者给药。其产品通常由泵主体、一次性胰岛素储药仓，以及包含皮下植入套管和连接管路的一次性输注套件构成，满足不同患者的治疗需求。
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。
PODD vs RIG — 直观对比
营收规模更大
RIG
是对方的1.3倍
$783.7M
营收增速更快
PODD
高出21.6%
9.6%
净利率更高
PODD
高出10.6%
2.4%
自由现金流更多
RIG
多$272.8M
$48.2M
两年增速更快
PODD
近两年复合增速
16.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $783.7M | $1.0B |
| 净利润 | $101.6M | $25.0M |
| 毛利率 | 72.6% | 42.0% |
| 营业利润率 | 18.7% | 23.0% |
| 净利率 | 13.0% | 2.4% |
| 营收同比 | 31.2% | 9.6% |
| 净利润同比 | 0.9% | 257.1% |
| 每股收益（稀释后） | $1.42 | $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PODDRIG
| Q4 25 | $783.7M | $1.0B | ||
| Q3 25 | $706.3M | $1.0B | ||
| Q2 25 | $649.1M | $988.0M | ||
| Q1 25 | $569.0M | $906.0M | ||
| Q4 24 | $597.5M | $952.0M | ||
| Q3 24 | $543.9M | $948.0M | ||
| Q2 24 | $488.5M | $861.0M | ||
| Q1 24 | $441.7M | $763.0M |
净利润PODDRIG
| Q4 25 | $101.6M | $25.0M | ||
| Q3 25 | $87.6M | $-1.9B | ||
| Q2 25 | $22.5M | $-938.0M | ||
| Q1 25 | $35.4M | $-79.0M | ||
| Q4 24 | $100.7M | $7.0M | ||
| Q3 24 | $77.5M | $-494.0M | ||
| Q2 24 | $188.6M | $-123.0M | ||
| Q1 24 | $51.5M | $98.0M |
毛利率PODDRIG
| Q4 25 | 72.6% | 42.0% | ||
| Q3 25 | 72.2% | 43.2% | ||
| Q2 25 | 69.7% | 39.4% | ||
| Q1 25 | 71.9% | 31.8% | ||
| Q4 24 | 72.1% | 39.2% | ||
| Q3 24 | 69.3% | 40.6% | ||
| Q2 24 | 67.7% | 38.0% | ||
| Q1 24 | 69.5% | 31.5% |
营业利润率PODDRIG
| Q4 25 | 18.7% | 23.0% | ||
| Q3 25 | 16.7% | -163.1% | ||
| Q2 25 | 18.7% | -97.6% | ||
| Q1 25 | 15.6% | 7.1% | ||
| Q4 24 | 18.3% | 13.7% | ||
| Q3 24 | 16.2% | -51.2% | ||
| Q2 24 | 11.2% | -6.9% | ||
| Q1 24 | 12.9% | -0.4% |
净利率PODDRIG
| Q4 25 | 13.0% | 2.4% | ||
| Q3 25 | 12.4% | -187.1% | ||
| Q2 25 | 3.5% | -94.9% | ||
| Q1 25 | 6.2% | -8.7% | ||
| Q4 24 | 16.9% | 0.7% | ||
| Q3 24 | 14.2% | -52.1% | ||
| Q2 24 | 38.6% | -14.3% | ||
| Q1 24 | 11.7% | 12.8% |
每股收益（稀释后）PODDRIG
| Q4 25 | $1.42 | $0.13 | ||
| Q3 25 | $1.24 | $-2.00 | ||
| Q2 25 | $0.32 | $-1.06 | ||
| Q1 25 | $0.50 | $-0.11 | ||
| Q4 24 | $1.38 | $-0.14 | ||
| Q3 24 | $1.08 | $-0.58 | ||
| Q2 24 | $2.59 | $-0.15 | ||
| Q1 24 | $0.73 | $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 | — | $620.0M |
| 总债务越低越好 | $930.8M | $5.2B |
| 股东权益账面价值 | $1.5B | $8.1B |
| 总资产 | $3.2B | $15.6B |
| 负债/权益比越低杠杆越低 | 0.61× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资PODDRIG
| Q4 25 | — | $620.0M | ||
| Q3 25 | — | $833.0M | ||
| Q2 25 | — | $377.0M | ||
| Q1 25 | — | $263.0M | ||
| Q4 24 | — | $560.0M | ||
| Q3 24 | — | $435.0M | ||
| Q2 24 | — | $475.0M | ||
| Q1 24 | — | $446.0M |
总债务PODDRIG
| Q4 25 | $930.8M | $5.2B | ||
| Q3 25 | $934.9M | $4.8B | ||
| Q2 25 | $939.0M | $5.9B | ||
| Q1 25 | $1.6B | $5.9B | ||
| Q4 24 | $1.3B | $6.2B | ||
| Q3 24 | $1.4B | $6.5B | ||
| Q2 24 | $1.4B | $6.8B | ||
| Q1 24 | $1.4B | $6.8B |
股东权益PODDRIG
| Q4 25 | $1.5B | $8.1B | ||
| Q3 25 | $1.4B | $8.1B | ||
| Q2 25 | $1.5B | $9.4B | ||
| Q1 25 | $1.3B | $10.2B | ||
| Q4 24 | $1.2B | $10.3B | ||
| Q3 24 | $1.1B | $10.2B | ||
| Q2 24 | $998.4M | $10.7B | ||
| Q1 24 | $790.7M | $10.5B |
总资产PODDRIG
| Q4 25 | $3.2B | $15.6B | ||
| Q3 25 | $3.0B | $16.2B | ||
| Q2 25 | $3.5B | $17.8B | ||
| Q1 25 | $3.5B | $19.0B | ||
| Q4 24 | $3.1B | $19.4B | ||
| Q3 24 | $3.0B | $19.5B | ||
| Q2 24 | $2.9B | $20.3B | ||
| Q1 24 | $2.6B | $19.9B |
负债/权益比PODDRIG
| Q4 25 | 0.61× | 0.64× | ||
| Q3 25 | 0.68× | 0.60× | ||
| Q2 25 | 0.64× | 0.63× | ||
| Q1 25 | 1.21× | 0.58× | ||
| Q4 24 | 1.07× | 0.60× | ||
| Q3 24 | 1.21× | 0.64× | ||
| Q2 24 | 1.36× | 0.63× | ||
| Q1 24 | 1.72× | 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 | $183.3M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $48.2M | $321.0M |
| 自由现金流率自由现金流/营收 | 6.2% | 30.8% |
| 资本支出强度资本支出/营收 | 17.2% | 2.7% |
| 现金转化率经营现金流/净利润 | 1.80× | 13.96× |
| 过去12个月自由现金流最近4个季度 | $377.7M | $626.0M |
8季度趋势，按日历期对齐
经营现金流PODDRIG
| Q4 25 | $183.3M | $349.0M | ||
| Q3 25 | $125.7M | $246.0M | ||
| Q2 25 | $196.5M | $128.0M | ||
| Q1 25 | $63.8M | $26.0M | ||
| Q4 24 | $147.7M | $206.0M | ||
| Q3 24 | $98.5M | $194.0M | ||
| Q2 24 | $96.5M | $133.0M | ||
| Q1 24 | $87.6M | $-86.0M |
自由现金流PODDRIG
| Q4 25 | $48.2M | $321.0M | ||
| Q3 25 | $100.1M | $235.0M | ||
| Q2 25 | $177.9M | $104.0M | ||
| Q1 25 | $51.5M | $-34.0M | ||
| Q4 24 | $94.1M | $177.0M | ||
| Q3 24 | $71.8M | $136.0M | ||
| Q2 24 | $74.0M | $49.0M | ||
| Q1 24 | $65.5M | $-169.0M |
自由现金流率PODDRIG
| Q4 25 | 6.2% | 30.8% | ||
| Q3 25 | 14.2% | 22.9% | ||
| Q2 25 | 27.4% | 10.5% | ||
| Q1 25 | 9.1% | -3.8% | ||
| Q4 24 | 15.7% | 18.6% | ||
| Q3 24 | 13.2% | 14.3% | ||
| Q2 24 | 15.1% | 5.7% | ||
| Q1 24 | 14.8% | -22.1% |
资本支出强度PODDRIG
| Q4 25 | 17.2% | 2.7% | ||
| Q3 25 | 3.6% | 1.1% | ||
| Q2 25 | 2.9% | 2.4% | ||
| Q1 25 | 2.2% | 6.6% | ||
| Q4 24 | 9.0% | 3.0% | ||
| Q3 24 | 4.9% | 6.1% | ||
| Q2 24 | 4.6% | 9.8% | ||
| Q1 24 | 5.0% | 10.9% |
现金转化率PODDRIG
| Q4 25 | 1.80× | 13.96× | ||
| Q3 25 | 1.43× | — | ||
| Q2 25 | 8.73× | — | ||
| Q1 25 | 1.80× | — | ||
| Q4 24 | 1.47× | 29.43× | ||
| Q3 24 | 1.27× | — | ||
| Q2 24 | 0.51× | — | ||
| Q1 24 | 1.70× | -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
PODD
| U.S.Omnipod | $567.8M | 72% |
| International Omnipod | $214.0M | 27% |
| Drug Delivery | $1.9M | 0% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
