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PORTLAND GENERAL ELECTRIC CO（POR）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PORTLAND GENERAL ELECTRIC CO的1.2倍（$1.0B vs $889.0M），PORTLAND GENERAL ELECTRIC CO净利率更高（4.6% vs 2.4%，领先2.2%），越洋钻探同比增速更快（9.6% vs 7.9%），越洋钻探自由现金流更多（$321.0M vs $-142.0M），过去两年越洋钻探的营收复合增速更高（16.9% vs -2.2%）
波特兰通用电气（简称PGE）是财富1000强上市能源企业，总部位于美国俄勒冈州波特兰，业务覆盖发电、输电、配电全链路，为俄勒冈州近三分之二的工商业活动提供电力服务，受俄勒冈州公用事业委员会监管，前身为1888年成立的威拉米特瀑布电气公司。
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。
POR vs RIG — 直观对比
营收规模更大
RIG
是对方的1.2倍
$889.0M
营收增速更快
RIG
高出1.7%
7.9%
净利率更高
POR
高出2.2%
2.4%
自由现金流更多
RIG
多$463.0M
$-142.0M
两年增速更快
RIG
近两年复合增速
-2.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $889.0M | $1.0B |
| 净利润 | $41.0M | $25.0M |
| 毛利率 | — | 42.0% |
| 营业利润率 | 10.7% | 23.0% |
| 净利率 | 4.6% | 2.4% |
| 营收同比 | 7.9% | 9.6% |
| 净利润同比 | 7.9% | 257.1% |
| 每股收益（稀释后） | $0.36 | $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PORRIG
| Q4 25 | $889.0M | $1.0B | ||
| Q3 25 | $952.0M | $1.0B | ||
| Q2 25 | $807.0M | $988.0M | ||
| Q1 25 | $928.0M | $906.0M | ||
| Q4 24 | $824.0M | $952.0M | ||
| Q3 24 | $929.0M | $948.0M | ||
| Q2 24 | $758.0M | $861.0M | ||
| Q1 24 | $929.0M | $763.0M |
净利润PORRIG
| Q4 25 | $41.0M | $25.0M | ||
| Q3 25 | $103.0M | $-1.9B | ||
| Q2 25 | $62.0M | $-938.0M | ||
| Q1 25 | $100.0M | $-79.0M | ||
| Q4 24 | $38.0M | $7.0M | ||
| Q3 24 | $94.0M | $-494.0M | ||
| Q2 24 | $72.0M | $-123.0M | ||
| Q1 24 | $109.0M | $98.0M |
毛利率PORRIG
| 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PORRIG
| Q4 25 | 10.7% | 23.0% | ||
| Q3 25 | 18.3% | -163.1% | ||
| Q2 25 | 14.6% | -97.6% | ||
| Q1 25 | 18.1% | 7.1% | ||
| Q4 24 | 10.7% | 13.7% | ||
| Q3 24 | 15.7% | -51.2% | ||
| Q2 24 | 15.3% | -6.9% | ||
| Q1 24 | 17.4% | -0.4% |
净利率PORRIG
| Q4 25 | 4.6% | 2.4% | ||
| Q3 25 | 10.8% | -187.1% | ||
| Q2 25 | 7.7% | -94.9% | ||
| Q1 25 | 10.8% | -8.7% | ||
| Q4 24 | 4.6% | 0.7% | ||
| Q3 24 | 10.1% | -52.1% | ||
| Q2 24 | 9.5% | -14.3% | ||
| Q1 24 | 11.7% | 12.8% |
每股收益（稀释后）PORRIG
| Q4 25 | $0.36 | $0.13 | ||
| Q3 25 | $0.94 | $-2.00 | ||
| Q2 25 | $0.56 | $-1.06 | ||
| Q1 25 | $0.91 | $-0.11 | ||
| Q4 24 | $0.34 | $-0.14 | ||
| Q3 24 | $0.90 | $-0.58 | ||
| Q2 24 | $0.69 | $-0.15 | ||
| Q1 24 | $1.08 | $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 | $4.7B | $5.2B |
| 股东权益账面价值 | $4.1B | $8.1B |
| 总资产 | $13.2B | $15.6B |
| 负债/权益比越低杠杆越低 | 1.13× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资PORRIG
| 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PORRIG
| Q4 25 | $4.7B | $5.2B | ||
| Q3 25 | $4.7B | $4.8B | ||
| Q2 25 | $4.7B | $5.9B | ||
| Q1 25 | $4.7B | $5.9B | ||
| Q4 24 | $4.5B | $6.2B | ||
| Q3 24 | $4.4B | $6.5B | ||
| Q2 24 | $4.4B | $6.8B | ||
| Q1 24 | $4.4B | $6.8B |
股东权益PORRIG
| Q4 25 | $4.1B | $8.1B | ||
| Q3 25 | $4.0B | $8.1B | ||
| Q2 25 | $3.9B | $9.4B | ||
| Q1 25 | $3.8B | $10.2B | ||
| Q4 24 | $3.8B | $10.3B | ||
| Q3 24 | $3.6B | $10.2B | ||
| Q2 24 | $3.5B | $10.7B | ||
| Q1 24 | $3.5B | $10.5B |
总资产PORRIG
| Q4 25 | $13.2B | $15.6B | ||
| Q3 25 | $13.0B | $16.2B | ||
| Q2 25 | $12.7B | $17.8B | ||
| Q1 25 | $12.7B | $19.0B | ||
| Q4 24 | $12.5B | $19.4B | ||
| Q3 24 | $11.9B | $19.5B | ||
| Q2 24 | $11.6B | $20.3B | ||
| Q1 24 | $11.6B | $19.9B |
负债/权益比PORRIG
| Q4 25 | 1.13× | 0.64× | ||
| Q3 25 | 1.20× | 0.60× | ||
| Q2 25 | 1.23× | 0.63× | ||
| Q1 25 | 1.23× | 0.58× | ||
| Q4 24 | 1.20× | 0.60× | ||
| Q3 24 | 1.22× | 0.64× | ||
| Q2 24 | 1.27× | 0.63× | ||
| Q1 24 | 1.28× | 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 | $148.0M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $-142.0M | $321.0M |
| 自由现金流率自由现金流/营收 | -16.0% | 30.8% |
| 资本支出强度资本支出/营收 | 32.6% | 2.7% |
| 现金转化率经营现金流/净利润 | 3.61× | 13.96× |
| 过去12个月自由现金流最近4个季度 | $-71.0M | $626.0M |
8季度趋势，按日历期对齐
经营现金流PORRIG
| Q4 25 | $148.0M | $349.0M | ||
| Q3 25 | $403.0M | $246.0M | ||
| Q2 25 | $336.0M | $128.0M | ||
| Q1 25 | $231.0M | $26.0M | ||
| Q4 24 | $170.0M | $206.0M | ||
| Q3 24 | $244.0M | $194.0M | ||
| Q2 24 | $189.0M | $133.0M | ||
| Q1 24 | $175.0M | $-86.0M |
自由现金流PORRIG
| Q4 25 | $-142.0M | $321.0M | ||
| Q3 25 | $100.0M | $235.0M | ||
| Q2 25 | $99.0M | $104.0M | ||
| Q1 25 | $-128.0M | $-34.0M | ||
| Q4 24 | $-222.0M | $177.0M | ||
| Q3 24 | $-9.0M | $136.0M | ||
| Q2 24 | $-109.0M | $49.0M | ||
| Q1 24 | $-150.0M | $-169.0M |
自由现金流率PORRIG
| Q4 25 | -16.0% | 30.8% | ||
| Q3 25 | 10.5% | 22.9% | ||
| Q2 25 | 12.3% | 10.5% | ||
| Q1 25 | -13.8% | -3.8% | ||
| Q4 24 | -26.9% | 18.6% | ||
| Q3 24 | -1.0% | 14.3% | ||
| Q2 24 | -14.4% | 5.7% | ||
| Q1 24 | -16.1% | -22.1% |
资本支出强度PORRIG
| Q4 25 | 32.6% | 2.7% | ||
| Q3 25 | 31.8% | 1.1% | ||
| Q2 25 | 29.4% | 2.4% | ||
| Q1 25 | 38.7% | 6.6% | ||
| Q4 24 | 47.6% | 3.0% | ||
| Q3 24 | 27.2% | 6.1% | ||
| Q2 24 | 39.3% | 9.8% | ||
| Q1 24 | 35.0% | 10.9% |
现金转化率PORRIG
| Q4 25 | 3.61× | 13.96× | ||
| Q3 25 | 3.91× | — | ||
| Q2 25 | 5.42× | — | ||
| Q1 25 | 2.31× | — | ||
| Q4 24 | 4.47× | 29.43× | ||
| Q3 24 | 2.60× | — | ||
| Q2 24 | 2.63× | — | ||
| Q1 24 | 1.61× | -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
POR
| Other | $507.0M | 57% |
| Commercial | $231.0M | 26% |
| Industrial | $140.0M | 16% |
| Direct Accesscustomers | $11.0M | 1% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
