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先锋自然资源公司（PR）与Reddit, Inc.（RDDT）财务数据对比。点击上方公司名可切换其他公司
先锋自然资源公司的季度营收约是Reddit, Inc.的1.6倍（$1.2B vs $725.6M），Reddit, Inc.净利率更高（34.7% vs 29.0%，领先5.6%），Reddit, Inc.同比增速更快（69.7% vs -9.8%），过去两年Reddit, Inc.的营收复合增速更高（72.8% vs -3.0%）
先锋自然资源公司总部位于美国得克萨斯州欧文市，主要从事油气勘探业务，运营覆盖二叠纪盆地Spraberry产区的克莱恩页岩区块，是该区域最大的土地权益持有方，2024年5月被埃克森美孚收购。
Reddit是美国知名的社交新闻聚合与论坛类社交媒体平台，注册用户可发布链接、文字帖、图片、视频等各类内容，其他用户可对内容进行点赞或点踩，内容按主题归类到用户创建的子板块中，获赞更高的内容会排在板块前列，热度足够的内容还将展示在全站首页。
PR vs RDDT — 直观对比
营收规模更大
PR
是对方的1.6倍
$725.6M
营收增速更快
RDDT
高出79.4%
-9.8%
净利率更高
RDDT
高出5.6%
29.0%
两年增速更快
RDDT
近两年复合增速
-3.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $725.6M |
| 净利润 | $339.5M | $251.6M |
| 毛利率 | — | 91.9% |
| 营业利润率 | 23.1% | 31.9% |
| 净利率 | 29.0% | 34.7% |
| 营收同比 | -9.8% | 69.7% |
| 净利润同比 | 56.7% | 254.2% |
| 每股收益（稀释后） | $0.48 | $1.24 |
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PRRDDT
| Q4 25 | $1.2B | $725.6M | ||
| Q3 25 | $1.3B | $584.9M | ||
| Q2 25 | $1.2B | $499.6M | ||
| Q1 25 | $1.4B | $392.4M | ||
| Q4 24 | $1.3B | $427.7M | ||
| Q3 24 | $1.2B | $348.4M | ||
| Q2 24 | $1.2B | $281.2M | ||
| Q1 24 | $1.2B | $243.0M |
净利润PRRDDT
| Q4 25 | $339.5M | $251.6M | ||
| Q3 25 | $59.2M | $162.7M | ||
| Q2 25 | $207.1M | $89.3M | ||
| Q1 25 | $329.3M | $26.2M | ||
| Q4 24 | $216.7M | $71.0M | ||
| Q3 24 | $386.4M | $29.9M | ||
| Q2 24 | $235.1M | $-10.1M | ||
| Q1 24 | $146.6M | $-575.1M |
毛利率PRRDDT
| Q4 25 | — | 91.9% | ||
| Q3 25 | — | 91.0% | ||
| Q2 25 | — | 90.8% | ||
| Q1 25 | — | 90.5% | ||
| Q4 24 | — | 92.6% | ||
| Q3 24 | — | 90.1% | ||
| Q2 24 | — | 89.5% | ||
| Q1 24 | — | 88.6% |
营业利润率PRRDDT
| Q4 25 | 23.1% | 31.9% | ||
| Q3 25 | 29.6% | 23.7% | ||
| Q2 25 | 24.8% | 13.6% | ||
| Q1 25 | 36.6% | 1.0% | ||
| Q4 24 | 32.8% | 12.4% | ||
| Q3 24 | 32.5% | 2.0% | ||
| Q2 24 | 36.5% | -11.0% | ||
| Q1 24 | 37.7% | -242.5% |
净利率PRRDDT
| Q4 25 | 29.0% | 34.7% | ||
| Q3 25 | 4.5% | 27.8% | ||
| Q2 25 | 17.3% | 17.9% | ||
| Q1 25 | 23.9% | 6.7% | ||
| Q4 24 | 16.7% | 16.6% | ||
| Q3 24 | 31.8% | 8.6% | ||
| Q2 24 | 18.9% | -3.6% | ||
| Q1 24 | 11.8% | -236.7% |
每股收益（稀释后）PRRDDT
| Q4 25 | $0.48 | $1.24 | ||
| Q3 25 | $0.08 | $0.80 | ||
| Q2 25 | $0.28 | $0.45 | ||
| Q1 25 | $0.44 | $0.13 | ||
| Q4 24 | $0.31 | $4.76 | ||
| Q3 24 | $0.53 | $0.16 | ||
| Q2 24 | $0.36 | $-0.06 | ||
| Q1 24 | $0.25 | $-8.19 |
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 | $153.7M | $953.6M |
| 总债务越低越好 | $3.5B | — |
| 股东权益账面价值 | $10.3B | $2.9B |
| 总资产 | $17.9B | $3.2B |
| 负债/权益比越低杠杆越低 | 0.34× | — |
8季度趋势，按日历期对齐
现金及短期投资PRRDDT
| Q4 25 | $153.7M | $953.6M | ||
| Q3 25 | $111.8M | $911.7M | ||
| Q2 25 | $451.0M | $734.1M | ||
| Q1 25 | $702.2M | $635.7M | ||
| Q4 24 | $479.3M | $562.1M | ||
| Q3 24 | $272.0M | $515.9M | ||
| Q2 24 | $47.8M | $468.0M | ||
| Q1 24 | $12.7M | $968.5M |
总债务PRRDDT
| Q4 25 | $3.5B | — | ||
| Q3 25 | $3.5B | — | ||
| Q2 25 | $4.0B | — | ||
| Q1 25 | $4.0B | — | ||
| Q4 24 | $4.2B | — | ||
| Q3 24 | $4.2B | — | ||
| Q2 24 | $3.9B | — | ||
| Q1 24 | $3.9B | — |
股东权益PRRDDT
| Q4 25 | $10.3B | $2.9B | ||
| Q3 25 | $10.0B | $2.6B | ||
| Q2 25 | $9.5B | $2.4B | ||
| Q1 25 | $9.4B | $2.2B | ||
| Q4 24 | $9.1B | $2.1B | ||
| Q3 24 | $9.0B | $2.0B | ||
| Q2 24 | $8.3B | $1.9B | ||
| Q1 24 | $7.0B | $1.8B |
总资产PRRDDT
| Q4 25 | $17.9B | $3.2B | ||
| Q3 25 | $17.3B | $2.9B | ||
| Q2 25 | $17.5B | $2.6B | ||
| Q1 25 | $17.1B | $2.4B | ||
| Q4 24 | $16.9B | $2.3B | ||
| Q3 24 | $16.6B | $2.2B | ||
| Q2 24 | $15.4B | $2.1B | ||
| Q1 24 | $15.1B | $2.0B |
负债/权益比PRRDDT
| Q4 25 | 0.34× | — | ||
| Q3 25 | 0.35× | — | ||
| Q2 25 | 0.42× | — | ||
| Q1 25 | 0.43× | — | ||
| Q4 24 | 0.46× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.46× | — | ||
| Q1 24 | 0.56× | — |
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 | $904.3M | $266.8M |
| 自由现金流经营现金流 - 资本支出 | — | $263.6M |
| 自由现金流率自由现金流/营收 | — | 36.3% |
| 资本支出强度资本支出/营收 | — | 0.4% |
| 现金转化率经营现金流/净利润 | 2.66× | 1.06× |
| 过去12个月自由现金流最近4个季度 | — | $684.2M |
8季度趋势，按日历期对齐
经营现金流PRRDDT
| Q4 25 | $904.3M | $266.8M | ||
| Q3 25 | $766.5M | $185.2M | ||
| Q2 25 | $1.0B | $111.3M | ||
| Q1 25 | $898.0M | $127.6M | ||
| Q4 24 | $871.6M | $90.0M | ||
| Q3 24 | $954.4M | $71.6M | ||
| Q2 24 | $938.4M | $28.4M | ||
| Q1 24 | $647.6M | $32.1M |
自由现金流PRRDDT
| Q4 25 | — | $263.6M | ||
| Q3 25 | — | $183.1M | ||
| Q2 25 | — | $110.8M | ||
| Q1 25 | — | $126.6M | ||
| Q4 24 | — | $89.2M | ||
| Q3 24 | — | $70.3M | ||
| Q2 24 | — | $27.2M | ||
| Q1 24 | — | $29.2M |
自由现金流率PRRDDT
| Q4 25 | — | 36.3% | ||
| Q3 25 | — | 31.3% | ||
| Q2 25 | — | 22.2% | ||
| Q1 25 | — | 32.3% | ||
| Q4 24 | — | 20.8% | ||
| Q3 24 | — | 20.2% | ||
| Q2 24 | — | 9.7% | ||
| Q1 24 | — | 12.0% |
资本支出强度PRRDDT
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 1.2% |
现金转化率PRRDDT
| Q4 25 | 2.66× | 1.06× | ||
| Q3 25 | 12.94× | 1.14× | ||
| Q2 25 | 5.01× | 1.25× | ||
| Q1 25 | 2.73× | 4.88× | ||
| Q4 24 | 4.02× | 1.27× | ||
| Q3 24 | 2.47× | 2.40× | ||
| Q2 24 | 3.99× | — | ||
| Q1 24 | 4.42× | — |
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
PR
| Crude Oil | $1.0B | 87% |
| Natural Gas Liquids Reserves | $145.1M | 12% |
RDDT
| Advertising | $689.7M | 95% |
| Other Revenue | $35.9M | 5% |
