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先锋自然资源公司（PR）与Rithm Capital Corp.（RITM）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Rithm Capital Corp.的1.4倍（$1.2B vs $828.2M），先锋自然资源公司净利率更高（29.0% vs 13.2%，领先15.8%），Rithm Capital Corp.同比增速更快（508.5% vs -9.8%），过去两年先锋自然资源公司的营收复合增速更高（-3.0% vs -17.9%）
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。
Rithm Capital Corp.是总部位于美国纽约的投资管理机构，核心业务聚焦房地产投资与另类资产投资，依托专业的投研团队和成熟的市场运营经验，为合作伙伴及投资者提供优质的资产配置解决方案与长期收益回报。
PR vs RITM — 直观对比
营收规模更大
PR
是对方的1.4倍
$828.2M
营收增速更快
RITM
高出518.3%
-9.8%
净利率更高
PR
高出15.8%
13.2%
两年增速更快
PR
近两年复合增速
-17.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $828.2M |
| 净利润 | $339.5M | $109.5M |
| 毛利率 | — | — |
| 营业利润率 | 23.1% | 29.9% |
| 净利率 | 29.0% | 13.2% |
| 营收同比 | -9.8% | 508.5% |
| 净利润同比 | 56.7% | 27.7% |
| 每股收益（稀释后） | $0.48 | $0.12 |
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PRRITM
| Q1 26 | — | $828.2M | ||
| Q4 25 | $1.2B | $1.5B | ||
| Q3 25 | $1.3B | $1.1B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $1.4B | $768.4M | ||
| Q4 24 | $1.3B | $2.1B | ||
| Q3 24 | $1.2B | $619.5M | ||
| Q2 24 | $1.2B | $1.2B |
净利润PRRITM
| Q1 26 | — | $109.5M | ||
| Q4 25 | $339.5M | $85.0M | ||
| Q3 25 | $59.2M | $221.5M | ||
| Q2 25 | $207.1M | $311.7M | ||
| Q1 25 | $329.3M | $78.8M | ||
| Q4 24 | $216.7M | $290.2M | ||
| Q3 24 | $386.4M | $121.7M | ||
| Q2 24 | $235.1M | $235.6M |
营业利润率PRRITM
| Q1 26 | — | 29.9% | ||
| Q4 25 | 23.1% | 13.8% | ||
| Q3 25 | 29.6% | 21.4% | ||
| Q2 25 | 24.8% | 25.2% | ||
| Q1 25 | 36.6% | 7.4% | ||
| Q4 24 | 32.8% | 23.8% | ||
| Q3 24 | 32.5% | 7.3% | ||
| Q2 24 | 36.5% | 23.6% |
净利率PRRITM
| Q1 26 | — | 13.2% | ||
| Q4 25 | 29.0% | 5.7% | ||
| Q3 25 | 4.5% | 20.0% | ||
| Q2 25 | 17.3% | 25.6% | ||
| Q1 25 | 23.9% | 10.3% | ||
| Q4 24 | 16.7% | 14.0% | ||
| Q3 24 | 31.8% | 19.7% | ||
| Q2 24 | 18.9% | 19.2% |
每股收益（稀释后）PRRITM
| Q1 26 | — | $0.12 | ||
| Q4 25 | $0.48 | $0.09 | ||
| Q3 25 | $0.08 | $0.35 | ||
| Q2 25 | $0.28 | $0.53 | ||
| Q1 25 | $0.44 | $0.07 | ||
| Q4 24 | $0.31 | $0.50 | ||
| Q3 24 | $0.53 | $0.20 | ||
| Q2 24 | $0.36 | $0.43 |
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 | — |
| 总债务越低越好 | $3.5B | — |
| 股东权益账面价值 | $10.3B | $9.1B |
| 总资产 | $17.9B | $53.4B |
| 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PRRITM
| Q1 26 | — | — | ||
| Q4 25 | $153.7M | $1.8B | ||
| Q3 25 | $111.8M | $1.6B | ||
| Q2 25 | $451.0M | $1.6B | ||
| Q1 25 | $702.2M | $1.5B | ||
| Q4 24 | $479.3M | $1.5B | ||
| Q3 24 | $272.0M | $1.6B | ||
| Q2 24 | $47.8M | $1.2B |
总债务PRRITM
| Q1 26 | — | — | ||
| Q4 25 | $3.5B | $35.4B | ||
| Q3 25 | $3.5B | $32.2B | ||
| Q2 25 | $4.0B | $31.2B | ||
| Q1 25 | $4.0B | $32.2B | ||
| Q4 24 | $4.2B | $32.6B | ||
| Q3 24 | $4.2B | $29.6B | ||
| Q2 24 | $3.9B | $30.1B |
股东权益PRRITM
| Q1 26 | — | $9.1B | ||
| Q4 25 | $10.3B | $8.4B | ||
| Q3 25 | $10.0B | $8.5B | ||
| Q2 25 | $9.5B | $7.9B | ||
| Q1 25 | $9.4B | $7.8B | ||
| Q4 24 | $9.1B | $7.8B | ||
| Q3 24 | $9.0B | $7.7B | ||
| Q2 24 | $8.3B | $7.3B |
总资产PRRITM
| Q1 26 | — | $53.4B | ||
| Q4 25 | $17.9B | $53.1B | ||
| Q3 25 | $17.3B | $47.2B | ||
| Q2 25 | $17.5B | $44.3B | ||
| Q1 25 | $17.1B | $45.3B | ||
| Q4 24 | $16.9B | $46.0B | ||
| Q3 24 | $16.6B | $42.3B | ||
| Q2 24 | $15.4B | $42.0B |
负债/权益比PRRITM
| Q1 26 | — | — | ||
| Q4 25 | 0.34× | 4.20× | ||
| Q3 25 | 0.35× | 3.79× | ||
| Q2 25 | 0.42× | 3.92× | ||
| Q1 25 | 0.43× | 4.14× | ||
| Q4 24 | 0.46× | 4.18× | ||
| Q3 24 | 0.47× | 3.87× | ||
| Q2 24 | 0.46× | 4.10× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 2.66× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流PRRITM
| Q1 26 | — | — | ||
| Q4 25 | $904.3M | $-114.6M | ||
| Q3 25 | $766.5M | $-2.0B | ||
| Q2 25 | $1.0B | $-557.1M | ||
| Q1 25 | $898.0M | $1.4B | ||
| Q4 24 | $871.6M | $-1.8B | ||
| Q3 24 | $954.4M | $768.1M | ||
| Q2 24 | $938.4M | $-55.7M |
现金转化率PRRITM
| Q1 26 | — | — | ||
| Q4 25 | 2.66× | -1.35× | ||
| Q3 25 | 12.94× | -9.22× | ||
| Q2 25 | 5.01× | -1.79× | ||
| Q1 25 | 2.73× | 18.03× | ||
| Q4 24 | 4.02× | -6.04× | ||
| Q3 24 | 2.47× | 6.31× | ||
| Q2 24 | 3.99× | -0.24× |
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% |
RITM
| Servicing revenue, net | $375.1M | 45% |
| Other | $234.9M | 28% |
| Gain on originated residential mortgage loans, held-for-sale, net | $195.0M | 24% |
| Other revenue | $23.3M | 3% |
