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先锋自然资源公司（PR）与STEWART INFORMATION SERVICES CORP（STC）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STEWART INFORMATION SERVICES CORP的1.5倍（$1.2B vs $764.6M），先锋自然资源公司净利率更高（29.0% vs 2.2%，领先26.8%），STEWART INFORMATION SERVICES CORP同比增速更快（27.7% vs -9.8%），过去两年STEWART INFORMATION SERVICES CORP的营收复合增速更高（12.7% 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。
斯图尔特信息服务公司（STC）是一家主营房地产信息、产权保险及交易管理服务的企业，旗下全资子公司斯图尔特产权担保公司、斯图尔特产权公司通过直营网点、斯图尔特可信供应商网络内的独立代理机构及合作企业，为美国及全球市场提供相关产品与服务，总部位于得克萨斯州休斯敦，现有员工约6350人。
PR vs STC — 直观对比
营收规模更大
PR
是对方的1.5倍
$764.6M
营收增速更快
STC
高出37.4%
-9.8%
净利率更高
PR
高出26.8%
2.2%
两年增速更快
STC
近两年复合增速
-3.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $764.6M |
| 净利润 | $339.5M | $17.0M |
| 毛利率 | — | — |
| 营业利润率 | 23.1% | — |
| 净利率 | 29.0% | 2.2% |
| 营收同比 | -9.8% | 27.7% |
| 净利润同比 | 56.7% | 448.4% |
| 每股收益（稀释后） | $0.48 | — |
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PRSTC
| Q1 26 | — | $764.6M | ||
| Q4 25 | $1.2B | $790.6M | ||
| Q3 25 | $1.3B | $796.9M | ||
| Q2 25 | $1.2B | $722.2M | ||
| Q1 25 | $1.4B | $612.0M | ||
| Q4 24 | $1.3B | $665.9M | ||
| Q3 24 | $1.2B | $667.9M | ||
| Q2 24 | $1.2B | $602.2M |
净利润PRSTC
| Q1 26 | — | $17.0M | ||
| Q4 25 | $339.5M | $36.3M | ||
| Q3 25 | $59.2M | $44.3M | ||
| Q2 25 | $207.1M | $31.9M | ||
| Q1 25 | $329.3M | $3.1M | ||
| Q4 24 | $216.7M | $22.7M | ||
| Q3 24 | $386.4M | $30.1M | ||
| Q2 24 | $235.1M | $17.3M |
营业利润率PRSTC
| Q1 26 | — | — | ||
| Q4 25 | 23.1% | 6.5% | ||
| Q3 25 | 29.6% | 7.7% | ||
| Q2 25 | 24.8% | 6.5% | ||
| Q1 25 | 36.6% | 1.0% | ||
| Q4 24 | 32.8% | 5.3% | ||
| Q3 24 | 32.5% | 6.4% | ||
| Q2 24 | 36.5% | 4.8% |
净利率PRSTC
| Q1 26 | — | 2.2% | ||
| Q4 25 | 29.0% | 4.6% | ||
| Q3 25 | 4.5% | 5.6% | ||
| Q2 25 | 17.3% | 4.4% | ||
| Q1 25 | 23.9% | 0.5% | ||
| Q4 24 | 16.7% | 3.4% | ||
| Q3 24 | 31.8% | 4.5% | ||
| Q2 24 | 18.9% | 2.9% |
每股收益（稀释后）PRSTC
| Q1 26 | — | — | ||
| Q4 25 | $0.48 | $1.26 | ||
| Q3 25 | $0.08 | $1.55 | ||
| Q2 25 | $0.28 | $1.13 | ||
| Q1 25 | $0.44 | $0.11 | ||
| Q4 24 | $0.31 | $0.81 | ||
| Q3 24 | $0.53 | $1.07 | ||
| Q2 24 | $0.36 | $0.62 |
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 | $317.5M |
| 总债务越低越好 | $3.5B | — |
| 股东权益账面价值 | $10.3B | — |
| 总资产 | $17.9B | — |
| 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PRSTC
| Q1 26 | — | $317.5M | ||
| Q4 25 | $153.7M | $369.7M | ||
| Q3 25 | $111.8M | $233.2M | ||
| Q2 25 | $451.0M | $223.8M | ||
| Q1 25 | $702.2M | $194.2M | ||
| Q4 24 | $479.3M | $257.5M | ||
| Q3 24 | $272.0M | $228.7M | ||
| Q2 24 | $47.8M | $176.7M |
总债务PRSTC
| Q1 26 | — | — | ||
| Q4 25 | $3.5B | — | ||
| Q3 25 | $3.5B | — | ||
| Q2 25 | $4.0B | — | ||
| Q1 25 | $4.0B | — | ||
| Q4 24 | $4.2B | $445.8M | ||
| Q3 24 | $4.2B | — | ||
| Q2 24 | $3.9B | — |
股东权益PRSTC
| Q1 26 | — | — | ||
| Q4 25 | $10.3B | $1.6B | ||
| Q3 25 | $10.0B | $1.5B | ||
| Q2 25 | $9.5B | $1.4B | ||
| Q1 25 | $9.4B | $1.4B | ||
| Q4 24 | $9.1B | $1.4B | ||
| Q3 24 | $9.0B | $1.4B | ||
| Q2 24 | $8.3B | $1.4B |
总资产PRSTC
| Q1 26 | — | — | ||
| Q4 25 | $17.9B | $3.3B | ||
| Q3 25 | $17.3B | $2.8B | ||
| Q2 25 | $17.5B | $2.8B | ||
| Q1 25 | $17.1B | $2.7B | ||
| Q4 24 | $16.9B | $2.7B | ||
| Q3 24 | $16.6B | $2.7B | ||
| Q2 24 | $15.4B | $2.6B |
负债/权益比PRSTC
| Q1 26 | — | — | ||
| Q4 25 | 0.34× | — | ||
| Q3 25 | 0.35× | — | ||
| Q2 25 | 0.42× | — | ||
| Q1 25 | 0.43× | — | ||
| Q4 24 | 0.46× | 0.32× | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.46× | — |
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PRSTC
| Q1 26 | — | — | ||
| Q4 25 | $904.3M | $89.5M | ||
| Q3 25 | $766.5M | $92.6M | ||
| Q2 25 | $1.0B | $53.4M | ||
| Q1 25 | $898.0M | $-29.9M | ||
| Q4 24 | $871.6M | $68.0M | ||
| Q3 24 | $954.4M | $76.1M | ||
| Q2 24 | $938.4M | $21.1M |
自由现金流PRSTC
| Q1 26 | — | — | ||
| Q4 25 | — | $62.3M | ||
| Q3 25 | — | $73.6M | ||
| Q2 25 | — | $38.7M | ||
| Q1 25 | — | $-42.2M | ||
| Q4 24 | — | $55.6M | ||
| Q3 24 | — | $67.4M | ||
| Q2 24 | — | $11.9M |
自由现金流率PRSTC
| Q1 26 | — | — | ||
| Q4 25 | — | 7.9% | ||
| Q3 25 | — | 9.2% | ||
| Q2 25 | — | 5.4% | ||
| Q1 25 | — | -6.9% | ||
| Q4 24 | — | 8.4% | ||
| Q3 24 | — | 10.1% | ||
| Q2 24 | — | 2.0% |
资本支出强度PRSTC
| Q1 26 | — | — | ||
| Q4 25 | — | 3.4% | ||
| Q3 25 | — | 2.4% | ||
| Q2 25 | — | 2.0% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | — | 1.3% | ||
| Q2 24 | — | 1.5% |
现金转化率PRSTC
| Q1 26 | — | — | ||
| Q4 25 | 2.66× | 2.47× | ||
| Q3 25 | 12.94× | 2.09× | ||
| Q2 25 | 5.01× | 1.67× | ||
| Q1 25 | 2.73× | -9.73× | ||
| Q4 24 | 4.02× | 2.99× | ||
| Q3 24 | 2.47× | 2.53× | ||
| Q2 24 | 3.99× | 1.22× |
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% |
STC
| Agency title | $333.0M | 44% |
| Direct title | $270.2M | 35% |
| Real estate solutions | $161.4M | 21% |
