vs
先锋自然资源公司（PR）与STERLING INFRASTRUCTURE, INC.（STRL）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STERLING INFRASTRUCTURE, INC.的1.5倍（$1.2B vs $755.6M），先锋自然资源公司净利率更高（29.0% vs 11.6%，领先17.4%），STERLING INFRASTRUCTURE, INC.同比增速更快（51.5% vs -9.8%），过去两年STERLING INFRASTRUCTURE, INC.的营收复合增速更高（31.0% 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。
本公司是总部位于印度马哈拉施特拉邦孟买的跨国工程总承包（EPC）企业，业务覆盖可再生能源、数据中心、柴油发电、机电水暖（MEP）服务等多个领域，已在全球三十余个国家交付项目，执行团队遍布亚洲、中东、非洲、欧洲及澳大利亚。
PR vs STRL — 直观对比
营收规模更大
PR
是对方的1.5倍
$755.6M
营收增速更快
STRL
高出61.3%
-9.8%
净利率更高
PR
高出17.4%
11.6%
两年增速更快
STRL
近两年复合增速
-3.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $755.6M |
| 净利润 | $339.5M | $87.6M |
| 毛利率 | — | 21.7% |
| 营业利润率 | 23.1% | 15.9% |
| 净利率 | 29.0% | 11.6% |
| 营收同比 | -9.8% | 51.5% |
| 净利润同比 | 56.7% | -22.6% |
| 每股收益（稀释后） | $0.48 | $2.82 |
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PRSTRL
| Q4 25 | $1.2B | $755.6M | ||
| Q3 25 | $1.3B | $689.0M | ||
| Q2 25 | $1.2B | $614.5M | ||
| Q1 25 | $1.4B | $430.9M | ||
| Q4 24 | $1.3B | $498.8M | ||
| Q3 24 | $1.2B | $593.7M | ||
| Q2 24 | $1.2B | $582.8M | ||
| Q1 24 | $1.2B | $440.4M |
净利润PRSTRL
| Q4 25 | $339.5M | $87.6M | ||
| Q3 25 | $59.2M | $92.1M | ||
| Q2 25 | $207.1M | $71.0M | ||
| Q1 25 | $329.3M | $39.5M | ||
| Q4 24 | $216.7M | $113.2M | ||
| Q3 24 | $386.4M | $61.3M | ||
| Q2 24 | $235.1M | $51.9M | ||
| Q1 24 | $146.6M | $31.0M |
毛利率PRSTRL
| Q4 25 | — | 21.7% | ||
| Q3 25 | — | 24.7% | ||
| Q2 25 | — | 23.3% | ||
| Q1 25 | — | 22.0% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | — | 21.9% | ||
| Q2 24 | — | 19.3% | ||
| Q1 24 | — | 17.5% |
营业利润率PRSTRL
| Q4 25 | 23.1% | 15.9% | ||
| Q3 25 | 29.6% | 18.2% | ||
| Q2 25 | 24.8% | 17.0% | ||
| Q1 25 | 36.6% | 13.0% | ||
| Q4 24 | 32.8% | 12.5% | ||
| Q3 24 | 32.5% | 14.7% | ||
| Q2 24 | 36.5% | 12.5% | ||
| Q1 24 | 37.7% | 9.6% |
净利率PRSTRL
| Q4 25 | 29.0% | 11.6% | ||
| Q3 25 | 4.5% | 13.4% | ||
| Q2 25 | 17.3% | 11.6% | ||
| Q1 25 | 23.9% | 9.2% | ||
| Q4 24 | 16.7% | 22.7% | ||
| Q3 24 | 31.8% | 10.3% | ||
| Q2 24 | 18.9% | 8.9% | ||
| Q1 24 | 11.8% | 7.1% |
每股收益（稀释后）PRSTRL
| Q4 25 | $0.48 | $2.82 | ||
| Q3 25 | $0.08 | $2.97 | ||
| Q2 25 | $0.28 | $2.31 | ||
| Q1 25 | $0.44 | $1.28 | ||
| Q4 24 | $0.31 | $3.63 | ||
| Q3 24 | $0.53 | $1.97 | ||
| Q2 24 | $0.36 | $1.67 | ||
| Q1 24 | $0.25 | $1.00 |
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 | $390.7M |
| 总债务越低越好 | $3.5B | — |
| 股东权益账面价值 | $10.3B | $1.1B |
| 总资产 | $17.9B | $2.6B |
| 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PRSTRL
| Q4 25 | $153.7M | $390.7M | ||
| Q3 25 | $111.8M | $306.4M | ||
| Q2 25 | $451.0M | $699.4M | ||
| Q1 25 | $702.2M | $638.6M | ||
| Q4 24 | $479.3M | $664.2M | ||
| Q3 24 | $272.0M | $648.1M | ||
| Q2 24 | $47.8M | $540.0M | ||
| Q1 24 | $12.7M | $480.4M |
总债务PRSTRL
| 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PRSTRL
| Q4 25 | $10.3B | $1.1B | ||
| Q3 25 | $10.0B | $1.1B | ||
| Q2 25 | $9.5B | $881.7M | ||
| Q1 25 | $9.4B | $805.4M | ||
| Q4 24 | $9.1B | $808.1M | ||
| Q3 24 | $9.0B | $716.5M | ||
| Q2 24 | $8.3B | $670.7M | ||
| Q1 24 | $7.0B | $644.6M |
总资产PRSTRL
| Q4 25 | $17.9B | $2.6B | ||
| Q3 25 | $17.3B | $2.6B | ||
| Q2 25 | $17.5B | $2.2B | ||
| Q1 25 | $17.1B | $2.0B | ||
| Q4 24 | $16.9B | $2.0B | ||
| Q3 24 | $16.6B | $2.0B | ||
| Q2 24 | $15.4B | $2.0B | ||
| Q1 24 | $15.1B | $1.8B |
负债/权益比PRSTRL
| 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 | $186.1M |
| 自由现金流经营现金流 - 资本支出 | — | $159.7M |
| 自由现金流率自由现金流/营收 | — | 21.1% |
| 资本支出强度资本支出/营收 | — | 3.5% |
| 现金转化率经营现金流/净利润 | 2.66× | 2.12× |
| 过去12个月自由现金流最近4个季度 | — | $362.7M |
8季度趋势，按日历期对齐
经营现金流PRSTRL
| Q4 25 | $904.3M | $186.1M | ||
| Q3 25 | $766.5M | $83.6M | ||
| Q2 25 | $1.0B | $85.4M | ||
| Q1 25 | $898.0M | $84.9M | ||
| Q4 24 | $871.6M | $174.3M | ||
| Q3 24 | $954.4M | $152.3M | ||
| Q2 24 | $938.4M | $121.0M | ||
| Q1 24 | $647.6M | $49.6M |
自由现金流PRSTRL
| Q4 25 | — | $159.7M | ||
| Q3 25 | — | $64.0M | ||
| Q2 25 | — | $72.1M | ||
| Q1 25 | — | $67.0M | ||
| Q4 24 | — | $158.6M | ||
| Q3 24 | — | $138.3M | ||
| Q2 24 | — | $92.1M | ||
| Q1 24 | — | $27.2M |
自由现金流率PRSTRL
| Q4 25 | — | 21.1% | ||
| Q3 25 | — | 9.3% | ||
| Q2 25 | — | 11.7% | ||
| Q1 25 | — | 15.5% | ||
| Q4 24 | — | 31.8% | ||
| Q3 24 | — | 23.3% | ||
| Q2 24 | — | 15.8% | ||
| Q1 24 | — | 6.2% |
资本支出强度PRSTRL
| Q4 25 | — | 3.5% | ||
| Q3 25 | — | 2.9% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 4.2% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | — | 2.4% | ||
| Q2 24 | — | 5.0% | ||
| Q1 24 | — | 5.1% |
现金转化率PRSTRL
| Q4 25 | 2.66× | 2.12× | ||
| Q3 25 | 12.94× | 0.91× | ||
| Q2 25 | 5.01× | 1.20× | ||
| Q1 25 | 2.73× | 2.15× | ||
| Q4 24 | 4.02× | 1.54× | ||
| Q3 24 | 2.47× | 2.48× | ||
| Q2 24 | 3.99× | 2.33× | ||
| Q1 24 | 4.42× | 1.60× |
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% |
STRL
| Lump Sum | $464.9M | 62% |
| Heavy Highway | $99.6M | 13% |
| Residential Construction | $70.4M | 9% |
| Road And Highway Builders LLC | $52.4M | 7% |
| Other Revenue | $36.6M | 5% |
| Aviation | $16.6M | 2% |
| Commercial | $11.4M | 2% |
| Related Party | $600.0K | 0% |
