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先锋自然资源公司（PR）与TEREX CORP（TEX）财务数据对比。点击上方公司名可切换其他公司
TEREX CORP的季度营收约是先锋自然资源公司的1.1倍（$1.3B vs $1.2B），先锋自然资源公司净利率更高（29.0% vs 4.8%，领先24.3%），TEREX CORP同比增速更快（6.2% vs -9.8%），过去两年TEREX CORP的营收复合增速更高（1.0% 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。
特雷克斯公司是美国知名的设备制造企业，业务遍布美洲、欧洲、澳大利亚及亚太地区，主营物料加工机械、废弃物回收处理设备、移动式高空作业平台，以及电力行业专用设备，为全球多领域客户提供专业解决方案。
PR vs TEX — 直观对比
营收规模更大
TEX
是对方的1.1倍
$1.2B
营收增速更快
TEX
高出16.0%
-9.8%
净利率更高
PR
高出24.3%
4.8%
两年增速更快
TEX
近两年复合增速
-3.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.3B |
| 净利润 | $339.5M | $63.0M |
| 毛利率 | — | 18.8% |
| 营业利润率 | 23.1% | 10.4% |
| 净利率 | 29.0% | 4.8% |
| 营收同比 | -9.8% | 6.2% |
| 净利润同比 | 56.7% | 2963.6% |
| 每股收益（稀释后） | $0.48 | $0.95 |
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PRTEX
| Q4 25 | $1.2B | $1.3B | ||
| Q3 25 | $1.3B | $1.4B | ||
| Q2 25 | $1.2B | $1.5B | ||
| Q1 25 | $1.4B | $1.2B | ||
| Q4 24 | $1.3B | $1.2B | ||
| Q3 24 | $1.2B | $1.2B | ||
| Q2 24 | $1.2B | $1.4B | ||
| Q1 24 | $1.2B | $1.3B |
净利润PRTEX
| Q4 25 | $339.5M | $63.0M | ||
| Q3 25 | $59.2M | $65.0M | ||
| Q2 25 | $207.1M | $72.0M | ||
| Q1 25 | $329.3M | $21.0M | ||
| Q4 24 | $216.7M | $-2.2M | ||
| Q3 24 | $386.4M | $88.0M | ||
| Q2 24 | $235.1M | $140.7M | ||
| Q1 24 | $146.6M | $108.5M |
毛利率PRTEX
| Q4 25 | — | 18.8% | ||
| Q3 25 | — | 20.3% | ||
| Q2 25 | — | 19.6% | ||
| Q1 25 | — | 18.7% | ||
| Q4 24 | — | 15.9% | ||
| Q3 24 | — | 20.2% | ||
| Q2 24 | — | 23.8% | ||
| Q1 24 | — | 23.0% |
营业利润率PRTEX
| Q4 25 | 23.1% | 10.4% | ||
| Q3 25 | 29.6% | 10.1% | ||
| Q2 25 | 24.8% | 8.7% | ||
| Q1 25 | 36.6% | 5.6% | ||
| Q4 24 | 32.8% | 4.2% | ||
| Q3 24 | 32.5% | 10.1% | ||
| Q2 24 | 36.5% | 14.0% | ||
| Q1 24 | 37.7% | 12.2% |
净利率PRTEX
| Q4 25 | 29.0% | 4.8% | ||
| Q3 25 | 4.5% | 4.7% | ||
| Q2 25 | 17.3% | 4.8% | ||
| Q1 25 | 23.9% | 1.7% | ||
| Q4 24 | 16.7% | -0.2% | ||
| Q3 24 | 31.8% | 7.3% | ||
| Q2 24 | 18.9% | 10.2% | ||
| Q1 24 | 11.8% | 8.4% |
每股收益（稀释后）PRTEX
| Q4 25 | $0.48 | $0.95 | ||
| Q3 25 | $0.08 | $0.98 | ||
| Q2 25 | $0.28 | $1.09 | ||
| Q1 25 | $0.44 | $0.31 | ||
| Q4 24 | $0.31 | $-0.03 | ||
| Q3 24 | $0.53 | $1.31 | ||
| Q2 24 | $0.36 | $2.08 | ||
| Q1 24 | $0.25 | $1.60 |
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 | $772.0M |
| 总债务越低越好 | $3.5B | $2.6B |
| 股东权益账面价值 | $10.3B | $2.1B |
| 总资产 | $17.9B | $6.1B |
| 负债/权益比越低杠杆越低 | 0.34× | 1.23× |
8季度趋势，按日历期对齐
现金及短期投资PRTEX
| Q4 25 | $153.7M | $772.0M | ||
| Q3 25 | $111.8M | $509.0M | ||
| Q2 25 | $451.0M | $374.0M | ||
| Q1 25 | $702.2M | $298.0M | ||
| Q4 24 | $479.3M | $388.0M | ||
| Q3 24 | $272.0M | $352.0M | ||
| Q2 24 | $47.8M | $319.3M | ||
| Q1 24 | $12.7M | $364.9M |
总债务PRTEX
| Q4 25 | $3.5B | $2.6B | ||
| Q3 25 | $3.5B | — | ||
| Q2 25 | $4.0B | — | ||
| Q1 25 | $4.0B | — | ||
| Q4 24 | $4.2B | $2.6B | ||
| Q3 24 | $4.2B | — | ||
| Q2 24 | $3.9B | — | ||
| Q1 24 | $3.9B | — |
股东权益PRTEX
| Q4 25 | $10.3B | $2.1B | ||
| Q3 25 | $10.0B | $2.0B | ||
| Q2 25 | $9.5B | $2.0B | ||
| Q1 25 | $9.4B | $1.8B | ||
| Q4 24 | $9.1B | $1.8B | ||
| Q3 24 | $9.0B | $2.0B | ||
| Q2 24 | $8.3B | $1.8B | ||
| Q1 24 | $7.0B | $1.7B |
总资产PRTEX
| Q4 25 | $17.9B | $6.1B | ||
| Q3 25 | $17.3B | $6.2B | ||
| Q2 25 | $17.5B | $6.2B | ||
| Q1 25 | $17.1B | $5.8B | ||
| Q4 24 | $16.9B | $5.7B | ||
| Q3 24 | $16.6B | $3.8B | ||
| Q2 24 | $15.4B | $3.8B | ||
| Q1 24 | $15.1B | $3.8B |
负债/权益比PRTEX
| Q4 25 | 0.34× | 1.23× | ||
| Q3 25 | 0.35× | — | ||
| Q2 25 | 0.42× | — | ||
| Q1 25 | 0.43× | — | ||
| Q4 24 | 0.46× | 1.41× | ||
| 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 | $205.0M |
| 自由现金流经营现金流 - 资本支出 | — | $171.0M |
| 自由现金流率自由现金流/营收 | — | 13.0% |
| 资本支出强度资本支出/营收 | — | 2.6% |
| 现金转化率经营现金流/净利润 | 2.66× | 3.25× |
| 过去12个月自由现金流最近4个季度 | — | $322.0M |
8季度趋势，按日历期对齐
经营现金流PRTEX
| Q4 25 | $904.3M | $205.0M | ||
| Q3 25 | $766.5M | $154.0M | ||
| Q2 25 | $1.0B | $102.0M | ||
| Q1 25 | $898.0M | $-21.0M | ||
| Q4 24 | $871.6M | $177.0M | ||
| Q3 24 | $954.4M | $116.4M | ||
| Q2 24 | $938.4M | $66.5M | ||
| Q1 24 | $647.6M | $-33.9M |
自由现金流PRTEX
| Q4 25 | — | $171.0M | ||
| Q3 25 | — | $130.0M | ||
| Q2 25 | — | $78.0M | ||
| Q1 25 | — | $-57.0M | ||
| Q4 24 | — | $128.0M | ||
| Q3 24 | — | $87.4M | ||
| Q2 24 | — | $42.5M | ||
| Q1 24 | — | $-68.9M |
自由现金流率PRTEX
| Q4 25 | — | 13.0% | ||
| Q3 25 | — | 9.4% | ||
| Q2 25 | — | 5.2% | ||
| Q1 25 | — | -4.6% | ||
| Q4 24 | — | 10.3% | ||
| Q3 24 | — | 7.2% | ||
| Q2 24 | — | 3.1% | ||
| Q1 24 | — | -5.3% |
资本支出强度PRTEX
| Q4 25 | — | 2.6% | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | — | 1.6% | ||
| Q1 25 | — | 2.9% | ||
| Q4 24 | — | 3.9% | ||
| Q3 24 | — | 2.4% | ||
| Q2 24 | — | 1.7% | ||
| Q1 24 | — | 2.7% |
现金转化率PRTEX
| Q4 25 | 2.66× | 3.25× | ||
| Q3 25 | 12.94× | 2.37× | ||
| Q2 25 | 5.01× | 1.42× | ||
| Q1 25 | 2.73× | -1.00× | ||
| Q4 24 | 4.02× | — | ||
| Q3 24 | 2.47× | 1.32× | ||
| Q2 24 | 3.99× | 0.47× | ||
| Q1 24 | 4.42× | -0.31× |
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% |
TEX
| Aerials Segment | $466.0M | 35% |
| Materials Processing Segment | $428.0M | 32% |
| Materials Processing Equipment | $279.0M | 21% |
| Specialty Equipment | $148.0M | 11% |
