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先锋自然资源公司（PR）与Toast, Inc.（TOST）财务数据对比。点击上方公司名可切换其他公司
Toast, Inc.的季度营收约是先锋自然资源公司的1.4倍（$1.6B vs $1.2B），先锋自然资源公司净利率更高（29.0% vs 6.2%，领先22.8%），Toast, Inc.同比增速更快（22.0% vs -9.8%），过去两年Toast, Inc.的营收复合增速更高（23.3% 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。
Toast, Inc.是总部位于美国马萨诸塞州波士顿的云餐饮管理软件企业，主打基于安卓操作系统研发的一体化销售点（POS）系统，可为餐饮商家提供涵盖收银、订单管理等在内的全场景门店经营解决方案。
PR vs TOST — 直观对比
营收规模更大
TOST
是对方的1.4倍
$1.2B
营收增速更快
TOST
高出31.8%
-9.8%
净利率更高
PR
高出22.8%
6.2%
两年增速更快
TOST
近两年复合增速
-3.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.6B |
| 净利润 | $339.5M | $101.0M |
| 毛利率 | — | 25.9% |
| 营业利润率 | 23.1% | 5.2% |
| 净利率 | 29.0% | 6.2% |
| 营收同比 | -9.8% | 22.0% |
| 净利润同比 | 56.7% | 215.6% |
| 每股收益（稀释后） | $0.48 | $0.18 |
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PRTOST
| Q4 25 | $1.2B | $1.6B | ||
| Q3 25 | $1.3B | $1.6B | ||
| Q2 25 | $1.2B | $1.6B | ||
| Q1 25 | $1.4B | $1.3B | ||
| Q4 24 | $1.3B | $1.3B | ||
| Q3 24 | $1.2B | $1.3B | ||
| Q2 24 | $1.2B | $1.2B | ||
| Q1 24 | $1.2B | $1.1B |
净利润PRTOST
| Q4 25 | $339.5M | $101.0M | ||
| Q3 25 | $59.2M | $105.0M | ||
| Q2 25 | $207.1M | $80.0M | ||
| Q1 25 | $329.3M | $56.0M | ||
| Q4 24 | $216.7M | $32.0M | ||
| Q3 24 | $386.4M | $56.0M | ||
| Q2 24 | $235.1M | $14.0M | ||
| Q1 24 | $146.6M | $-83.0M |
毛利率PRTOST
| Q4 25 | — | 25.9% | ||
| Q3 25 | — | 26.5% | ||
| Q2 25 | — | 25.3% | ||
| Q1 25 | — | 25.9% | ||
| Q4 24 | — | 24.9% | ||
| Q3 24 | — | 24.7% | ||
| Q2 24 | — | 23.0% | ||
| Q1 24 | — | 23.2% |
营业利润率PRTOST
| Q4 25 | 23.1% | 5.2% | ||
| Q3 25 | 29.6% | 5.1% | ||
| Q2 25 | 24.8% | 5.2% | ||
| Q1 25 | 36.6% | 3.2% | ||
| Q4 24 | 32.8% | 2.5% | ||
| Q3 24 | 32.5% | 2.6% | ||
| Q2 24 | 36.5% | 0.4% | ||
| Q1 24 | 37.7% | -5.2% |
净利率PRTOST
| Q4 25 | 29.0% | 6.2% | ||
| Q3 25 | 4.5% | 6.4% | ||
| Q2 25 | 17.3% | 5.2% | ||
| Q1 25 | 23.9% | 4.2% | ||
| Q4 24 | 16.7% | 2.4% | ||
| Q3 24 | 31.8% | 4.3% | ||
| Q2 24 | 18.9% | 1.1% | ||
| Q1 24 | 11.8% | -7.7% |
每股收益（稀释后）PRTOST
| Q4 25 | $0.48 | $0.18 | ||
| Q3 25 | $0.08 | $0.16 | ||
| Q2 25 | $0.28 | $0.13 | ||
| Q1 25 | $0.44 | $0.09 | ||
| Q4 24 | $0.31 | $0.09 | ||
| Q3 24 | $0.53 | $0.07 | ||
| Q2 24 | $0.36 | $0.02 | ||
| Q1 24 | $0.25 | $-0.15 |
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 | $1.4B |
| 总债务越低越好 | $3.5B | — |
| 股东权益账面价值 | $10.3B | $2.1B |
| 总资产 | $17.9B | $3.1B |
| 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PRTOST
| Q4 25 | $153.7M | $1.4B | ||
| Q3 25 | $111.8M | $1.4B | ||
| Q2 25 | $451.0M | $1.2B | ||
| Q1 25 | $702.2M | $1.0B | ||
| Q4 24 | $479.3M | $903.0M | ||
| Q3 24 | $272.0M | $761.0M | ||
| Q2 24 | $47.8M | $691.0M | ||
| Q1 24 | $12.7M | $578.0M |
总债务PRTOST
| 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PRTOST
| Q4 25 | $10.3B | $2.1B | ||
| Q3 25 | $10.0B | $2.0B | ||
| Q2 25 | $9.5B | $1.8B | ||
| Q1 25 | $9.4B | $1.7B | ||
| Q4 24 | $9.1B | $1.5B | ||
| Q3 24 | $9.0B | $1.4B | ||
| Q2 24 | $8.3B | $1.3B | ||
| Q1 24 | $7.0B | $1.2B |
总资产PRTOST
| Q4 25 | $17.9B | $3.1B | ||
| Q3 25 | $17.3B | $3.0B | ||
| Q2 25 | $17.5B | $2.8B | ||
| Q1 25 | $17.1B | $2.6B | ||
| Q4 24 | $16.9B | $2.4B | ||
| Q3 24 | $16.6B | $2.2B | ||
| Q2 24 | $15.4B | $2.2B | ||
| Q1 24 | $15.1B | $2.1B |
负债/权益比PRTOST
| 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 | $194.0M |
| 自由现金流经营现金流 - 资本支出 | — | $178.0M |
| 自由现金流率自由现金流/营收 | — | 10.9% |
| 资本支出强度资本支出/营收 | — | 1.0% |
| 现金转化率经营现金流/净利润 | 2.66× | 1.92× |
| 过去12个月自由现金流最近4个季度 | — | $608.0M |
8季度趋势，按日历期对齐
经营现金流PRTOST
| Q4 25 | $904.3M | $194.0M | ||
| Q3 25 | $766.5M | $165.0M | ||
| Q2 25 | $1.0B | $223.0M | ||
| Q1 25 | $898.0M | $79.0M | ||
| Q4 24 | $871.6M | $147.0M | ||
| Q3 24 | $954.4M | $109.0M | ||
| Q2 24 | $938.4M | $124.0M | ||
| Q1 24 | $647.6M | $-20.0M |
自由现金流PRTOST
| Q4 25 | — | $178.0M | ||
| Q3 25 | — | $153.0M | ||
| Q2 25 | — | $208.0M | ||
| Q1 25 | — | $69.0M | ||
| Q4 24 | — | $134.0M | ||
| Q3 24 | — | $97.0M | ||
| Q2 24 | — | $108.0M | ||
| Q1 24 | — | $-33.0M |
自由现金流率PRTOST
| Q4 25 | — | 10.9% | ||
| Q3 25 | — | 9.4% | ||
| Q2 25 | — | 13.4% | ||
| Q1 25 | — | 5.2% | ||
| Q4 24 | — | 10.0% | ||
| Q3 24 | — | 7.4% | ||
| Q2 24 | — | 8.7% | ||
| Q1 24 | — | -3.1% |
资本支出强度PRTOST
| Q4 25 | — | 1.0% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 1.3% | ||
| Q1 24 | — | 1.2% |
现金转化率PRTOST
| Q4 25 | 2.66× | 1.92× | ||
| Q3 25 | 12.94× | 1.57× | ||
| Q2 25 | 5.01× | 2.79× | ||
| Q1 25 | 2.73× | 1.41× | ||
| Q4 24 | 4.02× | 4.59× | ||
| Q3 24 | 2.47× | 1.95× | ||
| Q2 24 | 3.99× | 8.86× | ||
| 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% |
TOST
| Technology Service | $1.3B | 82% |
| License | $256.0M | 16% |
| Product And Professional Services | $43.0M | 3% |
