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先锋自然资源公司（PR）与Tri Pointe Homes, Inc.（TPH）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Tri Pointe Homes, Inc.的1.2倍（$1.2B vs $972.6M），先锋自然资源公司净利率更高（29.0% vs 6.2%，领先22.8%），先锋自然资源公司同比增速更快（-9.8% vs -22.4%），过去两年Tri Pointe Homes, Inc.的营收复合增速更高（1.8% 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。
Tri Pointe Homes, Inc.是总部位于美国内华达州inclinet村的住宅建筑企业，为购房者提供融资及保险服务，业务覆盖亚利桑那、加利福尼亚、内华达、华盛顿、科罗拉多、得克萨斯、哥伦比亚特区、马里兰、北卡罗来纳、南卡罗来纳、弗吉尼亚等地区，按房屋交付量计算是美国第18大住宅建筑商。
PR vs TPH — 直观对比
营收规模更大
PR
是对方的1.2倍
$972.6M
营收增速更快
PR
高出12.7%
-22.4%
净利率更高
PR
高出22.8%
6.2%
两年增速更快
TPH
近两年复合增速
-3.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $972.6M |
| 净利润 | $339.5M | $60.2M |
| 毛利率 | — | — |
| 营业利润率 | 23.1% | 8.1% |
| 净利率 | 29.0% | 6.2% |
| 营收同比 | -9.8% | -22.4% |
| 净利润同比 | 56.7% | -53.4% |
| 每股收益（稀释后） | $0.48 | $0.70 |
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PRTPH
| Q4 25 | $1.2B | $972.6M | ||
| Q3 25 | $1.3B | $854.7M | ||
| Q2 25 | $1.2B | $902.4M | ||
| Q1 25 | $1.4B | $740.9M | ||
| Q4 24 | $1.3B | $1.3B | ||
| Q3 24 | $1.2B | $1.1B | ||
| Q2 24 | $1.2B | $1.2B | ||
| Q1 24 | $1.2B | $939.4M |
净利润PRTPH
| Q4 25 | $339.5M | $60.2M | ||
| Q3 25 | $59.2M | $56.1M | ||
| Q2 25 | $207.1M | $60.7M | ||
| Q1 25 | $329.3M | $64.0M | ||
| Q4 24 | $216.7M | $129.2M | ||
| Q3 24 | $386.4M | $111.8M | ||
| Q2 24 | $235.1M | $118.0M | ||
| Q1 24 | $146.6M | $99.1M |
营业利润率PRTPH
| Q4 25 | 23.1% | 8.1% | ||
| Q3 25 | 29.6% | 8.1% | ||
| Q2 25 | 24.8% | 8.5% | ||
| Q1 25 | 36.6% | 10.4% | ||
| Q4 24 | 32.8% | 13.4% | ||
| Q3 24 | 32.5% | 12.6% | ||
| Q2 24 | 36.5% | 12.9% | ||
| Q1 24 | 37.7% | 12.3% |
净利率PRTPH
| Q4 25 | 29.0% | 6.2% | ||
| Q3 25 | 4.5% | 6.6% | ||
| Q2 25 | 17.3% | 6.7% | ||
| Q1 25 | 23.9% | 8.6% | ||
| Q4 24 | 16.7% | 10.3% | ||
| Q3 24 | 31.8% | 9.8% | ||
| Q2 24 | 18.9% | 10.2% | ||
| Q1 24 | 11.8% | 10.5% |
每股收益（稀释后）PRTPH
| Q4 25 | $0.48 | $0.70 | ||
| Q3 25 | $0.08 | $0.64 | ||
| Q2 25 | $0.28 | $0.68 | ||
| Q1 25 | $0.44 | $0.70 | ||
| Q4 24 | $0.31 | $1.37 | ||
| Q3 24 | $0.53 | $1.18 | ||
| Q2 24 | $0.36 | $1.25 | ||
| Q1 24 | $0.25 | $1.03 |
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 | $982.8M |
| 总债务越低越好 | $3.5B | — |
| 股东权益账面价值 | $10.3B | $3.3B |
| 总资产 | $17.9B | $5.0B |
| 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PRTPH
| Q4 25 | $153.7M | $982.8M | ||
| Q3 25 | $111.8M | $792.0M | ||
| Q2 25 | $451.0M | $622.6M | ||
| Q1 25 | $702.2M | $812.9M | ||
| Q4 24 | $479.3M | $970.0M | ||
| Q3 24 | $272.0M | $676.0M | ||
| Q2 24 | $47.8M | $492.9M | ||
| Q1 24 | $12.7M | $944.0M |
总债务PRTPH
| Q4 25 | $3.5B | — | ||
| Q3 25 | $3.5B | — | ||
| Q2 25 | $4.0B | — | ||
| Q1 25 | $4.0B | — | ||
| Q4 24 | $4.2B | $646.5M | ||
| Q3 24 | $4.2B | — | ||
| Q2 24 | $3.9B | — | ||
| Q1 24 | $3.9B | — |
股东权益PRTPH
| Q4 25 | $10.3B | $3.3B | ||
| Q3 25 | $10.0B | $3.3B | ||
| Q2 25 | $9.5B | $3.3B | ||
| Q1 25 | $9.4B | $3.3B | ||
| Q4 24 | $9.1B | $3.3B | ||
| Q3 24 | $9.0B | $3.2B | ||
| Q2 24 | $8.3B | $3.1B | ||
| Q1 24 | $7.0B | $3.0B |
总资产PRTPH
| Q4 25 | $17.9B | $5.0B | ||
| Q3 25 | $17.3B | $5.0B | ||
| Q2 25 | $17.5B | $4.8B | ||
| Q1 25 | $17.1B | $4.8B | ||
| Q4 24 | $16.9B | $4.9B | ||
| Q3 24 | $16.6B | $4.8B | ||
| Q2 24 | $15.4B | $4.6B | ||
| Q1 24 | $15.1B | $5.0B |
负债/权益比PRTPH
| Q4 25 | 0.34× | — | ||
| Q3 25 | 0.35× | — | ||
| Q2 25 | 0.42× | — | ||
| Q1 25 | 0.43× | — | ||
| Q4 24 | 0.46× | 0.19× | ||
| 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 | $221.0M |
| 自由现金流经营现金流 - 资本支出 | — | $213.2M |
| 自由现金流率自由现金流/营收 | — | 21.9% |
| 资本支出强度资本支出/营收 | — | 0.8% |
| 现金转化率经营现金流/净利润 | 2.66× | 3.67× |
| 过去12个月自由现金流最近4个季度 | — | $128.5M |
8季度趋势，按日历期对齐
经营现金流PRTPH
| Q4 25 | $904.3M | $221.0M | ||
| Q3 25 | $766.5M | $45.9M | ||
| Q2 25 | $1.0B | $-74.3M | ||
| Q1 25 | $898.0M | $-31.2M | ||
| Q4 24 | $871.6M | $360.3M | ||
| Q3 24 | $954.4M | $167.9M | ||
| Q2 24 | $938.4M | $23.1M | ||
| Q1 24 | $647.6M | $144.7M |
自由现金流PRTPH
| Q4 25 | — | $213.2M | ||
| Q3 25 | — | $39.1M | ||
| Q2 25 | — | $-84.5M | ||
| Q1 25 | — | $-39.3M | ||
| Q4 24 | — | $355.9M | ||
| Q3 24 | — | $161.5M | ||
| Q2 24 | — | $17.0M | ||
| Q1 24 | — | $138.3M |
自由现金流率PRTPH
| Q4 25 | — | 21.9% | ||
| Q3 25 | — | 4.6% | ||
| Q2 25 | — | -9.4% | ||
| Q1 25 | — | -5.3% | ||
| Q4 24 | — | 28.4% | ||
| Q3 24 | — | 14.1% | ||
| Q2 24 | — | 1.5% | ||
| Q1 24 | — | 14.7% |
资本支出强度PRTPH
| Q4 25 | — | 0.8% | ||
| Q3 25 | — | 0.8% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | — | 0.7% |
现金转化率PRTPH
| Q4 25 | 2.66× | 3.67× | ||
| Q3 25 | 12.94× | 0.82× | ||
| Q2 25 | 5.01× | -1.22× | ||
| Q1 25 | 2.73× | -0.49× | ||
| Q4 24 | 4.02× | 2.79× | ||
| Q3 24 | 2.47× | 1.50× | ||
| Q2 24 | 3.99× | 0.20× | ||
| Q1 24 | 4.42× | 1.46× |
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% |
TPH
| West | $547.8M | 56% |
| Central | $245.1M | 25% |
| East | $161.8M | 17% |
| Financial Services Segment | $18.0M | 2% |
| Land | $7.9M | 1% |
