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先锋自然资源公司（PR）与Tyler Technologies（TYL）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Tyler Technologies的1.9倍（$1.2B vs $613.5M），先锋自然资源公司净利率更高（29.0% vs 13.2%，领先15.8%），Tyler Technologies同比增速更快（8.6% vs -9.8%），过去两年Tyler Technologies的营收复合增速更高（6.5% 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。
Tyler Technologies, Inc.是总部位于美国得克萨斯州普莱诺的科技企业，主营面向美国公共部门提供自研专有软件，目前在全美17个州设有办事处，另在加拿大安大略省多伦多市设有一处办公网点。
PR vs TYL — 直观对比
营收规模更大
PR
是对方的1.9倍
$613.5M
营收增速更快
TYL
高出18.3%
-9.8%
净利率更高
PR
高出15.8%
13.2%
两年增速更快
TYL
近两年复合增速
-3.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $613.5M |
| 净利润 | $339.5M | $81.2M |
| 毛利率 | — | 48.3% |
| 营业利润率 | 23.1% | 16.3% |
| 净利率 | 29.0% | 13.2% |
| 营收同比 | -9.8% | 8.6% |
| 净利润同比 | 56.7% | — |
| 每股收益（稀释后） | $0.48 | $1.88 |
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PRTYL
| Q1 26 | — | $613.5M | ||
| Q4 25 | $1.2B | $575.2M | ||
| Q3 25 | $1.3B | $595.9M | ||
| Q2 25 | $1.2B | $596.1M | ||
| Q1 25 | $1.4B | $565.2M | ||
| Q4 24 | $1.3B | $541.1M | ||
| Q3 24 | $1.2B | $543.3M | ||
| Q2 24 | $1.2B | $541.0M |
净利润PRTYL
| Q1 26 | — | $81.2M | ||
| Q4 25 | $339.5M | $65.5M | ||
| Q3 25 | $59.2M | $84.4M | ||
| Q2 25 | $207.1M | $84.6M | ||
| Q1 25 | $329.3M | $81.1M | ||
| Q4 24 | $216.7M | $65.2M | ||
| Q3 24 | $386.4M | $75.9M | ||
| Q2 24 | $235.1M | $67.7M |
毛利率PRTYL
| Q1 26 | — | 48.3% | ||
| Q4 25 | — | 45.5% | ||
| Q3 25 | — | 47.2% | ||
| Q2 25 | — | 45.8% | ||
| Q1 25 | — | 47.3% | ||
| Q4 24 | — | 43.8% | ||
| Q3 24 | — | 43.7% | ||
| Q2 24 | — | 44.0% |
营业利润率PRTYL
| Q1 26 | — | 16.3% | ||
| Q4 25 | 23.1% | 13.0% | ||
| Q3 25 | 29.6% | 16.4% | ||
| Q2 25 | 24.8% | 16.0% | ||
| Q1 25 | 36.6% | 15.8% | ||
| Q4 24 | 32.8% | 13.2% | ||
| Q3 24 | 32.5% | 15.2% | ||
| Q2 24 | 36.5% | 14.4% |
净利率PRTYL
| Q1 26 | — | 13.2% | ||
| Q4 25 | 29.0% | 11.4% | ||
| Q3 25 | 4.5% | 14.2% | ||
| Q2 25 | 17.3% | 14.2% | ||
| Q1 25 | 23.9% | 14.3% | ||
| Q4 24 | 16.7% | 12.1% | ||
| Q3 24 | 31.8% | 14.0% | ||
| Q2 24 | 18.9% | 12.5% |
每股收益（稀释后）PRTYL
| Q1 26 | — | $1.88 | ||
| Q4 25 | $0.48 | $1.50 | ||
| Q3 25 | $0.08 | $1.93 | ||
| Q2 25 | $0.28 | $1.93 | ||
| Q1 25 | $0.44 | $1.84 | ||
| Q4 24 | $0.31 | $1.48 | ||
| Q3 24 | $0.53 | $1.74 | ||
| Q2 24 | $0.36 | $1.57 |
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 | $346.4M |
| 总债务越低越好 | $3.5B | — |
| 股东权益账面价值 | $10.3B | $3.6B |
| 总资产 | $17.9B | $4.8B |
| 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PRTYL
| Q1 26 | — | $346.4M | ||
| Q4 25 | $153.7M | $1.1B | ||
| Q3 25 | $111.8M | $950.8M | ||
| Q2 25 | $451.0M | $892.3M | ||
| Q1 25 | $702.2M | $807.4M | ||
| Q4 24 | $479.3M | $768.0M | ||
| Q3 24 | $272.0M | $544.3M | ||
| Q2 24 | $47.8M | $258.0M |
总债务PRTYL
| Q1 26 | — | — | ||
| Q4 25 | $3.5B | $599.7M | ||
| Q3 25 | $3.5B | $599.2M | ||
| Q2 25 | $4.0B | $598.8M | ||
| Q1 25 | $4.0B | $598.4M | ||
| Q4 24 | $4.2B | $597.9M | ||
| Q3 24 | $4.2B | $597.5M | ||
| Q2 24 | $3.9B | $597.1M |
股东权益PRTYL
| Q1 26 | — | $3.6B | ||
| Q4 25 | $10.3B | $3.7B | ||
| Q3 25 | $10.0B | $3.6B | ||
| Q2 25 | $9.5B | $3.6B | ||
| Q1 25 | $9.4B | $3.5B | ||
| Q4 24 | $9.1B | $3.4B | ||
| Q3 24 | $9.0B | $3.3B | ||
| Q2 24 | $8.3B | $3.1B |
总资产PRTYL
| Q1 26 | — | $4.8B | ||
| Q4 25 | $17.9B | $5.6B | ||
| Q3 25 | $17.3B | $5.5B | ||
| Q2 25 | $17.5B | $5.4B | ||
| Q1 25 | $17.1B | $5.2B | ||
| Q4 24 | $16.9B | $5.2B | ||
| Q3 24 | $16.6B | $5.0B | ||
| Q2 24 | $15.4B | $4.8B |
负债/权益比PRTYL
| Q1 26 | — | — | ||
| Q4 25 | 0.34× | 0.16× | ||
| Q3 25 | 0.35× | 0.17× | ||
| Q2 25 | 0.42× | 0.16× | ||
| Q1 25 | 0.43× | 0.17× | ||
| Q4 24 | 0.46× | 0.18× | ||
| Q3 24 | 0.47× | 0.18× | ||
| Q2 24 | 0.46× | 0.19× |
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 | $107.3M |
| 自由现金流经营现金流 - 资本支出 | — | $2.0M |
| 自由现金流率自由现金流/营收 | — | 0.3% |
| 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× | 1.32× |
| 过去12个月自由现金流最近4个季度 | — | $585.7M |
8季度趋势，按日历期对齐
经营现金流PRTYL
| Q1 26 | — | $107.3M | ||
| Q4 25 | $904.3M | $243.9M | ||
| Q3 25 | $766.5M | $255.2M | ||
| Q2 25 | $1.0B | $98.3M | ||
| Q1 25 | $898.0M | $56.2M | ||
| Q4 24 | $871.6M | $224.8M | ||
| Q3 24 | $954.4M | $263.7M | ||
| Q2 24 | $938.4M | $64.3M |
自由现金流PRTYL
| Q1 26 | — | $2.0M | ||
| Q4 25 | — | $239.6M | ||
| Q3 25 | — | $251.3M | ||
| Q2 25 | — | $92.8M | ||
| Q1 25 | — | $53.8M | ||
| Q4 24 | — | $221.0M | ||
| Q3 24 | — | $260.8M | ||
| Q2 24 | — | $57.7M |
自由现金流率PRTYL
| Q1 26 | — | 0.3% | ||
| Q4 25 | — | 41.7% | ||
| Q3 25 | — | 42.2% | ||
| Q2 25 | — | 15.6% | ||
| Q1 25 | — | 9.5% | ||
| Q4 24 | — | 40.8% | ||
| Q3 24 | — | 48.0% | ||
| Q2 24 | — | 10.7% |
资本支出强度PRTYL
| Q1 26 | — | — | ||
| Q4 25 | — | 0.8% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 1.2% |
现金转化率PRTYL
| Q1 26 | — | 1.32× | ||
| Q4 25 | 2.66× | 3.72× | ||
| Q3 25 | 12.94× | 3.02× | ||
| Q2 25 | 5.01× | 1.16× | ||
| Q1 25 | 2.73× | 0.69× | ||
| Q4 24 | 4.02× | 3.45× | ||
| Q3 24 | 2.47× | 3.47× | ||
| Q2 24 | 3.99× | 0.95× |
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% |
TYL
| Subscriptions | $429.7M | 70% |
| Maintenance | $108.9M | 18% |
| Other | $74.9M | 12% |
