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Public Storage（PSA）与越洋钻探（RIG）财务数据对比。点击上方公司名可切换其他公司
Public Storage的季度营收约是越洋钻探的1.2倍（$1.2B vs $1.0B），Public Storage净利率更高（41.7% vs 2.4%，领先39.3%），越洋钻探同比增速更快（9.6% vs 3.3%），过去两年越洋钻探的营收复合增速更高（16.9% vs 2.5%）
Public Storage总部位于美国加利福尼亚州格伦代尔，是主营自助仓储业务的房地产投资信托，也是美国最大的自助仓储服务品牌，持有美国约9%的自助仓储面积。截至2024年12月31日，公司运营3073处自助仓储设施，总可出租净面积达2.21亿平方英尺。
越洋钻探（Transocean Ltd.）是按营收计全球规模最大的海上钻探承包商，总部位于瑞士施泰因豪森，起源于美国，目前在加拿大、美国、挪威、英国、印度、巴西、新加坡等20个国家设有办事机构，业务覆盖全球主要海上油气开采区域。
PSA vs RIG — 直观对比
营收规模更大
PSA
是对方的1.2倍
$1.0B
营收增速更快
RIG
高出6.3%
3.3%
净利率更高
PSA
高出39.3%
2.4%
两年增速更快
RIG
近两年复合增速
2.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.0B |
| 净利润 | $507.1M | $25.0M |
| 毛利率 | — | 42.0% |
| 营业利润率 | 40.7% | 23.0% |
| 净利率 | 41.7% | 2.4% |
| 营收同比 | 3.3% | 9.6% |
| 净利润同比 | -17.5% | 257.1% |
| 每股收益（稀释后） | $2.59 | $0.13 |
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PSARIG
| Q4 25 | $1.2B | $1.0B | ||
| Q3 25 | $1.2B | $1.0B | ||
| Q2 25 | $1.2B | $988.0M | ||
| Q1 25 | $1.2B | $906.0M | ||
| Q4 24 | $1.2B | $952.0M | ||
| Q3 24 | $1.2B | $948.0M | ||
| Q2 24 | $1.2B | $861.0M | ||
| Q1 24 | $1.2B | $763.0M |
净利润PSARIG
| Q4 25 | $507.1M | $25.0M | ||
| Q3 25 | $511.1M | $-1.9B | ||
| Q2 25 | $358.4M | $-938.0M | ||
| Q1 25 | $407.8M | $-79.0M | ||
| Q4 24 | $614.6M | $7.0M | ||
| Q3 24 | $430.3M | $-494.0M | ||
| Q2 24 | $518.1M | $-123.0M | ||
| Q1 24 | $508.9M | $98.0M |
毛利率PSARIG
| Q4 25 | — | 42.0% | ||
| Q3 25 | — | 43.2% | ||
| Q2 25 | — | 39.4% | ||
| Q1 25 | — | 31.8% | ||
| Q4 24 | — | 39.2% | ||
| Q3 24 | — | 40.6% | ||
| Q2 24 | — | 38.0% | ||
| Q1 24 | — | 31.5% |
营业利润率PSARIG
| Q4 25 | 40.7% | 23.0% | ||
| Q3 25 | 42.3% | -163.1% | ||
| Q2 25 | 30.4% | -97.6% | ||
| Q1 25 | 34.8% | 7.1% | ||
| Q4 24 | 52.4% | 13.7% | ||
| Q3 24 | 36.7% | -51.2% | ||
| Q2 24 | 44.6% | -6.9% | ||
| Q1 24 | 44.3% | -0.4% |
净利率PSARIG
| Q4 25 | 41.7% | 2.4% | ||
| Q3 25 | 41.8% | -187.1% | ||
| Q2 25 | 29.8% | -94.9% | ||
| Q1 25 | 34.5% | -8.7% | ||
| Q4 24 | 52.2% | 0.7% | ||
| Q3 24 | 36.2% | -52.1% | ||
| Q2 24 | 44.2% | -14.3% | ||
| Q1 24 | 44.0% | 12.8% |
每股收益（稀释后）PSARIG
| Q4 25 | $2.59 | $0.13 | ||
| Q3 25 | $2.62 | $-2.00 | ||
| Q2 25 | $1.76 | $-1.06 | ||
| Q1 25 | $2.04 | $-0.11 | ||
| Q4 24 | $3.22 | $-0.14 | ||
| Q3 24 | $2.16 | $-0.58 | ||
| Q2 24 | $2.66 | $-0.15 | ||
| Q1 24 | $2.60 | $0.11 |
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 | $318.1M | $620.0M |
| 总债务越低越好 | $10.3B | $5.2B |
| 股东权益账面价值 | $9.2B | $8.1B |
| 总资产 | $20.2B | $15.6B |
| 负债/权益比越低杠杆越低 | 1.11× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资PSARIG
| Q4 25 | $318.1M | $620.0M | ||
| Q3 25 | $296.5M | $833.0M | ||
| Q2 25 | $1.1B | $377.0M | ||
| Q1 25 | $287.2M | $263.0M | ||
| Q4 24 | $447.4M | $560.0M | ||
| Q3 24 | $599.0M | $435.0M | ||
| Q2 24 | $542.3M | $475.0M | ||
| Q1 24 | $271.6M | $446.0M |
总债务PSARIG
| Q4 25 | $10.3B | $5.2B | ||
| Q3 25 | $10.0B | $4.8B | ||
| Q2 25 | $10.4B | $5.9B | ||
| Q1 25 | $9.4B | $5.9B | ||
| Q4 24 | $9.4B | $6.2B | ||
| Q3 24 | $9.5B | $6.5B | ||
| Q2 24 | $9.4B | $6.8B | ||
| Q1 24 | $9.1B | $6.8B |
股东权益PSARIG
| Q4 25 | $9.2B | $8.1B | ||
| Q3 25 | $9.3B | $8.1B | ||
| Q2 25 | $9.4B | $9.4B | ||
| Q1 25 | $9.6B | $10.2B | ||
| Q4 24 | $9.7B | $10.3B | ||
| Q3 24 | $9.6B | $10.2B | ||
| Q2 24 | $9.7B | $10.7B | ||
| Q1 24 | $9.9B | $10.5B |
总资产PSARIG
| Q4 25 | $20.2B | $15.6B | ||
| Q3 25 | $20.1B | $16.2B | ||
| Q2 25 | $20.5B | $17.8B | ||
| Q1 25 | $19.6B | $19.0B | ||
| Q4 24 | $19.8B | $19.4B | ||
| Q3 24 | $19.8B | $19.5B | ||
| Q2 24 | $19.8B | $20.3B | ||
| Q1 24 | $19.6B | $19.9B |
负债/权益比PSARIG
| Q4 25 | 1.11× | 0.64× | ||
| Q3 25 | 1.08× | 0.60× | ||
| Q2 25 | 1.11× | 0.63× | ||
| Q1 25 | 0.99× | 0.58× | ||
| Q4 24 | 0.96× | 0.60× | ||
| Q3 24 | 0.99× | 0.64× | ||
| Q2 24 | 0.97× | 0.63× | ||
| Q1 24 | 0.91× | 0.65× |
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 | $733.6M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | — | $321.0M |
| 自由现金流率自由现金流/营收 | — | 30.8% |
| 资本支出强度资本支出/营收 | — | 2.7% |
| 现金转化率经营现金流/净利润 | 1.45× | 13.96× |
| 过去12个月自由现金流最近4个季度 | — | $626.0M |
8季度趋势，按日历期对齐
经营现金流PSARIG
| Q4 25 | $733.6M | $349.0M | ||
| Q3 25 | $875.1M | $246.0M | ||
| Q2 25 | $872.7M | $128.0M | ||
| Q1 25 | $705.1M | $26.0M | ||
| Q4 24 | $768.6M | $206.0M | ||
| Q3 24 | $798.8M | $194.0M | ||
| Q2 24 | $895.3M | $133.0M | ||
| Q1 24 | $665.6M | $-86.0M |
自由现金流PSARIG
| Q4 25 | — | $321.0M | ||
| Q3 25 | — | $235.0M | ||
| Q2 25 | — | $104.0M | ||
| Q1 25 | — | $-34.0M | ||
| Q4 24 | — | $177.0M | ||
| Q3 24 | — | $136.0M | ||
| Q2 24 | — | $49.0M | ||
| Q1 24 | — | $-169.0M |
自由现金流率PSARIG
| Q4 25 | — | 30.8% | ||
| Q3 25 | — | 22.9% | ||
| Q2 25 | — | 10.5% | ||
| Q1 25 | — | -3.8% | ||
| Q4 24 | — | 18.6% | ||
| Q3 24 | — | 14.3% | ||
| Q2 24 | — | 5.7% | ||
| Q1 24 | — | -22.1% |
资本支出强度PSARIG
| Q4 25 | — | 2.7% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 2.4% | ||
| Q1 25 | — | 6.6% | ||
| Q4 24 | — | 3.0% | ||
| Q3 24 | — | 6.1% | ||
| Q2 24 | — | 9.8% | ||
| Q1 24 | — | 10.9% |
现金转化率PSARIG
| Q4 25 | 1.45× | 13.96× | ||
| Q3 25 | 1.71× | — | ||
| Q2 25 | 2.43× | — | ||
| Q1 25 | 1.73× | — | ||
| Q4 24 | 1.25× | 29.43× | ||
| Q3 24 | 1.86× | — | ||
| Q2 24 | 1.73× | — | ||
| Q1 24 | 1.31× | -0.88× |
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
PSA
| Self Storage Operations | $1.1B | 93% |
| Ancillary Operations | $86.9M | 7% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
