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PTC Inc.（PTC）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
越洋钻探的季度营收约是PTC Inc.的1.5倍（$1.0B vs $685.8M），PTC Inc.净利率更高（24.3% vs 2.4%，领先21.9%），PTC Inc.同比增速更快（21.4% vs 9.6%），越洋钻探自由现金流更多（$321.0M vs $267.4M），过去两年越洋钻探的营收复合增速更高（16.9% vs 6.6%）
PTC是1985年成立的美国计算机软件与服务企业，总部位于马萨诸塞州波士顿。公司1988年率先推出参数化关联特征驱动的三维CAD建模软件，1998年发布基于互联网的产品生命周期管理（PLM）产品，目前面向合作伙伴与开发者提供物联网、增强现实（AR）平台及相关产品服务。
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。
PTC vs RIG — 直观对比
营收规模更大
RIG
是对方的1.5倍
$685.8M
营收增速更快
PTC
高出11.8%
9.6%
净利率更高
PTC
高出21.9%
2.4%
自由现金流更多
RIG
多$53.6M
$267.4M
两年增速更快
RIG
近两年复合增速
6.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $685.8M | $1.0B |
| 净利润 | $166.5M | $25.0M |
| 毛利率 | 82.8% | 42.0% |
| 营业利润率 | 32.2% | 23.0% |
| 净利率 | 24.3% | 2.4% |
| 营收同比 | 21.4% | 9.6% |
| 净利润同比 | 102.5% | 257.1% |
| 每股收益（稀释后） | $1.39 | $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PTCRIG
| Q4 25 | $685.8M | $1.0B | ||
| Q3 25 | $893.8M | $1.0B | ||
| Q2 25 | $643.9M | $988.0M | ||
| Q1 25 | $636.4M | $906.0M | ||
| Q4 24 | $565.1M | $952.0M | ||
| Q3 24 | $626.5M | $948.0M | ||
| Q2 24 | $518.6M | $861.0M | ||
| Q1 24 | $603.1M | $763.0M |
净利润PTCRIG
| Q4 25 | $166.5M | $25.0M | ||
| Q3 25 | $347.8M | $-1.9B | ||
| Q2 25 | $141.3M | $-938.0M | ||
| Q1 25 | $162.6M | $-79.0M | ||
| Q4 24 | $82.2M | $7.0M | ||
| Q3 24 | $126.5M | $-494.0M | ||
| Q2 24 | $69.0M | $-123.0M | ||
| Q1 24 | $114.4M | $98.0M |
毛利率PTCRIG
| Q4 25 | 82.8% | 42.0% | ||
| Q3 25 | 86.9% | 43.2% | ||
| Q2 25 | 82.9% | 39.4% | ||
| Q1 25 | 83.3% | 31.8% | ||
| Q4 24 | 80.2% | 39.2% | ||
| Q3 24 | 82.0% | 40.6% | ||
| Q2 24 | 78.4% | 38.0% | ||
| Q1 24 | 81.8% | 31.5% |
营业利润率PTCRIG
| Q4 25 | 32.2% | 23.0% | ||
| Q3 25 | 48.5% | -163.1% | ||
| Q2 25 | 32.6% | -97.6% | ||
| Q1 25 | 35.1% | 7.1% | ||
| Q4 24 | 20.4% | 13.7% | ||
| Q3 24 | 31.0% | -51.2% | ||
| Q2 24 | 18.5% | -6.9% | ||
| Q1 24 | 29.8% | -0.4% |
净利率PTCRIG
| Q4 25 | 24.3% | 2.4% | ||
| Q3 25 | 38.9% | -187.1% | ||
| Q2 25 | 21.9% | -94.9% | ||
| Q1 25 | 25.6% | -8.7% | ||
| Q4 24 | 14.6% | 0.7% | ||
| Q3 24 | 20.2% | -52.1% | ||
| Q2 24 | 13.3% | -14.3% | ||
| Q1 24 | 19.0% | 12.8% |
每股收益（稀释后）PTCRIG
| Q4 25 | $1.39 | $0.13 | ||
| Q3 25 | $2.88 | $-2.00 | ||
| Q2 25 | $1.17 | $-1.06 | ||
| Q1 25 | $1.35 | $-0.11 | ||
| Q4 24 | $0.68 | $-0.14 | ||
| Q3 24 | $1.05 | $-0.58 | ||
| Q2 24 | $0.57 | $-0.15 | ||
| Q1 24 | $0.95 | $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 | $209.7M | $620.0M |
| 总债务越低越好 | $1.2B | $5.2B |
| 股东权益账面价值 | $3.8B | $8.1B |
| 总资产 | $6.4B | $15.6B |
| 负债/权益比越低杠杆越低 | 0.31× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资PTCRIG
| Q4 25 | $209.7M | $620.0M | ||
| Q3 25 | $184.4M | $833.0M | ||
| Q2 25 | $199.3M | $377.0M | ||
| Q1 25 | $235.2M | $263.0M | ||
| Q4 24 | $196.3M | $560.0M | ||
| Q3 24 | $265.8M | $435.0M | ||
| Q2 24 | $247.7M | $475.0M | ||
| Q1 24 | $249.0M | $446.0M |
总债务PTCRIG
| Q4 25 | $1.2B | $5.2B | ||
| Q3 25 | $1.2B | $4.8B | ||
| Q2 25 | $1.2B | $5.9B | ||
| Q1 25 | $1.4B | $5.9B | ||
| Q4 24 | $1.0B | $6.2B | ||
| Q3 24 | $1.2B | $6.5B | ||
| Q2 24 | $1.3B | $6.8B | ||
| Q1 24 | $1.5B | $6.8B |
股东权益PTCRIG
| Q4 25 | $3.8B | $8.1B | ||
| Q3 25 | $3.8B | $8.1B | ||
| Q2 25 | $3.5B | $9.4B | ||
| Q1 25 | $3.4B | $10.2B | ||
| Q4 24 | $3.2B | $10.3B | ||
| Q3 24 | $3.2B | $10.2B | ||
| Q2 24 | $3.0B | $10.7B | ||
| Q1 24 | $2.9B | $10.5B |
总资产PTCRIG
| Q4 25 | $6.4B | $15.6B | ||
| Q3 25 | $6.6B | $16.2B | ||
| Q2 25 | $6.2B | $17.8B | ||
| Q1 25 | $6.2B | $19.0B | ||
| Q4 24 | $6.1B | $19.4B | ||
| Q3 24 | $6.4B | $19.5B | ||
| Q2 24 | $6.1B | $20.3B | ||
| Q1 24 | $6.2B | $19.9B |
负债/权益比PTCRIG
| Q4 25 | 0.31× | 0.64× | ||
| Q3 25 | 0.31× | 0.60× | ||
| Q2 25 | 0.34× | 0.63× | ||
| Q1 25 | 0.40× | 0.58× | ||
| Q4 24 | 0.32× | 0.60× | ||
| Q3 24 | 0.38× | 0.64× | ||
| Q2 24 | 0.43× | 0.63× | ||
| Q1 24 | 0.51× | 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 | $269.7M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $267.4M | $321.0M |
| 自由现金流率自由现金流/营收 | 39.0% | 30.8% |
| 资本支出强度资本支出/营收 | 0.3% | 2.7% |
| 现金转化率经营现金流/净利润 | 1.62× | 13.96× |
| 过去12个月自由现金流最近4个季度 | $888.4M | $626.0M |
8季度趋势，按日历期对齐
经营现金流PTCRIG
| Q4 25 | $269.7M | $349.0M | ||
| Q3 25 | $104.0M | $246.0M | ||
| Q2 25 | $243.9M | $128.0M | ||
| Q1 25 | $281.3M | $26.0M | ||
| Q4 24 | $238.4M | $206.0M | ||
| Q3 24 | $98.1M | $194.0M | ||
| Q2 24 | $213.8M | $133.0M | ||
| Q1 24 | $250.7M | $-86.0M |
自由现金流PTCRIG
| Q4 25 | $267.4M | $321.0M | ||
| Q3 25 | $100.5M | $235.0M | ||
| Q2 25 | $242.0M | $104.0M | ||
| Q1 25 | $278.5M | $-34.0M | ||
| Q4 24 | $235.7M | $177.0M | ||
| Q3 24 | $93.6M | $136.0M | ||
| Q2 24 | $212.2M | $49.0M | ||
| Q1 24 | $247.1M | $-169.0M |
自由现金流率PTCRIG
| Q4 25 | 39.0% | 30.8% | ||
| Q3 25 | 11.2% | 22.9% | ||
| Q2 25 | 37.6% | 10.5% | ||
| Q1 25 | 43.8% | -3.8% | ||
| Q4 24 | 41.7% | 18.6% | ||
| Q3 24 | 14.9% | 14.3% | ||
| Q2 24 | 40.9% | 5.7% | ||
| Q1 24 | 41.0% | -22.1% |
资本支出强度PTCRIG
| Q4 25 | 0.3% | 2.7% | ||
| Q3 25 | 0.4% | 1.1% | ||
| Q2 25 | 0.3% | 2.4% | ||
| Q1 25 | 0.4% | 6.6% | ||
| Q4 24 | 0.5% | 3.0% | ||
| Q3 24 | 0.7% | 6.1% | ||
| Q2 24 | 0.3% | 9.8% | ||
| Q1 24 | 0.6% | 10.9% |
现金转化率PTCRIG
| Q4 25 | 1.62× | 13.96× | ||
| Q3 25 | 0.30× | — | ||
| Q2 25 | 1.73× | — | ||
| Q1 25 | 1.73× | — | ||
| Q4 24 | 2.90× | 29.43× | ||
| Q3 24 | 0.78× | — | ||
| Q2 24 | 3.10× | — | ||
| Q1 24 | 2.19× | -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
PTC
| Support And Cloud Services | $393.3M | 57% |
| License | $269.7M | 39% |
| Technology Service | $22.9M | 3% |
| Perpetual License | $5.6M | 1% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
