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PATTERSON UTI ENERGY INC（PTEN）与Sunrun Inc.（RUN）财务数据对比。点击上方公司名可切换其他公司
Sunrun Inc.的季度营收约是PATTERSON UTI ENERGY INC的1.0倍（$1.2B vs $1.1B），Sunrun Inc.净利率更高（8.9% vs -2.2%，领先11.1%），Sunrun Inc.同比增速更快（123.5% vs -12.7%），过去两年Sunrun Inc.的营收复合增速更高（59.0% vs -8.4%）
帕特森UTI能源是领先的油田服务供应商，主营陆上合同钻井、压力泵送、完井及相关配套服务，核心市场覆盖北美地区，主要服务上游油气开采企业，业务聚焦页岩气、致密气等非常规资源开发领域。
Sunrun Inc.是美国知名的光伏系统及电池储能产品供应商，业务以服务住宅客户为主，2007年成立，总部位于加利福尼亚州旧金山，致力于为家庭用户提供高效的清洁能源解决方案。
PTEN vs RUN — 直观对比
营收规模更大
RUN
是对方的1.0倍
$1.1B
营收增速更快
RUN
高出136.2%
-12.7%
净利率更高
RUN
高出11.1%
-2.2%
两年增速更快
RUN
近两年复合增速
-8.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.2B |
| 净利润 | $-24.5M | $103.6M |
| 毛利率 | — | — |
| 营业利润率 | — | 8.4% |
| 净利率 | -2.2% | 8.9% |
| 营收同比 | -12.7% | 123.5% |
| 净利润同比 | -170.8% | 103.7% |
| 每股收益（稀释后） | $-0.06 | $0.38 |
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PTENRUN
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $1.2B | $724.6M | ||
| Q2 25 | $1.2B | $569.3M | ||
| Q1 25 | $1.3B | $504.3M | ||
| Q4 24 | $1.1B | $518.5M | ||
| Q3 24 | $1.3B | $537.2M | ||
| Q2 24 | $1.3B | $523.9M |
净利润PTENRUN
| Q1 26 | $-24.5M | — | ||
| Q4 25 | $-9.2M | $103.6M | ||
| Q3 25 | $-36.4M | $16.6M | ||
| Q2 25 | $-49.1M | $279.8M | ||
| Q1 25 | $1.0M | $50.0M | ||
| Q4 24 | $-51.4M | $-2.8B | ||
| Q3 24 | $-978.8M | $-83.8M | ||
| Q2 24 | $11.1M | $139.1M |
营业利润率PTENRUN
| Q1 26 | — | — | ||
| Q4 25 | -0.0% | 8.4% | ||
| Q3 25 | -2.4% | 0.5% | ||
| Q2 25 | -2.4% | -19.7% | ||
| Q1 25 | 1.3% | -22.8% | ||
| Q4 24 | -2.7% | -628.0% | ||
| Q3 24 | -73.8% | -23.8% | ||
| Q2 24 | 3.4% | -24.4% |
净利率PTENRUN
| Q1 26 | -2.2% | — | ||
| Q4 25 | -0.8% | 8.9% | ||
| Q3 25 | -3.1% | 2.3% | ||
| Q2 25 | -4.1% | 49.1% | ||
| Q1 25 | 0.1% | 9.9% | ||
| Q4 24 | -4.5% | -542.7% | ||
| Q3 24 | -72.9% | -15.6% | ||
| Q2 24 | 0.8% | 26.5% |
每股收益（稀释后）PTENRUN
| Q1 26 | $-0.06 | — | ||
| Q4 25 | $-0.01 | $0.38 | ||
| Q3 25 | $-0.10 | $0.06 | ||
| Q2 25 | $-0.13 | $1.07 | ||
| Q1 25 | $0.00 | $0.20 | ||
| Q4 24 | $-0.10 | $-12.59 | ||
| Q3 24 | $-2.50 | $-0.37 | ||
| Q2 24 | $0.03 | $0.55 |
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 | — | — |
| 总债务越低越好 | — | $14.7B |
| 股东权益账面价值 | $3.2B | $3.1B |
| 总资产 | $5.4B | $22.6B |
| 负债/权益比越低杠杆越低 | — | 4.69× |
8季度趋势，按日历期对齐
现金及短期投资PTENRUN
| Q1 26 | — | — | ||
| Q4 25 | $418.5M | — | ||
| Q3 25 | $184.8M | — | ||
| Q2 25 | $183.8M | — | ||
| Q1 25 | $223.1M | — | ||
| Q4 24 | $239.2M | — | ||
| Q3 24 | $113.4M | — | ||
| Q2 24 | $72.4M | — |
总债务PTENRUN
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $14.7B | ||
| Q3 25 | $1.2B | $14.6B | ||
| Q2 25 | $1.2B | $14.0B | ||
| Q1 25 | $1.2B | $13.6B | ||
| Q4 24 | $1.2B | $12.9B | ||
| Q3 24 | $1.2B | $12.5B | ||
| Q2 24 | $1.2B | $12.0B |
股东权益PTENRUN
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $3.1B | ||
| Q3 25 | $3.2B | $3.0B | ||
| Q2 25 | $3.3B | $2.9B | ||
| Q1 25 | $3.4B | $2.6B | ||
| Q4 24 | $3.5B | $2.6B | ||
| Q3 24 | $3.6B | $5.3B | ||
| Q2 24 | $4.6B | $5.4B |
总资产PTENRUN
| Q1 26 | $5.4B | — | ||
| Q4 25 | $5.6B | $22.6B | ||
| Q3 25 | $5.5B | $22.2B | ||
| Q2 25 | $5.6B | $21.2B | ||
| Q1 25 | $5.8B | $20.4B | ||
| Q4 24 | $5.8B | $19.9B | ||
| Q3 24 | $6.0B | $22.1B | ||
| Q2 24 | $7.0B | $21.4B |
负债/权益比PTENRUN
| Q1 26 | — | — | ||
| Q4 25 | 0.38× | 4.69× | ||
| Q3 25 | 0.38× | 4.90× | ||
| Q2 25 | 0.37× | 4.80× | ||
| Q1 25 | 0.36× | 5.19× | ||
| Q4 24 | 0.36× | 5.05× | ||
| Q3 24 | 0.35× | 2.36× | ||
| Q2 24 | 0.27× | 2.23× |
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 | $63.9M | $96.9M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 4.9% | — |
| 现金转化率经营现金流/净利润 | — | 0.94× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流PTENRUN
| Q1 26 | $63.9M | — | ||
| Q4 25 | $397.5M | $96.9M | ||
| Q3 25 | $215.8M | $-121.5M | ||
| Q2 25 | $139.7M | $-292.7M | ||
| Q1 25 | $208.1M | $-104.2M | ||
| Q4 24 | $315.8M | $-258.4M | ||
| Q3 24 | $296.3M | $-156.2M | ||
| Q2 24 | $197.5M | $-208.5M |
自由现金流PTENRUN
| Q1 26 | — | — | ||
| Q4 25 | $259.0M | — | ||
| Q3 25 | $71.3M | — | ||
| Q2 25 | $-4.5M | — | ||
| Q1 25 | $46.3M | — | ||
| Q4 24 | $175.5M | — | ||
| Q3 24 | $115.7M | $-156.4M | ||
| Q2 24 | $67.0M | — |
自由现金流率PTENRUN
| Q1 26 | — | — | ||
| Q4 25 | 22.6% | — | ||
| Q3 25 | 6.1% | — | ||
| Q2 25 | -0.4% | — | ||
| Q1 25 | 3.7% | — | ||
| Q4 24 | 15.3% | — | ||
| Q3 24 | 8.6% | -29.1% | ||
| Q2 24 | 5.0% | — |
资本支出强度PTENRUN
| Q1 26 | 4.9% | — | ||
| Q4 25 | 12.1% | — | ||
| Q3 25 | 12.3% | — | ||
| Q2 25 | 11.9% | — | ||
| Q1 25 | 12.8% | — | ||
| Q4 24 | 12.2% | — | ||
| Q3 24 | 13.5% | 0.0% | ||
| Q2 24 | 9.8% | — |
现金转化率PTENRUN
| Q1 26 | — | — | ||
| Q4 25 | — | 0.94× | ||
| Q3 25 | — | -7.33× | ||
| Q2 25 | — | -1.05× | ||
| Q1 25 | 207.11× | -2.08× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 17.83× | -1.50× |
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
PTEN
暂无分部数据
RUN
| Products | $692.3M | 60% |
| Customer Agreements | $435.2M | 38% |
| Manufactured Product Other | $56.7M | 5% |
| Incentives | $31.3M | 3% |
