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PATTERSON UTI ENERGY INC（PTEN）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
RXO, Inc.的季度营收约是PATTERSON UTI ENERGY INC的1.3倍（$1.5B vs $1.1B），PATTERSON UTI ENERGY INC净利率更高（-2.2% vs -3.1%，领先0.9%），RXO, Inc.同比增速更快（-11.9% vs -12.7%），过去两年RXO, Inc.的营收复合增速更高（26.8% 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。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
PTEN vs RXO — 直观对比
营收规模更大
RXO
是对方的1.3倍
$1.1B
营收增速更快
RXO
高出0.9%
-12.7%
净利率更高
PTEN
高出0.9%
-3.1%
两年增速更快
RXO
近两年复合增速
-8.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.5B |
| 净利润 | $-24.5M | $-46.0M |
| 毛利率 | — | — |
| 营业利润率 | — | -2.9% |
| 净利率 | -2.2% | -3.1% |
| 营收同比 | -12.7% | -11.9% |
| 净利润同比 | -166.1% | -84.0% |
| 每股收益（稀释后） | $-0.06 | $-0.28 |
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PTENRXO
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $1.5B | ||
| Q3 25 | $1.2B | $1.4B | ||
| Q2 25 | $1.2B | $1.4B | ||
| Q1 25 | $1.3B | $1.4B | ||
| Q4 24 | $1.1B | $1.7B | ||
| Q3 24 | $1.3B | $1.0B | ||
| Q2 24 | $1.3B | $930.0M |
净利润PTENRXO
| Q1 26 | $-24.5M | — | ||
| Q4 25 | $-9.2M | $-46.0M | ||
| Q3 25 | $-36.4M | $-14.0M | ||
| Q2 25 | $-49.1M | $-9.0M | ||
| Q1 25 | $1.0M | $-31.0M | ||
| Q4 24 | $-51.4M | $-25.0M | ||
| Q3 24 | $-978.8M | $-243.0M | ||
| Q2 24 | $11.1M | $-7.0M |
营业利润率PTENRXO
| Q1 26 | — | — | ||
| Q4 25 | -0.0% | -2.9% | ||
| Q3 25 | -2.4% | -0.5% | ||
| Q2 25 | -2.4% | — | ||
| Q1 25 | 1.3% | -2.1% | ||
| Q4 24 | -2.7% | -1.4% | ||
| Q3 24 | -73.8% | -1.9% | ||
| Q2 24 | 3.4% | — |
净利率PTENRXO
| Q1 26 | -2.2% | — | ||
| Q4 25 | -0.8% | -3.1% | ||
| Q3 25 | -3.1% | -1.0% | ||
| Q2 25 | -4.1% | -0.6% | ||
| Q1 25 | 0.1% | -2.2% | ||
| Q4 24 | -4.5% | -1.5% | ||
| Q3 24 | -72.9% | -23.4% | ||
| Q2 24 | 0.8% | -0.8% |
每股收益（稀释后）PTENRXO
| Q1 26 | $-0.06 | — | ||
| Q4 25 | $-0.01 | $-0.28 | ||
| Q3 25 | $-0.10 | $-0.08 | ||
| Q2 25 | $-0.13 | $-0.05 | ||
| Q1 25 | $0.00 | $-0.18 | ||
| Q4 24 | $-0.10 | $-0.17 | ||
| Q3 24 | $-2.50 | $-1.81 | ||
| Q2 24 | $0.03 | $-0.06 |
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 | — | $17.0M |
| 总债务越低越好 | — | $387.0M |
| 股东权益账面价值 | $3.2B | $1.5B |
| 总资产 | $5.4B | $3.3B |
| 负债/权益比越低杠杆越低 | — | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资PTENRXO
| Q1 26 | — | — | ||
| Q4 25 | $418.5M | $17.0M | ||
| Q3 25 | $184.8M | $25.0M | ||
| Q2 25 | $183.8M | $18.0M | ||
| Q1 25 | $223.1M | $16.0M | ||
| Q4 24 | $239.2M | $35.0M | ||
| Q3 24 | $113.4M | $55.0M | ||
| Q2 24 | $72.4M | $7.0M |
总债务PTENRXO
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $387.0M | ||
| Q3 25 | $1.2B | $387.0M | ||
| Q2 25 | $1.2B | $387.0M | ||
| Q1 25 | $1.2B | $387.0M | ||
| Q4 24 | $1.2B | $351.0M | ||
| Q3 24 | $1.2B | $352.0M | ||
| Q2 24 | $1.2B | $370.0M |
股东权益PTENRXO
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $1.5B | ||
| Q3 25 | $3.2B | $1.6B | ||
| Q2 25 | $3.3B | $1.6B | ||
| Q1 25 | $3.4B | $1.6B | ||
| Q4 24 | $3.5B | $1.6B | ||
| Q3 24 | $3.6B | $1.7B | ||
| Q2 24 | $4.6B | $579.0M |
总资产PTENRXO
| Q1 26 | $5.4B | — | ||
| Q4 25 | $5.6B | $3.3B | ||
| Q3 25 | $5.5B | $3.2B | ||
| Q2 25 | $5.6B | $3.2B | ||
| Q1 25 | $5.8B | $3.3B | ||
| Q4 24 | $5.8B | $3.4B | ||
| Q3 24 | $6.0B | $3.4B | ||
| Q2 24 | $7.0B | $1.8B |
负债/权益比PTENRXO
| Q1 26 | — | — | ||
| Q4 25 | 0.38× | 0.25× | ||
| Q3 25 | 0.38× | 0.24× | ||
| Q2 25 | 0.37× | 0.24× | ||
| Q1 25 | 0.36× | 0.24× | ||
| Q4 24 | 0.36× | 0.22× | ||
| Q3 24 | 0.35× | 0.21× | ||
| Q2 24 | 0.27× | 0.64× |
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 | $7.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-9.0M |
| 自由现金流率自由现金流/营收 | — | -0.6% |
| 资本支出强度资本支出/营收 | 4.9% | 1.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-8.0M |
8季度趋势，按日历期对齐
经营现金流PTENRXO
| Q1 26 | $63.9M | — | ||
| Q4 25 | $397.5M | $7.0M | ||
| Q3 25 | $215.8M | $23.0M | ||
| Q2 25 | $139.7M | $23.0M | ||
| Q1 25 | $208.1M | $-2.0M | ||
| Q4 24 | $315.8M | $-7.0M | ||
| Q3 24 | $296.3M | $-7.0M | ||
| Q2 24 | $197.5M | $-5.0M |
自由现金流PTENRXO
| Q1 26 | — | — | ||
| Q4 25 | $259.0M | $-9.0M | ||
| Q3 25 | $71.3M | $9.0M | ||
| Q2 25 | $-4.5M | $9.0M | ||
| Q1 25 | $46.3M | $-17.0M | ||
| Q4 24 | $175.5M | $-19.0M | ||
| Q3 24 | $115.7M | $-18.0M | ||
| Q2 24 | $67.0M | $-16.0M |
自由现金流率PTENRXO
| Q1 26 | — | — | ||
| Q4 25 | 22.6% | -0.6% | ||
| Q3 25 | 6.1% | 0.6% | ||
| Q2 25 | -0.4% | 0.6% | ||
| Q1 25 | 3.7% | -1.2% | ||
| Q4 24 | 15.3% | -1.1% | ||
| Q3 24 | 8.6% | -1.7% | ||
| Q2 24 | 5.0% | -1.7% |
资本支出强度PTENRXO
| Q1 26 | 4.9% | — | ||
| Q4 25 | 12.1% | 1.1% | ||
| Q3 25 | 12.3% | 1.0% | ||
| Q2 25 | 11.9% | 1.0% | ||
| Q1 25 | 12.8% | 1.0% | ||
| Q4 24 | 12.2% | 0.7% | ||
| Q3 24 | 13.5% | 1.1% | ||
| Q2 24 | 9.8% | 1.2% |
现金转化率PTENRXO
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 207.11× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 17.83× | — |
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
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
