vs
ProPetro Holding Corp.（PUMP）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
RBC Bearings INC的季度营收约是ProPetro Holding Corp.的1.6倍（$461.6M vs $289.7M），RBC Bearings INC同比增速更快（17.0% vs -9.6%），RBC Bearings INC自由现金流更多（$99.1M vs $16.8M），过去两年RBC Bearings INC的营收复合增速更高（5.6% vs -15.5%）
ProPetro Holding Corp.是一家总部位于美国的油田服务供应商，主要为陆上油气勘探开采企业提供水力压裂、完井及相关配套服务，核心业务集中在横跨德克萨斯州和新墨西哥州的二叠纪盆地。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
PUMP vs RBC — 直观对比
营收规模更大
RBC
是对方的1.6倍
$289.7M
营收增速更快
RBC
高出26.7%
-9.6%
自由现金流更多
RBC
多$82.3M
$16.8M
两年增速更快
RBC
近两年复合增速
-15.5%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $289.7M | $461.6M |
| 净利润 | — | $67.4M |
| 毛利率 | — | 44.3% |
| 营业利润率 | 2.1% | 22.3% |
| 净利率 | — | 14.6% |
| 营收同比 | -9.6% | 17.0% |
| 净利润同比 | — | 16.4% |
| 每股收益（稀释后） | $0.01 | $2.13 |
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PUMPRBC
| Q4 25 | $289.7M | $461.6M | ||
| Q3 25 | $293.9M | $455.3M | ||
| Q2 25 | $326.2M | $436.0M | ||
| Q1 25 | $359.4M | $437.7M | ||
| Q4 24 | $320.6M | $394.4M | ||
| Q3 24 | $360.9M | $397.9M | ||
| Q2 24 | $357.0M | $406.3M | ||
| Q1 24 | $405.8M | $413.7M |
净利润PUMPRBC
| Q4 25 | — | $67.4M | ||
| Q3 25 | $-2.4M | $60.0M | ||
| Q2 25 | $-7.2M | $68.5M | ||
| Q1 25 | $9.6M | $72.7M | ||
| Q4 24 | — | $57.9M | ||
| Q3 24 | $-137.1M | $54.2M | ||
| Q2 24 | $-3.7M | $61.4M | ||
| Q1 24 | $19.9M | — |
毛利率PUMPRBC
| Q4 25 | — | 44.3% | ||
| Q3 25 | — | 44.1% | ||
| Q2 25 | — | 44.8% | ||
| Q1 25 | — | 44.2% | ||
| Q4 24 | — | 44.3% | ||
| Q3 24 | — | 43.7% | ||
| Q2 24 | — | 45.3% | ||
| Q1 24 | — | 43.1% |
营业利润率PUMPRBC
| Q4 25 | 2.1% | 22.3% | ||
| Q3 25 | -2.1% | 21.5% | ||
| Q2 25 | -1.0% | 23.2% | ||
| Q1 25 | 2.6% | 23.0% | ||
| Q4 24 | -5.8% | 21.7% | ||
| Q3 24 | -49.4% | 21.6% | ||
| Q2 24 | -0.1% | 24.0% | ||
| Q1 24 | 7.5% | 22.8% |
净利率PUMPRBC
| Q4 25 | — | 14.6% | ||
| Q3 25 | -0.8% | 13.2% | ||
| Q2 25 | -2.2% | 15.7% | ||
| Q1 25 | 2.7% | 16.6% | ||
| Q4 24 | — | 14.7% | ||
| Q3 24 | -38.0% | 13.6% | ||
| Q2 24 | -1.0% | 15.1% | ||
| Q1 24 | 4.9% | — |
每股收益（稀释后）PUMPRBC
| Q4 25 | $0.01 | $2.13 | ||
| Q3 25 | $-0.02 | $1.90 | ||
| Q2 25 | $-0.07 | $2.17 | ||
| Q1 25 | $0.09 | $2.33 | ||
| Q4 24 | $-0.14 | $1.82 | ||
| Q3 24 | $-1.32 | $1.65 | ||
| Q2 24 | $-0.03 | $1.90 | ||
| Q1 24 | $0.18 | $1.92 |
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 | $91.3M | $107.6M |
| 总债务越低越好 | — | $990.2M |
| 股东权益账面价值 | $829.8M | $3.3B |
| 总资产 | $1.3B | $5.1B |
| 负债/权益比越低杠杆越低 | — | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资PUMPRBC
| Q4 25 | $91.3M | $107.6M | ||
| Q3 25 | $76.7M | $91.2M | ||
| Q2 25 | $83.0M | $132.9M | ||
| Q1 25 | $71.4M | $36.8M | ||
| Q4 24 | $58.3M | — | ||
| Q3 24 | $54.0M | — | ||
| Q2 24 | $74.7M | $76.8M | ||
| Q1 24 | $53.6M | $63.5M |
总债务PUMPRBC
| Q4 25 | — | $990.2M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $915.6M | ||
| Q1 25 | — | $920.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.2B |
股东权益PUMPRBC
| Q4 25 | $829.8M | $3.3B | ||
| Q3 25 | $826.2M | $3.2B | ||
| Q2 25 | $824.0M | $3.1B | ||
| Q1 25 | $826.5M | $3.0B | ||
| Q4 24 | $816.3M | $2.9B | ||
| Q3 24 | $833.0M | $2.9B | ||
| Q2 24 | $975.8M | $2.8B | ||
| Q1 24 | $998.2M | $2.8B |
总资产PUMPRBC
| Q4 25 | $1.3B | $5.1B | ||
| Q3 25 | $1.3B | $5.1B | ||
| Q2 25 | $1.2B | $4.8B | ||
| Q1 25 | $1.2B | $4.7B | ||
| Q4 24 | $1.2B | $4.7B | ||
| Q3 24 | $1.3B | $4.7B | ||
| Q2 24 | $1.5B | $4.7B | ||
| Q1 24 | $1.2B | $4.7B |
负债/权益比PUMPRBC
| Q4 25 | — | 0.30× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.43× |
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 | $81.0M | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $16.8M | $99.1M |
| 自由现金流率自由现金流/营收 | 5.8% | 21.5% |
| 资本支出强度资本支出/营收 | 22.2% | 5.0% |
| 现金转化率经营现金流/净利润 | — | 1.81× |
| 过去12个月自由现金流最近4个季度 | $45.3M | — |
8季度趋势，按日历期对齐
经营现金流PUMPRBC
| Q4 25 | $81.0M | $122.1M | ||
| Q3 25 | $41.7M | $88.4M | ||
| Q2 25 | $54.2M | $120.0M | ||
| Q1 25 | $54.7M | — | ||
| Q4 24 | $37.9M | $84.0M | ||
| Q3 24 | $34.7M | — | ||
| Q2 24 | $104.9M | $97.4M | ||
| Q1 24 | $74.8M | — |
自由现金流PUMPRBC
| Q4 25 | $16.8M | $99.1M | ||
| Q3 25 | $-2.4M | $71.7M | ||
| Q2 25 | $17.1M | $104.3M | ||
| Q1 25 | $13.8M | — | ||
| Q4 24 | $10.0M | $73.6M | ||
| Q3 24 | $-6.0M | — | ||
| Q2 24 | $67.7M | $88.4M | ||
| Q1 24 | $40.2M | — |
自由现金流率PUMPRBC
| Q4 25 | 5.8% | 21.5% | ||
| Q3 25 | -0.8% | 15.7% | ||
| Q2 25 | 5.2% | 23.9% | ||
| Q1 25 | 3.8% | — | ||
| Q4 24 | 3.1% | 18.7% | ||
| Q3 24 | -1.7% | — | ||
| Q2 24 | 19.0% | 21.8% | ||
| Q1 24 | 9.9% | — |
资本支出强度PUMPRBC
| Q4 25 | 22.2% | 5.0% | ||
| Q3 25 | 15.0% | 3.7% | ||
| Q2 25 | 11.4% | 3.6% | ||
| Q1 25 | 11.4% | 3.2% | ||
| Q4 24 | 8.7% | 2.6% | ||
| Q3 24 | 11.3% | 4.1% | ||
| Q2 24 | 10.4% | 2.2% | ||
| Q1 24 | 8.5% | — |
现金转化率PUMPRBC
| Q4 25 | — | 1.81× | ||
| Q3 25 | — | 1.47× | ||
| Q2 25 | — | 1.75× | ||
| Q1 25 | 5.70× | — | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.59× | ||
| Q1 24 | 3.75× | — |
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
PUMP
| Hydraulic Fracturing Segment | $203.9M | 70% |
| Wireline Operating Segment | $55.4M | 19% |
| Cementing Operating Segment | $29.6M | 10% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
