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ProPetro Holding Corp.（PUMP）与RPC INC（RES）财务数据对比。点击上方公司名可切换其他公司
RPC INC的季度营收约是ProPetro Holding Corp.的1.5倍（$425.8M vs $289.7M）。RPC INC同比增速更快（27.0% vs -9.6%）。RPC INC自由现金流更多（$31.2M vs $16.8M）。过去两年RPC INC的营收复合增速更高（6.2% 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。
RPC集团是总部位于英国的企业，曾是欧洲规模最大的塑料包装供应商之一，总部坐落于北安普敦郡的拉什登。该公司此前在伦敦证券交易所上市，2019年被贝瑞全球集团收购，贝瑞全球集团又于2025年被安海斯包装收购。
PUMP vs RES — 直观对比
营收规模更大
RES
是对方的1.5倍
$289.7M
营收增速更快
RES
高出36.6%
-9.6%
自由现金流更多
RES
多$14.4M
$16.8M
两年增速更快
RES
近两年复合增速
-15.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $289.7M | $425.8M |
| 净利润 | — | $-3.1M |
| 毛利率 | — | 21.0% |
| 营业利润率 | 2.1% | -0.9% |
| 净利率 | — | -0.7% |
| 营收同比 | -9.6% | 27.0% |
| 净利润同比 | — | -124.0% |
| 每股收益（稀释后） | $0.01 | $-0.02 |
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PUMPRES
| Q4 25 | $289.7M | $425.8M | ||
| Q3 25 | $293.9M | $447.1M | ||
| Q2 25 | $326.2M | $420.8M | ||
| Q1 25 | $359.4M | $332.9M | ||
| Q4 24 | $320.6M | $335.4M | ||
| Q3 24 | $360.9M | $337.7M | ||
| Q2 24 | $357.0M | $364.2M | ||
| Q1 24 | $405.8M | $377.8M |
净利润PUMPRES
| Q4 25 | — | $-3.1M | ||
| Q3 25 | $-2.4M | $13.0M | ||
| Q2 25 | $-7.2M | $10.1M | ||
| Q1 25 | $9.6M | $12.0M | ||
| Q4 24 | — | $12.8M | ||
| Q3 24 | $-137.1M | $18.8M | ||
| Q2 24 | $-3.7M | $32.4M | ||
| Q1 24 | $19.9M | $27.5M |
毛利率PUMPRES
| Q4 25 | — | 21.0% | ||
| Q3 25 | — | 25.1% | ||
| Q2 25 | — | 24.5% | ||
| Q1 25 | — | 26.7% | ||
| Q4 24 | — | 25.4% | ||
| Q3 24 | — | 26.7% | ||
| Q2 24 | — | 28.0% | ||
| Q1 24 | — | 26.8% |
营业利润率PUMPRES
| Q4 25 | 2.1% | -0.9% | ||
| Q3 25 | -2.1% | 4.7% | ||
| Q2 25 | -1.0% | 3.7% | ||
| Q1 25 | 2.6% | 3.7% | ||
| Q4 24 | -5.8% | 3.1% | ||
| Q3 24 | -49.4% | 5.7% | ||
| Q2 24 | -0.1% | 9.7% | ||
| Q1 24 | 7.5% | 8.6% |
净利率PUMPRES
| Q4 25 | — | -0.7% | ||
| Q3 25 | -0.8% | 2.9% | ||
| Q2 25 | -2.2% | 2.4% | ||
| Q1 25 | 2.7% | 3.6% | ||
| Q4 24 | — | 3.8% | ||
| Q3 24 | -38.0% | 5.6% | ||
| Q2 24 | -1.0% | 8.9% | ||
| Q1 24 | 4.9% | 7.3% |
每股收益（稀释后）PUMPRES
| Q4 25 | $0.01 | $-0.02 | ||
| Q3 25 | $-0.02 | $0.06 | ||
| Q2 25 | $-0.07 | $0.05 | ||
| Q1 25 | $0.09 | $0.06 | ||
| Q4 24 | $-0.14 | $0.06 | ||
| Q3 24 | $-1.32 | $0.09 | ||
| Q2 24 | $-0.03 | $0.15 | ||
| Q1 24 | $0.18 | $0.13 |
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 | $210.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $829.8M | $1.1B |
| 总资产 | $1.3B | $1.5B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资PUMPRES
| Q4 25 | $91.3M | $210.0M | ||
| Q3 25 | $76.7M | $163.5M | ||
| Q2 25 | $83.0M | $162.1M | ||
| Q1 25 | $71.4M | $326.7M | ||
| Q4 24 | $58.3M | $326.0M | ||
| Q3 24 | $54.0M | $276.9M | ||
| Q2 24 | $74.7M | $261.5M | ||
| Q1 24 | $53.6M | $212.2M |
股东权益PUMPRES
| Q4 25 | $829.8M | $1.1B | ||
| Q3 25 | $826.2M | $1.1B | ||
| Q2 25 | $824.0M | $1.1B | ||
| Q1 25 | $826.5M | $1.1B | ||
| Q4 24 | $816.3M | $1.1B | ||
| Q3 24 | $833.0M | $1.1B | ||
| Q2 24 | $975.8M | $1.1B | ||
| Q1 24 | $998.2M | $1.0B |
总资产PUMPRES
| Q4 25 | $1.3B | $1.5B | ||
| Q3 25 | $1.3B | $1.5B | ||
| Q2 25 | $1.2B | $1.5B | ||
| Q1 25 | $1.2B | $1.3B | ||
| Q4 24 | $1.2B | $1.4B | ||
| Q3 24 | $1.3B | $1.3B | ||
| Q2 24 | $1.5B | $1.3B | ||
| Q1 24 | $1.2B | $1.3B |
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 | $61.9M |
| 自由现金流经营现金流 - 资本支出 | $16.8M | $31.2M |
| 自由现金流率自由现金流/营收 | 5.8% | 7.3% |
| 资本支出强度资本支出/营收 | 22.2% | 7.2% |
| 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 | $45.3M | $52.9M |
8季度趋势，按日历期对齐
经营现金流PUMPRES
| Q4 25 | $81.0M | $61.9M | ||
| Q3 25 | $41.7M | $46.5M | ||
| Q2 25 | $54.2M | $53.1M | ||
| Q1 25 | $54.7M | $39.9M | ||
| Q4 24 | $37.9M | $94.2M | ||
| Q3 24 | $34.7M | $70.7M | ||
| Q2 24 | $104.9M | $127.9M | ||
| Q1 24 | $74.8M | $56.6M |
自由现金流PUMPRES
| Q4 25 | $16.8M | $31.2M | ||
| Q3 25 | $-2.4M | $4.1M | ||
| Q2 25 | $17.1M | $10.0M | ||
| Q1 25 | $13.8M | $7.6M | ||
| Q4 24 | $10.0M | $53.7M | ||
| Q3 24 | $-6.0M | $19.1M | ||
| Q2 24 | $67.7M | $52.9M | ||
| Q1 24 | $40.2M | $3.8M |
自由现金流率PUMPRES
| Q4 25 | 5.8% | 7.3% | ||
| Q3 25 | -0.8% | 0.9% | ||
| Q2 25 | 5.2% | 2.4% | ||
| Q1 25 | 3.8% | 2.3% | ||
| Q4 24 | 3.1% | 16.0% | ||
| Q3 24 | -1.7% | 5.6% | ||
| Q2 24 | 19.0% | 14.5% | ||
| Q1 24 | 9.9% | 1.0% |
资本支出强度PUMPRES
| Q4 25 | 22.2% | 7.2% | ||
| Q3 25 | 15.0% | 9.5% | ||
| Q2 25 | 11.4% | 10.2% | ||
| Q1 25 | 11.4% | 9.7% | ||
| Q4 24 | 8.7% | 12.1% | ||
| Q3 24 | 11.3% | 15.3% | ||
| Q2 24 | 10.4% | 20.6% | ||
| Q1 24 | 8.5% | 14.0% |
现金转化率PUMPRES
| Q4 25 | — | — | ||
| Q3 25 | — | 3.59× | ||
| Q2 25 | — | 5.23× | ||
| Q1 25 | 5.70× | 3.31× | ||
| Q4 24 | — | 7.38× | ||
| Q3 24 | — | 3.76× | ||
| Q2 24 | — | 3.95× | ||
| Q1 24 | 3.75× | 2.06× |
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% |
RES
| Technical Service | $405.2M | 95% |
| Other | $8.8M | 2% |
| Nitrogen | $6.6M | 2% |
