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越洋钻探（RIG）与Rivian Automotive, Inc.（RIVN）财务数据对比。点击上方公司名可切换其他公司
Rivian Automotive, Inc.的季度营收约是越洋钻探的1.2倍（$1.3B vs $1.0B），越洋钻探净利率更高（2.4% vs -63.1%，领先65.5%），越洋钻探同比增速更快（9.6% vs -25.8%），越洋钻探自由现金流更多（$321.0M vs $-1.1B），过去两年越洋钻探的营收复合增速更高（16.9% vs 3.3%）
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。
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
RIG vs RIVN — 直观对比
营收规模更大
RIVN
是对方的1.2倍
$1.0B
营收增速更快
RIG
高出35.4%
-25.8%
净利率更高
RIG
高出65.5%
-63.1%
自由现金流更多
RIG
多$1.5B
$-1.1B
两年增速更快
RIG
近两年复合增速
3.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.3B |
| 净利润 | $25.0M | $-811.0M |
| 毛利率 | 42.0% | 9.3% |
| 营业利润率 | 23.0% | -64.8% |
| 净利率 | 2.4% | -63.1% |
| 营收同比 | 9.6% | -25.8% |
| 净利润同比 | 257.1% | -9.0% |
| 每股收益（稀释后） | $0.13 | $-0.66 |
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RIGRIVN
| Q4 25 | $1.0B | $1.3B | ||
| Q3 25 | $1.0B | $1.6B | ||
| Q2 25 | $988.0M | $1.3B | ||
| Q1 25 | $906.0M | $1.2B | ||
| Q4 24 | $952.0M | $1.7B | ||
| Q3 24 | $948.0M | $874.0M | ||
| Q2 24 | $861.0M | $1.2B | ||
| Q1 24 | $763.0M | $1.2B |
净利润RIGRIVN
| Q4 25 | $25.0M | $-811.0M | ||
| Q3 25 | $-1.9B | $-1.2B | ||
| Q2 25 | $-938.0M | $-1.1B | ||
| Q1 25 | $-79.0M | $-545.0M | ||
| Q4 24 | $7.0M | $-744.0M | ||
| Q3 24 | $-494.0M | $-1.1B | ||
| Q2 24 | $-123.0M | $-1.5B | ||
| Q1 24 | $98.0M | $-1.4B |
毛利率RIGRIVN
| Q4 25 | 42.0% | 9.3% | ||
| Q3 25 | 43.2% | 1.5% | ||
| Q2 25 | 39.4% | -15.8% | ||
| Q1 25 | 31.8% | 16.6% | ||
| Q4 24 | 39.2% | 9.8% | ||
| Q3 24 | 40.6% | -44.9% | ||
| Q2 24 | 38.0% | -38.9% | ||
| Q1 24 | 31.5% | -43.8% |
营业利润率RIGRIVN
| Q4 25 | 23.0% | -64.8% | ||
| Q3 25 | -163.1% | -63.1% | ||
| Q2 25 | -97.6% | -85.5% | ||
| Q1 25 | 7.1% | -52.8% | ||
| Q4 24 | 13.7% | -38.1% | ||
| Q3 24 | -51.2% | -133.8% | ||
| Q2 24 | -6.9% | -118.7% | ||
| Q1 24 | -0.4% | -123.3% |
净利率RIGRIVN
| Q4 25 | 2.4% | -63.1% | ||
| Q3 25 | -187.1% | -75.3% | ||
| Q2 25 | -94.9% | -85.7% | ||
| Q1 25 | -8.7% | -44.0% | ||
| Q4 24 | 0.7% | -42.9% | ||
| Q3 24 | -52.1% | -125.9% | ||
| Q2 24 | -14.3% | -125.8% | ||
| Q1 24 | 12.8% | -120.1% |
每股收益（稀释后）RIGRIVN
| Q4 25 | $0.13 | $-0.66 | ||
| Q3 25 | $-2.00 | $-0.96 | ||
| Q2 25 | $-1.06 | $-0.97 | ||
| Q1 25 | $-0.11 | $-0.48 | ||
| Q4 24 | $-0.14 | $-0.67 | ||
| Q3 24 | $-0.58 | $-1.08 | ||
| Q2 24 | $-0.15 | $-1.46 | ||
| Q1 24 | $0.11 | $-1.48 |
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 | $620.0M | $6.1B |
| 总债务越低越好 | $5.2B | — |
| 股东权益账面价值 | $8.1B | $4.6B |
| 总资产 | $15.6B | $14.9B |
| 负债/权益比越低杠杆越低 | 0.64× | — |
8季度趋势，按日历期对齐
现金及短期投资RIGRIVN
| Q4 25 | $620.0M | $6.1B | ||
| Q3 25 | $833.0M | $7.1B | ||
| Q2 25 | $377.0M | $7.5B | ||
| Q1 25 | $263.0M | $7.2B | ||
| Q4 24 | $560.0M | $7.7B | ||
| Q3 24 | $435.0M | $6.7B | ||
| Q2 24 | $475.0M | $7.9B | ||
| Q1 24 | $446.0M | $7.9B |
总债务RIGRIVN
| Q4 25 | $5.2B | — | ||
| Q3 25 | $4.8B | — | ||
| Q2 25 | $5.9B | — | ||
| Q1 25 | $5.9B | — | ||
| Q4 24 | $6.2B | — | ||
| Q3 24 | $6.5B | — | ||
| Q2 24 | $6.8B | $5.5B | ||
| Q1 24 | $6.8B | $4.4B |
股东权益RIGRIVN
| Q4 25 | $8.1B | $4.6B | ||
| Q3 25 | $8.1B | $5.1B | ||
| Q2 25 | $9.4B | $6.1B | ||
| Q1 25 | $10.2B | $6.2B | ||
| Q4 24 | $10.3B | $6.6B | ||
| Q3 24 | $10.2B | $5.9B | ||
| Q2 24 | $10.7B | $6.8B | ||
| Q1 24 | $10.5B | $8.1B |
总资产RIGRIVN
| Q4 25 | $15.6B | $14.9B | ||
| Q3 25 | $16.2B | $15.2B | ||
| Q2 25 | $17.8B | $15.6B | ||
| Q1 25 | $19.0B | $15.5B | ||
| Q4 24 | $19.4B | $15.4B | ||
| Q3 24 | $19.5B | $14.3B | ||
| Q2 24 | $20.3B | $15.4B | ||
| Q1 24 | $19.9B | $15.7B |
负债/权益比RIGRIVN
| Q4 25 | 0.64× | — | ||
| Q3 25 | 0.60× | — | ||
| Q2 25 | 0.63× | — | ||
| Q1 25 | 0.58× | — | ||
| Q4 24 | 0.60× | — | ||
| Q3 24 | 0.64× | — | ||
| Q2 24 | 0.63× | 0.81× | ||
| Q1 24 | 0.65× | 0.55× |
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 | $349.0M | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | $321.0M | $-1.1B |
| 自由现金流率自由现金流/营收 | 30.8% | -89.0% |
| 资本支出强度资本支出/营收 | 2.7% | 36.0% |
| 现金转化率经营现金流/净利润 | 13.96× | — |
| 过去12个月自由现金流最近4个季度 | $626.0M | $-2.5B |
8季度趋势，按日历期对齐
经营现金流RIGRIVN
| Q4 25 | $349.0M | $-681.0M | ||
| Q3 25 | $246.0M | $26.0M | ||
| Q2 25 | $128.0M | $64.0M | ||
| Q1 25 | $26.0M | $-188.0M | ||
| Q4 24 | $206.0M | $1.2B | ||
| Q3 24 | $194.0M | $-876.0M | ||
| Q2 24 | $133.0M | $-754.0M | ||
| Q1 24 | $-86.0M | $-1.3B |
自由现金流RIGRIVN
| Q4 25 | $321.0M | $-1.1B | ||
| Q3 25 | $235.0M | $-421.0M | ||
| Q2 25 | $104.0M | $-398.0M | ||
| Q1 25 | $-34.0M | $-526.0M | ||
| Q4 24 | $177.0M | $856.0M | ||
| Q3 24 | $136.0M | $-1.2B | ||
| Q2 24 | $49.0M | $-1.0B | ||
| Q1 24 | $-169.0M | $-1.5B |
自由现金流率RIGRIVN
| Q4 25 | 30.8% | -89.0% | ||
| Q3 25 | 22.9% | -27.0% | ||
| Q2 25 | 10.5% | -30.5% | ||
| Q1 25 | -3.8% | -42.4% | ||
| Q4 24 | 18.6% | 49.4% | ||
| Q3 24 | 14.3% | -131.9% | ||
| Q2 24 | 5.7% | -89.6% | ||
| Q1 24 | -22.1% | -126.5% |
资本支出强度RIGRIVN
| Q4 25 | 2.7% | 36.0% | ||
| Q3 25 | 1.1% | 28.7% | ||
| Q2 25 | 2.4% | 35.5% | ||
| Q1 25 | 6.6% | 27.3% | ||
| Q4 24 | 3.0% | 18.9% | ||
| Q3 24 | 6.1% | 31.7% | ||
| Q2 24 | 9.8% | 24.4% | ||
| Q1 24 | 10.9% | 21.1% |
现金转化率RIGRIVN
| Q4 25 | 13.96× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 29.43× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -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
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
