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RANGE RESOURCES CORP（RRC）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RANGE RESOURCES CORP的1.5倍（$1.2B vs $786.9M），RANGE RESOURCES CORP净利率更高（22.8% vs 8.9%，领先13.8%），Sunrun Inc.同比增速更快（123.5% vs 18.0%），过去两年Sunrun Inc.的营收复合增速更高（59.0% vs 14.6%）
Range Resources Corporation是一家总部位于美国得克萨斯州沃斯堡的天然气勘探开采企业，核心运营区域为马塞勒斯页岩地层，是该地区拥有土地面积最大的运营商，专注于天然气资源的勘探、开发与生产业务，在北美油气开发领域具备深厚的行业积累。
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。
RRC vs RUN — 直观对比
营收规模更大
RUN
是对方的1.5倍
$786.9M
营收增速更快
RUN
高出105.5%
18.0%
净利率更高
RRC
高出13.8%
8.9%
两年增速更快
RUN
近两年复合增速
14.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $786.9M | $1.2B |
| 净利润 | $179.1M | $103.6M |
| 毛利率 | 94.5% | — |
| 营业利润率 | — | 8.4% |
| 净利率 | 22.8% | 8.9% |
| 营收同比 | 18.0% | 123.5% |
| 净利润同比 | 88.8% | 103.7% |
| 每股收益（稀释后） | $0.75 | $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RRCRUN
| Q4 25 | $786.9M | $1.2B | ||
| Q3 25 | $655.3M | $724.6M | ||
| Q2 25 | $699.6M | $569.3M | ||
| Q1 25 | $846.3M | $504.3M | ||
| Q4 24 | $667.0M | $518.5M | ||
| Q3 24 | $567.9M | $537.2M | ||
| Q2 24 | $513.2M | $523.9M | ||
| Q1 24 | $598.8M | $458.2M |
净利润RRCRUN
| Q4 25 | $179.1M | $103.6M | ||
| Q3 25 | $144.3M | $16.6M | ||
| Q2 25 | $237.6M | $279.8M | ||
| Q1 25 | $97.1M | $50.0M | ||
| Q4 24 | $94.8M | $-2.8B | ||
| Q3 24 | $50.7M | $-83.8M | ||
| Q2 24 | $28.7M | $139.1M | ||
| Q1 24 | $92.1M | $-87.8M |
毛利率RRCRUN
| Q4 25 | 94.5% | — | ||
| Q3 25 | 92.5% | — | ||
| Q2 25 | 95.0% | — | ||
| Q1 25 | 93.1% | — | ||
| Q4 24 | 93.7% | — | ||
| Q3 24 | 94.3% | — | ||
| Q2 24 | 93.4% | — | ||
| Q1 24 | 94.7% | — |
营业利润率RRCRUN
| Q4 25 | — | 8.4% | ||
| Q3 25 | — | 0.5% | ||
| Q2 25 | — | -19.7% | ||
| Q1 25 | — | -22.8% | ||
| Q4 24 | — | -628.0% | ||
| Q3 24 | — | -23.8% | ||
| Q2 24 | — | -24.4% | ||
| Q1 24 | — | -40.0% |
净利率RRCRUN
| Q4 25 | 22.8% | 8.9% | ||
| Q3 25 | 22.0% | 2.3% | ||
| Q2 25 | 34.0% | 49.1% | ||
| Q1 25 | 11.5% | 9.9% | ||
| Q4 24 | 14.2% | -542.7% | ||
| Q3 24 | 8.9% | -15.6% | ||
| Q2 24 | 5.6% | 26.5% | ||
| Q1 24 | 15.4% | -19.2% |
每股收益（稀释后）RRCRUN
| Q4 25 | $0.75 | $0.38 | ||
| Q3 25 | $0.60 | $0.06 | ||
| Q2 25 | $0.99 | $1.07 | ||
| Q1 25 | $0.40 | $0.20 | ||
| Q4 24 | $0.38 | $-12.59 | ||
| Q3 24 | $0.21 | $-0.37 | ||
| Q2 24 | $0.12 | $0.55 | ||
| Q1 24 | $0.38 | $-0.40 |
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 | $204.0K | — |
| 总债务越低越好 | $1.2B | $14.7B |
| 股东权益账面价值 | $4.3B | $3.1B |
| 总资产 | $7.4B | $22.6B |
| 负债/权益比越低杠杆越低 | 0.28× | 4.69× |
8季度趋势，按日历期对齐
现金及短期投资RRCRUN
| Q4 25 | $204.0K | — | ||
| Q3 25 | $175.0K | — | ||
| Q2 25 | $134.0K | — | ||
| Q1 25 | $344.6M | — | ||
| Q4 24 | $304.5M | — | ||
| Q3 24 | $277.4M | — | ||
| Q2 24 | $251.1M | — | ||
| Q1 24 | $343.1M | — |
总债务RRCRUN
| Q4 25 | $1.2B | $14.7B | ||
| Q3 25 | $1.2B | $14.6B | ||
| Q2 25 | $1.2B | $14.0B | ||
| Q1 25 | $1.7B | $13.6B | ||
| Q4 24 | $1.7B | $12.9B | ||
| Q3 24 | $1.7B | $12.5B | ||
| Q2 24 | $1.7B | $12.0B | ||
| Q1 24 | $1.8B | $11.1B |
股东权益RRCRUN
| Q4 25 | $4.3B | $3.1B | ||
| Q3 25 | $4.2B | $3.0B | ||
| Q2 25 | $4.1B | $2.9B | ||
| Q1 25 | $3.9B | $2.6B | ||
| Q4 24 | $3.9B | $2.6B | ||
| Q3 24 | $3.9B | $5.3B | ||
| Q2 24 | $3.9B | $5.4B | ||
| Q1 24 | $3.8B | $5.2B |
总资产RRCRUN
| Q4 25 | $7.4B | $22.6B | ||
| Q3 25 | $7.2B | $22.2B | ||
| Q2 25 | $7.1B | $21.2B | ||
| Q1 25 | $7.4B | $20.4B | ||
| Q4 24 | $7.3B | $19.9B | ||
| Q3 24 | $7.2B | $22.1B | ||
| Q2 24 | $7.3B | $21.4B | ||
| Q1 24 | $7.4B | $20.8B |
负债/权益比RRCRUN
| Q4 25 | 0.28× | 4.69× | ||
| Q3 25 | 0.29× | 4.90× | ||
| Q2 25 | 0.29× | 4.80× | ||
| Q1 25 | 0.43× | 5.19× | ||
| Q4 24 | 0.43× | 5.05× | ||
| Q3 24 | 0.44× | 2.36× | ||
| Q2 24 | 0.44× | 2.23× | ||
| Q1 24 | 0.46× | 2.15× |
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 | $257.5M | $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 | — | — |
| 现金转化率经营现金流/净利润 | 1.44× | 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RRCRUN
| Q4 25 | $257.5M | $96.9M | ||
| Q3 25 | $247.5M | $-121.5M | ||
| Q2 25 | $336.2M | $-292.7M | ||
| Q1 25 | $330.1M | $-104.2M | ||
| Q4 24 | $217.9M | $-258.4M | ||
| Q3 24 | $245.9M | $-156.2M | ||
| Q2 24 | $148.8M | $-208.5M | ||
| Q1 24 | $331.9M | $-143.1M |
自由现金流RRCRUN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-156.4M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率RRCRUN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -29.1% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度RRCRUN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率RRCRUN
| Q4 25 | 1.44× | 0.94× | ||
| Q3 25 | 1.72× | -7.33× | ||
| Q2 25 | 1.42× | -1.05× | ||
| Q1 25 | 3.40× | -2.08× | ||
| Q4 24 | 2.30× | — | ||
| Q3 24 | 4.85× | — | ||
| Q2 24 | 5.18× | -1.50× | ||
| Q1 24 | 3.60× | — |
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
RRC
| Natural Gas Natural Gas Liquids And Oil Sales | $745.5M | 95% |
| Brokered Natural Gas And Marketing | $41.3M | 5% |
RUN
| Products | $692.3M | 60% |
| Customer Agreements | $435.2M | 38% |
| Manufactured Product Other | $56.7M | 5% |
| Incentives | $31.3M | 3% |
