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Valaris Ltd（VAL）与Velo3D, Inc.（VELO）财务数据对比。点击上方公司名可切换其他公司
Velo3D, Inc.的季度营收约是Valaris Ltd的1.8倍（$9.4M vs $5.2M），Valaris Ltd净利率更高（13798.1% vs -231.9%，领先14030.0%），Valaris Ltd同比增速更快（405.9% vs -25.2%），Velo3D, Inc.自由现金流更多（$-8.3M vs $-34.1M），过去两年Valaris Ltd的营收复合增速更高（29.5% vs -1.8%）
瓦拉瑞斯有限公司是全球领先的海上钻井承包商，总部位于美国得克萨斯州休斯敦，注册地为百慕大，是全球规模最大的海上钻井及油井钻井服务企业。截至2025年2月，公司共运营52座钻井平台，包含36座海上自升式钻井平台、11艘钻井船以及5座半潜式钻井平台。
Velo3D是全球领先的金属3D打印解决方案提供商，主营工业级金属3D打印机、配套专用加工软件及高性能金属材料，主要服务航空航天、国防、能源、半导体等高端制造领域，可生产传统工艺难以实现的复杂高精度金属零部件。
VAL vs VELO — 直观对比
营收规模更大
VELO
是对方的1.8倍
$5.2M
营收增速更快
VAL
高出431.1%
-25.2%
净利率更高
VAL
高出14030.0%
-231.9%
自由现金流更多
VELO
多$25.8M
$-34.1M
两年增速更快
VAL
近两年复合增速
-1.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $5.2M | $9.4M |
| 净利润 | $717.5M | $-21.9M |
| 毛利率 | -7850.0% | -73.6% |
| 营业利润率 | — | -231.0% |
| 净利率 | 13798.1% | -231.9% |
| 营收同比 | 405.9% | -25.2% |
| 净利润同比 | 436.6% | -2.9% |
| 每股收益（稀释后） | $10.13 | $-0.87 |
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VALVELO
| Q4 25 | $5.2M | $9.4M | ||
| Q3 25 | $5.6M | $13.6M | ||
| Q2 25 | $700.0K | $13.6M | ||
| Q1 25 | — | $9.3M | ||
| Q4 24 | $-1.7M | $12.6M | ||
| Q3 24 | $3.9M | $8.2M | ||
| Q2 24 | $4.8M | $10.3M | ||
| Q1 24 | $2.6M | $9.8M |
净利润VALVELO
| Q4 25 | $717.5M | $-21.9M | ||
| Q3 25 | $188.1M | $-11.2M | ||
| Q2 25 | $115.1M | $-13.3M | ||
| Q1 25 | — | $-25.0M | ||
| Q4 24 | $133.7M | $-21.3M | ||
| Q3 24 | $64.6M | $-21.9M | ||
| Q2 24 | $149.6M | $935.0K | ||
| Q1 24 | $25.5M | $-27.5M |
毛利率VALVELO
| Q4 25 | -7850.0% | -73.6% | ||
| Q3 25 | -7142.9% | 3.2% | ||
| Q2 25 | -56428.6% | -11.7% | ||
| Q1 25 | — | 7.5% | ||
| Q4 24 | 24529.4% | -3.5% | ||
| Q3 24 | -11748.7% | 49.4% | ||
| Q2 24 | -9039.6% | -28.0% | ||
| Q1 24 | -17007.7% | -28.8% |
营业利润率VALVELO
| Q4 25 | — | -231.0% | ||
| Q3 25 | — | -73.3% | ||
| Q2 25 | — | -85.4% | ||
| Q1 25 | — | -123.6% | ||
| Q4 24 | — | -167.0% | ||
| Q3 24 | — | -213.8% | ||
| Q2 24 | — | -187.7% | ||
| Q1 24 | — | -211.1% |
净利率VALVELO
| Q4 25 | 13798.1% | -231.9% | ||
| Q3 25 | 3358.9% | -82.0% | ||
| Q2 25 | 16442.9% | -97.7% | ||
| Q1 25 | — | -268.4% | ||
| Q4 24 | -7864.7% | -168.5% | ||
| Q3 24 | 1656.4% | -265.3% | ||
| Q2 24 | 3116.7% | 9.0% | ||
| Q1 24 | 980.8% | -281.2% |
每股收益（稀释后）VALVELO
| Q4 25 | $10.13 | $-0.87 | ||
| Q3 25 | $2.65 | $-0.65 | ||
| Q2 25 | $1.61 | $-0.94 | ||
| Q1 25 | — | $-1.87 | ||
| Q4 24 | $1.86 | $7.06 | ||
| Q3 24 | $0.88 | $-35.52 | ||
| Q2 24 | $2.03 | $1.65 | ||
| Q1 24 | $0.35 | $-55.51 |
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 | $599.4M | $39.0M |
| 总债务越低越好 | — | $31.0M |
| 股东权益账面价值 | $3.2B | $38.2M |
| 总资产 | $5.3B | $105.3M |
| 负债/权益比越低杠杆越低 | — | 0.81× |
8季度趋势，按日历期对齐
现金及短期投资VALVELO
| Q4 25 | $599.4M | $39.0M | ||
| Q3 25 | $662.7M | $11.8M | ||
| Q2 25 | $503.4M | $854.0K | ||
| Q1 25 | — | $3.9M | ||
| Q4 24 | $368.2M | $1.2M | ||
| Q3 24 | $379.3M | $1.6M | ||
| Q2 24 | $398.3M | $3.2M | ||
| Q1 24 | $494.1M | $10.9M |
总债务VALVELO
| Q4 25 | — | $31.0M | ||
| Q3 25 | — | $23.0M | ||
| Q2 25 | — | $22.5M | ||
| Q1 25 | — | $21.7M | ||
| Q4 24 | — | $5.7M | ||
| Q3 24 | — | $32.3M | ||
| Q2 24 | — | $33.5M | ||
| Q1 24 | — | $44.0M |
股东权益VALVELO
| Q4 25 | $3.2B | $38.2M | ||
| Q3 25 | $2.4B | $29.9M | ||
| Q2 25 | $2.3B | $21.4M | ||
| Q1 25 | — | $32.8M | ||
| Q4 24 | $2.2B | $39.7M | ||
| Q3 24 | $2.1B | $34.4M | ||
| Q2 24 | $2.2B | $52.1M | ||
| Q1 24 | $2.0B | $45.5M |
总资产VALVELO
| Q4 25 | $5.3B | $105.3M | ||
| Q3 25 | $4.6B | $93.7M | ||
| Q2 25 | $4.5B | $78.4M | ||
| Q1 25 | — | $91.3M | ||
| Q4 24 | $4.4B | $89.2M | ||
| Q3 24 | $4.3B | $110.8M | ||
| Q2 24 | $4.4B | $116.7M | ||
| Q1 24 | $4.4B | $136.1M |
负债/权益比VALVELO
| Q4 25 | — | 0.81× | ||
| Q3 25 | — | 0.77× | ||
| Q2 25 | — | 1.05× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.14× | ||
| Q3 24 | — | 0.94× | ||
| Q2 24 | — | 0.64× | ||
| Q1 24 | — | 0.97× |
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 | $72.2M | $-7.7M |
| 自由现金流经营现金流 - 资本支出 | $-34.1M | $-8.3M |
| 自由现金流率自由现金流/营收 | -655.8% | -88.3% |
| 资本支出强度资本支出/营收 | 2044.2% | 6.4% |
| 现金转化率经营现金流/净利润 | 0.10× | — |
| 过去12个月自由现金流最近4个季度 | $159.9M | — |
8季度趋势，按日历期对齐
经营现金流VALVELO
| Q4 25 | $72.2M | $-7.7M | ||
| Q3 25 | $198.1M | $-6.0M | ||
| Q2 25 | $120.0M | $-1.2M | ||
| Q1 25 | — | $-12.3M | ||
| Q4 24 | $124.6M | $-2.2M | ||
| Q3 24 | $193.0M | $-2.0M | ||
| Q2 24 | $11.5M | $-8.0M | ||
| Q1 24 | $26.3M | $-20.5M |
自由现金流VALVELO
| Q4 25 | $-34.1M | $-8.3M | ||
| Q3 25 | $128.3M | $-6.3M | ||
| Q2 25 | $52.8M | $-3.0M | ||
| Q1 25 | — | — | ||
| Q4 24 | $12.9M | $-2.2M | ||
| Q3 24 | $111.1M | $-2.0M | ||
| Q2 24 | $-98.7M | $-8.0M | ||
| Q1 24 | $-125.0M | $-20.5M |
自由现金流率VALVELO
| Q4 25 | -655.8% | -88.3% | ||
| Q3 25 | 2291.1% | -46.5% | ||
| Q2 25 | 7542.9% | -22.2% | ||
| Q1 25 | — | — | ||
| Q4 24 | -758.8% | -17.7% | ||
| Q3 24 | 2848.7% | -24.2% | ||
| Q2 24 | -2056.3% | -77.1% | ||
| Q1 24 | -4807.7% | -209.8% |
资本支出强度VALVELO
| Q4 25 | 2044.2% | 6.4% | ||
| Q3 25 | 1246.4% | 2.3% | ||
| Q2 25 | 9600.0% | 13.3% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | -6570.6% | 0.2% | ||
| Q3 24 | 2100.0% | 0.2% | ||
| Q2 24 | 2295.8% | 0.0% | ||
| Q1 24 | 5819.2% | 0.1% |
现金转化率VALVELO
| Q4 25 | 0.10× | — | ||
| Q3 25 | 1.05× | — | ||
| Q2 25 | 1.04× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.93× | — | ||
| Q3 24 | 2.99× | — | ||
| Q2 24 | 0.08× | -8.52× | ||
| Q1 24 | 1.03× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
