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FEDERAL AGRICULTURAL MORTGAGE CORP（AGM）与LiveRamp Holdings, Inc.（RAMP）财务数据对比。点击上方公司名可切换其他公司
LiveRamp Holdings, Inc.的季度营收约是FEDERAL AGRICULTURAL MORTGAGE CORP的2.0倍（$212.2M vs $107.5M），LiveRamp Holdings, Inc.同比增速更快（8.6% vs 6.1%），过去两年LiveRamp Holdings, Inc.的营收复合增速更高（11.1% vs 7.1%）
联邦农业抵押贷款公司（又称Farmer Mac）是由美国国会1988年依据《1987年农业信贷法案》设立、由股东持股的联邦特许企业，核心业务是搭建农业不动产及住房抵押贷款的二级市场，提升农业领域的信贷流动性，为农户、牧场主及乡村社区提供长期稳定的信贷支持。
LiveRamp Holdings, Inc.是一家美国SaaS企业，核心业务为提供数据连接平台，服务涵盖数据导入、线下数据线上迁移等能力，助力企业开展营销相关的数据应用，为品牌及营销从业者的数字化运营提供技术支撑。
AGM vs RAMP — 直观对比
营收规模更大
RAMP
是对方的2.0倍
$107.5M
营收增速更快
RAMP
高出2.5%
6.1%
两年增速更快
RAMP
近两年复合增速
7.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $107.5M | $212.2M |
| 净利润 | — | $39.9M |
| 毛利率 | — | 71.9% |
| 营业利润率 | 56.3% | 18.6% |
| 净利率 | — | 18.8% |
| 营收同比 | 6.1% | 8.6% |
| 净利润同比 | — | 255.7% |
| 每股收益（稀释后） | $3.69 | $0.62 |
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AGMRAMP
| Q4 25 | $107.5M | $212.2M | ||
| Q3 25 | $104.0M | $199.8M | ||
| Q2 25 | $102.6M | $194.8M | ||
| Q1 25 | $94.3M | $188.7M | ||
| Q4 24 | $101.3M | $195.4M | ||
| Q3 24 | $90.3M | $185.5M | ||
| Q2 24 | $89.9M | $176.0M | ||
| Q1 24 | $93.7M | $171.9M |
净利润AGMRAMP
| Q4 25 | — | $39.9M | ||
| Q3 25 | $55.0M | $27.4M | ||
| Q2 25 | $54.8M | $7.7M | ||
| Q1 25 | $49.7M | $-6.3M | ||
| Q4 24 | $56.5M | $11.2M | ||
| Q3 24 | $49.8M | $1.7M | ||
| Q2 24 | $47.1M | $-7.5M | ||
| Q1 24 | $53.7M | $-5.4M |
毛利率AGMRAMP
| Q4 25 | — | 71.9% | ||
| Q3 25 | — | 70.2% | ||
| Q2 25 | — | 70.1% | ||
| Q1 25 | — | 69.3% | ||
| Q4 24 | — | 71.9% | ||
| Q3 24 | — | 72.4% | ||
| Q2 24 | — | 70.6% | ||
| Q1 24 | — | 72.2% |
营业利润率AGMRAMP
| Q4 25 | 56.3% | 18.6% | ||
| Q3 25 | 64.1% | 10.7% | ||
| Q2 25 | 63.8% | 3.7% | ||
| Q1 25 | 66.9% | -6.1% | ||
| Q4 24 | 67.5% | 7.5% | ||
| Q3 24 | 69.0% | 4.0% | ||
| Q2 24 | 65.9% | -3.0% | ||
| Q1 24 | 72.8% | -8.3% |
净利率AGMRAMP
| Q4 25 | — | 18.8% | ||
| Q3 25 | 52.9% | 13.7% | ||
| Q2 25 | 53.4% | 4.0% | ||
| Q1 25 | 52.6% | -3.3% | ||
| Q4 24 | 55.8% | 5.7% | ||
| Q3 24 | 55.2% | 0.9% | ||
| Q2 24 | 52.4% | -4.3% | ||
| Q1 24 | 57.4% | -3.1% |
每股收益（稀释后）AGMRAMP
| Q4 25 | $3.69 | $0.62 | ||
| Q3 25 | $4.44 | $0.42 | ||
| Q2 25 | $4.48 | $0.12 | ||
| Q1 25 | $4.01 | $-0.10 | ||
| Q4 24 | $4.62 | $0.17 | ||
| Q3 24 | $3.86 | $0.03 | ||
| Q2 24 | $3.68 | $-0.11 | ||
| Q1 24 | $4.28 | $-0.09 |
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 | — | $403.4M |
| 总债务越低越好 | $30.8B | — |
| 股东权益账面价值 | $1.7B | $962.3M |
| 总资产 | $35.4B | $1.3B |
| 负债/权益比越低杠杆越低 | 17.93× | — |
8季度趋势，按日历期对齐
现金及短期投资AGMRAMP
| Q4 25 | — | $403.4M | ||
| Q3 25 | — | $376.9M | ||
| Q2 25 | — | $371.1M | ||
| Q1 25 | — | $420.8M | ||
| Q4 24 | — | $384.3M | ||
| Q3 24 | $842.1M | $348.4M | ||
| Q2 24 | $923.0M | $342.7M | ||
| Q1 24 | $745.1M | $368.9M |
总债务AGMRAMP
| Q4 25 | $30.8B | — | ||
| Q3 25 | $29.2B | — | ||
| Q2 25 | $28.9B | — | ||
| Q1 25 | $28.0B | — | ||
| Q4 24 | $27.5B | — | ||
| Q3 24 | $27.2B | — | ||
| Q2 24 | $26.8B | — | ||
| Q1 24 | $26.8B | — |
股东权益AGMRAMP
| Q4 25 | $1.7B | $962.3M | ||
| Q3 25 | $1.7B | $943.8M | ||
| Q2 25 | $1.5B | $947.8M | ||
| Q1 25 | $1.5B | $948.9M | ||
| Q4 24 | $1.5B | $957.7M | ||
| Q3 24 | $1.5B | $932.1M | ||
| Q2 24 | $1.5B | $951.9M | ||
| Q1 24 | $1.5B | $949.1M |
总资产AGMRAMP
| Q4 25 | $35.4B | $1.3B | ||
| Q3 25 | $33.4B | $1.2B | ||
| Q2 25 | $33.0B | $1.2B | ||
| Q1 25 | $31.8B | $1.3B | ||
| Q4 24 | $31.3B | $1.3B | ||
| Q3 24 | $30.6B | $1.2B | ||
| Q2 24 | $30.2B | $1.2B | ||
| Q1 24 | $29.8B | $1.2B |
负债/权益比AGMRAMP
| Q4 25 | 17.93× | — | ||
| Q3 25 | 17.31× | — | ||
| Q2 25 | 18.70× | — | ||
| Q1 25 | 18.39× | — | ||
| Q4 24 | 18.48× | — | ||
| Q3 24 | 18.60× | — | ||
| Q2 24 | 17.87× | — | ||
| Q1 24 | 18.11× | — |
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 | $80.1M | — |
| 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 | 0.0% | 0.1% |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流AGMRAMP
| Q4 25 | $80.1M | — | ||
| Q3 25 | $74.2M | $57.4M | ||
| Q2 25 | $-47.7M | $-15.8M | ||
| Q1 25 | $-49.8M | — | ||
| Q4 24 | $612.6M | $45.1M | ||
| Q3 24 | $-44.4M | $55.6M | ||
| Q2 24 | $56.1M | $-9.3M | ||
| Q1 24 | $233.3M | — |
自由现金流AGMRAMP
| Q4 25 | — | — | ||
| Q3 25 | — | $56.8M | ||
| Q2 25 | — | $-16.2M | ||
| Q1 25 | — | — | ||
| Q4 24 | $607.4M | $44.8M | ||
| Q3 24 | $-44.4M | $55.4M | ||
| Q2 24 | $52.6M | $-9.6M | ||
| Q1 24 | $231.7M | — |
自由现金流率AGMRAMP
| Q4 25 | — | — | ||
| Q3 25 | — | 28.4% | ||
| Q2 25 | — | -8.3% | ||
| Q1 25 | — | — | ||
| Q4 24 | 599.8% | 22.9% | ||
| Q3 24 | -49.2% | 29.8% | ||
| Q2 24 | 58.5% | -5.4% | ||
| Q1 24 | 247.3% | — |
资本支出强度AGMRAMP
| Q4 25 | 0.0% | 0.1% | ||
| Q3 25 | 0.0% | 0.3% | ||
| Q2 25 | 0.0% | 0.2% | ||
| Q1 25 | 0.0% | 0.2% | ||
| Q4 24 | 5.2% | 0.1% | ||
| Q3 24 | 0.1% | 0.1% | ||
| Q2 24 | 4.0% | 0.1% | ||
| Q1 24 | 1.7% | 1.0% |
现金转化率AGMRAMP
| Q4 25 | — | — | ||
| Q3 25 | 1.35× | 2.09× | ||
| Q2 25 | -0.87× | -2.04× | ||
| Q1 25 | -1.00× | — | ||
| Q4 24 | 10.84× | 4.02× | ||
| Q3 24 | -0.89× | 32.10× | ||
| Q2 24 | 1.19× | — | ||
| Q1 24 | 4.34× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
