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Brookdale Senior Living Inc.（BKD）与PIPER SANDLER COMPANIES（PIPR）财务数据对比。点击上方公司名可切换其他公司
Brookdale Senior Living Inc.的季度营收约是PIPER SANDLER COMPANIES的1.1倍（$754.1M vs $667.0M），PIPER SANDLER COMPANIES净利率更高（17.1% vs -5.3%，领先22.4%），PIPER SANDLER COMPANIES同比增速更快（37.4% vs -3.4%），过去两年PIPER SANDLER COMPANIES的营收复合增速更高（39.2% vs -1.9%）
布鲁克代尔老年生活公司成立于1978年，总部位于美国田纳西州布伦特伍德，是美国规模最大的老年住宅运营商，业务覆盖全美各地的养老社区，目前服务超过6万名入住老年人。
Piper Sandler是一家美国跨国投资银行及金融服务提供商，核心业务覆盖并购重组、财务重整、公开募股、公共财政、机构经纪、投资管理、证券研究等领域，通过旗下核心子公司Piper Sandler & Co.为企业、机构投资者及公共组织提供专业金融服务。
BKD vs PIPR — 直观对比
营收规模更大
BKD
是对方的1.1倍
$667.0M
营收增速更快
PIPR
高出40.9%
-3.4%
净利率更高
PIPR
高出22.4%
-5.3%
两年增速更快
PIPR
近两年复合增速
-1.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $754.1M | $667.0M |
| 净利润 | $-40.0M | $114.0M |
| 毛利率 | 24.9% | — |
| 营业利润率 | 3.0% | 28.3% |
| 净利率 | -5.3% | 17.1% |
| 营收同比 | -3.4% | 37.4% |
| 净利润同比 | 52.4% | 65.0% |
| 每股收益（稀释后） | $-0.18 | $6.41 |
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BKDPIPR
| Q4 25 | $754.1M | $667.0M | ||
| Q3 25 | $813.2M | $480.1M | ||
| Q2 25 | $812.9M | $398.6M | ||
| Q1 25 | $813.9M | $358.6M | ||
| Q4 24 | $780.9M | $485.4M | ||
| Q3 24 | $784.2M | $360.9M | ||
| Q2 24 | $777.5M | $340.8M | ||
| Q1 24 | $782.8M | $344.4M |
净利润BKDPIPR
| Q4 25 | $-40.0M | $114.0M | ||
| Q3 25 | $-114.7M | $60.3M | ||
| Q2 25 | $-43.0M | $42.2M | ||
| Q1 25 | $-65.0M | $64.9M | ||
| Q4 24 | $-83.9M | $69.1M | ||
| Q3 24 | $-50.7M | $34.8M | ||
| Q2 24 | $-37.7M | $34.8M | ||
| Q1 24 | $-29.6M | $42.5M |
毛利率BKDPIPR
| Q4 25 | 24.9% | — | ||
| Q3 25 | 25.9% | — | ||
| Q2 25 | 26.6% | — | ||
| Q1 25 | 27.4% | — | ||
| Q4 24 | 24.6% | — | ||
| Q3 24 | 25.3% | — | ||
| Q2 24 | 26.3% | — | ||
| Q1 24 | 26.1% | — |
营业利润率BKDPIPR
| Q4 25 | 3.0% | 28.3% | ||
| Q3 25 | -6.6% | 22.4% | ||
| Q2 25 | 1.8% | 12.3% | ||
| Q1 25 | 3.6% | 8.2% | ||
| Q4 24 | -0.3% | 16.9% | ||
| Q3 24 | 1.3% | 15.4% | ||
| Q2 24 | 2.5% | 8.3% | ||
| Q1 24 | 2.5% | 15.2% |
净利率BKDPIPR
| Q4 25 | -5.3% | 17.1% | ||
| Q3 25 | -14.1% | 12.6% | ||
| Q2 25 | -5.3% | 10.6% | ||
| Q1 25 | -8.0% | 18.1% | ||
| Q4 24 | -10.7% | 14.2% | ||
| Q3 24 | -6.5% | 9.6% | ||
| Q2 24 | -4.9% | 10.2% | ||
| Q1 24 | -3.8% | 12.3% |
每股收益（稀释后）BKDPIPR
| Q4 25 | $-0.18 | $6.41 | ||
| Q3 25 | $-0.48 | $3.38 | ||
| Q2 25 | $-0.18 | $2.38 | ||
| Q1 25 | $-0.28 | $3.65 | ||
| Q4 24 | $-0.37 | $3.88 | ||
| Q3 24 | $-0.22 | $1.96 | ||
| Q2 24 | $-0.17 | $1.97 | ||
| Q1 24 | $-0.13 | $2.43 |
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 | $279.1M | — |
| 总债务越低越好 | $4.3B | — |
| 股东权益账面价值 | $-44.8M | $1.4B |
| 总资产 | $6.0B | $2.6B |
| 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BKDPIPR
| Q4 25 | $279.1M | — | ||
| Q3 25 | $253.4M | — | ||
| Q2 25 | $251.9M | — | ||
| Q1 25 | $239.7M | — | ||
| Q4 24 | $328.8M | — | ||
| Q3 24 | $284.4M | — | ||
| Q2 24 | $309.7M | — | ||
| Q1 24 | $318.5M | — |
总债务BKDPIPR
| Q4 25 | $4.3B | — | ||
| Q3 25 | $4.3B | — | ||
| Q2 25 | $4.3B | — | ||
| Q1 25 | $4.3B | — | ||
| Q4 24 | $4.1B | — | ||
| Q3 24 | $3.7B | — | ||
| Q2 24 | $3.7B | — | ||
| Q1 24 | $3.8B | — |
股东权益BKDPIPR
| Q4 25 | $-44.8M | $1.4B | ||
| Q3 25 | $-6.7M | $1.3B | ||
| Q2 25 | $105.4M | $1.2B | ||
| Q1 25 | $146.7M | $1.2B | ||
| Q4 24 | $212.5M | $1.2B | ||
| Q3 24 | $292.9M | $1.2B | ||
| Q2 24 | $340.2M | $1.1B | ||
| Q1 24 | $374.0M | $1.1B |
总资产BKDPIPR
| Q4 25 | $6.0B | $2.6B | ||
| Q3 25 | $6.0B | $2.2B | ||
| Q2 25 | $6.1B | $2.0B | ||
| Q1 25 | $6.2B | $1.8B | ||
| Q4 24 | $6.3B | $2.3B | ||
| Q3 24 | $5.9B | $2.0B | ||
| Q2 24 | $5.5B | $1.9B | ||
| Q1 24 | $5.5B | $1.8B |
负债/权益比BKDPIPR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 40.72× | — | ||
| Q1 25 | 29.39× | — | ||
| Q4 24 | 19.12× | — | ||
| Q3 24 | 12.65× | — | ||
| Q2 24 | 10.99× | — | ||
| Q1 24 | 10.05× | — |
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 | $34.5M | $729.8M |
| 自由现金流经营现金流 - 资本支出 | $-29.1M | — |
| 自由现金流率自由现金流/营收 | -3.9% | — |
| 资本支出强度资本支出/营收 | 8.4% | — |
| 现金转化率经营现金流/净利润 | — | 6.40× |
| 过去12个月自由现金流最近4个季度 | $16.5M | — |
8季度趋势，按日历期对齐
经营现金流BKDPIPR
| Q4 25 | $34.5M | $729.8M | ||
| Q3 25 | $76.5M | $31.9M | ||
| Q2 25 | $83.6M | $32.1M | ||
| Q1 25 | $23.4M | $-207.2M | ||
| Q4 24 | $45.2M | $163.8M | ||
| Q3 24 | $66.5M | $80.1M | ||
| Q2 24 | $55.7M | $266.5M | ||
| Q1 24 | $-1.1M | $-197.2M |
自由现金流BKDPIPR
| Q4 25 | $-29.1M | — | ||
| Q3 25 | $34.9M | — | ||
| Q2 25 | $29.1M | — | ||
| Q1 25 | $-18.4M | — | ||
| Q4 24 | $-5.1M | — | ||
| Q3 24 | $11.5M | — | ||
| Q2 24 | $4.1M | — | ||
| Q1 24 | $-45.5M | — |
自由现金流率BKDPIPR
| Q4 25 | -3.9% | — | ||
| Q3 25 | 4.3% | — | ||
| Q2 25 | 3.6% | — | ||
| Q1 25 | -2.3% | — | ||
| Q4 24 | -0.7% | — | ||
| Q3 24 | 1.5% | — | ||
| Q2 24 | 0.5% | — | ||
| Q1 24 | -5.8% | — |
资本支出强度BKDPIPR
| Q4 25 | 8.4% | — | ||
| Q3 25 | 5.1% | — | ||
| Q2 25 | 6.7% | — | ||
| Q1 25 | 5.1% | — | ||
| Q4 24 | 6.4% | — | ||
| Q3 24 | 7.0% | — | ||
| Q2 24 | 6.6% | — | ||
| Q1 24 | 5.7% | — |
现金转化率BKDPIPR
| Q4 25 | — | 6.40× | ||
| Q3 25 | — | 0.53× | ||
| Q2 25 | — | 0.76× | ||
| Q1 25 | — | -3.19× | ||
| Q4 24 | — | 2.37× | ||
| Q3 24 | — | 2.30× | ||
| Q2 24 | — | 7.66× | ||
| Q1 24 | — | -4.64× |
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
BKD
| Assisted Living And Memory Care | $506.7M | 67% |
| Independent Living | $121.6M | 16% |
| Ccrcs Rental | $86.3M | 11% |
| Reimbursement Costs Managed Communities | $36.7M | 5% |
| Management Service | $2.9M | 0% |
PIPR
| Advisory Services | $402.6M | 60% |
| Equities Financing | $66.7M | 10% |
| Equity Salesand Trading | $64.2M | 10% |
| Fixed Income Salesand Trading | $47.9M | 7% |
| Other | $46.7M | 7% |
| Debt Financing | $38.9M | 6% |
