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Broadridge Financial Solutions（BR）与GLOBAL PARTNERS LP（GLP）财务数据对比。点击上方公司名可切换其他公司
GLOBAL PARTNERS LP的季度营收约是Broadridge Financial Solutions的1.3倍（$2.2B vs $1.7B），Broadridge Financial Solutions净利率更高（16.6% vs 1.1%，领先15.5%），GLOBAL PARTNERS LP同比增速更快（7.0% vs -5.4%），过去两年Broadridge Financial Solutions的营收复合增速更高（10.4% vs 0.2%）
Broadridge Financial Solutions是2007年从自动数据处理公司（ADP）分拆成立的上市企业服务及金融科技企业，总部位于纽约莱克萨克塞斯，为金融行业客户提供股东委托书、年报等金融单证服务，以及线上年会等股东沟通解决方案。
Global Partners LP是一家美国能源供应企业，2018年位列《财富》世界500强第361位，采用业主有限合伙制架构，核心业务为石油产品进口，深耕北美市场开展营销活动，批发的产品涵盖原油、柴油、汽油、取暖油及煤油等品类。
BR vs GLP — 直观对比
营收规模更大
GLP
是对方的1.3倍
$1.7B
营收增速更快
GLP
高出12.4%
-5.4%
净利率更高
BR
高出15.5%
1.1%
两年增速更快
BR
近两年复合增速
0.2%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $2.2B |
| 净利润 | $284.6M | $25.1M |
| 毛利率 | 27.6% | 11.9% |
| 营业利润率 | 12.0% | 2.6% |
| 净利率 | 16.6% | 1.1% |
| 营收同比 | -5.4% | 7.0% |
| 净利润同比 | 17.1% | 5.0% |
| 每股收益（稀释后） | $2.42 | — |
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BRGLP
| Q4 25 | $1.7B | $2.2B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | $2.1B | $2.1B | ||
| Q1 25 | $1.8B | $2.2B | ||
| Q4 24 | $1.6B | $2.1B | ||
| Q3 24 | $1.4B | $2.1B | ||
| Q2 24 | $1.9B | $2.3B | ||
| Q1 24 | $1.7B | $2.2B |
净利润BRGLP
| Q4 25 | $284.6M | $25.1M | ||
| Q3 25 | — | $29.0M | ||
| Q2 25 | $374.2M | $25.2M | ||
| Q1 25 | $243.1M | $18.7M | ||
| Q4 24 | $142.4M | $23.9M | ||
| Q3 24 | $79.8M | $45.9M | ||
| Q2 24 | $323.2M | $46.1M | ||
| Q1 24 | $213.7M | $-5.6M |
毛利率BRGLP
| Q4 25 | 27.6% | 11.9% | ||
| Q3 25 | — | 12.1% | ||
| Q2 25 | 37.3% | 13.1% | ||
| Q1 25 | 31.8% | 11.7% | ||
| Q4 24 | 27.9% | 13.0% | ||
| Q3 24 | 24.5% | 13.4% | ||
| Q2 24 | 35.5% | 12.6% | ||
| Q1 24 | 31.2% | 9.8% |
营业利润率BRGLP
| Q4 25 | 12.0% | 2.6% | ||
| Q3 25 | — | 2.7% | ||
| Q2 25 | 24.1% | 2.9% | ||
| Q1 25 | 19.0% | 2.6% | ||
| Q4 24 | 13.3% | 2.8% | ||
| Q3 24 | 9.4% | 3.9% | ||
| Q2 24 | 22.7% | 3.7% | ||
| Q1 24 | 17.5% | 1.2% |
净利率BRGLP
| Q4 25 | 16.6% | 1.1% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | 18.1% | 1.2% | ||
| Q1 25 | 13.4% | 0.9% | ||
| Q4 24 | 9.0% | 1.2% | ||
| Q3 24 | 5.6% | 2.1% | ||
| Q2 24 | 16.6% | 2.0% | ||
| Q1 24 | 12.4% | -0.3% |
每股收益（稀释后）BRGLP
| Q4 25 | $2.42 | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $3.17 | — | ||
| Q1 25 | $2.05 | — | ||
| Q4 24 | $1.20 | — | ||
| Q3 24 | $0.68 | — | ||
| Q2 24 | $2.72 | — | ||
| Q1 24 | $1.79 | — |
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 | $371.5M | — |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $2.9B | — |
| 总资产 | $8.6B | $3.9B |
| 负债/权益比越低杠杆越低 | 1.10× | — |
8季度趋势，按日历期对齐
现金及短期投资BRGLP
| Q4 25 | $371.5M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $562.2M | — | ||
| Q1 25 | $317.9M | — | ||
| Q4 24 | $290.6M | — | ||
| Q3 24 | $293.5M | — | ||
| Q2 24 | $305.2M | — | ||
| Q1 24 | $236.4M | — |
总债务BRGLP
| Q4 25 | $3.2B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $3.3B | — | ||
| Q1 25 | $3.4B | — | ||
| Q4 24 | $3.7B | — | ||
| Q3 24 | $3.6B | — | ||
| Q2 24 | $3.4B | — | ||
| Q1 24 | $3.5B | — |
股东权益BRGLP
| Q4 25 | $2.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $2.7B | — | ||
| Q1 25 | $2.4B | — | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $2.2B | — | ||
| Q2 24 | $2.2B | — | ||
| Q1 24 | $2.3B | — |
总资产BRGLP
| Q4 25 | $8.6B | $3.9B | ||
| Q3 25 | — | $3.7B | ||
| Q2 25 | $8.5B | $3.8B | ||
| Q1 25 | $8.3B | $3.8B | ||
| Q4 24 | $8.2B | $3.8B | ||
| Q3 24 | $8.0B | $3.7B | ||
| Q2 24 | $8.2B | $3.8B | ||
| Q1 24 | $8.2B | $3.5B |
负债/权益比BRGLP
| Q4 25 | 1.10× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.22× | — | ||
| Q1 25 | 1.44× | — | ||
| Q4 24 | 1.64× | — | ||
| Q3 24 | 1.63× | — | ||
| Q2 24 | 1.55× | — | ||
| Q1 24 | 1.55× | — |
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 | — | $101.0M |
| 自由现金流经营现金流 - 资本支出 | — | $62.2M |
| 自由现金流率自由现金流/营收 | — | 2.8% |
| 资本支出强度资本支出/营收 | — | 1.8% |
| 现金转化率经营现金流/净利润 | — | 4.03× |
| 过去12个月自由现金流最近4个季度 | — | $193.3M |
8季度趋势，按日历期对齐
经营现金流BRGLP
| Q4 25 | — | $101.0M | ||
| Q3 25 | — | $19.0M | ||
| Q2 25 | $699.7M | $216.3M | ||
| Q1 25 | $360.4M | $-51.6M | ||
| Q4 24 | $236.7M | $67.2M | ||
| Q3 24 | $-125.5M | $122.7M | ||
| Q2 24 | $721.0M | $24.3M | ||
| Q1 24 | $207.4M | $-182.7M |
自由现金流BRGLP
| Q4 25 | — | $62.2M | ||
| Q3 25 | — | $-678.0K | ||
| Q2 25 | $684.1M | $201.3M | ||
| Q1 25 | $348.9M | $-69.5M | ||
| Q4 24 | $227.9M | $20.4M | ||
| Q3 24 | $-133.4M | $98.4M | ||
| Q2 24 | $703.2M | $8.7M | ||
| Q1 24 | $184.6M | $-199.3M |
自由现金流率BRGLP
| Q4 25 | — | 2.8% | ||
| Q3 25 | — | -0.0% | ||
| Q2 25 | 33.1% | 9.7% | ||
| Q1 25 | 19.3% | -3.2% | ||
| Q4 24 | 14.3% | 1.0% | ||
| Q3 24 | -9.4% | 4.6% | ||
| Q2 24 | 36.2% | 0.4% | ||
| Q1 24 | 10.7% | -9.0% |
资本支出强度BRGLP
| Q4 25 | — | 1.8% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | 0.8% | 0.7% | ||
| Q1 25 | 0.6% | 0.8% | ||
| Q4 24 | 0.6% | 2.3% | ||
| Q3 24 | 0.6% | 1.1% | ||
| Q2 24 | 0.9% | 0.7% | ||
| Q1 24 | 1.3% | 0.8% |
现金转化率BRGLP
| Q4 25 | — | 4.03× | ||
| Q3 25 | — | 0.66× | ||
| Q2 25 | 1.87× | 8.58× | ||
| Q1 25 | 1.48× | -2.76× | ||
| Q4 24 | 1.66× | 2.82× | ||
| Q3 24 | -1.57× | 2.67× | ||
| Q2 24 | 2.23× | 0.53× | ||
| Q1 24 | 0.97× | — |
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
BR
| Recurring Fee Revenue Investor Communication Solutions | $589.5M | 34% |
| Recurring Fee Revenue Capital Markets | $300.9M | 18% |
| Recurring Fee Revenue Regulatory | $248.7M | 15% |
| Recurring Fee Revenue Customer Communications | $189.2M | 11% |
| Recurring Fee Revenue Wealth And Investment Management | $179.7M | 10% |
| Recurring Fee Revenue Data Driven Fund Solutions | $112.7M | 7% |
| Event Driven Revenue Mutual Funds | $51.4M | 3% |
| Event Driven Revenue Equity And Other | $39.2M | 2% |
| Global Technology And Operations | $7.5M | 0% |
GLP
| Gasoline | $1.0B | 46% |
| Refined Petroleum Products Renewable Fuels Crude Oil And Propane | $884.7M | 40% |
| Commercial Segment | $187.6M | 8% |
| Station Operations | $110.5M | 5% |
