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DigitalBridge Group, Inc.（DBRG）与德太投资（TPG）财务数据对比。点击上方公司名可切换其他公司
德太投资的季度营收约是DigitalBridge Group, Inc.的6.8倍（$715.1M vs $105.7M），DigitalBridge Group, Inc.净利率更高（61.5% vs 10.8%，领先50.7%），德太投资同比增速更快（35.6% vs 4.1%），过去两年DigitalBridge Group, Inc.的营收复合增速更高（19.2% vs 18.1%）
DigitalBridge Group（DBRG）是全球领先的数字基础设施投资企业，核心业务覆盖通信基站、数据中心、光纤网络、小基站及边缘算力设施的投资、持有与运营。公司总部位于美国博卡拉顿，在洛杉矶、纽约、丹佛、伦敦、新加坡多地设有办公点，截至2025年6月，旗下管理资产规模达1060亿美元。
TPG Inc.（原称德州太平洋集团、TPG Capital）是总部位于美国得克萨斯州沃斯堡的私募股权投资机构，旗下管理的基金覆盖成长资本、风险投资、公开股权、债权投资等品类，投资领域包含消费零售、传媒电信、工业、科技、旅游休闲、医疗健康等多个赛道。
DBRG vs TPG — 直观对比
营收规模更大
TPG
是对方的6.8倍
$105.7M
营收增速更快
TPG
高出31.5%
4.1%
净利率更高
DBRG
高出50.7%
10.8%
两年增速更快
DBRG
近两年复合增速
18.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $105.7M | $715.1M |
| 净利润 | $65.1M | $77.1M |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | 61.5% | 10.8% |
| 营收同比 | 4.1% | 35.6% |
| 净利润同比 | — | 494.1% |
| 每股收益（稀释后） | $0.28 | $0.30 |
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DBRGTPG
| Q4 25 | $105.7M | $715.1M | ||
| Q3 25 | $93.3M | $596.5M | ||
| Q2 25 | $85.3M | $569.1M | ||
| Q1 25 | $90.1M | $543.5M | ||
| Q4 24 | $101.6M | $527.2M | ||
| Q3 24 | $76.6M | $524.7M | ||
| Q2 24 | $390.3M | $522.8M | ||
| Q1 24 | $74.4M | $512.3M |
净利润DBRGTPG
| Q4 25 | $65.1M | $77.1M | ||
| Q3 25 | $31.4M | $67.1M | ||
| Q2 25 | $31.6M | $14.9M | ||
| Q1 25 | $13.8M | $25.4M | ||
| Q4 24 | — | $13.0M | ||
| Q3 24 | $13.8M | $9.0M | ||
| Q2 24 | $91.4M | $-14.0M | ||
| Q1 24 | $-29.6M | $15.5M |
营业利润率DBRGTPG
| Q4 25 | — | — | ||
| Q3 25 | -13.9% | — | ||
| Q2 25 | -31.2% | — | ||
| Q1 25 | -11.5% | — | ||
| Q4 24 | 5.7% | — | ||
| Q3 24 | 62.4% | — | ||
| Q2 24 | 33.5% | — | ||
| Q1 24 | -20.7% | — |
净利率DBRGTPG
| Q4 25 | 61.5% | 10.8% | ||
| Q3 25 | 33.7% | 11.3% | ||
| Q2 25 | 37.1% | 2.6% | ||
| Q1 25 | 15.3% | 4.7% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | 18.0% | 1.7% | ||
| Q2 24 | 23.4% | -2.7% | ||
| Q1 24 | -39.8% | 3.0% |
每股收益（稀释后）DBRGTPG
| Q4 25 | $0.28 | $0.30 | ||
| Q3 25 | $0.09 | $0.20 | ||
| Q2 25 | $0.10 | $-0.05 | ||
| Q1 25 | $-0.01 | $0.00 | ||
| Q4 24 | — | $-0.04 | ||
| Q3 24 | $-0.01 | $-0.08 | ||
| Q2 24 | $0.44 | $-0.19 | ||
| Q1 24 | $-0.28 | $-0.11 |
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 | $382.5M | $826.1M |
| 总债务越低越好 | $298.8M | $1.7B |
| 股东权益账面价值 | $2.1B | $4.1B |
| 总资产 | $3.4B | $13.5B |
| 负债/权益比越低杠杆越低 | 0.14× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资DBRGTPG
| Q4 25 | $382.5M | $826.1M | ||
| Q3 25 | $358.4M | $1.1B | ||
| Q2 25 | $340.7M | $1.1B | ||
| Q1 25 | $349.9M | $822.0M | ||
| Q4 24 | $302.2M | $808.0M | ||
| Q3 24 | $294.4M | $1.2B | ||
| Q2 24 | $261.2M | $1.1B | ||
| Q1 24 | $247.4M | $1.1B |
总债务DBRGTPG
| Q4 25 | $298.8M | $1.7B | ||
| Q3 25 | $327.9M | $1.8B | ||
| Q2 25 | $298.0M | $1.6B | ||
| Q1 25 | $296.9M | $1.5B | ||
| Q4 24 | $296.4M | $1.3B | ||
| Q3 24 | $295.8M | $1.3B | ||
| Q2 24 | $295.3M | $1.2B | ||
| Q1 24 | $366.5M | $1.2B |
股东权益DBRGTPG
| Q4 25 | $2.1B | $4.1B | ||
| Q3 25 | $2.1B | $3.8B | ||
| Q2 25 | $2.0B | $3.6B | ||
| Q1 25 | $2.0B | $3.5B | ||
| Q4 24 | $2.0B | $3.6B | ||
| Q3 24 | $2.0B | $3.4B | ||
| Q2 24 | $2.0B | $3.3B | ||
| Q1 24 | $1.8B | $3.3B |
总资产DBRGTPG
| Q4 25 | $3.4B | $13.5B | ||
| Q3 25 | $3.5B | $13.0B | ||
| Q2 25 | $3.4B | $12.0B | ||
| Q1 25 | $3.4B | $11.3B | ||
| Q4 24 | $3.5B | $10.5B | ||
| Q3 24 | $3.5B | $10.5B | ||
| Q2 24 | $3.5B | $10.1B | ||
| Q1 24 | $3.5B | $9.9B |
负债/权益比DBRGTPG
| Q4 25 | 0.14× | 0.42× | ||
| Q3 25 | 0.16× | 0.47× | ||
| Q2 25 | 0.15× | 0.45× | ||
| Q1 25 | 0.15× | 0.42× | ||
| Q4 24 | 0.15× | 0.36× | ||
| Q3 24 | 0.15× | 0.39× | ||
| Q2 24 | 0.15× | 0.37× | ||
| Q1 24 | 0.20× | 0.37× |
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 | $259.3M | $-43.7M |
| 自由现金流经营现金流 - 资本支出 | $258.0M | — |
| 自由现金流率自由现金流/营收 | 244.0% | — |
| 资本支出强度资本支出/营收 | 1.3% | — |
| 现金转化率经营现金流/净利润 | 3.99× | -0.57× |
| 过去12个月自由现金流最近4个季度 | $440.5M | — |
8季度趋势，按日历期对齐
经营现金流DBRGTPG
| Q4 25 | $259.3M | $-43.7M | ||
| Q3 25 | $56.5M | $492.0M | ||
| Q2 25 | $77.0M | $385.9M | ||
| Q1 25 | $50.3M | $198.2M | ||
| Q4 24 | $60.1M | $-188.1M | ||
| Q3 24 | $35.9M | $68.9M | ||
| Q2 24 | $22.5M | $214.6M | ||
| Q1 24 | $-27.0M | $436.7M |
自由现金流DBRGTPG
| Q4 25 | $258.0M | — | ||
| Q3 25 | $56.1M | — | ||
| Q2 25 | $76.4M | — | ||
| Q1 25 | $50.0M | — | ||
| Q4 24 | $56.5M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $22.3M | — | ||
| Q1 24 | $-30.1M | — |
自由现金流率DBRGTPG
| Q4 25 | 244.0% | — | ||
| Q3 25 | 60.2% | — | ||
| Q2 25 | 89.5% | — | ||
| Q1 25 | 55.5% | — | ||
| Q4 24 | 55.7% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 5.7% | — | ||
| Q1 24 | -40.4% | — |
资本支出强度DBRGTPG
| Q4 25 | 1.3% | — | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | 0.3% | — | ||
| Q4 24 | 3.5% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.1% | — | ||
| Q1 24 | 4.1% | — |
现金转化率DBRGTPG
| Q4 25 | 3.99× | -0.57× | ||
| Q3 25 | 1.80× | 7.33× | ||
| Q2 25 | 2.43× | 25.83× | ||
| Q1 25 | 3.65× | 7.80× | ||
| Q4 24 | — | -14.49× | ||
| Q3 24 | 2.61× | 7.69× | ||
| Q2 24 | 0.25× | — | ||
| Q1 24 | — | 28.14× |
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
DBRG
暂无分部数据
TPG
| Management Fees | $484.4M | 68% |
| Transaction Fees | $118.6M | 17% |
| Expense Reimbursements And Other | $76.3M | 11% |
| Incentive Fees | $29.0M | 4% |
| Monitoring Fees | $6.8M | 1% |
