vs
Digital Realty（DLR）与PACS Group, Inc.（PACS）财务数据对比。点击上方公司名可切换其他公司
Digital Realty的季度营收约是PACS Group, Inc.的1.2倍（$1.6B vs $1.4B），Digital Realty净利率更高（6.0% vs 4.4%，领先1.6%），PACS Group, Inc.同比增速更快（18.4% vs 16.1%），过去两年PACS Group, Inc.的营收复合增速更高（20.5% vs 9.8%）
Digital Realty是一家全球知名的不动产投资信托企业，核心业务涵盖全球各地运营商中立数据中心的持有、运营与投资，可为客户提供数据中心部署、主机托管、网络互联等多元专业服务，能够满足不同企业对算力基础设施、数据存储及网络连接的多样化需求。
DLR vs PACS — 直观对比
营收规模更大
DLR
是对方的1.2倍
$1.4B
营收增速更快
PACS
高出2.3%
16.1%
净利率更高
DLR
高出1.6%
4.4%
两年增速更快
PACS
近两年复合增速
9.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.4B |
| 净利润 | $98.6M | $59.7M |
| 毛利率 | — | — |
| 营业利润率 | 6.9% | 7.0% |
| 净利率 | 6.0% | 4.4% |
| 营收同比 | 16.1% | 18.4% |
| 净利润同比 | -10.3% | 3022.5% |
| 每股收益（稀释后） | $0.22 | $0.42 |
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DLRPACS
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $1.4B | ||
| Q3 25 | $1.6B | $1.3B | ||
| Q2 25 | $1.5B | $1.3B | ||
| Q1 25 | $1.4B | $1.3B | ||
| Q4 24 | $1.4B | $1.1B | ||
| Q3 24 | $1.4B | $1.0B | ||
| Q2 24 | $1.4B | $981.4M |
净利润DLRPACS
| Q1 26 | $98.6M | — | ||
| Q4 25 | $98.6M | $59.7M | ||
| Q3 25 | $67.8M | $52.4M | ||
| Q2 25 | $1.0B | $51.0M | ||
| Q1 25 | $110.0M | $28.5M | ||
| Q4 24 | $189.6M | $1.9M | ||
| Q3 24 | $51.2M | $15.6M | ||
| Q2 24 | $80.2M | $-10.9M |
毛利率DLRPACS
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 17.1% | ||
| Q2 24 | — | 22.3% |
营业利润率DLRPACS
| Q1 26 | 6.9% | — | ||
| Q4 25 | 6.9% | 7.0% | ||
| Q3 25 | 8.8% | 6.4% | ||
| Q2 25 | 14.2% | 6.2% | ||
| Q1 25 | 13.9% | 3.8% | ||
| Q4 24 | 10.1% | 1.7% | ||
| Q3 24 | 11.8% | 2.2% | ||
| Q2 24 | 0.7% | 0.1% |
净利率DLRPACS
| Q1 26 | 6.0% | — | ||
| Q4 25 | 6.0% | 4.4% | ||
| Q3 25 | 4.3% | 3.9% | ||
| Q2 25 | 69.1% | 3.9% | ||
| Q1 25 | 7.8% | 2.2% | ||
| Q4 24 | 13.2% | 0.2% | ||
| Q3 24 | 3.6% | 1.5% | ||
| Q2 24 | 5.9% | -1.1% |
每股收益（稀释后）DLRPACS
| Q1 26 | $0.22 | — | ||
| Q4 25 | $0.22 | $0.42 | ||
| Q3 25 | $0.15 | $0.32 | ||
| Q2 25 | $2.94 | $0.31 | ||
| Q1 25 | $0.27 | $0.17 | ||
| Q4 24 | $0.50 | $-0.03 | ||
| Q3 24 | $0.09 | $0.10 | ||
| Q2 24 | $0.20 | $-0.07 |
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 | $3.5B | $197.0M |
| 总债务越低越好 | — | $353.2M |
| 股东权益账面价值 | $22.9B | $946.8M |
| 总资产 | $49.4B | $5.6B |
| 负债/权益比越低杠杆越低 | — | 0.37× |
8季度趋势，按日历期对齐
现金及短期投资DLRPACS
| Q1 26 | $3.5B | — | ||
| Q4 25 | $3.5B | $197.0M | ||
| Q3 25 | $3.3B | $355.7M | ||
| Q2 25 | $3.6B | $294.2M | ||
| Q1 25 | $2.3B | $287.5M | ||
| Q4 24 | $3.9B | $157.7M | ||
| Q3 24 | $2.2B | $49.5M | ||
| Q2 24 | $2.3B | $73.4M |
总债务DLRPACS
| Q1 26 | — | — | ||
| Q4 25 | — | $353.2M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $411.9M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益DLRPACS
| Q1 26 | $22.9B | — | ||
| Q4 25 | $22.9B | $946.8M | ||
| Q3 25 | $23.0B | $871.3M | ||
| Q2 25 | $22.9B | $806.8M | ||
| Q1 25 | $21.3B | $750.2M | ||
| Q4 24 | $21.3B | $709.6M | ||
| Q3 24 | $21.2B | $660.0M | ||
| Q2 24 | $20.5B | $572.1M |
总资产DLRPACS
| Q1 26 | $49.4B | — | ||
| Q4 25 | $49.4B | $5.6B | ||
| Q3 25 | $48.7B | $5.6B | ||
| Q2 25 | $48.7B | $5.5B | ||
| Q1 25 | $45.1B | $5.5B | ||
| Q4 24 | $45.3B | $5.2B | ||
| Q3 24 | $45.3B | $4.5B | ||
| Q2 24 | $43.6B | $3.9B |
负债/权益比DLRPACS
| Q1 26 | — | — | ||
| Q4 25 | — | 0.37× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.58× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $-3.4M |
| 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 | — | — |
| 现金转化率经营现金流/净利润 | — | -0.06× |
| 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DLRPACS
| Q1 26 | — | — | ||
| Q4 25 | $719.0M | $-3.4M | ||
| Q3 25 | $652.9M | $204.8M | ||
| Q2 25 | $641.2M | $52.6M | ||
| Q1 25 | $399.1M | $150.2M | ||
| Q4 24 | $769.5M | $64.6M | ||
| Q3 24 | $566.5M | $209.2M | ||
| Q2 24 | $573.2M | $34.8M |
现金转化率DLRPACS
| Q1 26 | — | — | ||
| Q4 25 | 7.29× | -0.06× | ||
| Q3 25 | 9.63× | 3.91× | ||
| Q2 25 | 0.62× | 1.03× | ||
| Q1 25 | 3.63× | 5.28× | ||
| Q4 24 | 4.06× | 33.78× | ||
| Q3 24 | 11.07× | 13.39× | ||
| Q2 24 | 7.15× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
