vs
EPR PROPERTIES（EPR）与IMPINJ INC（PI）财务数据对比。点击上方公司名可切换其他公司
EPR PROPERTIES的季度营收约是IMPINJ INC的2.5倍（$182.9M vs $74.3M），EPR PROPERTIES净利率更高（36.6% vs 11.2%，领先25.4%），EPR PROPERTIES同比增速更快（3.2% vs -0.0%），EPR PROPERTIES自由现金流更多（$269.2M vs $2.2M），过去两年EPR PROPERTIES的营收复合增速更高（4.6% vs -14.9%）
EPR地产（前身为娱乐地产信托）是总部位于美国密苏里州堪萨斯城的房地产投资信托企业，专注投资游乐园、电影院、滑雪度假村等娱乐类地产项目，截至2022年共持有353处物业。
Impinj Inc.是一家美国射频识别（RFID）设备及软件提供商，成立于2000年，总部位于华盛顿州西雅图，源自加州理工学院Carver Mead与Chris Diorio的研究成果。公司主营EPC Class 1 Gen 2无源超高频RFID芯片、读写器、读写器芯片、天线，以及芯片编码、业务数据采集相关的软件应用，为各行业RFID应用提供全链路产品支持。
EPR vs PI — 直观对比
营收规模更大
EPR
是对方的2.5倍
$74.3M
营收增速更快
EPR
高出3.3%
-0.0%
净利率更高
EPR
高出25.4%
11.2%
自由现金流更多
EPR
多$267.0M
$2.2M
两年增速更快
EPR
近两年复合增速
-14.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $182.9M | $74.3M |
| 净利润 | $66.9M | $8.3M |
| 毛利率 | — | 49.1% |
| 营业利润率 | 56.8% | 30.5% |
| 净利率 | 36.6% | 11.2% |
| 营收同比 | 3.2% | -0.0% |
| 净利润同比 | 897.0% | — |
| 每股收益（稀释后） | $0.80 | $0.14 |
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EPRPI
| Q1 26 | — | $74.3M | ||
| Q4 25 | $182.9M | $92.8M | ||
| Q3 25 | $182.3M | $96.1M | ||
| Q2 25 | $178.1M | $97.9M | ||
| Q1 25 | $175.0M | $74.3M | ||
| Q4 24 | $177.2M | $91.6M | ||
| Q3 24 | $180.5M | $95.2M | ||
| Q2 24 | $173.1M | $102.5M |
净利润EPRPI
| Q1 26 | — | $8.3M | ||
| Q4 25 | $66.9M | $-1.1M | ||
| Q3 25 | $66.6M | $-12.8M | ||
| Q2 25 | $75.6M | $11.6M | ||
| Q1 25 | $65.8M | $-8.5M | ||
| Q4 24 | $-8.4M | $-2.7M | ||
| Q3 24 | $46.6M | $221.0K | ||
| Q2 24 | $45.1M | $10.0M |
毛利率EPRPI
| Q1 26 | — | 49.1% | ||
| Q4 25 | — | 51.8% | ||
| Q3 25 | — | 50.3% | ||
| Q2 25 | — | 57.8% | ||
| Q1 25 | — | 49.4% | ||
| Q4 24 | — | 50.5% | ||
| Q3 24 | — | 50.0% | ||
| Q2 24 | — | 56.1% |
营业利润率EPRPI
| Q1 26 | — | 30.5% | ||
| Q4 25 | 56.8% | -2.9% | ||
| Q3 25 | 53.5% | 0.7% | ||
| Q2 25 | 62.5% | 11.1% | ||
| Q1 25 | 58.1% | -12.9% | ||
| Q4 24 | 25.5% | -3.9% | ||
| Q3 24 | 51.4% | -0.8% | ||
| Q2 24 | 45.9% | 8.8% |
净利率EPRPI
| Q1 26 | — | 11.2% | ||
| Q4 25 | 36.6% | -1.2% | ||
| Q3 25 | 36.5% | -13.3% | ||
| Q2 25 | 42.5% | 11.8% | ||
| Q1 25 | 37.6% | -11.4% | ||
| Q4 24 | -4.7% | -2.9% | ||
| Q3 24 | 25.8% | 0.2% | ||
| Q2 24 | 26.1% | 9.7% |
每股收益（稀释后）EPRPI
| Q1 26 | — | $0.14 | ||
| Q4 25 | $0.80 | $-0.02 | ||
| Q3 25 | $0.79 | $-0.44 | ||
| Q2 25 | $0.91 | $0.39 | ||
| Q1 25 | $0.78 | $-0.30 | ||
| Q4 24 | $-0.19 | $-0.06 | ||
| Q3 24 | $0.53 | $0.01 | ||
| Q2 24 | $0.51 | $0.34 |
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 | $90.6M | $131.8M |
| 总债务越低越好 | $2.9B | $241.5M |
| 股东权益账面价值 | $2.3B | — |
| 总资产 | $5.7B | $502.5M |
| 负债/权益比越低杠杆越低 | 1.26× | — |
8季度趋势，按日历期对齐
现金及短期投资EPRPI
| Q1 26 | — | $131.8M | ||
| Q4 25 | $90.6M | $175.3M | ||
| Q3 25 | $13.7M | $190.1M | ||
| Q2 25 | $13.0M | $193.2M | ||
| Q1 25 | $20.6M | $147.9M | ||
| Q4 24 | $22.1M | $164.7M | ||
| Q3 24 | $35.3M | $170.3M | ||
| Q2 24 | $33.7M | $220.2M |
总债务EPRPI
| Q1 26 | — | $241.5M | ||
| Q4 25 | $2.9B | $280.9M | ||
| Q3 25 | $2.8B | $280.4M | ||
| Q2 25 | $2.8B | — | ||
| Q1 25 | $2.8B | — | ||
| Q4 24 | $2.9B | $283.5M | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $2.8B | — |
股东权益EPRPI
| Q1 26 | — | — | ||
| Q4 25 | $2.3B | $209.2M | ||
| Q3 25 | $2.3B | $195.0M | ||
| Q2 25 | $2.3B | $187.7M | ||
| Q1 25 | $2.3B | $160.6M | ||
| Q4 24 | $2.3B | $149.9M | ||
| Q3 24 | $2.4B | $136.1M | ||
| Q2 24 | $2.4B | $117.0M |
总资产EPRPI
| Q1 26 | — | $502.5M | ||
| Q4 25 | $5.7B | $545.2M | ||
| Q3 25 | $5.5B | $516.5M | ||
| Q2 25 | $5.6B | $508.8M | ||
| Q1 25 | $5.5B | $479.8M | ||
| Q4 24 | $5.6B | $489.1M | ||
| Q3 24 | $5.7B | $476.4M | ||
| Q2 24 | $5.6B | $446.1M |
负债/权益比EPRPI
| Q1 26 | — | — | ||
| Q4 25 | 1.26× | 1.34× | ||
| Q3 25 | 1.19× | 1.44× | ||
| Q2 25 | 1.20× | — | ||
| Q1 25 | 1.20× | — | ||
| Q4 24 | 1.23× | 1.89× | ||
| Q3 24 | 1.19× | — | ||
| Q2 24 | 1.16× | — |
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 | $421.0M | — |
| 自由现金流经营现金流 - 资本支出 | $269.2M | $2.2M |
| 自由现金流率自由现金流/营收 | 147.1% | 3.0% |
| 资本支出强度资本支出/营收 | 82.9% | — |
| 现金转化率经营现金流/净利润 | 6.29× | — |
| 过去12个月自由现金流最近4个季度 | $568.5M | $61.1M |
8季度趋势，按日历期对齐
经营现金流EPRPI
| Q1 26 | — | — | ||
| Q4 25 | $421.0M | $15.1M | ||
| Q3 25 | $136.5M | $20.9M | ||
| Q2 25 | $87.3M | $33.9M | ||
| Q1 25 | $99.4M | $-11.1M | ||
| Q4 24 | $393.1M | $12.6M | ||
| Q3 24 | $122.0M | $10.1M | ||
| Q2 24 | $78.7M | $45.5M |
自由现金流EPRPI
| Q1 26 | — | $2.2M | ||
| Q4 25 | $269.2M | $13.6M | ||
| Q3 25 | $132.1M | $18.0M | ||
| Q2 25 | $82.4M | $27.3M | ||
| Q1 25 | $84.7M | $-13.0M | ||
| Q4 24 | $129.2M | $8.5M | ||
| Q3 24 | $121.5M | $4.7M | ||
| Q2 24 | $71.3M | $44.1M |
自由现金流率EPRPI
| Q1 26 | — | 3.0% | ||
| Q4 25 | 147.1% | 14.7% | ||
| Q3 25 | 72.5% | 18.7% | ||
| Q2 25 | 46.3% | 27.9% | ||
| Q1 25 | 48.4% | -17.5% | ||
| Q4 24 | 72.9% | 9.3% | ||
| Q3 24 | 67.3% | 4.9% | ||
| Q2 24 | 41.2% | 43.0% |
资本支出强度EPRPI
| Q1 26 | — | — | ||
| Q4 25 | 82.9% | 1.6% | ||
| Q3 25 | 2.4% | 3.1% | ||
| Q2 25 | 2.7% | 6.7% | ||
| Q1 25 | 8.4% | 2.5% | ||
| Q4 24 | 148.9% | 4.5% | ||
| Q3 24 | 0.3% | 5.7% | ||
| Q2 24 | 4.2% | 1.3% |
现金转化率EPRPI
| Q1 26 | — | — | ||
| Q4 25 | 6.29× | — | ||
| Q3 25 | 2.05× | — | ||
| Q2 25 | 1.15× | 2.93× | ||
| Q1 25 | 1.51× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.62× | 45.56× | ||
| Q2 24 | 1.74× | 4.56× |
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
EPR
| Experiential Reportable Operating Segment | $173.3M | 95% |
| Education Reportable Operating Segment | $9.5M | 5% |
PI
暂无分部数据
