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Extra Space Storage（EXR）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
Extra Space Storage的季度营收约是PIPER SANDLER COMPANIES的1.3倍（$856.0M vs $667.0M），Extra Space Storage净利率更高（28.2% vs 17.1%，领先11.1%），PIPER SANDLER COMPANIES同比增速更快（37.4% vs 4.4%），过去两年PIPER SANDLER COMPANIES的营收复合增速更高（39.2% vs 2.8%）
Extra Space Storage是总部位于美国犹他州卡顿伍德高地的房地产投资信托基金，主营自助仓储设施投资运营。旗下运营多个仓储品牌，提供温控仓、可驶入单元、储物柜、船只/房车/企业仓储等服务，截至2024年3月，在全美43个州及华盛顿特区共运营3714处网点。
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。
EXR vs PIPR — 直观对比
营收规模更大
EXR
是对方的1.3倍
$667.0M
营收增速更快
PIPR
高出33.0%
4.4%
净利率更高
EXR
高出11.1%
17.1%
两年增速更快
PIPR
近两年复合增速
2.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $856.0M | $667.0M |
| 净利润 | $241.0M | $114.0M |
| 毛利率 | — | — |
| 营业利润率 | 42.9% | 28.3% |
| 净利率 | 28.2% | 17.1% |
| 营收同比 | 4.4% | 37.4% |
| 净利润同比 | -11.4% | 65.0% |
| 每股收益（稀释后） | $1.14 | $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EXRPIPR
| Q1 26 | $856.0M | — | ||
| Q4 25 | $857.5M | $667.0M | ||
| Q3 25 | $858.5M | $480.1M | ||
| Q2 25 | $841.6M | $398.6M | ||
| Q1 25 | $820.0M | $358.6M | ||
| Q4 24 | $821.9M | $485.4M | ||
| Q3 24 | $824.8M | $360.9M | ||
| Q2 24 | $810.7M | $340.8M |
净利润EXRPIPR
| Q1 26 | $241.0M | — | ||
| Q4 25 | $287.4M | $114.0M | ||
| Q3 25 | $166.0M | $60.3M | ||
| Q2 25 | $249.7M | $42.2M | ||
| Q1 25 | $270.9M | $64.9M | ||
| Q4 24 | $262.5M | $69.1M | ||
| Q3 24 | $193.2M | $34.8M | ||
| Q2 24 | $185.9M | $34.8M |
毛利率EXRPIPR
| Q1 26 | — | — | ||
| Q4 25 | 73.0% | — | ||
| Q3 25 | 72.6% | — | ||
| Q2 25 | 73.0% | — | ||
| Q1 25 | 72.7% | — | ||
| Q4 24 | 73.1% | — | ||
| Q3 24 | 74.7% | — | ||
| Q2 24 | 75.7% | — |
营业利润率EXRPIPR
| Q1 26 | 42.9% | — | ||
| Q4 25 | 43.3% | 28.3% | ||
| Q3 25 | 32.5% | 22.4% | ||
| Q2 25 | 44.4% | 12.3% | ||
| Q1 25 | 47.4% | 8.2% | ||
| Q4 24 | 46.2% | 16.9% | ||
| Q3 24 | 36.7% | 15.4% | ||
| Q2 24 | 37.6% | 8.3% |
净利率EXRPIPR
| Q1 26 | 28.2% | — | ||
| Q4 25 | 33.5% | 17.1% | ||
| Q3 25 | 19.3% | 12.6% | ||
| Q2 25 | 29.7% | 10.6% | ||
| Q1 25 | 33.0% | 18.1% | ||
| Q4 24 | 31.9% | 14.2% | ||
| Q3 24 | 23.4% | 9.6% | ||
| Q2 24 | 22.9% | 10.2% |
每股收益（稀释后）EXRPIPR
| Q1 26 | $1.14 | — | ||
| Q4 25 | $1.35 | $6.41 | ||
| Q3 25 | $0.78 | $3.38 | ||
| Q2 25 | $1.18 | $2.38 | ||
| Q1 25 | $1.28 | $3.65 | ||
| Q4 24 | $1.23 | $3.88 | ||
| Q3 24 | $0.91 | $1.96 | ||
| Q2 24 | $0.88 | $1.97 |
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 | $139.0M | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $1.4B |
| 总资产 | $29.1B | $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EXRPIPR
| Q1 26 | $139.0M | — | ||
| Q4 25 | $138.9M | — | ||
| Q3 25 | $111.9M | — | ||
| Q2 25 | $125.0M | — | ||
| Q1 25 | $119.6M | — | ||
| Q4 24 | $138.2M | — | ||
| Q3 24 | $88.9M | — | ||
| Q2 24 | $77.0M | — |
股东权益EXRPIPR
| Q1 26 | — | — | ||
| Q4 25 | $13.4B | $1.4B | ||
| Q3 25 | $13.6B | $1.3B | ||
| Q2 25 | $13.8B | $1.2B | ||
| Q1 25 | $13.9B | $1.2B | ||
| Q4 24 | $13.9B | $1.2B | ||
| Q3 24 | $14.0B | $1.2B | ||
| Q2 24 | $14.2B | $1.1B |
总资产EXRPIPR
| Q1 26 | $29.1B | — | ||
| Q4 25 | $29.3B | $2.6B | ||
| Q3 25 | $29.2B | $2.2B | ||
| Q2 25 | $29.4B | $2.0B | ||
| Q1 25 | $29.0B | $1.8B | ||
| Q4 24 | $28.8B | $2.3B | ||
| Q3 24 | $28.1B | $2.0B | ||
| Q2 24 | $27.8B | $1.9B |
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 | — | $729.8M |
| 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 | — | 6.40× |
| 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EXRPIPR
| Q1 26 | — | — | ||
| Q4 25 | $1.9B | $729.8M | ||
| Q3 25 | $457.1M | $31.9M | ||
| Q2 25 | $543.9M | $32.1M | ||
| Q1 25 | $481.4M | $-207.2M | ||
| Q4 24 | $1.9B | $163.8M | ||
| Q3 24 | $468.4M | $80.1M | ||
| Q2 24 | $545.2M | $266.5M |
自由现金流EXRPIPR
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | — | ||
| Q3 25 | $444.2M | — | ||
| Q2 25 | $382.1M | — | ||
| Q1 25 | $345.4M | — | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $310.1M | — | ||
| Q2 24 | $517.6M | — |
自由现金流率EXRPIPR
| Q1 26 | — | — | ||
| Q4 25 | 186.5% | — | ||
| Q3 25 | 51.7% | — | ||
| Q2 25 | 45.4% | — | ||
| Q1 25 | 42.1% | — | ||
| Q4 24 | 198.2% | — | ||
| Q3 24 | 37.6% | — | ||
| Q2 24 | 63.8% | — |
资本支出强度EXRPIPR
| Q1 26 | — | — | ||
| Q4 25 | 29.3% | — | ||
| Q3 25 | 1.5% | — | ||
| Q2 25 | 19.2% | — | ||
| Q1 25 | 16.6% | — | ||
| Q4 24 | 31.4% | — | ||
| Q3 24 | 19.2% | — | ||
| Q2 24 | 3.4% | — |
现金转化率EXRPIPR
| Q1 26 | — | — | ||
| Q4 25 | 6.44× | 6.40× | ||
| Q3 25 | 2.75× | 0.53× | ||
| Q2 25 | 2.18× | 0.76× | ||
| Q1 25 | 1.78× | -3.19× | ||
| Q4 24 | 7.19× | 2.37× | ||
| Q3 24 | 2.42× | 2.30× | ||
| Q2 24 | 2.93× | 7.66× |
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
EXR
| Property rental | $733.2M | 86% |
| Tenant reinsurance | $89.1M | 10% |
| Management fees and other income | $33.7M | 4% |
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% |
