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Hilltop Holdings Inc.（HTH）与PROGRESS SOFTWARE CORP（PRGS）财务数据对比。点击上方公司名可切换其他公司
Hilltop Holdings Inc.的季度营收约是PROGRESS SOFTWARE CORP的1.2倍（$300.5M vs $252.7M），Hilltop Holdings Inc.净利率更高（13.0% vs 10.2%，领先2.8%），过去两年PROGRESS SOFTWARE CORP的营收复合增速更高（17.0% vs 0.6%）
Hilltop Holdings Inc.是总部位于美国得克萨斯州达拉斯的金融控股公司，旗下拥有PlainsCapital Bank、PrimeLending与HilltopSecurities三大核心子公司，为客户提供多元金融产品及银行相关服务。
Progress Software是全球领先的企业级软件服务商，主营应用开发平台、数据连接工具、数字体验解决方案等产品，服务覆盖金融、医疗、制造、零售等多行业的全球企业客户，助力客户搭建高性能可扩展的业务应用，提升运营效率。
HTH vs PRGS — 直观对比
营收规模更大
HTH
是对方的1.2倍
$252.7M
净利率更高
HTH
高出2.8%
10.2%
两年增速更快
PRGS
近两年复合增速
0.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $300.5M | $252.7M |
| 净利润 | $39.0M | $25.7M |
| 毛利率 | — | 81.6% |
| 营业利润率 | — | 15.2% |
| 净利率 | 13.0% | 10.2% |
| 营收同比 | — | 17.5% |
| 净利润同比 | -12.4% | 2144.6% |
| 每股收益（稀释后） | $0.64 | $0.59 |
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HTHPRGS
| Q1 26 | $300.5M | — | ||
| Q4 25 | $329.9M | $252.7M | ||
| Q3 25 | $330.2M | $249.8M | ||
| Q2 25 | $303.3M | $237.4M | ||
| Q1 25 | $318.5M | $238.0M | ||
| Q4 24 | $301.1M | $215.0M | ||
| Q3 24 | $305.5M | $178.7M | ||
| Q2 24 | $297.0M | $175.1M |
净利润HTHPRGS
| Q1 26 | $39.0M | — | ||
| Q4 25 | $41.6M | $25.7M | ||
| Q3 25 | $45.8M | $19.4M | ||
| Q2 25 | $36.1M | $17.0M | ||
| Q1 25 | $42.1M | $10.9M | ||
| Q4 24 | $35.5M | $1.1M | ||
| Q3 24 | $29.7M | $28.5M | ||
| Q2 24 | $20.3M | $16.2M |
毛利率HTHPRGS
| Q1 26 | — | — | ||
| Q4 25 | — | 81.6% | ||
| Q3 25 | — | 81.0% | ||
| Q2 25 | — | 80.1% | ||
| Q1 25 | — | 80.6% | ||
| Q4 24 | — | 83.0% | ||
| Q3 24 | — | 83.7% | ||
| Q2 24 | — | 81.7% |
营业利润率HTHPRGS
| Q1 26 | — | — | ||
| Q4 25 | 16.1% | 15.2% | ||
| Q3 25 | 18.4% | 17.6% | ||
| Q2 25 | 16.3% | 16.3% | ||
| Q1 25 | 18.1% | 13.6% | ||
| Q4 24 | 14.7% | 10.0% | ||
| Q3 24 | 13.9% | 22.6% | ||
| Q2 24 | 10.0% | 15.5% |
净利率HTHPRGS
| Q1 26 | 13.0% | — | ||
| Q4 25 | 12.6% | 10.2% | ||
| Q3 25 | 13.9% | 7.8% | ||
| Q2 25 | 11.9% | 7.2% | ||
| Q1 25 | 13.2% | 4.6% | ||
| Q4 24 | 11.8% | 0.5% | ||
| Q3 24 | 9.7% | 15.9% | ||
| Q2 24 | 6.8% | 9.2% |
每股收益（稀释后）HTHPRGS
| Q1 26 | $0.64 | — | ||
| Q4 25 | $0.68 | $0.59 | ||
| Q3 25 | $0.74 | $0.44 | ||
| Q2 25 | $0.57 | $0.39 | ||
| Q1 25 | $0.65 | $0.24 | ||
| Q4 24 | $0.55 | $0.01 | ||
| Q3 24 | $0.46 | $0.65 | ||
| Q2 24 | $0.31 | $0.37 |
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 | — | $94.8M |
| 总债务越低越好 | $990.8M | $1.4B |
| 股东权益账面价值 | $2.2B | $478.3M |
| 总资产 | $15.7B | $2.5B |
| 负债/权益比越低杠杆越低 | 0.46× | 2.93× |
8季度趋势，按日历期对齐
现金及短期投资HTHPRGS
| Q1 26 | — | — | ||
| Q4 25 | — | $94.8M | ||
| Q3 25 | — | $99.0M | ||
| Q2 25 | — | $102.0M | ||
| Q1 25 | — | $124.2M | ||
| Q4 24 | — | $118.1M | ||
| Q3 24 | — | $232.7M | ||
| Q2 24 | — | $190.4M |
总债务HTHPRGS
| Q1 26 | $990.8M | — | ||
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益HTHPRGS
| Q1 26 | $2.2B | — | ||
| Q4 25 | $2.2B | $478.3M | ||
| Q3 25 | $2.2B | $477.7M | ||
| Q2 25 | $2.2B | $452.7M | ||
| Q1 25 | $2.2B | $431.8M | ||
| Q4 24 | $2.2B | $438.8M | ||
| Q3 24 | $2.2B | $425.6M | ||
| Q2 24 | $2.1B | $401.7M |
总资产HTHPRGS
| Q1 26 | $15.7B | — | ||
| Q4 25 | $15.8B | $2.5B | ||
| Q3 25 | $15.6B | $2.4B | ||
| Q2 25 | $15.4B | $2.4B | ||
| Q1 25 | $15.8B | $2.5B | ||
| Q4 24 | $16.3B | $2.5B | ||
| Q3 24 | $15.9B | $1.6B | ||
| Q2 24 | $15.6B | $1.6B |
负债/权益比HTHPRGS
| Q1 26 | 0.46× | — | ||
| Q4 25 | — | 2.93× | ||
| Q3 25 | — | 2.97× | ||
| Q2 25 | — | 3.22× | ||
| Q1 25 | — | 3.50× | ||
| Q4 24 | — | 3.48× | ||
| 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 | — | $62.8M |
| 自由现金流经营现金流 - 资本支出 | — | $59.9M |
| 自由现金流率自由现金流/营收 | — | 23.7% |
| 资本支出强度资本支出/营收 | — | 1.1% |
| 现金转化率经营现金流/净利润 | — | 2.44× |
| 过去12个月自由现金流最近4个季度 | — | $229.5M |
8季度趋势，按日历期对齐
经营现金流HTHPRGS
| Q1 26 | — | — | ||
| Q4 25 | $-38.7M | $62.8M | ||
| Q3 25 | $273.0M | $73.4M | ||
| Q2 25 | $-234.6M | $30.0M | ||
| Q1 25 | $5.8M | $68.9M | ||
| Q4 24 | $273.9M | $19.7M | ||
| Q3 24 | $515.6M | $57.7M | ||
| Q2 24 | $-435.3M | $63.7M |
自由现金流HTHPRGS
| Q1 26 | — | — | ||
| Q4 25 | $-55.5M | $59.9M | ||
| Q3 25 | $271.0M | $72.4M | ||
| Q2 25 | $-234.6M | $29.5M | ||
| Q1 25 | $5.0M | $67.7M | ||
| Q4 24 | $266.8M | $16.8M | ||
| Q3 24 | $513.8M | $56.6M | ||
| Q2 24 | $-437.3M | $62.7M |
自由现金流率HTHPRGS
| Q1 26 | — | — | ||
| Q4 25 | -16.8% | 23.7% | ||
| Q3 25 | 82.1% | 29.0% | ||
| Q2 25 | -77.4% | 12.4% | ||
| Q1 25 | 1.6% | 28.4% | ||
| Q4 24 | 88.6% | 7.8% | ||
| Q3 24 | 168.2% | 31.7% | ||
| Q2 24 | -147.2% | 35.8% |
资本支出强度HTHPRGS
| Q1 26 | — | — | ||
| Q4 25 | 5.1% | 1.1% | ||
| Q3 25 | 0.6% | 0.4% | ||
| Q2 25 | 0.0% | 0.2% | ||
| Q1 25 | 0.3% | 0.5% | ||
| Q4 24 | 2.4% | 1.3% | ||
| Q3 24 | 0.6% | 0.6% | ||
| Q2 24 | 0.7% | 0.5% |
现金转化率HTHPRGS
| Q1 26 | — | — | ||
| Q4 25 | -0.93× | 2.44× | ||
| Q3 25 | 5.96× | 3.78× | ||
| Q2 25 | -6.50× | 1.76× | ||
| Q1 25 | 0.14× | 6.30× | ||
| Q4 24 | 7.71× | 17.13× | ||
| Q3 24 | 17.36× | 2.03× | ||
| Q2 24 | -21.41× | 3.93× |
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
HTH
| Noninterest Income | $188.4M | 63% |
| Net Interest Income | $112.1M | 37% |
PRGS
| Maintenanceand Services | $187.5M | 74% |
| Share File Acquisition | $67.5M | 27% |
