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Industrial Logistics Properties Trust（ILPT）与LiveRamp Holdings, Inc.（RAMP）财务数据对比。点击上方公司名可切换其他公司
LiveRamp Holdings, Inc.的季度营收约是Industrial Logistics Properties Trust的1.9倍（$212.2M vs $113.9M），LiveRamp Holdings, Inc.净利率更高（18.8% vs -1.6%，领先20.4%），LiveRamp Holdings, Inc.同比增速更快（8.6% vs 3.1%），过去两年LiveRamp Holdings, Inc.的营收复合增速更高（11.1% vs 0.7%）
Industrial Logistics Properties Trust是一家专注于工业与物流地产的房地产投资信托，主要在美国境内持有及运营配送中心、仓储设施与最后一公里配送物业，为电商、零售、制造及供应链运营企业提供仓储及物流运营相关配套服务。
LiveRamp Holdings, Inc.是一家美国SaaS企业，核心业务为提供数据连接平台，服务涵盖数据导入、线下数据线上迁移等能力，助力企业开展营销相关的数据应用，为品牌及营销从业者的数字化运营提供技术支撑。
ILPT vs RAMP — 直观对比
营收规模更大
RAMP
是对方的1.9倍
$113.9M
营收增速更快
RAMP
高出5.5%
3.1%
净利率更高
RAMP
高出20.4%
-1.6%
两年增速更快
RAMP
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $113.9M | $212.2M |
| 净利润 | $-1.8M | $39.9M |
| 毛利率 | — | 71.9% |
| 营业利润率 | -22.1% | 18.6% |
| 净利率 | -1.6% | 18.8% |
| 营收同比 | 3.1% | 8.6% |
| 净利润同比 | 92.6% | 255.7% |
| 每股收益（稀释后） | $-0.02 | $0.62 |
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ILPTRAMP
| Q4 25 | $113.9M | $212.2M | ||
| Q3 25 | $110.9M | $199.8M | ||
| Q2 25 | $112.1M | $194.8M | ||
| Q1 25 | $111.9M | $188.7M | ||
| Q4 24 | $110.5M | $195.4M | ||
| Q3 24 | $108.9M | $185.5M | ||
| Q2 24 | $110.6M | $176.0M | ||
| Q1 24 | $112.2M | $171.9M |
净利润ILPTRAMP
| Q4 25 | $-1.8M | $39.9M | ||
| Q3 25 | $-21.6M | $27.4M | ||
| Q2 25 | $-21.3M | $7.7M | ||
| Q1 25 | $-21.5M | $-6.3M | ||
| Q4 24 | $-24.1M | $11.2M | ||
| Q3 24 | $-25.0M | $1.7M | ||
| Q2 24 | $-23.2M | $-7.5M | ||
| Q1 24 | $-23.4M | $-5.4M |
毛利率ILPTRAMP
| Q4 25 | — | 71.9% | ||
| Q3 25 | — | 70.2% | ||
| Q2 25 | — | 70.1% | ||
| Q1 25 | — | 69.3% | ||
| Q4 24 | — | 71.9% | ||
| Q3 24 | — | 72.4% | ||
| Q2 24 | — | 70.6% | ||
| Q1 24 | — | 72.2% |
营业利润率ILPTRAMP
| Q4 25 | -22.1% | 18.6% | ||
| Q3 25 | -29.4% | 10.7% | ||
| Q2 25 | -30.8% | 3.7% | ||
| Q1 25 | -26.9% | -6.1% | ||
| Q4 24 | -31.1% | 7.5% | ||
| Q3 24 | -33.5% | 4.0% | ||
| Q2 24 | -32.4% | -3.0% | ||
| Q1 24 | -31.7% | -8.3% |
净利率ILPTRAMP
| Q4 25 | -1.6% | 18.8% | ||
| Q3 25 | -19.4% | 13.7% | ||
| Q2 25 | -19.0% | 4.0% | ||
| Q1 25 | -19.2% | -3.3% | ||
| Q4 24 | -21.8% | 5.7% | ||
| Q3 24 | -22.9% | 0.9% | ||
| Q2 24 | -20.9% | -4.3% | ||
| Q1 24 | -20.9% | -3.1% |
每股收益（稀释后）ILPTRAMP
| Q4 25 | $-0.02 | $0.62 | ||
| Q3 25 | $-0.33 | $0.42 | ||
| Q2 25 | $-0.32 | $0.12 | ||
| Q1 25 | $-0.33 | $-0.10 | ||
| Q4 24 | $-0.37 | $0.17 | ||
| Q3 24 | $-0.38 | $0.03 | ||
| Q2 24 | $-0.35 | $-0.11 | ||
| Q1 24 | $-0.36 | $-0.09 |
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 | $403.4M |
| 总债务越低越好 | $4.2B | — |
| 股东权益账面价值 | $489.7M | $962.3M |
| 总资产 | $5.2B | $1.3B |
| 负债/权益比越低杠杆越低 | 8.56× | — |
8季度趋势，按日历期对齐
现金及短期投资ILPTRAMP
| Q4 25 | $94.8M | $403.4M | ||
| Q3 25 | $83.2M | $376.9M | ||
| Q2 25 | $58.6M | $371.1M | ||
| Q1 25 | $108.0M | $420.8M | ||
| Q4 24 | $131.7M | $384.3M | ||
| Q3 24 | $153.9M | $348.4M | ||
| Q2 24 | $146.2M | $342.7M | ||
| Q1 24 | $128.4M | $368.9M |
总债务ILPTRAMP
| Q4 25 | $4.2B | — | ||
| Q3 25 | $4.2B | — | ||
| Q2 25 | $4.2B | — | ||
| Q1 25 | $4.3B | — | ||
| Q4 24 | $4.3B | — | ||
| Q3 24 | $4.3B | — | ||
| Q2 24 | $4.3B | — | ||
| Q1 24 | $4.3B | — |
股东权益ILPTRAMP
| Q4 25 | $489.7M | $962.3M | ||
| Q3 25 | $494.1M | $943.8M | ||
| Q2 25 | $519.1M | $947.8M | ||
| Q1 25 | $539.5M | $948.9M | ||
| Q4 24 | $562.0M | $957.7M | ||
| Q3 24 | $585.9M | $932.1M | ||
| Q2 24 | $618.3M | $951.9M | ||
| Q1 24 | $643.2M | $949.1M |
总资产ILPTRAMP
| Q4 25 | $5.2B | $1.3B | ||
| Q3 25 | $5.2B | $1.2B | ||
| Q2 25 | $5.2B | $1.2B | ||
| Q1 25 | $5.4B | $1.3B | ||
| Q4 24 | $5.4B | $1.3B | ||
| Q3 24 | $5.5B | $1.2B | ||
| Q2 24 | $5.5B | $1.2B | ||
| Q1 24 | $5.5B | $1.2B |
负债/权益比ILPTRAMP
| Q4 25 | 8.56× | — | ||
| Q3 25 | 8.49× | — | ||
| Q2 25 | 8.09× | — | ||
| Q1 25 | 7.96× | — | ||
| Q4 24 | 7.65× | — | ||
| Q3 24 | 7.35× | — | ||
| Q2 24 | 6.96× | — | ||
| Q1 24 | 6.70× | — |
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 | $60.7M | — |
| 自由现金流经营现金流 - 资本支出 | $42.0M | — |
| 自由现金流率自由现金流/营收 | 36.9% | — |
| 资本支出强度资本支出/营收 | 16.4% | 0.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $79.8M | — |
8季度趋势，按日历期对齐
经营现金流ILPTRAMP
| Q4 25 | $60.7M | — | ||
| Q3 25 | $22.7M | $57.4M | ||
| Q2 25 | $18.4M | $-15.8M | ||
| Q1 25 | $11.4M | — | ||
| Q4 24 | $2.0M | $45.1M | ||
| Q3 24 | $-3.4M | $55.6M | ||
| Q2 24 | $10.8M | $-9.3M | ||
| Q1 24 | $8.0M | — |
自由现金流ILPTRAMP
| Q4 25 | $42.0M | — | ||
| Q3 25 | $17.6M | $56.8M | ||
| Q2 25 | $15.2M | $-16.2M | ||
| Q1 25 | $5.0M | — | ||
| Q4 24 | $-3.7M | $44.8M | ||
| Q3 24 | $-5.9M | $55.4M | ||
| Q2 24 | $9.4M | $-9.6M | ||
| Q1 24 | $5.9M | — |
自由现金流率ILPTRAMP
| Q4 25 | 36.9% | — | ||
| Q3 25 | 15.9% | 28.4% | ||
| Q2 25 | 13.5% | -8.3% | ||
| Q1 25 | 4.5% | — | ||
| Q4 24 | -3.4% | 22.9% | ||
| Q3 24 | -5.5% | 29.8% | ||
| Q2 24 | 8.5% | -5.4% | ||
| Q1 24 | 5.2% | — |
资本支出强度ILPTRAMP
| Q4 25 | 16.4% | 0.1% | ||
| Q3 25 | 4.6% | 0.3% | ||
| Q2 25 | 2.9% | 0.2% | ||
| Q1 25 | 5.7% | 0.2% | ||
| Q4 24 | 5.2% | 0.1% | ||
| Q3 24 | 2.3% | 0.1% | ||
| Q2 24 | 1.3% | 0.1% | ||
| Q1 24 | 1.9% | 1.0% |
现金转化率ILPTRAMP
| Q4 25 | — | — | ||
| Q3 25 | — | 2.09× | ||
| Q2 25 | — | -2.04× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.02× | ||
| Q3 24 | — | 32.10× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
