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Liberty Energy Inc.（LBRT）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
Liberty Energy Inc.的季度营收约是PIPER SANDLER COMPANIES的1.5倍（$1.0B vs $667.0M），PIPER SANDLER COMPANIES净利率更高（17.1% vs 2.2%，领先14.9%），PIPER SANDLER COMPANIES同比增速更快（37.4% vs 4.5%），过去两年PIPER SANDLER COMPANIES的营收复合增速更高（39.2% vs -6.2%）
Liberty Energy Inc.是北美领先的能源服务供应商，专注为油气运营企业提供水力压裂及完井解决方案，服务覆盖美国主要页岩产区，供应低排放作业设备及定制化支持，帮助提升油气井生产效率。
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。
LBRT vs PIPR — 直观对比
营收规模更大
LBRT
是对方的1.5倍
$667.0M
营收增速更快
PIPR
高出32.9%
4.5%
净利率更高
PIPR
高出14.9%
2.2%
两年增速更快
PIPR
近两年复合增速
-6.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $667.0M |
| 净利润 | $22.6M | $114.0M |
| 毛利率 | — | — |
| 营业利润率 | 2.2% | 28.3% |
| 净利率 | 2.2% | 17.1% |
| 营收同比 | 4.5% | 37.4% |
| 净利润同比 | 64.8% | 65.0% |
| 每股收益（稀释后） | $0.14 | $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LBRTPIPR
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.0B | $667.0M | ||
| Q3 25 | $947.4M | $480.1M | ||
| Q2 25 | $1.0B | $398.6M | ||
| Q1 25 | $977.5M | $358.6M | ||
| Q4 24 | $943.6M | $485.4M | ||
| Q3 24 | $1.1B | $360.9M | ||
| Q2 24 | $1.2B | $340.8M |
净利润LBRTPIPR
| Q1 26 | $22.6M | — | ||
| Q4 25 | $13.7M | $114.0M | ||
| Q3 25 | $43.1M | $60.3M | ||
| Q2 25 | $71.0M | $42.2M | ||
| Q1 25 | $20.1M | $64.9M | ||
| Q4 24 | $51.9M | $69.1M | ||
| Q3 24 | $73.8M | $34.8M | ||
| Q2 24 | $108.4M | $34.8M |
毛利率LBRTPIPR
| Q1 26 | — | — | ||
| Q4 25 | 20.6% | — | ||
| Q3 25 | 18.7% | — | ||
| Q2 25 | 22.1% | — | ||
| Q1 25 | 22.1% | — | ||
| Q4 24 | 21.4% | — | ||
| Q3 24 | 26.2% | — | ||
| Q2 24 | 27.9% | — |
营业利润率LBRTPIPR
| Q1 26 | 2.2% | — | ||
| Q4 25 | 1.9% | 28.3% | ||
| Q3 25 | -0.3% | 22.4% | ||
| Q2 25 | 3.6% | 12.3% | ||
| Q1 25 | 1.9% | 8.2% | ||
| Q4 24 | 2.6% | 16.9% | ||
| Q3 24 | 9.4% | 15.4% | ||
| Q2 24 | 12.2% | 8.3% |
净利率LBRTPIPR
| Q1 26 | 2.2% | — | ||
| Q4 25 | 1.3% | 17.1% | ||
| Q3 25 | 4.5% | 12.6% | ||
| Q2 25 | 6.8% | 10.6% | ||
| Q1 25 | 2.1% | 18.1% | ||
| Q4 24 | 5.5% | 14.2% | ||
| Q3 24 | 6.5% | 9.6% | ||
| Q2 24 | 9.3% | 10.2% |
每股收益（稀释后）LBRTPIPR
| Q1 26 | $0.14 | — | ||
| Q4 25 | $0.08 | $6.41 | ||
| Q3 25 | $0.26 | $3.38 | ||
| Q2 25 | $0.43 | $2.38 | ||
| Q1 25 | $0.12 | $3.65 | ||
| Q4 24 | $0.31 | $3.88 | ||
| Q3 24 | $0.44 | $1.96 | ||
| Q2 24 | $0.64 | $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 | $699.1M | — |
| 总债务越低越好 | $7.1M | — |
| 股东权益账面价值 | $1.9B | $1.4B |
| 总资产 | $4.4B | $2.6B |
| 负债/权益比越低杠杆越低 | 0.00× | — |
8季度趋势，按日历期对齐
现金及短期投资LBRTPIPR
| Q1 26 | $699.1M | — | ||
| Q4 25 | $27.6M | — | ||
| Q3 25 | $13.5M | — | ||
| Q2 25 | $19.6M | — | ||
| Q1 25 | $24.1M | — | ||
| Q4 24 | $20.0M | — | ||
| Q3 24 | $23.0M | — | ||
| Q2 24 | $30.0M | — |
总债务LBRTPIPR
| Q1 26 | $7.1M | — | ||
| Q4 25 | $246.6M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $190.5M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益LBRTPIPR
| Q1 26 | $1.9B | — | ||
| Q4 25 | $2.1B | $1.4B | ||
| Q3 25 | $2.1B | $1.3B | ||
| Q2 25 | $2.0B | $1.2B | ||
| Q1 25 | $2.0B | $1.2B | ||
| Q4 24 | $2.0B | $1.2B | ||
| Q3 24 | $2.0B | $1.2B | ||
| Q2 24 | $1.9B | $1.1B |
总资产LBRTPIPR
| Q1 26 | $4.4B | — | ||
| Q4 25 | $3.6B | $2.6B | ||
| Q3 25 | $3.5B | $2.2B | ||
| Q2 25 | $3.4B | $2.0B | ||
| Q1 25 | $3.4B | $1.8B | ||
| Q4 24 | $3.3B | $2.3B | ||
| Q3 24 | $3.3B | $2.0B | ||
| Q2 24 | $3.2B | $1.9B |
负债/权益比LBRTPIPR
| Q1 26 | 0.00× | — | ||
| Q4 25 | 0.12× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.10× | — | ||
| 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 | — | $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 | 13.1% | — |
| 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LBRTPIPR
| Q1 26 | — | — | ||
| Q4 25 | $195.4M | $729.8M | ||
| Q3 25 | $51.5M | $31.9M | ||
| Q2 25 | $170.6M | $32.1M | ||
| Q1 25 | $192.1M | $-207.2M | ||
| Q4 24 | $177.3M | $163.8M | ||
| Q3 24 | $244.5M | $80.1M | ||
| Q2 24 | $248.2M | $266.5M |
自由现金流LBRTPIPR
| Q1 26 | — | — | ||
| Q4 25 | $-10.0M | — | ||
| Q3 25 | $-67.2M | — | ||
| Q2 25 | $33.1M | — | ||
| Q1 25 | $58.2M | — | ||
| Q4 24 | $-26.2M | — | ||
| Q3 24 | $77.9M | — | ||
| Q2 24 | $112.2M | — |
自由现金流率LBRTPIPR
| Q1 26 | — | — | ||
| Q4 25 | -1.0% | — | ||
| Q3 25 | -7.1% | — | ||
| Q2 25 | 3.2% | — | ||
| Q1 25 | 6.0% | — | ||
| Q4 24 | -2.8% | — | ||
| Q3 24 | 6.8% | — | ||
| Q2 24 | 9.7% | — |
资本支出强度LBRTPIPR
| Q1 26 | 13.1% | — | ||
| Q4 25 | 19.8% | — | ||
| Q3 25 | 12.5% | — | ||
| Q2 25 | 13.2% | — | ||
| Q1 25 | 13.7% | — | ||
| Q4 24 | 21.6% | — | ||
| Q3 24 | 14.6% | — | ||
| Q2 24 | 11.7% | — |
现金转化率LBRTPIPR
| Q1 26 | — | — | ||
| Q4 25 | 14.28× | 6.40× | ||
| Q3 25 | 1.20× | 0.53× | ||
| Q2 25 | 2.40× | 0.76× | ||
| Q1 25 | 9.55× | -3.19× | ||
| Q4 24 | 3.42× | 2.37× | ||
| Q3 24 | 3.31× | 2.30× | ||
| Q2 24 | 2.29× | 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
LBRT
暂无分部数据
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% |
