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LTC PROPERTIES INC（LTC）与PDF SOLUTIONS INC（PDFS）财务数据对比。点击上方公司名可切换其他公司
LTC PROPERTIES INC的季度营收约是PDF SOLUTIONS INC的1.4倍（$84.3M vs $62.4M），LTC PROPERTIES INC净利率更高（123.0% vs -0.1%，领先123.0%），LTC PROPERTIES INC同比增速更快（60.3% vs 24.6%），LTC PROPERTIES INC自由现金流更多（$128.7M vs $7.5M），过去两年LTC PROPERTIES INC的营收复合增速更高（28.1% vs 22.9%）
LTC Properties Inc是一家总部位于美国的房地产投资信托企业，核心业务为持有、融资及运营老年住宅与医疗相关不动产，投资组合涵盖辅助生活设施、专业护理物业、记忆照护中心及独立生活社区，服务美国养老与医疗领域运营方。
PDF Solutions Inc是一家总部位于美国加利福尼亚州圣克拉拉的跨国企业，主营软件业务与工程技术服务，目前在纳斯达克交易所挂牌上市，股票代码为PDFS。
LTC vs PDFS — 直观对比
营收规模更大
LTC
是对方的1.4倍
$62.4M
营收增速更快
LTC
高出35.7%
24.6%
净利率更高
LTC
高出123.0%
-0.1%
自由现金流更多
LTC
多$121.2M
$7.5M
两年增速更快
LTC
近两年复合增速
22.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $84.3M | $62.4M |
| 净利润 | $103.7M | $-48.0K |
| 毛利率 | — | 72.9% |
| 营业利润率 | — | 5.5% |
| 净利率 | 123.0% | -0.1% |
| 营收同比 | 60.3% | 24.6% |
| 净利润同比 | 429.1% | -108.9% |
| 每股收益（稀释后） | $2.19 | $0.00 |
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LTCPDFS
| Q4 25 | $84.3M | $62.4M | ||
| Q3 25 | $69.3M | $57.1M | ||
| Q2 25 | $60.2M | $51.7M | ||
| Q1 25 | $49.0M | $47.8M | ||
| Q4 24 | $52.6M | $50.1M | ||
| Q3 24 | $55.8M | $46.4M | ||
| Q2 24 | $50.1M | $41.7M | ||
| Q1 24 | $51.4M | $41.3M |
净利润LTCPDFS
| Q4 25 | $103.7M | $-48.0K | ||
| Q3 25 | $-20.0M | $1.3M | ||
| Q2 25 | $15.1M | $1.1M | ||
| Q1 25 | $20.7M | $-3.0M | ||
| Q4 24 | $19.6M | $539.0K | ||
| Q3 24 | $29.4M | $2.2M | ||
| Q2 24 | $19.4M | $1.7M | ||
| Q1 24 | $24.2M | $-393.0K |
毛利率LTCPDFS
| Q4 25 | — | 72.9% | ||
| Q3 25 | — | 72.3% | ||
| Q2 25 | — | 71.2% | ||
| Q1 25 | — | 72.9% | ||
| Q4 24 | — | 68.3% | ||
| Q3 24 | — | 73.1% | ||
| Q2 24 | — | 70.6% | ||
| Q1 24 | — | 67.3% |
营业利润率LTCPDFS
| Q4 25 | — | 5.5% | ||
| Q3 25 | 71.9% | 8.5% | ||
| Q2 25 | 80.5% | 2.2% | ||
| Q1 25 | 37.8% | -7.4% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | 95.5% | 4.6% | ||
| Q2 24 | 38.0% | 0.6% | ||
| Q1 24 | 47.3% | -4.7% |
净利率LTCPDFS
| Q4 25 | 123.0% | -0.1% | ||
| Q3 25 | -28.9% | 2.3% | ||
| Q2 25 | 25.1% | 2.2% | ||
| Q1 25 | 42.2% | -6.3% | ||
| Q4 24 | 37.3% | 1.1% | ||
| Q3 24 | 52.6% | 4.8% | ||
| Q2 24 | 38.6% | 4.1% | ||
| Q1 24 | 47.2% | -1.0% |
每股收益（稀释后）LTCPDFS
| Q4 25 | $2.19 | $0.00 | ||
| Q3 25 | $-0.44 | $0.03 | ||
| Q2 25 | $0.32 | $0.03 | ||
| Q1 25 | $0.45 | $-0.08 | ||
| Q4 24 | $0.38 | $0.01 | ||
| Q3 24 | $0.66 | $0.06 | ||
| Q2 24 | $0.44 | $0.04 | ||
| Q1 24 | $0.56 | $-0.01 |
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 | $14.4M | $42.2M |
| 总债务越低越好 | $842.2M | $67.0M |
| 股东权益账面价值 | $1.1B | $271.0M |
| 总资产 | $2.1B | $418.7M |
| 负债/权益比越低杠杆越低 | 0.78× | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资LTCPDFS
| Q4 25 | $14.4M | $42.2M | ||
| Q3 25 | $17.9M | $35.9M | ||
| Q2 25 | $7.6M | $40.4M | ||
| Q1 25 | $23.3M | $54.1M | ||
| Q4 24 | $9.4M | $114.9M | ||
| Q3 24 | $35.0M | $120.2M | ||
| Q2 24 | $6.2M | $117.9M | ||
| Q1 24 | $9.0M | $122.9M |
总债务LTCPDFS
| Q4 25 | $842.2M | $67.0M | ||
| Q3 25 | $944.5M | $67.6M | ||
| Q2 25 | $696.5M | $68.1M | ||
| Q1 25 | $682.2M | $68.7M | ||
| Q4 24 | $684.6M | — | ||
| Q3 24 | $785.3M | — | ||
| Q2 24 | $861.0M | — | ||
| Q1 24 | $860.2M | — |
股东权益LTCPDFS
| Q4 25 | $1.1B | $271.0M | ||
| Q3 25 | $957.9M | $264.4M | ||
| Q2 25 | $957.5M | $257.5M | ||
| Q1 25 | $961.9M | $249.0M | ||
| Q4 24 | $960.6M | $246.0M | ||
| Q3 24 | $947.8M | $240.5M | ||
| Q2 24 | $889.1M | $232.2M | ||
| Q1 24 | $886.2M | $225.4M |
总资产LTCPDFS
| Q4 25 | $2.1B | $418.7M | ||
| Q3 25 | $2.0B | $406.4M | ||
| Q2 25 | $1.8B | $391.1M | ||
| Q1 25 | $1.8B | $390.0M | ||
| Q4 24 | $1.8B | $315.3M | ||
| Q3 24 | $1.9B | $307.4M | ||
| Q2 24 | $1.9B | $298.0M | ||
| Q1 24 | $1.8B | $286.8M |
负债/权益比LTCPDFS
| Q4 25 | 0.78× | 0.25× | ||
| Q3 25 | 0.99× | 0.26× | ||
| Q2 25 | 0.73× | 0.26× | ||
| Q1 25 | 0.71× | 0.28× | ||
| Q4 24 | 0.71× | — | ||
| Q3 24 | 0.83× | — | ||
| Q2 24 | 0.97× | — | ||
| Q1 24 | 0.97× | — |
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 | $136.0M | $17.3M |
| 自由现金流经营现金流 - 资本支出 | $128.7M | $7.5M |
| 自由现金流率自由现金流/营收 | 152.7% | 12.1% |
| 资本支出强度资本支出/营收 | 8.6% | 15.7% |
| 现金转化率经营现金流/净利润 | 1.31× | — |
| 过去12个月自由现金流最近4个季度 | $220.1M | $-8.6M |
8季度趋势，按日历期对齐
经营现金流LTCPDFS
| Q4 25 | $136.0M | $17.3M | ||
| Q3 25 | $38.4M | $3.3M | ||
| Q2 25 | $30.0M | $-5.2M | ||
| Q1 25 | $29.6M | $8.6M | ||
| Q4 24 | $125.9M | $1.6M | ||
| Q3 24 | $34.0M | $9.3M | ||
| Q2 24 | $37.0M | $684.0K | ||
| Q1 24 | $21.1M | $-1.9M |
自由现金流LTCPDFS
| Q4 25 | $128.7M | $7.5M | ||
| Q3 25 | $34.3M | $-2.9M | ||
| Q2 25 | $28.9M | $-13.8M | ||
| Q1 25 | $28.2M | $535.0K | ||
| Q4 24 | $112.2M | $-4.0M | ||
| Q3 24 | $27.7M | $5.1M | ||
| Q2 24 | $34.7M | $-4.6M | ||
| Q1 24 | $19.7M | $-3.9M |
自由现金流率LTCPDFS
| Q4 25 | 152.7% | 12.1% | ||
| Q3 25 | 49.4% | -5.1% | ||
| Q2 25 | 47.9% | -26.6% | ||
| Q1 25 | 57.6% | 1.1% | ||
| Q4 24 | 213.4% | -8.0% | ||
| Q3 24 | 49.7% | 11.0% | ||
| Q2 24 | 69.1% | -11.1% | ||
| Q1 24 | 38.4% | -9.4% |
资本支出强度LTCPDFS
| Q4 25 | 8.6% | 15.7% | ||
| Q3 25 | 6.0% | 10.8% | ||
| Q2 25 | 1.9% | 16.5% | ||
| Q1 25 | 2.7% | 17.0% | ||
| Q4 24 | 26.0% | 11.3% | ||
| Q3 24 | 11.2% | 9.0% | ||
| Q2 24 | 4.6% | 12.8% | ||
| Q1 24 | 2.6% | 4.9% |
现金转化率LTCPDFS
| Q4 25 | 1.31× | — | ||
| Q3 25 | — | 2.54× | ||
| Q2 25 | 1.99× | -4.55× | ||
| Q1 25 | 1.43× | — | ||
| Q4 24 | 6.43× | 2.98× | ||
| Q3 24 | 1.16× | 4.20× | ||
| Q2 24 | 1.91× | 0.40× | ||
| Q1 24 | 0.87× | — |
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
LTC
| Seniors Housing Operating Portfolio Segment | $72.1M | 86% |
| Other | $12.2M | 14% |
PDFS
| Volumebased | $38.0M | 61% |
| Other | $24.4M | 39% |
