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ANNALY CAPITAL MANAGEMENT INC（NLY）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
ANNALY CAPITAL MANAGEMENT INC的季度营收约是LiveRamp Holdings, Inc.的1.7倍（$366.6M vs $212.2M），ANNALY CAPITAL MANAGEMENT INC净利率更高（276.5% vs 18.8%，领先257.7%），ANNALY CAPITAL MANAGEMENT INC同比增速更快（95.7% vs 8.6%），过去两年ANNALY CAPITAL MANAGEMENT INC的营收复合增速更高（14.8% vs 11.1%）
Annaly Capital Management是全球规模最大的抵押型房地产投资信托之一，注册地位于美国马里兰州，总部设立于纽约市，专注于抵押类不动产相关资产的投资运营，在北美地产投资领域具备丰富经验与较高市场认可度。
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。
NLY vs RAMP — 直观对比
营收规模更大
NLY
是对方的1.7倍
$212.2M
营收增速更快
NLY
高出87.1%
8.6%
净利率更高
NLY
高出257.7%
18.8%
两年增速更快
NLY
近两年复合增速
11.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $366.6M | $212.2M |
| 净利润 | $1.0B | $39.9M |
| 毛利率 | — | 71.9% |
| 营业利润率 | — | 18.6% |
| 净利率 | 276.5% | 18.8% |
| 营收同比 | 95.7% | 8.6% |
| 净利润同比 | 110.2% | 255.7% |
| 每股收益（稀释后） | $1.54 | $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NLYRAMP
| Q4 25 | $366.6M | $212.2M | ||
| Q3 25 | $275.8M | $199.8M | ||
| Q2 25 | $273.2M | $194.8M | ||
| Q1 25 | $220.0M | $188.7M | ||
| Q4 24 | $187.3M | $195.4M | ||
| Q3 24 | — | $185.5M | ||
| Q2 24 | — | $176.0M | ||
| Q1 24 | $-6.5M | $171.9M |
净利润NLYRAMP
| Q4 25 | $1.0B | $39.9M | ||
| Q3 25 | $832.4M | $27.4M | ||
| Q2 25 | $57.1M | $7.7M | ||
| Q1 25 | $124.2M | $-6.3M | ||
| Q4 24 | $482.1M | $11.2M | ||
| Q3 24 | — | $1.7M | ||
| Q2 24 | — | $-7.5M | ||
| Q1 24 | $462.9M | $-5.4M |
毛利率NLYRAMP
| 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NLYRAMP
| Q4 25 | — | 18.6% | ||
| Q3 25 | — | 10.7% | ||
| Q2 25 | 22.3% | 3.7% | ||
| Q1 25 | 63.0% | -6.1% | ||
| Q4 24 | — | 7.5% | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | — | -3.0% | ||
| Q1 24 | — | -8.3% |
净利率NLYRAMP
| Q4 25 | 276.5% | 18.8% | ||
| Q3 25 | 301.9% | 13.7% | ||
| Q2 25 | 20.9% | 4.0% | ||
| Q1 25 | 56.5% | -3.3% | ||
| Q4 24 | 257.4% | 5.7% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | -4.3% | ||
| Q1 24 | -7175.5% | -3.1% |
每股收益（稀释后）NLYRAMP
| Q4 25 | $1.54 | $0.62 | ||
| Q3 25 | $1.20 | $0.42 | ||
| Q2 25 | $0.03 | $0.12 | ||
| Q1 25 | $0.15 | $-0.10 | ||
| Q4 24 | $0.81 | $0.17 | ||
| Q3 24 | — | $0.03 | ||
| Q2 24 | — | $-0.11 | ||
| Q1 24 | $0.85 | $-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 | — | $403.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $16.1B | $962.3M |
| 总资产 | $135.6B | $1.3B |
| 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NLYRAMP
| Q4 25 | — | $403.4M | ||
| Q3 25 | — | $376.9M | ||
| Q2 25 | — | $371.1M | ||
| Q1 25 | — | $420.8M | ||
| Q4 24 | — | $384.3M | ||
| Q3 24 | — | $348.4M | ||
| Q2 24 | — | $342.7M | ||
| Q1 24 | — | $368.9M |
股东权益NLYRAMP
| Q4 25 | $16.1B | $962.3M | ||
| Q3 25 | $14.9B | $943.8M | ||
| Q2 25 | $13.4B | $947.8M | ||
| Q1 25 | $13.0B | $948.9M | ||
| Q4 24 | $12.6B | $957.7M | ||
| Q3 24 | — | $932.1M | ||
| Q2 24 | — | $951.9M | ||
| Q1 24 | $11.4B | $949.1M |
总资产NLYRAMP
| Q4 25 | $135.6B | $1.3B | ||
| Q3 25 | $125.9B | $1.2B | ||
| Q2 25 | $112.1B | $1.2B | ||
| Q1 25 | $105.1B | $1.3B | ||
| Q4 24 | $103.6B | $1.3B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | $91.5B | $1.2B |
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 | $692.9M | — |
| 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 | — | 0.1% |
| 现金转化率经营现金流/净利润 | 0.68× | — |
| 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NLYRAMP
| Q4 25 | $692.9M | — | ||
| Q3 25 | $24.1M | $57.4M | ||
| Q2 25 | $180.7M | $-15.8M | ||
| Q1 25 | $-156.3M | — | ||
| Q4 24 | $3.3B | $45.1M | ||
| Q3 24 | — | $55.6M | ||
| Q2 24 | — | $-9.3M | ||
| Q1 24 | $1.7B | — |
自由现金流NLYRAMP
| Q4 25 | — | — | ||
| Q3 25 | — | $56.8M | ||
| Q2 25 | — | $-16.2M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $44.8M | ||
| Q3 24 | — | $55.4M | ||
| Q2 24 | — | $-9.6M | ||
| Q1 24 | — | — |
自由现金流率NLYRAMP
| Q4 25 | — | — | ||
| Q3 25 | — | 28.4% | ||
| Q2 25 | — | -8.3% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 22.9% | ||
| Q3 24 | — | 29.8% | ||
| Q2 24 | — | -5.4% | ||
| Q1 24 | — | — |
资本支出强度NLYRAMP
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 1.0% |
现金转化率NLYRAMP
| Q4 25 | 0.68× | — | ||
| Q3 25 | 0.03× | 2.09× | ||
| Q2 25 | 3.17× | -2.04× | ||
| Q1 25 | -1.26× | — | ||
| Q4 24 | 6.87× | 4.02× | ||
| Q3 24 | — | 32.10× | ||
| Q2 24 | — | — | ||
| Q1 24 | 3.67× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
