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OUTFRONT Media Inc.（OUT）与Paylocity Holding Corp（PCTY）财务数据对比。点击上方公司名可切换其他公司
OUTFRONT Media Inc.的季度营收约是Paylocity Holding Corp的1.3倍（$513.3M vs $387.0M），OUTFRONT Media Inc.净利率更高（18.9% vs 13.0%，领先5.9%），Paylocity Holding Corp同比增速更快（11.3% vs 4.1%），Paylocity Holding Corp自由现金流更多（$113.6M vs $93.3M），过去两年OUTFRONT Media Inc.的营收复合增速更高（12.1% vs 2.7%）
OUTFRONT Media Inc.是一家美国广告企业，业务覆盖美国本土，由首席执行官Nick Brien领导美洲区业务，核心经营广告牌及公共交通展示广告两大业务板块，是户外广告领域的重要参与者。
Paylocity Holding Corp是美国领先的云端人力资源管理服务商，核心产品覆盖薪资核算、支出管理及人力资本管理（HCM）类SaaS软件，可帮助不同规模的企业客户优化人力与财务相关运营流程，有效提升管理效率、降低运营成本。
OUT vs PCTY — 直观对比
营收规模更大
OUT
是对方的1.3倍
$387.0M
营收增速更快
PCTY
高出7.2%
4.1%
净利率更高
OUT
高出5.9%
13.0%
自由现金流更多
PCTY
多$20.3M
$93.3M
两年增速更快
OUT
近两年复合增速
2.7%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $513.3M | $387.0M |
| 净利润 | $96.8M | $50.2M |
| 毛利率 | — | 72.9% |
| 营业利润率 | 26.0% | 18.2% |
| 净利率 | 18.9% | 13.0% |
| 营收同比 | 4.1% | 11.3% |
| 净利润同比 | 30.8% | 34.0% |
| 每股收益（稀释后） | $0.57 | $0.92 |
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OUTPCTY
| Q4 25 | $513.3M | $387.0M | ||
| Q3 25 | $467.5M | $378.9M | ||
| Q2 25 | $460.2M | $369.9M | ||
| Q1 25 | $390.7M | $421.1M | ||
| Q4 24 | $493.2M | $347.7M | ||
| Q3 24 | $451.9M | $333.1M | ||
| Q2 24 | $477.3M | $324.7M | ||
| Q1 24 | $408.5M | $366.8M |
净利润OUTPCTY
| Q4 25 | $96.8M | $50.2M | ||
| Q3 25 | $51.3M | $48.0M | ||
| Q2 25 | $19.5M | $48.6M | ||
| Q1 25 | $-20.6M | $91.5M | ||
| Q4 24 | $74.0M | $37.5M | ||
| Q3 24 | $34.6M | $49.6M | ||
| Q2 24 | $176.8M | $48.8M | ||
| Q1 24 | $-27.2M | $85.3M |
毛利率OUTPCTY
| Q4 25 | — | 72.9% | ||
| Q3 25 | — | 73.9% | ||
| Q2 25 | — | 73.5% | ||
| Q1 25 | — | 77.1% | ||
| Q4 24 | — | 72.6% | ||
| Q3 24 | — | 74.4% | ||
| Q2 24 | — | 74.0% | ||
| Q1 24 | — | 77.8% |
营业利润率OUTPCTY
| Q4 25 | 26.0% | 18.2% | ||
| Q3 25 | 19.2% | 19.6% | ||
| Q2 25 | 12.2% | 17.9% | ||
| Q1 25 | 3.6% | 30.2% | ||
| Q4 24 | 22.5% | 13.4% | ||
| Q3 24 | 15.8% | 19.3% | ||
| Q2 24 | 48.0% | 19.4% | ||
| Q1 24 | 3.4% | 29.0% |
净利率OUTPCTY
| Q4 25 | 18.9% | 13.0% | ||
| Q3 25 | 11.0% | 12.7% | ||
| Q2 25 | 4.2% | 13.1% | ||
| Q1 25 | -5.3% | 21.7% | ||
| Q4 24 | 15.0% | 10.8% | ||
| Q3 24 | 7.7% | 14.9% | ||
| Q2 24 | 37.0% | 15.0% | ||
| Q1 24 | -6.7% | 23.3% |
每股收益（稀释后）OUTPCTY
| Q4 25 | $0.57 | $0.92 | ||
| Q3 25 | $0.29 | $0.86 | ||
| Q2 25 | $0.10 | $0.87 | ||
| Q1 25 | $-0.14 | $1.61 | ||
| Q4 24 | $0.49 | $0.66 | ||
| Q3 24 | $0.19 | $0.88 | ||
| Q2 24 | $1.01 | $0.85 | ||
| Q1 24 | $-0.18 | $1.50 |
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 | $99.9M | $162.5M |
| 总债务越低越好 | — | $81.3M |
| 股东权益账面价值 | $710.4M | $1.1B |
| 总资产 | $5.3B | $7.0B |
| 负债/权益比越低杠杆越低 | — | 0.07× |
8季度趋势，按日历期对齐
现金及短期投资OUTPCTY
| Q4 25 | $99.9M | $162.5M | ||
| Q3 25 | $63.0M | $165.2M | ||
| Q2 25 | $28.5M | $398.1M | ||
| Q1 25 | $30.5M | $477.8M | ||
| Q4 24 | $46.9M | $482.4M | ||
| Q3 24 | $28.0M | $778.5M | ||
| Q2 24 | $49.6M | $401.8M | ||
| Q1 24 | $42.4M | $492.7M |
总债务OUTPCTY
| Q4 25 | — | $81.3M | ||
| Q3 25 | — | $81.3M | ||
| Q2 25 | — | $162.5M | ||
| Q1 25 | — | $243.8M | ||
| Q4 24 | — | $325.0M | ||
| Q3 24 | — | $325.0M | ||
| Q2 24 | — | $0 | ||
| Q1 24 | — | — |
股东权益OUTPCTY
| Q4 25 | $710.4M | $1.1B | ||
| Q3 25 | $542.6M | $1.1B | ||
| Q2 25 | $539.1M | $1.2B | ||
| Q1 25 | $566.9M | $1.2B | ||
| Q4 24 | $649.0M | $1.2B | ||
| Q3 24 | $618.2M | $1.1B | ||
| Q2 24 | $664.9M | $1.0B | ||
| Q1 24 | $524.2M | $1.1B |
总资产OUTPCTY
| Q4 25 | $5.3B | $7.0B | ||
| Q3 25 | $5.2B | $4.2B | ||
| Q2 25 | $5.1B | $4.4B | ||
| Q1 25 | $5.1B | $5.2B | ||
| Q4 24 | $5.2B | $5.3B | ||
| Q3 24 | $5.2B | $4.0B | ||
| Q2 24 | $5.3B | $4.2B | ||
| Q1 24 | $5.5B | $5.0B |
负债/权益比OUTPCTY
| Q4 25 | — | 0.07× | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.20× | ||
| Q4 24 | — | 0.28× | ||
| Q3 24 | — | 0.29× | ||
| Q2 24 | — | 0.00× | ||
| Q1 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 | $118.1M | $117.0M |
| 自由现金流经营现金流 - 资本支出 | $93.3M | $113.6M |
| 自由现金流率自由现金流/营收 | 18.2% | 29.4% |
| 资本支出强度资本支出/营收 | 4.8% | 0.9% |
| 现金转化率经营现金流/净利润 | 1.22× | 2.33× |
| 过去12个月自由现金流最近4个季度 | $218.8M | $461.1M |
8季度趋势，按日历期对齐
经营现金流OUTPCTY
| Q4 25 | $118.1M | $117.0M | ||
| Q3 25 | $88.8M | $86.5M | ||
| Q2 25 | $67.1M | $86.6M | ||
| Q1 25 | $33.6M | $186.0M | ||
| Q4 24 | $124.5M | $54.2M | ||
| Q3 24 | $73.1M | $91.5M | ||
| Q2 24 | $71.0M | $79.9M | ||
| Q1 24 | $30.6M | $167.5M |
自由现金流OUTPCTY
| Q4 25 | $93.3M | $113.6M | ||
| Q3 25 | $67.7M | $82.7M | ||
| Q2 25 | $41.4M | $81.1M | ||
| Q1 25 | $16.4M | $183.7M | ||
| Q4 24 | $106.3M | $51.2M | ||
| Q3 24 | $55.5M | $89.1M | ||
| Q2 24 | $47.1M | $73.6M | ||
| Q1 24 | $12.2M | $162.0M |
自由现金流率OUTPCTY
| Q4 25 | 18.2% | 29.4% | ||
| Q3 25 | 14.5% | 21.8% | ||
| Q2 25 | 9.0% | 21.9% | ||
| Q1 25 | 4.2% | 43.6% | ||
| Q4 24 | 21.6% | 14.7% | ||
| Q3 24 | 12.3% | 26.8% | ||
| Q2 24 | 9.9% | 22.7% | ||
| Q1 24 | 3.0% | 44.2% |
资本支出强度OUTPCTY
| Q4 25 | 4.8% | 0.9% | ||
| Q3 25 | 4.5% | 1.0% | ||
| Q2 25 | 5.6% | 1.5% | ||
| Q1 25 | 4.4% | 0.5% | ||
| Q4 24 | 3.7% | 0.9% | ||
| Q3 24 | 3.9% | 0.7% | ||
| Q2 24 | 5.0% | 1.9% | ||
| Q1 24 | 4.5% | 1.5% |
现金转化率OUTPCTY
| Q4 25 | 1.22× | 2.33× | ||
| Q3 25 | 1.73× | 1.80× | ||
| Q2 25 | 3.44× | 1.78× | ||
| Q1 25 | — | 2.03× | ||
| Q4 24 | 1.68× | 1.45× | ||
| Q3 24 | 2.11× | 1.84× | ||
| Q2 24 | 0.40× | 1.64× | ||
| Q1 24 | — | 1.96× |
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
OUT
| Static Displays | $236.3M | 46% |
| Other | $134.8M | 26% |
| Digital Displays | $125.3M | 24% |
| Other Revenues | $1.9M | 0% |
PCTY
| Recurring Fees | $370.1M | 96% |
| Implementation Services And Other | $16.9M | 4% |
