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PROCORE TECHNOLOGIES, INC.（PCOR）与RAYONIER ADVANCED MATERIALS INC.（RYAM）财务数据对比。点击上方公司名可切换其他公司
RAYONIER ADVANCED MATERIALS INC.的季度营收约是PROCORE TECHNOLOGIES, INC.的1.2倍（$417.5M vs $349.1M），RAYONIER ADVANCED MATERIALS INC.净利率更高（-5.0% vs -10.8%，领先5.7%），PROCORE TECHNOLOGIES, INC.同比增速更快（15.6% vs -1.2%），过去两年PROCORE TECHNOLOGIES, INC.的营收复合增速更高（13.8% vs 3.8%）
Procore Technologies是2002年成立的美国建筑管理软件即服务（SaaS）企业，总部位于加利福尼亚州卡平特里亚。公司打造的全球平台可连接建筑行业从业者，支持搭建简化工作流，统一展现建筑项目信息，覆盖任务追踪、项目流程管理、日程排期等核心功能。
RYAM（原雷尼尔先进材料公司）是一家美国全球性纤维素技术企业，主打高纯度特种纤维素产品，所生产的天然聚合物广泛应用于过滤器生产、食品加工、医药制造及各类工业领域，同时也为造纸和包装行业供应相关产品，在纤维素技术领域拥有较高的行业认可度。
PCOR vs RYAM — 直观对比
营收规模更大
RYAM
是对方的1.2倍
$349.1M
营收增速更快
PCOR
高出16.8%
-1.2%
净利率更高
RYAM
高出5.7%
-10.8%
两年增速更快
PCOR
近两年复合增速
3.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $349.1M | $417.5M |
| 净利润 | $-37.6M | $-21.1M |
| 毛利率 | 80.1% | 8.9% |
| 营业利润率 | -12.3% | 2.6% |
| 净利率 | -10.8% | -5.0% |
| 营收同比 | 15.6% | -1.2% |
| 净利润同比 | 39.6% | -31.9% |
| 每股收益（稀释后） | $-0.25 | $-0.33 |
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PCORRYAM
| Q4 25 | $349.1M | $417.5M | ||
| Q3 25 | $338.9M | $352.8M | ||
| Q2 25 | $323.9M | $340.0M | ||
| Q1 25 | $310.6M | $356.0M | ||
| Q4 24 | $302.0M | $422.5M | ||
| Q3 24 | $295.9M | $401.1M | ||
| Q2 24 | $284.3M | $419.0M | ||
| Q1 24 | $269.4M | $387.7M |
净利润PCORRYAM
| Q4 25 | $-37.6M | $-21.1M | ||
| Q3 25 | $-9.1M | $-4.5M | ||
| Q2 25 | $-21.1M | $-363.2M | ||
| Q1 25 | $-33.0M | $-32.0M | ||
| Q4 24 | $-62.3M | $-16.0M | ||
| Q3 24 | $-26.4M | $-32.6M | ||
| Q2 24 | $-6.3M | $11.4M | ||
| Q1 24 | $-11.0M | $-1.6M |
毛利率PCORRYAM
| Q4 25 | 80.1% | 8.9% | ||
| Q3 25 | 79.7% | 9.7% | ||
| Q2 25 | 79.1% | 7.0% | ||
| Q1 25 | 79.1% | 6.8% | ||
| Q4 24 | 81.2% | 8.7% | ||
| Q3 24 | 81.4% | 10.9% | ||
| Q2 24 | 83.1% | 11.5% | ||
| Q1 24 | 83.0% | 9.5% |
营业利润率PCORRYAM
| Q4 25 | -12.3% | 2.6% | ||
| Q3 25 | -4.4% | 2.8% | ||
| Q2 25 | -9.3% | -0.4% | ||
| Q1 25 | -11.7% | -4.2% | ||
| Q4 24 | -21.9% | 2.6% | ||
| Q3 24 | -12.3% | -4.2% | ||
| Q2 24 | -5.2% | 6.7% | ||
| Q1 24 | -7.0% | 4.4% |
净利率PCORRYAM
| Q4 25 | -10.8% | -5.0% | ||
| Q3 25 | -2.7% | -1.3% | ||
| Q2 25 | -6.5% | -106.8% | ||
| Q1 25 | -10.6% | -9.0% | ||
| Q4 24 | -20.6% | -3.8% | ||
| Q3 24 | -8.9% | -8.1% | ||
| Q2 24 | -2.2% | 2.7% | ||
| Q1 24 | -4.1% | -0.4% |
每股收益（稀释后）PCORRYAM
| Q4 25 | $-0.25 | $-0.33 | ||
| Q3 25 | $-0.06 | $-0.07 | ||
| Q2 25 | $-0.14 | $-5.44 | ||
| Q1 25 | $-0.22 | $-0.49 | ||
| Q4 24 | $-0.42 | $-0.25 | ||
| Q3 24 | $-0.18 | $-0.49 | ||
| Q2 24 | $-0.04 | $0.17 | ||
| Q1 24 | $-0.08 | $-0.02 |
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 | $768.5M | $75.4M |
| 总债务越低越好 | — | $758.1M |
| 股东权益账面价值 | $1.3B | $316.6M |
| 总资产 | $2.2B | $1.8B |
| 负债/权益比越低杠杆越低 | — | 2.39× |
8季度趋势，按日历期对齐
现金及短期投资PCORRYAM
| Q4 25 | $768.5M | $75.4M | ||
| Q3 25 | $684.0M | $77.0M | ||
| Q2 25 | $620.9M | $70.7M | ||
| Q1 25 | $566.7M | $129.9M | ||
| Q4 24 | $775.4M | $125.2M | ||
| Q3 24 | $756.9M | $136.1M | ||
| Q2 24 | $735.4M | $114.1M | ||
| Q1 24 | $744.6M | $54.6M |
总债务PCORRYAM
| Q4 25 | — | $758.1M | ||
| Q3 25 | — | $763.5M | ||
| Q2 25 | — | $720.4M | ||
| Q1 25 | — | $707.0M | ||
| Q4 24 | — | $706.4M | ||
| Q3 24 | — | $747.7M | ||
| Q2 24 | — | $752.8M | ||
| Q1 24 | — | $755.6M |
股东权益PCORRYAM
| Q4 25 | $1.3B | $316.6M | ||
| Q3 25 | $1.2B | $338.2M | ||
| Q2 25 | $1.2B | $342.3M | ||
| Q1 25 | $1.2B | $688.1M | ||
| Q4 24 | $1.3B | $713.9M | ||
| Q3 24 | $1.3B | $732.7M | ||
| Q2 24 | $1.3B | $755.1M | ||
| Q1 24 | $1.2B | $741.8M |
总资产PCORRYAM
| Q4 25 | $2.2B | $1.8B | ||
| Q3 25 | $2.1B | $1.8B | ||
| Q2 25 | $2.0B | $1.8B | ||
| Q1 25 | $1.9B | $2.1B | ||
| Q4 24 | $2.1B | $2.1B | ||
| Q3 24 | $2.0B | $2.2B | ||
| Q2 24 | $2.0B | $2.2B | ||
| Q1 24 | $1.9B | $2.1B |
负债/权益比PCORRYAM
| Q4 25 | — | 2.39× | ||
| Q3 25 | — | 2.26× | ||
| Q2 25 | — | 2.10× | ||
| Q1 25 | — | 1.03× | ||
| Q4 24 | — | 0.99× | ||
| Q3 24 | — | 1.02× | ||
| Q2 24 | — | 1.00× | ||
| Q1 24 | — | 1.02× |
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 | $114.9M | $32.3M |
| 自由现金流经营现金流 - 资本支出 | $109.2M | — |
| 自由现金流率自由现金流/营收 | 31.3% | — |
| 资本支出强度资本支出/营收 | 1.6% | — |
| 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 | $282.2M | — |
8季度趋势，按日历期对齐
经营现金流PCORRYAM
| Q4 25 | $114.9M | $32.3M | ||
| Q3 25 | $88.5M | $-17.8M | ||
| Q2 25 | $30.8M | $-30.2M | ||
| Q1 25 | $66.0M | $39.6M | ||
| Q4 24 | $29.1M | $54.9M | ||
| Q3 24 | $39.3M | $49.8M | ||
| Q2 24 | $58.7M | $87.6M | ||
| Q1 24 | $69.1M | $11.3M |
自由现金流PCORRYAM
| Q4 25 | $109.2M | — | ||
| Q3 25 | $83.1M | — | ||
| Q2 25 | $27.9M | — | ||
| Q1 25 | $62.0M | — | ||
| Q4 24 | $17.4M | — | ||
| Q3 24 | $35.7M | — | ||
| Q2 24 | $56.8M | — | ||
| Q1 24 | $67.1M | — |
自由现金流率PCORRYAM
| Q4 25 | 31.3% | — | ||
| Q3 25 | 24.5% | — | ||
| Q2 25 | 8.6% | — | ||
| Q1 25 | 20.0% | — | ||
| Q4 24 | 5.8% | — | ||
| Q3 24 | 12.1% | — | ||
| Q2 24 | 20.0% | — | ||
| Q1 24 | 24.9% | — |
资本支出强度PCORRYAM
| Q4 25 | 1.6% | — | ||
| Q3 25 | 1.6% | — | ||
| Q2 25 | 0.9% | — | ||
| Q1 25 | 1.3% | — | ||
| Q4 24 | 3.9% | — | ||
| Q3 24 | 1.2% | — | ||
| Q2 24 | 0.7% | — | ||
| Q1 24 | 0.8% | — |
现金转化率PCORRYAM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 7.69× | ||
| Q1 24 | — | — |
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
PCOR
| US | $298.3M | 85% |
| Non Us | $50.9M | 15% |
RYAM
| Cellulose Specialties | $249.6M | 60% |
| Other | $86.2M | 21% |
| Paperboard | $44.2M | 11% |
| High Yield Pulp | $28.3M | 7% |
| Biomaterials | $9.2M | 2% |
