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Piedmont Realty Trust, Inc.（PDM）与Ribbon Communications Inc.（RBBN）财务数据对比。点击上方公司名可切换其他公司
Ribbon Communications Inc.的季度营收约是Piedmont Realty Trust, Inc.的1.1倍（$162.6M vs $142.9M），Ribbon Communications Inc.净利率更高（54.8% vs -30.3%，领先85.0%），Piedmont Realty Trust, Inc.同比增速更快（-0.3% vs -10.3%），过去两年Piedmont Realty Trust, Inc.的营收复合增速更高（-0.6% vs -8.1%）
Piedmont Realty Trust是一家公开上市的房地产投资信托（REIT），主要持有、运营和投资美国高增长大都会区的优质写字楼资产，服务科技、专业服务、医疗等多个行业的企业租户，通过战略资产管理和投资组合优化为利益相关方提供稳定长期回报。
睿宾通信公司（Ribbon Communications Inc.）主要为电信运营商、企业及关键基础设施领域提供软件、IP与光网络解决方案。公司于2017年由Genband与Sonus Networks合并成立，总部位于美国得克萨斯州普莱诺，是一家上市科技企业。
PDM vs RBBN — 直观对比
营收规模更大
RBBN
是对方的1.1倍
$142.9M
营收增速更快
PDM
高出10.0%
-10.3%
净利率更高
RBBN
高出85.0%
-30.3%
两年增速更快
PDM
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $142.9M | $162.6M |
| 净利润 | $-43.2M | $89.1M |
| 毛利率 | — | 42.9% |
| 营业利润率 | — | — |
| 净利率 | -30.3% | 54.8% |
| 营收同比 | -0.3% | -10.3% |
| 净利润同比 | -44.3% | — |
| 每股收益（稀释后） | $-0.34 | $0.50 |
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PDMRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $142.9M | $227.3M | ||
| Q3 25 | $139.2M | $215.4M | ||
| Q2 25 | $140.3M | $220.6M | ||
| Q1 25 | $142.7M | $181.3M | ||
| Q4 24 | $143.2M | $251.4M | ||
| Q3 24 | $139.3M | $210.2M | ||
| Q2 24 | $143.3M | $192.6M |
净利润PDMRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $-43.2M | — | ||
| Q3 25 | $-13.5M | $-12.1M | ||
| Q2 25 | $-16.8M | $-11.1M | ||
| Q1 25 | $-10.1M | $-26.2M | ||
| Q4 24 | $-30.0M | — | ||
| Q3 24 | $-11.5M | $-13.4M | ||
| Q2 24 | $-9.8M | $-16.8M |
毛利率PDMRBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | — | 53.3% | ||
| Q3 25 | — | 50.1% | ||
| Q2 25 | — | 49.6% | ||
| Q1 25 | — | 45.4% | ||
| Q4 24 | — | 55.7% | ||
| Q3 24 | — | 52.1% | ||
| Q2 24 | — | 50.8% |
营业利润率PDMRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | 4.1% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | -10.8% | ||
| Q4 24 | — | 13.2% | ||
| Q3 24 | — | -0.4% | ||
| Q2 24 | — | -1.0% |
净利率PDMRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | -30.3% | — | ||
| Q3 25 | -9.7% | -5.6% | ||
| Q2 25 | -12.0% | -5.0% | ||
| Q1 25 | -7.1% | -14.5% | ||
| Q4 24 | -20.9% | — | ||
| Q3 24 | -8.3% | -6.4% | ||
| Q2 24 | -6.8% | -8.7% |
每股收益（稀释后）PDMRBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $-0.34 | $0.50 | ||
| Q3 25 | $-0.11 | $-0.07 | ||
| Q2 25 | $-0.14 | $-0.06 | ||
| Q1 25 | $-0.08 | $-0.15 | ||
| Q4 24 | $-0.25 | $0.05 | ||
| Q3 24 | $-0.09 | $-0.08 | ||
| Q2 24 | $-0.08 | $-0.10 |
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 | $731.0K | $67.6M |
| 总债务越低越好 | $2.2B | — |
| 股东权益账面价值 | $1.5B | $419.1M |
| 总资产 | $4.0B | — |
| 负债/权益比越低杠杆越低 | 1.49× | — |
8季度趋势，按日历期对齐
现金及短期投资PDMRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $731.0K | $96.4M | ||
| Q3 25 | $3.0M | $74.8M | ||
| Q2 25 | $3.3M | $60.5M | ||
| Q1 25 | $2.9M | $71.2M | ||
| Q4 24 | $109.6M | $87.8M | ||
| Q3 24 | $133.6M | $37.2M | ||
| Q2 24 | $138.5M | $64.6M |
总债务PDMRBBN
| Q1 26 | — | — | ||
| Q4 25 | $2.2B | $342.1M | ||
| Q3 25 | $2.2B | $344.3M | ||
| Q2 25 | $2.2B | $346.5M | ||
| Q1 25 | $2.2B | $347.4M | ||
| Q4 24 | $2.2B | $348.3M | ||
| Q3 24 | $2.2B | $349.1M | ||
| Q2 24 | $2.2B | $350.0M |
股东权益PDMRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $1.5B | $449.0M | ||
| Q3 25 | $1.5B | $360.1M | ||
| Q2 25 | $1.5B | $370.4M | ||
| Q1 25 | $1.6B | $381.8M | ||
| Q4 24 | $1.6B | $404.6M | ||
| Q3 24 | $1.6B | $395.5M | ||
| Q2 24 | $1.7B | $405.0M |
总资产PDMRBBN
| Q1 26 | — | — | ||
| Q4 25 | $4.0B | $1.2B | ||
| Q3 25 | $4.0B | $1.1B | ||
| Q2 25 | $4.0B | $1.1B | ||
| Q1 25 | $4.0B | $1.1B | ||
| Q4 24 | $4.1B | $1.2B | ||
| Q3 24 | $4.1B | $1.1B | ||
| Q2 24 | $4.2B | $1.1B |
负债/权益比PDMRBBN
| Q1 26 | — | — | ||
| Q4 25 | 1.49× | 0.76× | ||
| Q3 25 | 1.43× | 0.96× | ||
| Q2 25 | 1.41× | 0.94× | ||
| Q1 25 | 1.40× | 0.91× | ||
| Q4 24 | 1.40× | 0.86× | ||
| Q3 24 | 1.36× | 0.88× | ||
| Q2 24 | 1.34× | 0.86× |
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 | $140.6M | — |
| 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 | — | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流PDMRBBN
| Q1 26 | — | — | ||
| Q4 25 | $140.6M | $29.2M | ||
| Q3 25 | $35.8M | $26.5M | ||
| Q2 25 | $50.1M | $-795.0K | ||
| Q1 25 | $3.7M | $-3.5M | ||
| Q4 24 | $198.1M | $61.8M | ||
| Q3 24 | $42.9M | $-14.8M | ||
| Q2 24 | $66.8M | $-9.8M |
自由现金流PDMRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | $27.3M | ||
| Q3 25 | — | $21.0M | ||
| Q2 25 | — | $-6.5M | ||
| Q1 25 | — | $-15.7M | ||
| Q4 24 | — | $53.8M | ||
| Q3 24 | — | $-23.7M | ||
| Q2 24 | — | $-12.9M |
自由现金流率PDMRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | 12.0% | ||
| Q3 25 | — | 9.7% | ||
| Q2 25 | — | -2.9% | ||
| Q1 25 | — | -8.7% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | — | -11.3% | ||
| Q2 24 | — | -6.7% |
资本支出强度PDMRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 6.7% | ||
| Q4 24 | — | 3.2% | ||
| Q3 24 | — | 4.2% | ||
| Q2 24 | — | 1.6% |
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
PDM
| Atlanta GA | $45.7M | 32% |
| Dallas TX | $24.1M | 17% |
| Orlando FL | $19.3M | 13% |
| New York NY | $14.7M | 10% |
| Northern Virginia Washington D.C. | $12.9M | 9% |
| Minneapolis MN | $11.4M | 8% |
| Boston MA | $9.8M | 7% |
| Real Estate Other | $7.8M | 5% |
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
