vs
Penguin Solutions, Inc.（PENG）与STARWOOD PROPERTY TRUST, INC.（STWD）财务数据对比。点击上方公司名可切换其他公司
STARWOOD PROPERTY TRUST, INC.的季度营收约是Penguin Solutions, Inc.的1.4倍（$492.9M vs $343.1M），STARWOOD PROPERTY TRUST, INC.净利率更高（19.7% vs 1.5%，领先18.1%），STARWOOD PROPERTY TRUST, INC.同比增速更快（8.5% vs 0.6%），过去两年Penguin Solutions, Inc.的营收复合增速更高（11.8% vs -2.9%）
企鹅解决方案公司旗下的兰波集团以拉姆齐解决方案品牌开展业务，是一家美国企业，业务涵盖个人理财、领导力发展、人际关系管理与职业发展相关产品与服务。该公司由戴夫·拉姆齐与妻子莎伦于1991年创立，总部位于田纳西州富兰克林。
喜达屋酒店及度假村国际集团是全球规模最大的酒店企业之一，业务涵盖酒店、度假村、水疗中心、住宅及度假产权物业的持有、运营、特许经营与管理。集团前身为1969年成立的房地产投资信托基金，1995年完成收购重组，旗下共11个品牌，管理及特许经营的物业共计1297处。
PENG vs STWD — 直观对比
营收规模更大
STWD
是对方的1.4倍
$343.1M
营收增速更快
STWD
高出7.9%
0.6%
净利率更高
STWD
高出18.1%
1.5%
两年增速更快
PENG
近两年复合增速
-2.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $343.1M | $492.9M |
| 净利润 | $5.3M | $96.9M |
| 毛利率 | 28.0% | — |
| 营业利润率 | 5.7% | 26.6% |
| 净利率 | 1.5% | 19.7% |
| 营收同比 | 0.6% | 8.5% |
| 净利润同比 | 1.0% | 87.7% |
| 每股收益（稀释后） | $0.04 | $0.25 |
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PENGSTWD
| Q4 25 | $343.1M | $492.9M | ||
| Q3 25 | $337.9M | $488.9M | ||
| Q2 25 | $324.3M | $444.3M | ||
| Q1 25 | $365.5M | $418.2M | ||
| Q4 24 | $341.1M | $454.4M | ||
| Q3 24 | $284.8M | $479.5M | ||
| Q2 24 | $300.6M | $489.8M | ||
| Q1 24 | — | $523.1M |
净利润PENGSTWD
| Q4 25 | $5.3M | $96.9M | ||
| Q3 25 | $9.4M | $72.6M | ||
| Q2 25 | $2.7M | $129.8M | ||
| Q1 25 | $8.1M | $112.3M | ||
| Q4 24 | $5.2M | $51.6M | ||
| Q3 24 | — | $76.1M | ||
| Q2 24 | $5.6M | $77.9M | ||
| Q1 24 | — | $154.3M |
毛利率PENGSTWD
| Q4 25 | 28.0% | — | ||
| Q3 25 | 28.6% | — | ||
| Q2 25 | 29.3% | — | ||
| Q1 25 | 28.6% | — | ||
| Q4 24 | 28.7% | — | ||
| Q3 24 | 28.8% | — | ||
| Q2 24 | 29.6% | — | ||
| Q1 24 | — | — |
营业利润率PENGSTWD
| Q4 25 | 5.7% | 26.6% | ||
| Q3 25 | 3.7% | 19.1% | ||
| Q2 25 | 3.0% | 30.5% | ||
| Q1 25 | 5.1% | 28.7% | ||
| Q4 24 | 5.1% | 15.1% | ||
| Q3 24 | -1.2% | 17.2% | ||
| Q2 24 | 3.8% | 19.1% | ||
| Q1 24 | — | 30.8% |
净利率PENGSTWD
| Q4 25 | 1.5% | 19.7% | ||
| Q3 25 | 2.8% | 14.8% | ||
| Q2 25 | 0.8% | 29.2% | ||
| Q1 25 | 2.2% | 26.8% | ||
| Q4 24 | 1.5% | 11.4% | ||
| Q3 24 | — | 15.9% | ||
| Q2 24 | 1.9% | 15.9% | ||
| Q1 24 | — | 29.5% |
每股收益（稀释后）PENGSTWD
| Q4 25 | $0.04 | $0.25 | ||
| Q3 25 | $0.10 | $0.19 | ||
| Q2 25 | $-0.01 | $0.38 | ||
| Q1 25 | $0.09 | $0.33 | ||
| Q4 24 | $0.10 | $0.15 | ||
| Q3 24 | — | $0.23 | ||
| Q2 24 | $0.10 | $0.24 | ||
| Q1 24 | — | $0.48 |
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 | $461.5M | $499.5M |
| 总债务越低越好 | $462.3M | — |
| 股东权益账面价值 | $389.7M | $6.8B |
| 总资产 | $1.6B | $63.2B |
| 负债/权益比越低杠杆越低 | 1.19× | — |
8季度趋势，按日历期对齐
现金及短期投资PENGSTWD
| Q4 25 | $461.5M | $499.5M | ||
| Q3 25 | $453.8M | $301.1M | ||
| Q2 25 | $735.5M | $259.9M | ||
| Q1 25 | $647.0M | $440.6M | ||
| Q4 24 | $393.7M | $377.8M | ||
| Q3 24 | $389.5M | $357.9M | ||
| Q2 24 | $467.5M | $259.3M | ||
| Q1 24 | — | $327.4M |
总债务PENGSTWD
| Q4 25 | $462.3M | — | ||
| Q3 25 | $461.8M | — | ||
| Q2 25 | $659.5M | — | ||
| Q1 25 | $658.8M | — | ||
| Q4 24 | $658.1M | — | ||
| Q3 24 | $657.3M | — | ||
| Q2 24 | $667.0M | — | ||
| Q1 24 | — | — |
股东权益PENGSTWD
| Q4 25 | $389.7M | $6.8B | ||
| Q3 25 | $394.2M | $6.9B | ||
| Q2 25 | $584.8M | $6.4B | ||
| Q1 25 | $602.5M | $6.4B | ||
| Q4 24 | $400.4M | $6.4B | ||
| Q3 24 | $391.4M | $6.5B | ||
| Q2 24 | $423.4M | $6.2B | ||
| Q1 24 | — | $6.3B |
总资产PENGSTWD
| Q4 25 | $1.6B | $63.2B | ||
| Q3 25 | $1.6B | $62.4B | ||
| Q2 25 | $1.8B | $62.4B | ||
| Q1 25 | $1.8B | $62.2B | ||
| Q4 24 | $1.6B | $62.6B | ||
| Q3 24 | $1.5B | $64.2B | ||
| Q2 24 | $1.5B | $64.1B | ||
| Q1 24 | — | $66.2B |
负债/权益比PENGSTWD
| Q4 25 | 1.19× | — | ||
| Q3 25 | 1.17× | — | ||
| Q2 25 | 1.13× | — | ||
| Q1 25 | 1.09× | — | ||
| Q4 24 | 1.64× | — | ||
| Q3 24 | 1.68× | — | ||
| Q2 24 | 1.58× | — | ||
| 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 | $31.1M | $488.8M |
| 自由现金流经营现金流 - 资本支出 | $28.2M | — |
| 自由现金流率自由现金流/营收 | 8.2% | — |
| 资本支出强度资本支出/营收 | 0.8% | — |
| 现金转化率经营现金流/净利润 | 5.89× | 5.04× |
| 过去12个月自由现金流最近4个季度 | $116.3M | — |
8季度趋势，按日历期对齐
经营现金流PENGSTWD
| Q4 25 | $31.1M | $488.8M | ||
| Q3 25 | $-70.4M | $337.6M | ||
| Q2 25 | $92.8M | $-87.4M | ||
| Q1 25 | $72.9M | $238.9M | ||
| Q4 24 | $13.8M | $295.6M | ||
| Q3 24 | — | $241.8M | ||
| Q2 24 | $57.9M | $53.3M | ||
| Q1 24 | — | $55.9M |
自由现金流PENGSTWD
| Q4 25 | $28.2M | — | ||
| Q3 25 | $-73.4M | — | ||
| Q2 25 | $90.9M | — | ||
| Q1 25 | $70.5M | — | ||
| Q4 24 | $12.0M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $48.9M | — | ||
| Q1 24 | — | — |
自由现金流率PENGSTWD
| Q4 25 | 8.2% | — | ||
| Q3 25 | -21.7% | — | ||
| Q2 25 | 28.0% | — | ||
| Q1 25 | 19.3% | — | ||
| Q4 24 | 3.5% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 16.3% | — | ||
| Q1 24 | — | — |
资本支出强度PENGSTWD
| Q4 25 | 0.8% | — | ||
| Q3 25 | 0.9% | — | ||
| Q2 25 | 0.6% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 3.0% | — | ||
| Q1 24 | — | — |
现金转化率PENGSTWD
| Q4 25 | 5.89× | 5.04× | ||
| Q3 25 | -7.47× | 4.65× | ||
| Q2 25 | 34.88× | -0.67× | ||
| Q1 25 | 9.02× | 2.13× | ||
| Q4 24 | 2.65× | 5.72× | ||
| Q3 24 | — | 3.18× | ||
| Q2 24 | 10.30× | 0.68× | ||
| Q1 24 | — | 0.36× |
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
PENG
| Integrated Memory Segment | $171.6M | 50% |
| Advanced Computing Segment | $115.7M | 34% |
| Optimized LED Segment | $55.7M | 16% |
STWD
| Commercial And Residential Lending Segment | $335.2M | 68% |
| Infrastructure Lending Segment | $70.3M | 14% |
| Property Segment | $57.8M | 12% |
| Other | $29.7M | 6% |
