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PINTEREST, INC.（PINS）与PPL Corporation（PPL）财务数据对比。点击上方公司名可切换其他公司
PPL Corporation的季度营收约是PINTEREST, INC.的1.8倍（$2.3B vs $1.3B），PINTEREST, INC.净利率更高（21.0% vs 11.3%，领先9.7%），PINTEREST, INC.同比增速更快（14.3% vs 7.2%），PINTEREST, INC.自由现金流更多（$380.4M vs $-614.0M），过去两年PINTEREST, INC.的营收复合增速更高（33.5% vs 1.0%）
Pinterest是美国社交媒体服务商，主打数字图板形式的信息发布与发现功能，用户可通过图片分享获取食谱、家居、穿搭、创意灵感等多元内容。公司由本·西尔伯曼、保罗·夏拉、埃文·夏普联合创立，总部位于旧金山。
PPL公司是总部位于美国宾夕法尼亚州的能源公用事业控股企业，为宾州、肯塔基州、罗德岛州约350万居民及工商业用户提供电力与天然气供应服务，核心业务方向包括电网现代化升级、清洁能源转型、高可靠性可持续能源服务供给。
PINS vs PPL — 直观对比
营收规模更大
PPL
是对方的1.8倍
$1.3B
营收增速更快
PINS
高出7.1%
7.2%
净利率更高
PINS
高出9.7%
11.3%
自由现金流更多
PINS
多$994.4M
$-614.0M
两年增速更快
PINS
近两年复合增速
1.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $2.3B |
| 净利润 | $277.1M | $266.0M |
| 毛利率 | 82.8% | — |
| 营业利润率 | 22.8% | 20.3% |
| 净利率 | 21.0% | 11.3% |
| 营收同比 | 14.3% | 7.2% |
| 净利润同比 | -85.0% | 50.3% |
| 每股收益（稀释后） | $0.41 | $0.35 |
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PINSPPL
| Q4 25 | $1.3B | $2.3B | ||
| Q3 25 | $1.0B | $2.2B | ||
| Q2 25 | $998.2M | $2.0B | ||
| Q1 25 | $855.0M | $2.5B | ||
| Q4 24 | $1.2B | $2.2B | ||
| Q3 24 | $898.4M | $2.1B | ||
| Q2 24 | $853.7M | $1.9B | ||
| Q1 24 | $740.0M | $2.3B |
净利润PINSPPL
| Q4 25 | $277.1M | $266.0M | ||
| Q3 25 | $92.1M | $318.0M | ||
| Q2 25 | $38.8M | $183.0M | ||
| Q1 25 | $8.9M | $414.0M | ||
| Q4 24 | $1.8B | $177.0M | ||
| Q3 24 | $30.6M | $214.0M | ||
| Q2 24 | $8.9M | $190.0M | ||
| Q1 24 | $-24.8M | $307.0M |
毛利率PINSPPL
| Q4 25 | 82.8% | — | ||
| Q3 25 | 79.8% | — | ||
| Q2 25 | 79.7% | — | ||
| Q1 25 | 76.7% | — | ||
| Q4 24 | 82.9% | — | ||
| Q3 24 | 79.1% | — | ||
| Q2 24 | 78.3% | — | ||
| Q1 24 | 75.5% | — |
营业利润率PINSPPL
| Q4 25 | 22.8% | 20.3% | ||
| Q3 25 | 5.6% | 25.4% | ||
| Q2 25 | -0.4% | 19.9% | ||
| Q1 25 | -4.1% | 26.6% | ||
| Q4 24 | 22.7% | 17.2% | ||
| Q3 24 | -0.7% | 20.6% | ||
| Q2 24 | -2.5% | 20.8% | ||
| Q1 24 | -7.4% | 23.7% |
净利率PINSPPL
| Q4 25 | 21.0% | 11.3% | ||
| Q3 25 | 8.8% | 14.2% | ||
| Q2 25 | 3.9% | 9.0% | ||
| Q1 25 | 1.0% | 16.3% | ||
| Q4 24 | 160.1% | 8.1% | ||
| Q3 24 | 3.4% | 10.3% | ||
| Q2 24 | 1.0% | 10.1% | ||
| Q1 24 | -3.4% | 13.3% |
每股收益（稀释后）PINSPPL
| Q4 25 | $0.41 | $0.35 | ||
| Q3 25 | $0.13 | $0.43 | ||
| Q2 25 | $0.06 | $0.25 | ||
| Q1 25 | $0.01 | $0.56 | ||
| Q4 24 | $2.66 | $0.23 | ||
| Q3 24 | $0.04 | $0.29 | ||
| Q2 24 | $0.01 | $0.26 | ||
| Q1 24 | $-0.04 | $0.42 |
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 | $969.3M | $1.1B |
| 总债务越低越好 | — | $18.9B |
| 股东权益账面价值 | $4.7B | $14.9B |
| 总资产 | $5.5B | $45.2B |
| 负债/权益比越低杠杆越低 | — | 1.27× |
8季度趋势，按日历期对齐
现金及短期投资PINSPPL
| Q4 25 | $969.3M | $1.1B | ||
| Q3 25 | $1.1B | $1.1B | ||
| Q2 25 | $1.2B | $294.0M | ||
| Q1 25 | $1.3B | $312.0M | ||
| Q4 24 | $1.1B | $306.0M | ||
| Q3 24 | $1.0B | $542.0M | ||
| Q2 24 | $1.4B | $282.0M | ||
| Q1 24 | $1.6B | $276.0M |
总债务PINSPPL
| Q4 25 | — | $18.9B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $16.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益PINSPPL
| Q4 25 | $4.7B | $14.9B | ||
| Q3 25 | $4.8B | $14.4B | ||
| Q2 25 | $4.8B | $14.3B | ||
| Q1 25 | $4.7B | $14.3B | ||
| Q4 24 | $4.8B | $14.1B | ||
| Q3 24 | $2.9B | $14.1B | ||
| Q2 24 | $3.2B | $14.1B | ||
| Q1 24 | $3.1B | $14.1B |
总资产PINSPPL
| Q4 25 | $5.5B | $45.2B | ||
| Q3 25 | $5.5B | $43.9B | ||
| Q2 25 | $5.4B | $42.4B | ||
| Q1 25 | $5.3B | $41.8B | ||
| Q4 24 | $5.3B | $41.1B | ||
| Q3 24 | $3.5B | $40.5B | ||
| Q2 24 | $3.7B | $39.8B | ||
| Q1 24 | $3.7B | $39.6B |
负债/权益比PINSPPL
| Q4 25 | — | 1.27× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.17× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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 | $391.2M | $548.0M |
| 自由现金流经营现金流 - 资本支出 | $380.4M | $-614.0M |
| 自由现金流率自由现金流/营收 | 28.8% | -26.1% |
| 资本支出强度资本支出/营收 | 0.8% | 49.5% |
| 现金转化率经营现金流/净利润 | 1.41× | 2.06× |
| 过去12个月自由现金流最近4个季度 | $1.3B | $-1.4B |
8季度趋势，按日历期对齐
经营现金流PINSPPL
| Q4 25 | $391.2M | $548.0M | ||
| Q3 25 | $321.7M | $966.0M | ||
| Q2 25 | $207.7M | $602.0M | ||
| Q1 25 | $363.7M | $513.0M | ||
| Q4 24 | $254.0M | $511.0M | ||
| Q3 24 | $248.0M | $781.0M | ||
| Q2 24 | $106.4M | $766.0M | ||
| Q1 24 | $356.1M | $282.0M |
自由现金流PINSPPL
| Q4 25 | $380.4M | $-614.0M | ||
| Q3 25 | $318.4M | $-179.0M | ||
| Q2 25 | $196.7M | $-328.0M | ||
| Q1 25 | $356.4M | $-280.0M | ||
| Q4 24 | $250.2M | $-349.0M | ||
| Q3 24 | $244.1M | $102.0M | ||
| Q2 24 | $101.6M | $96.0M | ||
| Q1 24 | $344.0M | $-314.0M |
自由现金流率PINSPPL
| Q4 25 | 28.8% | -26.1% | ||
| Q3 25 | 30.3% | -8.0% | ||
| Q2 25 | 19.7% | -16.1% | ||
| Q1 25 | 41.7% | -11.0% | ||
| Q4 24 | 21.7% | -15.9% | ||
| Q3 24 | 27.2% | 4.9% | ||
| Q2 24 | 11.9% | 5.1% | ||
| Q1 24 | 46.5% | -13.6% |
资本支出强度PINSPPL
| Q4 25 | 0.8% | 49.5% | ||
| Q3 25 | 0.3% | 51.2% | ||
| Q2 25 | 1.1% | 45.6% | ||
| Q1 25 | 0.9% | 31.2% | ||
| Q4 24 | 0.3% | 39.3% | ||
| Q3 24 | 0.4% | 32.7% | ||
| Q2 24 | 0.6% | 35.8% | ||
| Q1 24 | 1.6% | 25.9% |
现金转化率PINSPPL
| Q4 25 | 1.41× | 2.06× | ||
| Q3 25 | 3.49× | 3.04× | ||
| Q2 25 | 5.36× | 3.29× | ||
| Q1 25 | 40.77× | 1.24× | ||
| Q4 24 | 0.14× | 2.89× | ||
| Q3 24 | 8.12× | 3.65× | ||
| Q2 24 | 11.98× | 4.03× | ||
| Q1 24 | — | 0.92× |
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
PINS
| United States And Canada | $944.3M | 72% |
| Other | $375.0M | 28% |
PPL
| Rhode Island Regulated | $539.0M | 23% |
| Other | $532.0M | 23% |
| Residential | $451.0M | 19% |
| Nonrelated Party | $425.0M | 18% |
| Transmission | $228.0M | 10% |
| Commercial | $117.0M | 5% |
| Wholesale Other | $23.0M | 1% |
| Industrial | $14.0M | 1% |
| Related Party | $13.0M | 1% |
| Wholesale Municipal | $6.0M | 0% |
