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PIPER SANDLER COMPANIES（PIPR）与RANGE RESOURCES CORP（RRC）财务数据对比。点击上方公司名可切换其他公司
RANGE RESOURCES CORP的季度营收约是PIPER SANDLER COMPANIES的1.2倍（$786.9M vs $667.0M），RANGE RESOURCES CORP净利率更高（22.8% vs 17.1%，领先5.7%），PIPER SANDLER COMPANIES同比增速更快（37.4% vs 18.0%），过去两年PIPER SANDLER COMPANIES的营收复合增速更高（39.2% vs 14.6%）
Piper Sandler是一家美国跨国投资银行及金融服务提供商，核心业务覆盖并购重组、财务重整、公开募股、公共财政、机构经纪、投资管理、证券研究等领域，通过旗下核心子公司Piper Sandler & Co.为企业、机构投资者及公共组织提供专业金融服务。
Range Resources Corporation是一家总部位于美国得克萨斯州沃斯堡的天然气勘探开采企业，核心运营区域为马塞勒斯页岩地层，是该地区拥有土地面积最大的运营商，专注于天然气资源的勘探、开发与生产业务，在北美油气开发领域具备深厚的行业积累。
PIPR vs RRC — 直观对比
营收规模更大
RRC
是对方的1.2倍
$667.0M
营收增速更快
PIPR
高出19.4%
18.0%
净利率更高
RRC
高出5.7%
17.1%
两年增速更快
PIPR
近两年复合增速
14.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $667.0M | $786.9M |
| 净利润 | $114.0M | $179.1M |
| 毛利率 | — | 94.5% |
| 营业利润率 | 28.3% | — |
| 净利率 | 17.1% | 22.8% |
| 营收同比 | 37.4% | 18.0% |
| 净利润同比 | 65.0% | 88.8% |
| 每股收益（稀释后） | $6.41 | $0.75 |
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PIPRRRC
| Q4 25 | $667.0M | $786.9M | ||
| Q3 25 | $480.1M | $655.3M | ||
| Q2 25 | $398.6M | $699.6M | ||
| Q1 25 | $358.6M | $846.3M | ||
| Q4 24 | $485.4M | $667.0M | ||
| Q3 24 | $360.9M | $567.9M | ||
| Q2 24 | $340.8M | $513.2M | ||
| Q1 24 | $344.4M | $598.8M |
净利润PIPRRRC
| Q4 25 | $114.0M | $179.1M | ||
| Q3 25 | $60.3M | $144.3M | ||
| Q2 25 | $42.2M | $237.6M | ||
| Q1 25 | $64.9M | $97.1M | ||
| Q4 24 | $69.1M | $94.8M | ||
| Q3 24 | $34.8M | $50.7M | ||
| Q2 24 | $34.8M | $28.7M | ||
| Q1 24 | $42.5M | $92.1M |
毛利率PIPRRRC
| Q4 25 | — | 94.5% | ||
| Q3 25 | — | 92.5% | ||
| Q2 25 | — | 95.0% | ||
| Q1 25 | — | 93.1% | ||
| Q4 24 | — | 93.7% | ||
| Q3 24 | — | 94.3% | ||
| Q2 24 | — | 93.4% | ||
| Q1 24 | — | 94.7% |
营业利润率PIPRRRC
| Q4 25 | 28.3% | — | ||
| Q3 25 | 22.4% | — | ||
| Q2 25 | 12.3% | — | ||
| Q1 25 | 8.2% | — | ||
| Q4 24 | 16.9% | — | ||
| Q3 24 | 15.4% | — | ||
| Q2 24 | 8.3% | — | ||
| Q1 24 | 15.2% | — |
净利率PIPRRRC
| Q4 25 | 17.1% | 22.8% | ||
| Q3 25 | 12.6% | 22.0% | ||
| Q2 25 | 10.6% | 34.0% | ||
| Q1 25 | 18.1% | 11.5% | ||
| Q4 24 | 14.2% | 14.2% | ||
| Q3 24 | 9.6% | 8.9% | ||
| Q2 24 | 10.2% | 5.6% | ||
| Q1 24 | 12.3% | 15.4% |
每股收益（稀释后）PIPRRRC
| Q4 25 | $6.41 | $0.75 | ||
| Q3 25 | $3.38 | $0.60 | ||
| Q2 25 | $2.38 | $0.99 | ||
| Q1 25 | $3.65 | $0.40 | ||
| Q4 24 | $3.88 | $0.38 | ||
| Q3 24 | $1.96 | $0.21 | ||
| Q2 24 | $1.97 | $0.12 | ||
| Q1 24 | $2.43 | $0.38 |
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 | — | $204.0K |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | $1.4B | $4.3B |
| 总资产 | $2.6B | $7.4B |
| 负债/权益比越低杠杆越低 | — | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资PIPRRRC
| Q4 25 | — | $204.0K | ||
| Q3 25 | — | $175.0K | ||
| Q2 25 | — | $134.0K | ||
| Q1 25 | — | $344.6M | ||
| Q4 24 | — | $304.5M | ||
| Q3 24 | — | $277.4M | ||
| Q2 24 | — | $251.1M | ||
| Q1 24 | — | $343.1M |
总债务PIPRRRC
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.7B | ||
| Q1 24 | — | $1.8B |
股东权益PIPRRRC
| Q4 25 | $1.4B | $4.3B | ||
| Q3 25 | $1.3B | $4.2B | ||
| Q2 25 | $1.2B | $4.1B | ||
| Q1 25 | $1.2B | $3.9B | ||
| Q4 24 | $1.2B | $3.9B | ||
| Q3 24 | $1.2B | $3.9B | ||
| Q2 24 | $1.1B | $3.9B | ||
| Q1 24 | $1.1B | $3.8B |
总资产PIPRRRC
| Q4 25 | $2.6B | $7.4B | ||
| Q3 25 | $2.2B | $7.2B | ||
| Q2 25 | $2.0B | $7.1B | ||
| Q1 25 | $1.8B | $7.4B | ||
| Q4 24 | $2.3B | $7.3B | ||
| Q3 24 | $2.0B | $7.2B | ||
| Q2 24 | $1.9B | $7.3B | ||
| Q1 24 | $1.8B | $7.4B |
负债/权益比PIPRRRC
| Q4 25 | — | 0.28× | ||
| Q3 25 | — | 0.29× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.43× | ||
| Q4 24 | — | 0.43× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.44× | ||
| Q1 24 | — | 0.46× |
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 | $729.8M | $257.5M |
| 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 | 6.40× | 1.44× |
| 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PIPRRRC
| Q4 25 | $729.8M | $257.5M | ||
| Q3 25 | $31.9M | $247.5M | ||
| Q2 25 | $32.1M | $336.2M | ||
| Q1 25 | $-207.2M | $330.1M | ||
| Q4 24 | $163.8M | $217.9M | ||
| Q3 24 | $80.1M | $245.9M | ||
| Q2 24 | $266.5M | $148.8M | ||
| Q1 24 | $-197.2M | $331.9M |
现金转化率PIPRRRC
| Q4 25 | 6.40× | 1.44× | ||
| Q3 25 | 0.53× | 1.72× | ||
| Q2 25 | 0.76× | 1.42× | ||
| Q1 25 | -3.19× | 3.40× | ||
| Q4 24 | 2.37× | 2.30× | ||
| Q3 24 | 2.30× | 4.85× | ||
| Q2 24 | 7.66× | 5.18× | ||
| Q1 24 | -4.64× | 3.60× |
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
PIPR
| Advisory Services | $402.6M | 60% |
| Equities Financing | $66.7M | 10% |
| Equity Salesand Trading | $64.2M | 10% |
| Fixed Income Salesand Trading | $47.9M | 7% |
| Other | $46.7M | 7% |
| Debt Financing | $38.9M | 6% |
RRC
| Natural Gas Natural Gas Liquids And Oil Sales | $745.5M | 95% |
| Brokered Natural Gas And Marketing | $41.3M | 5% |
