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PIPER SANDLER COMPANIES（PIPR）与SEI INVESTMENTS CO（SEIC）财务数据对比。点击上方公司名可切换其他公司
PIPER SANDLER COMPANIES的季度营收约是SEI INVESTMENTS CO的1.1倍（$667.0M vs $622.2M），SEI INVESTMENTS CO净利率更高（28.0% vs 17.1%，领先11.0%），PIPER SANDLER COMPANIES同比增速更快（37.4% vs 13.0%），过去两年PIPER SANDLER COMPANIES的营收复合增速更高（39.2% vs 9.5%）
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。
SEI Investments是一家总部位于美国宾夕法尼亚州奥克斯的金融服务企业，服务对象涵盖机构、私人银行、投资顾问、资产管理机构及私人客户。集团通过旗下子公司及参股合作主体，管理、咨询或受托运营规模达1万亿美元的资产，覆盖对冲基金、私募股权、共同基金及各类集合或独立管理资产品类。
PIPR vs SEIC — 直观对比
营收规模更大
PIPR
是对方的1.1倍
$622.2M
营收增速更快
PIPR
高出24.4%
13.0%
净利率更高
SEIC
高出11.0%
17.1%
两年增速更快
PIPR
近两年复合增速
9.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $667.0M | $622.2M |
| 净利润 | $114.0M | $174.5M |
| 毛利率 | — | — |
| 营业利润率 | 28.3% | 30.5% |
| 净利率 | 17.1% | 28.0% |
| 营收同比 | 37.4% | 13.0% |
| 净利润同比 | 65.0% | 15.0% |
| 每股收益（稀释后） | $6.41 | $1.40 |
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PIPRSEIC
| Q1 26 | — | $622.2M | ||
| Q4 25 | $667.0M | $607.9M | ||
| Q3 25 | $480.1M | $578.5M | ||
| Q2 25 | $398.6M | $559.6M | ||
| Q1 25 | $358.6M | $551.3M | ||
| Q4 24 | $485.4M | $557.2M | ||
| Q3 24 | $360.9M | $537.4M | ||
| Q2 24 | $340.8M | $519.0M |
净利润PIPRSEIC
| Q1 26 | — | $174.5M | ||
| Q4 25 | $114.0M | $172.5M | ||
| Q3 25 | $60.3M | $164.2M | ||
| Q2 25 | $42.2M | $227.1M | ||
| Q1 25 | $64.9M | $151.5M | ||
| Q4 24 | $69.1M | $155.8M | ||
| Q3 24 | $34.8M | $154.9M | ||
| Q2 24 | $34.8M | $139.1M |
毛利率PIPRSEIC
| Q1 26 | — | — | ||
| Q4 25 | — | 36.8% | ||
| Q3 25 | — | 35.0% | ||
| Q2 25 | — | 33.8% | ||
| Q1 25 | — | 34.9% | ||
| Q4 24 | — | 33.1% | ||
| Q3 24 | — | 33.8% | ||
| Q2 24 | — | 32.7% |
营业利润率PIPRSEIC
| Q1 26 | — | 30.5% | ||
| Q4 25 | 28.3% | 26.6% | ||
| Q3 25 | 22.4% | 27.7% | ||
| Q2 25 | 12.3% | 26.6% | ||
| Q1 25 | 8.2% | 28.5% | ||
| Q4 24 | 16.9% | 26.1% | ||
| Q3 24 | 15.4% | 26.8% | ||
| Q2 24 | 8.3% | 26.3% |
净利率PIPRSEIC
| Q1 26 | — | 28.0% | ||
| Q4 25 | 17.1% | 28.4% | ||
| Q3 25 | 12.6% | 28.4% | ||
| Q2 25 | 10.6% | 40.6% | ||
| Q1 25 | 18.1% | 27.5% | ||
| Q4 24 | 14.2% | 28.0% | ||
| Q3 24 | 9.6% | 28.8% | ||
| Q2 24 | 10.2% | 26.8% |
每股收益（稀释后）PIPRSEIC
| Q1 26 | — | $1.40 | ||
| Q4 25 | $6.41 | $1.38 | ||
| Q3 25 | $3.38 | $1.30 | ||
| Q2 25 | $2.38 | $1.78 | ||
| Q1 25 | $3.65 | $1.17 | ||
| Q4 24 | $3.88 | $1.18 | ||
| Q3 24 | $1.96 | $1.19 | ||
| Q2 24 | $1.97 | $1.05 |
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 | — | $363.1M |
| 总债务越低越好 | — | $32.4M |
| 股东权益账面价值 | $1.4B | $2.5B |
| 总资产 | $2.6B | $3.3B |
| 负债/权益比越低杠杆越低 | — | 0.01× |
8季度趋势，按日历期对齐
现金及短期投资PIPRSEIC
| Q1 26 | — | $363.1M | ||
| Q4 25 | — | $399.8M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $710.7M | ||
| Q4 24 | — | $839.9M | ||
| Q3 24 | — | $901.1M | ||
| Q2 24 | — | $768.3M |
总债务PIPRSEIC
| Q1 26 | — | $32.4M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益PIPRSEIC
| Q1 26 | — | $2.5B | ||
| Q4 25 | $1.4B | $2.4B | ||
| Q3 25 | $1.3B | $2.4B | ||
| Q2 25 | $1.2B | $2.3B | ||
| Q1 25 | $1.2B | $2.3B | ||
| Q4 24 | $1.2B | $2.3B | ||
| Q3 24 | $1.2B | $2.4B | ||
| Q2 24 | $1.1B | $2.2B |
总资产PIPRSEIC
| Q1 26 | — | $3.3B | ||
| Q4 25 | $2.6B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.0B | $2.6B | ||
| Q1 25 | $1.8B | $2.6B | ||
| Q4 24 | $2.3B | $2.7B | ||
| Q3 24 | $2.0B | $2.7B | ||
| Q2 24 | $1.9B | $2.5B |
负债/权益比PIPRSEIC
| Q1 26 | — | 0.01× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $729.8M | — |
| 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× | — |
| 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PIPRSEIC
| Q1 26 | — | — | ||
| Q4 25 | $729.8M | $126.4M | ||
| Q3 25 | $31.9M | $238.3M | ||
| Q2 25 | $32.1M | $96.5M | ||
| Q1 25 | $-207.2M | $146.5M | ||
| Q4 24 | $163.8M | $195.3M | ||
| Q3 24 | $80.1M | $200.0M | ||
| Q2 24 | $266.5M | $114.7M |
自由现金流PIPRSEIC
| Q1 26 | — | — | ||
| Q4 25 | — | $124.8M | ||
| Q3 25 | — | $229.6M | ||
| Q2 25 | — | $92.7M | ||
| Q1 25 | — | $137.8M | ||
| Q4 24 | — | $190.2M | ||
| Q3 24 | — | $193.7M | ||
| Q2 24 | — | $107.0M |
自由现金流率PIPRSEIC
| Q1 26 | — | — | ||
| Q4 25 | — | 20.5% | ||
| Q3 25 | — | 39.7% | ||
| Q2 25 | — | 16.6% | ||
| Q1 25 | — | 25.0% | ||
| Q4 24 | — | 34.1% | ||
| Q3 24 | — | 36.0% | ||
| Q2 24 | — | 20.6% |
资本支出强度PIPRSEIC
| Q1 26 | — | — | ||
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 1.6% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 1.5% |
现金转化率PIPRSEIC
| Q1 26 | — | — | ||
| Q4 25 | 6.40× | 0.73× | ||
| Q3 25 | 0.53× | 1.45× | ||
| Q2 25 | 0.76× | 0.43× | ||
| Q1 25 | -3.19× | 0.97× | ||
| Q4 24 | 2.37× | 1.25× | ||
| Q3 24 | 2.30× | 1.29× | ||
| Q2 24 | 7.66× | 0.82× |
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% |
SEIC
暂无分部数据
