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PIPER SANDLER COMPANIES（PIPR）与森馨科技（SXT）财务数据对比。点击上方公司名可切换其他公司
PIPER SANDLER COMPANIES的季度营收约是森馨科技的1.5倍（$667.0M vs $435.8M），PIPER SANDLER COMPANIES净利率更高（17.1% vs 10.1%，领先7.0%），PIPER SANDLER COMPANIES同比增速更快（37.4% vs 11.1%），过去两年PIPER SANDLER COMPANIES的营收复合增速更高（39.2% vs 3.9%）
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。
森馨科技是总部位于美国威斯康星州密尔沃基的全球化色素、香精香料生产商及销售商，产品广泛应用于食品饮料、医药、化妆品、家居个护、特种印刷成像、计算机成像及工业着色等多个领域，旗下设有香精香料事业部与色素事业部两大核心业务板块。
PIPR vs SXT — 直观对比
营收规模更大
PIPR
是对方的1.5倍
$435.8M
营收增速更快
PIPR
高出26.3%
11.1%
净利率更高
PIPR
高出7.0%
10.1%
两年增速更快
PIPR
近两年复合增速
3.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $667.0M | $435.8M |
| 净利润 | $114.0M | $44.2M |
| 毛利率 | — | — |
| 营业利润率 | 28.3% | 15.3% |
| 净利率 | 17.1% | 10.1% |
| 营收同比 | 37.4% | 11.1% |
| 净利润同比 | 65.0% | 28.2% |
| 每股收益（稀释后） | $6.41 | $1.04 |
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PIPRSXT
| Q1 26 | — | $435.8M | ||
| Q4 25 | $667.0M | $393.4M | ||
| Q3 25 | $480.1M | $412.1M | ||
| Q2 25 | $398.6M | $414.2M | ||
| Q1 25 | $358.6M | $392.3M | ||
| Q4 24 | $485.4M | $376.4M | ||
| Q3 24 | $360.9M | $392.6M | ||
| Q2 24 | $340.8M | $403.5M |
净利润PIPRSXT
| Q1 26 | — | $44.2M | ||
| Q4 25 | $114.0M | $25.5M | ||
| Q3 25 | $60.3M | $37.0M | ||
| Q2 25 | $42.2M | $37.6M | ||
| Q1 25 | $64.9M | $34.5M | ||
| Q4 24 | $69.1M | $30.1M | ||
| Q3 24 | $34.8M | $32.7M | ||
| Q2 24 | $34.8M | $30.9M |
毛利率PIPRSXT
| Q1 26 | — | — | ||
| Q4 25 | — | 31.4% | ||
| Q3 25 | — | 34.3% | ||
| Q2 25 | — | 34.5% | ||
| Q1 25 | — | 33.6% | ||
| Q4 24 | — | 31.7% | ||
| Q3 24 | — | 33.2% | ||
| Q2 24 | — | 32.4% |
营业利润率PIPRSXT
| Q1 26 | — | 15.3% | ||
| Q4 25 | 28.3% | 9.7% | ||
| Q3 25 | 22.4% | 14.0% | ||
| Q2 25 | 12.3% | 13.9% | ||
| Q1 25 | 8.2% | 13.6% | ||
| Q4 24 | 16.9% | 11.2% | ||
| Q3 24 | 15.4% | 12.9% | ||
| Q2 24 | 8.3% | 12.3% |
净利率PIPRSXT
| Q1 26 | — | 10.1% | ||
| Q4 25 | 17.1% | 6.5% | ||
| Q3 25 | 12.6% | 9.0% | ||
| Q2 25 | 10.6% | 9.1% | ||
| Q1 25 | 18.1% | 8.8% | ||
| Q4 24 | 14.2% | 8.0% | ||
| Q3 24 | 9.6% | 8.3% | ||
| Q2 24 | 10.2% | 7.7% |
每股收益（稀释后）PIPRSXT
| Q1 26 | — | $1.04 | ||
| Q4 25 | $6.41 | $0.60 | ||
| Q3 25 | $3.38 | $0.87 | ||
| Q2 25 | $2.38 | $0.88 | ||
| Q1 25 | $3.65 | $0.81 | ||
| Q4 24 | $3.88 | $0.71 | ||
| Q3 24 | $1.96 | $0.77 | ||
| Q2 24 | $1.97 | $0.73 |
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 | — | $38.5M |
| 总债务越低越好 | — | $767.8M |
| 股东权益账面价值 | $1.4B | $1.2B |
| 总资产 | $2.6B | $2.3B |
| 负债/权益比越低杠杆越低 | — | 0.63× |
8季度趋势，按日历期对齐
现金及短期投资PIPRSXT
| Q1 26 | — | $38.5M | ||
| Q4 25 | — | $36.5M | ||
| Q3 25 | — | $42.7M | ||
| Q2 25 | — | $56.7M | ||
| Q1 25 | — | $32.6M | ||
| Q4 24 | — | $26.6M | ||
| Q3 24 | — | $37.0M | ||
| Q2 24 | — | $30.3M |
总债务PIPRSXT
| Q1 26 | — | $767.8M | ||
| Q4 25 | — | $709.2M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $613.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益PIPRSXT
| Q1 26 | — | $1.2B | ||
| Q4 25 | $1.4B | $1.2B | ||
| Q3 25 | $1.3B | $1.2B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $1.2B | $1.1B | ||
| Q4 24 | $1.2B | $1.1B | ||
| Q3 24 | $1.2B | $1.1B | ||
| Q2 24 | $1.1B | $1.1B |
总资产PIPRSXT
| Q1 26 | — | $2.3B | ||
| Q4 25 | $2.6B | $2.2B | ||
| Q3 25 | $2.2B | $2.2B | ||
| Q2 25 | $2.0B | $2.2B | ||
| Q1 25 | $1.8B | $2.1B | ||
| Q4 24 | $2.3B | $2.0B | ||
| Q3 24 | $2.0B | $2.0B | ||
| Q2 24 | $1.9B | $2.0B |
负债/权益比PIPRSXT
| Q1 26 | — | 0.63× | ||
| Q4 25 | — | 0.59× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.58× | ||
| 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PIPRSXT
| Q1 26 | — | — | ||
| Q4 25 | $729.8M | $44.6M | ||
| Q3 25 | $31.9M | $44.0M | ||
| Q2 25 | $32.1M | $48.3M | ||
| Q1 25 | $-207.2M | $-9.0M | ||
| Q4 24 | $163.8M | $21.4M | ||
| Q3 24 | $80.1M | $76.8M | ||
| Q2 24 | $266.5M | $43.8M |
自由现金流PIPRSXT
| Q1 26 | — | — | ||
| Q4 25 | — | $12.9M | ||
| Q3 25 | — | $24.2M | ||
| Q2 25 | — | $27.1M | ||
| Q1 25 | — | $-25.8M | ||
| Q4 24 | — | $-1.7M | ||
| Q3 24 | — | $63.6M | ||
| Q2 24 | — | $32.0M |
自由现金流率PIPRSXT
| Q1 26 | — | — | ||
| Q4 25 | — | 3.3% | ||
| Q3 25 | — | 5.9% | ||
| Q2 25 | — | 6.5% | ||
| Q1 25 | — | -6.6% | ||
| Q4 24 | — | -0.5% | ||
| Q3 24 | — | 16.2% | ||
| Q2 24 | — | 7.9% |
资本支出强度PIPRSXT
| Q1 26 | — | — | ||
| Q4 25 | — | 8.0% | ||
| Q3 25 | — | 4.8% | ||
| Q2 25 | — | 5.1% | ||
| Q1 25 | — | 4.3% | ||
| Q4 24 | — | 6.1% | ||
| Q3 24 | — | 3.4% | ||
| Q2 24 | — | 2.9% |
现金转化率PIPRSXT
| Q1 26 | — | — | ||
| Q4 25 | 6.40× | 1.75× | ||
| Q3 25 | 0.53× | 1.19× | ||
| Q2 25 | 0.76× | 1.28× | ||
| Q1 25 | -3.19× | -0.26× | ||
| Q4 24 | 2.37× | 0.71× | ||
| Q3 24 | 2.30× | 2.35× | ||
| Q2 24 | 7.66× | 1.42× |
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% |
SXT
暂无分部数据
