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PIPER SANDLER COMPANIES（PIPR）与Vestis Corp（VSTS）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Vestis Corp的1.0倍（$667.0M vs $663.4M），PIPER SANDLER COMPANIES净利率更高（17.1% vs -1.0%，领先18.1%），PIPER SANDLER COMPANIES同比增速更快（37.4% vs -3.0%），过去两年PIPER SANDLER COMPANIES的营收复合增速更高（39.2% vs -3.0%）
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。
Vestis Corp是北美领先的工作制服、安全防护服饰及配套设施服务供应商，服务覆盖医疗、制造、零售、餐饮住宿、公共服务等多个领域，为企业客户提供定制化的制服租赁、清洁与日常维护解决方案。
PIPR vs VSTS — 直观对比
营收规模更大
PIPR
是对方的1.0倍
$663.4M
营收增速更快
PIPR
高出40.4%
-3.0%
净利率更高
PIPR
高出18.1%
-1.0%
两年增速更快
PIPR
近两年复合增速
-3.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $667.0M | $663.4M |
| 净利润 | $114.0M | $-6.4M |
| 毛利率 | — | — |
| 营业利润率 | 28.3% | 2.5% |
| 净利率 | 17.1% | -1.0% |
| 营收同比 | 37.4% | -3.0% |
| 净利润同比 | 65.0% | -868.1% |
| 每股收益（稀释后） | $6.41 | $-0.05 |
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PIPRVSTS
| Q1 26 | — | $663.4M | ||
| Q4 25 | $667.0M | $712.0M | ||
| Q3 25 | $480.1M | — | ||
| Q2 25 | $398.6M | $673.8M | ||
| Q1 25 | $358.6M | $665.2M | ||
| Q4 24 | $485.4M | $683.8M | ||
| Q3 24 | $360.9M | $684.3M | ||
| Q2 24 | $340.8M | $698.2M |
净利润PIPRVSTS
| Q1 26 | — | $-6.4M | ||
| Q4 25 | $114.0M | $-12.5M | ||
| Q3 25 | $60.3M | — | ||
| Q2 25 | $42.2M | $-676.0K | ||
| Q1 25 | $64.9M | $-27.8M | ||
| Q4 24 | $69.1M | $832.0K | ||
| Q3 24 | $34.8M | $-2.3M | ||
| Q2 24 | $34.8M | $5.0M |
营业利润率PIPRVSTS
| Q1 26 | — | 2.5% | ||
| Q4 25 | 28.3% | 2.5% | ||
| Q3 25 | 22.4% | — | ||
| Q2 25 | 12.3% | 3.7% | ||
| Q1 25 | 8.2% | -1.3% | ||
| Q4 24 | 16.9% | 4.4% | ||
| Q3 24 | 15.4% | 4.4% | ||
| Q2 24 | 8.3% | 5.4% |
净利率PIPRVSTS
| Q1 26 | — | -1.0% | ||
| Q4 25 | 17.1% | -1.8% | ||
| Q3 25 | 12.6% | — | ||
| Q2 25 | 10.6% | -0.1% | ||
| Q1 25 | 18.1% | -4.2% | ||
| Q4 24 | 14.2% | 0.1% | ||
| Q3 24 | 9.6% | -0.3% | ||
| Q2 24 | 10.2% | 0.7% |
每股收益（稀释后）PIPRVSTS
| Q1 26 | — | $-0.05 | ||
| Q4 25 | $6.41 | $-0.10 | ||
| Q3 25 | $3.38 | — | ||
| Q2 25 | $2.38 | $-0.01 | ||
| Q1 25 | $3.65 | $-0.21 | ||
| Q4 24 | $3.88 | $0.01 | ||
| Q3 24 | $1.96 | $-0.02 | ||
| Q2 24 | $1.97 | $0.04 |
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 | — | $41.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.4B | $864.4M |
| 总资产 | $2.6B | $2.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资PIPRVSTS
| Q1 26 | — | $41.5M | ||
| Q4 25 | — | $29.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $23.7M | ||
| Q1 25 | — | $28.8M | ||
| Q4 24 | — | $18.6M | ||
| Q3 24 | — | $31.0M | ||
| Q2 24 | — | $29.1M |
总债务PIPRVSTS
| Q1 26 | — | — | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — |
股东权益PIPRVSTS
| Q1 26 | — | $864.4M | ||
| Q4 25 | $1.4B | $865.6M | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.2B | $882.2M | ||
| Q1 25 | $1.2B | $876.3M | ||
| Q4 24 | $1.2B | $899.6M | ||
| Q3 24 | $1.2B | $903.1M | ||
| Q2 24 | $1.1B | $901.2M |
总资产PIPRVSTS
| Q1 26 | — | $2.9B | ||
| Q4 25 | $2.6B | $2.9B | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.0B | $2.9B | ||
| Q1 25 | $1.8B | $2.9B | ||
| Q4 24 | $2.3B | $2.9B | ||
| Q3 24 | $2.0B | $2.9B | ||
| Q2 24 | $1.9B | $3.1B |
负债/权益比PIPRVSTS
| Q1 26 | — | — | ||
| Q4 25 | — | 1.35× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.29× | ||
| 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 | $37.7M |
| 自由现金流经营现金流 - 资本支出 | — | $28.3M |
| 自由现金流率自由现金流/营收 | — | 4.3% |
| 资本支出强度资本支出/营收 | — | 1.4% |
| 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 | — | $45.0M |
8季度趋势，按日历期对齐
经营现金流PIPRVSTS
| Q1 26 | — | $37.7M | ||
| Q4 25 | $729.8M | $30.9M | ||
| Q3 25 | $31.9M | — | ||
| Q2 25 | $32.1M | $22.9M | ||
| Q1 25 | $-207.2M | $6.7M | ||
| Q4 24 | $163.8M | $3.8M | ||
| Q3 24 | $80.1M | $295.6M | ||
| Q2 24 | $266.5M | $48.7M |
自由现金流PIPRVSTS
| Q1 26 | — | $28.3M | ||
| Q4 25 | — | $15.6M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $8.0M | ||
| Q1 25 | — | $-6.9M | ||
| Q4 24 | — | $-11.0M | ||
| Q3 24 | — | $267.5M | ||
| Q2 24 | — | $27.7M |
自由现金流率PIPRVSTS
| Q1 26 | — | 4.3% | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | -1.0% | ||
| Q4 24 | — | -1.6% | ||
| Q3 24 | — | 39.1% | ||
| Q2 24 | — | 4.0% |
资本支出强度PIPRVSTS
| Q1 26 | — | 1.4% | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 2.2% | ||
| Q3 24 | — | 4.1% | ||
| Q2 24 | — | 3.0% |
现金转化率PIPRVSTS
| Q1 26 | — | — | ||
| Q4 25 | 6.40× | — | ||
| Q3 25 | 0.53× | — | ||
| Q2 25 | 0.76× | — | ||
| Q1 25 | -3.19× | — | ||
| Q4 24 | 2.37× | 4.54× | ||
| Q3 24 | 2.30× | — | ||
| Q2 24 | 7.66× | 9.66× |
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% |
VSTS
| Workplace Supplies | $375.2M | 57% |
| Uniforms | $227.7M | 34% |
| Other | $60.5M | 9% |
