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PIPER SANDLER COMPANIES（PIPR）与Zurn Elkay Water Solutions Corp（ZWS）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Zurn Elkay Water Solutions Corp的1.6倍（$667.0M vs $407.2M），PIPER SANDLER COMPANIES净利率更高（17.1% vs 10.3%，领先6.7%），PIPER SANDLER COMPANIES同比增速更快（37.4% vs 9.8%），过去两年PIPER SANDLER COMPANIES的营收复合增速更高（39.2% vs 4.4%）
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。
Zurn Elkay Water Solutions是一家专业水资源管理解决方案提供商，主要生产销售商用给排水设备、饮用水系统、过滤产品及流量控制组件，服务北美及全球的商用、住宅、工业和公共基建领域，主打高效节水的可持续产品。
PIPR vs ZWS — 直观对比
营收规模更大
PIPR
是对方的1.6倍
$407.2M
营收增速更快
PIPR
高出27.6%
9.8%
净利率更高
PIPR
高出6.7%
10.3%
两年增速更快
PIPR
近两年复合增速
4.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $667.0M | $407.2M |
| 净利润 | $114.0M | $42.1M |
| 毛利率 | — | 44.4% |
| 营业利润率 | 28.3% | 14.8% |
| 净利率 | 17.1% | 10.3% |
| 营收同比 | 37.4% | 9.8% |
| 净利润同比 | 65.0% | 15.7% |
| 每股收益（稀释后） | $6.41 | $0.24 |
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PIPRZWS
| Q4 25 | $667.0M | $407.2M | ||
| Q3 25 | $480.1M | $455.4M | ||
| Q2 25 | $398.6M | $444.5M | ||
| Q1 25 | $358.6M | $388.8M | ||
| Q4 24 | $485.4M | $370.7M | ||
| Q3 24 | $360.9M | $410.0M | ||
| Q2 24 | $340.8M | $412.0M | ||
| Q1 24 | $344.4M | $373.8M |
净利润PIPRZWS
| Q4 25 | $114.0M | $42.1M | ||
| Q3 25 | $60.3M | $61.8M | ||
| Q2 25 | $42.2M | $50.5M | ||
| Q1 25 | $64.9M | $43.6M | ||
| Q4 24 | $69.1M | $36.4M | ||
| Q3 24 | $34.8M | $43.5M | ||
| Q2 24 | $34.8M | $46.0M | ||
| Q1 24 | $42.5M | $34.3M |
毛利率PIPRZWS
| Q4 25 | — | 44.4% | ||
| Q3 25 | — | 44.1% | ||
| Q2 25 | — | 45.5% | ||
| Q1 25 | — | 46.6% | ||
| Q4 24 | — | 43.5% | ||
| Q3 24 | — | 46.2% | ||
| Q2 24 | — | 45.2% | ||
| Q1 24 | — | 45.5% |
营业利润率PIPRZWS
| Q4 25 | 28.3% | 14.8% | ||
| Q3 25 | 22.4% | 17.0% | ||
| Q2 25 | 12.3% | 17.5% | ||
| Q1 25 | 8.2% | 16.3% | ||
| Q4 24 | 16.9% | 13.3% | ||
| Q3 24 | 15.4% | 17.1% | ||
| Q2 24 | 8.3% | 17.5% | ||
| Q1 24 | 15.2% | 14.2% |
净利率PIPRZWS
| Q4 25 | 17.1% | 10.3% | ||
| Q3 25 | 12.6% | 13.6% | ||
| Q2 25 | 10.6% | 11.4% | ||
| Q1 25 | 18.1% | 11.2% | ||
| Q4 24 | 14.2% | 9.8% | ||
| Q3 24 | 9.6% | 10.6% | ||
| Q2 24 | 10.2% | 11.2% | ||
| Q1 24 | 12.3% | 9.2% |
每股收益（稀释后）PIPRZWS
| Q4 25 | $6.41 | $0.24 | ||
| Q3 25 | $3.38 | $0.36 | ||
| Q2 25 | $2.38 | $0.29 | ||
| Q1 25 | $3.65 | $0.26 | ||
| Q4 24 | $3.88 | $0.21 | ||
| Q3 24 | $1.96 | $0.25 | ||
| Q2 24 | $1.97 | $0.27 | ||
| Q1 24 | $2.43 | $0.19 |
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 | — | $300.5M |
| 总债务越低越好 | — | $496.5M |
| 股东权益账面价值 | $1.4B | $1.6B |
| 总资产 | $2.6B | $2.7B |
| 负债/权益比越低杠杆越低 | — | 0.31× |
8季度趋势，按日历期对齐
现金及短期投资PIPRZWS
| Q4 25 | — | $300.5M | ||
| Q3 25 | — | $260.1M | ||
| Q2 25 | — | $201.9M | ||
| Q1 25 | — | $144.7M | ||
| Q4 24 | — | $198.0M | ||
| Q3 24 | — | $187.9M | ||
| Q2 24 | — | $162.7M | ||
| Q1 24 | — | $157.1M |
总债务PIPRZWS
| Q4 25 | — | $496.5M | ||
| Q3 25 | — | $496.4M | ||
| Q2 25 | — | $495.9M | ||
| Q1 25 | — | $495.8M | ||
| Q4 24 | — | $495.6M | ||
| Q3 24 | — | $495.6M | ||
| Q2 24 | — | $495.5M | ||
| Q1 24 | — | $495.4M |
股东权益PIPRZWS
| Q4 25 | $1.4B | $1.6B | ||
| Q3 25 | $1.3B | $1.6B | ||
| Q2 25 | $1.2B | $1.6B | ||
| Q1 25 | $1.2B | $1.5B | ||
| Q4 24 | $1.2B | $1.6B | ||
| Q3 24 | $1.2B | $1.6B | ||
| Q2 24 | $1.1B | $1.6B | ||
| Q1 24 | $1.1B | $1.6B |
总资产PIPRZWS
| Q4 25 | $2.6B | $2.7B | ||
| Q3 25 | $2.2B | $2.7B | ||
| Q2 25 | $2.0B | $2.7B | ||
| Q1 25 | $1.8B | $2.6B | ||
| Q4 24 | $2.3B | $2.6B | ||
| Q3 24 | $2.0B | $2.7B | ||
| Q2 24 | $1.9B | $2.7B | ||
| Q1 24 | $1.8B | $2.7B |
负债/权益比PIPRZWS
| Q4 25 | — | 0.31× | ||
| Q3 25 | — | 0.31× | ||
| Q2 25 | — | 0.32× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | — | 0.31× | ||
| Q3 24 | — | 0.31× | ||
| Q2 24 | — | 0.31× | ||
| Q1 24 | — | 0.31× |
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 | $91.7M |
| 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× | 2.18× |
| 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PIPRZWS
| Q4 25 | $729.8M | $91.7M | ||
| Q3 25 | $31.9M | $101.3M | ||
| Q2 25 | $32.1M | $110.6M | ||
| Q1 25 | $-207.2M | $42.9M | ||
| Q4 24 | $163.8M | $63.6M | ||
| Q3 24 | $80.1M | $90.9M | ||
| Q2 24 | $266.5M | $85.1M | ||
| Q1 24 | $-197.2M | $53.9M |
现金转化率PIPRZWS
| Q4 25 | 6.40× | 2.18× | ||
| Q3 25 | 0.53× | 1.64× | ||
| Q2 25 | 0.76× | 2.19× | ||
| Q1 25 | -3.19× | 0.98× | ||
| Q4 24 | 2.37× | 1.75× | ||
| Q3 24 | 2.30× | 2.09× | ||
| Q2 24 | 7.66× | 1.85× | ||
| Q1 24 | -4.64× | 1.57× |
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% |
ZWS
暂无分部数据
