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PennyMac Mortgage Investment Trust（PMT）与STURM RUGER & CO INC（RGR）财务数据对比。点击上方公司名可切换其他公司
STURM RUGER & CO INC的季度营收约是PennyMac Mortgage Investment Trust的1.6倍（$151.1M vs $93.6M），STURM RUGER & CO INC同比增速更快（3.6% vs -13.3%），过去两年PennyMac Mortgage Investment Trust的营收复合增速更高（12.3% vs 5.1%）
PennyMac Mortgage Investment Trust是总部位于美国的房地产投资信托，专注于住宅抵押贷款相关资产，主要投资履约及违约抵押贷款、住宅抵押贷款支持证券和信用风险转移工具，业务覆盖美国住房市场的投资管理与抵押贷款服务板块。
鲁格公司（Ruger）是总部位于美国康涅狄格州绍斯波特的枪械制造企业，除总部外，还在新罕布什尔州纽波特、北卡罗来纳州梅约丹以及亚利桑那州普雷斯科特设有生产工厂。公司由亚历山大·麦考密克·斯特姆与威廉·B·鲁格于1949年共同创立，自1969年起公开上市交易。
PMT vs RGR — 直观对比
营收规模更大
RGR
是对方的1.6倍
$93.6M
营收增速更快
RGR
高出16.9%
-13.3%
两年增速更快
PMT
近两年复合增速
5.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $93.6M | $151.1M |
| 净利润 | $52.4M | — |
| 毛利率 | — | 17.8% |
| 营业利润率 | 38.6% | 2.3% |
| 净利率 | 56.0% | — |
| 营收同比 | -13.3% | 3.6% |
| 净利润同比 | 12.5% | — |
| 每股收益（稀释后） | $0.49 | $0.22 |
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PMTRGR
| Q4 25 | $93.6M | $151.1M | ||
| Q3 25 | $99.2M | $126.8M | ||
| Q2 25 | $70.2M | $132.5M | ||
| Q1 25 | $44.5M | $135.7M | ||
| Q4 24 | $107.9M | $145.8M | ||
| Q3 24 | $80.9M | $122.3M | ||
| Q2 24 | $71.2M | $130.8M | ||
| Q1 24 | $74.2M | $136.8M |
净利润PMTRGR
| Q4 25 | $52.4M | — | ||
| Q3 25 | $58.3M | $1.6M | ||
| Q2 25 | $7.5M | $-17.2M | ||
| Q1 25 | $9.7M | $7.8M | ||
| Q4 24 | $46.5M | — | ||
| Q3 24 | $41.4M | $4.7M | ||
| Q2 24 | $25.4M | $8.3M | ||
| Q1 24 | $47.6M | $7.1M |
毛利率PMTRGR
| Q4 25 | — | 17.8% | ||
| Q3 25 | — | 15.1% | ||
| Q2 25 | — | 3.9% | ||
| Q1 25 | — | 22.0% | ||
| Q4 24 | — | 22.8% | ||
| Q3 24 | — | 18.5% | ||
| Q2 24 | — | 22.3% | ||
| Q1 24 | — | 21.5% |
营业利润率PMTRGR
| Q4 25 | 38.6% | 2.3% | ||
| Q3 25 | 47.4% | -2.7% | ||
| Q2 25 | 24.2% | -15.6% | ||
| Q1 25 | -14.2% | 6.2% | ||
| Q4 24 | 51.1% | 7.8% | ||
| Q3 24 | 32.8% | 3.1% | ||
| Q2 24 | 40.2% | 6.9% | ||
| Q1 24 | 43.6% | 5.5% |
净利率PMTRGR
| Q4 25 | 56.0% | — | ||
| Q3 25 | 58.7% | 1.2% | ||
| Q2 25 | 10.7% | -13.0% | ||
| Q1 25 | 21.8% | 5.7% | ||
| Q4 24 | 43.1% | — | ||
| Q3 24 | 51.2% | 3.9% | ||
| Q2 24 | 35.7% | 6.3% | ||
| Q1 24 | 64.2% | 5.2% |
每股收益（稀释后）PMTRGR
| Q4 25 | $0.49 | $0.22 | ||
| Q3 25 | $0.55 | $0.10 | ||
| Q2 25 | $-0.04 | $-1.05 | ||
| Q1 25 | $-0.01 | $0.46 | ||
| Q4 24 | $0.45 | $0.62 | ||
| Q3 24 | $0.36 | $0.28 | ||
| Q2 24 | $0.17 | $0.47 | ||
| Q1 24 | $0.39 | $0.40 |
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 | $190.5M | $92.5M |
| 总债务越低越好 | $1.1B | — |
| 股东权益账面价值 | $1.9B | $283.8M |
| 总资产 | $21.3B | $342.0M |
| 负债/权益比越低杠杆越低 | 0.58× | — |
8季度趋势，按日历期对齐
现金及短期投资PMTRGR
| Q4 25 | $190.5M | $92.5M | ||
| Q3 25 | $181.0M | $80.8M | ||
| Q2 25 | $108.6M | $101.4M | ||
| Q1 25 | $204.2M | $108.3M | ||
| Q4 24 | $103.2M | $105.5M | ||
| Q3 24 | $102.8M | $96.0M | ||
| Q2 24 | $336.3M | $105.6M | ||
| Q1 24 | $343.3M | $115.3M |
总债务PMTRGR
| Q4 25 | $1.1B | — | ||
| Q3 25 | $299.0M | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $968.4M | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $5.2B | — | ||
| Q2 24 | $5.4B | — | ||
| Q1 24 | $5.1B | — |
股东权益PMTRGR
| Q4 25 | $1.9B | $283.8M | ||
| Q3 25 | $1.9B | $279.6M | ||
| Q2 25 | $1.9B | $289.3M | ||
| Q1 25 | $1.9B | $321.5M | ||
| Q4 24 | $1.9B | $319.6M | ||
| Q3 24 | $1.9B | $314.9M | ||
| Q2 24 | $1.9B | $321.5M | ||
| Q1 24 | $2.0B | $332.0M |
总资产PMTRGR
| Q4 25 | $21.3B | $342.0M | ||
| Q3 25 | $18.5B | $342.3M | ||
| Q2 25 | $16.8B | $349.5M | ||
| Q1 25 | $14.9B | $379.0M | ||
| Q4 24 | $14.4B | $384.0M | ||
| Q3 24 | $13.1B | $373.5M | ||
| Q2 24 | $12.1B | $376.7M | ||
| Q1 24 | $12.3B | $385.0M |
负债/权益比PMTRGR
| Q4 25 | 0.58× | — | ||
| Q3 25 | 0.16× | — | ||
| Q2 25 | 0.65× | — | ||
| Q1 25 | 0.51× | — | ||
| Q4 24 | 0.52× | — | ||
| Q3 24 | 2.70× | — | ||
| Q2 24 | 2.76× | — | ||
| Q1 24 | 2.60× | — |
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 | $-7.2B | $15.5M |
| 自由现金流经营现金流 - 资本支出 | — | $12.3M |
| 自由现金流率自由现金流/营收 | — | 8.2% |
| 资本支出强度资本支出/营收 | — | 2.1% |
| 现金转化率经营现金流/净利润 | -137.76× | — |
| 过去12个月自由现金流最近4个季度 | — | $38.5M |
8季度趋势，按日历期对齐
经营现金流PMTRGR
| Q4 25 | $-7.2B | $15.5M | ||
| Q3 25 | $-1.3B | $12.9M | ||
| Q2 25 | $-2.0B | $14.7M | ||
| Q1 25 | $-594.3M | $11.1M | ||
| Q4 24 | $-2.7B | $20.0M | ||
| Q3 24 | $-983.8M | $9.4M | ||
| Q2 24 | $243.8M | $18.7M | ||
| Q1 24 | $-342.4M | $7.3M |
自由现金流PMTRGR
| Q4 25 | — | $12.3M | ||
| Q3 25 | — | $7.0M | ||
| Q2 25 | — | $9.1M | ||
| Q1 25 | — | $10.0M | ||
| Q4 24 | — | $16.4M | ||
| Q3 24 | — | $2.6M | ||
| Q2 24 | — | $10.1M | ||
| Q1 24 | — | $5.6M |
自由现金流率PMTRGR
| Q4 25 | — | 8.2% | ||
| Q3 25 | — | 5.5% | ||
| Q2 25 | — | 6.9% | ||
| Q1 25 | — | 7.4% | ||
| Q4 24 | — | 11.2% | ||
| Q3 24 | — | 2.1% | ||
| Q2 24 | — | 7.7% | ||
| Q1 24 | — | 4.1% |
资本支出强度PMTRGR
| Q4 25 | — | 2.1% | ||
| Q3 25 | — | 4.6% | ||
| Q2 25 | — | 4.2% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | — | 5.5% | ||
| Q2 24 | — | 6.6% | ||
| Q1 24 | — | 1.3% |
现金转化率PMTRGR
| Q4 25 | -137.76× | — | ||
| Q3 25 | -22.26× | 8.15× | ||
| Q2 25 | -267.53× | — | ||
| Q1 25 | -61.39× | 1.43× | ||
| Q4 24 | -58.08× | — | ||
| Q3 24 | -23.76× | 1.98× | ||
| Q2 24 | 9.59× | 2.27× | ||
| Q1 24 | -7.19× | 1.04× |
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
PMT
| Other | $55.0M | 59% |
| Interest Rate Sensitive Strategies | $31.4M | 34% |
| Correspondent Production | $7.2M | 8% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
