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PTC Inc.（PTC）与STIFEL FINANCIAL CORP（SF）财务数据对比。点击上方公司名可切换其他公司
STIFEL FINANCIAL CORP的季度营收约是PTC Inc.的2.2倍（$1.7B vs $774.3M），PTC Inc.净利率更高（76.3% vs 15.1%，领先61.2%），PTC Inc.同比增速更快（21.7% vs 17.7%），过去两年STIFEL FINANCIAL CORP的营收复合增速更高（44.4% vs 22.2%）
PTC是1985年成立的美国计算机软件与服务企业，总部位于马萨诸塞州波士顿。公司1988年率先推出参数化关联特征驱动的三维CAD建模软件，1998年发布基于互联网的产品生命周期管理（PLM）产品，目前面向合作伙伴与开发者提供物联网、增强现实（AR）平台及相关产品服务。
司迪富金融是美国跨国独立投资银行及金融服务提供商，总部位于密苏里州圣路易斯市中心。其历史可追溯至1890年成立的Altheimer & Rawlings投资公司，1983年正式以Stifel为名成立，1986年11月24日在纽约证券交易所挂牌上市，为全球客户提供多元化金融服务。
PTC vs SF — 直观对比
营收规模更大
SF
是对方的2.2倍
$774.3M
营收增速更快
PTC
高出3.9%
17.7%
净利率更高
PTC
高出61.2%
15.1%
两年增速更快
SF
近两年复合增速
22.2%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $774.3M | $1.7B |
| 净利润 | $590.7M | $251.4M |
| 毛利率 | 99.1% | — |
| 营业利润率 | 38.2% | 30.8% |
| 净利率 | 76.3% | 15.1% |
| 营收同比 | 21.7% | 17.7% |
| 净利润同比 | 141.2% | 374.4% |
| 每股收益（稀释后） | $4.98 | $1.48 |
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PTCSF
| Q1 26 | $774.3M | $1.7B | ||
| Q4 25 | $685.8M | $1.1B | ||
| Q3 25 | $893.8M | $962.6M | ||
| Q2 25 | $643.9M | $838.9M | ||
| Q1 25 | $636.4M | $842.5M | ||
| Q4 24 | $565.1M | $916.0M | ||
| Q3 24 | $626.5M | $810.9M | ||
| Q2 24 | $518.6M | $798.9M |
净利润PTCSF
| Q1 26 | $590.7M | $251.4M | ||
| Q4 25 | $166.5M | $264.4M | ||
| Q3 25 | $347.8M | $211.4M | ||
| Q2 25 | $141.3M | $155.1M | ||
| Q1 25 | $162.6M | $53.0M | ||
| Q4 24 | $82.2M | $244.0M | ||
| Q3 24 | $126.5M | $158.5M | ||
| Q2 24 | $69.0M | $165.3M |
毛利率PTCSF
| Q1 26 | 99.1% | — | ||
| Q4 25 | 82.8% | — | ||
| Q3 25 | 86.9% | — | ||
| Q2 25 | 82.9% | — | ||
| Q1 25 | 83.3% | — | ||
| Q4 24 | 80.2% | — | ||
| Q3 24 | 82.0% | — | ||
| Q2 24 | 78.4% | — |
营业利润率PTCSF
| Q1 26 | 38.2% | 30.8% | ||
| Q4 25 | 32.2% | 27.3% | ||
| Q3 25 | 48.5% | 29.7% | ||
| Q2 25 | 32.6% | 25.5% | ||
| Q1 25 | 35.1% | 7.5% | ||
| Q4 24 | 20.4% | 29.1% | ||
| Q3 24 | 31.0% | 26.7% | ||
| Q2 24 | 18.5% | 28.4% |
净利率PTCSF
| Q1 26 | 76.3% | 15.1% | ||
| Q4 25 | 24.3% | 23.5% | ||
| Q3 25 | 38.9% | 22.0% | ||
| Q2 25 | 21.9% | 18.5% | ||
| Q1 25 | 25.6% | 6.3% | ||
| Q4 24 | 14.6% | 26.6% | ||
| Q3 24 | 20.2% | 19.5% | ||
| Q2 24 | 13.3% | 20.7% |
每股收益（稀释后）PTCSF
| Q1 26 | $4.98 | $1.48 | ||
| Q4 25 | $1.39 | $2.30 | ||
| Q3 25 | $2.88 | $1.84 | ||
| Q2 25 | $1.17 | $1.34 | ||
| Q1 25 | $1.35 | $0.39 | ||
| Q4 24 | $0.68 | $2.10 | ||
| Q3 24 | $1.05 | $1.34 | ||
| Q2 24 | $0.57 | $1.41 |
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 | $439.1M | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.9B | $332.3M |
| 总资产 | $6.5B | $42.9B |
| 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PTCSF
| Q1 26 | $439.1M | — | ||
| Q4 25 | $209.7M | $2.3B | ||
| Q3 25 | $184.4M | $3.2B | ||
| Q2 25 | $199.3M | $1.9B | ||
| Q1 25 | $235.2M | $2.7B | ||
| Q4 24 | $196.3M | $2.6B | ||
| Q3 24 | $265.8M | $1.9B | ||
| Q2 24 | $247.7M | $2.6B |
总债务PTCSF
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $617.4M | ||
| Q3 25 | $1.2B | $617.2M | ||
| Q2 25 | $1.2B | $617.0M | ||
| Q1 25 | $1.4B | $616.8M | ||
| Q4 24 | $1.0B | $616.6M | ||
| Q3 24 | $1.2B | $616.4M | ||
| Q2 24 | $1.3B | $1.1B |
股东权益PTCSF
| Q1 26 | $3.9B | $332.3M | ||
| Q4 25 | $3.8B | $6.0B | ||
| Q3 25 | $3.8B | $5.8B | ||
| Q2 25 | $3.5B | $5.6B | ||
| Q1 25 | $3.4B | $5.5B | ||
| Q4 24 | $3.2B | $5.7B | ||
| Q3 24 | $3.2B | $5.6B | ||
| Q2 24 | $3.0B | $5.4B |
总资产PTCSF
| Q1 26 | $6.5B | $42.9B | ||
| Q4 25 | $6.4B | $41.3B | ||
| Q3 25 | $6.6B | $41.7B | ||
| Q2 25 | $6.2B | $39.9B | ||
| Q1 25 | $6.2B | $40.4B | ||
| Q4 24 | $6.1B | $39.9B | ||
| Q3 24 | $6.4B | $38.9B | ||
| Q2 24 | $6.1B | $37.8B |
负债/权益比PTCSF
| Q1 26 | — | — | ||
| Q4 25 | 0.31× | 0.10× | ||
| Q3 25 | 0.31× | 0.11× | ||
| Q2 25 | 0.34× | 0.11× | ||
| Q1 25 | 0.40× | 0.11× | ||
| Q4 24 | 0.32× | 0.11× | ||
| Q3 24 | 0.38× | 0.11× | ||
| Q2 24 | 0.43× | 0.21× |
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 | $320.9M | — |
| 自由现金流经营现金流 - 资本支出 | $318.0M | — |
| 自由现金流率自由现金流/营收 | 41.1% | — |
| 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 | 0.54× | — |
| 过去12个月自由现金流最近4个季度 | $927.9M | — |
8季度趋势，按日历期对齐
经营现金流PTCSF
| Q1 26 | $320.9M | — | ||
| Q4 25 | $269.7M | $382.4M | ||
| Q3 25 | $104.0M | $338.3M | ||
| Q2 25 | $243.9M | $607.5M | ||
| Q1 25 | $281.3M | $-211.2M | ||
| Q4 24 | $238.4M | $694.6M | ||
| Q3 24 | $98.1M | $198.3M | ||
| Q2 24 | $213.8M | $207.2M |
自由现金流PTCSF
| Q1 26 | $318.0M | — | ||
| Q4 25 | $267.4M | $369.0M | ||
| Q3 25 | $100.5M | $321.1M | ||
| Q2 25 | $242.0M | $592.7M | ||
| Q1 25 | $278.5M | $-227.8M | ||
| Q4 24 | $235.7M | $677.2M | ||
| Q3 24 | $93.6M | $185.6M | ||
| Q2 24 | $212.2M | $173.3M |
自由现金流率PTCSF
| Q1 26 | 41.1% | — | ||
| Q4 25 | 39.0% | 32.7% | ||
| Q3 25 | 11.2% | 33.4% | ||
| Q2 25 | 37.6% | 70.6% | ||
| Q1 25 | 43.8% | -27.0% | ||
| Q4 24 | 41.7% | 73.9% | ||
| Q3 24 | 14.9% | 22.9% | ||
| Q2 24 | 40.9% | 21.7% |
资本支出强度PTCSF
| Q1 26 | — | — | ||
| Q4 25 | 0.3% | 1.2% | ||
| Q3 25 | 0.4% | 1.8% | ||
| Q2 25 | 0.3% | 1.8% | ||
| Q1 25 | 0.4% | 2.0% | ||
| Q4 24 | 0.5% | 1.9% | ||
| Q3 24 | 0.7% | 1.6% | ||
| Q2 24 | 0.3% | 4.2% |
现金转化率PTCSF
| Q1 26 | 0.54× | — | ||
| Q4 25 | 1.62× | 1.45× | ||
| Q3 25 | 0.30× | 1.60× | ||
| Q2 25 | 1.73× | 3.92× | ||
| Q1 25 | 1.73× | -3.99× | ||
| Q4 24 | 2.90× | 2.85× | ||
| Q3 24 | 0.78× | 1.25× | ||
| Q2 24 | 3.10× | 1.25× |
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
PTC
| Recurring revenue | $743.4M | 96% |
| Other | $24.0M | 3% |
| Perpetual license | $6.9M | 1% |
SF
| Other | $506.7M | 30% |
| Asset management | $459.5M | 28% |
| Investment banking | $341.4M | 20% |
| Commissions | $207.8M | 12% |
| Principal transactions | $150.2M | 9% |
