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利氏兄弟拍卖行（RBA）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的季度营收约是利氏兄弟拍卖行的1.3倍（$1.7B vs $1.2B），STIFEL FINANCIAL CORP净利率更高（15.1% vs 11.0%，领先4.1%），STIFEL FINANCIAL CORP同比增速更快（17.7% vs 11.4%），过去两年STIFEL FINANCIAL CORP的营收复合增速更高（44.4% vs 6.1%）
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
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。
RBA vs SF — 直观对比
营收规模更大
SF
是对方的1.3倍
$1.2B
营收增速更快
SF
高出6.4%
11.4%
净利率更高
SF
高出4.1%
11.0%
两年增速更快
SF
近两年复合增速
6.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.7B |
| 净利润 | $135.6M | $251.4M |
| 毛利率 | — | — |
| 营业利润率 | 17.6% | 30.8% |
| 净利率 | 11.0% | 15.1% |
| 营收同比 | 11.4% | 17.7% |
| 净利润同比 | 19.7% | 374.4% |
| 每股收益（稀释后） | $0.66 | $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RBASF
| Q1 26 | $1.2B | $1.7B | ||
| Q4 25 | $1.2B | $1.1B | ||
| Q3 25 | $1.1B | $962.6M | ||
| Q2 25 | $1.2B | $838.9M | ||
| Q1 25 | $1.1B | $842.5M | ||
| Q4 24 | $1.1B | $916.0M | ||
| Q3 24 | $981.8M | $810.9M | ||
| Q2 24 | $1.1B | $798.9M |
净利润RBASF
| Q1 26 | $135.6M | $251.4M | ||
| Q4 25 | $109.7M | $264.4M | ||
| Q3 25 | $95.5M | $211.4M | ||
| Q2 25 | $109.8M | $155.1M | ||
| Q1 25 | $113.4M | $53.0M | ||
| Q4 24 | $118.5M | $244.0M | ||
| Q3 24 | $76.1M | $158.5M | ||
| Q2 24 | $111.1M | $165.3M |
营业利润率RBASF
| Q1 26 | 17.6% | 30.8% | ||
| Q4 25 | 14.7% | 27.3% | ||
| Q3 25 | 14.5% | 29.7% | ||
| Q2 25 | 15.9% | 25.5% | ||
| Q1 25 | 17.1% | 7.5% | ||
| Q4 24 | 18.1% | 29.1% | ||
| Q3 24 | 15.6% | 26.7% | ||
| Q2 24 | 18.4% | 28.4% |
净利率RBASF
| Q1 26 | 11.0% | 15.1% | ||
| Q4 25 | 9.1% | 23.5% | ||
| Q3 25 | 8.7% | 22.0% | ||
| Q2 25 | 9.3% | 18.5% | ||
| Q1 25 | 10.2% | 6.3% | ||
| Q4 24 | 10.4% | 26.6% | ||
| Q3 24 | 7.8% | 19.5% | ||
| Q2 24 | 10.1% | 20.7% |
每股收益（稀释后）RBASF
| Q1 26 | $0.66 | $1.48 | ||
| Q4 25 | $0.53 | $2.30 | ||
| Q3 25 | $0.43 | $1.84 | ||
| Q2 25 | $0.53 | $1.34 | ||
| Q1 25 | $0.55 | $0.39 | ||
| Q4 24 | $0.58 | $2.10 | ||
| Q3 24 | $0.36 | $1.34 | ||
| Q2 24 | $0.54 | $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 | $667.2M | — |
| 总债务越低越好 | $2.6B | — |
| 股东权益账面价值 | $5.6B | $332.3M |
| 总资产 | $12.4B | $42.9B |
| 负债/权益比越低杠杆越低 | 0.45× | — |
8季度趋势，按日历期对齐
现金及短期投资RBASF
| Q1 26 | $667.2M | — | ||
| Q4 25 | $531.5M | $2.3B | ||
| Q3 25 | $674.7M | $3.2B | ||
| Q2 25 | $710.2M | $1.9B | ||
| Q1 25 | $578.1M | $2.7B | ||
| Q4 24 | $533.9M | $2.6B | ||
| Q3 24 | $650.7M | $1.9B | ||
| Q2 24 | $599.5M | $2.6B |
总债务RBASF
| Q1 26 | $2.6B | — | ||
| Q4 25 | $2.3B | $617.4M | ||
| Q3 25 | $2.6B | $617.2M | ||
| Q2 25 | $2.6B | $617.0M | ||
| Q1 25 | $2.6B | $616.8M | ||
| Q4 24 | $2.6B | $616.6M | ||
| Q3 24 | $2.7B | $616.4M | ||
| Q2 24 | $2.8B | $1.1B |
股东权益RBASF
| Q1 26 | $5.6B | $332.3M | ||
| Q4 25 | $5.6B | $6.0B | ||
| Q3 25 | $5.5B | $5.8B | ||
| Q2 25 | $5.5B | $5.6B | ||
| Q1 25 | $5.3B | $5.5B | ||
| Q4 24 | $5.2B | $5.7B | ||
| Q3 24 | $5.2B | $5.6B | ||
| Q2 24 | $5.2B | $5.4B |
总资产RBASF
| Q1 26 | $12.4B | $42.9B | ||
| Q4 25 | $12.1B | $41.3B | ||
| Q3 25 | $12.2B | $41.7B | ||
| Q2 25 | $12.2B | $39.9B | ||
| Q1 25 | $11.9B | $40.4B | ||
| Q4 24 | $11.8B | $39.9B | ||
| Q3 24 | $11.9B | $38.9B | ||
| Q2 24 | $12.1B | $37.8B |
负债/权益比RBASF
| Q1 26 | 0.45× | — | ||
| Q4 25 | 0.42× | 0.10× | ||
| Q3 25 | 0.47× | 0.11× | ||
| Q2 25 | 0.47× | 0.11× | ||
| Q1 25 | 0.50× | 0.11× | ||
| Q4 24 | 0.50× | 0.11× | ||
| Q3 24 | 0.52× | 0.11× | ||
| Q2 24 | 0.55× | 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 | $224.1M | — |
| 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 | 1.65× | — |
| 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RBASF
| Q1 26 | $224.1M | — | ||
| Q4 25 | $255.2M | $382.4M | ||
| Q3 25 | $239.7M | $338.3M | ||
| Q2 25 | $326.5M | $607.5M | ||
| Q1 25 | $156.8M | $-211.2M | ||
| Q4 24 | $184.5M | $694.6M | ||
| Q3 24 | $285.4M | $198.3M | ||
| Q2 24 | $337.3M | $207.2M |
自由现金流RBASF
| Q1 26 | — | — | ||
| Q4 25 | $186.5M | $369.0M | ||
| Q3 25 | $188.5M | $321.1M | ||
| Q2 25 | $241.7M | $592.7M | ||
| Q1 25 | $102.5M | $-227.8M | ||
| Q4 24 | $127.9M | $677.2M | ||
| Q3 24 | $248.5M | $185.6M | ||
| Q2 24 | $308.6M | $173.3M |
自由现金流率RBASF
| Q1 26 | — | — | ||
| Q4 25 | 15.5% | 32.7% | ||
| Q3 25 | 17.3% | 33.4% | ||
| Q2 25 | 20.4% | 70.6% | ||
| Q1 25 | 9.2% | -27.0% | ||
| Q4 24 | 11.2% | 73.9% | ||
| Q3 24 | 25.3% | 22.9% | ||
| Q2 24 | 28.2% | 21.7% |
资本支出强度RBASF
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | 1.2% | ||
| Q3 25 | 4.7% | 1.8% | ||
| Q2 25 | 7.2% | 1.8% | ||
| Q1 25 | 4.9% | 2.0% | ||
| Q4 24 | 5.0% | 1.9% | ||
| Q3 24 | 3.8% | 1.6% | ||
| Q2 24 | 2.6% | 4.2% |
现金转化率RBASF
| Q1 26 | 1.65× | — | ||
| Q4 25 | 2.33× | 1.45× | ||
| Q3 25 | 2.51× | 1.60× | ||
| Q2 25 | 2.97× | 3.92× | ||
| Q1 25 | 1.38× | -3.99× | ||
| Q4 24 | 1.56× | 2.85× | ||
| Q3 24 | 3.75× | 1.25× | ||
| Q2 24 | 3.04× | 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
RBA
| Transactional buyer revenue | $577.5M | 47% |
| Inventory sales revenue | $336.9M | 27% |
| Transactional seller revenue | $241.3M | 20% |
| Marketplace services revenue | $78.9M | 6% |
SF
| Other | $506.7M | 30% |
| Asset management | $459.5M | 28% |
| Investment banking | $341.4M | 20% |
| Commissions | $207.8M | 12% |
| Principal transactions | $150.2M | 9% |
