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利氏兄弟拍卖行（RBA）与Tyler Technologies（TYL）财务数据对比。点击上方公司名可切换其他公司
利氏兄弟拍卖行的季度营收约是Tyler Technologies的2.0倍（$1.2B vs $613.5M），Tyler Technologies净利率更高（13.2% vs 11.0%，领先2.2%），利氏兄弟拍卖行同比增速更快（11.4% vs 8.6%），过去两年Tyler Technologies的营收复合增速更高（6.5% 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。
Tyler Technologies, Inc.是总部位于美国得克萨斯州普莱诺的科技企业，主营面向美国公共部门提供自研专有软件，目前在全美17个州设有办事处，另在加拿大安大略省多伦多市设有一处办公网点。
RBA vs TYL — 直观对比
营收规模更大
RBA
是对方的2.0倍
$613.5M
营收增速更快
RBA
高出2.8%
8.6%
净利率更高
TYL
高出2.2%
11.0%
两年增速更快
TYL
近两年复合增速
6.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $613.5M |
| 净利润 | $135.6M | $81.2M |
| 毛利率 | — | 48.3% |
| 营业利润率 | 17.6% | 16.3% |
| 净利率 | 11.0% | 13.2% |
| 营收同比 | 11.4% | 8.6% |
| 净利润同比 | 19.7% | — |
| 每股收益（稀释后） | $0.66 | $1.88 |
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RBATYL
| Q1 26 | $1.2B | $613.5M | ||
| Q4 25 | $1.2B | $575.2M | ||
| Q3 25 | $1.1B | $595.9M | ||
| Q2 25 | $1.2B | $596.1M | ||
| Q1 25 | $1.1B | $565.2M | ||
| Q4 24 | $1.1B | $541.1M | ||
| Q3 24 | $981.8M | $543.3M | ||
| Q2 24 | $1.1B | $541.0M |
净利润RBATYL
| Q1 26 | $135.6M | $81.2M | ||
| Q4 25 | $109.7M | $65.5M | ||
| Q3 25 | $95.5M | $84.4M | ||
| Q2 25 | $109.8M | $84.6M | ||
| Q1 25 | $113.4M | $81.1M | ||
| Q4 24 | $118.5M | $65.2M | ||
| Q3 24 | $76.1M | $75.9M | ||
| Q2 24 | $111.1M | $67.7M |
毛利率RBATYL
| Q1 26 | — | 48.3% | ||
| Q4 25 | — | 45.5% | ||
| Q3 25 | — | 47.2% | ||
| Q2 25 | — | 45.8% | ||
| Q1 25 | — | 47.3% | ||
| Q4 24 | — | 43.8% | ||
| Q3 24 | — | 43.7% | ||
| Q2 24 | — | 44.0% |
营业利润率RBATYL
| Q1 26 | 17.6% | 16.3% | ||
| Q4 25 | 14.7% | 13.0% | ||
| Q3 25 | 14.5% | 16.4% | ||
| Q2 25 | 15.9% | 16.0% | ||
| Q1 25 | 17.1% | 15.8% | ||
| Q4 24 | 18.1% | 13.2% | ||
| Q3 24 | 15.6% | 15.2% | ||
| Q2 24 | 18.4% | 14.4% |
净利率RBATYL
| Q1 26 | 11.0% | 13.2% | ||
| Q4 25 | 9.1% | 11.4% | ||
| Q3 25 | 8.7% | 14.2% | ||
| Q2 25 | 9.3% | 14.2% | ||
| Q1 25 | 10.2% | 14.3% | ||
| Q4 24 | 10.4% | 12.1% | ||
| Q3 24 | 7.8% | 14.0% | ||
| Q2 24 | 10.1% | 12.5% |
每股收益（稀释后）RBATYL
| Q1 26 | $0.66 | $1.88 | ||
| Q4 25 | $0.53 | $1.50 | ||
| Q3 25 | $0.43 | $1.93 | ||
| Q2 25 | $0.53 | $1.93 | ||
| Q1 25 | $0.55 | $1.84 | ||
| Q4 24 | $0.58 | $1.48 | ||
| Q3 24 | $0.36 | $1.74 | ||
| Q2 24 | $0.54 | $1.57 |
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 | $346.4M |
| 总债务越低越好 | $2.6B | — |
| 股东权益账面价值 | $5.6B | $3.6B |
| 总资产 | $12.4B | $4.8B |
| 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RBATYL
| Q1 26 | $667.2M | $346.4M | ||
| Q4 25 | $531.5M | $1.1B | ||
| Q3 25 | $674.7M | $950.8M | ||
| Q2 25 | $710.2M | $892.3M | ||
| Q1 25 | $578.1M | $807.4M | ||
| Q4 24 | $533.9M | $768.0M | ||
| Q3 24 | $650.7M | $544.3M | ||
| Q2 24 | $599.5M | $258.0M |
总债务RBATYL
| Q1 26 | $2.6B | — | ||
| Q4 25 | $2.3B | $599.7M | ||
| Q3 25 | $2.6B | $599.2M | ||
| Q2 25 | $2.6B | $598.8M | ||
| Q1 25 | $2.6B | $598.4M | ||
| Q4 24 | $2.6B | $597.9M | ||
| Q3 24 | $2.7B | $597.5M | ||
| Q2 24 | $2.8B | $597.1M |
股东权益RBATYL
| Q1 26 | $5.6B | $3.6B | ||
| Q4 25 | $5.6B | $3.7B | ||
| Q3 25 | $5.5B | $3.6B | ||
| Q2 25 | $5.5B | $3.6B | ||
| Q1 25 | $5.3B | $3.5B | ||
| Q4 24 | $5.2B | $3.4B | ||
| Q3 24 | $5.2B | $3.3B | ||
| Q2 24 | $5.2B | $3.1B |
总资产RBATYL
| Q1 26 | $12.4B | $4.8B | ||
| Q4 25 | $12.1B | $5.6B | ||
| Q3 25 | $12.2B | $5.5B | ||
| Q2 25 | $12.2B | $5.4B | ||
| Q1 25 | $11.9B | $5.2B | ||
| Q4 24 | $11.8B | $5.2B | ||
| Q3 24 | $11.9B | $5.0B | ||
| Q2 24 | $12.1B | $4.8B |
负债/权益比RBATYL
| Q1 26 | 0.45× | — | ||
| Q4 25 | 0.42× | 0.16× | ||
| Q3 25 | 0.47× | 0.17× | ||
| Q2 25 | 0.47× | 0.16× | ||
| Q1 25 | 0.50× | 0.17× | ||
| Q4 24 | 0.50× | 0.18× | ||
| Q3 24 | 0.52× | 0.18× | ||
| Q2 24 | 0.55× | 0.19× |
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 | $107.3M |
| 自由现金流经营现金流 - 资本支出 | — | $2.0M |
| 自由现金流率自由现金流/营收 | — | 0.3% |
| 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× | 1.32× |
| 过去12个月自由现金流最近4个季度 | — | $585.7M |
8季度趋势，按日历期对齐
经营现金流RBATYL
| Q1 26 | $224.1M | $107.3M | ||
| Q4 25 | $255.2M | $243.9M | ||
| Q3 25 | $239.7M | $255.2M | ||
| Q2 25 | $326.5M | $98.3M | ||
| Q1 25 | $156.8M | $56.2M | ||
| Q4 24 | $184.5M | $224.8M | ||
| Q3 24 | $285.4M | $263.7M | ||
| Q2 24 | $337.3M | $64.3M |
自由现金流RBATYL
| Q1 26 | — | $2.0M | ||
| Q4 25 | $186.5M | $239.6M | ||
| Q3 25 | $188.5M | $251.3M | ||
| Q2 25 | $241.7M | $92.8M | ||
| Q1 25 | $102.5M | $53.8M | ||
| Q4 24 | $127.9M | $221.0M | ||
| Q3 24 | $248.5M | $260.8M | ||
| Q2 24 | $308.6M | $57.7M |
自由现金流率RBATYL
| Q1 26 | — | 0.3% | ||
| Q4 25 | 15.5% | 41.7% | ||
| Q3 25 | 17.3% | 42.2% | ||
| Q2 25 | 20.4% | 15.6% | ||
| Q1 25 | 9.2% | 9.5% | ||
| Q4 24 | 11.2% | 40.8% | ||
| Q3 24 | 25.3% | 48.0% | ||
| Q2 24 | 28.2% | 10.7% |
资本支出强度RBATYL
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | 0.8% | ||
| Q3 25 | 4.7% | 0.7% | ||
| Q2 25 | 7.2% | 0.9% | ||
| Q1 25 | 4.9% | 0.4% | ||
| Q4 24 | 5.0% | 0.7% | ||
| Q3 24 | 3.8% | 0.5% | ||
| Q2 24 | 2.6% | 1.2% |
现金转化率RBATYL
| Q1 26 | 1.65× | 1.32× | ||
| Q4 25 | 2.33× | 3.72× | ||
| Q3 25 | 2.51× | 3.02× | ||
| Q2 25 | 2.97× | 1.16× | ||
| Q1 25 | 1.38× | 0.69× | ||
| Q4 24 | 1.56× | 3.45× | ||
| Q3 24 | 3.75× | 3.47× | ||
| Q2 24 | 3.04× | 0.95× |
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% |
TYL
| Subscriptions | $429.7M | 70% |
| Maintenance | $108.9M | 18% |
| Other | $74.9M | 12% |
