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Raymond James Financial（RJF）与Sempra（SRE）财务数据对比。点击上方公司名可切换其他公司
Raymond James Financial的季度营收约是Sempra的1.3倍（$4.2B vs $3.3B），Raymond James Financial净利率更高（13.5% vs 10.7%，领先2.8%），Sempra同比增速更快（6.9% vs 3.5%），Raymond James Financial自由现金流更多（$-56.0M vs $-2.2B），过去两年Raymond James Financial的营收复合增速更高（7.1% vs -5.8%）
雷蒙德詹姆斯金融是美国跨国独立投资银行及金融服务机构，通过旗下子公司为个人、企业及市政主体提供多元金融服务，核心业务覆盖投资与财务规划、投资银行、资产管理等领域，总部位于美国佛罗里达州圣彼得堡。
Sempra是总部位于美国加利福尼亚州圣地亚哥的北美公用事业控股企业，也是美国规模最大的公用事业控股公司之一，服务覆盖近4000万用户，在北美能源供应及公共服务领域拥有领先的市场地位与丰富的运营经验。
RJF vs SRE — 直观对比
营收规模更大
RJF
是对方的1.3倍
$3.3B
营收增速更快
SRE
高出3.4%
3.5%
净利率更高
RJF
高出2.8%
10.7%
自由现金流更多
RJF
多$2.2B
$-2.2B
两年增速更快
RJF
近两年复合增速
-5.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.2B | $3.3B |
| 净利润 | $563.0M | $352.0M |
| 毛利率 | — | — |
| 营业利润率 | — | 7.2% |
| 净利率 | 13.5% | 10.7% |
| 营收同比 | 3.5% | 6.9% |
| 净利润同比 | -6.2% | -47.9% |
| 每股收益（稀释后） | $2.79 | $0.53 |
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RJFSRE
| Q4 25 | $4.2B | $3.3B | ||
| Q3 25 | $4.2B | $2.8B | ||
| Q2 25 | $3.8B | $2.7B | ||
| Q1 25 | $3.8B | $3.7B | ||
| Q4 24 | $4.0B | $3.1B | ||
| Q3 24 | $4.0B | $2.6B | ||
| Q2 24 | $3.8B | $2.5B | ||
| Q1 24 | $3.6B | $3.7B |
净利润RJFSRE
| Q4 25 | $563.0M | $352.0M | ||
| Q3 25 | $604.0M | $95.0M | ||
| Q2 25 | $436.0M | $473.0M | ||
| Q1 25 | $495.0M | $917.0M | ||
| Q4 24 | $600.0M | $676.0M | ||
| Q3 24 | $602.0M | $649.0M | ||
| Q2 24 | $492.0M | $725.0M | ||
| Q1 24 | $476.0M | $812.0M |
营业利润率RJFSRE
| Q4 25 | — | 7.2% | ||
| Q3 25 | — | 10.6% | ||
| Q2 25 | 14.7% | 17.3% | ||
| Q1 25 | 17.5% | 21.5% | ||
| Q4 24 | 18.6% | 35.0% | ||
| Q3 24 | — | 12.9% | ||
| Q2 24 | 17.1% | 18.8% | ||
| Q1 24 | 16.7% | 22.7% |
净利率RJFSRE
| Q4 25 | 13.5% | 10.7% | ||
| Q3 25 | 14.4% | 3.4% | ||
| Q2 25 | 11.3% | 17.5% | ||
| Q1 25 | 12.9% | 24.9% | ||
| Q4 24 | 14.9% | 22.0% | ||
| Q3 24 | 15.0% | 25.3% | ||
| Q2 24 | 13.1% | 29.2% | ||
| Q1 24 | 13.1% | 22.0% |
每股收益（稀释后）RJFSRE
| Q4 25 | $2.79 | $0.53 | ||
| Q3 25 | $2.96 | $0.12 | ||
| Q2 25 | $2.12 | $0.71 | ||
| Q1 25 | $2.36 | $1.39 | ||
| Q4 24 | $2.86 | $1.04 | ||
| Q3 24 | $2.85 | $1.00 | ||
| Q2 24 | $2.31 | $1.12 | ||
| Q1 24 | $2.22 | $1.26 |
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 | $9.9B | $29.0M |
| 总债务越低越好 | — | $29.0B |
| 股东权益账面价值 | $12.6B | $31.6B |
| 总资产 | $88.8B | $110.9B |
| 负债/权益比越低杠杆越低 | — | 0.92× |
8季度趋势，按日历期对齐
现金及短期投资RJFSRE
| Q4 25 | $9.9B | $29.0M | ||
| Q3 25 | $11.4B | $5.0M | ||
| Q2 25 | $9.2B | $155.0M | ||
| Q1 25 | $9.7B | $1.7B | ||
| Q4 24 | $10.0B | $1.6B | ||
| Q3 24 | $11.0B | $560.0M | ||
| Q2 24 | $9.1B | $228.0M | ||
| Q1 24 | $10.0B | $606.0M |
总债务RJFSRE
| Q4 25 | — | $29.0B | ||
| Q3 25 | — | $29.0B | ||
| Q2 25 | — | $34.9B | ||
| Q1 25 | — | $33.3B | ||
| Q4 24 | — | $31.6B | ||
| Q3 24 | — | $31.0B | ||
| Q2 24 | — | $29.0B | ||
| Q1 24 | — | $29.5B |
股东权益RJFSRE
| Q4 25 | $12.6B | $31.6B | ||
| Q3 25 | $12.5B | $31.2B | ||
| Q2 25 | $12.3B | $31.7B | ||
| Q1 25 | $12.2B | $31.6B | ||
| Q4 24 | $11.9B | $31.2B | ||
| Q3 24 | $11.7B | $29.7B | ||
| Q2 24 | $11.2B | $29.5B | ||
| Q1 24 | $11.0B | $29.1B |
总资产RJFSRE
| Q4 25 | $88.8B | $110.9B | ||
| Q3 25 | $88.2B | $106.9B | ||
| Q2 25 | $84.8B | $99.9B | ||
| Q1 25 | $83.1B | $99.0B | ||
| Q4 24 | $82.3B | $96.2B | ||
| Q3 24 | $83.0B | $93.7B | ||
| Q2 24 | $80.6B | $90.5B | ||
| Q1 24 | $81.2B | $89.6B |
负债/权益比RJFSRE
| Q4 25 | — | 0.92× | ||
| Q3 25 | — | 0.93× | ||
| Q2 25 | — | 1.10× | ||
| Q1 25 | — | 1.05× | ||
| Q4 24 | — | 1.01× | ||
| Q3 24 | — | 1.04× | ||
| Q2 24 | — | 0.98× | ||
| Q1 24 | — | 1.01× |
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 | $-10.0M | $1.2B |
| 自由现金流经营现金流 - 资本支出 | $-56.0M | $-2.2B |
| 自由现金流率自由现金流/营收 | -1.3% | -67.7% |
| 资本支出强度资本支出/营收 | 1.1% | 104.0% |
| 现金转化率经营现金流/净利润 | -0.02× | 3.38× |
| 过去12个月自由现金流最近4个季度 | $1.4B | $-6.0B |
8季度趋势，按日历期对齐
经营现金流RJFSRE
| Q4 25 | $-10.0M | $1.2B | ||
| Q3 25 | $796.0M | $1.1B | ||
| Q2 25 | $691.0M | $784.0M | ||
| Q1 25 | $117.0M | $1.5B | ||
| Q4 24 | $830.0M | $1.4B | ||
| Q3 24 | $510.0M | $1.0B | ||
| Q2 24 | $711.0M | $669.0M | ||
| Q1 24 | $391.0M | $1.9B |
自由现金流RJFSRE
| Q4 25 | $-56.0M | $-2.2B | ||
| Q3 25 | $752.0M | $-1.5B | ||
| Q2 25 | $634.0M | $-1.5B | ||
| Q1 25 | $71.0M | $-854.0M | ||
| Q4 24 | $789.0M | $-1.1B | ||
| Q3 24 | $460.0M | $-913.0M | ||
| Q2 24 | $655.0M | $-1.2B | ||
| Q1 24 | $342.0M | $-82.0M |
自由现金流率RJFSRE
| Q4 25 | -1.3% | -67.7% | ||
| Q3 25 | 17.9% | -52.6% | ||
| Q2 25 | 16.5% | -56.3% | ||
| Q1 25 | 1.8% | -23.2% | ||
| Q4 24 | 19.6% | -35.4% | ||
| Q3 24 | 11.5% | -35.5% | ||
| Q2 24 | 17.4% | -49.4% | ||
| Q1 24 | 9.4% | -2.2% |
资本支出强度RJFSRE
| Q4 25 | 1.1% | 104.0% | ||
| Q3 25 | 1.1% | 92.9% | ||
| Q2 25 | 1.5% | 85.3% | ||
| Q1 25 | 1.2% | 63.5% | ||
| Q4 24 | 1.0% | 79.9% | ||
| Q3 24 | 1.2% | 75.3% | ||
| Q2 24 | 1.5% | 76.4% | ||
| Q1 24 | 1.3% | 52.3% |
现金转化率RJFSRE
| Q4 25 | -0.02× | 3.38× | ||
| Q3 25 | 1.32× | 11.68× | ||
| Q2 25 | 1.58× | 1.66× | ||
| Q1 25 | 0.24× | 1.62× | ||
| Q4 24 | 1.38× | 2.02× | ||
| Q3 24 | 0.85× | 1.57× | ||
| Q2 24 | 1.45× | 0.92× | ||
| Q1 24 | 0.82× | 2.28× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
