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Roper Technologies（ROP）与EchoStar CORP（SATS）财务数据对比。点击上方公司名可切换其他公司
EchoStar CORP的季度营收约是Roper Technologies的1.8倍（$3.8B vs $2.1B），Roper Technologies净利率更高（15.8% vs -31.8%，领先47.6%），Roper Technologies同比增速更快（11.3% vs -4.3%），Roper Technologies自由现金流更多（$507.0M vs $-583.4M），过去两年Roper Technologies的营收复合增速更高（10.5% vs -2.8%）
罗珀技术公司是一家专注于科技领域的控股企业，通过持有并运营多家不同细分赛道的科技公司，在科技产业投资与资产管理领域形成了成熟的业务体系，在全球相关市场具备较高的行业影响力。
EchoStar Corp曾于2004年至2011年与TiVo公司发生专利纠纷，TiVo主张前者侵犯其DVR技术相关专利。该案先后由美国得克萨斯州东区联邦地区法院、联邦巡回上诉法院审理，涉及专利侵权判定、禁令条款、侵权产品改造、藐视法庭裁定及处罚等多个争议点。
ROP vs SATS — 直观对比
营收规模更大
SATS
是对方的1.8倍
$2.1B
营收增速更快
ROP
高出15.6%
-4.3%
净利率更高
ROP
高出47.6%
-31.8%
自由现金流更多
ROP
多$1.1B
$-583.4M
两年增速更快
ROP
近两年复合增速
-2.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $3.8B |
| 净利润 | $331.0M | $-1.2B |
| 毛利率 | 69.4% | — |
| 营业利润率 | 27.2% | -20.5% |
| 净利率 | 15.8% | -31.8% |
| 营收同比 | 11.3% | -4.3% |
| 净利润同比 | 842.6% | -460.1% |
| 每股收益（稀释后） | $4.87 | $-4.27 |
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ROPSATS
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.1B | $3.8B | ||
| Q3 25 | $2.0B | $3.6B | ||
| Q2 25 | $1.9B | $3.7B | ||
| Q1 25 | $1.9B | $3.9B | ||
| Q4 24 | $1.9B | $4.0B | ||
| Q3 24 | $1.8B | $3.9B | ||
| Q2 24 | $1.7B | $4.0B |
净利润ROPSATS
| Q1 26 | $331.0M | — | ||
| Q4 25 | $428.4M | $-1.2B | ||
| Q3 25 | $398.5M | $-12.8B | ||
| Q2 25 | $378.3M | $-306.1M | ||
| Q1 25 | $331.1M | $-202.7M | ||
| Q4 24 | $462.3M | $335.2M | ||
| Q3 24 | $367.9M | $-141.8M | ||
| Q2 24 | $337.1M | $-205.6M |
毛利率ROPSATS
| Q1 26 | 69.4% | — | ||
| Q4 25 | 69.5% | — | ||
| Q3 25 | 69.5% | — | ||
| Q2 25 | 69.2% | — | ||
| Q1 25 | 68.7% | — | ||
| Q4 24 | 68.3% | — | ||
| Q3 24 | 69.2% | — | ||
| Q2 24 | 69.5% | — |
营业利润率ROPSATS
| Q1 26 | 27.2% | — | ||
| Q4 25 | 28.6% | -20.5% | ||
| Q3 25 | 28.4% | -460.5% | ||
| Q2 25 | 28.2% | -5.7% | ||
| Q1 25 | 27.9% | -2.3% | ||
| Q4 24 | 28.0% | -1.6% | ||
| Q3 24 | 28.1% | -4.1% | ||
| Q2 24 | 28.8% | -1.7% |
净利率ROPSATS
| Q1 26 | 15.8% | — | ||
| Q4 25 | 20.8% | -31.8% | ||
| Q3 25 | 19.8% | -353.6% | ||
| Q2 25 | 19.5% | -8.2% | ||
| Q1 25 | 17.6% | -5.2% | ||
| Q4 24 | 24.6% | 8.5% | ||
| Q3 24 | 20.8% | -3.6% | ||
| Q2 24 | 19.6% | -5.2% |
每股收益（稀释后）ROPSATS
| Q1 26 | $4.87 | — | ||
| Q4 25 | $3.97 | $-4.27 | ||
| Q3 25 | $3.68 | $-44.37 | ||
| Q2 25 | $3.49 | $-1.06 | ||
| Q1 25 | $3.06 | $-0.71 | ||
| Q4 24 | $4.29 | $1.24 | ||
| Q3 24 | $3.40 | $-0.52 | ||
| Q2 24 | $3.12 | $-0.76 |
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 | $382.9M | $3.0B |
| 总债务越低越好 | $9.7B | $18.7B |
| 股东权益账面价值 | $18.8B | $5.8B |
| 总资产 | $34.6B | $43.0B |
| 负债/权益比越低杠杆越低 | 0.52× | 3.24× |
8季度趋势，按日历期对齐
现金及短期投资ROPSATS
| Q1 26 | $382.9M | — | ||
| Q4 25 | $297.4M | $3.0B | ||
| Q3 25 | $320.0M | $3.9B | ||
| Q2 25 | $242.4M | $4.3B | ||
| Q1 25 | $372.8M | $5.1B | ||
| Q4 24 | $188.2M | $5.5B | ||
| Q3 24 | $269.6M | $674.4M | ||
| Q2 24 | $251.5M | $520.6M |
总债务ROPSATS
| Q1 26 | $9.7B | — | ||
| Q4 25 | $9.3B | $18.7B | ||
| Q3 25 | — | $21.8B | ||
| Q2 25 | — | $25.4B | ||
| Q1 25 | — | $25.3B | ||
| Q4 24 | $7.6B | $25.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益ROPSATS
| Q1 26 | $18.8B | — | ||
| Q4 25 | $19.9B | $5.8B | ||
| Q3 25 | $20.0B | $7.0B | ||
| Q2 25 | $19.6B | $19.7B | ||
| Q1 25 | $19.2B | $20.0B | ||
| Q4 24 | $18.9B | $20.2B | ||
| Q3 24 | $18.5B | $19.4B | ||
| Q2 24 | $18.1B | $19.6B |
总资产ROPSATS
| Q1 26 | $34.6B | — | ||
| Q4 25 | $34.6B | $43.0B | ||
| Q3 25 | $34.6B | $45.3B | ||
| Q2 25 | $33.2B | $59.9B | ||
| Q1 25 | $31.4B | $60.6B | ||
| Q4 24 | $31.3B | $60.9B | ||
| Q3 24 | $31.6B | $57.5B | ||
| Q2 24 | $29.8B | $55.3B |
负债/权益比ROPSATS
| Q1 26 | 0.52× | — | ||
| Q4 25 | 0.47× | 3.24× | ||
| Q3 25 | — | 3.13× | ||
| Q2 25 | — | 1.29× | ||
| Q1 25 | — | 1.27× | ||
| Q4 24 | 0.40× | 1.27× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $-425.3M |
| 自由现金流经营现金流 - 资本支出 | $507.0M | $-583.4M |
| 自由现金流率自由现金流/营收 | 24.2% | -15.4% |
| 资本支出强度资本支出/营收 | 0.5% | 4.2% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-1.1B |
8季度趋势，按日历期对齐
经营现金流ROPSATS
| Q1 26 | — | — | ||
| Q4 25 | $738.0M | $-425.3M | ||
| Q3 25 | $869.5M | $111.7M | ||
| Q2 25 | $404.1M | $7.5M | ||
| Q1 25 | $528.7M | $206.8M | ||
| Q4 24 | $722.2M | $45.6M | ||
| Q3 24 | $755.4M | $276.2M | ||
| Q2 24 | $384.1M | $479.7M |
自由现金流ROPSATS
| Q1 26 | $507.0M | — | ||
| Q4 25 | — | $-583.4M | ||
| Q3 25 | — | $-144.4M | ||
| Q2 25 | — | $-285.7M | ||
| Q1 25 | — | $-51.7M | ||
| Q4 24 | — | $-298.7M | ||
| Q3 24 | — | $-57.5M | ||
| Q2 24 | — | $132.4M |
自由现金流率ROPSATS
| Q1 26 | 24.2% | — | ||
| Q4 25 | — | -15.4% | ||
| Q3 25 | — | -4.0% | ||
| Q2 25 | — | -7.7% | ||
| Q1 25 | — | -1.3% | ||
| Q4 24 | — | -7.5% | ||
| Q3 24 | — | -1.5% | ||
| Q2 24 | — | 3.3% |
资本支出强度ROPSATS
| Q1 26 | 0.5% | — | ||
| Q4 25 | — | 4.2% | ||
| Q3 25 | — | 7.1% | ||
| Q2 25 | — | 7.9% | ||
| Q1 25 | — | 6.7% | ||
| Q4 24 | — | 8.7% | ||
| Q3 24 | — | 8.6% | ||
| Q2 24 | — | 8.8% |
现金转化率ROPSATS
| Q1 26 | — | — | ||
| Q4 25 | 1.72× | — | ||
| Q3 25 | 2.18× | — | ||
| Q2 25 | 1.07× | — | ||
| Q1 25 | 1.60× | — | ||
| Q4 24 | 1.56× | 0.14× | ||
| Q3 24 | 2.05× | — | ||
| Q2 24 | 1.14× | — |
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
ROP
暂无分部数据
SATS
| Pay Tv | $2.4B | 62% |
| Wireless Services And Related Revenue | $846.5M | 22% |
| Equipment Sales And Other Revenue | $346.5M | 9% |
| Broadband And Satellite Services And Other Revenue | $264.1M | 7% |
