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Tyler Technologies（TYL）与W. P. Carey Inc.（WPC）财务数据对比。点击上方公司名可切换其他公司
Tyler Technologies的季度营收约是W. P. Carey Inc.的1.4倍（$613.5M vs $444.5M），W. P. Carey Inc.净利率更高（33.4% vs 13.2%，领先20.1%），W. P. Carey Inc.同比增速更快（9.4% vs 8.6%），过去两年W. P. Carey Inc.的营收复合增速更高（6.8% vs 6.5%）
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。
W.P.凯里是一家房地产投资信托企业，主打投资以三净租赁模式租予单一租户的物业。公司注册地位于美国马里兰州，核心办公地点设在纽约市，深耕商业地产投资领域，拥有成熟的运营经验与优质的项目资源。
TYL vs WPC — 直观对比
营收规模更大
TYL
是对方的1.4倍
$444.5M
营收增速更快
WPC
高出0.9%
8.6%
净利率更高
WPC
高出20.1%
13.2%
两年增速更快
WPC
近两年复合增速
6.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $613.5M | $444.5M |
| 净利润 | $81.2M | $148.3M |
| 毛利率 | 48.3% | — |
| 营业利润率 | 16.3% | 34.5% |
| 净利率 | 13.2% | 33.4% |
| 营收同比 | 8.6% | 9.4% |
| 净利润同比 | — | 215.4% |
| 每股收益（稀释后） | $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TYLWPC
| Q1 26 | $613.5M | — | ||
| Q4 25 | $575.2M | $444.5M | ||
| Q3 25 | $595.9M | $431.3M | ||
| Q2 25 | $596.1M | $430.8M | ||
| Q1 25 | $565.2M | $409.9M | ||
| Q4 24 | $541.1M | $406.2M | ||
| Q3 24 | $543.3M | $397.4M | ||
| Q2 24 | $541.0M | $389.7M |
净利润TYLWPC
| Q1 26 | $81.2M | — | ||
| Q4 25 | $65.5M | $148.3M | ||
| Q3 25 | $84.4M | $141.0M | ||
| Q2 25 | $84.6M | $51.2M | ||
| Q1 25 | $81.1M | $125.8M | ||
| Q4 24 | $65.2M | $47.0M | ||
| Q3 24 | $75.9M | $111.7M | ||
| Q2 24 | $67.7M | $142.9M |
毛利率TYLWPC
| 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TYLWPC
| Q1 26 | 16.3% | — | ||
| Q4 25 | 13.0% | 34.5% | ||
| Q3 25 | 16.4% | 34.7% | ||
| Q2 25 | 16.0% | 15.0% | ||
| Q1 25 | 15.8% | 33.5% | ||
| Q4 24 | 13.2% | 13.5% | ||
| Q3 24 | 15.2% | 30.4% | ||
| Q2 24 | 14.4% | 38.3% |
净利率TYLWPC
| Q1 26 | 13.2% | — | ||
| Q4 25 | 11.4% | 33.4% | ||
| Q3 25 | 14.2% | 32.7% | ||
| Q2 25 | 14.2% | 11.9% | ||
| Q1 25 | 14.3% | 30.7% | ||
| Q4 24 | 12.1% | 11.6% | ||
| Q3 24 | 14.0% | 28.1% | ||
| Q2 24 | 12.5% | 36.7% |
每股收益（稀释后）TYLWPC
| Q1 26 | $1.88 | — | ||
| Q4 25 | $1.50 | — | ||
| Q3 25 | $1.93 | — | ||
| Q2 25 | $1.93 | — | ||
| Q1 25 | $1.84 | — | ||
| Q4 24 | $1.48 | — | ||
| Q3 24 | $1.74 | — | ||
| Q2 24 | $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 | $346.4M | $155.3M |
| 总债务越低越好 | — | $8.7B |
| 股东权益账面价值 | $3.6B | $8.1B |
| 总资产 | $4.8B | $18.0B |
| 负债/权益比越低杠杆越低 | — | 1.07× |
8季度趋势，按日历期对齐
现金及短期投资TYLWPC
| Q1 26 | $346.4M | — | ||
| Q4 25 | $1.1B | $155.3M | ||
| Q3 25 | $950.8M | $249.0M | ||
| Q2 25 | $892.3M | $244.8M | ||
| Q1 25 | $807.4M | $187.8M | ||
| Q4 24 | $768.0M | $640.4M | ||
| Q3 24 | $544.3M | $818.2M | ||
| Q2 24 | $258.0M | $1.1B |
总债务TYLWPC
| Q1 26 | — | — | ||
| Q4 25 | $599.7M | $8.7B | ||
| Q3 25 | $599.2M | $8.7B | ||
| Q2 25 | $598.8M | $8.6B | ||
| Q1 25 | $598.4M | $7.9B | ||
| Q4 24 | $597.9M | $8.0B | ||
| Q3 24 | $597.5M | $8.0B | ||
| Q2 24 | $597.1M | $8.1B |
股东权益TYLWPC
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.7B | $8.1B | ||
| Q3 25 | $3.6B | $8.2B | ||
| Q2 25 | $3.6B | $8.2B | ||
| Q1 25 | $3.5B | $8.4B | ||
| Q4 24 | $3.4B | $8.4B | ||
| Q3 24 | $3.3B | $8.6B | ||
| Q2 24 | $3.1B | $8.6B |
总资产TYLWPC
| Q1 26 | $4.8B | — | ||
| Q4 25 | $5.6B | $18.0B | ||
| Q3 25 | $5.5B | $18.0B | ||
| Q2 25 | $5.4B | $18.0B | ||
| Q1 25 | $5.2B | $17.3B | ||
| Q4 24 | $5.2B | $17.5B | ||
| Q3 24 | $5.0B | $17.6B | ||
| Q2 24 | $4.8B | $17.8B |
负债/权益比TYLWPC
| Q1 26 | — | — | ||
| Q4 25 | 0.16× | 1.07× | ||
| Q3 25 | 0.17× | 1.06× | ||
| Q2 25 | 0.16× | 1.05× | ||
| Q1 25 | 0.17× | 0.94× | ||
| Q4 24 | 0.18× | 0.95× | ||
| Q3 24 | 0.18× | 0.93× | ||
| Q2 24 | 0.19× | 0.94× |
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 | $107.3M | $304.6M |
| 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 | 1.32× | 2.05× |
| 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TYLWPC
| Q1 26 | $107.3M | — | ||
| Q4 25 | $243.9M | $304.6M | ||
| Q3 25 | $255.2M | $300.5M | ||
| Q2 25 | $98.3M | $404.0M | ||
| Q1 25 | $56.2M | $273.2M | ||
| Q4 24 | $224.8M | $296.3M | ||
| Q3 24 | $263.7M | $280.2M | ||
| Q2 24 | $64.3M | $221.0M |
自由现金流TYLWPC
| Q1 26 | $2.0M | — | ||
| Q4 25 | $239.6M | — | ||
| Q3 25 | $251.3M | — | ||
| Q2 25 | $92.8M | — | ||
| Q1 25 | $53.8M | — | ||
| Q4 24 | $221.0M | — | ||
| Q3 24 | $260.8M | — | ||
| Q2 24 | $57.7M | — |
自由现金流率TYLWPC
| Q1 26 | 0.3% | — | ||
| Q4 25 | 41.7% | — | ||
| Q3 25 | 42.2% | — | ||
| Q2 25 | 15.6% | — | ||
| Q1 25 | 9.5% | — | ||
| Q4 24 | 40.8% | — | ||
| Q3 24 | 48.0% | — | ||
| Q2 24 | 10.7% | — |
资本支出强度TYLWPC
| Q1 26 | — | — | ||
| Q4 25 | 0.8% | — | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | 0.9% | — | ||
| Q1 25 | 0.4% | — | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 0.5% | — | ||
| Q2 24 | 1.2% | — |
现金转化率TYLWPC
| Q1 26 | 1.32× | — | ||
| Q4 25 | 3.72× | 2.05× | ||
| Q3 25 | 3.02× | 2.13× | ||
| Q2 25 | 1.16× | 7.89× | ||
| Q1 25 | 0.69× | 2.17× | ||
| Q4 24 | 3.45× | 6.30× | ||
| Q3 24 | 3.47× | 2.51× | ||
| Q2 24 | 0.95× | 1.55× |
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
TYL
| Subscriptions | $429.7M | 70% |
| Maintenance | $108.9M | 18% |
| Other | $74.9M | 12% |
WPC
暂无分部数据
