vs
American Assets Trust, Inc.（AAT）与AvalonBay Communities（AVB）财务数据对比。点击上方公司名可切换其他公司
American Assets Trust, Inc.的季度营收约是AvalonBay Communities的5.3倍（$9.6M vs $1.8M）。AvalonBay Communities同比增速更快（5.5% vs -5.5%）。AvalonBay Communities自由现金流更多（$322.5M vs $23.0M）。过去两年AvalonBay Communities的营收复合增速更高（1.1% vs -5.2%）
该公司是一家大型英国投资信托，在伦敦证券交易所上市，同时是富时250指数的成分股，现任董事长为获颁CBE勋章的伊恩·弗格森。
AvalonBay Communities是一家公开上市的房地产投资信托（REIT），核心业务聚焦公寓类不动产的投资与运营，旗下持有并管理大量区位优质的公寓项目，为租户提供高品质居住服务，在北美住宅地产投资领域拥有较高知名度。
AAT vs AVB — 直观对比
营收规模更大
AAT
是对方的5.3倍
$1.8M
营收增速更快
AVB
高出11.0%
-5.5%
自由现金流更多
AVB
多$299.5M
$23.0M
两年增速更快
AVB
近两年复合增速
-5.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $9.6M | $1.8M |
| 净利润 | — | $166.0M |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | — | 9040.6% |
| 营收同比 | -5.5% | 5.5% |
| 净利润同比 | — | -41.2% |
| 每股收益（稀释后） | $0.06 | $1.18 |
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AATAVB
| Q4 25 | $9.6M | $1.8M | ||
| Q3 25 | $10.1M | $1.9M | ||
| Q2 25 | $10.2M | $1.6M | ||
| Q1 25 | $9.9M | $1.7M | ||
| Q4 24 | $10.2M | $1.7M | ||
| Q3 24 | $11.4M | $1.7M | ||
| Q2 24 | $10.6M | $1.8M | ||
| Q1 24 | $10.7M | $1.8M |
净利润AATAVB
| Q4 25 | — | $166.0M | ||
| Q3 25 | $4.5M | $381.3M | ||
| Q2 25 | $5.5M | $268.7M | ||
| Q1 25 | $42.5M | $236.6M | ||
| Q4 24 | — | $282.1M | ||
| Q3 24 | $16.7M | $372.5M | ||
| Q2 24 | $11.9M | $253.9M | ||
| Q1 24 | $19.3M | $173.4M |
净利率AATAVB
| Q4 25 | — | 9040.6% | ||
| Q3 25 | 44.6% | 20390.7% | ||
| Q2 25 | 53.2% | 16854.8% | ||
| Q1 25 | 429.3% | 13581.9% | ||
| Q4 24 | — | 16212.2% | ||
| Q3 24 | 145.5% | 21708.6% | ||
| Q2 24 | 111.9% | 13876.2% | ||
| Q1 24 | 179.4% | 9662.9% |
每股收益（稀释后）AATAVB
| Q4 25 | $0.06 | $1.18 | ||
| Q3 25 | $0.07 | $2.68 | ||
| Q2 25 | $0.09 | $1.88 | ||
| Q1 25 | $0.70 | $1.66 | ||
| Q4 24 | $0.14 | $1.99 | ||
| Q3 24 | $0.28 | $2.61 | ||
| Q2 24 | $0.20 | $1.78 | ||
| Q1 24 | $0.32 | $1.22 |
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 | $129.4M | $187.2M |
| 总债务越低越好 | $1.7B | $9.3B |
| 股东权益账面价值 | $1.2B | $11.6B |
| 总资产 | $2.9B | $22.2B |
| 负债/权益比越低杠杆越低 | 1.48× | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资AATAVB
| Q4 25 | $129.4M | $187.2M | ||
| Q3 25 | $138.7M | $123.3M | ||
| Q2 25 | $143.7M | $102.8M | ||
| Q1 25 | $143.9M | $53.3M | ||
| Q4 24 | $425.7M | $108.6M | ||
| Q3 24 | $533.0M | $552.4M | ||
| Q2 24 | $114.9M | $545.8M | ||
| Q1 24 | $98.6M | $287.9M |
总债务AATAVB
| Q4 25 | $1.7B | $9.3B | ||
| Q3 25 | — | $8.7B | ||
| Q2 25 | — | $8.7B | ||
| Q1 25 | — | $8.3B | ||
| Q4 24 | $2.0B | $8.1B | ||
| Q3 24 | — | $8.4B | ||
| Q2 24 | — | $8.4B | ||
| Q1 24 | — | $8.0B |
股东权益AATAVB
| Q4 25 | $1.2B | $11.6B | ||
| Q3 25 | $1.2B | $11.9B | ||
| Q2 25 | $1.2B | $11.9B | ||
| Q1 25 | $1.2B | $11.9B | ||
| Q4 24 | $1.2B | $11.9B | ||
| Q3 24 | $1.2B | $11.9B | ||
| Q2 24 | $1.2B | $11.7B | ||
| Q1 24 | $1.2B | $11.7B |
总资产AATAVB
| Q4 25 | $2.9B | $22.2B | ||
| Q3 25 | $2.9B | $21.9B | ||
| Q2 25 | $3.0B | $21.8B | ||
| Q1 25 | $3.0B | $21.2B | ||
| Q4 24 | $3.3B | $21.0B | ||
| Q3 24 | $3.4B | $21.3B | ||
| Q2 24 | $3.0B | $21.0B | ||
| Q1 24 | $3.0B | $20.6B |
负债/权益比AATAVB
| Q4 25 | 1.48× | 0.80× | ||
| Q3 25 | — | 0.73× | ||
| Q2 25 | — | 0.72× | ||
| Q1 25 | — | 0.70× | ||
| Q4 24 | 1.72× | 0.68× | ||
| Q3 24 | — | 0.70× | ||
| Q2 24 | — | 0.71× | ||
| Q1 24 | — | 0.68× |
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 | $40.6M | $400.4M |
| 自由现金流经营现金流 - 资本支出 | $23.0M | $322.5M |
| 自由现金流率自由现金流/营收 | 238.4% | 17563.8% |
| 资本支出强度资本支出/营收 | 182.1% | 4246.2% |
| 现金转化率经营现金流/净利润 | — | 2.41× |
| 过去12个月自由现金流最近4个季度 | $94.9M | $1.4B |
8季度趋势，按日历期对齐
经营现金流AATAVB
| Q4 25 | $40.6M | $400.4M | ||
| Q3 25 | $40.5M | $477.0M | ||
| Q2 25 | $49.2M | $377.8M | ||
| Q1 25 | $36.9M | $415.9M | ||
| Q4 24 | $40.6M | $328.8M | ||
| Q3 24 | $52.4M | $486.2M | ||
| Q2 24 | $59.3M | $380.0M | ||
| Q1 24 | $54.8M | $412.9M |
自由现金流AATAVB
| Q4 25 | $23.0M | $322.5M | ||
| Q3 25 | $23.1M | $402.2M | ||
| Q2 25 | $28.4M | $317.1M | ||
| Q1 25 | $20.4M | $367.5M | ||
| Q4 24 | $21.5M | $271.9M | ||
| Q3 24 | $28.0M | $434.2M | ||
| Q2 24 | $43.6M | $333.0M | ||
| Q1 24 | $43.8M | $375.4M |
自由现金流率AATAVB
| Q4 25 | 238.4% | 17563.8% | ||
| Q3 25 | 228.3% | 21507.4% | ||
| Q2 25 | 276.7% | 19896.0% | ||
| Q1 25 | 206.1% | 21098.3% | ||
| Q4 24 | 210.4% | 15626.2% | ||
| Q3 24 | 244.4% | 25305.2% | ||
| Q2 24 | 409.9% | 18195.7% | ||
| Q1 24 | 408.5% | 20914.5% |
资本支出强度AATAVB
| Q4 25 | 182.1% | 4246.2% | ||
| Q3 25 | 172.4% | 3998.4% | ||
| Q2 25 | 203.1% | 3806.1% | ||
| Q1 25 | 166.0% | 2776.7% | ||
| Q4 24 | 187.6% | 3271.1% | ||
| Q3 24 | 213.5% | 3026.3% | ||
| Q2 24 | 147.4% | 2568.9% | ||
| Q1 24 | 101.9% | 2088.6% |
现金转化率AATAVB
| Q4 25 | — | 2.41× | ||
| Q3 25 | 8.98× | 1.25× | ||
| Q2 25 | 9.01× | 1.41× | ||
| Q1 25 | 0.87× | 1.76× | ||
| Q4 24 | — | 1.17× | ||
| Q3 24 | 3.15× | 1.31× | ||
| Q2 24 | 4.98× | 1.50× | ||
| Q1 24 | 2.84× | 2.38× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
