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ARBOR REALTY TRUST INC（ABR）与CARRIAGE SERVICES INC（CSV）财务数据对比。点击上方公司名可切换其他公司
ARBOR REALTY TRUST INC的季度营收约是CARRIAGE SERVICES INC的1.3倍（$133.4M vs $105.5M），CARRIAGE SERVICES INC同比增速更快（8.0% vs -12.1%），过去两年CARRIAGE SERVICES INC的营收复合增速更高（1.0% vs -8.9%）
Arbor Realty Trust Inc.是总部位于美国的专业房地产投资信托（REIT）企业，主要为多户住宅及商业地产项目提供结构性融资服务，涵盖过渡贷款、机构贷款、夹层融资等品类，服务覆盖美国各地的地产持有者、开发商及房产投资群体。
怡和Cycle & Carriage有限公司是怡和集团在东南亚的投资控股公司，目前该集团持有其75%的股份，是怡和集团在东南亚区域开展资本布局与投资业务的核心平台。
ABR vs CSV — 直观对比
营收规模更大
ABR
是对方的1.3倍
$105.5M
营收增速更快
CSV
高出20.0%
-12.1%
两年增速更快
CSV
近两年复合增速
-8.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $133.4M | $105.5M |
| 净利润 | — | $12.3M |
| 毛利率 | — | 34.8% |
| 营业利润率 | — | 23.3% |
| 净利率 | — | 11.6% |
| 营收同比 | -12.1% | 8.0% |
| 净利润同比 | — | 24.5% |
| 每股收益（稀释后） | $0.08 | $0.76 |
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ABRCSV
| Q4 25 | $133.4M | $105.5M | ||
| Q3 25 | $112.4M | $102.7M | ||
| Q2 25 | $130.4M | $102.1M | ||
| Q1 25 | $134.2M | $107.1M | ||
| Q4 24 | $151.7M | $97.7M | ||
| Q3 24 | $156.7M | $100.7M | ||
| Q2 24 | $153.1M | $102.3M | ||
| Q1 24 | $160.7M | $103.5M |
净利润ABRCSV
| Q4 25 | — | $12.3M | ||
| Q3 25 | $52.0M | $6.6M | ||
| Q2 25 | $36.3M | $11.7M | ||
| Q1 25 | $43.4M | $20.9M | ||
| Q4 24 | — | $9.9M | ||
| Q3 24 | $73.5M | $9.9M | ||
| Q2 24 | $61.8M | $6.3M | ||
| Q1 24 | $73.2M | $7.0M |
毛利率ABRCSV
| Q4 25 | — | 34.8% | ||
| Q3 25 | — | 35.3% | ||
| Q2 25 | — | 35.2% | ||
| Q1 25 | — | 35.3% | ||
| Q4 24 | — | 34.4% | ||
| Q3 24 | — | 35.2% | ||
| Q2 24 | — | 36.2% | ||
| Q1 24 | — | 36.0% |
营业利润率ABRCSV
| Q4 25 | — | 23.3% | ||
| Q3 25 | — | 17.0% | ||
| Q2 25 | — | 23.5% | ||
| Q1 25 | — | 29.5% | ||
| Q4 24 | — | 21.6% | ||
| Q3 24 | — | 22.7% | ||
| Q2 24 | — | 18.0% | ||
| Q1 24 | 46.9% | 18.8% |
净利率ABRCSV
| Q4 25 | — | 11.6% | ||
| Q3 25 | 46.3% | 6.4% | ||
| Q2 25 | 27.8% | 11.5% | ||
| Q1 25 | 32.3% | 19.5% | ||
| Q4 24 | — | 10.1% | ||
| Q3 24 | 46.9% | 9.8% | ||
| Q2 24 | 40.4% | 6.1% | ||
| Q1 24 | 45.6% | 6.7% |
每股收益（稀释后）ABRCSV
| Q4 25 | $0.08 | $0.76 | ||
| Q3 25 | $0.20 | $0.41 | ||
| Q2 25 | $0.12 | $0.74 | ||
| Q1 25 | $0.16 | $1.34 | ||
| Q4 24 | $0.31 | $0.62 | ||
| Q3 24 | $0.31 | $0.63 | ||
| Q2 24 | $0.25 | $0.40 | ||
| Q1 24 | $0.31 | $0.45 |
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 | $482.9M | $1.7M |
| 总债务越低越好 | $11.1B | — |
| 股东权益账面价值 | $3.0B | $254.8M |
| 总资产 | $14.5B | $1.3B |
| 负债/权益比越低杠杆越低 | 3.75× | — |
8季度趋势，按日历期对齐
现金及短期投资ABRCSV
| Q4 25 | $482.9M | $1.7M | ||
| Q3 25 | $423.4M | $1.2M | ||
| Q2 25 | $255.7M | $1.4M | ||
| Q1 25 | $308.8M | $4.6M | ||
| Q4 24 | $503.8M | $1.2M | ||
| Q3 24 | $687.5M | $1.3M | ||
| Q2 24 | $737.5M | $1.5M | ||
| Q1 24 | $908.0M | $1.7M |
总债务ABRCSV
| Q4 25 | $11.1B | — | ||
| Q3 25 | $10.4B | — | ||
| Q2 25 | $10.1B | — | ||
| Q1 25 | $9.9B | — | ||
| Q4 24 | $10.0B | — | ||
| Q3 24 | $10.3B | — | ||
| Q2 24 | $10.6B | — | ||
| Q1 24 | $11.4B | — |
股东权益ABRCSV
| Q4 25 | $3.0B | $254.8M | ||
| Q3 25 | $3.0B | $242.1M | ||
| Q2 25 | $3.0B | $235.4M | ||
| Q1 25 | $3.0B | $223.1M | ||
| Q4 24 | $3.0B | $208.6M | ||
| Q3 24 | $3.0B | $198.1M | ||
| Q2 24 | $3.1B | $187.9M | ||
| Q1 24 | $3.1B | $179.6M |
总资产ABRCSV
| Q4 25 | $14.5B | $1.3B | ||
| Q3 25 | $13.9B | $1.3B | ||
| Q2 25 | $13.6B | $1.3B | ||
| Q1 25 | $13.4B | $1.3B | ||
| Q4 24 | $13.5B | $1.3B | ||
| Q3 24 | $13.9B | $1.3B | ||
| Q2 24 | $14.2B | $1.3B | ||
| Q1 24 | $15.1B | $1.3B |
负债/权益比ABRCSV
| Q4 25 | 3.75× | — | ||
| Q3 25 | 3.47× | — | ||
| Q2 25 | 3.40× | — | ||
| Q1 25 | 3.29× | — | ||
| Q4 24 | 3.29× | — | ||
| Q3 24 | 3.40× | — | ||
| Q2 24 | 3.47× | — | ||
| Q1 24 | 3.68× | — |
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 | $372.4M | $14.1M |
| 自由现金流经营现金流 - 资本支出 | — | $6.2M |
| 自由现金流率自由现金流/营收 | — | 5.9% |
| 资本支出强度资本支出/营收 | — | 7.5% |
| 现金转化率经营现金流/净利润 | — | 1.15× |
| 过去12个月自由现金流最近4个季度 | — | $40.1M |
8季度趋势，按日历期对齐
经营现金流ABRCSV
| Q4 25 | $372.4M | $14.1M | ||
| Q3 25 | $178.7M | $24.7M | ||
| Q2 25 | $60.0M | $8.1M | ||
| Q1 25 | $150.5M | $13.8M | ||
| Q4 24 | $461.5M | $9.3M | ||
| Q3 24 | $85.0M | $20.9M | ||
| Q2 24 | $69.9M | $2.2M | ||
| Q1 24 | $260.0M | $19.7M |
自由现金流ABRCSV
| Q4 25 | — | $6.2M | ||
| Q3 25 | — | $18.0M | ||
| Q2 25 | — | $5.2M | ||
| Q1 25 | — | $10.6M | ||
| Q4 24 | — | $4.9M | ||
| Q3 24 | — | $16.2M | ||
| Q2 24 | — | $-1.4M | ||
| Q1 24 | — | $16.2M |
自由现金流率ABRCSV
| Q4 25 | — | 5.9% | ||
| Q3 25 | — | 17.5% | ||
| Q2 25 | — | 5.1% | ||
| Q1 25 | — | 9.9% | ||
| Q4 24 | — | 5.0% | ||
| Q3 24 | — | 16.1% | ||
| Q2 24 | — | -1.4% | ||
| Q1 24 | — | 15.6% |
资本支出强度ABRCSV
| Q4 25 | — | 7.5% | ||
| Q3 25 | — | 6.5% | ||
| Q2 25 | — | 2.8% | ||
| Q1 25 | — | 3.0% | ||
| Q4 24 | — | 4.5% | ||
| Q3 24 | — | 4.6% | ||
| Q2 24 | — | 3.5% | ||
| Q1 24 | — | 3.4% |
现金转化率ABRCSV
| Q4 25 | — | 1.15× | ||
| Q3 25 | 3.44× | 3.76× | ||
| Q2 25 | 1.65× | 0.69× | ||
| Q1 25 | 3.47× | 0.66× | ||
| Q4 24 | — | 0.94× | ||
| Q3 24 | 1.16× | 2.11× | ||
| Q2 24 | 1.13× | 0.34× | ||
| Q1 24 | 3.55× | 2.83× |
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
ABR
暂无分部数据
CSV
| Propertyand Merchandise | $47.8M | 45% |
| Cemetery Interment Rights | $24.8M | 23% |
| Merchandise | $18.9M | 18% |
| Other Revenue | $10.2M | 10% |
| Other | $3.9M | 4% |
