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Abacus Global Management, Inc.（ABX）与RMR GROUP INC.（RMR）财务数据对比。点击上方公司名可切换其他公司
Abacus Global Management, Inc.的季度营收约是RMR GROUP INC.的1.1倍（$71.9M vs $66.7M），RMR GROUP INC.净利率更高（18.3% vs 10.1%，领先8.2%），Abacus Global Management, Inc.同比增速更快（116.5% vs 40.8%）
Abacus集团是澳大利亚ASX 200指数成分公众上市公司，专注投资澳大利亚房地产投资信托，投资组合集中在写字楼与自助仓储领域，同时管理房地产开发的legacy投资项目。该公司原名为Abacus地产集团，2023年8月拆分出了自助仓储业务Abacus Storage King。
RMR集团是总部位于美国的另类资产管理企业，核心业务聚焦不动产及相关投资，覆盖商业地产、住宅物业、基础设施等赛道，服务全球核心市场的机构投资者、高净值人士及零售客户。
ABX vs RMR — 直观对比
营收规模更大
ABX
是对方的1.1倍
$66.7M
营收增速更快
ABX
高出75.7%
40.8%
净利率更高
RMR
高出8.2%
10.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $71.9M | $66.7M |
| 净利润 | $7.2M | $12.2M |
| 毛利率 | 88.8% | — |
| 营业利润率 | 31.7% | 48.1% |
| 净利率 | 10.1% | 18.3% |
| 营收同比 | 116.5% | 40.8% |
| 净利润同比 | 139.6% | 91.1% |
| 每股收益（稀释后） | $0.06 | $0.71 |
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ABXRMR
| Q4 25 | $71.9M | $66.7M | ||
| Q3 25 | $63.0M | — | ||
| Q2 25 | $56.2M | — | ||
| Q1 25 | $44.1M | — | ||
| Q4 24 | $33.2M | — | ||
| Q3 24 | $28.1M | — | ||
| Q2 24 | $29.1M | — | ||
| Q1 24 | $21.5M | — |
净利润ABXRMR
| Q4 25 | $7.2M | $12.2M | ||
| Q3 25 | $7.1M | — | ||
| Q2 25 | $17.6M | — | ||
| Q1 25 | $4.6M | — | ||
| Q4 24 | $-18.3M | — | ||
| Q3 24 | $-5.1M | — | ||
| Q2 24 | $770.0K | — | ||
| Q1 24 | $-1.3M | — |
毛利率ABXRMR
| Q4 25 | 88.8% | — | ||
| Q3 25 | 87.8% | — | ||
| Q2 25 | 89.2% | — | ||
| Q1 25 | 83.9% | — | ||
| Q4 24 | 88.8% | — | ||
| Q3 24 | 92.2% | — | ||
| Q2 24 | 90.6% | — | ||
| Q1 24 | 87.3% | — |
营业利润率ABXRMR
| Q4 25 | 31.7% | 48.1% | ||
| Q3 25 | 35.6% | — | ||
| Q2 25 | 40.1% | — | ||
| Q1 25 | 47.6% | — | ||
| Q4 24 | -50.5% | — | ||
| Q3 24 | 24.3% | — | ||
| Q2 24 | 23.3% | — | ||
| Q1 24 | 10.5% | — |
净利率ABXRMR
| Q4 25 | 10.1% | 18.3% | ||
| Q3 25 | 11.2% | — | ||
| Q2 25 | 31.3% | — | ||
| Q1 25 | 10.5% | — | ||
| Q4 24 | -55.0% | — | ||
| Q3 24 | -18.2% | — | ||
| Q2 24 | 2.6% | — | ||
| Q1 24 | -6.3% | — |
每股收益（稀释后）ABXRMR
| Q4 25 | $0.06 | $0.71 | ||
| Q3 25 | $0.07 | — | ||
| Q2 25 | $0.18 | — | ||
| Q1 25 | $0.05 | — | ||
| Q4 24 | $-0.26 | — | ||
| Q3 24 | $-0.07 | — | ||
| Q2 24 | $0.01 | — | ||
| Q1 24 | $-0.02 | — |
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 | $38.1M | $49.3M |
| 总债务越低越好 | $405.8M | — |
| 股东权益账面价值 | $418.5M | $232.7M |
| 总资产 | $902.2M | $687.1M |
| 负债/权益比越低杠杆越低 | 0.97× | — |
8季度趋势，按日历期对齐
现金及短期投资ABXRMR
| Q4 25 | $38.1M | $49.3M | ||
| Q3 25 | $86.4M | — | ||
| Q2 25 | $74.8M | — | ||
| Q1 25 | $43.8M | — | ||
| Q4 24 | $131.9M | — | ||
| Q3 24 | $19.4M | — | ||
| Q2 24 | $91.3M | — | ||
| Q1 24 | $65.4M | — |
总债务ABXRMR
| Q4 25 | $405.8M | — | ||
| Q3 25 | $409.3M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $380.8M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ABXRMR
| Q4 25 | $418.5M | $232.7M | ||
| Q3 25 | $434.6M | — | ||
| Q2 25 | $416.5M | — | ||
| Q1 25 | $430.6M | — | ||
| Q4 24 | $423.3M | — | ||
| Q3 24 | $257.9M | — | ||
| Q2 24 | $256.8M | — | ||
| Q1 24 | $165.3M | — |
总资产ABXRMR
| Q4 25 | $902.2M | $687.1M | ||
| Q3 25 | $918.9M | — | ||
| Q2 25 | $848.4M | — | ||
| Q1 25 | $856.5M | — | ||
| Q4 24 | $874.2M | — | ||
| Q3 24 | $477.3M | — | ||
| Q2 24 | $483.9M | — | ||
| Q1 24 | $376.7M | — |
负债/权益比ABXRMR
| Q4 25 | 0.97× | — | ||
| Q3 25 | 0.94× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.90× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $-25.7M | $10.7M |
| 自由现金流经营现金流 - 资本支出 | $-26.6M | — |
| 自由现金流率自由现金流/营收 | -37.0% | — |
| 资本支出强度资本支出/营收 | 1.3% | — |
| 现金转化率经营现金流/净利润 | -3.55× | 0.88× |
| 过去12个月自由现金流最近4个季度 | $-45.7M | — |
8季度趋势，按日历期对齐
经营现金流ABXRMR
| Q4 25 | $-25.7M | $10.7M | ||
| Q3 25 | $-32.8M | — | ||
| Q2 25 | $76.1M | — | ||
| Q1 25 | $-61.6M | — | ||
| Q4 24 | $-208.8M | — | ||
| Q3 24 | $-52.3M | — | ||
| Q2 24 | $-67.1M | — | ||
| Q1 24 | $2.5M | — |
自由现金流ABXRMR
| Q4 25 | $-26.6M | — | ||
| Q3 25 | $-32.9M | — | ||
| Q2 25 | $75.7M | — | ||
| Q1 25 | $-61.8M | — | ||
| Q4 24 | $-209.6M | — | ||
| Q3 24 | $-52.5M | — | ||
| Q2 24 | $-67.2M | — | ||
| Q1 24 | $2.4M | — |
自由现金流率ABXRMR
| Q4 25 | -37.0% | — | ||
| Q3 25 | -52.3% | — | ||
| Q2 25 | 134.6% | — | ||
| Q1 25 | -140.0% | — | ||
| Q4 24 | -631.1% | — | ||
| Q3 24 | -186.6% | — | ||
| Q2 24 | -231.3% | — | ||
| Q1 24 | 10.9% | — |
资本支出强度ABXRMR
| Q4 25 | 1.3% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.8% | — | ||
| Q1 25 | 0.5% | — | ||
| Q4 24 | 2.4% | — | ||
| Q3 24 | 0.9% | — | ||
| Q2 24 | 0.7% | — | ||
| Q1 24 | 0.8% | — |
现金转化率ABXRMR
| Q4 25 | -3.55× | 0.88× | ||
| Q3 25 | -4.63× | — | ||
| Q2 25 | 4.33× | — | ||
| Q1 25 | -13.28× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -87.09× | — | ||
| Q1 24 | — | — |
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
ABX
| Life Solutions Segment | $63.0M | 88% |
| Asset Management Segment | $8.7M | 12% |
RMR
| Management Service Incentive | $23.6M | 35% |
| Industrial Logistics Properties Trust | $15.1M | 23% |
| Managed Private Real Estate Capital | $11.1M | 17% |
| Office Properties Income Trust | $5.6M | 8% |
| Other Private Entities | $5.3M | 8% |
| RMR Residential | $3.4M | 5% |
| Sonesta International Hotels Corporation | $2.1M | 3% |
| Investment Advisory Management And Administrative Service | $1.2M | 2% |
