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Ares Commercial Real Estate Corp（ACRE）与好事达（ALL）财务数据对比。点击上方公司名可切换其他公司
好事达的季度营收约是Ares Commercial Real Estate Corp的1312.5倍（$17.3B vs $13.2M）。好事达净利率更高（22.1% vs -29.2%，领先51.3%）。好事达同比增速更快（5.1% vs -24.5%）。过去两年好事达的营收复合增速更高（6.6% vs -15.9%）
Ares Commercial Real Estate Corp是隶属于阿瑞斯管理集团的专业金融企业，专注于商业地产领域，提供优先抵押贷款、次级债务、优先股投资等各类定制化融资解决方案，主要服务覆盖美国全境的中型商业地产所有者及运营主体。
好事达集团是面向美国、加拿大市场的综合性保险服务商，提供财产险、意外险及其他保险产品。旗下设好事达保险、保障服务、健康福利、到期财产责任险四大板块，主营私人乘用车险、房屋保险，亦覆盖摩托车、房车、越野车等特种车险及各类个人保险产品。
ACRE vs ALL — 直观对比
营收规模更大
ALL
是对方的1312.5倍
$13.2M
营收增速更快
ALL
高出29.6%
-24.5%
净利率更高
ALL
高出51.3%
-29.2%
两年增速更快
ALL
近两年复合增速
-15.9%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $13.2M | $17.3B |
| 净利润 | $-3.9M | $3.8B |
| 毛利率 | — | — |
| 营业利润率 | -29.2% | — |
| 净利率 | -29.2% | 22.1% |
| 营收同比 | -24.5% | 5.1% |
| 净利润同比 | 63.8% | 98.8% |
| 每股收益（稀释后） | — | $14.24 |
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ACREALL
| Q4 25 | $13.2M | $17.3B | ||
| Q3 25 | $14.1M | $17.3B | ||
| Q2 25 | $12.6M | $16.6B | ||
| Q1 25 | $14.9M | $16.5B | ||
| Q4 24 | $17.5M | $16.5B | ||
| Q3 24 | $16.7M | $16.6B | ||
| Q2 24 | $16.8M | $15.7B | ||
| Q1 24 | $18.7M | $15.3B |
净利润ACREALL
| Q4 25 | $-3.9M | $3.8B | ||
| Q3 25 | $4.7M | $3.7B | ||
| Q2 25 | $-11.0M | $2.1B | ||
| Q1 25 | $9.3M | $595.0M | ||
| Q4 24 | $-10.7M | $1.9B | ||
| Q3 24 | $-5.9M | $1.2B | ||
| Q2 24 | $-6.1M | $331.0M | ||
| Q1 24 | $-12.3M | $1.2B |
营业利润率ACREALL
| Q4 25 | -29.2% | — | ||
| Q3 25 | 33.0% | — | ||
| Q2 25 | -87.8% | — | ||
| Q1 25 | 64.4% | — | ||
| Q4 24 | -61.0% | — | ||
| Q3 24 | -35.3% | — | ||
| Q2 24 | -36.5% | — | ||
| Q1 24 | -65.9% | — |
净利率ACREALL
| Q4 25 | -29.2% | 22.1% | ||
| Q3 25 | 33.0% | 21.7% | ||
| Q2 25 | -87.8% | 12.7% | ||
| Q1 25 | 62.5% | 3.6% | ||
| Q4 24 | -60.9% | 11.7% | ||
| Q3 24 | -35.3% | 7.2% | ||
| Q2 24 | -36.5% | 2.1% | ||
| Q1 24 | -65.9% | 8.0% |
每股收益（稀释后）ACREALL
| Q4 25 | — | $14.24 | ||
| Q3 25 | — | $13.95 | ||
| Q2 25 | — | $7.76 | ||
| Q1 25 | — | $2.11 | ||
| Q4 24 | — | $7.07 | ||
| Q3 24 | — | $4.33 | ||
| Q2 24 | — | $1.13 | ||
| Q1 24 | — | $4.46 |
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 | $29.3M | $4.9B |
| 总债务越低越好 | $948.2M | $7.5B |
| 股东权益账面价值 | $509.6M | $30.6B |
| 总资产 | $1.6B | $119.8B |
| 负债/权益比越低杠杆越低 | 1.86× | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资ACREALL
| Q4 25 | $29.3M | $4.9B | ||
| Q3 25 | $84.9M | $8.7B | ||
| Q2 25 | $90.0M | $9.6B | ||
| Q1 25 | $125.5M | $6.5B | ||
| Q4 24 | $63.8M | $4.5B | ||
| Q3 24 | $68.9M | $7.0B | ||
| Q2 24 | $70.6M | $5.3B | ||
| Q1 24 | $99.5M | $4.3B |
总债务ACREALL
| Q4 25 | $948.2M | $7.5B | ||
| Q3 25 | — | $8.1B | ||
| Q2 25 | — | $8.1B | ||
| Q1 25 | — | $8.1B | ||
| Q4 24 | $718.5M | $8.1B | ||
| Q3 24 | — | $8.1B | ||
| Q2 24 | — | $8.1B | ||
| Q1 24 | — | $7.9B |
股东权益ACREALL
| Q4 25 | $509.6M | $30.6B | ||
| Q3 25 | $521.0M | $27.5B | ||
| Q2 25 | $523.7M | $24.0B | ||
| Q1 25 | $542.1M | $22.1B | ||
| Q4 24 | $540.1M | $21.4B | ||
| Q3 24 | $563.8M | $20.9B | ||
| Q2 24 | $582.3M | $18.6B | ||
| Q1 24 | $601.1M | $18.6B |
总资产ACREALL
| Q4 25 | $1.6B | $119.8B | ||
| Q3 25 | $1.4B | $120.4B | ||
| Q2 25 | $1.4B | $115.9B | ||
| Q1 25 | $1.5B | $115.2B | ||
| Q4 24 | $1.8B | $111.6B | ||
| Q3 24 | $1.9B | $113.7B | ||
| Q2 24 | $2.1B | $108.4B | ||
| Q1 24 | $2.1B | $105.2B |
负债/权益比ACREALL
| Q4 25 | 1.86× | 0.24× | ||
| Q3 25 | — | 0.29× | ||
| Q2 25 | — | 0.34× | ||
| Q1 25 | — | 0.37× | ||
| Q4 24 | 1.33× | 0.38× | ||
| Q3 24 | — | 0.39× | ||
| Q2 24 | — | 0.43× | ||
| Q1 24 | — | 0.43× |
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 | $4.6M | $3.0B |
| 自由现金流经营现金流 - 资本支出 | — | $2.9B |
| 自由现金流率自由现金流/营收 | — | 16.7% |
| 资本支出强度资本支出/营收 | — | 0.5% |
| 现金转化率经营现金流/净利润 | — | 0.78× |
| 过去12个月自由现金流最近4个季度 | — | $9.9B |
8季度趋势，按日历期对齐
经营现金流ACREALL
| Q4 25 | $4.6M | $3.0B | ||
| Q3 25 | $3.8M | $3.3B | ||
| Q2 25 | $4.9M | $1.9B | ||
| Q1 25 | $8.0M | $2.0B | ||
| Q4 24 | $7.1M | $1.7B | ||
| Q3 24 | $8.4M | $3.2B | ||
| Q2 24 | $8.7M | $2.4B | ||
| Q1 24 | $11.4M | $1.7B |
自由现金流ACREALL
| Q4 25 | — | $2.9B | ||
| Q3 25 | — | $3.2B | ||
| Q2 25 | — | $1.9B | ||
| Q1 25 | — | $1.9B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $2.3B | ||
| Q1 24 | — | $1.6B |
自由现金流率ACREALL
| Q4 25 | — | 16.7% | ||
| Q3 25 | — | 18.8% | ||
| Q2 25 | — | 11.3% | ||
| Q1 25 | — | 11.4% | ||
| Q4 24 | — | 10.0% | ||
| Q3 24 | — | 18.9% | ||
| Q2 24 | — | 14.7% | ||
| Q1 24 | — | 10.6% |
资本支出强度ACREALL
| Q4 25 | — | 0.5% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 0.3% |
现金转化率ACREALL
| Q4 25 | — | 0.78× | ||
| Q3 25 | 0.82× | 0.88× | ||
| Q2 25 | — | 0.89× | ||
| Q1 25 | 0.86× | 3.30× | ||
| Q4 24 | — | 0.88× | ||
| Q3 24 | — | 2.69× | ||
| Q2 24 | — | 7.13× | ||
| Q1 24 | — | 1.37× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
