vs
Ares Commercial Real Estate Corp（ACRE）与美国运通（AXP）财务数据对比。点击上方公司名可切换其他公司
美国运通的季度营收约是Ares Commercial Real Estate Corp的1.4倍（$18.9M vs $13.2M）。美国运通净利率更高（15.7% vs -29.2%，领先45.0%）。美国运通同比增速更快（11.4% vs -24.5%）。过去两年Ares Commercial Real Estate Corp的营收复合增速更高（-15.9% vs -95.6%）
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。
美国运通是全球知名的支付服务提供商，主营签账卡、信用卡产品及旅行相关服务，下设全球消费者服务、全球商业服务、全球商户与网络服务三大业务板块，还提供支付融资、网络服务、应付账款费用管理、旅行生活服务等多元解决方案。
ACRE vs AXP — 直观对比
营收规模更大
AXP
是对方的1.4倍
$13.2M
营收增速更快
AXP
高出36.0%
-24.5%
净利率更高
AXP
高出45.0%
-29.2%
两年增速更快
ACRE
近两年复合增速
-95.6%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $13.2M | $18.9M |
| 净利润 | $-3.9M | $3.0M |
| 毛利率 | — | — |
| 营业利润率 | -29.2% | — |
| 净利率 | -29.2% | 15.7% |
| 营收同比 | -24.5% | 11.4% |
| 净利润同比 | 63.8% | 15.0% |
| 每股收益（稀释后） | — | — |
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ACREAXP
| Q1 26 | — | $18.9M | ||
| Q4 25 | $13.2M | $10.9B | ||
| Q3 25 | $14.1M | $10.4B | ||
| Q2 25 | $12.6M | $10.3B | ||
| Q1 25 | $14.9M | $9.6B | ||
| Q4 24 | $17.5M | $10.0B | ||
| Q3 24 | $16.7M | $9.7B | ||
| Q2 24 | $16.8M | $9.8B |
净利润ACREAXP
| Q1 26 | — | $3.0M | ||
| Q4 25 | $-3.9M | $2.5B | ||
| Q3 25 | $4.7M | $2.9B | ||
| Q2 25 | $-11.0M | $2.9B | ||
| Q1 25 | $9.3M | $2.6B | ||
| Q4 24 | $-10.7M | $2.2B | ||
| Q3 24 | $-5.9M | $2.5B | ||
| Q2 24 | $-6.1M | $3.0B |
营业利润率ACREAXP
| Q1 26 | — | — | ||
| Q4 25 | -29.2% | 28.2% | ||
| Q3 25 | 33.0% | 36.7% | ||
| Q2 25 | -87.8% | 34.4% | ||
| Q1 25 | 64.4% | 34.6% | ||
| Q4 24 | -61.0% | 27.7% | ||
| Q3 24 | -35.3% | 33.0% | ||
| Q2 24 | -36.5% | 38.6% |
净利率ACREAXP
| Q1 26 | — | 15.7% | ||
| Q4 25 | -29.2% | 22.5% | ||
| Q3 25 | 33.0% | 27.9% | ||
| Q2 25 | -87.8% | 28.0% | ||
| Q1 25 | 62.5% | 26.8% | ||
| Q4 24 | -60.9% | 21.8% | ||
| Q3 24 | -35.3% | 25.8% | ||
| Q2 24 | -36.5% | 30.7% |
每股收益（稀释后）ACREAXP
| Q1 26 | — | — | ||
| Q4 25 | — | $3.52 | ||
| Q3 25 | — | $4.14 | ||
| Q2 25 | — | $4.08 | ||
| Q1 25 | — | $3.64 | ||
| Q4 24 | — | $3.04 | ||
| Q3 24 | — | $3.49 | ||
| Q2 24 | — | $4.15 |
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 | — |
| 总债务越低越好 | $948.2M | $60.4M |
| 股东权益账面价值 | $509.6M | $34.0M |
| 总资产 | $1.6B | $308.9M |
| 负债/权益比越低杠杆越低 | 1.86× | 1.78× |
8季度趋势，按日历期对齐
现金及短期投资ACREAXP
| Q1 26 | — | — | ||
| Q4 25 | $29.3M | $742.0M | ||
| Q3 25 | $84.9M | $1.3B | ||
| Q2 25 | $90.0M | $197.0M | ||
| Q1 25 | $125.5M | $261.0M | ||
| Q4 24 | $63.8M | $221.0M | ||
| Q3 24 | $68.9M | $120.0M | ||
| Q2 24 | $70.6M | $188.0M |
总债务ACREAXP
| Q1 26 | — | $60.4M | ||
| Q4 25 | $948.2M | $56.4B | ||
| Q3 25 | — | $57.8B | ||
| Q2 25 | — | $58.2B | ||
| Q1 25 | — | $51.2B | ||
| Q4 24 | $718.5M | $49.7B | ||
| Q3 24 | — | $53.5B | ||
| Q2 24 | — | $51.5B |
股东权益ACREAXP
| Q1 26 | — | $34.0M | ||
| Q4 25 | $509.6M | $33.5B | ||
| Q3 25 | $521.0M | $32.4B | ||
| Q2 25 | $523.7M | $32.3B | ||
| Q1 25 | $542.1M | $31.2B | ||
| Q4 24 | $540.1M | $30.3B | ||
| Q3 24 | $563.8M | $29.7B | ||
| Q2 24 | $582.3M | $29.5B |
总资产ACREAXP
| Q1 26 | — | $308.9M | ||
| Q4 25 | $1.6B | $300.1B | ||
| Q3 25 | $1.4B | $297.6B | ||
| Q2 25 | $1.4B | $295.6B | ||
| Q1 25 | $1.5B | $282.2B | ||
| Q4 24 | $1.8B | $271.5B | ||
| Q3 24 | $1.9B | $271.0B | ||
| Q2 24 | $2.1B | $272.2B |
负债/权益比ACREAXP
| Q1 26 | — | 1.78× | ||
| Q4 25 | 1.86× | 1.68× | ||
| Q3 25 | — | 1.78× | ||
| Q2 25 | — | 1.80× | ||
| Q1 25 | — | 1.64× | ||
| Q4 24 | 1.33× | 1.64× | ||
| Q3 24 | — | 1.80× | ||
| Q2 24 | — | 1.74× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 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 | — | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流ACREAXP
| Q1 26 | — | — | ||
| Q4 25 | $4.6M | $3.1B | ||
| Q3 25 | $3.8M | $6.2B | ||
| Q2 25 | $4.9M | $4.4B | ||
| Q1 25 | $8.0M | $4.8B | ||
| Q4 24 | $7.1M | $5.8B | ||
| Q3 24 | $8.4M | $-1.8B | ||
| Q2 24 | $8.7M | $4.5B |
自由现金流ACREAXP
| Q1 26 | — | — | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $5.6B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | — | $4.3B | ||
| Q4 24 | — | $5.3B | ||
| Q3 24 | — | $-2.3B | ||
| Q2 24 | — | $4.0B |
自由现金流率ACREAXP
| Q1 26 | — | — | ||
| Q4 25 | — | 21.4% | ||
| Q3 25 | — | 53.6% | ||
| Q2 25 | — | 36.3% | ||
| Q1 25 | — | 45.0% | ||
| Q4 24 | — | 53.1% | ||
| Q3 24 | — | -23.3% | ||
| Q2 24 | — | 40.4% |
资本支出强度ACREAXP
| Q1 26 | — | — | ||
| Q4 25 | — | 6.6% | ||
| Q3 25 | — | 6.3% | ||
| Q2 25 | — | 6.0% | ||
| Q1 25 | — | 4.5% | ||
| Q4 24 | — | 5.0% | ||
| Q3 24 | — | 4.7% | ||
| Q2 24 | — | 5.8% |
现金转化率ACREAXP
| Q1 26 | — | — | ||
| Q4 25 | — | 1.25× | ||
| Q3 25 | 0.82× | 2.15× | ||
| Q2 25 | — | 1.51× | ||
| Q1 25 | 0.86× | 1.84× | ||
| Q4 24 | — | 2.66× | ||
| Q3 24 | — | -0.72× | ||
| Q2 24 | — | 1.50× |
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
ACRE
暂无分部数据
AXP
| Discount revenue | $9.5M | 50% |
| Other | $8.9M | 47% |
| Deposits with banks and other | $512.0K | 3% |
