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ACACIA RESEARCH CORP（ACTG）与牛津地产（IIPR）财务数据对比。点击上方公司名可切换其他公司
牛津地产的季度营收约是ACACIA RESEARCH CORP的1.3倍（$66.7M vs $50.1M），牛津地产净利率更高（47.8% vs 6.8%，领先40.9%），ACACIA RESEARCH CORP同比增速更快（2.6% vs -13.1%），过去两年ACACIA RESEARCH CORP的营收复合增速更高（43.6% vs -6.0%）
槐亚研究公司是一家总部位于纽约市的美国上市企业，在科技、能源以及工业制造领域开展业务收购与运营工作。该公司与控股股东斯塔博德价值投资合伙企业保持战略伙伴关系，这家企业在业内常被归类为专利流氓。
牛津地产是一家加拿大跨国企业，业务涵盖房地产投资、开发与物业管理。其投资组合包含写字楼、零售、工业、多户住宅、生命科学及酒店类资产。该公司1960年以私营企业形式创立，自2003年起成为安大略省市政雇员退休系统（OMERS）的全资子公司，总部设于多伦多，在纽约、伦敦、澳大利亚、新加坡及卢森堡均设有区域总部。
ACTG vs IIPR — 直观对比
营收规模更大
IIPR
是对方的1.3倍
$50.1M
营收增速更快
ACTG
高出15.8%
-13.1%
净利率更高
IIPR
高出40.9%
6.8%
两年增速更快
ACTG
近两年复合增速
-6.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $50.1M | $66.7M |
| 净利润 | $3.4M | $31.8M |
| 毛利率 | 12.8% | — |
| 营业利润率 | -26.1% | 47.8% |
| 净利率 | 6.8% | 47.8% |
| 营收同比 | 2.6% | -13.1% |
| 净利润同比 | 125.5% | -20.4% |
| 每股收益（稀释后） | $0.03 | $1.07 |
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ACTGIIPR
| Q4 25 | $50.1M | $66.7M | ||
| Q3 25 | $59.4M | $64.7M | ||
| Q2 25 | $51.2M | $62.9M | ||
| Q1 25 | $124.4M | $71.7M | ||
| Q4 24 | $48.8M | $76.7M | ||
| Q3 24 | $23.3M | $76.5M | ||
| Q2 24 | $25.8M | $79.8M | ||
| Q1 24 | $24.3M | $75.5M |
净利润ACTGIIPR
| Q4 25 | $3.4M | $31.8M | ||
| Q3 25 | $-2.7M | $29.3M | ||
| Q2 25 | $-3.3M | $26.0M | ||
| Q1 25 | $24.3M | $31.1M | ||
| Q4 24 | $-13.4M | $40.0M | ||
| Q3 24 | $-14.0M | $40.2M | ||
| Q2 24 | $-8.4M | $42.0M | ||
| Q1 24 | $-186.0K | $39.4M |
毛利率ACTGIIPR
| Q4 25 | 12.8% | — | ||
| Q3 25 | 21.2% | — | ||
| Q2 25 | 12.8% | — | ||
| Q1 25 | 47.4% | — | ||
| Q4 24 | 17.6% | — | ||
| Q3 24 | 10.1% | — | ||
| Q2 24 | 26.2% | — | ||
| Q1 24 | 49.2% | — |
营业利润率ACTGIIPR
| Q4 25 | -26.1% | 47.8% | ||
| Q3 25 | -10.8% | 45.5% | ||
| Q2 25 | -24.2% | 45.9% | ||
| Q1 25 | 30.8% | 47.4% | ||
| Q4 24 | -32.4% | 54.7% | ||
| Q3 24 | -44.1% | 54.8% | ||
| Q2 24 | -18.4% | 53.1% | ||
| Q1 24 | -8.6% | 55.7% |
净利率ACTGIIPR
| Q4 25 | 6.8% | 47.8% | ||
| Q3 25 | -4.6% | 45.3% | ||
| Q2 25 | -6.4% | 41.4% | ||
| Q1 25 | 19.5% | 43.3% | ||
| Q4 24 | -27.5% | 52.2% | ||
| Q3 24 | -60.0% | 52.6% | ||
| Q2 24 | -32.7% | 52.6% | ||
| Q1 24 | -0.8% | 52.3% |
每股收益（稀释后）ACTGIIPR
| Q4 25 | $0.03 | $1.07 | ||
| Q3 25 | $-0.03 | $0.97 | ||
| Q2 25 | $-0.03 | $0.86 | ||
| Q1 25 | $0.25 | $1.03 | ||
| Q4 24 | $-0.14 | $1.35 | ||
| Q3 24 | $-0.14 | $1.37 | ||
| Q2 24 | $-0.08 | $1.44 | ||
| Q1 24 | $0.00 | $1.36 |
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 | $306.7M | $47.6M |
| 总债务越低越好 | $91.9M | $393.7M |
| 股东权益账面价值 | $543.5M | $1.8B |
| 总资产 | $771.0M | $2.4B |
| 负债/权益比越低杠杆越低 | 0.17× | 0.21× |
8季度趋势，按日历期对齐
现金及短期投资ACTGIIPR
| Q4 25 | $306.7M | $47.6M | ||
| Q3 25 | $301.8M | $41.9M | ||
| Q2 25 | $316.7M | $104.9M | ||
| Q1 25 | $272.0M | $133.3M | ||
| Q4 24 | $273.9M | $151.2M | ||
| Q3 24 | $410.9M | $172.4M | ||
| Q2 24 | $441.9M | $160.9M | ||
| Q1 24 | $498.4M | $173.5M |
总债务ACTGIIPR
| Q4 25 | $91.9M | $393.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ACTGIIPR
| Q4 25 | $543.5M | $1.8B | ||
| Q3 25 | $537.6M | $1.9B | ||
| Q2 25 | $538.6M | $1.9B | ||
| Q1 25 | $540.2M | $1.9B | ||
| Q4 24 | $514.8M | $1.9B | ||
| Q3 24 | $540.2M | $1.9B | ||
| Q2 24 | $560.7M | $1.9B | ||
| Q1 24 | $568.3M | $2.0B |
总资产ACTGIIPR
| Q4 25 | $771.0M | $2.4B | ||
| Q3 25 | $768.9M | $2.3B | ||
| Q2 25 | $775.5M | $2.3B | ||
| Q1 25 | $801.6M | $2.4B | ||
| Q4 24 | $756.4M | $2.4B | ||
| Q3 24 | $707.6M | $2.4B | ||
| Q2 24 | $753.6M | $2.4B | ||
| Q1 24 | $631.7M | $2.4B |
负债/权益比ACTGIIPR
| Q4 25 | 0.17× | 0.21× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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 | $75.2M | $198.2M |
| 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 | 22.01× | 6.22× |
| 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ACTGIIPR
| Q4 25 | $75.2M | $198.2M | ||
| Q3 25 | $9.5M | $45.6M | ||
| Q2 25 | $50.1M | $48.4M | ||
| Q1 25 | $2.4M | $54.2M | ||
| Q4 24 | $50.1M | $258.4M | ||
| Q3 24 | $-593.0K | $64.9M | ||
| Q2 24 | $16.1M | $64.2M | ||
| Q1 24 | $54.8M | $71.6M |
自由现金流ACTGIIPR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $335.0K | — | ||
| Q4 24 | $-98.5M | — | ||
| Q3 24 | $-2.8M | — | ||
| Q2 24 | $-126.7M | — | ||
| Q1 24 | $54.6M | — |
自由现金流率ACTGIIPR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.3% | — | ||
| Q4 24 | -201.8% | — | ||
| Q3 24 | -12.1% | — | ||
| Q2 24 | -490.5% | — | ||
| Q1 24 | 224.4% | — |
资本支出强度ACTGIIPR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 1.7% | — | ||
| Q4 24 | 304.4% | — | ||
| Q3 24 | 9.6% | — | ||
| Q2 24 | 553.0% | — | ||
| Q1 24 | 1.1% | — |
现金转化率ACTGIIPR
| Q4 25 | 22.01× | 6.22× | ||
| Q3 25 | — | 1.56× | ||
| Q2 25 | — | 1.86× | ||
| Q1 25 | 0.10× | 1.75× | ||
| Q4 24 | — | 6.46× | ||
| Q3 24 | — | 1.61× | ||
| Q2 24 | — | 1.53× | ||
| Q1 24 | — | 1.82× |
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
ACTG
| Energy Operations | $16.0M | 32% |
| Transportation Safety | $10.4M | 21% |
| Office Storage And Display Solutions | $8.4M | 17% |
| Printers Consumables And Parts | $6.5M | 13% |
| Natural Gas Reserves | $5.1M | 10% |
| Natural Gas Liquids Reserves | $3.3M | 7% |
IIPR
暂无分部数据
