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Armada Hoffler Properties, Inc.（AHH）与reAlpha Tech Corp.（AIRE）财务数据对比。点击上方公司名可切换其他公司
Armada Hoffler Properties, Inc.的季度营收约是reAlpha Tech Corp.的84.4倍（$75.6M vs $895.3K）。Armada Hoffler Properties, Inc.净利率更高（3.1% vs -541.6%，领先544.8%）。reAlpha Tech Corp.同比增速更快（70.1% vs 0.8%）。过去两年reAlpha Tech Corp.的营收复合增速更高（562.1% vs -22.8%）
Armada Hoffler Properties是一家公开上市的房地产投资信托，业务覆盖美国大西洋中部及东南部地区，开发、持有并运营涵盖办公、零售、多户住宅的多元化优质物业组合，同时为第三方客户提供全链条建筑开发服务。
reAlpha Tech Corp是一家房地产科技企业，依托人工智能技术识别、收购并运营美国境内高收益的短租住宅物业，同时提供技术驱动的物业管理方案，优化住客体验，为个人及机构房产投资者提升资产收益。
AHH vs AIRE — 直观对比
营收规模更大
AHH
是对方的84.4倍
$895.3K
营收增速更快
AIRE
高出69.3%
0.8%
净利率更高
AHH
高出544.8%
-541.6%
两年增速更快
AIRE
近两年复合增速
-22.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $75.6M | $895.3K |
| 净利润 | $2.4M | $-4.8M |
| 毛利率 | — | 62.7% |
| 营业利润率 | 31.0% | -507.8% |
| 净利率 | 3.1% | -541.6% |
| 营收同比 | 0.8% | 70.1% |
| 净利润同比 | -89.8% | 76.9% |
| 每股收益（稀释后） | $0.00 | $-0.02 |
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AHHAIRE
| Q4 25 | $75.6M | $895.3K | ||
| Q3 25 | $23.2M | $1.4M | ||
| Q2 25 | $32.0M | $1.3M | ||
| Q1 25 | $46.6M | $925.6K | ||
| Q4 24 | $75.0M | $526.4K | ||
| Q3 24 | $114.4M | $339.2K | ||
| Q2 24 | $116.8M | $62.4K | ||
| Q1 24 | $127.0M | $20.4K |
净利润AHHAIRE
| Q4 25 | $2.4M | $-4.8M | ||
| Q3 25 | $80.0K | $-5.8M | ||
| Q2 25 | $5.9M | $-4.1M | ||
| Q1 25 | $-2.8M | $-2.8M | ||
| Q4 24 | $23.4M | $-21.0M | ||
| Q3 24 | $-5.0M | $-2.1M | ||
| Q2 24 | $3.2M | $-1.5M | ||
| Q1 24 | $14.1M | $-1.4M |
毛利率AHHAIRE
| Q4 25 | — | 62.7% | ||
| Q3 25 | — | 51.9% | ||
| Q2 25 | — | 49.6% | ||
| Q1 25 | — | 56.0% | ||
| Q4 24 | — | 71.1% | ||
| Q3 24 | 45.0% | 66.6% | ||
| Q2 24 | 41.8% | 70.7% | ||
| Q1 24 | 37.9% | 10.7% |
营业利润率AHHAIRE
| Q4 25 | 31.0% | -507.8% | ||
| Q3 25 | 91.5% | -342.4% | ||
| Q2 25 | 63.9% | -326.5% | ||
| Q1 25 | 33.8% | -261.7% | ||
| Q4 24 | 50.1% | -524.6% | ||
| Q3 24 | 19.0% | -479.1% | ||
| Q2 24 | 11.9% | -1939.6% | ||
| Q1 24 | 15.1% | -6397.0% |
净利率AHHAIRE
| Q4 25 | 3.1% | -541.6% | ||
| Q3 25 | 0.3% | -400.1% | ||
| Q2 25 | 18.6% | -328.3% | ||
| Q1 25 | -6.0% | -307.9% | ||
| Q4 24 | 31.2% | -3994.4% | ||
| Q3 24 | -4.4% | -618.6% | ||
| Q2 24 | 2.7% | -2370.9% | ||
| Q1 24 | 11.1% | -6946.9% |
每股收益（稀释后）AHHAIRE
| Q4 25 | $0.00 | $-0.02 | ||
| Q3 25 | $-0.04 | $-0.07 | ||
| Q2 25 | $0.04 | $-0.08 | ||
| Q1 25 | $-0.07 | $-0.06 | ||
| Q4 24 | $0.28 | $-0.47 | ||
| Q3 24 | $-0.11 | $-0.05 | ||
| Q2 24 | $0.00 | $-0.03 | ||
| Q1 24 | $0.17 | $-0.03 |
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 | $49.1M | $7.8M |
| 总债务越低越好 | $1.5B | — |
| 股东权益账面价值 | $627.8M | $11.5M |
| 总资产 | $2.6B | $21.7M |
| 负债/权益比越低杠杆越低 | 2.43× | — |
8季度趋势，按日历期对齐
现金及短期投资AHHAIRE
| Q4 25 | $49.1M | $7.8M | ||
| Q3 25 | $46.5M | — | ||
| Q2 25 | $52.1M | $587.3K | ||
| Q1 25 | $45.7M | $1.2M | ||
| Q4 24 | $31.9M | $3.1M | ||
| Q3 24 | $43.9M | $7.1M | ||
| Q2 24 | $20.3M | $3.7M | ||
| Q1 24 | $41.9M | $4.8M |
总债务AHHAIRE
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.4B | $152.9K | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | $241.1K | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.4B | — |
股东权益AHHAIRE
| Q4 25 | $627.8M | $11.5M | ||
| Q3 25 | $638.8M | $10.9M | ||
| Q2 25 | $652.0M | $-1.1M | ||
| Q1 25 | $657.4M | $-972.3K | ||
| Q4 24 | $670.6M | $1.6M | ||
| Q3 24 | $663.9M | $22.5M | ||
| Q2 24 | $562.7M | $22.2M | ||
| Q1 24 | $571.4M | $23.3M |
总资产AHHAIRE
| Q4 25 | $2.6B | $21.7M | ||
| Q3 25 | $2.6B | $19.7M | ||
| Q2 25 | $2.6B | $15.5M | ||
| Q1 25 | $2.5B | $18.5M | ||
| Q4 24 | $2.5B | $12.0M | ||
| Q3 24 | $2.6B | $34.2M | ||
| Q2 24 | $2.6B | $24.6M | ||
| Q1 24 | $2.6B | $25.4M |
负债/权益比AHHAIRE
| Q4 25 | 2.43× | — | ||
| Q3 25 | 2.33× | — | ||
| Q2 25 | 2.22× | — | ||
| Q1 25 | 2.01× | — | ||
| Q4 24 | 1.93× | 0.15× | ||
| Q3 24 | 2.00× | — | ||
| Q2 24 | 2.52× | — | ||
| Q1 24 | 2.50× | — |
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 | — | $-2.4M |
| 自由现金流经营现金流 - 资本支出 | — | $-2.4M |
| 自由现金流率自由现金流/营收 | — | -270.9% |
| 资本支出强度资本支出/营收 | — | 1.1% |
| 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 | — | $-11.3M |
8季度趋势，按日历期对齐
经营现金流AHHAIRE
| Q4 25 | — | $-2.4M | ||
| Q3 25 | $26.3M | $-4.2M | ||
| Q2 25 | $11.1M | $-2.3M | ||
| Q1 25 | $107.0K | $-2.3M | ||
| Q4 24 | $20.8M | $-2.2M | ||
| Q3 24 | $27.3M | $-1.3M | ||
| Q2 24 | $17.4M | $-1.0M | ||
| Q1 24 | $46.5M | $-1.5M |
自由现金流AHHAIRE
| Q4 25 | — | $-2.4M | ||
| Q3 25 | — | $-4.3M | ||
| Q2 25 | — | $-2.3M | ||
| Q1 25 | — | $-2.3M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-1.3M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率AHHAIRE
| Q4 25 | — | -270.9% | ||
| Q3 25 | — | -294.1% | ||
| Q2 25 | — | -187.5% | ||
| Q1 25 | — | -246.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -372.2% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度AHHAIRE
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.2% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率AHHAIRE
| Q4 25 | — | — | ||
| Q3 25 | 328.63× | — | ||
| Q2 25 | 1.87× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.89× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 5.48× | — | ||
| Q1 24 | 3.30× | — |
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
AHH
| Office Real Estate Segment | $28.8M | 38% |
| Retail Real Estate Segment | $25.4M | 34% |
| Multifamily Residential Real Estate | $17.7M | 23% |
| Real Estate Financing Segment | $3.6M | 5% |
AIRE
暂无分部数据
