vs
Armada Hoffler Properties, Inc.（AHH）与AMREP CORP.（AXR）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AMREP CORP.的8.0倍（$75.6M vs $9.4M）。AMREP CORP.净利率更高（12.8% vs 3.1%，领先9.6%）。Armada Hoffler Properties, Inc.同比增速更快（0.8% vs -21.1%）
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。
AMREP是一家总部位于美国新泽西州普林斯顿的企业，核心业务涵盖房地产与媒体服务领域。公司前身为美国地产石油公司，于1961年正式成立，在相关行业拥有六十余年的发展运营历史。
AHH vs AXR — 直观对比
营收规模更大
AHH
是对方的8.0倍
$9.4M
营收增速更快
AHH
高出21.9%
-21.1%
净利率更高
AXR
高出9.6%
3.1%
损益表 — Q4 2025 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $75.6M | $9.4M |
| 净利润 | $2.4M | $1.2M |
| 毛利率 | — | — |
| 营业利润率 | 31.0% | 11.9% |
| 净利率 | 3.1% | 12.8% |
| 营收同比 | 0.8% | -21.1% |
| 净利润同比 | -89.8% | -70.3% |
| 每股收益（稀释后） | $0.00 | $0.22 |
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AHHAXR
| Q4 25 | $75.6M | $9.4M | ||
| Q3 25 | $23.2M | $17.9M | ||
| Q2 25 | $32.0M | — | ||
| Q1 25 | $46.6M | — | ||
| Q4 24 | $75.0M | — | ||
| Q3 24 | $114.4M | — | ||
| Q2 24 | $116.8M | — | ||
| Q1 24 | $127.0M | — |
净利润AHHAXR
| Q4 25 | $2.4M | $1.2M | ||
| Q3 25 | $80.0K | $4.7M | ||
| Q2 25 | $5.9M | — | ||
| Q1 25 | $-2.8M | — | ||
| Q4 24 | $23.4M | — | ||
| Q3 24 | $-5.0M | — | ||
| Q2 24 | $3.2M | — | ||
| Q1 24 | $14.1M | — |
毛利率AHHAXR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 45.0% | — | ||
| Q2 24 | 41.8% | — | ||
| Q1 24 | 37.9% | — |
营业利润率AHHAXR
| Q4 25 | 31.0% | 11.9% | ||
| Q3 25 | 91.5% | 34.4% | ||
| Q2 25 | 63.9% | — | ||
| Q1 25 | 33.8% | — | ||
| Q4 24 | 50.1% | — | ||
| Q3 24 | 19.0% | — | ||
| Q2 24 | 11.9% | — | ||
| Q1 24 | 15.1% | — |
净利率AHHAXR
| Q4 25 | 3.1% | 12.8% | ||
| Q3 25 | 0.3% | 26.3% | ||
| Q2 25 | 18.6% | — | ||
| Q1 25 | -6.0% | — | ||
| Q4 24 | 31.2% | — | ||
| Q3 24 | -4.4% | — | ||
| Q2 24 | 2.7% | — | ||
| Q1 24 | 11.1% | — |
每股收益（稀释后）AHHAXR
| Q4 25 | $0.00 | $0.22 | ||
| Q3 25 | $-0.04 | $0.87 | ||
| Q2 25 | $0.04 | — | ||
| Q1 25 | $-0.07 | — | ||
| Q4 24 | $0.28 | — | ||
| Q3 24 | $-0.11 | — | ||
| Q2 24 | $0.00 | — | ||
| Q1 24 | $0.17 | — |
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 | $44.6M |
| 总债务越低越好 | $1.5B | $23.0K |
| 股东权益账面价值 | $627.8M | $136.0M |
| 总资产 | $2.6B | $140.1M |
| 负债/权益比越低杠杆越低 | 2.43× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资AHHAXR
| Q4 25 | $49.1M | $44.6M | ||
| Q3 25 | $46.5M | $48.9M | ||
| Q2 25 | $52.1M | — | ||
| Q1 25 | $45.7M | — | ||
| Q4 24 | $31.9M | — | ||
| Q3 24 | $43.9M | — | ||
| Q2 24 | $20.3M | — | ||
| Q1 24 | $41.9M | — |
总债务AHHAXR
| Q4 25 | $1.5B | $23.0K | ||
| Q3 25 | $1.5B | $25.0K | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.4B | — |
股东权益AHHAXR
| Q4 25 | $627.8M | $136.0M | ||
| Q3 25 | $638.8M | $134.7M | ||
| Q2 25 | $652.0M | — | ||
| Q1 25 | $657.4M | — | ||
| Q4 24 | $670.6M | — | ||
| Q3 24 | $663.9M | — | ||
| Q2 24 | $562.7M | — | ||
| Q1 24 | $571.4M | — |
总资产AHHAXR
| Q4 25 | $2.6B | $140.1M | ||
| Q3 25 | $2.6B | $140.7M | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.5B | — | ||
| Q4 24 | $2.5B | — | ||
| Q3 24 | $2.6B | — | ||
| Q2 24 | $2.6B | — | ||
| Q1 24 | $2.6B | — |
负债/权益比AHHAXR
| Q4 25 | 2.43× | 0.00× | ||
| Q3 25 | 2.33× | 0.00× | ||
| Q2 25 | 2.22× | — | ||
| Q1 25 | 2.01× | — | ||
| Q4 24 | 1.93× | — | ||
| 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 | — | $-4.3M |
| 自由现金流经营现金流 - 资本支出 | — | $-4.3M |
| 自由现金流率自由现金流/营收 | — | -45.9% |
| 资本支出强度资本支出/营收 | — | 0.6% |
| 现金转化率经营现金流/净利润 | — | -3.54× |
| 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AHHAXR
| Q4 25 | — | $-4.3M | ||
| Q3 25 | $26.3M | $9.5M | ||
| Q2 25 | $11.1M | — | ||
| Q1 25 | $107.0K | — | ||
| Q4 24 | $20.8M | — | ||
| Q3 24 | $27.3M | — | ||
| Q2 24 | $17.4M | — | ||
| Q1 24 | $46.5M | — |
自由现金流AHHAXR
| Q4 25 | — | $-4.3M | ||
| Q3 25 | — | $9.5M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率AHHAXR
| Q4 25 | — | -45.9% | ||
| Q3 25 | — | 53.2% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度AHHAXR
| Q4 25 | — | 0.6% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率AHHAXR
| Q4 25 | — | -3.54× | ||
| Q3 25 | 328.63× | 2.03× | ||
| 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% |
AXR
| Home Building Segment | $6.4M | 68% |
| Land Development Segment | $3.0M | 32% |
