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Armada Hoffler Properties, Inc.（AHH）与BOSTON OMAHA Corp（BOC）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BOSTON OMAHA Corp的2.5倍（$75.6M vs $29.7M）。Armada Hoffler Properties, Inc.净利率更高（3.1% vs -23.1%，领先26.2%）。BOSTON OMAHA Corp同比增速更快（6.4% vs 0.8%）。过去两年BOSTON OMAHA Corp的营收复合增速更高（7.8% 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。
波士顿奥马哈公司是一家上市多元化控股企业，核心业务板块涵盖户外广告、担保保险、住宅地产开发、固定无线宽带服务，主要服务美国市场，通过战略收购与业务有机增长为股东创造长期价值。
AHH vs BOC — 直观对比
营收规模更大
AHH
是对方的2.5倍
$29.7M
营收增速更快
BOC
高出5.6%
0.8%
净利率更高
AHH
高出26.2%
-23.1%
两年增速更快
BOC
近两年复合增速
-22.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $75.6M | $29.7M |
| 净利润 | $2.4M | $-6.9M |
| 毛利率 | — | 64.0% |
| 营业利润率 | 31.0% | -4.2% |
| 净利率 | 3.1% | -23.1% |
| 营收同比 | 0.8% | 6.4% |
| 净利润同比 | -89.8% | -228.1% |
| 每股收益（稀释后） | $0.00 | $-0.23 |
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AHHBOC
| Q4 25 | $75.6M | $29.7M | ||
| Q3 25 | $23.2M | $28.7M | ||
| Q2 25 | $32.0M | $28.2M | ||
| Q1 25 | $46.6M | $27.7M | ||
| Q4 24 | $75.0M | $27.9M | ||
| Q3 24 | $114.4M | $27.7M | ||
| Q2 24 | $116.8M | $27.1M | ||
| Q1 24 | $127.0M | $25.6M |
净利润AHHBOC
| Q4 25 | $2.4M | $-6.9M | ||
| Q3 25 | $80.0K | $-2.6M | ||
| Q2 25 | $5.9M | $-2.3M | ||
| Q1 25 | $-2.8M | $-669.3K | ||
| Q4 24 | $23.4M | $5.3M | ||
| Q3 24 | $-5.0M | $-1.6M | ||
| Q2 24 | $3.2M | $-2.2M | ||
| Q1 24 | $14.1M | $-2.8M |
毛利率AHHBOC
| Q4 25 | — | 64.0% | ||
| Q3 25 | — | 66.2% | ||
| Q2 25 | — | 66.1% | ||
| Q1 25 | — | 67.3% | ||
| Q4 24 | — | 69.5% | ||
| Q3 24 | 45.0% | 67.5% | ||
| Q2 24 | 41.8% | 68.2% | ||
| Q1 24 | 37.9% | 67.9% |
营业利润率AHHBOC
| Q4 25 | 31.0% | -4.2% | ||
| Q3 25 | 91.5% | -3.7% | ||
| Q2 25 | 63.9% | -2.9% | ||
| Q1 25 | 33.8% | -2.9% | ||
| Q4 24 | 50.1% | -4.6% | ||
| Q3 24 | 19.0% | -2.7% | ||
| Q2 24 | 11.9% | -16.2% | ||
| Q1 24 | 15.1% | -8.1% |
净利率AHHBOC
| Q4 25 | 3.1% | -23.1% | ||
| Q3 25 | 0.3% | -9.0% | ||
| Q2 25 | 18.6% | -8.2% | ||
| Q1 25 | -6.0% | -2.4% | ||
| Q4 24 | 31.2% | 19.1% | ||
| Q3 24 | -4.4% | -5.8% | ||
| Q2 24 | 2.7% | -8.3% | ||
| Q1 24 | 11.1% | -11.0% |
每股收益（稀释后）AHHBOC
| Q4 25 | $0.00 | $-0.23 | ||
| Q3 25 | $-0.04 | $-0.08 | ||
| Q2 25 | $0.04 | $-0.07 | ||
| Q1 25 | $-0.07 | $-0.02 | ||
| Q4 24 | $0.28 | $0.17 | ||
| Q3 24 | $-0.11 | $-0.05 | ||
| Q2 24 | $0.00 | $-0.07 | ||
| Q1 24 | $0.17 | $-0.09 |
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 | $56.8M |
| 总债务越低越好 | $1.5B | $25.7M |
| 股东权益账面价值 | $627.8M | $516.1M |
| 总资产 | $2.6B | $713.1M |
| 负债/权益比越低杠杆越低 | 2.43× | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资AHHBOC
| Q4 25 | $49.1M | $56.8M | ||
| Q3 25 | $46.5M | $67.6M | ||
| Q2 25 | $52.1M | $68.6M | ||
| Q1 25 | $45.7M | $69.2M | ||
| Q4 24 | $31.9M | $73.2M | ||
| Q3 24 | $43.9M | $58.6M | ||
| Q2 24 | $20.3M | $53.1M | ||
| Q1 24 | $41.9M | $53.4M |
总债务AHHBOC
| Q4 25 | $1.5B | $25.7M | ||
| Q3 25 | $1.5B | $25.9M | ||
| Q2 25 | $1.4B | $26.1M | ||
| Q1 25 | $1.3B | $26.3M | ||
| Q4 24 | $1.3B | $26.5M | ||
| Q3 24 | $1.3B | $26.7M | ||
| Q2 24 | $1.4B | $26.9M | ||
| Q1 24 | $1.4B | $27.1M |
股东权益AHHBOC
| Q4 25 | $627.8M | $516.1M | ||
| Q3 25 | $638.8M | $528.4M | ||
| Q2 25 | $652.0M | $531.0M | ||
| Q1 25 | $657.4M | $533.3M | ||
| Q4 24 | $670.6M | $532.8M | ||
| Q3 24 | $663.9M | $527.7M | ||
| Q2 24 | $562.7M | $530.5M | ||
| Q1 24 | $571.4M | $536.2M |
总资产AHHBOC
| Q4 25 | $2.6B | $713.1M | ||
| Q3 25 | $2.6B | $721.4M | ||
| Q2 25 | $2.6B | $730.6M | ||
| Q1 25 | $2.5B | $730.8M | ||
| Q4 24 | $2.5B | $728.3M | ||
| Q3 24 | $2.6B | $711.9M | ||
| Q2 24 | $2.6B | $723.1M | ||
| Q1 24 | $2.6B | $757.3M |
负债/权益比AHHBOC
| Q4 25 | 2.43× | 0.05× | ||
| Q3 25 | 2.33× | 0.05× | ||
| Q2 25 | 2.22× | 0.05× | ||
| Q1 25 | 2.01× | 0.05× | ||
| Q4 24 | 1.93× | 0.05× | ||
| Q3 24 | 2.00× | 0.05× | ||
| Q2 24 | 2.52× | 0.05× | ||
| Q1 24 | 2.50× | 0.05× |
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 | — | $5.8M |
| 自由现金流经营现金流 - 资本支出 | — | $-2.5M |
| 自由现金流率自由现金流/营收 | — | -8.4% |
| 资本支出强度资本支出/营收 | — | 28.0% |
| 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 | — | $-10.0M |
8季度趋势，按日历期对齐
经营现金流AHHBOC
| Q4 25 | — | $5.8M | ||
| Q3 25 | $26.3M | $4.9M | ||
| Q2 25 | $11.1M | $4.6M | ||
| Q1 25 | $107.0K | $2.6M | ||
| Q4 24 | $20.8M | $9.1M | ||
| Q3 24 | $27.3M | $5.2M | ||
| Q2 24 | $17.4M | $4.5M | ||
| Q1 24 | $46.5M | $2.4M |
自由现金流AHHBOC
| Q4 25 | — | $-2.5M | ||
| Q3 25 | — | $-489.4K | ||
| Q2 25 | — | $-2.7M | ||
| Q1 25 | — | $-4.3M | ||
| Q4 24 | — | $619.5K | ||
| Q3 24 | — | $-1.2M | ||
| Q2 24 | — | $-4.3M | ||
| Q1 24 | — | $-6.0M |
自由现金流率AHHBOC
| Q4 25 | — | -8.4% | ||
| Q3 25 | — | -1.7% | ||
| Q2 25 | — | -9.7% | ||
| Q1 25 | — | -15.5% | ||
| Q4 24 | — | 2.2% | ||
| Q3 24 | — | -4.4% | ||
| Q2 24 | — | -15.9% | ||
| Q1 24 | — | -23.6% |
资本支出强度AHHBOC
| Q4 25 | — | 28.0% | ||
| Q3 25 | — | 18.9% | ||
| Q2 25 | — | 25.9% | ||
| Q1 25 | — | 24.7% | ||
| Q4 24 | — | 30.4% | ||
| Q3 24 | — | 23.2% | ||
| Q2 24 | — | 32.6% | ||
| Q1 24 | — | 33.1% |
现金转化率AHHBOC
| Q4 25 | — | — | ||
| Q3 25 | 328.63× | — | ||
| Q2 25 | 1.87× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.89× | 1.71× | ||
| 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% |
BOC
| Billboard Rentals | $11.9M | 40% |
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $10.0M | 34% |
| GIG | $7.3M | 25% |
| Other | $608.4K | 2% |
