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Armada Hoffler Properties, Inc.（AHH）与Compass, Inc.（COMP）财务数据对比。点击上方公司名可切换其他公司
Compass, Inc.的季度营收约是Armada Hoffler Properties, Inc.的22.5倍（$1.7B vs $75.6M）。Armada Hoffler Properties, Inc.净利率更高（3.1% vs -2.5%，领先5.7%）。Compass, Inc.同比增速更快（23.1% vs 0.8%）。过去两年Compass, Inc.的营收复合增速更高（27.0% 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。
Compass, Inc.是美国主营住宅房产经纪业务的企业，其平台旗下有约3.3万名经纪人，大多为独立合同工，运营Compass、21世纪不动产、科威国际不动产、苏富比国际地产、佳士得国际地产等多个知名房产经纪品牌。
AHH vs COMP — 直观对比
营收规模更大
COMP
是对方的22.5倍
$75.6M
营收增速更快
COMP
高出22.3%
0.8%
净利率更高
AHH
高出5.7%
-2.5%
两年增速更快
COMP
近两年复合增速
-22.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $75.6M | $1.7B |
| 净利润 | $2.4M | $-42.6M |
| 毛利率 | — | — |
| 营业利润率 | 31.0% | -2.5% |
| 净利率 | 3.1% | -2.5% |
| 营收同比 | 0.8% | 23.1% |
| 净利润同比 | -89.8% | -5.2% |
| 每股收益（稀释后） | $0.00 | $-0.07 |
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AHHCOMP
| Q4 25 | $75.6M | $1.7B | ||
| Q3 25 | $23.2M | $1.8B | ||
| Q2 25 | $32.0M | $2.1B | ||
| Q1 25 | $46.6M | $1.4B | ||
| Q4 24 | $75.0M | $1.4B | ||
| Q3 24 | $114.4M | $1.5B | ||
| Q2 24 | $116.8M | $1.7B | ||
| Q1 24 | $127.0M | $1.1B |
净利润AHHCOMP
| Q4 25 | $2.4M | $-42.6M | ||
| Q3 25 | $80.0K | $-4.6M | ||
| Q2 25 | $5.9M | $39.4M | ||
| Q1 25 | $-2.8M | $-50.7M | ||
| Q4 24 | $23.4M | $-40.5M | ||
| Q3 24 | $-5.0M | $-1.7M | ||
| Q2 24 | $3.2M | $20.7M | ||
| Q1 24 | $14.1M | $-132.9M |
毛利率AHHCOMP
| 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AHHCOMP
| Q4 25 | 31.0% | -2.5% | ||
| Q3 25 | 91.5% | -0.4% | ||
| Q2 25 | 63.9% | 1.9% | ||
| Q1 25 | 33.8% | -4.0% | ||
| Q4 24 | 50.1% | -2.9% | ||
| Q3 24 | 19.0% | -0.2% | ||
| Q2 24 | 11.9% | 1.3% | ||
| Q1 24 | 15.1% | -12.5% |
净利率AHHCOMP
| Q4 25 | 3.1% | -2.5% | ||
| Q3 25 | 0.3% | -0.2% | ||
| Q2 25 | 18.6% | 1.9% | ||
| Q1 25 | -6.0% | -3.7% | ||
| Q4 24 | 31.2% | -2.9% | ||
| Q3 24 | -4.4% | -0.1% | ||
| Q2 24 | 2.7% | 1.2% | ||
| Q1 24 | 11.1% | -12.6% |
每股收益（稀释后）AHHCOMP
| Q4 25 | $0.00 | $-0.07 | ||
| Q3 25 | $-0.04 | $-0.01 | ||
| Q2 25 | $0.04 | $0.07 | ||
| Q1 25 | $-0.07 | $-0.09 | ||
| Q4 24 | $0.28 | $-0.08 | ||
| Q3 24 | $-0.11 | $0.00 | ||
| Q2 24 | $0.00 | $0.04 | ||
| Q1 24 | $0.17 | $-0.27 |
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 | $199.0M |
| 总债务越低越好 | $1.5B | — |
| 股东权益账面价值 | $627.8M | $782.0M |
| 总资产 | $2.6B | $1.5B |
| 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AHHCOMP
| Q4 25 | $49.1M | $199.0M | ||
| Q3 25 | $46.5M | $170.3M | ||
| Q2 25 | $52.1M | $177.3M | ||
| Q1 25 | $45.7M | $127.0M | ||
| Q4 24 | $31.9M | $223.8M | ||
| Q3 24 | $43.9M | $211.2M | ||
| Q2 24 | $20.3M | $185.8M | ||
| Q1 24 | $41.9M | $165.9M |
总债务AHHCOMP
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.5B | — | ||
| 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AHHCOMP
| Q4 25 | $627.8M | $782.0M | ||
| Q3 25 | $638.8M | $773.3M | ||
| Q2 25 | $652.0M | $719.9M | ||
| Q1 25 | $657.4M | $635.0M | ||
| Q4 24 | $670.6M | $409.4M | ||
| Q3 24 | $663.9M | $428.0M | ||
| Q2 24 | $562.7M | $398.4M | ||
| Q1 24 | $571.4M | $330.3M |
总资产AHHCOMP
| Q4 25 | $2.6B | $1.5B | ||
| Q3 25 | $2.6B | $1.6B | ||
| Q2 25 | $2.6B | $1.6B | ||
| Q1 25 | $2.5B | $1.5B | ||
| Q4 24 | $2.5B | $1.2B | ||
| Q3 24 | $2.6B | $1.2B | ||
| Q2 24 | $2.6B | $1.2B | ||
| Q1 24 | $2.6B | $1.1B |
负债/权益比AHHCOMP
| Q4 25 | 2.43× | — | ||
| Q3 25 | 2.33× | — | ||
| 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 | — | $45.3M |
| 自由现金流经营现金流 - 资本支出 | — | $42.2M |
| 自由现金流率自由现金流/营收 | — | 2.5% |
| 资本支出强度资本支出/营收 | — | 0.2% |
| 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 | — | $203.3M |
8季度趋势，按日历期对齐
经营现金流AHHCOMP
| Q4 25 | — | $45.3M | ||
| Q3 25 | $26.3M | $75.5M | ||
| Q2 25 | $11.1M | $72.8M | ||
| Q1 25 | $107.0K | $23.1M | ||
| Q4 24 | $20.8M | $30.5M | ||
| Q3 24 | $27.3M | $37.4M | ||
| Q2 24 | $17.4M | $45.0M | ||
| Q1 24 | $46.5M | $8.6M |
自由现金流AHHCOMP
| Q4 25 | — | $42.2M | ||
| Q3 25 | — | $73.6M | ||
| Q2 25 | — | $68.0M | ||
| Q1 25 | — | $19.5M | ||
| Q4 24 | — | $26.7M | ||
| Q3 24 | — | $32.8M | ||
| Q2 24 | — | $40.4M | ||
| Q1 24 | — | $5.9M |
自由现金流率AHHCOMP
| Q4 25 | — | 2.5% | ||
| Q3 25 | — | 4.0% | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | — | 1.4% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | — | 2.2% | ||
| Q2 24 | — | 2.4% | ||
| Q1 24 | — | 0.6% |
资本支出强度AHHCOMP
| Q4 25 | — | 0.2% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 0.3% |
现金转化率AHHCOMP
| Q4 25 | — | — | ||
| Q3 25 | 328.63× | — | ||
| Q2 25 | 1.87× | 1.85× | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.89× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 5.48× | 2.17× | ||
| 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% |
COMP
暂无分部数据
