vs
Armada Hoffler Properties, Inc.（AHH）与Camden Property Trust（CPT）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Camden Property Trust的14.3倍（$75.6M vs $5.3M）。Camden Property Trust净利率更高（2954.1% vs 3.1%，领先2951.0%）。Camden Property Trust同比增速更快（243.0% vs 0.8%）。过去两年Camden Property Trust的营收复合增速更高（102.8% 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。
Camden Property Trust是一家公开上市的房地产投资信托，专注于投资美国公寓类物业。截至2023年12月31日，公司持有美国176个公寓社区的权益，合计拥有5.98万套公寓房源，是美国排名第14位的公寓持有机构。
AHH vs CPT — 直观对比
营收规模更大
AHH
是对方的14.3倍
$5.3M
营收增速更快
CPT
高出242.2%
0.8%
净利率更高
CPT
高出2951.0%
3.1%
两年增速更快
CPT
近两年复合增速
-22.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $75.6M | $5.3M |
| 净利润 | $2.4M | $156.0M |
| 毛利率 | — | — |
| 营业利润率 | 31.0% | — |
| 净利率 | 3.1% | 2954.1% |
| 营收同比 | 0.8% | 243.0% |
| 净利润同比 | -89.8% | 283.5% |
| 每股收益（稀释后） | $0.00 | $1.44 |
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AHHCPT
| Q4 25 | $75.6M | $5.3M | ||
| Q3 25 | $23.2M | $2.6M | ||
| Q2 25 | $32.0M | $2.6M | ||
| Q1 25 | $46.6M | $2.5M | ||
| Q4 24 | $75.0M | $1.5M | ||
| Q3 24 | $114.4M | $1.7M | ||
| Q2 24 | $116.8M | $2.6M | ||
| Q1 24 | $127.0M | $1.3M |
净利润AHHCPT
| Q4 25 | $2.4M | $156.0M | ||
| Q3 25 | $80.0K | $108.9M | ||
| Q2 25 | $5.9M | $80.7M | ||
| Q1 25 | $-2.8M | $38.8M | ||
| Q4 24 | $23.4M | $40.7M | ||
| Q3 24 | $-5.0M | $-4.2M | ||
| Q2 24 | $3.2M | $42.9M | ||
| Q1 24 | $14.1M | $83.9M |
毛利率AHHCPT
| 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AHHCPT
| Q4 25 | 31.0% | — | ||
| Q3 25 | 91.5% | — | ||
| 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AHHCPT
| Q4 25 | 3.1% | 2954.1% | ||
| Q3 25 | 0.3% | 4246.9% | ||
| Q2 25 | 18.6% | 3063.8% | ||
| Q1 25 | -6.0% | 1561.0% | ||
| Q4 24 | 31.2% | 2642.3% | ||
| Q3 24 | -4.4% | -246.3% | ||
| Q2 24 | 2.7% | 1646.9% | ||
| Q1 24 | 11.1% | 6533.4% |
每股收益（稀释后）AHHCPT
| Q4 25 | $0.00 | $1.44 | ||
| Q3 25 | $-0.04 | $1.00 | ||
| Q2 25 | $0.04 | $0.74 | ||
| Q1 25 | $-0.07 | $0.36 | ||
| Q4 24 | $0.28 | $0.37 | ||
| Q3 24 | $-0.11 | $-0.04 | ||
| Q2 24 | $0.00 | $0.40 | ||
| Q1 24 | $0.17 | $0.77 |
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 | $25.2M |
| 总债务越低越好 | $1.5B | $3.9B |
| 股东权益账面价值 | $627.8M | $4.4B |
| 总资产 | $2.6B | $9.0B |
| 负债/权益比越低杠杆越低 | 2.43× | 0.89× |
8季度趋势，按日历期对齐
现金及短期投资AHHCPT
| Q4 25 | $49.1M | $25.2M | ||
| Q3 25 | $46.5M | $25.9M | ||
| Q2 25 | $52.1M | $33.1M | ||
| Q1 25 | $45.7M | $26.2M | ||
| Q4 24 | $31.9M | $21.0M | ||
| Q3 24 | $43.9M | $31.2M | ||
| Q2 24 | $20.3M | $93.9M | ||
| Q1 24 | $41.9M | $92.7M |
总债务AHHCPT
| Q4 25 | $1.5B | $3.9B | ||
| Q3 25 | $1.5B | $3.7B | ||
| Q2 25 | $1.4B | $3.8B | ||
| Q1 25 | $1.3B | $3.7B | ||
| Q4 24 | $1.3B | $3.5B | ||
| Q3 24 | $1.3B | $3.5B | ||
| Q2 24 | $1.4B | $3.6B | ||
| Q1 24 | $1.4B | $3.6B |
股东权益AHHCPT
| Q4 25 | $627.8M | $4.4B | ||
| Q3 25 | $638.8M | $4.5B | ||
| Q2 25 | $652.0M | $4.6B | ||
| Q1 25 | $657.4M | $4.6B | ||
| Q4 24 | $670.6M | $4.7B | ||
| Q3 24 | $663.9M | $4.7B | ||
| Q2 24 | $562.7M | $4.9B | ||
| Q1 24 | $571.4M | $4.9B |
总资产AHHCPT
| Q4 25 | $2.6B | $9.0B | ||
| Q3 25 | $2.6B | $9.1B | ||
| Q2 25 | $2.6B | $9.1B | ||
| Q1 25 | $2.5B | $9.0B | ||
| Q4 24 | $2.5B | $8.9B | ||
| Q3 24 | $2.6B | $8.9B | ||
| Q2 24 | $2.6B | $9.1B | ||
| Q1 24 | $2.6B | $9.1B |
负债/权益比AHHCPT
| Q4 25 | 2.43× | 0.89× | ||
| Q3 25 | 2.33× | 0.82× | ||
| Q2 25 | 2.22× | 0.83× | ||
| Q1 25 | 2.01× | 0.81× | ||
| Q4 24 | 1.93× | 0.75× | ||
| Q3 24 | 2.00× | 0.73× | ||
| Q2 24 | 2.52× | 0.73× | ||
| Q1 24 | 2.50× | 0.72× |
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 | — | $196.8M |
| 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 | — | 1.26× |
| 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AHHCPT
| Q4 25 | — | $196.8M | ||
| Q3 25 | $26.3M | $250.9M | ||
| Q2 25 | $11.1M | $230.7M | ||
| Q1 25 | $107.0K | $148.2M | ||
| Q4 24 | $20.8M | $152.4M | ||
| Q3 24 | $27.3M | $261.6M | ||
| Q2 24 | $17.4M | $225.1M | ||
| Q1 24 | $46.5M | $135.9M |
现金转化率AHHCPT
| Q4 25 | — | 1.26× | ||
| Q3 25 | 328.63× | 2.30× | ||
| Q2 25 | 1.87× | 2.86× | ||
| Q1 25 | — | 3.82× | ||
| Q4 24 | 0.89× | 3.74× | ||
| Q3 24 | — | — | ||
| Q2 24 | 5.48× | 5.24× | ||
| Q1 24 | 3.30× | 1.62× |
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% |
CPT
暂无分部数据
