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Armada Hoffler Properties, Inc.（AHH）与STURM RUGER & CO INC（RGR）财务数据对比。点击上方公司名可切换其他公司
STURM RUGER & CO INC的季度营收约是Armada Hoffler Properties, Inc.的2.0倍（$151.1M vs $75.6M），STURM RUGER & CO INC同比增速更快（3.6% vs 0.8%），过去两年STURM RUGER & CO INC的营收复合增速更高（5.1% 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。
鲁格公司（Ruger）是总部位于美国康涅狄格州绍斯波特的枪械制造企业，除总部外，还在新罕布什尔州纽波特、北卡罗来纳州梅约丹以及亚利桑那州普雷斯科特设有生产工厂。公司由亚历山大·麦考密克·斯特姆与威廉·B·鲁格于1949年共同创立，自1969年起公开上市交易。
AHH vs RGR — 直观对比
营收规模更大
RGR
是对方的2.0倍
$75.6M
营收增速更快
RGR
高出2.8%
0.8%
两年增速更快
RGR
近两年复合增速
-22.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $75.6M | $151.1M |
| 净利润 | $2.4M | — |
| 毛利率 | — | 17.8% |
| 营业利润率 | 31.0% | 2.3% |
| 净利率 | 3.1% | — |
| 营收同比 | 0.8% | 3.6% |
| 净利润同比 | -89.8% | — |
| 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AHHRGR
| Q4 25 | $75.6M | $151.1M | ||
| Q3 25 | $72.7M | $126.8M | ||
| Q2 25 | $69.1M | $132.5M | ||
| Q1 25 | $67.8M | $135.7M | ||
| Q4 24 | $75.0M | $145.8M | ||
| Q3 24 | $114.4M | $122.3M | ||
| Q2 24 | $116.8M | $130.8M | ||
| Q1 24 | $127.0M | $136.8M |
净利润AHHRGR
| Q4 25 | $2.4M | — | ||
| Q3 25 | $80.0K | $1.6M | ||
| Q2 25 | $5.9M | $-17.2M | ||
| Q1 25 | $-2.8M | $7.8M | ||
| Q4 24 | $23.4M | — | ||
| Q3 24 | $-5.0M | $4.7M | ||
| Q2 24 | $3.2M | $8.3M | ||
| Q1 24 | $14.1M | $7.1M |
毛利率AHHRGR
| Q4 25 | — | 17.8% | ||
| Q3 25 | — | 15.1% | ||
| Q2 25 | — | 3.9% | ||
| Q1 25 | — | 22.0% | ||
| Q4 24 | — | 22.8% | ||
| Q3 24 | 45.0% | 18.5% | ||
| Q2 24 | 41.8% | 22.3% | ||
| Q1 24 | 37.9% | 21.5% |
营业利润率AHHRGR
| Q4 25 | 31.0% | 2.3% | ||
| Q3 25 | 29.2% | -2.7% | ||
| Q2 25 | 29.6% | -15.6% | ||
| Q1 25 | 23.2% | 6.2% | ||
| Q4 24 | 50.1% | 7.8% | ||
| Q3 24 | 19.0% | 3.1% | ||
| Q2 24 | 11.9% | 6.9% | ||
| Q1 24 | 15.1% | 5.5% |
净利率AHHRGR
| Q4 25 | 3.1% | — | ||
| Q3 25 | 0.1% | 1.2% | ||
| Q2 25 | 8.6% | -13.0% | ||
| Q1 25 | -4.1% | 5.7% | ||
| Q4 24 | 31.2% | — | ||
| Q3 24 | -4.4% | 3.9% | ||
| Q2 24 | 2.7% | 6.3% | ||
| Q1 24 | 11.1% | 5.2% |
每股收益（稀释后）AHHRGR
| Q4 25 | $0.00 | $0.22 | ||
| Q3 25 | $-0.04 | $0.10 | ||
| Q2 25 | $0.04 | $-1.05 | ||
| Q1 25 | $-0.07 | $0.46 | ||
| Q4 24 | $0.28 | $0.62 | ||
| Q3 24 | $-0.11 | $0.28 | ||
| Q2 24 | $0.00 | $0.47 | ||
| Q1 24 | $0.17 | $0.40 |
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 | $92.5M |
| 总债务越低越好 | $1.5B | — |
| 股东权益账面价值 | $627.8M | $283.8M |
| 总资产 | $2.6B | $342.0M |
| 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AHHRGR
| Q4 25 | $49.1M | $92.5M | ||
| Q3 25 | $46.5M | $80.8M | ||
| Q2 25 | $52.1M | $101.4M | ||
| Q1 25 | $45.7M | $108.3M | ||
| Q4 24 | $31.9M | $105.5M | ||
| Q3 24 | $43.9M | $96.0M | ||
| Q2 24 | $20.3M | $105.6M | ||
| Q1 24 | $41.9M | $115.3M |
总债务AHHRGR
| 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AHHRGR
| Q4 25 | $627.8M | $283.8M | ||
| Q3 25 | $638.8M | $279.6M | ||
| Q2 25 | $652.0M | $289.3M | ||
| Q1 25 | $657.4M | $321.5M | ||
| Q4 24 | $670.6M | $319.6M | ||
| Q3 24 | $663.9M | $314.9M | ||
| Q2 24 | $562.7M | $321.5M | ||
| Q1 24 | $571.4M | $332.0M |
总资产AHHRGR
| Q4 25 | $2.6B | $342.0M | ||
| Q3 25 | $2.6B | $342.3M | ||
| Q2 25 | $2.6B | $349.5M | ||
| Q1 25 | $2.5B | $379.0M | ||
| Q4 24 | $2.5B | $384.0M | ||
| Q3 24 | $2.6B | $373.5M | ||
| Q2 24 | $2.6B | $376.7M | ||
| Q1 24 | $2.6B | $385.0M |
负债/权益比AHHRGR
| 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 | $64.2M | $15.5M |
| 自由现金流经营现金流 - 资本支出 | — | $12.3M |
| 自由现金流率自由现金流/营收 | — | 8.2% |
| 资本支出强度资本支出/营收 | — | 2.1% |
| 现金转化率经营现金流/净利润 | 26.99× | — |
| 过去12个月自由现金流最近4个季度 | — | $38.5M |
8季度趋势，按日历期对齐
经营现金流AHHRGR
| Q4 25 | $64.2M | $15.5M | ||
| Q3 25 | $26.3M | $12.9M | ||
| Q2 25 | $11.1M | $14.7M | ||
| Q1 25 | $107.0K | $11.1M | ||
| Q4 24 | $112.0M | $20.0M | ||
| Q3 24 | $27.3M | $9.4M | ||
| Q2 24 | $17.4M | $18.7M | ||
| Q1 24 | $46.5M | $7.3M |
自由现金流AHHRGR
| Q4 25 | — | $12.3M | ||
| Q3 25 | — | $7.0M | ||
| Q2 25 | — | $9.1M | ||
| Q1 25 | — | $10.0M | ||
| Q4 24 | — | $16.4M | ||
| Q3 24 | — | $2.6M | ||
| Q2 24 | — | $10.1M | ||
| Q1 24 | — | $5.6M |
自由现金流率AHHRGR
| Q4 25 | — | 8.2% | ||
| Q3 25 | — | 5.5% | ||
| Q2 25 | — | 6.9% | ||
| Q1 25 | — | 7.4% | ||
| Q4 24 | — | 11.2% | ||
| Q3 24 | — | 2.1% | ||
| Q2 24 | — | 7.7% | ||
| Q1 24 | — | 4.1% |
资本支出强度AHHRGR
| Q4 25 | — | 2.1% | ||
| Q3 25 | — | 4.6% | ||
| Q2 25 | — | 4.2% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | — | 5.5% | ||
| Q2 24 | — | 6.6% | ||
| Q1 24 | — | 1.3% |
现金转化率AHHRGR
| Q4 25 | 26.99× | — | ||
| Q3 25 | 328.63× | 8.15× | ||
| Q2 25 | 1.87× | — | ||
| Q1 25 | — | 1.43× | ||
| Q4 24 | 4.78× | — | ||
| Q3 24 | — | 1.98× | ||
| Q2 24 | 5.48× | 2.27× | ||
| Q1 24 | 3.30× | 1.04× |
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% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
