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Armada Hoffler Properties, Inc.（AHH）与RCI HOSPITALITY HOLDINGS, INC.（RICK）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RCI HOSPITALITY HOLDINGS, INC.的1.1倍（$75.6M vs $70.9M），Armada Hoffler Properties, Inc.净利率更高（3.1% vs -7.8%，领先10.9%），Armada Hoffler Properties, Inc.同比增速更快（0.8% vs -3.1%），过去两年RCI HOSPITALITY HOLDINGS, INC.的营收复合增速更高（-2.0% 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。
RCI Hospitality控股通过子公司经营脱衣舞俱乐部、夜总会、运动酒吧与餐厅，同时还运营一家为成人俱乐部行业提供服务的传媒会展企业。公司于1995年完成首次公开募股上市，目前在纳斯达克全球市场挂牌交易。
AHH vs RICK — 直观对比
营收规模更大
AHH
是对方的1.1倍
$70.9M
营收增速更快
AHH
高出3.9%
-3.1%
净利率更高
AHH
高出10.9%
-7.8%
两年增速更快
RICK
近两年复合增速
-22.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $75.6M | $70.9M |
| 净利润 | $2.4M | $-5.5M |
| 毛利率 | — | — |
| 营业利润率 | 31.0% | -0.7% |
| 净利率 | 3.1% | -7.8% |
| 营收同比 | 0.8% | -3.1% |
| 净利润同比 | -89.8% | -2354.9% |
| 每股收益（稀释后） | $0.00 | $-0.60 |
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AHHRICK
| Q4 25 | $75.6M | — | ||
| Q3 25 | $72.7M | $70.9M | ||
| Q2 25 | $69.1M | $71.1M | ||
| Q1 25 | $67.8M | $65.9M | ||
| Q4 24 | $75.0M | $71.5M | ||
| Q3 24 | $114.4M | $73.2M | ||
| Q2 24 | $116.8M | $76.2M | ||
| Q1 24 | $127.0M | $72.3M |
净利润AHHRICK
| Q4 25 | $2.4M | — | ||
| Q3 25 | $80.0K | $-5.5M | ||
| Q2 25 | $5.9M | $4.1M | ||
| Q1 25 | $-2.8M | $3.2M | ||
| Q4 24 | $23.4M | $9.0M | ||
| Q3 24 | $-5.0M | $244.0K | ||
| Q2 24 | $3.2M | $-5.2M | ||
| Q1 24 | $14.1M | $774.0K |
毛利率AHHRICK
| 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AHHRICK
| Q4 25 | 31.0% | — | ||
| Q3 25 | 29.2% | -0.7% | ||
| Q2 25 | 29.6% | 12.2% | ||
| Q1 25 | 23.2% | 12.4% | ||
| Q4 24 | 50.1% | 19.5% | ||
| Q3 24 | 19.0% | 4.8% | ||
| Q2 24 | 11.9% | -3.3% | ||
| Q1 24 | 15.1% | 6.4% |
净利率AHHRICK
| Q4 25 | 3.1% | — | ||
| Q3 25 | 0.1% | -7.8% | ||
| Q2 25 | 8.6% | 5.7% | ||
| Q1 25 | -4.1% | 4.9% | ||
| Q4 24 | 31.2% | 12.6% | ||
| Q3 24 | -4.4% | 0.3% | ||
| Q2 24 | 2.7% | -6.9% | ||
| Q1 24 | 11.1% | 1.1% |
每股收益（稀释后）AHHRICK
| Q4 25 | $0.00 | — | ||
| Q3 25 | $-0.04 | $-0.60 | ||
| Q2 25 | $0.04 | $0.46 | ||
| Q1 25 | $-0.07 | $0.36 | ||
| Q4 24 | $0.28 | $1.01 | ||
| Q3 24 | $-0.11 | $0.04 | ||
| Q2 24 | $0.00 | $-0.56 | ||
| Q1 24 | $0.17 | $0.08 |
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 | $33.7M |
| 总债务越低越好 | $1.5B | $238.2M |
| 股东权益账面价值 | $627.8M | $261.1M |
| 总资产 | $2.6B | $596.9M |
| 负债/权益比越低杠杆越低 | 2.43× | 0.91× |
8季度趋势，按日历期对齐
现金及短期投资AHHRICK
| Q4 25 | $49.1M | — | ||
| Q3 25 | $46.5M | $33.7M | ||
| Q2 25 | $52.1M | $29.3M | ||
| Q1 25 | $45.7M | $32.7M | ||
| Q4 24 | $31.9M | $34.7M | ||
| Q3 24 | $43.9M | $32.4M | ||
| Q2 24 | $20.3M | $34.9M | ||
| Q1 24 | $41.9M | $20.0M |
总债务AHHRICK
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.5B | $238.2M | ||
| Q2 25 | $1.4B | $243.8M | ||
| Q1 25 | $1.3B | $244.1M | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.3B | $241.1M | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.4B | — |
股东权益AHHRICK
| Q4 25 | $627.8M | — | ||
| Q3 25 | $638.8M | $261.1M | ||
| Q2 25 | $652.0M | $269.5M | ||
| Q1 25 | $657.4M | $268.8M | ||
| Q4 24 | $670.6M | $269.0M | ||
| Q3 24 | $663.9M | $263.4M | ||
| Q2 24 | $562.7M | $271.2M | ||
| Q1 24 | $571.4M | $285.8M |
总资产AHHRICK
| Q4 25 | $2.6B | — | ||
| Q3 25 | $2.6B | $596.9M | ||
| Q2 25 | $2.6B | $597.4M | ||
| Q1 25 | $2.5B | $589.8M | ||
| Q4 24 | $2.5B | $586.2M | ||
| Q3 24 | $2.6B | $584.4M | ||
| Q2 24 | $2.6B | $601.0M | ||
| Q1 24 | $2.6B | $609.9M |
负债/权益比AHHRICK
| Q4 25 | 2.43× | — | ||
| Q3 25 | 2.33× | 0.91× | ||
| Q2 25 | 2.22× | 0.90× | ||
| Q1 25 | 2.01× | 0.91× | ||
| Q4 24 | 1.93× | — | ||
| Q3 24 | 2.00× | 0.92× | ||
| 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 | $13.7M |
| 自由现金流经营现金流 - 资本支出 | — | $11.5M |
| 自由现金流率自由现金流/营收 | — | 16.2% |
| 资本支出强度资本支出/营收 | — | 3.2% |
| 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 | — | $34.9M |
8季度趋势，按日历期对齐
经营现金流AHHRICK
| Q4 25 | $64.2M | — | ||
| Q3 25 | $26.3M | $13.7M | ||
| Q2 25 | $11.1M | $13.8M | ||
| Q1 25 | $107.0K | $8.5M | ||
| Q4 24 | $112.0M | $13.3M | ||
| Q3 24 | $27.3M | $15.7M | ||
| Q2 24 | $17.4M | $15.8M | ||
| Q1 24 | $46.5M | $10.8M |
自由现金流AHHRICK
| Q4 25 | — | — | ||
| Q3 25 | — | $11.5M | ||
| Q2 25 | — | $10.1M | ||
| Q1 25 | — | $5.7M | ||
| Q4 24 | — | $7.6M | ||
| Q3 24 | — | $10.3M | ||
| Q2 24 | — | $9.3M | ||
| Q1 24 | — | $3.2M |
自由现金流率AHHRICK
| Q4 25 | — | — | ||
| Q3 25 | — | 16.2% | ||
| Q2 25 | — | 14.2% | ||
| Q1 25 | — | 8.6% | ||
| Q4 24 | — | 10.6% | ||
| Q3 24 | — | 14.0% | ||
| Q2 24 | — | 12.3% | ||
| Q1 24 | — | 4.4% |
资本支出强度AHHRICK
| Q4 25 | — | — | ||
| Q3 25 | — | 3.2% | ||
| Q2 25 | — | 5.2% | ||
| Q1 25 | — | 4.3% | ||
| Q4 24 | — | 8.0% | ||
| Q3 24 | — | 7.3% | ||
| Q2 24 | — | 8.4% | ||
| Q1 24 | — | 10.6% |
现金转化率AHHRICK
| Q4 25 | 26.99× | — | ||
| Q3 25 | 328.63× | — | ||
| Q2 25 | 1.87× | 3.40× | ||
| Q1 25 | — | 2.65× | ||
| Q4 24 | 4.78× | 1.48× | ||
| Q3 24 | — | 64.14× | ||
| Q2 24 | 5.48× | — | ||
| Q1 24 | 3.30× | 14.00× |
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% |
RICK
| Transferred At Point In Time | $60.8M | 86% |
| Food And Merchandise | $10.4M | 15% |
