vs
American Healthcare REIT, Inc.（AHR）与TreeHouse Foods, Inc.（THS）财务数据对比。点击上方公司名可切换其他公司
TreeHouse Foods, Inc.的季度营收约是American Healthcare REIT, Inc.的1.5倍（$840.3M vs $564.0M），American Healthcare REIT, Inc.净利率更高（1.9% vs -31.6%，领先33.5%），American Healthcare REIT, Inc.同比增速更快（13.5% vs 0.1%），过去两年American Healthcare REIT, Inc.的营收复合增速更高（11.7% vs -3.9%）
本公司是一家国际医疗房地产投资信托基金（REIT），总部位于美国阿拉巴马州伯明翰，主要在美国及欧洲地区收购、投资医疗机构与营利性医疗控股企业，物业收购多采用售后回租模式，租户通常签署长期三净租约。
树屋食品公司是一家跨国食品加工企业，主打贴牌包装食品生产，总部位于美国伊利诺伊州奥克布鲁克，2005年成立后完全通过收购拓展业务。2010年该公司销售额达20亿美元，在20座工厂拥有超4000名员工，曾获评《食品加工》杂志2010年度加工企业，被称为“你没听过的大型企业”。
AHR vs THS — 直观对比
营收规模更大
THS
是对方的1.5倍
$564.0M
营收增速更快
AHR
高出13.4%
0.1%
净利率更高
AHR
高出33.5%
-31.6%
两年增速更快
AHR
近两年复合增速
-3.9%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $564.0M | $840.3M |
| 净利润 | $10.8M | $-265.8M |
| 毛利率 | 14.8% | 18.8% |
| 营业利润率 | 19.8% | -30.2% |
| 净利率 | 1.9% | -31.6% |
| 营收同比 | 13.5% | 0.1% |
| 净利润同比 | 133.9% | -7717.6% |
| 每股收益（稀释后） | $0.07 | $-5.26 |
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AHRTHS
| Q4 25 | $564.0M | — | ||
| Q3 25 | $532.1M | $840.3M | ||
| Q2 25 | $501.3M | $798.0M | ||
| Q1 25 | $497.2M | $792.0M | ||
| Q4 24 | $496.8M | $905.7M | ||
| Q3 24 | $476.8M | $839.1M | ||
| Q2 24 | $458.0M | $788.5M | ||
| Q1 24 | $452.1M | $820.7M |
净利润AHRTHS
| Q4 25 | $10.8M | — | ||
| Q3 25 | $55.9M | $-265.8M | ||
| Q2 25 | $9.9M | $-2.9M | ||
| Q1 25 | $-6.8M | $-31.8M | ||
| Q4 24 | $-31.8M | $58.7M | ||
| Q3 24 | $-4.1M | $-3.4M | ||
| Q2 24 | $2.0M | $-16.7M | ||
| Q1 24 | $-3.9M | $-11.7M |
毛利率AHRTHS
| Q4 25 | 14.8% | — | ||
| Q3 25 | 14.6% | 18.8% | ||
| Q2 25 | 15.0% | 17.4% | ||
| Q1 25 | 13.0% | 14.5% | ||
| Q4 24 | 13.3% | 19.5% | ||
| Q3 24 | 12.5% | 15.6% | ||
| Q2 24 | 12.1% | 16.3% | ||
| Q1 24 | 10.7% | 13.6% |
营业利润率AHRTHS
| Q4 25 | 19.8% | — | ||
| Q3 25 | 19.9% | -30.2% | ||
| Q2 25 | 20.6% | 3.4% | ||
| Q1 25 | 19.0% | -0.7% | ||
| Q4 24 | 20.0% | 8.9% | ||
| Q3 24 | 19.6% | 3.8% | ||
| Q2 24 | 19.4% | -0.5% | ||
| Q1 24 | 18.2% | -0.6% |
净利率AHRTHS
| Q4 25 | 1.9% | — | ||
| Q3 25 | 10.5% | -31.6% | ||
| Q2 25 | 2.0% | -0.4% | ||
| Q1 25 | -1.4% | -4.0% | ||
| Q4 24 | -6.4% | 6.5% | ||
| Q3 24 | -0.9% | -0.4% | ||
| Q2 24 | 0.4% | -2.1% | ||
| Q1 24 | -0.9% | -1.4% |
每股收益（稀释后）AHRTHS
| Q4 25 | $0.07 | — | ||
| Q3 25 | $0.33 | $-5.26 | ||
| Q2 25 | $0.06 | $-0.06 | ||
| Q1 25 | $-0.04 | $-0.63 | ||
| Q4 24 | $-0.23 | $1.12 | ||
| Q3 24 | $-0.03 | $-0.07 | ||
| Q2 24 | $0.01 | $-0.32 | ||
| Q1 24 | $-0.04 | $-0.22 |
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 | $114.8M | $21.0M |
| 总债务越低越好 | — | $1.5B |
| 股东权益账面价值 | $3.3B | $1.3B |
| 总资产 | $5.4B | $3.8B |
| 负债/权益比越低杠杆越低 | — | 1.18× |
8季度趋势，按日历期对齐
现金及短期投资AHRTHS
| Q4 25 | $114.8M | — | ||
| Q3 25 | $147.4M | $21.0M | ||
| Q2 25 | $133.5M | $17.1M | ||
| Q1 25 | $86.1M | $16.4M | ||
| Q4 24 | $76.7M | $289.6M | ||
| Q3 24 | $67.8M | $102.0M | ||
| Q2 24 | $52.1M | $105.8M | ||
| Q1 24 | $77.0M | $191.8M |
总债务AHRTHS
| Q4 25 | — | — | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | — | $1.4B |
股东权益AHRTHS
| Q4 25 | $3.3B | — | ||
| Q3 25 | $2.7B | $1.3B | ||
| Q2 25 | $2.4B | $1.5B | ||
| Q1 25 | $2.3B | $1.5B | ||
| Q4 24 | $2.3B | $1.5B | ||
| Q3 24 | $2.2B | $1.6B | ||
| Q2 24 | $1.9B | $1.6B | ||
| Q1 24 | $2.0B | $1.6B |
总资产AHRTHS
| Q4 25 | $5.4B | — | ||
| Q3 25 | $4.8B | $3.8B | ||
| Q2 25 | $4.5B | $4.0B | ||
| Q1 25 | $4.5B | $3.9B | ||
| Q4 24 | $4.5B | $4.0B | ||
| Q3 24 | $4.7B | $4.0B | ||
| Q2 24 | $4.6B | $3.9B | ||
| Q1 24 | $4.7B | $4.0B |
负债/权益比AHRTHS
| Q4 25 | — | — | ||
| Q3 25 | — | 1.18× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 0.93× | ||
| Q4 24 | — | 0.90× | ||
| Q3 24 | — | 0.90× | ||
| Q2 24 | — | 0.90× | ||
| Q1 24 | — | 0.87× |
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 | $55.2M | $38.2M |
| 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 | 5.12× | — |
| 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AHRTHS
| Q4 25 | $55.2M | — | ||
| Q3 25 | $107.2M | $38.2M | ||
| Q2 25 | $71.5M | $-47.2M | ||
| Q1 25 | $60.6M | $-53.5M | ||
| Q4 24 | $59.5M | $296.2M | ||
| Q3 24 | $63.1M | $41.4M | ||
| Q2 24 | $59.4M | $-19.4M | ||
| Q1 24 | $-6.0M | $-52.4M |
自由现金流AHRTHS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $-42.2M | ||
| Q1 24 | — | $-80.7M |
自由现金流率AHRTHS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -5.4% | ||
| Q1 24 | — | -9.8% |
资本支出强度AHRTHS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 2.9% | ||
| Q1 24 | — | 3.4% |
现金转化率AHRTHS
| Q4 25 | 5.12× | — | ||
| Q3 25 | 1.92× | — | ||
| Q2 25 | 7.21× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 5.05× | ||
| Q3 24 | — | — | ||
| Q2 24 | 30.02× | — | ||
| Q1 24 | — | — |
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
AHR
| Integrated Senior Health Campuses | $467.0M | 83% |
| SHOP | $97.0M | 17% |
THS
| Retail Grocery Customers | $670.6M | 80% |
| Food Away From Home And Other | $85.3M | 10% |
| Co Manufacturing | $84.4M | 10% |
