vs
Alexander & Baldwin, Inc.（ALEX）与RMR GROUP INC.（RMR）财务数据对比。点击上方公司名可切换其他公司
RMR GROUP INC.的季度营收约是Alexander & Baldwin, Inc.的1.3倍（$66.7M vs $51.0M），RMR GROUP INC.净利率更高（18.3% vs 7.4%，领先10.9%），RMR GROUP INC.同比增速更快（40.8% vs -18.4%）
亚历山大-鲍德温公司是一家美国企业，曾是夏威夷领地时期五大财团之一，也是五大财团中最晚停止甘蔗种植的企业。目前公司主营房地产开发、土地运营以及建材与建筑业务，截至2020年，该公司是夏威夷最大的私人土地持有者之一，在当地拥有超2.8万英亩土地，运营着36处收益性物业。
RMR集团是总部位于美国的另类资产管理企业，核心业务聚焦不动产及相关投资，覆盖商业地产、住宅物业、基础设施等赛道，服务全球核心市场的机构投资者、高净值人士及零售客户。
ALEX vs RMR — 直观对比
营收规模更大
RMR
是对方的1.3倍
$51.0M
营收增速更快
RMR
高出59.1%
-18.4%
净利率更高
RMR
高出10.9%
7.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $51.0M | $66.7M |
| 净利润 | $3.8M | $12.2M |
| 毛利率 | — | — |
| 营业利润率 | 17.1% | 48.1% |
| 净利率 | 7.4% | 18.3% |
| 营收同比 | -18.4% | 40.8% |
| 净利润同比 | -69.7% | 91.1% |
| 每股收益（稀释后） | $0.05 | $0.71 |
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ALEXRMR
| Q4 25 | $51.0M | $66.7M | ||
| Q3 25 | $50.2M | — | ||
| Q2 25 | $51.7M | — | ||
| Q1 25 | $53.7M | — | ||
| Q4 24 | $62.4M | — | ||
| Q3 24 | $61.9M | — | ||
| Q2 24 | $51.0M | — | ||
| Q1 24 | $61.2M | — |
净利润ALEXRMR
| Q4 25 | $3.8M | $12.2M | ||
| Q3 25 | $14.3M | — | ||
| Q2 25 | $25.1M | — | ||
| Q1 25 | $21.4M | — | ||
| Q4 24 | $12.4M | — | ||
| Q3 24 | $19.0M | — | ||
| Q2 24 | $9.1M | — | ||
| Q1 24 | $20.0M | — |
营业利润率ALEXRMR
| Q4 25 | 17.1% | 48.1% | ||
| Q3 25 | 38.2% | — | ||
| Q2 25 | 54.4% | — | ||
| Q1 25 | 44.6% | — | ||
| Q4 24 | 28.3% | — | ||
| Q3 24 | 35.6% | — | ||
| Q2 24 | 31.8% | — | ||
| Q1 24 | 38.9% | — |
净利率ALEXRMR
| Q4 25 | 7.4% | 18.3% | ||
| Q3 25 | 28.5% | — | ||
| Q2 25 | 48.6% | — | ||
| Q1 25 | 39.9% | — | ||
| Q4 24 | 19.9% | — | ||
| Q3 24 | 30.7% | — | ||
| Q2 24 | 17.8% | — | ||
| Q1 24 | 32.6% | — |
每股收益（稀释后）ALEXRMR
| Q4 25 | $0.05 | $0.71 | ||
| Q3 25 | $0.20 | — | ||
| Q2 25 | $0.35 | — | ||
| Q1 25 | $0.29 | — | ||
| Q4 24 | $0.16 | — | ||
| Q3 24 | $0.26 | — | ||
| Q2 24 | $0.13 | — | ||
| Q1 24 | $0.28 | — |
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 | $11.3M | $49.3M |
| 总债务越低越好 | $491.6M | — |
| 股东权益账面价值 | $987.2M | $232.7M |
| 总资产 | $1.7B | $687.1M |
| 负债/权益比越低杠杆越低 | 0.50× | — |
8季度趋势，按日历期对齐
现金及短期投资ALEXRMR
| Q4 25 | $11.3M | $49.3M | ||
| Q3 25 | $17.3M | — | ||
| Q2 25 | $8.6M | — | ||
| Q1 25 | $16.9M | — | ||
| Q4 24 | $33.4M | — | ||
| Q3 24 | $17.9M | — | ||
| Q2 24 | $29.5M | — | ||
| Q1 24 | $15.7M | — |
总债务ALEXRMR
| Q4 25 | $491.6M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $474.8M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ALEXRMR
| Q4 25 | $987.2M | $232.7M | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $998.2M | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $1.0B | — |
总资产ALEXRMR
| Q4 25 | $1.7B | $687.1M | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.6B | — | ||
| Q1 24 | $1.6B | — |
负债/权益比ALEXRMR
| Q4 25 | 0.50× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $79.5M | $10.7M |
| 自由现金流经营现金流 - 资本支出 | $27.3M | — |
| 自由现金流率自由现金流/营收 | 53.5% | — |
| 资本支出强度资本支出/营收 | 102.4% | — |
| 现金转化率经营现金流/净利润 | 21.06× | 0.88× |
| 过去12个月自由现金流最近4个季度 | $57.2M | — |
8季度趋势，按日历期对齐
经营现金流ALEXRMR
| Q4 25 | $79.5M | $10.7M | ||
| Q3 25 | $24.5M | — | ||
| Q2 25 | $16.5M | — | ||
| Q1 25 | $26.0M | — | ||
| Q4 24 | $98.0M | — | ||
| Q3 24 | $35.3M | — | ||
| Q2 24 | $22.3M | — | ||
| Q1 24 | $16.1M | — |
自由现金流ALEXRMR
| Q4 25 | $27.3M | — | ||
| Q3 25 | $-3.7M | — | ||
| Q2 25 | $11.8M | — | ||
| Q1 25 | $21.8M | — | ||
| Q4 24 | $77.0M | — | ||
| Q3 24 | $31.4M | — | ||
| Q2 24 | $18.0M | — | ||
| Q1 24 | $12.3M | — |
自由现金流率ALEXRMR
| Q4 25 | 53.5% | — | ||
| Q3 25 | -7.4% | — | ||
| Q2 25 | 22.8% | — | ||
| Q1 25 | 40.6% | — | ||
| Q4 24 | 123.4% | — | ||
| Q3 24 | 50.8% | — | ||
| Q2 24 | 35.3% | — | ||
| Q1 24 | 20.1% | — |
资本支出强度ALEXRMR
| Q4 25 | 102.4% | — | ||
| Q3 25 | 56.1% | — | ||
| Q2 25 | 9.1% | — | ||
| Q1 25 | 7.8% | — | ||
| Q4 24 | 33.5% | — | ||
| Q3 24 | 6.2% | — | ||
| Q2 24 | 8.4% | — | ||
| Q1 24 | 6.1% | — |
现金转化率ALEXRMR
| Q4 25 | 21.06× | 0.88× | ||
| Q3 25 | 1.71× | — | ||
| Q2 25 | 0.66× | — | ||
| Q1 25 | 1.21× | — | ||
| Q4 24 | 7.88× | — | ||
| Q3 24 | 1.86× | — | ||
| Q2 24 | 2.45× | — | ||
| Q1 24 | 0.80× | — |
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
ALEX
暂无分部数据
RMR
| Management Service Incentive | $23.6M | 35% |
| Industrial Logistics Properties Trust | $15.1M | 23% |
| Managed Private Real Estate Capital | $11.1M | 17% |
| Office Properties Income Trust | $5.6M | 8% |
| Other Private Entities | $5.3M | 8% |
| RMR Residential | $3.4M | 5% |
| Sonesta International Hotels Corporation | $2.1M | 3% |
| Investment Advisory Management And Administrative Service | $1.2M | 2% |
