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American Homes 4 Rent（AMH）与CSW INDUSTRIALS, INC.（CSW）财务数据对比。点击上方公司名可切换其他公司
American Homes 4 Rent的季度营收约是CSW INDUSTRIALS, INC.的2.0倍（$455.0M vs $233.0M），American Homes 4 Rent净利率更高（31.7% vs 4.4%，领先27.3%），CSW INDUSTRIALS, INC.同比增速更快（20.3% vs 4.2%），American Homes 4 Rent自由现金流更多（$823.7M vs $22.7M），过去两年CSW INDUSTRIALS, INC.的营收复合增速更高（5.1% vs 3.6%）
AMH（American Homes 4 Rent）是总部位于美国内华达州拉斯维加斯的住宅房地产投资信托基金，主打单户住宅租赁业务。截至2019年12月31日，公司在全美22个州共持有52552套住宅，资产主要集中在亚特兰大、达拉斯-沃斯堡及北卡罗来纳州夏洛特地区。
AMH vs CSW — 直观对比
营收规模更大
AMH
是对方的2.0倍
$233.0M
营收增速更快
CSW
高出16.1%
4.2%
净利率更高
AMH
高出27.3%
4.4%
自由现金流更多
AMH
多$801.0M
$22.7M
两年增速更快
CSW
近两年复合增速
3.6%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $455.0M | $233.0M |
| 净利润 | $144.3M | $10.3M |
| 毛利率 | — | 39.7% |
| 营业利润率 | — | 7.4% |
| 净利率 | 31.7% | 4.4% |
| 营收同比 | 4.2% | 20.3% |
| 净利润同比 | 0.3% | -61.9% |
| 每股收益（稀释后） | $0.33 | $0.62 |
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AMHCSW
| Q4 25 | $455.0M | $233.0M | ||
| Q3 25 | $478.5M | $277.0M | ||
| Q2 25 | $457.5M | $263.6M | ||
| Q1 25 | $459.3M | $230.5M | ||
| Q4 24 | $436.6M | $193.6M | ||
| Q3 24 | $445.1M | $227.9M | ||
| Q2 24 | $423.5M | $226.2M | ||
| Q1 24 | $423.6M | $210.9M |
净利润AMHCSW
| Q4 25 | $144.3M | $10.3M | ||
| Q3 25 | $116.8M | $40.7M | ||
| Q2 25 | $123.6M | $40.9M | ||
| Q1 25 | $128.7M | $35.1M | ||
| Q4 24 | $143.9M | $26.9M | ||
| Q3 24 | $87.6M | $36.1M | ||
| Q2 24 | $108.5M | $38.6M | ||
| Q1 24 | $128.1M | $31.8M |
毛利率AMHCSW
| Q4 25 | — | 39.7% | ||
| Q3 25 | — | 43.0% | ||
| Q2 25 | — | 43.8% | ||
| Q1 25 | — | 44.2% | ||
| Q4 24 | — | 41.4% | ||
| Q3 24 | — | 45.6% | ||
| Q2 24 | — | 47.5% | ||
| Q1 24 | — | 44.4% |
营业利润率AMHCSW
| Q4 25 | — | 7.4% | ||
| Q3 25 | — | 20.5% | ||
| Q2 25 | — | 20.8% | ||
| Q1 25 | — | 19.5% | ||
| Q4 24 | — | 15.3% | ||
| Q3 24 | — | 22.6% | ||
| Q2 24 | — | 24.3% | ||
| Q1 24 | — | 21.0% |
净利率AMHCSW
| Q4 25 | 31.7% | 4.4% | ||
| Q3 25 | 24.4% | 14.7% | ||
| Q2 25 | 27.0% | 15.5% | ||
| Q1 25 | 28.0% | 15.2% | ||
| Q4 24 | 33.0% | 13.9% | ||
| Q3 24 | 19.7% | 15.8% | ||
| Q2 24 | 25.6% | 17.1% | ||
| Q1 24 | 30.2% | 15.1% |
每股收益（稀释后）AMHCSW
| Q4 25 | $0.33 | $0.62 | ||
| Q3 25 | $0.27 | $2.41 | ||
| Q2 25 | $0.28 | $2.43 | ||
| Q1 25 | $0.30 | $2.05 | ||
| Q4 24 | $0.33 | $1.60 | ||
| Q3 24 | $0.20 | $2.26 | ||
| Q2 24 | $0.25 | $2.47 | ||
| Q1 24 | $0.30 | $2.03 |
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 | $108.5M | $40.2M |
| 总债务越低越好 | $5.1B | — |
| 股东权益账面价值 | $7.0B | $1.1B |
| 总资产 | $13.2B | $2.3B |
| 负债/权益比越低杠杆越低 | 0.72× | — |
8季度趋势，按日历期对齐
现金及短期投资AMHCSW
| Q4 25 | $108.5M | $40.2M | ||
| Q3 25 | $45.6M | $31.5M | ||
| Q2 25 | $323.3M | $38.0M | ||
| Q1 25 | $69.7M | $225.8M | ||
| Q4 24 | $199.4M | $213.8M | ||
| Q3 24 | $162.5M | $273.2M | ||
| Q2 24 | $718.4M | $18.9M | ||
| Q1 24 | $124.8M | $22.2M |
总债务AMHCSW
| Q4 25 | $5.1B | — | ||
| Q3 25 | $4.8B | — | ||
| Q2 25 | $5.2B | — | ||
| Q1 25 | $4.9B | $800.1M | ||
| Q4 24 | $5.0B | — | ||
| Q3 24 | $4.5B | — | ||
| Q2 24 | $5.0B | — | ||
| Q1 24 | $4.5B | $166.0M |
股东权益AMHCSW
| Q4 25 | $7.0B | $1.1B | ||
| Q3 25 | $7.2B | $1.1B | ||
| Q2 25 | $7.2B | $1.1B | ||
| Q1 25 | $7.2B | $1.1B | ||
| Q4 24 | $7.2B | $1.0B | ||
| Q3 24 | $7.0B | $1.0B | ||
| Q2 24 | $7.0B | $650.2M | ||
| Q1 24 | $7.0B | $615.7M |
总资产AMHCSW
| Q4 25 | $13.2B | $2.3B | ||
| Q3 25 | $13.3B | $1.5B | ||
| Q2 25 | $13.6B | $1.5B | ||
| Q1 25 | $13.3B | $1.4B | ||
| Q4 24 | $13.4B | $1.4B | ||
| Q3 24 | $12.8B | $1.4B | ||
| Q2 24 | $13.3B | $1.1B | ||
| Q1 24 | $12.8B | $1.0B |
负债/权益比AMHCSW
| Q4 25 | 0.72× | — | ||
| Q3 25 | 0.68× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.69× | 0.75× | ||
| Q4 24 | 0.70× | — | ||
| Q3 24 | 0.64× | — | ||
| Q2 24 | 0.71× | — | ||
| Q1 24 | 0.64× | 0.27× |
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 | $864.3M | $28.9M |
| 自由现金流经营现金流 - 资本支出 | $823.7M | $22.7M |
| 自由现金流率自由现金流/营收 | 181.0% | 9.8% |
| 资本支出强度资本支出/营收 | 8.9% | 2.6% |
| 现金转化率经营现金流/净利润 | 5.99× | 2.81× |
| 过去12个月自由现金流最近4个季度 | $1.5B | $162.0M |
8季度趋势，按日历期对齐
经营现金流AMHCSW
| Q4 25 | $864.3M | $28.9M | ||
| Q3 25 | $223.3M | $61.8M | ||
| Q2 25 | $271.9M | $60.6M | ||
| Q1 25 | $223.4M | $27.3M | ||
| Q4 24 | $811.5M | $11.6M | ||
| Q3 24 | $233.6M | $66.8M | ||
| Q2 24 | $274.0M | $62.7M | ||
| Q1 24 | $201.8M | $22.4M |
自由现金流AMHCSW
| Q4 25 | $823.7M | $22.7M | ||
| Q3 25 | $214.5M | $58.7M | ||
| Q2 25 | $257.7M | $57.7M | ||
| Q1 25 | $215.9M | $22.8M | ||
| Q4 24 | $777.5M | $8.5M | ||
| Q3 24 | $225.3M | $61.3M | ||
| Q2 24 | $263.3M | $59.6M | ||
| Q1 24 | $191.0M | $17.5M |
自由现金流率AMHCSW
| Q4 25 | 181.0% | 9.8% | ||
| Q3 25 | 44.8% | 21.2% | ||
| Q2 25 | 56.3% | 21.9% | ||
| Q1 25 | 47.0% | 9.9% | ||
| Q4 24 | 178.1% | 4.4% | ||
| Q3 24 | 50.6% | 26.9% | ||
| Q2 24 | 62.2% | 26.3% | ||
| Q1 24 | 45.1% | 8.3% |
资本支出强度AMHCSW
| Q4 25 | 8.9% | 2.6% | ||
| Q3 25 | 1.8% | 1.1% | ||
| Q2 25 | 3.1% | 1.1% | ||
| Q1 25 | 1.6% | 2.0% | ||
| Q4 24 | 7.8% | 1.6% | ||
| Q3 24 | 1.9% | 2.4% | ||
| Q2 24 | 2.5% | 1.4% | ||
| Q1 24 | 2.6% | 2.3% |
现金转化率AMHCSW
| Q4 25 | 5.99× | 2.81× | ||
| Q3 25 | 1.91× | 1.52× | ||
| Q2 25 | 2.20× | 1.48× | ||
| Q1 25 | 1.74× | 0.78× | ||
| Q4 24 | 5.64× | 0.43× | ||
| Q3 24 | 2.67× | 1.85× | ||
| Q2 24 | 2.52× | 1.62× | ||
| Q1 24 | 1.58× | 0.71× |
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
AMH
暂无分部数据
CSW
| Contractor Solutions Segment | $166.3M | 71% |
| Specialized Reliability Solutions Segment | $38.2M | 16% |
| Engineered Building Solutions Segment | $28.5M | 12% |
