vs
American Homes 4 Rent（AMH）与化石集团（FOSL）财务数据对比。点击上方公司名可切换其他公司
American Homes 4 Rent的季度营收约是化石集团的1.7倍（$455.0M vs $270.2M），American Homes 4 Rent净利率更高（31.7% vs -14.8%，领先46.5%），American Homes 4 Rent同比增速更快（4.2% vs -21.1%），American Homes 4 Rent自由现金流更多（$823.7M vs $-22.5M），过去两年American Homes 4 Rent的营收复合增速更高（3.6% vs -11.4%）
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。
化石集团是1984年成立的美国时尚设计制造企业，总部位于得克萨斯州理查森。集团旗下拥有Fossil、Relic、Michele Watch、Skagen、Zodiac Watches等多个品牌，同时也为宝马、彪马、阿玛尼、迈克高仕、DKNY等多个知名品牌代工生产授权配饰。
AMH vs FOSL — 直观对比
营收规模更大
AMH
是对方的1.7倍
$270.2M
营收增速更快
AMH
高出25.3%
-21.1%
净利率更高
AMH
高出46.5%
-14.8%
自由现金流更多
AMH
多$846.2M
$-22.5M
两年增速更快
AMH
近两年复合增速
-11.4%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $455.0M | $270.2M |
| 净利润 | $144.3M | $-40.0M |
| 毛利率 | — | 49.0% |
| 营业利润率 | — | -8.0% |
| 净利率 | 31.7% | -14.8% |
| 营收同比 | 4.2% | -21.1% |
| 净利润同比 | 0.3% | -257.8% |
| 每股收益（稀释后） | $0.33 | $-0.76 |
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AMHFOSL
| Q4 25 | $455.0M | $270.2M | ||
| Q3 25 | $478.5M | $220.4M | ||
| Q2 25 | $457.5M | $233.3M | ||
| Q1 25 | $459.3M | — | ||
| Q4 24 | $436.6M | $342.3M | ||
| Q3 24 | $445.1M | $287.8M | ||
| Q2 24 | $423.5M | $260.0M | ||
| Q1 24 | $423.6M | $254.9M |
净利润AMHFOSL
| Q4 25 | $144.3M | $-40.0M | ||
| Q3 25 | $116.8M | $-2.1M | ||
| Q2 25 | $123.6M | $-17.9M | ||
| Q1 25 | $128.7M | — | ||
| Q4 24 | $143.9M | $-11.2M | ||
| Q3 24 | $87.6M | $-31.9M | ||
| Q2 24 | $108.5M | $-38.8M | ||
| Q1 24 | $128.1M | $-24.3M |
毛利率AMHFOSL
| Q4 25 | — | 49.0% | ||
| Q3 25 | — | 57.5% | ||
| Q2 25 | — | 61.3% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 53.9% | ||
| Q3 24 | — | 49.4% | ||
| Q2 24 | — | 52.6% | ||
| Q1 24 | — | 52.4% |
营业利润率AMHFOSL
| Q4 25 | — | -8.0% | ||
| Q3 25 | — | 3.9% | ||
| Q2 25 | — | -2.9% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -4.8% | ||
| Q3 24 | — | -8.5% | ||
| Q2 24 | — | -13.1% | ||
| Q1 24 | — | -11.5% |
净利率AMHFOSL
| Q4 25 | 31.7% | -14.8% | ||
| Q3 25 | 24.4% | -1.0% | ||
| Q2 25 | 27.0% | -7.7% | ||
| Q1 25 | 28.0% | — | ||
| Q4 24 | 33.0% | -3.3% | ||
| Q3 24 | 19.7% | -11.1% | ||
| Q2 24 | 25.6% | -14.9% | ||
| Q1 24 | 30.2% | -9.5% |
每股收益（稀释后）AMHFOSL
| Q4 25 | $0.33 | $-0.76 | ||
| Q3 25 | $0.27 | $-0.04 | ||
| Q2 25 | $0.28 | $-0.33 | ||
| Q1 25 | $0.30 | — | ||
| Q4 24 | $0.33 | $-0.15 | ||
| Q3 24 | $0.20 | $-0.60 | ||
| Q2 24 | $0.25 | $-0.73 | ||
| Q1 24 | $0.30 | $-0.46 |
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 | $79.2M |
| 总债务越低越好 | $5.1B | $169.1M |
| 股东权益账面价值 | $7.0B | $112.6M |
| 总资产 | $13.2B | $701.0M |
| 负债/权益比越低杠杆越低 | 0.72× | 1.50× |
8季度趋势，按日历期对齐
现金及短期投资AMHFOSL
| Q4 25 | $108.5M | $79.2M | ||
| Q3 25 | $45.6M | $109.9M | ||
| Q2 25 | $323.3M | $78.3M | ||
| Q1 25 | $69.7M | — | ||
| Q4 24 | $199.4M | $123.6M | ||
| Q3 24 | $162.5M | $106.3M | ||
| Q2 24 | $718.4M | $104.9M | ||
| Q1 24 | $124.8M | $112.9M |
总债务AMHFOSL
| Q4 25 | $5.1B | $169.1M | ||
| Q3 25 | $4.8B | $165.6M | ||
| Q2 25 | $5.2B | $167.2M | ||
| Q1 25 | $4.9B | — | ||
| Q4 24 | $5.0B | $162.7M | ||
| Q3 24 | $4.5B | $173.4M | ||
| Q2 24 | $5.0B | $156.5M | ||
| Q1 24 | $4.5B | $202.9M |
股东权益AMHFOSL
| Q4 25 | $7.0B | $112.6M | ||
| Q3 25 | $7.2B | $150.3M | ||
| Q2 25 | $7.2B | $140.6M | ||
| Q1 25 | $7.2B | — | ||
| Q4 24 | $7.2B | $148.7M | ||
| Q3 24 | $7.0B | $164.4M | ||
| Q2 24 | $7.0B | $189.6M | ||
| Q1 24 | $7.0B | $229.1M |
总资产AMHFOSL
| Q4 25 | $13.2B | $701.0M | ||
| Q3 25 | $13.3B | $704.5M | ||
| Q2 25 | $13.6B | $686.0M | ||
| Q1 25 | $13.3B | — | ||
| Q4 24 | $13.4B | $763.6M | ||
| Q3 24 | $12.8B | $812.4M | ||
| Q2 24 | $13.3B | $785.7M | ||
| Q1 24 | $12.8B | $891.0M |
负债/权益比AMHFOSL
| Q4 25 | 0.72× | 1.50× | ||
| Q3 25 | 0.68× | 1.10× | ||
| Q2 25 | 0.72× | 1.19× | ||
| Q1 25 | 0.69× | — | ||
| Q4 24 | 0.70× | 1.09× | ||
| Q3 24 | 0.64× | 1.06× | ||
| Q2 24 | 0.71× | 0.83× | ||
| Q1 24 | 0.64× | 0.89× |
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 | $-22.2M |
| 自由现金流经营现金流 - 资本支出 | $823.7M | $-22.5M |
| 自由现金流率自由现金流/营收 | 181.0% | -8.3% |
| 资本支出强度资本支出/营收 | 8.9% | 0.1% |
| 现金转化率经营现金流/净利润 | 5.99× | — |
| 过去12个月自由现金流最近4个季度 | $1.5B | $-46.0M |
8季度趋势，按日历期对齐
经营现金流AMHFOSL
| Q4 25 | $864.3M | $-22.2M | ||
| Q3 25 | $223.3M | $9.4M | ||
| Q2 25 | $271.9M | $-60.4M | ||
| Q1 25 | $223.4M | — | ||
| Q4 24 | $811.5M | $30.5M | ||
| Q3 24 | $233.6M | $-22.8M | ||
| Q2 24 | $274.0M | $38.4M | ||
| Q1 24 | $201.8M | $622.0K |
自由现金流AMHFOSL
| Q4 25 | $823.7M | $-22.5M | ||
| Q3 25 | $214.5M | $8.6M | ||
| Q2 25 | $257.7M | $-60.6M | ||
| Q1 25 | $215.9M | — | ||
| Q4 24 | $777.5M | $28.5M | ||
| Q3 24 | $225.3M | $-24.1M | ||
| Q2 24 | $263.3M | $36.6M | ||
| Q1 24 | $191.0M | $-1.1M |
自由现金流率AMHFOSL
| Q4 25 | 181.0% | -8.3% | ||
| Q3 25 | 44.8% | 3.9% | ||
| Q2 25 | 56.3% | -26.0% | ||
| Q1 25 | 47.0% | — | ||
| Q4 24 | 178.1% | 8.3% | ||
| Q3 24 | 50.6% | -8.4% | ||
| Q2 24 | 62.2% | 14.1% | ||
| Q1 24 | 45.1% | -0.4% |
资本支出强度AMHFOSL
| Q4 25 | 8.9% | 0.1% | ||
| Q3 25 | 1.8% | 0.4% | ||
| Q2 25 | 3.1% | 0.1% | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | 7.8% | 0.6% | ||
| Q3 24 | 1.9% | 0.4% | ||
| Q2 24 | 2.5% | 0.7% | ||
| Q1 24 | 2.6% | 0.7% |
现金转化率AMHFOSL
| Q4 25 | 5.99× | — | ||
| Q3 25 | 1.91× | — | ||
| Q2 25 | 2.20× | — | ||
| Q1 25 | 1.74× | — | ||
| Q4 24 | 5.64× | — | ||
| Q3 24 | 2.67× | — | ||
| Q2 24 | 2.52× | — | ||
| Q1 24 | 1.58× | — |
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
FOSL
| Transferred At Point In Time | $109.7M | 41% |
| Traditional Watches | $91.3M | 34% |
| Other | $50.8M | 19% |
| Leathers | $9.5M | 4% |
| Jewelry | $4.0M | 1% |
| Smartwatches | $3.3M | 1% |
| Products Other | $1.6M | 1% |
