vs
American Homes 4 Rent（AMH）与诺唯真游轮控股（LINE）财务数据对比。点击上方公司名可切换其他公司
诺唯真游轮控股的季度营收约是American Homes 4 Rent的3.0倍（$1.4B vs $455.0M），American Homes 4 Rent净利率更高（31.7% vs -7.3%，领先39.0%），American Homes 4 Rent同比增速更快（4.2% vs 3.1%），American Homes 4 Rent自由现金流更多（$823.7M vs $35.0M）
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。
诺唯真游轮控股是一家总部位于美国、注册地为百慕大的企业，旗下全资运营诺唯真游轮、大洋游轮、丽晶七海游轮三大品牌，合并业务规模位列全球游轮运营商第三位，目前在纽约证券交易所挂牌上市。
AMH vs LINE — 直观对比
营收规模更大
LINE
是对方的3.0倍
$455.0M
营收增速更快
AMH
高出1.1%
3.1%
净利率更高
AMH
高出39.0%
-7.3%
自由现金流更多
AMH
多$788.7M
$35.0M
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $455.0M | $1.4B |
| 净利润 | $144.3M | $-100.0M |
| 毛利率 | — | 32.3% |
| 营业利润率 | — | 2.5% |
| 净利率 | 31.7% | -7.3% |
| 营收同比 | 4.2% | 3.1% |
| 净利润同比 | 0.3% | 79.4% |
| 每股收益（稀释后） | $0.33 | $-0.44 |
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AMHLINE
| Q4 25 | $455.0M | — | ||
| Q3 25 | $478.5M | $1.4B | ||
| Q2 25 | $457.5M | $1.4B | ||
| Q1 25 | $459.3M | $1.3B | ||
| Q4 24 | $436.6M | $1.3B | ||
| Q3 24 | $445.1M | $1.3B | ||
| Q2 24 | $423.5M | $1.3B | ||
| Q1 24 | $423.6M | $1.3B |
净利润AMHLINE
| Q4 25 | $144.3M | — | ||
| Q3 25 | $116.8M | $-100.0M | ||
| Q2 25 | $123.6M | $-6.0M | ||
| Q1 25 | $128.7M | $0 | ||
| Q4 24 | $143.9M | $-71.0M | ||
| Q3 24 | $87.6M | $-485.0M | ||
| Q2 24 | $108.5M | $-68.0M | ||
| Q1 24 | $128.1M | $-40.0M |
毛利率AMHLINE
| Q4 25 | — | — | ||
| Q3 25 | — | 32.3% | ||
| Q2 25 | — | 31.9% | ||
| Q1 25 | — | 32.2% | ||
| Q4 24 | — | 32.3% | ||
| Q3 24 | — | 32.8% | ||
| Q2 24 | — | 33.4% | ||
| Q1 24 | — | 33.4% |
营业利润率AMHLINE
| Q4 25 | — | — | ||
| Q3 25 | — | 2.5% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | 4.3% | ||
| Q4 24 | — | -1.6% | ||
| Q3 24 | — | -38.6% | ||
| Q2 24 | — | 5.5% | ||
| Q1 24 | — | 7.6% |
净利率AMHLINE
| Q4 25 | 31.7% | — | ||
| Q3 25 | 24.4% | -7.3% | ||
| Q2 25 | 27.0% | -0.4% | ||
| Q1 25 | 28.0% | — | ||
| Q4 24 | 33.0% | -5.3% | ||
| Q3 24 | 19.7% | -36.3% | ||
| Q2 24 | 25.6% | -5.1% | ||
| Q1 24 | 30.2% | -3.0% |
每股收益（稀释后）AMHLINE
| Q4 25 | $0.33 | — | ||
| Q3 25 | $0.27 | $-0.44 | ||
| Q2 25 | $0.28 | $-0.03 | ||
| Q1 25 | $0.30 | $0.01 | ||
| Q4 24 | $0.33 | $-0.52 | ||
| Q3 24 | $0.20 | $-2.44 | ||
| Q2 24 | $0.25 | $-0.46 | ||
| Q1 24 | $0.30 | $-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 | $108.5M | — |
| 总债务越低越好 | $5.1B | — |
| 股东权益账面价值 | $7.0B | $8.4B |
| 总资产 | $13.2B | $19.2B |
| 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AMHLINE
| Q4 25 | $108.5M | — | ||
| Q3 25 | $45.6M | — | ||
| Q2 25 | $323.3M | — | ||
| Q1 25 | $69.7M | — | ||
| Q4 24 | $199.4M | $173.0M | ||
| Q3 24 | $162.5M | $409.0M | ||
| Q2 24 | $718.4M | $73.0M | ||
| Q1 24 | $124.8M | — |
总债务AMHLINE
| Q4 25 | $5.1B | — | ||
| Q3 25 | $4.8B | — | ||
| Q2 25 | $5.2B | — | ||
| Q1 25 | $4.9B | — | ||
| Q4 24 | $5.0B | — | ||
| Q3 24 | $4.5B | — | ||
| Q2 24 | $5.0B | — | ||
| Q1 24 | $4.5B | — |
股东权益AMHLINE
| Q4 25 | $7.0B | — | ||
| Q3 25 | $7.2B | $8.4B | ||
| Q2 25 | $7.2B | $8.6B | ||
| Q1 25 | $7.2B | $8.6B | ||
| Q4 24 | $7.2B | $8.6B | ||
| Q3 24 | $7.0B | $9.0B | ||
| Q2 24 | $7.0B | $4.9B | ||
| Q1 24 | $7.0B | $5.6B |
总资产AMHLINE
| Q4 25 | $13.2B | — | ||
| Q3 25 | $13.3B | $19.2B | ||
| Q2 25 | $13.6B | $19.4B | ||
| Q1 25 | $13.3B | $18.8B | ||
| Q4 24 | $13.4B | $18.7B | ||
| Q3 24 | $12.8B | $19.3B | ||
| Q2 24 | $13.3B | $18.8B | ||
| Q1 24 | $12.8B | — |
负债/权益比AMHLINE
| Q4 25 | 0.72× | — | ||
| Q3 25 | 0.68× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.69× | — | ||
| Q4 24 | 0.70× | — | ||
| Q3 24 | 0.64× | — | ||
| Q2 24 | 0.71× | — | ||
| Q1 24 | 0.64× | — |
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 | $230.0M |
| 自由现金流经营现金流 - 资本支出 | $823.7M | $35.0M |
| 自由现金流率自由现金流/营收 | 181.0% | 2.5% |
| 资本支出强度资本支出/营收 | 8.9% | 14.2% |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流AMHLINE
| Q4 25 | $864.3M | — | ||
| Q3 25 | $223.3M | $230.0M | ||
| Q2 25 | $271.9M | $258.0M | ||
| Q1 25 | $223.4M | $139.0M | ||
| Q4 24 | $811.5M | — | ||
| Q3 24 | $233.6M | $186.0M | ||
| Q2 24 | $274.0M | $155.0M | ||
| Q1 24 | $201.8M | $105.0M |
自由现金流AMHLINE
| Q4 25 | $823.7M | — | ||
| Q3 25 | $214.5M | $35.0M | ||
| Q2 25 | $257.7M | $95.0M | ||
| Q1 25 | $215.9M | $-12.0M | ||
| Q4 24 | $777.5M | — | ||
| Q3 24 | $225.3M | $33.0M | ||
| Q2 24 | $263.3M | $-31.0M | ||
| Q1 24 | $191.0M | $-42.0M |
自由现金流率AMHLINE
| Q4 25 | 181.0% | — | ||
| Q3 25 | 44.8% | 2.5% | ||
| Q2 25 | 56.3% | 7.0% | ||
| Q1 25 | 47.0% | -0.9% | ||
| Q4 24 | 178.1% | — | ||
| Q3 24 | 50.6% | 2.5% | ||
| Q2 24 | 62.2% | -2.3% | ||
| Q1 24 | 45.1% | -3.2% |
资本支出强度AMHLINE
| Q4 25 | 8.9% | — | ||
| Q3 25 | 1.8% | 14.2% | ||
| Q2 25 | 3.1% | 12.1% | ||
| Q1 25 | 1.6% | 11.7% | ||
| Q4 24 | 7.8% | — | ||
| Q3 24 | 1.9% | 11.5% | ||
| Q2 24 | 2.5% | 13.9% | ||
| Q1 24 | 2.6% | 11.1% |
现金转化率AMHLINE
| 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
LINE
| Warehousing Operations | $883.0M | 64% |
| Other | $308.0M | 22% |
| Warehouse Lease | $60.0M | 4% |
| Food Sales | $52.0M | 4% |
| E Commerce And Other | $46.0M | 3% |
| Railcar Lease | $23.0M | 2% |
| Service Other | $5.0M | 0% |
