vs
American Homes 4 Rent（AMH）与美森（MATX）财务数据对比。点击上方公司名可切换其他公司
美森的季度营收约是American Homes 4 Rent的1.9倍（$851.9M vs $455.0M），American Homes 4 Rent净利率更高（31.7% vs 16.8%，领先14.9%），American Homes 4 Rent同比增速更快（4.2% vs -4.3%），American Homes 4 Rent自由现金流更多（$823.7M vs $42.2M），过去两年美森的营收复合增速更高（8.6% 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。
美森公司（Matson, Inc.）是美国知名航运服务企业，总部位于夏威夷州火奴鲁鲁，成立于1882年。旗下子公司美森航运主营跨太平洋海运业务，服务覆盖夏威夷、阿拉斯加、关岛、密克罗尼西亚、太平洋诸岛、中国及日本等地区。
AMH vs MATX — 直观对比
营收规模更大
MATX
是对方的1.9倍
$455.0M
营收增速更快
AMH
高出8.5%
-4.3%
净利率更高
AMH
高出14.9%
16.8%
自由现金流更多
AMH
多$781.5M
$42.2M
两年增速更快
MATX
近两年复合增速
3.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $455.0M | $851.9M |
| 净利润 | $144.3M | $143.1M |
| 毛利率 | — | — |
| 营业利润率 | — | 16.9% |
| 净利率 | 31.7% | 16.8% |
| 营收同比 | 4.2% | -4.3% |
| 净利润同比 | 0.3% | 11.8% |
| 每股收益（稀释后） | $0.33 | $4.47 |
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AMHMATX
| Q4 25 | $455.0M | $851.9M | ||
| Q3 25 | $478.5M | $880.1M | ||
| Q2 25 | $457.5M | $830.5M | ||
| Q1 25 | $459.3M | $782.0M | ||
| Q4 24 | $436.6M | $890.3M | ||
| Q3 24 | $445.1M | $962.0M | ||
| Q2 24 | $423.5M | $847.4M | ||
| Q1 24 | $423.6M | $722.1M |
净利润AMHMATX
| Q4 25 | $144.3M | $143.1M | ||
| Q3 25 | $116.8M | $134.7M | ||
| Q2 25 | $123.6M | $94.7M | ||
| Q1 25 | $128.7M | $72.3M | ||
| Q4 24 | $143.9M | $128.0M | ||
| Q3 24 | $87.6M | $199.1M | ||
| Q2 24 | $108.5M | $113.2M | ||
| Q1 24 | $128.1M | $36.1M |
营业利润率AMHMATX
| Q4 25 | — | 16.9% | ||
| Q3 25 | — | 18.3% | ||
| Q2 25 | — | 13.6% | ||
| Q1 25 | — | 10.5% | ||
| Q4 24 | — | 16.6% | ||
| Q3 24 | — | 25.2% | ||
| Q2 24 | — | 14.7% | ||
| Q1 24 | — | 5.1% |
净利率AMHMATX
| Q4 25 | 31.7% | 16.8% | ||
| Q3 25 | 24.4% | 15.3% | ||
| Q2 25 | 27.0% | 11.4% | ||
| Q1 25 | 28.0% | 9.2% | ||
| Q4 24 | 33.0% | 14.4% | ||
| Q3 24 | 19.7% | 20.7% | ||
| Q2 24 | 25.6% | 13.4% | ||
| Q1 24 | 30.2% | 5.0% |
每股收益（稀释后）AMHMATX
| Q4 25 | $0.33 | $4.47 | ||
| Q3 25 | $0.27 | $4.24 | ||
| Q2 25 | $0.28 | $2.92 | ||
| Q1 25 | $0.30 | $2.18 | ||
| Q4 24 | $0.33 | $3.69 | ||
| Q3 24 | $0.20 | $5.89 | ||
| Q2 24 | $0.25 | $3.31 | ||
| Q1 24 | $0.30 | $1.04 |
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 | $141.9M |
| 总债务越低越好 | $5.1B | $361.2M |
| 股东权益账面价值 | $7.0B | $2.8B |
| 总资产 | $13.2B | $4.6B |
| 负债/权益比越低杠杆越低 | 0.72× | 0.13× |
8季度趋势，按日历期对齐
现金及短期投资AMHMATX
| Q4 25 | $108.5M | $141.9M | ||
| Q3 25 | $45.6M | $92.7M | ||
| Q2 25 | $323.3M | $59.1M | ||
| Q1 25 | $69.7M | $122.0M | ||
| Q4 24 | $199.4M | $266.8M | ||
| Q3 24 | $162.5M | $270.3M | ||
| Q2 24 | $718.4M | $168.2M | ||
| Q1 24 | $124.8M | $25.9M |
总债务AMHMATX
| Q4 25 | $5.1B | $361.2M | ||
| Q3 25 | $4.8B | $370.9M | ||
| Q2 25 | $5.2B | $341.3M | ||
| Q1 25 | $4.9B | $351.1M | ||
| Q4 24 | $5.0B | $361.2M | ||
| Q3 24 | $4.5B | $370.9M | ||
| Q2 24 | $5.0B | $381.0M | ||
| Q1 24 | $4.5B | $390.8M |
股东权益AMHMATX
| Q4 25 | $7.0B | $2.8B | ||
| Q3 25 | $7.2B | $2.7B | ||
| Q2 25 | $7.2B | $2.6B | ||
| Q1 25 | $7.2B | $2.6B | ||
| Q4 24 | $7.2B | $2.7B | ||
| Q3 24 | $7.0B | $2.6B | ||
| Q2 24 | $7.0B | $2.4B | ||
| Q1 24 | $7.0B | $2.4B |
总资产AMHMATX
| Q4 25 | $13.2B | $4.6B | ||
| Q3 25 | $13.3B | $4.6B | ||
| Q2 25 | $13.6B | $4.5B | ||
| Q1 25 | $13.3B | $4.5B | ||
| Q4 24 | $13.4B | $4.6B | ||
| Q3 24 | $12.8B | $4.4B | ||
| Q2 24 | $13.3B | $4.3B | ||
| Q1 24 | $12.8B | $4.2B |
负债/权益比AMHMATX
| Q4 25 | 0.72× | 0.13× | ||
| Q3 25 | 0.68× | 0.14× | ||
| Q2 25 | 0.72× | 0.13× | ||
| Q1 25 | 0.69× | 0.13× | ||
| Q4 24 | 0.70× | 0.14× | ||
| Q3 24 | 0.64× | 0.15× | ||
| Q2 24 | 0.71× | 0.16× | ||
| Q1 24 | 0.64× | 0.16× |
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 | $176.9M |
| 自由现金流经营现金流 - 资本支出 | $823.7M | $42.2M |
| 自由现金流率自由现金流/营收 | 181.0% | 5.0% |
| 资本支出强度资本支出/营收 | 8.9% | 15.8% |
| 现金转化率经营现金流/净利润 | 5.99× | 1.24× |
| 过去12个月自由现金流最近4个季度 | $1.5B | $153.7M |
8季度趋势，按日历期对齐
经营现金流AMHMATX
| Q4 25 | $864.3M | $176.9M | ||
| Q3 25 | $223.3M | $175.6M | ||
| Q2 25 | $271.9M | $105.6M | ||
| Q1 25 | $223.4M | $89.0M | ||
| Q4 24 | $811.5M | $174.7M | ||
| Q3 24 | $233.6M | $248.6M | ||
| Q2 24 | $274.0M | $307.9M | ||
| Q1 24 | $201.8M | $36.6M |
自由现金流AMHMATX
| Q4 25 | $823.7M | $42.2M | ||
| Q3 25 | $214.5M | $92.4M | ||
| Q2 25 | $257.7M | $19.3M | ||
| Q1 25 | $215.9M | $-200.0K | ||
| Q4 24 | $777.5M | $49.3M | ||
| Q3 24 | $225.3M | $189.0M | ||
| Q2 24 | $263.3M | $238.1M | ||
| Q1 24 | $191.0M | $-18.7M |
自由现金流率AMHMATX
| Q4 25 | 181.0% | 5.0% | ||
| Q3 25 | 44.8% | 10.5% | ||
| Q2 25 | 56.3% | 2.3% | ||
| Q1 25 | 47.0% | -0.0% | ||
| Q4 24 | 178.1% | 5.5% | ||
| Q3 24 | 50.6% | 19.6% | ||
| Q2 24 | 62.2% | 28.1% | ||
| Q1 24 | 45.1% | -2.6% |
资本支出强度AMHMATX
| Q4 25 | 8.9% | 15.8% | ||
| Q3 25 | 1.8% | 9.5% | ||
| Q2 25 | 3.1% | 10.4% | ||
| Q1 25 | 1.6% | 11.4% | ||
| Q4 24 | 7.8% | 14.1% | ||
| Q3 24 | 1.9% | 6.2% | ||
| Q2 24 | 2.5% | 8.2% | ||
| Q1 24 | 2.6% | 7.7% |
现金转化率AMHMATX
| Q4 25 | 5.99× | 1.24× | ||
| Q3 25 | 1.91× | 1.30× | ||
| Q2 25 | 2.20× | 1.12× | ||
| Q1 25 | 1.74× | 1.23× | ||
| Q4 24 | 5.64× | 1.36× | ||
| Q3 24 | 2.67× | 1.25× | ||
| Q2 24 | 2.52× | 2.72× | ||
| Q1 24 | 1.58× | 1.01× |
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
MATX
| Ocean Transportation Segment | $704.2M | 83% |
| Logistics Services Segment | $147.7M | 17% |
