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American Homes 4 Rent（AMH）与MODIV INDUSTRIAL, INC.（MDV）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MODIV INDUSTRIAL, INC.的41.1倍（$455.0M vs $11.1M）。American Homes 4 Rent净利率更高（31.7% vs 11.0%，领先20.8%）。American Homes 4 Rent同比增速更快（4.2% vs -5.6%）。过去两年American Homes 4 Rent的营收复合增速更高（3.6% vs -3.8%）
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。
MODIV INDUSTRIAL, INC.是一家总部位于美国的工业地产企业，主要收购、持有并运营北美核心物流集散枢纽的优质工业物业，服务电商履约、制造、第三方物流等领域的租户，满足现代供应链基础设施的增长需求。
AMH vs MDV — 直观对比
营收规模更大
AMH
是对方的41.1倍
$11.1M
营收增速更快
AMH
高出9.8%
-5.6%
净利率更高
AMH
高出20.8%
11.0%
两年增速更快
AMH
近两年复合增速
-3.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $455.0M | $11.1M |
| 净利润 | $144.3M | $1.2M |
| 毛利率 | — | — |
| 营业利润率 | — | 45.8% |
| 净利率 | 31.7% | 11.0% |
| 营收同比 | 4.2% | -5.6% |
| 净利润同比 | 0.3% | -22.0% |
| 每股收益（稀释后） | $0.33 | $0.02 |
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AMHMDV
| Q4 25 | $455.0M | $11.1M | ||
| Q3 25 | $478.5M | $11.7M | ||
| Q2 25 | $457.5M | $11.8M | ||
| Q1 25 | $459.3M | $11.8M | ||
| Q4 24 | $436.6M | $11.7M | ||
| Q3 24 | $445.1M | $11.7M | ||
| Q2 24 | $423.5M | $11.4M | ||
| Q1 24 | $423.6M | $12.0M |
净利润AMHMDV
| Q4 25 | $144.3M | $1.2M | ||
| Q3 25 | $116.8M | $1.0M | ||
| Q2 25 | $123.6M | $-2.0M | ||
| Q1 25 | $128.7M | $829.0K | ||
| Q4 24 | $143.9M | $1.6M | ||
| Q3 24 | $87.6M | $-587.0K | ||
| Q2 24 | $108.5M | $1.3M | ||
| Q1 24 | $128.1M | $3.7M |
营业利润率AMHMDV
| Q4 25 | — | 45.8% | ||
| Q3 25 | — | 41.4% | ||
| Q2 25 | — | 9.8% | ||
| Q1 25 | — | 40.2% | ||
| Q4 24 | — | 45.4% | ||
| Q3 24 | — | 42.0% | ||
| Q2 24 | — | 44.6% | ||
| Q1 24 | — | 55.6% |
净利率AMHMDV
| Q4 25 | 31.7% | 11.0% | ||
| Q3 25 | 24.4% | 9.0% | ||
| Q2 25 | 27.0% | -17.1% | ||
| Q1 25 | 28.0% | 7.0% | ||
| Q4 24 | 33.0% | 13.3% | ||
| Q3 24 | 19.7% | -5.0% | ||
| Q2 24 | 25.6% | 11.6% | ||
| Q1 24 | 30.2% | 31.1% |
每股收益（稀释后）AMHMDV
| Q4 25 | $0.33 | $0.02 | ||
| Q3 25 | $0.27 | $0.00 | ||
| Q2 25 | $0.28 | $-0.32 | ||
| Q1 25 | $0.30 | $-0.01 | ||
| Q4 24 | $0.33 | $0.07 | ||
| Q3 24 | $0.20 | $-0.18 | ||
| Q2 24 | $0.25 | $0.03 | ||
| Q1 24 | $0.30 | $0.33 |
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 | $14.4M |
| 总债务越低越好 | $5.1B | $261.5M |
| 股东权益账面价值 | $7.0B | $162.7M |
| 总资产 | $13.2B | $476.5M |
| 负债/权益比越低杠杆越低 | 0.72× | 1.61× |
8季度趋势，按日历期对齐
现金及短期投资AMHMDV
| Q4 25 | $108.5M | $14.4M | ||
| Q3 25 | $45.6M | $8.3M | ||
| Q2 25 | $323.3M | $5.8M | ||
| Q1 25 | $69.7M | $6.2M | ||
| Q4 24 | $199.4M | $11.5M | ||
| Q3 24 | $162.5M | $6.8M | ||
| Q2 24 | $718.4M | $18.9M | ||
| Q1 24 | $124.8M | $18.4M |
总债务AMHMDV
| Q4 25 | $5.1B | $261.5M | ||
| Q3 25 | $4.8B | $279.7M | ||
| Q2 25 | $5.2B | $279.7M | ||
| Q1 25 | $4.9B | $279.7M | ||
| Q4 24 | $5.0B | $279.8M | ||
| Q3 24 | $4.5B | $279.7M | ||
| Q2 24 | $5.0B | $279.7M | ||
| Q1 24 | $4.5B | $279.6M |
股东权益AMHMDV
| Q4 25 | $7.0B | $162.7M | ||
| Q3 25 | $7.2B | $164.8M | ||
| Q2 25 | $7.2B | $165.6M | ||
| Q1 25 | $7.2B | $171.1M | ||
| Q4 24 | $7.2B | $190.1M | ||
| Q3 24 | $7.0B | $186.3M | ||
| Q2 24 | $7.0B | $187.0M | ||
| Q1 24 | $7.0B | $188.0M |
总资产AMHMDV
| Q4 25 | $13.2B | $476.5M | ||
| Q3 25 | $13.3B | $499.6M | ||
| Q2 25 | $13.6B | $498.9M | ||
| Q1 25 | $13.3B | $506.8M | ||
| Q4 24 | $13.4B | $507.8M | ||
| Q3 24 | $12.8B | $507.4M | ||
| Q2 24 | $13.3B | $519.5M | ||
| Q1 24 | $12.8B | $522.5M |
负债/权益比AMHMDV
| Q4 25 | 0.72× | 1.61× | ||
| Q3 25 | 0.68× | 1.70× | ||
| Q2 25 | 0.72× | 1.69× | ||
| Q1 25 | 0.69× | 1.63× | ||
| Q4 24 | 0.70× | 1.47× | ||
| Q3 24 | 0.64× | 1.50× | ||
| Q2 24 | 0.71× | 1.50× | ||
| Q1 24 | 0.64× | 1.49× |
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 | $145.8M | $3.8M |
| 自由现金流经营现金流 - 资本支出 | $135.5M | — |
| 自由现金流率自由现金流/营收 | 29.8% | — |
| 资本支出强度资本支出/营收 | 2.3% | — |
| 现金转化率经营现金流/净利润 | 1.01× | 3.17× |
| 过去12个月自由现金流最近4个季度 | $823.7M | — |
8季度趋势，按日历期对齐
经营现金流AMHMDV
| Q4 25 | $145.8M | $3.8M | ||
| Q3 25 | $223.3M | $4.1M | ||
| Q2 25 | $271.9M | $3.9M | ||
| Q1 25 | $223.4M | $3.0M | ||
| Q4 24 | $102.2M | $5.4M | ||
| Q3 24 | $233.6M | $5.1M | ||
| Q2 24 | $274.0M | $4.7M | ||
| Q1 24 | $201.8M | $3.0M |
自由现金流AMHMDV
| Q4 25 | $135.5M | — | ||
| Q3 25 | $214.5M | — | ||
| Q2 25 | $257.7M | — | ||
| Q1 25 | $215.9M | — | ||
| Q4 24 | $97.9M | — | ||
| Q3 24 | $225.3M | — | ||
| Q2 24 | $263.3M | — | ||
| Q1 24 | $191.0M | — |
自由现金流率AMHMDV
| Q4 25 | 29.8% | — | ||
| Q3 25 | 44.8% | — | ||
| Q2 25 | 56.3% | — | ||
| Q1 25 | 47.0% | — | ||
| Q4 24 | 22.4% | — | ||
| Q3 24 | 50.6% | — | ||
| Q2 24 | 62.2% | — | ||
| Q1 24 | 45.1% | — |
资本支出强度AMHMDV
| Q4 25 | 2.3% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 3.1% | — | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | 1.0% | — | ||
| Q3 24 | 1.9% | — | ||
| Q2 24 | 2.5% | — | ||
| Q1 24 | 2.6% | — |
现金转化率AMHMDV
| Q4 25 | 1.01× | 3.17× | ||
| Q3 25 | 1.91× | 3.95× | ||
| Q2 25 | 2.20× | — | ||
| Q1 25 | 1.74× | 3.68× | ||
| Q4 24 | 0.71× | 3.47× | ||
| Q3 24 | 2.67× | — | ||
| Q2 24 | 2.52× | 3.55× | ||
| Q1 24 | 1.58× | 0.80× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
