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American Homes 4 Rent（AMH）与NexPoint Residential Trust, Inc.（NXRT）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NexPoint Residential Trust, Inc.的7.3倍（$455.0M vs $62.1M），American Homes 4 Rent同比增速更快（4.2% vs -2.7%），过去两年American Homes 4 Rent的营收复合增速更高（3.6% vs -4.1%）
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。
NexPoint Residential Trust是一家公开上市的房地产投资信托，主要收购、翻新并运营美国阳光地带高增长市场的多户住宅物业，旗下资产以经济型和中端公寓社区为主，旨在通过稳定的租金收入增长和长期资产增值为投资者创造回报。
AMH vs NXRT — 直观对比
营收规模更大
AMH
是对方的7.3倍
$62.1M
营收增速更快
AMH
高出6.9%
-2.7%
两年增速更快
AMH
近两年复合增速
-4.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $455.0M | $62.1M |
| 净利润 | $144.3M | — |
| 毛利率 | — | — |
| 营业利润率 | — | 8.4% |
| 净利率 | 31.7% | — |
| 营收同比 | 4.2% | -2.7% |
| 净利润同比 | 0.3% | — |
| 每股收益（稀释后） | $0.33 | — |
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AMHNXRT
| Q4 25 | $455.0M | $62.1M | ||
| Q3 25 | $478.5M | $62.8M | ||
| Q2 25 | $457.5M | $63.1M | ||
| Q1 25 | $459.3M | $63.2M | ||
| Q4 24 | $436.6M | $63.8M | ||
| Q3 24 | $445.1M | $64.1M | ||
| Q2 24 | $423.5M | $64.2M | ||
| Q1 24 | $423.6M | $67.6M |
净利润AMHNXRT
| Q4 25 | $144.3M | — | ||
| Q3 25 | $116.8M | $-7.8M | ||
| Q2 25 | $123.6M | $-7.0M | ||
| Q1 25 | $128.7M | $-6.9M | ||
| Q4 24 | $143.9M | — | ||
| Q3 24 | $87.6M | $-8.9M | ||
| Q2 24 | $108.5M | $10.6M | ||
| Q1 24 | $128.1M | $26.3M |
营业利润率AMHNXRT
| Q4 25 | — | 8.4% | ||
| Q3 25 | — | 11.8% | ||
| Q2 25 | — | 12.5% | ||
| Q1 25 | — | 11.7% | ||
| Q4 24 | — | 18.0% | ||
| Q3 24 | — | 8.7% | ||
| Q2 24 | — | 39.7% | ||
| Q1 24 | — | 60.7% |
净利率AMHNXRT
| Q4 25 | 31.7% | — | ||
| Q3 25 | 24.4% | -12.4% | ||
| Q2 25 | 27.0% | -11.1% | ||
| Q1 25 | 28.0% | -10.9% | ||
| Q4 24 | 33.0% | — | ||
| Q3 24 | 19.7% | -13.8% | ||
| Q2 24 | 25.6% | 16.5% | ||
| Q1 24 | 30.2% | 38.9% |
每股收益（稀释后）AMHNXRT
| Q4 25 | $0.33 | — | ||
| Q3 25 | $0.27 | $-0.31 | ||
| Q2 25 | $0.28 | $-0.28 | ||
| Q1 25 | $0.30 | $-0.27 | ||
| Q4 24 | $0.33 | — | ||
| Q3 24 | $0.20 | $-0.35 | ||
| Q2 24 | $0.25 | $0.40 | ||
| Q1 24 | $0.30 | $1.00 |
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 | $13.7M |
| 总债务越低越好 | $5.1B | $1.6B |
| 股东权益账面价值 | $7.0B | $295.5M |
| 总资产 | $13.2B | $1.9B |
| 负债/权益比越低杠杆越低 | 0.72× | 5.39× |
8季度趋势，按日历期对齐
现金及短期投资AMHNXRT
| Q4 25 | $108.5M | $13.7M | ||
| Q3 25 | $45.6M | $10.8M | ||
| Q2 25 | $323.3M | $13.6M | ||
| Q1 25 | $69.7M | $23.7M | ||
| Q4 24 | $199.4M | $23.1M | ||
| Q3 24 | $162.5M | $17.4M | ||
| Q2 24 | $718.4M | $21.3M | ||
| Q1 24 | $124.8M | $37.2M |
总债务AMHNXRT
| Q4 25 | $5.1B | $1.6B | ||
| 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 | $1.5B |
股东权益AMHNXRT
| Q4 25 | $7.0B | $295.5M | ||
| Q3 25 | $7.2B | $322.9M | ||
| Q2 25 | $7.2B | $347.9M | ||
| Q1 25 | $7.2B | $379.9M | ||
| Q4 24 | $7.2B | $410.4M | ||
| Q3 24 | $7.0B | $447.1M | ||
| Q2 24 | $7.0B | $491.1M | ||
| Q1 24 | $7.0B | $512.8M |
总资产AMHNXRT
| Q4 25 | $13.2B | $1.9B | ||
| Q3 25 | $13.3B | $1.8B | ||
| Q2 25 | $13.6B | $1.9B | ||
| Q1 25 | $13.3B | $1.9B | ||
| Q4 24 | $13.4B | $1.9B | ||
| Q3 24 | $12.8B | $2.0B | ||
| Q2 24 | $13.3B | $2.0B | ||
| Q1 24 | $12.8B | $2.0B |
负债/权益比AMHNXRT
| Q4 25 | 0.72× | 5.39× | ||
| 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× | 2.92× |
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 | $83.6M |
| 自由现金流经营现金流 - 资本支出 | $823.7M | — |
| 自由现金流率自由现金流/营收 | 181.0% | — |
| 资本支出强度资本支出/营收 | 8.9% | — |
| 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AMHNXRT
| Q4 25 | $864.3M | $83.6M | ||
| Q3 25 | $223.3M | $29.3M | ||
| Q2 25 | $271.9M | $19.9M | ||
| Q1 25 | $223.4M | $28.3M | ||
| Q4 24 | $811.5M | $73.6M | ||
| Q3 24 | $233.6M | $27.8M | ||
| Q2 24 | $274.0M | $19.7M | ||
| Q1 24 | $201.8M | $19.7M |
自由现金流AMHNXRT
| Q4 25 | $823.7M | — | ||
| Q3 25 | $214.5M | — | ||
| Q2 25 | $257.7M | — | ||
| Q1 25 | $215.9M | — | ||
| Q4 24 | $777.5M | — | ||
| Q3 24 | $225.3M | — | ||
| Q2 24 | $263.3M | — | ||
| Q1 24 | $191.0M | — |
自由现金流率AMHNXRT
| Q4 25 | 181.0% | — | ||
| Q3 25 | 44.8% | — | ||
| Q2 25 | 56.3% | — | ||
| Q1 25 | 47.0% | — | ||
| Q4 24 | 178.1% | — | ||
| Q3 24 | 50.6% | — | ||
| Q2 24 | 62.2% | — | ||
| Q1 24 | 45.1% | — |
资本支出强度AMHNXRT
| Q4 25 | 8.9% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 3.1% | — | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | 7.8% | — | ||
| Q3 24 | 1.9% | — | ||
| Q2 24 | 2.5% | — | ||
| Q1 24 | 2.6% | — |
现金转化率AMHNXRT
| 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× | 1.86× | ||
| Q1 24 | 1.58× | 0.75× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
