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American Homes 4 Rent（AMH）与UiPath, Inc.（PATH）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UiPath, Inc.的1.1倍（$455.0M vs $411.1M），UiPath, Inc.净利率更高（48.4% vs 31.7%，领先16.7%），UiPath, Inc.同比增速更快（15.9% vs 4.2%），American Homes 4 Rent自由现金流更多（$823.7M vs $25.1M），过去两年American Homes 4 Rent的营收复合增速更高（3.6% vs 0.7%）
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。
UiPath是一家全球化软件企业，专注于开发人工智能、智能自动化及流程编排类软件，其产品支持用户搭建与调度AI代理，实现复杂业务流程、工作流的自动化运行，助力各行业客户提升运营效率、降低人力成本。
AMH vs PATH — 直观对比
营收规模更大
AMH
是对方的1.1倍
$411.1M
营收增速更快
PATH
高出11.7%
4.2%
净利率更高
PATH
高出16.7%
31.7%
自由现金流更多
AMH
多$798.6M
$25.1M
两年增速更快
AMH
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $455.0M | $411.1M |
| 净利润 | $144.3M | $198.8M |
| 毛利率 | — | 83.3% |
| 营业利润率 | — | 3.2% |
| 净利率 | 31.7% | 48.4% |
| 营收同比 | 4.2% | 15.9% |
| 净利润同比 | 0.3% | 1966.2% |
| 每股收益（稀释后） | $0.33 | $0.37 |
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AMHPATH
| Q4 25 | $455.0M | $411.1M | ||
| Q3 25 | $478.5M | $361.7M | ||
| Q2 25 | $457.5M | $356.6M | ||
| Q1 25 | $459.3M | $423.6M | ||
| Q4 24 | $436.6M | $354.7M | ||
| Q3 24 | $445.1M | $316.3M | ||
| Q2 24 | $423.5M | $335.1M | ||
| Q1 24 | $423.6M | $405.3M |
净利润AMHPATH
| Q4 25 | $144.3M | $198.8M | ||
| Q3 25 | $116.8M | $1.6M | ||
| Q2 25 | $123.6M | $-22.6M | ||
| Q1 25 | $128.7M | $51.8M | ||
| Q4 24 | $143.9M | $-10.7M | ||
| Q3 24 | $87.6M | $-86.1M | ||
| Q2 24 | $108.5M | $-28.7M | ||
| Q1 24 | $128.1M | $33.9M |
毛利率AMHPATH
| Q4 25 | — | 83.3% | ||
| Q3 25 | — | 82.2% | ||
| Q2 25 | — | 82.1% | ||
| Q1 25 | — | 84.8% | ||
| Q4 24 | — | 82.0% | ||
| Q3 24 | — | 80.0% | ||
| Q2 24 | — | 83.5% | ||
| Q1 24 | — | 86.8% |
营业利润率AMHPATH
| Q4 25 | — | 3.2% | ||
| Q3 25 | — | -5.6% | ||
| Q2 25 | — | -4.6% | ||
| Q1 25 | — | 7.9% | ||
| Q4 24 | — | -12.2% | ||
| Q3 24 | — | -32.7% | ||
| Q2 24 | — | -14.8% | ||
| Q1 24 | — | 3.7% |
净利率AMHPATH
| Q4 25 | 31.7% | 48.4% | ||
| Q3 25 | 24.4% | 0.4% | ||
| Q2 25 | 27.0% | -6.3% | ||
| Q1 25 | 28.0% | 12.2% | ||
| Q4 24 | 33.0% | -3.0% | ||
| Q3 24 | 19.7% | -27.2% | ||
| Q2 24 | 25.6% | -8.6% | ||
| Q1 24 | 30.2% | 8.4% |
每股收益（稀释后）AMHPATH
| Q4 25 | $0.33 | $0.37 | ||
| Q3 25 | $0.27 | $0.00 | ||
| Q2 25 | $0.28 | $-0.04 | ||
| Q1 25 | $0.30 | $0.09 | ||
| Q4 24 | $0.33 | $-0.02 | ||
| Q3 24 | $0.20 | $-0.15 | ||
| Q2 24 | $0.25 | $-0.05 | ||
| Q1 24 | $0.30 | $0.07 |
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 | $1.4B |
| 总债务越低越好 | $5.1B | — |
| 股东权益账面价值 | $7.0B | $1.9B |
| 总资产 | $13.2B | $2.9B |
| 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AMHPATH
| Q4 25 | $108.5M | $1.4B | ||
| Q3 25 | $45.6M | $1.4B | ||
| Q2 25 | $323.3M | $1.6B | ||
| Q1 25 | $69.7M | $1.6B | ||
| Q4 24 | $199.4M | $1.6B | ||
| Q3 24 | $162.5M | $1.7B | ||
| Q2 24 | $718.4M | $1.9B | ||
| Q1 24 | $124.8M | $1.9B |
总债务AMHPATH
| 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AMHPATH
| Q4 25 | $7.0B | $1.9B | ||
| Q3 25 | $7.2B | $1.7B | ||
| Q2 25 | $7.2B | $1.7B | ||
| Q1 25 | $7.2B | $1.8B | ||
| Q4 24 | $7.2B | $1.7B | ||
| Q3 24 | $7.0B | $1.8B | ||
| Q2 24 | $7.0B | $2.0B | ||
| Q1 24 | $7.0B | $2.0B |
总资产AMHPATH
| Q4 25 | $13.2B | $2.9B | ||
| Q3 25 | $13.3B | $2.6B | ||
| Q2 25 | $13.6B | $2.6B | ||
| Q1 25 | $13.3B | $2.9B | ||
| Q4 24 | $13.4B | $2.7B | ||
| Q3 24 | $12.8B | $2.7B | ||
| Q2 24 | $13.3B | $2.8B | ||
| Q1 24 | $12.8B | $3.0B |
负债/权益比AMHPATH
| 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 | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $823.7M | $25.1M |
| 自由现金流率自由现金流/营收 | 181.0% | 6.1% |
| 资本支出强度资本支出/营收 | 8.9% | 0.8% |
| 现金转化率经营现金流/净利润 | 5.99× | 0.14× |
| 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AMHPATH
| Q4 25 | $864.3M | $28.3M | ||
| Q3 25 | $223.3M | $41.6M | ||
| Q2 25 | $271.9M | $119.0M | ||
| Q1 25 | $223.4M | $146.1M | ||
| Q4 24 | $811.5M | $28.1M | ||
| Q3 24 | $233.6M | $46.4M | ||
| Q2 24 | $274.0M | $100.0M | ||
| Q1 24 | $201.8M | $145.6M |
自由现金流AMHPATH
| Q4 25 | $823.7M | $25.1M | ||
| Q3 25 | $214.5M | — | ||
| Q2 25 | $257.7M | $106.2M | ||
| Q1 25 | $215.9M | $138.7M | ||
| Q4 24 | $777.5M | $23.2M | ||
| Q3 24 | $225.3M | $45.0M | ||
| Q2 24 | $263.3M | $98.8M | ||
| Q1 24 | $191.0M | $141.8M |
自由现金流率AMHPATH
| Q4 25 | 181.0% | 6.1% | ||
| Q3 25 | 44.8% | — | ||
| Q2 25 | 56.3% | 29.8% | ||
| Q1 25 | 47.0% | 32.7% | ||
| Q4 24 | 178.1% | 6.5% | ||
| Q3 24 | 50.6% | 14.2% | ||
| Q2 24 | 62.2% | 29.5% | ||
| Q1 24 | 45.1% | 35.0% |
资本支出强度AMHPATH
| Q4 25 | 8.9% | 0.8% | ||
| Q3 25 | 1.8% | 0.0% | ||
| Q2 25 | 3.1% | 3.6% | ||
| Q1 25 | 1.6% | 1.7% | ||
| Q4 24 | 7.8% | 1.4% | ||
| Q3 24 | 1.9% | 0.4% | ||
| Q2 24 | 2.5% | 0.4% | ||
| Q1 24 | 2.6% | 0.9% |
现金转化率AMHPATH
| Q4 25 | 5.99× | 0.14× | ||
| Q3 25 | 1.91× | 26.25× | ||
| Q2 25 | 2.20× | — | ||
| Q1 25 | 1.74× | 2.82× | ||
| Q4 24 | 5.64× | — | ||
| Q3 24 | 2.67× | — | ||
| Q2 24 | 2.52× | — | ||
| Q1 24 | 1.58× | 4.29× |
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
PATH
| Subscription Services | $247.6M | 60% |
| License | $150.0M | 36% |
| Professional Services And Other | $13.5M | 3% |
