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American Homes 4 Rent（AMH）与Reddit, Inc.（RDDT）财务数据对比。点击上方公司名可切换其他公司
Reddit, Inc.的季度营收约是American Homes 4 Rent的1.6倍（$725.6M vs $455.0M），Reddit, Inc.净利率更高（34.7% vs 31.7%，领先3.0%），Reddit, Inc.同比增速更快（69.7% vs 4.2%），American Homes 4 Rent自由现金流更多（$823.7M vs $263.6M），过去两年Reddit, Inc.的营收复合增速更高（72.8% 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。
Reddit是美国知名的社交新闻聚合与论坛类社交媒体平台，注册用户可发布链接、文字帖、图片、视频等各类内容，其他用户可对内容进行点赞或点踩，内容按主题归类到用户创建的子板块中，获赞更高的内容会排在板块前列，热度足够的内容还将展示在全站首页。
AMH vs RDDT — 直观对比
营收规模更大
RDDT
是对方的1.6倍
$455.0M
营收增速更快
RDDT
高出65.4%
4.2%
净利率更高
RDDT
高出3.0%
31.7%
自由现金流更多
AMH
多$560.0M
$263.6M
两年增速更快
RDDT
近两年复合增速
3.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $455.0M | $725.6M |
| 净利润 | $144.3M | $251.6M |
| 毛利率 | — | 91.9% |
| 营业利润率 | — | 31.9% |
| 净利率 | 31.7% | 34.7% |
| 营收同比 | 4.2% | 69.7% |
| 净利润同比 | 0.3% | 254.2% |
| 每股收益（稀释后） | $0.33 | $1.24 |
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AMHRDDT
| Q4 25 | $455.0M | $725.6M | ||
| Q3 25 | $478.5M | $584.9M | ||
| Q2 25 | $457.5M | $499.6M | ||
| Q1 25 | $459.3M | $392.4M | ||
| Q4 24 | $436.6M | $427.7M | ||
| Q3 24 | $445.1M | $348.4M | ||
| Q2 24 | $423.5M | $281.2M | ||
| Q1 24 | $423.6M | $243.0M |
净利润AMHRDDT
| Q4 25 | $144.3M | $251.6M | ||
| Q3 25 | $116.8M | $162.7M | ||
| Q2 25 | $123.6M | $89.3M | ||
| Q1 25 | $128.7M | $26.2M | ||
| Q4 24 | $143.9M | $71.0M | ||
| Q3 24 | $87.6M | $29.9M | ||
| Q2 24 | $108.5M | $-10.1M | ||
| Q1 24 | $128.1M | $-575.1M |
毛利率AMHRDDT
| Q4 25 | — | 91.9% | ||
| Q3 25 | — | 91.0% | ||
| Q2 25 | — | 90.8% | ||
| Q1 25 | — | 90.5% | ||
| Q4 24 | — | 92.6% | ||
| Q3 24 | — | 90.1% | ||
| Q2 24 | — | 89.5% | ||
| Q1 24 | — | 88.6% |
营业利润率AMHRDDT
| Q4 25 | — | 31.9% | ||
| Q3 25 | — | 23.7% | ||
| Q2 25 | — | 13.6% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 12.4% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | -11.0% | ||
| Q1 24 | — | -242.5% |
净利率AMHRDDT
| Q4 25 | 31.7% | 34.7% | ||
| Q3 25 | 24.4% | 27.8% | ||
| Q2 25 | 27.0% | 17.9% | ||
| Q1 25 | 28.0% | 6.7% | ||
| Q4 24 | 33.0% | 16.6% | ||
| Q3 24 | 19.7% | 8.6% | ||
| Q2 24 | 25.6% | -3.6% | ||
| Q1 24 | 30.2% | -236.7% |
每股收益（稀释后）AMHRDDT
| Q4 25 | $0.33 | $1.24 | ||
| Q3 25 | $0.27 | $0.80 | ||
| Q2 25 | $0.28 | $0.45 | ||
| Q1 25 | $0.30 | $0.13 | ||
| Q4 24 | $0.33 | $4.76 | ||
| Q3 24 | $0.20 | $0.16 | ||
| Q2 24 | $0.25 | $-0.06 | ||
| Q1 24 | $0.30 | $-8.19 |
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 | $953.6M |
| 总债务越低越好 | $5.1B | — |
| 股东权益账面价值 | $7.0B | $2.9B |
| 总资产 | $13.2B | $3.2B |
| 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AMHRDDT
| Q4 25 | $108.5M | $953.6M | ||
| Q3 25 | $45.6M | $911.7M | ||
| Q2 25 | $323.3M | $734.1M | ||
| Q1 25 | $69.7M | $635.7M | ||
| Q4 24 | $199.4M | $562.1M | ||
| Q3 24 | $162.5M | $515.9M | ||
| Q2 24 | $718.4M | $468.0M | ||
| Q1 24 | $124.8M | $968.5M |
总债务AMHRDDT
| 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AMHRDDT
| Q4 25 | $7.0B | $2.9B | ||
| Q3 25 | $7.2B | $2.6B | ||
| Q2 25 | $7.2B | $2.4B | ||
| Q1 25 | $7.2B | $2.2B | ||
| Q4 24 | $7.2B | $2.1B | ||
| Q3 24 | $7.0B | $2.0B | ||
| Q2 24 | $7.0B | $1.9B | ||
| Q1 24 | $7.0B | $1.8B |
总资产AMHRDDT
| Q4 25 | $13.2B | $3.2B | ||
| Q3 25 | $13.3B | $2.9B | ||
| Q2 25 | $13.6B | $2.6B | ||
| Q1 25 | $13.3B | $2.4B | ||
| Q4 24 | $13.4B | $2.3B | ||
| Q3 24 | $12.8B | $2.2B | ||
| Q2 24 | $13.3B | $2.1B | ||
| Q1 24 | $12.8B | $2.0B |
负债/权益比AMHRDDT
| 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 | $266.8M |
| 自由现金流经营现金流 - 资本支出 | $823.7M | $263.6M |
| 自由现金流率自由现金流/营收 | 181.0% | 36.3% |
| 资本支出强度资本支出/营收 | 8.9% | 0.4% |
| 现金转化率经营现金流/净利润 | 5.99× | 1.06× |
| 过去12个月自由现金流最近4个季度 | $1.5B | $684.2M |
8季度趋势，按日历期对齐
经营现金流AMHRDDT
| Q4 25 | $864.3M | $266.8M | ||
| Q3 25 | $223.3M | $185.2M | ||
| Q2 25 | $271.9M | $111.3M | ||
| Q1 25 | $223.4M | $127.6M | ||
| Q4 24 | $811.5M | $90.0M | ||
| Q3 24 | $233.6M | $71.6M | ||
| Q2 24 | $274.0M | $28.4M | ||
| Q1 24 | $201.8M | $32.1M |
自由现金流AMHRDDT
| Q4 25 | $823.7M | $263.6M | ||
| Q3 25 | $214.5M | $183.1M | ||
| Q2 25 | $257.7M | $110.8M | ||
| Q1 25 | $215.9M | $126.6M | ||
| Q4 24 | $777.5M | $89.2M | ||
| Q3 24 | $225.3M | $70.3M | ||
| Q2 24 | $263.3M | $27.2M | ||
| Q1 24 | $191.0M | $29.2M |
自由现金流率AMHRDDT
| Q4 25 | 181.0% | 36.3% | ||
| Q3 25 | 44.8% | 31.3% | ||
| Q2 25 | 56.3% | 22.2% | ||
| Q1 25 | 47.0% | 32.3% | ||
| Q4 24 | 178.1% | 20.8% | ||
| Q3 24 | 50.6% | 20.2% | ||
| Q2 24 | 62.2% | 9.7% | ||
| Q1 24 | 45.1% | 12.0% |
资本支出强度AMHRDDT
| Q4 25 | 8.9% | 0.4% | ||
| Q3 25 | 1.8% | 0.4% | ||
| Q2 25 | 3.1% | 0.1% | ||
| Q1 25 | 1.6% | 0.2% | ||
| Q4 24 | 7.8% | 0.2% | ||
| Q3 24 | 1.9% | 0.4% | ||
| Q2 24 | 2.5% | 0.4% | ||
| Q1 24 | 2.6% | 1.2% |
现金转化率AMHRDDT
| Q4 25 | 5.99× | 1.06× | ||
| Q3 25 | 1.91× | 1.14× | ||
| Q2 25 | 2.20× | 1.25× | ||
| Q1 25 | 1.74× | 4.88× | ||
| Q4 24 | 5.64× | 1.27× | ||
| Q3 24 | 2.67× | 2.40× | ||
| 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
RDDT
| Advertising | $689.7M | 95% |
| Other Revenue | $35.9M | 5% |
