vs
Artisan Partners Asset Management Inc.（APAM）与Essex Property Trust（ESS）财务数据对比。点击上方公司名可切换其他公司
Essex Property Trust的季度营收约是Artisan Partners Asset Management Inc.的1.4倍（$479.6M vs $335.5M），Artisan Partners Asset Management Inc.净利率更高（35.2% vs 17.9%，领先17.3%），Artisan Partners Asset Management Inc.同比增速更快（12.9% vs 5.5%），过去两年Artisan Partners Asset Management Inc.的营收复合增速更高（12.7% vs 6.0%）
阿蒂森伙伴资产管理公司（Artisan Partners）是总部位于美国威斯康星州密尔沃基的资产管理机构，除美国本土外，还在都柏林、香港、伦敦、新加坡、悉尼设有办公室，为全球客户提供专业的资产管理服务。
Essex Property Trust是一家公开上市的房地产投资信托企业，重点布局美国西海岸优质不动产市场，核心投资标的为加利福尼亚州及西雅图大都会区的公寓类物业，在长租公寓的投资、运营及管理领域拥有深厚的行业积累与资源优势。
APAM vs ESS — 直观对比
营收规模更大
ESS
是对方的1.4倍
$335.5M
营收增速更快
APAM
高出7.4%
5.5%
净利率更高
APAM
高出17.3%
17.9%
两年增速更快
APAM
近两年复合增速
6.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $335.5M | $479.6M |
| 净利润 | $118.1M | $85.7M |
| 毛利率 | — | 70.0% |
| 营业利润率 | 39.2% | 31.7% |
| 净利率 | 35.2% | 17.9% |
| 营收同比 | 12.9% | 5.5% |
| 净利润同比 | 34.9% | -71.6% |
| 每股收益（稀释后） | $1.36 | $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APAMESS
| Q4 25 | $335.5M | $479.6M | ||
| Q3 25 | $301.3M | $473.3M | ||
| Q2 25 | $282.7M | $469.8M | ||
| Q1 25 | $277.1M | $464.6M | ||
| Q4 24 | $297.1M | $454.5M | ||
| Q3 24 | $279.6M | $450.7M | ||
| Q2 24 | $270.8M | $442.4M | ||
| Q1 24 | $264.4M | $426.9M |
净利润APAMESS
| Q4 25 | $118.1M | $85.7M | ||
| Q3 25 | $66.8M | $172.7M | ||
| Q2 25 | $67.6M | $231.5M | ||
| Q1 25 | $61.1M | $212.8M | ||
| Q4 24 | $87.5M | $301.7M | ||
| Q3 24 | $73.0M | $125.5M | ||
| Q2 24 | $57.6M | $99.0M | ||
| Q1 24 | $59.5M | $285.1M |
毛利率APAMESS
| Q4 25 | — | 70.0% | ||
| Q3 25 | — | 69.2% | ||
| Q2 25 | — | 70.7% | ||
| Q1 25 | — | 69.6% | ||
| Q4 24 | — | 70.0% | ||
| Q3 24 | — | 69.5% | ||
| Q2 24 | — | 70.8% | ||
| Q1 24 | — | 69.7% |
营业利润率APAMESS
| Q4 25 | 39.2% | 31.7% | ||
| Q3 25 | 33.8% | 44.5% | ||
| Q2 25 | 28.2% | 59.5% | ||
| Q1 25 | 31.2% | 55.3% | ||
| Q4 24 | 36.7% | 67.0% | ||
| Q3 24 | 33.3% | 28.6% | ||
| Q2 24 | 32.0% | 31.1% | ||
| Q1 24 | 29.4% | 31.0% |
净利率APAMESS
| Q4 25 | 35.2% | 17.9% | ||
| Q3 25 | 22.2% | 36.5% | ||
| Q2 25 | 23.9% | 49.3% | ||
| Q1 25 | 22.1% | 45.8% | ||
| Q4 24 | 29.5% | 66.4% | ||
| Q3 24 | 26.1% | 27.8% | ||
| Q2 24 | 21.3% | 22.4% | ||
| Q1 24 | 22.5% | 66.8% |
每股收益（稀释后）APAMESS
| Q4 25 | $1.36 | $1.24 | ||
| Q3 25 | $0.93 | $2.56 | ||
| Q2 25 | $0.94 | $3.44 | ||
| Q1 25 | $0.82 | $3.16 | ||
| Q4 24 | $0.99 | $4.00 | ||
| Q3 24 | $1.03 | $1.84 | ||
| Q2 24 | $0.80 | $1.45 | ||
| Q1 24 | $0.84 | $4.25 |
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 | — | $76.2M |
| 总债务越低越好 | $190.0M | — |
| 股东权益账面价值 | $438.8M | $5.5B |
| 总资产 | $1.6B | $13.2B |
| 负债/权益比越低杠杆越低 | 0.43× | — |
8季度趋势，按日历期对齐
现金及短期投资APAMESS
| Q4 25 | — | $76.2M | ||
| Q3 25 | — | $66.0M | ||
| Q2 25 | — | $58.7M | ||
| Q1 25 | — | $98.7M | ||
| Q4 24 | — | $66.8M | ||
| Q3 24 | — | $71.3M | ||
| Q2 24 | — | $55.2M | ||
| Q1 24 | — | $499.0M |
总债务APAMESS
| Q4 25 | $190.0M | — | ||
| Q3 25 | $190.0M | $6.4B | ||
| Q2 25 | $200.0M | $6.4B | ||
| Q1 25 | $200.0M | $6.8B | ||
| Q4 24 | $200.0M | — | ||
| Q3 24 | $200.0M | $6.4B | ||
| Q2 24 | $200.0M | $6.2B | ||
| Q1 24 | $200.0M | $6.6B |
股东权益APAMESS
| Q4 25 | $438.8M | $5.5B | ||
| Q3 25 | $402.1M | $5.6B | ||
| Q2 25 | $381.8M | $5.6B | ||
| Q1 25 | $356.5M | $5.6B | ||
| Q4 24 | $388.9M | $5.5B | ||
| Q3 24 | $372.1M | $5.4B | ||
| Q2 24 | $341.2M | $5.5B | ||
| Q1 24 | $320.3M | $5.5B |
总资产APAMESS
| Q4 25 | $1.6B | $13.2B | ||
| Q3 25 | $1.6B | $13.2B | ||
| Q2 25 | $1.4B | $13.2B | ||
| Q1 25 | $1.4B | $13.2B | ||
| Q4 24 | $1.6B | $12.9B | ||
| Q3 24 | $1.6B | $12.6B | ||
| Q2 24 | $1.5B | $12.5B | ||
| Q1 24 | $1.5B | $12.9B |
负债/权益比APAMESS
| Q4 25 | 0.43× | — | ||
| Q3 25 | 0.47× | 1.15× | ||
| Q2 25 | 0.52× | 1.14× | ||
| Q1 25 | 0.56× | 1.22× | ||
| Q4 24 | 0.51× | — | ||
| Q3 24 | 0.54× | 1.18× | ||
| Q2 24 | 0.59× | 1.13× | ||
| Q1 24 | 0.62× | 1.19× |
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 | $172.0M | $1.1B |
| 自由现金流经营现金流 - 资本支出 | $171.6M | — |
| 自由现金流率自由现金流/营收 | 51.2% | — |
| 资本支出强度资本支出/营收 | 0.1% | — |
| 现金转化率经营现金流/净利润 | 1.46× | 12.53× |
| 过去12个月自由现金流最近4个季度 | $420.6M | — |
8季度趋势，按日历期对齐
经营现金流APAMESS
| Q4 25 | $172.0M | $1.1B | ||
| Q3 25 | $40.4M | $342.6M | ||
| Q2 25 | $50.9M | $216.1M | ||
| Q1 25 | $157.9M | $281.5M | ||
| Q4 24 | $372.8M | $1.1B | ||
| Q3 24 | $112.8M | $316.2M | ||
| Q2 24 | $75.9M | $218.9M | ||
| Q1 24 | $147.0M | $314.9M |
自由现金流APAMESS
| Q4 25 | $171.6M | — | ||
| Q3 25 | $40.4M | — | ||
| Q2 25 | $50.9M | — | ||
| Q1 25 | $157.7M | — | ||
| Q4 24 | $371.3M | — | ||
| Q3 24 | $112.4M | — | ||
| Q2 24 | $75.2M | — | ||
| Q1 24 | $146.9M | — |
自由现金流率APAMESS
| Q4 25 | 51.2% | — | ||
| Q3 25 | 13.4% | — | ||
| Q2 25 | 18.0% | — | ||
| Q1 25 | 56.9% | — | ||
| Q4 24 | 125.0% | — | ||
| Q3 24 | 40.2% | — | ||
| Q2 24 | 27.8% | — | ||
| Q1 24 | 55.6% | — |
资本支出强度APAMESS
| Q4 25 | 0.1% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 0.2% | — | ||
| Q1 24 | 0.0% | — |
现金转化率APAMESS
| Q4 25 | 1.46× | 12.53× | ||
| Q3 25 | 0.60× | 1.98× | ||
| Q2 25 | 0.75× | 0.93× | ||
| Q1 25 | 2.58× | 1.32× | ||
| Q4 24 | 4.26× | 3.54× | ||
| Q3 24 | 1.54× | 2.52× | ||
| Q2 24 | 1.32× | 2.21× | ||
| Q1 24 | 2.47× | 1.10× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
