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Alexandria Real Estate Equities（ARE）与AMERICAN REALTY INVESTORS INC（ARL）财务数据对比。点击上方公司名可切换其他公司
Alexandria Real Estate Equities的季度营收约是AMERICAN REALTY INVESTORS INC的58.0倍（$754.4M vs $13.0M）。AMERICAN REALTY INVESTORS INC净利率更高（75.2% vs -143.3%，领先218.5%）。AMERICAN REALTY INVESTORS INC同比增速更快（8.1% vs -4.4%）。过去两年AMERICAN REALTY INVESTORS INC的营收复合增速更高（4.6% vs -1.0%）
Alexandria Real Estate Equities（NYSE:ARE）是标普500成分股中的城市办公类房地产投资信托，作为业内首创、运营经验最丰富的先行企业，专注于在顶级创新集群区域开发、运营生命科学、科技及农业科技协作型产业园区。截至2020年12月末，公司总市值达319亿美元，北美地区资产总面积达4970万平方英尺。
原温加顿地产投资者是一家房地产投资信托公司，主要投资于美国南部的购物中心，且项目大多以杂货店作为主力店。该公司在2021年8月被金考地产收购。
ARE vs ARL — 直观对比
营收规模更大
ARE
是对方的58.0倍
$13.0M
营收增速更快
ARL
高出12.5%
-4.4%
净利率更高
ARL
高出218.5%
-143.3%
两年增速更快
ARL
近两年复合增速
-1.0%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $754.4M | $13.0M |
| 净利润 | $-1.1B | $9.8M |
| 毛利率 | — | — |
| 营业利润率 | — | -23.3% |
| 净利率 | -143.3% | 75.2% |
| 营收同比 | -4.4% | 8.1% |
| 净利润同比 | -1636.5% | 6175.8% |
| 每股收益（稀释后） | $-6.35 | $0.60 |
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AREARL
| Q4 25 | $754.4M | $13.0M | ||
| Q3 25 | $751.9M | $12.8M | ||
| Q2 25 | $762.0M | $12.2M | ||
| Q1 25 | $758.2M | $12.0M | ||
| Q4 24 | $788.9M | $12.0M | ||
| Q3 24 | $791.6M | $11.6M | ||
| Q2 24 | $766.7M | $11.8M | ||
| Q1 24 | $769.1M | $11.9M |
净利润AREARL
| Q4 25 | $-1.1B | $9.8M | ||
| Q3 25 | $-232.8M | $129.0K | ||
| Q2 25 | $-107.0M | $2.8M | ||
| Q1 25 | $-8.9M | $3.0M | ||
| Q4 24 | $-62.2M | $-161.0K | ||
| Q3 24 | $167.9M | $-17.5M | ||
| Q2 24 | $46.7M | $1.2M | ||
| Q1 24 | $170.5M | $1.8M |
营业利润率AREARL
| Q4 25 | — | -23.3% | ||
| Q3 25 | — | -12.3% | ||
| Q2 25 | — | -8.3% | ||
| Q1 25 | — | -6.8% | ||
| Q4 24 | — | -14.8% | ||
| Q3 24 | — | -17.8% | ||
| Q2 24 | — | -10.8% | ||
| Q1 24 | — | -12.7% |
净利率AREARL
| Q4 25 | -143.3% | 75.2% | ||
| Q3 25 | -31.0% | 1.0% | ||
| Q2 25 | -14.0% | 23.2% | ||
| Q1 25 | -1.2% | 24.7% | ||
| Q4 24 | -7.9% | -1.3% | ||
| Q3 24 | 21.2% | -150.4% | ||
| Q2 24 | 6.1% | 9.9% | ||
| Q1 24 | 22.2% | 14.7% |
每股收益（稀释后）AREARL
| Q4 25 | $-6.35 | $0.60 | ||
| Q3 25 | $-1.38 | $0.01 | ||
| Q2 25 | $-0.64 | $0.18 | ||
| Q1 25 | $-0.07 | $0.18 | ||
| Q4 24 | $-0.38 | $-0.01 | ||
| Q3 24 | $0.96 | $-1.08 | ||
| Q2 24 | $0.25 | $0.07 | ||
| Q1 24 | $0.97 | $0.11 |
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 | $549.1M | $89.1M |
| 总债务越低越好 | $12.4B | $214.4M |
| 股东权益账面价值 | $15.5B | $617.4M |
| 总资产 | $34.1B | $1.1B |
| 负债/权益比越低杠杆越低 | 0.80× | 0.35× |
8季度趋势，按日历期对齐
现金及短期投资AREARL
| Q4 25 | $549.1M | $89.1M | ||
| Q3 25 | $579.5M | $82.8M | ||
| Q2 25 | $520.5M | $73.5M | ||
| Q1 25 | $476.4M | $88.7M | ||
| Q4 24 | $552.1M | $99.7M | ||
| Q3 24 | $562.6M | $131.6M | ||
| Q2 24 | $561.0M | $127.5M | ||
| Q1 24 | $722.2M | $130.9M |
总债务AREARL
| Q4 25 | $12.4B | $214.4M | ||
| Q3 25 | $13.6B | $227.0M | ||
| Q2 25 | $13.3B | $216.0M | ||
| Q1 25 | $13.1B | $201.7M | ||
| Q4 24 | $12.2B | $185.4M | ||
| Q3 24 | $12.7B | $183.8M | ||
| Q2 24 | $12.4B | $181.0M | ||
| Q1 24 | $12.2B | $181.8M |
股东权益AREARL
| Q4 25 | $15.5B | $617.4M | ||
| Q3 25 | $16.6B | $607.8M | ||
| Q2 25 | $17.2B | $607.8M | ||
| Q1 25 | $17.5B | $604.9M | ||
| Q4 24 | $17.9B | $601.8M | ||
| Q3 24 | $18.2B | $602.2M | ||
| Q2 24 | $18.3B | $619.9M | ||
| Q1 24 | $18.4B | $618.8M |
总资产AREARL
| Q4 25 | $34.1B | $1.1B | ||
| Q3 25 | $37.4B | $1.1B | ||
| Q2 25 | $37.6B | $1.1B | ||
| Q1 25 | $37.6B | $1.0B | ||
| Q4 24 | $37.5B | $1.0B | ||
| Q3 24 | $38.5B | $1.0B | ||
| Q2 24 | $37.8B | $1.0B | ||
| Q1 24 | $37.7B | $1.0B |
负债/权益比AREARL
| Q4 25 | 0.80× | 0.35× | ||
| Q3 25 | 0.82× | 0.37× | ||
| Q2 25 | 0.77× | 0.36× | ||
| Q1 25 | 0.75× | 0.33× | ||
| Q4 24 | 0.68× | 0.31× | ||
| Q3 24 | 0.70× | 0.31× | ||
| Q2 24 | 0.68× | 0.29× | ||
| Q1 24 | 0.66× | 0.29× |
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 | $312.4M | $-3.2M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | -0.33× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流AREARL
| Q4 25 | $312.4M | $-3.2M | ||
| Q3 25 | $433.5M | $8.0M | ||
| Q2 25 | $460.2M | $-2.9M | ||
| Q1 25 | $207.9M | $-7.4M | ||
| Q4 24 | $274.2M | $-15.8M | ||
| Q3 24 | $477.4M | $13.5M | ||
| Q2 24 | $411.8M | $-503.0K | ||
| Q1 24 | $341.2M | $3.9M |
现金转化率AREARL
| Q4 25 | — | -0.33× | ||
| Q3 25 | — | 61.81× | ||
| Q2 25 | — | -1.03× | ||
| Q1 25 | — | -2.50× | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.84× | — | ||
| Q2 24 | 8.82× | -0.43× | ||
| Q1 24 | 2.00× | 2.21× |
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
ARE
| Reportable Segment Aggregation Before Other Operating Segment | $707.2M | 94% |
| Other | $21.7M | 3% |
ARL
暂无分部数据
