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Alexandria Real Estate Equities（ARE）与COMPASS MINERALS INTERNATIONAL INC（CMP）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COMPASS MINERALS INTERNATIONAL INC的1.7倍（$671.0M vs $396.1M），Alexandria Real Estate Equities净利率更高（59.4% vs 4.7%，领先54.7%），COMPASS MINERALS INTERNATIONAL INC同比增速更快（28.9% vs -11.5%），过去两年COMPASS MINERALS INTERNATIONAL INC的营收复合增速更高（4.3% vs -6.4%）
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。
指南针矿产国际是一家美国上市矿产企业，总部位于堪萨斯州欧弗兰帕克，是盐、氯化镁和硫酸钾等产品的领先生产商。公司面向北美和英国客户供应经处理与未经处理的散装道路除冰盐，同时向全球种植者提供植物营养产品，此外也生产民用除冰、水质调节产品及相关商用产品。
ARE vs CMP — 直观对比
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $671.0M | $396.1M |
| 净利润 | $398.4M | $18.6M |
| 毛利率 | — | 16.0% |
| 营业利润率 | — | 9.2% |
| 净利率 | 59.4% | 4.7% |
| 营收同比 | -11.5% | 28.9% |
| 净利润同比 | 740.6% | 178.8% |
| 每股收益（稀释后） | $2.10 | $0.43 |
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
| Q1 26 | $671.0M | — | ||
| Q4 25 | $754.4M | $396.1M | ||
| Q3 25 | $751.9M | $227.5M | ||
| Q2 25 | $762.0M | $214.6M | ||
| Q1 25 | $758.2M | $494.6M | ||
| Q4 24 | $788.9M | $307.2M | ||
| Q3 24 | $791.6M | $208.8M | ||
| Q2 24 | $766.7M | $202.9M |
| Q1 26 | $398.4M | — | ||
| Q4 25 | $-1.1B | $18.6M | ||
| Q3 25 | $-232.8M | $-7.2M | ||
| Q2 25 | $-107.0M | $-17.0M | ||
| Q1 25 | $-8.9M | $-32.0M | ||
| Q4 24 | $-62.2M | $-23.6M | ||
| Q3 24 | $167.9M | $-48.3M | ||
| Q2 24 | $46.7M | $-43.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | 16.0% | ||
| Q3 25 | — | 16.9% | ||
| Q2 25 | — | 19.2% | ||
| Q1 25 | — | 15.5% | ||
| Q4 24 | — | 11.2% | ||
| Q3 24 | — | 9.3% | ||
| Q2 24 | — | 16.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 9.2% | ||
| Q3 25 | — | 5.3% | ||
| Q2 25 | — | 7.4% | ||
| Q1 25 | — | -0.6% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | -14.3% | ||
| Q2 24 | — | 2.9% |
| Q1 26 | 59.4% | — | ||
| Q4 25 | -143.3% | 4.7% | ||
| Q3 25 | -31.0% | -3.2% | ||
| Q2 25 | -14.0% | -7.9% | ||
| Q1 25 | -1.2% | -6.5% | ||
| Q4 24 | -7.9% | -7.7% | ||
| Q3 24 | 21.2% | -23.1% | ||
| Q2 24 | 6.1% | -21.5% |
| Q1 26 | $2.10 | — | ||
| Q4 25 | $-6.35 | $0.43 | ||
| Q3 25 | $-1.38 | — | ||
| Q2 25 | $-0.64 | $-0.41 | ||
| Q1 25 | $-0.07 | $-0.77 | ||
| Q4 24 | $-0.38 | $-0.57 | ||
| Q3 24 | $0.96 | $-1.17 | ||
| Q2 24 | $0.25 | $-1.05 |
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 | $418.7M | $46.7M |
| 总债务越低越好 | — | $890.0M |
| 股东权益账面价值 | $19.4B | $260.5M |
| 总资产 | $34.2B | $1.5B |
| 负债/权益比越低杠杆越低 | — | 3.42× |
8季度趋势，按日历期对齐
| Q1 26 | $418.7M | — | ||
| Q4 25 | $549.1M | $46.7M | ||
| Q3 25 | $579.5M | $59.7M | ||
| Q2 25 | $520.5M | $79.4M | ||
| Q1 25 | $476.4M | $49.5M | ||
| Q4 24 | $552.1M | $45.8M | ||
| Q3 24 | $562.6M | $20.2M | ||
| Q2 24 | $561.0M | $12.8M |
| Q1 26 | — | — | ||
| Q4 25 | $12.4B | $890.0M | ||
| Q3 25 | $13.6B | $839.8M | ||
| Q2 25 | $13.3B | $833.4M | ||
| Q1 25 | $13.1B | $807.6M | ||
| Q4 24 | $12.2B | $974.4M | ||
| Q3 24 | $12.7B | $921.2M | ||
| Q2 24 | $12.4B | $875.1M |
| Q1 26 | $19.4B | — | ||
| Q4 25 | $15.5B | $260.5M | ||
| Q3 25 | $16.6B | $234.1M | ||
| Q2 25 | $17.2B | $249.8M | ||
| Q1 25 | $17.5B | $236.5M | ||
| Q4 24 | $17.9B | $263.0M | ||
| Q3 24 | $18.2B | $316.6M | ||
| Q2 24 | $18.3B | $352.1M |
| Q1 26 | $34.2B | — | ||
| Q4 25 | $34.1B | $1.5B | ||
| Q3 25 | $37.4B | $1.5B | ||
| Q2 25 | $37.6B | $1.5B | ||
| Q1 25 | $37.6B | $1.5B | ||
| Q4 24 | $37.5B | $1.7B | ||
| Q3 24 | $38.5B | $1.6B | ||
| Q2 24 | $37.8B | $1.6B |
| Q1 26 | — | — | ||
| Q4 25 | 0.80× | 3.42× | ||
| Q3 25 | 0.82× | 3.59× | ||
| Q2 25 | 0.77× | 3.34× | ||
| Q1 25 | 0.75× | 3.41× | ||
| Q4 24 | 0.68× | 3.70× | ||
| Q3 24 | 0.70× | 2.91× | ||
| Q2 24 | 0.68× | 2.49× |
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 | $475.0M | $-37.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-59.8M |
| 自由现金流率自由现金流/营收 | — | -15.1% |
| 资本支出强度资本支出/营收 | 76.0% | 5.8% |
| 现金转化率经营现金流/净利润 | 1.19× | -1.99× |
| 过去12个月自由现金流最近4个季度 | — | $94.1M |
8季度趋势，按日历期对齐
| Q1 26 | $475.0M | — | ||
| Q4 25 | $312.4M | $-37.0M | ||
| Q3 25 | $433.5M | $-6.9M | ||
| Q2 25 | $460.2M | $21.8M | ||
| Q1 25 | $207.9M | $186.9M | ||
| Q4 24 | $274.2M | $-4.1M | ||
| Q3 24 | $477.4M | $-12.7M | ||
| Q2 24 | $411.8M | $-6.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-59.8M | ||
| Q3 25 | — | $-22.8M | ||
| Q2 25 | — | $3.8M | ||
| Q1 25 | — | $172.9M | ||
| Q4 24 | — | $-25.9M | ||
| Q3 24 | — | $-33.6M | ||
| Q2 24 | — | $-21.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | -15.1% | ||
| Q3 25 | — | -10.0% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 35.0% | ||
| Q4 24 | — | -8.4% | ||
| Q3 24 | — | -16.1% | ||
| Q2 24 | — | -10.6% |
| Q1 26 | 76.0% | — | ||
| Q4 25 | — | 5.8% | ||
| Q3 25 | — | 7.0% | ||
| Q2 25 | — | 8.4% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | — | 7.1% | ||
| Q3 24 | — | 10.0% | ||
| Q2 24 | — | 7.2% |
| Q1 26 | 1.19× | — | ||
| Q4 25 | — | -1.99× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.84× | — | ||
| Q2 24 | 8.82× | — |
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
| Same properties | $431.4M | 64% |
| Tenant recoveries | $178.2M | 27% |
| Non-same properties | $43.3M | 6% |
| Other | $18.0M | 3% |
CMP
| Highway Deicing Salt | $210.8M | 53% |
| Consumer Industrial Salt | $120.7M | 30% |
| Plant Nutrition | $60.8M | 15% |
| Transferred Over Time | $2.8M | 1% |
| Other | $1.0M | 0% |
