vs
Alexandria Real Estate Equities（ARE）与Elastic N.V.（ESTC）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Elastic N.V.的1.6倍（$671.0M vs $423.5M），Alexandria Real Estate Equities净利率更高（59.4% vs -12.1%，领先71.5%），Elastic N.V.同比增速更快（15.9% vs -11.5%），过去两年Elastic N.V.的营收复合增速更高（13.6% 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。
Elastic是荷美合资软件企业，2012年成立于荷兰阿姆斯特丹，运营总部分设于荷兰及美国加利福尼亚州旧金山市，于纽交所上市。公司提供企业级搜索、可观测性、网络安全平台，可支持用户实现大规模数据搜索分析、系统性能监测及异常检测。
ARE vs ESTC — 直观对比
营收规模更大
ARE
是对方的1.6倍
$423.5M
营收增速更快
ESTC
高出27.4%
-11.5%
净利率更高
ARE
高出71.5%
-12.1%
两年增速更快
ESTC
近两年复合增速
-6.4%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $671.0M | $423.5M |
| 净利润 | $398.4M | $-51.3M |
| 毛利率 | — | 75.9% |
| 营业利润率 | — | -1.9% |
| 净利率 | 59.4% | -12.1% |
| 营收同比 | -11.5% | 15.9% |
| 净利润同比 | 740.6% | -101.5% |
| 每股收益（稀释后） | $2.10 | $-0.48 |
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AREESTC
| Q1 26 | $671.0M | — | ||
| Q4 25 | $754.4M | $423.5M | ||
| Q3 25 | $751.9M | $415.3M | ||
| Q2 25 | $762.0M | $388.4M | ||
| Q1 25 | $758.2M | $382.1M | ||
| Q4 24 | $788.9M | $365.4M | ||
| Q3 24 | $791.6M | $347.4M | ||
| Q2 24 | $766.7M | $335.0M |
净利润AREESTC
| Q1 26 | $398.4M | — | ||
| Q4 25 | $-1.1B | $-51.3M | ||
| Q3 25 | $-232.8M | $-24.6M | ||
| Q2 25 | $-107.0M | $-16.4M | ||
| Q1 25 | $-8.9M | $-17.1M | ||
| Q4 24 | $-62.2M | $-25.4M | ||
| Q3 24 | $167.9M | $-49.2M | ||
| Q2 24 | $46.7M | $-41.1M |
毛利率AREESTC
| Q1 26 | — | — | ||
| Q4 25 | — | 75.9% | ||
| Q3 25 | — | 76.7% | ||
| Q2 25 | — | 74.8% | ||
| Q1 25 | — | 74.6% | ||
| Q4 24 | — | 74.5% | ||
| Q3 24 | — | 73.6% | ||
| Q2 24 | — | 73.8% |
营业利润率AREESTC
| Q1 26 | — | — | ||
| Q4 25 | — | -1.9% | ||
| Q3 25 | — | -2.3% | ||
| Q2 25 | — | -3.1% | ||
| Q1 25 | — | -1.2% | ||
| Q4 24 | — | -1.2% | ||
| Q3 24 | — | -9.7% | ||
| Q2 24 | — | -13.6% |
净利率AREESTC
| Q1 26 | 59.4% | — | ||
| Q4 25 | -143.3% | -12.1% | ||
| Q3 25 | -31.0% | -5.9% | ||
| Q2 25 | -14.0% | -4.2% | ||
| Q1 25 | -1.2% | -4.5% | ||
| Q4 24 | -7.9% | -7.0% | ||
| Q3 24 | 21.2% | -14.2% | ||
| Q2 24 | 6.1% | -12.3% |
每股收益（稀释后）AREESTC
| Q1 26 | $2.10 | — | ||
| Q4 25 | $-6.35 | $-0.48 | ||
| Q3 25 | $-1.38 | $-0.23 | ||
| Q2 25 | $-0.64 | $-0.15 | ||
| Q1 25 | $-0.07 | $-0.16 | ||
| Q4 24 | $-0.38 | $-0.25 | ||
| Q3 24 | $0.96 | $-0.48 | ||
| Q2 24 | $0.25 | $-0.35 |
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 | $1.4B |
| 总债务越低越好 | — | $570.3M |
| 股东权益账面价值 | $19.4B | $891.1M |
| 总资产 | $34.2B | $2.5B |
| 负债/权益比越低杠杆越低 | — | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资AREESTC
| Q1 26 | $418.7M | — | ||
| Q4 25 | $549.1M | $1.4B | ||
| Q3 25 | $579.5M | $1.5B | ||
| Q2 25 | $520.5M | $1.4B | ||
| Q1 25 | $476.4M | $584.0M | ||
| Q4 24 | $552.1M | $658.5M | ||
| Q3 24 | $562.6M | $594.9M | ||
| Q2 24 | $561.0M | $1.1B |
总债务AREESTC
| Q1 26 | — | — | ||
| Q4 25 | $12.4B | $570.3M | ||
| Q3 25 | $13.6B | $570.0M | ||
| Q2 25 | $13.3B | $569.7M | ||
| Q1 25 | $13.1B | $569.4M | ||
| Q4 24 | $12.2B | $569.2M | ||
| Q3 24 | $12.7B | $568.9M | ||
| Q2 24 | $12.4B | $568.6M |
股东权益AREESTC
| Q1 26 | $19.4B | — | ||
| Q4 25 | $15.5B | $891.1M | ||
| Q3 25 | $16.6B | $971.4M | ||
| Q2 25 | $17.2B | $927.2M | ||
| Q1 25 | $17.5B | $859.1M | ||
| Q4 24 | $17.9B | $811.5M | ||
| Q3 24 | $18.2B | $759.4M | ||
| Q2 24 | $18.3B | $738.2M |
总资产AREESTC
| Q1 26 | $34.2B | — | ||
| Q4 25 | $34.1B | $2.5B | ||
| Q3 25 | $37.4B | $2.5B | ||
| Q2 25 | $37.6B | $2.6B | ||
| Q1 25 | $37.6B | $2.3B | ||
| Q4 24 | $37.5B | $2.2B | ||
| Q3 24 | $38.5B | $2.2B | ||
| Q2 24 | $37.8B | $2.2B |
负债/权益比AREESTC
| Q1 26 | — | — | ||
| Q4 25 | 0.80× | 0.64× | ||
| Q3 25 | 0.82× | 0.59× | ||
| Q2 25 | 0.77× | 0.61× | ||
| Q1 25 | 0.75× | 0.66× | ||
| Q4 24 | 0.68× | 0.70× | ||
| Q3 24 | 0.70× | 0.75× | ||
| Q2 24 | 0.68× | 0.77× |
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 | $26.6M |
| 自由现金流经营现金流 - 资本支出 | — | $26.0M |
| 自由现金流率自由现金流/营收 | — | 6.1% |
| 资本支出强度资本支出/营收 | 76.0% | 0.1% |
| 现金转化率经营现金流/净利润 | 1.19× | — |
| 过去12个月自由现金流最近4个季度 | — | $302.3M |
8季度趋势，按日历期对齐
经营现金流AREESTC
| Q1 26 | $475.0M | — | ||
| Q4 25 | $312.4M | $26.6M | ||
| Q3 25 | $433.5M | $104.8M | ||
| Q2 25 | $460.2M | $87.0M | ||
| Q1 25 | $207.9M | $88.1M | ||
| Q4 24 | $274.2M | $38.4M | ||
| Q3 24 | $477.4M | $52.8M | ||
| Q2 24 | $411.8M | $60.9M |
自由现金流AREESTC
| Q1 26 | — | — | ||
| Q4 25 | — | $26.0M | ||
| Q3 25 | — | $104.2M | ||
| Q2 25 | — | $84.9M | ||
| Q1 25 | — | $87.3M | ||
| Q4 24 | — | $37.7M | ||
| Q3 24 | — | $52.0M | ||
| Q2 24 | — | $60.1M |
自由现金流率AREESTC
| Q1 26 | — | — | ||
| Q4 25 | — | 6.1% | ||
| Q3 25 | — | 25.1% | ||
| Q2 25 | — | 21.8% | ||
| Q1 25 | — | 22.8% | ||
| Q4 24 | — | 10.3% | ||
| Q3 24 | — | 15.0% | ||
| Q2 24 | — | 17.9% |
资本支出强度AREESTC
| Q1 26 | 76.0% | — | ||
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 0.5% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.3% |
现金转化率AREESTC
| Q1 26 | 1.19× | — | ||
| Q4 25 | — | — | ||
| 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% |
ESTC
| Self Managed Subscription | $192.0M | 45% |
| Saa S Self Managed Annual | $156.9M | 37% |
| Saa S Self Managed Monthly | $48.8M | 12% |
| Professional Services | $25.8M | 6% |
