vs
Alexandria Real Estate Equities（ARE）与LifeStance Health Group, Inc.（LFST）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LifeStance Health Group, Inc.的1.8倍（$671.0M vs $382.2M），Alexandria Real Estate Equities净利率更高（59.4% vs 3.1%，领先56.3%），LifeStance Health Group, Inc.同比增速更快（17.4% vs -11.5%），过去两年LifeStance Health Group, Inc.的营收复合增速更高（12.8% 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。
LifeStance Health Group是美国的门诊行为健康服务提供商，支持线下面诊与远程诊疗两种服务模式，业务涵盖心理咨询、精神科诊疗、经颅磁刺激（TMS）以及氯胺酮治疗等。该公司曾多次因劳动违规、客户信息泄露及误导投资者相关问题遭遇诉讼。
ARE vs LFST — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $671.0M | $382.2M |
| 净利润 | $398.4M | $11.7M |
| 毛利率 | — | — |
| 营业利润率 | — | 4.7% |
| 净利率 | 59.4% | 3.1% |
| 营收同比 | -11.5% | 17.4% |
| 净利润同比 | 740.6% | 264.1% |
| 每股收益（稀释后） | $2.10 | — |
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 | $382.2M | ||
| Q3 25 | $751.9M | $363.8M | ||
| Q2 25 | $762.0M | $345.3M | ||
| Q1 25 | $758.2M | $333.0M | ||
| Q4 24 | $788.9M | $325.5M | ||
| Q3 24 | $791.6M | $312.7M | ||
| Q2 24 | $766.7M | $312.3M |
| Q1 26 | $398.4M | — | ||
| Q4 25 | $-1.1B | $11.7M | ||
| Q3 25 | $-232.8M | $1.1M | ||
| Q2 25 | $-107.0M | $-3.8M | ||
| Q1 25 | $-8.9M | $709.0K | ||
| Q4 24 | $-62.2M | $-7.1M | ||
| Q3 24 | $167.9M | $-6.0M | ||
| Q2 24 | $46.7M | $-23.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.7% | ||
| Q3 25 | — | 2.0% | ||
| Q2 25 | — | -0.9% | ||
| Q1 25 | — | 0.5% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | -5.1% |
| Q1 26 | 59.4% | — | ||
| Q4 25 | -143.3% | 3.1% | ||
| Q3 25 | -31.0% | 0.3% | ||
| Q2 25 | -14.0% | -1.1% | ||
| Q1 25 | -1.2% | 0.2% | ||
| Q4 24 | -7.9% | -2.2% | ||
| Q3 24 | 21.2% | -1.9% | ||
| Q2 24 | 6.1% | -7.5% |
| Q1 26 | $2.10 | — | ||
| Q4 25 | $-6.35 | — | ||
| Q3 25 | $-1.38 | — | ||
| Q2 25 | $-0.64 | — | ||
| Q1 25 | $-0.07 | — | ||
| Q4 24 | $-0.38 | — | ||
| Q3 24 | $0.96 | — | ||
| Q2 24 | $0.25 | — |
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 | $418.7M | $248.6M |
| 总债务越低越好 | — | $282.8M |
| 股东权益账面价值 | $19.4B | $1.5B |
| 总资产 | $34.2B | $2.2B |
| 负债/权益比越低杠杆越低 | — | 0.19× |
8季度趋势，按日历期对齐
| Q1 26 | $418.7M | — | ||
| Q4 25 | $549.1M | $248.6M | ||
| Q3 25 | $579.5M | $203.9M | ||
| Q2 25 | $520.5M | $188.9M | ||
| Q1 25 | $476.4M | $134.3M | ||
| Q4 24 | $552.1M | $154.6M | ||
| Q3 24 | $562.6M | $102.6M | ||
| Q2 24 | $561.0M | $87.0M |
| Q1 26 | — | — | ||
| Q4 25 | $12.4B | $282.8M | ||
| Q3 25 | $13.6B | $284.6M | ||
| Q2 25 | $13.3B | $286.4M | ||
| Q1 25 | $13.1B | $288.2M | ||
| Q4 24 | $12.2B | $290.0M | ||
| Q3 24 | $12.7B | $287.3M | ||
| Q2 24 | $12.4B | $288.0M |
| Q1 26 | $19.4B | — | ||
| Q4 25 | $15.5B | $1.5B | ||
| Q3 25 | $16.6B | $1.5B | ||
| Q2 25 | $17.2B | $1.5B | ||
| Q1 25 | $17.5B | $1.5B | ||
| Q4 24 | $17.9B | $1.4B | ||
| Q3 24 | $18.2B | $1.4B | ||
| Q2 24 | $18.3B | $1.4B |
| Q1 26 | $34.2B | — | ||
| Q4 25 | $34.1B | $2.2B | ||
| Q3 25 | $37.4B | $2.1B | ||
| Q2 25 | $37.6B | $2.1B | ||
| Q1 25 | $37.6B | $2.1B | ||
| Q4 24 | $37.5B | $2.1B | ||
| Q3 24 | $38.5B | $2.1B | ||
| Q2 24 | $37.8B | $2.1B |
| Q1 26 | — | — | ||
| Q4 25 | 0.80× | 0.19× | ||
| Q3 25 | 0.82× | 0.19× | ||
| Q2 25 | 0.77× | 0.19× | ||
| Q1 25 | 0.75× | 0.20× | ||
| Q4 24 | 0.68× | 0.20× | ||
| Q3 24 | 0.70× | 0.20× | ||
| Q2 24 | 0.68× | 0.20× |
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 | $57.6M |
| 自由现金流经营现金流 - 资本支出 | — | $46.6M |
| 自由现金流率自由现金流/营收 | — | 12.2% |
| 资本支出强度资本支出/营收 | 76.0% | 2.9% |
| 现金转化率经营现金流/净利润 | 1.19× | 4.93× |
| 过去12个月自由现金流最近4个季度 | — | $110.0M |
8季度趋势，按日历期对齐
| Q1 26 | $475.0M | — | ||
| Q4 25 | $312.4M | $57.6M | ||
| Q3 25 | $433.5M | $27.3M | ||
| Q2 25 | $460.2M | $64.4M | ||
| Q1 25 | $207.9M | $-3.1M | ||
| Q4 24 | $274.2M | $62.3M | ||
| Q3 24 | $477.4M | $22.7M | ||
| Q2 24 | $411.8M | $44.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | $46.6M | ||
| Q3 25 | — | $17.0M | ||
| Q2 25 | — | $56.6M | ||
| Q1 25 | — | $-10.3M | ||
| Q4 24 | — | $56.0M | ||
| Q3 24 | — | $17.7M | ||
| Q2 24 | — | $39.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 12.2% | ||
| Q3 25 | — | 4.7% | ||
| Q2 25 | — | 16.4% | ||
| Q1 25 | — | -3.1% | ||
| Q4 24 | — | 17.2% | ||
| Q3 24 | — | 5.7% | ||
| Q2 24 | — | 12.5% |
| Q1 26 | 76.0% | — | ||
| Q4 25 | — | 2.9% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | — | 1.6% | ||
| Q2 24 | — | 1.6% |
| Q1 26 | 1.19× | — | ||
| Q4 25 | — | 4.93× | ||
| Q3 25 | — | 25.34× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -4.36× | ||
| 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% |
LFST
暂无分部数据
