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Alexandria Real Estate Equities（ARE）与Piedmont Realty Trust, Inc.（PDM）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Piedmont Realty Trust, Inc.的5.3倍（$754.4M vs $142.9M）。Piedmont Realty Trust, Inc.净利率更高（-30.3% vs -143.3%，领先113.0%）。Piedmont Realty Trust, Inc.同比增速更快（-0.3% vs -4.4%）。过去两年Piedmont Realty Trust, Inc.的营收复合增速更高（-0.6% 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。
Piedmont Realty Trust是一家公开上市的房地产投资信托（REIT），主要持有、运营和投资美国高增长大都会区的优质写字楼资产，服务科技、专业服务、医疗等多个行业的企业租户，通过战略资产管理和投资组合优化为利益相关方提供稳定长期回报。
ARE vs PDM — 直观对比
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $754.4M | $142.9M |
| 净利润 | $-1.1B | $-43.2M |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | -143.3% | -30.3% |
| 营收同比 | -4.4% | -0.3% |
| 净利润同比 | -1636.5% | -44.3% |
| 每股收益（稀释后） | $-6.35 | $-0.34 |
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
| Q4 25 | $754.4M | $142.9M | ||
| Q3 25 | $751.9M | $139.2M | ||
| Q2 25 | $762.0M | $140.3M | ||
| Q1 25 | $758.2M | $142.7M | ||
| Q4 24 | $788.9M | $143.2M | ||
| Q3 24 | $791.6M | $139.3M | ||
| Q2 24 | $766.7M | $143.3M | ||
| Q1 24 | $769.1M | $144.5M |
| Q4 25 | $-1.1B | $-43.2M | ||
| Q3 25 | $-232.8M | $-13.5M | ||
| Q2 25 | $-107.0M | $-16.8M | ||
| Q1 25 | $-8.9M | $-10.1M | ||
| Q4 24 | $-62.2M | $-30.0M | ||
| Q3 24 | $167.9M | $-11.5M | ||
| Q2 24 | $46.7M | $-9.8M | ||
| Q1 24 | $170.5M | $-27.8M |
| Q4 25 | -143.3% | -30.3% | ||
| Q3 25 | -31.0% | -9.7% | ||
| Q2 25 | -14.0% | -12.0% | ||
| Q1 25 | -1.2% | -7.1% | ||
| Q4 24 | -7.9% | -20.9% | ||
| Q3 24 | 21.2% | -8.3% | ||
| Q2 24 | 6.1% | -6.8% | ||
| Q1 24 | 22.2% | -19.2% |
| Q4 25 | $-6.35 | $-0.34 | ||
| Q3 25 | $-1.38 | $-0.11 | ||
| Q2 25 | $-0.64 | $-0.14 | ||
| Q1 25 | $-0.07 | $-0.08 | ||
| Q4 24 | $-0.38 | $-0.25 | ||
| Q3 24 | $0.96 | $-0.09 | ||
| Q2 24 | $0.25 | $-0.08 | ||
| Q1 24 | $0.97 | $-0.22 |
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 | $731.0K |
| 总债务越低越好 | $12.4B | $2.2B |
| 股东权益账面价值 | $15.5B | $1.5B |
| 总资产 | $34.1B | $4.0B |
| 负债/权益比越低杠杆越低 | 0.80× | 1.49× |
8季度趋势，按日历期对齐
| Q4 25 | $549.1M | $731.0K | ||
| Q3 25 | $579.5M | $3.0M | ||
| Q2 25 | $520.5M | $3.3M | ||
| Q1 25 | $476.4M | $2.9M | ||
| Q4 24 | $552.1M | $109.6M | ||
| Q3 24 | $562.6M | $133.6M | ||
| Q2 24 | $561.0M | $138.5M | ||
| Q1 24 | $722.2M | $3.5M |
| Q4 25 | $12.4B | $2.2B | ||
| Q3 25 | $13.6B | $2.2B | ||
| Q2 25 | $13.3B | $2.2B | ||
| Q1 25 | $13.1B | $2.2B | ||
| Q4 24 | $12.2B | $2.2B | ||
| Q3 24 | $12.7B | $2.2B | ||
| Q2 24 | $12.4B | $2.2B | ||
| Q1 24 | $12.2B | $2.1B |
| Q4 25 | $15.5B | $1.5B | ||
| Q3 25 | $16.6B | $1.5B | ||
| Q2 25 | $17.2B | $1.5B | ||
| Q1 25 | $17.5B | $1.6B | ||
| Q4 24 | $17.9B | $1.6B | ||
| Q3 24 | $18.2B | $1.6B | ||
| Q2 24 | $18.3B | $1.7B | ||
| Q1 24 | $18.4B | $1.7B |
| Q4 25 | $34.1B | $4.0B | ||
| Q3 25 | $37.4B | $4.0B | ||
| Q2 25 | $37.6B | $4.0B | ||
| Q1 25 | $37.6B | $4.0B | ||
| Q4 24 | $37.5B | $4.1B | ||
| Q3 24 | $38.5B | $4.1B | ||
| Q2 24 | $37.8B | $4.2B | ||
| Q1 24 | $37.7B | $4.0B |
| Q4 25 | 0.80× | 1.49× | ||
| Q3 25 | 0.82× | 1.43× | ||
| Q2 25 | 0.77× | 1.41× | ||
| Q1 25 | 0.75× | 1.40× | ||
| Q4 24 | 0.68× | 1.40× | ||
| Q3 24 | 0.70× | 1.36× | ||
| Q2 24 | 0.68× | 1.34× | ||
| Q1 24 | 0.66× | 1.23× |
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 | $50.9M |
| 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 | — | — |
| 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
| Q4 25 | $312.4M | $50.9M | ||
| Q3 25 | $433.5M | $35.8M | ||
| Q2 25 | $460.2M | $50.1M | ||
| Q1 25 | $207.9M | $3.7M | ||
| Q4 24 | $274.2M | $65.0M | ||
| Q3 24 | $477.4M | $42.9M | ||
| Q2 24 | $411.8M | $66.8M | ||
| Q1 24 | $341.2M | $23.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.84× | — | ||
| Q2 24 | 8.82× | — | ||
| Q1 24 | 2.00× | — |
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% |
PDM
| Atlanta GA | $45.7M | 32% |
| Dallas TX | $24.1M | 17% |
| Orlando FL | $19.3M | 13% |
| New York NY | $14.7M | 10% |
| Northern Virginia Washington D.C. | $12.9M | 9% |
| Minneapolis MN | $11.4M | 8% |
| Boston MA | $9.8M | 7% |
| Real Estate Other | $7.8M | 5% |
