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Alexandria Real Estate Equities（ARE）与罗致恒富（RHI）财务数据对比。点击上方公司名可切换其他公司
罗致恒富的季度营收约是Alexandria Real Estate Equities的1.9倍（$1.3B vs $671.0M），罗致恒富同比增速更快（-5.8% vs -11.5%），过去两年罗致恒富的营收复合增速更高（-6.1% 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。
罗致恒富是1948年成立的国际人力资源咨询机构，总部位于加利福尼亚州门洛帕克和圣拉蒙，是全球规模领先的会计与金融领域人才派遣服务商之一，在全球范围内设有超过345个办公点。
ARE vs RHI — 直观对比
营收规模更大
RHI
是对方的1.9倍
$671.0M
营收增速更快
RHI
高出5.7%
-11.5%
两年增速更快
RHI
近两年复合增速
-6.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $671.0M | $1.3B |
| 净利润 | $398.4M | — |
| 毛利率 | — | 37.6% |
| 营业利润率 | — | 1.7% |
| 净利率 | 59.4% | — |
| 营收同比 | -11.5% | -5.8% |
| 净利润同比 | 740.6% | — |
| 每股收益（稀释后） | $2.10 | $0.32 |
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ARERHI
| Q1 26 | $671.0M | — | ||
| Q4 25 | $754.4M | $1.3B | ||
| Q3 25 | $751.9M | $1.4B | ||
| Q2 25 | $762.0M | $1.4B | ||
| Q1 25 | $758.2M | $1.4B | ||
| Q4 24 | $788.9M | $1.4B | ||
| Q3 24 | $791.6M | $1.5B | ||
| Q2 24 | $766.7M | $1.5B |
净利润ARERHI
| Q1 26 | $398.4M | — | ||
| Q4 25 | $-1.1B | — | ||
| Q3 25 | $-232.8M | $42.9M | ||
| Q2 25 | $-107.0M | $41.0M | ||
| Q1 25 | $-8.9M | $17.4M | ||
| Q4 24 | $-62.2M | — | ||
| Q3 24 | $167.9M | $65.5M | ||
| Q2 24 | $46.7M | $68.2M |
毛利率ARERHI
| Q1 26 | — | — | ||
| Q4 25 | — | 37.6% | ||
| Q3 25 | — | 37.2% | ||
| Q2 25 | — | 37.2% | ||
| Q1 25 | — | 36.9% | ||
| Q4 24 | — | 38.8% | ||
| Q3 24 | — | 39.0% | ||
| Q2 24 | — | 39.2% |
营业利润率ARERHI
| Q1 26 | — | — | ||
| Q4 25 | — | 1.7% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 2.9% | ||
| Q4 24 | — | 4.7% | ||
| Q3 24 | — | 4.1% | ||
| Q2 24 | — | 5.1% |
净利率ARERHI
| Q1 26 | 59.4% | — | ||
| Q4 25 | -143.3% | — | ||
| Q3 25 | -31.0% | 3.2% | ||
| Q2 25 | -14.0% | 3.0% | ||
| Q1 25 | -1.2% | 1.3% | ||
| Q4 24 | -7.9% | — | ||
| Q3 24 | 21.2% | 4.5% | ||
| Q2 24 | 6.1% | 4.6% |
每股收益（稀释后）ARERHI
| Q1 26 | $2.10 | — | ||
| Q4 25 | $-6.35 | $0.32 | ||
| Q3 25 | $-1.38 | $0.43 | ||
| Q2 25 | $-0.64 | $0.41 | ||
| Q1 25 | $-0.07 | $0.17 | ||
| Q4 24 | $-0.38 | $0.53 | ||
| Q3 24 | $0.96 | $0.64 | ||
| Q2 24 | $0.25 | $0.66 |
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 | $464.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $19.4B | $1.3B |
| 总资产 | $34.2B | $2.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ARERHI
| Q1 26 | $418.7M | — | ||
| Q4 25 | $549.1M | $464.4M | ||
| Q3 25 | $579.5M | $365.3M | ||
| Q2 25 | $520.5M | $380.5M | ||
| Q1 25 | $476.4M | $342.5M | ||
| Q4 24 | $552.1M | $537.6M | ||
| Q3 24 | $562.6M | $570.5M | ||
| Q2 24 | $561.0M | $547.4M |
总债务ARERHI
| Q1 26 | — | — | ||
| Q4 25 | $12.4B | — | ||
| Q3 25 | $13.6B | — | ||
| Q2 25 | $13.3B | — | ||
| Q1 25 | $13.1B | — | ||
| Q4 24 | $12.2B | — | ||
| Q3 24 | $12.7B | — | ||
| Q2 24 | $12.4B | — |
股东权益ARERHI
| Q1 26 | $19.4B | — | ||
| Q4 25 | $15.5B | $1.3B | ||
| Q3 25 | $16.6B | $1.3B | ||
| Q2 25 | $17.2B | $1.3B | ||
| Q1 25 | $17.5B | $1.3B | ||
| Q4 24 | $17.9B | $1.4B | ||
| Q3 24 | $18.2B | $1.5B | ||
| Q2 24 | $18.3B | $1.5B |
总资产ARERHI
| Q1 26 | $34.2B | — | ||
| Q4 25 | $34.1B | $2.9B | ||
| Q3 25 | $37.4B | $2.8B | ||
| Q2 25 | $37.6B | $2.8B | ||
| Q1 25 | $37.6B | $2.7B | ||
| Q4 24 | $37.5B | $2.9B | ||
| Q3 24 | $38.5B | $3.0B | ||
| Q2 24 | $37.8B | $2.9B |
负债/权益比ARERHI
| Q1 26 | — | — | ||
| Q4 25 | 0.80× | — | ||
| Q3 25 | 0.82× | — | ||
| Q2 25 | 0.77× | — | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | 0.68× | — | ||
| Q3 24 | 0.70× | — | ||
| Q2 24 | 0.68× | — |
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 | $182.5M |
| 自由现金流经营现金流 - 资本支出 | — | $170.8M |
| 自由现金流率自由现金流/营收 | — | 13.1% |
| 资本支出强度资本支出/营收 | 76.0% | 0.9% |
| 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 | — | $266.8M |
8季度趋势，按日历期对齐
经营现金流ARERHI
| Q1 26 | $475.0M | — | ||
| Q4 25 | $312.4M | $182.5M | ||
| Q3 25 | $433.5M | $77.4M | ||
| Q2 25 | $460.2M | $119.4M | ||
| Q1 25 | $207.9M | $-59.3M | ||
| Q4 24 | $274.2M | $154.8M | ||
| Q3 24 | $477.4M | $129.6M | ||
| Q2 24 | $411.8M | $142.0M |
自由现金流ARERHI
| Q1 26 | — | — | ||
| Q4 25 | — | $170.8M | ||
| Q3 25 | — | $63.6M | ||
| Q2 25 | — | $104.2M | ||
| Q1 25 | — | $-71.7M | ||
| Q4 24 | — | $140.5M | ||
| Q3 24 | — | $111.8M | ||
| Q2 24 | — | $129.6M |
自由现金流率ARERHI
| Q1 26 | — | — | ||
| Q4 25 | — | 13.1% | ||
| Q3 25 | — | 4.7% | ||
| Q2 25 | — | 7.6% | ||
| Q1 25 | — | -5.3% | ||
| Q4 24 | — | 10.2% | ||
| Q3 24 | — | 7.6% | ||
| Q2 24 | — | 8.8% |
资本支出强度ARERHI
| Q1 26 | 76.0% | — | ||
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 0.8% |
现金转化率ARERHI
| Q1 26 | 1.19× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.80× | ||
| Q2 25 | — | 2.91× | ||
| Q1 25 | — | -3.42× | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.84× | 1.98× | ||
| Q2 24 | 8.82× | 2.08× |
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% |
RHI
| Finance And Accounting | $535.2M | 41% |
| Protiviti | $479.0M | 37% |
| Technology | $156.4M | 12% |
| Permanent Placement Talent Solutions | $102.6M | 8% |
| Other | $29.2M | 2% |
