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AvalonBay Communities（AVB）与Bluerock Homes Trust, Inc.（BHM）财务数据对比。点击上方公司名可切换其他公司
Bluerock Homes Trust, Inc.的季度营收约是AvalonBay Communities的10.3倍（$18.9M vs $1.8M）。AvalonBay Communities净利率更高（9040.6% vs -50.1%，领先9090.7%）。Bluerock Homes Trust, Inc.同比增速更快（36.9% vs 5.5%）。AvalonBay Communities自由现金流更多（$322.5M vs $-4.2M）。过去两年Bluerock Homes Trust, Inc.的营收复合增速更高（30.1% vs 1.1%）
AvalonBay Communities是一家公开上市的房地产投资信托（REIT），核心业务聚焦公寓类不动产的投资与运营，旗下持有并管理大量区位优质的公寓项目，为租户提供高品质居住服务，在北美住宅地产投资领域拥有较高知名度。
Bluerock Homes Trust, Inc.是一家总部位于美国的房地产投资信托企业，主要收购、持有并运营优质单户住宅租赁资产，面向美国高增长郊区市场的中等收入租户，聚焦人口基本面向好、租赁需求旺盛的区域布局。
AVB vs BHM — 直观对比
营收规模更大
BHM
是对方的10.3倍
$1.8M
营收增速更快
BHM
高出31.4%
5.5%
净利率更高
AVB
高出9090.7%
-50.1%
自由现金流更多
AVB
多$326.7M
$-4.2M
两年增速更快
BHM
近两年复合增速
1.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8M | $18.9M |
| 净利润 | $166.0M | $-9.5M |
| 毛利率 | — | — |
| 营业利润率 | — | -48.8% |
| 净利率 | 9040.6% | -50.1% |
| 营收同比 | 5.5% | 36.9% |
| 净利润同比 | -41.2% | -29.9% |
| 每股收益（稀释后） | $1.18 | $-0.75 |
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AVBBHM
| Q4 25 | $1.8M | $18.9M | ||
| Q3 25 | $1.9M | $16.6M | ||
| Q2 25 | $1.6M | $16.8M | ||
| Q1 25 | $1.7M | $16.4M | ||
| Q4 24 | $1.7M | $13.8M | ||
| Q3 24 | $1.7M | $12.7M | ||
| Q2 24 | $1.8M | $12.5M | ||
| Q1 24 | $1.8M | $11.2M |
净利润AVBBHM
| Q4 25 | $166.0M | $-9.5M | ||
| Q3 25 | $381.3M | $-10.0M | ||
| Q2 25 | $268.7M | $-5.8M | ||
| Q1 25 | $236.6M | $-7.3M | ||
| Q4 24 | $282.1M | $-7.3M | ||
| Q3 24 | $372.5M | $3.5M | ||
| Q2 24 | $253.9M | $-5.2M | ||
| Q1 24 | $173.4M | $-3.2M |
营业利润率AVBBHM
| Q4 25 | — | -48.8% | ||
| Q3 25 | — | -57.6% | ||
| Q2 25 | — | -30.9% | ||
| Q1 25 | — | -42.6% | ||
| Q4 24 | — | -52.8% | ||
| Q3 24 | — | 27.9% | ||
| Q2 24 | — | -41.3% | ||
| Q1 24 | — | -28.4% |
净利率AVBBHM
| Q4 25 | 9040.6% | -50.1% | ||
| Q3 25 | 20390.7% | -60.0% | ||
| Q2 25 | 16854.8% | -34.7% | ||
| Q1 25 | 13581.9% | -44.7% | ||
| Q4 24 | 16212.2% | -52.8% | ||
| Q3 24 | 21708.6% | 27.9% | ||
| Q2 24 | 13876.2% | -41.3% | ||
| Q1 24 | 9662.9% | -28.4% |
每股收益（稀释后）AVBBHM
| Q4 25 | $1.18 | $-0.75 | ||
| Q3 25 | $2.68 | $-0.94 | ||
| Q2 25 | $1.88 | $-0.66 | ||
| Q1 25 | $1.66 | $-0.67 | ||
| Q4 24 | $1.99 | $-0.65 | ||
| Q3 24 | $2.61 | $0.24 | ||
| Q2 24 | $1.78 | $-0.42 | ||
| Q1 24 | $1.22 | $-0.27 |
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 | $187.2M | $169.6M |
| 总债务越低越好 | $9.3B | $428.4M |
| 股东权益账面价值 | $11.6B | $128.7M |
| 总资产 | $22.2B | $1.2B |
| 负债/权益比越低杠杆越低 | 0.80× | 3.33× |
8季度趋势，按日历期对齐
现金及短期投资AVBBHM
| Q4 25 | $187.2M | $169.6M | ||
| Q3 25 | $123.3M | $2.1M | ||
| Q2 25 | $102.8M | $4.2M | ||
| Q1 25 | $53.3M | $3.0M | ||
| Q4 24 | $108.6M | $115.2M | ||
| Q3 24 | $552.4M | $155.1M | ||
| Q2 24 | $545.8M | $116.0M | ||
| Q1 24 | $287.9M | $92.3M |
总债务AVBBHM
| Q4 25 | $9.3B | $428.4M | ||
| Q3 25 | $8.7B | $415.9M | ||
| Q2 25 | $8.7B | $338.6M | ||
| Q1 25 | $8.3B | $336.5M | ||
| Q4 24 | $8.1B | $373.8M | ||
| Q3 24 | $8.4B | $122.5M | ||
| Q2 24 | $8.4B | $119.7M | ||
| Q1 24 | $8.0B | $120.2M |
股东权益AVBBHM
| Q4 25 | $11.6B | $128.7M | ||
| Q3 25 | $11.9B | $131.7M | ||
| Q2 25 | $11.9B | $135.3M | ||
| Q1 25 | $11.9B | $137.1M | ||
| Q4 24 | $11.9B | $139.1M | ||
| Q3 24 | $11.9B | $142.9M | ||
| Q2 24 | $11.7B | $142.5M | ||
| Q1 24 | $11.7B | $144.5M |
总资产AVBBHM
| Q4 25 | $22.2B | $1.2B | ||
| Q3 25 | $21.9B | $222.1M | ||
| Q2 25 | $21.8B | $220.3M | ||
| Q1 25 | $21.2B | $186.2M | ||
| Q4 24 | $21.0B | $967.0M | ||
| Q3 24 | $21.3B | $800.8M | ||
| Q2 24 | $21.0B | $756.2M | ||
| Q1 24 | $20.6B | $727.4M |
负债/权益比AVBBHM
| Q4 25 | 0.80× | 3.33× | ||
| Q3 25 | 0.73× | 3.16× | ||
| Q2 25 | 0.72× | 2.50× | ||
| Q1 25 | 0.70× | 2.45× | ||
| Q4 24 | 0.68× | 2.69× | ||
| Q3 24 | 0.70× | 0.86× | ||
| Q2 24 | 0.71× | 0.84× | ||
| Q1 24 | 0.68× | 0.83× |
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 | $400.4M | $-491.0K |
| 自由现金流经营现金流 - 资本支出 | $322.5M | $-4.2M |
| 自由现金流率自由现金流/营收 | 17563.8% | -22.1% |
| 资本支出强度资本支出/营收 | 4246.2% | 19.6% |
| 现金转化率经营现金流/净利润 | 2.41× | — |
| 过去12个月自由现金流最近4个季度 | $1.4B | $10.4M |
8季度趋势，按日历期对齐
经营现金流AVBBHM
| Q4 25 | $400.4M | $-491.0K | ||
| Q3 25 | $477.0M | $13.4M | ||
| Q2 25 | $377.8M | $13.9M | ||
| Q1 25 | $415.9M | $951.0K | ||
| Q4 24 | $328.8M | $5.0M | ||
| Q3 24 | $486.2M | $1.7M | ||
| Q2 24 | $380.0M | $1.3M | ||
| Q1 24 | $412.9M | $1.1M |
自由现金流AVBBHM
| Q4 25 | $322.5M | $-4.2M | ||
| Q3 25 | $402.2M | $8.7M | ||
| Q2 25 | $317.1M | $8.8M | ||
| Q1 25 | $367.5M | $-2.9M | ||
| Q4 24 | $271.9M | $1.6M | ||
| Q3 24 | $434.2M | $-601.0K | ||
| Q2 24 | $333.0M | $-654.0K | ||
| Q1 24 | $375.4M | $-630.0K |
自由现金流率AVBBHM
| Q4 25 | 17563.8% | -22.1% | ||
| Q3 25 | 21507.4% | 52.4% | ||
| Q2 25 | 19896.0% | 52.2% | ||
| Q1 25 | 21098.3% | -17.6% | ||
| Q4 24 | 15626.2% | 11.8% | ||
| Q3 24 | 25305.2% | -4.7% | ||
| Q2 24 | 18195.7% | -5.2% | ||
| Q1 24 | 20914.5% | -5.6% |
资本支出强度AVBBHM
| Q4 25 | 4246.2% | 19.6% | ||
| Q3 25 | 3998.4% | 28.5% | ||
| Q2 25 | 3806.1% | 30.3% | ||
| Q1 25 | 2776.7% | 23.4% | ||
| Q4 24 | 3271.1% | 24.4% | ||
| Q3 24 | 3026.3% | 18.0% | ||
| Q2 24 | 2568.9% | 15.3% | ||
| Q1 24 | 2088.6% | 15.5% |
现金转化率AVBBHM
| Q4 25 | 2.41× | — | ||
| Q3 25 | 1.25× | — | ||
| Q2 25 | 1.41× | — | ||
| Q1 25 | 1.76× | — | ||
| Q4 24 | 1.17× | — | ||
| Q3 24 | 1.31× | 0.47× | ||
| Q2 24 | 1.50× | — | ||
| Q1 24 | 2.38× | — |
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
AVB
暂无分部数据
BHM
| Residential Communities Segment | $11.4M | 61% |
| Scattered Single Family Homes Segment | $7.5M | 39% |
