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AvalonBay Communities（AVB）与Gaming & Leisure Properties, Inc.（GLPI）财务数据对比。点击上方公司名可切换其他公司
Gaming & Leisure Properties, Inc.的季度营收约是AvalonBay Communities的228.8倍（$420.0M vs $1.8M）。AvalonBay Communities净利率更高（9040.6% vs 57.0%，领先8983.6%）。Gaming & Leisure Properties, Inc.同比增速更快（6.3% vs 5.5%）。过去两年Gaming & Leisure Properties, Inc.的营收复合增速更高（5.0% 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。
博彩与休闲地产公司（GLPI）是一家专注于赌场物业的房地产投资信托（REIT），总部位于宾夕法尼亚州怀奥米辛。公司于2013年11月从宾州国民娱乐分拆成立，目前持有62处赌场物业，全部对外出租给其他企业运营。
AVB vs GLPI — 直观对比
营收规模更大
GLPI
是对方的228.8倍
$1.8M
营收增速更快
GLPI
高出0.8%
5.5%
净利率更高
AVB
高出8983.6%
57.0%
两年增速更快
GLPI
近两年复合增速
1.1%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $1.8M | $420.0M |
| 净利润 | $166.0M | $239.4M |
| 毛利率 | — | — |
| 营业利润率 | — | 79.4% |
| 净利率 | 9040.6% | 57.0% |
| 营收同比 | 5.5% | 6.3% |
| 净利润同比 | -41.2% | 40.5% |
| 每股收益（稀释后） | $1.18 | — |
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AVBGLPI
| Q1 26 | — | $420.0M | ||
| Q4 25 | $1.8M | $407.0M | ||
| Q3 25 | $1.9M | $397.6M | ||
| Q2 25 | $1.6M | $394.9M | ||
| Q1 25 | $1.7M | $395.2M | ||
| Q4 24 | $1.7M | $389.6M | ||
| Q3 24 | $1.7M | $385.3M | ||
| Q2 24 | $1.8M | $380.6M |
净利润AVBGLPI
| Q1 26 | — | $239.4M | ||
| Q4 25 | $166.0M | $267.3M | ||
| Q3 25 | $381.3M | $241.2M | ||
| Q2 25 | $268.7M | $151.4M | ||
| Q1 25 | $236.6M | $165.2M | ||
| Q4 24 | $282.1M | $217.2M | ||
| Q3 24 | $372.5M | $184.7M | ||
| Q2 24 | $253.9M | $208.3M |
营业利润率AVBGLPI
| Q1 26 | — | 79.4% | ||
| Q4 25 | — | 89.3% | ||
| Q3 25 | — | 84.8% | ||
| Q2 25 | — | 61.3% | ||
| Q1 25 | — | 65.5% | ||
| Q4 24 | — | 79.1% | ||
| Q3 24 | — | 70.4% | ||
| Q2 24 | — | 77.1% |
净利率AVBGLPI
| Q1 26 | — | 57.0% | ||
| Q4 25 | 9040.6% | 65.7% | ||
| Q3 25 | 20390.7% | 60.7% | ||
| Q2 25 | 16854.8% | 38.4% | ||
| Q1 25 | 13581.9% | 41.8% | ||
| Q4 24 | 16212.2% | 55.8% | ||
| Q3 24 | 21708.6% | 47.9% | ||
| Q2 24 | 13876.2% | 54.7% |
每股收益（稀释后）AVBGLPI
| Q1 26 | — | — | ||
| Q4 25 | $1.18 | $0.96 | ||
| Q3 25 | $2.68 | $0.85 | ||
| Q2 25 | $1.88 | $0.54 | ||
| Q1 25 | $1.66 | $0.60 | ||
| Q4 24 | $1.99 | $0.79 | ||
| Q3 24 | $2.61 | $0.67 | ||
| Q2 24 | $1.78 | $0.77 |
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 | $274.5M |
| 总债务越低越好 | $9.3B | — |
| 股东权益账面价值 | $11.6B | $5.0B |
| 总资产 | $22.2B | $13.8B |
| 负债/权益比越低杠杆越低 | 0.80× | — |
8季度趋势，按日历期对齐
现金及短期投资AVBGLPI
| Q1 26 | — | $274.5M | ||
| Q4 25 | $187.2M | — | ||
| Q3 25 | $123.3M | — | ||
| Q2 25 | $102.8M | — | ||
| Q1 25 | $53.3M | — | ||
| Q4 24 | $108.6M | $560.8M | ||
| Q3 24 | $552.4M | $554.1M | ||
| Q2 24 | $545.8M | $347.8M |
总债务AVBGLPI
| Q1 26 | — | — | ||
| Q4 25 | $9.3B | $7.2B | ||
| Q3 25 | $8.7B | $7.2B | ||
| Q2 25 | $8.7B | $6.9B | ||
| Q1 25 | $8.3B | $6.9B | ||
| Q4 24 | $8.1B | $7.7B | ||
| Q3 24 | $8.4B | $7.4B | ||
| Q2 24 | $8.4B | $6.6B |
股东权益AVBGLPI
| Q1 26 | — | $5.0B | ||
| Q4 25 | $11.6B | $4.6B | ||
| Q3 25 | $11.9B | $4.6B | ||
| Q2 25 | $11.9B | $4.6B | ||
| Q1 25 | $11.9B | $4.2B | ||
| Q4 24 | $11.9B | $4.3B | ||
| Q3 24 | $11.9B | $4.3B | ||
| Q2 24 | $11.7B | $4.1B |
总资产AVBGLPI
| Q1 26 | — | $13.8B | ||
| Q4 25 | $22.2B | $12.9B | ||
| Q3 25 | $21.9B | $12.8B | ||
| Q2 25 | $21.8B | $12.5B | ||
| Q1 25 | $21.2B | $12.1B | ||
| Q4 24 | $21.0B | $13.1B | ||
| Q3 24 | $21.3B | $12.7B | ||
| Q2 24 | $21.0B | $11.8B |
负债/权益比AVBGLPI
| Q1 26 | — | — | ||
| Q4 25 | 0.80× | 1.56× | ||
| Q3 25 | 0.73× | 1.57× | ||
| Q2 25 | 0.72× | 1.51× | ||
| Q1 25 | 0.70× | 1.63× | ||
| Q4 24 | 0.68× | 1.81× | ||
| Q3 24 | 0.70× | 1.74× | ||
| Q2 24 | 0.71× | 1.60× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $322.5M | — |
| 自由现金流率自由现金流/营收 | 17563.8% | — |
| 资本支出强度资本支出/营收 | 4246.2% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流AVBGLPI
| Q1 26 | — | — | ||
| Q4 25 | $400.4M | $343.2M | ||
| Q3 25 | $477.0M | $240.3M | ||
| Q2 25 | $377.8M | $293.4M | ||
| Q1 25 | $415.9M | $252.5M | ||
| Q4 24 | $328.8M | $292.4M | ||
| Q3 24 | $486.2M | $270.4M | ||
| Q2 24 | $380.0M | $252.1M |
自由现金流AVBGLPI
| Q1 26 | — | — | ||
| Q4 25 | $322.5M | — | ||
| Q3 25 | $402.2M | $183.0M | ||
| Q2 25 | $317.1M | $272.3M | ||
| Q1 25 | $367.5M | $239.6M | ||
| Q4 24 | $271.9M | $276.6M | ||
| Q3 24 | $434.2M | $261.5M | ||
| Q2 24 | $333.0M | $245.0M |
自由现金流率AVBGLPI
| Q1 26 | — | — | ||
| Q4 25 | 17563.8% | — | ||
| Q3 25 | 21507.4% | 46.0% | ||
| Q2 25 | 19896.0% | 69.0% | ||
| Q1 25 | 21098.3% | 60.6% | ||
| Q4 24 | 15626.2% | 71.0% | ||
| Q3 24 | 25305.2% | 67.9% | ||
| Q2 24 | 18195.7% | 64.4% |
资本支出强度AVBGLPI
| Q1 26 | — | — | ||
| Q4 25 | 4246.2% | — | ||
| Q3 25 | 3998.4% | 14.4% | ||
| Q2 25 | 3806.1% | 5.3% | ||
| Q1 25 | 2776.7% | 3.3% | ||
| Q4 24 | 3271.1% | 4.1% | ||
| Q3 24 | 3026.3% | 2.3% | ||
| Q2 24 | 2568.9% | 1.9% |
现金转化率AVBGLPI
| Q1 26 | — | — | ||
| Q4 25 | 2.41× | 1.28× | ||
| Q3 25 | 1.25× | 1.00× | ||
| Q2 25 | 1.41× | 1.94× | ||
| Q1 25 | 1.76× | 1.53× | ||
| Q4 24 | 1.17× | 1.35× | ||
| Q3 24 | 1.31× | 1.46× | ||
| Q2 24 | 1.50× | 1.21× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
