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AvalonBay Communities（AVB）与IES Holdings, Inc.（IESC）财务数据对比。点击上方公司名可切换其他公司
IES Holdings, Inc.的季度营收约是AvalonBay Communities的1.1倍（$871.0M vs $767.9M），AvalonBay Communities净利率更高（9040.6% vs 10.5%，领先9030.0%），IES Holdings, Inc.同比增速更快（16.2% vs 3.7%），AvalonBay Communities自由现金流更多（$1.4B vs $-18.9M），过去两年IES Holdings, Inc.的营收复合增速更高（11.1% vs 3.8%）
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。
IES Holdings, Inc.前身为Integrated Electrical Services, Inc.，主营业务为集成电气及技术系统的设计与安装，同时面向数据中心、住宅、商业和工业设施等多元终端市场提供基础设施类产品及相关服务。
AVB vs IESC — 直观对比
营收规模更大
IESC
是对方的1.1倍
$767.9M
营收增速更快
IESC
高出12.5%
3.7%
净利率更高
AVB
高出9030.0%
10.5%
自由现金流更多
AVB
多$1.4B
$-18.9M
两年增速更快
IESC
近两年复合增速
3.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $767.9M | $871.0M |
| 净利润 | $166.0M | $91.8M |
| 毛利率 | — | 25.3% |
| 营业利润率 | 64.2% | 11.2% |
| 净利率 | 9040.6% | 10.5% |
| 营收同比 | 3.7% | 16.2% |
| 净利润同比 | -41.2% | 59.1% |
| 每股收益（稀释后） | $1.18 | $4.51 |
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AVBIESC
| Q4 25 | $767.9M | $871.0M | ||
| Q3 25 | $766.8M | $897.8M | ||
| Q2 25 | $760.2M | $890.2M | ||
| Q1 25 | $745.9M | $834.0M | ||
| Q4 24 | $740.5M | $749.5M | ||
| Q3 24 | $734.3M | $775.8M | ||
| Q2 24 | $726.0M | $768.4M | ||
| Q1 24 | $712.9M | $705.7M |
净利润AVBIESC
| Q4 25 | $166.0M | $91.8M | ||
| Q3 25 | $381.3M | $102.3M | ||
| Q2 25 | $268.7M | $79.3M | ||
| Q1 25 | $236.6M | $72.6M | ||
| Q4 24 | $282.1M | $57.7M | ||
| Q3 24 | $372.5M | $65.5M | ||
| Q2 24 | $253.9M | $66.6M | ||
| Q1 24 | $173.4M | $56.8M |
毛利率AVBIESC
| Q4 25 | — | 25.3% | ||
| Q3 25 | — | 26.0% | ||
| Q2 25 | — | 26.9% | ||
| Q1 25 | — | 25.0% | ||
| Q4 24 | — | 23.8% | ||
| Q3 24 | — | 24.0% | ||
| Q2 24 | — | 25.3% | ||
| Q1 24 | — | 24.3% |
营业利润率AVBIESC
| Q4 25 | 64.2% | 11.2% | ||
| Q3 25 | 65.7% | 11.6% | ||
| Q2 25 | 67.6% | 12.6% | ||
| Q1 25 | 68.5% | 11.1% | ||
| Q4 24 | 63.1% | 10.0% | ||
| Q3 24 | 65.4% | 9.7% | ||
| Q2 24 | 66.6% | 11.7% | ||
| Q1 24 | 67.2% | 11.0% |
净利率AVBIESC
| Q4 25 | 9040.6% | 10.5% | ||
| Q3 25 | 49.7% | 11.4% | ||
| Q2 25 | 35.3% | 8.9% | ||
| Q1 25 | 31.7% | 8.7% | ||
| Q4 24 | 38.1% | 7.7% | ||
| Q3 24 | 50.7% | 8.4% | ||
| Q2 24 | 35.0% | 8.7% | ||
| Q1 24 | 24.3% | 8.0% |
每股收益（稀释后）AVBIESC
| Q4 25 | $1.18 | $4.51 | ||
| Q3 25 | $2.68 | $4.99 | ||
| Q2 25 | $1.88 | $3.81 | ||
| Q1 25 | $1.66 | $3.50 | ||
| Q4 24 | $1.99 | $2.72 | ||
| Q3 24 | $2.61 | $3.06 | ||
| Q2 24 | $1.78 | $2.67 | ||
| Q1 24 | $1.22 | $2.29 |
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 | $258.7M |
| 总债务越低越好 | $9.3B | — |
| 股东权益账面价值 | $11.6B | $961.1M |
| 总资产 | $22.2B | $1.7B |
| 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AVBIESC
| Q4 25 | $187.2M | $258.7M | ||
| Q3 25 | $123.3M | $231.8M | ||
| Q2 25 | $102.8M | $168.3M | ||
| Q1 25 | $53.3M | $88.3M | ||
| Q4 24 | $108.6M | $112.0M | ||
| Q3 24 | $552.4M | $135.8M | ||
| Q2 24 | $545.8M | $44.9M | ||
| Q1 24 | $287.9M | $106.0M |
总债务AVBIESC
| Q4 25 | $9.3B | — | ||
| Q3 25 | $8.7B | — | ||
| Q2 25 | $8.7B | — | ||
| Q1 25 | $8.3B | — | ||
| Q4 24 | $8.1B | — | ||
| Q3 24 | $8.4B | — | ||
| Q2 24 | $8.4B | — | ||
| Q1 24 | $8.0B | — |
股东权益AVBIESC
| Q4 25 | $11.6B | $961.1M | ||
| Q3 25 | $11.9B | $884.0M | ||
| Q2 25 | $11.9B | $781.4M | ||
| Q1 25 | $11.9B | $705.8M | ||
| Q4 24 | $11.9B | $652.4M | ||
| Q3 24 | $11.9B | $611.1M | ||
| Q2 24 | $11.7B | $567.5M | ||
| Q1 24 | $11.7B | $534.8M |
总资产AVBIESC
| Q4 25 | $22.2B | $1.7B | ||
| Q3 25 | $21.9B | $1.6B | ||
| Q2 25 | $21.8B | $1.5B | ||
| Q1 25 | $21.2B | $1.4B | ||
| Q4 24 | $21.0B | $1.3B | ||
| Q3 24 | $21.3B | $1.2B | ||
| Q2 24 | $21.0B | $1.2B | ||
| Q1 24 | $20.6B | $1.1B |
负债/权益比AVBIESC
| Q4 25 | 0.80× | — | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.70× | — | ||
| Q4 24 | 0.68× | — | ||
| Q3 24 | 0.70× | — | ||
| Q2 24 | 0.71× | — | ||
| Q1 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 | $1.7B | $27.7M |
| 自由现金流经营现金流 - 资本支出 | $1.4B | $-18.9M |
| 自由现金流率自由现金流/营收 | 183.5% | -2.2% |
| 资本支出强度资本支出/营收 | 34.1% | 5.3% |
| 现金转化率经营现金流/净利润 | 10.07× | 0.30× |
| 过去12个月自由现金流最近4个季度 | $2.5B | $175.9M |
8季度趋势，按日历期对齐
经营现金流AVBIESC
| Q4 25 | $1.7B | $27.7M | ||
| Q3 25 | $477.0M | $132.0M | ||
| Q2 25 | $377.8M | $92.0M | ||
| Q1 25 | $415.9M | $24.8M | ||
| Q4 24 | $1.6B | $37.3M | ||
| Q3 24 | $486.2M | $92.8M | ||
| Q2 24 | $380.0M | $82.9M | ||
| Q1 24 | $412.9M | $33.7M |
自由现金流AVBIESC
| Q4 25 | $1.4B | $-18.9M | ||
| Q3 25 | $402.2M | $112.0M | ||
| Q2 25 | $317.1M | $74.8M | ||
| Q1 25 | $367.5M | $7.9M | ||
| Q4 24 | $1.4B | $24.1M | ||
| Q3 24 | $434.2M | $78.5M | ||
| Q2 24 | $333.0M | $65.4M | ||
| Q1 24 | $375.4M | $26.9M |
自由现金流率AVBIESC
| Q4 25 | 183.5% | -2.2% | ||
| Q3 25 | 52.5% | 12.5% | ||
| Q2 25 | 41.7% | 8.4% | ||
| Q1 25 | 49.3% | 0.9% | ||
| Q4 24 | 191.0% | 3.2% | ||
| Q3 24 | 59.1% | 10.1% | ||
| Q2 24 | 45.9% | 8.5% | ||
| Q1 24 | 52.7% | 3.8% |
资本支出强度AVBIESC
| Q4 25 | 34.1% | 5.3% | ||
| Q3 25 | 9.8% | 2.2% | ||
| Q2 25 | 8.0% | 1.9% | ||
| Q1 25 | 6.5% | 2.0% | ||
| Q4 24 | 26.1% | 1.8% | ||
| Q3 24 | 7.1% | 1.8% | ||
| Q2 24 | 6.5% | 2.3% | ||
| Q1 24 | 5.3% | 1.0% |
现金转化率AVBIESC
| Q4 25 | 10.07× | 0.30× | ||
| Q3 25 | 1.25× | 1.29× | ||
| Q2 25 | 1.41× | 1.16× | ||
| Q1 25 | 1.76× | 0.34× | ||
| Q4 24 | 5.70× | 0.65× | ||
| Q3 24 | 1.31× | 1.42× | ||
| Q2 24 | 1.50× | 1.24× | ||
| Q1 24 | 2.38× | 0.59× |
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
IESC
| Communications | $351.9M | 40% |
| Single Family Electrical Contracts | $137.0M | 16% |
| Custom Engineered Solutions | $116.0M | 13% |
| Commercialand Industrial | $94.8M | 11% |
| Single Family Contracts Plumbing HVAC | $82.9M | 10% |
| Multi Familyand Other | $64.2M | 7% |
| Industrial Services | $24.2M | 3% |
