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AvalonBay Communities（AVB）与Liberty Energy Inc.（LBRT）财务数据对比。点击上方公司名可切换其他公司
Liberty Energy Inc.的季度营收约是AvalonBay Communities的1.3倍（$1.0B vs $767.9M），AvalonBay Communities净利率更高（9040.6% vs 2.2%，领先9038.4%），Liberty Energy Inc.同比增速更快（4.5% vs 3.7%），过去两年AvalonBay Communities的营收复合增速更高（3.8% vs -6.2%）
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。
Liberty Energy Inc.是北美领先的能源服务供应商，专注为油气运营企业提供水力压裂及完井解决方案，服务覆盖美国主要页岩产区，供应低排放作业设备及定制化支持，帮助提升油气井生产效率。
AVB vs LBRT — 直观对比
营收规模更大
LBRT
是对方的1.3倍
$767.9M
营收增速更快
LBRT
高出0.8%
3.7%
净利率更高
AVB
高出9038.4%
2.2%
两年增速更快
AVB
近两年复合增速
-6.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $767.9M | $1.0B |
| 净利润 | $166.0M | $22.6M |
| 毛利率 | — | — |
| 营业利润率 | 64.2% | 2.2% |
| 净利率 | 9040.6% | 2.2% |
| 营收同比 | 3.7% | 4.5% |
| 净利润同比 | -41.2% | — |
| 每股收益（稀释后） | $1.18 | $0.14 |
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AVBLBRT
| Q1 26 | — | $1.0B | ||
| Q4 25 | $767.9M | $1.0B | ||
| Q3 25 | $766.8M | $947.4M | ||
| Q2 25 | $760.2M | $1.0B | ||
| Q1 25 | $745.9M | $977.5M | ||
| Q4 24 | $740.5M | $943.6M | ||
| Q3 24 | $734.3M | $1.1B | ||
| Q2 24 | $726.0M | $1.2B |
净利润AVBLBRT
| Q1 26 | — | $22.6M | ||
| Q4 25 | $166.0M | $13.7M | ||
| Q3 25 | $381.3M | $43.1M | ||
| Q2 25 | $268.7M | $71.0M | ||
| Q1 25 | $236.6M | $20.1M | ||
| Q4 24 | $282.1M | $51.9M | ||
| Q3 24 | $372.5M | $73.8M | ||
| Q2 24 | $253.9M | $108.4M |
毛利率AVBLBRT
| Q1 26 | — | — | ||
| Q4 25 | — | 20.6% | ||
| Q3 25 | — | 18.7% | ||
| Q2 25 | — | 22.1% | ||
| Q1 25 | — | 22.1% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | — | 26.2% | ||
| Q2 24 | — | 27.9% |
营业利润率AVBLBRT
| Q1 26 | — | 2.2% | ||
| Q4 25 | 64.2% | 1.9% | ||
| Q3 25 | 65.7% | -0.3% | ||
| Q2 25 | 67.6% | 3.6% | ||
| Q1 25 | 68.5% | 1.9% | ||
| Q4 24 | 63.1% | 2.6% | ||
| Q3 24 | 65.4% | 9.4% | ||
| Q2 24 | 66.6% | 12.2% |
净利率AVBLBRT
| Q1 26 | — | 2.2% | ||
| Q4 25 | 9040.6% | 1.3% | ||
| Q3 25 | 49.7% | 4.5% | ||
| Q2 25 | 35.3% | 6.8% | ||
| Q1 25 | 31.7% | 2.1% | ||
| Q4 24 | 38.1% | 5.5% | ||
| Q3 24 | 50.7% | 6.5% | ||
| Q2 24 | 35.0% | 9.3% |
每股收益（稀释后）AVBLBRT
| Q1 26 | — | $0.14 | ||
| Q4 25 | $1.18 | $0.08 | ||
| Q3 25 | $2.68 | $0.26 | ||
| Q2 25 | $1.88 | $0.43 | ||
| Q1 25 | $1.66 | $0.12 | ||
| Q4 24 | $1.99 | $0.31 | ||
| Q3 24 | $2.61 | $0.44 | ||
| Q2 24 | $1.78 | $0.64 |
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 | $699.1M |
| 总债务越低越好 | $9.3B | $7.1M |
| 股东权益账面价值 | $11.6B | $1.9B |
| 总资产 | $22.2B | $4.4B |
| 负债/权益比越低杠杆越低 | 0.80× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资AVBLBRT
| Q1 26 | — | $699.1M | ||
| Q4 25 | $187.2M | $27.6M | ||
| Q3 25 | $123.3M | $13.5M | ||
| Q2 25 | $102.8M | $19.6M | ||
| Q1 25 | $53.3M | $24.1M | ||
| Q4 24 | $108.6M | $20.0M | ||
| Q3 24 | $552.4M | $23.0M | ||
| Q2 24 | $545.8M | $30.0M |
总债务AVBLBRT
| Q1 26 | — | $7.1M | ||
| Q4 25 | $9.3B | $246.6M | ||
| Q3 25 | $8.7B | — | ||
| Q2 25 | $8.7B | — | ||
| Q1 25 | $8.3B | — | ||
| Q4 24 | $8.1B | $190.5M | ||
| Q3 24 | $8.4B | — | ||
| Q2 24 | $8.4B | — |
股东权益AVBLBRT
| Q1 26 | — | $1.9B | ||
| Q4 25 | $11.6B | $2.1B | ||
| Q3 25 | $11.9B | $2.1B | ||
| Q2 25 | $11.9B | $2.0B | ||
| Q1 25 | $11.9B | $2.0B | ||
| Q4 24 | $11.9B | $2.0B | ||
| Q3 24 | $11.9B | $2.0B | ||
| Q2 24 | $11.7B | $1.9B |
总资产AVBLBRT
| Q1 26 | — | $4.4B | ||
| Q4 25 | $22.2B | $3.6B | ||
| Q3 25 | $21.9B | $3.5B | ||
| Q2 25 | $21.8B | $3.4B | ||
| Q1 25 | $21.2B | $3.4B | ||
| Q4 24 | $21.0B | $3.3B | ||
| Q3 24 | $21.3B | $3.3B | ||
| Q2 24 | $21.0B | $3.2B |
负债/权益比AVBLBRT
| Q1 26 | — | 0.00× | ||
| Q4 25 | 0.80× | 0.12× | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.70× | — | ||
| Q4 24 | 0.68× | 0.10× | ||
| Q3 24 | 0.70× | — | ||
| Q2 24 | 0.71× | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $1.4B | — |
| 自由现金流率自由现金流/营收 | 183.5% | — |
| 资本支出强度资本支出/营收 | 34.1% | 13.1% |
| 现金转化率经营现金流/净利润 | 10.07× | — |
| 过去12个月自由现金流最近4个季度 | $2.5B | — |
8季度趋势，按日历期对齐
经营现金流AVBLBRT
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $195.4M | ||
| Q3 25 | $477.0M | $51.5M | ||
| Q2 25 | $377.8M | $170.6M | ||
| Q1 25 | $415.9M | $192.1M | ||
| Q4 24 | $1.6B | $177.3M | ||
| Q3 24 | $486.2M | $244.5M | ||
| Q2 24 | $380.0M | $248.2M |
自由现金流AVBLBRT
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | $-10.0M | ||
| Q3 25 | $402.2M | $-67.2M | ||
| Q2 25 | $317.1M | $33.1M | ||
| Q1 25 | $367.5M | $58.2M | ||
| Q4 24 | $1.4B | $-26.2M | ||
| Q3 24 | $434.2M | $77.9M | ||
| Q2 24 | $333.0M | $112.2M |
自由现金流率AVBLBRT
| Q1 26 | — | — | ||
| Q4 25 | 183.5% | -1.0% | ||
| Q3 25 | 52.5% | -7.1% | ||
| Q2 25 | 41.7% | 3.2% | ||
| Q1 25 | 49.3% | 6.0% | ||
| Q4 24 | 191.0% | -2.8% | ||
| Q3 24 | 59.1% | 6.8% | ||
| Q2 24 | 45.9% | 9.7% |
资本支出强度AVBLBRT
| Q1 26 | — | 13.1% | ||
| Q4 25 | 34.1% | 19.8% | ||
| Q3 25 | 9.8% | 12.5% | ||
| Q2 25 | 8.0% | 13.2% | ||
| Q1 25 | 6.5% | 13.7% | ||
| Q4 24 | 26.1% | 21.6% | ||
| Q3 24 | 7.1% | 14.6% | ||
| Q2 24 | 6.5% | 11.7% |
现金转化率AVBLBRT
| Q1 26 | — | — | ||
| Q4 25 | 10.07× | 14.28× | ||
| Q3 25 | 1.25× | 1.20× | ||
| Q2 25 | 1.41× | 2.40× | ||
| Q1 25 | 1.76× | 9.55× | ||
| Q4 24 | 5.70× | 3.42× | ||
| Q3 24 | 1.31× | 3.31× | ||
| Q2 24 | 1.50× | 2.29× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
