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AvalonBay Communities（AVB）与诺唯真游轮控股（LINE）财务数据对比。点击上方公司名可切换其他公司
诺唯真游轮控股的季度营收约是AvalonBay Communities的1.8倍（$1.4B vs $767.9M），AvalonBay Communities净利率更高（9040.6% vs -7.3%，领先9047.8%），AvalonBay Communities同比增速更快（3.7% vs 3.1%），AvalonBay Communities自由现金流更多（$1.4B vs $35.0M）
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。
诺唯真游轮控股是一家总部位于美国、注册地为百慕大的企业，旗下全资运营诺唯真游轮、大洋游轮、丽晶七海游轮三大品牌，合并业务规模位列全球游轮运营商第三位，目前在纽约证券交易所挂牌上市。
AVB vs LINE — 直观对比
营收规模更大
LINE
是对方的1.8倍
$767.9M
营收增速更快
AVB
高出0.5%
3.1%
净利率更高
AVB
高出9047.8%
-7.3%
自由现金流更多
AVB
多$1.4B
$35.0M
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $767.9M | $1.4B |
| 净利润 | $166.0M | $-100.0M |
| 毛利率 | — | 32.3% |
| 营业利润率 | 64.2% | 2.5% |
| 净利率 | 9040.6% | -7.3% |
| 营收同比 | 3.7% | 3.1% |
| 净利润同比 | -41.2% | 79.4% |
| 每股收益（稀释后） | $1.18 | $-0.44 |
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AVBLINE
| Q4 25 | $767.9M | — | ||
| Q3 25 | $766.8M | $1.4B | ||
| Q2 25 | $760.2M | $1.4B | ||
| Q1 25 | $745.9M | $1.3B | ||
| Q4 24 | $740.5M | $1.3B | ||
| Q3 24 | $734.3M | $1.3B | ||
| Q2 24 | $726.0M | $1.3B | ||
| Q1 24 | $712.9M | $1.3B |
净利润AVBLINE
| Q4 25 | $166.0M | — | ||
| Q3 25 | $381.3M | $-100.0M | ||
| Q2 25 | $268.7M | $-6.0M | ||
| Q1 25 | $236.6M | $0 | ||
| Q4 24 | $282.1M | $-71.0M | ||
| Q3 24 | $372.5M | $-485.0M | ||
| Q2 24 | $253.9M | $-68.0M | ||
| Q1 24 | $173.4M | $-40.0M |
毛利率AVBLINE
| Q4 25 | — | — | ||
| Q3 25 | — | 32.3% | ||
| Q2 25 | — | 31.9% | ||
| Q1 25 | — | 32.2% | ||
| Q4 24 | — | 32.3% | ||
| Q3 24 | — | 32.8% | ||
| Q2 24 | — | 33.4% | ||
| Q1 24 | — | 33.4% |
营业利润率AVBLINE
| Q4 25 | 64.2% | — | ||
| Q3 25 | 65.7% | 2.5% | ||
| Q2 25 | 67.6% | 1.7% | ||
| Q1 25 | 68.5% | 4.3% | ||
| Q4 24 | 63.1% | -1.6% | ||
| Q3 24 | 65.4% | -38.6% | ||
| Q2 24 | 66.6% | 5.5% | ||
| Q1 24 | 67.2% | 7.6% |
净利率AVBLINE
| Q4 25 | 9040.6% | — | ||
| Q3 25 | 49.7% | -7.3% | ||
| Q2 25 | 35.3% | -0.4% | ||
| Q1 25 | 31.7% | — | ||
| Q4 24 | 38.1% | -5.3% | ||
| Q3 24 | 50.7% | -36.3% | ||
| Q2 24 | 35.0% | -5.1% | ||
| Q1 24 | 24.3% | -3.0% |
每股收益（稀释后）AVBLINE
| Q4 25 | $1.18 | — | ||
| Q3 25 | $2.68 | $-0.44 | ||
| Q2 25 | $1.88 | $-0.03 | ||
| Q1 25 | $1.66 | $0.01 | ||
| Q4 24 | $1.99 | $-0.52 | ||
| Q3 24 | $2.61 | $-2.44 | ||
| Q2 24 | $1.78 | $-0.46 | ||
| Q1 24 | $1.22 | $-0.28 |
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 | — |
| 总债务越低越好 | $9.3B | — |
| 股东权益账面价值 | $11.6B | $8.4B |
| 总资产 | $22.2B | $19.2B |
| 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AVBLINE
| Q4 25 | $187.2M | — | ||
| Q3 25 | $123.3M | — | ||
| Q2 25 | $102.8M | — | ||
| Q1 25 | $53.3M | — | ||
| Q4 24 | $108.6M | $173.0M | ||
| Q3 24 | $552.4M | $409.0M | ||
| Q2 24 | $545.8M | $73.0M | ||
| Q1 24 | $287.9M | — |
总债务AVBLINE
| 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AVBLINE
| Q4 25 | $11.6B | — | ||
| Q3 25 | $11.9B | $8.4B | ||
| Q2 25 | $11.9B | $8.6B | ||
| Q1 25 | $11.9B | $8.6B | ||
| Q4 24 | $11.9B | $8.6B | ||
| Q3 24 | $11.9B | $9.0B | ||
| Q2 24 | $11.7B | $4.9B | ||
| Q1 24 | $11.7B | $5.6B |
总资产AVBLINE
| Q4 25 | $22.2B | — | ||
| Q3 25 | $21.9B | $19.2B | ||
| Q2 25 | $21.8B | $19.4B | ||
| Q1 25 | $21.2B | $18.8B | ||
| Q4 24 | $21.0B | $18.7B | ||
| Q3 24 | $21.3B | $19.3B | ||
| Q2 24 | $21.0B | $18.8B | ||
| Q1 24 | $20.6B | — |
负债/权益比AVBLINE
| 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 | $230.0M |
| 自由现金流经营现金流 - 资本支出 | $1.4B | $35.0M |
| 自由现金流率自由现金流/营收 | 183.5% | 2.5% |
| 资本支出强度资本支出/营收 | 34.1% | 14.2% |
| 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AVBLINE
| Q4 25 | $1.7B | — | ||
| Q3 25 | $477.0M | $230.0M | ||
| Q2 25 | $377.8M | $258.0M | ||
| Q1 25 | $415.9M | $139.0M | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $486.2M | $186.0M | ||
| Q2 24 | $380.0M | $155.0M | ||
| Q1 24 | $412.9M | $105.0M |
自由现金流AVBLINE
| Q4 25 | $1.4B | — | ||
| Q3 25 | $402.2M | $35.0M | ||
| Q2 25 | $317.1M | $95.0M | ||
| Q1 25 | $367.5M | $-12.0M | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $434.2M | $33.0M | ||
| Q2 24 | $333.0M | $-31.0M | ||
| Q1 24 | $375.4M | $-42.0M |
自由现金流率AVBLINE
| Q4 25 | 183.5% | — | ||
| Q3 25 | 52.5% | 2.5% | ||
| Q2 25 | 41.7% | 7.0% | ||
| Q1 25 | 49.3% | -0.9% | ||
| Q4 24 | 191.0% | — | ||
| Q3 24 | 59.1% | 2.5% | ||
| Q2 24 | 45.9% | -2.3% | ||
| Q1 24 | 52.7% | -3.2% |
资本支出强度AVBLINE
| Q4 25 | 34.1% | — | ||
| Q3 25 | 9.8% | 14.2% | ||
| Q2 25 | 8.0% | 12.1% | ||
| Q1 25 | 6.5% | 11.7% | ||
| Q4 24 | 26.1% | — | ||
| Q3 24 | 7.1% | 11.5% | ||
| Q2 24 | 6.5% | 13.9% | ||
| Q1 24 | 5.3% | 11.1% |
现金转化率AVBLINE
| Q4 25 | 10.07× | — | ||
| Q3 25 | 1.25× | — | ||
| Q2 25 | 1.41× | — | ||
| Q1 25 | 1.76× | — | ||
| Q4 24 | 5.70× | — | ||
| Q3 24 | 1.31× | — | ||
| 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
LINE
| Warehousing Operations | $883.0M | 64% |
| Other | $308.0M | 22% |
| Warehouse Lease | $60.0M | 4% |
| Food Sales | $52.0M | 4% |
| E Commerce And Other | $46.0M | 3% |
| Railcar Lease | $23.0M | 2% |
| Service Other | $5.0M | 0% |
