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AvalonBay Communities（AVB）与罗技（LOGI）财务数据对比。点击上方公司名可切换其他公司
罗技的季度营收约是AvalonBay Communities的1.9倍（$1.4B vs $767.9M），AvalonBay Communities净利率更高（9040.6% vs 17.7%，领先9022.9%），罗技同比增速更快（6.1% vs 3.7%），AvalonBay Communities自由现金流更多（$1.4B vs $465.6M），过去两年罗技的营收复合增速更高（18.5% 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。
罗技国际是总部位于瑞士洛桑的跨国企业，专注于计算机外设及相关软件的研发与生产，在欧洲、亚洲、大洋洲、美洲均设有分支机构，为瑞士市场指数成分股，同时在纳斯达克交易所挂牌上市。
AVB vs LOGI — 直观对比
营收规模更大
LOGI
是对方的1.9倍
$767.9M
营收增速更快
LOGI
高出2.4%
3.7%
净利率更高
AVB
高出9022.9%
17.7%
自由现金流更多
AVB
多$943.7M
$465.6M
两年增速更快
LOGI
近两年复合增速
3.8%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $767.9M | $1.4B |
| 净利润 | $166.0M | $251.0M |
| 毛利率 | — | 43.2% |
| 营业利润率 | 64.2% | 20.1% |
| 净利率 | 9040.6% | 17.7% |
| 营收同比 | 3.7% | 6.1% |
| 净利润同比 | -41.2% | 25.4% |
| 每股收益（稀释后） | $1.18 | $1.69 |
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AVBLOGI
| Q4 25 | $767.9M | $1.4B | ||
| Q3 25 | $766.8M | $1.2B | ||
| Q2 25 | $760.2M | $1.1B | ||
| Q1 25 | $745.9M | $1.0B | ||
| Q4 24 | $740.5M | $1.3B | ||
| Q3 24 | $734.3M | $1.1B | ||
| Q2 24 | $726.0M | $1.1B | ||
| Q1 24 | $712.9M | $1.0B |
净利润AVBLOGI
| Q4 25 | $166.0M | $251.0M | ||
| Q3 25 | $381.3M | $170.7M | ||
| Q2 25 | $268.7M | $146.0M | ||
| Q1 25 | $236.6M | $144.1M | ||
| Q4 24 | $282.1M | $200.1M | ||
| Q3 24 | $372.5M | $145.5M | ||
| Q2 24 | $253.9M | $141.8M | ||
| Q1 24 | $173.4M | $167.6M |
毛利率AVBLOGI
| Q4 25 | — | 43.2% | ||
| Q3 25 | — | 43.4% | ||
| Q2 25 | — | 41.7% | ||
| Q1 25 | — | 43.1% | ||
| Q4 24 | — | 42.9% | ||
| Q3 24 | — | 43.6% | ||
| Q2 24 | — | 42.8% | ||
| Q1 24 | — | 43.2% |
营业利润率AVBLOGI
| Q4 25 | 64.2% | 20.1% | ||
| Q3 25 | 65.7% | 16.1% | ||
| Q2 25 | 67.6% | 14.1% | ||
| Q1 25 | 68.5% | 10.5% | ||
| Q4 24 | 63.1% | 17.5% | ||
| Q3 24 | 65.4% | 14.4% | ||
| Q2 24 | 66.6% | 14.1% | ||
| Q1 24 | 67.2% | 12.9% |
净利率AVBLOGI
| Q4 25 | 9040.6% | 17.7% | ||
| Q3 25 | 49.7% | 14.4% | ||
| Q2 25 | 35.3% | 12.7% | ||
| Q1 25 | 31.7% | 14.3% | ||
| Q4 24 | 38.1% | 14.9% | ||
| Q3 24 | 50.7% | 13.0% | ||
| Q2 24 | 35.0% | 13.0% | ||
| Q1 24 | 24.3% | 16.6% |
每股收益（稀释后）AVBLOGI
| Q4 25 | $1.18 | $1.69 | ||
| Q3 25 | $2.68 | $1.15 | ||
| Q2 25 | $1.88 | $0.98 | ||
| Q1 25 | $1.66 | $0.94 | ||
| Q4 24 | $1.99 | $1.32 | ||
| Q3 24 | $2.61 | $0.95 | ||
| Q2 24 | $1.78 | $0.92 | ||
| Q1 24 | $1.22 | $1.07 |
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 | $1.8B |
| 总债务越低越好 | $9.3B | — |
| 股东权益账面价值 | $11.6B | $2.3B |
| 总资产 | $22.2B | $4.1B |
| 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AVBLOGI
| Q4 25 | $187.2M | $1.8B | ||
| Q3 25 | $123.3M | $1.4B | ||
| Q2 25 | $102.8M | $1.5B | ||
| Q1 25 | $53.3M | $1.5B | ||
| Q4 24 | $108.6M | $1.5B | ||
| Q3 24 | $552.4M | $1.4B | ||
| Q2 24 | $545.8M | $1.5B | ||
| Q1 24 | $287.9M | $1.5B |
总债务AVBLOGI
| 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AVBLOGI
| Q4 25 | $11.6B | $2.3B | ||
| Q3 25 | $11.9B | $2.1B | ||
| Q2 25 | $11.9B | $2.2B | ||
| Q1 25 | $11.9B | $2.1B | ||
| Q4 24 | $11.9B | $2.1B | ||
| Q3 24 | $11.9B | $2.1B | ||
| Q2 24 | $11.7B | $2.2B | ||
| Q1 24 | $11.7B | $2.2B |
总资产AVBLOGI
| Q4 25 | $22.2B | $4.1B | ||
| Q3 25 | $21.9B | $3.7B | ||
| Q2 25 | $21.8B | $3.7B | ||
| Q1 25 | $21.2B | $3.5B | ||
| Q4 24 | $21.0B | $3.7B | ||
| Q3 24 | $21.3B | $3.6B | ||
| Q2 24 | $21.0B | $3.7B | ||
| Q1 24 | $20.6B | $3.6B |
负债/权益比AVBLOGI
| 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 | $480.5M |
| 自由现金流经营现金流 - 资本支出 | $1.4B | $465.6M |
| 自由现金流率自由现金流/营收 | 183.5% | 32.8% |
| 资本支出强度资本支出/营收 | 34.1% | 1.0% |
| 现金转化率经营现金流/净利润 | 10.07× | 1.91× |
| 过去12个月自由现金流最近4个季度 | $2.5B | $903.6M |
8季度趋势，按日历期对齐
经营现金流AVBLOGI
| Q4 25 | $1.7B | $480.5M | ||
| Q3 25 | $477.0M | $228.8M | ||
| Q2 25 | $377.8M | $125.0M | ||
| Q1 25 | $415.9M | $129.7M | ||
| Q4 24 | $1.6B | $370.9M | ||
| Q3 24 | $486.2M | $166.0M | ||
| Q2 24 | $380.0M | $176.0M | ||
| Q1 24 | $412.9M | $239.1M |
自由现金流AVBLOGI
| Q4 25 | $1.4B | $465.6M | ||
| Q3 25 | $402.2M | $212.3M | ||
| Q2 25 | $317.1M | $108.8M | ||
| Q1 25 | $367.5M | $116.9M | ||
| Q4 24 | $1.4B | $356.6M | ||
| Q3 24 | $434.2M | $151.5M | ||
| Q2 24 | $333.0M | $161.4M | ||
| Q1 24 | $375.4M | $228.8M |
自由现金流率AVBLOGI
| Q4 25 | 183.5% | 32.8% | ||
| Q3 25 | 52.5% | 17.9% | ||
| Q2 25 | 41.7% | 9.5% | ||
| Q1 25 | 49.3% | 11.6% | ||
| Q4 24 | 191.0% | 26.6% | ||
| Q3 24 | 59.1% | 13.6% | ||
| Q2 24 | 45.9% | 14.8% | ||
| Q1 24 | 52.7% | 22.6% |
资本支出强度AVBLOGI
| Q4 25 | 34.1% | 1.0% | ||
| Q3 25 | 9.8% | 1.4% | ||
| Q2 25 | 8.0% | 1.4% | ||
| Q1 25 | 6.5% | 1.3% | ||
| Q4 24 | 26.1% | 1.1% | ||
| Q3 24 | 7.1% | 1.3% | ||
| Q2 24 | 6.5% | 1.3% | ||
| Q1 24 | 5.3% | 1.0% |
现金转化率AVBLOGI
| Q4 25 | 10.07× | 1.91× | ||
| Q3 25 | 1.25× | 1.34× | ||
| Q2 25 | 1.41× | 0.86× | ||
| Q1 25 | 1.76× | 0.90× | ||
| Q4 24 | 5.70× | 1.85× | ||
| Q3 24 | 1.31× | 1.14× | ||
| Q2 24 | 1.50× | 1.24× | ||
| Q1 24 | 2.38× | 1.43× |
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
LOGI
| Retail Gaming | $482.7M | 34% |
| Retail Keyboards Desktops | $254.6M | 18% |
| Retail Pointing Devices | $241.2M | 17% |
| Retail Video Collaboration | $193.3M | 14% |
| Retail Tablet And Other Accessories | $93.6M | 7% |
| Retail Webcams | $82.3M | 6% |
| Retail Headsets | $45.9M | 3% |
| Other Retail Products | $28.0M | 2% |
