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AvalonBay Communities（AVB）与美森（MATX）财务数据对比。点击上方公司名可切换其他公司
美森的季度营收约是AvalonBay Communities的1.1倍（$851.9M vs $767.9M），AvalonBay Communities净利率更高（9040.6% vs 16.8%，领先9023.8%），AvalonBay Communities同比增速更快（3.7% vs -4.3%），AvalonBay Communities自由现金流更多（$1.4B vs $42.2M），过去两年美森的营收复合增速更高（8.6% 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。
美森公司（Matson, Inc.）是美国知名航运服务企业，总部位于夏威夷州火奴鲁鲁，成立于1882年。旗下子公司美森航运主营跨太平洋海运业务，服务覆盖夏威夷、阿拉斯加、关岛、密克罗尼西亚、太平洋诸岛、中国及日本等地区。
AVB vs MATX — 直观对比
营收规模更大
MATX
是对方的1.1倍
$767.9M
营收增速更快
AVB
高出8.0%
-4.3%
净利率更高
AVB
高出9023.8%
16.8%
自由现金流更多
AVB
多$1.4B
$42.2M
两年增速更快
MATX
近两年复合增速
3.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $767.9M | $851.9M |
| 净利润 | $166.0M | $143.1M |
| 毛利率 | — | — |
| 营业利润率 | 64.2% | 16.9% |
| 净利率 | 9040.6% | 16.8% |
| 营收同比 | 3.7% | -4.3% |
| 净利润同比 | -41.2% | 11.8% |
| 每股收益（稀释后） | $1.18 | $4.47 |
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AVBMATX
| Q4 25 | $767.9M | $851.9M | ||
| Q3 25 | $766.8M | $880.1M | ||
| Q2 25 | $760.2M | $830.5M | ||
| Q1 25 | $745.9M | $782.0M | ||
| Q4 24 | $740.5M | $890.3M | ||
| Q3 24 | $734.3M | $962.0M | ||
| Q2 24 | $726.0M | $847.4M | ||
| Q1 24 | $712.9M | $722.1M |
净利润AVBMATX
| Q4 25 | $166.0M | $143.1M | ||
| Q3 25 | $381.3M | $134.7M | ||
| Q2 25 | $268.7M | $94.7M | ||
| Q1 25 | $236.6M | $72.3M | ||
| Q4 24 | $282.1M | $128.0M | ||
| Q3 24 | $372.5M | $199.1M | ||
| Q2 24 | $253.9M | $113.2M | ||
| Q1 24 | $173.4M | $36.1M |
营业利润率AVBMATX
| Q4 25 | 64.2% | 16.9% | ||
| Q3 25 | 65.7% | 18.3% | ||
| Q2 25 | 67.6% | 13.6% | ||
| Q1 25 | 68.5% | 10.5% | ||
| Q4 24 | 63.1% | 16.6% | ||
| Q3 24 | 65.4% | 25.2% | ||
| Q2 24 | 66.6% | 14.7% | ||
| Q1 24 | 67.2% | 5.1% |
净利率AVBMATX
| Q4 25 | 9040.6% | 16.8% | ||
| Q3 25 | 49.7% | 15.3% | ||
| Q2 25 | 35.3% | 11.4% | ||
| Q1 25 | 31.7% | 9.2% | ||
| Q4 24 | 38.1% | 14.4% | ||
| Q3 24 | 50.7% | 20.7% | ||
| Q2 24 | 35.0% | 13.4% | ||
| Q1 24 | 24.3% | 5.0% |
每股收益（稀释后）AVBMATX
| Q4 25 | $1.18 | $4.47 | ||
| Q3 25 | $2.68 | $4.24 | ||
| Q2 25 | $1.88 | $2.92 | ||
| Q1 25 | $1.66 | $2.18 | ||
| Q4 24 | $1.99 | $3.69 | ||
| Q3 24 | $2.61 | $5.89 | ||
| Q2 24 | $1.78 | $3.31 | ||
| Q1 24 | $1.22 | $1.04 |
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 | $141.9M |
| 总债务越低越好 | $9.3B | $361.2M |
| 股东权益账面价值 | $11.6B | $2.8B |
| 总资产 | $22.2B | $4.6B |
| 负债/权益比越低杠杆越低 | 0.80× | 0.13× |
8季度趋势，按日历期对齐
现金及短期投资AVBMATX
| Q4 25 | $187.2M | $141.9M | ||
| Q3 25 | $123.3M | $92.7M | ||
| Q2 25 | $102.8M | $59.1M | ||
| Q1 25 | $53.3M | $122.0M | ||
| Q4 24 | $108.6M | $266.8M | ||
| Q3 24 | $552.4M | $270.3M | ||
| Q2 24 | $545.8M | $168.2M | ||
| Q1 24 | $287.9M | $25.9M |
总债务AVBMATX
| Q4 25 | $9.3B | $361.2M | ||
| Q3 25 | $8.7B | $370.9M | ||
| Q2 25 | $8.7B | $341.3M | ||
| Q1 25 | $8.3B | $351.1M | ||
| Q4 24 | $8.1B | $361.2M | ||
| Q3 24 | $8.4B | $370.9M | ||
| Q2 24 | $8.4B | $381.0M | ||
| Q1 24 | $8.0B | $390.8M |
股东权益AVBMATX
| Q4 25 | $11.6B | $2.8B | ||
| Q3 25 | $11.9B | $2.7B | ||
| Q2 25 | $11.9B | $2.6B | ||
| Q1 25 | $11.9B | $2.6B | ||
| Q4 24 | $11.9B | $2.7B | ||
| Q3 24 | $11.9B | $2.6B | ||
| Q2 24 | $11.7B | $2.4B | ||
| Q1 24 | $11.7B | $2.4B |
总资产AVBMATX
| Q4 25 | $22.2B | $4.6B | ||
| Q3 25 | $21.9B | $4.6B | ||
| Q2 25 | $21.8B | $4.5B | ||
| Q1 25 | $21.2B | $4.5B | ||
| Q4 24 | $21.0B | $4.6B | ||
| Q3 24 | $21.3B | $4.4B | ||
| Q2 24 | $21.0B | $4.3B | ||
| Q1 24 | $20.6B | $4.2B |
负债/权益比AVBMATX
| Q4 25 | 0.80× | 0.13× | ||
| Q3 25 | 0.73× | 0.14× | ||
| Q2 25 | 0.72× | 0.13× | ||
| Q1 25 | 0.70× | 0.13× | ||
| Q4 24 | 0.68× | 0.14× | ||
| Q3 24 | 0.70× | 0.15× | ||
| Q2 24 | 0.71× | 0.16× | ||
| Q1 24 | 0.68× | 0.16× |
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 | $176.9M |
| 自由现金流经营现金流 - 资本支出 | $1.4B | $42.2M |
| 自由现金流率自由现金流/营收 | 183.5% | 5.0% |
| 资本支出强度资本支出/营收 | 34.1% | 15.8% |
| 现金转化率经营现金流/净利润 | 10.07× | 1.24× |
| 过去12个月自由现金流最近4个季度 | $2.5B | $153.7M |
8季度趋势，按日历期对齐
经营现金流AVBMATX
| Q4 25 | $1.7B | $176.9M | ||
| Q3 25 | $477.0M | $175.6M | ||
| Q2 25 | $377.8M | $105.6M | ||
| Q1 25 | $415.9M | $89.0M | ||
| Q4 24 | $1.6B | $174.7M | ||
| Q3 24 | $486.2M | $248.6M | ||
| Q2 24 | $380.0M | $307.9M | ||
| Q1 24 | $412.9M | $36.6M |
自由现金流AVBMATX
| Q4 25 | $1.4B | $42.2M | ||
| Q3 25 | $402.2M | $92.4M | ||
| Q2 25 | $317.1M | $19.3M | ||
| Q1 25 | $367.5M | $-200.0K | ||
| Q4 24 | $1.4B | $49.3M | ||
| Q3 24 | $434.2M | $189.0M | ||
| Q2 24 | $333.0M | $238.1M | ||
| Q1 24 | $375.4M | $-18.7M |
自由现金流率AVBMATX
| Q4 25 | 183.5% | 5.0% | ||
| Q3 25 | 52.5% | 10.5% | ||
| Q2 25 | 41.7% | 2.3% | ||
| Q1 25 | 49.3% | -0.0% | ||
| Q4 24 | 191.0% | 5.5% | ||
| Q3 24 | 59.1% | 19.6% | ||
| Q2 24 | 45.9% | 28.1% | ||
| Q1 24 | 52.7% | -2.6% |
资本支出强度AVBMATX
| Q4 25 | 34.1% | 15.8% | ||
| Q3 25 | 9.8% | 9.5% | ||
| Q2 25 | 8.0% | 10.4% | ||
| Q1 25 | 6.5% | 11.4% | ||
| Q4 24 | 26.1% | 14.1% | ||
| Q3 24 | 7.1% | 6.2% | ||
| Q2 24 | 6.5% | 8.2% | ||
| Q1 24 | 5.3% | 7.7% |
现金转化率AVBMATX
| Q4 25 | 10.07× | 1.24× | ||
| Q3 25 | 1.25× | 1.30× | ||
| Q2 25 | 1.41× | 1.12× | ||
| Q1 25 | 1.76× | 1.23× | ||
| Q4 24 | 5.70× | 1.36× | ||
| Q3 24 | 1.31× | 1.25× | ||
| Q2 24 | 1.50× | 2.72× | ||
| Q1 24 | 2.38× | 1.01× |
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
MATX
| Ocean Transportation Segment | $704.2M | 83% |
| Logistics Services Segment | $147.7M | 17% |
