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AvalonBay Communities（AVB）与NexPoint Residential Trust, Inc.（NXRT）财务数据对比。点击上方公司名可切换其他公司
AvalonBay Communities的季度营收约是NexPoint Residential Trust, Inc.的12.4倍（$767.9M vs $62.1M），AvalonBay Communities同比增速更快（3.7% vs -2.7%），过去两年AvalonBay Communities的营收复合增速更高（3.8% vs -4.1%）
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。
NexPoint Residential Trust是一家公开上市的房地产投资信托，主要收购、翻新并运营美国阳光地带高增长市场的多户住宅物业，旗下资产以经济型和中端公寓社区为主，旨在通过稳定的租金收入增长和长期资产增值为投资者创造回报。
AVB vs NXRT — 直观对比
营收规模更大
AVB
是对方的12.4倍
$62.1M
营收增速更快
AVB
高出6.4%
-2.7%
两年增速更快
AVB
近两年复合增速
-4.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $767.9M | $62.1M |
| 净利润 | $166.0M | — |
| 毛利率 | — | — |
| 营业利润率 | 64.2% | 8.4% |
| 净利率 | 9040.6% | — |
| 营收同比 | 3.7% | -2.7% |
| 净利润同比 | -41.2% | — |
| 每股收益（稀释后） | $1.18 | — |
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AVBNXRT
| Q4 25 | $767.9M | $62.1M | ||
| Q3 25 | $766.8M | $62.8M | ||
| Q2 25 | $760.2M | $63.1M | ||
| Q1 25 | $745.9M | $63.2M | ||
| Q4 24 | $740.5M | $63.8M | ||
| Q3 24 | $734.3M | $64.1M | ||
| Q2 24 | $726.0M | $64.2M | ||
| Q1 24 | $712.9M | $67.6M |
净利润AVBNXRT
| Q4 25 | $166.0M | — | ||
| Q3 25 | $381.3M | $-7.8M | ||
| Q2 25 | $268.7M | $-7.0M | ||
| Q1 25 | $236.6M | $-6.9M | ||
| Q4 24 | $282.1M | — | ||
| Q3 24 | $372.5M | $-8.9M | ||
| Q2 24 | $253.9M | $10.6M | ||
| Q1 24 | $173.4M | $26.3M |
营业利润率AVBNXRT
| Q4 25 | 64.2% | 8.4% | ||
| Q3 25 | 65.7% | 11.8% | ||
| Q2 25 | 67.6% | 12.5% | ||
| Q1 25 | 68.5% | 11.7% | ||
| Q4 24 | 63.1% | 18.0% | ||
| Q3 24 | 65.4% | 8.7% | ||
| Q2 24 | 66.6% | 39.7% | ||
| Q1 24 | 67.2% | 60.7% |
净利率AVBNXRT
| Q4 25 | 9040.6% | — | ||
| Q3 25 | 49.7% | -12.4% | ||
| Q2 25 | 35.3% | -11.1% | ||
| Q1 25 | 31.7% | -10.9% | ||
| Q4 24 | 38.1% | — | ||
| Q3 24 | 50.7% | -13.8% | ||
| Q2 24 | 35.0% | 16.5% | ||
| Q1 24 | 24.3% | 38.9% |
每股收益（稀释后）AVBNXRT
| Q4 25 | $1.18 | — | ||
| Q3 25 | $2.68 | $-0.31 | ||
| Q2 25 | $1.88 | $-0.28 | ||
| Q1 25 | $1.66 | $-0.27 | ||
| Q4 24 | $1.99 | — | ||
| Q3 24 | $2.61 | $-0.35 | ||
| Q2 24 | $1.78 | $0.40 | ||
| Q1 24 | $1.22 | $1.00 |
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 | $13.7M |
| 总债务越低越好 | $9.3B | $1.6B |
| 股东权益账面价值 | $11.6B | $295.5M |
| 总资产 | $22.2B | $1.9B |
| 负债/权益比越低杠杆越低 | 0.80× | 5.39× |
8季度趋势，按日历期对齐
现金及短期投资AVBNXRT
| Q4 25 | $187.2M | $13.7M | ||
| Q3 25 | $123.3M | $10.8M | ||
| Q2 25 | $102.8M | $13.6M | ||
| Q1 25 | $53.3M | $23.7M | ||
| Q4 24 | $108.6M | $23.1M | ||
| Q3 24 | $552.4M | $17.4M | ||
| Q2 24 | $545.8M | $21.3M | ||
| Q1 24 | $287.9M | $37.2M |
总债务AVBNXRT
| Q4 25 | $9.3B | $1.6B | ||
| 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 | $1.5B |
股东权益AVBNXRT
| Q4 25 | $11.6B | $295.5M | ||
| Q3 25 | $11.9B | $322.9M | ||
| Q2 25 | $11.9B | $347.9M | ||
| Q1 25 | $11.9B | $379.9M | ||
| Q4 24 | $11.9B | $410.4M | ||
| Q3 24 | $11.9B | $447.1M | ||
| Q2 24 | $11.7B | $491.1M | ||
| Q1 24 | $11.7B | $512.8M |
总资产AVBNXRT
| Q4 25 | $22.2B | $1.9B | ||
| Q3 25 | $21.9B | $1.8B | ||
| Q2 25 | $21.8B | $1.9B | ||
| Q1 25 | $21.2B | $1.9B | ||
| Q4 24 | $21.0B | $1.9B | ||
| Q3 24 | $21.3B | $2.0B | ||
| Q2 24 | $21.0B | $2.0B | ||
| Q1 24 | $20.6B | $2.0B |
负债/权益比AVBNXRT
| Q4 25 | 0.80× | 5.39× | ||
| 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× | 2.92× |
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 | $83.6M |
| 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% | — |
| 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AVBNXRT
| Q4 25 | $1.7B | $83.6M | ||
| Q3 25 | $477.0M | $29.3M | ||
| Q2 25 | $377.8M | $19.9M | ||
| Q1 25 | $415.9M | $28.3M | ||
| Q4 24 | $1.6B | $73.6M | ||
| Q3 24 | $486.2M | $27.8M | ||
| Q2 24 | $380.0M | $19.7M | ||
| Q1 24 | $412.9M | $19.7M |
自由现金流AVBNXRT
| Q4 25 | $1.4B | — | ||
| Q3 25 | $402.2M | — | ||
| Q2 25 | $317.1M | — | ||
| Q1 25 | $367.5M | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $434.2M | — | ||
| Q2 24 | $333.0M | — | ||
| Q1 24 | $375.4M | — |
自由现金流率AVBNXRT
| Q4 25 | 183.5% | — | ||
| Q3 25 | 52.5% | — | ||
| Q2 25 | 41.7% | — | ||
| Q1 25 | 49.3% | — | ||
| Q4 24 | 191.0% | — | ||
| Q3 24 | 59.1% | — | ||
| Q2 24 | 45.9% | — | ||
| Q1 24 | 52.7% | — |
资本支出强度AVBNXRT
| Q4 25 | 34.1% | — | ||
| Q3 25 | 9.8% | — | ||
| Q2 25 | 8.0% | — | ||
| Q1 25 | 6.5% | — | ||
| Q4 24 | 26.1% | — | ||
| Q3 24 | 7.1% | — | ||
| Q2 24 | 6.5% | — | ||
| Q1 24 | 5.3% | — |
现金转化率AVBNXRT
| 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× | 1.86× | ||
| Q1 24 | 2.38× | 0.75× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
