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AvalonBay Communities（AVB）与OUTFRONT Media Inc.（OUT）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OUTFRONT Media Inc.的1.5倍（$767.9M vs $513.3M），AvalonBay Communities净利率更高（9040.6% vs 18.9%，领先9021.7%），OUTFRONT Media Inc.同比增速更快（4.1% vs 3.7%），AvalonBay Communities自由现金流更多（$1.4B vs $93.3M），过去两年OUTFRONT Media Inc.的营收复合增速更高（12.1% 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。
OUTFRONT Media Inc.是一家美国广告企业，业务覆盖美国本土，由首席执行官Nick Brien领导美洲区业务，核心经营广告牌及公共交通展示广告两大业务板块，是户外广告领域的重要参与者。
AVB vs OUT — 直观对比
营收规模更大
AVB
是对方的1.5倍
$513.3M
营收增速更快
OUT
高出0.4%
3.7%
净利率更高
AVB
高出9021.7%
18.9%
自由现金流更多
AVB
多$1.3B
$93.3M
两年增速更快
OUT
近两年复合增速
3.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $767.9M | $513.3M |
| 净利润 | $166.0M | $96.8M |
| 毛利率 | — | — |
| 营业利润率 | 64.2% | 26.0% |
| 净利率 | 9040.6% | 18.9% |
| 营收同比 | 3.7% | 4.1% |
| 净利润同比 | -41.2% | 30.8% |
| 每股收益（稀释后） | $1.18 | $0.57 |
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AVBOUT
| Q4 25 | $767.9M | $513.3M | ||
| Q3 25 | $766.8M | $467.5M | ||
| Q2 25 | $760.2M | $460.2M | ||
| Q1 25 | $745.9M | $390.7M | ||
| Q4 24 | $740.5M | $493.2M | ||
| Q3 24 | $734.3M | $451.9M | ||
| Q2 24 | $726.0M | $477.3M | ||
| Q1 24 | $712.9M | $408.5M |
净利润AVBOUT
| Q4 25 | $166.0M | $96.8M | ||
| Q3 25 | $381.3M | $51.3M | ||
| Q2 25 | $268.7M | $19.5M | ||
| Q1 25 | $236.6M | $-20.6M | ||
| Q4 24 | $282.1M | $74.0M | ||
| Q3 24 | $372.5M | $34.6M | ||
| Q2 24 | $253.9M | $176.8M | ||
| Q1 24 | $173.4M | $-27.2M |
营业利润率AVBOUT
| Q4 25 | 64.2% | 26.0% | ||
| Q3 25 | 65.7% | 19.2% | ||
| Q2 25 | 67.6% | 12.2% | ||
| Q1 25 | 68.5% | 3.6% | ||
| Q4 24 | 63.1% | 22.5% | ||
| Q3 24 | 65.4% | 15.8% | ||
| Q2 24 | 66.6% | 48.0% | ||
| Q1 24 | 67.2% | 3.4% |
净利率AVBOUT
| Q4 25 | 9040.6% | 18.9% | ||
| Q3 25 | 49.7% | 11.0% | ||
| Q2 25 | 35.3% | 4.2% | ||
| Q1 25 | 31.7% | -5.3% | ||
| Q4 24 | 38.1% | 15.0% | ||
| Q3 24 | 50.7% | 7.7% | ||
| Q2 24 | 35.0% | 37.0% | ||
| Q1 24 | 24.3% | -6.7% |
每股收益（稀释后）AVBOUT
| Q4 25 | $1.18 | $0.57 | ||
| Q3 25 | $2.68 | $0.29 | ||
| Q2 25 | $1.88 | $0.10 | ||
| Q1 25 | $1.66 | $-0.14 | ||
| Q4 24 | $1.99 | $0.49 | ||
| Q3 24 | $2.61 | $0.19 | ||
| Q2 24 | $1.78 | $1.01 | ||
| Q1 24 | $1.22 | $-0.18 |
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 | $99.9M |
| 总债务越低越好 | $9.3B | — |
| 股东权益账面价值 | $11.6B | $710.4M |
| 总资产 | $22.2B | $5.3B |
| 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AVBOUT
| Q4 25 | $187.2M | $99.9M | ||
| Q3 25 | $123.3M | $63.0M | ||
| Q2 25 | $102.8M | $28.5M | ||
| Q1 25 | $53.3M | $30.5M | ||
| Q4 24 | $108.6M | $46.9M | ||
| Q3 24 | $552.4M | $28.0M | ||
| Q2 24 | $545.8M | $49.6M | ||
| Q1 24 | $287.9M | $42.4M |
总债务AVBOUT
| 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AVBOUT
| Q4 25 | $11.6B | $710.4M | ||
| Q3 25 | $11.9B | $542.6M | ||
| Q2 25 | $11.9B | $539.1M | ||
| Q1 25 | $11.9B | $566.9M | ||
| Q4 24 | $11.9B | $649.0M | ||
| Q3 24 | $11.9B | $618.2M | ||
| Q2 24 | $11.7B | $664.9M | ||
| Q1 24 | $11.7B | $524.2M |
总资产AVBOUT
| Q4 25 | $22.2B | $5.3B | ||
| Q3 25 | $21.9B | $5.2B | ||
| Q2 25 | $21.8B | $5.1B | ||
| Q1 25 | $21.2B | $5.1B | ||
| Q4 24 | $21.0B | $5.2B | ||
| Q3 24 | $21.3B | $5.2B | ||
| Q2 24 | $21.0B | $5.3B | ||
| Q1 24 | $20.6B | $5.5B |
负债/权益比AVBOUT
| 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 | $118.1M |
| 自由现金流经营现金流 - 资本支出 | $1.4B | $93.3M |
| 自由现金流率自由现金流/营收 | 183.5% | 18.2% |
| 资本支出强度资本支出/营收 | 34.1% | 4.8% |
| 现金转化率经营现金流/净利润 | 10.07× | 1.22× |
| 过去12个月自由现金流最近4个季度 | $2.5B | $218.8M |
8季度趋势，按日历期对齐
经营现金流AVBOUT
| Q4 25 | $1.7B | $118.1M | ||
| Q3 25 | $477.0M | $88.8M | ||
| Q2 25 | $377.8M | $67.1M | ||
| Q1 25 | $415.9M | $33.6M | ||
| Q4 24 | $1.6B | $124.5M | ||
| Q3 24 | $486.2M | $73.1M | ||
| Q2 24 | $380.0M | $71.0M | ||
| Q1 24 | $412.9M | $30.6M |
自由现金流AVBOUT
| Q4 25 | $1.4B | $93.3M | ||
| Q3 25 | $402.2M | $67.7M | ||
| Q2 25 | $317.1M | $41.4M | ||
| Q1 25 | $367.5M | $16.4M | ||
| Q4 24 | $1.4B | $106.3M | ||
| Q3 24 | $434.2M | $55.5M | ||
| Q2 24 | $333.0M | $47.1M | ||
| Q1 24 | $375.4M | $12.2M |
自由现金流率AVBOUT
| Q4 25 | 183.5% | 18.2% | ||
| Q3 25 | 52.5% | 14.5% | ||
| Q2 25 | 41.7% | 9.0% | ||
| Q1 25 | 49.3% | 4.2% | ||
| Q4 24 | 191.0% | 21.6% | ||
| Q3 24 | 59.1% | 12.3% | ||
| Q2 24 | 45.9% | 9.9% | ||
| Q1 24 | 52.7% | 3.0% |
资本支出强度AVBOUT
| Q4 25 | 34.1% | 4.8% | ||
| Q3 25 | 9.8% | 4.5% | ||
| Q2 25 | 8.0% | 5.6% | ||
| Q1 25 | 6.5% | 4.4% | ||
| Q4 24 | 26.1% | 3.7% | ||
| Q3 24 | 7.1% | 3.9% | ||
| Q2 24 | 6.5% | 5.0% | ||
| Q1 24 | 5.3% | 4.5% |
现金转化率AVBOUT
| Q4 25 | 10.07× | 1.22× | ||
| Q3 25 | 1.25× | 1.73× | ||
| Q2 25 | 1.41× | 3.44× | ||
| Q1 25 | 1.76× | — | ||
| Q4 24 | 5.70× | 1.68× | ||
| Q3 24 | 1.31× | 2.11× | ||
| Q2 24 | 1.50× | 0.40× | ||
| 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
OUT
| Static Displays | $236.3M | 46% |
| Other | $134.8M | 26% |
| Digital Displays | $125.3M | 24% |
| Other Revenues | $1.9M | 0% |
