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AvalonBay Communities（AVB）与Piedmont Realty Trust, Inc.（PDM）财务数据对比。点击上方公司名可切换其他公司
Piedmont Realty Trust, Inc.的季度营收约是AvalonBay Communities的77.8倍（$142.9M vs $1.8M）。AvalonBay Communities净利率更高（9040.6% vs -30.3%，领先9070.9%）。AvalonBay Communities同比增速更快（5.5% vs -0.3%）。过去两年AvalonBay Communities的营收复合增速更高（1.1% vs -0.6%）
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。
Piedmont Realty Trust是一家公开上市的房地产投资信托（REIT），主要持有、运营和投资美国高增长大都会区的优质写字楼资产，服务科技、专业服务、医疗等多个行业的企业租户，通过战略资产管理和投资组合优化为利益相关方提供稳定长期回报。
AVB vs PDM — 直观对比
营收规模更大
PDM
是对方的77.8倍
$1.8M
营收增速更快
AVB
高出5.8%
-0.3%
净利率更高
AVB
高出9070.9%
-30.3%
两年增速更快
AVB
近两年复合增速
-0.6%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8M | $142.9M |
| 净利润 | $166.0M | $-43.2M |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | 9040.6% | -30.3% |
| 营收同比 | 5.5% | -0.3% |
| 净利润同比 | -41.2% | -44.3% |
| 每股收益（稀释后） | $1.18 | $-0.34 |
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AVBPDM
| Q4 25 | $1.8M | $142.9M | ||
| Q3 25 | $1.9M | $139.2M | ||
| Q2 25 | $1.6M | $140.3M | ||
| Q1 25 | $1.7M | $142.7M | ||
| Q4 24 | $1.7M | $143.2M | ||
| Q3 24 | $1.7M | $139.3M | ||
| Q2 24 | $1.8M | $143.3M | ||
| Q1 24 | $1.8M | $144.5M |
净利润AVBPDM
| Q4 25 | $166.0M | $-43.2M | ||
| Q3 25 | $381.3M | $-13.5M | ||
| Q2 25 | $268.7M | $-16.8M | ||
| Q1 25 | $236.6M | $-10.1M | ||
| Q4 24 | $282.1M | $-30.0M | ||
| Q3 24 | $372.5M | $-11.5M | ||
| Q2 24 | $253.9M | $-9.8M | ||
| Q1 24 | $173.4M | $-27.8M |
净利率AVBPDM
| Q4 25 | 9040.6% | -30.3% | ||
| Q3 25 | 20390.7% | -9.7% | ||
| Q2 25 | 16854.8% | -12.0% | ||
| Q1 25 | 13581.9% | -7.1% | ||
| Q4 24 | 16212.2% | -20.9% | ||
| Q3 24 | 21708.6% | -8.3% | ||
| Q2 24 | 13876.2% | -6.8% | ||
| Q1 24 | 9662.9% | -19.2% |
每股收益（稀释后）AVBPDM
| Q4 25 | $1.18 | $-0.34 | ||
| Q3 25 | $2.68 | $-0.11 | ||
| Q2 25 | $1.88 | $-0.14 | ||
| Q1 25 | $1.66 | $-0.08 | ||
| Q4 24 | $1.99 | $-0.25 | ||
| Q3 24 | $2.61 | $-0.09 | ||
| Q2 24 | $1.78 | $-0.08 | ||
| Q1 24 | $1.22 | $-0.22 |
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 | $731.0K |
| 总债务越低越好 | $9.3B | $2.2B |
| 股东权益账面价值 | $11.6B | $1.5B |
| 总资产 | $22.2B | $4.0B |
| 负债/权益比越低杠杆越低 | 0.80× | 1.49× |
8季度趋势，按日历期对齐
现金及短期投资AVBPDM
| Q4 25 | $187.2M | $731.0K | ||
| Q3 25 | $123.3M | $3.0M | ||
| Q2 25 | $102.8M | $3.3M | ||
| Q1 25 | $53.3M | $2.9M | ||
| Q4 24 | $108.6M | $109.6M | ||
| Q3 24 | $552.4M | $133.6M | ||
| Q2 24 | $545.8M | $138.5M | ||
| Q1 24 | $287.9M | $3.5M |
总债务AVBPDM
| Q4 25 | $9.3B | $2.2B | ||
| Q3 25 | $8.7B | $2.2B | ||
| Q2 25 | $8.7B | $2.2B | ||
| Q1 25 | $8.3B | $2.2B | ||
| Q4 24 | $8.1B | $2.2B | ||
| Q3 24 | $8.4B | $2.2B | ||
| Q2 24 | $8.4B | $2.2B | ||
| Q1 24 | $8.0B | $2.1B |
股东权益AVBPDM
| Q4 25 | $11.6B | $1.5B | ||
| Q3 25 | $11.9B | $1.5B | ||
| Q2 25 | $11.9B | $1.5B | ||
| Q1 25 | $11.9B | $1.6B | ||
| Q4 24 | $11.9B | $1.6B | ||
| Q3 24 | $11.9B | $1.6B | ||
| Q2 24 | $11.7B | $1.7B | ||
| Q1 24 | $11.7B | $1.7B |
总资产AVBPDM
| Q4 25 | $22.2B | $4.0B | ||
| Q3 25 | $21.9B | $4.0B | ||
| Q2 25 | $21.8B | $4.0B | ||
| Q1 25 | $21.2B | $4.0B | ||
| Q4 24 | $21.0B | $4.1B | ||
| Q3 24 | $21.3B | $4.1B | ||
| Q2 24 | $21.0B | $4.2B | ||
| Q1 24 | $20.6B | $4.0B |
负债/权益比AVBPDM
| Q4 25 | 0.80× | 1.49× | ||
| Q3 25 | 0.73× | 1.43× | ||
| Q2 25 | 0.72× | 1.41× | ||
| Q1 25 | 0.70× | 1.40× | ||
| Q4 24 | 0.68× | 1.40× | ||
| Q3 24 | 0.70× | 1.36× | ||
| Q2 24 | 0.71× | 1.34× | ||
| Q1 24 | 0.68× | 1.23× |
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 | $400.4M | $50.9M |
| 自由现金流经营现金流 - 资本支出 | $322.5M | — |
| 自由现金流率自由现金流/营收 | 17563.8% | — |
| 资本支出强度资本支出/营收 | 4246.2% | — |
| 现金转化率经营现金流/净利润 | 2.41× | — |
| 过去12个月自由现金流最近4个季度 | $1.4B | — |
8季度趋势，按日历期对齐
经营现金流AVBPDM
| Q4 25 | $400.4M | $50.9M | ||
| Q3 25 | $477.0M | $35.8M | ||
| Q2 25 | $377.8M | $50.1M | ||
| Q1 25 | $415.9M | $3.7M | ||
| Q4 24 | $328.8M | $65.0M | ||
| Q3 24 | $486.2M | $42.9M | ||
| Q2 24 | $380.0M | $66.8M | ||
| Q1 24 | $412.9M | $23.4M |
自由现金流AVBPDM
| Q4 25 | $322.5M | — | ||
| Q3 25 | $402.2M | — | ||
| Q2 25 | $317.1M | — | ||
| Q1 25 | $367.5M | — | ||
| Q4 24 | $271.9M | — | ||
| Q3 24 | $434.2M | — | ||
| Q2 24 | $333.0M | — | ||
| Q1 24 | $375.4M | — |
自由现金流率AVBPDM
| Q4 25 | 17563.8% | — | ||
| Q3 25 | 21507.4% | — | ||
| Q2 25 | 19896.0% | — | ||
| Q1 25 | 21098.3% | — | ||
| Q4 24 | 15626.2% | — | ||
| Q3 24 | 25305.2% | — | ||
| Q2 24 | 18195.7% | — | ||
| Q1 24 | 20914.5% | — |
资本支出强度AVBPDM
| Q4 25 | 4246.2% | — | ||
| Q3 25 | 3998.4% | — | ||
| Q2 25 | 3806.1% | — | ||
| Q1 25 | 2776.7% | — | ||
| Q4 24 | 3271.1% | — | ||
| Q3 24 | 3026.3% | — | ||
| Q2 24 | 2568.9% | — | ||
| Q1 24 | 2088.6% | — |
现金转化率AVBPDM
| Q4 25 | 2.41× | — | ||
| Q3 25 | 1.25× | — | ||
| Q2 25 | 1.41× | — | ||
| Q1 25 | 1.76× | — | ||
| Q4 24 | 1.17× | — | ||
| 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
PDM
| Atlanta GA | $45.7M | 32% |
| Dallas TX | $24.1M | 17% |
| Orlando FL | $19.3M | 13% |
| New York NY | $14.7M | 10% |
| Northern Virginia Washington D.C. | $12.9M | 9% |
| Minneapolis MN | $11.4M | 8% |
| Boston MA | $9.8M | 7% |
| Real Estate Other | $7.8M | 5% |
