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AvalonBay Communities（AVB）与Rithm Capital Corp.（RITM）财务数据对比。点击上方公司名可切换其他公司
Rithm Capital Corp.的季度营收约是AvalonBay Communities的1.1倍（$828.2M vs $767.9M），AvalonBay Communities净利率更高（9040.6% vs 13.2%，领先9027.4%），AvalonBay Communities同比增速更快（3.7% vs -40.0%），过去两年AvalonBay Communities的营收复合增速更高（3.8% vs -17.9%）
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。
Rithm Capital Corp.是总部位于美国纽约的投资管理机构，核心业务聚焦房地产投资与另类资产投资，依托专业的投研团队和成熟的市场运营经验，为合作伙伴及投资者提供优质的资产配置解决方案与长期收益回报。
AVB vs RITM — 直观对比
营收规模更大
RITM
是对方的1.1倍
$767.9M
营收增速更快
AVB
高出43.7%
-40.0%
净利率更高
AVB
高出9027.4%
13.2%
两年增速更快
AVB
近两年复合增速
-17.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $767.9M | $828.2M |
| 净利润 | $166.0M | $109.5M |
| 毛利率 | — | — |
| 营业利润率 | 64.2% | — |
| 净利率 | 9040.6% | 13.2% |
| 营收同比 | 3.7% | -40.0% |
| 净利润同比 | -41.2% | 20.9% |
| 每股收益（稀释后） | $1.18 | $0.12 |
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AVBRITM
| Q1 26 | — | $828.2M | ||
| Q4 25 | $767.9M | $1.5B | ||
| Q3 25 | $766.8M | $1.1B | ||
| Q2 25 | $760.2M | $1.2B | ||
| Q1 25 | $745.9M | $768.4M | ||
| Q4 24 | $740.5M | $2.1B | ||
| Q3 24 | $734.3M | $619.5M | ||
| Q2 24 | $726.0M | $1.2B |
净利润AVBRITM
| Q1 26 | — | $109.5M | ||
| Q4 25 | $166.0M | $85.0M | ||
| Q3 25 | $381.3M | $221.5M | ||
| Q2 25 | $268.7M | $311.7M | ||
| Q1 25 | $236.6M | $78.8M | ||
| Q4 24 | $282.1M | $290.2M | ||
| Q3 24 | $372.5M | $121.7M | ||
| Q2 24 | $253.9M | $235.6M |
营业利润率AVBRITM
| Q1 26 | — | — | ||
| Q4 25 | 64.2% | 13.8% | ||
| Q3 25 | 65.7% | 21.4% | ||
| Q2 25 | 67.6% | 25.2% | ||
| Q1 25 | 68.5% | 7.4% | ||
| Q4 24 | 63.1% | 23.8% | ||
| Q3 24 | 65.4% | 7.3% | ||
| Q2 24 | 66.6% | 23.6% |
净利率AVBRITM
| Q1 26 | — | 13.2% | ||
| Q4 25 | 9040.6% | 5.7% | ||
| Q3 25 | 49.7% | 20.0% | ||
| Q2 25 | 35.3% | 25.6% | ||
| Q1 25 | 31.7% | 10.3% | ||
| Q4 24 | 38.1% | 14.0% | ||
| Q3 24 | 50.7% | 19.7% | ||
| Q2 24 | 35.0% | 19.2% |
每股收益（稀释后）AVBRITM
| Q1 26 | — | $0.12 | ||
| Q4 25 | $1.18 | $0.09 | ||
| Q3 25 | $2.68 | $0.35 | ||
| Q2 25 | $1.88 | $0.53 | ||
| Q1 25 | $1.66 | $0.07 | ||
| Q4 24 | $1.99 | $0.50 | ||
| Q3 24 | $2.61 | $0.20 | ||
| Q2 24 | $1.78 | $0.43 |
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 | — |
| 总债务越低越好 | $9.3B | — |
| 股东权益账面价值 | $11.6B | $9.1B |
| 总资产 | $22.2B | $53.4B |
| 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AVBRITM
| Q1 26 | — | — | ||
| Q4 25 | $187.2M | $1.8B | ||
| Q3 25 | $123.3M | $1.6B | ||
| Q2 25 | $102.8M | $1.6B | ||
| Q1 25 | $53.3M | $1.5B | ||
| Q4 24 | $108.6M | $1.5B | ||
| Q3 24 | $552.4M | $1.6B | ||
| Q2 24 | $545.8M | $1.2B |
总债务AVBRITM
| Q1 26 | — | — | ||
| Q4 25 | $9.3B | $35.4B | ||
| Q3 25 | $8.7B | $32.2B | ||
| Q2 25 | $8.7B | $31.2B | ||
| Q1 25 | $8.3B | $32.2B | ||
| Q4 24 | $8.1B | $32.6B | ||
| Q3 24 | $8.4B | $29.6B | ||
| Q2 24 | $8.4B | $30.1B |
股东权益AVBRITM
| Q1 26 | — | $9.1B | ||
| Q4 25 | $11.6B | $8.4B | ||
| Q3 25 | $11.9B | $8.5B | ||
| Q2 25 | $11.9B | $7.9B | ||
| Q1 25 | $11.9B | $7.8B | ||
| Q4 24 | $11.9B | $7.8B | ||
| Q3 24 | $11.9B | $7.7B | ||
| Q2 24 | $11.7B | $7.3B |
总资产AVBRITM
| Q1 26 | — | $53.4B | ||
| Q4 25 | $22.2B | $53.1B | ||
| Q3 25 | $21.9B | $47.2B | ||
| Q2 25 | $21.8B | $44.3B | ||
| Q1 25 | $21.2B | $45.3B | ||
| Q4 24 | $21.0B | $46.0B | ||
| Q3 24 | $21.3B | $42.3B | ||
| Q2 24 | $21.0B | $42.0B |
负债/权益比AVBRITM
| Q1 26 | — | — | ||
| Q4 25 | 0.80× | 4.20× | ||
| Q3 25 | 0.73× | 3.79× | ||
| Q2 25 | 0.72× | 3.92× | ||
| Q1 25 | 0.70× | 4.14× | ||
| Q4 24 | 0.68× | 4.18× | ||
| Q3 24 | 0.70× | 3.87× | ||
| Q2 24 | 0.71× | 4.10× |
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 | — |
| 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AVBRITM
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $-114.6M | ||
| Q3 25 | $477.0M | $-2.0B | ||
| Q2 25 | $377.8M | $-557.1M | ||
| Q1 25 | $415.9M | $1.4B | ||
| Q4 24 | $1.6B | $-1.8B | ||
| Q3 24 | $486.2M | $768.1M | ||
| Q2 24 | $380.0M | $-55.7M |
自由现金流AVBRITM
| Q1 26 | — | — | ||
| 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 | — |
自由现金流率AVBRITM
| Q1 26 | — | — | ||
| 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% | — |
资本支出强度AVBRITM
| Q1 26 | — | — | ||
| 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% | — |
现金转化率AVBRITM
| Q1 26 | — | — | ||
| Q4 25 | 10.07× | -1.35× | ||
| Q3 25 | 1.25× | -9.22× | ||
| Q2 25 | 1.41× | -1.79× | ||
| Q1 25 | 1.76× | 18.03× | ||
| Q4 24 | 5.70× | -6.04× | ||
| Q3 24 | 1.31× | 6.31× | ||
| Q2 24 | 1.50× | -0.24× |
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
RITM
| Servicing revenue, net | $375.1M | 45% |
| Other | $234.9M | 28% |
| Gain on originated residential mortgage loans, held-for-sale, net | $195.0M | 24% |
| Other revenue | $23.3M | 3% |
