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AvalonBay Communities（AVB）与STRATUS PROPERTIES INC（STRS）财务数据对比。点击上方公司名可切换其他公司
STRATUS PROPERTIES INC的季度营收约是AvalonBay Communities的4.5倍（$8.3M vs $1.8M）。AvalonBay Communities净利率更高（9040.6% vs 203.2%，领先8837.3%）。AvalonBay Communities同比增速更快（5.5% vs -19.4%）。AvalonBay Communities自由现金流更多（$322.5M vs $-5.8M）。过去两年AvalonBay Communities的营收复合增速更高（1.1% vs -44.1%）
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。
该企业是一家涵盖酒店、度假村、娱乐与传媒业务的综合性公司，名称源自其旗下资产——位于田纳西州纳什维尔的国家历史地标莱曼礼堂。公司发展可追溯至爱德华·盖洛德旗下俄克拉荷马出版公司的子公司时期，1983年收购WSM公司后奠定了现代企业的业务基础，借此获得了大奥普里等知名相关资产。
AVB vs STRS — 直观对比
营收规模更大
STRS
是对方的4.5倍
$1.8M
营收增速更快
AVB
高出24.9%
-19.4%
净利率更高
AVB
高出8837.3%
203.2%
自由现金流更多
AVB
多$328.3M
$-5.8M
两年增速更快
AVB
近两年复合增速
-44.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8M | $8.3M |
| 净利润 | $166.0M | $16.9M |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | 9040.6% | 203.2% |
| 营收同比 | 5.5% | -19.4% |
| 净利润同比 | -41.2% | 1293.4% |
| 每股收益（稀释后） | $1.18 | $2.42 |
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AVBSTRS
| Q4 25 | $1.8M | $8.3M | ||
| Q3 25 | $1.9M | $5.0M | ||
| Q2 25 | $1.6M | $11.6M | ||
| Q1 25 | $1.7M | $5.0M | ||
| Q4 24 | $1.7M | $10.3M | ||
| Q3 24 | $1.7M | $8.9M | ||
| Q2 24 | $1.8M | $8.5M | ||
| Q1 24 | $1.8M | $26.5M |
净利润AVBSTRS
| Q4 25 | $166.0M | $16.9M | ||
| Q3 25 | $381.3M | $-8.0M | ||
| Q2 25 | $268.7M | $-2.3M | ||
| Q1 25 | $236.6M | $-3.8M | ||
| Q4 24 | $282.1M | $-1.4M | ||
| Q3 24 | $372.5M | $-1.4M | ||
| Q2 24 | $253.9M | $-2.8M | ||
| Q1 24 | $173.4M | $3.7M |
毛利率AVBSTRS
| Q4 25 | — | — | ||
| Q3 25 | — | -85.1% | ||
| Q2 25 | — | -19.0% | ||
| Q1 25 | — | 5.1% | ||
| Q4 24 | — | 18.3% | ||
| Q3 24 | — | 2.5% | ||
| Q2 24 | — | 10.9% | ||
| Q1 24 | — | 30.7% |
营业利润率AVBSTRS
| Q4 25 | — | — | ||
| Q3 25 | — | -162.9% | ||
| Q2 25 | — | -6.5% | ||
| Q1 25 | — | -71.3% | ||
| Q4 24 | — | -13.6% | ||
| Q3 24 | — | -17.1% | ||
| Q2 24 | — | -34.4% | ||
| Q1 24 | — | 13.9% |
净利率AVBSTRS
| Q4 25 | 9040.6% | 203.2% | ||
| Q3 25 | 20390.7% | -161.1% | ||
| Q2 25 | 16854.8% | -19.8% | ||
| Q1 25 | 13581.9% | -74.5% | ||
| Q4 24 | 16212.2% | -13.7% | ||
| Q3 24 | 21708.6% | -15.9% | ||
| Q2 24 | 13876.2% | -32.7% | ||
| Q1 24 | 9662.9% | 13.9% |
每股收益（稀释后）AVBSTRS
| Q4 25 | $1.18 | $2.42 | ||
| Q3 25 | $2.68 | $-0.62 | ||
| Q2 25 | $1.88 | $0.03 | ||
| Q1 25 | $1.66 | $-0.36 | ||
| Q4 24 | $1.99 | $-0.06 | ||
| Q3 24 | $2.61 | $-0.05 | ||
| Q2 24 | $1.78 | $-0.21 | ||
| Q1 24 | $1.22 | $0.56 |
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 | $74.3M |
| 总债务越低越好 | $9.3B | — |
| 股东权益账面价值 | $11.6B | $204.5M |
| 总资产 | $22.2B | $563.4M |
| 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AVBSTRS
| Q4 25 | $187.2M | $74.3M | ||
| Q3 25 | $123.3M | $55.0M | ||
| Q2 25 | $102.8M | $59.4M | ||
| Q1 25 | $53.3M | $12.0M | ||
| Q4 24 | $108.6M | $20.2M | ||
| Q3 24 | $552.4M | $19.6M | ||
| Q2 24 | $545.8M | $13.5M | ||
| Q1 24 | $287.9M | $20.7M |
总债务AVBSTRS
| 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AVBSTRS
| Q4 25 | $11.6B | $204.5M | ||
| Q3 25 | $11.9B | $185.8M | ||
| Q2 25 | $11.9B | $191.9M | ||
| Q1 25 | $11.9B | $191.5M | ||
| Q4 24 | $11.9B | $194.7M | ||
| Q3 24 | $11.9B | $196.4M | ||
| Q2 24 | $11.7B | $196.3M | ||
| Q1 24 | $11.7B | $197.6M |
总资产AVBSTRS
| Q4 25 | $22.2B | $563.4M | ||
| Q3 25 | $21.9B | $572.6M | ||
| Q2 25 | $21.8B | $574.8M | ||
| Q1 25 | $21.2B | $534.6M | ||
| Q4 24 | $21.0B | $532.6M | ||
| Q3 24 | $21.3B | $523.2M | ||
| Q2 24 | $21.0B | $514.0M | ||
| Q1 24 | $20.6B | $509.5M |
负债/权益比AVBSTRS
| 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 | $400.4M | $-5.8M |
| 自由现金流经营现金流 - 资本支出 | $322.5M | $-5.8M |
| 自由现金流率自由现金流/营收 | 17563.8% | -70.2% |
| 资本支出强度资本支出/营收 | 4246.2% | 0.8% |
| 现金转化率经营现金流/净利润 | 2.41× | -0.34× |
| 过去12个月自由现金流最近4个季度 | $1.4B | $-38.0M |
8季度趋势，按日历期对齐
经营现金流AVBSTRS
| Q4 25 | $400.4M | $-5.8M | ||
| Q3 25 | $477.0M | $-9.0M | ||
| Q2 25 | $377.8M | $-1.7M | ||
| Q1 25 | $415.9M | $-13.5M | ||
| Q4 24 | $328.8M | $-3.4M | ||
| Q3 24 | $486.2M | $-686.0K | ||
| Q2 24 | $380.0M | $-8.3M | ||
| Q1 24 | $412.9M | $6.5M |
自由现金流AVBSTRS
| Q4 25 | $322.5M | $-5.8M | ||
| Q3 25 | $402.2M | $-9.9M | ||
| Q2 25 | $317.1M | $-4.3M | ||
| Q1 25 | $367.5M | $-18.0M | ||
| Q4 24 | $271.9M | $-9.6M | ||
| Q3 24 | $434.2M | $-7.5M | ||
| Q2 24 | $333.0M | $-16.3M | ||
| Q1 24 | $375.4M | $-1.6M |
自由现金流率AVBSTRS
| Q4 25 | 17563.8% | -70.2% | ||
| Q3 25 | 21507.4% | -198.7% | ||
| Q2 25 | 19896.0% | -37.2% | ||
| Q1 25 | 21098.3% | -357.4% | ||
| Q4 24 | 15626.2% | -93.4% | ||
| Q3 24 | 25305.2% | -84.4% | ||
| Q2 24 | 18195.7% | -191.6% | ||
| Q1 24 | 20914.5% | -6.0% |
资本支出强度AVBSTRS
| Q4 25 | 4246.2% | 0.8% | ||
| Q3 25 | 3998.4% | 18.4% | ||
| Q2 25 | 3806.1% | 22.7% | ||
| Q1 25 | 2776.7% | 89.8% | ||
| Q4 24 | 3271.1% | 60.0% | ||
| Q3 24 | 3026.3% | 76.7% | ||
| Q2 24 | 2568.9% | 94.2% | ||
| Q1 24 | 2088.6% | 30.7% |
现金转化率AVBSTRS
| Q4 25 | 2.41× | -0.34× | ||
| 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× | 1.77× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
