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AvalonBay Communities（AVB）与Ubiquiti Inc.（UI）财务数据对比。点击上方公司名可切换其他公司
Ubiquiti Inc.的季度营收约是AvalonBay Communities的1.1倍（$814.9M vs $767.9M），AvalonBay Communities净利率更高（9040.6% vs 28.7%，领先9011.9%），Ubiquiti Inc.同比增速更快（35.8% vs 3.7%），AvalonBay Communities自由现金流更多（$1.4B vs $260.3M），过去两年Ubiquiti Inc.的营收复合增速更高（28.6% 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。
Ubiquiti Inc.是一家美国科技企业，2003年于加利福尼亚州圣何塞成立，目前总部位于纽约。公司旗下拥有多个品牌，主营面向企业及家庭用户的有线、无线数据通信产品的研发、生产与销售。
AVB vs UI — 直观对比
营收规模更大
UI
是对方的1.1倍
$767.9M
营收增速更快
UI
高出32.2%
3.7%
净利率更高
AVB
高出9011.9%
28.7%
自由现金流更多
AVB
多$1.1B
$260.3M
两年增速更快
UI
近两年复合增速
3.8%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $767.9M | $814.9M |
| 净利润 | $166.0M | $233.6M |
| 毛利率 | — | 45.9% |
| 营业利润率 | 64.2% | 35.9% |
| 净利率 | 9040.6% | 28.7% |
| 营收同比 | 3.7% | 35.8% |
| 净利润同比 | -41.2% | 70.8% |
| 每股收益（稀释后） | $1.18 | $3.86 |
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AVBUI
| Q4 25 | $767.9M | $814.9M | ||
| Q3 25 | $766.8M | $733.8M | ||
| Q2 25 | $760.2M | $759.2M | ||
| Q1 25 | $745.9M | $664.2M | ||
| Q4 24 | $740.5M | $599.9M | ||
| Q3 24 | $734.3M | $550.3M | ||
| Q2 24 | $726.0M | $507.5M | ||
| Q1 24 | $712.9M | $493.0M |
净利润AVBUI
| Q4 25 | $166.0M | $233.6M | ||
| Q3 25 | $381.3M | $207.9M | ||
| Q2 25 | $268.7M | $266.7M | ||
| Q1 25 | $236.6M | $180.4M | ||
| Q4 24 | $282.1M | $136.8M | ||
| Q3 24 | $372.5M | $128.0M | ||
| Q2 24 | $253.9M | $103.8M | ||
| Q1 24 | $173.4M | $76.3M |
毛利率AVBUI
| Q4 25 | — | 45.9% | ||
| Q3 25 | — | 46.0% | ||
| Q2 25 | — | 45.1% | ||
| Q1 25 | — | 44.5% | ||
| Q4 24 | — | 41.2% | ||
| Q3 24 | — | 42.1% | ||
| Q2 24 | — | 40.2% | ||
| Q1 24 | — | 35.3% |
营业利润率AVBUI
| Q4 25 | 64.2% | 35.9% | ||
| Q3 25 | 65.7% | 35.7% | ||
| Q2 25 | 67.6% | 34.4% | ||
| Q1 25 | 68.5% | 34.2% | ||
| Q4 24 | 63.1% | 29.8% | ||
| Q3 24 | 65.4% | 30.7% | ||
| Q2 24 | 66.6% | 27.3% | ||
| Q1 24 | 67.2% | 22.6% |
净利率AVBUI
| Q4 25 | 9040.6% | 28.7% | ||
| Q3 25 | 49.7% | 28.3% | ||
| Q2 25 | 35.3% | 35.1% | ||
| Q1 25 | 31.7% | 27.2% | ||
| Q4 24 | 38.1% | 22.8% | ||
| Q3 24 | 50.7% | 23.3% | ||
| Q2 24 | 35.0% | 20.5% | ||
| Q1 24 | 24.3% | 15.5% |
每股收益（稀释后）AVBUI
| Q4 25 | $1.18 | $3.86 | ||
| Q3 25 | $2.68 | $3.43 | ||
| Q2 25 | $1.88 | $4.40 | ||
| Q1 25 | $1.66 | $2.98 | ||
| Q4 24 | $1.99 | $2.26 | ||
| Q3 24 | $2.61 | $2.12 | ||
| Q2 24 | $1.78 | $1.72 | ||
| Q1 24 | $1.22 | $1.26 |
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 | $302.8M |
| 总债务越低越好 | $9.3B | $47.5M |
| 股东权益账面价值 | $11.6B | $1.0B |
| 总资产 | $22.2B | $1.6B |
| 负债/权益比越低杠杆越低 | 0.80× | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资AVBUI
| Q4 25 | $187.2M | $302.8M | ||
| Q3 25 | $123.3M | $177.2M | ||
| Q2 25 | $102.8M | $149.7M | ||
| Q1 25 | $53.3M | $151.0M | ||
| Q4 24 | $108.6M | $133.1M | ||
| Q3 24 | $552.4M | $165.2M | ||
| Q2 24 | $545.8M | $126.3M | ||
| Q1 24 | $287.9M | $102.5M |
总债务AVBUI
| Q4 25 | $9.3B | $47.5M | ||
| Q3 25 | $8.7B | $133.8M | ||
| Q2 25 | $8.7B | $250.0M | ||
| Q1 25 | $8.3B | $340.0M | ||
| Q4 24 | $8.1B | $406.3M | ||
| Q3 24 | $8.4B | $552.5M | ||
| Q2 24 | $8.4B | $708.1M | ||
| Q1 24 | $8.0B | $877.5M |
股东权益AVBUI
| Q4 25 | $11.6B | $1.0B | ||
| Q3 25 | $11.9B | $828.4M | ||
| Q2 25 | $11.9B | $668.3M | ||
| Q1 25 | $11.9B | $436.1M | ||
| Q4 24 | $11.9B | $290.4M | ||
| Q3 24 | $11.9B | $188.1M | ||
| Q2 24 | $11.7B | $95.1M | ||
| Q1 24 | $11.7B | $25.9M |
总资产AVBUI
| Q4 25 | $22.2B | $1.6B | ||
| Q3 25 | $21.9B | $1.5B | ||
| Q2 25 | $21.8B | $1.5B | ||
| Q1 25 | $21.2B | $1.3B | ||
| Q4 24 | $21.0B | $1.2B | ||
| Q3 24 | $21.3B | $1.2B | ||
| Q2 24 | $21.0B | $1.2B | ||
| Q1 24 | $20.6B | $1.2B |
负债/权益比AVBUI
| Q4 25 | 0.80× | 0.05× | ||
| Q3 25 | 0.73× | 0.16× | ||
| Q2 25 | 0.72× | 0.37× | ||
| Q1 25 | 0.70× | 0.78× | ||
| Q4 24 | 0.68× | 1.40× | ||
| Q3 24 | 0.70× | 2.94× | ||
| Q2 24 | 0.71× | 7.45× | ||
| Q1 24 | 0.68× | 33.92× |
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 | $263.9M |
| 自由现金流经营现金流 - 资本支出 | $1.4B | $260.3M |
| 自由现金流率自由现金流/营收 | 183.5% | 31.9% |
| 资本支出强度资本支出/营收 | 34.1% | 0.4% |
| 现金转化率经营现金流/净利润 | 10.07× | 1.13× |
| 过去12个月自由现金流最近4个季度 | $2.5B | $699.5M |
8季度趋势，按日历期对齐
经营现金流AVBUI
| Q4 25 | $1.7B | $263.9M | ||
| Q3 25 | $477.0M | $198.5M | ||
| Q2 25 | $377.8M | $130.4M | ||
| Q1 25 | $415.9M | $123.6M | ||
| Q4 24 | $1.6B | $152.4M | ||
| Q3 24 | $486.2M | $233.7M | ||
| Q2 24 | $380.0M | $231.4M | ||
| Q1 24 | $412.9M | $163.9M |
自由现金流AVBUI
| Q4 25 | $1.4B | $260.3M | ||
| Q3 25 | $402.2M | $193.3M | ||
| Q2 25 | $317.1M | $125.2M | ||
| Q1 25 | $367.5M | $120.7M | ||
| Q4 24 | $1.4B | $150.4M | ||
| Q3 24 | $434.2M | $231.1M | ||
| Q2 24 | $333.0M | $229.5M | ||
| Q1 24 | $375.4M | $160.6M |
自由现金流率AVBUI
| Q4 25 | 183.5% | 31.9% | ||
| Q3 25 | 52.5% | 26.3% | ||
| Q2 25 | 41.7% | 16.5% | ||
| Q1 25 | 49.3% | 18.2% | ||
| Q4 24 | 191.0% | 25.1% | ||
| Q3 24 | 59.1% | 42.0% | ||
| Q2 24 | 45.9% | 45.2% | ||
| Q1 24 | 52.7% | 32.6% |
资本支出强度AVBUI
| Q4 25 | 34.1% | 0.4% | ||
| Q3 25 | 9.8% | 0.7% | ||
| Q2 25 | 8.0% | 0.7% | ||
| Q1 25 | 6.5% | 0.4% | ||
| Q4 24 | 26.1% | 0.3% | ||
| Q3 24 | 7.1% | 0.5% | ||
| Q2 24 | 6.5% | 0.4% | ||
| Q1 24 | 5.3% | 0.7% |
现金转化率AVBUI
| Q4 25 | 10.07× | 1.13× | ||
| Q3 25 | 1.25× | 0.95× | ||
| Q2 25 | 1.41× | 0.49× | ||
| Q1 25 | 1.76× | 0.68× | ||
| Q4 24 | 5.70× | 1.11× | ||
| Q3 24 | 1.31× | 1.83× | ||
| Q2 24 | 1.50× | 2.23× | ||
| Q1 24 | 2.38× | 2.15× |
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
UI
| Enterprise Technology | $729.0M | 89% |
| Service Provider Technology | $85.9M | 11% |
