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Axos Financial, Inc.（AX）与SBA Communications（SBAC）财务数据对比。点击上方公司名可切换其他公司
SBA Communications的季度营收约是Axos Financial, Inc.的1.8倍（$703.4M vs $392.2M），Axos Financial, Inc.净利率更高（31.8% vs 26.3%，领先5.5%），过去两年Axos Financial, Inc.的营收复合增速更高（16.1% vs 3.2%）
Axos Financial是总部位于美国内华达州拉斯维加斯的银行控股公司，旗下拥有直销银行Axos Bank，同时提供注册投资顾问服务及电子交易平台，深耕数字化金融赛道，可为用户提供多元便捷的金融服务解决方案。
SBA Communications是一家房地产投资信托企业，核心业务为持有、运营无线通信基础设施，市场覆盖美国、加拿大、中南美洲及南非地区。公司由Steven Bernstein于1989年创立，前身为Steven Bernstein and Associates。
AX vs SBAC — 直观对比
营收规模更大
SBAC
是对方的1.8倍
$392.2M
净利率更高
AX
高出5.5%
26.3%
两年增速更快
AX
近两年复合增速
3.2%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $392.2M | $703.4M |
| 净利润 | $124.7M | $184.9M |
| 毛利率 | — | — |
| 营业利润率 | — | 48.7% |
| 净利率 | 31.8% | 26.3% |
| 营收同比 | — | -1.6% |
| 净利润同比 | 18.5% | -15.1% |
| 每股收益（稀释后） | $2.15 | $1.74 |
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AXSBAC
| Q1 26 | $392.2M | $703.4M | ||
| Q4 25 | $385.1M | $719.6M | ||
| Q3 25 | $323.4M | $732.3M | ||
| Q2 25 | $321.4M | $699.0M | ||
| Q1 25 | $308.8M | $664.2M | ||
| Q4 24 | $307.9M | $693.7M | ||
| Q3 24 | $320.7M | $667.6M | ||
| Q2 24 | $290.9M | $660.5M |
净利润AXSBAC
| Q1 26 | $124.7M | $184.9M | ||
| Q4 25 | $128.4M | $370.4M | ||
| Q3 25 | $112.4M | $236.8M | ||
| Q2 25 | $110.7M | $225.8M | ||
| Q1 25 | $105.2M | $220.7M | ||
| Q4 24 | $104.7M | $178.8M | ||
| Q3 24 | $112.3M | $258.5M | ||
| Q2 24 | $104.9M | $162.8M |
毛利率AXSBAC
| Q1 26 | — | — | ||
| Q4 25 | — | 75.6% | ||
| Q3 25 | — | 74.1% | ||
| Q2 25 | — | 75.4% | ||
| Q1 25 | — | 76.9% | ||
| Q4 24 | — | 78.1% | ||
| Q3 24 | — | 77.5% | ||
| Q2 24 | — | 78.6% |
营业利润率AXSBAC
| Q1 26 | — | 48.7% | ||
| Q4 25 | 45.6% | 41.5% | ||
| Q3 25 | 46.3% | 51.1% | ||
| Q2 25 | 48.5% | 47.9% | ||
| Q1 25 | 47.9% | 50.4% | ||
| Q4 24 | 48.8% | 55.1% | ||
| Q3 24 | 49.6% | 56.3% | ||
| Q2 24 | 49.6% | 53.7% |
净利率AXSBAC
| Q1 26 | 31.8% | 26.3% | ||
| Q4 25 | 33.3% | 51.5% | ||
| Q3 25 | 34.7% | 32.3% | ||
| Q2 25 | 34.4% | 32.3% | ||
| Q1 25 | 34.1% | 33.2% | ||
| Q4 24 | 34.0% | 25.8% | ||
| Q3 24 | 35.0% | 38.7% | ||
| Q2 24 | 36.0% | 24.7% |
每股收益（稀释后）AXSBAC
| Q1 26 | $2.15 | $1.74 | ||
| Q4 25 | $2.22 | $3.47 | ||
| Q3 25 | $1.94 | $2.20 | ||
| Q2 25 | $1.89 | $2.09 | ||
| Q1 25 | $1.81 | $2.04 | ||
| Q4 24 | $1.80 | $1.61 | ||
| Q3 24 | $1.93 | $2.40 | ||
| Q2 24 | $1.75 | $1.51 |
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 | — | $269.1M |
| 总债务越低越好 | — | $2.7B |
| 股东权益账面价值 | $3.1B | — |
| 总资产 | $29.2B | $11.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AXSBAC
| Q1 26 | — | $269.1M | ||
| Q4 25 | $1.0B | $271.2M | ||
| Q3 25 | $2.6B | $431.1M | ||
| Q2 25 | $1.9B | $276.8M | ||
| Q1 25 | $2.0B | $702.2M | ||
| Q4 24 | $2.4B | $444.4M | ||
| Q3 24 | $2.6B | $202.6M | ||
| Q2 24 | $2.0B | $250.9M |
总债务AXSBAC
| Q1 26 | — | $2.7B | ||
| Q4 25 | — | $12.9B | ||
| Q3 25 | — | $12.7B | ||
| Q2 25 | $312.7M | $12.5B | ||
| Q1 25 | $377.4M | $12.4B | ||
| Q4 24 | $358.7M | $13.6B | ||
| Q3 24 | $313.5M | $12.3B | ||
| Q2 24 | $325.7M | $12.3B |
股东权益AXSBAC
| Q1 26 | $3.1B | — | ||
| Q4 25 | $2.9B | $-4.9B | ||
| Q3 25 | $2.8B | $-4.9B | ||
| Q2 25 | $2.7B | $-4.9B | ||
| Q1 25 | $2.6B | $-5.0B | ||
| Q4 24 | $2.5B | $-5.1B | ||
| Q3 24 | $2.4B | $-5.2B | ||
| Q2 24 | $2.3B | $-5.3B |
总资产AXSBAC
| Q1 26 | $29.2B | $11.7B | ||
| Q4 25 | $28.2B | $11.6B | ||
| Q3 25 | $27.4B | $11.3B | ||
| Q2 25 | $24.8B | $10.8B | ||
| Q1 25 | $24.0B | $10.4B | ||
| Q4 24 | $23.7B | $11.4B | ||
| Q3 24 | $23.6B | $10.2B | ||
| Q2 24 | $22.9B | $9.8B |
负债/权益比AXSBAC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.12× | — | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | 0.14× | — | ||
| Q3 24 | 0.13× | — | ||
| Q2 24 | 0.14× | — |
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 | — | $255.1M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | 9.5% |
| 现金转化率经营现金流/净利润 | — | 1.38× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流AXSBAC
| Q1 26 | — | $255.1M | ||
| Q4 25 | $104.1M | $1.3B | ||
| Q3 25 | $118.4M | $318.0M | ||
| Q2 25 | $490.3M | $368.1M | ||
| Q1 25 | $73.7M | $301.2M | ||
| Q4 24 | $162.5M | $1.3B | ||
| Q3 24 | $70.8M | $304.7M | ||
| Q2 24 | $305.5M | $425.6M |
自由现金流AXSBAC
| Q1 26 | — | — | ||
| Q4 25 | $85.4M | $833.3M | ||
| Q3 25 | $109.3M | $258.0M | ||
| Q2 25 | $436.1M | $312.2M | ||
| Q1 25 | $65.1M | $255.0M | ||
| Q4 24 | $156.4M | $1.2B | ||
| Q3 24 | $53.0M | $239.9M | ||
| Q2 24 | $269.5M | $375.6M |
自由现金流率AXSBAC
| Q1 26 | — | — | ||
| Q4 25 | 22.2% | 115.8% | ||
| Q3 25 | 33.8% | 35.2% | ||
| Q2 25 | 135.7% | 44.7% | ||
| Q1 25 | 21.1% | 38.4% | ||
| Q4 24 | 50.8% | 179.9% | ||
| Q3 24 | 16.5% | 35.9% | ||
| Q2 24 | 92.6% | 56.9% |
资本支出强度AXSBAC
| Q1 26 | — | 9.5% | ||
| Q4 25 | 4.9% | 63.7% | ||
| Q3 25 | 2.8% | 8.2% | ||
| Q2 25 | 16.9% | 8.0% | ||
| Q1 25 | 2.8% | 7.0% | ||
| Q4 24 | 2.0% | 12.6% | ||
| Q3 24 | 5.5% | 9.7% | ||
| Q2 24 | 12.4% | 7.6% |
现金转化率AXSBAC
| Q1 26 | — | 1.38× | ||
| Q4 25 | 0.81× | 3.49× | ||
| Q3 25 | 1.05× | 1.34× | ||
| Q2 25 | 4.43× | 1.63× | ||
| Q1 25 | 0.70× | 1.36× | ||
| Q4 24 | 1.55× | 7.47× | ||
| Q3 24 | 0.63× | 1.18× | ||
| Q2 24 | 2.91× | 2.61× |
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
AX
| Net Interest Income | $306.3M | 78% |
| Noninterest Income | $86.0M | 22% |
SBAC
| Site leasing | $656.1M | 93% |
| Site development | $47.3M | 7% |
