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Bluerock Homes Trust, Inc.（BHM）与W. P. Carey Inc.（WPC）财务数据对比。点击上方公司名可切换其他公司
W. P. Carey Inc.的季度营收约是Bluerock Homes Trust, Inc.的23.5倍（$444.5M vs $18.9M）。W. P. Carey Inc.净利率更高（33.4% vs -50.1%，领先83.5%）。Bluerock Homes Trust, Inc.同比增速更快（36.9% vs 9.4%）。过去两年Bluerock Homes Trust, Inc.的营收复合增速更高（30.1% vs 6.8%）
Bluerock Homes Trust, Inc.是一家总部位于美国的房地产投资信托企业，主要收购、持有并运营优质单户住宅租赁资产，面向美国高增长郊区市场的中等收入租户，聚焦人口基本面向好、租赁需求旺盛的区域布局。
W.P.凯里是一家房地产投资信托企业，主打投资以三净租赁模式租予单一租户的物业。公司注册地位于美国马里兰州，核心办公地点设在纽约市，深耕商业地产投资领域，拥有成熟的运营经验与优质的项目资源。
BHM vs WPC — 直观对比
营收规模更大
WPC
是对方的23.5倍
$18.9M
营收增速更快
BHM
高出27.5%
9.4%
净利率更高
WPC
高出83.5%
-50.1%
两年增速更快
BHM
近两年复合增速
6.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $18.9M | $444.5M |
| 净利润 | $-9.5M | $148.3M |
| 毛利率 | — | — |
| 营业利润率 | -48.8% | 34.5% |
| 净利率 | -50.1% | 33.4% |
| 营收同比 | 36.9% | 9.4% |
| 净利润同比 | -29.9% | 215.4% |
| 每股收益（稀释后） | $-0.75 | — |
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BHMWPC
| Q4 25 | $18.9M | $444.5M | ||
| Q3 25 | $16.6M | $431.3M | ||
| Q2 25 | $16.8M | $430.8M | ||
| Q1 25 | $16.4M | $409.9M | ||
| Q4 24 | $13.8M | $406.2M | ||
| Q3 24 | $12.7M | $397.4M | ||
| Q2 24 | $12.5M | $389.7M | ||
| Q1 24 | $11.2M | $389.8M |
净利润BHMWPC
| Q4 25 | $-9.5M | $148.3M | ||
| Q3 25 | $-10.0M | $141.0M | ||
| Q2 25 | $-5.8M | $51.2M | ||
| Q1 25 | $-7.3M | $125.8M | ||
| Q4 24 | $-7.3M | $47.0M | ||
| Q3 24 | $3.5M | $111.7M | ||
| Q2 24 | $-5.2M | $142.9M | ||
| Q1 24 | $-3.2M | $159.2M |
营业利润率BHMWPC
| Q4 25 | -48.8% | 34.5% | ||
| Q3 25 | -57.6% | 34.7% | ||
| Q2 25 | -30.9% | 15.0% | ||
| Q1 25 | -42.6% | 33.5% | ||
| Q4 24 | -52.8% | 13.5% | ||
| Q3 24 | 27.9% | 30.4% | ||
| Q2 24 | -41.3% | 38.3% | ||
| Q1 24 | -28.4% | 43.0% |
净利率BHMWPC
| Q4 25 | -50.1% | 33.4% | ||
| Q3 25 | -60.0% | 32.7% | ||
| Q2 25 | -34.7% | 11.9% | ||
| Q1 25 | -44.7% | 30.7% | ||
| Q4 24 | -52.8% | 11.6% | ||
| Q3 24 | 27.9% | 28.1% | ||
| Q2 24 | -41.3% | 36.7% | ||
| Q1 24 | -28.4% | 40.8% |
每股收益（稀释后）BHMWPC
| Q4 25 | $-0.75 | — | ||
| Q3 25 | $-0.94 | — | ||
| Q2 25 | $-0.66 | — | ||
| Q1 25 | $-0.67 | — | ||
| Q4 24 | $-0.65 | — | ||
| Q3 24 | $0.24 | — | ||
| Q2 24 | $-0.42 | — | ||
| Q1 24 | $-0.27 | — |
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 | $169.6M | $155.3M |
| 总债务越低越好 | $428.4M | $8.7B |
| 股东权益账面价值 | $128.7M | $8.1B |
| 总资产 | $1.2B | $18.0B |
| 负债/权益比越低杠杆越低 | 3.33× | 1.07× |
8季度趋势，按日历期对齐
现金及短期投资BHMWPC
| Q4 25 | $169.6M | $155.3M | ||
| Q3 25 | $2.1M | $249.0M | ||
| Q2 25 | $4.2M | $244.8M | ||
| Q1 25 | $3.0M | $187.8M | ||
| Q4 24 | $115.2M | $640.4M | ||
| Q3 24 | $155.1M | $818.2M | ||
| Q2 24 | $116.0M | $1.1B | ||
| Q1 24 | $92.3M | $777.0M |
总债务BHMWPC
| Q4 25 | $428.4M | $8.7B | ||
| Q3 25 | $415.9M | $8.7B | ||
| Q2 25 | $338.6M | $8.6B | ||
| Q1 25 | $336.5M | $7.9B | ||
| Q4 24 | $373.8M | $8.0B | ||
| Q3 24 | $122.5M | $8.0B | ||
| Q2 24 | $119.7M | $8.1B | ||
| Q1 24 | $120.2M | $7.9B |
股东权益BHMWPC
| Q4 25 | $128.7M | $8.1B | ||
| Q3 25 | $131.7M | $8.2B | ||
| Q2 25 | $135.3M | $8.2B | ||
| Q1 25 | $137.1M | $8.4B | ||
| Q4 24 | $139.1M | $8.4B | ||
| Q3 24 | $142.9M | $8.6B | ||
| Q2 24 | $142.5M | $8.6B | ||
| Q1 24 | $144.5M | $8.7B |
总资产BHMWPC
| Q4 25 | $1.2B | $18.0B | ||
| Q3 25 | $222.1M | $18.0B | ||
| Q2 25 | $220.3M | $18.0B | ||
| Q1 25 | $186.2M | $17.3B | ||
| Q4 24 | $967.0M | $17.5B | ||
| Q3 24 | $800.8M | $17.6B | ||
| Q2 24 | $756.2M | $17.8B | ||
| Q1 24 | $727.4M | $17.6B |
负债/权益比BHMWPC
| Q4 25 | 3.33× | 1.07× | ||
| Q3 25 | 3.16× | 1.06× | ||
| Q2 25 | 2.50× | 1.05× | ||
| Q1 25 | 2.45× | 0.94× | ||
| Q4 24 | 2.69× | 0.95× | ||
| Q3 24 | 0.86× | 0.93× | ||
| Q2 24 | 0.84× | 0.94× | ||
| Q1 24 | 0.83× | 0.91× |
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 | $-491.0K | $304.6M |
| 自由现金流经营现金流 - 资本支出 | $-4.2M | — |
| 自由现金流率自由现金流/营收 | -22.1% | — |
| 资本支出强度资本支出/营收 | 19.6% | — |
| 现金转化率经营现金流/净利润 | — | 2.05× |
| 过去12个月自由现金流最近4个季度 | $10.4M | — |
8季度趋势，按日历期对齐
经营现金流BHMWPC
| Q4 25 | $-491.0K | $304.6M | ||
| Q3 25 | $13.4M | $300.5M | ||
| Q2 25 | $13.9M | $404.0M | ||
| Q1 25 | $951.0K | $273.2M | ||
| Q4 24 | $5.0M | $296.3M | ||
| Q3 24 | $1.7M | $280.2M | ||
| Q2 24 | $1.3M | $221.0M | ||
| Q1 24 | $1.1M | $1.0B |
自由现金流BHMWPC
| Q4 25 | $-4.2M | — | ||
| Q3 25 | $8.7M | — | ||
| Q2 25 | $8.8M | — | ||
| Q1 25 | $-2.9M | — | ||
| Q4 24 | $1.6M | — | ||
| Q3 24 | $-601.0K | — | ||
| Q2 24 | $-654.0K | — | ||
| Q1 24 | $-630.0K | — |
自由现金流率BHMWPC
| Q4 25 | -22.1% | — | ||
| Q3 25 | 52.4% | — | ||
| Q2 25 | 52.2% | — | ||
| Q1 25 | -17.6% | — | ||
| Q4 24 | 11.8% | — | ||
| Q3 24 | -4.7% | — | ||
| Q2 24 | -5.2% | — | ||
| Q1 24 | -5.6% | — |
资本支出强度BHMWPC
| Q4 25 | 19.6% | — | ||
| Q3 25 | 28.5% | — | ||
| Q2 25 | 30.3% | — | ||
| Q1 25 | 23.4% | — | ||
| Q4 24 | 24.4% | — | ||
| Q3 24 | 18.0% | — | ||
| Q2 24 | 15.3% | — | ||
| Q1 24 | 15.5% | — |
现金转化率BHMWPC
| Q4 25 | — | 2.05× | ||
| Q3 25 | — | 2.13× | ||
| Q2 25 | — | 7.89× | ||
| Q1 25 | — | 2.17× | ||
| Q4 24 | — | 6.30× | ||
| Q3 24 | 0.47× | 2.51× | ||
| Q2 24 | — | 1.55× | ||
| Q1 24 | — | 6.50× |
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
BHM
| Residential Communities Segment | $11.4M | 61% |
| Scattered Single Family Homes Segment | $7.5M | 39% |
WPC
暂无分部数据
