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Brixmor Property Group Inc.（BRX）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
世纪互联的季度营收约是Brixmor Property Group Inc.的1.0倍（$362.7M vs $354.8M），Brixmor Property Group Inc.净利率更高（36.0% vs -10.7%，领先46.7%），过去两年世纪互联的营收复合增速更高（17.4% vs 6.0%）
Brixmor Property Group是一家公开上市的房地产投资信托（REIT），核心业务为投资购物中心类商业地产，专注于挖掘零售不动产的商业价值，在为股东创造稳定投资回报的同时，也为入驻商户的运营发展提供物业配套支持。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
BRX vs VNET — 直观对比
营收规模更大
VNET
是对方的1.0倍
$354.8M
净利率更高
BRX
高出46.7%
-10.7%
两年增速更快
VNET
近两年复合增速
6.0%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $354.8M | $362.7M |
| 净利润 | $127.8M | $-38.7M |
| 毛利率 | — | 20.9% |
| 营业利润率 | 37.8% | 0.5% |
| 净利率 | 36.0% | -10.7% |
| 营收同比 | 5.1% | — |
| 净利润同比 | 83.2% | — |
| 每股收益（稀释后） | $0.41 | — |
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BRXVNET
| Q1 26 | $354.8M | — | ||
| Q4 25 | $353.8M | — | ||
| Q3 25 | $340.8M | $362.7M | ||
| Q2 25 | $339.5M | — | ||
| Q1 25 | $337.5M | $309.5M | ||
| Q4 24 | $328.4M | — | ||
| Q3 24 | $320.7M | $302.2M | ||
| Q2 24 | $315.7M | $274.4M |
净利润BRXVNET
| Q1 26 | $127.8M | — | ||
| Q4 25 | $137.1M | — | ||
| Q3 25 | $94.2M | $-38.7M | ||
| Q2 25 | $85.1M | — | ||
| Q1 25 | $69.7M | $-2.4M | ||
| Q4 24 | $83.4M | — | ||
| Q3 24 | $96.8M | $-2.1M | ||
| Q2 24 | $70.1M | $-1.1M |
毛利率BRXVNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 20.9% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 25.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 23.2% | ||
| Q2 24 | — | 21.3% |
营业利润率BRXVNET
| Q1 26 | 37.8% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.5% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 24.5% | ||
| Q2 24 | — | 0.2% |
净利率BRXVNET
| Q1 26 | 36.0% | — | ||
| Q4 25 | 38.8% | — | ||
| Q3 25 | 27.6% | -10.7% | ||
| Q2 25 | 25.1% | — | ||
| Q1 25 | 20.7% | -0.8% | ||
| Q4 24 | 25.4% | — | ||
| Q3 24 | 30.2% | -0.7% | ||
| Q2 24 | 22.2% | -0.4% |
每股收益（稀释后）BRXVNET
| Q1 26 | $0.41 | — | ||
| Q4 25 | $0.43 | — | ||
| Q3 25 | $0.31 | — | ||
| Q2 25 | $0.28 | — | ||
| Q1 25 | $0.23 | — | ||
| Q4 24 | $0.27 | — | ||
| Q3 24 | $0.32 | — | ||
| Q2 24 | $0.23 | — |
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 | $323.9M | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.0B | $890.8M |
| 总资产 | $9.1B | $6.1B |
| 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BRXVNET
| Q1 26 | $323.9M | — | ||
| Q4 25 | $334.4M | — | ||
| Q3 25 | $331.5M | $492.1M | ||
| Q2 25 | $105.0M | — | ||
| Q1 25 | $106.5M | $544.3M | ||
| Q4 24 | $377.6M | — | ||
| Q3 24 | $451.3M | $219.5M | ||
| Q2 24 | $473.6M | $247.2M |
总债务BRXVNET
| Q1 26 | — | — | ||
| Q4 25 | $5.5B | — | ||
| Q3 25 | $5.5B | — | ||
| Q2 25 | $5.1B | — | ||
| Q1 25 | $5.1B | — | ||
| Q4 24 | $5.3B | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — |
股东权益BRXVNET
| Q1 26 | $3.0B | — | ||
| Q4 25 | $3.0B | — | ||
| Q3 25 | $3.0B | $890.8M | ||
| Q2 25 | $3.0B | — | ||
| Q1 25 | $3.0B | $927.8M | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $2.9B | $902.9M | ||
| Q2 24 | $2.9B | $900.6M |
总资产BRXVNET
| Q1 26 | $9.1B | — | ||
| Q4 25 | $9.1B | — | ||
| Q3 25 | $9.0B | $6.1B | ||
| Q2 25 | $8.6B | — | ||
| Q1 25 | $8.6B | $5.4B | ||
| Q4 24 | $8.9B | — | ||
| Q3 24 | $8.7B | $4.3B | ||
| Q2 24 | $8.7B | $4.0B |
负债/权益比BRXVNET
| Q1 26 | — | — | ||
| Q4 25 | 1.83× | — | ||
| Q3 25 | 1.85× | — | ||
| Q2 25 | 1.73× | — | ||
| Q1 25 | 1.73× | — | ||
| Q4 24 | 1.79× | — | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | — | — |
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 | — | $113.8M |
| 自由现金流经营现金流 - 资本支出 | — | $-193.1M |
| 自由现金流率自由现金流/营收 | — | -53.2% |
| 资本支出强度资本支出/营收 | 3.4% | 84.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-589.7M |
8季度趋势，按日历期对齐
经营现金流BRXVNET
| Q1 26 | — | — | ||
| Q4 25 | $652.0M | — | ||
| Q3 25 | $168.3M | $113.8M | ||
| Q2 25 | $181.5M | — | ||
| Q1 25 | $130.1M | $27.0M | ||
| Q4 24 | $624.7M | — | ||
| Q3 24 | $157.5M | $108.3M | ||
| Q2 24 | $183.5M | $55.8M |
自由现金流BRXVNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $-193.1M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-220.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-95.0M | ||
| Q2 24 | — | $-81.6M |
自由现金流率BRXVNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | -53.2% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -71.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -31.4% | ||
| Q2 24 | — | -29.8% |
资本支出强度BRXVNET
| Q1 26 | 3.4% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 84.6% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 79.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 67.3% | ||
| Q2 24 | — | 50.1% |
现金转化率BRXVNET
| Q1 26 | — | — | ||
| Q4 25 | 4.75× | — | ||
| Q3 25 | 1.79× | — | ||
| Q2 25 | 2.13× | — | ||
| Q1 25 | 1.87× | — | ||
| Q4 24 | 7.49× | — | ||
| Q3 24 | 1.63× | — | ||
| Q2 24 | 2.62× | — |
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
BRX
| Rental income | $354.3M | 100% |
| Other revenues | $482.0K | 0% |
VNET
暂无分部数据
