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Cadre Holdings, Inc.（CDRE）与医疗房产信托（SVC）财务数据对比。点击上方公司名可切换其他公司
医疗房产信托的季度营收约是Cadre Holdings, Inc.的1.8倍（$296.5M vs $167.2M），Cadre Holdings, Inc.净利率更高（7.0% vs -0.3%，领先7.3%），Cadre Holdings, Inc.同比增速更快（-5.0% vs -17.0%），Cadre Holdings, Inc.自由现金流更多（$18.0M vs $-95.2M），过去两年Cadre Holdings, Inc.的营收复合增速更高（10.1% vs -6.1%）
Cadre Holdings, Inc.是美国金融科技企业，面向个人及机构客户提供房地产投资项目直投渠道，覆盖纽约等地的商业地产。公司打造的投资平台支持投资者自主选择参与的具体交易项目，且投资门槛远低于全额收购物业所需资金，让不动产投资变得更接近股票交易，获得财经媒体的广泛认可。
医疗房产信托（MPT）是总部位于阿拉巴马州伯明翰的国际房地产投资信托（REIT），主要在美国和欧洲地区收购投资医疗设施与营利性医疗控股公司。该公司的房产收购多采用售后回租模式，原产权方出售房产给MPT后成为承租租户，其租户普遍签订长期三净租约。
CDRE vs SVC — 直观对比
营收规模更大
SVC
是对方的1.8倍
$167.2M
营收增速更快
CDRE
高出12.0%
-17.0%
净利率更高
CDRE
高出7.3%
-0.3%
自由现金流更多
CDRE
多$113.2M
$-95.2M
两年增速更快
CDRE
近两年复合增速
-6.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $167.2M | $296.5M |
| 净利润 | $11.7M | $-782.0K |
| 毛利率 | 43.4% | — |
| 营业利润率 | 12.2% | -3.9% |
| 净利率 | 7.0% | -0.3% |
| 营收同比 | -5.0% | -17.0% |
| 净利润同比 | -9.6% | 99.0% |
| 每股收益（稀释后） | $0.22 | $-0.01 |
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CDRESVC
| Q4 25 | $167.2M | $296.5M | ||
| Q3 25 | $155.9M | $377.6M | ||
| Q2 25 | $157.1M | $404.4M | ||
| Q1 25 | $130.1M | $335.0M | ||
| Q4 24 | $176.0M | $357.0M | ||
| Q3 24 | $109.4M | $390.9M | ||
| Q2 24 | $144.3M | $412.5M | ||
| Q1 24 | $137.9M | $336.2M |
净利润CDRESVC
| Q4 25 | $11.7M | $-782.0K | ||
| Q3 25 | $10.9M | $-46.9M | ||
| Q2 25 | $12.2M | $-38.2M | ||
| Q1 25 | $9.2M | $-116.4M | ||
| Q4 24 | $13.0M | $-76.4M | ||
| Q3 24 | $3.7M | $-46.9M | ||
| Q2 24 | $12.6M | $-73.8M | ||
| Q1 24 | $6.9M | $-78.4M |
毛利率CDRESVC
| Q4 25 | 43.4% | — | ||
| Q3 25 | 42.7% | — | ||
| Q2 25 | 40.9% | — | ||
| Q1 25 | 43.1% | — | ||
| Q4 24 | 43.9% | — | ||
| Q3 24 | 36.6% | — | ||
| Q2 24 | 40.6% | — | ||
| Q1 24 | 41.8% | — |
营业利润率CDRESVC
| Q4 25 | 12.2% | -3.9% | ||
| Q3 25 | 12.0% | -12.8% | ||
| Q2 25 | 9.3% | -9.2% | ||
| Q1 25 | 10.4% | -33.3% | ||
| Q4 24 | 16.7% | -19.4% | ||
| Q3 24 | 5.0% | -12.8% | ||
| Q2 24 | 13.8% | -17.1% | ||
| Q1 24 | 8.7% | -21.4% |
净利率CDRESVC
| Q4 25 | 7.0% | -0.3% | ||
| Q3 25 | 7.0% | -12.4% | ||
| Q2 25 | 7.8% | -9.4% | ||
| Q1 25 | 7.1% | -34.8% | ||
| Q4 24 | 7.4% | -21.4% | ||
| Q3 24 | 3.3% | -12.0% | ||
| Q2 24 | 8.7% | -17.9% | ||
| Q1 24 | 5.0% | -23.3% |
每股收益（稀释后）CDRESVC
| Q4 25 | $0.22 | $-0.01 | ||
| Q3 25 | $0.27 | $-0.28 | ||
| Q2 25 | $0.30 | $-0.23 | ||
| Q1 25 | $0.23 | $-0.70 | ||
| Q4 24 | $0.32 | $-0.46 | ||
| Q3 24 | $0.09 | $-0.28 | ||
| Q2 24 | $0.31 | $-0.45 | ||
| Q1 24 | $0.18 | $-0.48 |
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 | $122.9M | $346.8M |
| 总债务越低越好 | — | $5.5B |
| 股东权益账面价值 | $317.8M | $646.1M |
| 总资产 | $770.0M | $6.5B |
| 负债/权益比越低杠杆越低 | — | 8.52× |
8季度趋势，按日历期对齐
现金及短期投资CDRESVC
| Q4 25 | $122.9M | $346.8M | ||
| Q3 25 | $150.9M | $417.4M | ||
| Q2 25 | $137.5M | $63.2M | ||
| Q1 25 | $133.4M | $80.1M | ||
| Q4 24 | $124.9M | $143.5M | ||
| Q3 24 | $93.0M | $48.6M | ||
| Q2 24 | $105.9M | $14.6M | ||
| Q1 24 | $87.1M | $71.3M |
总债务CDRESVC
| Q4 25 | — | $5.5B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $5.8B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CDRESVC
| Q4 25 | $317.8M | $646.1M | ||
| Q3 25 | $340.4M | $647.9M | ||
| Q2 25 | $332.5M | $695.9M | ||
| Q1 25 | $317.6M | $734.6M | ||
| Q4 24 | $311.5M | $851.9M | ||
| Q3 24 | $300.3M | $929.0M | ||
| Q2 24 | $299.4M | $1.0B | ||
| Q1 24 | $270.7M | $1.1B |
总资产CDRESVC
| Q4 25 | $770.0M | $6.5B | ||
| Q3 25 | $792.1M | $7.0B | ||
| Q2 25 | $794.4M | $6.9B | ||
| Q1 25 | $656.3M | $7.0B | ||
| Q4 24 | $652.7M | $7.1B | ||
| Q3 24 | $616.6M | $7.1B | ||
| Q2 24 | $620.6M | $7.1B | ||
| Q1 24 | $599.4M | $7.2B |
负债/权益比CDRESVC
| Q4 25 | — | 8.52× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 6.85× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $21.3M | $-18.5M |
| 自由现金流经营现金流 - 资本支出 | $18.0M | $-95.2M |
| 自由现金流率自由现金流/营收 | 10.7% | -32.1% |
| 资本支出强度资本支出/营收 | 2.0% | 25.9% |
| 现金转化率经营现金流/净利润 | 1.81× | — |
| 过去12个月自由现金流最近4个季度 | $56.8M | $-107.0M |
8季度趋势，按日历期对齐
经营现金流CDRESVC
| Q4 25 | $21.3M | $-18.5M | ||
| Q3 25 | $22.5M | $98.1M | ||
| Q2 25 | $2.6M | $-7.0K | ||
| Q1 25 | $17.4M | $38.2M | ||
| Q4 24 | $23.7M | $-9.7M | ||
| Q3 24 | $-5.2M | $106.2M | ||
| Q2 24 | $11.1M | $43.8M | ||
| Q1 24 | $2.1M | $-926.0K |
自由现金流CDRESVC
| Q4 25 | $18.0M | $-95.2M | ||
| Q3 25 | $21.6M | $57.9M | ||
| Q2 25 | $1.2M | $-46.6M | ||
| Q1 25 | $16.1M | $-23.2M | ||
| Q4 24 | $22.4M | $-88.9M | ||
| Q3 24 | $-6.2M | $24.1M | ||
| Q2 24 | $9.1M | $-22.3M | ||
| Q1 24 | $794.0K | $-77.2M |
自由现金流率CDRESVC
| Q4 25 | 10.7% | -32.1% | ||
| Q3 25 | 13.9% | 15.3% | ||
| Q2 25 | 0.7% | -11.5% | ||
| Q1 25 | 12.4% | -6.9% | ||
| Q4 24 | 12.7% | -24.9% | ||
| Q3 24 | -5.7% | 6.2% | ||
| Q2 24 | 6.3% | -5.4% | ||
| Q1 24 | 0.6% | -23.0% |
资本支出强度CDRESVC
| Q4 25 | 2.0% | 25.9% | ||
| Q3 25 | 0.5% | 10.6% | ||
| Q2 25 | 0.9% | 11.5% | ||
| Q1 25 | 1.0% | 18.3% | ||
| Q4 24 | 0.7% | 22.2% | ||
| Q3 24 | 0.9% | 21.0% | ||
| Q2 24 | 1.4% | 16.0% | ||
| Q1 24 | 1.0% | 22.7% |
现金转化率CDRESVC
| Q4 25 | 1.81× | — | ||
| Q3 25 | 2.05× | — | ||
| Q2 25 | 0.21× | — | ||
| Q1 25 | 1.88× | — | ||
| Q4 24 | 1.83× | — | ||
| Q3 24 | -1.43× | — | ||
| Q2 24 | 0.89× | — | ||
| Q1 24 | 0.31× | — |
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
CDRE
| U.s.state And Local Agencies | $72.7M | 43% |
| Other | $48.6M | 29% |
| U.s.Federal Agencies | $31.6M | 19% |
| Commercial | $12.0M | 7% |
SVC
暂无分部数据
