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Canopy Growth Corp（CGC）与牛津地产（IIPR）财务数据对比。点击上方公司名可切换其他公司
牛津地产的季度营收约是Canopy Growth Corp的1.2倍（$66.7M vs $54.4M），牛津地产净利率更高（47.8% vs -84.0%，领先131.8%），Canopy Growth Corp同比增速更快（-0.3% vs -13.1%），过去两年Canopy Growth Corp的营收复合增速更高（1.2% vs -6.0%）
Canopy Growth Corp前身为Tweed Marijuana Inc，是一家总部位于加拿大安大略省史密斯福尔斯的大麻企业，在北美大麻行业拥有较高知名度，主要从事大麻相关产品的研发、生产与销售业务。
牛津地产是一家加拿大跨国企业，业务涵盖房地产投资、开发与物业管理。其投资组合包含写字楼、零售、工业、多户住宅、生命科学及酒店类资产。该公司1960年以私营企业形式创立，自2003年起成为安大略省市政雇员退休系统（OMERS）的全资子公司，总部设于多伦多，在纽约、伦敦、澳大利亚、新加坡及卢森堡均设有区域总部。
CGC vs IIPR — 直观对比
营收规模更大
IIPR
是对方的1.2倍
$54.4M
营收增速更快
CGC
高出12.8%
-13.1%
净利率更高
IIPR
高出131.8%
-84.0%
两年增速更快
CGC
近两年复合增速
-6.0%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $54.4M | $66.7M |
| 净利润 | $-45.7M | $31.8M |
| 毛利率 | 28.8% | — |
| 营业利润率 | -35.3% | 47.8% |
| 净利率 | -84.0% | 47.8% |
| 营收同比 | -0.3% | -13.1% |
| 净利润同比 | 48.6% | -20.4% |
| 每股收益（稀释后） | — | $1.07 |
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CGCIIPR
| Q4 25 | $54.4M | $66.7M | ||
| Q3 25 | $48.7M | $64.7M | ||
| Q2 25 | $52.7M | $62.9M | ||
| Q1 25 | $47.5M | $71.7M | ||
| Q4 24 | $54.6M | $76.7M | ||
| Q3 24 | $46.0M | $76.5M | ||
| Q2 24 | $48.3M | $79.8M | ||
| Q1 24 | $53.1M | $75.5M |
净利润CGCIIPR
| Q4 25 | $-45.7M | $31.8M | ||
| Q3 25 | $-1.2M | $29.3M | ||
| Q2 25 | $-30.3M | $26.0M | ||
| Q1 25 | — | $31.1M | ||
| Q4 24 | $-89.0M | $40.0M | ||
| Q3 24 | $-93.7M | $40.2M | ||
| Q2 24 | $-92.8M | $42.0M | ||
| Q1 24 | — | $39.4M |
毛利率CGCIIPR
| Q4 25 | 28.8% | — | ||
| Q3 25 | 32.8% | — | ||
| Q2 25 | 25.0% | — | ||
| Q1 25 | 16.2% | — | ||
| Q4 24 | 32.2% | — | ||
| Q3 24 | 34.7% | — | ||
| Q2 24 | 34.8% | — | ||
| Q1 24 | 21.3% | — |
营业利润率CGCIIPR
| Q4 25 | -35.3% | 47.8% | ||
| Q3 25 | -25.3% | 45.5% | ||
| Q2 25 | -31.4% | 45.9% | ||
| Q1 25 | — | 47.4% | ||
| Q4 24 | -31.9% | 54.7% | ||
| Q3 24 | -72.9% | 54.8% | ||
| Q2 24 | -44.0% | 53.1% | ||
| Q1 24 | — | 55.7% |
净利率CGCIIPR
| Q4 25 | -84.0% | 47.8% | ||
| Q3 25 | -2.5% | 45.3% | ||
| Q2 25 | -57.6% | 41.4% | ||
| Q1 25 | — | 43.3% | ||
| Q4 24 | -163.0% | 52.2% | ||
| Q3 24 | -203.7% | 52.6% | ||
| Q2 24 | -192.0% | 52.6% | ||
| Q1 24 | — | 52.3% |
每股收益（稀释后）CGCIIPR
| Q4 25 | — | $1.07 | ||
| Q3 25 | — | $0.97 | ||
| Q2 25 | — | $0.86 | ||
| Q1 25 | — | $1.03 | ||
| Q4 24 | — | $1.35 | ||
| Q3 24 | — | $1.37 | ||
| Q2 24 | — | $1.44 | ||
| Q1 24 | — | $1.36 |
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 | $271.1M | $47.6M |
| 总债务越低越好 | — | $393.7M |
| 股东权益账面价值 | $553.5M | $1.8B |
| 总资产 | $807.5M | $2.4B |
| 负债/权益比越低杠杆越低 | — | 0.21× |
8季度趋势，按日历期对齐
现金及短期投资CGCIIPR
| Q4 25 | $271.1M | $47.6M | ||
| Q3 25 | $217.6M | $41.9M | ||
| Q2 25 | $104.8M | $104.9M | ||
| Q1 25 | $96.0M | $133.3M | ||
| Q4 24 | $130.2M | $151.2M | ||
| Q3 24 | $168.8M | $172.4M | ||
| Q2 24 | $142.3M | $160.9M | ||
| Q1 24 | $148.5M | $173.5M |
总债务CGCIIPR
| Q4 25 | — | $393.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CGCIIPR
| Q4 25 | $553.5M | $1.8B | ||
| Q3 25 | $537.3M | $1.9B | ||
| Q2 25 | $357.0M | $1.9B | ||
| Q1 25 | $355.7M | $1.9B | ||
| Q4 24 | $431.8M | $1.9B | ||
| Q3 24 | $372.1M | $1.9B | ||
| Q2 24 | $389.0M | $1.9B | ||
| Q1 24 | $365.3M | $2.0B |
总资产CGCIIPR
| Q4 25 | $807.5M | $2.4B | ||
| Q3 25 | $781.0M | $2.3B | ||
| Q2 25 | $660.4M | $2.3B | ||
| Q1 25 | $669.9M | $2.4B | ||
| Q4 24 | $849.9M | $2.4B | ||
| Q3 24 | $899.6M | $2.4B | ||
| Q2 24 | $938.9M | $2.4B | ||
| Q1 24 | $949.2M | $2.4B |
负债/权益比CGCIIPR
| Q4 25 | — | 0.21× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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 | — | $198.2M |
| 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 | — | — |
| 现金转化率经营现金流/净利润 | — | 6.22× |
| 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CGCIIPR
| Q4 25 | — | $198.2M | ||
| Q3 25 | — | $45.6M | ||
| Q2 25 | $-7.5M | $48.4M | ||
| Q1 25 | $-121.0M | $54.2M | ||
| Q4 24 | — | $258.4M | ||
| Q3 24 | — | $64.9M | ||
| Q2 24 | $-37.8M | $64.2M | ||
| Q1 24 | $-205.8M | $71.6M |
自由现金流CGCIIPR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $-8.5M | — | ||
| Q1 25 | $-128.9M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $-40.7M | — | ||
| Q1 24 | $-208.3M | — |
自由现金流率CGCIIPR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -16.1% | — | ||
| Q1 25 | -271.5% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -84.1% | — | ||
| Q1 24 | -392.1% | — |
资本支出强度CGCIIPR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.8% | — | ||
| Q1 25 | 16.6% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 5.9% | — | ||
| Q1 24 | 4.7% | — |
现金转化率CGCIIPR
| Q4 25 | — | 6.22× | ||
| Q3 25 | — | 1.56× | ||
| Q2 25 | — | 1.86× | ||
| Q1 25 | — | 1.75× | ||
| Q4 24 | — | 6.46× | ||
| Q3 24 | — | 1.61× | ||
| Q2 24 | — | 1.53× | ||
| Q1 24 | — | 1.82× |
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
CGC
| Other | $24.0M | 44% |
| Canadian Adult Use Cannabis | $22.9M | 42% |
| International Markets Cannabis | $6.2M | 11% |
| Other Geographical Area | $1.2M | 2% |
IIPR
暂无分部数据
