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Claros Mortgage Trust, Inc.（CMTG）与Hudson Pacific Properties, Inc.（HPP）财务数据对比。点击上方公司名可切换其他公司
Hudson Pacific Properties, Inc.的季度营收约是Claros Mortgage Trust, Inc.的5.5倍（$256.0M vs $46.7M）。Hudson Pacific Properties, Inc.净利率更高（-109.4% vs -468.9%，领先359.5%）。Hudson Pacific Properties, Inc.同比增速更快（22.1% vs -22.4%）。过去两年Hudson Pacific Properties, Inc.的营收复合增速更高（9.4% vs -10.9%）
Claros Mortgage Trust, Inc.是一家总部位于美国的房地产投资信托公司，主要投资住宅及商业抵押贷款、抵押贷款支持证券等各类抵押相关资产，通过严谨的资产筛选和投资组合管理为股东创造稳定的风险调整后回报。
哈德逊太平洋地产是一家房地产投资信托企业，持有1580万平方英尺办公楼、150万平方英尺摄影棚，同时拥有300万平方英尺商用物业的未开发权益，资产布局覆盖美国西海岸及温哥华，注册地位于马里兰州，总部设在洛杉矶，是洛杉矶当地规模最大的独立摄影棚运营商。
CMTG vs HPP — 直观对比
营收规模更大
HPP
是对方的5.5倍
$46.7M
营收增速更快
HPP
高出44.5%
-22.4%
净利率更高
HPP
高出359.5%
-468.9%
两年增速更快
HPP
近两年复合增速
-10.9%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $46.7M | $256.0M |
| 净利润 | $-219.2M | $-280.2M |
| 毛利率 | — | 60.0% |
| 营业利润率 | — | -109.8% |
| 净利率 | -468.9% | -109.4% |
| 营收同比 | -22.4% | 22.1% |
| 净利润同比 | -117.7% | -61.5% |
| 每股收益（稀释后） | $-1.56 | $-11.57 |
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CMTGHPP
| Q4 25 | $46.7M | $256.0M | ||
| Q3 25 | $46.1M | $186.6M | ||
| Q2 25 | $51.6M | $190.0M | ||
| Q1 25 | $43.4M | $198.5M | ||
| Q4 24 | $60.2M | $209.7M | ||
| Q3 24 | $64.9M | $200.4M | ||
| Q2 24 | $64.5M | $218.0M | ||
| Q1 24 | $58.8M | $214.0M |
净利润CMTGHPP
| Q4 25 | $-219.2M | $-280.2M | ||
| Q3 25 | $-9.5M | $-144.1M | ||
| Q2 25 | $-181.7M | $-87.8M | ||
| Q1 25 | $-78.6M | $-80.3M | ||
| Q4 24 | $-100.7M | $-173.5M | ||
| Q3 24 | $-56.2M | $-107.0M | ||
| Q2 24 | $-11.6M | $-47.6M | ||
| Q1 24 | $-52.8M | $-53.4M |
毛利率CMTGHPP
| Q4 25 | — | 60.0% | ||
| Q3 25 | — | 44.3% | ||
| Q2 25 | — | 43.1% | ||
| Q1 25 | — | 42.9% | ||
| Q4 24 | — | 44.7% | ||
| Q3 24 | — | 42.7% | ||
| Q2 24 | — | 48.0% | ||
| Q1 24 | — | 48.6% |
营业利润率CMTGHPP
| Q4 25 | — | -109.8% | ||
| Q3 25 | — | -77.2% | ||
| Q2 25 | — | -46.0% | ||
| Q1 25 | — | -40.4% | ||
| Q4 24 | — | -83.2% | ||
| Q3 24 | — | -52.3% | ||
| Q2 24 | — | -21.6% | ||
| Q1 24 | — | -24.9% |
净利率CMTGHPP
| Q4 25 | -468.9% | -109.4% | ||
| Q3 25 | -20.7% | -77.2% | ||
| Q2 25 | -351.9% | -46.2% | ||
| Q1 25 | -181.3% | -40.5% | ||
| Q4 24 | -167.2% | -82.7% | ||
| Q3 24 | -86.7% | -53.4% | ||
| Q2 24 | -17.9% | -21.8% | ||
| Q1 24 | -89.7% | -24.9% |
每股收益（稀释后）CMTGHPP
| Q4 25 | $-1.56 | $-11.57 | ||
| Q3 25 | $-0.07 | $-0.30 | ||
| Q2 25 | $-1.30 | $-0.41 | ||
| Q1 25 | $-0.56 | $-0.53 | ||
| Q4 24 | $-0.72 | $-1.19 | ||
| Q3 24 | $-0.40 | $-0.69 | ||
| Q2 24 | $-0.09 | $-0.33 | ||
| Q1 24 | $-0.39 | $-0.37 |
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 | $173.2M | $138.4M |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $1.5B | $3.0B |
| 总资产 | $4.7B | $7.3B |
| 负债/权益比越低杠杆越低 | 2.06× | — |
8季度趋势，按日历期对齐
现金及短期投资CMTGHPP
| Q4 25 | $173.2M | $138.4M | ||
| Q3 25 | $339.5M | $190.4M | ||
| Q2 25 | $209.2M | $236.0M | ||
| Q1 25 | $127.8M | $86.5M | ||
| Q4 24 | $99.1M | $63.3M | ||
| Q3 24 | $113.9M | $90.7M | ||
| Q2 24 | $148.2M | $78.5M | ||
| Q1 24 | $232.5M | $114.3M |
总债务CMTGHPP
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.7B | — | ||
| Q2 25 | $4.0B | — | ||
| Q1 25 | $4.7B | — | ||
| Q4 24 | $4.9B | — | ||
| Q3 24 | $5.1B | — | ||
| Q2 24 | $5.3B | — | ||
| Q1 24 | $5.5B | — |
股东权益CMTGHPP
| Q4 25 | $1.5B | $3.0B | ||
| Q3 25 | $1.7B | $3.2B | ||
| Q2 25 | $1.8B | $3.4B | ||
| Q1 25 | $1.9B | $2.8B | ||
| Q4 24 | $2.0B | $2.9B | ||
| Q3 24 | $2.1B | $3.0B | ||
| Q2 24 | $2.2B | $3.1B | ||
| Q1 24 | $2.2B | $3.2B |
总资产CMTGHPP
| Q4 25 | $4.7B | $7.3B | ||
| Q3 25 | $5.4B | $7.8B | ||
| Q2 25 | $5.8B | $8.1B | ||
| Q1 25 | $6.7B | $8.0B | ||
| Q4 24 | $7.0B | $8.1B | ||
| Q3 24 | $7.3B | $8.3B | ||
| Q2 24 | $7.6B | $8.4B | ||
| Q1 24 | $7.8B | $8.3B |
负债/权益比CMTGHPP
| Q4 25 | 2.06× | — | ||
| Q3 25 | 2.09× | — | ||
| Q2 25 | 2.29× | — | ||
| Q1 25 | 2.42× | — | ||
| Q4 24 | 2.44× | — | ||
| Q3 24 | 2.44× | — | ||
| Q2 24 | 2.46× | — | ||
| Q1 24 | 2.47× | — |
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 | $2.4M | $59.3M |
| 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 | — | — |
| 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CMTGHPP
| Q4 25 | $2.4M | $59.3M | ||
| Q3 25 | $8.8M | $33.2M | ||
| Q2 25 | $-5.8M | $-2.0M | ||
| Q1 25 | $-35.8M | $30.5M | ||
| Q4 24 | $18.3M | $162.0K | ||
| Q3 24 | $39.2M | $63.7M | ||
| Q2 24 | $5.5M | $35.6M | ||
| Q1 24 | $21.5M | $65.1M |
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
CMTG
| Real Estate Owned Portfolio | $34.2M | 73% |
| Other | $11.1M | 24% |
| Mixed Use Property Fixed Rents | $1.4M | 3% |
HPP
| Core Office | $217.1M | 85% |
| Studio Segment | $21.8M | 9% |
| Ancillary Revenue | $20.2M | 8% |
| Chargebacks | $3.3M | 1% |
