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Claros Mortgage Trust, Inc.（CMTG）与REDWOOD TRUST INC（RWT）财务数据对比。点击上方公司名可切换其他公司
Claros Mortgage Trust, Inc.的季度营收约是REDWOOD TRUST INC的1.8倍（$46.7M vs $25.9M），REDWOOD TRUST INC净利率更高（77.2% vs -468.9%，领先546.2%），REDWOOD TRUST INC同比增速更快（-6.1% vs -22.4%），过去两年Claros Mortgage Trust, Inc.的营收复合增速更高（-10.9% vs -41.0%）
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。
Redwood Trust Inc是总部位于美国的专业房地产投资信托公司，主营住宅与商业抵押贷款、抵押贷款支持证券及房地产信贷类资产的投资管理，核心业务覆盖住宅抵押贷款发放、商业地产信贷和投资服务，客户以机构投资者和房地产市场参与者为主。
CMTG vs RWT — 直观对比
营收规模更大
CMTG
是对方的1.8倍
$25.9M
营收增速更快
RWT
高出16.3%
-22.4%
净利率更高
RWT
高出546.2%
-468.9%
两年增速更快
CMTG
近两年复合增速
-41.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $46.7M | $25.9M |
| 净利润 | $-219.2M | $20.0M |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | -468.9% | 77.2% |
| 营收同比 | -22.4% | -6.1% |
| 净利润同比 | -117.7% | 402.6% |
| 每股收益（稀释后） | $-1.56 | $0.11 |
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CMTGRWT
| Q4 25 | $46.7M | $25.9M | ||
| Q3 25 | $46.1M | $15.0M | ||
| Q2 25 | $51.6M | $13.8M | ||
| Q1 25 | $43.4M | $27.9M | ||
| Q4 24 | $60.2M | $27.6M | ||
| Q3 24 | $64.9M | $25.5M | ||
| Q2 24 | $64.5M | $67.4M | ||
| Q1 24 | $58.8M | $74.5M |
净利润CMTGRWT
| Q4 25 | $-219.2M | $20.0M | ||
| Q3 25 | $-9.5M | $-7.7M | ||
| Q2 25 | $-181.7M | $-98.5M | ||
| Q1 25 | $-78.6M | $16.1M | ||
| Q4 24 | $-100.7M | $-6.6M | ||
| Q3 24 | $-56.2M | $14.8M | ||
| Q2 24 | $-11.6M | $15.5M | ||
| Q1 24 | $-52.8M | $30.3M |
营业利润率CMTGRWT
| Q4 25 | — | — | ||
| Q3 25 | — | -9.0% | ||
| Q2 25 | — | -679.0% | ||
| Q1 25 | — | 80.2% | ||
| Q4 24 | — | -1.3% | ||
| Q3 24 | — | 86.1% | ||
| Q2 24 | — | 30.3% | ||
| Q1 24 | — | 41.3% |
净利率CMTGRWT
| Q4 25 | -468.9% | 77.2% | ||
| Q3 25 | -20.7% | -51.4% | ||
| Q2 25 | -351.9% | -712.0% | ||
| Q1 25 | -181.3% | 57.8% | ||
| Q4 24 | -167.2% | -24.0% | ||
| Q3 24 | -86.7% | 58.1% | ||
| Q2 24 | -17.9% | 23.0% | ||
| Q1 24 | -89.7% | 40.6% |
每股收益（稀释后）CMTGRWT
| Q4 25 | $-1.56 | $0.11 | ||
| Q3 25 | $-0.07 | $-0.08 | ||
| Q2 25 | $-1.30 | $-0.76 | ||
| Q1 25 | $-0.56 | $0.10 | ||
| Q4 24 | $-0.72 | $-0.08 | ||
| Q3 24 | $-0.40 | $0.09 | ||
| Q2 24 | $-0.09 | $0.10 | ||
| Q1 24 | $-0.39 | $0.21 |
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 | $255.7M |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $1.5B | $982.6M |
| 总资产 | $4.7B | $23.7B |
| 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CMTGRWT
| Q4 25 | $173.2M | $255.7M | ||
| Q3 25 | $339.5M | $226.3M | ||
| Q2 25 | $209.2M | $302.0M | ||
| Q1 25 | $127.8M | $259.9M | ||
| Q4 24 | $99.1M | $245.2M | ||
| Q3 24 | $113.9M | $253.7M | ||
| Q2 24 | $148.2M | $275.6M | ||
| Q1 24 | $232.5M | $275.4M |
总债务CMTGRWT
| 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 | $1.7B |
股东权益CMTGRWT
| Q4 25 | $1.5B | $982.6M | ||
| Q3 25 | $1.7B | $999.0M | ||
| Q2 25 | $1.8B | $1.1B | ||
| Q1 25 | $1.9B | $1.2B | ||
| Q4 24 | $2.0B | $1.2B | ||
| Q3 24 | $2.1B | $1.2B | ||
| Q2 24 | $2.2B | $1.2B | ||
| Q1 24 | $2.2B | $1.2B |
总资产CMTGRWT
| Q4 25 | $4.7B | $23.7B | ||
| Q3 25 | $5.4B | $22.6B | ||
| Q2 25 | $5.8B | $21.3B | ||
| Q1 25 | $6.7B | $19.9B | ||
| Q4 24 | $7.0B | $18.3B | ||
| Q3 24 | $7.3B | $18.4B | ||
| Q2 24 | $7.6B | $16.5B | ||
| Q1 24 | $7.8B | $15.1B |
负债/权益比CMTGRWT
| 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× | 1.39× |
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 | $-30.5M | $-10.1B |
| 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 | — | -504.15× |
| 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CMTGRWT
| Q4 25 | $-30.5M | $-10.1B | ||
| Q3 25 | $8.8M | $-2.7B | ||
| Q2 25 | $-5.8M | $-2.1B | ||
| Q1 25 | $-35.8M | $-2.0B | ||
| Q4 24 | $84.5M | $-5.9B | ||
| Q3 24 | $39.2M | $-2.1B | ||
| Q2 24 | $5.5M | $-2.0B | ||
| Q1 24 | $21.5M | $-954.2M |
现金转化率CMTGRWT
| Q4 25 | — | -504.15× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -120.92× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -140.86× | ||
| Q2 24 | — | -126.56× | ||
| Q1 24 | — | -31.53× |
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% |
RWT
暂无分部数据
