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CENTERSPACE（CSR）与NOODLES & Co（NDLS）财务数据对比。点击上方公司名可切换其他公司
NOODLES & Co的季度营收约是CENTERSPACE的1.8倍（$122.1M vs $66.6M），NOODLES & Co净利率更高（-7.5% vs -27.7%，领先20.2%），CENTERSPACE同比增速更快（0.3% vs -4.1%），CENTERSPACE自由现金流更多（$64.3M vs $-2.8M），过去两年CENTERSPACE的营收复合增速更高（1.6% vs -1.2%）
Centerspace是一家专注于多户住宅物业持有、运营与开发的房地产投资企业，核心业务覆盖美国中西部及落基山西部区域，面向不同租户群体提供经济型及高端住宅选择，重视租户体验与资产长期价值增长。
Noodles & Company是源自美国的休闲快餐连锁品牌，主打融合多国风味及美式特色的面条菜品，同时也供应汤品和沙拉。品牌由亚伦·肯尼迪创立于1995年，总部位于科罗拉多州布鲁姆菲尔德，截至2022年年中，品牌已在美国31个州开出了458家门店。
CSR vs NDLS — 直观对比
营收规模更大
NDLS
是对方的1.8倍
$66.6M
营收增速更快
CSR
高出4.5%
-4.1%
净利率更高
NDLS
高出20.2%
-27.7%
自由现金流更多
CSR
多$67.1M
$-2.8M
两年增速更快
CSR
近两年复合增速
-1.2%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $66.6M | $122.1M |
| 净利润 | $-18.4M | $-9.2M |
| 毛利率 | 96.5% | — |
| 营业利润率 | -15.9% | -5.2% |
| 净利率 | -27.7% | -7.5% |
| 营收同比 | 0.3% | -4.1% |
| 净利润同比 | -262.9% | 32.8% |
| 每股收益（稀释后） | $-1.08 | $-0.20 |
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CSRNDLS
| Q4 25 | $66.6M | — | ||
| Q3 25 | $71.4M | $122.1M | ||
| Q2 25 | $68.5M | $123.8M | ||
| Q1 25 | $67.1M | — | ||
| Q4 24 | $66.4M | $122.8M | ||
| Q3 24 | $65.0M | $127.4M | ||
| Q2 24 | $65.0M | $121.4M | ||
| Q1 24 | $64.5M | $124.3M |
净利润CSRNDLS
| Q4 25 | $-18.4M | — | ||
| Q3 25 | $53.8M | $-9.2M | ||
| Q2 25 | $-14.5M | $-9.1M | ||
| Q1 25 | $-3.7M | — | ||
| Q4 24 | $-5.1M | $-6.8M | ||
| Q3 24 | $-1.0M | $-13.6M | ||
| Q2 24 | $-1.3M | $-6.1M | ||
| Q1 24 | $-3.9M | $-6.1M |
毛利率CSRNDLS
| Q4 25 | 96.5% | — | ||
| Q3 25 | 96.5% | — | ||
| Q2 25 | 96.5% | — | ||
| Q1 25 | 96.4% | — | ||
| Q4 24 | 96.5% | — | ||
| Q3 24 | 96.6% | — | ||
| Q2 24 | 96.6% | — | ||
| Q1 24 | 96.4% | — |
营业利润率CSRNDLS
| Q4 25 | -15.9% | — | ||
| Q3 25 | — | -5.2% | ||
| Q2 25 | -9.9% | -5.2% | ||
| Q1 25 | 7.1% | — | ||
| Q4 24 | 4.3% | -3.9% | ||
| Q3 24 | 9.8% | -9.0% | ||
| Q2 24 | 11.1% | -3.4% | ||
| Q1 24 | 6.3% | -3.7% |
净利率CSRNDLS
| Q4 25 | -27.7% | — | ||
| Q3 25 | 75.3% | -7.5% | ||
| Q2 25 | -21.2% | -7.3% | ||
| Q1 25 | -5.6% | — | ||
| Q4 24 | -7.6% | -5.5% | ||
| Q3 24 | -1.6% | -10.7% | ||
| Q2 24 | -2.0% | -5.1% | ||
| Q1 24 | -6.1% | -4.9% |
每股收益（稀释后）CSRNDLS
| Q4 25 | $-1.08 | — | ||
| Q3 25 | $3.19 | $-0.20 | ||
| Q2 25 | $-0.87 | $-0.20 | ||
| Q1 25 | $-0.22 | — | ||
| Q4 24 | $-0.31 | $-0.15 | ||
| Q3 24 | $-0.40 | $-0.30 | ||
| Q2 24 | $-0.19 | $-0.14 | ||
| Q1 24 | $-0.37 | $-1.64 |
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 | $12.8M | $4.7M |
| 总债务越低越好 | $1.0B | — |
| 股东权益账面价值 | $719.2M | $-38.9M |
| 总资产 | $1.9B | $280.6M |
| 负债/权益比越低杠杆越低 | 1.42× | — |
8季度趋势，按日历期对齐
现金及短期投资CSRNDLS
| Q4 25 | $12.8M | — | ||
| Q3 25 | $12.9M | $4.7M | ||
| Q2 25 | $12.4M | $1.4M | ||
| Q1 25 | $11.9M | — | ||
| Q4 24 | $12.0M | $3.3M | ||
| Q3 24 | $14.5M | $1.8M | ||
| Q2 24 | $14.3M | $1.3M | ||
| Q1 24 | $12.7M | $3.0M |
总债务CSRNDLS
| Q4 25 | $1.0B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $955.5M | — | ||
| Q4 24 | $955.4M | — | ||
| Q3 24 | $921.3M | — | ||
| Q2 24 | $931.7M | — | ||
| Q1 24 | $929.1M | — |
股东权益CSRNDLS
| Q4 25 | $719.2M | — | ||
| Q3 25 | $748.6M | $-38.9M | ||
| Q2 25 | $710.1M | $-13.9M | ||
| Q1 25 | $636.8M | — | ||
| Q4 24 | $752.0M | $3.7M | ||
| Q3 24 | $672.5M | $9.6M | ||
| Q2 24 | $680.7M | $21.9M | ||
| Q1 24 | $688.1M | $27.2M |
总资产CSRNDLS
| Q4 25 | $1.9B | — | ||
| Q3 25 | $2.1B | $280.6M | ||
| Q2 25 | $2.0B | $319.4M | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.9B | $340.5M | ||
| Q3 24 | $1.9B | $346.3M | ||
| Q2 24 | $1.9B | $360.4M | ||
| Q1 24 | $1.9B | $368.1M |
负债/权益比CSRNDLS
| Q4 25 | 1.42× | — | ||
| Q3 25 | 1.53× | — | ||
| Q2 25 | 1.57× | — | ||
| Q1 25 | 1.50× | — | ||
| Q4 24 | 1.27× | — | ||
| Q3 24 | 1.37× | — | ||
| Q2 24 | 1.37× | — | ||
| Q1 24 | 1.35× | — |
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 | $98.5M | $4.3M |
| 自由现金流经营现金流 - 资本支出 | $64.3M | $-2.8M |
| 自由现金流率自由现金流/营收 | 96.5% | -2.3% |
| 资本支出强度资本支出/营收 | 51.3% | 5.8% |
| 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 | $125.9M | $-7.5M |
8季度趋势，按日历期对齐
经营现金流CSRNDLS
| Q4 25 | $98.5M | — | ||
| Q3 25 | $35.1M | $4.3M | ||
| Q2 25 | $25.3M | $4.0M | ||
| Q1 25 | $25.4M | — | ||
| Q4 24 | $98.2M | $5.8M | ||
| Q3 24 | $32.3M | $4.7M | ||
| Q2 24 | $22.9M | $7.0M | ||
| Q1 24 | $24.4M | $164.0K |
自由现金流CSRNDLS
| Q4 25 | $64.3M | — | ||
| Q3 25 | $25.7M | $-2.8M | ||
| Q2 25 | $15.5M | $1.1M | ||
| Q1 25 | $20.4M | — | ||
| Q4 24 | $41.6M | $-1.3M | ||
| Q3 24 | $20.5M | $-4.5M | ||
| Q2 24 | $9.1M | $-1.6M | ||
| Q1 24 | $2.6M | $-15.2M |
自由现金流率CSRNDLS
| Q4 25 | 96.5% | — | ||
| Q3 25 | 36.0% | -2.3% | ||
| Q2 25 | 22.7% | 0.9% | ||
| Q1 25 | 30.4% | — | ||
| Q4 24 | 62.6% | -1.1% | ||
| Q3 24 | 31.5% | -3.5% | ||
| Q2 24 | 14.0% | -1.4% | ||
| Q1 24 | 4.0% | -12.2% |
资本支出强度CSRNDLS
| Q4 25 | 51.3% | — | ||
| Q3 25 | 13.1% | 5.8% | ||
| Q2 25 | 14.2% | 2.4% | ||
| Q1 25 | 7.5% | — | ||
| Q4 24 | 85.3% | 5.8% | ||
| Q3 24 | 18.2% | 7.2% | ||
| Q2 24 | 21.2% | 7.1% | ||
| Q1 24 | 33.8% | 12.3% |
现金转化率CSRNDLS
| Q4 25 | — | — | ||
| Q3 25 | 0.65× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
CSR
| Multi Family Residential | $57.3M | 86% |
| Other | $8.1M | 12% |
| Other Property Revenue | $1.2M | 2% |
NDLS
| Food And Beverage | $119.6M | 98% |
| Franchise | $2.5M | 2% |
