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COUSINS PROPERTIES INC（CUZ）与Ribbon Communications Inc.（RBBN）财务数据对比。点击上方公司名可切换其他公司
COUSINS PROPERTIES INC的季度营收约是Ribbon Communications Inc.的1.6倍（$255.0M vs $162.6M），Ribbon Communications Inc.净利率更高（54.8% vs -1.4%，领先56.1%），COUSINS PROPERTIES INC同比增速更快（13.2% vs -10.3%），过去两年COUSINS PROPERTIES INC的营收复合增速更高（10.4% vs -8.1%）
Cousins Properties是一家公开上市的房地产投资信托（REIT），专注于亚特兰大、夏洛特、奥斯汀、菲尼克斯、坦帕及北卡罗来纳州教堂山的写字楼资产投资。公司曾开发多个知名地标项目，包括亚特兰大的CNN中心、奥姆尼体育馆、桃树中心191号大厦以及埃默里角商业综合体。
睿宾通信公司（Ribbon Communications Inc.）主要为电信运营商、企业及关键基础设施领域提供软件、IP与光网络解决方案。公司于2017年由Genband与Sonus Networks合并成立，总部位于美国得克萨斯州普莱诺，是一家上市科技企业。
CUZ vs RBBN — 直观对比
营收规模更大
CUZ
是对方的1.6倍
$162.6M
营收增速更快
CUZ
高出23.5%
-10.3%
净利率更高
RBBN
高出56.1%
-1.4%
两年增速更快
CUZ
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $255.0M | $162.6M |
| 净利润 | $-3.5M | $89.1M |
| 毛利率 | 67.4% | 42.9% |
| 营业利润率 | 67.5% | 37.6% |
| 净利率 | -1.4% | 54.8% |
| 营收同比 | 13.2% | -10.3% |
| 净利润同比 | -125.4% | — |
| 每股收益（稀释后） | $-0.02 | $0.50 |
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CUZRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $255.0M | $227.3M | ||
| Q3 25 | $248.3M | $215.4M | ||
| Q2 25 | $240.1M | $220.6M | ||
| Q1 25 | $250.3M | $181.3M | ||
| Q4 24 | $225.3M | $251.4M | ||
| Q3 24 | $209.2M | $210.2M | ||
| Q2 24 | $213.0M | $192.6M |
净利润CUZRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $-3.5M | — | ||
| Q3 25 | $8.6M | $-12.1M | ||
| Q2 25 | $14.5M | $-11.1M | ||
| Q1 25 | $20.9M | $-26.2M | ||
| Q4 24 | $13.6M | — | ||
| Q3 24 | $11.2M | $-13.4M | ||
| Q2 24 | $7.8M | $-16.8M |
毛利率CUZRBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | 67.4% | 53.3% | ||
| Q3 25 | 67.8% | 50.1% | ||
| Q2 25 | 69.1% | 49.6% | ||
| Q1 25 | 69.2% | 45.4% | ||
| Q4 24 | 67.6% | 55.7% | ||
| Q3 24 | 68.5% | 52.1% | ||
| Q2 24 | 66.8% | 50.8% |
营业利润率CUZRBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | 67.5% | 4.1% | ||
| Q3 25 | 68.1% | 1.3% | ||
| Q2 25 | 69.4% | 1.9% | ||
| Q1 25 | 66.0% | -10.8% | ||
| Q4 24 | 65.8% | 13.2% | ||
| Q3 24 | 67.9% | -0.4% | ||
| Q2 24 | 66.4% | -1.0% |
净利率CUZRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | -1.4% | — | ||
| Q3 25 | 3.5% | -5.6% | ||
| Q2 25 | 6.0% | -5.0% | ||
| Q1 25 | 8.3% | -14.5% | ||
| Q4 24 | 6.1% | — | ||
| Q3 24 | 5.4% | -6.4% | ||
| Q2 24 | 3.7% | -8.7% |
每股收益（稀释后）CUZRBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $-0.02 | $0.50 | ||
| Q3 25 | $0.05 | $-0.07 | ||
| Q2 25 | $0.09 | $-0.06 | ||
| Q1 25 | $0.12 | $-0.15 | ||
| Q4 24 | $0.09 | $0.05 | ||
| Q3 24 | $0.07 | $-0.08 | ||
| Q2 24 | $0.05 | $-0.10 |
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 | $5.7M | $67.6M |
| 总债务越低越好 | $3.3B | — |
| 股东权益账面价值 | $4.7B | $419.1M |
| 总资产 | $8.9B | — |
| 负债/权益比越低杠杆越低 | 0.71× | — |
8季度趋势，按日历期对齐
现金及短期投资CUZRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $5.7M | $96.4M | ||
| Q3 25 | $4.7M | $74.8M | ||
| Q2 25 | $416.8M | $60.5M | ||
| Q1 25 | $5.3M | $71.2M | ||
| Q4 24 | $7.3M | $87.8M | ||
| Q3 24 | $76.1M | $37.2M | ||
| Q2 24 | $6.0M | $64.6M |
总债务CUZRBBN
| Q1 26 | — | — | ||
| Q4 25 | $3.3B | $342.1M | ||
| Q3 25 | $3.3B | $344.3M | ||
| Q2 25 | $3.5B | $346.5M | ||
| Q1 25 | $3.0B | $347.4M | ||
| Q4 24 | $3.1B | $348.3M | ||
| Q3 24 | $2.7B | $349.1M | ||
| Q2 24 | $2.6B | $350.0M |
股东权益CUZRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $4.7B | $449.0M | ||
| Q3 25 | $4.7B | $360.1M | ||
| Q2 25 | $4.8B | $370.4M | ||
| Q1 25 | $4.8B | $381.8M | ||
| Q4 24 | $4.8B | $404.6M | ||
| Q3 24 | $4.4B | $395.5M | ||
| Q2 24 | $4.5B | $405.0M |
总资产CUZRBBN
| Q1 26 | — | — | ||
| Q4 25 | $8.9B | $1.2B | ||
| Q3 25 | $8.9B | $1.1B | ||
| Q2 25 | $9.1B | $1.1B | ||
| Q1 25 | $8.7B | $1.1B | ||
| Q4 24 | $8.8B | $1.2B | ||
| Q3 24 | $7.8B | $1.1B | ||
| Q2 24 | $7.7B | $1.1B |
负债/权益比CUZRBBN
| Q1 26 | — | — | ||
| Q4 25 | 0.71× | 0.76× | ||
| Q3 25 | 0.70× | 0.96× | ||
| Q2 25 | 0.73× | 0.94× | ||
| Q1 25 | 0.63× | 0.91× | ||
| Q4 24 | 0.64× | 0.86× | ||
| Q3 24 | 0.60× | 0.88× | ||
| Q2 24 | 0.58× | 0.86× |
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 | $402.3M | — |
| 自由现金流经营现金流 - 资本支出 | $135.0M | — |
| 自由现金流率自由现金流/营收 | 53.0% | — |
| 资本支出强度资本支出/营收 | 104.8% | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流CUZRBBN
| Q1 26 | — | — | ||
| Q4 25 | $402.3M | $29.2M | ||
| Q3 25 | $120.5M | $26.5M | ||
| Q2 25 | $122.6M | $-795.0K | ||
| Q1 25 | $44.8M | $-3.5M | ||
| Q4 24 | $400.2M | $61.8M | ||
| Q3 24 | $117.4M | $-14.8M | ||
| Q2 24 | $125.5M | $-9.8M |
自由现金流CUZRBBN
| Q1 26 | — | — | ||
| Q4 25 | $135.0M | $27.3M | ||
| Q3 25 | — | $21.0M | ||
| Q2 25 | — | $-6.5M | ||
| Q1 25 | — | $-15.7M | ||
| Q4 24 | $147.5M | $53.8M | ||
| Q3 24 | — | $-23.7M | ||
| Q2 24 | — | $-12.9M |
自由现金流率CUZRBBN
| Q1 26 | — | — | ||
| Q4 25 | 53.0% | 12.0% | ||
| Q3 25 | — | 9.7% | ||
| Q2 25 | — | -2.9% | ||
| Q1 25 | — | -8.7% | ||
| Q4 24 | 65.5% | 21.4% | ||
| Q3 24 | — | -11.3% | ||
| Q2 24 | — | -6.7% |
资本支出强度CUZRBBN
| Q1 26 | — | — | ||
| Q4 25 | 104.8% | 0.9% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 6.7% | ||
| Q4 24 | 112.2% | 3.2% | ||
| Q3 24 | — | 4.2% | ||
| Q2 24 | — | 1.6% |
现金转化率CUZRBBN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 14.03× | — | ||
| Q2 25 | 8.46× | — | ||
| Q1 25 | 2.14× | — | ||
| Q4 24 | 29.35× | — | ||
| Q3 24 | 10.48× | — | ||
| Q2 24 | 16.01× | — |
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
CUZ
| Rental Properties | $253.3M | 99% |
| Fee And Other Revenue | $1.7M | 1% |
| Other | $1.2M | 0% |
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
