vs
CaliberCos Inc.（CWD）与Rithm Property Trust Inc.（RPT）财务数据对比。点击上方公司名可切换其他公司
CaliberCos Inc.的季度营收约是Rithm Property Trust Inc.的1.2倍（$4.1M vs $3.4M），Rithm Property Trust Inc.净利率更高（95.4% vs -188.3%，领先283.7%），Rithm Property Trust Inc.同比增速更快（-39.7% vs -52.5%），过去两年Rithm Property Trust Inc.的营收复合增速更高（-43.2% vs -57.6%）
CaliberCos Inc.是一家总部位于美国的另类资产管理企业，核心业务涵盖房地产投资、资产运营及增值开发板块，服务对象包含机构投资者、高净值人群与零售投资者，业务布局主要集中在北美地区。
Rithm Property Trust Inc.旗下的里思资本是一家总部位于纽约的美国投资管理公司，核心业务聚焦于房地产投资及另类投资领域，是该赛道颇具影响力的专业投资机构。
CWD vs RPT — 直观对比
营收规模更大
CWD
是对方的1.2倍
$3.4M
营收增速更快
RPT
高出12.8%
-52.5%
净利率更高
RPT
高出283.7%
-188.3%
两年增速更快
RPT
近两年复合增速
-57.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.1M | $3.4M |
| 净利润 | $-7.7M | $3.2M |
| 毛利率 | — | — |
| 营业利润率 | -196.6% | 99.6% |
| 净利率 | -188.3% | 95.4% |
| 营收同比 | -52.5% | -39.7% |
| 净利润同比 | 32.2% | 11.2% |
| 每股收益（稀释后） | $1.95 | $-0.26 |
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CWDRPT
| Q4 25 | $4.1M | $3.4M | ||
| Q3 25 | $3.6M | $4.0M | ||
| Q2 25 | $5.1M | $4.2M | ||
| Q1 25 | $7.3M | $249.0K | ||
| Q4 24 | $8.7M | — | ||
| Q3 24 | $11.3M | — | ||
| Q2 24 | $8.2M | — | ||
| Q1 24 | $23.0M | — |
净利润CWDRPT
| Q4 25 | $-7.7M | $3.2M | ||
| Q3 25 | $-4.4M | $-273.0K | ||
| Q2 25 | $-5.3M | $1.9M | ||
| Q1 25 | $-4.4M | $-3.4M | ||
| Q4 24 | $-11.4M | — | ||
| Q3 24 | $146.0K | — | ||
| Q2 24 | $-4.7M | — | ||
| Q1 24 | $-3.8M | — |
营业利润率CWDRPT
| Q4 25 | -196.6% | 99.6% | ||
| Q3 25 | -129.6% | -6.2% | ||
| Q2 25 | -112.4% | 45.7% | ||
| Q1 25 | -62.7% | -1416.5% | ||
| Q4 24 | -236.8% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | -65.0% | — | ||
| Q1 24 | -22.9% | — |
净利率CWDRPT
| Q4 25 | -188.3% | 95.4% | ||
| Q3 25 | -120.2% | -6.8% | ||
| Q2 25 | -104.5% | 45.1% | ||
| Q1 25 | -60.7% | -1363.1% | ||
| Q4 24 | -247.6% | — | ||
| Q3 24 | 1.3% | — | ||
| Q2 24 | -57.8% | — | ||
| Q1 24 | -16.6% | — |
每股收益（稀释后）CWDRPT
| Q4 25 | $1.95 | $-0.26 | ||
| Q3 25 | $-1.65 | $-0.03 | ||
| Q2 25 | $-4.15 | $0.01 | ||
| Q1 25 | $-3.85 | $-0.08 | ||
| Q4 24 | $-10.15 | — | ||
| Q3 24 | $0.12 | — | ||
| Q2 24 | $-4.34 | — | ||
| Q1 24 | $-3.53 | — |
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 | $2.9M | $79.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.3M | $291.6M |
| 总资产 | $135.4M | $1.0B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CWDRPT
| Q4 25 | $2.9M | $79.3M | ||
| Q3 25 | $10.9M | $81.4M | ||
| Q2 25 | $683.0K | $98.6M | ||
| Q1 25 | $1.6M | $97.4M | ||
| Q4 24 | $2.3M | — | ||
| Q3 24 | $1.6M | — | ||
| Q2 24 | $1.8M | — | ||
| Q1 24 | $2.1M | — |
股东权益CWDRPT
| Q4 25 | $1.3M | $291.6M | ||
| Q3 25 | $4.2M | $291.7M | ||
| Q2 25 | $-19.9M | $294.7M | ||
| Q1 25 | $-15.8M | $296.1M | ||
| Q4 24 | $-12.6M | — | ||
| Q3 24 | $-3.8M | — | ||
| Q2 24 | $-4.7M | — | ||
| Q1 24 | $-745.0K | — |
总资产CWDRPT
| Q4 25 | $135.4M | $1.0B | ||
| Q3 25 | $82.6M | $1.0B | ||
| Q2 25 | $59.3M | $1.0B | ||
| Q1 25 | $103.6M | $1.0B | ||
| Q4 24 | $105.5M | — | ||
| Q3 24 | $158.6M | — | ||
| Q2 24 | $195.2M | — | ||
| Q1 24 | $201.5M | — |
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 | $-12.1M | $-8.3M |
| 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 | — | -2.56× |
| 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CWDRPT
| Q4 25 | $-12.1M | $-8.3M | ||
| Q3 25 | $-4.6M | $-5.8M | ||
| Q2 25 | $-1.2M | $-25.0K | ||
| Q1 25 | $-1.7M | $-1.6M | ||
| Q4 24 | $555.0K | — | ||
| Q3 24 | $-74.0K | — | ||
| Q2 24 | $1.4M | — | ||
| Q1 24 | $-1.5M | — |
现金转化率CWDRPT
| Q4 25 | — | -2.56× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -0.01× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.51× | — | ||
| 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
