vs
北方信托（CZNC）与RMR GROUP INC.（RMR）财务数据对比。点击上方公司名可切换其他公司
RMR GROUP INC.的季度营收约是北方信托的1.8倍（$66.7M vs $36.9M），RMR GROUP INC.净利率更高（18.3% vs 12.1%，领先6.2%），RMR GROUP INC.同比增速更快（40.8% vs 31.6%）
北方信托是一家总部位于美国伊利诺伊州芝加哥市的金融服务企业，主要服务对象为企业、机构投资者与超高净值个人。它是美国规模领先的银行机构之一，也是美国持续经营历史最悠久的银行之一，截至2025年底，其管理资产规模达1.8万亿美元，托管资产规模达14.9万亿美元。
RMR集团是总部位于美国的另类资产管理企业，核心业务聚焦不动产及相关投资，覆盖商业地产、住宅物业、基础设施等赛道，服务全球核心市场的机构投资者、高净值人士及零售客户。
CZNC vs RMR — 直观对比
营收规模更大
RMR
是对方的1.8倍
$36.9M
营收增速更快
RMR
高出9.2%
31.6%
净利率更高
RMR
高出6.2%
12.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $36.9M | $66.7M |
| 净利润 | $4.5M | $12.2M |
| 毛利率 | — | — |
| 营业利润率 | 14.6% | 48.1% |
| 净利率 | 12.1% | 18.3% |
| 营收同比 | 31.6% | 40.8% |
| 净利润同比 | -45.4% | 91.1% |
| 每股收益（稀释后） | — | $0.71 |
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CZNCRMR
| Q4 25 | $36.9M | $66.7M | ||
| Q3 25 | $29.6M | — | ||
| Q2 25 | $29.3M | — | ||
| Q1 25 | $27.0M | — | ||
| Q4 24 | $28.0M | — | ||
| Q3 24 | $27.3M | — | ||
| Q2 24 | $27.3M | — | ||
| Q1 24 | $25.7M | — |
净利润CZNCRMR
| Q4 25 | $4.5M | $12.2M | ||
| Q3 25 | $6.6M | — | ||
| Q2 25 | $6.1M | — | ||
| Q1 25 | $6.3M | — | ||
| Q4 24 | $8.2M | — | ||
| Q3 24 | $6.4M | — | ||
| Q2 24 | $6.1M | — | ||
| Q1 24 | $5.3M | — |
营业利润率CZNCRMR
| Q4 25 | 14.6% | 48.1% | ||
| Q3 25 | 27.1% | — | ||
| Q2 25 | 25.7% | — | ||
| Q1 25 | 28.6% | — | ||
| Q4 24 | 36.1% | — | ||
| Q3 24 | 28.6% | — | ||
| Q2 24 | 27.4% | — | ||
| Q1 24 | 25.1% | — |
净利率CZNCRMR
| Q4 25 | 12.1% | 18.3% | ||
| Q3 25 | 22.2% | — | ||
| Q2 25 | 20.9% | — | ||
| Q1 25 | 23.3% | — | ||
| Q4 24 | 29.2% | — | ||
| Q3 24 | 23.3% | — | ||
| Q2 24 | 22.4% | — | ||
| Q1 24 | 20.6% | — |
每股收益（稀释后）CZNCRMR
| Q4 25 | — | $0.71 | ||
| Q3 25 | $0.42 | — | ||
| Q2 25 | $0.40 | — | ||
| Q1 25 | $0.41 | — | ||
| Q4 24 | $0.53 | — | ||
| Q3 24 | $0.41 | — | ||
| Q2 24 | $0.40 | — | ||
| Q1 24 | $0.35 | — |
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 | $46.1M | $49.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $341.7M | $232.7M |
| 总资产 | $3.1B | $687.1M |
| 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CZNCRMR
| Q4 25 | $46.1M | $49.3M | ||
| Q3 25 | $123.1M | — | ||
| Q2 25 | $99.6M | — | ||
| Q1 25 | $114.7M | — | ||
| Q4 24 | $126.2M | — | ||
| Q3 24 | $184.2M | — | ||
| Q2 24 | $100.4M | — | ||
| Q1 24 | $46.4M | — |
股东权益CZNCRMR
| Q4 25 | $341.7M | $232.7M | ||
| Q3 25 | $294.0M | — | ||
| Q2 25 | $286.4M | — | ||
| Q1 25 | $281.8M | — | ||
| Q4 24 | $275.3M | — | ||
| Q3 24 | $277.3M | — | ||
| Q2 24 | $263.2M | — | ||
| Q1 24 | $261.7M | — |
总资产CZNCRMR
| Q4 25 | $3.1B | $687.1M | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.7B | — | ||
| Q2 24 | $2.6B | — | ||
| Q1 24 | $2.5B | — |
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 | $32.0M | $10.7M |
| 自由现金流经营现金流 - 资本支出 | $30.1M | — |
| 自由现金流率自由现金流/营收 | 81.6% | — |
| 资本支出强度资本支出/营收 | 5.2% | — |
| 现金转化率经营现金流/净利润 | 7.17× | 0.88× |
| 过去12个月自由现金流最近4个季度 | $50.1M | — |
8季度趋势，按日历期对齐
经营现金流CZNCRMR
| Q4 25 | $32.0M | $10.7M | ||
| Q3 25 | $11.3M | — | ||
| Q2 25 | $8.5M | — | ||
| Q1 25 | $1.6M | — | ||
| Q4 24 | $33.0M | — | ||
| Q3 24 | $6.6M | — | ||
| Q2 24 | $8.6M | — | ||
| Q1 24 | $5.7M | — |
自由现金流CZNCRMR
| Q4 25 | $30.1M | — | ||
| Q3 25 | $10.9M | — | ||
| Q2 25 | $8.0M | — | ||
| Q1 25 | $1.0M | — | ||
| Q4 24 | $31.1M | — | ||
| Q3 24 | $6.4M | — | ||
| Q2 24 | $8.0M | — | ||
| Q1 24 | $5.0M | — |
自由现金流率CZNCRMR
| Q4 25 | 81.6% | — | ||
| Q3 25 | 36.9% | — | ||
| Q2 25 | 27.4% | — | ||
| Q1 25 | 3.9% | — | ||
| Q4 24 | 111.1% | — | ||
| Q3 24 | 23.6% | — | ||
| Q2 24 | 29.2% | — | ||
| Q1 24 | 19.4% | — |
资本支出强度CZNCRMR
| Q4 25 | 5.2% | — | ||
| Q3 25 | 1.4% | — | ||
| Q2 25 | 1.7% | — | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 6.8% | — | ||
| Q3 24 | 0.5% | — | ||
| Q2 24 | 2.4% | — | ||
| Q1 24 | 2.9% | — |
现金转化率CZNCRMR
| Q4 25 | 7.17× | 0.88× | ||
| Q3 25 | 1.73× | — | ||
| Q2 25 | 1.39× | — | ||
| Q1 25 | 0.25× | — | ||
| Q4 24 | 4.04× | — | ||
| Q3 24 | 1.04× | — | ||
| Q2 24 | 1.41× | — | ||
| Q1 24 | 1.08× | — |
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
CZNC
暂无分部数据
RMR
| Management Service Incentive | $23.6M | 35% |
| Industrial Logistics Properties Trust | $15.1M | 23% |
| Managed Private Real Estate Capital | $11.1M | 17% |
| Office Properties Income Trust | $5.6M | 8% |
| Other Private Entities | $5.3M | 8% |
| RMR Residential | $3.4M | 5% |
| Sonesta International Hotels Corporation | $2.1M | 3% |
| Investment Advisory Management And Administrative Service | $1.2M | 2% |
