vs
西蒙地产集团（ELS）与EPLUS INC（PLUS）财务数据对比。点击上方公司名可切换其他公司
EPLUS INC的季度营收约是西蒙地产集团的1.5倍（$614.8M vs $397.6M），EPLUS INC同比增速更快（20.3% vs 2.7%），过去两年西蒙地产集团的营收复合增速更高（2.3% vs 2.3%）
西蒙地产集团是美国头部房地产投资信托企业，投资范围涵盖购物中心、奥特莱斯及社区生活中心等商业地产业态，是美国规模最大的购物中心持有方，总部位于印第安纳州印第安纳波利斯，截至2024年12月末共持有232处物业权益。
ePlus Inc.是美国的科技咨询解决方案提供商，业务覆盖网络安全、云计算、网络架构、协作办公、人工智能及前沿技术领域，为超5000家客户提供定制化解决方案、专业咨询与托管服务，助力企业实现数字化转型与技术升级。
ELS vs PLUS — 直观对比
营收规模更大
PLUS
是对方的1.5倍
$397.6M
营收增速更快
PLUS
高出17.7%
2.7%
两年增速更快
ELS
近两年复合增速
2.3%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $397.6M | $614.8M |
| 净利润 | — | $35.1M |
| 毛利率 | — | 25.8% |
| 营业利润率 | — | 7.1% |
| 净利率 | — | 5.7% |
| 营收同比 | 2.7% | 20.3% |
| 净利润同比 | — | 45.2% |
| 每股收益（稀释后） | $0.56 | $1.33 |
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ELSPLUS
| Q1 26 | $397.6M | — | ||
| Q4 25 | $373.9M | $614.8M | ||
| Q3 25 | $393.3M | $608.8M | ||
| Q2 25 | $376.9M | $637.3M | ||
| Q1 25 | $387.3M | — | ||
| Q4 24 | $372.3M | $493.2M | ||
| Q3 24 | $387.3M | $493.4M | ||
| Q2 24 | $380.0M | $535.7M |
净利润ELSPLUS
| Q1 26 | — | — | ||
| Q4 25 | $103.8M | $35.1M | ||
| Q3 25 | $100.4M | $34.9M | ||
| Q2 25 | $83.5M | $37.7M | ||
| Q1 25 | $114.4M | — | ||
| Q4 24 | $100.6M | $24.1M | ||
| Q3 24 | $86.9M | $31.3M | ||
| Q2 24 | $82.1M | $27.3M |
毛利率ELSPLUS
| Q1 26 | — | — | ||
| Q4 25 | — | 25.8% | ||
| Q3 25 | — | 26.6% | ||
| Q2 25 | — | 23.3% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 25.4% | ||
| Q3 24 | — | 25.8% | ||
| Q2 24 | — | 23.7% |
营业利润率ELSPLUS
| Q1 26 | — | — | ||
| Q4 25 | 26.5% | 7.1% | ||
| Q3 25 | 25.1% | 8.0% | ||
| Q2 25 | 22.3% | 5.7% | ||
| Q1 25 | 28.3% | — | ||
| Q4 24 | 27.2% | 3.3% | ||
| Q3 24 | 21.4% | 5.5% | ||
| Q2 24 | 21.5% | 5.9% |
净利率ELSPLUS
| Q1 26 | — | — | ||
| Q4 25 | 27.8% | 5.7% | ||
| Q3 25 | 25.5% | 5.7% | ||
| Q2 25 | 22.2% | 5.9% | ||
| Q1 25 | 29.5% | — | ||
| Q4 24 | 27.0% | 4.9% | ||
| Q3 24 | 22.4% | 6.3% | ||
| Q2 24 | 21.6% | 5.1% |
每股收益（稀释后）ELSPLUS
| Q1 26 | $0.56 | — | ||
| Q4 25 | $0.52 | $1.33 | ||
| Q3 25 | $0.50 | $1.32 | ||
| Q2 25 | $0.42 | $1.43 | ||
| Q1 25 | $0.57 | — | ||
| Q4 24 | $0.51 | $0.91 | ||
| Q3 24 | $0.44 | $1.17 | ||
| Q2 24 | $0.42 | $1.02 |
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 | — | $326.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.8B | $1.1B |
| 总资产 | $5.7M | $1.8B |
| 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ELSPLUS
| Q1 26 | — | — | ||
| Q4 25 | — | $326.3M | ||
| Q3 25 | — | $402.2M | ||
| Q2 25 | — | $480.2M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $253.1M | ||
| Q3 24 | — | $187.5M | ||
| Q2 24 | — | $349.9M |
总债务ELSPLUS
| Q1 26 | — | — | ||
| Q4 25 | $3.3B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.2B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益ELSPLUS
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.8B | $1.1B | ||
| Q3 25 | $1.8B | $1.0B | ||
| Q2 25 | $1.7B | $1.0B | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.7B | $962.3M | ||
| Q3 24 | $1.4B | $947.0M | ||
| Q2 24 | $1.4B | $921.9M |
总资产ELSPLUS
| Q1 26 | $5.7M | — | ||
| Q4 25 | $5.7B | $1.8B | ||
| Q3 25 | $5.7B | $1.8B | ||
| Q2 25 | $5.7B | $1.8B | ||
| Q1 25 | $5.6B | — | ||
| Q4 24 | $5.6B | $1.8B | ||
| Q3 24 | $5.6B | $1.7B | ||
| Q2 24 | $5.6B | $1.7B |
负债/权益比ELSPLUS
| Q1 26 | — | — | ||
| Q4 25 | 1.91× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.84× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $-87.4M |
| 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 | — | -2.49× |
| 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ELSPLUS
| Q1 26 | — | — | ||
| Q4 25 | $571.1M | $-87.4M | ||
| Q3 25 | $147.0M | $-34.8M | ||
| Q2 25 | $131.3M | $-99.0M | ||
| Q1 25 | $193.4M | — | ||
| Q4 24 | $596.7M | $65.7M | ||
| Q3 24 | $149.5M | $-21.6M | ||
| Q2 24 | $143.1M | $97.1M |
自由现金流ELSPLUS
| Q1 26 | — | — | ||
| Q4 25 | $334.1M | — | ||
| Q3 25 | $75.7M | — | ||
| Q2 25 | $71.8M | — | ||
| Q1 25 | $148.2M | — | ||
| Q4 24 | $355.4M | — | ||
| Q3 24 | $91.1M | — | ||
| Q2 24 | $80.6M | — |
自由现金流率ELSPLUS
| Q1 26 | — | — | ||
| Q4 25 | 89.4% | — | ||
| Q3 25 | 19.3% | — | ||
| Q2 25 | 19.1% | — | ||
| Q1 25 | 38.3% | — | ||
| Q4 24 | 95.5% | — | ||
| Q3 24 | 23.5% | — | ||
| Q2 24 | 21.2% | — |
资本支出强度ELSPLUS
| Q1 26 | — | — | ||
| Q4 25 | 63.4% | — | ||
| Q3 25 | 18.1% | — | ||
| Q2 25 | 15.8% | — | ||
| Q1 25 | 11.7% | — | ||
| Q4 24 | 64.8% | — | ||
| Q3 24 | 15.1% | — | ||
| Q2 24 | 16.5% | — |
现金转化率ELSPLUS
| Q1 26 | — | — | ||
| Q4 25 | 5.50× | -2.49× | ||
| Q3 25 | 1.46× | -1.00× | ||
| Q2 25 | 1.57× | -2.63× | ||
| Q1 25 | 1.69× | — | ||
| Q4 24 | 5.93× | 2.72× | ||
| Q3 24 | 1.72× | -0.69× | ||
| Q2 24 | 1.74× | 3.55× |
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
ELS
| Rental income | $339.0M | 85% |
| Other | $37.2M | 9% |
| Annual membership subscriptions | $18.3M | 5% |
| Membership upgrade revenue | $3.1M | 1% |
PLUS
| All Others Customer End Market | $107.0M | 17% |
| Technology Customer End Market | $89.4M | 15% |
| Health Care Customer End Market | $81.5M | 13% |
| Financial Services Customer End Market | $66.1M | 11% |
| Professional Services Reporting Unit | $64.1M | 10% |
| Security | $61.1M | 10% |
| State And Local Government And Educational Institutions | $59.9M | 10% |
| Managed Services Reporting Unit | $48.8M | 8% |
| Other Product | $21.1M | 3% |
| Collaboration | $13.4M | 2% |
