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EPR PROPERTIES（EPR）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
EPR PROPERTIES的季度营收约是Ribbon Communications Inc.的1.1倍（$182.9M vs $162.6M），Ribbon Communications Inc.净利率更高（54.8% vs 36.6%，领先18.2%），EPR PROPERTIES同比增速更快（3.2% vs -10.3%），过去两年EPR PROPERTIES的营收复合增速更高（4.6% vs -8.1%）
EPR地产（前身为娱乐地产信托）是总部位于美国密苏里州堪萨斯城的房地产投资信托企业，专注投资游乐园、电影院、滑雪度假村等娱乐类地产项目，截至2022年共持有353处物业。
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。
EPR vs RBBN — 直观对比
营收规模更大
EPR
是对方的1.1倍
$162.6M
营收增速更快
EPR
高出13.5%
-10.3%
净利率更高
RBBN
高出18.2%
36.6%
两年增速更快
EPR
近两年复合增速
-8.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $182.9M | $162.6M |
| 净利润 | $66.9M | $89.1M |
| 毛利率 | — | 42.9% |
| 营业利润率 | 56.8% | 37.6% |
| 净利率 | 36.6% | 54.8% |
| 营收同比 | 3.2% | -10.3% |
| 净利润同比 | 897.0% | — |
| 每股收益（稀释后） | $0.80 | $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EPRRBBN
| Q1 26 | — | $162.6M | ||
| Q4 25 | $182.9M | $227.3M | ||
| Q3 25 | $182.3M | $215.4M | ||
| Q2 25 | $178.1M | $220.6M | ||
| Q1 25 | $175.0M | $181.3M | ||
| Q4 24 | $177.2M | $251.4M | ||
| Q3 24 | $180.5M | $210.2M | ||
| Q2 24 | $173.1M | $192.6M |
净利润EPRRBBN
| Q1 26 | — | $89.1M | ||
| Q4 25 | $66.9M | — | ||
| Q3 25 | $66.6M | $-12.1M | ||
| Q2 25 | $75.6M | $-11.1M | ||
| Q1 25 | $65.8M | $-26.2M | ||
| Q4 24 | $-8.4M | — | ||
| Q3 24 | $46.6M | $-13.4M | ||
| Q2 24 | $45.1M | $-16.8M |
毛利率EPRRBBN
| Q1 26 | — | 42.9% | ||
| Q4 25 | — | 53.3% | ||
| Q3 25 | — | 50.1% | ||
| Q2 25 | — | 49.6% | ||
| Q1 25 | — | 45.4% | ||
| Q4 24 | — | 55.7% | ||
| Q3 24 | — | 52.1% | ||
| Q2 24 | — | 50.8% |
营业利润率EPRRBBN
| Q1 26 | — | 37.6% | ||
| Q4 25 | 56.8% | 4.1% | ||
| Q3 25 | 53.5% | 1.3% | ||
| Q2 25 | 62.5% | 1.9% | ||
| Q1 25 | 58.1% | -10.8% | ||
| Q4 24 | 25.5% | 13.2% | ||
| Q3 24 | 51.4% | -0.4% | ||
| Q2 24 | 45.9% | -1.0% |
净利率EPRRBBN
| Q1 26 | — | 54.8% | ||
| Q4 25 | 36.6% | — | ||
| Q3 25 | 36.5% | -5.6% | ||
| Q2 25 | 42.5% | -5.0% | ||
| Q1 25 | 37.6% | -14.5% | ||
| Q4 24 | -4.7% | — | ||
| Q3 24 | 25.8% | -6.4% | ||
| Q2 24 | 26.1% | -8.7% |
每股收益（稀释后）EPRRBBN
| Q1 26 | — | $0.50 | ||
| Q4 25 | $0.80 | $0.50 | ||
| Q3 25 | $0.79 | $-0.07 | ||
| Q2 25 | $0.91 | $-0.06 | ||
| Q1 25 | $0.78 | $-0.15 | ||
| Q4 24 | $-0.19 | $0.05 | ||
| Q3 24 | $0.53 | $-0.08 | ||
| Q2 24 | $0.51 | $-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 | $90.6M | $67.6M |
| 总债务越低越好 | $2.9B | — |
| 股东权益账面价值 | $2.3B | $419.1M |
| 总资产 | $5.7B | — |
| 负债/权益比越低杠杆越低 | 1.26× | — |
8季度趋势，按日历期对齐
现金及短期投资EPRRBBN
| Q1 26 | — | $67.6M | ||
| Q4 25 | $90.6M | $96.4M | ||
| Q3 25 | $13.7M | $74.8M | ||
| Q2 25 | $13.0M | $60.5M | ||
| Q1 25 | $20.6M | $71.2M | ||
| Q4 24 | $22.1M | $87.8M | ||
| Q3 24 | $35.3M | $37.2M | ||
| Q2 24 | $33.7M | $64.6M |
总债务EPRRBBN
| Q1 26 | — | — | ||
| Q4 25 | $2.9B | $342.1M | ||
| Q3 25 | $2.8B | $344.3M | ||
| Q2 25 | $2.8B | $346.5M | ||
| Q1 25 | $2.8B | $347.4M | ||
| Q4 24 | $2.9B | $348.3M | ||
| Q3 24 | $2.9B | $349.1M | ||
| Q2 24 | $2.8B | $350.0M |
股东权益EPRRBBN
| Q1 26 | — | $419.1M | ||
| Q4 25 | $2.3B | $449.0M | ||
| Q3 25 | $2.3B | $360.1M | ||
| Q2 25 | $2.3B | $370.4M | ||
| Q1 25 | $2.3B | $381.8M | ||
| Q4 24 | $2.3B | $404.6M | ||
| Q3 24 | $2.4B | $395.5M | ||
| Q2 24 | $2.4B | $405.0M |
总资产EPRRBBN
| Q1 26 | — | — | ||
| Q4 25 | $5.7B | $1.2B | ||
| Q3 25 | $5.5B | $1.1B | ||
| Q2 25 | $5.6B | $1.1B | ||
| Q1 25 | $5.5B | $1.1B | ||
| Q4 24 | $5.6B | $1.2B | ||
| Q3 24 | $5.7B | $1.1B | ||
| Q2 24 | $5.6B | $1.1B |
负债/权益比EPRRBBN
| Q1 26 | — | — | ||
| Q4 25 | 1.26× | 0.76× | ||
| Q3 25 | 1.19× | 0.96× | ||
| Q2 25 | 1.20× | 0.94× | ||
| Q1 25 | 1.20× | 0.91× | ||
| Q4 24 | 1.23× | 0.86× | ||
| Q3 24 | 1.19× | 0.88× | ||
| Q2 24 | 1.16× | 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 | $421.0M | — |
| 自由现金流经营现金流 - 资本支出 | $269.2M | — |
| 自由现金流率自由现金流/营收 | 147.1% | — |
| 资本支出强度资本支出/营收 | 82.9% | — |
| 现金转化率经营现金流/净利润 | 6.29× | — |
| 过去12个月自由现金流最近4个季度 | $568.5M | — |
8季度趋势，按日历期对齐
经营现金流EPRRBBN
| Q1 26 | — | — | ||
| Q4 25 | $421.0M | $29.2M | ||
| Q3 25 | $136.5M | $26.5M | ||
| Q2 25 | $87.3M | $-795.0K | ||
| Q1 25 | $99.4M | $-3.5M | ||
| Q4 24 | $393.1M | $61.8M | ||
| Q3 24 | $122.0M | $-14.8M | ||
| Q2 24 | $78.7M | $-9.8M |
自由现金流EPRRBBN
| Q1 26 | — | — | ||
| Q4 25 | $269.2M | $27.3M | ||
| Q3 25 | $132.1M | $21.0M | ||
| Q2 25 | $82.4M | $-6.5M | ||
| Q1 25 | $84.7M | $-15.7M | ||
| Q4 24 | $129.2M | $53.8M | ||
| Q3 24 | $121.5M | $-23.7M | ||
| Q2 24 | $71.3M | $-12.9M |
自由现金流率EPRRBBN
| Q1 26 | — | — | ||
| Q4 25 | 147.1% | 12.0% | ||
| Q3 25 | 72.5% | 9.7% | ||
| Q2 25 | 46.3% | -2.9% | ||
| Q1 25 | 48.4% | -8.7% | ||
| Q4 24 | 72.9% | 21.4% | ||
| Q3 24 | 67.3% | -11.3% | ||
| Q2 24 | 41.2% | -6.7% |
资本支出强度EPRRBBN
| Q1 26 | — | — | ||
| Q4 25 | 82.9% | 0.9% | ||
| Q3 25 | 2.4% | 2.6% | ||
| Q2 25 | 2.7% | 2.6% | ||
| Q1 25 | 8.4% | 6.7% | ||
| Q4 24 | 148.9% | 3.2% | ||
| Q3 24 | 0.3% | 4.2% | ||
| Q2 24 | 4.2% | 1.6% |
现金转化率EPRRBBN
| Q1 26 | — | — | ||
| Q4 25 | 6.29× | — | ||
| Q3 25 | 2.05× | — | ||
| Q2 25 | 1.15× | — | ||
| Q1 25 | 1.51× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.62× | — | ||
| Q2 24 | 1.74× | — |
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
EPR
| Experiential Reportable Operating Segment | $173.3M | 95% |
| Education Reportable Operating Segment | $9.5M | 5% |
RBBN
| Service | $94.5M | 58% |
| Product | $68.1M | 42% |
