vs
EPR PROPERTIES（EPR）与null（SWIM）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null的1.8倍（$182.9M vs $100.0M），EPR PROPERTIES净利率更高（36.6% vs -7.0%，领先43.6%），null同比增速更快（14.5% vs 3.2%），EPR PROPERTIES自由现金流更多（$269.2M vs $14.1M），过去两年EPR PROPERTIES的营收复合增速更高（4.6% vs -4.9%）
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。
该企业是一家源自美国的跨国律师事务所，1934年创立于加利福尼亚州洛杉矶，在诉讼业务、公司法务以及监管合规法律领域拥有深厚的行业积累与知名度，是全球颇具影响力的综合性律所之一。
EPR vs SWIM — 直观对比
营收规模更大
EPR
是对方的1.8倍
$100.0M
营收增速更快
SWIM
高出11.3%
3.2%
净利率更高
EPR
高出43.6%
-7.0%
自由现金流更多
EPR
多$255.1M
$14.1M
两年增速更快
EPR
近两年复合增速
-4.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $182.9M | $100.0M |
| 净利润 | $66.9M | $-7.0M |
| 毛利率 | — | 28.0% |
| 营业利润率 | 56.8% | -10.7% |
| 净利率 | 36.6% | -7.0% |
| 营收同比 | 3.2% | 14.5% |
| 净利润同比 | 897.0% | 76.0% |
| 每股收益（稀释后） | $0.80 | $-0.06 |
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EPRSWIM
| Q4 25 | $182.9M | $100.0M | ||
| Q3 25 | $182.3M | $161.9M | ||
| Q2 25 | $178.1M | $172.6M | ||
| Q1 25 | $175.0M | $111.4M | ||
| Q4 24 | $177.2M | $87.3M | ||
| Q3 24 | $180.5M | $150.5M | ||
| Q2 24 | $173.1M | $160.1M | ||
| Q1 24 | $167.2M | $110.6M |
净利润EPRSWIM
| Q4 25 | $66.9M | $-7.0M | ||
| Q3 25 | $66.6M | $8.1M | ||
| Q2 25 | $75.6M | $16.0M | ||
| Q1 25 | $65.8M | $-6.0M | ||
| Q4 24 | $-8.4M | $-29.2M | ||
| Q3 24 | $46.6M | $5.9M | ||
| Q2 24 | $45.1M | $13.3M | ||
| Q1 24 | $62.7M | $-7.9M |
毛利率EPRSWIM
| Q4 25 | — | 28.0% | ||
| Q3 25 | — | 35.4% | ||
| Q2 25 | — | 37.1% | ||
| Q1 25 | — | 29.5% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | — | 32.4% | ||
| Q2 24 | — | 33.1% | ||
| Q1 24 | — | 27.7% |
营业利润率EPRSWIM
| Q4 25 | 56.8% | -10.7% | ||
| Q3 25 | 53.5% | 13.3% | ||
| Q2 25 | 62.5% | 14.3% | ||
| Q1 25 | 58.1% | -4.4% | ||
| Q4 24 | 25.5% | -14.9% | ||
| Q3 24 | 51.4% | 8.9% | ||
| Q2 24 | 45.9% | 12.5% | ||
| Q1 24 | 58.8% | -1.9% |
净利率EPRSWIM
| Q4 25 | 36.6% | -7.0% | ||
| Q3 25 | 36.5% | 5.0% | ||
| Q2 25 | 42.5% | 9.3% | ||
| Q1 25 | 37.6% | -5.4% | ||
| Q4 24 | -4.7% | -33.4% | ||
| Q3 24 | 25.8% | 3.9% | ||
| Q2 24 | 26.1% | 8.3% | ||
| Q1 24 | 37.5% | -7.1% |
每股收益（稀释后）EPRSWIM
| Q4 25 | $0.80 | $-0.06 | ||
| Q3 25 | $0.79 | $0.07 | ||
| Q2 25 | $0.91 | $0.13 | ||
| Q1 25 | $0.78 | $-0.05 | ||
| Q4 24 | $-0.19 | $-0.24 | ||
| Q3 24 | $0.53 | $0.05 | ||
| Q2 24 | $0.51 | $0.11 | ||
| Q1 24 | $0.75 | $-0.07 |
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 | — |
| 总债务越低越好 | $2.9B | $279.8M |
| 股东权益账面价值 | $2.3B | $405.9M |
| 总资产 | $5.7B | $823.2M |
| 负债/权益比越低杠杆越低 | 1.26× | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资EPRSWIM
| Q4 25 | $90.6M | — | ||
| Q3 25 | $13.7M | — | ||
| Q2 25 | $13.0M | — | ||
| Q1 25 | $20.6M | — | ||
| Q4 24 | $22.1M | — | ||
| Q3 24 | $35.3M | — | ||
| Q2 24 | $33.7M | — | ||
| Q1 24 | $59.5M | — |
总债务EPRSWIM
| Q4 25 | $2.9B | $279.8M | ||
| Q3 25 | $2.8B | $281.1M | ||
| Q2 25 | $2.8B | $281.5M | ||
| Q1 25 | $2.8B | $306.9M | ||
| Q4 24 | $2.9B | $281.5M | ||
| Q3 24 | $2.9B | $282.8M | ||
| Q2 24 | $2.8B | $282.4M | ||
| Q1 24 | $2.8B | $282.8M |
股东权益EPRSWIM
| Q4 25 | $2.3B | $405.9M | ||
| Q3 25 | $2.3B | $408.4M | ||
| Q2 25 | $2.3B | $398.4M | ||
| Q1 25 | $2.3B | $381.1M | ||
| Q4 24 | $2.3B | $387.2M | ||
| Q3 24 | $2.4B | $416.6M | ||
| Q2 24 | $2.4B | $408.1M | ||
| Q1 24 | $2.4B | $391.8M |
总资产EPRSWIM
| Q4 25 | $5.7B | $823.2M | ||
| Q3 25 | $5.5B | $844.4M | ||
| Q2 25 | $5.6B | $822.1M | ||
| Q1 25 | $5.5B | $824.6M | ||
| Q4 24 | $5.6B | $794.2M | ||
| Q3 24 | $5.7B | $853.4M | ||
| Q2 24 | $5.6B | $830.0M | ||
| Q1 24 | $5.7B | $808.6M |
负债/权益比EPRSWIM
| Q4 25 | 1.26× | 0.69× | ||
| Q3 25 | 1.19× | 0.69× | ||
| Q2 25 | 1.20× | 0.71× | ||
| Q1 25 | 1.20× | 0.81× | ||
| Q4 24 | 1.23× | 0.73× | ||
| Q3 24 | 1.19× | 0.68× | ||
| Q2 24 | 1.16× | 0.69× | ||
| Q1 24 | 1.15× | 0.72× |
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 | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $269.2M | $14.1M |
| 自由现金流率自由现金流/营收 | 147.1% | 14.1% |
| 资本支出强度资本支出/营收 | 82.9% | 9.2% |
| 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 | $38.0M |
8季度趋势，按日历期对齐
经营现金流EPRSWIM
| Q4 25 | $421.0M | $23.3M | ||
| Q3 25 | $136.5M | $51.0M | ||
| Q2 25 | $87.3M | $36.0M | ||
| Q1 25 | $99.4M | $-46.9M | ||
| Q4 24 | $393.1M | $6.2M | ||
| Q3 24 | $122.0M | $37.2M | ||
| Q2 24 | $78.7M | $52.4M | ||
| Q1 24 | $99.5M | $-34.5M |
自由现金流EPRSWIM
| Q4 25 | $269.2M | $14.1M | ||
| Q3 25 | $132.1M | $45.2M | ||
| Q2 25 | $82.4M | $29.1M | ||
| Q1 25 | $84.7M | $-50.3M | ||
| Q4 24 | $129.2M | $-98.0K | ||
| Q3 24 | $121.5M | $33.2M | ||
| Q2 24 | $71.3M | $47.9M | ||
| Q1 24 | $65.0M | $-39.9M |
自由现金流率EPRSWIM
| Q4 25 | 147.1% | 14.1% | ||
| Q3 25 | 72.5% | 27.9% | ||
| Q2 25 | 46.3% | 16.8% | ||
| Q1 25 | 48.4% | -45.2% | ||
| Q4 24 | 72.9% | -0.1% | ||
| Q3 24 | 67.3% | 22.1% | ||
| Q2 24 | 41.2% | 29.9% | ||
| Q1 24 | 38.9% | -36.0% |
资本支出强度EPRSWIM
| Q4 25 | 82.9% | 9.2% | ||
| Q3 25 | 2.4% | 3.6% | ||
| Q2 25 | 2.7% | 4.0% | ||
| Q1 25 | 8.4% | 3.1% | ||
| Q4 24 | 148.9% | 7.2% | ||
| Q3 24 | 0.3% | 2.7% | ||
| Q2 24 | 4.2% | 2.8% | ||
| Q1 24 | 20.6% | 4.8% |
现金转化率EPRSWIM
| Q4 25 | 6.29× | — | ||
| Q3 25 | 2.05× | 6.29× | ||
| Q2 25 | 1.15× | 2.25× | ||
| Q1 25 | 1.51× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.62× | 6.32× | ||
| Q2 24 | 1.74× | 3.95× | ||
| Q1 24 | 1.59× | — |
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% |
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
