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Equinix（EQIX）与Ventas（VTR）财务数据对比。点击上方公司名可切换其他公司
Equinix的季度营收约是Ventas的1.5倍（$2.4B vs $1.7B），Equinix净利率更高（11.0% vs 3.6%，领先7.4%），Ventas同比增速更快（22.0% vs 8.8%），过去两年Ventas的营收复合增速更高（17.5% vs 5.9%）
Equinix是总部位于美国加利福尼亚州雷德伍德城的跨国企业，主营互联网连接服务与数据中心托管业务，旗下数据中心此前常被业内称为“运营商酒店”，2015年1月公司正式转型为房地产投资信托基金（REIT）。
Ventas是一家领先的医疗地产投资信托企业，旗下资产涵盖养老社区、医疗办公楼、生命科学研究设施及康复医疗中心等，主要在北美、英国地区运营，为医疗服务及生命科学机构提供专业物业解决方案。
EQIX vs VTR — 直观对比
营收规模更大
EQIX
是对方的1.5倍
$1.7B
营收增速更快
VTR
高出13.2%
8.8%
净利率更高
EQIX
高出7.4%
3.6%
两年增速更快
VTR
近两年复合增速
5.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $1.7B |
| 净利润 | $265.0M | $59.0M |
| 毛利率 | 50.5% | — |
| 营业利润率 | 17.4% | — |
| 净利率 | 11.0% | 3.6% |
| 营收同比 | 8.8% | 22.0% |
| 净利润同比 | -22.7% | 19.0% |
| 每股收益（稀释后） | $2.70 | — |
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EQIXVTR
| Q1 26 | $2.4B | $1.7B | ||
| Q4 25 | $2.4B | $1.6B | ||
| Q3 25 | $2.3B | $1.5B | ||
| Q2 25 | $2.3B | $1.4B | ||
| Q1 25 | $2.2B | $1.4B | ||
| Q4 24 | $2.3B | $1.3B | ||
| Q3 24 | $2.2B | $1.2B | ||
| Q2 24 | $2.2B | $1.2B |
净利润EQIXVTR
| Q1 26 | $265.0M | $59.0M | ||
| Q4 25 | $265.0M | $73.0M | ||
| Q3 25 | $374.0M | $68.7M | ||
| Q2 25 | $368.0M | $71.5M | ||
| Q1 25 | $343.0M | $48.4M | ||
| Q4 24 | $-14.0M | $58.7M | ||
| Q3 24 | $297.0M | $21.0M | ||
| Q2 24 | $301.0M | $21.2M |
毛利率EQIXVTR
| Q1 26 | 50.5% | — | ||
| Q4 25 | 50.5% | — | ||
| Q3 25 | 50.7% | — | ||
| Q2 25 | 52.0% | — | ||
| Q1 25 | 51.3% | — | ||
| Q4 24 | 47.1% | — | ||
| Q3 24 | 50.1% | — | ||
| Q2 24 | 49.9% | — |
营业利润率EQIXVTR
| Q1 26 | 17.4% | — | ||
| Q4 25 | 17.4% | 4.9% | ||
| Q3 25 | 20.5% | 3.0% | ||
| Q2 25 | 21.9% | 3.0% | ||
| Q1 25 | 20.6% | 3.0% | ||
| Q4 24 | 4.6% | -0.0% | ||
| Q3 24 | 19.3% | 1.5% | ||
| Q2 24 | 20.2% | -1.6% |
净利率EQIXVTR
| Q1 26 | 11.0% | 3.6% | ||
| Q4 25 | 11.0% | 4.7% | ||
| Q3 25 | 16.1% | 4.6% | ||
| Q2 25 | 16.3% | 5.0% | ||
| Q1 25 | 15.4% | 3.6% | ||
| Q4 24 | -0.6% | 4.6% | ||
| Q3 24 | 13.5% | 1.7% | ||
| Q2 24 | 13.9% | 1.8% |
每股收益（稀释后）EQIXVTR
| Q1 26 | $2.70 | — | ||
| Q4 25 | $2.70 | $0.15 | ||
| Q3 25 | $3.81 | $0.14 | ||
| Q2 25 | $3.75 | $0.15 | ||
| Q1 25 | $3.50 | $0.10 | ||
| Q4 24 | $-0.19 | $0.13 | ||
| Q3 24 | $3.10 | $0.05 | ||
| Q2 24 | $3.16 | $0.05 |
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 | $3.2B | $183.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $14.2B | $13.2B |
| 总资产 | $40.1B | $27.7B |
| 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EQIXVTR
| Q1 26 | $3.2B | $183.6M | ||
| Q4 25 | $3.2B | $741.1M | ||
| Q3 25 | $2.9B | $188.6M | ||
| Q2 25 | $4.5B | $614.2M | ||
| Q1 25 | $3.7B | $182.3M | ||
| Q4 24 | $3.6B | $897.9M | ||
| Q3 24 | $3.2B | $1.1B | ||
| Q2 24 | $2.0B | $557.1M |
总债务EQIXVTR
| Q1 26 | — | — | ||
| Q4 25 | — | $13.0B | ||
| Q3 25 | $17.3B | — | ||
| Q2 25 | $18.1B | — | ||
| Q1 25 | $15.9B | — | ||
| Q4 24 | $15.3B | $13.5B | ||
| Q3 24 | $15.4B | — | ||
| Q2 24 | $14.5B | — |
股东权益EQIXVTR
| Q1 26 | $14.2B | $13.2B | ||
| Q4 25 | $14.2B | $12.5B | ||
| Q3 25 | $14.2B | $12.4B | ||
| Q2 25 | $14.1B | $11.5B | ||
| Q1 25 | $13.9B | $11.5B | ||
| Q4 24 | $13.5B | $10.8B | ||
| Q3 24 | $13.6B | $9.8B | ||
| Q2 24 | $12.3B | $9.6B |
总资产EQIXVTR
| Q1 26 | $40.1B | $27.7B | ||
| Q4 25 | $40.1B | $27.6B | ||
| Q3 25 | $38.1B | $26.9B | ||
| Q2 25 | $38.8B | $26.5B | ||
| Q1 25 | $36.1B | $26.0B | ||
| Q4 24 | $35.1B | $26.2B | ||
| Q3 24 | $35.4B | $25.3B | ||
| Q2 24 | $32.9B | $24.5B |
负债/权益比EQIXVTR
| Q1 26 | — | — | ||
| Q4 25 | — | 1.04× | ||
| Q3 25 | 1.22× | — | ||
| Q2 25 | 1.28× | — | ||
| Q1 25 | 1.14× | — | ||
| Q4 24 | 1.13× | 1.26× | ||
| Q3 24 | 1.13× | — | ||
| Q2 24 | 1.18× | — |
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
EQIX
暂无分部数据
VTR
| Resident fees and services | $1.3B | 78% |
| Outpatient medical and research portfolio | $230.1M | 14% |
| Triple-net leased properties | $123.1M | 7% |
| Third-party capital management revenues | $4.4M | 0% |
