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Equity Residential（EQR）与Cloudflare, Inc.（NET）财务数据对比。点击上方公司名可切换其他公司
Equity Residential的季度营收约是Cloudflare, Inc.的1.3倍（$781.9M vs $614.5M），Equity Residential净利率更高（48.9% vs -2.0%，领先50.8%），Cloudflare, Inc.同比增速更快（33.6% vs 2.0%），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 3.4%）
Equity Residential是总部位于美国的公开上市房地产投资信托基金（REIT），核心业务聚焦公寓类不动产投资，在全美多地持有大量优质公寓资产，深耕租赁住房市场，拥有成熟的运营管理经验和突出的行业竞争优势。
Cloudflare是总部位于美国加利福尼亚州旧金山的科技企业，提供内容分发网络（CDN）、云网络安全、DDoS防护等多元互联网服务，同时是ICANN认证的域名注册商。其服务作为网站访客与客户托管服务商之间的反向代理，可有效提升访问性能，抵御恶意流量。
EQR vs NET — 直观对比
营收规模更大
EQR
是对方的1.3倍
$614.5M
营收增速更快
NET
高出31.6%
2.0%
净利率更高
EQR
高出50.8%
-2.0%
两年增速更快
NET
近两年复合增速
3.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $781.9M | $614.5M |
| 净利润 | $382.1M | $-12.1M |
| 毛利率 | — | 73.6% |
| 营业利润率 | 50.6% | -8.0% |
| 净利率 | 48.9% | -2.0% |
| 营收同比 | 2.0% | 33.6% |
| 净利润同比 | -8.8% | 6.0% |
| 每股收益（稀释后） | $1.01 | $-0.03 |
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EQRNET
| Q4 25 | $781.9M | $614.5M | ||
| Q3 25 | $782.4M | $562.0M | ||
| Q2 25 | $768.8M | $512.3M | ||
| Q1 25 | $760.8M | $479.1M | ||
| Q4 24 | $766.8M | $459.9M | ||
| Q3 24 | $748.3M | $430.1M | ||
| Q2 24 | $734.2M | $401.0M | ||
| Q1 24 | $730.8M | $378.6M |
净利润EQRNET
| Q4 25 | $382.1M | $-12.1M | ||
| Q3 25 | $289.1M | $-1.3M | ||
| Q2 25 | $192.4M | $-50.4M | ||
| Q1 25 | $256.6M | $-38.5M | ||
| Q4 24 | $419.1M | $-12.8M | ||
| Q3 24 | $143.4M | $-15.3M | ||
| Q2 24 | $177.5M | $-15.1M | ||
| Q1 24 | $295.8M | $-35.5M |
毛利率EQRNET
| Q4 25 | — | 73.6% | ||
| Q3 25 | — | 74.0% | ||
| Q2 25 | — | 74.9% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.4% | ||
| Q3 24 | — | 77.7% | ||
| Q2 24 | — | 77.8% | ||
| Q1 24 | — | 77.5% |
营业利润率EQRNET
| Q4 25 | 50.6% | -8.0% | ||
| Q3 25 | 38.5% | -6.7% | ||
| Q2 25 | 26.6% | -13.1% | ||
| Q1 25 | 35.7% | -11.1% | ||
| Q4 24 | 57.2% | -7.5% | ||
| Q3 24 | 20.1% | -7.2% | ||
| Q2 24 | 25.3% | -8.7% | ||
| Q1 24 | 42.0% | -14.4% |
净利率EQRNET
| Q4 25 | 48.9% | -2.0% | ||
| Q3 25 | 36.9% | -0.2% | ||
| Q2 25 | 25.0% | -9.8% | ||
| Q1 25 | 33.7% | -8.0% | ||
| Q4 24 | 54.7% | -2.8% | ||
| Q3 24 | 19.2% | -3.6% | ||
| Q2 24 | 24.2% | -3.8% | ||
| Q1 24 | 40.5% | -9.4% |
每股收益（稀释后）EQRNET
| Q4 25 | $1.01 | $-0.03 | ||
| Q3 25 | $0.76 | $0.00 | ||
| Q2 25 | $0.50 | $-0.15 | ||
| Q1 25 | $0.67 | $-0.11 | ||
| Q4 24 | $1.10 | $-0.05 | ||
| Q3 24 | $0.38 | $-0.04 | ||
| Q2 24 | $0.47 | $-0.04 | ||
| Q1 24 | $0.77 | $-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 | $55.9M | $943.5M |
| 总债务越低越好 | $8.2B | — |
| 股东权益账面价值 | $11.0B | $1.5B |
| 总资产 | $20.7B | $6.0B |
| 负债/权益比越低杠杆越低 | 0.75× | — |
8季度趋势，按日历期对齐
现金及短期投资EQRNET
| Q4 25 | $55.9M | $943.5M | ||
| Q3 25 | $93.1M | $1.1B | ||
| Q2 25 | $31.3M | $1.5B | ||
| Q1 25 | $39.8M | $204.5M | ||
| Q4 24 | $62.3M | $147.7M | ||
| Q3 24 | $28.6M | $182.9M | ||
| Q2 24 | $38.3M | $157.0M | ||
| Q1 24 | $44.5M | $254.4M |
总债务EQRNET
| Q4 25 | $8.2B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.2B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益EQRNET
| Q4 25 | $11.0B | $1.5B | ||
| Q3 25 | $11.1B | $1.3B | ||
| Q2 25 | $11.0B | $1.2B | ||
| Q1 25 | $11.0B | $1.4B | ||
| Q4 24 | $11.0B | $1.0B | ||
| Q3 24 | $10.9B | $973.1M | ||
| Q2 24 | $11.0B | $881.5M | ||
| Q1 24 | $11.1B | $797.2M |
总资产EQRNET
| Q4 25 | $20.7B | $6.0B | ||
| Q3 25 | $21.1B | $5.8B | ||
| Q2 25 | $21.0B | $5.6B | ||
| Q1 25 | $20.6B | $3.7B | ||
| Q4 24 | $20.8B | $3.3B | ||
| Q3 24 | $20.9B | $3.1B | ||
| Q2 24 | $19.8B | $2.9B | ||
| Q1 24 | $19.9B | $2.8B |
负债/权益比EQRNET
| Q4 25 | 0.75× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.74× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $387.0M | $190.4M |
| 自由现金流经营现金流 - 资本支出 | — | $105.2M |
| 自由现金流率自由现金流/营收 | — | 17.1% |
| 资本支出强度资本支出/营收 | — | 13.9% |
| 现金转化率经营现金流/净利润 | 1.01× | — |
| 过去12个月自由现金流最近4个季度 | — | $287.5M |
8季度趋势，按日历期对齐
经营现金流EQRNET
| Q4 25 | $387.0M | $190.4M | ||
| Q3 25 | $476.7M | $167.1M | ||
| Q2 25 | $359.5M | $99.8M | ||
| Q1 25 | $425.5M | $145.8M | ||
| Q4 24 | $354.2M | $127.3M | ||
| Q3 24 | $401.4M | $104.7M | ||
| Q2 24 | $396.9M | $74.8M | ||
| Q1 24 | $421.0M | $73.6M |
自由现金流EQRNET
| Q4 25 | — | $105.2M | ||
| Q3 25 | — | $82.5M | ||
| Q2 25 | — | $39.9M | ||
| Q1 25 | — | $59.9M | ||
| Q4 24 | — | $54.2M | ||
| Q3 24 | — | $54.5M | ||
| Q2 24 | — | $45.2M | ||
| Q1 24 | — | $41.5M |
自由现金流率EQRNET
| Q4 25 | — | 17.1% | ||
| Q3 25 | — | 14.7% | ||
| Q2 25 | — | 7.8% | ||
| Q1 25 | — | 12.5% | ||
| Q4 24 | — | 11.8% | ||
| Q3 24 | — | 12.7% | ||
| Q2 24 | — | 11.3% | ||
| Q1 24 | — | 11.0% |
资本支出强度EQRNET
| Q4 25 | — | 13.9% | ||
| Q3 25 | — | 15.1% | ||
| Q2 25 | — | 11.7% | ||
| Q1 25 | — | 17.9% | ||
| Q4 24 | — | 15.9% | ||
| Q3 24 | — | 11.7% | ||
| Q2 24 | — | 7.4% | ||
| Q1 24 | — | 8.5% |
现金转化率EQRNET
| Q4 25 | 1.01× | — | ||
| Q3 25 | 1.65× | — | ||
| Q2 25 | 1.87× | — | ||
| Q1 25 | 1.66× | — | ||
| Q4 24 | 0.85× | — | ||
| Q3 24 | 2.80× | — | ||
| Q2 24 | 2.24× | — | ||
| Q1 24 | 1.42× | — |
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
EQR
暂无分部数据
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
