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Empire State Realty OP, L.P.（ESBA）与通用动力（PLOW）财务数据对比。点击上方公司名可切换其他公司
Empire State Realty OP, L.P.的季度营收约是通用动力的1.1倍（$199.2M vs $184.5M），Empire State Realty OP, L.P.净利率更高（16.1% vs 7.0%，领先9.2%），通用动力同比增速更快（28.6% vs 0.8%），通用动力自由现金流更多（$92.8M vs $50.6M），过去两年通用动力的营收复合增速更高（38.9% vs 4.9%）
Empire State Realty OP, L.P. 是一家房地产运营合伙企业，核心业务为持有、管理及出租优质商业与零售物业，主要布局纽约大都会区，旗下拥有帝国大厦等标志性地标，服务企业租户、零售品牌及旅游相关业务板块。
通用动力公司是总部位于美国弗吉尼亚州雷斯顿的工业与科技企业，核心业务是研发制造各类先进军用装备，产品包括核潜艇、主战坦克、装甲战车等，同时也生产民用湾流公务机，并提供信息技术服务，是美国联邦政府前五大国防承包商之一。
ESBA vs PLOW — 直观对比
营收规模更大
ESBA
是对方的1.1倍
$184.5M
营收增速更快
PLOW
高出27.7%
0.8%
净利率更高
ESBA
高出9.2%
7.0%
自由现金流更多
PLOW
多$42.3M
$50.6M
两年增速更快
PLOW
近两年复合增速
4.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $199.2M | $184.5M |
| 净利润 | $32.2M | $12.8M |
| 毛利率 | — | 26.1% |
| 营业利润率 | 17.8% | 10.5% |
| 净利率 | 16.1% | 7.0% |
| 营收同比 | 0.8% | 28.6% |
| 净利润同比 | 71.2% | 62.3% |
| 每股收益（稀释后） | $0.11 | $0.54 |
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ESBAPLOW
| Q4 25 | $199.2M | $184.5M | ||
| Q3 25 | $197.7M | $162.1M | ||
| Q2 25 | $191.3M | $194.3M | ||
| Q1 25 | $180.1M | $115.1M | ||
| Q4 24 | $197.6M | $143.5M | ||
| Q3 24 | $199.6M | $129.4M | ||
| Q2 24 | $189.5M | $199.9M | ||
| Q1 24 | $181.2M | $95.7M |
净利润ESBAPLOW
| Q4 25 | $32.2M | $12.8M | ||
| Q3 25 | $13.6M | $8.0M | ||
| Q2 25 | $11.4M | $26.0M | ||
| Q1 25 | $15.8M | $148.0K | ||
| Q4 24 | $18.8M | $7.9M | ||
| Q3 24 | $22.8M | $32.3M | ||
| Q2 24 | $28.6M | $24.3M | ||
| Q1 24 | $10.2M | $-8.4M |
毛利率ESBAPLOW
| Q4 25 | — | 26.1% | ||
| Q3 25 | — | 23.5% | ||
| Q2 25 | — | 31.0% | ||
| Q1 25 | — | 24.5% | ||
| Q4 24 | — | 24.9% | ||
| Q3 24 | — | 23.9% | ||
| Q2 24 | — | 30.7% | ||
| Q1 24 | — | 19.8% |
营业利润率ESBAPLOW
| Q4 25 | 17.8% | 10.5% | ||
| Q3 25 | 19.9% | 8.7% | ||
| Q2 25 | 18.4% | 19.0% | ||
| Q1 25 | 14.3% | 2.8% | ||
| Q4 24 | 21.7% | 9.0% | ||
| Q3 24 | 22.7% | 35.4% | ||
| Q2 24 | 20.8% | 18.2% | ||
| Q1 24 | 17.1% | -6.7% |
净利率ESBAPLOW
| Q4 25 | 16.1% | 7.0% | ||
| Q3 25 | 6.9% | 4.9% | ||
| Q2 25 | 6.0% | 13.4% | ||
| Q1 25 | 8.8% | 0.1% | ||
| Q4 24 | 9.5% | 5.5% | ||
| Q3 24 | 11.4% | 24.9% | ||
| Q2 24 | 15.1% | 12.2% | ||
| Q1 24 | 5.6% | -8.7% |
每股收益（稀释后）ESBAPLOW
| Q4 25 | $0.11 | $0.54 | ||
| Q3 25 | $0.05 | $0.33 | ||
| Q2 25 | $0.04 | $1.09 | ||
| Q1 25 | $0.05 | $0.00 | ||
| Q4 24 | $0.07 | $0.35 | ||
| Q3 24 | $0.08 | $1.36 | ||
| Q2 24 | $0.10 | $1.02 | ||
| Q1 24 | $0.03 | $-0.37 |
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 | $132.7M | — |
| 总债务越低越好 | — | $144.0M |
| 股东权益账面价值 | — | $281.4M |
| 总资产 | $4.5B | $626.7M |
| 负债/权益比越低杠杆越低 | — | 0.51× |
8季度趋势，按日历期对齐
现金及短期投资ESBAPLOW
| Q4 25 | $132.7M | — | ||
| Q3 25 | $154.1M | — | ||
| Q2 25 | $94.6M | — | ||
| Q1 25 | $187.8M | — | ||
| Q4 24 | $385.5M | — | ||
| Q3 24 | $421.9M | — | ||
| Q2 24 | $535.5M | — | ||
| Q1 24 | $333.6M | — |
总债务ESBAPLOW
| Q4 25 | — | $144.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $147.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ESBAPLOW
| Q4 25 | — | $281.4M | ||
| Q3 25 | — | $275.3M | ||
| Q2 25 | — | $273.3M | ||
| Q1 25 | — | $258.9M | ||
| Q4 24 | — | $264.2M | ||
| Q3 24 | — | $260.8M | ||
| Q2 24 | — | $236.7M | ||
| Q1 24 | — | $217.2M |
总资产ESBAPLOW
| Q4 25 | $4.5B | $626.7M | ||
| Q3 25 | $4.1B | $694.9M | ||
| Q2 25 | $4.1B | $671.5M | ||
| Q1 25 | $4.1B | $621.0M | ||
| Q4 24 | $4.5B | $590.0M | ||
| Q3 24 | $4.4B | $665.6M | ||
| Q2 24 | $4.4B | $617.0M | ||
| Q1 24 | $4.2B | $577.1M |
负债/权益比ESBAPLOW
| Q4 25 | — | 0.51× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.56× | ||
| 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 | $249.1M | $95.9M |
| 自由现金流经营现金流 - 资本支出 | $50.6M | $92.8M |
| 自由现金流率自由现金流/营收 | 25.4% | 50.3% |
| 资本支出强度资本支出/营收 | 99.6% | 1.7% |
| 现金转化率经营现金流/净利润 | 7.74× | 7.47× |
| 过去12个月自由现金流最近4个季度 | $109.3M | $63.6M |
8季度趋势，按日历期对齐
经营现金流ESBAPLOW
| Q4 25 | $249.1M | $95.9M | ||
| Q3 25 | $105.3M | $-8.5M | ||
| Q2 25 | $26.7M | $-11.4M | ||
| Q1 25 | $83.1M | $-1.3M | ||
| Q4 24 | $260.9M | $74.4M | ||
| Q3 24 | $102.8M | $-14.2M | ||
| Q2 24 | $37.1M | $2.5M | ||
| Q1 24 | $70.9M | $-21.6M |
自由现金流ESBAPLOW
| Q4 25 | $50.6M | $92.8M | ||
| Q3 25 | $72.8M | $-11.4M | ||
| Q2 25 | $-55.1M | $-14.3M | ||
| Q1 25 | $41.1M | $-3.5M | ||
| Q4 24 | $88.0M | $70.2M | ||
| Q3 24 | $-65.1M | $-15.2M | ||
| Q2 24 | $19.5M | $836.0K | ||
| Q1 24 | $23.2M | $-22.4M |
自由现金流率ESBAPLOW
| Q4 25 | 25.4% | 50.3% | ||
| Q3 25 | 36.8% | -7.1% | ||
| Q2 25 | -28.8% | -7.4% | ||
| Q1 25 | 22.8% | -3.0% | ||
| Q4 24 | 44.5% | 48.9% | ||
| Q3 24 | -32.6% | -11.8% | ||
| Q2 24 | 10.3% | 0.4% | ||
| Q1 24 | 12.8% | -23.4% |
资本支出强度ESBAPLOW
| Q4 25 | 99.6% | 1.7% | ||
| Q3 25 | 16.5% | 1.8% | ||
| Q2 25 | 42.8% | 1.5% | ||
| Q1 25 | 23.4% | 1.9% | ||
| Q4 24 | 87.5% | 2.9% | ||
| Q3 24 | 84.1% | 0.8% | ||
| Q2 24 | 9.3% | 0.8% | ||
| Q1 24 | 26.3% | 0.8% |
现金转化率ESBAPLOW
| Q4 25 | 7.74× | 7.47× | ||
| Q3 25 | 7.72× | -1.07× | ||
| Q2 25 | 2.35× | -0.44× | ||
| Q1 25 | 5.27× | -9.03× | ||
| Q4 24 | 13.88× | 9.41× | ||
| Q3 24 | 4.51× | -0.44× | ||
| Q2 24 | 1.30× | 0.10× | ||
| Q1 24 | 6.94× | — |
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
ESBA
| Real Estate Segment | $163.8M | 82% |
| Observatory Segment | $35.2M | 18% |
PLOW
| Work Truck Solutions | $101.5M | 55% |
| Transferred At Point In Time | $83.1M | 45% |
