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Empire State Realty Trust, Inc.（ESRT）与GIBRALTAR INDUSTRIES, INC.（ROCK）财务数据对比。点击上方公司名可切换其他公司
GIBRALTAR INDUSTRIES, INC.的季度营收约是Empire State Realty Trust, Inc.的1.2倍（$225.0M vs $190.3M），GIBRALTAR INDUSTRIES, INC.同比增速更快（24.9% vs 5.7%），过去两年Empire State Realty Trust, Inc.的营收复合增速更高（0.2% vs -12.3%）
帝国州房地产信托是一家美国房地产投资信托企业，持有并运营纽约大都会区的优质办公、零售及住宅物业，旗下资产包括地标性建筑帝国大厦，主打可持续运营模式，服务各类租户及住户，专注实现长期资产增值。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
ESRT vs ROCK — 直观对比
营收规模更大
ROCK
是对方的1.2倍
$190.3M
营收增速更快
ROCK
高出19.3%
5.7%
两年增速更快
ESRT
近两年复合增速
-12.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $190.3M | $225.0M |
| 净利润 | $3.0M | — |
| 毛利率 | — | 25.3% |
| 营业利润率 | 15.5% | 7.9% |
| 净利率 | 1.6% | — |
| 营收同比 | 5.7% | 24.9% |
| 净利润同比 | -73.7% | — |
| 每股收益（稀释后） | $0.20 | — |
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ESRTROCK
| Q1 26 | $190.3M | — | ||
| Q4 25 | $199.2M | $225.0M | ||
| Q3 25 | $197.7M | $310.9M | ||
| Q2 25 | $191.3M | $309.5M | ||
| Q1 25 | $180.1M | $290.0M | ||
| Q4 24 | $197.6M | $180.1M | ||
| Q3 24 | $199.6M | $277.1M | ||
| Q2 24 | $189.5M | $273.6M |
净利润ESRTROCK
| Q1 26 | $3.0M | — | ||
| Q4 25 | $32.2M | — | ||
| Q3 25 | $13.6M | $-89.1M | ||
| Q2 25 | $11.4M | $26.0M | ||
| Q1 25 | $15.8M | $21.1M | ||
| Q4 24 | $18.8M | — | ||
| Q3 24 | $22.8M | $34.0M | ||
| Q2 24 | $28.6M | $32.2M |
毛利率ESRTROCK
| Q1 26 | — | — | ||
| Q4 25 | — | 25.3% | ||
| Q3 25 | — | 26.6% | ||
| Q2 25 | — | 28.4% | ||
| Q1 25 | — | 26.8% | ||
| Q4 24 | — | 29.0% | ||
| Q3 24 | — | 29.4% | ||
| Q2 24 | — | 30.5% |
营业利润率ESRTROCK
| Q1 26 | 15.5% | — | ||
| Q4 25 | 17.8% | 7.9% | ||
| Q3 25 | 19.9% | 12.8% | ||
| Q2 25 | 18.4% | 12.8% | ||
| Q1 25 | 14.3% | 8.8% | ||
| Q4 24 | 21.7% | 13.3% | ||
| Q3 24 | 22.7% | 15.6% | ||
| Q2 24 | 20.8% | 14.9% |
净利率ESRTROCK
| Q1 26 | 1.6% | — | ||
| Q4 25 | 16.1% | — | ||
| Q3 25 | 6.9% | -28.6% | ||
| Q2 25 | 6.0% | 8.4% | ||
| Q1 25 | 8.8% | 7.3% | ||
| Q4 24 | 9.5% | — | ||
| Q3 24 | 11.4% | 12.3% | ||
| Q2 24 | 15.1% | 11.8% |
每股收益（稀释后）ESRTROCK
| Q1 26 | $0.20 | — | ||
| Q4 25 | $0.11 | — | ||
| Q3 25 | $0.05 | $-2.98 | ||
| Q2 25 | $0.04 | $0.87 | ||
| Q1 25 | $0.05 | — | ||
| Q4 24 | $0.07 | — | ||
| Q3 24 | $0.08 | $1.11 | ||
| Q2 24 | $0.10 | $1.05 |
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 | $68.8M | $115.7M |
| 总债务越低越好 | — | $0 |
| 股东权益账面价值 | $1.8B | $950.4M |
| 总资产 | $4.4B | $1.4B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资ESRTROCK
| Q1 26 | $68.8M | — | ||
| Q4 25 | $132.7M | $115.7M | ||
| Q3 25 | $154.1M | $89.4M | ||
| Q2 25 | $94.6M | $43.3M | ||
| Q1 25 | $187.8M | $25.1M | ||
| Q4 24 | $385.5M | $269.5M | ||
| Q3 24 | $421.9M | $228.9M | ||
| Q2 24 | $535.5M | $179.1M |
总债务ESRTROCK
| Q1 26 | — | — | ||
| Q4 25 | — | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | $0 | ||
| Q1 25 | — | $0 | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $0 |
股东权益ESRTROCK
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.1B | $950.4M | ||
| Q3 25 | $1.0B | $951.8M | ||
| Q2 25 | $1.0B | $1.0B | ||
| Q1 25 | $1.0B | $1.0B | ||
| Q4 24 | $1.0B | $1.0B | ||
| Q3 24 | $1.0B | $1.0B | ||
| Q2 24 | $1.0B | $975.7M |
总资产ESRTROCK
| Q1 26 | $4.4B | — | ||
| Q4 25 | $4.5B | $1.4B | ||
| Q3 25 | $4.1B | $1.4B | ||
| Q2 25 | $4.1B | $1.5B | ||
| Q1 25 | $4.1B | $1.4B | ||
| Q4 24 | $4.5B | $1.4B | ||
| Q3 24 | $4.4B | $1.4B | ||
| Q2 24 | $4.4B | $1.4B |
负债/权益比ESRTROCK
| Q1 26 | — | — | ||
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× |
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 | — | $35.5M |
| 自由现金流经营现金流 - 资本支出 | — | $26.2M |
| 自由现金流率自由现金流/营收 | — | 11.7% |
| 资本支出强度资本支出/营收 | 10.0% | 4.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $120.6M |
8季度趋势，按日历期对齐
经营现金流ESRTROCK
| Q1 26 | — | — | ||
| Q4 25 | $249.1M | $35.5M | ||
| Q3 25 | $105.3M | $73.0M | ||
| Q2 25 | $26.7M | $44.9M | ||
| Q1 25 | $83.1M | $13.7M | ||
| Q4 24 | $260.9M | $19.9M | ||
| Q3 24 | $102.8M | $64.7M | ||
| Q2 24 | $37.1M | $36.5M |
自由现金流ESRTROCK
| Q1 26 | — | — | ||
| Q4 25 | $50.6M | $26.2M | ||
| Q3 25 | $72.8M | $64.8M | ||
| Q2 25 | $-55.1M | $27.3M | ||
| Q1 25 | $41.1M | $2.3M | ||
| Q4 24 | $88.0M | $14.1M | ||
| Q3 24 | $-65.1M | $60.5M | ||
| Q2 24 | $19.5M | $33.5M |
自由现金流率ESRTROCK
| Q1 26 | — | — | ||
| Q4 25 | 25.4% | 11.7% | ||
| Q3 25 | 36.8% | 20.8% | ||
| Q2 25 | -28.8% | 8.8% | ||
| Q1 25 | 22.8% | 0.8% | ||
| Q4 24 | 44.5% | 7.8% | ||
| Q3 24 | -32.6% | 21.8% | ||
| Q2 24 | 10.3% | 12.2% |
资本支出强度ESRTROCK
| Q1 26 | 10.0% | — | ||
| Q4 25 | 99.6% | 4.1% | ||
| Q3 25 | 16.5% | 2.6% | ||
| Q2 25 | 42.8% | 5.7% | ||
| Q1 25 | 23.4% | 3.9% | ||
| Q4 24 | 87.5% | 3.3% | ||
| Q3 24 | 84.1% | 1.5% | ||
| Q2 24 | 9.3% | 1.1% |
现金转化率ESRTROCK
| Q1 26 | — | — | ||
| Q4 25 | 7.74× | — | ||
| Q3 25 | 7.72× | — | ||
| Q2 25 | 2.35× | 1.73× | ||
| Q1 25 | 5.27× | 0.65× | ||
| Q4 24 | 13.88× | — | ||
| Q3 24 | 4.51× | 1.90× | ||
| Q2 24 | 1.30× | 1.13× |
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
ESRT
| Rental revenue (1) | $166.1M | 87% |
| Observatory revenue | $18.5M | 10% |
| Other revenue and fees | $4.1M | 2% |
| Lease termination fees | $1.4M | 1% |
| Third-party management and other fees | $277.0K | 0% |
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
