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Essex Property Trust（ESS）与Federal Realty Investment Trust（FRT）财务数据对比。点击上方公司名可切换其他公司
Essex Property Trust的季度营收约是Federal Realty Investment Trust的1.4倍（$479.6M vs $336.0M），Federal Realty Investment Trust净利率更高（38.6% vs 17.9%，领先20.7%），Federal Realty Investment Trust同比增速更快（8.7% vs 5.5%），过去两年Federal Realty Investment Trust的营收复合增速更高（6.5% vs 6.0%）
Essex Property Trust是一家公开上市的房地产投资信托企业，重点布局美国西海岸优质不动产市场，核心投资标的为加利福尼亚州及西雅图大都会区的公寓类物业，在长租公寓的投资、运营及管理领域拥有深厚的行业积累与资源优势。
Federal Realty Investment Trust是一家专业房地产投资信托基金，核心投资标的为购物中心类商业物业，资产布局覆盖美国东北部、大西洋中部地区、加利福尼亚州及南佛罗里达区域，在当地商业不动产投资领域拥有丰富的运营经验。
ESS vs FRT — 直观对比
营收规模更大
ESS
是对方的1.4倍
$336.0M
营收增速更快
FRT
高出3.2%
5.5%
净利率更高
FRT
高出20.7%
17.9%
两年增速更快
FRT
近两年复合增速
6.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $479.6M | $336.0M |
| 净利润 | $85.7M | $129.7M |
| 毛利率 | 70.0% | — |
| 营业利润率 | 31.7% | 53.8% |
| 净利率 | 17.9% | 38.6% |
| 营收同比 | 5.5% | 8.7% |
| 净利润同比 | -71.6% | 103.5% |
| 每股收益（稀释后） | $1.24 | $1.49 |
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ESSFRT
| Q1 26 | — | $336.0M | ||
| Q4 25 | $479.6M | $336.0M | ||
| Q3 25 | $473.3M | $322.3M | ||
| Q2 25 | $469.8M | $311.5M | ||
| Q1 25 | $464.6M | $309.2M | ||
| Q4 24 | $454.5M | $311.4M | ||
| Q3 24 | $450.7M | $303.6M | ||
| Q2 24 | $442.4M | $296.1M |
净利润ESSFRT
| Q1 26 | — | $129.7M | ||
| Q4 25 | $85.7M | $129.7M | ||
| Q3 25 | $172.7M | $61.6M | ||
| Q2 25 | $231.5M | $155.9M | ||
| Q1 25 | $212.8M | $63.8M | ||
| Q4 24 | $301.7M | $65.5M | ||
| Q3 24 | $125.5M | $61.0M | ||
| Q2 24 | $99.0M | $112.0M |
毛利率ESSFRT
| Q1 26 | — | — | ||
| Q4 25 | 70.0% | — | ||
| Q3 25 | 69.2% | — | ||
| Q2 25 | 70.7% | — | ||
| Q1 25 | 69.6% | — | ||
| Q4 24 | 70.0% | — | ||
| Q3 24 | 69.5% | — | ||
| Q2 24 | 70.8% | — |
营业利润率ESSFRT
| Q1 26 | — | 53.8% | ||
| Q4 25 | 31.7% | 53.8% | ||
| Q3 25 | 44.5% | 34.3% | ||
| Q2 25 | 59.5% | 65.1% | ||
| Q1 25 | 55.3% | 35.0% | ||
| Q4 24 | 67.0% | 35.1% | ||
| Q3 24 | 28.6% | 34.9% | ||
| Q2 24 | 31.1% | 53.0% |
净利率ESSFRT
| Q1 26 | — | 38.6% | ||
| Q4 25 | 17.9% | 38.6% | ||
| Q3 25 | 36.5% | 19.1% | ||
| Q2 25 | 49.3% | 50.0% | ||
| Q1 25 | 45.8% | 20.6% | ||
| Q4 24 | 66.4% | 21.0% | ||
| Q3 24 | 27.8% | 20.1% | ||
| Q2 24 | 22.4% | 37.8% |
每股收益（稀释后）ESSFRT
| Q1 26 | — | $1.49 | ||
| Q4 25 | $1.24 | $1.49 | ||
| Q3 25 | $2.56 | $0.69 | ||
| Q2 25 | $3.44 | $1.78 | ||
| Q1 25 | $3.16 | $0.72 | ||
| Q4 24 | $4.00 | $0.74 | ||
| Q3 24 | $1.84 | $0.70 | ||
| Q2 24 | $1.45 | $1.32 |
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 | $76.2M | $107.4M |
| 总债务越低越好 | — | $5.0B |
| 股东权益账面价值 | $5.5B | $3.2B |
| 总资产 | $13.2B | $9.1B |
| 负债/权益比越低杠杆越低 | — | 1.53× |
8季度趋势，按日历期对齐
现金及短期投资ESSFRT
| Q1 26 | — | $107.4M | ||
| Q4 25 | $76.2M | $107.4M | ||
| Q3 25 | $66.0M | $111.3M | ||
| Q2 25 | $58.7M | $177.0M | ||
| Q1 25 | $98.7M | $109.2M | ||
| Q4 24 | $66.8M | $123.4M | ||
| Q3 24 | $71.3M | $97.0M | ||
| Q2 24 | $55.2M | $103.2M |
总债务ESSFRT
| Q1 26 | — | $5.0B | ||
| Q4 25 | — | $5.0B | ||
| Q3 25 | $6.4B | — | ||
| Q2 25 | $6.4B | — | ||
| Q1 25 | $6.8B | — | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | $6.4B | — | ||
| Q2 24 | $6.2B | — |
股东权益ESSFRT
| Q1 26 | — | $3.2B | ||
| Q4 25 | $5.5B | $3.2B | ||
| Q3 25 | $5.6B | $3.2B | ||
| Q2 25 | $5.6B | $3.2B | ||
| Q1 25 | $5.6B | $3.2B | ||
| Q4 24 | $5.5B | $3.2B | ||
| Q3 24 | $5.4B | $3.1B | ||
| Q2 24 | $5.5B | $3.0B |
总资产ESSFRT
| Q1 26 | — | $9.1B | ||
| Q4 25 | $13.2B | $9.1B | ||
| Q3 25 | $13.2B | $8.9B | ||
| Q2 25 | $13.2B | $8.6B | ||
| Q1 25 | $13.2B | $8.6B | ||
| Q4 24 | $12.9B | $8.5B | ||
| Q3 24 | $12.6B | $8.5B | ||
| Q2 24 | $12.5B | $8.4B |
负债/权益比ESSFRT
| Q1 26 | — | 1.53× | ||
| Q4 25 | — | 1.53× | ||
| Q3 25 | 1.15× | — | ||
| Q2 25 | 1.14× | — | ||
| Q1 25 | 1.22× | — | ||
| Q4 24 | — | 1.42× | ||
| Q3 24 | 1.18× | — | ||
| Q2 24 | 1.13× | — |
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 | $1.1B | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 12.53× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流ESSFRT
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $622.4M | ||
| Q3 25 | $342.6M | $147.8M | ||
| Q2 25 | $216.1M | $150.7M | ||
| Q1 25 | $281.5M | $179.0M | ||
| Q4 24 | $1.1B | $574.6M | ||
| Q3 24 | $316.2M | $144.1M | ||
| Q2 24 | $218.9M | $169.7M |
现金转化率ESSFRT
| Q1 26 | — | — | ||
| Q4 25 | 12.53× | 4.80× | ||
| Q3 25 | 1.98× | 2.40× | ||
| Q2 25 | 0.93× | 0.97× | ||
| Q1 25 | 1.32× | 2.81× | ||
| Q4 24 | 3.54× | 8.77× | ||
| Q3 24 | 2.52× | 2.36× | ||
| Q2 24 | 2.21× | 1.52× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
