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Essex Property Trust（ESS）与First Watch Restaurant Group, Inc.（FWRG）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First Watch Restaurant Group, Inc.的1.5倍（$479.6M vs $316.4M），First Watch Restaurant Group, Inc.同比增速更快（20.2% vs 5.5%），过去两年First Watch Restaurant Group, Inc.的营收复合增速更高（14.2% 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。
该企业原信息存在公司混淆错误，实际First Watch Restaurant Group是美国餐饮集团，主打鲜制早餐、早午餐与午餐，在美国多个州运营自营与特许加盟餐厅，聚焦日间休闲餐饮市场，为消费者提供新鲜健康的美式餐食选择。
ESS vs FWRG — 直观对比
营收规模更大
ESS
是对方的1.5倍
$316.4M
营收增速更快
FWRG
高出14.6%
5.5%
两年增速更快
FWRG
近两年复合增速
6.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $479.6M | $316.4M |
| 净利润 | $85.7M | — |
| 毛利率 | 70.0% | — |
| 营业利润率 | 31.7% | 2.9% |
| 净利率 | 17.9% | — |
| 营收同比 | 5.5% | 20.2% |
| 净利润同比 | -71.6% | — |
| 每股收益（稀释后） | $1.24 | $0.24 |
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ESSFWRG
| Q4 25 | $479.6M | $316.4M | ||
| Q3 25 | $473.3M | $316.0M | ||
| Q2 25 | $469.8M | $307.9M | ||
| Q1 25 | $464.6M | $282.2M | ||
| Q4 24 | $454.5M | $263.3M | ||
| Q3 24 | $450.7M | $251.6M | ||
| Q2 24 | $442.4M | $258.6M | ||
| Q1 24 | $426.9M | $242.4M |
净利润ESSFWRG
| Q4 25 | $85.7M | — | ||
| Q3 25 | $172.7M | $3.0M | ||
| Q2 25 | $231.5M | $2.1M | ||
| Q1 25 | $212.8M | $-829.0K | ||
| Q4 24 | $301.7M | — | ||
| Q3 24 | $125.5M | $2.1M | ||
| Q2 24 | $99.0M | $8.9M | ||
| Q1 24 | $285.1M | $7.2M |
毛利率ESSFWRG
| 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% | — | ||
| Q1 24 | 69.7% | — |
营业利润率ESSFWRG
| Q4 25 | 31.7% | 2.9% | ||
| Q3 25 | 44.5% | 3.2% | ||
| Q2 25 | 59.5% | 2.4% | ||
| Q1 25 | 55.3% | 0.4% | ||
| Q4 24 | 67.0% | 1.5% | ||
| Q3 24 | 28.6% | 2.5% | ||
| Q2 24 | 31.1% | 6.4% | ||
| Q1 24 | 31.0% | 5.1% |
净利率ESSFWRG
| Q4 25 | 17.9% | — | ||
| Q3 25 | 36.5% | 0.9% | ||
| Q2 25 | 49.3% | 0.7% | ||
| Q1 25 | 45.8% | -0.3% | ||
| Q4 24 | 66.4% | — | ||
| Q3 24 | 27.8% | 0.8% | ||
| Q2 24 | 22.4% | 3.4% | ||
| Q1 24 | 66.8% | 3.0% |
每股收益（稀释后）ESSFWRG
| Q4 25 | $1.24 | $0.24 | ||
| Q3 25 | $2.56 | $0.05 | ||
| Q2 25 | $3.44 | $0.03 | ||
| Q1 25 | $3.16 | $-0.01 | ||
| Q4 24 | $4.00 | $0.01 | ||
| Q3 24 | $1.84 | $0.03 | ||
| Q2 24 | $1.45 | $0.14 | ||
| Q1 24 | $4.25 | $0.12 |
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 | $21.2M |
| 总债务越低越好 | — | $269.1M |
| 股东权益账面价值 | $5.5B | $626.3M |
| 总资产 | $13.2B | $1.7B |
| 负债/权益比越低杠杆越低 | — | 0.43× |
8季度趋势，按日历期对齐
现金及短期投资ESSFWRG
| Q4 25 | $76.2M | $21.2M | ||
| Q3 25 | $66.0M | $20.7M | ||
| Q2 25 | $58.7M | $19.2M | ||
| Q1 25 | $98.7M | $18.6M | ||
| Q4 24 | $66.8M | $33.3M | ||
| Q3 24 | $71.3M | $51.1M | ||
| Q2 24 | $55.2M | $45.1M | ||
| Q1 24 | $499.0M | $43.2M |
总债务ESSFWRG
| Q4 25 | — | $269.1M | ||
| Q3 25 | $6.4B | $251.0M | ||
| Q2 25 | $6.4B | $250.0M | ||
| Q1 25 | $6.8B | $191.5M | ||
| Q4 24 | — | $189.0M | ||
| Q3 24 | $6.4B | $189.7M | ||
| Q2 24 | $6.2B | $192.1M | ||
| Q1 24 | $6.6B | $122.7M |
股东权益ESSFWRG
| Q4 25 | $5.5B | $626.3M | ||
| Q3 25 | $5.6B | $607.3M | ||
| Q2 25 | $5.6B | $601.3M | ||
| Q1 25 | $5.6B | $596.3M | ||
| Q4 24 | $5.5B | $595.4M | ||
| Q3 24 | $5.4B | $589.1M | ||
| Q2 24 | $5.5B | $585.8M | ||
| Q1 24 | $5.5B | $574.4M |
总资产ESSFWRG
| Q4 25 | $13.2B | $1.7B | ||
| Q3 25 | $13.2B | $1.7B | ||
| Q2 25 | $13.2B | $1.7B | ||
| Q1 25 | $13.2B | $1.5B | ||
| Q4 24 | $12.9B | $1.5B | ||
| Q3 24 | $12.6B | $1.5B | ||
| Q2 24 | $12.5B | $1.4B | ||
| Q1 24 | $12.9B | $1.3B |
负债/权益比ESSFWRG
| Q4 25 | — | 0.43× | ||
| Q3 25 | 1.15× | 0.41× | ||
| Q2 25 | 1.14× | 0.42× | ||
| Q1 25 | 1.22× | 0.32× | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | 1.18× | 0.32× | ||
| Q2 24 | 1.13× | 0.33× | ||
| Q1 24 | 1.19× | 0.21× |
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 | $18.5M |
| 自由现金流经营现金流 - 资本支出 | — | $-18.3M |
| 自由现金流率自由现金流/营收 | — | -5.8% |
| 资本支出强度资本支出/营收 | — | 11.6% |
| 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 | — | $-31.0M |
8季度趋势，按日历期对齐
经营现金流ESSFWRG
| Q4 25 | $1.1B | $18.5M | ||
| Q3 25 | $342.6M | $47.9M | ||
| Q2 25 | $216.1M | $39.4M | ||
| Q1 25 | $281.5M | $20.1M | ||
| Q4 24 | $1.1B | $22.9M | ||
| Q3 24 | $316.2M | $35.9M | ||
| Q2 24 | $218.9M | $31.9M | ||
| Q1 24 | $314.9M | $25.0M |
自由现金流ESSFWRG
| Q4 25 | — | $-18.3M | ||
| Q3 25 | — | $5.5M | ||
| Q2 25 | — | $-1.7M | ||
| Q1 25 | — | $-16.4M | ||
| Q4 24 | — | $-17.7M | ||
| Q3 24 | — | $6.8M | ||
| Q2 24 | — | $2.3M | ||
| Q1 24 | — | $-3.6M |
自由现金流率ESSFWRG
| Q4 25 | — | -5.8% | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | — | -0.5% | ||
| Q1 25 | — | -5.8% | ||
| Q4 24 | — | -6.7% | ||
| Q3 24 | — | 2.7% | ||
| Q2 24 | — | 0.9% | ||
| Q1 24 | — | -1.5% |
资本支出强度ESSFWRG
| Q4 25 | — | 11.6% | ||
| Q3 25 | — | 13.4% | ||
| Q2 25 | — | 13.4% | ||
| Q1 25 | — | 13.0% | ||
| Q4 24 | — | 15.4% | ||
| Q3 24 | — | 11.6% | ||
| Q2 24 | — | 11.5% | ||
| Q1 24 | — | 11.8% |
现金转化率ESSFWRG
| Q4 25 | 12.53× | — | ||
| Q3 25 | 1.98× | 16.01× | ||
| Q2 25 | 0.93× | 18.72× | ||
| Q1 25 | 1.32× | — | ||
| Q4 24 | 3.54× | — | ||
| Q3 24 | 2.52× | 16.98× | ||
| Q2 24 | 2.21× | 3.59× | ||
| Q1 24 | 1.10× | 3.46× |
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
ESS
暂无分部数据
FWRG
| In Restaurant Dining Sales | $254.1M | 80% |
| Third Party Delivery Sales | $38.6M | 12% |
| Take Out Sales | $21.3M | 7% |
| Royalty And System Fund Contributions | $2.3M | 1% |
