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Essex Property Trust（ESS）与Life Time Group Holdings, Inc.（LTH）财务数据对比。点击上方公司名可切换其他公司
Life Time Group Holdings, Inc.的季度营收约是Essex Property Trust的1.6倍（$745.1M vs $479.6M），Essex Property Trust净利率更高（17.9% vs 16.5%，领先1.4%），Life Time Group Holdings, Inc.同比增速更快（12.3% vs 5.5%），过去两年Life Time Group Holdings, Inc.的营收复合增速更高（11.7% 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。
Life Time Group Holdings是美国高端健身康养服务运营商，在全美运营连锁高端运动场馆，提供健身器材使用、团体课程、私教指导、SPA护理、营养咨询、青少年运动项目及联合办公等服务，服务于追求健康生活方式的消费群体。
ESS vs LTH — 直观对比
营收规模更大
LTH
是对方的1.6倍
$479.6M
营收增速更快
LTH
高出6.8%
5.5%
净利率更高
ESS
高出1.4%
16.5%
两年增速更快
LTH
近两年复合增速
6.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $479.6M | $745.1M |
| 净利润 | $85.7M | $123.0M |
| 毛利率 | 70.0% | 49.1% |
| 营业利润率 | 31.7% | 17.4% |
| 净利率 | 17.9% | 16.5% |
| 营收同比 | 5.5% | 12.3% |
| 净利润同比 | -71.6% | 231.0% |
| 每股收益（稀释后） | $1.24 | $0.55 |
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ESSLTH
| Q4 25 | $479.6M | $745.1M | ||
| Q3 25 | $473.3M | $782.6M | ||
| Q2 25 | $469.8M | $761.5M | ||
| Q1 25 | $464.6M | $706.0M | ||
| Q4 24 | $454.5M | $663.3M | ||
| Q3 24 | $450.7M | $693.2M | ||
| Q2 24 | $442.4M | $667.8M | ||
| Q1 24 | $426.9M | $596.7M |
净利润ESSLTH
| Q4 25 | $85.7M | $123.0M | ||
| Q3 25 | $172.7M | $102.4M | ||
| Q2 25 | $231.5M | $72.1M | ||
| Q1 25 | $212.8M | $76.1M | ||
| Q4 24 | $301.7M | $37.2M | ||
| Q3 24 | $125.5M | $41.4M | ||
| Q2 24 | $99.0M | $52.8M | ||
| Q1 24 | $285.1M | $24.9M |
毛利率ESSLTH
| Q4 25 | 70.0% | 49.1% | ||
| Q3 25 | 69.2% | 47.1% | ||
| Q2 25 | 70.7% | 47.0% | ||
| Q1 25 | 69.6% | 47.5% | ||
| Q4 24 | 70.0% | 48.2% | ||
| Q3 24 | 69.5% | 46.5% | ||
| Q2 24 | 70.8% | 46.8% | ||
| Q1 24 | 69.7% | 46.1% |
营业利润率ESSLTH
| Q4 25 | 31.7% | 17.4% | ||
| Q3 25 | 44.5% | 17.3% | ||
| Q2 25 | 59.5% | 14.2% | ||
| Q1 25 | 55.3% | 15.2% | ||
| Q4 24 | 67.0% | 13.1% | ||
| Q3 24 | 28.6% | 13.5% | ||
| Q2 24 | 31.1% | 15.7% | ||
| Q1 24 | 31.0% | 12.1% |
净利率ESSLTH
| Q4 25 | 17.9% | 16.5% | ||
| Q3 25 | 36.5% | 13.1% | ||
| Q2 25 | 49.3% | 9.5% | ||
| Q1 25 | 45.8% | 10.8% | ||
| Q4 24 | 66.4% | 5.6% | ||
| Q3 24 | 27.8% | 6.0% | ||
| Q2 24 | 22.4% | 7.9% | ||
| Q1 24 | 66.8% | 4.2% |
每股收益（稀释后）ESSLTH
| Q4 25 | $1.24 | $0.55 | ||
| Q3 25 | $2.56 | $0.45 | ||
| Q2 25 | $3.44 | $0.32 | ||
| Q1 25 | $3.16 | $0.34 | ||
| Q4 24 | $4.00 | $0.17 | ||
| Q3 24 | $1.84 | $0.19 | ||
| Q2 24 | $1.45 | $0.26 | ||
| 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 | $204.8M |
| 总债务越低越好 | — | $1.5B |
| 股东权益账面价值 | $5.5B | $3.1B |
| 总资产 | $13.2B | $8.0B |
| 负债/权益比越低杠杆越低 | — | 0.48× |
8季度趋势，按日历期对齐
现金及短期投资ESSLTH
| Q4 25 | $76.2M | $204.8M | ||
| Q3 25 | $66.0M | $218.9M | ||
| Q2 25 | $58.7M | $175.5M | ||
| Q1 25 | $98.7M | $59.0M | ||
| Q4 24 | $66.8M | $10.9M | ||
| Q3 24 | $71.3M | $120.9M | ||
| Q2 24 | $55.2M | $34.5M | ||
| Q1 24 | $499.0M | $18.6M |
总债务ESSLTH
| Q4 25 | — | $1.5B | ||
| Q3 25 | $6.4B | $1.5B | ||
| Q2 25 | $6.4B | $1.5B | ||
| Q1 25 | $6.8B | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | $6.4B | $1.7B | ||
| Q2 24 | $6.2B | $1.8B | ||
| Q1 24 | $6.6B | $2.0B |
股东权益ESSLTH
| Q4 25 | $5.5B | $3.1B | ||
| Q3 25 | $5.6B | $3.0B | ||
| Q2 25 | $5.6B | $2.9B | ||
| Q1 25 | $5.6B | $2.7B | ||
| Q4 24 | $5.5B | $2.6B | ||
| Q3 24 | $5.4B | $2.6B | ||
| Q2 24 | $5.5B | $2.4B | ||
| Q1 24 | $5.5B | $2.3B |
总资产ESSLTH
| Q4 25 | $13.2B | $8.0B | ||
| Q3 25 | $13.2B | $7.8B | ||
| Q2 25 | $13.2B | $7.6B | ||
| Q1 25 | $13.2B | $7.3B | ||
| Q4 24 | $12.9B | $7.2B | ||
| Q3 24 | $12.6B | $7.2B | ||
| Q2 24 | $12.5B | $7.1B | ||
| Q1 24 | $12.9B | $7.1B |
负债/权益比ESSLTH
| Q4 25 | — | 0.48× | ||
| Q3 25 | 1.15× | 0.51× | ||
| Q2 25 | 1.14× | 0.53× | ||
| Q1 25 | 1.22× | 0.56× | ||
| Q4 24 | — | 0.59× | ||
| Q3 24 | 1.18× | 0.64× | ||
| Q2 24 | 1.13× | 0.78× | ||
| Q1 24 | 1.19× | 0.87× |
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 | $239.9M |
| 自由现金流经营现金流 - 资本支出 | — | $-64.6M |
| 自由现金流率自由现金流/营收 | — | -8.7% |
| 资本支出强度资本支出/营收 | — | 40.9% |
| 现金转化率经营现金流/净利润 | 12.53× | 1.95× |
| 过去12个月自由现金流最近4个季度 | — | $-21.0M |
8季度趋势，按日历期对齐
经营现金流ESSLTH
| Q4 25 | $1.1B | $239.9M | ||
| Q3 25 | $342.6M | $251.1M | ||
| Q2 25 | $216.1M | $195.7M | ||
| Q1 25 | $281.5M | $183.9M | ||
| Q4 24 | $1.1B | $163.1M | ||
| Q3 24 | $316.2M | $151.1M | ||
| Q2 24 | $218.9M | $170.4M | ||
| Q1 24 | $314.9M | $90.4M |
自由现金流ESSLTH
| Q4 25 | — | $-64.6M | ||
| Q3 25 | — | $28.6M | ||
| Q2 25 | — | $-26.3M | ||
| Q1 25 | — | $41.4M | ||
| Q4 24 | — | $26.8M | ||
| Q3 24 | — | $64.0M | ||
| Q2 24 | — | $26.1M | ||
| Q1 24 | — | $-66.4M |
自由现金流率ESSLTH
| Q4 25 | — | -8.7% | ||
| Q3 25 | — | 3.7% | ||
| Q2 25 | — | -3.5% | ||
| Q1 25 | — | 5.9% | ||
| Q4 24 | — | 4.0% | ||
| Q3 24 | — | 9.2% | ||
| Q2 24 | — | 3.9% | ||
| Q1 24 | — | -11.1% |
资本支出强度ESSLTH
| Q4 25 | — | 40.9% | ||
| Q3 25 | — | 28.4% | ||
| Q2 25 | — | 29.2% | ||
| Q1 25 | — | 20.2% | ||
| Q4 24 | — | 20.6% | ||
| Q3 24 | — | 12.6% | ||
| Q2 24 | — | 21.6% | ||
| Q1 24 | — | 26.3% |
现金转化率ESSLTH
| Q4 25 | 12.53× | 1.95× | ||
| Q3 25 | 1.98× | 2.45× | ||
| Q2 25 | 0.93× | 2.71× | ||
| Q1 25 | 1.32× | 2.41× | ||
| Q4 24 | 3.54× | 4.39× | ||
| Q3 24 | 2.52× | 3.65× | ||
| Q2 24 | 2.21× | 3.23× | ||
| Q1 24 | 1.10× | 3.63× |
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
LTH
| Membership | $535.1M | 72% |
| In Center | $191.2M | 26% |
| Other | $18.8M | 3% |
