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Essex Property Trust（ESS）与NGL Energy Partners LP（NGL）财务数据对比。点击上方公司名可切换其他公司
NGL Energy Partners LP的季度营收约是Essex Property Trust的1.9倍（$909.8M vs $479.6M），Essex Property Trust净利率更高（17.9% vs 5.2%，领先12.7%），Essex Property Trust同比增速更快（5.5% vs -41.3%），过去两年Essex Property Trust的营收复合增速更高（6.0% vs -6.4%）
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。
NGL Energy Partners LP是一家总部位于美国的中游能源服务企业，主营原油、液化天然气、可再生燃料的运输、存储及物流服务，同时为上游能源生产商提供水资源管理解决方案，业务主要覆盖北美市场。
ESS vs NGL — 直观对比
营收规模更大
NGL
是对方的1.9倍
$479.6M
营收增速更快
ESS
高出46.8%
-41.3%
净利率更高
ESS
高出12.7%
5.2%
两年增速更快
ESS
近两年复合增速
-6.4%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $479.6M | $909.8M |
| 净利润 | $85.7M | $47.2M |
| 毛利率 | 70.0% | 29.0% |
| 营业利润率 | 31.7% | 12.1% |
| 净利率 | 17.9% | 5.2% |
| 营收同比 | 5.5% | -41.3% |
| 净利润同比 | -71.6% | 249.3% |
| 每股收益（稀释后） | $1.24 | — |
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ESSNGL
| Q4 25 | $479.6M | $909.8M | ||
| Q3 25 | $473.3M | $674.7M | ||
| Q2 25 | $469.8M | $622.2M | ||
| Q1 25 | $464.6M | $971.1M | ||
| Q4 24 | $454.5M | $982.4M | ||
| Q3 24 | $450.7M | $756.5M | ||
| Q2 24 | $442.4M | $759.2M | ||
| Q1 24 | $426.9M | $1.0B |
净利润ESSNGL
| Q4 25 | $85.7M | $47.2M | ||
| Q3 25 | $172.7M | $29.3M | ||
| Q2 25 | $231.5M | $68.9M | ||
| Q1 25 | $212.8M | $13.7M | ||
| Q4 24 | $301.7M | $13.5M | ||
| Q3 24 | $125.5M | $2.5M | ||
| Q2 24 | $99.0M | $9.7M | ||
| Q1 24 | $285.1M | $-236.8M |
毛利率ESSNGL
| Q4 25 | 70.0% | 29.0% | ||
| Q3 25 | 69.2% | 37.6% | ||
| Q2 25 | 70.7% | 38.5% | ||
| Q1 25 | 69.6% | 26.9% | ||
| Q4 24 | 70.0% | 25.1% | ||
| Q3 24 | 69.5% | 30.9% | ||
| Q2 24 | 70.8% | 29.0% | ||
| Q1 24 | 69.7% | 21.8% |
营业利润率ESSNGL
| Q4 25 | 31.7% | 12.1% | ||
| Q3 25 | 44.5% | 14.0% | ||
| Q2 25 | 59.5% | 15.7% | ||
| Q1 25 | 55.3% | 8.4% | ||
| Q4 24 | 67.0% | 8.6% | ||
| Q3 24 | 28.6% | 10.8% | ||
| Q2 24 | 31.1% | 10.8% | ||
| Q1 24 | 31.0% | -9.4% |
净利率ESSNGL
| Q4 25 | 17.9% | 5.2% | ||
| Q3 25 | 36.5% | 4.3% | ||
| Q2 25 | 49.3% | 11.1% | ||
| Q1 25 | 45.8% | 1.4% | ||
| Q4 24 | 66.4% | 1.4% | ||
| Q3 24 | 27.8% | 0.3% | ||
| Q2 24 | 22.4% | 1.3% | ||
| Q1 24 | 66.8% | -22.8% |
每股收益（稀释后）ESSNGL
| Q4 25 | $1.24 | — | ||
| Q3 25 | $2.56 | — | ||
| Q2 25 | $3.44 | — | ||
| Q1 25 | $3.16 | — | ||
| Q4 24 | $4.00 | — | ||
| Q3 24 | $1.84 | — | ||
| Q2 24 | $1.45 | — | ||
| Q1 24 | $4.25 | — |
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 | $6.5M |
| 总债务越低越好 | — | $2.9B |
| 股东权益账面价值 | $5.5B | — |
| 总资产 | $13.2B | $4.4B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ESSNGL
| Q4 25 | $76.2M | $6.5M | ||
| Q3 25 | $66.0M | $8.7M | ||
| Q2 25 | $58.7M | $5.4M | ||
| Q1 25 | $98.7M | $13.5M | ||
| Q4 24 | $66.8M | $5.7M | ||
| Q3 24 | $71.3M | $4.5M | ||
| Q2 24 | $55.2M | $5.3M | ||
| Q1 24 | $499.0M | $38.9M |
总债务ESSNGL
| Q4 25 | — | $2.9B | ||
| Q3 25 | $6.4B | $2.9B | ||
| Q2 25 | $6.4B | $2.9B | ||
| Q1 25 | $6.8B | $3.0B | ||
| Q4 24 | — | $3.1B | ||
| Q3 24 | $6.4B | $3.1B | ||
| Q2 24 | $6.2B | $3.0B | ||
| Q1 24 | $6.6B | $2.9B |
股东权益ESSNGL
| Q4 25 | $5.5B | — | ||
| Q3 25 | $5.6B | — | ||
| Q2 25 | $5.6B | — | ||
| Q1 25 | $5.6B | — | ||
| Q4 24 | $5.5B | — | ||
| Q3 24 | $5.4B | — | ||
| Q2 24 | $5.5B | — | ||
| Q1 24 | $5.5B | — |
总资产ESSNGL
| Q4 25 | $13.2B | $4.4B | ||
| Q3 25 | $13.2B | $4.3B | ||
| Q2 25 | $13.2B | $4.2B | ||
| Q1 25 | $13.2B | $4.6B | ||
| Q4 24 | $12.9B | $4.8B | ||
| Q3 24 | $12.6B | $4.9B | ||
| Q2 24 | $12.5B | $4.8B | ||
| Q1 24 | $12.9B | $5.0B |
负债/权益比ESSNGL
| Q4 25 | — | — | ||
| Q3 25 | 1.15× | — | ||
| Q2 25 | 1.14× | — | ||
| Q1 25 | 1.22× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.18× | — | ||
| Q2 24 | 1.13× | — | ||
| Q1 24 | 1.19× | — |
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 | $182.3M |
| 自由现金流经营现金流 - 资本支出 | — | $45.7M |
| 自由现金流率自由现金流/营收 | — | 5.0% |
| 资本支出强度资本支出/营收 | — | 15.0% |
| 现金转化率经营现金流/净利润 | 12.53× | 3.86× |
| 过去12个月自由现金流最近4个季度 | — | $126.7M |
8季度趋势，按日历期对齐
经营现金流ESSNGL
| Q4 25 | $1.1B | $182.3M | ||
| Q3 25 | $342.6M | $40.5M | ||
| Q2 25 | $216.1M | $33.2M | ||
| Q1 25 | $281.5M | $155.0M | ||
| Q4 24 | $1.1B | $153.8M | ||
| Q3 24 | $316.2M | $6.7M | ||
| Q2 24 | $218.9M | $-18.1M | ||
| Q1 24 | $314.9M | $152.2M |
自由现金流ESSNGL
| Q4 25 | — | $45.7M | ||
| Q3 25 | — | $9.5M | ||
| Q2 25 | — | $11.1M | ||
| Q1 25 | — | $60.4M | ||
| Q4 24 | — | $152.1M | ||
| Q3 24 | — | $-82.9M | ||
| Q2 24 | — | $-78.0M | ||
| Q1 24 | — | $119.8M |
自由现金流率ESSNGL
| Q4 25 | — | 5.0% | ||
| Q3 25 | — | 1.4% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 6.2% | ||
| Q4 24 | — | 15.5% | ||
| Q3 24 | — | -11.0% | ||
| Q2 24 | — | -10.3% | ||
| Q1 24 | — | 11.5% |
资本支出强度ESSNGL
| Q4 25 | — | 15.0% | ||
| Q3 25 | — | 4.6% | ||
| Q2 25 | — | 3.6% | ||
| Q1 25 | — | 9.7% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 11.8% | ||
| Q2 24 | — | 7.9% | ||
| Q1 24 | — | 3.1% |
现金转化率ESSNGL
| Q4 25 | 12.53× | 3.86× | ||
| Q3 25 | 1.98× | 1.38× | ||
| Q2 25 | 0.93× | 0.48× | ||
| Q1 25 | 1.32× | 11.29× | ||
| Q4 24 | 3.54× | 11.39× | ||
| Q3 24 | 2.52× | 2.74× | ||
| Q2 24 | 2.21× | -1.87× | ||
| Q1 24 | 1.10× | — |
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
NGL
| Water Solutions Segment | $208.6M | 23% |
| Services | $193.3M | 21% |
| Butane | $192.5M | 21% |
| Service Fees | $182.8M | 20% |
| Public Utilities Inventory Propane | $93.9M | 10% |
| Crude Oil | $23.3M | 3% |
| Crude Oil Transportation And Other | $6.5M | 1% |
| Liquids Logistics Segment | $2.5M | 0% |
| Crude Oil Logistics Segment | $1.2M | 0% |
