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Essex Property Trust（ESS）与Regency Centers（REG）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Regency Centers的1.2倍（$479.6M vs $404.2M），Regency Centers净利率更高（50.1% vs 17.9%，领先32.2%），Regency Centers同比增速更快（8.5% vs 5.5%），过去两年Essex Property Trust的营收复合增速更高（6.0% vs 5.4%）
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。
Regency Centers是总部位于美国佛罗里达州杰克逊维尔的房地产投资信托基金，也是以超市为核心租户的大型购物中心运营商之一。截至2020年10月21日，公司共持有415处物业，总建筑面积达5600万平方英尺，知名资产包括Serramonte Center及Village District 30%的股权。
ESS vs REG — 直观对比
营收规模更大
ESS
是对方的1.2倍
$404.2M
营收增速更快
REG
高出3.0%
5.5%
净利率更高
REG
高出32.2%
17.9%
两年增速更快
ESS
近两年复合增速
5.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $479.6M | $404.2M |
| 净利润 | $85.7M | $202.5M |
| 毛利率 | 70.0% | — |
| 营业利润率 | 31.7% | 71.0% |
| 净利率 | 17.9% | 50.1% |
| 营收同比 | 5.5% | 8.5% |
| 净利润同比 | -71.6% | 134.1% |
| 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ESSREG
| Q4 25 | $479.6M | $404.2M | ||
| Q3 25 | $473.3M | $387.6M | ||
| Q2 25 | $469.8M | $380.8M | ||
| Q1 25 | $464.6M | $380.9M | ||
| Q4 24 | $454.5M | $372.5M | ||
| Q3 24 | $450.7M | $360.3M | ||
| Q2 24 | $442.4M | $357.3M | ||
| Q1 24 | $426.9M | $363.9M |
净利润ESSREG
| Q4 25 | $85.7M | $202.5M | ||
| Q3 25 | $172.7M | $109.4M | ||
| Q2 25 | $231.5M | $106.0M | ||
| Q1 25 | $212.8M | $109.6M | ||
| Q4 24 | $301.7M | $86.5M | ||
| Q3 24 | $125.5M | $101.5M | ||
| Q2 24 | $99.0M | $102.7M | ||
| Q1 24 | $285.1M | $109.8M |
毛利率ESSREG
| 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ESSREG
| Q4 25 | 31.7% | 71.0% | ||
| Q3 25 | 44.5% | 72.7% | ||
| Q2 25 | 59.5% | 73.8% | ||
| Q1 25 | 55.3% | 71.8% | ||
| Q4 24 | 67.0% | 71.1% | ||
| Q3 24 | 28.6% | 72.5% | ||
| Q2 24 | 31.1% | 72.3% | ||
| Q1 24 | 31.0% | 72.3% |
净利率ESSREG
| Q4 25 | 17.9% | 50.1% | ||
| Q3 25 | 36.5% | 28.2% | ||
| Q2 25 | 49.3% | 27.8% | ||
| Q1 25 | 45.8% | 28.8% | ||
| Q4 24 | 66.4% | 23.2% | ||
| Q3 24 | 27.8% | 28.2% | ||
| Q2 24 | 22.4% | 28.7% | ||
| Q1 24 | 66.8% | 30.2% |
每股收益（稀释后）ESSREG
| 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 | — |
| 总债务越低越好 | — | $4.7B |
| 股东权益账面价值 | $5.5B | $6.9B |
| 总资产 | $13.2B | $13.0B |
| 负债/权益比越低杠杆越低 | — | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资ESSREG
| Q4 25 | $76.2M | — | ||
| Q3 25 | $66.0M | — | ||
| Q2 25 | $58.7M | — | ||
| Q1 25 | $98.7M | — | ||
| Q4 24 | $66.8M | — | ||
| Q3 24 | $71.3M | — | ||
| Q2 24 | $55.2M | — | ||
| Q1 24 | $499.0M | — |
总债务ESSREG
| Q4 25 | — | $4.7B | ||
| Q3 25 | $6.4B | $4.9B | ||
| Q2 25 | $6.4B | $4.8B | ||
| Q1 25 | $6.8B | $4.6B | ||
| Q4 24 | — | $4.4B | ||
| Q3 24 | $6.4B | $4.4B | ||
| Q2 24 | $6.2B | $4.4B | ||
| Q1 24 | $6.6B | $4.4B |
股东权益ESSREG
| Q4 25 | $5.5B | $6.9B | ||
| Q3 25 | $5.6B | $6.8B | ||
| Q2 25 | $5.6B | $6.7B | ||
| Q1 25 | $5.6B | $6.7B | ||
| Q4 24 | $5.5B | $6.7B | ||
| Q3 24 | $5.4B | $6.8B | ||
| Q2 24 | $5.5B | $6.8B | ||
| Q1 24 | $5.5B | $7.0B |
总资产ESSREG
| Q4 25 | $13.2B | $13.0B | ||
| Q3 25 | $13.2B | $13.1B | ||
| Q2 25 | $13.2B | $12.7B | ||
| Q1 25 | $13.2B | $12.6B | ||
| Q4 24 | $12.9B | $12.4B | ||
| Q3 24 | $12.6B | $12.4B | ||
| Q2 24 | $12.5B | $12.4B | ||
| Q1 24 | $12.9B | $12.7B |
负债/权益比ESSREG
| Q4 25 | — | 0.69× | ||
| Q3 25 | 1.15× | 0.72× | ||
| Q2 25 | 1.14× | 0.72× | ||
| Q1 25 | 1.22× | 0.69× | ||
| Q4 24 | — | 0.66× | ||
| Q3 24 | 1.18× | 0.65× | ||
| Q2 24 | 1.13× | 0.64× | ||
| Q1 24 | 1.19× | 0.63× |
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 | $203.9M |
| 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× | 1.01× |
| 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ESSREG
| Q4 25 | $1.1B | $203.9M | ||
| Q3 25 | $342.6M | $218.7M | ||
| Q2 25 | $216.1M | $244.0M | ||
| Q1 25 | $281.5M | $161.0M | ||
| Q4 24 | $1.1B | $191.4M | ||
| Q3 24 | $316.2M | $227.6M | ||
| Q2 24 | $218.9M | $203.5M | ||
| Q1 24 | $314.9M | $167.8M |
现金转化率ESSREG
| Q4 25 | 12.53× | 1.01× | ||
| Q3 25 | 1.98× | 2.00× | ||
| Q2 25 | 0.93× | 2.30× | ||
| Q1 25 | 1.32× | 1.47× | ||
| Q4 24 | 3.54× | 2.21× | ||
| Q3 24 | 2.52× | 2.24× | ||
| Q2 24 | 2.21× | 1.98× | ||
| Q1 24 | 1.10× | 1.53× |
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
REG
| Shopping Centers | $418.0M | 103% |
| Propertymanagementservices | $4.1M | 1% |
| Assetmanagementservices | $1.7M | 0% |
