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Essex Property Trust（ESS）与RAYONIER INC（RYN）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RAYONIER INC的1.7倍（$479.6M vs $276.8M），Essex Property Trust净利率更高（17.9% vs -4.5%，领先22.4%），RAYONIER INC同比增速更快（233.9% vs 5.5%），过去两年RAYONIER INC的营收复合增速更高（66.7% 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。
Rayonier Inc.是总部位于佛罗里达州怀尔德莱特的林地房地产投资信托（REIT），资产分布在美国和新西兰的软木种植区域，核心业务板块为木材业务与房地产业务。
ESS vs RYN — 直观对比
营收规模更大
ESS
是对方的1.7倍
$276.8M
营收增速更快
RYN
高出228.4%
5.5%
净利率更高
ESS
高出22.4%
-4.5%
两年增速更快
RYN
近两年复合增速
6.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $479.6M | $276.8M |
| 净利润 | $85.7M | $-12.4M |
| 毛利率 | 70.0% | 100.0% |
| 营业利润率 | 31.7% | — |
| 净利率 | 17.9% | -4.5% |
| 营收同比 | 5.5% | 233.9% |
| 净利润同比 | -71.6% | -264.7% |
| 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ESSRYN
| Q1 26 | — | $276.8M | ||
| Q4 25 | $479.6M | $117.5M | ||
| Q3 25 | $473.3M | $177.5M | ||
| Q2 25 | $469.8M | $106.5M | ||
| Q1 25 | $464.6M | $82.9M | ||
| Q4 24 | $454.5M | $650.5M | ||
| Q3 24 | $450.7M | $124.1M | ||
| Q2 24 | $442.4M | $99.6M |
净利润ESSRYN
| Q1 26 | — | $-12.4M | ||
| Q4 25 | $85.7M | $25.9M | ||
| Q3 25 | $172.7M | $43.2M | ||
| Q2 25 | $231.5M | $408.7M | ||
| Q1 25 | $212.8M | $-3.4M | ||
| Q4 24 | $301.7M | $327.1M | ||
| Q3 24 | $125.5M | $28.8M | ||
| Q2 24 | $99.0M | $1.9M |
毛利率ESSRYN
| Q1 26 | — | 100.0% | ||
| Q4 25 | 70.0% | 41.9% | ||
| Q3 25 | 69.2% | 32.9% | ||
| Q2 25 | 70.7% | 29.7% | ||
| Q1 25 | 69.6% | 21.7% | ||
| Q4 24 | 70.0% | 53.8% | ||
| Q3 24 | 69.5% | 30.4% | ||
| Q2 24 | 70.8% | 25.4% |
营业利润率ESSRYN
| Q1 26 | — | — | ||
| Q4 25 | 31.7% | 23.0% | ||
| Q3 25 | 44.5% | 23.5% | ||
| Q2 25 | 59.5% | 13.7% | ||
| Q1 25 | 55.3% | 0.1% | ||
| Q4 24 | 67.0% | 47.7% | ||
| Q3 24 | 28.6% | 15.2% | ||
| Q2 24 | 31.1% | 4.6% |
净利率ESSRYN
| Q1 26 | — | -4.5% | ||
| Q4 25 | 17.9% | 22.1% | ||
| Q3 25 | 36.5% | 24.3% | ||
| Q2 25 | 49.3% | 383.6% | ||
| Q1 25 | 45.8% | -4.1% | ||
| Q4 24 | 66.4% | 45.1% | ||
| Q3 24 | 27.8% | 23.2% | ||
| Q2 24 | 22.4% | 1.9% |
每股收益（稀释后）ESSRYN
| Q1 26 | — | — | ||
| Q4 25 | $1.24 | $0.14 | ||
| Q3 25 | $2.56 | $0.28 | ||
| Q2 25 | $3.44 | $2.63 | ||
| Q1 25 | $3.16 | $-0.02 | ||
| Q4 24 | $4.00 | $2.18 | ||
| Q3 24 | $1.84 | $0.19 | ||
| Q2 24 | $1.45 | $0.01 |
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 | $681.7M |
| 总债务越低越好 | — | $2.1B |
| 股东权益账面价值 | $5.5B | $5.3B |
| 总资产 | $13.2B | $7.7B |
| 负债/权益比越低杠杆越低 | — | 0.39× |
8季度趋势，按日历期对齐
现金及短期投资ESSRYN
| Q1 26 | — | $681.7M | ||
| Q4 25 | $76.2M | $842.9M | ||
| Q3 25 | $66.0M | $919.6M | ||
| Q2 25 | $58.7M | $892.3M | ||
| Q1 25 | $98.7M | $216.2M | ||
| Q4 24 | $66.8M | $303.1M | ||
| Q3 24 | $71.3M | $51.9M | ||
| Q2 24 | $55.2M | $120.2M |
总债务ESSRYN
| Q1 26 | — | $2.1B | ||
| Q4 25 | — | $845.3M | ||
| Q3 25 | $6.4B | $845.1M | ||
| Q2 25 | $6.4B | $844.9M | ||
| Q1 25 | $6.8B | $1.0B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | $6.4B | $1.3B | ||
| Q2 24 | $6.2B | $1.4B |
股东权益ESSRYN
| Q1 26 | — | $5.3B | ||
| Q4 25 | $5.5B | $2.2B | ||
| Q3 25 | $5.6B | $2.3B | ||
| Q2 25 | $5.6B | $2.3B | ||
| Q1 25 | $5.6B | $1.9B | ||
| Q4 24 | $5.5B | $1.8B | ||
| Q3 24 | $5.4B | $1.8B | ||
| Q2 24 | $5.5B | $1.8B |
总资产ESSRYN
| Q1 26 | — | $7.7B | ||
| Q4 25 | $13.2B | $3.4B | ||
| Q3 25 | $13.2B | $3.5B | ||
| Q2 25 | $13.2B | $3.5B | ||
| Q1 25 | $13.2B | $3.4B | ||
| Q4 24 | $12.9B | $3.5B | ||
| Q3 24 | $12.6B | $3.5B | ||
| Q2 24 | $12.5B | $3.5B |
负债/权益比ESSRYN
| Q1 26 | — | 0.39× | ||
| Q4 25 | — | 0.38× | ||
| Q3 25 | 1.15× | 0.37× | ||
| Q2 25 | 1.14× | 0.37× | ||
| Q1 25 | 1.22× | 0.55× | ||
| Q4 24 | — | 0.59× | ||
| Q3 24 | 1.18× | 0.72× | ||
| Q2 24 | 1.13× | 0.75× |
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 | — | 7.4% |
| 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ESSRYN
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $256.7M | ||
| Q3 25 | $342.6M | $116.2M | ||
| Q2 25 | $216.1M | $61.0M | ||
| Q1 25 | $281.5M | $27.7M | ||
| Q4 24 | $1.1B | $261.6M | ||
| Q3 24 | $316.2M | $66.2M | ||
| Q2 24 | $218.9M | $55.3M |
自由现金流ESSRYN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $99.9M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $42.2M | ||
| Q2 24 | — | — |
自由现金流率ESSRYN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 56.3% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 34.0% | ||
| Q2 24 | — | — |
资本支出强度ESSRYN
| Q1 26 | — | 7.4% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 9.2% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 19.3% | ||
| Q2 24 | — | — |
现金转化率ESSRYN
| Q1 26 | — | — | ||
| Q4 25 | 12.53× | 9.91× | ||
| Q3 25 | 1.98× | 2.69× | ||
| Q2 25 | 0.93× | 0.15× | ||
| Q1 25 | 1.32× | — | ||
| Q4 24 | 3.54× | 0.80× | ||
| Q3 24 | 2.52× | 2.30× | ||
| Q2 24 | 2.21× | 29.07× |
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
RYN
| Wood Products | $108.5M | 39% |
| Southern Timber | $88.7M | 32% |
| Real Estate | $59.8M | 22% |
| Northwest Timber | $32.1M | 12% |
