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Essex Property Trust（ESS）与SUBURBAN PROPANE PARTNERS LP（SPH）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SUBURBAN PROPANE PARTNERS LP的1.3倍（$479.6M vs $370.4M），Essex Property Trust净利率更高（17.9% vs 12.4%，领先5.5%），Essex Property Trust同比增速更快（5.5% vs -0.8%），过去两年Essex Property Trust的营收复合增速更高（6.0% vs -13.8%）
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。
Suburban Propane Partners LP是美国领先的丙烷、天然气、取暖油及相关能源产品分销商，服务覆盖住宅、商业、工业、农业等各类客户，同时提供暖通空调系统的安装、维护与维修服务，业务范围遍布全美。
ESS vs SPH — 直观对比
营收规模更大
ESS
是对方的1.3倍
$370.4M
营收增速更快
ESS
高出6.3%
-0.8%
净利率更高
ESS
高出5.5%
12.4%
两年增速更快
ESS
近两年复合增速
-13.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $479.6M | $370.4M |
| 净利润 | $85.7M | $45.8M |
| 毛利率 | 70.0% | 64.7% |
| 营业利润率 | 31.7% | 18.3% |
| 净利率 | 17.9% | 12.4% |
| 营收同比 | 5.5% | -0.8% |
| 净利润同比 | -71.6% | 135.7% |
| 每股收益（稀释后） | $1.24 | $0.69 |
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ESSSPH
| Q4 25 | $479.6M | $370.4M | ||
| Q3 25 | $473.3M | $211.4M | ||
| Q2 25 | $469.8M | $260.1M | ||
| Q1 25 | $464.6M | $587.7M | ||
| Q4 24 | $454.5M | $373.3M | ||
| Q3 24 | $450.7M | $208.6M | ||
| Q2 24 | $442.4M | $254.6M | ||
| Q1 24 | $426.9M | $498.1M |
净利润ESSSPH
| Q4 25 | $85.7M | $45.8M | ||
| Q3 25 | $172.7M | $-35.1M | ||
| Q2 25 | $231.5M | $-14.8M | ||
| Q1 25 | $212.8M | $137.1M | ||
| Q4 24 | $301.7M | $19.4M | ||
| Q3 24 | $125.5M | $-44.6M | ||
| Q2 24 | $99.0M | $-17.2M | ||
| Q1 24 | $285.1M | $111.5M |
毛利率ESSSPH
| Q4 25 | 70.0% | 64.7% | ||
| Q3 25 | 69.2% | 64.7% | ||
| Q2 25 | 70.7% | 61.7% | ||
| Q1 25 | 69.6% | 58.8% | ||
| Q4 24 | 70.0% | 60.6% | ||
| Q3 24 | 69.5% | 59.4% | ||
| Q2 24 | 70.8% | 62.9% | ||
| Q1 24 | 69.7% | 61.8% |
营业利润率ESSSPH
| Q4 25 | 31.7% | 18.3% | ||
| Q3 25 | 44.5% | -7.9% | ||
| Q2 25 | 59.5% | 2.1% | ||
| Q1 25 | 55.3% | 27.0% | ||
| Q4 24 | 67.0% | 15.8% | ||
| Q3 24 | 28.6% | -10.8% | ||
| Q2 24 | 31.1% | 3.2% | ||
| Q1 24 | 31.0% | 27.5% |
净利率ESSSPH
| Q4 25 | 17.9% | 12.4% | ||
| Q3 25 | 36.5% | -16.6% | ||
| Q2 25 | 49.3% | -5.7% | ||
| Q1 25 | 45.8% | 23.3% | ||
| Q4 24 | 66.4% | 5.2% | ||
| Q3 24 | 27.8% | -21.4% | ||
| Q2 24 | 22.4% | -6.8% | ||
| Q1 24 | 66.8% | 22.4% |
每股收益（稀释后）ESSSPH
| Q4 25 | $1.24 | $0.69 | ||
| Q3 25 | $2.56 | $-0.55 | ||
| Q2 25 | $3.44 | $-0.23 | ||
| Q1 25 | $3.16 | $2.10 | ||
| Q4 24 | $4.00 | $0.30 | ||
| Q3 24 | $1.84 | $-0.69 | ||
| Q2 24 | $1.45 | $-0.27 | ||
| Q1 24 | $4.25 | $1.72 |
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 | $1.3M |
| 总债务越低越好 | — | $1.3B |
| 股东权益账面价值 | $5.5B | — |
| 总资产 | $13.2B | $2.4B |
| 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ESSSPH
| Q4 25 | $76.2M | $1.3M | ||
| Q3 25 | $66.0M | $405.0K | ||
| Q2 25 | $58.7M | $1.3M | ||
| Q1 25 | $98.7M | $3.9M | ||
| Q4 24 | $66.8M | $4.4M | ||
| Q3 24 | $71.3M | $3.2M | ||
| Q2 24 | $55.2M | $4.9M | ||
| Q1 24 | $499.0M | $4.4M |
总债务ESSSPH
| Q4 25 | — | $1.3B | ||
| Q3 25 | $6.4B | $1.2B | ||
| Q2 25 | $6.4B | $1.2B | ||
| Q1 25 | $6.8B | $1.3B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | $6.4B | $1.2B | ||
| Q2 24 | $6.2B | $1.2B | ||
| Q1 24 | $6.6B | $1.2B |
股东权益ESSSPH
| 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ESSSPH
| Q4 25 | $13.2B | $2.4B | ||
| Q3 25 | $13.2B | $2.3B | ||
| Q2 25 | $13.2B | $2.3B | ||
| Q1 25 | $13.2B | $2.4B | ||
| Q4 24 | $12.9B | $2.4B | ||
| Q3 24 | $12.6B | $2.3B | ||
| Q2 24 | $12.5B | $2.3B | ||
| Q1 24 | $12.9B | $2.3B |
负债/权益比ESSSPH
| 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 | $-47.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-67.5M |
| 自由现金流率自由现金流/营收 | — | -18.2% |
| 资本支出强度资本支出/营收 | — | 5.3% |
| 现金转化率经营现金流/净利润 | 12.53× | -1.04× |
| 过去12个月自由现金流最近4个季度 | — | $61.9M |
8季度趋势，按日历期对齐
经营现金流ESSSPH
| Q4 25 | $1.1B | $-47.7M | ||
| Q3 25 | $342.6M | $41.8M | ||
| Q2 25 | $216.1M | $95.5M | ||
| Q1 25 | $281.5M | $40.1M | ||
| Q4 24 | $1.1B | $8.8M | ||
| Q3 24 | $316.2M | $36.8M | ||
| Q2 24 | $218.9M | $61.4M | ||
| Q1 24 | $314.9M | $75.1M |
自由现金流ESSSPH
| Q4 25 | — | $-67.5M | ||
| Q3 25 | — | $27.7M | ||
| Q2 25 | — | $80.9M | ||
| Q1 25 | — | $20.8M | ||
| Q4 24 | — | $-15.1M | ||
| Q3 24 | — | $17.7M | ||
| Q2 24 | — | $46.8M | ||
| Q1 24 | — | $60.6M |
自由现金流率ESSSPH
| Q4 25 | — | -18.2% | ||
| Q3 25 | — | 13.1% | ||
| Q2 25 | — | 31.1% | ||
| Q1 25 | — | 3.5% | ||
| Q4 24 | — | -4.0% | ||
| Q3 24 | — | 8.5% | ||
| Q2 24 | — | 18.4% | ||
| Q1 24 | — | 12.2% |
资本支出强度ESSSPH
| Q4 25 | — | 5.3% | ||
| Q3 25 | — | 6.7% | ||
| Q2 25 | — | 5.6% | ||
| Q1 25 | — | 3.3% | ||
| Q4 24 | — | 6.4% | ||
| Q3 24 | — | 9.1% | ||
| Q2 24 | — | 5.8% | ||
| Q1 24 | — | 2.9% |
现金转化率ESSSPH
| Q4 25 | 12.53× | -1.04× | ||
| Q3 25 | 1.98× | — | ||
| Q2 25 | 0.93× | — | ||
| Q1 25 | 1.32× | 0.29× | ||
| Q4 24 | 3.54× | 0.45× | ||
| Q3 24 | 2.52× | — | ||
| Q2 24 | 2.21× | — | ||
| Q1 24 | 1.10× | 0.67× |
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
SPH
| Propane | $326.4M | 88% |
| Other Sales Revenue Net | $19.9M | 5% |
| Fuel Oil And Refined Fuels | $18.2M | 5% |
| Natural Gas And Electricity | $5.9M | 2% |
| Wholesale | $4.1M | 1% |
