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Essex Property Trust（ESS）与SPIRE INC（SR）财务数据对比。点击上方公司名可切换其他公司
SPIRE INC的季度营收约是Essex Property Trust的1.6倍（$762.2M vs $479.6M），Essex Property Trust净利率更高（17.9% vs 12.5%，领先5.4%），SPIRE INC同比增速更快（13.9% vs 5.5%），过去两年Essex Property Trust的营收复合增速更高（6.0% vs -17.8%）
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。
Spire Inc是总部位于美国密苏里州圣路易斯的区域公用事业控股公司，核心业务为受监管的天然气供应服务，同时布局非监管类业务拓展商业机会。旗下主要子公司Laclede Gas Company是密苏里州最大的天然气分销公用事业企业，为圣路易斯市及密苏里州东部10个县的约63.1万户住宅、商业及工业客户提供服务。
ESS vs SR — 直观对比
营收规模更大
SR
是对方的1.6倍
$479.6M
营收增速更快
SR
高出8.4%
5.5%
净利率更高
ESS
高出5.4%
12.5%
两年增速更快
ESS
近两年复合增速
-17.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $479.6M | $762.2M |
| 净利润 | $85.7M | $95.0M |
| 毛利率 | 70.0% | 55.1% |
| 营业利润率 | 31.7% | 22.8% |
| 净利率 | 17.9% | 12.5% |
| 营收同比 | 5.5% | 13.9% |
| 净利润同比 | -71.6% | 16.9% |
| 每股收益（稀释后） | $1.24 | $1.54 |
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ESSSR
| Q4 25 | $479.6M | $762.2M | ||
| Q3 25 | $473.3M | $334.1M | ||
| Q2 25 | $469.8M | $421.9M | ||
| Q1 25 | $464.6M | $1.1B | ||
| Q4 24 | $454.5M | $669.1M | ||
| Q3 24 | $450.7M | $293.8M | ||
| Q2 24 | $442.4M | $414.1M | ||
| Q1 24 | $426.9M | $1.1B |
净利润ESSSR
| Q4 25 | $85.7M | $95.0M | ||
| Q3 25 | $172.7M | $-39.8M | ||
| Q2 25 | $231.5M | $20.9M | ||
| Q1 25 | $212.8M | $209.3M | ||
| Q4 24 | $301.7M | $81.3M | ||
| Q3 24 | $125.5M | $-25.9M | ||
| Q2 24 | $99.0M | $-12.6M | ||
| Q1 24 | $285.1M | $204.3M |
毛利率ESSSR
| Q4 25 | 70.0% | 55.1% | ||
| Q3 25 | 69.2% | — | ||
| Q2 25 | 70.7% | — | ||
| Q1 25 | 69.6% | — | ||
| Q4 24 | 70.0% | 55.6% | ||
| Q3 24 | 69.5% | — | ||
| Q2 24 | 70.8% | — | ||
| Q1 24 | 69.7% | — |
营业利润率ESSSR
| Q4 25 | 31.7% | 22.8% | ||
| Q3 25 | 44.5% | -0.1% | ||
| Q2 25 | 59.5% | 16.4% | ||
| Q1 25 | 55.3% | 29.1% | ||
| Q4 24 | 67.0% | 22.2% | ||
| Q3 24 | 28.6% | 6.7% | ||
| Q2 24 | 31.1% | 7.4% | ||
| Q1 24 | 31.0% | 26.5% |
净利率ESSSR
| Q4 25 | 17.9% | 12.5% | ||
| Q3 25 | 36.5% | -11.9% | ||
| Q2 25 | 49.3% | 5.0% | ||
| Q1 25 | 45.8% | 19.9% | ||
| Q4 24 | 66.4% | 12.2% | ||
| Q3 24 | 27.8% | -8.8% | ||
| Q2 24 | 22.4% | -3.0% | ||
| Q1 24 | 66.8% | 18.1% |
每股收益（稀释后）ESSSR
| Q4 25 | $1.24 | $1.54 | ||
| Q3 25 | $2.56 | $-0.77 | ||
| Q2 25 | $3.44 | $0.29 | ||
| Q1 25 | $3.16 | $3.51 | ||
| Q4 24 | $4.00 | $1.34 | ||
| Q3 24 | $1.84 | $-0.63 | ||
| Q2 24 | $1.45 | $-0.28 | ||
| Q1 24 | $4.25 | $3.58 |
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 | $4.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.5B | $3.4B |
| 总资产 | $13.2B | $11.9B |
| 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ESSSR
| Q4 25 | $76.2M | $4.1M | ||
| Q3 25 | $66.0M | $5.7M | ||
| Q2 25 | $58.7M | $13.1M | ||
| Q1 25 | $98.7M | $15.2M | ||
| Q4 24 | $66.8M | $11.5M | ||
| Q3 24 | $71.3M | $4.5M | ||
| Q2 24 | $55.2M | $7.4M | ||
| Q1 24 | $499.0M | $25.6M |
总债务ESSSR
| Q4 25 | — | — | ||
| Q3 25 | $6.4B | — | ||
| Q2 25 | $6.4B | — | ||
| Q1 25 | $6.8B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $6.4B | — | ||
| Q2 24 | $6.2B | — | ||
| Q1 24 | $6.6B | — |
股东权益ESSSR
| Q4 25 | $5.5B | $3.4B | ||
| Q3 25 | $5.6B | $3.4B | ||
| Q2 25 | $5.6B | $3.5B | ||
| Q1 25 | $5.6B | $3.5B | ||
| Q4 24 | $5.5B | $3.3B | ||
| Q3 24 | $5.4B | $3.2B | ||
| Q2 24 | $5.5B | $3.3B | ||
| Q1 24 | $5.5B | $3.4B |
总资产ESSSR
| Q4 25 | $13.2B | $11.9B | ||
| Q3 25 | $13.2B | $11.6B | ||
| Q2 25 | $13.2B | $11.4B | ||
| Q1 25 | $13.2B | $11.3B | ||
| Q4 24 | $12.9B | $11.3B | ||
| Q3 24 | $12.6B | $10.9B | ||
| Q2 24 | $12.5B | $10.7B | ||
| Q1 24 | $12.9B | $10.7B |
负债/权益比ESSSR
| 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 | $81.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-121.8M |
| 自由现金流率自由现金流/营收 | — | -16.0% |
| 资本支出强度资本支出/营收 | — | 26.6% |
| 现金转化率经营现金流/净利润 | 12.53× | 0.85× |
| 过去12个月自由现金流最近4个季度 | — | $-286.7M |
8季度趋势，按日历期对齐
经营现金流ESSSR
| Q4 25 | $1.1B | $81.0M | ||
| Q3 25 | $342.6M | $-4.9M | ||
| Q2 25 | $216.1M | $129.1M | ||
| Q1 25 | $281.5M | $372.7M | ||
| Q4 24 | $1.1B | $81.1M | ||
| Q3 24 | $316.2M | $82.9M | ||
| Q2 24 | $218.9M | $270.1M | ||
| Q1 24 | $314.9M | $489.4M |
自由现金流ESSSR
| Q4 25 | — | $-121.8M | ||
| Q3 25 | — | $-227.6M | ||
| Q2 25 | — | $-91.4M | ||
| Q1 25 | — | $154.1M | ||
| Q4 24 | — | $-179.5M | ||
| Q3 24 | — | $-146.9M | ||
| Q2 24 | — | $47.9M | ||
| Q1 24 | — | $306.6M |
自由现金流率ESSSR
| Q4 25 | — | -16.0% | ||
| Q3 25 | — | -68.1% | ||
| Q2 25 | — | -21.7% | ||
| Q1 25 | — | 14.7% | ||
| Q4 24 | — | -26.8% | ||
| Q3 24 | — | -50.0% | ||
| Q2 24 | — | 11.6% | ||
| Q1 24 | — | 27.2% |
资本支出强度ESSSR
| Q4 25 | — | 26.6% | ||
| Q3 25 | — | 66.7% | ||
| Q2 25 | — | 52.3% | ||
| Q1 25 | — | 20.8% | ||
| Q4 24 | — | 38.9% | ||
| Q3 24 | — | 78.2% | ||
| Q2 24 | — | 53.7% | ||
| Q1 24 | — | 16.2% |
现金转化率ESSSR
| Q4 25 | 12.53× | 0.85× | ||
| Q3 25 | 1.98× | — | ||
| Q2 25 | 0.93× | 6.18× | ||
| Q1 25 | 1.32× | 1.78× | ||
| Q4 24 | 3.54× | 1.00× | ||
| Q3 24 | 2.52× | — | ||
| Q2 24 | 2.21× | — | ||
| Q1 24 | 1.10× | 2.40× |
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
SR
| Residential | $474.9M | 62% |
| Commercial And Industrial | $148.4M | 19% |
| Gas Marketing | $41.1M | 5% |
| Midstream | $39.0M | 5% |
| Transportation | $37.1M | 5% |
| Offsystem And Other Inventive | $19.7M | 3% |
| Other Customer Revenue | $4.6M | 1% |
