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Essex Property Trust（ESS）与Upstart Holdings, Inc.（UPST）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Upstart Holdings, Inc.的1.6倍（$479.6M vs $296.1M），Essex Property Trust净利率更高（17.9% vs 6.3%，领先11.6%），Upstart Holdings, Inc.同比增速更快（35.2% vs 5.5%），过去两年Upstart Holdings, Inc.的营收复合增速更高（52.2% 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。
Upstart是一家AI信贷平台服务商，与银行及信用合作社合作，将教育背景、就业情况等非传统指标纳入信用评估模型，更精准地预测借款人的信用状况，为用户提供消费贷款服务，助力金融机构提升信贷效率、扩大服务覆盖范围。
ESS vs UPST — 直观对比
营收规模更大
ESS
是对方的1.6倍
$296.1M
营收增速更快
UPST
高出29.7%
5.5%
净利率更高
ESS
高出11.6%
6.3%
两年增速更快
UPST
近两年复合增速
6.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $479.6M | $296.1M |
| 净利润 | $85.7M | $18.6M |
| 毛利率 | 70.0% | — |
| 营业利润率 | 31.7% | 6.4% |
| 净利率 | 17.9% | 6.3% |
| 营收同比 | 5.5% | 35.2% |
| 净利润同比 | -71.6% | 776.4% |
| 每股收益（稀释后） | $1.24 | $0.20 |
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ESSUPST
| Q4 25 | $479.6M | $296.1M | ||
| Q3 25 | $473.3M | $277.1M | ||
| Q2 25 | $469.8M | $257.3M | ||
| Q1 25 | $464.6M | $213.4M | ||
| Q4 24 | $454.5M | $219.0M | ||
| Q3 24 | $450.7M | $162.1M | ||
| Q2 24 | $442.4M | $127.6M | ||
| Q1 24 | $426.9M | $127.8M |
净利润ESSUPST
| Q4 25 | $85.7M | $18.6M | ||
| Q3 25 | $172.7M | $31.8M | ||
| Q2 25 | $231.5M | $5.6M | ||
| Q1 25 | $212.8M | $-2.4M | ||
| Q4 24 | $301.7M | $-2.8M | ||
| Q3 24 | $125.5M | $-6.8M | ||
| Q2 24 | $99.0M | $-54.5M | ||
| Q1 24 | $285.1M | $-64.6M |
毛利率ESSUPST
| 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ESSUPST
| Q4 25 | 31.7% | 6.4% | ||
| Q3 25 | 44.5% | 8.5% | ||
| Q2 25 | 59.5% | 1.8% | ||
| Q1 25 | 55.3% | -2.1% | ||
| Q4 24 | 67.0% | -2.2% | ||
| Q3 24 | 28.6% | -27.8% | ||
| Q2 24 | 31.1% | -43.5% | ||
| Q1 24 | 31.0% | -52.8% |
净利率ESSUPST
| Q4 25 | 17.9% | 6.3% | ||
| Q3 25 | 36.5% | 11.5% | ||
| Q2 25 | 49.3% | 2.2% | ||
| Q1 25 | 45.8% | -1.1% | ||
| Q4 24 | 66.4% | -1.3% | ||
| Q3 24 | 27.8% | -4.2% | ||
| Q2 24 | 22.4% | -42.7% | ||
| Q1 24 | 66.8% | -50.5% |
每股收益（稀释后）ESSUPST
| Q4 25 | $1.24 | $0.20 | ||
| Q3 25 | $2.56 | $0.23 | ||
| Q2 25 | $3.44 | $0.05 | ||
| Q1 25 | $3.16 | $-0.03 | ||
| Q4 24 | $4.00 | $-0.01 | ||
| Q3 24 | $1.84 | $-0.07 | ||
| Q2 24 | $1.45 | $-0.62 | ||
| Q1 24 | $4.25 | $-0.74 |
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 | $652.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.5B | $798.8M |
| 总资产 | $13.2B | $3.0B |
| 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ESSUPST
| Q4 25 | $76.2M | $652.4M | ||
| Q3 25 | $66.0M | $489.8M | ||
| Q2 25 | $58.7M | $395.9M | ||
| Q1 25 | $98.7M | $599.8M | ||
| Q4 24 | $66.8M | $788.4M | ||
| Q3 24 | $71.3M | — | ||
| Q2 24 | $55.2M | — | ||
| Q1 24 | $499.0M | — |
总债务ESSUPST
| 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ESSUPST
| Q4 25 | $5.5B | $798.8M | ||
| Q3 25 | $5.6B | $743.7M | ||
| Q2 25 | $5.6B | $722.0M | ||
| Q1 25 | $5.6B | $676.6M | ||
| Q4 24 | $5.5B | $633.2M | ||
| Q3 24 | $5.4B | $595.5M | ||
| Q2 24 | $5.5B | $594.7M | ||
| Q1 24 | $5.5B | $612.8M |
总资产ESSUPST
| Q4 25 | $13.2B | $3.0B | ||
| Q3 25 | $13.2B | $2.9B | ||
| Q2 25 | $13.2B | $2.5B | ||
| Q1 25 | $13.2B | $2.3B | ||
| Q4 24 | $12.9B | $2.4B | ||
| Q3 24 | $12.6B | $1.8B | ||
| Q2 24 | $12.5B | $1.8B | ||
| Q1 24 | $12.9B | $1.9B |
负债/权益比ESSUPST
| 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 | $108.6M |
| 自由现金流经营现金流 - 资本支出 | — | $108.4M |
| 自由现金流率自由现金流/营收 | — | 36.6% |
| 资本支出强度资本支出/营收 | — | 0.1% |
| 现金转化率经营现金流/净利润 | 12.53× | 5.82× |
| 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ESSUPST
| Q4 25 | $1.1B | $108.6M | ||
| Q3 25 | $342.6M | $-122.6M | ||
| Q2 25 | $216.1M | $-120.2M | ||
| Q1 25 | $281.5M | $-13.5M | ||
| Q4 24 | $1.1B | $-110.9M | ||
| Q3 24 | $316.2M | $179.3M | ||
| Q2 24 | $218.9M | $65.3M | ||
| Q1 24 | $314.9M | $52.6M |
自由现金流ESSUPST
| Q4 25 | — | $108.4M | ||
| Q3 25 | — | $-122.7M | ||
| Q2 25 | — | $-120.3M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $179.2M | ||
| Q2 24 | — | $65.3M | ||
| Q1 24 | — | $51.9M |
自由现金流率ESSUPST
| Q4 25 | — | 36.6% | ||
| Q3 25 | — | -44.3% | ||
| Q2 25 | — | -46.7% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 110.5% | ||
| Q2 24 | — | 51.1% | ||
| Q1 24 | — | 40.6% |
资本支出强度ESSUPST
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | 0.5% |
现金转化率ESSUPST
| Q4 25 | 12.53× | 5.82× | ||
| Q3 25 | 1.98× | -3.86× | ||
| Q2 25 | 0.93× | -21.43× | ||
| Q1 25 | 1.32× | — | ||
| Q4 24 | 3.54× | — | ||
| Q3 24 | 2.52× | — | ||
| Q2 24 | 2.21× | — | ||
| 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
UPST
| Personal Lending Segment | $201.4M | 68% |
| Servicing Fees Net | $39.5M | 13% |
| Servicing Fees | $27.5M | 9% |
| Other | $15.7M | 5% |
| Borrower Fees | $8.4M | 3% |
| Collection Agency Fees | $3.5M | 1% |
