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Essex Property Trust（ESS）与Walker & Dunlop, Inc.（WD）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Walker & Dunlop, Inc.的1.4倍（$479.6M vs $340.0M），Essex Property Trust净利率更高（17.9% vs -12.9%，领先30.8%），Essex Property Trust同比增速更快（5.5% vs -0.4%），过去两年Walker & Dunlop, Inc.的营收复合增速更高（22.1% 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。
Walker & Dunlop, Inc.是美国乃至全球规模领先的商业地产金融与咨询服务机构，为客户提供覆盖商业地产领域的多元金融解决方案及专业咨询服务，业务辐射全球多个市场，在行业内拥有深厚的资源积累与广泛的市场认可度。
ESS vs WD — 直观对比
营收规模更大
ESS
是对方的1.4倍
$340.0M
营收增速更快
ESS
高出6.0%
-0.4%
净利率更高
ESS
高出30.8%
-12.9%
两年增速更快
WD
近两年复合增速
6.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $479.6M | $340.0M |
| 净利润 | $85.7M | $-13.9M |
| 毛利率 | 70.0% | — |
| 营业利润率 | 31.7% | -17.2% |
| 净利率 | 17.9% | -12.9% |
| 营收同比 | 5.5% | -0.4% |
| 净利润同比 | -71.6% | -131.0% |
| 每股收益（稀释后） | $1.24 | $-0.41 |
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ESSWD
| Q4 25 | $479.6M | $340.0M | ||
| Q3 25 | $473.3M | $337.7M | ||
| Q2 25 | $469.8M | $319.2M | ||
| Q1 25 | $464.6M | $237.4M | ||
| Q4 24 | $454.5M | $341.5M | ||
| Q3 24 | $450.7M | $292.3M | ||
| Q2 24 | $442.4M | $270.7M | ||
| Q1 24 | $426.9M | $228.1M |
净利润ESSWD
| Q4 25 | $85.7M | $-13.9M | ||
| Q3 25 | $172.7M | $33.5M | ||
| Q2 25 | $231.5M | $34.0M | ||
| Q1 25 | $212.8M | $2.8M | ||
| Q4 24 | $301.7M | $44.8M | ||
| Q3 24 | $125.5M | $28.8M | ||
| Q2 24 | $99.0M | $22.7M | ||
| Q1 24 | $285.1M | $11.9M |
毛利率ESSWD
| 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ESSWD
| Q4 25 | 31.7% | -17.2% | ||
| Q3 25 | 44.5% | 13.6% | ||
| Q2 25 | 59.5% | 14.5% | ||
| Q1 25 | 55.3% | 2.2% | ||
| Q4 24 | 67.0% | 15.3% | ||
| Q3 24 | 28.6% | 12.8% | ||
| Q2 24 | 31.1% | 10.4% | ||
| Q1 24 | 31.0% | 6.0% |
净利率ESSWD
| Q4 25 | 17.9% | -12.9% | ||
| Q3 25 | 36.5% | 9.9% | ||
| Q2 25 | 49.3% | 10.6% | ||
| Q1 25 | 45.8% | 1.2% | ||
| Q4 24 | 66.4% | 13.1% | ||
| Q3 24 | 27.8% | 9.9% | ||
| Q2 24 | 22.4% | 8.4% | ||
| Q1 24 | 66.8% | 5.2% |
每股收益（稀释后）ESSWD
| Q4 25 | $1.24 | $-0.41 | ||
| Q3 25 | $2.56 | $0.98 | ||
| Q2 25 | $3.44 | $0.99 | ||
| Q1 25 | $3.16 | $0.08 | ||
| Q4 24 | $4.00 | $1.32 | ||
| Q3 24 | $1.84 | $0.85 | ||
| Q2 24 | $1.45 | $0.67 | ||
| Q1 24 | $4.25 | $0.35 |
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 | $299.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.5B | $1.7B |
| 总资产 | $13.2B | $5.1B |
| 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ESSWD
| Q4 25 | $76.2M | $299.3M | ||
| Q3 25 | $66.0M | $274.8M | ||
| Q2 25 | $58.7M | $233.7M | ||
| Q1 25 | $98.7M | $181.0M | ||
| Q4 24 | $66.8M | $279.3M | ||
| Q3 24 | $71.3M | $179.8M | ||
| Q2 24 | $55.2M | $208.1M | ||
| Q1 24 | $499.0M | $216.5M |
总债务ESSWD
| 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ESSWD
| Q4 25 | $5.5B | $1.7B | ||
| Q3 25 | $5.6B | $1.8B | ||
| Q2 25 | $5.6B | $1.8B | ||
| Q1 25 | $5.6B | $1.7B | ||
| Q4 24 | $5.5B | $1.7B | ||
| Q3 24 | $5.4B | $1.7B | ||
| Q2 24 | $5.5B | $1.7B | ||
| Q1 24 | $5.5B | $1.7B |
总资产ESSWD
| Q4 25 | $13.2B | $5.1B | ||
| Q3 25 | $13.2B | $5.8B | ||
| Q2 25 | $13.2B | $4.7B | ||
| Q1 25 | $13.2B | $4.5B | ||
| Q4 24 | $12.9B | $4.4B | ||
| Q3 24 | $12.6B | $4.6B | ||
| Q2 24 | $12.5B | $4.2B | ||
| Q1 24 | $12.9B | $3.8B |
负债/权益比ESSWD
| 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 | $-664.3M |
| 自由现金流经营现金流 - 资本支出 | — | $-680.1M |
| 自由现金流率自由现金流/营收 | — | -200.0% |
| 资本支出强度资本支出/营收 | — | 4.6% |
| 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 | — | $-2.2B |
8季度趋势，按日历期对齐
经营现金流ESSWD
| Q4 25 | $1.1B | $-664.3M | ||
| Q3 25 | $342.6M | $-948.1M | ||
| Q2 25 | $216.1M | $-238.5M | ||
| Q1 25 | $281.5M | $-281.1M | ||
| Q4 24 | $1.1B | $129.4M | ||
| Q3 24 | $316.2M | $-202.0M | ||
| Q2 24 | $218.9M | $-237.8M | ||
| Q1 24 | $314.9M | $38.4M |
自由现金流ESSWD
| Q4 25 | — | $-680.1M | ||
| Q3 25 | — | $-950.4M | ||
| Q2 25 | — | $-241.0M | ||
| Q1 25 | — | $-284.7M | ||
| Q4 24 | — | $116.4M | ||
| Q3 24 | — | $-204.0M | ||
| Q2 24 | — | $-241.7M | ||
| Q1 24 | — | $35.2M |
自由现金流率ESSWD
| Q4 25 | — | -200.0% | ||
| Q3 25 | — | -281.5% | ||
| Q2 25 | — | -75.5% | ||
| Q1 25 | — | -120.0% | ||
| Q4 24 | — | 34.1% | ||
| Q3 24 | — | -69.8% | ||
| Q2 24 | — | -89.3% | ||
| Q1 24 | — | 15.4% |
资本支出强度ESSWD
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | — | 3.8% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | — | 1.4% | ||
| Q1 24 | — | 1.4% |
现金转化率ESSWD
| Q4 25 | 12.53× | — | ||
| Q3 25 | 1.98× | -28.34× | ||
| Q2 25 | 0.93× | -7.02× | ||
| Q1 25 | 1.32× | -102.07× | ||
| Q4 24 | 3.54× | 2.89× | ||
| Q3 24 | 2.52× | -7.01× | ||
| Q2 24 | 2.21× | -10.49× | ||
| Q1 24 | 1.10× | 3.24× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
