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Essex Property Trust（ESS）与W. P. Carey Inc.（WPC）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W. P. Carey Inc.的1.1倍（$479.6M vs $444.5M），W. P. Carey Inc.净利率更高（33.4% vs 17.9%，领先15.5%），W. P. Carey Inc.同比增速更快（9.4% vs 5.5%），过去两年W. P. Carey Inc.的营收复合增速更高（6.8% 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。
W.P.凯里是一家房地产投资信托企业，主打投资以三净租赁模式租予单一租户的物业。公司注册地位于美国马里兰州，核心办公地点设在纽约市，深耕商业地产投资领域，拥有成熟的运营经验与优质的项目资源。
ESS vs WPC — 直观对比
营收规模更大
ESS
是对方的1.1倍
$444.5M
营收增速更快
WPC
高出3.9%
5.5%
净利率更高
WPC
高出15.5%
17.9%
两年增速更快
WPC
近两年复合增速
6.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $479.6M | $444.5M |
| 净利润 | $85.7M | $148.3M |
| 毛利率 | 70.0% | — |
| 营业利润率 | 31.7% | 34.5% |
| 净利率 | 17.9% | 33.4% |
| 营收同比 | 5.5% | 9.4% |
| 净利润同比 | -71.6% | 215.4% |
| 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ESSWPC
| Q4 25 | $479.6M | $444.5M | ||
| Q3 25 | $473.3M | $431.3M | ||
| Q2 25 | $469.8M | $430.8M | ||
| Q1 25 | $464.6M | $409.9M | ||
| Q4 24 | $454.5M | $406.2M | ||
| Q3 24 | $450.7M | $397.4M | ||
| Q2 24 | $442.4M | $389.7M | ||
| Q1 24 | $426.9M | $389.8M |
净利润ESSWPC
| Q4 25 | $85.7M | $148.3M | ||
| Q3 25 | $172.7M | $141.0M | ||
| Q2 25 | $231.5M | $51.2M | ||
| Q1 25 | $212.8M | $125.8M | ||
| Q4 24 | $301.7M | $47.0M | ||
| Q3 24 | $125.5M | $111.7M | ||
| Q2 24 | $99.0M | $142.9M | ||
| Q1 24 | $285.1M | $159.2M |
毛利率ESSWPC
| 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ESSWPC
| Q4 25 | 31.7% | 34.5% | ||
| Q3 25 | 44.5% | 34.7% | ||
| Q2 25 | 59.5% | 15.0% | ||
| Q1 25 | 55.3% | 33.5% | ||
| Q4 24 | 67.0% | 13.5% | ||
| Q3 24 | 28.6% | 30.4% | ||
| Q2 24 | 31.1% | 38.3% | ||
| Q1 24 | 31.0% | 43.0% |
净利率ESSWPC
| Q4 25 | 17.9% | 33.4% | ||
| Q3 25 | 36.5% | 32.7% | ||
| Q2 25 | 49.3% | 11.9% | ||
| Q1 25 | 45.8% | 30.7% | ||
| Q4 24 | 66.4% | 11.6% | ||
| Q3 24 | 27.8% | 28.1% | ||
| Q2 24 | 22.4% | 36.7% | ||
| Q1 24 | 66.8% | 40.8% |
每股收益（稀释后）ESSWPC
| Q4 25 | $1.24 | — | ||
| Q3 25 | $2.56 | — | ||
| Q2 25 | $3.44 | — | ||
| Q1 25 | $3.16 | — | ||
| Q4 24 | $4.00 | — | ||
| Q3 24 | $1.84 | — | ||
| Q2 24 | $1.45 | — | ||
| Q1 24 | $4.25 | — |
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 | $155.3M |
| 总债务越低越好 | — | $8.7B |
| 股东权益账面价值 | $5.5B | $8.1B |
| 总资产 | $13.2B | $18.0B |
| 负债/权益比越低杠杆越低 | — | 1.07× |
8季度趋势，按日历期对齐
现金及短期投资ESSWPC
| Q4 25 | $76.2M | $155.3M | ||
| Q3 25 | $66.0M | $249.0M | ||
| Q2 25 | $58.7M | $244.8M | ||
| Q1 25 | $98.7M | $187.8M | ||
| Q4 24 | $66.8M | $640.4M | ||
| Q3 24 | $71.3M | $818.2M | ||
| Q2 24 | $55.2M | $1.1B | ||
| Q1 24 | $499.0M | $777.0M |
总债务ESSWPC
| Q4 25 | — | $8.7B | ||
| Q3 25 | $6.4B | $8.7B | ||
| Q2 25 | $6.4B | $8.6B | ||
| Q1 25 | $6.8B | $7.9B | ||
| Q4 24 | — | $8.0B | ||
| Q3 24 | $6.4B | $8.0B | ||
| Q2 24 | $6.2B | $8.1B | ||
| Q1 24 | $6.6B | $7.9B |
股东权益ESSWPC
| Q4 25 | $5.5B | $8.1B | ||
| Q3 25 | $5.6B | $8.2B | ||
| Q2 25 | $5.6B | $8.2B | ||
| Q1 25 | $5.6B | $8.4B | ||
| Q4 24 | $5.5B | $8.4B | ||
| Q3 24 | $5.4B | $8.6B | ||
| Q2 24 | $5.5B | $8.6B | ||
| Q1 24 | $5.5B | $8.7B |
总资产ESSWPC
| Q4 25 | $13.2B | $18.0B | ||
| Q3 25 | $13.2B | $18.0B | ||
| Q2 25 | $13.2B | $18.0B | ||
| Q1 25 | $13.2B | $17.3B | ||
| Q4 24 | $12.9B | $17.5B | ||
| Q3 24 | $12.6B | $17.6B | ||
| Q2 24 | $12.5B | $17.8B | ||
| Q1 24 | $12.9B | $17.6B |
负债/权益比ESSWPC
| Q4 25 | — | 1.07× | ||
| Q3 25 | 1.15× | 1.06× | ||
| Q2 25 | 1.14× | 1.05× | ||
| Q1 25 | 1.22× | 0.94× | ||
| Q4 24 | — | 0.95× | ||
| Q3 24 | 1.18× | 0.93× | ||
| Q2 24 | 1.13× | 0.94× | ||
| Q1 24 | 1.19× | 0.91× |
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 | $304.6M |
| 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 | — | — |
| 现金转化率经营现金流/净利润 | 12.53× | 2.05× |
| 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ESSWPC
| Q4 25 | $1.1B | $304.6M | ||
| Q3 25 | $342.6M | $300.5M | ||
| Q2 25 | $216.1M | $404.0M | ||
| Q1 25 | $281.5M | $273.2M | ||
| Q4 24 | $1.1B | $296.3M | ||
| Q3 24 | $316.2M | $280.2M | ||
| Q2 24 | $218.9M | $221.0M | ||
| Q1 24 | $314.9M | $1.0B |
现金转化率ESSWPC
| Q4 25 | 12.53× | 2.05× | ||
| Q3 25 | 1.98× | 2.13× | ||
| Q2 25 | 0.93× | 7.89× | ||
| Q1 25 | 1.32× | 2.17× | ||
| Q4 24 | 3.54× | 6.30× | ||
| Q3 24 | 2.52× | 2.51× | ||
| Q2 24 | 2.21× | 1.55× | ||
| Q1 24 | 1.10× | 6.50× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
