vs
Extra Space Storage（EXR）与Cloudflare, Inc.（NET）财务数据对比。点击上方公司名可切换其他公司
Extra Space Storage的季度营收约是Cloudflare, Inc.的1.4倍（$856.0M vs $614.5M），Extra Space Storage净利率更高（28.2% vs -2.0%，领先30.1%），Cloudflare, Inc.同比增速更快（33.6% vs 4.4%），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 2.8%）
Extra Space Storage是总部位于美国犹他州卡顿伍德高地的房地产投资信托基金，主营自助仓储设施投资运营。旗下运营多个仓储品牌，提供温控仓、可驶入单元、储物柜、船只/房车/企业仓储等服务，截至2024年3月，在全美43个州及华盛顿特区共运营3714处网点。
Cloudflare是总部位于美国加利福尼亚州旧金山的科技企业，提供内容分发网络（CDN）、云网络安全、DDoS防护等多元互联网服务，同时是ICANN认证的域名注册商。其服务作为网站访客与客户托管服务商之间的反向代理，可有效提升访问性能，抵御恶意流量。
EXR vs NET — 直观对比
营收规模更大
EXR
是对方的1.4倍
$614.5M
营收增速更快
NET
高出29.2%
4.4%
净利率更高
EXR
高出30.1%
-2.0%
两年增速更快
NET
近两年复合增速
2.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $856.0M | $614.5M |
| 净利润 | $241.0M | $-12.1M |
| 毛利率 | — | 73.6% |
| 营业利润率 | 42.9% | -8.0% |
| 净利率 | 28.2% | -2.0% |
| 营收同比 | 4.4% | 33.6% |
| 净利润同比 | -11.0% | 6.0% |
| 每股收益（稀释后） | $1.14 | $-0.03 |
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EXRNET
| Q1 26 | $856.0M | — | ||
| Q4 25 | $857.5M | $614.5M | ||
| Q3 25 | $858.5M | $562.0M | ||
| Q2 25 | $841.6M | $512.3M | ||
| Q1 25 | $820.0M | $479.1M | ||
| Q4 24 | $821.9M | $459.9M | ||
| Q3 24 | $824.8M | $430.1M | ||
| Q2 24 | $810.7M | $401.0M |
净利润EXRNET
| Q1 26 | $241.0M | — | ||
| Q4 25 | $287.4M | $-12.1M | ||
| Q3 25 | $166.0M | $-1.3M | ||
| Q2 25 | $249.7M | $-50.4M | ||
| Q1 25 | $270.9M | $-38.5M | ||
| Q4 24 | $262.5M | $-12.8M | ||
| Q3 24 | $193.2M | $-15.3M | ||
| Q2 24 | $185.9M | $-15.1M |
毛利率EXRNET
| Q1 26 | — | — | ||
| Q4 25 | 73.0% | 73.6% | ||
| Q3 25 | 72.6% | 74.0% | ||
| Q2 25 | 73.0% | 74.9% | ||
| Q1 25 | 72.7% | 75.9% | ||
| Q4 24 | 73.1% | 76.4% | ||
| Q3 24 | 74.7% | 77.7% | ||
| Q2 24 | 75.7% | 77.8% |
营业利润率EXRNET
| Q1 26 | 42.9% | — | ||
| Q4 25 | 43.3% | -8.0% | ||
| Q3 25 | 32.5% | -6.7% | ||
| Q2 25 | 44.4% | -13.1% | ||
| Q1 25 | 47.4% | -11.1% | ||
| Q4 24 | 46.2% | -7.5% | ||
| Q3 24 | 36.7% | -7.2% | ||
| Q2 24 | 37.6% | -8.7% |
净利率EXRNET
| Q1 26 | 28.2% | — | ||
| Q4 25 | 33.5% | -2.0% | ||
| Q3 25 | 19.3% | -0.2% | ||
| Q2 25 | 29.7% | -9.8% | ||
| Q1 25 | 33.0% | -8.0% | ||
| Q4 24 | 31.9% | -2.8% | ||
| Q3 24 | 23.4% | -3.6% | ||
| Q2 24 | 22.9% | -3.8% |
每股收益（稀释后）EXRNET
| Q1 26 | $1.14 | — | ||
| Q4 25 | $1.35 | $-0.03 | ||
| Q3 25 | $0.78 | $0.00 | ||
| Q2 25 | $1.18 | $-0.15 | ||
| Q1 25 | $1.28 | $-0.11 | ||
| Q4 24 | $1.23 | $-0.05 | ||
| Q3 24 | $0.91 | $-0.04 | ||
| Q2 24 | $0.88 | $-0.04 |
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 | $139.0M | $943.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $1.5B |
| 总资产 | $29.1B | $6.0B |
| 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EXRNET
| Q1 26 | $139.0M | — | ||
| Q4 25 | $138.9M | $943.5M | ||
| Q3 25 | $111.9M | $1.1B | ||
| Q2 25 | $125.0M | $1.5B | ||
| Q1 25 | $119.6M | $204.5M | ||
| Q4 24 | $138.2M | $147.7M | ||
| Q3 24 | $88.9M | $182.9M | ||
| Q2 24 | $77.0M | $157.0M |
股东权益EXRNET
| Q1 26 | — | — | ||
| Q4 25 | $13.4B | $1.5B | ||
| Q3 25 | $13.6B | $1.3B | ||
| Q2 25 | $13.8B | $1.2B | ||
| Q1 25 | $13.9B | $1.4B | ||
| Q4 24 | $13.9B | $1.0B | ||
| Q3 24 | $14.0B | $973.1M | ||
| Q2 24 | $14.2B | $881.5M |
总资产EXRNET
| Q1 26 | $29.1B | — | ||
| Q4 25 | $29.3B | $6.0B | ||
| Q3 25 | $29.2B | $5.8B | ||
| Q2 25 | $29.4B | $5.6B | ||
| Q1 25 | $29.0B | $3.7B | ||
| Q4 24 | $28.8B | $3.3B | ||
| Q3 24 | $28.1B | $3.1B | ||
| Q2 24 | $27.8B | $2.9B |
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 | — | $190.4M |
| 自由现金流经营现金流 - 资本支出 | — | $105.2M |
| 自由现金流率自由现金流/营收 | — | 17.1% |
| 资本支出强度资本支出/营收 | — | 13.9% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $287.5M |
8季度趋势，按日历期对齐
经营现金流EXRNET
| Q1 26 | — | — | ||
| Q4 25 | $1.9B | $190.4M | ||
| Q3 25 | $457.1M | $167.1M | ||
| Q2 25 | $543.9M | $99.8M | ||
| Q1 25 | $481.4M | $145.8M | ||
| Q4 24 | $1.9B | $127.3M | ||
| Q3 24 | $468.4M | $104.7M | ||
| Q2 24 | $545.2M | $74.8M |
自由现金流EXRNET
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $105.2M | ||
| Q3 25 | $444.2M | $82.5M | ||
| Q2 25 | $382.1M | $39.9M | ||
| Q1 25 | $345.4M | $59.9M | ||
| Q4 24 | $1.6B | $54.2M | ||
| Q3 24 | $310.1M | $54.5M | ||
| Q2 24 | $517.6M | $45.2M |
自由现金流率EXRNET
| Q1 26 | — | — | ||
| Q4 25 | 186.5% | 17.1% | ||
| Q3 25 | 51.7% | 14.7% | ||
| Q2 25 | 45.4% | 7.8% | ||
| Q1 25 | 42.1% | 12.5% | ||
| Q4 24 | 198.2% | 11.8% | ||
| Q3 24 | 37.6% | 12.7% | ||
| Q2 24 | 63.8% | 11.3% |
资本支出强度EXRNET
| Q1 26 | — | — | ||
| Q4 25 | 29.3% | 13.9% | ||
| Q3 25 | 1.5% | 15.1% | ||
| Q2 25 | 19.2% | 11.7% | ||
| Q1 25 | 16.6% | 17.9% | ||
| Q4 24 | 31.4% | 15.9% | ||
| Q3 24 | 19.2% | 11.7% | ||
| Q2 24 | 3.4% | 7.4% |
现金转化率EXRNET
| Q1 26 | — | — | ||
| Q4 25 | 6.44× | — | ||
| Q3 25 | 2.75× | — | ||
| Q2 25 | 2.18× | — | ||
| Q1 25 | 1.78× | — | ||
| Q4 24 | 7.19× | — | ||
| Q3 24 | 2.42× | — | ||
| Q2 24 | 2.93× | — |
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
EXR
| Property rental | $733.2M | 86% |
| Tenant reinsurance | $89.1M | 10% |
| Management fees and other income | $33.7M | 4% |
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
