vs
弗雷斯特研究公司（FORR）与INDEPENDENCE REALTY TRUST, INC.（IRT）财务数据对比。点击上方公司名可切换其他公司
INDEPENDENCE REALTY TRUST, INC.的季度营收约是弗雷斯特研究公司的1.6倍（$165.3M vs $101.1M），INDEPENDENCE REALTY TRUST, INC.同比增速更快（2.5% vs -6.5%），过去两年INDEPENDENCE REALTY TRUST, INC.的营收复合增速更高（2.2% vs 0.5%）
福雷斯特研究公司是一家全球领先的研究咨询机构，主营业务涵盖行业研究、管理咨询与行业峰会举办，客户群体包括全球大型企业、科技公司与消费领域领军企业，公司总部位于美国马萨诸塞州剑桥市。
独立房地产信托是一家专注于商业地产领域的不动产投资信托企业，投资布局覆盖费城、华盛顿特区以及得克萨斯州奥斯汀市的优质写字楼资产，为投资者创造稳定的不动产投资回报。
FORR vs IRT — 直观对比
营收规模更大
IRT
是对方的1.6倍
$101.1M
营收增速更快
IRT
高出9.0%
-6.5%
两年增速更快
IRT
近两年复合增速
0.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $101.1M | $165.3M |
| 净利润 | $-33.9M | — |
| 毛利率 | 56.7% | — |
| 营业利润率 | -36.6% | — |
| 净利率 | -33.5% | — |
| 营收同比 | -6.5% | 2.5% |
| 净利润同比 | -7941.4% | — |
| 每股收益（稀释后） | $-1.75 | $0.00 |
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FORRIRT
| Q1 26 | — | $165.3M | ||
| Q4 25 | $101.1M | $167.1M | ||
| Q3 25 | $94.3M | $167.1M | ||
| Q2 25 | $111.7M | $162.2M | ||
| Q1 25 | $89.9M | $161.2M | ||
| Q4 24 | $108.0M | $161.0M | ||
| Q3 24 | $102.5M | $160.1M | ||
| Q2 24 | $121.8M | $158.4M |
净利润FORRIRT
| Q1 26 | — | — | ||
| Q4 25 | $-33.9M | $33.3M | ||
| Q3 25 | $-2.1M | $6.9M | ||
| Q2 25 | $3.9M | $8.0M | ||
| Q1 25 | $-87.3M | $8.4M | ||
| Q4 24 | $432.0K | $-1.0M | ||
| Q3 24 | $-5.8M | $12.4M | ||
| Q2 24 | $6.3M | $10.4M |
毛利率FORRIRT
| Q1 26 | — | — | ||
| Q4 25 | 56.7% | — | ||
| Q3 25 | 60.0% | — | ||
| Q2 25 | 55.5% | — | ||
| Q1 25 | 55.9% | — | ||
| Q4 24 | 58.8% | — | ||
| Q3 24 | 60.5% | — | ||
| Q2 24 | 57.3% | — |
营业利润率FORRIRT
| Q1 26 | — | — | ||
| Q4 25 | -36.6% | — | ||
| Q3 25 | 4.7% | — | ||
| Q2 25 | 6.2% | — | ||
| Q1 25 | -97.5% | — | ||
| Q4 24 | -0.5% | — | ||
| Q3 24 | -0.7% | — | ||
| Q2 24 | 9.3% | — |
净利率FORRIRT
| Q1 26 | — | — | ||
| Q4 25 | -33.5% | 19.9% | ||
| Q3 25 | -2.3% | 4.1% | ||
| Q2 25 | 3.5% | 5.0% | ||
| Q1 25 | -97.1% | 5.2% | ||
| Q4 24 | 0.4% | -0.6% | ||
| Q3 24 | -5.7% | 7.7% | ||
| Q2 24 | 5.2% | 6.5% |
每股收益（稀释后）FORRIRT
| Q1 26 | — | $0.00 | ||
| Q4 25 | $-1.75 | $0.14 | ||
| Q3 25 | $-0.11 | $0.03 | ||
| Q2 25 | $0.20 | $0.03 | ||
| Q1 25 | $-4.62 | $0.04 | ||
| Q4 24 | $0.02 | $-0.01 | ||
| Q3 24 | $-0.30 | $0.05 | ||
| Q2 24 | $0.33 | $0.05 |
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 | $63.3M | $23.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $126.5M | $3.4B |
| 总资产 | $404.0M | $6.1B |
| 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FORRIRT
| Q1 26 | — | $23.3M | ||
| Q4 25 | $63.3M | $23.6M | ||
| Q3 25 | $65.1M | $23.3M | ||
| Q2 25 | $67.8M | $19.5M | ||
| Q1 25 | $75.6M | $29.1M | ||
| Q4 24 | $56.1M | $21.2M | ||
| Q3 24 | $62.8M | $17.6M | ||
| Q2 24 | $58.9M | $21.0M |
总债务FORRIRT
| Q1 26 | — | — | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $2.3B | ||
| Q2 24 | — | $2.3B |
股东权益FORRIRT
| Q1 26 | — | $3.4B | ||
| Q4 25 | $126.5M | $3.5B | ||
| Q3 25 | $157.7M | $3.5B | ||
| Q2 25 | $159.5M | $3.4B | ||
| Q1 25 | $147.4M | $3.5B | ||
| Q4 24 | $229.5M | $3.4B | ||
| Q3 24 | $234.3M | $3.4B | ||
| Q2 24 | $237.1M | $3.4B |
总资产FORRIRT
| Q1 26 | — | $6.1B | ||
| Q4 25 | $404.0M | $6.0B | ||
| Q3 25 | $414.2M | $6.1B | ||
| Q2 25 | $436.0M | $6.0B | ||
| Q1 25 | $439.8M | $6.0B | ||
| Q4 24 | $503.9M | $6.1B | ||
| Q3 24 | $505.3M | $5.9B | ||
| Q2 24 | $524.2M | $5.9B |
负债/权益比FORRIRT
| Q1 26 | — | — | ||
| Q4 25 | — | 0.66× | ||
| Q3 25 | — | 0.66× | ||
| Q2 25 | — | 0.66× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | — | 0.68× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.66× |
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 | $-3.2M | — |
| 自由现金流经营现金流 - 资本支出 | $-4.3M | — |
| 自由现金流率自由现金流/营收 | -4.2% | — |
| 资本支出强度资本支出/营收 | 1.1% | — |
| 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 | $18.1M | — |
8季度趋势，按日历期对齐
经营现金流FORRIRT
| Q1 26 | — | — | ||
| Q4 25 | $-3.2M | $282.1M | ||
| Q3 25 | $1.2M | $79.3M | ||
| Q2 25 | $-3.6M | $82.2M | ||
| Q1 25 | $26.7M | $60.4M | ||
| Q4 24 | $-1.8M | $259.8M | ||
| Q3 24 | $264.0K | $69.2M | ||
| Q2 24 | $-2.9M | $83.0M |
自由现金流FORRIRT
| Q1 26 | — | — | ||
| Q4 25 | $-4.3M | — | ||
| Q3 25 | $524.0K | — | ||
| Q2 25 | $-4.2M | — | ||
| Q1 25 | $26.1M | — | ||
| Q4 24 | $-2.5M | — | ||
| Q3 24 | $-223.0K | — | ||
| Q2 24 | $-3.7M | — |
自由现金流率FORRIRT
| Q1 26 | — | — | ||
| Q4 25 | -4.2% | — | ||
| Q3 25 | 0.6% | — | ||
| Q2 25 | -3.8% | — | ||
| Q1 25 | 29.0% | — | ||
| Q4 24 | -2.3% | — | ||
| Q3 24 | -0.2% | — | ||
| Q2 24 | -3.1% | — |
资本支出强度FORRIRT
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | — | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | 0.5% | — | ||
| Q1 25 | 0.7% | — | ||
| Q4 24 | 0.6% | — | ||
| Q3 24 | 0.5% | — | ||
| Q2 24 | 0.7% | — |
现金转化率FORRIRT
| Q1 26 | — | — | ||
| Q4 25 | — | 8.48× | ||
| Q3 25 | — | 11.51× | ||
| Q2 25 | -0.93× | 10.22× | ||
| Q1 25 | — | 7.23× | ||
| Q4 24 | -4.24× | — | ||
| Q3 24 | — | 5.60× | ||
| Q2 24 | -0.46× | 8.02× |
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
FORR
| Research Segment | $82.2M | 81% |
| Consulting Segment | $16.2M | 16% |
| Billable Expenses | $1.5M | 2% |
| Professional Services | $1.4M | 1% |
IRT
| Rental and other property revenue | $165.2M | 100% |
| Other revenue | $109.0K | 0% |
