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牛津地产（IIPR）与JBG SMITH Properties（JBGS）财务数据对比。点击上方公司名可切换其他公司
JBG SMITH Properties的季度营收约是牛津地产的1.9倍（$127.6M vs $66.7M），牛津地产净利率更高（47.8% vs -35.7%，领先83.5%），JBG SMITH Properties同比增速更快（-2.5% vs -13.1%），过去两年牛津地产的营收复合增速更高（-6.0% vs -6.3%）
牛津地产是一家加拿大跨国企业，业务涵盖房地产投资、开发与物业管理。其投资组合包含写字楼、零售、工业、多户住宅、生命科学及酒店类资产。该公司1960年以私营企业形式创立，自2003年起成为安大略省市政雇员退休系统（OMERS）的全资子公司，总部设于多伦多，在纽约、伦敦、澳大利亚、新加坡及卢森堡均设有区域总部。
JBG SMITH Properties是一家总部位于马里兰州贝塞斯达的上市房地产投资信托公司，专注于持有并运营房地产资产，是美国商业地产领域的专业运营机构，面向市场提供多元化的不动产投资与管理服务。
IIPR vs JBGS — 直观对比
营收规模更大
JBGS
是对方的1.9倍
$66.7M
营收增速更快
JBGS
高出10.7%
-13.1%
净利率更高
IIPR
高出83.5%
-35.7%
两年增速更快
IIPR
近两年复合增速
-6.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $66.7M | $127.6M |
| 净利润 | $31.8M | $-45.5M |
| 毛利率 | — | — |
| 营业利润率 | 47.8% | -47.5% |
| 净利率 | 47.8% | -35.7% |
| 营收同比 | -13.1% | -2.5% |
| 净利润同比 | -20.4% | 24.0% |
| 每股收益（稀释后） | $1.07 | $-0.76 |
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IIPRJBGS
| Q4 25 | $66.7M | $127.6M | ||
| Q3 25 | $64.7M | $123.9M | ||
| Q2 25 | $62.9M | $126.5M | ||
| Q1 25 | $71.7M | $120.7M | ||
| Q4 24 | $76.7M | $130.8M | ||
| Q3 24 | $76.5M | $136.0M | ||
| Q2 24 | $79.8M | $135.3M | ||
| Q1 24 | $75.5M | $145.2M |
净利润IIPRJBGS
| Q4 25 | $31.8M | $-45.5M | ||
| Q3 25 | $29.3M | $-28.6M | ||
| Q2 25 | $26.0M | $-19.2M | ||
| Q1 25 | $31.1M | $-45.7M | ||
| Q4 24 | $40.0M | $-59.9M | ||
| Q3 24 | $40.2M | $-27.0M | ||
| Q2 24 | $42.0M | $-24.4M | ||
| Q1 24 | $39.4M | $-32.3M |
营业利润率IIPRJBGS
| Q4 25 | 47.8% | -47.5% | ||
| Q3 25 | 45.5% | -27.5% | ||
| Q2 25 | 45.9% | -18.4% | ||
| Q1 25 | 47.4% | -44.7% | ||
| Q4 24 | 54.7% | -53.6% | ||
| Q3 24 | 54.8% | -22.4% | ||
| Q2 24 | 53.1% | -24.3% | ||
| Q1 24 | 55.7% | -30.1% |
净利率IIPRJBGS
| Q4 25 | 47.8% | -35.7% | ||
| Q3 25 | 45.3% | -23.1% | ||
| Q2 25 | 41.4% | -15.2% | ||
| Q1 25 | 43.3% | -37.9% | ||
| Q4 24 | 52.2% | -45.8% | ||
| Q3 24 | 52.6% | -19.8% | ||
| Q2 24 | 52.6% | -18.0% | ||
| Q1 24 | 52.3% | -22.2% |
每股收益（稀释后）IIPRJBGS
| Q4 25 | $1.07 | $-0.76 | ||
| Q3 25 | $0.97 | $-0.48 | ||
| Q2 25 | $0.86 | $-0.29 | ||
| Q1 25 | $1.03 | $-0.56 | ||
| Q4 24 | $1.35 | $-0.70 | ||
| Q3 24 | $1.37 | $-0.32 | ||
| Q2 24 | $1.44 | $-0.27 | ||
| Q1 24 | $1.36 | $-0.36 |
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 | $47.6M | $75.3M |
| 总债务越低越好 | $393.7M | — |
| 股东权益账面价值 | $1.8B | $1.2B |
| 总资产 | $2.4B | $4.4B |
| 负债/权益比越低杠杆越低 | 0.21× | — |
8季度趋势，按日历期对齐
现金及短期投资IIPRJBGS
| Q4 25 | $47.6M | $75.3M | ||
| Q3 25 | $41.9M | $64.4M | ||
| Q2 25 | $104.9M | $61.4M | ||
| Q1 25 | $133.3M | $81.3M | ||
| Q4 24 | $151.2M | $145.8M | ||
| Q3 24 | $172.4M | $137.0M | ||
| Q2 24 | $160.9M | $163.5M | ||
| Q1 24 | $173.5M | $220.5M |
总债务IIPRJBGS
| Q4 25 | $393.7M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益IIPRJBGS
| Q4 25 | $1.8B | $1.2B | ||
| Q3 25 | $1.9B | $1.2B | ||
| Q2 25 | $1.9B | $1.3B | ||
| Q1 25 | $1.9B | $1.6B | ||
| Q4 24 | $1.9B | $1.8B | ||
| Q3 24 | $1.9B | $1.9B | ||
| Q2 24 | $1.9B | $2.0B | ||
| Q1 24 | $2.0B | $2.1B |
总资产IIPRJBGS
| Q4 25 | $2.4B | $4.4B | ||
| Q3 25 | $2.3B | $4.4B | ||
| Q2 25 | $2.3B | $4.5B | ||
| Q1 25 | $2.4B | $4.7B | ||
| Q4 24 | $2.4B | $5.0B | ||
| Q3 24 | $2.4B | $5.2B | ||
| Q2 24 | $2.4B | $5.3B | ||
| Q1 24 | $2.4B | $5.4B |
负债/权益比IIPRJBGS
| Q4 25 | 0.21× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $198.2M | $73.3M |
| 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 | 6.22× | — |
| 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IIPRJBGS
| Q4 25 | $198.2M | $73.3M | ||
| Q3 25 | $45.6M | $8.9M | ||
| Q2 25 | $48.4M | $18.8M | ||
| Q1 25 | $54.2M | $12.9M | ||
| Q4 24 | $258.4M | $129.4M | ||
| Q3 24 | $64.9M | $26.4M | ||
| Q2 24 | $64.2M | $23.8M | ||
| Q1 24 | $71.6M | $37.0M |
现金转化率IIPRJBGS
| Q4 25 | 6.22× | — | ||
| Q3 25 | 1.56× | — | ||
| Q2 25 | 1.86× | — | ||
| Q1 25 | 1.75× | — | ||
| Q4 24 | 6.46× | — | ||
| Q3 24 | 1.61× | — | ||
| Q2 24 | 1.53× | — | ||
| Q1 24 | 1.82× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
