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牛津地产（IIPR）与莱夫 Nation 娱乐（LIVE）财务数据对比。点击上方公司名可切换其他公司
莱夫 Nation 娱乐的季度营收约是牛津地产的1.6倍（$108.5M vs $66.7M），牛津地产净利率更高（47.8% vs -0.1%，领先47.8%），莱夫 Nation 娱乐同比增速更快（-2.7% vs -13.1%），过去两年莱夫 Nation 娱乐的营收复合增速更高（-4.3% vs -6.0%）
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。
Live Nation Entertainment是一家美国跨国娱乐企业，2010年由Live Nation与Ticketmaster合并而成。目前两大品牌均作为子品牌运营，在全球范围内推广现场娱乐活动并提供票务销售服务，同时还自营多处娱乐场馆，并为音乐人提供艺人经纪服务。
IIPR vs LIVE — 直观对比
营收规模更大
LIVE
是对方的1.6倍
$66.7M
营收增速更快
LIVE
高出10.5%
-13.1%
净利率更高
IIPR
高出47.8%
-0.1%
两年增速更快
LIVE
近两年复合增速
-6.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $66.7M | $108.5M |
| 净利润 | $31.8M | $-64.0K |
| 毛利率 | — | 32.6% |
| 营业利润率 | 47.8% | 3.2% |
| 净利率 | 47.8% | -0.1% |
| 营收同比 | -13.1% | -2.7% |
| 净利润同比 | -20.4% | -113.0% |
| 每股收益（稀释后） | $1.07 | $-0.02 |
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IIPRLIVE
| Q4 25 | $66.7M | $108.5M | ||
| Q3 25 | $64.7M | $113.9M | ||
| Q2 25 | $62.9M | $112.5M | ||
| Q1 25 | $71.7M | $107.0M | ||
| Q4 24 | $76.7M | $111.5M | ||
| Q3 24 | $76.5M | $112.7M | ||
| Q2 24 | $79.8M | $123.9M | ||
| Q1 24 | $75.5M | $118.6M |
净利润IIPRLIVE
| Q4 25 | $31.8M | $-64.0K | ||
| Q3 25 | $29.3M | $997.0K | ||
| Q2 25 | $26.0M | $5.4M | ||
| Q1 25 | $31.1M | $15.9M | ||
| Q4 24 | $40.0M | $492.0K | ||
| Q3 24 | $40.2M | $-19.9M | ||
| Q2 24 | $42.0M | $-2.9M | ||
| Q1 24 | $39.4M | $-3.3M |
毛利率IIPRLIVE
| Q4 25 | — | 32.6% | ||
| Q3 25 | — | 32.4% | ||
| Q2 25 | — | 34.0% | ||
| Q1 25 | — | 32.8% | ||
| Q4 24 | — | 31.7% | ||
| Q3 24 | — | 31.9% | ||
| Q2 24 | — | 29.9% | ||
| Q1 24 | — | 29.9% |
营业利润率IIPRLIVE
| Q4 25 | 47.8% | 3.2% | ||
| Q3 25 | 45.5% | 3.3% | ||
| Q2 25 | 45.9% | 7.1% | ||
| Q1 25 | 47.4% | 2.0% | ||
| Q4 24 | 54.7% | 0.7% | ||
| Q3 24 | 54.8% | -15.5% | ||
| Q2 24 | 53.1% | 0.9% | ||
| Q1 24 | 55.7% | -0.7% |
净利率IIPRLIVE
| Q4 25 | 47.8% | -0.1% | ||
| Q3 25 | 45.3% | 0.9% | ||
| Q2 25 | 41.4% | 4.8% | ||
| Q1 25 | 43.3% | 14.8% | ||
| Q4 24 | 52.2% | 0.4% | ||
| Q3 24 | 52.6% | -17.6% | ||
| Q2 24 | 52.6% | -2.3% | ||
| Q1 24 | 52.3% | -2.8% |
每股收益（稀释后）IIPRLIVE
| Q4 25 | $1.07 | $-0.02 | ||
| Q3 25 | $0.97 | $-1.52 | ||
| Q2 25 | $0.86 | $1.24 | ||
| Q1 25 | $1.03 | $5.05 | ||
| Q4 24 | $1.35 | $0.16 | ||
| Q3 24 | $1.37 | $-6.31 | ||
| Q2 24 | $1.44 | $-0.91 | ||
| Q1 24 | $1.36 | $-1.04 |
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 | $47.6M | — |
| 总债务越低越好 | $393.7M | — |
| 股东权益账面价值 | $1.8B | $95.3M |
| 总资产 | $2.4B | $389.2M |
| 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IIPRLIVE
| Q4 25 | $47.6M | — | ||
| Q3 25 | $41.9M | — | ||
| Q2 25 | $104.9M | — | ||
| Q1 25 | $133.3M | — | ||
| Q4 24 | $151.2M | — | ||
| Q3 24 | $172.4M | — | ||
| Q2 24 | $160.9M | — | ||
| Q1 24 | $173.5M | — |
总债务IIPRLIVE
| Q4 25 | $393.7M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益IIPRLIVE
| Q4 25 | $1.8B | $95.3M | ||
| Q3 25 | $1.9B | $95.3M | ||
| Q2 25 | $1.9B | $94.3M | ||
| Q1 25 | $1.9B | $88.9M | ||
| Q4 24 | $1.9B | $73.3M | ||
| Q3 24 | $1.9B | $72.9M | ||
| Q2 24 | $1.9B | $92.7M | ||
| Q1 24 | $2.0B | $95.9M |
总资产IIPRLIVE
| Q4 25 | $2.4B | $389.2M | ||
| Q3 25 | $2.3B | $386.4M | ||
| Q2 25 | $2.3B | $387.5M | ||
| Q1 25 | $2.4B | $393.6M | ||
| Q4 24 | $2.4B | $395.5M | ||
| Q3 24 | $2.4B | $407.5M | ||
| Q2 24 | $2.4B | $436.8M | ||
| Q1 24 | $2.4B | $433.9M |
负债/权益比IIPRLIVE
| 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 | $9.8M |
| 自由现金流经营现金流 - 资本支出 | — | $8.5M |
| 自由现金流率自由现金流/营收 | — | 7.8% |
| 资本支出强度资本支出/营收 | — | 1.2% |
| 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 | — | $21.9M |
8季度趋势，按日历期对齐
经营现金流IIPRLIVE
| Q4 25 | $198.2M | $9.8M | ||
| Q3 25 | $45.6M | $6.8M | ||
| Q2 25 | $48.4M | $12.3M | ||
| Q1 25 | $54.2M | $231.0K | ||
| Q4 24 | $258.4M | $9.4M | ||
| Q3 24 | $64.9M | $6.7M | ||
| Q2 24 | $64.2M | $11.7M | ||
| Q1 24 | $71.6M | $-5.7M |
自由现金流IIPRLIVE
| Q4 25 | — | $8.5M | ||
| Q3 25 | — | $4.8M | ||
| Q2 25 | — | $10.8M | ||
| Q1 25 | — | $-2.3M | ||
| Q4 24 | — | $7.6M | ||
| Q3 24 | — | $3.3M | ||
| Q2 24 | — | $10.1M | ||
| Q1 24 | — | $-7.5M |
自由现金流率IIPRLIVE
| Q4 25 | — | 7.8% | ||
| Q3 25 | — | 4.2% | ||
| Q2 25 | — | 9.6% | ||
| Q1 25 | — | -2.1% | ||
| Q4 24 | — | 6.8% | ||
| Q3 24 | — | 2.9% | ||
| Q2 24 | — | 8.2% | ||
| Q1 24 | — | -6.3% |
资本支出强度IIPRLIVE
| Q4 25 | — | 1.2% | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | — | 1.3% | ||
| Q1 25 | — | 2.3% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | — | 3.1% | ||
| Q2 24 | — | 1.3% | ||
| Q1 24 | — | 1.4% |
现金转化率IIPRLIVE
| Q4 25 | 6.22× | — | ||
| Q3 25 | 1.56× | 6.78× | ||
| Q2 25 | 1.86× | 2.28× | ||
| Q1 25 | 1.75× | 0.01× | ||
| Q4 24 | 6.46× | 19.11× | ||
| 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
业务分部营收拆解
IIPR
暂无分部数据
LIVE
| Steel Manufacturing Segment | $31.9M | 29% |
| Flooring Manufacturing Segment | $28.9M | 27% |
| Retail Flooring Segment | $25.3M | 23% |
| Retail Entertainment Segment | $23.6M | 22% |
