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牛津地产（IIPR）与PennyMac Mortgage Investment Trust（PMT）财务数据对比。点击上方公司名可切换其他公司
PennyMac Mortgage Investment Trust的季度营收约是牛津地产的1.4倍（$93.6M vs $66.7M），PennyMac Mortgage Investment Trust净利率更高（56.0% vs 47.8%，领先8.2%），牛津地产同比增速更快（-13.1% vs -13.3%），过去两年PennyMac Mortgage Investment Trust的营收复合增速更高（12.3% 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。
PennyMac Mortgage Investment Trust是总部位于美国的房地产投资信托，专注于住宅抵押贷款相关资产，主要投资履约及违约抵押贷款、住宅抵押贷款支持证券和信用风险转移工具，业务覆盖美国住房市场的投资管理与抵押贷款服务板块。
IIPR vs PMT — 直观对比
营收规模更大
PMT
是对方的1.4倍
$66.7M
营收增速更快
IIPR
高出0.2%
-13.3%
净利率更高
PMT
高出8.2%
47.8%
两年增速更快
PMT
近两年复合增速
-6.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $66.7M | $93.6M |
| 净利润 | $31.8M | $52.4M |
| 毛利率 | — | — |
| 营业利润率 | 47.8% | 38.6% |
| 净利率 | 47.8% | 56.0% |
| 营收同比 | -13.1% | -13.3% |
| 净利润同比 | -20.4% | 12.5% |
| 每股收益（稀释后） | $1.07 | $0.49 |
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IIPRPMT
| Q4 25 | $66.7M | $93.6M | ||
| Q3 25 | $64.7M | $99.2M | ||
| Q2 25 | $62.9M | $70.2M | ||
| Q1 25 | $71.7M | $44.5M | ||
| Q4 24 | $76.7M | $107.9M | ||
| Q3 24 | $76.5M | $80.9M | ||
| Q2 24 | $79.8M | $71.2M | ||
| Q1 24 | $75.5M | $74.2M |
净利润IIPRPMT
| Q4 25 | $31.8M | $52.4M | ||
| Q3 25 | $29.3M | $58.3M | ||
| Q2 25 | $26.0M | $7.5M | ||
| Q1 25 | $31.1M | $9.7M | ||
| Q4 24 | $40.0M | $46.5M | ||
| Q3 24 | $40.2M | $41.4M | ||
| Q2 24 | $42.0M | $25.4M | ||
| Q1 24 | $39.4M | $47.6M |
营业利润率IIPRPMT
| Q4 25 | 47.8% | 38.6% | ||
| Q3 25 | 45.5% | 47.4% | ||
| Q2 25 | 45.9% | 24.2% | ||
| Q1 25 | 47.4% | -14.2% | ||
| Q4 24 | 54.7% | 51.1% | ||
| Q3 24 | 54.8% | 32.8% | ||
| Q2 24 | 53.1% | 40.2% | ||
| Q1 24 | 55.7% | 43.6% |
净利率IIPRPMT
| Q4 25 | 47.8% | 56.0% | ||
| Q3 25 | 45.3% | 58.7% | ||
| Q2 25 | 41.4% | 10.7% | ||
| Q1 25 | 43.3% | 21.8% | ||
| Q4 24 | 52.2% | 43.1% | ||
| Q3 24 | 52.6% | 51.2% | ||
| Q2 24 | 52.6% | 35.7% | ||
| Q1 24 | 52.3% | 64.2% |
每股收益（稀释后）IIPRPMT
| Q4 25 | $1.07 | $0.49 | ||
| Q3 25 | $0.97 | $0.55 | ||
| Q2 25 | $0.86 | $-0.04 | ||
| Q1 25 | $1.03 | $-0.01 | ||
| Q4 24 | $1.35 | $0.45 | ||
| Q3 24 | $1.37 | $0.36 | ||
| Q2 24 | $1.44 | $0.17 | ||
| Q1 24 | $1.36 | $0.39 |
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 | $190.5M |
| 总债务越低越好 | $393.7M | $1.1B |
| 股东权益账面价值 | $1.8B | $1.9B |
| 总资产 | $2.4B | $21.3B |
| 负债/权益比越低杠杆越低 | 0.21× | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资IIPRPMT
| Q4 25 | $47.6M | $190.5M | ||
| Q3 25 | $41.9M | $181.0M | ||
| Q2 25 | $104.9M | $108.6M | ||
| Q1 25 | $133.3M | $204.2M | ||
| Q4 24 | $151.2M | $103.2M | ||
| Q3 24 | $172.4M | $102.8M | ||
| Q2 24 | $160.9M | $336.3M | ||
| Q1 24 | $173.5M | $343.3M |
总债务IIPRPMT
| Q4 25 | $393.7M | $1.1B | ||
| Q3 25 | — | $299.0M | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $968.4M | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | — | $5.2B | ||
| Q2 24 | — | $5.4B | ||
| Q1 24 | — | $5.1B |
股东权益IIPRPMT
| Q4 25 | $1.8B | $1.9B | ||
| Q3 25 | $1.9B | $1.9B | ||
| Q2 25 | $1.9B | $1.9B | ||
| Q1 25 | $1.9B | $1.9B | ||
| Q4 24 | $1.9B | $1.9B | ||
| Q3 24 | $1.9B | $1.9B | ||
| Q2 24 | $1.9B | $1.9B | ||
| Q1 24 | $2.0B | $2.0B |
总资产IIPRPMT
| Q4 25 | $2.4B | $21.3B | ||
| Q3 25 | $2.3B | $18.5B | ||
| Q2 25 | $2.3B | $16.8B | ||
| Q1 25 | $2.4B | $14.9B | ||
| Q4 24 | $2.4B | $14.4B | ||
| Q3 24 | $2.4B | $13.1B | ||
| Q2 24 | $2.4B | $12.1B | ||
| Q1 24 | $2.4B | $12.3B |
负债/权益比IIPRPMT
| Q4 25 | 0.21× | 0.58× | ||
| Q3 25 | — | 0.16× | ||
| Q2 25 | — | 0.65× | ||
| Q1 25 | — | 0.51× | ||
| Q4 24 | — | 0.52× | ||
| Q3 24 | — | 2.70× | ||
| Q2 24 | — | 2.76× | ||
| Q1 24 | — | 2.60× |
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 | $-7.2B |
| 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× | -137.76× |
| 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IIPRPMT
| Q4 25 | $198.2M | $-7.2B | ||
| Q3 25 | $45.6M | $-1.3B | ||
| Q2 25 | $48.4M | $-2.0B | ||
| Q1 25 | $54.2M | $-594.3M | ||
| Q4 24 | $258.4M | $-2.7B | ||
| Q3 24 | $64.9M | $-983.8M | ||
| Q2 24 | $64.2M | $243.8M | ||
| Q1 24 | $71.6M | $-342.4M |
现金转化率IIPRPMT
| Q4 25 | 6.22× | -137.76× | ||
| Q3 25 | 1.56× | -22.26× | ||
| Q2 25 | 1.86× | -267.53× | ||
| Q1 25 | 1.75× | -61.39× | ||
| Q4 24 | 6.46× | -58.08× | ||
| Q3 24 | 1.61× | -23.76× | ||
| Q2 24 | 1.53× | 9.59× | ||
| Q1 24 | 1.82× | -7.19× |
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
PMT
| Other | $55.0M | 59% |
| Interest Rate Sensitive Strategies | $31.4M | 34% |
| Correspondent Production | $7.2M | 8% |
