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牛津地产（IIPR）与SunPower Inc.（SPWR）财务数据对比。点击上方公司名可切换其他公司
SunPower Inc.的季度营收约是牛津地产的1.2倍（$79.7M vs $66.7M），牛津地产净利率更高（47.8% vs -17.8%，领先65.5%），SunPower Inc.同比增速更快（-10.1% vs -13.1%），过去两年SunPower Inc.的营收复合增速更高（118.7% 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。
SunPower是一家美国光伏太阳能发电系统与储能电池产品供应商，主要服务住宅客户。公司由斯坦福大学电气工程教授理查德·斯旺森于1985年创立，总部位于加利福尼亚州圣何塞。赛普拉斯半导体2002年收购该公司多数股权后推动其快速发展，SunPower最终于2005年完成上市，目前是全球光伏领域知名企业。
IIPR vs SPWR — 直观对比
营收规模更大
SPWR
是对方的1.2倍
$66.7M
营收增速更快
SPWR
高出3.1%
-13.1%
净利率更高
IIPR
高出65.5%
-17.8%
两年增速更快
SPWR
近两年复合增速
-6.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $66.7M | $79.7M |
| 净利润 | $31.8M | $-14.2M |
| 毛利率 | — | 35.5% |
| 营业利润率 | 47.8% | -27.4% |
| 净利率 | 47.8% | -17.8% |
| 营收同比 | -13.1% | -10.1% |
| 净利润同比 | -20.4% | -130.1% |
| 每股收益（稀释后） | $1.07 | $-0.05 |
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IIPRSPWR
| Q4 25 | $66.7M | $79.7M | ||
| Q3 25 | $64.7M | $22.0M | ||
| Q2 25 | $62.9M | $67.5M | ||
| Q1 25 | $71.7M | $82.7M | ||
| Q4 24 | $76.7M | $88.7M | ||
| Q3 24 | $76.5M | — | ||
| Q2 24 | $79.8M | — | ||
| Q1 24 | $75.5M | — |
净利润IIPRSPWR
| Q4 25 | $31.8M | $-14.2M | ||
| Q3 25 | $29.3M | $-16.9M | ||
| Q2 25 | $26.0M | $-22.4M | ||
| Q1 25 | $31.1M | $8.1M | ||
| Q4 24 | $40.0M | $47.0M | ||
| Q3 24 | $40.2M | — | ||
| Q2 24 | $42.0M | — | ||
| Q1 24 | $39.4M | — |
毛利率IIPRSPWR
| Q4 25 | — | 35.5% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 42.6% | ||
| Q1 25 | — | 48.5% | ||
| Q4 24 | — | 46.5% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率IIPRSPWR
| Q4 25 | 47.8% | -27.4% | ||
| Q3 25 | 45.5% | -15.7% | ||
| Q2 25 | 45.9% | -4.0% | ||
| Q1 25 | 47.4% | 1.3% | ||
| Q4 24 | 54.7% | -24.2% | ||
| Q3 24 | 54.8% | — | ||
| Q2 24 | 53.1% | — | ||
| Q1 24 | 55.7% | — |
净利率IIPRSPWR
| Q4 25 | 47.8% | -17.8% | ||
| Q3 25 | 45.3% | -76.9% | ||
| Q2 25 | 41.4% | -33.2% | ||
| Q1 25 | 43.3% | 9.8% | ||
| Q4 24 | 52.2% | 53.0% | ||
| Q3 24 | 52.6% | — | ||
| Q2 24 | 52.6% | — | ||
| Q1 24 | 52.3% | — |
每股收益（稀释后）IIPRSPWR
| Q4 25 | $1.07 | $-0.05 | ||
| Q3 25 | $0.97 | $-0.19 | ||
| Q2 25 | $0.86 | $-0.28 | ||
| Q1 25 | $1.03 | $0.00 | ||
| Q4 24 | $1.35 | $0.27 | ||
| Q3 24 | $1.37 | — | ||
| Q2 24 | $1.44 | — | ||
| Q1 24 | $1.36 | — |
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 | $9.6M |
| 总债务越低越好 | $393.7M | $164.8M |
| 股东权益账面价值 | $1.8B | $-90.1M |
| 总资产 | $2.4B | $241.2M |
| 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IIPRSPWR
| Q4 25 | $47.6M | $9.6M | ||
| Q3 25 | $41.9M | $5.1M | ||
| Q2 25 | $104.9M | $11.1M | ||
| Q1 25 | $133.3M | $10.6M | ||
| Q4 24 | $151.2M | $13.4M | ||
| Q3 24 | $172.4M | — | ||
| Q2 24 | $160.9M | — | ||
| Q1 24 | $173.5M | — |
总债务IIPRSPWR
| Q4 25 | $393.7M | $164.8M | ||
| Q3 25 | — | $204.3M | ||
| Q2 25 | — | $152.9M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $147.3M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益IIPRSPWR
| Q4 25 | $1.8B | $-90.1M | ||
| Q3 25 | $1.9B | $-112.3M | ||
| Q2 25 | $1.9B | $-107.2M | ||
| Q1 25 | $1.9B | $-89.0M | ||
| Q4 24 | $1.9B | $-97.5M | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $1.9B | — | ||
| Q1 24 | $2.0B | — |
总资产IIPRSPWR
| Q4 25 | $2.4B | $241.2M | ||
| Q3 25 | $2.3B | $208.3M | ||
| Q2 25 | $2.3B | $163.1M | ||
| Q1 25 | $2.4B | $147.8M | ||
| Q4 24 | $2.4B | $144.5M | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.4B | — |
负债/权益比IIPRSPWR
| 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 | $-1.9M |
| 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IIPRSPWR
| Q4 25 | $198.2M | $-1.9M | ||
| Q3 25 | $45.6M | $-6.4M | ||
| Q2 25 | $48.4M | $-4.4M | ||
| Q1 25 | $54.2M | $-2.6M | ||
| Q4 24 | $258.4M | $-25.6M | ||
| Q3 24 | $64.9M | — | ||
| Q2 24 | $64.2M | — | ||
| Q1 24 | $71.6M | — |
现金转化率IIPRSPWR
| Q4 25 | 6.22× | — | ||
| Q3 25 | 1.56× | — | ||
| Q2 25 | 1.86× | — | ||
| Q1 25 | 1.75× | -0.32× | ||
| Q4 24 | 6.46× | -0.54× | ||
| 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
SPWR
| Residential Solar Installation | $46.9M | 59% |
| New Homes Business | $22.7M | 29% |
| Other | $10.1M | 13% |
