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Invitation Homes（INVH）与Cloudflare, Inc.（NET）财务数据对比。点击上方公司名可切换其他公司
Invitation Homes的季度营收约是Cloudflare, Inc.的1.1倍（$685.3M vs $614.5M），Invitation Homes净利率更高（21.1% vs -2.0%，领先23.1%），Cloudflare, Inc.同比增速更快（33.6% vs 4.0%），Invitation Homes自由现金流更多（$122.4M vs $105.2M），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 3.0%）
Invitation Homes是纽交所上市企业，总部位于美国得克萨斯州达拉斯市林肯中心大厦，由Dallas B. Tanner出任首席执行官。截至2024年7月，公司在全美16个市场持有约8.4万套独栋出租住宅，是美国规模最大的独栋住宅租赁业主，17%的租金收入来自加利福尼亚州。
Cloudflare是总部位于美国加利福尼亚州旧金山的科技企业，提供内容分发网络（CDN）、云网络安全、DDoS防护等多元互联网服务，同时是ICANN认证的域名注册商。其服务作为网站访客与客户托管服务商之间的反向代理，可有效提升访问性能，抵御恶意流量。
INVH vs NET — 直观对比
营收规模更大
INVH
是对方的1.1倍
$614.5M
营收增速更快
NET
高出29.6%
4.0%
净利率更高
INVH
高出23.1%
-2.0%
自由现金流更多
INVH
多$17.2M
$105.2M
两年增速更快
NET
近两年复合增速
3.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $685.3M | $614.5M |
| 净利润 | $144.6M | $-12.1M |
| 毛利率 | — | 73.6% |
| 营业利润率 | — | -8.0% |
| 净利率 | 21.1% | -2.0% |
| 营收同比 | 4.0% | 33.6% |
| 净利润同比 | 1.0% | 6.0% |
| 每股收益（稀释后） | $0.24 | $-0.03 |
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INVHNET
| Q4 25 | $685.3M | $614.5M | ||
| Q3 25 | $688.2M | $562.0M | ||
| Q2 25 | $681.4M | $512.3M | ||
| Q1 25 | $674.5M | $479.1M | ||
| Q4 24 | $659.1M | $459.9M | ||
| Q3 24 | $660.3M | $430.1M | ||
| Q2 24 | $653.5M | $401.0M | ||
| Q1 24 | $646.0M | $378.6M |
净利润INVHNET
| Q4 25 | $144.6M | $-12.1M | ||
| Q3 25 | $136.7M | $-1.3M | ||
| Q2 25 | $140.9M | $-50.4M | ||
| Q1 25 | $165.7M | $-38.5M | ||
| Q4 24 | $143.1M | $-12.8M | ||
| Q3 24 | $95.3M | $-15.3M | ||
| Q2 24 | $73.2M | $-15.1M | ||
| Q1 24 | $142.3M | $-35.5M |
毛利率INVHNET
| Q4 25 | — | 73.6% | ||
| Q3 25 | — | 74.0% | ||
| Q2 25 | — | 74.9% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.4% | ||
| Q3 24 | — | 77.7% | ||
| Q2 24 | — | 77.8% | ||
| Q1 24 | — | 77.5% |
营业利润率INVHNET
| Q4 25 | — | -8.0% | ||
| Q3 25 | — | -6.7% | ||
| Q2 25 | — | -13.1% | ||
| Q1 25 | — | -11.1% | ||
| Q4 24 | — | -7.5% | ||
| Q3 24 | — | -7.2% | ||
| Q2 24 | — | -8.7% | ||
| Q1 24 | — | -14.4% |
净利率INVHNET
| Q4 25 | 21.1% | -2.0% | ||
| Q3 25 | 19.9% | -0.2% | ||
| Q2 25 | 20.7% | -9.8% | ||
| Q1 25 | 24.6% | -8.0% | ||
| Q4 24 | 21.7% | -2.8% | ||
| Q3 24 | 14.4% | -3.6% | ||
| Q2 24 | 11.2% | -3.8% | ||
| Q1 24 | 22.0% | -9.4% |
每股收益（稀释后）INVHNET
| Q4 25 | $0.24 | $-0.03 | ||
| Q3 25 | $0.22 | $0.00 | ||
| Q2 25 | $0.23 | $-0.15 | ||
| Q1 25 | $0.27 | $-0.11 | ||
| Q4 24 | $0.24 | $-0.05 | ||
| Q3 24 | $0.15 | $-0.04 | ||
| Q2 24 | $0.12 | $-0.04 | ||
| Q1 24 | $0.23 | $-0.10 |
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 | $130.0M | $943.5M |
| 总债务越低越好 | $8.4B | — |
| 股东权益账面价值 | $9.5B | $1.5B |
| 总资产 | $18.7B | $6.0B |
| 负债/权益比越低杠杆越低 | 0.88× | — |
8季度趋势，按日历期对齐
现金及短期投资INVHNET
| Q4 25 | $130.0M | $943.5M | ||
| Q3 25 | $155.4M | $1.1B | ||
| Q2 25 | $65.1M | $1.5B | ||
| Q1 25 | $84.4M | $204.5M | ||
| Q4 24 | $174.5M | $147.7M | ||
| Q3 24 | $1.0B | $182.9M | ||
| Q2 24 | $749.4M | $157.0M | ||
| Q1 24 | $738.1M | $254.4M |
总债务INVHNET
| Q4 25 | $8.4B | — | ||
| Q3 25 | $8.2B | — | ||
| Q2 25 | $8.2B | — | ||
| Q1 25 | $8.1B | — | ||
| Q4 24 | $8.2B | — | ||
| Q3 24 | $9.0B | — | ||
| Q2 24 | $8.5B | — | ||
| Q1 24 | $8.5B | — |
股东权益INVHNET
| Q4 25 | $9.5B | $1.5B | ||
| Q3 25 | $9.6B | $1.3B | ||
| Q2 25 | $9.7B | $1.2B | ||
| Q1 25 | $9.7B | $1.4B | ||
| Q4 24 | $9.8B | $1.0B | ||
| Q3 24 | $9.9B | $973.1M | ||
| Q2 24 | $10.0B | $881.5M | ||
| Q1 24 | $10.1B | $797.2M |
总资产INVHNET
| Q4 25 | $18.7B | $6.0B | ||
| Q3 25 | $18.8B | $5.8B | ||
| Q2 25 | $18.7B | $5.6B | ||
| Q1 25 | $18.6B | $3.7B | ||
| Q4 24 | $18.7B | $3.3B | ||
| Q3 24 | $19.6B | $3.1B | ||
| Q2 24 | $19.2B | $2.9B | ||
| Q1 24 | $19.2B | $2.8B |
负债/权益比INVHNET
| Q4 25 | 0.88× | — | ||
| Q3 25 | 0.86× | — | ||
| Q2 25 | 0.85× | — | ||
| Q1 25 | 0.83× | — | ||
| Q4 24 | 0.84× | — | ||
| Q3 24 | 0.91× | — | ||
| Q2 24 | 0.85× | — | ||
| Q1 24 | 0.84× | — |
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 | $128.7M | $190.4M |
| 自由现金流经营现金流 - 资本支出 | $122.4M | $105.2M |
| 自由现金流率自由现金流/营收 | 17.9% | 17.1% |
| 资本支出强度资本支出/营收 | 0.9% | 13.9% |
| 现金转化率经营现金流/净利润 | 0.89× | — |
| 过去12个月自由现金流最近4个季度 | $1.2B | $287.5M |
8季度趋势，按日历期对齐
经营现金流INVHNET
| Q4 25 | $128.7M | $190.4M | ||
| Q3 25 | $394.6M | $167.1M | ||
| Q2 25 | $382.5M | $99.8M | ||
| Q1 25 | $300.5M | $145.8M | ||
| Q4 24 | $132.8M | $127.3M | ||
| Q3 24 | $313.6M | $104.7M | ||
| Q2 24 | $369.8M | $74.8M | ||
| Q1 24 | $265.6M | $73.6M |
自由现金流INVHNET
| Q4 25 | $122.4M | $105.2M | ||
| Q3 25 | $387.8M | $82.5M | ||
| Q2 25 | $374.4M | $39.9M | ||
| Q1 25 | $293.3M | $59.9M | ||
| Q4 24 | $125.0M | $54.2M | ||
| Q3 24 | $305.2M | $54.5M | ||
| Q2 24 | $363.8M | $45.2M | ||
| Q1 24 | $257.1M | $41.5M |
自由现金流率INVHNET
| Q4 25 | 17.9% | 17.1% | ||
| Q3 25 | 56.4% | 14.7% | ||
| Q2 25 | 54.9% | 7.8% | ||
| Q1 25 | 43.5% | 12.5% | ||
| Q4 24 | 19.0% | 11.8% | ||
| Q3 24 | 46.2% | 12.7% | ||
| Q2 24 | 55.7% | 11.3% | ||
| Q1 24 | 39.8% | 11.0% |
资本支出强度INVHNET
| Q4 25 | 0.9% | 13.9% | ||
| Q3 25 | 1.0% | 15.1% | ||
| Q2 25 | 1.2% | 11.7% | ||
| Q1 25 | 1.1% | 17.9% | ||
| Q4 24 | 1.2% | 15.9% | ||
| Q3 24 | 1.3% | 11.7% | ||
| Q2 24 | 0.9% | 7.4% | ||
| Q1 24 | 1.3% | 8.5% |
现金转化率INVHNET
| Q4 25 | 0.89× | — | ||
| Q3 25 | 2.89× | — | ||
| Q2 25 | 2.71× | — | ||
| Q1 25 | 1.81× | — | ||
| Q4 24 | 0.93× | — | ||
| Q3 24 | 3.29× | — | ||
| Q2 24 | 5.05× | — | ||
| Q1 24 | 1.87× | — |
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
INVH
暂无分部数据
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
