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Invitation Homes（INVH）与PACS Group, Inc.（PACS）财务数据对比。点击上方公司名可切换其他公司
PACS Group, Inc.的季度营收约是Invitation Homes的2.0倍（$1.4B vs $685.3M），Invitation Homes净利率更高（21.1% vs 4.4%，领先16.7%），PACS Group, Inc.同比增速更快（18.4% vs 4.0%），过去两年PACS Group, Inc.的营收复合增速更高（20.5% 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。
INVH vs PACS — 直观对比
营收规模更大
PACS
是对方的2.0倍
$685.3M
营收增速更快
PACS
高出14.4%
4.0%
净利率更高
INVH
高出16.7%
4.4%
两年增速更快
PACS
近两年复合增速
3.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $685.3M | $1.4B |
| 净利润 | $144.6M | $59.7M |
| 毛利率 | — | — |
| 营业利润率 | — | 7.0% |
| 净利率 | 21.1% | 4.4% |
| 营收同比 | 4.0% | 18.4% |
| 净利润同比 | 1.0% | 3022.5% |
| 每股收益（稀释后） | $0.24 | $0.42 |
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INVHPACS
| Q4 25 | $685.3M | $1.4B | ||
| Q3 25 | $688.2M | $1.3B | ||
| Q2 25 | $681.4M | $1.3B | ||
| Q1 25 | $674.5M | $1.3B | ||
| Q4 24 | $659.1M | $1.1B | ||
| Q3 24 | $660.3M | $1.0B | ||
| Q2 24 | $653.5M | $981.4M | ||
| Q1 24 | $646.0M | $934.3M |
净利润INVHPACS
| Q4 25 | $144.6M | $59.7M | ||
| Q3 25 | $136.7M | $52.4M | ||
| Q2 25 | $140.9M | $51.0M | ||
| Q1 25 | $165.7M | $28.5M | ||
| Q4 24 | $143.1M | $1.9M | ||
| Q3 24 | $95.3M | $15.6M | ||
| Q2 24 | $73.2M | $-10.9M | ||
| Q1 24 | $142.3M | $49.1M |
毛利率INVHPACS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 17.1% | ||
| Q2 24 | — | 22.3% | ||
| Q1 24 | — | 21.2% |
营业利润率INVHPACS
| Q4 25 | — | 7.0% | ||
| Q3 25 | — | 6.4% | ||
| Q2 25 | — | 6.2% | ||
| Q1 25 | — | 3.8% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | — | 2.2% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 8.6% |
净利率INVHPACS
| Q4 25 | 21.1% | 4.4% | ||
| Q3 25 | 19.9% | 3.9% | ||
| Q2 25 | 20.7% | 3.9% | ||
| Q1 25 | 24.6% | 2.2% | ||
| Q4 24 | 21.7% | 0.2% | ||
| Q3 24 | 14.4% | 1.5% | ||
| Q2 24 | 11.2% | -1.1% | ||
| Q1 24 | 22.0% | 5.3% |
每股收益（稀释后）INVHPACS
| Q4 25 | $0.24 | $0.42 | ||
| Q3 25 | $0.22 | $0.32 | ||
| Q2 25 | $0.23 | $0.31 | ||
| Q1 25 | $0.27 | $0.17 | ||
| Q4 24 | $0.24 | $-0.03 | ||
| Q3 24 | $0.15 | $0.10 | ||
| Q2 24 | $0.12 | $-0.07 | ||
| Q1 24 | $0.23 | $0.38 |
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 | $197.0M |
| 总债务越低越好 | $8.4B | $353.2M |
| 股东权益账面价值 | $9.5B | $946.8M |
| 总资产 | $18.7B | $5.6B |
| 负债/权益比越低杠杆越低 | 0.88× | 0.37× |
8季度趋势，按日历期对齐
现金及短期投资INVHPACS
| Q4 25 | $130.0M | $197.0M | ||
| Q3 25 | $155.4M | $355.7M | ||
| Q2 25 | $65.1M | $294.2M | ||
| Q1 25 | $84.4M | $287.5M | ||
| Q4 24 | $174.5M | $157.7M | ||
| Q3 24 | $1.0B | $49.5M | ||
| Q2 24 | $749.4M | $73.4M | ||
| Q1 24 | $738.1M | $81.2M |
总债务INVHPACS
| Q4 25 | $8.4B | $353.2M | ||
| Q3 25 | $8.2B | — | ||
| Q2 25 | $8.2B | — | ||
| Q1 25 | $8.1B | — | ||
| Q4 24 | $8.2B | $411.9M | ||
| Q3 24 | $9.0B | — | ||
| Q2 24 | $8.5B | — | ||
| Q1 24 | $8.5B | — |
股东权益INVHPACS
| Q4 25 | $9.5B | $946.8M | ||
| Q3 25 | $9.6B | $871.3M | ||
| Q2 25 | $9.7B | $806.8M | ||
| Q1 25 | $9.7B | $750.2M | ||
| Q4 24 | $9.8B | $709.6M | ||
| Q3 24 | $9.9B | $660.0M | ||
| Q2 24 | $10.0B | $572.1M | ||
| Q1 24 | $10.1B | $128.0M |
总资产INVHPACS
| Q4 25 | $18.7B | $5.6B | ||
| Q3 25 | $18.8B | $5.6B | ||
| Q2 25 | $18.7B | $5.5B | ||
| Q1 25 | $18.6B | $5.5B | ||
| Q4 24 | $18.7B | $5.2B | ||
| Q3 24 | $19.6B | $4.5B | ||
| Q2 24 | $19.2B | $3.9B | ||
| Q1 24 | $19.2B | $3.9B |
负债/权益比INVHPACS
| Q4 25 | 0.88× | 0.37× | ||
| Q3 25 | 0.86× | — | ||
| Q2 25 | 0.85× | — | ||
| Q1 25 | 0.83× | — | ||
| Q4 24 | 0.84× | 0.58× | ||
| 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 | $-3.4M |
| 自由现金流经营现金流 - 资本支出 | $122.4M | — |
| 自由现金流率自由现金流/营收 | 17.9% | — |
| 资本支出强度资本支出/营收 | 0.9% | — |
| 现金转化率经营现金流/净利润 | 0.89× | -0.06× |
| 过去12个月自由现金流最近4个季度 | $1.2B | — |
8季度趋势，按日历期对齐
经营现金流INVHPACS
| Q4 25 | $128.7M | $-3.4M | ||
| Q3 25 | $394.6M | $204.8M | ||
| Q2 25 | $382.5M | $52.6M | ||
| Q1 25 | $300.5M | $150.2M | ||
| Q4 24 | $132.8M | $64.6M | ||
| Q3 24 | $313.6M | $209.2M | ||
| Q2 24 | $369.8M | $34.8M | ||
| Q1 24 | $265.6M | $58.8M |
自由现金流INVHPACS
| Q4 25 | $122.4M | — | ||
| Q3 25 | $387.8M | — | ||
| Q2 25 | $374.4M | — | ||
| Q1 25 | $293.3M | — | ||
| Q4 24 | $125.0M | — | ||
| Q3 24 | $305.2M | — | ||
| Q2 24 | $363.8M | — | ||
| Q1 24 | $257.1M | — |
自由现金流率INVHPACS
| Q4 25 | 17.9% | — | ||
| Q3 25 | 56.4% | — | ||
| Q2 25 | 54.9% | — | ||
| Q1 25 | 43.5% | — | ||
| Q4 24 | 19.0% | — | ||
| Q3 24 | 46.2% | — | ||
| Q2 24 | 55.7% | — | ||
| Q1 24 | 39.8% | — |
资本支出强度INVHPACS
| Q4 25 | 0.9% | — | ||
| Q3 25 | 1.0% | — | ||
| Q2 25 | 1.2% | — | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | 1.2% | — | ||
| Q3 24 | 1.3% | — | ||
| Q2 24 | 0.9% | — | ||
| Q1 24 | 1.3% | — |
现金转化率INVHPACS
| Q4 25 | 0.89× | -0.06× | ||
| Q3 25 | 2.89× | 3.91× | ||
| Q2 25 | 2.71× | 1.03× | ||
| Q1 25 | 1.81× | 5.28× | ||
| Q4 24 | 0.93× | 33.78× | ||
| Q3 24 | 3.29× | 13.39× | ||
| Q2 24 | 5.05× | — | ||
| Q1 24 | 1.87× | 1.20× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
