vs
Invitation Homes（INVH）与ROKU, INC（ROKU）财务数据对比。点击上方公司名可切换其他公司
ROKU, INC的季度营收约是Invitation Homes的1.8倍（$1.2B vs $685.3M），Invitation Homes净利率更高（21.1% vs -2.2%，领先23.3%），Invitation Homes同比增速更快（4.0% vs -18.3%），ROKU, INC自由现金流更多（$298.4M vs $122.4M），过去两年ROKU, INC的营收复合增速更高（13.6% 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。
Roku是美国流媒体技术企业，2002年由安东尼·伍德创立，主营数字媒体播放器、电视硬件生产，流媒体内容分发及平台广告运营。截至2024年覆盖用户达1.45亿，是美国流媒体视频分发领域的市场领导者，业务覆盖澳、加、法、德、英及拉美多国。
INVH vs ROKU — 直观对比
营收规模更大
ROKU
是对方的1.8倍
$685.3M
营收增速更快
INVH
高出22.2%
-18.3%
净利率更高
INVH
高出23.3%
-2.2%
自由现金流更多
ROKU
多$176.0M
$122.4M
两年增速更快
ROKU
近两年复合增速
3.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $685.3M | $1.2B |
| 净利润 | $144.6M | $-27.4M |
| 毛利率 | — | 35.6% |
| 营业利润率 | — | 59.7% |
| 净利率 | 21.1% | -2.2% |
| 营收同比 | 4.0% | -18.3% |
| 净利润同比 | 1.0% | -361.0% |
| 每股收益（稀释后） | $0.24 | $0.57 |
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INVHROKU
| Q1 26 | — | $1.2B | ||
| Q4 25 | $685.3M | $1.4B | ||
| Q3 25 | $688.2M | $1.2B | ||
| Q2 25 | $681.4M | $1.1B | ||
| Q1 25 | $674.5M | $1.0B | ||
| Q4 24 | $659.1M | $1.2B | ||
| Q3 24 | $660.3M | $1.1B | ||
| Q2 24 | $653.5M | $968.2M |
净利润INVHROKU
| Q1 26 | — | $-27.4M | ||
| Q4 25 | $144.6M | $80.5M | ||
| Q3 25 | $136.7M | $24.8M | ||
| Q2 25 | $140.9M | $10.5M | ||
| Q1 25 | $165.7M | $-27.4M | ||
| Q4 24 | $143.1M | $-35.5M | ||
| Q3 24 | $95.3M | $-9.0M | ||
| Q2 24 | $73.2M | $-34.0M |
毛利率INVHROKU
| Q1 26 | — | 35.6% | ||
| Q4 25 | — | 43.5% | ||
| Q3 25 | — | 43.4% | ||
| Q2 25 | — | 44.8% | ||
| Q1 25 | — | 43.6% | ||
| Q4 24 | — | 42.7% | ||
| Q3 24 | — | 45.2% | ||
| Q2 24 | — | 43.9% |
营业利润率INVHROKU
| Q1 26 | — | 59.7% | ||
| Q4 25 | — | 4.7% | ||
| Q3 25 | — | 0.8% | ||
| Q2 25 | — | -2.1% | ||
| Q1 25 | — | -5.7% | ||
| Q4 24 | — | -3.3% | ||
| Q3 24 | — | -3.4% | ||
| Q2 24 | — | -7.4% |
净利率INVHROKU
| Q1 26 | — | -2.2% | ||
| Q4 25 | 21.1% | 5.8% | ||
| Q3 25 | 19.9% | 2.0% | ||
| Q2 25 | 20.7% | 0.9% | ||
| Q1 25 | 24.6% | -2.7% | ||
| Q4 24 | 21.7% | -3.0% | ||
| Q3 24 | 14.4% | -0.9% | ||
| Q2 24 | 11.2% | -3.5% |
每股收益（稀释后）INVHROKU
| Q1 26 | — | $0.57 | ||
| Q4 25 | $0.24 | $0.55 | ||
| Q3 25 | $0.22 | $0.16 | ||
| Q2 25 | $0.23 | $0.07 | ||
| Q1 25 | $0.27 | $-0.19 | ||
| Q4 24 | $0.24 | $-0.24 | ||
| Q3 24 | $0.15 | $-0.06 | ||
| Q2 24 | $0.12 | $-0.24 |
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 | $2.4B |
| 总债务越低越好 | $8.4B | — |
| 股东权益账面价值 | $9.5B | $2.7B |
| 总资产 | $18.7B | $4.4B |
| 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INVHROKU
| Q1 26 | — | $2.4B | ||
| Q4 25 | $130.0M | $2.3B | ||
| Q3 25 | $155.4M | $2.3B | ||
| Q2 25 | $65.1M | $2.3B | ||
| Q1 25 | $84.4M | $2.3B | ||
| Q4 24 | $174.5M | $2.2B | ||
| Q3 24 | $1.0B | $2.1B | ||
| Q2 24 | $749.4M | $2.1B |
总债务INVHROKU
| Q1 26 | — | — | ||
| 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 | — |
股东权益INVHROKU
| Q1 26 | — | $2.7B | ||
| Q4 25 | $9.5B | $2.7B | ||
| Q3 25 | $9.6B | $2.6B | ||
| Q2 25 | $9.7B | $2.6B | ||
| Q1 25 | $9.7B | $2.5B | ||
| Q4 24 | $9.8B | $2.5B | ||
| Q3 24 | $9.9B | $2.5B | ||
| Q2 24 | $10.0B | $2.4B |
总资产INVHROKU
| Q1 26 | — | $4.4B | ||
| Q4 25 | $18.7B | $4.4B | ||
| Q3 25 | $18.8B | $4.4B | ||
| Q2 25 | $18.7B | $4.3B | ||
| Q1 25 | $18.6B | $4.2B | ||
| Q4 24 | $18.7B | $4.3B | ||
| Q3 24 | $19.6B | $4.3B | ||
| Q2 24 | $19.2B | $4.1B |
负债/权益比INVHROKU
| Q1 26 | — | — | ||
| 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× | — |
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 | $199.1M |
| 自由现金流经营现金流 - 资本支出 | $122.4M | $298.4M |
| 自由现金流率自由现金流/营收 | 17.9% | 23.9% |
| 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× | — |
| 过去12个月自由现金流最近4个季度 | $1.2B | $640.0M |
8季度趋势，按日历期对齐
经营现金流INVHROKU
| Q1 26 | — | $199.1M | ||
| Q4 25 | $128.7M | $107.7M | ||
| Q3 25 | $394.6M | $127.6M | ||
| Q2 25 | $382.5M | $109.7M | ||
| Q1 25 | $300.5M | $138.7M | ||
| Q4 24 | $132.8M | $79.3M | ||
| Q3 24 | $313.6M | $68.7M | ||
| Q2 24 | $369.8M | $23.4M |
自由现金流INVHROKU
| Q1 26 | — | $298.4M | ||
| Q4 25 | $122.4M | $106.6M | ||
| Q3 25 | $387.8M | $126.5M | ||
| Q2 25 | $374.4M | $108.6M | ||
| Q1 25 | $293.3M | $136.8M | ||
| Q4 24 | $125.0M | $76.8M | ||
| Q3 24 | $305.2M | $67.6M | ||
| Q2 24 | $363.8M | $22.5M |
自由现金流率INVHROKU
| Q1 26 | — | 23.9% | ||
| Q4 25 | 17.9% | 7.6% | ||
| Q3 25 | 56.4% | 10.4% | ||
| Q2 25 | 54.9% | 9.8% | ||
| Q1 25 | 43.5% | 13.4% | ||
| Q4 24 | 19.0% | 6.4% | ||
| Q3 24 | 46.2% | 6.4% | ||
| Q2 24 | 55.7% | 2.3% |
资本支出强度INVHROKU
| Q1 26 | — | — | ||
| Q4 25 | 0.9% | 0.1% | ||
| Q3 25 | 1.0% | 0.1% | ||
| Q2 25 | 1.2% | 0.1% | ||
| Q1 25 | 1.1% | 0.2% | ||
| Q4 24 | 1.2% | 0.2% | ||
| Q3 24 | 1.3% | 0.1% | ||
| Q2 24 | 0.9% | 0.1% |
现金转化率INVHROKU
| Q1 26 | — | — | ||
| Q4 25 | 0.89× | 1.34× | ||
| Q3 25 | 2.89× | 5.14× | ||
| Q2 25 | 2.71× | 10.45× | ||
| Q1 25 | 1.81× | — | ||
| Q4 24 | 0.93× | — | ||
| Q3 24 | 3.29× | — | ||
| Q2 24 | 5.05× | — |
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
ROKU
| Advertising | $612.7M | 49% |
| Subscriptions | $518.5M | 42% |
| Devices | $117.6M | 9% |
