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JBG SMITH Properties（JBGS）与UNITIL CORP（UTL）财务数据对比。点击上方公司名可切换其他公司
UNITIL CORP的季度营收约是JBG SMITH Properties的1.3倍（$161.5M vs $127.6M），UNITIL CORP净利率更高（11.8% vs -18.1%，领先29.8%），UNITIL CORP同比增速更快（26.7% vs 5.7%），过去两年JBG SMITH Properties的营收复合增速更高（-2.9% vs -4.9%）
JBG SMITH Properties是一家总部位于马里兰州贝塞斯达的上市房地产投资信托公司，专注于持有并运营房地产资产，是美国商业地产领域的专业运营机构，面向市场提供多元化的不动产投资与管理服务。
Unitil是一家跨州电力与天然气公用事业公司，业务覆盖美国新罕布什尔州、马萨诸塞州与缅因州。公司最早前身是1849年在缅因州成立的波特兰煤气灯公司，现企业主体于1984年设立，总部位于新罕布什尔州。目前公司总市值约6.8651亿美元，为约10.24万电力客户、超7.59万天然气客户提供服务。
JBGS vs UTL — 直观对比
营收规模更大
UTL
是对方的1.3倍
$127.6M
营收增速更快
UTL
高出20.9%
5.7%
净利率更高
UTL
高出29.8%
-18.1%
两年增速更快
JBGS
近两年复合增速
-4.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $127.6M | $161.5M |
| 净利润 | $-23.0M | $19.0M |
| 毛利率 | — | — |
| 营业利润率 | — | 21.5% |
| 净利率 | -18.1% | 11.8% |
| 营收同比 | 5.7% | 26.7% |
| 净利润同比 | 57.1% | 21.8% |
| 每股收益（稀释后） | $-0.32 | $1.05 |
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JBGSUTL
| Q1 26 | $127.6M | — | ||
| Q4 25 | $127.6M | $161.5M | ||
| Q3 25 | $123.9M | $101.1M | ||
| Q2 25 | $126.5M | $102.6M | ||
| Q1 25 | $120.7M | $170.8M | ||
| Q4 24 | $130.8M | $127.5M | ||
| Q3 24 | $136.0M | $92.9M | ||
| Q2 24 | $135.3M | $95.7M |
净利润JBGSUTL
| Q1 26 | $-23.0M | — | ||
| Q4 25 | $-45.5M | $19.0M | ||
| Q3 25 | $-28.6M | $-300.0K | ||
| Q2 25 | $-19.2M | $4.0M | ||
| Q1 25 | $-45.7M | $27.5M | ||
| Q4 24 | $-59.9M | $15.6M | ||
| Q3 24 | $-27.0M | $0 | ||
| Q2 24 | $-24.4M | $4.3M |
营业利润率JBGSUTL
| Q1 26 | — | — | ||
| Q4 25 | -47.5% | 21.5% | ||
| Q3 25 | -27.5% | 6.9% | ||
| Q2 25 | -18.4% | 13.0% | ||
| Q1 25 | -44.7% | 27.0% | ||
| Q4 24 | -53.6% | 22.1% | ||
| Q3 24 | -22.4% | 6.2% | ||
| Q2 24 | -24.3% | 13.0% |
净利率JBGSUTL
| Q1 26 | -18.1% | — | ||
| Q4 25 | -35.7% | 11.8% | ||
| Q3 25 | -23.1% | -0.3% | ||
| Q2 25 | -15.2% | 3.9% | ||
| Q1 25 | -37.9% | 16.1% | ||
| Q4 24 | -45.8% | 12.2% | ||
| Q3 24 | -19.8% | — | ||
| Q2 24 | -18.0% | 4.5% |
每股收益（稀释后）JBGSUTL
| Q1 26 | $-0.32 | — | ||
| Q4 25 | $-0.76 | $1.05 | ||
| Q3 25 | $-0.48 | $-0.02 | ||
| Q2 25 | $-0.29 | $0.25 | ||
| Q1 25 | $-0.56 | $1.69 | ||
| Q4 24 | $-0.70 | $0.97 | ||
| Q3 24 | $-0.32 | $0.00 | ||
| Q2 24 | $-0.27 | $0.27 |
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 | — | $15.6M |
| 总债务越低越好 | — | $670.5M |
| 股东权益账面价值 | — | $609.6M |
| 总资产 | $4.3B | $2.1B |
| 负债/权益比越低杠杆越低 | — | 1.10× |
8季度趋势，按日历期对齐
现金及短期投资JBGSUTL
| Q1 26 | — | — | ||
| Q4 25 | $75.3M | $15.6M | ||
| Q3 25 | $64.4M | $14.6M | ||
| Q2 25 | $61.4M | $8.5M | ||
| Q1 25 | $81.3M | $10.2M | ||
| Q4 24 | $145.8M | $6.3M | ||
| Q3 24 | $137.0M | $6.3M | ||
| Q2 24 | $163.5M | $2.8M |
总债务JBGSUTL
| Q1 26 | — | — | ||
| Q4 25 | — | $670.5M | ||
| Q3 25 | — | $670.5M | ||
| Q2 25 | — | $640.7M | ||
| Q1 25 | — | $642.1M | ||
| Q4 24 | — | $643.3M | ||
| Q3 24 | — | $643.3M | ||
| Q2 24 | — | $511.3M |
股东权益JBGSUTL
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $609.6M | ||
| Q3 25 | $1.2B | $597.2M | ||
| Q2 25 | $1.3B | $532.8M | ||
| Q1 25 | $1.6B | $534.1M | ||
| Q4 24 | $1.8B | $512.5M | ||
| Q3 24 | $1.9B | $502.4M | ||
| Q2 24 | $2.0B | $508.8M |
总资产JBGSUTL
| Q1 26 | $4.3B | — | ||
| Q4 25 | $4.4B | $2.1B | ||
| Q3 25 | $4.4B | $1.9B | ||
| Q2 25 | $4.5B | $1.9B | ||
| Q1 25 | $4.7B | $1.9B | ||
| Q4 24 | $5.0B | $1.8B | ||
| Q3 24 | $5.2B | $1.7B | ||
| Q2 24 | $5.3B | $1.7B |
负债/权益比JBGSUTL
| Q1 26 | — | — | ||
| Q4 25 | — | 1.10× | ||
| Q3 25 | — | 1.12× | ||
| Q2 25 | — | 1.20× | ||
| Q1 25 | — | 1.20× | ||
| Q4 24 | — | 1.26× | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | — | 1.00× |
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 | — | $21.4M |
| 自由现金流经营现金流 - 资本支出 | — | $-36.3M |
| 自由现金流率自由现金流/营收 | — | -22.5% |
| 资本支出强度资本支出/营收 | — | 35.7% |
| 现金转化率经营现金流/净利润 | — | 1.13× |
| 过去12个月自由现金流最近4个季度 | — | $-53.8M |
8季度趋势，按日历期对齐
经营现金流JBGSUTL
| Q1 26 | — | — | ||
| Q4 25 | $73.3M | $21.4M | ||
| Q3 25 | $8.9M | $15.6M | ||
| Q2 25 | $18.8M | $42.2M | ||
| Q1 25 | $12.9M | $52.1M | ||
| Q4 24 | $129.4M | $23.3M | ||
| Q3 24 | $26.4M | $26.1M | ||
| Q2 24 | $23.8M | $49.9M |
自由现金流JBGSUTL
| Q1 26 | — | — | ||
| Q4 25 | — | $-36.3M | ||
| Q3 25 | — | $-39.0M | ||
| Q2 25 | — | $2.0M | ||
| Q1 25 | — | $19.5M | ||
| Q4 24 | — | $-32.3M | ||
| Q3 24 | — | $-31.3M | ||
| Q2 24 | — | $13.2M |
自由现金流率JBGSUTL
| Q1 26 | — | — | ||
| Q4 25 | — | -22.5% | ||
| Q3 25 | — | -38.6% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | 11.4% | ||
| Q4 24 | — | -25.3% | ||
| Q3 24 | — | -33.7% | ||
| Q2 24 | — | 13.8% |
资本支出强度JBGSUTL
| Q1 26 | — | — | ||
| Q4 25 | — | 35.7% | ||
| Q3 25 | — | 54.0% | ||
| Q2 25 | — | 39.2% | ||
| Q1 25 | — | 19.1% | ||
| Q4 24 | — | 43.6% | ||
| Q3 24 | — | 61.8% | ||
| Q2 24 | — | 38.3% |
现金转化率JBGSUTL
| Q1 26 | — | — | ||
| Q4 25 | — | 1.13× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 10.55× | ||
| Q1 25 | — | 1.89× | ||
| Q4 24 | — | 1.49× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 11.60× |
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
JBGS
| Property rental | $105.9M | 83% |
| Third-party real estate services, including reimbursements | $17.2M | 13% |
| Other revenue | $4.5M | 4% |
UTL
暂无分部数据
