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Kimco Realty（KIM）与Mid-America Apartment Communities（MAA）财务数据对比。点击上方公司名可切换其他公司
Mid-America Apartment Communities的季度营收约是Kimco Realty的1.0倍（$555.6M vs $542.5M），Kimco Realty净利率更高（27.9% vs 10.4%，领先17.5%），Kimco Realty同比增速更快（3.2% vs 1.0%），过去两年Kimco Realty的营收复合增速更高（3.8% vs 1.1%）
Kimco Realty是总部位于美国纽约州杰里科的房地产投资信托企业，核心投资领域为购物中心类商业地产，在商业不动产投资及运营领域积累了深厚的行业经验与资源优势。
Mid-America Apartment Communities（股票代码：MAA）是一家公开上市的房地产投资信托基金，总部位于美国田纳西州孟菲斯市，核心业务为投资美国东南部及西南部地区的公寓物业，深耕美国高增长区域住宅不动产赛道，为股东创造稳定的长期投资回报。
KIM vs MAA — 直观对比
营收规模更大
MAA
是对方的1.0倍
$542.5M
营收增速更快
KIM
高出2.2%
1.0%
净利率更高
KIM
高出17.5%
10.4%
两年增速更快
KIM
近两年复合增速
1.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $542.5M | $555.6M |
| 净利润 | $151.2M | $57.6M |
| 毛利率 | — | — |
| 营业利润率 | 36.4% | 10.4% |
| 净利率 | 27.9% | 10.4% |
| 营收同比 | 3.2% | 1.0% |
| 净利润同比 | -9.0% | -65.5% |
| 每股收益（稀释后） | — | $0.48 |
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KIMMAA
| Q4 25 | $542.5M | $555.6M | ||
| Q3 25 | $535.9M | $554.4M | ||
| Q2 25 | $525.2M | $549.9M | ||
| Q1 25 | $536.6M | $549.3M | ||
| Q4 24 | $525.4M | $549.8M | ||
| Q3 24 | $507.6M | $551.1M | ||
| Q2 24 | $500.2M | $546.4M | ||
| Q1 24 | $503.8M | $543.6M |
净利润KIMMAA
| Q4 25 | $151.2M | $57.6M | ||
| Q3 25 | $137.8M | $99.5M | ||
| Q2 25 | $163.0M | $108.1M | ||
| Q1 25 | $132.8M | $181.7M | ||
| Q4 24 | $166.0M | $166.6M | ||
| Q3 24 | $136.0M | $115.2M | ||
| Q2 24 | $119.7M | $102.0M | ||
| Q1 24 | $-11.0M | $143.7M |
营业利润率KIMMAA
| Q4 25 | 36.4% | 10.4% | ||
| Q3 25 | 34.9% | 18.7% | ||
| Q2 25 | 39.2% | 20.2% | ||
| Q1 25 | 33.6% | 34.0% | ||
| Q4 24 | 31.7% | 31.3% | ||
| Q3 24 | 33.7% | 21.5% | ||
| Q2 24 | 32.1% | 19.3% | ||
| Q1 24 | 25.9% | 27.4% |
净利率KIMMAA
| Q4 25 | 27.9% | 10.4% | ||
| Q3 25 | 25.7% | 18.0% | ||
| Q2 25 | 31.0% | 19.7% | ||
| Q1 25 | 24.8% | 33.1% | ||
| Q4 24 | 31.6% | 30.3% | ||
| Q3 24 | 26.8% | 20.9% | ||
| Q2 24 | 23.9% | 18.7% | ||
| Q1 24 | -2.2% | 26.4% |
每股收益（稀释后）KIMMAA
| Q4 25 | — | $0.48 | ||
| Q3 25 | — | $0.84 | ||
| Q2 25 | — | $0.92 | ||
| Q1 25 | — | $1.54 | ||
| Q4 24 | — | $1.43 | ||
| Q3 24 | — | $0.98 | ||
| Q2 24 | — | $0.86 | ||
| Q1 24 | — | $1.22 |
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 | $211.6M | $60.3M |
| 总债务越低越好 | $7.7B | — |
| 股东权益账面价值 | $10.4B | $5.7B |
| 总资产 | $19.7B | $12.0B |
| 负债/权益比越低杠杆越低 | 0.74× | — |
8季度趋势，按日历期对齐
现金及短期投资KIMMAA
| Q4 25 | $211.6M | $60.3M | ||
| Q3 25 | $159.3M | $32.2M | ||
| Q2 25 | $226.6M | $54.5M | ||
| Q1 25 | $131.3M | $55.8M | ||
| Q4 24 | $688.6M | $43.0M | ||
| Q3 24 | $789.0M | $50.2M | ||
| Q2 24 | $126.4M | $62.8M | ||
| Q1 24 | $133.4M | $54.6M |
总债务KIMMAA
| Q4 25 | $7.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.0B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益KIMMAA
| Q4 25 | $10.4B | $5.7B | ||
| Q3 25 | $10.5B | $5.8B | ||
| Q2 25 | $10.5B | $5.9B | ||
| Q1 25 | $10.6B | $5.9B | ||
| Q4 24 | $10.7B | $5.9B | ||
| Q3 24 | $10.5B | $5.9B | ||
| Q2 24 | $10.6B | $6.0B | ||
| Q1 24 | $10.6B | $6.1B |
总资产KIMMAA
| Q4 25 | $19.7B | $12.0B | ||
| Q3 25 | $19.9B | $11.9B | ||
| Q2 25 | $19.8B | $11.8B | ||
| Q1 25 | $19.7B | $11.8B | ||
| Q4 24 | $20.3B | $11.8B | ||
| Q3 24 | $20.1B | $11.8B | ||
| Q2 24 | $19.5B | $11.6B | ||
| Q1 24 | $19.5B | $11.5B |
负债/权益比KIMMAA
| Q4 25 | 0.74× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.75× | — | ||
| 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 | $258.4M | $261.7M |
| 自由现金流经营现金流 - 资本支出 | — | $158.6M |
| 自由现金流率自由现金流/营收 | — | 28.5% |
| 资本支出强度资本支出/营收 | 0.0% | 18.6% |
| 现金转化率经营现金流/净利润 | 1.71× | 4.55× |
| 过去12个月自由现金流最近4个季度 | — | $717.9M |
8季度趋势，按日历期对齐
经营现金流KIMMAA
| Q4 25 | $258.4M | $261.7M | ||
| Q3 25 | $332.4M | $266.4M | ||
| Q2 25 | $305.4M | $353.4M | ||
| Q1 25 | $223.8M | $196.6M | ||
| Q4 24 | $239.5M | $239.1M | ||
| Q3 24 | $295.9M | $309.5M | ||
| Q2 24 | $294.1M | $349.4M | ||
| Q1 24 | $176.1M | $200.3M |
自由现金流KIMMAA
| Q4 25 | — | $158.6M | ||
| Q3 25 | — | $170.8M | ||
| Q2 25 | — | $264.5M | ||
| Q1 25 | $205.4M | $124.0M | ||
| Q4 24 | — | $152.6M | ||
| Q3 24 | — | $215.5M | ||
| Q2 24 | — | $259.7M | ||
| Q1 24 | — | $148.2M |
自由现金流率KIMMAA
| Q4 25 | — | 28.5% | ||
| Q3 25 | — | 30.8% | ||
| Q2 25 | — | 48.1% | ||
| Q1 25 | 38.3% | 22.6% | ||
| Q4 24 | — | 27.8% | ||
| Q3 24 | — | 39.1% | ||
| Q2 24 | — | 47.5% | ||
| Q1 24 | — | 27.3% |
资本支出强度KIMMAA
| Q4 25 | 0.0% | 18.6% | ||
| Q3 25 | 0.0% | 17.2% | ||
| Q2 25 | 0.0% | 16.2% | ||
| Q1 25 | 3.4% | 13.2% | ||
| Q4 24 | — | 15.7% | ||
| Q3 24 | — | 17.1% | ||
| Q2 24 | — | 16.4% | ||
| Q1 24 | — | 9.6% |
现金转化率KIMMAA
| Q4 25 | 1.71× | 4.55× | ||
| Q3 25 | 2.41× | 2.68× | ||
| Q2 25 | 1.87× | 3.27× | ||
| Q1 25 | 1.69× | 1.08× | ||
| Q4 24 | 1.44× | 1.43× | ||
| Q3 24 | 2.18× | 2.69× | ||
| Q2 24 | 2.46× | 3.43× | ||
| Q1 24 | — | 1.39× |
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
KIM
暂无分部数据
MAA
| Same Store | $515.5M | 93% |
| Non Same Store And Other | $36.8M | 7% |
