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KKR Real Estate Finance Trust Inc.（KREF）与Mastech Digital, Inc.（MHH）财务数据对比。点击上方公司名可切换其他公司
Mastech Digital, Inc.的季度营收约是KKR Real Estate Finance Trust Inc.的1.8倍（$45.5M vs $25.8M），Mastech Digital, Inc.净利率更高（2.1% vs -101.7%，领先103.9%），Mastech Digital, Inc.同比增速更快（-10.4% vs -26.6%），过去两年Mastech Digital, Inc.的营收复合增速更高（-1.5% vs -18.8%）
KKR房地产金融信托公司是全球投资机构KKR旗下的专业房地产金融平台，主要发起、收购并管理优先担保商业地产贷款组合，抵押物多为美国各地的优质机构级商业地产，通过贷款利息收入为投资者提供稳定的经风险调整后的回报。
Mastech Digital, Inc.是一家专注数字化转型与信息技术服务的企业，总部位于美国宾夕法尼亚州匹兹堡，业务覆盖北美、中东、亚洲及日本地区，为各行业企业提供专业IT相关解决方案与服务。
KREF vs MHH — 直观对比
营收规模更大
MHH
是对方的1.8倍
$25.8M
营收增速更快
MHH
高出16.2%
-26.6%
净利率更高
MHH
高出103.9%
-101.7%
两年增速更快
MHH
近两年复合增速
-18.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $25.8M | $45.5M |
| 净利润 | $-26.2M | $972.0K |
| 毛利率 | — | 28.3% |
| 营业利润率 | -105.1% | 2.2% |
| 净利率 | -101.7% | 2.1% |
| 营收同比 | -26.6% | -10.4% |
| 净利润同比 | -229.6% | 227.3% |
| 每股收益（稀释后） | $-0.49 | $0.08 |
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KREFMHH
| Q4 25 | $25.8M | $45.5M | ||
| Q3 25 | $25.3M | $48.5M | ||
| Q2 25 | $30.2M | $49.1M | ||
| Q1 25 | $31.3M | $48.3M | ||
| Q4 24 | $35.1M | $50.7M | ||
| Q3 24 | $37.0M | $51.8M | ||
| Q2 24 | $40.4M | $49.5M | ||
| Q1 24 | $39.1M | $46.8M |
净利润KREFMHH
| Q4 25 | $-26.2M | $972.0K | ||
| Q3 25 | $13.8M | $941.0K | ||
| Q2 25 | $-29.7M | $135.0K | ||
| Q1 25 | $-4.9M | $-1.4M | ||
| Q4 24 | $20.3M | $297.0K | ||
| Q3 24 | $-7.4M | $1.9M | ||
| Q2 24 | $25.8M | $1.4M | ||
| Q1 24 | $-3.1M | $-161.0K |
毛利率KREFMHH
| Q4 25 | — | 28.3% | ||
| Q3 25 | — | 27.8% | ||
| Q2 25 | — | 28.1% | ||
| Q1 25 | — | 26.7% | ||
| Q4 24 | — | 29.0% | ||
| Q3 24 | — | 28.5% | ||
| Q2 24 | — | 28.2% | ||
| Q1 24 | — | 25.9% |
营业利润率KREFMHH
| Q4 25 | -105.1% | 2.2% | ||
| Q3 25 | 50.4% | 1.7% | ||
| Q2 25 | -101.3% | 0.1% | ||
| Q1 25 | -18.3% | -3.8% | ||
| Q4 24 | 55.8% | 0.1% | ||
| Q3 24 | -19.6% | 4.7% | ||
| Q2 24 | 63.3% | 3.4% | ||
| Q1 24 | -8.7% | -0.9% |
净利率KREFMHH
| Q4 25 | -101.7% | 2.1% | ||
| Q3 25 | 54.4% | 1.9% | ||
| Q2 25 | -98.5% | 0.3% | ||
| Q1 25 | -15.5% | -3.0% | ||
| Q4 24 | 57.7% | 0.6% | ||
| Q3 24 | -20.0% | 3.6% | ||
| Q2 24 | 63.9% | 2.8% | ||
| Q1 24 | -7.9% | -0.3% |
每股收益（稀释后）KREFMHH
| Q4 25 | $-0.49 | $0.08 | ||
| Q3 25 | $0.12 | $0.08 | ||
| Q2 25 | $-0.53 | $0.01 | ||
| Q1 25 | $-0.15 | $-0.12 | ||
| Q4 24 | $0.22 | $0.01 | ||
| Q3 24 | $-0.19 | $0.16 | ||
| Q2 24 | $0.29 | $0.12 | ||
| Q1 24 | $-0.13 | $-0.01 |
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 | $84.6M | $36.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.2B | $89.3M |
| 总资产 | $6.5B | $111.8M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资KREFMHH
| Q4 25 | $84.6M | $36.5M | ||
| Q3 25 | $204.1M | $32.7M | ||
| Q2 25 | $107.7M | $27.9M | ||
| Q1 25 | $106.4M | $24.7M | ||
| Q4 24 | $104.9M | $27.7M | ||
| Q3 24 | $108.8M | $23.9M | ||
| Q2 24 | $107.2M | $20.6M | ||
| Q1 24 | $106.5M | $19.4M |
股东权益KREFMHH
| Q4 25 | $1.2B | $89.3M | ||
| Q3 25 | $1.2B | $88.0M | ||
| Q2 25 | $1.2B | $87.8M | ||
| Q1 25 | $1.3B | $86.9M | ||
| Q4 24 | $1.3B | $87.4M | ||
| Q3 24 | $1.4B | $86.5M | ||
| Q2 24 | $1.4B | $84.0M | ||
| Q1 24 | $1.4B | $81.7M |
总资产KREFMHH
| Q4 25 | $6.5B | $111.8M | ||
| Q3 25 | $6.5B | $112.6M | ||
| Q2 25 | $6.8B | $110.4M | ||
| Q1 25 | $6.6B | $110.1M | ||
| Q4 24 | $6.4B | $111.5M | ||
| Q3 24 | $6.8B | $111.5M | ||
| Q2 24 | $7.1B | $107.5M | ||
| Q1 24 | $7.3B | $106.1M |
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 | $72.3M | $4.4M |
| 自由现金流经营现金流 - 资本支出 | — | $4.3M |
| 自由现金流率自由现金流/营收 | — | 9.5% |
| 资本支出强度资本支出/营收 | — | 0.1% |
| 现金转化率经营现金流/净利润 | — | 4.48× |
| 过去12个月自由现金流最近4个季度 | — | $10.8M |
8季度趋势，按日历期对齐
经营现金流KREFMHH
| Q4 25 | $72.3M | $4.4M | ||
| Q3 25 | $18.5M | $6.5M | ||
| Q2 25 | $21.1M | $3.3M | ||
| Q1 25 | $15.9M | $-3.0M | ||
| Q4 24 | $132.6M | $4.0M | ||
| Q3 24 | $49.1M | $3.3M | ||
| Q2 24 | $30.6M | $1.2M | ||
| Q1 24 | $34.5M | $-1.3M |
自由现金流KREFMHH
| Q4 25 | — | $4.3M | ||
| Q3 25 | — | $6.3M | ||
| Q2 25 | — | $3.2M | ||
| Q1 25 | — | $-3.1M | ||
| Q4 24 | — | $3.9M | ||
| Q3 24 | — | $3.2M | ||
| Q2 24 | — | $707.0K | ||
| Q1 24 | — | $-1.6M |
自由现金流率KREFMHH
| Q4 25 | — | 9.5% | ||
| Q3 25 | — | 13.0% | ||
| Q2 25 | — | 6.6% | ||
| Q1 25 | — | -6.4% | ||
| Q4 24 | — | 7.7% | ||
| Q3 24 | — | 6.2% | ||
| Q2 24 | — | 1.4% | ||
| Q1 24 | — | -3.4% |
资本支出强度KREFMHH
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 1.0% | ||
| Q1 24 | — | 0.6% |
现金转化率KREFMHH
| Q4 25 | — | 4.48× | ||
| Q3 25 | 1.34× | 6.88× | ||
| Q2 25 | — | 24.41× | ||
| Q1 25 | — | — | ||
| Q4 24 | 6.54× | 13.60× | ||
| Q3 24 | — | 1.76× | ||
| Q2 24 | 1.19× | 0.85× | ||
| Q1 24 | — | — |
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
KREF
暂无分部数据
MHH
| IT Staffing Services | $37.6M | 83% |
| Data And Analytics Services | $7.8M | 17% |
