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KKR Real Estate Finance Trust Inc.（KREF）与Stabilis Solutions, Inc.（SLNG）财务数据对比。点击上方公司名可切换其他公司
KKR Real Estate Finance Trust Inc.的季度营收约是Stabilis Solutions, Inc.的1.9倍（$25.8M vs $13.3M），Stabilis Solutions, Inc.净利率更高（-2.0% vs -101.7%，领先99.8%），Stabilis Solutions, Inc.同比增速更快（-23.3% vs -26.6%），过去两年Stabilis Solutions, Inc.的营收复合增速更高（-18.1% 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。
Stabilis Solutions是北美领先的小型液化天然气（LNG）生产及分销企业，为美国、加拿大的工业、远程供电、交通运输及商业客户提供LNG燃料、低温服务和全周期能源解决方案，助力低排放能源转型推进。
KREF vs SLNG — 直观对比
营收规模更大
KREF
是对方的1.9倍
$13.3M
营收增速更快
SLNG
高出3.3%
-26.6%
净利率更高
SLNG
高出99.8%
-101.7%
两年增速更快
SLNG
近两年复合增速
-18.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $25.8M | $13.3M |
| 净利润 | $-26.2M | $-262.0K |
| 毛利率 | — | 24.7% |
| 营业利润率 | -105.1% | -2.4% |
| 净利率 | -101.7% | -2.0% |
| 营收同比 | -26.6% | -23.3% |
| 净利润同比 | -229.6% | -112.4% |
| 每股收益（稀释后） | $-0.49 | — |
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KREFSLNG
| Q4 25 | $25.8M | $13.3M | ||
| Q3 25 | $25.3M | $20.3M | ||
| Q2 25 | $30.2M | $17.3M | ||
| Q1 25 | $31.3M | $17.3M | ||
| Q4 24 | $35.1M | $17.3M | ||
| Q3 24 | $37.0M | $17.6M | ||
| Q2 24 | $40.4M | $18.6M | ||
| Q1 24 | $39.1M | $19.8M |
净利润KREFSLNG
| Q4 25 | $-26.2M | $-262.0K | ||
| Q3 25 | $13.8M | $1.1M | ||
| Q2 25 | $-29.7M | $-613.0K | ||
| Q1 25 | $-4.9M | $-1.6M | ||
| Q4 24 | $20.3M | $2.1M | ||
| Q3 24 | $-7.4M | $997.0K | ||
| Q2 24 | $25.8M | $27.0K | ||
| Q1 24 | $-3.1M | $1.5M |
毛利率KREFSLNG
| Q4 25 | — | 24.7% | ||
| Q3 25 | — | 27.6% | ||
| Q2 25 | — | 26.5% | ||
| Q1 25 | — | 26.2% | ||
| Q4 24 | — | 28.5% | ||
| Q3 24 | — | 28.3% | ||
| Q2 24 | — | 27.1% | ||
| Q1 24 | — | 31.6% |
营业利润率KREFSLNG
| Q4 25 | -105.1% | -2.4% | ||
| Q3 25 | 50.4% | 5.5% | ||
| Q2 25 | -101.3% | -2.4% | ||
| Q1 25 | -18.3% | -9.7% | ||
| Q4 24 | 55.8% | 12.8% | ||
| Q3 24 | -19.6% | 5.0% | ||
| Q2 24 | 63.3% | 2.4% | ||
| Q1 24 | -8.7% | 7.8% |
净利率KREFSLNG
| Q4 25 | -101.7% | -2.0% | ||
| Q3 25 | 54.4% | 5.5% | ||
| Q2 25 | -98.5% | -3.5% | ||
| Q1 25 | -15.5% | -9.2% | ||
| Q4 24 | 57.7% | 12.2% | ||
| Q3 24 | -20.0% | 5.7% | ||
| Q2 24 | 63.9% | 0.1% | ||
| Q1 24 | -7.9% | 7.4% |
每股收益（稀释后）KREFSLNG
| Q4 25 | $-0.49 | — | ||
| Q3 25 | $0.12 | $0.06 | ||
| Q2 25 | $-0.53 | $-0.03 | ||
| Q1 25 | $-0.15 | $-0.09 | ||
| Q4 24 | $0.22 | $0.12 | ||
| Q3 24 | $-0.19 | $0.05 | ||
| Q2 24 | $0.29 | $0.00 | ||
| Q1 24 | $-0.13 | $0.08 |
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 | $7.5M |
| 总债务越低越好 | — | $7.9M |
| 股东权益账面价值 | $1.2B | $66.7M |
| 总资产 | $6.5B | $83.1M |
| 负债/权益比越低杠杆越低 | — | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资KREFSLNG
| Q4 25 | $84.6M | $7.5M | ||
| Q3 25 | $204.1M | $10.3M | ||
| Q2 25 | $107.7M | $12.2M | ||
| Q1 25 | $106.4M | $9.0M | ||
| Q4 24 | $104.9M | $9.0M | ||
| Q3 24 | $108.8M | $12.4M | ||
| Q2 24 | $107.2M | $11.5M | ||
| Q1 24 | $106.5M | $8.3M |
总债务KREFSLNG
| Q4 25 | — | $7.9M | ||
| Q3 25 | — | $8.3M | ||
| Q2 25 | — | $7.6M | ||
| Q1 25 | — | $8.3M | ||
| Q4 24 | — | $8.9M | ||
| Q3 24 | — | $9.3M | ||
| Q2 24 | — | $8.6M | ||
| Q1 24 | — | $9.1M |
股东权益KREFSLNG
| Q4 25 | $1.2B | $66.7M | ||
| Q3 25 | $1.2B | $66.7M | ||
| Q2 25 | $1.2B | $65.5M | ||
| Q1 25 | $1.3B | $65.9M | ||
| Q4 24 | $1.3B | $67.0M | ||
| Q3 24 | $1.4B | $65.4M | ||
| Q2 24 | $1.4B | $63.7M | ||
| Q1 24 | $1.4B | $63.2M |
总资产KREFSLNG
| Q4 25 | $6.5B | $83.1M | ||
| Q3 25 | $6.5B | $87.1M | ||
| Q2 25 | $6.8B | $83.2M | ||
| Q1 25 | $6.6B | $83.1M | ||
| Q4 24 | $6.4B | $85.6M | ||
| Q3 24 | $6.8B | $89.3M | ||
| Q2 24 | $7.1B | $82.6M | ||
| Q1 24 | $7.3B | $80.6M |
负债/权益比KREFSLNG
| Q4 25 | — | 0.12× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | — | 0.12× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | — | 0.14× | ||
| Q2 24 | — | 0.13× | ||
| Q1 24 | — | 0.14× |
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 | $669.0K |
| 自由现金流经营现金流 - 资本支出 | — | $-2.5M |
| 自由现金流率自由现金流/营收 | — | -18.6% |
| 资本支出强度资本支出/营收 | — | 23.7% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $462.0K |
8季度趋势，按日历期对齐
经营现金流KREFSLNG
| Q4 25 | $72.3M | $669.0K | ||
| Q3 25 | $18.5M | $2.4M | ||
| Q2 25 | $21.1M | $4.5M | ||
| Q1 25 | $15.9M | $1.0M | ||
| Q4 24 | $132.6M | $2.2M | ||
| Q3 24 | $49.1M | $2.6M | ||
| Q2 24 | $30.6M | $5.0M | ||
| Q1 24 | $34.5M | $3.9M |
自由现金流KREFSLNG
| Q4 25 | — | $-2.5M | ||
| Q3 25 | — | $-1.5M | ||
| Q2 25 | — | $3.9M | ||
| Q1 25 | — | $538.0K | ||
| Q4 24 | — | $-3.4M | ||
| Q3 24 | — | $1.2M | ||
| Q2 24 | — | $3.7M | ||
| Q1 24 | — | $3.1M |
自由现金流率KREFSLNG
| Q4 25 | — | -18.6% | ||
| Q3 25 | — | -7.3% | ||
| Q2 25 | — | 22.4% | ||
| Q1 25 | — | 3.1% | ||
| Q4 24 | — | -19.7% | ||
| Q3 24 | — | 7.1% | ||
| Q2 24 | — | 19.7% | ||
| Q1 24 | — | 15.5% |
资本支出强度KREFSLNG
| Q4 25 | — | 23.7% | ||
| Q3 25 | — | 19.1% | ||
| Q2 25 | — | 3.7% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | — | 32.3% | ||
| Q3 24 | — | 7.4% | ||
| Q2 24 | — | 7.4% | ||
| Q1 24 | — | 4.4% |
现金转化率KREFSLNG
| Q4 25 | — | — | ||
| Q3 25 | 1.34× | 2.14× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 6.54× | 1.03× | ||
| Q3 24 | — | 2.56× | ||
| Q2 24 | 1.19× | 186.59× | ||
| Q1 24 | — | 2.67× |
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
SLNG
| Natural Gas Gathering Transportation Marketing And Processing | $11.1M | 84% |
| Other | $1.3M | 10% |
| Services | $897.0K | 7% |
