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LGI Homes, Inc.（LGIH）与W. P. Carey Inc.（WPC）财务数据对比。点击上方公司名可切换其他公司
LGI Homes, Inc.的季度营收约是W. P. Carey Inc.的1.1倍（$474.0M vs $444.5M），W. P. Carey Inc.净利率更高（33.4% vs 3.7%，领先29.7%），W. P. Carey Inc.同比增速更快（9.4% vs -15.0%），过去两年LGI Homes, Inc.的营收复合增速更高（10.1% vs 6.8%）
LGI Homes是一家总部位于美国得克萨斯州的新建住宅开发商，业务聚焦美国西南部地区。据《建筑商》杂志统计，该公司目前是美国第十大住宅建筑商，2019年共交付房屋7690套，较2018年增长18.1%，全年房屋销售营收达18亿美元，行业规模位居美国前列。
W.P.凯里是一家房地产投资信托企业，主打投资以三净租赁模式租予单一租户的物业。公司注册地位于美国马里兰州，核心办公地点设在纽约市，深耕商业地产投资领域，拥有成熟的运营经验与优质的项目资源。
LGIH vs WPC — 直观对比
营收规模更大
LGIH
是对方的1.1倍
$444.5M
营收增速更快
WPC
高出24.4%
-15.0%
净利率更高
WPC
高出29.7%
3.7%
两年增速更快
LGIH
近两年复合增速
6.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $474.0M | $444.5M |
| 净利润 | $17.3M | $148.3M |
| 毛利率 | 17.7% | — |
| 营业利润率 | 3.9% | 34.5% |
| 净利率 | 3.7% | 33.4% |
| 营收同比 | -15.0% | 9.4% |
| 净利润同比 | -66.0% | 215.4% |
| 每股收益（稀释后） | $0.74 | — |
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LGIHWPC
| Q4 25 | $474.0M | $444.5M | ||
| Q3 25 | $396.6M | $431.3M | ||
| Q2 25 | $483.5M | $430.8M | ||
| Q1 25 | $351.4M | $409.9M | ||
| Q4 24 | $557.4M | $406.2M | ||
| Q3 24 | $651.9M | $397.4M | ||
| Q2 24 | $602.5M | $389.7M | ||
| Q1 24 | $390.9M | $389.8M |
净利润LGIHWPC
| Q4 25 | $17.3M | $148.3M | ||
| Q3 25 | $19.7M | $141.0M | ||
| Q2 25 | $31.5M | $51.2M | ||
| Q1 25 | $4.0M | $125.8M | ||
| Q4 24 | $50.9M | $47.0M | ||
| Q3 24 | $69.6M | $111.7M | ||
| Q2 24 | $58.6M | $142.9M | ||
| Q1 24 | $17.1M | $159.2M |
毛利率LGIHWPC
| Q4 25 | 17.7% | — | ||
| Q3 25 | 21.5% | — | ||
| Q2 25 | 22.9% | — | ||
| Q1 25 | 21.0% | — | ||
| Q4 24 | 22.9% | — | ||
| Q3 24 | 25.1% | — | ||
| Q2 24 | 25.0% | — | ||
| Q1 24 | 23.4% | — |
营业利润率LGIHWPC
| Q4 25 | 3.9% | 34.5% | ||
| Q3 25 | 5.4% | 34.7% | ||
| Q2 25 | 8.2% | 15.0% | ||
| Q1 25 | 0.0% | 33.5% | ||
| Q4 24 | 8.2% | 13.5% | ||
| Q3 24 | 12.3% | 30.4% | ||
| Q2 24 | 11.2% | 38.3% | ||
| Q1 24 | 4.8% | 43.0% |
净利率LGIHWPC
| Q4 25 | 3.7% | 33.4% | ||
| Q3 25 | 5.0% | 32.7% | ||
| Q2 25 | 6.5% | 11.9% | ||
| Q1 25 | 1.1% | 30.7% | ||
| Q4 24 | 9.1% | 11.6% | ||
| Q3 24 | 10.7% | 28.1% | ||
| Q2 24 | 9.7% | 36.7% | ||
| Q1 24 | 4.4% | 40.8% |
每股收益（稀释后）LGIHWPC
| Q4 25 | $0.74 | — | ||
| Q3 25 | $0.85 | — | ||
| Q2 25 | $1.36 | — | ||
| Q1 25 | $0.17 | — | ||
| Q4 24 | $2.15 | — | ||
| Q3 24 | $2.95 | — | ||
| Q2 24 | $2.48 | — | ||
| Q1 24 | $0.72 | — |
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 | — | $155.3M |
| 总债务越低越好 | $1.7B | $8.7B |
| 股东权益账面价值 | $2.1B | $8.1B |
| 总资产 | $3.9B | $18.0B |
| 负债/权益比越低杠杆越低 | 0.79× | 1.07× |
8季度趋势，按日历期对齐
现金及短期投资LGIHWPC
| Q4 25 | — | $155.3M | ||
| Q3 25 | — | $249.0M | ||
| Q2 25 | — | $244.8M | ||
| Q1 25 | — | $187.8M | ||
| Q4 24 | $53.2M | $640.4M | ||
| Q3 24 | — | $818.2M | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $777.0M |
总债务LGIHWPC
| Q4 25 | $1.7B | $8.7B | ||
| Q3 25 | — | $8.7B | ||
| Q2 25 | — | $8.6B | ||
| Q1 25 | — | $7.9B | ||
| Q4 24 | $1.5B | $8.0B | ||
| Q3 24 | — | $8.0B | ||
| Q2 24 | — | $8.1B | ||
| Q1 24 | — | $7.9B |
股东权益LGIHWPC
| Q4 25 | $2.1B | $8.1B | ||
| Q3 25 | $2.1B | $8.2B | ||
| Q2 25 | $2.1B | $8.2B | ||
| Q1 25 | $2.0B | $8.4B | ||
| Q4 24 | $2.0B | $8.4B | ||
| Q3 24 | $2.0B | $8.6B | ||
| Q2 24 | $1.9B | $8.6B | ||
| Q1 24 | $1.9B | $8.7B |
总资产LGIHWPC
| Q4 25 | $3.9B | $18.0B | ||
| Q3 25 | $4.0B | $18.0B | ||
| Q2 25 | $4.0B | $18.0B | ||
| Q1 25 | $3.9B | $17.3B | ||
| Q4 24 | $3.8B | $17.5B | ||
| Q3 24 | $3.8B | $17.6B | ||
| Q2 24 | $3.7B | $17.8B | ||
| Q1 24 | $3.5B | $17.6B |
负债/权益比LGIHWPC
| Q4 25 | 0.79× | 1.07× | ||
| Q3 25 | — | 1.06× | ||
| Q2 25 | — | 1.05× | ||
| Q1 25 | — | 0.94× | ||
| Q4 24 | 0.73× | 0.95× | ||
| Q3 24 | — | 0.93× | ||
| Q2 24 | — | 0.94× | ||
| Q1 24 | — | 0.91× |
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 | $86.8M | $304.6M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 0.0% | — |
| 现金转化率经营现金流/净利润 | 5.01× | 2.05× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流LGIHWPC
| Q4 25 | $86.8M | $304.6M | ||
| Q3 25 | $-13.2M | $300.5M | ||
| Q2 25 | $-86.4M | $404.0M | ||
| Q1 25 | $-127.1M | $273.2M | ||
| Q4 24 | $57.0M | $296.3M | ||
| Q3 24 | $-17.8M | $280.2M | ||
| Q2 24 | $-83.5M | $221.0M | ||
| Q1 24 | $-99.5M | $1.0B |
自由现金流LGIHWPC
| Q4 25 | — | — | ||
| Q3 25 | $-13.3M | — | ||
| Q2 25 | $-86.4M | — | ||
| Q1 25 | $-128.0M | — | ||
| Q4 24 | $56.4M | — | ||
| Q3 24 | $-17.8M | — | ||
| Q2 24 | $-83.8M | — | ||
| Q1 24 | $-100.5M | — |
自由现金流率LGIHWPC
| Q4 25 | — | — | ||
| Q3 25 | -3.3% | — | ||
| Q2 25 | -17.9% | — | ||
| Q1 25 | -36.4% | — | ||
| Q4 24 | 10.1% | — | ||
| Q3 24 | -2.7% | — | ||
| Q2 24 | -13.9% | — | ||
| Q1 24 | -25.7% | — |
资本支出强度LGIHWPC
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.2% | — | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.0% | — | ||
| Q1 24 | 0.3% | — |
现金转化率LGIHWPC
| Q4 25 | 5.01× | 2.05× | ||
| Q3 25 | -0.67× | 2.13× | ||
| Q2 25 | -2.74× | 7.89× | ||
| Q1 25 | -31.83× | 2.17× | ||
| Q4 24 | 1.12× | 6.30× | ||
| Q3 24 | -0.26× | 2.51× | ||
| Q2 24 | -1.43× | 1.55× | ||
| Q1 24 | -5.83× | 6.50× |
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
LGIH
| West Reportable Segment | $128.2M | 27% |
| Southeast Reportable Segment | $118.9M | 25% |
| Central Reportable Segment | $105.8M | 22% |
| Florida Reportable Segment | $69.2M | 15% |
| Northwest Reportable Segment | $51.8M | 11% |
WPC
暂无分部数据
