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LXP Industrial Trust（LXP）与PennyMac Mortgage Investment Trust（PMT）财务数据对比。点击上方公司名可切换其他公司
PennyMac Mortgage Investment Trust的季度营收约是LXP Industrial Trust的1.1倍（$93.6M vs $86.7M），PennyMac Mortgage Investment Trust净利率更高（56.0% vs 33.2%，领先22.8%），PennyMac Mortgage Investment Trust同比增速更快（-13.3% vs -14.0%），过去两年PennyMac Mortgage Investment Trust的营收复合增速更高（12.3% vs 0.3%）
LXP工业信托是一家公开上市的房地产投资信托，专注于持有、运营和投资美国核心市场的优质工业地产，主要涵盖配送中心、物流设施及轻型工业物业，服务电商、第三方物流、先进制造等领域租户，为投资者创造长期稳定收益。
PennyMac Mortgage Investment Trust是总部位于美国的房地产投资信托，专注于住宅抵押贷款相关资产，主要投资履约及违约抵押贷款、住宅抵押贷款支持证券和信用风险转移工具，业务覆盖美国住房市场的投资管理与抵押贷款服务板块。
LXP vs PMT — 直观对比
营收规模更大
PMT
是对方的1.1倍
$86.7M
营收增速更快
PMT
高出0.7%
-14.0%
净利率更高
PMT
高出22.8%
33.2%
两年增速更快
PMT
近两年复合增速
0.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $86.7M | $93.6M |
| 净利润 | $28.8M | $52.4M |
| 毛利率 | 81.5% | — |
| 营业利润率 | 34.6% | 38.6% |
| 净利率 | 33.2% | 56.0% |
| 营收同比 | -14.0% | -13.3% |
| 净利润同比 | — | 12.5% |
| 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LXPPMT
| Q4 25 | $86.7M | $93.6M | ||
| Q3 25 | $86.9M | $99.2M | ||
| Q2 25 | $87.7M | $70.2M | ||
| Q1 25 | $88.9M | $44.5M | ||
| Q4 24 | $100.9M | $107.9M | ||
| Q3 24 | $85.6M | $80.9M | ||
| Q2 24 | $85.8M | $71.2M | ||
| Q1 24 | $86.3M | $74.2M |
净利润LXPPMT
| Q4 25 | $28.8M | $52.4M | ||
| Q3 25 | $36.3M | $58.3M | ||
| Q2 25 | $29.1M | $7.5M | ||
| Q1 25 | $19.0M | $9.7M | ||
| Q4 24 | — | $46.5M | ||
| Q3 24 | $6.3M | $41.4M | ||
| Q2 24 | $5.4M | $25.4M | ||
| Q1 24 | $-269.0K | $47.6M |
毛利率LXPPMT
| Q4 25 | 81.5% | — | ||
| Q3 25 | 82.3% | — | ||
| Q2 25 | 81.9% | — | ||
| Q1 25 | 80.7% | — | ||
| Q4 24 | 85.3% | — | ||
| Q3 24 | 82.5% | — | ||
| Q2 24 | 82.0% | — | ||
| Q1 24 | 82.4% | — |
营业利润率LXPPMT
| Q4 25 | 34.6% | 38.6% | ||
| Q3 25 | 50.4% | 47.4% | ||
| Q2 25 | 33.7% | 24.2% | ||
| Q1 25 | 21.8% | -14.2% | ||
| Q4 24 | — | 51.1% | ||
| Q3 24 | 7.9% | 32.8% | ||
| Q2 24 | 6.9% | 40.2% | ||
| Q1 24 | 1.0% | 43.6% |
净利率LXPPMT
| Q4 25 | 33.2% | 56.0% | ||
| Q3 25 | 41.7% | 58.7% | ||
| Q2 25 | 33.2% | 10.7% | ||
| Q1 25 | 21.4% | 21.8% | ||
| Q4 24 | — | 43.1% | ||
| Q3 24 | 7.4% | 51.2% | ||
| Q2 24 | 6.3% | 35.7% | ||
| Q1 24 | -0.3% | 64.2% |
每股收益（稀释后）LXPPMT
| Q4 25 | — | $0.49 | ||
| Q3 25 | $0.12 | $0.55 | ||
| Q2 25 | $0.09 | $-0.04 | ||
| Q1 25 | $0.06 | $-0.01 | ||
| Q4 24 | — | $0.45 | ||
| Q3 24 | $0.02 | $0.36 | ||
| Q2 24 | $0.01 | $0.17 | ||
| Q1 24 | $-0.01 | $0.39 |
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 | $170.4M | $190.5M |
| 总债务越低越好 | $1.4B | $1.1B |
| 股东权益账面价值 | $2.0B | $1.9B |
| 总资产 | $3.5B | $21.3B |
| 负债/权益比越低杠杆越低 | 0.66× | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资LXPPMT
| Q4 25 | $170.4M | $190.5M | ||
| Q3 25 | $229.7M | $181.0M | ||
| Q2 25 | $71.0M | $108.6M | ||
| Q1 25 | $70.9M | $204.2M | ||
| Q4 24 | $101.8M | $103.2M | ||
| Q3 24 | $55.0M | $102.8M | ||
| Q2 24 | $48.7M | $336.3M | ||
| Q1 24 | $293.8M | $343.3M |
总债务LXPPMT
| Q4 25 | $1.4B | $1.1B | ||
| Q3 25 | $1.5B | $299.0M | ||
| Q2 25 | $1.5B | $1.2B | ||
| Q1 25 | $1.5B | $968.4M | ||
| Q4 24 | $1.6B | $1.0B | ||
| Q3 24 | — | $5.2B | ||
| Q2 24 | — | $5.4B | ||
| Q1 24 | — | $5.1B |
股东权益LXPPMT
| Q4 25 | $2.0B | $1.9B | ||
| Q3 25 | $2.1B | $1.9B | ||
| Q2 25 | $2.1B | $1.9B | ||
| Q1 25 | $2.1B | $1.9B | ||
| Q4 24 | $2.1B | $1.9B | ||
| Q3 24 | $2.1B | $1.9B | ||
| Q2 24 | $2.1B | $1.9B | ||
| Q1 24 | $2.2B | $2.0B |
总资产LXPPMT
| Q4 25 | $3.5B | $21.3B | ||
| Q3 25 | $3.7B | $18.5B | ||
| Q2 25 | $3.7B | $16.8B | ||
| Q1 25 | $3.8B | $14.9B | ||
| Q4 24 | $3.8B | $14.4B | ||
| Q3 24 | $3.9B | $13.1B | ||
| Q2 24 | $3.9B | $12.1B | ||
| Q1 24 | $4.2B | $12.3B |
负债/权益比LXPPMT
| Q4 25 | 0.66× | 0.58× | ||
| Q3 25 | 0.72× | 0.16× | ||
| Q2 25 | 0.72× | 0.65× | ||
| Q1 25 | 0.73× | 0.51× | ||
| Q4 24 | 0.75× | 0.52× | ||
| Q3 24 | — | 2.70× | ||
| Q2 24 | — | 2.76× | ||
| Q1 24 | — | 2.60× |
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 | $188.7M | $-7.2B |
| 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 | — | — |
| 现金转化率经营现金流/净利润 | 6.56× | -137.76× |
| 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LXPPMT
| Q4 25 | $188.7M | $-7.2B | ||
| Q3 25 | $63.5M | $-1.3B | ||
| Q2 25 | $44.3M | $-2.0B | ||
| Q1 25 | $39.0M | $-594.3M | ||
| Q4 24 | $211.2M | $-2.7B | ||
| Q3 24 | $64.6M | $-983.8M | ||
| Q2 24 | $38.5M | $243.8M | ||
| Q1 24 | $38.9M | $-342.4M |
现金转化率LXPPMT
| Q4 25 | 6.56× | -137.76× | ||
| Q3 25 | 1.75× | -22.26× | ||
| Q2 25 | 1.52× | -267.53× | ||
| Q1 25 | 2.05× | -61.39× | ||
| Q4 24 | — | -58.08× | ||
| Q3 24 | 10.18× | -23.76× | ||
| Q2 24 | 7.09× | 9.59× | ||
| Q1 24 | — | -7.19× |
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
LXP
暂无分部数据
PMT
| Other | $55.0M | 59% |
| Interest Rate Sensitive Strategies | $31.4M | 34% |
| Correspondent Production | $7.2M | 8% |
