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Mid-America Apartment Communities（MAA）与RBC Bearings INC（RBC）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RBC Bearings INC的1.2倍（$553.7M vs $461.6M），Mid-America Apartment Communities同比增速更快（438.7% vs 17.0%），过去两年RBC Bearings INC的营收复合增速更高（5.6% vs 0.7%）
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。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
MAA vs RBC — 直观对比
营收规模更大
MAA
是对方的1.2倍
$461.6M
营收增速更快
MAA
高出421.7%
17.0%
两年增速更快
RBC
近两年复合增速
0.7%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $553.7M | $461.6M |
| 净利润 | — | $67.4M |
| 毛利率 | — | 44.3% |
| 营业利润率 | — | 22.3% |
| 净利率 | — | 14.6% |
| 营收同比 | 438.7% | 17.0% |
| 净利润同比 | — | 16.4% |
| 每股收益（稀释后） | $4.34 | $2.13 |
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MAARBC
| Q1 26 | $553.7M | — | ||
| Q4 25 | $555.6M | $461.6M | ||
| Q3 25 | $554.4M | $455.3M | ||
| Q2 25 | $549.9M | $436.0M | ||
| Q1 25 | $549.3M | $437.7M | ||
| Q4 24 | $549.8M | $394.4M | ||
| Q3 24 | $551.1M | $397.9M | ||
| Q2 24 | $546.4M | $406.3M |
净利润MAARBC
| Q1 26 | — | — | ||
| Q4 25 | $57.6M | $67.4M | ||
| Q3 25 | $99.5M | $60.0M | ||
| Q2 25 | $108.1M | $68.5M | ||
| Q1 25 | $181.7M | $72.7M | ||
| Q4 24 | $166.6M | $57.9M | ||
| Q3 24 | $115.2M | $54.2M | ||
| Q2 24 | $102.0M | $61.4M |
毛利率MAARBC
| Q1 26 | — | — | ||
| Q4 25 | — | 44.3% | ||
| Q3 25 | — | 44.1% | ||
| Q2 25 | — | 44.8% | ||
| Q1 25 | — | 44.2% | ||
| Q4 24 | — | 44.3% | ||
| Q3 24 | — | 43.7% | ||
| Q2 24 | — | 45.3% |
营业利润率MAARBC
| Q1 26 | — | — | ||
| Q4 25 | 10.4% | 22.3% | ||
| Q3 25 | 18.7% | 21.5% | ||
| Q2 25 | 20.2% | 23.2% | ||
| Q1 25 | 34.0% | 23.0% | ||
| Q4 24 | 31.3% | 21.7% | ||
| Q3 24 | 21.5% | 21.6% | ||
| Q2 24 | 19.3% | 24.0% |
净利率MAARBC
| Q1 26 | — | — | ||
| Q4 25 | 10.4% | 14.6% | ||
| Q3 25 | 18.0% | 13.2% | ||
| Q2 25 | 19.7% | 15.7% | ||
| Q1 25 | 33.1% | 16.6% | ||
| Q4 24 | 30.3% | 14.7% | ||
| Q3 24 | 20.9% | 13.6% | ||
| Q2 24 | 18.7% | 15.1% |
每股收益（稀释后）MAARBC
| Q1 26 | $4.34 | — | ||
| Q4 25 | $0.48 | $2.13 | ||
| Q3 25 | $0.84 | $1.90 | ||
| Q2 25 | $0.92 | $2.17 | ||
| Q1 25 | $1.54 | $2.33 | ||
| Q4 24 | $1.43 | $1.82 | ||
| Q3 24 | $0.98 | $1.65 | ||
| Q2 24 | $0.86 | $1.90 |
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 | — | $107.6M |
| 总债务越低越好 | — | $990.2M |
| 股东权益账面价值 | — | $3.3B |
| 总资产 | — | $5.1B |
| 负债/权益比越低杠杆越低 | — | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资MAARBC
| Q1 26 | — | — | ||
| Q4 25 | $60.3M | $107.6M | ||
| Q3 25 | $32.2M | $91.2M | ||
| Q2 25 | $54.5M | $132.9M | ||
| Q1 25 | $55.8M | $36.8M | ||
| Q4 24 | $43.0M | — | ||
| Q3 24 | $50.2M | — | ||
| Q2 24 | $62.8M | $76.8M |
总债务MAARBC
| Q1 26 | — | — | ||
| Q4 25 | — | $990.2M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $915.6M | ||
| Q1 25 | — | $920.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益MAARBC
| Q1 26 | — | — | ||
| Q4 25 | $5.7B | $3.3B | ||
| Q3 25 | $5.8B | $3.2B | ||
| Q2 25 | $5.9B | $3.1B | ||
| Q1 25 | $5.9B | $3.0B | ||
| Q4 24 | $5.9B | $2.9B | ||
| Q3 24 | $5.9B | $2.9B | ||
| Q2 24 | $6.0B | $2.8B |
总资产MAARBC
| Q1 26 | — | — | ||
| Q4 25 | $12.0B | $5.1B | ||
| Q3 25 | $11.9B | $5.1B | ||
| Q2 25 | $11.8B | $4.8B | ||
| Q1 25 | $11.8B | $4.7B | ||
| Q4 24 | $11.8B | $4.7B | ||
| Q3 24 | $11.8B | $4.7B | ||
| Q2 24 | $11.6B | $4.7B |
负债/权益比MAARBC
| Q1 26 | — | — | ||
| Q4 25 | — | 0.30× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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 | — | $122.1M |
| 自由现金流经营现金流 - 资本支出 | — | $99.1M |
| 自由现金流率自由现金流/营收 | — | 21.5% |
| 资本支出强度资本支出/营收 | — | 5.0% |
| 现金转化率经营现金流/净利润 | — | 1.81× |
| 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MAARBC
| Q1 26 | — | — | ||
| Q4 25 | $261.7M | $122.1M | ||
| Q3 25 | $266.4M | $88.4M | ||
| Q2 25 | $353.4M | $120.0M | ||
| Q1 25 | $196.6M | — | ||
| Q4 24 | $239.1M | $84.0M | ||
| Q3 24 | $309.5M | — | ||
| Q2 24 | $349.4M | $97.4M |
自由现金流MAARBC
| Q1 26 | — | — | ||
| Q4 25 | $158.6M | $99.1M | ||
| Q3 25 | $170.8M | $71.7M | ||
| Q2 25 | $264.5M | $104.3M | ||
| Q1 25 | $124.0M | — | ||
| Q4 24 | $152.6M | $73.6M | ||
| Q3 24 | $215.5M | — | ||
| Q2 24 | $259.7M | $88.4M |
自由现金流率MAARBC
| Q1 26 | — | — | ||
| Q4 25 | 28.5% | 21.5% | ||
| Q3 25 | 30.8% | 15.7% | ||
| Q2 25 | 48.1% | 23.9% | ||
| Q1 25 | 22.6% | — | ||
| Q4 24 | 27.8% | 18.7% | ||
| Q3 24 | 39.1% | — | ||
| Q2 24 | 47.5% | 21.8% |
资本支出强度MAARBC
| Q1 26 | — | — | ||
| Q4 25 | 18.6% | 5.0% | ||
| Q3 25 | 17.2% | 3.7% | ||
| Q2 25 | 16.2% | 3.6% | ||
| Q1 25 | 13.2% | 3.2% | ||
| Q4 24 | 15.7% | 2.6% | ||
| Q3 24 | 17.1% | 4.1% | ||
| Q2 24 | 16.4% | 2.2% |
现金转化率MAARBC
| Q1 26 | — | — | ||
| Q4 25 | 4.55× | 1.81× | ||
| Q3 25 | 2.68× | 1.47× | ||
| Q2 25 | 3.27× | 1.75× | ||
| Q1 25 | 1.08× | — | ||
| Q4 24 | 1.43× | 1.45× | ||
| Q3 24 | 2.69× | — | ||
| Q2 24 | 3.43× | 1.59× |
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
MAA
| Same Store Communities | $517.0M | 93% |
| Non-Same Store Communities | $22.1M | 4% |
| Lease-up/Development Communities | $7.7M | 1% |
| Commercial Property/Land | $7.0M | 1% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
