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Mid-America Apartment Communities（MAA）与Rubrik, Inc.（RBRK）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Rubrik, Inc.的1.6倍（$555.6M vs $350.2M），Mid-America Apartment Communities净利率更高（10.4% vs -18.2%，领先28.6%），Rubrik, Inc.同比增速更快（48.3% vs 1.0%），Mid-America Apartment Communities自由现金流更多（$158.6M vs $80.7M）
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。
Rubrik是总部位于美国加利福尼亚州帕洛阿尔托的云数据管理与数据安全企业，成立于2014年1月，专注于为客户提供云环境下的数据管理、安全防护相关解决方案，2024年4月在纽约证券交易所上市。
MAA vs RBRK — 直观对比
营收规模更大
MAA
是对方的1.6倍
$350.2M
营收增速更快
RBRK
高出47.2%
1.0%
净利率更高
MAA
高出28.6%
-18.2%
自由现金流更多
MAA
多$77.9M
$80.7M
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $555.6M | $350.2M |
| 净利润 | $57.6M | $-63.8M |
| 毛利率 | — | 80.5% |
| 营业利润率 | 10.4% | -21.6% |
| 净利率 | 10.4% | -18.2% |
| 营收同比 | 1.0% | 48.3% |
| 净利润同比 | -65.5% | 51.2% |
| 每股收益（稀释后） | $0.48 | $-0.32 |
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MAARBRK
| Q4 25 | $555.6M | $350.2M | ||
| Q3 25 | $554.4M | $309.9M | ||
| Q2 25 | $549.9M | $278.5M | ||
| Q1 25 | $549.3M | $258.1M | ||
| Q4 24 | $549.8M | $236.2M | ||
| Q3 24 | $551.1M | $205.0M | ||
| Q2 24 | $546.4M | $187.3M | ||
| Q1 24 | $543.6M | — |
净利润MAARBRK
| Q4 25 | $57.6M | $-63.8M | ||
| Q3 25 | $99.5M | $-95.9M | ||
| Q2 25 | $108.1M | $-102.1M | ||
| Q1 25 | $181.7M | $-114.9M | ||
| Q4 24 | $166.6M | $-130.9M | ||
| Q3 24 | $115.2M | $-176.9M | ||
| Q2 24 | $102.0M | $-732.1M | ||
| Q1 24 | $143.7M | — |
毛利率MAARBRK
| Q4 25 | — | 80.5% | ||
| Q3 25 | — | 79.5% | ||
| Q2 25 | — | 78.3% | ||
| Q1 25 | — | 77.4% | ||
| Q4 24 | — | 76.2% | ||
| Q3 24 | — | 73.1% | ||
| Q2 24 | — | 48.8% | ||
| Q1 24 | — | — |
营业利润率MAARBRK
| Q4 25 | 10.4% | -21.6% | ||
| Q3 25 | 18.7% | -30.5% | ||
| Q2 25 | 20.2% | -33.4% | ||
| Q1 25 | 34.0% | -45.0% | ||
| Q4 24 | 31.3% | -52.8% | ||
| Q3 24 | 21.5% | -82.1% | ||
| Q2 24 | 19.3% | -387.0% | ||
| Q1 24 | 27.4% | — |
净利率MAARBRK
| Q4 25 | 10.4% | -18.2% | ||
| Q3 25 | 18.0% | -31.0% | ||
| Q2 25 | 19.7% | -36.7% | ||
| Q1 25 | 33.1% | -44.5% | ||
| Q4 24 | 30.3% | -55.4% | ||
| Q3 24 | 20.9% | -86.3% | ||
| Q2 24 | 18.7% | -390.8% | ||
| Q1 24 | 26.4% | — |
每股收益（稀释后）MAARBRK
| Q4 25 | $0.48 | $-0.32 | ||
| Q3 25 | $0.84 | $-0.49 | ||
| Q2 25 | $0.92 | $-0.53 | ||
| Q1 25 | $1.54 | $5.69 | ||
| Q4 24 | $1.43 | $-0.71 | ||
| Q3 24 | $0.98 | $-0.98 | ||
| Q2 24 | $0.86 | $-11.48 | ||
| Q1 24 | $1.22 | — |
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 | $60.3M | $307.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.7B | $-524.4M |
| 总资产 | $12.0B | $2.5B |
| 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MAARBRK
| Q4 25 | $60.3M | $307.1M | ||
| Q3 25 | $32.2M | $322.7M | ||
| Q2 25 | $54.5M | $284.0M | ||
| Q1 25 | $55.8M | $186.3M | ||
| Q4 24 | $43.0M | $103.9M | ||
| Q3 24 | $50.2M | $142.3M | ||
| Q2 24 | $62.8M | $502.6M | ||
| Q1 24 | $54.6M | — |
股东权益MAARBRK
| Q4 25 | $5.7B | $-524.4M | ||
| Q3 25 | $5.8B | $-564.3M | ||
| Q2 25 | $5.9B | $-556.5M | ||
| Q1 25 | $5.9B | $-553.7M | ||
| Q4 24 | $5.9B | $-521.1M | ||
| Q3 24 | $5.9B | $-499.3M | ||
| Q2 24 | $6.0B | $-514.6M | ||
| Q1 24 | $6.1B | — |
总资产MAARBRK
| Q4 25 | $12.0B | $2.5B | ||
| Q3 25 | $11.9B | $2.4B | ||
| Q2 25 | $11.8B | $1.5B | ||
| Q1 25 | $11.8B | $1.4B | ||
| Q4 24 | $11.8B | $1.3B | ||
| Q3 24 | $11.8B | $1.2B | ||
| Q2 24 | $11.6B | $1.2B | ||
| Q1 24 | $11.5B | — |
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 | $261.7M | $85.5M |
| 自由现金流经营现金流 - 资本支出 | $158.6M | $80.7M |
| 自由现金流率自由现金流/营收 | 28.5% | 23.1% |
| 资本支出强度资本支出/营收 | 18.6% | 1.4% |
| 现金转化率经营现金流/净利润 | 4.55× | — |
| 过去12个月自由现金流最近4个季度 | $717.9M | $256.8M |
8季度趋势，按日历期对齐
经营现金流MAARBRK
| Q4 25 | $261.7M | $85.5M | ||
| Q3 25 | $266.4M | $64.7M | ||
| Q2 25 | $353.4M | $39.7M | ||
| Q1 25 | $196.6M | $83.6M | ||
| Q4 24 | $239.1M | $23.1M | ||
| Q3 24 | $309.5M | $-27.1M | ||
| Q2 24 | $349.4M | $-31.4M | ||
| Q1 24 | $200.3M | — |
自由现金流MAARBRK
| Q4 25 | $158.6M | $80.7M | ||
| Q3 25 | $170.8M | $61.2M | ||
| Q2 25 | $264.5M | $36.8M | ||
| Q1 25 | $124.0M | $78.0M | ||
| Q4 24 | $152.6M | $18.0M | ||
| Q3 24 | $215.5M | $-29.7M | ||
| Q2 24 | $259.7M | $-35.0M | ||
| Q1 24 | $148.2M | — |
自由现金流率MAARBRK
| Q4 25 | 28.5% | 23.1% | ||
| Q3 25 | 30.8% | 19.8% | ||
| Q2 25 | 48.1% | 13.2% | ||
| Q1 25 | 22.6% | 30.2% | ||
| Q4 24 | 27.8% | 7.6% | ||
| Q3 24 | 39.1% | -14.5% | ||
| Q2 24 | 47.5% | -18.7% | ||
| Q1 24 | 27.3% | — |
资本支出强度MAARBRK
| Q4 25 | 18.6% | 1.4% | ||
| Q3 25 | 17.2% | 1.1% | ||
| Q2 25 | 16.2% | 1.0% | ||
| Q1 25 | 13.2% | 2.2% | ||
| Q4 24 | 15.7% | 2.1% | ||
| Q3 24 | 17.1% | 1.3% | ||
| Q2 24 | 16.4% | 1.9% | ||
| Q1 24 | 9.6% | — |
现金转化率MAARBRK
| Q4 25 | 4.55× | — | ||
| Q3 25 | 2.68× | — | ||
| Q2 25 | 3.27× | — | ||
| Q1 25 | 1.08× | — | ||
| Q4 24 | 1.43× | — | ||
| Q3 24 | 2.69× | — | ||
| Q2 24 | 3.43× | — | ||
| Q1 24 | 1.39× | — |
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 | $515.5M | 93% |
| Non Same Store And Other | $36.8M | 7% |
RBRK
| Subscription And Circulation | $336.4M | 96% |
| Other | $12.3M | 4% |
| Software And Services | $4.9M | 1% |
| Maintenance | $1.5M | 0% |
