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ANNALY CAPITAL MANAGEMENT INC（NLY）与Reddit, Inc.（RDDT）财务数据对比。点击上方公司名可切换其他公司
Reddit, Inc.的季度营收约是ANNALY CAPITAL MANAGEMENT INC的1.8倍（$663.0M vs $366.6M），ANNALY CAPITAL MANAGEMENT INC净利率更高（276.5% vs 30.8%，领先245.7%），ANNALY CAPITAL MANAGEMENT INC同比增速更快（95.7% vs 69.0%），过去两年Reddit, Inc.的营收复合增速更高（53.6% vs 14.8%）
Annaly Capital Management是全球规模最大的抵押型房地产投资信托之一，注册地位于美国马里兰州，总部设立于纽约市，专注于抵押类不动产相关资产的投资运营，在北美地产投资领域具备丰富经验与较高市场认可度。
Reddit是美国知名的社交新闻聚合与论坛类社交媒体平台，注册用户可发布链接、文字帖、图片、视频等各类内容，其他用户可对内容进行点赞或点踩，内容按主题归类到用户创建的子板块中，获赞更高的内容会排在板块前列，热度足够的内容还将展示在全站首页。
NLY vs RDDT — 直观对比
营收规模更大
RDDT
是对方的1.8倍
$366.6M
营收增速更快
NLY
高出26.7%
69.0%
净利率更高
NLY
高出245.7%
30.8%
两年增速更快
RDDT
近两年复合增速
14.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $366.6M | $663.0M |
| 净利润 | $1.0B | $204.0M |
| 毛利率 | — | 100.0% |
| 营业利润率 | — | 0.0% |
| 净利率 | 276.5% | 30.8% |
| 营收同比 | 95.7% | 69.0% |
| 净利润同比 | 110.2% | 680.0% |
| 每股收益（稀释后） | $1.54 | $1.01 |
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NLYRDDT
| Q1 26 | — | $663.0M | ||
| Q4 25 | $366.6M | $725.6M | ||
| Q3 25 | $275.8M | $584.9M | ||
| Q2 25 | $273.2M | $499.6M | ||
| Q1 25 | $220.0M | $392.4M | ||
| Q4 24 | $187.3M | $427.7M | ||
| Q3 24 | — | $348.4M | ||
| Q2 24 | — | $281.2M |
净利润NLYRDDT
| Q1 26 | — | $204.0M | ||
| Q4 25 | $1.0B | $251.6M | ||
| Q3 25 | $832.4M | $162.7M | ||
| Q2 25 | $57.1M | $89.3M | ||
| Q1 25 | $124.2M | $26.2M | ||
| Q4 24 | $482.1M | $71.0M | ||
| Q3 24 | — | $29.9M | ||
| Q2 24 | — | $-10.1M |
毛利率NLYRDDT
| Q1 26 | — | 100.0% | ||
| Q4 25 | — | 91.9% | ||
| Q3 25 | — | 91.0% | ||
| Q2 25 | — | 90.8% | ||
| Q1 25 | — | 90.5% | ||
| Q4 24 | — | 92.6% | ||
| Q3 24 | — | 90.1% | ||
| Q2 24 | — | 89.5% |
营业利润率NLYRDDT
| Q1 26 | — | 0.0% | ||
| Q4 25 | — | 31.9% | ||
| Q3 25 | — | 23.7% | ||
| Q2 25 | 22.3% | 13.6% | ||
| Q1 25 | 63.0% | 1.0% | ||
| Q4 24 | — | 12.4% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | -11.0% |
净利率NLYRDDT
| Q1 26 | — | 30.8% | ||
| Q4 25 | 276.5% | 34.7% | ||
| Q3 25 | 301.9% | 27.8% | ||
| Q2 25 | 20.9% | 17.9% | ||
| Q1 25 | 56.5% | 6.7% | ||
| Q4 24 | 257.4% | 16.6% | ||
| Q3 24 | — | 8.6% | ||
| Q2 24 | — | -3.6% |
每股收益（稀释后）NLYRDDT
| Q1 26 | — | $1.01 | ||
| Q4 25 | $1.54 | $1.24 | ||
| Q3 25 | $1.20 | $0.80 | ||
| Q2 25 | $0.03 | $0.45 | ||
| Q1 25 | $0.15 | $0.13 | ||
| Q4 24 | $0.81 | $4.76 | ||
| Q3 24 | — | $0.16 | ||
| Q2 24 | — | $-0.06 |
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 | — | $1.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $16.1B | $3.2B |
| 总资产 | $135.6B | $3.5B |
| 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NLYRDDT
| Q1 26 | — | $1.4B | ||
| Q4 25 | — | $953.6M | ||
| Q3 25 | — | $911.7M | ||
| Q2 25 | — | $734.1M | ||
| Q1 25 | — | $635.7M | ||
| Q4 24 | — | $562.1M | ||
| Q3 24 | — | $515.9M | ||
| Q2 24 | — | $468.0M |
股东权益NLYRDDT
| Q1 26 | — | $3.2B | ||
| Q4 25 | $16.1B | $2.9B | ||
| Q3 25 | $14.9B | $2.6B | ||
| Q2 25 | $13.4B | $2.4B | ||
| Q1 25 | $13.0B | $2.2B | ||
| Q4 24 | $12.6B | $2.1B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $1.9B |
总资产NLYRDDT
| Q1 26 | — | $3.5B | ||
| Q4 25 | $135.6B | $3.2B | ||
| Q3 25 | $125.9B | $2.9B | ||
| Q2 25 | $112.1B | $2.6B | ||
| Q1 25 | $105.1B | $2.4B | ||
| Q4 24 | $103.6B | $2.3B | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | — | $2.1B |
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 | $692.9M | — |
| 自由现金流经营现金流 - 资本支出 | — | $311.0M |
| 自由现金流率自由现金流/营收 | — | 46.9% |
| 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 | 0.68× | — |
| 过去12个月自由现金流最近4个季度 | — | $868.6M |
8季度趋势，按日历期对齐
经营现金流NLYRDDT
| Q1 26 | — | — | ||
| Q4 25 | $692.9M | $266.8M | ||
| Q3 25 | $24.1M | $185.2M | ||
| Q2 25 | $180.7M | $111.3M | ||
| Q1 25 | $-156.3M | $127.6M | ||
| Q4 24 | $3.3B | $90.0M | ||
| Q3 24 | — | $71.6M | ||
| Q2 24 | — | $28.4M |
自由现金流NLYRDDT
| Q1 26 | — | $311.0M | ||
| Q4 25 | — | $263.6M | ||
| Q3 25 | — | $183.1M | ||
| Q2 25 | — | $110.8M | ||
| Q1 25 | — | $126.6M | ||
| Q4 24 | — | $89.2M | ||
| Q3 24 | — | $70.3M | ||
| Q2 24 | — | $27.2M |
自由现金流率NLYRDDT
| Q1 26 | — | 46.9% | ||
| Q4 25 | — | 36.3% | ||
| Q3 25 | — | 31.3% | ||
| Q2 25 | — | 22.2% | ||
| Q1 25 | — | 32.3% | ||
| Q4 24 | — | 20.8% | ||
| Q3 24 | — | 20.2% | ||
| Q2 24 | — | 9.7% |
资本支出强度NLYRDDT
| Q1 26 | — | — | ||
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.4% |
现金转化率NLYRDDT
| Q1 26 | — | — | ||
| Q4 25 | 0.68× | 1.06× | ||
| Q3 25 | 0.03× | 1.14× | ||
| Q2 25 | 3.17× | 1.25× | ||
| Q1 25 | -1.26× | 4.88× | ||
| Q4 24 | 6.87× | 1.27× | ||
| Q3 24 | — | 2.40× | ||
| Q2 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
