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National Storage Affiliates Trust（NSA）与Stitch Fix, Inc.（SFIX）财务数据对比。点击上方公司名可切换其他公司
Stitch Fix, Inc.的季度营收约是National Storage Affiliates Trust的1.8倍（$342.1M vs $187.0M），National Storage Affiliates Trust净利率更高（12.2% vs -1.9%，领先14.1%），Stitch Fix, Inc.同比增速更快（7.3% vs -1.6%），National Storage Affiliates Trust自由现金流更多（$299.8M vs $5.6M），过去两年Stitch Fix, Inc.的营收复合增速更高（1.8% vs -2.4%）
National Storage Affiliates Trust是一家总部位于美国的房地产投资信托，专注于自助仓储资产，在美国数十个州持有、运营及收购自助仓储设施，为居民和商业客户提供安全的存储服务。
Stitch Fix是美国的在线个人造型服务平台，依托推荐算法与数据科学技术，根据顾客的身形尺寸、预算和风格偏好推送个性化服饰单品。该公司创立于2011年，2017年完成首次公开募股，目前总部位于旧金山。
NSA vs SFIX — 直观对比
营收规模更大
SFIX
是对方的1.8倍
$187.0M
营收增速更快
SFIX
高出8.9%
-1.6%
净利率更高
NSA
高出14.1%
-1.9%
自由现金流更多
NSA
多$294.2M
$5.6M
两年增速更快
SFIX
近两年复合增速
-2.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $187.0M | $342.1M |
| 净利润 | $22.9M | $-6.4M |
| 毛利率 | 72.5% | 43.6% |
| 营业利润率 | 20.2% | -2.5% |
| 净利率 | 12.2% | -1.9% |
| 营收同比 | -1.6% | 7.3% |
| 净利润同比 | 36.8% | -1.7% |
| 每股收益（稀释后） | $0.23 | $-0.05 |
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NSASFIX
| Q4 25 | $187.0M | $342.1M | ||
| Q3 25 | $188.7M | $311.2M | ||
| Q2 25 | $188.8M | $325.0M | ||
| Q1 25 | $188.4M | $312.1M | ||
| Q4 24 | $190.1M | $318.8M | ||
| Q3 24 | $193.6M | $319.6M | ||
| Q2 24 | $190.4M | $322.7M | ||
| Q1 24 | $196.1M | $330.4M |
净利润NSASFIX
| Q4 25 | $22.9M | $-6.4M | ||
| Q3 25 | $18.4M | $-8.6M | ||
| Q2 25 | $19.5M | $-7.4M | ||
| Q1 25 | $13.0M | $-6.5M | ||
| Q4 24 | $16.7M | $-6.3M | ||
| Q3 24 | $18.7M | $-36.5M | ||
| Q2 24 | $17.1M | $-21.3M | ||
| Q1 24 | $59.0M | $-35.5M |
毛利率NSASFIX
| Q4 25 | 72.5% | 43.6% | ||
| Q3 25 | 70.7% | 43.6% | ||
| Q2 25 | 70.5% | 44.2% | ||
| Q1 25 | 70.7% | 44.5% | ||
| Q4 24 | 72.5% | 45.4% | ||
| Q3 24 | 72.8% | 44.6% | ||
| Q2 24 | 72.6% | 45.5% | ||
| Q1 24 | 72.1% | 43.4% |
营业利润率NSASFIX
| Q4 25 | 20.2% | -2.5% | ||
| Q3 25 | 15.8% | -3.6% | ||
| Q2 25 | 16.5% | -3.0% | ||
| Q1 25 | 11.0% | -2.9% | ||
| Q4 24 | 14.5% | -2.8% | ||
| Q3 24 | 15.8% | -13.1% | ||
| Q2 24 | 17.2% | -7.7% | ||
| Q1 24 | 48.9% | -11.5% |
净利率NSASFIX
| Q4 25 | 12.2% | -1.9% | ||
| Q3 25 | 9.8% | -2.8% | ||
| Q2 25 | 10.3% | -2.3% | ||
| Q1 25 | 6.9% | -2.1% | ||
| Q4 24 | 8.8% | -2.0% | ||
| Q3 24 | 9.7% | -11.4% | ||
| Q2 24 | 9.0% | -6.6% | ||
| Q1 24 | 30.1% | -10.8% |
每股收益（稀释后）NSASFIX
| Q4 25 | $0.23 | $-0.05 | ||
| Q3 25 | $0.17 | $-0.06 | ||
| Q2 25 | $0.19 | $-0.06 | ||
| Q1 25 | $0.10 | $-0.05 | ||
| Q4 24 | $0.19 | $-0.05 | ||
| Q3 24 | $0.18 | $-0.29 | ||
| Q2 24 | $0.16 | $-0.18 | ||
| Q1 24 | $0.65 | $-0.30 |
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 | $23.3M | $244.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $946.0M | $204.1M |
| 总资产 | $5.1B | $530.7M |
| 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NSASFIX
| Q4 25 | $23.3M | $244.2M | ||
| Q3 25 | $26.3M | $234.9M | ||
| Q2 25 | $26.1M | $234.2M | ||
| Q1 25 | $19.3M | $219.1M | ||
| Q4 24 | $50.4M | $253.3M | ||
| Q3 24 | $69.9M | $247.0M | ||
| Q2 24 | $59.0M | $244.5M | ||
| Q1 24 | $64.2M | $229.8M |
股东权益NSASFIX
| Q4 25 | $946.0M | $204.1M | ||
| Q3 25 | $973.1M | $203.0M | ||
| Q2 25 | $1.0B | $200.4M | ||
| Q1 25 | $1.0B | $197.8M | ||
| Q4 24 | $1.1B | $190.5M | ||
| Q3 24 | $986.9M | $187.0M | ||
| Q2 24 | $1.2B | $208.9M | ||
| Q1 24 | $1.3B | $213.3M |
总资产NSASFIX
| Q4 25 | $5.1B | $530.7M | ||
| Q3 25 | $5.1B | $480.6M | ||
| Q2 25 | $5.2B | $484.7M | ||
| Q1 25 | $5.3B | $472.6M | ||
| Q4 24 | $5.4B | $507.1M | ||
| Q3 24 | $5.4B | $486.9M | ||
| Q2 24 | $5.3B | $537.0M | ||
| Q1 24 | $5.4B | $538.3M |
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 | $338.5M | $10.9M |
| 自由现金流经营现金流 - 资本支出 | $299.8M | $5.6M |
| 自由现金流率自由现金流/营收 | 160.3% | 1.6% |
| 资本支出强度资本支出/营收 | 20.7% | 1.6% |
| 现金转化率经营现金流/净利润 | 14.79× | — |
| 过去12个月自由现金流最近4个季度 | $541.5M | $4.9M |
8季度趋势，按日历期对齐
经营现金流NSASFIX
| Q4 25 | $338.5M | $10.9M | ||
| Q3 25 | $100.2M | $7.0M | ||
| Q2 25 | $79.9M | $20.5M | ||
| Q1 25 | $85.6M | $-16.2M | ||
| Q4 24 | $363.1M | $14.3M | ||
| Q3 24 | $105.7M | $8.2M | ||
| Q2 24 | $83.2M | $21.7M | ||
| Q1 24 | $94.0M | $-22.3M |
自由现金流NSASFIX
| Q4 25 | $299.8M | $5.6M | ||
| Q3 25 | $88.0M | $2.8M | ||
| Q2 25 | $73.8M | $16.0M | ||
| Q1 25 | $79.9M | $-19.4M | ||
| Q4 24 | $344.4M | $9.9M | ||
| Q3 24 | $101.8M | $4.5M | ||
| Q2 24 | $79.5M | $18.9M | ||
| Q1 24 | $88.6M | $-26.1M |
自由现金流率NSASFIX
| Q4 25 | 160.3% | 1.6% | ||
| Q3 25 | 46.6% | 0.9% | ||
| Q2 25 | 39.1% | 4.9% | ||
| Q1 25 | 42.4% | -6.2% | ||
| Q4 24 | 181.2% | 3.1% | ||
| Q3 24 | 52.6% | 1.4% | ||
| Q2 24 | 41.7% | 5.9% | ||
| Q1 24 | 45.2% | -7.9% |
资本支出强度NSASFIX
| Q4 25 | 20.7% | 1.6% | ||
| Q3 25 | 6.5% | 1.4% | ||
| Q2 25 | 3.2% | 1.4% | ||
| Q1 25 | 3.0% | 1.0% | ||
| Q4 24 | 9.8% | 1.4% | ||
| Q3 24 | 2.0% | 1.2% | ||
| Q2 24 | 1.9% | 0.9% | ||
| Q1 24 | 2.7% | 1.1% |
现金转化率NSASFIX
| Q4 25 | 14.79× | — | ||
| Q3 25 | 5.44× | — | ||
| Q2 25 | 4.10× | — | ||
| Q1 25 | 6.59× | — | ||
| Q4 24 | 21.70× | — | ||
| Q3 24 | 5.65× | — | ||
| Q2 24 | 4.88× | — | ||
| Q1 24 | 1.59× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
