vs
Realty Income（O）与罗布乐思（RBLX）财务数据对比。点击上方公司名可切换其他公司
Realty Income的季度营收约是罗布乐思的1.1倍（$1.5B vs $1.4B），Realty Income净利率更高（19.9% vs -22.3%，领先42.2%），罗布乐思同比增速更快（43.2% vs 11.0%），Realty Income自由现金流更多（$1.2B vs $308.6M），过去两年罗布乐思的营收复合增速更高（32.9% vs 8.6%）
Realty Income是一家房地产投资信托企业，投资范围覆盖美国、英国及欧洲其他六个国家的独立单租户商业地产，旗下物业普遍采用三重净租约模式。公司注册地为美国马里兰州，总部位于加利福尼亚州圣迭戈市。
罗布乐思（Roblox Corporation）是总部位于美国加利福尼亚州圣马特奥的游戏企业，由大卫·巴斯祖奇与埃里克·卡塞尔于2004年共同创立。公司核心产品为同名线上游戏创作平台Roblox，于2006年正式上线，截至2024年12月底全球员工规模已超2400人。
O vs RBLX — 直观对比
营收规模更大
O
是对方的1.1倍
$1.4B
营收增速更快
RBLX
高出32.2%
11.0%
净利率更高
O
高出42.2%
-22.3%
自由现金流更多
O
多$845.4M
$308.6M
两年增速更快
RBLX
近两年复合增速
8.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.4B |
| 净利润 | $296.1M | $-316.0M |
| 毛利率 | — | 77.7% |
| 营业利润率 | 21.7% | -25.3% |
| 净利率 | 19.9% | -22.3% |
| 营收同比 | 11.0% | 43.2% |
| 净利润同比 | 48.3% | -43.9% |
| 每股收益（稀释后） | $0.32 | $-0.44 |
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ORBLX
| Q4 25 | $1.5B | $1.4B | ||
| Q3 25 | $1.5B | $1.4B | ||
| Q2 25 | $1.4B | $1.1B | ||
| Q1 25 | $1.4B | $1.0B | ||
| Q4 24 | $1.3B | $988.2M | ||
| Q3 24 | $1.3B | $919.0M | ||
| Q2 24 | $1.3B | $893.5M | ||
| Q1 24 | $1.3B | $801.3M |
净利润ORBLX
| Q4 25 | $296.1M | $-316.0M | ||
| Q3 25 | $315.8M | $-255.6M | ||
| Q2 25 | $196.9M | $-278.4M | ||
| Q1 25 | $249.8M | $-215.1M | ||
| Q4 24 | $199.6M | $-219.6M | ||
| Q3 24 | $269.5M | $-239.3M | ||
| Q2 24 | $259.4M | $-205.9M | ||
| Q1 24 | $132.3M | $-270.6M |
毛利率ORBLX
| Q4 25 | — | 77.7% | ||
| Q3 25 | — | 78.2% | ||
| Q2 25 | — | 78.2% | ||
| Q1 25 | — | 78.3% | ||
| Q4 24 | — | 77.9% | ||
| Q3 24 | — | 77.7% | ||
| Q2 24 | — | 77.8% | ||
| Q1 24 | — | 77.7% |
营业利润率ORBLX
| Q4 25 | 21.7% | -25.3% | ||
| Q3 25 | 23.2% | -21.8% | ||
| Q2 25 | 15.8% | -29.8% | ||
| Q1 25 | 19.3% | -24.6% | ||
| Q4 24 | 16.5% | -24.7% | ||
| Q3 24 | 21.5% | -30.4% | ||
| Q2 24 | 20.7% | -26.6% | ||
| Q1 24 | 11.9% | -37.7% |
净利率ORBLX
| Q4 25 | 19.9% | -22.3% | ||
| Q3 25 | 21.5% | -18.8% | ||
| Q2 25 | 14.0% | -25.8% | ||
| Q1 25 | 18.1% | -20.8% | ||
| Q4 24 | 14.9% | -22.2% | ||
| Q3 24 | 20.2% | -26.0% | ||
| Q2 24 | 19.4% | -23.0% | ||
| Q1 24 | 10.5% | -33.8% |
每股收益（稀释后）ORBLX
| Q4 25 | $0.32 | $-0.44 | ||
| Q3 25 | $0.35 | $-0.37 | ||
| Q2 25 | $0.22 | $-0.41 | ||
| Q1 25 | $0.28 | $-0.32 | ||
| Q4 24 | $0.23 | $-0.32 | ||
| Q3 24 | $0.30 | $-0.37 | ||
| Q2 24 | $0.29 | $-0.32 | ||
| Q1 24 | $0.16 | $-0.43 |
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 | $434.8M | $3.1B |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | $39.4B | $394.5M |
| 总资产 | $72.8B | $9.6B |
| 负债/权益比越低杠杆越低 | — | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资ORBLX
| Q4 25 | $434.8M | $3.1B | ||
| Q3 25 | $417.2M | $2.9B | ||
| Q2 25 | $800.4M | $2.6B | ||
| Q1 25 | $319.0M | $2.7B | ||
| Q4 24 | $445.0M | $2.4B | ||
| Q3 24 | $397.0M | $2.3B | ||
| Q2 24 | $442.8M | $2.4B | ||
| Q1 24 | $680.2M | $2.4B |
总债务ORBLX
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ORBLX
| Q4 25 | $39.4B | $394.5M | ||
| Q3 25 | $39.1B | $407.6M | ||
| Q2 25 | $39.2B | $353.2M | ||
| Q1 25 | $39.0B | $310.7M | ||
| Q4 24 | $38.8B | $221.4M | ||
| Q3 24 | $38.5B | $189.9M | ||
| Q2 24 | $38.6B | $121.5M | ||
| Q1 24 | $39.0B | $71.6M |
总资产ORBLX
| Q4 25 | $72.8B | $9.6B | ||
| Q3 25 | $71.3B | $8.6B | ||
| Q2 25 | $71.4B | $7.8B | ||
| Q1 25 | $69.8B | $7.5B | ||
| Q4 24 | $68.8B | $7.2B | ||
| Q3 24 | $68.5B | $6.7B | ||
| Q2 24 | $68.1B | $6.5B | ||
| Q1 24 | $68.3B | $6.3B |
负债/权益比ORBLX
| Q4 25 | — | 2.98× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 5.48× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $1.2B | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $1.2B | $308.6M |
| 自由现金流率自由现金流/营收 | 77.6% | 21.8% |
| 资本支出强度资本支出/营收 | 3.3% | 21.1% |
| 现金转化率经营现金流/净利润 | 4.06× | — |
| 过去12个月自由现金流最近4个季度 | $3.9B | $1.4B |
8季度趋势，按日历期对齐
经营现金流ORBLX
| Q4 25 | $1.2B | $607.0M | ||
| Q3 25 | $943.1M | $546.2M | ||
| Q2 25 | $1.1B | $199.3M | ||
| Q1 25 | $787.5M | $443.9M | ||
| Q4 24 | $972.0M | $184.5M | ||
| Q3 24 | $841.5M | $247.4M | ||
| Q2 24 | $981.2M | $151.4M | ||
| Q1 24 | $778.7M | $238.9M |
自由现金流ORBLX
| Q4 25 | $1.2B | $308.6M | ||
| Q3 25 | $909.9M | $443.6M | ||
| Q2 25 | $1.0B | $176.7M | ||
| Q1 25 | $764.6M | $426.5M | ||
| Q4 24 | $935.8M | $120.6M | ||
| Q3 24 | $807.9M | $218.0M | ||
| Q2 24 | $939.2M | $111.7M | ||
| Q1 24 | $769.0M | $192.3M |
自由现金流率ORBLX
| Q4 25 | 77.6% | 21.8% | ||
| Q3 25 | 61.9% | 32.6% | ||
| Q2 25 | 73.3% | 16.3% | ||
| Q1 25 | 55.4% | 41.2% | ||
| Q4 24 | 69.8% | 12.2% | ||
| Q3 24 | 60.7% | 23.7% | ||
| Q2 24 | 70.1% | 12.5% | ||
| Q1 24 | 61.0% | 24.0% |
资本支出强度ORBLX
| Q4 25 | 3.3% | 21.1% | ||
| Q3 25 | 2.3% | 7.5% | ||
| Q2 25 | 1.9% | 2.1% | ||
| Q1 25 | 1.7% | 1.7% | ||
| Q4 24 | 2.7% | 6.5% | ||
| Q3 24 | 2.5% | 3.2% | ||
| Q2 24 | 3.1% | 4.4% | ||
| Q1 24 | 0.8% | 5.8% |
现金转化率ORBLX
| Q4 25 | 4.06× | — | ||
| Q3 25 | 2.99× | — | ||
| Q2 25 | 5.39× | — | ||
| Q1 25 | 3.15× | — | ||
| Q4 24 | 4.87× | — | ||
| Q3 24 | 3.12× | — | ||
| Q2 24 | 3.78× | — | ||
| Q1 24 | 5.89× | — |
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
O
| Product And Service Retail | $900.8M | 61% |
| Other | $531.5M | 36% |
RBLX
暂无分部数据
