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Realty Income（O）与Rivian Automotive, Inc.（RIVN）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Rivian Automotive, Inc.的1.2倍（$1.5B vs $1.3B），Realty Income净利率更高（20.7% vs -63.1%，领先83.8%），Realty Income同比增速更快（12.2% vs -25.8%），过去两年Realty Income的营收复合增速更高（7.5% vs 3.3%）
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。
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
O vs RIVN — 直观对比
营收规模更大
O
是对方的1.2倍
$1.3B
营收增速更快
O
高出38.0%
-25.8%
净利率更高
O
高出83.8%
-63.1%
两年增速更快
O
近两年复合增速
3.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.3B |
| 净利润 | $320.9M | $-811.0M |
| 毛利率 | — | 9.3% |
| 营业利润率 | — | -64.8% |
| 净利率 | 20.7% | -63.1% |
| 营收同比 | 12.2% | -25.8% |
| 净利润同比 | 27.6% | -9.0% |
| 每股收益（稀释后） | $0.33 | $-0.66 |
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ORIVN
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.5B | $1.3B | ||
| Q3 25 | $1.5B | $1.6B | ||
| Q2 25 | $1.4B | $1.3B | ||
| Q1 25 | $1.4B | $1.2B | ||
| Q4 24 | $1.3B | $1.7B | ||
| Q3 24 | $1.3B | $874.0M | ||
| Q2 24 | $1.3B | $1.2B |
净利润ORIVN
| Q1 26 | $320.9M | — | ||
| Q4 25 | $296.1M | $-811.0M | ||
| Q3 25 | $315.8M | $-1.2B | ||
| Q2 25 | $196.9M | $-1.1B | ||
| Q1 25 | $249.8M | $-545.0M | ||
| Q4 24 | $199.6M | $-744.0M | ||
| Q3 24 | $269.5M | $-1.1B | ||
| Q2 24 | $259.4M | $-1.5B |
毛利率ORIVN
| Q1 26 | — | — | ||
| Q4 25 | — | 9.3% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | -15.8% | ||
| Q1 25 | — | 16.6% | ||
| Q4 24 | — | 9.8% | ||
| Q3 24 | — | -44.9% | ||
| Q2 24 | — | -38.9% |
营业利润率ORIVN
| Q1 26 | — | — | ||
| Q4 25 | 21.7% | -64.8% | ||
| Q3 25 | 23.2% | -63.1% | ||
| Q2 25 | 15.8% | -85.5% | ||
| Q1 25 | 19.3% | -52.8% | ||
| Q4 24 | 16.5% | -38.1% | ||
| Q3 24 | 21.5% | -133.8% | ||
| Q2 24 | 20.7% | -118.7% |
净利率ORIVN
| Q1 26 | 20.7% | — | ||
| Q4 25 | 19.9% | -63.1% | ||
| Q3 25 | 21.5% | -75.3% | ||
| Q2 25 | 14.0% | -85.7% | ||
| Q1 25 | 18.1% | -44.0% | ||
| Q4 24 | 14.9% | -42.9% | ||
| Q3 24 | 20.2% | -125.9% | ||
| Q2 24 | 19.4% | -125.8% |
每股收益（稀释后）ORIVN
| Q1 26 | $0.33 | — | ||
| Q4 25 | $0.32 | $-0.66 | ||
| Q3 25 | $0.35 | $-0.96 | ||
| Q2 25 | $0.22 | $-0.97 | ||
| Q1 25 | $0.28 | $-0.48 | ||
| Q4 24 | $0.23 | $-0.67 | ||
| Q3 24 | $0.30 | $-1.08 | ||
| Q2 24 | $0.29 | $-1.46 |
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 | $388.4M | $6.1B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $39.1B | $4.6B |
| 总资产 | $74.6B | $14.9B |
| 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ORIVN
| Q1 26 | $388.4M | — | ||
| Q4 25 | $434.8M | $6.1B | ||
| Q3 25 | $417.2M | $7.1B | ||
| Q2 25 | $800.4M | $7.5B | ||
| Q1 25 | $319.0M | $7.2B | ||
| Q4 24 | $445.0M | $7.7B | ||
| Q3 24 | $397.0M | $6.7B | ||
| Q2 24 | $442.8M | $7.9B |
总债务ORIVN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $5.5B |
股东权益ORIVN
| Q1 26 | $39.1B | — | ||
| Q4 25 | $39.4B | $4.6B | ||
| Q3 25 | $39.1B | $5.1B | ||
| Q2 25 | $39.2B | $6.1B | ||
| Q1 25 | $39.0B | $6.2B | ||
| Q4 24 | $38.8B | $6.6B | ||
| Q3 24 | $38.5B | $5.9B | ||
| Q2 24 | $38.6B | $6.8B |
总资产ORIVN
| Q1 26 | $74.6B | — | ||
| Q4 25 | $72.8B | $14.9B | ||
| Q3 25 | $71.3B | $15.2B | ||
| Q2 25 | $71.4B | $15.6B | ||
| Q1 25 | $69.8B | $15.5B | ||
| Q4 24 | $68.8B | $15.4B | ||
| Q3 24 | $68.5B | $14.3B | ||
| Q2 24 | $68.1B | $15.4B |
负债/权益比ORIVN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.81× |
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 | $874.5M | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-1.1B |
| 自由现金流率自由现金流/营收 | — | -89.0% |
| 资本支出强度资本支出/营收 | 0.0% | 36.0% |
| 现金转化率经营现金流/净利润 | 2.72× | — |
| 过去12个月自由现金流最近4个季度 | — | $-2.5B |
8季度趋势，按日历期对齐
经营现金流ORIVN
| Q1 26 | $874.5M | — | ||
| Q4 25 | $1.2B | $-681.0M | ||
| Q3 25 | $943.1M | $26.0M | ||
| Q2 25 | $1.1B | $64.0M | ||
| Q1 25 | $787.5M | $-188.0M | ||
| Q4 24 | $972.0M | $1.2B | ||
| Q3 24 | $841.5M | $-876.0M | ||
| Q2 24 | $981.2M | $-754.0M |
自由现金流ORIVN
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $-1.1B | ||
| Q3 25 | $909.9M | $-421.0M | ||
| Q2 25 | $1.0B | $-398.0M | ||
| Q1 25 | $764.6M | $-526.0M | ||
| Q4 24 | $935.8M | $856.0M | ||
| Q3 24 | $807.9M | $-1.2B | ||
| Q2 24 | $939.2M | $-1.0B |
自由现金流率ORIVN
| Q1 26 | — | — | ||
| Q4 25 | 77.6% | -89.0% | ||
| Q3 25 | 61.9% | -27.0% | ||
| Q2 25 | 73.3% | -30.5% | ||
| Q1 25 | 55.4% | -42.4% | ||
| Q4 24 | 69.8% | 49.4% | ||
| Q3 24 | 60.7% | -131.9% | ||
| Q2 24 | 70.1% | -89.6% |
资本支出强度ORIVN
| Q1 26 | 0.0% | — | ||
| Q4 25 | 3.3% | 36.0% | ||
| Q3 25 | 2.3% | 28.7% | ||
| Q2 25 | 1.9% | 35.5% | ||
| Q1 25 | 1.7% | 27.3% | ||
| Q4 24 | 2.7% | 18.9% | ||
| Q3 24 | 2.5% | 31.7% | ||
| Q2 24 | 3.1% | 24.4% |
现金转化率ORIVN
| Q1 26 | 2.72× | — | ||
| 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× | — |
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
| Rental (including reimbursements) (1) | $1.4B | 93% |
| Other | $107.9M | 7% |
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
