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Public Storage（PSA）与Rithm Capital Corp.（RITM）财务数据对比。点击上方公司名可切换其他公司
Public Storage的季度营收约是Rithm Capital Corp.的1.5倍（$1.2B vs $828.2M），Public Storage净利率更高（41.7% vs 13.2%，领先28.5%），Public Storage同比增速更快（3.3% vs -40.0%），过去两年Public Storage的营收复合增速更高（2.5% vs -17.9%）
Public Storage总部位于美国加利福尼亚州格伦代尔，是主营自助仓储业务的房地产投资信托，也是美国最大的自助仓储服务品牌，持有美国约9%的自助仓储面积。截至2024年12月31日，公司运营3073处自助仓储设施，总可出租净面积达2.21亿平方英尺。
Rithm Capital Corp.是总部位于美国纽约的投资管理机构，核心业务聚焦房地产投资与另类资产投资，依托专业的投研团队和成熟的市场运营经验，为合作伙伴及投资者提供优质的资产配置解决方案与长期收益回报。
PSA vs RITM — 直观对比
营收规模更大
PSA
是对方的1.5倍
$828.2M
营收增速更快
PSA
高出43.3%
-40.0%
净利率更高
PSA
高出28.5%
13.2%
两年增速更快
PSA
近两年复合增速
-17.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $828.2M |
| 净利润 | $507.1M | $109.5M |
| 毛利率 | — | — |
| 营业利润率 | 40.7% | — |
| 净利率 | 41.7% | 13.2% |
| 营收同比 | 3.3% | -40.0% |
| 净利润同比 | -17.5% | 20.9% |
| 每股收益（稀释后） | $2.59 | $0.12 |
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PSARITM
| Q1 26 | — | $828.2M | ||
| Q4 25 | $1.2B | $1.5B | ||
| Q3 25 | $1.2B | $1.1B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $1.2B | $768.4M | ||
| Q4 24 | $1.2B | $2.1B | ||
| Q3 24 | $1.2B | $619.5M | ||
| Q2 24 | $1.2B | $1.2B |
净利润PSARITM
| Q1 26 | — | $109.5M | ||
| Q4 25 | $507.1M | $85.0M | ||
| Q3 25 | $511.1M | $221.5M | ||
| Q2 25 | $358.4M | $311.7M | ||
| Q1 25 | $407.8M | $78.8M | ||
| Q4 24 | $614.6M | $290.2M | ||
| Q3 24 | $430.3M | $121.7M | ||
| Q2 24 | $518.1M | $235.6M |
营业利润率PSARITM
| Q1 26 | — | — | ||
| Q4 25 | 40.7% | 13.8% | ||
| Q3 25 | 42.3% | 21.4% | ||
| Q2 25 | 30.4% | 25.2% | ||
| Q1 25 | 34.8% | 7.4% | ||
| Q4 24 | 52.4% | 23.8% | ||
| Q3 24 | 36.7% | 7.3% | ||
| Q2 24 | 44.6% | 23.6% |
净利率PSARITM
| Q1 26 | — | 13.2% | ||
| Q4 25 | 41.7% | 5.7% | ||
| Q3 25 | 41.8% | 20.0% | ||
| Q2 25 | 29.8% | 25.6% | ||
| Q1 25 | 34.5% | 10.3% | ||
| Q4 24 | 52.2% | 14.0% | ||
| Q3 24 | 36.2% | 19.7% | ||
| Q2 24 | 44.2% | 19.2% |
每股收益（稀释后）PSARITM
| Q1 26 | — | $0.12 | ||
| Q4 25 | $2.59 | $0.09 | ||
| Q3 25 | $2.62 | $0.35 | ||
| Q2 25 | $1.76 | $0.53 | ||
| Q1 25 | $2.04 | $0.07 | ||
| Q4 24 | $3.22 | $0.50 | ||
| Q3 24 | $2.16 | $0.20 | ||
| Q2 24 | $2.66 | $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 | $318.1M | — |
| 总债务越低越好 | $10.3B | — |
| 股东权益账面价值 | $9.2B | $9.1B |
| 总资产 | $20.2B | $53.4B |
| 负债/权益比越低杠杆越低 | 1.11× | — |
8季度趋势，按日历期对齐
现金及短期投资PSARITM
| Q1 26 | — | — | ||
| Q4 25 | $318.1M | $1.8B | ||
| Q3 25 | $296.5M | $1.6B | ||
| Q2 25 | $1.1B | $1.6B | ||
| Q1 25 | $287.2M | $1.5B | ||
| Q4 24 | $447.4M | $1.5B | ||
| Q3 24 | $599.0M | $1.6B | ||
| Q2 24 | $542.3M | $1.2B |
总债务PSARITM
| Q1 26 | — | — | ||
| Q4 25 | $10.3B | $35.4B | ||
| Q3 25 | $10.0B | $32.2B | ||
| Q2 25 | $10.4B | $31.2B | ||
| Q1 25 | $9.4B | $32.2B | ||
| Q4 24 | $9.4B | $32.6B | ||
| Q3 24 | $9.5B | $29.6B | ||
| Q2 24 | $9.4B | $30.1B |
股东权益PSARITM
| Q1 26 | — | $9.1B | ||
| Q4 25 | $9.2B | $8.4B | ||
| Q3 25 | $9.3B | $8.5B | ||
| Q2 25 | $9.4B | $7.9B | ||
| Q1 25 | $9.6B | $7.8B | ||
| Q4 24 | $9.7B | $7.8B | ||
| Q3 24 | $9.6B | $7.7B | ||
| Q2 24 | $9.7B | $7.3B |
总资产PSARITM
| Q1 26 | — | $53.4B | ||
| Q4 25 | $20.2B | $53.1B | ||
| Q3 25 | $20.1B | $47.2B | ||
| Q2 25 | $20.5B | $44.3B | ||
| Q1 25 | $19.6B | $45.3B | ||
| Q4 24 | $19.8B | $46.0B | ||
| Q3 24 | $19.8B | $42.3B | ||
| Q2 24 | $19.8B | $42.0B |
负债/权益比PSARITM
| Q1 26 | — | — | ||
| Q4 25 | 1.11× | 4.20× | ||
| Q3 25 | 1.08× | 3.79× | ||
| Q2 25 | 1.11× | 3.92× | ||
| Q1 25 | 0.99× | 4.14× | ||
| Q4 24 | 0.96× | 4.18× | ||
| Q3 24 | 0.99× | 3.87× | ||
| Q2 24 | 0.97× | 4.10× |
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 | $733.6M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 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 | 1.45× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流PSARITM
| Q1 26 | — | — | ||
| Q4 25 | $733.6M | $-114.6M | ||
| Q3 25 | $875.1M | $-2.0B | ||
| Q2 25 | $872.7M | $-557.1M | ||
| Q1 25 | $705.1M | $1.4B | ||
| Q4 24 | $768.6M | $-1.8B | ||
| Q3 24 | $798.8M | $768.1M | ||
| Q2 24 | $895.3M | $-55.7M |
现金转化率PSARITM
| Q1 26 | — | — | ||
| Q4 25 | 1.45× | -1.35× | ||
| Q3 25 | 1.71× | -9.22× | ||
| Q2 25 | 2.43× | -1.79× | ||
| Q1 25 | 1.73× | 18.03× | ||
| Q4 24 | 1.25× | -6.04× | ||
| Q3 24 | 1.86× | 6.31× | ||
| Q2 24 | 1.73× | -0.24× |
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
PSA
| Self Storage Operations | $1.1B | 93% |
| Ancillary Operations | $86.9M | 7% |
RITM
| Servicing revenue, net | $375.1M | 45% |
| Other | $234.9M | 28% |
| Gain on originated residential mortgage loans, held-for-sale, net | $195.0M | 24% |
| Other revenue | $23.3M | 3% |
