vs
Public Storage（PSA）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
Rivian Automotive, Inc.的季度营收约是Public Storage的1.1倍（$1.3B vs $1.2B），Public Storage净利率更高（41.7% vs -63.1%，领先104.8%），Public Storage同比增速更快（3.3% vs -25.8%），过去两年Rivian Automotive, Inc.的营收复合增速更高（3.3% vs 2.5%）
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。
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。
PSA vs RIVN — 直观对比
营收规模更大
RIVN
是对方的1.1倍
$1.2B
营收增速更快
PSA
高出29.1%
-25.8%
净利率更高
PSA
高出104.8%
-63.1%
两年增速更快
RIVN
近两年复合增速
2.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.3B |
| 净利润 | $507.1M | $-811.0M |
| 毛利率 | — | 9.3% |
| 营业利润率 | 40.7% | -64.8% |
| 净利率 | 41.7% | -63.1% |
| 营收同比 | 3.3% | -25.8% |
| 净利润同比 | -17.5% | -9.0% |
| 每股收益（稀释后） | $2.59 | $-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PSARIVN
| Q4 25 | $1.2B | $1.3B | ||
| Q3 25 | $1.2B | $1.6B | ||
| Q2 25 | $1.2B | $1.3B | ||
| Q1 25 | $1.2B | $1.2B | ||
| Q4 24 | $1.2B | $1.7B | ||
| Q3 24 | $1.2B | $874.0M | ||
| Q2 24 | $1.2B | $1.2B | ||
| Q1 24 | $1.2B | $1.2B |
净利润PSARIVN
| Q4 25 | $507.1M | $-811.0M | ||
| Q3 25 | $511.1M | $-1.2B | ||
| Q2 25 | $358.4M | $-1.1B | ||
| Q1 25 | $407.8M | $-545.0M | ||
| Q4 24 | $614.6M | $-744.0M | ||
| Q3 24 | $430.3M | $-1.1B | ||
| Q2 24 | $518.1M | $-1.5B | ||
| Q1 24 | $508.9M | $-1.4B |
毛利率PSARIVN
| 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% | ||
| Q1 24 | — | -43.8% |
营业利润率PSARIVN
| Q4 25 | 40.7% | -64.8% | ||
| Q3 25 | 42.3% | -63.1% | ||
| Q2 25 | 30.4% | -85.5% | ||
| Q1 25 | 34.8% | -52.8% | ||
| Q4 24 | 52.4% | -38.1% | ||
| Q3 24 | 36.7% | -133.8% | ||
| Q2 24 | 44.6% | -118.7% | ||
| Q1 24 | 44.3% | -123.3% |
净利率PSARIVN
| Q4 25 | 41.7% | -63.1% | ||
| Q3 25 | 41.8% | -75.3% | ||
| Q2 25 | 29.8% | -85.7% | ||
| Q1 25 | 34.5% | -44.0% | ||
| Q4 24 | 52.2% | -42.9% | ||
| Q3 24 | 36.2% | -125.9% | ||
| Q2 24 | 44.2% | -125.8% | ||
| Q1 24 | 44.0% | -120.1% |
每股收益（稀释后）PSARIVN
| Q4 25 | $2.59 | $-0.66 | ||
| Q3 25 | $2.62 | $-0.96 | ||
| Q2 25 | $1.76 | $-0.97 | ||
| Q1 25 | $2.04 | $-0.48 | ||
| Q4 24 | $3.22 | $-0.67 | ||
| Q3 24 | $2.16 | $-1.08 | ||
| Q2 24 | $2.66 | $-1.46 | ||
| Q1 24 | $2.60 | $-1.48 |
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 | $6.1B |
| 总债务越低越好 | $10.3B | — |
| 股东权益账面价值 | $9.2B | $4.6B |
| 总资产 | $20.2B | $14.9B |
| 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PSARIVN
| Q4 25 | $318.1M | $6.1B | ||
| Q3 25 | $296.5M | $7.1B | ||
| Q2 25 | $1.1B | $7.5B | ||
| Q1 25 | $287.2M | $7.2B | ||
| Q4 24 | $447.4M | $7.7B | ||
| Q3 24 | $599.0M | $6.7B | ||
| Q2 24 | $542.3M | $7.9B | ||
| Q1 24 | $271.6M | $7.9B |
总债务PSARIVN
| Q4 25 | $10.3B | — | ||
| Q3 25 | $10.0B | — | ||
| Q2 25 | $10.4B | — | ||
| Q1 25 | $9.4B | — | ||
| Q4 24 | $9.4B | — | ||
| Q3 24 | $9.5B | — | ||
| Q2 24 | $9.4B | $5.5B | ||
| Q1 24 | $9.1B | $4.4B |
股东权益PSARIVN
| Q4 25 | $9.2B | $4.6B | ||
| Q3 25 | $9.3B | $5.1B | ||
| Q2 25 | $9.4B | $6.1B | ||
| Q1 25 | $9.6B | $6.2B | ||
| Q4 24 | $9.7B | $6.6B | ||
| Q3 24 | $9.6B | $5.9B | ||
| Q2 24 | $9.7B | $6.8B | ||
| Q1 24 | $9.9B | $8.1B |
总资产PSARIVN
| Q4 25 | $20.2B | $14.9B | ||
| Q3 25 | $20.1B | $15.2B | ||
| Q2 25 | $20.5B | $15.6B | ||
| Q1 25 | $19.6B | $15.5B | ||
| Q4 24 | $19.8B | $15.4B | ||
| Q3 24 | $19.8B | $14.3B | ||
| Q2 24 | $19.8B | $15.4B | ||
| Q1 24 | $19.6B | $15.7B |
负债/权益比PSARIVN
| Q4 25 | 1.11× | — | ||
| Q3 25 | 1.08× | — | ||
| Q2 25 | 1.11× | — | ||
| Q1 25 | 0.99× | — | ||
| Q4 24 | 0.96× | — | ||
| Q3 24 | 0.99× | — | ||
| Q2 24 | 0.97× | 0.81× | ||
| Q1 24 | 0.91× | 0.55× |
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 | $-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 | — | 36.0% |
| 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 | — | $-2.5B |
8季度趋势，按日历期对齐
经营现金流PSARIVN
| Q4 25 | $733.6M | $-681.0M | ||
| Q3 25 | $875.1M | $26.0M | ||
| Q2 25 | $872.7M | $64.0M | ||
| Q1 25 | $705.1M | $-188.0M | ||
| Q4 24 | $768.6M | $1.2B | ||
| Q3 24 | $798.8M | $-876.0M | ||
| Q2 24 | $895.3M | $-754.0M | ||
| Q1 24 | $665.6M | $-1.3B |
自由现金流PSARIVN
| Q4 25 | — | $-1.1B | ||
| Q3 25 | — | $-421.0M | ||
| Q2 25 | — | $-398.0M | ||
| Q1 25 | — | $-526.0M | ||
| Q4 24 | — | $856.0M | ||
| Q3 24 | — | $-1.2B | ||
| Q2 24 | — | $-1.0B | ||
| Q1 24 | — | $-1.5B |
自由现金流率PSARIVN
| Q4 25 | — | -89.0% | ||
| Q3 25 | — | -27.0% | ||
| Q2 25 | — | -30.5% | ||
| Q1 25 | — | -42.4% | ||
| Q4 24 | — | 49.4% | ||
| Q3 24 | — | -131.9% | ||
| Q2 24 | — | -89.6% | ||
| Q1 24 | — | -126.5% |
资本支出强度PSARIVN
| Q4 25 | — | 36.0% | ||
| Q3 25 | — | 28.7% | ||
| Q2 25 | — | 35.5% | ||
| Q1 25 | — | 27.3% | ||
| Q4 24 | — | 18.9% | ||
| Q3 24 | — | 31.7% | ||
| Q2 24 | — | 24.4% | ||
| Q1 24 | — | 21.1% |
现金转化率PSARIVN
| Q4 25 | 1.45× | — | ||
| Q3 25 | 1.71× | — | ||
| Q2 25 | 2.43× | — | ||
| Q1 25 | 1.73× | — | ||
| Q4 24 | 1.25× | — | ||
| Q3 24 | 1.86× | — | ||
| Q2 24 | 1.73× | — | ||
| Q1 24 | 1.31× | — |
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% |
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
