vs
Public Storage（PSA）与ROKU, INC（ROKU）财务数据对比。点击上方公司名可切换其他公司
ROKU, INC的季度营收约是Public Storage的1.1倍（$1.4B vs $1.2B），Public Storage净利率更高（41.7% vs 5.8%，领先35.9%），ROKU, INC同比增速更快（16.1% vs 3.3%），过去两年ROKU, INC的营收复合增速更高（25.8% 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。
Roku是美国流媒体技术企业，2002年由安东尼·伍德创立，主营数字媒体播放器、电视硬件生产，流媒体内容分发及平台广告运营。截至2024年覆盖用户达1.45亿，是美国流媒体视频分发领域的市场领导者，业务覆盖澳、加、法、德、英及拉美多国。
PSA vs ROKU — 直观对比
营收规模更大
ROKU
是对方的1.1倍
$1.2B
营收增速更快
ROKU
高出12.9%
3.3%
净利率更高
PSA
高出35.9%
5.8%
两年增速更快
ROKU
近两年复合增速
2.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.4B |
| 净利润 | $507.1M | $80.5M |
| 毛利率 | — | 43.5% |
| 营业利润率 | 40.7% | 4.7% |
| 净利率 | 41.7% | 5.8% |
| 营收同比 | 3.3% | 16.1% |
| 净利润同比 | -17.5% | 326.4% |
| 每股收益（稀释后） | $2.59 | $0.55 |
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PSAROKU
| Q4 25 | $1.2B | $1.4B | ||
| Q3 25 | $1.2B | $1.2B | ||
| Q2 25 | $1.2B | $1.1B | ||
| Q1 25 | $1.2B | $1.0B | ||
| Q4 24 | $1.2B | $1.2B | ||
| Q3 24 | $1.2B | $1.1B | ||
| Q2 24 | $1.2B | $968.2M | ||
| Q1 24 | $1.2B | $881.5M |
净利润PSAROKU
| Q4 25 | $507.1M | $80.5M | ||
| Q3 25 | $511.1M | $24.8M | ||
| Q2 25 | $358.4M | $10.5M | ||
| Q1 25 | $407.8M | $-27.4M | ||
| Q4 24 | $614.6M | $-35.5M | ||
| Q3 24 | $430.3M | $-9.0M | ||
| Q2 24 | $518.1M | $-34.0M | ||
| Q1 24 | $508.9M | $-50.9M |
毛利率PSAROKU
| Q4 25 | — | 43.5% | ||
| Q3 25 | — | 43.4% | ||
| Q2 25 | — | 44.8% | ||
| Q1 25 | — | 43.6% | ||
| Q4 24 | — | 42.7% | ||
| Q3 24 | — | 45.2% | ||
| Q2 24 | — | 43.9% | ||
| Q1 24 | — | 44.1% |
营业利润率PSAROKU
| Q4 25 | 40.7% | 4.7% | ||
| Q3 25 | 42.3% | 0.8% | ||
| Q2 25 | 30.4% | -2.1% | ||
| Q1 25 | 34.8% | -5.7% | ||
| Q4 24 | 52.4% | -3.3% | ||
| Q3 24 | 36.7% | -3.4% | ||
| Q2 24 | 44.6% | -7.4% | ||
| Q1 24 | 44.3% | -8.2% |
净利率PSAROKU
| Q4 25 | 41.7% | 5.8% | ||
| Q3 25 | 41.8% | 2.0% | ||
| Q2 25 | 29.8% | 0.9% | ||
| Q1 25 | 34.5% | -2.7% | ||
| Q4 24 | 52.2% | -3.0% | ||
| Q3 24 | 36.2% | -0.9% | ||
| Q2 24 | 44.2% | -3.5% | ||
| Q1 24 | 44.0% | -5.8% |
每股收益（稀释后）PSAROKU
| Q4 25 | $2.59 | $0.55 | ||
| Q3 25 | $2.62 | $0.16 | ||
| Q2 25 | $1.76 | $0.07 | ||
| Q1 25 | $2.04 | $-0.19 | ||
| Q4 24 | $3.22 | $-0.24 | ||
| Q3 24 | $2.16 | $-0.06 | ||
| Q2 24 | $2.66 | $-0.24 | ||
| Q1 24 | $2.60 | $-0.35 |
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 | $2.3B |
| 总债务越低越好 | $10.3B | — |
| 股东权益账面价值 | $9.2B | $2.7B |
| 总资产 | $20.2B | $4.4B |
| 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PSAROKU
| Q4 25 | $318.1M | $2.3B | ||
| Q3 25 | $296.5M | $2.3B | ||
| Q2 25 | $1.1B | $2.3B | ||
| Q1 25 | $287.2M | $2.3B | ||
| Q4 24 | $447.4M | $2.2B | ||
| Q3 24 | $599.0M | $2.1B | ||
| Q2 24 | $542.3M | $2.1B | ||
| Q1 24 | $271.6M | $2.1B |
总债务PSAROKU
| 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 | — | ||
| Q1 24 | $9.1B | — |
股东权益PSAROKU
| Q4 25 | $9.2B | $2.7B | ||
| Q3 25 | $9.3B | $2.6B | ||
| Q2 25 | $9.4B | $2.6B | ||
| Q1 25 | $9.6B | $2.5B | ||
| Q4 24 | $9.7B | $2.5B | ||
| Q3 24 | $9.6B | $2.5B | ||
| Q2 24 | $9.7B | $2.4B | ||
| Q1 24 | $9.9B | $2.4B |
总资产PSAROKU
| Q4 25 | $20.2B | $4.4B | ||
| Q3 25 | $20.1B | $4.4B | ||
| Q2 25 | $20.5B | $4.3B | ||
| Q1 25 | $19.6B | $4.2B | ||
| Q4 24 | $19.8B | $4.3B | ||
| Q3 24 | $19.8B | $4.3B | ||
| Q2 24 | $19.8B | $4.1B | ||
| Q1 24 | $19.6B | $4.2B |
负债/权益比PSAROKU
| 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× | — | ||
| Q1 24 | 0.91× | — |
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 | $107.7M |
| 自由现金流经营现金流 - 资本支出 | — | $106.6M |
| 自由现金流率自由现金流/营收 | — | 7.6% |
| 资本支出强度资本支出/营收 | — | 0.1% |
| 现金转化率经营现金流/净利润 | 1.45× | 1.34× |
| 过去12个月自由现金流最近4个季度 | — | $478.4M |
8季度趋势，按日历期对齐
经营现金流PSAROKU
| Q4 25 | $733.6M | $107.7M | ||
| Q3 25 | $875.1M | $127.6M | ||
| Q2 25 | $872.7M | $109.7M | ||
| Q1 25 | $705.1M | $138.7M | ||
| Q4 24 | $768.6M | $79.3M | ||
| Q3 24 | $798.8M | $68.7M | ||
| Q2 24 | $895.3M | $23.4M | ||
| Q1 24 | $665.6M | $46.7M |
自由现金流PSAROKU
| Q4 25 | — | $106.6M | ||
| Q3 25 | — | $126.5M | ||
| Q2 25 | — | $108.6M | ||
| Q1 25 | — | $136.8M | ||
| Q4 24 | — | $76.8M | ||
| Q3 24 | — | $67.6M | ||
| Q2 24 | — | $22.5M | ||
| Q1 24 | — | $46.0M |
自由现金流率PSAROKU
| Q4 25 | — | 7.6% | ||
| Q3 25 | — | 10.4% | ||
| Q2 25 | — | 9.8% | ||
| Q1 25 | — | 13.4% | ||
| Q4 24 | — | 6.4% | ||
| Q3 24 | — | 6.4% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | — | 5.2% |
资本支出强度PSAROKU
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 0.1% |
现金转化率PSAROKU
| Q4 25 | 1.45× | 1.34× | ||
| Q3 25 | 1.71× | 5.14× | ||
| Q2 25 | 2.43× | 10.45× | ||
| 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% |
ROKU
| Services | $1.2B | 88% |
| Products | $170.9M | 12% |
