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Regency Centers（REG）与BOSTON BEER CO INC（SAM）财务数据对比。点击上方公司名可切换其他公司
BOSTON BEER CO INC的季度营收约是Regency Centers的1.1倍（$461.6M vs $404.2M），Regency Centers同比增速更快（8.5% vs -4.1%），过去两年Regency Centers的营收复合增速更高（5.4% vs -10.7%）
Regency Centers是总部位于美国佛罗里达州杰克逊维尔的房地产投资信托基金，也是以超市为核心租户的大型购物中心运营商之一。截至2020年10月21日，公司共持有415处物业，总建筑面积达5600万平方英尺，知名资产包括Serramonte Center及Village District 30%的股权。
波士顿啤酒公司是美国知名酿酒企业，1984年由吉姆·科赫与朗达·卡尔曼联合创立。旗下首款产品以美国开国元勋、独立运动先驱塞缪尔·亚当斯命名，后续陆续推出多个自有品牌，2019年正式完成与角鲨头酿酒厂的合并，是北美精酿啤酒行业的核心参与者之一。
REG vs SAM — 直观对比
营收规模更大
SAM
是对方的1.1倍
$404.2M
营收增速更快
REG
高出12.6%
-4.1%
两年增速更快
REG
近两年复合增速
-10.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $404.2M | $461.6M |
| 净利润 | $202.5M | — |
| 毛利率 | — | 46.4% |
| 营业利润率 | 71.0% | 12.4% |
| 净利率 | 50.1% | — |
| 营收同比 | 8.5% | -4.1% |
| 净利润同比 | 134.1% | — |
| 每股收益（稀释后） | — | $2.16 |
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REGSAM
| Q1 26 | — | $461.6M | ||
| Q4 25 | $404.2M | $385.7M | ||
| Q3 25 | $387.6M | $537.5M | ||
| Q2 25 | $380.8M | $587.9M | ||
| Q1 25 | $380.9M | $453.9M | ||
| Q4 24 | $372.5M | $402.3M | ||
| Q3 24 | $360.3M | $605.5M | ||
| Q2 24 | $357.3M | $579.1M |
净利润REGSAM
| Q1 26 | — | — | ||
| Q4 25 | $202.5M | $-22.5M | ||
| Q3 25 | $109.4M | $46.2M | ||
| Q2 25 | $106.0M | $60.4M | ||
| Q1 25 | $109.6M | $24.4M | ||
| Q4 24 | $86.5M | $-38.8M | ||
| Q3 24 | $101.5M | $33.5M | ||
| Q2 24 | $102.7M | $52.3M |
毛利率REGSAM
| Q1 26 | — | 46.4% | ||
| Q4 25 | — | 43.5% | ||
| Q3 25 | — | 50.8% | ||
| Q2 25 | — | 49.8% | ||
| Q1 25 | — | 48.3% | ||
| Q4 24 | — | 39.9% | ||
| Q3 24 | — | 46.3% | ||
| Q2 24 | — | 46.0% |
营业利润率REGSAM
| Q1 26 | — | 12.4% | ||
| Q4 25 | 71.0% | -8.6% | ||
| Q3 25 | 72.7% | 11.5% | ||
| Q2 25 | 73.8% | 14.0% | ||
| Q1 25 | 71.8% | 7.4% | ||
| Q4 24 | 71.1% | -13.9% | ||
| Q3 24 | 72.5% | 7.6% | ||
| Q2 24 | 72.3% | 12.2% |
净利率REGSAM
| Q1 26 | — | — | ||
| Q4 25 | 50.1% | -5.8% | ||
| Q3 25 | 28.2% | 8.6% | ||
| Q2 25 | 27.8% | 10.3% | ||
| Q1 25 | 28.8% | 5.4% | ||
| Q4 24 | 23.2% | -9.6% | ||
| Q3 24 | 28.2% | 5.5% | ||
| Q2 24 | 28.7% | 9.0% |
每股收益（稀释后）REGSAM
| Q1 26 | — | $2.16 | ||
| Q4 25 | — | $-1.97 | ||
| Q3 25 | — | $4.25 | ||
| Q2 25 | — | $5.45 | ||
| Q1 25 | — | $2.16 | ||
| Q4 24 | — | $-3.23 | ||
| Q3 24 | — | $2.86 | ||
| Q2 24 | — | $4.39 |
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 | — | $164.1M |
| 总债务越低越好 | $4.7B | — |
| 股东权益账面价值 | $6.9B | $682.6M |
| 总资产 | $13.0B | $1.2B |
| 负债/权益比越低杠杆越低 | 0.69× | — |
8季度趋势，按日历期对齐
现金及短期投资REGSAM
| Q1 26 | — | $164.1M | ||
| Q4 25 | — | $223.4M | ||
| Q3 25 | — | $250.5M | ||
| Q2 25 | — | $212.4M | ||
| Q1 25 | — | $152.5M | ||
| Q4 24 | — | $211.8M | ||
| Q3 24 | — | $255.6M | ||
| Q2 24 | — | $219.3M |
总债务REGSAM
| Q1 26 | — | — | ||
| Q4 25 | $4.7B | — | ||
| Q3 25 | $4.9B | — | ||
| Q2 25 | $4.8B | — | ||
| Q1 25 | $4.6B | — | ||
| Q4 24 | $4.4B | — | ||
| Q3 24 | $4.4B | — | ||
| Q2 24 | $4.4B | — |
股东权益REGSAM
| Q1 26 | — | $682.6M | ||
| Q4 25 | $6.9B | $846.3M | ||
| Q3 25 | $6.8B | $911.0M | ||
| Q2 25 | $6.7B | $912.3M | ||
| Q1 25 | $6.7B | $897.0M | ||
| Q4 24 | $6.7B | $916.2M | ||
| Q3 24 | $6.8B | $1.0B | ||
| Q2 24 | $6.8B | $1.0B |
总资产REGSAM
| Q1 26 | — | $1.2B | ||
| Q4 25 | $13.0B | $1.2B | ||
| Q3 25 | $13.1B | $1.2B | ||
| Q2 25 | $12.7B | $1.3B | ||
| Q1 25 | $12.6B | $1.2B | ||
| Q4 24 | $12.4B | $1.3B | ||
| Q3 24 | $12.4B | $1.4B | ||
| Q2 24 | $12.4B | $1.4B |
负债/权益比REGSAM
| Q1 26 | — | — | ||
| Q4 25 | 0.69× | — | ||
| Q3 25 | 0.72× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.69× | — | ||
| Q4 24 | 0.66× | — | ||
| Q3 24 | 0.65× | — | ||
| Q2 24 | 0.64× | — |
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 | $203.9M | — |
| 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 | 1.01× | — |
| 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REGSAM
| Q1 26 | — | — | ||
| Q4 25 | $203.9M | $39.9M | ||
| Q3 25 | $218.7M | $101.8M | ||
| Q2 25 | $244.0M | $126.5M | ||
| Q1 25 | $161.0M | $1.9M | ||
| Q4 24 | $191.4M | $41.9M | ||
| Q3 24 | $227.6M | $115.9M | ||
| Q2 24 | $203.5M | $96.0M |
自由现金流REGSAM
| Q1 26 | — | — | ||
| Q4 25 | — | $22.1M | ||
| Q3 25 | — | $89.2M | ||
| Q2 25 | — | $112.2M | ||
| Q1 25 | — | $-8.0M | ||
| Q4 24 | — | $18.4M | ||
| Q3 24 | — | $99.2M | ||
| Q2 24 | — | $75.6M |
自由现金流率REGSAM
| Q1 26 | — | — | ||
| Q4 25 | — | 5.7% | ||
| Q3 25 | — | 16.6% | ||
| Q2 25 | — | 19.1% | ||
| Q1 25 | — | -1.8% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | — | 16.4% | ||
| Q2 24 | — | 13.1% |
资本支出强度REGSAM
| Q1 26 | — | — | ||
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 2.3% | ||
| Q2 25 | — | 2.4% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | — | 2.8% | ||
| Q2 24 | — | 3.5% |
现金转化率REGSAM
| Q1 26 | — | — | ||
| Q4 25 | 1.01× | — | ||
| Q3 25 | 2.00× | 2.21× | ||
| Q2 25 | 2.30× | 2.09× | ||
| Q1 25 | 1.47× | 0.08× | ||
| Q4 24 | 2.21× | — | ||
| Q3 24 | 2.24× | 3.46× | ||
| Q2 24 | 1.98× | 1.83× |
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
REG
| Shopping Centers | $418.0M | 103% |
| Propertymanagementservices | $4.1M | 1% |
| Assetmanagementservices | $1.7M | 0% |
SAM
暂无分部数据
