vs
Regency Centers（REG）与SSR MINING INC.（SSRM）财务数据对比。点击上方公司名可切换其他公司
SSR MINING INC.的季度营收约是Regency Centers的1.3倍（$521.7M vs $404.2M），Regency Centers净利率更高（50.1% vs 34.8%，领先15.3%），SSR MINING INC.同比增速更快（61.4% vs 8.5%），过去两年SSR MINING INC.的营收复合增速更高（50.5% vs 5.4%）
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。
SSR Mining Inc.（前身为白银标准资源公司）总部位于美国科罗拉多州丹佛，主营金、银、铜、铅、锌矿产开采，拥有阿根廷最大的银矿，同时在美洲全境及土耳其开展矿产勘探业务。2020年与阿拉瑟黄金合并后迁至丹佛，现任总裁兼首席执行官为罗德尼·P·安塔尔。
REG vs SSRM — 直观对比
营收规模更大
SSRM
是对方的1.3倍
$404.2M
营收增速更快
SSRM
高出52.9%
8.5%
净利率更高
REG
高出15.3%
34.8%
两年增速更快
SSRM
近两年复合增速
5.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $404.2M | $521.7M |
| 净利润 | $202.5M | $181.5M |
| 毛利率 | — | — |
| 营业利润率 | 71.0% | 38.8% |
| 净利率 | 50.1% | 34.8% |
| 营收同比 | 8.5% | 61.4% |
| 净利润同比 | 134.1% | 3166.6% |
| 每股收益（稀释后） | — | $0.84 |
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REGSSRM
| Q4 25 | $404.2M | $521.7M | ||
| Q3 25 | $387.6M | $385.8M | ||
| Q2 25 | $380.8M | $405.5M | ||
| Q1 25 | $380.9M | $316.6M | ||
| Q4 24 | $372.5M | $323.2M | ||
| Q3 24 | $360.3M | $257.4M | ||
| Q2 24 | $357.3M | $184.8M | ||
| Q1 24 | $363.9M | $230.2M |
净利润REGSSRM
| Q4 25 | $202.5M | $181.5M | ||
| Q3 25 | $109.4M | $65.4M | ||
| Q2 25 | $106.0M | $90.1M | ||
| Q1 25 | $109.6M | $58.8M | ||
| Q4 24 | $86.5M | $5.6M | ||
| Q3 24 | $101.5M | $10.6M | ||
| Q2 24 | $102.7M | $9.7M | ||
| Q1 24 | $109.8M | $-287.1M |
营业利润率REGSSRM
| Q4 25 | 71.0% | 38.8% | ||
| Q3 25 | 72.7% | 21.6% | ||
| Q2 25 | 73.8% | 26.9% | ||
| Q1 25 | 71.8% | 21.1% | ||
| Q4 24 | 71.1% | 10.6% | ||
| Q3 24 | 72.5% | 3.5% | ||
| Q2 24 | 72.3% | 5.8% | ||
| Q1 24 | 72.3% | -163.5% |
净利率REGSSRM
| Q4 25 | 50.1% | 34.8% | ||
| Q3 25 | 28.2% | 17.0% | ||
| Q2 25 | 27.8% | 22.2% | ||
| Q1 25 | 28.8% | 18.6% | ||
| Q4 24 | 23.2% | 1.7% | ||
| Q3 24 | 28.2% | 4.1% | ||
| Q2 24 | 28.7% | 5.2% | ||
| Q1 24 | 30.2% | -124.7% |
每股收益（稀释后）REGSSRM
| Q4 25 | — | $0.84 | ||
| Q3 25 | — | $0.31 | ||
| Q2 25 | — | $0.42 | ||
| Q1 25 | — | $0.28 | ||
| Q4 24 | — | $0.03 | ||
| Q3 24 | — | $0.05 | ||
| Q2 24 | — | $0.05 | ||
| Q1 24 | — | $-1.42 |
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 | — | $575.6M |
| 总债务越低越好 | $4.7B | — |
| 股东权益账面价值 | $6.9B | $3.5B |
| 总资产 | $13.0B | $6.1B |
| 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REGSSRM
| Q4 25 | — | $575.6M | ||
| Q3 25 | — | $445.4M | ||
| Q2 25 | — | $438.5M | ||
| Q1 25 | — | $341.3M | ||
| Q4 24 | — | $417.3M | ||
| Q3 24 | — | $365.8M | ||
| Q2 24 | — | $384.4M | ||
| Q1 24 | — | $492.0M |
总债务REGSSRM
| Q4 25 | $4.7B | — | ||
| Q3 25 | $4.9B | — | ||
| Q2 25 | $4.8B | — | ||
| Q1 25 | $4.6B | — | ||
| Q4 24 | $4.4B | $228.6M | ||
| Q3 24 | $4.4B | $228.3M | ||
| Q2 24 | $4.4B | $228.0M | ||
| Q1 24 | $4.4B | $228.7M |
股东权益REGSSRM
| Q4 25 | $6.9B | $3.5B | ||
| Q3 25 | $6.8B | $3.3B | ||
| Q2 25 | $6.7B | $3.3B | ||
| Q1 25 | $6.7B | $3.2B | ||
| Q4 24 | $6.7B | $3.1B | ||
| Q3 24 | $6.8B | $3.1B | ||
| Q2 24 | $6.8B | $3.1B | ||
| Q1 24 | $7.0B | $3.1B |
总资产REGSSRM
| Q4 25 | $13.0B | $6.1B | ||
| Q3 25 | $13.1B | $5.9B | ||
| Q2 25 | $12.7B | $5.8B | ||
| Q1 25 | $12.6B | $5.6B | ||
| Q4 24 | $12.4B | $5.2B | ||
| Q3 24 | $12.4B | $5.1B | ||
| Q2 24 | $12.4B | $5.2B | ||
| Q1 24 | $12.7B | $5.3B |
负债/权益比REGSSRM
| Q4 25 | 0.69× | — | ||
| Q3 25 | 0.72× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.69× | — | ||
| Q4 24 | 0.66× | 0.07× | ||
| Q3 24 | 0.65× | 0.07× | ||
| Q2 24 | 0.64× | 0.07× | ||
| Q1 24 | 0.63× | 0.07× |
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 | $172.1M |
| 自由现金流经营现金流 - 资本支出 | — | $106.4M |
| 自由现金流率自由现金流/营收 | — | 20.4% |
| 资本支出强度资本支出/营收 | — | 12.6% |
| 现金转化率经营现金流/净利润 | 1.01× | 0.95× |
| 过去12个月自由现金流最近4个季度 | — | $241.6M |
8季度趋势，按日历期对齐
经营现金流REGSSRM
| Q4 25 | $203.9M | $172.1M | ||
| Q3 25 | $218.7M | $57.2M | ||
| Q2 25 | $244.0M | $157.8M | ||
| Q1 25 | $161.0M | $84.8M | ||
| Q4 24 | $191.4M | $95.0M | ||
| Q3 24 | $227.6M | $-1.3M | ||
| Q2 24 | $203.5M | $-78.1M | ||
| Q1 24 | $167.8M | $24.6M |
自由现金流REGSSRM
| Q4 25 | — | $106.4M | ||
| Q3 25 | — | $-2.4M | ||
| Q2 25 | — | $98.4M | ||
| Q1 25 | — | $39.3M | ||
| Q4 24 | — | $56.4M | ||
| Q3 24 | — | $-34.1M | ||
| Q2 24 | — | $-116.3M | ||
| Q1 24 | — | $-9.4M |
自由现金流率REGSSRM
| Q4 25 | — | 20.4% | ||
| Q3 25 | — | -0.6% | ||
| Q2 25 | — | 24.3% | ||
| Q1 25 | — | 12.4% | ||
| Q4 24 | — | 17.5% | ||
| Q3 24 | — | -13.2% | ||
| Q2 24 | — | -62.9% | ||
| Q1 24 | — | -4.1% |
资本支出强度REGSSRM
| Q4 25 | — | 12.6% | ||
| Q3 25 | — | 15.4% | ||
| Q2 25 | — | 14.7% | ||
| Q1 25 | — | 14.4% | ||
| Q4 24 | — | 11.9% | ||
| Q3 24 | — | 12.7% | ||
| Q2 24 | — | 20.7% | ||
| Q1 24 | — | 14.8% |
现金转化率REGSSRM
| Q4 25 | 1.01× | 0.95× | ||
| Q3 25 | 2.00× | 0.87× | ||
| Q2 25 | 2.30× | 1.75× | ||
| Q1 25 | 1.47× | 1.44× | ||
| Q4 24 | 2.21× | 17.10× | ||
| Q3 24 | 2.24× | -0.13× | ||
| Q2 24 | 1.98× | -8.06× | ||
| Q1 24 | 1.53× | — |
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% |
SSRM
| Gold | $369.3M | 71% |
| Concentrate Sales | $124.4M | 24% |
| Other | $19.1M | 4% |
| Lead | $9.0M | 2% |
