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Regency Centers（REG）与STERLING INFRASTRUCTURE, INC.（STRL）财务数据对比。点击上方公司名可切换其他公司
STERLING INFRASTRUCTURE, INC.的季度营收约是Regency Centers的2.0倍（$825.7M vs $404.2M），Regency Centers净利率更高（50.1% vs 11.6%，领先38.5%），STERLING INFRASTRUCTURE, INC.同比增速更快（91.6% vs 8.5%），过去两年STERLING INFRASTRUCTURE, INC.的营收复合增速更高（19.0% 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。
本公司是总部位于印度马哈拉施特拉邦孟买的跨国工程总承包（EPC）企业，业务覆盖可再生能源、数据中心、柴油发电、机电水暖（MEP）服务等多个领域，已在全球三十余个国家交付项目，执行团队遍布亚洲、中东、非洲、欧洲及澳大利亚。
REG vs STRL — 直观对比
营收规模更大
STRL
是对方的2.0倍
$404.2M
营收增速更快
STRL
高出83.1%
8.5%
净利率更高
REG
高出38.5%
11.6%
两年增速更快
STRL
近两年复合增速
5.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $404.2M | $825.7M |
| 净利润 | $202.5M | $96.0M |
| 毛利率 | — | 23.5% |
| 营业利润率 | 71.0% | 16.7% |
| 净利率 | 50.1% | 11.6% |
| 营收同比 | 8.5% | 91.6% |
| 净利润同比 | 134.1% | 143.1% |
| 每股收益（稀释后） | — | $3.09 |
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REGSTRL
| Q1 26 | — | $825.7M | ||
| Q4 25 | $404.2M | $755.6M | ||
| Q3 25 | $387.6M | $689.0M | ||
| Q2 25 | $380.8M | $614.5M | ||
| Q1 25 | $380.9M | $430.9M | ||
| Q4 24 | $372.5M | $498.8M | ||
| Q3 24 | $360.3M | $593.7M | ||
| Q2 24 | $357.3M | $582.8M |
净利润REGSTRL
| Q1 26 | — | $96.0M | ||
| Q4 25 | $202.5M | $87.6M | ||
| Q3 25 | $109.4M | $92.1M | ||
| Q2 25 | $106.0M | $71.0M | ||
| Q1 25 | $109.6M | $39.5M | ||
| Q4 24 | $86.5M | $113.2M | ||
| Q3 24 | $101.5M | $61.3M | ||
| Q2 24 | $102.7M | $51.9M |
毛利率REGSTRL
| Q1 26 | — | 23.5% | ||
| Q4 25 | — | 21.7% | ||
| Q3 25 | — | 24.7% | ||
| Q2 25 | — | 23.3% | ||
| Q1 25 | — | 22.0% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | — | 21.9% | ||
| Q2 24 | — | 19.3% |
营业利润率REGSTRL
| Q1 26 | — | 16.7% | ||
| Q4 25 | 71.0% | 15.9% | ||
| Q3 25 | 72.7% | 18.2% | ||
| Q2 25 | 73.8% | 17.0% | ||
| Q1 25 | 71.8% | 13.0% | ||
| Q4 24 | 71.1% | 12.5% | ||
| Q3 24 | 72.5% | 14.7% | ||
| Q2 24 | 72.3% | 12.5% |
净利率REGSTRL
| Q1 26 | — | 11.6% | ||
| Q4 25 | 50.1% | 11.6% | ||
| Q3 25 | 28.2% | 13.4% | ||
| Q2 25 | 27.8% | 11.6% | ||
| Q1 25 | 28.8% | 9.2% | ||
| Q4 24 | 23.2% | 22.7% | ||
| Q3 24 | 28.2% | 10.3% | ||
| Q2 24 | 28.7% | 8.9% |
每股收益（稀释后）REGSTRL
| Q1 26 | — | $3.09 | ||
| Q4 25 | — | $2.82 | ||
| Q3 25 | — | $2.97 | ||
| Q2 25 | — | $2.31 | ||
| Q1 25 | — | $1.28 | ||
| Q4 24 | — | $3.63 | ||
| Q3 24 | — | $1.97 | ||
| Q2 24 | — | $1.67 |
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 | — | $511.9M |
| 总债务越低越好 | $4.7B | $287.5M |
| 股东权益账面价值 | $6.9B | $1.2B |
| 总资产 | $13.0B | $2.8B |
| 负债/权益比越低杠杆越低 | 0.69× | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资REGSTRL
| Q1 26 | — | $511.9M | ||
| Q4 25 | — | $390.7M | ||
| Q3 25 | — | $306.4M | ||
| Q2 25 | — | $699.4M | ||
| Q1 25 | — | $638.6M | ||
| Q4 24 | — | $664.2M | ||
| Q3 24 | — | $648.1M | ||
| Q2 24 | — | $540.0M |
总债务REGSTRL
| Q1 26 | — | $287.5M | ||
| 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REGSTRL
| Q1 26 | — | $1.2B | ||
| Q4 25 | $6.9B | $1.1B | ||
| Q3 25 | $6.8B | $1.1B | ||
| Q2 25 | $6.7B | $881.7M | ||
| Q1 25 | $6.7B | $805.4M | ||
| Q4 24 | $6.7B | $808.1M | ||
| Q3 24 | $6.8B | $716.5M | ||
| Q2 24 | $6.8B | $670.7M |
总资产REGSTRL
| Q1 26 | — | $2.8B | ||
| Q4 25 | $13.0B | $2.6B | ||
| Q3 25 | $13.1B | $2.6B | ||
| Q2 25 | $12.7B | $2.2B | ||
| Q1 25 | $12.6B | $2.0B | ||
| Q4 24 | $12.4B | $2.0B | ||
| Q3 24 | $12.4B | $2.0B | ||
| Q2 24 | $12.4B | $2.0B |
负债/权益比REGSTRL
| Q1 26 | — | 0.24× | ||
| 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 | $165.6M |
| 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 | — | 2.4% |
| 现金转化率经营现金流/净利润 | 1.01× | 1.73× |
| 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REGSTRL
| Q1 26 | — | $165.6M | ||
| Q4 25 | $203.9M | $186.1M | ||
| Q3 25 | $218.7M | $83.6M | ||
| Q2 25 | $244.0M | $85.4M | ||
| Q1 25 | $161.0M | $84.9M | ||
| Q4 24 | $191.4M | $174.3M | ||
| Q3 24 | $227.6M | $152.3M | ||
| Q2 24 | $203.5M | $121.0M |
自由现金流REGSTRL
| Q1 26 | — | — | ||
| Q4 25 | — | $159.7M | ||
| Q3 25 | — | $64.0M | ||
| Q2 25 | — | $72.1M | ||
| Q1 25 | — | $67.0M | ||
| Q4 24 | — | $158.6M | ||
| Q3 24 | — | $138.3M | ||
| Q2 24 | — | $92.1M |
自由现金流率REGSTRL
| Q1 26 | — | — | ||
| Q4 25 | — | 21.1% | ||
| Q3 25 | — | 9.3% | ||
| Q2 25 | — | 11.7% | ||
| Q1 25 | — | 15.5% | ||
| Q4 24 | — | 31.8% | ||
| Q3 24 | — | 23.3% | ||
| Q2 24 | — | 15.8% |
资本支出强度REGSTRL
| Q1 26 | — | 2.4% | ||
| Q4 25 | — | 3.5% | ||
| Q3 25 | — | 2.9% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 4.2% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | — | 2.4% | ||
| Q2 24 | — | 5.0% |
现金转化率REGSTRL
| Q1 26 | — | 1.73× | ||
| Q4 25 | 1.01× | 2.12× | ||
| Q3 25 | 2.00× | 0.91× | ||
| Q2 25 | 2.30× | 1.20× | ||
| Q1 25 | 1.47× | 2.15× | ||
| Q4 24 | 2.21× | 1.54× | ||
| Q3 24 | 2.24× | 2.48× | ||
| Q2 24 | 1.98× | 2.33× |
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% |
STRL
| E-Infrastructure Solutions | $597.7M | 72% |
| Transportation Solutions | $132.9M | 16% |
| Building Solutions | $95.1M | 12% |
