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Regency Centers（REG）与VIRTUS INVESTMENT PARTNERS, INC.（VRTS）财务数据对比。点击上方公司名可切换其他公司
Regency Centers的季度营收约是VIRTUS INVESTMENT PARTNERS, INC.的2.0倍（$404.2M vs $199.5M），Regency Centers净利率更高（50.1% vs 3.6%，领先46.5%），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 -5.7%）
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。
Virtus Investment Partners是一家美国多管理人资产管理企业，旗下汇集多家具备独立投资流程与自有品牌的关联投资管理人，同时也提供非关联子投资顾问服务，为客户提供多元化的资产管理解决方案。
REG vs VRTS — 直观对比
营收规模更大
REG
是对方的2.0倍
$199.5M
营收增速更快
REG
高出12.6%
-4.1%
净利率更高
REG
高出46.5%
3.6%
两年增速更快
REG
近两年复合增速
-5.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $404.2M | $199.5M |
| 净利润 | $202.5M | $7.1M |
| 毛利率 | — | — |
| 营业利润率 | 71.0% | 7.7% |
| 净利率 | 50.1% | 3.6% |
| 营收同比 | 8.5% | -4.1% |
| 净利润同比 | 134.1% | -78.1% |
| 每股收益（稀释后） | — | $1.05 |
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REGVRTS
| Q1 26 | — | $199.5M | ||
| Q4 25 | $404.2M | $208.0M | ||
| Q3 25 | $387.6M | $216.4M | ||
| Q2 25 | $380.8M | $210.5M | ||
| Q1 25 | $380.9M | $217.9M | ||
| Q4 24 | $372.5M | $233.5M | ||
| Q3 24 | $360.3M | $227.0M | ||
| Q2 24 | $357.3M | $224.4M |
净利润REGVRTS
| Q1 26 | — | $7.1M | ||
| Q4 25 | $202.5M | $33.9M | ||
| Q3 25 | $109.4M | $31.3M | ||
| Q2 25 | $106.0M | $42.7M | ||
| Q1 25 | $109.6M | $28.1M | ||
| Q4 24 | $86.5M | $39.5M | ||
| Q3 24 | $101.5M | $49.1M | ||
| Q2 24 | $102.7M | $26.0M |
营业利润率REGVRTS
| Q1 26 | — | 7.7% | ||
| Q4 25 | 71.0% | 19.1% | ||
| Q3 25 | 72.7% | 21.7% | ||
| Q2 25 | 73.8% | 21.5% | ||
| Q1 25 | 71.8% | 16.8% | ||
| Q4 24 | 71.1% | 21.7% | ||
| Q3 24 | 72.5% | 24.3% | ||
| Q2 24 | 72.3% | 19.7% |
净利率REGVRTS
| Q1 26 | — | 3.6% | ||
| Q4 25 | 50.1% | 16.3% | ||
| Q3 25 | 28.2% | 14.5% | ||
| Q2 25 | 27.8% | 20.3% | ||
| Q1 25 | 28.8% | 12.9% | ||
| Q4 24 | 23.2% | 16.9% | ||
| Q3 24 | 28.2% | 21.6% | ||
| Q2 24 | 28.7% | 11.6% |
每股收益（稀释后）REGVRTS
| Q1 26 | — | $1.05 | ||
| Q4 25 | — | $5.15 | ||
| Q3 25 | — | $4.65 | ||
| Q2 25 | — | $6.12 | ||
| Q1 25 | — | $4.05 | ||
| Q4 24 | — | $4.65 | ||
| Q3 24 | — | $5.71 | ||
| Q2 24 | — | $2.43 |
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 | — | $136.6M |
| 总债务越低越好 | $4.7B | — |
| 股东权益账面价值 | $6.9B | $93.6B |
| 总资产 | $13.0B | — |
| 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REGVRTS
| Q1 26 | — | $136.6M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
总债务REGVRTS
| Q1 26 | — | — | ||
| Q4 25 | $4.7B | $390.0M | ||
| Q3 25 | $4.9B | $390.6M | ||
| Q2 25 | $4.8B | $231.3M | ||
| Q1 25 | $4.6B | $231.7M | ||
| Q4 24 | $4.4B | $232.1M | ||
| Q3 24 | $4.4B | $237.5M | ||
| Q2 24 | $4.4B | $247.6M |
股东权益REGVRTS
| Q1 26 | — | $93.6B | ||
| Q4 25 | $6.9B | $934.0M | ||
| Q3 25 | $6.8B | $918.7M | ||
| Q2 25 | $6.7B | $896.4M | ||
| Q1 25 | $6.7B | $893.7M | ||
| Q4 24 | $6.7B | $897.5M | ||
| Q3 24 | $6.8B | $889.0M | ||
| Q2 24 | $6.8B | $868.7M |
总资产REGVRTS
| Q1 26 | — | — | ||
| Q4 25 | $13.0B | $4.3B | ||
| Q3 25 | $13.1B | $3.9B | ||
| Q2 25 | $12.7B | $3.7B | ||
| Q1 25 | $12.6B | $3.7B | ||
| Q4 24 | $12.4B | $4.0B | ||
| Q3 24 | $12.4B | $3.6B | ||
| Q2 24 | $12.4B | $3.6B |
负债/权益比REGVRTS
| Q1 26 | — | — | ||
| Q4 25 | 0.69× | 0.42× | ||
| Q3 25 | 0.72× | 0.43× | ||
| Q2 25 | 0.72× | 0.26× | ||
| Q1 25 | 0.69× | 0.26× | ||
| Q4 24 | 0.66× | 0.26× | ||
| Q3 24 | 0.65× | 0.27× | ||
| Q2 24 | 0.64× | 0.29× |
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REGVRTS
| Q1 26 | — | — | ||
| Q4 25 | $203.9M | $-67.2M | ||
| Q3 25 | $218.7M | $108.3M | ||
| Q2 25 | $244.0M | $75.8M | ||
| Q1 25 | $161.0M | $-3.8M | ||
| Q4 24 | $191.4M | $1.8M | ||
| Q3 24 | $227.6M | $69.1M | ||
| Q2 24 | $203.5M | $70.0M |
自由现金流REGVRTS
| Q1 26 | — | — | ||
| Q4 25 | — | $-74.1M | ||
| Q3 25 | — | $106.9M | ||
| Q2 25 | — | $74.2M | ||
| Q1 25 | — | $-6.8M | ||
| Q4 24 | — | $-3.8M | ||
| Q3 24 | — | $68.7M | ||
| Q2 24 | — | $68.6M |
自由现金流率REGVRTS
| Q1 26 | — | — | ||
| Q4 25 | — | -35.6% | ||
| Q3 25 | — | 49.4% | ||
| Q2 25 | — | 35.2% | ||
| Q1 25 | — | -3.1% | ||
| Q4 24 | — | -1.6% | ||
| Q3 24 | — | 30.3% | ||
| Q2 24 | — | 30.6% |
资本支出强度REGVRTS
| Q1 26 | — | — | ||
| Q4 25 | — | 3.3% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 1.4% | ||
| Q4 24 | — | 2.4% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.6% |
现金转化率REGVRTS
| Q1 26 | — | — | ||
| Q4 25 | 1.01× | -1.99× | ||
| Q3 25 | 2.00× | 3.45× | ||
| Q2 25 | 2.30× | 1.77× | ||
| Q1 25 | 1.47× | -0.13× | ||
| Q4 24 | 2.21× | 0.04× | ||
| Q3 24 | 2.24× | 1.41× | ||
| Q2 24 | 1.98× | 2.69× |
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% |
VRTS
| Investment management fees | $169.1M | 85% |
| Administration and shareholder service fees | $17.3M | 9% |
| Distribution and service fees | $11.6M | 6% |
