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Regency Centers（REG）与Vestis Corp（VSTS）财务数据对比。点击上方公司名可切换其他公司
Vestis Corp的季度营收约是Regency Centers的1.6倍（$663.4M vs $404.2M），Regency Centers净利率更高（50.1% vs -1.0%，领先51.1%），Regency Centers同比增速更快（8.5% vs -3.0%），过去两年Regency Centers的营收复合增速更高（5.4% vs -3.0%）
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。
Vestis Corp是北美领先的工作制服、安全防护服饰及配套设施服务供应商，服务覆盖医疗、制造、零售、餐饮住宿、公共服务等多个领域，为企业客户提供定制化的制服租赁、清洁与日常维护解决方案。
REG vs VSTS — 直观对比
营收规模更大
VSTS
是对方的1.6倍
$404.2M
营收增速更快
REG
高出11.5%
-3.0%
净利率更高
REG
高出51.1%
-1.0%
两年增速更快
REG
近两年复合增速
-3.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $404.2M | $663.4M |
| 净利润 | $202.5M | $-6.4M |
| 毛利率 | — | — |
| 营业利润率 | 71.0% | 2.5% |
| 净利率 | 50.1% | -1.0% |
| 营收同比 | 8.5% | -3.0% |
| 净利润同比 | 134.1% | -868.1% |
| 每股收益（稀释后） | — | $-0.05 |
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REGVSTS
| Q1 26 | — | $663.4M | ||
| Q4 25 | $404.2M | $712.0M | ||
| Q3 25 | $387.6M | — | ||
| Q2 25 | $380.8M | $673.8M | ||
| Q1 25 | $380.9M | $665.2M | ||
| Q4 24 | $372.5M | $683.8M | ||
| Q3 24 | $360.3M | $684.3M | ||
| Q2 24 | $357.3M | $698.2M |
净利润REGVSTS
| Q1 26 | — | $-6.4M | ||
| Q4 25 | $202.5M | $-12.5M | ||
| Q3 25 | $109.4M | — | ||
| Q2 25 | $106.0M | $-676.0K | ||
| Q1 25 | $109.6M | $-27.8M | ||
| Q4 24 | $86.5M | $832.0K | ||
| Q3 24 | $101.5M | $-2.3M | ||
| Q2 24 | $102.7M | $5.0M |
营业利润率REGVSTS
| Q1 26 | — | 2.5% | ||
| Q4 25 | 71.0% | 2.5% | ||
| Q3 25 | 72.7% | — | ||
| Q2 25 | 73.8% | 3.7% | ||
| Q1 25 | 71.8% | -1.3% | ||
| Q4 24 | 71.1% | 4.4% | ||
| Q3 24 | 72.5% | 4.4% | ||
| Q2 24 | 72.3% | 5.4% |
净利率REGVSTS
| Q1 26 | — | -1.0% | ||
| Q4 25 | 50.1% | -1.8% | ||
| Q3 25 | 28.2% | — | ||
| Q2 25 | 27.8% | -0.1% | ||
| Q1 25 | 28.8% | -4.2% | ||
| Q4 24 | 23.2% | 0.1% | ||
| Q3 24 | 28.2% | -0.3% | ||
| Q2 24 | 28.7% | 0.7% |
每股收益（稀释后）REGVSTS
| Q1 26 | — | $-0.05 | ||
| Q4 25 | — | $-0.10 | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $-0.01 | ||
| Q1 25 | — | $-0.21 | ||
| Q4 24 | — | $0.01 | ||
| Q3 24 | — | $-0.02 | ||
| Q2 24 | — | $0.04 |
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 | — | $41.5M |
| 总债务越低越好 | $4.7B | — |
| 股东权益账面价值 | $6.9B | $864.4M |
| 总资产 | $13.0B | $2.9B |
| 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REGVSTS
| Q1 26 | — | $41.5M | ||
| Q4 25 | — | $29.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $23.7M | ||
| Q1 25 | — | $28.8M | ||
| Q4 24 | — | $18.6M | ||
| Q3 24 | — | $31.0M | ||
| Q2 24 | — | $29.1M |
总债务REGVSTS
| Q1 26 | — | — | ||
| Q4 25 | $4.7B | $1.2B | ||
| Q3 25 | $4.9B | — | ||
| Q2 25 | $4.8B | — | ||
| Q1 25 | $4.6B | — | ||
| Q4 24 | $4.4B | — | ||
| Q3 24 | $4.4B | $1.2B | ||
| Q2 24 | $4.4B | — |
股东权益REGVSTS
| Q1 26 | — | $864.4M | ||
| Q4 25 | $6.9B | $865.6M | ||
| Q3 25 | $6.8B | — | ||
| Q2 25 | $6.7B | $882.2M | ||
| Q1 25 | $6.7B | $876.3M | ||
| Q4 24 | $6.7B | $899.6M | ||
| Q3 24 | $6.8B | $903.1M | ||
| Q2 24 | $6.8B | $901.2M |
总资产REGVSTS
| Q1 26 | — | $2.9B | ||
| Q4 25 | $13.0B | $2.9B | ||
| Q3 25 | $13.1B | — | ||
| Q2 25 | $12.7B | $2.9B | ||
| Q1 25 | $12.6B | $2.9B | ||
| Q4 24 | $12.4B | $2.9B | ||
| Q3 24 | $12.4B | $2.9B | ||
| Q2 24 | $12.4B | $3.1B |
负债/权益比REGVSTS
| Q1 26 | — | — | ||
| Q4 25 | 0.69× | 1.35× | ||
| Q3 25 | 0.72× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.69× | — | ||
| Q4 24 | 0.66× | — | ||
| Q3 24 | 0.65× | 1.29× | ||
| 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 | $37.7M |
| 自由现金流经营现金流 - 资本支出 | — | $28.3M |
| 自由现金流率自由现金流/营收 | — | 4.3% |
| 资本支出强度资本支出/营收 | — | 1.4% |
| 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 | — | $45.0M |
8季度趋势，按日历期对齐
经营现金流REGVSTS
| Q1 26 | — | $37.7M | ||
| Q4 25 | $203.9M | $30.9M | ||
| Q3 25 | $218.7M | — | ||
| Q2 25 | $244.0M | $22.9M | ||
| Q1 25 | $161.0M | $6.7M | ||
| Q4 24 | $191.4M | $3.8M | ||
| Q3 24 | $227.6M | $295.6M | ||
| Q2 24 | $203.5M | $48.7M |
自由现金流REGVSTS
| Q1 26 | — | $28.3M | ||
| Q4 25 | — | $15.6M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $8.0M | ||
| Q1 25 | — | $-6.9M | ||
| Q4 24 | — | $-11.0M | ||
| Q3 24 | — | $267.5M | ||
| Q2 24 | — | $27.7M |
自由现金流率REGVSTS
| Q1 26 | — | 4.3% | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | -1.0% | ||
| Q4 24 | — | -1.6% | ||
| Q3 24 | — | 39.1% | ||
| Q2 24 | — | 4.0% |
资本支出强度REGVSTS
| Q1 26 | — | 1.4% | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 2.2% | ||
| Q3 24 | — | 4.1% | ||
| Q2 24 | — | 3.0% |
现金转化率REGVSTS
| Q1 26 | — | — | ||
| Q4 25 | 1.01× | — | ||
| Q3 25 | 2.00× | — | ||
| Q2 25 | 2.30× | — | ||
| Q1 25 | 1.47× | — | ||
| Q4 24 | 2.21× | 4.54× | ||
| Q3 24 | 2.24× | — | ||
| Q2 24 | 1.98× | 9.66× |
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% |
VSTS
| Workplace Supplies | $375.2M | 57% |
| Uniforms | $227.7M | 34% |
| Other | $60.5M | 9% |
