vs
Regency Centers（REG）与Walker & Dunlop, Inc.（WD）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Walker & Dunlop, Inc.的1.2倍（$404.2M vs $340.0M），Regency Centers净利率更高（50.1% vs -12.9%，领先63.0%），Regency Centers同比增速更快（8.5% vs -0.4%），过去两年Walker & Dunlop, Inc.的营收复合增速更高（22.1% 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。
Walker & Dunlop, Inc.是美国乃至全球规模领先的商业地产金融与咨询服务机构，为客户提供覆盖商业地产领域的多元金融解决方案及专业咨询服务，业务辐射全球多个市场，在行业内拥有深厚的资源积累与广泛的市场认可度。
REG vs WD — 直观对比
营收规模更大
REG
是对方的1.2倍
$340.0M
营收增速更快
REG
高出8.9%
-0.4%
净利率更高
REG
高出63.0%
-12.9%
两年增速更快
WD
近两年复合增速
5.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $404.2M | $340.0M |
| 净利润 | $202.5M | $-13.9M |
| 毛利率 | — | — |
| 营业利润率 | 71.0% | -17.2% |
| 净利率 | 50.1% | -12.9% |
| 营收同比 | 8.5% | -0.4% |
| 净利润同比 | 134.1% | -131.0% |
| 每股收益（稀释后） | — | $-0.41 |
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REGWD
| Q4 25 | $404.2M | $340.0M | ||
| Q3 25 | $387.6M | $337.7M | ||
| Q2 25 | $380.8M | $319.2M | ||
| Q1 25 | $380.9M | $237.4M | ||
| Q4 24 | $372.5M | $341.5M | ||
| Q3 24 | $360.3M | $292.3M | ||
| Q2 24 | $357.3M | $270.7M | ||
| Q1 24 | $363.9M | $228.1M |
净利润REGWD
| Q4 25 | $202.5M | $-13.9M | ||
| Q3 25 | $109.4M | $33.5M | ||
| Q2 25 | $106.0M | $34.0M | ||
| Q1 25 | $109.6M | $2.8M | ||
| Q4 24 | $86.5M | $44.8M | ||
| Q3 24 | $101.5M | $28.8M | ||
| Q2 24 | $102.7M | $22.7M | ||
| Q1 24 | $109.8M | $11.9M |
营业利润率REGWD
| Q4 25 | 71.0% | -17.2% | ||
| Q3 25 | 72.7% | 13.6% | ||
| Q2 25 | 73.8% | 14.5% | ||
| Q1 25 | 71.8% | 2.2% | ||
| Q4 24 | 71.1% | 15.3% | ||
| Q3 24 | 72.5% | 12.8% | ||
| Q2 24 | 72.3% | 10.4% | ||
| Q1 24 | 72.3% | 6.0% |
净利率REGWD
| Q4 25 | 50.1% | -12.9% | ||
| Q3 25 | 28.2% | 9.9% | ||
| Q2 25 | 27.8% | 10.6% | ||
| Q1 25 | 28.8% | 1.2% | ||
| Q4 24 | 23.2% | 13.1% | ||
| Q3 24 | 28.2% | 9.9% | ||
| Q2 24 | 28.7% | 8.4% | ||
| Q1 24 | 30.2% | 5.2% |
每股收益（稀释后）REGWD
| Q4 25 | — | $-0.41 | ||
| Q3 25 | — | $0.98 | ||
| Q2 25 | — | $0.99 | ||
| Q1 25 | — | $0.08 | ||
| Q4 24 | — | $1.32 | ||
| Q3 24 | — | $0.85 | ||
| Q2 24 | — | $0.67 | ||
| Q1 24 | — | $0.35 |
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 | — | $299.3M |
| 总债务越低越好 | $4.7B | — |
| 股东权益账面价值 | $6.9B | $1.7B |
| 总资产 | $13.0B | $5.1B |
| 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REGWD
| Q4 25 | — | $299.3M | ||
| Q3 25 | — | $274.8M | ||
| Q2 25 | — | $233.7M | ||
| Q1 25 | — | $181.0M | ||
| Q4 24 | — | $279.3M | ||
| Q3 24 | — | $179.8M | ||
| Q2 24 | — | $208.1M | ||
| Q1 24 | — | $216.5M |
总债务REGWD
| 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 | — | ||
| Q1 24 | $4.4B | — |
股东权益REGWD
| Q4 25 | $6.9B | $1.7B | ||
| Q3 25 | $6.8B | $1.8B | ||
| Q2 25 | $6.7B | $1.8B | ||
| Q1 25 | $6.7B | $1.7B | ||
| Q4 24 | $6.7B | $1.7B | ||
| Q3 24 | $6.8B | $1.7B | ||
| Q2 24 | $6.8B | $1.7B | ||
| Q1 24 | $7.0B | $1.7B |
总资产REGWD
| Q4 25 | $13.0B | $5.1B | ||
| Q3 25 | $13.1B | $5.8B | ||
| Q2 25 | $12.7B | $4.7B | ||
| Q1 25 | $12.6B | $4.5B | ||
| Q4 24 | $12.4B | $4.4B | ||
| Q3 24 | $12.4B | $4.6B | ||
| Q2 24 | $12.4B | $4.2B | ||
| Q1 24 | $12.7B | $3.8B |
负债/权益比REGWD
| 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× | — | ||
| Q1 24 | 0.63× | — |
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 | $-664.3M |
| 自由现金流经营现金流 - 资本支出 | — | $-680.1M |
| 自由现金流率自由现金流/营收 | — | -200.0% |
| 资本支出强度资本支出/营收 | — | 4.6% |
| 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 | — | $-2.2B |
8季度趋势，按日历期对齐
经营现金流REGWD
| Q4 25 | $203.9M | $-664.3M | ||
| Q3 25 | $218.7M | $-948.1M | ||
| Q2 25 | $244.0M | $-238.5M | ||
| Q1 25 | $161.0M | $-281.1M | ||
| Q4 24 | $191.4M | $129.4M | ||
| Q3 24 | $227.6M | $-202.0M | ||
| Q2 24 | $203.5M | $-237.8M | ||
| Q1 24 | $167.8M | $38.4M |
自由现金流REGWD
| Q4 25 | — | $-680.1M | ||
| Q3 25 | — | $-950.4M | ||
| Q2 25 | — | $-241.0M | ||
| Q1 25 | — | $-284.7M | ||
| Q4 24 | — | $116.4M | ||
| Q3 24 | — | $-204.0M | ||
| Q2 24 | — | $-241.7M | ||
| Q1 24 | — | $35.2M |
自由现金流率REGWD
| Q4 25 | — | -200.0% | ||
| Q3 25 | — | -281.5% | ||
| Q2 25 | — | -75.5% | ||
| Q1 25 | — | -120.0% | ||
| Q4 24 | — | 34.1% | ||
| Q3 24 | — | -69.8% | ||
| Q2 24 | — | -89.3% | ||
| Q1 24 | — | 15.4% |
资本支出强度REGWD
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | — | 3.8% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | — | 1.4% | ||
| Q1 24 | — | 1.4% |
现金转化率REGWD
| Q4 25 | 1.01× | — | ||
| Q3 25 | 2.00× | -28.34× | ||
| Q2 25 | 2.30× | -7.02× | ||
| Q1 25 | 1.47× | -102.07× | ||
| Q4 24 | 2.21× | 2.89× | ||
| Q3 24 | 2.24× | -7.01× | ||
| Q2 24 | 1.98× | -10.49× | ||
| Q1 24 | 1.53× | 3.24× |
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% |
WD
暂无分部数据
