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STARWOOD PROPERTY TRUST, INC.（STWD）与思佳讯（SWKS）财务数据对比。点击上方公司名可切换其他公司
思佳讯的季度营收约是STARWOOD PROPERTY TRUST, INC.的1.9倍（$943.7M vs $492.9M），STARWOOD PROPERTY TRUST, INC.净利率更高（19.7% vs 3.8%，领先15.9%），STARWOOD PROPERTY TRUST, INC.同比增速更快（8.5% vs -1.0%），过去两年思佳讯的营收复合增速更高（2.1% vs -2.9%）
喜达屋酒店及度假村国际集团是全球规模最大的酒店企业之一，业务涵盖酒店、度假村、水疗中心、住宅及度假产权物业的持有、运营、特许经营与管理。集团前身为1969年成立的房地产投资信托基金，1995年完成收购重组，旗下共11个品牌，管理及特许经营的物业共计1297处。
思佳讯是总部位于美国加利福尼亚州尔湾的半导体企业，公司股票在纳斯达克全球精选市场挂牌交易，股票代码为SWKS，同时也是标普500指数的成分股之一，在全球射频半导体领域拥有较高市场地位。
STWD vs SWKS — 直观对比
营收规模更大
SWKS
是对方的1.9倍
$492.9M
营收增速更快
STWD
高出9.5%
-1.0%
净利率更高
STWD
高出15.9%
3.8%
两年增速更快
SWKS
近两年复合增速
-2.9%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $492.9M | $943.7M |
| 净利润 | $96.9M | $35.6M |
| 毛利率 | — | 40.8% |
| 营业利润率 | 26.6% | 4.5% |
| 净利率 | 19.7% | 3.8% |
| 营收同比 | 8.5% | -1.0% |
| 净利润同比 | 87.7% | -48.2% |
| 每股收益（稀释后） | $0.25 | $0.24 |
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STWDSWKS
| Q2 26 | — | $943.7M | ||
| Q1 26 | — | $1.0B | ||
| Q4 25 | $492.9M | $1.1B | ||
| Q3 25 | $488.9M | — | ||
| Q2 25 | $444.3M | $965.0M | ||
| Q1 25 | $418.2M | $953.2M | ||
| Q4 24 | $454.4M | $1.1B | ||
| Q3 24 | $479.5M | $1.0B |
净利润STWDSWKS
| Q2 26 | — | $35.6M | ||
| Q1 26 | — | $79.2M | ||
| Q4 25 | $96.9M | $141.4M | ||
| Q3 25 | $72.6M | — | ||
| Q2 25 | $129.8M | $105.0M | ||
| Q1 25 | $112.3M | $68.7M | ||
| Q4 24 | $51.6M | $162.0M | ||
| Q3 24 | $76.1M | $60.5M |
毛利率STWDSWKS
| Q2 26 | — | 40.8% | ||
| Q1 26 | — | 41.3% | ||
| Q4 25 | — | 40.7% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 41.6% | ||
| Q1 25 | — | 41.1% | ||
| Q4 24 | — | 41.4% | ||
| Q3 24 | — | 41.9% |
营业利润率STWDSWKS
| Q2 26 | — | 4.5% | ||
| Q1 26 | — | 10.0% | ||
| Q4 25 | 26.6% | 10.1% | ||
| Q3 25 | 19.1% | — | ||
| Q2 25 | 30.5% | 11.5% | ||
| Q1 25 | 28.7% | 10.2% | ||
| Q4 24 | 15.1% | 16.9% | ||
| Q3 24 | 17.2% | 5.8% |
净利率STWDSWKS
| Q2 26 | — | 3.8% | ||
| Q1 26 | — | 7.6% | ||
| Q4 25 | 19.7% | 12.9% | ||
| Q3 25 | 14.8% | — | ||
| Q2 25 | 29.2% | 10.9% | ||
| Q1 25 | 26.8% | 7.2% | ||
| Q4 24 | 11.4% | 15.2% | ||
| Q3 24 | 15.9% | 5.9% |
每股收益（稀释后）STWDSWKS
| Q2 26 | — | $0.24 | ||
| Q1 26 | — | $0.53 | ||
| Q4 25 | $0.25 | $0.95 | ||
| Q3 25 | $0.19 | — | ||
| Q2 25 | $0.38 | $0.70 | ||
| Q1 25 | $0.33 | $0.43 | ||
| Q4 24 | $0.15 | $1.00 | ||
| Q3 24 | $0.23 | $0.36 |
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 | $499.5M | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $6.8B | $5.8B |
| 总资产 | $63.2B | $7.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资STWDSWKS
| Q2 26 | — | — | ||
| Q1 26 | — | $1.6B | ||
| Q4 25 | $499.5M | $1.4B | ||
| Q3 25 | $301.1M | — | ||
| Q2 25 | $259.9M | $1.3B | ||
| Q1 25 | $440.6M | $1.5B | ||
| Q4 24 | $377.8M | $1.7B | ||
| Q3 24 | $357.9M | $1.6B |
总债务STWDSWKS
| Q2 26 | — | — | ||
| Q1 26 | — | $496.6M | ||
| Q4 25 | — | $496.4M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $496.2M | ||
| Q1 25 | — | $995.1M | ||
| Q4 24 | — | $994.7M | ||
| Q3 24 | — | $994.3M |
股东权益STWDSWKS
| Q2 26 | — | $5.8B | ||
| Q1 26 | — | $5.8B | ||
| Q4 25 | $6.8B | $5.8B | ||
| Q3 25 | $6.9B | — | ||
| Q2 25 | $6.4B | $5.7B | ||
| Q1 25 | $6.4B | $5.9B | ||
| Q4 24 | $6.4B | $6.4B | ||
| Q3 24 | $6.5B | $6.3B |
总资产STWDSWKS
| Q2 26 | — | $7.9B | ||
| Q1 26 | — | $7.9B | ||
| Q4 25 | $63.2B | $7.9B | ||
| Q3 25 | $62.4B | — | ||
| Q2 25 | $62.4B | $7.7B | ||
| Q1 25 | $62.2B | $7.9B | ||
| Q4 24 | $62.6B | $8.3B | ||
| Q3 24 | $64.2B | $8.3B |
负债/权益比STWDSWKS
| Q2 26 | — | — | ||
| Q1 26 | — | 0.09× | ||
| Q4 25 | — | 0.09× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.09× | ||
| Q1 25 | — | 0.17× | ||
| Q4 24 | — | 0.16× | ||
| Q3 24 | — | 0.16× |
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 | $488.8M | $50.3M |
| 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 | — | 8.7% |
| 现金转化率经营现金流/净利润 | 5.04× | 1.41× |
| 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STWDSWKS
| Q2 26 | — | $50.3M | ||
| Q1 26 | — | $395.5M | ||
| Q4 25 | $488.8M | $200.0M | ||
| Q3 25 | $337.6M | — | ||
| Q2 25 | $-87.4M | $314.2M | ||
| Q1 25 | $238.9M | $409.4M | ||
| Q4 24 | $295.6M | $377.2M | ||
| Q3 24 | $241.8M | $476.1M |
自由现金流STWDSWKS
| Q2 26 | — | — | ||
| Q1 26 | — | $339.0M | ||
| Q4 25 | — | $144.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $252.7M | ||
| Q1 25 | — | $370.9M | ||
| Q4 24 | — | $338.2M | ||
| Q3 24 | — | $393.3M |
自由现金流率STWDSWKS
| Q2 26 | — | — | ||
| Q1 26 | — | 32.7% | ||
| Q4 25 | — | 13.1% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 26.2% | ||
| Q1 25 | — | 38.9% | ||
| Q4 24 | — | 31.7% | ||
| Q3 24 | — | 38.4% |
资本支出强度STWDSWKS
| Q2 26 | — | 8.7% | ||
| Q1 26 | — | 5.5% | ||
| Q4 25 | — | 5.1% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 6.4% | ||
| Q1 25 | — | 4.0% | ||
| Q4 24 | — | 3.6% | ||
| Q3 24 | — | 8.1% |
现金转化率STWDSWKS
| Q2 26 | — | 1.41× | ||
| Q1 26 | — | 4.99× | ||
| Q4 25 | 5.04× | 1.41× | ||
| Q3 25 | 4.65× | — | ||
| Q2 25 | -0.67× | 2.99× | ||
| Q1 25 | 2.13× | 5.96× | ||
| Q4 24 | 5.72× | 2.33× | ||
| Q3 24 | 3.18× | 7.87× |
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
STWD
| Commercial And Residential Lending Segment | $335.2M | 68% |
| Infrastructure Lending Segment | $70.3M | 14% |
| Property Segment | $57.8M | 12% |
| Other | $29.7M | 6% |
SWKS
暂无分部数据
