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UDR, Inc.（UDR）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
UDR, Inc.的季度营收约是世纪互联的1.2倍（$425.8M vs $362.7M），UDR, Inc.净利率更高（44.6% vs -10.7%，领先55.2%），过去两年世纪互联的营收复合增速更高（17.4% vs 1.3%）
UDR, Inc. 是一家总部位于美国的领先房地产投资信托基金，专注于持有、运营及翻新优质多户住宅公寓社区，业务覆盖美国主要都市圈，服务租客群体包括年轻职场人、家庭及中高收入住户。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
UDR vs VNET — 直观对比
营收规模更大
UDR
是对方的1.2倍
$362.7M
净利率更高
UDR
高出55.2%
-10.7%
两年增速更快
VNET
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $425.8M | $362.7M |
| 净利润 | $189.8M | $-38.7M |
| 毛利率 | — | 20.9% |
| 营业利润率 | 54.0% | 0.5% |
| 净利率 | 44.6% | -10.7% |
| 营收同比 | 0.9% | — |
| 净利润同比 | 147.2% | — |
| 每股收益（稀释后） | $0.63 | — |
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UDRVNET
| Q1 26 | $425.8M | — | ||
| Q4 25 | $433.1M | — | ||
| Q3 25 | $431.9M | $362.7M | ||
| Q2 25 | $425.4M | — | ||
| Q1 25 | $421.9M | $309.5M | ||
| Q4 24 | $422.7M | — | ||
| Q3 24 | $420.2M | $302.2M | ||
| Q2 24 | $415.3M | $274.4M |
净利润UDRVNET
| Q1 26 | $189.8M | — | ||
| Q4 25 | $222.9M | — | ||
| Q3 25 | $40.4M | $-38.7M | ||
| Q2 25 | $37.7M | — | ||
| Q1 25 | $76.7M | $-2.4M | ||
| Q4 24 | $-5.0M | — | ||
| Q3 24 | $22.6M | $-2.1M | ||
| Q2 24 | $28.9M | $-1.1M |
毛利率UDRVNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 20.9% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 25.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 23.2% | ||
| Q2 24 | — | 21.3% |
营业利润率UDRVNET
| Q1 26 | 54.0% | — | ||
| Q4 25 | 64.1% | — | ||
| Q3 25 | 17.7% | 0.5% | ||
| Q2 25 | 18.2% | — | ||
| Q1 25 | 29.0% | 0.1% | ||
| Q4 24 | 15.7% | — | ||
| Q3 24 | 16.6% | 24.5% | ||
| Q2 24 | 16.5% | 0.2% |
净利率UDRVNET
| Q1 26 | 44.6% | — | ||
| Q4 25 | 51.5% | — | ||
| Q3 25 | 9.4% | -10.7% | ||
| Q2 25 | 8.9% | — | ||
| Q1 25 | 18.2% | -0.8% | ||
| Q4 24 | -220.5% | — | ||
| Q3 24 | 5.4% | -0.7% | ||
| Q2 24 | 7.0% | -0.4% |
每股收益（稀释后）UDRVNET
| Q1 26 | $0.63 | — | ||
| Q4 25 | $0.67 | — | ||
| Q3 25 | $0.12 | — | ||
| Q2 25 | $0.11 | — | ||
| Q1 25 | $0.23 | — | ||
| Q4 24 | $-0.01 | — | ||
| Q3 24 | $0.06 | — | ||
| Q2 24 | $0.08 | — |
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 | $1.3M | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.3B | $890.8M |
| 总资产 | $10.3B | $6.1B |
| 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UDRVNET
| Q1 26 | $1.3M | — | ||
| Q4 25 | $1.2M | — | ||
| Q3 25 | $1.2M | $492.1M | ||
| Q2 25 | $1.5M | — | ||
| Q1 25 | $1.3M | $544.3M | ||
| Q4 24 | $1.3M | — | ||
| Q3 24 | $2.3M | $219.5M | ||
| Q2 24 | $2.8M | $247.2M |
总债务UDRVNET
| Q1 26 | — | — | ||
| Q4 25 | $5.8B | — | ||
| Q3 25 | $5.8B | — | ||
| Q2 25 | $5.8B | — | ||
| Q1 25 | $5.8B | — | ||
| Q4 24 | $5.8B | — | ||
| Q3 24 | $5.9B | $1.2B | ||
| Q2 24 | $5.8B | — |
股东权益UDRVNET
| Q1 26 | $3.3B | — | ||
| Q4 25 | $3.3B | — | ||
| Q3 25 | $3.3B | $890.8M | ||
| Q2 25 | $3.3B | — | ||
| Q1 25 | $3.3B | $927.8M | ||
| Q4 24 | $3.4B | — | ||
| Q3 24 | $3.5B | $902.9M | ||
| Q2 24 | $3.7B | $900.6M |
总资产UDRVNET
| Q1 26 | $10.3B | — | ||
| Q4 25 | $10.6B | — | ||
| Q3 25 | $10.6B | $6.1B | ||
| Q2 25 | $10.6B | — | ||
| Q1 25 | $10.7B | $5.4B | ||
| Q4 24 | $10.9B | — | ||
| Q3 24 | $11.1B | $4.3B | ||
| Q2 24 | $11.1B | $4.0B |
负债/权益比UDRVNET
| Q1 26 | — | — | ||
| Q4 25 | 1.77× | — | ||
| Q3 25 | 1.78× | — | ||
| Q2 25 | 1.74× | — | ||
| Q1 25 | 1.74× | — | ||
| Q4 24 | 1.69× | — | ||
| Q3 24 | 1.67× | 1.28× | ||
| Q2 24 | 1.55× | — |
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 | — | $113.8M |
| 自由现金流经营现金流 - 资本支出 | — | $-193.1M |
| 自由现金流率自由现金流/营收 | — | -53.2% |
| 资本支出强度资本支出/营收 | 4.9% | 84.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-589.7M |
8季度趋势，按日历期对齐
经营现金流UDRVNET
| Q1 26 | — | — | ||
| Q4 25 | $902.9M | — | ||
| Q3 25 | $234.9M | $113.8M | ||
| Q2 25 | $250.3M | — | ||
| Q1 25 | $156.2M | $27.0M | ||
| Q4 24 | $876.8M | — | ||
| Q3 24 | $230.3M | $108.3M | ||
| Q2 24 | $238.5M | $55.8M |
自由现金流UDRVNET
| Q1 26 | — | — | ||
| Q4 25 | $650.0M | — | ||
| Q3 25 | $164.6M | $-193.1M | ||
| Q2 25 | $190.1M | — | ||
| Q1 25 | $103.2M | $-220.0M | ||
| Q4 24 | $627.0M | — | ||
| Q3 24 | $161.3M | $-95.0M | ||
| Q2 24 | $171.1M | $-81.6M |
自由现金流率UDRVNET
| Q1 26 | — | — | ||
| Q4 25 | 150.1% | — | ||
| Q3 25 | 38.1% | -53.2% | ||
| Q2 25 | 44.7% | — | ||
| Q1 25 | 24.5% | -71.1% | ||
| Q4 24 | 148.3% | — | ||
| Q3 24 | 38.4% | -31.4% | ||
| Q2 24 | 41.2% | -29.8% |
资本支出强度UDRVNET
| Q1 26 | 4.9% | — | ||
| Q4 25 | 58.4% | — | ||
| Q3 25 | 16.3% | 84.6% | ||
| Q2 25 | 14.2% | — | ||
| Q1 25 | 12.6% | 79.8% | ||
| Q4 24 | 59.1% | — | ||
| Q3 24 | 16.4% | 67.3% | ||
| Q2 24 | 16.2% | 50.1% |
现金转化率UDRVNET
| Q1 26 | — | — | ||
| Q4 25 | 4.05× | — | ||
| Q3 25 | 5.81× | — | ||
| Q2 25 | 6.64× | — | ||
| Q1 25 | 2.04× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 10.19× | — | ||
| Q2 24 | 8.26× | — |
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
UDR
| Rental income | $423.3M | 99% |
| Joint venture management and other fees | $2.5M | 1% |
VNET
暂无分部数据
