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ACCO BRANDS Corp（ACCO）与Ryman Hospitality Properties, Inc.（RHP）财务数据对比。点击上方公司名可切换其他公司
Ryman Hospitality Properties, Inc.的季度营收约是ACCO BRANDS Corp的1.5倍（$664.6M vs $428.8M），Ryman Hospitality Properties, Inc.净利率更高（10.4% vs 5.0%，领先5.5%），Ryman Hospitality Properties, Inc.同比增速更快（13.2% vs -4.3%），过去两年ACCO BRANDS Corp的营收复合增速更高（9.3% vs 4.1%）
ACCO Brands是一家美国跨国企业，由财富品牌旗下的ACCO World与通用装订公司GBC合并组建而成，截至2025年，公司董事长兼首席执行官为Thomas W. Tedford，主营办公文具与办公用品相关业务。
莱曼酒店地产是一家主营酒店、度假村、娱乐及媒体业务的企业，得名于旗下位于田纳西州纳什维尔的国家历史地标莱曼礼堂。公司历史可追溯至曾为俄克拉荷马出版公司子公司时期，1983年收购WSM公司后奠定现代业务基础，同时将知名演出IP大奥普里等核心资产纳入麾下。
ACCO vs RHP — 直观对比
营收规模更大
RHP
是对方的1.5倍
$428.8M
营收增速更快
RHP
高出17.5%
-4.3%
净利率更高
RHP
高出5.5%
5.0%
两年增速更快
ACCO
近两年复合增速
4.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $428.8M | $664.6M |
| 净利润 | $21.3M | $69.4M |
| 毛利率 | 33.6% | — |
| 营业利润率 | 9.3% | 20.7% |
| 净利率 | 5.0% | 10.4% |
| 营收同比 | -4.3% | 13.2% |
| 净利润同比 | 3.4% | 10.1% |
| 每股收益（稀释后） | $0.23 | $1.03 |
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ACCORHP
| Q1 26 | — | $664.6M | ||
| Q4 25 | $428.8M | $737.8M | ||
| Q3 25 | $383.7M | $592.5M | ||
| Q2 25 | $394.8M | $659.5M | ||
| Q1 25 | $317.4M | $587.3M | ||
| Q4 24 | $448.1M | $647.6M | ||
| Q3 24 | $420.9M | $550.0M | ||
| Q2 24 | $438.3M | $613.3M |
净利润ACCORHP
| Q1 26 | — | $69.4M | ||
| Q4 25 | $21.3M | $74.5M | ||
| Q3 25 | $4.0M | $34.9M | ||
| Q2 25 | $29.2M | $71.8M | ||
| Q1 25 | $-13.2M | $63.0M | ||
| Q4 24 | $20.6M | $72.3M | ||
| Q3 24 | $9.3M | $59.0M | ||
| Q2 24 | $-125.2M | $100.8M |
毛利率ACCORHP
| Q1 26 | — | — | ||
| Q4 25 | 33.6% | 41.4% | ||
| Q3 25 | 33.0% | 40.9% | ||
| Q2 25 | 32.9% | 49.7% | ||
| Q1 25 | 31.4% | 44.4% | ||
| Q4 24 | 34.7% | 40.4% | ||
| Q3 24 | 32.5% | 43.1% | ||
| Q2 24 | 34.8% | 48.4% |
营业利润率ACCORHP
| Q1 26 | — | 20.7% | ||
| Q4 25 | 9.3% | 19.4% | ||
| Q3 25 | 6.8% | 15.0% | ||
| Q2 25 | 8.4% | 21.1% | ||
| Q1 25 | -2.1% | 19.8% | ||
| Q4 24 | 9.4% | 18.6% | ||
| Q3 24 | 6.2% | 19.3% | ||
| Q2 24 | -25.4% | 27.4% |
净利率ACCORHP
| Q1 26 | — | 10.4% | ||
| Q4 25 | 5.0% | 10.1% | ||
| Q3 25 | 1.0% | 5.9% | ||
| Q2 25 | 7.4% | 10.9% | ||
| Q1 25 | -4.2% | 10.7% | ||
| Q4 24 | 4.6% | 11.2% | ||
| Q3 24 | 2.2% | 10.7% | ||
| Q2 24 | -28.6% | 16.4% |
每股收益（稀释后）ACCORHP
| Q1 26 | — | $1.03 | ||
| Q4 25 | $0.23 | $1.12 | ||
| Q3 25 | $0.04 | $0.53 | ||
| Q2 25 | $0.31 | $1.12 | ||
| Q1 25 | $-0.14 | $1.00 | ||
| Q4 24 | $0.21 | $1.12 | ||
| Q3 24 | $0.09 | $0.94 | ||
| Q2 24 | $-1.29 | $1.65 |
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 | — | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $664.6M | $770.8M |
| 总资产 | $2.3B | $6.2B |
| 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ACCORHP
| Q1 26 | — | — | ||
| Q4 25 | — | $471.4M | ||
| Q3 25 | — | $483.3M | ||
| Q2 25 | — | $420.6M | ||
| Q1 25 | — | $413.9M | ||
| Q4 24 | — | $477.7M | ||
| Q3 24 | — | $534.9M | ||
| Q2 24 | — | $498.4M |
股东权益ACCORHP
| Q1 26 | — | $770.8M | ||
| Q4 25 | $664.6M | $750.2M | ||
| Q3 25 | $644.0M | $758.5M | ||
| Q2 25 | $637.3M | $800.4M | ||
| Q1 25 | $606.1M | $531.5M | ||
| Q4 24 | $606.1M | $549.0M | ||
| Q3 24 | $615.5M | $551.9M | ||
| Q2 24 | $617.1M | $562.6M |
总资产ACCORHP
| Q1 26 | — | $6.2B | ||
| Q4 25 | $2.3B | $6.2B | ||
| Q3 25 | $2.3B | $6.2B | ||
| Q2 25 | $2.4B | $6.1B | ||
| Q1 25 | $2.3B | $5.2B | ||
| Q4 24 | $2.2B | $5.2B | ||
| Q3 24 | $2.4B | $5.2B | ||
| Q2 24 | $2.4B | $5.1B |
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 | $30.6M | — |
| 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 | 1.44× | — |
| 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ACCORHP
| Q1 26 | — | — | ||
| Q4 25 | $30.6M | $164.7M | ||
| Q3 25 | $71.5M | $205.2M | ||
| Q2 25 | $-38.9M | $122.5M | ||
| Q1 25 | $5.5M | $98.2M | ||
| Q4 24 | $52.7M | $166.6M | ||
| Q3 24 | $92.9M | $218.1M | ||
| Q2 24 | $-25.6M | $184.3M |
自由现金流ACCORHP
| Q1 26 | — | — | ||
| Q4 25 | — | $58.5M | ||
| Q3 25 | — | $135.4M | ||
| Q2 25 | — | $53.0M | ||
| Q1 25 | — | $-14.5M | ||
| Q4 24 | — | $76.0M | ||
| Q3 24 | — | $85.7M | ||
| Q2 24 | — | $78.8M |
自由现金流率ACCORHP
| Q1 26 | — | — | ||
| Q4 25 | — | 7.9% | ||
| Q3 25 | — | 22.9% | ||
| Q2 25 | — | 8.0% | ||
| Q1 25 | — | -2.5% | ||
| Q4 24 | — | 11.7% | ||
| Q3 24 | — | 15.6% | ||
| Q2 24 | — | 12.9% |
资本支出强度ACCORHP
| Q1 26 | — | — | ||
| Q4 25 | — | 14.4% | ||
| Q3 25 | — | 11.8% | ||
| Q2 25 | — | 10.5% | ||
| Q1 25 | — | 19.2% | ||
| Q4 24 | — | 14.0% | ||
| Q3 24 | — | 24.1% | ||
| Q2 24 | — | 17.2% |
现金转化率ACCORHP
| Q1 26 | — | — | ||
| Q4 25 | 1.44× | 2.21× | ||
| Q3 25 | 17.88× | 5.88× | ||
| Q2 25 | -1.33× | 1.71× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | 2.56× | 2.30× | ||
| Q3 24 | 9.99× | 3.70× | ||
| Q2 24 | — | 1.83× |
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
ACCO
| Transferred At Point In Time | $421.6M | 98% |
| Transferred Over Time | $7.2M | 2% |
RHP
| Food and beverage | $289.3M | 44% |
| Rooms | $223.8M | 34% |
| Entertainment | $79.2M | 12% |
| Other | $72.3M | 11% |
