vs
ProFrac Holding Corp.（ACDC）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ProFrac Holding Corp.的1.5倍（$664.6M vs $436.5M），Ryman Hospitality Properties, Inc.净利率更高（10.4% vs -33.2%，领先43.6%），Ryman Hospitality Properties, Inc.同比增速更快（13.2% vs -4.0%），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（4.1% vs -13.4%）
ProFrac Holding Corp.是一家领先的北美能源服务企业，主要为油气勘探开采企业提供水力压裂、完井及相关配套服务，核心客户覆盖美国、加拿大主要陆上页岩及常规油气产区的上游运营商。
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。
ACDC vs RHP — 直观对比
营收规模更大
RHP
是对方的1.5倍
$436.5M
营收增速更快
RHP
高出17.2%
-4.0%
净利率更高
RHP
高出43.6%
-33.2%
两年增速更快
RHP
近两年复合增速
-13.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $436.5M | $664.6M |
| 净利润 | $-144.7M | $69.4M |
| 毛利率 | — | — |
| 营业利润率 | -24.9% | 20.7% |
| 净利率 | -33.2% | 10.4% |
| 营收同比 | -4.0% | 13.2% |
| 净利润同比 | -37.8% | 10.1% |
| 每股收益（稀释后） | $-0.83 | $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ACDCRHP
| Q1 26 | — | $664.6M | ||
| Q4 25 | $436.5M | $737.8M | ||
| Q3 25 | $403.1M | $592.5M | ||
| Q2 25 | $501.9M | $659.5M | ||
| Q1 25 | $600.3M | $587.3M | ||
| Q4 24 | $454.7M | $647.6M | ||
| Q3 24 | $575.3M | $550.0M | ||
| Q2 24 | $579.4M | $613.3M |
净利润ACDCRHP
| Q1 26 | — | $69.4M | ||
| Q4 25 | $-144.7M | $74.5M | ||
| Q3 25 | $-100.9M | $34.9M | ||
| Q2 25 | $-105.9M | $71.8M | ||
| Q1 25 | $-17.5M | $63.0M | ||
| Q4 24 | $-105.0M | $72.3M | ||
| Q3 24 | $-45.2M | $59.0M | ||
| Q2 24 | $-66.7M | $100.8M |
毛利率ACDCRHP
| Q1 26 | — | — | ||
| Q4 25 | — | 41.4% | ||
| Q3 25 | — | 40.9% | ||
| Q2 25 | — | 49.7% | ||
| Q1 25 | — | 44.4% | ||
| Q4 24 | — | 40.4% | ||
| Q3 24 | — | 43.1% | ||
| Q2 24 | — | 48.4% |
营业利润率ACDCRHP
| Q1 26 | — | 20.7% | ||
| Q4 25 | -24.9% | 19.4% | ||
| Q3 25 | -19.5% | 15.0% | ||
| Q2 25 | -10.8% | 21.1% | ||
| Q1 25 | 2.7% | 19.8% | ||
| Q4 24 | -10.3% | 18.6% | ||
| Q3 24 | -0.7% | 19.3% | ||
| Q2 24 | -8.5% | 27.4% |
净利率ACDCRHP
| Q1 26 | — | 10.4% | ||
| Q4 25 | -33.2% | 10.1% | ||
| Q3 25 | -25.0% | 5.9% | ||
| Q2 25 | -21.1% | 10.9% | ||
| Q1 25 | -2.9% | 10.7% | ||
| Q4 24 | -23.1% | 11.2% | ||
| Q3 24 | -7.9% | 10.7% | ||
| Q2 24 | -11.5% | 16.4% |
每股收益（稀释后）ACDCRHP
| Q1 26 | — | $1.03 | ||
| Q4 25 | $-0.83 | $1.12 | ||
| Q3 25 | $-0.60 | $0.53 | ||
| Q2 25 | $-0.67 | $1.12 | ||
| Q1 25 | $-0.12 | $1.00 | ||
| Q4 24 | $-0.67 | $1.12 | ||
| Q3 24 | $-0.29 | $0.94 | ||
| Q2 24 | $-0.42 | $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 | $22.9M | — |
| 总债务越低越好 | $832.7M | — |
| 股东权益账面价值 | $717.5M | $770.8M |
| 总资产 | $2.6B | $6.2B |
| 负债/权益比越低杠杆越低 | 1.16× | — |
8季度趋势，按日历期对齐
现金及短期投资ACDCRHP
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | $471.4M | ||
| Q3 25 | $58.0M | $483.3M | ||
| Q2 25 | $26.0M | $420.6M | ||
| Q1 25 | $16.0M | $413.9M | ||
| Q4 24 | $14.8M | $477.7M | ||
| Q3 24 | $25.5M | $534.9M | ||
| Q2 24 | $24.0M | $498.4M |
总债务ACDCRHP
| Q1 26 | — | — | ||
| Q4 25 | $832.7M | — | ||
| Q3 25 | $907.0M | — | ||
| Q2 25 | $941.9M | — | ||
| Q1 25 | $967.9M | — | ||
| Q4 24 | $936.1M | — | ||
| Q3 24 | $986.7M | — | ||
| Q2 24 | $1.0B | — |
股东权益ACDCRHP
| Q1 26 | — | $770.8M | ||
| Q4 25 | $717.5M | $750.2M | ||
| Q3 25 | $862.0M | $758.5M | ||
| Q2 25 | $875.5M | $800.4M | ||
| Q1 25 | $988.1M | $531.5M | ||
| Q4 24 | $1.0B | $549.0M | ||
| Q3 24 | $1.1B | $551.9M | ||
| Q2 24 | $1.1B | $562.6M |
总资产ACDCRHP
| Q1 26 | — | $6.2B | ||
| Q4 25 | $2.6B | $6.2B | ||
| Q3 25 | $2.7B | $6.2B | ||
| Q2 25 | $2.8B | $6.1B | ||
| Q1 25 | $3.0B | $5.2B | ||
| Q4 24 | $3.0B | $5.2B | ||
| Q3 24 | $3.1B | $5.2B | ||
| Q2 24 | $3.2B | $5.1B |
负债/权益比ACDCRHP
| Q1 26 | — | — | ||
| Q4 25 | 1.16× | — | ||
| Q3 25 | 1.05× | — | ||
| Q2 25 | 1.08× | — | ||
| Q1 25 | 0.98× | — | ||
| Q4 24 | 0.93× | — | ||
| Q3 24 | 0.90× | — | ||
| Q2 24 | 0.88× | — |
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 | $49.5M | — |
| 自由现金流经营现金流 - 资本支出 | $12.9M | — |
| 自由现金流率自由现金流/营收 | 3.0% | — |
| 资本支出强度资本支出/营收 | 8.4% | — |
| 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 | $19.6M | — |
8季度趋势，按日历期对齐
经营现金流ACDCRHP
| Q1 26 | — | — | ||
| Q4 25 | $49.5M | $164.7M | ||
| Q3 25 | $900.0K | $205.2M | ||
| Q2 25 | $100.4M | $122.5M | ||
| Q1 25 | $38.7M | $98.2M | ||
| Q4 24 | $76.5M | $166.6M | ||
| Q3 24 | $98.2M | $218.1M | ||
| Q2 24 | $113.5M | $184.3M |
自由现金流ACDCRHP
| Q1 26 | — | — | ||
| Q4 25 | $12.9M | $58.5M | ||
| Q3 25 | $-33.4M | $135.4M | ||
| Q2 25 | $53.9M | $53.0M | ||
| Q1 25 | $-13.8M | $-14.5M | ||
| Q4 24 | $13.3M | $76.0M | ||
| Q3 24 | $28.2M | $85.7M | ||
| Q2 24 | $51.6M | $78.8M |
自由现金流率ACDCRHP
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 7.9% | ||
| Q3 25 | -8.3% | 22.9% | ||
| Q2 25 | 10.7% | 8.0% | ||
| Q1 25 | -2.3% | -2.5% | ||
| Q4 24 | 2.9% | 11.7% | ||
| Q3 24 | 4.9% | 15.6% | ||
| Q2 24 | 8.9% | 12.9% |
资本支出强度ACDCRHP
| Q1 26 | — | — | ||
| Q4 25 | 8.4% | 14.4% | ||
| Q3 25 | 8.5% | 11.8% | ||
| Q2 25 | 9.3% | 10.5% | ||
| Q1 25 | 8.7% | 19.2% | ||
| Q4 24 | 13.9% | 14.0% | ||
| Q3 24 | 12.2% | 24.1% | ||
| Q2 24 | 10.7% | 17.2% |
现金转化率ACDCRHP
| Q1 26 | — | — | ||
| Q4 25 | — | 2.21× | ||
| Q3 25 | — | 5.88× | ||
| Q2 25 | — | 1.71× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 2.30× | ||
| Q3 24 | — | 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
ACDC
| Services | $385.6M | 88% |
| Products | $50.9M | 12% |
RHP
| Food and beverage | $289.3M | 44% |
| Rooms | $223.8M | 34% |
| Entertainment | $79.2M | 12% |
| Other | $72.3M | 11% |
