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Aebi Schmidt Holding AG（AEBI）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Aebi Schmidt Holding AG的1.4倍（$737.8M vs $528.4M），Ryman Hospitality Properties, Inc.净利率更高（10.1% vs 1.7%，领先8.4%），Ryman Hospitality Properties, Inc.自由现金流更多（$58.5M vs $29.7M）
埃比施密特集团是一家源自瑞士的跨国企业，主营农业机械、重型工程设备以及市政作业设备的生产制造，产品涵盖运输车、通用作业底盘、扫路车、拖拉机、割草机等，主要应用于市政道路养护等作业场景。
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。
AEBI vs RHP — 直观对比
营收规模更大
RHP
是对方的1.4倍
$528.4M
净利率更高
RHP
高出8.4%
1.7%
自由现金流更多
RHP
多$28.8M
$29.7M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $528.4M | $737.8M |
| 净利润 | $8.8M | $74.5M |
| 毛利率 | 18.9% | 41.4% |
| 营业利润率 | 5.2% | 19.4% |
| 净利率 | 1.7% | 10.1% |
| 营收同比 | — | 13.9% |
| 净利润同比 | — | 3.0% |
| 每股收益（稀释后） | $-0.18 | $1.12 |
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AEBIRHP
| Q4 25 | $528.4M | $737.8M | ||
| Q3 25 | $471.3M | $592.5M | ||
| Q2 25 | $277.7M | $659.5M | ||
| Q1 25 | $249.2M | $587.3M | ||
| Q4 24 | — | $647.6M | ||
| Q3 24 | — | $550.0M | ||
| Q2 24 | — | $613.3M | ||
| Q1 24 | — | $528.3M |
净利润AEBIRHP
| Q4 25 | $8.8M | $74.5M | ||
| Q3 25 | $1.2M | $34.9M | ||
| Q2 25 | $-2.3M | $71.8M | ||
| Q1 25 | $2.1M | $63.0M | ||
| Q4 24 | — | $72.3M | ||
| Q3 24 | — | $59.0M | ||
| Q2 24 | — | $100.8M | ||
| Q1 24 | — | $42.8M |
毛利率AEBIRHP
| Q4 25 | 18.9% | 41.4% | ||
| Q3 25 | 20.0% | 40.9% | ||
| Q2 25 | 20.5% | 49.7% | ||
| Q1 25 | 21.4% | 44.4% | ||
| Q4 24 | — | 40.4% | ||
| Q3 24 | — | 43.1% | ||
| Q2 24 | — | 48.4% | ||
| Q1 24 | — | 41.5% |
营业利润率AEBIRHP
| Q4 25 | 5.2% | 19.4% | ||
| Q3 25 | 3.7% | 15.0% | ||
| Q2 25 | 5.0% | 21.1% | ||
| Q1 25 | 5.8% | 19.8% | ||
| Q4 24 | — | 18.6% | ||
| Q3 24 | — | 19.3% | ||
| Q2 24 | — | 27.4% | ||
| Q1 24 | — | 18.2% |
净利率AEBIRHP
| Q4 25 | 1.7% | 10.1% | ||
| Q3 25 | 0.3% | 5.9% | ||
| Q2 25 | -0.8% | 10.9% | ||
| Q1 25 | 0.8% | 10.7% | ||
| Q4 24 | — | 11.2% | ||
| Q3 24 | — | 10.7% | ||
| Q2 24 | — | 16.4% | ||
| Q1 24 | — | 8.1% |
每股收益（稀释后）AEBIRHP
| Q4 25 | $-0.18 | $1.12 | ||
| Q3 25 | $0.02 | $0.53 | ||
| Q2 25 | $-0.06 | $1.12 | ||
| Q1 25 | $0.39 | $1.00 | ||
| Q4 24 | — | $1.12 | ||
| Q3 24 | — | $0.94 | ||
| Q2 24 | — | $1.65 | ||
| Q1 24 | — | $0.67 |
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 | $98.5M | $471.4M |
| 总债务越低越好 | $595.0M | — |
| 股东权益账面价值 | $814.9M | $750.2M |
| 总资产 | $2.0B | $6.2B |
| 负债/权益比越低杠杆越低 | 0.73× | — |
8季度趋势，按日历期对齐
现金及短期投资AEBIRHP
| Q4 25 | $98.5M | $471.4M | ||
| Q3 25 | $126.0M | $483.3M | ||
| Q2 25 | $63.6M | $420.6M | ||
| Q1 25 | $47.8M | $413.9M | ||
| Q4 24 | — | $477.7M | ||
| Q3 24 | — | $534.9M | ||
| Q2 24 | — | $498.4M | ||
| Q1 24 | — | $465.3M |
总债务AEBIRHP
| Q4 25 | $595.0M | — | ||
| Q3 25 | $628.4M | — | ||
| Q2 25 | $441.0M | — | ||
| Q1 25 | $402.4M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AEBIRHP
| Q4 25 | $814.9M | $750.2M | ||
| Q3 25 | $812.2M | $758.5M | ||
| Q2 25 | $359.1M | $800.4M | ||
| Q1 25 | $371.3M | $531.5M | ||
| Q4 24 | — | $549.0M | ||
| Q3 24 | — | $551.9M | ||
| Q2 24 | — | $562.6M | ||
| Q1 24 | — | $529.9M |
总资产AEBIRHP
| Q4 25 | $2.0B | $6.2B | ||
| Q3 25 | $2.1B | $6.2B | ||
| Q2 25 | $1.2B | $6.1B | ||
| Q1 25 | $1.1B | $5.2B | ||
| Q4 24 | — | $5.2B | ||
| Q3 24 | — | $5.2B | ||
| Q2 24 | — | $5.1B | ||
| Q1 24 | — | $5.1B |
负债/权益比AEBIRHP
| Q4 25 | 0.73× | — | ||
| Q3 25 | 0.77× | — | ||
| Q2 25 | 1.23× | — | ||
| Q1 25 | 1.08× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $33.5M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $29.7M | $58.5M |
| 自由现金流率自由现金流/营收 | 5.6% | 7.9% |
| 资本支出强度资本支出/营收 | 0.7% | 14.4% |
| 现金转化率经营现金流/净利润 | 3.82× | 2.21× |
| 过去12个月自由现金流最近4个季度 | $-5.2M | $232.4M |
8季度趋势，按日历期对齐
经营现金流AEBIRHP
| Q4 25 | $33.5M | $164.7M | ||
| Q3 25 | $-3.3M | $205.2M | ||
| Q2 25 | $5.3M | $122.5M | ||
| Q1 25 | $-26.6M | $98.2M | ||
| Q4 24 | — | $166.6M | ||
| Q3 24 | — | $218.1M | ||
| Q2 24 | — | $184.3M | ||
| Q1 24 | — | $7.5M |
自由现金流AEBIRHP
| Q4 25 | $29.7M | $58.5M | ||
| Q3 25 | $-8.6M | $135.4M | ||
| Q2 25 | $3.3M | $53.0M | ||
| Q1 25 | $-29.7M | $-14.5M | ||
| Q4 24 | — | $76.0M | ||
| Q3 24 | — | $85.7M | ||
| Q2 24 | — | $78.8M | ||
| Q1 24 | — | $-72.0M |
自由现金流率AEBIRHP
| Q4 25 | 5.6% | 7.9% | ||
| Q3 25 | -1.8% | 22.9% | ||
| Q2 25 | 1.2% | 8.0% | ||
| Q1 25 | -11.9% | -2.5% | ||
| Q4 24 | — | 11.7% | ||
| Q3 24 | — | 15.6% | ||
| Q2 24 | — | 12.9% | ||
| Q1 24 | — | -13.6% |
资本支出强度AEBIRHP
| Q4 25 | 0.7% | 14.4% | ||
| Q3 25 | 1.1% | 11.8% | ||
| Q2 25 | 0.7% | 10.5% | ||
| Q1 25 | 1.2% | 19.2% | ||
| Q4 24 | — | 14.0% | ||
| Q3 24 | — | 24.1% | ||
| Q2 24 | — | 17.2% | ||
| Q1 24 | — | 15.0% |
现金转化率AEBIRHP
| Q4 25 | 3.82× | 2.21× | ||
| Q3 25 | -2.77× | 5.88× | ||
| Q2 25 | — | 1.71× | ||
| Q1 25 | -12.80× | 1.56× | ||
| Q4 24 | — | 2.30× | ||
| Q3 24 | — | 3.70× | ||
| Q2 24 | — | 1.83× | ||
| Q1 24 | — | 0.17× |
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
AEBI
| Transferred At Point In Time | $281.5M | 53% |
| Transferred Over Time | $246.9M | 47% |
RHP
| Hotel Other | $157.7M | 21% |
| Gaylord Opryland | $147.4M | 20% |
| Hotel Transient Rooms | $93.6M | 13% |
| Hotel Food And Beverage Outlets | $92.2M | 12% |
| Gaylord Palms | $88.2M | 12% |
| Jw Marriott Hill Country | $53.7M | 7% |
| Entertainment Admissions And Ticketing | $43.1M | 6% |
| Entertainment Food And Beverage | $38.1M | 5% |
| Entertainment Retail And Other | $28.3M | 4% |
| Ac Hotel | $2.4M | 0% |
