vs
ASHFORD HOSPITALITY TRUST INC（AHT）与IDACORP INC（IDA）财务数据对比。点击上方公司名可切换其他公司
IDACORP INC的季度营收约是ASHFORD HOSPITALITY TRUST INC的1.4倍（$360.1M vs $259.0M），IDACORP INC净利率更高（12.1% vs -26.8%，领先38.9%），IDACORP INC同比增速更快（-4.2% vs -6.0%），ASHFORD HOSPITALITY TRUST INC自由现金流更多（$-86.8M vs $-216.2M），过去两年IDACORP INC的营收复合增速更高（-7.2% vs -7.7%）
阿什福德酒店信托是一家总部位于美国的房地产投资信托，主要投资美国核心城市、郊区及度假区的高端全服务酒店资产，旗下物业多由全球知名酒店品牌运营，服务商务与休闲旅客，专注实现长期资产增值与稳定股东回报。
IDACORP Inc是注册于美国爱达荷州、总部设在博伊西的电力控股企业，成立于1998年10月1日，旗下拥有爱达荷电力公司、IDACORP金融公司及Ida-West能源公司，业务覆盖电力供应、能源服务及相关配套金融服务领域。
AHT vs IDA — 直观对比
营收规模更大
IDA
是对方的1.4倍
$259.0M
营收增速更快
IDA
高出1.8%
-6.0%
净利率更高
IDA
高出38.9%
-26.8%
自由现金流更多
AHT
多$129.4M
$-216.2M
两年增速更快
IDA
近两年复合增速
-7.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $259.0M | $360.1M |
| 净利润 | $-69.3M | $43.6M |
| 毛利率 | — | — |
| 营业利润率 | -2.6% | 14.9% |
| 净利率 | -26.8% | 12.1% |
| 营收同比 | -6.0% | -4.2% |
| 净利润同比 | 44.2% | 15.1% |
| 每股收益（稀释后） | $-12.85 | $0.78 |
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AHTIDA
| Q4 25 | $259.0M | $360.1M | ||
| Q3 25 | $266.1M | $526.4M | ||
| Q2 25 | $302.0M | $449.3M | ||
| Q1 25 | $277.4M | $411.1M | ||
| Q4 24 | $275.5M | $375.9M | ||
| Q3 24 | $276.6M | $532.5M | ||
| Q2 24 | $316.5M | $442.6M | ||
| Q1 24 | $303.9M | $417.9M |
净利润AHTIDA
| Q4 25 | $-69.3M | $43.6M | ||
| Q3 25 | $-60.1M | $124.4M | ||
| Q2 25 | $-30.4M | $95.8M | ||
| Q1 25 | $-20.0M | $59.6M | ||
| Q4 24 | $-124.2M | $37.9M | ||
| Q3 24 | $-57.9M | $113.6M | ||
| Q2 24 | $50.3M | $89.5M | ||
| Q1 24 | $71.6M | $48.2M |
营业利润率AHTIDA
| Q4 25 | -2.6% | 14.9% | ||
| Q3 25 | 4.6% | 27.5% | ||
| Q2 25 | 16.3% | 22.4% | ||
| Q1 25 | 22.2% | 13.4% | ||
| Q4 24 | -17.8% | 11.0% | ||
| Q3 24 | 7.3% | 25.1% | ||
| Q2 24 | 42.8% | 23.3% | ||
| Q1 24 | 50.2% | 11.9% |
净利率AHTIDA
| Q4 25 | -26.8% | 12.1% | ||
| Q3 25 | -22.6% | 23.6% | ||
| Q2 25 | -10.1% | 21.3% | ||
| Q1 25 | -7.2% | 14.5% | ||
| Q4 24 | -45.1% | 10.1% | ||
| Q3 24 | -20.9% | 21.3% | ||
| Q2 24 | 15.9% | 20.2% | ||
| Q1 24 | 23.5% | 11.5% |
每股收益（稀释后）AHTIDA
| Q4 25 | $-12.85 | $0.78 | ||
| Q3 25 | $-11.35 | $2.26 | ||
| Q2 25 | $-6.88 | $1.76 | ||
| Q1 25 | $-4.91 | $1.10 | ||
| Q4 24 | $-13.64 | $0.72 | ||
| Q3 24 | $-12.39 | $2.12 | ||
| Q2 24 | $2.50 | $1.71 | ||
| Q1 24 | $5.99 | $0.95 |
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 | $66.1M | $215.7M |
| 总债务越低越好 | $2.5B | $3.3B |
| 股东权益账面价值 | $-626.4M | $3.6B |
| 总资产 | $2.8B | $10.2B |
| 负债/权益比越低杠杆越低 | — | 0.93× |
8季度趋势，按日历期对齐
现金及短期投资AHTIDA
| Q4 25 | $66.1M | $215.7M | ||
| Q3 25 | $81.9M | $333.2M | ||
| Q2 25 | $100.0M | $474.5M | ||
| Q1 25 | $85.8M | $634.5M | ||
| Q4 24 | $112.9M | $368.9M | ||
| Q3 24 | $119.7M | $427.9M | ||
| Q2 24 | $121.8M | $169.6M | ||
| Q1 24 | $111.1M | $157.6M |
总债务AHTIDA
| Q4 25 | $2.5B | $3.3B | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $2.6B | $3.1B | ||
| Q3 24 | $2.7B | — | ||
| Q2 24 | $2.8B | — | ||
| Q1 24 | $2.9B | — |
股东权益AHTIDA
| Q4 25 | $-626.4M | $3.6B | ||
| Q3 25 | $-548.7M | $3.5B | ||
| Q2 25 | $-485.5M | $3.4B | ||
| Q1 25 | $-446.1M | $3.3B | ||
| Q4 24 | $-419.2M | $3.3B | ||
| Q3 24 | $-288.4M | $3.3B | ||
| Q2 24 | $-225.9M | $3.2B | ||
| Q1 24 | $-276.8M | $2.9B |
总资产AHTIDA
| Q4 25 | $2.8B | $10.2B | ||
| Q3 25 | $3.0B | $10.1B | ||
| Q2 25 | $3.1B | $9.9B | ||
| Q1 25 | $3.1B | $9.6B | ||
| Q4 24 | $3.2B | $9.2B | ||
| Q3 24 | $3.3B | $9.1B | ||
| Q2 24 | $3.3B | $8.7B | ||
| Q1 24 | $3.5B | $8.3B |
负债/权益比AHTIDA
| Q4 25 | — | 0.93× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.92× | ||
| 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 | $-15.7M | $137.8M |
| 自由现金流经营现金流 - 资本支出 | $-86.8M | $-216.2M |
| 自由现金流率自由现金流/营收 | -33.5% | -60.0% |
| 资本支出强度资本支出/营收 | 27.5% | 98.3% |
| 现金转化率经营现金流/净利润 | — | 3.16× |
| 过去12个月自由现金流最近4个季度 | $-135.5M | $-577.5M |
8季度趋势，按日历期对齐
经营现金流AHTIDA
| Q4 25 | $-15.7M | $137.8M | ||
| Q3 25 | $5.5M | $162.8M | ||
| Q2 25 | $16.3M | $176.9M | ||
| Q1 25 | $-25.0M | $124.3M | ||
| Q4 24 | $-23.6M | $136.4M | ||
| Q3 24 | $795.0K | $201.9M | ||
| Q2 24 | $8.0M | $146.4M | ||
| Q1 24 | $-46.5M | $109.7M |
自由现金流AHTIDA
| Q4 25 | $-86.8M | $-216.2M | ||
| Q3 25 | $-226.0K | $-127.9M | ||
| Q2 25 | $-3.6M | $-156.4M | ||
| Q1 25 | $-44.8M | $-77.0M | ||
| Q4 24 | $-131.6M | $-48.9M | ||
| Q3 24 | $-21.8M | $-16.1M | ||
| Q2 24 | $-22.9M | $-199.6M | ||
| Q1 24 | $-80.4M | $-150.3M |
自由现金流率AHTIDA
| Q4 25 | -33.5% | -60.0% | ||
| Q3 25 | -0.1% | -24.3% | ||
| Q2 25 | -1.2% | -34.8% | ||
| Q1 25 | -16.2% | -18.7% | ||
| Q4 24 | -47.8% | -13.0% | ||
| Q3 24 | -7.9% | -3.0% | ||
| Q2 24 | -7.2% | -45.1% | ||
| Q1 24 | -26.5% | -36.0% |
资本支出强度AHTIDA
| Q4 25 | 27.5% | 98.3% | ||
| Q3 25 | 2.1% | 55.2% | ||
| Q2 25 | 6.6% | 74.2% | ||
| Q1 25 | 7.2% | 49.0% | ||
| Q4 24 | 39.2% | 49.3% | ||
| Q3 24 | 8.2% | 41.0% | ||
| Q2 24 | 9.8% | 78.2% | ||
| Q1 24 | 11.2% | 62.2% |
现金转化率AHTIDA
| Q4 25 | — | 3.16× | ||
| Q3 25 | — | 1.31× | ||
| Q2 25 | — | 1.85× | ||
| Q1 25 | — | 2.08× | ||
| Q4 24 | — | 3.60× | ||
| Q3 24 | — | 1.78× | ||
| Q2 24 | 0.16× | 1.63× | ||
| Q1 24 | -0.65× | 2.28× |
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
AHT
| Occupancy | $190.2M | 73% |
| Food And Beverage | $51.8M | 20% |
| Hotel Other | $16.6M | 6% |
IDA
| Retailrevenues | $323.0M | 90% |
| Transmissionserviceswheeling | $18.6M | 5% |
| Energyefficiencyprogramrevenues | $11.7M | 3% |
| Wholesaleenergysales | $10.5M | 3% |
| Otherrevenues | $9.5M | 3% |
