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ASHFORD HOSPITALITY TRUST INC（AHT）与莱迪思半导体（LSCC）财务数据对比。点击上方公司名可切换其他公司
ASHFORD HOSPITALITY TRUST INC的季度营收约是莱迪思半导体的1.8倍（$259.0M vs $145.8M），莱迪思半导体净利率更高（-5.2% vs -26.8%，领先21.5%），莱迪思半导体同比增速更快（9.3% vs -6.0%），莱迪思半导体自由现金流更多（$44.0M vs $-86.8M），过去两年莱迪思半导体的营收复合增速更高（8.4% 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。
莱迪思半导体是美国专注于低功耗现场可编程门阵列（FPGA）设计制造的半导体企业，1983年成立，1989年上市，总部位于俄勒冈州希尔斯伯勒硅林区，在圣何塞、上海、马尼拉、槟城、新加坡等地设有运营网点，截至2022年员工超1000人，年营收超6.6亿美元。
AHT vs LSCC — 直观对比
营收规模更大
AHT
是对方的1.8倍
$145.8M
营收增速更快
LSCC
高出15.3%
-6.0%
净利率更高
LSCC
高出21.5%
-26.8%
自由现金流更多
LSCC
多$130.8M
$-86.8M
两年增速更快
LSCC
近两年复合增速
-7.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $259.0M | $145.8M |
| 净利润 | $-69.3M | $-7.6M |
| 毛利率 | — | 68.5% |
| 营业利润率 | -2.6% | 30.7% |
| 净利率 | -26.8% | -5.2% |
| 营收同比 | -6.0% | 9.3% |
| 净利润同比 | 44.2% | 14.6% |
| 每股收益（稀释后） | $-12.85 | $-0.06 |
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AHTLSCC
| Q1 26 | — | $145.8M | ||
| Q4 25 | $259.0M | — | ||
| Q3 25 | $266.1M | $133.3M | ||
| Q2 25 | $302.0M | $124.0M | ||
| Q1 25 | $277.4M | $120.2M | ||
| Q4 24 | $275.5M | $117.4M | ||
| Q3 24 | $276.6M | $127.1M | ||
| Q2 24 | $316.5M | $124.1M |
净利润AHTLSCC
| Q1 26 | — | $-7.6M | ||
| Q4 25 | $-69.3M | — | ||
| Q3 25 | $-60.1M | $2.8M | ||
| Q2 25 | $-30.4M | $2.9M | ||
| Q1 25 | $-20.0M | $5.0M | ||
| Q4 24 | $-124.2M | $16.5M | ||
| Q3 24 | $-57.9M | $7.2M | ||
| Q2 24 | $50.3M | $22.6M |
毛利率AHTLSCC
| Q1 26 | — | 68.5% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 67.9% | ||
| Q2 25 | — | 68.4% | ||
| Q1 25 | — | 68.0% | ||
| Q4 24 | — | 61.1% | ||
| Q3 24 | — | 69.0% | ||
| Q2 24 | — | 68.3% |
营业利润率AHTLSCC
| Q1 26 | — | 0.7% | ||
| Q4 25 | -2.6% | — | ||
| Q3 25 | 4.6% | -1.2% | ||
| Q2 25 | 16.3% | 3.8% | ||
| Q1 25 | 22.2% | 5.8% | ||
| Q4 24 | -17.8% | -10.4% | ||
| Q3 24 | 7.3% | 5.9% | ||
| Q2 24 | 42.8% | 18.2% |
净利率AHTLSCC
| Q1 26 | — | -5.2% | ||
| Q4 25 | -26.8% | — | ||
| Q3 25 | -22.6% | 2.1% | ||
| Q2 25 | -10.1% | 2.3% | ||
| Q1 25 | -7.2% | 4.2% | ||
| Q4 24 | -45.1% | 14.1% | ||
| Q3 24 | -20.9% | 5.7% | ||
| Q2 24 | 15.9% | 18.2% |
每股收益（稀释后）AHTLSCC
| Q1 26 | — | $-0.06 | ||
| Q4 25 | $-12.85 | — | ||
| Q3 25 | $-11.35 | $0.02 | ||
| Q2 25 | $-6.88 | $0.02 | ||
| Q1 25 | $-4.91 | $0.04 | ||
| Q4 24 | $-13.64 | $0.12 | ||
| Q3 24 | $-12.39 | $0.05 | ||
| Q2 24 | $2.50 | $0.16 |
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 | $133.9M |
| 总债务越低越好 | $2.5B | — |
| 股东权益账面价值 | $-626.4M | $714.1M |
| 总资产 | $2.8B | — |
| 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AHTLSCC
| Q1 26 | — | $133.9M | ||
| Q4 25 | $66.1M | — | ||
| Q3 25 | $81.9M | $117.9M | ||
| Q2 25 | $100.0M | $107.2M | ||
| Q1 25 | $85.8M | $127.6M | ||
| Q4 24 | $112.9M | $136.3M | ||
| Q3 24 | $119.7M | $124.3M | ||
| Q2 24 | $121.8M | $109.2M |
总债务AHTLSCC
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.7B | — | ||
| Q2 24 | $2.8B | — |
股东权益AHTLSCC
| Q1 26 | — | $714.1M | ||
| Q4 25 | $-626.4M | — | ||
| Q3 25 | $-548.7M | $706.4M | ||
| Q2 25 | $-485.5M | $687.0M | ||
| Q1 25 | $-446.1M | $707.9M | ||
| Q4 24 | $-419.2M | $710.9M | ||
| Q3 24 | $-288.4M | $703.5M | ||
| Q2 24 | $-225.9M | $698.8M |
总资产AHTLSCC
| Q1 26 | — | $883.1M | ||
| Q4 25 | $2.8B | — | ||
| Q3 25 | $3.0B | $844.4M | ||
| Q2 25 | $3.1B | $808.6M | ||
| Q1 25 | $3.1B | $823.6M | ||
| Q4 24 | $3.2B | $843.9M | ||
| Q3 24 | $3.3B | $853.7M | ||
| Q2 24 | $3.3B | $827.5M |
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 | $57.6M |
| 自由现金流经营现金流 - 资本支出 | $-86.8M | $44.0M |
| 自由现金流率自由现金流/营收 | -33.5% | 30.2% |
| 资本支出强度资本支出/营收 | 27.5% | — |
| 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 | $-135.5M | $153.3M |
8季度趋势，按日历期对齐
经营现金流AHTLSCC
| Q1 26 | — | $57.6M | ||
| Q4 25 | $-15.7M | — | ||
| Q3 25 | $5.5M | $47.1M | ||
| Q2 25 | $16.3M | $38.5M | ||
| Q1 25 | $-25.0M | $31.9M | ||
| Q4 24 | $-23.6M | $45.4M | ||
| Q3 24 | $795.0K | $44.0M | ||
| Q2 24 | $8.0M | $21.9M |
自由现金流AHTLSCC
| Q1 26 | — | $44.0M | ||
| Q4 25 | $-86.8M | — | ||
| Q3 25 | $-226.0K | $34.0M | ||
| Q2 25 | $-3.6M | $31.3M | ||
| Q1 25 | $-44.8M | $23.3M | ||
| Q4 24 | $-131.6M | $39.7M | ||
| Q3 24 | $-21.8M | $39.4M | ||
| Q2 24 | $-22.9M | $14.8M |
自由现金流率AHTLSCC
| Q1 26 | — | 30.2% | ||
| Q4 25 | -33.5% | — | ||
| Q3 25 | -0.1% | 25.5% | ||
| Q2 25 | -1.2% | 25.2% | ||
| Q1 25 | -16.2% | 19.4% | ||
| Q4 24 | -47.8% | 33.8% | ||
| Q3 24 | -7.9% | 31.0% | ||
| Q2 24 | -7.2% | 11.9% |
资本支出强度AHTLSCC
| Q1 26 | — | 9.3% | ||
| Q4 25 | 27.5% | — | ||
| Q3 25 | 2.1% | 9.8% | ||
| Q2 25 | 6.6% | 5.8% | ||
| Q1 25 | 7.2% | 7.2% | ||
| Q4 24 | 39.2% | 4.9% | ||
| Q3 24 | 8.2% | 3.7% | ||
| Q2 24 | 9.8% | 5.8% |
现金转化率AHTLSCC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 16.86× | ||
| Q2 25 | — | 13.23× | ||
| Q1 25 | — | 6.35× | ||
| Q4 24 | — | 2.75× | ||
| Q3 24 | — | 6.12× | ||
| Q2 24 | 0.16× | 0.97× |
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% |
LSCC
暂无分部数据
