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ASHFORD HOSPITALITY TRUST INC（AHT）与Penguin Solutions, Inc.（PENG）财务数据对比。点击上方公司名可切换其他公司
Penguin Solutions, Inc.的季度营收约是ASHFORD HOSPITALITY TRUST INC的1.3倍（$343.1M vs $259.0M），Penguin Solutions, Inc.净利率更高（1.5% vs -26.8%，领先28.3%），Penguin Solutions, Inc.同比增速更快（0.6% vs -6.0%），Penguin Solutions, Inc.自由现金流更多（$28.2M vs $-86.8M），过去两年Penguin Solutions, Inc.的营收复合增速更高（11.8% 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。
企鹅解决方案公司旗下的兰波集团以拉姆齐解决方案品牌开展业务，是一家美国企业，业务涵盖个人理财、领导力发展、人际关系管理与职业发展相关产品与服务。该公司由戴夫·拉姆齐与妻子莎伦于1991年创立，总部位于田纳西州富兰克林。
AHT vs PENG — 直观对比
营收规模更大
PENG
是对方的1.3倍
$259.0M
营收增速更快
PENG
高出6.6%
-6.0%
净利率更高
PENG
高出28.3%
-26.8%
自由现金流更多
PENG
多$115.0M
$-86.8M
两年增速更快
PENG
近两年复合增速
-7.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $259.0M | $343.1M |
| 净利润 | $-69.3M | $5.3M |
| 毛利率 | — | 28.0% |
| 营业利润率 | -2.6% | 5.7% |
| 净利率 | -26.8% | 1.5% |
| 营收同比 | -6.0% | 0.6% |
| 净利润同比 | 44.2% | 1.0% |
| 每股收益（稀释后） | $-12.85 | $0.04 |
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AHTPENG
| Q4 25 | $259.0M | $343.1M | ||
| Q3 25 | $266.1M | $337.9M | ||
| Q2 25 | $302.0M | $324.3M | ||
| Q1 25 | $277.4M | $365.5M | ||
| Q4 24 | $275.5M | $341.1M | ||
| Q3 24 | $276.6M | $284.8M | ||
| Q2 24 | $316.5M | $300.6M | ||
| Q1 24 | $303.9M | — |
净利润AHTPENG
| Q4 25 | $-69.3M | $5.3M | ||
| Q3 25 | $-60.1M | $9.4M | ||
| Q2 25 | $-30.4M | $2.7M | ||
| Q1 25 | $-20.0M | $8.1M | ||
| Q4 24 | $-124.2M | $5.2M | ||
| Q3 24 | $-57.9M | — | ||
| Q2 24 | $50.3M | $5.6M | ||
| Q1 24 | $71.6M | — |
毛利率AHTPENG
| Q4 25 | — | 28.0% | ||
| Q3 25 | — | 28.6% | ||
| Q2 25 | — | 29.3% | ||
| Q1 25 | — | 28.6% | ||
| Q4 24 | — | 28.7% | ||
| Q3 24 | — | 28.8% | ||
| Q2 24 | — | 29.6% | ||
| Q1 24 | — | — |
营业利润率AHTPENG
| Q4 25 | -2.6% | 5.7% | ||
| Q3 25 | 4.6% | 3.7% | ||
| Q2 25 | 16.3% | 3.0% | ||
| Q1 25 | 22.2% | 5.1% | ||
| Q4 24 | -17.8% | 5.1% | ||
| Q3 24 | 7.3% | -1.2% | ||
| Q2 24 | 42.8% | 3.8% | ||
| Q1 24 | 50.2% | — |
净利率AHTPENG
| Q4 25 | -26.8% | 1.5% | ||
| Q3 25 | -22.6% | 2.8% | ||
| Q2 25 | -10.1% | 0.8% | ||
| Q1 25 | -7.2% | 2.2% | ||
| Q4 24 | -45.1% | 1.5% | ||
| Q3 24 | -20.9% | — | ||
| Q2 24 | 15.9% | 1.9% | ||
| Q1 24 | 23.5% | — |
每股收益（稀释后）AHTPENG
| Q4 25 | $-12.85 | $0.04 | ||
| Q3 25 | $-11.35 | $0.10 | ||
| Q2 25 | $-6.88 | $-0.01 | ||
| Q1 25 | $-4.91 | $0.09 | ||
| Q4 24 | $-13.64 | $0.10 | ||
| Q3 24 | $-12.39 | — | ||
| Q2 24 | $2.50 | $0.10 | ||
| Q1 24 | $5.99 | — |
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 | $461.5M |
| 总债务越低越好 | $2.5B | $462.3M |
| 股东权益账面价值 | $-626.4M | $389.7M |
| 总资产 | $2.8B | $1.6B |
| 负债/权益比越低杠杆越低 | — | 1.19× |
8季度趋势，按日历期对齐
现金及短期投资AHTPENG
| Q4 25 | $66.1M | $461.5M | ||
| Q3 25 | $81.9M | $453.8M | ||
| Q2 25 | $100.0M | $735.5M | ||
| Q1 25 | $85.8M | $647.0M | ||
| Q4 24 | $112.9M | $393.7M | ||
| Q3 24 | $119.7M | $389.5M | ||
| Q2 24 | $121.8M | $467.5M | ||
| Q1 24 | $111.1M | — |
总债务AHTPENG
| Q4 25 | $2.5B | $462.3M | ||
| Q3 25 | $2.6B | $461.8M | ||
| Q2 25 | $2.6B | $659.5M | ||
| Q1 25 | $2.7B | $658.8M | ||
| Q4 24 | $2.6B | $658.1M | ||
| Q3 24 | $2.7B | $657.3M | ||
| Q2 24 | $2.8B | $667.0M | ||
| Q1 24 | $2.9B | — |
股东权益AHTPENG
| Q4 25 | $-626.4M | $389.7M | ||
| Q3 25 | $-548.7M | $394.2M | ||
| Q2 25 | $-485.5M | $584.8M | ||
| Q1 25 | $-446.1M | $602.5M | ||
| Q4 24 | $-419.2M | $400.4M | ||
| Q3 24 | $-288.4M | $391.4M | ||
| Q2 24 | $-225.9M | $423.4M | ||
| Q1 24 | $-276.8M | — |
总资产AHTPENG
| Q4 25 | $2.8B | $1.6B | ||
| Q3 25 | $3.0B | $1.6B | ||
| Q2 25 | $3.1B | $1.8B | ||
| Q1 25 | $3.1B | $1.8B | ||
| Q4 24 | $3.2B | $1.6B | ||
| Q3 24 | $3.3B | $1.5B | ||
| Q2 24 | $3.3B | $1.5B | ||
| Q1 24 | $3.5B | — |
负债/权益比AHTPENG
| Q4 25 | — | 1.19× | ||
| Q3 25 | — | 1.17× | ||
| Q2 25 | — | 1.13× | ||
| Q1 25 | — | 1.09× | ||
| Q4 24 | — | 1.64× | ||
| Q3 24 | — | 1.68× | ||
| Q2 24 | — | 1.58× | ||
| 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 | $31.1M |
| 自由现金流经营现金流 - 资本支出 | $-86.8M | $28.2M |
| 自由现金流率自由现金流/营收 | -33.5% | 8.2% |
| 资本支出强度资本支出/营收 | 27.5% | 0.8% |
| 现金转化率经营现金流/净利润 | — | 5.89× |
| 过去12个月自由现金流最近4个季度 | $-135.5M | $116.3M |
8季度趋势，按日历期对齐
经营现金流AHTPENG
| Q4 25 | $-15.7M | $31.1M | ||
| Q3 25 | $5.5M | $-70.4M | ||
| Q2 25 | $16.3M | $92.8M | ||
| Q1 25 | $-25.0M | $72.9M | ||
| Q4 24 | $-23.6M | $13.8M | ||
| Q3 24 | $795.0K | — | ||
| Q2 24 | $8.0M | $57.9M | ||
| Q1 24 | $-46.5M | — |
自由现金流AHTPENG
| Q4 25 | $-86.8M | $28.2M | ||
| Q3 25 | $-226.0K | $-73.4M | ||
| Q2 25 | $-3.6M | $90.9M | ||
| Q1 25 | $-44.8M | $70.5M | ||
| Q4 24 | $-131.6M | $12.0M | ||
| Q3 24 | $-21.8M | — | ||
| Q2 24 | $-22.9M | $48.9M | ||
| Q1 24 | $-80.4M | — |
自由现金流率AHTPENG
| Q4 25 | -33.5% | 8.2% | ||
| Q3 25 | -0.1% | -21.7% | ||
| Q2 25 | -1.2% | 28.0% | ||
| Q1 25 | -16.2% | 19.3% | ||
| Q4 24 | -47.8% | 3.5% | ||
| Q3 24 | -7.9% | — | ||
| Q2 24 | -7.2% | 16.3% | ||
| Q1 24 | -26.5% | — |
资本支出强度AHTPENG
| Q4 25 | 27.5% | 0.8% | ||
| Q3 25 | 2.1% | 0.9% | ||
| Q2 25 | 6.6% | 0.6% | ||
| Q1 25 | 7.2% | 0.6% | ||
| Q4 24 | 39.2% | 0.5% | ||
| Q3 24 | 8.2% | — | ||
| Q2 24 | 9.8% | 3.0% | ||
| Q1 24 | 11.2% | — |
现金转化率AHTPENG
| Q4 25 | — | 5.89× | ||
| Q3 25 | — | -7.47× | ||
| Q2 25 | — | 34.88× | ||
| Q1 25 | — | 9.02× | ||
| Q4 24 | — | 2.65× | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.16× | 10.30× | ||
| Q1 24 | -0.65× | — |
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% |
PENG
| Integrated Memory Segment | $171.6M | 50% |
| Advanced Computing Segment | $115.7M | 34% |
| Optimized LED Segment | $55.7M | 16% |
