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ASHFORD HOSPITALITY TRUST INC（AHT）与PERDOCEO EDUCATION Corp（PRDO）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PERDOCEO EDUCATION Corp的1.2倍（$259.0M vs $211.6M），PERDOCEO EDUCATION Corp同比增速更快（20.0% vs -6.0%），PERDOCEO EDUCATION Corp自由现金流更多（$37.9M vs $-86.8M），过去两年PERDOCEO EDUCATION Corp的营收复合增速更高（12.2% 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。
Perdoceo Education是美国上市营利性教育集团，前身为职业教育公司（Career Education Corporation），旗下运营五所美国营利性大学，包括美国洲际大学、科罗拉多理工大学、南加利福尼亚大学、三叉戟国际大学及圣奥古斯丁健康科学大学，业务覆盖高等教育、职业教育及健康科学相关教育领域。
AHT vs PRDO — 直观对比
营收规模更大
AHT
是对方的1.2倍
$211.6M
营收增速更快
PRDO
高出26.0%
-6.0%
自由现金流更多
PRDO
多$124.7M
$-86.8M
两年增速更快
PRDO
近两年复合增速
-7.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $259.0M | $211.6M |
| 净利润 | $-69.3M | — |
| 毛利率 | — | — |
| 营业利润率 | -2.6% | 19.8% |
| 净利率 | -26.8% | — |
| 营收同比 | -6.0% | 20.0% |
| 净利润同比 | 44.2% | — |
| 每股收益（稀释后） | $-12.85 | $0.55 |
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AHTPRDO
| Q4 25 | $259.0M | $211.6M | ||
| Q3 25 | $266.1M | $211.9M | ||
| Q2 25 | $302.0M | $209.6M | ||
| Q1 25 | $277.4M | $213.0M | ||
| Q4 24 | $275.5M | $176.4M | ||
| Q3 24 | $276.6M | $169.8M | ||
| Q2 24 | $316.5M | $166.7M | ||
| Q1 24 | $303.9M | $168.3M |
净利润AHTPRDO
| Q4 25 | $-69.3M | — | ||
| Q3 25 | $-60.1M | $39.9M | ||
| Q2 25 | $-30.4M | $41.0M | ||
| Q1 25 | $-20.0M | $43.7M | ||
| Q4 24 | $-124.2M | — | ||
| Q3 24 | $-57.9M | $38.3M | ||
| Q2 24 | $50.3M | $38.4M | ||
| Q1 24 | $71.6M | $39.4M |
营业利润率AHTPRDO
| Q4 25 | -2.6% | 19.8% | ||
| Q3 25 | 4.6% | 24.1% | ||
| Q2 25 | 16.3% | 24.5% | ||
| Q1 25 | 22.2% | 24.3% | ||
| Q4 24 | -17.8% | 21.1% | ||
| Q3 24 | 7.3% | 26.4% | ||
| Q2 24 | 42.8% | 27.6% | ||
| Q1 24 | 50.2% | 27.5% |
净利率AHTPRDO
| Q4 25 | -26.8% | — | ||
| Q3 25 | -22.6% | 18.8% | ||
| Q2 25 | -10.1% | 19.6% | ||
| Q1 25 | -7.2% | 20.5% | ||
| Q4 24 | -45.1% | — | ||
| Q3 24 | -20.9% | 22.5% | ||
| Q2 24 | 15.9% | 23.0% | ||
| Q1 24 | 23.5% | 23.4% |
每股收益（稀释后）AHTPRDO
| Q4 25 | $-12.85 | $0.55 | ||
| Q3 25 | $-11.35 | $0.60 | ||
| Q2 25 | $-6.88 | $0.62 | ||
| Q1 25 | $-4.91 | $0.65 | ||
| Q4 24 | $-13.64 | $0.46 | ||
| Q3 24 | $-12.39 | $0.57 | ||
| Q2 24 | $2.50 | $0.57 | ||
| Q1 24 | $5.99 | $0.59 |
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 | $111.0M |
| 总债务越低越好 | $2.5B | — |
| 股东权益账面价值 | $-626.4M | $972.4M |
| 总资产 | $2.8B | $1.2B |
| 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AHTPRDO
| Q4 25 | $66.1M | $111.0M | ||
| Q3 25 | $81.9M | $159.5M | ||
| Q2 25 | $100.0M | $172.1M | ||
| Q1 25 | $85.8M | $132.1M | ||
| Q4 24 | $112.9M | $109.1M | ||
| Q3 24 | $119.7M | $238.0M | ||
| Q2 24 | $121.8M | $127.9M | ||
| Q1 24 | $111.1M | $125.8M |
总债务AHTPRDO
| 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 | — | ||
| Q1 24 | $2.9B | — |
股东权益AHTPRDO
| Q4 25 | $-626.4M | $972.4M | ||
| Q3 25 | $-548.7M | $997.9M | ||
| Q2 25 | $-485.5M | $984.6M | ||
| Q1 25 | $-446.1M | $970.3M | ||
| Q4 24 | $-419.2M | $959.5M | ||
| Q3 24 | $-288.4M | $935.4M | ||
| Q2 24 | $-225.9M | $899.5M | ||
| Q1 24 | $-276.8M | $866.1M |
总资产AHTPRDO
| Q4 25 | $2.8B | $1.2B | ||
| Q3 25 | $3.0B | $1.3B | ||
| Q2 25 | $3.1B | $1.3B | ||
| Q1 25 | $3.1B | $1.3B | ||
| Q4 24 | $3.2B | $1.2B | ||
| Q3 24 | $3.3B | $1.1B | ||
| Q2 24 | $3.3B | $1.1B | ||
| Q1 24 | $3.5B | $1.1B |
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 | $40.1M |
| 自由现金流经营现金流 - 资本支出 | $-86.8M | $37.9M |
| 自由现金流率自由现金流/营收 | -33.5% | 17.9% |
| 资本支出强度资本支出/营收 | 27.5% | 1.1% |
| 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 | $216.7M |
8季度趋势，按日历期对齐
经营现金流AHTPRDO
| Q4 25 | $-15.7M | $40.1M | ||
| Q3 25 | $5.5M | $41.2M | ||
| Q2 25 | $16.3M | $78.8M | ||
| Q1 25 | $-25.0M | $65.1M | ||
| Q4 24 | $-23.6M | $17.6M | ||
| Q3 24 | $795.0K | $51.0M | ||
| Q2 24 | $8.0M | $38.5M | ||
| Q1 24 | $-46.5M | $54.5M |
自由现金流AHTPRDO
| Q4 25 | $-86.8M | $37.9M | ||
| Q3 25 | $-226.0K | $39.4M | ||
| Q2 25 | $-3.6M | $76.0M | ||
| Q1 25 | $-44.8M | $63.4M | ||
| Q4 24 | $-131.6M | $16.0M | ||
| Q3 24 | $-21.8M | $50.0M | ||
| Q2 24 | $-22.9M | $37.7M | ||
| Q1 24 | $-80.4M | $53.3M |
自由现金流率AHTPRDO
| Q4 25 | -33.5% | 17.9% | ||
| Q3 25 | -0.1% | 18.6% | ||
| Q2 25 | -1.2% | 36.3% | ||
| Q1 25 | -16.2% | 29.8% | ||
| Q4 24 | -47.8% | 9.1% | ||
| Q3 24 | -7.9% | 29.4% | ||
| Q2 24 | -7.2% | 22.6% | ||
| Q1 24 | -26.5% | 31.7% |
资本支出强度AHTPRDO
| Q4 25 | 27.5% | 1.1% | ||
| Q3 25 | 2.1% | 0.9% | ||
| Q2 25 | 6.6% | 1.3% | ||
| Q1 25 | 7.2% | 0.8% | ||
| Q4 24 | 39.2% | 0.9% | ||
| Q3 24 | 8.2% | 0.6% | ||
| Q2 24 | 9.8% | 0.5% | ||
| Q1 24 | 11.2% | 0.7% |
现金转化率AHTPRDO
| Q4 25 | — | — | ||
| Q3 25 | — | 1.03× | ||
| Q2 25 | — | 1.92× | ||
| Q1 25 | — | 1.49× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.33× | ||
| Q2 24 | 0.16× | 1.00× | ||
| Q1 24 | -0.65× | 1.38× |
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% |
PRDO
| CTU | $107.0M | 51% |
| AIUS | $60.8M | 29% |
| University Of St Augustine For Health Sciences Llc | $43.7M | 21% |
| Other | $1.1M | 1% |
