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ASHFORD HOSPITALITY TRUST INC（AHT）与LiveRamp Holdings, Inc.（RAMP）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LiveRamp Holdings, Inc.的1.2倍（$259.0M vs $212.2M），LiveRamp Holdings, Inc.净利率更高（18.8% vs -26.8%，领先45.6%），LiveRamp Holdings, Inc.同比增速更快（8.6% vs -6.0%），过去两年LiveRamp Holdings, Inc.的营收复合增速更高（11.1% 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。
LiveRamp Holdings, Inc.是一家美国SaaS企业，核心业务为提供数据连接平台，服务涵盖数据导入、线下数据线上迁移等能力，助力企业开展营销相关的数据应用，为品牌及营销从业者的数字化运营提供技术支撑。
AHT vs RAMP — 直观对比
营收规模更大
AHT
是对方的1.2倍
$212.2M
营收增速更快
RAMP
高出14.6%
-6.0%
净利率更高
RAMP
高出45.6%
-26.8%
两年增速更快
RAMP
近两年复合增速
-7.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $259.0M | $212.2M |
| 净利润 | $-69.3M | $39.9M |
| 毛利率 | — | 71.9% |
| 营业利润率 | -2.6% | 18.6% |
| 净利率 | -26.8% | 18.8% |
| 营收同比 | -6.0% | 8.6% |
| 净利润同比 | 44.2% | 255.7% |
| 每股收益（稀释后） | $-12.85 | $0.62 |
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AHTRAMP
| Q4 25 | $259.0M | $212.2M | ||
| Q3 25 | $266.1M | $199.8M | ||
| Q2 25 | $302.0M | $194.8M | ||
| Q1 25 | $277.4M | $188.7M | ||
| Q4 24 | $275.5M | $195.4M | ||
| Q3 24 | $276.6M | $185.5M | ||
| Q2 24 | $316.5M | $176.0M | ||
| Q1 24 | $303.9M | $171.9M |
净利润AHTRAMP
| Q4 25 | $-69.3M | $39.9M | ||
| Q3 25 | $-60.1M | $27.4M | ||
| Q2 25 | $-30.4M | $7.7M | ||
| Q1 25 | $-20.0M | $-6.3M | ||
| Q4 24 | $-124.2M | $11.2M | ||
| Q3 24 | $-57.9M | $1.7M | ||
| Q2 24 | $50.3M | $-7.5M | ||
| Q1 24 | $71.6M | $-5.4M |
毛利率AHTRAMP
| Q4 25 | — | 71.9% | ||
| Q3 25 | — | 70.2% | ||
| Q2 25 | — | 70.1% | ||
| Q1 25 | — | 69.3% | ||
| Q4 24 | — | 71.9% | ||
| Q3 24 | — | 72.4% | ||
| Q2 24 | — | 70.6% | ||
| Q1 24 | — | 72.2% |
营业利润率AHTRAMP
| Q4 25 | -2.6% | 18.6% | ||
| Q3 25 | 4.6% | 10.7% | ||
| Q2 25 | 16.3% | 3.7% | ||
| Q1 25 | 22.2% | -6.1% | ||
| Q4 24 | -17.8% | 7.5% | ||
| Q3 24 | 7.3% | 4.0% | ||
| Q2 24 | 42.8% | -3.0% | ||
| Q1 24 | 50.2% | -8.3% |
净利率AHTRAMP
| Q4 25 | -26.8% | 18.8% | ||
| Q3 25 | -22.6% | 13.7% | ||
| Q2 25 | -10.1% | 4.0% | ||
| Q1 25 | -7.2% | -3.3% | ||
| Q4 24 | -45.1% | 5.7% | ||
| Q3 24 | -20.9% | 0.9% | ||
| Q2 24 | 15.9% | -4.3% | ||
| Q1 24 | 23.5% | -3.1% |
每股收益（稀释后）AHTRAMP
| Q4 25 | $-12.85 | $0.62 | ||
| Q3 25 | $-11.35 | $0.42 | ||
| Q2 25 | $-6.88 | $0.12 | ||
| Q1 25 | $-4.91 | $-0.10 | ||
| Q4 24 | $-13.64 | $0.17 | ||
| Q3 24 | $-12.39 | $0.03 | ||
| Q2 24 | $2.50 | $-0.11 | ||
| Q1 24 | $5.99 | $-0.09 |
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 | $403.4M |
| 总债务越低越好 | $2.5B | — |
| 股东权益账面价值 | $-626.4M | $962.3M |
| 总资产 | $2.8B | $1.3B |
| 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AHTRAMP
| Q4 25 | $66.1M | $403.4M | ||
| Q3 25 | $81.9M | $376.9M | ||
| Q2 25 | $100.0M | $371.1M | ||
| Q1 25 | $85.8M | $420.8M | ||
| Q4 24 | $112.9M | $384.3M | ||
| Q3 24 | $119.7M | $348.4M | ||
| Q2 24 | $121.8M | $342.7M | ||
| Q1 24 | $111.1M | $368.9M |
总债务AHTRAMP
| 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AHTRAMP
| Q4 25 | $-626.4M | $962.3M | ||
| Q3 25 | $-548.7M | $943.8M | ||
| Q2 25 | $-485.5M | $947.8M | ||
| Q1 25 | $-446.1M | $948.9M | ||
| Q4 24 | $-419.2M | $957.7M | ||
| Q3 24 | $-288.4M | $932.1M | ||
| Q2 24 | $-225.9M | $951.9M | ||
| Q1 24 | $-276.8M | $949.1M |
总资产AHTRAMP
| Q4 25 | $2.8B | $1.3B | ||
| Q3 25 | $3.0B | $1.2B | ||
| Q2 25 | $3.1B | $1.2B | ||
| Q1 25 | $3.1B | $1.3B | ||
| Q4 24 | $3.2B | $1.3B | ||
| Q3 24 | $3.3B | $1.2B | ||
| Q2 24 | $3.3B | $1.2B | ||
| Q1 24 | $3.5B | $1.2B |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $-86.8M | — |
| 自由现金流率自由现金流/营收 | -33.5% | — |
| 资本支出强度资本支出/营收 | 27.5% | 0.1% |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流AHTRAMP
| Q4 25 | $-15.7M | — | ||
| Q3 25 | $5.5M | $57.4M | ||
| Q2 25 | $16.3M | $-15.8M | ||
| Q1 25 | $-25.0M | — | ||
| Q4 24 | $-23.6M | $45.1M | ||
| Q3 24 | $795.0K | $55.6M | ||
| Q2 24 | $8.0M | $-9.3M | ||
| Q1 24 | $-46.5M | — |
自由现金流AHTRAMP
| Q4 25 | $-86.8M | — | ||
| Q3 25 | $-226.0K | $56.8M | ||
| Q2 25 | $-3.6M | $-16.2M | ||
| Q1 25 | $-44.8M | — | ||
| Q4 24 | $-131.6M | $44.8M | ||
| Q3 24 | $-21.8M | $55.4M | ||
| Q2 24 | $-22.9M | $-9.6M | ||
| Q1 24 | $-80.4M | — |
自由现金流率AHTRAMP
| Q4 25 | -33.5% | — | ||
| Q3 25 | -0.1% | 28.4% | ||
| Q2 25 | -1.2% | -8.3% | ||
| Q1 25 | -16.2% | — | ||
| Q4 24 | -47.8% | 22.9% | ||
| Q3 24 | -7.9% | 29.8% | ||
| Q2 24 | -7.2% | -5.4% | ||
| Q1 24 | -26.5% | — |
资本支出强度AHTRAMP
| Q4 25 | 27.5% | 0.1% | ||
| Q3 25 | 2.1% | 0.3% | ||
| Q2 25 | 6.6% | 0.2% | ||
| Q1 25 | 7.2% | 0.2% | ||
| Q4 24 | 39.2% | 0.1% | ||
| Q3 24 | 8.2% | 0.1% | ||
| Q2 24 | 9.8% | 0.1% | ||
| Q1 24 | 11.2% | 1.0% |
现金转化率AHTRAMP
| Q4 25 | — | — | ||
| Q3 25 | — | 2.09× | ||
| Q2 25 | — | -2.04× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.02× | ||
| Q3 24 | — | 32.10× | ||
| Q2 24 | 0.16× | — | ||
| 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% |
RAMP
暂无分部数据
