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ASHFORD HOSPITALITY TRUST INC（AHT）与Rapid7, Inc.（RPD）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Rapid7, Inc.的1.2倍（$259.0M vs $217.4M），Rapid7, Inc.净利率更高（1.4% vs -26.8%，领先28.2%），Rapid7, Inc.同比增速更快（0.5% vs -6.0%），Rapid7, Inc.自由现金流更多（$36.4M vs $-86.8M），过去两年Rapid7, Inc.的营收复合增速更高（3.0% 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。
Rapid7是全球领先的网络安全企业，提供漏洞管理、威胁检测与响应、云安全、安全分析等全系列安全解决方案，服务全球科技、医疗、金融、制造等行业的各类规模企业及公共部门客户，助力客户高效识别、应对和缓解网络安全风险。
AHT vs RPD — 直观对比
营收规模更大
AHT
是对方的1.2倍
$217.4M
营收增速更快
RPD
高出6.5%
-6.0%
净利率更高
RPD
高出28.2%
-26.8%
自由现金流更多
RPD
多$123.2M
$-86.8M
两年增速更快
RPD
近两年复合增速
-7.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $259.0M | $217.4M |
| 净利润 | $-69.3M | $3.1M |
| 毛利率 | — | 68.9% |
| 营业利润率 | -2.6% | 1.0% |
| 净利率 | -26.8% | 1.4% |
| 营收同比 | -6.0% | 0.5% |
| 净利润同比 | 44.2% | 44.1% |
| 每股收益（稀释后） | $-12.85 | $0.05 |
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AHTRPD
| Q4 25 | $259.0M | $217.4M | ||
| Q3 25 | $266.1M | $218.0M | ||
| Q2 25 | $302.0M | $214.2M | ||
| Q1 25 | $277.4M | $210.3M | ||
| Q4 24 | $275.5M | $216.3M | ||
| Q3 24 | $276.6M | $214.7M | ||
| Q2 24 | $316.5M | $208.0M | ||
| Q1 24 | $303.9M | $205.1M |
净利润AHTRPD
| Q4 25 | $-69.3M | $3.1M | ||
| Q3 25 | $-60.1M | $9.8M | ||
| Q2 25 | $-30.4M | $8.3M | ||
| Q1 25 | $-20.0M | $2.1M | ||
| Q4 24 | $-124.2M | $2.2M | ||
| Q3 24 | $-57.9M | $15.4M | ||
| Q2 24 | $50.3M | $6.5M | ||
| Q1 24 | $71.6M | $1.4M |
毛利率AHTRPD
| Q4 25 | — | 68.9% | ||
| Q3 25 | — | 70.2% | ||
| Q2 25 | — | 70.6% | ||
| Q1 25 | — | 71.7% | ||
| Q4 24 | — | 69.5% | ||
| Q3 24 | — | 70.6% | ||
| Q2 24 | — | 70.7% | ||
| Q1 24 | — | 70.3% |
营业利润率AHTRPD
| Q4 25 | -2.6% | 1.0% | ||
| Q3 25 | 4.6% | 2.7% | ||
| Q2 25 | 16.3% | 1.6% | ||
| Q1 25 | 22.2% | -0.0% | ||
| Q4 24 | -17.8% | 3.4% | ||
| Q3 24 | 7.3% | 6.0% | ||
| Q2 24 | 42.8% | 2.5% | ||
| Q1 24 | 50.2% | 4.7% |
净利率AHTRPD
| Q4 25 | -26.8% | 1.4% | ||
| Q3 25 | -22.6% | 4.5% | ||
| Q2 25 | -10.1% | 3.9% | ||
| Q1 25 | -7.2% | 1.0% | ||
| Q4 24 | -45.1% | 1.0% | ||
| Q3 24 | -20.9% | 7.2% | ||
| Q2 24 | 15.9% | 3.1% | ||
| Q1 24 | 23.5% | 0.7% |
每股收益（稀释后）AHTRPD
| Q4 25 | $-12.85 | $0.05 | ||
| Q3 25 | $-11.35 | $0.15 | ||
| Q2 25 | $-6.88 | $0.13 | ||
| Q1 25 | $-4.91 | $0.03 | ||
| Q4 24 | $-13.64 | $0.08 | ||
| Q3 24 | $-12.39 | $0.21 | ||
| Q2 24 | $2.50 | $0.09 | ||
| Q1 24 | $5.99 | $0.02 |
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 | $474.7M |
| 总债务越低越好 | $2.5B | — |
| 股东权益账面价值 | $-626.4M | $154.7M |
| 总资产 | $2.8B | $1.7B |
| 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AHTRPD
| Q4 25 | $66.1M | $474.7M | ||
| Q3 25 | $81.9M | $407.1M | ||
| Q2 25 | $100.0M | $511.7M | ||
| Q1 25 | $85.8M | $493.5M | ||
| Q4 24 | $112.9M | $521.7M | ||
| Q3 24 | $119.7M | $443.7M | ||
| Q2 24 | $121.8M | $442.6M | ||
| Q1 24 | $111.1M | $411.7M |
总债务AHTRPD
| 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AHTRPD
| Q4 25 | $-626.4M | $154.7M | ||
| Q3 25 | $-548.7M | $127.2M | ||
| Q2 25 | $-485.5M | $90.4M | ||
| Q1 25 | $-446.1M | $52.7M | ||
| Q4 24 | $-419.2M | $17.7M | ||
| Q3 24 | $-288.4M | $-5.1M | ||
| Q2 24 | $-225.9M | $-52.6M | ||
| Q1 24 | $-276.8M | $-86.4M |
总资产AHTRPD
| Q4 25 | $2.8B | $1.7B | ||
| Q3 25 | $3.0B | $1.7B | ||
| Q2 25 | $3.1B | $1.6B | ||
| Q1 25 | $3.1B | $1.6B | ||
| Q4 24 | $3.2B | $1.7B | ||
| Q3 24 | $3.3B | $1.6B | ||
| Q2 24 | $3.3B | $1.5B | ||
| Q1 24 | $3.5B | $1.5B |
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 | $37.6M |
| 自由现金流经营现金流 - 资本支出 | $-86.8M | $36.4M |
| 自由现金流率自由现金流/营收 | -33.5% | 16.8% |
| 资本支出强度资本支出/营收 | 27.5% | 0.5% |
| 现金转化率经营现金流/净利润 | — | 12.01× |
| 过去12个月自由现金流最近4个季度 | $-135.5M | $146.2M |
8季度趋势，按日历期对齐
经营现金流AHTRPD
| Q4 25 | $-15.7M | $37.6M | ||
| Q3 25 | $5.5M | $39.0M | ||
| Q2 25 | $16.3M | $47.5M | ||
| Q1 25 | $-25.0M | $29.8M | ||
| Q4 24 | $-23.6M | $63.8M | ||
| Q3 24 | $795.0K | $44.0M | ||
| Q2 24 | $8.0M | $32.9M | ||
| Q1 24 | $-46.5M | $31.1M |
自由现金流AHTRPD
| Q4 25 | $-86.8M | $36.4M | ||
| Q3 25 | $-226.0K | $34.8M | ||
| Q2 25 | $-3.6M | $46.6M | ||
| Q1 25 | $-44.8M | $28.4M | ||
| Q4 24 | $-131.6M | $62.6M | ||
| Q3 24 | $-21.8M | $42.6M | ||
| Q2 24 | $-22.9M | $32.6M | ||
| Q1 24 | $-80.4M | $30.4M |
自由现金流率AHTRPD
| Q4 25 | -33.5% | 16.8% | ||
| Q3 25 | -0.1% | 16.0% | ||
| Q2 25 | -1.2% | 21.8% | ||
| Q1 25 | -16.2% | 13.5% | ||
| Q4 24 | -47.8% | 28.9% | ||
| Q3 24 | -7.9% | 19.9% | ||
| Q2 24 | -7.2% | 15.7% | ||
| Q1 24 | -26.5% | 14.8% |
资本支出强度AHTRPD
| Q4 25 | 27.5% | 0.5% | ||
| Q3 25 | 2.1% | 1.9% | ||
| Q2 25 | 6.6% | 0.4% | ||
| Q1 25 | 7.2% | 0.6% | ||
| Q4 24 | 39.2% | 0.5% | ||
| Q3 24 | 8.2% | 0.6% | ||
| Q2 24 | 9.8% | 0.1% | ||
| Q1 24 | 11.2% | 0.3% |
现金转化率AHTRPD
| Q4 25 | — | 12.01× | ||
| Q3 25 | — | 3.97× | ||
| Q2 25 | — | 5.70× | ||
| Q1 25 | — | 14.14× | ||
| Q4 24 | — | 29.36× | ||
| Q3 24 | — | 2.85× | ||
| Q2 24 | 0.16× | 5.03× | ||
| Q1 24 | -0.65× | 22.10× |
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% |
RPD
| Products | $209.1M | 96% |
| Services | $8.2M | 4% |
