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ASHFORD HOSPITALITY TRUST INC（AHT）与Revolve Group, Inc.（RVLV）财务数据对比。点击上方公司名可切换其他公司
Revolve Group, Inc.的季度营收约是ASHFORD HOSPITALITY TRUST INC的1.3倍（$324.4M vs $259.0M），Revolve Group, Inc.净利率更高（5.7% vs -26.8%，领先32.5%），Revolve Group, Inc.同比增速更快（10.4% vs -6.0%），Revolve Group, Inc.自由现金流更多（$-13.3M vs $-86.8M），过去两年Revolve Group, Inc.的营收复合增速更高（9.5% 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。
Revolve Theatre Company是总部位于英国泰晤士河畔亨利的剧团，专注于创作演出政治题材和莎士比亚系列戏剧作品，由奥利弗·登奇、乔·莫里斯与汤姆·史密斯共同创立运营。
AHT vs RVLV — 直观对比
营收规模更大
RVLV
是对方的1.3倍
$259.0M
营收增速更快
RVLV
高出16.4%
-6.0%
净利率更高
RVLV
高出32.5%
-26.8%
自由现金流更多
RVLV
多$73.5M
$-86.8M
两年增速更快
RVLV
近两年复合增速
-7.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $259.0M | $324.4M |
| 净利润 | $-69.3M | $18.6M |
| 毛利率 | — | 53.3% |
| 营业利润率 | -2.6% | 6.3% |
| 净利率 | -26.8% | 5.7% |
| 营收同比 | -6.0% | 10.4% |
| 净利润同比 | 44.2% | 50.4% |
| 每股收益（稀释后） | $-12.85 | $0.27 |
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AHTRVLV
| Q4 25 | $259.0M | $324.4M | ||
| Q3 25 | $266.1M | $295.6M | ||
| Q2 25 | $302.0M | $309.0M | ||
| Q1 25 | $277.4M | $296.7M | ||
| Q4 24 | $275.5M | $293.7M | ||
| Q3 24 | $276.6M | $283.1M | ||
| Q2 24 | $316.5M | $282.5M | ||
| Q1 24 | $303.9M | $270.6M |
净利润AHTRVLV
| Q4 25 | $-69.3M | $18.6M | ||
| Q3 25 | $-60.1M | $21.2M | ||
| Q2 25 | $-30.4M | $10.2M | ||
| Q1 25 | $-20.0M | $11.8M | ||
| Q4 24 | $-124.2M | $12.3M | ||
| Q3 24 | $-57.9M | $11.0M | ||
| Q2 24 | $50.3M | $15.4M | ||
| Q1 24 | $71.6M | $10.9M |
毛利率AHTRVLV
| Q4 25 | — | 53.3% | ||
| Q3 25 | — | 54.6% | ||
| Q2 25 | — | 54.1% | ||
| Q1 25 | — | 52.0% | ||
| Q4 24 | — | 52.5% | ||
| Q3 24 | — | 51.2% | ||
| Q2 24 | — | 54.0% | ||
| Q1 24 | — | 52.3% |
营业利润率AHTRVLV
| Q4 25 | -2.6% | 6.3% | ||
| Q3 25 | 4.6% | 7.1% | ||
| Q2 25 | 16.3% | 5.8% | ||
| Q1 25 | 22.2% | 5.0% | ||
| Q4 24 | -17.8% | 3.9% | ||
| Q3 24 | 7.3% | 5.0% | ||
| Q2 24 | 42.8% | 5.8% | ||
| Q1 24 | 50.2% | 3.4% |
净利率AHTRVLV
| Q4 25 | -26.8% | 5.7% | ||
| Q3 25 | -22.6% | 7.2% | ||
| Q2 25 | -10.1% | 3.3% | ||
| Q1 25 | -7.2% | 4.0% | ||
| Q4 24 | -45.1% | 4.2% | ||
| Q3 24 | -20.9% | 3.9% | ||
| Q2 24 | 15.9% | 5.4% | ||
| Q1 24 | 23.5% | 4.0% |
每股收益（稀释后）AHTRVLV
| Q4 25 | $-12.85 | $0.27 | ||
| Q3 25 | $-11.35 | $0.29 | ||
| Q2 25 | $-6.88 | $0.14 | ||
| Q1 25 | $-4.91 | $0.16 | ||
| Q4 24 | $-13.64 | $0.18 | ||
| Q3 24 | $-12.39 | $0.15 | ||
| Q2 24 | $2.50 | $0.21 | ||
| Q1 24 | $5.99 | $0.15 |
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 | $292.3M |
| 总债务越低越好 | $2.5B | — |
| 股东权益账面价值 | $-626.4M | $512.5M |
| 总资产 | $2.8B | $765.0M |
| 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AHTRVLV
| Q4 25 | $66.1M | $292.3M | ||
| Q3 25 | $81.9M | $315.4M | ||
| Q2 25 | $100.0M | $310.7M | ||
| Q1 25 | $85.8M | $300.8M | ||
| Q4 24 | $112.9M | $256.6M | ||
| Q3 24 | $119.7M | $252.8M | ||
| Q2 24 | $121.8M | $244.7M | ||
| Q1 24 | $111.1M | $273.4M |
总债务AHTRVLV
| 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AHTRVLV
| Q4 25 | $-626.4M | $512.5M | ||
| Q3 25 | $-548.7M | $490.2M | ||
| Q2 25 | $-485.5M | $468.6M | ||
| Q1 25 | $-446.1M | $453.4M | ||
| Q4 24 | $-419.2M | $437.8M | ||
| Q3 24 | $-288.4M | $420.8M | ||
| Q2 24 | $-225.9M | $405.8M | ||
| Q1 24 | $-276.8M | $389.9M |
总资产AHTRVLV
| Q4 25 | $2.8B | $765.0M | ||
| Q3 25 | $3.0B | $751.3M | ||
| Q2 25 | $3.1B | $722.9M | ||
| Q1 25 | $3.1B | $713.9M | ||
| Q4 24 | $3.2B | $665.5M | ||
| Q3 24 | $3.3B | $670.9M | ||
| Q2 24 | $3.3B | $657.8M | ||
| Q1 24 | $3.5B | $650.0M |
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 | $-10.2M |
| 自由现金流经营现金流 - 资本支出 | $-86.8M | $-13.3M |
| 自由现金流率自由现金流/营收 | -33.5% | -4.1% |
| 资本支出强度资本支出/营收 | 27.5% | 1.0% |
| 现金转化率经营现金流/净利润 | — | -0.55× |
| 过去12个月自由现金流最近4个季度 | $-135.5M | $48.0M |
8季度趋势，按日历期对齐
经营现金流AHTRVLV
| Q4 25 | $-15.7M | $-10.2M | ||
| Q3 25 | $5.5M | $11.8M | ||
| Q2 25 | $16.3M | $12.6M | ||
| Q1 25 | $-25.0M | $45.1M | ||
| Q4 24 | $-23.6M | $3.9M | ||
| Q3 24 | $795.0K | $9.1M | ||
| Q2 24 | $8.0M | $-24.7M | ||
| Q1 24 | $-46.5M | $38.4M |
自由现金流AHTRVLV
| Q4 25 | $-86.8M | $-13.3M | ||
| Q3 25 | $-226.0K | $7.5M | ||
| Q2 25 | $-3.6M | $10.4M | ||
| Q1 25 | $-44.8M | $43.4M | ||
| Q4 24 | $-131.6M | $2.1M | ||
| Q3 24 | $-21.8M | $8.0M | ||
| Q2 24 | $-22.9M | $-25.7M | ||
| Q1 24 | $-80.4M | $36.7M |
自由现金流率AHTRVLV
| Q4 25 | -33.5% | -4.1% | ||
| Q3 25 | -0.1% | 2.5% | ||
| Q2 25 | -1.2% | 3.4% | ||
| Q1 25 | -16.2% | 14.6% | ||
| Q4 24 | -47.8% | 0.7% | ||
| Q3 24 | -7.9% | 2.8% | ||
| Q2 24 | -7.2% | -9.1% | ||
| Q1 24 | -26.5% | 13.5% |
资本支出强度AHTRVLV
| Q4 25 | 27.5% | 1.0% | ||
| Q3 25 | 2.1% | 1.5% | ||
| Q2 25 | 6.6% | 0.7% | ||
| Q1 25 | 7.2% | 0.6% | ||
| Q4 24 | 39.2% | 0.6% | ||
| Q3 24 | 8.2% | 0.4% | ||
| Q2 24 | 9.8% | 0.4% | ||
| Q1 24 | 11.2% | 0.6% |
现金转化率AHTRVLV
| Q4 25 | — | -0.55× | ||
| Q3 25 | — | 0.56× | ||
| Q2 25 | — | 1.24× | ||
| Q1 25 | — | 3.82× | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | — | 0.83× | ||
| Q2 24 | 0.16× | -1.60× | ||
| Q1 24 | -0.65× | 3.53× |
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% |
RVLV
| Fashion Apparel | $155.1M | 48% |
| Dresses | $76.4M | 24% |
| Handbags Shoes And Accessories | $67.6M | 21% |
| Beauty | $20.3M | 6% |
| Manufactured Product Other | $5.0M | 2% |
| Breakage On Store Credit And Gift Cards | $900.0K | 0% |
