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ASHFORD HOSPITALITY TRUST INC（AHT）与Stitch Fix, Inc.（SFIX）财务数据对比。点击上方公司名可切换其他公司
Stitch Fix, Inc.的季度营收约是ASHFORD HOSPITALITY TRUST INC的1.3倍（$342.1M vs $259.0M），Stitch Fix, Inc.净利率更高（-1.9% vs -26.8%，领先24.9%），Stitch Fix, Inc.同比增速更快（7.3% vs -6.0%），Stitch Fix, Inc.自由现金流更多（$5.6M vs $-86.8M），过去两年Stitch Fix, Inc.的营收复合增速更高（1.8% 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。
Stitch Fix是美国的在线个人造型服务平台，依托推荐算法与数据科学技术，根据顾客的身形尺寸、预算和风格偏好推送个性化服饰单品。该公司创立于2011年，2017年完成首次公开募股，目前总部位于旧金山。
AHT vs SFIX — 直观对比
营收规模更大
SFIX
是对方的1.3倍
$259.0M
营收增速更快
SFIX
高出13.3%
-6.0%
净利率更高
SFIX
高出24.9%
-26.8%
自由现金流更多
SFIX
多$92.4M
$-86.8M
两年增速更快
SFIX
近两年复合增速
-7.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $259.0M | $342.1M |
| 净利润 | $-69.3M | $-6.4M |
| 毛利率 | — | 43.6% |
| 营业利润率 | -2.6% | -2.5% |
| 净利率 | -26.8% | -1.9% |
| 营收同比 | -6.0% | 7.3% |
| 净利润同比 | 44.2% | -1.7% |
| 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AHTSFIX
| Q4 25 | $259.0M | $342.1M | ||
| Q3 25 | $266.1M | $311.2M | ||
| Q2 25 | $302.0M | $325.0M | ||
| Q1 25 | $277.4M | $312.1M | ||
| Q4 24 | $275.5M | $318.8M | ||
| Q3 24 | $276.6M | $319.6M | ||
| Q2 24 | $316.5M | $322.7M | ||
| Q1 24 | $303.9M | $330.4M |
净利润AHTSFIX
| Q4 25 | $-69.3M | $-6.4M | ||
| Q3 25 | $-60.1M | $-8.6M | ||
| Q2 25 | $-30.4M | $-7.4M | ||
| Q1 25 | $-20.0M | $-6.5M | ||
| Q4 24 | $-124.2M | $-6.3M | ||
| Q3 24 | $-57.9M | $-36.5M | ||
| Q2 24 | $50.3M | $-21.3M | ||
| Q1 24 | $71.6M | $-35.5M |
毛利率AHTSFIX
| Q4 25 | — | 43.6% | ||
| Q3 25 | — | 43.6% | ||
| Q2 25 | — | 44.2% | ||
| Q1 25 | — | 44.5% | ||
| Q4 24 | — | 45.4% | ||
| Q3 24 | — | 44.6% | ||
| Q2 24 | — | 45.5% | ||
| Q1 24 | — | 43.4% |
营业利润率AHTSFIX
| Q4 25 | -2.6% | -2.5% | ||
| Q3 25 | 4.6% | -3.6% | ||
| Q2 25 | 16.3% | -3.0% | ||
| Q1 25 | 22.2% | -2.9% | ||
| Q4 24 | -17.8% | -2.8% | ||
| Q3 24 | 7.3% | -13.1% | ||
| Q2 24 | 42.8% | -7.7% | ||
| Q1 24 | 50.2% | -11.5% |
净利率AHTSFIX
| Q4 25 | -26.8% | -1.9% | ||
| Q3 25 | -22.6% | -2.8% | ||
| Q2 25 | -10.1% | -2.3% | ||
| Q1 25 | -7.2% | -2.1% | ||
| Q4 24 | -45.1% | -2.0% | ||
| Q3 24 | -20.9% | -11.4% | ||
| Q2 24 | 15.9% | -6.6% | ||
| Q1 24 | 23.5% | -10.8% |
每股收益（稀释后）AHTSFIX
| Q4 25 | $-12.85 | $-0.05 | ||
| Q3 25 | $-11.35 | $-0.06 | ||
| Q2 25 | $-6.88 | $-0.06 | ||
| Q1 25 | $-4.91 | $-0.05 | ||
| Q4 24 | $-13.64 | $-0.05 | ||
| Q3 24 | $-12.39 | $-0.29 | ||
| Q2 24 | $2.50 | $-0.18 | ||
| Q1 24 | $5.99 | $-0.30 |
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 | $244.2M |
| 总债务越低越好 | $2.5B | — |
| 股东权益账面价值 | $-626.4M | $204.1M |
| 总资产 | $2.8B | $530.7M |
| 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AHTSFIX
| Q4 25 | $66.1M | $244.2M | ||
| Q3 25 | $81.9M | $234.9M | ||
| Q2 25 | $100.0M | $234.2M | ||
| Q1 25 | $85.8M | $219.1M | ||
| Q4 24 | $112.9M | $253.3M | ||
| Q3 24 | $119.7M | $247.0M | ||
| Q2 24 | $121.8M | $244.5M | ||
| Q1 24 | $111.1M | $229.8M |
总债务AHTSFIX
| 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AHTSFIX
| Q4 25 | $-626.4M | $204.1M | ||
| Q3 25 | $-548.7M | $203.0M | ||
| Q2 25 | $-485.5M | $200.4M | ||
| Q1 25 | $-446.1M | $197.8M | ||
| Q4 24 | $-419.2M | $190.5M | ||
| Q3 24 | $-288.4M | $187.0M | ||
| Q2 24 | $-225.9M | $208.9M | ||
| Q1 24 | $-276.8M | $213.3M |
总资产AHTSFIX
| Q4 25 | $2.8B | $530.7M | ||
| Q3 25 | $3.0B | $480.6M | ||
| Q2 25 | $3.1B | $484.7M | ||
| Q1 25 | $3.1B | $472.6M | ||
| Q4 24 | $3.2B | $507.1M | ||
| Q3 24 | $3.3B | $486.9M | ||
| Q2 24 | $3.3B | $537.0M | ||
| Q1 24 | $3.5B | $538.3M |
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 | $10.9M |
| 自由现金流经营现金流 - 资本支出 | $-86.8M | $5.6M |
| 自由现金流率自由现金流/营收 | -33.5% | 1.6% |
| 资本支出强度资本支出/营收 | 27.5% | 1.6% |
| 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 | $4.9M |
8季度趋势，按日历期对齐
经营现金流AHTSFIX
| Q4 25 | $-15.7M | $10.9M | ||
| Q3 25 | $5.5M | $7.0M | ||
| Q2 25 | $16.3M | $20.5M | ||
| Q1 25 | $-25.0M | $-16.2M | ||
| Q4 24 | $-23.6M | $14.3M | ||
| Q3 24 | $795.0K | $8.2M | ||
| Q2 24 | $8.0M | $21.7M | ||
| Q1 24 | $-46.5M | $-22.3M |
自由现金流AHTSFIX
| Q4 25 | $-86.8M | $5.6M | ||
| Q3 25 | $-226.0K | $2.8M | ||
| Q2 25 | $-3.6M | $16.0M | ||
| Q1 25 | $-44.8M | $-19.4M | ||
| Q4 24 | $-131.6M | $9.9M | ||
| Q3 24 | $-21.8M | $4.5M | ||
| Q2 24 | $-22.9M | $18.9M | ||
| Q1 24 | $-80.4M | $-26.1M |
自由现金流率AHTSFIX
| Q4 25 | -33.5% | 1.6% | ||
| Q3 25 | -0.1% | 0.9% | ||
| Q2 25 | -1.2% | 4.9% | ||
| Q1 25 | -16.2% | -6.2% | ||
| Q4 24 | -47.8% | 3.1% | ||
| Q3 24 | -7.9% | 1.4% | ||
| Q2 24 | -7.2% | 5.9% | ||
| Q1 24 | -26.5% | -7.9% |
资本支出强度AHTSFIX
| Q4 25 | 27.5% | 1.6% | ||
| Q3 25 | 2.1% | 1.4% | ||
| Q2 25 | 6.6% | 1.4% | ||
| Q1 25 | 7.2% | 1.0% | ||
| Q4 24 | 39.2% | 1.4% | ||
| Q3 24 | 8.2% | 1.2% | ||
| Q2 24 | 9.8% | 0.9% | ||
| Q1 24 | 11.2% | 1.1% |
现金转化率AHTSFIX
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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% |
SFIX
暂无分部数据
