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Apple Hospitality REIT, Inc.（APLE）与Asana, Inc.（ASAN）财务数据对比。点击上方公司名可切换其他公司
Apple Hospitality REIT, Inc.的季度营收约是Asana, Inc.的1.6倍（$326.4M vs $201.0M），Apple Hospitality REIT, Inc.净利率更高（9.1% vs -34.0%，领先43.1%），Asana, Inc.同比增速更快（9.3% vs -2.0%），Apple Hospitality REIT, Inc.自由现金流更多（$282.0M vs $15.5M），过去两年Asana, Inc.的营收复合增速更高（8.4% vs -0.5%）
莱曼 hospitality properties是一家深耕酒店、度假村、娱乐及媒体领域的企业，得名于旗下核心资产——位于田纳西州纳什维尔的国家历史地标莱曼礼堂。公司历史可追溯至曾作为爱德华·盖洛德旗下俄克拉荷马出版公司子公司的时期，1983年收购WSM公司后，拿下大奥普里等知名IP，奠定了如今的业务发展基础。
Asana是一家总部位于美国旧金山的软件企业，由达斯汀·莫斯科维茨和贾斯汀·罗森斯坦于2008年创立，核心产品是同名工作管理平台，支持网页端与移动端使用，可帮助团队梳理、跟踪及统筹各类工作事项，2012年4月正式商业化推出，2020年9月直接上市，当时估值达55亿美元。
APLE vs ASAN — 直观对比
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $326.4M | $201.0M |
| 净利润 | $29.6M | $-68.4M |
| 毛利率 | 37.2% | 88.9% |
| 营业利润率 | 15.2% | -34.8% |
| 净利率 | 9.1% | -34.0% |
| 营收同比 | -2.0% | 9.3% |
| 净利润同比 | -0.7% | -19.4% |
| 每股收益（稀释后） | $0.13 | $-0.29 |
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
| Q4 25 | $326.4M | $201.0M | ||
| Q3 25 | $373.9M | $196.9M | ||
| Q2 25 | $384.4M | $187.3M | ||
| Q1 25 | $327.7M | $188.3M | ||
| Q4 24 | $333.0M | $183.9M | ||
| Q3 24 | $378.8M | $179.2M | ||
| Q2 24 | $390.1M | $172.4M | ||
| Q1 24 | $329.5M | $171.1M |
| Q4 25 | $29.6M | $-68.4M | ||
| Q3 25 | $50.9M | $-48.4M | ||
| Q2 25 | $63.6M | $-40.0M | ||
| Q1 25 | $31.2M | $-62.3M | ||
| Q4 24 | $29.8M | $-57.3M | ||
| Q3 24 | $56.3M | $-72.2M | ||
| Q2 24 | $73.9M | $-63.7M | ||
| Q1 24 | $54.0M | $-62.4M |
| Q4 25 | 37.2% | 88.9% | ||
| Q3 25 | 40.6% | 89.7% | ||
| Q2 25 | 42.6% | 89.7% | ||
| Q1 25 | 39.0% | 89.6% | ||
| Q4 24 | 38.6% | 89.2% | ||
| Q3 24 | 41.9% | 88.8% | ||
| Q2 24 | 44.6% | 89.7% | ||
| Q1 24 | 40.1% | 89.8% |
| Q4 25 | 15.2% | -34.8% | ||
| Q3 25 | 19.4% | -25.1% | ||
| Q2 25 | 22.1% | -23.4% | ||
| Q1 25 | 15.5% | -33.8% | ||
| Q4 24 | 15.0% | -32.7% | ||
| Q3 24 | 20.5% | -42.9% | ||
| Q2 24 | 24.0% | -38.4% | ||
| Q1 24 | 21.7% | -39.7% |
| Q4 25 | 9.1% | -34.0% | ||
| Q3 25 | 13.6% | -24.6% | ||
| Q2 25 | 16.6% | -21.4% | ||
| Q1 25 | 9.5% | -33.1% | ||
| Q4 24 | 9.0% | -31.2% | ||
| Q3 24 | 14.9% | -40.3% | ||
| Q2 24 | 19.0% | -37.0% | ||
| Q1 24 | 16.4% | -36.5% |
| Q4 25 | $0.13 | $-0.29 | ||
| Q3 25 | $0.21 | $-0.20 | ||
| Q2 25 | $0.27 | $-0.17 | ||
| Q1 25 | $0.13 | $-0.27 | ||
| Q4 24 | $0.13 | $-0.25 | ||
| Q3 24 | $0.23 | $-0.31 | ||
| Q2 24 | $0.31 | $-0.28 | ||
| Q1 24 | $0.22 | $-0.28 |
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 | $8.5M | $183.5M |
| 总债务越低越好 | $1.5B | — |
| 股东权益账面价值 | $3.1B | $188.4M |
| 总资产 | $4.9B | $840.4M |
| 负债/权益比越低杠杆越低 | 0.49× | — |
8季度趋势，按日历期对齐
| Q4 25 | $8.5M | $183.5M | ||
| Q3 25 | $50.3M | $184.1M | ||
| Q2 25 | $7.9M | $193.8M | ||
| Q1 25 | $14.9M | $184.7M | ||
| Q4 24 | $10.3M | $196.8M | ||
| Q3 24 | $6.1M | $219.4M | ||
| Q2 24 | $7.2M | $222.0M | ||
| Q1 24 | $4.9M | $236.7M |
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.5B | — |
| Q4 25 | $3.1B | $188.4M | ||
| Q3 25 | $3.2B | $224.6M | ||
| Q2 25 | $3.2B | $236.3M | ||
| Q1 25 | $3.2B | $227.5M | ||
| Q4 24 | $3.3B | $239.3M | ||
| Q3 24 | $3.3B | $291.9M | ||
| Q2 24 | $3.3B | $319.9M | ||
| Q1 24 | $3.3B | $326.4M |
| Q4 25 | $4.9B | $840.4M | ||
| Q3 25 | $4.9B | $883.2M | ||
| Q2 25 | $4.9B | $877.1M | ||
| Q1 25 | $4.9B | $891.4M | ||
| Q4 24 | $5.0B | $874.2M | ||
| Q3 24 | $5.0B | $945.4M | ||
| Q2 24 | $5.1B | $978.2M | ||
| Q1 24 | $5.0B | $962.0M |
| Q4 25 | 0.49× | — | ||
| Q3 25 | 0.47× | — | ||
| Q2 25 | 0.48× | — | ||
| Q1 25 | 0.48× | — | ||
| Q4 24 | 0.45× | — | ||
| Q3 24 | 0.46× | — | ||
| Q2 24 | 0.46× | — | ||
| Q1 24 | 0.45× | — |
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 | $370.2M | $16.2M |
| 自由现金流经营现金流 - 资本支出 | $282.0M | $15.5M |
| 自由现金流率自由现金流/营收 | 86.4% | 7.7% |
| 资本支出强度资本支出/营收 | 27.0% | 0.3% |
| 现金转化率经营现金流/净利润 | 12.50× | — |
| 过去12个月自由现金流最近4个季度 | $516.8M | $74.5M |
8季度趋势，按日历期对齐
| Q4 25 | $370.2M | $16.2M | ||
| Q3 25 | $126.4M | $39.8M | ||
| Q2 25 | $108.8M | $6.8M | ||
| Q1 25 | $49.1M | $15.9M | ||
| Q4 24 | $405.4M | $-14.9M | ||
| Q3 24 | $128.2M | $15.9M | ||
| Q2 24 | $127.3M | $-1.9M | ||
| Q1 24 | $54.7M | $-15.3M |
| Q4 25 | $282.0M | $15.5M | ||
| Q3 25 | $109.0M | $38.5M | ||
| Q2 25 | $96.2M | $6.1M | ||
| Q1 25 | $29.5M | $14.3M | ||
| Q4 24 | $327.1M | $-16.3M | ||
| Q3 24 | $113.1M | $14.2M | ||
| Q2 24 | $115.0M | $-2.9M | ||
| Q1 24 | $34.4M | $-15.8M |
| Q4 25 | 86.4% | 7.7% | ||
| Q3 25 | 29.2% | 19.6% | ||
| Q2 25 | 25.0% | 3.3% | ||
| Q1 25 | 9.0% | 7.6% | ||
| Q4 24 | 98.2% | -8.8% | ||
| Q3 24 | 29.9% | 7.9% | ||
| Q2 24 | 29.5% | -1.7% | ||
| Q1 24 | 10.4% | -9.3% |
| Q4 25 | 27.0% | 0.3% | ||
| Q3 25 | 4.7% | 0.7% | ||
| Q2 25 | 3.3% | 0.3% | ||
| Q1 25 | 6.0% | 0.8% | ||
| Q4 24 | 23.5% | 0.7% | ||
| Q3 24 | 4.0% | 0.9% | ||
| Q2 24 | 3.2% | 0.6% | ||
| Q1 24 | 6.2% | 0.3% |
| Q4 25 | 12.50× | — | ||
| Q3 25 | 2.49× | — | ||
| Q2 25 | 1.71× | — | ||
| Q1 25 | 1.57× | — | ||
| Q4 24 | 13.59× | — | ||
| Q3 24 | 2.28× | — | ||
| Q2 24 | 1.72× | — | ||
| Q1 24 | 1.01× | — |
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
APLE
| Occupancy | $293.0M | 90% |
| Hotel Other | $17.2M | 5% |
| Food And Beverage | $16.3M | 5% |
ASAN
| US | $118.5M | 59% |
| Non Us | $82.5M | 41% |
