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Apple Hospitality REIT, Inc.（APLE）与亚什兰（ASH）财务数据对比。点击上方公司名可切换其他公司
亚什兰的季度营收约是Apple Hospitality REIT, Inc.的1.2倍（$386.0M vs $326.4M），Apple Hospitality REIT, Inc.净利率更高（9.1% vs -3.1%，领先12.2%），Apple Hospitality REIT, Inc.同比增速更快（-2.0% vs -4.7%），Apple Hospitality REIT, Inc.自由现金流更多（$282.0M vs $111.0M），过去两年Apple Hospitality REIT, Inc.的营收复合增速更高（-0.5% vs -18.1%）
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。
亚什兰是一家总部位于美国特拉华州威尔明顿的化工企业，1924年始创于肯塔基州亚什兰市，最初以炼油业务起家，1994年迁至现总部。公司拥有多个业务板块，覆盖化工中间体与溶剂、复合材料、工业特种化学品、个人及家居护理、制药、食品饮料以及农业相关领域，2017年之前曾是胜牌润滑油的主要生产商。
APLE vs ASH — 直观对比
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $326.4M | $386.0M |
| 净利润 | $29.6M | $-12.0M |
| 毛利率 | 37.2% | 27.2% |
| 营业利润率 | 15.2% | -1.6% |
| 净利率 | 9.1% | -3.1% |
| 营收同比 | -2.0% | -4.7% |
| 净利润同比 | -0.7% | 92.7% |
| 每股收益（稀释后） | $0.13 | $-0.26 |
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 | $386.0M | ||
| Q3 25 | $373.9M | $477.0M | ||
| Q2 25 | $384.4M | $463.0M | ||
| Q1 25 | $327.7M | $479.0M | ||
| Q4 24 | $333.0M | $405.0M | ||
| Q3 24 | $378.8M | $521.0M | ||
| Q2 24 | $390.1M | $544.0M | ||
| Q1 24 | $329.5M | $575.0M |
| Q4 25 | $29.6M | $-12.0M | ||
| Q3 25 | $50.9M | $31.0M | ||
| Q2 25 | $63.6M | $-742.0M | ||
| Q1 25 | $31.2M | $31.0M | ||
| Q4 24 | $29.8M | $-165.0M | ||
| Q3 24 | $56.3M | $17.0M | ||
| Q2 24 | $73.9M | $6.0M | ||
| Q1 24 | $54.0M | $120.0M |
| Q4 25 | 37.2% | 27.2% | ||
| Q3 25 | 40.6% | 33.3% | ||
| Q2 25 | 42.6% | 28.5% | ||
| Q1 25 | 39.0% | 30.7% | ||
| Q4 24 | 38.6% | 27.4% | ||
| Q3 24 | 41.9% | 33.2% | ||
| Q2 24 | 44.6% | 34.2% | ||
| Q1 24 | 40.1% | 28.0% |
| Q4 25 | 15.2% | -1.6% | ||
| Q3 25 | 19.4% | 12.8% | ||
| Q2 25 | 22.1% | -152.9% | ||
| Q1 25 | 15.5% | 10.6% | ||
| Q4 24 | 15.0% | -44.2% | ||
| Q3 24 | 20.5% | 6.1% | ||
| Q2 24 | 24.0% | -11.2% | ||
| Q1 24 | 21.7% | 3.7% |
| Q4 25 | 9.1% | -3.1% | ||
| Q3 25 | 13.6% | 6.5% | ||
| Q2 25 | 16.6% | -160.3% | ||
| Q1 25 | 9.5% | 6.5% | ||
| Q4 24 | 9.0% | -40.7% | ||
| Q3 24 | 14.9% | 3.3% | ||
| Q2 24 | 19.0% | 1.1% | ||
| Q1 24 | 16.4% | 20.9% |
| Q4 25 | $0.13 | $-0.26 | ||
| Q3 25 | $0.21 | $0.83 | ||
| Q2 25 | $0.27 | $-16.21 | ||
| Q1 25 | $0.13 | $0.65 | ||
| Q4 24 | $0.13 | $-3.50 | ||
| Q3 24 | $0.23 | $0.34 | ||
| Q2 24 | $0.31 | $0.12 | ||
| Q1 24 | $0.22 | $2.39 |
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 | $304.0M |
| 总债务越低越好 | $1.5B | $1.4B |
| 股东权益账面价值 | $3.1B | $1.9B |
| 总资产 | $4.9B | $4.5B |
| 负债/权益比越低杠杆越低 | 0.49× | 0.74× |
8季度趋势，按日历期对齐
| Q4 25 | $8.5M | $304.0M | ||
| Q3 25 | $50.3M | $215.0M | ||
| Q2 25 | $7.9M | $207.0M | ||
| Q1 25 | $14.9M | $168.0M | ||
| Q4 24 | $10.3M | $219.0M | ||
| Q3 24 | $6.1M | $300.0M | ||
| Q2 24 | $7.2M | $399.0M | ||
| Q1 24 | $4.9M | $439.0M |
| Q4 25 | $1.5B | $1.4B | ||
| Q3 25 | $1.5B | $1.4B | ||
| Q2 25 | $1.5B | $1.4B | ||
| Q1 25 | $1.5B | $1.3B | ||
| Q4 24 | $1.5B | $1.3B | ||
| Q3 24 | $1.5B | $1.3B | ||
| Q2 24 | $1.5B | $1.3B | ||
| Q1 24 | $1.5B | $1.3B |
| Q4 25 | $3.1B | $1.9B | ||
| Q3 25 | $3.2B | $1.9B | ||
| Q2 25 | $3.2B | $1.9B | ||
| Q1 25 | $3.2B | $2.6B | ||
| Q4 24 | $3.3B | $2.6B | ||
| Q3 24 | $3.3B | $2.9B | ||
| Q2 24 | $3.3B | $3.0B | ||
| Q1 24 | $3.3B | $3.1B |
| Q4 25 | $4.9B | $4.5B | ||
| Q3 25 | $4.9B | $4.6B | ||
| Q2 25 | $4.9B | $4.6B | ||
| Q1 25 | $4.9B | $5.2B | ||
| Q4 24 | $5.0B | $5.2B | ||
| Q3 24 | $5.0B | $5.6B | ||
| Q2 24 | $5.1B | $5.7B | ||
| Q1 24 | $5.0B | $5.9B |
| Q4 25 | 0.49× | 0.74× | ||
| Q3 25 | 0.47× | 0.73× | ||
| Q2 25 | 0.48× | 0.73× | ||
| Q1 25 | 0.48× | 0.52× | ||
| Q4 24 | 0.45× | 0.51× | ||
| Q3 24 | 0.46× | 0.47× | ||
| Q2 24 | 0.46× | 0.45× | ||
| Q1 24 | 0.45× | 0.42× |
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 | $125.0M |
| 自由现金流经营现金流 - 资本支出 | $282.0M | $111.0M |
| 自由现金流率自由现金流/营收 | 86.4% | 28.8% |
| 资本支出强度资本支出/营收 | 27.0% | 3.6% |
| 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 | $200.0M |
8季度趋势，按日历期对齐
| Q4 25 | $370.2M | $125.0M | ||
| Q3 25 | $126.4M | $40.0M | ||
| Q2 25 | $108.8M | $115.0M | ||
| Q1 25 | $49.1M | $9.0M | ||
| Q4 24 | $405.4M | $-30.0M | ||
| Q3 24 | $128.2M | $80.0M | ||
| Q2 24 | $127.3M | $127.0M | ||
| Q1 24 | $54.7M | $54.0M |
| Q4 25 | $282.0M | $111.0M | ||
| Q3 25 | $109.0M | $6.0M | ||
| Q2 25 | $96.2M | $95.0M | ||
| Q1 25 | $29.5M | $-12.0M | ||
| Q4 24 | $327.1M | $-53.0M | ||
| Q3 24 | $113.1M | $42.0M | ||
| Q2 24 | $115.0M | $98.0M | ||
| Q1 24 | $34.4M | $20.0M |
| Q4 25 | 86.4% | 28.8% | ||
| Q3 25 | 29.2% | 1.3% | ||
| Q2 25 | 25.0% | 20.5% | ||
| Q1 25 | 9.0% | -2.5% | ||
| Q4 24 | 98.2% | -13.1% | ||
| Q3 24 | 29.9% | 8.1% | ||
| Q2 24 | 29.5% | 18.0% | ||
| Q1 24 | 10.4% | 3.5% |
| Q4 25 | 27.0% | 3.6% | ||
| Q3 25 | 4.7% | 7.1% | ||
| Q2 25 | 3.3% | 4.3% | ||
| Q1 25 | 6.0% | 4.4% | ||
| Q4 24 | 23.5% | 5.7% | ||
| Q3 24 | 4.0% | 7.3% | ||
| Q2 24 | 3.2% | 5.3% | ||
| Q1 24 | 6.2% | 5.9% |
| Q4 25 | 12.50× | — | ||
| Q3 25 | 2.49× | 1.29× | ||
| Q2 25 | 1.71× | — | ||
| Q1 25 | 1.57× | 0.29× | ||
| Q4 24 | 13.59× | — | ||
| Q3 24 | 2.28× | 4.71× | ||
| Q2 24 | 1.72× | 21.17× | ||
| Q1 24 | 1.01× | 0.45× |
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% |
ASH
| Personal Care And Household | $123.0M | 32% |
| Other | $120.0M | 31% |
| Specialty Additives | $36.0M | 9% |
| Intermediates And Solvents | $31.0M | 8% |
| Personal Care | $30.0M | 8% |
| Life Sciences | $27.0M | 7% |
| Intermediates | $19.0M | 5% |
