vs
Apple Hospitality REIT, Inc.（APLE）与BILL Holdings, Inc.（BILL）财务数据对比。点击上方公司名可切换其他公司
BILL Holdings, Inc.的季度营收约是Apple Hospitality REIT, Inc.的1.3倍（$414.7M vs $326.4M），Apple Hospitality REIT, Inc.净利率更高（9.1% vs -0.6%，领先9.7%），BILL Holdings, Inc.同比增速更快（14.4% vs -2.0%），过去两年BILL Holdings, Inc.的营收复合增速更高（13.3% vs -8.5%）
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。
BILL Holdings, Inc. 是总部位于美国加利福尼亚州圣何塞的企业，专注为美国小型企业提供自动化云原生财务运营软件。旗下Bill.com Connect是白标端到端支付自动化平台，可供金融机构接入其单点登录的线上企业银行生态中使用。
APLE vs BILL — 直观对比
营收规模更大
BILL
是对方的1.3倍
$326.4M
营收增速更快
BILL
高出16.4%
-2.0%
净利率更高
APLE
高出9.7%
-0.6%
两年增速更快
BILL
近两年复合增速
-8.5%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $326.4M | $414.7M |
| 净利润 | $29.6M | $-2.6M |
| 毛利率 | — | 79.8% |
| 营业利润率 | 15.2% | -4.4% |
| 净利率 | 9.1% | -0.6% |
| 营收同比 | -2.0% | 14.4% |
| 净利润同比 | 82.5% | -107.7% |
| 每股收益（稀释后） | $0.13 | $-0.03 |
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APLEBILL
| Q1 26 | $326.4M | — | ||
| Q4 25 | $326.4M | $414.7M | ||
| Q3 25 | $373.9M | $395.7M | ||
| Q2 25 | $384.4M | $383.3M | ||
| Q1 25 | $327.7M | $358.2M | ||
| Q4 24 | $333.0M | $362.6M | ||
| Q3 24 | $378.8M | $358.4M | ||
| Q2 24 | $390.1M | $343.7M |
净利润APLEBILL
| Q1 26 | $29.6M | — | ||
| Q4 25 | $29.6M | $-2.6M | ||
| Q3 25 | $50.9M | $-3.0M | ||
| Q2 25 | $63.6M | $-7.1M | ||
| Q1 25 | $31.2M | $-11.6M | ||
| Q4 24 | $29.8M | $33.5M | ||
| Q3 24 | $56.3M | $8.9M | ||
| Q2 24 | $73.9M | $7.6M |
毛利率APLEBILL
| Q1 26 | — | — | ||
| Q4 25 | 37.2% | 79.8% | ||
| Q3 25 | 40.6% | 80.5% | ||
| Q2 25 | 42.6% | 80.8% | ||
| Q1 25 | 39.0% | 81.2% | ||
| Q4 24 | 38.6% | 81.6% | ||
| Q3 24 | 41.9% | 82.0% | ||
| Q2 24 | 44.6% | 81.0% |
营业利润率APLEBILL
| Q1 26 | 15.2% | — | ||
| Q4 25 | 15.2% | -4.4% | ||
| Q3 25 | 19.4% | -5.2% | ||
| Q2 25 | 22.1% | -5.8% | ||
| Q1 25 | 15.5% | -8.1% | ||
| Q4 24 | 15.0% | -6.0% | ||
| Q3 24 | 20.5% | -2.1% | ||
| Q2 24 | 24.0% | -6.5% |
净利率APLEBILL
| Q1 26 | 9.1% | — | ||
| Q4 25 | 9.1% | -0.6% | ||
| Q3 25 | 13.6% | -0.7% | ||
| Q2 25 | 16.6% | -1.8% | ||
| Q1 25 | 9.5% | -3.2% | ||
| Q4 24 | 9.0% | 9.3% | ||
| Q3 24 | 14.9% | 2.5% | ||
| Q2 24 | 19.0% | 2.2% |
每股收益（稀释后）APLEBILL
| Q1 26 | $0.13 | — | ||
| Q4 25 | $0.13 | $-0.03 | ||
| Q3 25 | $0.21 | $-0.03 | ||
| Q2 25 | $0.27 | $0.02 | ||
| Q1 25 | $0.13 | $-0.11 | ||
| Q4 24 | $0.13 | $-0.06 | ||
| Q3 24 | $0.23 | $0.08 | ||
| Q2 24 | $0.31 | $0.37 |
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 | $1.1B |
| 总债务越低越好 | — | $1.8B |
| 股东权益账面价值 | $3.1B | $3.8B |
| 总资产 | $4.9B | $10.1B |
| 负债/权益比越低杠杆越低 | — | 0.48× |
8季度趋势，按日历期对齐
现金及短期投资APLEBILL
| Q1 26 | $8.5M | — | ||
| Q4 25 | $8.5M | $1.1B | ||
| Q3 25 | $50.3M | $1.1B | ||
| Q2 25 | $7.9M | $1.0B | ||
| Q1 25 | $14.9M | $1.0B | ||
| Q4 24 | $10.3M | $1.6B | ||
| Q3 24 | $6.1M | $853.5M | ||
| Q2 24 | $7.2M | $985.9M |
总债务APLEBILL
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $1.8B | ||
| Q3 25 | $1.5B | $1.9B | ||
| Q2 25 | $1.5B | $1.7B | ||
| Q1 25 | $1.5B | $1.7B | ||
| Q4 24 | $1.5B | $1.7B | ||
| Q3 24 | $1.5B | $914.8M | ||
| Q2 24 | $1.5B | $914.0M |
股东权益APLEBILL
| Q1 26 | $3.1B | — | ||
| Q4 25 | $3.1B | $3.8B | ||
| Q3 25 | $3.2B | $3.9B | ||
| Q2 25 | $3.2B | $3.9B | ||
| Q1 25 | $3.2B | $3.9B | ||
| Q4 24 | $3.3B | $3.8B | ||
| Q3 24 | $3.3B | $4.0B | ||
| Q2 24 | $3.3B | $4.1B |
总资产APLEBILL
| Q1 26 | $4.9B | — | ||
| Q4 25 | $4.9B | $10.1B | ||
| Q3 25 | $4.9B | $10.2B | ||
| Q2 25 | $4.9B | $10.1B | ||
| Q1 25 | $4.9B | $9.6B | ||
| Q4 24 | $5.0B | $9.7B | ||
| Q3 24 | $5.0B | $9.0B | ||
| Q2 24 | $5.1B | $9.2B |
负债/权益比APLEBILL
| Q1 26 | — | — | ||
| Q4 25 | 0.49× | 0.48× | ||
| Q3 25 | 0.47× | 0.48× | ||
| Q2 25 | 0.48× | 0.44× | ||
| Q1 25 | 0.48× | 0.43× | ||
| Q4 24 | 0.45× | 0.44× | ||
| Q3 24 | 0.46× | 0.23× | ||
| Q2 24 | 0.46× | 0.22× |
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 | — | $105.3M |
| 自由现金流经营现金流 - 资本支出 | — | $103.8M |
| 自由现金流率自由现金流/营收 | — | 25.0% |
| 资本支出强度资本支出/营收 | — | 0.4% |
| 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 | — | $378.8M |
8季度趋势，按日历期对齐
经营现金流APLEBILL
| Q1 26 | — | — | ||
| Q4 25 | $370.2M | $105.3M | ||
| Q3 25 | $126.4M | $96.9M | ||
| Q2 25 | $108.8M | $83.8M | ||
| Q1 25 | $49.1M | $99.5M | ||
| Q4 24 | $405.4M | $78.7M | ||
| Q3 24 | $128.2M | $88.6M | ||
| Q2 24 | $127.3M | $78.6M |
自由现金流APLEBILL
| Q1 26 | — | — | ||
| Q4 25 | $282.0M | $103.8M | ||
| Q3 25 | $109.0M | $95.6M | ||
| Q2 25 | $96.2M | $81.0M | ||
| Q1 25 | $29.5M | $98.4M | ||
| Q4 24 | $327.1M | $78.3M | ||
| Q3 24 | $113.1M | $88.6M | ||
| Q2 24 | $115.0M | $78.4M |
自由现金流率APLEBILL
| Q1 26 | — | — | ||
| Q4 25 | 86.4% | 25.0% | ||
| Q3 25 | 29.2% | 24.1% | ||
| Q2 25 | 25.0% | 21.1% | ||
| Q1 25 | 9.0% | 27.5% | ||
| Q4 24 | 98.2% | 21.6% | ||
| Q3 24 | 29.9% | 24.7% | ||
| Q2 24 | 29.5% | 22.8% |
资本支出强度APLEBILL
| Q1 26 | — | — | ||
| Q4 25 | 27.0% | 0.4% | ||
| Q3 25 | 4.7% | 0.3% | ||
| Q2 25 | 3.3% | 0.7% | ||
| Q1 25 | 6.0% | 0.3% | ||
| Q4 24 | 23.5% | 0.1% | ||
| Q3 24 | 4.0% | 0.0% | ||
| Q2 24 | 3.2% | 0.1% |
现金转化率APLEBILL
| Q1 26 | — | — | ||
| Q4 25 | 12.50× | — | ||
| Q3 25 | 2.49× | — | ||
| Q2 25 | 1.71× | — | ||
| Q1 25 | 1.57× | — | ||
| Q4 24 | 13.59× | 2.35× | ||
| Q3 24 | 2.28× | 9.94× | ||
| Q2 24 | 1.72× | 10.35× |
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
| Comparable Hotels Total Revenue | $319.2M | 98% |
| Other | $7.1M | 2% |
| RevPAR (Comparable Hotels) | $106.9K | 0% |
BILL
| Accounts Payable And Accounts Receivable Solutions | $185.9M | 45% |
| Spend And Expense Interchange Revenue | $166.5M | 40% |
| Interest On Funds Held For Customers | $39.5M | 10% |
| Embedded And Other Solutions | $22.8M | 5% |
