vs
Apple Hospitality REIT, Inc.（APLE）与Concentra Group Holdings Parent, Inc.（CON）财务数据对比。点击上方公司名可切换其他公司
Concentra Group Holdings Parent, Inc.的季度营收约是Apple Hospitality REIT, Inc.的1.7倍（$539.1M vs $326.4M），Apple Hospitality REIT, Inc.净利率更高（9.1% vs 6.4%，领先2.6%），Apple Hospitality REIT, Inc.自由现金流更多（$282.0M vs $98.5M）
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。
Concentra是美国的职业医疗服务商，1979年成立于得克萨斯州阿马里洛，总部位于得克萨斯州艾迪生。业务覆盖美国47个州，运营627家职业医疗中心和410个雇主驻地现场诊所，美国每7起职业伤害案例中就有1起由该机构提供诊疗服务。
APLE vs CON — 直观对比
营收规模更大
CON
是对方的1.7倍
$326.4M
净利率更高
APLE
高出2.6%
6.4%
自由现金流更多
APLE
多$183.5M
$98.5M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $326.4M | $539.1M |
| 净利润 | $29.6M | $34.7M |
| 毛利率 | 37.2% | — |
| 营业利润率 | 15.2% | 12.9% |
| 净利率 | 9.1% | 6.4% |
| 营收同比 | -2.0% | — |
| 净利润同比 | -0.7% | — |
| 每股收益（稀释后） | $0.13 | $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APLECON
| Q4 25 | $326.4M | $539.1M | ||
| Q3 25 | $373.9M | $572.8M | ||
| Q2 25 | $384.4M | $550.8M | ||
| Q1 25 | $327.7M | $500.8M | ||
| Q4 24 | $333.0M | — | ||
| Q3 24 | $378.8M | $489.6M | ||
| Q2 24 | $390.1M | $477.9M | ||
| Q1 24 | $329.5M | — |
净利润APLECON
| Q4 25 | $29.6M | $34.7M | ||
| Q3 25 | $50.9M | $48.3M | ||
| Q2 25 | $63.6M | $44.6M | ||
| Q1 25 | $31.2M | $38.9M | ||
| Q4 24 | $29.8M | — | ||
| Q3 24 | $56.3M | $44.3M | ||
| Q2 24 | $73.9M | $51.7M | ||
| Q1 24 | $54.0M | — |
毛利率APLECON
| Q4 25 | 37.2% | — | ||
| Q3 25 | 40.6% | — | ||
| Q2 25 | 42.6% | — | ||
| Q1 25 | 39.0% | — | ||
| Q4 24 | 38.6% | — | ||
| Q3 24 | 41.9% | — | ||
| Q2 24 | 44.6% | — | ||
| Q1 24 | 40.1% | — |
营业利润率APLECON
| Q4 25 | 15.2% | 12.9% | ||
| Q3 25 | 19.4% | 16.5% | ||
| Q2 25 | 22.1% | 16.3% | ||
| Q1 25 | 15.5% | 16.0% | ||
| Q4 24 | 15.0% | — | ||
| Q3 24 | 20.5% | 17.6% | ||
| Q2 24 | 24.0% | 17.6% | ||
| Q1 24 | 21.7% | — |
净利率APLECON
| Q4 25 | 9.1% | 6.4% | ||
| Q3 25 | 13.6% | 8.4% | ||
| Q2 25 | 16.6% | 8.1% | ||
| Q1 25 | 9.5% | 7.8% | ||
| Q4 24 | 9.0% | — | ||
| Q3 24 | 14.9% | 9.1% | ||
| Q2 24 | 19.0% | 10.8% | ||
| Q1 24 | 16.4% | — |
每股收益（稀释后）APLECON
| Q4 25 | $0.13 | $0.27 | ||
| Q3 25 | $0.21 | $0.38 | ||
| Q2 25 | $0.27 | $0.35 | ||
| Q1 25 | $0.13 | $0.30 | ||
| Q4 24 | $0.13 | — | ||
| Q3 24 | $0.23 | $0.37 | ||
| Q2 24 | $0.31 | $0.50 | ||
| Q1 24 | $0.22 | — |
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 | $79.9M |
| 总债务越低越好 | $1.5B | $1.6B |
| 股东权益账面价值 | $3.1B | $393.3M |
| 总资产 | $4.9B | $2.9B |
| 负债/权益比越低杠杆越低 | 0.49× | 3.98× |
8季度趋势，按日历期对齐
现金及短期投资APLECON
| Q4 25 | $8.5M | $79.9M | ||
| Q3 25 | $50.3M | $49.9M | ||
| Q2 25 | $7.9M | $73.9M | ||
| Q1 25 | $14.9M | $52.1M | ||
| Q4 24 | $10.3M | — | ||
| Q3 24 | $6.1M | $136.8M | ||
| Q2 24 | $7.2M | $50.7M | ||
| Q1 24 | $4.9M | — |
总债务APLECON
| Q4 25 | $1.5B | $1.6B | ||
| Q3 25 | $1.5B | $1.6B | ||
| Q2 25 | $1.5B | $1.7B | ||
| Q1 25 | $1.5B | $1.6B | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.5B | $1.5B | ||
| Q2 24 | $1.5B | $3.0M | ||
| Q1 24 | $1.5B | — |
股东权益APLECON
| Q4 25 | $3.1B | $393.3M | ||
| Q3 25 | $3.2B | $385.5M | ||
| Q2 25 | $3.2B | $342.6M | ||
| Q1 25 | $3.2B | $307.1M | ||
| Q4 24 | $3.3B | — | ||
| Q3 24 | $3.3B | $277.8M | ||
| Q2 24 | $3.3B | $1.2B | ||
| Q1 24 | $3.3B | — |
总资产APLECON
| Q4 25 | $4.9B | $2.9B | ||
| Q3 25 | $4.9B | $2.8B | ||
| Q2 25 | $4.9B | $2.8B | ||
| Q1 25 | $4.9B | $2.7B | ||
| Q4 24 | $5.0B | — | ||
| Q3 24 | $5.0B | $2.5B | ||
| Q2 24 | $5.1B | $2.4B | ||
| Q1 24 | $5.0B | — |
负债/权益比APLECON
| Q4 25 | 0.49× | 3.98× | ||
| Q3 25 | 0.47× | 4.15× | ||
| Q2 25 | 0.48× | 4.82× | ||
| Q1 25 | 0.48× | 5.27× | ||
| Q4 24 | 0.45× | — | ||
| Q3 24 | 0.46× | 5.30× | ||
| Q2 24 | 0.46× | 0.00× | ||
| 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 | $118.7M |
| 自由现金流经营现金流 - 资本支出 | $282.0M | $98.5M |
| 自由现金流率自由现金流/营收 | 86.4% | 18.3% |
| 资本支出强度资本支出/营收 | 27.0% | 3.7% |
| 现金转化率经营现金流/净利润 | 12.50× | 3.42× |
| 过去12个月自由现金流最近4个季度 | $516.8M | $197.1M |
8季度趋势，按日历期对齐
经营现金流APLECON
| Q4 25 | $370.2M | $118.7M | ||
| Q3 25 | $126.4M | $60.6M | ||
| Q2 25 | $108.8M | $88.4M | ||
| Q1 25 | $49.1M | $11.7M | ||
| Q4 24 | $405.4M | — | ||
| Q3 24 | $128.2M | $65.9M | ||
| Q2 24 | $127.3M | — | ||
| Q1 24 | $54.7M | — |
自由现金流APLECON
| Q4 25 | $282.0M | $98.5M | ||
| Q3 25 | $109.0M | $39.4M | ||
| Q2 25 | $96.2M | $63.2M | ||
| Q1 25 | $29.5M | $-4.0M | ||
| Q4 24 | $327.1M | — | ||
| Q3 24 | $113.1M | $50.8M | ||
| Q2 24 | $115.0M | — | ||
| Q1 24 | $34.4M | — |
自由现金流率APLECON
| Q4 25 | 86.4% | 18.3% | ||
| Q3 25 | 29.2% | 6.9% | ||
| Q2 25 | 25.0% | 11.5% | ||
| Q1 25 | 9.0% | -0.8% | ||
| Q4 24 | 98.2% | — | ||
| Q3 24 | 29.9% | 10.4% | ||
| Q2 24 | 29.5% | — | ||
| Q1 24 | 10.4% | — |
资本支出强度APLECON
| Q4 25 | 27.0% | 3.7% | ||
| Q3 25 | 4.7% | 3.7% | ||
| Q2 25 | 3.3% | 4.6% | ||
| Q1 25 | 6.0% | 3.1% | ||
| Q4 24 | 23.5% | — | ||
| Q3 24 | 4.0% | 3.1% | ||
| Q2 24 | 3.2% | — | ||
| Q1 24 | 6.2% | — |
现金转化率APLECON
| Q4 25 | 12.50× | 3.42× | ||
| Q3 25 | 2.49× | 1.26× | ||
| Q2 25 | 1.71× | 1.98× | ||
| Q1 25 | 1.57× | 0.30× | ||
| Q4 24 | 13.59× | — | ||
| Q3 24 | 2.28× | 1.49× | ||
| 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% |
CON
| Occupational Health Center Workers Compensation | $328.5M | 61% |
| Occupational Health Center Employer Services | $151.9M | 28% |
| Onsite Health Clinics | $36.2M | 7% |
| Other Businesses | $12.3M | 2% |
| Occupational Health Center Consumer Health | $8.1M | 2% |
| Occupational Health Center Other | $2.1M | 0% |
