vs
Apple Hospitality REIT, Inc.（APLE）与Ecovyst Inc.（ECVT）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Ecovyst Inc.的1.6倍（$326.4M vs $199.4M），Ecovyst Inc.同比增速更快（34.0% vs -2.0%），Apple Hospitality REIT, Inc.自由现金流更多（$282.0M vs $22.9M），过去两年Ecovyst Inc.的营收复合增速更高（18.7% 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。
Ecovyst Inc.是一家全球可持续特种材料供应商，主营高性能催化剂与功能性添加剂的研发、生产，产品服务覆盖工业制造、消费品、环保等核心领域，助力全球客户提升运营效率、降低碳排放。
APLE vs ECVT — 直观对比
营收规模更大
APLE
是对方的1.6倍
$199.4M
营收增速更快
ECVT
高出35.9%
-2.0%
自由现金流更多
APLE
多$259.1M
$22.9M
两年增速更快
ECVT
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $326.4M | $199.4M |
| 净利润 | $29.6M | — |
| 毛利率 | 37.2% | 23.4% |
| 营业利润率 | 15.2% | 10.9% |
| 净利率 | 9.1% | — |
| 营收同比 | -2.0% | 34.0% |
| 净利润同比 | -0.7% | — |
| 每股收益（稀释后） | $0.13 | $0.06 |
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APLEECVT
| Q4 25 | $326.4M | $199.4M | ||
| Q3 25 | $373.9M | $204.9M | ||
| Q2 25 | $384.4M | $176.1M | ||
| Q1 25 | $327.7M | $143.1M | ||
| Q4 24 | $333.0M | $148.9M | ||
| Q3 24 | $378.8M | $153.9M | ||
| Q2 24 | $390.1M | $154.0M | ||
| Q1 24 | $329.5M | $141.6M |
净利润APLEECVT
| Q4 25 | $29.6M | — | ||
| Q3 25 | $50.9M | $-79.3M | ||
| Q2 25 | $63.6M | $6.0M | ||
| Q1 25 | $31.2M | $-3.6M | ||
| Q4 24 | $29.8M | — | ||
| Q3 24 | $56.3M | $14.3M | ||
| Q2 24 | $73.9M | $8.3M | ||
| Q1 24 | $54.0M | $1.2M |
毛利率APLEECVT
| Q4 25 | 37.2% | 23.4% | ||
| Q3 25 | 40.6% | 25.4% | ||
| Q2 25 | 42.6% | 22.8% | ||
| Q1 25 | 39.0% | 13.3% | ||
| Q4 24 | 38.6% | 28.9% | ||
| Q3 24 | 41.9% | 29.3% | ||
| Q2 24 | 44.6% | 27.3% | ||
| Q1 24 | 40.1% | 23.5% |
营业利润率APLEECVT
| Q4 25 | 15.2% | 10.9% | ||
| Q3 25 | 19.4% | 13.8% | ||
| Q2 25 | 22.1% | 9.0% | ||
| Q1 25 | 15.5% | -0.7% | ||
| Q4 24 | 15.0% | 15.1% | ||
| Q3 24 | 20.5% | 17.9% | ||
| Q2 24 | 24.0% | 14.1% | ||
| Q1 24 | 21.7% | 9.5% |
净利率APLEECVT
| Q4 25 | 9.1% | — | ||
| Q3 25 | 13.6% | -38.7% | ||
| Q2 25 | 16.6% | 3.4% | ||
| Q1 25 | 9.5% | -2.5% | ||
| Q4 24 | 9.0% | — | ||
| Q3 24 | 14.9% | 9.3% | ||
| Q2 24 | 19.0% | 5.4% | ||
| Q1 24 | 16.4% | 0.9% |
每股收益（稀释后）APLEECVT
| Q4 25 | $0.13 | $0.06 | ||
| Q3 25 | $0.21 | $-0.69 | ||
| Q2 25 | $0.27 | $0.05 | ||
| Q1 25 | $0.13 | $-0.03 | ||
| Q4 24 | $0.13 | $-0.26 | ||
| Q3 24 | $0.23 | $0.12 | ||
| Q2 24 | $0.31 | $0.07 | ||
| Q1 24 | $0.22 | $0.01 |
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 | $197.2M |
| 总债务越低越好 | $1.5B | $392.6M |
| 股东权益账面价值 | $3.1B | $603.4M |
| 总资产 | $4.9B | $1.3B |
| 负债/权益比越低杠杆越低 | 0.49× | 0.65× |
8季度趋势，按日历期对齐
现金及短期投资APLEECVT
| Q4 25 | $8.5M | $197.2M | ||
| Q3 25 | $50.3M | $82.0M | ||
| Q2 25 | $7.9M | $69.6M | ||
| Q1 25 | $14.9M | $127.5M | ||
| Q4 24 | $10.3M | $131.4M | ||
| Q3 24 | $6.1M | $123.5M | ||
| Q2 24 | $7.2M | $83.3M | ||
| Q1 24 | $4.9M | $103.1M |
总债务APLEECVT
| Q4 25 | $1.5B | $392.6M | ||
| Q3 25 | $1.5B | $854.8M | ||
| Q2 25 | $1.5B | $856.6M | ||
| Q1 25 | $1.5B | $859.0M | ||
| Q4 24 | $1.5B | $860.8M | ||
| Q3 24 | $1.5B | $862.7M | ||
| Q2 24 | $1.5B | $862.4M | ||
| Q1 24 | $1.5B | $866.2M |
股东权益APLEECVT
| Q4 25 | $3.1B | $603.4M | ||
| Q3 25 | $3.2B | $607.9M | ||
| Q2 25 | $3.2B | $692.4M | ||
| Q1 25 | $3.2B | $698.7M | ||
| Q4 24 | $3.3B | $700.5M | ||
| Q3 24 | $3.3B | $729.4M | ||
| Q2 24 | $3.3B | $717.3M | ||
| Q1 24 | $3.3B | $711.4M |
总资产APLEECVT
| Q4 25 | $4.9B | $1.3B | ||
| Q3 25 | $4.9B | $1.7B | ||
| Q2 25 | $4.9B | $1.8B | ||
| Q1 25 | $4.9B | $1.8B | ||
| Q4 24 | $5.0B | $1.8B | ||
| Q3 24 | $5.0B | $1.8B | ||
| Q2 24 | $5.1B | $1.8B | ||
| Q1 24 | $5.0B | $1.8B |
负债/权益比APLEECVT
| Q4 25 | 0.49× | 0.65× | ||
| Q3 25 | 0.47× | 1.41× | ||
| Q2 25 | 0.48× | 1.24× | ||
| Q1 25 | 0.48× | 1.23× | ||
| Q4 24 | 0.45× | 1.23× | ||
| Q3 24 | 0.46× | 1.18× | ||
| Q2 24 | 0.46× | 1.20× | ||
| Q1 24 | 0.45× | 1.22× |
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 | $370.2M | $41.8M |
| 自由现金流经营现金流 - 资本支出 | $282.0M | $22.9M |
| 自由现金流率自由现金流/营收 | 86.4% | 11.5% |
| 资本支出强度资本支出/营收 | 27.0% | 9.4% |
| 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 | $69.9M |
8季度趋势，按日历期对齐
经营现金流APLEECVT
| Q4 25 | $370.2M | $41.8M | ||
| Q3 25 | $126.4M | $55.3M | ||
| Q2 25 | $108.8M | $33.0M | ||
| Q1 25 | $49.1M | $10.3M | ||
| Q4 24 | $405.4M | $43.5M | ||
| Q3 24 | $128.2M | $59.9M | ||
| Q2 24 | $127.3M | $10.0M | ||
| Q1 24 | $54.7M | $36.5M |
自由现金流APLEECVT
| Q4 25 | $282.0M | $22.9M | ||
| Q3 25 | $109.0M | $53.2M | ||
| Q2 25 | $96.2M | $7.8M | ||
| Q1 25 | $29.5M | $-14.0M | ||
| Q4 24 | $327.1M | $30.9M | ||
| Q3 24 | $113.1M | $53.6M | ||
| Q2 24 | $115.0M | $-9.3M | ||
| Q1 24 | $34.4M | $19.1M |
自由现金流率APLEECVT
| Q4 25 | 86.4% | 11.5% | ||
| Q3 25 | 29.2% | 26.0% | ||
| Q2 25 | 25.0% | 4.4% | ||
| Q1 25 | 9.0% | -9.8% | ||
| Q4 24 | 98.2% | 20.7% | ||
| Q3 24 | 29.9% | 34.9% | ||
| Q2 24 | 29.5% | -6.1% | ||
| Q1 24 | 10.4% | 13.5% |
资本支出强度APLEECVT
| Q4 25 | 27.0% | 9.4% | ||
| Q3 25 | 4.7% | 1.0% | ||
| Q2 25 | 3.3% | 14.4% | ||
| Q1 25 | 6.0% | 16.9% | ||
| Q4 24 | 23.5% | 8.5% | ||
| Q3 24 | 4.0% | 4.1% | ||
| Q2 24 | 3.2% | 12.5% | ||
| Q1 24 | 6.2% | 12.3% |
现金转化率APLEECVT
| Q4 25 | 12.50× | — | ||
| Q3 25 | 2.49× | — | ||
| Q2 25 | 1.71× | 5.52× | ||
| Q1 25 | 1.57× | — | ||
| Q4 24 | 13.59× | — | ||
| Q3 24 | 2.28× | 4.21× | ||
| Q2 24 | 1.72× | 1.20× | ||
| Q1 24 | 1.01× | 29.90× |
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% |
ECVT
| Industrial Mining Automotive | $101.3M | 51% |
| Regeneration And Treatment Services | $90.0M | 45% |
| Other | $8.1M | 4% |
