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Apple Hospitality REIT, Inc.（APLE）与IBEX Ltd（IBEX）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IBEX Ltd的2.0倍（$326.4M vs $164.2M），Apple Hospitality REIT, Inc.净利率更高（9.1% vs 7.4%，领先1.6%），IBEX Ltd同比增速更快（16.7% vs -2.0%），Apple Hospitality REIT, Inc.自由现金流更多（$282.0M vs $-5.1M），过去两年IBEX Ltd的营收复合增速更高（13.8% 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。
IBEX 35是西班牙主要交易所马德里证券交易所的基准股票指数，该指数始创于1992年，由西班牙证券市场集团BME旗下的交易所公司负责计算与管理。它以市值加权编制，涵盖马德里证券交易所流动性最高的35只西班牙股票，每年进行两次成分股调整。
APLE vs IBEX — 直观对比
营收规模更大
APLE
是对方的2.0倍
$164.2M
营收增速更快
IBEX
高出18.7%
-2.0%
净利率更高
APLE
高出1.6%
7.4%
自由现金流更多
APLE
多$287.1M
$-5.1M
两年增速更快
IBEX
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $326.4M | $164.2M |
| 净利润 | $29.6M | $12.2M |
| 毛利率 | 37.2% | — |
| 营业利润率 | 15.2% | 9.3% |
| 净利率 | 9.1% | 7.4% |
| 营收同比 | -2.0% | 16.7% |
| 净利润同比 | -0.7% | 31.8% |
| 每股收益（稀释后） | $0.13 | $0.83 |
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APLEIBEX
| Q4 25 | $326.4M | $164.2M | ||
| Q3 25 | $373.9M | $151.2M | ||
| Q2 25 | $384.4M | $147.1M | ||
| Q1 25 | $327.7M | $140.7M | ||
| Q4 24 | $333.0M | $140.7M | ||
| Q3 24 | $378.8M | $129.7M | ||
| Q2 24 | $390.1M | $124.5M | ||
| Q1 24 | $329.5M | $126.8M |
净利润APLEIBEX
| Q4 25 | $29.6M | $12.2M | ||
| Q3 25 | $50.9M | $12.0M | ||
| Q2 25 | $63.6M | $9.6M | ||
| Q1 25 | $31.2M | $10.5M | ||
| Q4 24 | $29.8M | $9.3M | ||
| Q3 24 | $56.3M | $7.5M | ||
| Q2 24 | $73.9M | $9.8M | ||
| Q1 24 | $54.0M | $10.3M |
毛利率APLEIBEX
| 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APLEIBEX
| Q4 25 | 15.2% | 9.3% | ||
| Q3 25 | 19.4% | 9.1% | ||
| Q2 25 | 22.1% | 8.3% | ||
| Q1 25 | 15.5% | 9.5% | ||
| Q4 24 | 15.0% | 8.5% | ||
| Q3 24 | 20.5% | 7.0% | ||
| Q2 24 | 24.0% | 10.3% | ||
| Q1 24 | 21.7% | 8.9% |
净利率APLEIBEX
| Q4 25 | 9.1% | 7.4% | ||
| Q3 25 | 13.6% | 8.0% | ||
| Q2 25 | 16.6% | 6.5% | ||
| Q1 25 | 9.5% | 7.4% | ||
| Q4 24 | 9.0% | 6.6% | ||
| Q3 24 | 14.9% | 5.8% | ||
| Q2 24 | 19.0% | 7.9% | ||
| Q1 24 | 16.4% | 8.1% |
每股收益（稀释后）APLEIBEX
| Q4 25 | $0.13 | $0.83 | ||
| Q3 25 | $0.21 | $0.82 | ||
| Q2 25 | $0.27 | $0.63 | ||
| Q1 25 | $0.13 | $0.73 | ||
| Q4 24 | $0.13 | $0.57 | ||
| Q3 24 | $0.23 | $0.43 | ||
| Q2 24 | $0.31 | $0.55 | ||
| Q1 24 | $0.22 | $0.57 |
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 | $15.5M |
| 总债务越低越好 | $1.5B | $594.0K |
| 股东权益账面价值 | $3.1B | $154.5M |
| 总资产 | $4.9B | $295.8M |
| 负债/权益比越低杠杆越低 | 0.49× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资APLEIBEX
| Q4 25 | $8.5M | $15.5M | ||
| Q3 25 | $50.3M | $22.7M | ||
| Q2 25 | $7.9M | $15.3M | ||
| Q1 25 | $14.9M | $13.0M | ||
| Q4 24 | $10.3M | $20.2M | ||
| Q3 24 | $6.1M | $62.3M | ||
| Q2 24 | $7.2M | $62.7M | ||
| Q1 24 | $4.9M | $50.7M |
总债务APLEIBEX
| Q4 25 | $1.5B | $594.0K | ||
| Q3 25 | $1.5B | $726.0K | ||
| Q2 25 | $1.5B | $796.0K | ||
| Q1 25 | $1.5B | $735.0K | ||
| Q4 24 | $1.5B | $695.0K | ||
| Q3 24 | $1.5B | $802.0K | ||
| Q2 24 | $1.5B | $867.0K | ||
| Q1 24 | $1.5B | $820.0K |
股东权益APLEIBEX
| Q4 25 | $3.1B | $154.5M | ||
| Q3 25 | $3.2B | $143.6M | ||
| Q2 25 | $3.2B | $134.3M | ||
| Q1 25 | $3.2B | $124.2M | ||
| Q4 24 | $3.3B | $108.9M | ||
| Q3 24 | $3.3B | $171.1M | ||
| Q2 24 | $3.3B | $165.8M | ||
| Q1 24 | $3.3B | $159.3M |
总资产APLEIBEX
| Q4 25 | $4.9B | $295.8M | ||
| Q3 25 | $4.9B | $283.9M | ||
| Q2 25 | $4.9B | $273.2M | ||
| Q1 25 | $4.9B | $274.7M | ||
| Q4 24 | $5.0B | $272.5M | ||
| Q3 24 | $5.0B | $306.3M | ||
| Q2 24 | $5.1B | $293.9M | ||
| Q1 24 | $5.0B | $289.6M |
负债/权益比APLEIBEX
| Q4 25 | 0.49× | 0.00× | ||
| Q3 25 | 0.47× | 0.01× | ||
| Q2 25 | 0.48× | 0.01× | ||
| Q1 25 | 0.48× | 0.01× | ||
| Q4 24 | 0.45× | 0.01× | ||
| Q3 24 | 0.46× | 0.00× | ||
| Q2 24 | 0.46× | 0.01× | ||
| Q1 24 | 0.45× | 0.01× |
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 | $6.6M |
| 自由现金流经营现金流 - 资本支出 | $282.0M | $-5.1M |
| 自由现金流率自由现金流/营收 | 86.4% | -3.1% |
| 资本支出强度资本支出/营收 | 27.0% | 7.1% |
| 现金转化率经营现金流/净利润 | 12.50× | 0.54× |
| 过去12个月自由现金流最近4个季度 | $516.8M | $29.3M |
8季度趋势，按日历期对齐
经营现金流APLEIBEX
| Q4 25 | $370.2M | $6.6M | ||
| Q3 25 | $126.4M | $15.7M | ||
| Q2 25 | $108.8M | $27.9M | ||
| Q1 25 | $49.1M | $8.8M | ||
| Q4 24 | $405.4M | $1.1M | ||
| Q3 24 | $128.2M | $7.8M | ||
| Q2 24 | $127.3M | $17.4M | ||
| Q1 24 | $54.7M | $11.4M |
自由现金流APLEIBEX
| Q4 25 | $282.0M | $-5.1M | ||
| Q3 25 | $109.0M | $8.0M | ||
| Q2 25 | $96.2M | $22.8M | ||
| Q1 25 | $29.5M | $3.6M | ||
| Q4 24 | $327.1M | $-3.2M | ||
| Q3 24 | $113.1M | $4.1M | ||
| Q2 24 | $115.0M | $15.2M | ||
| Q1 24 | $34.4M | $9.7M |
自由现金流率APLEIBEX
| Q4 25 | 86.4% | -3.1% | ||
| Q3 25 | 29.2% | 5.3% | ||
| Q2 25 | 25.0% | 15.5% | ||
| Q1 25 | 9.0% | 2.5% | ||
| Q4 24 | 98.2% | -2.3% | ||
| Q3 24 | 29.9% | 3.2% | ||
| Q2 24 | 29.5% | 12.2% | ||
| Q1 24 | 10.4% | 7.7% |
资本支出强度APLEIBEX
| Q4 25 | 27.0% | 7.1% | ||
| Q3 25 | 4.7% | 5.1% | ||
| Q2 25 | 3.3% | 3.5% | ||
| Q1 25 | 6.0% | 3.7% | ||
| Q4 24 | 23.5% | 3.1% | ||
| Q3 24 | 4.0% | 2.8% | ||
| Q2 24 | 3.2% | 1.8% | ||
| Q1 24 | 6.2% | 1.3% |
现金转化率APLEIBEX
| Q4 25 | 12.50× | 0.54× | ||
| Q3 25 | 2.49× | 1.30× | ||
| Q2 25 | 1.71× | 2.91× | ||
| Q1 25 | 1.57× | 0.84× | ||
| Q4 24 | 13.59× | 0.12× | ||
| Q3 24 | 2.28× | 1.03× | ||
| Q2 24 | 1.72× | 1.77× | ||
| Q1 24 | 1.01× | 1.11× |
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% |
IBEX
| Transferred Over Time | $147.1M | 90% |
| Transferred At Point In Time | $17.1M | 10% |
