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Apple Hospitality REIT, Inc.（APLE）与百胜餐饮集团（LCUT）财务数据对比。点击上方公司名可切换其他公司
Apple Hospitality REIT, Inc.的季度营收约是百胜餐饮集团的1.6倍（$326.4M vs $204.1M），Apple Hospitality REIT, Inc.净利率更高（9.1% vs 8.9%，领先0.2%），Apple Hospitality REIT, Inc.同比增速更快（-2.0% vs -5.2%），Apple Hospitality REIT, Inc.自由现金流更多（$282.0M vs $2.6M），过去两年百胜餐饮集团的营收复合增速更高（19.8% 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。
百胜餐饮集团是美国跨国快餐企业，1977年百事可乐收购肯德基、必胜客、塔可Bell后将其整合为旗下子公司，1997年百事剥离该业务板块后正式独立为百胜集团。集团目前运营肯德基、必胜客、塔可Bell、哈比特汉堡等多个餐饮品牌，同时布局相关餐饮科技业务，门店网络遍布全球多个国家和地区。
APLE vs LCUT — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $326.4M | $204.1M |
| 净利润 | $29.6M | $18.2M |
| 毛利率 | 37.2% | 38.6% |
| 营业利润率 | 15.2% | 9.8% |
| 净利率 | 9.1% | 8.9% |
| 营收同比 | -2.0% | -5.2% |
| 净利润同比 | -0.7% | 103.5% |
| 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
| Q4 25 | $326.4M | $204.1M | ||
| Q3 25 | $373.9M | $171.9M | ||
| Q2 25 | $384.4M | $131.9M | ||
| Q1 25 | $327.7M | $140.1M | ||
| Q4 24 | $333.0M | $215.2M | ||
| Q3 24 | $378.8M | $183.8M | ||
| Q2 24 | $390.1M | $141.7M | ||
| Q1 24 | $329.5M | $142.2M |
| Q4 25 | $29.6M | $18.2M | ||
| Q3 25 | $50.9M | $-1.2M | ||
| Q2 25 | $63.6M | $-39.7M | ||
| Q1 25 | $31.2M | $-4.2M | ||
| Q4 24 | $29.8M | $8.9M | ||
| Q3 24 | $56.3M | $344.0K | ||
| Q2 24 | $73.9M | $-18.2M | ||
| Q1 24 | $54.0M | $-6.3M |
| Q4 25 | 37.2% | 38.6% | ||
| Q3 25 | 40.6% | 35.1% | ||
| Q2 25 | 42.6% | 38.6% | ||
| Q1 25 | 39.0% | 36.1% | ||
| Q4 24 | 38.6% | 37.7% | ||
| Q3 24 | 41.9% | 36.7% | ||
| Q2 24 | 44.6% | 38.5% | ||
| Q1 24 | 40.1% | 40.5% |
| Q4 25 | 15.2% | 9.8% | ||
| Q3 25 | 19.4% | 3.9% | ||
| Q2 25 | 22.1% | -28.2% | ||
| Q1 25 | 15.5% | 0.8% | ||
| Q4 24 | 15.0% | 7.2% | ||
| Q3 24 | 20.5% | 4.7% | ||
| Q2 24 | 24.0% | 0.8% | ||
| Q1 24 | 21.7% | 1.3% |
| Q4 25 | 9.1% | 8.9% | ||
| Q3 25 | 13.6% | -0.7% | ||
| Q2 25 | 16.6% | -30.1% | ||
| Q1 25 | 9.5% | -3.0% | ||
| Q4 24 | 9.0% | 4.1% | ||
| Q3 24 | 14.9% | 0.2% | ||
| Q2 24 | 19.0% | -12.8% | ||
| Q1 24 | 16.4% | -4.4% |
| Q4 25 | $0.13 | $0.83 | ||
| Q3 25 | $0.21 | $-0.05 | ||
| Q2 25 | $0.27 | $-1.83 | ||
| Q1 25 | $0.13 | $-0.19 | ||
| Q4 24 | $0.13 | $0.41 | ||
| Q3 24 | $0.23 | $0.02 | ||
| Q2 24 | $0.31 | $-0.85 | ||
| Q1 24 | $0.22 | $-0.29 |
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 | $4.3M |
| 总债务越低越好 | $1.5B | $135.0M |
| 股东权益账面价值 | $3.1B | $202.3M |
| 总资产 | $4.9B | $572.6M |
| 负债/权益比越低杠杆越低 | 0.49× | 0.67× |
8季度趋势，按日历期对齐
| Q4 25 | $8.5M | $4.3M | ||
| Q3 25 | $50.3M | $12.1M | ||
| Q2 25 | $7.9M | $12.0M | ||
| Q1 25 | $14.9M | $10.4M | ||
| Q4 24 | $10.3M | $2.9M | ||
| Q3 24 | $6.1M | $6.0M | ||
| Q2 24 | $7.2M | $3.4M | ||
| Q1 24 | $4.9M | $4.6M |
| Q4 25 | $1.5B | $135.0M | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | $142.5M | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.5B | — |
| Q4 25 | $3.1B | $202.3M | ||
| Q3 25 | $3.2B | $184.6M | ||
| Q2 25 | $3.2B | $185.8M | ||
| Q1 25 | $3.2B | $225.7M | ||
| Q4 24 | $3.3B | $229.9M | ||
| Q3 24 | $3.3B | $220.9M | ||
| Q2 24 | $3.3B | $219.8M | ||
| Q1 24 | $3.3B | $223.7M |
| Q4 25 | $4.9B | $572.6M | ||
| Q3 25 | $4.9B | $581.1M | ||
| Q2 25 | $4.9B | $551.9M | ||
| Q1 25 | $4.9B | $594.6M | ||
| Q4 24 | $5.0B | $634.3M | ||
| Q3 24 | $5.0B | $668.7M | ||
| Q2 24 | $5.1B | $617.0M | ||
| Q1 24 | $5.0B | $602.7M |
| Q4 25 | 0.49× | 0.67× | ||
| Q3 25 | 0.47× | — | ||
| Q2 25 | 0.48× | — | ||
| Q1 25 | 0.48× | — | ||
| Q4 24 | 0.45× | 0.62× | ||
| Q3 24 | 0.46× | — | ||
| Q2 24 | 0.46× | — | ||
| 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 | $3.7M |
| 自由现金流经营现金流 - 资本支出 | $282.0M | $2.6M |
| 自由现金流率自由现金流/营收 | 86.4% | 1.3% |
| 资本支出强度资本支出/营收 | 27.0% | 0.6% |
| 现金转化率经营现金流/净利润 | 12.50× | 0.21× |
| 过去12个月自由现金流最近4个季度 | $516.8M | $3.3M |
8季度趋势，按日历期对齐
| Q4 25 | $370.2M | $3.7M | ||
| Q3 25 | $126.4M | $-22.2M | ||
| Q2 25 | $108.8M | $9.3M | ||
| Q1 25 | $49.1M | $16.7M | ||
| Q4 24 | $405.4M | $20.3M | ||
| Q3 24 | $128.2M | $-22.7M | ||
| Q2 24 | $127.3M | $10.4M | ||
| Q1 24 | $54.7M | $10.5M |
| Q4 25 | $282.0M | $2.6M | ||
| Q3 25 | $109.0M | $-22.7M | ||
| Q2 25 | $96.2M | $8.2M | ||
| Q1 25 | $29.5M | $15.1M | ||
| Q4 24 | $327.1M | $19.7M | ||
| Q3 24 | $113.1M | $-23.2M | ||
| Q2 24 | $115.0M | $9.9M | ||
| Q1 24 | $34.4M | $9.9M |
| Q4 25 | 86.4% | 1.3% | ||
| Q3 25 | 29.2% | -13.2% | ||
| Q2 25 | 25.0% | 6.2% | ||
| Q1 25 | 9.0% | 10.8% | ||
| Q4 24 | 98.2% | 9.1% | ||
| Q3 24 | 29.9% | -12.6% | ||
| Q2 24 | 29.5% | 7.0% | ||
| Q1 24 | 10.4% | 7.0% |
| Q4 25 | 27.0% | 0.6% | ||
| Q3 25 | 4.7% | 0.3% | ||
| Q2 25 | 3.3% | 0.9% | ||
| Q1 25 | 6.0% | 1.1% | ||
| Q4 24 | 23.5% | 0.3% | ||
| Q3 24 | 4.0% | 0.3% | ||
| Q2 24 | 3.2% | 0.4% | ||
| Q1 24 | 6.2% | 0.4% |
| Q4 25 | 12.50× | 0.21× | ||
| Q3 25 | 2.49× | — | ||
| Q2 25 | 1.71× | — | ||
| Q1 25 | 1.57× | — | ||
| Q4 24 | 13.59× | 2.28× | ||
| Q3 24 | 2.28× | -65.89× | ||
| 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% |
LCUT
| Kitchenware | $114.3M | 56% |
| Tableware | $41.7M | 20% |
| Home Solutions | $29.4M | 14% |
| Other | $18.8M | 9% |
