vs
Apple Hospitality REIT, Inc.（APLE）与Stride, Inc.（LRN）财务数据对比。点击上方公司名可切换其他公司
Stride, Inc.的季度营收约是Apple Hospitality REIT, Inc.的1.9倍（$629.9M vs $337.7M），Stride, Inc.净利率更高（14.1% vs 8.2%，领先5.9%），Apple Hospitality REIT, Inc.同比增速更快（3.1% vs 2.7%），过去两年Stride, Inc.的营收复合增速更高（6.9% vs -6.9%）
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。
Stride, Inc.是一家营利性教育机构，主营在线及混合式教育项目。作为教育管理机构，其为K12阶段公立学校学生提供替代传统线下教学的在线教育方案，同时也开设职业学习课程。截至2012年，这家上市企业是全球招生规模最大的教育管理机构。
APLE vs LRN — 直观对比
营收规模更大
LRN
是对方的1.9倍
$337.7M
营收增速更快
APLE
高出0.4%
2.7%
净利率更高
LRN
高出5.9%
8.2%
两年增速更快
LRN
近两年复合增速
-6.9%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $337.7M | $629.9M |
| 净利润 | $27.7M | $88.5M |
| 毛利率 | — | — |
| 营业利润率 | 14.2% | 20.5% |
| 净利率 | 8.2% | 14.1% |
| 营收同比 | 3.1% | 2.7% |
| 净利润同比 | 12.7% | 8.5% |
| 每股收益（稀释后） | $0.12 | $1.93 |
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APLELRN
| Q3 26 | — | $629.9M | ||
| Q1 26 | $337.7M | — | ||
| Q4 25 | $326.4M | $631.3M | ||
| Q3 25 | $373.9M | $620.9M | ||
| Q2 25 | $384.4M | $653.6M | ||
| Q1 25 | $327.7M | $613.4M | ||
| Q4 24 | $333.0M | $587.2M | ||
| Q3 24 | $378.8M | $551.1M |
净利润APLELRN
| Q3 26 | — | $88.5M | ||
| Q1 26 | $27.7M | — | ||
| Q4 25 | $29.6M | $99.5M | ||
| Q3 25 | $50.9M | $68.8M | ||
| Q2 25 | $63.6M | $51.3M | ||
| Q1 25 | $31.2M | $99.3M | ||
| Q4 24 | $29.8M | $96.4M | ||
| Q3 24 | $56.3M | $40.9M |
毛利率APLELRN
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 37.2% | 41.1% | ||
| Q3 25 | 40.6% | 39.0% | ||
| Q2 25 | 42.6% | 36.6% | ||
| Q1 25 | 39.0% | 40.6% | ||
| Q4 24 | 38.6% | 40.8% | ||
| Q3 24 | 41.9% | 39.2% |
营业利润率APLELRN
| Q3 26 | — | 20.5% | ||
| Q1 26 | 14.2% | — | ||
| Q4 25 | 15.2% | 23.3% | ||
| Q3 25 | 19.4% | 11.1% | ||
| Q2 25 | 22.1% | 8.7% | ||
| Q1 25 | 15.5% | 21.3% | ||
| Q4 24 | 15.0% | 21.3% | ||
| Q3 24 | 20.5% | 8.6% |
净利率APLELRN
| Q3 26 | — | 14.1% | ||
| Q1 26 | 8.2% | — | ||
| Q4 25 | 9.1% | 15.8% | ||
| Q3 25 | 13.6% | 11.1% | ||
| Q2 25 | 16.6% | 7.9% | ||
| Q1 25 | 9.5% | 16.2% | ||
| Q4 24 | 9.0% | 16.4% | ||
| Q3 24 | 14.9% | 7.4% |
每股收益（稀释后）APLELRN
| Q3 26 | — | $1.93 | ||
| Q1 26 | $0.12 | — | ||
| Q4 25 | $0.13 | $2.12 | ||
| Q3 25 | $0.21 | $1.40 | ||
| Q2 25 | $0.27 | $0.96 | ||
| Q1 25 | $0.13 | $2.02 | ||
| Q4 24 | $0.13 | $2.03 | ||
| Q3 24 | $0.23 | $0.94 |
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 | $7.8M | $614.0M |
| 总债务越低越好 | — | $417.6M |
| 股东权益账面价值 | $3.1B | $1.6B |
| 总资产 | $4.9B | $2.4B |
| 负债/权益比越低杠杆越低 | — | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资APLELRN
| Q3 26 | — | $614.0M | ||
| Q1 26 | $7.8M | — | ||
| Q4 25 | $8.5M | $625.7M | ||
| Q3 25 | $50.3M | $715.1M | ||
| Q2 25 | $7.9M | $985.3M | ||
| Q1 25 | $14.9M | $723.7M | ||
| Q4 24 | $10.3M | $717.5M | ||
| Q3 24 | $6.1M | $522.2M |
总债务APLELRN
| Q3 26 | — | $417.6M | ||
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $417.2M | ||
| Q3 25 | $1.5B | $416.8M | ||
| Q2 25 | $1.5B | $416.3M | ||
| Q1 25 | $1.5B | $415.9M | ||
| Q4 24 | $1.5B | $415.5M | ||
| Q3 24 | $1.5B | $415.1M |
股东权益APLELRN
| Q3 26 | — | $1.6B | ||
| Q1 26 | $3.1B | — | ||
| Q4 25 | $3.1B | $1.5B | ||
| Q3 25 | $3.2B | $1.5B | ||
| Q2 25 | $3.2B | $1.5B | ||
| Q1 25 | $3.2B | $1.4B | ||
| Q4 24 | $3.3B | $1.3B | ||
| Q3 24 | $3.3B | $1.2B |
总资产APLELRN
| Q3 26 | — | $2.4B | ||
| Q1 26 | $4.9B | — | ||
| Q4 25 | $4.9B | $2.3B | ||
| Q3 25 | $4.9B | $2.3B | ||
| Q2 25 | $4.9B | $2.3B | ||
| Q1 25 | $4.9B | $2.2B | ||
| Q4 24 | $5.0B | $2.1B | ||
| Q3 24 | $5.0B | $2.0B |
负债/权益比APLELRN
| Q3 26 | — | 0.25× | ||
| Q1 26 | — | — | ||
| Q4 25 | 0.49× | 0.27× | ||
| Q3 25 | 0.47× | 0.27× | ||
| Q2 25 | 0.48× | 0.28× | ||
| Q1 25 | 0.48× | 0.29× | ||
| Q4 24 | 0.45× | 0.32× | ||
| Q3 24 | 0.46× | 0.34× |
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 | — | $117.0M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 1.32× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流APLELRN
| Q3 26 | — | $117.0M | ||
| Q1 26 | — | — | ||
| Q4 25 | $370.2M | $91.8M | ||
| Q3 25 | $126.4M | $-195.8M | ||
| Q2 25 | $108.8M | $298.3M | ||
| Q1 25 | $49.1M | $53.1M | ||
| Q4 24 | $405.4M | $223.4M | ||
| Q3 24 | $128.2M | $-142.0M |
自由现金流APLELRN
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $282.0M | $91.6M | ||
| Q3 25 | $109.0M | $-196.1M | ||
| Q2 25 | $96.2M | $297.9M | ||
| Q1 25 | $29.5M | $52.9M | ||
| Q4 24 | $327.1M | $222.9M | ||
| Q3 24 | $113.1M | $-142.7M |
自由现金流率APLELRN
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 86.4% | 14.5% | ||
| Q3 25 | 29.2% | -31.6% | ||
| Q2 25 | 25.0% | 45.6% | ||
| Q1 25 | 9.0% | 8.6% | ||
| Q4 24 | 98.2% | 38.0% | ||
| Q3 24 | 29.9% | -25.9% |
资本支出强度APLELRN
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 27.0% | 0.0% | ||
| Q3 25 | 4.7% | 0.0% | ||
| Q2 25 | 3.3% | 0.1% | ||
| Q1 25 | 6.0% | 0.0% | ||
| Q4 24 | 23.5% | 0.1% | ||
| Q3 24 | 4.0% | 0.1% |
现金转化率APLELRN
| Q3 26 | — | 1.32× | ||
| Q1 26 | — | — | ||
| Q4 25 | 12.50× | 0.92× | ||
| Q3 25 | 2.49× | -2.85× | ||
| Q2 25 | 1.71× | 5.81× | ||
| Q1 25 | 1.57× | 0.53× | ||
| Q4 24 | 13.59× | 2.32× | ||
| Q3 24 | 2.28× | -3.47× |
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 | $336.9M | 100% |
| RevPAR (Comparable Hotels) | $114.6K | 0% |
LRN
| General Education | $357.5M | 57% |
| Middle - High School | $259.5M | 41% |
| Adult | $12.9M | 2% |
