vs
Apple Hospitality REIT, Inc.（APLE）与ONESPAWORLD HOLDINGS Ltd（OSW）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ONESPAWORLD HOLDINGS Ltd的1.3倍（$326.4M vs $242.1M），Apple Hospitality REIT, Inc.净利率更高（9.1% vs 5.0%，领先4.1%），ONESPAWORLD HOLDINGS Ltd同比增速更快（11.5% vs -2.0%），Apple Hospitality REIT, Inc.自由现金流更多（$282.0M vs $14.9M），过去两年ONESPAWORLD HOLDINGS Ltd的营收复合增速更高（7.1% 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。
APLE vs OSW — 直观对比
营收规模更大
APLE
是对方的1.3倍
$242.1M
营收增速更快
OSW
高出13.5%
-2.0%
净利率更高
APLE
高出4.1%
5.0%
自由现金流更多
APLE
多$267.1M
$14.9M
两年增速更快
OSW
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $326.4M | $242.1M |
| 净利润 | $29.6M | $12.1M |
| 毛利率 | 37.2% | — |
| 营业利润率 | 15.2% | 6.8% |
| 净利率 | 9.1% | 5.0% |
| 营收同比 | -2.0% | 11.5% |
| 净利润同比 | -0.7% | -16.2% |
| 每股收益（稀释后） | $0.13 | $0.12 |
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APLEOSW
| Q4 25 | $326.4M | $242.1M | ||
| Q3 25 | $373.9M | $258.5M | ||
| Q2 25 | $384.4M | $240.7M | ||
| Q1 25 | $327.7M | $219.6M | ||
| Q4 24 | $333.0M | $217.2M | ||
| Q3 24 | $378.8M | $241.7M | ||
| Q2 24 | $390.1M | $224.9M | ||
| Q1 24 | $329.5M | $211.2M |
净利润APLEOSW
| Q4 25 | $29.6M | $12.1M | ||
| Q3 25 | $50.9M | $24.3M | ||
| Q2 25 | $63.6M | $19.9M | ||
| Q1 25 | $31.2M | $15.3M | ||
| Q4 24 | $29.8M | $14.4M | ||
| Q3 24 | $56.3M | $21.6M | ||
| Q2 24 | $73.9M | $15.8M | ||
| Q1 24 | $54.0M | $21.2M |
毛利率APLEOSW
| 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APLEOSW
| Q4 25 | 15.2% | 6.8% | ||
| Q3 25 | 19.4% | 10.2% | ||
| Q2 25 | 22.1% | 9.2% | ||
| Q1 25 | 15.5% | 7.7% | ||
| Q4 24 | 15.0% | 7.9% | ||
| Q3 24 | 20.5% | 10.3% | ||
| Q2 24 | 24.0% | 8.4% | ||
| Q1 24 | 21.7% | 8.0% |
净利率APLEOSW
| Q4 25 | 9.1% | 5.0% | ||
| Q3 25 | 13.6% | 9.4% | ||
| Q2 25 | 16.6% | 8.3% | ||
| Q1 25 | 9.5% | 7.0% | ||
| Q4 24 | 9.0% | 6.6% | ||
| Q3 24 | 14.9% | 8.9% | ||
| Q2 24 | 19.0% | 7.0% | ||
| Q1 24 | 16.4% | 10.0% |
每股收益（稀释后）APLEOSW
| Q4 25 | $0.13 | $0.12 | ||
| Q3 25 | $0.21 | $0.23 | ||
| Q2 25 | $0.27 | $0.19 | ||
| Q1 25 | $0.13 | $0.15 | ||
| Q4 24 | $0.13 | $0.13 | ||
| Q3 24 | $0.23 | $0.20 | ||
| Q2 24 | $0.31 | $0.15 | ||
| Q1 24 | $0.22 | $0.21 |
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 | $16.3M |
| 总债务越低越好 | $1.5B | $84.0M |
| 股东权益账面价值 | $3.1B | $542.6M |
| 总资产 | $4.9B | $707.1M |
| 负债/权益比越低杠杆越低 | 0.49× | 0.15× |
8季度趋势，按日历期对齐
现金及短期投资APLEOSW
| Q4 25 | $8.5M | $16.3M | ||
| Q3 25 | $50.3M | $29.6M | ||
| Q2 25 | $7.9M | $35.0M | ||
| Q1 25 | $14.9M | $22.6M | ||
| Q4 24 | $10.3M | $57.4M | ||
| Q3 24 | $6.1M | $48.8M | ||
| Q2 24 | $7.2M | $62.5M | ||
| Q1 24 | $4.9M | $65.4M |
总债务APLEOSW
| Q4 25 | $1.5B | $84.0M | ||
| Q3 25 | $1.5B | $85.2M | ||
| Q2 25 | $1.5B | $96.2M | ||
| Q1 25 | $1.5B | $97.4M | ||
| Q4 24 | $1.5B | $98.6M | ||
| Q3 24 | $1.5B | $98.7M | ||
| Q2 24 | $1.5B | $123.8M | ||
| Q1 24 | $1.5B | $138.6M |
股东权益APLEOSW
| Q4 25 | $3.1B | $542.6M | ||
| Q3 25 | $3.2B | $552.8M | ||
| Q2 25 | $3.2B | $548.3M | ||
| Q1 25 | $3.2B | $530.6M | ||
| Q4 24 | $3.3B | $554.5M | ||
| Q3 24 | $3.3B | $540.1M | ||
| Q2 24 | $3.3B | $532.7M | ||
| Q1 24 | $3.3B | $515.5M |
总资产APLEOSW
| Q4 25 | $4.9B | $707.1M | ||
| Q3 25 | $4.9B | $732.6M | ||
| Q2 25 | $4.9B | $731.8M | ||
| Q1 25 | $4.9B | $708.7M | ||
| Q4 24 | $5.0B | $746.4M | ||
| Q3 24 | $5.0B | $734.0M | ||
| Q2 24 | $5.1B | $756.8M | ||
| Q1 24 | $5.0B | $763.6M |
负债/权益比APLEOSW
| Q4 25 | 0.49× | 0.15× | ||
| Q3 25 | 0.47× | 0.15× | ||
| Q2 25 | 0.48× | 0.18× | ||
| Q1 25 | 0.48× | 0.18× | ||
| Q4 24 | 0.45× | 0.18× | ||
| Q3 24 | 0.46× | 0.18× | ||
| Q2 24 | 0.46× | 0.23× | ||
| Q1 24 | 0.45× | 0.27× |
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 | $20.0M |
| 自由现金流经营现金流 - 资本支出 | $282.0M | $14.9M |
| 自由现金流率自由现金流/营收 | 86.4% | 6.2% |
| 资本支出强度资本支出/营收 | 27.0% | 2.1% |
| 现金转化率经营现金流/净利润 | 12.50× | 1.65× |
| 过去12个月自由现金流最近4个季度 | $516.8M | $68.4M |
8季度趋势，按日历期对齐
经营现金流APLEOSW
| Q4 25 | $370.2M | $20.0M | ||
| Q3 25 | $126.4M | $33.2M | ||
| Q2 25 | $108.8M | $20.3M | ||
| Q1 25 | $49.1M | $10.1M | ||
| Q4 24 | $405.4M | $16.6M | ||
| Q3 24 | $128.2M | $28.6M | ||
| Q2 24 | $127.3M | $18.7M | ||
| Q1 24 | $54.7M | $15.0M |
自由现金流APLEOSW
| Q4 25 | $282.0M | $14.9M | ||
| Q3 25 | $109.0M | $27.6M | ||
| Q2 25 | $96.2M | $17.6M | ||
| Q1 25 | $29.5M | $8.4M | ||
| Q4 24 | $327.1M | $13.2M | ||
| Q3 24 | $113.1M | $27.5M | ||
| Q2 24 | $115.0M | $17.6M | ||
| Q1 24 | $34.4M | $13.7M |
自由现金流率APLEOSW
| Q4 25 | 86.4% | 6.2% | ||
| Q3 25 | 29.2% | 10.7% | ||
| Q2 25 | 25.0% | 7.3% | ||
| Q1 25 | 9.0% | 3.8% | ||
| Q4 24 | 98.2% | 6.1% | ||
| Q3 24 | 29.9% | 11.4% | ||
| Q2 24 | 29.5% | 7.8% | ||
| Q1 24 | 10.4% | 6.5% |
资本支出强度APLEOSW
| Q4 25 | 27.0% | 2.1% | ||
| Q3 25 | 4.7% | 2.2% | ||
| Q2 25 | 3.3% | 1.1% | ||
| Q1 25 | 6.0% | 0.8% | ||
| Q4 24 | 23.5% | 1.5% | ||
| Q3 24 | 4.0% | 0.5% | ||
| Q2 24 | 3.2% | 0.5% | ||
| Q1 24 | 6.2% | 0.6% |
现金转化率APLEOSW
| Q4 25 | 12.50× | 1.65× | ||
| Q3 25 | 2.49× | 1.36× | ||
| Q2 25 | 1.71× | 1.02× | ||
| Q1 25 | 1.57× | 0.66× | ||
| Q4 24 | 13.59× | 1.15× | ||
| Q3 24 | 2.28× | 1.33× | ||
| Q2 24 | 1.72× | 1.19× | ||
| Q1 24 | 1.01× | 0.71× |
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% |
OSW
| Services | $197.3M | 82% |
| Products | $44.8M | 18% |
