vs
Apple Hospitality REIT, Inc.（APLE）与Penumbra Inc（PEN）财务数据对比。点击上方公司名可切换其他公司
Penumbra Inc的季度营收约是Apple Hospitality REIT, Inc.的1.1倍（$385.4M vs $337.7M），Penumbra Inc净利率更高（12.3% vs 8.2%，领先4.1%），Penumbra Inc同比增速更快（22.1% vs 3.1%），过去两年Penumbra Inc的营收复合增速更高（17.6% 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。
Penumbra Inc是2004年由Arani Bose与Adam Elsesser联合创立的美国医疗器械企业，总部位于加利福尼亚州阿拉米达，核心业务为研发、生产中风、动脉瘤等血管疾病介入治疗所用的专业医疗设备，产品已在全球多个国家的临床诊疗场景中投入使用。
APLE vs PEN — 直观对比
营收规模更大
PEN
是对方的1.1倍
$337.7M
营收增速更快
PEN
高出19.1%
3.1%
净利率更高
PEN
高出4.1%
8.2%
两年增速更快
PEN
近两年复合增速
-6.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $337.7M | $385.4M |
| 净利润 | $27.7M | $47.3M |
| 毛利率 | — | 68.0% |
| 营业利润率 | 14.2% | 15.4% |
| 净利率 | 8.2% | 12.3% |
| 营收同比 | 3.1% | 22.1% |
| 净利润同比 | 12.7% | 40.6% |
| 每股收益（稀释后） | $0.12 | $1.20 |
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APLEPEN
| Q1 26 | $337.7M | — | ||
| Q4 25 | $326.4M | $385.4M | ||
| Q3 25 | $373.9M | $354.7M | ||
| Q2 25 | $384.4M | $339.5M | ||
| Q1 25 | $327.7M | $324.1M | ||
| Q4 24 | $333.0M | $315.5M | ||
| Q3 24 | $378.8M | $301.0M | ||
| Q2 24 | $390.1M | $299.4M |
净利润APLEPEN
| Q1 26 | $27.7M | — | ||
| Q4 25 | $29.6M | $47.3M | ||
| Q3 25 | $50.9M | $45.9M | ||
| Q2 25 | $63.6M | $45.3M | ||
| Q1 25 | $31.2M | $39.2M | ||
| Q4 24 | $29.8M | $33.7M | ||
| Q3 24 | $56.3M | $29.5M | ||
| Q2 24 | $73.9M | $-60.2M |
毛利率APLEPEN
| Q1 26 | — | — | ||
| Q4 25 | 37.2% | 68.0% | ||
| Q3 25 | 40.6% | 67.8% | ||
| Q2 25 | 42.6% | 66.0% | ||
| Q1 25 | 39.0% | 66.6% | ||
| Q4 24 | 38.6% | 66.8% | ||
| Q3 24 | 41.9% | 66.5% | ||
| Q2 24 | 44.6% | 54.4% |
营业利润率APLEPEN
| Q1 26 | 14.2% | — | ||
| Q4 25 | 15.2% | 15.4% | ||
| Q3 25 | 19.4% | 13.8% | ||
| Q2 25 | 22.1% | 12.0% | ||
| Q1 25 | 15.5% | 12.4% | ||
| Q4 24 | 15.0% | 13.6% | ||
| Q3 24 | 20.5% | 11.7% | ||
| Q2 24 | 24.0% | -27.0% |
净利率APLEPEN
| Q1 26 | 8.2% | — | ||
| Q4 25 | 9.1% | 12.3% | ||
| Q3 25 | 13.6% | 12.9% | ||
| Q2 25 | 16.6% | 13.3% | ||
| Q1 25 | 9.5% | 12.1% | ||
| Q4 24 | 9.0% | 10.7% | ||
| Q3 24 | 14.9% | 9.8% | ||
| Q2 24 | 19.0% | -20.1% |
每股收益（稀释后）APLEPEN
| Q1 26 | $0.12 | — | ||
| Q4 25 | $0.13 | $1.20 | ||
| Q3 25 | $0.21 | $1.17 | ||
| Q2 25 | $0.27 | $1.15 | ||
| Q1 25 | $0.13 | $1.00 | ||
| Q4 24 | $0.13 | $0.88 | ||
| Q3 24 | $0.23 | $0.75 | ||
| Q2 24 | $0.31 | $-1.55 |
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 | $186.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.1B | $1.4B |
| 总资产 | $4.9B | $1.8B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资APLEPEN
| Q1 26 | $7.8M | — | ||
| Q4 25 | $8.5M | $186.9M | ||
| Q3 25 | $50.3M | $321.0M | ||
| Q2 25 | $7.9M | $421.8M | ||
| Q1 25 | $14.9M | $376.1M | ||
| Q4 24 | $10.3M | $324.4M | ||
| Q3 24 | $6.1M | $280.5M | ||
| Q2 24 | $7.2M | $288.3M |
总债务APLEPEN
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.5B | — |
股东权益APLEPEN
| Q1 26 | $3.1B | — | ||
| Q4 25 | $3.1B | $1.4B | ||
| Q3 25 | $3.2B | $1.4B | ||
| Q2 25 | $3.2B | $1.3B | ||
| Q1 25 | $3.2B | $1.2B | ||
| Q4 24 | $3.3B | $1.2B | ||
| Q3 24 | $3.3B | $1.1B | ||
| Q2 24 | $3.3B | $1.2B |
总资产APLEPEN
| Q1 26 | $4.9B | — | ||
| Q4 25 | $4.9B | $1.8B | ||
| Q3 25 | $4.9B | $1.7B | ||
| Q2 25 | $4.9B | $1.7B | ||
| Q1 25 | $4.9B | $1.6B | ||
| Q4 24 | $5.0B | $1.5B | ||
| Q3 24 | $5.0B | $1.5B | ||
| Q2 24 | $5.1B | $1.5B |
负债/权益比APLEPEN
| Q1 26 | — | — | ||
| Q4 25 | 0.49× | — | ||
| Q3 25 | 0.47× | — | ||
| Q2 25 | 0.48× | — | ||
| Q1 25 | 0.48× | — | ||
| Q4 24 | 0.45× | — | ||
| Q3 24 | 0.46× | — | ||
| Q2 24 | 0.46× | — |
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 | — | $86.5M |
| 自由现金流经营现金流 - 资本支出 | — | $68.0M |
| 自由现金流率自由现金流/营收 | — | 17.7% |
| 资本支出强度资本支出/营收 | — | 4.8% |
| 现金转化率经营现金流/净利润 | — | 1.83× |
| 过去12个月自由现金流最近4个季度 | — | $174.9M |
8季度趋势，按日历期对齐
经营现金流APLEPEN
| Q1 26 | — | — | ||
| Q4 25 | $370.2M | $86.5M | ||
| Q3 25 | $126.4M | $58.3M | ||
| Q2 25 | $108.8M | $44.9M | ||
| Q1 25 | $49.1M | $49.0M | ||
| Q4 24 | $405.4M | $51.1M | ||
| Q3 24 | $128.2M | $56.5M | ||
| Q2 24 | $127.3M | $22.6M |
自由现金流APLEPEN
| Q1 26 | — | — | ||
| Q4 25 | $282.0M | $68.0M | ||
| Q3 25 | $109.0M | $42.0M | ||
| Q2 25 | $96.2M | $29.4M | ||
| Q1 25 | $29.5M | $35.5M | ||
| Q4 24 | $327.1M | $45.7M | ||
| Q3 24 | $113.1M | $51.0M | ||
| Q2 24 | $115.0M | $18.1M |
自由现金流率APLEPEN
| Q1 26 | — | — | ||
| Q4 25 | 86.4% | 17.7% | ||
| Q3 25 | 29.2% | 11.8% | ||
| Q2 25 | 25.0% | 8.7% | ||
| Q1 25 | 9.0% | 11.0% | ||
| Q4 24 | 98.2% | 14.5% | ||
| Q3 24 | 29.9% | 16.9% | ||
| Q2 24 | 29.5% | 6.0% |
资本支出强度APLEPEN
| Q1 26 | — | — | ||
| Q4 25 | 27.0% | 4.8% | ||
| Q3 25 | 4.7% | 4.6% | ||
| Q2 25 | 3.3% | 4.6% | ||
| Q1 25 | 6.0% | 4.2% | ||
| Q4 24 | 23.5% | 1.7% | ||
| Q3 24 | 4.0% | 1.8% | ||
| Q2 24 | 3.2% | 1.5% |
现金转化率APLEPEN
| Q1 26 | — | — | ||
| Q4 25 | 12.50× | 1.83× | ||
| Q3 25 | 2.49× | 1.27× | ||
| Q2 25 | 1.71× | 0.99× | ||
| Q1 25 | 1.57× | 1.25× | ||
| Q4 24 | 13.59× | 1.52× | ||
| Q3 24 | 2.28× | 1.91× | ||
| Q2 24 | 1.72× | — |
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% |
PEN
| Thrombectomy | $254.7M | 66% |
| Other | $130.7M | 34% |
