vs
Apple Hospitality REIT, Inc.（APLE）与EPLUS INC（PLUS）财务数据对比。点击上方公司名可切换其他公司
EPLUS INC的季度营收约是Apple Hospitality REIT, Inc.的1.9倍（$614.8M vs $326.4M），Apple Hospitality REIT, Inc.净利率更高（9.1% vs 5.7%，领先3.4%），EPLUS INC同比增速更快（20.3% vs -2.0%），过去两年EPLUS INC的营收复合增速更高（2.3% 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。
ePlus Inc.是美国的科技咨询解决方案提供商，业务覆盖网络安全、云计算、网络架构、协作办公、人工智能及前沿技术领域，为超5000家客户提供定制化解决方案、专业咨询与托管服务，助力企业实现数字化转型与技术升级。
APLE vs PLUS — 直观对比
营收规模更大
PLUS
是对方的1.9倍
$326.4M
营收增速更快
PLUS
高出22.3%
-2.0%
净利率更高
APLE
高出3.4%
5.7%
两年增速更快
PLUS
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $326.4M | $614.8M |
| 净利润 | $29.6M | $35.1M |
| 毛利率 | 37.2% | 25.8% |
| 营业利润率 | 15.2% | 7.1% |
| 净利率 | 9.1% | 5.7% |
| 营收同比 | -2.0% | 20.3% |
| 净利润同比 | -0.7% | 45.2% |
| 每股收益（稀释后） | $0.13 | $1.33 |
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APLEPLUS
| Q4 25 | $326.4M | $614.8M | ||
| Q3 25 | $373.9M | $608.8M | ||
| Q2 25 | $384.4M | $637.3M | ||
| Q1 25 | $327.7M | — | ||
| Q4 24 | $333.0M | $493.2M | ||
| Q3 24 | $378.8M | $493.4M | ||
| Q2 24 | $390.1M | $535.7M | ||
| Q1 24 | $329.5M | — |
净利润APLEPLUS
| Q4 25 | $29.6M | $35.1M | ||
| Q3 25 | $50.9M | $34.9M | ||
| Q2 25 | $63.6M | $37.7M | ||
| Q1 25 | $31.2M | — | ||
| Q4 24 | $29.8M | $24.1M | ||
| Q3 24 | $56.3M | $31.3M | ||
| Q2 24 | $73.9M | $27.3M | ||
| Q1 24 | $54.0M | — |
毛利率APLEPLUS
| Q4 25 | 37.2% | 25.8% | ||
| Q3 25 | 40.6% | 26.6% | ||
| Q2 25 | 42.6% | 23.3% | ||
| Q1 25 | 39.0% | — | ||
| Q4 24 | 38.6% | 25.4% | ||
| Q3 24 | 41.9% | 25.8% | ||
| Q2 24 | 44.6% | 23.7% | ||
| Q1 24 | 40.1% | — |
营业利润率APLEPLUS
| Q4 25 | 15.2% | 7.1% | ||
| Q3 25 | 19.4% | 8.0% | ||
| Q2 25 | 22.1% | 5.7% | ||
| Q1 25 | 15.5% | — | ||
| Q4 24 | 15.0% | 3.3% | ||
| Q3 24 | 20.5% | 5.5% | ||
| Q2 24 | 24.0% | 5.9% | ||
| Q1 24 | 21.7% | — |
净利率APLEPLUS
| Q4 25 | 9.1% | 5.7% | ||
| Q3 25 | 13.6% | 5.7% | ||
| Q2 25 | 16.6% | 5.9% | ||
| Q1 25 | 9.5% | — | ||
| Q4 24 | 9.0% | 4.9% | ||
| Q3 24 | 14.9% | 6.3% | ||
| Q2 24 | 19.0% | 5.1% | ||
| Q1 24 | 16.4% | — |
每股收益（稀释后）APLEPLUS
| Q4 25 | $0.13 | $1.33 | ||
| Q3 25 | $0.21 | $1.32 | ||
| Q2 25 | $0.27 | $1.43 | ||
| Q1 25 | $0.13 | — | ||
| Q4 24 | $0.13 | $0.91 | ||
| Q3 24 | $0.23 | $1.17 | ||
| Q2 24 | $0.31 | $1.02 | ||
| Q1 24 | $0.22 | — |
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 | $326.3M |
| 总债务越低越好 | $1.5B | — |
| 股东权益账面价值 | $3.1B | $1.1B |
| 总资产 | $4.9B | $1.8B |
| 负债/权益比越低杠杆越低 | 0.49× | — |
8季度趋势，按日历期对齐
现金及短期投资APLEPLUS
| Q4 25 | $8.5M | $326.3M | ||
| Q3 25 | $50.3M | $402.2M | ||
| Q2 25 | $7.9M | $480.2M | ||
| Q1 25 | $14.9M | — | ||
| Q4 24 | $10.3M | $253.1M | ||
| Q3 24 | $6.1M | $187.5M | ||
| Q2 24 | $7.2M | $349.9M | ||
| Q1 24 | $4.9M | — |
总债务APLEPLUS
| 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 | — | ||
| Q1 24 | $1.5B | — |
股东权益APLEPLUS
| Q4 25 | $3.1B | $1.1B | ||
| Q3 25 | $3.2B | $1.0B | ||
| Q2 25 | $3.2B | $1.0B | ||
| Q1 25 | $3.2B | — | ||
| Q4 24 | $3.3B | $962.3M | ||
| Q3 24 | $3.3B | $947.0M | ||
| Q2 24 | $3.3B | $921.9M | ||
| Q1 24 | $3.3B | — |
总资产APLEPLUS
| Q4 25 | $4.9B | $1.8B | ||
| Q3 25 | $4.9B | $1.8B | ||
| Q2 25 | $4.9B | $1.8B | ||
| Q1 25 | $4.9B | — | ||
| Q4 24 | $5.0B | $1.8B | ||
| Q3 24 | $5.0B | $1.7B | ||
| Q2 24 | $5.1B | $1.7B | ||
| Q1 24 | $5.0B | — |
负债/权益比APLEPLUS
| 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× | — | ||
| 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 | $-87.4M |
| 自由现金流经营现金流 - 资本支出 | $282.0M | — |
| 自由现金流率自由现金流/营收 | 86.4% | — |
| 资本支出强度资本支出/营收 | 27.0% | — |
| 现金转化率经营现金流/净利润 | 12.50× | -2.49× |
| 过去12个月自由现金流最近4个季度 | $516.8M | — |
8季度趋势，按日历期对齐
经营现金流APLEPLUS
| Q4 25 | $370.2M | $-87.4M | ||
| Q3 25 | $126.4M | $-34.8M | ||
| Q2 25 | $108.8M | $-99.0M | ||
| Q1 25 | $49.1M | — | ||
| Q4 24 | $405.4M | $65.7M | ||
| Q3 24 | $128.2M | $-21.6M | ||
| Q2 24 | $127.3M | $97.1M | ||
| Q1 24 | $54.7M | — |
自由现金流APLEPLUS
| Q4 25 | $282.0M | — | ||
| Q3 25 | $109.0M | — | ||
| Q2 25 | $96.2M | — | ||
| Q1 25 | $29.5M | — | ||
| Q4 24 | $327.1M | — | ||
| Q3 24 | $113.1M | — | ||
| Q2 24 | $115.0M | — | ||
| Q1 24 | $34.4M | — |
自由现金流率APLEPLUS
| Q4 25 | 86.4% | — | ||
| Q3 25 | 29.2% | — | ||
| Q2 25 | 25.0% | — | ||
| Q1 25 | 9.0% | — | ||
| Q4 24 | 98.2% | — | ||
| Q3 24 | 29.9% | — | ||
| Q2 24 | 29.5% | — | ||
| Q1 24 | 10.4% | — |
资本支出强度APLEPLUS
| Q4 25 | 27.0% | — | ||
| Q3 25 | 4.7% | — | ||
| Q2 25 | 3.3% | — | ||
| Q1 25 | 6.0% | — | ||
| Q4 24 | 23.5% | — | ||
| Q3 24 | 4.0% | — | ||
| Q2 24 | 3.2% | — | ||
| Q1 24 | 6.2% | — |
现金转化率APLEPLUS
| Q4 25 | 12.50× | -2.49× | ||
| Q3 25 | 2.49× | -1.00× | ||
| Q2 25 | 1.71× | -2.63× | ||
| Q1 25 | 1.57× | — | ||
| Q4 24 | 13.59× | 2.72× | ||
| Q3 24 | 2.28× | -0.69× | ||
| Q2 24 | 1.72× | 3.55× | ||
| 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% |
PLUS
| All Others Customer End Market | $107.0M | 17% |
| Technology Customer End Market | $89.4M | 15% |
| Health Care Customer End Market | $81.5M | 13% |
| Financial Services Customer End Market | $66.1M | 11% |
| Professional Services Reporting Unit | $64.1M | 10% |
| Security | $61.1M | 10% |
| State And Local Government And Educational Institutions | $59.9M | 10% |
| Managed Services Reporting Unit | $48.8M | 8% |
| Other Product | $21.1M | 3% |
| Collaboration | $13.4M | 2% |
