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Apple Hospitality REIT, Inc.（APLE）与BOSTON BEER CO INC（SAM）财务数据对比。点击上方公司名可切换其他公司
BOSTON BEER CO INC的季度营收约是Apple Hospitality REIT, Inc.的1.4倍（$461.6M vs $326.4M），Apple Hospitality REIT, Inc.同比增速更快（-2.0% vs -4.1%），过去两年Apple Hospitality REIT, Inc.的营收复合增速更高（-0.5% vs -10.7%）
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。
波士顿啤酒公司是美国知名酿酒企业，1984年由吉姆·科赫与朗达·卡尔曼联合创立。旗下首款产品以美国开国元勋、独立运动先驱塞缪尔·亚当斯命名，后续陆续推出多个自有品牌，2019年正式完成与角鲨头酿酒厂的合并，是北美精酿啤酒行业的核心参与者之一。
APLE vs SAM — 直观对比
营收规模更大
SAM
是对方的1.4倍
$326.4M
营收增速更快
APLE
高出2.1%
-4.1%
两年增速更快
APLE
近两年复合增速
-10.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $326.4M | $461.6M |
| 净利润 | $29.6M | — |
| 毛利率 | 37.2% | 46.4% |
| 营业利润率 | 15.2% | 12.4% |
| 净利率 | 9.1% | — |
| 营收同比 | -2.0% | -4.1% |
| 净利润同比 | -0.7% | — |
| 每股收益（稀释后） | $0.13 | $2.16 |
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APLESAM
| Q1 26 | — | $461.6M | ||
| Q4 25 | $326.4M | $385.7M | ||
| Q3 25 | $373.9M | $537.5M | ||
| Q2 25 | $384.4M | $587.9M | ||
| Q1 25 | $327.7M | $453.9M | ||
| Q4 24 | $333.0M | $402.3M | ||
| Q3 24 | $378.8M | $605.5M | ||
| Q2 24 | $390.1M | $579.1M |
净利润APLESAM
| Q1 26 | — | — | ||
| Q4 25 | $29.6M | $-22.5M | ||
| Q3 25 | $50.9M | $46.2M | ||
| Q2 25 | $63.6M | $60.4M | ||
| Q1 25 | $31.2M | $24.4M | ||
| Q4 24 | $29.8M | $-38.8M | ||
| Q3 24 | $56.3M | $33.5M | ||
| Q2 24 | $73.9M | $52.3M |
毛利率APLESAM
| Q1 26 | — | 46.4% | ||
| Q4 25 | 37.2% | 43.5% | ||
| Q3 25 | 40.6% | 50.8% | ||
| Q2 25 | 42.6% | 49.8% | ||
| Q1 25 | 39.0% | 48.3% | ||
| Q4 24 | 38.6% | 39.9% | ||
| Q3 24 | 41.9% | 46.3% | ||
| Q2 24 | 44.6% | 46.0% |
营业利润率APLESAM
| Q1 26 | — | 12.4% | ||
| Q4 25 | 15.2% | -8.6% | ||
| Q3 25 | 19.4% | 11.5% | ||
| Q2 25 | 22.1% | 14.0% | ||
| Q1 25 | 15.5% | 7.4% | ||
| Q4 24 | 15.0% | -13.9% | ||
| Q3 24 | 20.5% | 7.6% | ||
| Q2 24 | 24.0% | 12.2% |
净利率APLESAM
| Q1 26 | — | — | ||
| Q4 25 | 9.1% | -5.8% | ||
| Q3 25 | 13.6% | 8.6% | ||
| Q2 25 | 16.6% | 10.3% | ||
| Q1 25 | 9.5% | 5.4% | ||
| Q4 24 | 9.0% | -9.6% | ||
| Q3 24 | 14.9% | 5.5% | ||
| Q2 24 | 19.0% | 9.0% |
每股收益（稀释后）APLESAM
| Q1 26 | — | $2.16 | ||
| Q4 25 | $0.13 | $-1.97 | ||
| Q3 25 | $0.21 | $4.25 | ||
| Q2 25 | $0.27 | $5.45 | ||
| Q1 25 | $0.13 | $2.16 | ||
| Q4 24 | $0.13 | $-3.23 | ||
| Q3 24 | $0.23 | $2.86 | ||
| Q2 24 | $0.31 | $4.39 |
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 | $164.1M |
| 总债务越低越好 | $1.5B | — |
| 股东权益账面价值 | $3.1B | $682.6M |
| 总资产 | $4.9B | $1.2B |
| 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APLESAM
| Q1 26 | — | $164.1M | ||
| Q4 25 | $8.5M | $223.4M | ||
| Q3 25 | $50.3M | $250.5M | ||
| Q2 25 | $7.9M | $212.4M | ||
| Q1 25 | $14.9M | $152.5M | ||
| Q4 24 | $10.3M | $211.8M | ||
| Q3 24 | $6.1M | $255.6M | ||
| Q2 24 | $7.2M | $219.3M |
总债务APLESAM
| 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APLESAM
| Q1 26 | — | $682.6M | ||
| Q4 25 | $3.1B | $846.3M | ||
| Q3 25 | $3.2B | $911.0M | ||
| Q2 25 | $3.2B | $912.3M | ||
| Q1 25 | $3.2B | $897.0M | ||
| Q4 24 | $3.3B | $916.2M | ||
| Q3 24 | $3.3B | $1.0B | ||
| Q2 24 | $3.3B | $1.0B |
总资产APLESAM
| Q1 26 | — | $1.2B | ||
| Q4 25 | $4.9B | $1.2B | ||
| Q3 25 | $4.9B | $1.2B | ||
| Q2 25 | $4.9B | $1.3B | ||
| Q1 25 | $4.9B | $1.2B | ||
| Q4 24 | $5.0B | $1.3B | ||
| Q3 24 | $5.0B | $1.4B | ||
| Q2 24 | $5.1B | $1.4B |
负债/权益比APLESAM
| 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 | $370.2M | — |
| 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× | — |
| 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APLESAM
| Q1 26 | — | — | ||
| Q4 25 | $370.2M | $39.9M | ||
| Q3 25 | $126.4M | $101.8M | ||
| Q2 25 | $108.8M | $126.5M | ||
| Q1 25 | $49.1M | $1.9M | ||
| Q4 24 | $405.4M | $41.9M | ||
| Q3 24 | $128.2M | $115.9M | ||
| Q2 24 | $127.3M | $96.0M |
自由现金流APLESAM
| Q1 26 | — | — | ||
| Q4 25 | $282.0M | $22.1M | ||
| Q3 25 | $109.0M | $89.2M | ||
| Q2 25 | $96.2M | $112.2M | ||
| Q1 25 | $29.5M | $-8.0M | ||
| Q4 24 | $327.1M | $18.4M | ||
| Q3 24 | $113.1M | $99.2M | ||
| Q2 24 | $115.0M | $75.6M |
自由现金流率APLESAM
| Q1 26 | — | — | ||
| Q4 25 | 86.4% | 5.7% | ||
| Q3 25 | 29.2% | 16.6% | ||
| Q2 25 | 25.0% | 19.1% | ||
| Q1 25 | 9.0% | -1.8% | ||
| Q4 24 | 98.2% | 4.6% | ||
| Q3 24 | 29.9% | 16.4% | ||
| Q2 24 | 29.5% | 13.1% |
资本支出强度APLESAM
| Q1 26 | — | — | ||
| Q4 25 | 27.0% | 4.6% | ||
| Q3 25 | 4.7% | 2.3% | ||
| Q2 25 | 3.3% | 2.4% | ||
| Q1 25 | 6.0% | 2.2% | ||
| Q4 24 | 23.5% | 5.8% | ||
| Q3 24 | 4.0% | 2.8% | ||
| Q2 24 | 3.2% | 3.5% |
现金转化率APLESAM
| Q1 26 | — | — | ||
| Q4 25 | 12.50× | — | ||
| Q3 25 | 2.49× | 2.21× | ||
| Q2 25 | 1.71× | 2.09× | ||
| Q1 25 | 1.57× | 0.08× | ||
| Q4 24 | 13.59× | — | ||
| Q3 24 | 2.28× | 3.46× | ||
| Q2 24 | 1.72× | 1.83× |
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% |
SAM
暂无分部数据
