vs
Apple Hospitality REIT, Inc.（APLE）与SL GREEN REALTY CORP（SLG）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SL GREEN REALTY CORP的1.2倍（$326.4M vs $276.5M），Apple Hospitality REIT, Inc.净利率更高（9.1% vs -36.5%，领先45.5%），SL GREEN REALTY CORP同比增速更快（12.4% vs -2.0%），过去两年SL GREEN REALTY CORP的营收复合增速更高（21.3% 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。
SL Green Realty Corp是一家房地产投资信托企业，核心业务为投资纽约市的写字楼与商业中心，被誉为“纽约市最大的写字楼业主”。截至2024年12月31日，公司持有39处物业的权益，总面积达2529.7万平方英尺，资产主要分布在曼哈顿区域。
APLE vs SLG — 直观对比
营收规模更大
APLE
是对方的1.2倍
$276.5M
营收增速更快
SLG
高出14.4%
-2.0%
净利率更高
APLE
高出45.5%
-36.5%
两年增速更快
SLG
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $326.4M | $276.5M |
| 净利润 | $29.6M | $-100.8M |
| 毛利率 | 37.2% | — |
| 营业利润率 | 15.2% | 64.2% |
| 净利率 | 9.1% | -36.5% |
| 营收同比 | -2.0% | 12.4% |
| 净利润同比 | -0.7% | -870.0% |
| 每股收益（稀释后） | $0.13 | $-1.49 |
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APLESLG
| Q4 25 | $326.4M | $276.5M | ||
| Q3 25 | $373.9M | $244.8M | ||
| Q2 25 | $384.4M | $241.9M | ||
| Q1 25 | $327.7M | $239.8M | ||
| Q4 24 | $333.0M | $245.9M | ||
| Q3 24 | $378.8M | $229.7M | ||
| Q2 24 | $390.1M | $222.8M | ||
| Q1 24 | $329.5M | $187.9M |
净利润APLESLG
| Q4 25 | $29.6M | $-100.8M | ||
| Q3 25 | $50.9M | $28.6M | ||
| Q2 25 | $63.6M | $-7.4M | ||
| Q1 25 | $31.2M | $-17.3M | ||
| Q4 24 | $29.8M | $19.1M | ||
| Q3 24 | $56.3M | $-9.5M | ||
| Q2 24 | $73.9M | $1.6M | ||
| Q1 24 | $54.0M | $16.9M |
毛利率APLESLG
| 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APLESLG
| Q4 25 | 15.2% | 64.2% | ||
| Q3 25 | 19.4% | 85.5% | ||
| Q2 25 | 22.1% | 53.4% | ||
| Q1 25 | 15.5% | 56.7% | ||
| Q4 24 | 15.0% | 59.8% | ||
| Q3 24 | 20.5% | 65.1% | ||
| Q2 24 | 24.0% | 79.2% | ||
| Q1 24 | 21.7% | — |
净利率APLESLG
| Q4 25 | 9.1% | -36.5% | ||
| Q3 25 | 13.6% | 11.7% | ||
| Q2 25 | 16.6% | -3.0% | ||
| Q1 25 | 9.5% | -7.2% | ||
| Q4 24 | 9.0% | 7.8% | ||
| Q3 24 | 14.9% | -4.2% | ||
| Q2 24 | 19.0% | 0.7% | ||
| Q1 24 | 16.4% | 9.0% |
每股收益（稀释后）APLESLG
| Q4 25 | $0.13 | $-1.49 | ||
| Q3 25 | $0.21 | $0.34 | ||
| Q2 25 | $0.27 | $-0.16 | ||
| Q1 25 | $0.13 | $-0.30 | ||
| Q4 24 | $0.13 | $0.13 | ||
| Q3 24 | $0.23 | $-0.21 | ||
| Q2 24 | $0.31 | $-0.04 | ||
| Q1 24 | $0.22 | $0.20 |
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 | $155.7M |
| 总债务越低越好 | $1.5B | — |
| 股东权益账面价值 | $3.1B | $3.7B |
| 总资产 | $4.9B | $11.1B |
| 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APLESLG
| Q4 25 | $8.5M | $155.7M | ||
| Q3 25 | $50.3M | $187.0M | ||
| Q2 25 | $7.9M | $182.9M | ||
| Q1 25 | $14.9M | $180.1M | ||
| Q4 24 | $10.3M | $184.3M | ||
| Q3 24 | $6.1M | $188.2M | ||
| Q2 24 | $7.2M | $199.5M | ||
| Q1 24 | $4.9M | $196.0M |
总债务APLESLG
| 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APLESLG
| Q4 25 | $3.1B | $3.7B | ||
| Q3 25 | $3.2B | $3.8B | ||
| Q2 25 | $3.2B | $3.8B | ||
| Q1 25 | $3.2B | $3.8B | ||
| Q4 24 | $3.3B | $4.0B | ||
| Q3 24 | $3.3B | $3.6B | ||
| Q2 24 | $3.3B | $3.7B | ||
| Q1 24 | $3.3B | $3.7B |
总资产APLESLG
| Q4 25 | $4.9B | $11.1B | ||
| Q3 25 | $4.9B | $11.1B | ||
| Q2 25 | $4.9B | $11.3B | ||
| Q1 25 | $4.9B | $11.4B | ||
| Q4 24 | $5.0B | $10.5B | ||
| Q3 24 | $5.0B | $10.2B | ||
| Q2 24 | $5.1B | $9.5B | ||
| Q1 24 | $5.0B | $9.8B |
负债/权益比APLESLG
| 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 | $82.9M |
| 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APLESLG
| Q4 25 | $370.2M | $82.9M | ||
| Q3 25 | $126.4M | $-6.8M | ||
| Q2 25 | $108.8M | $54.5M | ||
| Q1 25 | $49.1M | $6.7M | ||
| Q4 24 | $405.4M | $129.6M | ||
| Q3 24 | $128.2M | $16.7M | ||
| Q2 24 | $127.3M | $79.4M | ||
| Q1 24 | $54.7M | $-24.7M |
自由现金流APLESLG
| 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APLESLG
| 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APLESLG
| 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APLESLG
| Q4 25 | 12.50× | — | ||
| Q3 25 | 2.49× | -0.24× | ||
| Q2 25 | 1.71× | — | ||
| Q1 25 | 1.57× | — | ||
| Q4 24 | 13.59× | 6.77× | ||
| Q3 24 | 2.28× | — | ||
| Q2 24 | 1.72× | 50.33× | ||
| Q1 24 | 1.01× | -1.46× |
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% |
SLG
| Real Estate Segment | $223.1M | 81% |
| Other | $35.9M | 13% |
| Debt And Preferred Equity Segment | $17.4M | 6% |
