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Apple Hospitality REIT, Inc.（APLE）与Tecnoglass Inc.（TGLS）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Tecnoglass Inc.的1.3倍（$326.4M vs $245.3M），Tecnoglass Inc.净利率更高（10.6% vs 9.1%，领先1.6%），Tecnoglass Inc.同比增速更快（2.4% vs -2.0%），Apple Hospitality REIT, Inc.自由现金流更多（$282.0M vs $11.4M），过去两年Tecnoglass Inc.的营收复合增速更高（12.8% 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。
Tecnoglass Inc.是一家领先的建筑玻璃、铝制门窗及相关建材生产商，主要服务北美及拉美地区的住宅和商业建筑领域，为新建及翻新项目提供定制化、高能效的建筑解决方案。
APLE vs TGLS — 直观对比
营收规模更大
APLE
是对方的1.3倍
$245.3M
营收增速更快
TGLS
高出4.4%
-2.0%
净利率更高
TGLS
高出1.6%
9.1%
自由现金流更多
APLE
多$270.6M
$11.4M
两年增速更快
TGLS
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $326.4M | $245.3M |
| 净利润 | $29.6M | $26.1M |
| 毛利率 | 37.2% | 40.0% |
| 营业利润率 | 15.2% | 18.3% |
| 净利率 | 9.1% | 10.6% |
| 营收同比 | -2.0% | 2.4% |
| 净利润同比 | -0.7% | -44.5% |
| 每股收益（稀释后） | $0.13 | $0.57 |
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APLETGLS
| Q4 25 | $326.4M | $245.3M | ||
| Q3 25 | $373.9M | $260.5M | ||
| Q2 25 | $384.4M | $255.5M | ||
| Q1 25 | $327.7M | $222.3M | ||
| Q4 24 | $333.0M | $239.6M | ||
| Q3 24 | $378.8M | $238.3M | ||
| Q2 24 | $390.1M | $219.7M | ||
| Q1 24 | $329.5M | $192.6M |
净利润APLETGLS
| Q4 25 | $29.6M | $26.1M | ||
| Q3 25 | $50.9M | $47.2M | ||
| Q2 25 | $63.6M | $44.1M | ||
| Q1 25 | $31.2M | $42.2M | ||
| Q4 24 | $29.8M | $47.0M | ||
| Q3 24 | $56.3M | $49.5M | ||
| Q2 24 | $73.9M | $35.0M | ||
| Q1 24 | $54.0M | $29.7M |
毛利率APLETGLS
| Q4 25 | 37.2% | 40.0% | ||
| Q3 25 | 40.6% | 42.7% | ||
| Q2 25 | 42.6% | 44.7% | ||
| Q1 25 | 39.0% | 43.9% | ||
| Q4 24 | 38.6% | 44.5% | ||
| Q3 24 | 41.9% | 45.8% | ||
| Q2 24 | 44.6% | 40.8% | ||
| Q1 24 | 40.1% | 38.8% |
营业利润率APLETGLS
| Q4 25 | 15.2% | 18.3% | ||
| Q3 25 | 19.4% | 25.1% | ||
| Q2 25 | 22.1% | 24.0% | ||
| Q1 25 | 15.5% | 26.7% | ||
| Q4 24 | 15.0% | 28.0% | ||
| Q3 24 | 20.5% | 28.4% | ||
| Q2 24 | 24.0% | 23.3% | ||
| Q1 24 | 21.7% | 21.3% |
净利率APLETGLS
| Q4 25 | 9.1% | 10.6% | ||
| Q3 25 | 13.6% | 18.1% | ||
| Q2 25 | 16.6% | 17.3% | ||
| Q1 25 | 9.5% | 19.0% | ||
| Q4 24 | 9.0% | 19.6% | ||
| Q3 24 | 14.9% | 20.8% | ||
| Q2 24 | 19.0% | 15.9% | ||
| Q1 24 | 16.4% | 15.4% |
每股收益（稀释后）APLETGLS
| Q4 25 | $0.13 | $0.57 | ||
| Q3 25 | $0.21 | $1.01 | ||
| Q2 25 | $0.27 | $0.94 | ||
| Q1 25 | $0.13 | $0.90 | ||
| Q4 24 | $0.13 | $1.00 | ||
| Q3 24 | $0.23 | $1.05 | ||
| Q2 24 | $0.31 | $0.75 | ||
| Q1 24 | $0.22 | $0.63 |
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 | $104.1M |
| 总债务越低越好 | $1.5B | $174.4M |
| 股东权益账面价值 | $3.1B | $713.1M |
| 总资产 | $4.9B | $1.3B |
| 负债/权益比越低杠杆越低 | 0.49× | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资APLETGLS
| Q4 25 | $8.5M | $104.1M | ||
| Q3 25 | $50.3M | $127.1M | ||
| Q2 25 | $7.9M | $140.9M | ||
| Q1 25 | $14.9M | $160.2M | ||
| Q4 24 | $10.3M | $137.5M | ||
| Q3 24 | $6.1M | $124.8M | ||
| Q2 24 | $7.2M | $129.5M | ||
| Q1 24 | $4.9M | $138.8M |
总债务APLETGLS
| Q4 25 | $1.5B | $174.4M | ||
| Q3 25 | $1.5B | $114.7M | ||
| Q2 25 | $1.5B | $110.6M | ||
| Q1 25 | $1.5B | $110.6M | ||
| Q4 24 | $1.5B | $111.1M | ||
| Q3 24 | $1.5B | $126.8M | ||
| Q2 24 | $1.5B | $144.7M | ||
| Q1 24 | $1.5B | $160.9M |
股东权益APLETGLS
| Q4 25 | $3.1B | $713.1M | ||
| Q3 25 | $3.2B | $764.0M | ||
| Q2 25 | $3.2B | $736.0M | ||
| Q1 25 | $3.2B | $685.1M | ||
| Q4 24 | $3.3B | $631.2M | ||
| Q3 24 | $3.3B | $613.3M | ||
| Q2 24 | $3.3B | $574.8M | ||
| Q1 24 | $3.3B | $573.6M |
总资产APLETGLS
| Q4 25 | $4.9B | $1.3B | ||
| Q3 25 | $4.9B | $1.2B | ||
| Q2 25 | $4.9B | $1.2B | ||
| Q1 25 | $4.9B | $1.1B | ||
| Q4 24 | $5.0B | $1.0B | ||
| Q3 24 | $5.0B | $996.3M | ||
| Q2 24 | $5.1B | $942.5M | ||
| Q1 24 | $5.0B | $981.6M |
负债/权益比APLETGLS
| Q4 25 | 0.49× | 0.24× | ||
| Q3 25 | 0.47× | 0.15× | ||
| Q2 25 | 0.48× | 0.15× | ||
| Q1 25 | 0.48× | 0.16× | ||
| Q4 24 | 0.45× | 0.18× | ||
| Q3 24 | 0.46× | 0.21× | ||
| Q2 24 | 0.46× | 0.25× | ||
| Q1 24 | 0.45× | 0.28× |
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 | $31.0M |
| 自由现金流经营现金流 - 资本支出 | $282.0M | $11.4M |
| 自由现金流率自由现金流/营收 | 86.4% | 4.7% |
| 资本支出强度资本支出/营收 | 27.0% | 8.0% |
| 现金转化率经营现金流/净利润 | 12.50× | 1.19× |
| 过去12个月自由现金流最近4个季度 | $516.8M | $34.5M |
8季度趋势，按日历期对齐
经营现金流APLETGLS
| Q4 25 | $370.2M | $31.0M | ||
| Q3 25 | $126.4M | $40.0M | ||
| Q2 25 | $108.8M | $17.9M | ||
| Q1 25 | $49.1M | $46.9M | ||
| Q4 24 | $405.4M | $61.1M | ||
| Q3 24 | $128.2M | $41.5M | ||
| Q2 24 | $127.3M | $34.5M | ||
| Q1 24 | $54.7M | $33.4M |
自由现金流APLETGLS
| Q4 25 | $282.0M | $11.4M | ||
| Q3 25 | $109.0M | $21.2M | ||
| Q2 25 | $96.2M | $-14.7M | ||
| Q1 25 | $29.5M | $16.5M | ||
| Q4 24 | $327.1M | $35.4M | ||
| Q3 24 | $113.1M | $17.8M | ||
| Q2 24 | $115.0M | $14.2M | ||
| Q1 24 | $34.4M | $23.6M |
自由现金流率APLETGLS
| Q4 25 | 86.4% | 4.7% | ||
| Q3 25 | 29.2% | 8.2% | ||
| Q2 25 | 25.0% | -5.7% | ||
| Q1 25 | 9.0% | 7.4% | ||
| Q4 24 | 98.2% | 14.8% | ||
| Q3 24 | 29.9% | 7.5% | ||
| Q2 24 | 29.5% | 6.5% | ||
| Q1 24 | 10.4% | 12.2% |
资本支出强度APLETGLS
| Q4 25 | 27.0% | 8.0% | ||
| Q3 25 | 4.7% | 7.2% | ||
| Q2 25 | 3.3% | 12.7% | ||
| Q1 25 | 6.0% | 13.7% | ||
| Q4 24 | 23.5% | 10.7% | ||
| Q3 24 | 4.0% | 9.9% | ||
| Q2 24 | 3.2% | 9.2% | ||
| Q1 24 | 6.2% | 5.1% |
现金转化率APLETGLS
| Q4 25 | 12.50× | 1.19× | ||
| Q3 25 | 2.49× | 0.85× | ||
| Q2 25 | 1.71× | 0.41× | ||
| Q1 25 | 1.57× | 1.11× | ||
| Q4 24 | 13.59× | 1.30× | ||
| Q3 24 | 2.28× | 0.84× | ||
| Q2 24 | 1.72× | 0.98× | ||
| Q1 24 | 1.01× | 1.13× |
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% |
TGLS
| Product Sales | $164.2M | 67% |
| Fixed Price Contracts | $81.1M | 33% |
| Related Party | $692.0K | 0% |
