vs
Apple Hospitality REIT, Inc.（APLE）与Tilray Brands, Inc.（TLRY）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Tilray Brands, Inc.的1.6倍（$337.7M vs $217.5M），Apple Hospitality REIT, Inc.净利率更高（8.2% vs -20.7%，领先28.9%），Tilray Brands, Inc.同比增速更快（3.1% vs 3.1%），过去两年Tilray Brands, Inc.的营收复合增速更高（7.5% 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。
Tilray Brands, Inc.是一家美国企业，主营医药、大麻生活方式产品以及包装消费品业务，公司注册于美国，总部坐落于纽约。该公司在加拿大、澳大利亚、新西兰、拉美地区均开展业务，同时在德国和葡萄牙拥有大麻种植基地。
APLE vs TLRY — 直观对比
营收规模更大
APLE
是对方的1.6倍
$217.5M
营收增速更快
TLRY
高出0.0%
3.1%
净利率更高
APLE
高出28.9%
-20.7%
两年增速更快
TLRY
近两年复合增速
-6.9%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $337.7M | $217.5M |
| 净利润 | $27.7M | $-44.9M |
| 毛利率 | — | 26.4% |
| 营业利润率 | 14.2% | -10.2% |
| 净利率 | 8.2% | -20.7% |
| 营收同比 | 3.1% | 3.1% |
| 净利润同比 | 12.7% | 47.4% |
| 每股收益（稀释后） | $0.12 | $-0.41 |
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APLETLRY
| Q1 26 | $337.7M | — | ||
| Q4 25 | $326.4M | $217.5M | ||
| Q3 25 | $373.9M | $209.5M | ||
| Q2 25 | $384.4M | $224.5M | ||
| Q1 25 | $327.7M | $185.8M | ||
| Q4 24 | $333.0M | $210.9M | ||
| Q3 24 | $378.8M | $200.0M | ||
| Q2 24 | $390.1M | $229.9M |
净利润APLETLRY
| Q1 26 | $27.7M | — | ||
| Q4 25 | $29.6M | $-44.9M | ||
| Q3 25 | $50.9M | $-322.0K | ||
| Q2 25 | $63.6M | $-1.3B | ||
| Q1 25 | $31.2M | $-789.4M | ||
| Q4 24 | $29.8M | $-85.3M | ||
| Q3 24 | $56.3M | $-39.2M | ||
| Q2 24 | $73.9M | $-31.7M |
毛利率APLETLRY
| Q1 26 | — | — | ||
| Q4 25 | 37.2% | 26.4% | ||
| Q3 25 | 40.6% | 27.4% | ||
| Q2 25 | 42.6% | 30.1% | ||
| Q1 25 | 39.0% | 28.0% | ||
| Q4 24 | 38.6% | 29.0% | ||
| Q3 24 | 41.9% | 29.8% | ||
| Q2 24 | 44.6% | 35.8% |
营业利润率APLETLRY
| Q1 26 | 14.2% | — | ||
| Q4 25 | 15.2% | -10.2% | ||
| Q3 25 | 19.4% | 1.0% | ||
| Q2 25 | 22.1% | -643.1% | ||
| Q1 25 | 15.5% | -409.0% | ||
| Q4 24 | 15.0% | -20.0% | ||
| Q3 24 | 20.5% | -18.3% | ||
| Q2 24 | 24.0% | -7.2% |
净利率APLETLRY
| Q1 26 | 8.2% | — | ||
| Q4 25 | 9.1% | -20.7% | ||
| Q3 25 | 13.6% | -0.2% | ||
| Q2 25 | 16.6% | -566.9% | ||
| Q1 25 | 9.5% | -424.9% | ||
| Q4 24 | 9.0% | -40.5% | ||
| Q3 24 | 14.9% | -19.6% | ||
| Q2 24 | 19.0% | -13.8% |
每股收益（稀释后）APLETLRY
| Q1 26 | $0.12 | — | ||
| Q4 25 | $0.13 | $-0.41 | ||
| Q3 25 | $0.21 | $0.00 | ||
| Q2 25 | $0.27 | $7.26 | ||
| Q1 25 | $0.13 | $-8.69 | ||
| Q4 24 | $0.13 | $-0.99 | ||
| Q3 24 | $0.23 | $-0.04 | ||
| Q2 24 | $0.31 | $-0.04 |
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 | $291.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.1B | $1.6B |
| 总资产 | $4.9B | $2.1B |
| 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APLETLRY
| Q1 26 | $7.8M | — | ||
| Q4 25 | $8.5M | $291.6M | ||
| Q3 25 | $50.3M | $264.8M | ||
| Q2 25 | $7.9M | $256.4M | ||
| Q1 25 | $14.9M | — | ||
| Q4 24 | $10.3M | $252.2M | ||
| Q3 24 | $6.1M | $280.1M | ||
| Q2 24 | $7.2M | $260.5M |
总债务APLETLRY
| 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APLETLRY
| Q1 26 | $3.1B | — | ||
| Q4 25 | $3.1B | $1.6B | ||
| Q3 25 | $3.2B | $1.5B | ||
| Q2 25 | $3.2B | $1.5B | ||
| Q1 25 | $3.2B | $2.7B | ||
| Q4 24 | $3.3B | $3.5B | ||
| Q3 24 | $3.3B | $3.5B | ||
| Q2 24 | $3.3B | $3.4B |
总资产APLETLRY
| Q1 26 | $4.9B | — | ||
| Q4 25 | $4.9B | $2.1B | ||
| Q3 25 | $4.9B | $2.1B | ||
| Q2 25 | $4.9B | $2.1B | ||
| Q1 25 | $4.9B | — | ||
| Q4 24 | $5.0B | $4.2B | ||
| Q3 24 | $5.0B | $4.3B | ||
| Q2 24 | $5.1B | $4.2B |
负债/权益比APLETLRY
| 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 | — | $-8.5M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流APLETLRY
| Q1 26 | — | — | ||
| Q4 25 | $370.2M | $-8.5M | ||
| Q3 25 | $126.4M | $-1.3M | ||
| Q2 25 | $108.8M | $-12.8M | ||
| Q1 25 | $49.1M | $-5.8M | ||
| Q4 24 | $405.4M | $-40.7M | ||
| Q3 24 | $128.2M | $-35.3M | ||
| Q2 24 | $127.3M | $30.7M |
自由现金流APLETLRY
| Q1 26 | — | — | ||
| Q4 25 | $282.0M | — | ||
| Q3 25 | $109.0M | — | ||
| Q2 25 | $96.2M | $-19.1M | ||
| Q1 25 | $29.5M | $-20.2M | ||
| Q4 24 | $327.1M | $-46.2M | ||
| Q3 24 | $113.1M | $-42.0M | ||
| Q2 24 | $115.0M | $21.0M |
自由现金流率APLETLRY
| Q1 26 | — | — | ||
| Q4 25 | 86.4% | — | ||
| Q3 25 | 29.2% | — | ||
| Q2 25 | 25.0% | -8.5% | ||
| Q1 25 | 9.0% | -10.9% | ||
| Q4 24 | 98.2% | -21.9% | ||
| Q3 24 | 29.9% | -21.0% | ||
| Q2 24 | 29.5% | 9.1% |
资本支出强度APLETLRY
| Q1 26 | — | — | ||
| Q4 25 | 27.0% | — | ||
| Q3 25 | 4.7% | — | ||
| Q2 25 | 3.3% | 2.8% | ||
| Q1 25 | 6.0% | 7.8% | ||
| Q4 24 | 23.5% | 2.6% | ||
| Q3 24 | 4.0% | 3.4% | ||
| Q2 24 | 3.2% | 4.2% |
现金转化率APLETLRY
| Q1 26 | — | — | ||
| Q4 25 | 12.50× | — | ||
| Q3 25 | 2.49× | — | ||
| Q2 25 | 1.71× | — | ||
| Q1 25 | 1.57× | — | ||
| Q4 24 | 13.59× | — | ||
| Q3 24 | 2.28× | — | ||
| 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% |
TLRY
| Adultuse Cannabis Products | $62.4M | 29% |
| Other | $59.2M | 27% |
| Beverage Alcohol Business | $53.6M | 25% |
| International Cannabis Products | $20.2M | 9% |
| Wellness Business | $14.6M | 7% |
| Medical Cannabis Products | $6.2M | 3% |
| Wholesale Cannabis Products | $1.3M | 1% |
