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Apple Hospitality REIT, Inc.（APLE）与WillScot Holdings Corp（WSC）财务数据对比。点击上方公司名可切换其他公司
WillScot Holdings Corp的季度营收约是Apple Hospitality REIT, Inc.的1.7倍（$566.0M vs $326.4M），Apple Hospitality REIT, Inc.净利率更高（9.1% vs -33.1%，领先42.2%），Apple Hospitality REIT, Inc.同比增速更快（-2.0% vs -6.1%），Apple Hospitality REIT, Inc.自由现金流更多（$282.0M vs $149.7M），过去两年Apple Hospitality REIT, Inc.的营收复合增速更高（-0.5% vs -1.8%）
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。
WillScot Holdings Corp是北美领先的模块化空间及便携式存储服务供应商，服务覆盖建筑、商业开发、教育、医疗、政府项目、特殊活动等多个领域，为客户提供灵活可扩展的临时及半永久空间解决方案。
APLE vs WSC — 直观对比
营收规模更大
WSC
是对方的1.7倍
$326.4M
营收增速更快
APLE
高出4.1%
-6.1%
净利率更高
APLE
高出42.2%
-33.1%
自由现金流更多
APLE
多$132.3M
$149.7M
两年增速更快
APLE
近两年复合增速
-1.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $326.4M | $566.0M |
| 净利润 | $29.6M | $-187.3M |
| 毛利率 | 37.2% | 50.4% |
| 营业利润率 | 15.2% | -32.5% |
| 净利率 | 9.1% | -33.1% |
| 营收同比 | -2.0% | -6.1% |
| 净利润同比 | -0.7% | -310.0% |
| 每股收益（稀释后） | $0.13 | $-1.02 |
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APLEWSC
| Q4 25 | $326.4M | $566.0M | ||
| Q3 25 | $373.9M | $566.8M | ||
| Q2 25 | $384.4M | $589.1M | ||
| Q1 25 | $327.7M | $559.6M | ||
| Q4 24 | $333.0M | $602.5M | ||
| Q3 24 | $378.8M | $601.4M | ||
| Q2 24 | $390.1M | $604.6M | ||
| Q1 24 | $329.5M | $587.2M |
净利润APLEWSC
| Q4 25 | $29.6M | $-187.3M | ||
| Q3 25 | $50.9M | $43.3M | ||
| Q2 25 | $63.6M | $47.9M | ||
| Q1 25 | $31.2M | $43.1M | ||
| Q4 24 | $29.8M | $89.2M | ||
| Q3 24 | $56.3M | $-70.5M | ||
| Q2 24 | $73.9M | $-46.9M | ||
| Q1 24 | $54.0M | $56.2M |
毛利率APLEWSC
| Q4 25 | 37.2% | 50.4% | ||
| Q3 25 | 40.6% | 49.7% | ||
| Q2 25 | 42.6% | 50.3% | ||
| Q1 25 | 39.0% | 53.7% | ||
| Q4 24 | 38.6% | 55.8% | ||
| Q3 24 | 41.9% | 53.5% | ||
| Q2 24 | 44.6% | 54.1% | ||
| Q1 24 | 40.1% | 54.0% |
营业利润率APLEWSC
| Q4 25 | 15.2% | -32.5% | ||
| Q3 25 | 19.4% | 21.0% | ||
| Q2 25 | 22.1% | 21.5% | ||
| Q1 25 | 15.5% | 21.3% | ||
| Q4 24 | 15.0% | 28.9% | ||
| Q3 24 | 20.5% | -5.9% | ||
| Q2 24 | 24.0% | -0.9% | ||
| Q1 24 | 21.7% | 22.1% |
净利率APLEWSC
| Q4 25 | 9.1% | -33.1% | ||
| Q3 25 | 13.6% | 7.6% | ||
| Q2 25 | 16.6% | 8.1% | ||
| Q1 25 | 9.5% | 7.7% | ||
| Q4 24 | 9.0% | 14.8% | ||
| Q3 24 | 14.9% | -11.7% | ||
| Q2 24 | 19.0% | -7.7% | ||
| Q1 24 | 16.4% | 9.6% |
每股收益（稀释后）APLEWSC
| Q4 25 | $0.13 | $-1.02 | ||
| Q3 25 | $0.21 | $0.24 | ||
| Q2 25 | $0.27 | $0.26 | ||
| Q1 25 | $0.13 | $0.23 | ||
| Q4 24 | $0.13 | $0.48 | ||
| Q3 24 | $0.23 | $-0.37 | ||
| Q2 24 | $0.31 | $-0.25 | ||
| Q1 24 | $0.22 | $0.29 |
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 | $14.6M |
| 总债务越低越好 | $1.5B | $3.6B |
| 股东权益账面价值 | $3.1B | $856.3M |
| 总资产 | $4.9B | $5.8B |
| 负债/权益比越低杠杆越低 | 0.49× | 4.15× |
8季度趋势，按日历期对齐
现金及短期投资APLEWSC
| Q4 25 | $8.5M | $14.6M | ||
| Q3 25 | $50.3M | $14.8M | ||
| Q2 25 | $7.9M | $12.8M | ||
| Q1 25 | $14.9M | $10.7M | ||
| Q4 24 | $10.3M | $9.0M | ||
| Q3 24 | $6.1M | $11.0M | ||
| Q2 24 | $7.2M | $5.9M | ||
| Q1 24 | $4.9M | $13.1M |
总债务APLEWSC
| Q4 25 | $1.5B | $3.6B | ||
| Q3 25 | $1.5B | $3.6B | ||
| Q2 25 | $1.5B | $3.7B | ||
| Q1 25 | $1.5B | $3.6B | ||
| Q4 24 | $1.5B | $3.7B | ||
| Q3 24 | $1.5B | $3.6B | ||
| Q2 24 | $1.5B | $3.5B | ||
| Q1 24 | $1.5B | $3.5B |
股东权益APLEWSC
| Q4 25 | $3.1B | $856.3M | ||
| Q3 25 | $3.2B | $1.1B | ||
| Q2 25 | $3.2B | $1.0B | ||
| Q1 25 | $3.2B | $1.0B | ||
| Q4 24 | $3.3B | $1.0B | ||
| Q3 24 | $3.3B | $1.1B | ||
| Q2 24 | $3.3B | $1.2B | ||
| Q1 24 | $3.3B | $1.3B |
总资产APLEWSC
| Q4 25 | $4.9B | $5.8B | ||
| Q3 25 | $4.9B | $6.1B | ||
| Q2 25 | $4.9B | $6.1B | ||
| Q1 25 | $4.9B | $6.0B | ||
| Q4 24 | $5.0B | $6.0B | ||
| Q3 24 | $5.0B | $6.0B | ||
| Q2 24 | $5.1B | $6.0B | ||
| Q1 24 | $5.0B | $6.2B |
负债/权益比APLEWSC
| Q4 25 | 0.49× | 4.15× | ||
| Q3 25 | 0.47× | 3.39× | ||
| Q2 25 | 0.48× | 3.55× | ||
| Q1 25 | 0.48× | 3.56× | ||
| Q4 24 | 0.45× | 3.62× | ||
| Q3 24 | 0.46× | 3.42× | ||
| Q2 24 | 0.46× | 2.88× | ||
| Q1 24 | 0.45× | 2.63× |
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 | $158.9M |
| 自由现金流经营现金流 - 资本支出 | $282.0M | $149.7M |
| 自由现金流率自由现金流/营收 | 86.4% | 26.5% |
| 资本支出强度资本支出/营收 | 27.0% | 1.6% |
| 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 | $737.7M |
8季度趋势，按日历期对齐
经营现金流APLEWSC
| Q4 25 | $370.2M | $158.9M | ||
| Q3 25 | $126.4M | $191.2M | ||
| Q2 25 | $108.8M | $205.3M | ||
| Q1 25 | $49.1M | $206.6M | ||
| Q4 24 | $405.4M | $178.9M | ||
| Q3 24 | $128.2M | $-1.6M | ||
| Q2 24 | $127.3M | $175.6M | ||
| Q1 24 | $54.7M | $208.7M |
自由现金流APLEWSC
| Q4 25 | $282.0M | $149.7M | ||
| Q3 25 | $109.0M | $186.9M | ||
| Q2 25 | $96.2M | $199.0M | ||
| Q1 25 | $29.5M | $202.0M | ||
| Q4 24 | $327.1M | $176.6M | ||
| Q3 24 | $113.1M | $-4.9M | ||
| Q2 24 | $115.0M | $169.4M | ||
| Q1 24 | $34.4M | $202.1M |
自由现金流率APLEWSC
| Q4 25 | 86.4% | 26.5% | ||
| Q3 25 | 29.2% | 33.0% | ||
| Q2 25 | 25.0% | 33.8% | ||
| Q1 25 | 9.0% | 36.1% | ||
| Q4 24 | 98.2% | 29.3% | ||
| Q3 24 | 29.9% | -0.8% | ||
| Q2 24 | 29.5% | 28.0% | ||
| Q1 24 | 10.4% | 34.4% |
资本支出强度APLEWSC
| Q4 25 | 27.0% | 1.6% | ||
| Q3 25 | 4.7% | 0.7% | ||
| Q2 25 | 3.3% | 1.1% | ||
| Q1 25 | 6.0% | 0.8% | ||
| Q4 24 | 23.5% | 0.4% | ||
| Q3 24 | 4.0% | 0.6% | ||
| Q2 24 | 3.2% | 1.0% | ||
| Q1 24 | 6.2% | 1.1% |
现金转化率APLEWSC
| Q4 25 | 12.50× | — | ||
| Q3 25 | 2.49× | 4.41× | ||
| Q2 25 | 1.71× | 4.28× | ||
| Q1 25 | 1.57× | 4.80× | ||
| Q4 24 | 13.59× | 2.01× | ||
| Q3 24 | 2.28× | — | ||
| Q2 24 | 1.72× | — | ||
| Q1 24 | 1.01× | 3.71× |
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% |
WSC
| Modular Space Leasing | $249.8M | 44% |
| Value Added Product And Services | $101.0M | 18% |
| Portable Storage Leasing | $83.0M | 15% |
| Delivery Revenue | $48.2M | 9% |
| Installation Revenue | $45.0M | 8% |
| Rental Units | $19.7M | 3% |
| New Units | $15.5M | 3% |
| Value Added Services | $10.3M | 2% |
| Other Leasing Related Products And Services | $3.8M | 1% |
