vs
亚朵集团（ATAT）与PENN Entertainment, Inc.（PENN）财务数据对比。点击上方公司名可切换其他公司
PENN Entertainment, Inc.的季度营收约是亚朵集团的2.3倍（$1.8B vs $789.6M），亚朵集团净利率更高（17.6% vs -0.2%，领先17.8%），亚朵集团同比增速更快（252.5% vs 6.4%）
亚朵生活控股是中国领先的文旅生活服务企业，主营中高端连锁酒店运营业务，面向商旅及休闲出行人群提供高品质住宿服务，同时配套布局生活文创零售、场景体验等多元业务，覆盖国内核心城市及部分海外市场。
Penn Entertainment, Inc.（前称宾州国家博彩）是美国知名娱乐企业，业务涵盖综合娱乐运营、体育内容供给及赌场博彩服务，旗下运营好莱坞赌场、Ameristar、Boomtown等品牌，在全美20个州拥有43处经营场所，同时持有加拿大数字媒体企业Score Media and Gaming的所有权。
ATAT vs PENN — 直观对比
营收规模更大
PENN
是对方的2.3倍
$789.6M
营收增速更快
ATAT
高出246.2%
6.4%
净利率更高
ATAT
高出17.8%
-0.2%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $789.6M | $1.8B |
| 净利润 | $139.1M | $-2.8M |
| 毛利率 | — | — |
| 营业利润率 | 22.5% | 5.5% |
| 净利率 | 17.6% | -0.2% |
| 营收同比 | 252.5% | 6.4% |
| 净利润同比 | 322.2% | 66.7% |
| 每股收益（稀释后） | $0.33 | $-0.02 |
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ATATPENN
| Q1 26 | — | $1.8B | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | $789.6M | $1.7B | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | $224.0M | $1.6B | ||
| Q2 24 | — | $1.7B |
净利润ATATPENN
| Q1 26 | — | $-2.8M | ||
| Q4 25 | — | $-72.9M | ||
| Q3 25 | $139.1M | $-864.6M | ||
| Q2 25 | — | $-17.4M | ||
| Q1 25 | — | $111.8M | ||
| Q4 24 | — | $-133.3M | ||
| Q3 24 | $33.0M | $-36.7M | ||
| Q2 24 | — | $-26.8M |
营业利润率ATATPENN
| Q1 26 | — | 5.5% | ||
| Q4 25 | — | -1.0% | ||
| Q3 25 | 22.5% | -45.2% | ||
| Q2 25 | — | 4.4% | ||
| Q1 25 | — | 2.6% | ||
| Q4 24 | — | -2.9% | ||
| Q3 24 | 14.7% | 4.1% | ||
| Q2 24 | — | 4.5% |
净利率ATATPENN
| Q1 26 | — | -0.2% | ||
| Q4 25 | — | -4.0% | ||
| Q3 25 | 17.6% | -50.3% | ||
| Q2 25 | — | -1.0% | ||
| Q1 25 | — | 6.7% | ||
| Q4 24 | — | -8.0% | ||
| Q3 24 | 14.7% | -2.2% | ||
| Q2 24 | — | -1.6% |
每股收益（稀释后）ATATPENN
| Q1 26 | — | $-0.02 | ||
| Q4 25 | — | $-0.36 | ||
| Q3 25 | $0.33 | $-6.03 | ||
| Q2 25 | — | $-0.12 | ||
| Q1 25 | — | $0.68 | ||
| Q4 24 | — | $-0.87 | ||
| Q3 24 | $0.08 | $-0.24 | ||
| Q2 24 | — | $-0.18 |
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 | $669.2M | $708.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $405.0M | — |
| 总资产 | $1.1B | — |
| 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ATATPENN
| Q1 26 | — | $708.0M | ||
| Q4 25 | — | $686.6M | ||
| Q3 25 | $669.2M | $660.1M | ||
| Q2 25 | — | $671.6M | ||
| Q1 25 | — | $591.6M | ||
| Q4 24 | — | $706.6M | ||
| Q3 24 | $506.0M | $834.0M | ||
| Q2 24 | — | $877.6M |
总债务ATATPENN
| Q1 26 | — | — | ||
| Q4 25 | — | $2.9B | ||
| Q3 25 | — | $2.9B | ||
| Q2 25 | — | $2.8B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $2.8B |
股东权益ATATPENN
| Q1 26 | — | — | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | $405.0M | $2.0B | ||
| Q2 25 | — | $3.0B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | $291.3M | $3.1B | ||
| Q2 24 | — | $3.1B |
总资产ATATPENN
| Q1 26 | — | — | ||
| Q4 25 | — | $14.3B | ||
| Q3 25 | $1.1B | $14.3B | ||
| Q2 25 | — | $15.2B | ||
| Q1 25 | — | $15.1B | ||
| Q4 24 | — | $15.3B | ||
| Q3 24 | $927.8M | $15.5B | ||
| Q2 24 | — | $15.5B |
负债/权益比ATATPENN
| Q1 26 | — | — | ||
| Q4 25 | — | 1.58× | ||
| Q3 25 | — | 1.46× | ||
| Q2 25 | — | 0.94× | ||
| Q1 25 | — | 0.89× | ||
| Q4 24 | — | 0.98× | ||
| Q3 24 | — | 0.91× | ||
| Q2 24 | — | 0.91× |
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 | $216.6M | — |
| 自由现金流经营现金流 - 资本支出 | $210.7M | — |
| 自由现金流率自由现金流/营收 | 26.7% | — |
| 资本支出强度资本支出/营收 | 0.8% | 5.3% |
| 现金转化率经营现金流/净利润 | 1.56× | — |
| 过去12个月自由现金流最近4个季度 | $359.6M | — |
8季度趋势，按日历期对齐
经营现金流ATATPENN
| Q1 26 | — | — | ||
| Q4 25 | — | $107.2M | ||
| Q3 25 | $216.6M | $180.9M | ||
| Q2 25 | — | $178.2M | ||
| Q1 25 | — | $41.9M | ||
| Q4 24 | — | $102.9M | ||
| Q3 24 | $84.8M | $174.7M | ||
| Q2 24 | — | $150.4M |
自由现金流ATATPENN
| Q1 26 | — | — | ||
| Q4 25 | — | $-83.2M | ||
| Q3 25 | $210.7M | $8.2M | ||
| Q2 25 | — | $18.8M | ||
| Q1 25 | — | $-83.3M | ||
| Q4 24 | — | $-118.1M | ||
| Q3 24 | $83.3M | $42.6M | ||
| Q2 24 | — | $62.2M |
自由现金流率ATATPENN
| Q1 26 | — | — | ||
| Q4 25 | — | -4.6% | ||
| Q3 25 | 26.7% | 0.5% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | -5.0% | ||
| Q4 24 | — | -7.1% | ||
| Q3 24 | 37.2% | 2.6% | ||
| Q2 24 | — | 3.7% |
资本支出强度ATATPENN
| Q1 26 | — | 5.3% | ||
| Q4 25 | — | 10.5% | ||
| Q3 25 | 0.8% | 10.1% | ||
| Q2 25 | — | 9.0% | ||
| Q1 25 | — | 7.5% | ||
| Q4 24 | — | 13.2% | ||
| Q3 24 | 0.7% | 8.1% | ||
| Q2 24 | — | 5.3% |
现金转化率ATATPENN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 1.56× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.37× | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.57× | — | ||
| Q2 24 | — | — |
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
ATAT
暂无分部数据
PENN
| Northeast segment (1) | $687.1M | 39% |
| Interactive (5) | $290.1M | 16% |
| South segment (2) | $288.3M | 16% |
| Midwest segment (4) | $282.9M | 16% |
| West segment (3) | $129.7M | 7% |
| Other | $101.0M | 6% |
