vs
亚朵集团（ATAT）与永利度假村有限公司（RRR）财务数据对比。点击上方公司名可切换其他公司
亚朵集团的季度营收约是永利度假村有限公司的1.5倍（$789.6M vs $511.8M）。亚朵集团净利率更高（17.6% vs 8.7%，领先8.9%）。亚朵集团同比增速更快（252.5% vs 3.2%）。亚朵集团自由现金流更多（$210.7M vs $77.7M）
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。
永利度假村有限公司是总部位于美国内华达州帕拉代斯的上市企业，专注于高端酒店与赌场的开发及运营。公司由前梦幻度假村集团董事长兼首席执行官史蒂夫·永利于2002年创立，现任首席执行官为克雷格·比林斯，截至2020年共开发了6处物业。
ATAT vs RRR — 直观对比
营收规模更大
ATAT
是对方的1.5倍
$511.8M
营收增速更快
ATAT
高出249.3%
3.2%
净利率更高
ATAT
高出8.9%
8.7%
自由现金流更多
ATAT
多$133.0M
$77.7M
损益表 — Q3 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $789.6M | $511.8M |
| 净利润 | $139.1M | $44.7M |
| 毛利率 | — | — |
| 营业利润率 | 22.5% | 28.1% |
| 净利率 | 17.6% | 8.7% |
| 营收同比 | 252.5% | 3.2% |
| 净利润同比 | 322.2% | -4.1% |
| 每股收益（稀释后） | $0.33 | $0.74 |
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ATATRRR
| Q4 25 | — | $511.8M | ||
| Q3 25 | $789.6M | $475.6M | ||
| Q2 25 | — | $526.3M | ||
| Q1 25 | — | $497.9M | ||
| Q4 24 | — | $495.7M | ||
| Q3 24 | $224.0M | $468.0M | ||
| Q2 24 | — | $486.4M | ||
| Q1 24 | $203.4M | $488.9M |
净利润ATATRRR
| Q4 25 | — | $44.7M | ||
| Q3 25 | $139.1M | $42.3M | ||
| Q2 25 | — | $56.4M | ||
| Q1 25 | — | $44.7M | ||
| Q4 24 | — | $46.6M | ||
| Q3 24 | $33.0M | $29.0M | ||
| Q2 24 | — | $35.7M | ||
| Q1 24 | $35.6M | $42.8M |
营业利润率ATATRRR
| Q4 25 | — | 28.1% | ||
| Q3 25 | 22.5% | 27.6% | ||
| Q2 25 | — | 31.9% | ||
| Q1 25 | — | 31.0% | ||
| Q4 24 | — | 28.7% | ||
| Q3 24 | 14.7% | 27.9% | ||
| Q2 24 | — | 28.8% | ||
| Q1 24 | 22.1% | 31.8% |
净利率ATATRRR
| Q4 25 | — | 8.7% | ||
| Q3 25 | 17.6% | 8.9% | ||
| Q2 25 | — | 10.7% | ||
| Q1 25 | — | 9.0% | ||
| Q4 24 | — | 9.4% | ||
| Q3 24 | 14.7% | 6.2% | ||
| Q2 24 | — | 7.3% | ||
| Q1 24 | 17.5% | 8.8% |
每股收益（稀释后）ATATRRR
| Q4 25 | — | $0.74 | ||
| Q3 25 | $0.33 | $0.68 | ||
| Q2 25 | — | $0.95 | ||
| Q1 25 | — | $0.75 | ||
| Q4 24 | — | $0.78 | ||
| Q3 24 | $0.08 | $0.48 | ||
| Q2 24 | — | $0.59 | ||
| Q1 24 | $0.09 | $0.68 |
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 | $142.5M |
| 总债务越低越好 | — | $3.4B |
| 股东权益账面价值 | $405.0M | $208.3M |
| 总资产 | $1.1B | $4.2B |
| 负债/权益比越低杠杆越低 | — | 16.30× |
8季度趋势，按日历期对齐
现金及短期投资ATATRRR
| Q4 25 | — | $142.5M | ||
| Q3 25 | $669.2M | $129.8M | ||
| Q2 25 | — | $145.2M | ||
| Q1 25 | — | $150.6M | ||
| Q4 24 | — | $164.4M | ||
| Q3 24 | $506.0M | $117.5M | ||
| Q2 24 | — | $136.4M | ||
| Q1 24 | $520.7M | $129.7M |
总债务ATATRRR
| Q4 25 | — | $3.4B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $3.4B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $277.0K | — |
股东权益ATATRRR
| Q4 25 | — | $208.3M | ||
| Q3 25 | $405.0M | $219.6M | ||
| Q2 25 | — | $203.4M | ||
| Q1 25 | — | $247.1M | ||
| Q4 24 | — | $215.1M | ||
| Q3 24 | $291.3M | $175.5M | ||
| Q2 24 | — | $159.0M | ||
| Q1 24 | $323.5M | $135.2M |
总资产ATATRRR
| Q4 25 | — | $4.2B | ||
| Q3 25 | $1.1B | $4.1B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $4.1B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | $927.8M | $4.0B | ||
| Q2 24 | — | $4.0B | ||
| Q1 24 | $936.3M | $4.0B |
负债/权益比ATATRRR
| Q4 25 | — | 16.30× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 15.84× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.00× | — |
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 | $156.6M |
| 自由现金流经营现金流 - 资本支出 | $210.7M | $77.7M |
| 自由现金流率自由现金流/营收 | 26.7% | 15.2% |
| 资本支出强度资本支出/营收 | 0.8% | 15.4% |
| 现金转化率经营现金流/净利润 | 1.56× | 3.51× |
| 过去12个月自由现金流最近4个季度 | $359.6M | $290.5M |
8季度趋势，按日历期对齐
经营现金流ATATRRR
| Q4 25 | — | $156.6M | ||
| Q3 25 | $216.6M | $168.3M | ||
| Q2 25 | — | $158.4M | ||
| Q1 25 | — | $126.2M | ||
| Q4 24 | — | $148.2M | ||
| Q3 24 | $84.8M | $131.0M | ||
| Q2 24 | — | $142.5M | ||
| Q1 24 | $19.8M | $126.5M |
自由现金流ATATRRR
| Q4 25 | — | $77.7M | ||
| Q3 25 | $210.7M | $74.6M | ||
| Q2 25 | — | $80.3M | ||
| Q1 25 | — | $58.0M | ||
| Q4 24 | — | $121.4M | ||
| Q3 24 | $83.3M | $50.7M | ||
| Q2 24 | — | $64.0M | ||
| Q1 24 | $18.1M | $28.4M |
自由现金流率ATATRRR
| Q4 25 | — | 15.2% | ||
| Q3 25 | 26.7% | 15.7% | ||
| Q2 25 | — | 15.3% | ||
| Q1 25 | — | 11.6% | ||
| Q4 24 | — | 24.5% | ||
| Q3 24 | 37.2% | 10.8% | ||
| Q2 24 | — | 13.1% | ||
| Q1 24 | 8.9% | 5.8% |
资本支出强度ATATRRR
| Q4 25 | — | 15.4% | ||
| Q3 25 | 0.8% | 19.7% | ||
| Q2 25 | — | 14.9% | ||
| Q1 25 | — | 13.7% | ||
| Q4 24 | — | 5.4% | ||
| Q3 24 | 0.7% | 17.2% | ||
| Q2 24 | — | 16.2% | ||
| Q1 24 | 0.9% | 20.1% |
现金转化率ATATRRR
| Q4 25 | — | 3.51× | ||
| Q3 25 | 1.56× | 3.98× | ||
| Q2 25 | — | 2.81× | ||
| Q1 25 | — | 2.82× | ||
| Q4 24 | — | 3.18× | ||
| Q3 24 | 2.57× | 4.53× | ||
| Q2 24 | — | 4.00× | ||
| Q1 24 | 0.56× | 2.95× |
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
RRR
| Casino | $343.0M | 67% |
| Food And Beverage | $93.3M | 18% |
| Occupancy | $47.2M | 9% |
| Hotel Other | $24.6M | 5% |
