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AvalonBay Communities（AVB）与Ryman Hospitality Properties, Inc.（RHP）财务数据对比。点击上方公司名可切换其他公司
AvalonBay Communities的季度营收约是Ryman Hospitality Properties, Inc.的1.0倍（$767.9M vs $737.8M），AvalonBay Communities净利率更高（9040.6% vs 10.1%，领先9030.5%），Ryman Hospitality Properties, Inc.同比增速更快（13.9% vs 3.7%），AvalonBay Communities自由现金流更多（$1.4B vs $58.5M），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（18.2% vs 3.8%）
AvalonBay Communities是一家公开上市的房地产投资信托（REIT），核心业务聚焦公寓类不动产的投资与运营，旗下持有并管理大量区位优质的公寓项目，为租户提供高品质居住服务，在北美住宅地产投资领域拥有较高知名度。
莱曼酒店地产是一家主营酒店、度假村、娱乐及媒体业务的企业，得名于旗下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为俄克拉荷马出版公司子公司时期，1983年收购WSM公司后奠定现代业务基础，同时将知名演出IP大奥普里等核心资产纳入麾下。
AVB vs RHP — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $767.9M | $737.8M |
| 净利润 | $166.0M | $74.5M |
| 毛利率 | — | 41.4% |
| 营业利润率 | 64.2% | 19.4% |
| 净利率 | 9040.6% | 10.1% |
| 营收同比 | 3.7% | 13.9% |
| 净利润同比 | -41.2% | 3.0% |
| 每股收益（稀释后） | $1.18 | $1.12 |
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
| Q4 25 | $767.9M | $737.8M | ||
| Q3 25 | $766.8M | $592.5M | ||
| Q2 25 | $760.2M | $659.5M | ||
| Q1 25 | $745.9M | $587.3M | ||
| Q4 24 | $740.5M | $647.6M | ||
| Q3 24 | $734.3M | $550.0M | ||
| Q2 24 | $726.0M | $613.3M | ||
| Q1 24 | $712.9M | $528.3M |
| Q4 25 | $166.0M | $74.5M | ||
| Q3 25 | $381.3M | $34.9M | ||
| Q2 25 | $268.7M | $71.8M | ||
| Q1 25 | $236.6M | $63.0M | ||
| Q4 24 | $282.1M | $72.3M | ||
| Q3 24 | $372.5M | $59.0M | ||
| Q2 24 | $253.9M | $100.8M | ||
| Q1 24 | $173.4M | $42.8M |
| Q4 25 | — | 41.4% | ||
| Q3 25 | — | 40.9% | ||
| Q2 25 | — | 49.7% | ||
| Q1 25 | — | 44.4% | ||
| Q4 24 | — | 40.4% | ||
| Q3 24 | — | 43.1% | ||
| Q2 24 | — | 48.4% | ||
| Q1 24 | — | 41.5% |
| Q4 25 | 64.2% | 19.4% | ||
| Q3 25 | 65.7% | 15.0% | ||
| Q2 25 | 67.6% | 21.1% | ||
| Q1 25 | 68.5% | 19.8% | ||
| Q4 24 | 63.1% | 18.6% | ||
| Q3 24 | 65.4% | 19.3% | ||
| Q2 24 | 66.6% | 27.4% | ||
| Q1 24 | 67.2% | 18.2% |
| Q4 25 | 9040.6% | 10.1% | ||
| Q3 25 | 49.7% | 5.9% | ||
| Q2 25 | 35.3% | 10.9% | ||
| Q1 25 | 31.7% | 10.7% | ||
| Q4 24 | 38.1% | 11.2% | ||
| Q3 24 | 50.7% | 10.7% | ||
| Q2 24 | 35.0% | 16.4% | ||
| Q1 24 | 24.3% | 8.1% |
| Q4 25 | $1.18 | $1.12 | ||
| Q3 25 | $2.68 | $0.53 | ||
| Q2 25 | $1.88 | $1.12 | ||
| Q1 25 | $1.66 | $1.00 | ||
| Q4 24 | $1.99 | $1.12 | ||
| Q3 24 | $2.61 | $0.94 | ||
| Q2 24 | $1.78 | $1.65 | ||
| Q1 24 | $1.22 | $0.67 |
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 | $187.2M | $471.4M |
| 总债务越低越好 | $9.3B | — |
| 股东权益账面价值 | $11.6B | $750.2M |
| 总资产 | $22.2B | $6.2B |
| 负债/权益比越低杠杆越低 | 0.80× | — |
8季度趋势，按日历期对齐
| Q4 25 | $187.2M | $471.4M | ||
| Q3 25 | $123.3M | $483.3M | ||
| Q2 25 | $102.8M | $420.6M | ||
| Q1 25 | $53.3M | $413.9M | ||
| Q4 24 | $108.6M | $477.7M | ||
| Q3 24 | $552.4M | $534.9M | ||
| Q2 24 | $545.8M | $498.4M | ||
| Q1 24 | $287.9M | $465.3M |
| Q4 25 | $9.3B | — | ||
| Q3 25 | $8.7B | — | ||
| Q2 25 | $8.7B | — | ||
| Q1 25 | $8.3B | — | ||
| Q4 24 | $8.1B | — | ||
| Q3 24 | $8.4B | — | ||
| Q2 24 | $8.4B | — | ||
| Q1 24 | $8.0B | — |
| Q4 25 | $11.6B | $750.2M | ||
| Q3 25 | $11.9B | $758.5M | ||
| Q2 25 | $11.9B | $800.4M | ||
| Q1 25 | $11.9B | $531.5M | ||
| Q4 24 | $11.9B | $549.0M | ||
| Q3 24 | $11.9B | $551.9M | ||
| Q2 24 | $11.7B | $562.6M | ||
| Q1 24 | $11.7B | $529.9M |
| Q4 25 | $22.2B | $6.2B | ||
| Q3 25 | $21.9B | $6.2B | ||
| Q2 25 | $21.8B | $6.1B | ||
| Q1 25 | $21.2B | $5.2B | ||
| Q4 24 | $21.0B | $5.2B | ||
| Q3 24 | $21.3B | $5.2B | ||
| Q2 24 | $21.0B | $5.1B | ||
| Q1 24 | $20.6B | $5.1B |
| Q4 25 | 0.80× | — | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.70× | — | ||
| Q4 24 | 0.68× | — | ||
| Q3 24 | 0.70× | — | ||
| Q2 24 | 0.71× | — | ||
| Q1 24 | 0.68× | — |
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 | $1.7B | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $1.4B | $58.5M |
| 自由现金流率自由现金流/营收 | 183.5% | 7.9% |
| 资本支出强度资本支出/营收 | 34.1% | 14.4% |
| 现金转化率经营现金流/净利润 | 10.07× | 2.21× |
| 过去12个月自由现金流最近4个季度 | $2.5B | $232.4M |
8季度趋势，按日历期对齐
| Q4 25 | $1.7B | $164.7M | ||
| Q3 25 | $477.0M | $205.2M | ||
| Q2 25 | $377.8M | $122.5M | ||
| Q1 25 | $415.9M | $98.2M | ||
| Q4 24 | $1.6B | $166.6M | ||
| Q3 24 | $486.2M | $218.1M | ||
| Q2 24 | $380.0M | $184.3M | ||
| Q1 24 | $412.9M | $7.5M |
| Q4 25 | $1.4B | $58.5M | ||
| Q3 25 | $402.2M | $135.4M | ||
| Q2 25 | $317.1M | $53.0M | ||
| Q1 25 | $367.5M | $-14.5M | ||
| Q4 24 | $1.4B | $76.0M | ||
| Q3 24 | $434.2M | $85.7M | ||
| Q2 24 | $333.0M | $78.8M | ||
| Q1 24 | $375.4M | $-72.0M |
| Q4 25 | 183.5% | 7.9% | ||
| Q3 25 | 52.5% | 22.9% | ||
| Q2 25 | 41.7% | 8.0% | ||
| Q1 25 | 49.3% | -2.5% | ||
| Q4 24 | 191.0% | 11.7% | ||
| Q3 24 | 59.1% | 15.6% | ||
| Q2 24 | 45.9% | 12.9% | ||
| Q1 24 | 52.7% | -13.6% |
| Q4 25 | 34.1% | 14.4% | ||
| Q3 25 | 9.8% | 11.8% | ||
| Q2 25 | 8.0% | 10.5% | ||
| Q1 25 | 6.5% | 19.2% | ||
| Q4 24 | 26.1% | 14.0% | ||
| Q3 24 | 7.1% | 24.1% | ||
| Q2 24 | 6.5% | 17.2% | ||
| Q1 24 | 5.3% | 15.0% |
| Q4 25 | 10.07× | 2.21× | ||
| Q3 25 | 1.25× | 5.88× | ||
| Q2 25 | 1.41× | 1.71× | ||
| Q1 25 | 1.76× | 1.56× | ||
| Q4 24 | 5.70× | 2.30× | ||
| Q3 24 | 1.31× | 3.70× | ||
| Q2 24 | 1.50× | 1.83× | ||
| Q1 24 | 2.38× | 0.17× |
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
AVB
暂无分部数据
RHP
| Hotel Other | $157.7M | 21% |
| Gaylord Opryland | $147.4M | 20% |
| Hotel Transient Rooms | $93.6M | 13% |
| Hotel Food And Beverage Outlets | $92.2M | 12% |
| Gaylord Palms | $88.2M | 12% |
| Jw Marriott Hill Country | $53.7M | 7% |
| Entertainment Admissions And Ticketing | $43.1M | 6% |
| Entertainment Food And Beverage | $38.1M | 5% |
| Entertainment Retail And Other | $28.3M | 4% |
| Ac Hotel | $2.4M | 0% |
