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AZZ INC（AZZ）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
Ryman Hospitality Properties, Inc.的季度营收约是AZZ INC的1.9倍（$737.8M vs $385.1M），Ryman Hospitality Properties, Inc.净利率更高（10.1% vs 4.1%，领先6.0%），Ryman Hospitality Properties, Inc.同比增速更快（13.9% vs 9.4%），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（18.2% vs -3.5%）
AZZ公司是全球领先的金属防护解决方案供应商，主营热浸镀锌、表面涂层处理服务及特种电气、工业零部件，主要服务于北美及其他核心国际市场的建筑、能源、基建、制造等下游领域。
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。
AZZ vs RHP — 直观对比
营收规模更大
RHP
是对方的1.9倍
$385.1M
营收增速更快
RHP
高出4.5%
9.4%
净利率更高
RHP
高出6.0%
4.1%
两年增速更快
RHP
近两年复合增速
-3.5%
损益表 — Q4 FY2027 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $385.1M | $737.8M |
| 净利润 | $15.9M | $74.5M |
| 毛利率 | 22.7% | 41.4% |
| 营业利润率 | 14.8% | 19.4% |
| 净利率 | 4.1% | 10.1% |
| 营收同比 | 9.4% | 13.9% |
| 净利润同比 | 146.3% | 3.0% |
| 每股收益（稀释后） | $0.53 | $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
营收AZZRHP
| Q4 26 | $385.1M | — | ||
| Q4 25 | $425.7M | $737.8M | ||
| Q3 25 | $417.3M | $592.5M | ||
| Q2 25 | $422.0M | $659.5M | ||
| Q1 25 | $351.9M | $587.3M | ||
| Q4 24 | $403.7M | $647.6M | ||
| Q3 24 | $409.0M | $550.0M | ||
| Q2 24 | $413.2M | $613.3M |
净利润AZZRHP
| Q4 26 | $15.9M | — | ||
| Q4 25 | $41.1M | $74.5M | ||
| Q3 25 | $89.3M | $34.9M | ||
| Q2 25 | $170.9M | $71.8M | ||
| Q1 25 | $20.2M | $63.0M | ||
| Q4 24 | $33.6M | $72.3M | ||
| Q3 24 | $35.4M | $59.0M | ||
| Q2 24 | $39.6M | $100.8M |
毛利率AZZRHP
| Q4 26 | 22.7% | — | ||
| Q4 25 | 23.9% | 41.4% | ||
| Q3 25 | 24.3% | 40.9% | ||
| Q2 25 | 24.7% | 49.7% | ||
| Q1 25 | 22.4% | 44.4% | ||
| Q4 24 | 24.2% | 40.4% | ||
| Q3 24 | 25.3% | 43.1% | ||
| Q2 24 | 24.8% | 48.4% |
营业利润率AZZRHP
| Q4 26 | 14.8% | — | ||
| Q4 25 | 16.3% | 19.4% | ||
| Q3 25 | 16.4% | 15.0% | ||
| Q2 25 | 16.5% | 21.1% | ||
| Q1 25 | 11.5% | 19.8% | ||
| Q4 24 | 14.5% | 18.6% | ||
| Q3 24 | 16.5% | 19.3% | ||
| Q2 24 | 16.9% | 27.4% |
净利率AZZRHP
| Q4 26 | 4.1% | — | ||
| Q4 25 | 9.6% | 10.1% | ||
| Q3 25 | 21.4% | 5.9% | ||
| Q2 25 | 40.5% | 10.9% | ||
| Q1 25 | 5.7% | 10.7% | ||
| Q4 24 | 8.3% | 11.2% | ||
| Q3 24 | 8.7% | 10.7% | ||
| Q2 24 | 9.6% | 16.4% |
每股收益（稀释后）AZZRHP
| Q4 26 | $0.53 | — | ||
| Q4 25 | $1.36 | $1.12 | ||
| Q3 25 | $2.95 | $0.53 | ||
| Q2 25 | $5.66 | $1.12 | ||
| Q1 25 | $0.87 | $1.00 | ||
| Q4 24 | $1.12 | $1.12 | ||
| Q3 24 | $1.18 | $0.94 | ||
| Q2 24 | $-1.38 | $1.65 |
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 | — | $471.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.3B | $750.2M |
| 总资产 | $2.2B | $6.2B |
| 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AZZRHP
| Q4 26 | — | — | ||
| Q4 25 | $623.0K | $471.4M | ||
| Q3 25 | $897.0K | $483.3M | ||
| Q2 25 | $3.0M | $420.6M | ||
| Q1 25 | $1.5M | $413.9M | ||
| Q4 24 | $1.5M | $477.7M | ||
| Q3 24 | $2.2M | $534.9M | ||
| Q2 24 | $10.5M | $498.4M |
股东权益AZZRHP
| Q4 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $750.2M | ||
| Q3 25 | $1.3B | $758.5M | ||
| Q2 25 | $1.2B | $800.4M | ||
| Q1 25 | $1.0B | $531.5M | ||
| Q4 24 | $1.0B | $549.0M | ||
| Q3 24 | $999.8M | $551.9M | ||
| Q2 24 | $967.2M | $562.6M |
总资产AZZRHP
| Q4 26 | $2.2B | — | ||
| Q4 25 | $2.2B | $6.2B | ||
| Q3 25 | $2.2B | $6.2B | ||
| Q2 25 | $2.2B | $6.1B | ||
| Q1 25 | $2.2B | $5.2B | ||
| Q4 24 | $2.2B | $5.2B | ||
| Q3 24 | $2.2B | $5.2B | ||
| Q2 24 | $2.2B | $5.1B |
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 | $525.4M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | — | $58.5M |
| 自由现金流率自由现金流/营收 | — | 7.9% |
| 资本支出强度资本支出/营收 | — | 14.4% |
| 现金转化率经营现金流/净利润 | 32.98× | 2.21× |
| 过去12个月自由现金流最近4个季度 | — | $232.4M |
8季度趋势，按日历期对齐
经营现金流AZZRHP
| Q4 26 | $525.4M | — | ||
| Q4 25 | $79.7M | $164.7M | ||
| Q3 25 | $58.4M | $205.2M | ||
| Q2 25 | $314.8M | $122.5M | ||
| Q1 25 | — | $98.2M | ||
| Q4 24 | $66.2M | $166.6M | ||
| Q3 24 | $47.5M | $218.1M | ||
| Q2 24 | $71.9M | $184.3M |
自由现金流AZZRHP
| Q4 26 | — | — | ||
| Q4 25 | $61.2M | $58.5M | ||
| Q3 25 | $39.1M | $135.4M | ||
| Q2 25 | $293.9M | $53.0M | ||
| Q1 25 | — | $-14.5M | ||
| Q4 24 | $39.7M | $76.0M | ||
| Q3 24 | $15.4M | $85.7M | ||
| Q2 24 | $44.5M | $78.8M |
自由现金流率AZZRHP
| Q4 26 | — | — | ||
| Q4 25 | 14.4% | 7.9% | ||
| Q3 25 | 9.4% | 22.9% | ||
| Q2 25 | 69.6% | 8.0% | ||
| Q1 25 | — | -2.5% | ||
| Q4 24 | 9.8% | 11.7% | ||
| Q3 24 | 3.8% | 15.6% | ||
| Q2 24 | 10.8% | 12.9% |
资本支出强度AZZRHP
| Q4 26 | — | — | ||
| Q4 25 | 4.4% | 14.4% | ||
| Q3 25 | 4.6% | 11.8% | ||
| Q2 25 | 5.0% | 10.5% | ||
| Q1 25 | 8.5% | 19.2% | ||
| Q4 24 | 6.6% | 14.0% | ||
| Q3 24 | 7.8% | 24.1% | ||
| Q2 24 | 6.6% | 17.2% |
现金转化率AZZRHP
| Q4 26 | 32.98× | — | ||
| Q4 25 | 1.94× | 2.21× | ||
| Q3 25 | 0.65× | 5.88× | ||
| Q2 25 | 1.84× | 1.71× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | 1.97× | 2.30× | ||
| Q3 24 | 1.34× | 3.70× | ||
| Q2 24 | 1.82× | 1.83× |
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
AZZ
| Precoat Metals | $198.6M | 52% |
| Metal Coatings | $186.5M | 48% |
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% |
