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BOISE CASCADE Co（BCC）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
BOISE CASCADE Co的季度营收约是Ryman Hospitality Properties, Inc.的2.0倍（$1.5B vs $737.8M），Ryman Hospitality Properties, Inc.净利率更高（10.1% vs 0.6%，领先9.5%），Ryman Hospitality Properties, Inc.同比增速更快（13.9% vs -6.8%），BOISE CASCADE Co自由现金流更多（$77.0M vs $58.5M），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（18.2% vs -5.8%）
博伊西卡斯卡德公司是总部位于美国爱达荷州博伊西的企业，主营木制品制造与建筑材料批发分销业务，产品覆盖各类建筑用木材及相关建材，为建筑行业客户提供稳定的供应链支持。
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。
BCC vs RHP — 直观对比
营收规模更大
BCC
是对方的2.0倍
$737.8M
营收增速更快
RHP
高出20.8%
-6.8%
净利率更高
RHP
高出9.5%
0.6%
自由现金流更多
BCC
多$18.5M
$58.5M
两年增速更快
RHP
近两年复合增速
-5.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $737.8M |
| 净利润 | $8.7M | $74.5M |
| 毛利率 | — | 41.4% |
| 营业利润率 | 1.1% | 19.4% |
| 净利率 | 0.6% | 10.1% |
| 营收同比 | -6.8% | 13.9% |
| 净利润同比 | -87.3% | 3.0% |
| 每股收益（稀释后） | $0.25 | $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BCCRHP
| Q4 25 | $1.5B | $737.8M | ||
| Q3 25 | $1.7B | $592.5M | ||
| Q2 25 | $1.7B | $659.5M | ||
| Q1 25 | $1.5B | $587.3M | ||
| Q4 24 | $1.6B | $647.6M | ||
| Q3 24 | $1.7B | $550.0M | ||
| Q2 24 | $1.8B | $613.3M | ||
| Q1 24 | $1.6B | $528.3M |
净利润BCCRHP
| Q4 25 | $8.7M | $74.5M | ||
| Q3 25 | $21.8M | $34.9M | ||
| Q2 25 | $62.0M | $71.8M | ||
| Q1 25 | $40.3M | $63.0M | ||
| Q4 24 | $68.9M | $72.3M | ||
| Q3 24 | $91.0M | $59.0M | ||
| Q2 24 | $112.3M | $100.8M | ||
| Q1 24 | $104.1M | $42.8M |
毛利率BCCRHP
| 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% |
营业利润率BCCRHP
| Q4 25 | 1.1% | 19.4% | ||
| Q3 25 | 1.9% | 15.0% | ||
| Q2 25 | 4.6% | 21.1% | ||
| Q1 25 | 3.5% | 19.8% | ||
| Q4 24 | 5.9% | 18.6% | ||
| Q3 24 | 6.8% | 19.3% | ||
| Q2 24 | 8.2% | 27.4% | ||
| Q1 24 | 8.1% | 18.2% |
净利率BCCRHP
| Q4 25 | 0.6% | 10.1% | ||
| Q3 25 | 1.3% | 5.9% | ||
| Q2 25 | 3.6% | 10.9% | ||
| Q1 25 | 2.6% | 10.7% | ||
| Q4 24 | 4.4% | 11.2% | ||
| Q3 24 | 5.3% | 10.7% | ||
| Q2 24 | 6.2% | 16.4% | ||
| Q1 24 | 6.3% | 8.1% |
每股收益（稀释后）BCCRHP
| Q4 25 | $0.25 | $1.12 | ||
| Q3 25 | $0.58 | $0.53 | ||
| Q2 25 | $1.64 | $1.12 | ||
| Q1 25 | $1.06 | $1.00 | ||
| Q4 24 | $1.79 | $1.12 | ||
| Q3 24 | $2.33 | $0.94 | ||
| Q2 24 | $2.84 | $1.65 | ||
| Q1 24 | $2.61 | $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 | $477.2M | $471.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.1B | $750.2M |
| 总资产 | $3.2B | $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BCCRHP
| Q4 25 | $477.2M | $471.4M | ||
| Q3 25 | $511.8M | $483.3M | ||
| Q2 25 | $481.0M | $420.6M | ||
| Q1 25 | $561.8M | $413.9M | ||
| Q4 24 | $713.3M | $477.7M | ||
| Q3 24 | $761.6M | $534.9M | ||
| Q2 24 | $922.1M | $498.4M | ||
| Q1 24 | $890.2M | $465.3M |
股东权益BCCRHP
| Q4 25 | $2.1B | $750.2M | ||
| Q3 25 | $2.1B | $758.5M | ||
| Q2 25 | $2.2B | $800.4M | ||
| Q1 25 | $2.1B | $531.5M | ||
| Q4 24 | $2.2B | $549.0M | ||
| Q3 24 | $2.1B | $551.9M | ||
| Q2 24 | $2.3B | $562.6M | ||
| Q1 24 | $2.3B | $529.9M |
总资产BCCRHP
| Q4 25 | $3.2B | $6.2B | ||
| Q3 25 | $3.4B | $6.2B | ||
| Q2 25 | $3.4B | $6.1B | ||
| Q1 25 | $3.5B | $5.2B | ||
| Q4 24 | $3.4B | $5.2B | ||
| Q3 24 | $3.4B | $5.2B | ||
| Q2 24 | $3.7B | $5.1B | ||
| Q1 24 | $3.6B | $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 | $131.0M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $77.0M | $58.5M |
| 自由现金流率自由现金流/营收 | 5.3% | 7.9% |
| 资本支出强度资本支出/营收 | 3.7% | 14.4% |
| 现金转化率经营现金流/净利润 | 15.00× | 2.21× |
| 过去12个月自由现金流最近4个季度 | $12.7M | $232.4M |
8季度趋势，按日历期对齐
经营现金流BCCRHP
| Q4 25 | $131.0M | $164.7M | ||
| Q3 25 | $118.4M | $205.2M | ||
| Q2 25 | $33.2M | $122.5M | ||
| Q1 25 | $-28.5M | $98.2M | ||
| Q4 24 | $94.6M | $166.6M | ||
| Q3 24 | $174.6M | $218.1M | ||
| Q2 24 | $141.7M | $184.3M | ||
| Q1 24 | $27.5M | $7.5M |
自由现金流BCCRHP
| Q4 25 | $77.0M | $58.5M | ||
| Q3 25 | $63.2M | $135.4M | ||
| Q2 25 | $-45.9M | $53.0M | ||
| Q1 25 | $-81.7M | $-14.5M | ||
| Q4 24 | $759.0K | $76.0M | ||
| Q3 24 | $112.9M | $85.7M | ||
| Q2 24 | $101.9M | $78.8M | ||
| Q1 24 | $-6.9M | $-72.0M |
自由现金流率BCCRHP
| Q4 25 | 5.3% | 7.9% | ||
| Q3 25 | 3.8% | 22.9% | ||
| Q2 25 | -2.6% | 8.0% | ||
| Q1 25 | -5.3% | -2.5% | ||
| Q4 24 | 0.0% | 11.7% | ||
| Q3 24 | 6.6% | 15.6% | ||
| Q2 24 | 5.7% | 12.9% | ||
| Q1 24 | -0.4% | -13.6% |
资本支出强度BCCRHP
| Q4 25 | 3.7% | 14.4% | ||
| Q3 25 | 3.3% | 11.8% | ||
| Q2 25 | 4.5% | 10.5% | ||
| Q1 25 | 3.5% | 19.2% | ||
| Q4 24 | 6.0% | 14.0% | ||
| Q3 24 | 3.6% | 24.1% | ||
| Q2 24 | 2.2% | 17.2% | ||
| Q1 24 | 2.1% | 15.0% |
现金转化率BCCRHP
| Q4 25 | 15.00× | 2.21× | ||
| Q3 25 | 5.44× | 5.88× | ||
| Q2 25 | 0.54× | 1.71× | ||
| Q1 25 | -0.71× | 1.56× | ||
| Q4 24 | 1.37× | 2.30× | ||
| Q3 24 | 1.92× | 3.70× | ||
| Q2 24 | 1.26× | 1.83× | ||
| Q1 24 | 0.26× | 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
BCC
| General Line | $626.6M | 43% |
| Commodity Product Line | $479.9M | 33% |
| Engineered Wood Products | $256.6M | 18% |
| Plywood And Veneer | $53.3M | 4% |
| Lumber | $10.1M | 1% |
| Laminated Veneer Lumber | $8.9M | 1% |
| Other Wood Products | $4.7M | 0% |
| Other Engineered Wood Products | $3.5M | 0% |
| Ijoists | $3.3M | 0% |
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% |
