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百通（BDC）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.的季度营收约是百通的1.0倍（$737.8M vs $720.1M），Ryman Hospitality Properties, Inc.净利率更高（10.1% vs 9.4%，领先0.7%），Ryman Hospitality Properties, Inc.同比增速更快（13.9% vs 8.1%），百通自由现金流更多（$121.3M vs $58.5M），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（18.2% vs 9.2%）
百通公司是美国上市跨国企业，专注于端到端网络、安全及连接产品的设计、生产与销售，业务覆盖工业自动化解决方案、智能建筑、宽带及5G三大核心领域，为各行业客户提供可靠的通信连接相关产品与服务。
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。
BDC vs RHP — 直观对比
营收规模更大
RHP
是对方的1.0倍
$720.1M
营收增速更快
RHP
高出5.8%
8.1%
净利率更高
RHP
高出0.7%
9.4%
自由现金流更多
BDC
多$62.7M
$58.5M
两年增速更快
RHP
近两年复合增速
9.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $720.1M | $737.8M |
| 净利润 | $67.9M | $74.5M |
| 毛利率 | 36.6% | 41.4% |
| 营业利润率 | 12.2% | 19.4% |
| 净利率 | 9.4% | 10.1% |
| 营收同比 | 8.1% | 13.9% |
| 净利润同比 | 16.3% | 3.0% |
| 每股收益（稀释后） | $1.70 | $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BDCRHP
| Q1 26 | $720.1M | — | ||
| Q4 25 | $720.1M | $737.8M | ||
| Q3 25 | $698.2M | $592.5M | ||
| Q2 25 | $672.0M | $659.5M | ||
| Q1 25 | $624.9M | $587.3M | ||
| Q4 24 | $666.0M | $647.6M | ||
| Q3 24 | $654.9M | $550.0M | ||
| Q2 24 | $604.3M | $613.3M |
净利润BDCRHP
| Q1 26 | $67.9M | — | ||
| Q4 25 | $67.9M | $74.5M | ||
| Q3 25 | $56.7M | $34.9M | ||
| Q2 25 | $61.0M | $71.8M | ||
| Q1 25 | $51.9M | $63.0M | ||
| Q4 24 | $58.4M | $72.3M | ||
| Q3 24 | $53.7M | $59.0M | ||
| Q2 24 | $49.0M | $100.8M |
毛利率BDCRHP
| Q1 26 | 36.6% | — | ||
| Q4 25 | 36.6% | 41.4% | ||
| Q3 25 | 37.7% | 40.9% | ||
| Q2 25 | 38.5% | 49.7% | ||
| Q1 25 | 39.3% | 44.4% | ||
| Q4 24 | 37.5% | 40.4% | ||
| Q3 24 | 37.3% | 43.1% | ||
| Q2 24 | 37.5% | 48.4% |
营业利润率BDCRHP
| Q1 26 | 12.2% | — | ||
| Q4 25 | 12.2% | 19.4% | ||
| Q3 25 | 10.9% | 15.0% | ||
| Q2 25 | 11.8% | 21.1% | ||
| Q1 25 | 11.6% | 19.8% | ||
| Q4 24 | 10.4% | 18.6% | ||
| Q3 24 | 11.5% | 19.3% | ||
| Q2 24 | 11.4% | 27.4% |
净利率BDCRHP
| Q1 26 | 9.4% | — | ||
| Q4 25 | 9.4% | 10.1% | ||
| Q3 25 | 8.1% | 5.9% | ||
| Q2 25 | 9.1% | 10.9% | ||
| Q1 25 | 8.3% | 10.7% | ||
| Q4 24 | 8.8% | 11.2% | ||
| Q3 24 | 8.2% | 10.7% | ||
| Q2 24 | 8.1% | 16.4% |
每股收益（稀释后）BDCRHP
| Q1 26 | $1.70 | — | ||
| Q4 25 | $1.70 | $1.12 | ||
| Q3 25 | $1.41 | $0.53 | ||
| Q2 25 | $1.53 | $1.12 | ||
| Q1 25 | $1.27 | $1.00 | ||
| Q4 24 | $1.41 | $1.12 | ||
| Q3 24 | $1.30 | $0.94 | ||
| Q2 24 | $1.19 | $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 | $389.9M | $471.4M |
| 总债务越低越好 | $1.3B | — |
| 股东权益账面价值 | $1.3B | $750.2M |
| 总资产 | — | $6.2B |
| 负债/权益比越低杠杆越低 | 1.02× | — |
8季度趋势，按日历期对齐
现金及短期投资BDCRHP
| Q1 26 | $389.9M | — | ||
| Q4 25 | $389.9M | $471.4M | ||
| Q3 25 | $314.3M | $483.3M | ||
| Q2 25 | $301.5M | $420.6M | ||
| Q1 25 | $259.0M | $413.9M | ||
| Q4 24 | $370.3M | $477.7M | ||
| Q3 24 | $323.0M | $534.9M | ||
| Q2 24 | $564.8M | $498.4M |
总债务BDCRHP
| Q1 26 | $1.3B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益BDCRHP
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $750.2M | ||
| Q3 25 | $1.2B | $758.5M | ||
| Q2 25 | $1.2B | $800.4M | ||
| Q1 25 | $1.2B | $531.5M | ||
| Q4 24 | $1.3B | $549.0M | ||
| Q3 24 | $1.2B | $551.9M | ||
| Q2 24 | $1.2B | $562.6M |
总资产BDCRHP
| Q1 26 | — | — | ||
| Q4 25 | $3.5B | $6.2B | ||
| Q3 25 | $3.4B | $6.2B | ||
| Q2 25 | $3.4B | $6.1B | ||
| Q1 25 | $3.3B | $5.2B | ||
| Q4 24 | $3.3B | $5.2B | ||
| Q3 24 | $3.3B | $5.2B | ||
| Q2 24 | $3.5B | $5.1B |
负债/权益比BDCRHP
| Q1 26 | 1.02× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $354.9M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $121.3M | $58.5M |
| 自由现金流率自由现金流/营收 | 16.8% | 7.9% |
| 资本支出强度资本支出/营收 | 18.9% | 14.4% |
| 现金转化率经营现金流/净利润 | 5.23× | 2.21× |
| 过去12个月自由现金流最近4个季度 | $364.7M | $232.4M |
8季度趋势，按日历期对齐
经营现金流BDCRHP
| Q1 26 | $354.9M | — | ||
| Q4 25 | $160.4M | $164.7M | ||
| Q3 25 | $105.0M | $205.2M | ||
| Q2 25 | $82.0M | $122.5M | ||
| Q1 25 | $7.4M | $98.2M | ||
| Q4 24 | $174.7M | $166.6M | ||
| Q3 24 | $91.7M | $218.1M | ||
| Q2 24 | $83.0M | $184.3M |
自由现金流BDCRHP
| Q1 26 | $121.3M | — | ||
| Q4 25 | $121.3M | $58.5M | ||
| Q3 25 | $65.3M | $135.4M | ||
| Q2 25 | $56.9M | $53.0M | ||
| Q1 25 | $-24.8M | $-14.5M | ||
| Q4 24 | $116.4M | $76.0M | ||
| Q3 24 | $67.2M | $85.7M | ||
| Q2 24 | $61.0M | $78.8M |
自由现金流率BDCRHP
| Q1 26 | 16.8% | — | ||
| Q4 25 | 16.8% | 7.9% | ||
| Q3 25 | 9.4% | 22.9% | ||
| Q2 25 | 8.5% | 8.0% | ||
| Q1 25 | -4.0% | -2.5% | ||
| Q4 24 | 17.5% | 11.7% | ||
| Q3 24 | 10.3% | 15.6% | ||
| Q2 24 | 10.1% | 12.9% |
资本支出强度BDCRHP
| Q1 26 | 18.9% | — | ||
| Q4 25 | 5.4% | 14.4% | ||
| Q3 25 | 5.7% | 11.8% | ||
| Q2 25 | 3.7% | 10.5% | ||
| Q1 25 | 5.2% | 19.2% | ||
| Q4 24 | 8.8% | 14.0% | ||
| Q3 24 | 3.7% | 24.1% | ||
| Q2 24 | 3.6% | 17.2% |
现金转化率BDCRHP
| Q1 26 | 5.23× | — | ||
| Q4 25 | 2.36× | 2.21× | ||
| Q3 25 | 1.85× | 5.88× | ||
| Q2 25 | 1.34× | 1.71× | ||
| Q1 25 | 0.14× | 1.56× | ||
| Q4 24 | 2.99× | 2.30× | ||
| Q3 24 | 1.71× | 3.70× | ||
| Q2 24 | 1.69× | 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
BDC
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% |
