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BRANDYWINE REALTY TRUST（BDN）与RCI HOSPITALITY HOLDINGS, INC.（RICK）财务数据对比。点击上方公司名可切换其他公司
BRANDYWINE REALTY TRUST的季度营收约是RCI HOSPITALITY HOLDINGS, INC.的1.8倍（$127.0M vs $70.9M），RCI HOSPITALITY HOLDINGS, INC.净利率更高（-7.8% vs -38.4%，领先30.7%），BRANDYWINE REALTY TRUST同比增速更快（4.5% vs -3.1%），过去两年BRANDYWINE REALTY TRUST的营收复合增速更高（0.7% vs -2.0%）
白兰地房地产信托是一家总部位于费城的房地产投资信托基金（REIT），核心投资方向为费城、华盛顿特区以及德克萨斯州奥斯汀的写字楼物业，是美国聚焦核心都市商务地产的专业REIT运营商。
RCI Hospitality控股通过子公司经营脱衣舞俱乐部、夜总会、运动酒吧与餐厅，同时还运营一家为成人俱乐部行业提供服务的传媒会展企业。公司于1995年完成首次公开募股上市，目前在纳斯达克全球市场挂牌交易。
BDN vs RICK — 直观对比
营收规模更大
BDN
是对方的1.8倍
$70.9M
营收增速更快
BDN
高出7.7%
-3.1%
净利率更高
RICK
高出30.7%
-38.4%
两年增速更快
BDN
近两年复合增速
-2.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $127.0M | $70.9M |
| 净利润 | $-48.8M | $-5.5M |
| 毛利率 | — | — |
| 营业利润率 | 1.2% | -0.7% |
| 净利率 | -38.4% | -7.8% |
| 营收同比 | 4.5% | -3.1% |
| 净利润同比 | -80.4% | -2354.9% |
| 每股收益（稀释后） | $-0.28 | $-0.60 |
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BDNRICK
| Q1 26 | $127.0M | — | ||
| Q4 25 | $121.0M | — | ||
| Q3 25 | $121.4M | $70.9M | ||
| Q2 25 | $120.6M | $71.1M | ||
| Q1 25 | $121.5M | $65.9M | ||
| Q4 24 | $121.9M | $71.5M | ||
| Q3 24 | $131.8M | $73.2M | ||
| Q2 24 | $125.3M | $76.2M |
净利润BDNRICK
| Q1 26 | $-48.8M | — | ||
| Q4 25 | $-36.7M | — | ||
| Q3 25 | $-25.9M | $-5.5M | ||
| Q2 25 | $-88.7M | $4.1M | ||
| Q1 25 | $-27.0M | $3.2M | ||
| Q4 24 | $-44.5M | $9.0M | ||
| Q3 24 | $-165.2M | $244.0K | ||
| Q2 24 | $30.2M | $-5.2M |
毛利率BDNRICK
| Q1 26 | — | — | ||
| Q4 25 | 61.3% | — | ||
| Q3 25 | 62.6% | — | ||
| Q2 25 | 62.4% | — | ||
| Q1 25 | 60.8% | — | ||
| Q4 24 | 61.2% | — | ||
| Q3 24 | 64.9% | — | ||
| Q2 24 | 63.1% | — |
营业利润率BDNRICK
| Q1 26 | 1.2% | — | ||
| Q4 25 | 22.8% | — | ||
| Q3 25 | 20.8% | -0.7% | ||
| Q2 25 | -34.3% | 12.2% | ||
| Q1 25 | 12.5% | 12.4% | ||
| Q4 24 | 18.0% | 19.5% | ||
| Q3 24 | -7.2% | 4.8% | ||
| Q2 24 | 15.5% | -3.3% |
净利率BDNRICK
| Q1 26 | -38.4% | — | ||
| Q4 25 | -30.3% | — | ||
| Q3 25 | -21.3% | -7.8% | ||
| Q2 25 | -73.5% | 5.7% | ||
| Q1 25 | -22.2% | 4.9% | ||
| Q4 24 | -36.5% | 12.6% | ||
| Q3 24 | -125.4% | 0.3% | ||
| Q2 24 | 24.1% | -6.9% |
每股收益（稀释后）BDNRICK
| Q1 26 | $-0.28 | — | ||
| Q4 25 | $-0.21 | — | ||
| Q3 25 | $-0.15 | $-0.60 | ||
| Q2 25 | $-0.51 | $0.46 | ||
| Q1 25 | $-0.16 | $0.36 | ||
| Q4 24 | $-0.25 | $1.01 | ||
| Q3 24 | $-0.96 | $0.04 | ||
| Q2 24 | $0.17 | $-0.56 |
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 | $36.2M | $33.7M |
| 总债务越低越好 | — | $238.2M |
| 股东权益账面价值 | — | $261.1M |
| 总资产 | $3.6B | $596.9M |
| 负债/权益比越低杠杆越低 | — | 0.91× |
8季度趋势，按日历期对齐
现金及短期投资BDNRICK
| Q1 26 | $36.2M | — | ||
| Q4 25 | $32.3M | — | ||
| Q3 25 | $75.5M | $33.7M | ||
| Q2 25 | $122.6M | $29.3M | ||
| Q1 25 | $29.4M | $32.7M | ||
| Q4 24 | $90.2M | $34.7M | ||
| Q3 24 | $36.5M | $32.4M | ||
| Q2 24 | $30.4M | $34.9M |
总债务BDNRICK
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | — | ||
| Q3 25 | $2.3B | $238.2M | ||
| Q2 25 | $2.3B | $243.8M | ||
| Q1 25 | $2.2B | $244.1M | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $2.3B | $241.1M | ||
| Q2 24 | $2.2B | — |
股东权益BDNRICK
| Q1 26 | — | — | ||
| Q4 25 | $792.7M | — | ||
| Q3 25 | $841.5M | $261.1M | ||
| Q2 25 | $879.8M | $269.5M | ||
| Q1 25 | $993.6M | $268.8M | ||
| Q4 24 | $1.0B | $269.0M | ||
| Q3 24 | $1.1B | $263.4M | ||
| Q2 24 | $1.3B | $271.2M |
总资产BDNRICK
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.6B | — | ||
| Q3 25 | $3.3B | $596.9M | ||
| Q2 25 | $3.4B | $597.4M | ||
| Q1 25 | $3.4B | $589.8M | ||
| Q4 24 | $3.5B | $586.2M | ||
| Q3 24 | $3.6B | $584.4M | ||
| Q2 24 | $3.8B | $601.0M |
负债/权益比BDNRICK
| Q1 26 | — | — | ||
| Q4 25 | 3.23× | — | ||
| Q3 25 | 2.70× | 0.91× | ||
| Q2 25 | 2.63× | 0.90× | ||
| Q1 25 | 2.23× | 0.91× | ||
| Q4 24 | 2.13× | — | ||
| Q3 24 | 2.06× | 0.92× | ||
| Q2 24 | 1.73× | — |
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 | — | $13.7M |
| 自由现金流经营现金流 - 资本支出 | — | $11.5M |
| 自由现金流率自由现金流/营收 | — | 16.2% |
| 资本支出强度资本支出/营收 | — | 3.2% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $34.9M |
8季度趋势，按日历期对齐
经营现金流BDNRICK
| Q1 26 | — | — | ||
| Q4 25 | $116.7M | — | ||
| Q3 25 | $47.5M | $13.7M | ||
| Q2 25 | $34.4M | $13.8M | ||
| Q1 25 | $6.3M | $8.5M | ||
| Q4 24 | $181.1M | $13.3M | ||
| Q3 24 | $52.2M | $15.7M | ||
| Q2 24 | $48.2M | $15.8M |
自由现金流BDNRICK
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $11.5M | ||
| Q2 25 | — | $10.1M | ||
| Q1 25 | — | $5.7M | ||
| Q4 24 | — | $7.6M | ||
| Q3 24 | — | $10.3M | ||
| Q2 24 | — | $9.3M |
自由现金流率BDNRICK
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 16.2% | ||
| Q2 25 | — | 14.2% | ||
| Q1 25 | — | 8.6% | ||
| Q4 24 | — | 10.6% | ||
| Q3 24 | — | 14.0% | ||
| Q2 24 | — | 12.3% |
资本支出强度BDNRICK
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 3.2% | ||
| Q2 25 | — | 5.2% | ||
| Q1 25 | — | 4.3% | ||
| Q4 24 | — | 8.0% | ||
| Q3 24 | — | 7.3% | ||
| Q2 24 | — | 8.4% |
现金转化率BDNRICK
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 3.40× | ||
| Q1 25 | — | 2.65× | ||
| Q4 24 | — | 1.48× | ||
| Q3 24 | — | 64.14× | ||
| Q2 24 | 1.60× | — |
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
BDN
| Rents | $120.7M | 95% |
| Third party management fees, labor reimbursement and leasing | $4.7M | 4% |
RICK
| Transferred At Point In Time | $60.8M | 86% |
| Food And Merchandise | $10.4M | 15% |
