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BENCHMARK ELECTRONICS INC（BHE）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BENCHMARK ELECTRONICS INC的1.0倍（$737.8M vs $725.8M），Ryman Hospitality Properties, Inc.同比增速更快（13.9% vs 6.2%），Ryman Hospitality Properties, Inc.自由现金流更多（$58.5M vs $48.2M），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（18.2% vs 1.1%）
Benchmark Electronics Inc是总部位于美国亚利桑那州坦佩市的电子制造服务（EMS）、原始设计制造（ODM）及原始设备制造（OEM）企业，为客户提供专业的合同制造服务，业务覆盖全球多个区域的电子产业链需求。
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。
BHE vs RHP — 直观对比
营收规模更大
RHP
是对方的1.0倍
$725.8M
营收增速更快
RHP
高出7.7%
6.2%
自由现金流更多
RHP
多$10.3M
$48.2M
两年增速更快
RHP
近两年复合增速
1.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $725.8M | $737.8M |
| 净利润 | — | $74.5M |
| 毛利率 | 10.2% | 41.4% |
| 营业利润率 | 2.8% | 19.4% |
| 净利率 | — | 10.1% |
| 营收同比 | 6.2% | 13.9% |
| 净利润同比 | — | 3.0% |
| 每股收益（稀释后） | $0.16 | $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BHERHP
| Q4 25 | $725.8M | $737.8M | ||
| Q3 25 | $702.6M | $592.5M | ||
| Q2 25 | $665.7M | $659.5M | ||
| Q1 25 | $654.6M | $587.3M | ||
| Q4 24 | $683.6M | $647.6M | ||
| Q3 24 | $680.0M | $550.0M | ||
| Q2 24 | $686.7M | $613.3M | ||
| Q1 24 | $710.6M | $528.3M |
净利润BHERHP
| Q4 25 | — | $74.5M | ||
| Q3 25 | $14.3M | $34.9M | ||
| Q2 25 | $972.0K | $71.8M | ||
| Q1 25 | $3.6M | $63.0M | ||
| Q4 24 | — | $72.3M | ||
| Q3 24 | $15.4M | $59.0M | ||
| Q2 24 | $15.5M | $100.8M | ||
| Q1 24 | $14.0M | $42.8M |
毛利率BHERHP
| Q4 25 | 10.2% | 41.4% | ||
| Q3 25 | 9.7% | 40.9% | ||
| Q2 25 | 9.7% | 49.7% | ||
| Q1 25 | 9.7% | 44.4% | ||
| Q4 24 | 9.9% | 40.4% | ||
| Q3 24 | 9.8% | 43.1% | ||
| Q2 24 | 9.9% | 48.4% | ||
| Q1 24 | 9.5% | 41.5% |
营业利润率BHERHP
| Q4 25 | 2.8% | 19.4% | ||
| Q3 25 | 3.4% | 15.0% | ||
| Q2 25 | 3.1% | 21.1% | ||
| Q1 25 | 1.8% | 19.8% | ||
| Q4 24 | 4.2% | 18.6% | ||
| Q3 24 | 4.1% | 19.3% | ||
| Q2 24 | 4.0% | 27.4% | ||
| Q1 24 | 3.6% | 18.2% |
净利率BHERHP
| Q4 25 | — | 10.1% | ||
| Q3 25 | 2.0% | 5.9% | ||
| Q2 25 | 0.1% | 10.9% | ||
| Q1 25 | 0.6% | 10.7% | ||
| Q4 24 | — | 11.2% | ||
| Q3 24 | 2.3% | 10.7% | ||
| Q2 24 | 2.3% | 16.4% | ||
| Q1 24 | 2.0% | 8.1% |
每股收益（稀释后）BHERHP
| Q4 25 | $0.16 | $1.12 | ||
| Q3 25 | $0.39 | $0.53 | ||
| Q2 25 | $0.03 | $1.12 | ||
| Q1 25 | $0.10 | $1.00 | ||
| Q4 24 | $0.43 | $1.12 | ||
| Q3 24 | $0.42 | $0.94 | ||
| Q2 24 | $0.43 | $1.65 | ||
| Q1 24 | $0.38 | $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 | $322.1M | $471.4M |
| 总债务越低越好 | $206.8M | — |
| 股东权益账面价值 | $1.1B | $750.2M |
| 总资产 | $2.1B | $6.2B |
| 负债/权益比越低杠杆越低 | 0.19× | — |
8季度趋势，按日历期对齐
现金及短期投资BHERHP
| Q4 25 | $322.1M | $471.4M | ||
| Q3 25 | $285.4M | $483.3M | ||
| Q2 25 | $264.6M | $420.6M | ||
| Q1 25 | $355.3M | $413.9M | ||
| Q4 24 | $315.2M | $477.7M | ||
| Q3 24 | $324.4M | $534.9M | ||
| Q2 24 | $309.3M | $498.4M | ||
| Q1 24 | $296.1M | $465.3M |
总债务BHERHP
| Q4 25 | $206.8M | — | ||
| Q3 25 | $212.6M | — | ||
| Q2 25 | $203.4M | — | ||
| Q1 25 | $268.9M | — | ||
| Q4 24 | $250.5M | — | ||
| Q3 24 | $272.0M | — | ||
| Q2 24 | $283.6M | — | ||
| Q1 24 | $310.1M | — |
股东权益BHERHP
| Q4 25 | $1.1B | $750.2M | ||
| Q3 25 | $1.1B | $758.5M | ||
| Q2 25 | $1.1B | $800.4M | ||
| Q1 25 | $1.1B | $531.5M | ||
| Q4 24 | $1.1B | $549.0M | ||
| Q3 24 | $1.1B | $551.9M | ||
| Q2 24 | $1.1B | $562.6M | ||
| Q1 24 | $1.1B | $529.9M |
总资产BHERHP
| Q4 25 | $2.1B | $6.2B | ||
| Q3 25 | $2.1B | $6.2B | ||
| Q2 25 | $2.0B | $6.1B | ||
| Q1 25 | $2.1B | $5.2B | ||
| Q4 24 | $2.1B | $5.2B | ||
| Q3 24 | $2.1B | $5.2B | ||
| Q2 24 | $2.2B | $5.1B | ||
| Q1 24 | $2.2B | $5.1B |
负债/权益比BHERHP
| Q4 25 | 0.19× | — | ||
| Q3 25 | 0.19× | — | ||
| Q2 25 | 0.18× | — | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.23× | — | ||
| Q3 24 | 0.25× | — | ||
| Q2 24 | 0.26× | — | ||
| Q1 24 | 0.29× | — |
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 | $58.7M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $48.2M | $58.5M |
| 自由现金流率自由现金流/营收 | 6.6% | 7.9% |
| 资本支出强度资本支出/营收 | 1.4% | 14.4% |
| 现金转化率经营现金流/净利润 | — | 2.21× |
| 过去12个月自由现金流最近4个季度 | $88.4M | $232.4M |
8季度趋势，按日历期对齐
经营现金流BHERHP
| Q4 25 | $58.7M | $164.7M | ||
| Q3 25 | $36.6M | $205.2M | ||
| Q2 25 | $-2.8M | $122.5M | ||
| Q1 25 | $31.5M | $98.2M | ||
| Q4 24 | $45.9M | $166.6M | ||
| Q3 24 | $39.0M | $218.1M | ||
| Q2 24 | $55.8M | $184.3M | ||
| Q1 24 | $48.5M | $7.5M |
自由现金流BHERHP
| Q4 25 | $48.2M | $58.5M | ||
| Q3 25 | $25.8M | $135.4M | ||
| Q2 25 | $-13.8M | $53.0M | ||
| Q1 25 | $28.1M | $-14.5M | ||
| Q4 24 | $37.2M | $76.0M | ||
| Q3 24 | $29.2M | $85.7M | ||
| Q2 24 | $48.2M | $78.8M | ||
| Q1 24 | $43.3M | $-72.0M |
自由现金流率BHERHP
| Q4 25 | 6.6% | 7.9% | ||
| Q3 25 | 3.7% | 22.9% | ||
| Q2 25 | -2.1% | 8.0% | ||
| Q1 25 | 4.3% | -2.5% | ||
| Q4 24 | 5.4% | 11.7% | ||
| Q3 24 | 4.3% | 15.6% | ||
| Q2 24 | 7.0% | 12.9% | ||
| Q1 24 | 6.1% | -13.6% |
资本支出强度BHERHP
| Q4 25 | 1.4% | 14.4% | ||
| Q3 25 | 1.5% | 11.8% | ||
| Q2 25 | 1.7% | 10.5% | ||
| Q1 25 | 0.5% | 19.2% | ||
| Q4 24 | 1.3% | 14.0% | ||
| Q3 24 | 1.4% | 24.1% | ||
| Q2 24 | 1.1% | 17.2% | ||
| Q1 24 | 0.7% | 15.0% |
现金转化率BHERHP
| Q4 25 | — | 2.21× | ||
| Q3 25 | 2.57× | 5.88× | ||
| Q2 25 | -2.90× | 1.71× | ||
| Q1 25 | 8.65× | 1.56× | ||
| Q4 24 | — | 2.30× | ||
| Q3 24 | 2.54× | 3.70× | ||
| Q2 24 | 3.59× | 1.83× | ||
| Q1 24 | 3.46× | 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
BHE
| Other | $384.9M | 53% |
| Aerospace And Defense Sector | $107.6M | 15% |
| Healthcare Sector | $81.7M | 11% |
| Advanced Computing And Communications Sector | $70.0M | 10% |
| Semi Cap Sector | $45.4M | 6% |
| Industrial Sector | $25.2M | 3% |
| Intersegment Sales | $11.0M | 2% |
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% |
