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Braemar Hotels & Resorts Inc.（BHR）与LiveRamp Holdings, Inc.（RAMP）财务数据对比。点击上方公司名可切换其他公司
LiveRamp Holdings, Inc.的季度营收约是Braemar Hotels & Resorts Inc.的1.3倍（$212.2M vs $165.6M），LiveRamp Holdings, Inc.净利率更高（18.8% vs -20.3%，领先39.1%），LiveRamp Holdings, Inc.同比增速更快（8.6% vs -4.5%），过去两年LiveRamp Holdings, Inc.的营收复合增速更高（11.1% vs -13.1%）
Braemar Hotels & Resorts Inc.是一家主打高端奢华酒店及度假村持有运营的房地产投资信托，主要布局美国市场，服务高端休闲旅客、企业活动主办方及商务差旅群体，通过住宿预订、配套消费及活动承办获得收益。
LiveRamp Holdings, Inc.是一家美国SaaS企业，核心业务为提供数据连接平台，服务涵盖数据导入、线下数据线上迁移等能力，助力企业开展营销相关的数据应用，为品牌及营销从业者的数字化运营提供技术支撑。
BHR vs RAMP — 直观对比
营收规模更大
RAMP
是对方的1.3倍
$165.6M
营收增速更快
RAMP
高出13.1%
-4.5%
净利率更高
RAMP
高出39.1%
-20.3%
两年增速更快
RAMP
近两年复合增速
-13.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $165.6M | $212.2M |
| 净利润 | $-33.6M | $39.9M |
| 毛利率 | — | 71.9% |
| 营业利润率 | -7.3% | 18.6% |
| 净利率 | -20.3% | 18.8% |
| 营收同比 | -4.5% | 8.6% |
| 净利润同比 | -80.1% | 255.7% |
| 每股收益（稀释后） | $-0.67 | $0.62 |
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BHRRAMP
| Q4 25 | $165.6M | $212.2M | ||
| Q3 25 | $143.6M | $199.8M | ||
| Q2 25 | $179.1M | $194.8M | ||
| Q1 25 | $215.8M | $188.7M | ||
| Q4 24 | $173.3M | $195.4M | ||
| Q3 24 | $148.4M | $185.5M | ||
| Q2 24 | $187.6M | $176.0M | ||
| Q1 24 | $219.1M | $171.9M |
净利润BHRRAMP
| Q4 25 | $-33.6M | $39.9M | ||
| Q3 25 | $5.7M | $27.4M | ||
| Q2 25 | $-5.5M | $7.7M | ||
| Q1 25 | $11.0M | $-6.3M | ||
| Q4 24 | $-18.7M | $11.2M | ||
| Q3 24 | $12.6M | $1.7M | ||
| Q2 24 | $-11.6M | $-7.5M | ||
| Q1 24 | $15.9M | $-5.4M |
毛利率BHRRAMP
| Q4 25 | — | 71.9% | ||
| Q3 25 | — | 70.2% | ||
| Q2 25 | — | 70.1% | ||
| Q1 25 | — | 69.3% | ||
| Q4 24 | — | 71.9% | ||
| Q3 24 | — | 72.4% | ||
| Q2 24 | — | 70.6% | ||
| Q1 24 | — | 72.2% |
营业利润率BHRRAMP
| Q4 25 | -7.3% | 18.6% | ||
| Q3 25 | 20.8% | 10.7% | ||
| Q2 25 | 10.0% | 3.7% | ||
| Q1 25 | 17.0% | -6.1% | ||
| Q4 24 | 2.2% | 7.5% | ||
| Q3 24 | 47.4% | 4.0% | ||
| Q2 24 | 6.5% | -3.0% | ||
| Q1 24 | 19.4% | -8.3% |
净利率BHRRAMP
| Q4 25 | -20.3% | 18.8% | ||
| Q3 25 | 4.0% | 13.7% | ||
| Q2 25 | -3.1% | 4.0% | ||
| Q1 25 | 5.1% | -3.3% | ||
| Q4 24 | -10.8% | 5.7% | ||
| Q3 24 | 8.5% | 0.9% | ||
| Q2 24 | -6.2% | -4.3% | ||
| Q1 24 | 7.3% | -3.1% |
每股收益（稀释后）BHRRAMP
| Q4 25 | $-0.67 | $0.62 | ||
| Q3 25 | $-0.12 | $0.42 | ||
| Q2 25 | $-0.24 | $0.12 | ||
| Q1 25 | $-0.04 | $-0.10 | ||
| Q4 24 | $-0.47 | $0.17 | ||
| Q3 24 | $-0.02 | $0.03 | ||
| Q2 24 | $-0.33 | $-0.11 | ||
| Q1 24 | $0.05 | $-0.09 |
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 | $124.4M | $403.4M |
| 总债务越低越好 | $1.1B | — |
| 股东权益账面价值 | $138.7M | $962.3M |
| 总资产 | $1.9B | $1.3B |
| 负债/权益比越低杠杆越低 | 7.96× | — |
8季度趋势，按日历期对齐
现金及短期投资BHRRAMP
| Q4 25 | $124.4M | $403.4M | ||
| Q3 25 | $116.3M | $376.9M | ||
| Q2 25 | $80.2M | $371.1M | ||
| Q1 25 | $81.7M | $420.8M | ||
| Q4 24 | $135.5M | $384.3M | ||
| Q3 24 | $168.7M | $348.4M | ||
| Q2 24 | $114.6M | $342.7M | ||
| Q1 24 | $137.1M | $368.9M |
总债务BHRRAMP
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $1.2B | — |
股东权益BHRRAMP
| Q4 25 | $138.7M | $962.3M | ||
| Q3 25 | $211.9M | $943.8M | ||
| Q2 25 | $225.1M | $947.8M | ||
| Q1 25 | $238.9M | $948.9M | ||
| Q4 24 | $240.7M | $957.7M | ||
| Q3 24 | $276.9M | $932.1M | ||
| Q2 24 | $282.3M | $951.9M | ||
| Q1 24 | $307.3M | $949.1M |
总资产BHRRAMP
| Q4 25 | $1.9B | $1.3B | ||
| Q3 25 | $2.0B | $1.2B | ||
| Q2 25 | $2.1B | $1.2B | ||
| Q1 25 | $2.1B | $1.3B | ||
| Q4 24 | $2.1B | $1.3B | ||
| Q3 24 | $2.2B | $1.2B | ||
| Q2 24 | $2.2B | $1.2B | ||
| Q1 24 | $2.3B | $1.2B |
负债/权益比BHRRAMP
| Q4 25 | 7.96× | — | ||
| Q3 25 | 5.50× | — | ||
| Q2 25 | 5.38× | — | ||
| Q1 25 | 5.03× | — | ||
| Q4 24 | 5.03× | — | ||
| Q3 24 | 4.36× | — | ||
| Q2 24 | 4.00× | — | ||
| Q1 24 | 3.98× | — |
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 | $40.8M | — |
| 自由现金流经营现金流 - 资本支出 | $-37.1M | — |
| 自由现金流率自由现金流/营收 | -22.4% | — |
| 资本支出强度资本支出/营收 | 47.1% | 0.1% |
| 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 | $-59.2M | — |
8季度趋势，按日历期对齐
经营现金流BHRRAMP
| Q4 25 | $40.8M | — | ||
| Q3 25 | $-5.8M | $57.4M | ||
| Q2 25 | $23.0M | $-15.8M | ||
| Q1 25 | $15.1M | — | ||
| Q4 24 | $66.8M | $45.1M | ||
| Q3 24 | $9.0K | $55.6M | ||
| Q2 24 | $24.1M | $-9.3M | ||
| Q1 24 | $36.0M | — |
自由现金流BHRRAMP
| Q4 25 | $-37.1M | — | ||
| Q3 25 | $-27.3M | $56.8M | ||
| Q2 25 | $5.3M | $-16.2M | ||
| Q1 25 | $-159.0K | — | ||
| Q4 24 | $-3.8M | $44.8M | ||
| Q3 24 | $-15.6M | $55.4M | ||
| Q2 24 | $8.2M | $-9.6M | ||
| Q1 24 | $12.7M | — |
自由现金流率BHRRAMP
| Q4 25 | -22.4% | — | ||
| Q3 25 | -19.0% | 28.4% | ||
| Q2 25 | 3.0% | -8.3% | ||
| Q1 25 | -0.1% | — | ||
| Q4 24 | -2.2% | 22.9% | ||
| Q3 24 | -10.5% | 29.8% | ||
| Q2 24 | 4.4% | -5.4% | ||
| Q1 24 | 5.8% | — |
资本支出强度BHRRAMP
| Q4 25 | 47.1% | 0.1% | ||
| Q3 25 | 15.0% | 0.3% | ||
| Q2 25 | 9.9% | 0.2% | ||
| Q1 25 | 7.1% | 0.2% | ||
| Q4 24 | 40.7% | 0.1% | ||
| Q3 24 | 10.5% | 0.1% | ||
| Q2 24 | 8.5% | 0.1% | ||
| Q1 24 | 10.7% | 1.0% |
现金转化率BHRRAMP
| Q4 25 | — | — | ||
| Q3 25 | -1.00× | 2.09× | ||
| Q2 25 | — | -2.04× | ||
| Q1 25 | 1.38× | — | ||
| Q4 24 | — | 4.02× | ||
| Q3 24 | 0.00× | 32.10× | ||
| Q2 24 | — | — | ||
| Q1 24 | 2.26× | — |
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
BHR
| Occupancy | $97.4M | 59% |
| Food And Beverage | $45.5M | 28% |
| Hotel Other | $22.6M | 14% |
RAMP
暂无分部数据
