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Brookdale Senior Living Inc.（BKD）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
Brookdale Senior Living Inc.的季度营收约是Ryman Hospitality Properties, Inc.的1.0倍（$754.1M vs $737.8M），Ryman Hospitality Properties, Inc.净利率更高（10.1% vs -5.3%，领先15.4%），Ryman Hospitality Properties, Inc.同比增速更快（13.9% vs -3.4%），Ryman Hospitality Properties, Inc.自由现金流更多（$58.5M vs $-29.1M），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（18.2% vs -1.9%）
布鲁克代尔老年生活公司成立于1978年，总部位于美国田纳西州布伦特伍德，是美国规模最大的老年住宅运营商，业务覆盖全美各地的养老社区，目前服务超过6万名入住老年人。
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。
BKD vs RHP — 直观对比
营收规模更大
BKD
是对方的1.0倍
$737.8M
营收增速更快
RHP
高出17.4%
-3.4%
净利率更高
RHP
高出15.4%
-5.3%
自由现金流更多
RHP
多$87.6M
$-29.1M
两年增速更快
RHP
近两年复合增速
-1.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $754.1M | $737.8M |
| 净利润 | $-40.0M | $74.5M |
| 毛利率 | 24.9% | 41.4% |
| 营业利润率 | 3.0% | 19.4% |
| 净利率 | -5.3% | 10.1% |
| 营收同比 | -3.4% | 13.9% |
| 净利润同比 | 52.4% | 3.0% |
| 每股收益（稀释后） | $-0.18 | $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BKDRHP
| Q4 25 | $754.1M | $737.8M | ||
| Q3 25 | $813.2M | $592.5M | ||
| Q2 25 | $812.9M | $659.5M | ||
| Q1 25 | $813.9M | $587.3M | ||
| Q4 24 | $780.9M | $647.6M | ||
| Q3 24 | $784.2M | $550.0M | ||
| Q2 24 | $777.5M | $613.3M | ||
| Q1 24 | $782.8M | $528.3M |
净利润BKDRHP
| Q4 25 | $-40.0M | $74.5M | ||
| Q3 25 | $-114.7M | $34.9M | ||
| Q2 25 | $-43.0M | $71.8M | ||
| Q1 25 | $-65.0M | $63.0M | ||
| Q4 24 | $-83.9M | $72.3M | ||
| Q3 24 | $-50.7M | $59.0M | ||
| Q2 24 | $-37.7M | $100.8M | ||
| Q1 24 | $-29.6M | $42.8M |
毛利率BKDRHP
| Q4 25 | 24.9% | 41.4% | ||
| Q3 25 | 25.9% | 40.9% | ||
| Q2 25 | 26.6% | 49.7% | ||
| Q1 25 | 27.4% | 44.4% | ||
| Q4 24 | 24.6% | 40.4% | ||
| Q3 24 | 25.3% | 43.1% | ||
| Q2 24 | 26.3% | 48.4% | ||
| Q1 24 | 26.1% | 41.5% |
营业利润率BKDRHP
| Q4 25 | 3.0% | 19.4% | ||
| Q3 25 | -6.6% | 15.0% | ||
| Q2 25 | 1.8% | 21.1% | ||
| Q1 25 | 3.6% | 19.8% | ||
| Q4 24 | -0.3% | 18.6% | ||
| Q3 24 | 1.3% | 19.3% | ||
| Q2 24 | 2.5% | 27.4% | ||
| Q1 24 | 2.5% | 18.2% |
净利率BKDRHP
| Q4 25 | -5.3% | 10.1% | ||
| Q3 25 | -14.1% | 5.9% | ||
| Q2 25 | -5.3% | 10.9% | ||
| Q1 25 | -8.0% | 10.7% | ||
| Q4 24 | -10.7% | 11.2% | ||
| Q3 24 | -6.5% | 10.7% | ||
| Q2 24 | -4.9% | 16.4% | ||
| Q1 24 | -3.8% | 8.1% |
每股收益（稀释后）BKDRHP
| Q4 25 | $-0.18 | $1.12 | ||
| Q3 25 | $-0.48 | $0.53 | ||
| Q2 25 | $-0.18 | $1.12 | ||
| Q1 25 | $-0.28 | $1.00 | ||
| Q4 24 | $-0.37 | $1.12 | ||
| Q3 24 | $-0.22 | $0.94 | ||
| Q2 24 | $-0.17 | $1.65 | ||
| Q1 24 | $-0.13 | $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 | $279.1M | $471.4M |
| 总债务越低越好 | $4.3B | — |
| 股东权益账面价值 | $-44.8M | $750.2M |
| 总资产 | $6.0B | $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BKDRHP
| Q4 25 | $279.1M | $471.4M | ||
| Q3 25 | $253.4M | $483.3M | ||
| Q2 25 | $251.9M | $420.6M | ||
| Q1 25 | $239.7M | $413.9M | ||
| Q4 24 | $328.8M | $477.7M | ||
| Q3 24 | $284.4M | $534.9M | ||
| Q2 24 | $309.7M | $498.4M | ||
| Q1 24 | $318.5M | $465.3M |
总债务BKDRHP
| Q4 25 | $4.3B | — | ||
| Q3 25 | $4.3B | — | ||
| Q2 25 | $4.3B | — | ||
| Q1 25 | $4.3B | — | ||
| Q4 24 | $4.1B | — | ||
| Q3 24 | $3.7B | — | ||
| Q2 24 | $3.7B | — | ||
| Q1 24 | $3.8B | — |
股东权益BKDRHP
| Q4 25 | $-44.8M | $750.2M | ||
| Q3 25 | $-6.7M | $758.5M | ||
| Q2 25 | $105.4M | $800.4M | ||
| Q1 25 | $146.7M | $531.5M | ||
| Q4 24 | $212.5M | $549.0M | ||
| Q3 24 | $292.9M | $551.9M | ||
| Q2 24 | $340.2M | $562.6M | ||
| Q1 24 | $374.0M | $529.9M |
总资产BKDRHP
| Q4 25 | $6.0B | $6.2B | ||
| Q3 25 | $6.0B | $6.2B | ||
| Q2 25 | $6.1B | $6.1B | ||
| Q1 25 | $6.2B | $5.2B | ||
| Q4 24 | $6.3B | $5.2B | ||
| Q3 24 | $5.9B | $5.2B | ||
| Q2 24 | $5.5B | $5.1B | ||
| Q1 24 | $5.5B | $5.1B |
负债/权益比BKDRHP
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 40.72× | — | ||
| Q1 25 | 29.39× | — | ||
| Q4 24 | 19.12× | — | ||
| Q3 24 | 12.65× | — | ||
| Q2 24 | 10.99× | — | ||
| Q1 24 | 10.05× | — |
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 | $34.5M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $-29.1M | $58.5M |
| 自由现金流率自由现金流/营收 | -3.9% | 7.9% |
| 资本支出强度资本支出/营收 | 8.4% | 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 | $16.5M | $232.4M |
8季度趋势，按日历期对齐
经营现金流BKDRHP
| Q4 25 | $34.5M | $164.7M | ||
| Q3 25 | $76.5M | $205.2M | ||
| Q2 25 | $83.6M | $122.5M | ||
| Q1 25 | $23.4M | $98.2M | ||
| Q4 24 | $45.2M | $166.6M | ||
| Q3 24 | $66.5M | $218.1M | ||
| Q2 24 | $55.7M | $184.3M | ||
| Q1 24 | $-1.1M | $7.5M |
自由现金流BKDRHP
| Q4 25 | $-29.1M | $58.5M | ||
| Q3 25 | $34.9M | $135.4M | ||
| Q2 25 | $29.1M | $53.0M | ||
| Q1 25 | $-18.4M | $-14.5M | ||
| Q4 24 | $-5.1M | $76.0M | ||
| Q3 24 | $11.5M | $85.7M | ||
| Q2 24 | $4.1M | $78.8M | ||
| Q1 24 | $-45.5M | $-72.0M |
自由现金流率BKDRHP
| Q4 25 | -3.9% | 7.9% | ||
| Q3 25 | 4.3% | 22.9% | ||
| Q2 25 | 3.6% | 8.0% | ||
| Q1 25 | -2.3% | -2.5% | ||
| Q4 24 | -0.7% | 11.7% | ||
| Q3 24 | 1.5% | 15.6% | ||
| Q2 24 | 0.5% | 12.9% | ||
| Q1 24 | -5.8% | -13.6% |
资本支出强度BKDRHP
| Q4 25 | 8.4% | 14.4% | ||
| Q3 25 | 5.1% | 11.8% | ||
| Q2 25 | 6.7% | 10.5% | ||
| Q1 25 | 5.1% | 19.2% | ||
| Q4 24 | 6.4% | 14.0% | ||
| Q3 24 | 7.0% | 24.1% | ||
| Q2 24 | 6.6% | 17.2% | ||
| Q1 24 | 5.7% | 15.0% |
现金转化率BKDRHP
| Q4 25 | — | 2.21× | ||
| Q3 25 | — | 5.88× | ||
| Q2 25 | — | 1.71× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 2.30× | ||
| Q3 24 | — | 3.70× | ||
| Q2 24 | — | 1.83× | ||
| Q1 24 | — | 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
BKD
| Assisted Living And Memory Care | $506.7M | 67% |
| Independent Living | $121.6M | 16% |
| Ccrcs Rental | $86.3M | 11% |
| Reimbursement Costs Managed Communities | $36.7M | 5% |
| Management Service | $2.9M | 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% |
