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BRADY CORP（BRC）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BRADY CORP的1.8倍（$737.8M vs $405.3M），BRADY CORP净利率更高（13.3% vs 10.1%，领先3.2%），Ryman Hospitality Properties, Inc.同比增速更快（13.9% vs 7.5%），Ryman Hospitality Properties, Inc.自由现金流更多（$58.5M vs $22.4M），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（18.2% vs 12.1%）
布雷迪公司是美国特种产品、技术设备及标识解决方案供应商，1914年创立，总部位于威斯康星州密尔沃基，在美洲、欧洲、亚洲、澳洲拥有6600名员工，业务覆盖全球，为各行业客户提供工作场景所需的零部件标识相关产品与服务。
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。
BRC vs RHP — 直观对比
营收规模更大
RHP
是对方的1.8倍
$405.3M
营收增速更快
RHP
高出6.4%
7.5%
净利率更高
BRC
高出3.2%
10.1%
自由现金流更多
RHP
多$36.2M
$22.4M
两年增速更快
RHP
近两年复合增速
12.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $405.3M | $737.8M |
| 净利润 | $53.9M | $74.5M |
| 毛利率 | 51.5% | 41.4% |
| 营业利润率 | 16.8% | 19.4% |
| 净利率 | 13.3% | 10.1% |
| 营收同比 | 7.5% | 13.9% |
| 净利润同比 | 15.3% | 3.0% |
| 每股收益（稀释后） | — | $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BRCRHP
| Q4 25 | $405.3M | $737.8M | ||
| Q3 25 | $397.3M | $592.5M | ||
| Q2 25 | $382.6M | $659.5M | ||
| Q1 25 | $356.7M | $587.3M | ||
| Q4 24 | $377.1M | $647.6M | ||
| Q3 24 | $343.4M | $550.0M | ||
| Q2 24 | $343.4M | $613.3M | ||
| Q1 24 | $322.6M | $528.3M |
净利润BRCRHP
| Q4 25 | $53.9M | $74.5M | ||
| Q3 25 | $49.9M | $34.9M | ||
| Q2 25 | $52.3M | $71.8M | ||
| Q1 25 | $40.3M | $63.0M | ||
| Q4 24 | $46.8M | $72.3M | ||
| Q3 24 | $55.5M | $59.0M | ||
| Q2 24 | $50.9M | $100.8M | ||
| Q1 24 | $43.6M | $42.8M |
毛利率BRCRHP
| Q4 25 | 51.5% | 41.4% | ||
| Q3 25 | 50.4% | 40.9% | ||
| Q2 25 | 51.0% | 49.7% | ||
| Q1 25 | 49.3% | 44.4% | ||
| Q4 24 | 50.3% | 40.4% | ||
| Q3 24 | 51.6% | 43.1% | ||
| Q2 24 | 51.6% | 48.4% | ||
| Q1 24 | 50.2% | 41.5% |
营业利润率BRCRHP
| Q4 25 | 16.8% | 19.4% | ||
| Q3 25 | 14.9% | 15.0% | ||
| Q2 25 | 17.6% | 21.1% | ||
| Q1 25 | 14.4% | 19.8% | ||
| Q4 24 | 15.6% | 18.6% | ||
| Q3 24 | 19.3% | 19.3% | ||
| Q2 24 | 18.5% | 27.4% | ||
| Q1 24 | 16.7% | 18.2% |
净利率BRCRHP
| Q4 25 | 13.3% | 10.1% | ||
| Q3 25 | 12.6% | 5.9% | ||
| Q2 25 | 13.7% | 10.9% | ||
| Q1 25 | 11.3% | 10.7% | ||
| Q4 24 | 12.4% | 11.2% | ||
| Q3 24 | 16.1% | 10.7% | ||
| Q2 24 | 14.8% | 16.4% | ||
| Q1 24 | 13.5% | 8.1% |
每股收益（稀释后）BRCRHP
| Q4 25 | — | $1.12 | ||
| Q3 25 | — | $0.53 | ||
| Q2 25 | — | $1.12 | ||
| Q1 25 | — | $1.00 | ||
| Q4 24 | — | $1.12 | ||
| Q3 24 | — | $0.94 | ||
| Q2 24 | — | $1.65 | ||
| Q1 24 | — | $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 | $182.7M | $471.4M |
| 总债务越低越好 | $115.9M | — |
| 股东权益账面价值 | $1.2B | $750.2M |
| 总资产 | $1.8B | $6.2B |
| 负债/权益比越低杠杆越低 | 0.09× | — |
8季度趋势，按日历期对齐
现金及短期投资BRCRHP
| Q4 25 | $182.7M | $471.4M | ||
| Q3 25 | $174.3M | $483.3M | ||
| Q2 25 | $152.2M | $420.6M | ||
| Q1 25 | $138.5M | $413.9M | ||
| Q4 24 | $145.7M | $477.7M | ||
| Q3 24 | $250.1M | $534.9M | ||
| Q2 24 | $160.5M | $498.4M | ||
| Q1 24 | $143.9M | $465.3M |
总债务BRCRHP
| Q4 25 | $115.9M | — | ||
| Q3 25 | $99.8M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $90.9M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益BRCRHP
| Q4 25 | $1.2B | $750.2M | ||
| Q3 25 | $1.2B | $758.5M | ||
| Q2 25 | $1.2B | $800.4M | ||
| Q1 25 | $1.1B | $531.5M | ||
| Q4 24 | $1.1B | $549.0M | ||
| Q3 24 | $1.1B | $551.9M | ||
| Q2 24 | $1.0B | $562.6M | ||
| Q1 24 | $1.0B | $529.9M |
总资产BRCRHP
| Q4 25 | $1.8B | $6.2B | ||
| Q3 25 | $1.7B | $6.2B | ||
| Q2 25 | $1.7B | $6.1B | ||
| Q1 25 | $1.6B | $5.2B | ||
| Q4 24 | $1.6B | $5.2B | ||
| Q3 24 | $1.5B | $5.2B | ||
| Q2 24 | $1.4B | $5.1B | ||
| Q1 24 | $1.4B | $5.1B |
负债/权益比BRCRHP
| Q4 25 | 0.09× | — | ||
| Q3 25 | 0.08× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.09× | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $33.4M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $22.4M | $58.5M |
| 自由现金流率自由现金流/营收 | 5.5% | 7.9% |
| 资本支出强度资本支出/营收 | 2.7% | 14.4% |
| 现金转化率经营现金流/净利润 | 0.62× | 2.21× |
| 过去12个月自由现金流最近4个季度 | $159.9M | $232.4M |
8季度趋势，按日历期对齐
经营现金流BRCRHP
| Q4 25 | $33.4M | $164.7M | ||
| Q3 25 | $58.3M | $205.2M | ||
| Q2 25 | $59.9M | $122.5M | ||
| Q1 25 | $39.6M | $98.2M | ||
| Q4 24 | $23.4M | $166.6M | ||
| Q3 24 | $84.0M | $218.1M | ||
| Q2 24 | $72.7M | $184.3M | ||
| Q1 24 | $36.1M | $7.5M |
自由现金流BRCRHP
| Q4 25 | $22.4M | $58.5M | ||
| Q3 25 | $49.4M | $135.4M | ||
| Q2 25 | $55.6M | $53.0M | ||
| Q1 25 | $32.5M | $-14.5M | ||
| Q4 24 | $16.1M | $76.0M | ||
| Q3 24 | $73.2M | $85.7M | ||
| Q2 24 | $64.4M | $78.8M | ||
| Q1 24 | $-13.5M | $-72.0M |
自由现金流率BRCRHP
| Q4 25 | 5.5% | 7.9% | ||
| Q3 25 | 12.4% | 22.9% | ||
| Q2 25 | 14.5% | 8.0% | ||
| Q1 25 | 9.1% | -2.5% | ||
| Q4 24 | 4.3% | 11.7% | ||
| Q3 24 | 21.3% | 15.6% | ||
| Q2 24 | 18.8% | 12.9% | ||
| Q1 24 | -4.2% | -13.6% |
资本支出强度BRCRHP
| Q4 25 | 2.7% | 14.4% | ||
| Q3 25 | 2.2% | 11.8% | ||
| Q2 25 | 1.1% | 10.5% | ||
| Q1 25 | 2.0% | 19.2% | ||
| Q4 24 | 1.9% | 14.0% | ||
| Q3 24 | 3.1% | 24.1% | ||
| Q2 24 | 2.4% | 17.2% | ||
| Q1 24 | 15.4% | 15.0% |
现金转化率BRCRHP
| Q4 25 | 0.62× | 2.21× | ||
| Q3 25 | 1.17× | 5.88× | ||
| Q2 25 | 1.15× | 1.71× | ||
| Q1 25 | 0.98× | 1.56× | ||
| Q4 24 | 0.50× | 2.30× | ||
| Q3 24 | 1.51× | 3.70× | ||
| Q2 24 | 1.43× | 1.83× | ||
| Q1 24 | 0.83× | 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
BRC
| Americas Asia | $215.1M | 53% |
| Europe Australia | $119.9M | 30% |
| Other | $70.2M | 17% |
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% |
