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BOYD GAMING CORP（BYD）与Public Storage（PSA）财务数据对比。点击上方公司名可切换其他公司
Public Storage的季度营收约是BOYD GAMING CORP的1.2倍（$1.2B vs $997.4M），Public Storage净利率更高（41.7% vs 10.5%，领先31.3%），Public Storage同比增速更快（3.3% vs 0.6%），过去两年Public Storage的营收复合增速更高（2.5% vs 1.5%）
博伊德博彩集团是总部位于美国内华达州帕拉代斯的知名博彩及酒店服务运营商，核心业务涵盖赌场运营、休闲度假配套服务等板块，为全球游客提供优质的综合娱乐体验。
Public Storage总部位于美国加利福尼亚州格伦代尔，是主营自助仓储业务的房地产投资信托，也是美国最大的自助仓储服务品牌，持有美国约9%的自助仓储面积。截至2024年12月31日，公司运营3073处自助仓储设施，总可出租净面积达2.21亿平方英尺。
BYD vs PSA — 直观对比
营收规模更大
PSA
是对方的1.2倍
$997.4M
营收增速更快
PSA
高出2.7%
0.6%
净利率更高
PSA
高出31.3%
10.5%
两年增速更快
PSA
近两年复合增速
1.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $997.4M | $1.2B |
| 净利润 | $104.3M | $507.1M |
| 毛利率 | — | — |
| 营业利润率 | 16.4% | 40.7% |
| 净利率 | 10.5% | 41.7% |
| 营收同比 | 0.6% | 3.3% |
| 净利润同比 | -5.9% | -17.5% |
| 每股收益（稀释后） | $1.37 | $2.59 |
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BYDPSA
| Q1 26 | $997.4M | — | ||
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $1.0B | $1.2B | ||
| Q2 25 | $1.0B | $1.2B | ||
| Q1 25 | $991.6M | $1.2B | ||
| Q4 24 | $1.0B | $1.2B | ||
| Q3 24 | $961.2M | $1.2B | ||
| Q2 24 | $967.5M | $1.2B |
净利润BYDPSA
| Q1 26 | $104.3M | — | ||
| Q4 25 | $140.4M | $507.1M | ||
| Q3 25 | $1.4B | $511.1M | ||
| Q2 25 | $151.5M | $358.4M | ||
| Q1 25 | $111.4M | $407.8M | ||
| Q4 24 | $170.5M | $614.6M | ||
| Q3 24 | $131.1M | $430.3M | ||
| Q2 24 | $139.8M | $518.1M |
营业利润率BYDPSA
| Q1 26 | 16.4% | — | ||
| Q4 25 | 15.7% | 40.7% | ||
| Q3 25 | 13.9% | 42.3% | ||
| Q2 25 | 23.4% | 30.4% | ||
| Q1 25 | 20.2% | 34.8% | ||
| Q4 24 | 25.1% | 52.4% | ||
| Q3 24 | 22.9% | 36.7% | ||
| Q2 24 | 23.5% | 44.6% |
净利率BYDPSA
| Q1 26 | 10.5% | — | ||
| Q4 25 | 13.2% | 41.7% | ||
| Q3 25 | 143.4% | 41.8% | ||
| Q2 25 | 14.6% | 29.8% | ||
| Q1 25 | 11.2% | 34.5% | ||
| Q4 24 | 16.4% | 52.2% | ||
| Q3 24 | 13.6% | 36.2% | ||
| Q2 24 | 14.5% | 44.2% |
每股收益（稀释后）BYDPSA
| Q1 26 | $1.37 | — | ||
| Q4 25 | $1.60 | $2.59 | ||
| Q3 25 | $17.81 | $2.62 | ||
| Q2 25 | $1.84 | $1.76 | ||
| Q1 25 | $1.31 | $2.04 | ||
| Q4 24 | $1.89 | $3.22 | ||
| Q3 24 | $1.43 | $2.16 | ||
| Q2 24 | $1.47 | $2.66 |
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 | — | $318.1M |
| 总债务越低越好 | — | $10.3B |
| 股东权益账面价值 | — | $9.2B |
| 总资产 | — | $20.2B |
| 负债/权益比越低杠杆越低 | — | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资BYDPSA
| Q1 26 | — | — | ||
| Q4 25 | $353.4M | $318.1M | ||
| Q3 25 | $319.1M | $296.5M | ||
| Q2 25 | $320.1M | $1.1B | ||
| Q1 25 | $311.5M | $287.2M | ||
| Q4 24 | $316.7M | $447.4M | ||
| Q3 24 | $286.3M | $599.0M | ||
| Q2 24 | $280.8M | $542.3M |
总债务BYDPSA
| Q1 26 | — | — | ||
| Q4 25 | — | $10.3B | ||
| Q3 25 | — | $10.0B | ||
| Q2 25 | $3.6B | $10.4B | ||
| Q1 25 | $3.5B | $9.4B | ||
| Q4 24 | $3.2B | $9.4B | ||
| Q3 24 | $3.1B | $9.5B | ||
| Q2 24 | $3.0B | $9.4B |
股东权益BYDPSA
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | $9.2B | ||
| Q3 25 | $2.7B | $9.3B | ||
| Q2 25 | $1.4B | $9.4B | ||
| Q1 25 | $1.3B | $9.6B | ||
| Q4 24 | $1.6B | $9.7B | ||
| Q3 24 | $1.6B | $9.6B | ||
| Q2 24 | $1.7B | $9.7B |
总资产BYDPSA
| Q1 26 | — | — | ||
| Q4 25 | $6.6B | $20.2B | ||
| Q3 25 | $6.5B | $20.1B | ||
| Q2 25 | $6.6B | $20.5B | ||
| Q1 25 | $6.5B | $19.6B | ||
| Q4 24 | $6.4B | $19.8B | ||
| Q3 24 | $6.3B | $19.8B | ||
| Q2 24 | $6.3B | $19.8B |
负债/权益比BYDPSA
| Q1 26 | — | — | ||
| Q4 25 | — | 1.11× | ||
| Q3 25 | — | 1.08× | ||
| Q2 25 | 2.56× | 1.11× | ||
| Q1 25 | 2.61× | 0.99× | ||
| Q4 24 | 2.01× | 0.96× | ||
| Q3 24 | 1.88× | 0.99× | ||
| Q2 24 | 1.73× | 0.97× |
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 | — | $733.6M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 1.45× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流BYDPSA
| Q1 26 | — | — | ||
| Q4 25 | $275.3M | $733.6M | ||
| Q3 25 | $240.0M | $875.1M | ||
| Q2 25 | $205.0M | $872.7M | ||
| Q1 25 | $256.4M | $705.1M | ||
| Q4 24 | $262.1M | $768.6M | ||
| Q3 24 | $231.2M | $798.8M | ||
| Q2 24 | $213.1M | $895.3M |
自由现金流BYDPSA
| Q1 26 | — | — | ||
| Q4 25 | $127.0M | — | ||
| Q3 25 | $94.4M | — | ||
| Q2 25 | $80.6M | — | ||
| Q1 25 | $86.5M | — | ||
| Q4 24 | $150.9M | — | ||
| Q3 24 | $146.0M | — | ||
| Q2 24 | $98.7M | — |
自由现金流率BYDPSA
| Q1 26 | — | — | ||
| Q4 25 | 12.0% | — | ||
| Q3 25 | 9.4% | — | ||
| Q2 25 | 7.8% | — | ||
| Q1 25 | 8.7% | — | ||
| Q4 24 | 14.5% | — | ||
| Q3 24 | 15.2% | — | ||
| Q2 24 | 10.2% | — |
资本支出强度BYDPSA
| Q1 26 | — | — | ||
| Q4 25 | 14.0% | — | ||
| Q3 25 | 14.5% | — | ||
| Q2 25 | 12.0% | — | ||
| Q1 25 | 17.1% | — | ||
| Q4 24 | 10.7% | — | ||
| Q3 24 | 8.9% | — | ||
| Q2 24 | 11.8% | — |
现金转化率BYDPSA
| Q1 26 | — | — | ||
| Q4 25 | 1.96× | 1.45× | ||
| Q3 25 | 0.17× | 1.71× | ||
| Q2 25 | 1.35× | 2.43× | ||
| Q1 25 | 2.30× | 1.73× | ||
| Q4 24 | 1.54× | 1.25× | ||
| Q3 24 | 1.76× | 1.86× | ||
| Q2 24 | 1.52× | 1.73× |
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
BYD
| Gaming | $650.5M | 65% |
| Online reimbursements | $135.4M | 14% |
| Food & beverage | $75.8M | 8% |
| Other | $63.5M | 6% |
| Room | $45.9M | 5% |
| Management fee | $26.2M | 3% |
PSA
| Self Storage Operations | $1.1B | 93% |
| Ancillary Operations | $86.9M | 7% |
