vs
BOYD GAMING CORP（BYD）与Soho House & Co Inc.（SHCO）财务数据对比。点击上方公司名可切换其他公司
BOYD GAMING CORP的季度营收约是Soho House & Co Inc.的2.7倍（$997.4M vs $370.8M），BOYD GAMING CORP净利率更高（10.5% vs -5.0%，领先15.5%），Soho House & Co Inc.同比增速更快（11.2% vs 0.6%），过去两年Soho House & Co Inc.的营收复合增速更高（13.5% 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。
Soho House & Co Inc.是面向媒体、艺术及时尚领域从业者的国际私人会员俱乐部，主打为创意产业相关人群提供专属社交、休闲与资源对接空间，在全球多个核心城市布局线下据点，服务注重圈层属性与文化氛围的高端用户群体。
BYD vs SHCO — 直观对比
营收规模更大
BYD
是对方的2.7倍
$370.8M
营收增速更快
SHCO
高出10.6%
0.6%
净利率更高
BYD
高出15.5%
-5.0%
两年增速更快
SHCO
近两年复合增速
1.5%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $997.4M | $370.8M |
| 净利润 | $104.3M | $-18.7M |
| 毛利率 | — | — |
| 营业利润率 | 16.4% | -1.6% |
| 净利率 | 10.5% | -5.0% |
| 营收同比 | 0.6% | 11.2% |
| 净利润同比 | -5.9% | -10790.3% |
| 每股收益（稀释后） | $1.37 | $-0.10 |
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BYDSHCO
| Q1 26 | $997.4M | — | ||
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.0B | $370.8M | ||
| Q2 25 | $1.0B | $329.8M | ||
| Q1 25 | $991.6M | $282.9M | ||
| Q4 24 | $1.0B | $305.6M | ||
| Q3 24 | $961.2M | $333.4M | ||
| Q2 24 | $967.5M | $302.9M |
净利润BYDSHCO
| Q1 26 | $104.3M | — | ||
| Q4 25 | $140.4M | — | ||
| Q3 25 | $1.4B | $-18.7M | ||
| Q2 25 | $151.5M | $24.9M | ||
| Q1 25 | $111.4M | $8.2M | ||
| Q4 24 | $170.5M | $-91.7M | ||
| Q3 24 | $131.1M | $175.0K | ||
| Q2 24 | $139.8M | $-29.9M |
营业利润率BYDSHCO
| Q1 26 | 16.4% | — | ||
| Q4 25 | 15.7% | — | ||
| Q3 25 | 13.9% | -1.6% | ||
| Q2 25 | 23.4% | 18.1% | ||
| Q1 25 | 20.2% | 12.3% | ||
| Q4 24 | 25.1% | -23.1% | ||
| Q3 24 | 22.9% | 11.4% | ||
| Q2 24 | 23.5% | -4.3% |
净利率BYDSHCO
| Q1 26 | 10.5% | — | ||
| Q4 25 | 13.2% | — | ||
| Q3 25 | 143.4% | -5.0% | ||
| Q2 25 | 14.6% | 7.5% | ||
| Q1 25 | 11.2% | 2.9% | ||
| Q4 24 | 16.4% | -30.0% | ||
| Q3 24 | 13.6% | 0.1% | ||
| Q2 24 | 14.5% | -9.9% |
每股收益（稀释后）BYDSHCO
| Q1 26 | $1.37 | — | ||
| Q4 25 | $1.60 | — | ||
| Q3 25 | $17.81 | $-0.10 | ||
| Q2 25 | $1.84 | $0.13 | ||
| Q1 25 | $1.31 | $0.04 | ||
| Q4 24 | $1.89 | $-0.48 | ||
| Q3 24 | $1.43 | $0.00 | ||
| Q2 24 | $1.47 | $-0.15 |
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 | — | $142.5M |
| 总债务越低越好 | — | $735.8M |
| 股东权益账面价值 | — | $-351.6M |
| 总资产 | — | $2.7B |
| 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BYDSHCO
| Q1 26 | — | — | ||
| Q4 25 | $353.4M | — | ||
| Q3 25 | $319.1M | $142.5M | ||
| Q2 25 | $320.1M | $150.3M | ||
| Q1 25 | $311.5M | $150.1M | ||
| Q4 24 | $316.7M | $152.7M | ||
| Q3 24 | $286.3M | $142.8M | ||
| Q2 24 | $280.8M | $148.5M |
总债务BYDSHCO
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $735.8M | ||
| Q2 25 | $3.6B | $729.8M | ||
| Q1 25 | $3.5B | $705.1M | ||
| Q4 24 | $3.2B | $691.5M | ||
| Q3 24 | $3.1B | $694.8M | ||
| Q2 24 | $3.0B | $682.1M |
股东权益BYDSHCO
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | — | ||
| Q3 25 | $2.7B | $-351.6M | ||
| Q2 25 | $1.4B | $-348.6M | ||
| Q1 25 | $1.3B | $-340.1M | ||
| Q4 24 | $1.6B | $-335.1M | ||
| Q3 24 | $1.6B | $-279.4M | ||
| Q2 24 | $1.7B | $-231.7M |
总资产BYDSHCO
| Q1 26 | — | — | ||
| Q4 25 | $6.6B | — | ||
| Q3 25 | $6.5B | $2.7B | ||
| Q2 25 | $6.6B | $2.6B | ||
| Q1 25 | $6.5B | $2.5B | ||
| Q4 24 | $6.4B | $2.4B | ||
| Q3 24 | $6.3B | $2.6B | ||
| Q2 24 | $6.3B | $2.6B |
负债/权益比BYDSHCO
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.56× | — | ||
| Q1 25 | 2.61× | — | ||
| Q4 24 | 2.01× | — | ||
| Q3 24 | 1.88× | — | ||
| Q2 24 | 1.73× | — |
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 | — | $34.9M |
| 自由现金流经营现金流 - 资本支出 | — | $3.5M |
| 自由现金流率自由现金流/营收 | — | 0.9% |
| 资本支出强度资本支出/营收 | — | 8.5% |
| 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 | — | $41.9M |
8季度趋势，按日历期对齐
经营现金流BYDSHCO
| Q1 26 | — | — | ||
| Q4 25 | $275.3M | — | ||
| Q3 25 | $240.0M | $34.9M | ||
| Q2 25 | $205.0M | $41.0M | ||
| Q1 25 | $256.4M | $22.8M | ||
| Q4 24 | $262.1M | $26.9M | ||
| Q3 24 | $231.2M | $20.6M | ||
| Q2 24 | $213.1M | $36.0M |
自由现金流BYDSHCO
| Q1 26 | — | — | ||
| Q4 25 | $127.0M | — | ||
| Q3 25 | $94.4M | $3.5M | ||
| Q2 25 | $80.6M | $12.4M | ||
| Q1 25 | $86.5M | $7.5M | ||
| Q4 24 | $150.9M | $18.5M | ||
| Q3 24 | $146.0M | $10.3M | ||
| Q2 24 | $98.7M | $10.2M |
自由现金流率BYDSHCO
| Q1 26 | — | — | ||
| Q4 25 | 12.0% | — | ||
| Q3 25 | 9.4% | 0.9% | ||
| Q2 25 | 7.8% | 3.8% | ||
| Q1 25 | 8.7% | 2.7% | ||
| Q4 24 | 14.5% | 6.1% | ||
| Q3 24 | 15.2% | 3.1% | ||
| Q2 24 | 10.2% | 3.4% |
资本支出强度BYDSHCO
| Q1 26 | — | — | ||
| Q4 25 | 14.0% | — | ||
| Q3 25 | 14.5% | 8.5% | ||
| Q2 25 | 12.0% | 8.7% | ||
| Q1 25 | 17.1% | 5.4% | ||
| Q4 24 | 10.7% | 2.7% | ||
| Q3 24 | 8.9% | 3.1% | ||
| Q2 24 | 11.8% | 8.5% |
现金转化率BYDSHCO
| Q1 26 | — | — | ||
| Q4 25 | 1.96× | — | ||
| Q3 25 | 0.17× | — | ||
| Q2 25 | 1.35× | 1.65× | ||
| Q1 25 | 2.30× | 2.79× | ||
| Q4 24 | 1.54× | — | ||
| Q3 24 | 1.76× | 117.70× | ||
| Q2 24 | 1.52× | — |
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% |
SHCO
| Membership | $122.7M | 33% |
| Other | $122.0M | 33% |
| Membership Revenue | $58.5M | 16% |
| Other Revenue | $28.5M | 8% |
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $24.8M | 7% |
| Elimination Of Equity Accounted Revenue | $13.4M | 4% |
| Related Party | $2.0M | 1% |
| Soho House | $1.0M | 0% |
