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科慕（CC）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
科慕的季度营收约是Ryman Hospitality Properties, Inc.的1.8倍（$1.3B vs $737.8M），Ryman Hospitality Properties, Inc.净利率更高（10.1% vs -3.5%，领先13.6%），Ryman Hospitality Properties, Inc.同比增速更快（13.9% vs -2.1%），科慕自由现金流更多（$92.0M vs $58.5M），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（18.2% vs -1.2%）
科慕公司是一家美国化工企业，2015年7月从杜邦分拆成立，总部位于美国特拉华州威尔明顿。公司主营产品包括具备不粘特性的知名品牌特氟龙（聚四氟乙烯PTFE）、二氧化钛以及制冷剂气体，在特种化工领域拥有深厚的技术积累。
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。
CC vs RHP — 直观对比
营收规模更大
CC
是对方的1.8倍
$737.8M
营收增速更快
RHP
高出16.0%
-2.1%
净利率更高
RHP
高出13.6%
-3.5%
自由现金流更多
CC
多$33.5M
$58.5M
两年增速更快
RHP
近两年复合增速
-1.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $737.8M |
| 净利润 | $-47.0M | $74.5M |
| 毛利率 | 11.7% | 41.4% |
| 营业利润率 | — | 19.4% |
| 净利率 | -3.5% | 10.1% |
| 营收同比 | -2.1% | 13.9% |
| 净利润同比 | -261.5% | 3.0% |
| 每股收益（稀释后） | $-0.32 | $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CCRHP
| Q4 25 | $1.3B | $737.8M | ||
| Q3 25 | $1.5B | $592.5M | ||
| Q2 25 | $1.6B | $659.5M | ||
| Q1 25 | $1.4B | $587.3M | ||
| Q4 24 | $1.4B | $647.6M | ||
| Q3 24 | $1.5B | $550.0M | ||
| Q2 24 | $1.6B | $613.3M | ||
| Q1 24 | $1.4B | $528.3M |
净利润CCRHP
| Q4 25 | $-47.0M | $74.5M | ||
| Q3 25 | $46.0M | $34.9M | ||
| Q2 25 | $-380.0M | $71.8M | ||
| Q1 25 | $-5.0M | $63.0M | ||
| Q4 24 | $-13.0M | $72.3M | ||
| Q3 24 | $-32.0M | $59.0M | ||
| Q2 24 | $60.0M | $100.8M | ||
| Q1 24 | $54.0M | $42.8M |
毛利率CCRHP
| Q4 25 | 11.7% | 41.4% | ||
| Q3 25 | 15.6% | 40.9% | ||
| Q2 25 | 17.2% | 49.7% | ||
| Q1 25 | 17.3% | 44.4% | ||
| Q4 24 | 19.4% | 40.4% | ||
| Q3 24 | 19.0% | 43.1% | ||
| Q2 24 | 19.8% | 48.4% | ||
| Q1 24 | 20.9% | 41.5% |
营业利润率CCRHP
| Q4 25 | — | 19.4% | ||
| Q3 25 | 2.5% | 15.0% | ||
| Q2 25 | -15.4% | 21.1% | ||
| Q1 25 | — | 19.8% | ||
| Q4 24 | -0.1% | 18.6% | ||
| Q3 24 | -2.1% | 19.3% | ||
| Q2 24 | 4.4% | 27.4% | ||
| Q1 24 | 5.1% | 18.2% |
净利率CCRHP
| Q4 25 | -3.5% | 10.1% | ||
| Q3 25 | 3.1% | 5.9% | ||
| Q2 25 | -23.5% | 10.9% | ||
| Q1 25 | -0.4% | 10.7% | ||
| Q4 24 | -1.0% | 11.2% | ||
| Q3 24 | -2.1% | 10.7% | ||
| Q2 24 | 3.9% | 16.4% | ||
| Q1 24 | 4.0% | 8.1% |
每股收益（稀释后）CCRHP
| Q4 25 | $-0.32 | $1.12 | ||
| Q3 25 | $0.31 | $0.53 | ||
| Q2 25 | $-2.53 | $1.12 | ||
| Q1 25 | $-0.03 | $1.00 | ||
| Q4 24 | $-0.07 | $1.12 | ||
| Q3 24 | $-0.22 | $0.94 | ||
| Q2 24 | $0.39 | $1.65 | ||
| Q1 24 | $0.36 | $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 | $670.0M | $471.4M |
| 总债务越低越好 | $4.1B | — |
| 股东权益账面价值 | $250.0M | $750.2M |
| 总资产 | $7.4B | $6.2B |
| 负债/权益比越低杠杆越低 | 16.40× | — |
8季度趋势，按日历期对齐
现金及短期投资CCRHP
| Q4 25 | $670.0M | $471.4M | ||
| Q3 25 | $613.0M | $483.3M | ||
| Q2 25 | $502.0M | $420.6M | ||
| Q1 25 | $464.0M | $413.9M | ||
| Q4 24 | $713.0M | $477.7M | ||
| Q3 24 | $596.0M | $534.9M | ||
| Q2 24 | $604.0M | $498.4M | ||
| Q1 24 | $746.0M | $465.3M |
总债务CCRHP
| Q4 25 | $4.1B | — | ||
| Q3 25 | $4.1B | — | ||
| Q2 25 | $4.1B | — | ||
| Q1 25 | $4.1B | — | ||
| Q4 24 | $4.1B | — | ||
| Q3 24 | $4.0B | — | ||
| Q2 24 | $4.0B | — | ||
| Q1 24 | $4.0B | — |
股东权益CCRHP
| Q4 25 | $250.0M | $750.2M | ||
| Q3 25 | $274.0M | $758.5M | ||
| Q2 25 | $228.0M | $800.4M | ||
| Q1 25 | $566.0M | $531.5M | ||
| Q4 24 | $571.0M | $549.0M | ||
| Q3 24 | $643.0M | $551.9M | ||
| Q2 24 | $714.0M | $562.6M | ||
| Q1 24 | $753.0M | $529.9M |
总资产CCRHP
| Q4 25 | $7.4B | $6.2B | ||
| Q3 25 | $7.5B | $6.2B | ||
| Q2 25 | $7.5B | $6.1B | ||
| Q1 25 | $7.4B | $5.2B | ||
| Q4 24 | $7.5B | $5.2B | ||
| Q3 24 | $7.5B | $5.2B | ||
| Q2 24 | $7.2B | $5.1B | ||
| Q1 24 | $8.0B | $5.1B |
负债/权益比CCRHP
| Q4 25 | 16.40× | — | ||
| Q3 25 | 14.96× | — | ||
| Q2 25 | 17.99× | — | ||
| Q1 25 | 7.18× | — | ||
| Q4 24 | 7.11× | — | ||
| Q3 24 | 6.20× | — | ||
| Q2 24 | 5.53× | — | ||
| Q1 24 | 5.27× | — |
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 | $137.0M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $92.0M | $58.5M |
| 自由现金流率自由现金流/营收 | 6.9% | 7.9% |
| 资本支出强度资本支出/营收 | 3.4% | 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 | $51.0M | $232.4M |
8季度趋势，按日历期对齐
经营现金流CCRHP
| Q4 25 | $137.0M | $164.7M | ||
| Q3 25 | $146.0M | $205.2M | ||
| Q2 25 | $93.0M | $122.5M | ||
| Q1 25 | $-112.0M | $98.2M | ||
| Q4 24 | $138.0M | $166.6M | ||
| Q3 24 | $139.0M | $218.1M | ||
| Q2 24 | $-620.0M | $184.3M | ||
| Q1 24 | $-290.0M | $7.5M |
自由现金流CCRHP
| Q4 25 | $92.0M | $58.5M | ||
| Q3 25 | $105.0M | $135.4M | ||
| Q2 25 | $50.0M | $53.0M | ||
| Q1 25 | $-196.0M | $-14.5M | ||
| Q4 24 | $29.0M | $76.0M | ||
| Q3 24 | $63.0M | $85.7M | ||
| Q2 24 | $-693.0M | $78.8M | ||
| Q1 24 | $-392.0M | $-72.0M |
自由现金流率CCRHP
| Q4 25 | 6.9% | 7.9% | ||
| Q3 25 | 7.0% | 22.9% | ||
| Q2 25 | 3.1% | 8.0% | ||
| Q1 25 | -14.3% | -2.5% | ||
| Q4 24 | 2.1% | 11.7% | ||
| Q3 24 | 4.2% | 15.6% | ||
| Q2 24 | -44.6% | 12.9% | ||
| Q1 24 | -28.8% | -13.6% |
资本支出强度CCRHP
| Q4 25 | 3.4% | 14.4% | ||
| Q3 25 | 2.7% | 11.8% | ||
| Q2 25 | 2.7% | 10.5% | ||
| Q1 25 | 6.1% | 19.2% | ||
| Q4 24 | 8.0% | 14.0% | ||
| Q3 24 | 5.0% | 24.1% | ||
| Q2 24 | 4.7% | 17.2% | ||
| Q1 24 | 7.5% | 15.0% |
现金转化率CCRHP
| Q4 25 | — | 2.21× | ||
| Q3 25 | 3.17× | 5.88× | ||
| Q2 25 | — | 1.71× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 2.30× | ||
| Q3 24 | — | 3.70× | ||
| Q2 24 | -10.33× | 1.83× | ||
| Q1 24 | -5.37× | 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
CC
| Titanium Technologies | $563.0M | 42% |
| Thermal And Specialized Solutions | $443.0M | 33% |
| Advanced Performance Materials | $312.0M | 23% |
| Other Non-Reportable Segment | $12.0M | 1% |
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% |
