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CHOICE HOTELS INTERNATIONAL INC（CHH）与DAKTRONICS INC（DAKT）财务数据对比。点击上方公司名可切换其他公司
CHOICE HOTELS INTERNATIONAL INC的季度营收约是DAKTRONICS INC的1.7倍（$390.1M vs $229.3M），CHOICE HOTELS INTERNATIONAL INC净利率更高（16.3% vs 7.6%，领先8.7%），DAKTRONICS INC同比增速更快（10.0% vs 0.1%），CHOICE HOTELS INTERNATIONAL INC自由现金流更多（$64.1M vs $14.0M），过去两年DAKTRONICS INC的营收复合增速更高（16.0% vs 8.4%）
凯悦酒店国际集团（Choice Hotels International）是总部位于美国马里兰州北贝塞斯达的跨国酒店集团，为全球规模最大的酒店连锁企业之一，旗下拥有从高端到经济型的多元酒店品牌。截至2024年末，集团在全球46个国家和地区特许经营近7600家酒店，客房总数超65万间。
达科电子是一家总部位于美国南达科他州布鲁金斯的企业，由两名南达科他州立大学教授于1968年创立，主营业务涵盖视频显示屏、记分牌、数字广告牌、动态信息标识、音响系统及相关产品的设计、生产、销售与服务。
CHH vs DAKT — 直观对比
营收规模更大
CHH
是对方的1.7倍
$229.3M
营收增速更快
DAKT
高出9.9%
0.1%
净利率更高
CHH
高出8.7%
7.6%
自由现金流更多
CHH
多$50.1M
$14.0M
两年增速更快
DAKT
近两年复合增速
8.4%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $390.1M | $229.3M |
| 净利润 | $63.7M | $17.5M |
| 毛利率 | — | 27.0% |
| 营业利润率 | 26.0% | 9.4% |
| 净利率 | 16.3% | 7.6% |
| 营收同比 | 0.1% | 10.0% |
| 净利润同比 | -16.0% | -18.3% |
| 每股收益（稀释后） | $1.35 | $0.35 |
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CHHDAKT
| Q4 25 | $390.1M | $229.3M | ||
| Q3 25 | $447.3M | $219.0M | ||
| Q2 25 | $426.4M | $172.6M | ||
| Q1 25 | $332.9M | $149.5M | ||
| Q4 24 | $389.8M | $208.3M | ||
| Q3 24 | $428.0M | $226.1M | ||
| Q2 24 | $435.2M | $215.9M | ||
| Q1 24 | $331.9M | $170.3M |
净利润CHHDAKT
| Q4 25 | $63.7M | $17.5M | ||
| Q3 25 | $180.0M | $16.5M | ||
| Q2 25 | $81.7M | $-9.4M | ||
| Q1 25 | $44.5M | $-17.2M | ||
| Q4 24 | $75.8M | $21.4M | ||
| Q3 24 | $105.7M | $-4.9M | ||
| Q2 24 | $87.1M | $2.5M | ||
| Q1 24 | $31.0M | $10.7M |
毛利率CHHDAKT
| Q4 25 | — | 27.0% | ||
| Q3 25 | — | 29.7% | ||
| Q2 25 | — | 25.0% | ||
| Q1 25 | — | 24.6% | ||
| Q4 24 | — | 26.8% | ||
| Q3 24 | — | 26.4% | ||
| Q2 24 | — | 25.7% | ||
| Q1 24 | — | 24.5% |
营业利润率CHHDAKT
| Q4 25 | 26.0% | 9.4% | ||
| Q3 25 | 31.8% | 10.6% | ||
| Q2 25 | 29.2% | -1.0% | ||
| Q1 25 | 24.0% | -2.4% | ||
| Q4 24 | 30.6% | 7.6% | ||
| Q3 24 | 35.5% | 10.0% | ||
| Q2 24 | 30.5% | 9.0% | ||
| Q1 24 | 18.1% | 4.7% |
净利率CHHDAKT
| Q4 25 | 16.3% | 7.6% | ||
| Q3 25 | 40.2% | 7.5% | ||
| Q2 25 | 19.2% | -5.5% | ||
| Q1 25 | 13.4% | -11.5% | ||
| Q4 24 | 19.4% | 10.3% | ||
| Q3 24 | 24.7% | -2.2% | ||
| Q2 24 | 20.0% | 1.2% | ||
| Q1 24 | 9.3% | 6.3% |
每股收益（稀释后）CHHDAKT
| Q4 25 | $1.35 | $0.35 | ||
| Q3 25 | $3.86 | $0.33 | ||
| Q2 25 | $1.75 | $0.04 | ||
| Q1 25 | $0.94 | $-0.36 | ||
| Q4 24 | $1.56 | $0.22 | ||
| Q3 24 | $2.22 | $-0.11 | ||
| Q2 24 | $1.80 | $0.18 | ||
| Q1 24 | $0.62 | $0.09 |
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 | $45.0M | $149.6M |
| 总债务越低越好 | $1.9B | — |
| 股东权益账面价值 | $181.2M | $297.5M |
| 总资产 | $2.9B | $548.4M |
| 负债/权益比越低杠杆越低 | 10.52× | — |
8季度趋势，按日历期对齐
现金及短期投资CHHDAKT
| Q4 25 | $45.0M | $149.6M | ||
| Q3 25 | $52.6M | $136.9M | ||
| Q2 25 | $58.6M | $127.5M | ||
| Q1 25 | $40.1M | $132.2M | ||
| Q4 24 | $40.2M | $134.4M | ||
| Q3 24 | $58.6M | $96.8M | ||
| Q2 24 | $60.4M | $81.3M | ||
| Q1 24 | $42.1M | $76.8M |
总债务CHHDAKT
| Q4 25 | $1.9B | — | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | $1.9B | — | ||
| Q1 24 | $1.7B | — |
股东权益CHHDAKT
| Q4 25 | $181.2M | $297.5M | ||
| Q3 25 | $149.8M | $279.8M | ||
| Q2 25 | $-26.2M | $271.9M | ||
| Q1 25 | $-63.9M | $272.3M | ||
| Q4 24 | $-45.3M | $260.9M | ||
| Q3 24 | $-96.2M | $238.2M | ||
| Q2 24 | $-146.8M | $238.8M | ||
| Q1 24 | $6.7M | $236.2M |
总资产CHHDAKT
| Q4 25 | $2.9B | $548.4M | ||
| Q3 25 | $2.9B | $545.6M | ||
| Q2 25 | $2.7B | $502.9M | ||
| Q1 25 | $2.6B | $524.2M | ||
| Q4 24 | $2.5B | $551.9M | ||
| Q3 24 | $2.5B | $553.9M | ||
| Q2 24 | $2.5B | $527.9M | ||
| Q1 24 | $2.5B | $499.2M |
负债/权益比CHHDAKT
| Q4 25 | 10.52× | — | ||
| Q3 25 | 12.81× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 252.00× | — |
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 | $85.7M | $16.5M |
| 自由现金流经营现金流 - 资本支出 | $64.1M | $14.0M |
| 自由现金流率自由现金流/营收 | 16.4% | 6.1% |
| 资本支出强度资本支出/营收 | 5.5% | 1.1% |
| 现金转化率经营现金流/净利润 | 1.35× | 0.94× |
| 过去12个月自由现金流最近4个季度 | $163.6M | $61.7M |
8季度趋势，按日历期对齐
经营现金流CHHDAKT
| Q4 25 | $85.7M | $16.5M | ||
| Q3 25 | $68.7M | $26.1M | ||
| Q2 25 | $95.6M | $22.9M | ||
| Q1 25 | $20.5M | $12.0M | ||
| Q4 24 | $82.9M | $43.3M | ||
| Q3 24 | $122.9M | $19.5M | ||
| Q2 24 | $111.9M | $9.5M | ||
| Q1 24 | $1.7M | $9.5M |
自由现金流CHHDAKT
| Q4 25 | $64.1M | $14.0M | ||
| Q3 25 | $49.1M | $21.8M | ||
| Q2 25 | $65.4M | $18.0M | ||
| Q1 25 | $-15.0M | $7.8M | ||
| Q4 24 | $57.4M | $38.0M | ||
| Q3 24 | $92.6M | $14.4M | ||
| Q2 24 | $86.6M | $6.1M | ||
| Q1 24 | $-23.8M | $5.1M |
自由现金流率CHHDAKT
| Q4 25 | 16.4% | 6.1% | ||
| Q3 25 | 11.0% | 10.0% | ||
| Q2 25 | 15.3% | 10.5% | ||
| Q1 25 | -4.5% | 5.2% | ||
| Q4 24 | 14.7% | 18.2% | ||
| Q3 24 | 21.6% | 6.4% | ||
| Q2 24 | 19.9% | 2.8% | ||
| Q1 24 | -7.2% | 3.0% |
资本支出强度CHHDAKT
| Q4 25 | 5.5% | 1.1% | ||
| Q3 25 | 4.4% | 2.0% | ||
| Q2 25 | 7.1% | 2.8% | ||
| Q1 25 | 10.7% | 2.8% | ||
| Q4 24 | 6.5% | 2.6% | ||
| Q3 24 | 7.1% | 2.2% | ||
| Q2 24 | 5.8% | 1.6% | ||
| Q1 24 | 7.7% | 2.6% |
现金转化率CHHDAKT
| Q4 25 | 1.35× | 0.94× | ||
| Q3 25 | 0.38× | 1.58× | ||
| Q2 25 | 1.17× | — | ||
| Q1 25 | 0.46× | — | ||
| Q4 24 | 1.09× | 2.02× | ||
| Q3 24 | 1.16× | — | ||
| Q2 24 | 1.28× | 3.75× | ||
| Q1 24 | 0.06× | 0.88× |
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
CHH
| Franchise And Management Fees | $157.3M | 40% |
| Revenue For Reimbursable Costs From Franchised And Managed Properties | $156.0M | 40% |
| Partnership Services And Fees | $32.5M | 8% |
| Owned Hotels | $30.1M | 8% |
| Other Revenue Topic606And Not Topic606 | $14.3M | 4% |
DAKT
| Live Events Segment | $81.5M | 36% |
| Transferred At Point In Time | $41.9M | 18% |
| Limited Configuration | $39.2M | 17% |
| Other | $30.6M | 13% |
| Transportation Segment | $21.3M | 9% |
| Transferred Over Time | $8.8M | 4% |
| Unique Configuration | $6.0M | 3% |
