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CHOICE HOTELS INTERNATIONAL INC（CHH）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
RBC Bearings INC的季度营收约是CHOICE HOTELS INTERNATIONAL INC的1.4倍（$461.6M vs $340.6M），RBC Bearings INC净利率更高（14.6% vs 5.9%，领先8.7%），RBC Bearings INC同比增速更快（17.0% vs 2.3%），过去两年RBC Bearings INC的营收复合增速更高（5.6% vs -11.5%）
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。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
CHH vs RBC — 直观对比
营收规模更大
RBC
是对方的1.4倍
$340.6M
营收增速更快
RBC
高出14.7%
2.3%
净利率更高
RBC
高出8.7%
5.9%
两年增速更快
RBC
近两年复合增速
-11.5%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $340.6M | $461.6M |
| 净利润 | $20.0M | $67.4M |
| 毛利率 | — | 44.3% |
| 营业利润率 | 17.6% | 22.3% |
| 净利率 | 5.9% | 14.6% |
| 营收同比 | 2.3% | 17.0% |
| 净利润同比 | -54.4% | 16.4% |
| 每股收益（稀释后） | $0.44 | $2.13 |
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CHHRBC
| Q1 26 | $340.6M | — | ||
| Q4 25 | $390.1M | $461.6M | ||
| Q3 25 | $447.3M | $455.3M | ||
| Q2 25 | $426.4M | $436.0M | ||
| Q1 25 | $332.9M | $437.7M | ||
| Q4 24 | $389.8M | $394.4M | ||
| Q3 24 | $428.0M | $397.9M | ||
| Q2 24 | $435.2M | $406.3M |
净利润CHHRBC
| Q1 26 | $20.0M | — | ||
| Q4 25 | $63.7M | $67.4M | ||
| Q3 25 | $180.0M | $60.0M | ||
| Q2 25 | $81.7M | $68.5M | ||
| Q1 25 | $44.5M | $72.7M | ||
| Q4 24 | $75.8M | $57.9M | ||
| Q3 24 | $105.7M | $54.2M | ||
| Q2 24 | $87.1M | $61.4M |
毛利率CHHRBC
| Q1 26 | — | — | ||
| Q4 25 | — | 44.3% | ||
| Q3 25 | — | 44.1% | ||
| Q2 25 | — | 44.8% | ||
| Q1 25 | — | 44.2% | ||
| Q4 24 | — | 44.3% | ||
| Q3 24 | — | 43.7% | ||
| Q2 24 | — | 45.3% |
营业利润率CHHRBC
| Q1 26 | 17.6% | — | ||
| Q4 25 | 26.0% | 22.3% | ||
| Q3 25 | 31.8% | 21.5% | ||
| Q2 25 | 29.2% | 23.2% | ||
| Q1 25 | 24.0% | 23.0% | ||
| Q4 24 | 30.6% | 21.7% | ||
| Q3 24 | 35.5% | 21.6% | ||
| Q2 24 | 30.5% | 24.0% |
净利率CHHRBC
| Q1 26 | 5.9% | — | ||
| Q4 25 | 16.3% | 14.6% | ||
| Q3 25 | 40.2% | 13.2% | ||
| Q2 25 | 19.2% | 15.7% | ||
| Q1 25 | 13.4% | 16.6% | ||
| Q4 24 | 19.4% | 14.7% | ||
| Q3 24 | 24.7% | 13.6% | ||
| Q2 24 | 20.0% | 15.1% |
每股收益（稀释后）CHHRBC
| Q1 26 | $0.44 | — | ||
| Q4 25 | $1.35 | $2.13 | ||
| Q3 25 | $3.86 | $1.90 | ||
| Q2 25 | $1.75 | $2.17 | ||
| Q1 25 | $0.94 | $2.33 | ||
| Q4 24 | $1.56 | $1.82 | ||
| Q3 24 | $2.22 | $1.65 | ||
| Q2 24 | $1.80 | $1.90 |
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 | $43.9M | $107.6M |
| 总债务越低越好 | $2.0B | $990.2M |
| 股东权益账面价值 | $137.4M | $3.3B |
| 总资产 | $2.9B | $5.1B |
| 负债/权益比越低杠杆越低 | 14.58× | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资CHHRBC
| Q1 26 | $43.9M | — | ||
| Q4 25 | $45.0M | $107.6M | ||
| Q3 25 | $52.6M | $91.2M | ||
| Q2 25 | $58.6M | $132.9M | ||
| Q1 25 | $40.1M | $36.8M | ||
| Q4 24 | $40.2M | — | ||
| Q3 24 | $58.6M | — | ||
| Q2 24 | $60.4M | $76.8M |
总债务CHHRBC
| Q1 26 | $2.0B | — | ||
| Q4 25 | $1.9B | $990.2M | ||
| Q3 25 | $1.9B | $1.1B | ||
| Q2 25 | $1.9B | $915.6M | ||
| Q1 25 | $1.9B | $920.1M | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | $1.9B | — |
股东权益CHHRBC
| Q1 26 | $137.4M | — | ||
| Q4 25 | $181.2M | $3.3B | ||
| Q3 25 | $149.8M | $3.2B | ||
| Q2 25 | $-26.2M | $3.1B | ||
| Q1 25 | $-63.9M | $3.0B | ||
| Q4 24 | $-45.3M | $2.9B | ||
| Q3 24 | $-96.2M | $2.9B | ||
| Q2 24 | $-146.8M | $2.8B |
总资产CHHRBC
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $5.1B | ||
| Q3 25 | $2.9B | $5.1B | ||
| Q2 25 | $2.7B | $4.8B | ||
| Q1 25 | $2.6B | $4.7B | ||
| Q4 24 | $2.5B | $4.7B | ||
| Q3 24 | $2.5B | $4.7B | ||
| Q2 24 | $2.5B | $4.7B |
负债/权益比CHHRBC
| Q1 26 | 14.58× | — | ||
| Q4 25 | 10.52× | 0.30× | ||
| Q3 25 | 12.81× | 0.34× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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 | — | $122.1M |
| 自由现金流经营现金流 - 资本支出 | — | $99.1M |
| 自由现金流率自由现金流/营收 | — | 21.5% |
| 资本支出强度资本支出/营收 | — | 5.0% |
| 现金转化率经营现金流/净利润 | — | 1.81× |
| 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CHHRBC
| Q1 26 | — | — | ||
| Q4 25 | $85.7M | $122.1M | ||
| Q3 25 | $68.7M | $88.4M | ||
| Q2 25 | $95.6M | $120.0M | ||
| Q1 25 | $20.5M | — | ||
| Q4 24 | $82.9M | $84.0M | ||
| Q3 24 | $122.9M | — | ||
| Q2 24 | $111.9M | $97.4M |
自由现金流CHHRBC
| Q1 26 | — | — | ||
| Q4 25 | $64.1M | $99.1M | ||
| Q3 25 | $49.1M | $71.7M | ||
| Q2 25 | $65.4M | $104.3M | ||
| Q1 25 | $-15.0M | — | ||
| Q4 24 | $57.4M | $73.6M | ||
| Q3 24 | $92.6M | — | ||
| Q2 24 | $86.6M | $88.4M |
自由现金流率CHHRBC
| Q1 26 | — | — | ||
| Q4 25 | 16.4% | 21.5% | ||
| Q3 25 | 11.0% | 15.7% | ||
| Q2 25 | 15.3% | 23.9% | ||
| Q1 25 | -4.5% | — | ||
| Q4 24 | 14.7% | 18.7% | ||
| Q3 24 | 21.6% | — | ||
| Q2 24 | 19.9% | 21.8% |
资本支出强度CHHRBC
| Q1 26 | — | — | ||
| Q4 25 | 5.5% | 5.0% | ||
| Q3 25 | 4.4% | 3.7% | ||
| Q2 25 | 7.1% | 3.6% | ||
| Q1 25 | 10.7% | 3.2% | ||
| Q4 24 | 6.5% | 2.6% | ||
| Q3 24 | 7.1% | 4.1% | ||
| Q2 24 | 5.8% | 2.2% |
现金转化率CHHRBC
| Q1 26 | — | — | ||
| Q4 25 | 1.35× | 1.81× | ||
| Q3 25 | 0.38× | 1.47× | ||
| Q2 25 | 1.17× | 1.75× | ||
| Q1 25 | 0.46× | — | ||
| Q4 24 | 1.09× | 1.45× | ||
| Q3 24 | 1.16× | — | ||
| Q2 24 | 1.28× | 1.59× |
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 | $149.6M | 44% |
| Other | $135.8M | 40% |
| Owned hotels | $30.4M | 9% |
| Partnership services and fees | $24.7M | 7% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
