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Compass Diversified Holdings（CODI）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
Ryman Hospitality Properties, Inc.的季度营收约是Compass Diversified Holdings的1.6倍（$737.8M vs $468.6M），Ryman Hospitality Properties, Inc.净利率更高（10.1% vs -16.8%，领先26.9%），Ryman Hospitality Properties, Inc.同比增速更快（13.9% vs -5.1%），Ryman Hospitality Properties, Inc.自由现金流更多（$58.5M vs $36.9M），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（18.2% vs 6.8%）
Compass Diversified Holdings是一家上市控股公司，专注于收购和运营中端市场企业，业务覆盖消费品、工业制造、户外休闲、食品饮料等多个领域，通过与被投企业管理团队合作，推动长期运营增长与价值创造，主要服务北美市场。
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。
CODI vs RHP — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $468.6M | $737.8M |
| 净利润 | $-78.8M | $74.5M |
| 毛利率 | 43.1% | 41.4% |
| 营业利润率 | 9.8% | 19.4% |
| 净利率 | -16.8% | 10.1% |
| 营收同比 | -5.1% | 13.9% |
| 净利润同比 | -14.4% | 3.0% |
| 每股收益（稀释后） | $-0.91 | $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
| Q4 25 | $468.6M | $737.8M | ||
| Q3 25 | $472.6M | $592.5M | ||
| Q2 25 | $478.7M | $659.5M | ||
| Q1 25 | $453.8M | $587.3M | ||
| Q4 24 | $493.9M | $647.6M | ||
| Q3 24 | $456.6M | $550.0M | ||
| Q2 24 | $426.7M | $613.3M | ||
| Q1 24 | $410.8M | $528.3M |
| Q4 25 | $-78.8M | $74.5M | ||
| Q3 25 | $-74.0M | $34.9M | ||
| Q2 25 | $-51.2M | $71.8M | ||
| Q1 25 | $-30.0M | $63.0M | ||
| Q4 24 | $-68.9M | $72.3M | ||
| Q3 24 | $-36.0M | $59.0M | ||
| Q2 24 | $-73.1M | $100.8M | ||
| Q1 24 | $-56.2M | $42.8M |
| Q4 25 | 43.1% | 41.4% | ||
| Q3 25 | 44.0% | 40.9% | ||
| Q2 25 | 43.6% | 49.7% | ||
| Q1 25 | 43.2% | 44.4% | ||
| Q4 24 | 38.6% | 40.4% | ||
| Q3 24 | 43.1% | 43.1% | ||
| Q2 24 | 44.1% | 48.4% | ||
| Q1 24 | 42.6% | 41.5% |
| Q4 25 | 9.8% | 19.4% | ||
| Q3 25 | -2.3% | 15.0% | ||
| Q2 25 | -5.7% | 21.1% | ||
| Q1 25 | 0.8% | 19.8% | ||
| Q4 24 | -3.8% | 18.6% | ||
| Q3 24 | 1.8% | 19.3% | ||
| Q2 24 | 1.8% | 27.4% | ||
| Q1 24 | -2.9% | 18.2% |
| Q4 25 | -16.8% | 10.1% | ||
| Q3 25 | -15.7% | 5.9% | ||
| Q2 25 | -10.7% | 10.9% | ||
| Q1 25 | -6.6% | 10.7% | ||
| Q4 24 | -13.9% | 11.2% | ||
| Q3 24 | -7.9% | 10.7% | ||
| Q2 24 | -17.1% | 16.4% | ||
| Q1 24 | -13.7% | 8.1% |
| Q4 25 | $-0.91 | $1.12 | ||
| Q3 25 | $-1.21 | $0.53 | ||
| Q2 25 | $-0.88 | $1.12 | ||
| Q1 25 | $-0.59 | $1.00 | ||
| Q4 24 | $-0.57 | $1.12 | ||
| Q3 24 | $-0.62 | $0.94 | ||
| Q2 24 | $-1.12 | $1.65 | ||
| Q1 24 | $-1.52 | $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 | $68.0M | $471.4M |
| 总债务越低越好 | $1.9B | — |
| 股东权益账面价值 | $442.0M | $750.2M |
| 总资产 | $3.0B | $6.2B |
| 负债/权益比越低杠杆越低 | 4.25× | — |
8季度趋势，按日历期对齐
| Q4 25 | $68.0M | $471.4M | ||
| Q3 25 | $61.1M | $483.3M | ||
| Q2 25 | $73.8M | $420.6M | ||
| Q1 25 | $146.2M | $413.9M | ||
| Q4 24 | $59.7M | $477.7M | ||
| Q3 24 | $64.9M | $534.9M | ||
| Q2 24 | $61.5M | $498.4M | ||
| Q1 24 | $59.5M | $465.3M |
| 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 | $1.7B | — | ||
| Q1 24 | $1.7B | — |
| Q4 25 | $442.0M | $750.2M | ||
| Q3 25 | $519.2M | $758.5M | ||
| Q2 25 | $601.9M | $800.4M | ||
| Q1 25 | $680.7M | $531.5M | ||
| Q4 24 | $678.6M | $549.0M | ||
| Q3 24 | $672.2M | $551.9M | ||
| Q2 24 | $711.3M | $562.6M | ||
| Q1 24 | $799.7M | $529.9M |
| Q4 25 | $3.0B | $6.2B | ||
| Q3 25 | $3.2B | $6.2B | ||
| Q2 25 | $3.3B | $6.1B | ||
| Q1 25 | $3.4B | $5.2B | ||
| Q4 24 | $3.3B | $5.2B | ||
| Q3 24 | $3.3B | $5.2B | ||
| Q2 24 | $3.2B | $5.1B | ||
| Q1 24 | $3.3B | $5.1B |
| Q4 25 | 4.25× | — | ||
| Q3 25 | 3.62× | — | ||
| Q2 25 | 3.09× | — | ||
| Q1 25 | 2.73× | — | ||
| Q4 24 | 2.61× | — | ||
| Q3 24 | 2.64× | — | ||
| Q2 24 | 2.42× | — | ||
| Q1 24 | 2.15× | — |
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 | $47.0M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $36.9M | $58.5M |
| 自由现金流率自由现金流/营收 | 7.9% | 7.9% |
| 资本支出强度资本支出/营收 | 2.2% | 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 | $-51.1M | $232.4M |
8季度趋势，按日历期对齐
| Q4 25 | $47.0M | $164.7M | ||
| Q3 25 | $10.7M | $205.2M | ||
| Q2 25 | $-35.2M | $122.5M | ||
| Q1 25 | $-29.3M | $98.2M | ||
| Q4 24 | $-16.1M | $166.6M | ||
| Q3 24 | $-48.4M | $218.1M | ||
| Q2 24 | $-61.3M | $184.3M | ||
| Q1 24 | $-25.4M | $7.5M |
| Q4 25 | $36.9M | $58.5M | ||
| Q3 25 | $481.0K | $135.4M | ||
| Q2 25 | $-46.0M | $53.0M | ||
| Q1 25 | $-42.4M | $-14.5M | ||
| Q4 24 | $-39.0M | $76.0M | ||
| Q3 24 | $-63.5M | $85.7M | ||
| Q2 24 | $-72.2M | $78.8M | ||
| Q1 24 | $-33.1M | $-72.0M |
| Q4 25 | 7.9% | 7.9% | ||
| Q3 25 | 0.1% | 22.9% | ||
| Q2 25 | -9.6% | 8.0% | ||
| Q1 25 | -9.4% | -2.5% | ||
| Q4 24 | -7.9% | 11.7% | ||
| Q3 24 | -13.9% | 15.6% | ||
| Q2 24 | -16.9% | 12.9% | ||
| Q1 24 | -8.1% | -13.6% |
| Q4 25 | 2.2% | 14.4% | ||
| Q3 25 | 2.2% | 11.8% | ||
| Q2 25 | 2.3% | 10.5% | ||
| Q1 25 | 2.9% | 19.2% | ||
| Q4 24 | 4.6% | 14.0% | ||
| Q3 24 | 3.3% | 24.1% | ||
| Q2 24 | 2.6% | 17.2% | ||
| Q1 24 | 1.9% | 15.0% |
| Q4 25 | — | 2.21× | ||
| Q3 25 | — | 5.88× | ||
| Q2 25 | — | 1.71× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 2.30× | ||
| Q3 24 | — | 3.70× | ||
| Q2 24 | — | 1.83× | ||
| Q1 24 | — | 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
CODI
| Other | $119.5M | 26% |
| A5.11Tactical | $113.9M | 24% |
| Sterno Products | $85.9M | 18% |
| Altor | $60.8M | 13% |
| The Honey Pot | $36.0M | 8% |
| Arnold | $25.4M | 5% |
| Velocity Outdoor | $18.7M | 4% |
| Lugano | $8.3M | 2% |
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% |
