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Concentra Group Holdings Parent, Inc.（CON）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Concentra Group Holdings Parent, Inc.的1.4倍（$737.8M vs $539.1M），Ryman Hospitality Properties, Inc.净利率更高（10.1% vs 6.4%，领先3.7%），Concentra Group Holdings Parent, Inc.自由现金流更多（$98.5M vs $58.5M）
Concentra是美国的职业医疗服务商，1979年成立于得克萨斯州阿马里洛，总部位于得克萨斯州艾迪生。业务覆盖美国47个州，运营627家职业医疗中心和410个雇主驻地现场诊所，美国每7起职业伤害案例中就有1起由该机构提供诊疗服务。
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。
CON vs RHP — 直观对比
营收规模更大
RHP
是对方的1.4倍
$539.1M
净利率更高
RHP
高出3.7%
6.4%
自由现金流更多
CON
多$40.0M
$58.5M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $539.1M | $737.8M |
| 净利润 | $34.7M | $74.5M |
| 毛利率 | — | 41.4% |
| 营业利润率 | 12.9% | 19.4% |
| 净利率 | 6.4% | 10.1% |
| 营收同比 | — | 13.9% |
| 净利润同比 | — | 3.0% |
| 每股收益（稀释后） | $0.27 | $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CONRHP
| Q4 25 | $539.1M | $737.8M | ||
| Q3 25 | $572.8M | $592.5M | ||
| Q2 25 | $550.8M | $659.5M | ||
| Q1 25 | $500.8M | $587.3M | ||
| Q4 24 | — | $647.6M | ||
| Q3 24 | $489.6M | $550.0M | ||
| Q2 24 | $477.9M | $613.3M | ||
| Q1 24 | — | $528.3M |
净利润CONRHP
| Q4 25 | $34.7M | $74.5M | ||
| Q3 25 | $48.3M | $34.9M | ||
| Q2 25 | $44.6M | $71.8M | ||
| Q1 25 | $38.9M | $63.0M | ||
| Q4 24 | — | $72.3M | ||
| Q3 24 | $44.3M | $59.0M | ||
| Q2 24 | $51.7M | $100.8M | ||
| Q1 24 | — | $42.8M |
毛利率CONRHP
| Q4 25 | — | 41.4% | ||
| Q3 25 | — | 40.9% | ||
| Q2 25 | — | 49.7% | ||
| Q1 25 | — | 44.4% | ||
| Q4 24 | — | 40.4% | ||
| Q3 24 | — | 43.1% | ||
| Q2 24 | — | 48.4% | ||
| Q1 24 | — | 41.5% |
营业利润率CONRHP
| Q4 25 | 12.9% | 19.4% | ||
| Q3 25 | 16.5% | 15.0% | ||
| Q2 25 | 16.3% | 21.1% | ||
| Q1 25 | 16.0% | 19.8% | ||
| Q4 24 | — | 18.6% | ||
| Q3 24 | 17.6% | 19.3% | ||
| Q2 24 | 17.6% | 27.4% | ||
| Q1 24 | — | 18.2% |
净利率CONRHP
| Q4 25 | 6.4% | 10.1% | ||
| Q3 25 | 8.4% | 5.9% | ||
| Q2 25 | 8.1% | 10.9% | ||
| Q1 25 | 7.8% | 10.7% | ||
| Q4 24 | — | 11.2% | ||
| Q3 24 | 9.1% | 10.7% | ||
| Q2 24 | 10.8% | 16.4% | ||
| Q1 24 | — | 8.1% |
每股收益（稀释后）CONRHP
| Q4 25 | $0.27 | $1.12 | ||
| Q3 25 | $0.38 | $0.53 | ||
| Q2 25 | $0.35 | $1.12 | ||
| Q1 25 | $0.30 | $1.00 | ||
| Q4 24 | — | $1.12 | ||
| Q3 24 | $0.37 | $0.94 | ||
| Q2 24 | $0.50 | $1.65 | ||
| Q1 24 | — | $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 | $79.9M | $471.4M |
| 总债务越低越好 | $1.6B | — |
| 股东权益账面价值 | $393.3M | $750.2M |
| 总资产 | $2.9B | $6.2B |
| 负债/权益比越低杠杆越低 | 3.98× | — |
8季度趋势，按日历期对齐
现金及短期投资CONRHP
| Q4 25 | $79.9M | $471.4M | ||
| Q3 25 | $49.9M | $483.3M | ||
| Q2 25 | $73.9M | $420.6M | ||
| Q1 25 | $52.1M | $413.9M | ||
| Q4 24 | — | $477.7M | ||
| Q3 24 | $136.8M | $534.9M | ||
| Q2 24 | $50.7M | $498.4M | ||
| Q1 24 | — | $465.3M |
总债务CONRHP
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $3.0M | — | ||
| Q1 24 | — | — |
股东权益CONRHP
| Q4 25 | $393.3M | $750.2M | ||
| Q3 25 | $385.5M | $758.5M | ||
| Q2 25 | $342.6M | $800.4M | ||
| Q1 25 | $307.1M | $531.5M | ||
| Q4 24 | — | $549.0M | ||
| Q3 24 | $277.8M | $551.9M | ||
| Q2 24 | $1.2B | $562.6M | ||
| Q1 24 | — | $529.9M |
总资产CONRHP
| Q4 25 | $2.9B | $6.2B | ||
| Q3 25 | $2.8B | $6.2B | ||
| Q2 25 | $2.8B | $6.1B | ||
| Q1 25 | $2.7B | $5.2B | ||
| Q4 24 | — | $5.2B | ||
| Q3 24 | $2.5B | $5.2B | ||
| Q2 24 | $2.4B | $5.1B | ||
| Q1 24 | — | $5.1B |
负债/权益比CONRHP
| Q4 25 | 3.98× | — | ||
| Q3 25 | 4.15× | — | ||
| Q2 25 | 4.82× | — | ||
| Q1 25 | 5.27× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 5.30× | — | ||
| Q2 24 | 0.00× | — | ||
| Q1 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 | $118.7M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $98.5M | $58.5M |
| 自由现金流率自由现金流/营收 | 18.3% | 7.9% |
| 资本支出强度资本支出/营收 | 3.7% | 14.4% |
| 现金转化率经营现金流/净利润 | 3.42× | 2.21× |
| 过去12个月自由现金流最近4个季度 | $197.1M | $232.4M |
8季度趋势，按日历期对齐
经营现金流CONRHP
| Q4 25 | $118.7M | $164.7M | ||
| Q3 25 | $60.6M | $205.2M | ||
| Q2 25 | $88.4M | $122.5M | ||
| Q1 25 | $11.7M | $98.2M | ||
| Q4 24 | — | $166.6M | ||
| Q3 24 | $65.9M | $218.1M | ||
| Q2 24 | — | $184.3M | ||
| Q1 24 | — | $7.5M |
自由现金流CONRHP
| Q4 25 | $98.5M | $58.5M | ||
| Q3 25 | $39.4M | $135.4M | ||
| Q2 25 | $63.2M | $53.0M | ||
| Q1 25 | $-4.0M | $-14.5M | ||
| Q4 24 | — | $76.0M | ||
| Q3 24 | $50.8M | $85.7M | ||
| Q2 24 | — | $78.8M | ||
| Q1 24 | — | $-72.0M |
自由现金流率CONRHP
| Q4 25 | 18.3% | 7.9% | ||
| Q3 25 | 6.9% | 22.9% | ||
| Q2 25 | 11.5% | 8.0% | ||
| Q1 25 | -0.8% | -2.5% | ||
| Q4 24 | — | 11.7% | ||
| Q3 24 | 10.4% | 15.6% | ||
| Q2 24 | — | 12.9% | ||
| Q1 24 | — | -13.6% |
资本支出强度CONRHP
| Q4 25 | 3.7% | 14.4% | ||
| Q3 25 | 3.7% | 11.8% | ||
| Q2 25 | 4.6% | 10.5% | ||
| Q1 25 | 3.1% | 19.2% | ||
| Q4 24 | — | 14.0% | ||
| Q3 24 | 3.1% | 24.1% | ||
| Q2 24 | — | 17.2% | ||
| Q1 24 | — | 15.0% |
现金转化率CONRHP
| Q4 25 | 3.42× | 2.21× | ||
| Q3 25 | 1.26× | 5.88× | ||
| Q2 25 | 1.98× | 1.71× | ||
| Q1 25 | 0.30× | 1.56× | ||
| Q4 24 | — | 2.30× | ||
| Q3 24 | 1.49× | 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
CON
| Occupational Health Center Workers Compensation | $328.5M | 61% |
| Occupational Health Center Employer Services | $151.9M | 28% |
| Onsite Health Clinics | $36.2M | 7% |
| Other Businesses | $12.3M | 2% |
| Occupational Health Center Consumer Health | $8.1M | 2% |
| Occupational Health Center Other | $2.1M | 0% |
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% |
