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凯撒娱乐（CZR）与Target Hospitality Corp.（TH）财务数据对比。点击上方公司名可切换其他公司
凯撒娱乐的季度营收约是Target Hospitality Corp.的39.7倍（$2.9B vs $73.5M）。凯撒娱乐净利率更高（-8.6% vs -20.3%，领先11.8%）。Target Hospitality Corp.同比增速更快（22.0% vs 4.2%）。过去两年凯撒娱乐的营收复合增速更高（3.1% vs 0.7%）
凯撒娱乐前身为埃尔拉多度假村公司，是总部位于美国内华达州里诺的酒店博彩娱乐集团。2020年7月20日公司收购原凯撒娱乐集团后更为现名，目前运营超过50处物业，业务覆盖酒店、博彩、休闲娱乐等多个领域。
Target Hospitality是一家专业住宿服务提供商，主营石油、天然气及矿业项目用工住宿，也提供大型活动、灾后救援所需的临时模块化住宿，总部位于得克萨斯州伍德兰兹，同时在北达科他州威利斯顿、科罗拉多州丹佛以及阿尔伯塔省卡尔加里设有办事处。
CZR vs TH — 直观对比
营收规模更大
CZR
是对方的39.7倍
$73.5M
营收增速更快
TH
高出17.8%
4.2%
净利率更高
CZR
高出11.8%
-20.3%
两年增速更快
CZR
近两年复合增速
0.7%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $73.5M |
| 净利润 | $-250.0M | $-14.9M |
| 毛利率 | — | 9.6% |
| 营业利润率 | 11.4% | -22.9% |
| 净利率 | -8.6% | -20.3% |
| 营收同比 | 4.2% | 22.0% |
| 净利润同比 | -2372.7% | -219.1% |
| 每股收益（稀释后） | $-1.22 | $-0.14 |
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CZRTH
| Q4 25 | $2.9B | $73.5M | ||
| Q3 25 | $2.9B | $91.6M | ||
| Q2 25 | $2.9B | $54.9M | ||
| Q1 25 | $2.8B | $54.9M | ||
| Q4 24 | $2.8B | $60.2M | ||
| Q3 24 | $2.9B | $65.8M | ||
| Q2 24 | $2.8B | $67.5M | ||
| Q1 24 | $2.7B | $72.4M |
净利润CZRTH
| Q4 25 | $-250.0M | $-14.9M | ||
| Q3 25 | $-55.0M | $-795.0K | ||
| Q2 25 | $-82.0M | $-14.9M | ||
| Q1 25 | $-115.0M | $-6.5M | ||
| Q4 24 | $11.0M | $12.5M | ||
| Q3 24 | $-9.0M | $20.0M | ||
| Q2 24 | $-122.0M | $18.4M | ||
| Q1 24 | $-158.0M | $20.4M |
毛利率CZRTH
| Q4 25 | — | 9.6% | ||
| Q3 25 | — | 19.6% | ||
| Q2 25 | — | -0.6% | ||
| Q1 25 | — | 32.7% | ||
| Q4 24 | — | 61.5% | ||
| Q3 24 | — | 68.7% | ||
| Q2 24 | — | 69.4% | ||
| Q1 24 | — | 67.8% |
营业利润率CZRTH
| Q4 25 | 11.4% | -22.9% | ||
| Q3 25 | 17.9% | 0.1% | ||
| Q2 25 | 18.1% | -30.8% | ||
| Q1 25 | 17.5% | -2.0% | ||
| Q4 24 | 23.9% | 34.5% | ||
| Q3 24 | 22.4% | 42.5% | ||
| Q2 24 | 17.9% | 43.8% | ||
| Q1 24 | 17.7% | 42.0% |
净利率CZRTH
| Q4 25 | -8.6% | -20.3% | ||
| Q3 25 | -1.9% | -0.9% | ||
| Q2 25 | -2.8% | -27.2% | ||
| Q1 25 | -4.1% | -11.8% | ||
| Q4 24 | 0.4% | 20.8% | ||
| Q3 24 | -0.3% | 30.4% | ||
| Q2 24 | -4.3% | 27.2% | ||
| Q1 24 | -5.8% | 28.2% |
每股收益（稀释后）CZRTH
| Q4 25 | $-1.22 | $-0.14 | ||
| Q3 25 | $-0.27 | $-0.01 | ||
| Q2 25 | $-0.39 | $-0.15 | ||
| Q1 25 | $-0.54 | $-0.07 | ||
| Q4 24 | $0.04 | $0.12 | ||
| Q3 24 | $-0.04 | $0.20 | ||
| Q2 24 | $-0.56 | $0.18 | ||
| Q1 24 | $-0.73 | $0.20 |
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 | $887.0M | $8.3M |
| 总债务越低越好 | $11.9B | $1.7M |
| 股东权益账面价值 | $3.5B | $389.3M |
| 总资产 | $31.6B | $530.2M |
| 负债/权益比越低杠杆越低 | 3.40× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资CZRTH
| Q4 25 | $887.0M | $8.3M | ||
| Q3 25 | $836.0M | $30.4M | ||
| Q2 25 | $982.0M | $19.2M | ||
| Q1 25 | $884.0M | $34.5M | ||
| Q4 24 | $866.0M | $190.7M | ||
| Q3 24 | $802.0M | $177.7M | ||
| Q2 24 | $830.0M | $154.3M | ||
| Q1 24 | $726.0M | $124.3M |
总债务CZRTH
| Q4 25 | $11.9B | $1.7M | ||
| Q3 25 | $11.9B | $2.0M | ||
| Q2 25 | $12.3B | $26.3M | ||
| Q1 25 | $12.3B | $42.9M | ||
| Q4 24 | $12.3B | $1.5M | ||
| Q3 24 | $12.7B | $994.0K | ||
| Q2 24 | $12.4B | $1.1M | ||
| Q1 24 | $12.4B | $179.9M |
股东权益CZRTH
| Q4 25 | $3.5B | $389.3M | ||
| Q3 25 | $3.8B | $402.4M | ||
| Q2 25 | $3.9B | $401.3M | ||
| Q1 25 | $4.1B | $415.3M | ||
| Q4 24 | $4.2B | $421.1M | ||
| Q3 24 | $4.2B | $417.6M | ||
| Q2 24 | $4.3B | $397.2M | ||
| Q1 24 | $4.4B | $375.5M |
总资产CZRTH
| Q4 25 | $31.6B | $530.2M | ||
| Q3 25 | $31.9B | $541.2M | ||
| Q2 25 | $32.5B | $533.7M | ||
| Q1 25 | $32.4B | $562.5M | ||
| Q4 24 | $32.6B | $725.8M | ||
| Q3 24 | $33.0B | $709.8M | ||
| Q2 24 | $33.1B | $697.0M | ||
| Q1 24 | $33.1B | $687.2M |
负债/权益比CZRTH
| Q4 25 | 3.40× | 0.00× | ||
| Q3 25 | 3.15× | 0.01× | ||
| Q2 25 | 3.15× | 0.07× | ||
| Q1 25 | 3.04× | 0.10× | ||
| Q4 24 | 2.96× | 0.00× | ||
| Q3 24 | 3.04× | 0.00× | ||
| Q2 24 | 2.89× | 0.00× | ||
| Q1 24 | 2.82× | 0.48× |
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 | $304.0M | $5.7M |
| 自由现金流经营现金流 - 资本支出 | $147.0M | — |
| 自由现金流率自由现金流/营收 | 5.0% | — |
| 资本支出强度资本支出/营收 | 5.4% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $497.0M | — |
8季度趋势，按日历期对齐
经营现金流CZRTH
| Q4 25 | $304.0M | $5.7M | ||
| Q3 25 | $318.0M | $53.4M | ||
| Q2 25 | $462.0M | $11.1M | ||
| Q1 25 | $218.0M | $3.9M | ||
| Q4 24 | $309.0M | $30.6M | ||
| Q3 24 | $232.0M | $31.4M | ||
| Q2 24 | $454.0M | $39.1M | ||
| Q1 24 | $80.0M | $50.6M |
自由现金流CZRTH
| Q4 25 | $147.0M | — | ||
| Q3 25 | $123.0M | — | ||
| Q2 25 | $232.0M | — | ||
| Q1 25 | $-5.0M | $-11.6M | ||
| Q4 24 | $30.0M | — | ||
| Q3 24 | $-192.0M | — | ||
| Q2 24 | $125.0M | — | ||
| Q1 24 | $-184.0M | — |
自由现金流率CZRTH
| Q4 25 | 5.0% | — | ||
| Q3 25 | 4.3% | — | ||
| Q2 25 | 8.0% | — | ||
| Q1 25 | -0.2% | -21.1% | ||
| Q4 24 | 1.1% | — | ||
| Q3 24 | -6.7% | — | ||
| Q2 24 | 4.4% | — | ||
| Q1 24 | -6.7% | — |
资本支出强度CZRTH
| Q4 25 | 5.4% | — | ||
| Q3 25 | 6.8% | — | ||
| Q2 25 | 7.9% | — | ||
| Q1 25 | 8.0% | 28.2% | ||
| Q4 24 | 10.0% | — | ||
| Q3 24 | 14.8% | — | ||
| Q2 24 | 11.6% | — | ||
| Q1 24 | 9.6% | — |
现金转化率CZRTH
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 28.09× | 2.44× | ||
| Q3 24 | — | 1.57× | ||
| Q2 24 | — | 2.13× | ||
| Q1 24 | — | 2.48× |
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
CZR
暂无分部数据
TH
| Services | $40.9M | 56% |
| Hospitality And Facilities Services South | $32.6M | 44% |
