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进步能源（FLNC）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.的季度营收约是进步能源的1.6倍（$737.8M vs $475.2M），Ryman Hospitality Properties, Inc.净利率更高（10.1% vs -9.5%，领先19.6%），进步能源同比增速更快（154.4% vs 13.9%），Ryman Hospitality Properties, Inc.自由现金流更多（$58.5M vs $-232.6M），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（18.2% vs -12.7%）
进步能源是一家电力生产与分销企业，并入杜克能源前为财富500强能源企业，总发电容量超21000兆瓦，年营收达90亿美元。公司总部位于北卡罗来纳州罗利，旗下拥有两家大型电力公用事业公司，为卡罗来纳州及佛罗里达州约310万用户提供服务。
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。
FLNC vs RHP — 直观对比
营收规模更大
RHP
是对方的1.6倍
$475.2M
营收增速更快
FLNC
高出140.5%
13.9%
净利率更高
RHP
高出19.6%
-9.5%
自由现金流更多
RHP
多$291.2M
$-232.6M
两年增速更快
RHP
近两年复合增速
-12.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $475.2M | $737.8M |
| 净利润 | $-45.1M | $74.5M |
| 毛利率 | 4.9% | 41.4% |
| 营业利润率 | -14.8% | 19.4% |
| 净利率 | -9.5% | 10.1% |
| 营收同比 | 154.4% | 13.9% |
| 净利润同比 | -8.7% | 3.0% |
| 每股收益（稀释后） | $-0.34 | $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FLNCRHP
| Q4 25 | $475.2M | $737.8M | ||
| Q3 25 | $1.0B | $592.5M | ||
| Q2 25 | $602.5M | $659.5M | ||
| Q1 25 | $431.6M | $587.3M | ||
| Q4 24 | $186.8M | $647.6M | ||
| Q3 24 | $1.2B | $550.0M | ||
| Q2 24 | $483.3M | $613.3M | ||
| Q1 24 | $623.1M | $528.3M |
净利润FLNCRHP
| Q4 25 | $-45.1M | $74.5M | ||
| Q3 25 | $17.9M | $34.9M | ||
| Q2 25 | $6.3M | $71.8M | ||
| Q1 25 | $-31.0M | $63.0M | ||
| Q4 24 | $-41.5M | $72.3M | ||
| Q3 24 | $47.8M | $59.0M | ||
| Q2 24 | $785.0K | $100.8M | ||
| Q1 24 | $-9.2M | $42.8M |
毛利率FLNCRHP
| Q4 25 | 4.9% | 41.4% | ||
| Q3 25 | 13.7% | 40.9% | ||
| Q2 25 | 14.8% | 49.7% | ||
| Q1 25 | 9.9% | 44.4% | ||
| Q4 24 | 11.4% | 40.4% | ||
| Q3 24 | 12.8% | 43.1% | ||
| Q2 24 | 17.2% | 48.4% | ||
| Q1 24 | 10.3% | 41.5% |
营业利润率FLNCRHP
| Q4 25 | -14.8% | 19.4% | ||
| Q3 25 | 4.4% | 15.0% | ||
| Q2 25 | 1.9% | 21.1% | ||
| Q1 25 | -10.2% | 19.8% | ||
| Q4 24 | -31.4% | 18.6% | ||
| Q3 24 | 6.2% | 19.3% | ||
| Q2 24 | 1.1% | 27.4% | ||
| Q1 24 | -2.3% | 18.2% |
净利率FLNCRHP
| Q4 25 | -9.5% | 10.1% | ||
| Q3 25 | 1.7% | 5.9% | ||
| Q2 25 | 1.0% | 10.9% | ||
| Q1 25 | -7.2% | 10.7% | ||
| Q4 24 | -22.2% | 11.2% | ||
| Q3 24 | 3.9% | 10.7% | ||
| Q2 24 | 0.2% | 16.4% | ||
| Q1 24 | -1.5% | 8.1% |
每股收益（稀释后）FLNCRHP
| Q4 25 | $-0.34 | $1.12 | ||
| Q3 25 | $0.18 | $0.53 | ||
| Q2 25 | $0.01 | $1.12 | ||
| Q1 25 | $-0.24 | $1.00 | ||
| Q4 24 | $-0.32 | $1.12 | ||
| Q3 24 | $0.34 | $0.94 | ||
| Q2 24 | $0.00 | $1.65 | ||
| Q1 24 | $-0.07 | $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 | $452.6M | $471.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $388.0M | $750.2M |
| 总资产 | $2.3B | $6.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资FLNCRHP
| Q4 25 | $452.6M | $471.4M | ||
| Q3 25 | $690.8M | $483.3M | ||
| Q2 25 | $436.3M | $420.6M | ||
| Q1 25 | $568.6M | $413.9M | ||
| Q4 24 | $607.4M | $477.7M | ||
| Q3 24 | $448.7M | $534.9M | ||
| Q2 24 | $388.2M | $498.4M | ||
| Q1 24 | $411.8M | $465.3M |
股东权益FLNCRHP
| Q4 25 | $388.0M | $750.2M | ||
| Q3 25 | $429.6M | $758.5M | ||
| Q2 25 | $407.4M | $800.4M | ||
| Q1 25 | $388.2M | $531.5M | ||
| Q4 24 | $409.4M | $549.0M | ||
| Q3 24 | $472.1M | $551.9M | ||
| Q2 24 | $421.2M | $562.6M | ||
| Q1 24 | $413.1M | $529.9M |
总资产FLNCRHP
| Q4 25 | $2.3B | $6.2B | ||
| Q3 25 | $2.4B | $6.2B | ||
| Q2 25 | $2.1B | $6.1B | ||
| Q1 25 | $2.3B | $5.2B | ||
| Q4 24 | $2.2B | $5.2B | ||
| Q3 24 | $1.9B | $5.2B | ||
| Q2 24 | $1.7B | $5.1B | ||
| Q1 24 | $1.5B | $5.1B |
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 | $-226.8M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $-232.6M | $58.5M |
| 自由现金流率自由现金流/营收 | -48.9% | 7.9% |
| 资本支出强度资本支出/营收 | 1.2% | 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 | $-179.7M | $232.4M |
8季度趋势，按日历期对齐
经营现金流FLNCRHP
| Q4 25 | $-226.8M | $164.7M | ||
| Q3 25 | $265.7M | $205.2M | ||
| Q2 25 | $-153.9M | $122.5M | ||
| Q1 25 | $-46.2M | $98.2M | ||
| Q4 24 | $-211.2M | $166.6M | ||
| Q3 24 | $10.5M | $218.1M | ||
| Q2 24 | $-21.1M | $184.3M | ||
| Q1 24 | $70.9M | $7.5M |
自由现金流FLNCRHP
| Q4 25 | $-232.6M | $58.5M | ||
| Q3 25 | $260.9M | $135.4M | ||
| Q2 25 | $-157.4M | $53.0M | ||
| Q1 25 | $-50.5M | $-14.5M | ||
| Q4 24 | $-213.3M | $76.0M | ||
| Q3 24 | $7.3M | $85.7M | ||
| Q2 24 | $-23.5M | $78.8M | ||
| Q1 24 | $69.9M | $-72.0M |
自由现金流率FLNCRHP
| Q4 25 | -48.9% | 7.9% | ||
| Q3 25 | 25.0% | 22.9% | ||
| Q2 25 | -26.1% | 8.0% | ||
| Q1 25 | -11.7% | -2.5% | ||
| Q4 24 | -114.2% | 11.7% | ||
| Q3 24 | 0.6% | 15.6% | ||
| Q2 24 | -4.9% | 12.9% | ||
| Q1 24 | 11.2% | -13.6% |
资本支出强度FLNCRHP
| Q4 25 | 1.2% | 14.4% | ||
| Q3 25 | 0.5% | 11.8% | ||
| Q2 25 | 0.6% | 10.5% | ||
| Q1 25 | 1.0% | 19.2% | ||
| Q4 24 | 1.1% | 14.0% | ||
| Q3 24 | 0.3% | 24.1% | ||
| Q2 24 | 0.5% | 17.2% | ||
| Q1 24 | 0.2% | 15.0% |
现金转化率FLNCRHP
| Q4 25 | — | 2.21× | ||
| Q3 25 | 14.81× | 5.88× | ||
| Q2 25 | -24.61× | 1.71× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 2.30× | ||
| Q3 24 | 0.22× | 3.70× | ||
| Q2 24 | -26.87× | 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
FLNC
| Products | $450.9M | 95% |
| Services | $22.5M | 5% |
| Digital Applications And Solutions | $1.9M | 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% |
