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FMC CORP（FMC）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
FMC CORP的季度营收约是Ryman Hospitality Properties, Inc.的1.0倍（$759.0M vs $737.8M），Ryman Hospitality Properties, Inc.净利率更高（10.1% vs -37.0%，领先47.1%），Ryman Hospitality Properties, Inc.同比增速更快（13.9% vs -4.0%），Ryman Hospitality Properties, Inc.自由现金流更多（$58.5M vs $-628.1M），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（18.2% vs -14.5%）
FMC公司是总部位于美国宾夕法尼亚州费城的化工制造企业，1883年创立之初以生产杀虫剂为主，后续逐步拓展业务至其他领域。二战期间曾为美国陆军部设计生产两栖履带登陆车，目前在全球拥有7000名员工，业务布局广泛。
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。
FMC vs RHP — 直观对比
营收规模更大
FMC
是对方的1.0倍
$737.8M
营收增速更快
RHP
高出18.0%
-4.0%
净利率更高
RHP
高出47.1%
-37.0%
自由现金流更多
RHP
多$686.6M
$-628.1M
两年增速更快
RHP
近两年复合增速
-14.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $759.0M | $737.8M |
| 净利润 | $-281.2M | $74.5M |
| 毛利率 | — | 41.4% |
| 营业利润率 | -10.6% | 19.4% |
| 净利率 | -37.0% | 10.1% |
| 营收同比 | -4.0% | 13.9% |
| 净利润同比 | — | 3.0% |
| 每股收益（稀释后） | $-2.25 | $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FMCRHP
| Q1 26 | $759.0M | — | ||
| Q4 25 | $1.1B | $737.8M | ||
| Q3 25 | $542.2M | $592.5M | ||
| Q2 25 | $1.1B | $659.5M | ||
| Q1 25 | $791.4M | $587.3M | ||
| Q4 24 | $1.2B | $647.6M | ||
| Q3 24 | $1.1B | $550.0M | ||
| Q2 24 | $1.0B | $613.3M |
净利润FMCRHP
| Q1 26 | $-281.2M | — | ||
| Q4 25 | $-1.7B | $74.5M | ||
| Q3 25 | $-569.3M | $34.9M | ||
| Q2 25 | $66.7M | $71.8M | ||
| Q1 25 | $-15.5M | $63.0M | ||
| Q4 24 | $-16.3M | $72.3M | ||
| Q3 24 | $65.0M | $59.0M | ||
| Q2 24 | $295.1M | $100.8M |
毛利率FMCRHP
| Q1 26 | — | — | ||
| Q4 25 | 39.8% | 41.4% | ||
| Q3 25 | 23.8% | 40.9% | ||
| Q2 25 | 38.7% | 49.7% | ||
| Q1 25 | 40.0% | 44.4% | ||
| Q4 24 | 42.9% | 40.4% | ||
| Q3 24 | 36.3% | 43.1% | ||
| Q2 24 | 38.3% | 48.4% |
营业利润率FMCRHP
| Q1 26 | -10.6% | — | ||
| Q4 25 | -130.8% | 19.4% | ||
| Q3 25 | -73.1% | 15.0% | ||
| Q2 25 | 12.0% | 21.1% | ||
| Q1 25 | 7.4% | 19.8% | ||
| Q4 24 | 19.2% | 18.6% | ||
| Q3 24 | 12.7% | 19.3% | ||
| Q2 24 | 6.0% | 27.4% |
净利率FMCRHP
| Q1 26 | -37.0% | — | ||
| Q4 25 | -158.8% | 10.1% | ||
| Q3 25 | -105.0% | 5.9% | ||
| Q2 25 | 6.3% | 10.9% | ||
| Q1 25 | -2.0% | 10.7% | ||
| Q4 24 | -1.3% | 11.2% | ||
| Q3 24 | 6.1% | 10.7% | ||
| Q2 24 | 28.4% | 16.4% |
每股收益（稀释后）FMCRHP
| Q1 26 | $-2.25 | — | ||
| Q4 25 | $-13.77 | $1.12 | ||
| Q3 25 | $-4.52 | $0.53 | ||
| Q2 25 | $0.53 | $1.12 | ||
| Q1 25 | $-0.12 | $1.00 | ||
| Q4 24 | $-0.13 | $1.12 | ||
| Q3 24 | $0.52 | $0.94 | ||
| Q2 24 | $2.35 | $1.65 |
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 | $390.9M | $471.4M |
| 总债务越低越好 | $2.8B | — |
| 股东权益账面价值 | $1.8B | $750.2M |
| 总资产 | $9.4B | $6.2B |
| 负债/权益比越低杠杆越低 | 1.50× | — |
8季度趋势，按日历期对齐
现金及短期投资FMCRHP
| Q1 26 | $390.9M | — | ||
| Q4 25 | $584.5M | $471.4M | ||
| Q3 25 | $497.7M | $483.3M | ||
| Q2 25 | $438.2M | $420.6M | ||
| Q1 25 | $315.3M | $413.9M | ||
| Q4 24 | $357.3M | $477.7M | ||
| Q3 24 | $416.7M | $534.9M | ||
| Q2 24 | $471.5M | $498.4M |
总债务FMCRHP
| Q1 26 | $2.8B | — | ||
| Q4 25 | $3.4B | — | ||
| Q3 25 | $3.4B | — | ||
| Q2 25 | $3.4B | — | ||
| Q1 25 | $3.1B | — | ||
| Q4 24 | $3.1B | — | ||
| Q3 24 | $3.1B | — | ||
| Q2 24 | $3.1B | — |
股东权益FMCRHP
| Q1 26 | $1.8B | — | ||
| Q4 25 | $2.1B | $750.2M | ||
| Q3 25 | $3.8B | $758.5M | ||
| Q2 25 | $4.4B | $800.4M | ||
| Q1 25 | $4.4B | $531.5M | ||
| Q4 24 | $4.5B | $549.0M | ||
| Q3 24 | $4.6B | $551.9M | ||
| Q2 24 | $4.6B | $562.6M |
总资产FMCRHP
| Q1 26 | $9.4B | — | ||
| Q4 25 | $9.7B | $6.2B | ||
| Q3 25 | $12.1B | $6.2B | ||
| Q2 25 | $12.3B | $6.1B | ||
| Q1 25 | $11.8B | $5.2B | ||
| Q4 24 | $11.7B | $5.2B | ||
| Q3 24 | $12.2B | $5.2B | ||
| Q2 24 | $12.1B | $5.1B |
负债/权益比FMCRHP
| Q1 26 | 1.50× | — | ||
| Q4 25 | 1.62× | — | ||
| Q3 25 | 0.89× | — | ||
| Q2 25 | 0.76× | — | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | 0.69× | — | ||
| Q3 24 | 0.68× | — | ||
| Q2 24 | 0.68× | — |
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 | — | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $-628.1M | $58.5M |
| 自由现金流率自由现金流/营收 | -82.8% | 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 | $-154.0M | $232.4M |
8季度趋势，按日历期对齐
经营现金流FMCRHP
| Q1 26 | — | — | ||
| Q4 25 | $657.1M | $164.7M | ||
| Q3 25 | $-184.2M | $205.2M | ||
| Q2 25 | $65.9M | $122.5M | ||
| Q1 25 | $-545.0M | $98.2M | ||
| Q4 24 | $427.9M | $166.6M | ||
| Q3 24 | $159.5M | $218.1M | ||
| Q2 24 | $292.2M | $184.3M |
自由现金流FMCRHP
| Q1 26 | $-628.1M | — | ||
| Q4 25 | $631.1M | $58.5M | ||
| Q3 25 | $-207.9M | $135.4M | ||
| Q2 25 | $50.9M | $53.0M | ||
| Q1 25 | $-576.6M | $-14.5M | ||
| Q4 24 | $406.3M | $76.0M | ||
| Q3 24 | $143.8M | $85.7M | ||
| Q2 24 | $282.3M | $78.8M |
自由现金流率FMCRHP
| Q1 26 | -82.8% | — | ||
| Q4 25 | 58.3% | 7.9% | ||
| Q3 25 | -38.3% | 22.9% | ||
| Q2 25 | 4.8% | 8.0% | ||
| Q1 25 | -72.9% | -2.5% | ||
| Q4 24 | 33.2% | 11.7% | ||
| Q3 24 | 13.5% | 15.6% | ||
| Q2 24 | 27.2% | 12.9% |
资本支出强度FMCRHP
| Q1 26 | 2.2% | — | ||
| Q4 25 | 2.4% | 14.4% | ||
| Q3 25 | 4.4% | 11.8% | ||
| Q2 25 | 1.4% | 10.5% | ||
| Q1 25 | 4.0% | 19.2% | ||
| Q4 24 | 1.8% | 14.0% | ||
| Q3 24 | 1.5% | 24.1% | ||
| Q2 24 | 1.0% | 17.2% |
现金转化率FMCRHP
| Q1 26 | — | — | ||
| Q4 25 | — | 2.21× | ||
| Q3 25 | — | 5.88× | ||
| Q2 25 | 0.99× | 1.71× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 2.30× | ||
| Q3 24 | 2.45× | 3.70× | ||
| Q2 24 | 0.99× | 1.83× |
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
FMC
| EMEA | $307.0M | 40% |
| North America | $198.0M | 26% |
| Latin America | $177.0M | 23% |
| Asia (excluding 2026 India) 1 | $81.0M | 11% |
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% |
