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GENESIS ENERGY LP（GEL）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GENESIS ENERGY LP的1.5倍（$664.6M vs $440.8M），Ryman Hospitality Properties, Inc.净利率更高（10.4% vs 4.5%，领先5.9%），Ryman Hospitality Properties, Inc.同比增速更快（13.2% vs 10.5%），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（4.1% vs 0.7%）
Genesis Energy LP是一家总部位于美国的中游能源合伙企业，主营原油、天然气、成品油及特种工业原料的基础设施运营与物流服务，旗下资产涵盖管道、仓储码头、海运设施及铁路物流枢纽，为北美地区的炼油厂、工业客户及能源分销商提供服务。
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。
GEL vs RHP — 直观对比
营收规模更大
RHP
是对方的1.5倍
$440.8M
营收增速更快
RHP
高出2.7%
10.5%
净利率更高
RHP
高出5.9%
4.5%
两年增速更快
RHP
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $440.8M | $664.6M |
| 净利润 | $19.9M | $69.4M |
| 毛利率 | — | — |
| 营业利润率 | 20.4% | 20.7% |
| 净利率 | 4.5% | 10.4% |
| 营收同比 | 10.5% | 13.2% |
| 净利润同比 | 140.2% | 10.1% |
| 每股收益（稀释后） | $0.04 | $1.03 |
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GELRHP
| Q1 26 | — | $664.6M | ||
| Q4 25 | $440.8M | $737.8M | ||
| Q3 25 | $414.0M | $592.5M | ||
| Q2 25 | $377.3M | $659.5M | ||
| Q1 25 | $398.3M | $587.3M | ||
| Q4 24 | $398.9M | $647.6M | ||
| Q3 24 | $397.3M | $550.0M | ||
| Q2 24 | $430.2M | $613.3M |
净利润GELRHP
| Q1 26 | — | $69.4M | ||
| Q4 25 | $19.9M | $74.5M | ||
| Q3 25 | $9.2M | $34.9M | ||
| Q2 25 | $-406.0K | $71.8M | ||
| Q1 25 | $-469.1M | $63.0M | ||
| Q4 24 | $-49.4M | $72.3M | ||
| Q3 24 | $-17.2M | $59.0M | ||
| Q2 24 | $-8.7M | $100.8M |
毛利率GELRHP
| Q1 26 | — | — | ||
| 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% |
营业利润率GELRHP
| Q1 26 | — | 20.7% | ||
| Q4 25 | 20.4% | 19.4% | ||
| Q3 25 | 19.0% | 15.0% | ||
| Q2 25 | 17.9% | 21.1% | ||
| Q1 25 | 5.5% | 19.8% | ||
| Q4 24 | 3.4% | 18.6% | ||
| Q3 24 | 12.2% | 19.3% | ||
| Q2 24 | 11.6% | 27.4% |
净利率GELRHP
| Q1 26 | — | 10.4% | ||
| Q4 25 | 4.5% | 10.1% | ||
| Q3 25 | 2.2% | 5.9% | ||
| Q2 25 | -0.1% | 10.9% | ||
| Q1 25 | -117.8% | 10.7% | ||
| Q4 24 | -12.4% | 11.2% | ||
| Q3 24 | -4.3% | 10.7% | ||
| Q2 24 | -2.0% | 16.4% |
每股收益（稀释后）GELRHP
| Q1 26 | — | $1.03 | ||
| Q4 25 | $0.04 | $1.12 | ||
| Q3 25 | $-0.05 | $0.53 | ||
| Q2 25 | $-0.12 | $1.12 | ||
| Q1 25 | $-4.06 | $1.00 | ||
| Q4 24 | $-0.58 | $1.12 | ||
| Q3 24 | $-0.32 | $0.94 | ||
| Q2 24 | $-0.25 | $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 | $6.4M | — |
| 总债务越低越好 | $3.0B | — |
| 股东权益账面价值 | — | $770.8M |
| 总资产 | $4.9B | $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GELRHP
| Q1 26 | — | — | ||
| Q4 25 | $6.4M | $471.4M | ||
| Q3 25 | $4.9M | $483.3M | ||
| Q2 25 | $4.5M | $420.6M | ||
| Q1 25 | $377.4M | $413.9M | ||
| Q4 24 | $7.4M | $477.7M | ||
| Q3 24 | $13.0M | $534.9M | ||
| Q2 24 | $13.7M | $498.4M |
总债务GELRHP
| Q1 26 | — | — | ||
| Q4 25 | $3.0B | — | ||
| Q3 25 | $3.1B | — | ||
| Q2 25 | $3.1B | — | ||
| Q1 25 | $3.4B | — | ||
| Q4 24 | $3.7B | — | ||
| Q3 24 | $4.0B | — | ||
| Q2 24 | $3.9B | — |
股东权益GELRHP
| Q1 26 | — | $770.8M | ||
| Q4 25 | — | $750.2M | ||
| Q3 25 | — | $758.5M | ||
| Q2 25 | — | $800.4M | ||
| Q1 25 | — | $531.5M | ||
| Q4 24 | — | $549.0M | ||
| Q3 24 | — | $551.9M | ||
| Q2 24 | — | $562.6M |
总资产GELRHP
| Q1 26 | — | $6.2B | ||
| Q4 25 | $4.9B | $6.2B | ||
| Q3 25 | $4.9B | $6.2B | ||
| Q2 25 | $4.8B | $6.1B | ||
| Q1 25 | $5.2B | $5.2B | ||
| Q4 24 | $7.0B | $5.2B | ||
| Q3 24 | $7.1B | $5.2B | ||
| Q2 24 | $7.0B | $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 | $110.8M | — |
| 自由现金流经营现金流 - 资本支出 | $87.0M | — |
| 自由现金流率自由现金流/营收 | 19.7% | — |
| 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 | 5.58× | — |
| 过去12个月自由现金流最近4个季度 | $65.9M | — |
8季度趋势，按日历期对齐
经营现金流GELRHP
| Q1 26 | — | — | ||
| Q4 25 | $110.8M | $164.7M | ||
| Q3 25 | $70.3M | $205.2M | ||
| Q2 25 | $47.0M | $122.5M | ||
| Q1 25 | $24.8M | $98.2M | ||
| Q4 24 | $74.0M | $166.6M | ||
| Q3 24 | $87.3M | $218.1M | ||
| Q2 24 | $104.7M | $184.3M |
自由现金流GELRHP
| Q1 26 | — | — | ||
| Q4 25 | $87.0M | $58.5M | ||
| Q3 25 | $43.3M | $135.4M | ||
| Q2 25 | $-7.6M | $53.0M | ||
| Q1 25 | $-56.8M | $-14.5M | ||
| Q4 24 | $-47.1M | $76.0M | ||
| Q3 24 | $-32.3M | $85.7M | ||
| Q2 24 | $-67.5M | $78.8M |
自由现金流率GELRHP
| Q1 26 | — | — | ||
| Q4 25 | 19.7% | 7.9% | ||
| Q3 25 | 10.5% | 22.9% | ||
| Q2 25 | -2.0% | 8.0% | ||
| Q1 25 | -14.3% | -2.5% | ||
| Q4 24 | -11.8% | 11.7% | ||
| Q3 24 | -8.1% | 15.6% | ||
| Q2 24 | -15.7% | 12.9% |
资本支出强度GELRHP
| Q1 26 | — | — | ||
| Q4 25 | 5.4% | 14.4% | ||
| Q3 25 | 6.5% | 11.8% | ||
| Q2 25 | 14.5% | 10.5% | ||
| Q1 25 | 20.5% | 19.2% | ||
| Q4 24 | 30.3% | 14.0% | ||
| Q3 24 | 30.1% | 24.1% | ||
| Q2 24 | 40.0% | 17.2% |
现金转化率GELRHP
| Q1 26 | — | — | ||
| Q4 25 | 5.58× | 2.21× | ||
| Q3 25 | 7.63× | 5.88× | ||
| Q2 25 | — | 1.71× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 2.30× | ||
| Q3 24 | — | 3.70× | ||
| Q2 24 | — | 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
GEL
| Onshore Facilities And Transportation Revenue | $204.2M | 46% |
| Offshore Pipeline Transportation Revenue | $154.3M | 35% |
| Marine Transportation Revenue | $82.2M | 19% |
RHP
| Food and beverage | $289.3M | 44% |
| Rooms | $223.8M | 34% |
| Entertainment | $79.2M | 12% |
| Other | $72.3M | 11% |
