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Gaming & Leisure Properties, Inc.（GLPI）与STARWOOD PROPERTY TRUST, INC.（STWD）财务数据对比。点击上方公司名可切换其他公司
STARWOOD PROPERTY TRUST, INC.的季度营收约是Gaming & Leisure Properties, Inc.的1.2倍（$492.9M vs $420.0M），Gaming & Leisure Properties, Inc.净利率更高（57.0% vs 19.7%，领先37.3%），STARWOOD PROPERTY TRUST, INC.同比增速更快（8.5% vs 6.3%），过去两年Gaming & Leisure Properties, Inc.的营收复合增速更高（5.0% vs -2.9%）
博彩与休闲地产公司（GLPI）是一家专注于赌场物业的房地产投资信托（REIT），总部位于宾夕法尼亚州怀奥米辛。公司于2013年11月从宾州国民娱乐分拆成立，目前持有62处赌场物业，全部对外出租给其他企业运营。
喜达屋酒店及度假村国际集团是全球规模最大的酒店企业之一，业务涵盖酒店、度假村、水疗中心、住宅及度假产权物业的持有、运营、特许经营与管理。集团前身为1969年成立的房地产投资信托基金，1995年完成收购重组，旗下共11个品牌，管理及特许经营的物业共计1297处。
GLPI vs STWD — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $420.0M | $492.9M |
| 净利润 | $239.4M | $96.9M |
| 毛利率 | — | — |
| 营业利润率 | 79.4% | 26.6% |
| 净利率 | 57.0% | 19.7% |
| 营收同比 | 6.3% | 8.5% |
| 净利润同比 | 40.5% | 87.7% |
| 每股收益（稀释后） | — | $0.25 |
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
| Q1 26 | $420.0M | — | ||
| Q4 25 | $407.0M | $492.9M | ||
| Q3 25 | $397.6M | $488.9M | ||
| Q2 25 | $394.9M | $444.3M | ||
| Q1 25 | $395.2M | $418.2M | ||
| Q4 24 | $389.6M | $454.4M | ||
| Q3 24 | $385.3M | $479.5M | ||
| Q2 24 | $380.6M | $489.8M |
| Q1 26 | $239.4M | — | ||
| Q4 25 | $275.4M | $96.9M | ||
| Q3 25 | $241.2M | $72.6M | ||
| Q2 25 | $151.4M | $129.8M | ||
| Q1 25 | $165.2M | $112.3M | ||
| Q4 24 | $223.6M | $51.6M | ||
| Q3 24 | $184.7M | $76.1M | ||
| Q2 24 | $208.3M | $77.9M |
| Q1 26 | 79.4% | — | ||
| Q4 25 | 89.3% | 26.6% | ||
| Q3 25 | 84.8% | 19.1% | ||
| Q2 25 | 61.3% | 30.5% | ||
| Q1 25 | 65.5% | 28.7% | ||
| Q4 24 | 79.1% | 15.1% | ||
| Q3 24 | 70.4% | 17.2% | ||
| Q2 24 | 77.1% | 19.1% |
| Q1 26 | 57.0% | — | ||
| Q4 25 | 67.6% | 19.7% | ||
| Q3 25 | 60.7% | 14.8% | ||
| Q2 25 | 38.4% | 29.2% | ||
| Q1 25 | 41.8% | 26.8% | ||
| Q4 24 | 57.4% | 11.4% | ||
| Q3 24 | 47.9% | 15.9% | ||
| Q2 24 | 54.7% | 15.9% |
| Q1 26 | — | — | ||
| Q4 25 | $0.96 | $0.25 | ||
| Q3 25 | $0.85 | $0.19 | ||
| Q2 25 | $0.54 | $0.38 | ||
| Q1 25 | $0.60 | $0.33 | ||
| Q4 24 | $0.79 | $0.15 | ||
| Q3 24 | $0.67 | $0.23 | ||
| Q2 24 | $0.77 | $0.24 |
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 | $274.5M | $499.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.0B | $6.8B |
| 总资产 | $13.8B | $63.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
| Q1 26 | $274.5M | — | ||
| Q4 25 | — | $499.5M | ||
| Q3 25 | — | $301.1M | ||
| Q2 25 | — | $259.9M | ||
| Q1 25 | — | $440.6M | ||
| Q4 24 | $560.8M | $377.8M | ||
| Q3 24 | $560.8M | $357.9M | ||
| Q2 24 | $560.8M | $259.3M |
| Q1 26 | — | — | ||
| Q4 25 | $7.2B | — | ||
| Q3 25 | $7.2B | — | ||
| Q2 25 | $6.9B | — | ||
| Q1 25 | $6.9B | — | ||
| Q4 24 | $7.7B | — | ||
| Q3 24 | $7.4B | — | ||
| Q2 24 | $6.6B | — |
| Q1 26 | $5.0B | — | ||
| Q4 25 | $4.6B | $6.8B | ||
| Q3 25 | $4.6B | $6.9B | ||
| Q2 25 | $4.6B | $6.4B | ||
| Q1 25 | $4.2B | $6.4B | ||
| Q4 24 | $4.3B | $6.4B | ||
| Q3 24 | $4.3B | $6.5B | ||
| Q2 24 | $4.1B | $6.2B |
| Q1 26 | $13.8B | — | ||
| Q4 25 | $12.9B | $63.2B | ||
| Q3 25 | $12.8B | $62.4B | ||
| Q2 25 | $12.5B | $62.4B | ||
| Q1 25 | $12.1B | $62.2B | ||
| Q4 24 | $13.1B | $62.6B | ||
| Q3 24 | $12.7B | $64.2B | ||
| Q2 24 | $11.8B | $64.1B |
| Q1 26 | — | — | ||
| Q4 25 | 1.56× | — | ||
| Q3 25 | 1.57× | — | ||
| Q2 25 | 1.51× | — | ||
| Q1 25 | 1.63× | — | ||
| Q4 24 | 1.81× | — | ||
| Q3 24 | 1.74× | — | ||
| Q2 24 | 1.60× | — |
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 | — | $488.8M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 5.04× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $488.8M | ||
| Q3 25 | $240.3M | $337.6M | ||
| Q2 25 | $293.4M | $-87.4M | ||
| Q1 25 | $252.5M | $238.9M | ||
| Q4 24 | $1.1B | $295.6M | ||
| Q3 24 | $270.4M | $241.8M | ||
| Q2 24 | $252.1M | $53.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $183.0M | — | ||
| Q2 25 | $272.3M | — | ||
| Q1 25 | $239.6M | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $261.5M | — | ||
| Q2 24 | $245.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 46.0% | — | ||
| Q2 25 | 69.0% | — | ||
| Q1 25 | 60.6% | — | ||
| Q4 24 | 275.3% | — | ||
| Q3 24 | 67.9% | — | ||
| Q2 24 | 64.4% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 14.4% | — | ||
| Q2 25 | 5.3% | — | ||
| Q1 25 | 3.3% | — | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 2.3% | — | ||
| Q2 24 | 1.9% | — |
| Q1 26 | — | — | ||
| Q4 25 | 4.10× | 5.04× | ||
| Q3 25 | 1.00× | 4.65× | ||
| Q2 25 | 1.94× | -0.67× | ||
| Q1 25 | 1.53× | 2.13× | ||
| Q4 24 | 4.80× | 5.72× | ||
| Q3 24 | 1.46× | 3.18× | ||
| Q2 24 | 1.21× | 0.68× |
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
GLPI
暂无分部数据
STWD
| Commercial And Residential Lending Segment | $335.2M | 68% |
| Infrastructure Lending Segment | $70.3M | 14% |
| Property Segment | $57.8M | 12% |
| Other | $29.7M | 6% |
