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Generac（GNRC）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
Generac的季度营收约是Ryman Hospitality Properties, Inc.的1.4倍（$1.1B vs $737.8M），Ryman Hospitality Properties, Inc.净利率更高（10.1% vs 6.9%，领先3.2%），Ryman Hospitality Properties, Inc.同比增速更快（13.9% vs 12.4%），Generac自由现金流更多（$89.9M vs $58.5M），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（18.2% vs 3.0%）
Generac Holdings Inc.（简称Generac）是美国财富1000强企业，主营面向住宅、小型商业及工业领域的备用发电产品，功率覆盖800瓦至9兆瓦，通过独立经销商、零售商及批发商渠道发售，总部位于威斯康星州沃基肖，在该州多地设有生产基地。
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。
GNRC vs RHP — 直观对比
营收规模更大
GNRC
是对方的1.4倍
$737.8M
营收增速更快
RHP
高出1.5%
12.4%
净利率更高
RHP
高出3.2%
6.9%
自由现金流更多
GNRC
多$31.4M
$58.5M
两年增速更快
RHP
近两年复合增速
3.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $737.8M |
| 净利润 | $73.1M | $74.5M |
| 毛利率 | 38.7% | 41.4% |
| 营业利润率 | 11.1% | 19.4% |
| 净利率 | 6.9% | 10.1% |
| 营收同比 | 12.4% | 13.9% |
| 净利润同比 | 65.1% | 3.0% |
| 每股收益（稀释后） | $1.24 | $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GNRCRHP
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $737.8M | ||
| Q3 25 | $1.1B | $592.5M | ||
| Q2 25 | $1.1B | $659.5M | ||
| Q1 25 | $942.1M | $587.3M | ||
| Q4 24 | $1.2B | $647.6M | ||
| Q3 24 | $1.2B | $550.0M | ||
| Q2 24 | $998.2M | $613.3M |
净利润GNRCRHP
| Q1 26 | $73.1M | — | ||
| Q4 25 | $-24.5M | $74.5M | ||
| Q3 25 | $66.2M | $34.9M | ||
| Q2 25 | $74.0M | $71.8M | ||
| Q1 25 | $43.8M | $63.0M | ||
| Q4 24 | $117.2M | $72.3M | ||
| Q3 24 | $113.7M | $59.0M | ||
| Q2 24 | $59.1M | $100.8M |
毛利率GNRCRHP
| Q1 26 | 38.7% | — | ||
| Q4 25 | 36.3% | 41.4% | ||
| Q3 25 | 38.3% | 40.9% | ||
| Q2 25 | 39.3% | 49.7% | ||
| Q1 25 | 39.5% | 44.4% | ||
| Q4 24 | 40.6% | 40.4% | ||
| Q3 24 | 40.2% | 43.1% | ||
| Q2 24 | 37.6% | 48.4% |
营业利润率GNRCRHP
| Q1 26 | 11.1% | — | ||
| Q4 25 | -0.9% | 19.4% | ||
| Q3 25 | 9.3% | 15.0% | ||
| Q2 25 | 10.5% | 21.1% | ||
| Q1 25 | 8.9% | 19.8% | ||
| Q4 24 | 16.0% | 18.6% | ||
| Q3 24 | 14.4% | 19.3% | ||
| Q2 24 | 10.3% | 27.4% |
净利率GNRCRHP
| Q1 26 | 6.9% | — | ||
| Q4 25 | -2.2% | 10.1% | ||
| Q3 25 | 5.9% | 5.9% | ||
| Q2 25 | 7.0% | 10.9% | ||
| Q1 25 | 4.7% | 10.7% | ||
| Q4 24 | 9.5% | 11.2% | ||
| Q3 24 | 9.7% | 10.7% | ||
| Q2 24 | 5.9% | 16.4% |
每股收益（稀释后）GNRCRHP
| Q1 26 | $1.24 | — | ||
| Q4 25 | $-0.41 | $1.12 | ||
| Q3 25 | $1.12 | $0.53 | ||
| Q2 25 | $1.25 | $1.12 | ||
| Q1 25 | $0.73 | $1.00 | ||
| Q4 24 | $2.14 | $1.12 | ||
| Q3 24 | $1.89 | $0.94 | ||
| Q2 24 | $0.97 | $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 | $265.5M | $471.4M |
| 总债务越低越好 | $44.0M | — |
| 股东权益账面价值 | $2.7B | $750.2M |
| 总资产 | $5.6B | $6.2B |
| 负债/权益比越低杠杆越低 | 0.02× | — |
8季度趋势，按日历期对齐
现金及短期投资GNRCRHP
| Q1 26 | $265.5M | — | ||
| Q4 25 | $341.4M | $471.4M | ||
| Q3 25 | $300.0M | $483.3M | ||
| Q2 25 | $223.5M | $420.6M | ||
| Q1 25 | $187.5M | $413.9M | ||
| Q4 24 | $281.3M | $477.7M | ||
| Q3 24 | $214.2M | $534.9M | ||
| Q2 24 | $218.3M | $498.4M |
总债务GNRCRHP
| Q1 26 | $44.0M | — | ||
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — |
股东权益GNRCRHP
| Q1 26 | $2.7B | — | ||
| Q4 25 | $2.6B | $750.2M | ||
| Q3 25 | $2.6B | $758.5M | ||
| Q2 25 | $2.6B | $800.4M | ||
| Q1 25 | $2.5B | $531.5M | ||
| Q4 24 | $2.5B | $549.0M | ||
| Q3 24 | $2.4B | $551.9M | ||
| Q2 24 | $2.4B | $562.6M |
总资产GNRCRHP
| Q1 26 | $5.6B | — | ||
| Q4 25 | $5.6B | $6.2B | ||
| Q3 25 | $5.6B | $6.2B | ||
| Q2 25 | $5.4B | $6.1B | ||
| Q1 25 | $5.1B | $5.2B | ||
| Q4 24 | $5.1B | $5.2B | ||
| Q3 24 | $5.2B | $5.2B | ||
| Q2 24 | $5.1B | $5.1B |
负债/权益比GNRCRHP
| Q1 26 | 0.02× | — | ||
| Q4 25 | 0.48× | — | ||
| Q3 25 | 0.51× | — | ||
| Q2 25 | 0.50× | — | ||
| Q1 25 | 0.48× | — | ||
| Q4 24 | 0.49× | — | ||
| Q3 24 | 0.56× | — | ||
| Q2 24 | 0.61× | — |
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 | $119.3M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $89.9M | $58.5M |
| 自由现金流率自由现金流/营收 | 8.5% | 7.9% |
| 资本支出强度资本支出/营收 | — | 14.4% |
| 现金转化率经营现金流/净利润 | 1.63× | 2.21× |
| 过去12个月自由现金流最近4个季度 | $330.8M | $232.4M |
8季度趋势，按日历期对齐
经营现金流GNRCRHP
| Q1 26 | $119.3M | — | ||
| Q4 25 | $189.3M | $164.7M | ||
| Q3 25 | $118.4M | $205.2M | ||
| Q2 25 | $72.2M | $122.5M | ||
| Q1 25 | $58.2M | $98.2M | ||
| Q4 24 | $339.5M | $166.6M | ||
| Q3 24 | $212.3M | $218.1M | ||
| Q2 24 | $77.7M | $184.3M |
自由现金流GNRCRHP
| Q1 26 | $89.9M | — | ||
| Q4 25 | $129.9M | $58.5M | ||
| Q3 25 | $96.5M | $135.4M | ||
| Q2 25 | $14.5M | $53.0M | ||
| Q1 25 | $27.2M | $-14.5M | ||
| Q4 24 | $286.1M | $76.0M | ||
| Q3 24 | $183.7M | $85.7M | ||
| Q2 24 | $49.7M | $78.8M |
自由现金流率GNRCRHP
| Q1 26 | 8.5% | — | ||
| Q4 25 | 11.9% | 7.9% | ||
| Q3 25 | 8.7% | 22.9% | ||
| Q2 25 | 1.4% | 8.0% | ||
| Q1 25 | 2.9% | -2.5% | ||
| Q4 24 | 23.2% | 11.7% | ||
| Q3 24 | 15.6% | 15.6% | ||
| Q2 24 | 5.0% | 12.9% |
资本支出强度GNRCRHP
| Q1 26 | — | — | ||
| Q4 25 | 5.4% | 14.4% | ||
| Q3 25 | 2.0% | 11.8% | ||
| Q2 25 | 5.4% | 10.5% | ||
| Q1 25 | 3.3% | 19.2% | ||
| Q4 24 | 4.3% | 14.0% | ||
| Q3 24 | 2.4% | 24.1% | ||
| Q2 24 | 2.8% | 17.2% |
现金转化率GNRCRHP
| Q1 26 | 1.63× | — | ||
| Q4 25 | — | 2.21× | ||
| Q3 25 | 1.79× | 5.88× | ||
| Q2 25 | 0.98× | 1.71× | ||
| Q1 25 | 1.33× | 1.56× | ||
| Q4 24 | 2.90× | 2.30× | ||
| Q3 24 | 1.87× | 3.70× | ||
| Q2 24 | 1.31× | 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
GNRC
| Residential | $549.3M | 52% |
| Commercial & Industrial | $510.0M | 48% |
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% |
