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凯悦酒店集团（H）与Roper Technologies（ROP）财务数据对比。点击上方公司名可切换其他公司
Roper Technologies的季度营收约是凯悦酒店集团的1.2倍（$2.1B vs $1.8B），Roper Technologies净利率更高（15.8% vs -1.1%，领先16.9%），凯悦酒店集团同比增速更快（11.7% vs 11.3%），Roper Technologies自由现金流更多（$507.0M vs $236.0M），过去两年Roper Technologies的营收复合增速更高（10.5% vs 2.2%）
凯悦酒店集团是来自美国的跨国酒店管理企业，总部位于芝加哥河畔广场区域，由普利兹克家族运营管理。集团主营高端及商务酒店、度假村、度假物业的管理与特许经营业务，目前在全球69个国家拥有逾1350家酒店及一价全包物业，覆盖六大洲。
罗珀技术公司是一家专注于科技领域的控股企业，通过持有并运营多家不同细分赛道的科技公司，在科技产业投资与资产管理领域形成了成熟的业务体系，在全球相关市场具备较高的行业影响力。
H vs ROP — 直观对比
营收规模更大
ROP
是对方的1.2倍
$1.8B
营收增速更快
H
高出0.4%
11.3%
净利率更高
ROP
高出16.9%
-1.1%
自由现金流更多
ROP
多$271.0M
$236.0M
两年增速更快
ROP
近两年复合增速
2.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $2.1B |
| 净利润 | $-20.0M | $331.0M |
| 毛利率 | — | 69.4% |
| 营业利润率 | 0.4% | 27.2% |
| 净利率 | -1.1% | 15.8% |
| 营收同比 | 11.7% | 11.3% |
| 净利润同比 | 64.3% | 53.7% |
| 每股收益（稀释后） | $-0.20 | $4.87 |
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HROP
| Q1 26 | — | $2.1B | ||
| Q4 25 | $1.8B | $2.1B | ||
| Q3 25 | $1.8B | $2.0B | ||
| Q2 25 | $1.8B | $1.9B | ||
| Q1 25 | $1.7B | $1.9B | ||
| Q4 24 | $1.6B | $1.9B | ||
| Q3 24 | $1.6B | $1.8B | ||
| Q2 24 | $1.7B | $1.7B |
净利润HROP
| Q1 26 | — | $331.0M | ||
| Q4 25 | $-20.0M | $428.4M | ||
| Q3 25 | $-49.0M | $398.5M | ||
| Q2 25 | $-3.0M | $378.3M | ||
| Q1 25 | $20.0M | $331.1M | ||
| Q4 24 | $-56.0M | $462.3M | ||
| Q3 24 | $471.0M | $367.9M | ||
| Q2 24 | $359.0M | $337.1M |
毛利率HROP
| Q1 26 | — | 69.4% | ||
| Q4 25 | — | 69.5% | ||
| Q3 25 | — | 69.5% | ||
| Q2 25 | — | 69.2% | ||
| Q1 25 | — | 68.7% | ||
| Q4 24 | — | 68.3% | ||
| Q3 24 | — | 69.2% | ||
| Q2 24 | — | 69.5% |
营业利润率HROP
| Q1 26 | — | 27.2% | ||
| Q4 25 | 0.4% | 28.6% | ||
| Q3 25 | -1.0% | 28.4% | ||
| Q2 25 | 2.1% | 28.2% | ||
| Q1 25 | 3.0% | 27.9% | ||
| Q4 24 | -3.0% | 28.0% | ||
| Q3 24 | 37.3% | 28.1% | ||
| Q2 24 | 27.1% | 28.8% |
净利率HROP
| Q1 26 | — | 15.8% | ||
| Q4 25 | -1.1% | 20.8% | ||
| Q3 25 | -2.7% | 19.8% | ||
| Q2 25 | -0.2% | 19.5% | ||
| Q1 25 | 1.2% | 17.6% | ||
| Q4 24 | -3.5% | 24.6% | ||
| Q3 24 | 28.9% | 20.8% | ||
| Q2 24 | 21.1% | 19.6% |
每股收益（稀释后）HROP
| Q1 26 | — | $4.87 | ||
| Q4 25 | $-0.20 | $3.97 | ||
| Q3 25 | $-0.51 | $3.68 | ||
| Q2 25 | $-0.03 | $3.49 | ||
| Q1 25 | $0.19 | $3.06 | ||
| Q4 24 | $-0.37 | $4.29 | ||
| Q3 24 | $4.63 | $3.40 | ||
| Q2 24 | $3.46 | $3.12 |
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 | $813.0M | $382.9M |
| 总债务越低越好 | — | $9.7B |
| 股东权益账面价值 | $3.3B | $18.8B |
| 总资产 | $14.0B | $34.6B |
| 负债/权益比越低杠杆越低 | — | 0.52× |
8季度趋势，按日历期对齐
现金及短期投资HROP
| Q1 26 | — | $382.9M | ||
| Q4 25 | $813.0M | $297.4M | ||
| Q3 25 | $749.0M | $320.0M | ||
| Q2 25 | $912.0M | $242.4M | ||
| Q1 25 | $1.8B | $372.8M | ||
| Q4 24 | $1.4B | $188.2M | ||
| Q3 24 | $1.1B | $269.6M | ||
| Q2 24 | $2.0B | $251.5M |
总债务HROP
| Q1 26 | — | $9.7B | ||
| Q4 25 | — | $9.3B | ||
| Q3 25 | $6.0B | — | ||
| Q2 25 | $6.0B | — | ||
| Q1 25 | $4.3B | — | ||
| Q4 24 | $3.8B | $7.6B | ||
| Q3 24 | $3.1B | — | ||
| Q2 24 | $3.9B | — |
股东权益HROP
| Q1 26 | — | $18.8B | ||
| Q4 25 | $3.3B | $19.9B | ||
| Q3 25 | $3.5B | $20.0B | ||
| Q2 25 | $3.6B | $19.6B | ||
| Q1 25 | $3.5B | $19.2B | ||
| Q4 24 | $3.5B | $18.9B | ||
| Q3 24 | $3.7B | $18.5B | ||
| Q2 24 | $3.9B | $18.1B |
总资产HROP
| Q1 26 | — | $34.6B | ||
| Q4 25 | $14.0B | $34.6B | ||
| Q3 25 | $15.7B | $34.6B | ||
| Q2 25 | $15.9B | $33.2B | ||
| Q1 25 | $14.0B | $31.4B | ||
| Q4 24 | $13.3B | $31.3B | ||
| Q3 24 | $11.9B | $31.6B | ||
| Q2 24 | $12.8B | $29.8B |
负债/权益比HROP
| Q1 26 | — | 0.52× | ||
| Q4 25 | — | 0.47× | ||
| Q3 25 | 1.73× | — | ||
| Q2 25 | 1.69× | — | ||
| Q1 25 | 1.25× | — | ||
| Q4 24 | 1.07× | 0.40× | ||
| Q3 24 | 0.85× | — | ||
| Q2 24 | 1.01× | — |
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 | $313.0M | — |
| 自由现金流经营现金流 - 资本支出 | $236.0M | $507.0M |
| 自由现金流率自由现金流/营收 | 13.2% | 24.2% |
| 资本支出强度资本支出/营收 | 4.3% | 0.5% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $159.0M | — |
8季度趋势，按日历期对齐
经营现金流HROP
| Q1 26 | — | — | ||
| Q4 25 | $313.0M | $738.0M | ||
| Q3 25 | $-20.0M | $869.5M | ||
| Q2 25 | $-67.0M | $404.1M | ||
| Q1 25 | $153.0M | $528.7M | ||
| Q4 24 | $235.0M | $722.2M | ||
| Q3 24 | $-21.0M | $755.4M | ||
| Q2 24 | $177.0M | $384.1M |
自由现金流HROP
| Q1 26 | — | $507.0M | ||
| Q4 25 | $236.0M | — | ||
| Q3 25 | $-89.0M | — | ||
| Q2 25 | $-111.0M | — | ||
| Q1 25 | $123.0M | — | ||
| Q4 24 | $184.0M | — | ||
| Q3 24 | $-64.0M | — | ||
| Q2 24 | $135.0M | — |
自由现金流率HROP
| Q1 26 | — | 24.2% | ||
| Q4 25 | 13.2% | — | ||
| Q3 25 | -5.0% | — | ||
| Q2 25 | -6.1% | — | ||
| Q1 25 | 7.2% | — | ||
| Q4 24 | 11.5% | — | ||
| Q3 24 | -3.9% | — | ||
| Q2 24 | 7.9% | — |
资本支出强度HROP
| Q1 26 | — | 0.5% | ||
| Q4 25 | 4.3% | — | ||
| Q3 25 | 3.9% | — | ||
| Q2 25 | 2.4% | — | ||
| Q1 25 | 1.7% | — | ||
| Q4 24 | 3.2% | — | ||
| Q3 24 | 2.6% | — | ||
| Q2 24 | 2.5% | — |
现金转化率HROP
| Q1 26 | — | — | ||
| Q4 25 | — | 1.72× | ||
| Q3 25 | — | 2.18× | ||
| Q2 25 | — | 1.07× | ||
| Q1 25 | 7.65× | 1.60× | ||
| Q4 24 | — | 1.56× | ||
| Q3 24 | -0.04× | 2.05× | ||
| Q2 24 | 0.49× | 1.14× |
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
H
| Other | $627.0M | 35% |
| Rooms Revenue | $326.0M | 18% |
| Net Fees | $290.0M | 16% |
| Distribution Segment | $177.0M | 10% |
| Franchise And Other Fees | $114.0M | 6% |
| Base Management Fees | $112.0M | 6% |
| Incentive Management Fees | $81.0M | 5% |
| Other Owned And Leased Hotel Revenue | $41.0M | 2% |
| Contra Revenue | $17.0M | 1% |
| Other Revenues | $4.0M | 0% |
ROP
暂无分部数据
