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凯悦酒店集团（H）与希捷科技（STX）财务数据对比。点击上方公司名可切换其他公司
希捷科技的季度营收约是凯悦酒店集团的1.7倍（$3.1B vs $1.8B），希捷科技净利率更高（24.0% vs -1.1%，领先25.2%），希捷科技同比增速更快（44.1% vs 11.7%），希捷科技自由现金流更多（$953.0M vs $236.0M），过去两年希捷科技的营收复合增速更高（28.4% 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。
希捷科技是全球知名的美国数据存储企业，1978年注册成立时名为舒加特科技，1979年正式开展业务，2010年起注册地变更为爱尔兰都柏林，运营总部设在美国加利福尼亚州弗里蒙特，面向全球市场提供专业的数据存储产品与解决方案。
H vs STX — 直观对比
营收规模更大
STX
是对方的1.7倍
$1.8B
营收增速更快
STX
高出32.4%
11.7%
净利率更高
STX
高出25.2%
-1.1%
自由现金流更多
STX
多$717.0M
$236.0M
两年增速更快
STX
近两年复合增速
2.2%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $3.1B |
| 净利润 | $-20.0M | $748.0M |
| 毛利率 | — | 46.5% |
| 营业利润率 | 0.4% | 32.1% |
| 净利率 | -1.1% | 24.0% |
| 营收同比 | 11.7% | 44.1% |
| 净利润同比 | 64.3% | -23.8% |
| 每股收益（稀释后） | $-0.20 | $3.27 |
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HSTX
| Q3 26 | — | $3.1B | ||
| Q1 26 | — | $2.8B | ||
| Q4 25 | $1.8B | $2.6B | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | $1.8B | $2.4B | ||
| Q1 25 | $1.7B | $2.2B | ||
| Q4 24 | $1.6B | $2.3B | ||
| Q3 24 | $1.6B | $2.2B |
净利润HSTX
| Q3 26 | — | $748.0M | ||
| Q1 26 | — | $593.0M | ||
| Q4 25 | $-20.0M | $549.0M | ||
| Q3 25 | $-49.0M | — | ||
| Q2 25 | $-3.0M | $488.0M | ||
| Q1 25 | $20.0M | $340.0M | ||
| Q4 24 | $-56.0M | $336.0M | ||
| Q3 24 | $471.0M | $305.0M |
毛利率HSTX
| Q3 26 | — | 46.5% | ||
| Q1 26 | — | 41.6% | ||
| Q4 25 | — | 39.4% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 37.4% | ||
| Q1 25 | — | 35.2% | ||
| Q4 24 | — | 34.9% | ||
| Q3 24 | — | 32.9% |
营业利润率HSTX
| Q3 26 | — | 32.1% | ||
| Q1 26 | — | 29.8% | ||
| Q4 25 | 0.4% | 26.4% | ||
| Q3 25 | -1.0% | — | ||
| Q2 25 | 2.1% | 23.2% | ||
| Q1 25 | 3.0% | 20.0% | ||
| Q4 24 | -3.0% | 21.0% | ||
| Q3 24 | 37.3% | 18.6% |
净利率HSTX
| Q3 26 | — | 24.0% | ||
| Q1 26 | — | 21.0% | ||
| Q4 25 | -1.1% | 20.9% | ||
| Q3 25 | -2.7% | — | ||
| Q2 25 | -0.2% | 20.0% | ||
| Q1 25 | 1.2% | 15.7% | ||
| Q4 24 | -3.5% | 14.5% | ||
| Q3 24 | 28.9% | 14.1% |
每股收益（稀释后）HSTX
| Q3 26 | — | $3.27 | ||
| Q1 26 | — | $2.60 | ||
| Q4 25 | $-0.20 | $2.43 | ||
| Q3 25 | $-0.51 | — | ||
| Q2 25 | $-0.03 | $2.24 | ||
| Q1 25 | $0.19 | $1.57 | ||
| Q4 24 | $-0.37 | $1.55 | ||
| Q3 24 | $4.63 | $1.41 |
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 | $1.1B |
| 总债务越低越好 | — | $3.9B |
| 股东权益账面价值 | $3.3B | — |
| 总资产 | $14.0B | $8.9B |
| 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HSTX
| Q3 26 | — | $1.1B | ||
| Q1 26 | — | $1.0B | ||
| Q4 25 | $813.0M | $1.1B | ||
| Q3 25 | $749.0M | — | ||
| Q2 25 | $912.0M | $891.0M | ||
| Q1 25 | $1.8B | $814.0M | ||
| Q4 24 | $1.4B | $1.2B | ||
| Q3 24 | $1.1B | $1.2B |
总债务HSTX
| Q3 26 | — | $3.9B | ||
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $6.0B | — | ||
| Q2 25 | $6.0B | — | ||
| Q1 25 | $4.3B | — | ||
| Q4 24 | $3.8B | — | ||
| Q3 24 | $3.1B | — |
股东权益HSTX
| Q3 26 | — | — | ||
| Q1 26 | — | $459.0M | ||
| Q4 25 | $3.3B | $-63.0M | ||
| Q3 25 | $3.5B | — | ||
| Q2 25 | $3.6B | $-453.0M | ||
| Q1 25 | $3.5B | $-829.0M | ||
| Q4 24 | $3.5B | $-1.1B | ||
| Q3 24 | $3.7B | $-1.3B |
总资产HSTX
| Q3 26 | — | $8.9B | ||
| Q1 26 | — | $8.7B | ||
| Q4 25 | $14.0B | $8.4B | ||
| Q3 25 | $15.7B | — | ||
| Q2 25 | $15.9B | $8.0B | ||
| Q1 25 | $14.0B | $7.6B | ||
| Q4 24 | $13.3B | $8.0B | ||
| Q3 24 | $11.9B | $8.0B |
负债/权益比HSTX
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 1.73× | — | ||
| Q2 25 | 1.69× | — | ||
| Q1 25 | 1.25× | — | ||
| Q4 24 | 1.07× | — | ||
| Q3 24 | 0.85× | — |
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 | $2.4B |
| 自由现金流经营现金流 - 资本支出 | $236.0M | $953.0M |
| 自由现金流率自由现金流/营收 | 13.2% | 30.6% |
| 资本支出强度资本支出/营收 | 4.3% | — |
| 现金转化率经营现金流/净利润 | — | 3.17× |
| 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HSTX
| Q3 26 | — | $2.4B | ||
| Q1 26 | — | — | ||
| Q4 25 | $313.0M | $532.0M | ||
| Q3 25 | $-20.0M | — | ||
| Q2 25 | $-67.0M | $508.0M | ||
| Q1 25 | $153.0M | $259.0M | ||
| Q4 24 | $235.0M | $221.0M | ||
| Q3 24 | $-21.0M | $95.0M |
自由现金流HSTX
| Q3 26 | — | $953.0M | ||
| Q1 26 | — | — | ||
| Q4 25 | $236.0M | $427.0M | ||
| Q3 25 | $-89.0M | — | ||
| Q2 25 | $-111.0M | $425.0M | ||
| Q1 25 | $123.0M | $216.0M | ||
| Q4 24 | $184.0M | $150.0M | ||
| Q3 24 | $-64.0M | $27.0M |
自由现金流率HSTX
| Q3 26 | — | 30.6% | ||
| Q1 26 | — | — | ||
| Q4 25 | 13.2% | 16.2% | ||
| Q3 25 | -5.0% | — | ||
| Q2 25 | -6.1% | 17.4% | ||
| Q1 25 | 7.2% | 10.0% | ||
| Q4 24 | 11.5% | 6.5% | ||
| Q3 24 | -3.9% | 1.2% |
资本支出强度HSTX
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 4.3% | 4.0% | ||
| Q3 25 | 3.9% | — | ||
| Q2 25 | 2.4% | 3.4% | ||
| Q1 25 | 1.7% | 2.0% | ||
| Q4 24 | 3.2% | 3.1% | ||
| Q3 24 | 2.6% | 3.1% |
现金转化率HSTX
| Q3 26 | — | 3.17× | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 0.97× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.04× | ||
| Q1 25 | 7.65× | 0.76× | ||
| Q4 24 | — | 0.66× | ||
| Q3 24 | -0.04× | 0.31× |
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% |
STX
暂无分部数据
