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Hilton Grand Vacations Inc.（HGV）与Reddit, Inc.（RDDT）财务数据对比。点击上方公司名可切换其他公司
Hilton Grand Vacations Inc.的季度营收约是Reddit, Inc.的1.8倍（$1.2B vs $663.0M），Reddit, Inc.净利率更高（30.8% vs 4.0%，领先26.7%），Reddit, Inc.同比增速更快（69.0% vs 3.7%），Reddit, Inc.自由现金流更多（$311.0M vs $147.0M），过去两年Reddit, Inc.的营收复合增速更高（53.6% vs 7.4%）
希尔顿度假大酒店公司（Hilton Grand Vacations Inc.）总部位于美国佛罗里达州奥兰多，是一家跨国企业。该公司通过与希尔顿全球的独家授权协议，运营管理希尔顿旗下的分时度假和度假所有权品牌。其原为希尔顿全球的全资子公司，2017年分拆为独立上市公司。
Reddit是美国知名的社交新闻聚合与论坛类社交媒体平台，注册用户可发布链接、文字帖、图片、视频等各类内容，其他用户可对内容进行点赞或点踩，内容按主题归类到用户创建的子板块中，获赞更高的内容会排在板块前列，热度足够的内容还将展示在全站首页。
HGV vs RDDT — 直观对比
营收规模更大
HGV
是对方的1.8倍
$663.0M
营收增速更快
RDDT
高出65.3%
3.7%
净利率更高
RDDT
高出26.7%
4.0%
自由现金流更多
RDDT
多$164.0M
$147.0M
两年增速更快
RDDT
近两年复合增速
7.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $663.0M |
| 净利润 | $48.0M | $204.0M |
| 毛利率 | — | 100.0% |
| 营业利润率 | 7.8% | 0.0% |
| 净利率 | 4.0% | 30.8% |
| 营收同比 | 3.7% | 69.0% |
| 净利润同比 | 140.0% | 680.0% |
| 每股收益（稀释后） | $0.53 | $1.01 |
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HGVRDDT
| Q1 26 | — | $663.0M | ||
| Q4 25 | $1.2B | $725.6M | ||
| Q3 25 | $1.2B | $584.9M | ||
| Q2 25 | $1.1B | $499.6M | ||
| Q1 25 | $1.0B | $392.4M | ||
| Q4 24 | $1.1B | $427.7M | ||
| Q3 24 | $1.2B | $348.4M | ||
| Q2 24 | $1.1B | $281.2M |
净利润HGVRDDT
| Q1 26 | — | $204.0M | ||
| Q4 25 | $48.0M | $251.6M | ||
| Q3 25 | $25.0M | $162.7M | ||
| Q2 25 | $25.0M | $89.3M | ||
| Q1 25 | $-17.0M | $26.2M | ||
| Q4 24 | $20.0M | $71.0M | ||
| Q3 24 | $29.0M | $29.9M | ||
| Q2 24 | $2.0M | $-10.1M |
毛利率HGVRDDT
| Q1 26 | — | 100.0% | ||
| Q4 25 | — | 91.9% | ||
| Q3 25 | — | 91.0% | ||
| Q2 25 | — | 90.8% | ||
| Q1 25 | — | 90.5% | ||
| Q4 24 | — | 92.6% | ||
| Q3 24 | — | 90.1% | ||
| Q2 24 | — | 89.5% |
营业利润率HGVRDDT
| Q1 26 | — | 0.0% | ||
| Q4 25 | 7.8% | 31.9% | ||
| Q3 25 | 3.9% | 23.7% | ||
| Q2 25 | 3.8% | 13.6% | ||
| Q1 25 | -0.6% | 1.0% | ||
| Q4 24 | 4.3% | 12.4% | ||
| Q3 24 | 7.9% | 2.0% | ||
| Q2 24 | 0.6% | -11.0% |
净利率HGVRDDT
| Q1 26 | — | 30.8% | ||
| Q4 25 | 4.0% | 34.7% | ||
| Q3 25 | 2.1% | 27.8% | ||
| Q2 25 | 2.2% | 17.9% | ||
| Q1 25 | -1.7% | 6.7% | ||
| Q4 24 | 1.7% | 16.6% | ||
| Q3 24 | 2.5% | 8.6% | ||
| Q2 24 | 0.2% | -3.6% |
每股收益（稀释后）HGVRDDT
| Q1 26 | — | $1.01 | ||
| Q4 25 | $0.53 | $1.24 | ||
| Q3 25 | $0.28 | $0.80 | ||
| Q2 25 | $0.25 | $0.45 | ||
| Q1 25 | $-0.17 | $0.13 | ||
| Q4 24 | $0.19 | $4.76 | ||
| Q3 24 | $0.28 | $0.16 | ||
| Q2 24 | $0.02 | $-0.06 |
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 | $239.0M | $1.4B |
| 总债务越低越好 | $4.5B | — |
| 股东权益账面价值 | $1.3B | $3.2B |
| 总资产 | $11.5B | $3.5B |
| 负债/权益比越低杠杆越低 | 3.53× | — |
8季度趋势，按日历期对齐
现金及短期投资HGVRDDT
| Q1 26 | — | $1.4B | ||
| Q4 25 | $239.0M | $953.6M | ||
| Q3 25 | $215.0M | $911.7M | ||
| Q2 25 | $269.0M | $734.1M | ||
| Q1 25 | $259.0M | $635.7M | ||
| Q4 24 | $328.0M | $562.1M | ||
| Q3 24 | $297.0M | $515.9M | ||
| Q2 24 | $328.0M | $468.0M |
总债务HGVRDDT
| Q1 26 | — | — | ||
| Q4 25 | $4.5B | — | ||
| Q3 25 | $4.7B | — | ||
| Q2 25 | $4.6B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.6B | — | ||
| Q3 24 | $5.0B | — | ||
| Q2 24 | $4.9B | — |
股东权益HGVRDDT
| Q1 26 | — | $3.2B | ||
| Q4 25 | $1.3B | $2.9B | ||
| Q3 25 | $1.4B | $2.6B | ||
| Q2 25 | $1.5B | $2.4B | ||
| Q1 25 | $1.6B | $2.2B | ||
| Q4 24 | $1.8B | $2.1B | ||
| Q3 24 | $1.8B | $2.0B | ||
| Q2 24 | $1.9B | $1.9B |
总资产HGVRDDT
| Q1 26 | — | $3.5B | ||
| Q4 25 | $11.5B | $3.2B | ||
| Q3 25 | $11.7B | $2.9B | ||
| Q2 25 | $11.7B | $2.6B | ||
| Q1 25 | $11.8B | $2.4B | ||
| Q4 24 | $11.4B | $2.3B | ||
| Q3 24 | $11.2B | $2.2B | ||
| Q2 24 | $11.5B | $2.1B |
负债/权益比HGVRDDT
| Q1 26 | — | — | ||
| Q4 25 | 3.53× | — | ||
| Q3 25 | 3.41× | — | ||
| Q2 25 | 3.07× | — | ||
| Q1 25 | 2.83× | — | ||
| Q4 24 | 2.63× | — | ||
| Q3 24 | 2.73× | — | ||
| Q2 24 | 2.55× | — |
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 | $167.0M | — |
| 自由现金流经营现金流 - 资本支出 | $147.0M | $311.0M |
| 自由现金流率自由现金流/营收 | 12.3% | 46.9% |
| 资本支出强度资本支出/营收 | 1.7% | — |
| 现金转化率经营现金流/净利润 | 3.48× | — |
| 过去12个月自由现金流最近4个季度 | $230.0M | $868.6M |
8季度趋势，按日历期对齐
经营现金流HGVRDDT
| Q1 26 | — | — | ||
| Q4 25 | $167.0M | $266.8M | ||
| Q3 25 | $34.0M | $185.2M | ||
| Q2 25 | $61.0M | $111.3M | ||
| Q1 25 | $38.0M | $127.6M | ||
| Q4 24 | $105.0M | $90.0M | ||
| Q3 24 | $91.0M | $71.6M | ||
| Q2 24 | $113.0M | $28.4M |
自由现金流HGVRDDT
| Q1 26 | — | $311.0M | ||
| Q4 25 | $147.0M | $263.6M | ||
| Q3 25 | $13.0M | $183.1M | ||
| Q2 25 | $46.0M | $110.8M | ||
| Q1 25 | $24.0M | $126.6M | ||
| Q4 24 | $90.0M | $89.2M | ||
| Q3 24 | $81.0M | $70.3M | ||
| Q2 24 | $106.0M | $27.2M |
自由现金流率HGVRDDT
| Q1 26 | — | 46.9% | ||
| Q4 25 | 12.3% | 36.3% | ||
| Q3 25 | 1.1% | 31.3% | ||
| Q2 25 | 4.0% | 22.2% | ||
| Q1 25 | 2.4% | 32.3% | ||
| Q4 24 | 7.8% | 20.8% | ||
| Q3 24 | 6.9% | 20.2% | ||
| Q2 24 | 9.6% | 9.7% |
资本支出强度HGVRDDT
| Q1 26 | — | — | ||
| Q4 25 | 1.7% | 0.4% | ||
| Q3 25 | 1.8% | 0.4% | ||
| Q2 25 | 1.3% | 0.1% | ||
| Q1 25 | 1.4% | 0.2% | ||
| Q4 24 | 1.3% | 0.2% | ||
| Q3 24 | 0.9% | 0.4% | ||
| Q2 24 | 0.6% | 0.4% |
现金转化率HGVRDDT
| Q1 26 | — | — | ||
| Q4 25 | 3.48× | 1.06× | ||
| Q3 25 | 1.36× | 1.14× | ||
| Q2 25 | 2.44× | 1.25× | ||
| Q1 25 | — | 4.88× | ||
| Q4 24 | 5.25× | 1.27× | ||
| Q3 24 | 3.14× | 2.40× | ||
| Q2 24 | 56.50× | — |
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
HGV
| Sales Of Vacation Ownership Intervals Net | $492.0M | 41% |
| Fee For Services Commissions Package Sales And Other Fees | $169.0M | 14% |
| Cost Reimbursements | $141.0M | 12% |
| Resort Management | $118.0M | 10% |
| Other | $116.0M | 10% |
| Club Management | $101.0M | 8% |
| Related Party | $42.0M | 4% |
| Ancillary Services | $13.0M | 1% |
RDDT
暂无分部数据
