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Hilton Grand Vacations Inc.（HGV）与RPM INTERNATIONAL INC（RPM）财务数据对比。点击上方公司名可切换其他公司
RPM INTERNATIONAL INC的季度营收约是Hilton Grand Vacations Inc.的1.6倍（$1.9B vs $1.2B），RPM INTERNATIONAL INC净利率更高（8.4% vs 4.0%，领先4.4%），Hilton Grand Vacations Inc.同比增速更快（3.7% vs 3.5%），RPM INTERNATIONAL INC自由现金流更多（$296.4M vs $147.0M），过去两年RPM INTERNATIONAL INC的营收复合增速更高（12.0% 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。
BVS娱乐前身为Saban制作、Saban国际及Saban娱乐，是华特迪士尼公司旗下子公司。1980年4月24日由哈伊姆·萨班与舒基·利维创立，最初主营音乐制作，后逐步转向电视节目制作发行业务，最为知名的是为Fox Family/ABC Family及已停播的Fox Kids、Jetix频道制作发行儿童节目。
HGV vs RPM — 直观对比
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.9B |
| 净利润 | $48.0M | $161.2M |
| 毛利率 | — | 40.8% |
| 营业利润率 | 7.8% | 11.0% |
| 净利率 | 4.0% | 8.4% |
| 营收同比 | 3.7% | 3.5% |
| 净利润同比 | 140.0% | -12.0% |
| 每股收益（稀释后） | $0.53 | $1.26 |
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
| Q4 25 | $1.2B | $1.9B | ||
| Q3 25 | $1.2B | $2.1B | ||
| Q2 25 | $1.1B | $2.1B | ||
| Q1 25 | $1.0B | $1.5B | ||
| Q4 24 | $1.1B | $1.8B | ||
| Q3 24 | $1.2B | $2.0B | ||
| Q2 24 | $1.1B | $2.0B | ||
| Q1 24 | $1.0B | $1.5B |
| Q4 25 | $48.0M | $161.2M | ||
| Q3 25 | $25.0M | $227.6M | ||
| Q2 25 | $25.0M | $225.8M | ||
| Q1 25 | $-17.0M | $52.0M | ||
| Q4 24 | $20.0M | $183.2M | ||
| Q3 24 | $29.0M | $227.7M | ||
| Q2 24 | $2.0M | $180.6M | ||
| Q1 24 | $-4.0M | $61.2M |
| Q4 25 | — | 40.8% | ||
| Q3 25 | — | 42.3% | ||
| Q2 25 | — | 42.4% | ||
| Q1 25 | — | 38.4% | ||
| Q4 24 | — | 41.4% | ||
| Q3 24 | — | 42.5% | ||
| Q2 24 | — | 41.4% | ||
| Q1 24 | — | 39.9% |
| Q4 25 | 7.8% | 11.0% | ||
| Q3 25 | 3.9% | 14.1% | ||
| Q2 25 | 3.8% | 11.9% | ||
| Q1 25 | -0.6% | 2.8% | ||
| Q4 24 | 4.3% | 11.5% | ||
| Q3 24 | 7.9% | 14.8% | ||
| Q2 24 | 0.6% | 11.9% | ||
| Q1 24 | -1.3% | 5.5% |
| Q4 25 | 4.0% | 8.4% | ||
| Q3 25 | 2.1% | 10.8% | ||
| Q2 25 | 2.2% | 10.8% | ||
| Q1 25 | -1.7% | 3.5% | ||
| Q4 24 | 1.7% | 9.9% | ||
| Q3 24 | 2.5% | 11.6% | ||
| Q2 24 | 0.2% | 9.0% | ||
| Q1 24 | -0.4% | 4.0% |
| Q4 25 | $0.53 | $1.26 | ||
| Q3 25 | $0.28 | $1.77 | ||
| Q2 25 | $0.25 | $1.76 | ||
| Q1 25 | $-0.17 | $0.40 | ||
| Q4 24 | $0.19 | $1.42 | ||
| Q3 24 | $0.28 | $1.77 | ||
| Q2 24 | $0.02 | $1.40 | ||
| Q1 24 | $-0.04 | $0.47 |
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 | $316.6M |
| 总债务越低越好 | $4.5B | $2.5B |
| 股东权益账面价值 | $1.3B | $3.1B |
| 总资产 | $11.5B | $7.9B |
| 负债/权益比越低杠杆越低 | 3.53× | 0.80× |
8季度趋势，按日历期对齐
| Q4 25 | $239.0M | $316.6M | ||
| Q3 25 | $215.0M | $297.1M | ||
| Q2 25 | $269.0M | $302.1M | ||
| Q1 25 | $259.0M | $241.9M | ||
| Q4 24 | $328.0M | $268.7M | ||
| Q3 24 | $297.0M | $231.6M | ||
| Q2 24 | $328.0M | $237.4M | ||
| Q1 24 | $355.0M | $248.9M |
| Q4 25 | $4.5B | $2.5B | ||
| Q3 25 | $4.7B | $2.7B | ||
| Q2 25 | $4.6B | $2.6B | ||
| Q1 25 | $4.5B | $2.1B | ||
| Q4 24 | $4.6B | $2.0B | ||
| Q3 24 | $5.0B | $2.0B | ||
| Q2 24 | $4.9B | $2.0B | ||
| Q1 24 | $5.1B | $2.2B |
| Q4 25 | $1.3B | $3.1B | ||
| Q3 25 | $1.4B | $3.1B | ||
| Q2 25 | $1.5B | $2.9B | ||
| Q1 25 | $1.6B | $2.7B | ||
| Q4 24 | $1.8B | $2.7B | ||
| Q3 24 | $1.8B | $2.6B | ||
| Q2 24 | $1.9B | $2.5B | ||
| Q1 24 | $2.0B | $2.3B |
| Q4 25 | $11.5B | $7.9B | ||
| Q3 25 | $11.7B | $7.9B | ||
| Q2 25 | $11.7B | $7.8B | ||
| Q1 25 | $11.8B | $6.6B | ||
| Q4 24 | $11.4B | $6.7B | ||
| Q3 24 | $11.2B | $6.6B | ||
| Q2 24 | $11.5B | $6.6B | ||
| Q1 24 | $11.7B | $6.4B |
| Q4 25 | 3.53× | 0.80× | ||
| Q3 25 | 3.41× | 0.87× | ||
| Q2 25 | 3.07× | 0.91× | ||
| Q1 25 | 2.83× | 0.78× | ||
| Q4 24 | 2.63× | 0.74× | ||
| Q3 24 | 2.73× | 0.77× | ||
| Q2 24 | 2.55× | 0.79× | ||
| Q1 24 | 2.57× | 0.93× |
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 | $345.7M |
| 自由现金流经营现金流 - 资本支出 | $147.0M | $296.4M |
| 自由现金流率自由现金流/营收 | 12.3% | 15.5% |
| 资本支出强度资本支出/营收 | 1.7% | 2.6% |
| 现金转化率经营现金流/净利润 | 3.48× | 2.14× |
| 过去12个月自由现金流最近4个季度 | $230.0M | $582.9M |
8季度趋势，按日历期对齐
| Q4 25 | $167.0M | $345.7M | ||
| Q3 25 | $34.0M | $237.5M | ||
| Q2 25 | $61.0M | $149.2M | ||
| Q1 25 | $38.0M | $91.5M | ||
| Q4 24 | $105.0M | $279.4M | ||
| Q3 24 | $91.0M | $248.1M | ||
| Q2 24 | $113.0M | $181.2M | ||
| Q1 24 | $0 | $173.4M |
| Q4 25 | $147.0M | $296.4M | ||
| Q3 25 | $13.0M | $175.0M | ||
| Q2 25 | $46.0M | $78.2M | ||
| Q1 25 | $24.0M | $33.3M | ||
| Q4 24 | $90.0M | $229.5M | ||
| Q3 24 | $81.0M | $197.3M | ||
| Q2 24 | $106.0M | $105.3M | ||
| Q1 24 | — | $124.6M |
| Q4 25 | 12.3% | 15.5% | ||
| Q3 25 | 1.1% | 8.3% | ||
| Q2 25 | 4.0% | 3.8% | ||
| Q1 25 | 2.4% | 2.3% | ||
| Q4 24 | 7.8% | 12.4% | ||
| Q3 24 | 6.9% | 10.0% | ||
| Q2 24 | 9.6% | 5.2% | ||
| Q1 24 | — | 8.2% |
| Q4 25 | 1.7% | 2.6% | ||
| Q3 25 | 1.8% | 3.0% | ||
| Q2 25 | 1.3% | 3.4% | ||
| Q1 25 | 1.4% | 3.9% | ||
| Q4 24 | 1.3% | 2.7% | ||
| Q3 24 | 0.9% | 2.6% | ||
| Q2 24 | 0.6% | 3.8% | ||
| Q1 24 | 1.0% | 3.2% |
| Q4 25 | 3.48× | 2.14× | ||
| Q3 25 | 1.36× | 1.04× | ||
| Q2 25 | 2.44× | 0.66× | ||
| Q1 25 | — | 1.76× | ||
| Q4 24 | 5.25× | 1.53× | ||
| Q3 24 | 3.14× | 1.09× | ||
| Q2 24 | 56.50× | 1.00× | ||
| Q1 24 | — | 2.83× |
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
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% |
RPM
| Construction Products Group Segment | $737.4M | 39% |
| Consumer Segment | $638.6M | 33% |
| Performance Coatings Group Segment | $533.8M | 28% |
