vs
Hillenbrand, Inc.（HI）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
Ryman Hospitality Properties, Inc.的季度营收约是Hillenbrand, Inc.的1.3倍（$737.8M vs $550.2M），Ryman Hospitality Properties, Inc.净利率更高（10.1% vs -0.4%，领先10.5%），Ryman Hospitality Properties, Inc.同比增速更快（13.9% vs -22.2%），Ryman Hospitality Properties, Inc.自由现金流更多（$58.5M vs $-31.6M），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（18.2% vs -16.3%）
希伦布兰德是一家全球化多元化工业企业，设计、生产及销售专用加工设备与耐用工业解决方案，服务食品饮料、农业、制造、废弃物管理等领域，业务覆盖北美、欧洲及亚太地区。
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。
HI vs RHP — 直观对比
营收规模更大
RHP
是对方的1.3倍
$550.2M
营收增速更快
RHP
高出36.1%
-22.2%
净利率更高
RHP
高出10.5%
-0.4%
自由现金流更多
RHP
多$90.1M
$-31.6M
两年增速更快
RHP
近两年复合增速
-16.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $550.2M | $737.8M |
| 净利润 | $-2.2M | $74.5M |
| 毛利率 | 33.4% | 41.4% |
| 营业利润率 | -2.2% | 19.4% |
| 净利率 | -0.4% | 10.1% |
| 营收同比 | -22.2% | 13.9% |
| 净利润同比 | -134.4% | 3.0% |
| 每股收益（稀释后） | — | $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HIRHP
| Q4 25 | $550.2M | $737.8M | ||
| Q3 25 | $652.1M | $592.5M | ||
| Q2 25 | $598.9M | $659.5M | ||
| Q1 25 | $715.9M | $587.3M | ||
| Q4 24 | $706.9M | $647.6M | ||
| Q3 24 | $837.6M | $550.0M | ||
| Q2 24 | $786.6M | $613.3M | ||
| Q1 24 | $785.3M | $528.3M |
净利润HIRHP
| Q4 25 | $-2.2M | $74.5M | ||
| Q3 25 | $75.7M | $34.9M | ||
| Q2 25 | $1.9M | $71.8M | ||
| Q1 25 | $-40.9M | $63.0M | ||
| Q4 24 | $6.4M | $72.3M | ||
| Q3 24 | $14.6M | $59.0M | ||
| Q2 24 | $-248.9M | $100.8M | ||
| Q1 24 | $6.1M | $42.8M |
毛利率HIRHP
| Q4 25 | 33.4% | 41.4% | ||
| Q3 25 | 34.8% | 40.9% | ||
| Q2 25 | 33.8% | 49.7% | ||
| Q1 25 | 33.0% | 44.4% | ||
| Q4 24 | 33.2% | 40.4% | ||
| Q3 24 | 34.4% | 43.1% | ||
| Q2 24 | 33.9% | 48.4% | ||
| Q1 24 | 31.9% | 41.5% |
营业利润率HIRHP
| Q4 25 | -2.2% | 19.4% | ||
| Q3 25 | — | 15.0% | ||
| Q2 25 | 1.8% | 21.1% | ||
| Q1 25 | -6.2% | 19.8% | ||
| Q4 24 | 2.2% | 18.6% | ||
| Q3 24 | — | 19.3% | ||
| Q2 24 | -32.7% | 27.4% | ||
| Q1 24 | 1.6% | 18.2% |
净利率HIRHP
| Q4 25 | -0.4% | 10.1% | ||
| Q3 25 | 11.6% | 5.9% | ||
| Q2 25 | 0.3% | 10.9% | ||
| Q1 25 | -5.7% | 10.7% | ||
| Q4 24 | 0.9% | 11.2% | ||
| Q3 24 | 1.7% | 10.7% | ||
| Q2 24 | -31.6% | 16.4% | ||
| Q1 24 | 0.8% | 8.1% |
每股收益（稀释后）HIRHP
| Q4 25 | — | $1.12 | ||
| Q3 25 | $1.07 | $0.53 | ||
| Q2 25 | $0.03 | $1.12 | ||
| Q1 25 | $-0.58 | $1.00 | ||
| Q4 24 | $0.09 | $1.12 | ||
| Q3 24 | $0.20 | $0.94 | ||
| Q2 24 | $-3.53 | $1.65 | ||
| Q1 24 | $0.09 | $0.67 |
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 | $173.1M | $471.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.4B | $750.2M |
| 总资产 | $4.5B | $6.2B |
| 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HIRHP
| Q4 25 | $173.1M | $471.4M | ||
| Q3 25 | $164.8M | $483.3M | ||
| Q2 25 | $162.8M | $420.6M | ||
| Q1 25 | $458.4M | $413.9M | ||
| Q4 24 | $208.0M | $477.7M | ||
| Q3 24 | $199.3M | $534.9M | ||
| Q2 24 | $223.8M | $498.4M | ||
| Q1 24 | $224.4M | $465.3M |
总债务HIRHP
| Q4 25 | — | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $2.1B | — | ||
| Q1 24 | $2.1B | — |
股东权益HIRHP
| Q4 25 | $1.4B | $750.2M | ||
| Q3 25 | $1.4B | $758.5M | ||
| Q2 25 | $1.3B | $800.4M | ||
| Q1 25 | $1.3B | $531.5M | ||
| Q4 24 | $1.4B | $549.0M | ||
| Q3 24 | $1.4B | $551.9M | ||
| Q2 24 | $1.4B | $562.6M | ||
| Q1 24 | $1.7B | $529.9M |
总资产HIRHP
| Q4 25 | $4.5B | $6.2B | ||
| Q3 25 | $4.5B | $6.2B | ||
| Q2 25 | $4.7B | $6.1B | ||
| Q1 25 | $4.8B | $5.2B | ||
| Q4 24 | $5.1B | $5.2B | ||
| Q3 24 | $5.2B | $5.2B | ||
| Q2 24 | $5.3B | $5.1B | ||
| Q1 24 | $5.6B | $5.1B |
负债/权益比HIRHP
| Q4 25 | — | — | ||
| Q3 25 | 1.10× | — | ||
| Q2 25 | 1.27× | — | ||
| Q1 25 | 1.44× | — | ||
| Q4 24 | 1.38× | — | ||
| Q3 24 | 1.33× | — | ||
| Q2 24 | 1.48× | — | ||
| Q1 24 | 1.28× | — |
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 | $-27.4M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $-31.6M | $58.5M |
| 自由现金流率自由现金流/营收 | -5.7% | 7.9% |
| 资本支出强度资本支出/营收 | 0.8% | 14.4% |
| 现金转化率经营现金流/净利润 | — | 2.21× |
| 过去12个月自由现金流最近4个季度 | $7.8M | $232.4M |
8季度趋势，按日历期对齐
经营现金流HIRHP
| Q4 25 | $-27.4M | $164.7M | ||
| Q3 25 | $67.7M | $205.2M | ||
| Q2 25 | $-1.5M | $122.5M | ||
| Q1 25 | $1.3M | $98.2M | ||
| Q4 24 | $-11.3M | $166.6M | ||
| Q3 24 | $166.5M | $218.1M | ||
| Q2 24 | $45.6M | $184.3M | ||
| Q1 24 | $3.2M | $7.5M |
自由现金流HIRHP
| Q4 25 | $-31.6M | $58.5M | ||
| Q3 25 | $58.6M | $135.4M | ||
| Q2 25 | $-11.2M | $53.0M | ||
| Q1 25 | $-8.0M | $-14.5M | ||
| Q4 24 | $-21.5M | $76.0M | ||
| Q3 24 | $153.4M | $85.7M | ||
| Q2 24 | $29.7M | $78.8M | ||
| Q1 24 | $-9.6M | $-72.0M |
自由现金流率HIRHP
| Q4 25 | -5.7% | 7.9% | ||
| Q3 25 | 9.0% | 22.9% | ||
| Q2 25 | -1.9% | 8.0% | ||
| Q1 25 | -1.1% | -2.5% | ||
| Q4 24 | -3.0% | 11.7% | ||
| Q3 24 | 18.3% | 15.6% | ||
| Q2 24 | 3.8% | 12.9% | ||
| Q1 24 | -1.2% | -13.6% |
资本支出强度HIRHP
| Q4 25 | 0.8% | 14.4% | ||
| Q3 25 | 1.4% | 11.8% | ||
| Q2 25 | 1.6% | 10.5% | ||
| Q1 25 | 1.3% | 19.2% | ||
| Q4 24 | 1.4% | 14.0% | ||
| Q3 24 | 1.6% | 24.1% | ||
| Q2 24 | 2.0% | 17.2% | ||
| Q1 24 | 1.6% | 15.0% |
现金转化率HIRHP
| Q4 25 | — | 2.21× | ||
| Q3 25 | 0.89× | 5.88× | ||
| Q2 25 | -0.79× | 1.71× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | -1.77× | 2.30× | ||
| Q3 24 | 11.40× | 3.70× | ||
| Q2 24 | — | 1.83× | ||
| Q1 24 | 0.52× | 0.17× |
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
HI
| Transferred At Point In Time | $256.5M | 47% |
| Transferred Over Time | $207.1M | 38% |
| Molding Technology Solutions | $86.6M | 16% |
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% |
