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希尔顿（HLT）与Snap Inc（SNAP）财务数据对比。点击上方公司名可切换其他公司
希尔顿的季度营收约是Snap Inc的1.7倍（$2.9B vs $1.7B），希尔顿净利率更高（13.0% vs 2.6%，领先10.4%），Snap Inc同比增速更快（10.2% vs 9.0%），过去两年Snap Inc的营收复合增速更高（19.9% vs -0.2%）
希尔顿全球控股是美国跨国酒店管理集团，管理并特许经营涵盖酒店、度假村、分时度假物业在内的多元品牌矩阵。集团由康拉德·希尔顿于1919年5月创立，现任首席执行官为克里斯托弗·J·纳塞塔，总部位于美国弗吉尼亚州泰森斯。
Snap Inc.是一家美国科技企业，2011年9月16日由埃文·斯皮格尔、鲍比·墨菲和雷吉·布朗联合创立，总部位于加利福尼亚州圣莫尼卡。公司核心产品包括社交应用Snapchat、智能眼镜Spectacles、虚拟形象工具Bitmoji以及营销推广解决方案SnapBoost，2016年9月24日由原Snapchat Inc.更名为现名，覆盖社交、智能硬件等多元业务领域。
HLT vs SNAP — 直观对比
营收规模更大
HLT
是对方的1.7倍
$1.7B
营收增速更快
SNAP
高出1.2%
9.0%
净利率更高
HLT
高出10.4%
2.6%
两年增速更快
SNAP
近两年复合增速
-0.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $1.7B |
| 净利润 | $383.0M | $45.2M |
| 毛利率 | — | 59.1% |
| 营业利润率 | 23.1% | 2.9% |
| 净利率 | 13.0% | 2.6% |
| 营收同比 | 9.0% | 10.2% |
| 净利润同比 | 27.7% | 396.7% |
| 每股收益（稀释后） | $1.66 | $0.03 |
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HLTSNAP
| Q1 26 | $2.9B | — | ||
| Q4 25 | $3.1B | $1.7B | ||
| Q3 25 | $3.1B | $1.5B | ||
| Q2 25 | $3.1B | $1.3B | ||
| Q1 25 | $2.7B | $1.4B | ||
| Q4 24 | $2.8B | $1.6B | ||
| Q3 24 | $2.9B | $1.4B | ||
| Q2 24 | $3.0B | $1.2B |
净利润HLTSNAP
| Q1 26 | $383.0M | — | ||
| Q4 25 | $297.0M | $45.2M | ||
| Q3 25 | $420.0M | $-103.5M | ||
| Q2 25 | $440.0M | $-262.6M | ||
| Q1 25 | $300.0M | $-139.6M | ||
| Q4 24 | $505.0M | $9.1M | ||
| Q3 24 | $344.0M | $-153.2M | ||
| Q2 24 | $421.0M | $-248.6M |
毛利率HLTSNAP
| Q1 26 | — | — | ||
| Q4 25 | — | 59.1% | ||
| Q3 25 | — | 55.3% | ||
| Q2 25 | — | 51.4% | ||
| Q1 25 | — | 53.1% | ||
| Q4 24 | — | 56.9% | ||
| Q3 24 | — | 53.5% | ||
| Q2 24 | — | 52.4% |
营业利润率HLTSNAP
| Q1 26 | 23.1% | — | ||
| Q4 25 | 19.5% | 2.9% | ||
| Q3 25 | 24.9% | -8.5% | ||
| Q2 25 | 24.8% | -19.3% | ||
| Q1 25 | 19.9% | -14.2% | ||
| Q4 24 | 17.6% | -1.7% | ||
| Q3 24 | 21.7% | -12.6% | ||
| Q2 24 | 24.6% | -20.5% |
净利率HLTSNAP
| Q1 26 | 13.0% | — | ||
| Q4 25 | 9.6% | 2.6% | ||
| Q3 25 | 13.5% | -6.9% | ||
| Q2 25 | 14.0% | -19.5% | ||
| Q1 25 | 11.1% | -10.2% | ||
| Q4 24 | 18.1% | 0.6% | ||
| Q3 24 | 12.0% | -11.2% | ||
| Q2 24 | 14.3% | -20.1% |
每股收益（稀释后）HLTSNAP
| Q1 26 | $1.66 | — | ||
| Q4 25 | $1.27 | $0.03 | ||
| Q3 25 | $1.78 | $-0.06 | ||
| Q2 25 | $1.84 | $-0.16 | ||
| Q1 25 | $1.23 | $-0.08 | ||
| Q4 24 | $2.05 | $0.01 | ||
| Q3 24 | $1.38 | $-0.09 | ||
| Q2 24 | $1.67 | $-0.15 |
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 | — | $2.9B |
| 总债务越低越好 | $12.4M | $3.5B |
| 股东权益账面价值 | — | $2.3B |
| 总资产 | — | $7.7B |
| 负债/权益比越低杠杆越低 | — | 1.55× |
8季度趋势，按日历期对齐
现金及短期投资HLTSNAP
| Q1 26 | — | — | ||
| Q4 25 | $918.0M | $2.9B | ||
| Q3 25 | $1.1B | $3.0B | ||
| Q2 25 | $371.0M | $2.9B | ||
| Q1 25 | $731.0M | $3.2B | ||
| Q4 24 | $1.3B | $3.4B | ||
| Q3 24 | $1.6B | $3.2B | ||
| Q2 24 | $731.0M | $3.1B |
总债务HLTSNAP
| Q1 26 | $12.4M | — | ||
| Q4 25 | $12.3B | $3.5B | ||
| Q3 25 | $11.6B | $3.5B | ||
| Q2 25 | $10.9B | $3.6B | ||
| Q1 25 | $10.6B | $3.6B | ||
| Q4 24 | $10.6B | $3.6B | ||
| Q3 24 | $10.6B | $3.6B | ||
| Q2 24 | $9.6B | $3.6B |
股东权益HLTSNAP
| Q1 26 | — | — | ||
| Q4 25 | $-5.4B | $2.3B | ||
| Q3 25 | $-4.9B | $2.2B | ||
| Q2 25 | $-4.6B | $2.1B | ||
| Q1 25 | $-4.4B | $2.3B | ||
| Q4 24 | $-3.7B | $2.5B | ||
| Q3 24 | $-3.5B | $2.2B | ||
| Q2 24 | $-3.1B | $2.1B |
总资产HLTSNAP
| Q1 26 | — | — | ||
| Q4 25 | $16.8B | $7.7B | ||
| Q3 25 | $16.6B | $7.6B | ||
| Q2 25 | $15.9B | $7.4B | ||
| Q1 25 | $16.0B | $7.6B | ||
| Q4 24 | $16.5B | $7.9B | ||
| Q3 24 | $16.7B | $7.6B | ||
| Q2 24 | $15.7B | $7.4B |
负债/权益比HLTSNAP
| Q1 26 | — | — | ||
| Q4 25 | — | 1.55× | ||
| Q3 25 | — | 1.59× | ||
| Q2 25 | — | 1.73× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 1.49× | ||
| Q3 24 | — | 1.65× | ||
| Q2 24 | — | 1.76× |
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 | — | $269.6M |
| 自由现金流经营现金流 - 资本支出 | — | $205.6M |
| 自由现金流率自由现金流/营收 | — | 12.0% |
| 资本支出强度资本支出/营收 | 0.3% | 3.7% |
| 现金转化率经营现金流/净利润 | — | 5.96× |
| 过去12个月自由现金流最近4个季度 | — | $437.2M |
8季度趋势，按日历期对齐
经营现金流HLTSNAP
| Q1 26 | — | — | ||
| Q4 25 | $203.0M | $269.6M | ||
| Q3 25 | $816.0M | $146.5M | ||
| Q2 25 | $658.0M | $88.5M | ||
| Q1 25 | $452.0M | $151.6M | ||
| Q4 24 | $582.0M | $230.6M | ||
| Q3 24 | $664.0M | $115.9M | ||
| Q2 24 | $421.0M | $-21.4M |
自由现金流HLTSNAP
| Q1 26 | — | — | ||
| Q4 25 | $173.0M | $205.6M | ||
| Q3 25 | $787.0M | $93.4M | ||
| Q2 25 | $635.0M | $23.8M | ||
| Q1 25 | $433.0M | $114.4M | ||
| Q4 24 | $534.0M | $182.4M | ||
| Q3 24 | $647.0M | $71.8M | ||
| Q2 24 | $406.0M | $-73.4M |
自由现金流率HLTSNAP
| Q1 26 | — | — | ||
| Q4 25 | 5.6% | 12.0% | ||
| Q3 25 | 25.2% | 6.2% | ||
| Q2 25 | 20.2% | 1.8% | ||
| Q1 25 | 16.1% | 8.4% | ||
| Q4 24 | 19.2% | 11.7% | ||
| Q3 24 | 22.6% | 5.2% | ||
| Q2 24 | 13.8% | -5.9% |
资本支出强度HLTSNAP
| Q1 26 | 0.3% | — | ||
| Q4 25 | 1.0% | 3.7% | ||
| Q3 25 | 0.9% | 3.5% | ||
| Q2 25 | 0.7% | 4.8% | ||
| Q1 25 | 0.7% | 2.7% | ||
| Q4 24 | 1.7% | 3.1% | ||
| Q3 24 | 0.6% | 3.2% | ||
| Q2 24 | 0.5% | 4.2% |
现金转化率HLTSNAP
| Q1 26 | — | — | ||
| Q4 25 | 0.68× | 5.96× | ||
| Q3 25 | 1.94× | — | ||
| Q2 25 | 1.50× | — | ||
| Q1 25 | 1.51× | — | ||
| Q4 24 | 1.15× | 25.34× | ||
| Q3 24 | 1.93× | — | ||
| Q2 24 | 1.00× | — |
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
HLT
暂无分部数据
SNAP
| Advertising Revenue | $1.5B | 86% |
| Other Revenue | $231.9M | 14% |
