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Helmerich & Payne, Inc.（HP）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
Helmerich & Payne, Inc.的季度营收约是Ryman Hospitality Properties, Inc.的1.3倍（$981.1M vs $737.8M），Ryman Hospitality Properties, Inc.净利率更高（10.1% vs -9.9%，领先19.9%），Helmerich & Payne, Inc.同比增速更快（45.4% vs 13.9%），Helmerich & Payne, Inc.自由现金流更多（$114.9M vs $58.5M），过去两年Helmerich & Payne, Inc.的营收复合增速更高（19.7% vs 18.2%）
Helmerich & Payne（简称H&P）是总部位于美国俄克拉荷马州塔尔萨的跨国石油钻探承包商，为油气勘探开发企业提供钻井及相关配套服务。公司1998年推出的FlexRigs系列钻井平台广泛应用于非常规页岩地层钻探作业，是全球最大的陆上钻探服务商之一。
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。
HP vs RHP — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $981.1M | $737.8M |
| 净利润 | $-96.7M | $74.5M |
| 毛利率 | — | 41.4% |
| 营业利润率 | -6.1% | 19.4% |
| 净利率 | -9.9% | 10.1% |
| 营收同比 | 45.4% | 13.9% |
| 净利润同比 | -276.6% | 3.0% |
| 每股收益（稀释后） | $-0.98 | $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
| Q4 25 | $981.1M | $737.8M | ||
| Q3 25 | $953.8M | $592.5M | ||
| Q2 25 | $1.0B | $659.5M | ||
| Q1 25 | $1.0B | $587.3M | ||
| Q4 24 | $674.6M | $647.6M | ||
| Q3 24 | $691.3M | $550.0M | ||
| Q2 24 | $695.1M | $613.3M | ||
| Q1 24 | $685.1M | $528.3M |
| Q4 25 | $-96.7M | $74.5M | ||
| Q3 25 | $-57.4M | $34.9M | ||
| Q2 25 | $-162.8M | $71.8M | ||
| Q1 25 | $1.7M | $63.0M | ||
| Q4 24 | $54.8M | $72.3M | ||
| Q3 24 | $75.5M | $59.0M | ||
| Q2 24 | $88.7M | $100.8M | ||
| Q1 24 | $84.8M | $42.8M |
| Q4 25 | — | 41.4% | ||
| Q3 25 | — | 40.9% | ||
| Q2 25 | — | 49.7% | ||
| Q1 25 | — | 44.4% | ||
| Q4 24 | — | 40.4% | ||
| Q3 24 | — | 43.1% | ||
| Q2 24 | — | 48.4% | ||
| Q1 24 | — | 41.5% |
| Q4 25 | -6.1% | 19.4% | ||
| Q3 25 | -0.1% | 15.0% | ||
| Q2 25 | -12.4% | 21.1% | ||
| Q1 25 | 4.2% | 19.8% | ||
| Q4 24 | 13.3% | 18.6% | ||
| Q3 24 | 15.4% | 19.3% | ||
| Q2 24 | 16.0% | 27.4% | ||
| Q1 24 | 16.1% | 18.2% |
| Q4 25 | -9.9% | 10.1% | ||
| Q3 25 | -6.0% | 5.9% | ||
| Q2 25 | -15.7% | 10.9% | ||
| Q1 25 | 0.2% | 10.7% | ||
| Q4 24 | 8.1% | 11.2% | ||
| Q3 24 | 10.9% | 10.7% | ||
| Q2 24 | 12.8% | 16.4% | ||
| Q1 24 | 12.4% | 8.1% |
| Q4 25 | $-0.98 | $1.12 | ||
| Q3 25 | $-0.57 | $0.53 | ||
| Q2 25 | $-1.64 | $1.12 | ||
| Q1 25 | $0.01 | $1.00 | ||
| Q4 24 | $0.54 | $1.12 | ||
| Q3 24 | $0.77 | $0.94 | ||
| Q2 24 | $0.88 | $1.65 | ||
| Q1 24 | $0.84 | $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 | $269.0M | $471.4M |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $2.7B | $750.2M |
| 总资产 | $6.5B | $6.2B |
| 负债/权益比越低杠杆越低 | 0.75× | — |
8季度趋势，按日历期对齐
| Q4 25 | $269.0M | $471.4M | ||
| Q3 25 | $218.3M | $483.3M | ||
| Q2 25 | $187.4M | $420.6M | ||
| Q1 25 | $195.6M | $413.9M | ||
| Q4 24 | $526.5M | $477.7M | ||
| Q3 24 | $510.3M | $534.9M | ||
| Q2 24 | $289.7M | $498.4M | ||
| Q1 24 | $277.0M | $465.3M |
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $2.7B | $750.2M | ||
| Q3 25 | $2.8B | $758.5M | ||
| Q2 25 | $2.9B | $800.4M | ||
| Q1 25 | $3.1B | $531.5M | ||
| Q4 24 | $2.9B | $549.0M | ||
| Q3 24 | $2.9B | $551.9M | ||
| Q2 24 | $2.9B | $562.6M | ||
| Q1 24 | $2.8B | $529.9M |
| Q4 25 | $6.5B | $6.2B | ||
| Q3 25 | $6.7B | $6.2B | ||
| Q2 25 | $6.9B | $6.1B | ||
| Q1 25 | $7.2B | $5.2B | ||
| Q4 24 | $5.8B | $5.2B | ||
| Q3 24 | $5.8B | $5.2B | ||
| Q2 24 | $4.5B | $5.1B | ||
| Q1 24 | $4.4B | $5.1B |
| Q4 25 | 0.75× | — | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.76× | — | ||
| Q1 25 | 0.73× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.61× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $182.4M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $114.9M | $58.5M |
| 自由现金流率自由现金流/营收 | 11.7% | 7.9% |
| 资本支出强度资本支出/营收 | 6.9% | 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 | $179.6M | $232.4M |
8季度趋势，按日历期对齐
| Q4 25 | $182.4M | $164.7M | ||
| Q3 25 | $206.9M | $205.2M | ||
| Q2 25 | $121.6M | $122.5M | ||
| Q1 25 | $56.0M | $98.2M | ||
| Q4 24 | $158.4M | $166.6M | ||
| Q3 24 | $168.8M | $218.1M | ||
| Q2 24 | $197.4M | $184.3M | ||
| Q1 24 | $143.7M | $7.5M |
| Q4 25 | $114.9M | $58.5M | ||
| Q3 25 | $142.8M | $135.4M | ||
| Q2 25 | $24.6M | $53.0M | ||
| Q1 25 | $-102.7M | $-14.5M | ||
| Q4 24 | $51.9M | $76.0M | ||
| Q3 24 | $62.8M | $85.7M | ||
| Q2 24 | $63.0M | $78.8M | ||
| Q1 24 | $25.4M | $-72.0M |
| Q4 25 | 11.7% | 7.9% | ||
| Q3 25 | 15.0% | 22.9% | ||
| Q2 25 | 2.4% | 8.0% | ||
| Q1 25 | -10.1% | -2.5% | ||
| Q4 24 | 7.7% | 11.7% | ||
| Q3 24 | 9.1% | 15.6% | ||
| Q2 24 | 9.1% | 12.9% | ||
| Q1 24 | 3.7% | -13.6% |
| Q4 25 | 6.9% | 14.4% | ||
| Q3 25 | 6.7% | 11.8% | ||
| Q2 25 | 9.3% | 10.5% | ||
| Q1 25 | 15.7% | 19.2% | ||
| Q4 24 | 15.8% | 14.0% | ||
| Q3 24 | 15.3% | 24.1% | ||
| Q2 24 | 19.3% | 17.2% | ||
| Q1 24 | 17.3% | 15.0% |
| Q4 25 | — | 2.21× | ||
| Q3 25 | — | 5.88× | ||
| Q2 25 | — | 1.71× | ||
| Q1 25 | 33.89× | 1.56× | ||
| Q4 24 | 2.89× | 2.30× | ||
| Q3 24 | 2.24× | 3.70× | ||
| Q2 24 | 2.23× | 1.83× | ||
| Q1 24 | 1.69× | 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
HP
| North America Solutions | $563.6M | 57% |
| International Solutions Segment | $229.3M | 23% |
| Offshore Solutions | $188.3M | 19% |
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% |
