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Host Hotels & Resorts（HST）与ICAHN ENTERPRISES L.P.（IEP）财务数据对比。点击上方公司名可切换其他公司
ICAHN ENTERPRISES L.P.的季度营收约是Host Hotels & Resorts的1.7倍（$2.7B vs $1.6B），Host Hotels & Resorts净利率更高（8.4% vs 0.0%，领先8.4%），Host Hotels & Resorts同比增速更快（12.3% vs 5.4%），Host Hotels & Resorts自由现金流更多（$445.0M vs $-496.0M），过去两年ICAHN ENTERPRISES L.P.的营收复合增速更高（4.5% vs 4.4%）
Host Hotels & Resorts是总部位于美国马里兰州贝塞斯达的房地产投资信托企业，专注于高端酒店资产投资。截至2024年12月31日，公司在美国、巴西、加拿大共持有81家高端酒店，总客房数约4.34万间，是全球知名的酒店不动产投资机构。
伊坎企业有限合伙企业是美国上市的 Master 有限合伙企业与多元化集团，总部位于佛罗里达州阳光岛海滩的弥尔顿大厦。公司投资布局覆盖能源、汽车、食品包装、金属、房地产、家居时尚等多个领域，由知名投资人卡尔·伊坎控股，其持股比例达86%。
HST vs IEP — 直观对比
营收规模更大
IEP
是对方的1.7倍
$1.6B
营收增速更快
HST
高出6.9%
5.4%
净利率更高
HST
高出8.4%
0.0%
自由现金流更多
HST
多$941.0M
$-496.0M
两年增速更快
IEP
近两年复合增速
4.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $2.7B |
| 净利润 | $135.0M | $1.0M |
| 毛利率 | — | — |
| 营业利润率 | 12.0% | 0.6% |
| 净利率 | 8.4% | 0.0% |
| 营收同比 | 12.3% | 5.4% |
| 净利润同比 | 25.0% | 101.0% |
| 每股收益（稀释后） | $0.20 | — |
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HSTIEP
| Q4 25 | $1.6B | $2.7B | ||
| Q3 25 | $1.3B | $2.7B | ||
| Q2 25 | $1.6B | $2.4B | ||
| Q1 25 | $1.6B | $1.9B | ||
| Q4 24 | $1.4B | $2.6B | ||
| Q3 24 | $1.3B | $2.8B | ||
| Q2 24 | $1.5B | $2.2B | ||
| Q1 24 | $1.5B | $2.5B |
净利润HSTIEP
| Q4 25 | $135.0M | $1.0M | ||
| Q3 25 | $161.0M | $287.0M | ||
| Q2 25 | $221.0M | $-165.0M | ||
| Q1 25 | $248.0M | $-422.0M | ||
| Q4 24 | $108.0M | $-98.0M | ||
| Q3 24 | $82.0M | $22.0M | ||
| Q2 24 | $239.0M | $-331.0M | ||
| Q1 24 | $268.0M | $-38.0M |
营业利润率HSTIEP
| Q4 25 | 12.0% | 0.6% | ||
| Q3 25 | 7.6% | 19.7% | ||
| Q2 25 | 17.5% | -10.4% | ||
| Q1 25 | 17.9% | -35.0% | ||
| Q4 24 | 11.0% | -5.2% | ||
| Q3 24 | 10.2% | 2.4% | ||
| Q2 24 | 19.9% | -21.9% | ||
| Q1 24 | 19.8% | -0.8% |
净利率HSTIEP
| Q4 25 | 8.4% | 0.0% | ||
| Q3 25 | 12.1% | 10.5% | ||
| Q2 25 | 13.9% | -7.0% | ||
| Q1 25 | 15.6% | -22.6% | ||
| Q4 24 | 7.6% | -3.8% | ||
| Q3 24 | 6.2% | 0.8% | ||
| Q2 24 | 16.3% | -15.0% | ||
| Q1 24 | 18.2% | -1.5% |
每股收益（稀释后）HSTIEP
| Q4 25 | $0.20 | — | ||
| Q3 25 | $0.23 | — | ||
| Q2 25 | $0.32 | — | ||
| Q1 25 | $0.35 | — | ||
| Q4 24 | $0.15 | — | ||
| Q3 24 | $0.12 | — | ||
| Q2 24 | $0.34 | — | ||
| Q1 24 | $0.38 | — |
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 | $768.0M | $1.4B |
| 总债务越低越好 | $1.3B | — |
| 股东权益账面价值 | $6.6B | — |
| 总资产 | $13.0B | $14.2B |
| 负债/权益比越低杠杆越低 | 0.19× | — |
8季度趋势，按日历期对齐
现金及短期投资HSTIEP
| Q4 25 | $768.0M | $1.4B | ||
| Q3 25 | $539.0M | $1.8B | ||
| Q2 25 | $490.0M | $1.8B | ||
| Q1 25 | $428.0M | $2.2B | ||
| Q4 24 | $554.0M | $2.6B | ||
| Q3 24 | $564.0M | $2.3B | ||
| Q2 24 | $805.0M | $2.2B | ||
| Q1 24 | $1.3B | $2.5B |
总债务HSTIEP
| Q4 25 | $1.3B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $896.0M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益HSTIEP
| Q4 25 | $6.6B | — | ||
| Q3 25 | $6.7B | — | ||
| Q2 25 | $6.6B | — | ||
| Q1 25 | $6.7B | — | ||
| Q4 24 | $6.6B | — | ||
| Q3 24 | $6.7B | — | ||
| Q2 24 | $6.8B | — | ||
| Q1 24 | $6.7B | — |
总资产HSTIEP
| Q4 25 | $13.0B | $14.2B | ||
| Q3 25 | $13.0B | $14.8B | ||
| Q2 25 | $13.0B | $14.8B | ||
| Q1 25 | $12.9B | $15.5B | ||
| Q4 24 | $13.0B | $16.3B | ||
| Q3 24 | $13.1B | $17.4B | ||
| Q2 24 | $12.4B | $18.0B | ||
| Q1 24 | $12.5B | $20.1B |
负债/权益比HSTIEP
| Q4 25 | 0.19× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.14× | — | ||
| Q3 24 | — | — | ||
| 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 | $543.0M | $-421.0M |
| 自由现金流经营现金流 - 资本支出 | $445.0M | $-496.0M |
| 自由现金流率自由现金流/营收 | 27.8% | -18.4% |
| 资本支出强度资本支出/营收 | 6.1% | 2.8% |
| 现金转化率经营现金流/净利润 | 4.02× | -421.00× |
| 过去12个月自由现金流最近4个季度 | $1.2B | $-654.0M |
8季度趋势，按日历期对齐
经营现金流HSTIEP
| Q4 25 | $543.0M | $-421.0M | ||
| Q3 25 | $218.0M | $15.0M | ||
| Q2 25 | $444.0M | $275.0M | ||
| Q1 25 | $305.0M | $-182.0M | ||
| Q4 24 | $331.0M | $244.0M | ||
| Q3 24 | $349.0M | $-54.0M | ||
| Q2 24 | $453.0M | $893.0M | ||
| Q1 24 | $365.0M | $-251.0M |
自由现金流HSTIEP
| Q4 25 | $445.0M | $-496.0M | ||
| Q3 25 | $143.0M | $-67.0M | ||
| Q2 25 | $381.0M | $179.0M | ||
| Q1 25 | $259.0M | $-270.0M | ||
| Q4 24 | $235.0M | $156.0M | ||
| Q3 24 | $262.0M | $-112.0M | ||
| Q2 24 | $409.0M | $827.0M | ||
| Q1 24 | $332.0M | $-319.0M |
自由现金流率HSTIEP
| Q4 25 | 27.8% | -18.4% | ||
| Q3 25 | 10.7% | -2.5% | ||
| Q2 25 | 24.0% | 7.6% | ||
| Q1 25 | 16.2% | -14.5% | ||
| Q4 24 | 16.5% | 6.1% | ||
| Q3 24 | 19.9% | -4.0% | ||
| Q2 24 | 27.9% | 37.6% | ||
| Q1 24 | 22.6% | -12.9% |
资本支出强度HSTIEP
| Q4 25 | 6.1% | 2.8% | ||
| Q3 25 | 5.6% | 3.0% | ||
| Q2 25 | 4.0% | 4.1% | ||
| Q1 25 | 2.9% | 4.7% | ||
| Q4 24 | 6.7% | 3.4% | ||
| Q3 24 | 6.6% | 2.1% | ||
| Q2 24 | 3.0% | 3.0% | ||
| Q1 24 | 2.2% | 2.8% |
现金转化率HSTIEP
| Q4 25 | 4.02× | -421.00× | ||
| Q3 25 | 1.35× | 0.05× | ||
| Q2 25 | 2.01× | — | ||
| Q1 25 | 1.23× | — | ||
| Q4 24 | 3.06× | — | ||
| Q3 24 | 4.26× | -2.45× | ||
| Q2 24 | 1.90× | — | ||
| Q1 24 | 1.36× | — |
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
HST
暂无分部数据
IEP
| Public Utilities Inventory Petroleum Products | $1.6B | 61% |
| Other | $381.0M | 14% |
| Automotive Services | $345.0M | 13% |
| Nitrogen Fertilizer Products | $131.0M | 5% |
| Food Packaging Segment | $82.0M | 3% |
| Home Fashion Segment | $45.0M | 2% |
| Renewable Products | $32.0M | 1% |
| Pharma Segment | $23.0M | 1% |
| Holding Company | $11.0M | 0% |
