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Host Hotels & Resorts（HST）与NetApp（NTAP）财务数据对比。点击上方公司名可切换其他公司
NetApp的季度营收约是Host Hotels & Resorts的1.1倍（$1.7B vs $1.6B），NetApp净利率更高（17.9% vs 8.4%，领先9.5%），Host Hotels & Resorts同比增速更快（12.3% vs 2.8%），Host Hotels & Resorts自由现金流更多（$445.0M vs $78.0M），过去两年Host Hotels & Resorts的营收复合增速更高（4.4% vs 3.0%）
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。
NetApp是总部位于美国加利福尼亚州圣何塞的企业级数据基础设施服务商，成立于1992年，2012至2021年连续入选《财富》世界500强。公司面向全球企业客户提供统一数据存储、集成数据服务及云运营解决方案，可满足线上线下全场景的应用与数据管理需求。
HST vs NTAP — 直观对比
营收规模更大
NTAP
是对方的1.1倍
$1.6B
营收增速更快
HST
高出9.4%
2.8%
净利率更高
NTAP
高出9.5%
8.4%
自由现金流更多
HST
多$367.0M
$78.0M
两年增速更快
HST
近两年复合增速
3.0%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.7B |
| 净利润 | $135.0M | $305.0M |
| 毛利率 | — | 72.0% |
| 营业利润率 | 12.0% | 23.4% |
| 净利率 | 8.4% | 17.9% |
| 营收同比 | 12.3% | 2.8% |
| 净利润同比 | 25.0% | 2.0% |
| 每股收益（稀释后） | $0.20 | $1.51 |
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HSTNTAP
| Q4 25 | $1.6B | $1.7B | ||
| Q3 25 | $1.3B | $1.6B | ||
| Q2 25 | $1.6B | $1.7B | ||
| Q1 25 | $1.6B | $1.6B | ||
| Q4 24 | $1.4B | $1.7B | ||
| Q3 24 | $1.3B | $1.5B | ||
| Q2 24 | $1.5B | $1.7B | ||
| Q1 24 | $1.5B | $1.6B |
净利润HSTNTAP
| Q4 25 | $135.0M | $305.0M | ||
| Q3 25 | $161.0M | $233.0M | ||
| Q2 25 | $221.0M | $340.0M | ||
| Q1 25 | $248.0M | $299.0M | ||
| Q4 24 | $108.0M | $299.0M | ||
| Q3 24 | $82.0M | $248.0M | ||
| Q2 24 | $239.0M | $291.0M | ||
| Q1 24 | $268.0M | $313.0M |
毛利率HSTNTAP
| Q4 25 | — | 72.0% | ||
| Q3 25 | — | 70.4% | ||
| Q2 25 | — | 68.9% | ||
| Q1 25 | — | 69.8% | ||
| Q4 24 | — | 71.0% | ||
| Q3 24 | — | 71.3% | ||
| Q2 24 | — | 70.5% | ||
| Q1 24 | — | 71.7% |
营业利润率HSTNTAP
| Q4 25 | 12.0% | 23.4% | ||
| Q3 25 | 7.6% | 19.8% | ||
| Q2 25 | 17.5% | 20.1% | ||
| Q1 25 | 17.9% | 22.1% | ||
| Q4 24 | 11.0% | 20.8% | ||
| Q3 24 | 10.2% | 18.3% | ||
| Q2 24 | 19.9% | 21.9% | ||
| Q1 24 | 19.8% | 22.8% |
净利率HSTNTAP
| Q4 25 | 8.4% | 17.9% | ||
| Q3 25 | 12.1% | 14.9% | ||
| Q2 25 | 13.9% | 19.6% | ||
| Q1 25 | 15.6% | 18.2% | ||
| Q4 24 | 7.6% | 18.0% | ||
| Q3 24 | 6.2% | 16.1% | ||
| Q2 24 | 16.3% | 17.4% | ||
| Q1 24 | 18.2% | 19.5% |
每股收益（稀释后）HSTNTAP
| Q4 25 | $0.20 | $1.51 | ||
| Q3 25 | $0.23 | $1.15 | ||
| Q2 25 | $0.32 | $1.64 | ||
| Q1 25 | $0.35 | $1.44 | ||
| Q4 24 | $0.15 | $1.42 | ||
| Q3 24 | $0.12 | $1.17 | ||
| Q2 24 | $0.34 | $1.36 | ||
| Q1 24 | $0.38 | $1.48 |
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 | $3.0B |
| 总债务越低越好 | $1.3B | $2.5B |
| 股东权益账面价值 | $6.6B | $986.0M |
| 总资产 | $13.0B | $9.6B |
| 负债/权益比越低杠杆越低 | 0.19× | 2.52× |
8季度趋势，按日历期对齐
现金及短期投资HSTNTAP
| Q4 25 | $768.0M | $3.0B | ||
| Q3 25 | $539.0M | $3.3B | ||
| Q2 25 | $490.0M | $3.8B | ||
| Q1 25 | $428.0M | $2.3B | ||
| Q4 24 | $554.0M | $2.2B | ||
| Q3 24 | $564.0M | $3.0B | ||
| Q2 24 | $805.0M | $3.3B | ||
| Q1 24 | $1.3B | $2.9B |
总债务HSTNTAP
| Q4 25 | $1.3B | $2.5B | ||
| Q3 25 | — | $2.5B | ||
| Q2 25 | — | $3.2B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | $896.0M | $2.0B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | — | $2.4B | ||
| Q1 24 | — | $2.4B |
股东权益HSTNTAP
| Q4 25 | $6.6B | $986.0M | ||
| Q3 25 | $6.7B | $975.0M | ||
| Q2 25 | $6.6B | $1.0B | ||
| Q1 25 | $6.7B | $995.0M | ||
| Q4 24 | $6.6B | $892.0M | ||
| Q3 24 | $6.7B | $929.0M | ||
| Q2 24 | $6.8B | $1.1B | ||
| Q1 24 | $6.7B | $994.0M |
总资产HSTNTAP
| Q4 25 | $13.0B | $9.6B | ||
| Q3 25 | $13.0B | $9.7B | ||
| Q2 25 | $13.0B | $10.8B | ||
| Q1 25 | $12.9B | $9.0B | ||
| Q4 24 | $13.0B | $9.0B | ||
| Q3 24 | $13.1B | $9.3B | ||
| Q2 24 | $12.4B | $9.9B | ||
| Q1 24 | $12.5B | $9.4B |
负债/权益比HSTNTAP
| Q4 25 | 0.19× | 2.52× | ||
| Q3 25 | — | 2.55× | ||
| Q2 25 | — | 3.11× | ||
| Q1 25 | — | 2.00× | ||
| Q4 24 | 0.14× | 2.23× | ||
| Q3 24 | — | 2.58× | ||
| Q2 24 | — | 2.09× | ||
| Q1 24 | — | 2.41× |
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 | $127.0M |
| 自由现金流经营现金流 - 资本支出 | $445.0M | $78.0M |
| 自由现金流率自由现金流/营收 | 27.8% | 4.6% |
| 资本支出强度资本支出/营收 | 6.1% | 2.9% |
| 现金转化率经营现金流/净利润 | 4.02× | 0.42× |
| 过去12个月自由现金流最近4个季度 | $1.2B | — |
8季度趋势，按日历期对齐
经营现金流HSTNTAP
| Q4 25 | $543.0M | $127.0M | ||
| Q3 25 | $218.0M | $673.0M | ||
| Q2 25 | $444.0M | — | ||
| Q1 25 | $305.0M | $385.0M | ||
| Q4 24 | $331.0M | — | ||
| Q3 24 | $349.0M | $341.0M | ||
| Q2 24 | $453.0M | $613.0M | ||
| Q1 24 | $365.0M | $484.0M |
自由现金流HSTNTAP
| Q4 25 | $445.0M | $78.0M | ||
| Q3 25 | $143.0M | $620.0M | ||
| Q2 25 | $381.0M | — | ||
| Q1 25 | $259.0M | $338.0M | ||
| Q4 24 | $235.0M | — | ||
| Q3 24 | $262.0M | $300.0M | ||
| Q2 24 | $409.0M | $567.0M | ||
| Q1 24 | $332.0M | $448.0M |
自由现金流率HSTNTAP
| Q4 25 | 27.8% | 4.6% | ||
| Q3 25 | 10.7% | 39.8% | ||
| Q2 25 | 24.0% | — | ||
| Q1 25 | 16.2% | 20.6% | ||
| Q4 24 | 16.5% | — | ||
| Q3 24 | 19.9% | 19.5% | ||
| Q2 24 | 27.9% | 34.0% | ||
| Q1 24 | 22.6% | 27.9% |
资本支出强度HSTNTAP
| Q4 25 | 6.1% | 2.9% | ||
| Q3 25 | 5.6% | 3.4% | ||
| Q2 25 | 4.0% | — | ||
| Q1 25 | 2.9% | 2.9% | ||
| Q4 24 | 6.7% | — | ||
| Q3 24 | 6.6% | 2.7% | ||
| Q2 24 | 3.0% | 2.8% | ||
| Q1 24 | 2.2% | 2.2% |
现金转化率HSTNTAP
| Q4 25 | 4.02× | 0.42× | ||
| Q3 25 | 1.35× | 2.89× | ||
| Q2 25 | 2.01× | — | ||
| Q1 25 | 1.23× | 1.29× | ||
| Q4 24 | 3.06× | — | ||
| Q3 24 | 4.26× | 1.38× | ||
| Q2 24 | 1.90× | 2.11× | ||
| Q1 24 | 1.36× | 1.55× |
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
NTAP
| Products | $788.0M | 46% |
| Support | $647.0M | 38% |
| Public Cloud Segment | $171.0M | 10% |
| Professional And Other Services | $99.0M | 6% |
