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Host Hotels & Resorts（HST）与越洋钻探（RIG）财务数据对比。点击上方公司名可切换其他公司
Host Hotels & Resorts的季度营收约是越洋钻探的1.5倍（$1.6B vs $1.0B），Host Hotels & Resorts净利率更高（8.4% vs 2.4%，领先6.0%），Host Hotels & Resorts同比增速更快（12.3% vs 9.6%），Host Hotels & Resorts自由现金流更多（$445.0M vs $321.0M），过去两年越洋钻探的营收复合增速更高（16.9% 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。
越洋钻探（Transocean Ltd.）是按营收计全球规模最大的海上钻探承包商，总部位于瑞士施泰因豪森，起源于美国，目前在加拿大、美国、挪威、英国、印度、巴西、新加坡等20个国家设有办事机构，业务覆盖全球主要海上油气开采区域。
HST vs RIG — 直观对比
营收规模更大
HST
是对方的1.5倍
$1.0B
营收增速更快
HST
高出2.7%
9.6%
净利率更高
HST
高出6.0%
2.4%
自由现金流更多
HST
多$124.0M
$321.0M
两年增速更快
RIG
近两年复合增速
4.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.0B |
| 净利润 | $135.0M | $25.0M |
| 毛利率 | — | 42.0% |
| 营业利润率 | 12.0% | 23.0% |
| 净利率 | 8.4% | 2.4% |
| 营收同比 | 12.3% | 9.6% |
| 净利润同比 | 25.0% | 257.1% |
| 每股收益（稀释后） | $0.20 | $0.13 |
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HSTRIG
| Q4 25 | $1.6B | $1.0B | ||
| Q3 25 | $1.3B | $1.0B | ||
| Q2 25 | $1.6B | $988.0M | ||
| Q1 25 | $1.6B | $906.0M | ||
| Q4 24 | $1.4B | $952.0M | ||
| Q3 24 | $1.3B | $948.0M | ||
| Q2 24 | $1.5B | $861.0M | ||
| Q1 24 | $1.5B | $763.0M |
净利润HSTRIG
| Q4 25 | $135.0M | $25.0M | ||
| Q3 25 | $161.0M | $-1.9B | ||
| Q2 25 | $221.0M | $-938.0M | ||
| Q1 25 | $248.0M | $-79.0M | ||
| Q4 24 | $108.0M | $7.0M | ||
| Q3 24 | $82.0M | $-494.0M | ||
| Q2 24 | $239.0M | $-123.0M | ||
| Q1 24 | $268.0M | $98.0M |
毛利率HSTRIG
| Q4 25 | — | 42.0% | ||
| Q3 25 | — | 43.2% | ||
| Q2 25 | — | 39.4% | ||
| Q1 25 | — | 31.8% | ||
| Q4 24 | — | 39.2% | ||
| Q3 24 | — | 40.6% | ||
| Q2 24 | — | 38.0% | ||
| Q1 24 | — | 31.5% |
营业利润率HSTRIG
| Q4 25 | 12.0% | 23.0% | ||
| Q3 25 | 7.6% | -163.1% | ||
| Q2 25 | 17.5% | -97.6% | ||
| Q1 25 | 17.9% | 7.1% | ||
| Q4 24 | 11.0% | 13.7% | ||
| Q3 24 | 10.2% | -51.2% | ||
| Q2 24 | 19.9% | -6.9% | ||
| Q1 24 | 19.8% | -0.4% |
净利率HSTRIG
| Q4 25 | 8.4% | 2.4% | ||
| Q3 25 | 12.1% | -187.1% | ||
| Q2 25 | 13.9% | -94.9% | ||
| Q1 25 | 15.6% | -8.7% | ||
| Q4 24 | 7.6% | 0.7% | ||
| Q3 24 | 6.2% | -52.1% | ||
| Q2 24 | 16.3% | -14.3% | ||
| Q1 24 | 18.2% | 12.8% |
每股收益（稀释后）HSTRIG
| Q4 25 | $0.20 | $0.13 | ||
| Q3 25 | $0.23 | $-2.00 | ||
| Q2 25 | $0.32 | $-1.06 | ||
| Q1 25 | $0.35 | $-0.11 | ||
| Q4 24 | $0.15 | $-0.14 | ||
| Q3 24 | $0.12 | $-0.58 | ||
| Q2 24 | $0.34 | $-0.15 | ||
| Q1 24 | $0.38 | $0.11 |
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 | $620.0M |
| 总债务越低越好 | $1.3B | $5.2B |
| 股东权益账面价值 | $6.6B | $8.1B |
| 总资产 | $13.0B | $15.6B |
| 负债/权益比越低杠杆越低 | 0.19× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资HSTRIG
| Q4 25 | $768.0M | $620.0M | ||
| Q3 25 | $539.0M | $833.0M | ||
| Q2 25 | $490.0M | $377.0M | ||
| Q1 25 | $428.0M | $263.0M | ||
| Q4 24 | $554.0M | $560.0M | ||
| Q3 24 | $564.0M | $435.0M | ||
| Q2 24 | $805.0M | $475.0M | ||
| Q1 24 | $1.3B | $446.0M |
总债务HSTRIG
| Q4 25 | $1.3B | $5.2B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $5.9B | ||
| Q1 25 | — | $5.9B | ||
| Q4 24 | $896.0M | $6.2B | ||
| Q3 24 | — | $6.5B | ||
| Q2 24 | — | $6.8B | ||
| Q1 24 | — | $6.8B |
股东权益HSTRIG
| Q4 25 | $6.6B | $8.1B | ||
| Q3 25 | $6.7B | $8.1B | ||
| Q2 25 | $6.6B | $9.4B | ||
| Q1 25 | $6.7B | $10.2B | ||
| Q4 24 | $6.6B | $10.3B | ||
| Q3 24 | $6.7B | $10.2B | ||
| Q2 24 | $6.8B | $10.7B | ||
| Q1 24 | $6.7B | $10.5B |
总资产HSTRIG
| Q4 25 | $13.0B | $15.6B | ||
| Q3 25 | $13.0B | $16.2B | ||
| Q2 25 | $13.0B | $17.8B | ||
| Q1 25 | $12.9B | $19.0B | ||
| Q4 24 | $13.0B | $19.4B | ||
| Q3 24 | $13.1B | $19.5B | ||
| Q2 24 | $12.4B | $20.3B | ||
| Q1 24 | $12.5B | $19.9B |
负债/权益比HSTRIG
| Q4 25 | 0.19× | 0.64× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | — | 0.63× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | 0.14× | 0.60× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.63× | ||
| Q1 24 | — | 0.65× |
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 | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $445.0M | $321.0M |
| 自由现金流率自由现金流/营收 | 27.8% | 30.8% |
| 资本支出强度资本支出/营收 | 6.1% | 2.7% |
| 现金转化率经营现金流/净利润 | 4.02× | 13.96× |
| 过去12个月自由现金流最近4个季度 | $1.2B | $626.0M |
8季度趋势，按日历期对齐
经营现金流HSTRIG
| Q4 25 | $543.0M | $349.0M | ||
| Q3 25 | $218.0M | $246.0M | ||
| Q2 25 | $444.0M | $128.0M | ||
| Q1 25 | $305.0M | $26.0M | ||
| Q4 24 | $331.0M | $206.0M | ||
| Q3 24 | $349.0M | $194.0M | ||
| Q2 24 | $453.0M | $133.0M | ||
| Q1 24 | $365.0M | $-86.0M |
自由现金流HSTRIG
| Q4 25 | $445.0M | $321.0M | ||
| Q3 25 | $143.0M | $235.0M | ||
| Q2 25 | $381.0M | $104.0M | ||
| Q1 25 | $259.0M | $-34.0M | ||
| Q4 24 | $235.0M | $177.0M | ||
| Q3 24 | $262.0M | $136.0M | ||
| Q2 24 | $409.0M | $49.0M | ||
| Q1 24 | $332.0M | $-169.0M |
自由现金流率HSTRIG
| Q4 25 | 27.8% | 30.8% | ||
| Q3 25 | 10.7% | 22.9% | ||
| Q2 25 | 24.0% | 10.5% | ||
| Q1 25 | 16.2% | -3.8% | ||
| Q4 24 | 16.5% | 18.6% | ||
| Q3 24 | 19.9% | 14.3% | ||
| Q2 24 | 27.9% | 5.7% | ||
| Q1 24 | 22.6% | -22.1% |
资本支出强度HSTRIG
| Q4 25 | 6.1% | 2.7% | ||
| Q3 25 | 5.6% | 1.1% | ||
| Q2 25 | 4.0% | 2.4% | ||
| Q1 25 | 2.9% | 6.6% | ||
| Q4 24 | 6.7% | 3.0% | ||
| Q3 24 | 6.6% | 6.1% | ||
| Q2 24 | 3.0% | 9.8% | ||
| Q1 24 | 2.2% | 10.9% |
现金转化率HSTRIG
| Q4 25 | 4.02× | 13.96× | ||
| Q3 25 | 1.35× | — | ||
| Q2 25 | 2.01× | — | ||
| Q1 25 | 1.23× | — | ||
| Q4 24 | 3.06× | 29.43× | ||
| Q3 24 | 4.26× | — | ||
| Q2 24 | 1.90× | — | ||
| Q1 24 | 1.36× | -0.88× |
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
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
