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Host Hotels & Resorts（HST）与Ubiquiti Inc.（UI）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Ubiquiti Inc.的2.0倍（$1.6B vs $814.9M），Ubiquiti Inc.净利率更高（28.7% vs 8.4%，领先20.2%），Ubiquiti Inc.同比增速更快（35.8% vs 12.3%），Host Hotels & Resorts自由现金流更多（$445.0M vs $260.3M），过去两年Ubiquiti Inc.的营收复合增速更高（28.6% 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。
Ubiquiti Inc.是一家美国科技企业，2003年于加利福尼亚州圣何塞成立，目前总部位于纽约。公司旗下拥有多个品牌，主营面向企业及家庭用户的有线、无线数据通信产品的研发、生产与销售。
HST vs UI — 直观对比
营收规模更大
HST
是对方的2.0倍
$814.9M
营收增速更快
UI
高出23.6%
12.3%
净利率更高
UI
高出20.2%
8.4%
自由现金流更多
HST
多$184.7M
$260.3M
两年增速更快
UI
近两年复合增速
4.4%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $814.9M |
| 净利润 | $135.0M | $233.6M |
| 毛利率 | — | 45.9% |
| 营业利润率 | 12.0% | 35.9% |
| 净利率 | 8.4% | 28.7% |
| 营收同比 | 12.3% | 35.8% |
| 净利润同比 | 25.0% | 70.8% |
| 每股收益（稀释后） | $0.20 | $3.86 |
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HSTUI
| Q4 25 | $1.6B | $814.9M | ||
| Q3 25 | $1.3B | $733.8M | ||
| Q2 25 | $1.6B | $759.2M | ||
| Q1 25 | $1.6B | $664.2M | ||
| Q4 24 | $1.4B | $599.9M | ||
| Q3 24 | $1.3B | $550.3M | ||
| Q2 24 | $1.5B | $507.5M | ||
| Q1 24 | $1.5B | $493.0M |
净利润HSTUI
| Q4 25 | $135.0M | $233.6M | ||
| Q3 25 | $161.0M | $207.9M | ||
| Q2 25 | $221.0M | $266.7M | ||
| Q1 25 | $248.0M | $180.4M | ||
| Q4 24 | $108.0M | $136.8M | ||
| Q3 24 | $82.0M | $128.0M | ||
| Q2 24 | $239.0M | $103.8M | ||
| Q1 24 | $268.0M | $76.3M |
毛利率HSTUI
| Q4 25 | — | 45.9% | ||
| Q3 25 | — | 46.0% | ||
| Q2 25 | — | 45.1% | ||
| Q1 25 | — | 44.5% | ||
| Q4 24 | — | 41.2% | ||
| Q3 24 | — | 42.1% | ||
| Q2 24 | — | 40.2% | ||
| Q1 24 | — | 35.3% |
营业利润率HSTUI
| Q4 25 | 12.0% | 35.9% | ||
| Q3 25 | 7.6% | 35.7% | ||
| Q2 25 | 17.5% | 34.4% | ||
| Q1 25 | 17.9% | 34.2% | ||
| Q4 24 | 11.0% | 29.8% | ||
| Q3 24 | 10.2% | 30.7% | ||
| Q2 24 | 19.9% | 27.3% | ||
| Q1 24 | 19.8% | 22.6% |
净利率HSTUI
| Q4 25 | 8.4% | 28.7% | ||
| Q3 25 | 12.1% | 28.3% | ||
| Q2 25 | 13.9% | 35.1% | ||
| Q1 25 | 15.6% | 27.2% | ||
| Q4 24 | 7.6% | 22.8% | ||
| Q3 24 | 6.2% | 23.3% | ||
| Q2 24 | 16.3% | 20.5% | ||
| Q1 24 | 18.2% | 15.5% |
每股收益（稀释后）HSTUI
| Q4 25 | $0.20 | $3.86 | ||
| Q3 25 | $0.23 | $3.43 | ||
| Q2 25 | $0.32 | $4.40 | ||
| Q1 25 | $0.35 | $2.98 | ||
| Q4 24 | $0.15 | $2.26 | ||
| Q3 24 | $0.12 | $2.12 | ||
| Q2 24 | $0.34 | $1.72 | ||
| Q1 24 | $0.38 | $1.26 |
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 | $302.8M |
| 总债务越低越好 | $1.3B | $47.5M |
| 股东权益账面价值 | $6.6B | $1.0B |
| 总资产 | $13.0B | $1.6B |
| 负债/权益比越低杠杆越低 | 0.19× | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资HSTUI
| Q4 25 | $768.0M | $302.8M | ||
| Q3 25 | $539.0M | $177.2M | ||
| Q2 25 | $490.0M | $149.7M | ||
| Q1 25 | $428.0M | $151.0M | ||
| Q4 24 | $554.0M | $133.1M | ||
| Q3 24 | $564.0M | $165.2M | ||
| Q2 24 | $805.0M | $126.3M | ||
| Q1 24 | $1.3B | $102.5M |
总债务HSTUI
| Q4 25 | $1.3B | $47.5M | ||
| Q3 25 | — | $133.8M | ||
| Q2 25 | — | $250.0M | ||
| Q1 25 | — | $340.0M | ||
| Q4 24 | $896.0M | $406.3M | ||
| Q3 24 | — | $552.5M | ||
| Q2 24 | — | $708.1M | ||
| Q1 24 | — | $877.5M |
股东权益HSTUI
| Q4 25 | $6.6B | $1.0B | ||
| Q3 25 | $6.7B | $828.4M | ||
| Q2 25 | $6.6B | $668.3M | ||
| Q1 25 | $6.7B | $436.1M | ||
| Q4 24 | $6.6B | $290.4M | ||
| Q3 24 | $6.7B | $188.1M | ||
| Q2 24 | $6.8B | $95.1M | ||
| Q1 24 | $6.7B | $25.9M |
总资产HSTUI
| Q4 25 | $13.0B | $1.6B | ||
| Q3 25 | $13.0B | $1.5B | ||
| Q2 25 | $13.0B | $1.5B | ||
| Q1 25 | $12.9B | $1.3B | ||
| Q4 24 | $13.0B | $1.2B | ||
| Q3 24 | $13.1B | $1.2B | ||
| Q2 24 | $12.4B | $1.2B | ||
| Q1 24 | $12.5B | $1.2B |
负债/权益比HSTUI
| Q4 25 | 0.19× | 0.05× | ||
| Q3 25 | — | 0.16× | ||
| Q2 25 | — | 0.37× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | 0.14× | 1.40× | ||
| Q3 24 | — | 2.94× | ||
| Q2 24 | — | 7.45× | ||
| Q1 24 | — | 33.92× |
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 | $263.9M |
| 自由现金流经营现金流 - 资本支出 | $445.0M | $260.3M |
| 自由现金流率自由现金流/营收 | 27.8% | 31.9% |
| 资本支出强度资本支出/营收 | 6.1% | 0.4% |
| 现金转化率经营现金流/净利润 | 4.02× | 1.13× |
| 过去12个月自由现金流最近4个季度 | $1.2B | $699.5M |
8季度趋势，按日历期对齐
经营现金流HSTUI
| Q4 25 | $543.0M | $263.9M | ||
| Q3 25 | $218.0M | $198.5M | ||
| Q2 25 | $444.0M | $130.4M | ||
| Q1 25 | $305.0M | $123.6M | ||
| Q4 24 | $331.0M | $152.4M | ||
| Q3 24 | $349.0M | $233.7M | ||
| Q2 24 | $453.0M | $231.4M | ||
| Q1 24 | $365.0M | $163.9M |
自由现金流HSTUI
| Q4 25 | $445.0M | $260.3M | ||
| Q3 25 | $143.0M | $193.3M | ||
| Q2 25 | $381.0M | $125.2M | ||
| Q1 25 | $259.0M | $120.7M | ||
| Q4 24 | $235.0M | $150.4M | ||
| Q3 24 | $262.0M | $231.1M | ||
| Q2 24 | $409.0M | $229.5M | ||
| Q1 24 | $332.0M | $160.6M |
自由现金流率HSTUI
| Q4 25 | 27.8% | 31.9% | ||
| Q3 25 | 10.7% | 26.3% | ||
| Q2 25 | 24.0% | 16.5% | ||
| Q1 25 | 16.2% | 18.2% | ||
| Q4 24 | 16.5% | 25.1% | ||
| Q3 24 | 19.9% | 42.0% | ||
| Q2 24 | 27.9% | 45.2% | ||
| Q1 24 | 22.6% | 32.6% |
资本支出强度HSTUI
| Q4 25 | 6.1% | 0.4% | ||
| Q3 25 | 5.6% | 0.7% | ||
| Q2 25 | 4.0% | 0.7% | ||
| Q1 25 | 2.9% | 0.4% | ||
| Q4 24 | 6.7% | 0.3% | ||
| Q3 24 | 6.6% | 0.5% | ||
| Q2 24 | 3.0% | 0.4% | ||
| Q1 24 | 2.2% | 0.7% |
现金转化率HSTUI
| Q4 25 | 4.02× | 1.13× | ||
| Q3 25 | 1.35× | 0.95× | ||
| Q2 25 | 2.01× | 0.49× | ||
| Q1 25 | 1.23× | 0.68× | ||
| Q4 24 | 3.06× | 1.11× | ||
| Q3 24 | 4.26× | 1.83× | ||
| Q2 24 | 1.90× | 2.23× | ||
| Q1 24 | 1.36× | 2.15× |
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
UI
| Enterprise Technology | $729.0M | 89% |
| Service Provider Technology | $85.9M | 11% |
