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IES Holdings, Inc.（IESC）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
IES Holdings, Inc.的季度营收约是Ryman Hospitality Properties, Inc.的1.2倍（$871.0M vs $737.8M），IES Holdings, Inc.净利率更高（10.5% vs 10.1%，领先0.4%），IES Holdings, Inc.同比增速更快（16.2% vs 13.9%），Ryman Hospitality Properties, Inc.自由现金流更多（$58.5M vs $-18.9M），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（18.2% vs 11.1%）
IES Holdings, Inc.前身为Integrated Electrical Services, Inc.，主营业务为集成电气及技术系统的设计与安装，同时面向数据中心、住宅、商业和工业设施等多元终端市场提供基础设施类产品及相关服务。
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。
IESC vs RHP — 直观对比
营收规模更大
IESC
是对方的1.2倍
$737.8M
营收增速更快
IESC
高出2.3%
13.9%
净利率更高
IESC
高出0.4%
10.1%
自由现金流更多
RHP
多$77.4M
$-18.9M
两年增速更快
RHP
近两年复合增速
11.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $871.0M | $737.8M |
| 净利润 | $91.8M | $74.5M |
| 毛利率 | 25.3% | 41.4% |
| 营业利润率 | 11.2% | 19.4% |
| 净利率 | 10.5% | 10.1% |
| 营收同比 | 16.2% | 13.9% |
| 净利润同比 | 59.1% | 3.0% |
| 每股收益（稀释后） | $4.51 | $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
营收IESCRHP
| Q4 25 | $871.0M | $737.8M | ||
| Q3 25 | $897.8M | $592.5M | ||
| Q2 25 | $890.2M | $659.5M | ||
| Q1 25 | $834.0M | $587.3M | ||
| Q4 24 | $749.5M | $647.6M | ||
| Q3 24 | $775.8M | $550.0M | ||
| Q2 24 | $768.4M | $613.3M | ||
| Q1 24 | $705.7M | $528.3M |
净利润IESCRHP
| Q4 25 | $91.8M | $74.5M | ||
| Q3 25 | $102.3M | $34.9M | ||
| Q2 25 | $79.3M | $71.8M | ||
| Q1 25 | $72.6M | $63.0M | ||
| Q4 24 | $57.7M | $72.3M | ||
| Q3 24 | $65.5M | $59.0M | ||
| Q2 24 | $66.6M | $100.8M | ||
| Q1 24 | $56.8M | $42.8M |
毛利率IESCRHP
| Q4 25 | 25.3% | 41.4% | ||
| Q3 25 | 26.0% | 40.9% | ||
| Q2 25 | 26.9% | 49.7% | ||
| Q1 25 | 25.0% | 44.4% | ||
| Q4 24 | 23.8% | 40.4% | ||
| Q3 24 | 24.0% | 43.1% | ||
| Q2 24 | 25.3% | 48.4% | ||
| Q1 24 | 24.3% | 41.5% |
营业利润率IESCRHP
| Q4 25 | 11.2% | 19.4% | ||
| Q3 25 | 11.6% | 15.0% | ||
| Q2 25 | 12.6% | 21.1% | ||
| Q1 25 | 11.1% | 19.8% | ||
| Q4 24 | 10.0% | 18.6% | ||
| Q3 24 | 9.7% | 19.3% | ||
| Q2 24 | 11.7% | 27.4% | ||
| Q1 24 | 11.0% | 18.2% |
净利率IESCRHP
| Q4 25 | 10.5% | 10.1% | ||
| Q3 25 | 11.4% | 5.9% | ||
| Q2 25 | 8.9% | 10.9% | ||
| Q1 25 | 8.7% | 10.7% | ||
| Q4 24 | 7.7% | 11.2% | ||
| Q3 24 | 8.4% | 10.7% | ||
| Q2 24 | 8.7% | 16.4% | ||
| Q1 24 | 8.0% | 8.1% |
每股收益（稀释后）IESCRHP
| Q4 25 | $4.51 | $1.12 | ||
| Q3 25 | $4.99 | $0.53 | ||
| Q2 25 | $3.81 | $1.12 | ||
| Q1 25 | $3.50 | $1.00 | ||
| Q4 24 | $2.72 | $1.12 | ||
| Q3 24 | $3.06 | $0.94 | ||
| Q2 24 | $2.67 | $1.65 | ||
| Q1 24 | $2.29 | $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 | $258.7M | $471.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $961.1M | $750.2M |
| 总资产 | $1.7B | $6.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资IESCRHP
| Q4 25 | $258.7M | $471.4M | ||
| Q3 25 | $231.8M | $483.3M | ||
| Q2 25 | $168.3M | $420.6M | ||
| Q1 25 | $88.3M | $413.9M | ||
| Q4 24 | $112.0M | $477.7M | ||
| Q3 24 | $135.8M | $534.9M | ||
| Q2 24 | $44.9M | $498.4M | ||
| Q1 24 | $106.0M | $465.3M |
股东权益IESCRHP
| Q4 25 | $961.1M | $750.2M | ||
| Q3 25 | $884.0M | $758.5M | ||
| Q2 25 | $781.4M | $800.4M | ||
| Q1 25 | $705.8M | $531.5M | ||
| Q4 24 | $652.4M | $549.0M | ||
| Q3 24 | $611.1M | $551.9M | ||
| Q2 24 | $567.5M | $562.6M | ||
| Q1 24 | $534.8M | $529.9M |
总资产IESCRHP
| Q4 25 | $1.7B | $6.2B | ||
| Q3 25 | $1.6B | $6.2B | ||
| Q2 25 | $1.5B | $6.1B | ||
| Q1 25 | $1.4B | $5.2B | ||
| Q4 24 | $1.3B | $5.2B | ||
| Q3 24 | $1.2B | $5.2B | ||
| Q2 24 | $1.2B | $5.1B | ||
| Q1 24 | $1.1B | $5.1B |
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 | $27.7M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $-18.9M | $58.5M |
| 自由现金流率自由现金流/营收 | -2.2% | 7.9% |
| 资本支出强度资本支出/营收 | 5.3% | 14.4% |
| 现金转化率经营现金流/净利润 | 0.30× | 2.21× |
| 过去12个月自由现金流最近4个季度 | $175.9M | $232.4M |
8季度趋势，按日历期对齐
经营现金流IESCRHP
| Q4 25 | $27.7M | $164.7M | ||
| Q3 25 | $132.0M | $205.2M | ||
| Q2 25 | $92.0M | $122.5M | ||
| Q1 25 | $24.8M | $98.2M | ||
| Q4 24 | $37.3M | $166.6M | ||
| Q3 24 | $92.8M | $218.1M | ||
| Q2 24 | $82.9M | $184.3M | ||
| Q1 24 | $33.7M | $7.5M |
自由现金流IESCRHP
| Q4 25 | $-18.9M | $58.5M | ||
| Q3 25 | $112.0M | $135.4M | ||
| Q2 25 | $74.8M | $53.0M | ||
| Q1 25 | $7.9M | $-14.5M | ||
| Q4 24 | $24.1M | $76.0M | ||
| Q3 24 | $78.5M | $85.7M | ||
| Q2 24 | $65.4M | $78.8M | ||
| Q1 24 | $26.9M | $-72.0M |
自由现金流率IESCRHP
| Q4 25 | -2.2% | 7.9% | ||
| Q3 25 | 12.5% | 22.9% | ||
| Q2 25 | 8.4% | 8.0% | ||
| Q1 25 | 0.9% | -2.5% | ||
| Q4 24 | 3.2% | 11.7% | ||
| Q3 24 | 10.1% | 15.6% | ||
| Q2 24 | 8.5% | 12.9% | ||
| Q1 24 | 3.8% | -13.6% |
资本支出强度IESCRHP
| Q4 25 | 5.3% | 14.4% | ||
| Q3 25 | 2.2% | 11.8% | ||
| Q2 25 | 1.9% | 10.5% | ||
| Q1 25 | 2.0% | 19.2% | ||
| Q4 24 | 1.8% | 14.0% | ||
| Q3 24 | 1.8% | 24.1% | ||
| Q2 24 | 2.3% | 17.2% | ||
| Q1 24 | 1.0% | 15.0% |
现金转化率IESCRHP
| Q4 25 | 0.30× | 2.21× | ||
| Q3 25 | 1.29× | 5.88× | ||
| Q2 25 | 1.16× | 1.71× | ||
| Q1 25 | 0.34× | 1.56× | ||
| Q4 24 | 0.65× | 2.30× | ||
| Q3 24 | 1.42× | 3.70× | ||
| Q2 24 | 1.24× | 1.83× | ||
| Q1 24 | 0.59× | 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
IESC
| Communications | $351.9M | 40% |
| Single Family Electrical Contracts | $137.0M | 16% |
| Custom Engineered Solutions | $116.0M | 13% |
| Commercialand Industrial | $94.8M | 11% |
| Single Family Contracts Plumbing HVAC | $82.9M | 10% |
| Multi Familyand Other | $64.2M | 7% |
| Industrial Services | $24.2M | 3% |
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% |
