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iHeartMedia, Inc.（IHRT）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
iHeartMedia, Inc.的季度营收约是Ryman Hospitality Properties, Inc.的1.5倍（$1.1B vs $737.8M），Ryman Hospitality Properties, Inc.净利率更高（10.1% vs -3.7%，领先13.8%），Ryman Hospitality Properties, Inc.同比增速更快（13.9% vs 0.8%），iHeartMedia, Inc.自由现金流更多（$137.6M vs $58.5M），过去两年iHeartMedia, Inc.的营收复合增速更高（18.8% vs 18.2%）
iHeartMedia是一家总部位于美国德克萨斯州圣安东尼奥的大众传媒企业，前身为清晰频道通信公司，1972年由劳里·梅斯与雷德·麦库姆斯创立，2008年由贝恩资本和托马斯·李合作伙伴公司通过杠杆收购完成私有化，目前是美国知名的传媒控股集团。
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。
IHRT vs RHP — 直观对比
营收规模更大
IHRT
是对方的1.5倍
$737.8M
营收增速更快
RHP
高出13.1%
0.8%
净利率更高
RHP
高出13.8%
-3.7%
自由现金流更多
IHRT
多$79.0M
$58.5M
两年增速更快
IHRT
近两年复合增速
18.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $737.8M |
| 净利润 | $-41.9M | $74.5M |
| 毛利率 | — | 41.4% |
| 营业利润率 | 7.6% | 19.4% |
| 净利率 | -3.7% | 10.1% |
| 营收同比 | 0.8% | 13.9% |
| 净利润同比 | -233.1% | 3.0% |
| 每股收益（稀释后） | $-0.25 | $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IHRTRHP
| Q4 25 | $1.1B | $737.8M | ||
| Q3 25 | $997.0M | $592.5M | ||
| Q2 25 | $933.7M | $659.5M | ||
| Q1 25 | $807.1M | $587.3M | ||
| Q4 24 | $1.1B | $647.6M | ||
| Q3 24 | $1.0B | $550.0M | ||
| Q2 24 | $929.1M | $613.3M | ||
| Q1 24 | $799.0M | $528.3M |
净利润IHRTRHP
| Q4 25 | $-41.9M | $74.5M | ||
| Q3 25 | $-66.3M | $34.9M | ||
| Q2 25 | $-83.5M | $71.8M | ||
| Q1 25 | $-281.2M | $63.0M | ||
| Q4 24 | $31.5M | $72.3M | ||
| Q3 24 | $-41.3M | $59.0M | ||
| Q2 24 | $-981.7M | $100.8M | ||
| Q1 24 | $-18.5M | $42.8M |
毛利率IHRTRHP
| Q4 25 | — | 41.4% | ||
| Q3 25 | — | 40.9% | ||
| Q2 25 | — | 49.7% | ||
| Q1 25 | — | 44.4% | ||
| Q4 24 | — | 40.4% | ||
| Q3 24 | — | 43.1% | ||
| Q2 24 | — | 48.4% | ||
| Q1 24 | — | 41.5% |
营业利润率IHRTRHP
| Q4 25 | 7.6% | 19.4% | ||
| Q3 25 | -11.7% | 15.0% | ||
| Q2 25 | 3.8% | 21.1% | ||
| Q1 25 | -3.2% | 19.8% | ||
| Q4 24 | 9.3% | 18.6% | ||
| Q3 24 | 7.6% | 19.3% | ||
| Q2 24 | -97.9% | 27.4% | ||
| Q1 24 | -4.3% | 18.2% |
净利率IHRTRHP
| Q4 25 | -3.7% | 10.1% | ||
| Q3 25 | -6.6% | 5.9% | ||
| Q2 25 | -8.9% | 10.9% | ||
| Q1 25 | -34.8% | 10.7% | ||
| Q4 24 | 2.8% | 11.2% | ||
| Q3 24 | -4.1% | 10.7% | ||
| Q2 24 | -105.7% | 16.4% | ||
| Q1 24 | -2.3% | 8.1% |
每股收益（稀释后）IHRTRHP
| Q4 25 | $-0.25 | $1.12 | ||
| Q3 25 | $-0.43 | $0.53 | ||
| Q2 25 | $-0.54 | $1.12 | ||
| Q1 25 | $-1.84 | $1.00 | ||
| Q4 24 | $0.21 | $1.12 | ||
| Q3 24 | $-0.27 | $0.94 | ||
| Q2 24 | $-6.50 | $1.65 | ||
| Q1 24 | $-0.12 | $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 | $270.9M | $471.4M |
| 总债务越低越好 | $5.1B | — |
| 股东权益账面价值 | $-1.8B | $750.2M |
| 总资产 | $5.1B | $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IHRTRHP
| Q4 25 | $270.9M | $471.4M | ||
| Q3 25 | $192.2M | $483.3M | ||
| Q2 25 | $235.9M | $420.6M | ||
| Q1 25 | $167.7M | $413.9M | ||
| Q4 24 | $259.6M | $477.7M | ||
| Q3 24 | $431.8M | $534.9M | ||
| Q2 24 | $364.7M | $498.4M | ||
| Q1 24 | $361.4M | $465.3M |
总债务IHRTRHP
| Q4 25 | $5.1B | — | ||
| Q3 25 | $5.1B | — | ||
| Q2 25 | $5.1B | — | ||
| Q1 25 | $5.1B | — | ||
| Q4 24 | $5.1B | — | ||
| Q3 24 | $5.2B | — | ||
| Q2 24 | $5.2B | — | ||
| Q1 24 | $5.1B | — |
股东权益IHRTRHP
| Q4 25 | $-1.8B | $750.2M | ||
| Q3 25 | $-1.8B | $758.5M | ||
| Q2 25 | $-1.7B | $800.4M | ||
| Q1 25 | $-1.6B | $531.5M | ||
| Q4 24 | $-1.4B | $549.0M | ||
| Q3 24 | $-1.4B | $551.9M | ||
| Q2 24 | $-1.4B | $562.6M | ||
| Q1 24 | $-398.6M | $529.9M |
总资产IHRTRHP
| Q4 25 | $5.1B | $6.2B | ||
| Q3 25 | $5.1B | $6.2B | ||
| Q2 25 | $5.4B | $6.1B | ||
| Q1 25 | $5.3B | $5.2B | ||
| Q4 24 | $5.6B | $5.2B | ||
| Q3 24 | $5.8B | $5.2B | ||
| Q2 24 | $5.8B | $5.1B | ||
| Q1 24 | $6.8B | $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 | $156.3M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $137.6M | $58.5M |
| 自由现金流率自由现金流/营收 | 12.2% | 7.9% |
| 资本支出强度资本支出/营收 | 1.7% | 14.4% |
| 现金转化率经营现金流/净利润 | — | 2.21× |
| 过去12个月自由现金流最近4个季度 | $10.9M | $232.4M |
8季度趋势，按日历期对齐
经营现金流IHRTRHP
| Q4 25 | $156.3M | $164.7M | ||
| Q3 25 | $-9.5M | $205.2M | ||
| Q2 25 | $6.8M | $122.5M | ||
| Q1 25 | $-60.9M | $98.2M | ||
| Q4 24 | $1.2M | $166.6M | ||
| Q3 24 | $102.8M | $218.1M | ||
| Q2 24 | $26.7M | $184.3M | ||
| Q1 24 | $-59.3M | $7.5M |
自由现金流IHRTRHP
| Q4 25 | $137.6M | $58.5M | ||
| Q3 25 | $-32.8M | $135.4M | ||
| Q2 25 | $-13.2M | $53.0M | ||
| Q1 25 | $-80.7M | $-14.5M | ||
| Q4 24 | $-24.2M | $76.0M | ||
| Q3 24 | $73.3M | $85.7M | ||
| Q2 24 | $5.6M | $78.8M | ||
| Q1 24 | $-80.9M | $-72.0M |
自由现金流率IHRTRHP
| Q4 25 | 12.2% | 7.9% | ||
| Q3 25 | -3.3% | 22.9% | ||
| Q2 25 | -1.4% | 8.0% | ||
| Q1 25 | -10.0% | -2.5% | ||
| Q4 24 | -2.2% | 11.7% | ||
| Q3 24 | 7.3% | 15.6% | ||
| Q2 24 | 0.6% | 12.9% | ||
| Q1 24 | -10.1% | -13.6% |
资本支出强度IHRTRHP
| Q4 25 | 1.7% | 14.4% | ||
| Q3 25 | 2.3% | 11.8% | ||
| Q2 25 | 2.1% | 10.5% | ||
| Q1 25 | 2.4% | 19.2% | ||
| Q4 24 | 2.3% | 14.0% | ||
| Q3 24 | 2.9% | 24.1% | ||
| Q2 24 | 2.3% | 17.2% | ||
| Q1 24 | 2.7% | 15.0% |
现金转化率IHRTRHP
| Q4 25 | — | 2.21× | ||
| Q3 25 | — | 5.88× | ||
| Q2 25 | — | 1.71× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | 0.04× | 2.30× | ||
| Q3 24 | — | 3.70× | ||
| Q2 24 | — | 1.83× | ||
| Q1 24 | — | 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
IHRT
| Broadcast Radio | $469.9M | 42% |
| Digital Non Podcast | $212.9M | 19% |
| Tradeand Barter Transactions | $124.4M | 11% |
| Networks | $118.2M | 10% |
| Audio And Media Services Group Segment | $78.9M | 7% |
| Sponsorship And Events | $71.4M | 6% |
| Advertising Trade And Barter Transactions | $23.7M | 2% |
| Other | $22.7M | 2% |
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% |
