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光辉国际（KFY）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
Ryman Hospitality Properties, Inc.的季度营收约是光辉国际的1.0倍（$737.8M vs $729.8M），Ryman Hospitality Properties, Inc.净利率更高（10.1% vs 9.9%，领先0.2%），Ryman Hospitality Properties, Inc.同比增速更快（13.9% vs 7.0%），光辉国际自由现金流更多（$100.7M vs $58.5M），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（18.2% vs 3.8%）
光辉国际是一家总部位于美国加利福尼亚州洛杉矶的管理咨询企业，成立于1969年。截至2019年，公司在全球53个国家设有111个办事处，员工总数达8198名，旗下设有咨询、数字化、高管寻访、招聘流程外包及专业人才寻访四大业务板块，为全球客户提供全方位的人力资源及管理解决方案。
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。
KFY vs RHP — 直观对比
营收规模更大
RHP
是对方的1.0倍
$729.8M
营收增速更快
RHP
高出6.9%
7.0%
净利率更高
RHP
高出0.2%
9.9%
自由现金流更多
KFY
多$42.1M
$58.5M
两年增速更快
RHP
近两年复合增速
3.8%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $729.8M | $737.8M |
| 净利润 | $72.4M | $74.5M |
| 毛利率 | — | 41.4% |
| 营业利润率 | 13.5% | 19.4% |
| 净利率 | 9.9% | 10.1% |
| 营收同比 | 7.0% | 13.9% |
| 净利润同比 | 19.1% | 3.0% |
| 每股收益（稀释后） | $1.36 | $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KFYRHP
| Q4 25 | $729.8M | $737.8M | ||
| Q3 25 | $715.5M | $592.5M | ||
| Q2 25 | $719.8M | $659.5M | ||
| Q1 25 | $676.5M | $587.3M | ||
| Q4 24 | $682.0M | $647.6M | ||
| Q3 24 | $682.8M | $550.0M | ||
| Q2 24 | $699.9M | $613.3M | ||
| Q1 24 | $676.9M | $528.3M |
净利润KFYRHP
| Q4 25 | $72.4M | $74.5M | ||
| Q3 25 | $66.6M | $34.9M | ||
| Q2 25 | $64.2M | $71.8M | ||
| Q1 25 | $58.4M | $63.0M | ||
| Q4 24 | $60.8M | $72.3M | ||
| Q3 24 | $62.6M | $59.0M | ||
| Q2 24 | $65.2M | $100.8M | ||
| Q1 24 | $59.1M | $42.8M |
毛利率KFYRHP
| 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KFYRHP
| Q4 25 | 13.5% | 19.4% | ||
| Q3 25 | 11.7% | 15.0% | ||
| Q2 25 | 14.5% | 21.1% | ||
| Q1 25 | 11.6% | 19.8% | ||
| Q4 24 | 12.8% | 18.6% | ||
| Q3 24 | 11.1% | 19.3% | ||
| Q2 24 | 11.9% | 27.4% | ||
| Q1 24 | 7.4% | 18.2% |
净利率KFYRHP
| Q4 25 | 9.9% | 10.1% | ||
| Q3 25 | 9.3% | 5.9% | ||
| Q2 25 | 8.9% | 10.9% | ||
| Q1 25 | 8.6% | 10.7% | ||
| Q4 24 | 8.9% | 11.2% | ||
| Q3 24 | 9.2% | 10.7% | ||
| Q2 24 | 9.3% | 16.4% | ||
| Q1 24 | 8.7% | 8.1% |
每股收益（稀释后）KFYRHP
| Q4 25 | $1.36 | $1.12 | ||
| Q3 25 | $1.26 | $0.53 | ||
| Q2 25 | $1.19 | $1.12 | ||
| Q1 25 | $1.10 | $1.00 | ||
| Q4 24 | $1.14 | $1.12 | ||
| Q3 24 | $1.17 | $0.94 | ||
| Q2 24 | $1.25 | $1.65 | ||
| Q1 24 | $1.13 | $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 | $801.1M | $471.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.9B | $750.2M |
| 总资产 | $3.7B | $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KFYRHP
| Q4 25 | $801.1M | $471.4M | ||
| Q3 25 | $721.1M | $483.3M | ||
| Q2 25 | $1.0B | $420.6M | ||
| Q1 25 | $820.0M | $413.9M | ||
| Q4 24 | $735.5M | $477.7M | ||
| Q3 24 | $674.0M | $534.9M | ||
| Q2 24 | $983.7M | $498.4M | ||
| Q1 24 | $782.5M | $465.3M |
股东权益KFYRHP
| Q4 25 | $1.9B | $750.2M | ||
| Q3 25 | $1.9B | $758.5M | ||
| Q2 25 | $1.9B | $800.4M | ||
| Q1 25 | $1.8B | $531.5M | ||
| Q4 24 | $1.8B | $549.0M | ||
| Q3 24 | $1.8B | $551.9M | ||
| Q2 24 | $1.7B | $562.6M | ||
| Q1 24 | $1.7B | $529.9M |
总资产KFYRHP
| Q4 25 | $3.7B | $6.2B | ||
| Q3 25 | $3.6B | $6.2B | ||
| Q2 25 | $3.9B | $6.1B | ||
| Q1 25 | $3.6B | $5.2B | ||
| Q4 24 | $3.5B | $5.2B | ||
| Q3 24 | $3.4B | $5.2B | ||
| Q2 24 | $3.7B | $5.1B | ||
| Q1 24 | $3.6B | $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 | $121.4M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $100.7M | $58.5M |
| 自由现金流率自由现金流/营收 | 13.8% | 7.9% |
| 资本支出强度资本支出/营收 | 2.8% | 14.4% |
| 现金转化率经营现金流/净利润 | 1.68× | 2.21× |
| 过去12个月自由现金流最近4个季度 | $272.6M | $232.4M |
8季度趋势，按日历期对齐
经营现金流KFYRHP
| Q4 25 | $121.4M | $164.7M | ||
| Q3 25 | $-237.4M | $205.2M | ||
| Q2 25 | $255.8M | $122.5M | ||
| Q1 25 | $213.7M | $98.2M | ||
| Q4 24 | $122.0M | $166.6M | ||
| Q3 24 | $-227.2M | $218.1M | ||
| Q2 24 | $261.9M | $184.3M | ||
| Q1 24 | $164.0M | $7.5M |
自由现金流KFYRHP
| Q4 25 | $100.7M | $58.5M | ||
| Q3 25 | $-260.0M | $135.4M | ||
| Q2 25 | $235.5M | $53.0M | ||
| Q1 25 | $196.4M | $-14.5M | ||
| Q4 24 | $107.7M | $76.0M | ||
| Q3 24 | $-237.7M | $85.7M | ||
| Q2 24 | $250.0M | $78.8M | ||
| Q1 24 | $152.3M | $-72.0M |
自由现金流率KFYRHP
| Q4 25 | 13.8% | 7.9% | ||
| Q3 25 | -36.3% | 22.9% | ||
| Q2 25 | 32.7% | 8.0% | ||
| Q1 25 | 29.0% | -2.5% | ||
| Q4 24 | 15.8% | 11.7% | ||
| Q3 24 | -34.8% | 15.6% | ||
| Q2 24 | 35.7% | 12.9% | ||
| Q1 24 | 22.5% | -13.6% |
资本支出强度KFYRHP
| Q4 25 | 2.8% | 14.4% | ||
| Q3 25 | 3.2% | 11.8% | ||
| Q2 25 | 2.8% | 10.5% | ||
| Q1 25 | 2.6% | 19.2% | ||
| Q4 24 | 2.1% | 14.0% | ||
| Q3 24 | 1.5% | 24.1% | ||
| Q2 24 | 1.7% | 17.2% | ||
| Q1 24 | 1.7% | 15.0% |
现金转化率KFYRHP
| Q4 25 | 1.68× | 2.21× | ||
| Q3 25 | -3.56× | 5.88× | ||
| Q2 25 | 3.98× | 1.71× | ||
| Q1 25 | 3.66× | 1.56× | ||
| Q4 24 | 2.01× | 2.30× | ||
| Q3 24 | -3.63× | 3.70× | ||
| Q2 24 | 4.02× | 1.83× | ||
| Q1 24 | 2.78× | 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
KFY
| Industrial | $234.0M | 32% |
| Technology Service | $104.5M | 14% |
| RPO | $92.3M | 13% |
| Digital | $91.2M | 13% |
| Consumer Goods | $85.0M | 12% |
| Executive Search EMEA | $52.2M | 7% |
| Education Non Profit And General | $43.2M | 6% |
| Executive Search Asia Pacific | $24.3M | 3% |
| Reimbursed Out Of Pocket Engagement Expenses | $8.1M | 1% |
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% |
