vs
肯纳金属（KMT）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.的季度营收约是肯纳金属的1.4倍（$737.8M vs $529.5M），Ryman Hospitality Properties, Inc.净利率更高（10.1% vs 6.4%，领先3.7%），Ryman Hospitality Properties, Inc.同比增速更快（13.9% vs 9.8%），Ryman Hospitality Properties, Inc.自由现金流更多（$58.5M vs $42.4M），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（18.2% vs 1.3%）
肯纳金属是高性能切削工具及工程部件制造商，产品广泛应用于航空航天、国防、交通运输、油气钻探等领域，业务覆盖全球市场，为各行业客户提供适配高要求作业场景的专业解决方案。
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。
KMT vs RHP — 直观对比
营收规模更大
RHP
是对方的1.4倍
$529.5M
营收增速更快
RHP
高出4.1%
9.8%
净利率更高
RHP
高出3.7%
6.4%
自由现金流更多
RHP
多$16.1M
$42.4M
两年增速更快
RHP
近两年复合增速
1.3%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $529.5M | $737.8M |
| 净利润 | $33.9M | $74.5M |
| 毛利率 | 32.8% | 41.4% |
| 营业利润率 | 9.9% | 19.4% |
| 净利率 | 6.4% | 10.1% |
| 营收同比 | 9.8% | 13.9% |
| 净利润同比 | 89.0% | 3.0% |
| 每股收益（稀释后） | $0.44 | $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KMTRHP
| Q4 25 | $529.5M | $737.8M | ||
| Q3 25 | $498.0M | $592.5M | ||
| Q2 25 | $516.4M | $659.5M | ||
| Q1 25 | $486.4M | $587.3M | ||
| Q4 24 | $482.1M | $647.6M | ||
| Q3 24 | $481.9M | $550.0M | ||
| Q2 24 | $543.3M | $613.3M | ||
| Q1 24 | $515.8M | $528.3M |
净利润KMTRHP
| Q4 25 | $33.9M | $74.5M | ||
| Q3 25 | $23.3M | $34.9M | ||
| Q2 25 | $21.6M | $71.8M | ||
| Q1 25 | $31.5M | $63.0M | ||
| Q4 24 | $17.9M | $72.3M | ||
| Q3 24 | $22.1M | $59.0M | ||
| Q2 24 | $37.2M | $100.8M | ||
| Q1 24 | $19.0M | $42.8M |
毛利率KMTRHP
| Q4 25 | 32.8% | 41.4% | ||
| Q3 25 | 31.0% | 40.9% | ||
| Q2 25 | 28.2% | 49.7% | ||
| Q1 25 | 32.1% | 44.4% | ||
| Q4 24 | 30.1% | 40.4% | ||
| Q3 24 | 31.3% | 43.1% | ||
| Q2 24 | 31.5% | 48.4% | ||
| Q1 24 | 29.7% | 41.5% |
营业利润率KMTRHP
| Q4 25 | 9.9% | 19.4% | ||
| Q3 25 | 7.5% | 15.0% | ||
| Q2 25 | 6.1% | 21.1% | ||
| Q1 25 | 9.1% | 19.8% | ||
| Q4 24 | 6.6% | 18.6% | ||
| Q3 24 | 7.5% | 19.3% | ||
| Q2 24 | 11.3% | 27.4% | ||
| Q1 24 | 6.8% | 18.2% |
净利率KMTRHP
| Q4 25 | 6.4% | 10.1% | ||
| Q3 25 | 4.7% | 5.9% | ||
| Q2 25 | 4.2% | 10.9% | ||
| Q1 25 | 6.5% | 10.7% | ||
| Q4 24 | 3.7% | 11.2% | ||
| Q3 24 | 4.6% | 10.7% | ||
| Q2 24 | 6.8% | 16.4% | ||
| Q1 24 | 3.7% | 8.1% |
每股收益（稀释后）KMTRHP
| Q4 25 | $0.44 | $1.12 | ||
| Q3 25 | $0.30 | $0.53 | ||
| Q2 25 | $0.28 | $1.12 | ||
| Q1 25 | $0.41 | $1.00 | ||
| Q4 24 | $0.23 | $1.12 | ||
| Q3 24 | $0.28 | $0.94 | ||
| Q2 24 | $0.47 | $1.65 | ||
| Q1 24 | $0.24 | $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 | $129.3M | $471.4M |
| 总债务越低越好 | $597.2M | — |
| 股东权益账面价值 | $1.3B | $750.2M |
| 总资产 | $2.6B | $6.2B |
| 负债/权益比越低杠杆越低 | 0.45× | — |
8季度趋势，按日历期对齐
现金及短期投资KMTRHP
| Q4 25 | $129.3M | $471.4M | ||
| Q3 25 | $103.5M | $483.3M | ||
| Q2 25 | $140.5M | $420.6M | ||
| Q1 25 | $97.5M | $413.9M | ||
| Q4 24 | $121.2M | $477.7M | ||
| Q3 24 | $119.6M | $534.9M | ||
| Q2 24 | $128.0M | $498.4M | ||
| Q1 24 | $92.1M | $465.3M |
总债务KMTRHP
| Q4 25 | $597.2M | — | ||
| Q3 25 | $597.0M | — | ||
| Q2 25 | $596.8M | — | ||
| Q1 25 | $596.6M | — | ||
| Q4 24 | $596.4M | — | ||
| Q3 24 | $596.2M | — | ||
| Q2 24 | $596.0M | — | ||
| Q1 24 | $595.8M | — |
股东权益KMTRHP
| Q4 25 | $1.3B | $750.2M | ||
| Q3 25 | $1.3B | $758.5M | ||
| Q2 25 | $1.3B | $800.4M | ||
| Q1 25 | $1.2B | $531.5M | ||
| Q4 24 | $1.2B | $549.0M | ||
| Q3 24 | $1.3B | $551.9M | ||
| Q2 24 | $1.2B | $562.6M | ||
| Q1 24 | $1.3B | $529.9M |
总资产KMTRHP
| Q4 25 | $2.6B | $6.2B | ||
| Q3 25 | $2.5B | $6.2B | ||
| Q2 25 | $2.5B | $6.1B | ||
| Q1 25 | $2.5B | $5.2B | ||
| Q4 24 | $2.4B | $5.2B | ||
| Q3 24 | $2.5B | $5.2B | ||
| Q2 24 | $2.5B | $5.1B | ||
| Q1 24 | $2.5B | $5.1B |
负债/权益比KMTRHP
| Q4 25 | 0.45× | — | ||
| Q3 25 | 0.46× | — | ||
| Q2 25 | 0.46× | — | ||
| Q1 25 | 0.48× | — | ||
| Q4 24 | 0.49× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.48× | — | ||
| Q1 24 | 0.47× | — |
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 | $55.1M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $42.4M | $58.5M |
| 自由现金流率自由现金流/营收 | 8.0% | 7.9% |
| 资本支出强度资本支出/营收 | 2.4% | 14.4% |
| 现金转化率经营现金流/净利润 | 1.63× | 2.21× |
| 过去12个月自由现金流最近4个季度 | $99.3M | $232.4M |
8季度趋势，按日历期对齐
经营现金流KMTRHP
| Q4 25 | $55.1M | $164.7M | ||
| Q3 25 | $17.5M | $205.2M | ||
| Q2 25 | $78.6M | $122.5M | ||
| Q1 25 | $28.8M | $98.2M | ||
| Q4 24 | $55.2M | $166.6M | ||
| Q3 24 | $45.7M | $218.1M | ||
| Q2 24 | $113.6M | $184.3M | ||
| Q1 24 | $75.2M | $7.5M |
自由现金流KMTRHP
| Q4 25 | $42.4M | $58.5M | ||
| Q3 25 | $-5.5M | $135.4M | ||
| Q2 25 | $57.1M | $53.0M | ||
| Q1 25 | $5.3M | $-14.5M | ||
| Q4 24 | $35.9M | $76.0M | ||
| Q3 24 | $21.0M | $85.7M | ||
| Q2 24 | $90.3M | $78.8M | ||
| Q1 24 | $48.4M | $-72.0M |
自由现金流率KMTRHP
| Q4 25 | 8.0% | 7.9% | ||
| Q3 25 | -1.1% | 22.9% | ||
| Q2 25 | 11.1% | 8.0% | ||
| Q1 25 | 1.1% | -2.5% | ||
| Q4 24 | 7.5% | 11.7% | ||
| Q3 24 | 4.4% | 15.6% | ||
| Q2 24 | 16.6% | 12.9% | ||
| Q1 24 | 9.4% | -13.6% |
资本支出强度KMTRHP
| Q4 25 | 2.4% | 14.4% | ||
| Q3 25 | 4.6% | 11.8% | ||
| Q2 25 | 4.2% | 10.5% | ||
| Q1 25 | 4.8% | 19.2% | ||
| Q4 24 | 4.0% | 14.0% | ||
| Q3 24 | 5.1% | 24.1% | ||
| Q2 24 | 4.3% | 17.2% | ||
| Q1 24 | 5.2% | 15.0% |
现金转化率KMTRHP
| Q4 25 | 1.63× | 2.21× | ||
| Q3 25 | 0.75× | 5.88× | ||
| Q2 25 | 3.64× | 1.71× | ||
| Q1 25 | 0.92× | 1.56× | ||
| Q4 24 | 3.08× | 2.30× | ||
| Q3 24 | 2.07× | 3.70× | ||
| Q2 24 | 3.06× | 1.83× | ||
| Q1 24 | 3.96× | 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
KMT
| Metal Cutting | $331.1M | 63% |
| Infrastructure | $198.5M | 37% |
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% |
