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LGI Homes, Inc.（LGIH）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LGI Homes, Inc.的1.6倍（$737.8M vs $474.0M），Ryman Hospitality Properties, Inc.净利率更高（10.1% vs 3.7%，领先6.4%），Ryman Hospitality Properties, Inc.同比增速更快（13.9% vs -15.0%），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（18.2% vs 10.1%）
LGI Homes是一家总部位于美国得克萨斯州的新建住宅开发商，业务聚焦美国西南部地区。据《建筑商》杂志统计，该公司目前是美国第十大住宅建筑商，2019年共交付房屋7690套，较2018年增长18.1%，全年房屋销售营收达18亿美元，行业规模位居美国前列。
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。
LGIH vs RHP — 直观对比
营收规模更大
RHP
是对方的1.6倍
$474.0M
营收增速更快
RHP
高出28.9%
-15.0%
净利率更高
RHP
高出6.4%
3.7%
两年增速更快
RHP
近两年复合增速
10.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $474.0M | $737.8M |
| 净利润 | $17.3M | $74.5M |
| 毛利率 | 17.7% | 41.4% |
| 营业利润率 | 3.9% | 19.4% |
| 净利率 | 3.7% | 10.1% |
| 营收同比 | -15.0% | 13.9% |
| 净利润同比 | -66.0% | 3.0% |
| 每股收益（稀释后） | $0.74 | $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LGIHRHP
| Q4 25 | $474.0M | $737.8M | ||
| Q3 25 | $396.6M | $592.5M | ||
| Q2 25 | $483.5M | $659.5M | ||
| Q1 25 | $351.4M | $587.3M | ||
| Q4 24 | $557.4M | $647.6M | ||
| Q3 24 | $651.9M | $550.0M | ||
| Q2 24 | $602.5M | $613.3M | ||
| Q1 24 | $390.9M | $528.3M |
净利润LGIHRHP
| Q4 25 | $17.3M | $74.5M | ||
| Q3 25 | $19.7M | $34.9M | ||
| Q2 25 | $31.5M | $71.8M | ||
| Q1 25 | $4.0M | $63.0M | ||
| Q4 24 | $50.9M | $72.3M | ||
| Q3 24 | $69.6M | $59.0M | ||
| Q2 24 | $58.6M | $100.8M | ||
| Q1 24 | $17.1M | $42.8M |
毛利率LGIHRHP
| Q4 25 | 17.7% | 41.4% | ||
| Q3 25 | 21.5% | 40.9% | ||
| Q2 25 | 22.9% | 49.7% | ||
| Q1 25 | 21.0% | 44.4% | ||
| Q4 24 | 22.9% | 40.4% | ||
| Q3 24 | 25.1% | 43.1% | ||
| Q2 24 | 25.0% | 48.4% | ||
| Q1 24 | 23.4% | 41.5% |
营业利润率LGIHRHP
| Q4 25 | 3.9% | 19.4% | ||
| Q3 25 | 5.4% | 15.0% | ||
| Q2 25 | 8.2% | 21.1% | ||
| Q1 25 | 0.0% | 19.8% | ||
| Q4 24 | 8.2% | 18.6% | ||
| Q3 24 | 12.3% | 19.3% | ||
| Q2 24 | 11.2% | 27.4% | ||
| Q1 24 | 4.8% | 18.2% |
净利率LGIHRHP
| Q4 25 | 3.7% | 10.1% | ||
| Q3 25 | 5.0% | 5.9% | ||
| Q2 25 | 6.5% | 10.9% | ||
| Q1 25 | 1.1% | 10.7% | ||
| Q4 24 | 9.1% | 11.2% | ||
| Q3 24 | 10.7% | 10.7% | ||
| Q2 24 | 9.7% | 16.4% | ||
| Q1 24 | 4.4% | 8.1% |
每股收益（稀释后）LGIHRHP
| Q4 25 | $0.74 | $1.12 | ||
| Q3 25 | $0.85 | $0.53 | ||
| Q2 25 | $1.36 | $1.12 | ||
| Q1 25 | $0.17 | $1.00 | ||
| Q4 24 | $2.15 | $1.12 | ||
| Q3 24 | $2.95 | $0.94 | ||
| Q2 24 | $2.48 | $1.65 | ||
| Q1 24 | $0.72 | $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 | — | $471.4M |
| 总债务越低越好 | $1.7B | — |
| 股东权益账面价值 | $2.1B | $750.2M |
| 总资产 | $3.9B | $6.2B |
| 负债/权益比越低杠杆越低 | 0.79× | — |
8季度趋势，按日历期对齐
现金及短期投资LGIHRHP
| Q4 25 | — | $471.4M | ||
| Q3 25 | — | $483.3M | ||
| Q2 25 | — | $420.6M | ||
| Q1 25 | — | $413.9M | ||
| Q4 24 | $53.2M | $477.7M | ||
| Q3 24 | — | $534.9M | ||
| Q2 24 | — | $498.4M | ||
| Q1 24 | — | $465.3M |
总债务LGIHRHP
| Q4 25 | $1.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益LGIHRHP
| Q4 25 | $2.1B | $750.2M | ||
| Q3 25 | $2.1B | $758.5M | ||
| Q2 25 | $2.1B | $800.4M | ||
| Q1 25 | $2.0B | $531.5M | ||
| Q4 24 | $2.0B | $549.0M | ||
| Q3 24 | $2.0B | $551.9M | ||
| Q2 24 | $1.9B | $562.6M | ||
| Q1 24 | $1.9B | $529.9M |
总资产LGIHRHP
| Q4 25 | $3.9B | $6.2B | ||
| Q3 25 | $4.0B | $6.2B | ||
| Q2 25 | $4.0B | $6.1B | ||
| Q1 25 | $3.9B | $5.2B | ||
| Q4 24 | $3.8B | $5.2B | ||
| Q3 24 | $3.8B | $5.2B | ||
| Q2 24 | $3.7B | $5.1B | ||
| Q1 24 | $3.5B | $5.1B |
负债/权益比LGIHRHP
| Q4 25 | 0.79× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.73× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $86.8M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | — | $58.5M |
| 自由现金流率自由现金流/营收 | — | 7.9% |
| 资本支出强度资本支出/营收 | 0.0% | 14.4% |
| 现金转化率经营现金流/净利润 | 5.01× | 2.21× |
| 过去12个月自由现金流最近4个季度 | — | $232.4M |
8季度趋势，按日历期对齐
经营现金流LGIHRHP
| Q4 25 | $86.8M | $164.7M | ||
| Q3 25 | $-13.2M | $205.2M | ||
| Q2 25 | $-86.4M | $122.5M | ||
| Q1 25 | $-127.1M | $98.2M | ||
| Q4 24 | $57.0M | $166.6M | ||
| Q3 24 | $-17.8M | $218.1M | ||
| Q2 24 | $-83.5M | $184.3M | ||
| Q1 24 | $-99.5M | $7.5M |
自由现金流LGIHRHP
| Q4 25 | — | $58.5M | ||
| Q3 25 | $-13.3M | $135.4M | ||
| Q2 25 | $-86.4M | $53.0M | ||
| Q1 25 | $-128.0M | $-14.5M | ||
| Q4 24 | $56.4M | $76.0M | ||
| Q3 24 | $-17.8M | $85.7M | ||
| Q2 24 | $-83.8M | $78.8M | ||
| Q1 24 | $-100.5M | $-72.0M |
自由现金流率LGIHRHP
| Q4 25 | — | 7.9% | ||
| Q3 25 | -3.3% | 22.9% | ||
| Q2 25 | -17.9% | 8.0% | ||
| Q1 25 | -36.4% | -2.5% | ||
| Q4 24 | 10.1% | 11.7% | ||
| Q3 24 | -2.7% | 15.6% | ||
| Q2 24 | -13.9% | 12.9% | ||
| Q1 24 | -25.7% | -13.6% |
资本支出强度LGIHRHP
| Q4 25 | 0.0% | 14.4% | ||
| Q3 25 | 0.0% | 11.8% | ||
| Q2 25 | 0.0% | 10.5% | ||
| Q1 25 | 0.2% | 19.2% | ||
| Q4 24 | 0.1% | 14.0% | ||
| Q3 24 | 0.0% | 24.1% | ||
| Q2 24 | 0.0% | 17.2% | ||
| Q1 24 | 0.3% | 15.0% |
现金转化率LGIHRHP
| Q4 25 | 5.01× | 2.21× | ||
| Q3 25 | -0.67× | 5.88× | ||
| Q2 25 | -2.74× | 1.71× | ||
| Q1 25 | -31.83× | 1.56× | ||
| Q4 24 | 1.12× | 2.30× | ||
| Q3 24 | -0.26× | 3.70× | ||
| Q2 24 | -1.43× | 1.83× | ||
| Q1 24 | -5.83× | 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
LGIH
| West Reportable Segment | $128.2M | 27% |
| Southeast Reportable Segment | $118.9M | 25% |
| Central Reportable Segment | $105.8M | 22% |
| Florida Reportable Segment | $69.2M | 15% |
| Northwest Reportable Segment | $51.8M | 11% |
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% |
