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Liberty Latin America Ltd.（LILA）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
Liberty Latin America Ltd.的季度营收约是Ryman Hospitality Properties, Inc.的1.6倍（$1.2B vs $737.8M），Ryman Hospitality Properties, Inc.净利率更高（10.1% vs -4.7%，领先14.8%），Ryman Hospitality Properties, Inc.同比增速更快（13.9% vs 1.7%），Liberty Latin America Ltd.自由现金流更多（$320.1M vs $58.5M），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（18.2% vs 2.7%）
自由拉丁美洲有限公司是一家跨国电信运营商，由自由媒体国际业务板块与UnitedGlobalCom（UGC）于2005年合并而成，注册地位于百慕大，在伦敦、阿姆斯特丹和丹佛设有总部，旗下包含英国、荷兰等多地运营主体，相关业务覆盖电信服务领域。
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。
LILA vs RHP — 直观对比
营收规模更大
LILA
是对方的1.6倍
$737.8M
营收增速更快
RHP
高出12.2%
1.7%
净利率更高
RHP
高出14.8%
-4.7%
自由现金流更多
LILA
多$261.6M
$58.5M
两年增速更快
RHP
近两年复合增速
2.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $737.8M |
| 净利润 | $-54.8M | $74.5M |
| 毛利率 | 77.3% | 41.4% |
| 营业利润率 | 10.8% | 19.4% |
| 净利率 | -4.7% | 10.1% |
| 营收同比 | 1.7% | 13.9% |
| 净利润同比 | 74.0% | 3.0% |
| 每股收益（稀释后） | $-0.27 | $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LILARHP
| Q4 25 | $1.2B | $737.8M | ||
| Q3 25 | $1.1B | $592.5M | ||
| Q2 25 | $1.1B | $659.5M | ||
| Q1 25 | $1.1B | $587.3M | ||
| Q4 24 | $1.1B | $647.6M | ||
| Q3 24 | $1.1B | $550.0M | ||
| Q2 24 | $1.1B | $613.3M | ||
| Q1 24 | $1.1B | $528.3M |
净利润LILARHP
| Q4 25 | $-54.8M | $74.5M | ||
| Q3 25 | $3.3M | $34.9M | ||
| Q2 25 | $-423.3M | $71.8M | ||
| Q1 25 | $-136.4M | $63.0M | ||
| Q4 24 | $-210.4M | $72.3M | ||
| Q3 24 | $-435.8M | $59.0M | ||
| Q2 24 | $-42.7M | $100.8M | ||
| Q1 24 | $-500.0K | $42.8M |
毛利率LILARHP
| Q4 25 | 77.3% | 41.4% | ||
| Q3 25 | 77.7% | 40.9% | ||
| Q2 25 | 78.6% | 49.7% | ||
| Q1 25 | 78.5% | 44.4% | ||
| Q4 24 | 76.1% | 40.4% | ||
| Q3 24 | 78.7% | 43.1% | ||
| Q2 24 | 78.1% | 48.4% | ||
| Q1 24 | 78.2% | 41.5% |
营业利润率LILARHP
| Q4 25 | 10.8% | 19.4% | ||
| Q3 25 | 16.9% | 15.0% | ||
| Q2 25 | -30.6% | 21.1% | ||
| Q1 25 | 11.8% | 19.8% | ||
| Q4 24 | 8.7% | 18.6% | ||
| Q3 24 | -34.9% | 19.3% | ||
| Q2 24 | 9.9% | 27.4% | ||
| Q1 24 | 8.4% | 18.2% |
净利率LILARHP
| Q4 25 | -4.7% | 10.1% | ||
| Q3 25 | 0.3% | 5.9% | ||
| Q2 25 | -39.0% | 10.9% | ||
| Q1 25 | -12.6% | 10.7% | ||
| Q4 24 | -18.5% | 11.2% | ||
| Q3 24 | -40.0% | 10.7% | ||
| Q2 24 | -3.8% | 16.4% | ||
| Q1 24 | -0.0% | 8.1% |
每股收益（稀释后）LILARHP
| Q4 25 | $-0.27 | $1.12 | ||
| Q3 25 | $0.02 | $0.53 | ||
| Q2 25 | $-2.12 | $1.12 | ||
| Q1 25 | $-0.69 | $1.00 | ||
| Q4 24 | $-1.03 | $1.12 | ||
| Q3 24 | $-2.22 | $0.94 | ||
| Q2 24 | $-0.22 | $1.65 | ||
| Q1 24 | $0.00 | $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 | $783.9M | $471.4M |
| 总债务越低越好 | $7.9B | — |
| 股东权益账面价值 | $555.6M | $750.2M |
| 总资产 | $12.2B | $6.2B |
| 负债/权益比越低杠杆越低 | 14.17× | — |
8季度趋势，按日历期对齐
现金及短期投资LILARHP
| Q4 25 | $783.9M | $471.4M | ||
| Q3 25 | $596.7M | $483.3M | ||
| Q2 25 | $514.4M | $420.6M | ||
| Q1 25 | $575.5M | $413.9M | ||
| Q4 24 | $654.3M | $477.7M | ||
| Q3 24 | $588.6M | $534.9M | ||
| Q2 24 | $598.6M | $498.4M | ||
| Q1 24 | $668.5M | $465.3M |
总债务LILARHP
| Q4 25 | $7.9B | — | ||
| Q3 25 | $7.8B | — | ||
| Q2 25 | $7.6B | — | ||
| Q1 25 | $7.6B | — | ||
| Q4 24 | $7.6B | — | ||
| Q3 24 | $7.6B | — | ||
| Q2 24 | $7.6B | — | ||
| Q1 24 | $7.6B | — |
股东权益LILARHP
| Q4 25 | $555.6M | $750.2M | ||
| Q3 25 | $628.9M | $758.5M | ||
| Q2 25 | $608.4M | $800.4M | ||
| Q1 25 | $1.0B | $531.5M | ||
| Q4 24 | $1.1B | $549.0M | ||
| Q3 24 | $1.2B | $551.9M | ||
| Q2 24 | $1.7B | $562.6M | ||
| Q1 24 | $1.7B | $529.9M |
总资产LILARHP
| Q4 25 | $12.2B | $6.2B | ||
| Q3 25 | $12.0B | $6.2B | ||
| Q2 25 | $12.0B | $6.1B | ||
| Q1 25 | $12.6B | $5.2B | ||
| Q4 24 | $12.8B | $5.2B | ||
| Q3 24 | $12.7B | $5.2B | ||
| Q2 24 | $13.2B | $5.1B | ||
| Q1 24 | $13.3B | $5.1B |
负债/权益比LILARHP
| Q4 25 | 14.17× | — | ||
| Q3 25 | 12.45× | — | ||
| Q2 25 | 12.50× | — | ||
| Q1 25 | 7.47× | — | ||
| Q4 24 | 6.99× | — | ||
| Q3 24 | 6.20× | — | ||
| Q2 24 | 4.59× | — | ||
| Q1 24 | 4.38× | — |
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 | $461.9M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $320.1M | $58.5M |
| 自由现金流率自由现金流/营收 | 27.6% | 7.9% |
| 资本支出强度资本支出/营收 | 12.2% | 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 | $305.9M | $232.4M |
8季度趋势，按日历期对齐
经营现金流LILARHP
| Q4 25 | $461.9M | $164.7M | ||
| Q3 25 | $178.2M | $205.2M | ||
| Q2 25 | $141.2M | $122.5M | ||
| Q1 25 | $24.6M | $98.2M | ||
| Q4 24 | $398.6M | $166.6M | ||
| Q3 24 | $177.5M | $218.1M | ||
| Q2 24 | $156.9M | $184.3M | ||
| Q1 24 | $23.3M | $7.5M |
自由现金流LILARHP
| Q4 25 | $320.1M | $58.5M | ||
| Q3 25 | $56.0M | $135.4M | ||
| Q2 25 | $1.9M | $53.0M | ||
| Q1 25 | $-72.1M | $-14.5M | ||
| Q4 24 | $234.9M | $76.0M | ||
| Q3 24 | $51.0M | $85.7M | ||
| Q2 24 | $16.4M | $78.8M | ||
| Q1 24 | $-86.4M | $-72.0M |
自由现金流率LILARHP
| Q4 25 | 27.6% | 7.9% | ||
| Q3 25 | 5.0% | 22.9% | ||
| Q2 25 | 0.2% | 8.0% | ||
| Q1 25 | -6.7% | -2.5% | ||
| Q4 24 | 20.6% | 11.7% | ||
| Q3 24 | 4.7% | 15.6% | ||
| Q2 24 | 1.5% | 12.9% | ||
| Q1 24 | -7.9% | -13.6% |
资本支出强度LILARHP
| Q4 25 | 12.2% | 14.4% | ||
| Q3 25 | 11.0% | 11.8% | ||
| Q2 25 | 12.8% | 10.5% | ||
| Q1 25 | 8.9% | 19.2% | ||
| Q4 24 | 14.4% | 14.0% | ||
| Q3 24 | 11.6% | 24.1% | ||
| Q2 24 | 12.6% | 17.2% | ||
| Q1 24 | 10.0% | 15.0% |
现金转化率LILARHP
| Q4 25 | — | 2.21× | ||
| Q3 25 | 54.00× | 5.88× | ||
| Q2 25 | — | 1.71× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 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
LILA
| Liberty Cablevisionof Puerto Rico LLC Liberty Puerto Rico | $301.3M | 26% |
| Cable Wireless Communications Limited CW Panama | $230.1M | 20% |
| Costa Rica Segment | $168.2M | 15% |
| Liberty Networks | $129.3M | 11% |
| Cable Subscription | $112.4M | 10% |
| Mobile Subscription | $95.9M | 8% |
| Mobile Handset And Other Devices | $73.0M | 6% |
| Liberty Networks Other | $25.0M | 2% |
| Mobile Non Subscription | $21.6M | 2% |
| B2B Mobile Handsetand Other Devices | $7.0M | 1% |
| Cable Non Subscription | $4.3M | 0% |
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% |
