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LTC PROPERTIES INC（LTC）与RESOURCES CONNECTION, INC.（RGP）财务数据对比。点击上方公司名可切换其他公司
RESOURCES CONNECTION, INC.的季度营收约是LTC PROPERTIES INC的1.4倍（$117.7M vs $84.3M），LTC PROPERTIES INC净利率更高（123.0% vs -10.8%，领先133.7%），LTC PROPERTIES INC同比增速更快（60.3% vs -19.2%），LTC PROPERTIES INC自由现金流更多（$128.7M vs $15.6M），过去两年LTC PROPERTIES INC的营收复合增速更高（28.1% vs -11.8%）
LTC Properties Inc是一家总部位于美国的房地产投资信托企业，核心业务为持有、融资及运营老年住宅与医疗相关不动产，投资组合涵盖辅助生活设施、专业护理物业、记忆照护中心及独立生活社区，服务美国养老与医疗领域运营方。
RGP原名 Resources Global Professionals，是 Resources Connection, Inc. 的核心运营主体，面向全球客户提供多领域专业咨询服务，覆盖财务会计、信息管理、治理风险合规、人力资本、法务监管、企业咨询与重组、战略传播以及供应链管理等板块。
LTC vs RGP — 直观对比
营收规模更大
RGP
是对方的1.4倍
$84.3M
营收增速更快
LTC
高出79.5%
-19.2%
净利率更高
LTC
高出133.7%
-10.8%
自由现金流更多
LTC
多$113.1M
$15.6M
两年增速更快
LTC
近两年复合增速
-11.8%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $84.3M | $117.7M |
| 净利润 | $103.7M | $-12.7M |
| 毛利率 | — | 37.1% |
| 营业利润率 | — | -10.3% |
| 净利率 | 123.0% | -10.8% |
| 营收同比 | 60.3% | -19.2% |
| 净利润同比 | 429.1% | 81.6% |
| 每股收益（稀释后） | $2.19 | $-0.38 |
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LTCRGP
| Q4 25 | $84.3M | $117.7M | ||
| Q3 25 | $69.3M | $120.2M | ||
| Q2 25 | $60.2M | $139.3M | ||
| Q1 25 | $49.0M | $129.4M | ||
| Q4 24 | $52.6M | $145.6M | ||
| Q3 24 | $55.8M | $136.9M | ||
| Q2 24 | $50.1M | $148.2M | ||
| Q1 24 | $51.4M | $151.3M |
净利润LTCRGP
| Q4 25 | $103.7M | $-12.7M | ||
| Q3 25 | $-20.0M | $-2.4M | ||
| Q2 25 | $15.1M | $-73.3M | ||
| Q1 25 | $20.7M | $-44.1M | ||
| Q4 24 | $19.6M | $-68.7M | ||
| Q3 24 | $29.4M | $-5.7M | ||
| Q2 24 | $19.4M | $10.5M | ||
| Q1 24 | $24.2M | $2.5M |
毛利率LTCRGP
| Q4 25 | — | 37.1% | ||
| Q3 25 | — | 39.5% | ||
| Q2 25 | — | 40.2% | ||
| Q1 25 | — | 35.1% | ||
| Q4 24 | — | 38.5% | ||
| Q3 24 | — | 36.5% | ||
| Q2 24 | — | 40.2% | ||
| Q1 24 | — | 37.0% |
营业利润率LTCRGP
| Q4 25 | — | -10.3% | ||
| Q3 25 | 71.9% | -1.7% | ||
| Q2 25 | 80.5% | -47.0% | ||
| Q1 25 | 37.8% | -38.4% | ||
| Q4 24 | — | -52.7% | ||
| Q3 24 | 95.5% | -3.5% | ||
| Q2 24 | 38.0% | 7.6% | ||
| Q1 24 | 47.3% | 2.8% |
净利率LTCRGP
| Q4 25 | 123.0% | -10.8% | ||
| Q3 25 | -28.9% | -2.0% | ||
| Q2 25 | 25.1% | -52.6% | ||
| Q1 25 | 42.2% | -34.0% | ||
| Q4 24 | 37.3% | -47.2% | ||
| Q3 24 | 52.6% | -4.2% | ||
| Q2 24 | 38.6% | 7.1% | ||
| Q1 24 | 47.2% | 1.7% |
每股收益（稀释后）LTCRGP
| Q4 25 | $2.19 | $-0.38 | ||
| Q3 25 | $-0.44 | $-0.07 | ||
| Q2 25 | $0.32 | $-2.21 | ||
| Q1 25 | $0.45 | $-1.34 | ||
| Q4 24 | $0.38 | $-2.08 | ||
| Q3 24 | $0.66 | $-0.17 | ||
| Q2 24 | $0.44 | $0.31 | ||
| Q1 24 | $0.56 | $0.08 |
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 | $14.4M | $89.8M |
| 总债务越低越好 | $842.2M | — |
| 股东权益账面价值 | $1.1B | $194.6M |
| 总资产 | $2.1B | $289.3M |
| 负债/权益比越低杠杆越低 | 0.78× | — |
8季度趋势，按日历期对齐
现金及短期投资LTCRGP
| Q4 25 | $14.4M | $89.8M | ||
| Q3 25 | $17.9M | $77.5M | ||
| Q2 25 | $7.6M | $86.1M | ||
| Q1 25 | $23.3M | $72.5M | ||
| Q4 24 | $9.4M | $78.2M | ||
| Q3 24 | $35.0M | $89.6M | ||
| Q2 24 | $6.2M | $108.9M | ||
| Q1 24 | $9.0M | $113.8M |
总债务LTCRGP
| Q4 25 | $842.2M | — | ||
| Q3 25 | $944.5M | — | ||
| Q2 25 | $696.5M | — | ||
| Q1 25 | $682.2M | — | ||
| Q4 24 | $684.6M | — | ||
| Q3 24 | $785.3M | — | ||
| Q2 24 | $861.0M | — | ||
| Q1 24 | $860.2M | — |
股东权益LTCRGP
| Q4 25 | $1.1B | $194.6M | ||
| Q3 25 | $957.9M | $206.4M | ||
| Q2 25 | $957.5M | $207.1M | ||
| Q1 25 | $961.9M | $277.8M | ||
| Q4 24 | $960.6M | $325.7M | ||
| Q3 24 | $947.8M | $407.2M | ||
| Q2 24 | $889.1M | $418.8M | ||
| Q1 24 | $886.2M | $414.9M |
总资产LTCRGP
| Q4 25 | $2.1B | $289.3M | ||
| Q3 25 | $2.0B | $287.2M | ||
| Q2 25 | $1.8B | $304.7M | ||
| Q1 25 | $1.8B | $375.6M | ||
| Q4 24 | $1.8B | $424.9M | ||
| Q3 24 | $1.9B | $512.9M | ||
| Q2 24 | $1.9B | $510.9M | ||
| Q1 24 | $1.8B | $523.2M |
负债/权益比LTCRGP
| Q4 25 | 0.78× | — | ||
| Q3 25 | 0.99× | — | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | 0.71× | — | ||
| Q3 24 | 0.83× | — | ||
| Q2 24 | 0.97× | — | ||
| Q1 24 | 0.97× | — |
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 | $136.0M | $15.9M |
| 自由现金流经营现金流 - 资本支出 | $128.7M | $15.6M |
| 自由现金流率自由现金流/营收 | 152.7% | 13.2% |
| 资本支出强度资本支出/营收 | 8.6% | 0.3% |
| 现金转化率经营现金流/净利润 | 1.31× | — |
| 过去12个月自由现金流最近4个季度 | $220.1M | $24.3M |
8季度趋势，按日历期对齐
经营现金流LTCRGP
| Q4 25 | $136.0M | $15.9M | ||
| Q3 25 | $38.4M | $-7.8M | ||
| Q2 25 | $30.0M | $16.8M | ||
| Q1 25 | $29.6M | $659.0K | ||
| Q4 24 | $125.9M | $1.8M | ||
| Q3 24 | $34.0M | $-309.0K | ||
| Q2 24 | $37.0M | $3.2M | ||
| Q1 24 | $21.1M | $20.5M |
自由现金流LTCRGP
| Q4 25 | $128.7M | $15.6M | ||
| Q3 25 | $34.3M | $-8.0M | ||
| Q2 25 | $28.9M | $16.5M | ||
| Q1 25 | $28.2M | $238.0K | ||
| Q4 24 | $112.2M | $61.0K | ||
| Q3 24 | $27.7M | $-575.0K | ||
| Q2 24 | $34.7M | $3.0M | ||
| Q1 24 | $19.7M | $20.4M |
自由现金流率LTCRGP
| Q4 25 | 152.7% | 13.2% | ||
| Q3 25 | 49.4% | -6.6% | ||
| Q2 25 | 47.9% | 11.8% | ||
| Q1 25 | 57.6% | 0.2% | ||
| Q4 24 | 213.4% | 0.0% | ||
| Q3 24 | 49.7% | -0.4% | ||
| Q2 24 | 69.1% | 2.1% | ||
| Q1 24 | 38.4% | 13.5% |
资本支出强度LTCRGP
| Q4 25 | 8.6% | 0.3% | ||
| Q3 25 | 6.0% | 0.1% | ||
| Q2 25 | 1.9% | 0.2% | ||
| Q1 25 | 2.7% | 0.3% | ||
| Q4 24 | 26.0% | 1.2% | ||
| Q3 24 | 11.2% | 0.2% | ||
| Q2 24 | 4.6% | 0.1% | ||
| Q1 24 | 2.6% | 0.1% |
现金转化率LTCRGP
| Q4 25 | 1.31× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.99× | — | ||
| Q1 25 | 1.43× | — | ||
| Q4 24 | 6.43× | — | ||
| Q3 24 | 1.16× | — | ||
| Q2 24 | 1.91× | 0.30× | ||
| Q1 24 | 0.87× | 8.04× |
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
LTC
| Seniors Housing Operating Portfolio Segment | $72.1M | 86% |
| Other | $12.2M | 14% |
RGP
| US | $93.7M | 80% |
| Non Us | $24.0M | 20% |
