vs
Magnera Corp（MAGN）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
Magnera Corp的季度营收约是Ryman Hospitality Properties, Inc.的1.1倍（$792.0M vs $737.8M），Ryman Hospitality Properties, Inc.净利率更高（10.1% vs -4.3%，领先14.4%），Ryman Hospitality Properties, Inc.同比增速更快（13.9% vs 12.8%），Ryman Hospitality Properties, Inc.自由现金流更多（$58.5M vs $-13.0M），过去两年Magnera Corp的营收复合增速更高（54.9% vs 18.2%）
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。
MAGN vs RHP — 直观对比
营收规模更大
MAGN
是对方的1.1倍
$737.8M
营收增速更快
RHP
高出1.1%
12.8%
净利率更高
RHP
高出14.4%
-4.3%
自由现金流更多
RHP
多$71.5M
$-13.0M
两年增速更快
MAGN
近两年复合增速
18.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $792.0M | $737.8M |
| 净利润 | $-34.0M | $74.5M |
| 毛利率 | 12.2% | 41.4% |
| 营业利润率 | 1.8% | 19.4% |
| 净利率 | -4.3% | 10.1% |
| 营收同比 | 12.8% | 13.9% |
| 净利润同比 | 43.3% | 3.0% |
| 每股收益（稀释后） | $-0.95 | $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MAGNRHP
| Q4 25 | $792.0M | $737.8M | ||
| Q3 25 | — | $592.5M | ||
| Q2 25 | $839.0M | $659.5M | ||
| Q1 25 | $824.0M | $587.3M | ||
| Q4 24 | $702.0M | $647.6M | ||
| Q3 24 | $332.1M | $550.0M | ||
| Q2 24 | $556.0M | $613.3M | ||
| Q1 24 | $558.0M | $528.3M |
净利润MAGNRHP
| Q4 25 | $-34.0M | $74.5M | ||
| Q3 25 | — | $34.9M | ||
| Q2 25 | $-18.0M | $71.8M | ||
| Q1 25 | $-41.0M | $63.0M | ||
| Q4 24 | $-60.0M | $72.3M | ||
| Q3 24 | $-15.2M | $59.0M | ||
| Q2 24 | $19.0M | $100.8M | ||
| Q1 24 | $14.0M | $42.8M |
毛利率MAGNRHP
| Q4 25 | 12.2% | 41.4% | ||
| Q3 25 | — | 40.9% | ||
| Q2 25 | 10.7% | 49.7% | ||
| Q1 25 | 10.7% | 44.4% | ||
| Q4 24 | 10.1% | 40.4% | ||
| Q3 24 | 10.7% | 43.1% | ||
| Q2 24 | 6.6% | 48.4% | ||
| Q1 24 | 6.2% | 41.5% |
营业利润率MAGNRHP
| Q4 25 | 1.8% | 19.4% | ||
| Q3 25 | — | 15.0% | ||
| Q2 25 | 1.5% | 21.1% | ||
| Q1 25 | 0.5% | 19.8% | ||
| Q4 24 | -3.1% | 18.6% | ||
| Q3 24 | 0.9% | 19.3% | ||
| Q2 24 | 3.1% | 27.4% | ||
| Q1 24 | 3.8% | 18.2% |
净利率MAGNRHP
| Q4 25 | -4.3% | 10.1% | ||
| Q3 25 | — | 5.9% | ||
| Q2 25 | -2.1% | 10.9% | ||
| Q1 25 | -5.0% | 10.7% | ||
| Q4 24 | -8.5% | 11.2% | ||
| Q3 24 | -4.6% | 10.7% | ||
| Q2 24 | 3.4% | 16.4% | ||
| Q1 24 | 2.5% | 8.1% |
每股收益（稀释后）MAGNRHP
| Q4 25 | $-0.95 | $1.12 | ||
| Q3 25 | — | $0.53 | ||
| Q2 25 | $-0.51 | $1.12 | ||
| Q1 25 | $-1.15 | $1.00 | ||
| Q4 24 | $-1.69 | $1.12 | ||
| Q3 24 | $-0.33 | $0.94 | ||
| Q2 24 | $0.60 | $1.65 | ||
| Q1 24 | $0.44 | $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 | $264.0M | $471.4M |
| 总债务越低越好 | $1.9B | — |
| 股东权益账面价值 | $1.0B | $750.2M |
| 总资产 | $3.9B | $6.2B |
| 负债/权益比越低杠杆越低 | 1.86× | — |
8季度趋势，按日历期对齐
现金及短期投资MAGNRHP
| Q4 25 | $264.0M | $471.4M | ||
| Q3 25 | — | $483.3M | ||
| Q2 25 | $276.0M | $420.6M | ||
| Q1 25 | $282.0M | $413.9M | ||
| Q4 24 | $215.0M | $477.7M | ||
| Q3 24 | $230.0M | $534.9M | ||
| Q2 24 | $33.9M | $498.4M | ||
| Q1 24 | $30.2M | $465.3M |
总债务MAGNRHP
| Q4 25 | $1.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $877.4M | — | ||
| Q1 24 | $884.7M | — |
股东权益MAGNRHP
| Q4 25 | $1.0B | $750.2M | ||
| Q3 25 | — | $758.5M | ||
| Q2 25 | $1.1B | $800.4M | ||
| Q1 25 | $1.1B | $531.5M | ||
| Q4 24 | $1.1B | $549.0M | ||
| Q3 24 | $2.1B | $551.9M | ||
| Q2 24 | $2.4B | $562.6M | ||
| Q1 24 | $2.4B | $529.9M |
总资产MAGNRHP
| Q4 25 | $3.9B | $6.2B | ||
| Q3 25 | — | $6.2B | ||
| Q2 25 | $4.1B | $6.1B | ||
| Q1 25 | $4.1B | $5.2B | ||
| Q4 24 | $4.0B | $5.2B | ||
| Q3 24 | $2.8B | $5.2B | ||
| Q2 24 | $1.5B | $5.1B | ||
| Q1 24 | $1.5B | $5.1B |
负债/权益比MAGNRHP
| Q4 25 | 1.86× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.77× | — | ||
| Q1 25 | 1.83× | — | ||
| Q4 24 | 1.80× | — | ||
| Q3 24 | 0.91× | — | ||
| Q2 24 | 0.37× | — | ||
| Q1 24 | 0.36× | — |
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 | $2.0M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $-13.0M | $58.5M |
| 自由现金流率自由现金流/营收 | -1.6% | 7.9% |
| 资本支出强度资本支出/营收 | 1.9% | 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 | — | $232.4M |
8季度趋势，按日历期对齐
经营现金流MAGNRHP
| Q4 25 | $2.0M | $164.7M | ||
| Q3 25 | — | $205.2M | ||
| Q2 25 | $0 | $122.5M | ||
| Q1 25 | $65.0M | $98.2M | ||
| Q4 24 | $-58.0M | $166.6M | ||
| Q3 24 | $12.2M | $218.1M | ||
| Q2 24 | $38.0M | $184.3M | ||
| Q1 24 | $20.0M | $7.5M |
自由现金流MAGNRHP
| Q4 25 | $-13.0M | $58.5M | ||
| Q3 25 | — | $135.4M | ||
| Q2 25 | — | $53.0M | ||
| Q1 25 | $42.0M | $-14.5M | ||
| Q4 24 | $-74.0M | $76.0M | ||
| Q3 24 | $3.6M | $85.7M | ||
| Q2 24 | $23.0M | $78.8M | ||
| Q1 24 | $12.5M | $-72.0M |
自由现金流率MAGNRHP
| Q4 25 | -1.6% | 7.9% | ||
| Q3 25 | — | 22.9% | ||
| Q2 25 | — | 8.0% | ||
| Q1 25 | 5.1% | -2.5% | ||
| Q4 24 | -10.5% | 11.7% | ||
| Q3 24 | 1.1% | 15.6% | ||
| Q2 24 | 4.1% | 12.9% | ||
| Q1 24 | 2.2% | -13.6% |
资本支出强度MAGNRHP
| Q4 25 | 1.9% | 14.4% | ||
| Q3 25 | — | 11.8% | ||
| Q2 25 | 1.5% | 10.5% | ||
| Q1 25 | 2.8% | 19.2% | ||
| Q4 24 | 2.3% | 14.0% | ||
| Q3 24 | 2.6% | 24.1% | ||
| Q2 24 | 2.7% | 17.2% | ||
| Q1 24 | 1.3% | 15.0% |
现金转化率MAGNRHP
| Q4 25 | — | 2.21× | ||
| Q3 25 | — | 5.88× | ||
| Q2 25 | — | 1.71× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | — | 2.30× | ||
| Q3 24 | — | 3.70× | ||
| Q2 24 | 2.00× | 1.83× | ||
| Q1 24 | 1.43× | 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
MAGN
| Other | $451.0M | 57% |
| United States And Canada | $341.0M | 43% |
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% |
