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范尔度假村（MTN）与索尼互动娱乐（RSI）财务数据对比。点击上方公司名可切换其他公司
索尼互动娱乐的季度营收约是范尔度假村的1.2倍（$324.9M vs $271.0M）。索尼互动娱乐净利率更高（1.6% vs -68.9%，领先70.5%）。索尼互动娱乐同比增速更快（27.8% vs 4.1%）。范尔度假村自由现金流更多（$244.3M vs $68.9M）。过去两年索尼互动娱乐的营收复合增速更高（22.2% vs -49.9%）
范尔度假村是美国知名山地度假集团，总部位于科罗拉多州布鲁姆菲尔德。集团旗下在全球4个国家运营42家山地度假村，同时持有并运营酒店、民宿、公寓及高尔夫球场等各类度假不动产，为全球游客提供高品质的山地休闲与旅居服务。
索尼互动娱乐有限责任公司隶属于日本企业集团索尼集团，是美国的电子游戏与数字娱乐企业。该公司主打PlayStation品牌系列游戏主机及相关产品，按营收与股权投资规模计算，是全球电子游戏行业规模最大的企业。
MTN vs RSI — 直观对比
营收规模更大
RSI
是对方的1.2倍
$271.0M
营收增速更快
RSI
高出23.7%
4.1%
净利率更高
RSI
高出70.5%
-68.9%
自由现金流更多
MTN
多$175.4M
$68.9M
两年增速更快
RSI
近两年复合增速
-49.9%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $271.0M | $324.9M |
| 净利润 | $-186.8M | $5.2M |
| 毛利率 | — | 34.4% |
| 营业利润率 | -77.4% | 8.9% |
| 净利率 | -68.9% | 1.6% |
| 营收同比 | 4.1% | 27.8% |
| 净利润同比 | -8.1% | 159.1% |
| 每股收益（稀释后） | $-5.20 | $0.08 |
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MTNRSI
| Q4 25 | $271.0M | $324.9M | ||
| Q3 25 | $271.3M | $277.9M | ||
| Q2 25 | $1.3B | $269.2M | ||
| Q1 25 | $1.1B | $262.4M | ||
| Q4 24 | $260.3M | $254.2M | ||
| Q3 24 | $265.4M | $232.1M | ||
| Q2 24 | $1.3B | $220.4M | ||
| Q1 24 | $1.1B | $217.4M |
净利润MTNRSI
| Q4 25 | $-186.8M | $5.2M | ||
| Q3 25 | $-185.5M | $6.1M | ||
| Q2 25 | $392.8M | $16.7M | ||
| Q1 25 | $245.5M | $5.3M | ||
| Q4 24 | $-172.8M | $2.0M | ||
| Q3 24 | $-175.4M | $1.2M | ||
| Q2 24 | $362.0M | $-100.0K | ||
| Q1 24 | $219.3M | $-727.0K |
毛利率MTNRSI
| Q4 25 | — | 34.4% | ||
| Q3 25 | — | 34.0% | ||
| Q2 25 | — | 35.3% | ||
| Q1 25 | — | 34.9% | ||
| Q4 24 | — | 36.4% | ||
| Q3 24 | — | 34.8% | ||
| Q2 24 | — | 34.4% | ||
| Q1 24 | — | 33.5% |
营业利润率MTNRSI
| Q4 25 | -77.4% | 8.9% | ||
| Q3 25 | -75.1% | 7.0% | ||
| Q2 25 | 44.9% | 9.0% | ||
| Q1 25 | 33.8% | 5.6% | ||
| Q4 24 | -77.6% | 4.8% | ||
| Q3 24 | -74.9% | 2.8% | ||
| Q2 24 | 42.6% | 1.9% | ||
| Q1 24 | 32.5% | 0.7% |
净利率MTNRSI
| Q4 25 | -68.9% | 1.6% | ||
| Q3 25 | -68.4% | 2.2% | ||
| Q2 25 | 30.3% | 6.2% | ||
| Q1 25 | 21.6% | 2.0% | ||
| Q4 24 | -66.4% | 0.8% | ||
| Q3 24 | -66.1% | 0.5% | ||
| Q2 24 | 28.2% | -0.0% | ||
| Q1 24 | 20.3% | -0.3% |
每股收益（稀释后）MTNRSI
| Q4 25 | $-5.20 | $0.08 | ||
| Q3 25 | $-4.96 | $0.06 | ||
| Q2 25 | $10.54 | $0.12 | ||
| Q1 25 | $6.56 | $0.05 | ||
| Q4 24 | $-4.61 | $0.03 | ||
| Q3 24 | $-4.63 | $0.01 | ||
| Q2 24 | $9.54 | $0.00 | ||
| Q1 24 | $5.76 | $-0.01 |
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 | $581.5M | $342.5M |
| 总债务越低越好 | $2.6B | — |
| 股东权益账面价值 | $156.5M | $147.2M |
| 总资产 | $5.8B | $658.5M |
| 负债/权益比越低杠杆越低 | 16.51× | — |
8季度趋势，按日历期对齐
现金及短期投资MTNRSI
| Q4 25 | $581.5M | $342.5M | ||
| Q3 25 | $440.3M | $279.5M | ||
| Q2 25 | $467.0M | $246.4M | ||
| Q1 25 | $488.2M | $232.8M | ||
| Q4 24 | $403.8M | $233.5M | ||
| Q3 24 | $322.8M | $220.9M | ||
| Q2 24 | $705.4M | $198.4M | ||
| Q1 24 | $812.2M | $194.4M |
总债务MTNRSI
| Q4 25 | $2.6B | — | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.1B | — | ||
| Q4 24 | $2.7B | — | ||
| Q3 24 | $2.7B | — | ||
| Q2 24 | $2.7B | — | ||
| Q1 24 | $2.7B | — |
股东权益MTNRSI
| Q4 25 | $156.5M | $147.2M | ||
| Q3 25 | $424.5M | $133.1M | ||
| Q2 25 | $895.4M | $122.9M | ||
| Q1 25 | $530.7M | $81.3M | ||
| Q4 24 | $444.1M | $78.7M | ||
| Q3 24 | $723.5M | $69.8M | ||
| Q2 24 | $1.0B | $63.4M | ||
| Q1 24 | $829.9M | $60.8M |
总资产MTNRSI
| Q4 25 | $5.8B | $658.5M | ||
| Q3 25 | $5.8B | $593.2M | ||
| Q2 25 | $5.8B | $543.0M | ||
| Q1 25 | $5.5B | $387.0M | ||
| Q4 24 | $5.6B | $379.5M | ||
| Q3 24 | $5.7B | $362.6M | ||
| Q2 24 | $5.8B | $340.7M | ||
| Q1 24 | $5.8B | $341.4M |
负债/权益比MTNRSI
| Q4 25 | 16.51× | — | ||
| Q3 25 | 6.11× | — | ||
| Q2 25 | 2.35× | — | ||
| Q1 25 | 3.99× | — | ||
| Q4 24 | 6.10× | — | ||
| Q3 24 | 3.76× | — | ||
| Q2 24 | 2.69× | — | ||
| Q1 24 | 3.28× | — |
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 | $315.9M | $69.1M |
| 自由现金流经营现金流 - 资本支出 | $244.3M | $68.9M |
| 自由现金流率自由现金流/营收 | 90.1% | 21.2% |
| 资本支出强度资本支出/营收 | 26.4% | 0.1% |
| 现金转化率经营现金流/净利润 | — | 13.17× |
| 过去12个月自由现金流最近4个季度 | $352.5M | $164.2M |
8季度趋势，按日历期对齐
经营现金流MTNRSI
| Q4 25 | $315.9M | $69.1M | ||
| Q3 25 | $-171.6M | $41.4M | ||
| Q2 25 | $117.7M | $25.8M | ||
| Q1 25 | $326.3M | $28.7M | ||
| Q4 24 | $282.4M | $25.9M | ||
| Q3 24 | $-94.2M | $29.4M | ||
| Q2 24 | $109.9M | $20.2M | ||
| Q1 24 | $242.7M | $30.9M |
自由现金流MTNRSI
| Q4 25 | $244.3M | $68.9M | ||
| Q3 25 | $-227.5M | $41.2M | ||
| Q2 25 | $84.5M | $25.6M | ||
| Q1 25 | $251.2M | $28.6M | ||
| Q4 24 | $211.4M | $25.7M | ||
| Q3 24 | $-150.3M | $29.3M | ||
| Q2 24 | $85.0M | $19.9M | ||
| Q1 24 | $165.8M | $30.6M |
自由现金流率MTNRSI
| Q4 25 | 90.1% | 21.2% | ||
| Q3 25 | -83.9% | 14.8% | ||
| Q2 25 | 6.5% | 9.5% | ||
| Q1 25 | 22.1% | 10.9% | ||
| Q4 24 | 81.2% | 10.1% | ||
| Q3 24 | -56.6% | 12.6% | ||
| Q2 24 | 6.6% | 9.0% | ||
| Q1 24 | 15.4% | 14.1% |
资本支出强度MTNRSI
| Q4 25 | 26.4% | 0.1% | ||
| Q3 25 | 20.6% | 0.1% | ||
| Q2 25 | 2.6% | 0.1% | ||
| Q1 25 | 6.6% | 0.1% | ||
| Q4 24 | 27.3% | 0.1% | ||
| Q3 24 | 21.1% | 0.1% | ||
| Q2 24 | 1.9% | 0.2% | ||
| Q1 24 | 7.1% | 0.1% |
现金转化率MTNRSI
| Q4 25 | — | 13.17× | ||
| Q3 25 | — | 6.84× | ||
| Q2 25 | 0.30× | 1.55× | ||
| Q1 25 | 1.33× | 5.40× | ||
| Q4 24 | — | 12.79× | ||
| Q3 24 | — | 24.74× | ||
| Q2 24 | 0.30× | — | ||
| Q1 24 | 1.11× | — |
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
MTN
| Dining | $84.6M | 31% |
| Lodgingrevenueexcludingpayrollcostreimbursements | $67.2M | 25% |
| Other Mountain Revenue | $55.1M | 20% |
| Managedcondominiumrooms | $26.1M | 10% |
| Owned Hotel Revenue | $12.7M | 5% |
| Other Lodging Revenue | $10.2M | 4% |
| Other | $5.9M | 2% |
| Transportation | $4.8M | 2% |
| Payrollcostreimbursements | $4.4M | 2% |
RSI
暂无分部数据
