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诺信（NDSN）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
诺信的季度营收约是Ryman Hospitality Properties, Inc.的1.0倍（$751.8M vs $737.8M），诺信净利率更高（20.2% vs 10.1%，领先10.1%），Ryman Hospitality Properties, Inc.同比增速更快（13.9% vs 1.0%），诺信自由现金流更多（$193.9M vs $58.5M），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（18.2% vs 9.0%）
诺信（Nordson Corporation）是总部位于美国的跨国企业，专业设计生产民用及工业场景使用的胶粘剂、密封剂、涂料喷涂设备，同时生产电子元器件检测设备、固化及表面处理技术系统，还布局了医疗设备与组件技术相关业务。
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。
NDSN vs RHP — 直观对比
营收规模更大
NDSN
是对方的1.0倍
$737.8M
营收增速更快
RHP
高出12.9%
1.0%
净利率更高
NDSN
高出10.1%
10.1%
自由现金流更多
NDSN
多$135.3M
$58.5M
两年增速更快
RHP
近两年复合增速
9.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $751.8M | $737.8M |
| 净利润 | $151.6M | $74.5M |
| 毛利率 | 56.3% | 41.4% |
| 营业利润率 | 28.5% | 19.4% |
| 净利率 | 20.2% | 10.1% |
| 营收同比 | 1.0% | 13.9% |
| 净利润同比 | 24.1% | 3.0% |
| 每股收益（稀释后） | $2.67 | $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NDSNRHP
| Q4 25 | $751.8M | $737.8M | ||
| Q3 25 | $741.5M | $592.5M | ||
| Q2 25 | $682.9M | $659.5M | ||
| Q1 25 | $615.4M | $587.3M | ||
| Q4 24 | $744.5M | $647.6M | ||
| Q3 24 | $661.6M | $550.0M | ||
| Q2 24 | $650.6M | $613.3M | ||
| Q1 24 | $633.2M | $528.3M |
净利润NDSNRHP
| Q4 25 | $151.6M | $74.5M | ||
| Q3 25 | $125.8M | $34.9M | ||
| Q2 25 | $112.4M | $71.8M | ||
| Q1 25 | $94.7M | $63.0M | ||
| Q4 24 | $122.2M | $72.3M | ||
| Q3 24 | $117.3M | $59.0M | ||
| Q2 24 | $118.2M | $100.8M | ||
| Q1 24 | $109.6M | $42.8M |
毛利率NDSNRHP
| Q4 25 | 56.3% | 41.4% | ||
| Q3 25 | 54.8% | 40.9% | ||
| Q2 25 | 54.7% | 49.7% | ||
| Q1 25 | 54.6% | 44.4% | ||
| Q4 24 | 54.1% | 40.4% | ||
| Q3 24 | 55.8% | 43.1% | ||
| Q2 24 | 56.2% | 48.4% | ||
| Q1 24 | 55.0% | 41.5% |
营业利润率NDSNRHP
| Q4 25 | 28.5% | 19.4% | ||
| Q3 25 | 25.3% | 15.0% | ||
| Q2 25 | 24.7% | 21.1% | ||
| Q1 25 | 22.9% | 19.8% | ||
| Q4 24 | 24.0% | 18.6% | ||
| Q3 24 | 25.3% | 19.3% | ||
| Q2 24 | 25.9% | 27.4% | ||
| Q1 24 | 25.2% | 18.2% |
净利率NDSNRHP
| Q4 25 | 20.2% | 10.1% | ||
| Q3 25 | 17.0% | 5.9% | ||
| Q2 25 | 16.5% | 10.9% | ||
| Q1 25 | 15.4% | 10.7% | ||
| Q4 24 | 16.4% | 11.2% | ||
| Q3 24 | 17.7% | 10.7% | ||
| Q2 24 | 18.2% | 16.4% | ||
| Q1 24 | 17.3% | 8.1% |
每股收益（稀释后）NDSNRHP
| Q4 25 | $2.67 | $1.12 | ||
| Q3 25 | $2.22 | $0.53 | ||
| Q2 25 | $1.97 | $1.12 | ||
| Q1 25 | $1.65 | $1.00 | ||
| Q4 24 | $2.12 | $1.12 | ||
| Q3 24 | $2.04 | $0.94 | ||
| Q2 24 | $2.05 | $1.65 | ||
| Q1 24 | $1.90 | $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 | $108.4M | $471.4M |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $3.0B | $750.2M |
| 总资产 | $5.9B | $6.2B |
| 负债/权益比越低杠杆越低 | 0.66× | — |
8季度趋势，按日历期对齐
现金及短期投资NDSNRHP
| Q4 25 | $108.4M | $471.4M | ||
| Q3 25 | $147.8M | $483.3M | ||
| Q2 25 | $130.2M | $420.6M | ||
| Q1 25 | $130.4M | $413.9M | ||
| Q4 24 | $116.0M | $477.7M | ||
| Q3 24 | $165.3M | $534.9M | ||
| Q2 24 | $125.4M | $498.4M | ||
| Q1 24 | $136.2M | $465.3M |
总债务NDSNRHP
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.6B | — |
股东权益NDSNRHP
| Q4 25 | $3.0B | $750.2M | ||
| Q3 25 | $3.0B | $758.5M | ||
| Q2 25 | $3.0B | $800.4M | ||
| Q1 25 | $2.9B | $531.5M | ||
| Q4 24 | $2.9B | $549.0M | ||
| Q3 24 | $2.9B | $551.9M | ||
| Q2 24 | $2.8B | $562.6M | ||
| Q1 24 | $2.7B | $529.9M |
总资产NDSNRHP
| Q4 25 | $5.9B | $6.2B | ||
| Q3 25 | $6.0B | $6.2B | ||
| Q2 25 | $6.1B | $6.1B | ||
| Q1 25 | $5.9B | $5.2B | ||
| Q4 24 | $6.0B | $5.2B | ||
| Q3 24 | $5.2B | $5.2B | ||
| Q2 24 | $5.2B | $5.1B | ||
| Q1 24 | $5.2B | $5.1B |
负债/权益比NDSNRHP
| Q4 25 | 0.66× | — | ||
| Q3 25 | 0.71× | — | ||
| Q2 25 | 0.74× | — | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | 0.75× | — | ||
| Q3 24 | 0.52× | — | ||
| Q2 24 | 0.55× | — | ||
| Q1 24 | 0.60× | — |
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 | $202.9M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $193.9M | $58.5M |
| 自由现金流率自由现金流/营收 | 25.8% | 7.9% |
| 资本支出强度资本支出/营收 | 1.2% | 14.4% |
| 现金转化率经营现金流/净利润 | 1.34× | 2.21× |
| 过去12个月自由现金流最近4个季度 | $661.1M | $232.4M |
8季度趋势，按日历期对齐
经营现金流NDSNRHP
| Q4 25 | $202.9M | $164.7M | ||
| Q3 25 | $238.0M | $205.2M | ||
| Q2 25 | $119.2M | $122.5M | ||
| Q1 25 | $159.1M | $98.2M | ||
| Q4 24 | $96.4M | $166.6M | ||
| Q3 24 | $164.8M | $218.1M | ||
| Q2 24 | $122.6M | $184.3M | ||
| Q1 24 | $172.4M | $7.5M |
自由现金流NDSNRHP
| Q4 25 | $193.9M | $58.5M | ||
| Q3 25 | $226.4M | $135.4M | ||
| Q2 25 | $103.1M | $53.0M | ||
| Q1 25 | $137.7M | $-14.5M | ||
| Q4 24 | $75.8M | $76.0M | ||
| Q3 24 | $143.0M | $85.7M | ||
| Q2 24 | $108.2M | $78.8M | ||
| Q1 24 | $164.8M | $-72.0M |
自由现金流率NDSNRHP
| Q4 25 | 25.8% | 7.9% | ||
| Q3 25 | 30.5% | 22.9% | ||
| Q2 25 | 15.1% | 8.0% | ||
| Q1 25 | 22.4% | -2.5% | ||
| Q4 24 | 10.2% | 11.7% | ||
| Q3 24 | 21.6% | 15.6% | ||
| Q2 24 | 16.6% | 12.9% | ||
| Q1 24 | 26.0% | -13.6% |
资本支出强度NDSNRHP
| Q4 25 | 1.2% | 14.4% | ||
| Q3 25 | 1.6% | 11.8% | ||
| Q2 25 | 2.3% | 10.5% | ||
| Q1 25 | 3.5% | 19.2% | ||
| Q4 24 | 2.8% | 14.0% | ||
| Q3 24 | 3.3% | 24.1% | ||
| Q2 24 | 2.2% | 17.2% | ||
| Q1 24 | 1.2% | 15.0% |
现金转化率NDSNRHP
| Q4 25 | 1.34× | 2.21× | ||
| Q3 25 | 1.89× | 5.88× | ||
| Q2 25 | 1.06× | 1.71× | ||
| Q1 25 | 1.68× | 1.56× | ||
| Q4 24 | 0.79× | 2.30× | ||
| Q3 24 | 1.41× | 3.70× | ||
| Q2 24 | 1.04× | 1.83× | ||
| Q1 24 | 1.57× | 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
NDSN
| Advanced Technology Systems | $624.5M | 83% |
| Other | $127.3M | 17% |
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% |
