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NEWMARK GROUP, INC.（NMRK）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
NEWMARK GROUP, INC.的季度营收约是Ryman Hospitality Properties, Inc.的1.1倍（$846.5M vs $737.8M），Ryman Hospitality Properties, Inc.净利率更高（10.1% vs 0.3%，领先9.8%），NEWMARK GROUP, INC.同比增速更快（27.2% vs 13.9%），Ryman Hospitality Properties, Inc.自由现金流更多（$58.5M vs $-257.8M），过去两年NEWMARK GROUP, INC.的营收复合增速更高（26.7% vs 18.2%）
纽马克集团是一家总部位于纽约的全球性商业地产咨询及服务企业，旗下业务以Newmark品牌开展，在纳斯达克全球精选市场上市，股票代码为NMRK，为全球客户提供商业地产领域的多元专业服务。
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。
NMRK vs RHP — 直观对比
营收规模更大
NMRK
是对方的1.1倍
$737.8M
营收增速更快
NMRK
高出13.3%
13.9%
净利率更高
RHP
高出9.8%
0.3%
自由现金流更多
RHP
多$316.3M
$-257.8M
两年增速更快
NMRK
近两年复合增速
18.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $846.5M | $737.8M |
| 净利润 | $2.2M | $74.5M |
| 毛利率 | — | 41.4% |
| 营业利润率 | 3.1% | 19.4% |
| 净利率 | 0.3% | 10.1% |
| 营收同比 | 27.2% | 13.9% |
| 净利润同比 | 130.6% | 3.0% |
| 每股收益（稀释后） | $0.08 | $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NMRKRHP
| Q1 26 | $846.5M | — | ||
| Q4 25 | $859.5M | $737.8M | ||
| Q3 25 | $715.0M | $592.5M | ||
| Q2 25 | $639.6M | $659.5M | ||
| Q1 25 | $556.2M | $587.3M | ||
| Q4 24 | $727.5M | $647.6M | ||
| Q3 24 | $568.0M | $550.0M | ||
| Q2 24 | $527.3M | $613.3M |
净利润NMRKRHP
| Q1 26 | $2.2M | — | ||
| Q4 25 | $68.0M | $74.5M | ||
| Q3 25 | $46.2M | $34.9M | ||
| Q2 25 | $20.8M | $71.8M | ||
| Q1 25 | $-8.8M | $63.0M | ||
| Q4 24 | $45.4M | $72.3M | ||
| Q3 24 | $17.8M | $59.0M | ||
| Q2 24 | $14.3M | $100.8M |
毛利率NMRKRHP
| Q1 26 | — | — | ||
| Q4 25 | — | 41.4% | ||
| Q3 25 | — | 40.9% | ||
| Q2 25 | — | 49.7% | ||
| Q1 25 | — | 44.4% | ||
| Q4 24 | — | 40.4% | ||
| Q3 24 | — | 43.1% | ||
| Q2 24 | — | 48.4% |
营业利润率NMRKRHP
| Q1 26 | 3.1% | — | ||
| Q4 25 | 14.4% | 19.4% | ||
| Q3 25 | 11.9% | 15.0% | ||
| Q2 25 | 6.7% | 21.1% | ||
| Q1 25 | -3.1% | 19.8% | ||
| Q4 24 | 14.3% | 18.6% | ||
| Q3 24 | 7.2% | 19.3% | ||
| Q2 24 | 7.7% | 27.4% |
净利率NMRKRHP
| Q1 26 | 0.3% | — | ||
| Q4 25 | 7.9% | 10.1% | ||
| Q3 25 | 6.5% | 5.9% | ||
| Q2 25 | 3.3% | 10.9% | ||
| Q1 25 | -1.6% | 10.7% | ||
| Q4 24 | 6.2% | 11.2% | ||
| Q3 24 | 3.1% | 10.7% | ||
| Q2 24 | 2.7% | 16.4% |
每股收益（稀释后）NMRKRHP
| Q1 26 | $0.08 | — | ||
| Q4 25 | $0.37 | $1.12 | ||
| Q3 25 | $0.25 | $0.53 | ||
| Q2 25 | $0.11 | $1.12 | ||
| Q1 25 | $-0.05 | $1.00 | ||
| Q4 24 | $0.25 | $1.12 | ||
| Q3 24 | $0.10 | $0.94 | ||
| Q2 24 | $0.08 | $1.65 |
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 | $212.1M | $471.4M |
| 总债务越低越好 | $832.0M | — |
| 股东权益账面价值 | — | $750.2M |
| 总资产 | $5.3B | $6.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资NMRKRHP
| Q1 26 | $212.1M | — | ||
| Q4 25 | $229.1M | $471.4M | ||
| Q3 25 | $224.1M | $483.3M | ||
| Q2 25 | $195.8M | $420.6M | ||
| Q1 25 | $157.1M | $413.9M | ||
| Q4 24 | $197.7M | $477.7M | ||
| Q3 24 | $178.6M | $534.9M | ||
| Q2 24 | $176.4M | $498.4M |
总债务NMRKRHP
| Q1 26 | $832.0M | — | ||
| Q4 25 | $671.7M | — | ||
| Q3 25 | $746.5M | — | ||
| Q2 25 | $871.2M | — | ||
| Q1 25 | $770.9M | — | ||
| Q4 24 | $670.7M | — | ||
| Q3 24 | $770.4M | — | ||
| Q2 24 | $745.2M | — |
股东权益NMRKRHP
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $750.2M | ||
| Q3 25 | $1.4B | $758.5M | ||
| Q2 25 | $1.3B | $800.4M | ||
| Q1 25 | $1.3B | $531.5M | ||
| Q4 24 | $1.2B | $549.0M | ||
| Q3 24 | $1.2B | $551.9M | ||
| Q2 24 | $1.2B | $562.6M |
总资产NMRKRHP
| Q1 26 | $5.3B | — | ||
| Q4 25 | $5.0B | $6.2B | ||
| Q3 25 | $5.5B | $6.2B | ||
| Q2 25 | $5.4B | $6.1B | ||
| Q1 25 | $4.8B | $5.2B | ||
| Q4 24 | $4.7B | $5.2B | ||
| Q3 24 | $5.0B | $5.2B | ||
| Q2 24 | $4.8B | $5.1B |
负债/权益比NMRKRHP
| Q1 26 | — | — | ||
| Q4 25 | 0.46× | — | ||
| Q3 25 | 0.55× | — | ||
| Q2 25 | 0.68× | — | ||
| Q1 25 | 0.58× | — | ||
| Q4 24 | 0.56× | — | ||
| Q3 24 | 0.66× | — | ||
| Q2 24 | 0.62× | — |
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 | — | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $-257.8M | $58.5M |
| 自由现金流率自由现金流/营收 | -30.5% | 7.9% |
| 资本支出强度资本支出/营收 | — | 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 | $69.7M | $232.4M |
8季度趋势，按日历期对齐
经营现金流NMRKRHP
| Q1 26 | — | — | ||
| Q4 25 | $618.5M | $164.7M | ||
| Q3 25 | $112.6M | $205.2M | ||
| Q2 25 | $-379.7M | $122.5M | ||
| Q1 25 | $-179.4M | $98.2M | ||
| Q4 24 | $402.6M | $166.6M | ||
| Q3 24 | $-85.2M | $218.1M | ||
| Q2 24 | $-258.5M | $184.3M |
自由现金流NMRKRHP
| Q1 26 | $-257.8M | — | ||
| Q4 25 | $608.8M | $58.5M | ||
| Q3 25 | $104.9M | $135.4M | ||
| Q2 25 | $-386.2M | $53.0M | ||
| Q1 25 | $-184.8M | $-14.5M | ||
| Q4 24 | $396.6M | $76.0M | ||
| Q3 24 | $-94.4M | $85.7M | ||
| Q2 24 | $-267.8M | $78.8M |
自由现金流率NMRKRHP
| Q1 26 | -30.5% | — | ||
| Q4 25 | 70.8% | 7.9% | ||
| Q3 25 | 14.7% | 22.9% | ||
| Q2 25 | -60.4% | 8.0% | ||
| Q1 25 | -33.2% | -2.5% | ||
| Q4 24 | 54.5% | 11.7% | ||
| Q3 24 | -16.6% | 15.6% | ||
| Q2 24 | -50.8% | 12.9% |
资本支出强度NMRKRHP
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | 14.4% | ||
| Q3 25 | 1.1% | 11.8% | ||
| Q2 25 | 1.0% | 10.5% | ||
| Q1 25 | 1.0% | 19.2% | ||
| Q4 24 | 0.8% | 14.0% | ||
| Q3 24 | 1.6% | 24.1% | ||
| Q2 24 | 1.8% | 17.2% |
现金转化率NMRKRHP
| Q1 26 | — | — | ||
| Q4 25 | 9.10× | 2.21× | ||
| Q3 25 | 2.44× | 5.88× | ||
| Q2 25 | -18.24× | 1.71× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | 8.86× | 2.30× | ||
| Q3 24 | -4.79× | 3.70× | ||
| Q2 24 | -18.10× | 1.83× |
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
NMRK
| Management Services, Servicing Fees and Other | $344.0M | 41% |
| Capital Markets | $252.5M | 30% |
| Leasing and Other Commissions | $250.0M | 30% |
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% |
