vs
NEXSTAR MEDIA GROUP, INC.（NXST）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
NEXSTAR MEDIA GROUP, INC.的季度营收约是Ryman Hospitality Properties, Inc.的1.7倍（$1.3B vs $737.8M），Ryman Hospitality Properties, Inc.净利率更高（10.1% vs -12.9%，领先23.0%），Ryman Hospitality Properties, Inc.同比增速更快（13.9% vs -13.4%），NEXSTAR MEDIA GROUP, INC.自由现金流更多（$136.0M vs $58.5M），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（18.2% vs 0.2%）
Nexstar Media Group, Inc.是美国上市传媒企业，总部设于得克萨斯州欧文、曼哈顿中城及芝加哥，1996年6月17日成立。作为美国规模最大的电视台运营商，集团在全美共拥有197家电视台，多数为美国四大广播电视网及MyNetworkTV附属台，覆盖从纽约到得州圣安杰洛等不同规模的市场。
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。
NXST vs RHP — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $737.8M |
| 净利润 | $-166.0M | $74.5M |
| 毛利率 | — | 41.4% |
| 营业利润率 | 18.7% | 19.4% |
| 净利率 | -12.9% | 10.1% |
| 营收同比 | -13.4% | 13.9% |
| 净利润同比 | -168.6% | 3.0% |
| 每股收益（稀释后） | $-5.57 | $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
| Q4 25 | $1.3B | $737.8M | ||
| Q3 25 | $1.2B | $592.5M | ||
| Q2 25 | $1.2B | $659.5M | ||
| Q1 25 | $1.2B | $587.3M | ||
| Q4 24 | $1.5B | $647.6M | ||
| Q3 24 | $1.4B | $550.0M | ||
| Q2 24 | $1.3B | $613.3M | ||
| Q1 24 | $1.3B | $528.3M |
| Q4 25 | $-166.0M | $74.5M | ||
| Q3 25 | $70.0M | $34.9M | ||
| Q2 25 | $97.0M | $71.8M | ||
| Q1 25 | $108.0M | $63.0M | ||
| Q4 24 | $242.0M | $72.3M | ||
| Q3 24 | $187.0M | $59.0M | ||
| Q2 24 | $118.0M | $100.8M | ||
| Q1 24 | $175.0M | $42.8M |
| 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% | ||
| Q1 24 | — | 41.5% |
| Q4 25 | 18.7% | 19.4% | ||
| Q3 25 | 14.6% | 15.0% | ||
| Q2 25 | 17.3% | 21.1% | ||
| Q1 25 | 17.8% | 19.8% | ||
| Q4 24 | 28.1% | 18.6% | ||
| Q3 24 | 24.5% | 19.3% | ||
| Q2 24 | 18.9% | 27.4% | ||
| Q1 24 | 21.4% | 18.2% |
| Q4 25 | -12.9% | 10.1% | ||
| Q3 25 | 5.8% | 5.9% | ||
| Q2 25 | 7.9% | 10.9% | ||
| Q1 25 | 8.8% | 10.7% | ||
| Q4 24 | 16.3% | 11.2% | ||
| Q3 24 | 13.7% | 10.7% | ||
| Q2 24 | 9.3% | 16.4% | ||
| Q1 24 | 13.6% | 8.1% |
| Q4 25 | $-5.57 | $1.12 | ||
| Q3 25 | $2.14 | $0.53 | ||
| Q2 25 | $3.06 | $1.12 | ||
| Q1 25 | $3.37 | $1.00 | ||
| Q4 24 | $7.44 | $1.12 | ||
| Q3 24 | $5.27 | $0.94 | ||
| Q2 24 | $3.54 | $1.65 | ||
| Q1 24 | $5.16 | $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 | $280.0M | $471.4M |
| 总债务越低越好 | $6.3B | — |
| 股东权益账面价值 | $2.1B | $750.2M |
| 总资产 | $10.8B | $6.2B |
| 负债/权益比越低杠杆越低 | 3.07× | — |
8季度趋势，按日历期对齐
| Q4 25 | $280.0M | $471.4M | ||
| Q3 25 | $236.0M | $483.3M | ||
| Q2 25 | $234.0M | $420.6M | ||
| Q1 25 | $253.0M | $413.9M | ||
| Q4 24 | $144.0M | $477.7M | ||
| Q3 24 | $181.0M | $534.9M | ||
| Q2 24 | $146.0M | $498.4M | ||
| Q1 24 | $237.0M | $465.3M |
| Q4 25 | $6.3B | — | ||
| Q3 25 | $6.4B | — | ||
| Q2 25 | $6.4B | — | ||
| Q1 25 | $6.5B | — | ||
| Q4 24 | $6.5B | — | ||
| Q3 24 | $6.7B | — | ||
| Q2 24 | $6.8B | — | ||
| Q1 24 | $6.8B | — |
| Q4 25 | $2.1B | $750.2M | ||
| Q3 25 | $2.3B | $758.5M | ||
| Q2 25 | $2.3B | $800.4M | ||
| Q1 25 | $2.2B | $531.5M | ||
| Q4 24 | $2.3B | $549.0M | ||
| Q3 24 | $2.2B | $551.9M | ||
| Q2 24 | $2.3B | $562.6M | ||
| Q1 24 | $2.3B | $529.9M |
| Q4 25 | $10.8B | $6.2B | ||
| Q3 25 | $11.2B | $6.2B | ||
| Q2 25 | $11.3B | $6.1B | ||
| Q1 25 | $11.4B | $5.2B | ||
| Q4 24 | $11.5B | $5.2B | ||
| Q3 24 | $11.7B | $5.2B | ||
| Q2 24 | $11.8B | $5.1B | ||
| Q1 24 | $11.9B | $5.1B |
| Q4 25 | 3.07× | — | ||
| Q3 25 | 2.78× | — | ||
| Q2 25 | 2.83× | — | ||
| Q1 25 | 2.89× | — | ||
| Q4 24 | 2.89× | — | ||
| Q3 24 | 3.02× | — | ||
| Q2 24 | 2.99× | — | ||
| Q1 24 | 2.93× | — |
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 | $190.0M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $136.0M | $58.5M |
| 自由现金流率自由现金流/营收 | 10.6% | 7.9% |
| 资本支出强度资本支出/营收 | 4.2% | 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 | $743.0M | $232.4M |
8季度趋势，按日历期对齐
| Q4 25 | $190.0M | $164.7M | ||
| Q3 25 | $117.0M | $205.2M | ||
| Q2 25 | $247.0M | $122.5M | ||
| Q1 25 | $337.0M | $98.2M | ||
| Q4 24 | $411.0M | $166.6M | ||
| Q3 24 | $387.0M | $218.1M | ||
| Q2 24 | $176.0M | $184.3M | ||
| Q1 24 | $276.0M | $7.5M |
| Q4 25 | $136.0M | $58.5M | ||
| Q3 25 | $87.0M | $135.4M | ||
| Q2 25 | $218.0M | $53.0M | ||
| Q1 25 | $302.0M | $-14.5M | ||
| Q4 24 | $376.0M | $76.0M | ||
| Q3 24 | $358.0M | $85.7M | ||
| Q2 24 | $139.0M | $78.8M | ||
| Q1 24 | $232.0M | $-72.0M |
| Q4 25 | 10.6% | 7.9% | ||
| Q3 25 | 7.3% | 22.9% | ||
| Q2 25 | 17.7% | 8.0% | ||
| Q1 25 | 24.5% | -2.5% | ||
| Q4 24 | 25.3% | 11.7% | ||
| Q3 24 | 26.2% | 15.6% | ||
| Q2 24 | 11.0% | 12.9% | ||
| Q1 24 | 18.1% | -13.6% |
| Q4 25 | 4.2% | 14.4% | ||
| Q3 25 | 2.5% | 11.8% | ||
| Q2 25 | 2.4% | 10.5% | ||
| Q1 25 | 2.8% | 19.2% | ||
| Q4 24 | 2.4% | 14.0% | ||
| Q3 24 | 2.1% | 24.1% | ||
| Q2 24 | 2.9% | 17.2% | ||
| Q1 24 | 3.4% | 15.0% |
| Q4 25 | — | 2.21× | ||
| Q3 25 | 1.67× | 5.88× | ||
| Q2 25 | 2.55× | 1.71× | ||
| Q1 25 | 3.12× | 1.56× | ||
| Q4 24 | 1.70× | 2.30× | ||
| Q3 24 | 2.07× | 3.70× | ||
| Q2 24 | 1.49× | 1.83× | ||
| Q1 24 | 1.58× | 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
NXST
| Distribution Service | $704.0M | 55% |
| Advertising | $491.0M | 38% |
| Other | $78.0M | 6% |
| Corporate | $3.0M | 0% |
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% |
