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纽约时报公司（NYT）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
纽约时报公司的季度营收约是Ryman Hospitality Properties, Inc.的1.2倍（$802.3M vs $664.6M），纽约时报公司净利率更高（16.2% vs 10.4%，领先5.7%），Ryman Hospitality Properties, Inc.同比增速更快（13.2% vs 10.4%），过去两年纽约时报公司的营收复合增速更高（16.2% vs 4.1%）
纽约时报公司是美国知名大众传媒企业，总部位于纽约市曼哈顿的纽约时报大厦，旗下核心出版产品包括《纽约时报》及其国际版等系列刊物，同时运营多元媒体资产，在全球新闻传媒领域拥有较高知名度。
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。
NYT vs RHP — 直观对比
营收规模更大
NYT
是对方的1.2倍
$664.6M
营收增速更快
RHP
高出2.7%
10.4%
净利率更高
NYT
高出5.7%
10.4%
两年增速更快
NYT
近两年复合增速
4.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $802.3M | $664.6M |
| 净利润 | $129.8M | $69.4M |
| 毛利率 | — | — |
| 营业利润率 | 20.1% | 20.7% |
| 净利率 | 16.2% | 10.4% |
| 营收同比 | 10.4% | 13.2% |
| 净利润同比 | 4.9% | 10.1% |
| 每股收益（稀释后） | $0.79 | $1.03 |
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NYTRHP
| Q1 26 | — | $664.6M | ||
| Q4 25 | $802.3M | $737.8M | ||
| Q3 25 | $700.8M | $592.5M | ||
| Q2 25 | $685.9M | $659.5M | ||
| Q1 25 | $635.9M | $587.3M | ||
| Q4 24 | $726.6M | $647.6M | ||
| Q3 24 | $640.2M | $550.0M | ||
| Q2 24 | $625.1M | $613.3M |
净利润NYTRHP
| Q1 26 | — | $69.4M | ||
| Q4 25 | $129.8M | $74.5M | ||
| Q3 25 | $81.6M | $34.9M | ||
| Q2 25 | $82.9M | $71.8M | ||
| Q1 25 | $49.6M | $63.0M | ||
| Q4 24 | $123.7M | $72.3M | ||
| Q3 24 | $64.1M | $59.0M | ||
| Q2 24 | $65.5M | $100.8M |
毛利率NYTRHP
| 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NYTRHP
| Q1 26 | — | 20.7% | ||
| Q4 25 | 20.1% | 19.4% | ||
| Q3 25 | 15.0% | 15.0% | ||
| Q2 25 | 15.5% | 21.1% | ||
| Q1 25 | 9.2% | 19.8% | ||
| Q4 24 | 20.2% | 18.6% | ||
| Q3 24 | 12.0% | 19.3% | ||
| Q2 24 | 12.7% | 27.4% |
净利率NYTRHP
| Q1 26 | — | 10.4% | ||
| Q4 25 | 16.2% | 10.1% | ||
| Q3 25 | 11.7% | 5.9% | ||
| Q2 25 | 12.1% | 10.9% | ||
| Q1 25 | 7.8% | 10.7% | ||
| Q4 24 | 17.0% | 11.2% | ||
| Q3 24 | 10.0% | 10.7% | ||
| Q2 24 | 10.5% | 16.4% |
每股收益（稀释后）NYTRHP
| Q1 26 | — | $1.03 | ||
| Q4 25 | $0.79 | $1.12 | ||
| Q3 25 | $0.50 | $0.53 | ||
| Q2 25 | $0.50 | $1.12 | ||
| Q1 25 | $0.30 | $1.00 | ||
| Q4 24 | $0.74 | $1.12 | ||
| Q3 24 | $0.39 | $0.94 | ||
| Q2 24 | $0.40 | $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 | $642.2M | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.0B | $770.8M |
| 总资产 | $3.0B | $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NYTRHP
| Q1 26 | — | — | ||
| Q4 25 | $642.2M | $471.4M | ||
| Q3 25 | $617.4M | $483.3M | ||
| Q2 25 | $540.2M | $420.6M | ||
| Q1 25 | $522.1M | $413.9M | ||
| Q4 24 | $565.9M | $477.7M | ||
| Q3 24 | $492.9M | $534.9M | ||
| Q2 24 | $411.4M | $498.4M |
股东权益NYTRHP
| Q1 26 | — | $770.8M | ||
| Q4 25 | $2.0B | $750.2M | ||
| Q3 25 | $2.0B | $758.5M | ||
| Q2 25 | $1.9B | $800.4M | ||
| Q1 25 | $1.9B | $531.5M | ||
| Q4 24 | $1.9B | $549.0M | ||
| Q3 24 | $1.9B | $551.9M | ||
| Q2 24 | $1.8B | $562.6M |
总资产NYTRHP
| Q1 26 | — | $6.2B | ||
| Q4 25 | $3.0B | $6.2B | ||
| Q3 25 | $2.9B | $6.2B | ||
| Q2 25 | $2.8B | $6.1B | ||
| Q1 25 | $2.7B | $5.2B | ||
| Q4 24 | $2.8B | $5.2B | ||
| Q3 24 | $2.8B | $5.2B | ||
| Q2 24 | $2.7B | $5.1B |
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 | $164.2M | — |
| 自由现金流经营现金流 - 资本支出 | $157.6M | — |
| 自由现金流率自由现金流/营收 | 19.6% | — |
| 资本支出强度资本支出/营收 | 0.8% | — |
| 现金转化率经营现金流/净利润 | 1.26× | — |
| 过去12个月自由现金流最近4个季度 | $550.5M | — |
8季度趋势，按日历期对齐
经营现金流NYTRHP
| Q1 26 | — | — | ||
| Q4 25 | $164.2M | $164.7M | ||
| Q3 25 | $207.6M | $205.2M | ||
| Q2 25 | $113.6M | $122.5M | ||
| Q1 25 | $99.1M | $98.2M | ||
| Q4 24 | $151.7M | $166.6M | ||
| Q3 24 | $125.5M | $218.1M | ||
| Q2 24 | $80.2M | $184.3M |
自由现金流NYTRHP
| Q1 26 | — | — | ||
| Q4 25 | $157.6M | $58.5M | ||
| Q3 25 | $199.7M | $135.4M | ||
| Q2 25 | $103.3M | $53.0M | ||
| Q1 25 | $89.9M | $-14.5M | ||
| Q4 24 | $143.6M | $76.0M | ||
| Q3 24 | $118.4M | $85.7M | ||
| Q2 24 | $72.6M | $78.8M |
自由现金流率NYTRHP
| Q1 26 | — | — | ||
| Q4 25 | 19.6% | 7.9% | ||
| Q3 25 | 28.5% | 22.9% | ||
| Q2 25 | 15.1% | 8.0% | ||
| Q1 25 | 14.1% | -2.5% | ||
| Q4 24 | 19.8% | 11.7% | ||
| Q3 24 | 18.5% | 15.6% | ||
| Q2 24 | 11.6% | 12.9% |
资本支出强度NYTRHP
| Q1 26 | — | — | ||
| Q4 25 | 0.8% | 14.4% | ||
| Q3 25 | 1.1% | 11.8% | ||
| Q2 25 | 1.5% | 10.5% | ||
| Q1 25 | 1.5% | 19.2% | ||
| Q4 24 | 1.1% | 14.0% | ||
| Q3 24 | 1.1% | 24.1% | ||
| Q2 24 | 1.2% | 17.2% |
现金转化率NYTRHP
| Q1 26 | — | — | ||
| Q4 25 | 1.26× | 2.21× | ||
| Q3 25 | 2.54× | 5.88× | ||
| Q2 25 | 1.37× | 1.71× | ||
| Q1 25 | 2.00× | 1.56× | ||
| Q4 24 | 1.23× | 2.30× | ||
| Q3 24 | 1.96× | 3.70× | ||
| Q2 24 | 1.22× | 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
NYT
| Subscription | $510.5M | 64% |
| Advertising | $191.7M | 24% |
| Affiliate Licensing And Other Products And Services | $100.2M | 12% |
RHP
| Food and beverage | $289.3M | 44% |
| Rooms | $223.8M | 34% |
| Entertainment | $79.2M | 12% |
| Other | $72.3M | 11% |
