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OPEN TEXT CORP（OTEX）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
OPEN TEXT CORP的季度营收约是Ryman Hospitality Properties, Inc.的1.8倍（$1.3B vs $737.8M），OPEN TEXT CORP净利率更高（12.7% vs 10.1%，领先2.6%），Ryman Hospitality Properties, Inc.同比增速更快（13.9% vs -0.6%），OPEN TEXT CORP自由现金流更多（$279.4M vs $58.5M），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（18.2% vs -4.3%）
Open Text Corporation是全球知名的跨国软件企业，专注于信息管理类软件的研发与销售，业务覆盖全球众多国家和地区，可为各行业客户提供成熟的信息管理解决方案，助力企业高效管理数据资产，推进数字化转型落地。
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。
OTEX vs RHP — 直观对比
营收规模更大
OTEX
是对方的1.8倍
$737.8M
营收增速更快
RHP
高出14.5%
-0.6%
净利率更高
OTEX
高出2.6%
10.1%
自由现金流更多
OTEX
多$220.9M
$58.5M
两年增速更快
RHP
近两年复合增速
-4.3%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $737.8M |
| 净利润 | $168.1M | $74.5M |
| 毛利率 | 74.0% | 41.4% |
| 营业利润率 | 22.0% | 19.4% |
| 净利率 | 12.7% | 10.1% |
| 营收同比 | -0.6% | 13.9% |
| 净利润同比 | -26.9% | 3.0% |
| 每股收益（稀释后） | $0.66 | $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OTEXRHP
| Q4 25 | $1.3B | $737.8M | ||
| Q3 25 | $1.3B | $592.5M | ||
| Q2 25 | $1.3B | $659.5M | ||
| Q1 25 | $1.3B | $587.3M | ||
| Q4 24 | $1.3B | $647.6M | ||
| Q3 24 | $1.3B | $550.0M | ||
| Q2 24 | $1.4B | $613.3M | ||
| Q1 24 | $1.4B | $528.3M |
净利润OTEXRHP
| Q4 25 | $168.1M | $74.5M | ||
| Q3 25 | $146.6M | $34.9M | ||
| Q2 25 | $28.8M | $71.8M | ||
| Q1 25 | $92.8M | $63.0M | ||
| Q4 24 | $229.9M | $72.3M | ||
| Q3 24 | $84.4M | $59.0M | ||
| Q2 24 | $248.2M | $100.8M | ||
| Q1 24 | $98.3M | $42.8M |
毛利率OTEXRHP
| Q4 25 | 74.0% | 41.4% | ||
| Q3 25 | 72.8% | 40.9% | ||
| Q2 25 | 72.3% | 49.7% | ||
| Q1 25 | 71.6% | 44.4% | ||
| Q4 24 | 73.3% | 40.4% | ||
| Q3 24 | 71.7% | 43.1% | ||
| Q2 24 | 72.5% | 48.4% | ||
| Q1 24 | 73.0% | 41.5% |
营业利润率OTEXRHP
| Q4 25 | 22.0% | 19.4% | ||
| Q3 25 | 21.0% | 15.0% | ||
| Q2 25 | 13.9% | 21.1% | ||
| Q1 25 | 16.7% | 19.8% | ||
| Q4 24 | 22.2% | 18.6% | ||
| Q3 24 | 16.3% | 19.3% | ||
| Q2 24 | 14.2% | 27.4% | ||
| Q1 24 | 15.7% | 18.2% |
净利率OTEXRHP
| Q4 25 | 12.7% | 10.1% | ||
| Q3 25 | 11.4% | 5.9% | ||
| Q2 25 | 2.2% | 10.9% | ||
| Q1 25 | 7.4% | 10.7% | ||
| Q4 24 | 17.2% | 11.2% | ||
| Q3 24 | 6.6% | 10.7% | ||
| Q2 24 | 18.2% | 16.4% | ||
| Q1 24 | 6.8% | 8.1% |
每股收益（稀释后）OTEXRHP
| Q4 25 | $0.66 | $1.12 | ||
| Q3 25 | $0.58 | $0.53 | ||
| Q2 25 | $0.11 | $1.12 | ||
| Q1 25 | $0.35 | $1.00 | ||
| Q4 24 | $0.87 | $1.12 | ||
| Q3 24 | $0.32 | $0.94 | ||
| Q2 24 | $0.91 | $1.65 | ||
| Q1 24 | $0.36 | $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 | $1.3B | $471.4M |
| 总债务越低越好 | $6.4B | — |
| 股东权益账面价值 | $4.0B | $750.2M |
| 总资产 | $13.6B | $6.2B |
| 负债/权益比越低杠杆越低 | 1.58× | — |
8季度趋势，按日历期对齐
现金及短期投资OTEXRHP
| Q4 25 | $1.3B | $471.4M | ||
| Q3 25 | $1.1B | $483.3M | ||
| Q2 25 | $1.2B | $420.6M | ||
| Q1 25 | $1.3B | $413.9M | ||
| Q4 24 | $1.1B | $477.7M | ||
| Q3 24 | $1.0B | $534.9M | ||
| Q2 24 | $1.3B | $498.4M | ||
| Q1 24 | $1.1B | $465.3M |
总债务OTEXRHP
| Q4 25 | $6.4B | — | ||
| Q3 25 | $6.4B | — | ||
| Q2 25 | $6.4B | — | ||
| Q1 25 | $6.4B | — | ||
| Q4 24 | $6.4B | — | ||
| Q3 24 | $6.4B | — | ||
| Q2 24 | $6.4B | — | ||
| Q1 24 | $8.4B | — |
股东权益OTEXRHP
| Q4 25 | $4.0B | $750.2M | ||
| Q3 25 | $4.0B | $758.5M | ||
| Q2 25 | $3.9B | $800.4M | ||
| Q1 25 | $4.1B | $531.5M | ||
| Q4 24 | $4.2B | $549.0M | ||
| Q3 24 | $4.1B | $551.9M | ||
| Q2 24 | $4.2B | $562.6M | ||
| Q1 24 | $4.1B | $529.9M |
总资产OTEXRHP
| Q4 25 | $13.6B | $6.2B | ||
| Q3 25 | $13.5B | $6.2B | ||
| Q2 25 | $13.8B | $6.1B | ||
| Q1 25 | $13.8B | $5.2B | ||
| Q4 24 | $13.7B | $5.2B | ||
| Q3 24 | $13.8B | $5.2B | ||
| Q2 24 | $14.2B | $5.1B | ||
| Q1 24 | $16.4B | $5.1B |
负债/权益比OTEXRHP
| Q4 25 | 1.58× | — | ||
| Q3 25 | 1.61× | — | ||
| Q2 25 | 1.62× | — | ||
| Q1 25 | 1.55× | — | ||
| Q4 24 | 1.51× | — | ||
| Q3 24 | 1.55× | — | ||
| Q2 24 | 1.52× | — | ||
| Q1 24 | 2.02× | — |
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 | $318.7M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | $279.4M | $58.5M |
| 自由现金流率自由现金流/营收 | 21.1% | 7.9% |
| 资本支出强度资本支出/营收 | 3.0% | 14.4% |
| 现金转化率经营现金流/净利润 | 1.90× | 2.21× |
| 过去12个月自由现金流最近4个季度 | $878.5M | $232.4M |
8季度趋势，按日历期对齐
经营现金流OTEXRHP
| Q4 25 | $318.7M | $164.7M | ||
| Q3 25 | $147.8M | $205.2M | ||
| Q2 25 | $158.2M | $122.5M | ||
| Q1 25 | $402.2M | $98.2M | ||
| Q4 24 | $348.0M | $166.6M | ||
| Q3 24 | $-77.8M | $218.1M | ||
| Q2 24 | $185.2M | $184.3M | ||
| Q1 24 | $384.7M | $7.5M |
自由现金流OTEXRHP
| Q4 25 | $279.4M | $58.5M | ||
| Q3 25 | $101.2M | $135.4M | ||
| Q2 25 | $124.0M | $53.0M | ||
| Q1 25 | $373.8M | $-14.5M | ||
| Q4 24 | $306.7M | $76.0M | ||
| Q3 24 | $-117.1M | $85.7M | ||
| Q2 24 | $145.2M | $78.8M | ||
| Q1 24 | $348.2M | $-72.0M |
自由现金流率OTEXRHP
| Q4 25 | 21.1% | 7.9% | ||
| Q3 25 | 7.9% | 22.9% | ||
| Q2 25 | 9.5% | 8.0% | ||
| Q1 25 | 29.8% | -2.5% | ||
| Q4 24 | 23.0% | 11.7% | ||
| Q3 24 | -9.2% | 15.6% | ||
| Q2 24 | 10.7% | 12.9% | ||
| Q1 24 | 24.1% | -13.6% |
资本支出强度OTEXRHP
| Q4 25 | 3.0% | 14.4% | ||
| Q3 25 | 3.6% | 11.8% | ||
| Q2 25 | 2.6% | 10.5% | ||
| Q1 25 | 2.3% | 19.2% | ||
| Q4 24 | 3.1% | 14.0% | ||
| Q3 24 | 3.1% | 24.1% | ||
| Q2 24 | 2.9% | 17.2% | ||
| Q1 24 | 2.5% | 15.0% |
现金转化率OTEXRHP
| Q4 25 | 1.90× | 2.21× | ||
| Q3 25 | 1.01× | 5.88× | ||
| Q2 25 | 5.49× | 1.71× | ||
| Q1 25 | 4.33× | 1.56× | ||
| Q4 24 | 1.51× | 2.30× | ||
| Q3 24 | -0.92× | 3.70× | ||
| Q2 24 | 0.75× | 1.83× | ||
| Q1 24 | 3.91× | 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
OTEX
| Transferred At Point In Time | $184.2M | 14% |
| Cybersecurity Enterprise Product | $174.5M | 13% |
| Business Network Product | $159.8M | 12% |
| Business Network Cloud Services And Subscriptions | $151.4M | 11% |
| Content Cloud Services And Subscriptions | $137.9M | 10% |
| Cybersecurity SMB Consumer Product | $127.6M | 10% |
| Application Delivery Management Product | $120.1M | 9% |
| IT Operations Management Product | $113.3M | 9% |
| Professional Service And Other | $82.5M | 6% |
| Analytics Product | $58.1M | 4% |
| IT Operations Management Cloud Services And Subscriptions | $7.8M | 1% |
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% |
