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PENN Entertainment, Inc.（PENN）与瑞思迈（RMD）财务数据对比。点击上方公司名可切换其他公司
PENN Entertainment, Inc.的季度营收约是瑞思迈的1.3倍（$1.8B vs $1.4B），瑞思迈净利率更高（27.6% vs -0.2%，领先27.8%），瑞思迈同比增速更快（11.0% vs 6.4%），过去两年瑞思迈的营收复合增速更高（9.0% vs 3.4%）
Penn Entertainment, Inc.（前称宾州国家博彩）是美国知名娱乐企业，业务涵盖综合娱乐运营、体育内容供给及赌场博彩服务，旗下运营好莱坞赌场、Ameristar、Boomtown等品牌，在全美20个州拥有43处经营场所，同时持有加拿大数字媒体企业Score Media and Gaming的所有权。
瑞思迈是一家起源于澳大利亚、总部位于美国加利福尼亚州圣迭戈的医疗设备企业，主打可接入云端的呼吸类医疗设备，用于治疗睡眠呼吸暂停、慢性阻塞性肺病等呼吸道疾病，新冠疫情期间曾大量生产呼吸机等设备助力患者救治。
PENN vs RMD — 直观对比
营收规模更大
PENN
是对方的1.3倍
$1.4B
营收增速更快
RMD
高出4.6%
6.4%
净利率更高
RMD
高出27.8%
-0.2%
两年增速更快
RMD
近两年复合增速
3.4%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.4B |
| 净利润 | $-2.8M | $392.6M |
| 毛利率 | — | 61.8% |
| 营业利润率 | 5.5% | 34.6% |
| 净利率 | -0.2% | 27.6% |
| 营收同比 | 6.4% | 11.0% |
| 净利润同比 | 66.7% | 13.9% |
| 每股收益（稀释后） | $-0.02 | $2.68 |
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PENNRMD
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.8B | $1.4B | ||
| Q3 25 | $1.7B | $1.3B | ||
| Q2 25 | $1.8B | $1.3B | ||
| Q1 25 | $1.7B | $1.3B | ||
| Q4 24 | $1.7B | $1.3B | ||
| Q3 24 | $1.6B | $1.2B | ||
| Q2 24 | $1.7B | $1.2B |
净利润PENNRMD
| Q1 26 | $-2.8M | — | ||
| Q4 25 | $-72.9M | $392.6M | ||
| Q3 25 | $-864.6M | $348.5M | ||
| Q2 25 | $-17.4M | $379.7M | ||
| Q1 25 | $111.8M | $365.0M | ||
| Q4 24 | $-133.3M | $344.6M | ||
| Q3 24 | $-36.7M | $311.4M | ||
| Q2 24 | $-26.8M | $292.2M |
毛利率PENNRMD
| Q1 26 | — | — | ||
| Q4 25 | — | 61.8% | ||
| Q3 25 | — | 61.5% | ||
| Q2 25 | — | 60.8% | ||
| Q1 25 | — | 59.3% | ||
| Q4 24 | — | 58.6% | ||
| Q3 24 | — | 58.6% | ||
| Q2 24 | — | 58.5% |
营业利润率PENNRMD
| Q1 26 | 5.5% | — | ||
| Q4 25 | -1.0% | 34.6% | ||
| Q3 25 | -45.2% | 33.4% | ||
| Q2 25 | 4.4% | 33.7% | ||
| Q1 25 | 2.6% | 33.0% | ||
| Q4 24 | -2.9% | 32.5% | ||
| Q3 24 | 4.1% | 31.6% | ||
| Q2 24 | 4.5% | 31.2% |
净利率PENNRMD
| Q1 26 | -0.2% | — | ||
| Q4 25 | -4.0% | 27.6% | ||
| Q3 25 | -50.3% | 26.1% | ||
| Q2 25 | -1.0% | 28.2% | ||
| Q1 25 | 6.7% | 28.3% | ||
| Q4 24 | -8.0% | 26.9% | ||
| Q3 24 | -2.2% | 25.4% | ||
| Q2 24 | -1.6% | 23.9% |
每股收益（稀释后）PENNRMD
| Q1 26 | $-0.02 | — | ||
| Q4 25 | $-0.36 | $2.68 | ||
| Q3 25 | $-6.03 | $2.37 | ||
| Q2 25 | $-0.12 | $2.58 | ||
| Q1 25 | $0.68 | $2.48 | ||
| Q4 24 | $-0.87 | $2.34 | ||
| Q3 24 | $-0.24 | $2.11 | ||
| Q2 24 | $-0.18 | $1.97 |
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 | $708.0M | $1.4B |
| 总债务越低越好 | — | $403.9M |
| 股东权益账面价值 | — | $6.3B |
| 总资产 | — | $8.5B |
| 负债/权益比越低杠杆越低 | — | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资PENNRMD
| Q1 26 | $708.0M | — | ||
| Q4 25 | $686.6M | $1.4B | ||
| Q3 25 | $660.1M | $1.4B | ||
| Q2 25 | $671.6M | $1.2B | ||
| Q1 25 | $591.6M | $932.7M | ||
| Q4 24 | $706.6M | $521.9M | ||
| Q3 24 | $834.0M | $426.4M | ||
| Q2 24 | $877.6M | $238.4M |
总债务PENNRMD
| Q1 26 | — | — | ||
| Q4 25 | $2.9B | $403.9M | ||
| Q3 25 | $2.9B | $408.7M | ||
| Q2 25 | $2.8B | $658.4M | ||
| Q1 25 | $2.6B | $663.1M | ||
| Q4 24 | $2.8B | $662.9M | ||
| Q3 24 | $2.8B | $667.6M | ||
| Q2 24 | $2.8B | $697.3M |
股东权益PENNRMD
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $6.3B | ||
| Q3 25 | $2.0B | $6.1B | ||
| Q2 25 | $3.0B | $6.0B | ||
| Q1 25 | $3.0B | $5.5B | ||
| Q4 24 | $2.9B | $5.3B | ||
| Q3 24 | $3.1B | $5.2B | ||
| Q2 24 | $3.1B | $4.9B |
总资产PENNRMD
| Q1 26 | — | — | ||
| Q4 25 | $14.3B | $8.5B | ||
| Q3 25 | $14.3B | $8.3B | ||
| Q2 25 | $15.2B | $8.2B | ||
| Q1 25 | $15.1B | $7.6B | ||
| Q4 24 | $15.3B | $7.1B | ||
| Q3 24 | $15.5B | $7.2B | ||
| Q2 24 | $15.5B | $6.9B |
负债/权益比PENNRMD
| Q1 26 | — | — | ||
| Q4 25 | 1.58× | 0.06× | ||
| Q3 25 | 1.46× | 0.07× | ||
| Q2 25 | 0.94× | 0.11× | ||
| Q1 25 | 0.89× | 0.12× | ||
| Q4 24 | 0.98× | 0.13× | ||
| Q3 24 | 0.91× | 0.13× | ||
| Q2 24 | 0.91× | 0.14× |
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 | — | $339.7M |
| 自由现金流经营现金流 - 资本支出 | — | $311.2M |
| 自由现金流率自由现金流/营收 | — | 21.9% |
| 资本支出强度资本支出/营收 | 5.3% | 2.0% |
| 现金转化率经营现金流/净利润 | — | 0.87× |
| 过去12个月自由现金流最近4个季度 | — | $1.8B |
8季度趋势，按日历期对齐
经营现金流PENNRMD
| Q1 26 | — | — | ||
| Q4 25 | $107.2M | $339.7M | ||
| Q3 25 | $180.9M | $457.3M | ||
| Q2 25 | $178.2M | $538.8M | ||
| Q1 25 | $41.9M | $578.7M | ||
| Q4 24 | $102.9M | $308.6M | ||
| Q3 24 | $174.7M | $325.5M | ||
| Q2 24 | $150.4M | $440.1M |
自由现金流PENNRMD
| Q1 26 | — | — | ||
| Q4 25 | $-83.2M | $311.2M | ||
| Q3 25 | $8.2M | $414.4M | ||
| Q2 25 | $18.8M | $508.2M | ||
| Q1 25 | $-83.3M | $557.9M | ||
| Q4 24 | $-118.1M | $288.0M | ||
| Q3 24 | $42.6M | $307.7M | ||
| Q2 24 | $62.2M | $415.2M |
自由现金流率PENNRMD
| Q1 26 | — | — | ||
| Q4 25 | -4.6% | 21.9% | ||
| Q3 25 | 0.5% | 31.0% | ||
| Q2 25 | 1.1% | 37.7% | ||
| Q1 25 | -5.0% | 43.2% | ||
| Q4 24 | -7.1% | 22.5% | ||
| Q3 24 | 2.6% | 25.1% | ||
| Q2 24 | 3.7% | 33.9% |
资本支出强度PENNRMD
| Q1 26 | 5.3% | — | ||
| Q4 25 | 10.5% | 2.0% | ||
| Q3 25 | 10.1% | 3.2% | ||
| Q2 25 | 9.0% | 2.3% | ||
| Q1 25 | 7.5% | 1.6% | ||
| Q4 24 | 13.2% | 1.6% | ||
| Q3 24 | 8.1% | 1.5% | ||
| Q2 24 | 5.3% | 2.0% |
现金转化率PENNRMD
| Q1 26 | — | — | ||
| Q4 25 | — | 0.87× | ||
| Q3 25 | — | 1.31× | ||
| Q2 25 | — | 1.42× | ||
| Q1 25 | 0.37× | 1.59× | ||
| Q4 24 | — | 0.90× | ||
| Q3 24 | — | 1.05× | ||
| Q2 24 | — | 1.51× |
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
PENN
| Northeast segment (1) | $687.1M | 39% |
| Interactive (5) | $290.1M | 16% |
| South segment (2) | $288.3M | 16% |
| Midwest segment (4) | $282.9M | 16% |
| West segment (3) | $129.7M | 7% |
| Other | $101.0M | 6% |
RMD
| Sleep And Breathing Health | $1.3B | 88% |
| Residential Care Software | $166.9M | 12% |
