vs
EPLUS INC（PLUS）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
Ryman Hospitality Properties, Inc.的季度营收约是EPLUS INC的1.2倍（$737.8M vs $614.8M），Ryman Hospitality Properties, Inc.净利率更高（10.1% vs 5.7%，领先4.4%），EPLUS INC同比增速更快（20.3% vs 13.9%），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（18.2% vs 2.3%）
ePlus Inc.是美国的科技咨询解决方案提供商，业务覆盖网络安全、云计算、网络架构、协作办公、人工智能及前沿技术领域，为超5000家客户提供定制化解决方案、专业咨询与托管服务，助力企业实现数字化转型与技术升级。
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。
PLUS vs RHP — 直观对比
营收规模更大
RHP
是对方的1.2倍
$614.8M
营收增速更快
PLUS
高出6.4%
13.9%
净利率更高
RHP
高出4.4%
5.7%
两年增速更快
RHP
近两年复合增速
2.3%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $614.8M | $737.8M |
| 净利润 | $35.1M | $74.5M |
| 毛利率 | 25.8% | 41.4% |
| 营业利润率 | 7.1% | 19.4% |
| 净利率 | 5.7% | 10.1% |
| 营收同比 | 20.3% | 13.9% |
| 净利润同比 | 45.2% | 3.0% |
| 每股收益（稀释后） | $1.33 | $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PLUSRHP
| Q4 25 | $614.8M | $737.8M | ||
| Q3 25 | $608.8M | $592.5M | ||
| Q2 25 | $637.3M | $659.5M | ||
| Q1 25 | — | $587.3M | ||
| Q4 24 | $493.2M | $647.6M | ||
| Q3 24 | $493.4M | $550.0M | ||
| Q2 24 | $535.7M | $613.3M | ||
| Q1 24 | — | $528.3M |
净利润PLUSRHP
| Q4 25 | $35.1M | $74.5M | ||
| Q3 25 | $34.9M | $34.9M | ||
| Q2 25 | $37.7M | $71.8M | ||
| Q1 25 | — | $63.0M | ||
| Q4 24 | $24.1M | $72.3M | ||
| Q3 24 | $31.3M | $59.0M | ||
| Q2 24 | $27.3M | $100.8M | ||
| Q1 24 | — | $42.8M |
毛利率PLUSRHP
| Q4 25 | 25.8% | 41.4% | ||
| Q3 25 | 26.6% | 40.9% | ||
| Q2 25 | 23.3% | 49.7% | ||
| Q1 25 | — | 44.4% | ||
| Q4 24 | 25.4% | 40.4% | ||
| Q3 24 | 25.8% | 43.1% | ||
| Q2 24 | 23.7% | 48.4% | ||
| Q1 24 | — | 41.5% |
营业利润率PLUSRHP
| Q4 25 | 7.1% | 19.4% | ||
| Q3 25 | 8.0% | 15.0% | ||
| Q2 25 | 5.7% | 21.1% | ||
| Q1 25 | — | 19.8% | ||
| Q4 24 | 3.3% | 18.6% | ||
| Q3 24 | 5.5% | 19.3% | ||
| Q2 24 | 5.9% | 27.4% | ||
| Q1 24 | — | 18.2% |
净利率PLUSRHP
| Q4 25 | 5.7% | 10.1% | ||
| Q3 25 | 5.7% | 5.9% | ||
| Q2 25 | 5.9% | 10.9% | ||
| Q1 25 | — | 10.7% | ||
| Q4 24 | 4.9% | 11.2% | ||
| Q3 24 | 6.3% | 10.7% | ||
| Q2 24 | 5.1% | 16.4% | ||
| Q1 24 | — | 8.1% |
每股收益（稀释后）PLUSRHP
| Q4 25 | $1.33 | $1.12 | ||
| Q3 25 | $1.32 | $0.53 | ||
| Q2 25 | $1.43 | $1.12 | ||
| Q1 25 | — | $1.00 | ||
| Q4 24 | $0.91 | $1.12 | ||
| Q3 24 | $1.17 | $0.94 | ||
| Q2 24 | $1.02 | $1.65 | ||
| Q1 24 | — | $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 | $326.3M | $471.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.1B | $750.2M |
| 总资产 | $1.8B | $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PLUSRHP
| Q4 25 | $326.3M | $471.4M | ||
| Q3 25 | $402.2M | $483.3M | ||
| Q2 25 | $480.2M | $420.6M | ||
| Q1 25 | — | $413.9M | ||
| Q4 24 | $253.1M | $477.7M | ||
| Q3 24 | $187.5M | $534.9M | ||
| Q2 24 | $349.9M | $498.4M | ||
| Q1 24 | — | $465.3M |
股东权益PLUSRHP
| Q4 25 | $1.1B | $750.2M | ||
| Q3 25 | $1.0B | $758.5M | ||
| Q2 25 | $1.0B | $800.4M | ||
| Q1 25 | — | $531.5M | ||
| Q4 24 | $962.3M | $549.0M | ||
| Q3 24 | $947.0M | $551.9M | ||
| Q2 24 | $921.9M | $562.6M | ||
| Q1 24 | — | $529.9M |
总资产PLUSRHP
| Q4 25 | $1.8B | $6.2B | ||
| Q3 25 | $1.8B | $6.2B | ||
| Q2 25 | $1.8B | $6.1B | ||
| Q1 25 | — | $5.2B | ||
| Q4 24 | $1.8B | $5.2B | ||
| Q3 24 | $1.7B | $5.2B | ||
| Q2 24 | $1.7B | $5.1B | ||
| Q1 24 | — | $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 | $-87.4M | $164.7M |
| 自由现金流经营现金流 - 资本支出 | — | $58.5M |
| 自由现金流率自由现金流/营收 | — | 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 | -2.49× | 2.21× |
| 过去12个月自由现金流最近4个季度 | — | $232.4M |
8季度趋势，按日历期对齐
经营现金流PLUSRHP
| Q4 25 | $-87.4M | $164.7M | ||
| Q3 25 | $-34.8M | $205.2M | ||
| Q2 25 | $-99.0M | $122.5M | ||
| Q1 25 | — | $98.2M | ||
| Q4 24 | $65.7M | $166.6M | ||
| Q3 24 | $-21.6M | $218.1M | ||
| Q2 24 | $97.1M | $184.3M | ||
| Q1 24 | — | $7.5M |
自由现金流PLUSRHP
| Q4 25 | — | $58.5M | ||
| Q3 25 | — | $135.4M | ||
| Q2 25 | — | $53.0M | ||
| Q1 25 | — | $-14.5M | ||
| Q4 24 | — | $76.0M | ||
| Q3 24 | — | $85.7M | ||
| Q2 24 | — | $78.8M | ||
| Q1 24 | — | $-72.0M |
自由现金流率PLUSRHP
| Q4 25 | — | 7.9% | ||
| Q3 25 | — | 22.9% | ||
| Q2 25 | — | 8.0% | ||
| Q1 25 | — | -2.5% | ||
| Q4 24 | — | 11.7% | ||
| Q3 24 | — | 15.6% | ||
| Q2 24 | — | 12.9% | ||
| Q1 24 | — | -13.6% |
资本支出强度PLUSRHP
| Q4 25 | — | 14.4% | ||
| Q3 25 | — | 11.8% | ||
| Q2 25 | — | 10.5% | ||
| Q1 25 | — | 19.2% | ||
| Q4 24 | — | 14.0% | ||
| Q3 24 | — | 24.1% | ||
| Q2 24 | — | 17.2% | ||
| Q1 24 | — | 15.0% |
现金转化率PLUSRHP
| Q4 25 | -2.49× | 2.21× | ||
| Q3 25 | -1.00× | 5.88× | ||
| Q2 25 | -2.63× | 1.71× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | 2.72× | 2.30× | ||
| Q3 24 | -0.69× | 3.70× | ||
| Q2 24 | 3.55× | 1.83× | ||
| Q1 24 | — | 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
PLUS
| All Others Customer End Market | $107.0M | 17% |
| Technology Customer End Market | $89.4M | 15% |
| Health Care Customer End Market | $81.5M | 13% |
| Financial Services Customer End Market | $66.1M | 11% |
| Professional Services Reporting Unit | $64.1M | 10% |
| Security | $61.1M | 10% |
| State And Local Government And Educational Institutions | $59.9M | 10% |
| Managed Services Reporting Unit | $48.8M | 8% |
| Other Product | $21.1M | 3% |
| Collaboration | $13.4M | 2% |
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% |
