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Quad/Graphics, Inc.（QUAD）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Quad/Graphics, Inc.的1.1倍（$664.6M vs $630.6M），Ryman Hospitality Properties, Inc.同比增速更快（13.2% vs -11.0%），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（4.1% vs -1.9%）
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QUAD vs RHP — 直观对比
营收规模更大
RHP
是对方的1.1倍
$630.6M
营收增速更快
RHP
高出24.1%
-11.0%
两年增速更快
RHP
近两年复合增速
-1.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $630.6M | $664.6M |
| 净利润 | — | $69.4M |
| 毛利率 | 21.6% | — |
| 营业利润率 | 5.9% | 20.7% |
| 净利率 | — | 10.4% |
| 营收同比 | -11.0% | 13.2% |
| 净利润同比 | — | 10.1% |
| 每股收益（稀释后） | $0.22 | $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QUADRHP
| Q1 26 | — | $664.6M | ||
| Q4 25 | $630.6M | $737.8M | ||
| Q3 25 | $588.0M | $592.5M | ||
| Q2 25 | $571.9M | $659.5M | ||
| Q1 25 | $629.4M | $587.3M | ||
| Q4 24 | $708.4M | $647.6M | ||
| Q3 24 | $674.8M | $550.0M | ||
| Q2 24 | $634.2M | $613.3M |
净利润QUADRHP
| Q1 26 | — | $69.4M | ||
| Q4 25 | — | $74.5M | ||
| Q3 25 | $10.2M | $34.9M | ||
| Q2 25 | $-100.0K | $71.8M | ||
| Q1 25 | $5.8M | $63.0M | ||
| Q4 24 | — | $72.3M | ||
| Q3 24 | $-24.7M | $59.0M | ||
| Q2 24 | $-2.8M | $100.8M |
毛利率QUADRHP
| Q1 26 | — | — | ||
| Q4 25 | 21.6% | 41.4% | ||
| Q3 25 | 22.8% | 40.9% | ||
| Q2 25 | 21.6% | 49.7% | ||
| Q1 25 | 20.6% | 44.4% | ||
| Q4 24 | 22.4% | 40.4% | ||
| Q3 24 | 21.8% | 43.1% | ||
| Q2 24 | 22.1% | 48.4% |
营业利润率QUADRHP
| Q1 26 | — | 20.7% | ||
| Q4 25 | 5.9% | 19.4% | ||
| Q3 25 | 4.5% | 15.0% | ||
| Q2 25 | 2.4% | 21.1% | ||
| Q1 25 | 3.1% | 19.8% | ||
| Q4 24 | 2.8% | 18.6% | ||
| Q3 24 | -0.7% | 19.3% | ||
| Q2 24 | 2.4% | 27.4% |
净利率QUADRHP
| Q1 26 | — | 10.4% | ||
| Q4 25 | — | 10.1% | ||
| Q3 25 | 1.7% | 5.9% | ||
| Q2 25 | -0.0% | 10.9% | ||
| Q1 25 | 0.9% | 10.7% | ||
| Q4 24 | — | 11.2% | ||
| Q3 24 | -3.7% | 10.7% | ||
| Q2 24 | -0.4% | 16.4% |
每股收益（稀释后）QUADRHP
| Q1 26 | — | $1.03 | ||
| Q4 25 | $0.22 | $1.12 | ||
| Q3 25 | $0.21 | $0.53 | ||
| Q2 25 | $0.00 | $1.12 | ||
| Q1 25 | $0.11 | $1.00 | ||
| Q4 24 | $0.11 | $1.12 | ||
| Q3 24 | $-0.52 | $0.94 | ||
| Q2 24 | $-0.06 | $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 | $63.3M | — |
| 总债务越低越好 | $369.9M | — |
| 股东权益账面价值 | $-59.5M | $770.8M |
| 总资产 | $1.3B | $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QUADRHP
| Q1 26 | — | — | ||
| Q4 25 | $63.3M | $471.4M | ||
| Q3 25 | $6.2M | $483.3M | ||
| Q2 25 | $6.7M | $420.6M | ||
| Q1 25 | $8.1M | $413.9M | ||
| Q4 24 | $29.2M | $477.7M | ||
| Q3 24 | $12.5M | $534.9M | ||
| Q2 24 | $12.8M | $498.4M |
总债务QUADRHP
| Q1 26 | — | — | ||
| Q4 25 | $369.9M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $377.1M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益QUADRHP
| Q1 26 | — | $770.8M | ||
| Q4 25 | $-59.5M | $750.2M | ||
| Q3 25 | $96.7M | $758.5M | ||
| Q2 25 | $87.0M | $800.4M | ||
| Q1 25 | $87.4M | $531.5M | ||
| Q4 24 | $-131.2M | $549.0M | ||
| Q3 24 | $50.9M | $551.9M | ||
| Q2 24 | $79.1M | $562.6M |
总资产QUADRHP
| Q1 26 | — | $6.2B | ||
| Q4 25 | $1.3B | $6.2B | ||
| Q3 25 | $1.3B | $6.2B | ||
| Q2 25 | $1.2B | $6.1B | ||
| Q1 25 | $1.2B | $5.2B | ||
| Q4 24 | $1.3B | $5.2B | ||
| Q3 24 | $1.4B | $5.2B | ||
| Q2 24 | $1.4B | $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 | $145.9M | — |
| 自由现金流经营现金流 - 资本支出 | $137.2M | — |
| 自由现金流率自由现金流/营收 | 21.8% | — |
| 资本支出强度资本支出/营收 | 1.4% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $50.7M | — |
8季度趋势，按日历期对齐
经营现金流QUADRHP
| Q1 26 | — | — | ||
| Q4 25 | $145.9M | $164.7M | ||
| Q3 25 | $-8.4M | $205.2M | ||
| Q2 25 | $47.4M | $122.5M | ||
| Q1 25 | $-89.0M | $98.2M | ||
| Q4 24 | $158.8M | $166.6M | ||
| Q3 24 | $2.4M | $218.1M | ||
| Q2 24 | $3.9M | $184.3M |
自由现金流QUADRHP
| Q1 26 | — | — | ||
| Q4 25 | $137.2M | $58.5M | ||
| Q3 25 | $-20.6M | $135.4M | ||
| Q2 25 | $34.4M | $53.0M | ||
| Q1 25 | $-100.3M | $-14.5M | ||
| Q4 24 | $147.3M | $76.0M | ||
| Q3 24 | $-9.8M | $85.7M | ||
| Q2 24 | $-11.7M | $78.8M |
自由现金流率QUADRHP
| Q1 26 | — | — | ||
| Q4 25 | 21.8% | 7.9% | ||
| Q3 25 | -3.5% | 22.9% | ||
| Q2 25 | 6.0% | 8.0% | ||
| Q1 25 | -15.9% | -2.5% | ||
| Q4 24 | 20.8% | 11.7% | ||
| Q3 24 | -1.5% | 15.6% | ||
| Q2 24 | -1.8% | 12.9% |
资本支出强度QUADRHP
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | 14.4% | ||
| Q3 25 | 2.1% | 11.8% | ||
| Q2 25 | 2.3% | 10.5% | ||
| Q1 25 | 1.8% | 19.2% | ||
| Q4 24 | 1.6% | 14.0% | ||
| Q3 24 | 1.8% | 24.1% | ||
| Q2 24 | 2.5% | 17.2% |
现金转化率QUADRHP
| Q1 26 | — | — | ||
| Q4 25 | — | 2.21× | ||
| Q3 25 | -0.82× | 5.88× | ||
| Q2 25 | — | 1.71× | ||
| Q1 25 | -15.34× | 1.56× | ||
| Q4 24 | — | 2.30× | ||
| Q3 24 | — | 3.70× | ||
| Q2 24 | — | 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
QUAD
| Catalog Publications Retail Inserts Books And Directories | $300.6M | 48% |
| Direct Mail And Other Printed Products | $147.1M | 23% |
| Imaging Marketing Services And Other Services | $79.8M | 13% |
| Logistic Services | $61.4M | 10% |
| Other | $39.3M | 6% |
| Other Revenues | $2.4M | 0% |
RHP
| Food and beverage | $289.3M | 44% |
| Rooms | $223.8M | 34% |
| Entertainment | $79.2M | 12% |
| Other | $72.3M | 11% |
