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Ryman Hospitality Properties, Inc.（RHP）与越洋钻探（RIG）财务数据对比。点击上方公司名可切换其他公司
越洋钻探的季度营收约是Ryman Hospitality Properties, Inc.的1.4倍（$1.0B vs $737.8M），Ryman Hospitality Properties, Inc.净利率更高（10.1% vs 2.4%，领先7.7%），Ryman Hospitality Properties, Inc.同比增速更快（13.9% vs 9.6%），越洋钻探自由现金流更多（$321.0M vs $58.5M），过去两年Ryman Hospitality Properties, Inc.的营收复合增速更高（18.2% vs 16.9%）
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。
越洋钻探（Transocean Ltd.）是按营收计全球规模最大的海上钻探承包商，总部位于瑞士施泰因豪森，起源于美国，目前在加拿大、美国、挪威、英国、印度、巴西、新加坡等20个国家设有办事机构，业务覆盖全球主要海上油气开采区域。
RHP vs RIG — 直观对比
营收规模更大
RIG
是对方的1.4倍
$737.8M
营收增速更快
RHP
高出4.4%
9.6%
净利率更高
RHP
高出7.7%
2.4%
自由现金流更多
RIG
多$262.5M
$58.5M
两年增速更快
RHP
近两年复合增速
16.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $737.8M | $1.0B |
| 净利润 | $74.5M | $25.0M |
| 毛利率 | 41.4% | 42.0% |
| 营业利润率 | 19.4% | 23.0% |
| 净利率 | 10.1% | 2.4% |
| 营收同比 | 13.9% | 9.6% |
| 净利润同比 | 3.0% | 257.1% |
| 每股收益（稀释后） | $1.12 | $0.13 |
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RHPRIG
| Q4 25 | $737.8M | $1.0B | ||
| Q3 25 | $592.5M | $1.0B | ||
| Q2 25 | $659.5M | $988.0M | ||
| Q1 25 | $587.3M | $906.0M | ||
| Q4 24 | $647.6M | $952.0M | ||
| Q3 24 | $550.0M | $948.0M | ||
| Q2 24 | $613.3M | $861.0M | ||
| Q1 24 | $528.3M | $763.0M |
净利润RHPRIG
| Q4 25 | $74.5M | $25.0M | ||
| Q3 25 | $34.9M | $-1.9B | ||
| Q2 25 | $71.8M | $-938.0M | ||
| Q1 25 | $63.0M | $-79.0M | ||
| Q4 24 | $72.3M | $7.0M | ||
| Q3 24 | $59.0M | $-494.0M | ||
| Q2 24 | $100.8M | $-123.0M | ||
| Q1 24 | $42.8M | $98.0M |
毛利率RHPRIG
| Q4 25 | 41.4% | 42.0% | ||
| Q3 25 | 40.9% | 43.2% | ||
| Q2 25 | 49.7% | 39.4% | ||
| Q1 25 | 44.4% | 31.8% | ||
| Q4 24 | 40.4% | 39.2% | ||
| Q3 24 | 43.1% | 40.6% | ||
| Q2 24 | 48.4% | 38.0% | ||
| Q1 24 | 41.5% | 31.5% |
营业利润率RHPRIG
| Q4 25 | 19.4% | 23.0% | ||
| Q3 25 | 15.0% | -163.1% | ||
| Q2 25 | 21.1% | -97.6% | ||
| Q1 25 | 19.8% | 7.1% | ||
| Q4 24 | 18.6% | 13.7% | ||
| Q3 24 | 19.3% | -51.2% | ||
| Q2 24 | 27.4% | -6.9% | ||
| Q1 24 | 18.2% | -0.4% |
净利率RHPRIG
| Q4 25 | 10.1% | 2.4% | ||
| Q3 25 | 5.9% | -187.1% | ||
| Q2 25 | 10.9% | -94.9% | ||
| Q1 25 | 10.7% | -8.7% | ||
| Q4 24 | 11.2% | 0.7% | ||
| Q3 24 | 10.7% | -52.1% | ||
| Q2 24 | 16.4% | -14.3% | ||
| Q1 24 | 8.1% | 12.8% |
每股收益（稀释后）RHPRIG
| Q4 25 | $1.12 | $0.13 | ||
| Q3 25 | $0.53 | $-2.00 | ||
| Q2 25 | $1.12 | $-1.06 | ||
| Q1 25 | $1.00 | $-0.11 | ||
| Q4 24 | $1.12 | $-0.14 | ||
| Q3 24 | $0.94 | $-0.58 | ||
| Q2 24 | $1.65 | $-0.15 | ||
| Q1 24 | $0.67 | $0.11 |
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 | $471.4M | $620.0M |
| 总债务越低越好 | — | $5.2B |
| 股东权益账面价值 | $750.2M | $8.1B |
| 总资产 | $6.2B | $15.6B |
| 负债/权益比越低杠杆越低 | — | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资RHPRIG
| Q4 25 | $471.4M | $620.0M | ||
| Q3 25 | $483.3M | $833.0M | ||
| Q2 25 | $420.6M | $377.0M | ||
| Q1 25 | $413.9M | $263.0M | ||
| Q4 24 | $477.7M | $560.0M | ||
| Q3 24 | $534.9M | $435.0M | ||
| Q2 24 | $498.4M | $475.0M | ||
| Q1 24 | $465.3M | $446.0M |
总债务RHPRIG
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $5.9B | ||
| Q1 25 | — | $5.9B | ||
| Q4 24 | — | $6.2B | ||
| Q3 24 | — | $6.5B | ||
| Q2 24 | — | $6.8B | ||
| Q1 24 | — | $6.8B |
股东权益RHPRIG
| Q4 25 | $750.2M | $8.1B | ||
| Q3 25 | $758.5M | $8.1B | ||
| Q2 25 | $800.4M | $9.4B | ||
| Q1 25 | $531.5M | $10.2B | ||
| Q4 24 | $549.0M | $10.3B | ||
| Q3 24 | $551.9M | $10.2B | ||
| Q2 24 | $562.6M | $10.7B | ||
| Q1 24 | $529.9M | $10.5B |
总资产RHPRIG
| Q4 25 | $6.2B | $15.6B | ||
| Q3 25 | $6.2B | $16.2B | ||
| Q2 25 | $6.1B | $17.8B | ||
| Q1 25 | $5.2B | $19.0B | ||
| Q4 24 | $5.2B | $19.4B | ||
| Q3 24 | $5.2B | $19.5B | ||
| Q2 24 | $5.1B | $20.3B | ||
| Q1 24 | $5.1B | $19.9B |
负债/权益比RHPRIG
| Q4 25 | — | 0.64× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | — | 0.63× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | — | 0.60× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.63× | ||
| Q1 24 | — | 0.65× |
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 | $164.7M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $58.5M | $321.0M |
| 自由现金流率自由现金流/营收 | 7.9% | 30.8% |
| 资本支出强度资本支出/营收 | 14.4% | 2.7% |
| 现金转化率经营现金流/净利润 | 2.21× | 13.96× |
| 过去12个月自由现金流最近4个季度 | $232.4M | $626.0M |
8季度趋势，按日历期对齐
经营现金流RHPRIG
| Q4 25 | $164.7M | $349.0M | ||
| Q3 25 | $205.2M | $246.0M | ||
| Q2 25 | $122.5M | $128.0M | ||
| Q1 25 | $98.2M | $26.0M | ||
| Q4 24 | $166.6M | $206.0M | ||
| Q3 24 | $218.1M | $194.0M | ||
| Q2 24 | $184.3M | $133.0M | ||
| Q1 24 | $7.5M | $-86.0M |
自由现金流RHPRIG
| Q4 25 | $58.5M | $321.0M | ||
| Q3 25 | $135.4M | $235.0M | ||
| Q2 25 | $53.0M | $104.0M | ||
| Q1 25 | $-14.5M | $-34.0M | ||
| Q4 24 | $76.0M | $177.0M | ||
| Q3 24 | $85.7M | $136.0M | ||
| Q2 24 | $78.8M | $49.0M | ||
| Q1 24 | $-72.0M | $-169.0M |
自由现金流率RHPRIG
| Q4 25 | 7.9% | 30.8% | ||
| Q3 25 | 22.9% | 22.9% | ||
| Q2 25 | 8.0% | 10.5% | ||
| Q1 25 | -2.5% | -3.8% | ||
| Q4 24 | 11.7% | 18.6% | ||
| Q3 24 | 15.6% | 14.3% | ||
| Q2 24 | 12.9% | 5.7% | ||
| Q1 24 | -13.6% | -22.1% |
资本支出强度RHPRIG
| Q4 25 | 14.4% | 2.7% | ||
| Q3 25 | 11.8% | 1.1% | ||
| Q2 25 | 10.5% | 2.4% | ||
| Q1 25 | 19.2% | 6.6% | ||
| Q4 24 | 14.0% | 3.0% | ||
| Q3 24 | 24.1% | 6.1% | ||
| Q2 24 | 17.2% | 9.8% | ||
| Q1 24 | 15.0% | 10.9% |
现金转化率RHPRIG
| Q4 25 | 2.21× | 13.96× | ||
| Q3 25 | 5.88× | — | ||
| Q2 25 | 1.71× | — | ||
| Q1 25 | 1.56× | — | ||
| Q4 24 | 2.30× | 29.43× | ||
| Q3 24 | 3.70× | — | ||
| Q2 24 | 1.83× | — | ||
| Q1 24 | 0.17× | -0.88× |
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
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% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
