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Ryman Hospitality Properties, Inc.（RHP）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
RXO, Inc.的季度营收约是Ryman Hospitality Properties, Inc.的2.0倍（$1.5B vs $737.8M），Ryman Hospitality Properties, Inc.净利率更高（10.1% vs -3.1%，领先13.2%），Ryman Hospitality Properties, Inc.同比增速更快（13.9% vs -11.9%），Ryman Hospitality Properties, Inc.自由现金流更多（$58.5M vs $-9.0M），过去两年RXO, Inc.的营收复合增速更高（26.8% vs 18.2%）
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。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
RHP vs RXO — 直观对比
营收规模更大
RXO
是对方的2.0倍
$737.8M
营收增速更快
RHP
高出25.8%
-11.9%
净利率更高
RHP
高出13.2%
-3.1%
自由现金流更多
RHP
多$67.5M
$-9.0M
两年增速更快
RXO
近两年复合增速
18.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $737.8M | $1.5B |
| 净利润 | $74.5M | $-46.0M |
| 毛利率 | 41.4% | — |
| 营业利润率 | 19.4% | -2.9% |
| 净利率 | 10.1% | -3.1% |
| 营收同比 | 13.9% | -11.9% |
| 净利润同比 | 3.0% | -84.0% |
| 每股收益（稀释后） | $1.12 | $-0.28 |
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RHPRXO
| Q4 25 | $737.8M | $1.5B | ||
| Q3 25 | $592.5M | $1.4B | ||
| Q2 25 | $659.5M | $1.4B | ||
| Q1 25 | $587.3M | $1.4B | ||
| Q4 24 | $647.6M | $1.7B | ||
| Q3 24 | $550.0M | $1.0B | ||
| Q2 24 | $613.3M | $930.0M | ||
| Q1 24 | $528.3M | $913.0M |
净利润RHPRXO
| Q4 25 | $74.5M | $-46.0M | ||
| Q3 25 | $34.9M | $-14.0M | ||
| Q2 25 | $71.8M | $-9.0M | ||
| Q1 25 | $63.0M | $-31.0M | ||
| Q4 24 | $72.3M | $-25.0M | ||
| Q3 24 | $59.0M | $-243.0M | ||
| Q2 24 | $100.8M | $-7.0M | ||
| Q1 24 | $42.8M | $-15.0M |
毛利率RHPRXO
| Q4 25 | 41.4% | — | ||
| Q3 25 | 40.9% | — | ||
| Q2 25 | 49.7% | — | ||
| Q1 25 | 44.4% | — | ||
| Q4 24 | 40.4% | — | ||
| Q3 24 | 43.1% | — | ||
| Q2 24 | 48.4% | — | ||
| Q1 24 | 41.5% | — |
营业利润率RHPRXO
| Q4 25 | 19.4% | -2.9% | ||
| Q3 25 | 15.0% | -0.5% | ||
| Q2 25 | 21.1% | — | ||
| Q1 25 | 19.8% | -2.1% | ||
| Q4 24 | 18.6% | -1.4% | ||
| Q3 24 | 19.3% | -1.9% | ||
| Q2 24 | 27.4% | — | ||
| Q1 24 | 18.2% | -1.3% |
净利率RHPRXO
| Q4 25 | 10.1% | -3.1% | ||
| Q3 25 | 5.9% | -1.0% | ||
| Q2 25 | 10.9% | -0.6% | ||
| Q1 25 | 10.7% | -2.2% | ||
| Q4 24 | 11.2% | -1.5% | ||
| Q3 24 | 10.7% | -23.4% | ||
| Q2 24 | 16.4% | -0.8% | ||
| Q1 24 | 8.1% | -1.6% |
每股收益（稀释后）RHPRXO
| Q4 25 | $1.12 | $-0.28 | ||
| Q3 25 | $0.53 | $-0.08 | ||
| Q2 25 | $1.12 | $-0.05 | ||
| Q1 25 | $1.00 | $-0.18 | ||
| Q4 24 | $1.12 | $-0.17 | ||
| Q3 24 | $0.94 | $-1.81 | ||
| Q2 24 | $1.65 | $-0.06 | ||
| Q1 24 | $0.67 | $-0.13 |
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 | $17.0M |
| 总债务越低越好 | — | $387.0M |
| 股东权益账面价值 | $750.2M | $1.5B |
| 总资产 | $6.2B | $3.3B |
| 负债/权益比越低杠杆越低 | — | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资RHPRXO
| Q4 25 | $471.4M | $17.0M | ||
| Q3 25 | $483.3M | $25.0M | ||
| Q2 25 | $420.6M | $18.0M | ||
| Q1 25 | $413.9M | $16.0M | ||
| Q4 24 | $477.7M | $35.0M | ||
| Q3 24 | $534.9M | $55.0M | ||
| Q2 24 | $498.4M | $7.0M | ||
| Q1 24 | $465.3M | $7.0M |
总债务RHPRXO
| Q4 25 | — | $387.0M | ||
| Q3 25 | — | $387.0M | ||
| Q2 25 | — | $387.0M | ||
| Q1 25 | — | $387.0M | ||
| Q4 24 | — | $351.0M | ||
| Q3 24 | — | $352.0M | ||
| Q2 24 | — | $370.0M | ||
| Q1 24 | — | $351.0M |
股东权益RHPRXO
| Q4 25 | $750.2M | $1.5B | ||
| Q3 25 | $758.5M | $1.6B | ||
| Q2 25 | $800.4M | $1.6B | ||
| Q1 25 | $531.5M | $1.6B | ||
| Q4 24 | $549.0M | $1.6B | ||
| Q3 24 | $551.9M | $1.7B | ||
| Q2 24 | $562.6M | $579.0M | ||
| Q1 24 | $529.9M | $582.0M |
总资产RHPRXO
| Q4 25 | $6.2B | $3.3B | ||
| Q3 25 | $6.2B | $3.2B | ||
| Q2 25 | $6.1B | $3.2B | ||
| Q1 25 | $5.2B | $3.3B | ||
| Q4 24 | $5.2B | $3.4B | ||
| Q3 24 | $5.2B | $3.4B | ||
| Q2 24 | $5.1B | $1.8B | ||
| Q1 24 | $5.1B | $1.8B |
负债/权益比RHPRXO
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.64× | ||
| Q1 24 | — | 0.60× |
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 | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $58.5M | $-9.0M |
| 自由现金流率自由现金流/营收 | 7.9% | -0.6% |
| 资本支出强度资本支出/营收 | 14.4% | 1.1% |
| 现金转化率经营现金流/净利润 | 2.21× | — |
| 过去12个月自由现金流最近4个季度 | $232.4M | $-8.0M |
8季度趋势，按日历期对齐
经营现金流RHPRXO
| Q4 25 | $164.7M | $7.0M | ||
| Q3 25 | $205.2M | $23.0M | ||
| Q2 25 | $122.5M | $23.0M | ||
| Q1 25 | $98.2M | $-2.0M | ||
| Q4 24 | $166.6M | $-7.0M | ||
| Q3 24 | $218.1M | $-7.0M | ||
| Q2 24 | $184.3M | $-5.0M | ||
| Q1 24 | $7.5M | $7.0M |
自由现金流RHPRXO
| Q4 25 | $58.5M | $-9.0M | ||
| Q3 25 | $135.4M | $9.0M | ||
| Q2 25 | $53.0M | $9.0M | ||
| Q1 25 | $-14.5M | $-17.0M | ||
| Q4 24 | $76.0M | $-19.0M | ||
| Q3 24 | $85.7M | $-18.0M | ||
| Q2 24 | $78.8M | $-16.0M | ||
| Q1 24 | $-72.0M | $-4.0M |
自由现金流率RHPRXO
| Q4 25 | 7.9% | -0.6% | ||
| Q3 25 | 22.9% | 0.6% | ||
| Q2 25 | 8.0% | 0.6% | ||
| Q1 25 | -2.5% | -1.2% | ||
| Q4 24 | 11.7% | -1.1% | ||
| Q3 24 | 15.6% | -1.7% | ||
| Q2 24 | 12.9% | -1.7% | ||
| Q1 24 | -13.6% | -0.4% |
资本支出强度RHPRXO
| Q4 25 | 14.4% | 1.1% | ||
| Q3 25 | 11.8% | 1.0% | ||
| Q2 25 | 10.5% | 1.0% | ||
| Q1 25 | 19.2% | 1.0% | ||
| Q4 24 | 14.0% | 0.7% | ||
| Q3 24 | 24.1% | 1.1% | ||
| Q2 24 | 17.2% | 1.2% | ||
| Q1 24 | 15.0% | 1.2% |
现金转化率RHPRXO
| Q4 25 | 2.21× | — | ||
| Q3 25 | 5.88× | — | ||
| Q2 25 | 1.71× | — | ||
| Q1 25 | 1.56× | — | ||
| Q4 24 | 2.30× | — | ||
| Q3 24 | 3.70× | — | ||
| Q2 24 | 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
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% |
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
