vs
永利度假村有限公司（RRR）与温德姆酒店及度假村集团（WH）财务数据对比。点击上方公司名可切换其他公司
永利度假村有限公司的季度营收约是温德姆酒店及度假村集团的1.5倍（$511.8M vs $334.0M）。永利度假村有限公司净利率更高（8.7% vs -18.0%，领先26.7%）。永利度假村有限公司同比增速更快（3.2% vs -0.6%）。温德姆酒店及度假村集团自由现金流更多（$136.0M vs $77.7M）。过去两年温德姆酒店及度假村集团的营收复合增速更高（4.6% vs 2.3%）
永利度假村有限公司是总部位于美国内华达州帕拉代斯的上市企业，专注于高端酒店与赌场的开发及运营。公司由前梦幻度假村集团董事长兼首席执行官史蒂夫·永利于2002年创立，现任首席执行官为克雷格·比林斯，截至2020年共开发了6处物业。
温德姆酒店及度假村集团是总部位于美国新泽西州帕西帕尼的酒店企业，自称是全球规模最大的酒店特许经营商，在全球范围内共设有9100家门店，旗下拥有多个酒店及度假住宿品牌，服务全球各地的出行旅客。
RRR vs WH — 直观对比
营收规模更大
RRR
是对方的1.5倍
$334.0M
营收增速更快
RRR
高出3.8%
-0.6%
净利率更高
RRR
高出26.7%
-18.0%
自由现金流更多
WH
多$58.3M
$77.7M
两年增速更快
WH
近两年复合增速
2.3%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $511.8M | $334.0M |
| 净利润 | $44.7M | $-60.0M |
| 毛利率 | — | — |
| 营业利润率 | 28.1% | -11.4% |
| 净利率 | 8.7% | -18.0% |
| 营收同比 | 3.2% | -0.6% |
| 净利润同比 | -4.1% | -170.6% |
| 每股收益（稀释后） | $0.74 | $-0.77 |
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RRRWH
| Q4 25 | $511.8M | $334.0M | ||
| Q3 25 | $475.6M | $382.0M | ||
| Q2 25 | $526.3M | $397.0M | ||
| Q1 25 | $497.9M | $316.0M | ||
| Q4 24 | $495.7M | $336.0M | ||
| Q3 24 | $468.0M | $396.0M | ||
| Q2 24 | $486.4M | $367.0M | ||
| Q1 24 | $488.9M | $305.0M |
净利润RRRWH
| Q4 25 | $44.7M | $-60.0M | ||
| Q3 25 | $42.3M | $105.0M | ||
| Q2 25 | $56.4M | $87.0M | ||
| Q1 25 | $44.7M | $61.0M | ||
| Q4 24 | $46.6M | $85.0M | ||
| Q3 24 | $29.0M | $102.0M | ||
| Q2 24 | $35.7M | $86.0M | ||
| Q1 24 | $42.8M | $16.0M |
营业利润率RRRWH
| Q4 25 | 28.1% | -11.4% | ||
| Q3 25 | 27.6% | 46.6% | ||
| Q2 25 | 31.9% | 37.8% | ||
| Q1 25 | 31.0% | 35.4% | ||
| Q4 24 | 28.7% | 38.4% | ||
| Q3 24 | 27.9% | 43.2% | ||
| Q2 24 | 28.8% | 39.5% | ||
| Q1 24 | 31.8% | 16.4% |
净利率RRRWH
| Q4 25 | 8.7% | -18.0% | ||
| Q3 25 | 8.9% | 27.5% | ||
| Q2 25 | 10.7% | 21.9% | ||
| Q1 25 | 9.0% | 19.3% | ||
| Q4 24 | 9.4% | 25.3% | ||
| Q3 24 | 6.2% | 25.8% | ||
| Q2 24 | 7.3% | 23.4% | ||
| Q1 24 | 8.8% | 5.2% |
每股收益（稀释后）RRRWH
| Q4 25 | $0.74 | $-0.77 | ||
| Q3 25 | $0.68 | $1.36 | ||
| Q2 25 | $0.95 | $1.13 | ||
| Q1 25 | $0.75 | $0.78 | ||
| Q4 24 | $0.78 | $1.06 | ||
| Q3 24 | $0.48 | $1.29 | ||
| Q2 24 | $0.59 | $1.07 | ||
| Q1 24 | $0.68 | $0.19 |
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 | $142.5M | $64.0M |
| 总债务越低越好 | $3.4B | $2.5B |
| 股东权益账面价值 | $208.3M | $468.0M |
| 总资产 | $4.2B | $4.2B |
| 负债/权益比越低杠杆越低 | 16.30× | 5.37× |
8季度趋势，按日历期对齐
现金及短期投资RRRWH
| Q4 25 | $142.5M | $64.0M | ||
| Q3 25 | $129.8M | $70.0M | ||
| Q2 25 | $145.2M | $50.0M | ||
| Q1 25 | $150.6M | $48.0M | ||
| Q4 24 | $164.4M | $103.0M | ||
| Q3 24 | $117.5M | $72.0M | ||
| Q2 24 | $136.4M | $70.0M | ||
| Q1 24 | $129.7M | $50.0M |
总债务RRRWH
| Q4 25 | $3.4B | $2.5B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.5B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | $3.4B | $2.4B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | — | $2.4B | ||
| Q1 24 | — | $2.2B |
股东权益RRRWH
| Q4 25 | $208.3M | $468.0M | ||
| Q3 25 | $219.6M | $583.0M | ||
| Q2 25 | $203.4M | $570.0M | ||
| Q1 25 | $247.1M | $579.0M | ||
| Q4 24 | $215.1M | $650.0M | ||
| Q3 24 | $175.5M | $583.0M | ||
| Q2 24 | $159.0M | $623.0M | ||
| Q1 24 | $135.2M | $674.0M |
总资产RRRWH
| Q4 25 | $4.2B | $4.2B | ||
| Q3 25 | $4.1B | $4.3B | ||
| Q2 25 | $4.0B | $4.3B | ||
| Q1 25 | $4.1B | $4.2B | ||
| Q4 24 | $4.0B | $4.2B | ||
| Q3 24 | $4.0B | $4.2B | ||
| Q2 24 | $4.0B | $4.2B | ||
| Q1 24 | $4.0B | $4.1B |
负债/权益比RRRWH
| Q4 25 | 16.30× | 5.37× | ||
| Q3 25 | — | 4.43× | ||
| Q2 25 | — | 4.44× | ||
| Q1 25 | — | 4.29× | ||
| Q4 24 | 15.84× | 3.72× | ||
| Q3 24 | — | 4.19× | ||
| Q2 24 | — | 3.83× | ||
| Q1 24 | — | 3.27× |
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 | $156.6M | $152.0M |
| 自由现金流经营现金流 - 资本支出 | $77.7M | $136.0M |
| 自由现金流率自由现金流/营收 | 15.2% | 40.7% |
| 资本支出强度资本支出/营收 | 15.4% | 4.8% |
| 现金转化率经营现金流/净利润 | 3.51× | — |
| 过去12个月自由现金流最近4个季度 | $290.5M | $321.0M |
8季度趋势，按日历期对齐
经营现金流RRRWH
| Q4 25 | $156.6M | $152.0M | ||
| Q3 25 | $168.3M | $86.0M | ||
| Q2 25 | $158.4M | $70.0M | ||
| Q1 25 | $126.2M | $59.0M | ||
| Q4 24 | $148.2M | $134.0M | ||
| Q3 24 | $131.0M | $79.0M | ||
| Q2 24 | $142.5M | $1.0M | ||
| Q1 24 | $126.5M | $76.0M |
自由现金流RRRWH
| Q4 25 | $77.7M | $136.0M | ||
| Q3 25 | $74.6M | $75.0M | ||
| Q2 25 | $80.3M | $58.0M | ||
| Q1 25 | $58.0M | $52.0M | ||
| Q4 24 | $121.4M | $109.0M | ||
| Q3 24 | $50.7M | $71.0M | ||
| Q2 24 | $64.0M | $-6.0M | ||
| Q1 24 | $28.4M | $67.0M |
自由现金流率RRRWH
| Q4 25 | 15.2% | 40.7% | ||
| Q3 25 | 15.7% | 19.6% | ||
| Q2 25 | 15.3% | 14.6% | ||
| Q1 25 | 11.6% | 16.5% | ||
| Q4 24 | 24.5% | 32.4% | ||
| Q3 24 | 10.8% | 17.9% | ||
| Q2 24 | 13.1% | -1.6% | ||
| Q1 24 | 5.8% | 22.0% |
资本支出强度RRRWH
| Q4 25 | 15.4% | 4.8% | ||
| Q3 25 | 19.7% | 2.9% | ||
| Q2 25 | 14.9% | 3.0% | ||
| Q1 25 | 13.7% | 2.2% | ||
| Q4 24 | 5.4% | 7.4% | ||
| Q3 24 | 17.2% | 2.0% | ||
| Q2 24 | 16.2% | 1.9% | ||
| Q1 24 | 20.1% | 3.0% |
现金转化率RRRWH
| Q4 25 | 3.51× | — | ||
| Q3 25 | 3.98× | 0.82× | ||
| Q2 25 | 2.81× | 0.80× | ||
| Q1 25 | 2.82× | 0.97× | ||
| Q4 24 | 3.18× | 1.58× | ||
| Q3 24 | 4.53× | 0.77× | ||
| Q2 24 | 4.00× | 0.01× | ||
| Q1 24 | 2.95× | 4.75× |
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
RRR
| Casino | $343.0M | 67% |
| Food And Beverage | $93.3M | 18% |
| Occupancy | $47.2M | 9% |
| Hotel Other | $24.6M | 5% |
WH
暂无分部数据
