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Acadia Healthcare Company, Inc.（ACHC）与Academy Sports & Outdoors, Inc.（ASO）财务数据对比。点击上方公司名可切换其他公司
Academy Sports & Outdoors, Inc.的季度营收约是Acadia Healthcare Company, Inc.的1.7倍（$1.4B vs $821.5M），Academy Sports & Outdoors, Inc.净利率更高（5.2% vs -143.3%，领先148.5%），Acadia Healthcare Company, Inc.同比增速更快（6.1% vs 3.0%），Academy Sports & Outdoors, Inc.自由现金流更多（$-13.6M vs $-179.5M），过去两年Acadia Healthcare Company, Inc.的营收复合增速更高（3.4% vs -12.2%）
阿卡迪亚医疗公司是美国的营利性行为医疗健康服务提供商，目前在美国及波多黎各地区运营着超过225家医疗机构，搭建了覆盖广泛的行为健康服务网络，为有相关需求的人群提供专业的心理健康与行为干预服务。
Academy Sports & Outdoors是美国知名的运动户外用品连锁零售商，总部位于得克萨斯州哈里斯县，临近休斯顿。品牌曾由戈奇曼家族私有运营74年，2011年被私募机构KKR收购，2020年10月于纳斯达克挂牌上市，旗下门店主营各类运动装备、户外休闲用品等品类。
ACHC vs ASO — 直观对比
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $821.5M | $1.4B |
| 净利润 | $-1.2B | $71.6M |
| 毛利率 | — | 35.7% |
| 营业利润率 | -142.4% | 7.3% |
| 净利率 | -143.3% | 5.2% |
| 营收同比 | 6.1% | 3.0% |
| 净利润同比 | -3710.4% | 8.8% |
| 每股收益（稀释后） | $-12.98 | $1.05 |
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
| Q4 25 | $821.5M | $1.4B | ||
| Q3 25 | $851.6M | $1.6B | ||
| Q2 25 | $869.2M | $1.4B | ||
| Q1 25 | $770.5M | $1.7B | ||
| Q4 24 | $774.2M | $1.3B | ||
| Q3 24 | $815.6M | $1.5B | ||
| Q2 24 | $796.0M | $1.4B | ||
| Q1 24 | $768.1M | $1.8B |
| Q4 25 | $-1.2B | $71.6M | ||
| Q3 25 | $36.2M | $125.4M | ||
| Q2 25 | $30.1M | $46.1M | ||
| Q1 25 | $8.4M | $133.6M | ||
| Q4 24 | $32.6M | $65.8M | ||
| Q3 24 | $68.1M | $142.6M | ||
| Q2 24 | $78.5M | $76.5M | ||
| Q1 24 | $76.4M | $168.2M |
| Q4 25 | — | 35.7% | ||
| Q3 25 | — | 36.0% | ||
| Q2 25 | — | 34.0% | ||
| Q1 25 | — | 32.2% | ||
| Q4 24 | — | 34.0% | ||
| Q3 24 | — | 36.1% | ||
| Q2 24 | — | 33.4% | ||
| Q1 24 | — | 33.3% |
| Q4 25 | -142.4% | 7.3% | ||
| Q3 25 | 4.7% | 10.8% | ||
| Q2 25 | 5.8% | 5.1% | ||
| Q1 25 | 1.7% | 9.2% | ||
| Q4 24 | 4.9% | 6.8% | ||
| Q3 24 | 12.1% | 12.3% | ||
| Q2 24 | 13.4% | 7.5% | ||
| Q1 24 | 12.9% | 11.4% |
| Q4 25 | -143.3% | 5.2% | ||
| Q3 25 | 4.3% | 7.8% | ||
| Q2 25 | 3.5% | 3.4% | ||
| Q1 25 | 1.1% | 8.0% | ||
| Q4 24 | 4.2% | 4.9% | ||
| Q3 24 | 8.4% | 9.2% | ||
| Q2 24 | 9.9% | 5.6% | ||
| Q1 24 | 9.9% | 9.4% |
| Q4 25 | $-12.98 | $1.05 | ||
| Q3 25 | $0.40 | $1.85 | ||
| Q2 25 | $0.33 | $0.68 | ||
| Q1 25 | $0.09 | $1.85 | ||
| Q4 24 | $0.36 | $0.92 | ||
| Q3 24 | $0.74 | $1.95 | ||
| Q2 24 | $0.85 | $1.01 | ||
| Q1 24 | $0.83 | $2.19 |
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 | $133.2M | $289.5M |
| 总债务越低越好 | $2.5B | — |
| 股东权益账面价值 | $1.9B | $2.1B |
| 总资产 | $5.5B | $5.4B |
| 负债/权益比越低杠杆越低 | 1.28× | — |
8季度趋势，按日历期对齐
| Q4 25 | $133.2M | $289.5M | ||
| Q3 25 | $118.7M | $300.9M | ||
| Q2 25 | $131.4M | $285.1M | ||
| Q1 25 | $91.2M | $288.9M | ||
| Q4 24 | $76.3M | $296.0M | ||
| Q3 24 | $82.1M | $324.6M | ||
| Q2 24 | $77.2M | $378.1M | ||
| Q1 24 | $77.3M | $347.9M |
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $1.8B | — | ||
| Q1 24 | $1.9B | — |
| Q4 25 | $1.9B | $2.1B | ||
| Q3 25 | $3.1B | $2.1B | ||
| Q2 25 | $3.1B | $1.9B | ||
| Q1 25 | $3.0B | $2.0B | ||
| Q4 24 | $3.1B | $2.0B | ||
| Q3 24 | $3.0B | $2.0B | ||
| Q2 24 | $3.0B | $1.9B | ||
| Q1 24 | $2.9B | $2.0B |
| Q4 25 | $5.5B | $5.4B | ||
| Q3 25 | $6.4B | $5.3B | ||
| Q2 25 | $6.3B | $5.2B | ||
| Q1 25 | $6.1B | $4.9B | ||
| Q4 24 | $6.0B | $5.1B | ||
| Q3 24 | $5.9B | $4.9B | ||
| Q2 24 | $5.7B | $4.9B | ||
| Q1 24 | $5.5B | $4.7B |
| Q4 25 | 1.28× | — | ||
| Q3 25 | 0.74× | — | ||
| Q2 25 | 0.74× | — | ||
| Q1 25 | 0.72× | — | ||
| Q4 24 | 0.64× | — | ||
| Q3 24 | 0.62× | — | ||
| Q2 24 | 0.62× | — | ||
| 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 | $-86.3M | $49.0M |
| 自由现金流经营现金流 - 资本支出 | $-179.5M | $-13.6M |
| 自由现金流率自由现金流/营收 | -21.8% | -1.0% |
| 资本支出强度资本支出/营收 | 11.3% | 4.5% |
| 现金转化率经营现金流/净利润 | — | 0.68× |
| 过去12个月自由现金流最近4个季度 | $-439.9M | $191.4M |
8季度趋势，按日历期对齐
| Q4 25 | $-86.3M | $49.0M | ||
| Q3 25 | $73.2M | $78.6M | ||
| Q2 25 | $133.5M | $157.5M | ||
| Q1 25 | $11.5M | $140.2M | ||
| Q4 24 | $116.7M | $96.9M | ||
| Q3 24 | $163.1M | $91.3M | ||
| Q2 24 | $171.1M | $199.7M | ||
| Q1 24 | $-321.3M | $234.7M |
| Q4 25 | $-179.5M | $-13.6M | ||
| Q3 25 | $-63.0M | $21.8M | ||
| Q2 25 | $-34.2M | $106.6M | ||
| Q1 25 | $-163.2M | $76.4M | ||
| Q4 24 | $-86.8M | $34.4M | ||
| Q3 24 | $-27.1M | $50.1M | ||
| Q2 24 | $16.9M | $167.4M | ||
| Q1 24 | $-463.7M | $178.9M |
| Q4 25 | -21.8% | -1.0% | ||
| Q3 25 | -7.4% | 1.4% | ||
| Q2 25 | -3.9% | 7.9% | ||
| Q1 25 | -21.2% | 4.6% | ||
| Q4 24 | -11.2% | 2.6% | ||
| Q3 24 | -3.3% | 3.2% | ||
| Q2 24 | 2.1% | 12.3% | ||
| Q1 24 | -60.4% | 10.0% |
| Q4 25 | 11.3% | 4.5% | ||
| Q3 25 | 16.0% | 3.5% | ||
| Q2 25 | 19.3% | 3.8% | ||
| Q1 25 | 22.7% | 3.8% | ||
| Q4 24 | 26.3% | 4.6% | ||
| Q3 24 | 23.3% | 2.7% | ||
| Q2 24 | 19.4% | 2.4% | ||
| Q1 24 | 18.5% | 3.1% |
| Q4 25 | — | 0.68× | ||
| Q3 25 | 2.02× | 0.63× | ||
| Q2 25 | 4.43× | 3.42× | ||
| Q1 25 | 1.37× | 1.05× | ||
| Q4 24 | 3.58× | 1.47× | ||
| Q3 24 | 2.39× | 0.64× | ||
| Q2 24 | 2.18× | 2.61× | ||
| Q1 24 | -4.21× | 1.40× |
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
ACHC
| Acute Inpatient Psychiatric Facilities | $451.2M | 55% |
| Comprehensive Treatment Centers | $144.2M | 18% |
| Medicare | $113.7M | 14% |
| Residential Treatment Centers | $89.7M | 11% |
| Self Payor | $16.1M | 2% |
| Other Payor | $10.7M | 1% |
ASO
| Outdoors | $445.1M | 32% |
| Apparel | $349.8M | 25% |
| Footwear | $292.4M | 21% |
| Sports And Recreation | $288.7M | 21% |
| Other | $7.6M | 1% |
