vs
Acadia Healthcare Company, Inc.（ACHC）与Dave & Buster's Entertainment, Inc.（PLAY）财务数据对比。点击上方公司名可切换其他公司
Acadia Healthcare Company, Inc.的季度营收约是Dave & Buster's Entertainment, Inc.的1.8倍（$821.5M vs $448.2M），Dave & Buster's Entertainment, Inc.净利率更高（-9.4% vs -143.3%，领先134.0%），Acadia Healthcare Company, Inc.同比增速更快（6.1% vs -1.1%），Dave & Buster's Entertainment, Inc.自由现金流更多（$-20.6M vs $-179.5M），过去两年Acadia Healthcare Company, Inc.的营收复合增速更高（3.4% vs -13.5%）
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。
戴夫与巴斯特娱乐是总部位于美国达拉斯的餐饮娱乐企业，旗下每家门店都配备全套服务餐厅、酒吧以及名为“百万美元 midway”的游戏游乐区。截至2024年2月，该公司共开设162家门店，其中美国本土158家，波多黎各和加拿大各设2家门店，主打餐饮与休闲娱乐融合的消费体验。
ACHC vs PLAY — 直观对比
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $821.5M | $448.2M |
| 净利润 | $-1.2B | $-42.1M |
| 毛利率 | — | 85.8% |
| 营业利润率 | -142.4% | -3.6% |
| 净利率 | -143.3% | -9.4% |
| 营收同比 | 6.1% | -1.1% |
| 净利润同比 | -3710.4% | -28.7% |
| 每股收益（稀释后） | $-12.98 | $-1.22 |
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 | $448.2M | ||
| Q3 25 | $851.6M | $557.4M | ||
| Q2 25 | $869.2M | $567.7M | ||
| Q1 25 | $770.5M | $534.5M | ||
| Q4 24 | $774.2M | $453.0M | ||
| Q3 24 | $815.6M | $557.1M | ||
| Q2 24 | $796.0M | $588.1M | ||
| Q1 24 | $768.1M | $599.0M |
| Q4 25 | $-1.2B | $-42.1M | ||
| Q3 25 | $36.2M | $11.4M | ||
| Q2 25 | $30.1M | $21.7M | ||
| Q1 25 | $8.4M | $9.3M | ||
| Q4 24 | $32.6M | $-32.7M | ||
| Q3 24 | $68.1M | $40.3M | ||
| Q2 24 | $78.5M | $41.4M | ||
| Q1 24 | $76.4M | $36.1M |
| Q4 25 | — | 85.8% | ||
| Q3 25 | — | 86.3% | ||
| Q2 25 | — | 85.5% | ||
| Q1 25 | — | 85.5% | ||
| Q4 24 | — | 85.0% | ||
| Q3 24 | — | 85.3% | ||
| Q2 24 | — | 85.2% | ||
| Q1 24 | — | 84.1% |
| Q4 25 | -142.4% | -3.6% | ||
| Q3 25 | 4.7% | 9.5% | ||
| Q2 25 | 5.8% | 11.1% | ||
| Q1 25 | 1.7% | 8.3% | ||
| Q4 24 | 4.9% | 1.4% | ||
| Q3 24 | 12.1% | 15.2% | ||
| Q2 24 | 13.4% | 14.5% | ||
| Q1 24 | 12.9% | 14.9% |
| Q4 25 | -143.3% | -9.4% | ||
| Q3 25 | 4.3% | 2.0% | ||
| Q2 25 | 3.5% | 3.8% | ||
| Q1 25 | 1.1% | 1.7% | ||
| Q4 24 | 4.2% | -7.2% | ||
| Q3 24 | 8.4% | 7.2% | ||
| Q2 24 | 9.9% | 7.0% | ||
| Q1 24 | 9.9% | 6.0% |
| Q4 25 | $-12.98 | $-1.22 | ||
| Q3 25 | $0.40 | $0.32 | ||
| Q2 25 | $0.33 | $0.62 | ||
| Q1 25 | $0.09 | $0.32 | ||
| Q4 24 | $0.36 | $-0.84 | ||
| Q3 24 | $0.74 | $0.99 | ||
| Q2 24 | $0.85 | $0.99 | ||
| Q1 24 | $0.83 | $0.95 |
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 | $13.6M |
| 总债务越低越好 | $2.5B | $1.6B |
| 股东权益账面价值 | $1.9B | $130.8M |
| 总资产 | $5.5B | $4.1B |
| 负债/权益比越低杠杆越低 | 1.28× | 12.17× |
8季度趋势，按日历期对齐
| Q4 25 | $133.2M | $13.6M | ||
| Q3 25 | $118.7M | $12.0M | ||
| Q2 25 | $131.4M | $11.9M | ||
| Q1 25 | $91.2M | $6.9M | ||
| Q4 24 | $76.3M | $8.6M | ||
| Q3 24 | $82.1M | $13.1M | ||
| Q2 24 | $77.2M | $32.1M | ||
| Q1 24 | $77.3M | $37.3M |
| Q4 25 | $2.5B | $1.6B | ||
| Q3 25 | $2.3B | $1.6B | ||
| Q2 25 | $2.3B | $1.6B | ||
| Q1 25 | $2.2B | $1.5B | ||
| Q4 24 | $2.0B | $1.5B | ||
| Q3 24 | $1.9B | $1.3B | ||
| Q2 24 | $1.8B | $1.3B | ||
| Q1 24 | $1.9B | $1.3B |
| Q4 25 | $1.9B | $130.8M | ||
| Q3 25 | $3.1B | $166.2M | ||
| Q2 25 | $3.1B | $146.8M | ||
| Q1 25 | $3.0B | $145.8M | ||
| Q4 24 | $3.1B | $226.6M | ||
| Q3 24 | $3.0B | $284.4M | ||
| Q2 24 | $3.0B | $292.5M | ||
| Q1 24 | $2.9B | $251.2M |
| Q4 25 | $5.5B | $4.1B | ||
| Q3 25 | $6.4B | $4.1B | ||
| Q2 25 | $6.3B | $4.1B | ||
| Q1 25 | $6.1B | $4.0B | ||
| Q4 24 | $6.0B | $3.9B | ||
| Q3 24 | $5.9B | $3.8B | ||
| Q2 24 | $5.7B | $3.8B | ||
| Q1 24 | $5.5B | $3.8B |
| Q4 25 | 1.28× | 12.17× | ||
| Q3 25 | 0.74× | 9.57× | ||
| Q2 25 | 0.74× | 10.98× | ||
| Q1 25 | 0.72× | 10.45× | ||
| Q4 24 | 0.64× | 6.58× | ||
| Q3 24 | 0.62× | 4.72× | ||
| Q2 24 | 0.62× | 4.58× | ||
| Q1 24 | 0.65× | 5.33× |
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 | $58.0M |
| 自由现金流经营现金流 - 资本支出 | $-179.5M | $-20.6M |
| 自由现金流率自由现金流/营收 | -21.8% | -4.6% |
| 资本支出强度资本支出/营收 | 11.3% | 17.5% |
| 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 | $-439.9M | $-195.6M |
8季度趋势，按日历期对齐
| Q4 25 | $-86.3M | $58.0M | ||
| Q3 25 | $73.2M | $34.0M | ||
| Q2 25 | $133.5M | $95.8M | ||
| Q1 25 | $11.5M | $108.9M | ||
| Q4 24 | $116.7M | $-7.2M | ||
| Q3 24 | $163.1M | $101.8M | ||
| Q2 24 | $171.1M | $108.8M | ||
| Q1 24 | $-321.3M | $97.2M |
| Q4 25 | $-179.5M | $-20.6M | ||
| Q3 25 | $-63.0M | $-55.2M | ||
| Q2 25 | $-34.2M | $-58.8M | ||
| Q1 25 | $-163.2M | $-61.0M | ||
| Q4 24 | $-86.8M | $-138.4M | ||
| Q3 24 | $-27.1M | $-14.3M | ||
| Q2 24 | $16.9M | $-4.2M | ||
| Q1 24 | $-463.7M | $-25.4M |
| Q4 25 | -21.8% | -4.6% | ||
| Q3 25 | -7.4% | -9.9% | ||
| Q2 25 | -3.9% | -10.4% | ||
| Q1 25 | -21.2% | -11.4% | ||
| Q4 24 | -11.2% | -30.6% | ||
| Q3 24 | -3.3% | -2.6% | ||
| Q2 24 | 2.1% | -0.7% | ||
| Q1 24 | -60.4% | -4.2% |
| Q4 25 | 11.3% | 17.5% | ||
| Q3 25 | 16.0% | 16.0% | ||
| Q2 25 | 19.3% | 27.2% | ||
| Q1 25 | 22.7% | 31.8% | ||
| Q4 24 | 26.3% | 29.0% | ||
| Q3 24 | 23.3% | 20.8% | ||
| Q2 24 | 19.4% | 19.2% | ||
| Q1 24 | 18.5% | 20.5% |
| Q4 25 | — | — | ||
| Q3 25 | 2.02× | 2.98× | ||
| Q2 25 | 4.43× | 4.41× | ||
| Q1 25 | 1.37× | 11.71× | ||
| Q4 24 | 3.58× | — | ||
| Q3 24 | 2.39× | 2.53× | ||
| Q2 24 | 2.18× | 2.63× | ||
| Q1 24 | -4.21× | 2.69× |
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% |
PLAY
| Game Play Credit Usage | $273.1M | 61% |
| Food And Nonalcoholic Beverages | $115.1M | 26% |
| Alcoholic Beverage | $53.7M | 12% |
| Other Entertainment | $6.3M | 1% |
| Gift Card Revenue | $3.5M | 1% |
