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Addus HomeCare Corp（ADUS）与Forestar Group Inc.（FOR）财务数据对比。点击上方公司名可切换其他公司
Addus HomeCare Corp的季度营收约是Forestar Group Inc.的1.4倍（$373.1M vs $273.0M），Addus HomeCare Corp净利率更高（8.0% vs 5.6%，领先2.3%），Addus HomeCare Corp同比增速更快（25.6% vs 9.0%），Addus HomeCare Corp自由现金流更多（$16.1M vs $-157.1M），过去两年Addus HomeCare Corp的营收复合增速更高（15.3% vs -9.6%）
Addus HomeCare Corp是一家总部位于美国的家庭护理服务提供商，主要为老年人、残障人士及慢性病患者提供个人护理、居家健康支持、临终关怀等服务，业务覆盖美国多个州，合作方包括政府支付机构、私营保险公司及个人客户。
福雷斯特集团是一家住宅地块开发企业，总部位于得克萨斯州阿灵顿，业务覆盖美国21个州的51个市场。截至2020年12月31日的12个月内，该公司交付了11518块住宅地块，目前在纽约证券交易所上市，自2002年起就是美国规模最大的住宅建筑商D.R. Horton的控股子公司。
ADUS vs FOR — 直观对比
营收规模更大
ADUS
是对方的1.4倍
$273.0M
营收增速更快
ADUS
高出16.5%
9.0%
净利率更高
ADUS
高出2.3%
5.6%
自由现金流更多
ADUS
多$173.2M
$-157.1M
两年增速更快
ADUS
近两年复合增速
-9.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $373.1M | $273.0M |
| 净利润 | $29.8M | $15.4M |
| 毛利率 | 33.1% | 20.1% |
| 营业利润率 | 11.3% | 7.6% |
| 净利率 | 8.0% | 5.6% |
| 营收同比 | 25.6% | 9.0% |
| 净利润同比 | 52.5% | -6.7% |
| 每股收益（稀释后） | $1.62 | $0.30 |
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ADUSFOR
| Q4 25 | $373.1M | $273.0M | ||
| Q3 25 | $362.3M | $670.5M | ||
| Q2 25 | $349.4M | $390.5M | ||
| Q1 25 | $337.7M | $351.0M | ||
| Q4 24 | $297.1M | $250.4M | ||
| Q3 24 | $289.8M | $551.3M | ||
| Q2 24 | $286.9M | $318.4M | ||
| Q1 24 | $280.7M | $333.8M |
净利润ADUSFOR
| Q4 25 | $29.8M | $15.4M | ||
| Q3 25 | $22.8M | $86.9M | ||
| Q2 25 | $22.1M | $32.9M | ||
| Q1 25 | $21.2M | $31.6M | ||
| Q4 24 | $19.5M | $16.5M | ||
| Q3 24 | $20.2M | $81.5M | ||
| Q2 24 | $18.1M | $38.7M | ||
| Q1 24 | $15.8M | $45.0M |
毛利率ADUSFOR
| Q4 25 | 33.1% | 20.1% | ||
| Q3 25 | 32.2% | 22.3% | ||
| Q2 25 | 32.6% | 20.4% | ||
| Q1 25 | 31.9% | 22.6% | ||
| Q4 24 | 34.2% | 22.0% | ||
| Q3 24 | 31.8% | 23.9% | ||
| Q2 24 | 32.5% | 22.5% | ||
| Q1 24 | 31.4% | 24.9% |
营业利润率ADUSFOR
| Q4 25 | 11.3% | 7.6% | ||
| Q3 25 | 9.1% | 16.9% | ||
| Q2 25 | 9.4% | 11.2% | ||
| Q1 25 | 9.0% | 11.6% | ||
| Q4 24 | 9.1% | 8.7% | ||
| Q3 24 | 9.0% | 19.7% | ||
| Q2 24 | 9.1% | 16.2% | ||
| Q1 24 | 8.4% | 17.6% |
净利率ADUSFOR
| Q4 25 | 8.0% | 5.6% | ||
| Q3 25 | 6.3% | 13.0% | ||
| Q2 25 | 6.3% | 8.4% | ||
| Q1 25 | 6.3% | 9.0% | ||
| Q4 24 | 6.6% | 6.6% | ||
| Q3 24 | 7.0% | 14.8% | ||
| Q2 24 | 6.3% | 12.2% | ||
| Q1 24 | 5.6% | 13.5% |
每股收益（稀释后）ADUSFOR
| Q4 25 | $1.62 | $0.30 | ||
| Q3 25 | $1.24 | $1.70 | ||
| Q2 25 | $1.20 | $0.65 | ||
| Q1 25 | $1.16 | $0.62 | ||
| Q4 24 | $1.06 | $0.32 | ||
| Q3 24 | $1.10 | $1.59 | ||
| Q2 24 | $1.10 | $0.76 | ||
| Q1 24 | $0.97 | $0.89 |
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 | — | $211.7M |
| 总债务越低越好 | $121.0M | $793.2M |
| 股东权益账面价值 | $1.1B | $1.8B |
| 总资产 | $1.4B | $3.2B |
| 负债/权益比越低杠杆越低 | 0.11× | 0.44× |
8季度趋势，按日历期对齐
现金及短期投资ADUSFOR
| Q4 25 | — | $211.7M | ||
| Q3 25 | — | $379.2M | ||
| Q2 25 | — | $189.2M | ||
| Q1 25 | $97.0M | $174.3M | ||
| Q4 24 | $98.9M | $132.0M | ||
| Q3 24 | $222.9M | $481.2M | ||
| Q2 24 | $173.3M | $359.2M | ||
| Q1 24 | $76.7M | $416.2M |
总债务ADUSFOR
| Q4 25 | $121.0M | $793.2M | ||
| Q3 25 | $150.6M | $802.7M | ||
| Q2 25 | $169.1M | $872.8M | ||
| Q1 25 | — | $872.5M | ||
| Q4 24 | $218.4M | $806.8M | ||
| Q3 24 | — | $706.4M | ||
| Q2 24 | — | $706.1M | ||
| Q1 24 | — | $705.7M |
股东权益ADUSFOR
| Q4 25 | $1.1B | $1.8B | ||
| Q3 25 | $1.0B | $1.8B | ||
| Q2 25 | $1.0B | $1.7B | ||
| Q1 25 | $995.4M | $1.6B | ||
| Q4 24 | $970.5M | $1.6B | ||
| Q3 24 | $947.6M | $1.6B | ||
| Q2 24 | $921.7M | $1.5B | ||
| Q1 24 | $725.1M | $1.5B |
总资产ADUSFOR
| Q4 25 | $1.4B | $3.2B | ||
| Q3 25 | $1.4B | $3.1B | ||
| Q2 25 | $1.4B | $3.1B | ||
| Q1 25 | $1.4B | $3.0B | ||
| Q4 24 | $1.4B | $3.0B | ||
| Q3 24 | $1.2B | $2.8B | ||
| Q2 24 | $1.1B | $2.7B | ||
| Q1 24 | $1.0B | $2.6B |
负债/权益比ADUSFOR
| Q4 25 | 0.11× | 0.44× | ||
| Q3 25 | 0.14× | 0.45× | ||
| Q2 25 | 0.17× | 0.52× | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | 0.23× | 0.50× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.47× | ||
| Q1 24 | — | 0.48× |
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 | $18.8M | $-157.0M |
| 自由现金流经营现金流 - 资本支出 | $16.1M | $-157.1M |
| 自由现金流率自由现金流/营收 | 4.3% | -57.5% |
| 资本支出强度资本支出/营收 | 0.7% | 0.0% |
| 现金转化率经营现金流/净利润 | 0.63× | -10.19× |
| 过去12个月自由现金流最近4个季度 | $103.8M | $93.0M |
8季度趋势，按日历期对齐
经营现金流ADUSFOR
| Q4 25 | $18.8M | $-157.0M | ||
| Q3 25 | $51.3M | $256.3M | ||
| Q2 25 | $22.5M | $15.8M | ||
| Q1 25 | $18.9M | $-19.8M | ||
| Q4 24 | $10.4M | $-450.0M | ||
| Q3 24 | $48.5M | $119.2M | ||
| Q2 24 | $18.8M | $-61.7M | ||
| Q1 24 | $38.7M | $-59.2M |
自由现金流ADUSFOR
| Q4 25 | $16.1M | $-157.1M | ||
| Q3 25 | $49.3M | $255.6M | ||
| Q2 25 | $21.3M | $15.0M | ||
| Q1 25 | $17.1M | $-20.5M | ||
| Q4 24 | $8.7M | — | ||
| Q3 24 | $46.6M | $118.4M | ||
| Q2 24 | $17.7M | $-62.3M | ||
| Q1 24 | $37.3M | $-59.8M |
自由现金流率ADUSFOR
| Q4 25 | 4.3% | -57.5% | ||
| Q3 25 | 13.6% | 38.1% | ||
| Q2 25 | 6.1% | 3.8% | ||
| Q1 25 | 5.1% | -5.8% | ||
| Q4 24 | 2.9% | — | ||
| Q3 24 | 16.1% | 21.5% | ||
| Q2 24 | 6.2% | -19.6% | ||
| Q1 24 | 13.3% | -17.9% |
资本支出强度ADUSFOR
| Q4 25 | 0.7% | 0.0% | ||
| Q3 25 | 0.5% | 0.1% | ||
| Q2 25 | 0.4% | 0.2% | ||
| Q1 25 | 0.6% | 0.2% | ||
| Q4 24 | 0.6% | 0.0% | ||
| Q3 24 | 0.7% | 0.1% | ||
| Q2 24 | 0.4% | 0.2% | ||
| Q1 24 | 0.5% | 0.2% |
现金转化率ADUSFOR
| Q4 25 | 0.63× | -10.19× | ||
| Q3 25 | 2.24× | 2.95× | ||
| Q2 25 | 1.02× | 0.48× | ||
| Q1 25 | 0.89× | -0.63× | ||
| Q4 24 | 0.53× | -27.27× | ||
| Q3 24 | 2.41× | 1.46× | ||
| Q2 24 | 1.04× | -1.59× | ||
| Q1 24 | 2.44× | -1.32× |
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
ADUS
| Personal Care | $286.0M | 77% |
| Hospice | $70.0M | 19% |
| Home Health | $17.1M | 5% |
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
