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Addus HomeCare Corp（ADUS）与胜牌（VVV）财务数据对比。点击上方公司名可切换其他公司
胜牌的季度营收约是Addus HomeCare Corp的1.2倍（$461.8M vs $373.1M），Addus HomeCare Corp净利率更高（8.0% vs -7.1%，领先15.1%），Addus HomeCare Corp同比增速更快（25.6% vs 11.5%），Addus HomeCare Corp自由现金流更多（$16.1M vs $7.4M），过去两年Addus HomeCare Corp的营收复合增速更高（15.3% vs 9.0%）
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。
胜牌公司是总部位于美国肯塔基州列克星敦的汽车零售服务企业，授权推出多款胜牌 branded 的车用机油、添加剂及润滑油产品，旗下拥有胜牌即时换油、加拿大卓越换油、胜牌快速护理等汽车维修连锁品牌。截至2023年，胜牌是美国第二大换油服务提供商，市场份额达10%，门店数量超1650家。
ADUS vs VVV — 直观对比
营收规模更大
VVV
是对方的1.2倍
$373.1M
营收增速更快
ADUS
高出14.1%
11.5%
净利率更高
ADUS
高出15.1%
-7.1%
自由现金流更多
ADUS
多$8.7M
$7.4M
两年增速更快
ADUS
近两年复合增速
9.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $373.1M | $461.8M |
| 净利润 | $29.8M | $-32.8M |
| 毛利率 | 33.1% | 37.4% |
| 营业利润率 | 11.3% | 4.0% |
| 净利率 | 8.0% | -7.1% |
| 营收同比 | 25.6% | 11.5% |
| 净利润同比 | 52.5% | -135.8% |
| 每股收益（稀释后） | $1.62 | $-0.26 |
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ADUSVVV
| Q4 25 | $373.1M | $461.8M | ||
| Q3 25 | $362.3M | $453.8M | ||
| Q2 25 | $349.4M | $439.0M | ||
| Q1 25 | $337.7M | $403.2M | ||
| Q4 24 | $297.1M | $414.3M | ||
| Q3 24 | $289.8M | $435.5M | ||
| Q2 24 | $286.9M | $421.4M | ||
| Q1 24 | $280.7M | $388.7M |
净利润ADUSVVV
| Q4 25 | $29.8M | $-32.8M | ||
| Q3 25 | $22.8M | $25.0M | ||
| Q2 25 | $22.1M | $56.5M | ||
| Q1 25 | $21.2M | $37.6M | ||
| Q4 24 | $19.5M | $91.6M | ||
| Q3 24 | $20.2M | $92.3M | ||
| Q2 24 | $18.1M | $45.9M | ||
| Q1 24 | $15.8M | $41.4M |
毛利率ADUSVVV
| Q4 25 | 33.1% | 37.4% | ||
| Q3 25 | 32.2% | 39.1% | ||
| Q2 25 | 32.6% | 40.5% | ||
| Q1 25 | 31.9% | 37.3% | ||
| Q4 24 | 34.2% | 36.9% | ||
| Q3 24 | 31.8% | 39.1% | ||
| Q2 24 | 32.5% | 39.7% | ||
| Q1 24 | 31.4% | 37.6% |
营业利润率ADUSVVV
| Q4 25 | 11.3% | 4.0% | ||
| Q3 25 | 9.1% | 18.6% | ||
| Q2 25 | 9.4% | 21.6% | ||
| Q1 25 | 9.0% | 16.6% | ||
| Q4 24 | 9.1% | 34.7% | ||
| Q3 24 | 9.0% | 30.9% | ||
| Q2 24 | 9.1% | 22.2% | ||
| Q1 24 | 8.4% | 19.7% |
净利率ADUSVVV
| Q4 25 | 8.0% | -7.1% | ||
| Q3 25 | 6.3% | 5.5% | ||
| Q2 25 | 6.3% | 12.9% | ||
| Q1 25 | 6.3% | 9.3% | ||
| Q4 24 | 6.6% | 22.1% | ||
| Q3 24 | 7.0% | 21.2% | ||
| Q2 24 | 6.3% | 10.9% | ||
| Q1 24 | 5.6% | 10.7% |
每股收益（稀释后）ADUSVVV
| Q4 25 | $1.62 | $-0.26 | ||
| Q3 25 | $1.24 | $0.20 | ||
| Q2 25 | $1.20 | $0.44 | ||
| Q1 25 | $1.16 | $0.29 | ||
| Q4 24 | $1.06 | $0.71 | ||
| Q3 24 | $1.10 | $0.70 | ||
| Q2 24 | $1.10 | $0.35 | ||
| Q1 24 | $0.97 | $0.32 |
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 | — | $69.9M |
| 总债务越低越好 | $121.0M | — |
| 股东权益账面价值 | $1.1B | $307.6M |
| 总资产 | $1.4B | $3.4B |
| 负债/权益比越低杠杆越低 | 0.11× | — |
8季度趋势，按日历期对齐
现金及短期投资ADUSVVV
| Q4 25 | — | $69.9M | ||
| Q3 25 | — | $51.6M | ||
| Q2 25 | — | $68.3M | ||
| Q1 25 | $97.0M | $61.9M | ||
| Q4 24 | $98.9M | $60.0M | ||
| Q3 24 | $222.9M | $68.3M | ||
| Q2 24 | $173.3M | $65.7M | ||
| Q1 24 | $76.7M | $494.5M |
总债务ADUSVVV
| Q4 25 | $121.0M | — | ||
| Q3 25 | $150.6M | — | ||
| Q2 25 | $169.1M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $218.4M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ADUSVVV
| Q4 25 | $1.1B | $307.6M | ||
| Q3 25 | $1.0B | $338.5M | ||
| Q2 25 | $1.0B | $313.6M | ||
| Q1 25 | $995.4M | $248.7M | ||
| Q4 24 | $970.5M | $229.8M | ||
| Q3 24 | $947.6M | $185.6M | ||
| Q2 24 | $921.7M | $106.5M | ||
| Q1 24 | $725.1M | $60.1M |
总资产ADUSVVV
| Q4 25 | $1.4B | $3.4B | ||
| Q3 25 | $1.4B | $2.7B | ||
| Q2 25 | $1.4B | $2.6B | ||
| Q1 25 | $1.4B | $2.5B | ||
| Q4 24 | $1.4B | $2.3B | ||
| Q3 24 | $1.2B | $2.4B | ||
| Q2 24 | $1.1B | $2.4B | ||
| Q1 24 | $1.0B | $2.8B |
负债/权益比ADUSVVV
| Q4 25 | 0.11× | — | ||
| Q3 25 | 0.14× | — | ||
| Q2 25 | 0.17× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.23× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $64.8M |
| 自由现金流经营现金流 - 资本支出 | $16.1M | $7.4M |
| 自由现金流率自由现金流/营收 | 4.3% | 1.6% |
| 资本支出强度资本支出/营收 | 0.7% | 12.4% |
| 现金转化率经营现金流/净利润 | 0.63× | — |
| 过去12个月自由现金流最近4个季度 | $103.8M | $57.8M |
8季度趋势，按日历期对齐
经营现金流ADUSVVV
| Q4 25 | $18.8M | $64.8M | ||
| Q3 25 | $51.3M | $121.9M | ||
| Q2 25 | $22.5M | $86.9M | ||
| Q1 25 | $18.9M | $47.2M | ||
| Q4 24 | $10.4M | $41.2M | ||
| Q3 24 | $48.5M | $101.3M | ||
| Q2 24 | $18.8M | $75.6M | ||
| Q1 24 | $38.7M | $68.3M |
自由现金流ADUSVVV
| Q4 25 | $16.1M | $7.4M | ||
| Q3 25 | $49.3M | $23.0M | ||
| Q2 25 | $21.3M | $32.0M | ||
| Q1 25 | $17.1M | $-4.6M | ||
| Q4 24 | $8.7M | $-12.4M | ||
| Q3 24 | $46.6M | $29.9M | ||
| Q2 24 | $17.7M | $9.8M | ||
| Q1 24 | $37.3M | $23.4M |
自由现金流率ADUSVVV
| Q4 25 | 4.3% | 1.6% | ||
| Q3 25 | 13.6% | 5.1% | ||
| Q2 25 | 6.1% | 7.3% | ||
| Q1 25 | 5.1% | -1.1% | ||
| Q4 24 | 2.9% | -3.0% | ||
| Q3 24 | 16.1% | 6.9% | ||
| Q2 24 | 6.2% | 2.3% | ||
| Q1 24 | 13.3% | 6.0% |
资本支出强度ADUSVVV
| Q4 25 | 0.7% | 12.4% | ||
| Q3 25 | 0.5% | 21.8% | ||
| Q2 25 | 0.4% | 12.5% | ||
| Q1 25 | 0.6% | 12.8% | ||
| Q4 24 | 0.6% | 12.9% | ||
| Q3 24 | 0.7% | 16.4% | ||
| Q2 24 | 0.4% | 15.6% | ||
| Q1 24 | 0.5% | 11.6% |
现金转化率ADUSVVV
| Q4 25 | 0.63× | — | ||
| Q3 25 | 2.24× | 4.88× | ||
| Q2 25 | 1.02× | 1.54× | ||
| Q1 25 | 0.89× | 1.26× | ||
| Q4 24 | 0.53× | 0.45× | ||
| Q3 24 | 2.41× | 1.10× | ||
| Q2 24 | 1.04× | 1.65× | ||
| Q1 24 | 2.44× | 1.65× |
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% |
VVV
| Oil Change And Related Fees | $337.7M | 73% |
| Non Oil Change And Related Fees | $100.5M | 22% |
| Franchise Fees And Other | $23.6M | 5% |
