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AAR CORP（AIR）与Concentra Group Holdings Parent, Inc.（CON）财务数据对比。点击上方公司名可切换其他公司
AAR CORP的季度营收约是Concentra Group Holdings Parent, Inc.的1.4倍（$795.3M vs $569.6M），Concentra Group Holdings Parent, Inc.净利率更高（9.2% vs 4.4%，领先4.8%），AAR CORP同比增速更快（15.9% vs 13.7%），Concentra Group Holdings Parent, Inc.自由现金流更多（$9.9M vs $6.2M）
AAR CORP是一家美国航空服务企业，为全球商业及政府客户提供飞机维护相关服务，总部位于伊利诺伊州芝加哥郊区的伍德戴尔，在约30个国家开展业务，现有员工约6000人，现任首席执行官为约翰·霍姆斯。
Concentra是美国的职业医疗服务商，1979年成立于得克萨斯州阿马里洛，总部位于得克萨斯州艾迪生。业务覆盖美国47个州，运营627家职业医疗中心和410个雇主驻地现场诊所，美国每7起职业伤害案例中就有1起由该机构提供诊疗服务。
AIR vs CON — 直观对比
营收规模更大
AIR
是对方的1.4倍
$569.6M
营收增速更快
AIR
高出2.2%
13.7%
净利率更高
CON
高出4.8%
4.4%
自由现金流更多
CON
多$3.7M
$6.2M
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $795.3M | $569.6M |
| 净利润 | $34.6M | $52.3M |
| 毛利率 | 19.7% | — |
| 营业利润率 | 6.0% | 16.8% |
| 净利率 | 4.4% | 9.2% |
| 营收同比 | 15.9% | 13.7% |
| 净利润同比 | 213.1% | 28.7% |
| 每股收益（稀释后） | $0.90 | $0.39 |
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AIRCON
| Q1 26 | — | $569.6M | ||
| Q4 25 | $795.3M | $539.1M | ||
| Q3 25 | $739.6M | $572.8M | ||
| Q2 25 | — | $550.8M | ||
| Q1 25 | — | $500.8M | ||
| Q3 24 | — | $489.6M | ||
| Q2 24 | — | $477.9M |
净利润AIRCON
| Q1 26 | — | $52.3M | ||
| Q4 25 | $34.6M | $34.7M | ||
| Q3 25 | $34.4M | $48.3M | ||
| Q2 25 | — | $44.6M | ||
| Q1 25 | — | $38.9M | ||
| Q3 24 | — | $44.3M | ||
| Q2 24 | — | $51.7M |
毛利率AIRCON
| Q1 26 | — | — | ||
| Q4 25 | 19.7% | — | ||
| Q3 25 | 18.1% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
营业利润率AIRCON
| Q1 26 | — | 16.8% | ||
| Q4 25 | 6.0% | 12.9% | ||
| Q3 25 | 6.4% | 16.5% | ||
| Q2 25 | — | 16.3% | ||
| Q1 25 | — | 16.0% | ||
| Q3 24 | — | 17.6% | ||
| Q2 24 | — | 17.6% |
净利率AIRCON
| Q1 26 | — | 9.2% | ||
| Q4 25 | 4.4% | 6.4% | ||
| Q3 25 | 4.7% | 8.4% | ||
| Q2 25 | — | 8.1% | ||
| Q1 25 | — | 7.8% | ||
| Q3 24 | — | 9.1% | ||
| Q2 24 | — | 10.8% |
每股收益（稀释后）AIRCON
| Q1 26 | — | $0.39 | ||
| Q4 25 | $0.90 | $0.27 | ||
| Q3 25 | $0.95 | $0.38 | ||
| Q2 25 | — | $0.35 | ||
| Q1 25 | — | $0.30 | ||
| Q3 24 | — | $0.37 | ||
| Q2 24 | — | $0.50 |
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 | $75.6M | — |
| 总债务越低越好 | $952.7M | $1.6B |
| 股东权益账面价值 | $1.6B | $424.7M |
| 总资产 | $3.2B | $2.9B |
| 负债/权益比越低杠杆越低 | 0.61× | 3.68× |
8季度趋势，按日历期对齐
现金及短期投资AIRCON
| Q1 26 | — | — | ||
| Q4 25 | $75.6M | $79.9M | ||
| Q3 25 | $80.0M | $49.9M | ||
| Q2 25 | — | $73.9M | ||
| Q1 25 | — | $52.1M | ||
| Q3 24 | — | $136.8M | ||
| Q2 24 | — | $50.7M |
总债务AIRCON
| Q1 26 | — | $1.6B | ||
| Q4 25 | $952.7M | $1.6B | ||
| Q3 25 | $1.0B | $1.6B | ||
| Q2 25 | — | $1.7B | ||
| Q1 25 | — | $1.6B | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | $3.0M |
股东权益AIRCON
| Q1 26 | — | $424.7M | ||
| Q4 25 | $1.6B | $393.3M | ||
| Q3 25 | $1.2B | $385.5M | ||
| Q2 25 | — | $342.6M | ||
| Q1 25 | — | $307.1M | ||
| Q3 24 | — | $277.8M | ||
| Q2 24 | — | $1.2B |
总资产AIRCON
| Q1 26 | — | $2.9B | ||
| Q4 25 | $3.2B | $2.9B | ||
| Q3 25 | $2.9B | $2.8B | ||
| Q2 25 | — | $2.8B | ||
| Q1 25 | — | $2.7B | ||
| Q3 24 | — | $2.5B | ||
| Q2 24 | — | $2.4B |
负债/权益比AIRCON
| Q1 26 | — | 3.68× | ||
| Q4 25 | 0.61× | 3.98× | ||
| Q3 25 | 0.82× | 4.15× | ||
| Q2 25 | — | 4.82× | ||
| Q1 25 | — | 5.27× | ||
| Q3 24 | — | 5.30× | ||
| Q2 24 | — | 0.00× |
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 | $13.6M | $21.0M |
| 自由现金流经营现金流 - 资本支出 | $6.2M | $9.9M |
| 自由现金流率自由现金流/营收 | 0.8% | 1.7% |
| 资本支出强度资本支出/营收 | 0.9% | — |
| 现金转化率经营现金流/净利润 | 0.39× | 0.40× |
| 过去12个月自由现金流最近4个季度 | — | $211.0M |
8季度趋势，按日历期对齐
经营现金流AIRCON
| Q1 26 | — | $21.0M | ||
| Q4 25 | $13.6M | $118.7M | ||
| Q3 25 | $-44.9M | $60.6M | ||
| Q2 25 | — | $88.4M | ||
| Q1 25 | — | $11.7M | ||
| Q3 24 | — | $65.9M | ||
| Q2 24 | — | — |
自由现金流AIRCON
| Q1 26 | — | $9.9M | ||
| Q4 25 | $6.2M | $98.5M | ||
| Q3 25 | $-53.6M | $39.4M | ||
| Q2 25 | — | $63.2M | ||
| Q1 25 | — | $-4.0M | ||
| Q3 24 | — | $50.8M | ||
| Q2 24 | — | — |
自由现金流率AIRCON
| Q1 26 | — | 1.7% | ||
| Q4 25 | 0.8% | 18.3% | ||
| Q3 25 | -7.2% | 6.9% | ||
| Q2 25 | — | 11.5% | ||
| Q1 25 | — | -0.8% | ||
| Q3 24 | — | 10.4% | ||
| Q2 24 | — | — |
资本支出强度AIRCON
| Q1 26 | — | — | ||
| Q4 25 | 0.9% | 3.7% | ||
| Q3 25 | 1.2% | 3.7% | ||
| Q2 25 | — | 4.6% | ||
| Q1 25 | — | 3.1% | ||
| Q3 24 | — | 3.1% | ||
| Q2 24 | — | — |
现金转化率AIRCON
| Q1 26 | — | 0.40× | ||
| Q4 25 | 0.39× | 3.42× | ||
| Q3 25 | -1.31× | 1.26× | ||
| Q2 25 | — | 1.98× | ||
| Q1 25 | — | 0.30× | ||
| Q3 24 | — | 1.49× | ||
| Q2 24 | — | — |
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
AIR
| Commercial Customer | $268.1M | 34% |
| Repair And Engineering | $244.5M | 31% |
| Integrated Solutions | $175.8M | 22% |
| Government And Defense Customer | $85.5M | 11% |
| Expeditionary Services | $21.4M | 3% |
CON
| Workers' compensation | $337.7M | 59% |
| Employer services | $172.4M | 30% |
| Onsite health clinics | $37.2M | 7% |
| Other | $14.5M | 3% |
| Consumer health | $7.8M | 1% |
