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Alignment Healthcare, Inc.（ALHC）与BrightView Holdings, Inc.（BV）财务数据对比。点击上方公司名可切换其他公司
Alignment Healthcare, Inc.的季度营收约是BrightView Holdings, Inc.的1.6倍（$1.0B vs $614.7M），Alignment Healthcare, Inc.净利率更高（-1.1% vs -2.5%，领先1.4%），Alignment Healthcare, Inc.同比增速更快（44.4% vs 2.6%），BrightView Holdings, Inc.自由现金流更多（$-18.6M vs $-55.4M），过去两年Alignment Healthcare, Inc.的营收复合增速更高（26.9% vs -4.4%）
Alignment Healthcare是总部位于美国的医疗保健企业，主打联邦医疗保险优势计划，为老年群体提供协调医疗服务、处方药保障及补充福利，采用价值导向医疗模式，与本土医疗机构合作，业务覆盖美国多个州，致力提升患者健康水平。
BrightView Holdings是美国领先的商业景观服务提供商，业务涵盖景观设计、施工、日常养护、灌溉系统管理、除雪除冰等，服务客户覆盖企业园区、商业中心、住宅社区及公共部门等场景。
ALHC vs BV — 直观对比
营收规模更大
ALHC
是对方的1.6倍
$614.7M
营收增速更快
ALHC
高出41.8%
2.6%
净利率更高
ALHC
高出1.4%
-2.5%
自由现金流更多
BV
多$36.8M
$-55.4M
两年增速更快
ALHC
近两年复合增速
-4.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $614.7M |
| 净利润 | $-11.0M | $-15.2M |
| 毛利率 | — | 18.6% |
| 营业利润率 | -1.0% | -1.2% |
| 净利率 | -1.1% | -2.5% |
| 营收同比 | 44.4% | 2.6% |
| 净利润同比 | 64.6% | -46.2% |
| 每股收益（稀释后） | $-0.04 | $-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ALHCBV
| Q4 25 | $1.0B | $614.7M | ||
| Q3 25 | $993.7M | $702.7M | ||
| Q2 25 | $1.0B | $708.3M | ||
| Q1 25 | $926.9M | $662.6M | ||
| Q4 24 | $701.2M | $599.2M | ||
| Q3 24 | $692.4M | $728.7M | ||
| Q2 24 | $681.3M | $738.8M | ||
| Q1 24 | $628.6M | $672.9M |
净利润ALHCBV
| Q4 25 | $-11.0M | $-15.2M | ||
| Q3 25 | $3.7M | $27.7M | ||
| Q2 25 | $15.7M | $32.3M | ||
| Q1 25 | $-9.1M | $6.4M | ||
| Q4 24 | $-31.1M | $-10.4M | ||
| Q3 24 | $-26.4M | $25.6M | ||
| Q2 24 | $-24.0M | $23.5M | ||
| Q1 24 | $-46.5M | $33.7M |
毛利率ALHCBV
| Q4 25 | — | 18.6% | ||
| Q3 25 | — | 25.1% | ||
| Q2 25 | — | 24.1% | ||
| Q1 25 | — | 22.3% | ||
| Q4 24 | — | 21.2% | ||
| Q3 24 | — | 25.0% | ||
| Q2 24 | — | 24.0% | ||
| Q1 24 | — | 22.6% |
营业利润率ALHCBV
| Q4 25 | -1.0% | -1.2% | ||
| Q3 25 | 0.8% | 7.9% | ||
| Q2 25 | 2.2% | 8.1% | ||
| Q1 25 | -0.6% | 3.4% | ||
| Q4 24 | -3.2% | -0.1% | ||
| Q3 24 | -2.8% | 7.1% | ||
| Q2 24 | -2.7% | 6.6% | ||
| Q1 24 | -6.5% | 9.2% |
净利率ALHCBV
| Q4 25 | -1.1% | -2.5% | ||
| Q3 25 | 0.4% | 3.9% | ||
| Q2 25 | 1.5% | 4.6% | ||
| Q1 25 | -1.0% | 1.0% | ||
| Q4 24 | -4.4% | -1.7% | ||
| Q3 24 | -3.8% | 3.5% | ||
| Q2 24 | -3.5% | 3.2% | ||
| Q1 24 | -7.4% | 5.0% |
每股收益（稀释后）ALHCBV
| Q4 25 | $-0.04 | $-0.26 | ||
| Q3 25 | $0.02 | $0.21 | ||
| Q2 25 | $0.07 | $0.15 | ||
| Q1 25 | $-0.05 | $-0.03 | ||
| Q4 24 | $-0.15 | $-0.20 | ||
| Q3 24 | $-0.14 | $0.20 | ||
| Q2 24 | $-0.13 | $0.10 | ||
| Q1 24 | $-0.25 | $0.17 |
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 | $604.2M | $37.0M |
| 总债务越低越好 | $323.2M | $801.1M |
| 股东权益账面价值 | $179.3M | $1.3B |
| 总资产 | $1.1B | $3.3B |
| 负债/权益比越低杠杆越低 | 1.80× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资ALHCBV
| Q4 25 | $604.2M | $37.0M | ||
| Q3 25 | $644.1M | $74.5M | ||
| Q2 25 | $503.8M | $79.1M | ||
| Q1 25 | $479.5M | $141.3M | ||
| Q4 24 | $470.6M | $98.3M | ||
| Q3 24 | $381.0M | $140.4M | ||
| Q2 24 | $363.7M | $115.9M | ||
| Q1 24 | $301.7M | $177.3M |
总债务ALHCBV
| Q4 25 | $323.2M | $801.1M | ||
| Q3 25 | $322.7M | $790.2M | ||
| Q2 25 | $322.3M | $790.7M | ||
| Q1 25 | $321.9M | $798.9M | ||
| Q4 24 | $321.4M | $796.5M | ||
| Q3 24 | $212.0M | $802.5M | ||
| Q2 24 | $211.7M | — | ||
| Q1 24 | $162.0M | — |
股东权益ALHCBV
| Q4 25 | $179.3M | $1.3B | ||
| Q3 25 | $161.9M | $1.3B | ||
| Q2 25 | $141.0M | $1.3B | ||
| Q1 25 | $108.1M | $1.3B | ||
| Q4 24 | $99.9M | $1.3B | ||
| Q3 24 | $114.5M | $1.3B | ||
| Q2 24 | $123.7M | $1.3B | ||
| Q1 24 | $130.9M | $1.2B |
总资产ALHCBV
| Q4 25 | $1.1B | $3.3B | ||
| Q3 25 | $1.1B | $3.4B | ||
| Q2 25 | $1.0B | $3.4B | ||
| Q1 25 | $895.6M | $3.3B | ||
| Q4 24 | $782.1M | $3.3B | ||
| Q3 24 | $692.3M | $3.4B | ||
| Q2 24 | $716.3M | $3.4B | ||
| Q1 24 | $633.2M | $3.4B |
负债/权益比ALHCBV
| Q4 25 | 1.80× | 0.64× | ||
| Q3 25 | 1.99× | 0.61× | ||
| Q2 25 | 2.29× | 0.62× | ||
| Q1 25 | 2.98× | 0.63× | ||
| Q4 24 | 3.22× | 0.63× | ||
| Q3 24 | 1.85× | 0.63× | ||
| Q2 24 | 1.71× | — | ||
| Q1 24 | 1.24× | — |
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 | $-50.4M | $36.1M |
| 自由现金流经营现金流 - 资本支出 | $-55.4M | $-18.6M |
| 自由现金流率自由现金流/营收 | -5.5% | -3.0% |
| 资本支出强度资本支出/营收 | 0.5% | 8.9% |
| 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 | $113.1M | $17.2M |
8季度趋势，按日历期对齐
经营现金流ALHCBV
| Q4 25 | $-50.4M | $36.1M | ||
| Q3 25 | $144.6M | $84.4M | ||
| Q2 25 | $29.1M | $55.7M | ||
| Q1 25 | $16.6M | $91.2M | ||
| Q4 24 | $-8.7M | $60.5M | ||
| Q3 24 | $26.2M | $53.5M | ||
| Q2 24 | $23.5M | $42.6M | ||
| Q1 24 | $-6.2M | $83.3M |
自由现金流ALHCBV
| Q4 25 | $-55.4M | $-18.6M | ||
| Q3 25 | $139.1M | $26.0M | ||
| Q2 25 | $21.1M | $-47.8M | ||
| Q1 25 | $8.4M | $57.6M | ||
| Q4 24 | $-18.0M | $1.8M | ||
| Q3 24 | $16.9M | $21.1M | ||
| Q2 24 | $11.8M | $19.3M | ||
| Q1 24 | $-17.4M | $70.7M |
自由现金流率ALHCBV
| Q4 25 | -5.5% | -3.0% | ||
| Q3 25 | 14.0% | 3.7% | ||
| Q2 25 | 2.1% | -6.7% | ||
| Q1 25 | 0.9% | 8.7% | ||
| Q4 24 | -2.6% | 0.3% | ||
| Q3 24 | 2.4% | 2.9% | ||
| Q2 24 | 1.7% | 2.6% | ||
| Q1 24 | -2.8% | 10.5% |
资本支出强度ALHCBV
| Q4 25 | 0.5% | 8.9% | ||
| Q3 25 | 0.6% | 8.3% | ||
| Q2 25 | 0.8% | 14.6% | ||
| Q1 25 | 0.9% | 5.1% | ||
| Q4 24 | 1.3% | 9.8% | ||
| Q3 24 | 1.3% | 4.4% | ||
| Q2 24 | 1.7% | 3.2% | ||
| Q1 24 | 1.8% | 1.9% |
现金转化率ALHCBV
| Q4 25 | — | — | ||
| Q3 25 | 38.77× | 3.05× | ||
| Q2 25 | 1.86× | 1.72× | ||
| Q1 25 | — | 14.25× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.09× | ||
| Q2 24 | — | 1.81× | ||
| Q1 24 | — | 2.47× |
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
ALHC
暂无分部数据
BV
| Landscape Maintenance | $368.0M | 60% |
| Development Services Segment | $179.2M | 29% |
| Snow Removal | $68.4M | 11% |
