vs
Alignment Healthcare, Inc.（ALHC）与Church & Dwight（CHD）财务数据对比。点击上方公司名可切换其他公司
Church & Dwight的季度营收约是Alignment Healthcare, Inc.的1.6倍（$1.6B vs $1.0B），Church & Dwight净利率更高（8.7% vs -1.1%，领先9.8%），Alignment Healthcare, Inc.同比增速更快（44.4% vs 3.9%），过去两年Alignment Healthcare, Inc.的营收复合增速更高（26.9% vs 4.6%）
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。
Church & Dwight是美国知名消费品企业，成立于1847年，总部位于新泽西州尤因。公司主营个人护理、家居用品及特色产品，旗下拥有Arm & Hammer、Trojan、OxiClean等知名品牌，2022年全年营收达54亿美元。
ALHC vs CHD — 直观对比
营收规模更大
CHD
是对方的1.6倍
$1.0B
营收增速更快
ALHC
高出40.5%
3.9%
净利率更高
CHD
高出9.8%
-1.1%
两年增速更快
ALHC
近两年复合增速
4.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.6B |
| 净利润 | $-11.0M | $143.5M |
| 毛利率 | — | 45.8% |
| 营业利润率 | -1.0% | 16.2% |
| 净利率 | -1.1% | 8.7% |
| 营收同比 | 44.4% | 3.9% |
| 净利润同比 | 64.6% | -24.2% |
| 每股收益（稀释后） | $-0.04 | $0.60 |
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ALHCCHD
| Q4 25 | $1.0B | $1.6B | ||
| Q3 25 | $993.7M | $1.6B | ||
| Q2 25 | $1.0B | $1.5B | ||
| Q1 25 | $926.9M | $1.5B | ||
| Q4 24 | $701.2M | $1.6B | ||
| Q3 24 | $692.4M | $1.5B | ||
| Q2 24 | $681.3M | $1.5B | ||
| Q1 24 | $628.6M | $1.5B |
净利润ALHCCHD
| Q4 25 | $-11.0M | $143.5M | ||
| Q3 25 | $3.7M | $182.2M | ||
| Q2 25 | $15.7M | $191.0M | ||
| Q1 25 | $-9.1M | $220.1M | ||
| Q4 24 | $-31.1M | $189.2M | ||
| Q3 24 | $-26.4M | $-75.1M | ||
| Q2 24 | $-24.0M | $243.5M | ||
| Q1 24 | $-46.5M | $227.7M |
毛利率ALHCCHD
| Q4 25 | — | 45.8% | ||
| Q3 25 | — | 45.1% | ||
| Q2 25 | — | 43.0% | ||
| Q1 25 | — | 45.0% | ||
| Q4 24 | — | 44.7% | ||
| Q3 24 | — | 45.2% | ||
| Q2 24 | — | 47.1% | ||
| Q1 24 | — | 45.7% |
营业利润率ALHCCHD
| Q4 25 | -1.0% | 16.2% | ||
| Q3 25 | 0.8% | 16.1% | ||
| Q2 25 | 2.2% | 17.4% | ||
| Q1 25 | -0.6% | 20.1% | ||
| Q4 24 | -3.2% | 16.2% | ||
| Q3 24 | -2.8% | -6.1% | ||
| Q2 24 | -2.7% | 22.3% | ||
| Q1 24 | -6.5% | 20.3% |
净利率ALHCCHD
| Q4 25 | -1.1% | 8.7% | ||
| Q3 25 | 0.4% | 11.5% | ||
| Q2 25 | 1.5% | 12.7% | ||
| Q1 25 | -1.0% | 15.0% | ||
| Q4 24 | -4.4% | 12.0% | ||
| Q3 24 | -3.8% | -5.0% | ||
| Q2 24 | -3.5% | 16.1% | ||
| Q1 24 | -7.4% | 15.1% |
每股收益（稀释后）ALHCCHD
| Q4 25 | $-0.04 | $0.60 | ||
| Q3 25 | $0.02 | $0.75 | ||
| Q2 25 | $0.07 | $0.78 | ||
| Q1 25 | $-0.05 | $0.89 | ||
| Q4 24 | $-0.15 | $0.76 | ||
| Q3 24 | $-0.14 | $-0.31 | ||
| Q2 24 | $-0.13 | $0.99 | ||
| Q1 24 | $-0.25 | $0.93 |
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 | $409.0M |
| 总债务越低越好 | $323.2M | $2.2B |
| 股东权益账面价值 | $179.3M | $4.0B |
| 总资产 | $1.1B | $8.9B |
| 负债/权益比越低杠杆越低 | 1.80× | 0.55× |
8季度趋势，按日历期对齐
现金及短期投资ALHCCHD
| Q4 25 | $604.2M | $409.0M | ||
| Q3 25 | $644.1M | $305.3M | ||
| Q2 25 | $503.8M | $923.2M | ||
| Q1 25 | $479.5M | $1.1B | ||
| Q4 24 | $470.6M | $964.1M | ||
| Q3 24 | $381.0M | $752.1M | ||
| Q2 24 | $363.7M | $491.7M | ||
| Q1 24 | $301.7M | $349.7M |
总债务ALHCCHD
| Q4 25 | $323.2M | $2.2B | ||
| Q3 25 | $322.7M | $2.2B | ||
| Q2 25 | $322.3M | $2.2B | ||
| Q1 25 | $321.9M | $2.2B | ||
| Q4 24 | $321.4M | $2.2B | ||
| Q3 24 | $212.0M | $2.2B | ||
| Q2 24 | $211.7M | $2.2B | ||
| Q1 24 | $162.0M | $2.2B |
股东权益ALHCCHD
| Q4 25 | $179.3M | $4.0B | ||
| Q3 25 | $161.9M | $4.2B | ||
| Q2 25 | $141.0M | $4.4B | ||
| Q1 25 | $108.1M | $4.6B | ||
| Q4 24 | $99.9M | $4.4B | ||
| Q3 24 | $114.5M | $4.2B | ||
| Q2 24 | $123.7M | $4.3B | ||
| Q1 24 | $130.9M | $4.1B |
总资产ALHCCHD
| Q4 25 | $1.1B | $8.9B | ||
| Q3 25 | $1.1B | $9.1B | ||
| Q2 25 | $1.0B | $8.8B | ||
| Q1 25 | $895.6M | $9.0B | ||
| Q4 24 | $782.1M | $8.9B | ||
| Q3 24 | $692.3M | $8.7B | ||
| Q2 24 | $716.3M | $8.8B | ||
| Q1 24 | $633.2M | $8.6B |
负债/权益比ALHCCHD
| Q4 25 | 1.80× | 0.55× | ||
| Q3 25 | 1.99× | 0.52× | ||
| Q2 25 | 2.29× | 0.50× | ||
| Q1 25 | 2.98× | 0.48× | ||
| Q4 24 | 3.22× | 0.51× | ||
| Q3 24 | 1.85× | 0.53× | ||
| Q2 24 | 1.71× | 0.51× | ||
| Q1 24 | 1.24× | 0.54× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $-55.4M | — |
| 自由现金流率自由现金流/营收 | -5.5% | — |
| 资本支出强度资本支出/营收 | 0.5% | 3.4% |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流ALHCCHD
| Q4 25 | $-50.4M | — | ||
| Q3 25 | $144.6M | — | ||
| Q2 25 | $29.1M | — | ||
| Q1 25 | $16.6M | — | ||
| Q4 24 | $-8.7M | $292.3M | ||
| Q3 24 | $26.2M | $364.0M | ||
| Q2 24 | $23.5M | $236.9M | ||
| Q1 24 | $-6.2M | $263.0M |
自由现金流ALHCCHD
| Q4 25 | $-55.4M | — | ||
| Q3 25 | $139.1M | — | ||
| Q2 25 | $21.1M | — | ||
| Q1 25 | $8.4M | — | ||
| Q4 24 | $-18.0M | $237.7M | ||
| Q3 24 | $16.9M | $315.4M | ||
| Q2 24 | $11.8M | $206.6M | ||
| Q1 24 | $-17.4M | $216.7M |
自由现金流率ALHCCHD
| Q4 25 | -5.5% | — | ||
| Q3 25 | 14.0% | — | ||
| Q2 25 | 2.1% | — | ||
| Q1 25 | 0.9% | — | ||
| Q4 24 | -2.6% | 15.0% | ||
| Q3 24 | 2.4% | 20.9% | ||
| Q2 24 | 1.7% | 13.7% | ||
| Q1 24 | -2.8% | 14.4% |
资本支出强度ALHCCHD
| Q4 25 | 0.5% | 3.4% | ||
| Q3 25 | 0.6% | 1.8% | ||
| Q2 25 | 0.8% | 1.5% | ||
| Q1 25 | 0.9% | 1.1% | ||
| Q4 24 | 1.3% | 3.5% | ||
| Q3 24 | 1.3% | 3.2% | ||
| Q2 24 | 1.7% | 2.0% | ||
| Q1 24 | 1.8% | 3.1% |
现金转化率ALHCCHD
| Q4 25 | — | — | ||
| Q3 25 | 38.77× | — | ||
| Q2 25 | 1.86× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.54× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.97× | ||
| Q1 24 | — | 1.16× |
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
CHD
| Household Products | $645.3M | 39% |
| Personal Care Products | $625.9M | 38% |
| Consumer International | $299.8M | 18% |
| Specialty Products Division | $73.2M | 4% |
