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Alignment Healthcare, Inc.（ALHC）与IES Holdings, Inc.（IESC）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IES Holdings, Inc.的1.4倍（$1.2B vs $871.0M），IES Holdings, Inc.净利率更高（10.5% vs 0.9%，领先9.6%），IES Holdings, Inc.同比增速更快（16.2% vs -74.7%），过去两年Alignment Healthcare, Inc.的营收复合增速更高（34.6% vs 11.1%）
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。
IES Holdings, Inc.前身为Integrated Electrical Services, Inc.，主营业务为集成电气及技术系统的设计与安装，同时面向数据中心、住宅、商业和工业设施等多元终端市场提供基础设施类产品及相关服务。
ALHC vs IESC — 直观对比
营收规模更大
ALHC
是对方的1.4倍
$871.0M
营收增速更快
IESC
高出90.9%
-74.7%
净利率更高
IESC
高出9.6%
0.9%
两年增速更快
ALHC
近两年复合增速
11.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $871.0M |
| 净利润 | $11.4M | $91.8M |
| 毛利率 | — | 25.3% |
| 营业利润率 | — | 11.2% |
| 净利率 | 0.9% | 10.5% |
| 营收同比 | -74.7% | 16.2% |
| 净利润同比 | — | 59.1% |
| 每股收益（稀释后） | — | $4.51 |
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ALHCIESC
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.0B | $871.0M | ||
| Q3 25 | $993.7M | $897.8M | ||
| Q2 25 | $1.0B | $890.2M | ||
| Q1 25 | $926.9M | $834.0M | ||
| Q4 24 | $701.2M | $749.5M | ||
| Q3 24 | $692.4M | $775.8M | ||
| Q2 24 | $681.3M | $768.4M |
净利润ALHCIESC
| Q1 26 | $11.4M | — | ||
| Q4 25 | $-11.0M | $91.8M | ||
| Q3 25 | $3.7M | $102.3M | ||
| Q2 25 | $15.7M | $79.3M | ||
| Q1 25 | $-9.1M | $72.6M | ||
| Q4 24 | $-31.1M | $57.7M | ||
| Q3 24 | $-26.4M | $65.5M | ||
| Q2 24 | $-24.0M | $66.6M |
毛利率ALHCIESC
| Q1 26 | — | — | ||
| Q4 25 | — | 25.3% | ||
| Q3 25 | — | 26.0% | ||
| Q2 25 | — | 26.9% | ||
| Q1 25 | — | 25.0% | ||
| Q4 24 | — | 23.8% | ||
| Q3 24 | — | 24.0% | ||
| Q2 24 | — | 25.3% |
营业利润率ALHCIESC
| Q1 26 | — | — | ||
| Q4 25 | -1.0% | 11.2% | ||
| Q3 25 | 0.8% | 11.6% | ||
| Q2 25 | 2.2% | 12.6% | ||
| Q1 25 | -0.6% | 11.1% | ||
| Q4 24 | -3.2% | 10.0% | ||
| Q3 24 | -2.8% | 9.7% | ||
| Q2 24 | -2.7% | 11.7% |
净利率ALHCIESC
| Q1 26 | 0.9% | — | ||
| Q4 25 | -1.1% | 10.5% | ||
| Q3 25 | 0.4% | 11.4% | ||
| Q2 25 | 1.5% | 8.9% | ||
| Q1 25 | -1.0% | 8.7% | ||
| Q4 24 | -4.4% | 7.7% | ||
| Q3 24 | -3.8% | 8.4% | ||
| Q2 24 | -3.5% | 8.7% |
每股收益（稀释后）ALHCIESC
| Q1 26 | — | — | ||
| Q4 25 | $-0.04 | $4.51 | ||
| Q3 25 | $0.02 | $4.99 | ||
| Q2 25 | $0.07 | $3.81 | ||
| Q1 25 | $-0.05 | $3.50 | ||
| Q4 24 | $-0.15 | $2.72 | ||
| Q3 24 | $-0.14 | $3.06 | ||
| Q2 24 | $-0.13 | $2.67 |
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 | $705.6M | $258.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $206.9M | $961.1M |
| 总资产 | $1.3B | $1.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ALHCIESC
| Q1 26 | $705.6M | — | ||
| Q4 25 | $604.2M | $258.7M | ||
| Q3 25 | $644.1M | $231.8M | ||
| Q2 25 | $503.8M | $168.3M | ||
| Q1 25 | $479.5M | $88.3M | ||
| Q4 24 | $470.6M | $112.0M | ||
| Q3 24 | $381.0M | $135.8M | ||
| Q2 24 | $363.7M | $44.9M |
总债务ALHCIESC
| Q1 26 | — | — | ||
| Q4 25 | $323.2M | — | ||
| Q3 25 | $322.7M | — | ||
| Q2 25 | $322.3M | — | ||
| Q1 25 | $321.9M | — | ||
| Q4 24 | $321.4M | — | ||
| Q3 24 | $212.0M | — | ||
| Q2 24 | $211.7M | — |
股东权益ALHCIESC
| Q1 26 | $206.9M | — | ||
| Q4 25 | $179.3M | $961.1M | ||
| Q3 25 | $161.9M | $884.0M | ||
| Q2 25 | $141.0M | $781.4M | ||
| Q1 25 | $108.1M | $705.8M | ||
| Q4 24 | $99.9M | $652.4M | ||
| Q3 24 | $114.5M | $611.1M | ||
| Q2 24 | $123.7M | $567.5M |
总资产ALHCIESC
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.1B | $1.7B | ||
| Q3 25 | $1.1B | $1.6B | ||
| Q2 25 | $1.0B | $1.5B | ||
| Q1 25 | $895.6M | $1.4B | ||
| Q4 24 | $782.1M | $1.3B | ||
| Q3 24 | $692.3M | $1.2B | ||
| Q2 24 | $716.3M | $1.2B |
负债/权益比ALHCIESC
| Q1 26 | — | — | ||
| Q4 25 | 1.80× | — | ||
| Q3 25 | 1.99× | — | ||
| Q2 25 | 2.29× | — | ||
| Q1 25 | 2.98× | — | ||
| Q4 24 | 3.22× | — | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 1.71× | — |
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 | $128.7M | $27.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-18.9M |
| 自由现金流率自由现金流/营收 | — | -2.2% |
| 资本支出强度资本支出/营收 | — | 5.3% |
| 现金转化率经营现金流/净利润 | 11.27× | 0.30× |
| 过去12个月自由现金流最近4个季度 | — | $175.9M |
8季度趋势，按日历期对齐
经营现金流ALHCIESC
| Q1 26 | $128.7M | — | ||
| Q4 25 | $-50.4M | $27.7M | ||
| Q3 25 | $144.6M | $132.0M | ||
| Q2 25 | $29.1M | $92.0M | ||
| Q1 25 | $16.6M | $24.8M | ||
| Q4 24 | $-8.7M | $37.3M | ||
| Q3 24 | $26.2M | $92.8M | ||
| Q2 24 | $23.5M | $82.9M |
自由现金流ALHCIESC
| Q1 26 | — | — | ||
| Q4 25 | $-55.4M | $-18.9M | ||
| Q3 25 | $139.1M | $112.0M | ||
| Q2 25 | $21.1M | $74.8M | ||
| Q1 25 | $8.4M | $7.9M | ||
| Q4 24 | $-18.0M | $24.1M | ||
| Q3 24 | $16.9M | $78.5M | ||
| Q2 24 | $11.8M | $65.4M |
自由现金流率ALHCIESC
| Q1 26 | — | — | ||
| Q4 25 | -5.5% | -2.2% | ||
| Q3 25 | 14.0% | 12.5% | ||
| Q2 25 | 2.1% | 8.4% | ||
| Q1 25 | 0.9% | 0.9% | ||
| Q4 24 | -2.6% | 3.2% | ||
| Q3 24 | 2.4% | 10.1% | ||
| Q2 24 | 1.7% | 8.5% |
资本支出强度ALHCIESC
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 5.3% | ||
| Q3 25 | 0.6% | 2.2% | ||
| Q2 25 | 0.8% | 1.9% | ||
| Q1 25 | 0.9% | 2.0% | ||
| Q4 24 | 1.3% | 1.8% | ||
| Q3 24 | 1.3% | 1.8% | ||
| Q2 24 | 1.7% | 2.3% |
现金转化率ALHCIESC
| Q1 26 | 11.27× | — | ||
| Q4 25 | — | 0.30× | ||
| Q3 25 | 38.77× | 1.29× | ||
| Q2 25 | 1.86× | 1.16× | ||
| Q1 25 | — | 0.34× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 1.42× | ||
| Q2 24 | — | 1.24× |
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
ALHC
暂无分部数据
IESC
| Communications | $351.9M | 40% |
| Single Family Electrical Contracts | $137.0M | 16% |
| Custom Engineered Solutions | $116.0M | 13% |
| Commercialand Industrial | $94.8M | 11% |
| Single Family Contracts Plumbing HVAC | $82.9M | 10% |
| Multi Familyand Other | $64.2M | 7% |
| Industrial Services | $24.2M | 3% |
