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Alignment Healthcare, Inc.（ALHC）与JBT Marel Corp（JBTM）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JBT Marel Corp的1.0倍（$1.0B vs $1.0B），JBT Marel Corp净利率更高（5.3% vs -1.1%，领先6.4%），JBT Marel Corp同比增速更快（115.6% vs 44.4%），JBT Marel Corp自由现金流更多（$83.5M vs $-55.4M），过去两年JBT Marel Corp的营收复合增速更高（60.3% vs 26.9%）
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。
JBT Marel Corp（原称JBT公司、约翰宾技术公司）是主营食品加工机械及自动化车辆的企业，2008年由FMC技术公司拆分非能源业务独立注册成立，总部位于美国伊利诺伊州芝加哥，发展历史可追溯至1884年加州洛斯加托斯果园主约翰·宾创办的企业。
ALHC vs JBTM — 直观对比
营收规模更大
ALHC
是对方的1.0倍
$1.0B
营收增速更快
JBTM
高出71.1%
44.4%
净利率更高
JBTM
高出6.4%
-1.1%
自由现金流更多
JBTM
多$138.9M
$-55.4M
两年增速更快
JBTM
近两年复合增速
26.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.0B |
| 净利润 | $-11.0M | $53.1M |
| 毛利率 | — | 34.5% |
| 营业利润率 | -1.0% | 7.2% |
| 净利率 | -1.1% | 5.3% |
| 营收同比 | 44.4% | 115.6% |
| 净利润同比 | 64.6% | 858.6% |
| 每股收益（稀释后） | $-0.04 | $1.04 |
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ALHCJBTM
| Q4 25 | $1.0B | $1.0B | ||
| Q3 25 | $993.7M | $1.0B | ||
| Q2 25 | $1.0B | $934.8M | ||
| Q1 25 | $926.9M | $854.1M | ||
| Q4 24 | $701.2M | $467.6M | ||
| Q3 24 | $692.4M | $453.8M | ||
| Q2 24 | $681.3M | $402.3M | ||
| Q1 24 | $628.6M | $392.3M |
净利润ALHCJBTM
| Q4 25 | $-11.0M | $53.1M | ||
| Q3 25 | $3.7M | $66.0M | ||
| Q2 25 | $15.7M | $3.4M | ||
| Q1 25 | $-9.1M | $-173.0M | ||
| Q4 24 | $-31.1M | $-7.0M | ||
| Q3 24 | $-26.4M | $38.9M | ||
| Q2 24 | $-24.0M | $30.7M | ||
| Q1 24 | $-46.5M | $22.8M |
毛利率ALHCJBTM
| Q4 25 | — | 34.5% | ||
| Q3 25 | — | 35.9% | ||
| Q2 25 | — | 35.8% | ||
| Q1 25 | — | 34.2% | ||
| Q4 24 | — | 38.4% | ||
| Q3 24 | — | 36.1% | ||
| Q2 24 | — | 35.6% | ||
| Q1 24 | — | 35.8% |
营业利润率ALHCJBTM
| Q4 25 | -1.0% | 7.2% | ||
| Q3 25 | 0.8% | 10.2% | ||
| Q2 25 | 2.2% | 5.2% | ||
| Q1 25 | -0.6% | -3.9% | ||
| Q4 24 | -3.2% | 3.4% | ||
| Q3 24 | -2.8% | 10.3% | ||
| Q2 24 | -2.7% | 6.7% | ||
| Q1 24 | -6.5% | 7.4% |
净利率ALHCJBTM
| Q4 25 | -1.1% | 5.3% | ||
| Q3 25 | 0.4% | 6.6% | ||
| Q2 25 | 1.5% | 0.4% | ||
| Q1 25 | -1.0% | -20.3% | ||
| Q4 24 | -4.4% | -1.5% | ||
| Q3 24 | -3.8% | 8.6% | ||
| Q2 24 | -3.5% | 7.6% | ||
| Q1 24 | -7.4% | 5.8% |
每股收益（稀释后）ALHCJBTM
| Q4 25 | $-0.04 | $1.04 | ||
| Q3 25 | $0.02 | $1.26 | ||
| Q2 25 | $0.07 | $0.07 | ||
| Q1 25 | $-0.05 | $-3.35 | ||
| Q4 24 | $-0.15 | $-0.22 | ||
| Q3 24 | $-0.14 | $1.21 | ||
| Q2 24 | $-0.13 | $0.95 | ||
| Q1 24 | $-0.25 | $0.71 |
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 | $167.9M |
| 总债务越低越好 | $323.2M | $1.5B |
| 股东权益账面价值 | $179.3M | $4.5B |
| 总资产 | $1.1B | $8.2B |
| 负债/权益比越低杠杆越低 | 1.80× | 0.33× |
8季度趋势，按日历期对齐
现金及短期投资ALHCJBTM
| Q4 25 | $604.2M | $167.9M | ||
| Q3 25 | $644.1M | — | ||
| Q2 25 | $503.8M | — | ||
| Q1 25 | $479.5M | — | ||
| Q4 24 | $470.6M | $1.2B | ||
| Q3 24 | $381.0M | — | ||
| Q2 24 | $363.7M | — | ||
| Q1 24 | $301.7M | — |
总债务ALHCJBTM
| Q4 25 | $323.2M | $1.5B | ||
| Q3 25 | $322.7M | $1.5B | ||
| Q2 25 | $322.3M | $1.5B | ||
| Q1 25 | $321.9M | $2.0B | ||
| Q4 24 | $321.4M | $1.3B | ||
| Q3 24 | $212.0M | $648.3M | ||
| Q2 24 | $211.7M | $647.7M | ||
| Q1 24 | $162.0M | $647.0M |
股东权益ALHCJBTM
| Q4 25 | $179.3M | $4.5B | ||
| Q3 25 | $161.9M | $4.4B | ||
| Q2 25 | $141.0M | $4.4B | ||
| Q1 25 | $108.1M | $4.1B | ||
| Q4 24 | $99.9M | $1.5B | ||
| Q3 24 | $114.5M | $1.6B | ||
| Q2 24 | $123.7M | $1.5B | ||
| Q1 24 | $130.9M | $1.5B |
总资产ALHCJBTM
| Q4 25 | $1.1B | $8.2B | ||
| Q3 25 | $1.1B | $8.2B | ||
| Q2 25 | $1.0B | $8.3B | ||
| Q1 25 | $895.6M | $8.0B | ||
| Q4 24 | $782.1M | $3.4B | ||
| Q3 24 | $692.3M | $2.8B | ||
| Q2 24 | $716.3M | $2.7B | ||
| Q1 24 | $633.2M | $2.7B |
负债/权益比ALHCJBTM
| Q4 25 | 1.80× | 0.33× | ||
| Q3 25 | 1.99× | 0.34× | ||
| Q2 25 | 2.29× | 0.35× | ||
| Q1 25 | 2.98× | 0.48× | ||
| Q4 24 | 3.22× | 0.81× | ||
| Q3 24 | 1.85× | 0.41× | ||
| Q2 24 | 1.71× | 0.43× | ||
| Q1 24 | 1.24× | 0.43× |
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 | $117.4M |
| 自由现金流经营现金流 - 资本支出 | $-55.4M | $83.5M |
| 自由现金流率自由现金流/营收 | -5.5% | 8.3% |
| 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 | — | 2.21× |
| 过去12个月自由现金流最近4个季度 | $113.1M | $238.1M |
8季度趋势，按日历期对齐
经营现金流ALHCJBTM
| Q4 25 | $-50.4M | $117.4M | ||
| Q3 25 | $144.6M | $87.7M | ||
| Q2 25 | $29.1M | $102.2M | ||
| Q1 25 | $16.6M | $34.4M | ||
| Q4 24 | $-8.7M | $128.7M | ||
| Q3 24 | $26.2M | $71.9M | ||
| Q2 24 | $23.5M | $21.6M | ||
| Q1 24 | $-6.2M | $10.4M |
自由现金流ALHCJBTM
| Q4 25 | $-55.4M | $83.5M | ||
| Q3 25 | $139.1M | $56.5M | ||
| Q2 25 | $21.1M | $83.7M | ||
| Q1 25 | $8.4M | $14.4M | ||
| Q4 24 | $-18.0M | $118.7M | ||
| Q3 24 | $16.9M | $65.0M | ||
| Q2 24 | $11.8M | $11.1M | ||
| Q1 24 | $-17.4M | $-100.0K |
自由现金流率ALHCJBTM
| Q4 25 | -5.5% | 8.3% | ||
| Q3 25 | 14.0% | 5.6% | ||
| Q2 25 | 2.1% | 9.0% | ||
| Q1 25 | 0.9% | 1.7% | ||
| Q4 24 | -2.6% | 25.4% | ||
| Q3 24 | 2.4% | 14.3% | ||
| Q2 24 | 1.7% | 2.8% | ||
| Q1 24 | -2.8% | -0.0% |
资本支出强度ALHCJBTM
| Q4 25 | 0.5% | 3.4% | ||
| Q3 25 | 0.6% | 3.1% | ||
| Q2 25 | 0.8% | 2.0% | ||
| Q1 25 | 0.9% | 2.3% | ||
| Q4 24 | 1.3% | 2.1% | ||
| Q3 24 | 1.3% | 1.5% | ||
| Q2 24 | 1.7% | 2.6% | ||
| Q1 24 | 1.8% | 2.7% |
现金转化率ALHCJBTM
| Q4 25 | — | 2.21× | ||
| Q3 25 | 38.77× | 1.33× | ||
| Q2 25 | 1.86× | 30.06× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.85× | ||
| Q2 24 | — | 0.70× | ||
| Q1 24 | — | 0.46× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
