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Alignment Healthcare, Inc.（ALHC）与Life Time Group Holdings, Inc.（LTH）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Life Time Group Holdings, Inc.的1.4倍（$1.0B vs $745.1M），Life Time Group Holdings, Inc.净利率更高（16.5% vs -1.1%，领先17.6%），Alignment Healthcare, Inc.同比增速更快（44.4% vs 12.3%），Alignment Healthcare, Inc.自由现金流更多（$-55.4M vs $-64.6M），过去两年Alignment Healthcare, Inc.的营收复合增速更高（26.9% vs 11.7%）
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。
Life Time Group Holdings是美国高端健身康养服务运营商，在全美运营连锁高端运动场馆，提供健身器材使用、团体课程、私教指导、SPA护理、营养咨询、青少年运动项目及联合办公等服务，服务于追求健康生活方式的消费群体。
ALHC vs LTH — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $745.1M |
| 净利润 | $-11.0M | $123.0M |
| 毛利率 | — | 49.1% |
| 营业利润率 | -1.0% | 17.4% |
| 净利率 | -1.1% | 16.5% |
| 营收同比 | 44.4% | 12.3% |
| 净利润同比 | 64.6% | 231.0% |
| 每股收益（稀释后） | $-0.04 | $0.55 |
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
| Q4 25 | $1.0B | $745.1M | ||
| Q3 25 | $993.7M | $782.6M | ||
| Q2 25 | $1.0B | $761.5M | ||
| Q1 25 | $926.9M | $706.0M | ||
| Q4 24 | $701.2M | $663.3M | ||
| Q3 24 | $692.4M | $693.2M | ||
| Q2 24 | $681.3M | $667.8M | ||
| Q1 24 | $628.6M | $596.7M |
| Q4 25 | $-11.0M | $123.0M | ||
| Q3 25 | $3.7M | $102.4M | ||
| Q2 25 | $15.7M | $72.1M | ||
| Q1 25 | $-9.1M | $76.1M | ||
| Q4 24 | $-31.1M | $37.2M | ||
| Q3 24 | $-26.4M | $41.4M | ||
| Q2 24 | $-24.0M | $52.8M | ||
| Q1 24 | $-46.5M | $24.9M |
| Q4 25 | — | 49.1% | ||
| Q3 25 | — | 47.1% | ||
| Q2 25 | — | 47.0% | ||
| Q1 25 | — | 47.5% | ||
| Q4 24 | — | 48.2% | ||
| Q3 24 | — | 46.5% | ||
| Q2 24 | — | 46.8% | ||
| Q1 24 | — | 46.1% |
| Q4 25 | -1.0% | 17.4% | ||
| Q3 25 | 0.8% | 17.3% | ||
| Q2 25 | 2.2% | 14.2% | ||
| Q1 25 | -0.6% | 15.2% | ||
| Q4 24 | -3.2% | 13.1% | ||
| Q3 24 | -2.8% | 13.5% | ||
| Q2 24 | -2.7% | 15.7% | ||
| Q1 24 | -6.5% | 12.1% |
| Q4 25 | -1.1% | 16.5% | ||
| Q3 25 | 0.4% | 13.1% | ||
| Q2 25 | 1.5% | 9.5% | ||
| Q1 25 | -1.0% | 10.8% | ||
| Q4 24 | -4.4% | 5.6% | ||
| Q3 24 | -3.8% | 6.0% | ||
| Q2 24 | -3.5% | 7.9% | ||
| Q1 24 | -7.4% | 4.2% |
| Q4 25 | $-0.04 | $0.55 | ||
| Q3 25 | $0.02 | $0.45 | ||
| Q2 25 | $0.07 | $0.32 | ||
| Q1 25 | $-0.05 | $0.34 | ||
| Q4 24 | $-0.15 | $0.17 | ||
| Q3 24 | $-0.14 | $0.19 | ||
| Q2 24 | $-0.13 | $0.26 | ||
| Q1 24 | $-0.25 | $0.12 |
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 | $204.8M |
| 总债务越低越好 | $323.2M | $1.5B |
| 股东权益账面价值 | $179.3M | $3.1B |
| 总资产 | $1.1B | $8.0B |
| 负债/权益比越低杠杆越低 | 1.80× | 0.48× |
8季度趋势，按日历期对齐
| Q4 25 | $604.2M | $204.8M | ||
| Q3 25 | $644.1M | $218.9M | ||
| Q2 25 | $503.8M | $175.5M | ||
| Q1 25 | $479.5M | $59.0M | ||
| Q4 24 | $470.6M | $10.9M | ||
| Q3 24 | $381.0M | $120.9M | ||
| Q2 24 | $363.7M | $34.5M | ||
| Q1 24 | $301.7M | $18.6M |
| Q4 25 | $323.2M | $1.5B | ||
| Q3 25 | $322.7M | $1.5B | ||
| Q2 25 | $322.3M | $1.5B | ||
| Q1 25 | $321.9M | $1.5B | ||
| Q4 24 | $321.4M | $1.5B | ||
| Q3 24 | $212.0M | $1.7B | ||
| Q2 24 | $211.7M | $1.8B | ||
| Q1 24 | $162.0M | $2.0B |
| Q4 25 | $179.3M | $3.1B | ||
| Q3 25 | $161.9M | $3.0B | ||
| Q2 25 | $141.0M | $2.9B | ||
| Q1 25 | $108.1M | $2.7B | ||
| Q4 24 | $99.9M | $2.6B | ||
| Q3 24 | $114.5M | $2.6B | ||
| Q2 24 | $123.7M | $2.4B | ||
| Q1 24 | $130.9M | $2.3B |
| Q4 25 | $1.1B | $8.0B | ||
| Q3 25 | $1.1B | $7.8B | ||
| Q2 25 | $1.0B | $7.6B | ||
| Q1 25 | $895.6M | $7.3B | ||
| Q4 24 | $782.1M | $7.2B | ||
| Q3 24 | $692.3M | $7.2B | ||
| Q2 24 | $716.3M | $7.1B | ||
| Q1 24 | $633.2M | $7.1B |
| Q4 25 | 1.80× | 0.48× | ||
| Q3 25 | 1.99× | 0.51× | ||
| Q2 25 | 2.29× | 0.53× | ||
| Q1 25 | 2.98× | 0.56× | ||
| Q4 24 | 3.22× | 0.59× | ||
| Q3 24 | 1.85× | 0.64× | ||
| Q2 24 | 1.71× | 0.78× | ||
| Q1 24 | 1.24× | 0.87× |
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 | $239.9M |
| 自由现金流经营现金流 - 资本支出 | $-55.4M | $-64.6M |
| 自由现金流率自由现金流/营收 | -5.5% | -8.7% |
| 资本支出强度资本支出/营收 | 0.5% | 40.9% |
| 现金转化率经营现金流/净利润 | — | 1.95× |
| 过去12个月自由现金流最近4个季度 | $113.1M | $-21.0M |
8季度趋势，按日历期对齐
| Q4 25 | $-50.4M | $239.9M | ||
| Q3 25 | $144.6M | $251.1M | ||
| Q2 25 | $29.1M | $195.7M | ||
| Q1 25 | $16.6M | $183.9M | ||
| Q4 24 | $-8.7M | $163.1M | ||
| Q3 24 | $26.2M | $151.1M | ||
| Q2 24 | $23.5M | $170.4M | ||
| Q1 24 | $-6.2M | $90.4M |
| Q4 25 | $-55.4M | $-64.6M | ||
| Q3 25 | $139.1M | $28.6M | ||
| Q2 25 | $21.1M | $-26.3M | ||
| Q1 25 | $8.4M | $41.4M | ||
| Q4 24 | $-18.0M | $26.8M | ||
| Q3 24 | $16.9M | $64.0M | ||
| Q2 24 | $11.8M | $26.1M | ||
| Q1 24 | $-17.4M | $-66.4M |
| Q4 25 | -5.5% | -8.7% | ||
| Q3 25 | 14.0% | 3.7% | ||
| Q2 25 | 2.1% | -3.5% | ||
| Q1 25 | 0.9% | 5.9% | ||
| Q4 24 | -2.6% | 4.0% | ||
| Q3 24 | 2.4% | 9.2% | ||
| Q2 24 | 1.7% | 3.9% | ||
| Q1 24 | -2.8% | -11.1% |
| Q4 25 | 0.5% | 40.9% | ||
| Q3 25 | 0.6% | 28.4% | ||
| Q2 25 | 0.8% | 29.2% | ||
| Q1 25 | 0.9% | 20.2% | ||
| Q4 24 | 1.3% | 20.6% | ||
| Q3 24 | 1.3% | 12.6% | ||
| Q2 24 | 1.7% | 21.6% | ||
| Q1 24 | 1.8% | 26.3% |
| Q4 25 | — | 1.95× | ||
| Q3 25 | 38.77× | 2.45× | ||
| Q2 25 | 1.86× | 2.71× | ||
| Q1 25 | — | 2.41× | ||
| Q4 24 | — | 4.39× | ||
| Q3 24 | — | 3.65× | ||
| Q2 24 | — | 3.23× | ||
| Q1 24 | — | 3.63× |
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
LTH
| Membership | $535.1M | 72% |
| In Center | $191.2M | 26% |
| Other | $18.8M | 3% |
