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Alignment Healthcare, Inc.（ALHC）与先锋自然资源公司（PR）财务数据对比。点击上方公司名可切换其他公司
Alignment Healthcare, Inc.的季度营收约是先锋自然资源公司的1.1倍（$1.2B vs $1.2B），先锋自然资源公司净利率更高（29.0% vs 0.9%，领先28.1%），先锋自然资源公司同比增速更快（-9.8% vs -74.7%），过去两年Alignment Healthcare, Inc.的营收复合增速更高（34.6% vs -3.0%）
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。
先锋自然资源公司总部位于美国得克萨斯州欧文市，主要从事油气勘探业务，运营覆盖二叠纪盆地Spraberry产区的克莱恩页岩区块，是该区域最大的土地权益持有方，2024年5月被埃克森美孚收购。
ALHC vs PR — 直观对比
营收规模更大
ALHC
是对方的1.1倍
$1.2B
营收增速更快
PR
高出65.0%
-74.7%
净利率更高
PR
高出28.1%
0.9%
两年增速更快
ALHC
近两年复合增速
-3.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.2B |
| 净利润 | $11.4M | $339.5M |
| 毛利率 | — | — |
| 营业利润率 | — | 23.1% |
| 净利率 | 0.9% | 29.0% |
| 营收同比 | -74.7% | -9.8% |
| 净利润同比 | — | 56.7% |
| 每股收益（稀释后） | — | $0.48 |
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ALHCPR
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.0B | $1.2B | ||
| Q3 25 | $993.7M | $1.3B | ||
| Q2 25 | $1.0B | $1.2B | ||
| Q1 25 | $926.9M | $1.4B | ||
| Q4 24 | $701.2M | $1.3B | ||
| Q3 24 | $692.4M | $1.2B | ||
| Q2 24 | $681.3M | $1.2B |
净利润ALHCPR
| Q1 26 | $11.4M | — | ||
| Q4 25 | $-11.0M | $339.5M | ||
| Q3 25 | $3.7M | $59.2M | ||
| Q2 25 | $15.7M | $207.1M | ||
| Q1 25 | $-9.1M | $329.3M | ||
| Q4 24 | $-31.1M | $216.7M | ||
| Q3 24 | $-26.4M | $386.4M | ||
| Q2 24 | $-24.0M | $235.1M |
营业利润率ALHCPR
| Q1 26 | — | — | ||
| Q4 25 | -1.0% | 23.1% | ||
| Q3 25 | 0.8% | 29.6% | ||
| Q2 25 | 2.2% | 24.8% | ||
| Q1 25 | -0.6% | 36.6% | ||
| Q4 24 | -3.2% | 32.8% | ||
| Q3 24 | -2.8% | 32.5% | ||
| Q2 24 | -2.7% | 36.5% |
净利率ALHCPR
| Q1 26 | 0.9% | — | ||
| Q4 25 | -1.1% | 29.0% | ||
| Q3 25 | 0.4% | 4.5% | ||
| Q2 25 | 1.5% | 17.3% | ||
| Q1 25 | -1.0% | 23.9% | ||
| Q4 24 | -4.4% | 16.7% | ||
| Q3 24 | -3.8% | 31.8% | ||
| Q2 24 | -3.5% | 18.9% |
每股收益（稀释后）ALHCPR
| Q1 26 | — | — | ||
| Q4 25 | $-0.04 | $0.48 | ||
| Q3 25 | $0.02 | $0.08 | ||
| Q2 25 | $0.07 | $0.28 | ||
| Q1 25 | $-0.05 | $0.44 | ||
| Q4 24 | $-0.15 | $0.31 | ||
| Q3 24 | $-0.14 | $0.53 | ||
| Q2 24 | $-0.13 | $0.36 |
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 | $153.7M |
| 总债务越低越好 | — | $3.5B |
| 股东权益账面价值 | $206.9M | $10.3B |
| 总资产 | $1.3B | $17.9B |
| 负债/权益比越低杠杆越低 | — | 0.34× |
8季度趋势，按日历期对齐
现金及短期投资ALHCPR
| Q1 26 | $705.6M | — | ||
| Q4 25 | $604.2M | $153.7M | ||
| Q3 25 | $644.1M | $111.8M | ||
| Q2 25 | $503.8M | $451.0M | ||
| Q1 25 | $479.5M | $702.2M | ||
| Q4 24 | $470.6M | $479.3M | ||
| Q3 24 | $381.0M | $272.0M | ||
| Q2 24 | $363.7M | $47.8M |
总债务ALHCPR
| Q1 26 | — | — | ||
| Q4 25 | $323.2M | $3.5B | ||
| Q3 25 | $322.7M | $3.5B | ||
| Q2 25 | $322.3M | $4.0B | ||
| Q1 25 | $321.9M | $4.0B | ||
| Q4 24 | $321.4M | $4.2B | ||
| Q3 24 | $212.0M | $4.2B | ||
| Q2 24 | $211.7M | $3.9B |
股东权益ALHCPR
| Q1 26 | $206.9M | — | ||
| Q4 25 | $179.3M | $10.3B | ||
| Q3 25 | $161.9M | $10.0B | ||
| Q2 25 | $141.0M | $9.5B | ||
| Q1 25 | $108.1M | $9.4B | ||
| Q4 24 | $99.9M | $9.1B | ||
| Q3 24 | $114.5M | $9.0B | ||
| Q2 24 | $123.7M | $8.3B |
总资产ALHCPR
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.1B | $17.9B | ||
| Q3 25 | $1.1B | $17.3B | ||
| Q2 25 | $1.0B | $17.5B | ||
| Q1 25 | $895.6M | $17.1B | ||
| Q4 24 | $782.1M | $16.9B | ||
| Q3 24 | $692.3M | $16.6B | ||
| Q2 24 | $716.3M | $15.4B |
负债/权益比ALHCPR
| Q1 26 | — | — | ||
| Q4 25 | 1.80× | 0.34× | ||
| Q3 25 | 1.99× | 0.35× | ||
| Q2 25 | 2.29× | 0.42× | ||
| Q1 25 | 2.98× | 0.43× | ||
| Q4 24 | 3.22× | 0.46× | ||
| Q3 24 | 1.85× | 0.47× | ||
| Q2 24 | 1.71× | 0.46× |
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 | $904.3M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 11.27× | 2.66× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流ALHCPR
| Q1 26 | $128.7M | — | ||
| Q4 25 | $-50.4M | $904.3M | ||
| Q3 25 | $144.6M | $766.5M | ||
| Q2 25 | $29.1M | $1.0B | ||
| Q1 25 | $16.6M | $898.0M | ||
| Q4 24 | $-8.7M | $871.6M | ||
| Q3 24 | $26.2M | $954.4M | ||
| Q2 24 | $23.5M | $938.4M |
自由现金流ALHCPR
| Q1 26 | — | — | ||
| Q4 25 | $-55.4M | — | ||
| Q3 25 | $139.1M | — | ||
| Q2 25 | $21.1M | — | ||
| Q1 25 | $8.4M | — | ||
| Q4 24 | $-18.0M | — | ||
| Q3 24 | $16.9M | — | ||
| Q2 24 | $11.8M | — |
自由现金流率ALHCPR
| Q1 26 | — | — | ||
| Q4 25 | -5.5% | — | ||
| Q3 25 | 14.0% | — | ||
| Q2 25 | 2.1% | — | ||
| Q1 25 | 0.9% | — | ||
| Q4 24 | -2.6% | — | ||
| Q3 24 | 2.4% | — | ||
| Q2 24 | 1.7% | — |
资本支出强度ALHCPR
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | — | ||
| Q3 25 | 0.6% | — | ||
| Q2 25 | 0.8% | — | ||
| Q1 25 | 0.9% | — | ||
| Q4 24 | 1.3% | — | ||
| Q3 24 | 1.3% | — | ||
| Q2 24 | 1.7% | — |
现金转化率ALHCPR
| Q1 26 | 11.27× | — | ||
| Q4 25 | — | 2.66× | ||
| Q3 25 | 38.77× | 12.94× | ||
| Q2 25 | 1.86× | 5.01× | ||
| Q1 25 | — | 2.73× | ||
| Q4 24 | — | 4.02× | ||
| Q3 24 | — | 2.47× | ||
| Q2 24 | — | 3.99× |
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
PR
| Crude Oil | $1.0B | 87% |
| Natural Gas Liquids Reserves | $145.1M | 12% |
