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Alignment Healthcare, Inc.（ALHC）与越洋钻探（RIG）财务数据对比。点击上方公司名可切换其他公司
越洋钻探的季度营收约是Alignment Healthcare, Inc.的1.0倍（$1.0B vs $1.0B），越洋钻探净利率更高（2.4% vs -1.1%，领先3.5%），Alignment Healthcare, Inc.同比增速更快（44.4% vs 9.6%），越洋钻探自由现金流更多（$321.0M vs $-55.4M），过去两年Alignment Healthcare, Inc.的营收复合增速更高（26.9% vs 16.9%）
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。
越洋钻探（Transocean Ltd.）是按营收计全球规模最大的海上钻探承包商，总部位于瑞士施泰因豪森，起源于美国，目前在加拿大、美国、挪威、英国、印度、巴西、新加坡等20个国家设有办事机构，业务覆盖全球主要海上油气开采区域。
ALHC vs RIG — 直观对比
营收规模更大
RIG
是对方的1.0倍
$1.0B
营收增速更快
ALHC
高出34.9%
9.6%
净利率更高
RIG
高出3.5%
-1.1%
自由现金流更多
RIG
多$376.4M
$-55.4M
两年增速更快
ALHC
近两年复合增速
16.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.0B |
| 净利润 | $-11.0M | $25.0M |
| 毛利率 | — | 42.0% |
| 营业利润率 | -1.0% | 23.0% |
| 净利率 | -1.1% | 2.4% |
| 营收同比 | 44.4% | 9.6% |
| 净利润同比 | 64.6% | 257.1% |
| 每股收益（稀释后） | $-0.04 | $0.13 |
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ALHCRIG
| Q4 25 | $1.0B | $1.0B | ||
| Q3 25 | $993.7M | $1.0B | ||
| Q2 25 | $1.0B | $988.0M | ||
| Q1 25 | $926.9M | $906.0M | ||
| Q4 24 | $701.2M | $952.0M | ||
| Q3 24 | $692.4M | $948.0M | ||
| Q2 24 | $681.3M | $861.0M | ||
| Q1 24 | $628.6M | $763.0M |
净利润ALHCRIG
| Q4 25 | $-11.0M | $25.0M | ||
| Q3 25 | $3.7M | $-1.9B | ||
| Q2 25 | $15.7M | $-938.0M | ||
| Q1 25 | $-9.1M | $-79.0M | ||
| Q4 24 | $-31.1M | $7.0M | ||
| Q3 24 | $-26.4M | $-494.0M | ||
| Q2 24 | $-24.0M | $-123.0M | ||
| Q1 24 | $-46.5M | $98.0M |
毛利率ALHCRIG
| Q4 25 | — | 42.0% | ||
| Q3 25 | — | 43.2% | ||
| Q2 25 | — | 39.4% | ||
| Q1 25 | — | 31.8% | ||
| Q4 24 | — | 39.2% | ||
| Q3 24 | — | 40.6% | ||
| Q2 24 | — | 38.0% | ||
| Q1 24 | — | 31.5% |
营业利润率ALHCRIG
| Q4 25 | -1.0% | 23.0% | ||
| Q3 25 | 0.8% | -163.1% | ||
| Q2 25 | 2.2% | -97.6% | ||
| Q1 25 | -0.6% | 7.1% | ||
| Q4 24 | -3.2% | 13.7% | ||
| Q3 24 | -2.8% | -51.2% | ||
| Q2 24 | -2.7% | -6.9% | ||
| Q1 24 | -6.5% | -0.4% |
净利率ALHCRIG
| Q4 25 | -1.1% | 2.4% | ||
| Q3 25 | 0.4% | -187.1% | ||
| Q2 25 | 1.5% | -94.9% | ||
| Q1 25 | -1.0% | -8.7% | ||
| Q4 24 | -4.4% | 0.7% | ||
| Q3 24 | -3.8% | -52.1% | ||
| Q2 24 | -3.5% | -14.3% | ||
| Q1 24 | -7.4% | 12.8% |
每股收益（稀释后）ALHCRIG
| Q4 25 | $-0.04 | $0.13 | ||
| Q3 25 | $0.02 | $-2.00 | ||
| Q2 25 | $0.07 | $-1.06 | ||
| Q1 25 | $-0.05 | $-0.11 | ||
| Q4 24 | $-0.15 | $-0.14 | ||
| Q3 24 | $-0.14 | $-0.58 | ||
| Q2 24 | $-0.13 | $-0.15 | ||
| Q1 24 | $-0.25 | $0.11 |
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 | $620.0M |
| 总债务越低越好 | $323.2M | $5.2B |
| 股东权益账面价值 | $179.3M | $8.1B |
| 总资产 | $1.1B | $15.6B |
| 负债/权益比越低杠杆越低 | 1.80× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资ALHCRIG
| Q4 25 | $604.2M | $620.0M | ||
| Q3 25 | $644.1M | $833.0M | ||
| Q2 25 | $503.8M | $377.0M | ||
| Q1 25 | $479.5M | $263.0M | ||
| Q4 24 | $470.6M | $560.0M | ||
| Q3 24 | $381.0M | $435.0M | ||
| Q2 24 | $363.7M | $475.0M | ||
| Q1 24 | $301.7M | $446.0M |
总债务ALHCRIG
| Q4 25 | $323.2M | $5.2B | ||
| Q3 25 | $322.7M | $4.8B | ||
| Q2 25 | $322.3M | $5.9B | ||
| Q1 25 | $321.9M | $5.9B | ||
| Q4 24 | $321.4M | $6.2B | ||
| Q3 24 | $212.0M | $6.5B | ||
| Q2 24 | $211.7M | $6.8B | ||
| Q1 24 | $162.0M | $6.8B |
股东权益ALHCRIG
| Q4 25 | $179.3M | $8.1B | ||
| Q3 25 | $161.9M | $8.1B | ||
| Q2 25 | $141.0M | $9.4B | ||
| Q1 25 | $108.1M | $10.2B | ||
| Q4 24 | $99.9M | $10.3B | ||
| Q3 24 | $114.5M | $10.2B | ||
| Q2 24 | $123.7M | $10.7B | ||
| Q1 24 | $130.9M | $10.5B |
总资产ALHCRIG
| Q4 25 | $1.1B | $15.6B | ||
| Q3 25 | $1.1B | $16.2B | ||
| Q2 25 | $1.0B | $17.8B | ||
| Q1 25 | $895.6M | $19.0B | ||
| Q4 24 | $782.1M | $19.4B | ||
| Q3 24 | $692.3M | $19.5B | ||
| Q2 24 | $716.3M | $20.3B | ||
| Q1 24 | $633.2M | $19.9B |
负债/权益比ALHCRIG
| Q4 25 | 1.80× | 0.64× | ||
| Q3 25 | 1.99× | 0.60× | ||
| Q2 25 | 2.29× | 0.63× | ||
| Q1 25 | 2.98× | 0.58× | ||
| Q4 24 | 3.22× | 0.60× | ||
| Q3 24 | 1.85× | 0.64× | ||
| Q2 24 | 1.71× | 0.63× | ||
| Q1 24 | 1.24× | 0.65× |
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 | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $-55.4M | $321.0M |
| 自由现金流率自由现金流/营收 | -5.5% | 30.8% |
| 资本支出强度资本支出/营收 | 0.5% | 2.7% |
| 现金转化率经营现金流/净利润 | — | 13.96× |
| 过去12个月自由现金流最近4个季度 | $113.1M | $626.0M |
8季度趋势，按日历期对齐
经营现金流ALHCRIG
| Q4 25 | $-50.4M | $349.0M | ||
| Q3 25 | $144.6M | $246.0M | ||
| Q2 25 | $29.1M | $128.0M | ||
| Q1 25 | $16.6M | $26.0M | ||
| Q4 24 | $-8.7M | $206.0M | ||
| Q3 24 | $26.2M | $194.0M | ||
| Q2 24 | $23.5M | $133.0M | ||
| Q1 24 | $-6.2M | $-86.0M |
自由现金流ALHCRIG
| Q4 25 | $-55.4M | $321.0M | ||
| Q3 25 | $139.1M | $235.0M | ||
| Q2 25 | $21.1M | $104.0M | ||
| Q1 25 | $8.4M | $-34.0M | ||
| Q4 24 | $-18.0M | $177.0M | ||
| Q3 24 | $16.9M | $136.0M | ||
| Q2 24 | $11.8M | $49.0M | ||
| Q1 24 | $-17.4M | $-169.0M |
自由现金流率ALHCRIG
| Q4 25 | -5.5% | 30.8% | ||
| Q3 25 | 14.0% | 22.9% | ||
| Q2 25 | 2.1% | 10.5% | ||
| Q1 25 | 0.9% | -3.8% | ||
| Q4 24 | -2.6% | 18.6% | ||
| Q3 24 | 2.4% | 14.3% | ||
| Q2 24 | 1.7% | 5.7% | ||
| Q1 24 | -2.8% | -22.1% |
资本支出强度ALHCRIG
| Q4 25 | 0.5% | 2.7% | ||
| Q3 25 | 0.6% | 1.1% | ||
| Q2 25 | 0.8% | 2.4% | ||
| Q1 25 | 0.9% | 6.6% | ||
| Q4 24 | 1.3% | 3.0% | ||
| Q3 24 | 1.3% | 6.1% | ||
| Q2 24 | 1.7% | 9.8% | ||
| Q1 24 | 1.8% | 10.9% |
现金转化率ALHCRIG
| Q4 25 | — | 13.96× | ||
| Q3 25 | 38.77× | — | ||
| Q2 25 | 1.86× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 29.43× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -0.88× |
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
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
