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Alignment Healthcare, Inc.（ALHC）与Worthington Steel, Inc.（WS）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Worthington Steel, Inc.的1.4倍（$1.2B vs $871.9M），Worthington Steel, Inc.净利率更高（2.2% vs 0.9%，领先1.2%），Worthington Steel, Inc.同比增速更快（18.0% vs -74.7%），过去两年Alignment Healthcare, Inc.的营收复合增速更高（34.6% vs 3.9%）
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。
沃辛顿钢铁是总部位于美国俄亥俄州哥伦布市的工业制造企业，下设消费品和建筑建材两大业务板块，主营各类压力容器的设计与生产，覆盖丙烷、氧气、氦气储罐，制冷剂及工业气瓶，露营与民用气瓶，以及用于存储、处理、加热、扩容和流量控制的供水系统罐体等产品。
ALHC vs WS — 直观对比
营收规模更大
ALHC
是对方的1.4倍
$871.9M
营收增速更快
WS
高出92.7%
-74.7%
净利率更高
WS
高出1.2%
0.9%
两年增速更快
ALHC
近两年复合增速
3.9%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $871.9M |
| 净利润 | $11.4M | $18.8M |
| 毛利率 | — | 10.7% |
| 营业利润率 | — | 2.5% |
| 净利率 | 0.9% | 2.2% |
| 营收同比 | -74.7% | 18.0% |
| 净利润同比 | — | 46.9% |
| 每股收益（稀释后） | — | $0.37 |
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ALHCWS
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.0B | $871.9M | ||
| Q3 25 | $993.7M | $872.9M | ||
| Q2 25 | $1.0B | $832.9M | ||
| Q1 25 | $926.9M | $687.4M | ||
| Q4 24 | $701.2M | $739.0M | ||
| Q3 24 | $692.4M | $834.0M | ||
| Q2 24 | $681.3M | — |
净利润ALHCWS
| Q1 26 | $11.4M | — | ||
| Q4 25 | $-11.0M | $18.8M | ||
| Q3 25 | $3.7M | $36.8M | ||
| Q2 25 | $15.7M | $55.7M | ||
| Q1 25 | $-9.1M | $13.8M | ||
| Q4 24 | $-31.1M | $12.8M | ||
| Q3 24 | $-26.4M | $28.4M | ||
| Q2 24 | $-24.0M | — |
毛利率ALHCWS
| Q1 26 | — | — | ||
| Q4 25 | — | 10.7% | ||
| Q3 25 | — | 13.2% | ||
| Q2 25 | — | 15.2% | ||
| Q1 25 | — | 11.8% | ||
| Q4 24 | — | 10.8% | ||
| Q3 24 | — | 12.0% | ||
| Q2 24 | — | — |
营业利润率ALHCWS
| Q1 26 | — | — | ||
| Q4 25 | -1.0% | 2.5% | ||
| Q3 25 | 0.8% | 5.5% | ||
| Q2 25 | 2.2% | 8.0% | ||
| Q1 25 | -0.6% | 2.7% | ||
| Q4 24 | -3.2% | 2.6% | ||
| Q3 24 | -2.8% | 5.2% | ||
| Q2 24 | -2.7% | — |
净利率ALHCWS
| Q1 26 | 0.9% | — | ||
| Q4 25 | -1.1% | 2.2% | ||
| Q3 25 | 0.4% | 4.2% | ||
| Q2 25 | 1.5% | 6.7% | ||
| Q1 25 | -1.0% | 2.0% | ||
| Q4 24 | -4.4% | 1.7% | ||
| Q3 24 | -3.8% | 3.4% | ||
| Q2 24 | -3.5% | — |
每股收益（稀释后）ALHCWS
| Q1 26 | — | — | ||
| Q4 25 | $-0.04 | $0.37 | ||
| Q3 25 | $0.02 | $0.72 | ||
| Q2 25 | $0.07 | $1.11 | ||
| Q1 25 | $-0.05 | $0.27 | ||
| Q4 24 | $-0.15 | $0.25 | ||
| Q3 24 | $-0.14 | $0.56 | ||
| Q2 24 | $-0.13 | — |
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 | $89.8M |
| 总债务越低越好 | — | $72.1M |
| 股东权益账面价值 | $206.9M | $1.1B |
| 总资产 | $1.3B | $2.1B |
| 负债/权益比越低杠杆越低 | — | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资ALHCWS
| Q1 26 | $705.6M | — | ||
| Q4 25 | $604.2M | $89.8M | ||
| Q3 25 | $644.1M | $78.3M | ||
| Q2 25 | $503.8M | $38.0M | ||
| Q1 25 | $479.5M | $63.3M | ||
| Q4 24 | $470.6M | $52.0M | ||
| Q3 24 | $381.0M | $36.0M | ||
| Q2 24 | $363.7M | — |
总债务ALHCWS
| Q1 26 | — | — | ||
| Q4 25 | $323.2M | $72.1M | ||
| Q3 25 | $322.7M | $73.4M | ||
| Q2 25 | $322.3M | $151.5M | ||
| Q1 25 | $321.9M | — | ||
| Q4 24 | $321.4M | $115.0M | ||
| Q3 24 | $212.0M | $122.2M | ||
| Q2 24 | $211.7M | — |
股东权益ALHCWS
| Q1 26 | $206.9M | — | ||
| Q4 25 | $179.3M | $1.1B | ||
| Q3 25 | $161.9M | $1.1B | ||
| Q2 25 | $141.0M | $1.1B | ||
| Q1 25 | $108.1M | $1.0B | ||
| Q4 24 | $99.9M | $1.0B | ||
| Q3 24 | $114.5M | $1.0B | ||
| Q2 24 | $123.7M | — |
总资产ALHCWS
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.1B | $2.1B | ||
| Q3 25 | $1.1B | $2.2B | ||
| Q2 25 | $1.0B | $2.0B | ||
| Q1 25 | $895.6M | $1.8B | ||
| Q4 24 | $782.1M | $1.7B | ||
| Q3 24 | $692.3M | $1.8B | ||
| Q2 24 | $716.3M | — |
负债/权益比ALHCWS
| Q1 26 | — | — | ||
| Q4 25 | 1.80× | 0.06× | ||
| Q3 25 | 1.99× | 0.07× | ||
| Q2 25 | 2.29× | 0.14× | ||
| Q1 25 | 2.98× | — | ||
| Q4 24 | 3.22× | 0.11× | ||
| Q3 24 | 1.85× | 0.12× | ||
| 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 | $99.3M |
| 自由现金流经营现金流 - 资本支出 | — | $74.6M |
| 自由现金流率自由现金流/营收 | — | 8.6% |
| 资本支出强度资本支出/营收 | — | 2.8% |
| 现金转化率经营现金流/净利润 | 11.27× | 5.28× |
| 过去12个月自由现金流最近4个季度 | — | $72.5M |
8季度趋势，按日历期对齐
经营现金流ALHCWS
| Q1 26 | $128.7M | — | ||
| Q4 25 | $-50.4M | $99.3M | ||
| Q3 25 | $144.6M | $-6.3M | ||
| Q2 25 | $29.1M | $53.9M | ||
| Q1 25 | $16.6M | $53.8M | ||
| Q4 24 | $-8.7M | $68.0M | ||
| Q3 24 | $26.2M | $54.6M | ||
| Q2 24 | $23.5M | — |
自由现金流ALHCWS
| Q1 26 | — | — | ||
| Q4 25 | $-55.4M | $74.6M | ||
| Q3 25 | $139.1M | $-35.7M | ||
| Q2 25 | $21.1M | $8.4M | ||
| Q1 25 | $8.4M | $25.2M | ||
| Q4 24 | $-18.0M | $33.2M | ||
| Q3 24 | $16.9M | $33.1M | ||
| Q2 24 | $11.8M | — |
自由现金流率ALHCWS
| Q1 26 | — | — | ||
| Q4 25 | -5.5% | 8.6% | ||
| Q3 25 | 14.0% | -4.1% | ||
| Q2 25 | 2.1% | 1.0% | ||
| Q1 25 | 0.9% | 3.7% | ||
| Q4 24 | -2.6% | 4.5% | ||
| Q3 24 | 2.4% | 4.0% | ||
| Q2 24 | 1.7% | — |
资本支出强度ALHCWS
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 2.8% | ||
| Q3 25 | 0.6% | 3.4% | ||
| Q2 25 | 0.8% | 5.5% | ||
| Q1 25 | 0.9% | 4.2% | ||
| Q4 24 | 1.3% | 4.7% | ||
| Q3 24 | 1.3% | 2.6% | ||
| Q2 24 | 1.7% | — |
现金转化率ALHCWS
| Q1 26 | 11.27× | — | ||
| Q4 25 | — | 5.28× | ||
| Q3 25 | 38.77× | -0.17× | ||
| Q2 25 | 1.86× | 0.97× | ||
| Q1 25 | — | 3.90× | ||
| Q4 24 | — | 5.31× | ||
| Q3 24 | — | 1.92× | ||
| Q2 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
WS
| Direct | $844.1M | 97% |
| Toll | $27.8M | 3% |
