vs
Alight, Inc.（ALIT）与CBIZ, Inc.（CBZ）财务数据对比。点击上方公司名可切换其他公司
Alight, Inc.的季度营收约是CBIZ, Inc.的1.2倍（$653.0M vs $542.7M），CBIZ, Inc.净利率更高（-14.6% vs -142.7%，领先128.1%），CBIZ, Inc.同比增速更快（17.9% vs -4.0%），CBIZ, Inc.自由现金流更多（$141.7M vs $99.0M），过去两年Alight, Inc.的营收复合增速更高（8.1% vs 4.8%）
Alight公司是一家美国信息技术与咨询企业，专注于人力资源相关业务，主打基于云的系统服务、业务外包与咨询服务，为大型企业提供人力资本管理平台与外包方案，业务范围涵盖健康福利管理、财务管理以及退休规划等领域。
CBIZ, Inc.是美国知名的金融、保险及咨询服务提供商，总部位于俄亥俄州独立市，为美国规模最大的会计、保险经纪、金融与咨询服务机构之一。集团在全美设有120多个办事处，拥有近7000名员工，1996年起在纽交所上市，1997年起使用股票代码CBZ交易。
ALIT vs CBZ — 直观对比
营收规模更大
ALIT
是对方的1.2倍
$542.7M
营收增速更快
CBZ
高出21.9%
-4.0%
净利率更高
CBZ
高出128.1%
-142.7%
自由现金流更多
CBZ
多$42.7M
$99.0M
两年增速更快
ALIT
近两年复合增速
4.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $653.0M | $542.7M |
| 净利润 | $-932.0M | $-79.4M |
| 毛利率 | 36.8% | -9.4% |
| 营业利润率 | -114.9% | -15.7% |
| 净利率 | -142.7% | -14.6% |
| 营收同比 | -4.0% | 17.9% |
| 净利润同比 | -11750.0% | 12.5% |
| 每股收益（稀释后） | $-1.77 | $-1.22 |
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ALITCBZ
| Q4 25 | $653.0M | $542.7M | ||
| Q3 25 | $533.0M | $693.8M | ||
| Q2 25 | $528.0M | $683.5M | ||
| Q1 25 | $548.0M | $838.0M | ||
| Q4 24 | $680.0M | $460.3M | ||
| Q3 24 | $555.0M | $438.9M | ||
| Q2 24 | $538.0M | $420.0M | ||
| Q1 24 | $559.0M | $494.3M |
净利润ALITCBZ
| Q4 25 | $-932.0M | $-79.4M | ||
| Q3 25 | $-1.1B | $30.1M | ||
| Q2 25 | $-1.1B | $41.9M | ||
| Q1 25 | $-25.0M | $122.8M | ||
| Q4 24 | $8.0M | $-90.7M | ||
| Q3 24 | $-74.0M | $35.1M | ||
| Q2 24 | $23.0M | $19.8M | ||
| Q1 24 | $-114.0M | $76.9M |
毛利率ALITCBZ
| Q4 25 | 36.8% | -9.4% | ||
| Q3 25 | 33.4% | 13.0% | ||
| Q2 25 | 33.3% | 12.9% | ||
| Q1 25 | 31.2% | 27.2% | ||
| Q4 24 | 39.9% | -13.4% | ||
| Q3 24 | 31.4% | 16.6% | ||
| Q2 24 | 31.0% | 12.8% | ||
| Q1 24 | 32.6% | 23.8% |
营业利润率ALITCBZ
| Q4 25 | -114.9% | -15.7% | ||
| Q3 25 | -248.0% | 8.5% | ||
| Q2 25 | -191.3% | 8.8% | ||
| Q1 25 | -1.5% | 23.9% | ||
| Q4 24 | 6.5% | -23.2% | ||
| Q3 24 | -7.6% | 11.3% | ||
| Q2 24 | -9.7% | 7.5% | ||
| Q1 24 | -7.2% | 20.0% |
净利率ALITCBZ
| Q4 25 | -142.7% | -14.6% | ||
| Q3 25 | -200.2% | 4.3% | ||
| Q2 25 | -203.2% | 6.1% | ||
| Q1 25 | -4.6% | 14.7% | ||
| Q4 24 | 1.2% | -19.7% | ||
| Q3 24 | -13.3% | 8.0% | ||
| Q2 24 | 4.3% | 4.7% | ||
| Q1 24 | -20.4% | 15.6% |
每股收益（稀释后）ALITCBZ
| Q4 25 | $-1.77 | $-1.22 | ||
| Q3 25 | $-2.02 | $0.48 | ||
| Q2 25 | $-2.03 | $0.66 | ||
| Q1 25 | $-0.05 | $1.91 | ||
| Q4 24 | $0.02 | $-1.84 | ||
| Q3 24 | $-0.14 | $0.70 | ||
| Q2 24 | $0.04 | $0.39 | ||
| Q1 24 | $-0.21 | $1.53 |
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 | $273.0M | $18.3M |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $1.0B | $1.8B |
| 总资产 | $4.6B | $4.4B |
| 负债/权益比越低杠杆越低 | 1.92× | — |
8季度趋势，按日历期对齐
现金及短期投资ALITCBZ
| Q4 25 | $273.0M | $18.3M | ||
| Q3 25 | $205.0M | $17.0M | ||
| Q2 25 | $227.0M | $39.8M | ||
| Q1 25 | $223.0M | $8.8M | ||
| Q4 24 | $343.0M | $13.8M | ||
| Q3 24 | $300.0M | $1.1M | ||
| Q2 24 | $183.0M | $1.1M | ||
| Q1 24 | $256.0M | $1.4M |
总债务ALITCBZ
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $2.8B | — | ||
| Q1 24 | $2.8B | — |
股东权益ALITCBZ
| Q4 25 | $1.0B | $1.8B | ||
| Q3 25 | $2.0B | $1.9B | ||
| Q2 25 | $3.1B | $1.9B | ||
| Q1 25 | $4.2B | $1.9B | ||
| Q4 24 | $4.3B | $1.8B | ||
| Q3 24 | $4.3B | $927.9M | ||
| Q2 24 | $4.5B | $891.4M | ||
| Q1 24 | $4.5B | $867.1M |
总资产ALITCBZ
| Q4 25 | $4.6B | $4.4B | ||
| Q3 25 | $5.5B | $4.5B | ||
| Q2 25 | $6.8B | $4.5B | ||
| Q1 25 | $7.9B | $4.6B | ||
| Q4 24 | $8.2B | $4.5B | ||
| Q3 24 | $8.3B | $2.1B | ||
| Q2 24 | $10.5B | $2.2B | ||
| Q1 24 | $10.7B | $2.2B |
负债/权益比ALITCBZ
| Q4 25 | 1.92× | — | ||
| Q3 25 | 1.00× | — | ||
| Q2 25 | 0.65× | — | ||
| Q1 25 | 0.48× | — | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.62× | — | ||
| Q1 24 | 0.62× | — |
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 | $124.0M | $143.6M |
| 自由现金流经营现金流 - 资本支出 | $99.0M | $141.7M |
| 自由现金流率自由现金流/营收 | 15.2% | 26.1% |
| 资本支出强度资本支出/营收 | 3.8% | 0.4% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $250.0M | $175.5M |
8季度趋势，按日历期对齐
经营现金流ALITCBZ
| Q4 25 | $124.0M | $143.6M | ||
| Q3 25 | $77.0M | $24.0M | ||
| Q2 25 | $86.0M | $113.1M | ||
| Q1 25 | $73.0M | $-88.3M | ||
| Q4 24 | $118.0M | $55.5M | ||
| Q3 24 | $-24.0M | $43.7M | ||
| Q2 24 | $58.0M | $88.2M | ||
| Q1 24 | $100.0M | $-63.7M |
自由现金流ALITCBZ
| Q4 25 | $99.0M | $141.7M | ||
| Q3 25 | $49.0M | $22.1M | ||
| Q2 25 | $58.0M | $105.2M | ||
| Q1 25 | $44.0M | $-93.4M | ||
| Q4 24 | $92.0M | $52.3M | ||
| Q3 24 | $-52.0M | $41.1M | ||
| Q2 24 | $22.0M | $86.3M | ||
| Q1 24 | $69.0M | $-68.8M |
自由现金流率ALITCBZ
| Q4 25 | 15.2% | 26.1% | ||
| Q3 25 | 9.2% | 3.2% | ||
| Q2 25 | 11.0% | 15.4% | ||
| Q1 25 | 8.0% | -11.2% | ||
| Q4 24 | 13.5% | 11.4% | ||
| Q3 24 | -9.4% | 9.4% | ||
| Q2 24 | 4.1% | 20.5% | ||
| Q1 24 | 12.3% | -13.9% |
资本支出强度ALITCBZ
| Q4 25 | 3.8% | 0.4% | ||
| Q3 25 | 5.3% | 0.3% | ||
| Q2 25 | 5.3% | 1.2% | ||
| Q1 25 | 5.3% | 0.6% | ||
| Q4 24 | 3.8% | 0.7% | ||
| Q3 24 | 5.0% | 0.6% | ||
| Q2 24 | 6.7% | 0.4% | ||
| Q1 24 | 5.5% | 1.0% |
现金转化率ALITCBZ
| Q4 25 | — | — | ||
| Q3 25 | — | 0.79× | ||
| Q2 25 | — | 2.70× | ||
| Q1 25 | — | -0.72× | ||
| Q4 24 | 14.75× | — | ||
| Q3 24 | — | 1.25× | ||
| Q2 24 | 2.52× | 4.45× | ||
| Q1 24 | — | -0.83× |
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
ALIT
| Recurring | $607.0M | 93% |
| Projects | $46.0M | 7% |
CBZ
| Financial Services | $439.5M | 81% |
| Benefits And Insurance Services | $91.3M | 17% |
| National Practices | $11.9M | 2% |
