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Alight, Inc.（ALIT）与Concentra Group Holdings Parent, Inc.（CON）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Concentra Group Holdings Parent, Inc.的1.1倍（$653.0M vs $569.6M），Concentra Group Holdings Parent, Inc.净利率更高（9.2% vs -142.7%，领先151.9%），Concentra Group Holdings Parent, Inc.同比增速更快（13.7% vs -4.0%），Alight, Inc.自由现金流更多（$99.0M vs $9.9M）
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。
Concentra是美国的职业医疗服务商，1979年成立于得克萨斯州阿马里洛，总部位于得克萨斯州艾迪生。业务覆盖美国47个州，运营627家职业医疗中心和410个雇主驻地现场诊所，美国每7起职业伤害案例中就有1起由该机构提供诊疗服务。
ALIT vs CON — 直观对比
营收规模更大
ALIT
是对方的1.1倍
$569.6M
营收增速更快
CON
高出17.7%
-4.0%
净利率更高
CON
高出151.9%
-142.7%
自由现金流更多
ALIT
多$89.1M
$9.9M
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $653.0M | $569.6M |
| 净利润 | $-932.0M | $52.3M |
| 毛利率 | 36.8% | — |
| 营业利润率 | -114.9% | 16.8% |
| 净利率 | -142.7% | 9.2% |
| 营收同比 | -4.0% | 13.7% |
| 净利润同比 | -11750.0% | 28.7% |
| 每股收益（稀释后） | $-1.77 | $0.39 |
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ALITCON
| Q1 26 | — | $569.6M | ||
| Q4 25 | $653.0M | $539.1M | ||
| Q3 25 | $533.0M | $572.8M | ||
| Q2 25 | $528.0M | $550.8M | ||
| Q1 25 | $548.0M | $500.8M | ||
| Q4 24 | $680.0M | — | ||
| Q3 24 | $555.0M | $489.6M | ||
| Q2 24 | $538.0M | $477.9M |
净利润ALITCON
| Q1 26 | — | $52.3M | ||
| Q4 25 | $-932.0M | $34.7M | ||
| Q3 25 | $-1.1B | $48.3M | ||
| Q2 25 | $-1.1B | $44.6M | ||
| Q1 25 | $-25.0M | $38.9M | ||
| Q4 24 | $8.0M | — | ||
| Q3 24 | $-74.0M | $44.3M | ||
| Q2 24 | $23.0M | $51.7M |
毛利率ALITCON
| Q1 26 | — | — | ||
| Q4 25 | 36.8% | — | ||
| Q3 25 | 33.4% | — | ||
| Q2 25 | 33.3% | — | ||
| Q1 25 | 31.2% | — | ||
| Q4 24 | 39.9% | — | ||
| Q3 24 | 31.4% | — | ||
| Q2 24 | 31.0% | — |
营业利润率ALITCON
| Q1 26 | — | 16.8% | ||
| Q4 25 | -114.9% | 12.9% | ||
| Q3 25 | -248.0% | 16.5% | ||
| Q2 25 | -191.3% | 16.3% | ||
| Q1 25 | -1.5% | 16.0% | ||
| Q4 24 | 6.5% | — | ||
| Q3 24 | -7.6% | 17.6% | ||
| Q2 24 | -9.7% | 17.6% |
净利率ALITCON
| Q1 26 | — | 9.2% | ||
| Q4 25 | -142.7% | 6.4% | ||
| Q3 25 | -200.2% | 8.4% | ||
| Q2 25 | -203.2% | 8.1% | ||
| Q1 25 | -4.6% | 7.8% | ||
| Q4 24 | 1.2% | — | ||
| Q3 24 | -13.3% | 9.1% | ||
| Q2 24 | 4.3% | 10.8% |
每股收益（稀释后）ALITCON
| Q1 26 | — | $0.39 | ||
| Q4 25 | $-1.77 | $0.27 | ||
| Q3 25 | $-2.02 | $0.38 | ||
| Q2 25 | $-2.03 | $0.35 | ||
| Q1 25 | $-0.05 | $0.30 | ||
| Q4 24 | $0.02 | — | ||
| Q3 24 | $-0.14 | $0.37 | ||
| Q2 24 | $0.04 | $0.50 |
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 | — |
| 总债务越低越好 | $2.0B | $1.6B |
| 股东权益账面价值 | $1.0B | $424.7M |
| 总资产 | $4.6B | $2.9B |
| 负债/权益比越低杠杆越低 | 1.92× | 3.68× |
8季度趋势，按日历期对齐
现金及短期投资ALITCON
| Q1 26 | — | — | ||
| Q4 25 | $273.0M | $79.9M | ||
| Q3 25 | $205.0M | $49.9M | ||
| Q2 25 | $227.0M | $73.9M | ||
| Q1 25 | $223.0M | $52.1M | ||
| Q4 24 | $343.0M | — | ||
| Q3 24 | $300.0M | $136.8M | ||
| Q2 24 | $183.0M | $50.7M |
总债务ALITCON
| Q1 26 | — | $1.6B | ||
| Q4 25 | $2.0B | $1.6B | ||
| Q3 25 | $2.0B | $1.6B | ||
| Q2 25 | $2.0B | $1.7B | ||
| Q1 25 | $2.0B | $1.6B | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.0B | $1.5B | ||
| Q2 24 | $2.8B | $3.0M |
股东权益ALITCON
| Q1 26 | — | $424.7M | ||
| Q4 25 | $1.0B | $393.3M | ||
| Q3 25 | $2.0B | $385.5M | ||
| Q2 25 | $3.1B | $342.6M | ||
| Q1 25 | $4.2B | $307.1M | ||
| Q4 24 | $4.3B | — | ||
| Q3 24 | $4.3B | $277.8M | ||
| Q2 24 | $4.5B | $1.2B |
总资产ALITCON
| Q1 26 | — | $2.9B | ||
| Q4 25 | $4.6B | $2.9B | ||
| Q3 25 | $5.5B | $2.8B | ||
| Q2 25 | $6.8B | $2.8B | ||
| Q1 25 | $7.9B | $2.7B | ||
| Q4 24 | $8.2B | — | ||
| Q3 24 | $8.3B | $2.5B | ||
| Q2 24 | $10.5B | $2.4B |
负债/权益比ALITCON
| Q1 26 | — | 3.68× | ||
| Q4 25 | 1.92× | 3.98× | ||
| Q3 25 | 1.00× | 4.15× | ||
| Q2 25 | 0.65× | 4.82× | ||
| Q1 25 | 0.48× | 5.27× | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | 0.47× | 5.30× | ||
| Q2 24 | 0.62× | 0.00× |
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 | $21.0M |
| 自由现金流经营现金流 - 资本支出 | $99.0M | $9.9M |
| 自由现金流率自由现金流/营收 | 15.2% | 1.7% |
| 资本支出强度资本支出/营收 | 3.8% | — |
| 现金转化率经营现金流/净利润 | — | 0.40× |
| 过去12个月自由现金流最近4个季度 | $250.0M | $211.0M |
8季度趋势，按日历期对齐
经营现金流ALITCON
| Q1 26 | — | $21.0M | ||
| Q4 25 | $124.0M | $118.7M | ||
| Q3 25 | $77.0M | $60.6M | ||
| Q2 25 | $86.0M | $88.4M | ||
| Q1 25 | $73.0M | $11.7M | ||
| Q4 24 | $118.0M | — | ||
| Q3 24 | $-24.0M | $65.9M | ||
| Q2 24 | $58.0M | — |
自由现金流ALITCON
| Q1 26 | — | $9.9M | ||
| Q4 25 | $99.0M | $98.5M | ||
| Q3 25 | $49.0M | $39.4M | ||
| Q2 25 | $58.0M | $63.2M | ||
| Q1 25 | $44.0M | $-4.0M | ||
| Q4 24 | $92.0M | — | ||
| Q3 24 | $-52.0M | $50.8M | ||
| Q2 24 | $22.0M | — |
自由现金流率ALITCON
| Q1 26 | — | 1.7% | ||
| Q4 25 | 15.2% | 18.3% | ||
| Q3 25 | 9.2% | 6.9% | ||
| Q2 25 | 11.0% | 11.5% | ||
| Q1 25 | 8.0% | -0.8% | ||
| Q4 24 | 13.5% | — | ||
| Q3 24 | -9.4% | 10.4% | ||
| Q2 24 | 4.1% | — |
资本支出强度ALITCON
| Q1 26 | — | — | ||
| Q4 25 | 3.8% | 3.7% | ||
| Q3 25 | 5.3% | 3.7% | ||
| Q2 25 | 5.3% | 4.6% | ||
| Q1 25 | 5.3% | 3.1% | ||
| Q4 24 | 3.8% | — | ||
| Q3 24 | 5.0% | 3.1% | ||
| Q2 24 | 6.7% | — |
现金转化率ALITCON
| Q1 26 | — | 0.40× | ||
| Q4 25 | — | 3.42× | ||
| Q3 25 | — | 1.26× | ||
| Q2 25 | — | 1.98× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | 14.75× | — | ||
| Q3 24 | — | 1.49× | ||
| Q2 24 | 2.52× | — |
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% |
CON
| Workers' compensation | $337.7M | 59% |
| Employer services | $172.4M | 30% |
| Onsite health clinics | $37.2M | 7% |
| Other | $14.5M | 3% |
| Consumer health | $7.8M | 1% |
