vs
爱玛客（ARMK）与通用电气医疗（GEHC）财务数据对比。点击上方公司名可切换其他公司
通用电气医疗的季度营收约是爱玛客的1.2倍（$5.7B vs $4.8B），通用电气医疗净利率更高（10.3% vs 2.0%，领先8.3%），通用电气医疗同比增速更快（7.1% vs 6.1%），过去两年通用电气医疗的营收复合增速更高（10.7% vs 7.3%）
爱玛客是美国知名的餐饮服务与设施管理服务商，服务覆盖教育、司法监管、医疗、企业、休闲文旅等多个领域，业务遍布北美地区及英国、德国、智利、爱尔兰、西班牙在内的14个国家，为各场景客户提供专业后勤支持解决方案。
通用电气医疗是总部位于美国伊利诺伊州芝加哥的医疗科技企业，旗下设四大业务板块：医学影像（含分子成像、CT、核磁共振、女性健康筛查、X射线系统）、超声、患者护理解决方案（聚焦远程患者监测、麻醉呼吸护理、心脏病诊断、婴幼儿照护）及制药诊断业务。
ARMK vs GEHC — 直观对比
营收规模更大
GEHC
是对方的1.2倍
$4.8B
营收增速更快
GEHC
高出1.0%
6.1%
净利率更高
GEHC
高出8.3%
2.0%
两年增速更快
GEHC
近两年复合增速
7.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.8B | $5.7B |
| 净利润 | $96.2M | $588.0M |
| 毛利率 | — | 39.7% |
| 营业利润率 | 4.5% | 14.5% |
| 净利率 | 2.0% | 10.3% |
| 营收同比 | 6.1% | 7.1% |
| 净利润同比 | -9.0% | -18.4% |
| 每股收益（稀释后） | $0.36 | $1.28 |
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ARMKGEHC
| Q1 26 | $4.8B | — | ||
| Q4 25 | $5.0B | $5.7B | ||
| Q3 25 | — | $5.1B | ||
| Q2 25 | $4.6B | $5.0B | ||
| Q1 25 | $4.3B | $4.8B | ||
| Q4 24 | $4.6B | $5.3B | ||
| Q3 24 | $4.4B | $4.9B | ||
| Q2 24 | $4.4B | $4.8B |
净利润ARMKGEHC
| Q1 26 | $96.2M | — | ||
| Q4 25 | $87.1M | $588.0M | ||
| Q3 25 | — | $446.0M | ||
| Q2 25 | $71.8M | $486.0M | ||
| Q1 25 | $61.9M | $564.0M | ||
| Q4 24 | $105.6M | $721.0M | ||
| Q3 24 | $122.4M | $470.0M | ||
| Q2 24 | $58.1M | $428.0M |
毛利率ARMKGEHC
| Q1 26 | — | — | ||
| Q4 25 | — | 39.7% | ||
| Q3 25 | — | 38.7% | ||
| Q2 25 | — | 39.6% | ||
| Q1 25 | — | 42.1% | ||
| Q4 24 | — | 42.8% | ||
| Q3 24 | — | 41.7% | ||
| Q2 24 | — | 41.4% |
营业利润率ARMKGEHC
| Q1 26 | 4.5% | — | ||
| Q4 25 | 4.3% | 14.5% | ||
| Q3 25 | — | 12.7% | ||
| Q2 25 | 3.9% | 13.1% | ||
| Q1 25 | 4.1% | 13.2% | ||
| Q4 24 | 4.8% | 15.1% | ||
| Q3 24 | 5.0% | 13.9% | ||
| Q2 24 | 3.7% | 12.6% |
净利率ARMKGEHC
| Q1 26 | 2.0% | — | ||
| Q4 25 | 1.7% | 10.3% | ||
| Q3 25 | — | 8.7% | ||
| Q2 25 | 1.6% | 9.7% | ||
| Q1 25 | 1.4% | 11.8% | ||
| Q4 24 | 2.3% | 13.6% | ||
| Q3 24 | 2.8% | 9.7% | ||
| Q2 24 | 1.3% | 8.8% |
每股收益（稀释后）ARMKGEHC
| Q1 26 | $0.36 | — | ||
| Q4 25 | $0.33 | $1.28 | ||
| Q3 25 | — | $0.98 | ||
| Q2 25 | $0.27 | $1.06 | ||
| Q1 25 | $0.23 | $1.23 | ||
| Q4 24 | $0.39 | $1.58 | ||
| Q3 24 | $0.46 | $1.02 | ||
| Q2 24 | $0.22 | $0.93 |
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 | $439.6M | $4.5B |
| 总债务越低越好 | $6.2B | $10.0B |
| 股东权益账面价值 | $3.2B | $10.4B |
| 总资产 | $13.5B | $36.9B |
| 负债/权益比越低杠杆越低 | 1.94× | 0.96× |
8季度趋势，按日历期对齐
现金及短期投资ARMKGEHC
| Q1 26 | $439.6M | — | ||
| Q4 25 | $639.1M | $4.5B | ||
| Q3 25 | — | $4.0B | ||
| Q2 25 | $501.5M | $3.7B | ||
| Q1 25 | $920.5M | $2.5B | ||
| Q4 24 | $484.1M | $2.9B | ||
| Q3 24 | $672.5M | $3.5B | ||
| Q2 24 | $436.1M | $2.0B |
总债务ARMKGEHC
| Q1 26 | $6.2B | — | ||
| Q4 25 | $5.4B | $10.0B | ||
| Q3 25 | — | $10.3B | ||
| Q2 25 | $6.3B | $10.3B | ||
| Q1 25 | $6.1B | $8.8B | ||
| Q4 24 | $5.0B | $9.0B | ||
| Q3 24 | $4.3B | $10.3B | ||
| Q2 24 | $5.0B | $9.2B |
股东权益ARMKGEHC
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.1B | $10.4B | ||
| Q3 25 | — | $10.0B | ||
| Q2 25 | $3.1B | $9.7B | ||
| Q1 25 | $3.0B | $9.2B | ||
| Q4 24 | $3.1B | $8.4B | ||
| Q3 24 | $3.0B | $8.3B | ||
| Q2 24 | $2.9B | $7.8B |
总资产ARMKGEHC
| Q1 26 | $13.5B | — | ||
| Q4 25 | $13.3B | $36.9B | ||
| Q3 25 | — | $36.1B | ||
| Q2 25 | $13.3B | $35.5B | ||
| Q1 25 | $13.5B | $33.6B | ||
| Q4 24 | $12.7B | $33.1B | ||
| Q3 24 | $12.7B | $33.9B | ||
| Q2 24 | $12.5B | $31.9B |
负债/权益比ARMKGEHC
| Q1 26 | 1.94× | — | ||
| Q4 25 | 1.71× | 0.96× | ||
| Q3 25 | — | 1.03× | ||
| Q2 25 | 2.03× | 1.06× | ||
| Q1 25 | 2.02× | 0.95× | ||
| Q4 24 | 1.61× | 1.06× | ||
| Q3 24 | 1.42× | 1.24× | ||
| Q2 24 | 1.71× | 1.18× |
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 | $-782.2M | — |
| 自由现金流经营现金流 - 资本支出 | $-904.4M | — |
| 自由现金流率自由现金流/营收 | -18.7% | — |
| 资本支出强度资本支出/营收 | 2.5% | 2.4% |
| 现金转化率经营现金流/净利润 | -8.13× | — |
| 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ARMKGEHC
| Q1 26 | $-782.2M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $76.7M | $94.0M | ||
| Q1 25 | $255.9M | $250.0M | ||
| Q4 24 | $-587.2M | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $140.7M | $-119.0M |
自由现金流ARMKGEHC
| Q1 26 | $-904.4M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $-34.7M | $8.0M | ||
| Q1 25 | $140.1M | $98.0M | ||
| Q4 24 | $-707.0M | — | ||
| Q3 24 | $882.3M | — | ||
| Q2 24 | $55.6M | $-183.0M |
自由现金流率ARMKGEHC
| Q1 26 | -18.7% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.8% | 0.2% | ||
| Q1 25 | 3.3% | 2.1% | ||
| Q4 24 | -15.5% | — | ||
| Q3 24 | 20.0% | — | ||
| Q2 24 | 1.3% | -3.8% |
资本支出强度ARMKGEHC
| Q1 26 | 2.5% | — | ||
| Q4 25 | 2.8% | 2.4% | ||
| Q3 25 | — | 2.1% | ||
| Q2 25 | 2.4% | 1.7% | ||
| Q1 25 | 2.7% | 3.2% | ||
| Q4 24 | 2.6% | 1.9% | ||
| Q3 24 | 3.2% | 1.9% | ||
| Q2 24 | 1.9% | 1.3% |
现金转化率ARMKGEHC
| Q1 26 | -8.13× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.07× | 0.19× | ||
| Q1 25 | 4.14× | 0.44× | ||
| Q4 24 | -5.56× | — | ||
| Q3 24 | 8.35× | — | ||
| Q2 24 | 2.42× | -0.28× |
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
ARMK
| Education | $1.1B | 22% |
| Sports Leisure Corrections | $961.2M | 20% |
| Food And Support Services International | $847.8M | 18% |
| Other | $621.6M | 13% |
| Businessand Industry | $510.6M | 11% |
| Health Care | $421.3M | 9% |
| Facility Services | $382.9M | 8% |
GEHC
| Imaging Segment | $2.6B | 45% |
| PCS Segment | $824.0M | 14% |
| P Dx Segment | $790.0M | 14% |
| Specialized Ultrasound Subsegment | $735.0M | 13% |
| Monitoring Solutions Subsegment | $578.0M | 10% |
| Life Support Solutions Subsegment | $247.0M | 4% |
