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Astrana Health, Inc.（ASTH）与BRIGHT HORIZONS FAMILY SOLUTIONS INC.（BFAM）财务数据对比。点击上方公司名可切换其他公司
Astrana Health, Inc.的季度营收约是BRIGHT HORIZONS FAMILY SOLUTIONS INC.的1.3倍（$950.5M vs $733.7M），Astrana Health, Inc.同比增速更快（42.9% vs 8.8%），BRIGHT HORIZONS FAMILY SOLUTIONS INC.自由现金流更多（$258.5M vs $-6.0M），过去两年Astrana Health, Inc.的营收复合增速更高（53.3% vs 8.5%）
Astrana Health是一家总部位于美国的价值导向型医疗服务提供商，主要服务全美符合联邦医保资格的老年群体，提供上门初级护理、慢性病管理及护理协调服务，致力于提升患者健康水平、降低不必要的医疗支出。
Bright Horizons Family Solutions总部位于美国马萨诸塞州牛顿市，是美国规模最大的雇主赞助育儿服务运营商，除核心育儿服务外，还提供备用育儿、老人照护、学费项目管理、教育咨询、学生贷款偿还方案等多元服务，覆盖企业员工福利及教育支持领域。
ASTH vs BFAM — 直观对比
营收规模更大
ASTH
是对方的1.3倍
$733.7M
营收增速更快
ASTH
高出34.1%
8.8%
自由现金流更多
BFAM
多$264.5M
$-6.0M
两年增速更快
ASTH
近两年复合增速
8.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $950.5M | $733.7M |
| 净利润 | $6.6M | — |
| 毛利率 | — | 19.3% |
| 营业利润率 | 1.9% | 6.2% |
| 净利率 | 0.7% | — |
| 营收同比 | 42.9% | 8.8% |
| 净利润同比 | 184.4% | — |
| 每股收益（稀释后） | $0.12 | $0.38 |
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ASTHBFAM
| Q4 25 | $950.5M | $733.7M | ||
| Q3 25 | $956.0M | $802.8M | ||
| Q2 25 | $654.8M | $731.6M | ||
| Q1 25 | $620.4M | $665.5M | ||
| Q4 24 | $665.2M | $674.1M | ||
| Q3 24 | $478.7M | $719.1M | ||
| Q2 24 | $486.3M | $670.1M | ||
| Q1 24 | $404.4M | $622.7M |
净利润ASTHBFAM
| Q4 25 | $6.6M | — | ||
| Q3 25 | $373.0K | $78.6M | ||
| Q2 25 | $9.4M | $54.8M | ||
| Q1 25 | $6.7M | $38.0M | ||
| Q4 24 | $-7.8M | — | ||
| Q3 24 | $16.1M | $54.9M | ||
| Q2 24 | $19.2M | $39.2M | ||
| Q1 24 | $14.8M | $17.0M |
毛利率ASTHBFAM
| Q4 25 | — | 19.3% | ||
| Q3 25 | — | 27.0% | ||
| Q2 25 | — | 25.0% | ||
| Q1 25 | — | 23.4% | ||
| Q4 24 | — | 20.8% | ||
| Q3 24 | — | 25.2% | ||
| Q2 24 | — | 24.2% | ||
| Q1 24 | — | 21.7% |
营业利润率ASTHBFAM
| Q4 25 | 1.9% | 6.2% | ||
| Q3 25 | 2.0% | 15.1% | ||
| Q2 25 | 3.1% | 11.8% | ||
| Q1 25 | 3.3% | 9.4% | ||
| Q4 24 | 0.1% | 7.2% | ||
| Q3 24 | 5.9% | 12.4% | ||
| Q2 24 | 6.2% | 10.3% | ||
| Q1 24 | 7.5% | 6.4% |
净利率ASTHBFAM
| Q4 25 | 0.7% | — | ||
| Q3 25 | 0.0% | 9.8% | ||
| Q2 25 | 1.4% | 7.5% | ||
| Q1 25 | 1.1% | 5.7% | ||
| Q4 24 | -1.2% | — | ||
| Q3 24 | 3.4% | 7.6% | ||
| Q2 24 | 3.9% | 5.8% | ||
| Q1 24 | 3.7% | 2.7% |
每股收益（稀释后）ASTHBFAM
| Q4 25 | $0.12 | $0.38 | ||
| Q3 25 | $0.01 | $1.37 | ||
| Q2 25 | $0.19 | $0.95 | ||
| Q1 25 | $0.14 | $0.66 | ||
| Q4 24 | $-0.14 | $0.50 | ||
| Q3 24 | $0.33 | $0.94 | ||
| Q2 24 | $0.40 | $0.67 | ||
| Q1 24 | $0.31 | $0.29 |
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 | $429.5M | $140.1M |
| 总债务越低越好 | — | $747.6M |
| 股东权益账面价值 | $779.3M | $1.3B |
| 总资产 | $2.2B | $3.9B |
| 负债/权益比越低杠杆越低 | — | 0.56× |
8季度趋势，按日历期对齐
现金及短期投资ASTHBFAM
| Q4 25 | $429.5M | $140.1M | ||
| Q3 25 | $463.4M | $116.6M | ||
| Q2 25 | $342.1M | $179.2M | ||
| Q1 25 | $260.9M | $112.0M | ||
| Q4 24 | $290.8M | $110.3M | ||
| Q3 24 | $350.3M | $109.9M | ||
| Q2 24 | $327.7M | $140.2M | ||
| Q1 24 | $337.3M | $63.7M |
总债务ASTHBFAM
| Q4 25 | — | $747.6M | ||
| Q3 25 | — | $747.5M | ||
| Q2 25 | — | $797.0M | ||
| Q1 25 | — | $872.7M | ||
| Q4 24 | — | $918.4M | ||
| Q3 24 | — | $925.7M | ||
| Q2 24 | — | $931.9M | ||
| Q1 24 | — | $938.1M |
股东权益ASTHBFAM
| Q4 25 | $779.3M | $1.3B | ||
| Q3 25 | $775.5M | $1.4B | ||
| Q2 25 | $765.5M | $1.4B | ||
| Q1 25 | $745.4M | $1.3B | ||
| Q4 24 | $712.7M | $1.3B | ||
| Q3 24 | $704.6M | $1.4B | ||
| Q2 24 | $678.9M | $1.3B | ||
| Q1 24 | $653.5M | $1.2B |
总资产ASTHBFAM
| Q4 25 | $2.2B | $3.9B | ||
| Q3 25 | $2.2B | $3.9B | ||
| Q2 25 | $1.4B | $3.9B | ||
| Q1 25 | $1.3B | $3.8B | ||
| Q4 24 | $1.4B | $3.9B | ||
| Q3 24 | $1.3B | $3.9B | ||
| Q2 24 | $1.3B | $3.8B | ||
| Q1 24 | $1.2B | $3.8B |
负债/权益比ASTHBFAM
| Q4 25 | — | 0.56× | ||
| Q3 25 | — | 0.52× | ||
| Q2 25 | — | 0.57× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.72× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.73× | ||
| Q1 24 | — | 0.76× |
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 | $-2.9M | $350.7M |
| 自由现金流经营现金流 - 资本支出 | $-6.0M | $258.5M |
| 自由现金流率自由现金流/营收 | -0.6% | 35.2% |
| 资本支出强度资本支出/营收 | 0.3% | 12.6% |
| 现金转化率经营现金流/净利润 | -0.44× | — |
| 过去12个月自由现金流最近4个季度 | $104.5M | $402.4M |
8季度趋势，按日历期对齐
经营现金流ASTHBFAM
| Q4 25 | $-2.9M | $350.7M | ||
| Q3 25 | $10.0M | $-17.6M | ||
| Q2 25 | $90.9M | $134.2M | ||
| Q1 25 | $16.6M | $86.2M | ||
| Q4 24 | $-10.9M | $337.5M | ||
| Q3 24 | $34.0M | $-8.9M | ||
| Q2 24 | $23.2M | $109.4M | ||
| Q1 24 | $6.0M | $116.3M |
自由现金流ASTHBFAM
| Q4 25 | $-6.0M | $258.5M | ||
| Q3 25 | $7.4M | $-42.4M | ||
| Q2 25 | $89.5M | $115.4M | ||
| Q1 25 | $13.6M | $70.9M | ||
| Q4 24 | $-13.5M | $240.2M | ||
| Q3 24 | $31.7M | $-32.2M | ||
| Q2 24 | $20.4M | $86.8M | ||
| Q1 24 | $5.6M | $96.9M |
自由现金流率ASTHBFAM
| Q4 25 | -0.6% | 35.2% | ||
| Q3 25 | 0.8% | -5.3% | ||
| Q2 25 | 13.7% | 15.8% | ||
| Q1 25 | 2.2% | 10.7% | ||
| Q4 24 | -2.0% | 35.6% | ||
| Q3 24 | 6.6% | -4.5% | ||
| Q2 24 | 4.2% | 13.0% | ||
| Q1 24 | 1.4% | 15.6% |
资本支出强度ASTHBFAM
| Q4 25 | 0.3% | 12.6% | ||
| Q3 25 | 0.3% | 3.1% | ||
| Q2 25 | 0.2% | 2.6% | ||
| Q1 25 | 0.5% | 2.3% | ||
| Q4 24 | 0.4% | 14.4% | ||
| Q3 24 | 0.5% | 3.2% | ||
| Q2 24 | 0.6% | 3.4% | ||
| Q1 24 | 0.1% | 3.1% |
现金转化率ASTHBFAM
| Q4 25 | -0.44× | — | ||
| Q3 25 | 26.69× | -0.22× | ||
| Q2 25 | 9.65× | 2.45× | ||
| Q1 25 | 2.48× | 2.26× | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.11× | -0.16× | ||
| Q2 24 | 1.21× | 2.79× | ||
| Q1 24 | 0.40× | 6.85× |
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
ASTH
| Medicare | $542.4M | 57% |
| Commercial | $99.1M | 10% |
| Care Delivery | $92.1M | 10% |
| Care Enablement | $78.9M | 8% |
| Other Third Parties | $58.0M | 6% |
| Health Care Patient Service | $39.8M | 4% |
| Health Care Other | $25.5M | 3% |
| Other | $12.1M | 1% |
| Management Service | $10.3M | 1% |
BFAM
暂无分部数据
