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Astrana Health, Inc.（ASTH）与礼恩派（LEG）财务数据对比。点击上方公司名可切换其他公司
Astrana Health, Inc.的季度营收约是礼恩派的1.0倍（$950.5M vs $938.6M），礼恩派净利率更高（2.7% vs 0.7%，领先2.0%），Astrana Health, Inc.同比增速更快（42.9% vs -11.2%），礼恩派自由现金流更多（$101.9M vs $-6.0M），过去两年Astrana Health, Inc.的营收复合增速更高（53.3% vs -7.5%）
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。
礼恩派（Leggett & Platt）总部位于美国密苏里州迦太基，是一家多元化制造企业，成立于1883年。公司专注于设计生产各类工程组件及产品，广泛应用于家居与汽车领域。目前旗下设有15个业务单元，在全球18个国家拥有135座生产工厂，员工总数达2万名。
ASTH vs LEG — 直观对比
营收规模更大
ASTH
是对方的1.0倍
$938.6M
营收增速更快
ASTH
高出54.0%
-11.2%
净利率更高
LEG
高出2.0%
0.7%
自由现金流更多
LEG
多$107.8M
$-6.0M
两年增速更快
ASTH
近两年复合增速
-7.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $950.5M | $938.6M |
| 净利润 | $6.6M | $25.1M |
| 毛利率 | — | 17.9% |
| 营业利润率 | 1.9% | 2.0% |
| 净利率 | 0.7% | 2.7% |
| 营收同比 | 42.9% | -11.2% |
| 净利润同比 | 184.4% | 76.8% |
| 每股收益（稀释后） | $0.12 | $0.18 |
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ASTHLEG
| Q4 25 | $950.5M | $938.6M | ||
| Q3 25 | $956.0M | $1.0B | ||
| Q2 25 | $654.8M | $1.1B | ||
| Q1 25 | $620.4M | $1.0B | ||
| Q4 24 | $665.2M | $1.1B | ||
| Q3 24 | $478.7M | $1.1B | ||
| Q2 24 | $486.3M | $1.1B | ||
| Q1 24 | $404.4M | $1.1B |
净利润ASTHLEG
| Q4 25 | $6.6M | $25.1M | ||
| Q3 25 | $373.0K | $127.1M | ||
| Q2 25 | $9.4M | $52.5M | ||
| Q1 25 | $6.7M | $30.6M | ||
| Q4 24 | $-7.8M | $14.2M | ||
| Q3 24 | $16.1M | $44.9M | ||
| Q2 24 | $19.2M | $-602.2M | ||
| Q1 24 | $14.8M | $31.6M |
毛利率ASTHLEG
| Q4 25 | — | 17.9% | ||
| Q3 25 | — | 18.7% | ||
| Q2 25 | — | 18.2% | ||
| Q1 25 | — | 18.6% | ||
| Q4 24 | — | 16.6% | ||
| Q3 24 | — | 18.2% | ||
| Q2 24 | — | 16.5% | ||
| Q1 24 | — | 17.0% |
营业利润率ASTHLEG
| Q4 25 | 1.9% | 2.0% | ||
| Q3 25 | 2.0% | 14.9% | ||
| Q2 25 | 3.1% | 6.8% | ||
| Q1 25 | 3.3% | 4.4% | ||
| Q4 24 | 0.1% | 2.4% | ||
| Q3 24 | 5.9% | 5.2% | ||
| Q2 24 | 6.2% | -56.2% | ||
| Q1 24 | 7.5% | 3.9% |
净利率ASTHLEG
| Q4 25 | 0.7% | 2.7% | ||
| Q3 25 | 0.0% | 12.3% | ||
| Q2 25 | 1.4% | 5.0% | ||
| Q1 25 | 1.1% | 3.0% | ||
| Q4 24 | -1.2% | 1.3% | ||
| Q3 24 | 3.4% | 4.1% | ||
| Q2 24 | 3.9% | -53.4% | ||
| Q1 24 | 3.7% | 2.9% |
每股收益（稀释后）ASTHLEG
| Q4 25 | $0.12 | $0.18 | ||
| Q3 25 | $0.01 | $0.91 | ||
| Q2 25 | $0.19 | $0.38 | ||
| Q1 25 | $0.14 | $0.22 | ||
| Q4 24 | $-0.14 | $0.10 | ||
| Q3 24 | $0.33 | $0.33 | ||
| Q2 24 | $0.40 | $-4.39 | ||
| Q1 24 | $0.31 | $0.23 |
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 | $587.4M |
| 总债务越低越好 | — | $1.5B |
| 股东权益账面价值 | $779.3M | $1.0B |
| 总资产 | $2.2B | $3.5B |
| 负债/权益比越低杠杆越低 | — | 1.46× |
8季度趋势，按日历期对齐
现金及短期投资ASTHLEG
| Q4 25 | $429.5M | $587.4M | ||
| Q3 25 | $463.4M | $460.7M | ||
| Q2 25 | $342.1M | $368.8M | ||
| Q1 25 | $260.9M | $412.6M | ||
| Q4 24 | $290.8M | $350.2M | ||
| Q3 24 | $350.3M | $277.2M | ||
| Q2 24 | $327.7M | $307.0M | ||
| Q1 24 | $337.3M | $361.3M |
总债务ASTHLEG
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | — | $1.9B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $1.7B | ||
| Q1 24 | — | $1.8B |
股东权益ASTHLEG
| Q4 25 | $779.3M | $1.0B | ||
| Q3 25 | $775.5M | $971.8M | ||
| Q2 25 | $765.5M | $855.0M | ||
| Q1 25 | $745.4M | $746.8M | ||
| Q4 24 | $712.7M | $689.4M | ||
| Q3 24 | $704.6M | $741.0M | ||
| Q2 24 | $678.9M | $667.6M | ||
| Q1 24 | $653.5M | $1.3B |
总资产ASTHLEG
| Q4 25 | $2.2B | $3.5B | ||
| Q3 25 | $2.2B | $3.5B | ||
| Q2 25 | $1.4B | $3.7B | ||
| Q1 25 | $1.3B | $3.7B | ||
| Q4 24 | $1.4B | $3.7B | ||
| Q3 24 | $1.3B | $3.8B | ||
| Q2 24 | $1.3B | $3.8B | ||
| Q1 24 | $1.2B | $4.6B |
负债/权益比ASTHLEG
| Q4 25 | — | 1.46× | ||
| Q3 25 | — | 1.54× | ||
| Q2 25 | — | 2.10× | ||
| Q1 25 | — | 2.59× | ||
| Q4 24 | — | 2.70× | ||
| Q3 24 | — | 2.13× | ||
| Q2 24 | — | 2.55× | ||
| Q1 24 | — | 1.38× |
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 | $121.5M |
| 自由现金流经营现金流 - 资本支出 | $-6.0M | $101.9M |
| 自由现金流率自由现金流/营收 | -0.6% | 10.9% |
| 资本支出强度资本支出/营收 | 0.3% | 2.1% |
| 现金转化率经营现金流/净利润 | -0.44× | 4.84× |
| 过去12个月自由现金流最近4个季度 | $104.5M | $281.0M |
8季度趋势，按日历期对齐
经营现金流ASTHLEG
| Q4 25 | $-2.9M | $121.5M | ||
| Q3 25 | $10.0M | $125.9M | ||
| Q2 25 | $90.9M | $84.0M | ||
| Q1 25 | $16.6M | $6.8M | ||
| Q4 24 | $-10.9M | $122.3M | ||
| Q3 24 | $34.0M | $95.5M | ||
| Q2 24 | $23.2M | $94.0M | ||
| Q1 24 | $6.0M | $-6.1M |
自由现金流ASTHLEG
| Q4 25 | $-6.0M | $101.9M | ||
| Q3 25 | $7.4M | $110.1M | ||
| Q2 25 | $89.5M | $75.5M | ||
| Q1 25 | $13.6M | $-6.5M | ||
| Q4 24 | $-13.5M | $100.5M | ||
| Q3 24 | $31.7M | $77.1M | ||
| Q2 24 | $20.4M | $78.5M | ||
| Q1 24 | $5.6M | $-32.0M |
自由现金流率ASTHLEG
| Q4 25 | -0.6% | 10.9% | ||
| Q3 25 | 0.8% | 10.6% | ||
| Q2 25 | 13.7% | 7.1% | ||
| Q1 25 | 2.2% | -0.6% | ||
| Q4 24 | -2.0% | 9.5% | ||
| Q3 24 | 6.6% | 7.0% | ||
| Q2 24 | 4.2% | 7.0% | ||
| Q1 24 | 1.4% | -2.9% |
资本支出强度ASTHLEG
| Q4 25 | 0.3% | 2.1% | ||
| Q3 25 | 0.3% | 1.5% | ||
| Q2 25 | 0.2% | 0.8% | ||
| Q1 25 | 0.5% | 1.3% | ||
| Q4 24 | 0.4% | 2.1% | ||
| Q3 24 | 0.5% | 1.7% | ||
| Q2 24 | 0.6% | 1.4% | ||
| Q1 24 | 0.1% | 2.4% |
现金转化率ASTHLEG
| Q4 25 | -0.44× | 4.84× | ||
| Q3 25 | 26.69× | 0.99× | ||
| Q2 25 | 9.65× | 1.60× | ||
| Q1 25 | 2.48× | 0.22× | ||
| Q4 24 | — | 8.61× | ||
| Q3 24 | 2.11× | 2.13× | ||
| Q2 24 | 1.21× | — | ||
| Q1 24 | 0.40× | -0.19× |
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% |
LEG
| Bedding Products | $373.8M | 40% |
| Flooring And Textile Products Group | $196.9M | 21% |
| Automotive Group | $194.9M | 21% |
| Work Furniture Group | $66.2M | 7% |
| Home Furniture Group | $61.0M | 6% |
| Hydraulic Cylinders | $45.8M | 5% |
