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Astrana Health, Inc.（ASTH）与先锋自然资源公司（PR）财务数据对比。点击上方公司名可切换其他公司
先锋自然资源公司的季度营收约是Astrana Health, Inc.的1.2倍（$1.2B vs $950.5M），先锋自然资源公司净利率更高（29.0% vs 0.7%，领先28.3%），Astrana Health, Inc.同比增速更快（42.9% vs -9.8%），过去两年Astrana Health, Inc.的营收复合增速更高（53.3% vs -3.0%）
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。
先锋自然资源公司总部位于美国得克萨斯州欧文市，主要从事油气勘探业务，运营覆盖二叠纪盆地Spraberry产区的克莱恩页岩区块，是该区域最大的土地权益持有方，2024年5月被埃克森美孚收购。
ASTH vs PR — 直观对比
营收规模更大
PR
是对方的1.2倍
$950.5M
营收增速更快
ASTH
高出52.7%
-9.8%
净利率更高
PR
高出28.3%
0.7%
两年增速更快
ASTH
近两年复合增速
-3.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $950.5M | $1.2B |
| 净利润 | $6.6M | $339.5M |
| 毛利率 | — | — |
| 营业利润率 | 1.9% | 23.1% |
| 净利率 | 0.7% | 29.0% |
| 营收同比 | 42.9% | -9.8% |
| 净利润同比 | 184.4% | 56.7% |
| 每股收益（稀释后） | $0.12 | $0.48 |
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ASTHPR
| Q4 25 | $950.5M | $1.2B | ||
| Q3 25 | $956.0M | $1.3B | ||
| Q2 25 | $654.8M | $1.2B | ||
| Q1 25 | $620.4M | $1.4B | ||
| Q4 24 | $665.2M | $1.3B | ||
| Q3 24 | $478.7M | $1.2B | ||
| Q2 24 | $486.3M | $1.2B | ||
| Q1 24 | $404.4M | $1.2B |
净利润ASTHPR
| Q4 25 | $6.6M | $339.5M | ||
| Q3 25 | $373.0K | $59.2M | ||
| Q2 25 | $9.4M | $207.1M | ||
| Q1 25 | $6.7M | $329.3M | ||
| Q4 24 | $-7.8M | $216.7M | ||
| Q3 24 | $16.1M | $386.4M | ||
| Q2 24 | $19.2M | $235.1M | ||
| Q1 24 | $14.8M | $146.6M |
营业利润率ASTHPR
| Q4 25 | 1.9% | 23.1% | ||
| Q3 25 | 2.0% | 29.6% | ||
| Q2 25 | 3.1% | 24.8% | ||
| Q1 25 | 3.3% | 36.6% | ||
| Q4 24 | 0.1% | 32.8% | ||
| Q3 24 | 5.9% | 32.5% | ||
| Q2 24 | 6.2% | 36.5% | ||
| Q1 24 | 7.5% | 37.7% |
净利率ASTHPR
| Q4 25 | 0.7% | 29.0% | ||
| Q3 25 | 0.0% | 4.5% | ||
| Q2 25 | 1.4% | 17.3% | ||
| Q1 25 | 1.1% | 23.9% | ||
| Q4 24 | -1.2% | 16.7% | ||
| Q3 24 | 3.4% | 31.8% | ||
| Q2 24 | 3.9% | 18.9% | ||
| Q1 24 | 3.7% | 11.8% |
每股收益（稀释后）ASTHPR
| Q4 25 | $0.12 | $0.48 | ||
| Q3 25 | $0.01 | $0.08 | ||
| Q2 25 | $0.19 | $0.28 | ||
| Q1 25 | $0.14 | $0.44 | ||
| Q4 24 | $-0.14 | $0.31 | ||
| Q3 24 | $0.33 | $0.53 | ||
| Q2 24 | $0.40 | $0.36 | ||
| Q1 24 | $0.31 | $0.25 |
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 | $153.7M |
| 总债务越低越好 | — | $3.5B |
| 股东权益账面价值 | $779.3M | $10.3B |
| 总资产 | $2.2B | $17.9B |
| 负债/权益比越低杠杆越低 | — | 0.34× |
8季度趋势，按日历期对齐
现金及短期投资ASTHPR
| Q4 25 | $429.5M | $153.7M | ||
| Q3 25 | $463.4M | $111.8M | ||
| Q2 25 | $342.1M | $451.0M | ||
| Q1 25 | $260.9M | $702.2M | ||
| Q4 24 | $290.8M | $479.3M | ||
| Q3 24 | $350.3M | $272.0M | ||
| Q2 24 | $327.7M | $47.8M | ||
| Q1 24 | $337.3M | $12.7M |
总债务ASTHPR
| Q4 25 | — | $3.5B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $4.0B | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | — | $4.2B | ||
| Q2 24 | — | $3.9B | ||
| Q1 24 | — | $3.9B |
股东权益ASTHPR
| Q4 25 | $779.3M | $10.3B | ||
| Q3 25 | $775.5M | $10.0B | ||
| Q2 25 | $765.5M | $9.5B | ||
| Q1 25 | $745.4M | $9.4B | ||
| Q4 24 | $712.7M | $9.1B | ||
| Q3 24 | $704.6M | $9.0B | ||
| Q2 24 | $678.9M | $8.3B | ||
| Q1 24 | $653.5M | $7.0B |
总资产ASTHPR
| Q4 25 | $2.2B | $17.9B | ||
| Q3 25 | $2.2B | $17.3B | ||
| Q2 25 | $1.4B | $17.5B | ||
| Q1 25 | $1.3B | $17.1B | ||
| Q4 24 | $1.4B | $16.9B | ||
| Q3 24 | $1.3B | $16.6B | ||
| Q2 24 | $1.3B | $15.4B | ||
| Q1 24 | $1.2B | $15.1B |
负债/权益比ASTHPR
| Q4 25 | — | 0.34× | ||
| Q3 25 | — | 0.35× | ||
| Q2 25 | — | 0.42× | ||
| Q1 25 | — | 0.43× | ||
| Q4 24 | — | 0.46× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.46× | ||
| Q1 24 | — | 0.56× |
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 | $904.3M |
| 自由现金流经营现金流 - 资本支出 | $-6.0M | — |
| 自由现金流率自由现金流/营收 | -0.6% | — |
| 资本支出强度资本支出/营收 | 0.3% | — |
| 现金转化率经营现金流/净利润 | -0.44× | 2.66× |
| 过去12个月自由现金流最近4个季度 | $104.5M | — |
8季度趋势，按日历期对齐
经营现金流ASTHPR
| Q4 25 | $-2.9M | $904.3M | ||
| Q3 25 | $10.0M | $766.5M | ||
| Q2 25 | $90.9M | $1.0B | ||
| Q1 25 | $16.6M | $898.0M | ||
| Q4 24 | $-10.9M | $871.6M | ||
| Q3 24 | $34.0M | $954.4M | ||
| Q2 24 | $23.2M | $938.4M | ||
| Q1 24 | $6.0M | $647.6M |
自由现金流ASTHPR
| Q4 25 | $-6.0M | — | ||
| Q3 25 | $7.4M | — | ||
| Q2 25 | $89.5M | — | ||
| Q1 25 | $13.6M | — | ||
| Q4 24 | $-13.5M | — | ||
| Q3 24 | $31.7M | — | ||
| Q2 24 | $20.4M | — | ||
| Q1 24 | $5.6M | — |
自由现金流率ASTHPR
| Q4 25 | -0.6% | — | ||
| Q3 25 | 0.8% | — | ||
| Q2 25 | 13.7% | — | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | -2.0% | — | ||
| Q3 24 | 6.6% | — | ||
| Q2 24 | 4.2% | — | ||
| Q1 24 | 1.4% | — |
资本支出强度ASTHPR
| Q4 25 | 0.3% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.2% | — | ||
| Q1 25 | 0.5% | — | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 0.5% | — | ||
| Q2 24 | 0.6% | — | ||
| Q1 24 | 0.1% | — |
现金转化率ASTHPR
| Q4 25 | -0.44× | 2.66× | ||
| Q3 25 | 26.69× | 12.94× | ||
| Q2 25 | 9.65× | 5.01× | ||
| Q1 25 | 2.48× | 2.73× | ||
| Q4 24 | — | 4.02× | ||
| Q3 24 | 2.11× | 2.47× | ||
| Q2 24 | 1.21× | 3.99× | ||
| Q1 24 | 0.40× | 4.42× |
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% |
PR
| Crude Oil | $1.0B | 87% |
| Natural Gas Liquids Reserves | $145.1M | 12% |
