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Astrana Health, Inc.（ASTH）与Reddit, Inc.（RDDT）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Reddit, Inc.的1.3倍（$950.5M vs $725.6M），Reddit, Inc.净利率更高（34.7% vs 0.7%，领先34.0%），Reddit, Inc.同比增速更快（69.7% vs 42.9%），Reddit, Inc.自由现金流更多（$263.6M vs $-6.0M），过去两年Reddit, Inc.的营收复合增速更高（72.8% vs 53.3%）
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。
Reddit是美国知名的社交新闻聚合与论坛类社交媒体平台，注册用户可发布链接、文字帖、图片、视频等各类内容，其他用户可对内容进行点赞或点踩，内容按主题归类到用户创建的子板块中，获赞更高的内容会排在板块前列，热度足够的内容还将展示在全站首页。
ASTH vs RDDT — 直观对比
营收规模更大
ASTH
是对方的1.3倍
$725.6M
营收增速更快
RDDT
高出26.8%
42.9%
净利率更高
RDDT
高出34.0%
0.7%
自由现金流更多
RDDT
多$269.6M
$-6.0M
两年增速更快
RDDT
近两年复合增速
53.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $950.5M | $725.6M |
| 净利润 | $6.6M | $251.6M |
| 毛利率 | — | 91.9% |
| 营业利润率 | 1.9% | 31.9% |
| 净利率 | 0.7% | 34.7% |
| 营收同比 | 42.9% | 69.7% |
| 净利润同比 | 184.4% | 254.2% |
| 每股收益（稀释后） | $0.12 | $1.24 |
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ASTHRDDT
| Q4 25 | $950.5M | $725.6M | ||
| Q3 25 | $956.0M | $584.9M | ||
| Q2 25 | $654.8M | $499.6M | ||
| Q1 25 | $620.4M | $392.4M | ||
| Q4 24 | $665.2M | $427.7M | ||
| Q3 24 | $478.7M | $348.4M | ||
| Q2 24 | $486.3M | $281.2M | ||
| Q1 24 | $404.4M | $243.0M |
净利润ASTHRDDT
| Q4 25 | $6.6M | $251.6M | ||
| Q3 25 | $373.0K | $162.7M | ||
| Q2 25 | $9.4M | $89.3M | ||
| Q1 25 | $6.7M | $26.2M | ||
| Q4 24 | $-7.8M | $71.0M | ||
| Q3 24 | $16.1M | $29.9M | ||
| Q2 24 | $19.2M | $-10.1M | ||
| Q1 24 | $14.8M | $-575.1M |
毛利率ASTHRDDT
| Q4 25 | — | 91.9% | ||
| Q3 25 | — | 91.0% | ||
| Q2 25 | — | 90.8% | ||
| Q1 25 | — | 90.5% | ||
| Q4 24 | — | 92.6% | ||
| Q3 24 | — | 90.1% | ||
| Q2 24 | — | 89.5% | ||
| Q1 24 | — | 88.6% |
营业利润率ASTHRDDT
| Q4 25 | 1.9% | 31.9% | ||
| Q3 25 | 2.0% | 23.7% | ||
| Q2 25 | 3.1% | 13.6% | ||
| Q1 25 | 3.3% | 1.0% | ||
| Q4 24 | 0.1% | 12.4% | ||
| Q3 24 | 5.9% | 2.0% | ||
| Q2 24 | 6.2% | -11.0% | ||
| Q1 24 | 7.5% | -242.5% |
净利率ASTHRDDT
| Q4 25 | 0.7% | 34.7% | ||
| Q3 25 | 0.0% | 27.8% | ||
| Q2 25 | 1.4% | 17.9% | ||
| Q1 25 | 1.1% | 6.7% | ||
| Q4 24 | -1.2% | 16.6% | ||
| Q3 24 | 3.4% | 8.6% | ||
| Q2 24 | 3.9% | -3.6% | ||
| Q1 24 | 3.7% | -236.7% |
每股收益（稀释后）ASTHRDDT
| Q4 25 | $0.12 | $1.24 | ||
| Q3 25 | $0.01 | $0.80 | ||
| Q2 25 | $0.19 | $0.45 | ||
| Q1 25 | $0.14 | $0.13 | ||
| Q4 24 | $-0.14 | $4.76 | ||
| Q3 24 | $0.33 | $0.16 | ||
| Q2 24 | $0.40 | $-0.06 | ||
| Q1 24 | $0.31 | $-8.19 |
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 | $953.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $779.3M | $2.9B |
| 总资产 | $2.2B | $3.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ASTHRDDT
| Q4 25 | $429.5M | $953.6M | ||
| Q3 25 | $463.4M | $911.7M | ||
| Q2 25 | $342.1M | $734.1M | ||
| Q1 25 | $260.9M | $635.7M | ||
| Q4 24 | $290.8M | $562.1M | ||
| Q3 24 | $350.3M | $515.9M | ||
| Q2 24 | $327.7M | $468.0M | ||
| Q1 24 | $337.3M | $968.5M |
股东权益ASTHRDDT
| Q4 25 | $779.3M | $2.9B | ||
| Q3 25 | $775.5M | $2.6B | ||
| Q2 25 | $765.5M | $2.4B | ||
| Q1 25 | $745.4M | $2.2B | ||
| Q4 24 | $712.7M | $2.1B | ||
| Q3 24 | $704.6M | $2.0B | ||
| Q2 24 | $678.9M | $1.9B | ||
| Q1 24 | $653.5M | $1.8B |
总资产ASTHRDDT
| Q4 25 | $2.2B | $3.2B | ||
| Q3 25 | $2.2B | $2.9B | ||
| Q2 25 | $1.4B | $2.6B | ||
| Q1 25 | $1.3B | $2.4B | ||
| Q4 24 | $1.4B | $2.3B | ||
| Q3 24 | $1.3B | $2.2B | ||
| Q2 24 | $1.3B | $2.1B | ||
| Q1 24 | $1.2B | $2.0B |
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 | $266.8M |
| 自由现金流经营现金流 - 资本支出 | $-6.0M | $263.6M |
| 自由现金流率自由现金流/营收 | -0.6% | 36.3% |
| 资本支出强度资本支出/营收 | 0.3% | 0.4% |
| 现金转化率经营现金流/净利润 | -0.44× | 1.06× |
| 过去12个月自由现金流最近4个季度 | $104.5M | $684.2M |
8季度趋势，按日历期对齐
经营现金流ASTHRDDT
| Q4 25 | $-2.9M | $266.8M | ||
| Q3 25 | $10.0M | $185.2M | ||
| Q2 25 | $90.9M | $111.3M | ||
| Q1 25 | $16.6M | $127.6M | ||
| Q4 24 | $-10.9M | $90.0M | ||
| Q3 24 | $34.0M | $71.6M | ||
| Q2 24 | $23.2M | $28.4M | ||
| Q1 24 | $6.0M | $32.1M |
自由现金流ASTHRDDT
| Q4 25 | $-6.0M | $263.6M | ||
| Q3 25 | $7.4M | $183.1M | ||
| Q2 25 | $89.5M | $110.8M | ||
| Q1 25 | $13.6M | $126.6M | ||
| Q4 24 | $-13.5M | $89.2M | ||
| Q3 24 | $31.7M | $70.3M | ||
| Q2 24 | $20.4M | $27.2M | ||
| Q1 24 | $5.6M | $29.2M |
自由现金流率ASTHRDDT
| Q4 25 | -0.6% | 36.3% | ||
| Q3 25 | 0.8% | 31.3% | ||
| Q2 25 | 13.7% | 22.2% | ||
| Q1 25 | 2.2% | 32.3% | ||
| Q4 24 | -2.0% | 20.8% | ||
| Q3 24 | 6.6% | 20.2% | ||
| Q2 24 | 4.2% | 9.7% | ||
| Q1 24 | 1.4% | 12.0% |
资本支出强度ASTHRDDT
| Q4 25 | 0.3% | 0.4% | ||
| Q3 25 | 0.3% | 0.4% | ||
| Q2 25 | 0.2% | 0.1% | ||
| Q1 25 | 0.5% | 0.2% | ||
| Q4 24 | 0.4% | 0.2% | ||
| Q3 24 | 0.5% | 0.4% | ||
| Q2 24 | 0.6% | 0.4% | ||
| Q1 24 | 0.1% | 1.2% |
现金转化率ASTHRDDT
| Q4 25 | -0.44× | 1.06× | ||
| Q3 25 | 26.69× | 1.14× | ||
| Q2 25 | 9.65× | 1.25× | ||
| Q1 25 | 2.48× | 4.88× | ||
| Q4 24 | — | 1.27× | ||
| Q3 24 | 2.11× | 2.40× | ||
| Q2 24 | 1.21× | — | ||
| Q1 24 | 0.40× | — |
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% |
RDDT
| Advertising | $689.7M | 95% |
| Other Revenue | $35.9M | 5% |
