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Astrana Health, Inc.（ASTH）与STARWOOD PROPERTY TRUST, INC.（STWD）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STARWOOD PROPERTY TRUST, INC.的1.9倍（$950.5M vs $492.9M），STARWOOD PROPERTY TRUST, INC.净利率更高（19.7% vs 0.7%，领先19.0%），Astrana Health, Inc.同比增速更快（42.9% vs 8.5%），过去两年Astrana Health, Inc.的营收复合增速更高（53.3% vs -2.9%）
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。
喜达屋酒店及度假村国际集团是全球规模最大的酒店企业之一，业务涵盖酒店、度假村、水疗中心、住宅及度假产权物业的持有、运营、特许经营与管理。集团前身为1969年成立的房地产投资信托基金，1995年完成收购重组，旗下共11个品牌，管理及特许经营的物业共计1297处。
ASTH vs STWD — 直观对比
营收规模更大
ASTH
是对方的1.9倍
$492.9M
营收增速更快
ASTH
高出34.4%
8.5%
净利率更高
STWD
高出19.0%
0.7%
两年增速更快
ASTH
近两年复合增速
-2.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $950.5M | $492.9M |
| 净利润 | $6.6M | $96.9M |
| 毛利率 | — | — |
| 营业利润率 | 1.9% | 26.6% |
| 净利率 | 0.7% | 19.7% |
| 营收同比 | 42.9% | 8.5% |
| 净利润同比 | 184.4% | 87.7% |
| 每股收益（稀释后） | $0.12 | $0.25 |
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ASTHSTWD
| Q4 25 | $950.5M | $492.9M | ||
| Q3 25 | $956.0M | $488.9M | ||
| Q2 25 | $654.8M | $444.3M | ||
| Q1 25 | $620.4M | $418.2M | ||
| Q4 24 | $665.2M | $454.4M | ||
| Q3 24 | $478.7M | $479.5M | ||
| Q2 24 | $486.3M | $489.8M | ||
| Q1 24 | $404.4M | $523.1M |
净利润ASTHSTWD
| Q4 25 | $6.6M | $96.9M | ||
| Q3 25 | $373.0K | $72.6M | ||
| Q2 25 | $9.4M | $129.8M | ||
| Q1 25 | $6.7M | $112.3M | ||
| Q4 24 | $-7.8M | $51.6M | ||
| Q3 24 | $16.1M | $76.1M | ||
| Q2 24 | $19.2M | $77.9M | ||
| Q1 24 | $14.8M | $154.3M |
营业利润率ASTHSTWD
| Q4 25 | 1.9% | 26.6% | ||
| Q3 25 | 2.0% | 19.1% | ||
| Q2 25 | 3.1% | 30.5% | ||
| Q1 25 | 3.3% | 28.7% | ||
| Q4 24 | 0.1% | 15.1% | ||
| Q3 24 | 5.9% | 17.2% | ||
| Q2 24 | 6.2% | 19.1% | ||
| Q1 24 | 7.5% | 30.8% |
净利率ASTHSTWD
| Q4 25 | 0.7% | 19.7% | ||
| Q3 25 | 0.0% | 14.8% | ||
| Q2 25 | 1.4% | 29.2% | ||
| Q1 25 | 1.1% | 26.8% | ||
| Q4 24 | -1.2% | 11.4% | ||
| Q3 24 | 3.4% | 15.9% | ||
| Q2 24 | 3.9% | 15.9% | ||
| Q1 24 | 3.7% | 29.5% |
每股收益（稀释后）ASTHSTWD
| Q4 25 | $0.12 | $0.25 | ||
| Q3 25 | $0.01 | $0.19 | ||
| Q2 25 | $0.19 | $0.38 | ||
| Q1 25 | $0.14 | $0.33 | ||
| Q4 24 | $-0.14 | $0.15 | ||
| Q3 24 | $0.33 | $0.23 | ||
| Q2 24 | $0.40 | $0.24 | ||
| Q1 24 | $0.31 | $0.48 |
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 | $499.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $779.3M | $6.8B |
| 总资产 | $2.2B | $63.2B |
| 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ASTHSTWD
| Q4 25 | $429.5M | $499.5M | ||
| Q3 25 | $463.4M | $301.1M | ||
| Q2 25 | $342.1M | $259.9M | ||
| Q1 25 | $260.9M | $440.6M | ||
| Q4 24 | $290.8M | $377.8M | ||
| Q3 24 | $350.3M | $357.9M | ||
| Q2 24 | $327.7M | $259.3M | ||
| Q1 24 | $337.3M | $327.4M |
股东权益ASTHSTWD
| Q4 25 | $779.3M | $6.8B | ||
| Q3 25 | $775.5M | $6.9B | ||
| Q2 25 | $765.5M | $6.4B | ||
| Q1 25 | $745.4M | $6.4B | ||
| Q4 24 | $712.7M | $6.4B | ||
| Q3 24 | $704.6M | $6.5B | ||
| Q2 24 | $678.9M | $6.2B | ||
| Q1 24 | $653.5M | $6.3B |
总资产ASTHSTWD
| Q4 25 | $2.2B | $63.2B | ||
| Q3 25 | $2.2B | $62.4B | ||
| Q2 25 | $1.4B | $62.4B | ||
| Q1 25 | $1.3B | $62.2B | ||
| Q4 24 | $1.4B | $62.6B | ||
| Q3 24 | $1.3B | $64.2B | ||
| Q2 24 | $1.3B | $64.1B | ||
| Q1 24 | $1.2B | $66.2B |
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 | $488.8M |
| 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× | 5.04× |
| 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ASTHSTWD
| Q4 25 | $-2.9M | $488.8M | ||
| Q3 25 | $10.0M | $337.6M | ||
| Q2 25 | $90.9M | $-87.4M | ||
| Q1 25 | $16.6M | $238.9M | ||
| Q4 24 | $-10.9M | $295.6M | ||
| Q3 24 | $34.0M | $241.8M | ||
| Q2 24 | $23.2M | $53.3M | ||
| Q1 24 | $6.0M | $55.9M |
自由现金流ASTHSTWD
| 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ASTHSTWD
| 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ASTHSTWD
| 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ASTHSTWD
| Q4 25 | -0.44× | 5.04× | ||
| Q3 25 | 26.69× | 4.65× | ||
| Q2 25 | 9.65× | -0.67× | ||
| Q1 25 | 2.48× | 2.13× | ||
| Q4 24 | — | 5.72× | ||
| Q3 24 | 2.11× | 3.18× | ||
| Q2 24 | 1.21× | 0.68× | ||
| Q1 24 | 0.40× | 0.36× |
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% |
STWD
| Commercial And Residential Lending Segment | $335.2M | 68% |
| Infrastructure Lending Segment | $70.3M | 14% |
| Property Segment | $57.8M | 12% |
| Other | $29.7M | 6% |
