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博思艾伦汉密尔顿（BAH）与BOISE CASCADE Co（BCC）财务数据对比。点击上方公司名可切换其他公司
博思艾伦汉密尔顿的季度营收约是BOISE CASCADE Co的1.8倍（$2.6B vs $1.5B），博思艾伦汉密尔顿净利率更高（7.6% vs 0.6%，领先7.0%），BOISE CASCADE Co同比增速更快（-6.8% vs -10.2%），博思艾伦汉密尔顿自由现金流更多（$248.0M vs $77.0M），过去两年博思艾伦汉密尔顿的营收复合增速更高（-2.8% vs -5.8%）
博思艾伦汉密尔顿控股集团是美国知名专业服务企业，深耕数字化转型与人工智能领域，为公共部门、私营机构及非营利组织提供咨询、分析与工程服务，总部位于弗吉尼亚州麦克莱恩，属华盛顿大都会区，在全球另设有80个办事处。
博伊西卡斯卡德公司是总部位于美国爱达荷州博伊西的企业，主营木制品制造与建筑材料批发分销业务，产品覆盖各类建筑用木材及相关建材，为建筑行业客户提供稳定的供应链支持。
BAH vs BCC — 直观对比
营收规模更大
BAH
是对方的1.8倍
$1.5B
营收增速更快
BCC
高出3.3%
-10.2%
净利率更高
BAH
高出7.0%
0.6%
自由现金流更多
BAH
多$171.0M
$77.0M
两年增速更快
BAH
近两年复合增速
-5.8%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.6B | $1.5B |
| 净利润 | $200.0M | $8.7M |
| 毛利率 | 51.9% | — |
| 营业利润率 | 8.8% | 1.1% |
| 净利率 | 7.6% | 0.6% |
| 营收同比 | -10.2% | -6.8% |
| 净利润同比 | 7.0% | -87.3% |
| 每股收益（稀释后） | $1.63 | $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BAHBCC
| Q4 25 | $2.6B | $1.5B | ||
| Q3 25 | $2.9B | $1.7B | ||
| Q2 25 | $2.9B | $1.7B | ||
| Q1 25 | $3.0B | $1.5B | ||
| Q4 24 | $2.9B | $1.6B | ||
| Q3 24 | $3.1B | $1.7B | ||
| Q2 24 | $2.9B | $1.8B | ||
| Q1 24 | $2.8B | $1.6B |
净利润BAHBCC
| Q4 25 | $200.0M | $8.7M | ||
| Q3 25 | $175.0M | $21.8M | ||
| Q2 25 | $271.0M | $62.0M | ||
| Q1 25 | $192.7M | $40.3M | ||
| Q4 24 | $186.9M | $68.9M | ||
| Q3 24 | $390.1M | $91.0M | ||
| Q2 24 | $165.2M | $112.3M | ||
| Q1 24 | $128.0M | $104.1M |
毛利率BAHBCC
| Q4 25 | 51.9% | — | ||
| Q3 25 | 53.6% | — | ||
| Q2 25 | 51.3% | — | ||
| Q1 25 | 53.6% | — | ||
| Q4 24 | 55.2% | — | ||
| Q3 24 | 56.7% | — | ||
| Q2 24 | 53.4% | — | ||
| Q1 24 | 54.7% | — |
营业利润率BAHBCC
| Q4 25 | 8.8% | 1.1% | ||
| Q3 25 | 9.8% | 1.9% | ||
| Q2 25 | 8.8% | 4.6% | ||
| Q1 25 | 9.2% | 3.5% | ||
| Q4 24 | 10.0% | 5.9% | ||
| Q3 24 | 17.4% | 6.8% | ||
| Q2 24 | 8.7% | 8.2% | ||
| Q1 24 | 9.5% | 8.1% |
净利率BAHBCC
| Q4 25 | 7.6% | 0.6% | ||
| Q3 25 | 6.1% | 1.3% | ||
| Q2 25 | 9.3% | 3.6% | ||
| Q1 25 | 6.5% | 2.6% | ||
| Q4 24 | 6.4% | 4.4% | ||
| Q3 24 | 12.4% | 5.3% | ||
| Q2 24 | 5.6% | 6.2% | ||
| Q1 24 | 4.6% | 6.3% |
每股收益（稀释后）BAHBCC
| Q4 25 | $1.63 | $0.25 | ||
| Q3 25 | $1.42 | $0.58 | ||
| Q2 25 | $2.16 | $1.64 | ||
| Q1 25 | $1.52 | $1.06 | ||
| Q4 24 | $1.45 | $1.79 | ||
| Q3 24 | $3.01 | $2.33 | ||
| Q2 24 | $1.27 | $2.84 | ||
| Q1 24 | $0.97 | $2.61 |
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 | $882.0M | $477.2M |
| 总债务越低越好 | $3.9B | — |
| 股东权益账面价值 | $1.0B | $2.1B |
| 总资产 | $7.1B | $3.2B |
| 负债/权益比越低杠杆越低 | 3.84× | — |
8季度趋势，按日历期对齐
现金及短期投资BAHBCC
| Q4 25 | $882.0M | $477.2M | ||
| Q3 25 | $816.0M | $511.8M | ||
| Q2 25 | $711.0M | $481.0M | ||
| Q1 25 | $885.0M | $561.8M | ||
| Q4 24 | $453.5M | $713.3M | ||
| Q3 24 | $558.7M | $761.6M | ||
| Q2 24 | $297.7M | $922.1M | ||
| Q1 24 | $554.3M | $890.2M |
总债务BAHBCC
| Q4 25 | $3.9B | — | ||
| Q3 25 | $4.0B | — | ||
| Q2 25 | $4.0B | — | ||
| Q1 25 | $4.0B | — | ||
| Q4 24 | $3.4B | — | ||
| Q3 24 | $3.4B | — | ||
| Q2 24 | $3.4B | — | ||
| Q1 24 | $3.4B | — |
股东权益BAHBCC
| Q4 25 | $1.0B | $2.1B | ||
| Q3 25 | $996.0M | $2.1B | ||
| Q2 25 | $1.1B | $2.2B | ||
| Q1 25 | $1.0B | $2.1B | ||
| Q4 24 | $1.2B | $2.2B | ||
| Q3 24 | $1.2B | $2.1B | ||
| Q2 24 | $1.1B | $2.3B | ||
| Q1 24 | $1.0B | $2.3B |
总资产BAHBCC
| Q4 25 | $7.1B | $3.2B | ||
| Q3 25 | $7.2B | $3.4B | ||
| Q2 25 | $7.2B | $3.4B | ||
| Q1 25 | $7.3B | $3.5B | ||
| Q4 24 | $6.8B | $3.4B | ||
| Q3 24 | $6.9B | $3.4B | ||
| Q2 24 | $6.6B | $3.7B | ||
| Q1 24 | $6.6B | $3.6B |
负债/权益比BAHBCC
| Q4 25 | 3.84× | — | ||
| Q3 25 | 3.98× | — | ||
| Q2 25 | 3.74× | — | ||
| Q1 25 | 3.99× | — | ||
| Q4 24 | 2.79× | — | ||
| Q3 24 | 2.83× | — | ||
| Q2 24 | 3.14× | — | ||
| Q1 24 | 3.26× | — |
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 | $261.0M | $131.0M |
| 自由现金流经营现金流 - 资本支出 | $248.0M | $77.0M |
| 自由现金流率自由现金流/营收 | 9.5% | 5.3% |
| 资本支出强度资本支出/营收 | 0.5% | 3.7% |
| 现金转化率经营现金流/净利润 | 1.30× | 15.00× |
| 过去12个月自由现金流最近4个季度 | $933.4M | $12.7M |
8季度趋势，按日历期对齐
经营现金流BAHBCC
| Q4 25 | $261.0M | $131.0M | ||
| Q3 25 | $421.0M | $118.4M | ||
| Q2 25 | $119.0M | $33.2M | ||
| Q1 25 | $219.0M | $-28.5M | ||
| Q4 24 | $150.8M | $94.6M | ||
| Q3 24 | $587.1M | $174.6M | ||
| Q2 24 | $52.1M | $141.7M | ||
| Q1 24 | $143.8M | $27.5M |
自由现金流BAHBCC
| Q4 25 | $248.0M | $77.0M | ||
| Q3 25 | $395.0M | $63.2M | ||
| Q2 25 | $96.0M | $-45.9M | ||
| Q1 25 | $194.4M | $-81.7M | ||
| Q4 24 | $133.6M | $759.0K | ||
| Q3 24 | $563.3M | $112.9M | ||
| Q2 24 | $19.7M | $101.9M | ||
| Q1 24 | $127.6M | $-6.9M |
自由现金流率BAHBCC
| Q4 25 | 9.5% | 5.3% | ||
| Q3 25 | 13.7% | 3.8% | ||
| Q2 25 | 3.3% | -2.6% | ||
| Q1 25 | 6.5% | -5.3% | ||
| Q4 24 | 4.6% | 0.0% | ||
| Q3 24 | 17.9% | 6.6% | ||
| Q2 24 | 0.7% | 5.7% | ||
| Q1 24 | 4.6% | -0.4% |
资本支出强度BAHBCC
| Q4 25 | 0.5% | 3.7% | ||
| Q3 25 | 0.9% | 3.3% | ||
| Q2 25 | 0.8% | 4.5% | ||
| Q1 25 | 0.8% | 3.5% | ||
| Q4 24 | 0.6% | 6.0% | ||
| Q3 24 | 0.8% | 3.6% | ||
| Q2 24 | 1.1% | 2.2% | ||
| Q1 24 | 0.6% | 2.1% |
现金转化率BAHBCC
| Q4 25 | 1.30× | 15.00× | ||
| Q3 25 | 2.41× | 5.44× | ||
| Q2 25 | 0.44× | 0.54× | ||
| Q1 25 | 1.14× | -0.71× | ||
| Q4 24 | 0.81× | 1.37× | ||
| Q3 24 | 1.50× | 1.92× | ||
| Q2 24 | 0.32× | 1.26× | ||
| Q1 24 | 1.12× | 0.26× |
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
BAH
| Defense Clients | $1.5B | 55% |
| Civil Clients | $732.0M | 28% |
| Intelligence Clients | $434.0M | 17% |
BCC
| General Line | $626.6M | 43% |
| Commodity Product Line | $479.9M | 33% |
| Engineered Wood Products | $256.6M | 18% |
| Plywood And Veneer | $53.3M | 4% |
| Lumber | $10.1M | 1% |
| Laminated Veneer Lumber | $8.9M | 1% |
| Other Wood Products | $4.7M | 0% |
| Other Engineered Wood Products | $3.5M | 0% |
| Ijoists | $3.3M | 0% |
