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博思艾伦汉密尔顿（BAH）与加拿大国家铁路（CP）财务数据对比。点击上方公司名可切换其他公司
加拿大国家铁路的季度营收约是博思艾伦汉密尔顿的1.1倍（$2.8B vs $2.6B），加拿大国家铁路净利率更高（27.7% vs 7.6%，领先20.0%），加拿大国家铁路同比增速更快（1.3% vs -10.2%），加拿大国家铁路自由现金流更多（$537.3M vs $248.0M），过去两年加拿大国家铁路的营收复合增速更高（5.6% vs -2.8%）
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。
加拿大国家铁路是加拿大一级货运铁路企业，总部位于魁北克省蒙特利尔市，业务覆盖加拿大全境及美国中西部、南部区域，是加拿大两大主力货运铁路运营商之一，与加拿大太平洋堪萨斯城铁路公司齐名。
BAH vs CP — 直观对比
营收规模更大
CP
是对方的1.1倍
$2.6B
营收增速更快
CP
高出11.5%
-10.2%
净利率更高
CP
高出20.0%
7.6%
自由现金流更多
CP
多$289.3M
$248.0M
两年增速更快
CP
近两年复合增速
-2.8%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.6B | $2.8B |
| 净利润 | $200.0M | $786.2M |
| 毛利率 | 51.9% | — |
| 营业利润率 | 8.8% | 41.4% |
| 净利率 | 7.6% | 27.7% |
| 营收同比 | -10.2% | 1.3% |
| 净利润同比 | 7.0% | -10.3% |
| 每股收益（稀释后） | $1.63 | — |
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BAHCP
| Q4 25 | $2.6B | $2.8B | ||
| Q3 25 | $2.9B | $2.7B | ||
| Q2 25 | $2.9B | $2.7B | ||
| Q1 25 | $3.0B | $2.8B | ||
| Q4 24 | $2.9B | $2.8B | ||
| Q3 24 | $3.1B | $2.6B | ||
| Q2 24 | $2.9B | $2.6B | ||
| Q1 24 | $2.8B | $2.5B |
净利润BAHCP
| Q4 25 | $200.0M | $786.2M | ||
| Q3 25 | $175.0M | $671.6M | ||
| Q2 25 | $271.0M | $900.8M | ||
| Q1 25 | $192.7M | $664.3M | ||
| Q4 24 | $186.9M | $876.7M | ||
| Q3 24 | $390.1M | $611.0M | ||
| Q2 24 | $165.2M | $660.6M | ||
| Q1 24 | $128.0M | $565.8M |
毛利率BAHCP
| 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BAHCP
| Q4 25 | 8.8% | 41.4% | ||
| Q3 25 | 9.8% | 36.8% | ||
| Q2 25 | 8.8% | 36.6% | ||
| Q1 25 | 9.2% | 35.0% | ||
| Q4 24 | 10.0% | 40.6% | ||
| Q3 24 | 17.4% | 34.3% | ||
| Q2 24 | 8.7% | 35.4% | ||
| Q1 24 | 9.5% | 32.9% |
净利率BAHCP
| Q4 25 | 7.6% | 27.7% | ||
| Q3 25 | 6.1% | 25.3% | ||
| Q2 25 | 9.3% | 33.6% | ||
| Q1 25 | 6.5% | 24.2% | ||
| Q4 24 | 6.4% | 31.2% | ||
| Q3 24 | 12.4% | 23.9% | ||
| Q2 24 | 5.6% | 25.3% | ||
| Q1 24 | 4.6% | 22.2% |
每股收益（稀释后）BAHCP
| Q4 25 | $1.63 | — | ||
| Q3 25 | $1.42 | — | ||
| Q2 25 | $2.16 | — | ||
| Q1 25 | $1.52 | — | ||
| Q4 24 | $1.45 | — | ||
| Q3 24 | $3.01 | — | ||
| Q2 24 | $1.27 | — | ||
| Q1 24 | $0.97 | — |
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 | $134.3M |
| 总债务越低越好 | $3.9B | $14.6B |
| 股东权益账面价值 | $1.0B | $33.5B |
| 总资产 | $7.1B | $62.7B |
| 负债/权益比越低杠杆越低 | 3.84× | 0.43× |
8季度趋势，按日历期对齐
现金及短期投资BAHCP
| Q4 25 | $882.0M | $134.3M | ||
| Q3 25 | $816.0M | $300.0M | ||
| Q2 25 | $711.0M | $583.3M | ||
| Q1 25 | $885.0M | $507.4M | ||
| Q4 24 | $453.5M | $539.5M | ||
| Q3 24 | $558.7M | $338.0M | ||
| Q2 24 | $297.7M | $406.6M | ||
| Q1 24 | $554.3M | $378.9M |
总债务BAHCP
| Q4 25 | $3.9B | $14.6B | ||
| Q3 25 | $4.0B | $15.8B | ||
| Q2 25 | $4.0B | $15.5B | ||
| Q1 25 | $4.0B | $15.4B | ||
| Q4 24 | $3.4B | $14.5B | ||
| Q3 24 | $3.4B | $13.7B | ||
| Q2 24 | $3.4B | $13.8B | ||
| Q1 24 | $3.4B | $13.7B |
股东权益BAHCP
| Q4 25 | $1.0B | $33.5B | ||
| Q3 25 | $996.0M | $33.4B | ||
| Q2 25 | $1.1B | $33.7B | ||
| Q1 25 | $1.0B | $35.2B | ||
| Q4 24 | $1.2B | $35.0B | ||
| Q3 24 | $1.2B | $32.2B | ||
| Q2 24 | $1.1B | $32.0B | ||
| Q1 24 | $1.0B | $31.3B |
总资产BAHCP
| Q4 25 | $7.1B | $62.7B | ||
| Q3 25 | $7.2B | $63.3B | ||
| Q2 25 | $7.2B | $62.2B | ||
| Q1 25 | $7.3B | $64.3B | ||
| Q4 24 | $6.8B | $64.1B | ||
| Q3 24 | $6.9B | $60.0B | ||
| Q2 24 | $6.6B | $60.4B | ||
| Q1 24 | $6.6B | $59.6B |
负债/权益比BAHCP
| Q4 25 | 3.84× | 0.43× | ||
| Q3 25 | 3.98× | 0.47× | ||
| Q2 25 | 3.74× | 0.46× | ||
| Q1 25 | 3.99× | 0.44× | ||
| Q4 24 | 2.79× | 0.41× | ||
| Q3 24 | 2.83× | 0.42× | ||
| Q2 24 | 3.14× | 0.43× | ||
| Q1 24 | 3.26× | 0.44× |
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 | $1.1B |
| 自由现金流经营现金流 - 资本支出 | $248.0M | $537.3M |
| 自由现金流率自由现金流/营收 | 9.5% | 18.9% |
| 资本支出强度资本支出/营收 | 0.5% | 20.2% |
| 现金转化率经营现金流/净利润 | 1.30× | 1.42× |
| 过去12个月自由现金流最近4个季度 | $933.4M | $1.6B |
8季度趋势，按日历期对齐
经营现金流BAHCP
| Q4 25 | $261.0M | $1.1B | ||
| Q3 25 | $421.0M | $930.0M | ||
| Q2 25 | $119.0M | $989.1M | ||
| Q1 25 | $219.0M | $843.9M | ||
| Q4 24 | $150.8M | $1.2B | ||
| Q3 24 | $587.1M | $928.6M | ||
| Q2 24 | $52.1M | $932.9M | ||
| Q1 24 | $143.8M | $741.0M |
自由现金流BAHCP
| Q4 25 | $248.0M | $537.3M | ||
| Q3 25 | $395.0M | $302.2M | ||
| Q2 25 | $96.0M | $446.8M | ||
| Q1 25 | $194.4M | $324.9M | ||
| Q4 24 | $133.6M | $702.3M | ||
| Q3 24 | $563.3M | $382.5M | ||
| Q2 24 | $19.7M | $343.1M | ||
| Q1 24 | $127.6M | $356.2M |
自由现金流率BAHCP
| Q4 25 | 9.5% | 18.9% | ||
| Q3 25 | 13.7% | 11.4% | ||
| Q2 25 | 3.3% | 16.7% | ||
| Q1 25 | 6.5% | 11.8% | ||
| Q4 24 | 4.6% | 25.0% | ||
| Q3 24 | 17.9% | 15.0% | ||
| Q2 24 | 0.7% | 13.1% | ||
| Q1 24 | 4.6% | 14.0% |
资本支出强度BAHCP
| Q4 25 | 0.5% | 20.2% | ||
| Q3 25 | 0.9% | 23.7% | ||
| Q2 25 | 0.8% | 20.2% | ||
| Q1 25 | 0.8% | 18.9% | ||
| Q4 24 | 0.6% | 19.3% | ||
| Q3 24 | 0.8% | 21.4% | ||
| Q2 24 | 1.1% | 22.6% | ||
| Q1 24 | 0.6% | 15.1% |
现金转化率BAHCP
| Q4 25 | 1.30× | 1.42× | ||
| Q3 25 | 2.41× | 1.38× | ||
| Q2 25 | 0.44× | 1.10× | ||
| Q1 25 | 1.14× | 1.27× | ||
| Q4 24 | 0.81× | 1.42× | ||
| Q3 24 | 1.50× | 1.52× | ||
| Q2 24 | 0.32× | 1.41× | ||
| Q1 24 | 1.12× | 1.31× |
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% |
CP
暂无分部数据
