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博思艾伦汉密尔顿（BAH）与简柏特（G）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简柏特的2.0倍（$2.6B vs $1.3B）。简柏特净利率更高（10.8% vs 7.6%，领先3.2%）。简柏特同比增速更快（5.6% vs -10.2%）。简柏特自由现金流更多（$269.0M vs $248.0M）。过去两年简柏特的营收复合增速更高（8.0% 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。
简柏特是全球领先的信息技术服务、咨询及外包提供商，总部位于美国纽约，最初成立于印度古尔冈，法定注册地为百慕大。集团现有员工超12.5万名，服务覆盖全球30多个国家，于纽交所上市，2023年总营收达44.8亿美元。
BAH vs G — 直观对比
营收规模更大
BAH
是对方的2.0倍
$1.3B
营收增速更快
G
高出15.8%
-10.2%
净利率更高
G
高出3.2%
7.6%
自由现金流更多
G
多$21.0M
$248.0M
两年增速更快
G
近两年复合增速
-2.8%
损益表 — Q3 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.6B | $1.3B |
| 净利润 | $200.0M | $143.1M |
| 毛利率 | 51.9% | 36.6% |
| 营业利润率 | 8.8% | 14.8% |
| 净利率 | 7.6% | 10.8% |
| 营收同比 | -10.2% | 5.6% |
| 净利润同比 | 7.0% | 0.8% |
| 每股收益（稀释后） | $1.63 | $0.82 |
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BAHG
| Q4 25 | $2.6B | $1.3B | ||
| Q3 25 | $2.9B | $1.3B | ||
| Q2 25 | $2.9B | $1.3B | ||
| Q1 25 | $3.0B | $1.2B | ||
| Q4 24 | $2.9B | $1.2B | ||
| Q3 24 | $3.1B | $1.2B | ||
| Q2 24 | $2.9B | $1.2B | ||
| Q1 24 | $2.8B | $1.1B |
净利润BAHG
| Q4 25 | $200.0M | $143.1M | ||
| Q3 25 | $175.0M | $145.8M | ||
| Q2 25 | $271.0M | $132.7M | ||
| Q1 25 | $192.7M | $130.9M | ||
| Q4 24 | $186.9M | $141.9M | ||
| Q3 24 | $390.1M | $132.8M | ||
| Q2 24 | $165.2M | $122.0M | ||
| Q1 24 | $128.0M | $116.9M |
毛利率BAHG
| Q4 25 | 51.9% | 36.6% | ||
| Q3 25 | 53.6% | 36.4% | ||
| Q2 25 | 51.3% | 35.9% | ||
| Q1 25 | 53.6% | 35.3% | ||
| Q4 24 | 55.2% | 35.7% | ||
| Q3 24 | 56.7% | 35.6% | ||
| Q2 24 | 53.4% | 35.4% | ||
| Q1 24 | 54.7% | 35.0% |
营业利润率BAHG
| Q4 25 | 8.8% | 14.8% | ||
| Q3 25 | 9.8% | 14.8% | ||
| Q2 25 | 8.8% | 14.3% | ||
| Q1 25 | 9.2% | 15.1% | ||
| Q4 24 | 10.0% | 15.2% | ||
| Q3 24 | 17.4% | 15.0% | ||
| Q2 24 | 8.7% | 14.5% | ||
| Q1 24 | 9.5% | 14.1% |
净利率BAHG
| Q4 25 | 7.6% | 10.8% | ||
| Q3 25 | 6.1% | 11.3% | ||
| Q2 25 | 9.3% | 10.6% | ||
| Q1 25 | 6.5% | 10.8% | ||
| Q4 24 | 6.4% | 11.4% | ||
| Q3 24 | 12.4% | 11.0% | ||
| Q2 24 | 5.6% | 10.4% | ||
| Q1 24 | 4.6% | 10.3% |
每股收益（稀释后）BAHG
| Q4 25 | $1.63 | $0.82 | ||
| Q3 25 | $1.42 | $0.83 | ||
| Q2 25 | $2.16 | $0.75 | ||
| Q1 25 | $1.52 | $0.73 | ||
| Q4 24 | $1.45 | $0.80 | ||
| Q3 24 | $3.01 | $0.74 | ||
| Q2 24 | $1.27 | $0.67 | ||
| Q1 24 | $0.97 | $0.64 |
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 | $1.2B |
| 总债务越低越好 | $3.9B | $1.5B |
| 股东权益账面价值 | $1.0B | $2.5B |
| 总资产 | $7.1B | $5.8B |
| 负债/权益比越低杠杆越低 | 3.84× | 0.60× |
8季度趋势，按日历期对齐
现金及短期投资BAHG
| Q4 25 | $882.0M | $1.2B | ||
| Q3 25 | $816.0M | $740.8M | ||
| Q2 25 | $711.0M | $663.3M | ||
| Q1 25 | $885.0M | $561.6M | ||
| Q4 24 | $453.5M | $671.6M | ||
| Q3 24 | $558.7M | $1.0B | ||
| Q2 24 | $297.7M | $914.2M | ||
| Q1 24 | $554.3M | $478.4M |
总债务BAHG
| Q4 25 | $3.9B | $1.5B | ||
| Q3 25 | $4.0B | $1.2B | ||
| Q2 25 | $4.0B | $1.2B | ||
| Q1 25 | $4.0B | $1.2B | ||
| Q4 24 | $3.4B | $1.2B | ||
| Q3 24 | $3.4B | $1.6B | ||
| Q2 24 | $3.4B | $1.6B | ||
| Q1 24 | $3.4B | $1.2B |
股东权益BAHG
| Q4 25 | $1.0B | $2.5B | ||
| Q3 25 | $996.0M | $2.5B | ||
| Q2 25 | $1.1B | $2.6B | ||
| Q1 25 | $1.0B | $2.5B | ||
| Q4 24 | $1.2B | $2.4B | ||
| Q3 24 | $1.2B | $2.4B | ||
| Q2 24 | $1.1B | $2.3B | ||
| Q1 24 | $1.0B | $2.3B |
总资产BAHG
| Q4 25 | $7.1B | $5.8B | ||
| Q3 25 | $7.2B | $5.4B | ||
| Q2 25 | $7.2B | $5.3B | ||
| Q1 25 | $7.3B | $4.9B | ||
| Q4 24 | $6.8B | $5.0B | ||
| Q3 24 | $6.9B | $5.3B | ||
| Q2 24 | $6.6B | $5.2B | ||
| Q1 24 | $6.6B | $4.7B |
负债/权益比BAHG
| Q4 25 | 3.84× | 0.60× | ||
| Q3 25 | 3.98× | 0.47× | ||
| Q2 25 | 3.74× | 0.47× | ||
| Q1 25 | 3.99× | 0.50× | ||
| Q4 24 | 2.79× | 0.51× | ||
| Q3 24 | 2.83× | 0.68× | ||
| Q2 24 | 3.14× | 0.70× | ||
| Q1 24 | 3.26× | 0.54× |
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 | $286.7M |
| 自由现金流经营现金流 - 资本支出 | $248.0M | $269.0M |
| 自由现金流率自由现金流/营收 | 9.5% | 20.4% |
| 资本支出强度资本支出/营收 | 0.5% | 1.3% |
| 现金转化率经营现金流/净利润 | 1.30× | 2.00× |
| 过去12个月自由现金流最近4个季度 | $933.4M | $734.7M |
8季度趋势，按日历期对齐
经营现金流BAHG
| Q4 25 | $261.0M | $286.7M | ||
| Q3 25 | $421.0M | $308.4M | ||
| Q2 25 | $119.0M | $177.4M | ||
| Q1 25 | $219.0M | $40.4M | ||
| Q4 24 | $150.8M | $203.2M | ||
| Q3 24 | $587.1M | $228.5M | ||
| Q2 24 | $52.1M | $209.3M | ||
| Q1 24 | $143.8M | $-25.6M |
自由现金流BAHG
| Q4 25 | $248.0M | $269.0M | ||
| Q3 25 | $395.0M | $292.0M | ||
| Q2 25 | $96.0M | $155.1M | ||
| Q1 25 | $194.4M | $18.5M | ||
| Q4 24 | $133.6M | $183.5M | ||
| Q3 24 | $563.3M | $208.7M | ||
| Q2 24 | $19.7M | $190.0M | ||
| Q1 24 | $127.6M | $-49.6M |
自由现金流率BAHG
| Q4 25 | 9.5% | 20.4% | ||
| Q3 25 | 13.7% | 22.6% | ||
| Q2 25 | 3.3% | 12.4% | ||
| Q1 25 | 6.5% | 1.5% | ||
| Q4 24 | 4.6% | 14.7% | ||
| Q3 24 | 17.9% | 17.2% | ||
| Q2 24 | 0.7% | 16.2% | ||
| Q1 24 | 4.6% | -4.4% |
资本支出强度BAHG
| Q4 25 | 0.5% | 1.3% | ||
| Q3 25 | 0.9% | 1.3% | ||
| Q2 25 | 0.8% | 1.8% | ||
| Q1 25 | 0.8% | 1.8% | ||
| Q4 24 | 0.6% | 1.6% | ||
| Q3 24 | 0.8% | 1.6% | ||
| Q2 24 | 1.1% | 1.6% | ||
| Q1 24 | 0.6% | 2.1% |
现金转化率BAHG
| Q4 25 | 1.30× | 2.00× | ||
| Q3 25 | 2.41× | 2.11× | ||
| Q2 25 | 0.44× | 1.34× | ||
| Q1 25 | 1.14× | 0.31× | ||
| Q4 24 | 0.81× | 1.43× | ||
| Q3 24 | 1.50× | 1.72× | ||
| Q2 24 | 0.32× | 1.72× | ||
| Q1 24 | 1.12× | -0.22× |
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% |
G
| High Tech And Manufacturing | $525.3M | 40% |
| Consumer And Healthcare | $445.8M | 34% |
| Financial Services | $348.2M | 26% |
