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博思艾伦汉密尔顿（BAH）与TSS, Inc.（TSSI）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TSS, Inc.的43.0倍（$2.6B vs $60.9M）。TSS, Inc.净利率更高（20.0% vs 7.6%，领先12.3%）。TSS, Inc.同比增速更快（21.8% vs -10.2%）。博思艾伦汉密尔顿自由现金流更多（$248.0M vs $15.8M）。过去两年TSS, Inc.的营收复合增速更高（95.8% 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。
BAH vs TSSI — 直观对比
营收规模更大
BAH
是对方的43.0倍
$60.9M
营收增速更快
TSSI
高出31.9%
-10.2%
净利率更高
TSSI
高出12.3%
7.6%
自由现金流更多
BAH
多$232.2M
$15.8M
两年增速更快
TSSI
近两年复合增速
-2.8%
损益表 — Q3 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.6B | $60.9M |
| 净利润 | $200.0M | $12.2M |
| 毛利率 | 51.9% | 17.6% |
| 营业利润率 | 8.8% | 1.5% |
| 净利率 | 7.6% | 20.0% |
| 营收同比 | -10.2% | 21.8% |
| 净利润同比 | 7.0% | 535.7% |
| 每股收益（稀释后） | $1.63 | $0.44 |
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BAHTSSI
| Q4 25 | $2.6B | $60.9M | ||
| Q3 25 | $2.9B | $41.9M | ||
| Q2 25 | $2.9B | $44.0M | ||
| Q1 25 | $3.0B | $99.0M | ||
| Q4 24 | $2.9B | $50.0M | ||
| Q3 24 | $3.1B | $70.1M | ||
| Q2 24 | $2.9B | $12.2M | ||
| Q1 24 | $2.8B | $15.9M |
净利润BAHTSSI
| Q4 25 | $200.0M | $12.2M | ||
| Q3 25 | $175.0M | $-1.5M | ||
| Q2 25 | $271.0M | $1.5M | ||
| Q1 25 | $192.7M | $3.0M | ||
| Q4 24 | $186.9M | $1.9M | ||
| Q3 24 | $390.1M | $2.6M | ||
| Q2 24 | $165.2M | $1.4M | ||
| Q1 24 | $128.0M | $15.0K |
毛利率BAHTSSI
| Q4 25 | 51.9% | 17.6% | ||
| Q3 25 | 53.6% | 11.1% | ||
| Q2 25 | 51.3% | 17.8% | ||
| Q1 25 | 53.6% | 9.3% | ||
| Q4 24 | 55.2% | 14.4% | ||
| Q3 24 | 56.7% | 11.3% | ||
| Q2 24 | 53.4% | 37.3% | ||
| Q1 24 | 54.7% | 17.1% |
营业利润率BAHTSSI
| Q4 25 | 8.8% | 1.5% | ||
| Q3 25 | 9.8% | -2.2% | ||
| Q2 25 | 8.8% | 5.1% | ||
| Q1 25 | 9.2% | 4.2% | ||
| Q4 24 | 10.0% | 0.0% | ||
| Q3 24 | 17.4% | 5.4% | ||
| Q2 24 | 8.7% | 14.0% | ||
| Q1 24 | 9.5% | 1.6% |
净利率BAHTSSI
| Q4 25 | 7.6% | 20.0% | ||
| Q3 25 | 6.1% | -3.6% | ||
| Q2 25 | 9.3% | 3.4% | ||
| Q1 25 | 6.5% | 3.0% | ||
| Q4 24 | 6.4% | 3.8% | ||
| Q3 24 | 12.4% | 3.8% | ||
| Q2 24 | 5.6% | 11.5% | ||
| Q1 24 | 4.6% | 0.1% |
每股收益（稀释后）BAHTSSI
| Q4 25 | $1.63 | $0.44 | ||
| Q3 25 | $1.42 | $-0.06 | ||
| Q2 25 | $2.16 | $0.06 | ||
| Q1 25 | $1.52 | $0.12 | ||
| Q4 24 | $1.45 | $0.08 | ||
| Q3 24 | $3.01 | $0.10 | ||
| Q2 24 | $1.27 | $0.06 | ||
| Q1 24 | $0.97 | $0.00 |
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 | $85.5M |
| 总债务越低越好 | $3.9B | — |
| 股东权益账面价值 | $1.0B | $76.6M |
| 总资产 | $7.1B | $184.9M |
| 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BAHTSSI
| Q4 25 | $882.0M | $85.5M | ||
| Q3 25 | $816.0M | $70.7M | ||
| Q2 25 | $711.0M | — | ||
| Q1 25 | $885.0M | — | ||
| Q4 24 | $453.5M | $23.2M | ||
| Q3 24 | $558.7M | $46.4M | ||
| Q2 24 | $297.7M | $8.3M | ||
| Q1 24 | $554.3M | $14.4M |
总债务BAHTSSI
| 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BAHTSSI
| Q4 25 | $1.0B | $76.6M | ||
| Q3 25 | $996.0M | $63.4M | ||
| Q2 25 | $1.1B | $9.5M | ||
| Q1 25 | $1.0B | $9.4M | ||
| Q4 24 | $1.2B | $7.1M | ||
| Q3 24 | $1.2B | $7.7M | ||
| Q2 24 | $1.1B | $5.2M | ||
| Q1 24 | $1.0B | $3.7M |
总资产BAHTSSI
| Q4 25 | $7.1B | $184.9M | ||
| Q3 25 | $7.2B | $165.4M | ||
| Q2 25 | $7.2B | $139.5M | ||
| Q1 25 | $7.3B | $113.5M | ||
| Q4 24 | $6.8B | $96.6M | ||
| Q3 24 | $6.9B | $67.3M | ||
| Q2 24 | $6.6B | $28.9M | ||
| Q1 24 | $6.6B | $26.8M |
负债/权益比BAHTSSI
| 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 | $16.3M |
| 自由现金流经营现金流 - 资本支出 | $248.0M | $15.8M |
| 自由现金流率自由现金流/营收 | 9.5% | 25.9% |
| 资本支出强度资本支出/营收 | 0.5% | 0.9% |
| 现金转化率经营现金流/净利润 | 1.30× | 1.34× |
| 过去12个月自由现金流最近4个季度 | $933.4M | $2.1M |
8季度趋势，按日历期对齐
经营现金流BAHTSSI
| Q4 25 | $261.0M | $16.3M | ||
| Q3 25 | $421.0M | $-18.4M | ||
| Q2 25 | $119.0M | $16.3M | ||
| Q1 25 | $219.0M | $20.6M | ||
| Q4 24 | $150.8M | $-21.6M | ||
| Q3 24 | $587.1M | $38.6M | ||
| Q2 24 | $52.1M | $-4.3M | ||
| Q1 24 | $143.8M | $2.6M |
自由现金流BAHTSSI
| Q4 25 | $248.0M | $15.8M | ||
| Q3 25 | $395.0M | $-24.9M | ||
| Q2 25 | $96.0M | $5.4M | ||
| Q1 25 | $194.4M | $5.8M | ||
| Q4 24 | $133.6M | $-28.4M | ||
| Q3 24 | $563.3M | $38.6M | ||
| Q2 24 | $19.7M | $-6.0M | ||
| Q1 24 | $127.6M | $2.6M |
自由现金流率BAHTSSI
| Q4 25 | 9.5% | 25.9% | ||
| Q3 25 | 13.7% | -59.3% | ||
| Q2 25 | 3.3% | 12.3% | ||
| Q1 25 | 6.5% | 5.8% | ||
| Q4 24 | 4.6% | -56.7% | ||
| Q3 24 | 17.9% | 55.1% | ||
| Q2 24 | 0.7% | -49.4% | ||
| Q1 24 | 4.6% | 16.4% |
资本支出强度BAHTSSI
| Q4 25 | 0.5% | 0.9% | ||
| Q3 25 | 0.9% | 15.3% | ||
| Q2 25 | 0.8% | 24.8% | ||
| Q1 25 | 0.8% | 15.0% | ||
| Q4 24 | 0.6% | 13.4% | ||
| Q3 24 | 0.8% | 0.1% | ||
| Q2 24 | 1.1% | 13.8% | ||
| Q1 24 | 0.6% | 0.2% |
现金转化率BAHTSSI
| Q4 25 | 1.30× | 1.34× | ||
| Q3 25 | 2.41× | — | ||
| Q2 25 | 0.44× | 11.02× | ||
| Q1 25 | 1.14× | 6.93× | ||
| Q4 24 | 0.81× | -11.32× | ||
| Q3 24 | 1.50× | 14.60× | ||
| Q2 24 | 0.32× | -3.09× | ||
| Q1 24 | 1.12× | 176.40× |
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
BAH
| Defense Clients | $1.5B | 55% |
| Civil Clients | $732.0M | 28% |
| Intelligence Clients | $434.0M | 17% |
TSSI
| Procurement Revenues Segment | $43.2M | 71% |
| System Integration Services Segment | $14.2M | 23% |
| Facilities Segment | $3.5M | 6% |
