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BRUNSWICK CORP（BC）与BRIGHT HORIZONS FAMILY SOLUTIONS INC.（BFAM）财务数据对比。点击上方公司名可切换其他公司
BRUNSWICK CORP的季度营收约是BRIGHT HORIZONS FAMILY SOLUTIONS INC.的1.9倍（$1.4B vs $733.7M），BRUNSWICK CORP同比增速更快（17.3% vs 8.8%），BRIGHT HORIZONS FAMILY SOLUTIONS INC.自由现金流更多（$258.5M vs $-116.8M），过去两年BRIGHT HORIZONS FAMILY SOLUTIONS INC.的营收复合增速更高（8.5% vs -2.3%）
美国Brunswick公司创立于1845年，专注于多品类产品的研发、生产与营销，旗下拥有知名海事品牌水星海事（Mercury Marine）等多个品牌。目前集团在24个国家拥有超1.3万名员工，2024年销售额达52亿美元，全球总部位于伊利诺伊州芝加哥北郊的梅塔瓦。
Bright Horizons Family Solutions总部位于美国马萨诸塞州牛顿市，是美国规模最大的雇主赞助育儿服务运营商，除核心育儿服务外，还提供备用育儿、老人照护、学费项目管理、教育咨询、学生贷款偿还方案等多元服务，覆盖企业员工福利及教育支持领域。
BC vs BFAM — 直观对比
营收规模更大
BC
是对方的1.9倍
$733.7M
营收增速更快
BC
高出8.5%
8.8%
自由现金流更多
BFAM
多$375.3M
$-116.8M
两年增速更快
BFAM
近两年复合增速
-2.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $733.7M |
| 净利润 | $21.0M | — |
| 毛利率 | 24.9% | 19.3% |
| 营业利润率 | 3.6% | 6.2% |
| 净利率 | 1.5% | — |
| 营收同比 | 17.3% | 8.8% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $0.32 | $0.38 |
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BCBFAM
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.3B | $733.7M | ||
| Q3 25 | $1.4B | $802.8M | ||
| Q2 25 | $1.4B | $731.6M | ||
| Q1 25 | $1.2B | $665.5M | ||
| Q4 24 | $1.2B | $674.1M | ||
| Q3 24 | $1.3B | $719.1M | ||
| Q2 24 | $1.4B | $670.1M |
净利润BCBFAM
| Q1 26 | $21.0M | — | ||
| Q4 25 | $18.7M | — | ||
| Q3 25 | $-235.5M | $78.6M | ||
| Q2 25 | $59.3M | $54.8M | ||
| Q1 25 | $20.2M | $38.0M | ||
| Q4 24 | $-82.5M | — | ||
| Q3 24 | $44.6M | $54.9M | ||
| Q2 24 | $100.0M | $39.2M |
毛利率BCBFAM
| Q1 26 | 24.9% | — | ||
| Q4 25 | 23.1% | 19.3% | ||
| Q3 25 | 25.8% | 27.0% | ||
| Q2 25 | 25.5% | 25.0% | ||
| Q1 25 | 24.9% | 23.4% | ||
| Q4 24 | 21.9% | 20.8% | ||
| Q3 24 | 26.2% | 25.2% | ||
| Q2 24 | 27.1% | 24.2% |
营业利润率BCBFAM
| Q1 26 | 3.6% | — | ||
| Q4 25 | 3.1% | 6.2% | ||
| Q3 25 | -17.8% | 15.1% | ||
| Q2 25 | 7.1% | 11.8% | ||
| Q1 25 | 4.6% | 9.4% | ||
| Q4 24 | -4.8% | 7.2% | ||
| Q3 24 | 7.7% | 12.4% | ||
| Q2 24 | 11.0% | 10.3% |
净利率BCBFAM
| Q1 26 | 1.5% | — | ||
| Q4 25 | 1.4% | — | ||
| Q3 25 | -17.3% | 9.8% | ||
| Q2 25 | 4.1% | 7.5% | ||
| Q1 25 | 1.7% | 5.7% | ||
| Q4 24 | -7.1% | — | ||
| Q3 24 | 3.5% | 7.6% | ||
| Q2 24 | 6.9% | 5.8% |
每股收益（稀释后）BCBFAM
| Q1 26 | $0.32 | — | ||
| Q4 25 | $0.32 | $0.38 | ||
| Q3 25 | $-3.59 | $1.37 | ||
| Q2 25 | $0.89 | $0.95 | ||
| Q1 25 | $0.30 | $0.66 | ||
| Q4 24 | $-1.21 | $0.50 | ||
| Q3 24 | $0.67 | $0.94 | ||
| Q2 24 | $1.48 | $0.67 |
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 | $277.8M | $140.1M |
| 总债务越低越好 | $490.2M | $747.6M |
| 股东权益账面价值 | $1.6B | $1.3B |
| 总资产 | $5.5B | $3.9B |
| 负债/权益比越低杠杆越低 | 0.31× | 0.56× |
8季度趋势，按日历期对齐
现金及短期投资BCBFAM
| Q1 26 | $277.8M | — | ||
| Q4 25 | $256.8M | $140.1M | ||
| Q3 25 | $297.7M | $116.6M | ||
| Q2 25 | $315.7M | $179.2M | ||
| Q1 25 | $286.7M | $112.0M | ||
| Q4 24 | $269.0M | $110.3M | ||
| Q3 24 | $284.1M | $109.9M | ||
| Q2 24 | $494.5M | $140.2M |
总债务BCBFAM
| Q1 26 | $490.2M | — | ||
| Q4 25 | $2.1B | $747.6M | ||
| Q3 25 | — | $747.5M | ||
| Q2 25 | — | $797.0M | ||
| Q1 25 | — | $872.7M | ||
| Q4 24 | $2.4B | $918.4M | ||
| Q3 24 | — | $925.7M | ||
| Q2 24 | — | $931.9M |
股东权益BCBFAM
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $1.3B | ||
| Q3 25 | $1.6B | $1.4B | ||
| Q2 25 | $1.9B | $1.4B | ||
| Q1 25 | $1.9B | $1.3B | ||
| Q4 24 | $1.9B | $1.3B | ||
| Q3 24 | $2.0B | $1.4B | ||
| Q2 24 | $2.0B | $1.3B |
总资产BCBFAM
| Q1 26 | $5.5B | — | ||
| Q4 25 | $5.3B | $3.9B | ||
| Q3 25 | $5.4B | $3.9B | ||
| Q2 25 | $5.8B | $3.9B | ||
| Q1 25 | $5.9B | $3.8B | ||
| Q4 24 | $5.7B | $3.9B | ||
| Q3 24 | $6.0B | $3.9B | ||
| Q2 24 | $6.4B | $3.8B |
负债/权益比BCBFAM
| Q1 26 | 0.31× | — | ||
| Q4 25 | 1.30× | 0.56× | ||
| Q3 25 | — | 0.52× | ||
| Q2 25 | — | 0.57× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | 1.25× | 0.72× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.73× |
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 | — | $350.7M |
| 自由现金流经营现金流 - 资本支出 | $-116.8M | $258.5M |
| 自由现金流率自由现金流/营收 | -8.5% | 35.2% |
| 资本支出强度资本支出/营收 | 4.2% | 12.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $344.6M | $402.4M |
8季度趋势，按日历期对齐
经营现金流BCBFAM
| Q1 26 | — | — | ||
| Q4 25 | $132.9M | $350.7M | ||
| Q3 25 | $140.4M | $-17.6M | ||
| Q2 25 | $316.2M | $134.2M | ||
| Q1 25 | $-27.4M | $86.2M | ||
| Q4 24 | $306.4M | $337.5M | ||
| Q3 24 | $67.4M | $-8.9M | ||
| Q2 24 | $211.0M | $109.4M |
自由现金流BCBFAM
| Q1 26 | $-116.8M | — | ||
| Q4 25 | $83.6M | $258.5M | ||
| Q3 25 | $106.5M | $-42.4M | ||
| Q2 25 | $271.3M | $115.4M | ||
| Q1 25 | $-65.1M | $70.9M | ||
| Q4 24 | $276.1M | $240.2M | ||
| Q3 24 | $31.4M | $-32.2M | ||
| Q2 24 | $163.9M | $86.8M |
自由现金流率BCBFAM
| Q1 26 | -8.5% | — | ||
| Q4 25 | 6.3% | 35.2% | ||
| Q3 25 | 7.8% | -5.3% | ||
| Q2 25 | 18.7% | 15.8% | ||
| Q1 25 | -5.3% | 10.7% | ||
| Q4 24 | 23.9% | 35.6% | ||
| Q3 24 | 2.5% | -4.5% | ||
| Q2 24 | 11.4% | 13.0% |
资本支出强度BCBFAM
| Q1 26 | 4.2% | — | ||
| Q4 25 | 3.7% | 12.6% | ||
| Q3 25 | 2.5% | 3.1% | ||
| Q2 25 | 3.1% | 2.6% | ||
| Q1 25 | 3.1% | 2.3% | ||
| Q4 24 | 2.6% | 14.4% | ||
| Q3 24 | 2.8% | 3.2% | ||
| Q2 24 | 3.3% | 3.4% |
现金转化率BCBFAM
| Q1 26 | — | — | ||
| Q4 25 | 7.11× | — | ||
| Q3 25 | — | -0.22× | ||
| Q2 25 | 5.33× | 2.45× | ||
| Q1 25 | -1.36× | 2.26× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.51× | -0.16× | ||
| Q2 24 | 2.11× | 2.79× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
