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BRIGHT HORIZONS FAMILY SOLUTIONS INC.（BFAM）与Concentra Group Holdings Parent, Inc.（CON）财务数据对比。点击上方公司名可切换其他公司
BRIGHT HORIZONS FAMILY SOLUTIONS INC.的季度营收约是Concentra Group Holdings Parent, Inc.的1.4倍（$733.7M vs $539.1M），BRIGHT HORIZONS FAMILY SOLUTIONS INC.自由现金流更多（$258.5M vs $98.5M）
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。
Concentra是美国的职业医疗服务商，1979年成立于得克萨斯州阿马里洛，总部位于得克萨斯州艾迪生。业务覆盖美国47个州，运营627家职业医疗中心和410个雇主驻地现场诊所，美国每7起职业伤害案例中就有1起由该机构提供诊疗服务。
BFAM vs CON — 直观对比
营收规模更大
BFAM
是对方的1.4倍
$539.1M
自由现金流更多
BFAM
多$160.0M
$98.5M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $733.7M | $539.1M |
| 净利润 | — | $34.7M |
| 毛利率 | 19.3% | — |
| 营业利润率 | 6.2% | 12.9% |
| 净利率 | — | 6.4% |
| 营收同比 | 8.8% | — |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $0.38 | $0.27 |
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BFAMCON
| Q4 25 | $733.7M | $539.1M | ||
| Q3 25 | $802.8M | $572.8M | ||
| Q2 25 | $731.6M | $550.8M | ||
| Q1 25 | $665.5M | $500.8M | ||
| Q4 24 | $674.1M | — | ||
| Q3 24 | $719.1M | $489.6M | ||
| Q2 24 | $670.1M | $477.9M | ||
| Q1 24 | $622.7M | — |
净利润BFAMCON
| Q4 25 | — | $34.7M | ||
| Q3 25 | $78.6M | $48.3M | ||
| Q2 25 | $54.8M | $44.6M | ||
| Q1 25 | $38.0M | $38.9M | ||
| Q4 24 | — | — | ||
| Q3 24 | $54.9M | $44.3M | ||
| Q2 24 | $39.2M | $51.7M | ||
| Q1 24 | $17.0M | — |
毛利率BFAMCON
| Q4 25 | 19.3% | — | ||
| Q3 25 | 27.0% | — | ||
| Q2 25 | 25.0% | — | ||
| Q1 25 | 23.4% | — | ||
| Q4 24 | 20.8% | — | ||
| Q3 24 | 25.2% | — | ||
| Q2 24 | 24.2% | — | ||
| Q1 24 | 21.7% | — |
营业利润率BFAMCON
| Q4 25 | 6.2% | 12.9% | ||
| Q3 25 | 15.1% | 16.5% | ||
| Q2 25 | 11.8% | 16.3% | ||
| Q1 25 | 9.4% | 16.0% | ||
| Q4 24 | 7.2% | — | ||
| Q3 24 | 12.4% | 17.6% | ||
| Q2 24 | 10.3% | 17.6% | ||
| Q1 24 | 6.4% | — |
净利率BFAMCON
| Q4 25 | — | 6.4% | ||
| Q3 25 | 9.8% | 8.4% | ||
| Q2 25 | 7.5% | 8.1% | ||
| Q1 25 | 5.7% | 7.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | 7.6% | 9.1% | ||
| Q2 24 | 5.8% | 10.8% | ||
| Q1 24 | 2.7% | — |
每股收益（稀释后）BFAMCON
| Q4 25 | $0.38 | $0.27 | ||
| Q3 25 | $1.37 | $0.38 | ||
| Q2 25 | $0.95 | $0.35 | ||
| Q1 25 | $0.66 | $0.30 | ||
| Q4 24 | $0.50 | — | ||
| Q3 24 | $0.94 | $0.37 | ||
| Q2 24 | $0.67 | $0.50 | ||
| Q1 24 | $0.29 | — |
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 | $140.1M | $79.9M |
| 总债务越低越好 | $747.6M | $1.6B |
| 股东权益账面价值 | $1.3B | $393.3M |
| 总资产 | $3.9B | $2.9B |
| 负债/权益比越低杠杆越低 | 0.56× | 3.98× |
8季度趋势，按日历期对齐
现金及短期投资BFAMCON
| Q4 25 | $140.1M | $79.9M | ||
| Q3 25 | $116.6M | $49.9M | ||
| Q2 25 | $179.2M | $73.9M | ||
| Q1 25 | $112.0M | $52.1M | ||
| Q4 24 | $110.3M | — | ||
| Q3 24 | $109.9M | $136.8M | ||
| Q2 24 | $140.2M | $50.7M | ||
| Q1 24 | $63.7M | — |
总债务BFAMCON
| Q4 25 | $747.6M | $1.6B | ||
| Q3 25 | $747.5M | $1.6B | ||
| Q2 25 | $797.0M | $1.7B | ||
| Q1 25 | $872.7M | $1.6B | ||
| Q4 24 | $918.4M | — | ||
| Q3 24 | $925.7M | $1.5B | ||
| Q2 24 | $931.9M | $3.0M | ||
| Q1 24 | $938.1M | — |
股东权益BFAMCON
| Q4 25 | $1.3B | $393.3M | ||
| Q3 25 | $1.4B | $385.5M | ||
| Q2 25 | $1.4B | $342.6M | ||
| Q1 25 | $1.3B | $307.1M | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.4B | $277.8M | ||
| Q2 24 | $1.3B | $1.2B | ||
| Q1 24 | $1.2B | — |
总资产BFAMCON
| Q4 25 | $3.9B | $2.9B | ||
| Q3 25 | $3.9B | $2.8B | ||
| Q2 25 | $3.9B | $2.8B | ||
| Q1 25 | $3.8B | $2.7B | ||
| Q4 24 | $3.9B | — | ||
| Q3 24 | $3.9B | $2.5B | ||
| Q2 24 | $3.8B | $2.4B | ||
| Q1 24 | $3.8B | — |
负债/权益比BFAMCON
| Q4 25 | 0.56× | 3.98× | ||
| Q3 25 | 0.52× | 4.15× | ||
| Q2 25 | 0.57× | 4.82× | ||
| Q1 25 | 0.66× | 5.27× | ||
| Q4 24 | 0.72× | — | ||
| Q3 24 | 0.66× | 5.30× | ||
| Q2 24 | 0.73× | 0.00× | ||
| Q1 24 | 0.76× | — |
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 | $118.7M |
| 自由现金流经营现金流 - 资本支出 | $258.5M | $98.5M |
| 自由现金流率自由现金流/营收 | 35.2% | 18.3% |
| 资本支出强度资本支出/营收 | 12.6% | 3.7% |
| 现金转化率经营现金流/净利润 | — | 3.42× |
| 过去12个月自由现金流最近4个季度 | $402.4M | $197.1M |
8季度趋势，按日历期对齐
经营现金流BFAMCON
| Q4 25 | $350.7M | $118.7M | ||
| Q3 25 | $-17.6M | $60.6M | ||
| Q2 25 | $134.2M | $88.4M | ||
| Q1 25 | $86.2M | $11.7M | ||
| Q4 24 | $337.5M | — | ||
| Q3 24 | $-8.9M | $65.9M | ||
| Q2 24 | $109.4M | — | ||
| Q1 24 | $116.3M | — |
自由现金流BFAMCON
| Q4 25 | $258.5M | $98.5M | ||
| Q3 25 | $-42.4M | $39.4M | ||
| Q2 25 | $115.4M | $63.2M | ||
| Q1 25 | $70.9M | $-4.0M | ||
| Q4 24 | $240.2M | — | ||
| Q3 24 | $-32.2M | $50.8M | ||
| Q2 24 | $86.8M | — | ||
| Q1 24 | $96.9M | — |
自由现金流率BFAMCON
| Q4 25 | 35.2% | 18.3% | ||
| Q3 25 | -5.3% | 6.9% | ||
| Q2 25 | 15.8% | 11.5% | ||
| Q1 25 | 10.7% | -0.8% | ||
| Q4 24 | 35.6% | — | ||
| Q3 24 | -4.5% | 10.4% | ||
| Q2 24 | 13.0% | — | ||
| Q1 24 | 15.6% | — |
资本支出强度BFAMCON
| Q4 25 | 12.6% | 3.7% | ||
| Q3 25 | 3.1% | 3.7% | ||
| Q2 25 | 2.6% | 4.6% | ||
| Q1 25 | 2.3% | 3.1% | ||
| Q4 24 | 14.4% | — | ||
| Q3 24 | 3.2% | 3.1% | ||
| Q2 24 | 3.4% | — | ||
| Q1 24 | 3.1% | — |
现金转化率BFAMCON
| Q4 25 | — | 3.42× | ||
| Q3 25 | -0.22× | 1.26× | ||
| Q2 25 | 2.45× | 1.98× | ||
| Q1 25 | 2.26× | 0.30× | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.16× | 1.49× | ||
| Q2 24 | 2.79× | — | ||
| Q1 24 | 6.85× | — |
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
BFAM
暂无分部数据
CON
| Occupational Health Center Workers Compensation | $328.5M | 61% |
| Occupational Health Center Employer Services | $151.9M | 28% |
| Onsite Health Clinics | $36.2M | 7% |
| Other Businesses | $12.3M | 2% |
| Occupational Health Center Consumer Health | $8.1M | 2% |
| Occupational Health Center Other | $2.1M | 0% |
