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BRIGHT HORIZONS FAMILY SOLUTIONS INC.（BFAM）与Essex Property Trust（ESS）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Essex Property Trust的1.5倍（$733.7M vs $479.6M），BRIGHT HORIZONS FAMILY SOLUTIONS INC.同比增速更快（8.8% vs 5.5%），过去两年BRIGHT HORIZONS FAMILY SOLUTIONS INC.的营收复合增速更高（8.5% vs 6.0%）
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。
Essex Property Trust是一家公开上市的房地产投资信托企业，重点布局美国西海岸优质不动产市场，核心投资标的为加利福尼亚州及西雅图大都会区的公寓类物业，在长租公寓的投资、运营及管理领域拥有深厚的行业积累与资源优势。
BFAM vs ESS — 直观对比
营收规模更大
BFAM
是对方的1.5倍
$479.6M
营收增速更快
BFAM
高出3.3%
5.5%
两年增速更快
BFAM
近两年复合增速
6.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $733.7M | $479.6M |
| 净利润 | — | $85.7M |
| 毛利率 | 19.3% | 70.0% |
| 营业利润率 | 6.2% | 31.7% |
| 净利率 | — | 17.9% |
| 营收同比 | 8.8% | 5.5% |
| 净利润同比 | — | -71.6% |
| 每股收益（稀释后） | $0.38 | $1.24 |
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BFAMESS
| Q4 25 | $733.7M | $479.6M | ||
| Q3 25 | $802.8M | $473.3M | ||
| Q2 25 | $731.6M | $469.8M | ||
| Q1 25 | $665.5M | $464.6M | ||
| Q4 24 | $674.1M | $454.5M | ||
| Q3 24 | $719.1M | $450.7M | ||
| Q2 24 | $670.1M | $442.4M | ||
| Q1 24 | $622.7M | $426.9M |
净利润BFAMESS
| Q4 25 | — | $85.7M | ||
| Q3 25 | $78.6M | $172.7M | ||
| Q2 25 | $54.8M | $231.5M | ||
| Q1 25 | $38.0M | $212.8M | ||
| Q4 24 | — | $301.7M | ||
| Q3 24 | $54.9M | $125.5M | ||
| Q2 24 | $39.2M | $99.0M | ||
| Q1 24 | $17.0M | $285.1M |
毛利率BFAMESS
| Q4 25 | 19.3% | 70.0% | ||
| Q3 25 | 27.0% | 69.2% | ||
| Q2 25 | 25.0% | 70.7% | ||
| Q1 25 | 23.4% | 69.6% | ||
| Q4 24 | 20.8% | 70.0% | ||
| Q3 24 | 25.2% | 69.5% | ||
| Q2 24 | 24.2% | 70.8% | ||
| Q1 24 | 21.7% | 69.7% |
营业利润率BFAMESS
| Q4 25 | 6.2% | 31.7% | ||
| Q3 25 | 15.1% | 44.5% | ||
| Q2 25 | 11.8% | 59.5% | ||
| Q1 25 | 9.4% | 55.3% | ||
| Q4 24 | 7.2% | 67.0% | ||
| Q3 24 | 12.4% | 28.6% | ||
| Q2 24 | 10.3% | 31.1% | ||
| Q1 24 | 6.4% | 31.0% |
净利率BFAMESS
| Q4 25 | — | 17.9% | ||
| Q3 25 | 9.8% | 36.5% | ||
| Q2 25 | 7.5% | 49.3% | ||
| Q1 25 | 5.7% | 45.8% | ||
| Q4 24 | — | 66.4% | ||
| Q3 24 | 7.6% | 27.8% | ||
| Q2 24 | 5.8% | 22.4% | ||
| Q1 24 | 2.7% | 66.8% |
每股收益（稀释后）BFAMESS
| Q4 25 | $0.38 | $1.24 | ||
| Q3 25 | $1.37 | $2.56 | ||
| Q2 25 | $0.95 | $3.44 | ||
| Q1 25 | $0.66 | $3.16 | ||
| Q4 24 | $0.50 | $4.00 | ||
| Q3 24 | $0.94 | $1.84 | ||
| Q2 24 | $0.67 | $1.45 | ||
| Q1 24 | $0.29 | $4.25 |
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 | $76.2M |
| 总债务越低越好 | $747.6M | — |
| 股东权益账面价值 | $1.3B | $5.5B |
| 总资产 | $3.9B | $13.2B |
| 负债/权益比越低杠杆越低 | 0.56× | — |
8季度趋势，按日历期对齐
现金及短期投资BFAMESS
| Q4 25 | $140.1M | $76.2M | ||
| Q3 25 | $116.6M | $66.0M | ||
| Q2 25 | $179.2M | $58.7M | ||
| Q1 25 | $112.0M | $98.7M | ||
| Q4 24 | $110.3M | $66.8M | ||
| Q3 24 | $109.9M | $71.3M | ||
| Q2 24 | $140.2M | $55.2M | ||
| Q1 24 | $63.7M | $499.0M |
总债务BFAMESS
| Q4 25 | $747.6M | — | ||
| Q3 25 | $747.5M | $6.4B | ||
| Q2 25 | $797.0M | $6.4B | ||
| Q1 25 | $872.7M | $6.8B | ||
| Q4 24 | $918.4M | — | ||
| Q3 24 | $925.7M | $6.4B | ||
| Q2 24 | $931.9M | $6.2B | ||
| Q1 24 | $938.1M | $6.6B |
股东权益BFAMESS
| Q4 25 | $1.3B | $5.5B | ||
| Q3 25 | $1.4B | $5.6B | ||
| Q2 25 | $1.4B | $5.6B | ||
| Q1 25 | $1.3B | $5.6B | ||
| Q4 24 | $1.3B | $5.5B | ||
| Q3 24 | $1.4B | $5.4B | ||
| Q2 24 | $1.3B | $5.5B | ||
| Q1 24 | $1.2B | $5.5B |
总资产BFAMESS
| Q4 25 | $3.9B | $13.2B | ||
| Q3 25 | $3.9B | $13.2B | ||
| Q2 25 | $3.9B | $13.2B | ||
| Q1 25 | $3.8B | $13.2B | ||
| Q4 24 | $3.9B | $12.9B | ||
| Q3 24 | $3.9B | $12.6B | ||
| Q2 24 | $3.8B | $12.5B | ||
| Q1 24 | $3.8B | $12.9B |
负债/权益比BFAMESS
| Q4 25 | 0.56× | — | ||
| Q3 25 | 0.52× | 1.15× | ||
| Q2 25 | 0.57× | 1.14× | ||
| Q1 25 | 0.66× | 1.22× | ||
| Q4 24 | 0.72× | — | ||
| Q3 24 | 0.66× | 1.18× | ||
| Q2 24 | 0.73× | 1.13× | ||
| Q1 24 | 0.76× | 1.19× |
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 | $1.1B |
| 自由现金流经营现金流 - 资本支出 | $258.5M | — |
| 自由现金流率自由现金流/营收 | 35.2% | — |
| 资本支出强度资本支出/营收 | 12.6% | — |
| 现金转化率经营现金流/净利润 | — | 12.53× |
| 过去12个月自由现金流最近4个季度 | $402.4M | — |
8季度趋势，按日历期对齐
经营现金流BFAMESS
| Q4 25 | $350.7M | $1.1B | ||
| Q3 25 | $-17.6M | $342.6M | ||
| Q2 25 | $134.2M | $216.1M | ||
| Q1 25 | $86.2M | $281.5M | ||
| Q4 24 | $337.5M | $1.1B | ||
| Q3 24 | $-8.9M | $316.2M | ||
| Q2 24 | $109.4M | $218.9M | ||
| Q1 24 | $116.3M | $314.9M |
自由现金流BFAMESS
| Q4 25 | $258.5M | — | ||
| Q3 25 | $-42.4M | — | ||
| Q2 25 | $115.4M | — | ||
| Q1 25 | $70.9M | — | ||
| Q4 24 | $240.2M | — | ||
| Q3 24 | $-32.2M | — | ||
| Q2 24 | $86.8M | — | ||
| Q1 24 | $96.9M | — |
自由现金流率BFAMESS
| Q4 25 | 35.2% | — | ||
| Q3 25 | -5.3% | — | ||
| Q2 25 | 15.8% | — | ||
| Q1 25 | 10.7% | — | ||
| Q4 24 | 35.6% | — | ||
| Q3 24 | -4.5% | — | ||
| Q2 24 | 13.0% | — | ||
| Q1 24 | 15.6% | — |
资本支出强度BFAMESS
| Q4 25 | 12.6% | — | ||
| Q3 25 | 3.1% | — | ||
| Q2 25 | 2.6% | — | ||
| Q1 25 | 2.3% | — | ||
| Q4 24 | 14.4% | — | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | 3.4% | — | ||
| Q1 24 | 3.1% | — |
现金转化率BFAMESS
| Q4 25 | — | 12.53× | ||
| Q3 25 | -0.22× | 1.98× | ||
| Q2 25 | 2.45× | 0.93× | ||
| Q1 25 | 2.26× | 1.32× | ||
| Q4 24 | — | 3.54× | ||
| Q3 24 | -0.16× | 2.52× | ||
| Q2 24 | 2.79× | 2.21× | ||
| Q1 24 | 6.85× | 1.10× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
