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BRIGHT HORIZONS FAMILY SOLUTIONS INC.（BFAM）与Gaming & Leisure Properties, Inc.（GLPI）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Gaming & Leisure Properties, Inc.的1.7倍（$733.7M vs $420.0M），BRIGHT HORIZONS FAMILY SOLUTIONS INC.同比增速更快（8.8% vs 6.3%），过去两年BRIGHT HORIZONS FAMILY SOLUTIONS INC.的营收复合增速更高（8.5% vs 5.0%）
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。
博彩与休闲地产公司（GLPI）是一家专注于赌场物业的房地产投资信托（REIT），总部位于宾夕法尼亚州怀奥米辛。公司于2013年11月从宾州国民娱乐分拆成立，目前持有62处赌场物业，全部对外出租给其他企业运营。
BFAM vs GLPI — 直观对比
营收规模更大
BFAM
是对方的1.7倍
$420.0M
营收增速更快
BFAM
高出2.6%
6.3%
两年增速更快
BFAM
近两年复合增速
5.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $733.7M | $420.0M |
| 净利润 | — | $239.4M |
| 毛利率 | 19.3% | — |
| 营业利润率 | 6.2% | 79.4% |
| 净利率 | — | 57.0% |
| 营收同比 | 8.8% | 6.3% |
| 净利润同比 | — | 40.5% |
| 每股收益（稀释后） | $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BFAMGLPI
| Q1 26 | — | $420.0M | ||
| Q4 25 | $733.7M | $407.0M | ||
| Q3 25 | $802.8M | $397.6M | ||
| Q2 25 | $731.6M | $394.9M | ||
| Q1 25 | $665.5M | $395.2M | ||
| Q4 24 | $674.1M | $389.6M | ||
| Q3 24 | $719.1M | $385.3M | ||
| Q2 24 | $670.1M | $380.6M |
净利润BFAMGLPI
| Q1 26 | — | $239.4M | ||
| Q4 25 | — | $275.4M | ||
| Q3 25 | $78.6M | $241.2M | ||
| Q2 25 | $54.8M | $151.4M | ||
| Q1 25 | $38.0M | $165.2M | ||
| Q4 24 | — | $223.6M | ||
| Q3 24 | $54.9M | $184.7M | ||
| Q2 24 | $39.2M | $208.3M |
毛利率BFAMGLPI
| Q1 26 | — | — | ||
| 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% | — |
营业利润率BFAMGLPI
| Q1 26 | — | 79.4% | ||
| Q4 25 | 6.2% | 89.3% | ||
| Q3 25 | 15.1% | 84.8% | ||
| Q2 25 | 11.8% | 61.3% | ||
| Q1 25 | 9.4% | 65.5% | ||
| Q4 24 | 7.2% | 79.1% | ||
| Q3 24 | 12.4% | 70.4% | ||
| Q2 24 | 10.3% | 77.1% |
净利率BFAMGLPI
| Q1 26 | — | 57.0% | ||
| Q4 25 | — | 67.6% | ||
| Q3 25 | 9.8% | 60.7% | ||
| Q2 25 | 7.5% | 38.4% | ||
| Q1 25 | 5.7% | 41.8% | ||
| Q4 24 | — | 57.4% | ||
| Q3 24 | 7.6% | 47.9% | ||
| Q2 24 | 5.8% | 54.7% |
每股收益（稀释后）BFAMGLPI
| Q1 26 | — | — | ||
| Q4 25 | $0.38 | $0.96 | ||
| Q3 25 | $1.37 | $0.85 | ||
| Q2 25 | $0.95 | $0.54 | ||
| Q1 25 | $0.66 | $0.60 | ||
| Q4 24 | $0.50 | $0.79 | ||
| Q3 24 | $0.94 | $0.67 | ||
| Q2 24 | $0.67 | $0.77 |
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 | $274.5M |
| 总债务越低越好 | $747.6M | — |
| 股东权益账面价值 | $1.3B | $5.0B |
| 总资产 | $3.9B | $13.8B |
| 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BFAMGLPI
| Q1 26 | — | $274.5M | ||
| Q4 25 | $140.1M | — | ||
| Q3 25 | $116.6M | — | ||
| Q2 25 | $179.2M | — | ||
| Q1 25 | $112.0M | — | ||
| Q4 24 | $110.3M | $560.8M | ||
| Q3 24 | $109.9M | $560.8M | ||
| Q2 24 | $140.2M | $560.8M |
总债务BFAMGLPI
| Q1 26 | — | — | ||
| Q4 25 | $747.6M | $7.2B | ||
| Q3 25 | $747.5M | $7.2B | ||
| Q2 25 | $797.0M | $6.9B | ||
| Q1 25 | $872.7M | $6.9B | ||
| Q4 24 | $918.4M | $7.7B | ||
| Q3 24 | $925.7M | $7.4B | ||
| Q2 24 | $931.9M | $6.6B |
股东权益BFAMGLPI
| Q1 26 | — | $5.0B | ||
| Q4 25 | $1.3B | $4.6B | ||
| Q3 25 | $1.4B | $4.6B | ||
| Q2 25 | $1.4B | $4.6B | ||
| Q1 25 | $1.3B | $4.2B | ||
| Q4 24 | $1.3B | $4.3B | ||
| Q3 24 | $1.4B | $4.3B | ||
| Q2 24 | $1.3B | $4.1B |
总资产BFAMGLPI
| Q1 26 | — | $13.8B | ||
| Q4 25 | $3.9B | $12.9B | ||
| Q3 25 | $3.9B | $12.8B | ||
| Q2 25 | $3.9B | $12.5B | ||
| Q1 25 | $3.8B | $12.1B | ||
| Q4 24 | $3.9B | $13.1B | ||
| Q3 24 | $3.9B | $12.7B | ||
| Q2 24 | $3.8B | $11.8B |
负债/权益比BFAMGLPI
| Q1 26 | — | — | ||
| Q4 25 | 0.56× | 1.56× | ||
| Q3 25 | 0.52× | 1.57× | ||
| Q2 25 | 0.57× | 1.51× | ||
| Q1 25 | 0.66× | 1.63× | ||
| Q4 24 | 0.72× | 1.81× | ||
| Q3 24 | 0.66× | 1.74× | ||
| Q2 24 | 0.73× | 1.60× |
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 | $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 | — | — |
| 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BFAMGLPI
| Q1 26 | — | — | ||
| Q4 25 | $350.7M | $1.1B | ||
| Q3 25 | $-17.6M | $240.3M | ||
| Q2 25 | $134.2M | $293.4M | ||
| Q1 25 | $86.2M | $252.5M | ||
| Q4 24 | $337.5M | $1.1B | ||
| Q3 24 | $-8.9M | $270.4M | ||
| Q2 24 | $109.4M | $252.1M |
自由现金流BFAMGLPI
| Q1 26 | — | — | ||
| Q4 25 | $258.5M | — | ||
| Q3 25 | $-42.4M | $183.0M | ||
| Q2 25 | $115.4M | $272.3M | ||
| Q1 25 | $70.9M | $239.6M | ||
| Q4 24 | $240.2M | $1.1B | ||
| Q3 24 | $-32.2M | $261.5M | ||
| Q2 24 | $86.8M | $245.0M |
自由现金流率BFAMGLPI
| Q1 26 | — | — | ||
| Q4 25 | 35.2% | — | ||
| Q3 25 | -5.3% | 46.0% | ||
| Q2 25 | 15.8% | 69.0% | ||
| Q1 25 | 10.7% | 60.6% | ||
| Q4 24 | 35.6% | 275.3% | ||
| Q3 24 | -4.5% | 67.9% | ||
| Q2 24 | 13.0% | 64.4% |
资本支出强度BFAMGLPI
| Q1 26 | — | — | ||
| Q4 25 | 12.6% | — | ||
| Q3 25 | 3.1% | 14.4% | ||
| Q2 25 | 2.6% | 5.3% | ||
| Q1 25 | 2.3% | 3.3% | ||
| Q4 24 | 14.4% | 0.0% | ||
| Q3 24 | 3.2% | 2.3% | ||
| Q2 24 | 3.4% | 1.9% |
现金转化率BFAMGLPI
| Q1 26 | — | — | ||
| Q4 25 | — | 4.10× | ||
| Q3 25 | -0.22× | 1.00× | ||
| Q2 25 | 2.45× | 1.94× | ||
| Q1 25 | 2.26× | 1.53× | ||
| Q4 24 | — | 4.80× | ||
| Q3 24 | -0.16× | 1.46× | ||
| Q2 24 | 2.79× | 1.21× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
