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BRIGHT HORIZONS FAMILY SOLUTIONS INC.（BFAM）与IES Holdings, Inc.（IESC）财务数据对比。点击上方公司名可切换其他公司
IES Holdings, Inc.的季度营收约是BRIGHT HORIZONS FAMILY SOLUTIONS INC.的1.2倍（$871.0M vs $733.7M），IES Holdings, Inc.同比增速更快（16.2% vs 8.8%），BRIGHT HORIZONS FAMILY SOLUTIONS INC.自由现金流更多（$258.5M vs $-18.9M），过去两年IES Holdings, Inc.的营收复合增速更高（11.1% vs 8.5%）
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。
IES Holdings, Inc.前身为Integrated Electrical Services, Inc.，主营业务为集成电气及技术系统的设计与安装，同时面向数据中心、住宅、商业和工业设施等多元终端市场提供基础设施类产品及相关服务。
BFAM vs IESC — 直观对比
营收规模更大
IESC
是对方的1.2倍
$733.7M
营收增速更快
IESC
高出7.4%
8.8%
自由现金流更多
BFAM
多$277.4M
$-18.9M
两年增速更快
IESC
近两年复合增速
8.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $733.7M | $871.0M |
| 净利润 | — | $91.8M |
| 毛利率 | 19.3% | 25.3% |
| 营业利润率 | 6.2% | 11.2% |
| 净利率 | — | 10.5% |
| 营收同比 | 8.8% | 16.2% |
| 净利润同比 | — | 59.1% |
| 每股收益（稀释后） | $0.38 | $4.51 |
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BFAMIESC
| Q4 25 | $733.7M | $871.0M | ||
| Q3 25 | $802.8M | $897.8M | ||
| Q2 25 | $731.6M | $890.2M | ||
| Q1 25 | $665.5M | $834.0M | ||
| Q4 24 | $674.1M | $749.5M | ||
| Q3 24 | $719.1M | $775.8M | ||
| Q2 24 | $670.1M | $768.4M | ||
| Q1 24 | $622.7M | $705.7M |
净利润BFAMIESC
| Q4 25 | — | $91.8M | ||
| Q3 25 | $78.6M | $102.3M | ||
| Q2 25 | $54.8M | $79.3M | ||
| Q1 25 | $38.0M | $72.6M | ||
| Q4 24 | — | $57.7M | ||
| Q3 24 | $54.9M | $65.5M | ||
| Q2 24 | $39.2M | $66.6M | ||
| Q1 24 | $17.0M | $56.8M |
毛利率BFAMIESC
| Q4 25 | 19.3% | 25.3% | ||
| Q3 25 | 27.0% | 26.0% | ||
| Q2 25 | 25.0% | 26.9% | ||
| Q1 25 | 23.4% | 25.0% | ||
| Q4 24 | 20.8% | 23.8% | ||
| Q3 24 | 25.2% | 24.0% | ||
| Q2 24 | 24.2% | 25.3% | ||
| Q1 24 | 21.7% | 24.3% |
营业利润率BFAMIESC
| Q4 25 | 6.2% | 11.2% | ||
| Q3 25 | 15.1% | 11.6% | ||
| Q2 25 | 11.8% | 12.6% | ||
| Q1 25 | 9.4% | 11.1% | ||
| Q4 24 | 7.2% | 10.0% | ||
| Q3 24 | 12.4% | 9.7% | ||
| Q2 24 | 10.3% | 11.7% | ||
| Q1 24 | 6.4% | 11.0% |
净利率BFAMIESC
| Q4 25 | — | 10.5% | ||
| Q3 25 | 9.8% | 11.4% | ||
| Q2 25 | 7.5% | 8.9% | ||
| Q1 25 | 5.7% | 8.7% | ||
| Q4 24 | — | 7.7% | ||
| Q3 24 | 7.6% | 8.4% | ||
| Q2 24 | 5.8% | 8.7% | ||
| Q1 24 | 2.7% | 8.0% |
每股收益（稀释后）BFAMIESC
| Q4 25 | $0.38 | $4.51 | ||
| Q3 25 | $1.37 | $4.99 | ||
| Q2 25 | $0.95 | $3.81 | ||
| Q1 25 | $0.66 | $3.50 | ||
| Q4 24 | $0.50 | $2.72 | ||
| Q3 24 | $0.94 | $3.06 | ||
| Q2 24 | $0.67 | $2.67 | ||
| Q1 24 | $0.29 | $2.29 |
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 | $258.7M |
| 总债务越低越好 | $747.6M | — |
| 股东权益账面价值 | $1.3B | $961.1M |
| 总资产 | $3.9B | $1.7B |
| 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BFAMIESC
| Q4 25 | $140.1M | $258.7M | ||
| Q3 25 | $116.6M | $231.8M | ||
| Q2 25 | $179.2M | $168.3M | ||
| Q1 25 | $112.0M | $88.3M | ||
| Q4 24 | $110.3M | $112.0M | ||
| Q3 24 | $109.9M | $135.8M | ||
| Q2 24 | $140.2M | $44.9M | ||
| Q1 24 | $63.7M | $106.0M |
总债务BFAMIESC
| Q4 25 | $747.6M | — | ||
| Q3 25 | $747.5M | — | ||
| Q2 25 | $797.0M | — | ||
| Q1 25 | $872.7M | — | ||
| Q4 24 | $918.4M | — | ||
| Q3 24 | $925.7M | — | ||
| Q2 24 | $931.9M | — | ||
| Q1 24 | $938.1M | — |
股东权益BFAMIESC
| Q4 25 | $1.3B | $961.1M | ||
| Q3 25 | $1.4B | $884.0M | ||
| Q2 25 | $1.4B | $781.4M | ||
| Q1 25 | $1.3B | $705.8M | ||
| Q4 24 | $1.3B | $652.4M | ||
| Q3 24 | $1.4B | $611.1M | ||
| Q2 24 | $1.3B | $567.5M | ||
| Q1 24 | $1.2B | $534.8M |
总资产BFAMIESC
| Q4 25 | $3.9B | $1.7B | ||
| Q3 25 | $3.9B | $1.6B | ||
| Q2 25 | $3.9B | $1.5B | ||
| Q1 25 | $3.8B | $1.4B | ||
| Q4 24 | $3.9B | $1.3B | ||
| Q3 24 | $3.9B | $1.2B | ||
| Q2 24 | $3.8B | $1.2B | ||
| Q1 24 | $3.8B | $1.1B |
负债/权益比BFAMIESC
| Q4 25 | 0.56× | — | ||
| Q3 25 | 0.52× | — | ||
| Q2 25 | 0.57× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.72× | — | ||
| Q3 24 | 0.66× | — | ||
| Q2 24 | 0.73× | — | ||
| 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 | $27.7M |
| 自由现金流经营现金流 - 资本支出 | $258.5M | $-18.9M |
| 自由现金流率自由现金流/营收 | 35.2% | -2.2% |
| 资本支出强度资本支出/营收 | 12.6% | 5.3% |
| 现金转化率经营现金流/净利润 | — | 0.30× |
| 过去12个月自由现金流最近4个季度 | $402.4M | $175.9M |
8季度趋势，按日历期对齐
经营现金流BFAMIESC
| Q4 25 | $350.7M | $27.7M | ||
| Q3 25 | $-17.6M | $132.0M | ||
| Q2 25 | $134.2M | $92.0M | ||
| Q1 25 | $86.2M | $24.8M | ||
| Q4 24 | $337.5M | $37.3M | ||
| Q3 24 | $-8.9M | $92.8M | ||
| Q2 24 | $109.4M | $82.9M | ||
| Q1 24 | $116.3M | $33.7M |
自由现金流BFAMIESC
| Q4 25 | $258.5M | $-18.9M | ||
| Q3 25 | $-42.4M | $112.0M | ||
| Q2 25 | $115.4M | $74.8M | ||
| Q1 25 | $70.9M | $7.9M | ||
| Q4 24 | $240.2M | $24.1M | ||
| Q3 24 | $-32.2M | $78.5M | ||
| Q2 24 | $86.8M | $65.4M | ||
| Q1 24 | $96.9M | $26.9M |
自由现金流率BFAMIESC
| Q4 25 | 35.2% | -2.2% | ||
| Q3 25 | -5.3% | 12.5% | ||
| Q2 25 | 15.8% | 8.4% | ||
| Q1 25 | 10.7% | 0.9% | ||
| Q4 24 | 35.6% | 3.2% | ||
| Q3 24 | -4.5% | 10.1% | ||
| Q2 24 | 13.0% | 8.5% | ||
| Q1 24 | 15.6% | 3.8% |
资本支出强度BFAMIESC
| Q4 25 | 12.6% | 5.3% | ||
| Q3 25 | 3.1% | 2.2% | ||
| Q2 25 | 2.6% | 1.9% | ||
| Q1 25 | 2.3% | 2.0% | ||
| Q4 24 | 14.4% | 1.8% | ||
| Q3 24 | 3.2% | 1.8% | ||
| Q2 24 | 3.4% | 2.3% | ||
| Q1 24 | 3.1% | 1.0% |
现金转化率BFAMIESC
| Q4 25 | — | 0.30× | ||
| Q3 25 | -0.22× | 1.29× | ||
| Q2 25 | 2.45× | 1.16× | ||
| Q1 25 | 2.26× | 0.34× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | -0.16× | 1.42× | ||
| Q2 24 | 2.79× | 1.24× | ||
| Q1 24 | 6.85× | 0.59× |
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
IESC
| Communications | $351.9M | 40% |
| Single Family Electrical Contracts | $137.0M | 16% |
| Custom Engineered Solutions | $116.0M | 13% |
| Commercialand Industrial | $94.8M | 11% |
| Single Family Contracts Plumbing HVAC | $82.9M | 10% |
| Multi Familyand Other | $64.2M | 7% |
| Industrial Services | $24.2M | 3% |
