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BRIGHT HORIZONS FAMILY SOLUTIONS INC.（BFAM）与罗技（LOGI）财务数据对比。点击上方公司名可切换其他公司
罗技的季度营收约是BRIGHT HORIZONS FAMILY SOLUTIONS INC.的1.9倍（$1.4B vs $733.7M），BRIGHT HORIZONS FAMILY SOLUTIONS INC.同比增速更快（8.8% vs 6.1%），罗技自由现金流更多（$465.6M vs $258.5M），过去两年罗技的营收复合增速更高（18.5% 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。
罗技国际是总部位于瑞士洛桑的跨国企业，专注于计算机外设及相关软件的研发与生产，在欧洲、亚洲、大洋洲、美洲均设有分支机构，为瑞士市场指数成分股，同时在纳斯达克交易所挂牌上市。
BFAM vs LOGI — 直观对比
营收规模更大
LOGI
是对方的1.9倍
$733.7M
营收增速更快
BFAM
高出2.8%
6.1%
自由现金流更多
LOGI
多$207.1M
$258.5M
两年增速更快
LOGI
近两年复合增速
8.5%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $733.7M | $1.4B |
| 净利润 | — | $251.0M |
| 毛利率 | 19.3% | 43.2% |
| 营业利润率 | 6.2% | 20.1% |
| 净利率 | — | 17.7% |
| 营收同比 | 8.8% | 6.1% |
| 净利润同比 | — | 25.4% |
| 每股收益（稀释后） | $0.38 | $1.69 |
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BFAMLOGI
| Q4 25 | $733.7M | $1.4B | ||
| Q3 25 | $802.8M | $1.2B | ||
| Q2 25 | $731.6M | $1.1B | ||
| Q1 25 | $665.5M | $1.0B | ||
| Q4 24 | $674.1M | $1.3B | ||
| Q3 24 | $719.1M | $1.1B | ||
| Q2 24 | $670.1M | $1.1B | ||
| Q1 24 | $622.7M | $1.0B |
净利润BFAMLOGI
| Q4 25 | — | $251.0M | ||
| Q3 25 | $78.6M | $170.7M | ||
| Q2 25 | $54.8M | $146.0M | ||
| Q1 25 | $38.0M | $144.1M | ||
| Q4 24 | — | $200.1M | ||
| Q3 24 | $54.9M | $145.5M | ||
| Q2 24 | $39.2M | $141.8M | ||
| Q1 24 | $17.0M | $167.6M |
毛利率BFAMLOGI
| Q4 25 | 19.3% | 43.2% | ||
| Q3 25 | 27.0% | 43.4% | ||
| Q2 25 | 25.0% | 41.7% | ||
| Q1 25 | 23.4% | 43.1% | ||
| Q4 24 | 20.8% | 42.9% | ||
| Q3 24 | 25.2% | 43.6% | ||
| Q2 24 | 24.2% | 42.8% | ||
| Q1 24 | 21.7% | 43.2% |
营业利润率BFAMLOGI
| Q4 25 | 6.2% | 20.1% | ||
| Q3 25 | 15.1% | 16.1% | ||
| Q2 25 | 11.8% | 14.1% | ||
| Q1 25 | 9.4% | 10.5% | ||
| Q4 24 | 7.2% | 17.5% | ||
| Q3 24 | 12.4% | 14.4% | ||
| Q2 24 | 10.3% | 14.1% | ||
| Q1 24 | 6.4% | 12.9% |
净利率BFAMLOGI
| Q4 25 | — | 17.7% | ||
| Q3 25 | 9.8% | 14.4% | ||
| Q2 25 | 7.5% | 12.7% | ||
| Q1 25 | 5.7% | 14.3% | ||
| Q4 24 | — | 14.9% | ||
| Q3 24 | 7.6% | 13.0% | ||
| Q2 24 | 5.8% | 13.0% | ||
| Q1 24 | 2.7% | 16.6% |
每股收益（稀释后）BFAMLOGI
| Q4 25 | $0.38 | $1.69 | ||
| Q3 25 | $1.37 | $1.15 | ||
| Q2 25 | $0.95 | $0.98 | ||
| Q1 25 | $0.66 | $0.94 | ||
| Q4 24 | $0.50 | $1.32 | ||
| Q3 24 | $0.94 | $0.95 | ||
| Q2 24 | $0.67 | $0.92 | ||
| Q1 24 | $0.29 | $1.07 |
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 | $1.8B |
| 总债务越低越好 | $747.6M | — |
| 股东权益账面价值 | $1.3B | $2.3B |
| 总资产 | $3.9B | $4.1B |
| 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BFAMLOGI
| Q4 25 | $140.1M | $1.8B | ||
| Q3 25 | $116.6M | $1.4B | ||
| Q2 25 | $179.2M | $1.5B | ||
| Q1 25 | $112.0M | $1.5B | ||
| Q4 24 | $110.3M | $1.5B | ||
| Q3 24 | $109.9M | $1.4B | ||
| Q2 24 | $140.2M | $1.5B | ||
| Q1 24 | $63.7M | $1.5B |
总债务BFAMLOGI
| 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BFAMLOGI
| Q4 25 | $1.3B | $2.3B | ||
| Q3 25 | $1.4B | $2.1B | ||
| Q2 25 | $1.4B | $2.2B | ||
| Q1 25 | $1.3B | $2.1B | ||
| Q4 24 | $1.3B | $2.1B | ||
| Q3 24 | $1.4B | $2.1B | ||
| Q2 24 | $1.3B | $2.2B | ||
| Q1 24 | $1.2B | $2.2B |
总资产BFAMLOGI
| Q4 25 | $3.9B | $4.1B | ||
| Q3 25 | $3.9B | $3.7B | ||
| Q2 25 | $3.9B | $3.7B | ||
| Q1 25 | $3.8B | $3.5B | ||
| Q4 24 | $3.9B | $3.7B | ||
| Q3 24 | $3.9B | $3.6B | ||
| Q2 24 | $3.8B | $3.7B | ||
| Q1 24 | $3.8B | $3.6B |
负债/权益比BFAMLOGI
| 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 | $480.5M |
| 自由现金流经营现金流 - 资本支出 | $258.5M | $465.6M |
| 自由现金流率自由现金流/营收 | 35.2% | 32.8% |
| 资本支出强度资本支出/营收 | 12.6% | 1.0% |
| 现金转化率经营现金流/净利润 | — | 1.91× |
| 过去12个月自由现金流最近4个季度 | $402.4M | $903.6M |
8季度趋势，按日历期对齐
经营现金流BFAMLOGI
| Q4 25 | $350.7M | $480.5M | ||
| Q3 25 | $-17.6M | $228.8M | ||
| Q2 25 | $134.2M | $125.0M | ||
| Q1 25 | $86.2M | $129.7M | ||
| Q4 24 | $337.5M | $370.9M | ||
| Q3 24 | $-8.9M | $166.0M | ||
| Q2 24 | $109.4M | $176.0M | ||
| Q1 24 | $116.3M | $239.1M |
自由现金流BFAMLOGI
| Q4 25 | $258.5M | $465.6M | ||
| Q3 25 | $-42.4M | $212.3M | ||
| Q2 25 | $115.4M | $108.8M | ||
| Q1 25 | $70.9M | $116.9M | ||
| Q4 24 | $240.2M | $356.6M | ||
| Q3 24 | $-32.2M | $151.5M | ||
| Q2 24 | $86.8M | $161.4M | ||
| Q1 24 | $96.9M | $228.8M |
自由现金流率BFAMLOGI
| Q4 25 | 35.2% | 32.8% | ||
| Q3 25 | -5.3% | 17.9% | ||
| Q2 25 | 15.8% | 9.5% | ||
| Q1 25 | 10.7% | 11.6% | ||
| Q4 24 | 35.6% | 26.6% | ||
| Q3 24 | -4.5% | 13.6% | ||
| Q2 24 | 13.0% | 14.8% | ||
| Q1 24 | 15.6% | 22.6% |
资本支出强度BFAMLOGI
| Q4 25 | 12.6% | 1.0% | ||
| Q3 25 | 3.1% | 1.4% | ||
| Q2 25 | 2.6% | 1.4% | ||
| Q1 25 | 2.3% | 1.3% | ||
| Q4 24 | 14.4% | 1.1% | ||
| Q3 24 | 3.2% | 1.3% | ||
| Q2 24 | 3.4% | 1.3% | ||
| Q1 24 | 3.1% | 1.0% |
现金转化率BFAMLOGI
| Q4 25 | — | 1.91× | ||
| Q3 25 | -0.22× | 1.34× | ||
| Q2 25 | 2.45× | 0.86× | ||
| Q1 25 | 2.26× | 0.90× | ||
| Q4 24 | — | 1.85× | ||
| Q3 24 | -0.16× | 1.14× | ||
| Q2 24 | 2.79× | 1.24× | ||
| Q1 24 | 6.85× | 1.43× |
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
LOGI
| Retail Gaming | $482.7M | 34% |
| Retail Keyboards Desktops | $254.6M | 18% |
| Retail Pointing Devices | $241.2M | 17% |
| Retail Video Collaboration | $193.3M | 14% |
| Retail Tablet And Other Accessories | $93.6M | 7% |
| Retail Webcams | $82.3M | 6% |
| Retail Headsets | $45.9M | 3% |
| Other Retail Products | $28.0M | 2% |
