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BRIGHT HORIZONS FAMILY SOLUTIONS INC.（BFAM）与美森（MATX）财务数据对比。点击上方公司名可切换其他公司
美森的季度营收约是BRIGHT HORIZONS FAMILY SOLUTIONS INC.的1.2倍（$851.9M vs $733.7M），BRIGHT HORIZONS FAMILY SOLUTIONS INC.同比增速更快（8.8% vs -4.3%），BRIGHT HORIZONS FAMILY SOLUTIONS INC.自由现金流更多（$258.5M vs $42.2M），过去两年美森的营收复合增速更高（8.6% 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。
美森公司（Matson, Inc.）是美国知名航运服务企业，总部位于夏威夷州火奴鲁鲁，成立于1882年。旗下子公司美森航运主营跨太平洋海运业务，服务覆盖夏威夷、阿拉斯加、关岛、密克罗尼西亚、太平洋诸岛、中国及日本等地区。
BFAM vs MATX — 直观对比
营收规模更大
MATX
是对方的1.2倍
$733.7M
营收增速更快
BFAM
高出13.1%
-4.3%
自由现金流更多
BFAM
多$216.3M
$42.2M
两年增速更快
MATX
近两年复合增速
8.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $733.7M | $851.9M |
| 净利润 | — | $143.1M |
| 毛利率 | 19.3% | — |
| 营业利润率 | 6.2% | 16.9% |
| 净利率 | — | 16.8% |
| 营收同比 | 8.8% | -4.3% |
| 净利润同比 | — | 11.8% |
| 每股收益（稀释后） | $0.38 | $4.47 |
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BFAMMATX
| Q4 25 | $733.7M | $851.9M | ||
| Q3 25 | $802.8M | $880.1M | ||
| Q2 25 | $731.6M | $830.5M | ||
| Q1 25 | $665.5M | $782.0M | ||
| Q4 24 | $674.1M | $890.3M | ||
| Q3 24 | $719.1M | $962.0M | ||
| Q2 24 | $670.1M | $847.4M | ||
| Q1 24 | $622.7M | $722.1M |
净利润BFAMMATX
| Q4 25 | — | $143.1M | ||
| Q3 25 | $78.6M | $134.7M | ||
| Q2 25 | $54.8M | $94.7M | ||
| Q1 25 | $38.0M | $72.3M | ||
| Q4 24 | — | $128.0M | ||
| Q3 24 | $54.9M | $199.1M | ||
| Q2 24 | $39.2M | $113.2M | ||
| Q1 24 | $17.0M | $36.1M |
毛利率BFAMMATX
| 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BFAMMATX
| Q4 25 | 6.2% | 16.9% | ||
| Q3 25 | 15.1% | 18.3% | ||
| Q2 25 | 11.8% | 13.6% | ||
| Q1 25 | 9.4% | 10.5% | ||
| Q4 24 | 7.2% | 16.6% | ||
| Q3 24 | 12.4% | 25.2% | ||
| Q2 24 | 10.3% | 14.7% | ||
| Q1 24 | 6.4% | 5.1% |
净利率BFAMMATX
| Q4 25 | — | 16.8% | ||
| Q3 25 | 9.8% | 15.3% | ||
| Q2 25 | 7.5% | 11.4% | ||
| Q1 25 | 5.7% | 9.2% | ||
| Q4 24 | — | 14.4% | ||
| Q3 24 | 7.6% | 20.7% | ||
| Q2 24 | 5.8% | 13.4% | ||
| Q1 24 | 2.7% | 5.0% |
每股收益（稀释后）BFAMMATX
| Q4 25 | $0.38 | $4.47 | ||
| Q3 25 | $1.37 | $4.24 | ||
| Q2 25 | $0.95 | $2.92 | ||
| Q1 25 | $0.66 | $2.18 | ||
| Q4 24 | $0.50 | $3.69 | ||
| Q3 24 | $0.94 | $5.89 | ||
| Q2 24 | $0.67 | $3.31 | ||
| Q1 24 | $0.29 | $1.04 |
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 | $141.9M |
| 总债务越低越好 | $747.6M | $361.2M |
| 股东权益账面价值 | $1.3B | $2.8B |
| 总资产 | $3.9B | $4.6B |
| 负债/权益比越低杠杆越低 | 0.56× | 0.13× |
8季度趋势，按日历期对齐
现金及短期投资BFAMMATX
| Q4 25 | $140.1M | $141.9M | ||
| Q3 25 | $116.6M | $92.7M | ||
| Q2 25 | $179.2M | $59.1M | ||
| Q1 25 | $112.0M | $122.0M | ||
| Q4 24 | $110.3M | $266.8M | ||
| Q3 24 | $109.9M | $270.3M | ||
| Q2 24 | $140.2M | $168.2M | ||
| Q1 24 | $63.7M | $25.9M |
总债务BFAMMATX
| Q4 25 | $747.6M | $361.2M | ||
| Q3 25 | $747.5M | $370.9M | ||
| Q2 25 | $797.0M | $341.3M | ||
| Q1 25 | $872.7M | $351.1M | ||
| Q4 24 | $918.4M | $361.2M | ||
| Q3 24 | $925.7M | $370.9M | ||
| Q2 24 | $931.9M | $381.0M | ||
| Q1 24 | $938.1M | $390.8M |
股东权益BFAMMATX
| Q4 25 | $1.3B | $2.8B | ||
| Q3 25 | $1.4B | $2.7B | ||
| Q2 25 | $1.4B | $2.6B | ||
| Q1 25 | $1.3B | $2.6B | ||
| Q4 24 | $1.3B | $2.7B | ||
| Q3 24 | $1.4B | $2.6B | ||
| Q2 24 | $1.3B | $2.4B | ||
| Q1 24 | $1.2B | $2.4B |
总资产BFAMMATX
| Q4 25 | $3.9B | $4.6B | ||
| Q3 25 | $3.9B | $4.6B | ||
| Q2 25 | $3.9B | $4.5B | ||
| Q1 25 | $3.8B | $4.5B | ||
| Q4 24 | $3.9B | $4.6B | ||
| Q3 24 | $3.9B | $4.4B | ||
| Q2 24 | $3.8B | $4.3B | ||
| Q1 24 | $3.8B | $4.2B |
负债/权益比BFAMMATX
| Q4 25 | 0.56× | 0.13× | ||
| Q3 25 | 0.52× | 0.14× | ||
| Q2 25 | 0.57× | 0.13× | ||
| Q1 25 | 0.66× | 0.13× | ||
| Q4 24 | 0.72× | 0.14× | ||
| Q3 24 | 0.66× | 0.15× | ||
| Q2 24 | 0.73× | 0.16× | ||
| Q1 24 | 0.76× | 0.16× |
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 | $176.9M |
| 自由现金流经营现金流 - 资本支出 | $258.5M | $42.2M |
| 自由现金流率自由现金流/营收 | 35.2% | 5.0% |
| 资本支出强度资本支出/营收 | 12.6% | 15.8% |
| 现金转化率经营现金流/净利润 | — | 1.24× |
| 过去12个月自由现金流最近4个季度 | $402.4M | $153.7M |
8季度趋势，按日历期对齐
经营现金流BFAMMATX
| Q4 25 | $350.7M | $176.9M | ||
| Q3 25 | $-17.6M | $175.6M | ||
| Q2 25 | $134.2M | $105.6M | ||
| Q1 25 | $86.2M | $89.0M | ||
| Q4 24 | $337.5M | $174.7M | ||
| Q3 24 | $-8.9M | $248.6M | ||
| Q2 24 | $109.4M | $307.9M | ||
| Q1 24 | $116.3M | $36.6M |
自由现金流BFAMMATX
| Q4 25 | $258.5M | $42.2M | ||
| Q3 25 | $-42.4M | $92.4M | ||
| Q2 25 | $115.4M | $19.3M | ||
| Q1 25 | $70.9M | $-200.0K | ||
| Q4 24 | $240.2M | $49.3M | ||
| Q3 24 | $-32.2M | $189.0M | ||
| Q2 24 | $86.8M | $238.1M | ||
| Q1 24 | $96.9M | $-18.7M |
自由现金流率BFAMMATX
| Q4 25 | 35.2% | 5.0% | ||
| Q3 25 | -5.3% | 10.5% | ||
| Q2 25 | 15.8% | 2.3% | ||
| Q1 25 | 10.7% | -0.0% | ||
| Q4 24 | 35.6% | 5.5% | ||
| Q3 24 | -4.5% | 19.6% | ||
| Q2 24 | 13.0% | 28.1% | ||
| Q1 24 | 15.6% | -2.6% |
资本支出强度BFAMMATX
| Q4 25 | 12.6% | 15.8% | ||
| Q3 25 | 3.1% | 9.5% | ||
| Q2 25 | 2.6% | 10.4% | ||
| Q1 25 | 2.3% | 11.4% | ||
| Q4 24 | 14.4% | 14.1% | ||
| Q3 24 | 3.2% | 6.2% | ||
| Q2 24 | 3.4% | 8.2% | ||
| Q1 24 | 3.1% | 7.7% |
现金转化率BFAMMATX
| Q4 25 | — | 1.24× | ||
| Q3 25 | -0.22× | 1.30× | ||
| Q2 25 | 2.45× | 1.12× | ||
| Q1 25 | 2.26× | 1.23× | ||
| Q4 24 | — | 1.36× | ||
| Q3 24 | -0.16× | 1.25× | ||
| Q2 24 | 2.79× | 2.72× | ||
| Q1 24 | 6.85× | 1.01× |
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
MATX
| Ocean Transportation Segment | $704.2M | 83% |
| Logistics Services Segment | $147.7M | 17% |
