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BRIGHT HORIZONS FAMILY SOLUTIONS INC.（BFAM）与罗致恒富（RHI）财务数据对比。点击上方公司名可切换其他公司
罗致恒富的季度营收约是BRIGHT HORIZONS FAMILY SOLUTIONS INC.的1.8倍（$1.3B vs $733.7M），BRIGHT HORIZONS FAMILY SOLUTIONS INC.同比增速更快（8.8% vs -5.8%），BRIGHT HORIZONS FAMILY SOLUTIONS INC.自由现金流更多（$258.5M vs $170.8M），过去两年BRIGHT HORIZONS FAMILY SOLUTIONS INC.的营收复合增速更高（8.5% vs -6.1%）
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。
罗致恒富是1948年成立的国际人力资源咨询机构，总部位于加利福尼亚州门洛帕克和圣拉蒙，是全球规模领先的会计与金融领域人才派遣服务商之一，在全球范围内设有超过345个办公点。
BFAM vs RHI — 直观对比
营收规模更大
RHI
是对方的1.8倍
$733.7M
营收增速更快
BFAM
高出14.6%
-5.8%
自由现金流更多
BFAM
多$87.8M
$170.8M
两年增速更快
BFAM
近两年复合增速
-6.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $733.7M | $1.3B |
| 净利润 | — | — |
| 毛利率 | 19.3% | 37.6% |
| 营业利润率 | 6.2% | 1.7% |
| 净利率 | — | — |
| 营收同比 | 8.8% | -5.8% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $0.38 | $0.32 |
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BFAMRHI
| Q4 25 | $733.7M | $1.3B | ||
| Q3 25 | $802.8M | $1.4B | ||
| Q2 25 | $731.6M | $1.4B | ||
| Q1 25 | $665.5M | $1.4B | ||
| Q4 24 | $674.1M | $1.4B | ||
| Q3 24 | $719.1M | $1.5B | ||
| Q2 24 | $670.1M | $1.5B | ||
| Q1 24 | $622.7M | $1.5B |
净利润BFAMRHI
| Q4 25 | — | — | ||
| Q3 25 | $78.6M | $42.9M | ||
| Q2 25 | $54.8M | $41.0M | ||
| Q1 25 | $38.0M | $17.4M | ||
| Q4 24 | — | — | ||
| Q3 24 | $54.9M | $65.5M | ||
| Q2 24 | $39.2M | $68.2M | ||
| Q1 24 | $17.0M | $63.7M |
毛利率BFAMRHI
| Q4 25 | 19.3% | 37.6% | ||
| Q3 25 | 27.0% | 37.2% | ||
| Q2 25 | 25.0% | 37.2% | ||
| Q1 25 | 23.4% | 36.9% | ||
| Q4 24 | 20.8% | 38.8% | ||
| Q3 24 | 25.2% | 39.0% | ||
| Q2 24 | 24.2% | 39.2% | ||
| Q1 24 | 21.7% | 38.1% |
营业利润率BFAMRHI
| Q4 25 | 6.2% | 1.7% | ||
| Q3 25 | 15.1% | 1.0% | ||
| Q2 25 | 11.8% | 0.1% | ||
| Q1 25 | 9.4% | 2.9% | ||
| Q4 24 | 7.2% | 4.7% | ||
| Q3 24 | 12.4% | 4.1% | ||
| Q2 24 | 10.3% | 5.1% | ||
| Q1 24 | 6.4% | 2.8% |
净利率BFAMRHI
| Q4 25 | — | — | ||
| Q3 25 | 9.8% | 3.2% | ||
| Q2 25 | 7.5% | 3.0% | ||
| Q1 25 | 5.7% | 1.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | 7.6% | 4.5% | ||
| Q2 24 | 5.8% | 4.6% | ||
| Q1 24 | 2.7% | 4.3% |
每股收益（稀释后）BFAMRHI
| Q4 25 | $0.38 | $0.32 | ||
| Q3 25 | $1.37 | $0.43 | ||
| Q2 25 | $0.95 | $0.41 | ||
| Q1 25 | $0.66 | $0.17 | ||
| Q4 24 | $0.50 | $0.53 | ||
| Q3 24 | $0.94 | $0.64 | ||
| Q2 24 | $0.67 | $0.66 | ||
| Q1 24 | $0.29 | $0.61 |
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 | $464.4M |
| 总债务越低越好 | $747.6M | — |
| 股东权益账面价值 | $1.3B | $1.3B |
| 总资产 | $3.9B | $2.9B |
| 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BFAMRHI
| Q4 25 | $140.1M | $464.4M | ||
| Q3 25 | $116.6M | $365.3M | ||
| Q2 25 | $179.2M | $380.5M | ||
| Q1 25 | $112.0M | $342.5M | ||
| Q4 24 | $110.3M | $537.6M | ||
| Q3 24 | $109.9M | $570.5M | ||
| Q2 24 | $140.2M | $547.4M | ||
| Q1 24 | $63.7M | $540.9M |
总债务BFAMRHI
| 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BFAMRHI
| Q4 25 | $1.3B | $1.3B | ||
| Q3 25 | $1.4B | $1.3B | ||
| Q2 25 | $1.4B | $1.3B | ||
| Q1 25 | $1.3B | $1.3B | ||
| Q4 24 | $1.3B | $1.4B | ||
| Q3 24 | $1.4B | $1.5B | ||
| Q2 24 | $1.3B | $1.5B | ||
| Q1 24 | $1.2B | $1.5B |
总资产BFAMRHI
| Q4 25 | $3.9B | $2.9B | ||
| Q3 25 | $3.9B | $2.8B | ||
| Q2 25 | $3.9B | $2.8B | ||
| Q1 25 | $3.8B | $2.7B | ||
| Q4 24 | $3.9B | $2.9B | ||
| Q3 24 | $3.9B | $3.0B | ||
| Q2 24 | $3.8B | $2.9B | ||
| Q1 24 | $3.8B | $2.9B |
负债/权益比BFAMRHI
| 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 | $182.5M |
| 自由现金流经营现金流 - 资本支出 | $258.5M | $170.8M |
| 自由现金流率自由现金流/营收 | 35.2% | 13.1% |
| 资本支出强度资本支出/营收 | 12.6% | 0.9% |
| 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 | $266.8M |
8季度趋势，按日历期对齐
经营现金流BFAMRHI
| Q4 25 | $350.7M | $182.5M | ||
| Q3 25 | $-17.6M | $77.4M | ||
| Q2 25 | $134.2M | $119.4M | ||
| Q1 25 | $86.2M | $-59.3M | ||
| Q4 24 | $337.5M | $154.8M | ||
| Q3 24 | $-8.9M | $129.6M | ||
| Q2 24 | $109.4M | $142.0M | ||
| Q1 24 | $116.3M | $-15.9M |
自由现金流BFAMRHI
| Q4 25 | $258.5M | $170.8M | ||
| Q3 25 | $-42.4M | $63.6M | ||
| Q2 25 | $115.4M | $104.2M | ||
| Q1 25 | $70.9M | $-71.7M | ||
| Q4 24 | $240.2M | $140.5M | ||
| Q3 24 | $-32.2M | $111.8M | ||
| Q2 24 | $86.8M | $129.6M | ||
| Q1 24 | $96.9M | $-27.7M |
自由现金流率BFAMRHI
| Q4 25 | 35.2% | 13.1% | ||
| Q3 25 | -5.3% | 4.7% | ||
| Q2 25 | 15.8% | 7.6% | ||
| Q1 25 | 10.7% | -5.3% | ||
| Q4 24 | 35.6% | 10.2% | ||
| Q3 24 | -4.5% | 7.6% | ||
| Q2 24 | 13.0% | 8.8% | ||
| Q1 24 | 15.6% | -1.9% |
资本支出强度BFAMRHI
| Q4 25 | 12.6% | 0.9% | ||
| Q3 25 | 3.1% | 1.0% | ||
| Q2 25 | 2.6% | 1.1% | ||
| Q1 25 | 2.3% | 0.9% | ||
| Q4 24 | 14.4% | 1.0% | ||
| Q3 24 | 3.2% | 1.2% | ||
| Q2 24 | 3.4% | 0.8% | ||
| Q1 24 | 3.1% | 0.8% |
现金转化率BFAMRHI
| Q4 25 | — | — | ||
| Q3 25 | -0.22× | 1.80× | ||
| Q2 25 | 2.45× | 2.91× | ||
| Q1 25 | 2.26× | -3.42× | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.16× | 1.98× | ||
| Q2 24 | 2.79× | 2.08× | ||
| Q1 24 | 6.85× | -0.25× |
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
RHI
| Finance And Accounting | $535.2M | 41% |
| Protiviti | $479.0M | 37% |
| Technology | $156.4M | 12% |
| Permanent Placement Talent Solutions | $102.6M | 8% |
| Other | $29.2M | 2% |
