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BRIGHT HORIZONS FAMILY SOLUTIONS INC.（BFAM）与Royalty Pharma plc（RPRX）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Royalty Pharma plc的1.2倍（$733.7M vs $622.0M），BRIGHT HORIZONS FAMILY SOLUTIONS INC.同比增速更快（8.8% vs 4.8%），过去两年BRIGHT HORIZONS FAMILY SOLUTIONS INC.的营收复合增速更高（8.5% vs 4.6%）
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。
本公司是总部位于美国马萨诸塞州剑桥市的临床阶段生物制药企业，专注于研发可调节转化生长因子β（TGF-β）超家族蛋白的药物，该类蛋白在红细胞、肌肉、骨骼、血管等细胞与组织的生长修复过程中发挥核心作用。
BFAM vs RPRX — 直观对比
营收规模更大
BFAM
是对方的1.2倍
$622.0M
营收增速更快
BFAM
高出4.1%
4.8%
两年增速更快
BFAM
近两年复合增速
4.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $733.7M | $622.0M |
| 净利润 | — | $214.2M |
| 毛利率 | 19.3% | — |
| 营业利润率 | 6.2% | 62.4% |
| 净利率 | — | 34.4% |
| 营收同比 | 8.8% | 4.8% |
| 净利润同比 | — | 2.9% |
| 每股收益（稀释后） | $0.38 | $0.49 |
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BFAMRPRX
| Q4 25 | $733.7M | $622.0M | ||
| Q3 25 | $802.8M | $609.3M | ||
| Q2 25 | $731.6M | $578.7M | ||
| Q1 25 | $665.5M | $568.2M | ||
| Q4 24 | $674.1M | $593.6M | ||
| Q3 24 | $719.1M | $564.7M | ||
| Q2 24 | $670.1M | $537.3M | ||
| Q1 24 | $622.7M | $568.0M |
净利润BFAMRPRX
| Q4 25 | — | $214.2M | ||
| Q3 25 | $78.6M | $288.2M | ||
| Q2 25 | $54.8M | $30.2M | ||
| Q1 25 | $38.0M | $238.3M | ||
| Q4 24 | — | $208.2M | ||
| Q3 24 | $54.9M | $544.0M | ||
| Q2 24 | $39.2M | $102.0M | ||
| Q1 24 | $17.0M | $4.8M |
毛利率BFAMRPRX
| 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BFAMRPRX
| Q4 25 | 6.2% | 62.4% | ||
| Q3 25 | 15.1% | 70.1% | ||
| Q2 25 | 11.8% | 36.3% | ||
| Q1 25 | 9.4% | 94.0% | ||
| Q4 24 | 7.2% | 60.9% | ||
| Q3 24 | 12.4% | — | ||
| Q2 24 | 10.3% | 50.2% | ||
| Q1 24 | 6.4% | -13.0% |
净利率BFAMRPRX
| Q4 25 | — | 34.4% | ||
| Q3 25 | 9.8% | 47.3% | ||
| Q2 25 | 7.5% | 5.2% | ||
| Q1 25 | 5.7% | 41.9% | ||
| Q4 24 | — | 35.1% | ||
| Q3 24 | 7.6% | 96.3% | ||
| Q2 24 | 5.8% | 19.0% | ||
| Q1 24 | 2.7% | 0.8% |
每股收益（稀释后）BFAMRPRX
| Q4 25 | $0.38 | $0.49 | ||
| Q3 25 | $1.37 | $0.67 | ||
| Q2 25 | $0.95 | $0.07 | ||
| Q1 25 | $0.66 | $0.55 | ||
| Q4 24 | $0.50 | $0.46 | ||
| Q3 24 | $0.94 | $1.21 | ||
| Q2 24 | $0.67 | $0.23 | ||
| Q1 24 | $0.29 | $0.01 |
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 | $618.7M |
| 总债务越低越好 | $747.6M | $9.0B |
| 股东权益账面价值 | $1.3B | $9.7B |
| 总资产 | $3.9B | $19.6B |
| 负债/权益比越低杠杆越低 | 0.56× | 0.92× |
8季度趋势，按日历期对齐
现金及短期投资BFAMRPRX
| Q4 25 | $140.1M | $618.7M | ||
| Q3 25 | $116.6M | $938.9M | ||
| Q2 25 | $179.2M | $631.9M | ||
| Q1 25 | $112.0M | $1.1B | ||
| Q4 24 | $110.3M | $929.0M | ||
| Q3 24 | $109.9M | $950.1M | ||
| Q2 24 | $140.2M | $1.8B | ||
| Q1 24 | $63.7M | $843.0M |
总债务BFAMRPRX
| Q4 25 | $747.6M | $9.0B | ||
| Q3 25 | $747.5M | $8.9B | ||
| Q2 25 | $797.0M | $8.0B | ||
| Q1 25 | $872.7M | $7.6B | ||
| Q4 24 | $918.4M | $7.6B | ||
| Q3 24 | $925.7M | $7.6B | ||
| Q2 24 | $931.9M | $7.6B | ||
| Q1 24 | $938.1M | $6.1B |
股东权益BFAMRPRX
| Q4 25 | $1.3B | $9.7B | ||
| Q3 25 | $1.4B | $9.6B | ||
| Q2 25 | $1.4B | $9.5B | ||
| Q1 25 | $1.3B | $9.8B | ||
| Q4 24 | $1.3B | $10.3B | ||
| Q3 24 | $1.4B | $10.3B | ||
| Q2 24 | $1.3B | $9.8B | ||
| Q1 24 | $1.2B | $9.9B |
总资产BFAMRPRX
| Q4 25 | $3.9B | $19.6B | ||
| Q3 25 | $3.9B | $19.3B | ||
| Q2 25 | $3.9B | $18.3B | ||
| Q1 25 | $3.8B | $17.6B | ||
| Q4 24 | $3.9B | $18.2B | ||
| Q3 24 | $3.9B | $18.0B | ||
| Q2 24 | $3.8B | $17.7B | ||
| Q1 24 | $3.8B | $16.1B |
负债/权益比BFAMRPRX
| Q4 25 | 0.56× | 0.92× | ||
| Q3 25 | 0.52× | 0.93× | ||
| Q2 25 | 0.57× | 0.84× | ||
| Q1 25 | 0.66× | 0.78× | ||
| Q4 24 | 0.72× | 0.74× | ||
| Q3 24 | 0.66× | 0.74× | ||
| Q2 24 | 0.73× | 0.78× | ||
| Q1 24 | 0.76× | 0.62× |
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 | $827.1M |
| 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 | — | 3.86× |
| 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BFAMRPRX
| Q4 25 | $350.7M | $827.1M | ||
| Q3 25 | $-17.6M | $702.6M | ||
| Q2 25 | $134.2M | $364.0M | ||
| Q1 25 | $86.2M | $596.1M | ||
| Q4 24 | $337.5M | $742.5M | ||
| Q3 24 | $-8.9M | $703.6M | ||
| Q2 24 | $109.4M | $658.2M | ||
| Q1 24 | $116.3M | $664.6M |
自由现金流BFAMRPRX
| Q4 25 | $258.5M | — | ||
| Q3 25 | $-42.4M | — | ||
| Q2 25 | $115.4M | — | ||
| Q1 25 | $70.9M | — | ||
| Q4 24 | $240.2M | — | ||
| Q3 24 | $-32.2M | — | ||
| Q2 24 | $86.8M | — | ||
| Q1 24 | $96.9M | — |
自由现金流率BFAMRPRX
| Q4 25 | 35.2% | — | ||
| Q3 25 | -5.3% | — | ||
| Q2 25 | 15.8% | — | ||
| Q1 25 | 10.7% | — | ||
| Q4 24 | 35.6% | — | ||
| Q3 24 | -4.5% | — | ||
| Q2 24 | 13.0% | — | ||
| Q1 24 | 15.6% | — |
资本支出强度BFAMRPRX
| Q4 25 | 12.6% | — | ||
| Q3 25 | 3.1% | — | ||
| Q2 25 | 2.6% | — | ||
| Q1 25 | 2.3% | — | ||
| Q4 24 | 14.4% | — | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | 3.4% | — | ||
| Q1 24 | 3.1% | — |
现金转化率BFAMRPRX
| Q4 25 | — | 3.86× | ||
| Q3 25 | -0.22× | 2.44× | ||
| Q2 25 | 2.45× | 12.06× | ||
| Q1 25 | 2.26× | 2.50× | ||
| Q4 24 | — | 3.57× | ||
| Q3 24 | -0.16× | 1.29× | ||
| Q2 24 | 2.79× | 6.45× | ||
| Q1 24 | 6.85× | 139.10× |
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
RPRX
| Financial Royalty Assets | $592.4M | 95% |
| Royalty Income Other | $29.6M | 5% |
