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BRIGHT HORIZONS FAMILY SOLUTIONS INC.（BFAM）与森萨塔科技（ST）财务数据对比。点击上方公司名可切换其他公司
森萨塔科技的季度营收约是BRIGHT HORIZONS FAMILY SOLUTIONS INC.的1.3倍（$934.8M vs $733.7M），BRIGHT HORIZONS FAMILY SOLUTIONS INC.同比增速更快（8.8% vs 2.6%），BRIGHT HORIZONS FAMILY SOLUTIONS INC.自由现金流更多（$258.5M vs $104.6M），过去两年BRIGHT HORIZONS FAMILY SOLUTIONS INC.的营收复合增速更高（8.5% vs -5.0%）
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。
森萨塔科技控股有限公司是全球领先的工业科技企业，主营传感器、电气保护及控制解决方案的研发、生产与销售，产品覆盖汽车、工业、航空航天、暖通空调、电信等多个下游领域，服务全球制造类企业客户。
BFAM vs ST — 直观对比
营收规模更大
ST
是对方的1.3倍
$733.7M
营收增速更快
BFAM
高出6.3%
2.6%
自由现金流更多
BFAM
多$153.9M
$104.6M
两年增速更快
BFAM
近两年复合增速
-5.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $733.7M | $934.8M |
| 净利润 | — | $87.1M |
| 毛利率 | 19.3% | 30.6% |
| 营业利润率 | 6.2% | 15.1% |
| 净利率 | — | 9.3% |
| 营收同比 | 8.8% | 2.6% |
| 净利润同比 | — | 24.6% |
| 每股收益（稀释后） | $0.38 | $0.59 |
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BFAMST
| Q1 26 | — | $934.8M | ||
| Q4 25 | $733.7M | $917.9M | ||
| Q3 25 | $802.8M | $932.0M | ||
| Q2 25 | $731.6M | $943.4M | ||
| Q1 25 | $665.5M | $911.3M | ||
| Q4 24 | $674.1M | $907.7M | ||
| Q3 24 | $719.1M | $982.8M | ||
| Q2 24 | $670.1M | $1.0B |
净利润BFAMST
| Q1 26 | — | $87.1M | ||
| Q4 25 | — | $63.2M | ||
| Q3 25 | $78.6M | $-162.5M | ||
| Q2 25 | $54.8M | $60.7M | ||
| Q1 25 | $38.0M | $69.9M | ||
| Q4 24 | — | $5.8M | ||
| Q3 24 | $54.9M | $-25.0M | ||
| Q2 24 | $39.2M | $71.7M |
毛利率BFAMST
| Q1 26 | — | 30.6% | ||
| Q4 25 | 19.3% | 29.0% | ||
| Q3 25 | 27.0% | 27.8% | ||
| Q2 25 | 25.0% | 30.3% | ||
| Q1 25 | 23.4% | 29.9% | ||
| Q4 24 | 20.8% | 27.1% | ||
| Q3 24 | 25.2% | 28.6% | ||
| Q2 24 | 24.2% | 30.0% |
营业利润率BFAMST
| Q1 26 | — | 15.1% | ||
| Q4 25 | 6.2% | 10.9% | ||
| Q3 25 | 15.1% | -13.2% | ||
| Q2 25 | 11.8% | 14.6% | ||
| Q1 25 | 9.4% | 13.4% | ||
| Q4 24 | 7.2% | 8.1% | ||
| Q3 24 | 12.4% | -20.3% | ||
| Q2 24 | 10.3% | 12.5% |
净利率BFAMST
| Q1 26 | — | 9.3% | ||
| Q4 25 | — | 6.9% | ||
| Q3 25 | 9.8% | -17.4% | ||
| Q2 25 | 7.5% | 6.4% | ||
| Q1 25 | 5.7% | 7.7% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | 7.6% | -2.5% | ||
| Q2 24 | 5.8% | 6.9% |
每股收益（稀释后）BFAMST
| Q1 26 | — | $0.59 | ||
| Q4 25 | $0.38 | $0.45 | ||
| Q3 25 | $1.37 | $-1.12 | ||
| Q2 25 | $0.95 | $0.41 | ||
| Q1 25 | $0.66 | $0.47 | ||
| Q4 24 | $0.50 | $0.05 | ||
| Q3 24 | $0.94 | $-0.17 | ||
| Q2 24 | $0.67 | $0.47 |
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 | $635.1M |
| 总债务越低越好 | $747.6M | — |
| 股东权益账面价值 | $1.3B | $2.9B |
| 总资产 | $3.9B | $6.8B |
| 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BFAMST
| Q1 26 | — | $635.1M | ||
| Q4 25 | $140.1M | $573.0M | ||
| Q3 25 | $116.6M | $791.3M | ||
| Q2 25 | $179.2M | $661.8M | ||
| Q1 25 | $112.0M | $588.1M | ||
| Q4 24 | $110.3M | $593.7M | ||
| Q3 24 | $109.9M | $506.2M | ||
| Q2 24 | $140.2M | $1.0B |
总债务BFAMST
| Q1 26 | — | — | ||
| Q4 25 | $747.6M | $2.8B | ||
| Q3 25 | $747.5M | — | ||
| Q2 25 | $797.0M | — | ||
| Q1 25 | $872.7M | — | ||
| Q4 24 | $918.4M | $3.2B | ||
| Q3 24 | $925.7M | — | ||
| Q2 24 | $931.9M | — |
股东权益BFAMST
| Q1 26 | — | $2.9B | ||
| Q4 25 | $1.3B | $2.8B | ||
| Q3 25 | $1.4B | $2.7B | ||
| Q2 25 | $1.4B | $2.9B | ||
| Q1 25 | $1.3B | $2.8B | ||
| Q4 24 | $1.3B | $2.9B | ||
| Q3 24 | $1.4B | $3.0B | ||
| Q2 24 | $1.3B | $3.0B |
总资产BFAMST
| Q1 26 | — | $6.8B | ||
| Q4 25 | $3.9B | $6.8B | ||
| Q3 25 | $3.9B | $7.1B | ||
| Q2 25 | $3.9B | $7.3B | ||
| Q1 25 | $3.8B | $7.2B | ||
| Q4 24 | $3.9B | $7.1B | ||
| Q3 24 | $3.9B | $7.3B | ||
| Q2 24 | $3.8B | $8.2B |
负债/权益比BFAMST
| Q1 26 | — | — | ||
| Q4 25 | 0.56× | 1.02× | ||
| Q3 25 | 0.52× | — | ||
| Q2 25 | 0.57× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.72× | 1.11× | ||
| Q3 24 | 0.66× | — | ||
| Q2 24 | 0.73× | — |
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 | $122.5M |
| 自由现金流经营现金流 - 资本支出 | $258.5M | $104.6M |
| 自由现金流率自由现金流/营收 | 35.2% | 11.2% |
| 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 | — | 1.41× |
| 过去12个月自由现金流最近4个季度 | $402.4M | $508.3M |
8季度趋势，按日历期对齐
经营现金流BFAMST
| Q1 26 | — | $122.5M | ||
| Q4 25 | $350.7M | $201.5M | ||
| Q3 25 | $-17.6M | $159.9M | ||
| Q2 25 | $134.2M | $140.9M | ||
| Q1 25 | $86.2M | $119.2M | ||
| Q4 24 | $337.5M | $170.7M | ||
| Q3 24 | $-8.9M | $130.9M | ||
| Q2 24 | $109.4M | $143.5M |
自由现金流BFAMST
| Q1 26 | — | $104.6M | ||
| Q4 25 | $258.5M | $151.9M | ||
| Q3 25 | $-42.4M | $136.2M | ||
| Q2 25 | $115.4M | $115.5M | ||
| Q1 25 | $70.9M | $86.6M | ||
| Q4 24 | $240.2M | $138.9M | ||
| Q3 24 | $-32.2M | $91.3M | ||
| Q2 24 | $86.8M | $98.4M |
自由现金流率BFAMST
| Q1 26 | — | 11.2% | ||
| Q4 25 | 35.2% | 16.6% | ||
| Q3 25 | -5.3% | 14.6% | ||
| Q2 25 | 15.8% | 12.2% | ||
| Q1 25 | 10.7% | 9.5% | ||
| Q4 24 | 35.6% | 15.3% | ||
| Q3 24 | -4.5% | 9.3% | ||
| Q2 24 | 13.0% | 9.5% |
资本支出强度BFAMST
| Q1 26 | — | — | ||
| Q4 25 | 12.6% | 5.4% | ||
| Q3 25 | 3.1% | 2.5% | ||
| Q2 25 | 2.6% | 2.7% | ||
| Q1 25 | 2.3% | 3.6% | ||
| Q4 24 | 14.4% | 3.5% | ||
| Q3 24 | 3.2% | 4.0% | ||
| Q2 24 | 3.4% | 4.4% |
现金转化率BFAMST
| Q1 26 | — | 1.41× | ||
| Q4 25 | — | 3.19× | ||
| Q3 25 | -0.22× | — | ||
| Q2 25 | 2.45× | 2.32× | ||
| Q1 25 | 2.26× | 1.70× | ||
| Q4 24 | — | 29.50× | ||
| Q3 24 | -0.16× | — | ||
| Q2 24 | 2.79× | 2.00× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
