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BRIGHT HORIZONS FAMILY SOLUTIONS INC.（BFAM）与SUN COMMUNITIES INC（SUI）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SUN COMMUNITIES INC的1.1倍（$733.7M vs $697.2M），BRIGHT HORIZONS FAMILY SOLUTIONS INC.同比增速更快（8.8% vs -25.8%），过去两年BRIGHT HORIZONS FAMILY SOLUTIONS INC.的营收复合增速更高（8.5% vs -2.1%）
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。
Sun Communities是一家上市房地产投资信托基金，核心投资品类为预制住宅社区及房车营地物业。截至2025年6月2日，该公司在美国、加拿大、英国三地合计持有500处相关资产的权益，专注于居住及休闲类不动产投资领域。
BFAM vs SUI — 直观对比
营收规模更大
BFAM
是对方的1.1倍
$697.2M
营收增速更快
BFAM
高出34.7%
-25.8%
两年增速更快
BFAM
近两年复合增速
-2.1%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $733.7M | $697.2M |
| 净利润 | — | $12.1M |
| 毛利率 | 19.3% | — |
| 营业利润率 | 6.2% | — |
| 净利率 | — | 1.7% |
| 营收同比 | 8.8% | -25.8% |
| 净利润同比 | — | -96.0% |
| 每股收益（稀释后） | $0.38 | $0.07 |
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BFAMSUI
| Q4 25 | $733.7M | — | ||
| Q3 25 | $802.8M | $697.2M | ||
| Q2 25 | $731.6M | $623.5M | ||
| Q1 25 | $665.5M | $470.2M | ||
| Q4 24 | $674.1M | $745.9M | ||
| Q3 24 | $719.1M | $939.9M | ||
| Q2 24 | $670.1M | $864.0M | ||
| Q1 24 | $622.7M | $671.3M |
净利润BFAMSUI
| Q4 25 | — | — | ||
| Q3 25 | $78.6M | $12.1M | ||
| Q2 25 | $54.8M | $1.3B | ||
| Q1 25 | $38.0M | $-41.2M | ||
| Q4 24 | — | $-228.4M | ||
| Q3 24 | $54.9M | $300.5M | ||
| Q2 24 | $39.2M | $56.7M | ||
| Q1 24 | $17.0M | $-25.2M |
毛利率BFAMSUI
| 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BFAMSUI
| Q4 25 | 6.2% | — | ||
| Q3 25 | 15.1% | — | ||
| Q2 25 | 11.8% | — | ||
| Q1 25 | 9.4% | — | ||
| Q4 24 | 7.2% | — | ||
| Q3 24 | 12.4% | — | ||
| Q2 24 | 10.3% | — | ||
| Q1 24 | 6.4% | — |
净利率BFAMSUI
| Q4 25 | — | — | ||
| Q3 25 | 9.8% | 1.7% | ||
| Q2 25 | 7.5% | 210.8% | ||
| Q1 25 | 5.7% | -8.8% | ||
| Q4 24 | — | -30.6% | ||
| Q3 24 | 7.6% | 32.0% | ||
| Q2 24 | 5.8% | 6.6% | ||
| Q1 24 | 2.7% | -3.8% |
每股收益（稀释后）BFAMSUI
| Q4 25 | $0.38 | — | ||
| Q3 25 | $1.37 | $0.07 | ||
| Q2 25 | $0.95 | $10.02 | ||
| Q1 25 | $0.66 | $-0.34 | ||
| Q4 24 | $0.50 | $-1.80 | ||
| Q3 24 | $0.94 | $2.31 | ||
| Q2 24 | $0.67 | $0.42 | ||
| Q1 24 | $0.29 | $-0.22 |
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 | $542.7M |
| 总债务越低越好 | $747.6M | — |
| 股东权益账面价值 | $1.3B | $7.0B |
| 总资产 | $3.9B | $12.8B |
| 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BFAMSUI
| Q4 25 | $140.1M | — | ||
| Q3 25 | $116.6M | $542.7M | ||
| Q2 25 | $179.2M | $889.7M | ||
| Q1 25 | $112.0M | — | ||
| Q4 24 | $110.3M | $47.4M | ||
| Q3 24 | $109.9M | — | ||
| Q2 24 | $140.2M | — | ||
| Q1 24 | $63.7M | — |
总债务BFAMSUI
| Q4 25 | $747.6M | — | ||
| Q3 25 | $747.5M | — | ||
| Q2 25 | $797.0M | — | ||
| Q1 25 | $872.7M | — | ||
| Q4 24 | $918.4M | $7.4B | ||
| Q3 24 | $925.7M | — | ||
| Q2 24 | $931.9M | — | ||
| Q1 24 | $938.1M | — |
股东权益BFAMSUI
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.4B | $7.0B | ||
| Q2 25 | $1.4B | $7.4B | ||
| Q1 25 | $1.3B | $6.9B | ||
| Q4 24 | $1.3B | $7.1B | ||
| Q3 24 | $1.4B | $7.5B | ||
| Q2 24 | $1.3B | $6.9B | ||
| Q1 24 | $1.2B | $6.9B |
总资产BFAMSUI
| Q4 25 | $3.9B | — | ||
| Q3 25 | $3.9B | $12.8B | ||
| Q2 25 | $3.9B | $13.4B | ||
| Q1 25 | $3.8B | $16.5B | ||
| Q4 24 | $3.9B | $16.5B | ||
| Q3 24 | $3.9B | $17.1B | ||
| Q2 24 | $3.8B | $17.0B | ||
| Q1 24 | $3.8B | $17.1B |
负债/权益比BFAMSUI
| Q4 25 | 0.56× | — | ||
| Q3 25 | 0.52× | — | ||
| Q2 25 | 0.57× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.72× | 1.04× | ||
| 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 | $197.8M |
| 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 | — | 16.35× |
| 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BFAMSUI
| Q4 25 | $350.7M | — | ||
| Q3 25 | $-17.6M | $197.8M | ||
| Q2 25 | $134.2M | $256.0M | ||
| Q1 25 | $86.2M | $243.9M | ||
| Q4 24 | $337.5M | $118.0M | ||
| Q3 24 | $-8.9M | $189.2M | ||
| Q2 24 | $109.4M | $311.3M | ||
| Q1 24 | $116.3M | $242.5M |
自由现金流BFAMSUI
| 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BFAMSUI
| 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BFAMSUI
| 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BFAMSUI
| Q4 25 | — | — | ||
| Q3 25 | -0.22× | 16.35× | ||
| Q2 25 | 2.45× | 0.19× | ||
| Q1 25 | 2.26× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.16× | 0.63× | ||
| Q2 24 | 2.79× | 5.49× | ||
| Q1 24 | 6.85× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
