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Broadridge Financial Solutions（BR）与Surgery Partners, Inc.（SGRY）财务数据对比。点击上方公司名可切换其他公司
Broadridge Financial Solutions的季度营收约是Surgery Partners, Inc.的1.9倍（$1.7B vs $885.0M），Broadridge Financial Solutions净利率更高（16.6% vs -1.7%，领先18.3%），Surgery Partners, Inc.同比增速更快（2.4% vs -5.4%），过去两年Surgery Partners, Inc.的营收复合增速更高（11.1% vs 10.4%）
Broadridge Financial Solutions是2007年从自动数据处理公司（ADP）分拆成立的上市企业服务及金融科技企业，总部位于纽约莱克萨克塞斯，为金融行业客户提供股东委托书、年报等金融单证服务，以及线上年会等股东沟通解决方案。
Surgery Partners, Inc.（NASDAQ代码：SGRY）旗下的United Surgical Partners International（USPI）是美国领先的日间手术护理服务商，总部位于得克萨斯州达拉斯，由唐·斯廷于1998年创立，专注于为患者提供便捷、高效的门诊外科医疗服务，运营多家合规手术中心，覆盖美国多地医疗需求场景。
BR vs SGRY — 直观对比
营收规模更大
BR
是对方的1.9倍
$885.0M
营收增速更快
SGRY
高出7.8%
-5.4%
净利率更高
BR
高出18.3%
-1.7%
两年增速更快
SGRY
近两年复合增速
10.4%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $885.0M |
| 净利润 | $284.6M | $-15.0M |
| 毛利率 | 27.6% | — |
| 营业利润率 | 12.0% | 12.5% |
| 净利率 | 16.6% | -1.7% |
| 营收同比 | -5.4% | 2.4% |
| 净利润同比 | 17.1% | 86.2% |
| 每股收益（稀释后） | $2.42 | $-0.11 |
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BRSGRY
| Q4 25 | $1.7B | $885.0M | ||
| Q3 25 | — | $821.5M | ||
| Q2 25 | $2.1B | $826.2M | ||
| Q1 25 | $1.8B | $776.0M | ||
| Q4 24 | $1.6B | $864.4M | ||
| Q3 24 | $1.4B | $770.4M | ||
| Q2 24 | $1.9B | $762.1M | ||
| Q1 24 | $1.7B | $717.4M |
净利润BRSGRY
| Q4 25 | $284.6M | $-15.0M | ||
| Q3 25 | — | $-22.7M | ||
| Q2 25 | $374.2M | $-2.5M | ||
| Q1 25 | $243.1M | $-37.7M | ||
| Q4 24 | $142.4M | $-108.5M | ||
| Q3 24 | $79.8M | $-31.7M | ||
| Q2 24 | $323.2M | $-15.5M | ||
| Q1 24 | $213.7M | $-12.4M |
毛利率BRSGRY
| Q4 25 | 27.6% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 37.3% | — | ||
| Q1 25 | 31.8% | — | ||
| Q4 24 | 27.9% | — | ||
| Q3 24 | 24.5% | — | ||
| Q2 24 | 35.5% | — | ||
| Q1 24 | 31.2% | — |
营业利润率BRSGRY
| Q4 25 | 12.0% | 12.5% | ||
| Q3 25 | — | 12.9% | ||
| Q2 25 | 24.1% | 13.5% | ||
| Q1 25 | 19.0% | 8.0% | ||
| Q4 24 | 13.3% | 14.7% | ||
| Q3 24 | 9.4% | 7.9% | ||
| Q2 24 | 22.7% | 11.1% | ||
| Q1 24 | 17.5% | 10.6% |
净利率BRSGRY
| Q4 25 | 16.6% | -1.7% | ||
| Q3 25 | — | -2.8% | ||
| Q2 25 | 18.1% | -0.3% | ||
| Q1 25 | 13.4% | -4.9% | ||
| Q4 24 | 9.0% | -12.6% | ||
| Q3 24 | 5.6% | -4.1% | ||
| Q2 24 | 16.6% | -2.0% | ||
| Q1 24 | 12.4% | -1.7% |
每股收益（稀释后）BRSGRY
| Q4 25 | $2.42 | $-0.11 | ||
| Q3 25 | — | $-0.18 | ||
| Q2 25 | $3.17 | $-0.02 | ||
| Q1 25 | $2.05 | $-0.30 | ||
| Q4 24 | $1.20 | $-0.86 | ||
| Q3 24 | $0.68 | $-0.25 | ||
| Q2 24 | $2.72 | $-0.12 | ||
| Q1 24 | $1.79 | $-0.10 |
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 | $371.5M | $239.9M |
| 总债务越低越好 | $3.2B | $3.6B |
| 股东权益账面价值 | $2.9B | $1.7B |
| 总资产 | $8.6B | $8.1B |
| 负债/权益比越低杠杆越低 | 1.10× | 2.10× |
8季度趋势，按日历期对齐
现金及短期投资BRSGRY
| Q4 25 | $371.5M | $239.9M | ||
| Q3 25 | — | $203.4M | ||
| Q2 25 | $562.2M | $250.1M | ||
| Q1 25 | $317.9M | $229.3M | ||
| Q4 24 | $290.6M | $269.5M | ||
| Q3 24 | $293.5M | $221.8M | ||
| Q2 24 | $305.2M | $213.5M | ||
| Q1 24 | $236.4M | $185.2M |
总债务BRSGRY
| Q4 25 | $3.2B | $3.6B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | $3.3B | $3.5B | ||
| Q1 25 | $3.4B | $3.4B | ||
| Q4 24 | $3.7B | $3.3B | ||
| Q3 24 | $3.6B | $3.1B | ||
| Q2 24 | $3.4B | $3.0B | ||
| Q1 24 | $3.5B | $2.8B |
股东权益BRSGRY
| Q4 25 | $2.9B | $1.7B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | $2.7B | $1.7B | ||
| Q1 25 | $2.4B | $1.7B | ||
| Q4 24 | $2.2B | $1.8B | ||
| Q3 24 | $2.2B | $1.9B | ||
| Q2 24 | $2.2B | $2.0B | ||
| Q1 24 | $2.3B | $2.0B |
总资产BRSGRY
| Q4 25 | $8.6B | $8.1B | ||
| Q3 25 | — | $7.9B | ||
| Q2 25 | $8.5B | $8.0B | ||
| Q1 25 | $8.3B | $7.9B | ||
| Q4 24 | $8.2B | $7.9B | ||
| Q3 24 | $8.0B | $7.5B | ||
| Q2 24 | $8.2B | $7.5B | ||
| Q1 24 | $8.2B | $7.0B |
负债/权益比BRSGRY
| Q4 25 | 1.10× | 2.10× | ||
| Q3 25 | — | 2.00× | ||
| Q2 25 | 1.22× | 1.98× | ||
| Q1 25 | 1.44× | 1.98× | ||
| Q4 24 | 1.64× | 1.83× | ||
| Q3 24 | 1.63× | 1.63× | ||
| Q2 24 | 1.55× | 1.56× | ||
| Q1 24 | 1.55× | 1.42× |
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 | — | $103.4M |
| 自由现金流经营现金流 - 资本支出 | — | $90.6M |
| 自由现金流率自由现金流/营收 | — | 10.2% |
| 资本支出强度资本支出/营收 | — | 1.4% |
| 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 | — | $195.6M |
8季度趋势，按日历期对齐
经营现金流BRSGRY
| Q4 25 | — | $103.4M | ||
| Q3 25 | — | $83.6M | ||
| Q2 25 | $699.7M | $81.3M | ||
| Q1 25 | $360.4M | $6.0M | ||
| Q4 24 | $236.7M | $111.4M | ||
| Q3 24 | $-125.5M | $65.2M | ||
| Q2 24 | $721.0M | $82.8M | ||
| Q1 24 | $207.4M | $40.7M |
自由现金流BRSGRY
| Q4 25 | — | $90.6M | ||
| Q3 25 | — | $63.8M | ||
| Q2 25 | $684.1M | $57.9M | ||
| Q1 25 | $348.9M | $-16.7M | ||
| Q4 24 | $227.9M | $89.1M | ||
| Q3 24 | $-133.4M | $45.0M | ||
| Q2 24 | $703.2M | $55.9M | ||
| Q1 24 | $184.6M | $19.7M |
自由现金流率BRSGRY
| Q4 25 | — | 10.2% | ||
| Q3 25 | — | 7.8% | ||
| Q2 25 | 33.1% | 7.0% | ||
| Q1 25 | 19.3% | -2.2% | ||
| Q4 24 | 14.3% | 10.3% | ||
| Q3 24 | -9.4% | 5.8% | ||
| Q2 24 | 36.2% | 7.3% | ||
| Q1 24 | 10.7% | 2.7% |
资本支出强度BRSGRY
| Q4 25 | — | 1.4% | ||
| Q3 25 | — | 2.4% | ||
| Q2 25 | 0.8% | 2.8% | ||
| Q1 25 | 0.6% | 2.9% | ||
| Q4 24 | 0.6% | 2.6% | ||
| Q3 24 | 0.6% | 2.6% | ||
| Q2 24 | 0.9% | 3.5% | ||
| Q1 24 | 1.3% | 2.9% |
现金转化率BRSGRY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.87× | — | ||
| Q1 25 | 1.48× | — | ||
| Q4 24 | 1.66× | — | ||
| Q3 24 | -1.57× | — | ||
| Q2 24 | 2.23× | — | ||
| Q1 24 | 0.97× | — |
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
BR
| Recurring Fee Revenue Investor Communication Solutions | $589.5M | 34% |
| Recurring Fee Revenue Capital Markets | $300.9M | 18% |
| Recurring Fee Revenue Regulatory | $248.7M | 15% |
| Recurring Fee Revenue Customer Communications | $189.2M | 11% |
| Recurring Fee Revenue Wealth And Investment Management | $179.7M | 10% |
| Recurring Fee Revenue Data Driven Fund Solutions | $112.7M | 7% |
| Event Driven Revenue Mutual Funds | $51.4M | 3% |
| Event Driven Revenue Equity And Other | $39.2M | 2% |
| Global Technology And Operations | $7.5M | 0% |
SGRY
| Private Insurance | $460.5M | 52% |
| Government Revenue | $368.6M | 42% |
| Other | $19.8M | 2% |
| Self Pay Revenue | $19.6M | 2% |
| Other Patient Service Revenue Sources | $16.5M | 2% |
