vs
CrossAmerica Partners LP（CAPL）与Concentra Group Holdings Parent, Inc.（CON）财务数据对比。点击上方公司名可切换其他公司
CrossAmerica Partners LP的季度营收约是Concentra Group Holdings Parent, Inc.的1.6倍（$866.3M vs $539.1M），Concentra Group Holdings Parent, Inc.净利率更高（6.4% vs 1.2%，领先5.3%），Concentra Group Holdings Parent, Inc.自由现金流更多（$98.5M vs $22.4M）
塔峰资本合伙人（TowerBrook Capital Partners）是一家总部位于伦敦和纽约的投资管理公司，2005年从索罗斯基金管理分拆独立。该机构主打私募股权及结构性机会投资，曾收购奢侈品品牌Jimmy Choo控股权，截至2025年其管理规模超250亿美元，官网公示在管投资项目共110个。
Concentra是美国的职业医疗服务商，1979年成立于得克萨斯州阿马里洛，总部位于得克萨斯州艾迪生。业务覆盖美国47个州，运营627家职业医疗中心和410个雇主驻地现场诊所，美国每7起职业伤害案例中就有1起由该机构提供诊疗服务。
CAPL vs CON — 直观对比
营收规模更大
CAPL
是对方的1.6倍
$539.1M
净利率更高
CON
高出5.3%
1.2%
自由现金流更多
CON
多$76.2M
$22.4M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $866.3M | $539.1M |
| 净利润 | $10.2M | $34.7M |
| 毛利率 | 12.4% | — |
| 营业利润率 | 3.0% | 12.9% |
| 净利率 | 1.2% | 6.4% |
| 营收同比 | -8.3% | — |
| 净利润同比 | -39.6% | — |
| 每股收益（稀释后） | $0.24 | $0.27 |
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CAPLCON
| Q4 25 | $866.3M | $539.1M | ||
| Q3 25 | $971.8M | $572.8M | ||
| Q2 25 | $961.9M | $550.8M | ||
| Q1 25 | $862.5M | $500.8M | ||
| Q4 24 | $944.2M | — | ||
| Q3 24 | $1.1B | $489.6M | ||
| Q2 24 | $1.1B | $477.9M | ||
| Q1 24 | $941.5M | — |
净利润CAPLCON
| Q4 25 | $10.2M | $34.7M | ||
| Q3 25 | $13.6M | $48.3M | ||
| Q2 25 | $25.2M | $44.6M | ||
| Q1 25 | $-7.1M | $38.9M | ||
| Q4 24 | $16.9M | — | ||
| Q3 24 | $10.7M | $44.3M | ||
| Q2 24 | $12.4M | $51.7M | ||
| Q1 24 | $-17.5M | — |
毛利率CAPLCON
| Q4 25 | 12.4% | — | ||
| Q3 25 | 10.8% | — | ||
| Q2 25 | 10.5% | — | ||
| Q1 25 | 10.4% | — | ||
| Q4 24 | 10.7% | — | ||
| Q3 24 | 10.3% | — | ||
| Q2 24 | 9.2% | — | ||
| Q1 24 | 8.6% | — |
营业利润率CAPLCON
| Q4 25 | 3.0% | 12.9% | ||
| Q3 25 | 2.9% | 16.5% | ||
| Q2 25 | 4.3% | 16.3% | ||
| Q1 25 | 0.2% | 16.0% | ||
| Q4 24 | 3.0% | — | ||
| Q3 24 | 2.5% | 17.6% | ||
| Q2 24 | 2.5% | 17.6% | ||
| Q1 24 | -1.4% | — |
净利率CAPLCON
| Q4 25 | 1.2% | 6.4% | ||
| Q3 25 | 1.4% | 8.4% | ||
| Q2 25 | 2.6% | 8.1% | ||
| Q1 25 | -0.8% | 7.8% | ||
| Q4 24 | 1.8% | — | ||
| Q3 24 | 1.0% | 9.1% | ||
| Q2 24 | 1.1% | 10.8% | ||
| Q1 24 | -1.9% | — |
每股收益（稀释后）CAPLCON
| Q4 25 | $0.24 | $0.27 | ||
| Q3 25 | $0.34 | $0.38 | ||
| Q2 25 | $0.64 | $0.35 | ||
| Q1 25 | $-0.20 | $0.30 | ||
| Q4 24 | $0.42 | — | ||
| Q3 24 | $0.27 | $0.37 | ||
| Q2 24 | $0.31 | $0.50 | ||
| Q1 24 | $-0.48 | — |
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 | $3.1M | $79.9M |
| 总债务越低越好 | $687.2M | $1.6B |
| 股东权益账面价值 | — | $393.3M |
| 总资产 | $964.7M | $2.9B |
| 负债/权益比越低杠杆越低 | — | 3.98× |
8季度趋势，按日历期对齐
现金及短期投资CAPLCON
| Q4 25 | $3.1M | $79.9M | ||
| Q3 25 | $5.8M | $49.9M | ||
| Q2 25 | $9.7M | $73.9M | ||
| Q1 25 | $6.7M | $52.1M | ||
| Q4 24 | $3.4M | — | ||
| Q3 24 | $7.8M | $136.8M | ||
| Q2 24 | $5.5M | $50.7M | ||
| Q1 24 | $6.3M | — |
总债务CAPLCON
| Q4 25 | $687.2M | $1.6B | ||
| Q3 25 | $700.8M | $1.6B | ||
| Q2 25 | $722.7M | $1.7B | ||
| Q1 25 | $774.1M | $1.6B | ||
| Q4 24 | $763.9M | — | ||
| Q3 24 | $769.2M | $1.5B | ||
| Q2 24 | $786.7M | $3.0M | ||
| Q1 24 | $795.8M | — |
股东权益CAPLCON
| Q4 25 | — | $393.3M | ||
| Q3 25 | — | $385.5M | ||
| Q2 25 | — | $342.6M | ||
| Q1 25 | — | $307.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $277.8M | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | — |
总资产CAPLCON
| Q4 25 | $964.7M | $2.9B | ||
| Q3 25 | $998.9M | $2.8B | ||
| Q2 25 | $1.0B | $2.8B | ||
| Q1 25 | $1.1B | $2.7B | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | $2.5B | ||
| Q2 24 | $1.2B | $2.4B | ||
| Q1 24 | $1.2B | — |
负债/权益比CAPLCON
| Q4 25 | — | 3.98× | ||
| Q3 25 | — | 4.15× | ||
| Q2 25 | — | 4.82× | ||
| Q1 25 | — | 5.27× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 5.30× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | — |
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 | $29.4M | $118.7M |
| 自由现金流经营现金流 - 资本支出 | $22.4M | $98.5M |
| 自由现金流率自由现金流/营收 | 2.6% | 18.3% |
| 资本支出强度资本支出/营收 | 0.8% | 3.7% |
| 现金转化率经营现金流/净利润 | 2.89× | 3.42× |
| 过去12个月自由现金流最近4个季度 | $55.8M | $197.1M |
8季度趋势，按日历期对齐
经营现金流CAPLCON
| Q4 25 | $29.4M | $118.7M | ||
| Q3 25 | $24.4M | $60.6M | ||
| Q2 25 | $22.6M | $88.4M | ||
| Q1 25 | $15.0M | $11.7M | ||
| Q4 24 | $11.1M | — | ||
| Q3 24 | $41.9M | $65.9M | ||
| Q2 24 | $28.9M | — | ||
| Q1 24 | $5.8M | — |
自由现金流CAPLCON
| Q4 25 | $22.4M | $98.5M | ||
| Q3 25 | $17.7M | $39.4M | ||
| Q2 25 | $10.8M | $63.2M | ||
| Q1 25 | $4.9M | $-4.0M | ||
| Q4 24 | $3.9M | — | ||
| Q3 24 | $34.2M | $50.8M | ||
| Q2 24 | $23.6M | — | ||
| Q1 24 | $-289.0K | — |
自由现金流率CAPLCON
| Q4 25 | 2.6% | 18.3% | ||
| Q3 25 | 1.8% | 6.9% | ||
| Q2 25 | 1.1% | 11.5% | ||
| Q1 25 | 0.6% | -0.8% | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 3.2% | 10.4% | ||
| Q2 24 | 2.1% | — | ||
| Q1 24 | -0.0% | — |
资本支出强度CAPLCON
| Q4 25 | 0.8% | 3.7% | ||
| Q3 25 | 0.7% | 3.7% | ||
| Q2 25 | 1.2% | 4.6% | ||
| Q1 25 | 1.2% | 3.1% | ||
| Q4 24 | 0.8% | — | ||
| Q3 24 | 0.7% | 3.1% | ||
| Q2 24 | 0.5% | — | ||
| Q1 24 | 0.6% | — |
现金转化率CAPLCON
| Q4 25 | 2.89× | 3.42× | ||
| Q3 25 | 1.79× | 1.26× | ||
| Q2 25 | 0.90× | 1.98× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | 0.66× | — | ||
| Q3 24 | 3.92× | 1.49× | ||
| Q2 24 | 2.33× | — | ||
| Q1 24 | — | — |
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
CAPL
| Retail Segment | $505.3M | 58% |
| Wholesale | $360.9M | 42% |
| Other | $1.2M | 0% |
CON
| Occupational Health Center Workers Compensation | $328.5M | 61% |
| Occupational Health Center Employer Services | $151.9M | 28% |
| Onsite Health Clinics | $36.2M | 7% |
| Other Businesses | $12.3M | 2% |
| Occupational Health Center Consumer Health | $8.1M | 2% |
| Occupational Health Center Other | $2.1M | 0% |
