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Concentra Group Holdings Parent, Inc.（CON）与CASELLA WASTE SYSTEMS INC（CWST）财务数据对比。点击上方公司名可切换其他公司
Concentra Group Holdings Parent, Inc.的季度营收约是CASELLA WASTE SYSTEMS INC的1.0倍（$569.6M vs $557.2M），Concentra Group Holdings Parent, Inc.净利率更高（9.2% vs -1.0%，领先10.2%），Concentra Group Holdings Parent, Inc.同比增速更快（13.7% vs 9.6%），CASELLA WASTE SYSTEMS INC自由现金流更多（$30.7M vs $9.9M）
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。
Casella Waste Systems Inc.是总部位于美国佛蒙特州拉特兰的废弃物管理企业，1975年创立时仅靠一辆卡车起步，现为区域型垂直一体化固体废物服务提供商，面向住宅、商业、市政及工业客户提供固废收集处置、中转、回收、有机废弃物处理等专业资源管理服务。
CON vs CWST — 直观对比
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $569.6M | $557.2M |
| 净利润 | $52.3M | $-5.5M |
| 毛利率 | — | — |
| 营业利润率 | 16.8% | 0.9% |
| 净利率 | 9.2% | -1.0% |
| 营收同比 | 13.7% | 9.6% |
| 净利润同比 | 28.7% | -15.2% |
| 每股收益（稀释后） | $0.39 | $-0.09 |
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
| Q1 26 | $569.6M | $557.2M | ||
| Q4 25 | $539.1M | $469.1M | ||
| Q3 25 | $572.8M | $485.4M | ||
| Q2 25 | $550.8M | $465.3M | ||
| Q1 25 | $500.8M | $417.1M | ||
| Q4 24 | — | $427.5M | ||
| Q3 24 | $489.6M | $411.6M | ||
| Q2 24 | $477.9M | $377.2M |
| Q1 26 | $52.3M | $-5.5M | ||
| Q4 25 | $34.7M | $-2.5M | ||
| Q3 25 | $48.3M | $10.0M | ||
| Q2 25 | $44.6M | $5.2M | ||
| Q1 25 | $38.9M | $-4.8M | ||
| Q4 24 | — | $4.9M | ||
| Q3 24 | $44.3M | $5.8M | ||
| Q2 24 | $51.7M | $7.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 33.3% | ||
| Q3 25 | — | 35.0% | ||
| Q2 25 | — | 33.8% | ||
| Q1 25 | — | 32.8% | ||
| Q4 24 | — | 33.2% | ||
| Q3 24 | — | 35.1% | ||
| Q2 24 | — | 35.4% |
| Q1 26 | 16.8% | 0.9% | ||
| Q4 25 | 12.9% | 2.5% | ||
| Q3 25 | 16.5% | 6.1% | ||
| Q2 25 | 16.3% | 4.1% | ||
| Q1 25 | 16.0% | 0.8% | ||
| Q4 24 | — | 4.3% | ||
| Q3 24 | 17.6% | 5.9% | ||
| Q2 24 | 17.6% | 6.1% |
| Q1 26 | 9.2% | -1.0% | ||
| Q4 25 | 6.4% | -0.5% | ||
| Q3 25 | 8.4% | 2.1% | ||
| Q2 25 | 8.1% | 1.1% | ||
| Q1 25 | 7.8% | -1.2% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | 9.1% | 1.4% | ||
| Q2 24 | 10.8% | 1.9% |
| Q1 26 | $0.39 | $-0.09 | ||
| Q4 25 | $0.27 | $-0.04 | ||
| Q3 25 | $0.38 | $0.16 | ||
| Q2 25 | $0.35 | $0.08 | ||
| Q1 25 | $0.30 | $-0.08 | ||
| Q4 24 | — | $0.08 | ||
| Q3 24 | $0.37 | $0.10 | ||
| Q2 24 | $0.50 | $0.12 |
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 | — | $126.9M |
| 总债务越低越好 | $1.6B | — |
| 股东权益账面价值 | $424.7M | $1.6B |
| 总资产 | $2.9B | $3.3B |
| 负债/权益比越低杠杆越低 | 3.68× | — |
8季度趋势，按日历期对齐
| Q1 26 | — | $126.9M | ||
| Q4 25 | $79.9M | $123.8M | ||
| Q3 25 | $49.9M | $192.7M | ||
| Q2 25 | $73.9M | $217.8M | ||
| Q1 25 | $52.1M | $267.7M | ||
| Q4 24 | — | $358.3M | ||
| Q3 24 | $136.8M | $519.0M | ||
| Q2 24 | $50.7M | $208.5M |
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $1.1B | ||
| Q3 25 | $1.6B | $1.1B | ||
| Q2 25 | $1.7B | $1.1B | ||
| Q1 25 | $1.6B | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | $1.5B | $1.0B | ||
| Q2 24 | $3.0M | $976.6M |
| Q1 26 | $424.7M | $1.6B | ||
| Q4 25 | $393.3M | $1.6B | ||
| Q3 25 | $385.5M | $1.6B | ||
| Q2 25 | $342.6M | $1.6B | ||
| Q1 25 | $307.1M | $1.5B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | $277.8M | $1.5B | ||
| Q2 24 | $1.2B | $1.0B |
| Q1 26 | $2.9B | $3.3B | ||
| Q4 25 | $2.9B | $3.3B | ||
| Q3 25 | $2.8B | $3.3B | ||
| Q2 25 | $2.8B | $3.3B | ||
| Q1 25 | $2.7B | $3.2B | ||
| Q4 24 | — | $3.2B | ||
| Q3 24 | $2.5B | $3.1B | ||
| Q2 24 | $2.4B | $2.5B |
| Q1 26 | 3.68× | — | ||
| Q4 25 | 3.98× | 0.72× | ||
| Q3 25 | 4.15× | 0.72× | ||
| Q2 25 | 4.82× | 0.72× | ||
| Q1 25 | 5.27× | 0.72× | ||
| Q4 24 | — | 0.70× | ||
| Q3 24 | 5.30× | 0.68× | ||
| Q2 24 | 0.00× | 0.94× |
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 | $21.0M | $62.3M |
| 自由现金流经营现金流 - 资本支出 | $9.9M | $30.7M |
| 自由现金流率自由现金流/营收 | 1.7% | 5.5% |
| 资本支出强度资本支出/营收 | — | 9.0% |
| 现金转化率经营现金流/净利润 | 0.40× | — |
| 过去12个月自由现金流最近4个季度 | $211.0M | $120.7M |
8季度趋势，按日历期对齐
| Q1 26 | $21.0M | $62.3M | ||
| Q4 25 | $118.7M | $96.6M | ||
| Q3 25 | $60.6M | $93.6M | ||
| Q2 25 | $88.4M | $89.5M | ||
| Q1 25 | $11.7M | $50.1M | ||
| Q4 24 | — | $109.8M | ||
| Q3 24 | $65.9M | $91.8M | ||
| Q2 24 | — | $72.1M |
| Q1 26 | $9.9M | $30.7M | ||
| Q4 25 | $98.5M | $39.3M | ||
| Q3 25 | $39.4M | $27.6M | ||
| Q2 25 | $63.2M | $23.1M | ||
| Q1 25 | $-4.0M | $-5.4M | ||
| Q4 24 | — | $32.9M | ||
| Q3 24 | $50.8M | $40.4M | ||
| Q2 24 | — | $27.5M |
| Q1 26 | 1.7% | 5.5% | ||
| Q4 25 | 18.3% | 8.4% | ||
| Q3 25 | 6.9% | 5.7% | ||
| Q2 25 | 11.5% | 5.0% | ||
| Q1 25 | -0.8% | -1.3% | ||
| Q4 24 | — | 7.7% | ||
| Q3 24 | 10.4% | 9.8% | ||
| Q2 24 | — | 7.3% |
| Q1 26 | — | 9.0% | ||
| Q4 25 | 3.7% | 12.2% | ||
| Q3 25 | 3.7% | 13.6% | ||
| Q2 25 | 4.6% | 14.3% | ||
| Q1 25 | 3.1% | 13.3% | ||
| Q4 24 | — | 18.0% | ||
| Q3 24 | 3.1% | 12.5% | ||
| Q2 24 | — | 11.8% |
| Q1 26 | 0.40× | — | ||
| Q4 25 | 3.42× | — | ||
| Q3 25 | 1.26× | 9.37× | ||
| Q2 25 | 1.98× | 17.19× | ||
| Q1 25 | 0.30× | — | ||
| Q4 24 | — | 22.51× | ||
| Q3 24 | 1.49× | 15.91× | ||
| Q2 24 | — | 10.29× |
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
CON
| Workers' compensation | $337.7M | 59% |
| Employer services | $172.4M | 30% |
| Onsite health clinics | $37.2M | 7% |
| Other | $14.5M | 3% |
| Consumer health | $7.8M | 1% |
CWST
| Collection | $334.8M | 60% |
| Transfer station | $65.9M | 12% |
| Processing (ii) | $49.0M | 9% |
| Landfill | $48.0M | 9% |
| National Accounts (ii) | $45.6M | 8% |
| Transportation | $8.2M | 1% |
| Landfill gas-to-energy | $2.9M | 1% |
