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Concentra Group Holdings Parent, Inc.（CON）与DOCUSIGN, INC.（DOCU）财务数据对比。点击上方公司名可切换其他公司
DOCUSIGN, INC.的季度营收约是Concentra Group Holdings Parent, Inc.的1.5倍（$818.4M vs $539.1M），DOCUSIGN, INC.净利率更高（10.2% vs 6.4%，领先3.8%），DOCUSIGN, INC.自由现金流更多（$262.9M vs $98.5M）
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。
DocuSign是总部位于美国加利福尼亚州旧金山的软件企业，为各类机构提供多设备支持的电子协议管理及电子签名相关产品。截至2025年，公司在180个国家拥有约170万客户，其处理的签名符合美国ESIGN法案、欧盟eIDAS法规要求，满足欧盟高级及合格签名标准。
CON vs DOCU — 直观对比
营收规模更大
DOCU
是对方的1.5倍
$539.1M
净利率更高
DOCU
高出3.8%
6.4%
自由现金流更多
DOCU
多$164.4M
$98.5M
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $539.1M | $818.4M |
| 净利润 | $34.7M | $83.7M |
| 毛利率 | — | 79.2% |
| 营业利润率 | 12.9% | 10.4% |
| 净利率 | 6.4% | 10.2% |
| 营收同比 | — | 8.4% |
| 净利润同比 | — | 34.1% |
| 每股收益（稀释后） | $0.27 | $0.40 |
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CONDOCU
| Q4 25 | $539.1M | $818.4M | ||
| Q3 25 | $572.8M | $800.6M | ||
| Q2 25 | $550.8M | $763.7M | ||
| Q1 25 | $500.8M | — | ||
| Q3 24 | $489.6M | — | ||
| Q2 24 | $477.9M | — |
净利润CONDOCU
| Q4 25 | $34.7M | $83.7M | ||
| Q3 25 | $48.3M | $63.0M | ||
| Q2 25 | $44.6M | $72.1M | ||
| Q1 25 | $38.9M | — | ||
| Q3 24 | $44.3M | — | ||
| Q2 24 | $51.7M | — |
毛利率CONDOCU
| Q4 25 | — | 79.2% | ||
| Q3 25 | — | 79.3% | ||
| Q2 25 | — | 79.4% | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
营业利润率CONDOCU
| Q4 25 | 12.9% | 10.4% | ||
| Q3 25 | 16.5% | 8.1% | ||
| Q2 25 | 16.3% | 7.9% | ||
| Q1 25 | 16.0% | — | ||
| Q3 24 | 17.6% | — | ||
| Q2 24 | 17.6% | — |
净利率CONDOCU
| Q4 25 | 6.4% | 10.2% | ||
| Q3 25 | 8.4% | 7.9% | ||
| Q2 25 | 8.1% | 9.4% | ||
| Q1 25 | 7.8% | — | ||
| Q3 24 | 9.1% | — | ||
| Q2 24 | 10.8% | — |
每股收益（稀释后）CONDOCU
| Q4 25 | $0.27 | $0.40 | ||
| Q3 25 | $0.38 | $0.30 | ||
| Q2 25 | $0.35 | $0.34 | ||
| Q1 25 | $0.30 | — | ||
| Q3 24 | $0.37 | — | ||
| Q2 24 | $0.50 | — |
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 | $79.9M | $583.3M |
| 总债务越低越好 | $1.6B | — |
| 股东权益账面价值 | $393.3M | $2.0B |
| 总资产 | $2.9B | $4.0B |
| 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CONDOCU
| Q4 25 | $79.9M | $583.3M | ||
| Q3 25 | $49.9M | $600.0M | ||
| Q2 25 | $73.9M | $657.4M | ||
| Q1 25 | $52.1M | — | ||
| Q3 24 | $136.8M | — | ||
| Q2 24 | $50.7M | — |
总债务CONDOCU
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.6B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $3.0M | — |
股东权益CONDOCU
| Q4 25 | $393.3M | $2.0B | ||
| Q3 25 | $385.5M | $2.0B | ||
| Q2 25 | $342.6M | $2.0B | ||
| Q1 25 | $307.1M | — | ||
| Q3 24 | $277.8M | — | ||
| Q2 24 | $1.2B | — |
总资产CONDOCU
| Q4 25 | $2.9B | $4.0B | ||
| Q3 25 | $2.8B | $3.9B | ||
| Q2 25 | $2.8B | $3.9B | ||
| Q1 25 | $2.7B | — | ||
| Q3 24 | $2.5B | — | ||
| Q2 24 | $2.4B | — |
负债/权益比CONDOCU
| Q4 25 | 3.98× | — | ||
| Q3 25 | 4.15× | — | ||
| Q2 25 | 4.82× | — | ||
| Q1 25 | 5.27× | — | ||
| Q3 24 | 5.30× | — | ||
| Q2 24 | 0.00× | — |
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 | $118.7M | $290.3M |
| 自由现金流经营现金流 - 资本支出 | $98.5M | $262.9M |
| 自由现金流率自由现金流/营收 | 18.3% | 32.1% |
| 资本支出强度资本支出/营收 | 3.7% | 3.3% |
| 现金转化率经营现金流/净利润 | 3.42× | 3.47× |
| 过去12个月自由现金流最近4个季度 | $197.1M | — |
8季度趋势，按日历期对齐
经营现金流CONDOCU
| Q4 25 | $118.7M | $290.3M | ||
| Q3 25 | $60.6M | $246.1M | ||
| Q2 25 | $88.4M | $251.4M | ||
| Q1 25 | $11.7M | — | ||
| Q3 24 | $65.9M | — | ||
| Q2 24 | — | — |
自由现金流CONDOCU
| Q4 25 | $98.5M | $262.9M | ||
| Q3 25 | $39.4M | $217.6M | ||
| Q2 25 | $63.2M | $227.8M | ||
| Q1 25 | $-4.0M | — | ||
| Q3 24 | $50.8M | — | ||
| Q2 24 | — | — |
自由现金流率CONDOCU
| Q4 25 | 18.3% | 32.1% | ||
| Q3 25 | 6.9% | 27.2% | ||
| Q2 25 | 11.5% | 29.8% | ||
| Q1 25 | -0.8% | — | ||
| Q3 24 | 10.4% | — | ||
| Q2 24 | — | — |
资本支出强度CONDOCU
| Q4 25 | 3.7% | 3.3% | ||
| Q3 25 | 3.7% | 3.6% | ||
| Q2 25 | 4.6% | 3.1% | ||
| Q1 25 | 3.1% | — | ||
| Q3 24 | 3.1% | — | ||
| Q2 24 | — | — |
现金转化率CONDOCU
| Q4 25 | 3.42× | 3.47× | ||
| Q3 25 | 1.26× | 3.91× | ||
| Q2 25 | 1.98× | 3.49× | ||
| Q1 25 | 0.30× | — | ||
| Q3 24 | 1.49× | — | ||
| Q2 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
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% |
DOCU
| Subscription And Circulation | $801.0M | 98% |
| Professional Services And Other | $17.4M | 2% |
