vs
Concentra Group Holdings Parent, Inc.（CON）与First Watch Restaurant Group, Inc.（FWRG）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First Watch Restaurant Group, Inc.的1.7倍（$539.1M vs $316.4M），Concentra Group Holdings Parent, Inc.自由现金流更多（$98.5M vs $-18.3M）
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。
该企业原信息存在公司混淆错误，实际First Watch Restaurant Group是美国餐饮集团，主打鲜制早餐、早午餐与午餐，在美国多个州运营自营与特许加盟餐厅，聚焦日间休闲餐饮市场，为消费者提供新鲜健康的美式餐食选择。
CON vs FWRG — 直观对比
营收规模更大
CON
是对方的1.7倍
$316.4M
自由现金流更多
CON
多$116.9M
$-18.3M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $539.1M | $316.4M |
| 净利润 | $34.7M | — |
| 毛利率 | — | — |
| 营业利润率 | 12.9% | 2.9% |
| 净利率 | 6.4% | — |
| 营收同比 | — | 20.2% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $0.27 | $0.24 |
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CONFWRG
| Q4 25 | $539.1M | $316.4M | ||
| Q3 25 | $572.8M | $316.0M | ||
| Q2 25 | $550.8M | $307.9M | ||
| Q1 25 | $500.8M | $282.2M | ||
| Q4 24 | — | $263.3M | ||
| Q3 24 | $489.6M | $251.6M | ||
| Q2 24 | $477.9M | $258.6M | ||
| Q1 24 | — | $242.4M |
净利润CONFWRG
| Q4 25 | $34.7M | — | ||
| Q3 25 | $48.3M | $3.0M | ||
| Q2 25 | $44.6M | $2.1M | ||
| Q1 25 | $38.9M | $-829.0K | ||
| Q4 24 | — | — | ||
| Q3 24 | $44.3M | $2.1M | ||
| Q2 24 | $51.7M | $8.9M | ||
| Q1 24 | — | $7.2M |
营业利润率CONFWRG
| Q4 25 | 12.9% | 2.9% | ||
| Q3 25 | 16.5% | 3.2% | ||
| Q2 25 | 16.3% | 2.4% | ||
| Q1 25 | 16.0% | 0.4% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | 17.6% | 2.5% | ||
| Q2 24 | 17.6% | 6.4% | ||
| Q1 24 | — | 5.1% |
净利率CONFWRG
| Q4 25 | 6.4% | — | ||
| Q3 25 | 8.4% | 0.9% | ||
| Q2 25 | 8.1% | 0.7% | ||
| Q1 25 | 7.8% | -0.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | 9.1% | 0.8% | ||
| Q2 24 | 10.8% | 3.4% | ||
| Q1 24 | — | 3.0% |
每股收益（稀释后）CONFWRG
| Q4 25 | $0.27 | $0.24 | ||
| Q3 25 | $0.38 | $0.05 | ||
| Q2 25 | $0.35 | $0.03 | ||
| Q1 25 | $0.30 | $-0.01 | ||
| Q4 24 | — | $0.01 | ||
| Q3 24 | $0.37 | $0.03 | ||
| Q2 24 | $0.50 | $0.14 | ||
| Q1 24 | — | $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 | $79.9M | $21.2M |
| 总债务越低越好 | $1.6B | $269.1M |
| 股东权益账面价值 | $393.3M | $626.3M |
| 总资产 | $2.9B | $1.7B |
| 负债/权益比越低杠杆越低 | 3.98× | 0.43× |
8季度趋势，按日历期对齐
现金及短期投资CONFWRG
| Q4 25 | $79.9M | $21.2M | ||
| Q3 25 | $49.9M | $20.7M | ||
| Q2 25 | $73.9M | $19.2M | ||
| Q1 25 | $52.1M | $18.6M | ||
| Q4 24 | — | $33.3M | ||
| Q3 24 | $136.8M | $51.1M | ||
| Q2 24 | $50.7M | $45.1M | ||
| Q1 24 | — | $43.2M |
总债务CONFWRG
| Q4 25 | $1.6B | $269.1M | ||
| Q3 25 | $1.6B | $251.0M | ||
| Q2 25 | $1.7B | $250.0M | ||
| Q1 25 | $1.6B | $191.5M | ||
| Q4 24 | — | $189.0M | ||
| Q3 24 | $1.5B | $189.7M | ||
| Q2 24 | $3.0M | $192.1M | ||
| Q1 24 | — | $122.7M |
股东权益CONFWRG
| Q4 25 | $393.3M | $626.3M | ||
| Q3 25 | $385.5M | $607.3M | ||
| Q2 25 | $342.6M | $601.3M | ||
| Q1 25 | $307.1M | $596.3M | ||
| Q4 24 | — | $595.4M | ||
| Q3 24 | $277.8M | $589.1M | ||
| Q2 24 | $1.2B | $585.8M | ||
| Q1 24 | — | $574.4M |
总资产CONFWRG
| Q4 25 | $2.9B | $1.7B | ||
| Q3 25 | $2.8B | $1.7B | ||
| Q2 25 | $2.8B | $1.7B | ||
| Q1 25 | $2.7B | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | $2.5B | $1.5B | ||
| Q2 24 | $2.4B | $1.4B | ||
| Q1 24 | — | $1.3B |
负债/权益比CONFWRG
| Q4 25 | 3.98× | 0.43× | ||
| Q3 25 | 4.15× | 0.41× | ||
| Q2 25 | 4.82× | 0.42× | ||
| Q1 25 | 5.27× | 0.32× | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | 5.30× | 0.32× | ||
| Q2 24 | 0.00× | 0.33× | ||
| Q1 24 | — | 0.21× |
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 | $18.5M |
| 自由现金流经营现金流 - 资本支出 | $98.5M | $-18.3M |
| 自由现金流率自由现金流/营收 | 18.3% | -5.8% |
| 资本支出强度资本支出/营收 | 3.7% | 11.6% |
| 现金转化率经营现金流/净利润 | 3.42× | — |
| 过去12个月自由现金流最近4个季度 | $197.1M | $-31.0M |
8季度趋势，按日历期对齐
经营现金流CONFWRG
| Q4 25 | $118.7M | $18.5M | ||
| Q3 25 | $60.6M | $47.9M | ||
| Q2 25 | $88.4M | $39.4M | ||
| Q1 25 | $11.7M | $20.1M | ||
| Q4 24 | — | $22.9M | ||
| Q3 24 | $65.9M | $35.9M | ||
| Q2 24 | — | $31.9M | ||
| Q1 24 | — | $25.0M |
自由现金流CONFWRG
| Q4 25 | $98.5M | $-18.3M | ||
| Q3 25 | $39.4M | $5.5M | ||
| Q2 25 | $63.2M | $-1.7M | ||
| Q1 25 | $-4.0M | $-16.4M | ||
| Q4 24 | — | $-17.7M | ||
| Q3 24 | $50.8M | $6.8M | ||
| Q2 24 | — | $2.3M | ||
| Q1 24 | — | $-3.6M |
自由现金流率CONFWRG
| Q4 25 | 18.3% | -5.8% | ||
| Q3 25 | 6.9% | 1.7% | ||
| Q2 25 | 11.5% | -0.5% | ||
| Q1 25 | -0.8% | -5.8% | ||
| Q4 24 | — | -6.7% | ||
| Q3 24 | 10.4% | 2.7% | ||
| Q2 24 | — | 0.9% | ||
| Q1 24 | — | -1.5% |
资本支出强度CONFWRG
| Q4 25 | 3.7% | 11.6% | ||
| Q3 25 | 3.7% | 13.4% | ||
| Q2 25 | 4.6% | 13.4% | ||
| Q1 25 | 3.1% | 13.0% | ||
| Q4 24 | — | 15.4% | ||
| Q3 24 | 3.1% | 11.6% | ||
| Q2 24 | — | 11.5% | ||
| Q1 24 | — | 11.8% |
现金转化率CONFWRG
| Q4 25 | 3.42× | — | ||
| Q3 25 | 1.26× | 16.01× | ||
| Q2 25 | 1.98× | 18.72× | ||
| Q1 25 | 0.30× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.49× | 16.98× | ||
| Q2 24 | — | 3.59× | ||
| Q1 24 | — | 3.46× |
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% |
FWRG
| In Restaurant Dining Sales | $254.1M | 80% |
| Third Party Delivery Sales | $38.6M | 12% |
| Take Out Sales | $21.3M | 7% |
| Royalty And System Fund Contributions | $2.3M | 1% |
