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Concentra Group Holdings Parent, Inc.（CON）与PIPER SANDLER COMPANIES（PIPR）财务数据对比。点击上方公司名可切换其他公司
PIPER SANDLER COMPANIES的季度营收约是Concentra Group Holdings Parent, Inc.的1.2倍（$667.0M vs $539.1M），PIPER SANDLER COMPANIES净利率更高（17.1% vs 6.4%，领先10.7%）
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。
Piper Sandler是一家美国跨国投资银行及金融服务提供商，核心业务覆盖并购重组、财务重整、公开募股、公共财政、机构经纪、投资管理、证券研究等领域，通过旗下核心子公司Piper Sandler & Co.为企业、机构投资者及公共组织提供专业金融服务。
CON vs PIPR — 直观对比
营收规模更大
PIPR
是对方的1.2倍
$539.1M
净利率更高
PIPR
高出10.7%
6.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $539.1M | $667.0M |
| 净利润 | $34.7M | $114.0M |
| 毛利率 | — | — |
| 营业利润率 | 12.9% | 28.3% |
| 净利率 | 6.4% | 17.1% |
| 营收同比 | — | 37.4% |
| 净利润同比 | — | 65.0% |
| 每股收益（稀释后） | $0.27 | $6.41 |
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CONPIPR
| Q4 25 | $539.1M | $667.0M | ||
| Q3 25 | $572.8M | $480.1M | ||
| Q2 25 | $550.8M | $398.6M | ||
| Q1 25 | $500.8M | $358.6M | ||
| Q4 24 | — | $485.4M | ||
| Q3 24 | $489.6M | $360.9M | ||
| Q2 24 | $477.9M | $340.8M | ||
| Q1 24 | — | $344.4M |
净利润CONPIPR
| Q4 25 | $34.7M | $114.0M | ||
| Q3 25 | $48.3M | $60.3M | ||
| Q2 25 | $44.6M | $42.2M | ||
| Q1 25 | $38.9M | $64.9M | ||
| Q4 24 | — | $69.1M | ||
| Q3 24 | $44.3M | $34.8M | ||
| Q2 24 | $51.7M | $34.8M | ||
| Q1 24 | — | $42.5M |
营业利润率CONPIPR
| Q4 25 | 12.9% | 28.3% | ||
| Q3 25 | 16.5% | 22.4% | ||
| Q2 25 | 16.3% | 12.3% | ||
| Q1 25 | 16.0% | 8.2% | ||
| Q4 24 | — | 16.9% | ||
| Q3 24 | 17.6% | 15.4% | ||
| Q2 24 | 17.6% | 8.3% | ||
| Q1 24 | — | 15.2% |
净利率CONPIPR
| Q4 25 | 6.4% | 17.1% | ||
| Q3 25 | 8.4% | 12.6% | ||
| Q2 25 | 8.1% | 10.6% | ||
| Q1 25 | 7.8% | 18.1% | ||
| Q4 24 | — | 14.2% | ||
| Q3 24 | 9.1% | 9.6% | ||
| Q2 24 | 10.8% | 10.2% | ||
| Q1 24 | — | 12.3% |
每股收益（稀释后）CONPIPR
| Q4 25 | $0.27 | $6.41 | ||
| Q3 25 | $0.38 | $3.38 | ||
| Q2 25 | $0.35 | $2.38 | ||
| Q1 25 | $0.30 | $3.65 | ||
| Q4 24 | — | $3.88 | ||
| Q3 24 | $0.37 | $1.96 | ||
| Q2 24 | $0.50 | $1.97 | ||
| Q1 24 | — | $2.43 |
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 | — |
| 总债务越低越好 | $1.6B | — |
| 股东权益账面价值 | $393.3M | $1.4B |
| 总资产 | $2.9B | $2.6B |
| 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CONPIPR
| Q4 25 | $79.9M | — | ||
| Q3 25 | $49.9M | — | ||
| Q2 25 | $73.9M | — | ||
| Q1 25 | $52.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $136.8M | — | ||
| Q2 24 | $50.7M | — | ||
| Q1 24 | — | — |
总债务CONPIPR
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $3.0M | — | ||
| Q1 24 | — | — |
股东权益CONPIPR
| Q4 25 | $393.3M | $1.4B | ||
| Q3 25 | $385.5M | $1.3B | ||
| Q2 25 | $342.6M | $1.2B | ||
| Q1 25 | $307.1M | $1.2B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | $277.8M | $1.2B | ||
| Q2 24 | $1.2B | $1.1B | ||
| Q1 24 | — | $1.1B |
总资产CONPIPR
| Q4 25 | $2.9B | $2.6B | ||
| Q3 25 | $2.8B | $2.2B | ||
| Q2 25 | $2.8B | $2.0B | ||
| Q1 25 | $2.7B | $1.8B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | $2.5B | $2.0B | ||
| Q2 24 | $2.4B | $1.9B | ||
| Q1 24 | — | $1.8B |
负债/权益比CONPIPR
| 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 | $118.7M | $729.8M |
| 自由现金流经营现金流 - 资本支出 | $98.5M | — |
| 自由现金流率自由现金流/营收 | 18.3% | — |
| 资本支出强度资本支出/营收 | 3.7% | — |
| 现金转化率经营现金流/净利润 | 3.42× | 6.40× |
| 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CONPIPR
| Q4 25 | $118.7M | $729.8M | ||
| Q3 25 | $60.6M | $31.9M | ||
| Q2 25 | $88.4M | $32.1M | ||
| Q1 25 | $11.7M | $-207.2M | ||
| Q4 24 | — | $163.8M | ||
| Q3 24 | $65.9M | $80.1M | ||
| Q2 24 | — | $266.5M | ||
| Q1 24 | — | $-197.2M |
自由现金流CONPIPR
| Q4 25 | $98.5M | — | ||
| Q3 25 | $39.4M | — | ||
| Q2 25 | $63.2M | — | ||
| Q1 25 | $-4.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $50.8M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率CONPIPR
| Q4 25 | 18.3% | — | ||
| Q3 25 | 6.9% | — | ||
| Q2 25 | 11.5% | — | ||
| Q1 25 | -0.8% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 10.4% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度CONPIPR
| Q4 25 | 3.7% | — | ||
| Q3 25 | 3.7% | — | ||
| Q2 25 | 4.6% | — | ||
| Q1 25 | 3.1% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.1% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率CONPIPR
| Q4 25 | 3.42× | 6.40× | ||
| Q3 25 | 1.26× | 0.53× | ||
| Q2 25 | 1.98× | 0.76× | ||
| Q1 25 | 0.30× | -3.19× | ||
| Q4 24 | — | 2.37× | ||
| Q3 24 | 1.49× | 2.30× | ||
| Q2 24 | — | 7.66× | ||
| Q1 24 | — | -4.64× |
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% |
PIPR
| Advisory Services | $402.6M | 60% |
| Equities Financing | $66.7M | 10% |
| Equity Salesand Trading | $64.2M | 10% |
| Fixed Income Salesand Trading | $47.9M | 7% |
| Other | $46.7M | 7% |
| Debt Financing | $38.9M | 6% |
