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Concentra Group Holdings Parent, Inc.（CON）与Dave & Buster's Entertainment, Inc.（PLAY）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Dave & Buster's Entertainment, Inc.的1.2倍（$539.1M vs $448.2M），Concentra Group Holdings Parent, Inc.净利率更高（6.4% vs -9.4%，领先15.8%），Concentra Group Holdings Parent, Inc.自由现金流更多（$98.5M vs $-20.6M）
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。
戴夫与巴斯特娱乐是总部位于美国达拉斯的餐饮娱乐企业，旗下每家门店都配备全套服务餐厅、酒吧以及名为“百万美元 midway”的游戏游乐区。截至2024年2月，该公司共开设162家门店，其中美国本土158家，波多黎各和加拿大各设2家门店，主打餐饮与休闲娱乐融合的消费体验。
CON vs PLAY — 直观对比
营收规模更大
CON
是对方的1.2倍
$448.2M
净利率更高
CON
高出15.8%
-9.4%
自由现金流更多
CON
多$119.1M
$-20.6M
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $539.1M | $448.2M |
| 净利润 | $34.7M | $-42.1M |
| 毛利率 | — | 85.8% |
| 营业利润率 | 12.9% | -3.6% |
| 净利率 | 6.4% | -9.4% |
| 营收同比 | — | -1.1% |
| 净利润同比 | — | -28.7% |
| 每股收益（稀释后） | $0.27 | $-1.22 |
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CONPLAY
| Q4 25 | $539.1M | $448.2M | ||
| Q3 25 | $572.8M | $557.4M | ||
| Q2 25 | $550.8M | $567.7M | ||
| Q1 25 | $500.8M | $534.5M | ||
| Q4 24 | — | $453.0M | ||
| Q3 24 | $489.6M | $557.1M | ||
| Q2 24 | $477.9M | $588.1M | ||
| Q1 24 | — | $599.0M |
净利润CONPLAY
| Q4 25 | $34.7M | $-42.1M | ||
| Q3 25 | $48.3M | $11.4M | ||
| Q2 25 | $44.6M | $21.7M | ||
| Q1 25 | $38.9M | $9.3M | ||
| Q4 24 | — | $-32.7M | ||
| Q3 24 | $44.3M | $40.3M | ||
| Q2 24 | $51.7M | $41.4M | ||
| Q1 24 | — | $36.1M |
毛利率CONPLAY
| Q4 25 | — | 85.8% | ||
| Q3 25 | — | 86.3% | ||
| Q2 25 | — | 85.5% | ||
| Q1 25 | — | 85.5% | ||
| Q4 24 | — | 85.0% | ||
| Q3 24 | — | 85.3% | ||
| Q2 24 | — | 85.2% | ||
| Q1 24 | — | 84.1% |
营业利润率CONPLAY
| Q4 25 | 12.9% | -3.6% | ||
| Q3 25 | 16.5% | 9.5% | ||
| Q2 25 | 16.3% | 11.1% | ||
| Q1 25 | 16.0% | 8.3% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | 17.6% | 15.2% | ||
| Q2 24 | 17.6% | 14.5% | ||
| Q1 24 | — | 14.9% |
净利率CONPLAY
| Q4 25 | 6.4% | -9.4% | ||
| Q3 25 | 8.4% | 2.0% | ||
| Q2 25 | 8.1% | 3.8% | ||
| Q1 25 | 7.8% | 1.7% | ||
| Q4 24 | — | -7.2% | ||
| Q3 24 | 9.1% | 7.2% | ||
| Q2 24 | 10.8% | 7.0% | ||
| Q1 24 | — | 6.0% |
每股收益（稀释后）CONPLAY
| Q4 25 | $0.27 | $-1.22 | ||
| Q3 25 | $0.38 | $0.32 | ||
| Q2 25 | $0.35 | $0.62 | ||
| Q1 25 | $0.30 | $0.32 | ||
| Q4 24 | — | $-0.84 | ||
| Q3 24 | $0.37 | $0.99 | ||
| Q2 24 | $0.50 | $0.99 | ||
| Q1 24 | — | $0.95 |
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 | $13.6M |
| 总债务越低越好 | $1.6B | $1.6B |
| 股东权益账面价值 | $393.3M | $130.8M |
| 总资产 | $2.9B | $4.1B |
| 负债/权益比越低杠杆越低 | 3.98× | 12.17× |
8季度趋势，按日历期对齐
现金及短期投资CONPLAY
| Q4 25 | $79.9M | $13.6M | ||
| Q3 25 | $49.9M | $12.0M | ||
| Q2 25 | $73.9M | $11.9M | ||
| Q1 25 | $52.1M | $6.9M | ||
| Q4 24 | — | $8.6M | ||
| Q3 24 | $136.8M | $13.1M | ||
| Q2 24 | $50.7M | $32.1M | ||
| Q1 24 | — | $37.3M |
总债务CONPLAY
| Q4 25 | $1.6B | $1.6B | ||
| Q3 25 | $1.6B | $1.6B | ||
| Q2 25 | $1.7B | $1.6B | ||
| Q1 25 | $1.6B | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | $1.5B | $1.3B | ||
| Q2 24 | $3.0M | $1.3B | ||
| Q1 24 | — | $1.3B |
股东权益CONPLAY
| Q4 25 | $393.3M | $130.8M | ||
| Q3 25 | $385.5M | $166.2M | ||
| Q2 25 | $342.6M | $146.8M | ||
| Q1 25 | $307.1M | $145.8M | ||
| Q4 24 | — | $226.6M | ||
| Q3 24 | $277.8M | $284.4M | ||
| Q2 24 | $1.2B | $292.5M | ||
| Q1 24 | — | $251.2M |
总资产CONPLAY
| Q4 25 | $2.9B | $4.1B | ||
| Q3 25 | $2.8B | $4.1B | ||
| Q2 25 | $2.8B | $4.1B | ||
| Q1 25 | $2.7B | $4.0B | ||
| Q4 24 | — | $3.9B | ||
| Q3 24 | $2.5B | $3.8B | ||
| Q2 24 | $2.4B | $3.8B | ||
| Q1 24 | — | $3.8B |
负债/权益比CONPLAY
| Q4 25 | 3.98× | 12.17× | ||
| Q3 25 | 4.15× | 9.57× | ||
| Q2 25 | 4.82× | 10.98× | ||
| Q1 25 | 5.27× | 10.45× | ||
| Q4 24 | — | 6.58× | ||
| Q3 24 | 5.30× | 4.72× | ||
| Q2 24 | 0.00× | 4.58× | ||
| Q1 24 | — | 5.33× |
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 | $58.0M |
| 自由现金流经营现金流 - 资本支出 | $98.5M | $-20.6M |
| 自由现金流率自由现金流/营收 | 18.3% | -4.6% |
| 资本支出强度资本支出/营收 | 3.7% | 17.5% |
| 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 | $-195.6M |
8季度趋势，按日历期对齐
经营现金流CONPLAY
| Q4 25 | $118.7M | $58.0M | ||
| Q3 25 | $60.6M | $34.0M | ||
| Q2 25 | $88.4M | $95.8M | ||
| Q1 25 | $11.7M | $108.9M | ||
| Q4 24 | — | $-7.2M | ||
| Q3 24 | $65.9M | $101.8M | ||
| Q2 24 | — | $108.8M | ||
| Q1 24 | — | $97.2M |
自由现金流CONPLAY
| Q4 25 | $98.5M | $-20.6M | ||
| Q3 25 | $39.4M | $-55.2M | ||
| Q2 25 | $63.2M | $-58.8M | ||
| Q1 25 | $-4.0M | $-61.0M | ||
| Q4 24 | — | $-138.4M | ||
| Q3 24 | $50.8M | $-14.3M | ||
| Q2 24 | — | $-4.2M | ||
| Q1 24 | — | $-25.4M |
自由现金流率CONPLAY
| Q4 25 | 18.3% | -4.6% | ||
| Q3 25 | 6.9% | -9.9% | ||
| Q2 25 | 11.5% | -10.4% | ||
| Q1 25 | -0.8% | -11.4% | ||
| Q4 24 | — | -30.6% | ||
| Q3 24 | 10.4% | -2.6% | ||
| Q2 24 | — | -0.7% | ||
| Q1 24 | — | -4.2% |
资本支出强度CONPLAY
| Q4 25 | 3.7% | 17.5% | ||
| Q3 25 | 3.7% | 16.0% | ||
| Q2 25 | 4.6% | 27.2% | ||
| Q1 25 | 3.1% | 31.8% | ||
| Q4 24 | — | 29.0% | ||
| Q3 24 | 3.1% | 20.8% | ||
| Q2 24 | — | 19.2% | ||
| Q1 24 | — | 20.5% |
现金转化率CONPLAY
| Q4 25 | 3.42× | — | ||
| Q3 25 | 1.26× | 2.98× | ||
| Q2 25 | 1.98× | 4.41× | ||
| Q1 25 | 0.30× | 11.71× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.49× | 2.53× | ||
| Q2 24 | — | 2.63× | ||
| Q1 24 | — | 2.69× |
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% |
PLAY
| Game Play Credit Usage | $273.1M | 61% |
| Food And Nonalcoholic Beverages | $115.1M | 26% |
| Alcoholic Beverage | $53.7M | 12% |
| Other Entertainment | $6.3M | 1% |
| Gift Card Revenue | $3.5M | 1% |
