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Concentra Group Holdings Parent, Inc.（CON）与RAYONIER ADVANCED MATERIALS INC.（RYAM）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RAYONIER ADVANCED MATERIALS INC.的1.3倍（$539.1M vs $417.5M），Concentra Group Holdings Parent, Inc.净利率更高（6.4% vs -5.0%，领先11.5%）
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。
RYAM（原雷尼尔先进材料公司）是一家美国全球性纤维素技术企业，主打高纯度特种纤维素产品，所生产的天然聚合物广泛应用于过滤器生产、食品加工、医药制造及各类工业领域，同时也为造纸和包装行业供应相关产品，在纤维素技术领域拥有较高的行业认可度。
CON vs RYAM — 直观对比
营收规模更大
CON
是对方的1.3倍
$417.5M
净利率更高
CON
高出11.5%
-5.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $539.1M | $417.5M |
| 净利润 | $34.7M | $-21.1M |
| 毛利率 | — | 8.9% |
| 营业利润率 | 12.9% | 2.6% |
| 净利率 | 6.4% | -5.0% |
| 营收同比 | — | -1.2% |
| 净利润同比 | — | -31.9% |
| 每股收益（稀释后） | $0.27 | $-0.33 |
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CONRYAM
| Q4 25 | $539.1M | $417.5M | ||
| Q3 25 | $572.8M | $352.8M | ||
| Q2 25 | $550.8M | $340.0M | ||
| Q1 25 | $500.8M | $356.0M | ||
| Q4 24 | — | $422.5M | ||
| Q3 24 | $489.6M | $401.1M | ||
| Q2 24 | $477.9M | $419.0M | ||
| Q1 24 | — | $387.7M |
净利润CONRYAM
| Q4 25 | $34.7M | $-21.1M | ||
| Q3 25 | $48.3M | $-4.5M | ||
| Q2 25 | $44.6M | $-363.2M | ||
| Q1 25 | $38.9M | $-32.0M | ||
| Q4 24 | — | $-16.0M | ||
| Q3 24 | $44.3M | $-32.6M | ||
| Q2 24 | $51.7M | $11.4M | ||
| Q1 24 | — | $-1.6M |
毛利率CONRYAM
| Q4 25 | — | 8.9% | ||
| Q3 25 | — | 9.7% | ||
| Q2 25 | — | 7.0% | ||
| Q1 25 | — | 6.8% | ||
| Q4 24 | — | 8.7% | ||
| Q3 24 | — | 10.9% | ||
| Q2 24 | — | 11.5% | ||
| Q1 24 | — | 9.5% |
营业利润率CONRYAM
| Q4 25 | 12.9% | 2.6% | ||
| Q3 25 | 16.5% | 2.8% | ||
| Q2 25 | 16.3% | -0.4% | ||
| Q1 25 | 16.0% | -4.2% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | 17.6% | -4.2% | ||
| Q2 24 | 17.6% | 6.7% | ||
| Q1 24 | — | 4.4% |
净利率CONRYAM
| Q4 25 | 6.4% | -5.0% | ||
| Q3 25 | 8.4% | -1.3% | ||
| Q2 25 | 8.1% | -106.8% | ||
| Q1 25 | 7.8% | -9.0% | ||
| Q4 24 | — | -3.8% | ||
| Q3 24 | 9.1% | -8.1% | ||
| Q2 24 | 10.8% | 2.7% | ||
| Q1 24 | — | -0.4% |
每股收益（稀释后）CONRYAM
| Q4 25 | $0.27 | $-0.33 | ||
| Q3 25 | $0.38 | $-0.07 | ||
| Q2 25 | $0.35 | $-5.44 | ||
| Q1 25 | $0.30 | $-0.49 | ||
| Q4 24 | — | $-0.25 | ||
| Q3 24 | $0.37 | $-0.49 | ||
| Q2 24 | $0.50 | $0.17 | ||
| Q1 24 | — | $-0.02 |
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 | $75.4M |
| 总债务越低越好 | $1.6B | $758.1M |
| 股东权益账面价值 | $393.3M | $316.6M |
| 总资产 | $2.9B | $1.8B |
| 负债/权益比越低杠杆越低 | 3.98× | 2.39× |
8季度趋势，按日历期对齐
现金及短期投资CONRYAM
| Q4 25 | $79.9M | $75.4M | ||
| Q3 25 | $49.9M | $77.0M | ||
| Q2 25 | $73.9M | $70.7M | ||
| Q1 25 | $52.1M | $129.9M | ||
| Q4 24 | — | $125.2M | ||
| Q3 24 | $136.8M | $136.1M | ||
| Q2 24 | $50.7M | $114.1M | ||
| Q1 24 | — | $54.6M |
总债务CONRYAM
| Q4 25 | $1.6B | $758.1M | ||
| Q3 25 | $1.6B | $763.5M | ||
| Q2 25 | $1.7B | $720.4M | ||
| Q1 25 | $1.6B | $707.0M | ||
| Q4 24 | — | $706.4M | ||
| Q3 24 | $1.5B | $747.7M | ||
| Q2 24 | $3.0M | $752.8M | ||
| Q1 24 | — | $755.6M |
股东权益CONRYAM
| Q4 25 | $393.3M | $316.6M | ||
| Q3 25 | $385.5M | $338.2M | ||
| Q2 25 | $342.6M | $342.3M | ||
| Q1 25 | $307.1M | $688.1M | ||
| Q4 24 | — | $713.9M | ||
| Q3 24 | $277.8M | $732.7M | ||
| Q2 24 | $1.2B | $755.1M | ||
| Q1 24 | — | $741.8M |
总资产CONRYAM
| Q4 25 | $2.9B | $1.8B | ||
| Q3 25 | $2.8B | $1.8B | ||
| Q2 25 | $2.8B | $1.8B | ||
| Q1 25 | $2.7B | $2.1B | ||
| Q4 24 | — | $2.1B | ||
| Q3 24 | $2.5B | $2.2B | ||
| Q2 24 | $2.4B | $2.2B | ||
| Q1 24 | — | $2.1B |
负债/权益比CONRYAM
| Q4 25 | 3.98× | 2.39× | ||
| Q3 25 | 4.15× | 2.26× | ||
| Q2 25 | 4.82× | 2.10× | ||
| Q1 25 | 5.27× | 1.03× | ||
| Q4 24 | — | 0.99× | ||
| Q3 24 | 5.30× | 1.02× | ||
| Q2 24 | 0.00× | 1.00× | ||
| Q1 24 | — | 1.02× |
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 | $32.3M |
| 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× | — |
| 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CONRYAM
| Q4 25 | $118.7M | $32.3M | ||
| Q3 25 | $60.6M | $-17.8M | ||
| Q2 25 | $88.4M | $-30.2M | ||
| Q1 25 | $11.7M | $39.6M | ||
| Q4 24 | — | $54.9M | ||
| Q3 24 | $65.9M | $49.8M | ||
| Q2 24 | — | $87.6M | ||
| Q1 24 | — | $11.3M |
自由现金流CONRYAM
| 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CONRYAM
| 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CONRYAM
| 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CONRYAM
| Q4 25 | 3.42× | — | ||
| Q3 25 | 1.26× | — | ||
| Q2 25 | 1.98× | — | ||
| Q1 25 | 0.30× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.49× | — | ||
| Q2 24 | — | 7.69× | ||
| Q1 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% |
RYAM
| Cellulose Specialties | $249.6M | 60% |
| Other | $86.2M | 21% |
| Paperboard | $44.2M | 11% |
| High Yield Pulp | $28.3M | 7% |
| Biomaterials | $9.2M | 2% |
