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Concentra Group Holdings Parent, Inc.（CON）与SUBURBAN PROPANE PARTNERS LP（SPH）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SUBURBAN PROPANE PARTNERS LP的1.5倍（$569.6M vs $370.4M），SUBURBAN PROPANE PARTNERS LP净利率更高（12.4% vs 9.2%，领先3.2%），Concentra Group Holdings Parent, Inc.同比增速更快（13.7% vs -0.8%），Concentra Group Holdings Parent, Inc.自由现金流更多（$9.9M vs $-67.5M）
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。
Suburban Propane Partners LP是美国领先的丙烷、天然气、取暖油及相关能源产品分销商，服务覆盖住宅、商业、工业、农业等各类客户，同时提供暖通空调系统的安装、维护与维修服务，业务范围遍布全美。
CON vs SPH — 直观对比
营收规模更大
CON
是对方的1.5倍
$370.4M
营收增速更快
CON
高出14.5%
-0.8%
净利率更高
SPH
高出3.2%
9.2%
自由现金流更多
CON
多$77.4M
$-67.5M
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $569.6M | $370.4M |
| 净利润 | $52.3M | $45.8M |
| 毛利率 | — | 64.7% |
| 营业利润率 | 16.8% | 18.3% |
| 净利率 | 9.2% | 12.4% |
| 营收同比 | 13.7% | -0.8% |
| 净利润同比 | 28.7% | 135.7% |
| 每股收益（稀释后） | $0.39 | $0.69 |
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CONSPH
| Q1 26 | $569.6M | — | ||
| Q4 25 | $539.1M | $370.4M | ||
| Q3 25 | $572.8M | $211.4M | ||
| Q2 25 | $550.8M | $260.1M | ||
| Q1 25 | $500.8M | $587.7M | ||
| Q4 24 | — | $373.3M | ||
| Q3 24 | $489.6M | $208.6M | ||
| Q2 24 | $477.9M | $254.6M |
净利润CONSPH
| Q1 26 | $52.3M | — | ||
| Q4 25 | $34.7M | $45.8M | ||
| Q3 25 | $48.3M | $-35.1M | ||
| Q2 25 | $44.6M | $-14.8M | ||
| Q1 25 | $38.9M | $137.1M | ||
| Q4 24 | — | $19.4M | ||
| Q3 24 | $44.3M | $-44.6M | ||
| Q2 24 | $51.7M | $-17.2M |
毛利率CONSPH
| Q1 26 | — | — | ||
| Q4 25 | — | 64.7% | ||
| Q3 25 | — | 64.7% | ||
| Q2 25 | — | 61.7% | ||
| Q1 25 | — | 58.8% | ||
| Q4 24 | — | 60.6% | ||
| Q3 24 | — | 59.4% | ||
| Q2 24 | — | 62.9% |
营业利润率CONSPH
| Q1 26 | 16.8% | — | ||
| Q4 25 | 12.9% | 18.3% | ||
| Q3 25 | 16.5% | -7.9% | ||
| Q2 25 | 16.3% | 2.1% | ||
| Q1 25 | 16.0% | 27.0% | ||
| Q4 24 | — | 15.8% | ||
| Q3 24 | 17.6% | -10.8% | ||
| Q2 24 | 17.6% | 3.2% |
净利率CONSPH
| Q1 26 | 9.2% | — | ||
| Q4 25 | 6.4% | 12.4% | ||
| Q3 25 | 8.4% | -16.6% | ||
| Q2 25 | 8.1% | -5.7% | ||
| Q1 25 | 7.8% | 23.3% | ||
| Q4 24 | — | 5.2% | ||
| Q3 24 | 9.1% | -21.4% | ||
| Q2 24 | 10.8% | -6.8% |
每股收益（稀释后）CONSPH
| Q1 26 | $0.39 | — | ||
| Q4 25 | $0.27 | $0.69 | ||
| Q3 25 | $0.38 | $-0.55 | ||
| Q2 25 | $0.35 | $-0.23 | ||
| Q1 25 | $0.30 | $2.10 | ||
| Q4 24 | — | $0.30 | ||
| Q3 24 | $0.37 | $-0.69 | ||
| Q2 24 | $0.50 | $-0.27 |
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 | — | $1.3M |
| 总债务越低越好 | $1.6B | $1.3B |
| 股东权益账面价值 | $424.7M | — |
| 总资产 | $2.9B | $2.4B |
| 负债/权益比越低杠杆越低 | 3.68× | — |
8季度趋势，按日历期对齐
现金及短期投资CONSPH
| Q1 26 | — | — | ||
| Q4 25 | $79.9M | $1.3M | ||
| Q3 25 | $49.9M | $405.0K | ||
| Q2 25 | $73.9M | $1.3M | ||
| Q1 25 | $52.1M | $3.9M | ||
| Q4 24 | — | $4.4M | ||
| Q3 24 | $136.8M | $3.2M | ||
| Q2 24 | $50.7M | $4.9M |
总债务CONSPH
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $1.3B | ||
| Q3 25 | $1.6B | $1.2B | ||
| Q2 25 | $1.7B | $1.2B | ||
| Q1 25 | $1.6B | $1.3B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | $1.5B | $1.2B | ||
| Q2 24 | $3.0M | $1.2B |
股东权益CONSPH
| Q1 26 | $424.7M | — | ||
| Q4 25 | $393.3M | — | ||
| Q3 25 | $385.5M | — | ||
| Q2 25 | $342.6M | — | ||
| Q1 25 | $307.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $277.8M | — | ||
| Q2 24 | $1.2B | — |
总资产CONSPH
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $2.4B | ||
| Q3 25 | $2.8B | $2.3B | ||
| Q2 25 | $2.8B | $2.3B | ||
| Q1 25 | $2.7B | $2.4B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | $2.5B | $2.3B | ||
| Q2 24 | $2.4B | $2.3B |
负债/权益比CONSPH
| Q1 26 | 3.68× | — | ||
| 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× | — |
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 | $21.0M | $-47.7M |
| 自由现金流经营现金流 - 资本支出 | $9.9M | $-67.5M |
| 自由现金流率自由现金流/营收 | 1.7% | -18.2% |
| 资本支出强度资本支出/营收 | — | 5.3% |
| 现金转化率经营现金流/净利润 | 0.40× | -1.04× |
| 过去12个月自由现金流最近4个季度 | $211.0M | $61.9M |
8季度趋势，按日历期对齐
经营现金流CONSPH
| Q1 26 | $21.0M | — | ||
| Q4 25 | $118.7M | $-47.7M | ||
| Q3 25 | $60.6M | $41.8M | ||
| Q2 25 | $88.4M | $95.5M | ||
| Q1 25 | $11.7M | $40.1M | ||
| Q4 24 | — | $8.8M | ||
| Q3 24 | $65.9M | $36.8M | ||
| Q2 24 | — | $61.4M |
自由现金流CONSPH
| Q1 26 | $9.9M | — | ||
| Q4 25 | $98.5M | $-67.5M | ||
| Q3 25 | $39.4M | $27.7M | ||
| Q2 25 | $63.2M | $80.9M | ||
| Q1 25 | $-4.0M | $20.8M | ||
| Q4 24 | — | $-15.1M | ||
| Q3 24 | $50.8M | $17.7M | ||
| Q2 24 | — | $46.8M |
自由现金流率CONSPH
| Q1 26 | 1.7% | — | ||
| Q4 25 | 18.3% | -18.2% | ||
| Q3 25 | 6.9% | 13.1% | ||
| Q2 25 | 11.5% | 31.1% | ||
| Q1 25 | -0.8% | 3.5% | ||
| Q4 24 | — | -4.0% | ||
| Q3 24 | 10.4% | 8.5% | ||
| Q2 24 | — | 18.4% |
资本支出强度CONSPH
| Q1 26 | — | — | ||
| Q4 25 | 3.7% | 5.3% | ||
| Q3 25 | 3.7% | 6.7% | ||
| Q2 25 | 4.6% | 5.6% | ||
| Q1 25 | 3.1% | 3.3% | ||
| Q4 24 | — | 6.4% | ||
| Q3 24 | 3.1% | 9.1% | ||
| Q2 24 | — | 5.8% |
现金转化率CONSPH
| Q1 26 | 0.40× | — | ||
| Q4 25 | 3.42× | -1.04× | ||
| Q3 25 | 1.26× | — | ||
| Q2 25 | 1.98× | — | ||
| Q1 25 | 0.30× | 0.29× | ||
| Q4 24 | — | 0.45× | ||
| 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
| Workers' compensation | $337.7M | 59% |
| Employer services | $172.4M | 30% |
| Onsite health clinics | $37.2M | 7% |
| Other | $14.5M | 3% |
| Consumer health | $7.8M | 1% |
SPH
| Propane | $326.4M | 88% |
| Other Sales Revenue Net | $19.9M | 5% |
| Fuel Oil And Refined Fuels | $18.2M | 5% |
| Natural Gas And Electricity | $5.9M | 2% |
| Wholesale | $4.1M | 1% |
