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Concentra Group Holdings Parent, Inc.（CON）与STERLING INFRASTRUCTURE, INC.（STRL）财务数据对比。点击上方公司名可切换其他公司
STERLING INFRASTRUCTURE, INC.的季度营收约是Concentra Group Holdings Parent, Inc.的1.4倍（$755.6M vs $539.1M），STERLING INFRASTRUCTURE, INC.净利率更高（11.6% vs 6.4%，领先5.2%），STERLING INFRASTRUCTURE, INC.自由现金流更多（$159.7M vs $98.5M）
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。
本公司是总部位于印度马哈拉施特拉邦孟买的跨国工程总承包（EPC）企业，业务覆盖可再生能源、数据中心、柴油发电、机电水暖（MEP）服务等多个领域，已在全球三十余个国家交付项目，执行团队遍布亚洲、中东、非洲、欧洲及澳大利亚。
CON vs STRL — 直观对比
营收规模更大
STRL
是对方的1.4倍
$539.1M
净利率更高
STRL
高出5.2%
6.4%
自由现金流更多
STRL
多$61.1M
$98.5M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $539.1M | $755.6M |
| 净利润 | $34.7M | $87.6M |
| 毛利率 | — | 21.7% |
| 营业利润率 | 12.9% | 15.9% |
| 净利率 | 6.4% | 11.6% |
| 营收同比 | — | 51.5% |
| 净利润同比 | — | -22.6% |
| 每股收益（稀释后） | $0.27 | $2.82 |
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CONSTRL
| Q4 25 | $539.1M | $755.6M | ||
| Q3 25 | $572.8M | $689.0M | ||
| Q2 25 | $550.8M | $614.5M | ||
| Q1 25 | $500.8M | $430.9M | ||
| Q4 24 | — | $498.8M | ||
| Q3 24 | $489.6M | $593.7M | ||
| Q2 24 | $477.9M | $582.8M | ||
| Q1 24 | — | $440.4M |
净利润CONSTRL
| Q4 25 | $34.7M | $87.6M | ||
| Q3 25 | $48.3M | $92.1M | ||
| Q2 25 | $44.6M | $71.0M | ||
| Q1 25 | $38.9M | $39.5M | ||
| Q4 24 | — | $113.2M | ||
| Q3 24 | $44.3M | $61.3M | ||
| Q2 24 | $51.7M | $51.9M | ||
| Q1 24 | — | $31.0M |
毛利率CONSTRL
| Q4 25 | — | 21.7% | ||
| Q3 25 | — | 24.7% | ||
| Q2 25 | — | 23.3% | ||
| Q1 25 | — | 22.0% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | — | 21.9% | ||
| Q2 24 | — | 19.3% | ||
| Q1 24 | — | 17.5% |
营业利润率CONSTRL
| Q4 25 | 12.9% | 15.9% | ||
| Q3 25 | 16.5% | 18.2% | ||
| Q2 25 | 16.3% | 17.0% | ||
| Q1 25 | 16.0% | 13.0% | ||
| Q4 24 | — | 12.5% | ||
| Q3 24 | 17.6% | 14.7% | ||
| Q2 24 | 17.6% | 12.5% | ||
| Q1 24 | — | 9.6% |
净利率CONSTRL
| Q4 25 | 6.4% | 11.6% | ||
| Q3 25 | 8.4% | 13.4% | ||
| Q2 25 | 8.1% | 11.6% | ||
| Q1 25 | 7.8% | 9.2% | ||
| Q4 24 | — | 22.7% | ||
| Q3 24 | 9.1% | 10.3% | ||
| Q2 24 | 10.8% | 8.9% | ||
| Q1 24 | — | 7.1% |
每股收益（稀释后）CONSTRL
| Q4 25 | $0.27 | $2.82 | ||
| Q3 25 | $0.38 | $2.97 | ||
| Q2 25 | $0.35 | $2.31 | ||
| Q1 25 | $0.30 | $1.28 | ||
| Q4 24 | — | $3.63 | ||
| Q3 24 | $0.37 | $1.97 | ||
| Q2 24 | $0.50 | $1.67 | ||
| Q1 24 | — | $1.00 |
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 | $390.7M |
| 总债务越低越好 | $1.6B | — |
| 股东权益账面价值 | $393.3M | $1.1B |
| 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CONSTRL
| Q4 25 | $79.9M | $390.7M | ||
| Q3 25 | $49.9M | $306.4M | ||
| Q2 25 | $73.9M | $699.4M | ||
| Q1 25 | $52.1M | $638.6M | ||
| Q4 24 | — | $664.2M | ||
| Q3 24 | $136.8M | $648.1M | ||
| Q2 24 | $50.7M | $540.0M | ||
| Q1 24 | — | $480.4M |
总债务CONSTRL
| 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CONSTRL
| Q4 25 | $393.3M | $1.1B | ||
| Q3 25 | $385.5M | $1.1B | ||
| Q2 25 | $342.6M | $881.7M | ||
| Q1 25 | $307.1M | $805.4M | ||
| Q4 24 | — | $808.1M | ||
| Q3 24 | $277.8M | $716.5M | ||
| Q2 24 | $1.2B | $670.7M | ||
| Q1 24 | — | $644.6M |
总资产CONSTRL
| Q4 25 | $2.9B | $2.6B | ||
| Q3 25 | $2.8B | $2.6B | ||
| Q2 25 | $2.8B | $2.2B | ||
| Q1 25 | $2.7B | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | $2.5B | $2.0B | ||
| Q2 24 | $2.4B | $2.0B | ||
| Q1 24 | — | $1.8B |
负债/权益比CONSTRL
| 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 | $186.1M |
| 自由现金流经营现金流 - 资本支出 | $98.5M | $159.7M |
| 自由现金流率自由现金流/营收 | 18.3% | 21.1% |
| 资本支出强度资本支出/营收 | 3.7% | 3.5% |
| 现金转化率经营现金流/净利润 | 3.42× | 2.12× |
| 过去12个月自由现金流最近4个季度 | $197.1M | $362.7M |
8季度趋势，按日历期对齐
经营现金流CONSTRL
| Q4 25 | $118.7M | $186.1M | ||
| Q3 25 | $60.6M | $83.6M | ||
| Q2 25 | $88.4M | $85.4M | ||
| Q1 25 | $11.7M | $84.9M | ||
| Q4 24 | — | $174.3M | ||
| Q3 24 | $65.9M | $152.3M | ||
| Q2 24 | — | $121.0M | ||
| Q1 24 | — | $49.6M |
自由现金流CONSTRL
| Q4 25 | $98.5M | $159.7M | ||
| Q3 25 | $39.4M | $64.0M | ||
| Q2 25 | $63.2M | $72.1M | ||
| Q1 25 | $-4.0M | $67.0M | ||
| Q4 24 | — | $158.6M | ||
| Q3 24 | $50.8M | $138.3M | ||
| Q2 24 | — | $92.1M | ||
| Q1 24 | — | $27.2M |
自由现金流率CONSTRL
| Q4 25 | 18.3% | 21.1% | ||
| Q3 25 | 6.9% | 9.3% | ||
| Q2 25 | 11.5% | 11.7% | ||
| Q1 25 | -0.8% | 15.5% | ||
| Q4 24 | — | 31.8% | ||
| Q3 24 | 10.4% | 23.3% | ||
| Q2 24 | — | 15.8% | ||
| Q1 24 | — | 6.2% |
资本支出强度CONSTRL
| Q4 25 | 3.7% | 3.5% | ||
| Q3 25 | 3.7% | 2.9% | ||
| Q2 25 | 4.6% | 2.2% | ||
| Q1 25 | 3.1% | 4.2% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | 3.1% | 2.4% | ||
| Q2 24 | — | 5.0% | ||
| Q1 24 | — | 5.1% |
现金转化率CONSTRL
| Q4 25 | 3.42× | 2.12× | ||
| Q3 25 | 1.26× | 0.91× | ||
| Q2 25 | 1.98× | 1.20× | ||
| Q1 25 | 0.30× | 2.15× | ||
| Q4 24 | — | 1.54× | ||
| Q3 24 | 1.49× | 2.48× | ||
| Q2 24 | — | 2.33× | ||
| Q1 24 | — | 1.60× |
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% |
STRL
| Lump Sum | $464.9M | 62% |
| Heavy Highway | $99.6M | 13% |
| Residential Construction | $70.4M | 9% |
| Road And Highway Builders LLC | $52.4M | 7% |
| Other Revenue | $36.6M | 5% |
| Aviation | $16.6M | 2% |
| Commercial | $11.4M | 2% |
| Related Party | $600.0K | 0% |
