vs
Concentra Group Holdings Parent, Inc.（CON）与STARWOOD PROPERTY TRUST, INC.（STWD）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STARWOOD PROPERTY TRUST, INC.的1.1倍（$539.1M vs $492.9M），STARWOOD PROPERTY TRUST, INC.净利率更高（19.7% vs 6.4%，领先13.2%）
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。
喜达屋酒店及度假村国际集团是全球规模最大的酒店企业之一，业务涵盖酒店、度假村、水疗中心、住宅及度假产权物业的持有、运营、特许经营与管理。集团前身为1969年成立的房地产投资信托基金，1995年完成收购重组，旗下共11个品牌，管理及特许经营的物业共计1297处。
CON vs STWD — 直观对比
营收规模更大
CON
是对方的1.1倍
$492.9M
净利率更高
STWD
高出13.2%
6.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $539.1M | $492.9M |
| 净利润 | $34.7M | $96.9M |
| 毛利率 | — | — |
| 营业利润率 | 12.9% | 26.6% |
| 净利率 | 6.4% | 19.7% |
| 营收同比 | — | 8.5% |
| 净利润同比 | — | 87.7% |
| 每股收益（稀释后） | $0.27 | $0.25 |
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CONSTWD
| Q4 25 | $539.1M | $492.9M | ||
| Q3 25 | $572.8M | $488.9M | ||
| Q2 25 | $550.8M | $444.3M | ||
| Q1 25 | $500.8M | $418.2M | ||
| Q4 24 | — | $454.4M | ||
| Q3 24 | $489.6M | $479.5M | ||
| Q2 24 | $477.9M | $489.8M | ||
| Q1 24 | — | $523.1M |
净利润CONSTWD
| Q4 25 | $34.7M | $96.9M | ||
| Q3 25 | $48.3M | $72.6M | ||
| Q2 25 | $44.6M | $129.8M | ||
| Q1 25 | $38.9M | $112.3M | ||
| Q4 24 | — | $51.6M | ||
| Q3 24 | $44.3M | $76.1M | ||
| Q2 24 | $51.7M | $77.9M | ||
| Q1 24 | — | $154.3M |
营业利润率CONSTWD
| Q4 25 | 12.9% | 26.6% | ||
| Q3 25 | 16.5% | 19.1% | ||
| Q2 25 | 16.3% | 30.5% | ||
| Q1 25 | 16.0% | 28.7% | ||
| Q4 24 | — | 15.1% | ||
| Q3 24 | 17.6% | 17.2% | ||
| Q2 24 | 17.6% | 19.1% | ||
| Q1 24 | — | 30.8% |
净利率CONSTWD
| Q4 25 | 6.4% | 19.7% | ||
| Q3 25 | 8.4% | 14.8% | ||
| Q2 25 | 8.1% | 29.2% | ||
| Q1 25 | 7.8% | 26.8% | ||
| Q4 24 | — | 11.4% | ||
| Q3 24 | 9.1% | 15.9% | ||
| Q2 24 | 10.8% | 15.9% | ||
| Q1 24 | — | 29.5% |
每股收益（稀释后）CONSTWD
| Q4 25 | $0.27 | $0.25 | ||
| Q3 25 | $0.38 | $0.19 | ||
| Q2 25 | $0.35 | $0.38 | ||
| Q1 25 | $0.30 | $0.33 | ||
| Q4 24 | — | $0.15 | ||
| Q3 24 | $0.37 | $0.23 | ||
| Q2 24 | $0.50 | $0.24 | ||
| Q1 24 | — | $0.48 |
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 | $499.5M |
| 总债务越低越好 | $1.6B | — |
| 股东权益账面价值 | $393.3M | $6.8B |
| 总资产 | $2.9B | $63.2B |
| 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CONSTWD
| Q4 25 | $79.9M | $499.5M | ||
| Q3 25 | $49.9M | $301.1M | ||
| Q2 25 | $73.9M | $259.9M | ||
| Q1 25 | $52.1M | $440.6M | ||
| Q4 24 | — | $377.8M | ||
| Q3 24 | $136.8M | $357.9M | ||
| Q2 24 | $50.7M | $259.3M | ||
| Q1 24 | — | $327.4M |
总债务CONSTWD
| 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CONSTWD
| Q4 25 | $393.3M | $6.8B | ||
| Q3 25 | $385.5M | $6.9B | ||
| Q2 25 | $342.6M | $6.4B | ||
| Q1 25 | $307.1M | $6.4B | ||
| Q4 24 | — | $6.4B | ||
| Q3 24 | $277.8M | $6.5B | ||
| Q2 24 | $1.2B | $6.2B | ||
| Q1 24 | — | $6.3B |
总资产CONSTWD
| Q4 25 | $2.9B | $63.2B | ||
| Q3 25 | $2.8B | $62.4B | ||
| Q2 25 | $2.8B | $62.4B | ||
| Q1 25 | $2.7B | $62.2B | ||
| Q4 24 | — | $62.6B | ||
| Q3 24 | $2.5B | $64.2B | ||
| Q2 24 | $2.4B | $64.1B | ||
| Q1 24 | — | $66.2B |
负债/权益比CONSTWD
| 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 | $488.8M |
| 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× | 5.04× |
| 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CONSTWD
| Q4 25 | $118.7M | $488.8M | ||
| Q3 25 | $60.6M | $337.6M | ||
| Q2 25 | $88.4M | $-87.4M | ||
| Q1 25 | $11.7M | $238.9M | ||
| Q4 24 | — | $295.6M | ||
| Q3 24 | $65.9M | $241.8M | ||
| Q2 24 | — | $53.3M | ||
| Q1 24 | — | $55.9M |
自由现金流CONSTWD
| 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CONSTWD
| 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CONSTWD
| 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CONSTWD
| Q4 25 | 3.42× | 5.04× | ||
| Q3 25 | 1.26× | 4.65× | ||
| Q2 25 | 1.98× | -0.67× | ||
| Q1 25 | 0.30× | 2.13× | ||
| Q4 24 | — | 5.72× | ||
| Q3 24 | 1.49× | 3.18× | ||
| Q2 24 | — | 0.68× | ||
| Q1 24 | — | 0.36× |
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% |
STWD
| Commercial And Residential Lending Segment | $335.2M | 68% |
| Infrastructure Lending Segment | $70.3M | 14% |
| Property Segment | $57.8M | 12% |
| Other | $29.7M | 6% |
