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Concentra Group Holdings Parent, Inc.（CON）与ADVANCED DRAINAGE SYSTEMS, INC.（WMS）财务数据对比。点击上方公司名可切换其他公司
ADVANCED DRAINAGE SYSTEMS, INC.的季度营收约是Concentra Group Holdings Parent, Inc.的1.2倍（$693.4M vs $569.6M），ADVANCED DRAINAGE SYSTEMS, INC.净利率更高（13.5% vs 9.2%，领先4.3%），Concentra Group Holdings Parent, Inc.同比增速更快（13.7% vs 0.4%），ADVANCED DRAINAGE SYSTEMS, INC.自由现金流更多（$183.6M vs $9.9M）
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。
Advanced Drainage Systems（简称ADS）是一家美国企业，主营聚丙烯、聚乙烯管材，塑料渗滤场系统、化粪池及配套配件、雨水调蓄设施、PVC排水构件、管件、水过滤与分离设备的设计、生产及销售，是美国规模最大的高密度聚乙烯管道生产商，总部位于俄亥俄州希利厄德。
CON vs WMS — 直观对比
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $569.6M | $693.4M |
| 净利润 | $52.3M | $93.6M |
| 毛利率 | — | 37.4% |
| 营业利润率 | 16.8% | 19.7% |
| 净利率 | 9.2% | 13.5% |
| 营收同比 | 13.7% | 0.4% |
| 净利润同比 | 28.7% | 15.3% |
| 每股收益（稀释后） | $0.39 | $1.19 |
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
| Q1 26 | $569.6M | — | ||
| Q4 25 | $539.1M | $693.4M | ||
| Q3 25 | $572.8M | $850.4M | ||
| Q2 25 | $550.8M | $829.9M | ||
| Q1 25 | $500.8M | $615.8M | ||
| Q4 24 | — | $690.5M | ||
| Q3 24 | $489.6M | $782.6M | ||
| Q2 24 | $477.9M | $815.3M |
| Q1 26 | $52.3M | — | ||
| Q4 25 | $34.7M | $93.6M | ||
| Q3 25 | $48.3M | $156.0M | ||
| Q2 25 | $44.6M | $143.9M | ||
| Q1 25 | $38.9M | $77.2M | ||
| Q4 24 | — | $81.2M | ||
| Q3 24 | $44.3M | $130.4M | ||
| Q2 24 | $51.7M | $161.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | 37.4% | ||
| Q3 25 | — | 40.0% | ||
| Q2 25 | — | 39.8% | ||
| Q1 25 | — | 36.7% | ||
| Q4 24 | — | 35.0% | ||
| Q3 24 | — | 37.6% | ||
| Q2 24 | — | 40.8% |
| Q1 26 | 16.8% | — | ||
| Q4 25 | 12.9% | 19.7% | ||
| Q3 25 | 16.5% | 26.3% | ||
| Q2 25 | 16.3% | 24.8% | ||
| Q1 25 | 16.0% | 19.0% | ||
| Q4 24 | — | 18.4% | ||
| Q3 24 | 17.6% | 23.9% | ||
| Q2 24 | 17.6% | 27.7% |
| Q1 26 | 9.2% | — | ||
| Q4 25 | 6.4% | 13.5% | ||
| Q3 25 | 8.4% | 18.3% | ||
| Q2 25 | 8.1% | 17.3% | ||
| Q1 25 | 7.8% | 12.5% | ||
| Q4 24 | — | 11.8% | ||
| Q3 24 | 9.1% | 16.7% | ||
| Q2 24 | 10.8% | 19.8% |
| Q1 26 | $0.39 | — | ||
| Q4 25 | $0.27 | $1.19 | ||
| Q3 25 | $0.38 | $1.99 | ||
| Q2 25 | $0.35 | $1.84 | ||
| Q1 25 | $0.30 | $0.99 | ||
| Q4 24 | — | $1.04 | ||
| Q3 24 | $0.37 | $1.67 | ||
| Q2 24 | $0.50 | $2.06 |
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 | — | $1.0B |
| 总债务越低越好 | $1.6B | — |
| 股东权益账面价值 | $424.7M | $1.9B |
| 总资产 | $2.9B | $4.1B |
| 负债/权益比越低杠杆越低 | 3.68× | — |
8季度趋势，按日历期对齐
| Q1 26 | — | — | ||
| Q4 25 | $79.9M | $1.0B | ||
| Q3 25 | $49.9M | $812.9M | ||
| Q2 25 | $73.9M | $638.3M | ||
| Q1 25 | $52.1M | $463.3M | ||
| Q4 24 | — | $488.9M | ||
| Q3 24 | $136.8M | $613.0M | ||
| Q2 24 | $50.7M | $541.6M |
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.6B | $1.3B | ||
| Q4 24 | — | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $3.0M | — |
| Q1 26 | $424.7M | — | ||
| Q4 25 | $393.3M | $1.9B | ||
| Q3 25 | $385.5M | $1.8B | ||
| Q2 25 | $342.6M | $1.7B | ||
| Q1 25 | $307.1M | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | $277.8M | $1.4B | ||
| Q2 24 | $1.2B | $1.3B |
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $4.1B | ||
| Q3 25 | $2.8B | $4.1B | ||
| Q2 25 | $2.8B | $3.9B | ||
| Q1 25 | $2.7B | $3.7B | ||
| Q4 24 | — | $3.6B | ||
| Q3 24 | $2.5B | $3.5B | ||
| Q2 24 | $2.4B | $3.4B |
| Q1 26 | 3.68× | — | ||
| Q4 25 | 3.98× | — | ||
| Q3 25 | 4.15× | — | ||
| Q2 25 | 4.82× | — | ||
| Q1 25 | 5.27× | 0.83× | ||
| 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 | $269.3M |
| 自由现金流经营现金流 - 资本支出 | $9.9M | $183.6M |
| 自由现金流率自由现金流/营收 | 1.7% | 26.5% |
| 资本支出强度资本支出/营收 | — | 12.4% |
| 现金转化率经营现金流/净利润 | 0.40× | 2.88× |
| 过去12个月自由现金流最近4个季度 | $211.0M | $577.1M |
8季度趋势，按日历期对齐
| Q1 26 | $21.0M | — | ||
| Q4 25 | $118.7M | $269.3M | ||
| Q3 25 | $60.6M | $234.9M | ||
| Q2 25 | $88.4M | $275.0M | ||
| Q1 25 | $11.7M | $41.2M | ||
| Q4 24 | — | $189.9M | ||
| Q3 24 | $65.9M | $166.9M | ||
| Q2 24 | — | $183.4M |
| Q1 26 | $9.9M | — | ||
| Q4 25 | $98.5M | $183.6M | ||
| Q3 25 | $39.4M | $176.4M | ||
| Q2 25 | $63.2M | $222.4M | ||
| Q1 25 | $-4.0M | $-5.3M | ||
| Q4 24 | — | $135.7M | ||
| Q3 24 | $50.8M | $112.4M | ||
| Q2 24 | — | $125.7M |
| Q1 26 | 1.7% | — | ||
| Q4 25 | 18.3% | 26.5% | ||
| Q3 25 | 6.9% | 20.7% | ||
| Q2 25 | 11.5% | 26.8% | ||
| Q1 25 | -0.8% | -0.9% | ||
| Q4 24 | — | 19.7% | ||
| Q3 24 | 10.4% | 14.4% | ||
| Q2 24 | — | 15.4% |
| Q1 26 | — | — | ||
| Q4 25 | 3.7% | 12.4% | ||
| Q3 25 | 3.7% | 6.9% | ||
| Q2 25 | 4.6% | 6.3% | ||
| Q1 25 | 3.1% | 7.6% | ||
| Q4 24 | — | 7.9% | ||
| Q3 24 | 3.1% | 7.0% | ||
| Q2 24 | — | 7.1% |
| Q1 26 | 0.40× | — | ||
| Q4 25 | 3.42× | 2.88× | ||
| Q3 25 | 1.26× | 1.51× | ||
| Q2 25 | 1.98× | 1.91× | ||
| Q1 25 | 0.30× | 0.53× | ||
| Q4 24 | — | 2.34× | ||
| Q3 24 | 1.49× | 1.28× | ||
| Q2 24 | — | 1.14× |
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% |
WMS
| Reportable Segment Aggregation Before Other Operating Segment | $557.3M | 80% |
| Other | $85.5M | 12% |
| Pipe | $35.5M | 5% |
| Allied Products And Other | $15.0M | 2% |
