vs
Cooper-Standard Holdings Inc.（CPS）与Surgery Partners, Inc.（SGRY）财务数据对比。点击上方公司名可切换其他公司
Surgery Partners, Inc.的季度营收约是Cooper-Standard Holdings Inc.的1.3倍（$885.0M vs $672.4M），Cooper-Standard Holdings Inc.净利率更高（0.5% vs -1.7%，领先2.2%），Surgery Partners, Inc.同比增速更快（2.4% vs 1.8%），Surgery Partners, Inc.自由现金流更多（$90.6M vs $44.6M）
库博标准控股是全球领先的汽车零部件供应商，总部位于美国密歇根州诺维。公司主营产品包括橡塑密封件、燃油管、制动管、流体输送软管以及减震系统，目前在全球20个国家开展业务，拥有约3.2万名员工。
Surgery Partners, Inc.（NASDAQ代码：SGRY）旗下的United Surgical Partners International（USPI）是美国领先的日间手术护理服务商，总部位于得克萨斯州达拉斯，由唐·斯廷于1998年创立，专注于为患者提供便捷、高效的门诊外科医疗服务，运营多家合规手术中心，覆盖美国多地医疗需求场景。
CPS vs SGRY — 直观对比
营收规模更大
SGRY
是对方的1.3倍
$672.4M
营收增速更快
SGRY
高出0.6%
1.8%
净利率更高
CPS
高出2.2%
-1.7%
自由现金流更多
SGRY
多$46.0M
$44.6M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $672.4M | $885.0M |
| 净利润 | $3.3M | $-15.0M |
| 毛利率 | 10.4% | — |
| 营业利润率 | 0.1% | 12.5% |
| 净利率 | 0.5% | -1.7% |
| 营收同比 | 1.8% | 2.4% |
| 净利润同比 | -91.7% | 86.2% |
| 每股收益（稀释后） | $0.19 | $-0.11 |
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CPSSGRY
| Q4 25 | $672.4M | $885.0M | ||
| Q3 25 | $695.5M | $821.5M | ||
| Q2 25 | $706.0M | $826.2M | ||
| Q1 25 | $667.1M | $776.0M | ||
| Q4 24 | $660.8M | $864.4M | ||
| Q3 24 | — | $770.4M | ||
| Q2 24 | — | $762.1M | ||
| Q1 24 | $0 | $717.4M |
净利润CPSSGRY
| Q4 25 | $3.3M | $-15.0M | ||
| Q3 25 | $-7.6M | $-22.7M | ||
| Q2 25 | $-1.4M | $-2.5M | ||
| Q1 25 | $1.6M | $-37.7M | ||
| Q4 24 | $40.2M | $-108.5M | ||
| Q3 24 | — | $-31.7M | ||
| Q2 24 | — | $-15.5M | ||
| Q1 24 | $-31.7M | $-12.4M |
毛利率CPSSGRY
| Q4 25 | 10.4% | — | ||
| Q3 25 | 12.5% | — | ||
| Q2 25 | 13.2% | — | ||
| Q1 25 | 11.6% | — | ||
| Q4 24 | 12.4% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率CPSSGRY
| Q4 25 | 0.1% | 12.5% | ||
| Q3 25 | 3.8% | 12.9% | ||
| Q2 25 | 5.3% | 13.5% | ||
| Q1 25 | 3.3% | 8.0% | ||
| Q4 24 | 4.8% | 14.7% | ||
| Q3 24 | — | 7.9% | ||
| Q2 24 | — | 11.1% | ||
| Q1 24 | — | 10.6% |
净利率CPSSGRY
| Q4 25 | 0.5% | -1.7% | ||
| Q3 25 | -1.1% | -2.8% | ||
| Q2 25 | -0.2% | -0.3% | ||
| Q1 25 | 0.2% | -4.9% | ||
| Q4 24 | 6.1% | -12.6% | ||
| Q3 24 | — | -4.1% | ||
| Q2 24 | — | -2.0% | ||
| Q1 24 | — | -1.7% |
每股收益（稀释后）CPSSGRY
| Q4 25 | $0.19 | $-0.11 | ||
| Q3 25 | $-0.43 | $-0.18 | ||
| Q2 25 | $-0.08 | $-0.02 | ||
| Q1 25 | $0.09 | $-0.30 | ||
| Q4 24 | $2.30 | $-0.86 | ||
| Q3 24 | — | $-0.25 | ||
| Q2 24 | — | $-0.12 | ||
| Q1 24 | $-1.81 | $-0.10 |
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 | $191.7M | $239.9M |
| 总债务越低越好 | $1.0B | $3.6B |
| 股东权益账面价值 | $-83.5M | $1.7B |
| 总资产 | $1.8B | $8.1B |
| 负债/权益比越低杠杆越低 | — | 2.10× |
8季度趋势，按日历期对齐
现金及短期投资CPSSGRY
| Q4 25 | $191.7M | $239.9M | ||
| Q3 25 | $147.6M | $203.4M | ||
| Q2 25 | $121.6M | $250.1M | ||
| Q1 25 | $140.4M | $229.3M | ||
| Q4 24 | $170.0M | $269.5M | ||
| Q3 24 | — | $221.8M | ||
| Q2 24 | — | $213.5M | ||
| Q1 24 | $114.2M | $185.2M |
总债务CPSSGRY
| Q4 25 | $1.0B | $3.6B | ||
| Q3 25 | $1.1B | $3.5B | ||
| Q2 25 | $1.1B | $3.5B | ||
| Q1 25 | $1.1B | $3.4B | ||
| Q4 24 | $1.1B | $3.3B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $3.0B | ||
| Q1 24 | $1.1B | $2.8B |
股东权益CPSSGRY
| Q4 25 | $-83.5M | $1.7B | ||
| Q3 25 | $-102.3M | $1.7B | ||
| Q2 25 | $-97.6M | $1.7B | ||
| Q1 25 | $-114.7M | $1.7B | ||
| Q4 24 | $-125.8M | $1.8B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | $-115.8M | $2.0B |
总资产CPSSGRY
| Q4 25 | $1.8B | $8.1B | ||
| Q3 25 | $1.9B | $7.9B | ||
| Q2 25 | $1.8B | $8.0B | ||
| Q1 25 | $1.8B | $7.9B | ||
| Q4 24 | $1.7B | $7.9B | ||
| Q3 24 | — | $7.5B | ||
| Q2 24 | — | $7.5B | ||
| Q1 24 | $1.8B | $7.0B |
负债/权益比CPSSGRY
| Q4 25 | — | 2.10× | ||
| Q3 25 | — | 2.00× | ||
| Q2 25 | — | 1.98× | ||
| Q1 25 | — | 1.98× | ||
| Q4 24 | — | 1.83× | ||
| Q3 24 | — | 1.63× | ||
| Q2 24 | — | 1.56× | ||
| Q1 24 | — | 1.42× |
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 | $56.2M | $103.4M |
| 自由现金流经营现金流 - 资本支出 | $44.6M | $90.6M |
| 自由现金流率自由现金流/营收 | 6.6% | 10.2% |
| 资本支出强度资本支出/营收 | 1.7% | 1.4% |
| 现金转化率经营现金流/净利润 | 16.90× | — |
| 过去12个月自由现金流最近4个季度 | $16.3M | $195.6M |
8季度趋势，按日历期对齐
经营现金流CPSSGRY
| Q4 25 | $56.2M | $103.4M | ||
| Q3 25 | $38.6M | $83.6M | ||
| Q2 25 | $-15.6M | $81.3M | ||
| Q1 25 | $-14.9M | $6.0M | ||
| Q4 24 | $74.7M | $111.4M | ||
| Q3 24 | — | $65.2M | ||
| Q2 24 | — | $82.8M | ||
| Q1 24 | $-14.2M | $40.7M |
自由现金流CPSSGRY
| Q4 25 | $44.6M | $90.6M | ||
| Q3 25 | $27.4M | $63.8M | ||
| Q2 25 | $-23.4M | $57.9M | ||
| Q1 25 | $-32.4M | $-16.7M | ||
| Q4 24 | $63.2M | $89.1M | ||
| Q3 24 | — | $45.0M | ||
| Q2 24 | — | $55.9M | ||
| Q1 24 | $-31.0M | $19.7M |
自由现金流率CPSSGRY
| Q4 25 | 6.6% | 10.2% | ||
| Q3 25 | 3.9% | 7.8% | ||
| Q2 25 | -3.3% | 7.0% | ||
| Q1 25 | -4.9% | -2.2% | ||
| Q4 24 | 9.6% | 10.3% | ||
| Q3 24 | — | 5.8% | ||
| Q2 24 | — | 7.3% | ||
| Q1 24 | — | 2.7% |
资本支出强度CPSSGRY
| Q4 25 | 1.7% | 1.4% | ||
| Q3 25 | 1.6% | 2.4% | ||
| Q2 25 | 1.1% | 2.8% | ||
| Q1 25 | 2.6% | 2.9% | ||
| Q4 24 | 1.7% | 2.6% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | 3.5% | ||
| Q1 24 | — | 2.9% |
现金转化率CPSSGRY
| Q4 25 | 16.90× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -9.57× | — | ||
| Q4 24 | 1.86× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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
CPS
| Sealing Systems | $357.8M | 53% |
| Fluid Handling Systems | $297.1M | 44% |
| Corporate And Other Segment | $17.4M | 3% |
| Commercial | $6.6M | 1% |
SGRY
| Private Insurance | $460.5M | 52% |
| Government Revenue | $368.6M | 42% |
| Other | $19.8M | 2% |
| Self Pay Revenue | $19.6M | 2% |
| Other Patient Service Revenue Sources | $16.5M | 2% |
