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COMMUNITY HEALTH SYSTEMS INC（CYH）与福陆（FLR）财务数据对比。点击上方公司名可切换其他公司
福陆的季度营收约是COMMUNITY HEALTH SYSTEMS INC的1.3倍（$4.2B vs $3.1B），COMMUNITY HEALTH SYSTEMS INC净利率更高（3.5% vs -37.7%，领先41.2%），福陆同比增速更快（-2.0% vs -4.8%），COMMUNITY HEALTH SYSTEMS INC自由现金流更多（$172.0M vs $-378.0M），过去两年福陆的营收复合增速更高（5.7% vs -0.5%）
社区卫生系统公司总部位于美国田纳西州富兰克林，是财富500强企业。按急症护理机构数量计算，该公司曾是美国最大的综合医院医疗服务提供商。2014年它旗下有约200家医院，到2021年机构数量缩减至约85家。
福陆是总部位于美国得克萨斯州欧文市的工程建设企业，通过旗下子公司提供油气、工业与基础设施、政府项目及电力三大核心领域的服务，是《财富》世界500强中排名最高的上市工程建设企业，总排名位列第265位。
CYH vs FLR — 直观对比
营收规模更大
FLR
是对方的1.3倍
$3.1B
营收增速更快
FLR
高出2.8%
-4.8%
净利率更高
CYH
高出41.2%
-37.7%
自由现金流更多
CYH
多$550.0M
$-378.0M
两年增速更快
FLR
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $4.2B |
| 净利润 | $110.0M | $-1.6B |
| 毛利率 | 85.6% | 3.2% |
| 营业利润率 | 14.5% | 1.3% |
| 净利率 | 3.5% | -37.7% |
| 营收同比 | -4.8% | -2.0% |
| 净利润同比 | 254.9% | -184.4% |
| 每股收益（稀释后） | $0.82 | $-9.40 |
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CYHFLR
| Q4 25 | $3.1B | $4.2B | ||
| Q3 25 | $3.1B | $3.4B | ||
| Q2 25 | $3.1B | $4.0B | ||
| Q1 25 | $3.2B | $4.0B | ||
| Q4 24 | $3.3B | $4.3B | ||
| Q3 24 | $3.1B | $4.1B | ||
| Q2 24 | $3.1B | $4.2B | ||
| Q1 24 | $3.1B | $3.7B |
净利润CYHFLR
| Q4 25 | $110.0M | $-1.6B | ||
| Q3 25 | $130.0M | $-697.0M | ||
| Q2 25 | $282.0M | $2.5B | ||
| Q1 25 | $-13.0M | $-241.0M | ||
| Q4 24 | $-71.0M | $1.9B | ||
| Q3 24 | $-391.0M | $54.0M | ||
| Q2 24 | $-13.0M | $169.0M | ||
| Q1 24 | $-41.0M | $59.0M |
毛利率CYHFLR
| Q4 25 | 85.6% | 3.2% | ||
| Q3 25 | 85.1% | -13.3% | ||
| Q2 25 | 85.0% | 1.4% | ||
| Q1 25 | 84.5% | 3.5% | ||
| Q4 24 | 84.5% | 4.9% | ||
| Q3 24 | 84.8% | 2.1% | ||
| Q2 24 | 84.6% | 4.2% | ||
| Q1 24 | 84.5% | 2.7% |
营业利润率CYHFLR
| Q4 25 | 14.5% | 1.3% | ||
| Q3 25 | 7.9% | -14.7% | ||
| Q2 25 | 16.3% | -0.7% | ||
| Q1 25 | 9.0% | 2.3% | ||
| Q4 24 | 8.5% | 4.4% | ||
| Q3 24 | -6.6% | 1.2% | ||
| Q2 24 | 7.6% | 4.2% | ||
| Q1 24 | 7.4% | 1.4% |
净利率CYHFLR
| Q4 25 | 3.5% | -37.7% | ||
| Q3 25 | 4.2% | -20.7% | ||
| Q2 25 | 9.0% | 61.8% | ||
| Q1 25 | -0.4% | -6.1% | ||
| Q4 24 | -2.2% | 43.7% | ||
| Q3 24 | -12.7% | 1.3% | ||
| Q2 24 | -0.4% | 4.0% | ||
| Q1 24 | -1.3% | 1.6% |
每股收益（稀释后）CYHFLR
| Q4 25 | $0.82 | $-9.40 | ||
| Q3 25 | $0.96 | $-4.30 | ||
| Q2 25 | $2.09 | $14.81 | ||
| Q1 25 | $-0.10 | $-1.42 | ||
| Q4 24 | $-0.53 | $10.68 | ||
| Q3 24 | $-2.95 | $0.31 | ||
| Q2 24 | $-0.10 | $0.97 | ||
| Q1 24 | $-0.32 | $0.34 |
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 | $260.0M | $2.2B |
| 总债务越低越好 | $10.4B | — |
| 股东权益账面价值 | $-1.4B | $3.2B |
| 总资产 | $13.2B | $8.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CYHFLR
| Q4 25 | $260.0M | $2.2B | ||
| Q3 25 | $123.0M | $2.8B | ||
| Q2 25 | $456.0M | $2.3B | ||
| Q1 25 | $431.0M | $2.5B | ||
| Q4 24 | $37.0M | $3.0B | ||
| Q3 24 | $33.0M | $3.0B | ||
| Q2 24 | $39.0M | $2.7B | ||
| Q1 24 | $48.0M | $2.4B |
总债务CYHFLR
| Q4 25 | $10.4B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $11.5B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CYHFLR
| Q4 25 | $-1.4B | $3.2B | ||
| Q3 25 | $-1.5B | $5.2B | ||
| Q2 25 | $-1.6B | $5.9B | ||
| Q1 25 | $-1.9B | $3.6B | ||
| Q4 24 | $-1.9B | $3.9B | ||
| Q3 24 | $-1.8B | $2.3B | ||
| Q2 24 | $-1.4B | $2.1B | ||
| Q1 24 | $-1.4B | $2.0B |
总资产CYHFLR
| Q4 25 | $13.2B | $8.2B | ||
| Q3 25 | $13.2B | $11.5B | ||
| Q2 25 | $13.6B | $11.8B | ||
| Q1 25 | $13.9B | $8.4B | ||
| Q4 24 | $14.1B | $9.1B | ||
| Q3 24 | $13.9B | $7.1B | ||
| Q2 24 | $14.4B | $6.8B | ||
| Q1 24 | $14.4B | $6.7B |
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 | $266.0M | $-366.0M |
| 自由现金流经营现金流 - 资本支出 | $172.0M | $-378.0M |
| 自由现金流率自由现金流/营收 | 5.5% | -9.1% |
| 资本支出强度资本支出/营收 | 3.0% | 0.3% |
| 现金转化率经营现金流/净利润 | 2.42× | — |
| 过去12个月自由现金流最近4个季度 | $208.0M | $-437.0M |
8季度趋势，按日历期对齐
经营现金流CYHFLR
| Q4 25 | $266.0M | $-366.0M | ||
| Q3 25 | $69.0M | $286.0M | ||
| Q2 25 | $88.0M | $-21.0M | ||
| Q1 25 | $120.0M | $-286.0M | ||
| Q4 24 | $216.0M | $327.0M | ||
| Q3 24 | $67.0M | $330.0M | ||
| Q2 24 | $101.0M | $282.0M | ||
| Q1 24 | $96.0M | $-111.0M |
自由现金流CYHFLR
| Q4 25 | $172.0M | $-378.0M | ||
| Q3 25 | $4.0M | $273.0M | ||
| Q2 25 | $-3.0M | $-35.0M | ||
| Q1 25 | $35.0M | $-297.0M | ||
| Q4 24 | $107.0M | $296.0M | ||
| Q3 24 | $-3.0M | $279.0M | ||
| Q2 24 | $13.0M | $234.0M | ||
| Q1 24 | $3.0M | $-145.0M |
自由现金流率CYHFLR
| Q4 25 | 5.5% | -9.1% | ||
| Q3 25 | 0.1% | 8.1% | ||
| Q2 25 | -0.1% | -0.9% | ||
| Q1 25 | 1.1% | -7.5% | ||
| Q4 24 | 3.3% | 6.9% | ||
| Q3 24 | -0.1% | 6.8% | ||
| Q2 24 | 0.4% | 5.5% | ||
| Q1 24 | 0.1% | -3.9% |
资本支出强度CYHFLR
| Q4 25 | 3.0% | 0.3% | ||
| Q3 25 | 2.1% | 0.4% | ||
| Q2 25 | 2.9% | 0.4% | ||
| Q1 25 | 2.7% | 0.3% | ||
| Q4 24 | 3.3% | 0.7% | ||
| Q3 24 | 2.3% | 1.2% | ||
| Q2 24 | 2.8% | 1.1% | ||
| Q1 24 | 3.0% | 0.9% |
现金转化率CYHFLR
| Q4 25 | 2.42× | — | ||
| Q3 25 | 0.53× | — | ||
| Q2 25 | 0.31× | -0.01× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 6.11× | ||
| Q2 24 | — | 1.67× | ||
| Q1 24 | — | -1.88× |
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
CYH
| Managed Care And Other Third Party Payors | $1.5B | 49% |
| Medicare Managed Care | $570.0M | 18% |
| Medicare | $512.0M | 16% |
| Medicaid | $464.0M | 15% |
| Self Pay Revenue | $34.0M | 1% |
FLR
| Urban Solutions Segment | $2.6B | 63% |
| Energy Solutions Segment | $943.0M | 23% |
| Mission Solutions Segment | $600.0M | 14% |
