vs
COMMUNITY HEALTH SYSTEMS INC（CYH）与切尼尔能源（LNG）财务数据对比。点击上方公司名可切换其他公司
切尼尔能源的季度营收约是COMMUNITY HEALTH SYSTEMS INC的1.7倍（$5.4B vs $3.1B），切尼尔能源净利率更高（42.8% vs 3.5%，领先39.3%），切尼尔能源同比增速更快（20.3% vs -4.8%），切尼尔能源自由现金流更多（$1.3B vs $172.0M），过去两年切尼尔能源的营收复合增速更高（14.3% 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。
切尼尔能源（Cheniere Energy, Inc.）是总部位于美国得克萨斯州休斯敦的液化天然气（LNG）企业，专注于液化天然气的生产与供应业务，是北美地区颇具影响力的能源行业参与者。
CYH vs LNG — 直观对比
营收规模更大
LNG
是对方的1.7倍
$3.1B
营收增速更快
LNG
高出25.1%
-4.8%
净利率更高
LNG
高出39.3%
3.5%
自由现金流更多
LNG
多$1.1B
$172.0M
两年增速更快
LNG
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $5.4B |
| 净利润 | $110.0M | $2.3B |
| 毛利率 | 85.6% | — |
| 营业利润率 | 14.5% | 70.8% |
| 净利率 | 3.5% | 42.8% |
| 营收同比 | -4.8% | 20.3% |
| 净利润同比 | 254.9% | 135.6% |
| 每股收益（稀释后） | $0.82 | $10.51 |
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CYHLNG
| Q4 25 | $3.1B | $5.4B | ||
| Q3 25 | $3.1B | $4.3B | ||
| Q2 25 | $3.1B | $4.5B | ||
| Q1 25 | $3.2B | $5.3B | ||
| Q4 24 | $3.3B | $4.5B | ||
| Q3 24 | $3.1B | $3.7B | ||
| Q2 24 | $3.1B | $3.1B | ||
| Q1 24 | $3.1B | $4.1B |
净利润CYHLNG
| Q4 25 | $110.0M | $2.3B | ||
| Q3 25 | $130.0M | $1.0B | ||
| Q2 25 | $282.0M | $1.6B | ||
| Q1 25 | $-13.0M | $353.0M | ||
| Q4 24 | $-71.0M | $977.0M | ||
| Q3 24 | $-391.0M | $893.0M | ||
| Q2 24 | $-13.0M | $880.0M | ||
| Q1 24 | $-41.0M | $502.0M |
毛利率CYHLNG
| Q4 25 | 85.6% | — | ||
| Q3 25 | 85.1% | — | ||
| Q2 25 | 85.0% | — | ||
| Q1 25 | 84.5% | — | ||
| Q4 24 | 84.5% | — | ||
| Q3 24 | 84.8% | — | ||
| Q2 24 | 84.6% | — | ||
| Q1 24 | 84.5% | — |
营业利润率CYHLNG
| Q4 25 | 14.5% | 70.8% | ||
| Q3 25 | 7.9% | 42.3% | ||
| Q2 25 | 16.3% | 56.1% | ||
| Q1 25 | 9.0% | 18.2% | ||
| Q4 24 | 8.5% | 38.9% | ||
| Q3 24 | -6.6% | 44.7% | ||
| Q2 24 | 7.6% | 50.5% | ||
| Q1 24 | 7.4% | 28.0% |
净利率CYHLNG
| Q4 25 | 3.5% | 42.8% | ||
| Q3 25 | 4.2% | 24.4% | ||
| Q2 25 | 9.0% | 36.1% | ||
| Q1 25 | -0.4% | 6.7% | ||
| Q4 24 | -2.2% | 21.9% | ||
| Q3 24 | -12.7% | 24.2% | ||
| Q2 24 | -0.4% | 28.0% | ||
| Q1 24 | -1.3% | 12.2% |
每股收益（稀释后）CYHLNG
| Q4 25 | $0.82 | $10.51 | ||
| Q3 25 | $0.96 | $4.75 | ||
| Q2 25 | $2.09 | $7.30 | ||
| Q1 25 | $-0.10 | $1.57 | ||
| Q4 24 | $-0.53 | $4.30 | ||
| Q3 24 | $-2.95 | $3.93 | ||
| Q2 24 | $-0.10 | $3.84 | ||
| Q1 24 | $-0.32 | $2.13 |
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 | $1.1B |
| 总债务越低越好 | $10.4B | $22.5B |
| 股东权益账面价值 | $-1.4B | $7.9B |
| 总资产 | $13.2B | $47.9B |
| 负债/权益比越低杠杆越低 | — | 2.84× |
8季度趋势，按日历期对齐
现金及短期投资CYHLNG
| Q4 25 | $260.0M | $1.1B | ||
| Q3 25 | $123.0M | $1.1B | ||
| Q2 25 | $456.0M | $1.6B | ||
| Q1 25 | $431.0M | $2.5B | ||
| Q4 24 | $37.0M | $2.6B | ||
| Q3 24 | $33.0M | $2.7B | ||
| Q2 24 | $39.0M | $2.4B | ||
| Q1 24 | $48.0M | $4.4B |
总债务CYHLNG
| Q4 25 | $10.4B | $22.5B | ||
| Q3 25 | — | $22.0B | ||
| Q2 25 | — | $22.0B | ||
| Q1 25 | — | $22.5B | ||
| Q4 24 | $11.5B | $22.6B | ||
| Q3 24 | — | $22.5B | ||
| Q2 24 | — | $22.6B | ||
| Q1 24 | — | $21.4B |
股东权益CYHLNG
| Q4 25 | $-1.4B | $7.9B | ||
| Q3 25 | $-1.5B | $6.7B | ||
| Q2 25 | $-1.6B | $6.7B | ||
| Q1 25 | $-1.9B | $5.6B | ||
| Q4 24 | $-1.9B | $5.7B | ||
| Q3 24 | $-1.8B | $5.1B | ||
| Q2 24 | $-1.4B | $4.5B | ||
| Q1 24 | $-1.4B | $4.3B |
总资产CYHLNG
| Q4 25 | $13.2B | $47.9B | ||
| Q3 25 | $13.2B | $45.1B | ||
| Q2 25 | $13.6B | $44.6B | ||
| Q1 25 | $13.9B | $43.5B | ||
| Q4 24 | $14.1B | $43.9B | ||
| Q3 24 | $13.9B | $43.1B | ||
| Q2 24 | $14.4B | $42.3B | ||
| Q1 24 | $14.4B | $42.9B |
负债/权益比CYHLNG
| Q4 25 | — | 2.84× | ||
| Q3 25 | — | 3.25× | ||
| Q2 25 | — | 3.28× | ||
| Q1 25 | — | 4.03× | ||
| Q4 24 | — | 3.96× | ||
| Q3 24 | — | 4.42× | ||
| Q2 24 | — | 5.06× | ||
| Q1 24 | — | 5.04× |
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 | $2.1B |
| 自由现金流经营现金流 - 资本支出 | $172.0M | $1.3B |
| 自由现金流率自由现金流/营收 | 5.5% | 24.4% |
| 资本支出强度资本支出/营收 | 3.0% | 13.8% |
| 现金转化率经营现金流/净利润 | 2.42× | 0.89× |
| 过去12个月自由现金流最近4个季度 | $208.0M | $2.5B |
8季度趋势，按日历期对齐
经营现金流CYHLNG
| Q4 25 | $266.0M | $2.1B | ||
| Q3 25 | $69.0M | $1.4B | ||
| Q2 25 | $88.0M | $831.0M | ||
| Q1 25 | $120.0M | $1.2B | ||
| Q4 24 | $216.0M | $1.6B | ||
| Q3 24 | $67.0M | $1.4B | ||
| Q2 24 | $101.0M | $1.1B | ||
| Q1 24 | $96.0M | $1.2B |
自由现金流CYHLNG
| Q4 25 | $172.0M | $1.3B | ||
| Q3 25 | $4.0M | $738.0M | ||
| Q2 25 | $-3.0M | $-193.0M | ||
| Q1 25 | $35.0M | $605.0M | ||
| Q4 24 | $107.0M | $1.1B | ||
| Q3 24 | $-3.0M | $875.0M | ||
| Q2 24 | $13.0M | $613.0M | ||
| Q1 24 | $3.0M | $596.0M |
自由现金流率CYHLNG
| Q4 25 | 5.5% | 24.4% | ||
| Q3 25 | 0.1% | 17.2% | ||
| Q2 25 | -0.1% | -4.3% | ||
| Q1 25 | 1.1% | 11.4% | ||
| Q4 24 | 3.3% | 24.0% | ||
| Q3 24 | -0.1% | 23.8% | ||
| Q2 24 | 0.4% | 19.5% | ||
| Q1 24 | 0.1% | 14.5% |
资本支出强度CYHLNG
| Q4 25 | 3.0% | 13.8% | ||
| Q3 25 | 2.1% | 16.0% | ||
| Q2 25 | 2.9% | 22.7% | ||
| Q1 25 | 2.7% | 11.8% | ||
| Q4 24 | 3.3% | 12.7% | ||
| Q3 24 | 2.3% | 14.0% | ||
| Q2 24 | 2.8% | 16.0% | ||
| Q1 24 | 3.0% | 15.8% |
现金转化率CYHLNG
| Q4 25 | 2.42× | 0.89× | ||
| Q3 25 | 0.53× | 1.36× | ||
| Q2 25 | 0.31× | 0.51× | ||
| Q1 25 | — | 3.48× | ||
| Q4 24 | — | 1.68× | ||
| Q3 24 | — | 1.56× | ||
| Q2 24 | — | 1.27× | ||
| Q1 24 | — | 2.48× |
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% |
LNG
| Liquefied Natural Gas | $5.3B | 99% |
| Other | $103.0M | 2% |
| Regasification Service | $34.0M | 1% |
