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COMMUNITY HEALTH SYSTEMS INC（CYH）与Raymond James Financial（RJF）财务数据对比。点击上方公司名可切换其他公司
Raymond James Financial的季度营收约是COMMUNITY HEALTH SYSTEMS INC的1.2倍（$3.9B vs $3.1B），Raymond James Financial净利率更高（14.1% vs 3.5%，领先10.6%），Raymond James Financial同比增速更快（13.0% vs -4.8%），过去两年Raymond James Financial的营收复合增速更高（1.3% 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。
雷蒙德詹姆斯金融是美国跨国独立投资银行及金融服务机构，通过旗下子公司为个人、企业及市政主体提供多元金融服务，核心业务覆盖投资与财务规划、投资银行、资产管理等领域，总部位于美国佛罗里达州圣彼得堡。
CYH vs RJF — 直观对比
营收规模更大
RJF
是对方的1.2倍
$3.1B
营收增速更快
RJF
高出17.8%
-4.8%
净利率更高
RJF
高出10.6%
3.5%
两年增速更快
RJF
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $3.9B |
| 净利润 | $110.0M | $544.0M |
| 毛利率 | 85.6% | — |
| 营业利润率 | 14.5% | — |
| 净利率 | 3.5% | 14.1% |
| 营收同比 | -4.8% | 13.0% |
| 净利润同比 | 254.9% | 10.0% |
| 每股收益（稀释后） | $0.82 | $2.83 |
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CYHRJF
| Q1 26 | — | $3.9B | ||
| Q4 25 | $3.1B | $4.2B | ||
| Q3 25 | $3.1B | $4.2B | ||
| Q2 25 | $3.1B | $3.8B | ||
| Q1 25 | $3.2B | $3.8B | ||
| Q4 24 | $3.3B | $4.0B | ||
| Q3 24 | $3.1B | $4.0B | ||
| Q2 24 | $3.1B | $3.8B |
净利润CYHRJF
| Q1 26 | — | $544.0M | ||
| Q4 25 | $110.0M | $563.0M | ||
| Q3 25 | $130.0M | $604.0M | ||
| Q2 25 | $282.0M | $436.0M | ||
| Q1 25 | $-13.0M | $495.0M | ||
| Q4 24 | $-71.0M | $600.0M | ||
| Q3 24 | $-391.0M | $602.0M | ||
| Q2 24 | $-13.0M | $492.0M |
毛利率CYHRJF
| Q1 26 | — | — | ||
| 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% | — |
营业利润率CYHRJF
| Q1 26 | — | — | ||
| Q4 25 | 14.5% | — | ||
| Q3 25 | 7.9% | — | ||
| Q2 25 | 16.3% | 14.7% | ||
| Q1 25 | 9.0% | 17.5% | ||
| Q4 24 | 8.5% | 18.6% | ||
| Q3 24 | -6.6% | — | ||
| Q2 24 | 7.6% | 17.1% |
净利率CYHRJF
| Q1 26 | — | 14.1% | ||
| Q4 25 | 3.5% | 13.5% | ||
| Q3 25 | 4.2% | 14.4% | ||
| Q2 25 | 9.0% | 11.3% | ||
| Q1 25 | -0.4% | 12.9% | ||
| Q4 24 | -2.2% | 14.9% | ||
| Q3 24 | -12.7% | 15.0% | ||
| Q2 24 | -0.4% | 13.1% |
每股收益（稀释后）CYHRJF
| Q1 26 | — | $2.83 | ||
| Q4 25 | $0.82 | $2.79 | ||
| Q3 25 | $0.96 | $2.96 | ||
| Q2 25 | $2.09 | $2.12 | ||
| Q1 25 | $-0.10 | $2.36 | ||
| Q4 24 | $-0.53 | $2.86 | ||
| Q3 24 | $-2.95 | $2.85 | ||
| Q2 24 | $-0.10 | $2.31 |
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 | $5.4B |
| 总债务越低越好 | $10.4B | — |
| 股东权益账面价值 | $-1.4B | $52.0M |
| 总资产 | $13.2B | $91.9B |
| 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CYHRJF
| Q1 26 | — | $5.4B | ||
| Q4 25 | $260.0M | $9.9B | ||
| Q3 25 | $123.0M | $11.4B | ||
| Q2 25 | $456.0M | $9.2B | ||
| Q1 25 | $431.0M | $9.7B | ||
| Q4 24 | $37.0M | $10.0B | ||
| Q3 24 | $33.0M | $11.0B | ||
| Q2 24 | $39.0M | $9.1B |
总债务CYHRJF
| Q1 26 | — | — | ||
| Q4 25 | $10.4B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $11.5B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CYHRJF
| Q1 26 | — | $52.0M | ||
| Q4 25 | $-1.4B | $12.6B | ||
| Q3 25 | $-1.5B | $12.5B | ||
| Q2 25 | $-1.6B | $12.3B | ||
| Q1 25 | $-1.9B | $12.2B | ||
| Q4 24 | $-1.9B | $11.9B | ||
| Q3 24 | $-1.8B | $11.7B | ||
| Q2 24 | $-1.4B | $11.2B |
总资产CYHRJF
| Q1 26 | — | $91.9B | ||
| Q4 25 | $13.2B | $88.8B | ||
| Q3 25 | $13.2B | $88.2B | ||
| Q2 25 | $13.6B | $84.8B | ||
| Q1 25 | $13.9B | $83.1B | ||
| Q4 24 | $14.1B | $82.3B | ||
| Q3 24 | $13.9B | $83.0B | ||
| Q2 24 | $14.4B | $80.6B |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $172.0M | — |
| 自由现金流率自由现金流/营收 | 5.5% | — |
| 资本支出强度资本支出/营收 | 3.0% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流CYHRJF
| Q1 26 | — | — | ||
| Q4 25 | $266.0M | $-10.0M | ||
| Q3 25 | $69.0M | $796.0M | ||
| Q2 25 | $88.0M | $691.0M | ||
| Q1 25 | $120.0M | $117.0M | ||
| Q4 24 | $216.0M | $830.0M | ||
| Q3 24 | $67.0M | $510.0M | ||
| Q2 24 | $101.0M | $711.0M |
自由现金流CYHRJF
| Q1 26 | — | — | ||
| Q4 25 | $172.0M | $-56.0M | ||
| Q3 25 | $4.0M | $752.0M | ||
| Q2 25 | $-3.0M | $634.0M | ||
| Q1 25 | $35.0M | $71.0M | ||
| Q4 24 | $107.0M | $789.0M | ||
| Q3 24 | $-3.0M | $460.0M | ||
| Q2 24 | $13.0M | $655.0M |
自由现金流率CYHRJF
| Q1 26 | — | — | ||
| Q4 25 | 5.5% | -1.3% | ||
| Q3 25 | 0.1% | 17.9% | ||
| Q2 25 | -0.1% | 16.5% | ||
| Q1 25 | 1.1% | 1.8% | ||
| Q4 24 | 3.3% | 19.6% | ||
| Q3 24 | -0.1% | 11.5% | ||
| Q2 24 | 0.4% | 17.4% |
资本支出强度CYHRJF
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 1.1% | ||
| Q3 25 | 2.1% | 1.1% | ||
| Q2 25 | 2.9% | 1.5% | ||
| Q1 25 | 2.7% | 1.2% | ||
| Q4 24 | 3.3% | 1.0% | ||
| Q3 24 | 2.3% | 1.2% | ||
| Q2 24 | 2.8% | 1.5% |
现金转化率CYHRJF
| Q1 26 | — | — | ||
| Q4 25 | 2.42× | -0.02× | ||
| Q3 25 | 0.53× | 1.32× | ||
| Q2 25 | 0.31× | 1.58× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | — | 1.38× | ||
| Q3 24 | — | 0.85× | ||
| Q2 24 | — | 1.45× |
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% |
RJF
| Private Client Group | $2.8B | 73% |
| Bank | $486.0M | 13% |
| Capital Markets | $464.0M | 12% |
| Other | $99.0M | 3% |
