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COMMUNITY HEALTH SYSTEMS INC（CYH）与Wabtec（WAB）财务数据对比。点击上方公司名可切换其他公司
COMMUNITY HEALTH SYSTEMS INC的季度营收约是Wabtec的1.1倍（$3.1B vs $3.0B），Wabtec净利率更高（12.3% vs 3.5%，领先8.8%），Wabtec同比增速更快（13.0% vs -4.8%），过去两年Wabtec的营收复合增速更高（5.6% 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。
西屋空气制动技术公司（通称Wabtec）是美国知名轨道交通设备企业，1999年由西屋空气制动公司（WABCO）与动力设备厂商MotivePower合并组建，总部设于宾夕法尼亚州匹兹堡，在全球轨交制动系统、牵引动力设备等领域拥有领先的技术实力与市场份额。
CYH vs WAB — 直观对比
营收规模更大
CYH
是对方的1.1倍
$3.0B
营收增速更快
WAB
高出17.9%
-4.8%
净利率更高
WAB
高出8.8%
3.5%
两年增速更快
WAB
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $3.0B |
| 净利润 | $110.0M | $363.0M |
| 毛利率 | 85.6% | 36.0% |
| 营业利润率 | 14.5% | 17.5% |
| 净利率 | 3.5% | 12.3% |
| 营收同比 | -4.8% | 13.0% |
| 净利润同比 | 254.9% | 11.0% |
| 每股收益（稀释后） | $0.82 | $2.12 |
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CYHWAB
| Q1 26 | — | $3.0B | ||
| Q4 25 | $3.1B | $3.0B | ||
| Q3 25 | $3.1B | $2.9B | ||
| Q2 25 | $3.1B | $2.7B | ||
| Q1 25 | $3.2B | $2.6B | ||
| Q4 24 | $3.3B | $2.6B | ||
| Q3 24 | $3.1B | $2.7B | ||
| Q2 24 | $3.1B | $2.6B |
净利润CYHWAB
| Q1 26 | — | $363.0M | ||
| Q4 25 | $110.0M | $202.0M | ||
| Q3 25 | $130.0M | $310.0M | ||
| Q2 25 | $282.0M | $336.0M | ||
| Q1 25 | $-13.0M | $322.0M | ||
| Q4 24 | $-71.0M | $212.0M | ||
| Q3 24 | $-391.0M | $283.0M | ||
| Q2 24 | $-13.0M | $289.0M |
毛利率CYHWAB
| Q1 26 | — | 36.0% | ||
| Q4 25 | 85.6% | 32.6% | ||
| Q3 25 | 85.1% | 34.7% | ||
| Q2 25 | 85.0% | 34.7% | ||
| Q1 25 | 84.5% | 34.5% | ||
| Q4 24 | 84.5% | 30.9% | ||
| Q3 24 | 84.8% | 33.0% | ||
| Q2 24 | 84.6% | 33.1% |
营业利润率CYHWAB
| Q1 26 | — | 17.5% | ||
| Q4 25 | 14.5% | 12.0% | ||
| Q3 25 | 7.9% | 17.0% | ||
| Q2 25 | 16.3% | 17.4% | ||
| Q1 25 | 9.0% | 18.2% | ||
| Q4 24 | 8.5% | 12.9% | ||
| Q3 24 | -6.6% | 16.3% | ||
| Q2 24 | 7.6% | 16.3% |
净利率CYHWAB
| Q1 26 | — | 12.3% | ||
| Q4 25 | 3.5% | 6.8% | ||
| Q3 25 | 4.2% | 10.7% | ||
| Q2 25 | 9.0% | 12.4% | ||
| Q1 25 | -0.4% | 12.3% | ||
| Q4 24 | -2.2% | 8.2% | ||
| Q3 24 | -12.7% | 10.6% | ||
| Q2 24 | -0.4% | 10.9% |
每股收益（稀释后）CYHWAB
| Q1 26 | — | $2.12 | ||
| Q4 25 | $0.82 | $1.18 | ||
| Q3 25 | $0.96 | $1.81 | ||
| Q2 25 | $2.09 | $1.96 | ||
| Q1 25 | $-0.10 | $1.88 | ||
| Q4 24 | $-0.53 | $1.24 | ||
| Q3 24 | $-2.95 | $1.63 | ||
| Q2 24 | $-0.10 | $1.64 |
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 | — |
| 总债务越低越好 | $10.4B | $4.7B |
| 股东权益账面价值 | $-1.4B | $11.1B |
| 总资产 | $13.2B | $23.2B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资CYHWAB
| Q1 26 | — | — | ||
| Q4 25 | $260.0M | — | ||
| Q3 25 | $123.0M | — | ||
| Q2 25 | $456.0M | — | ||
| Q1 25 | $431.0M | — | ||
| Q4 24 | $37.0M | — | ||
| Q3 24 | $33.0M | — | ||
| Q2 24 | $39.0M | — |
总债务CYHWAB
| Q1 26 | — | $4.7B | ||
| Q4 25 | $10.4B | $5.5B | ||
| Q3 25 | — | $5.3B | ||
| Q2 25 | — | $4.8B | ||
| Q1 25 | — | $4.0B | ||
| Q4 24 | $11.5B | $4.0B | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | — | $4.0B |
股东权益CYHWAB
| Q1 26 | — | $11.1B | ||
| Q4 25 | $-1.4B | $11.1B | ||
| Q3 25 | $-1.5B | $11.0B | ||
| Q2 25 | $-1.6B | $10.8B | ||
| Q1 25 | $-1.9B | $10.4B | ||
| Q4 24 | $-1.9B | $10.1B | ||
| Q3 24 | $-1.8B | $10.3B | ||
| Q2 24 | $-1.4B | $10.5B |
总资产CYHWAB
| Q1 26 | — | $23.2B | ||
| Q4 25 | $13.2B | $22.1B | ||
| Q3 25 | $13.2B | $21.5B | ||
| Q2 25 | $13.6B | $20.4B | ||
| Q1 25 | $13.9B | $19.1B | ||
| Q4 24 | $14.1B | $18.7B | ||
| Q3 24 | $13.9B | $18.6B | ||
| Q2 24 | $14.4B | $18.9B |
负债/权益比CYHWAB
| Q1 26 | — | 0.42× | ||
| Q4 25 | — | 0.50× | ||
| Q3 25 | — | 0.48× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.39× | ||
| Q4 24 | — | 0.39× | ||
| Q3 24 | — | 0.39× | ||
| Q2 24 | — | 0.38× |
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 | $199.0M |
| 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× | 0.55× |
| 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CYHWAB
| Q1 26 | — | $199.0M | ||
| Q4 25 | $266.0M | $992.0M | ||
| Q3 25 | $69.0M | $367.0M | ||
| Q2 25 | $88.0M | $209.0M | ||
| Q1 25 | $120.0M | $191.0M | ||
| Q4 24 | $216.0M | $723.0M | ||
| Q3 24 | $67.0M | $542.0M | ||
| Q2 24 | $101.0M | $235.0M |
自由现金流CYHWAB
| Q1 26 | — | — | ||
| Q4 25 | $172.0M | $870.0M | ||
| Q3 25 | $4.0M | $312.0M | ||
| Q2 25 | $-3.0M | $170.0M | ||
| Q1 25 | $35.0M | $147.0M | ||
| Q4 24 | $107.0M | $639.0M | ||
| Q3 24 | $-3.0M | $496.0M | ||
| Q2 24 | $13.0M | $189.0M |
自由现金流率CYHWAB
| Q1 26 | — | — | ||
| Q4 25 | 5.5% | 29.3% | ||
| Q3 25 | 0.1% | 10.8% | ||
| Q2 25 | -0.1% | 6.3% | ||
| Q1 25 | 1.1% | 5.6% | ||
| Q4 24 | 3.3% | 24.7% | ||
| Q3 24 | -0.1% | 18.6% | ||
| Q2 24 | 0.4% | 7.1% |
资本支出强度CYHWAB
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 4.1% | ||
| Q3 25 | 2.1% | 1.9% | ||
| Q2 25 | 2.9% | 1.4% | ||
| Q1 25 | 2.7% | 1.7% | ||
| Q4 24 | 3.3% | 3.3% | ||
| Q3 24 | 2.3% | 1.7% | ||
| Q2 24 | 2.8% | 1.7% |
现金转化率CYHWAB
| Q1 26 | — | 0.55× | ||
| Q4 25 | 2.42× | 4.91× | ||
| Q3 25 | 0.53× | 1.18× | ||
| Q2 25 | 0.31× | 0.62× | ||
| Q1 25 | — | 0.59× | ||
| Q4 24 | — | 3.41× | ||
| Q3 24 | — | 1.92× | ||
| Q2 24 | — | 0.81× |
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% |
WAB
暂无分部数据
