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GE医疗（DHC）与Life Time Group Holdings, Inc.（LTH）财务数据对比。点击上方公司名可切换其他公司
Life Time Group Holdings, Inc.的季度营收约是GE医疗的2.0倍（$745.1M vs $379.6M），Life Time Group Holdings, Inc.净利率更高（16.5% vs -5.6%，领先22.1%），Life Time Group Holdings, Inc.同比增速更快（12.3% vs -0.0%），Life Time Group Holdings, Inc.自由现金流更多（$-64.6M vs $-166.4M），过去两年Life Time Group Holdings, Inc.的营收复合增速更高（11.7% vs 1.2%）
GE医疗是一家总部位于美国伊利诺伊州芝加哥市的医疗科技企业，业务涵盖四大板块：医疗影像设备，包括分子成像、CT、核磁共振、妇科健康筛查及X光系统；超声设备；患者护理解决方案，聚焦远程患者监测、麻醉呼吸护理、心脏诊断及婴幼儿护理；此外还涉及医药相关领域，是全球医疗行业的知名企业。
Life Time Group Holdings是美国高端健身康养服务运营商，在全美运营连锁高端运动场馆，提供健身器材使用、团体课程、私教指导、SPA护理、营养咨询、青少年运动项目及联合办公等服务，服务于追求健康生活方式的消费群体。
DHC vs LTH — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $379.6M | $745.1M |
| 净利润 | $-21.2M | $123.0M |
| 毛利率 | — | 49.1% |
| 营业利润率 | -12.6% | 17.4% |
| 净利率 | -5.6% | 16.5% |
| 营收同比 | -0.0% | 12.3% |
| 净利润同比 | 75.7% | 231.0% |
| 每股收益（稀释后） | $-0.09 | $0.55 |
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
| Q4 25 | $379.6M | $745.1M | ||
| Q3 25 | $388.7M | $782.6M | ||
| Q2 25 | $382.7M | $761.5M | ||
| Q1 25 | $386.9M | $706.0M | ||
| Q4 24 | $379.6M | $663.3M | ||
| Q3 24 | $373.6M | $693.2M | ||
| Q2 24 | $371.4M | $667.8M | ||
| Q1 24 | $370.8M | $596.7M |
| Q4 25 | $-21.2M | $123.0M | ||
| Q3 25 | $-164.0M | $102.4M | ||
| Q2 25 | $-91.6M | $72.1M | ||
| Q1 25 | $-9.0M | $76.1M | ||
| Q4 24 | $-87.4M | $37.2M | ||
| Q3 24 | $-98.7M | $41.4M | ||
| Q2 24 | $-97.9M | $52.8M | ||
| Q1 24 | $-86.3M | $24.9M |
| Q4 25 | — | 49.1% | ||
| Q3 25 | — | 47.1% | ||
| Q2 25 | — | 47.0% | ||
| Q1 25 | — | 47.5% | ||
| Q4 24 | — | 48.2% | ||
| Q3 24 | — | 46.5% | ||
| Q2 24 | — | 46.8% | ||
| Q1 24 | — | 46.1% |
| Q4 25 | -12.6% | 17.4% | ||
| Q3 25 | -43.4% | 17.3% | ||
| Q2 25 | -24.5% | 14.2% | ||
| Q1 25 | -2.7% | 15.2% | ||
| Q4 24 | -26.1% | 13.1% | ||
| Q3 24 | -26.5% | 13.5% | ||
| Q2 24 | -23.0% | 15.7% | ||
| Q1 24 | -23.7% | 12.1% |
| Q4 25 | -5.6% | 16.5% | ||
| Q3 25 | -42.2% | 13.1% | ||
| Q2 25 | -23.9% | 9.5% | ||
| Q1 25 | -2.3% | 10.8% | ||
| Q4 24 | -23.0% | 5.6% | ||
| Q3 24 | -26.4% | 6.0% | ||
| Q2 24 | -26.3% | 7.9% | ||
| Q1 24 | -23.3% | 4.2% |
| Q4 25 | $-0.09 | $0.55 | ||
| Q3 25 | $-0.68 | $0.45 | ||
| Q2 25 | $-0.38 | $0.32 | ||
| Q1 25 | $-0.04 | $0.34 | ||
| Q4 24 | $-0.37 | $0.17 | ||
| Q3 24 | $-0.41 | $0.19 | ||
| Q2 24 | $-0.41 | $0.26 | ||
| Q1 24 | $-0.36 | $0.12 |
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 | $105.4M | $204.8M |
| 总债务越低越好 | $2.4B | $1.5B |
| 股东权益账面价值 | $1.7B | $3.1B |
| 总资产 | $4.4B | $8.0B |
| 负债/权益比越低杠杆越低 | 1.47× | 0.48× |
8季度趋势，按日历期对齐
| Q4 25 | $105.4M | $204.8M | ||
| Q3 25 | $201.4M | $218.9M | ||
| Q2 25 | $141.8M | $175.5M | ||
| Q1 25 | $302.6M | $59.0M | ||
| Q4 24 | $144.6M | $10.9M | ||
| Q3 24 | $256.5M | $120.9M | ||
| Q2 24 | $265.6M | $34.5M | ||
| Q1 24 | $207.1M | $18.6M |
| Q4 25 | $2.4B | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | $3.1B | $1.5B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.8B | ||
| Q1 24 | — | $2.0B |
| Q4 25 | $1.7B | $3.1B | ||
| Q3 25 | $1.7B | $3.0B | ||
| Q2 25 | $1.9B | $2.9B | ||
| Q1 25 | $1.9B | $2.7B | ||
| Q4 24 | $2.0B | $2.6B | ||
| Q3 24 | $2.0B | $2.6B | ||
| Q2 24 | $2.1B | $2.4B | ||
| Q1 24 | $2.2B | $2.3B |
| Q4 25 | $4.4B | $8.0B | ||
| Q3 25 | $4.7B | $7.8B | ||
| Q2 25 | $4.8B | $7.6B | ||
| Q1 25 | $5.0B | $7.3B | ||
| Q4 24 | $5.1B | $7.2B | ||
| Q3 24 | $5.3B | $7.2B | ||
| Q2 24 | $5.3B | $7.1B | ||
| Q1 24 | $5.3B | $7.1B |
| Q4 25 | 1.47× | 0.48× | ||
| Q3 25 | — | 0.51× | ||
| Q2 25 | — | 0.53× | ||
| Q1 25 | — | 0.56× | ||
| Q4 24 | 1.56× | 0.59× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.78× | ||
| Q1 24 | — | 0.87× |
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 | $-19.6M | $239.9M |
| 自由现金流经营现金流 - 资本支出 | $-166.4M | $-64.6M |
| 自由现金流率自由现金流/营收 | -43.8% | -8.7% |
| 资本支出强度资本支出/营收 | 38.7% | 40.9% |
| 现金转化率经营现金流/净利润 | — | 1.95× |
| 过去12个月自由现金流最近4个季度 | $-280.3M | $-21.0M |
8季度趋势，按日历期对齐
| Q4 25 | $-19.6M | $239.9M | ||
| Q3 25 | $-49.3M | $251.1M | ||
| Q2 25 | $53.0M | $195.7M | ||
| Q1 25 | $-3.2M | $183.9M | ||
| Q4 24 | $112.2M | $163.1M | ||
| Q3 24 | $21.1M | $151.1M | ||
| Q2 24 | $44.3M | $170.4M | ||
| Q1 24 | $28.6M | $90.4M |
| Q4 25 | $-166.4M | $-64.6M | ||
| Q3 25 | $-89.8M | $28.6M | ||
| Q2 25 | $18.8M | $-26.3M | ||
| Q1 25 | $-42.9M | $41.4M | ||
| Q4 24 | $-89.5M | $26.8M | ||
| Q3 24 | $-26.1M | $64.0M | ||
| Q2 24 | $3.3M | $26.1M | ||
| Q1 24 | $-18.1M | $-66.4M |
| Q4 25 | -43.8% | -8.7% | ||
| Q3 25 | -23.1% | 3.7% | ||
| Q2 25 | 4.9% | -3.5% | ||
| Q1 25 | -11.1% | 5.9% | ||
| Q4 24 | -23.6% | 4.0% | ||
| Q3 24 | -7.0% | 9.2% | ||
| Q2 24 | 0.9% | 3.9% | ||
| Q1 24 | -4.9% | -11.1% |
| Q4 25 | 38.7% | 40.9% | ||
| Q3 25 | 10.4% | 28.4% | ||
| Q2 25 | 8.9% | 29.2% | ||
| Q1 25 | 10.2% | 20.2% | ||
| Q4 24 | 53.1% | 20.6% | ||
| Q3 24 | 12.6% | 12.6% | ||
| Q2 24 | 11.0% | 21.6% | ||
| Q1 24 | 12.6% | 26.3% |
| Q4 25 | — | 1.95× | ||
| Q3 25 | — | 2.45× | ||
| Q2 25 | — | 2.71× | ||
| Q1 25 | — | 2.41× | ||
| Q4 24 | — | 4.39× | ||
| Q3 24 | — | 3.65× | ||
| Q2 24 | — | 3.23× | ||
| Q1 24 | — | 3.63× |
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
DHC
| Senior Housing Operating Portfolio Segment | $323.4M | 85% |
| Rental Income | $56.2M | 15% |
LTH
| Membership | $535.1M | 72% |
| In Center | $191.2M | 26% |
| Other | $18.8M | 3% |
