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DLH Holdings Corp.（DLHC）与Star Equity Holdings, Inc.（STRR）财务数据对比。点击上方公司名可切换其他公司
DLH Holdings Corp.的季度营收约是Star Equity Holdings, Inc.的1.2倍（$68.9M vs $56.8M），DLH Holdings Corp.净利率更高（-1.9% vs -3.0%，领先1.1%），Star Equity Holdings, Inc.同比增速更快（69.0% vs -24.1%），DLH Holdings Corp.自由现金流更多（$-4.8M vs $-9.0M），过去两年Star Equity Holdings, Inc.的营收复合增速更高（29.5% vs -17.4%）
DLH Holdings Corp.是一家总部位于美国的政府服务供应商，主要为退伍军人事务部、国防部、卫生与公众服务部等联邦机构提供技术赋能的医疗、物流、工程及任务支持服务，同时服务部分州及地方公共部门客户。
该公司信息存在混淆，Stars Equity Holdings, Inc.为一家投资控股企业，而描述提及的Artists Equity是由本·阿弗莱克和马特·达蒙两位演员兼制片人于2022年11月创立的美国制片公司。
DLHC vs STRR — 直观对比
营收规模更大
DLHC
是对方的1.2倍
$56.8M
营收增速更快
STRR
高出93.1%
-24.1%
净利率更高
DLHC
高出1.1%
-3.0%
自由现金流更多
DLHC
多$4.1M
$-9.0M
两年增速更快
STRR
近两年复合增速
-17.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $68.9M | $56.8M |
| 净利润 | $-1.3M | $-1.7M |
| 毛利率 | — | — |
| 营业利润率 | 2.1% | -0.2% |
| 净利率 | -1.9% | -3.0% |
| 营收同比 | -24.1% | 69.0% |
| 净利润同比 | -218.7% | -192.1% |
| 每股收益（稀释后） | $-0.09 | $-0.49 |
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DLHCSTRR
| Q4 25 | $68.9M | $56.8M | ||
| Q3 25 | $81.2M | $48.0M | ||
| Q2 25 | $83.3M | $35.5M | ||
| Q1 25 | $89.2M | $31.9M | ||
| Q4 24 | $90.8M | $33.6M | ||
| Q3 24 | $96.4M | $36.9M | ||
| Q2 24 | $100.7M | $35.7M | ||
| Q1 24 | $101.0M | $33.9M |
净利润DLHCSTRR
| Q4 25 | $-1.3M | $-1.7M | ||
| Q3 25 | $-920.0K | $-1.8M | ||
| Q2 25 | $289.0K | $-688.0K | ||
| Q1 25 | $878.0K | $-1.8M | ||
| Q4 24 | $1.1M | $-585.0K | ||
| Q3 24 | $2.3M | $-846.0K | ||
| Q2 24 | $1.1M | $-441.0K | ||
| Q1 24 | $1.8M | $-2.9M |
毛利率DLHCSTRR
| Q4 25 | — | — | ||
| Q3 25 | — | 43.0% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 50.5% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率DLHCSTRR
| Q4 25 | 2.1% | -0.2% | ||
| Q3 25 | 2.8% | -3.4% | ||
| Q2 25 | 4.5% | -0.6% | ||
| Q1 25 | 5.7% | -5.4% | ||
| Q4 24 | 6.2% | -0.4% | ||
| Q3 24 | 6.6% | -1.2% | ||
| Q2 24 | 5.7% | -0.5% | ||
| Q1 24 | 5.9% | -9.0% |
净利率DLHCSTRR
| Q4 25 | -1.9% | -3.0% | ||
| Q3 25 | -1.1% | -3.7% | ||
| Q2 25 | 0.3% | -1.9% | ||
| Q1 25 | 1.0% | -5.5% | ||
| Q4 24 | 1.2% | -1.7% | ||
| Q3 24 | 2.4% | -2.3% | ||
| Q2 24 | 1.1% | -1.2% | ||
| Q1 24 | 1.8% | -8.6% |
每股收益（稀释后）DLHCSTRR
| Q4 25 | $-0.09 | $-0.49 | ||
| Q3 25 | $-0.07 | $-0.54 | ||
| Q2 25 | $0.02 | $-0.23 | ||
| Q1 25 | $0.06 | $-0.59 | ||
| Q4 24 | $0.08 | $-0.21 | ||
| Q3 24 | $0.16 | $-0.28 | ||
| Q2 24 | $0.08 | $-0.15 | ||
| Q1 24 | $0.12 | $-0.95 |
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 | $257.0K | $10.3M |
| 总债务越低越好 | $133.5M | — |
| 股东权益账面价值 | $112.2M | $65.7M |
| 总资产 | $283.5M | $113.2M |
| 负债/权益比越低杠杆越低 | 1.19× | — |
8季度趋势，按日历期对齐
现金及短期投资DLHCSTRR
| Q4 25 | $257.0K | $10.3M | ||
| Q3 25 | $125.0K | $15.4M | ||
| Q2 25 | $194.0K | $16.8M | ||
| Q1 25 | $196.0K | $16.6M | ||
| Q4 24 | $451.0K | $17.0M | ||
| Q3 24 | $342.0K | $15.8M | ||
| Q2 24 | $423.0K | $14.7M | ||
| Q1 24 | $238.0K | $20.4M |
总债务DLHCSTRR
| Q4 25 | $133.5M | — | ||
| Q3 25 | $128.0M | $6.5M | ||
| Q2 25 | $138.3M | — | ||
| Q1 25 | $147.3M | — | ||
| Q4 24 | $162.2M | $0 | ||
| Q3 24 | $149.4M | — | ||
| Q2 24 | $160.9M | — | ||
| Q1 24 | $164.8M | — |
股东权益DLHCSTRR
| Q4 25 | $112.2M | $65.7M | ||
| Q3 25 | $113.0M | $67.8M | ||
| Q2 25 | $113.7M | $40.1M | ||
| Q1 25 | $112.8M | $39.5M | ||
| Q4 24 | $111.4M | $40.4M | ||
| Q3 24 | $110.1M | $42.9M | ||
| Q2 24 | $108.6M | $42.6M | ||
| Q1 24 | $106.8M | $44.3M |
总资产DLHCSTRR
| Q4 25 | $283.5M | $113.2M | ||
| Q3 25 | $290.7M | $117.1M | ||
| Q2 25 | $299.3M | $55.6M | ||
| Q1 25 | $306.6M | $53.2M | ||
| Q4 24 | $325.0M | $52.6M | ||
| Q3 24 | $314.4M | $52.6M | ||
| Q2 24 | $325.0M | $52.6M | ||
| Q1 24 | $325.9M | $52.6M |
负债/权益比DLHCSTRR
| Q4 25 | 1.19× | — | ||
| Q3 25 | 1.13× | 0.10× | ||
| Q2 25 | 1.22× | — | ||
| Q1 25 | 1.31× | — | ||
| Q4 24 | 1.46× | 0.00× | ||
| Q3 24 | 1.36× | — | ||
| Q2 24 | 1.48× | — | ||
| Q1 24 | 1.54× | — |
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 | $-4.8M | $-7.3M |
| 自由现金流经营现金流 - 资本支出 | $-4.8M | $-9.0M |
| 自由现金流率自由现金流/营收 | -7.0% | -15.8% |
| 资本支出强度资本支出/营收 | 0.1% | 3.0% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $29.2M | $-13.0M |
8季度趋势，按日历期对齐
经营现金流DLHCSTRR
| Q4 25 | $-4.8M | $-7.3M | ||
| Q3 25 | $10.7M | $-2.7M | ||
| Q2 25 | $9.6M | $139.0K | ||
| Q1 25 | $14.5M | $-802.0K | ||
| Q4 24 | $-11.5M | $-2.8M | ||
| Q3 24 | $12.4M | $1.3M | ||
| Q2 24 | $4.6M | $-4.3M | ||
| Q1 24 | $5.2M | $-1.8M |
自由现金流DLHCSTRR
| Q4 25 | $-4.8M | $-9.0M | ||
| Q3 25 | $10.7M | $-3.4M | ||
| Q2 25 | $9.4M | $102.0K | ||
| Q1 25 | $14.0M | $-808.0K | ||
| Q4 24 | $-12.1M | $-2.8M | ||
| Q3 24 | $12.2M | $1.3M | ||
| Q2 24 | $4.5M | $-4.3M | ||
| Q1 24 | $4.9M | $-1.8M |
自由现金流率DLHCSTRR
| Q4 25 | -7.0% | -15.8% | ||
| Q3 25 | 13.1% | -7.0% | ||
| Q2 25 | 11.2% | 0.3% | ||
| Q1 25 | 15.6% | -2.5% | ||
| Q4 24 | -13.3% | -8.3% | ||
| Q3 24 | 12.7% | 3.4% | ||
| Q2 24 | 4.4% | -12.0% | ||
| Q1 24 | 4.9% | -5.3% |
资本支出强度DLHCSTRR
| Q4 25 | 0.1% | 3.0% | ||
| Q3 25 | 0.0% | 1.3% | ||
| Q2 25 | 0.3% | 0.1% | ||
| Q1 25 | 0.6% | 0.0% | ||
| Q4 24 | 0.6% | 0.1% | ||
| Q3 24 | 0.2% | 0.0% | ||
| Q2 24 | 0.2% | 0.0% | ||
| Q1 24 | 0.3% | 0.0% |
现金转化率DLHCSTRR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 33.12× | — | ||
| Q1 25 | 16.52× | — | ||
| Q4 24 | -10.35× | — | ||
| Q3 24 | 5.42× | — | ||
| Q2 24 | 4.06× | — | ||
| Q1 24 | 2.89× | — |
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
DLHC
| Sales Channel Directly To Consumer | $64.5M | 94% |
| Sales Channel Through Intermediary | $4.4M | 6% |
STRR
| Revenue From Other Contracts With Customers | $27.6M | 49% |
| Other | $24.3M | 43% |
| Energy Services Segment | $4.9M | 9% |
