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达维塔（DVA）与威富集团（VFC）财务数据对比。点击上方公司名可切换其他公司
达维塔的季度营收约是威富集团的1.3倍（$3.6B vs $2.9B），威富集团净利率更高（10.5% vs 6.5%，领先4.0%），达维塔同比增速更快（12.3% vs 1.5%），过去两年威富集团的营收复合增速更高（10.1% vs 6.6%）
达维塔是美国肾脏透析服务提供商，在美国运营2675家门诊中心，服务20.08万名患者；同时在其他11个国家布局367家门诊中心，服务4.94万名患者。公司主要服务终末期肾病患者，这类患者除非接受捐肾移植，否则通常需要终生每周接受三次透析治疗。
威富集团前身为F.W.伍尔沃斯公司，是全球知名零售企业，也是五分一角平价商店业态的先驱之一。作为美国乃至全球最成功的平价零售企业之一，它曾引领行业发展潮流，构建了如今全球各地门店普遍遵循的现代零售模式。
DVA vs VFC — 直观对比
营收规模更大
DVA
是对方的1.3倍
$2.9B
营收增速更快
DVA
高出10.8%
1.5%
净利率更高
VFC
高出4.0%
6.5%
两年增速更快
VFC
近两年复合增速
6.6%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.6B | $2.9B |
| 净利润 | $234.2M | $300.8M |
| 毛利率 | — | 56.6% |
| 营业利润率 | 15.5% | 10.1% |
| 净利率 | 6.5% | 10.5% |
| 营收同比 | 12.3% | 1.5% |
| 净利润同比 | 43.8% | 79.3% |
| 每股收益（稀释后） | $3.22 | $0.76 |
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DVAVFC
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.6B | $2.9B | ||
| Q3 25 | $3.4B | $2.8B | ||
| Q2 25 | $3.4B | $1.8B | ||
| Q1 25 | $3.2B | $2.0B | ||
| Q4 24 | $3.3B | $2.8B | ||
| Q3 24 | $3.3B | $2.8B | ||
| Q2 24 | $3.2B | $1.9B |
净利润DVAVFC
| Q1 26 | $234.2M | — | ||
| Q4 25 | $234.2M | $300.8M | ||
| Q3 25 | $150.3M | $189.8M | ||
| Q2 25 | $199.3M | $-116.4M | ||
| Q1 25 | $162.9M | $-150.8M | ||
| Q4 24 | $259.3M | $167.8M | ||
| Q3 24 | $214.7M | $52.2M | ||
| Q2 24 | $222.7M | $-258.9M |
毛利率DVAVFC
| Q1 26 | — | — | ||
| Q4 25 | — | 56.6% | ||
| Q3 25 | — | 52.2% | ||
| Q2 25 | — | 53.9% | ||
| Q1 25 | — | 52.7% | ||
| Q4 24 | — | 56.3% | ||
| Q3 24 | — | 52.2% | ||
| Q2 24 | — | 52.0% |
营业利润率DVAVFC
| Q1 26 | 15.5% | — | ||
| Q4 25 | 15.5% | 10.1% | ||
| Q3 25 | 14.8% | 11.2% | ||
| Q2 25 | 15.9% | -4.9% | ||
| Q1 25 | 13.6% | 2.2% | ||
| Q4 24 | 17.2% | 8.0% | ||
| Q3 24 | 16.4% | 9.9% | ||
| Q2 24 | 15.9% | -12.6% |
净利率DVAVFC
| Q1 26 | 6.5% | — | ||
| Q4 25 | 6.5% | 10.5% | ||
| Q3 25 | 4.4% | 6.8% | ||
| Q2 25 | 5.9% | -6.6% | ||
| Q1 25 | 5.1% | -7.5% | ||
| Q4 24 | 7.9% | 5.9% | ||
| Q3 24 | 6.6% | 1.9% | ||
| Q2 24 | 7.0% | -13.6% |
每股收益（稀释后）DVAVFC
| Q1 26 | $3.22 | — | ||
| Q4 25 | $3.22 | $0.76 | ||
| Q3 25 | $2.04 | $0.48 | ||
| Q2 25 | $2.58 | $-0.30 | ||
| Q1 25 | $2.00 | $-0.37 | ||
| Q4 24 | $3.08 | $0.43 | ||
| Q3 24 | $2.50 | $0.13 | ||
| Q2 24 | $2.50 | $-0.67 |
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 | $700.7M | $1.5B |
| 总债务越低越好 | $10.2B | $3.6B |
| 股东权益账面价值 | $-651.1M | $1.8B |
| 总资产 | $17.5B | $10.4B |
| 负债/权益比越低杠杆越低 | — | 1.99× |
8季度趋势，按日历期对齐
现金及短期投资DVAVFC
| Q1 26 | $700.7M | — | ||
| Q4 25 | $700.7M | $1.5B | ||
| Q3 25 | $736.5M | $419.1M | ||
| Q2 25 | $739.4M | $642.4M | ||
| Q1 25 | $511.9M | $429.4M | ||
| Q4 24 | $846.0M | $1.4B | ||
| Q3 24 | $1.1B | $492.2M | ||
| Q2 24 | $437.2M | $637.4M |
总债务DVAVFC
| Q1 26 | $10.2B | — | ||
| Q4 25 | $10.2B | $3.6B | ||
| Q3 25 | $10.2B | $3.5B | ||
| Q2 25 | $10.1B | $3.6B | ||
| Q1 25 | $9.6B | $3.4B | ||
| Q4 24 | $9.2B | $3.9B | ||
| Q3 24 | $9.3B | $4.0B | ||
| Q2 24 | $8.5B | $3.9B |
股东权益DVAVFC
| Q1 26 | $-651.1M | — | ||
| Q4 25 | $-651.1M | $1.8B | ||
| Q3 25 | $-571.9M | $1.5B | ||
| Q2 25 | $-369.6M | $1.3B | ||
| Q1 25 | $-267.1M | $1.5B | ||
| Q4 24 | $121.1M | $1.7B | ||
| Q3 24 | $386.7M | $1.4B | ||
| Q2 24 | $632.9M | $1.4B |
总资产DVAVFC
| Q1 26 | $17.5B | — | ||
| Q4 25 | $17.5B | $10.4B | ||
| Q3 25 | $17.6B | $10.6B | ||
| Q2 25 | $17.5B | $10.2B | ||
| Q1 25 | $17.1B | $9.4B | ||
| Q4 24 | $17.3B | $10.6B | ||
| Q3 24 | $17.5B | $12.2B | ||
| Q2 24 | $17.0B | $11.5B |
负债/权益比DVAVFC
| Q1 26 | — | — | ||
| Q4 25 | — | 1.99× | ||
| Q3 25 | — | 2.40× | ||
| Q2 25 | — | 2.76× | ||
| Q1 25 | — | 2.30× | ||
| Q4 24 | 75.76× | 2.31× | ||
| Q3 24 | 23.95× | 2.86× | ||
| Q2 24 | 13.35× | 2.84× |
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 | — | $1.0B |
| 自由现金流经营现金流 - 资本支出 | — | $977.9M |
| 自由现金流率自由现金流/营收 | — | 34.0% |
| 资本支出强度资本支出/营收 | — | 1.1% |
| 现金转化率经营现金流/净利润 | — | 3.36× |
| 过去12个月自由现金流最近4个季度 | — | $357.6M |
8季度趋势，按日历期对齐
经营现金流DVAVFC
| Q1 26 | — | — | ||
| Q4 25 | $540.7M | $1.0B | ||
| Q3 25 | $841.5M | $-227.0M | ||
| Q2 25 | $324.2M | $-145.5M | ||
| Q1 25 | $180.0M | $-171.1M | ||
| Q4 24 | $547.6M | $918.1M | ||
| Q3 24 | $810.4M | $-301.6M | ||
| Q2 24 | $798.8M | $19.8M |
自由现金流DVAVFC
| Q1 26 | — | — | ||
| Q4 25 | $395.3M | $977.9M | ||
| Q3 25 | $675.4M | $-253.5M | ||
| Q2 25 | $203.1M | $-173.7M | ||
| Q1 25 | $36.8M | $-193.0M | ||
| Q4 24 | $377.0M | $899.7M | ||
| Q3 24 | $671.4M | $-322.4M | ||
| Q2 24 | $674.1M | $-5.4M |
自由现金流率DVAVFC
| Q1 26 | — | — | ||
| Q4 25 | 10.9% | 34.0% | ||
| Q3 25 | 19.7% | -9.0% | ||
| Q2 25 | 6.0% | -9.9% | ||
| Q1 25 | 1.1% | -9.6% | ||
| Q4 24 | 11.4% | 31.7% | ||
| Q3 24 | 20.6% | -11.7% | ||
| Q2 24 | 21.2% | -0.3% |
资本支出强度DVAVFC
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | 1.1% | ||
| Q3 25 | 4.9% | 0.9% | ||
| Q2 25 | 3.6% | 1.6% | ||
| Q1 25 | 4.4% | 1.1% | ||
| Q4 24 | 5.2% | 0.6% | ||
| Q3 24 | 4.3% | 0.8% | ||
| Q2 24 | 3.9% | 1.3% |
现金转化率DVAVFC
| Q1 26 | — | — | ||
| Q4 25 | 2.31× | 3.36× | ||
| Q3 25 | 5.60× | -1.20× | ||
| Q2 25 | 1.63× | — | ||
| Q1 25 | 1.10× | — | ||
| Q4 24 | 2.11× | 5.47× | ||
| Q3 24 | 3.77× | -5.78× | ||
| Q2 24 | 3.59× | — |
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
DVA
暂无分部数据
VFC
| Outdoor | $1.9B | 67% |
| Sales Channel Through Intermediary | $813.4M | 28% |
| Other | $136.3M | 5% |
