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Encompass Health Corp（EHC）与FuboTV Inc.（FUBO）财务数据对比。点击上方公司名可切换其他公司
FuboTV Inc.的季度营收约是Encompass Health Corp的1.0倍（$1.5B vs $1.5B），Encompass Health Corp净利率更高（9.5% vs -0.4%，领先9.8%），FuboTV Inc.同比增速更快（249.4% vs 9.9%），Encompass Health Corp自由现金流更多（$116.7M vs $-200.8M），过去两年FuboTV Inc.的营收复合增速更高（94.3% vs 8.3%）
Encompass Health Corp前身为Amcare及HealthSouth，总部位于美国阿拉巴马州伯明翰，是美国规模最大的住院康复服务提供商，在39个州及波多黎各拥有173家住院康复医院，为中风、神经系统疾病、心肺病症、脑损伤等患者提供专业康复诊疗服务。
FuboTV Inc.（简称Fubo）是源自美国的互联网体育流媒体服务商，业务覆盖美国、加拿大与西班牙地区。该平台主打各类直播体育内容，可提供英超、NFL、MLB、NBA、NHL、MLS等各大主流顶级体育赛事转播，同时也涵盖新闻、剧集等综合影视娱乐内容。
EHC vs FUBO — 直观对比
营收规模更大
FUBO
是对方的1.0倍
$1.5B
营收增速更快
FUBO
高出239.4%
9.9%
净利率更高
EHC
高出9.8%
-0.4%
自由现金流更多
EHC
多$317.5M
$-200.8M
两年增速更快
FUBO
近两年复合增速
8.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.5B |
| 净利润 | $146.1M | $-6.0M |
| 毛利率 | — | — |
| 营业利润率 | 16.7% | -1.3% |
| 净利率 | 9.5% | -0.4% |
| 营收同比 | 9.9% | 249.4% |
| 净利润同比 | 20.8% | 84.5% |
| 每股收益（稀释后） | $1.43 | $-0.02 |
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EHCFUBO
| Q4 25 | $1.5B | $1.5B | ||
| Q3 25 | $1.5B | $377.2M | ||
| Q2 25 | $1.5B | $380.0M | ||
| Q1 25 | $1.5B | $416.3M | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | $386.2M | ||
| Q2 24 | $1.3B | $391.0M | ||
| Q1 24 | $1.3B | $402.3M |
净利润EHCFUBO
| Q4 25 | $146.1M | $-6.0M | ||
| Q3 25 | $126.5M | $-18.9M | ||
| Q2 25 | $142.1M | $-8.0M | ||
| Q1 25 | $151.5M | $188.5M | ||
| Q4 24 | $120.9M | — | ||
| Q3 24 | $108.2M | $-52.4M | ||
| Q2 24 | $114.1M | $-25.3M | ||
| Q1 24 | $112.5M | $-56.0M |
营业利润率EHCFUBO
| Q4 25 | 16.7% | -1.3% | ||
| Q3 25 | 14.9% | -5.3% | ||
| Q2 25 | 16.2% | -1.6% | ||
| Q1 25 | 16.4% | -6.1% | ||
| Q4 24 | 14.3% | — | ||
| Q3 24 | 13.6% | -15.2% | ||
| Q2 24 | 14.3% | -9.1% | ||
| Q1 24 | 13.6% | -15.7% |
净利率EHCFUBO
| Q4 25 | 9.5% | -0.4% | ||
| Q3 25 | 8.6% | -5.0% | ||
| Q2 25 | 9.7% | -2.1% | ||
| Q1 25 | 10.4% | 45.3% | ||
| Q4 24 | 8.6% | — | ||
| Q3 24 | 8.0% | -13.6% | ||
| Q2 24 | 8.8% | -6.5% | ||
| Q1 24 | 8.5% | -13.9% |
每股收益（稀释后）EHCFUBO
| Q4 25 | $1.43 | $-0.02 | ||
| Q3 25 | $1.24 | $-0.06 | ||
| Q2 25 | $1.39 | $-0.02 | ||
| Q1 25 | $1.48 | $0.55 | ||
| Q4 24 | $1.18 | — | ||
| Q3 24 | $1.06 | $-0.16 | ||
| Q2 24 | $1.12 | $-0.08 | ||
| Q1 24 | $1.10 | $-0.19 |
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 | $72.2M | $452.4M |
| 总债务越低越好 | $2.4B | — |
| 股东权益账面价值 | $2.4B | $275.5M |
| 总资产 | $7.1B | $4.1B |
| 负债/权益比越低杠杆越低 | 1.00× | — |
8季度趋势，按日历期对齐
现金及短期投资EHCFUBO
| Q4 25 | $72.2M | $452.4M | ||
| Q3 25 | $48.7M | — | ||
| Q2 25 | $99.1M | $283.6M | ||
| Q1 25 | $95.8M | $321.6M | ||
| Q4 24 | $85.4M | — | ||
| Q3 24 | $147.8M | $146.2M | ||
| Q2 24 | $154.4M | $155.2M | ||
| Q1 24 | $134.4M | $168.9M |
总债务EHCFUBO
| Q4 25 | $2.4B | — | ||
| Q3 25 | $2.4B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.7B | — | ||
| Q1 24 | $2.7B | — |
股东权益EHCFUBO
| Q4 25 | $2.4B | $275.5M | ||
| Q3 25 | $2.4B | $915.3M | ||
| Q2 25 | $2.3B | $400.4M | ||
| Q1 25 | $2.2B | $389.0M | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | $2.0B | $905.3M | ||
| Q2 24 | $1.8B | $254.2M | ||
| Q1 24 | $1.7B | $236.1M |
总资产EHCFUBO
| Q4 25 | $7.1B | $4.1B | ||
| Q3 25 | $6.9B | $1.3B | ||
| Q2 25 | $6.8B | $1.2B | ||
| Q1 25 | $6.6B | $1.2B | ||
| Q4 24 | $6.5B | — | ||
| Q3 24 | $6.5B | $1.1B | ||
| Q2 24 | $6.4B | $1.1B | ||
| Q1 24 | $6.2B | $1.1B |
负债/权益比EHCFUBO
| Q4 25 | 1.00× | — | ||
| Q3 25 | 1.01× | — | ||
| Q2 25 | 1.02× | — | ||
| Q1 25 | 1.08× | — | ||
| Q4 24 | 1.14× | — | ||
| Q3 24 | 1.20× | — | ||
| Q2 24 | 1.46× | — | ||
| 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 | $346.0M | $-200.3M |
| 自由现金流经营现金流 - 资本支出 | $116.7M | $-200.8M |
| 自由现金流率自由现金流/营收 | 7.6% | -13.0% |
| 资本支出强度资本支出/营收 | 14.8% | 0.0% |
| 现金转化率经营现金流/净利润 | 2.37× | — |
| 过去12个月自由现金流最近4个季度 | $439.2M | $-81.3M |
8季度趋势，按日历期对齐
经营现金流EHCFUBO
| Q4 25 | $346.0M | $-200.3M | ||
| Q3 25 | $270.8M | $-6.5M | ||
| Q2 25 | $270.2M | $-34.6M | ||
| Q1 25 | $288.6M | $161.4M | ||
| Q4 24 | $278.8M | — | ||
| Q3 24 | $267.8M | $235.0K | ||
| Q2 24 | $217.4M | $-32.3M | ||
| Q1 24 | $238.8M | $-67.3M |
自由现金流EHCFUBO
| Q4 25 | $116.7M | $-200.8M | ||
| Q3 25 | $83.7M | $-6.5M | ||
| Q2 25 | $113.3M | $-35.0M | ||
| Q1 25 | $125.5M | $161.1M | ||
| Q4 24 | $80.1M | — | ||
| Q3 24 | $120.3M | $-1.3M | ||
| Q2 24 | $60.5M | $-32.5M | ||
| Q1 24 | $99.4M | $-67.4M |
自由现金流率EHCFUBO
| Q4 25 | 7.6% | -13.0% | ||
| Q3 25 | 5.7% | -1.7% | ||
| Q2 25 | 7.8% | -9.2% | ||
| Q1 25 | 8.6% | 38.7% | ||
| Q4 24 | 5.7% | — | ||
| Q3 24 | 8.9% | -0.3% | ||
| Q2 24 | 4.6% | -8.3% | ||
| Q1 24 | 7.6% | -16.7% |
资本支出强度EHCFUBO
| Q4 25 | 14.8% | 0.0% | ||
| Q3 25 | 12.7% | 0.0% | ||
| Q2 25 | 10.8% | 0.1% | ||
| Q1 25 | 11.2% | 0.1% | ||
| Q4 24 | 14.1% | — | ||
| Q3 24 | 10.9% | 0.4% | ||
| Q2 24 | 12.1% | 0.1% | ||
| Q1 24 | 10.6% | 0.0% |
现金转化率EHCFUBO
| Q4 25 | 2.37× | — | ||
| Q3 25 | 2.14× | — | ||
| Q2 25 | 1.90× | — | ||
| Q1 25 | 1.90× | 0.86× | ||
| Q4 24 | 2.31× | — | ||
| Q3 24 | 2.48× | — | ||
| Q2 24 | 1.91× | — | ||
| Q1 24 | 2.12× | — |
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
EHC
| Medicare | $1.0B | 66% |
| Medicare Advantage | $243.1M | 16% |
| Managed Care | $160.7M | 10% |
| Medicaid | $47.0M | 3% |
| Other Income Source | $44.8M | 3% |
| Other Thirdparty Payors | $11.2M | 1% |
| Workers Compensation | $7.6M | 0% |
| Patients | $4.6M | 0% |
FUBO
| Related Party | $1.2B | 75% |
| Subscription And Advertising | $377.9M | 24% |
