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Encompass Health Corp（EHC）与哈贝尔（HUBB）财务数据对比。点击上方公司名可切换其他公司
Encompass Health Corp的季度营收约是哈贝尔的1.0倍（$1.5B vs $1.5B），哈贝尔净利率更高（14.6% vs 9.5%，领先5.1%），哈贝尔同比增速更快（11.9% vs 9.9%），哈贝尔自由现金流更多（$388.8M vs $116.7M），过去两年Encompass Health Corp的营收复合增速更高（8.3% vs 3.3%）
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。
哈贝尔（Hubbell Incorporated）是总部位于美国康涅狄格州谢尔顿的企业，由哈维·哈贝尔于1888年创立，1905年在康涅狄格州正式注册。公司主营电气及电子产品的设计、生产与销售，产品广泛应用于住宅、非住宅建筑、工业及公用事业等多个领域。
EHC vs HUBB — 直观对比
营收规模更大
EHC
是对方的1.0倍
$1.5B
营收增速更快
HUBB
高出1.9%
9.9%
净利率更高
HUBB
高出5.1%
9.5%
自由现金流更多
HUBB
多$272.1M
$116.7M
两年增速更快
EHC
近两年复合增速
3.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.5B |
| 净利润 | $146.1M | $217.7M |
| 毛利率 | — | 34.6% |
| 营业利润率 | 16.7% | 20.3% |
| 净利率 | 9.5% | 14.6% |
| 营收同比 | 9.9% | 11.9% |
| 净利润同比 | 20.8% | 10.5% |
| 每股收益（稀释后） | $1.43 | $4.06 |
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EHCHUBB
| Q4 25 | $1.5B | $1.5B | ||
| Q3 25 | $1.5B | $1.5B | ||
| Q2 25 | $1.5B | $1.5B | ||
| Q1 25 | $1.5B | $1.4B | ||
| Q4 24 | $1.4B | $1.3B | ||
| Q3 24 | $1.4B | $1.4B | ||
| Q2 24 | $1.3B | $1.5B | ||
| Q1 24 | $1.3B | $1.4B |
净利润EHCHUBB
| Q4 25 | $146.1M | $217.7M | ||
| Q3 25 | $126.5M | $255.5M | ||
| Q2 25 | $142.1M | $244.2M | ||
| Q1 25 | $151.5M | $169.7M | ||
| Q4 24 | $120.9M | $197.0M | ||
| Q3 24 | $108.2M | $219.4M | ||
| Q2 24 | $114.1M | $213.6M | ||
| Q1 24 | $112.5M | $147.8M |
毛利率EHCHUBB
| Q4 25 | — | 34.6% | ||
| Q3 25 | — | 36.2% | ||
| Q2 25 | — | 37.2% | ||
| Q1 25 | — | 33.1% | ||
| Q4 24 | — | 33.8% | ||
| Q3 24 | — | 34.5% | ||
| Q2 24 | — | 35.0% | ||
| Q1 24 | — | 32.0% |
营业利润率EHCHUBB
| Q4 25 | 16.7% | 20.3% | ||
| Q3 25 | 14.9% | 22.0% | ||
| Q2 25 | 16.2% | 22.7% | ||
| Q1 25 | 16.4% | 17.5% | ||
| Q4 24 | 14.3% | 19.3% | ||
| Q3 24 | 13.6% | 21.1% | ||
| Q2 24 | 14.3% | 20.7% | ||
| Q1 24 | 13.6% | 16.3% |
净利率EHCHUBB
| Q4 25 | 9.5% | 14.6% | ||
| Q3 25 | 8.6% | 17.0% | ||
| Q2 25 | 9.7% | 16.5% | ||
| Q1 25 | 10.4% | 12.4% | ||
| Q4 24 | 8.6% | 14.8% | ||
| Q3 24 | 8.0% | 15.2% | ||
| Q2 24 | 8.8% | 14.7% | ||
| Q1 24 | 8.5% | 10.6% |
每股收益（稀释后）EHCHUBB
| Q4 25 | $1.43 | $4.06 | ||
| Q3 25 | $1.24 | $4.77 | ||
| Q2 25 | $1.39 | $4.56 | ||
| Q1 25 | $1.48 | $3.15 | ||
| Q4 24 | $1.18 | $3.65 | ||
| Q3 24 | $1.06 | $4.05 | ||
| Q2 24 | $1.12 | $3.94 | ||
| Q1 24 | $1.10 | $2.73 |
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 | $497.9M |
| 总债务越低越好 | $2.4B | — |
| 股东权益账面价值 | $2.4B | $3.8B |
| 总资产 | $7.1B | $8.2B |
| 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EHCHUBB
| Q4 25 | $72.2M | $497.9M | ||
| Q3 25 | $48.7M | $680.9M | ||
| Q2 25 | $99.1M | $399.6M | ||
| Q1 25 | $95.8M | $360.3M | ||
| Q4 24 | $85.4M | $345.0M | ||
| Q3 24 | $147.8M | $445.6M | ||
| Q2 24 | $154.4M | $406.5M | ||
| Q1 24 | $134.4M | $400.3M |
总债务EHCHUBB
| Q4 25 | $2.4B | — | ||
| Q3 25 | $2.4B | $1.4B | ||
| Q2 25 | $2.3B | $1.4B | ||
| Q1 25 | $2.3B | $1.4B | ||
| Q4 24 | $2.4B | $1.4B | ||
| Q3 24 | $2.3B | $1.7B | ||
| Q2 24 | $2.7B | $1.9B | ||
| Q1 24 | $2.7B | $1.9B |
股东权益EHCHUBB
| Q4 25 | $2.4B | $3.8B | ||
| Q3 25 | $2.4B | $3.7B | ||
| Q2 25 | $2.3B | $3.5B | ||
| Q1 25 | $2.2B | $3.3B | ||
| Q4 24 | $2.1B | $3.3B | ||
| Q3 24 | $2.0B | $3.2B | ||
| Q2 24 | $1.8B | $3.1B | ||
| Q1 24 | $1.7B | $2.9B |
总资产EHCHUBB
| Q4 25 | $7.1B | $8.2B | ||
| Q3 25 | $6.9B | $7.5B | ||
| Q2 25 | $6.8B | $7.1B | ||
| Q1 25 | $6.6B | $6.9B | ||
| Q4 24 | $6.5B | $6.7B | ||
| Q3 24 | $6.5B | $6.9B | ||
| Q2 24 | $6.4B | $6.9B | ||
| Q1 24 | $6.2B | $6.9B |
负债/权益比EHCHUBB
| Q4 25 | 1.00× | — | ||
| Q3 25 | 1.01× | 0.39× | ||
| Q2 25 | 1.02× | 0.41× | ||
| Q1 25 | 1.08× | 0.44× | ||
| Q4 24 | 1.14× | 0.44× | ||
| Q3 24 | 1.20× | 0.51× | ||
| Q2 24 | 1.46× | 0.63× | ||
| Q1 24 | 1.54× | 0.65× |
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 | $447.5M |
| 自由现金流经营现金流 - 资本支出 | $116.7M | $388.8M |
| 自由现金流率自由现金流/营收 | 7.6% | 26.0% |
| 资本支出强度资本支出/营收 | 14.8% | 3.9% |
| 现金转化率经营现金流/净利润 | 2.37× | 2.06× |
| 过去12个月自由现金流最近4个季度 | $439.2M | $874.7M |
8季度趋势，按日历期对齐
经营现金流EHCHUBB
| Q4 25 | $346.0M | $447.5M | ||
| Q3 25 | $270.8M | $284.3M | ||
| Q2 25 | $270.2M | $260.6M | ||
| Q1 25 | $288.6M | $37.4M | ||
| Q4 24 | $278.8M | $432.4M | ||
| Q3 24 | $267.8M | $227.0M | ||
| Q2 24 | $217.4M | $239.6M | ||
| Q1 24 | $238.8M | $92.2M |
自由现金流EHCHUBB
| Q4 25 | $116.7M | $388.8M | ||
| Q3 25 | $83.7M | $253.8M | ||
| Q2 25 | $113.3M | $220.7M | ||
| Q1 25 | $125.5M | $11.4M | ||
| Q4 24 | $80.1M | $364.4M | ||
| Q3 24 | $120.3M | $188.8M | ||
| Q2 24 | $60.5M | $205.7M | ||
| Q1 24 | $99.4M | $51.9M |
自由现金流率EHCHUBB
| Q4 25 | 7.6% | 26.0% | ||
| Q3 25 | 5.7% | 16.9% | ||
| Q2 25 | 7.8% | 14.9% | ||
| Q1 25 | 8.6% | 0.8% | ||
| Q4 24 | 5.7% | 27.3% | ||
| Q3 24 | 8.9% | 13.1% | ||
| Q2 24 | 4.6% | 14.2% | ||
| Q1 24 | 7.6% | 3.7% |
资本支出强度EHCHUBB
| Q4 25 | 14.8% | 3.9% | ||
| Q3 25 | 12.7% | 2.0% | ||
| Q2 25 | 10.8% | 2.7% | ||
| Q1 25 | 11.2% | 1.9% | ||
| Q4 24 | 14.1% | 5.1% | ||
| Q3 24 | 10.9% | 2.6% | ||
| Q2 24 | 12.1% | 2.3% | ||
| Q1 24 | 10.6% | 2.9% |
现金转化率EHCHUBB
| Q4 25 | 2.37× | 2.06× | ||
| Q3 25 | 2.14× | 1.11× | ||
| Q2 25 | 1.90× | 1.07× | ||
| Q1 25 | 1.90× | 0.22× | ||
| Q4 24 | 2.31× | 2.19× | ||
| Q3 24 | 2.48× | 1.03× | ||
| Q2 24 | 1.91× | 1.12× | ||
| Q1 24 | 2.12× | 0.62× |
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% |
HUBB
| Grid Infrastructure | $717.0M | 48% |
| Industrial | $393.7M | 26% |
| Grid Automation | $218.9M | 15% |
| Electrical Products | $163.1M | 11% |
