vs
Frontier Communications Parent, Inc.（FYBR）与Surgery Partners, Inc.（SGRY）财务数据对比。点击上方公司名可切换其他公司
Frontier Communications Parent, Inc.的季度营收约是Surgery Partners, Inc.的1.7倍（$1.5B vs $885.0M），Surgery Partners, Inc.净利率更高（-1.7% vs -5.0%，领先3.3%），Frontier Communications Parent, Inc.同比增速更快（4.2% vs 2.4%），Surgery Partners, Inc.自由现金流更多（$90.6M vs $-315.0M），过去两年Surgery Partners, Inc.的营收复合增速更高（11.1% vs 4.3%）
前沿通信母公司是一家美国电信企业，隶属于威瑞森，拥有光纤通信网络，并提供云相关服务，该公司曾先后更名为公民公用事业公司、公民通信公司和前沿通信公司，是美国本土知名电信运营商之一。
Surgery Partners, Inc.（NASDAQ代码：SGRY）旗下的United Surgical Partners International（USPI）是美国领先的日间手术护理服务商，总部位于得克萨斯州达拉斯，由唐·斯廷于1998年创立，专注于为患者提供便捷、高效的门诊外科医疗服务，运营多家合规手术中心，覆盖美国多地医疗需求场景。
FYBR vs SGRY — 直观对比
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $885.0M |
| 净利润 | $-76.0M | $-15.0M |
| 毛利率 | 64.3% | — |
| 营业利润率 | 7.6% | 12.5% |
| 净利率 | -5.0% | -1.7% |
| 营收同比 | 4.2% | 2.4% |
| 净利润同比 | 7.3% | 86.2% |
| 每股收益（稀释后） | $-0.30 | $-0.11 |
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 | — | $885.0M | ||
| Q3 25 | $1.5B | $821.5M | ||
| Q2 25 | $1.5B | $826.2M | ||
| Q1 25 | $1.5B | $776.0M | ||
| Q4 24 | $1.5B | $864.4M | ||
| Q3 24 | $1.5B | $770.4M | ||
| Q2 24 | $1.5B | $762.1M | ||
| Q1 24 | $1.4B | $717.4M |
| Q4 25 | — | $-15.0M | ||
| Q3 25 | $-76.0M | $-22.7M | ||
| Q2 25 | $-123.0M | $-2.5M | ||
| Q1 25 | $-64.0M | $-37.7M | ||
| Q4 24 | $-118.0M | $-108.5M | ||
| Q3 24 | $-82.0M | $-31.7M | ||
| Q2 24 | $-123.0M | $-15.5M | ||
| Q1 24 | $1.0M | $-12.4M |
| Q4 25 | — | — | ||
| Q3 25 | 64.3% | — | ||
| Q2 25 | 65.0% | — | ||
| Q1 25 | 65.2% | — | ||
| Q4 24 | 64.2% | — | ||
| Q3 24 | 63.4% | — | ||
| Q2 24 | 64.8% | — | ||
| Q1 24 | 63.9% | — |
| Q4 25 | — | 12.5% | ||
| Q3 25 | 7.6% | 12.9% | ||
| Q2 25 | 2.9% | 13.5% | ||
| Q1 25 | 5.1% | 8.0% | ||
| Q4 24 | 5.8% | 14.7% | ||
| Q3 24 | 5.8% | 7.9% | ||
| Q2 24 | 6.2% | 11.1% | ||
| Q1 24 | 6.2% | 10.6% |
| Q4 25 | — | -1.7% | ||
| Q3 25 | -5.0% | -2.8% | ||
| Q2 25 | -8.1% | -0.3% | ||
| Q1 25 | -4.3% | -4.9% | ||
| Q4 24 | -7.9% | -12.6% | ||
| Q3 24 | -5.6% | -4.1% | ||
| Q2 24 | -8.4% | -2.0% | ||
| Q1 24 | 0.1% | -1.7% |
| Q4 25 | — | $-0.11 | ||
| Q3 25 | $-0.30 | $-0.18 | ||
| Q2 25 | $-0.49 | $-0.02 | ||
| Q1 25 | $-0.26 | $-0.30 | ||
| Q4 24 | $-0.48 | $-0.86 | ||
| Q3 24 | $-0.33 | $-0.25 | ||
| Q2 24 | $-0.49 | $-0.12 | ||
| Q1 24 | $0.00 | $-0.10 |
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 | $336.0M | $239.9M |
| 总债务越低越好 | — | $3.6B |
| 股东权益账面价值 | $4.7B | $1.7B |
| 总资产 | $21.6B | $8.1B |
| 负债/权益比越低杠杆越低 | — | 2.10× |
8季度趋势，按日历期对齐
| Q4 25 | — | $239.9M | ||
| Q3 25 | $336.0M | $203.4M | ||
| Q2 25 | $412.0M | $250.1M | ||
| Q1 25 | $506.0M | $229.3M | ||
| Q4 24 | $750.0M | $269.5M | ||
| Q3 24 | $1.3B | $221.8M | ||
| Q2 24 | $1.2B | $213.5M | ||
| Q1 24 | $1.5B | $185.2M |
| Q4 25 | — | $3.6B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | — | $3.5B | ||
| Q1 25 | — | $3.4B | ||
| Q4 24 | — | $3.3B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $3.0B | ||
| Q1 24 | — | $2.8B |
| Q4 25 | — | $1.7B | ||
| Q3 25 | $4.7B | $1.7B | ||
| Q2 25 | $4.8B | $1.7B | ||
| Q1 25 | $4.9B | $1.7B | ||
| Q4 24 | $4.9B | $1.8B | ||
| Q3 24 | $5.1B | $1.9B | ||
| Q2 24 | $5.1B | $2.0B | ||
| Q1 24 | $5.3B | $2.0B |
| Q4 25 | — | $8.1B | ||
| Q3 25 | $21.6B | $7.9B | ||
| Q2 25 | $21.3B | $8.0B | ||
| Q1 25 | $20.9B | $7.9B | ||
| Q4 24 | $20.6B | $7.9B | ||
| Q3 24 | $20.9B | $7.5B | ||
| Q2 24 | $20.2B | $7.5B | ||
| Q1 24 | $20.2B | $7.0B |
| Q4 25 | — | 2.10× | ||
| Q3 25 | — | 2.00× | ||
| Q2 25 | — | 1.98× | ||
| Q1 25 | — | 1.98× | ||
| Q4 24 | — | 1.83× | ||
| Q3 24 | — | 1.63× | ||
| Q2 24 | — | 1.56× | ||
| Q1 24 | — | 1.42× |
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 | $504.0M | $103.4M |
| 自由现金流经营现金流 - 资本支出 | $-315.0M | $90.6M |
| 自由现金流率自由现金流/营收 | -20.5% | 10.2% |
| 资本支出强度资本支出/营收 | 53.4% | 1.4% |
| 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 | $-1.4B | $195.6M |
8季度趋势，按日历期对齐
| Q4 25 | — | $103.4M | ||
| Q3 25 | $504.0M | $83.6M | ||
| Q2 25 | $477.0M | $81.3M | ||
| Q1 25 | $519.0M | $6.0M | ||
| Q4 24 | $294.0M | $111.4M | ||
| Q3 24 | $618.0M | $65.2M | ||
| Q2 24 | $374.0M | $82.8M | ||
| Q1 24 | $335.0M | $40.7M |
| Q4 25 | — | $90.6M | ||
| Q3 25 | $-315.0M | $63.8M | ||
| Q2 25 | $-368.0M | $57.9M | ||
| Q1 25 | $-238.0M | $-16.7M | ||
| Q4 24 | $-498.0M | $89.1M | ||
| Q3 24 | $-81.0M | $45.0M | ||
| Q2 24 | $-252.0M | $55.9M | ||
| Q1 24 | $-331.0M | $19.7M |
| Q4 25 | — | 10.2% | ||
| Q3 25 | -20.5% | 7.8% | ||
| Q2 25 | -24.2% | 7.0% | ||
| Q1 25 | -15.9% | -2.2% | ||
| Q4 24 | -33.4% | 10.3% | ||
| Q3 24 | -5.5% | 5.8% | ||
| Q2 24 | -17.2% | 7.3% | ||
| Q1 24 | -22.9% | 2.7% |
| Q4 25 | — | 1.4% | ||
| Q3 25 | 53.4% | 2.4% | ||
| Q2 25 | 55.5% | 2.8% | ||
| Q1 25 | 50.6% | 2.9% | ||
| Q4 24 | 53.2% | 2.6% | ||
| Q3 24 | 47.5% | 2.6% | ||
| Q2 24 | 42.7% | 3.5% | ||
| Q1 24 | 46.1% | 2.9% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 335.00× | — |
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
FYBR
| Consumer | $826.0M | 54% |
| Business And Wholesale | $707.0M | 46% |
SGRY
| Private Insurance | $460.5M | 52% |
| Government Revenue | $368.6M | 42% |
| Other | $19.8M | 2% |
| Self Pay Revenue | $19.6M | 2% |
| Other Patient Service Revenue Sources | $16.5M | 2% |
