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Graham Holdings Co（GHC）与PERDOCEO EDUCATION Corp（PRDO）财务数据对比。点击上方公司名可切换其他公司
Graham Holdings Co的季度营收约是PERDOCEO EDUCATION Corp的5.9倍（$1.3B vs $211.6M）。PERDOCEO EDUCATION Corp同比增速更快（20.0% vs 0.4%）。PERDOCEO EDUCATION Corp自由现金流更多（$37.9M vs $5.0M）。过去两年PERDOCEO EDUCATION Corp的营收复合增速更高（12.2% vs 4.2%）
Graham Holdings是一家总部位于美国弗吉尼亚州阿灵顿县、在特拉华州注册的多元化综合控股集团，曾持有知名媒体《华盛顿邮报》与《新闻周刊》的所有权，旗下业务覆盖多个领域，在北美市场拥有深厚的行业运营积淀。
Perdoceo Education是美国上市营利性教育集团，前身为职业教育公司（Career Education Corporation），旗下运营五所美国营利性大学，包括美国洲际大学、科罗拉多理工大学、南加利福尼亚大学、三叉戟国际大学及圣奥古斯丁健康科学大学，业务覆盖高等教育、职业教育及健康科学相关教育领域。
GHC vs PRDO — 直观对比
营收规模更大
GHC
是对方的5.9倍
$211.6M
营收增速更快
PRDO
高出19.5%
0.4%
自由现金流更多
PRDO
多$32.9M
$5.0M
两年增速更快
PRDO
近两年复合增速
4.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $211.6M |
| 净利润 | $108.7M | — |
| 毛利率 | — | — |
| 营业利润率 | 3.8% | 19.8% |
| 净利率 | 8.7% | — |
| 营收同比 | 0.4% | 20.0% |
| 净利润同比 | -80.2% | — |
| 每股收益（稀释后） | $24.76 | $0.55 |
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GHCPRDO
| Q4 25 | $1.3B | $211.6M | ||
| Q3 25 | $1.3B | $211.9M | ||
| Q2 25 | $1.2B | $209.6M | ||
| Q1 25 | $1.2B | $213.0M | ||
| Q4 24 | $1.2B | $176.4M | ||
| Q3 24 | $1.2B | $169.8M | ||
| Q2 24 | $1.2B | $166.7M | ||
| Q1 24 | $1.2B | $168.3M |
净利润GHCPRDO
| Q4 25 | $108.7M | — | ||
| Q3 25 | $122.9M | $39.9M | ||
| Q2 25 | $36.7M | $41.0M | ||
| Q1 25 | $23.9M | $43.7M | ||
| Q4 24 | $548.8M | — | ||
| Q3 24 | $72.5M | $38.3M | ||
| Q2 24 | $-21.0M | $38.4M | ||
| Q1 24 | $124.4M | $39.4M |
营业利润率GHCPRDO
| Q4 25 | 3.8% | 19.8% | ||
| Q3 25 | 5.2% | 24.1% | ||
| Q2 25 | 6.0% | 24.5% | ||
| Q1 25 | 4.1% | 24.3% | ||
| Q4 24 | 5.8% | 21.1% | ||
| Q3 24 | 6.8% | 26.4% | ||
| Q2 24 | 2.2% | 27.6% | ||
| Q1 24 | 3.1% | 27.5% |
净利率GHCPRDO
| Q4 25 | 8.7% | — | ||
| Q3 25 | 9.6% | 18.8% | ||
| Q2 25 | 3.0% | 19.6% | ||
| Q1 25 | 2.0% | 20.5% | ||
| Q4 24 | 44.1% | — | ||
| Q3 24 | 6.0% | 22.5% | ||
| Q2 24 | -1.8% | 23.0% | ||
| Q1 24 | 10.8% | 23.4% |
每股收益（稀释后）GHCPRDO
| Q4 25 | $24.76 | $0.55 | ||
| Q3 25 | $27.91 | $0.60 | ||
| Q2 25 | $8.35 | $0.62 | ||
| Q1 25 | $5.45 | $0.65 | ||
| Q4 24 | $124.05 | $0.46 | ||
| Q3 24 | $16.42 | $0.57 | ||
| Q2 24 | $-4.79 | $0.57 | ||
| Q1 24 | $27.72 | $0.59 |
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 | $267.0M | $111.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.8B | $972.4M |
| 总资产 | $8.4B | $1.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资GHCPRDO
| Q4 25 | $267.0M | $111.0M | ||
| Q3 25 | $190.8M | $159.5M | ||
| Q2 25 | $176.2M | $172.1M | ||
| Q1 25 | $156.7M | $132.1M | ||
| Q4 24 | $260.9M | $109.1M | ||
| Q3 24 | $244.4M | $238.0M | ||
| Q2 24 | $140.7M | $127.9M | ||
| Q1 24 | $130.9M | $125.8M |
股东权益GHCPRDO
| Q4 25 | $4.8B | $972.4M | ||
| Q3 25 | $4.5B | $997.9M | ||
| Q2 25 | $4.4B | $984.6M | ||
| Q1 25 | $4.3B | $970.3M | ||
| Q4 24 | $4.3B | $959.5M | ||
| Q3 24 | $4.0B | $935.4M | ||
| Q2 24 | $4.0B | $899.5M | ||
| Q1 24 | $4.0B | $866.1M |
总资产GHCPRDO
| Q4 25 | $8.4B | $1.2B | ||
| Q3 25 | $7.9B | $1.3B | ||
| Q2 25 | $7.6B | $1.3B | ||
| Q1 25 | $7.6B | $1.3B | ||
| Q4 24 | $7.7B | $1.2B | ||
| Q3 24 | $7.4B | $1.1B | ||
| Q2 24 | $7.2B | $1.1B | ||
| Q1 24 | $7.3B | $1.1B |
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 | $28.3M | $40.1M |
| 自由现金流经营现金流 - 资本支出 | $5.0M | $37.9M |
| 自由现金流率自由现金流/营收 | 0.4% | 17.9% |
| 资本支出强度资本支出/营收 | 1.9% | 1.1% |
| 现金转化率经营现金流/净利润 | 0.26× | — |
| 过去12个月自由现金流最近4个季度 | $275.3M | $216.7M |
8季度趋势，按日历期对齐
经营现金流GHCPRDO
| Q4 25 | $28.3M | $40.1M | ||
| Q3 25 | $178.1M | $41.2M | ||
| Q2 25 | $94.8M | $78.8M | ||
| Q1 25 | $46.0M | $65.1M | ||
| Q4 24 | $116.3M | $17.6M | ||
| Q3 24 | $237.6M | $51.0M | ||
| Q2 24 | $52.0M | $38.5M | ||
| Q1 24 | $1.1M | $54.5M |
自由现金流GHCPRDO
| Q4 25 | $5.0M | $37.9M | ||
| Q3 25 | $161.8M | $39.4M | ||
| Q2 25 | $78.0M | $76.0M | ||
| Q1 25 | $30.5M | $63.4M | ||
| Q4 24 | $91.1M | $16.0M | ||
| Q3 24 | $219.4M | $50.0M | ||
| Q2 24 | $33.7M | $37.7M | ||
| Q1 24 | $-20.2M | $53.3M |
自由现金流率GHCPRDO
| Q4 25 | 0.4% | 17.9% | ||
| Q3 25 | 12.6% | 18.6% | ||
| Q2 25 | 6.4% | 36.3% | ||
| Q1 25 | 2.6% | 29.8% | ||
| Q4 24 | 7.3% | 9.1% | ||
| Q3 24 | 18.2% | 29.4% | ||
| Q2 24 | 2.8% | 22.6% | ||
| Q1 24 | -1.8% | 31.7% |
资本支出强度GHCPRDO
| Q4 25 | 1.9% | 1.1% | ||
| Q3 25 | 1.3% | 0.9% | ||
| Q2 25 | 1.4% | 1.3% | ||
| Q1 25 | 1.3% | 0.8% | ||
| Q4 24 | 2.0% | 0.9% | ||
| Q3 24 | 1.5% | 0.6% | ||
| Q2 24 | 1.5% | 0.5% | ||
| Q1 24 | 1.8% | 0.7% |
现金转化率GHCPRDO
| Q4 25 | 0.26× | — | ||
| Q3 25 | 1.45× | 1.03× | ||
| Q2 25 | 2.58× | 1.92× | ||
| Q1 25 | 1.93× | 1.49× | ||
| Q4 24 | 0.21× | — | ||
| Q3 24 | 3.28× | 1.33× | ||
| Q2 24 | — | 1.00× | ||
| Q1 24 | 0.01× | 1.38× |
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
GHC
| Products | $602.7M | 48% |
| Kaplan International | $251.9M | 20% |
| Manufacturing | $117.8M | 9% |
| Television Broadcasting | $110.5M | 9% |
| Higher Education | $83.8M | 7% |
| Supplemental Education | $74.9M | 6% |
| Related Party | $4.4M | 0% |
PRDO
| CTU | $107.0M | 51% |
| AIUS | $60.8M | 29% |
| University Of St Augustine For Health Sciences Llc | $43.7M | 21% |
| Other | $1.1M | 1% |
