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HCA Healthcare（HCA）与维萨（V）财务数据对比。点击上方公司名可切换其他公司
HCA Healthcare的季度营收约是维萨的1.7倍（$19.1B vs $11.2B），维萨净利率更高（53.4% vs 9.7%，领先43.7%），维萨同比增速更快（17.0% vs 4.3%），过去两年维萨的营收复合增速更高（12.3% vs 4.5%）
HCA Healthcare是1968年成立的美国营利性医疗服务运营商，总部位于田纳西州纳什维尔。截至2020年5月，其在全美20个州及英国运营186家医院，以及手术中心、独立急诊室、急症护理中心、医师诊所等约2400个各类医疗站点，业务覆盖范围广泛。
维萨（Visa Inc.）是总部位于美国加利福尼亚州旧金山的跨国支付卡服务企业，业务覆盖全球电子资金转账领域，旗下拥有Visa品牌的信用卡、借记卡、预付卡等多条产品线，为全球消费者及商户提供安全便捷的电子支付解决方案。
HCA vs V — 直观对比
营收规模更大
HCA
是对方的1.7倍
$11.2B
营收增速更快
V
高出12.7%
4.3%
净利率更高
V
高出43.7%
9.7%
两年增速更快
V
近两年复合增速
4.5%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $19.1B | $11.2B |
| 净利润 | $1.9B | $6.0B |
| 毛利率 | — | — |
| 营业利润率 | — | 64.4% |
| 净利率 | 9.7% | 53.4% |
| 营收同比 | 4.3% | 17.0% |
| 净利润同比 | 1.8% | 32.0% |
| 每股收益（稀释后） | $7.15 | — |
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HCAV
| Q2 26 | — | $11.2B | ||
| Q1 26 | $19.1B | — | ||
| Q4 25 | $19.5B | $10.9B | ||
| Q3 25 | $19.2B | $10.7B | ||
| Q2 25 | $18.6B | $10.2B | ||
| Q1 25 | $18.3B | $9.6B | ||
| Q4 24 | $18.3B | $9.5B | ||
| Q3 24 | $17.5B | $9.6B |
净利润HCAV
| Q2 26 | — | $6.0B | ||
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.9B | $5.9B | ||
| Q3 25 | $1.6B | $5.1B | ||
| Q2 25 | $1.7B | $5.3B | ||
| Q1 25 | $1.6B | $4.6B | ||
| Q4 24 | $1.4B | $5.1B | ||
| Q3 24 | $1.3B | $5.3B |
营业利润率HCAV
| Q2 26 | — | 64.4% | ||
| Q1 26 | — | — | ||
| Q4 25 | 13.7% | 61.8% | ||
| Q3 25 | 12.6% | 57.3% | ||
| Q2 25 | 13.0% | 60.7% | ||
| Q1 25 | 12.7% | 56.6% | ||
| Q4 24 | 11.7% | 65.6% | ||
| Q3 24 | 10.9% | 66.0% |
净利率HCAV
| Q2 26 | — | 53.4% | ||
| Q1 26 | 9.7% | — | ||
| Q4 25 | 9.6% | 53.7% | ||
| Q3 25 | 8.6% | 47.5% | ||
| Q2 25 | 8.9% | 51.8% | ||
| Q1 25 | 8.8% | 47.7% | ||
| Q4 24 | 7.9% | 53.8% | ||
| Q3 24 | 7.3% | 55.3% |
每股收益（稀释后）HCAV
| Q2 26 | — | — | ||
| Q1 26 | $7.15 | — | ||
| Q4 25 | $8.09 | — | ||
| Q3 25 | $6.96 | — | ||
| Q2 25 | $6.83 | — | ||
| Q1 25 | $6.45 | — | ||
| Q4 24 | $5.66 | — | ||
| Q3 24 | $4.88 | — |
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 | $940.0M | $12.4B |
| 总债务越低越好 | — | $22.4B |
| 股东权益账面价值 | — | $35.7B |
| 总资产 | $19.3B | $95.0B |
| 负债/权益比越低杠杆越低 | — | 0.63× |
8季度趋势，按日历期对齐
现金及短期投资HCAV
| Q2 26 | — | $12.4B | ||
| Q1 26 | $940.0M | — | ||
| Q4 25 | $1.0B | $14.8B | ||
| Q3 25 | $997.0M | $17.2B | ||
| Q2 25 | $939.0M | $17.1B | ||
| Q1 25 | $1.1B | $11.7B | ||
| Q4 24 | $1.9B | $12.4B | ||
| Q3 24 | $2.9B | $12.0B |
总债务HCAV
| Q2 26 | — | $22.4B | ||
| Q1 26 | — | — | ||
| Q4 25 | $44.3B | — | ||
| Q3 25 | $42.6B | — | ||
| Q2 25 | $42.7B | — | ||
| Q1 25 | $44.6B | — | ||
| Q4 24 | $43.0B | — | ||
| Q3 24 | $43.0B | — |
股东权益HCAV
| Q2 26 | — | $35.7B | ||
| Q1 26 | — | — | ||
| Q4 25 | $-6.0B | $38.8B | ||
| Q3 25 | $-5.3B | $37.9B | ||
| Q2 25 | $-4.4B | $38.7B | ||
| Q1 25 | $-3.5B | $38.0B | ||
| Q4 24 | $-2.5B | $38.3B | ||
| Q3 24 | $-2.2B | $39.1B |
总资产HCAV
| Q2 26 | — | $95.0B | ||
| Q1 26 | $19.3B | — | ||
| Q4 25 | $60.7B | $96.8B | ||
| Q3 25 | $59.7B | $99.6B | ||
| Q2 25 | $59.5B | $100.0B | ||
| Q1 25 | $59.8B | $92.9B | ||
| Q4 24 | $59.5B | $91.9B | ||
| Q3 24 | $59.5B | $94.5B |
负债/权益比HCAV
| Q2 26 | — | 0.63× | ||
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — |
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 | $2.0B | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 1.08× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流HCAV
| Q2 26 | — | — | ||
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.4B | $6.8B | ||
| Q3 25 | $4.4B | $6.2B | ||
| Q2 25 | $4.2B | $6.7B | ||
| Q1 25 | $1.7B | $4.7B | ||
| Q4 24 | $2.6B | $5.4B | ||
| Q3 24 | $3.5B | $6.7B |
自由现金流HCAV
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $870.0M | $6.4B | ||
| Q3 25 | $3.1B | $5.8B | ||
| Q2 25 | $3.0B | $6.3B | ||
| Q1 25 | $660.0M | $4.4B | ||
| Q4 24 | $1.3B | $5.1B | ||
| Q3 24 | $2.3B | $6.4B |
自由现金流率HCAV
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 4.5% | 58.7% | ||
| Q3 25 | 16.3% | 54.5% | ||
| Q2 25 | 16.3% | 62.0% | ||
| Q1 25 | 3.6% | 45.5% | ||
| Q4 24 | 7.0% | 53.1% | ||
| Q3 24 | 13.3% | 66.1% |
资本支出强度HCAV
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 7.6% | 3.5% | ||
| Q3 25 | 6.7% | 3.6% | ||
| Q2 25 | 6.3% | 4.1% | ||
| Q1 25 | 5.4% | 3.4% | ||
| Q4 24 | 7.0% | 3.6% | ||
| Q3 24 | 6.8% | 3.2% |
现金转化率HCAV
| Q2 26 | — | — | ||
| Q1 26 | 1.08× | — | ||
| Q4 25 | 1.26× | 1.16× | ||
| Q3 25 | 2.69× | 1.23× | ||
| Q2 25 | 2.55× | 1.28× | ||
| Q1 25 | 1.03× | 1.03× | ||
| Q4 24 | 1.78× | 1.05× | ||
| Q3 24 | 2.77× | 1.25× |
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
HCA
暂无分部数据
V
| Data processing revenue | $5.5B | 49% |
| International transaction revenue | $3.6B | 32% |
| Other revenue | $1.3B | 12% |
| Other | $736.0M | 7% |
