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Helmerich & Payne, Inc.（HP）与SELECT MEDICAL HOLDINGS CORP（SEM）财务数据对比。点击上方公司名可切换其他公司
SELECT MEDICAL HOLDINGS CORP的季度营收约是Helmerich & Payne, Inc.的1.4倍（$1.4B vs $981.1M），SELECT MEDICAL HOLDINGS CORP净利率更高（1.4% vs -9.9%，领先11.3%），Helmerich & Payne, Inc.同比增速更快（45.4% vs 6.4%），Helmerich & Payne, Inc.自由现金流更多（$114.9M vs $5.2M），过去两年Helmerich & Payne, Inc.的营收复合增速更高（19.7% vs 2.8%）
Helmerich & Payne（简称H&P）是总部位于美国俄克拉荷马州塔尔萨的跨国石油钻探承包商，为油气勘探开发企业提供钻井及相关配套服务。公司1998年推出的FlexRigs系列钻井平台广泛应用于非常规页岩地层钻探作业，是全球最大的陆上钻探服务商之一。
Select Medical是总部位于美国宾夕法尼亚州的医疗健康企业，业务涵盖长期急症护理、住院康复医院运营，同时开设有职业健康与物理治疗诊所，母公司Select Medical Holdings在纽约证券交易所挂牌上市。
HP vs SEM — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $981.1M | $1.4B |
| 净利润 | $-96.7M | $20.2M |
| 毛利率 | — | — |
| 营业利润率 | -6.1% | 4.6% |
| 净利率 | -9.9% | 1.4% |
| 营收同比 | 45.4% | 6.4% |
| 净利润同比 | -276.6% | 225.7% |
| 每股收益（稀释后） | $-0.98 | $0.17 |
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 | $981.1M | $1.4B | ||
| Q3 25 | $953.8M | $1.4B | ||
| Q2 25 | $1.0B | $1.3B | ||
| Q1 25 | $1.0B | $1.4B | ||
| Q4 24 | $674.6M | $1.3B | ||
| Q3 24 | $691.3M | $1.3B | ||
| Q2 24 | $695.1M | $1.3B | ||
| Q1 24 | $685.1M | $1.3B |
| Q4 25 | $-96.7M | $20.2M | ||
| Q3 25 | $-57.4M | $28.8M | ||
| Q2 25 | $-162.8M | $40.6M | ||
| Q1 25 | $1.7M | $56.7M | ||
| Q4 24 | $54.8M | $-16.1M | ||
| Q3 24 | $75.5M | $55.6M | ||
| Q2 24 | $88.7M | $77.6M | ||
| Q1 24 | $84.8M | $96.9M |
| Q4 25 | -6.1% | 4.6% | ||
| Q3 25 | -0.1% | 5.4% | ||
| Q2 25 | -12.4% | 6.5% | ||
| Q1 25 | 4.2% | 8.3% | ||
| Q4 24 | 13.3% | 1.6% | ||
| Q3 24 | 15.4% | 4.3% | ||
| Q2 24 | 16.0% | 5.8% | ||
| Q1 24 | 16.1% | 9.0% |
| Q4 25 | -9.9% | 1.4% | ||
| Q3 25 | -6.0% | 2.1% | ||
| Q2 25 | -15.7% | 3.0% | ||
| Q1 25 | 0.2% | 4.2% | ||
| Q4 24 | 8.1% | -1.2% | ||
| Q3 24 | 10.9% | 4.4% | ||
| Q2 24 | 12.8% | 6.1% | ||
| Q1 24 | 12.4% | 7.3% |
| Q4 25 | $-0.98 | $0.17 | ||
| Q3 25 | $-0.57 | $0.23 | ||
| Q2 25 | $-1.64 | $0.32 | ||
| Q1 25 | $0.01 | $0.44 | ||
| Q4 24 | $0.54 | $-0.12 | ||
| Q3 24 | $0.77 | $0.43 | ||
| Q2 24 | $0.88 | $0.60 | ||
| Q1 24 | $0.84 | $0.75 |
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 | $269.0M | $26.5M |
| 总债务越低越好 | $2.0B | $1.8B |
| 股东权益账面价值 | $2.7B | $1.7B |
| 总资产 | $6.5B | $5.9B |
| 负债/权益比越低杠杆越低 | 0.75× | 1.06× |
8季度趋势，按日历期对齐
| Q4 25 | $269.0M | $26.5M | ||
| Q3 25 | $218.3M | $60.1M | ||
| Q2 25 | $187.4M | $52.3M | ||
| Q1 25 | $195.6M | $53.2M | ||
| Q4 24 | $526.5M | $59.7M | ||
| Q3 24 | $510.3M | $191.5M | ||
| Q2 24 | $289.7M | $111.2M | ||
| Q1 24 | $277.0M | $92.6M |
| Q4 25 | $2.0B | $1.8B | ||
| Q3 25 | $2.1B | $1.7B | ||
| Q2 25 | $2.2B | $1.8B | ||
| Q1 25 | $2.2B | $1.8B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | $1.8B | $3.1B | ||
| Q2 24 | — | $3.6B | ||
| Q1 24 | — | $3.8B |
| Q4 25 | $2.7B | $1.7B | ||
| Q3 25 | $2.8B | $1.7B | ||
| Q2 25 | $2.9B | $1.7B | ||
| Q1 25 | $3.1B | $1.7B | ||
| Q4 24 | $2.9B | $1.7B | ||
| Q3 24 | $2.9B | $1.9B | ||
| Q2 24 | $2.9B | $1.4B | ||
| Q1 24 | $2.8B | $1.4B |
| Q4 25 | $6.5B | $5.9B | ||
| Q3 25 | $6.7B | $5.7B | ||
| Q2 25 | $6.9B | $5.7B | ||
| Q1 25 | $7.2B | $5.7B | ||
| Q4 24 | $5.8B | $5.6B | ||
| Q3 24 | $5.8B | $8.0B | ||
| Q2 24 | $4.5B | $7.9B | ||
| Q1 24 | $4.4B | $7.9B |
| Q4 25 | 0.75× | 1.06× | ||
| Q3 25 | 0.73× | 1.03× | ||
| Q2 25 | 0.76× | 1.10× | ||
| Q1 25 | 0.73× | 1.03× | ||
| Q4 24 | — | 1.01× | ||
| Q3 24 | 0.61× | 1.62× | ||
| Q2 24 | — | 2.54× | ||
| Q1 24 | — | 2.75× |
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 | $182.4M | $64.3M |
| 自由现金流经营现金流 - 资本支出 | $114.9M | $5.2M |
| 自由现金流率自由现金流/营收 | 11.7% | 0.4% |
| 资本支出强度资本支出/营收 | 6.9% | 4.2% |
| 现金转化率经营现金流/净利润 | — | 3.19× |
| 过去12个月自由现金流最近4个季度 | $179.6M | $117.2M |
8季度趋势，按日历期对齐
| Q4 25 | $182.4M | $64.3M | ||
| Q3 25 | $206.9M | $175.3M | ||
| Q2 25 | $121.6M | $110.3M | ||
| Q1 25 | $56.0M | $-3.5M | ||
| Q4 24 | $158.4M | $125.4M | ||
| Q3 24 | $168.8M | $181.0M | ||
| Q2 24 | $197.4M | $278.2M | ||
| Q1 24 | $143.7M | $-66.7M |
| Q4 25 | $114.9M | $5.2M | ||
| Q3 25 | $142.8M | $122.2M | ||
| Q2 25 | $24.6M | $45.6M | ||
| Q1 25 | $-102.7M | $-55.8M | ||
| Q4 24 | $51.9M | $62.0M | ||
| Q3 24 | $62.8M | $130.3M | ||
| Q2 24 | $63.0M | $222.6M | ||
| Q1 24 | $25.4M | $-119.2M |
| Q4 25 | 11.7% | 0.4% | ||
| Q3 25 | 15.0% | 9.0% | ||
| Q2 25 | 2.4% | 3.4% | ||
| Q1 25 | -10.1% | -4.1% | ||
| Q4 24 | 7.7% | 4.7% | ||
| Q3 24 | 9.1% | 10.2% | ||
| Q2 24 | 9.1% | 17.4% | ||
| Q1 24 | 3.7% | -9.0% |
| Q4 25 | 6.9% | 4.2% | ||
| Q3 25 | 6.7% | 3.9% | ||
| Q2 25 | 9.3% | 4.8% | ||
| Q1 25 | 15.7% | 3.9% | ||
| Q4 24 | 15.8% | 4.8% | ||
| Q3 24 | 15.3% | 4.0% | ||
| Q2 24 | 19.3% | 4.3% | ||
| Q1 24 | 17.3% | 4.0% |
| Q4 25 | — | 3.19× | ||
| Q3 25 | — | 6.09× | ||
| Q2 25 | — | 2.72× | ||
| Q1 25 | 33.89× | -0.06× | ||
| Q4 24 | 2.89× | — | ||
| Q3 24 | 2.24× | 3.25× | ||
| Q2 24 | 2.23× | 3.59× | ||
| Q1 24 | 1.69× | -0.69× |
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
HP
| North America Solutions | $563.6M | 57% |
| International Solutions Segment | $229.3M | 23% |
| Offshore Solutions | $188.3M | 19% |
SEM
| Critical Illness Recovery Hospitals | $629.7M | 45% |
| Health Care Patient Service Non Medicare | $428.6M | 31% |
| Rehabilitation Hospitals | $339.2M | 24% |
