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InnovAge Holding Corp.（INNV）与Pennant Group, Inc.（PNTG）财务数据对比。点击上方公司名可切换其他公司
Pennant Group, Inc.的季度营收约是InnovAge Holding Corp.的1.2倍（$289.3M vs $239.7M）。InnovAge Holding Corp.净利率更高（4.4% vs 3.0%，领先1.4%）。Pennant Group, Inc.同比增速更快（53.2% vs 14.7%）。InnovAge Holding Corp.自由现金流更多（$19.0M vs $17.4M）。过去两年Pennant Group, Inc.的营收复合增速更高（35.8% vs 11.4%）
InnovAge Holding Corp是美国领先的老年护理服务商，主要运营老年人全包护理项目（PACE），为符合条件的高龄群体提供综合医疗、社会支持与日常生活协助，帮助老人居家养老，服务覆盖美国多个州。
Pennant Group, Inc.是一家总部位于美国的医疗服务企业，主营家庭健康护理、临终关怀、长者居住服务及专业护理服务，业务覆盖美国数十个州，核心服务对象为老年及有特殊医疗需求的弱势人群。
INNV vs PNTG — 直观对比
营收规模更大
PNTG
是对方的1.2倍
$239.7M
营收增速更快
PNTG
高出38.5%
14.7%
净利率更高
INNV
高出1.4%
3.0%
自由现金流更多
INNV
多$1.6M
$17.4M
两年增速更快
PNTG
近两年复合增速
11.4%
损益表 — Q2 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $239.7M | $289.3M |
| 净利润 | $10.6M | $8.6M |
| 毛利率 | 22.0% | — |
| 营业利润率 | 5.5% | 6.0% |
| 净利率 | 4.4% | 3.0% |
| 营收同比 | 14.7% | 53.2% |
| 净利润同比 | 180.3% | 50.0% |
| 每股收益（稀释后） | $0.08 | $0.25 |
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INNVPNTG
| Q4 25 | $239.7M | $289.3M | ||
| Q3 25 | $236.1M | $229.0M | ||
| Q2 25 | $221.4M | $219.5M | ||
| Q1 25 | $218.1M | $209.8M | ||
| Q4 24 | $209.0M | $188.9M | ||
| Q3 24 | $205.1M | $180.7M | ||
| Q2 24 | $199.4M | $168.7M | ||
| Q1 24 | $193.1M | $156.9M |
净利润INNVPNTG
| Q4 25 | $10.6M | $8.6M | ||
| Q3 25 | $8.0M | $6.1M | ||
| Q2 25 | $-785.0K | $7.1M | ||
| Q1 25 | $-11.4M | $7.8M | ||
| Q4 24 | $-13.2M | $5.8M | ||
| Q3 24 | $-4.9M | $6.2M | ||
| Q2 24 | $-1.7M | $5.7M | ||
| Q1 24 | $-5.9M | $4.9M |
毛利率INNVPNTG
| Q4 25 | 22.0% | — | ||
| Q3 25 | 21.8% | — | ||
| Q2 25 | 18.6% | — | ||
| Q1 25 | 18.7% | — | ||
| Q4 24 | 17.7% | — | ||
| Q3 24 | 16.8% | — | ||
| Q2 24 | 18.3% | — | ||
| Q1 24 | 17.6% | — |
营业利润率INNVPNTG
| Q4 25 | 5.5% | 6.0% | ||
| Q3 25 | 3.5% | 4.5% | ||
| Q2 25 | -1.0% | 5.3% | ||
| Q1 25 | -4.7% | 6.0% | ||
| Q4 24 | -6.0% | 4.9% | ||
| Q3 24 | -2.4% | 6.0% | ||
| Q2 24 | -2.4% | 5.7% | ||
| Q1 24 | -3.0% | 5.4% |
净利率INNVPNTG
| Q4 25 | 4.4% | 3.0% | ||
| Q3 25 | 3.4% | 2.7% | ||
| Q2 25 | -0.4% | 3.2% | ||
| Q1 25 | -5.2% | 3.7% | ||
| Q4 24 | -6.3% | 3.0% | ||
| Q3 24 | -2.4% | 3.4% | ||
| Q2 24 | -0.9% | 3.4% | ||
| Q1 24 | -3.0% | 3.1% |
每股收益（稀释后）INNVPNTG
| Q4 25 | $0.08 | $0.25 | ||
| Q3 25 | $0.06 | $0.17 | ||
| Q2 25 | $0.00 | $0.20 | ||
| Q1 25 | $-0.08 | $0.22 | ||
| Q4 24 | $-0.10 | $0.16 | ||
| Q3 24 | $-0.04 | $0.20 | ||
| Q2 24 | $-0.01 | $0.18 | ||
| Q1 24 | $-0.04 | $0.16 |
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 | $126.0M | — |
| 总债务越低越好 | — | $168.8M |
| 股东权益账面价值 | $256.8M | $374.3M |
| 总资产 | $527.5M | $968.2M |
| 负债/权益比越低杠杆越低 | — | 0.45× |
8季度趋势，按日历期对齐
现金及短期投资INNVPNTG
| Q4 25 | $126.0M | — | ||
| Q3 25 | $109.4M | — | ||
| Q2 25 | $105.9M | — | ||
| Q1 25 | $101.7M | — | ||
| Q4 24 | $86.9M | — | ||
| Q3 24 | $85.7M | — | ||
| Q2 24 | $102.8M | — | ||
| Q1 24 | $99.3M | — |
总债务INNVPNTG
| Q4 25 | — | $168.8M | ||
| Q3 25 | — | $26.0M | ||
| Q2 25 | $60.0M | $37.0M | ||
| Q1 25 | — | $52.5M | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | $108.9M | ||
| Q2 24 | $66.0M | $82.2M | ||
| Q1 24 | — | $83.3M |
股东权益INNVPNTG
| Q4 25 | $256.8M | $374.3M | ||
| Q3 25 | $245.0M | $343.0M | ||
| Q2 25 | $235.0M | $333.6M | ||
| Q1 25 | $238.0M | $323.0M | ||
| Q4 24 | $248.5M | $312.0M | ||
| Q3 24 | $260.9M | $187.3M | ||
| Q2 24 | $269.3M | $173.0M | ||
| Q1 24 | $281.1M | $164.2M |
总资产INNVPNTG
| Q4 25 | $527.5M | $968.2M | ||
| Q3 25 | $510.2M | $753.6M | ||
| Q2 25 | $526.9M | $751.4M | ||
| Q1 25 | $536.6M | $743.6M | ||
| Q4 24 | $524.8M | $679.5M | ||
| Q3 24 | $527.7M | $646.8M | ||
| Q2 24 | $547.7M | $602.5M | ||
| Q1 24 | $527.4M | $578.2M |
负债/权益比INNVPNTG
| Q4 25 | — | 0.45× | ||
| Q3 25 | — | 0.08× | ||
| Q2 25 | 0.26× | 0.11× | ||
| Q1 25 | — | 0.16× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.58× | ||
| Q2 24 | 0.25× | 0.48× | ||
| Q1 24 | — | 0.51× |
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 | $21.4M | $21.0M |
| 自由现金流经营现金流 - 资本支出 | $19.0M | $17.4M |
| 自由现金流率自由现金流/营收 | 7.9% | 6.0% |
| 资本支出强度资本支出/营收 | 1.0% | 1.2% |
| 现金转化率经营现金流/净利润 | 2.01× | 2.43× |
| 过去12个月自由现金流最近4个季度 | $49.4M | $36.3M |
8季度趋势，按日历期对齐
经营现金流INNVPNTG
| Q4 25 | $21.4M | $21.0M | ||
| Q3 25 | $3.9M | $13.9M | ||
| Q2 25 | $9.0M | $34.6M | ||
| Q1 25 | $24.6M | $-21.2M | ||
| Q4 24 | $6.8M | $20.6M | ||
| Q3 24 | $-7.5M | $7.7M | ||
| Q2 24 | $1.9M | $10.5M | ||
| Q1 24 | $3.5M | $545.0K |
自由现金流INNVPNTG
| Q4 25 | $19.0M | $17.4M | ||
| Q3 25 | $-153.0K | $10.5M | ||
| Q2 25 | $8.8M | $31.6M | ||
| Q1 25 | $21.7M | $-23.2M | ||
| Q4 24 | $5.4M | $17.2M | ||
| Q3 24 | $-9.7M | $6.8M | ||
| Q2 24 | $-1.4M | $8.9M | ||
| Q1 24 | $3.1M | $-2.6M |
自由现金流率INNVPNTG
| Q4 25 | 7.9% | 6.0% | ||
| Q3 25 | -0.1% | 4.6% | ||
| Q2 25 | 4.0% | 14.4% | ||
| Q1 25 | 10.0% | -11.1% | ||
| Q4 24 | 2.6% | 9.1% | ||
| Q3 24 | -4.7% | 3.8% | ||
| Q2 24 | -0.7% | 5.3% | ||
| Q1 24 | 1.6% | -1.7% |
资本支出强度INNVPNTG
| Q4 25 | 1.0% | 1.2% | ||
| Q3 25 | 1.7% | 1.5% | ||
| Q2 25 | 0.1% | 1.4% | ||
| Q1 25 | 1.3% | 0.9% | ||
| Q4 24 | 0.6% | 1.8% | ||
| Q3 24 | 1.1% | 0.5% | ||
| Q2 24 | 1.7% | 1.0% | ||
| Q1 24 | 0.2% | 2.0% |
现金转化率INNVPNTG
| Q4 25 | 2.01× | 2.43× | ||
| Q3 25 | 0.49× | 2.29× | ||
| Q2 25 | — | 4.89× | ||
| Q1 25 | — | -2.73× | ||
| Q4 24 | — | 3.57× | ||
| Q3 24 | — | 1.24× | ||
| Q2 24 | — | 1.84× | ||
| Q1 24 | — | 0.11× |
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
INNV
暂无分部数据
PNTG
| Home Health Subsegment | $136.2M | 47% |
| Hospice Subsegment | $97.1M | 34% |
| Private And Other | $36.4M | 13% |
| Medicare And Medicaid | $19.6M | 7% |
| Affiliated Entity | $2.2M | 1% |
