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NATIONAL HEALTHCARE CORP（NHC）与Childrens Place, Inc.（PLCE）财务数据对比。点击上方公司名可切换其他公司
NATIONAL HEALTHCARE CORP的季度营收约是Childrens Place, Inc.的1.1倍（$386.5M vs $339.5M），NATIONAL HEALTHCARE CORP净利率更高（6.4% vs -1.3%，领先7.7%），NATIONAL HEALTHCARE CORP同比增速更快（4.6% vs -13.0%），NATIONAL HEALTHCARE CORP自由现金流更多（$6.4M vs $-3.4M），过去两年NATIONAL HEALTHCARE CORP的营收复合增速更高（14.0% vs -13.6%）
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，该公司在全美20个州及英国持有并运营186家医院，还有约2400个医疗服务网点，涵盖手术中心、独立急诊室、紧急护理中心及医师诊所，2024年位列美国财富500强第61位。
Children’s Place是专业儿童服饰零售商，产品主要以旗下自有品牌发售，涵盖Gymboree、Sugar & Jade、PJ Place、Crazy 8等。目前该品牌在美国、加拿大、波多黎各共开设约525家门店，同时通过两个线上渠道以及15个国家的5家加盟合作伙伴开展销售，产品涵盖上衣、裙装、鞋履、裤装、睡衣、背包等全品类儿童服饰配件。
NHC vs PLCE — 直观对比
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $386.5M | $339.5M |
| 净利润 | $24.8M | $-4.3M |
| 毛利率 | — | 33.1% |
| 营业利润率 | 8.6% | 1.1% |
| 净利率 | 6.4% | -1.3% |
| 营收同比 | 4.6% | -13.0% |
| 净利润同比 | 308.6% | -121.5% |
| 每股收益（稀释后） | $1.58 | $-0.19 |
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 | $386.5M | $339.5M | ||
| Q3 25 | $382.7M | $298.0M | ||
| Q2 25 | $374.9M | $242.1M | ||
| Q1 25 | $373.7M | $408.6M | ||
| Q4 24 | $369.4M | $390.2M | ||
| Q3 24 | $340.2M | $319.7M | ||
| Q2 24 | $300.7M | $267.9M | ||
| Q1 24 | $297.2M | $455.0M |
| Q4 25 | $24.8M | $-4.3M | ||
| Q3 25 | $39.2M | $-5.4M | ||
| Q2 25 | $23.7M | $-34.0M | ||
| Q1 25 | $32.2M | $-8.0M | ||
| Q4 24 | $6.1M | $20.1M | ||
| Q3 24 | $42.8M | $-32.1M | ||
| Q2 24 | $26.8M | $-37.8M | ||
| Q1 24 | $26.2M | $-128.8M |
| Q4 25 | — | 33.1% | ||
| Q3 25 | — | 34.0% | ||
| Q2 25 | — | 29.2% | ||
| Q1 25 | — | 28.5% | ||
| Q4 24 | — | 35.5% | ||
| Q3 24 | — | 35.0% | ||
| Q2 24 | — | 34.6% | ||
| Q1 24 | — | 21.8% |
| Q4 25 | 8.6% | 1.1% | ||
| Q3 25 | 7.9% | 1.4% | ||
| Q2 25 | 9.1% | -10.0% | ||
| Q1 25 | 8.2% | 1.7% | ||
| Q4 24 | 7.8% | 7.5% | ||
| Q3 24 | 6.7% | -6.8% | ||
| Q2 24 | 7.5% | -10.4% | ||
| Q1 24 | 5.3% | -13.6% |
| Q4 25 | 6.4% | -1.3% | ||
| Q3 25 | 10.3% | -1.8% | ||
| Q2 25 | 6.3% | -14.1% | ||
| Q1 25 | 8.6% | -2.0% | ||
| Q4 24 | 1.6% | 5.1% | ||
| Q3 24 | 12.6% | -10.0% | ||
| Q2 24 | 8.9% | -14.1% | ||
| Q1 24 | 8.8% | -28.3% |
| Q4 25 | $1.58 | $-0.19 | ||
| Q3 25 | $2.50 | $-0.24 | ||
| Q2 25 | $1.52 | $-1.57 | ||
| Q1 25 | $2.07 | $-0.60 | ||
| Q4 24 | $0.38 | $1.57 | ||
| Q3 24 | $2.73 | $-2.51 | ||
| Q2 24 | $1.73 | $-2.98 | ||
| Q1 24 | $1.69 | $-10.24 |
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 | $92.8M | $7.3M |
| 总债务越低越好 | $40.0M | $107.4M |
| 股东权益账面价值 | $1.1B | $-8.6M |
| 总资产 | $1.5B | $762.5M |
| 负债/权益比越低杠杆越低 | 0.04× | — |
8季度趋势，按日历期对齐
| Q4 25 | $92.8M | $7.3M | ||
| Q3 25 | $130.6M | $7.8M | ||
| Q2 25 | $111.0M | $5.7M | ||
| Q1 25 | $90.4M | $5.3M | ||
| Q4 24 | $76.1M | $5.7M | ||
| Q3 24 | $84.8M | $9.6M | ||
| Q2 24 | $136.2M | $13.0M | ||
| Q1 24 | $94.0M | $13.6M |
| Q4 25 | $40.0M | $107.4M | ||
| Q3 25 | $73.1M | $107.2M | ||
| Q2 25 | $110.0M | $107.0M | ||
| Q1 25 | $134.0M | $166.0M | ||
| Q4 24 | $137.0M | $165.7M | ||
| Q3 24 | $147.0M | $165.4M | ||
| Q2 24 | — | $166.6M | ||
| Q1 24 | — | $49.8M |
| Q4 25 | $1.1B | $-8.6M | ||
| Q3 25 | $1.1B | $-4.9M | ||
| Q2 25 | $1.0B | $1.4M | ||
| Q1 25 | $1.0B | $-59.4M | ||
| Q4 24 | $980.2M | $-49.6M | ||
| Q3 24 | $983.5M | $-68.9M | ||
| Q2 24 | $945.8M | $-34.9M | ||
| Q1 24 | $924.7M | $-9.0M |
| Q4 25 | $1.5B | $762.5M | ||
| Q3 25 | $1.6B | $805.1M | ||
| Q2 25 | $1.6B | $779.6M | ||
| Q1 25 | $1.5B | $747.6M | ||
| Q4 24 | $1.5B | $888.8M | ||
| Q3 24 | $1.6B | $921.4M | ||
| Q2 24 | $1.3B | $848.3M | ||
| Q1 24 | $1.3B | $800.3M |
| Q4 25 | 0.04× | — | ||
| Q3 25 | 0.07× | — | ||
| Q2 25 | 0.11× | 75.63× | ||
| Q1 25 | 0.13× | — | ||
| Q4 24 | 0.14× | — | ||
| Q3 24 | 0.15× | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $16.8M | $6.2M |
| 自由现金流经营现金流 - 资本支出 | $6.4M | $-3.4M |
| 自由现金流率自由现金流/营收 | 1.7% | -1.0% |
| 资本支出强度资本支出/营收 | 2.7% | 2.8% |
| 现金转化率经营现金流/净利润 | 0.68× | — |
| 过去12个月自由现金流最近4个季度 | $148.6M | $39.5M |
8季度趋势，按日历期对齐
| Q4 25 | $16.8M | $6.2M | ||
| Q3 25 | $66.2M | $-30.5M | ||
| Q2 25 | $62.8M | $-43.0M | ||
| Q1 25 | $39.3M | $121.3M | ||
| Q4 24 | $12.8M | $-44.2M | ||
| Q3 24 | $34.2M | $-83.9M | ||
| Q2 24 | $50.7M | $-110.8M | ||
| Q1 24 | $9.6M | $135.4M |
| Q4 25 | $6.4M | $-3.4M | ||
| Q3 25 | $56.5M | $-31.9M | ||
| Q2 25 | $52.6M | $-46.4M | ||
| Q1 25 | $33.1M | $121.2M | ||
| Q4 24 | $4.6M | $-47.7M | ||
| Q3 24 | $28.6M | $-91.7M | ||
| Q2 24 | $42.8M | $-115.5M | ||
| Q1 24 | $3.7M | $132.2M |
| Q4 25 | 1.7% | -1.0% | ||
| Q3 25 | 14.8% | -10.7% | ||
| Q2 25 | 14.0% | -19.2% | ||
| Q1 25 | 8.9% | 29.7% | ||
| Q4 24 | 1.3% | -12.2% | ||
| Q3 24 | 8.4% | -28.7% | ||
| Q2 24 | 14.2% | -43.1% | ||
| Q1 24 | 1.2% | 29.1% |
| Q4 25 | 2.7% | 2.8% | ||
| Q3 25 | 2.5% | 0.5% | ||
| Q2 25 | 2.7% | 1.4% | ||
| Q1 25 | 1.6% | 0.0% | ||
| Q4 24 | 2.2% | 0.9% | ||
| Q3 24 | 1.7% | 2.4% | ||
| Q2 24 | 2.6% | 1.8% | ||
| Q1 24 | 2.0% | 0.7% |
| Q4 25 | 0.68× | — | ||
| Q3 25 | 1.69× | — | ||
| Q2 25 | 2.65× | — | ||
| Q1 25 | 1.22× | — | ||
| Q4 24 | 2.10× | -2.20× | ||
| Q3 24 | 0.80× | — | ||
| Q2 24 | 1.89× | — | ||
| Q1 24 | 0.37× | — |
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
NHC
| Inpatient Services Segment | $333.7M | 86% |
| Homecare Services Segment | $40.0M | 10% |
| Other | $11.2M | 3% |
| National | $1.6M | 0% |
PLCE
| The Childrens Place US | $307.4M | 91% |
| The Childrens Place International | $32.1M | 9% |
| Gift Cards | $1.7M | 1% |
