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NEXSTAR MEDIA GROUP, INC.（NXST）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NEXSTAR MEDIA GROUP, INC.的1.1倍（$1.4B vs $1.3B），SELECT MEDICAL HOLDINGS CORP净利率更高（1.4% vs -12.9%，领先14.3%），SELECT MEDICAL HOLDINGS CORP同比增速更快（6.4% vs -13.4%），NEXSTAR MEDIA GROUP, INC.自由现金流更多（$136.0M vs $5.2M），过去两年SELECT MEDICAL HOLDINGS CORP的营收复合增速更高（2.8% vs 0.2%）
Nexstar Media Group, Inc.是美国上市传媒企业，总部设于得克萨斯州欧文、曼哈顿中城及芝加哥，1996年6月17日成立。作为美国规模最大的电视台运营商，集团在全美共拥有197家电视台，多数为美国四大广播电视网及MyNetworkTV附属台，覆盖从纽约到得州圣安杰洛等不同规模的市场。
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。
NXST vs SEM — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.4B |
| 净利润 | $-166.0M | $20.2M |
| 毛利率 | — | — |
| 营业利润率 | 18.7% | 4.6% |
| 净利率 | -12.9% | 1.4% |
| 营收同比 | -13.4% | 6.4% |
| 净利润同比 | -168.6% | 225.7% |
| 每股收益（稀释后） | $-5.57 | $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 | $1.3B | $1.4B | ||
| Q3 25 | $1.2B | $1.4B | ||
| Q2 25 | $1.2B | $1.3B | ||
| Q1 25 | $1.2B | $1.4B | ||
| Q4 24 | $1.5B | $1.3B | ||
| Q3 24 | $1.4B | $1.3B | ||
| Q2 24 | $1.3B | $1.3B | ||
| Q1 24 | $1.3B | $1.3B |
| Q4 25 | $-166.0M | $20.2M | ||
| Q3 25 | $70.0M | $28.8M | ||
| Q2 25 | $97.0M | $40.6M | ||
| Q1 25 | $108.0M | $56.7M | ||
| Q4 24 | $242.0M | $-16.1M | ||
| Q3 24 | $187.0M | $55.6M | ||
| Q2 24 | $118.0M | $77.6M | ||
| Q1 24 | $175.0M | $96.9M |
| Q4 25 | 18.7% | 4.6% | ||
| Q3 25 | 14.6% | 5.4% | ||
| Q2 25 | 17.3% | 6.5% | ||
| Q1 25 | 17.8% | 8.3% | ||
| Q4 24 | 28.1% | 1.6% | ||
| Q3 24 | 24.5% | 4.3% | ||
| Q2 24 | 18.9% | 5.8% | ||
| Q1 24 | 21.4% | 9.0% |
| Q4 25 | -12.9% | 1.4% | ||
| Q3 25 | 5.8% | 2.1% | ||
| Q2 25 | 7.9% | 3.0% | ||
| Q1 25 | 8.8% | 4.2% | ||
| Q4 24 | 16.3% | -1.2% | ||
| Q3 24 | 13.7% | 4.4% | ||
| Q2 24 | 9.3% | 6.1% | ||
| Q1 24 | 13.6% | 7.3% |
| Q4 25 | $-5.57 | $0.17 | ||
| Q3 25 | $2.14 | $0.23 | ||
| Q2 25 | $3.06 | $0.32 | ||
| Q1 25 | $3.37 | $0.44 | ||
| Q4 24 | $7.44 | $-0.12 | ||
| Q3 24 | $5.27 | $0.43 | ||
| Q2 24 | $3.54 | $0.60 | ||
| Q1 24 | $5.16 | $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 | $280.0M | $26.5M |
| 总债务越低越好 | $6.3B | $1.8B |
| 股东权益账面价值 | $2.1B | $1.7B |
| 总资产 | $10.8B | $5.9B |
| 负债/权益比越低杠杆越低 | 3.07× | 1.06× |
8季度趋势，按日历期对齐
| Q4 25 | $280.0M | $26.5M | ||
| Q3 25 | $236.0M | $60.1M | ||
| Q2 25 | $234.0M | $52.3M | ||
| Q1 25 | $253.0M | $53.2M | ||
| Q4 24 | $144.0M | $59.7M | ||
| Q3 24 | $181.0M | $191.5M | ||
| Q2 24 | $146.0M | $111.2M | ||
| Q1 24 | $237.0M | $92.6M |
| Q4 25 | $6.3B | $1.8B | ||
| Q3 25 | $6.4B | $1.7B | ||
| Q2 25 | $6.4B | $1.8B | ||
| Q1 25 | $6.5B | $1.8B | ||
| Q4 24 | $6.5B | $1.7B | ||
| Q3 24 | $6.7B | $3.1B | ||
| Q2 24 | $6.8B | $3.6B | ||
| Q1 24 | $6.8B | $3.8B |
| Q4 25 | $2.1B | $1.7B | ||
| Q3 25 | $2.3B | $1.7B | ||
| Q2 25 | $2.3B | $1.7B | ||
| Q1 25 | $2.2B | $1.7B | ||
| Q4 24 | $2.3B | $1.7B | ||
| Q3 24 | $2.2B | $1.9B | ||
| Q2 24 | $2.3B | $1.4B | ||
| Q1 24 | $2.3B | $1.4B |
| Q4 25 | $10.8B | $5.9B | ||
| Q3 25 | $11.2B | $5.7B | ||
| Q2 25 | $11.3B | $5.7B | ||
| Q1 25 | $11.4B | $5.7B | ||
| Q4 24 | $11.5B | $5.6B | ||
| Q3 24 | $11.7B | $8.0B | ||
| Q2 24 | $11.8B | $7.9B | ||
| Q1 24 | $11.9B | $7.9B |
| Q4 25 | 3.07× | 1.06× | ||
| Q3 25 | 2.78× | 1.03× | ||
| Q2 25 | 2.83× | 1.10× | ||
| Q1 25 | 2.89× | 1.03× | ||
| Q4 24 | 2.89× | 1.01× | ||
| Q3 24 | 3.02× | 1.62× | ||
| Q2 24 | 2.99× | 2.54× | ||
| Q1 24 | 2.93× | 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 | $190.0M | $64.3M |
| 自由现金流经营现金流 - 资本支出 | $136.0M | $5.2M |
| 自由现金流率自由现金流/营收 | 10.6% | 0.4% |
| 资本支出强度资本支出/营收 | 4.2% | 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 | $743.0M | $117.2M |
8季度趋势，按日历期对齐
| Q4 25 | $190.0M | $64.3M | ||
| Q3 25 | $117.0M | $175.3M | ||
| Q2 25 | $247.0M | $110.3M | ||
| Q1 25 | $337.0M | $-3.5M | ||
| Q4 24 | $411.0M | $125.4M | ||
| Q3 24 | $387.0M | $181.0M | ||
| Q2 24 | $176.0M | $278.2M | ||
| Q1 24 | $276.0M | $-66.7M |
| Q4 25 | $136.0M | $5.2M | ||
| Q3 25 | $87.0M | $122.2M | ||
| Q2 25 | $218.0M | $45.6M | ||
| Q1 25 | $302.0M | $-55.8M | ||
| Q4 24 | $376.0M | $62.0M | ||
| Q3 24 | $358.0M | $130.3M | ||
| Q2 24 | $139.0M | $222.6M | ||
| Q1 24 | $232.0M | $-119.2M |
| Q4 25 | 10.6% | 0.4% | ||
| Q3 25 | 7.3% | 9.0% | ||
| Q2 25 | 17.7% | 3.4% | ||
| Q1 25 | 24.5% | -4.1% | ||
| Q4 24 | 25.3% | 4.7% | ||
| Q3 24 | 26.2% | 10.2% | ||
| Q2 24 | 11.0% | 17.4% | ||
| Q1 24 | 18.1% | -9.0% |
| Q4 25 | 4.2% | 4.2% | ||
| Q3 25 | 2.5% | 3.9% | ||
| Q2 25 | 2.4% | 4.8% | ||
| Q1 25 | 2.8% | 3.9% | ||
| Q4 24 | 2.4% | 4.8% | ||
| Q3 24 | 2.1% | 4.0% | ||
| Q2 24 | 2.9% | 4.3% | ||
| Q1 24 | 3.4% | 4.0% |
| Q4 25 | — | 3.19× | ||
| Q3 25 | 1.67× | 6.09× | ||
| Q2 25 | 2.55× | 2.72× | ||
| Q1 25 | 3.12× | -0.06× | ||
| Q4 24 | 1.70× | — | ||
| Q3 24 | 2.07× | 3.25× | ||
| Q2 24 | 1.49× | 3.59× | ||
| Q1 24 | 1.58× | -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
NXST
| Distribution Service | $704.0M | 55% |
| Advertising | $491.0M | 38% |
| Other | $78.0M | 6% |
| Corporate | $3.0M | 0% |
SEM
| Critical Illness Recovery Hospitals | $629.7M | 45% |
| Health Care Patient Service Non Medicare | $428.6M | 31% |
| Rehabilitation Hospitals | $339.2M | 24% |
