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P3 Health Partners Inc.（PIII）与Revolve Group, Inc.（RVLV）财务数据对比。点击上方公司名可切换其他公司
P3 Health Partners Inc.的季度营收约是Revolve Group, Inc.的1.2倍（$384.8M vs $324.4M），Revolve Group, Inc.净利率更高（5.7% vs -19.6%，领先25.3%），Revolve Group, Inc.同比增速更快（10.4% vs 3.8%），过去两年Revolve Group, Inc.的营收复合增速更高（9.5% vs -0.5%）
P3 Health Partners Inc.是一家总部位于美国的人口健康管理与价值型医疗服务企业，与基层医疗机构及医疗系统合作，为包括联邦医保优势计划参保者在内的人群提供协同优质医疗服务，致力于提升诊疗效果、降低不必要的医疗开支。
Revolve Theatre Company是总部位于英国泰晤士河畔亨利的剧团，专注于创作演出政治题材和莎士比亚系列戏剧作品，由奥利弗·登奇、乔·莫里斯与汤姆·史密斯共同创立运营。
PIII vs RVLV — 直观对比
营收规模更大
PIII
是对方的1.2倍
$324.4M
营收增速更快
RVLV
高出6.6%
3.8%
净利率更高
RVLV
高出25.3%
-19.6%
两年增速更快
RVLV
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $384.8M | $324.4M |
| 净利润 | $-75.5M | $18.6M |
| 毛利率 | — | 53.3% |
| 营业利润率 | -40.0% | 6.3% |
| 净利率 | -19.6% | 5.7% |
| 营收同比 | 3.8% | 10.4% |
| 净利润同比 | -28.8% | 50.4% |
| 每股收益（稀释后） | $-23.08 | $0.27 |
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PIIIRVLV
| Q4 25 | $384.8M | $324.4M | ||
| Q3 25 | $345.3M | $295.6M | ||
| Q2 25 | $355.8M | $309.0M | ||
| Q1 25 | $373.2M | $296.7M | ||
| Q4 24 | $370.7M | $293.7M | ||
| Q3 24 | $362.1M | $283.1M | ||
| Q2 24 | $379.2M | $282.5M | ||
| Q1 24 | $388.5M | $270.6M |
净利润PIIIRVLV
| Q4 25 | $-75.5M | $18.6M | ||
| Q3 25 | $-31.6M | $21.2M | ||
| Q2 25 | $-20.4M | $10.2M | ||
| Q1 25 | $-20.5M | $11.8M | ||
| Q4 24 | $-58.6M | $12.3M | ||
| Q3 24 | $-46.5M | $11.0M | ||
| Q2 24 | $-12.0M | $15.4M | ||
| Q1 24 | $-18.7M | $10.9M |
毛利率PIIIRVLV
| Q4 25 | — | 53.3% | ||
| Q3 25 | — | 54.6% | ||
| Q2 25 | — | 54.1% | ||
| Q1 25 | — | 52.0% | ||
| Q4 24 | — | 52.5% | ||
| Q3 24 | — | 51.2% | ||
| Q2 24 | — | 54.0% | ||
| Q1 24 | — | 52.3% |
营业利润率PIIIRVLV
| Q4 25 | -40.0% | 6.3% | ||
| Q3 25 | -12.8% | 7.1% | ||
| Q2 25 | -9.6% | 5.8% | ||
| Q1 25 | -10.2% | 5.0% | ||
| Q4 24 | -37.4% | 3.9% | ||
| Q3 24 | -29.5% | 5.0% | ||
| Q2 24 | -8.3% | 5.8% | ||
| Q1 24 | -11.3% | 3.4% |
净利率PIIIRVLV
| Q4 25 | -19.6% | 5.7% | ||
| Q3 25 | -9.1% | 7.2% | ||
| Q2 25 | -5.7% | 3.3% | ||
| Q1 25 | -5.5% | 4.0% | ||
| Q4 24 | -15.8% | 4.2% | ||
| Q3 24 | -12.8% | 3.9% | ||
| Q2 24 | -3.2% | 5.4% | ||
| Q1 24 | -4.8% | 4.0% |
每股收益（稀释后）PIIIRVLV
| Q4 25 | $-23.08 | $0.27 | ||
| Q3 25 | $-9.67 | $0.29 | ||
| Q2 25 | $-6.23 | $0.14 | ||
| Q1 25 | $-6.28 | $0.16 | ||
| Q4 24 | $-23.13 | $0.18 | ||
| Q3 24 | $-15.70 | $0.15 | ||
| Q2 24 | $-7.37 | $0.21 | ||
| Q1 24 | $-7.86 | $0.15 |
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 | $25.0M | $292.3M |
| 总债务越低越好 | $228.4M | — |
| 股东权益账面价值 | $-155.2M | $512.5M |
| 总资产 | $656.6M | $765.0M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资PIIIRVLV
| Q4 25 | $25.0M | $292.3M | ||
| Q3 25 | $37.7M | $315.4M | ||
| Q2 25 | $38.6M | $310.7M | ||
| Q1 25 | $40.1M | $300.8M | ||
| Q4 24 | $38.8M | $256.6M | ||
| Q3 24 | $63.0M | $252.8M | ||
| Q2 24 | $73.1M | $244.7M | ||
| Q1 24 | $27.3M | $273.4M |
总债务PIIIRVLV
| Q4 25 | $228.4M | — | ||
| Q3 25 | $252.8M | — | ||
| Q2 25 | $182.0M | — | ||
| Q1 25 | $171.1M | — | ||
| Q4 24 | $108.9M | — | ||
| Q3 24 | $133.2M | — | ||
| Q2 24 | $133.1M | — | ||
| Q1 24 | $118.1M | — |
股东权益PIIIRVLV
| Q4 25 | $-155.2M | $512.5M | ||
| Q3 25 | $-18.7M | $490.2M | ||
| Q2 25 | $44.5M | $468.6M | ||
| Q1 25 | $63.3M | $453.4M | ||
| Q4 24 | $75.9M | $437.8M | ||
| Q3 24 | $120.5M | $420.8M | ||
| Q2 24 | $166.8M | $405.8M | ||
| Q1 24 | $146.6M | $389.9M |
总资产PIIIRVLV
| Q4 25 | $656.6M | $765.0M | ||
| Q3 25 | $683.6M | $751.3M | ||
| Q2 25 | $731.6M | $722.9M | ||
| Q1 25 | $783.9M | $713.9M | ||
| Q4 24 | $783.4M | $665.5M | ||
| Q3 24 | $833.3M | $670.9M | ||
| Q2 24 | $892.8M | $657.8M | ||
| Q1 24 | $855.9M | $650.0M |
负债/权益比PIIIRVLV
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 4.09× | — | ||
| Q1 25 | 2.71× | — | ||
| Q4 24 | 1.43× | — | ||
| Q3 24 | 1.11× | — | ||
| Q2 24 | 0.80× | — | ||
| Q1 24 | 0.81× | — |
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 | $-25.7M | $-10.2M |
| 自由现金流经营现金流 - 资本支出 | — | $-13.3M |
| 自由现金流率自由现金流/营收 | — | -4.1% |
| 资本支出强度资本支出/营收 | — | 1.0% |
| 现金转化率经营现金流/净利润 | — | -0.55× |
| 过去12个月自由现金流最近4个季度 | — | $48.0M |
8季度趋势，按日历期对齐
经营现金流PIIIRVLV
| Q4 25 | $-25.7M | $-10.2M | ||
| Q3 25 | $-15.4M | $11.8M | ||
| Q2 25 | $-16.6M | $12.6M | ||
| Q1 25 | $-33.5M | $45.1M | ||
| Q4 24 | $-57.2M | $3.9M | ||
| Q3 24 | $-22.6M | $9.1M | ||
| Q2 24 | $-10.2M | $-24.7M | ||
| Q1 24 | $-20.0M | $38.4M |
自由现金流PIIIRVLV
| Q4 25 | — | $-13.3M | ||
| Q3 25 | — | $7.5M | ||
| Q2 25 | — | $10.4M | ||
| Q1 25 | — | $43.4M | ||
| Q4 24 | — | $2.1M | ||
| Q3 24 | — | $8.0M | ||
| Q2 24 | — | $-25.7M | ||
| Q1 24 | — | $36.7M |
自由现金流率PIIIRVLV
| Q4 25 | — | -4.1% | ||
| Q3 25 | — | 2.5% | ||
| Q2 25 | — | 3.4% | ||
| Q1 25 | — | 14.6% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 2.8% | ||
| Q2 24 | — | -9.1% | ||
| Q1 24 | — | 13.5% |
资本支出强度PIIIRVLV
| Q4 25 | — | 1.0% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | 0.0% | 0.6% | ||
| Q3 24 | 0.0% | 0.4% | ||
| Q2 24 | 0.0% | 0.4% | ||
| Q1 24 | 0.0% | 0.6% |
现金转化率PIIIRVLV
| Q4 25 | — | -0.55× | ||
| Q3 25 | — | 0.56× | ||
| Q2 25 | — | 1.24× | ||
| Q1 25 | — | 3.82× | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | — | 0.83× | ||
| Q2 24 | — | -1.60× | ||
| Q1 24 | — | 3.53× |
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
PIII
| Capitated Revenue | $366.2M | 95% |
| Health Care Patient Service | $18.6M | 5% |
| Health Care Care Coordination Management Fees | $2.7M | 1% |
RVLV
| Fashion Apparel | $155.1M | 48% |
| Dresses | $76.4M | 24% |
| Handbags Shoes And Accessories | $67.6M | 21% |
| Beauty | $20.3M | 6% |
| Manufactured Product Other | $5.0M | 2% |
| Breakage On Store Credit And Gift Cards | $900.0K | 0% |
