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ATLANTIC AMERICAN CORP（AAME）与Brighthouse Financial, Inc.（BHF）财务数据对比。点击上方公司名可切换其他公司
Brighthouse Financial, Inc.的季度营收约是ATLANTIC AMERICAN CORP的31.4倍（$1.7B vs $53.8M）。Brighthouse Financial, Inc.净利率更高（8.1% vs 1.1%，领先7.0%）。Brighthouse Financial, Inc.同比增速更快（40.2% vs 20.8%）。过去两年Brighthouse Financial, Inc.的营收复合增速更高（377.7% vs 7.2%）
大西洋电报公司成立于1856年11月6日，主要业务是铺设并运营跨大西洋商业电报电缆，这也是人类历史上第一条跨大西洋的电信通信链路。
Brighthouse Financial是总部位于美国北卡罗来纳州夏洛特的保险公司，核心业务为销售年金和人寿保险产品。截至2018年3月，该公司是美国规模领先的年金和人寿保险提供商之一，总资产达2190亿美元，有效保单及年金合约数量约260万份。
AAME vs BHF — 直观对比
营收规模更大
BHF
是对方的31.4倍
$53.8M
营收增速更快
BHF
高出19.4%
20.8%
净利率更高
BHF
高出7.0%
1.1%
两年增速更快
BHF
近两年复合增速
7.2%
损益表 — Q3 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $53.8M | $1.7B |
| 净利润 | $577.0K | $137.0M |
| 毛利率 | — | — |
| 营业利润率 | 1.4% | 8.9% |
| 净利率 | 1.1% | 8.1% |
| 营收同比 | 20.8% | 40.2% |
| 净利润同比 | 128.9% | -79.6% |
| 每股收益（稀释后） | $0.02 | $1.84 |
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AAMEBHF
| Q4 25 | — | $1.7B | ||
| Q3 25 | $53.8M | $1.8B | ||
| Q2 25 | $55.3M | $871.0M | ||
| Q1 25 | $50.1M | $2.4B | ||
| Q4 24 | $49.0M | $1.2B | ||
| Q3 24 | $44.5M | $2.0B | ||
| Q2 24 | $47.7M | $1.4B | ||
| Q1 24 | $47.0M | $74.0M |
净利润AAMEBHF
| Q4 25 | — | $137.0M | ||
| Q3 25 | $577.0K | $479.0M | ||
| Q2 25 | $3.3M | $85.0M | ||
| Q1 25 | $802.0K | $-268.0M | ||
| Q4 24 | $412.0K | $671.0M | ||
| Q3 24 | $-2.0M | $176.0M | ||
| Q2 24 | $-684.0K | $34.0M | ||
| Q1 24 | $-2.0M | $-493.0M |
营业利润率AAMEBHF
| Q4 25 | — | 8.9% | ||
| Q3 25 | 1.4% | 32.2% | ||
| Q2 25 | 7.6% | 10.7% | ||
| Q1 25 | 2.1% | -14.8% | ||
| Q4 24 | 1.1% | 69.2% | ||
| Q3 24 | -5.5% | 9.3% | ||
| Q2 24 | -1.8% | 1.0% | ||
| Q1 24 | -5.3% | -829.7% |
净利率AAMEBHF
| Q4 25 | — | 8.1% | ||
| Q3 25 | 1.1% | 26.4% | ||
| Q2 25 | 6.0% | 9.8% | ||
| Q1 25 | 1.6% | -11.2% | ||
| Q4 24 | 0.8% | 55.7% | ||
| Q3 24 | -4.5% | 8.7% | ||
| Q2 24 | -1.4% | 2.4% | ||
| Q1 24 | -4.3% | -666.2% |
每股收益（稀释后）AAMEBHF
| Q4 25 | — | $1.84 | ||
| Q3 25 | $0.02 | $7.89 | ||
| Q2 25 | $0.15 | $1.02 | ||
| Q1 25 | $0.03 | $-5.04 | ||
| Q4 24 | $0.01 | $10.27 | ||
| Q3 24 | $-0.10 | $2.47 | ||
| Q2 24 | $-0.04 | $0.12 | ||
| Q1 24 | $-0.10 | $-8.22 |
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 | $34.4M | — |
| 总债务越低越好 | — | $3.2B |
| 股东权益账面价值 | $109.5M | $6.8B |
| 总资产 | $430.9M | $241.8B |
| 负债/权益比越低杠杆越低 | — | 0.47× |
8季度趋势，按日历期对齐
现金及短期投资AAMEBHF
| Q4 25 | — | — | ||
| Q3 25 | $34.4M | — | ||
| Q2 25 | $46.4M | — | ||
| Q1 25 | $35.9M | — | ||
| Q4 24 | $35.6M | $1.9B | ||
| Q3 24 | $23.0M | $1.8B | ||
| Q2 24 | $21.2M | $1.4B | ||
| Q1 24 | $21.2M | $1.3B |
总债务AAMEBHF
| Q4 25 | — | $3.2B | ||
| Q3 25 | — | $3.2B | ||
| Q2 25 | — | $3.2B | ||
| Q1 25 | — | $3.2B | ||
| Q4 24 | — | $3.2B | ||
| Q3 24 | — | $3.2B | ||
| Q2 24 | — | $3.2B | ||
| Q1 24 | — | $3.2B |
股东权益AAMEBHF
| Q4 25 | — | $6.8B | ||
| Q3 25 | $109.5M | $6.4B | ||
| Q2 25 | $106.2M | $5.7B | ||
| Q1 25 | $102.4M | $5.2B | ||
| Q4 24 | $99.6M | $5.0B | ||
| Q3 24 | $105.8M | $5.5B | ||
| Q2 24 | $100.7M | $4.1B | ||
| Q1 24 | $102.8M | $4.2B |
总资产AAMEBHF
| Q4 25 | — | $241.8B | ||
| Q3 25 | $430.9M | $244.7B | ||
| Q2 25 | $429.3M | $242.6B | ||
| Q1 25 | $388.4M | $234.7B | ||
| Q4 24 | $393.4M | $238.5B | ||
| Q3 24 | $387.0M | $245.2B | ||
| Q2 24 | $386.0M | $237.4B | ||
| Q1 24 | $365.8M | $239.7B |
负债/权益比AAMEBHF
| Q4 25 | — | 0.47× | ||
| Q3 25 | — | 0.50× | ||
| Q2 25 | — | 0.56× | ||
| Q1 25 | — | 0.60× | ||
| Q4 24 | — | 0.64× | ||
| Q3 24 | — | 0.57× | ||
| Q2 24 | — | 0.76× | ||
| Q1 24 | — | 0.75× |
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 | $6.6M | $-3.0M |
| 自由现金流经营现金流 - 资本支出 | $6.6M | — |
| 自由现金流率自由现金流/营收 | 12.3% | — |
| 资本支出强度资本支出/营收 | 0.1% | — |
| 现金转化率经营现金流/净利润 | 11.51× | -0.02× |
| 过去12个月自由现金流最近4个季度 | $24.2M | — |
8季度趋势，按日历期对齐
经营现金流AAMEBHF
| Q4 25 | — | $-3.0M | ||
| Q3 25 | $6.6M | $117.0M | ||
| Q2 25 | $9.3M | $-1.0M | ||
| Q1 25 | $-722.0K | $146.0M | ||
| Q4 24 | $9.6M | $-118.0M | ||
| Q3 24 | $90.0K | $24.0M | ||
| Q2 24 | $416.0K | $334.0M | ||
| Q1 24 | $-5.3M | $-530.0M |
自由现金流AAMEBHF
| Q4 25 | — | — | ||
| Q3 25 | $6.6M | — | ||
| Q2 25 | $9.1M | — | ||
| Q1 25 | $-986.0K | — | ||
| Q4 24 | $9.5M | — | ||
| Q3 24 | $58.0K | — | ||
| Q2 24 | $361.0K | — | ||
| Q1 24 | $-5.4M | — |
自由现金流率AAMEBHF
| Q4 25 | — | — | ||
| Q3 25 | 12.3% | — | ||
| Q2 25 | 16.5% | — | ||
| Q1 25 | -2.0% | — | ||
| Q4 24 | 19.4% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 0.8% | — | ||
| Q1 24 | -11.4% | — |
资本支出强度AAMEBHF
| Q4 25 | — | — | ||
| Q3 25 | 0.1% | — | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.5% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 0.1% | — | ||
| Q1 24 | 0.1% | — |
现金转化率AAMEBHF
| Q4 25 | — | -0.02× | ||
| Q3 25 | 11.51× | 0.24× | ||
| Q2 25 | 2.80× | -0.01× | ||
| Q1 25 | -0.90× | — | ||
| Q4 24 | 23.33× | -0.18× | ||
| Q3 24 | — | 0.14× | ||
| Q2 24 | — | 9.82× | ||
| Q1 24 | — | — |
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
AAME
| Bankers Fidelity | $30.0M | 56% |
| American Southern | $23.7M | 44% |
BHF
| Annuities | $926.0M | 55% |
| Runoff | $319.0M | 19% |
| Life | $298.0M | 18% |
| Other | $78.0M | 5% |
| Distribution Service | $66.0M | 4% |
| Accident And Health Insurance Segment | $2.0M | 0% |
