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ATLANTIC AMERICAN CORP（AAME）与LINCOLN NATIONAL CORP（LNC）财务数据对比。点击上方公司名可切换其他公司
LINCOLN NATIONAL CORP的季度营收约是ATLANTIC AMERICAN CORP的91.6倍（$4.9B vs $53.8M）。LINCOLN NATIONAL CORP净利率更高（15.3% vs 1.1%，领先14.3%）。ATLANTIC AMERICAN CORP同比增速更快（20.8% vs -2.8%）。过去两年LINCOLN NATIONAL CORP的营收复合增速更高（9.4% 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。
林肯国民公司是美国财富200强控股企业，通过旗下多家子公司开展保险、投资管理等多元金融业务，“林肯金融集团”是该公司及其所有子公司共同使用的市场推广品牌名称。
AAME vs LNC — 直观对比
营收规模更大
LNC
是对方的91.6倍
$53.8M
营收增速更快
AAME
高出23.5%
-2.8%
净利率更高
LNC
高出14.3%
1.1%
两年增速更快
LNC
近两年复合增速
7.2%
损益表 — Q3 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $53.8M | $4.9B |
| 净利润 | $577.0K | $755.0M |
| 毛利率 | — | — |
| 营业利润率 | 1.4% | 18.6% |
| 净利率 | 1.1% | 15.3% |
| 营收同比 | 20.8% | -2.8% |
| 净利润同比 | 128.9% | -55.2% |
| 每股收益（稀释后） | $0.02 | $4.32 |
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AAMELNC
| Q4 25 | — | $4.9B | ||
| Q3 25 | $53.8M | $4.6B | ||
| Q2 25 | $55.3M | $4.0B | ||
| Q1 25 | $50.1M | $4.7B | ||
| Q4 24 | $49.0M | $5.1B | ||
| Q3 24 | $44.5M | $4.1B | ||
| Q2 24 | $47.7M | $5.2B | ||
| Q1 24 | $47.0M | $4.1B |
净利润AAMELNC
| Q4 25 | — | $755.0M | ||
| Q3 25 | $577.0K | $445.0M | ||
| Q2 25 | $3.3M | $699.0M | ||
| Q1 25 | $802.0K | $-722.0M | ||
| Q4 24 | $412.0K | $1.7B | ||
| Q3 24 | $-2.0M | $-528.0M | ||
| Q2 24 | $-684.0K | $895.0M | ||
| Q1 24 | $-2.0M | $1.2B |
营业利润率AAMELNC
| Q4 25 | — | 18.6% | ||
| Q3 25 | 1.4% | 11.5% | ||
| Q2 25 | 7.6% | 21.0% | ||
| Q1 25 | 2.1% | -20.2% | ||
| Q4 24 | 1.1% | 41.5% | ||
| Q3 24 | -5.5% | -17.1% | ||
| Q2 24 | -1.8% | 21.3% | ||
| Q1 24 | -5.3% | 37.1% |
净利率AAMELNC
| Q4 25 | — | 15.3% | ||
| Q3 25 | 1.1% | 9.8% | ||
| Q2 25 | 6.0% | 17.3% | ||
| Q1 25 | 1.6% | -15.4% | ||
| Q4 24 | 0.8% | 33.3% | ||
| Q3 24 | -4.5% | -12.8% | ||
| Q2 24 | -1.4% | 17.4% | ||
| Q1 24 | -4.3% | 29.7% |
每股收益（稀释后）AAMELNC
| Q4 25 | — | $4.32 | ||
| Q3 25 | $0.02 | $2.12 | ||
| Q2 25 | $0.15 | $3.80 | ||
| Q1 25 | $0.03 | $-4.41 | ||
| Q4 24 | $0.01 | $9.66 | ||
| Q3 24 | $-0.10 | $-3.29 | ||
| Q2 24 | $-0.04 | $5.11 | ||
| Q1 24 | $-0.10 | $6.93 |
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 | — | $6.3B |
| 股东权益账面价值 | $109.5M | $10.9B |
| 总资产 | $430.9M | $417.2B |
| 负债/权益比越低杠杆越低 | — | 0.57× |
8季度趋势，按日历期对齐
现金及短期投资AAMELNC
| Q4 25 | — | — | ||
| Q3 25 | $34.4M | — | ||
| Q2 25 | $46.4M | — | ||
| Q1 25 | $35.9M | — | ||
| Q4 24 | $35.6M | — | ||
| Q3 24 | $23.0M | — | ||
| Q2 24 | $21.2M | — | ||
| Q1 24 | $21.2M | — |
总债务AAMELNC
| Q4 25 | — | $6.3B | ||
| Q3 25 | — | $5.8B | ||
| Q2 25 | — | $5.8B | ||
| Q1 25 | — | $5.9B | ||
| Q4 24 | — | $6.1B | ||
| Q3 24 | — | $5.9B | ||
| Q2 24 | — | $5.7B | ||
| Q1 24 | — | $5.7B |
股东权益AAMELNC
| Q4 25 | — | $10.9B | ||
| Q3 25 | $109.5M | $10.5B | ||
| Q2 25 | $106.2M | $9.5B | ||
| Q1 25 | $102.4M | $8.2B | ||
| Q4 24 | $99.6M | $8.3B | ||
| Q3 24 | $105.8M | $9.0B | ||
| Q2 24 | $100.7M | $7.9B | ||
| Q1 24 | $102.8M | $7.5B |
总资产AAMELNC
| Q4 25 | — | $417.2B | ||
| Q3 25 | $430.9M | $415.3B | ||
| Q2 25 | $429.3M | $399.1B | ||
| Q1 25 | $388.4M | $382.9B | ||
| Q4 24 | $393.4M | $390.8B | ||
| Q3 24 | $387.0M | $396.8B | ||
| Q2 24 | $386.0M | $384.5B | ||
| Q1 24 | $365.8M | $383.4B |
负债/权益比AAMELNC
| Q4 25 | — | 0.57× | ||
| Q3 25 | — | 0.55× | ||
| Q2 25 | — | 0.60× | ||
| Q1 25 | — | 0.72× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | — | 0.65× | ||
| Q2 24 | — | 0.72× | ||
| Q1 24 | — | 0.76× |
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 | $233.0M |
| 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× | 0.31× |
| 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AAMELNC
| Q4 25 | — | $233.0M | ||
| Q3 25 | $6.6M | $-1.1B | ||
| Q2 25 | $9.3M | $1.0B | ||
| Q1 25 | $-722.0K | $-272.0M | ||
| Q4 24 | $9.6M | $222.0M | ||
| Q3 24 | $90.0K | $-27.0M | ||
| Q2 24 | $416.0K | $-859.0M | ||
| Q1 24 | $-5.3M | $-1.3B |
自由现金流AAMELNC
| 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AAMELNC
| 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AAMELNC
| 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AAMELNC
| Q4 25 | — | 0.31× | ||
| Q3 25 | 11.51× | -2.56× | ||
| Q2 25 | 2.80× | 1.45× | ||
| Q1 25 | -0.90× | — | ||
| Q4 24 | 23.33× | 0.13× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -0.96× | ||
| Q1 24 | — | -1.10× |
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% |
LNC
| Life Segment | $1.6B | 33% |
| Group Protection Segment | $1.5B | 31% |
| Annuities Segment | $1.3B | 27% |
| Other | $435.0M | 9% |
