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American Bitcoin Corp.（ABTC）与怡安集团（AON）财务数据对比。点击上方公司名可切换其他公司
怡安集团的季度营收约是American Bitcoin Corp.的36.4倍（$4.3B vs $118.0M）。American Bitcoin Corp.同比增速更快（151.5% vs 3.7%）。过去两年American Bitcoin Corp.的营收复合增速更高（296.9% vs 2.8%）
美国比特币公司专注于比特币相关业务领域。比特币是首个去中心化加密货币，由化名为中本聪的匿名人士于2008年发布白皮书后诞生，2009年随着开源代码上线正式投入使用，问世以来对全球金融与数字货币领域都产生了极为深远的影响。
怡安集团（Aon plc）是一家英美背景的专业服务企业，下设两大业务板块：风险资本板块提供风险管理、保险及再保险领域的经纪与咨询服务；人力资本板块提供健康保险、退休及养老金计划、人才咨询等相关服务。
ABTC vs AON — 直观对比
营收规模更大
AON
是对方的36.4倍
$118.0M
营收增速更快
ABTC
高出147.8%
3.7%
两年增速更快
ABTC
近两年复合增速
2.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $118.0M | $4.3B |
| 净利润 | — | $1.7B |
| 毛利率 | 49.1% | — |
| 营业利润率 | -192.8% | 28.1% |
| 净利率 | — | 39.4% |
| 营收同比 | 151.5% | 3.7% |
| 净利润同比 | — | 136.5% |
| 每股收益（稀释后） | $-0.07 | $7.82 |
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ABTCAON
| Q4 25 | $118.0M | $4.3B | ||
| Q3 25 | $64.2M | $4.0B | ||
| Q2 25 | $1.4M | $4.2B | ||
| Q1 25 | $1.6M | $4.7B | ||
| Q4 24 | $46.9M | $4.1B | ||
| Q3 24 | $11.6M | $3.7B | ||
| Q2 24 | $5.5M | $3.8B | ||
| Q1 24 | $7.5M | $4.1B |
净利润ABTCAON
| Q4 25 | — | $1.7B | ||
| Q3 25 | $3.5M | $458.0M | ||
| Q2 25 | $3.4M | $579.0M | ||
| Q1 25 | $-100.6M | $965.0M | ||
| Q4 24 | — | $716.0M | ||
| Q3 24 | $-576.0K | $343.0M | ||
| Q2 24 | $-61.1M | $524.0M | ||
| Q1 24 | $230.4M | $1.1B |
毛利率ABTCAON
| Q4 25 | 49.1% | — | ||
| Q3 25 | 56.0% | — | ||
| Q2 25 | -16.8% | — | ||
| Q1 25 | -31.8% | — | ||
| Q4 24 | 57.9% | — | ||
| Q3 24 | 4.2% | — | ||
| Q2 24 | 31.0% | — | ||
| Q1 24 | 35.4% | — |
营业利润率ABTCAON
| Q4 25 | -192.8% | 28.1% | ||
| Q3 25 | 11.2% | 20.4% | ||
| Q2 25 | -162.1% | 20.7% | ||
| Q1 25 | -350.8% | 30.9% | ||
| Q4 24 | — | 26.3% | ||
| Q3 24 | -87.8% | 16.7% | ||
| Q2 24 | -106.4% | 17.4% | ||
| Q1 24 | -20.8% | 36.0% |
净利率ABTCAON
| Q4 25 | — | 39.4% | ||
| Q3 25 | 5.4% | 11.5% | ||
| Q2 25 | 249.2% | 13.9% | ||
| Q1 25 | -6458.5% | 20.4% | ||
| Q4 24 | — | 17.3% | ||
| Q3 24 | -5.0% | 9.2% | ||
| Q2 24 | -1107.2% | 13.9% | ||
| Q1 24 | 3076.2% | 26.3% |
每股收益（稀释后）ABTCAON
| Q4 25 | $-0.07 | $7.82 | ||
| Q3 25 | $0.06 | $2.11 | ||
| Q2 25 | $-0.07 | $2.66 | ||
| Q1 25 | $-0.09 | $4.43 | ||
| Q4 24 | $1.10 | $3.11 | ||
| Q3 24 | $-0.15 | $1.57 | ||
| Q2 24 | $-0.10 | $2.46 | ||
| Q1 24 | $-0.36 | $5.35 |
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 | — | $2.8B |
| 总债务越低越好 | — | $15.2B |
| 股东权益账面价值 | $665.8M | $9.4B |
| 总资产 | $1.2B | $50.8B |
| 负债/权益比越低杠杆越低 | — | 1.63× |
8季度趋势，按日历期对齐
现金及短期投资ABTCAON
| Q4 25 | — | $2.8B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | $750.0K | $1.4B | ||
| Q1 25 | $367.0K | $1.3B | ||
| Q4 24 | $850.0K | $1.3B | ||
| Q3 24 | $478.0K | $1.3B | ||
| Q2 24 | $1.4M | $1.2B | ||
| Q1 24 | $1.9M | $6.4B |
总债务ABTCAON
| Q4 25 | — | $15.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $17.0B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ABTCAON
| Q4 25 | $665.8M | $9.4B | ||
| Q3 25 | $575.5M | $7.9B | ||
| Q2 25 | $339.7M | $7.8B | ||
| Q1 25 | $115.8M | $7.0B | ||
| Q4 24 | $1.0B | $6.1B | ||
| Q3 24 | $697.5M | $6.2B | ||
| Q2 24 | $614.3M | $5.9B | ||
| Q1 24 | $696.8M | $-133.0M |
总资产ABTCAON
| Q4 25 | $1.2B | $50.8B | ||
| Q3 25 | $1.2B | $51.6B | ||
| Q2 25 | $6.2M | $54.0B | ||
| Q1 25 | $9.0M | $50.3B | ||
| Q4 24 | $1.1B | $49.0B | ||
| Q3 24 | $7.5M | $49.9B | ||
| Q2 24 | $11.4M | $51.5B | ||
| Q1 24 | $17.8M | $40.8B |
负债/权益比ABTCAON
| Q4 25 | — | 1.63× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 2.78× | ||
| Q3 24 | — | — | ||
| 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 | $-36.5M | $1.4B |
| 自由现金流经营现金流 - 资本支出 | — | $1.3B |
| 自由现金流率自由现金流/营收 | — | 30.8% |
| 资本支出强度资本支出/营收 | — | 1.7% |
| 现金转化率经营现金流/净利润 | — | 0.83× |
| 过去12个月自由现金流最近4个季度 | — | $3.2B |
8季度趋势，按日历期对齐
经营现金流ABTCAON
| Q4 25 | $-36.5M | $1.4B | ||
| Q3 25 | $-39.0M | $1.1B | ||
| Q2 25 | $-879.0K | $796.0M | ||
| Q1 25 | $-3.2M | $140.0M | ||
| Q4 24 | $23.6M | $1.2B | ||
| Q3 24 | $-76.8M | $1.0B | ||
| Q2 24 | $201.0K | $513.0M | ||
| Q1 24 | $-983.0K | $309.0M |
自由现金流ABTCAON
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $732.0M | ||
| Q1 25 | — | $84.0M | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | $-79.3M | $951.0M | ||
| Q2 24 | — | $460.0M | ||
| Q1 24 | — | $261.0M |
自由现金流率ABTCAON
| Q4 25 | — | 30.8% | ||
| Q3 25 | — | 27.0% | ||
| Q2 25 | — | 17.6% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | 27.6% | ||
| Q3 24 | -683.2% | 25.6% | ||
| Q2 24 | — | 12.2% | ||
| Q1 24 | — | 6.4% |
资本支出强度ABTCAON
| Q4 25 | — | 1.7% | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 1.2% | ||
| Q4 24 | — | 1.3% | ||
| Q3 24 | 21.6% | 1.7% | ||
| Q2 24 | — | 1.4% | ||
| Q1 24 | — | 1.2% |
现金转化率ABTCAON
| Q4 25 | — | 0.83× | ||
| Q3 25 | -11.21× | 2.51× | ||
| Q2 25 | -0.26× | 1.37× | ||
| Q1 25 | — | 0.15× | ||
| Q4 24 | — | 1.68× | ||
| Q3 24 | — | 2.95× | ||
| Q2 24 | — | 0.98× | ||
| Q1 24 | -0.00× | 0.29× |
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
ABTC
暂无分部数据
AON
| Commercial Risk Solutions | $2.3B | 54% |
| Health Solutions | $1.1B | 26% |
| Wealth Solutions | $490.0M | 11% |
| Reinsurance Solutions | $379.0M | 9% |
