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Abacus Global Management, Inc.（ABX）与BLUE OWL CAPITAL INC.（OWL）财务数据对比。点击上方公司名可切换其他公司
BLUE OWL CAPITAL INC.的季度营收约是Abacus Global Management, Inc.的10.5倍（$755.6M vs $71.9M）。Abacus Global Management, Inc.净利率更高（10.1% vs 6.3%，领先3.7%）。Abacus Global Management, Inc.同比增速更快（116.5% vs 19.7%）。BLUE OWL CAPITAL INC.自由现金流更多（$359.1M vs $-7.6M）。过去两年Abacus Global Management, Inc.的营收复合增速更高（82.9% vs 21.3%）
Abacus集团是澳大利亚ASX 200指数成分公众上市公司，专注投资澳大利亚房地产投资信托，投资组合集中在写字楼与自助仓储领域，同时管理房地产开发的legacy投资项目。该公司原名为Abacus地产集团，2023年8月拆分出了自助仓储业务Abacus Storage King。
Blue Owl Capital Inc.是美国另类投资资产管理机构，于纽约证券交易所挂牌上市，股票代码为OWL，总部设在纽约市，在伦敦、迪拜、中国香港等全球多地设有办事处，专注为各类客户提供专业的另类资产管理解决方案。
ABX vs OWL — 直观对比
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $71.9M | $755.6M |
| 净利润 | $7.2M | $47.7M |
| 毛利率 | 88.8% | — |
| 营业利润率 | 31.7% | 22.2% |
| 净利率 | 10.1% | 6.3% |
| 营收同比 | 116.5% | 19.7% |
| 净利润同比 | 139.6% | 129.8% |
| 每股收益（稀释后） | $0.06 | $0.07 |
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 | $71.9M | $755.6M | ||
| Q3 25 | $63.0M | $728.0M | ||
| Q2 25 | $56.2M | $703.1M | ||
| Q1 25 | $44.1M | $683.5M | ||
| Q4 24 | $33.2M | $631.4M | ||
| Q3 24 | $28.1M | $600.9M | ||
| Q2 24 | $29.1M | $549.8M | ||
| Q1 24 | $21.5M | $513.3M |
| Q4 25 | $7.2M | $47.7M | ||
| Q3 25 | $7.1M | $6.3M | ||
| Q2 25 | $17.6M | $17.4M | ||
| Q1 25 | $4.6M | $7.4M | ||
| Q4 24 | $-18.3M | $20.7M | ||
| Q3 24 | $-5.1M | $29.8M | ||
| Q2 24 | $770.0K | $33.9M | ||
| Q1 24 | $-1.3M | $25.1M |
| Q4 25 | 88.8% | — | ||
| Q3 25 | 87.8% | — | ||
| Q2 25 | 89.2% | — | ||
| Q1 25 | 83.9% | — | ||
| Q4 24 | 88.8% | — | ||
| Q3 24 | 92.2% | — | ||
| Q2 24 | 90.6% | — | ||
| Q1 24 | 87.3% | — |
| Q4 25 | 31.7% | 22.2% | ||
| Q3 25 | 35.6% | 7.6% | ||
| Q2 25 | 40.1% | 12.0% | ||
| Q1 25 | 47.6% | 5.9% | ||
| Q4 24 | -50.5% | 11.7% | ||
| Q3 24 | 24.3% | 18.7% | ||
| Q2 24 | 23.3% | 28.4% | ||
| Q1 24 | 10.5% | 24.7% |
| Q4 25 | 10.1% | 6.3% | ||
| Q3 25 | 11.2% | 0.9% | ||
| Q2 25 | 31.3% | 2.5% | ||
| Q1 25 | 10.5% | 1.1% | ||
| Q4 24 | -55.0% | 3.3% | ||
| Q3 24 | -18.2% | 5.0% | ||
| Q2 24 | 2.6% | 6.2% | ||
| Q1 24 | -6.3% | 4.9% |
| Q4 25 | $0.06 | $0.07 | ||
| Q3 25 | $0.07 | $0.01 | ||
| Q2 25 | $0.18 | $0.02 | ||
| Q1 25 | $0.05 | $0.00 | ||
| Q4 24 | $-0.26 | $0.06 | ||
| Q3 24 | $-0.07 | $0.04 | ||
| Q2 24 | $0.01 | $0.06 | ||
| Q1 24 | $-0.02 | $0.04 |
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 | $38.1M | $194.5M |
| 总债务越低越好 | $405.8M | $3.3B |
| 股东权益账面价值 | $418.5M | $2.2B |
| 总资产 | $902.2M | $12.5B |
| 负债/权益比越低杠杆越低 | 0.97× | 1.51× |
8季度趋势，按日历期对齐
| Q4 25 | $38.1M | $194.5M | ||
| Q3 25 | $86.4M | $137.3M | ||
| Q2 25 | $74.8M | $117.6M | ||
| Q1 25 | $43.8M | $97.6M | ||
| Q4 24 | $131.9M | $152.1M | ||
| Q3 24 | $19.4M | $115.9M | ||
| Q2 24 | $91.3M | $436.8M | ||
| Q1 24 | $65.4M | $155.8M |
| Q4 25 | $405.8M | $3.3B | ||
| Q3 25 | $409.3M | $3.2B | ||
| Q2 25 | — | $3.2B | ||
| Q1 25 | — | $3.2B | ||
| Q4 24 | $380.8M | $2.6B | ||
| Q3 24 | — | $2.5B | ||
| Q2 24 | — | $2.5B | ||
| Q1 24 | — | $2.1B |
| Q4 25 | $418.5M | $2.2B | ||
| Q3 25 | $434.6M | $2.3B | ||
| Q2 25 | $416.5M | $2.4B | ||
| Q1 25 | $430.6M | $2.3B | ||
| Q4 24 | $423.3M | $2.1B | ||
| Q3 24 | $257.9M | $2.0B | ||
| Q2 24 | $256.8M | $1.7B | ||
| Q1 24 | $165.3M | $1.6B |
| Q4 25 | $902.2M | $12.5B | ||
| Q3 25 | $918.9M | $12.5B | ||
| Q2 25 | $848.4M | $12.3B | ||
| Q1 25 | $856.5M | $12.3B | ||
| Q4 24 | $874.2M | $11.0B | ||
| Q3 24 | $477.3M | $10.8B | ||
| Q2 24 | $483.9M | $9.7B | ||
| Q1 24 | $376.7M | $9.0B |
| Q4 25 | 0.97× | 1.51× | ||
| Q3 25 | 0.94× | 1.41× | ||
| Q2 25 | — | 1.38× | ||
| Q1 25 | — | 1.37× | ||
| Q4 24 | 0.90× | 1.22× | ||
| Q3 24 | — | 1.27× | ||
| Q2 24 | — | 1.41× | ||
| Q1 24 | — | 1.26× |
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 | $-7.4M | $382.9M |
| 自由现金流经营现金流 - 资本支出 | $-7.6M | $359.1M |
| 自由现金流率自由现金流/营收 | -10.5% | 47.5% |
| 资本支出强度资本支出/营收 | 0.2% | 3.1% |
| 现金转化率经营现金流/净利润 | -1.03× | 8.03× |
| 过去12个月自由现金流最近4个季度 | $-26.6M | $1.2B |
8季度趋势，按日历期对齐
| Q4 25 | $-7.4M | $382.9M | ||
| Q3 25 | $-32.8M | $433.1M | ||
| Q2 25 | $76.1M | $422.5M | ||
| Q1 25 | $-61.6M | $17.6M | ||
| Q4 24 | $-92.0M | $324.0M | ||
| Q3 24 | $-52.3M | $326.0M | ||
| Q2 24 | $-67.1M | $302.3M | ||
| Q1 24 | $2.5M | $47.2M |
| Q4 25 | $-7.6M | $359.1M | ||
| Q3 25 | $-32.9M | $422.5M | ||
| Q2 25 | $75.7M | $412.5M | ||
| Q1 25 | $-61.8M | $4.2M | ||
| Q4 24 | $-92.2M | $310.1M | ||
| Q3 24 | $-52.5M | $314.8M | ||
| Q2 24 | $-67.2M | $269.4M | ||
| Q1 24 | $2.4M | $41.1M |
| Q4 25 | -10.5% | 47.5% | ||
| Q3 25 | -52.3% | 58.0% | ||
| Q2 25 | 134.6% | 58.7% | ||
| Q1 25 | -140.0% | 0.6% | ||
| Q4 24 | -277.5% | 49.1% | ||
| Q3 24 | -186.6% | 52.4% | ||
| Q2 24 | -231.3% | 49.0% | ||
| Q1 24 | 10.9% | 8.0% |
| Q4 25 | 0.2% | 3.1% | ||
| Q3 25 | 0.3% | 1.5% | ||
| Q2 25 | 0.8% | 1.4% | ||
| Q1 25 | 0.5% | 2.0% | ||
| Q4 24 | 0.6% | 2.2% | ||
| Q3 24 | 0.9% | 1.9% | ||
| Q2 24 | 0.7% | 6.0% | ||
| Q1 24 | 0.8% | 1.2% |
| Q4 25 | -1.03× | 8.03× | ||
| Q3 25 | -4.63× | 68.64× | ||
| Q2 25 | 4.33× | 24.25× | ||
| Q1 25 | -13.28× | 2.37× | ||
| Q4 24 | — | 15.62× | ||
| Q3 24 | — | 10.94× | ||
| Q2 24 | -87.09× | 8.91× | ||
| Q1 24 | — | 1.88× |
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
ABX
| Life Solutions Segment | $63.0M | 88% |
| Asset Management Segment | $8.7M | 12% |
OWL
| Credit Platform | $455.0M | 60% |
| GP Strategic Capital Platform | $157.0M | 21% |
| Administrative Service | $87.6M | 12% |
| IPI Partners LLC | $33.8M | 4% |
| Other | $22.2M | 3% |
