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Arch Capital Group（ACGL）与西联汇款（AFG）财务数据对比。点击上方公司名可切换其他公司
Arch Capital Group的季度营收约是西联汇款的2.4倍（$4.9B vs $2.1B）。Arch Capital Group净利率更高（25.1% vs 14.5%，领先10.6%）。Arch Capital Group同比增速更快（8.5% vs -4.0%）。过去两年Arch Capital Group的营收复合增速更高（11.9% vs 4.0%）
百慕大注册上市企业Arch Capital Group面向全球提供保险、再保险及按揭保险服务，专注于特种类保险业务，承保保险业内难度较高的特殊风险。公司总部位于百慕大，在北美、欧洲、亚洲及澳洲共设有60个办事处，实现全球布局运营。
西联汇款是总部位于美国科罗拉多州丹佛市的跨国金融服务企业，为全球个人及商业客户提供跨境汇款、支付等多元金融解决方案，在全球绝大多数国家和地区拥有覆盖广泛的服务网络。
ACGL vs AFG — 直观对比
营收规模更大
ACGL
是对方的2.4倍
$2.1B
营收增速更快
ACGL
高出12.5%
-4.0%
净利率更高
ACGL
高出10.6%
14.5%
两年增速更快
ACGL
近两年复合增速
4.0%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $4.9B | $2.1B |
| 净利润 | $1.2B | $299.0M |
| 毛利率 | — | — |
| 营业利润率 | — | 18.4% |
| 净利率 | 25.1% | 14.5% |
| 营收同比 | 8.5% | -4.0% |
| 净利润同比 | 32.4% | 17.3% |
| 每股收益（稀释后） | $3.33 | $3.59 |
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ACGLAFG
| Q4 25 | $4.9B | $2.1B | ||
| Q3 25 | $5.1B | $2.3B | ||
| Q2 25 | $5.2B | $1.9B | ||
| Q1 25 | $4.7B | $1.9B | ||
| Q4 24 | $4.5B | $2.1B | ||
| Q3 24 | $4.7B | $2.4B | ||
| Q2 24 | $4.2B | $1.9B | ||
| Q1 24 | $3.9B | $1.9B |
净利润ACGLAFG
| Q4 25 | $1.2B | $299.0M | ||
| Q3 25 | $1.4B | $215.0M | ||
| Q2 25 | $1.2B | $174.0M | ||
| Q1 25 | $574.0M | $154.0M | ||
| Q4 24 | $935.0M | $255.0M | ||
| Q3 24 | $988.0M | $181.0M | ||
| Q2 24 | $1.3B | $209.0M | ||
| Q1 24 | $1.1B | $242.0M |
营业利润率ACGLAFG
| Q4 25 | — | 18.4% | ||
| Q3 25 | — | 11.5% | ||
| Q2 25 | — | 11.9% | ||
| Q1 25 | — | 10.6% | ||
| Q4 24 | — | 14.9% | ||
| Q3 24 | — | 9.7% | ||
| Q2 24 | — | 14.3% | ||
| Q1 24 | — | 15.9% |
净利率ACGLAFG
| Q4 25 | 25.1% | 14.5% | ||
| Q3 25 | 26.4% | 9.2% | ||
| Q2 25 | 23.7% | 9.0% | ||
| Q1 25 | 12.3% | 8.3% | ||
| Q4 24 | 20.6% | 11.9% | ||
| Q3 24 | 20.9% | 7.6% | ||
| Q2 24 | 30.0% | 11.0% | ||
| Q1 24 | 28.4% | 12.7% |
每股收益（稀释后）ACGLAFG
| Q4 25 | $3.33 | $3.59 | ||
| Q3 25 | $3.56 | $2.58 | ||
| Q2 25 | $3.23 | $2.07 | ||
| Q1 25 | $1.48 | $1.84 | ||
| Q4 24 | $2.41 | $3.03 | ||
| Q3 24 | $2.56 | $2.16 | ||
| Q2 24 | $3.30 | $2.49 | ||
| Q1 24 | $2.92 | $2.89 |
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 | $993.0M | $1.7B |
| 总债务越低越好 | — | $1.8B |
| 股东权益账面价值 | $24.2B | $4.8B |
| 总资产 | $79.2B | $32.6B |
| 负债/权益比越低杠杆越低 | — | 0.38× |
8季度趋势，按日历期对齐
现金及短期投资ACGLAFG
| Q4 25 | $993.0M | $1.7B | ||
| Q3 25 | $1.1B | $1.8B | ||
| Q2 25 | $983.0M | $1.3B | ||
| Q1 25 | $1.2B | $1.3B | ||
| Q4 24 | $979.0M | $1.4B | ||
| Q3 24 | $1.0B | $1.3B | ||
| Q2 24 | $1.0B | $1.1B | ||
| Q1 24 | $993.0M | $1.1B |
总债务ACGLAFG
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.8B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | — | $1.5B |
股东权益ACGLAFG
| Q4 25 | $24.2B | $4.8B | ||
| Q3 25 | $23.7B | $4.7B | ||
| Q2 25 | $23.0B | $4.5B | ||
| Q1 25 | $21.5B | $4.4B | ||
| Q4 24 | $20.8B | $4.5B | ||
| Q3 24 | $22.3B | $4.7B | ||
| Q2 24 | $20.7B | $4.4B | ||
| Q1 24 | $19.4B | $4.2B |
总资产ACGLAFG
| Q4 25 | $79.2B | $32.6B | ||
| Q3 25 | $79.2B | $33.8B | ||
| Q2 25 | $78.8B | $30.7B | ||
| Q1 25 | $75.2B | $30.3B | ||
| Q4 24 | $70.9B | $30.8B | ||
| Q3 24 | $73.7B | $32.6B | ||
| Q2 24 | $65.5B | $29.9B | ||
| Q1 24 | $62.8B | $30.0B |
负债/权益比ACGLAFG
| Q4 25 | — | 0.38× | ||
| Q3 25 | — | 0.38× | ||
| Q2 25 | — | 0.33× | ||
| Q1 25 | — | 0.34× | ||
| Q4 24 | — | 0.33× | ||
| Q3 24 | — | 0.31× | ||
| Q2 24 | — | 0.34× | ||
| Q1 24 | — | 0.35× |
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 | $1.4B | $784.0M |
| 自由现金流经营现金流 - 资本支出 | $1.4B | — |
| 自由现金流率自由现金流/营收 | 28.2% | — |
| 资本支出强度资本支出/营收 | 0.2% | — |
| 现金转化率经营现金流/净利润 | 1.13× | 2.62× |
| 过去12个月自由现金流最近4个季度 | $6.1B | — |
8季度趋势，按日历期对齐
经营现金流ACGLAFG
| Q4 25 | $1.4B | $784.0M | ||
| Q3 25 | $2.2B | $216.0M | ||
| Q2 25 | $1.1B | $191.0M | ||
| Q1 25 | $1.5B | $342.0M | ||
| Q4 24 | $1.6B | $674.0M | ||
| Q3 24 | $2.0B | $459.0M | ||
| Q2 24 | $1.5B | $-88.0M | ||
| Q1 24 | $1.6B | $107.0M |
自由现金流ACGLAFG
| Q4 25 | $1.4B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.5B | — |
自由现金流率ACGLAFG
| Q4 25 | 28.2% | — | ||
| Q3 25 | 42.6% | — | ||
| Q2 25 | 21.3% | — | ||
| Q1 25 | 31.0% | — | ||
| Q4 24 | 34.3% | — | ||
| Q3 24 | 42.5% | — | ||
| Q2 24 | 35.6% | — | ||
| Q1 24 | 39.3% | — |
资本支出强度ACGLAFG
| Q4 25 | 0.2% | — | ||
| Q3 25 | 0.2% | — | ||
| Q2 25 | 0.2% | — | ||
| Q1 25 | 0.2% | — | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 0.3% | — | ||
| Q2 24 | 0.3% | — | ||
| Q1 24 | 0.4% | — |
现金转化率ACGLAFG
| Q4 25 | 1.13× | 2.62× | ||
| Q3 25 | 1.62× | 1.00× | ||
| Q2 25 | 0.91× | 1.10× | ||
| Q1 25 | 2.54× | 2.22× | ||
| Q4 24 | 1.68× | 2.64× | ||
| Q3 24 | 2.04× | 2.54× | ||
| Q2 24 | 1.20× | -0.42× | ||
| Q1 24 | 1.40× | 0.44× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
