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Arch Capital Group（ACGL）与APA Corporation（APA）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APA Corporation的1.9倍（$4.5B vs $2.3B），Arch Capital Group净利率更高（23.2% vs 19.2%，领先4.0%），Arch Capital Group同比增速更快（-3.3% vs -11.7%），过去两年Arch Capital Group的营收复合增速更高（3.4% vs -9.5%）
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。
APA Corporation是美国能源企业阿帕奇公司的控股主体，主要从事碳氢化合物资源勘探相关业务，在特拉华州注册成立，总部位于得克萨斯州休斯敦，是北美地区拥有丰富项目经验的能源勘探运营企业。
ACGL vs APA — 直观对比
营收规模更大
ACGL
是对方的1.9倍
$2.3B
营收增速更快
ACGL
高出8.5%
-11.7%
净利率更高
ACGL
高出4.0%
19.2%
两年增速更快
ACGL
近两年复合增速
-9.5%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.5B | $2.3B |
| 净利润 | $1.0B | $446.0M |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | 23.2% | 19.2% |
| 营收同比 | -3.3% | -11.7% |
| 净利润同比 | 82.4% | — |
| 每股收益（稀释后） | $2.88 | $1.26 |
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ACGLAPA
| Q1 26 | $4.5B | $2.3B | ||
| Q4 25 | $4.9B | $2.2B | ||
| Q3 25 | $5.1B | $2.3B | ||
| Q2 25 | $5.2B | $2.3B | ||
| Q1 25 | $4.7B | $2.7B | ||
| Q4 24 | $4.5B | $2.9B | ||
| Q3 24 | $4.7B | $2.7B | ||
| Q2 24 | $4.2B | $2.8B |
净利润ACGLAPA
| Q1 26 | $1.0B | $446.0M | ||
| Q4 25 | $1.2B | $331.0M | ||
| Q3 25 | $1.4B | $205.0M | ||
| Q2 25 | $1.2B | $603.0M | ||
| Q1 25 | $574.0M | $418.0M | ||
| Q4 24 | $935.0M | $425.0M | ||
| Q3 24 | $988.0M | $-223.0M | ||
| Q2 24 | $1.3B | $541.0M |
营业利润率ACGLAPA
| Q1 26 | — | — | ||
| Q4 25 | — | 32.5% | ||
| Q3 25 | — | 33.7% | ||
| Q2 25 | — | 31.8% | ||
| Q1 25 | — | 31.9% | ||
| Q4 24 | — | 31.4% | ||
| Q3 24 | — | -5.2% | ||
| Q2 24 | — | 34.4% |
净利率ACGLAPA
| Q1 26 | 23.2% | 19.2% | ||
| Q4 25 | 25.1% | 15.0% | ||
| Q3 25 | 26.4% | 9.0% | ||
| Q2 25 | 23.7% | 26.0% | ||
| Q1 25 | 12.3% | 15.4% | ||
| Q4 24 | 20.6% | 14.6% | ||
| Q3 24 | 20.9% | -8.1% | ||
| Q2 24 | 30.0% | 19.0% |
每股收益（稀释后）ACGLAPA
| Q1 26 | $2.88 | $1.26 | ||
| Q4 25 | $3.33 | $0.79 | ||
| Q3 25 | $3.56 | $0.57 | ||
| Q2 25 | $3.23 | $1.67 | ||
| Q1 25 | $1.48 | $0.96 | ||
| Q4 24 | $2.41 | $0.97 | ||
| Q3 24 | $2.56 | $-0.60 | ||
| Q2 24 | $3.30 | $1.46 |
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 | $24.0M | $293.0K |
| 总债务越低越好 | — | $4.3M |
| 股东权益账面价值 | $24.2B | — |
| 总资产 | $81.4B | $18.1M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ACGLAPA
| Q1 26 | $24.0M | $293.0K | ||
| Q4 25 | $993.0M | $516.0M | ||
| Q3 25 | $1.1B | $475.0M | ||
| Q2 25 | $983.0M | $107.0M | ||
| Q1 25 | $1.2B | $67.0M | ||
| Q4 24 | $979.0M | $625.0M | ||
| Q3 24 | $1.0B | $64.0M | ||
| Q2 24 | $1.0B | $160.0M |
总债务ACGLAPA
| Q1 26 | — | $4.3M | ||
| Q4 25 | — | $4.3B | ||
| Q3 25 | — | $4.3B | ||
| Q2 25 | — | $4.3B | ||
| Q1 25 | — | $5.2B | ||
| Q4 24 | — | $6.0B | ||
| Q3 24 | — | $6.4B | ||
| Q2 24 | — | $6.7B |
股东权益ACGLAPA
| Q1 26 | $24.2B | — | ||
| Q4 25 | $24.2B | $6.1B | ||
| Q3 25 | $23.7B | $6.0B | ||
| Q2 25 | $23.0B | $5.9B | ||
| Q1 25 | $21.5B | $5.4B | ||
| Q4 24 | $20.8B | $5.3B | ||
| Q3 24 | $22.3B | $5.1B | ||
| Q2 24 | $20.7B | $5.4B |
总资产ACGLAPA
| Q1 26 | $81.4B | $18.1M | ||
| Q4 25 | $79.2B | $17.8B | ||
| Q3 25 | $79.2B | $17.7B | ||
| Q2 25 | $78.8B | $18.1B | ||
| Q1 25 | $75.2B | $18.5B | ||
| Q4 24 | $70.9B | $19.4B | ||
| Q3 24 | $73.7B | $19.4B | ||
| Q2 24 | $65.5B | $20.2B |
负债/权益比ACGLAPA
| Q1 26 | — | — | ||
| Q4 25 | — | 0.70× | ||
| Q3 25 | — | 0.72× | ||
| Q2 25 | — | 0.73× | ||
| Q1 25 | — | 0.96× | ||
| Q4 24 | — | 1.13× | ||
| Q3 24 | — | 1.25× | ||
| Q2 24 | — | 1.24× |
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 | $1.2B | $554.0M |
| 自由现金流经营现金流 - 资本支出 | — | $477.0M |
| 自由现金流率自由现金流/营收 | — | 20.5% |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 1.13× | 1.24× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流ACGLAPA
| Q1 26 | $1.2B | $554.0M | ||
| Q4 25 | $1.4B | $808.0M | ||
| Q3 25 | $2.2B | $1.5B | ||
| Q2 25 | $1.1B | $1.2B | ||
| Q1 25 | $1.5B | $1.1B | ||
| Q4 24 | $1.6B | $1.0B | ||
| Q3 24 | $2.0B | $1.3B | ||
| Q2 24 | $1.5B | $877.0M |
自由现金流ACGLAPA
| Q1 26 | — | $477.0M | ||
| 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 | — |
自由现金流率ACGLAPA
| Q1 26 | — | 20.5% | ||
| 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% | — |
资本支出强度ACGLAPA
| Q1 26 | — | — | ||
| 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% | — |
现金转化率ACGLAPA
| Q1 26 | 1.13× | 1.24× | ||
| Q4 25 | 1.13× | 2.44× | ||
| Q3 25 | 1.62× | 7.12× | ||
| Q2 25 | 0.91× | 1.96× | ||
| Q1 25 | 2.54× | 2.62× | ||
| Q4 24 | 1.68× | 2.44× | ||
| Q3 24 | 2.04× | — | ||
| Q2 24 | 1.20× | 1.62× |
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
ACGL
暂无分部数据
APA
| Oil revenues | $1.6B | 71% |
| Purchased oil and gas sales | $385.0M | 17% |
| Natural gas revenues | $157.0M | 7% |
| Natural gas liquids revenues | $141.0M | 6% |
