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Arch Capital Group（ACGL）与自由港麦克莫兰（FCX）财务数据对比。点击上方公司名可切换其他公司
自由港麦克莫兰的季度营收约是Arch Capital Group的1.2倍（$5.3B vs $4.5B），Arch Capital Group净利率更高（23.2% vs 10.7%，领先12.4%），Arch Capital Group同比增速更快（-3.3% vs -10.4%），过去两年Arch Capital Group的营收复合增速更高（3.4% vs -7.9%）
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。
自由港麦克莫兰是总部位于美国亚利桑那州凤凰城的矿业企业，是全球最大的钼生产商、主要铜生产商之一，运营着坐落于印度尼西亚巴布亚省的世界最大金矿格拉斯伯格矿。
ACGL vs FCX — 直观对比
营收规模更大
FCX
是对方的1.2倍
$4.5B
营收增速更快
ACGL
高出7.2%
-10.4%
净利率更高
ACGL
高出12.4%
10.7%
两年增速更快
ACGL
近两年复合增速
-7.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.5B | $5.3B |
| 净利润 | $1.0B | $565.0M |
| 毛利率 | — | 12.4% |
| 营业利润率 | — | 15.4% |
| 净利率 | 23.2% | 10.7% |
| 营收同比 | -3.3% | -10.4% |
| 净利润同比 | 82.4% | -21.6% |
| 每股收益（稀释后） | $2.88 | — |
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ACGLFCX
| Q1 26 | $4.5B | — | ||
| Q4 25 | $4.9B | $5.3B | ||
| Q3 25 | $5.1B | $6.8B | ||
| Q2 25 | $5.2B | $7.5B | ||
| Q1 25 | $4.7B | $5.6B | ||
| Q4 24 | $4.5B | $5.9B | ||
| Q3 24 | $4.7B | $6.7B | ||
| Q2 24 | $4.2B | $6.4B |
净利润ACGLFCX
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.2B | $565.0M | ||
| Q3 25 | $1.4B | $1.2B | ||
| Q2 25 | $1.2B | $1.5B | ||
| Q1 25 | $574.0M | $793.0M | ||
| Q4 24 | $935.0M | $721.0M | ||
| Q3 24 | $988.0M | $1.2B | ||
| Q2 24 | $1.3B | $1.3B |
毛利率ACGLFCX
| Q1 26 | — | — | ||
| Q4 25 | — | 12.4% | ||
| Q3 25 | — | 29.2% | ||
| Q2 25 | — | 34.2% | ||
| Q1 25 | — | 24.3% | ||
| Q4 24 | — | 27.0% | ||
| Q3 24 | — | 30.0% | ||
| Q2 24 | — | 31.5% |
营业利润率ACGLFCX
| Q1 26 | — | — | ||
| Q4 25 | — | 15.4% | ||
| Q3 25 | — | 28.9% | ||
| Q2 25 | — | 32.3% | ||
| Q1 25 | — | 23.4% | ||
| Q4 24 | — | 21.1% | ||
| Q3 24 | — | 29.0% | ||
| Q2 24 | — | 32.0% |
净利率ACGLFCX
| Q1 26 | 23.2% | — | ||
| Q4 25 | 25.1% | 10.7% | ||
| Q3 25 | 26.4% | 18.3% | ||
| Q2 25 | 23.7% | 20.6% | ||
| Q1 25 | 12.3% | 14.2% | ||
| Q4 24 | 20.6% | 12.3% | ||
| Q3 24 | 20.9% | 18.5% | ||
| Q2 24 | 30.0% | 20.0% |
每股收益（稀释后）ACGLFCX
| Q1 26 | $2.88 | — | ||
| Q4 25 | $3.33 | — | ||
| Q3 25 | $3.56 | $0.46 | ||
| Q2 25 | $3.23 | $0.53 | ||
| Q1 25 | $1.48 | $0.24 | ||
| Q4 24 | $2.41 | — | ||
| Q3 24 | $2.56 | $0.36 | ||
| Q2 24 | $3.30 | $0.42 |
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 | $3.8B |
| 总债务越低越好 | — | $9.4B |
| 股东权益账面价值 | $24.2B | $18.9B |
| 总资产 | $81.4B | $58.2B |
| 负债/权益比越低杠杆越低 | — | 0.50× |
8季度趋势，按日历期对齐
现金及短期投资ACGLFCX
| Q1 26 | $24.0M | — | ||
| Q4 25 | $993.0M | $3.8B | ||
| Q3 25 | $1.1B | $4.3B | ||
| Q2 25 | $983.0M | $4.5B | ||
| Q1 25 | $1.2B | $4.4B | ||
| Q4 24 | $979.0M | $3.9B | ||
| Q3 24 | $1.0B | $5.0B | ||
| Q2 24 | $1.0B | $5.3B |
总债务ACGLFCX
| Q1 26 | — | — | ||
| Q4 25 | — | $9.4B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $9.4B | ||
| Q4 24 | — | $8.9B | ||
| Q3 24 | — | $9.7B | ||
| Q2 24 | — | $9.4B |
股东权益ACGLFCX
| Q1 26 | $24.2B | — | ||
| Q4 25 | $24.2B | $18.9B | ||
| Q3 25 | $23.7B | $18.7B | ||
| Q2 25 | $23.0B | $18.2B | ||
| Q1 25 | $21.5B | $17.7B | ||
| Q4 24 | $20.8B | $17.6B | ||
| Q3 24 | $22.3B | $17.5B | ||
| Q2 24 | $20.7B | $17.4B |
总资产ACGLFCX
| Q1 26 | $81.4B | — | ||
| Q4 25 | $79.2B | $58.2B | ||
| Q3 25 | $79.2B | $56.8B | ||
| Q2 25 | $78.8B | $56.5B | ||
| Q1 25 | $75.2B | $56.0B | ||
| Q4 24 | $70.9B | $54.8B | ||
| Q3 24 | $73.7B | $55.4B | ||
| Q2 24 | $65.5B | $54.6B |
负债/权益比ACGLFCX
| Q1 26 | — | — | ||
| Q4 25 | — | 0.50× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | — | 0.51× | ||
| Q3 24 | — | 0.55× | ||
| Q2 24 | — | 0.54× |
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 | $693.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-312.0M |
| 自由现金流率自由现金流/营收 | — | -5.9% |
| 资本支出强度资本支出/营收 | — | 19.1% |
| 现金转化率经营现金流/净利润 | 1.13× | 1.23× |
| 过去12个月自由现金流最近4个季度 | — | $1.1B |
8季度趋势，按日历期对齐
经营现金流ACGLFCX
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.4B | $693.0M | ||
| Q3 25 | $2.2B | $1.7B | ||
| Q2 25 | $1.1B | $2.2B | ||
| Q1 25 | $1.5B | $1.1B | ||
| Q4 24 | $1.6B | $1.4B | ||
| Q3 24 | $2.0B | $1.9B | ||
| Q2 24 | $1.5B | $2.0B |
自由现金流ACGLFCX
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | $-312.0M | ||
| Q3 25 | $2.2B | $608.0M | ||
| Q2 25 | $1.1B | $934.0M | ||
| Q1 25 | $1.4B | $-114.0M | ||
| Q4 24 | $1.6B | $197.0M | ||
| Q3 24 | $2.0B | $673.0M | ||
| Q2 24 | $1.5B | $840.0M |
自由现金流率ACGLFCX
| Q1 26 | — | — | ||
| Q4 25 | 28.2% | -5.9% | ||
| Q3 25 | 42.6% | 8.9% | ||
| Q2 25 | 21.3% | 12.4% | ||
| Q1 25 | 31.0% | -2.0% | ||
| Q4 24 | 34.3% | 3.4% | ||
| Q3 24 | 42.5% | 10.1% | ||
| Q2 24 | 35.6% | 13.1% |
资本支出强度ACGLFCX
| Q1 26 | — | — | ||
| Q4 25 | 0.2% | 19.1% | ||
| Q3 25 | 0.2% | 15.5% | ||
| Q2 25 | 0.2% | 16.8% | ||
| Q1 25 | 0.2% | 21.0% | ||
| Q4 24 | 0.3% | 21.1% | ||
| Q3 24 | 0.3% | 17.9% | ||
| Q2 24 | 0.3% | 17.4% |
现金转化率ACGLFCX
| Q1 26 | 1.13× | — | ||
| Q4 25 | 1.13× | 1.23× | ||
| Q3 25 | 1.62× | 1.33× | ||
| Q2 25 | 0.91× | 1.42× | ||
| Q1 25 | 2.54× | 1.33× | ||
| Q4 24 | 1.68× | 1.99× | ||
| Q3 24 | 2.04× | 1.51× | ||
| Q2 24 | 1.20× | 1.53× |
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
FCX
| Morenci | $2.5B | 47% |
| Grasberg Segment | $964.0M | 18% |
| Copper In Concentrates | $934.0M | 18% |
| Molybdenum | $541.0M | 10% |
| Gold | $388.0M | 7% |
