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Arch Capital Group（ACGL）与Ferguson Enterprises Inc.（FERG）财务数据对比。点击上方公司名可切换其他公司
Ferguson Enterprises Inc.的季度营收约是Arch Capital Group的1.8倍（$8.2B vs $4.5B），Arch Capital Group净利率更高（23.2% vs 7.0%，领先16.2%），Ferguson Enterprises Inc.同比增速更快（5.1% vs -3.3%），过去两年Ferguson Enterprises Inc.的营收复合增速更高（10.6% vs 3.4%）
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。
Ferguson Enterprises Inc.总部位于美国弗吉尼亚州纽波特纽斯，注册地为特拉华州，是美国规模最大的水暖、暖通空调、家电、照明、管材管件、给排水产品分销商。公司95%营收来自美国本土，5%来自加拿大，拥有3.6万家供应商，运营11个区域配送中心、4个主配送中心及近5900个营业网点。
ACGL vs FERG — 直观对比
营收规模更大
FERG
是对方的1.8倍
$4.5B
营收增速更快
FERG
高出8.4%
-3.3%
净利率更高
ACGL
高出16.2%
7.0%
两年增速更快
FERG
近两年复合增速
3.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.5B | $8.2B |
| 净利润 | $1.0B | $570.0M |
| 毛利率 | — | 30.7% |
| 营业利润率 | — | 9.4% |
| 净利率 | 23.2% | 7.0% |
| 营收同比 | -3.3% | 5.1% |
| 净利润同比 | 82.4% | 21.3% |
| 每股收益（稀释后） | $2.88 | $2.90 |
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ACGLFERG
| Q1 26 | $4.5B | — | ||
| Q4 25 | $4.9B | $8.2B | ||
| Q3 25 | $5.1B | $8.5B | ||
| Q2 25 | $5.2B | $7.6B | ||
| Q1 25 | $4.7B | $6.9B | ||
| Q4 24 | $4.5B | $7.8B | ||
| Q3 24 | $4.7B | $7.9B | ||
| Q2 24 | $4.2B | $7.3B |
净利润ACGLFERG
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.2B | $570.0M | ||
| Q3 25 | $1.4B | $700.0M | ||
| Q2 25 | $1.2B | $410.0M | ||
| Q1 25 | $574.0M | $276.0M | ||
| Q4 24 | $935.0M | $470.0M | ||
| Q3 24 | $988.0M | $451.0M | ||
| Q2 24 | $1.3B | $443.0M |
毛利率ACGLFERG
| Q1 26 | — | — | ||
| Q4 25 | — | 30.7% | ||
| Q3 25 | — | 31.7% | ||
| Q2 25 | — | 31.0% | ||
| Q1 25 | — | 29.7% | ||
| Q4 24 | — | 30.1% | ||
| Q3 24 | — | 31.0% | ||
| Q2 24 | — | 30.5% |
营业利润率ACGLFERG
| Q1 26 | — | — | ||
| Q4 25 | — | 9.4% | ||
| Q3 25 | — | 10.9% | ||
| Q2 25 | — | 8.0% | ||
| Q1 25 | — | 6.0% | ||
| Q4 24 | — | 8.6% | ||
| Q3 24 | — | 10.2% | ||
| Q2 24 | — | 8.6% |
净利率ACGLFERG
| Q1 26 | 23.2% | — | ||
| Q4 25 | 25.1% | 7.0% | ||
| Q3 25 | 26.4% | 8.2% | ||
| Q2 25 | 23.7% | 5.4% | ||
| Q1 25 | 12.3% | 4.0% | ||
| Q4 24 | 20.6% | 6.0% | ||
| Q3 24 | 20.9% | 5.7% | ||
| Q2 24 | 30.0% | 6.1% |
每股收益（稀释后）ACGLFERG
| Q1 26 | $2.88 | — | ||
| Q4 25 | $3.33 | $2.90 | ||
| Q3 25 | $3.56 | $3.53 | ||
| Q2 25 | $3.23 | $2.07 | ||
| Q1 25 | $1.48 | $1.38 | ||
| Q4 24 | $2.41 | $2.34 | ||
| Q3 24 | $2.56 | $2.23 | ||
| Q2 24 | $3.30 | $2.18 |
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 | $526.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $24.2B | $6.1B |
| 总资产 | $81.4B | $17.7B |
| 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ACGLFERG
| Q1 26 | $24.0M | — | ||
| Q4 25 | $993.0M | $526.0M | ||
| Q3 25 | $1.1B | $674.0M | ||
| Q2 25 | $983.0M | $519.0M | ||
| Q1 25 | $1.2B | $764.0M | ||
| Q4 24 | $979.0M | $601.0M | ||
| Q3 24 | $1.0B | $571.0M | ||
| Q2 24 | $1.0B | — |
总债务ACGLFERG
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $4.2B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | — | — |
股东权益ACGLFERG
| Q1 26 | $24.2B | — | ||
| Q4 25 | $24.2B | $6.1B | ||
| Q3 25 | $23.7B | $5.8B | ||
| Q2 25 | $23.0B | $5.5B | ||
| Q1 25 | $21.5B | $5.5B | ||
| Q4 24 | $20.8B | $5.7B | ||
| Q3 24 | $22.3B | $5.6B | ||
| Q2 24 | $20.7B | $5.5B |
总资产ACGLFERG
| Q1 26 | $81.4B | — | ||
| Q4 25 | $79.2B | $17.7B | ||
| Q3 25 | $79.2B | $17.7B | ||
| Q2 25 | $78.8B | $17.3B | ||
| Q1 25 | $75.2B | $16.5B | ||
| Q4 24 | $70.9B | $16.9B | ||
| Q3 24 | $73.7B | $16.6B | ||
| Q2 24 | $65.5B | — |
负债/权益比ACGLFERG
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.72× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.70× | ||
| Q2 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 | $430.0M |
| 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 | — | 3.8% |
| 资本支出强度资本支出/营收 | — | 1.4% |
| 现金转化率经营现金流/净利润 | 1.13× | 0.75× |
| 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ACGLFERG
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.4B | $430.0M | ||
| Q3 25 | $2.2B | $541.0M | ||
| Q2 25 | $1.1B | $682.0M | ||
| Q1 25 | $1.5B | $340.0M | ||
| Q4 24 | $1.6B | $345.0M | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $1.5B | — |
自由现金流ACGLFERG
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | $312.0M | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $1.1B | $605.0M | ||
| Q1 25 | $1.4B | $259.0M | ||
| Q4 24 | $1.6B | $268.0M | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $1.5B | — |
自由现金流率ACGLFERG
| Q1 26 | — | — | ||
| Q4 25 | 28.2% | 3.8% | ||
| Q3 25 | 42.6% | — | ||
| Q2 25 | 21.3% | 7.9% | ||
| Q1 25 | 31.0% | 3.8% | ||
| Q4 24 | 34.3% | 3.4% | ||
| Q3 24 | 42.5% | — | ||
| Q2 24 | 35.6% | — |
资本支出强度ACGLFERG
| Q1 26 | — | — | ||
| Q4 25 | 0.2% | 1.4% | ||
| Q3 25 | 0.2% | — | ||
| Q2 25 | 0.2% | 1.0% | ||
| Q1 25 | 0.2% | 1.2% | ||
| Q4 24 | 0.3% | 1.0% | ||
| Q3 24 | 0.3% | — | ||
| Q2 24 | 0.3% | — |
现金转化率ACGLFERG
| Q1 26 | 1.13× | — | ||
| Q4 25 | 1.13× | 0.75× | ||
| Q3 25 | 1.62× | 0.77× | ||
| Q2 25 | 0.91× | 1.66× | ||
| Q1 25 | 2.54× | 1.23× | ||
| Q4 24 | 1.68× | 0.73× | ||
| Q3 24 | 2.04× | — | ||
| Q2 24 | 1.20× | — |
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
FERG
| United States Segment | $7.8B | 95% |
| Other | $412.0M | 5% |
