vs
Arch Capital Group（ACGL）与Investcorp Credit Management BDC, Inc.（ICMB）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Investcorp Credit Management BDC, Inc.的1429.0倍（$4.9B vs $3.5M）。Arch Capital Group净利率更高（25.1% vs -271.1%，领先296.2%）。过去两年Arch Capital Group的营收复合增速更高（11.9% vs -18.2%）
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。
Investcorp Credit Management BDC是一家上市商业开发公司，主要为美国中型企业提供优先担保贷款、定制债务融资等信贷解决方案，聚焦私人信贷市场中服务不足的细分领域，为投资者创造稳定的经风险调整的回报。
ACGL vs ICMB — 直观对比
营收规模更大
ACGL
是对方的1429.0倍
$3.5M
净利率更高
ACGL
高出296.2%
-271.1%
两年增速更快
ACGL
近两年复合增速
-18.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $4.9B | $3.5M |
| 净利润 | $1.2B | $-9.4M |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | 25.1% | -271.1% |
| 营收同比 | 8.5% | — |
| 净利润同比 | 32.4% | — |
| 每股收益（稀释后） | $3.33 | $-0.64 |
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ACGLICMB
| Q4 25 | $4.9B | $3.5M | ||
| Q3 25 | $5.1B | $3.9M | ||
| Q2 25 | $5.2B | $3.8M | ||
| Q1 25 | $4.7B | $3.5M | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $4.7B | $4.7M | ||
| Q2 24 | $4.2B | $4.1M | ||
| Q1 24 | $3.9B | $5.6M |
净利润ACGLICMB
| Q4 25 | $1.2B | $-9.4M | ||
| Q3 25 | $1.4B | $-1.3M | ||
| Q2 25 | $1.2B | $-434.3K | ||
| Q1 25 | $574.0M | $2.2M | ||
| Q4 24 | $935.0M | — | ||
| Q3 24 | $988.0M | $6.6M | ||
| Q2 24 | $1.3B | $-2.0M | ||
| Q1 24 | $1.1B | $2.4M |
净利率ACGLICMB
| Q4 25 | 25.1% | -271.1% | ||
| Q3 25 | 26.4% | -32.4% | ||
| Q2 25 | 23.7% | -11.5% | ||
| Q1 25 | 12.3% | 63.0% | ||
| Q4 24 | 20.6% | — | ||
| Q3 24 | 20.9% | 141.3% | ||
| Q2 24 | 30.0% | -47.9% | ||
| Q1 24 | 28.4% | 43.1% |
每股收益（稀释后）ACGLICMB
| Q4 25 | $3.33 | $-0.64 | ||
| Q3 25 | $3.56 | $-0.09 | ||
| Q2 25 | $3.23 | $-0.03 | ||
| Q1 25 | $1.48 | $0.15 | ||
| Q4 24 | $2.41 | — | ||
| Q3 24 | $2.56 | $0.46 | ||
| Q2 24 | $3.30 | $-0.13 | ||
| Q1 24 | $2.92 | $0.17 |
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 | $4.6M |
| 总债务越低越好 | — | $123.9M |
| 股东权益账面价值 | $24.2B | $61.3M |
| 总资产 | $79.2B | $188.8M |
| 负债/权益比越低杠杆越低 | — | 2.02× |
8季度趋势，按日历期对齐
现金及短期投资ACGLICMB
| Q4 25 | $993.0M | $4.6M | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $983.0M | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $979.0M | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | $158.8K | ||
| Q1 24 | $993.0M | — |
总债务ACGLICMB
| Q4 25 | — | $123.9M | ||
| Q3 25 | — | $128.5M | ||
| Q2 25 | — | $135.5M | ||
| Q1 25 | — | $121.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $112.5M | ||
| Q2 24 | — | $108.0M | ||
| Q1 24 | — | $122.5M |
股东权益ACGLICMB
| Q4 25 | $24.2B | $61.3M | ||
| Q3 25 | $23.7B | $72.7M | ||
| Q2 25 | $23.0B | $76.0M | ||
| Q1 25 | $21.5B | $78.1M | ||
| Q4 24 | $20.8B | — | ||
| Q3 24 | $22.3B | $79.9M | ||
| Q2 24 | $20.7B | $75.0M | ||
| Q1 24 | $19.4B | $79.1M |
总资产ACGLICMB
| Q4 25 | $79.2B | $188.8M | ||
| Q3 25 | $79.2B | $210.6M | ||
| Q2 25 | $78.8B | $224.1M | ||
| Q1 25 | $75.2B | $207.6M | ||
| Q4 24 | $70.9B | — | ||
| Q3 24 | $73.7B | $203.0M | ||
| Q2 24 | $65.5B | $192.2M | ||
| Q1 24 | $62.8B | $210.0M |
负债/权益比ACGLICMB
| Q4 25 | — | 2.02× | ||
| Q3 25 | — | 1.77× | ||
| Q2 25 | — | 1.78× | ||
| Q1 25 | — | 1.55× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.41× | ||
| Q2 24 | — | 1.44× | ||
| Q1 24 | — | 1.55× |
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 | $12.0M |
| 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× | — |
| 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ACGLICMB
| Q4 25 | $1.4B | $12.0M | ||
| Q3 25 | $2.2B | $1.3M | ||
| Q2 25 | $1.1B | $-6.7M | ||
| Q1 25 | $1.5B | $5.1M | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $2.0B | $481.7K | ||
| Q2 24 | $1.5B | $11.0M | ||
| Q1 24 | $1.6B | $13.9M |
自由现金流ACGLICMB
| 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ACGLICMB
| 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ACGLICMB
| 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ACGLICMB
| Q4 25 | 1.13× | — | ||
| Q3 25 | 1.62× | — | ||
| Q2 25 | 0.91× | — | ||
| Q1 25 | 2.54× | 2.31× | ||
| Q4 24 | 1.68× | — | ||
| Q3 24 | 2.04× | 0.07× | ||
| Q2 24 | 1.20× | — | ||
| Q1 24 | 1.40× | 5.76× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
