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Arch Capital Group（ACGL）与信安金融集团（PFG）财务数据对比。点击上方公司名可切换其他公司
信安金融集团的季度营收约是Arch Capital Group的1.0倍（$4.6B vs $4.5B），Arch Capital Group净利率更高（23.2% vs 11.3%，领先11.9%），Arch Capital Group同比增速更快（-3.3% vs -3.7%），过去两年信安金融集团的营收复合增速更高（6.3% 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。
信安金融集团（股票代码：PFG）是总部位于美国艾奥瓦州得梅因的全球性金融服务企业，核心业务涵盖投资管理、保险服务两大板块，在全球多个区域开展业务，为机构客户和个人用户提供专业定制化的金融解决方案，在行业内拥有较高知名度。
ACGL vs PFG — 直观对比
营收规模更大
PFG
是对方的1.0倍
$4.5B
营收增速更快
ACGL
高出0.4%
-3.7%
净利率更高
ACGL
高出11.9%
11.3%
两年增速更快
PFG
近两年复合增速
3.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.5B | $4.6B |
| 净利润 | $1.0B | $517.0M |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | 23.2% | 11.3% |
| 营收同比 | -3.3% | -3.7% |
| 净利润同比 | 82.4% | -42.9% |
| 每股收益（稀释后） | $2.88 | $2.30 |
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ACGLPFG
| Q1 26 | $4.5B | — | ||
| Q4 25 | $4.9B | $4.6B | ||
| Q3 25 | $5.1B | $3.7B | ||
| Q2 25 | $5.2B | $3.7B | ||
| Q1 25 | $4.7B | $3.7B | ||
| Q4 24 | $4.5B | $4.8B | ||
| Q3 24 | $4.7B | $3.0B | ||
| Q2 24 | $4.2B | $4.3B |
净利润ACGLPFG
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.2B | $517.0M | ||
| Q3 25 | $1.4B | $213.8M | ||
| Q2 25 | $1.2B | $406.2M | ||
| Q1 25 | $574.0M | $48.1M | ||
| Q4 24 | $935.0M | $905.4M | ||
| Q3 24 | $988.0M | $-220.0M | ||
| Q2 24 | $1.3B | $353.1M |
净利率ACGLPFG
| Q1 26 | 23.2% | — | ||
| Q4 25 | 25.1% | 11.3% | ||
| Q3 25 | 26.4% | 5.8% | ||
| Q2 25 | 23.7% | 11.1% | ||
| Q1 25 | 12.3% | 1.3% | ||
| Q4 24 | 20.6% | 19.1% | ||
| Q3 24 | 20.9% | -7.3% | ||
| Q2 24 | 30.0% | 8.2% |
每股收益（稀释后）ACGLPFG
| Q1 26 | $2.88 | — | ||
| Q4 25 | $3.33 | $2.30 | ||
| Q3 25 | $3.56 | $0.95 | ||
| Q2 25 | $3.23 | $1.79 | ||
| Q1 25 | $1.48 | $0.21 | ||
| Q4 24 | $2.41 | $3.92 | ||
| Q3 24 | $2.56 | $-0.95 | ||
| Q2 24 | $3.30 | $1.49 |
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 | $4.4B |
| 总债务越低越好 | — | $3.9B |
| 股东权益账面价值 | $24.2B | $11.9B |
| 总资产 | $81.4B | $341.4B |
| 负债/权益比越低杠杆越低 | — | 0.33× |
8季度趋势，按日历期对齐
现金及短期投资ACGLPFG
| Q1 26 | $24.0M | — | ||
| Q4 25 | $993.0M | $4.4B | ||
| Q3 25 | $1.1B | $5.1B | ||
| Q2 25 | $983.0M | $3.7B | ||
| Q1 25 | $1.2B | $3.9B | ||
| Q4 24 | $979.0M | $4.2B | ||
| Q3 24 | $1.0B | $6.2B | ||
| Q2 24 | $1.0B | $4.8B |
总债务ACGLPFG
| Q1 26 | — | — | ||
| Q4 25 | — | $3.9B | ||
| Q3 25 | — | $3.9B | ||
| Q2 25 | — | $3.9B | ||
| Q1 25 | — | $4.3B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | — | $3.9B | ||
| Q2 24 | — | $3.9B |
股东权益ACGLPFG
| Q1 26 | $24.2B | — | ||
| Q4 25 | $24.2B | $11.9B | ||
| Q3 25 | $23.7B | $11.7B | ||
| Q2 25 | $23.0B | $11.4B | ||
| Q1 25 | $21.5B | $11.2B | ||
| Q4 24 | $20.8B | $11.1B | ||
| Q3 24 | $22.3B | $11.2B | ||
| Q2 24 | $20.7B | $11.0B |
总资产ACGLPFG
| Q1 26 | $81.4B | — | ||
| Q4 25 | $79.2B | $341.4B | ||
| Q3 25 | $79.2B | $334.5B | ||
| Q2 25 | $78.8B | $323.1B | ||
| Q1 25 | $75.2B | $313.0B | ||
| Q4 24 | $70.9B | $313.7B | ||
| Q3 24 | $73.7B | $322.9B | ||
| Q2 24 | $65.5B | $308.8B |
负债/权益比ACGLPFG
| Q1 26 | — | — | ||
| Q4 25 | — | 0.33× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.34× | ||
| Q1 25 | — | 0.39× | ||
| Q4 24 | — | 0.36× | ||
| Q3 24 | — | 0.35× | ||
| Q2 24 | — | 0.36× |
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 | $1.7B |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 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× | 3.37× |
| 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ACGLPFG
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.4B | $1.7B | ||
| Q3 25 | $2.2B | $1.0B | ||
| Q2 25 | $1.1B | $811.9M | ||
| Q1 25 | $1.5B | $977.3M | ||
| Q4 24 | $1.6B | $1.5B | ||
| Q3 24 | $2.0B | $1.1B | ||
| Q2 24 | $1.5B | $1.4B |
自由现金流ACGLPFG
| Q1 26 | — | — | ||
| 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ACGLPFG
| Q1 26 | — | — | ||
| 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ACGLPFG
| 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ACGLPFG
| Q1 26 | 1.13× | — | ||
| Q4 25 | 1.13× | 3.37× | ||
| Q3 25 | 1.62× | 4.70× | ||
| Q2 25 | 0.91× | 2.00× | ||
| Q1 25 | 2.54× | 20.32× | ||
| Q4 24 | 1.68× | 1.61× | ||
| Q3 24 | 2.04× | — | ||
| Q2 24 | 1.20× | 4.05× |
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
PFG
| Segment Retirement And Income Solutions | $1.6B | 36% |
| Segment Benefits And Protection | $1.1B | 23% |
| Other | $582.8M | 13% |
| Segment Principal Asset Management | $465.6M | 10% |
| Subsegment Investment Management | $449.4M | 10% |
| Administrative Service | $152.2M | 3% |
| Subsegment International Pension | $91.2M | 2% |
| Segment Corporate | $73.0M | 2% |
| Subsegment Life Insurance | $26.1M | 1% |
| Financial Service Other | $25.1M | 1% |
| Residential Mortgage | $7.4M | 0% |
| Subsegment Specialty Benefits | $3.7M | 0% |
| Deposit Account | $3.4M | 0% |
| Commission Income | $1.8M | 0% |
