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Arch Capital Group（ACGL）与PPL Corporation（PPL）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PPL Corporation的1.9倍（$4.5B vs $2.3B），Arch Capital Group净利率更高（23.2% vs 11.3%，领先11.8%），PPL Corporation同比增速更快（7.2% vs -3.3%），过去两年Arch Capital Group的营收复合增速更高（3.4% vs 1.0%）
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。
PPL公司是总部位于美国宾夕法尼亚州的能源公用事业控股企业，为宾州、肯塔基州、罗德岛州约350万居民及工商业用户提供电力与天然气供应服务，核心业务方向包括电网现代化升级、清洁能源转型、高可靠性可持续能源服务供给。
ACGL vs PPL — 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
PPL
高出10.5%
-3.3%
净利率更高
ACGL
高出11.8%
11.3%
两年增速更快
ACGL
近两年复合增速
1.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.5B | $2.3B |
| 净利润 | $1.0B | $266.0M |
| 毛利率 | — | — |
| 营业利润率 | — | 20.3% |
| 净利率 | 23.2% | 11.3% |
| 营收同比 | -3.3% | 7.2% |
| 净利润同比 | 82.4% | 50.3% |
| 每股收益（稀释后） | $2.88 | $0.35 |
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ACGLPPL
| Q1 26 | $4.5B | — | ||
| Q4 25 | $4.9B | $2.3B | ||
| Q3 25 | $5.1B | $2.2B | ||
| Q2 25 | $5.2B | $2.0B | ||
| Q1 25 | $4.7B | $2.5B | ||
| Q4 24 | $4.5B | $2.2B | ||
| Q3 24 | $4.7B | $2.1B | ||
| Q2 24 | $4.2B | $1.9B |
净利润ACGLPPL
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.2B | $266.0M | ||
| Q3 25 | $1.4B | $318.0M | ||
| Q2 25 | $1.2B | $183.0M | ||
| Q1 25 | $574.0M | $414.0M | ||
| Q4 24 | $935.0M | $177.0M | ||
| Q3 24 | $988.0M | $214.0M | ||
| Q2 24 | $1.3B | $190.0M |
营业利润率ACGLPPL
| Q1 26 | — | — | ||
| Q4 25 | — | 20.3% | ||
| Q3 25 | — | 25.4% | ||
| Q2 25 | — | 19.9% | ||
| Q1 25 | — | 26.6% | ||
| Q4 24 | — | 17.2% | ||
| Q3 24 | — | 20.6% | ||
| Q2 24 | — | 20.8% |
净利率ACGLPPL
| Q1 26 | 23.2% | — | ||
| Q4 25 | 25.1% | 11.3% | ||
| Q3 25 | 26.4% | 14.2% | ||
| Q2 25 | 23.7% | 9.0% | ||
| Q1 25 | 12.3% | 16.3% | ||
| Q4 24 | 20.6% | 8.1% | ||
| Q3 24 | 20.9% | 10.3% | ||
| Q2 24 | 30.0% | 10.1% |
每股收益（稀释后）ACGLPPL
| Q1 26 | $2.88 | — | ||
| Q4 25 | $3.33 | $0.35 | ||
| Q3 25 | $3.56 | $0.43 | ||
| Q2 25 | $3.23 | $0.25 | ||
| Q1 25 | $1.48 | $0.56 | ||
| Q4 24 | $2.41 | $0.23 | ||
| Q3 24 | $2.56 | $0.29 | ||
| Q2 24 | $3.30 | $0.26 |
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 | $1.1B |
| 总债务越低越好 | — | $18.9B |
| 股东权益账面价值 | $24.2B | $14.9B |
| 总资产 | $81.4B | $45.2B |
| 负债/权益比越低杠杆越低 | — | 1.27× |
8季度趋势，按日历期对齐
现金及短期投资ACGLPPL
| Q1 26 | $24.0M | — | ||
| Q4 25 | $993.0M | $1.1B | ||
| Q3 25 | $1.1B | $1.1B | ||
| Q2 25 | $983.0M | $294.0M | ||
| Q1 25 | $1.2B | $312.0M | ||
| Q4 24 | $979.0M | $306.0M | ||
| Q3 24 | $1.0B | $542.0M | ||
| Q2 24 | $1.0B | $282.0M |
总债务ACGLPPL
| Q1 26 | — | — | ||
| Q4 25 | — | $18.9B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $16.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益ACGLPPL
| Q1 26 | $24.2B | — | ||
| Q4 25 | $24.2B | $14.9B | ||
| Q3 25 | $23.7B | $14.4B | ||
| Q2 25 | $23.0B | $14.3B | ||
| Q1 25 | $21.5B | $14.3B | ||
| Q4 24 | $20.8B | $14.1B | ||
| Q3 24 | $22.3B | $14.1B | ||
| Q2 24 | $20.7B | $14.1B |
总资产ACGLPPL
| Q1 26 | $81.4B | — | ||
| Q4 25 | $79.2B | $45.2B | ||
| Q3 25 | $79.2B | $43.9B | ||
| Q2 25 | $78.8B | $42.4B | ||
| Q1 25 | $75.2B | $41.8B | ||
| Q4 24 | $70.9B | $41.1B | ||
| Q3 24 | $73.7B | $40.5B | ||
| Q2 24 | $65.5B | $39.8B |
负债/权益比ACGLPPL
| Q1 26 | — | — | ||
| Q4 25 | — | 1.27× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.17× | ||
| Q3 24 | — | — | ||
| 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 | $548.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-614.0M |
| 自由现金流率自由现金流/营收 | — | -26.1% |
| 资本支出强度资本支出/营收 | — | 49.5% |
| 现金转化率经营现金流/净利润 | 1.13× | 2.06× |
| 过去12个月自由现金流最近4个季度 | — | $-1.4B |
8季度趋势，按日历期对齐
经营现金流ACGLPPL
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.4B | $548.0M | ||
| Q3 25 | $2.2B | $966.0M | ||
| Q2 25 | $1.1B | $602.0M | ||
| Q1 25 | $1.5B | $513.0M | ||
| Q4 24 | $1.6B | $511.0M | ||
| Q3 24 | $2.0B | $781.0M | ||
| Q2 24 | $1.5B | $766.0M |
自由现金流ACGLPPL
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | $-614.0M | ||
| Q3 25 | $2.2B | $-179.0M | ||
| Q2 25 | $1.1B | $-328.0M | ||
| Q1 25 | $1.4B | $-280.0M | ||
| Q4 24 | $1.6B | $-349.0M | ||
| Q3 24 | $2.0B | $102.0M | ||
| Q2 24 | $1.5B | $96.0M |
自由现金流率ACGLPPL
| Q1 26 | — | — | ||
| Q4 25 | 28.2% | -26.1% | ||
| Q3 25 | 42.6% | -8.0% | ||
| Q2 25 | 21.3% | -16.1% | ||
| Q1 25 | 31.0% | -11.0% | ||
| Q4 24 | 34.3% | -15.9% | ||
| Q3 24 | 42.5% | 4.9% | ||
| Q2 24 | 35.6% | 5.1% |
资本支出强度ACGLPPL
| Q1 26 | — | — | ||
| Q4 25 | 0.2% | 49.5% | ||
| Q3 25 | 0.2% | 51.2% | ||
| Q2 25 | 0.2% | 45.6% | ||
| Q1 25 | 0.2% | 31.2% | ||
| Q4 24 | 0.3% | 39.3% | ||
| Q3 24 | 0.3% | 32.7% | ||
| Q2 24 | 0.3% | 35.8% |
现金转化率ACGLPPL
| Q1 26 | 1.13× | — | ||
| Q4 25 | 1.13× | 2.06× | ||
| Q3 25 | 1.62× | 3.04× | ||
| Q2 25 | 0.91× | 3.29× | ||
| Q1 25 | 2.54× | 1.24× | ||
| Q4 24 | 1.68× | 2.89× | ||
| Q3 24 | 2.04× | 3.65× | ||
| Q2 24 | 1.20× | 4.03× |
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
PPL
| Rhode Island Regulated | $539.0M | 23% |
| Other | $532.0M | 23% |
| Residential | $451.0M | 19% |
| Nonrelated Party | $425.0M | 18% |
| Transmission | $228.0M | 10% |
| Commercial | $117.0M | 5% |
| Wholesale Other | $23.0M | 1% |
| Industrial | $14.0M | 1% |
| Related Party | $13.0M | 1% |
| Wholesale Municipal | $6.0M | 0% |
