vs
Arch Capital Group（ACGL）与拉夫劳伦（RL）财务数据对比。点击上方公司名可切换其他公司
Arch Capital Group的季度营收约是拉夫劳伦的1.9倍（$4.5B vs $2.4B），Arch Capital Group净利率更高（23.2% vs 15.0%，领先8.1%），拉夫劳伦同比增速更快（12.2% vs -3.3%），过去两年拉夫劳伦的营收复合增速更高（23.9% 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。
拉夫劳伦是源自美国的跨国时尚巨头，旗下同名高端时尚品牌风靡全球，企业规模达数十亿美元。品牌创始人拉夫劳伦于2015年9月卸任首席执行官，仍留任执行董事长兼首席创意官，主导品牌创意与整体发展方向。
ACGL vs RL — 直观对比
营收规模更大
ACGL
是对方的1.9倍
$2.4B
营收增速更快
RL
高出15.5%
-3.3%
净利率更高
ACGL
高出8.1%
15.0%
两年增速更快
RL
近两年复合增速
3.4%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.5B | $2.4B |
| 净利润 | $1.0B | $361.6M |
| 毛利率 | — | 69.9% |
| 营业利润率 | — | 19.6% |
| 净利率 | 23.2% | 15.0% |
| 营收同比 | -3.3% | 12.2% |
| 净利润同比 | 82.4% | 21.6% |
| 每股收益（稀释后） | $2.88 | $5.82 |
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ACGLRL
| Q1 26 | $4.5B | — | ||
| Q4 25 | $4.9B | $2.4B | ||
| Q3 25 | $5.1B | $2.0B | ||
| Q2 25 | $5.2B | $1.7B | ||
| Q1 25 | $4.7B | $1.7B | ||
| Q4 24 | $4.5B | $2.1B | ||
| Q3 24 | $4.7B | $1.7B | ||
| Q2 24 | $4.2B | $1.5B |
净利润ACGLRL
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.2B | $361.6M | ||
| Q3 25 | $1.4B | $207.5M | ||
| Q2 25 | $1.2B | $220.4M | ||
| Q1 25 | $574.0M | $129.0M | ||
| Q4 24 | $935.0M | $297.4M | ||
| Q3 24 | $988.0M | $147.9M | ||
| Q2 24 | $1.3B | $168.6M |
毛利率ACGLRL
| Q1 26 | — | — | ||
| Q4 25 | — | 69.9% | ||
| Q3 25 | — | 68.0% | ||
| Q2 25 | — | 72.3% | ||
| Q1 25 | — | 68.7% | ||
| Q4 24 | — | 68.4% | ||
| Q3 24 | — | 67.0% | ||
| Q2 24 | — | 70.5% |
营业利润率ACGLRL
| Q1 26 | — | — | ||
| Q4 25 | — | 19.6% | ||
| Q3 25 | — | 12.2% | ||
| Q2 25 | — | 15.9% | ||
| Q1 25 | — | 9.1% | ||
| Q4 24 | — | 18.2% | ||
| Q3 24 | — | 10.4% | ||
| Q2 24 | — | 13.8% |
净利率ACGLRL
| Q1 26 | 23.2% | — | ||
| Q4 25 | 25.1% | 15.0% | ||
| Q3 25 | 26.4% | 10.3% | ||
| Q2 25 | 23.7% | 12.8% | ||
| Q1 25 | 12.3% | 7.6% | ||
| Q4 24 | 20.6% | 13.9% | ||
| Q3 24 | 20.9% | 8.6% | ||
| Q2 24 | 30.0% | 11.1% |
每股收益（稀释后）ACGLRL
| Q1 26 | $2.88 | — | ||
| Q4 25 | $3.33 | $5.82 | ||
| Q3 25 | $3.56 | $3.32 | ||
| Q2 25 | $3.23 | $3.52 | ||
| Q1 25 | $1.48 | $2.03 | ||
| Q4 24 | $2.41 | $4.66 | ||
| Q3 24 | $2.56 | $2.31 | ||
| Q2 24 | $3.30 | $2.61 |
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 | $2.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $24.2B | $2.9B |
| 总资产 | $81.4B | $7.8B |
| 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ACGLRL
| Q1 26 | $24.0M | — | ||
| Q4 25 | $993.0M | $2.3B | ||
| Q3 25 | $1.1B | $1.6B | ||
| Q2 25 | $983.0M | $2.3B | ||
| Q1 25 | $1.2B | $2.1B | ||
| Q4 24 | $979.0M | $2.1B | ||
| Q3 24 | $1.0B | $1.7B | ||
| Q2 24 | $1.0B | $1.8B |
股东权益ACGLRL
| Q1 26 | $24.2B | — | ||
| Q4 25 | $24.2B | $2.9B | ||
| Q3 25 | $23.7B | $2.6B | ||
| Q2 25 | $23.0B | $2.5B | ||
| Q1 25 | $21.5B | $2.6B | ||
| Q4 24 | $20.8B | $2.5B | ||
| Q3 24 | $22.3B | $2.4B | ||
| Q2 24 | $20.7B | $2.4B |
总资产ACGLRL
| Q1 26 | $81.4B | — | ||
| Q4 25 | $79.2B | $7.8B | ||
| Q3 25 | $79.2B | $7.3B | ||
| Q2 25 | $78.8B | $7.8B | ||
| Q1 25 | $75.2B | $7.0B | ||
| Q4 24 | $70.9B | $7.1B | ||
| Q3 24 | $73.7B | $6.8B | ||
| Q2 24 | $65.5B | $6.6B |
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 | $779.6M |
| 自由现金流经营现金流 - 资本支出 | — | $704.0M |
| 自由现金流率自由现金流/营收 | — | 29.3% |
| 资本支出强度资本支出/营收 | — | 3.1% |
| 现金转化率经营现金流/净利润 | 1.13× | 2.16× |
| 过去12个月自由现金流最近4个季度 | — | $694.5M |
8季度趋势，按日历期对齐
经营现金流ACGLRL
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.4B | $779.6M | ||
| Q3 25 | $2.2B | $53.2M | ||
| Q2 25 | $1.1B | $176.1M | ||
| Q1 25 | $1.5B | $122.2M | ||
| Q4 24 | $1.6B | $738.4M | ||
| Q3 24 | $2.0B | $97.2M | ||
| Q2 24 | $1.5B | $277.3M |
自由现金流ACGLRL
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | $704.0M | ||
| Q3 25 | $2.2B | $-40.6M | ||
| Q2 25 | $1.1B | $-11.2M | ||
| Q1 25 | $1.4B | $42.3M | ||
| Q4 24 | $1.6B | $677.2M | ||
| Q3 24 | $2.0B | $55.5M | ||
| Q2 24 | $1.5B | $243.9M |
自由现金流率ACGLRL
| Q1 26 | — | — | ||
| Q4 25 | 28.2% | 29.3% | ||
| Q3 25 | 42.6% | -2.0% | ||
| Q2 25 | 21.3% | -0.7% | ||
| Q1 25 | 31.0% | 2.5% | ||
| Q4 24 | 34.3% | 31.6% | ||
| Q3 24 | 42.5% | 3.2% | ||
| Q2 24 | 35.6% | 16.1% |
资本支出强度ACGLRL
| Q1 26 | — | — | ||
| Q4 25 | 0.2% | 3.1% | ||
| Q3 25 | 0.2% | 4.7% | ||
| Q2 25 | 0.2% | 10.9% | ||
| Q1 25 | 0.2% | 4.7% | ||
| Q4 24 | 0.3% | 2.9% | ||
| Q3 24 | 0.3% | 2.4% | ||
| Q2 24 | 0.3% | 2.2% |
现金转化率ACGLRL
| Q1 26 | 1.13× | — | ||
| Q4 25 | 1.13× | 2.16× | ||
| Q3 25 | 1.62× | 0.26× | ||
| Q2 25 | 0.91× | 0.80× | ||
| Q1 25 | 2.54× | 0.95× | ||
| Q4 24 | 1.68× | 2.48× | ||
| Q3 24 | 2.04× | 0.66× | ||
| Q2 24 | 1.20× | 1.64× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
