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Arch Capital Group（ACGL）与史密斯菲尔德食品（SFD）财务数据对比。点击上方公司名可切换其他公司
Arch Capital Group的季度营收约是史密斯菲尔德食品的1.2倍（$4.5B vs $3.8B），Arch Capital Group净利率更高（23.2% vs 6.6%，领先16.6%），史密斯菲尔德食品同比增速更快（0.8% vs -3.3%），过去两年史密斯菲尔德食品的营收复合增速更高（6.8% 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。
史密斯菲尔德食品是全球规模最大的生猪养殖与猪肉加工企业，1936年由卢特父子创立，总部位于美国弗吉尼亚州史密斯菲尔德，现隶属于香港企业。公司在美国自营超500个农场，还与2000余家独立农场合作养殖生猪，业务覆盖墨西哥、波兰、德国等多个海外市场。
ACGL vs SFD — 直观对比
营收规模更大
ACGL
是对方的1.2倍
$3.8B
营收增速更快
SFD
高出4.0%
-3.3%
净利率更高
ACGL
高出16.6%
6.6%
两年增速更快
SFD
近两年复合增速
3.4%
损益表 — Q1 FY2026 vs Q1 FY2027
| 指标 | | |
|---|---|---|
| 营收 | $4.5B | $3.8B |
| 净利润 | $1.0B | $249.0M |
| 毛利率 | — | 13.4% |
| 营业利润率 | — | 8.8% |
| 净利率 | 23.2% | 6.6% |
| 营收同比 | -3.3% | 0.8% |
| 净利润同比 | 82.4% | 9.8% |
| 每股收益（稀释后） | $2.88 | — |
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ACGLSFD
| Q1 26 | $4.5B | $3.8B | ||
| Q4 25 | $4.9B | $4.2B | ||
| Q3 25 | $5.1B | $3.7B | ||
| Q2 25 | $5.2B | $3.8B | ||
| Q1 25 | $4.7B | $3.8B | ||
| Q4 24 | $4.5B | $4.0B | ||
| Q3 24 | $4.7B | $3.3B | ||
| Q2 24 | $4.2B | — |
净利润ACGLSFD
| Q1 26 | $1.0B | $249.0M | ||
| Q4 25 | $1.2B | $327.0M | ||
| Q3 25 | $1.4B | $248.0M | ||
| Q2 25 | $1.2B | $188.0M | ||
| Q1 25 | $574.0M | $224.0M | ||
| Q4 24 | $935.0M | $205.0M | ||
| Q3 24 | $988.0M | $291.0M | ||
| Q2 24 | $1.3B | — |
毛利率ACGLSFD
| Q1 26 | — | 13.4% | ||
| Q4 25 | — | 14.2% | ||
| Q3 25 | — | 12.8% | ||
| Q2 25 | — | 13.2% | ||
| Q1 25 | — | 13.5% | ||
| Q4 24 | — | 13.5% | ||
| Q3 24 | — | 14.3% | ||
| Q2 24 | — | — |
营业利润率ACGLSFD
| Q1 26 | — | 8.8% | ||
| Q4 25 | — | 9.5% | ||
| Q3 25 | — | 8.3% | ||
| Q2 25 | — | 6.9% | ||
| Q1 25 | — | 8.5% | ||
| Q4 24 | — | 8.5% | ||
| Q3 24 | — | 8.5% | ||
| Q2 24 | — | — |
净利率ACGLSFD
| Q1 26 | 23.2% | 6.6% | ||
| Q4 25 | 25.1% | 7.7% | ||
| Q3 25 | 26.4% | 6.6% | ||
| Q2 25 | 23.7% | 5.0% | ||
| Q1 25 | 12.3% | 5.9% | ||
| Q4 24 | 20.6% | 5.2% | ||
| Q3 24 | 20.9% | 8.7% | ||
| Q2 24 | 30.0% | — |
每股收益（稀释后）ACGLSFD
| Q1 26 | $2.88 | — | ||
| Q4 25 | $3.33 | $0.83 | ||
| Q3 25 | $3.56 | $0.63 | ||
| Q2 25 | $3.23 | $0.48 | ||
| Q1 25 | $1.48 | $0.57 | ||
| Q4 24 | $2.41 | $0.54 | ||
| Q3 24 | $2.56 | $0.77 | ||
| Q2 24 | $3.30 | — |
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 | $1.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $24.2B | $6.9B |
| 总资产 | $81.4B | $12.0B |
| 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ACGLSFD
| Q1 26 | $24.0M | $1.4B | ||
| Q4 25 | $993.0M | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $983.0M | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $979.0M | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | — |
总债务ACGLSFD
| Q1 26 | — | — | ||
| Q4 25 | — | $2.0B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益ACGLSFD
| Q1 26 | $24.2B | $6.9B | ||
| Q4 25 | $24.2B | $6.8B | ||
| Q3 25 | $23.7B | $6.5B | ||
| Q2 25 | $23.0B | $6.3B | ||
| Q1 25 | $21.5B | $6.2B | ||
| Q4 24 | $20.8B | $5.8B | ||
| Q3 24 | $22.3B | — | ||
| Q2 24 | $20.7B | — |
总资产ACGLSFD
| Q1 26 | $81.4B | $12.0B | ||
| Q4 25 | $79.2B | $12.2B | ||
| Q3 25 | $79.2B | $11.5B | ||
| Q2 25 | $78.8B | $11.2B | ||
| Q1 25 | $75.2B | $11.1B | ||
| Q4 24 | $70.9B | $11.1B | ||
| Q3 24 | $73.7B | — | ||
| Q2 24 | $65.5B | — |
负债/权益比ACGLSFD
| Q1 26 | — | — | ||
| Q4 25 | — | 0.29× | ||
| Q3 25 | — | 0.31× | ||
| Q2 25 | — | 0.32× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | — | 0.34× | ||
| 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 | — |
| 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 | — | 2.3% |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流ACGLSFD
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.4B | $938.0M | ||
| Q3 25 | $2.2B | $13.0M | ||
| Q2 25 | $1.1B | $274.0M | ||
| Q1 25 | $1.5B | $-166.0M | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $1.5B | — |
自由现金流ACGLSFD
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | $842.0M | ||
| Q3 25 | $2.2B | $-75.0M | ||
| Q2 25 | $1.1B | $196.0M | ||
| Q1 25 | $1.4B | $-245.0M | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $1.5B | — |
自由现金流率ACGLSFD
| Q1 26 | — | — | ||
| Q4 25 | 28.2% | 19.9% | ||
| Q3 25 | 42.6% | -2.0% | ||
| Q2 25 | 21.3% | 5.2% | ||
| Q1 25 | 31.0% | -6.5% | ||
| Q4 24 | 34.3% | — | ||
| Q3 24 | 42.5% | — | ||
| Q2 24 | 35.6% | — |
资本支出强度ACGLSFD
| Q1 26 | — | 2.3% | ||
| Q4 25 | 0.2% | 2.3% | ||
| Q3 25 | 0.2% | 2.3% | ||
| Q2 25 | 0.2% | 2.1% | ||
| Q1 25 | 0.2% | 2.1% | ||
| Q4 24 | 0.3% | 2.1% | ||
| Q3 24 | 0.3% | 2.8% | ||
| Q2 24 | 0.3% | — |
现金转化率ACGLSFD
| Q1 26 | 1.13× | — | ||
| Q4 25 | 1.13× | 2.87× | ||
| Q3 25 | 1.62× | 0.05× | ||
| Q2 25 | 0.91× | 1.46× | ||
| Q1 25 | 2.54× | -0.74× | ||
| Q4 24 | 1.68× | — | ||
| 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
