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Enact Holdings, Inc.（ACT）与麦格劳希尔（MH）财务数据对比。点击上方公司名可切换其他公司
麦格劳希尔的季度营收约是Enact Holdings, Inc.的1.4倍（$434.2M vs $312.7M），Enact Holdings, Inc.同比增速更快（3.6% vs -35.1%）
Enact Holdings, Inc.是美国领先的私人抵押贷款保险服务商，为银行、信用社等各类住宅抵押贷款机构提供风险缓释解决方案，帮助首付较低的购房者获得可负担的住房贷款，助力更多美国普通消费者实现安居需求。
麦格劳希尔是美国知名教育科技企业，面向K12、高等教育及职业领域的师生提供多元教育内容、软件与服务。核心产品包含教材、数字学习工具及自适应技术，助力优化学习体验、提升学习效果，是与霍顿米夫林哈考特、培生教育齐名的全球三大教育出版商之一。
ACT vs MH — 直观对比
营收规模更大
MH
是对方的1.4倍
$312.7M
营收增速更快
ACT
高出38.7%
-35.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $312.7M | $434.2M |
| 净利润 | — | $-20.2M |
| 毛利率 | — | 85.3% |
| 营业利润率 | 71.3% | 7.0% |
| 净利率 | — | -4.7% |
| 营收同比 | 3.6% | -35.1% |
| 净利润同比 | — | -119.2% |
| 每股收益（稀释后） | $1.23 | $-0.11 |
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ACTMH
| Q4 25 | $312.7M | $434.2M | ||
| Q3 25 | $311.5M | $669.2M | ||
| Q2 25 | $304.9M | $535.7M | ||
| Q1 25 | $306.8M | — | ||
| Q4 24 | $301.8M | — | ||
| Q3 24 | $309.6M | — | ||
| Q2 24 | $298.8M | — | ||
| Q1 24 | $291.6M | — |
净利润ACTMH
| Q4 25 | — | $-20.2M | ||
| Q3 25 | — | $105.3M | ||
| Q2 25 | — | $502.0K | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
毛利率ACTMH
| Q4 25 | — | 85.3% | ||
| Q3 25 | — | 79.2% | ||
| Q2 25 | — | 77.0% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率ACTMH
| Q4 25 | 71.3% | 7.0% | ||
| Q3 25 | 67.4% | 23.4% | ||
| Q2 25 | 70.4% | 18.0% | ||
| Q1 25 | 68.9% | — | ||
| Q4 24 | 68.9% | — | ||
| Q3 24 | 74.1% | — | ||
| Q2 24 | 78.6% | — | ||
| Q1 24 | 70.6% | — |
净利率ACTMH
| Q4 25 | — | -4.7% | ||
| Q3 25 | — | 15.7% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
每股收益（稀释后）ACTMH
| Q4 25 | $1.23 | $-0.11 | ||
| Q3 25 | $1.10 | $0.57 | ||
| Q2 25 | $1.11 | $0.00 | ||
| Q1 25 | $1.08 | — | ||
| Q4 24 | $1.05 | — | ||
| Q3 24 | $1.15 | — | ||
| Q2 24 | $1.16 | — | ||
| Q1 24 | $1.01 | — |
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 | $582.5M | $514.4M |
| 总债务越低越好 | $744.5M | $2.6B |
| 股东权益账面价值 | $5.4B | $775.3M |
| 总资产 | $6.9B | $5.6B |
| 负债/权益比越低杠杆越低 | 0.14× | 3.36× |
8季度趋势，按日历期对齐
现金及短期投资ACTMH
| Q4 25 | $582.5M | $514.4M | ||
| Q3 25 | $545.6M | $463.2M | ||
| Q2 25 | $616.0M | $247.3M | ||
| Q1 25 | $639.0M | — | ||
| Q4 24 | $602.8M | — | ||
| Q3 24 | $674.9M | — | ||
| Q2 24 | $711.3M | — | ||
| Q1 24 | $624.3M | — |
总债务ACTMH
| Q4 25 | $744.5M | $2.6B | ||
| Q3 25 | $744.1M | $2.8B | ||
| Q2 25 | $743.8M | $3.2B | ||
| Q1 25 | $743.4M | — | ||
| Q4 24 | $743.0M | — | ||
| Q3 24 | $742.7M | — | ||
| Q2 24 | $742.4M | — | ||
| Q1 24 | $746.1M | — |
股东权益ACTMH
| Q4 25 | $5.4B | $775.3M | ||
| Q3 25 | $5.3B | $794.6M | ||
| Q2 25 | $5.2B | $283.3M | ||
| Q1 25 | $5.1B | — | ||
| Q4 24 | $5.0B | — | ||
| Q3 24 | $5.0B | — | ||
| Q2 24 | $4.8B | — | ||
| Q1 24 | $4.7B | — |
总资产ACTMH
| Q4 25 | $6.9B | $5.6B | ||
| Q3 25 | $6.9B | $6.0B | ||
| Q2 25 | $6.8B | $5.7B | ||
| Q1 25 | $6.7B | — | ||
| Q4 24 | $6.5B | — | ||
| Q3 24 | $6.6B | — | ||
| Q2 24 | $6.3B | — | ||
| Q1 24 | $6.3B | — |
负债/权益比ACTMH
| Q4 25 | 0.14× | 3.36× | ||
| Q3 25 | 0.14× | 3.52× | ||
| Q2 25 | 0.14× | 11.17× | ||
| Q1 25 | 0.15× | — | ||
| Q4 24 | 0.15× | — | ||
| Q3 24 | 0.15× | — | ||
| Q2 24 | 0.15× | — | ||
| Q1 24 | 0.16× | — |
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 | $724.5M | $309.0M |
| 自由现金流经营现金流 - 资本支出 | — | $285.4M |
| 自由现金流率自由现金流/营收 | — | 65.7% |
| 资本支出强度资本支出/营收 | — | 5.4% |
| 现金转化率经营现金流/净利润 | — | — |
| 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ACTMH
| Q4 25 | $724.5M | $309.0M | ||
| Q3 25 | $192.0M | $265.0M | ||
| Q2 25 | $119.5M | $-96.7M | ||
| Q1 25 | $226.7M | — | ||
| Q4 24 | $686.3M | — | ||
| Q3 24 | $188.1M | — | ||
| Q2 24 | $144.7M | — | ||
| Q1 24 | $187.3M | — |
自由现金流ACTMH
| Q4 25 | — | $285.4M | ||
| Q3 25 | — | $243.8M | ||
| Q2 25 | — | $-112.9M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率ACTMH
| Q4 25 | — | 65.7% | ||
| Q3 25 | — | 36.4% | ||
| Q2 25 | — | -21.1% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度ACTMH
| Q4 25 | — | 5.4% | ||
| Q3 25 | — | 3.2% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率ACTMH
| Q4 25 | — | — | ||
| Q3 25 | — | 2.52× | ||
| Q2 25 | — | -192.53× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
ACT
暂无分部数据
MH
| Higher Education | $225.4M | 52% |
| Digital | $103.5M | 24% |
| Other | $44.4M | 10% |
| Global Professional | $36.2M | 8% |
| $24.7M | 6% |
