vs
Enact Holdings, Inc.（ACT）与MARTIN MIDSTREAM PARTNERS L.P.（MMLP）财务数据对比。点击上方公司名可切换其他公司
Enact Holdings, Inc.的季度营收约是MARTIN MIDSTREAM PARTNERS L.P.的1.7倍（$312.7M vs $187.7M），Enact Holdings, Inc.同比增速更快（3.6% vs -2.5%），过去两年Enact Holdings, Inc.的营收复合增速更高（3.6% vs 0.8%）
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。
Martin Midstream Partners L.P.是美国中游能源服务提供商，主营原油、天然气液、精炼石油产品及特种化学品的存储、运输、分销与加工服务，主要服务北美能源及工业领域客户。
ACT vs MMLP — 直观对比
营收规模更大
ACT
是对方的1.7倍
$187.7M
营收增速更快
ACT
高出6.2%
-2.5%
两年增速更快
ACT
近两年复合增速
0.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $312.7M | $187.7M |
| 净利润 | — | $3.2M |
| 毛利率 | — | — |
| 营业利润率 | 71.3% | 4.1% |
| 净利率 | — | 1.7% |
| 营收同比 | 3.6% | -2.5% |
| 净利润同比 | — | -37.1% |
| 每股收益（稀释后） | $1.23 | — |
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ACTMMLP
| Q1 26 | — | $187.7M | ||
| Q4 25 | $312.7M | $174.2M | ||
| Q3 25 | $311.5M | $168.7M | ||
| Q2 25 | $304.9M | $180.7M | ||
| Q1 25 | $306.8M | $192.5M | ||
| Q4 24 | $301.8M | $171.3M | ||
| Q3 24 | $309.6M | $170.9M | ||
| Q2 24 | $298.8M | $184.5M |
净利润ACTMMLP
| Q1 26 | — | $3.2M | ||
| Q4 25 | — | $-2.9M | ||
| Q3 25 | — | $-8.4M | ||
| Q2 25 | — | $-2.4M | ||
| Q1 25 | — | $-1.0M | ||
| Q4 24 | — | $-8.9M | ||
| Q3 24 | — | $-3.3M | ||
| Q2 24 | — | $3.8M |
毛利率ACTMMLP
| Q1 26 | — | — | ||
| Q4 25 | — | 57.1% | ||
| Q3 25 | — | 55.1% | ||
| Q2 25 | — | 56.5% | ||
| Q1 25 | — | 53.5% | ||
| Q4 24 | — | 58.2% | ||
| Q3 24 | — | 58.5% | ||
| Q2 24 | — | 58.4% |
营业利润率ACTMMLP
| Q1 26 | — | 4.1% | ||
| Q4 25 | 71.3% | 7.3% | ||
| Q3 25 | 67.4% | 4.1% | ||
| Q2 25 | 70.4% | 8.2% | ||
| Q1 25 | 68.9% | 7.5% | ||
| Q4 24 | 68.9% | 4.0% | ||
| Q3 24 | 74.1% | 7.4% | ||
| Q2 24 | 78.6% | 10.8% |
净利率ACTMMLP
| Q1 26 | — | 1.7% | ||
| Q4 25 | — | -1.7% | ||
| Q3 25 | — | -5.0% | ||
| Q2 25 | — | -1.3% | ||
| Q1 25 | — | -0.5% | ||
| Q4 24 | — | -5.2% | ||
| Q3 24 | — | -1.9% | ||
| Q2 24 | — | 2.0% |
每股收益（稀释后）ACTMMLP
| Q1 26 | — | — | ||
| Q4 25 | $1.23 | — | ||
| Q3 25 | $1.10 | — | ||
| Q2 25 | $1.11 | — | ||
| Q1 25 | $1.08 | — | ||
| Q4 24 | $1.05 | — | ||
| Q3 24 | $1.15 | — | ||
| Q2 24 | $1.16 | — |
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 | — |
| 总债务越低越好 | $744.5M | — |
| 股东权益账面价值 | $5.4B | — |
| 总资产 | $6.9B | $537.1M |
| 负债/权益比越低杠杆越低 | 0.14× | — |
8季度趋势，按日历期对齐
现金及短期投资ACTMMLP
| Q1 26 | — | — | ||
| Q4 25 | $582.5M | — | ||
| Q3 25 | $545.6M | — | ||
| Q2 25 | $616.0M | — | ||
| Q1 25 | $639.0M | — | ||
| Q4 24 | $602.8M | — | ||
| Q3 24 | $674.9M | — | ||
| Q2 24 | $711.3M | — |
总债务ACTMMLP
| Q1 26 | — | — | ||
| Q4 25 | $744.5M | $428.0M | ||
| Q3 25 | $744.1M | $441.3M | ||
| Q2 25 | $743.8M | $427.8M | ||
| Q1 25 | $743.4M | $451.4M | ||
| Q4 24 | $743.0M | $437.6M | ||
| Q3 24 | $742.7M | $469.3M | ||
| Q2 24 | $742.4M | $439.4M |
股东权益ACTMMLP
| Q1 26 | — | — | ||
| Q4 25 | $5.4B | — | ||
| Q3 25 | $5.3B | — | ||
| Q2 25 | $5.2B | — | ||
| Q1 25 | $5.1B | — | ||
| Q4 24 | $5.0B | — | ||
| Q3 24 | $5.0B | — | ||
| Q2 24 | $4.8B | — |
总资产ACTMMLP
| Q1 26 | — | $537.1M | ||
| Q4 25 | $6.9B | $522.4M | ||
| Q3 25 | $6.9B | $510.1M | ||
| Q2 25 | $6.8B | $515.6M | ||
| Q1 25 | $6.7B | $533.4M | ||
| Q4 24 | $6.5B | $538.5M | ||
| Q3 24 | $6.6B | $554.8M | ||
| Q2 24 | $6.3B | $535.1M |
负债/权益比ACTMMLP
| Q1 26 | — | — | ||
| Q4 25 | 0.14× | — | ||
| Q3 25 | 0.14× | — | ||
| Q2 25 | 0.14× | — | ||
| Q1 25 | 0.15× | — | ||
| Q4 24 | 0.15× | — | ||
| Q3 24 | 0.15× | — | ||
| Q2 24 | 0.15× | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | — | $-6.0M |
| 自由现金流率自由现金流/营收 | — | -3.2% |
| 资本支出强度资本支出/营收 | — | 1.6% |
| 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 | — | $27.2M |
8季度趋势，按日历期对齐
经营现金流ACTMMLP
| Q1 26 | — | — | ||
| Q4 25 | $724.5M | $22.4M | ||
| Q3 25 | $192.0M | $-1.2M | ||
| Q2 25 | $119.5M | $30.9M | ||
| Q1 25 | $226.7M | $-6.0M | ||
| Q4 24 | $686.3M | $42.2M | ||
| Q3 24 | $188.1M | $-15.8M | ||
| Q2 24 | $144.7M | $11.8M |
自由现金流ACTMMLP
| Q1 26 | — | $-6.0M | ||
| Q4 25 | — | $15.6M | ||
| Q3 25 | — | $-7.9M | ||
| Q2 25 | — | $25.6M | ||
| Q1 25 | — | $-11.9M | ||
| Q4 24 | — | $34.2M | ||
| Q3 24 | — | $-25.6M | ||
| Q2 24 | — | $-696.0K |
自由现金流率ACTMMLP
| Q1 26 | — | -3.2% | ||
| Q4 25 | — | 8.9% | ||
| Q3 25 | — | -4.7% | ||
| Q2 25 | — | 14.2% | ||
| Q1 25 | — | -6.2% | ||
| Q4 24 | — | 20.0% | ||
| Q3 24 | — | -15.0% | ||
| Q2 24 | — | -0.4% |
资本支出强度ACTMMLP
| Q1 26 | — | 1.6% | ||
| Q4 25 | — | 3.9% | ||
| Q3 25 | — | 4.0% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | — | 3.1% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | — | 5.8% | ||
| Q2 24 | — | 6.8% |
现金转化率ACTMMLP
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.13× |
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
MMLP
| Specialty products | $61.6M | 33% |
| Transportation * | $52.8M | 28% |
| Other | $46.5M | 25% |
| Terminalling and storage * | $22.4M | 12% |
| Sulfur services | $4.4M | 2% |
