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Enact Holdings, Inc.（ACT）与怡安集团（RYAN）财务数据对比。点击上方公司名可切换其他公司
怡安集团的季度营收约是Enact Holdings, Inc.的2.4倍（$738.0M vs $312.7M）。怡安集团同比增速更快（13.6% vs 3.6%）。过去两年怡安集团的营收复合增速更高（17.1% vs 3.6%）
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。
怡安集团是一家业务横跨英美两国的专业服务企业，目前主要开展两大板块业务：风险资本板块提供风险管理、保险及再保险领域的经纪与咨询服务；人力资本板块则提供健康保险、退休计划、养老金计划与人才咨询相关服务。
ACT vs RYAN — 直观对比
营收规模更大
RYAN
是对方的2.4倍
$312.7M
营收增速更快
RYAN
高出10.0%
3.6%
两年增速更快
RYAN
近两年复合增速
3.6%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $312.7M | $738.0M |
| 净利润 | — | $8.0M |
| 毛利率 | — | — |
| 营业利润率 | 71.3% | 12.4% |
| 净利率 | — | 1.1% |
| 营收同比 | 3.6% | 13.6% |
| 净利润同比 | — | -42.0% |
| 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ACTRYAN
| Q4 25 | $312.7M | $738.0M | ||
| Q3 25 | $311.5M | $739.6M | ||
| Q2 25 | $304.9M | $840.9M | ||
| Q1 25 | $306.8M | $676.1M | ||
| Q4 24 | $301.8M | $649.4M | ||
| Q3 24 | $309.6M | $588.1M | ||
| Q2 24 | $298.8M | $680.2M | ||
| Q1 24 | $291.6M | $537.9M |
净利润ACTRYAN
| Q4 25 | — | $8.0M | ||
| Q3 25 | — | $31.1M | ||
| Q2 25 | — | $52.0M | ||
| Q1 25 | — | $-27.6M | ||
| Q4 24 | — | $13.8M | ||
| Q3 24 | — | $17.6M | ||
| Q2 24 | — | $46.8M | ||
| Q1 24 | — | $16.5M |
营业利润率ACTRYAN
| Q4 25 | 71.3% | 12.4% | ||
| Q3 25 | 67.4% | 15.0% | ||
| Q2 25 | 70.4% | 22.7% | ||
| Q1 25 | 68.9% | 14.8% | ||
| Q4 24 | 68.9% | 16.8% | ||
| Q3 24 | 74.1% | 13.9% | ||
| Q2 24 | 78.6% | 24.2% | ||
| Q1 24 | 70.6% | 13.5% |
净利率ACTRYAN
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | 4.2% | ||
| Q2 25 | — | 6.2% | ||
| Q1 25 | — | -4.1% | ||
| Q4 24 | — | 2.1% | ||
| Q3 24 | — | 3.0% | ||
| Q2 24 | — | 6.9% | ||
| Q1 24 | — | 3.1% |
每股收益（稀释后）ACTRYAN
| 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 | — | ||
| 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 | $158.3M |
| 总债务越低越好 | $744.5M | $3.3B |
| 股东权益账面价值 | $5.4B | $648.1M |
| 总资产 | $6.9B | $10.6B |
| 负债/权益比越低杠杆越低 | 0.14× | 5.16× |
8季度趋势，按日历期对齐
现金及短期投资ACTRYAN
| Q4 25 | $582.5M | $158.3M | ||
| Q3 25 | $545.6M | $153.5M | ||
| Q2 25 | $616.0M | $172.6M | ||
| Q1 25 | $639.0M | $203.5M | ||
| Q4 24 | $602.8M | $540.2M | ||
| Q3 24 | $674.9M | $235.2M | ||
| Q2 24 | $711.3M | $1.7B | ||
| Q1 24 | $624.3M | $1.6B |
总债务ACTRYAN
| Q4 25 | $744.5M | $3.3B | ||
| Q3 25 | $744.1M | — | ||
| Q2 25 | $743.8M | — | ||
| Q1 25 | $743.4M | — | ||
| Q4 24 | $743.0M | $3.3B | ||
| Q3 24 | $742.7M | — | ||
| Q2 24 | $742.4M | — | ||
| Q1 24 | $746.1M | — |
股东权益ACTRYAN
| Q4 25 | $5.4B | $648.1M | ||
| Q3 25 | $5.3B | $630.5M | ||
| Q2 25 | $5.2B | $610.1M | ||
| Q1 25 | $5.1B | $542.5M | ||
| Q4 24 | $5.0B | $627.7M | ||
| Q3 24 | $5.0B | $632.8M | ||
| Q2 24 | $4.8B | $605.9M | ||
| Q1 24 | $4.7B | $554.4M |
总资产ACTRYAN
| Q4 25 | $6.9B | $10.6B | ||
| Q3 25 | $6.9B | $9.9B | ||
| Q2 25 | $6.8B | $10.6B | ||
| Q1 25 | $6.7B | $9.9B | ||
| Q4 24 | $6.5B | $9.6B | ||
| Q3 24 | $6.6B | $8.5B | ||
| Q2 24 | $6.3B | $8.3B | ||
| Q1 24 | $6.3B | $7.1B |
负债/权益比ACTRYAN
| Q4 25 | 0.14× | 5.16× | ||
| Q3 25 | 0.14× | — | ||
| Q2 25 | 0.14× | — | ||
| Q1 25 | 0.15× | — | ||
| Q4 24 | 0.15× | 5.22× | ||
| 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 | $186.3M | $263.2M |
| 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 | — | 0.0% |
| 现金转化率经营现金流/净利润 | — | 32.99× |
| 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ACTRYAN
| Q4 25 | $186.3M | $263.2M | ||
| Q3 25 | $192.0M | $169.7M | ||
| Q2 25 | $119.5M | $353.6M | ||
| Q1 25 | $226.7M | $-142.8M | ||
| Q4 24 | $166.1M | $259.6M | ||
| Q3 24 | $188.1M | $100.9M | ||
| Q2 24 | $144.7M | $270.8M | ||
| Q1 24 | $187.3M | $-116.5M |
自由现金流ACTRYAN
| Q4 25 | — | — | ||
| Q3 25 | — | $167.3M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-143.5M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率ACTRYAN
| Q4 25 | — | — | ||
| Q3 25 | — | 22.6% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -21.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度ACTRYAN
| Q4 25 | — | 0.0% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | 0.0% |
现金转化率ACTRYAN
| Q4 25 | — | 32.99× | ||
| Q3 25 | — | 5.46× | ||
| Q2 25 | — | 6.80× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 18.88× | ||
| Q3 24 | — | 5.74× | ||
| Q2 24 | — | 5.79× | ||
| Q1 24 | — | -7.05× |
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
RYAN
| Wholesale Brokerage | $385.7M | 52% |
| Underwriting Management | $268.3M | 36% |
| Binding Authorities | $84.0M | 11% |
