vs
Enact Holdings, Inc.（ACT）与BOSTON BEER CO INC（SAM）财务数据对比。点击上方公司名可切换其他公司
BOSTON BEER CO INC的季度营收约是Enact Holdings, Inc.的1.5倍（$461.6M vs $312.7M），Enact Holdings, Inc.同比增速更快（3.6% vs -4.1%），过去两年Enact Holdings, Inc.的营收复合增速更高（3.6% vs -10.7%）
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。
波士顿啤酒公司是美国知名酿酒企业，1984年由吉姆·科赫与朗达·卡尔曼联合创立。旗下首款产品以美国开国元勋、独立运动先驱塞缪尔·亚当斯命名，后续陆续推出多个自有品牌，2019年正式完成与角鲨头酿酒厂的合并，是北美精酿啤酒行业的核心参与者之一。
ACT vs SAM — 直观对比
营收规模更大
SAM
是对方的1.5倍
$312.7M
营收增速更快
ACT
高出7.7%
-4.1%
两年增速更快
ACT
近两年复合增速
-10.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $312.7M | $461.6M |
| 净利润 | — | — |
| 毛利率 | — | 46.4% |
| 营业利润率 | 71.3% | 12.4% |
| 净利率 | — | — |
| 营收同比 | 3.6% | -4.1% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $1.23 | $2.16 |
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ACTSAM
| Q1 26 | — | $461.6M | ||
| Q4 25 | $312.7M | $385.7M | ||
| Q3 25 | $311.5M | $537.5M | ||
| Q2 25 | $304.9M | $587.9M | ||
| Q1 25 | $306.8M | $453.9M | ||
| Q4 24 | $301.8M | $402.3M | ||
| Q3 24 | $309.6M | $605.5M | ||
| Q2 24 | $298.8M | $579.1M |
净利润ACTSAM
| Q1 26 | — | — | ||
| Q4 25 | — | $-22.5M | ||
| Q3 25 | — | $46.2M | ||
| Q2 25 | — | $60.4M | ||
| Q1 25 | — | $24.4M | ||
| Q4 24 | — | $-38.8M | ||
| Q3 24 | — | $33.5M | ||
| Q2 24 | — | $52.3M |
毛利率ACTSAM
| Q1 26 | — | 46.4% | ||
| Q4 25 | — | 43.5% | ||
| Q3 25 | — | 50.8% | ||
| Q2 25 | — | 49.8% | ||
| Q1 25 | — | 48.3% | ||
| Q4 24 | — | 39.9% | ||
| Q3 24 | — | 46.3% | ||
| Q2 24 | — | 46.0% |
营业利润率ACTSAM
| Q1 26 | — | 12.4% | ||
| Q4 25 | 71.3% | -8.6% | ||
| Q3 25 | 67.4% | 11.5% | ||
| Q2 25 | 70.4% | 14.0% | ||
| Q1 25 | 68.9% | 7.4% | ||
| Q4 24 | 68.9% | -13.9% | ||
| Q3 24 | 74.1% | 7.6% | ||
| Q2 24 | 78.6% | 12.2% |
净利率ACTSAM
| Q1 26 | — | — | ||
| Q4 25 | — | -5.8% | ||
| Q3 25 | — | 8.6% | ||
| Q2 25 | — | 10.3% | ||
| Q1 25 | — | 5.4% | ||
| Q4 24 | — | -9.6% | ||
| Q3 24 | — | 5.5% | ||
| Q2 24 | — | 9.0% |
每股收益（稀释后）ACTSAM
| Q1 26 | — | $2.16 | ||
| Q4 25 | $1.23 | $-1.97 | ||
| Q3 25 | $1.10 | $4.25 | ||
| Q2 25 | $1.11 | $5.45 | ||
| Q1 25 | $1.08 | $2.16 | ||
| Q4 24 | $1.05 | $-3.23 | ||
| Q3 24 | $1.15 | $2.86 | ||
| Q2 24 | $1.16 | $4.39 |
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 | $164.1M |
| 总债务越低越好 | $744.5M | — |
| 股东权益账面价值 | $5.4B | $682.6M |
| 总资产 | $6.9B | $1.2B |
| 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ACTSAM
| Q1 26 | — | $164.1M | ||
| Q4 25 | $582.5M | $223.4M | ||
| Q3 25 | $545.6M | $250.5M | ||
| Q2 25 | $616.0M | $212.4M | ||
| Q1 25 | $639.0M | $152.5M | ||
| Q4 24 | $602.8M | $211.8M | ||
| Q3 24 | $674.9M | $255.6M | ||
| Q2 24 | $711.3M | $219.3M |
总债务ACTSAM
| Q1 26 | — | — | ||
| Q4 25 | $744.5M | — | ||
| Q3 25 | $744.1M | — | ||
| Q2 25 | $743.8M | — | ||
| Q1 25 | $743.4M | — | ||
| Q4 24 | $743.0M | — | ||
| Q3 24 | $742.7M | — | ||
| Q2 24 | $742.4M | — |
股东权益ACTSAM
| Q1 26 | — | $682.6M | ||
| Q4 25 | $5.4B | $846.3M | ||
| Q3 25 | $5.3B | $911.0M | ||
| Q2 25 | $5.2B | $912.3M | ||
| Q1 25 | $5.1B | $897.0M | ||
| Q4 24 | $5.0B | $916.2M | ||
| Q3 24 | $5.0B | $1.0B | ||
| Q2 24 | $4.8B | $1.0B |
总资产ACTSAM
| Q1 26 | — | $1.2B | ||
| Q4 25 | $6.9B | $1.2B | ||
| Q3 25 | $6.9B | $1.2B | ||
| Q2 25 | $6.8B | $1.3B | ||
| Q1 25 | $6.7B | $1.2B | ||
| Q4 24 | $6.5B | $1.3B | ||
| Q3 24 | $6.6B | $1.4B | ||
| Q2 24 | $6.3B | $1.4B |
负债/权益比ACTSAM
| 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 | — | — |
| 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 | — | — |
| 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ACTSAM
| Q1 26 | — | — | ||
| Q4 25 | $724.5M | $39.9M | ||
| Q3 25 | $192.0M | $101.8M | ||
| Q2 25 | $119.5M | $126.5M | ||
| Q1 25 | $226.7M | $1.9M | ||
| Q4 24 | $686.3M | $41.9M | ||
| Q3 24 | $188.1M | $115.9M | ||
| Q2 24 | $144.7M | $96.0M |
自由现金流ACTSAM
| Q1 26 | — | — | ||
| Q4 25 | — | $22.1M | ||
| Q3 25 | — | $89.2M | ||
| Q2 25 | — | $112.2M | ||
| Q1 25 | — | $-8.0M | ||
| Q4 24 | — | $18.4M | ||
| Q3 24 | — | $99.2M | ||
| Q2 24 | — | $75.6M |
自由现金流率ACTSAM
| Q1 26 | — | — | ||
| Q4 25 | — | 5.7% | ||
| Q3 25 | — | 16.6% | ||
| Q2 25 | — | 19.1% | ||
| Q1 25 | — | -1.8% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | — | 16.4% | ||
| Q2 24 | — | 13.1% |
资本支出强度ACTSAM
| Q1 26 | — | — | ||
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 2.3% | ||
| Q2 25 | — | 2.4% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | — | 2.8% | ||
| Q2 24 | — | 3.5% |
现金转化率ACTSAM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 2.21× | ||
| Q2 25 | — | 2.09× | ||
| Q1 25 | — | 0.08× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.46× | ||
| Q2 24 | — | 1.83× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
