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Enact Holdings, Inc.（ACT）与升特（SMTC）财务数据对比。点击上方公司名可切换其他公司
Enact Holdings, Inc.的季度营收约是升特的1.2倍（$312.7M vs $267.0M），升特同比增速更快（12.7% vs 3.6%），过去两年升特的营收复合增速更高（17.6% 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。
升特（Semtech）是美国模拟与混合信号半导体及先进算法供应商，产品覆盖消费电子、企业计算、通信、工业等终端领域。公司1960年成立于加利福尼亚州纽伯里帕克，总部位于南加州卡马里奥，目前在北美、欧洲、亚洲的15个国家设有32个分支机构。
ACT vs SMTC — 直观对比
营收规模更大
ACT
是对方的1.2倍
$267.0M
营收增速更快
SMTC
高出9.1%
3.6%
两年增速更快
SMTC
近两年复合增速
3.6%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $312.7M | $267.0M |
| 净利润 | — | $-2.9M |
| 毛利率 | — | 51.9% |
| 营业利润率 | 71.3% | 11.6% |
| 净利率 | — | -1.1% |
| 营收同比 | 3.6% | 12.7% |
| 净利润同比 | — | 62.3% |
| 每股收益（稀释后） | $1.23 | $-0.03 |
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ACTSMTC
| Q4 25 | $312.7M | $267.0M | ||
| Q3 25 | $311.5M | $257.6M | ||
| Q2 25 | $304.9M | $251.1M | ||
| Q1 25 | $306.8M | $251.0M | ||
| Q4 24 | $301.8M | $236.8M | ||
| Q3 24 | $309.6M | $215.4M | ||
| Q2 24 | $298.8M | $206.1M | ||
| Q1 24 | $291.6M | $192.9M |
净利润ACTSMTC
| Q4 25 | — | $-2.9M | ||
| Q3 25 | — | $-27.1M | ||
| Q2 25 | — | $19.3M | ||
| Q1 25 | — | $39.1M | ||
| Q4 24 | — | $-7.6M | ||
| Q3 24 | — | $-170.3M | ||
| Q2 24 | — | $-23.2M | ||
| Q1 24 | — | $-642.4M |
毛利率ACTSMTC
| Q4 25 | — | 51.9% | ||
| Q3 25 | — | 52.1% | ||
| Q2 25 | — | 52.3% | ||
| Q1 25 | — | 52.0% | ||
| Q4 24 | — | 51.1% | ||
| Q3 24 | — | 49.0% | ||
| Q2 24 | — | 48.3% | ||
| Q1 24 | — | -0.2% |
营业利润率ACTSMTC
| Q4 25 | 71.3% | 11.6% | ||
| Q3 25 | 67.4% | -6.3% | ||
| Q2 25 | 70.4% | 14.3% | ||
| Q1 25 | 68.9% | 8.5% | ||
| Q4 24 | 68.9% | 7.5% | ||
| Q3 24 | 74.1% | 3.6% | ||
| Q2 24 | 78.6% | 1.5% | ||
| Q1 24 | 70.6% | -321.3% |
净利率ACTSMTC
| Q4 25 | — | -1.1% | ||
| Q3 25 | — | -10.5% | ||
| Q2 25 | — | 7.7% | ||
| Q1 25 | — | 15.6% | ||
| Q4 24 | — | -3.2% | ||
| Q3 24 | — | -79.1% | ||
| Q2 24 | — | -11.2% | ||
| Q1 24 | — | -332.9% |
每股收益（稀释后）ACTSMTC
| Q4 25 | $1.23 | $-0.03 | ||
| Q3 25 | $1.10 | $-0.31 | ||
| Q2 25 | $1.11 | $0.22 | ||
| Q1 25 | $1.08 | $0.81 | ||
| Q4 24 | $1.05 | $-0.10 | ||
| Q3 24 | $1.15 | $-2.61 | ||
| Q2 24 | $1.16 | $-0.36 | ||
| Q1 24 | $1.01 | $-10.00 |
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 | $164.7M |
| 总债务越低越好 | $744.5M | — |
| 股东权益账面价值 | $5.4B | $565.7M |
| 总资产 | $6.9B | $1.4B |
| 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ACTSMTC
| Q4 25 | $582.5M | $164.7M | ||
| Q3 25 | $545.6M | $168.6M | ||
| Q2 25 | $616.0M | $156.5M | ||
| Q1 25 | $639.0M | $151.7M | ||
| Q4 24 | $602.8M | $136.5M | ||
| Q3 24 | $674.9M | $115.9M | ||
| Q2 24 | $711.3M | $126.8M | ||
| Q1 24 | $624.3M | $128.6M |
总债务ACTSMTC
| 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 | — | ||
| Q1 24 | $746.1M | — |
股东权益ACTSMTC
| Q4 25 | $5.4B | $565.7M | ||
| Q3 25 | $5.3B | $552.9M | ||
| Q2 25 | $5.2B | $568.8M | ||
| Q1 25 | $5.1B | $542.4M | ||
| Q4 24 | $5.0B | $-139.7M | ||
| Q3 24 | $5.0B | $-141.4M | ||
| Q2 24 | $4.8B | $-313.1M | ||
| Q1 24 | $4.7B | $-307.4M |
总资产ACTSMTC
| Q4 25 | $6.9B | $1.4B | ||
| Q3 25 | $6.9B | $1.4B | ||
| Q2 25 | $6.8B | $1.4B | ||
| Q1 25 | $6.7B | $1.4B | ||
| Q4 24 | $6.5B | $1.4B | ||
| Q3 24 | $6.6B | $1.4B | ||
| Q2 24 | $6.3B | $1.4B | ||
| Q1 24 | $6.3B | $1.4B |
负债/权益比ACTSMTC
| 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× | — | ||
| 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 | $47.5M |
| 自由现金流经营现金流 - 资本支出 | — | $44.6M |
| 自由现金流率自由现金流/营收 | — | 16.7% |
| 资本支出强度资本支出/营收 | — | 1.1% |
| 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 | — | $143.2M |
8季度趋势，按日历期对齐
经营现金流ACTSMTC
| Q4 25 | $724.5M | $47.5M | ||
| Q3 25 | $192.0M | $44.4M | ||
| Q2 25 | $119.5M | $27.8M | ||
| Q1 25 | $226.7M | $33.5M | ||
| Q4 24 | $686.3M | $29.6M | ||
| Q3 24 | $188.1M | $-5.0M | ||
| Q2 24 | $144.7M | $-89.0K | ||
| Q1 24 | $187.3M | $13.9M |
自由现金流ACTSMTC
| Q4 25 | — | $44.6M | ||
| Q3 25 | — | $41.5M | ||
| Q2 25 | — | $26.2M | ||
| Q1 25 | — | $30.9M | ||
| Q4 24 | — | $29.1M | ||
| Q3 24 | — | $-8.4M | ||
| Q2 24 | — | $-1.4M | ||
| Q1 24 | — | $12.2M |
自由现金流率ACTSMTC
| Q4 25 | — | 16.7% | ||
| Q3 25 | — | 16.1% | ||
| Q2 25 | — | 10.4% | ||
| Q1 25 | — | 12.3% | ||
| Q4 24 | — | 12.3% | ||
| Q3 24 | — | -3.9% | ||
| Q2 24 | — | -0.7% | ||
| Q1 24 | — | 6.3% |
资本支出强度ACTSMTC
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 1.6% | ||
| Q2 24 | — | 0.6% | ||
| Q1 24 | — | 0.9% |
现金转化率ACTSMTC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.44× | ||
| Q1 25 | — | 0.86× | ||
| 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
SMTC
| Products | $239.5M | 90% |
| Services | $27.4M | 10% |
