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Enact Holdings, Inc.（ACT）与SPORTSMAN'S WAREHOUSE HOLDINGS, INC.（SPWH）财务数据对比。点击上方公司名可切换其他公司
SPORTSMAN'S WAREHOUSE HOLDINGS, INC.的季度营收约是Enact Holdings, Inc.的1.1倍（$331.3M vs $312.7M），Enact Holdings, Inc.同比增速更快（3.6% vs 2.2%），过去两年Enact Holdings, Inc.的营收复合增速更高（3.6% vs -5.4%）
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。
运动员仓库控股（Sportsman's Warehouse）是美国户外体育用品零售商，门店遍布全美29个州，主要面向狩猎、射击、露营、垂钓等各类户外休闲运动爱好者，销售户外服饰、鞋履及专业运动装备。
ACT vs SPWH — 直观对比
营收规模更大
SPWH
是对方的1.1倍
$312.7M
营收增速更快
ACT
高出1.4%
2.2%
两年增速更快
ACT
近两年复合增速
-5.4%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $312.7M | $331.3M |
| 净利润 | — | $8.0K |
| 毛利率 | — | 32.8% |
| 营业利润率 | 71.3% | 1.3% |
| 净利率 | — | 0.0% |
| 营收同比 | 3.6% | 2.2% |
| 净利润同比 | — | -97.8% |
| 每股收益（稀释后） | $1.23 | $0.00 |
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ACTSPWH
| Q4 25 | $312.7M | $331.3M | ||
| Q3 25 | $311.5M | $293.9M | ||
| Q2 25 | $304.9M | $249.1M | ||
| Q1 25 | $306.8M | $340.4M | ||
| Q4 24 | $301.8M | $324.3M | ||
| Q3 24 | $309.6M | $288.7M | ||
| Q2 24 | $298.8M | $244.2M | ||
| Q1 24 | $291.6M | $370.4M |
净利润ACTSPWH
| Q4 25 | — | $8.0K | ||
| Q3 25 | — | $-7.1M | ||
| Q2 25 | — | $-21.3M | ||
| Q1 25 | — | $-8.7M | ||
| Q4 24 | — | $-364.0K | ||
| Q3 24 | — | $-5.9M | ||
| Q2 24 | — | $-18.1M | ||
| Q1 24 | — | $-8.7M |
毛利率ACTSPWH
| Q4 25 | — | 32.8% | ||
| Q3 25 | — | 32.0% | ||
| Q2 25 | — | 30.4% | ||
| Q1 25 | — | 30.4% | ||
| Q4 24 | — | 31.8% | ||
| Q3 24 | — | 31.2% | ||
| Q2 24 | — | 30.2% | ||
| Q1 24 | — | 26.8% |
营业利润率ACTSPWH
| Q4 25 | 71.3% | 1.3% | ||
| Q3 25 | 67.4% | -1.1% | ||
| Q2 25 | 70.4% | -7.9% | ||
| Q1 25 | 68.9% | 1.1% | ||
| Q4 24 | 68.9% | 1.0% | ||
| Q3 24 | 74.1% | -1.5% | ||
| Q2 24 | 78.6% | -8.4% | ||
| Q1 24 | 70.6% | -2.1% |
净利率ACTSPWH
| Q4 25 | — | 0.0% | ||
| Q3 25 | — | -2.4% | ||
| Q2 25 | — | -8.5% | ||
| Q1 25 | — | -2.6% | ||
| Q4 24 | — | -0.1% | ||
| Q3 24 | — | -2.0% | ||
| Q2 24 | — | -7.4% | ||
| Q1 24 | — | -2.4% |
每股收益（稀释后）ACTSPWH
| Q4 25 | $1.23 | $0.00 | ||
| Q3 25 | $1.10 | $-0.18 | ||
| Q2 25 | $1.11 | $-0.56 | ||
| Q1 25 | $1.08 | $-0.22 | ||
| Q4 24 | $1.05 | $-0.01 | ||
| Q3 24 | $1.15 | $-0.16 | ||
| Q2 24 | $1.16 | $-0.48 | ||
| Q1 24 | $1.01 | $-0.22 |
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 | $2.2M |
| 总债务越低越好 | $744.5M | $44.0M |
| 股东权益账面价值 | $5.4B | $209.5M |
| 总资产 | $6.9B | $913.9M |
| 负债/权益比越低杠杆越低 | 0.14× | 0.21× |
8季度趋势，按日历期对齐
现金及短期投资ACTSPWH
| Q4 25 | $582.5M | $2.2M | ||
| Q3 25 | $545.6M | $1.8M | ||
| Q2 25 | $616.0M | $3.6M | ||
| Q1 25 | $639.0M | $2.8M | ||
| Q4 24 | $602.8M | $2.7M | ||
| Q3 24 | $674.9M | $2.6M | ||
| Q2 24 | $711.3M | $2.2M | ||
| Q1 24 | $624.3M | $3.1M |
总债务ACTSPWH
| Q4 25 | $744.5M | $44.0M | ||
| Q3 25 | $744.1M | $43.9M | ||
| Q2 25 | $743.8M | $24.1M | ||
| Q1 25 | $743.4M | $24.1M | ||
| Q4 24 | $743.0M | $24.0M | ||
| Q3 24 | $742.7M | $24.0M | ||
| Q2 24 | $742.4M | — | ||
| Q1 24 | $746.1M | — |
股东权益ACTSPWH
| Q4 25 | $5.4B | $209.5M | ||
| Q3 25 | $5.3B | $208.9M | ||
| Q2 25 | $5.2B | $215.1M | ||
| Q1 25 | $5.1B | $235.7M | ||
| Q4 24 | $5.0B | $243.6M | ||
| Q3 24 | $5.0B | $243.0M | ||
| Q2 24 | $4.8B | $247.5M | ||
| Q1 24 | $4.7B | $264.6M |
总资产ACTSPWH
| Q4 25 | $6.9B | $913.9M | ||
| Q3 25 | $6.9B | $948.9M | ||
| Q2 25 | $6.8B | $929.7M | ||
| Q1 25 | $6.7B | $852.1M | ||
| Q4 24 | $6.5B | $967.7M | ||
| Q3 24 | $6.6B | $901.9M | ||
| Q2 24 | $6.3B | $930.4M | ||
| Q1 24 | $6.3B | $886.2M |
负债/权益比ACTSPWH
| Q4 25 | 0.14× | 0.21× | ||
| Q3 25 | 0.14× | 0.21× | ||
| Q2 25 | 0.14× | 0.11× | ||
| Q1 25 | 0.15× | 0.10× | ||
| Q4 24 | 0.15× | 0.10× | ||
| Q3 24 | 0.15× | 0.10× | ||
| 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 | $16.3M |
| 自由现金流经营现金流 - 资本支出 | — | $8.7M |
| 自由现金流率自由现金流/营收 | — | 2.6% |
| 资本支出强度资本支出/营收 | — | 2.3% |
| 现金转化率经营现金流/净利润 | — | 2038.00× |
| 过去12个月自由现金流最近4个季度 | — | $-39.7M |
8季度趋势，按日历期对齐
经营现金流ACTSPWH
| Q4 25 | $724.5M | $16.3M | ||
| Q3 25 | $192.0M | $-26.6M | ||
| Q2 25 | $119.5M | $-60.2M | ||
| Q1 25 | $226.7M | $52.8M | ||
| Q4 24 | $686.3M | $-2.5M | ||
| Q3 24 | $188.1M | $18.5M | ||
| Q2 24 | $144.7M | $-34.6M | ||
| Q1 24 | $187.3M | $68.9M |
自由现金流ACTSPWH
| Q4 25 | — | $8.7M | ||
| Q3 25 | — | $-33.9M | ||
| Q2 25 | — | $-64.0M | ||
| Q1 25 | — | $49.6M | ||
| Q4 24 | — | $-6.2M | ||
| Q3 24 | — | $14.1M | ||
| Q2 24 | — | $-38.0M | ||
| Q1 24 | — | $60.2M |
自由现金流率ACTSPWH
| Q4 25 | — | 2.6% | ||
| Q3 25 | — | -11.5% | ||
| Q2 25 | — | -25.7% | ||
| Q1 25 | — | 14.6% | ||
| Q4 24 | — | -1.9% | ||
| Q3 24 | — | 4.9% | ||
| Q2 24 | — | -15.5% | ||
| Q1 24 | — | 16.2% |
资本支出强度ACTSPWH
| Q4 25 | — | 2.3% | ||
| Q3 25 | — | 2.5% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | 1.5% | ||
| Q2 24 | — | 1.4% | ||
| Q1 24 | — | 2.4% |
现金转化率ACTSPWH
| Q4 25 | — | 2038.00× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| 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
