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Enact Holdings, Inc.（ACT）与Texas Pacific Land Corporation（TPL）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Texas Pacific Land Corporation的1.5倍（$312.7M vs $211.6M），Texas Pacific Land Corporation同比增速更快（13.9% vs 3.6%），过去两年Texas Pacific Land Corporation的营收复合增速更高（10.2% 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。
Texas Pacific Land Corporation（简称TPL）是一家公开上市的不动产运营企业，行政总部位于美国得克萨斯州达拉斯市。公司在得州西部20个郡拥有逾88万英亩（约3600平方公里）土地，是得州规模最大的私人土地所有者之一，前身为得克萨斯太平洋土地信托。
ACT vs TPL — 直观对比
营收规模更大
ACT
是对方的1.5倍
$211.6M
营收增速更快
TPL
高出10.3%
3.6%
两年增速更快
TPL
近两年复合增速
3.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $312.7M | $211.6M |
| 净利润 | — | $123.3M |
| 毛利率 | — | — |
| 营业利润率 | 71.3% | 70.5% |
| 净利率 | — | 58.3% |
| 营收同比 | 3.6% | 13.9% |
| 净利润同比 | — | 4.2% |
| 每股收益（稀释后） | $1.23 | $-8.59 |
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ACTTPL
| Q4 25 | $312.7M | $211.6M | ||
| Q3 25 | $311.5M | $203.1M | ||
| Q2 25 | $304.9M | $187.5M | ||
| Q1 25 | $306.8M | $196.0M | ||
| Q4 24 | $301.8M | $185.8M | ||
| Q3 24 | $309.6M | $173.6M | ||
| Q2 24 | $298.8M | $172.3M | ||
| Q1 24 | $291.6M | $174.1M |
净利润ACTTPL
| Q4 25 | — | $123.3M | ||
| Q3 25 | — | $121.2M | ||
| Q2 25 | — | $116.1M | ||
| Q1 25 | — | $120.7M | ||
| Q4 24 | — | $118.4M | ||
| Q3 24 | — | $106.6M | ||
| Q2 24 | — | $114.6M | ||
| Q1 24 | — | $114.4M |
营业利润率ACTTPL
| Q4 25 | 71.3% | 70.5% | ||
| Q3 25 | 67.4% | 73.4% | ||
| Q2 25 | 70.4% | 76.6% | ||
| Q1 25 | 68.9% | 76.6% | ||
| Q4 24 | 68.9% | 76.7% | ||
| Q3 24 | 74.1% | 73.4% | ||
| Q2 24 | 78.6% | 77.3% | ||
| Q1 24 | 70.6% | 78.1% |
净利率ACTTPL
| Q4 25 | — | 58.3% | ||
| Q3 25 | — | 59.7% | ||
| Q2 25 | — | 61.9% | ||
| Q1 25 | — | 61.6% | ||
| Q4 24 | — | 63.7% | ||
| Q3 24 | — | 61.4% | ||
| Q2 24 | — | 66.5% | ||
| Q1 24 | — | 65.7% |
每股收益（稀释后）ACTTPL
| Q4 25 | $1.23 | $-8.59 | ||
| Q3 25 | $1.10 | $5.27 | ||
| Q2 25 | $1.11 | $5.05 | ||
| Q1 25 | $1.08 | $5.24 | ||
| Q4 24 | $1.05 | $5.14 | ||
| Q3 24 | $1.15 | $4.63 | ||
| Q2 24 | $1.16 | $4.98 | ||
| Q1 24 | $1.01 | $4.97 |
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 | $144.8M |
| 总债务越低越好 | $744.5M | — |
| 股东权益账面价值 | $5.4B | $1.5B |
| 总资产 | $6.9B | $1.6B |
| 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ACTTPL
| Q4 25 | $582.5M | $144.8M | ||
| Q3 25 | $545.6M | $531.8M | ||
| Q2 25 | $616.0M | $543.9M | ||
| Q1 25 | $639.0M | $460.4M | ||
| Q4 24 | $602.8M | $369.8M | ||
| Q3 24 | $674.9M | $533.9M | ||
| Q2 24 | $711.3M | $894.7M | ||
| Q1 24 | $624.3M | $837.1M |
总债务ACTTPL
| 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ACTTPL
| Q4 25 | $5.4B | $1.5B | ||
| Q3 25 | $5.3B | $1.4B | ||
| Q2 25 | $5.2B | $1.3B | ||
| Q1 25 | $5.1B | $1.2B | ||
| Q4 24 | $5.0B | $1.1B | ||
| Q3 24 | $5.0B | $1.1B | ||
| Q2 24 | $4.8B | $1.2B | ||
| Q1 24 | $4.7B | $1.1B |
总资产ACTTPL
| Q4 25 | $6.9B | $1.6B | ||
| Q3 25 | $6.9B | $1.5B | ||
| Q2 25 | $6.8B | $1.4B | ||
| Q1 25 | $6.7B | $1.4B | ||
| Q4 24 | $6.5B | $1.2B | ||
| Q3 24 | $6.6B | $1.2B | ||
| Q2 24 | $6.3B | $1.3B | ||
| Q1 24 | $6.3B | $1.3B |
负债/权益比ACTTPL
| 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 | $113.7M |
| 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 | — | 0.92× |
| 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ACTTPL
| Q4 25 | $724.5M | $113.7M | ||
| Q3 25 | $192.0M | $154.6M | ||
| Q2 25 | $119.5M | $120.9M | ||
| Q1 25 | $226.7M | $156.7M | ||
| Q4 24 | $686.3M | $126.6M | ||
| Q3 24 | $188.1M | $118.6M | ||
| Q2 24 | $144.7M | $98.3M | ||
| Q1 24 | $187.3M | $147.2M |
现金转化率ACTTPL
| Q4 25 | — | 0.92× | ||
| Q3 25 | — | 1.28× | ||
| Q2 25 | — | 1.04× | ||
| Q1 25 | — | 1.30× | ||
| Q4 24 | — | 1.07× | ||
| Q3 24 | — | 1.11× | ||
| Q2 24 | — | 0.86× | ||
| Q1 24 | — | 1.29× |
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
TPL
| Water Serviceand Operations Segment | $98.2M | 46% |
| Water Sales And Royalties | $60.7M | 29% |
| Produced Water Royalties | $33.5M | 16% |
| Easementand Sundry | $20.6M | 10% |
