vs
Enact Holdings, Inc.（ACT）与ZIFF DAVIS, INC.（ZD）财务数据对比。点击上方公司名可切换其他公司
ZIFF DAVIS, INC.的季度营收约是Enact Holdings, Inc.的1.3倍（$406.7M vs $312.1M），Enact Holdings, Inc.净利率更高（53.8% vs 0.1%，领先53.7%），Enact Holdings, Inc.同比增速更快（1.7% vs -1.5%），过去两年ZIFF DAVIS, INC.的营收复合增速更高（13.7% vs 2.2%）
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。
齐夫戴维斯是美国知名数字媒体及互联网企业，由威廉·伯纳德·齐夫一世与伯纳德·乔治·戴维斯于1927年创立。公司核心业务涵盖科技、健康类媒体网站，线上购物相关服务，互联网接入服务，游戏娱乐品牌，以及网络安全和营销技术工具，早年曾以爱好者类杂志出版为主要业务。
ACT vs ZD — 直观对比
营收规模更大
ZD
是对方的1.3倍
$312.1M
营收增速更快
ACT
高出3.2%
-1.5%
净利率更高
ACT
高出53.7%
0.1%
两年增速更快
ZD
近两年复合增速
2.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $312.1M | $406.7M |
| 净利润 | $168.0M | $370.0K |
| 毛利率 | — | 85.9% |
| 营业利润率 | — | 21.2% |
| 净利率 | 53.8% | 0.1% |
| 营收同比 | 1.7% | -1.5% |
| 净利润同比 | 1.2% | -99.4% |
| 每股收益（稀释后） | $1.18 | $0.06 |
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ACTZD
| Q1 26 | $312.1M | — | ||
| Q4 25 | $312.7M | $406.7M | ||
| Q3 25 | $311.5M | $363.7M | ||
| Q2 25 | $304.9M | $352.2M | ||
| Q1 25 | $306.8M | $328.6M | ||
| Q4 24 | $301.8M | $412.8M | ||
| Q3 24 | $309.6M | $353.6M | ||
| Q2 24 | $298.8M | $320.8M |
净利润ACTZD
| Q1 26 | $168.0M | — | ||
| Q4 25 | — | $370.0K | ||
| Q3 25 | — | $-3.6M | ||
| Q2 25 | — | $26.3M | ||
| Q1 25 | — | $24.2M | ||
| Q4 24 | — | $64.1M | ||
| Q3 24 | — | $-48.6M | ||
| Q2 24 | — | $36.9M |
毛利率ACTZD
| Q1 26 | — | — | ||
| Q4 25 | — | 85.9% | ||
| Q3 25 | — | 85.4% | ||
| Q2 25 | — | 86.1% | ||
| Q1 25 | — | 85.6% | ||
| Q4 24 | — | 87.1% | ||
| Q3 24 | — | 85.5% | ||
| Q2 24 | — | 84.4% |
营业利润率ACTZD
| Q1 26 | — | — | ||
| Q4 25 | 71.3% | 21.2% | ||
| Q3 25 | 67.4% | 7.8% | ||
| Q2 25 | 70.4% | 9.5% | ||
| Q1 25 | 68.9% | 10.7% | ||
| Q4 24 | 68.9% | 19.0% | ||
| Q3 24 | 74.1% | -8.3% | ||
| Q2 24 | 78.6% | 8.9% |
净利率ACTZD
| Q1 26 | 53.8% | — | ||
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | -1.0% | ||
| Q2 25 | — | 7.5% | ||
| Q1 25 | — | 7.4% | ||
| Q4 24 | — | 15.5% | ||
| Q3 24 | — | -13.7% | ||
| Q2 24 | — | 11.5% |
每股收益（稀释后）ACTZD
| Q1 26 | $1.18 | — | ||
| Q4 25 | $1.23 | $0.06 | ||
| Q3 25 | $1.10 | $-0.09 | ||
| Q2 25 | $1.11 | $0.62 | ||
| Q1 25 | $1.08 | $0.56 | ||
| Q4 24 | $1.05 | $1.53 | ||
| Q3 24 | $1.15 | $-1.11 | ||
| Q2 24 | $1.16 | $0.77 |
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 | $549.0M | $607.0M |
| 总债务越低越好 | $744.9M | $866.5M |
| 股东权益账面价值 | $5.3B | $1.8B |
| 总资产 | $7.0B | $3.7B |
| 负债/权益比越低杠杆越低 | 0.14× | 0.49× |
8季度趋势，按日历期对齐
现金及短期投资ACTZD
| Q1 26 | $549.0M | — | ||
| Q4 25 | $582.5M | $607.0M | ||
| Q3 25 | $545.6M | $503.4M | ||
| Q2 25 | $616.0M | $457.3M | ||
| Q1 25 | $639.0M | $431.0M | ||
| Q4 24 | $602.8M | $505.9M | ||
| Q3 24 | $674.9M | $386.1M | ||
| Q2 24 | $711.3M | $687.2M |
总债务ACTZD
| Q1 26 | $744.9M | — | ||
| Q4 25 | $744.5M | $866.5M | ||
| Q3 25 | $744.1M | — | ||
| Q2 25 | $743.8M | — | ||
| Q1 25 | $743.4M | — | ||
| Q4 24 | $743.0M | $864.3M | ||
| Q3 24 | $742.7M | — | ||
| Q2 24 | $742.4M | — |
股东权益ACTZD
| Q1 26 | $5.3B | — | ||
| Q4 25 | $5.4B | $1.8B | ||
| Q3 25 | $5.3B | $1.8B | ||
| Q2 25 | $5.2B | $1.8B | ||
| Q1 25 | $5.1B | $1.8B | ||
| Q4 24 | $5.0B | $1.8B | ||
| Q3 24 | $5.0B | $1.8B | ||
| Q2 24 | $4.8B | $1.9B |
总资产ACTZD
| Q1 26 | $7.0B | — | ||
| Q4 25 | $6.9B | $3.7B | ||
| Q3 25 | $6.9B | $3.5B | ||
| Q2 25 | $6.8B | $3.5B | ||
| Q1 25 | $6.7B | $3.5B | ||
| Q4 24 | $6.5B | $3.7B | ||
| Q3 24 | $6.6B | $3.4B | ||
| Q2 24 | $6.3B | $3.7B |
负债/权益比ACTZD
| Q1 26 | 0.14× | — | ||
| Q4 25 | 0.14× | 0.49× | ||
| Q3 25 | 0.14× | — | ||
| Q2 25 | 0.14× | — | ||
| Q1 25 | 0.15× | — | ||
| Q4 24 | 0.15× | 0.48× | ||
| 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 | — | $191.1M |
| 自由现金流经营现金流 - 资本支出 | — | $157.8M |
| 自由现金流率自由现金流/营收 | — | 38.8% |
| 资本支出强度资本支出/营收 | — | 8.2% |
| 现金转化率经营现金流/净利润 | — | 516.44× |
| 过去12个月自由现金流最近4个季度 | — | $287.9M |
8季度趋势，按日历期对齐
经营现金流ACTZD
| Q1 26 | — | — | ||
| Q4 25 | $724.5M | $191.1M | ||
| Q3 25 | $192.0M | $138.3M | ||
| Q2 25 | $119.5M | $57.1M | ||
| Q1 25 | $226.7M | $20.6M | ||
| Q4 24 | $686.3M | $158.2M | ||
| Q3 24 | $188.1M | $106.0M | ||
| Q2 24 | $144.7M | $50.6M |
自由现金流ACTZD
| Q1 26 | — | — | ||
| Q4 25 | — | $157.8M | ||
| Q3 25 | — | $108.2M | ||
| Q2 25 | — | $26.9M | ||
| Q1 25 | — | $-5.0M | ||
| Q4 24 | — | $131.1M | ||
| Q3 24 | — | $80.1M | ||
| Q2 24 | — | $25.1M |
自由现金流率ACTZD
| Q1 26 | — | — | ||
| Q4 25 | — | 38.8% | ||
| Q3 25 | — | 29.7% | ||
| Q2 25 | — | 7.6% | ||
| Q1 25 | — | -1.5% | ||
| Q4 24 | — | 31.8% | ||
| Q3 24 | — | 22.7% | ||
| Q2 24 | — | 7.8% |
资本支出强度ACTZD
| Q1 26 | — | — | ||
| Q4 25 | — | 8.2% | ||
| Q3 25 | — | 8.3% | ||
| Q2 25 | — | 8.6% | ||
| Q1 25 | — | 7.8% | ||
| Q4 24 | — | 6.6% | ||
| Q3 24 | — | 7.3% | ||
| Q2 24 | — | 8.0% |
现金转化率ACTZD
| Q1 26 | — | — | ||
| Q4 25 | — | 516.44× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 2.17× | ||
| Q1 25 | — | 0.85× | ||
| Q4 24 | — | 2.47× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.37× |
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
| Premiums | $242.8M | 78% |
| Other | $69.2M | 22% |
ZD
| Health And Wellness | $114.8M | 28% |
| Technology And Shopping | $108.9M | 27% |
| Cybersecurity And Martech Segment | $70.9M | 17% |
| Connectivity | $60.3M | 15% |
| Gaming And Entertainment | $51.7M | 13% |
| Subscription And Licensing | $2.9M | 1% |
