vs
欧特克（ADSK）与WHITE MOUNTAINS INSURANCE GROUP LTD（WTM）财务数据对比。点击上方公司名可切换其他公司
欧特克的季度营收约是WHITE MOUNTAINS INSURANCE GROUP LTD的1.2倍（$2.0B vs $1.6B），WHITE MOUNTAINS INSURANCE GROUP LTD净利率更高（52.1% vs 16.1%，领先36.0%），WHITE MOUNTAINS INSURANCE GROUP LTD同比增速更快（348.0% vs 19.4%），过去两年WHITE MOUNTAINS INSURANCE GROUP LTD的营收复合增速更高（57.4% vs 17.5%）
欧特克是美国跨国软件企业，总部位于加利福尼亚州旧金山，在全球各地设有办事处，美国境内亦于俄勒冈、科罗拉多、得克萨斯、密歇根等多州布局办公网点，为建筑、工程、施工、制造、传媒、教育、娱乐等多领域客户提供专业软件产品及配套服务。
怀特山保险集团是一家多元化保险及相关金融服务控股企业，总部位于百慕大汉密尔顿，1999年10月25日从美国特拉华州迁册至当前注册地，大部分业务通过旗下保险子公司及其他关联机构开展，覆盖多个保险及金融服务细分赛道。
ADSK vs WTM — 直观对比
营收规模更大
ADSK
是对方的1.2倍
$1.6B
营收增速更快
WTM
高出328.6%
19.4%
净利率更高
WTM
高出36.0%
16.1%
两年增速更快
WTM
近两年复合增速
17.5%
损益表 — Q4 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.6B |
| 净利润 | $316.0M | $835.8M |
| 毛利率 | 91.5% | 97.1% |
| 营业利润率 | 22.0% | 56.2% |
| 净利率 | 16.1% | 52.1% |
| 营收同比 | 19.4% | 348.0% |
| 净利润同比 | 4.3% | 741.0% |
| 每股收益（稀释后） | $1.47 | $325.02 |
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ADSKWTM
| Q1 26 | $2.0B | — | ||
| Q4 25 | $1.9B | $1.6B | ||
| Q3 25 | $1.8B | $864.2M | ||
| Q2 25 | $1.6B | $689.2M | ||
| Q1 25 | $1.6B | $577.8M | ||
| Q4 24 | $1.6B | $358.0M | ||
| Q3 24 | $1.5B | $839.1M | ||
| Q2 24 | $1.4B | $395.4M |
净利润ADSKWTM
| Q1 26 | $316.0M | — | ||
| Q4 25 | $343.0M | $835.8M | ||
| Q3 25 | $313.0M | $113.8M | ||
| Q2 25 | $152.0M | $122.9M | ||
| Q1 25 | $303.0M | $33.9M | ||
| Q4 24 | $275.0M | $-130.4M | ||
| Q3 24 | $282.0M | $179.0M | ||
| Q2 24 | $252.0M | $-54.6M |
毛利率ADSKWTM
| Q1 26 | 91.5% | — | ||
| Q4 25 | 91.1% | 97.1% | ||
| Q3 25 | 91.0% | 93.6% | ||
| Q2 25 | 90.2% | 93.8% | ||
| Q1 25 | 90.6% | 98.7% | ||
| Q4 24 | 90.6% | 97.9% | ||
| Q3 24 | 90.7% | 99.1% | ||
| Q2 24 | 90.3% | 98.2% |
营业利润率ADSKWTM
| Q1 26 | 22.0% | — | ||
| Q4 25 | 25.4% | 56.2% | ||
| Q3 25 | 25.2% | 20.7% | ||
| Q2 25 | 14.3% | 25.6% | ||
| Q1 25 | 22.3% | 12.5% | ||
| Q4 24 | 22.0% | -33.7% | ||
| Q3 24 | 22.8% | 28.5% | ||
| Q2 24 | 21.1% | -8.8% |
净利率ADSKWTM
| Q1 26 | 16.1% | — | ||
| Q4 25 | 18.5% | 52.1% | ||
| Q3 25 | 17.8% | 13.2% | ||
| Q2 25 | 9.3% | 17.8% | ||
| Q1 25 | 18.5% | 5.9% | ||
| Q4 24 | 17.5% | -36.4% | ||
| Q3 24 | 18.7% | 21.3% | ||
| Q2 24 | 17.8% | -13.8% |
每股收益（稀释后）ADSKWTM
| Q1 26 | $1.47 | — | ||
| Q4 25 | $1.60 | $325.02 | ||
| Q3 25 | $1.46 | $44.18 | ||
| Q2 25 | $0.70 | $47.75 | ||
| Q1 25 | $1.39 | $13.19 | ||
| Q4 24 | $1.27 | $-50.98 | ||
| Q3 24 | $1.30 | $69.68 | ||
| Q2 24 | $1.16 | $-21.24 |
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 | $2.6B | — |
| 总债务越低越好 | $2.5B | $837.0M |
| 股东权益账面价值 | $3.0B | $5.4B |
| 总资产 | $12.5B | $12.3B |
| 负债/权益比越低杠杆越低 | 0.82× | 0.15× |
8季度趋势，按日历期对齐
现金及短期投资ADSKWTM
| Q1 26 | $2.6B | — | ||
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $2.0B | — |
总债务ADSKWTM
| Q1 26 | $2.5B | — | ||
| Q4 25 | $2.5B | $837.0M | ||
| Q3 25 | $2.5B | $870.4M | ||
| Q2 25 | $2.3B | $694.6M | ||
| Q1 25 | $2.3B | $676.1M | ||
| Q4 24 | $2.3B | $562.5M | ||
| Q3 24 | $2.3B | $544.9M | ||
| Q2 24 | $2.3B | $530.2M |
股东权益ADSKWTM
| Q1 26 | $3.0B | — | ||
| Q4 25 | $2.9B | $5.4B | ||
| Q3 25 | $2.7B | $4.8B | ||
| Q2 25 | $2.6B | $4.6B | ||
| Q1 25 | $2.6B | $4.5B | ||
| Q4 24 | $2.6B | $4.5B | ||
| Q3 24 | $2.5B | $4.6B | ||
| Q2 24 | $2.2B | $4.4B |
总资产ADSKWTM
| Q1 26 | $12.5B | — | ||
| Q4 25 | $11.2B | $12.3B | ||
| Q3 25 | $10.9B | $12.3B | ||
| Q2 25 | $10.6B | $11.8B | ||
| Q1 25 | $10.8B | $11.0B | ||
| Q4 24 | $10.1B | $9.9B | ||
| Q3 24 | $10.0B | $10.3B | ||
| Q2 24 | $9.8B | $10.2B |
负债/权益比ADSKWTM
| Q1 26 | 0.82× | — | ||
| Q4 25 | 0.86× | 0.15× | ||
| Q3 25 | 0.92× | 0.18× | ||
| Q2 25 | 0.88× | 0.15× | ||
| Q1 25 | 0.88× | 0.15× | ||
| Q4 24 | 0.88× | 0.13× | ||
| Q3 24 | 0.93× | 0.12× | ||
| Q2 24 | 1.06× | 0.12× |
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 | $989.0M | $53.9M |
| 自由现金流经营现金流 - 资本支出 | $972.0M | — |
| 自由现金流率自由现金流/营收 | 49.7% | — |
| 资本支出强度资本支出/营收 | 0.9% | — |
| 现金转化率经营现金流/净利润 | 3.13× | 0.06× |
| 过去12个月自由现金流最近4个季度 | $2.4B | — |
8季度趋势，按日历期对齐
经营现金流ADSKWTM
| Q1 26 | $989.0M | — | ||
| Q4 25 | $439.0M | $53.9M | ||
| Q3 25 | $460.0M | $359.3M | ||
| Q2 25 | $564.0M | $177.5M | ||
| Q1 25 | $692.0M | $-40.2M | ||
| Q4 24 | $209.0M | $64.1M | ||
| Q3 24 | $212.0M | $269.4M | ||
| Q2 24 | $494.0M | $216.8M |
自由现金流ADSKWTM
| Q1 26 | $972.0M | — | ||
| Q4 25 | $430.0M | — | ||
| Q3 25 | $451.0M | — | ||
| Q2 25 | $556.0M | — | ||
| Q1 25 | $678.0M | — | ||
| Q4 24 | $199.0M | — | ||
| Q3 24 | $203.0M | — | ||
| Q2 24 | $487.0M | — |
自由现金流率ADSKWTM
| Q1 26 | 49.7% | — | ||
| Q4 25 | 23.2% | — | ||
| Q3 25 | 25.6% | — | ||
| Q2 25 | 34.0% | — | ||
| Q1 25 | 41.4% | — | ||
| Q4 24 | 12.7% | — | ||
| Q3 24 | 13.5% | — | ||
| Q2 24 | 34.4% | — |
资本支出强度ADSKWTM
| Q1 26 | 0.9% | — | ||
| Q4 25 | 0.5% | — | ||
| Q3 25 | 0.5% | — | ||
| Q2 25 | 0.5% | — | ||
| Q1 25 | 0.9% | — | ||
| Q4 24 | 0.6% | — | ||
| Q3 24 | 0.6% | — | ||
| Q2 24 | 0.5% | — |
现金转化率ADSKWTM
| Q1 26 | 3.13× | — | ||
| Q4 25 | 1.28× | 0.06× | ||
| Q3 25 | 1.47× | 3.16× | ||
| Q2 25 | 3.71× | 1.44× | ||
| Q1 25 | 2.28× | -1.19× | ||
| Q4 24 | 0.76× | — | ||
| Q3 24 | 0.75× | 1.51× | ||
| Q2 24 | 1.96× | — |
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
ADSK
| Sales Channel Through Intermediary | $602.0M | 31% |
| Auto CA Dand Auto CADLT Family | $478.0M | 24% |
| Manufacturing | $381.0M | 19% |
| Make | $218.0M | 11% |
| Other | $130.0M | 7% |
| Other Research And Development | $129.0M | 7% |
| Maintenance | $8.0M | 0% |
WTM
暂无分部数据
