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赛博思资本（AFCG）与怡安集团（AON）财务数据对比。点击上方公司名可切换其他公司
怡安集团的季度营收约是赛博思资本的829.1倍（$4.3B vs $5.2M）。怡安集团净利率更高（39.4% vs 17.6%，领先21.7%）。怡安集团同比增速更快（3.7% vs -32.1%）。过去两年怡安集团的营收复合增速更高（2.8% vs -36.2%）
赛布斯资本管理是一家美国另类投资机构，业务遍及全球，投资领域涵盖信贷、私募股权与房地产，总部设立于纽约。该机构由史蒂夫·范伯格与威廉·里克特于1992年联合创立，目前在美国、欧洲及亚洲均设有分支与咨询办事处。
怡安集团（Aon plc）是一家英美背景的专业服务企业，下设两大业务板块：风险资本板块提供风险管理、保险及再保险领域的经纪与咨询服务；人力资本板块提供健康保险、退休及养老金计划、人才咨询等相关服务。
AFCG vs AON — 直观对比
营收规模更大
AON
是对方的829.1倍
$5.2M
营收增速更快
AON
高出35.8%
-32.1%
净利率更高
AON
高出21.7%
17.6%
两年增速更快
AON
近两年复合增速
-36.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $5.2M | $4.3B |
| 净利润 | $914.0K | $1.7B |
| 毛利率 | — | — |
| 营业利润率 | 23.2% | 28.1% |
| 净利率 | 17.6% | 39.4% |
| 营收同比 | -32.1% | 3.7% |
| 净利润同比 | 192.2% | 136.5% |
| 每股收益（稀释后） | $0.04 | $7.82 |
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AFCGAON
| Q4 25 | $5.2M | $4.3B | ||
| Q3 25 | $6.5M | $4.0B | ||
| Q2 25 | $6.2M | $4.2B | ||
| Q1 25 | $6.6M | $4.7B | ||
| Q4 24 | $7.6M | $4.1B | ||
| Q3 24 | $8.9M | $3.7B | ||
| Q2 24 | $16.4M | $3.8B | ||
| Q1 24 | $12.7M | $4.1B |
净利润AFCGAON
| Q4 25 | $914.0K | $1.7B | ||
| Q3 25 | $-12.5M | $458.0M | ||
| Q2 25 | $-13.2M | $579.0M | ||
| Q1 25 | $4.1M | $965.0M | ||
| Q4 24 | $-991.5K | $716.0M | ||
| Q3 24 | $1.4M | $343.0M | ||
| Q2 24 | $16.4M | $524.0M | ||
| Q1 24 | $-54.1K | $1.1B |
营业利润率AFCGAON
| Q4 25 | 23.2% | 28.1% | ||
| Q3 25 | -204.6% | 20.4% | ||
| Q2 25 | -214.4% | 20.7% | ||
| Q1 25 | 62.9% | 30.9% | ||
| Q4 24 | -18.0% | 26.3% | ||
| Q3 24 | 18.1% | 16.7% | ||
| Q2 24 | 94.4% | 17.4% | ||
| Q1 24 | -11.1% | 36.0% |
净利率AFCGAON
| Q4 25 | 17.6% | 39.4% | ||
| Q3 25 | -191.3% | 11.5% | ||
| Q2 25 | -212.2% | 13.9% | ||
| Q1 25 | 61.2% | 20.4% | ||
| Q4 24 | -13.0% | 17.3% | ||
| Q3 24 | 15.6% | 9.2% | ||
| Q2 24 | 100.3% | 13.9% | ||
| Q1 24 | -0.4% | 26.3% |
每股收益（稀释后）AFCGAON
| Q4 25 | $0.04 | $7.82 | ||
| Q3 25 | $-0.57 | $2.11 | ||
| Q2 25 | $-0.60 | $2.66 | ||
| Q1 25 | $0.18 | $4.43 | ||
| Q4 24 | $-0.07 | $3.11 | ||
| Q3 24 | $0.06 | $1.57 | ||
| Q2 24 | $0.80 | $2.46 | ||
| Q1 24 | $-0.01 | $5.35 |
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 | $38.6M | $2.8B |
| 总债务越低越好 | — | $15.2B |
| 股东权益账面价值 | $175.6M | $9.4B |
| 总资产 | $275.6M | $50.8B |
| 负债/权益比越低杠杆越低 | — | 1.63× |
8季度趋势，按日历期对齐
现金及短期投资AFCGAON
| Q4 25 | $38.6M | $2.8B | ||
| Q3 25 | $45.1M | $1.3B | ||
| Q2 25 | $3.4M | $1.4B | ||
| Q1 25 | $3.3M | $1.3B | ||
| Q4 24 | $103.6M | $1.3B | ||
| Q3 24 | $122.2M | $1.3B | ||
| Q2 24 | $170.3M | $1.2B | ||
| Q1 24 | $82.3M | $6.4B |
总债务AFCGAON
| Q4 25 | — | $15.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $17.0B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AFCGAON
| Q4 25 | $175.6M | $9.4B | ||
| Q3 25 | $169.3M | $7.9B | ||
| Q2 25 | $184.7M | $7.8B | ||
| Q1 25 | $200.8M | $7.0B | ||
| Q4 24 | $201.4M | $6.1B | ||
| Q3 24 | $206.1M | $6.2B | ||
| Q2 24 | $314.3M | $5.9B | ||
| Q1 24 | $310.6M | $-133.0M |
总资产AFCGAON
| Q4 25 | $275.6M | $50.8B | ||
| Q3 25 | $288.7M | $51.6B | ||
| Q2 25 | $290.6M | $54.0B | ||
| Q1 25 | $321.7M | $50.3B | ||
| Q4 24 | $402.1M | $49.0B | ||
| Q3 24 | $366.6M | $49.9B | ||
| Q2 24 | $458.0M | $51.5B | ||
| Q1 24 | $476.4M | $40.8B |
负债/权益比AFCGAON
| Q4 25 | — | 1.63× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 2.78× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-560.9K | $1.4B |
| 自由现金流经营现金流 - 资本支出 | — | $1.3B |
| 自由现金流率自由现金流/营收 | — | 30.8% |
| 资本支出强度资本支出/营收 | — | 1.7% |
| 现金转化率经营现金流/净利润 | -0.61× | 0.83× |
| 过去12个月自由现金流最近4个季度 | — | $3.2B |
8季度趋势，按日历期对齐
经营现金流AFCGAON
| Q4 25 | $-560.9K | $1.4B | ||
| Q3 25 | $6.1M | $1.1B | ||
| Q2 25 | $1.8M | $796.0M | ||
| Q1 25 | $3.9M | $140.0M | ||
| Q4 24 | $2.2M | $1.2B | ||
| Q3 24 | $2.6M | $1.0B | ||
| Q2 24 | $10.3M | $513.0M | ||
| Q1 24 | $6.4M | $309.0M |
自由现金流AFCGAON
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $732.0M | ||
| Q1 25 | — | $84.0M | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $951.0M | ||
| Q2 24 | — | $460.0M | ||
| Q1 24 | — | $261.0M |
自由现金流率AFCGAON
| Q4 25 | — | 30.8% | ||
| Q3 25 | — | 27.0% | ||
| Q2 25 | — | 17.6% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | 27.6% | ||
| Q3 24 | — | 25.6% | ||
| Q2 24 | — | 12.2% | ||
| Q1 24 | — | 6.4% |
资本支出强度AFCGAON
| Q4 25 | — | 1.7% | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 1.2% | ||
| Q4 24 | — | 1.3% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 1.4% | ||
| Q1 24 | — | 1.2% |
现金转化率AFCGAON
| Q4 25 | -0.61× | 0.83× | ||
| Q3 25 | — | 2.51× | ||
| Q2 25 | — | 1.37× | ||
| Q1 25 | 0.96× | 0.15× | ||
| Q4 24 | — | 1.68× | ||
| Q3 24 | 1.91× | 2.95× | ||
| Q2 24 | 0.63× | 0.98× | ||
| Q1 24 | — | 0.29× |
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
AFCG
暂无分部数据
AON
| Commercial Risk Solutions | $2.3B | 54% |
| Health Solutions | $1.1B | 26% |
| Wealth Solutions | $490.0M | 11% |
| Reinsurance Solutions | $379.0M | 9% |
