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西联汇款（AFG）与First American Financial Corp（FAF）财务数据对比。点击上方公司名可切换其他公司
西联汇款的季度营收约是First American Financial Corp的1.0倍（$2.1B vs $2.0B），西联汇款净利率更高（14.5% vs 10.3%，领先4.2%），First American Financial Corp同比增速更快（21.6% vs -4.0%），过去两年First American Financial Corp的营收复合增速更高（19.9% vs 4.0%）
西联汇款是总部位于美国科罗拉多州丹佛市的跨国金融服务企业，为全球个人及商业客户提供跨境汇款、支付等多元金融解决方案，在全球绝大多数国家和地区拥有覆盖广泛的服务网络。
第一美国金融公司是美国知名金融服务企业，主要面向房地产及抵押贷款行业开展业务，核心服务涵盖产权保险、房产交易与抵押业务相关的交割结算服务，在全球地产金融服务领域具备成熟的服务能力与较高的行业认可度。
AFG vs FAF — 直观对比
营收规模更大
AFG
是对方的1.0倍
$2.0B
营收增速更快
FAF
高出25.6%
-4.0%
净利率更高
AFG
高出4.2%
10.3%
两年增速更快
FAF
近两年复合增速
4.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $2.0B |
| 净利润 | $299.0M | $211.9M |
| 毛利率 | — | — |
| 营业利润率 | 18.4% | 14.0% |
| 净利率 | 14.5% | 10.3% |
| 营收同比 | -4.0% | 21.6% |
| 净利润同比 | 17.3% | 192.7% |
| 每股收益（稀释后） | $3.59 | $2.04 |
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AFGFAF
| Q4 25 | $2.1B | $2.0B | ||
| Q3 25 | $2.3B | $2.0B | ||
| Q2 25 | $1.9B | $1.8B | ||
| Q1 25 | $1.9B | $1.6B | ||
| Q4 24 | $2.1B | $1.7B | ||
| Q3 24 | $2.4B | $1.4B | ||
| Q2 24 | $1.9B | $1.6B | ||
| Q1 24 | $1.9B | $1.4B |
净利润AFGFAF
| Q4 25 | $299.0M | $211.9M | ||
| Q3 25 | $215.0M | $189.6M | ||
| Q2 25 | $174.0M | $146.1M | ||
| Q1 25 | $154.0M | $74.2M | ||
| Q4 24 | $255.0M | $72.4M | ||
| Q3 24 | $181.0M | $-104.0M | ||
| Q2 24 | $209.0M | $116.0M | ||
| Q1 24 | $242.0M | $46.7M |
营业利润率AFGFAF
| Q4 25 | 18.4% | 14.0% | ||
| Q3 25 | 11.5% | 12.5% | ||
| Q2 25 | 11.9% | 10.6% | ||
| Q1 25 | 10.6% | 6.1% | ||
| Q4 24 | 14.9% | 5.9% | ||
| Q3 24 | 9.7% | -10.3% | ||
| Q2 24 | 14.3% | 9.4% | ||
| Q1 24 | 15.9% | 4.1% |
净利率AFGFAF
| Q4 25 | 14.5% | 10.3% | ||
| Q3 25 | 9.2% | 9.6% | ||
| Q2 25 | 9.0% | 7.9% | ||
| Q1 25 | 8.3% | 4.7% | ||
| Q4 24 | 11.9% | 4.3% | ||
| Q3 24 | 7.6% | -7.4% | ||
| Q2 24 | 11.0% | 7.2% | ||
| Q1 24 | 12.7% | 3.3% |
每股收益（稀释后）AFGFAF
| Q4 25 | $3.59 | $2.04 | ||
| Q3 25 | $2.58 | $1.84 | ||
| Q2 25 | $2.07 | $1.41 | ||
| Q1 25 | $1.84 | $0.71 | ||
| Q4 24 | $3.03 | $0.70 | ||
| Q3 24 | $2.16 | $-1.00 | ||
| Q2 24 | $2.49 | $1.11 | ||
| Q1 24 | $2.89 | $0.45 |
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 | $1.7B | $1.4B |
| 总债务越低越好 | $1.8B | — |
| 股东权益账面价值 | $4.8B | $5.5B |
| 总资产 | $32.6B | $16.2B |
| 负债/权益比越低杠杆越低 | 0.38× | — |
8季度趋势，按日历期对齐
现金及短期投资AFGFAF
| Q4 25 | $1.7B | $1.4B | ||
| Q3 25 | $1.8B | $2.9B | ||
| Q2 25 | $1.3B | $2.0B | ||
| Q1 25 | $1.3B | $2.0B | ||
| Q4 24 | $1.4B | $1.7B | ||
| Q3 24 | $1.3B | $3.0B | ||
| Q2 24 | $1.1B | $2.0B | ||
| Q1 24 | $1.1B | $1.5B |
总债务AFGFAF
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.5B | — |
股东权益AFGFAF
| Q4 25 | $4.8B | $5.5B | ||
| Q3 25 | $4.7B | $5.3B | ||
| Q2 25 | $4.5B | $5.1B | ||
| Q1 25 | $4.4B | $5.0B | ||
| Q4 24 | $4.5B | $4.9B | ||
| Q3 24 | $4.7B | $5.1B | ||
| Q2 24 | $4.4B | $4.8B | ||
| Q1 24 | $4.2B | $4.8B |
总资产AFGFAF
| Q4 25 | $32.6B | $16.2B | ||
| Q3 25 | $33.8B | $17.6B | ||
| Q2 25 | $30.7B | $16.3B | ||
| Q1 25 | $30.3B | $15.5B | ||
| Q4 24 | $30.8B | $14.9B | ||
| Q3 24 | $32.6B | $16.6B | ||
| Q2 24 | $29.9B | $15.2B | ||
| Q1 24 | $30.0B | $14.7B |
负债/权益比AFGFAF
| Q4 25 | 0.38× | — | ||
| Q3 25 | 0.38× | — | ||
| Q2 25 | 0.33× | — | ||
| Q1 25 | 0.34× | — | ||
| Q4 24 | 0.33× | — | ||
| Q3 24 | 0.31× | — | ||
| Q2 24 | 0.34× | — | ||
| Q1 24 | 0.35× | — |
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 | $784.0M | $369.3M |
| 自由现金流经营现金流 - 资本支出 | — | $324.5M |
| 自由现金流率自由现金流/营收 | — | 15.8% |
| 资本支出强度资本支出/营收 | — | 2.2% |
| 现金转化率经营现金流/净利润 | 2.62× | 1.74× |
| 过去12个月自由现金流最近4个季度 | — | $762.5M |
8季度趋势，按日历期对齐
经营现金流AFGFAF
| Q4 25 | $784.0M | $369.3M | ||
| Q3 25 | $216.0M | $272.5M | ||
| Q2 25 | $191.0M | $361.8M | ||
| Q1 25 | $342.0M | $-52.8M | ||
| Q4 24 | $674.0M | $324.6M | ||
| Q3 24 | $459.0M | $236.9M | ||
| Q2 24 | $-88.0M | $266.7M | ||
| Q1 24 | $107.0M | $69.3M |
自由现金流AFGFAF
| Q4 25 | — | $324.5M | ||
| Q3 25 | — | $223.1M | ||
| Q2 25 | — | $309.4M | ||
| Q1 25 | — | $-94.5M | ||
| Q4 24 | — | $266.2M | ||
| Q3 24 | — | $185.4M | ||
| Q2 24 | — | $210.0M | ||
| Q1 24 | — | $17.6M |
自由现金流率AFGFAF
| Q4 25 | — | 15.8% | ||
| Q3 25 | — | 11.3% | ||
| Q2 25 | — | 16.8% | ||
| Q1 25 | — | -6.0% | ||
| Q4 24 | — | 15.8% | ||
| Q3 24 | — | 13.2% | ||
| Q2 24 | — | 13.0% | ||
| Q1 24 | — | 1.2% |
资本支出强度AFGFAF
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 2.5% | ||
| Q2 25 | — | 2.8% | ||
| Q1 25 | — | 2.6% | ||
| Q4 24 | — | 3.5% | ||
| Q3 24 | — | 3.7% | ||
| Q2 24 | — | 3.5% | ||
| Q1 24 | — | 3.6% |
现金转化率AFGFAF
| Q4 25 | 2.62× | 1.74× | ||
| Q3 25 | 1.00× | 1.44× | ||
| Q2 25 | 1.10× | 2.48× | ||
| Q1 25 | 2.22× | -0.71× | ||
| Q4 24 | 2.64× | 4.48× | ||
| Q3 24 | 2.54× | — | ||
| Q2 24 | -0.42× | 2.30× | ||
| Q1 24 | 0.44× | 1.48× |
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
AFG
| Property And Casualty Insurance | $2.0B | 96% |
| Other | $83.0M | 4% |
FAF
| Title Insurance And Services | $1.9B | 94% |
| Home Warranty | $110.3M | 5% |
