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西联汇款（AFG）与罗布乐思（RBLX）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罗布乐思的1.5倍（$2.1B vs $1.4B），西联汇款净利率更高（14.5% vs -22.3%，领先36.8%），罗布乐思同比增速更快（43.2% vs -4.0%），过去两年罗布乐思的营收复合增速更高（32.9% 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。
罗布乐思（Roblox Corporation）是总部位于美国加利福尼亚州圣马特奥的游戏企业，由大卫·巴斯祖奇与埃里克·卡塞尔于2004年共同创立。公司核心产品为同名线上游戏创作平台Roblox，于2006年正式上线，截至2024年12月底全球员工规模已超2400人。
AFG vs RBLX — 直观对比
营收规模更大
AFG
是对方的1.5倍
$1.4B
营收增速更快
RBLX
高出47.2%
-4.0%
净利率更高
AFG
高出36.8%
-22.3%
两年增速更快
RBLX
近两年复合增速
4.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $1.4B |
| 净利润 | $299.0M | $-316.0M |
| 毛利率 | — | 77.7% |
| 营业利润率 | 18.4% | -25.3% |
| 净利率 | 14.5% | -22.3% |
| 营收同比 | -4.0% | 43.2% |
| 净利润同比 | 17.3% | -43.9% |
| 每股收益（稀释后） | $3.59 | $-0.44 |
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AFGRBLX
| Q4 25 | $2.1B | $1.4B | ||
| Q3 25 | $2.3B | $1.4B | ||
| Q2 25 | $1.9B | $1.1B | ||
| Q1 25 | $1.9B | $1.0B | ||
| Q4 24 | $2.1B | $988.2M | ||
| Q3 24 | $2.4B | $919.0M | ||
| Q2 24 | $1.9B | $893.5M | ||
| Q1 24 | $1.9B | $801.3M |
净利润AFGRBLX
| Q4 25 | $299.0M | $-316.0M | ||
| Q3 25 | $215.0M | $-255.6M | ||
| Q2 25 | $174.0M | $-278.4M | ||
| Q1 25 | $154.0M | $-215.1M | ||
| Q4 24 | $255.0M | $-219.6M | ||
| Q3 24 | $181.0M | $-239.3M | ||
| Q2 24 | $209.0M | $-205.9M | ||
| Q1 24 | $242.0M | $-270.6M |
毛利率AFGRBLX
| Q4 25 | — | 77.7% | ||
| Q3 25 | — | 78.2% | ||
| Q2 25 | — | 78.2% | ||
| Q1 25 | — | 78.3% | ||
| Q4 24 | — | 77.9% | ||
| Q3 24 | — | 77.7% | ||
| Q2 24 | — | 77.8% | ||
| Q1 24 | — | 77.7% |
营业利润率AFGRBLX
| Q4 25 | 18.4% | -25.3% | ||
| Q3 25 | 11.5% | -21.8% | ||
| Q2 25 | 11.9% | -29.8% | ||
| Q1 25 | 10.6% | -24.6% | ||
| Q4 24 | 14.9% | -24.7% | ||
| Q3 24 | 9.7% | -30.4% | ||
| Q2 24 | 14.3% | -26.6% | ||
| Q1 24 | 15.9% | -37.7% |
净利率AFGRBLX
| Q4 25 | 14.5% | -22.3% | ||
| Q3 25 | 9.2% | -18.8% | ||
| Q2 25 | 9.0% | -25.8% | ||
| Q1 25 | 8.3% | -20.8% | ||
| Q4 24 | 11.9% | -22.2% | ||
| Q3 24 | 7.6% | -26.0% | ||
| Q2 24 | 11.0% | -23.0% | ||
| Q1 24 | 12.7% | -33.8% |
每股收益（稀释后）AFGRBLX
| Q4 25 | $3.59 | $-0.44 | ||
| Q3 25 | $2.58 | $-0.37 | ||
| Q2 25 | $2.07 | $-0.41 | ||
| Q1 25 | $1.84 | $-0.32 | ||
| Q4 24 | $3.03 | $-0.32 | ||
| Q3 24 | $2.16 | $-0.37 | ||
| Q2 24 | $2.49 | $-0.32 | ||
| Q1 24 | $2.89 | $-0.43 |
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 | $3.1B |
| 总债务越低越好 | $1.8B | $1.2B |
| 股东权益账面价值 | $4.8B | $394.5M |
| 总资产 | $32.6B | $9.6B |
| 负债/权益比越低杠杆越低 | 0.38× | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资AFGRBLX
| Q4 25 | $1.7B | $3.1B | ||
| Q3 25 | $1.8B | $2.9B | ||
| Q2 25 | $1.3B | $2.6B | ||
| Q1 25 | $1.3B | $2.7B | ||
| Q4 24 | $1.4B | $2.4B | ||
| Q3 24 | $1.3B | $2.3B | ||
| Q2 24 | $1.1B | $2.4B | ||
| Q1 24 | $1.1B | $2.4B |
总债务AFGRBLX
| Q4 25 | $1.8B | $1.2B | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | $1.2B | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.5B | — |
股东权益AFGRBLX
| Q4 25 | $4.8B | $394.5M | ||
| Q3 25 | $4.7B | $407.6M | ||
| Q2 25 | $4.5B | $353.2M | ||
| Q1 25 | $4.4B | $310.7M | ||
| Q4 24 | $4.5B | $221.4M | ||
| Q3 24 | $4.7B | $189.9M | ||
| Q2 24 | $4.4B | $121.5M | ||
| Q1 24 | $4.2B | $71.6M |
总资产AFGRBLX
| Q4 25 | $32.6B | $9.6B | ||
| Q3 25 | $33.8B | $8.6B | ||
| Q2 25 | $30.7B | $7.8B | ||
| Q1 25 | $30.3B | $7.5B | ||
| Q4 24 | $30.8B | $7.2B | ||
| Q3 24 | $32.6B | $6.7B | ||
| Q2 24 | $29.9B | $6.5B | ||
| Q1 24 | $30.0B | $6.3B |
负债/权益比AFGRBLX
| Q4 25 | 0.38× | 2.98× | ||
| Q3 25 | 0.38× | — | ||
| Q2 25 | 0.33× | — | ||
| Q1 25 | 0.34× | — | ||
| Q4 24 | 0.33× | 5.48× | ||
| 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 | $607.0M |
| 自由现金流经营现金流 - 资本支出 | — | $308.6M |
| 自由现金流率自由现金流/营收 | — | 21.8% |
| 资本支出强度资本支出/营收 | — | 21.1% |
| 现金转化率经营现金流/净利润 | 2.62× | — |
| 过去12个月自由现金流最近4个季度 | — | $1.4B |
8季度趋势，按日历期对齐
经营现金流AFGRBLX
| Q4 25 | $784.0M | $607.0M | ||
| Q3 25 | $216.0M | $546.2M | ||
| Q2 25 | $191.0M | $199.3M | ||
| Q1 25 | $342.0M | $443.9M | ||
| Q4 24 | $674.0M | $184.5M | ||
| Q3 24 | $459.0M | $247.4M | ||
| Q2 24 | $-88.0M | $151.4M | ||
| Q1 24 | $107.0M | $238.9M |
自由现金流AFGRBLX
| Q4 25 | — | $308.6M | ||
| Q3 25 | — | $443.6M | ||
| Q2 25 | — | $176.7M | ||
| Q1 25 | — | $426.5M | ||
| Q4 24 | — | $120.6M | ||
| Q3 24 | — | $218.0M | ||
| Q2 24 | — | $111.7M | ||
| Q1 24 | — | $192.3M |
自由现金流率AFGRBLX
| Q4 25 | — | 21.8% | ||
| Q3 25 | — | 32.6% | ||
| Q2 25 | — | 16.3% | ||
| Q1 25 | — | 41.2% | ||
| Q4 24 | — | 12.2% | ||
| Q3 24 | — | 23.7% | ||
| Q2 24 | — | 12.5% | ||
| Q1 24 | — | 24.0% |
资本支出强度AFGRBLX
| Q4 25 | — | 21.1% | ||
| Q3 25 | — | 7.5% | ||
| Q2 25 | — | 2.1% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | — | 6.5% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | — | 4.4% | ||
| Q1 24 | — | 5.8% |
现金转化率AFGRBLX
| Q4 25 | 2.62× | — | ||
| Q3 25 | 1.00× | — | ||
| Q2 25 | 1.10× | — | ||
| Q1 25 | 2.22× | — | ||
| Q4 24 | 2.64× | — | ||
| Q3 24 | 2.54× | — | ||
| Q2 24 | -0.42× | — | ||
| Q1 24 | 0.44× | — |
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% |
RBLX
暂无分部数据
