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西联汇款（AFG）与WEC Energy Group（WEC）财务数据对比。点击上方公司名可切换其他公司
WEC Energy Group的季度营收约是西联汇款的1.2倍（$2.5B vs $2.1B），西联汇款净利率更高（14.5% vs 12.5%，领先2.0%），WEC Energy Group同比增速更快（11.1% vs -4.0%），过去两年西联汇款的营收复合增速更高（4.0% vs -2.7%）
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。
WEC能源集团是总部位于美国威斯康星州密尔沃基的知名能源企业，业务覆盖美国四个州，为总计440万用户提供可靠的电力及天然气供应服务，是北美地区颇具规模的区域性能源服务商。
AFG vs WEC — 直观对比
营收规模更大
WEC
是对方的1.2倍
$2.1B
营收增速更快
WEC
高出15.1%
-4.0%
净利率更高
AFG
高出2.0%
12.5%
两年增速更快
AFG
近两年复合增速
-2.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $2.5B |
| 净利润 | $299.0M | $316.8M |
| 毛利率 | — | 63.7% |
| 营业利润率 | 18.4% | 17.9% |
| 净利率 | 14.5% | 12.5% |
| 营收同比 | -4.0% | 11.1% |
| 净利润同比 | 17.3% | -30.1% |
| 每股收益（稀释后） | $3.59 | — |
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AFGWEC
| Q4 25 | $2.1B | $2.5B | ||
| Q3 25 | $2.3B | $2.1B | ||
| Q2 25 | $1.9B | $2.0B | ||
| Q1 25 | $1.9B | $3.1B | ||
| Q4 24 | $2.1B | $2.3B | ||
| Q3 24 | $2.4B | $1.9B | ||
| Q2 24 | $1.9B | $1.8B | ||
| Q1 24 | $1.9B | $2.7B |
净利润AFGWEC
| Q4 25 | $299.0M | $316.8M | ||
| Q3 25 | $215.0M | $270.2M | ||
| Q2 25 | $174.0M | $243.0M | ||
| Q1 25 | $154.0M | $725.5M | ||
| Q4 24 | $255.0M | $453.1M | ||
| Q3 24 | $181.0M | $238.6M | ||
| Q2 24 | $209.0M | $210.0M | ||
| Q1 24 | $242.0M | $622.6M |
毛利率AFGWEC
| Q4 25 | — | 63.7% | ||
| Q3 25 | — | 71.1% | ||
| Q2 25 | — | 71.6% | ||
| Q1 25 | — | 63.0% | ||
| Q4 24 | — | 67.7% | ||
| Q3 24 | — | 72.1% | ||
| Q2 24 | — | 73.5% | ||
| Q1 24 | — | 65.4% |
营业利润率AFGWEC
| Q4 25 | 18.4% | 17.9% | ||
| Q3 25 | 11.5% | 21.4% | ||
| Q2 25 | 11.9% | 20.1% | ||
| Q1 25 | 10.6% | 29.8% | ||
| Q4 24 | 14.9% | 25.9% | ||
| Q3 24 | 9.7% | 20.6% | ||
| Q2 24 | 14.3% | 20.6% | ||
| Q1 24 | 15.9% | 30.3% |
净利率AFGWEC
| Q4 25 | 14.5% | 12.5% | ||
| Q3 25 | 9.2% | 12.8% | ||
| Q2 25 | 9.0% | 12.1% | ||
| Q1 25 | 8.3% | 23.0% | ||
| Q4 24 | 11.9% | 19.8% | ||
| Q3 24 | 7.6% | 12.8% | ||
| Q2 24 | 11.0% | 11.9% | ||
| Q1 24 | 12.7% | 23.2% |
每股收益（稀释后）AFGWEC
| Q4 25 | $3.59 | — | ||
| Q3 25 | $2.58 | — | ||
| Q2 25 | $2.07 | — | ||
| Q1 25 | $1.84 | — | ||
| Q4 24 | $3.03 | — | ||
| Q3 24 | $2.16 | — | ||
| Q2 24 | $2.49 | — | ||
| Q1 24 | $2.89 | — |
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 | $27.6M |
| 总债务越低越好 | $1.8B | $20.0B |
| 股东权益账面价值 | $4.8B | $14.1B |
| 总资产 | $32.6B | $51.5B |
| 负债/权益比越低杠杆越低 | 0.38× | 1.42× |
8季度趋势，按日历期对齐
现金及短期投资AFGWEC
| Q4 25 | $1.7B | $27.6M | ||
| Q3 25 | $1.8B | $51.1M | ||
| Q2 25 | $1.3B | $23.0M | ||
| Q1 25 | $1.3B | $82.2M | ||
| Q4 24 | $1.4B | $9.8M | ||
| Q3 24 | $1.3B | $322.5M | ||
| Q2 24 | $1.1B | $224.0M | ||
| Q1 24 | $1.1B | $38.9M |
总债务AFGWEC
| Q4 25 | $1.8B | $20.0B | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | $18.9B | ||
| Q3 24 | $1.5B | $16.9B | ||
| Q2 24 | $1.5B | $16.9B | ||
| Q1 24 | $1.5B | $15.4B |
股东权益AFGWEC
| Q4 25 | $4.8B | $14.1B | ||
| Q3 25 | $4.7B | $14.0B | ||
| Q2 25 | $4.5B | $13.7B | ||
| Q1 25 | $4.4B | $13.4B | ||
| Q4 24 | $4.5B | $12.8B | ||
| Q3 24 | $4.7B | $12.4B | ||
| Q2 24 | $4.4B | $12.4B | ||
| Q1 24 | $4.2B | $12.4B |
总资产AFGWEC
| Q4 25 | $32.6B | $51.5B | ||
| Q3 25 | $33.8B | $49.8B | ||
| Q2 25 | $30.7B | $48.5B | ||
| Q1 25 | $30.3B | $48.2B | ||
| Q4 24 | $30.8B | $47.4B | ||
| Q3 24 | $32.6B | $45.2B | ||
| Q2 24 | $29.9B | $44.6B | ||
| Q1 24 | $30.0B | $43.9B |
负债/权益比AFGWEC
| Q4 25 | 0.38× | 1.42× | ||
| Q3 25 | 0.38× | — | ||
| Q2 25 | 0.33× | — | ||
| Q1 25 | 0.34× | — | ||
| Q4 24 | 0.33× | 1.48× | ||
| Q3 24 | 0.31× | 1.36× | ||
| Q2 24 | 0.34× | 1.36× | ||
| Q1 24 | 0.35× | 1.24× |
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 | $784.0M | $424.6M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 2.62× | 1.34× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流AFGWEC
| Q4 25 | $784.0M | $424.6M | ||
| Q3 25 | $216.0M | $938.9M | ||
| Q2 25 | $191.0M | $853.3M | ||
| Q1 25 | $342.0M | $1.2B | ||
| Q4 24 | $674.0M | $581.8M | ||
| Q3 24 | $459.0M | $729.0M | ||
| Q2 24 | $-88.0M | $1.0B | ||
| Q1 24 | $107.0M | $863.6M |
自由现金流AFGWEC
| Q4 25 | — | — | ||
| Q3 25 | — | $-625.7M | ||
| Q2 25 | — | $23.9M | ||
| Q1 25 | — | $461.5M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-67.3M | ||
| Q2 24 | — | $343.5M | ||
| Q1 24 | — | $419.1M |
自由现金流率AFGWEC
| Q4 25 | — | — | ||
| Q3 25 | — | -29.7% | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | 14.7% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -3.6% | ||
| Q2 24 | — | 19.4% | ||
| Q1 24 | — | 15.6% |
资本支出强度AFGWEC
| Q4 25 | — | — | ||
| Q3 25 | — | 74.4% | ||
| Q2 25 | — | 41.3% | ||
| Q1 25 | — | 22.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 42.7% | ||
| Q2 24 | — | 39.2% | ||
| Q1 24 | — | 16.6% |
现金转化率AFGWEC
| Q4 25 | 2.62× | 1.34× | ||
| Q3 25 | 1.00× | 3.47× | ||
| Q2 25 | 1.10× | 3.51× | ||
| Q1 25 | 2.22× | 1.60× | ||
| Q4 24 | 2.64× | 1.28× | ||
| Q3 24 | 2.54× | 3.06× | ||
| Q2 24 | -0.42× | 4.94× | ||
| Q1 24 | 0.44× | 1.39× |
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% |
WEC
| Wisconsin | $1.9B | 73% |
| Illinois | $441.2M | 17% |
| Other States | $165.1M | 7% |
| External Revenues | $74.0M | 3% |
| Otheroperatingrevenues | $8.0M | 0% |
