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Aflac（AFL）与Everest Group（EG）财务数据对比。点击上方公司名可切换其他公司
Aflac的季度营收约是Everest Group的1.1倍（$4.9B vs $4.4B），Aflac净利率更高（28.3% vs 10.1%，领先18.3%），Everest Group同比增速更快（-4.6% vs -10.0%），过去两年Everest Group的营收复合增速更高（3.4% vs -5.4%）
Aflac是美国知名保险企业，也是美国最大的补充保险提供商，成立于1955年，总部位于佐治亚州哥伦布市。公司在美国推出多类保险产品，其中薪资抵扣型保险服务知名度较高，参保人遭遇保障范围内的意外或疾病时可获现金赔付，目前已为全球超5000万用户提供财务保障。
Everest Group是全球领先的再保险及保险服务提供商，业务覆盖全球100余个国家和地区，面向商业机构与个人客户提供财产、意外伤害、特种保险及人寿保险等多元化产品，具备成熟的风险管理能力与深厚的行业积淀。
AFL vs EG — 直观对比
营收规模更大
AFL
是对方的1.1倍
$4.4B
营收增速更快
EG
高出5.4%
-10.0%
净利率更高
AFL
高出18.3%
10.1%
两年增速更快
EG
近两年复合增速
-5.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.9B | $4.4B |
| 净利润 | $1.4B | $446.0M |
| 毛利率 | — | — |
| 营业利润率 | 32.3% | 12.5% |
| 净利率 | 28.3% | 10.1% |
| 营收同比 | -10.0% | -4.6% |
| 净利润同比 | -27.5% | 175.2% |
| 每股收益（稀释后） | $2.58 | $10.71 |
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AFLEG
| Q4 25 | $4.9B | $4.4B | ||
| Q3 25 | $4.7B | $4.3B | ||
| Q2 25 | $4.2B | $4.5B | ||
| Q1 25 | $3.4B | $4.3B | ||
| Q4 24 | $5.4B | $4.6B | ||
| Q3 24 | $2.9B | $4.3B | ||
| Q2 24 | $5.1B | $4.2B | ||
| Q1 24 | $5.4B | $4.1B |
净利润AFLEG
| Q4 25 | $1.4B | $446.0M | ||
| Q3 25 | $1.6B | $255.0M | ||
| Q2 25 | $599.0M | $680.0M | ||
| Q1 25 | $29.0M | $210.0M | ||
| Q4 24 | $1.9B | $-593.0M | ||
| Q3 24 | $-93.0M | $509.0M | ||
| Q2 24 | $1.8B | $724.0M | ||
| Q1 24 | $1.9B | $733.0M |
营业利润率AFLEG
| Q4 25 | 32.3% | 12.5% | ||
| Q3 25 | 42.1% | 6.2% | ||
| Q2 25 | 19.8% | 18.1% | ||
| Q1 25 | 4.3% | 5.8% | ||
| Q4 24 | 39.5% | -16.1% | ||
| Q3 24 | 3.1% | 13.5% | ||
| Q2 24 | 39.3% | 19.7% | ||
| Q1 24 | 39.9% | 20.1% |
净利率AFLEG
| Q4 25 | 28.3% | 10.1% | ||
| Q3 25 | 34.6% | 5.9% | ||
| Q2 25 | 14.4% | 15.1% | ||
| Q1 25 | 0.9% | 4.9% | ||
| Q4 24 | 35.2% | -12.8% | ||
| Q3 24 | -3.2% | 11.9% | ||
| Q2 24 | 34.2% | 17.1% | ||
| Q1 24 | 34.6% | 17.7% |
每股收益（稀释后）AFLEG
| Q4 25 | $2.58 | $10.71 | ||
| Q3 25 | $3.08 | $6.09 | ||
| Q2 25 | $1.11 | $16.10 | ||
| Q1 25 | $0.05 | $4.90 | ||
| Q4 24 | $3.45 | $-13.59 | ||
| Q3 24 | $-0.17 | $11.80 | ||
| Q2 24 | $3.10 | $16.70 | ||
| Q1 24 | $3.25 | $16.87 |
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 | $6.2B | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $29.5B | $15.5B |
| 总资产 | $116.5B | $62.5B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AFLEG
| Q4 25 | $6.2B | — | ||
| Q3 25 | $6.8B | — | ||
| Q2 25 | $7.0B | — | ||
| Q1 25 | $5.2B | — | ||
| Q4 24 | $6.2B | $662.0M | ||
| Q3 24 | $5.6B | — | ||
| Q2 24 | $6.1B | — | ||
| Q1 24 | $5.1B | — |
股东权益AFLEG
| Q4 25 | $29.5B | $15.5B | ||
| Q3 25 | $28.7B | $15.4B | ||
| Q2 25 | $27.2B | $15.0B | ||
| Q1 25 | $26.3B | $14.1B | ||
| Q4 24 | $26.1B | $13.9B | ||
| Q3 24 | $24.8B | $15.3B | ||
| Q2 24 | $26.0B | $14.2B | ||
| Q1 24 | $23.5B | $13.6B |
总资产AFLEG
| Q4 25 | $116.5B | $62.5B | ||
| Q3 25 | $122.3B | $62.2B | ||
| Q2 25 | $124.7B | $60.5B | ||
| Q1 25 | $120.3B | $58.1B | ||
| Q4 24 | $117.6B | $56.3B | ||
| Q3 24 | $128.4B | $55.9B | ||
| Q2 24 | $120.2B | $52.6B | ||
| Q1 24 | $124.7B | $50.9B |
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 | $315.0M | $-398.0M |
| 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 | 0.23× | -0.89× |
| 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AFLEG
| Q4 25 | $315.0M | $-398.0M | ||
| Q3 25 | $1.3B | $1.5B | ||
| Q2 25 | $399.0M | $1.1B | ||
| Q1 25 | $589.0M | $928.0M | ||
| Q4 24 | $333.0M | $780.0M | ||
| Q3 24 | $1.3B | $1.7B | ||
| Q2 24 | $255.0M | $1.3B | ||
| Q1 24 | $849.0M | $1.1B |
现金转化率AFLEG
| Q4 25 | 0.23× | -0.89× | ||
| Q3 25 | 0.76× | 5.72× | ||
| Q2 25 | 0.67× | 1.59× | ||
| Q1 25 | 20.31× | 4.42× | ||
| Q4 24 | 0.18× | — | ||
| Q3 24 | — | 3.41× | ||
| Q2 24 | 0.15× | 1.85× | ||
| Q1 24 | 0.45× | 1.50× |
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
AFL
| Aflac Japan | $2.3B | 47% |
| Aflac US | $1.7B | 35% |
| Other | $862.0M | 18% |
EG
| Insurance | $3.7B | 84% |
| Other | $705.0M | 16% |
