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Aflac（AFL）与IREN Ltd（IREN）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IREN Ltd的26.3倍（$4.9B vs $184.7M），Aflac净利率更高（28.3% vs -84.1%，领先112.5%），IREN Ltd同比增速更快（59.0% vs -10.0%）
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。
IREN Ltd是一家垂直整合的数据中心企业，依托可再生能源为比特币、人工智能等前沿领域发展提供算力支撑，旗下设施策略性布局于美国及加拿大境内可再生能源丰富、光纤网络完善的区域。
AFL vs IREN — 直观对比
营收规模更大
AFL
是对方的26.3倍
$184.7M
营收增速更快
IREN
高出69.0%
-10.0%
净利率更高
AFL
高出112.5%
-84.1%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.9B | $184.7M |
| 净利润 | $1.4B | $-155.4M |
| 毛利率 | — | 64.4% |
| 营业利润率 | 32.3% | -63.0% |
| 净利率 | 28.3% | -84.1% |
| 营收同比 | -10.0% | 59.0% |
| 净利润同比 | -27.5% | -610.0% |
| 每股收益（稀释后） | $2.58 | $-0.52 |
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AFLIREN
| Q4 25 | $4.9B | $184.7M | ||
| Q3 25 | $4.7B | $240.3M | ||
| Q2 25 | $4.2B | — | ||
| Q1 25 | $3.4B | — | ||
| Q4 24 | $5.4B | $116.1M | ||
| Q3 24 | $2.9B | $52.8M | ||
| Q2 24 | $5.1B | — | ||
| Q1 24 | $5.4B | $54.3M |
净利润AFLIREN
| Q4 25 | $1.4B | $-155.4M | ||
| Q3 25 | $1.6B | $384.6M | ||
| Q2 25 | $599.0M | — | ||
| Q1 25 | $29.0M | — | ||
| Q4 24 | $1.9B | $-21.9M | ||
| Q3 24 | $-93.0M | $-51.7M | ||
| Q2 24 | $1.8B | — | ||
| Q1 24 | $1.9B | $8.6M |
毛利率AFLIREN
| Q4 25 | — | 64.4% | ||
| Q3 25 | — | 66.4% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 72.2% | ||
| Q3 24 | — | 39.6% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率AFLIREN
| Q4 25 | 32.3% | -63.0% | ||
| Q3 25 | 42.1% | -31.8% | ||
| Q2 25 | 19.8% | — | ||
| Q1 25 | 4.3% | — | ||
| Q4 24 | 39.5% | 14.9% | ||
| Q3 24 | 3.1% | -89.2% | ||
| Q2 24 | 39.3% | — | ||
| Q1 24 | 39.9% | 11.1% |
净利率AFLIREN
| Q4 25 | 28.3% | -84.1% | ||
| Q3 25 | 34.6% | 160.1% | ||
| Q2 25 | 14.4% | — | ||
| Q1 25 | 0.9% | — | ||
| Q4 24 | 35.2% | -18.8% | ||
| Q3 24 | -3.2% | -98.0% | ||
| Q2 24 | 34.2% | — | ||
| Q1 24 | 34.6% | 15.9% |
每股收益（稀释后）AFLIREN
| Q4 25 | $2.58 | $-0.52 | ||
| Q3 25 | $3.08 | $1.08 | ||
| Q2 25 | $1.11 | — | ||
| Q1 25 | $0.05 | — | ||
| Q4 24 | $3.45 | $-0.10 | ||
| Q3 24 | $-0.17 | $-0.27 | ||
| Q2 24 | $3.10 | — | ||
| Q1 24 | $3.25 | $0.00 |
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 | $3.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $29.5B | $2.5B |
| 总资产 | $116.5B | $7.0B |
| 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AFLIREN
| Q4 25 | $6.2B | $3.3B | ||
| Q3 25 | $6.8B | $1.0B | ||
| Q2 25 | $7.0B | — | ||
| Q1 25 | $5.2B | — | ||
| Q4 24 | $6.2B | $427.3M | ||
| Q3 24 | $5.6B | $98.6M | ||
| Q2 24 | $6.1B | — | ||
| Q1 24 | $5.1B | $259.7M |
股东权益AFLIREN
| Q4 25 | $29.5B | $2.5B | ||
| Q3 25 | $28.7B | $2.9B | ||
| Q2 25 | $27.2B | — | ||
| Q1 25 | $26.3B | — | ||
| Q4 24 | $26.1B | $1.2B | ||
| Q3 24 | $24.8B | $1.1B | ||
| Q2 24 | $26.0B | — | ||
| Q1 24 | $23.5B | $677.2M |
总资产AFLIREN
| Q4 25 | $116.5B | $7.0B | ||
| Q3 25 | $122.3B | $4.3B | ||
| Q2 25 | $124.7B | — | ||
| Q1 25 | $120.3B | — | ||
| Q4 24 | $117.6B | $1.9B | ||
| Q3 24 | $128.4B | $1.3B | ||
| Q2 24 | $120.2B | — | ||
| Q1 24 | $124.7B | $723.6M |
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 | $71.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-468.0M |
| 自由现金流率自由现金流/营收 | — | -253.4% |
| 资本支出强度资本支出/营收 | — | 292.2% |
| 现金转化率经营现金流/净利润 | 0.23× | — |
| 过去12个月自由现金流最近4个季度 | — | $-701.2M |
8季度趋势，按日历期对齐
经营现金流AFLIREN
| Q4 25 | $315.0M | $71.7M | ||
| Q3 25 | $1.3B | $142.4M | ||
| Q2 25 | $399.0M | — | ||
| Q1 25 | $589.0M | — | ||
| Q4 24 | $333.0M | $53.6M | ||
| Q3 24 | $1.3B | $-3.9M | ||
| Q2 24 | $255.0M | — | ||
| Q1 24 | $849.0M | $-27.1M |
自由现金流AFLIREN
| Q4 25 | — | $-468.0M | ||
| Q3 25 | — | $-38.0M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $-85.5M | ||
| Q3 24 | — | $-109.7M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $-108.3M |
自由现金流率AFLIREN
| Q4 25 | — | -253.4% | ||
| Q3 25 | — | -15.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -73.6% | ||
| Q3 24 | — | -208.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -199.4% |
资本支出强度AFLIREN
| Q4 25 | — | 292.2% | ||
| Q3 25 | — | 75.0% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 119.7% | ||
| Q3 24 | — | 200.6% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 149.5% |
现金转化率AFLIREN
| Q4 25 | 0.23× | — | ||
| Q3 25 | 0.76× | 0.37× | ||
| Q2 25 | 0.67× | — | ||
| Q1 25 | 20.31× | — | ||
| Q4 24 | 0.18× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.15× | — | ||
| Q1 24 | 0.45× | -3.13× |
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% |
IREN
| Bitcoin Mining Revenue | $167.4M | 91% |
| AI Cloud Services | $17.3M | 9% |
