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Aflac（AFL）与MGIC INVESTMENT CORP（MTG）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MGIC INVESTMENT CORP的16.3倍（$4.9B vs $298.7M）。MGIC INVESTMENT CORP净利率更高（56.7% vs 28.3%，领先28.4%）。MGIC INVESTMENT CORP同比增速更快（-0.9% vs -10.0%）。过去两年MGIC INVESTMENT CORP的营收复合增速更高（0.7% 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。
MGIC投资集团（纽交所代码：MTG）是美国专业的私人抵押贷款保险服务商，总部位于威斯康星州密尔沃基市，主要为美国本土住房抵押贷款业务提供保险解决方案，帮助贷款机构管控信用风险，助力普通消费者顺利获得购房贷款支持。
AFL vs MTG — 直观对比
营收规模更大
AFL
是对方的16.3倍
$298.7M
营收增速更快
MTG
高出9.0%
-10.0%
净利率更高
MTG
高出28.4%
28.3%
两年增速更快
MTG
近两年复合增速
-5.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $4.9B | $298.7M |
| 净利润 | $1.4B | $169.3M |
| 毛利率 | — | — |
| 营业利润率 | 32.3% | 71.2% |
| 净利率 | 28.3% | 56.7% |
| 营收同比 | -10.0% | -0.9% |
| 净利润同比 | -27.5% | -8.3% |
| 每股收益（稀释后） | $2.58 | $0.75 |
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AFLMTG
| Q4 25 | $4.9B | $298.7M | ||
| Q3 25 | $4.7B | $304.5M | ||
| Q2 25 | $4.2B | $304.2M | ||
| Q1 25 | $3.4B | $306.2M | ||
| Q4 24 | $5.4B | $301.4M | ||
| Q3 24 | $2.9B | $306.6M | ||
| Q2 24 | $5.1B | $305.3M | ||
| Q1 24 | $5.4B | $294.4M |
净利润AFLMTG
| Q4 25 | $1.4B | $169.3M | ||
| Q3 25 | $1.6B | $191.1M | ||
| Q2 25 | $599.0M | $192.5M | ||
| Q1 25 | $29.0M | $185.5M | ||
| Q4 24 | $1.9B | $184.7M | ||
| Q3 24 | $-93.0M | $200.0M | ||
| Q2 24 | $1.8B | $204.2M | ||
| Q1 24 | $1.9B | $174.1M |
营业利润率AFLMTG
| Q4 25 | 32.3% | 71.2% | ||
| Q3 25 | 42.1% | 77.2% | ||
| Q2 25 | 19.8% | 80.9% | ||
| Q1 25 | 4.3% | 76.6% | ||
| Q4 24 | 39.5% | 77.9% | ||
| Q3 24 | 3.1% | 82.9% | ||
| Q2 24 | 39.3% | 85.1% | ||
| Q1 24 | 39.9% | 74.7% |
净利率AFLMTG
| Q4 25 | 28.3% | 56.7% | ||
| Q3 25 | 34.6% | 62.8% | ||
| Q2 25 | 14.4% | 63.3% | ||
| Q1 25 | 0.9% | 60.6% | ||
| Q4 24 | 35.2% | 61.3% | ||
| Q3 24 | -3.2% | 65.2% | ||
| Q2 24 | 34.2% | 66.9% | ||
| Q1 24 | 34.6% | 59.1% |
每股收益（稀释后）AFLMTG
| Q4 25 | $2.58 | $0.75 | ||
| Q3 25 | $3.08 | $0.83 | ||
| Q2 25 | $1.11 | $0.81 | ||
| Q1 25 | $0.05 | $0.75 | ||
| Q4 24 | $3.45 | $0.71 | ||
| Q3 24 | $-0.17 | $0.77 | ||
| Q2 24 | $3.10 | $0.77 | ||
| Q1 24 | $3.25 | $0.64 |
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 | $369.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $29.5B | $5.1B |
| 总资产 | $116.5B | $6.6B |
| 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AFLMTG
| Q4 25 | $6.2B | $369.0M | ||
| Q3 25 | $6.8B | $266.9M | ||
| Q2 25 | $7.0B | $294.9M | ||
| Q1 25 | $5.2B | $207.0M | ||
| Q4 24 | $6.2B | $229.5M | ||
| Q3 24 | $5.6B | $288.6M | ||
| Q2 24 | $6.1B | $281.8M | ||
| Q1 24 | $5.1B | $431.3M |
股东权益AFLMTG
| Q4 25 | $29.5B | $5.1B | ||
| Q3 25 | $28.7B | $5.2B | ||
| Q2 25 | $27.2B | $5.2B | ||
| Q1 25 | $26.3B | $5.1B | ||
| Q4 24 | $26.1B | $5.2B | ||
| Q3 24 | $24.8B | $5.3B | ||
| Q2 24 | $26.0B | $5.1B | ||
| Q1 24 | $23.5B | $5.1B |
总资产AFLMTG
| Q4 25 | $116.5B | $6.6B | ||
| Q3 25 | $122.3B | $6.6B | ||
| Q2 25 | $124.7B | $6.5B | ||
| Q1 25 | $120.3B | $6.5B | ||
| Q4 24 | $117.6B | $6.5B | ||
| Q3 24 | $128.4B | $6.7B | ||
| Q2 24 | $120.2B | $6.5B | ||
| Q1 24 | $124.7B | $6.5B |
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 | $230.8M |
| 自由现金流经营现金流 - 资本支出 | — | $230.2M |
| 自由现金流率自由现金流/营收 | — | 77.1% |
| 资本支出强度资本支出/营收 | — | 0.2% |
| 现金转化率经营现金流/净利润 | 0.23× | 1.36× |
| 过去12个月自由现金流最近4个季度 | — | $851.8M |
8季度趋势，按日历期对齐
经营现金流AFLMTG
| Q4 25 | $315.0M | $230.8M | ||
| Q3 25 | $1.3B | $215.4M | ||
| Q2 25 | $399.0M | $183.0M | ||
| Q1 25 | $589.0M | $223.7M | ||
| Q4 24 | $333.0M | $182.4M | ||
| Q3 24 | $1.3B | $182.9M | ||
| Q2 24 | $255.0M | $169.2M | ||
| Q1 24 | $849.0M | $190.5M |
自由现金流AFLMTG
| Q4 25 | — | $230.2M | ||
| Q3 25 | — | $215.1M | ||
| Q2 25 | — | $183.0M | ||
| Q1 25 | — | $223.5M | ||
| Q4 24 | — | $181.9M | ||
| Q3 24 | — | $182.5M | ||
| Q2 24 | — | $169.0M | ||
| Q1 24 | — | — |
自由现金流率AFLMTG
| Q4 25 | — | 77.1% | ||
| Q3 25 | — | 70.6% | ||
| Q2 25 | — | 60.1% | ||
| Q1 25 | — | 73.0% | ||
| Q4 24 | — | 60.3% | ||
| Q3 24 | — | 59.5% | ||
| Q2 24 | — | 55.3% | ||
| Q1 24 | — | — |
资本支出强度AFLMTG
| Q4 25 | — | 0.2% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 0.0% |
现金转化率AFLMTG
| Q4 25 | 0.23× | 1.36× | ||
| Q3 25 | 0.76× | 1.13× | ||
| Q2 25 | 0.67× | 0.95× | ||
| Q1 25 | 20.31× | 1.21× | ||
| Q4 24 | 0.18× | 0.99× | ||
| Q3 24 | — | 0.91× | ||
| Q2 24 | 0.15× | 0.83× | ||
| Q1 24 | 0.45× | 1.09× |
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% |
MTG
暂无分部数据
