vs
Aflac（AFL）与OLD REPUBLIC INTERNATIONAL CORP（ORI）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OLD REPUBLIC INTERNATIONAL CORP的2.0倍（$4.9B vs $2.4B）。Aflac净利率更高（28.3% vs 13.8%，领先14.6%）。OLD REPUBLIC INTERNATIONAL CORP同比增速更快（6.7% vs -10.0%）。过去两年OLD REPUBLIC INTERNATIONAL CORP的营收复合增速更高（13.2% 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。
Old Republic International Corp是一家总部位于美国伊利诺伊州芝加哥的保险企业，核心业务覆盖财产保险、产权保险两大领域，深耕行业多年，具备成熟的风险防控能力与完善的服务体系，可为各类客户提供专业可靠的保险产品及相关解决方案。
AFL vs ORI — 直观对比
营收规模更大
AFL
是对方的2.0倍
$2.4B
营收增速更快
ORI
高出16.7%
-10.0%
净利率更高
AFL
高出14.6%
13.8%
两年增速更快
ORI
近两年复合增速
-5.4%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $4.9B | $2.4B |
| 净利润 | $1.4B | $330.0M |
| 毛利率 | — | — |
| 营业利润率 | 32.3% | — |
| 净利率 | 28.3% | 13.8% |
| 营收同比 | -10.0% | 6.7% |
| 净利润同比 | -27.5% | 34.7% |
| 每股收益（稀释后） | $2.58 | — |
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AFLORI
| Q1 26 | — | $2.4B | ||
| Q4 25 | $4.9B | $2.4B | ||
| Q3 25 | $4.7B | $2.4B | ||
| Q2 25 | $4.2B | $2.2B | ||
| Q1 25 | $3.4B | $2.1B | ||
| Q4 24 | $5.4B | $2.0B | ||
| Q3 24 | $2.9B | $2.3B | ||
| Q2 24 | $5.1B | $1.9B |
净利润AFLORI
| Q1 26 | — | $330.0M | ||
| Q4 25 | $1.4B | $206.5M | ||
| Q3 25 | $1.6B | $279.5M | ||
| Q2 25 | $599.0M | $204.4M | ||
| Q1 25 | $29.0M | $245.0M | ||
| Q4 24 | $1.9B | $105.3M | ||
| Q3 24 | $-93.0M | $338.9M | ||
| Q2 24 | $1.8B | $91.8M |
营业利润率AFLORI
| Q1 26 | — | — | ||
| Q4 25 | 32.3% | — | ||
| Q3 25 | 42.1% | 14.6% | ||
| Q2 25 | 19.8% | 11.8% | ||
| Q1 25 | 4.3% | 14.6% | ||
| Q4 24 | 39.5% | — | ||
| Q3 24 | 3.1% | 18.2% | ||
| Q2 24 | 39.3% | 6.1% |
净利率AFLORI
| Q1 26 | — | 13.8% | ||
| Q4 25 | 28.3% | 8.6% | ||
| Q3 25 | 34.6% | 11.5% | ||
| Q2 25 | 14.4% | 9.3% | ||
| Q1 25 | 0.9% | 11.6% | ||
| Q4 24 | 35.2% | 5.3% | ||
| Q3 24 | -3.2% | 14.5% | ||
| Q2 24 | 34.2% | 4.9% |
每股收益（稀释后）AFLORI
| Q1 26 | — | — | ||
| Q4 25 | $2.58 | $0.82 | ||
| Q3 25 | $3.08 | $1.11 | ||
| Q2 25 | $1.11 | $0.81 | ||
| Q1 25 | $0.05 | $0.98 | ||
| Q4 24 | $3.45 | $0.42 | ||
| Q3 24 | $-0.17 | $1.32 | ||
| Q2 24 | $3.10 | $0.35 |
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 | $5.9M |
| 总资产 | $116.5B | $29.6M |
| 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AFLORI
| Q1 26 | — | — | ||
| Q4 25 | $6.2B | — | ||
| Q3 25 | $6.8B | — | ||
| Q2 25 | $7.0B | — | ||
| Q1 25 | $5.2B | — | ||
| Q4 24 | $6.2B | — | ||
| Q3 24 | $5.6B | — | ||
| Q2 24 | $6.1B | — |
股东权益AFLORI
| Q1 26 | — | $5.9M | ||
| Q4 25 | $29.5B | $5.9B | ||
| Q3 25 | $28.7B | $6.4B | ||
| Q2 25 | $27.2B | $6.2B | ||
| Q1 25 | $26.3B | $5.9B | ||
| Q4 24 | $26.1B | $5.6B | ||
| Q3 24 | $24.8B | $6.4B | ||
| Q2 24 | $26.0B | $6.0B |
总资产AFLORI
| Q1 26 | — | $29.6M | ||
| Q4 25 | $116.5B | $29.9B | ||
| Q3 25 | $122.3B | $30.3B | ||
| Q2 25 | $124.7B | $29.3B | ||
| Q1 25 | $120.3B | $28.0B | ||
| Q4 24 | $117.6B | $27.8B | ||
| Q3 24 | $128.4B | $28.8B | ||
| Q2 24 | $120.2B | $27.5B |
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 | — |
| 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× | — |
| 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AFLORI
| Q1 26 | — | — | ||
| Q4 25 | $315.0M | $234.9M | ||
| Q3 25 | $1.3B | $563.9M | ||
| Q2 25 | $399.0M | $133.8M | ||
| Q1 25 | $589.0M | $231.7M | ||
| Q4 24 | $333.0M | $361.7M | ||
| Q3 24 | $1.3B | $474.8M | ||
| Q2 24 | $255.0M | $236.5M |
现金转化率AFLORI
| Q1 26 | — | — | ||
| Q4 25 | 0.23× | 1.14× | ||
| Q3 25 | 0.76× | 2.02× | ||
| Q2 25 | 0.67× | 0.65× | ||
| Q1 25 | 20.31× | 0.95× | ||
| Q4 24 | 0.18× | 3.43× | ||
| Q3 24 | — | 1.40× | ||
| Q2 24 | 0.15× | 2.58× |
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% |
ORI
暂无分部数据
