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Aflac（AFL）与RADIAN GROUP INC（RDN）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RADIAN GROUP INC的18.9倍（$4.9B vs $257.8M）。RADIAN GROUP INC净利率更高（60.1% vs 28.3%，领先31.7%）。Aflac同比增速更快（-10.0% vs -18.4%）。过去两年Aflac的营收复合增速更高（-5.4% vs -10.2%）
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。
瑞迪安集团（Radian Group Inc.）是一家专业的 mortgage 保险公司，业务涵盖抵押贷款保险、风险管控、房地产服务及产权服务等多个板块，为住房金融市场提供完善的配套服务支持，助力行业降低信贷相关风险。
AFL vs RDN — 直观对比
营收规模更大
AFL
是对方的18.9倍
$257.8M
营收增速更快
AFL
高出8.4%
-18.4%
净利率更高
RDN
高出31.7%
28.3%
两年增速更快
AFL
近两年复合增速
-10.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $4.9B | $257.8M |
| 净利润 | $1.4B | $154.8M |
| 毛利率 | — | — |
| 营业利润率 | 32.3% | 88.9% |
| 净利率 | 28.3% | 60.1% |
| 营收同比 | -10.0% | -18.4% |
| 净利润同比 | -27.5% | 4.4% |
| 每股收益（稀释后） | $2.58 | $1.11 |
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AFLRDN
| Q4 25 | $4.9B | $257.8M | ||
| Q3 25 | $4.7B | $303.2M | ||
| Q2 25 | $4.2B | $318.0M | ||
| Q1 25 | $3.4B | $318.1M | ||
| Q4 24 | $5.4B | $315.9M | ||
| Q3 24 | $2.9B | $333.9M | ||
| Q2 24 | $5.1B | $321.1M | ||
| Q1 24 | $5.4B | $319.4M |
净利润AFLRDN
| Q4 25 | $1.4B | $154.8M | ||
| Q3 25 | $1.6B | $141.4M | ||
| Q2 25 | $599.0M | $141.8M | ||
| Q1 25 | $29.0M | $144.6M | ||
| Q4 24 | $1.9B | $148.3M | ||
| Q3 24 | $-93.0M | $151.9M | ||
| Q2 24 | $1.8B | $151.9M | ||
| Q1 24 | $1.9B | $152.4M |
毛利率AFLRDN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 97.4% | ||
| Q1 25 | — | 97.2% | ||
| Q4 24 | — | 96.9% | ||
| Q3 24 | — | 97.1% | ||
| Q2 24 | — | 97.0% | ||
| Q1 24 | — | 97.1% |
营业利润率AFLRDN
| Q4 25 | 32.3% | 88.9% | ||
| Q3 25 | 42.1% | 65.5% | ||
| Q2 25 | 19.8% | 55.0% | ||
| Q1 25 | 4.3% | 59.2% | ||
| Q4 24 | 39.5% | 59.9% | ||
| Q3 24 | 3.1% | 58.5% | ||
| Q2 24 | 39.3% | 58.6% | ||
| Q1 24 | 39.9% | 62.2% |
净利率AFLRDN
| Q4 25 | 28.3% | 60.1% | ||
| Q3 25 | 34.6% | 46.7% | ||
| Q2 25 | 14.4% | 44.6% | ||
| Q1 25 | 0.9% | 45.4% | ||
| Q4 24 | 35.2% | 46.9% | ||
| Q3 24 | -3.2% | 45.5% | ||
| Q2 24 | 34.2% | 47.3% | ||
| Q1 24 | 34.6% | 47.7% |
每股收益（稀释后）AFLRDN
| Q4 25 | $2.58 | $1.11 | ||
| Q3 25 | $3.08 | $1.03 | ||
| Q2 25 | $1.11 | $1.02 | ||
| Q1 25 | $0.05 | $0.98 | ||
| Q4 24 | $3.45 | $0.97 | ||
| Q3 24 | $-0.17 | $0.99 | ||
| Q2 24 | $3.10 | $0.98 | ||
| Q1 24 | $3.25 | $0.98 |
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 | $24.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $29.5B | $4.8B |
| 总资产 | $116.5B | $8.1B |
| 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AFLRDN
| Q4 25 | $6.2B | $24.8M | ||
| Q3 25 | $6.8B | $15.3M | ||
| Q2 25 | $7.0B | $22.1M | ||
| Q1 25 | $5.2B | $24.2M | ||
| Q4 24 | $6.2B | $38.8M | ||
| Q3 24 | $5.6B | $28.1M | ||
| Q2 24 | $6.1B | $13.8M | ||
| Q1 24 | $5.1B | $27.0M |
股东权益AFLRDN
| Q4 25 | $29.5B | $4.8B | ||
| Q3 25 | $28.7B | $4.7B | ||
| Q2 25 | $27.2B | $4.5B | ||
| Q1 25 | $26.3B | $4.6B | ||
| Q4 24 | $26.1B | $4.6B | ||
| Q3 24 | $24.8B | $4.7B | ||
| Q2 24 | $26.0B | $4.5B | ||
| Q1 24 | $23.5B | $4.4B |
总资产AFLRDN
| Q4 25 | $116.5B | $8.1B | ||
| Q3 25 | $122.3B | $8.2B | ||
| Q2 25 | $124.7B | $9.6B | ||
| Q1 25 | $120.3B | $8.8B | ||
| Q4 24 | $117.6B | $8.7B | ||
| Q3 24 | $128.4B | $8.4B | ||
| Q2 24 | $120.2B | $8.1B | ||
| Q1 24 | $124.7B | $7.8B |
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 | $407.0M |
| 自由现金流经营现金流 - 资本支出 | — | $406.1M |
| 自由现金流率自由现金流/营收 | — | 157.5% |
| 资本支出强度资本支出/营收 | — | 0.3% |
| 现金转化率经营现金流/净利润 | 0.23× | 2.63× |
| 过去12个月自由现金流最近4个季度 | — | $115.7M |
8季度趋势，按日历期对齐
经营现金流AFLRDN
| Q4 25 | $315.0M | $407.0M | ||
| Q3 25 | $1.3B | $358.4M | ||
| Q2 25 | $399.0M | $-713.3M | ||
| Q1 25 | $589.0M | $67.8M | ||
| Q4 24 | $333.0M | $-269.4M | ||
| Q3 24 | $1.3B | $-237.9M | ||
| Q2 24 | $255.0M | $-207.3M | ||
| Q1 24 | $849.0M | $51.0M |
自由现金流AFLRDN
| Q4 25 | — | $406.1M | ||
| Q3 25 | — | $357.6M | ||
| Q2 25 | — | $-714.6M | ||
| Q1 25 | — | $66.6M | ||
| Q4 24 | — | $-269.8M | ||
| Q3 24 | — | $-238.1M | ||
| Q2 24 | — | $-208.3M | ||
| Q1 24 | — | $49.5M |
自由现金流率AFLRDN
| Q4 25 | — | 157.5% | ||
| Q3 25 | — | 117.9% | ||
| Q2 25 | — | -224.7% | ||
| Q1 25 | — | 20.9% | ||
| Q4 24 | — | -85.4% | ||
| Q3 24 | — | -71.3% | ||
| Q2 24 | — | -64.9% | ||
| Q1 24 | — | 15.5% |
资本支出强度AFLRDN
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 0.5% |
现金转化率AFLRDN
| Q4 25 | 0.23× | 2.63× | ||
| Q3 25 | 0.76× | 2.53× | ||
| Q2 25 | 0.67× | -5.03× | ||
| Q1 25 | 20.31× | 0.47× | ||
| Q4 24 | 0.18× | -1.82× | ||
| Q3 24 | — | -1.57× | ||
| Q2 24 | 0.15× | -1.36× | ||
| Q1 24 | 0.45× | 0.34× |
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% |
RDN
暂无分部数据
