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Aflac（AFL）与STEWART INFORMATION SERVICES CORP（STC）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STEWART INFORMATION SERVICES CORP的6.4倍（$4.9B vs $764.6M）。Aflac净利率更高（28.3% vs 2.2%，领先26.1%）。STEWART INFORMATION SERVICES CORP同比增速更快（27.7% vs -10.0%）。过去两年STEWART INFORMATION SERVICES CORP的营收复合增速更高（12.7% 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。
斯图尔特信息服务公司（STC）是一家主营房地产信息、产权保险及交易管理服务的企业，旗下全资子公司斯图尔特产权担保公司、斯图尔特产权公司通过直营网点、斯图尔特可信供应商网络内的独立代理机构及合作企业，为美国及全球市场提供相关产品与服务，总部位于得克萨斯州休斯敦，现有员工约6350人。
AFL vs STC — 直观对比
营收规模更大
AFL
是对方的6.4倍
$764.6M
营收增速更快
STC
高出37.6%
-10.0%
净利率更高
AFL
高出26.1%
2.2%
两年增速更快
STC
近两年复合增速
-5.4%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $4.9B | $764.6M |
| 净利润 | $1.4B | $17.0M |
| 毛利率 | — | — |
| 营业利润率 | 32.3% | — |
| 净利率 | 28.3% | 2.2% |
| 营收同比 | -10.0% | 27.7% |
| 净利润同比 | -27.5% | 448.4% |
| 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AFLSTC
| Q1 26 | — | $764.6M | ||
| Q4 25 | $4.9B | $790.6M | ||
| Q3 25 | $4.7B | $796.9M | ||
| Q2 25 | $4.2B | $722.2M | ||
| Q1 25 | $3.4B | $612.0M | ||
| Q4 24 | $5.4B | $665.9M | ||
| Q3 24 | $2.9B | $667.9M | ||
| Q2 24 | $5.1B | $602.2M |
净利润AFLSTC
| Q1 26 | — | $17.0M | ||
| Q4 25 | $1.4B | $36.3M | ||
| Q3 25 | $1.6B | $44.3M | ||
| Q2 25 | $599.0M | $31.9M | ||
| Q1 25 | $29.0M | $3.1M | ||
| Q4 24 | $1.9B | $22.7M | ||
| Q3 24 | $-93.0M | $30.1M | ||
| Q2 24 | $1.8B | $17.3M |
营业利润率AFLSTC
| Q1 26 | — | — | ||
| Q4 25 | 32.3% | 6.5% | ||
| Q3 25 | 42.1% | 7.7% | ||
| Q2 25 | 19.8% | 6.5% | ||
| Q1 25 | 4.3% | 1.0% | ||
| Q4 24 | 39.5% | 5.3% | ||
| Q3 24 | 3.1% | 6.4% | ||
| Q2 24 | 39.3% | 4.8% |
净利率AFLSTC
| Q1 26 | — | 2.2% | ||
| Q4 25 | 28.3% | 4.6% | ||
| Q3 25 | 34.6% | 5.6% | ||
| Q2 25 | 14.4% | 4.4% | ||
| Q1 25 | 0.9% | 0.5% | ||
| Q4 24 | 35.2% | 3.4% | ||
| Q3 24 | -3.2% | 4.5% | ||
| Q2 24 | 34.2% | 2.9% |
每股收益（稀释后）AFLSTC
| Q1 26 | — | — | ||
| Q4 25 | $2.58 | $1.26 | ||
| Q3 25 | $3.08 | $1.55 | ||
| Q2 25 | $1.11 | $1.13 | ||
| Q1 25 | $0.05 | $0.11 | ||
| Q4 24 | $3.45 | $0.81 | ||
| Q3 24 | $-0.17 | $1.07 | ||
| Q2 24 | $3.10 | $0.62 |
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 | $317.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $29.5B | — |
| 总资产 | $116.5B | — |
| 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AFLSTC
| Q1 26 | — | $317.5M | ||
| Q4 25 | $6.2B | $369.7M | ||
| Q3 25 | $6.8B | $233.2M | ||
| Q2 25 | $7.0B | $223.8M | ||
| Q1 25 | $5.2B | $194.2M | ||
| Q4 24 | $6.2B | $257.5M | ||
| Q3 24 | $5.6B | $228.7M | ||
| Q2 24 | $6.1B | $176.7M |
总债务AFLSTC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $445.8M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益AFLSTC
| Q1 26 | — | — | ||
| Q4 25 | $29.5B | $1.6B | ||
| Q3 25 | $28.7B | $1.5B | ||
| Q2 25 | $27.2B | $1.4B | ||
| Q1 25 | $26.3B | $1.4B | ||
| Q4 24 | $26.1B | $1.4B | ||
| Q3 24 | $24.8B | $1.4B | ||
| Q2 24 | $26.0B | $1.4B |
总资产AFLSTC
| Q1 26 | — | — | ||
| Q4 25 | $116.5B | $3.3B | ||
| Q3 25 | $122.3B | $2.8B | ||
| Q2 25 | $124.7B | $2.8B | ||
| Q1 25 | $120.3B | $2.7B | ||
| Q4 24 | $117.6B | $2.7B | ||
| Q3 24 | $128.4B | $2.7B | ||
| Q2 24 | $120.2B | $2.6B |
负债/权益比AFLSTC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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AFLSTC
| Q1 26 | — | — | ||
| Q4 25 | $315.0M | $89.5M | ||
| Q3 25 | $1.3B | $92.6M | ||
| Q2 25 | $399.0M | $53.4M | ||
| Q1 25 | $589.0M | $-29.9M | ||
| Q4 24 | $333.0M | $68.0M | ||
| Q3 24 | $1.3B | $76.1M | ||
| Q2 24 | $255.0M | $21.1M |
自由现金流AFLSTC
| Q1 26 | — | — | ||
| Q4 25 | — | $62.3M | ||
| Q3 25 | — | $73.6M | ||
| Q2 25 | — | $38.7M | ||
| Q1 25 | — | $-42.2M | ||
| Q4 24 | — | $55.6M | ||
| Q3 24 | — | $67.4M | ||
| Q2 24 | — | $11.9M |
自由现金流率AFLSTC
| Q1 26 | — | — | ||
| Q4 25 | — | 7.9% | ||
| Q3 25 | — | 9.2% | ||
| Q2 25 | — | 5.4% | ||
| Q1 25 | — | -6.9% | ||
| Q4 24 | — | 8.4% | ||
| Q3 24 | — | 10.1% | ||
| Q2 24 | — | 2.0% |
资本支出强度AFLSTC
| Q1 26 | — | — | ||
| Q4 25 | — | 3.4% | ||
| Q3 25 | — | 2.4% | ||
| Q2 25 | — | 2.0% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | — | 1.3% | ||
| Q2 24 | — | 1.5% |
现金转化率AFLSTC
| Q1 26 | — | — | ||
| Q4 25 | 0.23× | 2.47× | ||
| Q3 25 | 0.76× | 2.09× | ||
| Q2 25 | 0.67× | 1.67× | ||
| Q1 25 | 20.31× | -9.73× | ||
| Q4 24 | 0.18× | 2.99× | ||
| Q3 24 | — | 2.53× | ||
| Q2 24 | 0.15× | 1.22× |
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% |
STC
| Agency title | $333.0M | 44% |
| Direct title | $270.2M | 35% |
| Real estate solutions | $161.4M | 21% |
