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Aflac（AFL）与TRUPANION, INC.（TRUP）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TRUPANION, INC.的12.9倍（$4.9B vs $376.9M）。TRUPANION, INC.同比增速更快（11.7% vs -10.0%）。过去两年TRUPANION, INC.的营收复合增速更高（11.0% 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。
Trupanion是总部位于美国华盛顿州西雅图的宠物保险服务商，创立于1999年，业务覆盖美国、加拿大、澳大利亚与波多黎各地区。该公司为宠物提供保险保障服务，所有保单由旗下美国宠物保险公司（APIC）独家承保。
AFL vs TRUP — 直观对比
营收规模更大
AFL
是对方的12.9倍
$376.9M
营收增速更快
TRUP
高出21.7%
-10.0%
两年增速更快
TRUP
近两年复合增速
-5.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $4.9B | $376.9M |
| 净利润 | $1.4B | — |
| 毛利率 | — | 17.3% |
| 营业利润率 | 32.3% | 1.9% |
| 净利率 | 28.3% | — |
| 营收同比 | -10.0% | 11.7% |
| 净利润同比 | -27.5% | — |
| 每股收益（稀释后） | $2.58 | $0.13 |
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AFLTRUP
| Q4 25 | $4.9B | $376.9M | ||
| Q3 25 | $4.7B | $366.9M | ||
| Q2 25 | $4.2B | $353.6M | ||
| Q1 25 | $3.4B | $342.0M | ||
| Q4 24 | $5.4B | $337.3M | ||
| Q3 24 | $2.9B | $327.5M | ||
| Q2 24 | $5.1B | $314.8M | ||
| Q1 24 | $5.4B | $306.1M |
净利润AFLTRUP
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $599.0M | — | ||
| Q1 25 | $29.0M | — | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | $-93.0M | — | ||
| Q2 24 | $1.8B | — | ||
| Q1 24 | $1.9B | — |
毛利率AFLTRUP
| Q4 25 | — | 17.3% | ||
| Q3 25 | — | 16.4% | ||
| Q2 25 | — | 15.5% | ||
| Q1 25 | — | 14.9% | ||
| Q4 24 | — | 15.7% | ||
| Q3 24 | — | 15.1% | ||
| Q2 24 | — | 12.8% | ||
| Q1 24 | — | 11.8% |
营业利润率AFLTRUP
| Q4 25 | 32.3% | 1.9% | ||
| Q3 25 | 42.1% | 1.6% | ||
| Q2 25 | 19.8% | 0.7% | ||
| Q1 25 | 4.3% | -0.4% | ||
| Q4 24 | 39.5% | 0.1% | ||
| Q3 24 | 3.1% | 0.5% | ||
| Q2 24 | 39.3% | -1.7% | ||
| Q1 24 | 39.9% | -2.0% |
净利率AFLTRUP
| Q4 25 | 28.3% | — | ||
| Q3 25 | 34.6% | — | ||
| Q2 25 | 14.4% | — | ||
| Q1 25 | 0.9% | — | ||
| Q4 24 | 35.2% | — | ||
| Q3 24 | -3.2% | — | ||
| Q2 24 | 34.2% | — | ||
| Q1 24 | 34.6% | — |
每股收益（稀释后）AFLTRUP
| Q4 25 | $2.58 | $0.13 | ||
| Q3 25 | $3.08 | $0.13 | ||
| Q2 25 | $1.11 | $0.22 | ||
| Q1 25 | $0.05 | $-0.03 | ||
| Q4 24 | $3.45 | $0.04 | ||
| Q3 24 | $-0.17 | $0.03 | ||
| Q2 24 | $3.10 | $-0.14 | ||
| Q1 24 | $3.25 | $-0.16 |
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 | $370.7M |
| 总债务越低越好 | — | $101.8M |
| 股东权益账面价值 | $29.5B | $383.9M |
| 总资产 | $116.5B | $915.0M |
| 负债/权益比越低杠杆越低 | — | 0.27× |
8季度趋势，按日历期对齐
现金及短期投资AFLTRUP
| Q4 25 | $6.2B | $370.7M | ||
| Q3 25 | $6.8B | $348.5M | ||
| Q2 25 | $7.0B | $319.6M | ||
| Q1 25 | $5.2B | $321.8M | ||
| Q4 24 | $6.2B | $307.4M | ||
| Q3 24 | $5.6B | $293.1M | ||
| Q2 24 | $6.1B | $277.2M | ||
| Q1 24 | $5.1B | $275.2M |
总债务AFLTRUP
| Q4 25 | — | $101.8M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $127.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AFLTRUP
| Q4 25 | $29.5B | $383.9M | ||
| Q3 25 | $28.7B | $368.6M | ||
| Q2 25 | $27.2B | $355.5M | ||
| Q1 25 | $26.3B | $333.7M | ||
| Q4 24 | $26.1B | $323.3M | ||
| Q3 24 | $24.8B | $320.2M | ||
| Q2 24 | $26.0B | $305.8M | ||
| Q1 24 | $23.5B | $303.4M |
总资产AFLTRUP
| Q4 25 | $116.5B | $915.0M | ||
| Q3 25 | $122.3B | $880.2M | ||
| Q2 25 | $124.7B | $847.8M | ||
| Q1 25 | $120.3B | $837.2M | ||
| Q4 24 | $117.6B | $806.9M | ||
| Q3 24 | $128.4B | $816.1M | ||
| Q2 24 | $120.2B | $795.9M | ||
| Q1 24 | $124.7B | $789.5M |
负债/权益比AFLTRUP
| Q4 25 | — | 0.27× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.39× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $29.3M |
| 自由现金流经营现金流 - 资本支出 | — | $25.3M |
| 自由现金流率自由现金流/营收 | — | 6.7% |
| 资本支出强度资本支出/营收 | — | 1.0% |
| 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 | — | $75.4M |
8季度趋势，按日历期对齐
经营现金流AFLTRUP
| Q4 25 | $315.0M | $29.3M | ||
| Q3 25 | $1.3B | $29.2M | ||
| Q2 25 | $399.0M | $15.0M | ||
| Q1 25 | $589.0M | $16.0M | ||
| Q4 24 | $333.0M | $23.7M | ||
| Q3 24 | $1.3B | $15.3M | ||
| Q2 24 | $255.0M | $6.9M | ||
| Q1 24 | $849.0M | $2.4M |
自由现金流AFLTRUP
| Q4 25 | — | $25.3M | ||
| Q3 25 | — | $23.9M | ||
| Q2 25 | — | $12.0M | ||
| Q1 25 | — | $14.0M | ||
| Q4 24 | — | $21.8M | ||
| Q3 24 | — | $13.4M | ||
| Q2 24 | — | $4.0M | ||
| Q1 24 | — | $-631.0K |
自由现金流率AFLTRUP
| Q4 25 | — | 6.7% | ||
| Q3 25 | — | 6.5% | ||
| Q2 25 | — | 3.4% | ||
| Q1 25 | — | 4.1% | ||
| Q4 24 | — | 6.5% | ||
| Q3 24 | — | 4.1% | ||
| Q2 24 | — | 1.3% | ||
| Q1 24 | — | -0.2% |
资本支出强度AFLTRUP
| Q4 25 | — | 1.0% | ||
| Q3 25 | — | 1.4% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 0.9% | ||
| Q1 24 | — | 1.0% |
现金转化率AFLTRUP
| Q4 25 | 0.23× | — | ||
| Q3 25 | 0.76× | — | ||
| Q2 25 | 0.67× | — | ||
| Q1 25 | 20.31× | — | ||
| Q4 24 | 0.18× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.15× | — | ||
| Q1 24 | 0.45× | — |
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% |
TRUP
暂无分部数据
