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美国国际集团（AIG）与NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP（NRUC）财务数据对比。点击上方公司名可切换其他公司
美国国际集团的季度营收约是NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP的91.0倍（$6.5B vs $72.0M）。NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP净利率更高（27.2% vs 11.2%，领先16.0%）。美国国际集团同比增速更快（380.9% vs 10.0%）。过去两年NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP的营收复合增速更高（5.4% vs -27.8%）
美国国际集团（AIG）是全球知名保险提供商，服务覆盖北美及全球其他地区，面向商业客户、机构客户及个人用户推出多元化保险产品，业务涵盖责任险、财产险、航空航天险、政治风险保险、贸易信用保险、农业保险、海事保险等多个领域，可满足不同客户的风险保障需求。
美国国家农村公用事业合作金融公司（CFC）是一家由成员所有的非盈利合作社，为美国农村电力合作网络提供金融产品。该公司成立于1969年，创立初衷是从资本市场筹集资金，补充美国农业部农村公用事业局面向电力合作社的贷款项目。
AIG vs NRUC — 直观对比
营收规模更大
AIG
是对方的91.0倍
$72.0M
营收增速更快
AIG
高出370.9%
10.0%
净利率更高
NRUC
高出16.0%
11.2%
两年增速更快
NRUC
近两年复合增速
-27.8%
损益表 — Q4 2025 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $6.5B | $72.0M |
| 净利润 | $735.0M | $19.6M |
| 毛利率 | — | — |
| 营业利润率 | 10.1% | — |
| 净利率 | 11.2% | 27.2% |
| 营收同比 | 380.9% | 10.0% |
| 净利润同比 | -18.2% | -86.4% |
| 每股收益（稀释后） | $1.36 | — |
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AIGNRUC
| Q4 25 | $6.5B | $72.0M | ||
| Q3 25 | $6.4B | $71.0M | ||
| Q2 25 | $7.1B | $66.9M | ||
| Q1 25 | $6.8B | $66.9M | ||
| Q4 24 | $1.4B | $65.4M | ||
| Q3 24 | $6.8B | $61.7M | ||
| Q2 24 | $6.6B | — | ||
| Q1 24 | $12.6B | $64.8M |
净利润AIGNRUC
| Q4 25 | $735.0M | $19.6M | ||
| Q3 25 | $519.0M | $4.8M | ||
| Q2 25 | $1.1B | $73.1M | ||
| Q1 25 | $698.0M | $86.0M | ||
| Q4 24 | $898.0M | $144.4M | ||
| Q3 24 | $459.0M | $-163.8M | ||
| Q2 24 | $-4.0B | — | ||
| Q1 24 | $1.2B | $31.5M |
营业利润率AIGNRUC
| Q4 25 | 10.1% | — | ||
| Q3 25 | 11.2% | — | ||
| Q2 25 | 21.8% | — | ||
| Q1 25 | 14.2% | — | ||
| Q4 24 | 40.6% | — | ||
| Q3 24 | 9.6% | — | ||
| Q2 24 | 9.4% | — | ||
| Q1 24 | 16.3% | — |
净利率AIGNRUC
| Q4 25 | 11.2% | 27.2% | ||
| Q3 25 | 8.2% | 6.7% | ||
| Q2 25 | 16.1% | 109.3% | ||
| Q1 25 | 10.3% | 128.4% | ||
| Q4 24 | 65.9% | 220.7% | ||
| Q3 24 | 6.8% | -265.7% | ||
| Q2 24 | -60.6% | — | ||
| Q1 24 | 9.7% | 48.6% |
每股收益（稀释后）AIGNRUC
| Q4 25 | $1.36 | — | ||
| Q3 25 | $0.93 | — | ||
| Q2 25 | $1.98 | — | ||
| Q1 25 | $1.16 | — | ||
| Q4 24 | $1.34 | — | ||
| Q3 24 | $0.71 | — | ||
| Q2 24 | $-5.96 | — | ||
| Q1 24 | $1.74 | — |
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 | — | $304.5M |
| 总债务越低越好 | $9.2B | $27.3B |
| 股东权益账面价值 | $41.1B | $3.1B |
| 总资产 | $161.3B | $39.1B |
| 负债/权益比越低杠杆越低 | 0.22× | 8.95× |
8季度趋势，按日历期对齐
现金及短期投资AIGNRUC
| Q4 25 | — | $304.5M | ||
| Q3 25 | — | $257.1M | ||
| Q2 25 | — | $134.7M | ||
| Q1 25 | — | $245.4M | ||
| Q4 24 | — | $347.1M | ||
| Q3 24 | — | $264.7M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $144.8M |
总债务AIGNRUC
| Q4 25 | $9.2B | $27.3B | ||
| Q3 25 | — | $27.9B | ||
| Q2 25 | — | $27.2B | ||
| Q1 25 | — | $27.5B | ||
| Q4 24 | $8.9B | $26.7B | ||
| Q3 24 | — | $26.3B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $25.5B |
股东权益AIGNRUC
| Q4 25 | $41.1B | $3.1B | ||
| Q3 25 | $41.1B | $3.0B | ||
| Q2 25 | $41.5B | $3.1B | ||
| Q1 25 | $41.4B | $3.0B | ||
| Q4 24 | $42.5B | $2.9B | ||
| Q3 24 | $45.0B | $2.8B | ||
| Q2 24 | $44.4B | — | ||
| Q1 24 | $43.4B | $2.8B |
总资产AIGNRUC
| Q4 25 | $161.3B | $39.1B | ||
| Q3 25 | $163.4B | $38.8B | ||
| Q2 25 | $166.0B | $38.3B | ||
| Q1 25 | $161.9B | $37.8B | ||
| Q4 24 | $161.3B | $37.1B | ||
| Q3 24 | $169.4B | $36.5B | ||
| Q2 24 | $167.9B | — | ||
| Q1 24 | $544.1B | $35.9B |
负债/权益比AIGNRUC
| Q4 25 | 0.22× | 8.95× | ||
| Q3 25 | — | 9.21× | ||
| Q2 25 | — | 8.81× | ||
| Q1 25 | — | 9.15× | ||
| Q4 24 | 0.21× | 9.14× | ||
| Q3 24 | — | 9.44× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 8.94× |
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 | $636.0M | $38.9M |
| 自由现金流经营现金流 - 资本支出 | — | $38.3M |
| 自由现金流率自由现金流/营收 | — | 53.2% |
| 资本支出强度资本支出/营收 | — | 0.9% |
| 现金转化率经营现金流/净利润 | 0.87× | 1.99× |
| 过去12个月自由现金流最近4个季度 | — | $225.0M |
8季度趋势，按日历期对齐
经营现金流AIGNRUC
| Q4 25 | $636.0M | $38.9M | ||
| Q3 25 | $1.3B | $82.3M | ||
| Q2 25 | $1.4B | $-43.3M | ||
| Q1 25 | $-56.0M | $150.3M | ||
| Q4 24 | $125.0M | $63.8M | ||
| Q3 24 | $1.7B | $36.7M | ||
| Q2 24 | $930.0M | — | ||
| Q1 24 | $519.0M | — |
自由现金流AIGNRUC
| Q4 25 | — | $38.3M | ||
| Q3 25 | — | $82.0M | ||
| Q2 25 | — | $-44.3M | ||
| Q1 25 | — | $149.0M | ||
| Q4 24 | — | $62.7M | ||
| Q3 24 | — | $35.4M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率AIGNRUC
| Q4 25 | — | 53.2% | ||
| Q3 25 | — | 115.5% | ||
| Q2 25 | — | -66.2% | ||
| Q1 25 | — | 222.5% | ||
| Q4 24 | — | 95.9% | ||
| Q3 24 | — | 57.5% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度AIGNRUC
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 0.5% | ||
| Q2 25 | — | 1.6% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | — | 2.1% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率AIGNRUC
| Q4 25 | 0.87× | 1.99× | ||
| Q3 25 | 2.59× | 17.27× | ||
| Q2 25 | 1.22× | -0.59× | ||
| Q1 25 | -0.08× | 1.75× | ||
| Q4 24 | 0.14× | 0.44× | ||
| Q3 24 | 3.70× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.43× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
