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美国国际集团（AIG）与Smurfit Westrock（SW）财务数据对比。点击上方公司名可切换其他公司
Smurfit Westrock的季度营收约是美国国际集团的1.2倍（$7.6B vs $6.5B），美国国际集团净利率更高（11.2% vs 1.3%，领先9.9%），美国国际集团同比增速更快（380.9% vs 0.5%），过去两年Smurfit Westrock的营收复合增速更高（60.8% vs -18.4%）
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。
Smurfit Westrock plc是总部位于爱尔兰都柏林的企业，核心业务为生产瓦楞包装及各类纸制包装产品，公司股票同时在纽约证券交易所和伦敦证券交易所挂牌上市。
AIG vs SW — 直观对比
营收规模更大
SW
是对方的1.2倍
$6.5B
营收增速更快
AIG
高出380.4%
0.5%
净利率更高
AIG
高出9.9%
1.3%
两年增速更快
SW
近两年复合增速
-18.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $6.5B | $7.6B |
| 净利润 | $735.0M | $97.0M |
| 毛利率 | — | 18.2% |
| 营业利润率 | 10.1% | 5.1% |
| 净利率 | 11.2% | 1.3% |
| 营收同比 | 380.9% | 0.5% |
| 净利润同比 | -18.2% | -33.6% |
| 每股收益（稀释后） | $1.36 | $0.18 |
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AIGSW
| Q4 25 | $6.5B | $7.6B | ||
| Q3 25 | $6.4B | $8.0B | ||
| Q2 25 | $7.1B | $7.9B | ||
| Q1 25 | $6.8B | $7.7B | ||
| Q4 24 | — | $7.5B | ||
| Q3 24 | $6.8B | $7.7B | ||
| Q2 24 | $6.6B | $3.0B | ||
| Q1 24 | $12.6B | $2.9B |
净利润AIGSW
| Q4 25 | $735.0M | $97.0M | ||
| Q3 25 | $519.0M | $246.0M | ||
| Q2 25 | $1.1B | $-28.0M | ||
| Q1 25 | $698.0M | $384.0M | ||
| Q4 24 | — | $146.0M | ||
| Q3 24 | $459.0M | $-150.0M | ||
| Q2 24 | $-4.0B | $132.0M | ||
| Q1 24 | $1.2B | $191.0M |
毛利率AIGSW
| Q4 25 | — | 18.2% | ||
| Q3 25 | — | 19.6% | ||
| Q2 25 | — | 19.1% | ||
| Q1 25 | — | 20.6% | ||
| Q4 24 | — | 19.1% | ||
| Q3 24 | — | 17.6% | ||
| Q2 24 | — | 23.3% | ||
| Q1 24 | — | 24.2% |
营业利润率AIGSW
| Q4 25 | 10.1% | 5.1% | ||
| Q3 25 | 11.2% | 6.6% | ||
| Q2 25 | 21.8% | 3.2% | ||
| Q1 25 | 14.2% | 7.2% | ||
| Q4 24 | — | 5.3% | ||
| Q3 24 | 9.6% | 0.7% | ||
| Q2 24 | 9.4% | 8.2% | ||
| Q1 24 | 16.3% | 10.5% |
净利率AIGSW
| Q4 25 | 11.2% | 1.3% | ||
| Q3 25 | 8.2% | 3.1% | ||
| Q2 25 | 16.1% | -0.4% | ||
| Q1 25 | 10.3% | 5.0% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | 6.8% | -2.0% | ||
| Q2 24 | -60.6% | 4.4% | ||
| Q1 24 | 9.7% | 6.5% |
每股收益（稀释后）AIGSW
| Q4 25 | $1.36 | $0.18 | ||
| Q3 25 | $0.93 | $0.47 | ||
| Q2 25 | $1.98 | $-0.05 | ||
| Q1 25 | $1.16 | $0.73 | ||
| Q4 24 | — | $-0.12 | ||
| Q3 24 | $0.71 | $-0.30 | ||
| Q2 24 | $-5.96 | $0.51 | ||
| Q1 24 | $1.74 | $0.73 |
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 | — | $892.0M |
| 总债务越低越好 | $9.2B | $13.4B |
| 股东权益账面价值 | $41.1B | $18.3B |
| 总资产 | $161.3B | $45.2B |
| 负债/权益比越低杠杆越低 | 0.22× | 0.73× |
8季度趋势，按日历期对齐
现金及短期投资AIGSW
| Q4 25 | — | $892.0M | ||
| Q3 25 | — | $851.0M | ||
| Q2 25 | — | $778.0M | ||
| Q1 25 | — | $797.0M | ||
| Q4 24 | — | $855.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $26.8K | ||
| Q1 24 | — | $108 |
总债务AIGSW
| Q4 25 | $9.2B | $13.4B | ||
| Q3 25 | — | $13.3B | ||
| Q2 25 | — | $13.3B | ||
| Q1 25 | — | $12.9B | ||
| Q4 24 | — | $12.5B | ||
| Q3 24 | — | $13.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AIGSW
| Q4 25 | $41.1B | $18.3B | ||
| Q3 25 | $41.1B | $18.4B | ||
| Q2 25 | $41.5B | $18.3B | ||
| Q1 25 | $41.4B | $17.9B | ||
| Q4 24 | — | $17.4B | ||
| Q3 24 | $45.0B | $18.0B | ||
| Q2 24 | $44.4B | $14.5K | ||
| Q1 24 | $43.4B | $108 |
总资产AIGSW
| Q4 25 | $161.3B | $45.2B | ||
| Q3 25 | $163.4B | $45.6B | ||
| Q2 25 | $166.0B | $45.7B | ||
| Q1 25 | $161.9B | $44.6B | ||
| Q4 24 | — | $43.8B | ||
| Q3 24 | $169.4B | $45.0B | ||
| Q2 24 | $167.9B | $26.8K | ||
| Q1 24 | $544.1B | $108 |
负债/权益比AIGSW
| Q4 25 | 0.22× | 0.73× | ||
| Q3 25 | — | 0.72× | ||
| Q2 25 | — | 0.73× | ||
| Q1 25 | — | 0.72× | ||
| Q4 24 | — | 0.72× | ||
| Q3 24 | — | 0.73× | ||
| 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 | $636.0M | $1.2B |
| 自由现金流经营现金流 - 资本支出 | — | $612.0M |
| 自由现金流率自由现金流/营收 | — | 8.1% |
| 资本支出强度资本支出/营收 | — | 7.7% |
| 现金转化率经营现金流/净利润 | 0.87× | 12.32× |
| 过去12个月自由现金流最近4个季度 | — | $1.2B |
8季度趋势，按日历期对齐
经营现金流AIGSW
| Q4 25 | $636.0M | $1.2B | ||
| Q3 25 | $1.3B | $1.1B | ||
| Q2 25 | $1.4B | $829.0M | ||
| Q1 25 | $-56.0M | $235.0M | ||
| Q4 24 | — | $781.0M | ||
| Q3 24 | $1.7B | $320.0M | ||
| Q2 24 | $930.0M | $340.0M | ||
| Q1 24 | $519.0M | $42.0M |
自由现金流AIGSW
| Q4 25 | — | $612.0M | ||
| Q3 25 | — | $523.0M | ||
| Q2 25 | — | $307.0M | ||
| Q1 25 | — | $-242.0M | ||
| Q4 24 | — | $212.0M | ||
| Q3 24 | — | $-192.0M | ||
| Q2 24 | — | $163.0M | ||
| Q1 24 | — | $-166.0M |
自由现金流率AIGSW
| Q4 25 | — | 8.1% | ||
| Q3 25 | — | 6.5% | ||
| Q2 25 | — | 3.9% | ||
| Q1 25 | — | -3.2% | ||
| Q4 24 | — | 2.8% | ||
| Q3 24 | — | -2.5% | ||
| Q2 24 | — | 5.5% | ||
| Q1 24 | — | -5.7% |
资本支出强度AIGSW
| Q4 25 | — | 7.7% | ||
| Q3 25 | — | 7.6% | ||
| Q2 25 | — | 6.6% | ||
| Q1 25 | — | 6.2% | ||
| Q4 24 | — | 7.5% | ||
| Q3 24 | — | 6.7% | ||
| Q2 24 | — | 6.0% | ||
| Q1 24 | — | 7.1% |
现金转化率AIGSW
| Q4 25 | 0.87× | 12.32× | ||
| Q3 25 | 2.59× | 4.61× | ||
| Q2 25 | 1.22× | — | ||
| Q1 25 | -0.08× | 0.61× | ||
| Q4 24 | — | 5.35× | ||
| Q3 24 | 3.70× | — | ||
| Q2 24 | — | 2.58× | ||
| Q1 24 | 0.43× | 0.22× |
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
AIG
暂无分部数据
SW
| Packaging | $3.3B | 43% |
| Other | $3.2B | 43% |
| Paper | $1.1B | 14% |
