vs
美国国际集团（AII）与Repay Holdings Corp（RPAY）财务数据对比。点击上方公司名可切换其他公司
Repay Holdings Corp的季度营收约是美国国际集团的1.2倍（$78.6M vs $68.1M），美国国际集团净利率更高（30.7% vs -178.3%，领先208.9%），美国国际集团自由现金流更多（$133.2M vs $23.2M）
美国国际集团（AIG）是一家美国跨国金融保险集团，业务遍及全球80多个国家和地区，截至2023年共有雇员25200人。集团核心业务分为三大板块：一般保险、人寿与退休服务，另设有一家独立的科技赋能子公司。
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
AII vs RPAY — 直观对比
营收规模更大
RPAY
是对方的1.2倍
$68.1M
净利率更高
AII
高出208.9%
-178.3%
自由现金流更多
AII
多$109.9M
$23.2M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $68.1M | $78.6M |
| 净利润 | $20.9M | $-140.1M |
| 毛利率 | — | 74.2% |
| 营业利润率 | 43.0% | -182.2% |
| 净利率 | 30.7% | -178.3% |
| 营收同比 | — | 0.4% |
| 净利润同比 | — | -3304.1% |
| 每股收益（稀释后） | $0.58 | $-1.68 |
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AIIRPAY
| Q4 25 | $68.1M | $78.6M | ||
| Q3 25 | $62.0M | $77.7M | ||
| Q2 25 | $74.5M | $75.6M | ||
| Q1 25 | $71.9M | $77.3M | ||
| Q4 24 | — | $78.3M | ||
| Q3 24 | — | $79.1M | ||
| Q2 24 | — | $74.9M | ||
| Q1 24 | — | $80.7M |
净利润AIIRPAY
| Q4 25 | $20.9M | $-140.1M | ||
| Q3 25 | $13.2M | $-6.4M | ||
| Q2 25 | $27.5M | $-102.3M | ||
| Q1 25 | $38.1M | $-7.9M | ||
| Q4 24 | — | $-4.1M | ||
| Q3 24 | — | $3.2M | ||
| Q2 24 | — | $-4.1M | ||
| Q1 24 | — | $-5.2M |
毛利率AIIRPAY
| Q4 25 | — | 74.2% | ||
| Q3 25 | — | 74.4% | ||
| Q2 25 | — | 75.7% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.3% | ||
| Q3 24 | — | 77.8% | ||
| Q2 24 | — | 78.2% | ||
| Q1 24 | — | 76.2% |
营业利润率AIIRPAY
| Q4 25 | 43.0% | -182.2% | ||
| Q3 25 | 30.3% | -3.9% | ||
| Q2 25 | 32.3% | -138.7% | ||
| Q1 25 | 59.7% | -4.7% | ||
| Q4 24 | — | -1.5% | ||
| Q3 24 | — | -0.9% | ||
| Q2 24 | — | -4.6% | ||
| Q1 24 | — | -3.1% |
净利率AIIRPAY
| Q4 25 | 30.7% | -178.3% | ||
| Q3 25 | 21.2% | -8.3% | ||
| Q2 25 | 36.9% | -135.2% | ||
| Q1 25 | 53.0% | -10.3% | ||
| Q4 24 | — | -5.3% | ||
| Q3 24 | — | 4.1% | ||
| Q2 24 | — | -5.4% | ||
| Q1 24 | — | -6.5% |
每股收益（稀释后）AIIRPAY
| Q4 25 | $0.58 | $-1.68 | ||
| Q3 25 | $0.67 | $-0.08 | ||
| Q2 25 | $1.62 | $-1.15 | ||
| Q1 25 | $2.78 | $-0.09 | ||
| Q4 24 | — | $-0.04 | ||
| Q3 24 | — | $0.03 | ||
| Q2 24 | — | $-0.04 | ||
| Q1 24 | — | $-0.06 |
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 | $222.0M | $115.7M |
| 总债务越低越好 | $618.0K | $280.1M |
| 股东权益账面价值 | $337.0M | $484.4M |
| 总资产 | $1.2B | $1.2B |
| 负债/权益比越低杠杆越低 | 0.00× | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资AIIRPAY
| Q4 25 | $222.0M | $115.7M | ||
| Q3 25 | $171.9M | $95.7M | ||
| Q2 25 | $259.6M | $162.6M | ||
| Q1 25 | $236.4M | $165.5M | ||
| Q4 24 | — | $189.5M | ||
| Q3 24 | — | $168.7M | ||
| Q2 24 | — | $147.1M | ||
| Q1 24 | — | $128.3M |
总债务AIIRPAY
| Q4 25 | $618.0K | $280.1M | ||
| Q3 25 | $721.0K | $279.5M | ||
| Q2 25 | $824.0K | $279.0M | ||
| Q1 25 | $926.0K | $497.6M | ||
| Q4 24 | — | $496.8M | ||
| Q3 24 | — | $496.2M | ||
| Q2 24 | — | $435.6M | ||
| Q1 24 | — | $434.9M |
股东权益AIIRPAY
| Q4 25 | $337.0M | $484.4M | ||
| Q3 25 | $315.9M | $616.9M | ||
| Q2 25 | $301.9M | $633.7M | ||
| Q1 25 | $186.1M | $755.7M | ||
| Q4 24 | — | $761.3M | ||
| Q3 24 | — | $754.7M | ||
| Q2 24 | — | $815.4M | ||
| Q1 24 | — | $813.8M |
总资产AIIRPAY
| Q4 25 | $1.2B | $1.2B | ||
| Q3 25 | $1.4B | $1.3B | ||
| Q2 25 | $1.6B | $1.4B | ||
| Q1 25 | $1.1B | $1.5B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | — | $1.5B |
负债/权益比AIIRPAY
| Q4 25 | 0.00× | 0.58× | ||
| Q3 25 | 0.00× | 0.45× | ||
| Q2 25 | 0.00× | 0.44× | ||
| Q1 25 | 0.00× | 0.66× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.53× |
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 | $138.2M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $133.2M | $23.2M |
| 自由现金流率自由现金流/营收 | 195.6% | 29.6% |
| 资本支出强度资本支出/营收 | 7.4% | 0.1% |
| 现金转化率经营现金流/净利润 | 6.62× | — |
| 过去12个月自由现金流最近4个季度 | $216.1M | $90.7M |
8季度趋势，按日历期对齐
经营现金流AIIRPAY
| Q4 25 | $138.2M | $23.3M | ||
| Q3 25 | $-7.5M | $32.2M | ||
| Q2 25 | $27.4M | $33.1M | ||
| Q1 25 | $68.1M | $2.5M | ||
| Q4 24 | — | $34.3M | ||
| Q3 24 | — | $60.1M | ||
| Q2 24 | — | $31.0M | ||
| Q1 24 | — | $24.8M |
自由现金流AIIRPAY
| Q4 25 | $133.2M | $23.2M | ||
| Q3 25 | $-11.9M | $32.1M | ||
| Q2 25 | $26.9M | $33.0M | ||
| Q1 25 | $68.0M | $2.4M | ||
| Q4 24 | — | $34.0M | ||
| Q3 24 | — | $59.8M | ||
| Q2 24 | — | $30.5M | ||
| Q1 24 | — | $24.7M |
自由现金流率AIIRPAY
| Q4 25 | 195.6% | 29.6% | ||
| Q3 25 | -19.2% | 41.3% | ||
| Q2 25 | 36.1% | 43.6% | ||
| Q1 25 | 94.6% | 3.0% | ||
| Q4 24 | — | 43.5% | ||
| Q3 24 | — | 75.6% | ||
| Q2 24 | — | 40.7% | ||
| Q1 24 | — | 30.6% |
资本支出强度AIIRPAY
| Q4 25 | 7.4% | 0.1% | ||
| Q3 25 | 7.2% | 0.2% | ||
| Q2 25 | 0.6% | 0.1% | ||
| Q1 25 | 0.2% | 0.2% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.6% | ||
| Q1 24 | — | 0.1% |
现金转化率AIIRPAY
| Q4 25 | 6.62× | — | ||
| Q3 25 | -0.57× | — | ||
| Q2 25 | 1.00× | — | ||
| Q1 25 | 1.79× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 18.52× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
AII
暂无分部数据
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
