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Assurant（AIZ）与CDW Corporation（CDW）财务数据对比。点击上方公司名可切换其他公司
CDW Corporation的季度营收约是Assurant的1.6倍（$5.5B vs $3.4B），Assurant同比增速更快（7.9% vs 6.3%），Assurant自由现金流更多（$611.7M vs $395.9M），过去两年Assurant的营收复合增速更高（7.9% vs 6.3%）
Assurant Inc.是总部位于美国亚特兰大的全球化风险管理产品及服务供应商，旗下业务覆盖财产意外险、电子设备延保、预售丧葬险等多个细分领域的特色保险产品，核心运营板块分为全球住房业务和全球生活方式业务两大板块。
CDW公司是美国多品牌信息技术服务提供商，服务覆盖美国、英国、加拿大三国的商业、政府、教育、医疗领域，总部位于伊利诺伊州弗农希尔斯，位列《财富》500强，2023年全年净销售额达210亿美元。
AIZ vs CDW — 直观对比
营收规模更大
CDW
是对方的1.6倍
$3.4B
营收增速更快
AIZ
高出1.6%
6.3%
自由现金流更多
AIZ
多$215.8M
$395.9M
两年增速更快
AIZ
近两年复合增速
6.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.4B | $5.5B |
| 净利润 | $225.2M | — |
| 毛利率 | — | 22.8% |
| 营业利润率 | 8.5% | 7.8% |
| 净利率 | 6.7% | — |
| 营收同比 | 7.9% | 6.3% |
| 净利润同比 | 11.9% | — |
| 每股收益（稀释后） | $4.37 | $2.13 |
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AIZCDW
| Q4 25 | $3.4B | $5.5B | ||
| Q3 25 | $3.2B | $5.7B | ||
| Q2 25 | $3.2B | $6.0B | ||
| Q1 25 | $3.1B | $5.2B | ||
| Q4 24 | $3.1B | $5.2B | ||
| Q3 24 | $3.0B | $5.5B | ||
| Q2 24 | $2.9B | $5.4B | ||
| Q1 24 | $2.9B | $4.9B |
净利润AIZCDW
| Q4 25 | $225.2M | — | ||
| Q3 25 | $265.6M | $291.0M | ||
| Q2 25 | $235.3M | $271.2M | ||
| Q1 25 | $146.6M | $224.9M | ||
| Q4 24 | $201.3M | — | ||
| Q3 24 | $133.8M | $316.4M | ||
| Q2 24 | $188.7M | $281.1M | ||
| Q1 24 | $236.4M | $216.1M |
毛利率AIZCDW
| Q4 25 | — | 22.8% | ||
| Q3 25 | — | 21.9% | ||
| Q2 25 | — | 20.8% | ||
| Q1 25 | — | 21.6% | ||
| Q4 24 | — | 22.3% | ||
| Q3 24 | — | 21.8% | ||
| Q2 24 | — | 21.8% | ||
| Q1 24 | — | 21.8% |
营业利润率AIZCDW
| Q4 25 | 8.5% | 7.8% | ||
| Q3 25 | 10.2% | 7.7% | ||
| Q2 25 | 9.2% | 7.0% | ||
| Q1 25 | 6.0% | 7.0% | ||
| Q4 24 | 8.1% | 7.9% | ||
| Q3 24 | 5.1% | 8.7% | ||
| Q2 24 | 8.0% | 8.0% | ||
| Q1 24 | 10.2% | 6.7% |
净利率AIZCDW
| Q4 25 | 6.7% | — | ||
| Q3 25 | 8.2% | 5.1% | ||
| Q2 25 | 7.4% | 4.5% | ||
| Q1 25 | 4.8% | 4.3% | ||
| Q4 24 | 6.5% | — | ||
| Q3 24 | 4.5% | 5.7% | ||
| Q2 24 | 6.5% | 5.2% | ||
| Q1 24 | 8.2% | 4.4% |
每股收益（稀释后）AIZCDW
| Q4 25 | $4.37 | $2.13 | ||
| Q3 25 | $5.17 | $2.21 | ||
| Q2 25 | $4.56 | $2.05 | ||
| Q1 25 | $2.83 | $1.69 | ||
| Q4 24 | $3.86 | $1.97 | ||
| Q3 24 | $2.55 | $2.34 | ||
| Q2 24 | $3.58 | $2.07 | ||
| Q1 24 | $4.47 | $1.59 |
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 | $1.8B | $618.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.9B | $2.6B |
| 总资产 | $36.3B | $16.0B |
| 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AIZCDW
| Q4 25 | $1.8B | $618.7M | ||
| Q3 25 | $1.7B | $452.9M | ||
| Q2 25 | $1.5B | $481.0M | ||
| Q1 25 | $1.7B | $688.1M | ||
| Q4 24 | $1.8B | $717.7M | ||
| Q3 24 | $1.8B | $1.2B | ||
| Q2 24 | $1.7B | $665.3M | ||
| Q1 24 | $1.3B | $803.8M |
股东权益AIZCDW
| Q4 25 | $5.9B | $2.6B | ||
| Q3 25 | $5.8B | $2.5B | ||
| Q2 25 | $5.5B | $2.5B | ||
| Q1 25 | $5.2B | $2.3B | ||
| Q4 24 | $5.1B | $2.4B | ||
| Q3 24 | $5.3B | $2.3B | ||
| Q2 24 | $5.0B | $2.2B | ||
| Q1 24 | $4.9B | $2.1B |
总资产AIZCDW
| Q4 25 | $36.3B | $16.0B | ||
| Q3 25 | $35.8B | $15.2B | ||
| Q2 25 | $35.5B | $15.3B | ||
| Q1 25 | $35.0B | $15.0B | ||
| Q4 24 | $35.0B | $14.7B | ||
| Q3 24 | $35.3B | $14.4B | ||
| Q2 24 | $33.8B | $13.6B | ||
| Q1 24 | $33.2B | $13.2B |
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 | $671.0M | $433.8M |
| 自由现金流经营现金流 - 资本支出 | $611.7M | $395.9M |
| 自由现金流率自由现金流/营收 | 18.3% | 7.2% |
| 资本支出强度资本支出/营收 | 1.8% | 0.7% |
| 现金转化率经营现金流/净利润 | 2.98× | — |
| 过去12个月自由现金流最近4个季度 | $1.6B | $1.1B |
8季度趋势，按日历期对齐
经营现金流AIZCDW
| Q4 25 | $671.0M | $433.8M | ||
| Q3 25 | $505.0M | $328.3M | ||
| Q2 25 | $265.5M | $155.9M | ||
| Q1 25 | $392.4M | $287.2M | ||
| Q4 24 | $102.8M | $345.3M | ||
| Q3 24 | $436.5M | $342.1M | ||
| Q2 24 | $710.9M | $149.9M | ||
| Q1 24 | $82.5M | $440.0M |
自由现金流AIZCDW
| Q4 25 | $611.7M | $395.9M | ||
| Q3 25 | $442.1M | $298.5M | ||
| Q2 25 | $205.6M | $133.4M | ||
| Q1 25 | $339.0M | $260.3M | ||
| Q4 24 | $34.8M | $316.7M | ||
| Q3 24 | $389.4M | $308.5M | ||
| Q2 24 | $655.5M | $119.0M | ||
| Q1 24 | $31.7M | $410.5M |
自由现金流率AIZCDW
| Q4 25 | 18.3% | 7.2% | ||
| Q3 25 | 13.7% | 5.2% | ||
| Q2 25 | 6.5% | 2.2% | ||
| Q1 25 | 11.0% | 5.0% | ||
| Q4 24 | 1.1% | 6.1% | ||
| Q3 24 | 13.1% | 5.6% | ||
| Q2 24 | 22.4% | 2.2% | ||
| Q1 24 | 1.1% | 8.4% |
资本支出强度AIZCDW
| Q4 25 | 1.8% | 0.7% | ||
| Q3 25 | 1.9% | 0.5% | ||
| Q2 25 | 1.9% | 0.4% | ||
| Q1 25 | 1.7% | 0.5% | ||
| Q4 24 | 2.2% | 0.6% | ||
| Q3 24 | 1.6% | 0.6% | ||
| Q2 24 | 1.9% | 0.6% | ||
| Q1 24 | 1.8% | 0.6% |
现金转化率AIZCDW
| Q4 25 | 2.98× | — | ||
| Q3 25 | 1.90× | 1.13× | ||
| Q2 25 | 1.13× | 0.57× | ||
| Q1 25 | 2.68× | 1.28× | ||
| Q4 24 | 0.51× | — | ||
| Q3 24 | 3.26× | 1.08× | ||
| Q2 24 | 3.77× | 0.53× | ||
| Q1 24 | 0.35× | 2.04× |
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
AIZ
| Global Lifestyle | $2.6B | 78% |
| Global Housing | $749.1M | 22% |
| Service Contracts And Sales | $34.5M | 1% |
CDW
暂无分部数据
