vs
Assurant（AIZ）与凯撒娱乐（CZR）财务数据对比。点击上方公司名可切换其他公司
Assurant的季度营收约是凯撒娱乐的1.2倍（$3.4B vs $2.9B），Assurant净利率更高（6.7% vs -2.9%，领先9.6%），Assurant同比增速更快（7.9% vs 2.7%），过去两年Assurant的营收复合增速更高（7.9% vs 0.7%）
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。
凯撒娱乐前身为埃尔拉多度假村公司，是总部位于美国内华达州里诺的酒店博彩娱乐集团。2020年7月20日公司收购原凯撒娱乐集团后更为现名，目前运营超过50处物业，业务覆盖酒店、博彩、休闲娱乐等多个领域。
AIZ vs CZR — 直观对比
营收规模更大
AIZ
是对方的1.2倍
$2.9B
营收增速更快
AIZ
高出5.2%
2.7%
净利率更高
AIZ
高出9.6%
-2.9%
两年增速更快
AIZ
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.4B | $2.9B |
| 净利润 | $225.2M | $-83.0M |
| 毛利率 | — | — |
| 营业利润率 | 8.5% | 17.4% |
| 净利率 | 6.7% | -2.9% |
| 营收同比 | 7.9% | 2.7% |
| 净利润同比 | 11.9% | 15.3% |
| 每股收益（稀释后） | $4.37 | $-0.48 |
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AIZCZR
| Q1 26 | — | $2.9B | ||
| Q4 25 | $3.4B | $2.9B | ||
| Q3 25 | $3.2B | $2.9B | ||
| Q2 25 | $3.2B | $2.9B | ||
| Q1 25 | $3.1B | $2.8B | ||
| Q4 24 | $3.1B | $2.8B | ||
| Q3 24 | $3.0B | $2.9B | ||
| Q2 24 | $2.9B | $2.8B |
净利润AIZCZR
| Q1 26 | — | $-83.0M | ||
| Q4 25 | $225.2M | $-250.0M | ||
| Q3 25 | $265.6M | $-55.0M | ||
| Q2 25 | $235.3M | $-82.0M | ||
| Q1 25 | $146.6M | $-115.0M | ||
| Q4 24 | $201.3M | $11.0M | ||
| Q3 24 | $133.8M | $-9.0M | ||
| Q2 24 | $188.7M | $-122.0M |
营业利润率AIZCZR
| Q1 26 | — | 17.4% | ||
| Q4 25 | 8.5% | 11.4% | ||
| Q3 25 | 10.2% | 17.9% | ||
| Q2 25 | 9.2% | 18.1% | ||
| Q1 25 | 6.0% | 17.5% | ||
| Q4 24 | 8.1% | 23.9% | ||
| Q3 24 | 5.1% | 22.4% | ||
| Q2 24 | 8.0% | 17.9% |
净利率AIZCZR
| Q1 26 | — | -2.9% | ||
| Q4 25 | 6.7% | -8.6% | ||
| Q3 25 | 8.2% | -1.9% | ||
| Q2 25 | 7.4% | -2.8% | ||
| Q1 25 | 4.8% | -4.1% | ||
| Q4 24 | 6.5% | 0.4% | ||
| Q3 24 | 4.5% | -0.3% | ||
| Q2 24 | 6.5% | -4.3% |
每股收益（稀释后）AIZCZR
| Q1 26 | — | $-0.48 | ||
| Q4 25 | $4.37 | $-1.22 | ||
| Q3 25 | $5.17 | $-0.27 | ||
| Q2 25 | $4.56 | $-0.39 | ||
| Q1 25 | $2.83 | $-0.54 | ||
| Q4 24 | $3.86 | $0.04 | ||
| Q3 24 | $2.55 | $-0.04 | ||
| Q2 24 | $3.58 | $-0.56 |
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 | $867.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.9B | — |
| 总资产 | $36.3B | — |
| 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AIZCZR
| Q1 26 | — | $867.0M | ||
| Q4 25 | $1.8B | $887.0M | ||
| Q3 25 | $1.7B | $836.0M | ||
| Q2 25 | $1.5B | $982.0M | ||
| Q1 25 | $1.7B | $884.0M | ||
| Q4 24 | $1.8B | $866.0M | ||
| Q3 24 | $1.8B | $802.0M | ||
| Q2 24 | $1.7B | $830.0M |
总债务AIZCZR
| Q1 26 | — | — | ||
| Q4 25 | — | $11.9B | ||
| Q3 25 | — | $11.9B | ||
| Q2 25 | — | $12.3B | ||
| Q1 25 | — | $12.3B | ||
| Q4 24 | — | $12.3B | ||
| Q3 24 | — | $12.7B | ||
| Q2 24 | — | $12.4B |
股东权益AIZCZR
| Q1 26 | — | — | ||
| Q4 25 | $5.9B | $3.5B | ||
| Q3 25 | $5.8B | $3.8B | ||
| Q2 25 | $5.5B | $3.9B | ||
| Q1 25 | $5.2B | $4.1B | ||
| Q4 24 | $5.1B | $4.2B | ||
| Q3 24 | $5.3B | $4.2B | ||
| Q2 24 | $5.0B | $4.3B |
总资产AIZCZR
| Q1 26 | — | — | ||
| Q4 25 | $36.3B | $31.6B | ||
| Q3 25 | $35.8B | $31.9B | ||
| Q2 25 | $35.5B | $32.5B | ||
| Q1 25 | $35.0B | $32.4B | ||
| Q4 24 | $35.0B | $32.6B | ||
| Q3 24 | $35.3B | $33.0B | ||
| Q2 24 | $33.8B | $33.1B |
负债/权益比AIZCZR
| Q1 26 | — | — | ||
| Q4 25 | — | 3.40× | ||
| Q3 25 | — | 3.15× | ||
| Q2 25 | — | 3.15× | ||
| Q1 25 | — | 3.04× | ||
| Q4 24 | — | 2.96× | ||
| Q3 24 | — | 3.04× | ||
| Q2 24 | — | 2.89× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $611.7M | — |
| 自由现金流率自由现金流/营收 | 18.3% | — |
| 资本支出强度资本支出/营收 | 1.8% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流AIZCZR
| Q1 26 | — | — | ||
| Q4 25 | $671.0M | $304.0M | ||
| Q3 25 | $505.0M | $318.0M | ||
| Q2 25 | $265.5M | $462.0M | ||
| Q1 25 | $392.4M | $218.0M | ||
| Q4 24 | $102.8M | $309.0M | ||
| Q3 24 | $436.5M | $232.0M | ||
| Q2 24 | $710.9M | $454.0M |
自由现金流AIZCZR
| Q1 26 | — | — | ||
| Q4 25 | $611.7M | $147.0M | ||
| Q3 25 | $442.1M | $123.0M | ||
| Q2 25 | $205.6M | $232.0M | ||
| Q1 25 | $339.0M | $-5.0M | ||
| Q4 24 | $34.8M | $30.0M | ||
| Q3 24 | $389.4M | $-192.0M | ||
| Q2 24 | $655.5M | $125.0M |
自由现金流率AIZCZR
| Q1 26 | — | — | ||
| Q4 25 | 18.3% | 5.0% | ||
| Q3 25 | 13.7% | 4.3% | ||
| Q2 25 | 6.5% | 8.0% | ||
| Q1 25 | 11.0% | -0.2% | ||
| Q4 24 | 1.1% | 1.1% | ||
| Q3 24 | 13.1% | -6.7% | ||
| Q2 24 | 22.4% | 4.4% |
资本支出强度AIZCZR
| Q1 26 | — | — | ||
| Q4 25 | 1.8% | 5.4% | ||
| Q3 25 | 1.9% | 6.8% | ||
| Q2 25 | 1.9% | 7.9% | ||
| Q1 25 | 1.7% | 8.0% | ||
| Q4 24 | 2.2% | 10.0% | ||
| Q3 24 | 1.6% | 14.8% | ||
| Q2 24 | 1.9% | 11.6% |
现金转化率AIZCZR
| Q1 26 | — | — | ||
| Q4 25 | 2.98× | — | ||
| Q3 25 | 1.90× | — | ||
| Q2 25 | 1.13× | — | ||
| Q1 25 | 2.68× | — | ||
| Q4 24 | 0.51× | 28.09× | ||
| Q3 24 | 3.26× | — | ||
| Q2 24 | 3.77× | — |
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% |
CZR
| Casino | $1.7B | 58% |
| Hotel | $487.0M | 17% |
| Food and beverage | $424.0M | 15% |
| Other | $293.0M | 10% |
