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Assurant（AIZ）与道富集团（STT）财务数据对比。点击上方公司名可切换其他公司
道富集团的季度营收约是Assurant的1.1倍（$3.7B vs $3.4B），道富集团净利率更高（20.4% vs 6.7%，领先13.6%），Assurant同比增速更快（7.9% vs 7.5%），道富集团自由现金流更多（$9.8B vs $611.7M），过去两年道富集团的营收复合增速更高（8.1% vs 7.9%）
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。
道富集团是总部位于美国波士顿的跨国金融服务及银行控股公司，历史可追溯至1792年成立的联合银行，是美国运营历史第二悠久的存续银行。作为全球顶尖的资产管理与托管机构，截至2025年第三季度，其管理资产规模约5.4万亿美元，托管及管理资产总规模达51.7万亿美元。
AIZ vs STT — 直观对比
营收规模更大
STT
是对方的1.1倍
$3.4B
营收增速更快
AIZ
高出0.4%
7.5%
净利率更高
STT
高出13.6%
6.7%
自由现金流更多
STT
多$9.2B
$611.7M
两年增速更快
STT
近两年复合增速
7.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.4B | $3.7B |
| 净利润 | $225.2M | $747.0M |
| 毛利率 | — | — |
| 营业利润率 | 8.5% | 25.0% |
| 净利率 | 6.7% | 20.4% |
| 营收同比 | 7.9% | 7.5% |
| 净利润同比 | 11.9% | -4.6% |
| 每股收益（稀释后） | $4.37 | $2.41 |
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AIZSTT
| Q4 25 | $3.4B | $3.7B | ||
| Q3 25 | $3.2B | $3.5B | ||
| Q2 25 | $3.2B | $3.4B | ||
| Q1 25 | $3.1B | $3.3B | ||
| Q4 24 | $3.1B | $3.4B | ||
| Q3 24 | $3.0B | $3.3B | ||
| Q2 24 | $2.9B | $3.2B | ||
| Q1 24 | $2.9B | $3.1B |
净利润AIZSTT
| Q4 25 | $225.2M | $747.0M | ||
| Q3 25 | $265.6M | $861.0M | ||
| Q2 25 | $235.3M | $693.0M | ||
| Q1 25 | $146.6M | $644.0M | ||
| Q4 24 | $201.3M | $783.0M | ||
| Q3 24 | $133.8M | $730.0M | ||
| Q2 24 | $188.7M | $711.0M | ||
| Q1 24 | $236.4M | $463.0M |
营业利润率AIZSTT
| Q4 25 | 8.5% | 25.0% | ||
| Q3 25 | 10.2% | 31.1% | ||
| Q2 25 | 9.2% | 25.8% | ||
| Q1 25 | 6.0% | 25.0% | ||
| Q4 24 | 8.1% | 28.1% | ||
| Q3 24 | 5.1% | 28.4% | ||
| Q2 24 | 8.0% | 28.6% | ||
| Q1 24 | 10.2% | 19.1% |
净利率AIZSTT
| Q4 25 | 6.7% | 20.4% | ||
| Q3 25 | 8.2% | 24.3% | ||
| Q2 25 | 7.4% | 20.1% | ||
| Q1 25 | 4.8% | 19.6% | ||
| Q4 24 | 6.5% | 22.9% | ||
| Q3 24 | 4.5% | 22.4% | ||
| Q2 24 | 6.5% | 22.3% | ||
| Q1 24 | 8.2% | 14.8% |
每股收益（稀释后）AIZSTT
| Q4 25 | $4.37 | $2.41 | ||
| Q3 25 | $5.17 | $2.78 | ||
| Q2 25 | $4.56 | $2.17 | ||
| Q1 25 | $2.83 | $2.04 | ||
| Q4 24 | $3.86 | $2.43 | ||
| Q3 24 | $2.55 | $2.26 | ||
| Q2 24 | $3.58 | $2.15 | ||
| Q1 24 | $4.47 | $1.37 |
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 | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.9B | $27.8B |
| 总资产 | $36.3B | $366.0B |
| 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AIZSTT
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | $1.7B | — | ||
| Q1 24 | $1.3B | — |
股东权益AIZSTT
| Q4 25 | $5.9B | $27.8B | ||
| Q3 25 | $5.8B | $27.6B | ||
| Q2 25 | $5.5B | $27.3B | ||
| Q1 25 | $5.2B | $26.7B | ||
| Q4 24 | $5.1B | $25.3B | ||
| Q3 24 | $5.3B | $25.8B | ||
| Q2 24 | $5.0B | $24.8B | ||
| Q1 24 | $4.9B | $24.4B |
总资产AIZSTT
| Q4 25 | $36.3B | $366.0B | ||
| Q3 25 | $35.8B | $371.1B | ||
| Q2 25 | $35.5B | $376.7B | ||
| Q1 25 | $35.0B | $372.7B | ||
| Q4 24 | $35.0B | $353.2B | ||
| Q3 24 | $35.3B | $338.5B | ||
| Q2 24 | $33.8B | $325.6B | ||
| Q1 24 | $33.2B | $338.0B |
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 | $10.0B |
| 自由现金流经营现金流 - 资本支出 | $611.7M | $9.8B |
| 自由现金流率自由现金流/营收 | 18.3% | 266.6% |
| 资本支出强度资本支出/营收 | 1.8% | 7.3% |
| 现金转化率经营现金流/净利润 | 2.98× | 13.44× |
| 过去12个月自由现金流最近4个季度 | $1.6B | $10.8B |
8季度趋势，按日历期对齐
经营现金流AIZSTT
| Q4 25 | $671.0M | $10.0B | ||
| Q3 25 | $505.0M | $7.9B | ||
| Q2 25 | $265.5M | $-8.4B | ||
| Q1 25 | $392.4M | $2.4B | ||
| Q4 24 | $102.8M | $-7.4B | ||
| Q3 24 | $436.5M | $2.7B | ||
| Q2 24 | $710.9M | $-7.6B | ||
| Q1 24 | $82.5M | $-844.0M |
自由现金流AIZSTT
| Q4 25 | $611.7M | $9.8B | ||
| Q3 25 | $442.1M | $7.7B | ||
| Q2 25 | $205.6M | $-8.8B | ||
| Q1 25 | $339.0M | $2.2B | ||
| Q4 24 | $34.8M | $-7.7B | ||
| Q3 24 | $389.4M | $2.5B | ||
| Q2 24 | $655.5M | $-7.9B | ||
| Q1 24 | $31.7M | $-1.1B |
自由现金流率AIZSTT
| Q4 25 | 18.3% | 266.6% | ||
| Q3 25 | 13.7% | 216.0% | ||
| Q2 25 | 6.5% | -254.1% | ||
| Q1 25 | 11.0% | 66.1% | ||
| Q4 24 | 1.1% | -225.1% | ||
| Q3 24 | 13.1% | 75.9% | ||
| Q2 24 | 22.4% | -246.2% | ||
| Q1 24 | 1.1% | -34.2% |
资本支出强度AIZSTT
| Q4 25 | 1.8% | 7.3% | ||
| Q3 25 | 1.9% | 6.9% | ||
| Q2 25 | 1.9% | 9.3% | ||
| Q1 25 | 1.7% | 6.9% | ||
| Q4 24 | 2.2% | 7.3% | ||
| Q3 24 | 1.6% | 7.2% | ||
| Q2 24 | 1.9% | 6.7% | ||
| Q1 24 | 1.8% | 7.3% |
现金转化率AIZSTT
| Q4 25 | 2.98× | 13.44× | ||
| Q3 25 | 1.90× | 9.18× | ||
| Q2 25 | 1.13× | -12.18× | ||
| Q1 25 | 2.68× | 3.72× | ||
| Q4 24 | 0.51× | -9.49× | ||
| Q3 24 | 3.26× | 3.71× | ||
| Q2 24 | 3.77× | -10.75× | ||
| Q1 24 | 0.35× | -1.82× |
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% |
STT
| Other | $2.2B | 59% |
| Investment Management | $729.0M | 20% |
| Management Services | $662.0M | 18% |
| Other Fee Revenue | $56.0M | 2% |
| Securities Financing Services | $54.0M | 1% |
