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好事达（ALL）与MARA Holdings, Inc.（MARA）财务数据对比。点击上方公司名可切换其他公司
好事达的季度营收约是MARA Holdings, Inc.的85.7倍（$17.3B vs $202.3M），好事达净利率更高（22.1% vs -14298.3%，领先14320.4%），好事达同比增速更快（5.1% vs -5.6%），好事达自由现金流更多（$2.9B vs $-1.2B），过去两年MARA Holdings, Inc.的营收复合增速更高（10.7% vs 6.6%）
好事达集团是面向美国、加拿大市场的综合性保险服务商，提供财产险、意外险及其他保险产品。旗下设好事达保险、保障服务、健康福利、到期财产责任险四大板块，主营私人乘用车险、房屋保险，亦覆盖摩托车、房车、越野车等特种车险及各类个人保险产品。
MARA Holdings, Inc.是一家美国数字资产技术及加密货币挖矿企业，总部位于佛罗里达州劳德代尔堡。公司成立于2010年，最初以专利控股公司的模式运营，2010年代后期转向专注于区块链基础设施与数字资产相关业务。
ALL vs MARA — 直观对比
营收规模更大
ALL
是对方的85.7倍
$202.3M
营收增速更快
ALL
高出10.7%
-5.6%
净利率更高
ALL
高出14320.4%
-14298.3%
自由现金流更多
ALL
多$4.1B
$-1.2B
两年增速更快
MARA
近两年复合增速
6.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $17.3B | $202.3M |
| 净利润 | $3.8B | $-1.7B |
| 毛利率 | — | — |
| 营业利润率 | — | -11795.9% |
| 净利率 | 22.1% | -14298.3% |
| 营收同比 | 5.1% | -5.6% |
| 净利润同比 | 98.8% | -423.5% |
| 每股收益（稀释后） | $14.24 | $-4.25 |
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ALLMARA
| Q4 25 | $17.3B | $202.3M | ||
| Q3 25 | $17.3B | $252.4M | ||
| Q2 25 | $16.6B | $238.5M | ||
| Q1 25 | $16.5B | $213.9M | ||
| Q4 24 | $16.5B | $214.4M | ||
| Q3 24 | $16.6B | $131.6M | ||
| Q2 24 | $15.7B | $145.1M | ||
| Q1 24 | $15.3B | $165.2M |
净利润ALLMARA
| Q4 25 | $3.8B | $-1.7B | ||
| Q3 25 | $3.7B | $123.1M | ||
| Q2 25 | $2.1B | $808.2M | ||
| Q1 25 | $595.0M | $-533.4M | ||
| Q4 24 | $1.9B | $528.5M | ||
| Q3 24 | $1.2B | $-124.8M | ||
| Q2 24 | $331.0M | $-199.7M | ||
| Q1 24 | $1.2B | $337.2M |
毛利率ALLMARA
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -2613.4% | ||
| Q3 24 | — | -1065.0% | ||
| Q2 24 | — | -587.6% | ||
| Q1 24 | — | -289.4% |
营业利润率ALLMARA
| Q4 25 | — | -11795.9% | ||
| Q3 25 | — | 18.9% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -253.0% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -130.8% | ||
| Q2 24 | — | -160.1% | ||
| Q1 24 | — | — |
净利率ALLMARA
| Q4 25 | 22.1% | -14298.3% | ||
| Q3 25 | 21.7% | 48.8% | ||
| Q2 25 | 12.7% | 338.9% | ||
| Q1 25 | 3.6% | -249.4% | ||
| Q4 24 | 11.7% | 5367.4% | ||
| Q3 24 | 7.2% | -94.8% | ||
| Q2 24 | 2.1% | -137.6% | ||
| Q1 24 | 8.0% | 204.1% |
每股收益（稀释后）ALLMARA
| Q4 25 | $14.24 | $-4.25 | ||
| Q3 25 | $13.95 | $0.27 | ||
| Q2 25 | $7.76 | $1.84 | ||
| Q1 25 | $2.11 | $-1.55 | ||
| Q4 24 | $7.07 | $1.60 | ||
| Q3 24 | $4.33 | $-0.42 | ||
| Q2 24 | $1.13 | $-0.72 | ||
| Q1 24 | $4.46 | $1.26 |
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 | $4.9B | $547.1M |
| 总债务越低越好 | $7.5B | $3.6B |
| 股东权益账面价值 | $30.6B | $3.5B |
| 总资产 | $119.8B | $7.3B |
| 负债/权益比越低杠杆越低 | 0.24× | 1.04× |
8季度趋势，按日历期对齐
现金及短期投资ALLMARA
| Q4 25 | $4.9B | $547.1M | ||
| Q3 25 | $8.7B | $826.4M | ||
| Q2 25 | $9.6B | $109.5M | ||
| Q1 25 | $6.5B | $196.2M | ||
| Q4 24 | $4.5B | $391.8M | ||
| Q3 24 | $7.0B | $164.3M | ||
| Q2 24 | $5.3B | $256.0M | ||
| Q1 24 | $4.3B | $324.3M |
总债务ALLMARA
| Q4 25 | $7.5B | $3.6B | ||
| Q3 25 | $8.1B | $3.2B | ||
| Q2 25 | $8.1B | $2.3B | ||
| Q1 25 | $8.1B | $2.3B | ||
| Q4 24 | $8.1B | $2.4B | ||
| Q3 24 | $8.1B | $618.7M | ||
| Q2 24 | $8.1B | — | ||
| Q1 24 | $7.9B | — |
股东权益ALLMARA
| Q4 25 | $30.6B | $3.5B | ||
| Q3 25 | $27.5B | $5.2B | ||
| Q2 25 | $24.0B | $4.8B | ||
| Q1 25 | $22.1B | $3.7B | ||
| Q4 24 | $21.4B | $4.1B | ||
| Q3 24 | $20.9B | $2.9B | ||
| Q2 24 | $18.6B | $2.6B | ||
| Q1 24 | $18.6B | $2.5B |
总资产ALLMARA
| Q4 25 | $119.8B | $7.3B | ||
| Q3 25 | $120.4B | $9.2B | ||
| Q2 25 | $115.9B | $7.7B | ||
| Q1 25 | $115.2B | $6.4B | ||
| Q4 24 | $111.6B | $6.8B | ||
| Q3 24 | $113.7B | $3.6B | ||
| Q2 24 | $108.4B | $3.1B | ||
| Q1 24 | $105.2B | $3.0B |
负债/权益比ALLMARA
| Q4 25 | 0.24× | 1.04× | ||
| Q3 25 | 0.29× | 0.63× | ||
| Q2 25 | 0.34× | 0.47× | ||
| Q1 25 | 0.37× | 0.62× | ||
| Q4 24 | 0.38× | 0.59× | ||
| Q3 24 | 0.39× | 0.22× | ||
| Q2 24 | 0.43× | — | ||
| Q1 24 | 0.43× | — |
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 | $3.0B | $-802.7M |
| 自由现金流经营现金流 - 资本支出 | $2.9B | $-1.2B |
| 自由现金流率自由现金流/营收 | 16.7% | -598.0% |
| 资本支出强度资本支出/营收 | 0.5% | 201.2% |
| 现金转化率经营现金流/净利润 | 0.78× | — |
| 过去12个月自由现金流最近4个季度 | $9.9B | $-2.0B |
8季度趋势，按日历期对齐
经营现金流ALLMARA
| Q4 25 | $3.0B | $-802.7M | ||
| Q3 25 | $3.3B | $-199.0M | ||
| Q2 25 | $1.9B | $-163.4M | ||
| Q1 25 | $2.0B | $-215.5M | ||
| Q4 24 | $1.7B | $-677.0M | ||
| Q3 24 | $3.2B | $-160.1M | ||
| Q2 24 | $2.4B | $-115.2M | ||
| Q1 24 | $1.7B | $-88.3M |
自由现金流ALLMARA
| Q4 25 | $2.9B | $-1.2B | ||
| Q3 25 | $3.2B | $-283.9M | ||
| Q2 25 | $1.9B | $-282.4M | ||
| Q1 25 | $1.9B | $-254.3M | ||
| Q4 24 | $1.7B | $-927.8M | ||
| Q3 24 | $3.1B | $-198.1M | ||
| Q2 24 | $2.3B | $-132.4M | ||
| Q1 24 | $1.6B | $-97.4M |
自由现金流率ALLMARA
| Q4 25 | 16.7% | -598.0% | ||
| Q3 25 | 18.8% | -112.5% | ||
| Q2 25 | 11.3% | -118.4% | ||
| Q1 25 | 11.4% | -118.9% | ||
| Q4 24 | 10.0% | -432.8% | ||
| Q3 24 | 18.9% | -150.5% | ||
| Q2 24 | 14.7% | -91.2% | ||
| Q1 24 | 10.6% | -59.0% |
资本支出强度ALLMARA
| Q4 25 | 0.5% | 201.2% | ||
| Q3 25 | 0.3% | 33.6% | ||
| Q2 25 | 0.0% | 49.9% | ||
| Q1 25 | 0.6% | 18.2% | ||
| Q4 24 | 0.3% | 117.0% | ||
| Q3 24 | 0.4% | 28.9% | ||
| Q2 24 | 0.4% | 11.9% | ||
| Q1 24 | 0.3% | 5.5% |
现金转化率ALLMARA
| Q4 25 | 0.78× | — | ||
| Q3 25 | 0.88× | -1.62× | ||
| Q2 25 | 0.89× | -0.20× | ||
| Q1 25 | 3.30× | — | ||
| Q4 24 | 0.88× | -1.28× | ||
| Q3 24 | 2.69× | — | ||
| Q2 24 | 7.13× | — | ||
| Q1 24 | 1.37× | -0.26× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
