vs
好事达（ALL）与NMI Holdings, Inc.（NMIH）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NMI Holdings, Inc.的96.0倍（$17.3B vs $180.7M）。NMI Holdings, Inc.净利率更高（52.1% vs 22.1%，领先30.0%）。NMI Holdings, Inc.同比增速更快（8.5% vs 5.1%）。好事达自由现金流更多（$2.9B vs $60.1M）。过去两年NMI Holdings, Inc.的营收复合增速更高（7.5% 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。
NMI控股是美国头部私人抵押贷款保险服务商，主要为贷款机构提供抵押贷款担保保险产品，降低住房抵押贷款信用风险，服务美国本土住宅市场，助力符合资质的购房者获得购房便利，同时保护放贷机构免受违约损失。
ALL vs NMIH — 直观对比
营收规模更大
ALL
是对方的96.0倍
$180.7M
营收增速更快
NMIH
高出3.5%
5.1%
净利率更高
NMIH
高出30.0%
22.1%
自由现金流更多
ALL
多$2.8B
$60.1M
两年增速更快
NMIH
近两年复合增速
6.6%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $17.3B | $180.7M |
| 净利润 | $3.8B | $94.2M |
| 毛利率 | — | — |
| 营业利润率 | — | 67.0% |
| 净利率 | 22.1% | 52.1% |
| 营收同比 | 5.1% | 8.5% |
| 净利润同比 | 98.8% | 9.3% |
| 每股收益（稀释后） | $14.24 | $1.21 |
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ALLNMIH
| Q4 25 | $17.3B | $180.7M | ||
| Q3 25 | $17.3B | $178.7M | ||
| Q2 25 | $16.6B | $173.8M | ||
| Q1 25 | $16.5B | $173.2M | ||
| Q4 24 | $16.5B | $166.5M | ||
| Q3 24 | $16.6B | $166.1M | ||
| Q2 24 | $15.7B | $162.1M | ||
| Q1 24 | $15.3B | $156.3M |
净利润ALLNMIH
| Q4 25 | $3.8B | $94.2M | ||
| Q3 25 | $3.7B | $96.0M | ||
| Q2 25 | $2.1B | $96.2M | ||
| Q1 25 | $595.0M | $102.6M | ||
| Q4 24 | $1.9B | $86.2M | ||
| Q3 24 | $1.2B | $92.8M | ||
| Q2 24 | $331.0M | $92.1M | ||
| Q1 24 | $1.2B | $89.0M |
营业利润率ALLNMIH
| Q4 25 | — | 67.0% | ||
| Q3 25 | — | 69.2% | ||
| Q2 25 | — | 71.1% | ||
| Q1 25 | — | 75.8% | ||
| Q4 24 | — | 66.6% | ||
| Q3 24 | — | 71.8% | ||
| Q2 24 | — | 73.2% | ||
| Q1 24 | — | 73.3% |
净利率ALLNMIH
| Q4 25 | 22.1% | 52.1% | ||
| Q3 25 | 21.7% | 53.7% | ||
| Q2 25 | 12.7% | 55.3% | ||
| Q1 25 | 3.6% | 59.2% | ||
| Q4 24 | 11.7% | 51.8% | ||
| Q3 24 | 7.2% | 55.9% | ||
| Q2 24 | 2.1% | 56.8% | ||
| Q1 24 | 8.0% | 57.0% |
每股收益（稀释后）ALLNMIH
| Q4 25 | $14.24 | $1.21 | ||
| Q3 25 | $13.95 | $1.22 | ||
| Q2 25 | $7.76 | $1.21 | ||
| Q1 25 | $2.11 | $1.28 | ||
| Q4 24 | $7.07 | $1.07 | ||
| Q3 24 | $4.33 | $1.15 | ||
| Q2 24 | $1.13 | $1.13 | ||
| Q1 24 | $4.46 | $1.08 |
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 | — |
| 总债务越低越好 | $7.5B | — |
| 股东权益账面价值 | $30.6B | $2.6B |
| 总资产 | $119.8B | $3.8B |
| 负债/权益比越低杠杆越低 | 0.24× | — |
8季度趋势，按日历期对齐
现金及短期投资ALLNMIH
| Q4 25 | $4.9B | — | ||
| Q3 25 | $8.7B | — | ||
| Q2 25 | $9.6B | — | ||
| Q1 25 | $6.5B | — | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $7.0B | — | ||
| Q2 24 | $5.3B | — | ||
| Q1 24 | $4.3B | — |
总债务ALLNMIH
| Q4 25 | $7.5B | — | ||
| Q3 25 | $8.1B | — | ||
| Q2 25 | $8.1B | — | ||
| Q1 25 | $8.1B | — | ||
| Q4 24 | $8.1B | — | ||
| Q3 24 | $8.1B | — | ||
| Q2 24 | $8.1B | — | ||
| Q1 24 | $7.9B | — |
股东权益ALLNMIH
| Q4 25 | $30.6B | $2.6B | ||
| Q3 25 | $27.5B | $2.5B | ||
| Q2 25 | $24.0B | $2.4B | ||
| Q1 25 | $22.1B | $2.3B | ||
| Q4 24 | $21.4B | $2.2B | ||
| Q3 24 | $20.9B | $2.2B | ||
| Q2 24 | $18.6B | $2.0B | ||
| Q1 24 | $18.6B | $2.0B |
总资产ALLNMIH
| Q4 25 | $119.8B | $3.8B | ||
| Q3 25 | $120.4B | $3.7B | ||
| Q2 25 | $115.9B | $3.6B | ||
| Q1 25 | $115.2B | $3.5B | ||
| Q4 24 | $111.6B | $3.3B | ||
| Q3 24 | $113.7B | $3.3B | ||
| Q2 24 | $108.4B | $3.1B | ||
| Q1 24 | $105.2B | $3.0B |
负债/权益比ALLNMIH
| Q4 25 | 0.24× | — | ||
| Q3 25 | 0.29× | — | ||
| Q2 25 | 0.34× | — | ||
| Q1 25 | 0.37× | — | ||
| Q4 24 | 0.38× | — | ||
| Q3 24 | 0.39× | — | ||
| 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 | $61.7M |
| 自由现金流经营现金流 - 资本支出 | $2.9B | $60.1M |
| 自由现金流率自由现金流/营收 | 16.7% | 33.3% |
| 资本支出强度资本支出/营收 | 0.5% | 0.9% |
| 现金转化率经营现金流/净利润 | 0.78× | 0.66× |
| 过去12个月自由现金流最近4个季度 | $9.9B | $412.5M |
8季度趋势，按日历期对齐
经营现金流ALLNMIH
| Q4 25 | $3.0B | $61.7M | ||
| Q3 25 | $3.3B | $128.0M | ||
| Q2 25 | $1.9B | $128.4M | ||
| Q1 25 | $2.0B | $101.2M | ||
| Q4 24 | $1.7B | $35.8M | ||
| Q3 24 | $3.2B | $128.4M | ||
| Q2 24 | $2.4B | $117.8M | ||
| Q1 24 | $1.7B | $111.6M |
自由现金流ALLNMIH
| Q4 25 | $2.9B | $60.1M | ||
| Q3 25 | $3.2B | $126.3M | ||
| Q2 25 | $1.9B | $126.7M | ||
| Q1 25 | $1.9B | $99.4M | ||
| Q4 24 | $1.7B | $34.4M | ||
| Q3 24 | $3.1B | $126.9M | ||
| Q2 24 | $2.3B | $115.9M | ||
| Q1 24 | $1.6B | $109.4M |
自由现金流率ALLNMIH
| Q4 25 | 16.7% | 33.3% | ||
| Q3 25 | 18.8% | 70.7% | ||
| Q2 25 | 11.3% | 72.9% | ||
| Q1 25 | 11.4% | 57.4% | ||
| Q4 24 | 10.0% | 20.7% | ||
| Q3 24 | 18.9% | 76.4% | ||
| Q2 24 | 14.7% | 71.5% | ||
| Q1 24 | 10.6% | 70.0% |
资本支出强度ALLNMIH
| Q4 25 | 0.5% | 0.9% | ||
| Q3 25 | 0.3% | 1.0% | ||
| Q2 25 | 0.0% | 0.9% | ||
| Q1 25 | 0.6% | 1.0% | ||
| Q4 24 | 0.3% | 0.8% | ||
| Q3 24 | 0.4% | 0.9% | ||
| Q2 24 | 0.4% | 1.1% | ||
| Q1 24 | 0.3% | 1.4% |
现金转化率ALLNMIH
| Q4 25 | 0.78× | 0.66× | ||
| Q3 25 | 0.88× | 1.33× | ||
| Q2 25 | 0.89× | 1.33× | ||
| Q1 25 | 3.30× | 0.99× | ||
| Q4 24 | 0.88× | 0.42× | ||
| Q3 24 | 2.69× | 1.38× | ||
| Q2 24 | 7.13× | 1.28× | ||
| Q1 24 | 1.37× | 1.25× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
