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好事达（ALL）与标普全球（SPGI）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标普全球的4.4倍（$17.3B vs $3.9B）。标普全球净利率更高（28.9% vs 22.1%，领先6.8%）。标普全球同比增速更快（9.0% vs 5.1%）。好事达自由现金流更多（$2.9B vs $1.7B）。过去两年好事达的营收复合增速更高（6.6% vs 5.9%）
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。
标普全球是总部位于美国纽约曼哈顿的上市企业，核心业务涵盖金融信息、数据分析、能源及大宗商品情报服务，旗下拥有标普全球评级、标普全球市场财智、标普全球能源、标普全球移动、印度信用评级机构CRISIL等业务板块，同时控股合资企业标普道琼斯指数。
ALL vs SPGI — 直观对比
营收规模更大
ALL
是对方的4.4倍
$3.9B
营收增速更快
SPGI
高出3.9%
5.1%
净利率更高
SPGI
高出6.8%
22.1%
自由现金流更多
ALL
多$1.2B
$1.7B
两年增速更快
ALL
近两年复合增速
5.9%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $17.3B | $3.9B |
| 净利润 | $3.8B | $1.1B |
| 毛利率 | — | 70.1% |
| 营业利润率 | — | 42.7% |
| 净利率 | 22.1% | 28.9% |
| 营收同比 | 5.1% | 9.0% |
| 净利润同比 | 98.8% | 28.9% |
| 每股收益（稀释后） | $14.24 | $3.76 |
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ALLSPGI
| Q4 25 | $17.3B | $3.9B | ||
| Q3 25 | $17.3B | $3.9B | ||
| Q2 25 | $16.6B | $3.8B | ||
| Q1 25 | $16.5B | $3.8B | ||
| Q4 24 | $16.5B | $3.6B | ||
| Q3 24 | $16.6B | $3.6B | ||
| Q2 24 | $15.7B | $3.5B | ||
| Q1 24 | $15.3B | $3.5B |
净利润ALLSPGI
| Q4 25 | $3.8B | $1.1B | ||
| Q3 25 | $3.7B | $1.2B | ||
| Q2 25 | $2.1B | $1.1B | ||
| Q1 25 | $595.0M | $1.1B | ||
| Q4 24 | $1.9B | $879.0M | ||
| Q3 24 | $1.2B | $971.0M | ||
| Q2 24 | $331.0M | $1.0B | ||
| Q1 24 | $1.2B | $991.0M |
毛利率ALLSPGI
| Q4 25 | — | 70.1% | ||
| Q3 25 | — | 71.2% | ||
| Q2 25 | — | 70.2% | ||
| Q1 25 | — | 69.5% | ||
| Q4 24 | — | 69.8% | ||
| Q3 24 | — | 70.0% | ||
| Q2 24 | — | 69.4% | ||
| Q1 24 | — | 67.9% |
营业利润率ALLSPGI
| Q4 25 | — | 42.7% | ||
| Q3 25 | — | 43.1% | ||
| Q2 25 | — | 41.3% | ||
| Q1 25 | — | 41.8% | ||
| Q4 24 | — | 36.4% | ||
| Q3 24 | — | 40.1% | ||
| Q2 24 | — | 40.9% | ||
| Q1 24 | — | 39.7% |
净利率ALLSPGI
| Q4 25 | 22.1% | 28.9% | ||
| Q3 25 | 21.7% | 30.2% | ||
| Q2 25 | 12.7% | 28.5% | ||
| Q1 25 | 3.6% | 28.9% | ||
| Q4 24 | 11.7% | 24.5% | ||
| Q3 24 | 7.2% | 27.2% | ||
| Q2 24 | 2.1% | 28.5% | ||
| Q1 24 | 8.0% | 28.4% |
每股收益（稀释后）ALLSPGI
| Q4 25 | $14.24 | $3.76 | ||
| Q3 25 | $13.95 | $3.86 | ||
| Q2 25 | $7.76 | $3.50 | ||
| Q1 25 | $2.11 | $3.54 | ||
| Q4 24 | $7.07 | $2.85 | ||
| Q3 24 | $4.33 | $3.11 | ||
| Q2 24 | $1.13 | $3.23 | ||
| Q1 24 | $4.46 | $3.16 |
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 | $1.8B |
| 总债务越低越好 | $7.5B | $13.1B |
| 股东权益账面价值 | $30.6B | $31.1B |
| 总资产 | $119.8B | $61.2B |
| 负债/权益比越低杠杆越低 | 0.24× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资ALLSPGI
| Q4 25 | $4.9B | $1.8B | ||
| Q3 25 | $8.7B | $1.7B | ||
| Q2 25 | $9.6B | $1.8B | ||
| Q1 25 | $6.5B | $1.5B | ||
| Q4 24 | $4.5B | $1.7B | ||
| Q3 24 | $7.0B | $1.7B | ||
| Q2 24 | $5.3B | $2.0B | ||
| Q1 24 | $4.3B | $1.5B |
总债务ALLSPGI
| Q4 25 | $7.5B | $13.1B | ||
| Q3 25 | $8.1B | $11.4B | ||
| Q2 25 | $8.1B | $11.4B | ||
| Q1 25 | $8.1B | $11.4B | ||
| Q4 24 | $8.1B | $11.4B | ||
| Q3 24 | $8.1B | $11.4B | ||
| Q2 24 | $8.1B | $11.4B | ||
| Q1 24 | $7.9B | $11.7B |
股东权益ALLSPGI
| Q4 25 | $30.6B | $31.1B | ||
| Q3 25 | $27.5B | $33.1B | ||
| Q2 25 | $24.0B | $33.4B | ||
| Q1 25 | $22.1B | $33.4B | ||
| Q4 24 | $21.4B | $33.2B | ||
| Q3 24 | $20.9B | $34.0B | ||
| Q2 24 | $18.6B | $34.9B | ||
| Q1 24 | $18.6B | $34.3B |
总资产ALLSPGI
| Q4 25 | $119.8B | $61.2B | ||
| Q3 25 | $120.4B | $59.7B | ||
| Q2 25 | $115.9B | $60.4B | ||
| Q1 25 | $115.2B | $59.9B | ||
| Q4 24 | $111.6B | $60.2B | ||
| Q3 24 | $113.7B | $60.4B | ||
| Q2 24 | $108.4B | $61.0B | ||
| Q1 24 | $105.2B | $60.5B |
负债/权益比ALLSPGI
| Q4 25 | 0.24× | 0.42× | ||
| Q3 25 | 0.29× | 0.34× | ||
| Q2 25 | 0.34× | 0.34× | ||
| Q1 25 | 0.37× | 0.34× | ||
| Q4 24 | 0.38× | 0.34× | ||
| Q3 24 | 0.39× | 0.34× | ||
| Q2 24 | 0.43× | 0.33× | ||
| Q1 24 | 0.43× | 0.34× |
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 | $1.7B |
| 自由现金流经营现金流 - 资本支出 | $2.9B | $1.7B |
| 自由现金流率自由现金流/营收 | 16.7% | 43.5% |
| 资本支出强度资本支出/营收 | 0.5% | 1.2% |
| 现金转化率经营现金流/净利润 | 0.78× | 1.54× |
| 过去12个月自由现金流最近4个季度 | $9.9B | $5.5B |
8季度趋势，按日历期对齐
经营现金流ALLSPGI
| Q4 25 | $3.0B | $1.7B | ||
| Q3 25 | $3.3B | $1.5B | ||
| Q2 25 | $1.9B | $1.4B | ||
| Q1 25 | $2.0B | $953.0M | ||
| Q4 24 | $1.7B | $1.7B | ||
| Q3 24 | $3.2B | $1.4B | ||
| Q2 24 | $2.4B | $1.6B | ||
| Q1 24 | $1.7B | $948.0M |
自由现金流ALLSPGI
| Q4 25 | $2.9B | $1.7B | ||
| Q3 25 | $3.2B | $1.5B | ||
| Q2 25 | $1.9B | $1.4B | ||
| Q1 25 | $1.9B | $910.0M | ||
| Q4 24 | $1.7B | $1.7B | ||
| Q3 24 | $3.1B | $1.4B | ||
| Q2 24 | $2.3B | $1.5B | ||
| Q1 24 | $1.6B | $924.0M |
自由现金流率ALLSPGI
| Q4 25 | 16.7% | 43.5% | ||
| Q3 25 | 18.8% | 37.6% | ||
| Q2 25 | 11.3% | 36.9% | ||
| Q1 25 | 11.4% | 24.1% | ||
| Q4 24 | 10.0% | 47.5% | ||
| Q3 24 | 18.9% | 39.4% | ||
| Q2 24 | 14.7% | 42.9% | ||
| Q1 24 | 10.6% | 26.5% |
资本支出强度ALLSPGI
| Q4 25 | 0.5% | 1.2% | ||
| Q3 25 | 0.3% | 1.2% | ||
| Q2 25 | 0.0% | 1.6% | ||
| Q1 25 | 0.6% | 1.1% | ||
| Q4 24 | 0.3% | 0.9% | ||
| Q3 24 | 0.4% | 1.0% | ||
| Q2 24 | 0.4% | 0.9% | ||
| Q1 24 | 0.3% | 0.7% |
现金转化率ALLSPGI
| Q4 25 | 0.78× | 1.54× | ||
| Q3 25 | 0.88× | 1.28× | ||
| Q2 25 | 0.89× | 1.35× | ||
| Q1 25 | 3.30× | 0.87× | ||
| Q4 24 | 0.88× | 1.98× | ||
| Q3 24 | 2.69× | 1.49× | ||
| Q2 24 | 7.13× | 1.54× | ||
| Q1 24 | 1.37× | 0.96× |
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
ALL
暂无分部数据
SPGI
| Subscription | $1.1B | 27% |
| Other | $706.0M | 18% |
| Non Transaction | $602.0M | 15% |
| Indices Segment | $495.0M | 13% |
| Mobility Segment | $444.0M | 11% |
| Asset Linked Fees | $329.0M | 8% |
| Recurring Variable Revenue | $157.0M | 4% |
| Related Party | $46.0M | 1% |
| Non Subscription Transaction | $45.0M | 1% |
| Sales Usage Based Royalties | $30.0M | 1% |
