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AlTi Global, Inc.（ALTI）与富兰克林邓普顿（BEN）财务数据对比。点击上方公司名可切换其他公司
富兰克林邓普顿的季度营收约是AlTi Global, Inc.的26.9倍（$2.3B vs $86.6M）。富兰克林邓普顿净利率更高（11.0% vs -15.1%，领先26.1%）。AlTi Global, Inc.同比增速更快（87.0% vs 3.4%）。过去两年AlTi Global, Inc.的营收复合增速更高（30.6% vs 4.0%）
该公司原名Cristal Global，是全球第二大二氧化钛生产商，同时也是钛化学品的龙头供应商，由原国家二氧化钛有限公司与 Millennium Chemicals 合并组建而成，总部设于沙特阿拉伯吉达。该公司是全球第五大二氧化钛原料生产商Bemax的重要股东。
富兰克林资源（运营品牌为富兰克林邓普顿）是美国跨国投资管理控股集团，1947年创立于纽约，纽交所上市代码为BEN，命名源自创始人敬仰的本杰明·富兰克林，是全球知名的综合投资服务机构。
ALTI vs BEN — 直观对比
营收规模更大
BEN
是对方的26.9倍
$86.6M
营收增速更快
ALTI
高出83.7%
3.4%
净利率更高
BEN
高出26.1%
-15.1%
两年增速更快
ALTI
近两年复合增速
4.0%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $86.6M | $2.3B |
| 净利润 | $-13.1M | $255.5M |
| 毛利率 | — | — |
| 营业利润率 | -2.1% | 12.1% |
| 净利率 | -15.1% | 11.0% |
| 营收同比 | 87.0% | 3.4% |
| 净利润同比 | 75.6% | 56.2% |
| 每股收益（稀释后） | — | $0.46 |
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ALTIBEN
| Q4 25 | $86.6M | $2.3B | ||
| Q3 25 | $57.2M | $2.3B | ||
| Q2 25 | $53.1M | $2.1B | ||
| Q1 25 | $58.0M | $2.1B | ||
| Q4 24 | $46.3M | $2.3B | ||
| Q3 24 | $51.8M | $2.2B | ||
| Q2 24 | $49.5M | $2.1B | ||
| Q1 24 | $50.8M | $2.2B |
净利润ALTIBEN
| Q4 25 | $-13.1M | $255.5M | ||
| Q3 25 | $-84.1M | $117.6M | ||
| Q2 25 | $-24.4M | $92.3M | ||
| Q1 25 | $1.9M | $151.4M | ||
| Q4 24 | $-53.8M | $163.6M | ||
| Q3 24 | $-72.5M | $-84.7M | ||
| Q2 24 | $-6.4M | $174.0M | ||
| Q1 24 | $29.7M | $124.2M |
营业利润率ALTIBEN
| Q4 25 | -2.1% | 12.1% | ||
| Q3 25 | -49.8% | 3.6% | ||
| Q2 25 | -56.7% | 7.5% | ||
| Q1 25 | -23.3% | 6.9% | ||
| Q4 24 | -42.7% | 9.7% | ||
| Q3 24 | -18.4% | -6.8% | ||
| Q2 24 | -30.2% | 10.5% | ||
| Q1 24 | -28.9% | 6.0% |
净利率ALTIBEN
| Q4 25 | -15.1% | 11.0% | ||
| Q3 25 | -147.0% | 5.0% | ||
| Q2 25 | -45.9% | 4.5% | ||
| Q1 25 | 3.3% | 7.2% | ||
| Q4 24 | -116.1% | 7.3% | ||
| Q3 24 | -140.0% | -3.8% | ||
| Q2 24 | -12.9% | 8.2% | ||
| Q1 24 | 58.4% | 5.8% |
每股收益（稀释后）ALTIBEN
| Q4 25 | — | $0.46 | ||
| Q3 25 | — | $0.21 | ||
| Q2 25 | $-0.33 | $0.15 | ||
| Q1 25 | $-0.04 | $0.26 | ||
| Q4 24 | $-0.71 | $0.29 | ||
| Q3 24 | $-0.88 | $-0.20 | ||
| Q2 24 | $-0.18 | $0.32 | ||
| Q1 24 | $0.18 | $0.23 |
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 | $41.2M | — |
| 总债务越低越好 | $883.0K | $2.4B |
| 股东权益账面价值 | $600.1M | $12.1B |
| 总资产 | $1.2B | $32.5B |
| 负债/权益比越低杠杆越低 | 0.00× | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资ALTIBEN
| Q4 25 | $41.2M | — | ||
| Q3 25 | $35.8M | — | ||
| Q2 25 | $42.4M | — | ||
| Q1 25 | $52.8M | — | ||
| Q4 24 | $64.4M | — | ||
| Q3 24 | $220.6M | — | ||
| Q2 24 | $60.0M | — | ||
| Q1 24 | $134.2M | — |
总债务ALTIBEN
| Q4 25 | $883.0K | $2.4B | ||
| Q3 25 | $586.0K | $2.4B | ||
| Q2 25 | $673.0K | $2.7B | ||
| Q1 25 | — | $2.7B | ||
| Q4 24 | $0 | $2.8B | ||
| Q3 24 | $128.4M | $2.8B | ||
| Q2 24 | $164.0M | $3.0B | ||
| Q1 24 | $183.7M | $3.0B |
股东权益ALTIBEN
| Q4 25 | $600.1M | $12.1B | ||
| Q3 25 | $607.2M | $12.1B | ||
| Q2 25 | $685.4M | $12.2B | ||
| Q1 25 | $665.2M | $12.3B | ||
| Q4 24 | $658.4M | $12.5B | ||
| Q3 24 | $707.0M | $12.5B | ||
| Q2 24 | $540.2M | $12.9B | ||
| Q1 24 | $510.9M | $12.9B |
总资产ALTIBEN
| Q4 25 | $1.2B | $32.5B | ||
| Q3 25 | $1.2B | $32.4B | ||
| Q2 25 | $1.2B | $32.6B | ||
| Q1 25 | $1.2B | $32.0B | ||
| Q4 24 | $1.3B | $32.4B | ||
| Q3 24 | $1.4B | $32.5B | ||
| Q2 24 | $1.3B | $33.3B | ||
| Q1 24 | $1.3B | $32.9B |
负债/权益比ALTIBEN
| Q4 25 | 0.00× | 0.19× | ||
| Q3 25 | 0.00× | 0.20× | ||
| Q2 25 | 0.00× | 0.22× | ||
| Q1 25 | — | 0.22× | ||
| Q4 24 | 0.00× | 0.22× | ||
| Q3 24 | 0.18× | 0.22× | ||
| Q2 24 | 0.30× | 0.24× | ||
| Q1 24 | 0.36× | 0.24× |
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 | — | $-255.1M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 0.0% | — |
| 现金转化率经营现金流/净利润 | — | -1.00× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流ALTIBEN
| Q4 25 | — | $-255.1M | ||
| Q3 25 | — | $-20.7M | ||
| Q2 25 | $-19.9M | $1.3B | ||
| Q1 25 | $-30.2M | $-50.1M | ||
| Q4 24 | $-56.0K | $-145.2M | ||
| Q3 24 | $-4.9M | $558.2M | ||
| Q2 24 | $-30.2M | $528.4M | ||
| Q1 24 | $-15.5M | $136.6M |
自由现金流ALTIBEN
| Q4 25 | — | — | ||
| Q3 25 | — | $-51.9M | ||
| Q2 25 | $-20.0M | $1.3B | ||
| Q1 25 | $-31.0M | $-87.6M | ||
| Q4 24 | $-1.8M | $-217.0M | ||
| Q3 24 | $-9.4M | $488.4M | ||
| Q2 24 | $-31.2M | $482.3M | ||
| Q1 24 | $-15.7M | $94.9M |
自由现金流率ALTIBEN
| Q4 25 | — | — | ||
| Q3 25 | — | -2.2% | ||
| Q2 25 | -37.6% | 61.4% | ||
| Q1 25 | -53.4% | -4.1% | ||
| Q4 24 | -4.0% | -9.6% | ||
| Q3 24 | -18.2% | 22.1% | ||
| Q2 24 | -63.2% | 22.7% | ||
| Q1 24 | -30.9% | 4.4% |
资本支出强度ALTIBEN
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.0% | 1.3% | ||
| Q2 25 | 0.0% | 0.7% | ||
| Q1 25 | 1.3% | 1.8% | ||
| Q4 24 | 3.9% | 3.2% | ||
| Q3 24 | 8.7% | 3.2% | ||
| Q2 24 | 2.2% | 2.2% | ||
| Q1 24 | 0.4% | 1.9% |
现金转化率ALTIBEN
| Q4 25 | — | -1.00× | ||
| Q3 25 | — | -0.18× | ||
| Q2 25 | — | 13.89× | ||
| Q1 25 | -15.80× | -0.33× | ||
| Q4 24 | — | -0.89× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.04× | ||
| Q1 24 | -0.52× | 1.10× |
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
ALTI
| Management Advisory Fees | $51.1M | 59% |
| Other | $32.7M | 38% |
| Distributions From Investments | $2.9M | 3% |
BEN
| Investment Advisory Management And Administrative Service | $1.8B | 79% |
| Sales And Distribution Fees | $388.7M | 17% |
| Shareholder Service | $70.9M | 3% |
| Service Other | $19.6M | 1% |
