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ALT5 Sigma Corp（ALTS）与怡安集团（AON）财务数据对比。点击上方公司名可切换其他公司
怡安集团的季度营收约是ALT5 Sigma Corp的800.3倍（$4.3B vs $5.4M），怡安集团净利率更高（39.4% vs -7100.2%，领先7139.6%），ALT5 Sigma Corp同比增速更快（12.5% vs 3.7%）
ALT5 Sigma Corp是一家专注于数字资产基础设施及交易解决方案的金融科技企业，面向全球零售和机构客户提供受监管的数字资产现货及衍生品交易、安全托管及高效结算服务，核心市场覆盖北美、欧洲及亚太多个国家和地区。
怡安集团（Aon plc）是一家英美背景的专业服务企业，下设两大业务板块：风险资本板块提供风险管理、保险及再保险领域的经纪与咨询服务；人力资本板块提供健康保险、退休及养老金计划、人才咨询等相关服务。
ALTS vs AON — 直观对比
营收规模更大
AON
是对方的800.3倍
$5.4M
营收增速更快
ALTS
高出8.8%
3.7%
净利率更高
AON
高出7139.6%
-7100.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $5.4M | $4.3B |
| 净利润 | $-381.5M | $1.7B |
| 毛利率 | 40.9% | — |
| 营业利润率 | -38.1% | 28.1% |
| 净利率 | -7100.2% | 39.4% |
| 营收同比 | 12.5% | 3.7% |
| 净利润同比 | -7249.1% | 136.5% |
| 每股收益（稀释后） | $-5.53 | $7.82 |
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ALTSAON
| Q4 25 | $5.4M | $4.3B | ||
| Q3 25 | $7.6M | $4.0B | ||
| Q2 25 | $6.4M | $4.2B | ||
| Q1 25 | $5.5M | $4.7B | ||
| Q4 24 | $4.8M | $4.1B | ||
| Q3 24 | $4.9M | $3.7B | ||
| Q2 24 | $2.2M | $3.8B | ||
| Q1 24 | $0 | $4.1B |
净利润ALTSAON
| Q4 25 | $-381.5M | $1.7B | ||
| Q3 25 | $49.0M | $458.0M | ||
| Q2 25 | $-9.1M | $579.0M | ||
| Q1 25 | $-2.9M | $965.0M | ||
| Q4 24 | $-5.2M | $716.0M | ||
| Q3 24 | $-822.0K | $343.0M | ||
| Q2 24 | $589.0K | $524.0M | ||
| Q1 24 | $-2.1M | $1.1B |
毛利率ALTSAON
| Q4 25 | 40.9% | — | ||
| Q3 25 | 34.6% | — | ||
| Q2 25 | 43.5% | — | ||
| Q1 25 | 47.0% | — | ||
| Q4 24 | 45.8% | — | ||
| Q3 24 | 47.8% | — | ||
| Q2 24 | 50.6% | — | ||
| Q1 24 | — | — |
营业利润率ALTSAON
| Q4 25 | -38.1% | 28.1% | ||
| Q3 25 | -218.3% | 20.4% | ||
| Q2 25 | -32.8% | 20.7% | ||
| Q1 25 | -39.4% | 30.9% | ||
| Q4 24 | -40.8% | 26.3% | ||
| Q3 24 | -14.8% | 16.7% | ||
| Q2 24 | -112.2% | 17.4% | ||
| Q1 24 | — | 36.0% |
净利率ALTSAON
| Q4 25 | -7100.2% | 39.4% | ||
| Q3 25 | 646.4% | 11.5% | ||
| Q2 25 | -142.9% | 13.9% | ||
| Q1 25 | -51.9% | 20.4% | ||
| Q4 24 | -108.7% | 17.3% | ||
| Q3 24 | -16.6% | 9.2% | ||
| Q2 24 | 27.2% | 13.9% | ||
| Q1 24 | — | 26.3% |
每股收益（稀释后）ALTSAON
| Q4 25 | $-5.53 | $7.82 | ||
| Q3 25 | $0.29 | $2.11 | ||
| Q2 25 | $-0.49 | $2.66 | ||
| Q1 25 | $-0.18 | $4.43 | ||
| Q4 24 | $-0.35 | $3.11 | ||
| Q3 24 | $-0.06 | $1.57 | ||
| Q2 24 | $0.07 | $2.46 | ||
| Q1 24 | $-0.34 | $5.35 |
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 | $6.2M | $2.8B |
| 总债务越低越好 | $563.0K | $15.2B |
| 股东权益账面价值 | $1.2B | $9.4B |
| 总资产 | $1.2B | $50.8B |
| 负债/权益比越低杠杆越低 | 0.00× | 1.63× |
8季度趋势，按日历期对齐
现金及短期投资ALTSAON
| Q4 25 | $6.2M | $2.8B | ||
| Q3 25 | $7.3M | $1.3B | ||
| Q2 25 | $9.6M | $1.4B | ||
| Q1 25 | $10.8M | $1.3B | ||
| Q4 24 | $7.2M | $1.3B | ||
| Q3 24 | $8.7M | $1.3B | ||
| Q2 24 | $5.8M | $1.2B | ||
| Q1 24 | $61.0K | $6.4B |
总债务ALTSAON
| Q4 25 | $563.0K | $15.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $563.0K | $17.0B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ALTSAON
| Q4 25 | $1.2B | $9.4B | ||
| Q3 25 | $1.6B | $7.9B | ||
| Q2 25 | $26.1M | $7.8B | ||
| Q1 25 | $21.8M | $7.0B | ||
| Q4 24 | $12.4M | $6.1B | ||
| Q3 24 | $20.2M | $6.2B | ||
| Q2 24 | $22.9M | $5.9B | ||
| Q1 24 | $3.8M | $-133.0M |
总资产ALTSAON
| Q4 25 | $1.2B | $50.8B | ||
| Q3 25 | $1.6B | $51.6B | ||
| Q2 25 | $94.7M | $54.0B | ||
| Q1 25 | $78.0M | $50.3B | ||
| Q4 24 | $75.7M | $49.0B | ||
| Q3 24 | $74.9M | $49.9B | ||
| Q2 24 | $75.4M | $51.5B | ||
| Q1 24 | $18.6M | $40.8B |
负债/权益比ALTSAON
| Q4 25 | 0.00× | 1.63× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.05× | 2.78× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $8.3M | $1.4B |
| 自由现金流经营现金流 - 资本支出 | — | $1.3B |
| 自由现金流率自由现金流/营收 | — | 30.8% |
| 资本支出强度资本支出/营收 | — | 1.7% |
| 现金转化率经营现金流/净利润 | — | 0.83× |
| 过去12个月自由现金流最近4个季度 | — | $3.2B |
8季度趋势，按日历期对齐
经营现金流ALTSAON
| Q4 25 | $8.3M | $1.4B | ||
| Q3 25 | $-8.7M | $1.1B | ||
| Q2 25 | $-5.2M | $796.0M | ||
| Q1 25 | $-1.5M | $140.0M | ||
| Q4 24 | $-2.0M | $1.2B | ||
| Q3 24 | $4.2M | $1.0B | ||
| Q2 24 | $80.0K | $513.0M | ||
| Q1 24 | $-544.0K | $309.0M |
自由现金流ALTSAON
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $732.0M | ||
| Q1 25 | — | $84.0M | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $951.0M | ||
| Q2 24 | — | $460.0M | ||
| Q1 24 | — | $261.0M |
自由现金流率ALTSAON
| Q4 25 | — | 30.8% | ||
| Q3 25 | — | 27.0% | ||
| Q2 25 | — | 17.6% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | 27.6% | ||
| Q3 24 | — | 25.6% | ||
| Q2 24 | — | 12.2% | ||
| Q1 24 | — | 6.4% |
资本支出强度ALTSAON
| Q4 25 | — | 1.7% | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 1.2% | ||
| Q4 24 | — | 1.3% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 1.4% | ||
| Q1 24 | — | 1.2% |
现金转化率ALTSAON
| Q4 25 | — | 0.83× | ||
| Q3 25 | -0.18× | 2.51× | ||
| Q2 25 | — | 1.37× | ||
| Q1 25 | — | 0.15× | ||
| Q4 24 | — | 1.68× | ||
| Q3 24 | — | 2.95× | ||
| Q2 24 | 0.14× | 0.98× | ||
| Q1 24 | — | 0.29× |
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
ALTS
暂无分部数据
AON
| Commercial Risk Solutions | $2.3B | 54% |
| Health Solutions | $1.1B | 26% |
| Wealth Solutions | $490.0M | 11% |
| Reinsurance Solutions | $379.0M | 9% |
