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怡安集团（AON）与Hagerty, Inc.（HGTY）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Hagerty, Inc.的28.5倍（$4.3B vs $150.8M）。怡安集团净利率更高（39.4% vs 18.9%，领先20.4%）。Hagerty, Inc.同比增速更快（30.7% vs 3.7%）。怡安集团自由现金流更多（$1.3B vs $23.1M）。过去两年Hagerty, Inc.的营收复合增速更高（12.1% vs 2.8%）
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。
哈格蒂（Hagerty, Inc.）是美国知名汽车生活方式及会员服务企业，同时是全球规模最大的经典老爷车特种保险供应商，总部位于密歇根州特拉弗斯城，业务范围覆盖加拿大、德国及英国市场。
AON vs HGTY — 直观对比
营收规模更大
AON
是对方的28.5倍
$150.8M
营收增速更快
HGTY
高出27.0%
3.7%
净利率更高
AON
高出20.4%
18.9%
自由现金流更多
AON
多$1.3B
$23.1M
两年增速更快
HGTY
近两年复合增速
2.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $4.3B | $150.8M |
| 净利润 | $1.7B | $28.6M |
| 毛利率 | — | — |
| 营业利润率 | 28.1% | 26.3% |
| 净利率 | 39.4% | 18.9% |
| 营收同比 | 3.7% | 30.7% |
| 净利润同比 | 136.5% | 238.4% |
| 每股收益（稀释后） | $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AONHGTY
| Q4 25 | $4.3B | $150.8M | ||
| Q3 25 | $4.0B | $190.0M | ||
| Q2 25 | $4.2B | $188.5M | ||
| Q1 25 | $4.7B | $148.4M | ||
| Q4 24 | $4.1B | $115.4M | ||
| Q3 24 | $3.7B | $157.7M | ||
| Q2 24 | $3.8B | $155.6M | ||
| Q1 24 | $4.1B | $120.1M |
净利润AONHGTY
| Q4 25 | $1.7B | $28.6M | ||
| Q3 25 | $458.0M | $46.2M | ||
| Q2 25 | $579.0M | $47.2M | ||
| Q1 25 | $965.0M | $27.3M | ||
| Q4 24 | $716.0M | $8.4M | ||
| Q3 24 | $343.0M | $19.0M | ||
| Q2 24 | $524.0M | $42.7M | ||
| Q1 24 | $1.1B | $8.2M |
营业利润率AONHGTY
| Q4 25 | 28.1% | 26.3% | ||
| Q3 25 | 20.4% | 18.1% | ||
| Q2 25 | 20.7% | 25.3% | ||
| Q1 25 | 30.9% | 17.3% | ||
| Q4 24 | 26.3% | 5.2% | ||
| Q3 24 | 16.7% | 6.4% | ||
| Q2 24 | 17.4% | 24.5% | ||
| Q1 24 | 36.0% | 10.2% |
净利率AONHGTY
| Q4 25 | 39.4% | 18.9% | ||
| Q3 25 | 11.5% | 24.3% | ||
| Q2 25 | 13.9% | 25.0% | ||
| Q1 25 | 20.4% | 18.4% | ||
| Q4 24 | 17.3% | 7.3% | ||
| Q3 24 | 9.2% | 12.1% | ||
| Q2 24 | 13.9% | 27.4% | ||
| Q1 24 | 26.3% | 6.8% |
每股收益（稀释后）AONHGTY
| Q4 25 | $7.82 | — | ||
| Q3 25 | $2.11 | — | ||
| Q2 25 | $2.66 | — | ||
| Q1 25 | $4.43 | — | ||
| Q4 24 | $3.11 | — | ||
| Q3 24 | $1.57 | — | ||
| Q2 24 | $2.46 | — | ||
| Q1 24 | $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 | $2.8B | $160.2M |
| 总债务越低越好 | $15.2B | $177.9M |
| 股东权益账面价值 | $9.4B | $221.3M |
| 总资产 | $50.8B | $2.1B |
| 负债/权益比越低杠杆越低 | 1.63× | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资AONHGTY
| Q4 25 | $2.8B | $160.2M | ||
| Q3 25 | $1.3B | $290.5M | ||
| Q2 25 | $1.4B | $259.6M | ||
| Q1 25 | $1.3B | $232.7M | ||
| Q4 24 | $1.3B | $178.7M | ||
| Q3 24 | $1.3B | $208.9M | ||
| Q2 24 | $1.2B | $186.4M | ||
| Q1 24 | $6.4B | $131.2M |
总债务AONHGTY
| Q4 25 | $15.2B | $177.9M | ||
| Q3 25 | — | $104.4M | ||
| Q2 25 | — | $153.4M | ||
| Q1 25 | — | $132.6M | ||
| Q4 24 | $17.0B | $105.0M | ||
| Q3 24 | — | $122.9M | ||
| Q2 24 | — | $98.0M | ||
| Q1 24 | — | $91.5M |
股东权益AONHGTY
| Q4 25 | $9.4B | $221.3M | ||
| Q3 25 | $7.9B | $211.7M | ||
| Q2 25 | $7.8B | $172.3M | ||
| Q1 25 | $7.0B | $162.9M | ||
| Q4 24 | $6.1B | $150.3M | ||
| Q3 24 | $6.2B | $148.3M | ||
| Q2 24 | $5.9B | $94.4M | ||
| Q1 24 | $-133.0M | $93.5M |
总资产AONHGTY
| Q4 25 | $50.8B | $2.1B | ||
| Q3 25 | $51.6B | $2.2B | ||
| Q2 25 | $54.0B | $2.0B | ||
| Q1 25 | $50.3B | $1.8B | ||
| Q4 24 | $49.0B | $1.7B | ||
| Q3 24 | $49.9B | $1.8B | ||
| Q2 24 | $51.5B | $1.7B | ||
| Q1 24 | $40.8B | $1.6B |
负债/权益比AONHGTY
| Q4 25 | 1.63× | 0.80× | ||
| Q3 25 | — | 0.49× | ||
| Q2 25 | — | 0.89× | ||
| Q1 25 | — | 0.81× | ||
| Q4 24 | 2.78× | 0.70× | ||
| Q3 24 | — | 0.83× | ||
| Q2 24 | — | 1.04× | ||
| Q1 24 | — | 0.98× |
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 | $1.4B | $29.1M |
| 自由现金流经营现金流 - 资本支出 | $1.3B | $23.1M |
| 自由现金流率自由现金流/营收 | 30.8% | 15.3% |
| 资本支出强度资本支出/营收 | 1.7% | 4.0% |
| 现金转化率经营现金流/净利润 | 0.83× | 1.02× |
| 过去12个月自由现金流最近4个季度 | $3.2B | $194.5M |
8季度趋势，按日历期对齐
经营现金流AONHGTY
| Q4 25 | $1.4B | $29.1M | ||
| Q3 25 | $1.1B | $92.2M | ||
| Q2 25 | $796.0M | $53.9M | ||
| Q1 25 | $140.0M | $43.8M | ||
| Q4 24 | $1.2B | $-12.6M | ||
| Q3 24 | $1.0B | $67.4M | ||
| Q2 24 | $513.0M | $64.0M | ||
| Q1 24 | $309.0M | $58.2M |
自由现金流AONHGTY
| Q4 25 | $1.3B | $23.1M | ||
| Q3 25 | $1.1B | $85.2M | ||
| Q2 25 | $732.0M | $47.7M | ||
| Q1 25 | $84.0M | $38.4M | ||
| Q4 24 | $1.1B | $-16.7M | ||
| Q3 24 | $951.0M | $62.0M | ||
| Q2 24 | $460.0M | $56.6M | ||
| Q1 24 | $261.0M | $53.7M |
自由现金流率AONHGTY
| Q4 25 | 30.8% | 15.3% | ||
| Q3 25 | 27.0% | 44.9% | ||
| Q2 25 | 17.6% | 25.3% | ||
| Q1 25 | 1.8% | 25.9% | ||
| Q4 24 | 27.6% | -14.5% | ||
| Q3 24 | 25.6% | 39.3% | ||
| Q2 24 | 12.2% | 36.4% | ||
| Q1 24 | 6.4% | 44.7% |
资本支出强度AONHGTY
| Q4 25 | 1.7% | 4.0% | ||
| Q3 25 | 1.7% | 3.7% | ||
| Q2 25 | 1.5% | 3.3% | ||
| Q1 25 | 1.2% | 3.6% | ||
| Q4 24 | 1.3% | 3.5% | ||
| Q3 24 | 1.7% | 3.4% | ||
| Q2 24 | 1.4% | 4.8% | ||
| Q1 24 | 1.2% | 3.8% |
现金转化率AONHGTY
| Q4 25 | 0.83× | 1.02× | ||
| Q3 25 | 2.51× | 2.00× | ||
| Q2 25 | 1.37× | 1.14× | ||
| Q1 25 | 0.15× | 1.61× | ||
| Q4 24 | 1.68× | -1.50× | ||
| Q3 24 | 2.95× | 3.55× | ||
| Q2 24 | 0.98× | 1.50× | ||
| Q1 24 | 0.29× | 7.10× |
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
AON
| Commercial Risk Solutions | $2.3B | 54% |
| Health Solutions | $1.1B | 26% |
| Wealth Solutions | $490.0M | 11% |
| Reinsurance Solutions | $379.0M | 9% |
HGTY
暂无分部数据
