vs
怡安集团（AON）与LKQ Corporation（LKQ）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LKQ Corporation的1.4倍（$4.3B vs $3.0B），怡安集团净利率更高（39.4% vs 2.2%，领先37.2%），怡安集团同比增速更快（3.7% vs -9.2%），怡安集团自由现金流更多（$1.3B vs $274.0M），过去两年怡安集团的营收复合增速更高（2.8% vs -9.3%）
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。
LKQ Corporation是来自美国的汽车及其他车辆替代性、特种零配件供应商，主营业务为各类车辆维修、改装所需的替换系统、组件、设备及零配件销售，服务覆盖乘用车、卡车、休闲车、性能车等多种车型，业务网络遍及北美、欧洲及中国台湾地区。
AON vs LKQ — 直观对比
营收规模更大
AON
是对方的1.4倍
$3.0B
营收增速更快
AON
高出12.9%
-9.2%
净利率更高
AON
高出37.2%
2.2%
自由现金流更多
AON
多$1.0B
$274.0M
两年增速更快
AON
近两年复合增速
-9.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.3B | $3.0B |
| 净利润 | $1.7B | $66.0M |
| 毛利率 | — | 37.2% |
| 营业利润率 | 28.1% | 3.9% |
| 净利率 | 39.4% | 2.2% |
| 营收同比 | 3.7% | -9.2% |
| 净利润同比 | 136.5% | -58.0% |
| 每股收益（稀释后） | $7.82 | $0.25 |
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AONLKQ
| Q4 25 | $4.3B | $3.0B | ||
| Q3 25 | $4.0B | $3.5B | ||
| Q2 25 | $4.2B | $3.6B | ||
| Q1 25 | $4.7B | $3.5B | ||
| Q4 24 | $4.1B | $3.4B | ||
| Q3 24 | $3.7B | $3.6B | ||
| Q2 24 | $3.8B | $3.7B | ||
| Q1 24 | $4.1B | $3.7B |
净利润AONLKQ
| Q4 25 | $1.7B | $66.0M | ||
| Q3 25 | $458.0M | $180.0M | ||
| Q2 25 | $579.0M | $193.0M | ||
| Q1 25 | $965.0M | $169.0M | ||
| Q4 24 | $716.0M | $157.0M | ||
| Q3 24 | $343.0M | $192.0M | ||
| Q2 24 | $524.0M | $186.0M | ||
| Q1 24 | $1.1B | $158.0M |
毛利率AONLKQ
| Q4 25 | — | 37.2% | ||
| Q3 25 | — | 38.3% | ||
| Q2 25 | — | 38.8% | ||
| Q1 25 | — | 39.8% | ||
| Q4 24 | — | 39.5% | ||
| Q3 24 | — | 38.9% | ||
| Q2 24 | — | 38.8% | ||
| Q1 24 | — | 39.2% |
营业利润率AONLKQ
| Q4 25 | 28.1% | 3.9% | ||
| Q3 25 | 20.4% | 7.8% | ||
| Q2 25 | 20.7% | 8.6% | ||
| Q1 25 | 30.9% | 8.3% | ||
| Q4 24 | 26.3% | 8.1% | ||
| Q3 24 | 16.7% | 8.6% | ||
| Q2 24 | 17.4% | 8.9% | ||
| Q1 24 | 36.0% | 7.8% |
净利率AONLKQ
| Q4 25 | 39.4% | 2.2% | ||
| Q3 25 | 11.5% | 5.1% | ||
| Q2 25 | 13.9% | 5.3% | ||
| Q1 25 | 20.4% | 4.9% | ||
| Q4 24 | 17.3% | 4.7% | ||
| Q3 24 | 9.2% | 5.4% | ||
| Q2 24 | 13.9% | 5.0% | ||
| Q1 24 | 26.3% | 4.3% |
每股收益（稀释后）AONLKQ
| Q4 25 | $7.82 | $0.25 | ||
| Q3 25 | $2.11 | $0.70 | ||
| Q2 25 | $2.66 | $0.75 | ||
| Q1 25 | $4.43 | $0.65 | ||
| Q4 24 | $3.11 | $0.60 | ||
| Q3 24 | $1.57 | $0.73 | ||
| Q2 24 | $2.46 | $0.70 | ||
| Q1 24 | $5.35 | $0.59 |
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 | $319.0M |
| 总债务越低越好 | $15.2B | — |
| 股东权益账面价值 | $9.4B | $6.5B |
| 总资产 | $50.8B | $15.1B |
| 负债/权益比越低杠杆越低 | 1.63× | — |
8季度趋势，按日历期对齐
现金及短期投资AONLKQ
| Q4 25 | $2.8B | $319.0M | ||
| Q3 25 | $1.3B | $289.0M | ||
| Q2 25 | $1.4B | $289.0M | ||
| Q1 25 | $1.3B | $227.0M | ||
| Q4 24 | $1.3B | $234.0M | ||
| Q3 24 | $1.3B | $353.0M | ||
| Q2 24 | $1.2B | $276.0M | ||
| Q1 24 | $6.4B | $344.0M |
总债务AONLKQ
| Q4 25 | $15.2B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $17.0B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AONLKQ
| Q4 25 | $9.4B | $6.5B | ||
| Q3 25 | $7.9B | $6.6B | ||
| Q2 25 | $7.8B | $6.5B | ||
| Q1 25 | $7.0B | $6.2B | ||
| Q4 24 | $6.1B | $6.0B | ||
| Q3 24 | $6.2B | $6.2B | ||
| Q2 24 | $5.9B | $6.1B | ||
| Q1 24 | $-133.0M | $6.2B |
总资产AONLKQ
| Q4 25 | $50.8B | $15.1B | ||
| Q3 25 | $51.6B | $15.6B | ||
| Q2 25 | $54.0B | $15.9B | ||
| Q1 25 | $50.3B | $15.5B | ||
| Q4 24 | $49.0B | $15.0B | ||
| Q3 24 | $49.9B | $15.5B | ||
| Q2 24 | $51.5B | $15.2B | ||
| Q1 24 | $40.8B | $15.3B |
负债/权益比AONLKQ
| Q4 25 | 1.63× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 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 | $1.4B | $330.0M |
| 自由现金流经营现金流 - 资本支出 | $1.3B | $274.0M |
| 自由现金流率自由现金流/营收 | 30.8% | 9.0% |
| 资本支出强度资本支出/营收 | 1.7% | 1.8% |
| 现金转化率经营现金流/净利润 | 0.83× | 5.00× |
| 过去12个月自由现金流最近4个季度 | $3.2B | $847.0M |
8季度趋势，按日历期对齐
经营现金流AONLKQ
| Q4 25 | $1.4B | $330.0M | ||
| Q3 25 | $1.1B | $440.0M | ||
| Q2 25 | $796.0M | $296.0M | ||
| Q1 25 | $140.0M | $-3.0M | ||
| Q4 24 | $1.2B | $235.0M | ||
| Q3 24 | $1.0B | $420.0M | ||
| Q2 24 | $513.0M | $213.0M | ||
| Q1 24 | $309.0M | $253.0M |
自由现金流AONLKQ
| Q4 25 | $1.3B | $274.0M | ||
| Q3 25 | $1.1B | $387.0M | ||
| Q2 25 | $732.0M | $243.0M | ||
| Q1 25 | $84.0M | $-57.0M | ||
| Q4 24 | $1.1B | $149.0M | ||
| Q3 24 | $951.0M | $341.0M | ||
| Q2 24 | $460.0M | $133.0M | ||
| Q1 24 | $261.0M | $187.0M |
自由现金流率AONLKQ
| Q4 25 | 30.8% | 9.0% | ||
| Q3 25 | 27.0% | 11.1% | ||
| Q2 25 | 17.6% | 6.7% | ||
| Q1 25 | 1.8% | -1.6% | ||
| Q4 24 | 27.6% | 4.4% | ||
| Q3 24 | 25.6% | 9.5% | ||
| Q2 24 | 12.2% | 3.6% | ||
| Q1 24 | 6.4% | 5.0% |
资本支出强度AONLKQ
| Q4 25 | 1.7% | 1.8% | ||
| Q3 25 | 1.7% | 1.5% | ||
| Q2 25 | 1.5% | 1.5% | ||
| Q1 25 | 1.2% | 1.6% | ||
| Q4 24 | 1.3% | 2.6% | ||
| Q3 24 | 1.7% | 2.2% | ||
| Q2 24 | 1.4% | 2.2% | ||
| Q1 24 | 1.2% | 1.8% |
现金转化率AONLKQ
| Q4 25 | 0.83× | 5.00× | ||
| Q3 25 | 2.51× | 2.44× | ||
| Q2 25 | 1.37× | 1.53× | ||
| Q1 25 | 0.15× | -0.02× | ||
| Q4 24 | 1.68× | 1.50× | ||
| Q3 24 | 2.95× | 2.19× | ||
| Q2 24 | 0.98× | 1.15× | ||
| Q1 24 | 0.29× | 1.60× |
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% |
LKQ
| Partsand Services Domain | $1.3B | 42% |
| Other | $1.2B | 40% |
| DE | $463.0M | 15% |
| Other Revenue | $85.0M | 3% |
