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怡安集团（AON）与Ross Stores（ROST）财务数据对比。点击上方公司名可切换其他公司
Ross Stores的季度营收约是怡安集团的1.3倍（$5.6B vs $4.3B），怡安集团净利率更高（39.4% vs 9.1%，领先30.2%），Ross Stores同比增速更快（10.4% vs 3.7%），怡安集团自由现金流更多（$1.3B vs $617.8M），过去两年怡安集团的营收复合增速更高（2.8% vs -3.6%）
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。
Ross Stores, Inc.是美国知名折扣百货连锁集团，旗下核心品牌为Ross Dress for Less，总部位于加利福尼亚州都柏林，是美国规模最大的平价零售商。截至2024年7月，集团在全美43个州、华盛顿特区、波多黎各及关岛共运营1795家门店，暂未覆盖新英格兰地区及阿拉斯加，另拥有门店数超353家的折扣零售品牌DD's Discounts。
AON vs ROST — 直观对比
营收规模更大
ROST
是对方的1.3倍
$4.3B
营收增速更快
ROST
高出6.8%
3.7%
净利率更高
AON
高出30.2%
9.1%
自由现金流更多
AON
多$705.2M
$617.8M
两年增速更快
AON
近两年复合增速
-3.6%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.3B | $5.6B |
| 净利润 | $1.7B | $511.9M |
| 毛利率 | — | 28.0% |
| 营业利润率 | 28.1% | 11.6% |
| 净利率 | 39.4% | 9.1% |
| 营收同比 | 3.7% | 10.4% |
| 净利润同比 | 136.5% | 4.7% |
| 每股收益（稀释后） | $7.82 | $1.58 |
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AONROST
| Q4 25 | $4.3B | $5.6B | ||
| Q3 25 | $4.0B | $5.5B | ||
| Q2 25 | $4.2B | $5.0B | ||
| Q1 25 | $4.7B | $5.9B | ||
| Q4 24 | $4.1B | $5.1B | ||
| Q3 24 | $3.7B | $5.3B | ||
| Q2 24 | $3.8B | $4.9B | ||
| Q1 24 | $4.1B | $6.0B |
净利润AONROST
| Q4 25 | $1.7B | $511.9M | ||
| Q3 25 | $458.0M | $508.0M | ||
| Q2 25 | $579.0M | $479.2M | ||
| Q1 25 | $965.0M | $586.8M | ||
| Q4 24 | $716.0M | $488.8M | ||
| Q3 24 | $343.0M | $527.1M | ||
| Q2 24 | $524.0M | $488.0M | ||
| Q1 24 | $1.1B | $609.7M |
毛利率AONROST
| Q4 25 | — | 28.0% | ||
| Q3 25 | — | 27.6% | ||
| Q2 25 | — | 28.2% | ||
| Q1 25 | — | 26.5% | ||
| Q4 24 | — | 28.3% | ||
| Q3 24 | — | 28.3% | ||
| Q2 24 | — | 28.1% | ||
| Q1 24 | — | 27.3% |
营业利润率AONROST
| Q4 25 | 28.1% | 11.6% | ||
| Q3 25 | 20.4% | 11.5% | ||
| Q2 25 | 20.7% | 12.2% | ||
| Q1 25 | 30.9% | 12.4% | ||
| Q4 24 | 26.3% | 11.9% | ||
| Q3 24 | 16.7% | 12.5% | ||
| Q2 24 | 17.4% | 12.2% | ||
| Q1 24 | 36.0% | 13.2% |
净利率AONROST
| Q4 25 | 39.4% | 9.1% | ||
| Q3 25 | 11.5% | 9.2% | ||
| Q2 25 | 13.9% | 9.6% | ||
| Q1 25 | 20.4% | 9.9% | ||
| Q4 24 | 17.3% | 9.6% | ||
| Q3 24 | 9.2% | 10.0% | ||
| Q2 24 | 13.9% | 10.0% | ||
| Q1 24 | 26.3% | 10.1% |
每股收益（稀释后）AONROST
| Q4 25 | $7.82 | $1.58 | ||
| Q3 25 | $2.11 | $1.56 | ||
| Q2 25 | $2.66 | $1.47 | ||
| Q1 25 | $4.43 | $1.79 | ||
| Q4 24 | $3.11 | $1.48 | ||
| Q3 24 | $1.57 | $1.59 | ||
| Q2 24 | $2.46 | $1.46 | ||
| Q1 24 | $5.35 | $1.82 |
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 | $4.1B |
| 总债务越低越好 | $15.2B | $1.5B |
| 股东权益账面价值 | $9.4B | $5.9B |
| 总资产 | $50.8B | $15.4B |
| 负债/权益比越低杠杆越低 | 1.63× | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资AONROST
| Q4 25 | $2.8B | $4.1B | ||
| Q3 25 | $1.3B | $3.8B | ||
| Q2 25 | $1.4B | $3.8B | ||
| Q1 25 | $1.3B | $4.7B | ||
| Q4 24 | $1.3B | $4.3B | ||
| Q3 24 | $1.3B | $4.7B | ||
| Q2 24 | $1.2B | $4.7B | ||
| Q1 24 | $6.4B | $4.9B |
总债务AONROST
| Q4 25 | $15.2B | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | $17.0B | $2.2B | ||
| Q3 24 | — | $2.5B | ||
| Q2 24 | — | $2.5B | ||
| Q1 24 | — | $2.5B |
股东权益AONROST
| Q4 25 | $9.4B | $5.9B | ||
| Q3 25 | $7.9B | $5.7B | ||
| Q2 25 | $7.8B | $5.6B | ||
| Q1 25 | $7.0B | $5.5B | ||
| Q4 24 | $6.1B | $5.3B | ||
| Q3 24 | $6.2B | $5.1B | ||
| Q2 24 | $5.9B | $4.9B | ||
| Q1 24 | $-133.0M | $4.9B |
总资产AONROST
| Q4 25 | $50.8B | $15.4B | ||
| Q3 25 | $51.6B | $14.5B | ||
| Q2 25 | $54.0B | $14.3B | ||
| Q1 25 | $50.3B | $14.9B | ||
| Q4 24 | $49.0B | $14.9B | ||
| Q3 24 | $49.9B | $14.7B | ||
| Q2 24 | $51.5B | $14.5B | ||
| Q1 24 | $40.8B | $14.3B |
负债/权益比AONROST
| Q4 25 | 1.63× | 0.26× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | 0.27× | ||
| Q1 25 | — | 0.40× | ||
| Q4 24 | 2.78× | 0.42× | ||
| Q3 24 | — | 0.48× | ||
| Q2 24 | — | 0.50× | ||
| Q1 24 | — | 0.51× |
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 | $827.1M |
| 自由现金流经营现金流 - 资本支出 | $1.3B | $617.8M |
| 自由现金流率自由现金流/营收 | 30.8% | 11.0% |
| 资本支出强度资本支出/营收 | 1.7% | 3.7% |
| 现金转化率经营现金流/净利润 | 0.83× | 1.62× |
| 过去12个月自由现金流最近4个季度 | $3.2B | $2.0B |
8季度趋势，按日历期对齐
经营现金流AONROST
| Q4 25 | $1.4B | $827.1M | ||
| Q3 25 | $1.1B | $668.4M | ||
| Q2 25 | $796.0M | $409.7M | ||
| Q1 25 | $140.0M | $882.6M | ||
| Q4 24 | $1.2B | $513.4M | ||
| Q3 24 | $1.0B | $592.1M | ||
| Q2 24 | $513.0M | $368.9M | ||
| Q1 24 | $309.0M | $948.8M |
自由现金流AONROST
| Q4 25 | $1.3B | $617.8M | ||
| Q3 25 | $1.1B | $466.6M | ||
| Q2 25 | $732.0M | $202.3M | ||
| Q1 25 | $84.0M | $676.6M | ||
| Q4 24 | $1.1B | $333.0M | ||
| Q3 24 | $951.0M | $394.6M | ||
| Q2 24 | $460.0M | $232.7M | ||
| Q1 24 | $261.0M | $726.4M |
自由现金流率AONROST
| Q4 25 | 30.8% | 11.0% | ||
| Q3 25 | 27.0% | 8.4% | ||
| Q2 25 | 17.6% | 4.1% | ||
| Q1 25 | 1.8% | 11.4% | ||
| Q4 24 | 27.6% | 6.6% | ||
| Q3 24 | 25.6% | 7.5% | ||
| Q2 24 | 12.2% | 4.8% | ||
| Q1 24 | 6.4% | 12.1% |
资本支出强度AONROST
| Q4 25 | 1.7% | 3.7% | ||
| Q3 25 | 1.7% | 3.6% | ||
| Q2 25 | 1.5% | 4.2% | ||
| Q1 25 | 1.2% | 3.5% | ||
| Q4 24 | 1.3% | 3.6% | ||
| Q3 24 | 1.7% | 3.7% | ||
| Q2 24 | 1.4% | 2.8% | ||
| Q1 24 | 1.2% | 3.7% |
现金转化率AONROST
| Q4 25 | 0.83× | 1.62× | ||
| Q3 25 | 2.51× | 1.32× | ||
| Q2 25 | 1.37× | 0.85× | ||
| Q1 25 | 0.15× | 1.50× | ||
| Q4 24 | 1.68× | 1.05× | ||
| Q3 24 | 2.95× | 1.12× | ||
| Q2 24 | 0.98× | 0.76× | ||
| Q1 24 | 0.29× | 1.56× |
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% |
ROST
暂无分部数据
