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怡安集团（AON）与STEWART INFORMATION SERVICES CORP（STC）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STEWART INFORMATION SERVICES CORP的5.6倍（$4.3B vs $764.6M）。怡安集团净利率更高（39.4% vs 2.2%，领先37.1%）。STEWART INFORMATION SERVICES CORP同比增速更快（27.7% vs 3.7%）。过去两年STEWART INFORMATION SERVICES CORP的营收复合增速更高（12.7% 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。
斯图尔特信息服务公司（STC）是一家主营房地产信息、产权保险及交易管理服务的企业，旗下全资子公司斯图尔特产权担保公司、斯图尔特产权公司通过直营网点、斯图尔特可信供应商网络内的独立代理机构及合作企业，为美国及全球市场提供相关产品与服务，总部位于得克萨斯州休斯敦，现有员工约6350人。
AON vs STC — 直观对比
营收规模更大
AON
是对方的5.6倍
$764.6M
营收增速更快
STC
高出24.0%
3.7%
净利率更高
AON
高出37.1%
2.2%
两年增速更快
STC
近两年复合增速
2.8%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $4.3B | $764.6M |
| 净利润 | $1.7B | $17.0M |
| 毛利率 | — | — |
| 营业利润率 | 28.1% | — |
| 净利率 | 39.4% | 2.2% |
| 营收同比 | 3.7% | 27.7% |
| 净利润同比 | 136.5% | 448.4% |
| 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AONSTC
| Q1 26 | — | $764.6M | ||
| Q4 25 | $4.3B | $790.6M | ||
| Q3 25 | $4.0B | $796.9M | ||
| Q2 25 | $4.2B | $722.2M | ||
| Q1 25 | $4.7B | $612.0M | ||
| Q4 24 | $4.1B | $665.9M | ||
| Q3 24 | $3.7B | $667.9M | ||
| Q2 24 | $3.8B | $602.2M |
净利润AONSTC
| Q1 26 | — | $17.0M | ||
| Q4 25 | $1.7B | $36.3M | ||
| Q3 25 | $458.0M | $44.3M | ||
| Q2 25 | $579.0M | $31.9M | ||
| Q1 25 | $965.0M | $3.1M | ||
| Q4 24 | $716.0M | $22.7M | ||
| Q3 24 | $343.0M | $30.1M | ||
| Q2 24 | $524.0M | $17.3M |
营业利润率AONSTC
| Q1 26 | — | — | ||
| Q4 25 | 28.1% | 6.5% | ||
| Q3 25 | 20.4% | 7.7% | ||
| Q2 25 | 20.7% | 6.5% | ||
| Q1 25 | 30.9% | 1.0% | ||
| Q4 24 | 26.3% | 5.3% | ||
| Q3 24 | 16.7% | 6.4% | ||
| Q2 24 | 17.4% | 4.8% |
净利率AONSTC
| Q1 26 | — | 2.2% | ||
| Q4 25 | 39.4% | 4.6% | ||
| Q3 25 | 11.5% | 5.6% | ||
| Q2 25 | 13.9% | 4.4% | ||
| Q1 25 | 20.4% | 0.5% | ||
| Q4 24 | 17.3% | 3.4% | ||
| Q3 24 | 9.2% | 4.5% | ||
| Q2 24 | 13.9% | 2.9% |
每股收益（稀释后）AONSTC
| Q1 26 | — | — | ||
| Q4 25 | $7.82 | $1.26 | ||
| Q3 25 | $2.11 | $1.55 | ||
| Q2 25 | $2.66 | $1.13 | ||
| Q1 25 | $4.43 | $0.11 | ||
| Q4 24 | $3.11 | $0.81 | ||
| Q3 24 | $1.57 | $1.07 | ||
| Q2 24 | $2.46 | $0.62 |
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 | $317.5M |
| 总债务越低越好 | $15.2B | — |
| 股东权益账面价值 | $9.4B | — |
| 总资产 | $50.8B | — |
| 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AONSTC
| Q1 26 | — | $317.5M | ||
| Q4 25 | $2.8B | $369.7M | ||
| Q3 25 | $1.3B | $233.2M | ||
| Q2 25 | $1.4B | $223.8M | ||
| Q1 25 | $1.3B | $194.2M | ||
| Q4 24 | $1.3B | $257.5M | ||
| Q3 24 | $1.3B | $228.7M | ||
| Q2 24 | $1.2B | $176.7M |
总债务AONSTC
| Q1 26 | — | — | ||
| Q4 25 | $15.2B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $17.0B | $445.8M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益AONSTC
| Q1 26 | — | — | ||
| Q4 25 | $9.4B | $1.6B | ||
| Q3 25 | $7.9B | $1.5B | ||
| Q2 25 | $7.8B | $1.4B | ||
| Q1 25 | $7.0B | $1.4B | ||
| Q4 24 | $6.1B | $1.4B | ||
| Q3 24 | $6.2B | $1.4B | ||
| Q2 24 | $5.9B | $1.4B |
总资产AONSTC
| Q1 26 | — | — | ||
| Q4 25 | $50.8B | $3.3B | ||
| Q3 25 | $51.6B | $2.8B | ||
| Q2 25 | $54.0B | $2.8B | ||
| Q1 25 | $50.3B | $2.7B | ||
| Q4 24 | $49.0B | $2.7B | ||
| Q3 24 | $49.9B | $2.7B | ||
| Q2 24 | $51.5B | $2.6B |
负债/权益比AONSTC
| Q1 26 | — | — | ||
| Q4 25 | 1.63× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.78× | 0.32× | ||
| Q3 24 | — | — | ||
| Q2 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 | — |
| 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AONSTC
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | $89.5M | ||
| Q3 25 | $1.1B | $92.6M | ||
| Q2 25 | $796.0M | $53.4M | ||
| Q1 25 | $140.0M | $-29.9M | ||
| Q4 24 | $1.2B | $68.0M | ||
| Q3 24 | $1.0B | $76.1M | ||
| Q2 24 | $513.0M | $21.1M |
自由现金流AONSTC
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $62.3M | ||
| Q3 25 | $1.1B | $73.6M | ||
| Q2 25 | $732.0M | $38.7M | ||
| Q1 25 | $84.0M | $-42.2M | ||
| Q4 24 | $1.1B | $55.6M | ||
| Q3 24 | $951.0M | $67.4M | ||
| Q2 24 | $460.0M | $11.9M |
自由现金流率AONSTC
| Q1 26 | — | — | ||
| Q4 25 | 30.8% | 7.9% | ||
| Q3 25 | 27.0% | 9.2% | ||
| Q2 25 | 17.6% | 5.4% | ||
| Q1 25 | 1.8% | -6.9% | ||
| Q4 24 | 27.6% | 8.4% | ||
| Q3 24 | 25.6% | 10.1% | ||
| Q2 24 | 12.2% | 2.0% |
资本支出强度AONSTC
| Q1 26 | — | — | ||
| Q4 25 | 1.7% | 3.4% | ||
| Q3 25 | 1.7% | 2.4% | ||
| Q2 25 | 1.5% | 2.0% | ||
| Q1 25 | 1.2% | 2.0% | ||
| Q4 24 | 1.3% | 1.9% | ||
| Q3 24 | 1.7% | 1.3% | ||
| Q2 24 | 1.4% | 1.5% |
现金转化率AONSTC
| Q1 26 | — | — | ||
| Q4 25 | 0.83× | 2.47× | ||
| Q3 25 | 2.51× | 2.09× | ||
| Q2 25 | 1.37× | 1.67× | ||
| Q1 25 | 0.15× | -9.73× | ||
| Q4 24 | 1.68× | 2.99× | ||
| Q3 24 | 2.95× | 2.53× | ||
| Q2 24 | 0.98× | 1.22× |
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% |
STC
| Agency title | $333.0M | 44% |
| Direct title | $270.2M | 35% |
| Real estate solutions | $161.4M | 21% |
