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APi Group Corp（APG）与OLD REPUBLIC INTERNATIONAL CORP（ORI）财务数据对比。点击上方公司名可切换其他公司
OLD REPUBLIC INTERNATIONAL CORP的季度营收约是APi Group Corp的1.1倍（$2.4B vs $2.1B），OLD REPUBLIC INTERNATIONAL CORP净利率更高（13.8% vs 4.6%，领先9.2%），APi Group Corp同比增速更快（13.8% vs 6.7%），过去两年APi Group Corp的营收复合增速更高（15.0% vs 13.2%）
xAI是埃隆·马斯克2023年创立的美国科技企业，为航天企业SpaceX的全资子公司，业务覆盖人工智能、社交媒体领域，核心产品包括生成式AI聊天机器人Grok，以及2025年3月收购的社交媒体平台X。
Old Republic International Corp是一家总部位于美国伊利诺伊州芝加哥的保险企业，核心业务覆盖财产保险、产权保险两大领域，深耕行业多年，具备成熟的风险防控能力与完善的服务体系，可为各类客户提供专业可靠的保险产品及相关解决方案。
APG vs ORI — 直观对比
营收规模更大
ORI
是对方的1.1倍
$2.1B
营收增速更快
APG
高出7.0%
6.7%
净利率更高
ORI
高出9.2%
4.6%
两年增速更快
APG
近两年复合增速
13.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $2.4B |
| 净利润 | $97.0M | $330.0M |
| 毛利率 | 32.0% | — |
| 营业利润率 | 7.7% | — |
| 净利率 | 4.6% | 13.8% |
| 营收同比 | 13.8% | 6.7% |
| 净利润同比 | 44.8% | 34.7% |
| 每股收益（稀释后） | $-1.16 | — |
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APGORI
| Q1 26 | — | $2.4B | ||
| Q4 25 | $2.1B | $2.4B | ||
| Q3 25 | $2.1B | $2.4B | ||
| Q2 25 | $2.0B | $2.2B | ||
| Q1 25 | $1.7B | $2.1B | ||
| Q4 24 | $1.9B | $2.0B | ||
| Q3 24 | $1.8B | $2.3B | ||
| Q2 24 | $1.7B | $1.9B |
净利润APGORI
| Q1 26 | — | $330.0M | ||
| Q4 25 | $97.0M | $206.5M | ||
| Q3 25 | $93.0M | $279.5M | ||
| Q2 25 | $77.0M | $204.4M | ||
| Q1 25 | $35.0M | $245.0M | ||
| Q4 24 | $67.0M | $105.3M | ||
| Q3 24 | $69.0M | $338.9M | ||
| Q2 24 | $69.0M | $91.8M |
毛利率APGORI
| Q1 26 | — | — | ||
| Q4 25 | 32.0% | — | ||
| Q3 25 | 31.3% | — | ||
| Q2 25 | 30.9% | — | ||
| Q1 25 | 31.5% | — | ||
| Q4 24 | 30.9% | — | ||
| Q3 24 | 31.1% | — | ||
| Q2 24 | 31.4% | — |
营业利润率APGORI
| Q1 26 | — | — | ||
| Q4 25 | 7.7% | — | ||
| Q3 25 | 7.8% | 14.6% | ||
| Q2 25 | 7.2% | 11.8% | ||
| Q1 25 | 4.9% | 14.6% | ||
| Q4 24 | 6.2% | — | ||
| Q3 24 | 7.8% | 18.2% | ||
| Q2 24 | 7.3% | 6.1% |
净利率APGORI
| Q1 26 | — | 13.8% | ||
| Q4 25 | 4.6% | 8.6% | ||
| Q3 25 | 4.5% | 11.5% | ||
| Q2 25 | 3.9% | 9.3% | ||
| Q1 25 | 2.0% | 11.6% | ||
| Q4 24 | 3.6% | 5.3% | ||
| Q3 24 | 3.8% | 14.5% | ||
| Q2 24 | 4.0% | 4.9% |
每股收益（稀释后）APGORI
| Q1 26 | — | — | ||
| Q4 25 | $-1.16 | $0.82 | ||
| Q3 25 | $0.20 | $1.11 | ||
| Q2 25 | $0.16 | $0.81 | ||
| Q1 25 | $0.11 | $0.98 | ||
| Q4 24 | $0.05 | $0.42 | ||
| Q3 24 | $0.23 | $1.32 | ||
| Q2 24 | $0.22 | $0.35 |
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 | $912.0M | — |
| 总债务越低越好 | $2.8B | — |
| 股东权益账面价值 | $3.4B | $5.9M |
| 总资产 | $8.9B | $29.6M |
| 负债/权益比越低杠杆越低 | 0.81× | — |
8季度趋势，按日历期对齐
现金及短期投资APGORI
| Q1 26 | — | — | ||
| Q4 25 | $912.0M | — | ||
| Q3 25 | $555.0M | — | ||
| Q2 25 | $432.0M | — | ||
| Q1 25 | $460.0M | — | ||
| Q4 24 | $499.0M | — | ||
| Q3 24 | $487.0M | — | ||
| Q2 24 | $324.0M | — |
总债务APGORI
| Q1 26 | — | — | ||
| Q4 25 | $2.8B | — | ||
| Q3 25 | $2.8B | — | ||
| Q2 25 | $2.8B | — | ||
| Q1 25 | $2.8B | — | ||
| Q4 24 | $2.8B | — | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $2.8B | — |
股东权益APGORI
| Q1 26 | — | $5.9M | ||
| Q4 25 | $3.4B | $5.9B | ||
| Q3 25 | $3.3B | $6.4B | ||
| Q2 25 | $3.2B | $6.2B | ||
| Q1 25 | $3.0B | $5.9B | ||
| Q4 24 | $3.0B | $5.6B | ||
| Q3 24 | $3.0B | $6.4B | ||
| Q2 24 | $2.8B | $6.0B |
总资产APGORI
| Q1 26 | — | $29.6M | ||
| Q4 25 | $8.9B | $29.9B | ||
| Q3 25 | $8.7B | $30.3B | ||
| Q2 25 | $8.5B | $29.3B | ||
| Q1 25 | $8.1B | $28.0B | ||
| Q4 24 | $8.2B | $27.8B | ||
| Q3 24 | $8.2B | $28.8B | ||
| Q2 24 | $8.0B | $27.5B |
负债/权益比APGORI
| Q1 26 | — | — | ||
| Q4 25 | 0.81× | — | ||
| Q3 25 | 0.84× | — | ||
| Q2 25 | 0.87× | — | ||
| Q1 25 | 0.92× | — | ||
| Q4 24 | 0.93× | — | ||
| Q3 24 | 0.96× | — | ||
| Q2 24 | 1.00× | — |
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 | $382.0M | — |
| 自由现金流经营现金流 - 资本支出 | $356.0M | — |
| 自由现金流率自由现金流/营收 | 16.8% | — |
| 资本支出强度资本支出/营收 | 1.2% | — |
| 现金转化率经营现金流/净利润 | 3.94× | — |
| 过去12个月自由现金流最近4个季度 | $663.0M | — |
8季度趋势，按日历期对齐
经营现金流APGORI
| Q1 26 | — | — | ||
| Q4 25 | $382.0M | $234.9M | ||
| Q3 25 | $232.0M | $563.9M | ||
| Q2 25 | $83.0M | $133.8M | ||
| Q1 25 | $62.0M | $231.7M | ||
| Q4 24 | $283.0M | $361.7M | ||
| Q3 24 | $220.0M | $474.8M | ||
| Q2 24 | $110.0M | $236.5M |
自由现金流APGORI
| Q1 26 | — | — | ||
| Q4 25 | $356.0M | — | ||
| Q3 25 | $201.0M | — | ||
| Q2 25 | $56.0M | — | ||
| Q1 25 | $50.0M | — | ||
| Q4 24 | $265.0M | — | ||
| Q3 24 | $198.0M | — | ||
| Q2 24 | $88.0M | — |
自由现金流率APGORI
| Q1 26 | — | — | ||
| Q4 25 | 16.8% | — | ||
| Q3 25 | 9.6% | — | ||
| Q2 25 | 2.8% | — | ||
| Q1 25 | 2.9% | — | ||
| Q4 24 | 14.2% | — | ||
| Q3 24 | 10.8% | — | ||
| Q2 24 | 5.1% | — |
资本支出强度APGORI
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | — | ||
| Q3 25 | 1.5% | — | ||
| Q2 25 | 1.4% | — | ||
| Q1 25 | 0.7% | — | ||
| Q4 24 | 1.0% | — | ||
| Q3 24 | 1.2% | — | ||
| Q2 24 | 1.3% | — |
现金转化率APGORI
| Q1 26 | — | — | ||
| Q4 25 | 3.94× | 1.14× | ||
| Q3 25 | 2.49× | 2.02× | ||
| Q2 25 | 1.08× | 0.65× | ||
| Q1 25 | 1.77× | 0.95× | ||
| Q4 24 | 4.22× | 3.43× | ||
| Q3 24 | 3.19× | 1.40× | ||
| Q2 24 | 1.59× | 2.58× |
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
APG
暂无分部数据
ORI
| operating | $2.2B | 92% |
| Other | $201.8M | 8% |
