vs
艾伯维（ARGX）与Broadridge Financial Solutions（BR）财务数据对比。点击上方公司名可切换其他公司
艾伯维的季度营收约是Broadridge Financial Solutions的1.4倍（$2.5B vs $1.7B），艾伯维净利率更高（35.5% vs 16.6%，领先18.9%），艾伯维同比增速更快（83.2% vs -5.4%）
艾伯维是总部位于美国伊利诺伊州北芝加哥的制药企业，研发生产的药物覆盖多种疾病治疗领域，可满足多元临床需求，致力于为全球不同病症的患者提供可靠的治疗方案选择。
Broadridge Financial Solutions是2007年从自动数据处理公司（ADP）分拆成立的上市企业服务及金融科技企业，总部位于纽约莱克萨克塞斯，为金融行业客户提供股东委托书、年报等金融单证服务，以及线上年会等股东沟通解决方案。
ARGX vs BR — 直观对比
营收规模更大
ARGX
是对方的1.4倍
$1.7B
营收增速更快
ARGX
高出88.6%
-5.4%
净利率更高
ARGX
高出18.9%
16.6%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.5B | $1.7B |
| 净利润 | $877.2M | $284.6M |
| 毛利率 | 89.5% | 27.6% |
| 营业利润率 | 28.9% | 12.0% |
| 净利率 | 35.5% | 16.6% |
| 营收同比 | 83.2% | -5.4% |
| 净利润同比 | 1.3% | 17.1% |
| 每股收益（稀释后） | $13.25 | $2.42 |
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ARGXBR
| Q4 25 | $2.5B | $1.7B | ||
| Q2 25 | $1.8B | $2.1B | ||
| Q1 25 | — | $1.8B | ||
| Q4 24 | $1.4B | $1.6B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | $901.9M | $1.9B | ||
| Q1 24 | — | $1.7B | ||
| Q4 23 | — | $1.4B |
净利润ARGXBR
| Q4 25 | $877.2M | $284.6M | ||
| Q2 25 | $414.8M | $374.2M | ||
| Q1 25 | — | $243.1M | ||
| Q4 24 | $865.6M | $142.4M | ||
| Q3 24 | — | $79.8M | ||
| Q2 24 | $-32.5M | $323.2M | ||
| Q1 24 | — | $213.7M | ||
| Q4 23 | — | $70.3M |
毛利率ARGXBR
| Q4 25 | 89.5% | 27.6% | ||
| Q2 25 | 89.2% | 37.3% | ||
| Q1 25 | — | 31.8% | ||
| Q4 24 | 90.2% | 27.9% | ||
| Q3 24 | — | 24.5% | ||
| Q2 24 | 89.4% | 35.5% | ||
| Q1 24 | — | 31.2% | ||
| Q4 23 | — | 24.8% |
营业利润率ARGXBR
| Q4 25 | 28.9% | 12.0% | ||
| Q2 25 | 19.2% | 24.1% | ||
| Q1 25 | — | 19.0% | ||
| Q4 24 | 8.7% | 13.3% | ||
| Q3 24 | — | 9.4% | ||
| Q2 24 | -15.4% | 22.7% | ||
| Q1 24 | — | 17.5% | ||
| Q4 23 | — | 8.9% |
净利率ARGXBR
| Q4 25 | 35.5% | 16.6% | ||
| Q2 25 | 23.4% | 18.1% | ||
| Q1 25 | — | 13.4% | ||
| Q4 24 | 64.1% | 9.0% | ||
| Q3 24 | — | 5.6% | ||
| Q2 24 | -3.6% | 16.6% | ||
| Q1 24 | — | 12.4% | ||
| Q4 23 | — | 5.0% |
每股收益（稀释后）ARGXBR
| Q4 25 | $13.25 | $2.42 | ||
| Q2 25 | $6.32 | $3.17 | ||
| Q1 25 | — | $2.05 | ||
| Q4 24 | $13.33 | $1.20 | ||
| Q3 24 | — | $0.68 | ||
| Q2 24 | $-0.55 | $2.72 | ||
| Q1 24 | — | $1.79 | ||
| Q4 23 | — | $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 | $3.5B | $371.5M |
| 总债务越低越好 | — | $3.2B |
| 股东权益账面价值 | $7.3B | $2.9B |
| 总资产 | $8.7B | $8.6B |
| 负债/权益比越低杠杆越低 | — | 1.10× |
8季度趋势，按日历期对齐
现金及短期投资ARGXBR
| Q4 25 | $3.5B | $371.5M | ||
| Q2 25 | $2.1B | $562.2M | ||
| Q1 25 | — | $317.9M | ||
| Q4 24 | $1.5B | $290.6M | ||
| Q3 24 | — | $293.5M | ||
| Q2 24 | $1.4B | $305.2M | ||
| Q1 24 | — | $236.4M | ||
| Q4 23 | — | $277.7M |
总债务ARGXBR
| Q4 25 | — | $3.2B | ||
| Q2 25 | — | $3.3B | ||
| Q1 25 | — | $3.4B | ||
| Q4 24 | — | $3.7B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | $11.0M | $3.4B | ||
| Q1 24 | — | $3.5B | ||
| Q4 23 | — | $3.7B |
股东权益ARGXBR
| Q4 25 | $7.3B | $2.9B | ||
| Q2 25 | $6.1B | $2.7B | ||
| Q1 25 | — | $2.4B | ||
| Q4 24 | $5.5B | $2.2B | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | $4.3B | $2.2B | ||
| Q1 24 | — | $2.3B | ||
| Q4 23 | — | $2.1B |
总资产ARGXBR
| Q4 25 | $8.7B | $8.6B | ||
| Q2 25 | $7.2B | $8.5B | ||
| Q1 25 | — | $8.3B | ||
| Q4 24 | $6.2B | $8.2B | ||
| Q3 24 | — | $8.0B | ||
| Q2 24 | $4.8B | $8.2B | ||
| Q1 24 | — | $8.2B | ||
| Q4 23 | — | $8.0B |
负债/权益比ARGXBR
| Q4 25 | — | 1.10× | ||
| Q2 25 | — | 1.22× | ||
| Q1 25 | — | 1.44× | ||
| Q4 24 | — | 1.64× | ||
| Q3 24 | — | 1.63× | ||
| Q2 24 | 0.00× | 1.55× | ||
| Q1 24 | — | 1.55× | ||
| Q4 23 | — | 1.77× |
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 | $323.3M | — |
| 自由现金流经营现金流 - 资本支出 | $322.4M | — |
| 自由现金流率自由现金流/营收 | 13.0% | — |
| 资本支出强度资本支出/营收 | 0.0% | — |
| 现金转化率经营现金流/净利润 | 0.37× | — |
| 过去12个月自由现金流最近4个季度 | $594.5M | — |
8季度趋势，按日历期对齐
经营现金流ARGXBR
| Q4 25 | $323.3M | — | ||
| Q2 25 | $361.8M | $699.7M | ||
| Q1 25 | — | $360.4M | ||
| Q4 24 | $41.9M | $236.7M | ||
| Q3 24 | — | $-125.5M | ||
| Q2 24 | $-124.7M | $721.0M | ||
| Q1 24 | — | $207.4M | ||
| Q4 23 | — | $189.8M |
自由现金流ARGXBR
| Q4 25 | $322.4M | — | ||
| Q2 25 | $356.6M | $684.1M | ||
| Q1 25 | — | $348.9M | ||
| Q4 24 | $40.9M | $227.9M | ||
| Q3 24 | — | $-133.4M | ||
| Q2 24 | $-125.5M | $703.2M | ||
| Q1 24 | — | $184.6M | ||
| Q4 23 | — | $177.7M |
自由现金流率ARGXBR
| Q4 25 | 13.0% | — | ||
| Q2 25 | 20.1% | 33.1% | ||
| Q1 25 | — | 19.3% | ||
| Q4 24 | 3.0% | 14.3% | ||
| Q3 24 | — | -9.4% | ||
| Q2 24 | -13.9% | 36.2% | ||
| Q1 24 | — | 10.7% | ||
| Q4 23 | — | 12.6% |
资本支出强度ARGXBR
| Q4 25 | 0.0% | — | ||
| Q2 25 | 0.3% | 0.8% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | 0.1% | 0.6% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | 0.1% | 0.9% | ||
| Q1 24 | — | 1.3% | ||
| Q4 23 | — | 0.9% |
现金转化率ARGXBR
| Q4 25 | 0.37× | — | ||
| Q2 25 | 0.87× | 1.87× | ||
| Q1 25 | — | 1.48× | ||
| Q4 24 | 0.05× | 1.66× | ||
| Q3 24 | — | -1.57× | ||
| Q2 24 | — | 2.23× | ||
| Q1 24 | — | 0.97× | ||
| Q4 23 | — | 2.70× |
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
ARGX
暂无分部数据
BR
| Recurring Fee Revenue Investor Communication Solutions | $589.5M | 34% |
| Recurring Fee Revenue Capital Markets | $300.9M | 18% |
| Recurring Fee Revenue Regulatory | $248.7M | 15% |
| Recurring Fee Revenue Customer Communications | $189.2M | 11% |
| Recurring Fee Revenue Wealth And Investment Management | $179.7M | 10% |
| Recurring Fee Revenue Data Driven Fund Solutions | $112.7M | 7% |
| Event Driven Revenue Mutual Funds | $51.4M | 3% |
| Event Driven Revenue Equity And Other | $39.2M | 2% |
| Global Technology And Operations | $7.5M | 0% |
