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艾伯维（ARGX）与F&G Annuities & Life, Inc.（FG）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F&G Annuities & Life, Inc.的1.4倍（$2.5B vs $1.8B），艾伯维净利率更高（35.5% vs 7.3%，领先28.2%），艾伯维同比增速更快（83.2% vs 13.2%）
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。
F&G年金人寿保险公司是一家总部位于美国爱荷华州得梅因的上市企业，成立于1959年，核心业务涵盖年金产品、人寿保险及养老金收购服务，长期为客户提供多元化的风险保障与养老财务解决方案。
ARGX vs FG — 直观对比
营收规模更大
ARGX
是对方的1.4倍
$1.8B
营收增速更快
ARGX
高出70.0%
13.2%
净利率更高
ARGX
高出28.2%
7.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.5B | $1.8B |
| 净利润 | $877.2M | $128.0M |
| 毛利率 | 89.5% | — |
| 营业利润率 | 28.9% | — |
| 净利率 | 35.5% | 7.3% |
| 营收同比 | 83.2% | 13.2% |
| 净利润同比 | 1.3% | -60.9% |
| 每股收益（稀释后） | $13.25 | $0.97 |
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ARGXFG
| Q4 25 | $2.5B | $1.8B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | $1.8B | $1.4B | ||
| Q1 25 | — | $908.0M | ||
| Q4 24 | $1.4B | $1.6B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | $901.9M | $1.2B | ||
| Q1 24 | — | $1.6B |
净利润ARGXFG
| Q4 25 | $877.2M | $128.0M | ||
| Q3 25 | — | $118.0M | ||
| Q2 25 | $414.8M | $40.0M | ||
| Q1 25 | — | $-21.0M | ||
| Q4 24 | $865.6M | $327.0M | ||
| Q3 24 | — | $-6.0M | ||
| Q2 24 | $-32.5M | $203.0M | ||
| Q1 24 | — | $115.0M |
毛利率ARGXFG
| Q4 25 | 89.5% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 89.2% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 90.2% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 89.4% | — | ||
| Q1 24 | — | — |
营业利润率ARGXFG
| Q4 25 | 28.9% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 19.2% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 8.7% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -15.4% | — | ||
| Q1 24 | — | — |
净利率ARGXFG
| Q4 25 | 35.5% | 7.3% | ||
| Q3 25 | — | 7.0% | ||
| Q2 25 | 23.4% | 2.9% | ||
| Q1 25 | — | -2.3% | ||
| Q4 24 | 64.1% | 21.0% | ||
| Q3 24 | — | -0.4% | ||
| Q2 24 | -3.6% | 17.3% | ||
| Q1 24 | — | 7.3% |
每股收益（稀释后）ARGXFG
| Q4 25 | $13.25 | $0.97 | ||
| Q3 25 | — | $0.85 | ||
| Q2 25 | $6.32 | $0.26 | ||
| Q1 25 | — | $-0.20 | ||
| Q4 24 | $13.33 | $2.53 | ||
| Q3 24 | — | $-0.08 | ||
| Q2 24 | $-0.55 | $1.55 | ||
| Q1 24 | — | $0.88 |
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 | $1.5B |
| 总债务越低越好 | — | $2.2B |
| 股东权益账面价值 | $7.3B | $4.8B |
| 总资产 | $8.7B | $98.4B |
| 负债/权益比越低杠杆越低 | — | 0.47× |
8季度趋势，按日历期对齐
现金及短期投资ARGXFG
| Q4 25 | $3.5B | $1.5B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | $2.1B | $1.9B | ||
| Q1 25 | — | $3.3B | ||
| Q4 24 | $1.5B | $2.3B | ||
| Q3 24 | — | $3.5B | ||
| Q2 24 | $1.4B | $3.5B | ||
| Q1 24 | — | $2.4B |
总债务ARGXFG
| Q4 25 | — | $2.2B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | $11.0M | $2.0B | ||
| Q1 24 | — | $1.7B |
股东权益ARGXFG
| Q4 25 | $7.3B | $4.8B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | $6.1B | $4.4B | ||
| Q1 25 | — | $4.4B | ||
| Q4 24 | $5.5B | $4.0B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | $4.3B | $3.7B | ||
| Q1 24 | — | $3.5B |
总资产ARGXFG
| Q4 25 | $8.7B | $98.4B | ||
| Q3 25 | — | $96.1B | ||
| Q2 25 | $7.2B | $91.8B | ||
| Q1 25 | — | $88.0B | ||
| Q4 24 | $6.2B | $85.0B | ||
| Q3 24 | — | $84.1B | ||
| Q2 24 | $4.8B | $78.5B | ||
| Q1 24 | — | $74.4B |
负债/权益比ARGXFG
| Q4 25 | — | 0.47× | ||
| Q3 25 | — | 0.46× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 0.51× | ||
| Q4 24 | — | 0.55× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | 0.00× | 0.56× | ||
| Q1 24 | — | 0.49× |
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 | $1.2B |
| 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× | 9.13× |
| 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ARGXFG
| Q4 25 | $323.3M | $1.2B | ||
| Q3 25 | — | $937.0M | ||
| Q2 25 | $361.8M | $1.6B | ||
| Q1 25 | — | $956.0M | ||
| Q4 24 | $41.9M | $1.3B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | $-124.7M | $1.1B | ||
| Q1 24 | — | $1.5B |
自由现金流ARGXFG
| Q4 25 | $322.4M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $356.6M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $40.9M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $-125.5M | — | ||
| Q1 24 | — | — |
自由现金流率ARGXFG
| Q4 25 | 13.0% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 20.1% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.0% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -13.9% | — | ||
| Q1 24 | — | — |
资本支出强度ARGXFG
| Q4 25 | 0.0% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.1% | — | ||
| Q1 24 | — | — |
现金转化率ARGXFG
| Q4 25 | 0.37× | 9.13× | ||
| Q3 25 | — | 7.94× | ||
| Q2 25 | 0.87× | 40.50× | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.05× | 4.04× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 5.20× | ||
| Q1 24 | — | 13.34× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
