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Athene Holding Ltd.（ATHS）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
Athene Holding Ltd.的季度营收约是F&G Annuities & Life, Inc.的4.6倍（$8.1B vs $1.8B）。F&G Annuities & Life, Inc.净利率更高（7.3% vs 6.4%，领先0.8%）。Athene Holding Ltd.同比增速更快（115.1% vs 13.2%）。过去两年Athene Holding Ltd.的营收复合增速更高（19.2% vs 6.1%）
Athene Holding Ltd.是一家领先的退休服务提供商，主要面向美国市场的个人消费者及机构客户提供固定年金、指数年金、可变年金及定制退休储蓄解决方案，帮助客户实现退休后的长期财务稳定。
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。
ATHS vs FG — 直观对比
营收规模更大
ATHS
是对方的4.6倍
$1.8B
营收增速更快
ATHS
高出101.9%
13.2%
净利率更高
FG
高出0.8%
6.4%
两年增速更快
ATHS
近两年复合增速
6.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $8.1B | $1.8B |
| 净利润 | $523.0M | $128.0M |
| 毛利率 | — | — |
| 营业利润率 | 16.9% | — |
| 净利率 | 6.4% | 7.3% |
| 营收同比 | 115.1% | 13.2% |
| 净利润同比 | -48.5% | -60.9% |
| 每股收益（稀释后） | — | $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ATHSFG
| Q4 25 | $8.1B | $1.8B | ||
| Q3 25 | $8.0B | $1.7B | ||
| Q2 25 | $5.4B | $1.4B | ||
| Q1 25 | $4.2B | $908.0M | ||
| Q4 24 | $3.8B | $1.6B | ||
| Q3 24 | $6.5B | $1.4B | ||
| Q2 24 | $4.7B | $1.2B | ||
| Q1 24 | $5.7B | $1.6B |
净利润ATHSFG
| Q4 25 | $523.0M | $128.0M | ||
| Q3 25 | $1.3B | $118.0M | ||
| Q2 25 | $464.0M | $40.0M | ||
| Q1 25 | $465.0M | $-21.0M | ||
| Q4 24 | $1.0B | $327.0M | ||
| Q3 24 | $625.0M | $-6.0M | ||
| Q2 24 | $629.0M | $203.0M | ||
| Q1 24 | $1.2B | $115.0M |
营业利润率ATHSFG
| Q4 25 | 16.9% | — | ||
| Q3 25 | 26.8% | — | ||
| Q2 25 | 12.2% | — | ||
| Q1 25 | 22.3% | — | ||
| Q4 24 | 30.4% | — | ||
| Q3 24 | 25.7% | — | ||
| Q2 24 | 22.0% | — | ||
| Q1 24 | 31.1% | — |
净利率ATHSFG
| Q4 25 | 6.4% | 7.3% | ||
| Q3 25 | 15.7% | 7.0% | ||
| Q2 25 | 8.7% | 2.9% | ||
| Q1 25 | 11.1% | -2.3% | ||
| Q4 24 | 26.8% | 21.0% | ||
| Q3 24 | 9.6% | -0.4% | ||
| Q2 24 | 13.5% | 17.3% | ||
| Q1 24 | 20.8% | 7.3% |
每股收益（稀释后）ATHSFG
| Q4 25 | — | $0.97 | ||
| Q3 25 | — | $0.85 | ||
| Q2 25 | — | $0.26 | ||
| Q1 25 | — | $-0.20 | ||
| Q4 24 | — | $2.53 | ||
| Q3 24 | — | $-0.08 | ||
| Q2 24 | — | $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 | — | $1.5B |
| 总债务越低越好 | $7.8B | $2.2B |
| 股东权益账面价值 | $20.5B | $4.8B |
| 总资产 | $442.2B | $98.4B |
| 负债/权益比越低杠杆越低 | 0.38× | 0.47× |
8季度趋势，按日历期对齐
现金及短期投资ATHSFG
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $1.9B | ||
| Q1 25 | — | $3.3B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $3.5B | ||
| Q2 24 | — | $3.5B | ||
| Q1 24 | $15.3B | $2.4B |
总债务ATHSFG
| Q4 25 | $7.8B | $2.2B | ||
| Q3 25 | $7.9B | $2.2B | ||
| Q2 25 | $7.9B | $2.2B | ||
| Q1 25 | $6.3B | $2.2B | ||
| Q4 24 | $6.3B | $2.2B | ||
| Q3 24 | $5.7B | $2.0B | ||
| Q2 24 | $5.7B | $2.0B | ||
| Q1 24 | $5.7B | $1.7B |
股东权益ATHSFG
| Q4 25 | $20.5B | $4.8B | ||
| Q3 25 | $20.4B | $4.8B | ||
| Q2 25 | $18.1B | $4.4B | ||
| Q1 25 | $17.5B | $4.4B | ||
| Q4 24 | $16.4B | $4.0B | ||
| Q3 24 | $17.4B | $4.3B | ||
| Q2 24 | $15.0B | $3.7B | ||
| Q1 24 | $14.8B | $3.5B |
总资产ATHSFG
| Q4 25 | $442.2B | $98.4B | ||
| Q3 25 | $429.9B | $96.1B | ||
| Q2 25 | $405.3B | $91.8B | ||
| Q1 25 | $381.5B | $88.0B | ||
| Q4 24 | $363.3B | $85.0B | ||
| Q3 24 | $355.0B | $84.1B | ||
| Q2 24 | $332.6B | $78.5B | ||
| Q1 24 | $320.6B | $74.4B |
负债/权益比ATHSFG
| Q4 25 | 0.38× | 0.47× | ||
| Q3 25 | 0.38× | 0.46× | ||
| Q2 25 | 0.43× | 0.50× | ||
| Q1 25 | 0.36× | 0.51× | ||
| Q4 24 | 0.39× | 0.55× | ||
| Q3 24 | 0.33× | 0.47× | ||
| Q2 24 | 0.38× | 0.56× | ||
| Q1 24 | 0.39× | 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 | $3.0B | $1.2B |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 5.82× | 9.13× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流ATHSFG
| Q4 25 | $3.0B | $1.2B | ||
| Q3 25 | $636.0M | $937.0M | ||
| Q2 25 | $1.1B | $1.6B | ||
| Q1 25 | $426.0M | $956.0M | ||
| Q4 24 | $386.0M | $1.3B | ||
| Q3 24 | $780.0M | $2.1B | ||
| Q2 24 | $525.0M | $1.1B | ||
| Q1 24 | $185.0M | $1.5B |
现金转化率ATHSFG
| Q4 25 | 5.82× | 9.13× | ||
| Q3 25 | 0.51× | 7.94× | ||
| Q2 25 | 2.28× | 40.50× | ||
| Q1 25 | 0.92× | — | ||
| Q4 24 | 0.38× | 4.04× | ||
| Q3 24 | 1.25× | — | ||
| Q2 24 | 0.83× | 5.20× | ||
| Q1 24 | 0.16× | 13.34× |
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
ATHS
暂无分部数据
FG
| Reportable Segment | $1.0B | 57% |
| Other | $728.0M | 41% |
| Roar Joint Venture LLC | $24.0M | 1% |
