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Athene Holding Ltd.（ATHS）与甲骨文（ORCL）财务数据对比。点击上方公司名可切换其他公司
甲骨文的季度营收约是Athene Holding Ltd.的2.0倍（$16.1B vs $8.1B），甲骨文净利率更高（38.2% vs 6.4%，领先31.8%），Athene Holding Ltd.同比增速更快（115.1% vs 14.2%），过去两年Athene Holding Ltd.的营收复合增速更高（19.2% vs 10.0%）
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。
甲骨文公司是全球知名的企业软件公司，主打数据库软件、企业级应用软件、云基础设施与云服务等业务，为全球各行业的企业提供数字化转型、数据管理与业务运营的技术解决方案，在全球企业级科技领域占据重要地位。
ATHS vs ORCL — 直观对比
营收规模更大
ORCL
是对方的2.0倍
$8.1B
营收增速更快
ATHS
高出100.9%
14.2%
净利率更高
ORCL
高出31.8%
6.4%
两年增速更快
ATHS
近两年复合增速
10.0%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $8.1B | $16.1B |
| 净利润 | $523.0M | $6.1B |
| 毛利率 | — | — |
| 营业利润率 | 16.9% | 29.5% |
| 净利率 | 6.4% | 38.2% |
| 营收同比 | 115.1% | 14.2% |
| 净利润同比 | -48.5% | 94.7% |
| 每股收益（稀释后） | — | $2.10 |
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ATHSORCL
| Q4 25 | $8.1B | $16.1B | ||
| Q3 25 | $8.0B | $14.9B | ||
| Q2 25 | $5.4B | $15.9B | ||
| Q1 25 | $4.2B | $14.1B | ||
| Q4 24 | $3.8B | $14.1B | ||
| Q3 24 | $6.5B | $13.3B | ||
| Q2 24 | $4.7B | $14.3B | ||
| Q1 24 | $5.7B | $13.3B |
净利润ATHSORCL
| Q4 25 | $523.0M | $6.1B | ||
| Q3 25 | $1.3B | $2.9B | ||
| Q2 25 | $464.0M | $3.4B | ||
| Q1 25 | $465.0M | $2.9B | ||
| Q4 24 | $1.0B | $3.2B | ||
| Q3 24 | $625.0M | $2.9B | ||
| Q2 24 | $629.0M | $3.1B | ||
| Q1 24 | $1.2B | $2.4B |
营业利润率ATHSORCL
| Q4 25 | 16.9% | 29.5% | ||
| Q3 25 | 26.8% | 28.7% | ||
| Q2 25 | 12.2% | 32.1% | ||
| Q1 25 | 22.3% | 30.8% | ||
| Q4 24 | 30.4% | 30.0% | ||
| Q3 24 | 25.7% | 30.0% | ||
| Q2 24 | 22.0% | 32.8% | ||
| Q1 24 | 31.1% | 28.2% |
净利率ATHSORCL
| Q4 25 | 6.4% | 38.2% | ||
| Q3 25 | 15.7% | 19.6% | ||
| Q2 25 | 8.7% | 21.5% | ||
| Q1 25 | 11.1% | 20.8% | ||
| Q4 24 | 26.8% | 22.4% | ||
| Q3 24 | 9.6% | 22.0% | ||
| Q2 24 | 13.5% | 22.0% | ||
| Q1 24 | 20.8% | 18.1% |
每股收益（稀释后）ATHSORCL
| Q4 25 | — | $2.10 | ||
| Q3 25 | — | $1.01 | ||
| Q2 25 | — | $1.19 | ||
| Q1 25 | — | $1.02 | ||
| Q4 24 | — | $1.10 | ||
| Q3 24 | — | $1.03 | ||
| Q2 24 | — | $1.11 | ||
| Q1 24 | — | $0.85 |
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 | — | $19.2B |
| 总债务越低越好 | $7.8B | — |
| 股东权益账面价值 | $20.5B | $30.0B |
| 总资产 | $442.2B | $205.0B |
| 负债/权益比越低杠杆越低 | 0.38× | — |
8季度趋势，按日历期对齐
现金及短期投资ATHSORCL
| Q4 25 | — | $19.2B | ||
| Q3 25 | — | $10.4B | ||
| Q2 25 | — | $10.8B | ||
| Q1 25 | — | $17.4B | ||
| Q4 24 | — | $10.9B | ||
| Q3 24 | — | $10.6B | ||
| Q2 24 | — | $10.5B | ||
| Q1 24 | $15.3B | $9.5B |
总债务ATHSORCL
| Q4 25 | $7.8B | — | ||
| Q3 25 | $7.9B | — | ||
| Q2 25 | $7.9B | — | ||
| Q1 25 | $6.3B | — | ||
| Q4 24 | $6.3B | — | ||
| Q3 24 | $5.7B | — | ||
| Q2 24 | $5.7B | — | ||
| Q1 24 | $5.7B | — |
股东权益ATHSORCL
| Q4 25 | $20.5B | $30.0B | ||
| Q3 25 | $20.4B | $24.2B | ||
| Q2 25 | $18.1B | $20.5B | ||
| Q1 25 | $17.5B | $16.7B | ||
| Q4 24 | $16.4B | $13.7B | ||
| Q3 24 | $17.4B | $10.8B | ||
| Q2 24 | $15.0B | $8.7B | ||
| Q1 24 | $14.8B | $5.6B |
总资产ATHSORCL
| Q4 25 | $442.2B | $205.0B | ||
| Q3 25 | $429.9B | $180.4B | ||
| Q2 25 | $405.3B | $168.4B | ||
| Q1 25 | $381.5B | $161.4B | ||
| Q4 24 | $363.3B | $148.5B | ||
| Q3 24 | $355.0B | $144.2B | ||
| Q2 24 | $332.6B | $141.0B | ||
| Q1 24 | $320.6B | $137.1B |
负债/权益比ATHSORCL
| Q4 25 | 0.38× | — | ||
| Q3 25 | 0.38× | — | ||
| Q2 25 | 0.43× | — | ||
| Q1 25 | 0.36× | — | ||
| Q4 24 | 0.39× | — | ||
| Q3 24 | 0.33× | — | ||
| Q2 24 | 0.38× | — | ||
| Q1 24 | 0.39× | — |
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 | $2.1B |
| 自由现金流经营现金流 - 资本支出 | — | $-10.0B |
| 自由现金流率自由现金流/营收 | — | -62.1% |
| 资本支出强度资本支出/营收 | — | 74.9% |
| 现金转化率经营现金流/净利润 | 5.82× | 0.34× |
| 过去12个月自由现金流最近4个季度 | — | $-13.2B |
8季度趋势，按日历期对齐
经营现金流ATHSORCL
| Q4 25 | $3.0B | $2.1B | ||
| Q3 25 | $636.0M | $8.1B | ||
| Q2 25 | $1.1B | $6.2B | ||
| Q1 25 | $426.0M | $5.9B | ||
| Q4 24 | $386.0M | $1.3B | ||
| Q3 24 | $780.0M | $7.4B | ||
| Q2 24 | $525.0M | $6.1B | ||
| Q1 24 | $185.0M | $5.5B |
自由现金流ATHSORCL
| Q4 25 | — | $-10.0B | ||
| Q3 25 | — | $-362.0M | ||
| Q2 25 | — | $-2.9B | ||
| Q1 25 | — | $71.0M | ||
| Q4 24 | — | $-2.7B | ||
| Q3 24 | — | $5.1B | ||
| Q2 24 | — | $3.3B | ||
| Q1 24 | — | $3.8B |
自由现金流率ATHSORCL
| Q4 25 | — | -62.1% | ||
| Q3 25 | — | -2.4% | ||
| Q2 25 | — | -18.4% | ||
| Q1 25 | — | 0.5% | ||
| Q4 24 | — | -19.0% | ||
| Q3 24 | — | 38.5% | ||
| Q2 24 | — | 23.0% | ||
| Q1 24 | — | 28.6% |
资本支出强度ATHSORCL
| Q4 25 | — | 74.9% | ||
| Q3 25 | — | 57.0% | ||
| Q2 25 | — | 57.1% | ||
| Q1 25 | — | 41.5% | ||
| Q4 24 | — | 28.2% | ||
| Q3 24 | — | 17.3% | ||
| Q2 24 | — | 19.6% | ||
| Q1 24 | — | 12.6% |
现金转化率ATHSORCL
| Q4 25 | 5.82× | 0.34× | ||
| Q3 25 | 0.51× | 2.78× | ||
| Q2 25 | 2.28× | 1.80× | ||
| Q1 25 | 0.92× | 2.02× | ||
| Q4 24 | 0.38× | 0.41× | ||
| Q3 24 | 1.25× | 2.54× | ||
| Q2 24 | 0.83× | 1.93× | ||
| Q1 24 | 0.16× | 2.28× |
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
ORCL
| Software Support | $4.9B | 31% |
| Cloud Infrastructure | $4.1B | 25% |
| Cloud Applications | $3.9B | 24% |
| Services Business | $1.4B | 9% |
| Software License | $939.0M | 6% |
| Hardware Business | $776.0M | 5% |
