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AXIS CAPITAL HOLDINGS LTD（AXS）与露露乐蒙（LULU）财务数据对比。点击上方公司名可切换其他公司
露露乐蒙的季度营收约是AXIS CAPITAL HOLDINGS LTD的1.5倍（$2.6B vs $1.7B），AXIS CAPITAL HOLDINGS LTD净利率更高（16.7% vs 12.0%，领先4.7%），AXIS CAPITAL HOLDINGS LTD同比增速更快（17.8% vs 7.1%），过去两年AXIS CAPITAL HOLDINGS LTD的营收复合增速更高（10.3% vs -10.5%）
AXIS资本控股有限公司是AXIS集团的控股主体，通过百慕大、美国、加拿大、欧洲及新加坡的子公司与分支机构网络，提供各类风险转移产品及服务。保险业务覆盖财产、职业责任、恐怖主义、航运、能源、环境等领域，再保险业务包含财产、职业责任、信用债券等品类。
露露乐蒙是源自美国和加拿大的跨国运动服饰零售商，1998年成立初期主打瑜伽裤及其他瑜伽服饰，目前已拓展业务至运动装备、休闲服饰、配件及个护产品，总部位于加拿大不列颠哥伦比亚省温哥华，共拥有767家线下门店，同时开设官方网站提供线上销售服务。
AXS vs LULU — 直观对比
营收规模更大
LULU
是对方的1.5倍
$1.7B
营收增速更快
AXS
高出10.8%
7.1%
净利率更高
AXS
高出4.7%
12.0%
两年增速更快
AXS
近两年复合增速
-10.5%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $2.6B |
| 净利润 | $289.6M | $306.8M |
| 毛利率 | — | 55.6% |
| 营业利润率 | 19.0% | 17.0% |
| 净利率 | 16.7% | 12.0% |
| 营收同比 | 17.8% | 7.1% |
| 净利润同比 | -1.4% | -12.8% |
| 每股收益（稀释后） | $3.63 | $2.59 |
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AXSLULU
| Q4 25 | $1.7B | $2.6B | ||
| Q3 25 | $1.7B | $2.5B | ||
| Q2 25 | $1.6B | $2.4B | ||
| Q1 25 | $1.5B | $3.6B | ||
| Q4 24 | $1.5B | $2.4B | ||
| Q3 24 | $1.6B | $2.4B | ||
| Q2 24 | $1.5B | $2.2B | ||
| Q1 24 | $1.4B | $3.2B |
净利润AXSLULU
| Q4 25 | $289.6M | $306.8M | ||
| Q3 25 | $301.9M | $370.9M | ||
| Q2 25 | $223.4M | $314.6M | ||
| Q1 25 | $194.1M | $748.4M | ||
| Q4 24 | $293.6M | $351.9M | ||
| Q3 24 | $180.7M | $392.9M | ||
| Q2 24 | $212.0M | $321.4M | ||
| Q1 24 | $395.5M | $669.5M |
毛利率AXSLULU
| Q4 25 | — | 55.6% | ||
| Q3 25 | — | 58.5% | ||
| Q2 25 | — | 58.3% | ||
| Q1 25 | — | 60.4% | ||
| Q4 24 | — | 58.5% | ||
| Q3 24 | — | 59.6% | ||
| Q2 24 | — | 57.7% | ||
| Q1 24 | — | 59.4% |
营业利润率AXSLULU
| Q4 25 | 19.0% | 17.0% | ||
| Q3 25 | 22.1% | 20.7% | ||
| Q2 25 | 17.2% | 18.5% | ||
| Q1 25 | 15.5% | 28.9% | ||
| Q4 24 | 18.6% | 20.5% | ||
| Q3 24 | 14.2% | 22.8% | ||
| Q2 24 | 17.4% | 19.6% | ||
| Q1 24 | 19.0% | 28.5% |
净利率AXSLULU
| Q4 25 | 16.7% | 12.0% | ||
| Q3 25 | 18.0% | 14.7% | ||
| Q2 25 | 13.7% | 13.3% | ||
| Q1 25 | 12.8% | 20.7% | ||
| Q4 24 | 20.0% | 14.7% | ||
| Q3 24 | 11.2% | 16.6% | ||
| Q2 24 | 14.6% | 14.6% | ||
| Q1 24 | 27.8% | 20.9% |
每股收益（稀释后）AXSLULU
| Q4 25 | $3.63 | $2.59 | ||
| Q3 25 | $3.74 | $3.10 | ||
| Q2 25 | $2.72 | $2.60 | ||
| Q1 25 | $2.26 | $6.08 | ||
| Q4 24 | $3.38 | $2.87 | ||
| Q3 24 | $2.04 | $3.15 | ||
| Q2 24 | $2.40 | $2.54 | ||
| Q1 24 | $4.53 | $5.28 |
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 | $820.3M | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $6.4B | $4.5B |
| 总资产 | $34.5B | $8.0B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AXSLULU
| Q4 25 | $820.3M | — | ||
| Q3 25 | $825.9M | — | ||
| Q2 25 | $852.1M | — | ||
| Q1 25 | $2.8B | — | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | $981.0M | — | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $1.1B | — |
股东权益AXSLULU
| Q4 25 | $6.4B | $4.5B | ||
| Q3 25 | $6.4B | $4.4B | ||
| Q2 25 | $6.2B | $4.3B | ||
| Q1 25 | $5.9B | $4.3B | ||
| Q4 24 | $6.1B | $4.0B | ||
| Q3 24 | $6.1B | $4.0B | ||
| Q2 24 | $5.7B | $4.2B | ||
| Q1 24 | $5.5B | $4.2B |
总资产AXSLULU
| Q4 25 | $34.5B | $8.0B | ||
| Q3 25 | $34.3B | $7.5B | ||
| Q2 25 | $34.2B | $7.4B | ||
| Q1 25 | $33.2B | $7.6B | ||
| Q4 24 | $32.5B | $7.1B | ||
| Q3 24 | $32.7B | $6.7B | ||
| Q2 24 | $32.1B | $6.8B | ||
| Q1 24 | $31.8B | $7.1B |
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 | $630.4M | $249.9M |
| 自由现金流经营现金流 - 资本支出 | — | $82.4M |
| 自由现金流率自由现金流/营收 | — | 3.2% |
| 资本支出强度资本支出/营收 | — | 6.5% |
| 现金转化率经营现金流/净利润 | 2.18× | 0.81× |
| 过去12个月自由现金流最近4个季度 | — | $1.1B |
8季度趋势，按日历期对齐
经营现金流AXSLULU
| Q4 25 | $630.4M | $249.9M | ||
| Q3 25 | $673.8M | $328.7M | ||
| Q2 25 | $-1.7B | $-119.0M | ||
| Q1 25 | $309.1M | $1.4B | ||
| Q4 24 | $355.5M | $300.7M | ||
| Q3 24 | $587.0M | $443.1M | ||
| Q2 24 | $518.1M | $127.5M | ||
| Q1 24 | $384.1M | $1.4B |
自由现金流AXSLULU
| Q4 25 | — | $82.4M | ||
| Q3 25 | — | $150.8M | ||
| Q2 25 | — | $-271.2M | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $122.2M | ||
| Q3 24 | — | $298.1M | ||
| Q2 24 | — | $-3.2M | ||
| Q1 24 | — | $1.2B |
自由现金流率AXSLULU
| Q4 25 | — | 3.2% | ||
| Q3 25 | — | 6.0% | ||
| Q2 25 | — | -11.4% | ||
| Q1 25 | — | 32.3% | ||
| Q4 24 | — | 5.1% | ||
| Q3 24 | — | 12.6% | ||
| Q2 24 | — | -0.1% | ||
| Q1 24 | — | 36.7% |
资本支出强度AXSLULU
| Q4 25 | — | 6.5% | ||
| Q3 25 | — | 7.0% | ||
| Q2 25 | — | 6.4% | ||
| Q1 25 | — | 6.5% | ||
| Q4 24 | — | 7.4% | ||
| Q3 24 | — | 6.1% | ||
| Q2 24 | — | 5.9% | ||
| Q1 24 | — | 6.4% |
现金转化率AXSLULU
| Q4 25 | 2.18× | 0.81× | ||
| Q3 25 | 2.23× | 0.89× | ||
| Q2 25 | -7.41× | -0.38× | ||
| Q1 25 | 1.59× | 1.87× | ||
| Q4 24 | 1.21× | 0.85× | ||
| Q3 24 | 3.25× | 1.13× | ||
| Q2 24 | 2.44× | 0.40× | ||
| Q1 24 | 0.97× | 2.07× |
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
AXS
| Reinsurance | $1.4B | 82% |
| Other | $311.3M | 18% |
LULU
| Womens Apparel | $1.6B | 64% |
| Mens Apparel | $596.2M | 23% |
| Accessories And Other Categories | $324.7M | 13% |
