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AXIS CAPITAL HOLDINGS LTD（AXS）与豪士科（OSK）财务数据对比。点击上方公司名可切换其他公司
豪士科的季度营收约是AXIS CAPITAL HOLDINGS LTD的1.6倍（$2.7B vs $1.7B），AXIS CAPITAL HOLDINGS LTD净利率更高（16.7% vs 5.0%，领先11.7%），AXIS CAPITAL HOLDINGS LTD同比增速更快（17.8% vs 3.5%），过去两年AXIS CAPITAL HOLDINGS LTD的营收复合增速更高（10.3% vs 2.8%）
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。
豪士科（原称豪士科卡车）是美国知名工业企业，主营特种卡车、军用车辆、机场消防设备、高空作业设备等产品的设计与制造。旗下拥有威斯康星州的消防车制造商Pierce Manufacturing，以及生产各类升降作业设备的JLG工业公司。
AXS vs OSK — 直观对比
营收规模更大
OSK
是对方的1.6倍
$1.7B
营收增速更快
AXS
高出14.4%
3.5%
净利率更高
AXS
高出11.7%
5.0%
两年增速更快
AXS
近两年复合增速
2.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $2.7B |
| 净利润 | $289.6M | $133.8M |
| 毛利率 | — | 15.8% |
| 营业利润率 | 19.0% | 7.9% |
| 净利率 | 16.7% | 5.0% |
| 营收同比 | 17.8% | 3.5% |
| 净利润同比 | -1.4% | -12.6% |
| 每股收益（稀释后） | $3.63 | — |
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AXSOSK
| Q4 25 | $1.7B | $2.7B | ||
| Q3 25 | $1.7B | $2.7B | ||
| Q2 25 | $1.6B | $2.7B | ||
| Q1 25 | $1.5B | $2.3B | ||
| Q4 24 | $1.5B | $2.6B | ||
| Q3 24 | $1.6B | $2.7B | ||
| Q2 24 | $1.5B | $2.8B | ||
| Q1 24 | $1.4B | $2.5B |
净利润AXSOSK
| Q4 25 | $289.6M | $133.8M | ||
| Q3 25 | $301.9M | $196.2M | ||
| Q2 25 | $223.4M | $204.8M | ||
| Q1 25 | $194.1M | $112.2M | ||
| Q4 24 | $293.6M | $153.1M | ||
| Q3 24 | $180.7M | $180.3M | ||
| Q2 24 | $212.0M | $168.6M | ||
| Q1 24 | $395.5M | $179.4M |
毛利率AXSOSK
| Q4 25 | — | 15.8% | ||
| Q3 25 | — | 17.5% | ||
| Q2 25 | — | 19.2% | ||
| Q1 25 | — | 17.3% | ||
| Q4 24 | — | 17.2% | ||
| Q3 24 | — | 18.5% | ||
| Q2 24 | — | 19.2% | ||
| Q1 24 | — | 18.5% |
营业利润率AXSOSK
| Q4 25 | 19.0% | 7.9% | ||
| Q3 25 | 22.1% | 9.7% | ||
| Q2 25 | 17.2% | 10.7% | ||
| Q1 25 | 15.5% | 7.6% | ||
| Q4 24 | 18.6% | 8.6% | ||
| Q3 24 | 14.2% | 9.7% | ||
| Q2 24 | 17.4% | 9.2% | ||
| Q1 24 | 19.0% | 10.2% |
净利率AXSOSK
| Q4 25 | 16.7% | 5.0% | ||
| Q3 25 | 18.0% | 7.3% | ||
| Q2 25 | 13.7% | 7.5% | ||
| Q1 25 | 12.8% | 4.9% | ||
| Q4 24 | 20.0% | 5.9% | ||
| Q3 24 | 11.2% | 6.6% | ||
| Q2 24 | 14.6% | 5.9% | ||
| Q1 24 | 27.8% | 7.1% |
每股收益（稀释后）AXSOSK
| Q4 25 | $3.63 | — | ||
| Q3 25 | $3.74 | — | ||
| Q2 25 | $2.72 | — | ||
| Q1 25 | $2.26 | — | ||
| Q4 24 | $3.38 | — | ||
| Q3 24 | $2.04 | — | ||
| Q2 24 | $2.40 | — | ||
| Q1 24 | $4.53 | — |
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 | $479.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $6.4B | $4.5B |
| 总资产 | $34.5B | $10.1B |
| 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AXSOSK
| Q4 25 | $820.3M | $479.8M | ||
| Q3 25 | $825.9M | $211.8M | ||
| Q2 25 | $852.1M | $191.7M | ||
| Q1 25 | $2.8B | $210.3M | ||
| Q4 24 | $2.1B | $204.9M | ||
| Q3 24 | $981.0M | $160.9M | ||
| Q2 24 | $1.1B | $141.4M | ||
| Q1 24 | $1.1B | $69.9M |
总债务AXSOSK
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $602.3M | ||
| Q2 24 | — | $599.1M | ||
| Q1 24 | — | $598.9M |
股东权益AXSOSK
| Q4 25 | $6.4B | $4.5B | ||
| Q3 25 | $6.4B | $4.5B | ||
| Q2 25 | $6.2B | $4.5B | ||
| Q1 25 | $5.9B | $4.2B | ||
| Q4 24 | $6.1B | $4.2B | ||
| Q3 24 | $6.1B | $4.1B | ||
| Q2 24 | $5.7B | $3.9B | ||
| Q1 24 | $5.5B | $3.8B |
总资产AXSOSK
| Q4 25 | $34.5B | $10.1B | ||
| Q3 25 | $34.3B | $9.8B | ||
| Q2 25 | $34.2B | $10.0B | ||
| Q1 25 | $33.2B | $9.8B | ||
| Q4 24 | $32.5B | $9.4B | ||
| Q3 24 | $32.7B | $9.9B | ||
| Q2 24 | $32.1B | $9.7B | ||
| Q1 24 | $31.8B | $9.5B |
负债/权益比AXSOSK
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 0.15× | ||
| Q1 24 | — | 0.16× |
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 | $600.1M |
| 自由现金流经营现金流 - 资本支出 | — | $540.3M |
| 自由现金流率自由现金流/营收 | — | 20.1% |
| 资本支出强度资本支出/营收 | — | 2.2% |
| 现金转化率经营现金流/净利润 | 2.18× | 4.49× |
| 过去12个月自由现金流最近4个季度 | — | $618.0M |
8季度趋势，按日历期对齐
经营现金流AXSOSK
| Q4 25 | $630.4M | $600.1M | ||
| Q3 25 | $673.8M | $489.0M | ||
| Q2 25 | $-1.7B | $89.2M | ||
| Q1 25 | $309.1M | $-394.9M | ||
| Q4 24 | $355.5M | $790.8M | ||
| Q3 24 | $587.0M | $326.1M | ||
| Q2 24 | $518.1M | $-211.0M | ||
| Q1 24 | $384.1M | $-355.8M |
自由现金流AXSOSK
| Q4 25 | — | $540.3M | ||
| Q3 25 | — | $464.3M | ||
| Q2 25 | — | $48.6M | ||
| Q1 25 | — | $-435.2M | ||
| Q4 24 | — | $703.3M | ||
| Q3 24 | — | $272.2M | ||
| Q2 24 | — | $-250.5M | ||
| Q1 24 | — | $-455.9M |
自由现金流率AXSOSK
| Q4 25 | — | 20.1% | ||
| Q3 25 | — | 17.3% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | -18.8% | ||
| Q4 24 | — | 27.1% | ||
| Q3 24 | — | 9.9% | ||
| Q2 24 | — | -8.8% | ||
| Q1 24 | — | -17.9% |
资本支出强度AXSOSK
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | — | 3.4% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 1.4% | ||
| Q1 24 | — | 3.9% |
现金转化率AXSOSK
| Q4 25 | 2.18× | 4.49× | ||
| Q3 25 | 2.23× | 2.49× | ||
| Q2 25 | -7.41× | 0.44× | ||
| Q1 25 | 1.59× | -3.52× | ||
| Q4 24 | 1.21× | 5.17× | ||
| Q3 24 | 3.25× | 1.81× | ||
| Q2 24 | 2.44× | -1.25× | ||
| Q1 24 | 0.97× | -1.98× |
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% |
OSK
| Vocational Segment | $922.4M | 34% |
| Aerial Works Platforms | $548.6M | 20% |
| Other Access Equipment | $311.8M | 12% |
| Telehandlers | $311.2M | 12% |
| Airport Products | $252.7M | 9% |
| Delivery Vehicles | $165.0M | 6% |
| Other Vocational | $130.7M | 5% |
| Transferred Over Time | $23.5M | 1% |
