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AXIS CAPITAL HOLDINGS LTD（AXS）与越洋钻探（RIG）财务数据对比。点击上方公司名可切换其他公司
AXIS CAPITAL HOLDINGS LTD的季度营收约是越洋钻探的1.7倍（$1.7B vs $1.0B），AXIS CAPITAL HOLDINGS LTD净利率更高（16.7% vs 2.4%，领先14.3%），AXIS CAPITAL HOLDINGS LTD同比增速更快（17.8% vs 9.6%），过去两年越洋钻探的营收复合增速更高（16.9% vs 10.3%）
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。
越洋钻探（Transocean Ltd.）是按营收计全球规模最大的海上钻探承包商，总部位于瑞士施泰因豪森，起源于美国，目前在加拿大、美国、挪威、英国、印度、巴西、新加坡等20个国家设有办事机构，业务覆盖全球主要海上油气开采区域。
AXS vs RIG — 直观对比
营收规模更大
AXS
是对方的1.7倍
$1.0B
营收增速更快
AXS
高出8.3%
9.6%
净利率更高
AXS
高出14.3%
2.4%
两年增速更快
RIG
近两年复合增速
10.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.0B |
| 净利润 | $289.6M | $25.0M |
| 毛利率 | — | 42.0% |
| 营业利润率 | 19.0% | 23.0% |
| 净利率 | 16.7% | 2.4% |
| 营收同比 | 17.8% | 9.6% |
| 净利润同比 | -1.4% | 257.1% |
| 每股收益（稀释后） | $3.63 | $0.13 |
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AXSRIG
| Q4 25 | $1.7B | $1.0B | ||
| Q3 25 | $1.7B | $1.0B | ||
| Q2 25 | $1.6B | $988.0M | ||
| Q1 25 | $1.5B | $906.0M | ||
| Q4 24 | $1.5B | $952.0M | ||
| Q3 24 | $1.6B | $948.0M | ||
| Q2 24 | $1.5B | $861.0M | ||
| Q1 24 | $1.4B | $763.0M |
净利润AXSRIG
| Q4 25 | $289.6M | $25.0M | ||
| Q3 25 | $301.9M | $-1.9B | ||
| Q2 25 | $223.4M | $-938.0M | ||
| Q1 25 | $194.1M | $-79.0M | ||
| Q4 24 | $293.6M | $7.0M | ||
| Q3 24 | $180.7M | $-494.0M | ||
| Q2 24 | $212.0M | $-123.0M | ||
| Q1 24 | $395.5M | $98.0M |
毛利率AXSRIG
| Q4 25 | — | 42.0% | ||
| Q3 25 | — | 43.2% | ||
| Q2 25 | — | 39.4% | ||
| Q1 25 | — | 31.8% | ||
| Q4 24 | — | 39.2% | ||
| Q3 24 | — | 40.6% | ||
| Q2 24 | — | 38.0% | ||
| Q1 24 | — | 31.5% |
营业利润率AXSRIG
| Q4 25 | 19.0% | 23.0% | ||
| Q3 25 | 22.1% | -163.1% | ||
| Q2 25 | 17.2% | -97.6% | ||
| Q1 25 | 15.5% | 7.1% | ||
| Q4 24 | 18.6% | 13.7% | ||
| Q3 24 | 14.2% | -51.2% | ||
| Q2 24 | 17.4% | -6.9% | ||
| Q1 24 | 19.0% | -0.4% |
净利率AXSRIG
| Q4 25 | 16.7% | 2.4% | ||
| Q3 25 | 18.0% | -187.1% | ||
| Q2 25 | 13.7% | -94.9% | ||
| Q1 25 | 12.8% | -8.7% | ||
| Q4 24 | 20.0% | 0.7% | ||
| Q3 24 | 11.2% | -52.1% | ||
| Q2 24 | 14.6% | -14.3% | ||
| Q1 24 | 27.8% | 12.8% |
每股收益（稀释后）AXSRIG
| Q4 25 | $3.63 | $0.13 | ||
| Q3 25 | $3.74 | $-2.00 | ||
| Q2 25 | $2.72 | $-1.06 | ||
| Q1 25 | $2.26 | $-0.11 | ||
| Q4 24 | $3.38 | $-0.14 | ||
| Q3 24 | $2.04 | $-0.58 | ||
| Q2 24 | $2.40 | $-0.15 | ||
| Q1 24 | $4.53 | $0.11 |
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 | $620.0M |
| 总债务越低越好 | — | $5.2B |
| 股东权益账面价值 | $6.4B | $8.1B |
| 总资产 | $34.5B | $15.6B |
| 负债/权益比越低杠杆越低 | — | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资AXSRIG
| Q4 25 | $820.3M | $620.0M | ||
| Q3 25 | $825.9M | $833.0M | ||
| Q2 25 | $852.1M | $377.0M | ||
| Q1 25 | $2.8B | $263.0M | ||
| Q4 24 | $2.1B | $560.0M | ||
| Q3 24 | $981.0M | $435.0M | ||
| Q2 24 | $1.1B | $475.0M | ||
| Q1 24 | $1.1B | $446.0M |
总债务AXSRIG
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $5.9B | ||
| Q1 25 | — | $5.9B | ||
| Q4 24 | — | $6.2B | ||
| Q3 24 | — | $6.5B | ||
| Q2 24 | — | $6.8B | ||
| Q1 24 | — | $6.8B |
股东权益AXSRIG
| Q4 25 | $6.4B | $8.1B | ||
| Q3 25 | $6.4B | $8.1B | ||
| Q2 25 | $6.2B | $9.4B | ||
| Q1 25 | $5.9B | $10.2B | ||
| Q4 24 | $6.1B | $10.3B | ||
| Q3 24 | $6.1B | $10.2B | ||
| Q2 24 | $5.7B | $10.7B | ||
| Q1 24 | $5.5B | $10.5B |
总资产AXSRIG
| Q4 25 | $34.5B | $15.6B | ||
| Q3 25 | $34.3B | $16.2B | ||
| Q2 25 | $34.2B | $17.8B | ||
| Q1 25 | $33.2B | $19.0B | ||
| Q4 24 | $32.5B | $19.4B | ||
| Q3 24 | $32.7B | $19.5B | ||
| Q2 24 | $32.1B | $20.3B | ||
| Q1 24 | $31.8B | $19.9B |
负债/权益比AXSRIG
| Q4 25 | — | 0.64× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | — | 0.63× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | — | 0.60× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.63× | ||
| Q1 24 | — | 0.65× |
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 | $349.0M |
| 自由现金流经营现金流 - 资本支出 | — | $321.0M |
| 自由现金流率自由现金流/营收 | — | 30.8% |
| 资本支出强度资本支出/营收 | — | 2.7% |
| 现金转化率经营现金流/净利润 | 2.18× | 13.96× |
| 过去12个月自由现金流最近4个季度 | — | $626.0M |
8季度趋势，按日历期对齐
经营现金流AXSRIG
| Q4 25 | $630.4M | $349.0M | ||
| Q3 25 | $673.8M | $246.0M | ||
| Q2 25 | $-1.7B | $128.0M | ||
| Q1 25 | $309.1M | $26.0M | ||
| Q4 24 | $355.5M | $206.0M | ||
| Q3 24 | $587.0M | $194.0M | ||
| Q2 24 | $518.1M | $133.0M | ||
| Q1 24 | $384.1M | $-86.0M |
自由现金流AXSRIG
| Q4 25 | — | $321.0M | ||
| Q3 25 | — | $235.0M | ||
| Q2 25 | — | $104.0M | ||
| Q1 25 | — | $-34.0M | ||
| Q4 24 | — | $177.0M | ||
| Q3 24 | — | $136.0M | ||
| Q2 24 | — | $49.0M | ||
| Q1 24 | — | $-169.0M |
自由现金流率AXSRIG
| Q4 25 | — | 30.8% | ||
| Q3 25 | — | 22.9% | ||
| Q2 25 | — | 10.5% | ||
| Q1 25 | — | -3.8% | ||
| Q4 24 | — | 18.6% | ||
| Q3 24 | — | 14.3% | ||
| Q2 24 | — | 5.7% | ||
| Q1 24 | — | -22.1% |
资本支出强度AXSRIG
| Q4 25 | — | 2.7% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 2.4% | ||
| Q1 25 | — | 6.6% | ||
| Q4 24 | — | 3.0% | ||
| Q3 24 | — | 6.1% | ||
| Q2 24 | — | 9.8% | ||
| Q1 24 | — | 10.9% |
现金转化率AXSRIG
| Q4 25 | 2.18× | 13.96× | ||
| Q3 25 | 2.23× | — | ||
| Q2 25 | -7.41× | — | ||
| Q1 25 | 1.59× | — | ||
| Q4 24 | 1.21× | 29.43× | ||
| Q3 24 | 3.25× | — | ||
| Q2 24 | 2.44× | — | ||
| Q1 24 | 0.97× | -0.88× |
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% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
