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AXIS CAPITAL HOLDINGS LTD（AXS）与WHITE MOUNTAINS INSURANCE GROUP LTD（WTM）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WHITE MOUNTAINS INSURANCE GROUP LTD的1.1倍（$1.7B vs $1.6B），WHITE MOUNTAINS INSURANCE GROUP LTD净利率更高（52.1% vs 16.7%，领先35.4%），WHITE MOUNTAINS INSURANCE GROUP LTD同比增速更快（348.0% vs 17.8%），过去两年WHITE MOUNTAINS INSURANCE GROUP LTD的营收复合增速更高（57.4% 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。
怀特山保险集团是一家多元化保险及相关金融服务控股企业，总部位于百慕大汉密尔顿，1999年10月25日从美国特拉华州迁册至当前注册地，大部分业务通过旗下保险子公司及其他关联机构开展，覆盖多个保险及金融服务细分赛道。
AXS vs WTM — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.6B |
| 净利润 | $289.6M | $835.8M |
| 毛利率 | — | 97.1% |
| 营业利润率 | 19.0% | 56.2% |
| 净利率 | 16.7% | 52.1% |
| 营收同比 | 17.8% | 348.0% |
| 净利润同比 | -1.4% | 741.0% |
| 每股收益（稀释后） | $3.63 | $325.02 |
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
| Q4 25 | $1.7B | $1.6B | ||
| Q3 25 | $1.7B | $864.2M | ||
| Q2 25 | $1.6B | $689.2M | ||
| Q1 25 | $1.5B | $577.8M | ||
| Q4 24 | $1.5B | $358.0M | ||
| Q3 24 | $1.6B | $839.1M | ||
| Q2 24 | $1.5B | $395.4M | ||
| Q1 24 | $1.4B | $647.3M |
| Q4 25 | $289.6M | $835.8M | ||
| Q3 25 | $301.9M | $113.8M | ||
| Q2 25 | $223.4M | $122.9M | ||
| Q1 25 | $194.1M | $33.9M | ||
| Q4 24 | $293.6M | $-130.4M | ||
| Q3 24 | $180.7M | $179.0M | ||
| Q2 24 | $212.0M | $-54.6M | ||
| Q1 24 | $395.5M | $236.4M |
| Q4 25 | — | 97.1% | ||
| Q3 25 | — | 93.6% | ||
| Q2 25 | — | 93.8% | ||
| Q1 25 | — | 98.7% | ||
| Q4 24 | — | 97.9% | ||
| Q3 24 | — | 99.1% | ||
| Q2 24 | — | 98.2% | ||
| Q1 24 | — | 98.8% |
| Q4 25 | 19.0% | 56.2% | ||
| Q3 25 | 22.1% | 20.7% | ||
| Q2 25 | 17.2% | 25.6% | ||
| Q1 25 | 15.5% | 12.5% | ||
| Q4 24 | 18.6% | -33.7% | ||
| Q3 24 | 14.2% | 28.5% | ||
| Q2 24 | 17.4% | -8.8% | ||
| Q1 24 | 19.0% | 35.9% |
| Q4 25 | 16.7% | 52.1% | ||
| Q3 25 | 18.0% | 13.2% | ||
| Q2 25 | 13.7% | 17.8% | ||
| Q1 25 | 12.8% | 5.9% | ||
| Q4 24 | 20.0% | -36.4% | ||
| Q3 24 | 11.2% | 21.3% | ||
| Q2 24 | 14.6% | -13.8% | ||
| Q1 24 | 27.8% | 36.5% |
| Q4 25 | $3.63 | $325.02 | ||
| Q3 25 | $3.74 | $44.18 | ||
| Q2 25 | $2.72 | $47.75 | ||
| Q1 25 | $2.26 | $13.19 | ||
| Q4 24 | $3.38 | $-50.98 | ||
| Q3 24 | $2.04 | $69.68 | ||
| Q2 24 | $2.40 | $-21.24 | ||
| Q1 24 | $4.53 | $92.33 |
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 | — | $837.0M |
| 股东权益账面价值 | $6.4B | $5.4B |
| 总资产 | $34.5B | $12.3B |
| 负债/权益比越低杠杆越低 | — | 0.15× |
8季度趋势，按日历期对齐
| 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 | — |
| Q4 25 | — | $837.0M | ||
| Q3 25 | — | $870.4M | ||
| Q2 25 | — | $694.6M | ||
| Q1 25 | — | $676.1M | ||
| Q4 24 | — | $562.5M | ||
| Q3 24 | — | $544.9M | ||
| Q2 24 | — | $530.2M | ||
| Q1 24 | — | $532.1M |
| Q4 25 | $6.4B | $5.4B | ||
| Q3 25 | $6.4B | $4.8B | ||
| Q2 25 | $6.2B | $4.6B | ||
| Q1 25 | $5.9B | $4.5B | ||
| Q4 24 | $6.1B | $4.5B | ||
| Q3 24 | $6.1B | $4.6B | ||
| Q2 24 | $5.7B | $4.4B | ||
| Q1 24 | $5.5B | $4.5B |
| Q4 25 | $34.5B | $12.3B | ||
| Q3 25 | $34.3B | $12.3B | ||
| Q2 25 | $34.2B | $11.8B | ||
| Q1 25 | $33.2B | $11.0B | ||
| Q4 24 | $32.5B | $9.9B | ||
| Q3 24 | $32.7B | $10.3B | ||
| Q2 24 | $32.1B | $10.2B | ||
| Q1 24 | $31.8B | $9.6B |
| Q4 25 | — | 0.15× | ||
| Q3 25 | — | 0.18× | ||
| Q2 25 | — | 0.15× | ||
| Q1 25 | — | 0.15× | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | — | 0.12× | ||
| Q2 24 | — | 0.12× | ||
| Q1 24 | — | 0.12× |
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 | $53.9M |
| 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 | 2.18× | 0.06× |
| 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
| Q4 25 | $630.4M | $53.9M | ||
| Q3 25 | $673.8M | $359.3M | ||
| Q2 25 | $-1.7B | $177.5M | ||
| Q1 25 | $309.1M | $-40.2M | ||
| Q4 24 | $355.5M | $64.1M | ||
| Q3 24 | $587.0M | $269.4M | ||
| Q2 24 | $518.1M | $216.8M | ||
| Q1 24 | $384.1M | $36.5M |
| Q4 25 | 2.18× | 0.06× | ||
| Q3 25 | 2.23× | 3.16× | ||
| Q2 25 | -7.41× | 1.44× | ||
| Q1 25 | 1.59× | -1.19× | ||
| Q4 24 | 1.21× | — | ||
| Q3 24 | 3.25× | 1.51× | ||
| Q2 24 | 2.44× | — | ||
| Q1 24 | 0.97× | 0.15× |
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% |
WTM
暂无分部数据
