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Brighthouse Financial, Inc.（BHF）与Digital Realty（DLR）财务数据对比。点击上方公司名可切换其他公司
Brighthouse Financial, Inc.的季度营收约是Digital Realty的1.0倍（$1.7B vs $1.6B），Brighthouse Financial, Inc.净利率更高（8.1% vs 6.0%，领先2.1%），Brighthouse Financial, Inc.同比增速更快（40.2% vs 16.1%），过去两年Brighthouse Financial, Inc.的营收复合增速更高（9.8% vs 9.8%）
Brighthouse Financial是总部位于美国北卡罗来纳州夏洛特的保险公司，核心业务为销售年金和人寿保险产品。截至2018年3月，该公司是美国规模领先的年金和人寿保险提供商之一，总资产达2190亿美元，有效保单及年金合约数量约260万份。
Digital Realty是一家全球知名的不动产投资信托企业，核心业务涵盖全球各地运营商中立数据中心的持有、运营与投资，可为客户提供数据中心部署、主机托管、网络互联等多元专业服务，能够满足不同企业对算力基础设施、数据存储及网络连接的多样化需求。
BHF vs DLR — 直观对比
营收规模更大
BHF
是对方的1.0倍
$1.6B
营收增速更快
BHF
高出24.0%
16.1%
净利率更高
BHF
高出2.1%
6.0%
两年增速更快
BHF
近两年复合增速
9.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.6B |
| 净利润 | $137.0M | $98.6M |
| 毛利率 | — | — |
| 营业利润率 | 8.9% | 6.9% |
| 净利率 | 8.1% | 6.0% |
| 营收同比 | 40.2% | 16.1% |
| 净利润同比 | -79.6% | -10.3% |
| 每股收益（稀释后） | $1.84 | $0.22 |
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BHFDLR
| Q1 26 | — | $1.6B | ||
| Q4 25 | $1.7B | $1.6B | ||
| Q3 25 | $1.8B | $1.6B | ||
| Q2 25 | $871.0M | $1.5B | ||
| Q1 25 | $2.4B | $1.4B | ||
| Q4 24 | $1.2B | $1.4B | ||
| Q3 24 | $2.0B | $1.4B | ||
| Q2 24 | $1.4B | $1.4B |
净利润BHFDLR
| Q1 26 | — | $98.6M | ||
| Q4 25 | $137.0M | $98.6M | ||
| Q3 25 | $479.0M | $67.8M | ||
| Q2 25 | $85.0M | $1.0B | ||
| Q1 25 | $-268.0M | $110.0M | ||
| Q4 24 | $671.0M | $189.6M | ||
| Q3 24 | $176.0M | $51.2M | ||
| Q2 24 | $34.0M | $80.2M |
营业利润率BHFDLR
| Q1 26 | — | 6.9% | ||
| Q4 25 | 8.9% | 6.9% | ||
| Q3 25 | 32.2% | 8.8% | ||
| Q2 25 | 10.7% | 14.2% | ||
| Q1 25 | -14.8% | 13.9% | ||
| Q4 24 | 69.2% | 10.1% | ||
| Q3 24 | 9.3% | 11.8% | ||
| Q2 24 | 1.0% | 0.7% |
净利率BHFDLR
| Q1 26 | — | 6.0% | ||
| Q4 25 | 8.1% | 6.0% | ||
| Q3 25 | 26.4% | 4.3% | ||
| Q2 25 | 9.8% | 69.1% | ||
| Q1 25 | -11.2% | 7.8% | ||
| Q4 24 | 55.7% | 13.2% | ||
| Q3 24 | 8.7% | 3.6% | ||
| Q2 24 | 2.4% | 5.9% |
每股收益（稀释后）BHFDLR
| Q1 26 | — | $0.22 | ||
| Q4 25 | $1.84 | $0.22 | ||
| Q3 25 | $7.89 | $0.15 | ||
| Q2 25 | $1.02 | $2.94 | ||
| Q1 25 | $-5.04 | $0.27 | ||
| Q4 24 | $10.27 | $0.50 | ||
| Q3 24 | $2.47 | $0.09 | ||
| Q2 24 | $0.12 | $0.20 |
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 | — | $3.5B |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $6.8B | $22.9B |
| 总资产 | $241.8B | $49.4B |
| 负债/权益比越低杠杆越低 | 0.47× | — |
8季度趋势，按日历期对齐
现金及短期投资BHFDLR
| Q1 26 | — | $3.5B | ||
| Q4 25 | — | $3.5B | ||
| Q3 25 | — | $3.3B | ||
| Q2 25 | — | $3.6B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | $1.9B | $3.9B | ||
| Q3 24 | $1.8B | $2.2B | ||
| Q2 24 | $1.4B | $2.3B |
总债务BHFDLR
| Q1 26 | — | — | ||
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.2B | — | ||
| Q2 25 | $3.2B | — | ||
| Q1 25 | $3.2B | — | ||
| Q4 24 | $3.2B | — | ||
| Q3 24 | $3.2B | — | ||
| Q2 24 | $3.2B | — |
股东权益BHFDLR
| Q1 26 | — | $22.9B | ||
| Q4 25 | $6.8B | $22.9B | ||
| Q3 25 | $6.4B | $23.0B | ||
| Q2 25 | $5.7B | $22.9B | ||
| Q1 25 | $5.2B | $21.3B | ||
| Q4 24 | $5.0B | $21.3B | ||
| Q3 24 | $5.5B | $21.2B | ||
| Q2 24 | $4.1B | $20.5B |
总资产BHFDLR
| Q1 26 | — | $49.4B | ||
| Q4 25 | $241.8B | $49.4B | ||
| Q3 25 | $244.7B | $48.7B | ||
| Q2 25 | $242.6B | $48.7B | ||
| Q1 25 | $234.7B | $45.1B | ||
| Q4 24 | $238.5B | $45.3B | ||
| Q3 24 | $245.2B | $45.3B | ||
| Q2 24 | $237.4B | $43.6B |
负债/权益比BHFDLR
| Q1 26 | — | — | ||
| Q4 25 | 0.47× | — | ||
| Q3 25 | 0.50× | — | ||
| Q2 25 | 0.56× | — | ||
| Q1 25 | 0.60× | — | ||
| Q4 24 | 0.64× | — | ||
| Q3 24 | 0.57× | — | ||
| Q2 24 | 0.76× | — |
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 | $-3.0M | — |
| 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 | -0.02× | — |
| 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
经营现金流BHFDLR
| Q1 26 | — | — | ||
| Q4 25 | $-3.0M | $719.0M | ||
| Q3 25 | $117.0M | $652.9M | ||
| Q2 25 | $-1.0M | $641.2M | ||
| Q1 25 | $146.0M | $399.1M | ||
| Q4 24 | $-118.0M | $769.5M | ||
| Q3 24 | $24.0M | $566.5M | ||
| Q2 24 | $334.0M | $573.2M |
现金转化率BHFDLR
| Q1 26 | — | — | ||
| Q4 25 | -0.02× | 7.29× | ||
| Q3 25 | 0.24× | 9.63× | ||
| Q2 25 | -0.01× | 0.62× | ||
| Q1 25 | — | 3.63× | ||
| Q4 24 | -0.18× | 4.06× | ||
| Q3 24 | 0.14× | 11.07× | ||
| Q2 24 | 9.82× | 7.15× |
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
BHF
| Annuities | $926.0M | 55% |
| Runoff | $319.0M | 19% |
| Life | $298.0M | 18% |
| Other | $78.0M | 5% |
| Distribution Service | $66.0M | 4% |
| Accident And Health Insurance Segment | $2.0M | 0% |
DLR
暂无分部数据
