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Brighthouse Financial, Inc.（BHF）与新闻集团（NWSA）财务数据对比。点击上方公司名可切换其他公司
新闻集团的季度营收约是Brighthouse Financial, Inc.的1.4倍（$2.4B vs $1.7B），新闻集团净利率更高（8.2% vs 8.1%，领先0.1%），Brighthouse Financial, Inc.同比增速更快（40.2% vs 5.5%），过去两年Brighthouse Financial, Inc.的营收复合增速更高（9.8% vs -1.3%）
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。
新闻集团是全球知名的媒体集团，旗下拥有报纸、出版、数字媒体等多项媒体业务，在全球传媒领域拥有广泛影响力，专注于为受众提供及时多元的时事资讯与内容服务。
BHF vs NWSA — 直观对比
营收规模更大
NWSA
是对方的1.4倍
$1.7B
营收增速更快
BHF
高出34.6%
5.5%
净利率更高
NWSA
高出0.1%
8.1%
两年增速更快
BHF
近两年复合增速
-1.3%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $2.4B |
| 净利润 | $137.0M | $193.0M |
| 毛利率 | — | — |
| 营业利润率 | 8.9% | — |
| 净利率 | 8.1% | 8.2% |
| 营收同比 | 40.2% | 5.5% |
| 净利润同比 | -79.6% | -10.2% |
| 每股收益（稀释后） | $1.84 | $0.34 |
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BHFNWSA
| Q4 25 | $1.7B | $2.4B | ||
| Q3 25 | $1.8B | $2.1B | ||
| Q2 25 | $871.0M | $1.6B | ||
| Q1 25 | $2.4B | $2.0B | ||
| Q4 24 | $1.2B | $2.2B | ||
| Q3 24 | $2.0B | $2.6B | ||
| Q2 24 | $1.4B | $2.6B | ||
| Q1 24 | — | $2.4B |
净利润BHFNWSA
| Q4 25 | $137.0M | $193.0M | ||
| Q3 25 | $479.0M | $112.0M | ||
| Q2 25 | $85.0M | $743.0M | ||
| Q1 25 | $-268.0M | $103.0M | ||
| Q4 24 | $671.0M | $215.0M | ||
| Q3 24 | $176.0M | $119.0M | ||
| Q2 24 | $34.0M | $50.0M | ||
| Q1 24 | — | $30.0M |
营业利润率BHFNWSA
| Q4 25 | 8.9% | — | ||
| Q3 25 | 32.2% | — | ||
| Q2 25 | 10.7% | 8.5% | ||
| Q1 25 | -14.8% | 7.5% | ||
| Q4 24 | 69.2% | 19.2% | ||
| Q3 24 | 9.3% | 7.9% | ||
| Q2 24 | 1.0% | 4.3% | ||
| Q1 24 | — | 2.6% |
净利率BHFNWSA
| Q4 25 | 8.1% | 8.2% | ||
| Q3 25 | 26.4% | 5.2% | ||
| Q2 25 | 9.8% | 45.6% | ||
| Q1 25 | -11.2% | 5.1% | ||
| Q4 24 | 55.7% | 9.6% | ||
| Q3 24 | 8.7% | 4.6% | ||
| Q2 24 | 2.4% | 1.9% | ||
| Q1 24 | — | 1.2% |
每股收益（稀释后）BHFNWSA
| Q4 25 | $1.84 | $0.34 | ||
| Q3 25 | $7.89 | $0.20 | ||
| Q2 25 | $1.02 | $1.30 | ||
| Q1 25 | $-5.04 | $0.18 | ||
| Q4 24 | $10.27 | $0.38 | ||
| Q3 24 | $2.47 | $0.21 | ||
| Q2 24 | $0.12 | $0.09 | ||
| Q1 24 | — | $0.05 |
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 | — | $2.1B |
| 总债务越低越好 | $3.2B | $2.0B |
| 股东权益账面价值 | $6.8B | $8.8B |
| 总资产 | $241.8B | $15.5B |
| 负债/权益比越低杠杆越低 | 0.47× | 0.22× |
8季度趋势，按日历期对齐
现金及短期投资BHFNWSA
| Q4 25 | — | $2.1B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.4B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | $1.9B | $1.8B | ||
| Q3 24 | $1.8B | $1.8B | ||
| Q2 24 | $1.4B | $2.0B | ||
| Q1 24 | — | $1.9B |
总债务BHFNWSA
| Q4 25 | $3.2B | $2.0B | ||
| Q3 25 | $3.2B | $2.0B | ||
| Q2 25 | $3.2B | $2.0B | ||
| Q1 25 | $3.2B | $2.0B | ||
| Q4 24 | $3.2B | $2.0B | ||
| Q3 24 | $3.2B | $2.9B | ||
| Q2 24 | $3.2B | $2.9B | ||
| Q1 24 | — | $2.9B |
股东权益BHFNWSA
| Q4 25 | $6.8B | $8.8B | ||
| Q3 25 | $6.4B | $8.7B | ||
| Q2 25 | $5.7B | $8.8B | ||
| Q1 25 | $5.2B | $8.2B | ||
| Q4 24 | $5.0B | $8.1B | ||
| Q3 24 | $5.5B | $8.3B | ||
| Q2 24 | $4.1B | $8.1B | ||
| Q1 24 | — | $8.1B |
总资产BHFNWSA
| Q4 25 | $241.8B | $15.5B | ||
| Q3 25 | $244.7B | $15.3B | ||
| Q2 25 | $242.6B | $15.5B | ||
| Q1 25 | $234.7B | $16.6B | ||
| Q4 24 | $238.5B | $16.2B | ||
| Q3 24 | $245.2B | $16.9B | ||
| Q2 24 | $237.4B | $16.7B | ||
| Q1 24 | — | $16.5B |
负债/权益比BHFNWSA
| Q4 25 | 0.47× | 0.22× | ||
| Q3 25 | 0.50× | 0.22× | ||
| Q2 25 | 0.56× | 0.22× | ||
| Q1 25 | 0.60× | 0.24× | ||
| Q4 24 | 0.64× | 0.24× | ||
| Q3 24 | 0.57× | 0.35× | ||
| Q2 24 | 0.76× | 0.36× | ||
| Q1 24 | — | 0.36× |
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 | $231.0M |
| 自由现金流经营现金流 - 资本支出 | — | $132.0M |
| 自由现金流率自由现金流/营收 | — | 5.6% |
| 资本支出强度资本支出/营收 | — | 4.2% |
| 现金转化率经营现金流/净利润 | -0.02× | 1.20× |
| 过去12个月自由现金流最近4个季度 | — | $586.0M |
8季度趋势，按日历期对齐
经营现金流BHFNWSA
| Q4 25 | $-3.0M | $231.0M | ||
| Q3 25 | $117.0M | $85.0M | ||
| Q2 25 | $-1.0M | $189.0M | ||
| Q1 25 | $146.0M | $511.0M | ||
| Q4 24 | $-118.0M | $252.0M | ||
| Q3 24 | $24.0M | $64.0M | ||
| Q2 24 | $334.0M | $254.0M | ||
| Q1 24 | — | $539.0M |
自由现金流BHFNWSA
| Q4 25 | — | $132.0M | ||
| Q3 25 | — | $4.0M | ||
| Q2 25 | — | $32.0M | ||
| Q1 25 | — | $418.0M | ||
| Q4 24 | — | $190.0M | ||
| Q3 24 | — | $-31.0M | ||
| Q2 24 | — | $111.0M | ||
| Q1 24 | — | $422.0M |
自由现金流率BHFNWSA
| Q4 25 | — | 5.6% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 2.0% | ||
| Q1 25 | — | 20.8% | ||
| Q4 24 | — | 8.5% | ||
| Q3 24 | — | -1.2% | ||
| Q2 24 | — | 4.3% | ||
| Q1 24 | — | 17.4% |
资本支出强度BHFNWSA
| Q4 25 | — | 4.2% | ||
| Q3 25 | — | 3.8% | ||
| Q2 25 | — | 9.6% | ||
| Q1 25 | — | 4.6% | ||
| Q4 24 | — | 2.8% | ||
| Q3 24 | — | 3.7% | ||
| Q2 24 | — | 5.5% | ||
| Q1 24 | — | 4.8% |
现金转化率BHFNWSA
| Q4 25 | -0.02× | 1.20× | ||
| Q3 25 | 0.24× | 0.76× | ||
| Q2 25 | -0.01× | 0.25× | ||
| Q1 25 | — | 4.96× | ||
| Q4 24 | -0.18× | 1.17× | ||
| Q3 24 | 0.14× | 0.54× | ||
| Q2 24 | 9.82× | 5.08× | ||
| Q1 24 | — | 17.97× |
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% |
NWSA
| Book Publishing Segment | $633.0M | 27% |
| Consumer | $607.0M | 26% |
| News And Information Services Segment | $570.0M | 24% |
| Real Estate | $401.0M | 17% |
| Other Product Or Service | $173.0M | 7% |
