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Cincinnati Financial（CINF）与Loews Corporation（L）财务数据对比。点击上方公司名可切换其他公司
Cincinnati Financial的季度营收约是Loews Corporation的3.4倍（$2.8B vs $827.0M），Loews Corporation净利率更高（48.6% vs 9.6%，领先39.0%），Loews Corporation同比增速更快（4.8% vs -1.7%），过去两年Loews Corporation的营收复合增速更高（7.9% vs 5.2%）
辛辛那提金融公司主营财产与意外伤害保险，通过旗下辛辛那提保险公司、辛辛那提赔偿公司及辛辛那提意外伤害保险公司运营核心业务。目前该公司在美国国内财险保费市场占比达1.01%，按市场份额计算位列美国第20大保险公司。
Loews Corporation是一家总部位于美国的多元化综合企业集团，旗下子公司业务覆盖财产保险、天然气管道运输、酒店运营、油气勘探生产等核心领域，主要服务北美市场的商业、消费者及工业客户。
CINF vs L — 直观对比
营收规模更大
CINF
是对方的3.4倍
$827.0M
营收增速更快
L
高出6.6%
-1.7%
净利率更高
L
高出39.0%
9.6%
两年增速更快
L
近两年复合增速
5.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $827.0M |
| 净利润 | $274.0M | $402.0M |
| 毛利率 | — | — |
| 营业利润率 | — | 65.4% |
| 净利率 | 9.6% | 48.6% |
| 营收同比 | -1.7% | 4.8% |
| 净利润同比 | 404.4% | 115.0% |
| 每股收益（稀释后） | — | $1.93 |
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CINFL
| Q1 26 | $2.8B | — | ||
| Q4 25 | $3.1B | $827.0M | ||
| Q3 25 | $3.7B | $732.0M | ||
| Q2 25 | $3.2B | $769.0M | ||
| Q1 25 | $2.6B | $846.0M | ||
| Q4 24 | $2.5B | $789.0M | ||
| Q3 24 | $3.3B | $683.0M | ||
| Q2 24 | $2.5B | $711.0M |
净利润CINFL
| Q1 26 | $274.0M | — | ||
| Q4 25 | $676.0M | $402.0M | ||
| Q3 25 | $1.1B | $504.0M | ||
| Q2 25 | $685.0M | $391.0M | ||
| Q1 25 | $-90.0M | $370.0M | ||
| Q4 24 | $405.0M | $187.0M | ||
| Q3 24 | $820.0M | $401.0M | ||
| Q2 24 | $312.0M | $369.0M |
营业利润率CINFL
| Q1 26 | — | — | ||
| Q4 25 | 27.2% | 65.4% | ||
| Q3 25 | 37.9% | 94.1% | ||
| Q2 25 | 26.3% | 70.1% | ||
| Q1 25 | -5.0% | 60.8% | ||
| Q4 24 | 18.9% | 23.8% | ||
| Q3 24 | 31.3% | 80.5% | ||
| Q2 24 | 15.2% | 71.3% |
净利率CINFL
| Q1 26 | 9.6% | — | ||
| Q4 25 | 21.9% | 48.6% | ||
| Q3 25 | 30.1% | 68.9% | ||
| Q2 25 | 21.1% | 50.8% | ||
| Q1 25 | -3.5% | 43.7% | ||
| Q4 24 | 16.0% | 23.7% | ||
| Q3 24 | 24.7% | 58.7% | ||
| Q2 24 | 12.3% | 51.9% |
每股收益（稀释后）CINFL
| Q1 26 | — | — | ||
| Q4 25 | $4.29 | $1.93 | ||
| Q3 25 | $7.11 | $2.43 | ||
| Q2 25 | $4.34 | $1.87 | ||
| Q1 25 | $-0.57 | $1.74 | ||
| Q4 24 | $2.57 | $0.87 | ||
| Q3 24 | $5.20 | $1.82 | ||
| Q2 24 | $1.98 | $1.67 |
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 | $1.2B | $6.0B |
| 总债务越低越好 | $816.0M | $8.4B |
| 股东权益账面价值 | $15.7B | $18.7B |
| 总资产 | $41.2B | $86.3B |
| 负债/权益比越低杠杆越低 | 0.05× | 0.45× |
8季度趋势，按日历期对齐
现金及短期投资CINFL
| Q1 26 | $1.2B | — | ||
| Q4 25 | $148.0M | $6.0B | ||
| Q3 25 | $1.6B | $5.4B | ||
| Q2 25 | $1.1B | $4.5B | ||
| Q1 25 | $1.1B | $4.4B | ||
| Q4 24 | $1.3B | $4.6B | ||
| Q3 24 | $1.8B | $5.2B | ||
| Q2 24 | $771.0M | $4.9B |
总债务CINFL
| Q1 26 | $816.0M | — | ||
| Q4 25 | $861.0M | $8.4B | ||
| Q3 25 | $858.0M | $8.4B | ||
| Q2 25 | $859.0M | $7.9B | ||
| Q1 25 | $853.0M | $8.4B | ||
| Q4 24 | $850.0M | $8.9B | ||
| Q3 24 | $849.0M | $8.8B | ||
| Q2 24 | $849.0M | $8.6B |
股东权益CINFL
| Q1 26 | $15.7B | — | ||
| Q4 25 | $15.9B | $18.7B | ||
| Q3 25 | $15.4B | $18.3B | ||
| Q2 25 | $14.3B | $17.5B | ||
| Q1 25 | $13.7B | $17.2B | ||
| Q4 24 | $13.9B | $17.1B | ||
| Q3 24 | $13.8B | $17.4B | ||
| Q2 24 | $12.8B | $16.4B |
总资产CINFL
| Q1 26 | $41.2B | — | ||
| Q4 25 | $41.0B | $86.3B | ||
| Q3 25 | $40.6B | $85.9B | ||
| Q2 25 | $38.8B | $84.7B | ||
| Q1 25 | $37.3B | $83.1B | ||
| Q4 24 | $36.5B | $81.9B | ||
| Q3 24 | $37.0B | $83.6B | ||
| Q2 24 | $34.8B | $81.1B |
负债/权益比CINFL
| Q1 26 | 0.05× | — | ||
| Q4 25 | 0.05× | 0.45× | ||
| Q3 25 | 0.06× | 0.46× | ||
| Q2 25 | 0.06× | 0.45× | ||
| Q1 25 | 0.06× | 0.49× | ||
| Q4 24 | 0.06× | 0.52× | ||
| Q3 24 | 0.06× | 0.51× | ||
| Q2 24 | 0.07× | 0.52× |
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 | — | $617.0M |
| 自由现金流经营现金流 - 资本支出 | — | $426.0M |
| 自由现金流率自由现金流/营收 | — | 51.5% |
| 资本支出强度资本支出/营收 | — | 23.1% |
| 现金转化率经营现金流/净利润 | — | 1.53× |
| 过去12个月自由现金流最近4个季度 | — | $2.7B |
8季度趋势，按日历期对齐
经营现金流CINFL
| Q1 26 | — | — | ||
| Q4 25 | $947.0M | $617.0M | ||
| Q3 25 | $1.1B | $920.0M | ||
| Q2 25 | $741.0M | $1.0B | ||
| Q1 25 | $310.0M | $736.0M | ||
| Q4 24 | $642.0M | $941.0M | ||
| Q3 24 | $912.0M | $934.0M | ||
| Q2 24 | $742.0M | $952.0M |
自由现金流CINFL
| Q1 26 | — | — | ||
| Q4 25 | $939.0M | $426.0M | ||
| Q3 25 | $1.1B | $764.0M | ||
| Q2 25 | $737.0M | $872.0M | ||
| Q1 25 | $307.0M | $638.0M | ||
| Q4 24 | $638.0M | $767.0M | ||
| Q3 24 | $906.0M | $794.0M | ||
| Q2 24 | $737.0M | $793.0M |
自由现金流率CINFL
| Q1 26 | — | — | ||
| Q4 25 | 30.4% | 51.5% | ||
| Q3 25 | 29.8% | 104.4% | ||
| Q2 25 | 22.7% | 113.4% | ||
| Q1 25 | 12.0% | 75.4% | ||
| Q4 24 | 25.1% | 97.2% | ||
| Q3 24 | 27.3% | 116.3% | ||
| Q2 24 | 29.0% | 111.5% |
资本支出强度CINFL
| Q1 26 | — | — | ||
| Q4 25 | 0.3% | 23.1% | ||
| Q3 25 | 0.1% | 21.3% | ||
| Q2 25 | 0.1% | 17.4% | ||
| Q1 25 | 0.1% | 11.6% | ||
| Q4 24 | 0.2% | 22.1% | ||
| Q3 24 | 0.2% | 20.5% | ||
| Q2 24 | 0.2% | 22.4% |
现金转化率CINFL
| Q1 26 | — | — | ||
| Q4 25 | 1.40× | 1.53× | ||
| Q3 25 | 0.99× | 1.83× | ||
| Q2 25 | 1.08× | 2.57× | ||
| Q1 25 | — | 1.99× | ||
| Q4 24 | 1.59× | 5.03× | ||
| Q3 24 | 1.11× | 2.33× | ||
| Q2 24 | 2.38× | 2.58× |
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
CINF
| Property casualty | $2.6B | 93% |
| Life | $105.0M | 4% |
| Other | $92.0M | 3% |
| Fee revenues | $1.0M | 0% |
L
| Transportation And Storage Of Natural Gas And NG Ls And Ethane Supply And Transportation Services | $601.0M | 73% |
| Lodging And Related Services | $226.0M | 27% |
