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CNO Financial Group, Inc.（CNO）与Ubiquiti Inc.（UI）财务数据对比。点击上方公司名可切换其他公司
CNO Financial Group, Inc.的季度营收约是Ubiquiti Inc.的1.4倍（$1.1B vs $814.9M），Ubiquiti Inc.净利率更高（28.7% vs 8.8%，领先19.9%），Ubiquiti Inc.同比增速更快（35.8% vs 4.2%），过去两年Ubiquiti Inc.的营收复合增速更高（28.6% vs -0.6%）
CNO金融集团是总部位于美国印第安纳州卡梅尔的金融服务控股公司，前身为康塞科公司。集团旗下保险子公司为美国超400万客户提供人寿保险、年金和补充健康保险产品，通过独立代理人、专属代理人，以及电视广告、直邮等直销触达用户。
Ubiquiti Inc.是一家美国科技企业，2003年于加利福尼亚州圣何塞成立，目前总部位于纽约。公司旗下拥有多个品牌，主营面向企业及家庭用户的有线、无线数据通信产品的研发、生产与销售。
CNO vs UI — 直观对比
营收规模更大
CNO
是对方的1.4倍
$814.9M
营收增速更快
UI
高出31.7%
4.2%
净利率更高
UI
高出19.9%
8.8%
两年增速更快
UI
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $814.9M |
| 净利润 | $100.7M | $233.6M |
| 毛利率 | — | 45.9% |
| 营业利润率 | 15.2% | 35.9% |
| 净利率 | 8.8% | 28.7% |
| 营收同比 | 4.2% | 35.8% |
| 净利润同比 | -39.4% | 70.8% |
| 每股收益（稀释后） | $1.02 | $3.86 |
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CNOUI
| Q4 25 | $1.1B | $814.9M | ||
| Q3 25 | $1.2B | $733.8M | ||
| Q2 25 | $1.2B | $759.2M | ||
| Q1 25 | $1.0B | $664.2M | ||
| Q4 24 | $1.1B | $599.9M | ||
| Q3 24 | $1.1B | $550.3M | ||
| Q2 24 | $1.1B | $507.5M | ||
| Q1 24 | $1.2B | $493.0M |
净利润CNOUI
| Q4 25 | $100.7M | $233.6M | ||
| Q3 25 | $23.1M | $207.9M | ||
| Q2 25 | $91.8M | $266.7M | ||
| Q1 25 | $13.7M | $180.4M | ||
| Q4 24 | $166.1M | $136.8M | ||
| Q3 24 | $9.3M | $128.0M | ||
| Q2 24 | $116.3M | $103.8M | ||
| Q1 24 | $112.3M | $76.3M |
毛利率CNOUI
| Q4 25 | — | 45.9% | ||
| Q3 25 | — | 46.0% | ||
| Q2 25 | — | 45.1% | ||
| Q1 25 | — | 44.5% | ||
| Q4 24 | — | 41.2% | ||
| Q3 24 | — | 42.1% | ||
| Q2 24 | — | 40.2% | ||
| Q1 24 | — | 35.3% |
营业利润率CNOUI
| Q4 25 | 15.2% | 35.9% | ||
| Q3 25 | 13.7% | 35.7% | ||
| Q2 25 | 9.8% | 34.4% | ||
| Q1 25 | 10.4% | 34.2% | ||
| Q4 24 | 15.8% | 29.8% | ||
| Q3 24 | 13.6% | 30.7% | ||
| Q2 24 | 13.9% | 27.3% | ||
| Q1 24 | 6.5% | 22.6% |
净利率CNOUI
| Q4 25 | 8.8% | 28.7% | ||
| Q3 25 | 1.9% | 28.3% | ||
| Q2 25 | 8.0% | 35.1% | ||
| Q1 25 | 1.4% | 27.2% | ||
| Q4 24 | 15.1% | 22.8% | ||
| Q3 24 | 0.8% | 23.3% | ||
| Q2 24 | 10.9% | 20.5% | ||
| Q1 24 | 9.7% | 15.5% |
每股收益（稀释后）CNOUI
| Q4 25 | $1.02 | $3.86 | ||
| Q3 25 | $0.24 | $3.43 | ||
| Q2 25 | $0.91 | $4.40 | ||
| Q1 25 | $0.13 | $2.98 | ||
| Q4 24 | $1.58 | $2.26 | ||
| Q3 24 | $0.09 | $2.12 | ||
| Q2 24 | $1.06 | $1.72 | ||
| Q1 24 | $1.01 | $1.26 |
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 | — | $302.8M |
| 总债务越低越好 | — | $47.5M |
| 股东权益账面价值 | $2.6B | $1.0B |
| 总资产 | $38.8B | $1.6B |
| 负债/权益比越低杠杆越低 | — | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资CNOUI
| Q4 25 | — | $302.8M | ||
| Q3 25 | — | $177.2M | ||
| Q2 25 | — | $149.7M | ||
| Q1 25 | — | $151.0M | ||
| Q4 24 | — | $133.1M | ||
| Q3 24 | — | $165.2M | ||
| Q2 24 | — | $126.3M | ||
| Q1 24 | — | $102.5M |
总债务CNOUI
| Q4 25 | — | $47.5M | ||
| Q3 25 | — | $133.8M | ||
| Q2 25 | — | $250.0M | ||
| Q1 25 | — | $340.0M | ||
| Q4 24 | — | $406.3M | ||
| Q3 24 | — | $552.5M | ||
| Q2 24 | — | $708.1M | ||
| Q1 24 | — | $877.5M |
股东权益CNOUI
| Q4 25 | $2.6B | $1.0B | ||
| Q3 25 | $2.6B | $828.4M | ||
| Q2 25 | $2.5B | $668.3M | ||
| Q1 25 | $2.5B | $436.1M | ||
| Q4 24 | $2.5B | $290.4M | ||
| Q3 24 | $2.7B | $188.1M | ||
| Q2 24 | $2.4B | $95.1M | ||
| Q1 24 | $2.4B | $25.9M |
总资产CNOUI
| Q4 25 | $38.8B | $1.6B | ||
| Q3 25 | $38.3B | $1.5B | ||
| Q2 25 | $37.3B | $1.5B | ||
| Q1 25 | $37.4B | $1.3B | ||
| Q4 24 | $37.9B | $1.2B | ||
| Q3 24 | $37.6B | $1.2B | ||
| Q2 24 | $36.3B | $1.2B | ||
| Q1 24 | $34.9B | $1.2B |
负债/权益比CNOUI
| Q4 25 | — | 0.05× | ||
| Q3 25 | — | 0.16× | ||
| Q2 25 | — | 0.37× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | — | 1.40× | ||
| Q3 24 | — | 2.94× | ||
| Q2 24 | — | 7.45× | ||
| Q1 24 | — | 33.92× |
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 | $195.7M | $263.9M |
| 自由现金流经营现金流 - 资本支出 | — | $260.3M |
| 自由现金流率自由现金流/营收 | — | 31.9% |
| 资本支出强度资本支出/营收 | — | 0.4% |
| 现金转化率经营现金流/净利润 | 1.94× | 1.13× |
| 过去12个月自由现金流最近4个季度 | — | $699.5M |
8季度趋势，按日历期对齐
经营现金流CNOUI
| Q4 25 | $195.7M | $263.9M | ||
| Q3 25 | $197.8M | $198.5M | ||
| Q2 25 | $145.5M | $130.4M | ||
| Q1 25 | $136.7M | $123.6M | ||
| Q4 24 | $191.0M | $152.4M | ||
| Q3 24 | $231.2M | $233.7M | ||
| Q2 24 | $110.9M | $231.4M | ||
| Q1 24 | $94.6M | $163.9M |
自由现金流CNOUI
| Q4 25 | — | $260.3M | ||
| Q3 25 | — | $193.3M | ||
| Q2 25 | — | $125.2M | ||
| Q1 25 | — | $120.7M | ||
| Q4 24 | — | $150.4M | ||
| Q3 24 | — | $231.1M | ||
| Q2 24 | — | $229.5M | ||
| Q1 24 | — | $160.6M |
自由现金流率CNOUI
| Q4 25 | — | 31.9% | ||
| Q3 25 | — | 26.3% | ||
| Q2 25 | — | 16.5% | ||
| Q1 25 | — | 18.2% | ||
| Q4 24 | — | 25.1% | ||
| Q3 24 | — | 42.0% | ||
| Q2 24 | — | 45.2% | ||
| Q1 24 | — | 32.6% |
资本支出强度CNOUI
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 0.7% |
现金转化率CNOUI
| Q4 25 | 1.94× | 1.13× | ||
| Q3 25 | 8.56× | 0.95× | ||
| Q2 25 | 1.58× | 0.49× | ||
| Q1 25 | 9.98× | 0.68× | ||
| Q4 24 | 1.15× | 1.11× | ||
| Q3 24 | 24.86× | 1.83× | ||
| Q2 24 | 0.95× | 2.23× | ||
| Q1 24 | 0.84× | 2.15× |
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
CNO
| Health Insurance Product Line | $496.4M | 43% |
| Life Insurance Segment | $268.8M | 24% |
| Other | $207.2M | 18% |
| Life And Annuity Insurance Product Line | $170.7M | 15% |
UI
| Enterprise Technology | $729.0M | 89% |
| Service Provider Technology | $85.9M | 11% |
