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加拿大国家铁路（CP）与哈特福德（HIG）财务数据对比。点击上方公司名可切换其他公司
哈特福德的季度营收约是加拿大国家铁路的1.4倍（$4.1B vs $2.8B），加拿大国家铁路净利率更高（27.7% vs 13.2%，领先14.5%），加拿大国家铁路同比增速更快（1.3% vs -43.7%），过去两年加拿大国家铁路的营收复合增速更高（5.6% vs -20.8%）
加拿大国家铁路是加拿大一级货运铁路企业，总部位于魁北克省蒙特利尔市，业务覆盖加拿大全境及美国中西部、南部区域，是加拿大两大主力货运铁路运营商之一，与加拿大太平洋堪萨斯城铁路公司齐名。
哈特福德（The Hartford）是美国头部保险企业，位列2024年《财富》世界500强第162位，总部位于康涅狄格州哈特福德市。集团拥有200余年行业经验，在财产意外险、员工福利及共同基金领域处于领先地位，凭借优质服务、可持续运营与诚信经营广受认可。
CP vs HIG — 直观对比
营收规模更大
HIG
是对方的1.4倍
$2.8B
营收增速更快
CP
高出45.0%
-43.7%
净利率更高
CP
高出14.5%
13.2%
两年增速更快
CP
近两年复合增速
-20.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $4.1B |
| 净利润 | $786.2M | $536.0M |
| 毛利率 | — | — |
| 营业利润率 | 41.4% | — |
| 净利率 | 27.7% | 13.2% |
| 营收同比 | 1.3% | -43.7% |
| 净利润同比 | -10.3% | 12.0% |
| 每股收益（稀释后） | — | — |
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CPHIG
| Q1 26 | — | $4.1B | ||
| Q4 25 | $2.8B | $7.3B | ||
| Q3 25 | $2.7B | $7.2B | ||
| Q2 25 | $2.7B | $7.0B | ||
| Q1 25 | $2.8B | $6.8B | ||
| Q4 24 | $2.8B | $6.9B | ||
| Q3 24 | $2.6B | $6.8B | ||
| Q2 24 | $2.6B | $6.5B |
净利润CPHIG
| Q1 26 | — | $536.0M | ||
| Q4 25 | $786.2M | — | ||
| Q3 25 | $671.6M | $1.1B | ||
| Q2 25 | $900.8M | $995.0M | ||
| Q1 25 | $664.3M | $630.0M | ||
| Q4 24 | $876.7M | — | ||
| Q3 24 | $611.0M | $767.0M | ||
| Q2 24 | $660.6M | $738.0M |
营业利润率CPHIG
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | 19.3% | ||
| Q3 25 | 36.8% | 18.2% | ||
| Q2 25 | 36.6% | 17.8% | ||
| Q1 25 | 35.0% | 11.5% | ||
| Q4 24 | 40.6% | 15.6% | ||
| Q3 24 | 34.3% | 14.1% | ||
| Q2 24 | 35.4% | 14.1% |
净利率CPHIG
| Q1 26 | — | 13.2% | ||
| Q4 25 | 27.7% | — | ||
| Q3 25 | 25.3% | 14.9% | ||
| Q2 25 | 33.6% | 14.2% | ||
| Q1 25 | 24.2% | 9.3% | ||
| Q4 24 | 31.2% | — | ||
| Q3 24 | 23.9% | 11.4% | ||
| Q2 24 | 25.3% | 11.4% |
每股收益（稀释后）CPHIG
| Q1 26 | — | — | ||
| Q4 25 | — | $3.96 | ||
| Q3 25 | — | $3.77 | ||
| Q2 25 | — | $3.44 | ||
| Q1 25 | — | $2.15 | ||
| Q4 24 | — | $2.88 | ||
| Q3 24 | — | $2.56 | ||
| Q2 24 | — | $2.44 |
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 | $134.3M | $1.7M |
| 总债务越低越好 | $14.6B | — |
| 股东权益账面价值 | $33.5B | $16.8M |
| 总资产 | $62.7B | $86.3M |
| 负债/权益比越低杠杆越低 | 0.43× | — |
8季度趋势，按日历期对齐
现金及短期投资CPHIG
| Q1 26 | — | $1.7M | ||
| Q4 25 | $134.3M | — | ||
| Q3 25 | $300.0M | — | ||
| Q2 25 | $583.3M | — | ||
| Q1 25 | $507.4M | — | ||
| Q4 24 | $539.5M | — | ||
| Q3 24 | $338.0M | — | ||
| Q2 24 | $406.6M | — |
总债务CPHIG
| Q1 26 | — | — | ||
| Q4 25 | $14.6B | $4.4B | ||
| Q3 25 | $15.8B | $4.4B | ||
| Q2 25 | $15.5B | $4.4B | ||
| Q1 25 | $15.4B | $4.4B | ||
| Q4 24 | $14.5B | $4.4B | ||
| Q3 24 | $13.7B | $4.4B | ||
| Q2 24 | $13.8B | $4.4B |
股东权益CPHIG
| Q1 26 | — | $16.8M | ||
| Q4 25 | $33.5B | $19.0B | ||
| Q3 25 | $33.4B | $18.4B | ||
| Q2 25 | $33.7B | $17.5B | ||
| Q1 25 | $35.2B | $16.8B | ||
| Q4 24 | $35.0B | $16.4B | ||
| Q3 24 | $32.2B | $17.0B | ||
| Q2 24 | $32.0B | $15.7B |
总资产CPHIG
| Q1 26 | — | $86.3M | ||
| Q4 25 | $62.7B | $86.0B | ||
| Q3 25 | $63.3B | $85.0B | ||
| Q2 25 | $62.2B | $83.6B | ||
| Q1 25 | $64.3B | $82.3B | ||
| Q4 24 | $64.1B | $80.9B | ||
| Q3 24 | $60.0B | $81.2B | ||
| Q2 24 | $60.4B | $79.0B |
负债/权益比CPHIG
| Q1 26 | — | — | ||
| Q4 25 | 0.43× | 0.23× | ||
| Q3 25 | 0.47× | 0.24× | ||
| Q2 25 | 0.46× | 0.25× | ||
| Q1 25 | 0.44× | 0.26× | ||
| Q4 24 | 0.41× | 0.27× | ||
| Q3 24 | 0.42× | 0.26× | ||
| Q2 24 | 0.43× | 0.28× |
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 | $1.1B | — |
| 自由现金流经营现金流 - 资本支出 | $537.3M | — |
| 自由现金流率自由现金流/营收 | 18.9% | — |
| 资本支出强度资本支出/营收 | 20.2% | — |
| 现金转化率经营现金流/净利润 | 1.42× | — |
| 过去12个月自由现金流最近4个季度 | $1.6B | — |
8季度趋势，按日历期对齐
经营现金流CPHIG
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $5.9B | ||
| Q3 25 | $930.0M | $1.8B | ||
| Q2 25 | $989.1M | $1.3B | ||
| Q1 25 | $843.9M | $985.0M | ||
| Q4 24 | $1.2B | $5.9B | ||
| Q3 24 | $928.6M | $1.7B | ||
| Q2 24 | $932.9M | $1.3B |
自由现金流CPHIG
| Q1 26 | — | — | ||
| Q4 25 | $537.3M | $5.8B | ||
| Q3 25 | $302.2M | $1.8B | ||
| Q2 25 | $446.8M | $1.3B | ||
| Q1 25 | $324.9M | $947.0M | ||
| Q4 24 | $702.3M | $5.8B | ||
| Q3 24 | $382.5M | $1.6B | ||
| Q2 24 | $343.1M | $1.2B |
自由现金流率CPHIG
| Q1 26 | — | — | ||
| Q4 25 | 18.9% | 78.4% | ||
| Q3 25 | 11.4% | 24.8% | ||
| Q2 25 | 16.7% | 17.9% | ||
| Q1 25 | 11.8% | 13.9% | ||
| Q4 24 | 25.0% | 83.8% | ||
| Q3 24 | 15.0% | 24.0% | ||
| Q2 24 | 13.1% | 18.5% |
资本支出强度CPHIG
| Q1 26 | — | — | ||
| Q4 25 | 20.2% | 2.3% | ||
| Q3 25 | 23.7% | 0.6% | ||
| Q2 25 | 20.2% | 0.6% | ||
| Q1 25 | 18.9% | 0.6% | ||
| Q4 24 | 19.3% | 2.1% | ||
| Q3 24 | 21.4% | 0.9% | ||
| Q2 24 | 22.6% | 0.9% |
现金转化率CPHIG
| Q1 26 | — | — | ||
| Q4 25 | 1.42× | — | ||
| Q3 25 | 1.38× | 1.70× | ||
| Q2 25 | 1.10× | 1.30× | ||
| Q1 25 | 1.27× | 1.56× | ||
| Q4 24 | 1.42× | — | ||
| Q3 24 | 1.52× | 2.19× | ||
| Q2 24 | 1.41× | 1.71× |
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
CP
暂无分部数据
HIG
| Earned premiums | $3.6B | 88% |
| Other | $486.0M | 12% |
| Fee income | $12.0M | 0% |
