vs
德纳（DAN）与MERCURY GENERAL CORP（MCY）财务数据对比。点击上方公司名可切换其他公司
MERCURY GENERAL CORP的季度营收约是德纳的1.2倍（$1.5B vs $1.3B），MERCURY GENERAL CORP净利率更高（13.2% vs -3.9%，领先17.0%），MERCURY GENERAL CORP同比增速更快（12.4% vs -44.5%），德纳自由现金流更多（$345.0M vs $273.9M），过去两年MERCURY GENERAL CORP的营收复合增速更高（9.8% vs -31.2%）
德纳（Dana Inc.）是美国知名汽车零部件供应商，创立于1904年，总部位于俄亥俄州莫米。公司为传统燃油车、混合动力车及电动车提供车桥、传动轴，以及电驱动、热管理、密封、数字设备等产品，服务于轻型车、商用车市场，业务遍及33个国家，员工近2.8万人，2022年销售额达102亿美元，位列财富世界500强。
水星通用集团是一家综合性保险机构，业务覆盖个人车险、房主保险、租客保险及商业保险等多个品类，其中车险与房主保险是公司的核心经营板块。
DAN vs MCY — 直观对比
营收规模更大
MCY
是对方的1.2倍
$1.3B
营收增速更快
MCY
高出56.9%
-44.5%
净利率更高
MCY
高出17.0%
-3.9%
自由现金流更多
DAN
多$71.1M
$273.9M
两年增速更快
MCY
近两年复合增速
-31.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.5B |
| 净利润 | $-50.0M | $202.5M |
| 毛利率 | 6.0% | 99.7% |
| 营业利润率 | -0.2% | 16.2% |
| 净利率 | -3.9% | 13.2% |
| 营收同比 | -44.5% | 12.4% |
| 净利润同比 | 37.5% | 100.4% |
| 每股收益（稀释后） | $-0.36 | $3.66 |
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DANMCY
| Q4 25 | $1.3B | $1.5B | ||
| Q3 25 | $1.9B | $1.6B | ||
| Q2 25 | $1.9B | $1.5B | ||
| Q1 25 | $2.4B | $1.4B | ||
| Q4 24 | $2.3B | $1.4B | ||
| Q3 24 | $2.5B | $1.5B | ||
| Q2 24 | $2.7B | $1.3B | ||
| Q1 24 | $2.7B | $1.3B |
净利润DANMCY
| Q4 25 | $-50.0M | $202.5M | ||
| Q3 25 | $83.0M | $280.4M | ||
| Q2 25 | $27.0M | $166.5M | ||
| Q1 25 | $25.0M | $-108.3M | ||
| Q4 24 | $-80.0M | $101.1M | ||
| Q3 24 | $4.0M | $230.9M | ||
| Q2 24 | $16.0M | $62.6M | ||
| Q1 24 | $3.0M | $73.5M |
毛利率DANMCY
| Q4 25 | 6.0% | 99.7% | ||
| Q3 25 | 8.7% | 99.8% | ||
| Q2 25 | 7.1% | 99.8% | ||
| Q1 25 | 9.4% | 99.7% | ||
| Q4 24 | 5.7% | 99.7% | ||
| Q3 24 | 9.9% | 99.8% | ||
| Q2 24 | 9.3% | 99.8% | ||
| Q1 24 | 8.9% | 99.7% |
营业利润率DANMCY
| Q4 25 | -0.2% | 16.2% | ||
| Q3 25 | 2.8% | 22.1% | ||
| Q2 25 | 0.8% | 14.0% | ||
| Q1 25 | 3.1% | -10.2% | ||
| Q4 24 | -1.5% | 9.0% | ||
| Q3 24 | 3.6% | 18.8% | ||
| Q2 24 | 3.8% | 5.8% | ||
| Q1 24 | 2.6% | 7.0% |
净利率DANMCY
| Q4 25 | -3.9% | 13.2% | ||
| Q3 25 | 4.3% | 17.7% | ||
| Q2 25 | 1.4% | 11.3% | ||
| Q1 25 | 1.1% | -7.8% | ||
| Q4 24 | -3.4% | 7.4% | ||
| Q3 24 | 0.2% | 15.1% | ||
| Q2 24 | 0.6% | 4.8% | ||
| Q1 24 | 0.1% | 5.8% |
每股收益（稀释后）DANMCY
| Q4 25 | $-0.36 | $3.66 | ||
| Q3 25 | $0.64 | $5.06 | ||
| Q2 25 | $0.19 | $3.01 | ||
| Q1 25 | $0.17 | $-1.96 | ||
| Q4 24 | $-0.55 | $1.82 | ||
| Q3 24 | $0.03 | $4.17 | ||
| Q2 24 | $0.11 | $1.13 | ||
| Q1 24 | $0.02 | $1.33 |
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 | $469.0M | — |
| 总债务越低越好 | $2.6B | $575.0M |
| 股东权益账面价值 | $840.0M | $2.4B |
| 总资产 | $7.8B | $9.6B |
| 负债/权益比越低杠杆越低 | 3.05× | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资DANMCY
| Q4 25 | $469.0M | — | ||
| Q3 25 | $414.0M | — | ||
| Q2 25 | $486.0M | — | ||
| Q1 25 | $507.0M | — | ||
| Q4 24 | $494.0M | — | ||
| Q3 24 | $419.0M | — | ||
| Q2 24 | $419.0M | — | ||
| Q1 24 | $351.0M | — |
总债务DANMCY
| Q4 25 | $2.6B | $575.0M | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.4B | — | ||
| Q4 24 | $2.4B | $575.0M | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.6B | — |
股东权益DANMCY
| Q4 25 | $840.0M | $2.4B | ||
| Q3 25 | $1.1B | $2.2B | ||
| Q2 25 | $1.2B | $2.0B | ||
| Q1 25 | $1.4B | $1.8B | ||
| Q4 24 | $1.3B | $1.9B | ||
| Q3 24 | $1.5B | $1.9B | ||
| Q2 24 | $1.5B | $1.6B | ||
| Q1 24 | $1.5B | $1.6B |
总资产DANMCY
| Q4 25 | $7.8B | $9.6B | ||
| Q3 25 | $8.1B | $9.4B | ||
| Q2 25 | $8.1B | $9.1B | ||
| Q1 25 | $7.8B | $9.0B | ||
| Q4 24 | $7.5B | $8.3B | ||
| Q3 24 | $7.9B | $8.2B | ||
| Q2 24 | $7.8B | $7.7B | ||
| Q1 24 | $7.9B | $7.4B |
负债/权益比DANMCY
| Q4 25 | 3.05× | 0.24× | ||
| Q3 25 | 2.35× | — | ||
| Q2 25 | 2.13× | — | ||
| Q1 25 | 1.76× | — | ||
| Q4 24 | 1.79× | 0.30× | ||
| Q3 24 | 1.65× | — | ||
| Q2 24 | 1.62× | — | ||
| Q1 24 | 1.68× | — |
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 | $406.0M | $287.9M |
| 自由现金流经营现金流 - 资本支出 | $345.0M | $273.9M |
| 自由现金流率自由现金流/营收 | 26.6% | 17.8% |
| 资本支出强度资本支出/营收 | 4.7% | 0.9% |
| 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 | $298.0M | $1.0B |
8季度趋势，按日历期对齐
经营现金流DANMCY
| Q4 25 | $406.0M | $287.9M | ||
| Q3 25 | $111.0M | $496.4M | ||
| Q2 25 | $32.0M | $371.6M | ||
| Q1 25 | $-37.0M | $-68.7M | ||
| Q4 24 | $302.0M | $248.3M | ||
| Q3 24 | $35.0M | $318.1M | ||
| Q2 24 | $215.0M | $278.0M | ||
| Q1 24 | $-102.0M | $192.6M |
自由现金流DANMCY
| Q4 25 | $345.0M | $273.9M | ||
| Q3 25 | $62.0M | $479.5M | ||
| Q2 25 | $3.0M | $357.2M | ||
| Q1 25 | $-112.0M | $-81.9M | ||
| Q4 24 | $149.0M | $236.0M | ||
| Q3 24 | $-11.0M | $306.2M | ||
| Q2 24 | $104.0M | $266.5M | ||
| Q1 24 | $-172.0M | $182.4M |
自由现金流率DANMCY
| Q4 25 | 26.6% | 17.8% | ||
| Q3 25 | 3.2% | 30.3% | ||
| Q2 25 | 0.2% | 24.2% | ||
| Q1 25 | -4.8% | -5.9% | ||
| Q4 24 | 6.4% | 17.3% | ||
| Q3 24 | -0.4% | 20.0% | ||
| Q2 24 | 3.8% | 20.4% | ||
| Q1 24 | -6.3% | 14.3% |
资本支出强度DANMCY
| Q4 25 | 4.7% | 0.9% | ||
| Q3 25 | 2.6% | 1.1% | ||
| Q2 25 | 1.5% | 1.0% | ||
| Q1 25 | 3.2% | 0.9% | ||
| Q4 24 | 6.6% | 0.9% | ||
| Q3 24 | 1.9% | 0.8% | ||
| Q2 24 | 4.1% | 0.9% | ||
| Q1 24 | 2.6% | 0.8% |
现金转化率DANMCY
| Q4 25 | — | 1.42× | ||
| Q3 25 | 1.34× | 1.77× | ||
| Q2 25 | 1.19× | 2.23× | ||
| Q1 25 | -1.48× | — | ||
| Q4 24 | — | 2.46× | ||
| Q3 24 | 8.75× | 1.38× | ||
| Q2 24 | 13.44× | 4.44× | ||
| Q1 24 | -34.00× | 2.62× |
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
DAN
| Light Vehicle Segment | $912.0M | 70% |
| Commercial Vehicle Segment | $218.0M | 17% |
| Other | $166.0M | 13% |
MCY
暂无分部数据
