vs
Dover Corporation（DOV）与WHITE MOUNTAINS INSURANCE GROUP LTD（WTM）财务数据对比。点击上方公司名可切换其他公司
Dover Corporation的季度营收约是WHITE MOUNTAINS INSURANCE GROUP LTD的1.3倍（$2.1B vs $1.6B），WHITE MOUNTAINS INSURANCE GROUP LTD净利率更高（52.1% vs 13.4%，领先38.7%），WHITE MOUNTAINS INSURANCE GROUP LTD同比增速更快（348.0% vs 12.5%），过去两年WHITE MOUNTAINS INSURANCE GROUP LTD的营收复合增速更高（57.4% vs -1.8%）
美国工业产品综合性制造集团，1955年成立，总部位于伊利诺伊州唐纳斯格罗夫。旗下业务分为工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术五大板块，为标普500指数成分股，纽交所交易代码DOV，2024年位列财富榜单第448位。
怀特山保险集团是一家多元化保险及相关金融服务控股企业，总部位于百慕大汉密尔顿，1999年10月25日从美国特拉华州迁册至当前注册地，大部分业务通过旗下保险子公司及其他关联机构开展，覆盖多个保险及金融服务细分赛道。
DOV vs WTM — 直观对比
营收规模更大
DOV
是对方的1.3倍
$1.6B
营收增速更快
WTM
高出335.5%
12.5%
净利率更高
WTM
高出38.7%
13.4%
两年增速更快
WTM
近两年复合增速
-1.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $1.6B |
| 净利润 | $282.1M | $835.8M |
| 毛利率 | 39.1% | 97.1% |
| 营业利润率 | 16.5% | 56.2% |
| 净利率 | 13.4% | 52.1% |
| 营收同比 | 12.5% | 348.0% |
| 净利润同比 | 22.2% | 741.0% |
| 每股收益（稀释后） | $2.06 | $325.02 |
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DOVWTM
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.1B | $1.6B | ||
| Q3 25 | $2.1B | $864.2M | ||
| Q2 25 | $2.0B | $689.2M | ||
| Q1 25 | $1.9B | $577.8M | ||
| Q4 24 | $1.5B | $358.0M | ||
| Q3 24 | $2.0B | $839.1M | ||
| Q2 24 | $2.2B | $395.4M |
净利润DOVWTM
| Q1 26 | $282.1M | — | ||
| Q4 25 | $282.1M | $835.8M | ||
| Q3 25 | $302.0M | $113.8M | ||
| Q2 25 | $279.1M | $122.9M | ||
| Q1 25 | $230.8M | $33.9M | ||
| Q4 24 | $1.4B | $-130.4M | ||
| Q3 24 | $347.1M | $179.0M | ||
| Q2 24 | $281.8M | $-54.6M |
毛利率DOVWTM
| Q1 26 | 39.1% | — | ||
| Q4 25 | 39.1% | 97.1% | ||
| Q3 25 | 40.1% | 93.6% | ||
| Q2 25 | 39.9% | 93.8% | ||
| Q1 25 | 40.0% | 98.7% | ||
| Q4 24 | 41.4% | 97.9% | ||
| Q3 24 | 38.5% | 99.1% | ||
| Q2 24 | 37.7% | 98.2% |
营业利润率DOVWTM
| Q1 26 | 16.5% | — | ||
| Q4 25 | 16.5% | 56.2% | ||
| Q3 25 | 18.2% | 20.7% | ||
| Q2 25 | 17.3% | 25.6% | ||
| Q1 25 | 15.9% | 12.5% | ||
| Q4 24 | 14.0% | -33.7% | ||
| Q3 24 | 16.8% | 28.5% | ||
| Q2 24 | 17.0% | -8.8% |
净利率DOVWTM
| Q1 26 | 13.4% | — | ||
| Q4 25 | 13.4% | 52.1% | ||
| Q3 25 | 14.5% | 13.2% | ||
| Q2 25 | 13.6% | 17.8% | ||
| Q1 25 | 12.4% | 5.9% | ||
| Q4 24 | 96.4% | -36.4% | ||
| Q3 24 | 17.5% | 21.3% | ||
| Q2 24 | 12.9% | -13.8% |
每股收益（稀释后）DOVWTM
| Q1 26 | $2.06 | — | ||
| Q4 25 | $2.06 | $325.02 | ||
| Q3 25 | $2.19 | $44.18 | ||
| Q2 25 | $2.02 | $47.75 | ||
| Q1 25 | $1.67 | $13.19 | ||
| Q4 24 | $10.38 | $-50.98 | ||
| Q3 24 | $2.51 | $69.68 | ||
| Q2 24 | $2.04 | $-21.24 |
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 | — | — |
| 总债务越低越好 | $3.3B | $837.0M |
| 股东权益账面价值 | $7.4B | $5.4B |
| 总资产 | $13.4B | $12.3B |
| 负债/权益比越低杠杆越低 | 0.45× | 0.15× |
8季度趋势，按日历期对齐
总债务DOVWTM
| Q1 26 | $3.3B | — | ||
| Q4 25 | $3.3B | $837.0M | ||
| Q3 25 | $3.1B | $870.4M | ||
| Q2 25 | $3.1B | $694.6M | ||
| Q1 25 | $3.0B | $676.1M | ||
| Q4 24 | $2.9B | $562.5M | ||
| Q3 24 | $3.0B | $544.9M | ||
| Q2 24 | $3.0B | $530.2M |
股东权益DOVWTM
| Q1 26 | $7.4B | — | ||
| Q4 25 | $7.4B | $5.4B | ||
| Q3 25 | $7.7B | $4.8B | ||
| Q2 25 | $7.4B | $4.6B | ||
| Q1 25 | $7.1B | $4.5B | ||
| Q4 24 | $7.0B | $4.5B | ||
| Q3 24 | $5.7B | $4.6B | ||
| Q2 24 | $5.4B | $4.4B |
总资产DOVWTM
| Q1 26 | $13.4B | — | ||
| Q4 25 | $13.4B | $12.3B | ||
| Q3 25 | $13.4B | $12.3B | ||
| Q2 25 | $13.2B | $11.8B | ||
| Q1 25 | $12.6B | $11.0B | ||
| Q4 24 | $12.5B | $9.9B | ||
| Q3 24 | $11.9B | $10.3B | ||
| Q2 24 | $11.3B | $10.2B |
负债/权益比DOVWTM
| Q1 26 | 0.45× | — | ||
| Q4 25 | 0.45× | 0.15× | ||
| Q3 25 | 0.40× | 0.18× | ||
| Q2 25 | 0.41× | 0.15× | ||
| Q1 25 | 0.42× | 0.15× | ||
| Q4 24 | 0.42× | 0.13× | ||
| Q3 24 | 0.53× | 0.12× | ||
| Q2 24 | 0.55× | 0.12× |
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 | — | $53.9M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 0.06× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流DOVWTM
| Q1 26 | — | — | ||
| Q4 25 | $543.9M | $53.9M | ||
| Q3 25 | $424.2M | $359.3M | ||
| Q2 25 | $212.3M | $177.5M | ||
| Q1 25 | $157.5M | $-40.2M | ||
| Q4 24 | $439.0M | $64.1M | ||
| Q3 24 | $353.2M | $269.4M | ||
| Q2 24 | $203.7M | $216.8M |
自由现金流DOVWTM
| Q1 26 | — | — | ||
| Q4 25 | $487.0M | — | ||
| Q3 25 | $370.1M | — | ||
| Q2 25 | $151.4M | — | ||
| Q1 25 | $109.3M | — | ||
| Q4 24 | $385.0M | — | ||
| Q3 24 | $325.0M | — | ||
| Q2 24 | $162.8M | — |
自由现金流率DOVWTM
| Q1 26 | — | — | ||
| Q4 25 | 23.2% | — | ||
| Q3 25 | 17.8% | — | ||
| Q2 25 | 7.4% | — | ||
| Q1 25 | 5.9% | — | ||
| Q4 24 | 25.8% | — | ||
| Q3 24 | 16.4% | — | ||
| Q2 24 | 7.5% | — |
资本支出强度DOVWTM
| Q1 26 | — | — | ||
| Q4 25 | 2.7% | — | ||
| Q3 25 | 2.6% | — | ||
| Q2 25 | 3.0% | — | ||
| Q1 25 | 2.6% | — | ||
| Q4 24 | 3.6% | — | ||
| Q3 24 | 1.4% | — | ||
| Q2 24 | 1.9% | — |
现金转化率DOVWTM
| Q1 26 | — | — | ||
| Q4 25 | 1.93× | 0.06× | ||
| Q3 25 | 1.40× | 3.16× | ||
| Q2 25 | 0.76× | 1.44× | ||
| Q1 25 | 0.68× | -1.19× | ||
| Q4 24 | 0.31× | — | ||
| Q3 24 | 1.02× | 1.51× | ||
| Q2 24 | 0.72× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
