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美国艺电（EA）与OLD REPUBLIC INTERNATIONAL CORP（ORI）财务数据对比。点击上方公司名可切换其他公司
OLD REPUBLIC INTERNATIONAL CORP的季度营收约是美国艺电的1.3倍（$2.4B vs $1.9B），OLD REPUBLIC INTERNATIONAL CORP净利率更高（13.8% vs 4.6%，领先9.1%），OLD REPUBLIC INTERNATIONAL CORP同比增速更快（6.7% vs 1.0%），过去两年OLD REPUBLIC INTERNATIONAL CORP的营收复合增速更高（13.2% vs 3.4%）
美国艺电（EA）是总部位于美国加利福尼亚州雷德伍德城的电子游戏企业，1982年5月由前苹果员工特里普·霍金斯创立。作为早期家用电脑游戏行业的先驱，公司将旗下游戏设计师与程序员称作“软件艺术家”，是全球知名的游戏厂商。
Old Republic International Corp是一家总部位于美国伊利诺伊州芝加哥的保险企业，核心业务覆盖财产保险、产权保险两大领域，深耕行业多年，具备成熟的风险防控能力与完善的服务体系，可为各类客户提供专业可靠的保险产品及相关解决方案。
EA vs ORI — 直观对比
营收规模更大
ORI
是对方的1.3倍
$1.9B
营收增速更快
ORI
高出5.8%
1.0%
净利率更高
ORI
高出9.1%
4.6%
两年增速更快
ORI
近两年复合增速
3.4%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $2.4B |
| 净利润 | $88.0M | $330.0M |
| 毛利率 | 73.8% | — |
| 营业利润率 | 6.7% | — |
| 净利率 | 4.6% | 13.8% |
| 营收同比 | 1.0% | 6.7% |
| 净利润同比 | -70.0% | 34.7% |
| 每股收益（稀释后） | $0.35 | — |
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EAORI
| Q1 26 | — | $2.4B | ||
| Q4 25 | $1.9B | $2.4B | ||
| Q3 25 | $1.8B | $2.4B | ||
| Q2 25 | $1.7B | $2.2B | ||
| Q1 25 | $1.9B | $2.1B | ||
| Q4 24 | $1.9B | $2.0B | ||
| Q3 24 | $2.0B | $2.3B | ||
| Q2 24 | $1.7B | $1.9B |
净利润EAORI
| Q1 26 | — | $330.0M | ||
| Q4 25 | $88.0M | $206.5M | ||
| Q3 25 | $137.0M | $279.5M | ||
| Q2 25 | $201.0M | $204.4M | ||
| Q1 25 | $254.0M | $245.0M | ||
| Q4 24 | $293.0M | $105.3M | ||
| Q3 24 | $294.0M | $338.9M | ||
| Q2 24 | $280.0M | $91.8M |
毛利率EAORI
| Q1 26 | — | — | ||
| Q4 25 | 73.8% | — | ||
| Q3 25 | 75.9% | — | ||
| Q2 25 | 83.3% | — | ||
| Q1 25 | 80.6% | — | ||
| Q4 24 | 75.8% | — | ||
| Q3 24 | 77.5% | — | ||
| Q2 24 | 84.2% | — |
营业利润率EAORI
| Q1 26 | — | — | ||
| Q4 25 | 6.7% | — | ||
| Q3 25 | 10.9% | 14.6% | ||
| Q2 25 | 16.2% | 11.8% | ||
| Q1 25 | 20.8% | 14.6% | ||
| Q4 24 | 20.0% | — | ||
| Q3 24 | 19.0% | 18.2% | ||
| Q2 24 | 21.9% | 6.1% |
净利率EAORI
| Q1 26 | — | 13.8% | ||
| Q4 25 | 4.6% | 8.6% | ||
| Q3 25 | 7.4% | 11.5% | ||
| Q2 25 | 12.0% | 9.3% | ||
| Q1 25 | 13.4% | 11.6% | ||
| Q4 24 | 15.6% | 5.3% | ||
| Q3 24 | 14.5% | 14.5% | ||
| Q2 24 | 16.9% | 4.9% |
每股收益（稀释后）EAORI
| Q1 26 | — | — | ||
| Q4 25 | $0.35 | $0.82 | ||
| Q3 25 | $0.54 | $1.11 | ||
| Q2 25 | $0.79 | $0.81 | ||
| Q1 25 | $0.99 | $0.98 | ||
| Q4 24 | $1.11 | $0.42 | ||
| Q3 24 | $1.11 | $1.32 | ||
| Q2 24 | $1.04 | $0.35 |
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 | $2.8B | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $6.2B | $5.9M |
| 总资产 | $13.3B | $29.6M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资EAORI
| Q1 26 | — | — | ||
| Q4 25 | $2.8B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $2.1B | — | ||
| Q4 24 | $2.8B | — | ||
| Q3 24 | $2.2B | — | ||
| Q2 24 | $2.4B | — |
股东权益EAORI
| Q1 26 | — | $5.9M | ||
| Q4 25 | $6.2B | $5.9B | ||
| Q3 25 | $6.0B | $6.4B | ||
| Q2 25 | $6.1B | $6.2B | ||
| Q1 25 | $6.4B | $5.9B | ||
| Q4 24 | $7.4B | $5.6B | ||
| Q3 24 | $7.4B | $6.4B | ||
| Q2 24 | $7.4B | $6.0B |
总资产EAORI
| Q1 26 | — | $29.6M | ||
| Q4 25 | $13.3B | $29.9B | ||
| Q3 25 | $11.9B | $30.3B | ||
| Q2 25 | $11.7B | $29.3B | ||
| Q1 25 | $12.4B | $28.0B | ||
| Q4 24 | $13.5B | $27.8B | ||
| Q3 24 | $13.1B | $28.8B | ||
| Q2 24 | $12.7B | $27.5B |
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 | $1.8B | — |
| 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 | 20.75× | — |
| 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EAORI
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $234.9M | ||
| Q3 25 | $130.0M | $563.9M | ||
| Q2 25 | $17.0M | $133.8M | ||
| Q1 25 | $549.0M | $231.7M | ||
| Q4 24 | $1.2B | $361.7M | ||
| Q3 24 | $234.0M | $474.8M | ||
| Q2 24 | $120.0M | $236.5M |
现金转化率EAORI
| Q1 26 | — | — | ||
| Q4 25 | 20.75× | 1.14× | ||
| Q3 25 | 0.95× | 2.02× | ||
| Q2 25 | 0.08× | 0.65× | ||
| Q1 25 | 2.16× | 0.95× | ||
| Q4 24 | 4.01× | 3.43× | ||
| Q3 24 | 0.80× | 1.40× | ||
| Q2 24 | 0.43× | 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
EA
| Live Services And Other Net Revenue | $1.3B | 67% |
| PC And Other Net Revenue | $465.0M | 24% |
| Packaged Goods Net Revenue | $86.0M | 5% |
| Other | $56.0M | 3% |
| Estimated Service Offering Period | $25.0M | 1% |
ORI
| operating | $2.2B | 92% |
| Other | $201.8M | 8% |
