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eHealth, Inc.（EHTH）与Hagerty, Inc.（HGTY）财务数据对比。点击上方公司名可切换其他公司
eHealth, Inc.的季度营收约是Hagerty, Inc.的2.2倍（$326.2M vs $150.8M）。eHealth, Inc.净利率更高（26.7% vs 18.9%，领先7.8%）。Hagerty, Inc.同比增速更快（30.7% vs 3.5%）。Hagerty, Inc.自由现金流更多（$23.1M vs $-36.1M）。过去两年eHealth, Inc.的营收复合增速更高（87.3% vs 12.1%）
eHealth, Inc.以eHealthInsurance品牌开展业务，是一家公开上市的健康保险在线交易平台，公司注册于特拉华州，总部位于加利福尼亚州圣克拉拉。该平台主要提供医疗保险相关计划，涵盖联邦医疗保险处方药计划、联邦医疗保险补充计划、优势计划等产品，同时也售卖个人健康保险产品，业务覆盖美国全部50个州及华盛顿特区。
哈格蒂（Hagerty, Inc.）是美国知名汽车生活方式及会员服务企业，同时是全球规模最大的经典老爷车特种保险供应商，总部位于密歇根州特拉弗斯城，业务范围覆盖加拿大、德国及英国市场。
EHTH vs HGTY — 直观对比
营收规模更大
EHTH
是对方的2.2倍
$150.8M
营收增速更快
HGTY
高出27.2%
3.5%
净利率更高
EHTH
高出7.8%
18.9%
自由现金流更多
HGTY
多$59.2M
$-36.1M
两年增速更快
EHTH
近两年复合增速
12.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $326.2M | $150.8M |
| 净利润 | $87.2M | $28.6M |
| 毛利率 | 55.3% | — |
| 营业利润率 | 38.7% | 26.3% |
| 净利率 | 26.7% | 18.9% |
| 营收同比 | 3.5% | 30.7% |
| 净利润同比 | -10.6% | 238.4% |
| 每股收益（稀释后） | $2.43 | — |
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EHTHHGTY
| Q4 25 | $326.2M | $150.8M | ||
| Q3 25 | $53.9M | $190.0M | ||
| Q2 25 | $60.8M | $188.5M | ||
| Q1 25 | $113.1M | $148.4M | ||
| Q4 24 | $315.2M | $115.4M | ||
| Q3 24 | $58.4M | $157.7M | ||
| Q2 24 | $65.9M | $155.6M | ||
| Q1 24 | $93.0M | $120.1M |
净利润EHTHHGTY
| Q4 25 | $87.2M | $28.6M | ||
| Q3 25 | $-31.7M | $46.2M | ||
| Q2 25 | $-17.4M | $47.2M | ||
| Q1 25 | $1.9M | $27.3M | ||
| Q4 24 | $97.5M | $8.4M | ||
| Q3 24 | $-42.5M | $19.0M | ||
| Q2 24 | $-28.0M | $42.7M | ||
| Q1 24 | $-17.0M | $8.2M |
毛利率EHTHHGTY
| Q4 25 | 55.3% | — | ||
| Q3 25 | -0.3% | — | ||
| Q2 25 | 31.1% | — | ||
| Q1 25 | 36.9% | — | ||
| Q4 24 | 52.0% | — | ||
| Q3 24 | -6.5% | — | ||
| Q2 24 | 28.7% | — | ||
| Q1 24 | 31.7% | — |
营业利润率EHTHHGTY
| Q4 25 | 38.7% | 26.3% | ||
| Q3 25 | -77.1% | 18.1% | ||
| Q2 25 | -37.9% | 25.3% | ||
| Q1 25 | 4.2% | 17.3% | ||
| Q4 24 | 35.7% | 5.2% | ||
| Q3 24 | -74.0% | 6.4% | ||
| Q2 24 | -42.5% | 24.5% | ||
| Q1 24 | -19.3% | 10.2% |
净利率EHTHHGTY
| Q4 25 | 26.7% | 18.9% | ||
| Q3 25 | -58.8% | 24.3% | ||
| Q2 25 | -28.6% | 25.0% | ||
| Q1 25 | 1.7% | 18.4% | ||
| Q4 24 | 30.9% | 7.3% | ||
| Q3 24 | -72.7% | 12.1% | ||
| Q2 24 | -42.5% | 27.4% | ||
| Q1 24 | -18.3% | 6.8% |
每股收益（稀释后）EHTHHGTY
| Q4 25 | $2.43 | — | ||
| Q3 25 | $-1.46 | — | ||
| Q2 25 | $-0.98 | — | ||
| Q1 25 | $-0.33 | — | ||
| Q4 24 | $2.93 | — | ||
| Q3 24 | $-1.83 | — | ||
| Q2 24 | $-1.33 | — | ||
| Q1 24 | $-0.96 | — |
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 | $73.7M | $160.2M |
| 总债务越低越好 | — | $177.9M |
| 股东权益账面价值 | $591.6M | $221.3M |
| 总资产 | $1.3B | $2.1B |
| 负债/权益比越低杠杆越低 | — | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资EHTHHGTY
| Q4 25 | $73.7M | $160.2M | ||
| Q3 25 | $63.1M | $290.5M | ||
| Q2 25 | $65.9M | $259.6M | ||
| Q1 25 | $121.1M | $232.7M | ||
| Q4 24 | $39.2M | $178.7M | ||
| Q3 24 | $64.0M | $208.9M | ||
| Q2 24 | $126.3M | $186.4M | ||
| Q1 24 | $175.0M | $131.2M |
总债务EHTHHGTY
| Q4 25 | — | $177.9M | ||
| Q3 25 | — | $104.4M | ||
| Q2 25 | — | $153.4M | ||
| Q1 25 | — | $132.6M | ||
| Q4 24 | — | $105.0M | ||
| Q3 24 | — | $122.9M | ||
| Q2 24 | — | $98.0M | ||
| Q1 24 | — | $91.5M |
股东权益EHTHHGTY
| Q4 25 | $591.6M | $221.3M | ||
| Q3 25 | $514.2M | $211.7M | ||
| Q2 25 | $554.9M | $172.3M | ||
| Q1 25 | $581.6M | $162.9M | ||
| Q4 24 | $588.4M | $150.3M | ||
| Q3 24 | $499.3M | $148.3M | ||
| Q2 24 | $548.9M | $94.4M | ||
| Q1 24 | $582.8M | $93.5M |
总资产EHTHHGTY
| Q4 25 | $1.3B | $2.1B | ||
| Q3 25 | $1.0B | $2.2B | ||
| Q2 25 | $1.1B | $2.0B | ||
| Q1 25 | $1.1B | $1.8B | ||
| Q4 24 | $1.2B | $1.7B | ||
| Q3 24 | $1.0B | $1.8B | ||
| Q2 24 | $1.0B | $1.7B | ||
| Q1 24 | $1.1B | $1.6B |
负债/权益比EHTHHGTY
| Q4 25 | — | 0.80× | ||
| Q3 25 | — | 0.49× | ||
| Q2 25 | — | 0.89× | ||
| Q1 25 | — | 0.81× | ||
| Q4 24 | — | 0.70× | ||
| Q3 24 | — | 0.83× | ||
| Q2 24 | — | 1.04× | ||
| Q1 24 | — | 0.98× |
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 | $-35.9M | $29.1M |
| 自由现金流经营现金流 - 资本支出 | $-36.1M | $23.1M |
| 自由现金流率自由现金流/营收 | -11.1% | 15.3% |
| 资本支出强度资本支出/营收 | 0.0% | 4.0% |
| 现金转化率经营现金流/净利润 | -0.41× | 1.02× |
| 过去12个月自由现金流最近4个季度 | $-27.6M | $194.5M |
8季度趋势，按日历期对齐
经营现金流EHTHHGTY
| Q4 25 | $-35.9M | $29.1M | ||
| Q3 25 | $-25.3M | $92.2M | ||
| Q2 25 | $-41.2M | $53.9M | ||
| Q1 25 | $77.1M | $43.8M | ||
| Q4 24 | $-27.7M | $-12.6M | ||
| Q3 24 | $-29.3M | $67.4M | ||
| Q2 24 | $-32.2M | $64.0M | ||
| Q1 24 | $70.8M | $58.2M |
自由现金流EHTHHGTY
| Q4 25 | $-36.1M | $23.1M | ||
| Q3 25 | $-25.5M | $85.2M | ||
| Q2 25 | $-42.8M | $47.7M | ||
| Q1 25 | $76.8M | $38.4M | ||
| Q4 24 | $-28.3M | $-16.7M | ||
| Q3 24 | $-30.3M | $62.0M | ||
| Q2 24 | $-32.4M | $56.6M | ||
| Q1 24 | $70.6M | $53.7M |
自由现金流率EHTHHGTY
| Q4 25 | -11.1% | 15.3% | ||
| Q3 25 | -47.4% | 44.9% | ||
| Q2 25 | -70.4% | 25.3% | ||
| Q1 25 | 67.9% | 25.9% | ||
| Q4 24 | -9.0% | -14.5% | ||
| Q3 24 | -51.8% | 39.3% | ||
| Q2 24 | -49.3% | 36.4% | ||
| Q1 24 | 75.9% | 44.7% |
资本支出强度EHTHHGTY
| Q4 25 | 0.0% | 4.0% | ||
| Q3 25 | 0.4% | 3.7% | ||
| Q2 25 | 2.6% | 3.3% | ||
| Q1 25 | 0.3% | 3.6% | ||
| Q4 24 | 0.2% | 3.5% | ||
| Q3 24 | 1.7% | 3.4% | ||
| Q2 24 | 0.4% | 4.8% | ||
| Q1 24 | 0.2% | 3.8% |
现金转化率EHTHHGTY
| Q4 25 | -0.41× | 1.02× | ||
| Q3 25 | — | 2.00× | ||
| Q2 25 | — | 1.14× | ||
| Q1 25 | 39.55× | 1.61× | ||
| Q4 24 | -0.28× | -1.50× | ||
| Q3 24 | — | 3.55× | ||
| Q2 24 | — | 1.50× | ||
| Q1 24 | — | 7.10× |
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
EHTH
| Medicare | $282.7M | 87% |
| Other | $29.2M | 9% |
| Ancillaries | $7.9M | 2% |
| Commission Members Approved In Prior Periods | $3.8M | 1% |
| Small Business | $3.1M | 1% |
| Commission Revenue From Renewals | $2.4M | 1% |
HGTY
暂无分部数据
