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Equitable Holdings, Inc.（EQH）与凯旋（TFIN）财务数据对比。点击上方公司名可切换其他公司
Equitable Holdings, Inc.的季度营收约是凯旋的1.4倍（$3.3B vs $2.4B），Equitable Holdings, Inc.净利率更高（6.6% vs 0.3%，领先6.3%），凯旋同比增速更快（2.6% vs -9.5%），过去两年凯旋的营收复合增速更高（377.6% vs 21.2%）
Equitable Holdings, Inc.是美国领先的金融服务与保险企业，1859年由亨利·鲍德温·海德创立，业务覆盖保险、财富管理等多元金融领域，拥有逾百年发展历史，在全球金融服务市场具备深厚的行业积淀与广泛的客户基础。
凯旋汽车公司是19至20世纪活跃于英国的汽车与发动机制造企业，品牌起源可追溯到1885年。来自纽伦堡的齐格弗里德·贝特曼在伦敦成立公司，最初从欧洲进口自行车以自有商标销售，次年商标正式定为“凯旋”，1889年开始自主生产自行车。
EQH vs TFIN — 直观对比
营收规模更大
EQH
是对方的1.4倍
$2.4B
营收增速更快
TFIN
高出12.1%
-9.5%
净利率更高
EQH
高出6.3%
0.3%
两年增速更快
TFIN
近两年复合增速
21.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $2.4B |
| 净利润 | $215.0M | $6.4M |
| 毛利率 | — | 86.1% |
| 营业利润率 | 10.5% | — |
| 净利率 | 6.6% | 0.3% |
| 营收同比 | -9.5% | 2.6% |
| 净利润同比 | -76.1% | -66.9% |
| 每股收益（稀释后） | $0.69 | $0.23 |
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EQHTFIN
| Q1 26 | — | $2.4B | ||
| Q4 25 | $3.3B | $120.1M | ||
| Q3 25 | $1.4B | $109.3M | ||
| Q2 25 | $2.4B | $108.1M | ||
| Q1 25 | $4.6B | $101.6M | ||
| Q4 24 | $3.6B | $103.6M | ||
| Q3 24 | $3.1B | $106.2M | ||
| Q2 24 | $3.5B | $105.1M |
净利润EQHTFIN
| Q1 26 | — | $6.4M | ||
| Q4 25 | $215.0M | — | ||
| Q3 25 | $-1.3B | $1.7M | ||
| Q2 25 | $-349.0M | $4.4M | ||
| Q1 25 | $63.0M | $17.0K | ||
| Q4 24 | $899.0M | $3.8M | ||
| Q3 24 | $-134.0M | $5.3M | ||
| Q2 24 | $428.0M | $2.7M |
毛利率EQHTFIN
| Q1 26 | — | 86.1% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
营业利润率EQHTFIN
| Q1 26 | — | — | ||
| Q4 25 | 10.5% | — | ||
| Q3 25 | -93.0% | 1.2% | ||
| Q2 25 | -15.4% | 7.3% | ||
| Q1 25 | 3.8% | 0.1% | ||
| Q4 24 | 33.1% | 5.6% | ||
| Q3 24 | -0.5% | 5.9% | ||
| Q2 24 | 19.4% | 3.4% |
净利率EQHTFIN
| Q1 26 | — | 0.3% | ||
| Q4 25 | 6.6% | — | ||
| Q3 25 | -90.3% | 1.6% | ||
| Q2 25 | -14.8% | 4.1% | ||
| Q1 25 | 1.4% | 0.0% | ||
| Q4 24 | 24.8% | 3.7% | ||
| Q3 24 | -4.4% | 5.0% | ||
| Q2 24 | 12.2% | 2.6% |
每股收益（稀释后）EQHTFIN
| Q1 26 | — | $0.23 | ||
| Q4 25 | $0.69 | — | ||
| Q3 25 | $-4.47 | $0.04 | ||
| Q2 25 | $-1.21 | $0.15 | ||
| Q1 25 | $0.16 | $-0.03 | ||
| Q4 24 | $2.72 | $0.13 | ||
| Q3 24 | $-0.47 | $0.19 | ||
| Q2 24 | $1.23 | $0.08 |
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 | $12.5B | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-74.0M | $950.7M |
| 总资产 | $318.0B | $6.9B |
| 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EQHTFIN
| Q1 26 | — | — | ||
| Q4 25 | $12.5B | $248.5M | ||
| Q3 25 | $13.6B | $147.2M | ||
| Q2 25 | $15.0B | $282.3M | ||
| Q1 25 | $8.2B | $502.9M | ||
| Q4 24 | $7.0B | $330.1M | ||
| Q3 24 | $9.6B | $489.3M | ||
| Q2 24 | $9.7B | $500.7M |
股东权益EQHTFIN
| Q1 26 | — | $950.7M | ||
| Q4 25 | $-74.0M | $941.8M | ||
| Q3 25 | $148.0M | $919.3M | ||
| Q2 25 | $1.1B | $912.4M | ||
| Q1 25 | $2.4B | $893.9M | ||
| Q4 24 | $1.6B | $890.9M | ||
| Q3 24 | $3.2B | $885.8M | ||
| Q2 24 | $1.6B | $874.2M |
总资产EQHTFIN
| Q1 26 | — | $6.9B | ||
| Q4 25 | $318.0B | $6.4B | ||
| Q3 25 | $314.4B | $6.4B | ||
| Q2 25 | $303.1B | $6.5B | ||
| Q1 25 | $287.4B | $6.3B | ||
| Q4 24 | $295.9B | $5.9B | ||
| Q3 24 | $299.0B | $5.9B | ||
| Q2 24 | $287.8B | $5.8B |
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 | $-154.0M | — |
| 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 | -0.72× | — |
| 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EQHTFIN
| Q1 26 | — | — | ||
| Q4 25 | $-154.0M | $67.1M | ||
| Q3 25 | $369.0M | $24.4M | ||
| Q2 25 | $341.0M | $9.8M | ||
| Q1 25 | $158.0M | $-3.6M | ||
| Q4 24 | $400.0M | $58.5M | ||
| Q3 24 | $683.0M | $26.6M | ||
| Q2 24 | $892.0M | $21.9M |
自由现金流EQHTFIN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $22.4M | ||
| Q2 25 | — | $6.8M | ||
| Q1 25 | — | $-7.9M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $25.8M | ||
| Q2 24 | — | $-31.9M |
自由现金流率EQHTFIN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 20.5% | ||
| Q2 25 | — | 6.2% | ||
| Q1 25 | — | -7.7% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 24.3% | ||
| Q2 24 | — | -30.3% |
资本支出强度EQHTFIN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | 2.8% | ||
| Q1 25 | — | 4.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.8% | ||
| Q2 24 | — | 51.1% |
现金转化率EQHTFIN
| Q1 26 | — | — | ||
| Q4 25 | -0.72× | — | ||
| Q3 25 | — | 14.29× | ||
| Q2 25 | — | 2.22× | ||
| Q1 25 | 2.51× | -212.82× | ||
| Q4 24 | 0.44× | 15.25× | ||
| Q3 24 | — | 4.97× | ||
| Q2 24 | 2.08× | 7.95× |
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
EQH
| Other | $1.5B | 46% |
| Asset Management | $1.2B | 37% |
| Wealth Management | $545.0M | 17% |
TFIN
暂无分部数据
