vs
Essent Group Ltd.（ESNT）与Cloudflare, Inc.（NET）财务数据对比。点击上方公司名可切换其他公司
Cloudflare, Inc.的季度营收约是Essent Group Ltd.的2.0倍（$614.5M vs $312.4M），Essent Group Ltd.净利率更高（49.6% vs -2.0%，领先51.6%），Cloudflare, Inc.同比增速更快（33.6% vs -0.8%），Essent Group Ltd.自由现金流更多（$848.7M vs $105.2M），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 2.3%）
Essentra PLC是一家面向全球市场的塑料及纤维产品供应商，总部位于英国牛津郡基德灵顿，业务网络覆盖全球多个区域，目前在伦敦证券交易所上市，可面向各行业客户提供多元化的相关产品及配套服务，在所属细分领域拥有较高的市场认可度。
Cloudflare是总部位于美国加利福尼亚州旧金山的科技企业，提供内容分发网络（CDN）、云网络安全、DDoS防护等多元互联网服务，同时是ICANN认证的域名注册商。其服务作为网站访客与客户托管服务商之间的反向代理，可有效提升访问性能，抵御恶意流量。
ESNT vs NET — 直观对比
营收规模更大
NET
是对方的2.0倍
$312.4M
营收增速更快
NET
高出34.4%
-0.8%
净利率更高
ESNT
高出51.6%
-2.0%
自由现金流更多
ESNT
多$743.5M
$105.2M
两年增速更快
NET
近两年复合增速
2.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $312.4M | $614.5M |
| 净利润 | $155.0M | $-12.1M |
| 毛利率 | — | 73.6% |
| 营业利润率 | 59.1% | -8.0% |
| 净利率 | 49.6% | -2.0% |
| 营收同比 | -0.8% | 33.6% |
| 净利润同比 | -7.7% | 6.0% |
| 每股收益（稀释后） | $1.61 | $-0.03 |
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ESNTNET
| Q4 25 | $312.4M | $614.5M | ||
| Q3 25 | $311.8M | $562.0M | ||
| Q2 25 | $319.1M | $512.3M | ||
| Q1 25 | $317.6M | $479.1M | ||
| Q4 24 | $315.0M | $459.9M | ||
| Q3 24 | $316.6M | $430.1M | ||
| Q2 24 | $312.9M | $401.0M | ||
| Q1 24 | $298.4M | $378.6M |
净利润ESNTNET
| Q4 25 | $155.0M | $-12.1M | ||
| Q3 25 | $164.2M | $-1.3M | ||
| Q2 25 | $195.3M | $-50.4M | ||
| Q1 25 | $175.4M | $-38.5M | ||
| Q4 24 | $167.9M | $-12.8M | ||
| Q3 24 | $176.2M | $-15.3M | ||
| Q2 24 | $203.6M | $-15.1M | ||
| Q1 24 | $181.7M | $-35.5M |
毛利率ESNTNET
| Q4 25 | — | 73.6% | ||
| Q3 25 | — | 74.0% | ||
| Q2 25 | — | 74.9% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.4% | ||
| Q3 24 | — | 77.7% | ||
| Q2 24 | — | 77.8% | ||
| Q1 24 | — | 77.5% |
营业利润率ESNTNET
| Q4 25 | 59.1% | -8.0% | ||
| Q3 25 | 63.9% | -6.7% | ||
| Q2 25 | 72.4% | -13.1% | ||
| Q1 25 | 65.2% | -11.1% | ||
| Q4 24 | 61.9% | -7.5% | ||
| Q3 24 | 65.6% | -7.2% | ||
| Q2 24 | 76.4% | -8.7% | ||
| Q1 24 | 71.6% | -14.4% |
净利率ESNTNET
| Q4 25 | 49.6% | -2.0% | ||
| Q3 25 | 52.7% | -0.2% | ||
| Q2 25 | 61.2% | -9.8% | ||
| Q1 25 | 55.2% | -8.0% | ||
| Q4 24 | 53.3% | -2.8% | ||
| Q3 24 | 55.6% | -3.6% | ||
| Q2 24 | 65.1% | -3.8% | ||
| Q1 24 | 60.9% | -9.4% |
每股收益（稀释后）ESNTNET
| Q4 25 | $1.61 | $-0.03 | ||
| Q3 25 | $1.67 | $0.00 | ||
| Q2 25 | $1.93 | $-0.15 | ||
| Q1 25 | $1.69 | $-0.11 | ||
| Q4 24 | $1.59 | $-0.05 | ||
| Q3 24 | $1.65 | $-0.04 | ||
| Q2 24 | $1.91 | $-0.04 | ||
| Q1 24 | $1.70 | $-0.10 |
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 | — | $943.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.8B | $1.5B |
| 总资产 | $7.4B | $6.0B |
| 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ESNTNET
| Q4 25 | — | $943.5M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $204.5M | ||
| Q4 24 | — | $147.7M | ||
| Q3 24 | — | $182.9M | ||
| Q2 24 | — | $157.0M | ||
| Q1 24 | — | $254.4M |
股东权益ESNTNET
| Q4 25 | $5.8B | $1.5B | ||
| Q3 25 | $5.7B | $1.3B | ||
| Q2 25 | $5.7B | $1.2B | ||
| Q1 25 | $5.7B | $1.4B | ||
| Q4 24 | $5.6B | $1.0B | ||
| Q3 24 | $5.6B | $973.1M | ||
| Q2 24 | $5.4B | $881.5M | ||
| Q1 24 | $5.2B | $797.2M |
总资产ESNTNET
| Q4 25 | $7.4B | $6.0B | ||
| Q3 25 | $7.4B | $5.8B | ||
| Q2 25 | $7.2B | $5.6B | ||
| Q1 25 | $7.2B | $3.7B | ||
| Q4 24 | $7.1B | $3.3B | ||
| Q3 24 | $7.1B | $3.1B | ||
| Q2 24 | $6.7B | $2.9B | ||
| Q1 24 | $6.6B | $2.8B |
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 | $856.1M | $190.4M |
| 自由现金流经营现金流 - 资本支出 | $848.7M | $105.2M |
| 自由现金流率自由现金流/营收 | 271.7% | 17.1% |
| 资本支出强度资本支出/营收 | 2.4% | 13.9% |
| 现金转化率经营现金流/净利润 | 5.52× | — |
| 过去12个月自由现金流最近4个季度 | $1.5B | $287.5M |
8季度趋势，按日历期对齐
经营现金流ESNTNET
| Q4 25 | $856.1M | $190.4M | ||
| Q3 25 | $215.9M | $167.1M | ||
| Q2 25 | $189.5M | $99.8M | ||
| Q1 25 | $221.6M | $145.8M | ||
| Q4 24 | $861.5M | $127.3M | ||
| Q3 24 | $229.2M | $104.7M | ||
| Q2 24 | $188.7M | $74.8M | ||
| Q1 24 | $216.9M | $73.6M |
自由现金流ESNTNET
| Q4 25 | $848.7M | $105.2M | ||
| Q3 25 | $210.6M | $82.5M | ||
| Q2 25 | $188.8M | $39.9M | ||
| Q1 25 | $221.3M | $59.9M | ||
| Q4 24 | $854.8M | $54.2M | ||
| Q3 24 | $228.7M | $54.5M | ||
| Q2 24 | $187.6M | $45.2M | ||
| Q1 24 | $212.5M | $41.5M |
自由现金流率ESNTNET
| Q4 25 | 271.7% | 17.1% | ||
| Q3 25 | 67.5% | 14.7% | ||
| Q2 25 | 59.2% | 7.8% | ||
| Q1 25 | 69.7% | 12.5% | ||
| Q4 24 | 271.3% | 11.8% | ||
| Q3 24 | 72.2% | 12.7% | ||
| Q2 24 | 60.0% | 11.3% | ||
| Q1 24 | 71.2% | 11.0% |
资本支出强度ESNTNET
| Q4 25 | 2.4% | 13.9% | ||
| Q3 25 | 1.7% | 15.1% | ||
| Q2 25 | 0.2% | 11.7% | ||
| Q1 25 | 0.1% | 17.9% | ||
| Q4 24 | 2.1% | 15.9% | ||
| Q3 24 | 0.2% | 11.7% | ||
| Q2 24 | 0.3% | 7.4% | ||
| Q1 24 | 1.5% | 8.5% |
现金转化率ESNTNET
| Q4 25 | 5.52× | — | ||
| Q3 25 | 1.31× | — | ||
| Q2 25 | 0.97× | — | ||
| Q1 25 | 1.26× | — | ||
| Q4 24 | 5.13× | — | ||
| Q3 24 | 1.30× | — | ||
| Q2 24 | 0.93× | — | ||
| Q1 24 | 1.19× | — |
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
ESNT
| Mortgage Insurance Segment | $192.4M | 62% |
| Other | $120.0M | 38% |
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
