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First American Financial Corp（FAF）与哈贝尔（HUBB）财务数据对比。点击上方公司名可切换其他公司
First American Financial Corp的季度营收约是哈贝尔的1.4倍（$2.0B vs $1.5B），哈贝尔净利率更高（14.6% vs 10.3%，领先4.2%），First American Financial Corp同比增速更快（21.6% vs 11.9%），哈贝尔自由现金流更多（$388.8M vs $324.5M），过去两年First American Financial Corp的营收复合增速更高（19.9% vs 3.3%）
第一美国金融公司是美国知名金融服务企业，主要面向房地产及抵押贷款行业开展业务，核心服务涵盖产权保险、房产交易与抵押业务相关的交割结算服务，在全球地产金融服务领域具备成熟的服务能力与较高的行业认可度。
哈贝尔（Hubbell Incorporated）是总部位于美国康涅狄格州谢尔顿的企业，由哈维·哈贝尔于1888年创立，1905年在康涅狄格州正式注册。公司主营电气及电子产品的设计、生产与销售，产品广泛应用于住宅、非住宅建筑、工业及公用事业等多个领域。
FAF vs HUBB — 直观对比
营收规模更大
FAF
是对方的1.4倍
$1.5B
营收增速更快
FAF
高出9.8%
11.9%
净利率更高
HUBB
高出4.2%
10.3%
自由现金流更多
HUBB
多$64.3M
$324.5M
两年增速更快
FAF
近两年复合增速
3.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.5B |
| 净利润 | $211.9M | $217.7M |
| 毛利率 | — | 34.6% |
| 营业利润率 | 14.0% | 20.3% |
| 净利率 | 10.3% | 14.6% |
| 营收同比 | 21.6% | 11.9% |
| 净利润同比 | 192.7% | 10.5% |
| 每股收益（稀释后） | $2.04 | $4.06 |
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FAFHUBB
| Q4 25 | $2.0B | $1.5B | ||
| Q3 25 | $2.0B | $1.5B | ||
| Q2 25 | $1.8B | $1.5B | ||
| Q1 25 | $1.6B | $1.4B | ||
| Q4 24 | $1.7B | $1.3B | ||
| Q3 24 | $1.4B | $1.4B | ||
| Q2 24 | $1.6B | $1.5B | ||
| Q1 24 | $1.4B | $1.4B |
净利润FAFHUBB
| Q4 25 | $211.9M | $217.7M | ||
| Q3 25 | $189.6M | $255.5M | ||
| Q2 25 | $146.1M | $244.2M | ||
| Q1 25 | $74.2M | $169.7M | ||
| Q4 24 | $72.4M | $197.0M | ||
| Q3 24 | $-104.0M | $219.4M | ||
| Q2 24 | $116.0M | $213.6M | ||
| Q1 24 | $46.7M | $147.8M |
毛利率FAFHUBB
| Q4 25 | — | 34.6% | ||
| Q3 25 | — | 36.2% | ||
| Q2 25 | — | 37.2% | ||
| Q1 25 | — | 33.1% | ||
| Q4 24 | — | 33.8% | ||
| Q3 24 | — | 34.5% | ||
| Q2 24 | — | 35.0% | ||
| Q1 24 | — | 32.0% |
营业利润率FAFHUBB
| Q4 25 | 14.0% | 20.3% | ||
| Q3 25 | 12.5% | 22.0% | ||
| Q2 25 | 10.6% | 22.7% | ||
| Q1 25 | 6.1% | 17.5% | ||
| Q4 24 | 5.9% | 19.3% | ||
| Q3 24 | -10.3% | 21.1% | ||
| Q2 24 | 9.4% | 20.7% | ||
| Q1 24 | 4.1% | 16.3% |
净利率FAFHUBB
| Q4 25 | 10.3% | 14.6% | ||
| Q3 25 | 9.6% | 17.0% | ||
| Q2 25 | 7.9% | 16.5% | ||
| Q1 25 | 4.7% | 12.4% | ||
| Q4 24 | 4.3% | 14.8% | ||
| Q3 24 | -7.4% | 15.2% | ||
| Q2 24 | 7.2% | 14.7% | ||
| Q1 24 | 3.3% | 10.6% |
每股收益（稀释后）FAFHUBB
| Q4 25 | $2.04 | $4.06 | ||
| Q3 25 | $1.84 | $4.77 | ||
| Q2 25 | $1.41 | $4.56 | ||
| Q1 25 | $0.71 | $3.15 | ||
| Q4 24 | $0.70 | $3.65 | ||
| Q3 24 | $-1.00 | $4.05 | ||
| Q2 24 | $1.11 | $3.94 | ||
| Q1 24 | $0.45 | $2.73 |
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 | $1.4B | $497.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.5B | $3.8B |
| 总资产 | $16.2B | $8.2B |
| 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FAFHUBB
| Q4 25 | $1.4B | $497.9M | ||
| Q3 25 | $2.9B | $680.9M | ||
| Q2 25 | $2.0B | $399.6M | ||
| Q1 25 | $2.0B | $360.3M | ||
| Q4 24 | $1.7B | $345.0M | ||
| Q3 24 | $3.0B | $445.6M | ||
| Q2 24 | $2.0B | $406.5M | ||
| Q1 24 | $1.5B | $400.3M |
总债务FAFHUBB
| Q4 25 | — | — | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.9B | ||
| Q1 24 | — | $1.9B |
股东权益FAFHUBB
| Q4 25 | $5.5B | $3.8B | ||
| Q3 25 | $5.3B | $3.7B | ||
| Q2 25 | $5.1B | $3.5B | ||
| Q1 25 | $5.0B | $3.3B | ||
| Q4 24 | $4.9B | $3.3B | ||
| Q3 24 | $5.1B | $3.2B | ||
| Q2 24 | $4.8B | $3.1B | ||
| Q1 24 | $4.8B | $2.9B |
总资产FAFHUBB
| Q4 25 | $16.2B | $8.2B | ||
| Q3 25 | $17.6B | $7.5B | ||
| Q2 25 | $16.3B | $7.1B | ||
| Q1 25 | $15.5B | $6.9B | ||
| Q4 24 | $14.9B | $6.7B | ||
| Q3 24 | $16.6B | $6.9B | ||
| Q2 24 | $15.2B | $6.9B | ||
| Q1 24 | $14.7B | $6.9B |
负债/权益比FAFHUBB
| Q4 25 | — | — | ||
| Q3 25 | — | 0.39× | ||
| Q2 25 | — | 0.41× | ||
| Q1 25 | — | 0.44× | ||
| Q4 24 | — | 0.44× | ||
| Q3 24 | — | 0.51× | ||
| Q2 24 | — | 0.63× | ||
| Q1 24 | — | 0.65× |
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 | $369.3M | $447.5M |
| 自由现金流经营现金流 - 资本支出 | $324.5M | $388.8M |
| 自由现金流率自由现金流/营收 | 15.8% | 26.0% |
| 资本支出强度资本支出/营收 | 2.2% | 3.9% |
| 现金转化率经营现金流/净利润 | 1.74× | 2.06× |
| 过去12个月自由现金流最近4个季度 | $762.5M | $874.7M |
8季度趋势，按日历期对齐
经营现金流FAFHUBB
| Q4 25 | $369.3M | $447.5M | ||
| Q3 25 | $272.5M | $284.3M | ||
| Q2 25 | $361.8M | $260.6M | ||
| Q1 25 | $-52.8M | $37.4M | ||
| Q4 24 | $324.6M | $432.4M | ||
| Q3 24 | $236.9M | $227.0M | ||
| Q2 24 | $266.7M | $239.6M | ||
| Q1 24 | $69.3M | $92.2M |
自由现金流FAFHUBB
| Q4 25 | $324.5M | $388.8M | ||
| Q3 25 | $223.1M | $253.8M | ||
| Q2 25 | $309.4M | $220.7M | ||
| Q1 25 | $-94.5M | $11.4M | ||
| Q4 24 | $266.2M | $364.4M | ||
| Q3 24 | $185.4M | $188.8M | ||
| Q2 24 | $210.0M | $205.7M | ||
| Q1 24 | $17.6M | $51.9M |
自由现金流率FAFHUBB
| Q4 25 | 15.8% | 26.0% | ||
| Q3 25 | 11.3% | 16.9% | ||
| Q2 25 | 16.8% | 14.9% | ||
| Q1 25 | -6.0% | 0.8% | ||
| Q4 24 | 15.8% | 27.3% | ||
| Q3 24 | 13.2% | 13.1% | ||
| Q2 24 | 13.0% | 14.2% | ||
| Q1 24 | 1.2% | 3.7% |
资本支出强度FAFHUBB
| Q4 25 | 2.2% | 3.9% | ||
| Q3 25 | 2.5% | 2.0% | ||
| Q2 25 | 2.8% | 2.7% | ||
| Q1 25 | 2.6% | 1.9% | ||
| Q4 24 | 3.5% | 5.1% | ||
| Q3 24 | 3.7% | 2.6% | ||
| Q2 24 | 3.5% | 2.3% | ||
| Q1 24 | 3.6% | 2.9% |
现金转化率FAFHUBB
| Q4 25 | 1.74× | 2.06× | ||
| Q3 25 | 1.44× | 1.11× | ||
| Q2 25 | 2.48× | 1.07× | ||
| Q1 25 | -0.71× | 0.22× | ||
| Q4 24 | 4.48× | 2.19× | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | 2.30× | 1.12× | ||
| Q1 24 | 1.48× | 0.62× |
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
FAF
| Title Insurance And Services | $1.9B | 94% |
| Home Warranty | $110.3M | 5% |
HUBB
| Grid Infrastructure | $717.0M | 48% |
| Industrial | $393.7M | 26% |
| Grid Automation | $218.9M | 15% |
| Electrical Products | $163.1M | 11% |
