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Fidelis Insurance Holdings Ltd（FIHL）与Cloudflare, Inc.（NET）财务数据对比。点击上方公司名可切换其他公司
Fidelis Insurance Holdings Ltd的季度营收约是Cloudflare, Inc.的1.1倍（$651.9M vs $614.5M），Fidelis Insurance Holdings Ltd净利率更高（20.0% vs -2.0%，领先22.0%），Cloudflare, Inc.同比增速更快（33.6% vs -5.0%），Fidelis Insurance Holdings Ltd自由现金流更多（$154.6M vs $105.2M）
Fidelis Insurance Holdings Ltd是总部位于百慕大的全球特种保险与再保险服务商，提供财产、意外伤害、海事、航空等领域的定制化风险保障方案，服务范围覆盖北美、欧洲等地区的企业及机构客户。
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。
FIHL vs NET — 直观对比
营收规模更大
FIHL
是对方的1.1倍
$614.5M
营收增速更快
NET
高出38.6%
-5.0%
净利率更高
FIHL
高出22.0%
-2.0%
自由现金流更多
FIHL
多$49.4M
$105.2M
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $651.9M | $614.5M |
| 净利润 | $130.5M | $-12.1M |
| 毛利率 | — | 73.6% |
| 营业利润率 | 24.7% | -8.0% |
| 净利率 | 20.0% | -2.0% |
| 营收同比 | -5.0% | 33.6% |
| 净利润同比 | 29.7% | 6.0% |
| 每股收益（稀释后） | $1.24 | $-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FIHLNET
| Q4 25 | — | $614.5M | ||
| Q3 25 | $651.9M | $562.0M | ||
| Q2 25 | $589.3M | $512.3M | ||
| Q1 25 | $658.4M | $479.1M | ||
| Q4 24 | — | $459.9M | ||
| Q3 24 | $686.1M | $430.1M | ||
| Q2 24 | $540.1M | $401.0M | ||
| Q1 24 | $520.0M | $378.6M |
净利润FIHLNET
| Q4 25 | — | $-12.1M | ||
| Q3 25 | $130.5M | $-1.3M | ||
| Q2 25 | $19.7M | $-50.4M | ||
| Q1 25 | $-42.5M | $-38.5M | ||
| Q4 24 | — | $-12.8M | ||
| Q3 24 | $100.6M | $-15.3M | ||
| Q2 24 | $53.7M | $-15.1M | ||
| Q1 24 | $81.2M | $-35.5M |
毛利率FIHLNET
| 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FIHLNET
| Q4 25 | — | -8.0% | ||
| Q3 25 | 24.7% | -6.7% | ||
| Q2 25 | 3.8% | -13.1% | ||
| Q1 25 | -7.6% | -11.1% | ||
| Q4 24 | — | -7.5% | ||
| Q3 24 | 17.2% | -7.2% | ||
| Q2 24 | 11.6% | -8.7% | ||
| Q1 24 | 18.3% | -14.4% |
净利率FIHLNET
| Q4 25 | — | -2.0% | ||
| Q3 25 | 20.0% | -0.2% | ||
| Q2 25 | 3.3% | -9.8% | ||
| Q1 25 | -6.5% | -8.0% | ||
| Q4 24 | — | -2.8% | ||
| Q3 24 | 14.7% | -3.6% | ||
| Q2 24 | 9.9% | -3.8% | ||
| Q1 24 | 15.6% | -9.4% |
每股收益（稀释后）FIHLNET
| Q4 25 | — | $-0.03 | ||
| Q3 25 | $1.24 | $0.00 | ||
| Q2 25 | $0.18 | $-0.15 | ||
| Q1 25 | $-0.38 | $-0.11 | ||
| Q4 24 | — | $-0.05 | ||
| Q3 24 | $0.88 | $-0.04 | ||
| Q2 24 | $0.46 | $-0.04 | ||
| Q1 24 | $0.69 | $-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 | $892.5M | $943.5M |
| 总债务越低越好 | $842.9M | — |
| 股东权益账面价值 | $2.4B | $1.5B |
| 总资产 | $12.5B | $6.0B |
| 负债/权益比越低杠杆越低 | 0.35× | — |
8季度趋势，按日历期对齐
现金及短期投资FIHLNET
| Q4 25 | — | $943.5M | ||
| Q3 25 | $892.5M | $1.1B | ||
| Q2 25 | $919.4M | $1.5B | ||
| Q1 25 | $733.4M | $204.5M | ||
| Q4 24 | — | $147.7M | ||
| Q3 24 | $806.8M | $182.9M | ||
| Q2 24 | $628.6M | $157.0M | ||
| Q1 24 | $671.7M | $254.4M |
总债务FIHLNET
| Q4 25 | — | — | ||
| Q3 25 | $842.9M | — | ||
| Q2 25 | $842.6M | — | ||
| Q1 25 | $449.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $448.8M | — | ||
| Q2 24 | $448.6M | — | ||
| Q1 24 | $448.4M | — |
股东权益FIHLNET
| Q4 25 | — | $1.5B | ||
| Q3 25 | $2.4B | $1.3B | ||
| Q2 25 | $2.3B | $1.2B | ||
| Q1 25 | $2.4B | $1.4B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | $2.6B | $973.1M | ||
| Q2 24 | $2.5B | $881.5M | ||
| Q1 24 | $2.5B | $797.2M |
总资产FIHLNET
| Q4 25 | — | $6.0B | ||
| Q3 25 | $12.5B | $5.8B | ||
| Q2 25 | $13.0B | $5.6B | ||
| Q1 25 | $12.8B | $3.7B | ||
| Q4 24 | — | $3.3B | ||
| Q3 24 | $11.7B | $3.1B | ||
| Q2 24 | $11.9B | $2.9B | ||
| Q1 24 | $11.3B | $2.8B |
负债/权益比FIHLNET
| Q4 25 | — | — | ||
| Q3 25 | 0.35× | — | ||
| Q2 25 | 0.36× | — | ||
| Q1 25 | 0.19× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.17× | — | ||
| Q2 24 | 0.18× | — | ||
| Q1 24 | 0.18× | — |
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 | $155.2M | $190.4M |
| 自由现金流经营现金流 - 资本支出 | $154.6M | $105.2M |
| 自由现金流率自由现金流/营收 | 23.7% | 17.1% |
| 资本支出强度资本支出/营收 | 0.1% | 13.9% |
| 现金转化率经营现金流/净利润 | 1.19× | — |
| 过去12个月自由现金流最近4个季度 | $-320.9M | $287.5M |
8季度趋势，按日历期对齐
经营现金流FIHLNET
| Q4 25 | — | $190.4M | ||
| Q3 25 | $155.2M | $167.1M | ||
| Q2 25 | $-359.2M | $99.8M | ||
| Q1 25 | $-433.1M | $145.8M | ||
| Q4 24 | — | $127.3M | ||
| Q3 24 | $318.9M | $104.7M | ||
| Q2 24 | $208.5M | $74.8M | ||
| Q1 24 | $-35.3M | $73.6M |
自由现金流FIHLNET
| Q4 25 | — | $105.2M | ||
| Q3 25 | $154.6M | $82.5M | ||
| Q2 25 | $-359.3M | $39.9M | ||
| Q1 25 | $-433.4M | $59.9M | ||
| Q4 24 | — | $54.2M | ||
| Q3 24 | $317.2M | $54.5M | ||
| Q2 24 | $206.6M | $45.2M | ||
| Q1 24 | $-35.6M | $41.5M |
自由现金流率FIHLNET
| Q4 25 | — | 17.1% | ||
| Q3 25 | 23.7% | 14.7% | ||
| Q2 25 | -61.0% | 7.8% | ||
| Q1 25 | -65.8% | 12.5% | ||
| Q4 24 | — | 11.8% | ||
| Q3 24 | 46.2% | 12.7% | ||
| Q2 24 | 38.3% | 11.3% | ||
| Q1 24 | -6.8% | 11.0% |
资本支出强度FIHLNET
| Q4 25 | — | 13.9% | ||
| Q3 25 | 0.1% | 15.1% | ||
| Q2 25 | 0.0% | 11.7% | ||
| Q1 25 | 0.0% | 17.9% | ||
| Q4 24 | — | 15.9% | ||
| Q3 24 | 0.2% | 11.7% | ||
| Q2 24 | 0.4% | 7.4% | ||
| Q1 24 | 0.1% | 8.5% |
现金转化率FIHLNET
| Q4 25 | — | — | ||
| Q3 25 | 1.19× | — | ||
| Q2 25 | -18.23× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.17× | — | ||
| Q2 24 | 3.88× | — | ||
| Q1 24 | -0.43× | — |
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
FIHL
暂无分部数据
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
