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Fabrinet（FN）与HANOVER INSURANCE GROUP, INC.（THG）财务数据对比。点击上方公司名可切换其他公司
HANOVER INSURANCE GROUP, INC.的季度营收约是Fabrinet的1.5倍（$1.7B vs $1.1B），HANOVER INSURANCE GROUP, INC.净利率更高（11.0% vs 9.9%，领先1.0%），Fabrinet同比增速更快（35.9% vs 6.1%），过去两年Fabrinet的营收复合增速更高（24.4% vs 5.2%）
Fabrinet（股票代码FN）为标普中型股400指数成分股。该指数由标普道琼斯指数公司维护，覆盖400家以美企为主的中等市值企业，若成分企业存在多类流通股，指数的成分股总量有时会超过400只。
汉诺威保险集团是总部位于美国马萨诸塞州伍斯特市的保险企业，1852年成立时主营财产责任保险，以原名公开上市交易，直至上世纪90年代初更名为Allmerica财产意外伤害保险公司。
FN vs THG — 直观对比
营收规模更大
THG
是对方的1.5倍
$1.1B
营收增速更快
FN
高出29.8%
6.1%
净利率更高
THG
高出1.0%
9.9%
两年增速更快
FN
近两年复合增速
5.2%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.7B |
| 净利润 | $112.6M | $186.8M |
| 毛利率 | 12.2% | — |
| 营业利润率 | 10.1% | 11.1% |
| 净利率 | 9.9% | 11.0% |
| 营收同比 | 35.9% | 6.1% |
| 净利润同比 | 30.0% | 45.7% |
| 每股收益（稀释后） | $3.11 | — |
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FNTHG
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.1B | $1.7B | ||
| Q3 25 | $978.1M | $1.7B | ||
| Q2 25 | $909.7M | $1.7B | ||
| Q1 25 | $871.8M | $1.6B | ||
| Q4 24 | $833.6M | $1.6B | ||
| Q3 24 | $804.2M | $1.6B | ||
| Q2 24 | $753.3M | $1.5B |
净利润FNTHG
| Q1 26 | — | $186.8M | ||
| Q4 25 | $112.6M | $198.5M | ||
| Q3 25 | $95.9M | $178.7M | ||
| Q2 25 | $87.2M | $157.1M | ||
| Q1 25 | $81.3M | $128.2M | ||
| Q4 24 | $86.6M | $167.9M | ||
| Q3 24 | $77.4M | $102.1M | ||
| Q2 24 | $81.1M | $40.5M |
毛利率FNTHG
| Q1 26 | — | — | ||
| Q4 25 | 12.2% | — | ||
| Q3 25 | 11.9% | — | ||
| Q2 25 | 12.2% | — | ||
| Q1 25 | 11.7% | — | ||
| Q4 24 | 12.1% | — | ||
| Q3 24 | 12.3% | — | ||
| Q2 24 | 12.3% | — |
营业利润率FNTHG
| Q1 26 | — | 11.1% | ||
| Q4 25 | 10.1% | 17.3% | ||
| Q3 25 | 9.6% | 14.9% | ||
| Q2 25 | 9.8% | 12.7% | ||
| Q1 25 | 9.0% | 11.6% | ||
| Q4 24 | 9.5% | 16.1% | ||
| Q3 24 | 9.6% | 9.6% | ||
| Q2 24 | 9.7% | 6.2% |
净利率FNTHG
| Q1 26 | — | 11.0% | ||
| Q4 25 | 9.9% | 11.9% | ||
| Q3 25 | 9.8% | 10.7% | ||
| Q2 25 | 9.6% | 9.5% | ||
| Q1 25 | 9.3% | 8.0% | ||
| Q4 24 | 10.4% | 10.6% | ||
| Q3 24 | 9.6% | 6.5% | ||
| Q2 24 | 10.8% | 2.6% |
每股收益（稀释后）FNTHG
| Q1 26 | — | — | ||
| Q4 25 | $3.11 | $5.46 | ||
| Q3 25 | $2.66 | $4.90 | ||
| Q2 25 | $2.41 | $4.30 | ||
| Q1 25 | $2.25 | $3.50 | ||
| Q4 24 | $2.38 | $4.60 | ||
| Q3 24 | $2.13 | $2.80 | ||
| Q2 24 | $2.22 | $1.12 |
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 | $960.8M | $243.5M |
| 总债务越低越好 | — | $843.8M |
| 股东权益账面价值 | $2.2B | $3.0B |
| 总资产 | $3.3B | $16.5B |
| 负债/权益比越低杠杆越低 | — | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资FNTHG
| Q1 26 | — | $243.5M | ||
| Q4 25 | $960.8M | $1.1B | ||
| Q3 25 | $968.8M | $915.7M | ||
| Q2 25 | $934.2M | $244.1M | ||
| Q1 25 | $950.7M | $315.1M | ||
| Q4 24 | $934.6M | $435.5M | ||
| Q3 24 | $908.9M | $427.1M | ||
| Q2 24 | $858.6M | $337.6M |
总债务FNTHG
| Q1 26 | — | $843.8M | ||
| Q4 25 | — | $843.3M | ||
| Q3 25 | — | $843.0M | ||
| Q2 25 | — | $347.8M | ||
| Q1 25 | — | $722.5M | ||
| Q4 24 | — | $722.3M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益FNTHG
| Q1 26 | — | $3.0B | ||
| Q4 25 | $2.2B | $3.6B | ||
| Q3 25 | $2.1B | $3.4B | ||
| Q2 25 | $2.0B | $3.2B | ||
| Q1 25 | $1.9B | $3.0B | ||
| Q4 24 | $1.8B | $2.8B | ||
| Q3 24 | $1.8B | $2.9B | ||
| Q2 24 | $1.7B | $2.6B |
总资产FNTHG
| Q1 26 | — | $16.5B | ||
| Q4 25 | $3.3B | $16.9B | ||
| Q3 25 | $3.0B | $16.8B | ||
| Q2 25 | $2.8B | $15.7B | ||
| Q1 25 | $2.6B | $15.5B | ||
| Q4 24 | $2.5B | $15.3B | ||
| Q3 24 | $2.4B | $15.4B | ||
| Q2 24 | $2.3B | $14.9B |
负债/权益比FNTHG
| Q1 26 | — | 0.28× | ||
| Q4 25 | — | 0.24× | ||
| Q3 25 | — | 0.25× | ||
| Q2 25 | — | 0.11× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | — | 0.25× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $46.3M | — |
| 自由现金流经营现金流 - 资本支出 | $-5.3M | — |
| 自由现金流率自由现金流/营收 | -0.5% | — |
| 资本支出强度资本支出/营收 | 4.6% | — |
| 现金转化率经营现金流/净利润 | 0.41× | — |
| 过去12个月自由现金流最近4个季度 | $102.3M | — |
8季度趋势，按日历期对齐
经营现金流FNTHG
| Q1 26 | — | — | ||
| Q4 25 | $46.3M | $378.2M | ||
| Q3 25 | $102.6M | $554.4M | ||
| Q2 25 | $55.1M | $206.6M | ||
| Q1 25 | $74.2M | $38.9M | ||
| Q4 24 | $115.9M | $213.5M | ||
| Q3 24 | $83.2M | $394.7M | ||
| Q2 24 | $83.1M | $139.5M |
自由现金流FNTHG
| Q1 26 | — | — | ||
| Q4 25 | $-5.3M | $377.0M | ||
| Q3 25 | $57.3M | $551.4M | ||
| Q2 25 | $4.7M | $204.9M | ||
| Q1 25 | $45.7M | $37.1M | ||
| Q4 24 | $94.0M | $210.5M | ||
| Q3 24 | $62.9M | $392.3M | ||
| Q2 24 | $70.4M | $137.3M |
自由现金流率FNTHG
| Q1 26 | — | — | ||
| Q4 25 | -0.5% | 22.6% | ||
| Q3 25 | 5.9% | 33.1% | ||
| Q2 25 | 0.5% | 12.4% | ||
| Q1 25 | 5.2% | 2.3% | ||
| Q4 24 | 11.3% | 13.3% | ||
| Q3 24 | 7.8% | 25.1% | ||
| Q2 24 | 9.3% | 8.9% |
资本支出强度FNTHG
| Q1 26 | — | — | ||
| Q4 25 | 4.6% | 0.1% | ||
| Q3 25 | 4.6% | 0.2% | ||
| Q2 25 | 5.5% | 0.1% | ||
| Q1 25 | 3.3% | 0.1% | ||
| Q4 24 | 2.6% | 0.2% | ||
| Q3 24 | 2.5% | 0.2% | ||
| Q2 24 | 1.7% | 0.1% |
现金转化率FNTHG
| Q1 26 | — | — | ||
| Q4 25 | 0.41× | 1.91× | ||
| Q3 25 | 1.07× | 3.10× | ||
| Q2 25 | 0.63× | 1.32× | ||
| Q1 25 | 0.91× | 0.30× | ||
| Q4 24 | 1.34× | 1.27× | ||
| Q3 24 | 1.07× | 3.87× | ||
| Q2 24 | 1.02× | 3.44× |
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
FN
| Optical Communications | $832.6M | 73% |
| Non Optical Communications | $300.3M | 27% |
THG
| Premiums earned | $1.6B | 92% |
| Other | $124.6M | 7% |
| Fees and other income | $6.2M | 0% |
