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Shift4 Payments, Inc.（FOUR）与KEMPER Corp（KMPR）财务数据对比。点击上方公司名可切换其他公司
Shift4 Payments, Inc.的季度营收约是KEMPER Corp的1.1倍（$1.2B vs $1.1B），Shift4 Payments, Inc.净利率更高（3.4% vs -0.7%，领先4.1%），Shift4 Payments, Inc.同比增速更快（34.0% vs -4.7%），Shift4 Payments, Inc.自由现金流更多（$222.5M vs $166.2M），过去两年Shift4 Payments, Inc.的营收复合增速更高（29.6% vs -0.5%）
Shift4 Payments是美国支付处理服务商，总部位于宾夕法尼亚州阿伦敦，1999年由贾里德·艾萨克曼创立。公司为零售、酒店、休闲、餐饮等行业超20万家商户提供支付处理服务，主营移动支付软硬件等商业技术，2020年于纽约证券交易所挂牌上市。
坎伯公司（Kemper Corporation）是总部位于美国伊利诺伊州芝加哥的保险服务商，总资产近130亿美元，旗下品牌矩阵为个人、家庭及企业客户提供多元保险产品服务。
FOUR vs KMPR — 直观对比
营收规模更大
FOUR
是对方的1.1倍
$1.1B
营收增速更快
FOUR
高出38.7%
-4.7%
净利率更高
FOUR
高出4.1%
-0.7%
自由现金流更多
FOUR
多$56.3M
$166.2M
两年增速更快
FOUR
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.1B |
| 净利润 | $40.2M | $-8.0M |
| 毛利率 | — | — |
| 营业利润率 | 10.8% | — |
| 净利率 | 3.4% | -0.7% |
| 营收同比 | 34.0% | -4.7% |
| 净利润同比 | -65.3% | -108.2% |
| 每股收益（稀释后） | — | $-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FOURKMPR
| Q4 25 | $1.2B | $1.1B | ||
| Q3 25 | $1.2B | $1.2B | ||
| Q2 25 | $966.2M | $1.2B | ||
| Q1 25 | $848.3M | $1.2B | ||
| Q4 24 | $887.0M | $1.2B | ||
| Q3 24 | $909.2M | $1.2B | ||
| Q2 24 | $827.0M | $1.1B | ||
| Q1 24 | $707.4M | $1.1B |
净利润FOURKMPR
| Q4 25 | $40.2M | $-8.0M | ||
| Q3 25 | $28.1M | $-21.0M | ||
| Q2 25 | $34.0M | $72.6M | ||
| Q1 25 | $16.7M | $99.7M | ||
| Q4 24 | $116.0M | $97.4M | ||
| Q3 24 | $53.8M | $73.7M | ||
| Q2 24 | $39.2M | $75.4M | ||
| Q1 24 | $20.6M | $71.3M |
营业利润率FOURKMPR
| Q4 25 | 10.8% | — | ||
| Q3 25 | 9.7% | — | ||
| Q2 25 | 8.6% | — | ||
| Q1 25 | 3.0% | — | ||
| Q4 24 | 9.7% | — | ||
| Q3 24 | 8.8% | 11.2% | ||
| Q2 24 | 7.2% | 10.1% | ||
| Q1 24 | 3.0% | 7.6% |
净利率FOURKMPR
| Q4 25 | 3.4% | -0.7% | ||
| Q3 25 | 2.4% | -1.7% | ||
| Q2 25 | 3.5% | 5.9% | ||
| Q1 25 | 2.0% | 8.4% | ||
| Q4 24 | 13.1% | 8.2% | ||
| Q3 24 | 5.9% | 6.3% | ||
| Q2 24 | 4.7% | 6.7% | ||
| Q1 24 | 2.9% | 6.2% |
每股收益（稀释后）FOURKMPR
| Q4 25 | — | $-0.03 | ||
| Q3 25 | — | $-0.34 | ||
| Q2 25 | — | $1.12 | ||
| Q1 25 | — | $1.54 | ||
| Q4 24 | — | $1.51 | ||
| Q3 24 | — | $1.14 | ||
| Q2 24 | — | $1.16 | ||
| Q1 24 | — | $1.10 |
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 | $964.0M | — |
| 总债务越低越好 | $4.5B | $943.5M |
| 股东权益账面价值 | $1.4B | $2.7B |
| 总资产 | $8.7B | $12.5B |
| 负债/权益比越低杠杆越低 | 3.15× | 0.35× |
8季度趋势，按日历期对齐
现金及短期投资FOURKMPR
| Q4 25 | $964.0M | — | ||
| Q3 25 | $1.5B | $371.2M | ||
| Q2 25 | $3.0B | $407.6M | ||
| Q1 25 | $1.2B | $545.3M | ||
| Q4 24 | $1.2B | $1.0B | ||
| Q3 24 | $1.4B | $696.9M | ||
| Q2 24 | $205.0M | $539.1M | ||
| Q1 24 | $522.9M | $520.7M |
总债务FOURKMPR
| Q4 25 | $4.5B | $943.5M | ||
| Q3 25 | $4.7B | $943.1M | ||
| Q2 25 | $3.7B | $942.6M | ||
| Q1 25 | $2.8B | $942.1M | ||
| Q4 24 | $2.8B | $1.4B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | — | $1.4B |
股东权益FOURKMPR
| Q4 25 | $1.4B | $2.7B | ||
| Q3 25 | $1.7B | $2.7B | ||
| Q2 25 | $1.6B | $370.0M | ||
| Q1 25 | $805.2M | $366.0M | ||
| Q4 24 | $806.6M | $2.8B | ||
| Q3 24 | $811.8M | $2.8B | ||
| Q2 24 | $700.8M | $358.0M | ||
| Q1 24 | $674.5M | $2.6B |
总资产FOURKMPR
| Q4 25 | $8.7B | $12.5B | ||
| Q3 25 | $9.0B | $12.4B | ||
| Q2 25 | $7.0B | $12.6B | ||
| Q1 25 | $5.0B | $12.5B | ||
| Q4 24 | $5.0B | $12.6B | ||
| Q3 24 | $5.0B | $12.6B | ||
| Q2 24 | $3.5B | $12.6B | ||
| Q1 24 | $3.4B | $12.6B |
负债/权益比FOURKMPR
| Q4 25 | 3.15× | 0.35× | ||
| Q3 25 | 2.83× | 0.35× | ||
| Q2 25 | 2.34× | 2.55× | ||
| Q1 25 | 3.53× | 2.57× | ||
| Q4 24 | 3.52× | 0.50× | ||
| Q3 24 | — | 0.50× | ||
| Q2 24 | — | 3.88× | ||
| Q1 24 | — | 0.54× |
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 | $223.7M | $175.0M |
| 自由现金流经营现金流 - 资本支出 | $222.5M | $166.2M |
| 自由现金流率自由现金流/营收 | 18.7% | 14.7% |
| 资本支出强度资本支出/营收 | 0.1% | 0.8% |
| 现金转化率经营现金流/净利润 | 5.56× | — |
| 过去12个月自由现金流最近4个季度 | $624.0M | $553.9M |
8季度趋势，按日历期对齐
经营现金流FOURKMPR
| Q4 25 | $223.7M | $175.0M | ||
| Q3 25 | $171.8M | $139.9M | ||
| Q2 25 | $141.9M | $89.6M | ||
| Q1 25 | $96.6M | $180.0M | ||
| Q4 24 | $145.4M | $175.1M | ||
| Q3 24 | $182.1M | $141.9M | ||
| Q2 24 | $116.1M | $22.9M | ||
| Q1 24 | $56.7M | $43.0M |
自由现金流FOURKMPR
| Q4 25 | $222.5M | $166.2M | ||
| Q3 25 | $165.4M | $133.4M | ||
| Q2 25 | $141.0M | $82.0M | ||
| Q1 25 | $95.1M | $172.3M | ||
| Q4 24 | $143.8M | $165.4M | ||
| Q3 24 | $180.1M | $131.4M | ||
| Q2 24 | $113.9M | $5.2M | ||
| Q1 24 | $55.4M | $27.7M |
自由现金流率FOURKMPR
| Q4 25 | 18.7% | 14.7% | ||
| Q3 25 | 14.1% | 10.8% | ||
| Q2 25 | 14.6% | 6.7% | ||
| Q1 25 | 11.2% | 14.4% | ||
| Q4 24 | 16.2% | 13.9% | ||
| Q3 24 | 19.8% | 11.1% | ||
| Q2 24 | 13.8% | 0.5% | ||
| Q1 24 | 7.8% | 2.4% |
资本支出强度FOURKMPR
| Q4 25 | 0.1% | 0.8% | ||
| Q3 25 | 0.5% | 0.5% | ||
| Q2 25 | 0.1% | 0.6% | ||
| Q1 25 | 0.2% | 0.6% | ||
| Q4 24 | 0.2% | 0.8% | ||
| Q3 24 | 0.2% | 0.9% | ||
| Q2 24 | 0.3% | 1.6% | ||
| Q1 24 | 0.2% | 1.3% |
现金转化率FOURKMPR
| Q4 25 | 5.56× | — | ||
| Q3 25 | 6.11× | — | ||
| Q2 25 | 4.17× | 1.23× | ||
| Q1 25 | 5.78× | 1.81× | ||
| Q4 24 | 1.25× | 1.80× | ||
| Q3 24 | 3.38× | 1.93× | ||
| Q2 24 | 2.96× | 0.30× | ||
| Q1 24 | 2.75× | 0.60× |
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
FOUR
| Payments Based Revenue | $788.8M | 66% |
| Other | $255.0M | 21% |
| Subscription And Other Revenues | $144.8M | 12% |
KMPR
| Specialty Property Casualty Insurance Segment | $995.1M | 88% |
| Life Insurance Segment1 | $140.7M | 12% |
