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GENWORTH FINANCIAL INC（GNW）与LINCOLN NATIONAL CORP（LNC）财务数据对比。点击上方公司名可切换其他公司
LINCOLN NATIONAL CORP的季度营收约是GENWORTH FINANCIAL INC的2.8倍（$4.9B vs $1.8B）。LINCOLN NATIONAL CORP净利率更高（15.3% vs 0.1%，领先15.2%）。GENWORTH FINANCIAL INC同比增速更快（0.1% vs -2.8%）。过去两年LINCOLN NATIONAL CORP的营收复合增速更高（9.4% vs -2.2%）
Genworth Financial是总部位于美国弗吉尼亚州里士满的金融服务企业，核心业务涵盖人寿保险、长期护理保险、按揭保险以及年金产品，为客户提供多元风险管理与财富保障解决方案。
林肯国民公司是美国财富200强控股企业，通过旗下多家子公司开展保险、投资管理等多元金融业务，“林肯金融集团”是该公司及其所有子公司共同使用的市场推广品牌名称。
GNW vs LNC — 直观对比
营收规模更大
LNC
是对方的2.8倍
$1.8B
营收增速更快
GNW
高出2.9%
-2.8%
净利率更高
LNC
高出15.2%
0.1%
两年增速更快
LNC
近两年复合增速
-2.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $4.9B |
| 净利润 | $2.0M | $755.0M |
| 毛利率 | — | — |
| 营业利润率 | 1.0% | 18.6% |
| 净利率 | 0.1% | 15.3% |
| 营收同比 | 0.1% | -2.8% |
| 净利润同比 | 300.0% | -55.2% |
| 每股收益（稀释后） | $0.01 | $4.32 |
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GNWLNC
| Q4 25 | $1.8B | $4.9B | ||
| Q3 25 | $1.9B | $4.6B | ||
| Q2 25 | $1.8B | $4.0B | ||
| Q1 25 | $1.8B | $4.7B | ||
| Q4 24 | $1.8B | $5.1B | ||
| Q3 24 | $1.9B | $4.1B | ||
| Q2 24 | $1.8B | $5.2B | ||
| Q1 24 | $1.9B | $4.1B |
净利润GNWLNC
| Q4 25 | $2.0M | $755.0M | ||
| Q3 25 | $116.0M | $445.0M | ||
| Q2 25 | $51.0M | $699.0M | ||
| Q1 25 | $54.0M | $-722.0M | ||
| Q4 24 | $-1.0M | $1.7B | ||
| Q3 24 | $85.0M | $-528.0M | ||
| Q2 24 | $76.0M | $895.0M | ||
| Q1 24 | $139.0M | $1.2B |
营业利润率GNWLNC
| Q4 25 | 1.0% | 18.6% | ||
| Q3 25 | 8.5% | 11.5% | ||
| Q2 25 | 3.8% | 21.0% | ||
| Q1 25 | 2.9% | -20.2% | ||
| Q4 24 | 3.1% | 41.5% | ||
| Q3 24 | 2.6% | -17.1% | ||
| Q2 24 | 7.1% | 21.3% | ||
| Q1 24 | 4.6% | 37.1% |
净利率GNWLNC
| Q4 25 | 0.1% | 15.3% | ||
| Q3 25 | 6.0% | 9.8% | ||
| Q2 25 | 2.8% | 17.3% | ||
| Q1 25 | 3.0% | -15.4% | ||
| Q4 24 | -0.1% | 33.3% | ||
| Q3 24 | 4.5% | -12.8% | ||
| Q2 24 | 4.3% | 17.4% | ||
| Q1 24 | 7.5% | 29.7% |
每股收益（稀释后）GNWLNC
| Q4 25 | $0.01 | $4.32 | ||
| Q3 25 | $0.28 | $2.12 | ||
| Q2 25 | $0.12 | $3.80 | ||
| Q1 25 | $0.13 | $-4.41 | ||
| Q4 24 | $0.01 | $9.66 | ||
| Q3 24 | $0.19 | $-3.29 | ||
| Q2 24 | $0.17 | $5.11 | ||
| Q1 24 | $0.31 | $6.93 |
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 | — | — |
| 总债务越低越好 | $1.5B | $6.3B |
| 股东权益账面价值 | $8.8B | $10.9B |
| 总资产 | $88.1B | $417.2B |
| 负债/权益比越低杠杆越低 | 0.17× | 0.57× |
8季度趋势，按日历期对齐
总债务GNWLNC
| Q4 25 | $1.5B | $6.3B | ||
| Q3 25 | $1.5B | $5.8B | ||
| Q2 25 | $1.5B | $5.8B | ||
| Q1 25 | $1.5B | $5.9B | ||
| Q4 24 | $1.5B | $6.1B | ||
| Q3 24 | $1.5B | $5.9B | ||
| Q2 24 | $1.6B | $5.7B | ||
| Q1 24 | $1.6B | $5.7B |
股东权益GNWLNC
| Q4 25 | $8.8B | $10.9B | ||
| Q3 25 | $8.8B | $10.5B | ||
| Q2 25 | $8.8B | $9.5B | ||
| Q1 25 | $8.7B | $8.2B | ||
| Q4 24 | $8.5B | $8.3B | ||
| Q3 24 | $8.3B | $9.0B | ||
| Q2 24 | $8.5B | $7.9B | ||
| Q1 24 | $8.0B | $7.5B |
总资产GNWLNC
| Q4 25 | $88.1B | $417.2B | ||
| Q3 25 | $88.5B | $415.3B | ||
| Q2 25 | $87.3B | $399.1B | ||
| Q1 25 | $87.3B | $382.9B | ||
| Q4 24 | $86.9B | $390.8B | ||
| Q3 24 | $90.8B | $396.8B | ||
| Q2 24 | $87.5B | $384.5B | ||
| Q1 24 | $89.2B | $383.4B |
负债/权益比GNWLNC
| Q4 25 | 0.17× | 0.57× | ||
| Q3 25 | 0.17× | 0.55× | ||
| Q2 25 | 0.17× | 0.60× | ||
| Q1 25 | 0.17× | 0.72× | ||
| Q4 24 | 0.18× | 0.74× | ||
| Q3 24 | 0.19× | 0.65× | ||
| Q2 24 | 0.18× | 0.72× | ||
| Q1 24 | 0.20× | 0.76× |
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 | $200.0M | $233.0M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 100.00× | 0.31× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流GNWLNC
| Q4 25 | $200.0M | $233.0M | ||
| Q3 25 | $87.0M | $-1.1B | ||
| Q2 25 | $6.0M | $1.0B | ||
| Q1 25 | $34.0M | $-272.0M | ||
| Q4 24 | $27.0M | $222.0M | ||
| Q3 24 | $161.0M | $-27.0M | ||
| Q2 24 | $7.0M | $-859.0M | ||
| Q1 24 | $-107.0M | $-1.3B |
现金转化率GNWLNC
| Q4 25 | 100.00× | 0.31× | ||
| Q3 25 | 0.75× | -2.56× | ||
| Q2 25 | 0.12× | 1.45× | ||
| Q1 25 | 0.63× | — | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | 1.89× | — | ||
| Q2 24 | 0.09× | -0.96× | ||
| Q1 24 | -0.77× | -1.10× |
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
GNW
| Enact Segment | $1.3B | 70% |
| Other | $386.0M | 22% |
| Annuities | $106.0M | 6% |
| Utilities | $20.0M | 1% |
| Consumer Cyclical | $17.0M | 1% |
| Energy | $4.0M | 0% |
LNC
| Life Segment | $1.6B | 33% |
| Group Protection Segment | $1.5B | 31% |
| Annuities Segment | $1.3B | 27% |
| Other | $435.0M | 9% |
