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哈特福德（HIG）与西南航空（LUV）财务数据对比。点击上方公司名可切换其他公司
西南航空的季度营收约是哈特福德的1.8倍（$7.2B vs $4.1B），哈特福德净利率更高（13.2% vs 3.1%，领先10.0%），西南航空同比增速更快（12.8% vs -43.7%），过去两年西南航空的营收复合增速更高（-0.7% vs -20.8%）
哈特福德（The Hartford）是美国头部保险企业，位列2024年《财富》世界500强第162位，总部位于康涅狄格州哈特福德市。集团拥有200余年行业经验，在财产意外险、员工福利及共同基金领域处于领先地位，凭借优质服务、可持续运营与诚信经营广受认可。
西南航空是美国知名低成本航空公司，总部位于得克萨斯州达拉斯市洛夫菲尔德片区。截至2024年，按客运量计算其为北美第四大航空公司，旗下机队全部采用波音737机型，运营航线覆盖美国42个州、华盛顿哥伦比亚特区的100余个目的地。
HIG vs LUV — 直观对比
营收规模更大
LUV
是对方的1.8倍
$4.1B
营收增速更快
LUV
高出56.4%
-43.7%
净利率更高
HIG
高出10.0%
3.1%
两年增速更快
LUV
近两年复合增速
-20.8%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.1B | $7.2B |
| 净利润 | $536.0M | $227.0M |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | 13.2% | 3.1% |
| 营收同比 | -43.7% | 12.8% |
| 净利润同比 | 12.0% | 252.3% |
| 每股收益（稀释后） | — | $0.45 |
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HIGLUV
| Q1 26 | $4.1B | $7.2B | ||
| Q4 25 | $7.3B | $7.4B | ||
| Q3 25 | $7.2B | $6.9B | ||
| Q2 25 | $7.0B | $7.2B | ||
| Q1 25 | $6.8B | $6.4B | ||
| Q4 24 | $6.9B | $6.9B | ||
| Q3 24 | $6.8B | $6.9B | ||
| Q2 24 | $6.5B | $7.4B |
净利润HIGLUV
| Q1 26 | $536.0M | $227.0M | ||
| Q4 25 | — | $323.0M | ||
| Q3 25 | $1.1B | $54.0M | ||
| Q2 25 | $995.0M | $213.0M | ||
| Q1 25 | $630.0M | $-149.0M | ||
| Q4 24 | — | $262.0M | ||
| Q3 24 | $767.0M | $67.0M | ||
| Q2 24 | $738.0M | $367.0M |
营业利润率HIGLUV
| Q1 26 | — | — | ||
| Q4 25 | 19.3% | 5.3% | ||
| Q3 25 | 18.2% | 0.5% | ||
| Q2 25 | 17.8% | 3.1% | ||
| Q1 25 | 11.5% | -3.5% | ||
| Q4 24 | 15.6% | 4.0% | ||
| Q3 24 | 14.1% | 0.6% | ||
| Q2 24 | 14.1% | 5.4% |
净利率HIGLUV
| Q1 26 | 13.2% | 3.1% | ||
| Q4 25 | — | 4.3% | ||
| Q3 25 | 14.9% | 0.8% | ||
| Q2 25 | 14.2% | 2.9% | ||
| Q1 25 | 9.3% | -2.3% | ||
| Q4 24 | — | 3.8% | ||
| Q3 24 | 11.4% | 1.0% | ||
| Q2 24 | 11.4% | 5.0% |
每股收益（稀释后）HIGLUV
| Q1 26 | — | $0.45 | ||
| Q4 25 | $3.96 | $0.56 | ||
| Q3 25 | $3.77 | $0.10 | ||
| Q2 25 | $3.44 | $0.39 | ||
| Q1 25 | $2.15 | $-0.26 | ||
| Q4 24 | $2.88 | $0.46 | ||
| Q3 24 | $2.56 | $0.11 | ||
| Q2 24 | $2.44 | $0.58 |
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 | $1.7M | $3.3B |
| 总债务越低越好 | — | $5.4B |
| 股东权益账面价值 | $16.8M | $6.9B |
| 总资产 | $86.3M | $20.4B |
| 负债/权益比越低杠杆越低 | — | 0.78× |
8季度趋势，按日历期对齐
现金及短期投资HIGLUV
| Q1 26 | $1.7M | $3.3B | ||
| Q4 25 | — | $3.2B | ||
| Q3 25 | — | $3.0B | ||
| Q2 25 | — | $3.8B | ||
| Q1 25 | — | $8.3B | ||
| Q4 24 | — | $8.7B | ||
| Q3 24 | — | $9.4B | ||
| Q2 24 | — | $10.0B |
总债务HIGLUV
| Q1 26 | — | $5.4B | ||
| Q4 25 | $4.4B | $4.6B | ||
| Q3 25 | $4.4B | $4.1B | ||
| Q2 25 | $4.4B | $4.1B | ||
| Q1 25 | $4.4B | $4.1B | ||
| Q4 24 | $4.4B | $5.1B | ||
| Q3 24 | $4.4B | $5.1B | ||
| Q2 24 | $4.4B | $5.1B |
股东权益HIGLUV
| Q1 26 | $16.8M | $6.9B | ||
| Q4 25 | $19.0B | $8.0B | ||
| Q3 25 | $18.4B | $7.8B | ||
| Q2 25 | $17.5B | $8.0B | ||
| Q1 25 | $16.8B | $9.4B | ||
| Q4 24 | $16.4B | $10.3B | ||
| Q3 24 | $17.0B | $10.4B | ||
| Q2 24 | $15.7B | $10.5B |
总资产HIGLUV
| Q1 26 | $86.3M | $20.4B | ||
| Q4 25 | $86.0B | $29.1B | ||
| Q3 25 | $85.0B | $28.3B | ||
| Q2 25 | $83.6B | $28.7B | ||
| Q1 25 | $82.3B | $33.2B | ||
| Q4 24 | $80.9B | $33.8B | ||
| Q3 24 | $81.2B | $34.8B | ||
| Q2 24 | $79.0B | $35.6B |
负债/权益比HIGLUV
| Q1 26 | — | 0.78× | ||
| Q4 25 | 0.23× | 0.57× | ||
| Q3 25 | 0.24× | 0.52× | ||
| Q2 25 | 0.25× | 0.51× | ||
| Q1 25 | 0.26× | 0.44× | ||
| Q4 24 | 0.27× | 0.49× | ||
| Q3 24 | 0.26× | 0.49× | ||
| Q2 24 | 0.28× | 0.48× |
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 | — | $1.4B |
| 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 | — | 8.7% |
| 现金转化率经营现金流/净利润 | — | 6.25× |
| 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HIGLUV
| Q1 26 | — | $1.4B | ||
| Q4 25 | $5.9B | $294.0M | ||
| Q3 25 | $1.8B | $287.0M | ||
| Q2 25 | $1.3B | $401.0M | ||
| Q1 25 | $985.0M | $860.0M | ||
| Q4 24 | $5.9B | $476.0M | ||
| Q3 24 | $1.7B | $113.0M | ||
| Q2 24 | $1.3B | $-23.0M |
自由现金流HIGLUV
| Q1 26 | — | — | ||
| Q4 25 | $5.8B | $-565.0M | ||
| Q3 25 | $1.8B | $-391.0M | ||
| Q2 25 | $1.3B | $-234.0M | ||
| Q1 25 | $947.0M | $359.0M | ||
| Q4 24 | $5.8B | $16.0M | ||
| Q3 24 | $1.6B | $-404.0M | ||
| Q2 24 | $1.2B | $-517.0M |
自由现金流率HIGLUV
| Q1 26 | — | — | ||
| Q4 25 | 78.4% | -7.6% | ||
| Q3 25 | 24.8% | -5.6% | ||
| Q2 25 | 17.9% | -3.2% | ||
| Q1 25 | 13.9% | 5.6% | ||
| Q4 24 | 83.8% | 0.2% | ||
| Q3 24 | 24.0% | -5.9% | ||
| Q2 24 | 18.5% | -7.0% |
资本支出强度HIGLUV
| Q1 26 | — | 8.7% | ||
| Q4 25 | 2.3% | 11.5% | ||
| Q3 25 | 0.6% | 9.8% | ||
| Q2 25 | 0.6% | 8.8% | ||
| Q1 25 | 0.6% | 7.8% | ||
| Q4 24 | 2.1% | 6.6% | ||
| Q3 24 | 0.9% | 7.5% | ||
| Q2 24 | 0.9% | 6.7% |
现金转化率HIGLUV
| Q1 26 | — | 6.25× | ||
| Q4 25 | — | 0.91× | ||
| Q3 25 | 1.70× | 5.31× | ||
| Q2 25 | 1.30× | 1.88× | ||
| Q1 25 | 1.56× | — | ||
| Q4 24 | — | 1.82× | ||
| Q3 24 | 2.19× | 1.69× | ||
| Q2 24 | 1.71× | -0.06× |
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
HIG
| Earned premiums | $3.6B | 88% |
| Other | $486.0M | 12% |
| Fee income | $12.0M | 0% |
LUV
| Passenger | $6.6B | 91% |
| Other | $614.0M | 8% |
| Freight | $44.0M | 1% |
