vs
哈特福德（HIG）与标普全球（SPGI）财务数据对比。点击上方公司名可切换其他公司
标普全球的季度营收约是哈特福德的1.0倍（$4.2B vs $4.1B），标普全球净利率更高（36.1% vs 13.2%，领先22.9%），标普全球同比增速更快（10.0% vs -43.7%），过去两年标普全球的营收复合增速更高（8.4% 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。
标普全球是总部位于美国纽约曼哈顿的上市企业，核心业务涵盖金融信息、数据分析、能源及大宗商品情报服务，旗下拥有标普全球评级、标普全球市场财智、标普全球能源、标普全球移动、印度信用评级机构CRISIL等业务板块，同时控股合资企业标普道琼斯指数。
HIG vs SPGI — 直观对比
营收规模更大
SPGI
是对方的1.0倍
$4.1B
营收增速更快
SPGI
高出53.7%
-43.7%
净利率更高
SPGI
高出22.9%
13.2%
两年增速更快
SPGI
近两年复合增速
-20.8%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.1B | $4.2B |
| 净利润 | $536.0M | $1.5B |
| 毛利率 | — | — |
| 营业利润率 | — | 48.0% |
| 净利率 | 13.2% | 36.1% |
| 营收同比 | -43.7% | 10.0% |
| 净利润同比 | 12.0% | 28.0% |
| 每股收益（稀释后） | — | $4.69 |
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HIGSPGI
| Q1 26 | $4.1B | $4.2B | ||
| Q4 25 | $7.3B | $3.9B | ||
| Q3 25 | $7.2B | $3.9B | ||
| Q2 25 | $7.0B | $3.8B | ||
| Q1 25 | $6.8B | $3.8B | ||
| Q4 24 | $6.9B | $3.6B | ||
| Q3 24 | $6.8B | $3.6B | ||
| Q2 24 | $6.5B | $3.5B |
净利润HIGSPGI
| Q1 26 | $536.0M | $1.5B | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | $1.1B | $1.2B | ||
| Q2 25 | $995.0M | $1.1B | ||
| Q1 25 | $630.0M | $1.1B | ||
| Q4 24 | — | $879.0M | ||
| Q3 24 | $767.0M | $971.0M | ||
| Q2 24 | $738.0M | $1.0B |
毛利率HIGSPGI
| Q1 26 | — | — | ||
| Q4 25 | — | 70.1% | ||
| Q3 25 | — | 71.2% | ||
| Q2 25 | — | 70.2% | ||
| Q1 25 | — | 69.5% | ||
| Q4 24 | — | 69.8% | ||
| Q3 24 | — | 70.0% | ||
| Q2 24 | — | 69.4% |
营业利润率HIGSPGI
| Q1 26 | — | 48.0% | ||
| Q4 25 | 19.3% | 42.7% | ||
| Q3 25 | 18.2% | 43.1% | ||
| Q2 25 | 17.8% | 41.3% | ||
| Q1 25 | 11.5% | 41.8% | ||
| Q4 24 | 15.6% | 36.4% | ||
| Q3 24 | 14.1% | 40.1% | ||
| Q2 24 | 14.1% | 40.9% |
净利率HIGSPGI
| Q1 26 | 13.2% | 36.1% | ||
| Q4 25 | — | 28.9% | ||
| Q3 25 | 14.9% | 30.2% | ||
| Q2 25 | 14.2% | 28.5% | ||
| Q1 25 | 9.3% | 28.9% | ||
| Q4 24 | — | 24.5% | ||
| Q3 24 | 11.4% | 27.2% | ||
| Q2 24 | 11.4% | 28.5% |
每股收益（稀释后）HIGSPGI
| Q1 26 | — | $4.69 | ||
| Q4 25 | $3.96 | $3.76 | ||
| Q3 25 | $3.77 | $3.86 | ||
| Q2 25 | $3.44 | $3.50 | ||
| Q1 25 | $2.15 | $3.54 | ||
| Q4 24 | $2.88 | $2.85 | ||
| Q3 24 | $2.56 | $3.11 | ||
| Q2 24 | $2.44 | $3.23 |
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 | — |
| 总债务越低越好 | — | $13.3B |
| 股东权益账面价值 | $16.8M | $31.3B |
| 总资产 | $86.3M | $60.8B |
| 负债/权益比越低杠杆越低 | — | 0.43× |
8季度趋势，按日历期对齐
现金及短期投资HIGSPGI
| Q1 26 | $1.7M | — | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $2.0B |
总债务HIGSPGI
| Q1 26 | — | $13.3B | ||
| Q4 25 | $4.4B | $13.1B | ||
| Q3 25 | $4.4B | $11.4B | ||
| Q2 25 | $4.4B | $11.4B | ||
| Q1 25 | $4.4B | $11.4B | ||
| Q4 24 | $4.4B | $11.4B | ||
| Q3 24 | $4.4B | $11.4B | ||
| Q2 24 | $4.4B | $11.4B |
股东权益HIGSPGI
| Q1 26 | $16.8M | $31.3B | ||
| Q4 25 | $19.0B | $31.1B | ||
| Q3 25 | $18.4B | $33.1B | ||
| Q2 25 | $17.5B | $33.4B | ||
| Q1 25 | $16.8B | $33.4B | ||
| Q4 24 | $16.4B | $33.2B | ||
| Q3 24 | $17.0B | $34.0B | ||
| Q2 24 | $15.7B | $34.9B |
总资产HIGSPGI
| Q1 26 | $86.3M | $60.8B | ||
| Q4 25 | $86.0B | $61.2B | ||
| Q3 25 | $85.0B | $59.7B | ||
| Q2 25 | $83.6B | $60.4B | ||
| Q1 25 | $82.3B | $59.9B | ||
| Q4 24 | $80.9B | $60.2B | ||
| Q3 24 | $81.2B | $60.4B | ||
| Q2 24 | $79.0B | $61.0B |
负债/权益比HIGSPGI
| Q1 26 | — | 0.43× | ||
| Q4 25 | 0.23× | 0.42× | ||
| Q3 25 | 0.24× | 0.34× | ||
| Q2 25 | 0.25× | 0.34× | ||
| Q1 25 | 0.26× | 0.34× | ||
| Q4 24 | 0.27× | 0.34× | ||
| Q3 24 | 0.26× | 0.34× | ||
| Q2 24 | 0.28× | 0.33× |
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 | — | — |
| 自由现金流经营现金流 - 资本支出 | — | $919.0M |
| 自由现金流率自由现金流/营收 | — | 22.0% |
| 资本支出强度资本支出/营收 | — | 0.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $5.5B |
8季度趋势，按日历期对齐
经营现金流HIGSPGI
| Q1 26 | — | — | ||
| Q4 25 | $5.9B | $1.7B | ||
| Q3 25 | $1.8B | $1.5B | ||
| Q2 25 | $1.3B | $1.4B | ||
| Q1 25 | $985.0M | $953.0M | ||
| Q4 24 | $5.9B | $1.7B | ||
| Q3 24 | $1.7B | $1.4B | ||
| Q2 24 | $1.3B | $1.6B |
自由现金流HIGSPGI
| Q1 26 | — | $919.0M | ||
| Q4 25 | $5.8B | $1.7B | ||
| Q3 25 | $1.8B | $1.5B | ||
| Q2 25 | $1.3B | $1.4B | ||
| Q1 25 | $947.0M | $910.0M | ||
| Q4 24 | $5.8B | $1.7B | ||
| Q3 24 | $1.6B | $1.4B | ||
| Q2 24 | $1.2B | $1.5B |
自由现金流率HIGSPGI
| Q1 26 | — | 22.0% | ||
| Q4 25 | 78.4% | 43.5% | ||
| Q3 25 | 24.8% | 37.6% | ||
| Q2 25 | 17.9% | 36.9% | ||
| Q1 25 | 13.9% | 24.1% | ||
| Q4 24 | 83.8% | 47.5% | ||
| Q3 24 | 24.0% | 39.4% | ||
| Q2 24 | 18.5% | 42.9% |
资本支出强度HIGSPGI
| Q1 26 | — | 0.6% | ||
| Q4 25 | 2.3% | 1.2% | ||
| Q3 25 | 0.6% | 1.2% | ||
| Q2 25 | 0.6% | 1.6% | ||
| Q1 25 | 0.6% | 1.1% | ||
| Q4 24 | 2.1% | 0.9% | ||
| Q3 24 | 0.9% | 1.0% | ||
| Q2 24 | 0.9% | 0.9% |
现金转化率HIGSPGI
| Q1 26 | — | — | ||
| Q4 25 | — | 1.54× | ||
| Q3 25 | 1.70× | 1.28× | ||
| Q2 25 | 1.30× | 1.35× | ||
| Q1 25 | 1.56× | 0.87× | ||
| Q4 24 | — | 1.98× | ||
| Q3 24 | 2.19× | 1.49× | ||
| Q2 24 | 1.71× | 1.54× |
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% |
SPGI
| Ratings | $1.3B | 31% |
| Market Intelligence | $1.3B | 31% |
| Energy | $652.0M | 16% |
| Indices | $519.0M | 12% |
| Mobility | $454.0M | 11% |
