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大都会人寿（MET）与Envista Holdings Corp（NVST）财务数据对比。点击上方公司名可切换其他公司
Envista Holdings Corp的季度营收约是大都会人寿的1.3倍（$750.6M vs $600.0M），大都会人寿净利率更高（134.8% vs 4.4%，领先130.5%），Envista Holdings Corp同比增速更快（15.0% vs 7.9%），过去两年Envista Holdings Corp的营收复合增速更高（9.7% vs 2.0%）
大都会人寿（MetLife）是全球规模领先的保险、年金及员工福利服务提供商之一，创立于1868年，业务覆盖超60个国家和地区，服务约9000万客户，2018年位列《财富》美国500强营收排行榜第43位。
Envista Holdings Corp是一家总部位于美国的企业，旗下Envista Forensics业务板块面向保险、法律及风险管理行业，在全球范围内提供法务工程与事故复原解决方案。公司前身为LWG咨询有限公司，2017年正式更名为Envista Forensics。
MET vs NVST — 直观对比
营收规模更大
NVST
是对方的1.3倍
$600.0M
营收增速更快
NVST
高出7.1%
7.9%
净利率更高
MET
高出130.5%
4.4%
两年增速更快
NVST
近两年复合增速
2.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $600.0M | $750.6M |
| 净利润 | $809.0M | $32.9M |
| 毛利率 | — | 54.7% |
| 营业利润率 | — | 9.8% |
| 净利率 | 134.8% | 4.4% |
| 营收同比 | 7.9% | 15.0% |
| 净利润同比 | -36.3% | 2641.7% |
| 每股收益（稀释后） | $1.18 | $0.20 |
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METNVST
| Q4 25 | $600.0M | $750.6M | ||
| Q3 25 | $621.0M | $669.9M | ||
| Q2 25 | $604.0M | $682.1M | ||
| Q1 25 | $611.0M | $616.9M | ||
| Q4 24 | $556.0M | $652.9M | ||
| Q3 24 | $554.0M | $601.0M | ||
| Q2 24 | $558.0M | $633.1M | ||
| Q1 24 | $577.0M | $623.6M |
净利润METNVST
| Q4 25 | $809.0M | $32.9M | ||
| Q3 25 | $896.0M | $-30.3M | ||
| Q2 25 | $729.0M | $26.4M | ||
| Q1 25 | $945.0M | $18.0M | ||
| Q4 24 | $1.3B | $1.2M | ||
| Q3 24 | $1.3B | $8.2M | ||
| Q2 24 | $946.0M | $-1.2B | ||
| Q1 24 | $867.0M | $23.6M |
毛利率METNVST
| Q4 25 | — | 54.7% | ||
| Q3 25 | — | 55.3% | ||
| Q2 25 | — | 54.2% | ||
| Q1 25 | — | 54.5% | ||
| Q4 24 | — | 57.1% | ||
| Q3 24 | — | 52.8% | ||
| Q2 24 | — | 51.6% | ||
| Q1 24 | — | 57.1% |
营业利润率METNVST
| Q4 25 | — | 9.8% | ||
| Q3 25 | — | 8.6% | ||
| Q2 25 | — | 6.8% | ||
| Q1 25 | — | 6.3% | ||
| Q4 24 | — | 7.1% | ||
| Q3 24 | — | 3.5% | ||
| Q2 24 | — | -182.2% | ||
| Q1 24 | — | 7.7% |
净利率METNVST
| Q4 25 | 134.8% | 4.4% | ||
| Q3 25 | 144.3% | -4.5% | ||
| Q2 25 | 120.7% | 3.9% | ||
| Q1 25 | 154.7% | 2.9% | ||
| Q4 24 | 228.6% | 0.2% | ||
| Q3 24 | 242.2% | 1.4% | ||
| Q2 24 | 169.5% | -181.9% | ||
| Q1 24 | 150.3% | 3.8% |
每股收益（稀释后）METNVST
| Q4 25 | $1.18 | $0.20 | ||
| Q3 25 | $1.22 | $-0.18 | ||
| Q2 25 | $1.03 | $0.16 | ||
| Q1 25 | $1.28 | $0.10 | ||
| Q4 24 | $1.75 | $0.00 | ||
| Q3 24 | $1.81 | $0.05 | ||
| Q2 24 | $1.28 | $-6.69 | ||
| Q1 24 | $1.10 | $0.14 |
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 | $25.6B | $1.2B |
| 总债务越低越好 | — | $1.4B |
| 股东权益账面价值 | $28.4B | $3.1B |
| 总资产 | $745.2B | $5.7B |
| 负债/权益比越低杠杆越低 | — | 0.47× |
8季度趋势，按日历期对齐
现金及短期投资METNVST
| Q4 25 | $25.6B | $1.2B | ||
| Q3 25 | $26.2B | $1.1B | ||
| Q2 25 | $27.5B | $1.1B | ||
| Q1 25 | $26.9B | $1.1B | ||
| Q4 24 | $25.2B | $1.1B | ||
| Q3 24 | $26.4B | $991.3M | ||
| Q2 24 | $24.6B | $1.0B | ||
| Q1 24 | $24.7B | $948.5M |
总债务METNVST
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | — | $1.5B |
股东权益METNVST
| Q4 25 | $28.4B | $3.1B | ||
| Q3 25 | $28.9B | $3.1B | ||
| Q2 25 | $27.7B | $3.1B | ||
| Q1 25 | $27.5B | $3.0B | ||
| Q4 24 | $27.4B | $2.9B | ||
| Q3 24 | $30.9B | $3.1B | ||
| Q2 24 | $27.3B | $3.0B | ||
| Q1 24 | $28.5B | $4.1B |
总资产METNVST
| Q4 25 | $745.2B | $5.7B | ||
| Q3 25 | $719.7B | $5.6B | ||
| Q2 25 | $702.5B | $5.7B | ||
| Q1 25 | $688.3B | $5.5B | ||
| Q4 24 | $677.5B | $5.4B | ||
| Q3 24 | $705.0B | $5.5B | ||
| Q2 24 | $675.7B | $5.4B | ||
| Q1 24 | $677.6B | $6.6B |
负债/权益比METNVST
| Q4 25 | — | 0.47× | ||
| Q3 25 | — | 0.47× | ||
| Q2 25 | — | 0.46× | ||
| Q1 25 | — | 0.47× | ||
| Q4 24 | — | 0.48× | ||
| Q3 24 | — | 0.46× | ||
| Q2 24 | — | 0.51× | ||
| Q1 24 | — | 0.36× |
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 | $7.1B | $108.0M |
| 自由现金流经营现金流 - 资本支出 | — | $91.7M |
| 自由现金流率自由现金流/营收 | — | 12.2% |
| 资本支出强度资本支出/营收 | — | 2.2% |
| 现金转化率经营现金流/净利润 | 8.75× | 3.28× |
| 过去12个月自由现金流最近4个季度 | — | $230.4M |
8季度趋势，按日历期对齐
经营现金流METNVST
| Q4 25 | $7.1B | $108.0M | ||
| Q3 25 | $3.6B | $78.7M | ||
| Q2 25 | $2.2B | $88.7M | ||
| Q1 25 | $4.3B | $300.0K | ||
| Q4 24 | $4.6B | $132.4M | ||
| Q3 24 | $4.2B | $70.7M | ||
| Q2 24 | $3.5B | $93.1M | ||
| Q1 24 | $2.3B | $40.3M |
自由现金流METNVST
| Q4 25 | — | $91.7M | ||
| Q3 25 | — | $67.9M | ||
| Q2 25 | — | $76.4M | ||
| Q1 25 | — | $-5.6M | ||
| Q4 24 | — | $123.8M | ||
| Q3 24 | — | $63.3M | ||
| Q2 24 | — | $86.3M | ||
| Q1 24 | — | $29.3M |
自由现金流率METNVST
| Q4 25 | — | 12.2% | ||
| Q3 25 | — | 10.1% | ||
| Q2 25 | — | 11.2% | ||
| Q1 25 | — | -0.9% | ||
| Q4 24 | — | 19.0% | ||
| Q3 24 | — | 10.5% | ||
| Q2 24 | — | 13.6% | ||
| Q1 24 | — | 4.7% |
资本支出强度METNVST
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 1.3% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 1.1% | ||
| Q1 24 | — | 1.8% |
现金转化率METNVST
| Q4 25 | 8.75× | 3.28× | ||
| Q3 25 | 3.98× | — | ||
| Q2 25 | 3.00× | 3.36× | ||
| Q1 25 | 4.51× | 0.02× | ||
| Q4 24 | 3.63× | 110.33× | ||
| Q3 24 | 3.11× | 8.62× | ||
| Q2 24 | 3.69× | — | ||
| Q1 24 | 2.69× | 1.71× |
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
MET
| Other | $165.0M | 28% |
| Prepaidlegalplansandadministrativeonlycontracts | $158.0M | 26% |
| Vision Fee For Service Arrangements | $140.0M | 23% |
| Administrative Service | $76.0M | 13% |
| Distribution Service | $36.0M | 6% |
| Feebasedinvestmentmanagementservices | $25.0M | 4% |
NVST
| Other | $375.8M | 50% |
| Specialty Productsand Technologies | $188.4M | 25% |
| Equipmentand Consumables | $186.4M | 25% |
