vs
大都会人寿（MET）与先锋自然资源公司（PR）财务数据对比。点击上方公司名可切换其他公司
先锋自然资源公司的季度营收约是大都会人寿的1.9倍（$1.2B vs $600.0M），大都会人寿净利率更高（134.8% vs 29.0%，领先105.8%），大都会人寿同比增速更快（7.9% vs -9.8%），过去两年大都会人寿的营收复合增速更高（2.0% vs -3.0%）
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。
先锋自然资源公司总部位于美国得克萨斯州欧文市，主要从事油气勘探业务，运营覆盖二叠纪盆地Spraberry产区的克莱恩页岩区块，是该区域最大的土地权益持有方，2024年5月被埃克森美孚收购。
MET vs PR — 直观对比
营收规模更大
PR
是对方的1.9倍
$600.0M
营收增速更快
MET
高出17.7%
-9.8%
净利率更高
MET
高出105.8%
29.0%
两年增速更快
MET
近两年复合增速
-3.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $600.0M | $1.2B |
| 净利润 | $809.0M | $339.5M |
| 毛利率 | — | — |
| 营业利润率 | — | 23.1% |
| 净利率 | 134.8% | 29.0% |
| 营收同比 | 7.9% | -9.8% |
| 净利润同比 | -36.3% | 56.7% |
| 每股收益（稀释后） | $1.18 | $0.48 |
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METPR
| Q4 25 | $600.0M | $1.2B | ||
| Q3 25 | $621.0M | $1.3B | ||
| Q2 25 | $604.0M | $1.2B | ||
| Q1 25 | $611.0M | $1.4B | ||
| Q4 24 | $556.0M | $1.3B | ||
| Q3 24 | $554.0M | $1.2B | ||
| Q2 24 | $558.0M | $1.2B | ||
| Q1 24 | $577.0M | $1.2B |
净利润METPR
| Q4 25 | $809.0M | $339.5M | ||
| Q3 25 | $896.0M | $59.2M | ||
| Q2 25 | $729.0M | $207.1M | ||
| Q1 25 | $945.0M | $329.3M | ||
| Q4 24 | $1.3B | $216.7M | ||
| Q3 24 | $1.3B | $386.4M | ||
| Q2 24 | $946.0M | $235.1M | ||
| Q1 24 | $867.0M | $146.6M |
营业利润率METPR
| Q4 25 | — | 23.1% | ||
| Q3 25 | — | 29.6% | ||
| Q2 25 | — | 24.8% | ||
| Q1 25 | — | 36.6% | ||
| Q4 24 | — | 32.8% | ||
| Q3 24 | — | 32.5% | ||
| Q2 24 | — | 36.5% | ||
| Q1 24 | — | 37.7% |
净利率METPR
| Q4 25 | 134.8% | 29.0% | ||
| Q3 25 | 144.3% | 4.5% | ||
| Q2 25 | 120.7% | 17.3% | ||
| Q1 25 | 154.7% | 23.9% | ||
| Q4 24 | 228.6% | 16.7% | ||
| Q3 24 | 242.2% | 31.8% | ||
| Q2 24 | 169.5% | 18.9% | ||
| Q1 24 | 150.3% | 11.8% |
每股收益（稀释后）METPR
| Q4 25 | $1.18 | $0.48 | ||
| Q3 25 | $1.22 | $0.08 | ||
| Q2 25 | $1.03 | $0.28 | ||
| Q1 25 | $1.28 | $0.44 | ||
| Q4 24 | $1.75 | $0.31 | ||
| Q3 24 | $1.81 | $0.53 | ||
| Q2 24 | $1.28 | $0.36 | ||
| Q1 24 | $1.10 | $0.25 |
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 | $153.7M |
| 总债务越低越好 | — | $3.5B |
| 股东权益账面价值 | $28.4B | $10.3B |
| 总资产 | $745.2B | $17.9B |
| 负债/权益比越低杠杆越低 | — | 0.34× |
8季度趋势，按日历期对齐
现金及短期投资METPR
| Q4 25 | $25.6B | $153.7M | ||
| Q3 25 | $26.2B | $111.8M | ||
| Q2 25 | $27.5B | $451.0M | ||
| Q1 25 | $26.9B | $702.2M | ||
| Q4 24 | $25.2B | $479.3M | ||
| Q3 24 | $26.4B | $272.0M | ||
| Q2 24 | $24.6B | $47.8M | ||
| Q1 24 | $24.7B | $12.7M |
总债务METPR
| Q4 25 | — | $3.5B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $4.0B | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | — | $4.2B | ||
| Q2 24 | — | $3.9B | ||
| Q1 24 | — | $3.9B |
股东权益METPR
| Q4 25 | $28.4B | $10.3B | ||
| Q3 25 | $28.9B | $10.0B | ||
| Q2 25 | $27.7B | $9.5B | ||
| Q1 25 | $27.5B | $9.4B | ||
| Q4 24 | $27.4B | $9.1B | ||
| Q3 24 | $30.9B | $9.0B | ||
| Q2 24 | $27.3B | $8.3B | ||
| Q1 24 | $28.5B | $7.0B |
总资产METPR
| Q4 25 | $745.2B | $17.9B | ||
| Q3 25 | $719.7B | $17.3B | ||
| Q2 25 | $702.5B | $17.5B | ||
| Q1 25 | $688.3B | $17.1B | ||
| Q4 24 | $677.5B | $16.9B | ||
| Q3 24 | $705.0B | $16.6B | ||
| Q2 24 | $675.7B | $15.4B | ||
| Q1 24 | $677.6B | $15.1B |
负债/权益比METPR
| Q4 25 | — | 0.34× | ||
| Q3 25 | — | 0.35× | ||
| Q2 25 | — | 0.42× | ||
| Q1 25 | — | 0.43× | ||
| Q4 24 | — | 0.46× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.46× | ||
| Q1 24 | — | 0.56× |
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 | $904.3M |
| 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 | 8.75× | 2.66× |
| 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METPR
| Q4 25 | $7.1B | $904.3M | ||
| Q3 25 | $3.6B | $766.5M | ||
| Q2 25 | $2.2B | $1.0B | ||
| Q1 25 | $4.3B | $898.0M | ||
| Q4 24 | $4.6B | $871.6M | ||
| Q3 24 | $4.2B | $954.4M | ||
| Q2 24 | $3.5B | $938.4M | ||
| Q1 24 | $2.3B | $647.6M |
现金转化率METPR
| Q4 25 | 8.75× | 2.66× | ||
| Q3 25 | 3.98× | 12.94× | ||
| Q2 25 | 3.00× | 5.01× | ||
| Q1 25 | 4.51× | 2.73× | ||
| Q4 24 | 3.63× | 4.02× | ||
| Q3 24 | 3.11× | 2.47× | ||
| Q2 24 | 3.69× | 3.99× | ||
| Q1 24 | 2.69× | 4.42× |
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% |
PR
| Crude Oil | $1.0B | 87% |
| Natural Gas Liquids Reserves | $145.1M | 12% |
