vs
大都会人寿（MET）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
大都会人寿的季度营收约是RBC Bearings INC的1.3倍（$600.0M vs $461.6M），大都会人寿净利率更高（134.8% vs 14.6%，领先120.2%），RBC Bearings INC同比增速更快（17.0% vs 7.9%），过去两年RBC Bearings INC的营收复合增速更高（5.6% 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。
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
MET vs RBC — 直观对比
营收规模更大
MET
是对方的1.3倍
$461.6M
营收增速更快
RBC
高出9.1%
7.9%
净利率更高
MET
高出120.2%
14.6%
两年增速更快
RBC
近两年复合增速
2.0%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $600.0M | $461.6M |
| 净利润 | $809.0M | $67.4M |
| 毛利率 | — | 44.3% |
| 营业利润率 | — | 22.3% |
| 净利率 | 134.8% | 14.6% |
| 营收同比 | 7.9% | 17.0% |
| 净利润同比 | -36.3% | 16.4% |
| 每股收益（稀释后） | $1.18 | $2.13 |
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METRBC
| Q4 25 | $600.0M | $461.6M | ||
| Q3 25 | $621.0M | $455.3M | ||
| Q2 25 | $604.0M | $436.0M | ||
| Q1 25 | $611.0M | $437.7M | ||
| Q4 24 | $556.0M | $394.4M | ||
| Q3 24 | $554.0M | $397.9M | ||
| Q2 24 | $558.0M | $406.3M | ||
| Q1 24 | $577.0M | $413.7M |
净利润METRBC
| Q4 25 | $809.0M | $67.4M | ||
| Q3 25 | $896.0M | $60.0M | ||
| Q2 25 | $729.0M | $68.5M | ||
| Q1 25 | $945.0M | $72.7M | ||
| Q4 24 | $1.3B | $57.9M | ||
| Q3 24 | $1.3B | $54.2M | ||
| Q2 24 | $946.0M | $61.4M | ||
| Q1 24 | $867.0M | — |
毛利率METRBC
| Q4 25 | — | 44.3% | ||
| Q3 25 | — | 44.1% | ||
| Q2 25 | — | 44.8% | ||
| Q1 25 | — | 44.2% | ||
| Q4 24 | — | 44.3% | ||
| Q3 24 | — | 43.7% | ||
| Q2 24 | — | 45.3% | ||
| Q1 24 | — | 43.1% |
营业利润率METRBC
| Q4 25 | — | 22.3% | ||
| Q3 25 | — | 21.5% | ||
| Q2 25 | — | 23.2% | ||
| Q1 25 | — | 23.0% | ||
| Q4 24 | — | 21.7% | ||
| Q3 24 | — | 21.6% | ||
| Q2 24 | — | 24.0% | ||
| Q1 24 | — | 22.8% |
净利率METRBC
| Q4 25 | 134.8% | 14.6% | ||
| Q3 25 | 144.3% | 13.2% | ||
| Q2 25 | 120.7% | 15.7% | ||
| Q1 25 | 154.7% | 16.6% | ||
| Q4 24 | 228.6% | 14.7% | ||
| Q3 24 | 242.2% | 13.6% | ||
| Q2 24 | 169.5% | 15.1% | ||
| Q1 24 | 150.3% | — |
每股收益（稀释后）METRBC
| Q4 25 | $1.18 | $2.13 | ||
| Q3 25 | $1.22 | $1.90 | ||
| Q2 25 | $1.03 | $2.17 | ||
| Q1 25 | $1.28 | $2.33 | ||
| Q4 24 | $1.75 | $1.82 | ||
| Q3 24 | $1.81 | $1.65 | ||
| Q2 24 | $1.28 | $1.90 | ||
| Q1 24 | $1.10 | $1.92 |
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 | $107.6M |
| 总债务越低越好 | — | $990.2M |
| 股东权益账面价值 | $28.4B | $3.3B |
| 总资产 | $745.2B | $5.1B |
| 负债/权益比越低杠杆越低 | — | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资METRBC
| Q4 25 | $25.6B | $107.6M | ||
| Q3 25 | $26.2B | $91.2M | ||
| Q2 25 | $27.5B | $132.9M | ||
| Q1 25 | $26.9B | $36.8M | ||
| Q4 24 | $25.2B | — | ||
| Q3 24 | $26.4B | — | ||
| Q2 24 | $24.6B | $76.8M | ||
| Q1 24 | $24.7B | $63.5M |
总债务METRBC
| Q4 25 | — | $990.2M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $915.6M | ||
| Q1 25 | — | $920.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.2B |
股东权益METRBC
| Q4 25 | $28.4B | $3.3B | ||
| Q3 25 | $28.9B | $3.2B | ||
| Q2 25 | $27.7B | $3.1B | ||
| Q1 25 | $27.5B | $3.0B | ||
| Q4 24 | $27.4B | $2.9B | ||
| Q3 24 | $30.9B | $2.9B | ||
| Q2 24 | $27.3B | $2.8B | ||
| Q1 24 | $28.5B | $2.8B |
总资产METRBC
| Q4 25 | $745.2B | $5.1B | ||
| Q3 25 | $719.7B | $5.1B | ||
| Q2 25 | $702.5B | $4.8B | ||
| Q1 25 | $688.3B | $4.7B | ||
| Q4 24 | $677.5B | $4.7B | ||
| Q3 24 | $705.0B | $4.7B | ||
| Q2 24 | $675.7B | $4.7B | ||
| Q1 24 | $677.6B | $4.7B |
负债/权益比METRBC
| Q4 25 | — | 0.30× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.43× |
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 | $122.1M |
| 自由现金流经营现金流 - 资本支出 | — | $99.1M |
| 自由现金流率自由现金流/营收 | — | 21.5% |
| 资本支出强度资本支出/营收 | — | 5.0% |
| 现金转化率经营现金流/净利润 | 8.75× | 1.81× |
| 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METRBC
| Q4 25 | $7.1B | $122.1M | ||
| Q3 25 | $3.6B | $88.4M | ||
| Q2 25 | $2.2B | $120.0M | ||
| Q1 25 | $4.3B | — | ||
| Q4 24 | $4.6B | $84.0M | ||
| Q3 24 | $4.2B | — | ||
| Q2 24 | $3.5B | $97.4M | ||
| Q1 24 | $2.3B | — |
自由现金流METRBC
| Q4 25 | — | $99.1M | ||
| Q3 25 | — | $71.7M | ||
| Q2 25 | — | $104.3M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $73.6M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $88.4M | ||
| Q1 24 | — | — |
自由现金流率METRBC
| Q4 25 | — | 21.5% | ||
| Q3 25 | — | 15.7% | ||
| Q2 25 | — | 23.9% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 18.7% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 21.8% | ||
| Q1 24 | — | — |
资本支出强度METRBC
| Q4 25 | — | 5.0% | ||
| Q3 25 | — | 3.7% | ||
| Q2 25 | — | 3.6% | ||
| Q1 25 | — | 3.2% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | — | 4.1% | ||
| Q2 24 | — | 2.2% | ||
| Q1 24 | — | — |
现金转化率METRBC
| Q4 25 | 8.75× | 1.81× | ||
| Q3 25 | 3.98× | 1.47× | ||
| Q2 25 | 3.00× | 1.75× | ||
| Q1 25 | 4.51× | — | ||
| Q4 24 | 3.63× | 1.45× | ||
| Q3 24 | 3.11× | — | ||
| Q2 24 | 3.69× | 1.59× | ||
| Q1 24 | 2.69× | — |
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% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
