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摩根士丹利（MS）与保德信金融（PRU）财务数据对比。点击上方公司名可切换其他公司
保德信金融的季度营收约是摩根士丹利的1.5倍（$15.7B vs $10.7B），摩根士丹利净利率更高（52.6% vs 5.8%，领先46.8%），保德信金融同比增速更快（25.3% vs 16.0%），过去两年摩根士丹利的营收复合增速更高（-15.8% vs -18.3%）
摩根士丹利是总部位于美国纽约曼哈顿中城百老汇1585号的跨国投资银行及金融服务提供商，在全球42个国家设有办事处，员工超8万名，服务客户涵盖企业、政府、机构及个人。2023年该公司位列美国财富500强第61位，同年位居福布斯全球2000强第30位。
保德信金融是美国头部金融服务企业，旗下子公司面向美国及全球40余个国家的零售与机构客户，提供保险、退休规划、投资管理等多元产品与服务。2019年其为美国规模最大的保险提供商，总资产达8151亿美元，同时入选财富世界500强及美国财富500强榜单。
MS vs PRU — 直观对比
营收规模更大
PRU
是对方的1.5倍
$10.7B
营收增速更快
PRU
高出9.3%
16.0%
净利率更高
MS
高出46.8%
5.8%
两年增速更快
MS
近两年复合增速
-18.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $10.7B | $15.7B |
| 净利润 | $5.6B | $905.0M |
| 毛利率 | — | — |
| 营业利润率 | — | 7.7% |
| 净利率 | 52.6% | 5.8% |
| 营收同比 | 16.0% | 25.3% |
| 净利润同比 | — | 1687.7% |
| 每股收益（稀释后） | — | $2.54 |
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MSPRU
| Q1 26 | $10.7B | — | ||
| Q4 25 | $17.9B | $15.7B | ||
| Q3 25 | $18.2B | $17.9B | ||
| Q2 25 | $16.8B | $13.7B | ||
| Q1 25 | $17.7B | $13.5B | ||
| Q4 24 | — | $12.5B | ||
| Q3 24 | $15.4B | $19.5B | ||
| Q2 24 | $15.0B | $14.9B |
净利润MSPRU
| Q1 26 | $5.6B | — | ||
| Q4 25 | $4.4B | $905.0M | ||
| Q3 25 | $4.6B | $1.4B | ||
| Q2 25 | $3.5B | $533.0M | ||
| Q1 25 | $4.3B | $707.0M | ||
| Q4 24 | — | $-57.0M | ||
| Q3 24 | $3.2B | $448.0M | ||
| Q2 24 | $3.1B | $1.2B |
营业利润率MSPRU
| Q1 26 | — | — | ||
| Q4 25 | 32.2% | 7.7% | ||
| Q3 25 | 33.1% | 10.0% | ||
| Q2 25 | 27.5% | 5.4% | ||
| Q1 25 | 31.3% | 6.8% | ||
| Q4 24 | — | -1.2% | ||
| Q3 24 | 27.4% | 2.8% | ||
| Q2 24 | 27.1% | 9.5% |
净利率MSPRU
| Q1 26 | 52.6% | — | ||
| Q4 25 | 24.6% | 5.8% | ||
| Q3 25 | 25.3% | 8.0% | ||
| Q2 25 | 21.1% | 3.9% | ||
| Q1 25 | 24.3% | 5.2% | ||
| Q4 24 | — | -0.5% | ||
| Q3 24 | 20.7% | 2.3% | ||
| Q2 24 | 20.5% | 8.0% |
每股收益（稀释后）MSPRU
| Q1 26 | — | — | ||
| Q4 25 | $2.68 | $2.54 | ||
| Q3 25 | $2.80 | $4.01 | ||
| Q2 25 | $2.13 | $1.48 | ||
| Q1 25 | $2.60 | $1.96 | ||
| Q4 24 | — | $-0.14 | ||
| Q3 24 | $1.88 | $1.24 | ||
| Q2 24 | $1.82 | $3.28 |
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 | — | $19.7B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.1M | $32.4B |
| 总资产 | $1581.4B | $773.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资MSPRU
| Q1 26 | — | — | ||
| Q4 25 | $111.7B | $19.7B | ||
| Q3 25 | $103.7B | $17.5B | ||
| Q2 25 | $109.1B | $16.6B | ||
| Q1 25 | $90.7B | $16.1B | ||
| Q4 24 | — | $18.5B | ||
| Q3 24 | $91.1B | $20.2B | ||
| Q2 24 | $90.2B | $17.1B |
总债务MSPRU
| Q1 26 | — | — | ||
| Q4 25 | $341.7B | — | ||
| Q3 25 | $324.1B | — | ||
| Q2 25 | $320.1B | — | ||
| Q1 25 | $297.0B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $291.2B | — | ||
| Q2 24 | $269.9B | — |
股东权益MSPRU
| Q1 26 | $5.1M | — | ||
| Q4 25 | $111.6B | $32.4B | ||
| Q3 25 | $110.0B | $32.1B | ||
| Q2 25 | $108.2B | $30.6B | ||
| Q1 25 | $106.8B | $29.9B | ||
| Q4 24 | — | $27.9B | ||
| Q3 24 | $103.6B | $30.4B | ||
| Q2 24 | $100.7B | $28.0B |
总资产MSPRU
| Q1 26 | $1581.4B | — | ||
| Q4 25 | $1420.3B | $773.7B | ||
| Q3 25 | $1364.8B | $776.3B | ||
| Q2 25 | $1353.9B | $759.0B | ||
| Q1 25 | $1300.3B | $739.3B | ||
| Q4 24 | — | $735.6B | ||
| Q3 24 | $1258.0B | $760.3B | ||
| Q2 24 | $1212.4B | $715.2B |
负债/权益比MSPRU
| Q1 26 | — | — | ||
| Q4 25 | 3.06× | — | ||
| Q3 25 | 2.95× | — | ||
| Q2 25 | 2.96× | — | ||
| Q1 25 | 2.78× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.81× | — | ||
| Q2 24 | 2.68× | — |
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 | — | $3.3B |
| 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 | — | 3.67× |
| 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MSPRU
| Q1 26 | — | — | ||
| Q4 25 | $-2.4B | $3.3B | ||
| Q3 25 | $-3.3B | $4.3B | ||
| Q2 25 | $11.8B | $1.2B | ||
| Q1 25 | $-24.0B | $-2.5B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $-146.0M |
现金转化率MSPRU
| Q1 26 | — | — | ||
| Q4 25 | -0.55× | 3.67× | ||
| Q3 25 | -0.72× | 3.00× | ||
| Q2 25 | 3.34× | 2.18× | ||
| Q1 25 | -5.56× | -3.54× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.47× | ||
| Q2 24 | — | -0.12× |
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
MS
暂无分部数据
PRU
| Other | $8.5B | 54% |
| International Insurance Division | $4.4B | 28% |
| US Businesses Division | $1.6B | 10% |
| PGIM Division | $1.1B | 7% |
| Trading | $51.0M | 0% |
