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Skyward Specialty Insurance Group, Inc.（SKWD）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
Skyward Specialty Insurance Group, Inc.的季度营收约是世纪互联的1.1倍（$385.6M vs $362.7M），Skyward Specialty Insurance Group, Inc.净利率更高（11.2% vs -10.7%，领先21.9%），Skyward Specialty Insurance Group, Inc.自由现金流更多（$402.6M vs $-193.1M），过去两年Skyward Specialty Insurance Group, Inc.的营收复合增速更高（20.6% vs 17.4%）
Skyward Specialty Insurance Group是一家专业财产和意外伤害保险提供商，推出商业车险、一般责任险、职业赔偿险、特种财产险等定制化保障方案，主要服务美国各地的中小企业及细分行业客户，专注承保服务不足群体的复杂高难度风险。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
SKWD vs VNET — 直观对比
营收规模更大
SKWD
是对方的1.1倍
$362.7M
净利率更高
SKWD
高出21.9%
-10.7%
自由现金流更多
SKWD
多$595.7M
$-193.1M
两年增速更快
SKWD
近两年复合增速
17.4%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $385.6M | $362.7M |
| 净利润 | $43.2M | $-38.7M |
| 毛利率 | — | 20.9% |
| 营业利润率 | 14.2% | 0.5% |
| 净利率 | 11.2% | -10.7% |
| 营收同比 | 26.7% | — |
| 净利润同比 | 200.1% | — |
| 每股收益（稀释后） | $1.03 | — |
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SKWDVNET
| Q4 25 | $385.6M | — | ||
| Q3 25 | $382.5M | $362.7M | ||
| Q2 25 | $319.9M | — | ||
| Q1 25 | $328.5M | $309.5M | ||
| Q4 24 | $304.4M | — | ||
| Q3 24 | $300.9M | $302.2M | ||
| Q2 24 | $279.9M | $274.4M | ||
| Q1 24 | $265.0M | $262.9M |
净利润SKWDVNET
| Q4 25 | $43.2M | — | ||
| Q3 25 | $45.9M | $-38.7M | ||
| Q2 25 | $38.8M | — | ||
| Q1 25 | $42.1M | $-2.4M | ||
| Q4 24 | $14.4M | — | ||
| Q3 24 | $36.7M | $-2.1M | ||
| Q2 24 | $31.0M | $-1.1M | ||
| Q1 24 | $36.8M | $-22.0M |
毛利率SKWDVNET
| Q4 25 | — | — | ||
| Q3 25 | — | 20.9% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 25.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 23.2% | ||
| Q2 24 | — | 21.3% | ||
| Q1 24 | — | 21.6% |
营业利润率SKWDVNET
| Q4 25 | 14.2% | — | ||
| Q3 25 | 15.8% | 0.5% | ||
| Q2 25 | 15.6% | — | ||
| Q1 25 | 15.7% | 0.1% | ||
| Q4 24 | 6.1% | — | ||
| Q3 24 | 15.6% | 24.5% | ||
| Q2 24 | 14.4% | 0.2% | ||
| Q1 24 | 17.7% | 0.2% |
净利率SKWDVNET
| Q4 25 | 11.2% | — | ||
| Q3 25 | 12.0% | -10.7% | ||
| Q2 25 | 12.1% | — | ||
| Q1 25 | 12.8% | -0.8% | ||
| Q4 24 | 4.7% | — | ||
| Q3 24 | 12.2% | -0.7% | ||
| Q2 24 | 11.1% | -0.4% | ||
| Q1 24 | 13.9% | -8.4% |
每股收益（稀释后）SKWDVNET
| Q4 25 | $1.03 | — | ||
| Q3 25 | $1.10 | — | ||
| Q2 25 | $0.93 | — | ||
| Q1 25 | $1.01 | — | ||
| Q4 24 | $0.33 | — | ||
| Q3 24 | $0.89 | — | ||
| Q2 24 | $0.75 | — | ||
| Q1 24 | $0.90 | — |
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 | $168.5M | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.0B | $890.8M |
| 总资产 | $4.8B | $6.1B |
| 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SKWDVNET
| Q4 25 | $168.5M | — | ||
| Q3 25 | $160.1M | $492.1M | ||
| Q2 25 | $136.6M | — | ||
| Q1 25 | $112.9M | $544.3M | ||
| Q4 24 | $121.6M | — | ||
| Q3 24 | $105.6M | $219.5M | ||
| Q2 24 | $73.0M | $247.2M | ||
| Q1 24 | $85.1M | $246.9M |
总债务SKWDVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益SKWDVNET
| Q4 25 | $1.0B | — | ||
| Q3 25 | $961.4M | $890.8M | ||
| Q2 25 | $899.9M | — | ||
| Q1 25 | $850.7M | $927.8M | ||
| Q4 24 | $794.0M | — | ||
| Q3 24 | $797.5M | $902.9M | ||
| Q2 24 | $723.6M | $900.6M | ||
| Q1 24 | $692.3M | $895.1M |
总资产SKWDVNET
| Q4 25 | $4.8B | — | ||
| Q3 25 | $4.6B | $6.1B | ||
| Q2 25 | $4.3B | — | ||
| Q1 25 | $4.0B | $5.4B | ||
| Q4 24 | $3.7B | — | ||
| Q3 24 | $3.6B | $4.3B | ||
| Q2 24 | $3.4B | $4.0B | ||
| Q1 24 | $3.2B | $3.9B |
负债/权益比SKWDVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $408.1M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $402.6M | $-193.1M |
| 自由现金流率自由现金流/营收 | 104.4% | -53.2% |
| 资本支出强度资本支出/营收 | 1.4% | 84.6% |
| 现金转化率经营现金流/净利润 | 9.44× | — |
| 过去12个月自由现金流最近4个季度 | $755.2M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流SKWDVNET
| Q4 25 | $408.1M | — | ||
| Q3 25 | $171.4M | $113.8M | ||
| Q2 25 | $88.2M | — | ||
| Q1 25 | $96.8M | $27.0M | ||
| Q4 24 | $305.1M | — | ||
| Q3 24 | $168.0M | $108.3M | ||
| Q2 24 | $21.0M | $55.8M | ||
| Q1 24 | $94.3M | $37.1M |
自由现金流SKWDVNET
| Q4 25 | $402.6M | — | ||
| Q3 25 | $168.9M | $-193.1M | ||
| Q2 25 | $87.1M | — | ||
| Q1 25 | $96.6M | $-220.0M | ||
| Q4 24 | $300.9M | — | ||
| Q3 24 | $167.6M | $-95.0M | ||
| Q2 24 | $18.4M | $-81.6M | ||
| Q1 24 | $94.0M | $-102.2M |
自由现金流率SKWDVNET
| Q4 25 | 104.4% | — | ||
| Q3 25 | 44.2% | -53.2% | ||
| Q2 25 | 27.2% | — | ||
| Q1 25 | 29.4% | -71.1% | ||
| Q4 24 | 98.8% | — | ||
| Q3 24 | 55.7% | -31.4% | ||
| Q2 24 | 6.6% | -29.8% | ||
| Q1 24 | 35.5% | -38.9% |
资本支出强度SKWDVNET
| Q4 25 | 1.4% | — | ||
| Q3 25 | 0.6% | 84.6% | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.1% | 79.8% | ||
| Q4 24 | 1.4% | — | ||
| Q3 24 | 0.1% | 67.3% | ||
| Q2 24 | 0.9% | 50.1% | ||
| Q1 24 | 0.1% | 53.0% |
现金转化率SKWDVNET
| Q4 25 | 9.44× | — | ||
| Q3 25 | 3.73× | — | ||
| Q2 25 | 2.27× | — | ||
| Q1 25 | 2.30× | — | ||
| Q4 24 | 21.18× | — | ||
| Q3 24 | 4.58× | — | ||
| Q2 24 | 0.68× | — | ||
| Q1 24 | 2.56× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
