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SiriusPoint Ltd（SPNT）与TXNM ENERGY INC（TXNM）财务数据对比。点击上方公司名可切换其他公司
SiriusPoint Ltd的季度营收约是TXNM ENERGY INC的1.9倍（$973.7M vs $506.4M），SiriusPoint Ltd净利率更高（25.1% vs -1.0%，领先26.1%），SiriusPoint Ltd同比增速更快（58.9% vs 5.3%），过去两年SiriusPoint Ltd的营收复合增速更高（19.2% vs 8.4%）
SiriusPoint Ltd是一家总部位于百慕大彭布罗克的全球特种保险及再保险服务商，提供财产险、意外险、特种险种保障及另类资本解决方案，服务覆盖北美、欧洲、亚太等市场的商业客户与风险承担方，注重严谨核保与稳定的风险调整收益。
TXNM能源是总部位于美国新墨西哥州阿尔伯克基的能源控股企业，创立于1917年，前身为阿尔伯克基燃气电力公司，旗下拥有PNM、得克萨斯-新墨西哥电力公司（TNMP）两大运营主体，核心业务覆盖能源供应及相关公用事业服务领域。
SPNT vs TXNM — 直观对比
营收规模更大
SPNT
是对方的1.9倍
$506.4M
营收增速更快
SPNT
高出53.6%
5.3%
净利率更高
SPNT
高出26.1%
-1.0%
两年增速更快
SPNT
近两年复合增速
8.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $973.7M | $506.4M |
| 净利润 | $244.1M | $-5.3M |
| 毛利率 | — | — |
| 营业利润率 | 28.8% | 18.5% |
| 净利率 | 25.1% | -1.0% |
| 营收同比 | 58.9% | 5.3% |
| 净利润同比 | 1535.9% | -126.4% |
| 每股收益（稀释后） | $1.92 | $-0.06 |
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SPNTTXNM
| Q4 25 | $973.7M | $506.4M | ||
| Q3 25 | $755.9M | $656.3M | ||
| Q2 25 | $748.2M | $493.8M | ||
| Q1 25 | $727.3M | $480.4M | ||
| Q4 24 | $612.8M | $481.0M | ||
| Q3 24 | $562.2M | $574.3M | ||
| Q2 24 | $743.3M | $473.2M | ||
| Q1 24 | $685.5M | $431.1M |
净利润SPNTTXNM
| Q4 25 | $244.1M | $-5.3M | ||
| Q3 25 | $90.8M | $136.3M | ||
| Q2 25 | $63.2M | $26.0M | ||
| Q1 25 | $61.6M | $12.8M | ||
| Q4 24 | $-17.0M | $20.0M | ||
| Q3 24 | $8.5M | $136.4M | ||
| Q2 24 | $113.9M | $52.0M | ||
| Q1 24 | $94.8M | $50.4M |
毛利率SPNTTXNM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 51.8% | ||
| Q2 24 | — | 41.9% | ||
| Q1 24 | — | 40.8% |
营业利润率SPNTTXNM
| Q4 25 | 28.8% | 18.5% | ||
| Q3 25 | 14.7% | 30.9% | ||
| Q2 25 | 10.0% | 14.7% | ||
| Q1 25 | 10.4% | 15.0% | ||
| Q4 24 | -2.1% | 15.8% | ||
| Q3 24 | 2.0% | 33.3% | ||
| Q2 24 | 17.4% | 22.3% | ||
| Q1 24 | 15.4% | 18.7% |
净利率SPNTTXNM
| Q4 25 | 25.1% | -1.0% | ||
| Q3 25 | 12.0% | 20.8% | ||
| Q2 25 | 8.4% | 5.3% | ||
| Q1 25 | 8.5% | 2.7% | ||
| Q4 24 | -2.8% | 4.2% | ||
| Q3 24 | 1.5% | 23.7% | ||
| Q2 24 | 15.3% | 11.0% | ||
| Q1 24 | 13.8% | 11.7% |
每股收益（稀释后）SPNTTXNM
| Q4 25 | $1.92 | $-0.06 | ||
| Q3 25 | $0.73 | $1.22 | ||
| Q2 25 | $0.50 | $0.22 | ||
| Q1 25 | $0.49 | $0.10 | ||
| Q4 24 | $-0.05 | $0.17 | ||
| Q3 24 | $0.03 | $1.45 | ||
| Q2 24 | $0.57 | $0.53 | ||
| Q1 24 | $0.49 | $0.52 |
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 | $731.2M | $18.3M |
| 总债务越低越好 | $688.6M | — |
| 股东权益账面价值 | $2.5B | $3.4B |
| 总资产 | $12.6B | $12.1B |
| 负债/权益比越低杠杆越低 | 0.28× | — |
8季度趋势，按日历期对齐
现金及短期投资SPNTTXNM
| Q4 25 | $731.2M | $18.3M | ||
| Q3 25 | $582.4M | $32.1M | ||
| Q2 25 | $732.4M | $22.2M | ||
| Q1 25 | $740.3M | $6.1M | ||
| Q4 24 | $682.0M | $4.5M | ||
| Q3 24 | $640.7M | $7.2M | ||
| Q2 24 | $598.1M | $3.2M | ||
| Q1 24 | $867.5M | $3.0M |
总债务SPNTTXNM
| Q4 25 | $688.6M | — | ||
| Q3 25 | $682.5M | — | ||
| Q2 25 | $678.4M | — | ||
| Q1 25 | $663.5M | — | ||
| Q4 24 | $639.1M | — | ||
| Q3 24 | $660.5M | — | ||
| Q2 24 | $648.6M | — | ||
| Q1 24 | $770.6M | — |
股东权益SPNTTXNM
| Q4 25 | $2.5B | $3.4B | ||
| Q3 25 | $2.2B | $3.4B | ||
| Q2 25 | $2.1B | $3.2B | ||
| Q1 25 | $2.0B | $2.5B | ||
| Q4 24 | $1.9B | $2.5B | ||
| Q3 24 | $2.7B | $2.5B | ||
| Q2 24 | $2.7B | $2.4B | ||
| Q1 24 | $2.6B | $2.4B |
总资产SPNTTXNM
| Q4 25 | $12.6B | $12.1B | ||
| Q3 25 | $12.5B | $12.0B | ||
| Q2 25 | $12.4B | $11.7B | ||
| Q1 25 | $12.3B | $11.4B | ||
| Q4 24 | $12.5B | $11.2B | ||
| Q3 24 | $12.7B | $10.8B | ||
| Q2 24 | $12.8B | $10.6B | ||
| Q1 24 | $13.1B | $10.3B |
负债/权益比SPNTTXNM
| Q4 25 | 0.28× | — | ||
| Q3 25 | 0.31× | — | ||
| Q2 25 | 0.32× | — | ||
| Q1 25 | 0.33× | — | ||
| Q4 24 | 0.33× | — | ||
| Q3 24 | 0.25× | — | ||
| Q2 24 | 0.24× | — | ||
| Q1 24 | 0.30× | — |
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 | $-26.4M | $157.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-152.1M |
| 自由现金流率自由现金流/营收 | — | -30.0% |
| 资本支出强度资本支出/营收 | — | 61.2% |
| 现金转化率经营现金流/净利润 | -0.11× | — |
| 过去12个月自由现金流最近4个季度 | — | $-611.4M |
8季度趋势，按日历期对齐
经营现金流SPNTTXNM
| Q4 25 | $-26.4M | $157.7M | ||
| Q3 25 | $155.6M | $282.0M | ||
| Q2 25 | $62.1M | $3.5M | ||
| Q1 25 | $-88.9M | $141.3M | ||
| Q4 24 | $107.7M | $158.6M | ||
| Q3 24 | $58.1M | $180.0M | ||
| Q2 24 | $-149.9M | $76.7M | ||
| Q1 24 | $58.8M | $92.8M |
自由现金流SPNTTXNM
| Q4 25 | — | $-152.1M | ||
| Q3 25 | — | $4.7M | ||
| Q2 25 | — | $-262.6M | ||
| Q1 25 | — | $-201.4M | ||
| Q4 24 | — | $-182.9M | ||
| Q3 24 | — | $-143.7M | ||
| Q2 24 | — | $-216.0M | ||
| Q1 24 | — | $-196.3M |
自由现金流率SPNTTXNM
| Q4 25 | — | -30.0% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | -53.2% | ||
| Q1 25 | — | -41.9% | ||
| Q4 24 | — | -38.0% | ||
| Q3 24 | — | -25.0% | ||
| Q2 24 | — | -45.6% | ||
| Q1 24 | — | -45.5% |
资本支出强度SPNTTXNM
| Q4 25 | — | 61.2% | ||
| Q3 25 | — | 42.3% | ||
| Q2 25 | — | 53.9% | ||
| Q1 25 | — | 71.3% | ||
| Q4 24 | — | 71.0% | ||
| Q3 24 | — | 56.4% | ||
| Q2 24 | — | 61.9% | ||
| Q1 24 | — | 67.1% |
现金转化率SPNTTXNM
| Q4 25 | -0.11× | — | ||
| Q3 25 | 1.71× | 2.07× | ||
| Q2 25 | 0.98× | 0.14× | ||
| Q1 25 | -1.44× | 11.04× | ||
| Q4 24 | — | 7.93× | ||
| Q3 24 | 6.84× | 1.32× | ||
| Q2 24 | -1.32× | 1.48× | ||
| Q1 24 | 0.62× | 1.84× |
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
SPNT
暂无分部数据
TXNM
| Electricity | $348.8M | 69% |
| Other | $89.3M | 18% |
| Electric Transmission Service | $40.4M | 8% |
| Wholesale Energy Sales | $26.2M | 5% |
| Miscellaneous Revenue From Contracts With Customers | $1.7M | 0% |
