vs
思佳讯（SWKS）与WHITE MOUNTAINS INSURANCE GROUP LTD（WTM）财务数据对比。点击上方公司名可切换其他公司
WHITE MOUNTAINS INSURANCE GROUP LTD的季度营收约是思佳讯的1.5倍（$1.6B vs $1.0B），WHITE MOUNTAINS INSURANCE GROUP LTD净利率更高（52.1% vs 7.6%，领先44.5%），WHITE MOUNTAINS INSURANCE GROUP LTD同比增速更快（348.0% vs 8.6%），过去两年WHITE MOUNTAINS INSURANCE GROUP LTD的营收复合增速更高（57.4% vs -0.5%）
思佳讯是总部位于美国加利福尼亚州尔湾的半导体企业，公司股票在纳斯达克全球精选市场挂牌交易，股票代码为SWKS，同时也是标普500指数的成分股之一，在全球射频半导体领域拥有较高市场地位。
怀特山保险集团是一家多元化保险及相关金融服务控股企业，总部位于百慕大汉密尔顿，1999年10月25日从美国特拉华州迁册至当前注册地，大部分业务通过旗下保险子公司及其他关联机构开展，覆盖多个保险及金融服务细分赛道。
SWKS vs WTM — 直观对比
营收规模更大
WTM
是对方的1.5倍
$1.0B
营收增速更快
WTM
高出339.4%
8.6%
净利率更高
WTM
高出44.5%
7.6%
两年增速更快
WTM
近两年复合增速
-0.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.6B |
| 净利润 | $79.2M | $835.8M |
| 毛利率 | 41.3% | 97.1% |
| 营业利润率 | 10.0% | 56.2% |
| 净利率 | 7.6% | 52.1% |
| 营收同比 | 8.6% | 348.0% |
| 净利润同比 | 15.3% | 741.0% |
| 每股收益（稀释后） | $0.53 | $325.02 |
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SWKSWTM
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.1B | $1.6B | ||
| Q3 25 | — | $864.2M | ||
| Q2 25 | $965.0M | $689.2M | ||
| Q1 25 | $953.2M | $577.8M | ||
| Q4 24 | $1.1B | $358.0M | ||
| Q3 24 | $1.0B | $839.1M | ||
| Q2 24 | $905.5M | $395.4M |
净利润SWKSWTM
| Q1 26 | $79.2M | — | ||
| Q4 25 | $141.4M | $835.8M | ||
| Q3 25 | — | $113.8M | ||
| Q2 25 | $105.0M | $122.9M | ||
| Q1 25 | $68.7M | $33.9M | ||
| Q4 24 | $162.0M | $-130.4M | ||
| Q3 24 | $60.5M | $179.0M | ||
| Q2 24 | $120.9M | $-54.6M |
毛利率SWKSWTM
| Q1 26 | 41.3% | — | ||
| Q4 25 | 40.7% | 97.1% | ||
| Q3 25 | — | 93.6% | ||
| Q2 25 | 41.6% | 93.8% | ||
| Q1 25 | 41.1% | 98.7% | ||
| Q4 24 | 41.4% | 97.9% | ||
| Q3 24 | 41.9% | 99.1% | ||
| Q2 24 | 40.2% | 98.2% |
营业利润率SWKSWTM
| Q1 26 | 10.0% | — | ||
| Q4 25 | 10.1% | 56.2% | ||
| Q3 25 | — | 20.7% | ||
| Q2 25 | 11.5% | 25.6% | ||
| Q1 25 | 10.2% | 12.5% | ||
| Q4 24 | 16.9% | -33.7% | ||
| Q3 24 | 5.8% | 28.5% | ||
| Q2 24 | 14.4% | -8.8% |
净利率SWKSWTM
| Q1 26 | 7.6% | — | ||
| Q4 25 | 12.9% | 52.1% | ||
| Q3 25 | — | 13.2% | ||
| Q2 25 | 10.9% | 17.8% | ||
| Q1 25 | 7.2% | 5.9% | ||
| Q4 24 | 15.2% | -36.4% | ||
| Q3 24 | 5.9% | 21.3% | ||
| Q2 24 | 13.4% | -13.8% |
每股收益（稀释后）SWKSWTM
| Q1 26 | $0.53 | — | ||
| Q4 25 | $0.95 | $325.02 | ||
| Q3 25 | — | $44.18 | ||
| Q2 25 | $0.70 | $47.75 | ||
| Q1 25 | $0.43 | $13.19 | ||
| Q4 24 | $1.00 | $-50.98 | ||
| Q3 24 | $0.36 | $69.68 | ||
| Q2 24 | $0.75 | $-21.24 |
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 | $1.6B | — |
| 总债务越低越好 | $496.6M | $837.0M |
| 股东权益账面价值 | $5.8B | $5.4B |
| 总资产 | $7.9B | $12.3B |
| 负债/权益比越低杠杆越低 | 0.09× | 0.15× |
8季度趋势，按日历期对齐
现金及短期投资SWKSWTM
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.4B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $1.3B | — |
总债务SWKSWTM
| Q1 26 | $496.6M | — | ||
| Q4 25 | $496.4M | $837.0M | ||
| Q3 25 | — | $870.4M | ||
| Q2 25 | $496.2M | $694.6M | ||
| Q1 25 | $995.1M | $676.1M | ||
| Q4 24 | $994.7M | $562.5M | ||
| Q3 24 | $994.3M | $544.9M | ||
| Q2 24 | $994.0M | $530.2M |
股东权益SWKSWTM
| Q1 26 | $5.8B | — | ||
| Q4 25 | $5.8B | $5.4B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | $5.7B | $4.6B | ||
| Q1 25 | $5.9B | $4.5B | ||
| Q4 24 | $6.4B | $4.5B | ||
| Q3 24 | $6.3B | $4.6B | ||
| Q2 24 | $6.3B | $4.4B |
总资产SWKSWTM
| Q1 26 | $7.9B | — | ||
| Q4 25 | $7.9B | $12.3B | ||
| Q3 25 | — | $12.3B | ||
| Q2 25 | $7.7B | $11.8B | ||
| Q1 25 | $7.9B | $11.0B | ||
| Q4 24 | $8.3B | $9.9B | ||
| Q3 24 | $8.3B | $10.3B | ||
| Q2 24 | $8.2B | $10.2B |
负债/权益比SWKSWTM
| Q1 26 | 0.09× | — | ||
| Q4 25 | 0.09× | 0.15× | ||
| Q3 25 | — | 0.18× | ||
| Q2 25 | 0.09× | 0.15× | ||
| Q1 25 | 0.17× | 0.15× | ||
| Q4 24 | 0.16× | 0.13× | ||
| Q3 24 | 0.16× | 0.12× | ||
| Q2 24 | 0.16× | 0.12× |
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 | $395.5M | $53.9M |
| 自由现金流经营现金流 - 资本支出 | $339.0M | — |
| 自由现金流率自由现金流/营收 | 32.7% | — |
| 资本支出强度资本支出/营收 | 5.5% | — |
| 现金转化率经营现金流/净利润 | 4.99× | 0.06× |
| 过去12个月自由现金流最近4个季度 | $1.1B | — |
8季度趋势，按日历期对齐
经营现金流SWKSWTM
| Q1 26 | $395.5M | — | ||
| Q4 25 | $200.0M | $53.9M | ||
| Q3 25 | — | $359.3M | ||
| Q2 25 | $314.2M | $177.5M | ||
| Q1 25 | $409.4M | $-40.2M | ||
| Q4 24 | $377.2M | $64.1M | ||
| Q3 24 | $476.1M | $269.4M | ||
| Q2 24 | $273.4M | $216.8M |
自由现金流SWKSWTM
| Q1 26 | $339.0M | — | ||
| Q4 25 | $144.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $252.7M | — | ||
| Q1 25 | $370.9M | — | ||
| Q4 24 | $338.2M | — | ||
| Q3 24 | $393.3M | — | ||
| Q2 24 | $249.0M | — |
自由现金流率SWKSWTM
| Q1 26 | 32.7% | — | ||
| Q4 25 | 13.1% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 26.2% | — | ||
| Q1 25 | 38.9% | — | ||
| Q4 24 | 31.7% | — | ||
| Q3 24 | 38.4% | — | ||
| Q2 24 | 27.5% | — |
资本支出强度SWKSWTM
| Q1 26 | 5.5% | — | ||
| Q4 25 | 5.1% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 6.4% | — | ||
| Q1 25 | 4.0% | — | ||
| Q4 24 | 3.6% | — | ||
| Q3 24 | 8.1% | — | ||
| Q2 24 | 2.7% | — |
现金转化率SWKSWTM
| Q1 26 | 4.99× | — | ||
| Q4 25 | 1.41× | 0.06× | ||
| Q3 25 | — | 3.16× | ||
| Q2 25 | 2.99× | 1.44× | ||
| Q1 25 | 5.96× | -1.19× | ||
| Q4 24 | 2.33× | — | ||
| Q3 24 | 7.87× | 1.51× | ||
| Q2 24 | 2.26× | — |
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
SWKS
| Sales Channel Through Intermediary | $915.6M | 88% |
| Sales Channel Directly To Consumer | $119.8M | 12% |
WTM
暂无分部数据
