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泰佩思琦（TPR）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
泰佩思琦的季度营收约是WHITE MOUNTAINS INSURANCE GROUP LTD的1.6倍（$2.5B vs $1.6B），WHITE MOUNTAINS INSURANCE GROUP LTD净利率更高（52.1% vs 22.4%，领先29.7%），WHITE MOUNTAINS INSURANCE GROUP LTD同比增速更快（348.0% vs 14.0%），过去两年WHITE MOUNTAINS INSURANCE GROUP LTD的营收复合增速更高（57.4% vs 29.9%）
Tapestry, Inc.是美国知名跨国奢侈品时尚控股企业，旗下拥有Coach、Kate Spade New York、Stuart Weitzman三大标志性生活方式品牌，主营高端手袋、服饰、鞋履、配饰及香水产品，销售渠道覆盖全球线下门店与线上电商平台。
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。
TPR vs WTM — 直观对比
营收规模更大
TPR
是对方的1.6倍
$1.6B
营收增速更快
WTM
高出334.0%
14.0%
净利率更高
WTM
高出29.7%
22.4%
两年增速更快
WTM
近两年复合增速
29.9%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.5B | $1.6B |
| 净利润 | $561.3M | $835.8M |
| 毛利率 | 75.5% | 97.1% |
| 营业利润率 | 28.6% | 56.2% |
| 净利率 | 22.4% | 52.1% |
| 营收同比 | 14.0% | 348.0% |
| 净利润同比 | 80.8% | 741.0% |
| 每股收益（稀释后） | $2.68 | $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TPRWTM
| Q4 25 | $2.5B | $1.6B | ||
| Q3 25 | $1.7B | $864.2M | ||
| Q2 25 | $1.7B | $689.2M | ||
| Q1 25 | $1.6B | $577.8M | ||
| Q4 24 | $2.2B | $358.0M | ||
| Q3 24 | $1.5B | $839.1M | ||
| Q2 24 | $1.6B | $395.4M | ||
| Q1 24 | $1.5B | $647.3M |
净利润TPRWTM
| Q4 25 | $561.3M | $835.8M | ||
| Q3 25 | $274.8M | $113.8M | ||
| Q2 25 | $-517.1M | $122.9M | ||
| Q1 25 | $203.3M | $33.9M | ||
| Q4 24 | $310.4M | $-130.4M | ||
| Q3 24 | $186.6M | $179.0M | ||
| Q2 24 | $159.3M | $-54.6M | ||
| Q1 24 | $139.4M | $236.4M |
毛利率TPRWTM
| Q4 25 | 75.5% | 97.1% | ||
| Q3 25 | 76.3% | 93.6% | ||
| Q2 25 | 76.3% | 93.8% | ||
| Q1 25 | 76.1% | 98.7% | ||
| Q4 24 | 74.4% | 97.9% | ||
| Q3 24 | 75.3% | 99.1% | ||
| Q2 24 | 74.9% | 98.2% | ||
| Q1 24 | 74.7% | 98.8% |
营业利润率TPRWTM
| Q4 25 | 28.6% | 56.2% | ||
| Q3 25 | 19.3% | 20.7% | ||
| Q2 25 | -33.9% | 25.6% | ||
| Q1 25 | 16.0% | 12.5% | ||
| Q4 24 | 22.4% | -33.7% | ||
| Q3 24 | 16.7% | 28.5% | ||
| Q2 24 | 14.8% | -8.8% | ||
| Q1 24 | 13.8% | 35.9% |
净利率TPRWTM
| Q4 25 | 22.4% | 52.1% | ||
| Q3 25 | 16.1% | 13.2% | ||
| Q2 25 | -30.0% | 17.8% | ||
| Q1 25 | 12.8% | 5.9% | ||
| Q4 24 | 14.1% | -36.4% | ||
| Q3 24 | 12.4% | 21.3% | ||
| Q2 24 | 10.0% | -13.8% | ||
| Q1 24 | 9.4% | 36.5% |
每股收益（稀释后）TPRWTM
| Q4 25 | $2.68 | $325.02 | ||
| Q3 25 | $1.28 | $44.18 | ||
| Q2 25 | $-2.30 | $47.75 | ||
| Q1 25 | $0.95 | $13.19 | ||
| Q4 24 | $1.38 | $-50.98 | ||
| Q3 24 | $0.79 | $69.68 | ||
| Q2 24 | $0.67 | $-21.24 | ||
| Q1 24 | $0.60 | $92.33 |
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 | $1.1B | — |
| 总债务越低越好 | $2.4B | $837.0M |
| 股东权益账面价值 | $551.2M | $5.4B |
| 总资产 | $6.5B | $12.3B |
| 负债/权益比越低杠杆越低 | 4.32× | 0.15× |
8季度趋势，按日历期对齐
现金及短期投资TPRWTM
| Q4 25 | $1.1B | — | ||
| Q3 25 | $743.2M | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $7.3B | — | ||
| Q2 24 | $7.2B | — | ||
| Q1 24 | $7.4B | — |
总债务TPRWTM
| Q4 25 | $2.4B | $837.0M | ||
| Q3 25 | $2.4B | $870.4M | ||
| Q2 25 | $2.4B | $694.6M | ||
| Q1 25 | $2.4B | $676.1M | ||
| Q4 24 | $2.4B | $562.5M | ||
| Q3 24 | $7.0B | $544.9M | ||
| Q2 24 | $6.9B | $530.2M | ||
| Q1 24 | $7.7B | $532.1M |
股东权益TPRWTM
| Q4 25 | $551.2M | $5.4B | ||
| Q3 25 | $399.5M | $4.8B | ||
| Q2 25 | $857.8M | $4.6B | ||
| Q1 25 | $1.5B | $4.5B | ||
| Q4 24 | $1.3B | $4.5B | ||
| Q3 24 | $3.0B | $4.6B | ||
| Q2 24 | $2.9B | $4.4B | ||
| Q1 24 | $2.8B | $4.5B |
总资产TPRWTM
| Q4 25 | $6.5B | $12.3B | ||
| Q3 25 | $6.4B | $12.3B | ||
| Q2 25 | $6.6B | $11.8B | ||
| Q1 25 | $7.3B | $11.0B | ||
| Q4 24 | $7.3B | $9.9B | ||
| Q3 24 | $13.7B | $10.3B | ||
| Q2 24 | $13.4B | $10.2B | ||
| Q1 24 | $13.7B | $9.6B |
负债/权益比TPRWTM
| Q4 25 | 4.32× | 0.15× | ||
| Q3 25 | 5.95× | 0.18× | ||
| Q2 25 | 2.77× | 0.15× | ||
| Q1 25 | 1.59× | 0.15× | ||
| Q4 24 | 1.78× | 0.13× | ||
| Q3 24 | 2.35× | 0.12× | ||
| Q2 24 | 2.39× | 0.12× | ||
| Q1 24 | 2.77× | 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 | $1.1B | $53.9M |
| 自由现金流经营现金流 - 资本支出 | $1.0B | — |
| 自由现金流率自由现金流/营收 | 41.5% | — |
| 资本支出强度资本支出/营收 | 1.7% | — |
| 现金转化率经营现金流/净利润 | 1.93× | 0.06× |
| 过去12个月自由现金流最近4个季度 | $1.6B | — |
8季度趋势，按日历期对齐
经营现金流TPRWTM
| Q4 25 | $1.1B | $53.9M | ||
| Q3 25 | $112.6M | $359.3M | ||
| Q2 25 | $446.8M | $177.5M | ||
| Q1 25 | $144.3M | $-40.2M | ||
| Q4 24 | $506.0M | $64.1M | ||
| Q3 24 | $119.5M | $269.4M | ||
| Q2 24 | $256.0M | $216.8M | ||
| Q1 24 | $97.8M | $36.5M |
自由现金流TPRWTM
| Q4 25 | $1.0B | — | ||
| Q3 25 | $80.2M | — | ||
| Q2 25 | $411.5M | — | ||
| Q1 25 | $113.4M | — | ||
| Q4 24 | $475.1M | — | ||
| Q3 24 | $93.9M | — | ||
| Q2 24 | $209.8M | — | ||
| Q1 24 | $78.8M | — |
自由现金流率TPRWTM
| Q4 25 | 41.5% | — | ||
| Q3 25 | 4.7% | — | ||
| Q2 25 | 23.9% | — | ||
| Q1 25 | 7.2% | — | ||
| Q4 24 | 21.6% | — | ||
| Q3 24 | 6.2% | — | ||
| Q2 24 | 13.2% | — | ||
| Q1 24 | 5.3% | — |
资本支出强度TPRWTM
| Q4 25 | 1.7% | — | ||
| Q3 25 | 1.9% | — | ||
| Q2 25 | 2.0% | — | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 1.4% | — | ||
| Q3 24 | 1.7% | — | ||
| Q2 24 | 2.9% | — | ||
| Q1 24 | 1.3% | — |
现金转化率TPRWTM
| Q4 25 | 1.93× | 0.06× | ||
| Q3 25 | 0.41× | 3.16× | ||
| Q2 25 | — | 1.44× | ||
| Q1 25 | 0.71× | -1.19× | ||
| Q4 24 | 1.63× | — | ||
| Q3 24 | 0.64× | 1.51× | ||
| Q2 24 | 1.61× | — | ||
| Q1 24 | 0.70× | 0.15× |
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
TPR
| Coach | $1.4B | 57% |
| Other | $787.0M | 31% |
| Kate Spade Company | $290.0M | 12% |
WTM
暂无分部数据
