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Unum Group（UNM）与Welltower（WELL）财务数据对比。点击上方公司名可切换其他公司
Unum Group的季度营收约是Welltower的1.0倍（$3.4B vs $3.4B），Welltower净利率更高（22.4% vs 6.9%，领先15.5%），Welltower同比增速更快（38.3% vs 8.5%），过去两年Welltower的营收复合增速更高（55.1% vs 1.9%）
Unum Group是美国财富500强保险企业，总部位于田纳西州查塔努加，前身为1848年成立的联合相互保险公司，1999年合并后曾用名UnumProvident至2007年。集团现设四大业务板块，覆盖美、英、波兰市场，旗下承保主体包括保罗里维尔人寿保险、普罗维登斯人伤意外险公司等。
Welltower Inc.是一家专注于医疗基础设施领域的房地产投资信托企业，核心业务为医疗类地产投资运营。截至2022年12月31日，公司投资的物业总量约3000处，全部布局于美国、加拿大及英国市场，是全球医疗地产投资领域的代表性企业之一。
UNM vs WELL — 直观对比
营收规模更大
UNM
是对方的1.0倍
$3.4B
营收增速更快
WELL
高出29.8%
8.5%
净利率更高
WELL
高出15.5%
6.9%
两年增速更快
WELL
近两年复合增速
1.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.4B | $3.4B |
| 净利润 | $232.0M | $752.3M |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | 6.9% | 22.4% |
| 营收同比 | 8.5% | 38.3% |
| 净利润同比 | 22.7% | 192.4% |
| 每股收益（稀释后） | — | — |
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UNMWELL
| Q1 26 | $3.4B | $3.4B | ||
| Q4 25 | $3.2B | $2.6B | ||
| Q3 25 | $3.4B | $2.1B | ||
| Q2 25 | $3.4B | $2.0B | ||
| Q1 25 | $3.1B | $1.9B | ||
| Q4 24 | $3.2B | $1.8B | ||
| Q3 24 | $3.2B | $1.5B | ||
| Q2 24 | $3.2B | $1.4B |
净利润UNMWELL
| Q1 26 | $232.0M | $752.3M | ||
| Q4 25 | $174.1M | $117.8M | ||
| Q3 25 | $39.7M | $282.2M | ||
| Q2 25 | $335.6M | $304.6M | ||
| Q1 25 | $189.1M | $257.3M | ||
| Q4 24 | $348.7M | $123.8M | ||
| Q3 24 | $645.7M | $456.8M | ||
| Q2 24 | $389.5M | $260.7M |
毛利率UNMWELL
| Q1 26 | — | — | ||
| Q4 25 | — | 24.3% | ||
| Q3 25 | — | 23.5% | ||
| Q2 25 | — | 23.2% | ||
| Q1 25 | — | 21.6% | ||
| Q4 24 | — | 20.0% | ||
| Q3 24 | — | 19.8% | ||
| Q2 24 | — | 20.2% |
营业利润率UNMWELL
| Q1 26 | — | — | ||
| Q4 25 | 6.7% | — | ||
| Q3 25 | 1.6% | 14.2% | ||
| Q2 25 | 12.4% | 15.1% | ||
| Q1 25 | 7.9% | 10.7% | ||
| Q4 24 | 13.8% | 6.2% | ||
| Q3 24 | 15.6% | 12.2% | ||
| Q2 24 | 15.3% | 6.5% |
净利率UNMWELL
| Q1 26 | 6.9% | 22.4% | ||
| Q4 25 | 5.4% | 4.6% | ||
| Q3 25 | 1.2% | 13.7% | ||
| Q2 25 | 10.0% | 15.5% | ||
| Q1 25 | 6.1% | 13.8% | ||
| Q4 24 | 10.8% | 7.0% | ||
| Q3 24 | 20.1% | 30.2% | ||
| Q2 24 | 12.0% | 18.7% |
每股收益（稀释后）UNMWELL
| Q1 26 | — | — | ||
| Q4 25 | $1.06 | $0.13 | ||
| Q3 25 | $0.23 | $0.41 | ||
| Q2 25 | $1.92 | $0.45 | ||
| Q1 25 | $1.06 | $0.40 | ||
| Q4 24 | $1.91 | $0.20 | ||
| Q3 24 | $3.46 | $0.73 | ||
| Q2 24 | $2.05 | $0.42 |
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 | $2.1M | $4.7B |
| 总债务越低越好 | $3.8M | — |
| 股东权益账面价值 | $10.9M | $44.7B |
| 总资产 | $62.7M | $67.2B |
| 负债/权益比越低杠杆越低 | 0.35× | — |
8季度趋势，按日历期对齐
现金及短期投资UNMWELL
| Q1 26 | $2.1M | $4.7B | ||
| Q4 25 | — | $5.0B | ||
| Q3 25 | — | $6.8B | ||
| Q2 25 | — | $4.4B | ||
| Q1 25 | — | $3.5B | ||
| Q4 24 | — | $3.5B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $2.8B |
总债务UNMWELL
| Q1 26 | $3.8M | — | ||
| Q4 25 | $3.8B | $19.2B | ||
| Q3 25 | $3.5B | $16.9B | ||
| Q2 25 | $3.5B | $16.0B | ||
| Q1 25 | $3.5B | $15.7B | ||
| Q4 24 | $3.5B | $15.5B | ||
| Q3 24 | $3.5B | $15.8B | ||
| Q2 24 | $3.5B | $13.9B |
股东权益UNMWELL
| Q1 26 | $10.9M | $44.7B | ||
| Q4 25 | $11.1B | $42.1B | ||
| Q3 25 | $10.9B | $38.8B | ||
| Q2 25 | $11.3B | $35.9B | ||
| Q1 25 | $11.2B | $34.0B | ||
| Q4 24 | $11.0B | $32.0B | ||
| Q3 24 | $11.0B | $30.3B | ||
| Q2 24 | $10.5B | $29.0B |
总资产UNMWELL
| Q1 26 | $62.7M | $67.2B | ||
| Q4 25 | $63.5B | $67.3B | ||
| Q3 25 | $63.7B | $59.5B | ||
| Q2 25 | $62.8B | $55.8B | ||
| Q1 25 | $62.5B | $53.3B | ||
| Q4 24 | $62.0B | $51.0B | ||
| Q3 24 | $64.1B | $49.0B | ||
| Q2 24 | $62.0B | $45.5B |
负债/权益比UNMWELL
| Q1 26 | 0.35× | — | ||
| Q4 25 | 0.34× | 0.46× | ||
| Q3 25 | 0.32× | 0.43× | ||
| Q2 25 | 0.31× | 0.44× | ||
| Q1 25 | 0.31× | 0.46× | ||
| Q4 24 | 0.32× | 0.49× | ||
| Q3 24 | 0.32× | 0.52× | ||
| Q2 24 | 0.33× | 0.48× |
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
UNM
| Premium Income | $2.8B | 83% |
| Other | $561.2M | 17% |
WELL
| Resident fees and services | $2.8B | 83% |
| Rental income | $453.8M | 14% |
| Other | $117.2M | 3% |
