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Side-by-side financial comparison of PACS Group, Inc. (PACS) and RENAISSANCERE HOLDINGS LTD (RNR). Click either name above to swap in a different company.
RENAISSANCERE HOLDINGS LTD is the larger business by last-quarter revenue ($2.2B vs $1.4B, roughly 1.6× PACS Group, Inc.). RENAISSANCERE HOLDINGS LTD runs the higher net margin — 23.5% vs 4.4%, a 19.1% gap on every dollar of revenue. On growth, PACS Group, Inc. posted the faster year-over-year revenue change (18.4% vs -36.8%). Over the past eight quarters, PACS Group, Inc.'s revenue compounded faster (20.5% CAGR vs -11.9%).
RenaissanceRe Holdings Ltd is a Bermudian provider of reinsurance, insurance and other related business services. The company operates in reinsurance, insurance and ventures.
PACS vs RNR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $2.2B |
| Net Profit | $59.7M | $515.8M |
| Gross Margin | — | — |
| Operating Margin | 7.0% | — |
| Net Margin | 4.4% | 23.5% |
| Revenue YoY | 18.4% | -36.8% |
| Net Profit YoY | 3022.5% | 72.6% |
| EPS (diluted) | $0.42 | $6.57 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $2.2B | ||
| Q4 25 | $1.4B | $3.0B | ||
| Q3 25 | $1.3B | $3.2B | ||
| Q2 25 | $1.3B | $3.2B | ||
| Q1 25 | $1.3B | $3.5B | ||
| Q4 24 | $1.1B | $2.3B | ||
| Q3 24 | $1.0B | $4.0B | ||
| Q2 24 | $981.4M | $2.8B |
| Q1 26 | — | $515.8M | ||
| Q4 25 | $59.7M | $760.5M | ||
| Q3 25 | $52.4M | $916.5M | ||
| Q2 25 | $51.0M | $835.4M | ||
| Q1 25 | $28.5M | $170.0M | ||
| Q4 24 | $1.9M | $-189.7M | ||
| Q3 24 | $15.6M | $1.2B | ||
| Q2 24 | $-10.9M | $503.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 17.1% | — | ||
| Q2 24 | 22.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | 7.0% | 42.5% | ||
| Q3 25 | 6.4% | 46.3% | ||
| Q2 25 | 6.2% | 41.8% | ||
| Q1 25 | 3.8% | -2.0% | ||
| Q4 24 | 1.7% | -3.6% | ||
| Q3 24 | 2.2% | 43.7% | ||
| Q2 24 | 0.1% | 25.0% |
| Q1 26 | — | 23.5% | ||
| Q4 25 | 4.4% | 25.6% | ||
| Q3 25 | 3.9% | 28.7% | ||
| Q2 25 | 3.9% | 26.1% | ||
| Q1 25 | 2.2% | 4.9% | ||
| Q4 24 | 0.2% | -8.3% | ||
| Q3 24 | 1.5% | 29.8% | ||
| Q2 24 | -1.1% | 17.8% |
| Q1 26 | — | $6.57 | ||
| Q4 25 | $0.42 | $16.16 | ||
| Q3 25 | $0.32 | $19.40 | ||
| Q2 25 | $0.31 | $17.20 | ||
| Q1 25 | $0.17 | $3.27 | ||
| Q4 24 | $-0.03 | $-3.76 | ||
| Q3 24 | $0.10 | $22.62 | ||
| Q2 24 | $-0.07 | $9.41 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $197.0M | $1.6B |
| Total DebtLower is stronger | $353.2M | — |
| Stockholders' EquityBook value | $946.8M | $4.3B |
| Total Assets | $5.6B | $53.7B |
| Debt / EquityLower = less leverage | 0.37× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.6B | ||
| Q4 25 | $197.0M | $1.7B | ||
| Q3 25 | $355.7M | $1.7B | ||
| Q2 25 | $294.2M | $1.4B | ||
| Q1 25 | $287.5M | $1.6B | ||
| Q4 24 | $157.7M | $1.7B | ||
| Q3 24 | $49.5M | $1.6B | ||
| Q2 24 | $73.4M | $1.6B |
| Q1 26 | — | — | ||
| Q4 25 | $353.2M | $2.3B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | $411.9M | $1.9B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $2.0B |
| Q1 26 | — | $4.3B | ||
| Q4 25 | $946.8M | $11.6B | ||
| Q3 25 | $871.3M | $11.5B | ||
| Q2 25 | $806.8M | $10.8B | ||
| Q1 25 | $750.2M | $10.3B | ||
| Q4 24 | $709.6M | $10.6B | ||
| Q3 24 | $660.0M | $11.2B | ||
| Q2 24 | $572.1M | $10.2B |
| Q1 26 | — | $53.7B | ||
| Q4 25 | $5.6B | $53.8B | ||
| Q3 25 | $5.6B | $54.5B | ||
| Q2 25 | $5.5B | $54.7B | ||
| Q1 25 | $5.5B | $53.6B | ||
| Q4 24 | $5.2B | $50.7B | ||
| Q3 24 | $4.5B | $52.8B | ||
| Q2 24 | $3.9B | $51.6B |
| Q1 26 | — | — | ||
| Q4 25 | 0.37× | 0.20× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | 0.58× | 0.18× | ||
| Q3 24 | — | 0.17× | ||
| Q2 24 | — | 0.19× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-3.4M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | -0.06× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-3.4M | $483.0M | ||
| Q3 25 | $204.8M | $1.6B | ||
| Q2 25 | $52.6M | $1.5B | ||
| Q1 25 | $150.2M | $157.8M | ||
| Q4 24 | $64.6M | $778.9M | ||
| Q3 24 | $209.2M | $1.5B | ||
| Q2 24 | $34.8M | $1.2B |
| Q1 26 | — | — | ||
| Q4 25 | -0.06× | 0.64× | ||
| Q3 25 | 3.91× | 1.73× | ||
| Q2 25 | 1.03× | 1.76× | ||
| Q1 25 | 5.28× | 0.93× | ||
| Q4 24 | 33.78× | — | ||
| Q3 24 | 13.39× | 1.26× | ||
| Q2 24 | — | 2.41× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
