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美国铝业公司（AA）与RENAISSANCERE HOLDINGS LTD（RNR）财务数据对比。点击上方公司名可切换其他公司
美国铝业公司的季度营收约是RENAISSANCERE HOLDINGS LTD的1.6倍（$3.4B vs $2.2B），RENAISSANCERE HOLDINGS LTD净利率更高（23.5% vs 6.2%，领先17.3%），美国铝业公司同比增速更快（-1.1% vs -36.8%），过去两年美国铝业公司的营收复合增速更高（15.2% vs -11.9%）
美国铝业公司是美国大型工业企业，为全球规模领先的铝生产商之一，业务布局覆盖10个国家，涵盖铝土矿开采、氧化铝精炼、原铝冶炼、铝制品加工及铝回收利用全产业链，产品广泛应用于全球各工业领域。
RenaissanceRe Holdings Ltd是总部位于百慕大的保险及相关商业服务提供商，核心业务覆盖再保险、常规保险两大板块，同时运营风险相关创新投资业务，为全球客户提供专业的风险对冲与保险解决方案。
AA vs RNR — 直观对比
营收规模更大
AA
是对方的1.6倍
$2.2B
营收增速更快
AA
高出35.7%
-36.8%
净利率更高
RNR
高出17.3%
6.2%
两年增速更快
AA
近两年复合增速
-11.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.4B | $2.2B |
| 净利润 | $213.0M | $515.8M |
| 毛利率 | — | — |
| 营业利润率 | 2.0% | — |
| 净利率 | 6.2% | 23.5% |
| 营收同比 | -1.1% | -36.8% |
| 净利润同比 | 5.4% | 72.6% |
| 每股收益（稀释后） | $0.80 | $6.57 |
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AARNR
| Q1 26 | — | $2.2B | ||
| Q4 25 | $3.4B | $3.0B | ||
| Q3 25 | $3.0B | $3.2B | ||
| Q2 25 | $3.0B | $3.2B | ||
| Q1 25 | $3.4B | $3.5B | ||
| Q4 24 | $3.5B | $2.3B | ||
| Q3 24 | $2.9B | $4.0B | ||
| Q2 24 | $2.9B | $2.8B |
净利润AARNR
| Q1 26 | — | $515.8M | ||
| Q4 25 | $213.0M | $760.5M | ||
| Q3 25 | $232.0M | $916.5M | ||
| Q2 25 | $164.0M | $835.4M | ||
| Q1 25 | $548.0M | $170.0M | ||
| Q4 24 | $202.0M | $-189.7M | ||
| Q3 24 | $90.0M | $1.2B | ||
| Q2 24 | $20.0M | $503.9M |
营业利润率AARNR
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | 42.5% | ||
| Q3 25 | 5.6% | 46.3% | ||
| Q2 25 | 5.3% | 41.8% | ||
| Q1 25 | 19.8% | -2.0% | ||
| Q4 24 | 9.7% | -3.6% | ||
| Q3 24 | 6.3% | 43.7% | ||
| Q2 24 | 3.2% | 25.0% |
净利率AARNR
| Q1 26 | — | 23.5% | ||
| Q4 25 | 6.2% | 25.6% | ||
| Q3 25 | 7.7% | 28.7% | ||
| Q2 25 | 5.4% | 26.1% | ||
| Q1 25 | 16.3% | 4.9% | ||
| Q4 24 | 5.8% | -8.3% | ||
| Q3 24 | 3.1% | 29.8% | ||
| Q2 24 | 0.7% | 17.8% |
每股收益（稀释后）AARNR
| Q1 26 | — | $6.57 | ||
| Q4 25 | $0.80 | $16.16 | ||
| Q3 25 | $0.88 | $19.40 | ||
| Q2 25 | $0.62 | $17.20 | ||
| Q1 25 | $2.07 | $3.27 | ||
| Q4 24 | $1.18 | $-3.76 | ||
| Q3 24 | $0.38 | $22.62 | ||
| Q2 24 | $0.11 | $9.41 |
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 | $1.6B |
| 总债务越低越好 | $2.4B | — |
| 股东权益账面价值 | $6.1B | $4.3B |
| 总资产 | $16.1B | $53.7B |
| 负债/权益比越低杠杆越低 | 0.40× | — |
8季度趋势，按日历期对齐
现金及短期投资AARNR
| Q1 26 | — | $1.6B | ||
| Q4 25 | $1.6B | $1.7B | ||
| Q3 25 | $1.5B | $1.7B | ||
| Q2 25 | $1.5B | $1.4B | ||
| Q1 25 | $1.2B | $1.6B | ||
| Q4 24 | $1.1B | $1.7B | ||
| Q3 24 | $1.3B | $1.6B | ||
| Q2 24 | $1.4B | $1.6B |
总债务AARNR
| Q1 26 | — | — | ||
| Q4 25 | $2.4B | $2.3B | ||
| Q3 25 | $2.6B | $2.2B | ||
| Q2 25 | $2.6B | $2.3B | ||
| Q1 25 | $2.6B | $2.8B | ||
| Q4 24 | $2.5B | $1.9B | ||
| Q3 24 | $2.5B | $1.9B | ||
| Q2 24 | $2.5B | $2.0B |
股东权益AARNR
| Q1 26 | — | $4.3B | ||
| Q4 25 | $6.1B | $11.6B | ||
| Q3 25 | $6.3B | $11.5B | ||
| Q2 25 | $6.1B | $10.8B | ||
| Q1 25 | $5.8B | $10.3B | ||
| Q4 24 | $5.2B | $10.6B | ||
| Q3 24 | $5.3B | $11.2B | ||
| Q2 24 | $3.9B | $10.2B |
总资产AARNR
| Q1 26 | — | $53.7B | ||
| Q4 25 | $16.1B | $53.8B | ||
| Q3 25 | $16.0B | $54.5B | ||
| Q2 25 | $15.0B | $54.7B | ||
| Q1 25 | $14.6B | $53.6B | ||
| Q4 24 | $14.1B | $50.7B | ||
| Q3 24 | $14.5B | $52.8B | ||
| Q2 24 | $14.3B | $51.6B |
负债/权益比AARNR
| Q1 26 | — | — | ||
| Q4 25 | 0.40× | 0.20× | ||
| Q3 25 | 0.41× | 0.19× | ||
| Q2 25 | 0.42× | 0.21× | ||
| Q1 25 | 0.44× | 0.27× | ||
| Q4 24 | 0.48× | 0.18× | ||
| Q3 24 | 0.47× | 0.17× | ||
| Q2 24 | 0.63× | 0.19× |
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 | $537.0M | — |
| 自由现金流经营现金流 - 资本支出 | $294.0M | — |
| 自由现金流率自由现金流/营收 | 8.5% | — |
| 资本支出强度资本支出/营收 | 7.0% | — |
| 现金转化率经营现金流/净利润 | 2.52× | — |
| 过去12个月自由现金流最近4个季度 | $567.0M | — |
8季度趋势，按日历期对齐
经营现金流AARNR
| Q1 26 | — | — | ||
| Q4 25 | $537.0M | $483.0M | ||
| Q3 25 | $85.0M | $1.6B | ||
| Q2 25 | $488.0M | $1.5B | ||
| Q1 25 | $75.0M | $157.8M | ||
| Q4 24 | $415.0M | $778.9M | ||
| Q3 24 | $143.0M | $1.5B | ||
| Q2 24 | $287.0M | $1.2B |
自由现金流AARNR
| Q1 26 | — | — | ||
| Q4 25 | $294.0M | — | ||
| Q3 25 | $-66.0M | — | ||
| Q2 25 | $357.0M | — | ||
| Q1 25 | $-18.0M | — | ||
| Q4 24 | $246.0M | — | ||
| Q3 24 | $-3.0M | — | ||
| Q2 24 | $123.0M | — |
自由现金流率AARNR
| Q1 26 | — | — | ||
| Q4 25 | 8.5% | — | ||
| Q3 25 | -2.2% | — | ||
| Q2 25 | 11.8% | — | ||
| Q1 25 | -0.5% | — | ||
| Q4 24 | 7.1% | — | ||
| Q3 24 | -0.1% | — | ||
| Q2 24 | 4.2% | — |
资本支出强度AARNR
| Q1 26 | — | — | ||
| Q4 25 | 7.0% | — | ||
| Q3 25 | 5.0% | — | ||
| Q2 25 | 4.3% | — | ||
| Q1 25 | 2.8% | — | ||
| Q4 24 | 4.8% | — | ||
| Q3 24 | 5.0% | — | ||
| Q2 24 | 5.6% | — |
现金转化率AARNR
| Q1 26 | — | — | ||
| Q4 25 | 2.52× | 0.64× | ||
| Q3 25 | 0.37× | 1.73× | ||
| Q2 25 | 2.98× | 1.76× | ||
| Q1 25 | 0.14× | 0.93× | ||
| Q4 24 | 2.05× | — | ||
| Q3 24 | 1.59× | 1.26× | ||
| Q2 24 | 14.35× | 2.41× |
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
AA
| Aluminum | $2.5B | 72% |
| Third Party Sales | $979.0M | 28% |
RNR
暂无分部数据
