vs
好事达（ALL）与Sunrun Inc.（RUN）财务数据对比。点击上方公司名可切换其他公司
Sunrun Inc.的季度营收约是好事达的1.3倍（$1.2B vs $922.0M），好事达净利率更高（266.6% vs 8.9%，领先257.7%），Sunrun Inc.同比增速更快（123.5% vs 7.2%），过去两年Sunrun Inc.的营收复合增速更高（59.0% vs -75.8%）
好事达集团是面向美国、加拿大市场的综合性保险服务商，提供财产险、意外险及其他保险产品。旗下设好事达保险、保障服务、健康福利、到期财产责任险四大板块，主营私人乘用车险、房屋保险，亦覆盖摩托车、房车、越野车等特种车险及各类个人保险产品。
Sunrun Inc.是美国知名的光伏系统及电池储能产品供应商，业务以服务住宅客户为主，2007年成立，总部位于加利福尼亚州旧金山，致力于为家庭用户提供高效的清洁能源解决方案。
ALL vs RUN — 直观对比
营收规模更大
RUN
是对方的1.3倍
$922.0M
营收增速更快
RUN
高出116.3%
7.2%
净利率更高
ALL
高出257.7%
8.9%
两年增速更快
RUN
近两年复合增速
-75.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $922.0M | $1.2B |
| 净利润 | $2.5B | $103.6M |
| 毛利率 | — | — |
| 营业利润率 | -1400.3% | 8.4% |
| 净利率 | 266.6% | 8.9% |
| 营收同比 | 7.2% | 123.5% |
| 净利润同比 | — | 103.7% |
| 每股收益（稀释后） | $9.25 | $0.38 |
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ALLRUN
| Q1 26 | $922.0M | — | ||
| Q4 25 | $17.3B | $1.2B | ||
| Q3 25 | $17.3B | $724.6M | ||
| Q2 25 | $16.6B | $569.3M | ||
| Q1 25 | $16.5B | $504.3M | ||
| Q4 24 | $16.5B | $518.5M | ||
| Q3 24 | $16.6B | $537.2M | ||
| Q2 24 | $15.7B | $523.9M |
净利润ALLRUN
| Q1 26 | $2.5B | — | ||
| Q4 25 | $3.8B | $103.6M | ||
| Q3 25 | $3.7B | $16.6M | ||
| Q2 25 | $2.1B | $279.8M | ||
| Q1 25 | $595.0M | $50.0M | ||
| Q4 24 | $1.9B | $-2.8B | ||
| Q3 24 | $1.2B | $-83.8M | ||
| Q2 24 | $331.0M | $139.1M |
营业利润率ALLRUN
| Q1 26 | -1400.3% | — | ||
| Q4 25 | — | 8.4% | ||
| Q3 25 | — | 0.5% | ||
| Q2 25 | — | -19.7% | ||
| Q1 25 | — | -22.8% | ||
| Q4 24 | — | -628.0% | ||
| Q3 24 | — | -23.8% | ||
| Q2 24 | — | -24.4% |
净利率ALLRUN
| Q1 26 | 266.6% | — | ||
| Q4 25 | 22.1% | 8.9% | ||
| Q3 25 | 21.7% | 2.3% | ||
| Q2 25 | 12.7% | 49.1% | ||
| Q1 25 | 3.6% | 9.9% | ||
| Q4 24 | 11.7% | -542.7% | ||
| Q3 24 | 7.2% | -15.6% | ||
| Q2 24 | 2.1% | 26.5% |
每股收益（稀释后）ALLRUN
| Q1 26 | $9.25 | — | ||
| Q4 25 | $14.24 | $0.38 | ||
| Q3 25 | $13.95 | $0.06 | ||
| Q2 25 | $7.76 | $1.07 | ||
| Q1 25 | $2.11 | $0.20 | ||
| Q4 24 | $7.07 | $-12.59 | ||
| Q3 24 | $4.33 | $-0.37 | ||
| Q2 24 | $1.13 | $0.55 |
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 | — | — |
| 总债务越低越好 | — | $14.7B |
| 股东权益账面价值 | $31.6B | $3.1B |
| 总资产 | $124.0B | $22.6B |
| 负债/权益比越低杠杆越低 | — | 4.69× |
8季度趋势，按日历期对齐
现金及短期投资ALLRUN
| Q1 26 | — | — | ||
| Q4 25 | $4.9B | — | ||
| Q3 25 | $8.7B | — | ||
| Q2 25 | $9.6B | — | ||
| Q1 25 | $6.5B | — | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $7.0B | — | ||
| Q2 24 | $5.3B | — |
总债务ALLRUN
| Q1 26 | — | — | ||
| Q4 25 | $7.5B | $14.7B | ||
| Q3 25 | $8.1B | $14.6B | ||
| Q2 25 | $8.1B | $14.0B | ||
| Q1 25 | $8.1B | $13.6B | ||
| Q4 24 | $8.1B | $12.9B | ||
| Q3 24 | $8.1B | $12.5B | ||
| Q2 24 | $8.1B | $12.0B |
股东权益ALLRUN
| Q1 26 | $31.6B | — | ||
| Q4 25 | $30.6B | $3.1B | ||
| Q3 25 | $27.5B | $3.0B | ||
| Q2 25 | $24.0B | $2.9B | ||
| Q1 25 | $22.1B | $2.6B | ||
| Q4 24 | $21.4B | $2.6B | ||
| Q3 24 | $20.9B | $5.3B | ||
| Q2 24 | $18.6B | $5.4B |
总资产ALLRUN
| Q1 26 | $124.0B | — | ||
| Q4 25 | $119.8B | $22.6B | ||
| Q3 25 | $120.4B | $22.2B | ||
| Q2 25 | $115.9B | $21.2B | ||
| Q1 25 | $115.2B | $20.4B | ||
| Q4 24 | $111.6B | $19.9B | ||
| Q3 24 | $113.7B | $22.1B | ||
| Q2 24 | $108.4B | $21.4B |
负债/权益比ALLRUN
| Q1 26 | — | — | ||
| Q4 25 | 0.24× | 4.69× | ||
| Q3 25 | 0.29× | 4.90× | ||
| Q2 25 | 0.34× | 4.80× | ||
| Q1 25 | 0.37× | 5.19× | ||
| Q4 24 | 0.38× | 5.05× | ||
| Q3 24 | 0.39× | 2.36× | ||
| Q2 24 | 0.43× | 2.23× |
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 | — | $96.9M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 0.94× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流ALLRUN
| Q1 26 | — | — | ||
| Q4 25 | $3.0B | $96.9M | ||
| Q3 25 | $3.3B | $-121.5M | ||
| Q2 25 | $1.9B | $-292.7M | ||
| Q1 25 | $2.0B | $-104.2M | ||
| Q4 24 | $1.7B | $-258.4M | ||
| Q3 24 | $3.2B | $-156.2M | ||
| Q2 24 | $2.4B | $-208.5M |
自由现金流ALLRUN
| Q1 26 | — | — | ||
| Q4 25 | $2.9B | — | ||
| Q3 25 | $3.2B | — | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $3.1B | $-156.4M | ||
| Q2 24 | $2.3B | — |
自由现金流率ALLRUN
| Q1 26 | — | — | ||
| Q4 25 | 16.7% | — | ||
| Q3 25 | 18.8% | — | ||
| Q2 25 | 11.3% | — | ||
| Q1 25 | 11.4% | — | ||
| Q4 24 | 10.0% | — | ||
| Q3 24 | 18.9% | -29.1% | ||
| Q2 24 | 14.7% | — |
资本支出强度ALLRUN
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 0.4% | 0.0% | ||
| Q2 24 | 0.4% | — |
现金转化率ALLRUN
| Q1 26 | — | — | ||
| Q4 25 | 0.78× | 0.94× | ||
| Q3 25 | 0.88× | -7.33× | ||
| Q2 25 | 0.89× | -1.05× | ||
| Q1 25 | 3.30× | -2.08× | ||
| Q4 24 | 0.88× | — | ||
| Q3 24 | 2.69× | — | ||
| Q2 24 | 7.13× | -1.50× |
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
ALL
暂无分部数据
RUN
| Products | $692.3M | 60% |
| Customer Agreements | $435.2M | 38% |
| Manufactured Product Other | $56.7M | 5% |
| Incentives | $31.3M | 3% |
