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空气化工产品公司（APD）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
空气化工产品公司的季度营收约是RENAISSANCERE HOLDINGS LTD的1.4倍（$3.1B vs $2.2B），RENAISSANCERE HOLDINGS LTD净利率更高（23.5% vs 21.9%，领先1.6%），空气化工产品公司同比增速更快（5.8% vs -36.8%），过去两年空气化工产品公司的营收复合增速更高（2.9% vs -11.9%）
空气化工产品公司是全球知名的工业气体供应商，业务覆盖全球各地，主营大气气体、工艺气体、特种气体、相关设备及服务，产品涵盖氧气、氮气、氩气、氢气、氦气、二氧化碳、一氧化碳、合成气等，同时供应空分装置、非低温发生器等气体生产处理设备，服务炼油、化工、气化等多个行业领域。
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。
APD vs RNR — 直观对比
营收规模更大
APD
是对方的1.4倍
$2.2B
营收增速更快
APD
高出42.6%
-36.8%
净利率更高
RNR
高出1.6%
21.9%
两年增速更快
APD
近两年复合增速
-11.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $2.2B |
| 净利润 | $678.2M | $515.8M |
| 毛利率 | 32.1% | — |
| 营业利润率 | 23.7% | — |
| 净利率 | 21.9% | 23.5% |
| 营收同比 | 5.8% | -36.8% |
| 净利润同比 | 9.8% | 72.6% |
| 每股收益（稀释后） | $3.04 | $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APDRNR
| Q1 26 | — | $2.2B | ||
| Q4 25 | $3.1B | $3.0B | ||
| Q3 25 | $3.2B | $3.2B | ||
| Q2 25 | $3.0B | $3.2B | ||
| Q1 25 | $2.9B | $3.5B | ||
| Q4 24 | $2.9B | $2.3B | ||
| Q3 24 | $3.2B | $4.0B | ||
| Q2 24 | $3.0B | $2.8B |
净利润APDRNR
| Q1 26 | — | $515.8M | ||
| Q4 25 | $678.2M | $760.5M | ||
| Q3 25 | $4.9M | $916.5M | ||
| Q2 25 | $713.8M | $835.4M | ||
| Q1 25 | $-1.7B | $170.0M | ||
| Q4 24 | $617.4M | $-189.7M | ||
| Q3 24 | $1.9B | $1.2B | ||
| Q2 24 | $696.6M | $503.9M |
毛利率APDRNR
| Q1 26 | — | — | ||
| Q4 25 | 32.1% | — | ||
| Q3 25 | 32.3% | — | ||
| Q2 25 | 32.5% | — | ||
| Q1 25 | 29.6% | — | ||
| Q4 24 | 31.2% | — | ||
| Q3 24 | 34.0% | — | ||
| Q2 24 | 32.8% | — |
营业利润率APDRNR
| Q1 26 | — | — | ||
| Q4 25 | 23.7% | 42.5% | ||
| Q3 25 | 0.5% | 46.3% | ||
| Q2 25 | 26.2% | 41.8% | ||
| Q1 25 | -79.8% | -2.0% | ||
| Q4 24 | 22.0% | -3.6% | ||
| Q3 24 | 76.1% | 43.7% | ||
| Q2 24 | 24.7% | 25.0% |
净利率APDRNR
| Q1 26 | — | 23.5% | ||
| Q4 25 | 21.9% | 25.6% | ||
| Q3 25 | 0.2% | 28.7% | ||
| Q2 25 | 23.6% | 26.1% | ||
| Q1 25 | -59.3% | 4.9% | ||
| Q4 24 | 21.1% | -8.3% | ||
| Q3 24 | 61.2% | 29.8% | ||
| Q2 24 | 23.3% | 17.8% |
每股收益（稀释后）APDRNR
| Q1 26 | — | $6.57 | ||
| Q4 25 | $3.04 | $16.16 | ||
| Q3 25 | $0.03 | $19.40 | ||
| Q2 25 | $3.20 | $17.20 | ||
| Q1 25 | $-7.77 | $3.27 | ||
| Q4 24 | $2.77 | $-3.76 | ||
| Q3 24 | $8.75 | $22.62 | ||
| Q2 24 | $3.13 | $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 | $1.0B | $1.6B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $15.4B | $4.3B |
| 总资产 | $41.2B | $53.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资APDRNR
| Q1 26 | — | $1.6B | ||
| Q4 25 | $1.0B | $1.7B | ||
| Q3 25 | $1.9B | $1.7B | ||
| Q2 25 | $2.3B | $1.4B | ||
| Q1 25 | $1.6B | $1.6B | ||
| Q4 24 | $2.0B | $1.7B | ||
| Q3 24 | $3.0B | $1.6B | ||
| Q2 24 | $2.4B | $1.6B |
总债务APDRNR
| Q1 26 | — | — | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $2.0B |
股东权益APDRNR
| Q1 26 | — | $4.3B | ||
| Q4 25 | $15.4B | $11.6B | ||
| Q3 25 | $15.0B | $11.5B | ||
| Q2 25 | $15.5B | $10.8B | ||
| Q1 25 | $14.7B | $10.3B | ||
| Q4 24 | $16.7B | $10.6B | ||
| Q3 24 | $17.0B | $11.2B | ||
| Q2 24 | $15.1B | $10.2B |
总资产APDRNR
| Q1 26 | — | $53.7B | ||
| Q4 25 | $41.2B | $53.8B | ||
| Q3 25 | $41.1B | $54.5B | ||
| Q2 25 | $41.7B | $54.7B | ||
| Q1 25 | $38.9B | $53.6B | ||
| Q4 24 | $40.0B | $50.7B | ||
| Q3 24 | $39.6B | $52.8B | ||
| Q2 24 | $37.0B | $51.6B |
负债/权益比APDRNR
| Q1 26 | — | — | ||
| Q4 25 | — | 0.20× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.17× | ||
| Q2 24 | — | 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 | $900.7M | — |
| 自由现金流经营现金流 - 资本支出 | $-350.5M | — |
| 自由现金流率自由现金流/营收 | -11.3% | — |
| 资本支出强度资本支出/营收 | 40.3% | — |
| 现金转化率经营现金流/净利润 | 1.33× | — |
| 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APDRNR
| Q1 26 | — | — | ||
| Q4 25 | $900.7M | $483.0M | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | $855.8M | $1.5B | ||
| Q1 25 | $328.1M | $157.8M | ||
| Q4 24 | $811.7M | $778.9M | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | $1.3B | $1.2B |
自由现金流APDRNR
| Q1 26 | — | — | ||
| Q4 25 | $-350.5M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $-640.0M | — | ||
| Q1 25 | $-1.6B | — | ||
| Q4 24 | $-1.3B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $-345.2M | — |
自由现金流率APDRNR
| Q1 26 | — | — | ||
| Q4 25 | -11.3% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -21.2% | — | ||
| Q1 25 | -53.6% | — | ||
| Q4 24 | -44.5% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -11.6% | — |
资本支出强度APDRNR
| Q1 26 | — | — | ||
| Q4 25 | 40.3% | — | ||
| Q3 25 | 47.9% | — | ||
| Q2 25 | 49.5% | — | ||
| Q1 25 | 64.9% | — | ||
| Q4 24 | 72.2% | — | ||
| Q3 24 | 65.1% | — | ||
| Q2 24 | 53.8% | — |
现金转化率APDRNR
| Q1 26 | — | — | ||
| Q4 25 | 1.33× | 0.64× | ||
| Q3 25 | — | 1.73× | ||
| Q2 25 | 1.20× | 1.76× | ||
| Q1 25 | — | 0.93× | ||
| Q4 24 | 1.31× | — | ||
| Q3 24 | — | 1.26× | ||
| Q2 24 | 1.81× | 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
APD
| Other | $1.6B | 53% |
| Onsite | $783.9M | 25% |
| Merchant | $557.8M | 18% |
| Saleof Equipment | $117.0M | 4% |
RNR
暂无分部数据
