vs
Brown & Brown（BRO）与赫兹（HTZ）财务数据对比。点击上方公司名可切换其他公司
赫兹的季度营收约是Brown & Brown的1.3倍（$2.0B vs $1.6B），Brown & Brown净利率更高（16.5% vs -9.6%，领先26.1%），Brown & Brown同比增速更快（35.8% vs -0.6%），过去两年Brown & Brown的营收复合增速更高（13.0% vs -1.3%）
Brown & Brown是总部位于美国佛罗里达州代托纳比奇的保险经纪公司，是美国规模最大的独立保险中介机构之一，面向企业、政府机构、专业组织、行业协会及个人客户提供风险管理解决方案、保险产品及相关服务。
赫兹全球控股是美国知名汽车租赁企业，总部位于佛罗里达州埃斯特罗。公司运营赫兹同名核心品牌，同时拥有Dollar、Firefly、Thrifty等多个汽车租赁子品牌，业务覆盖全球广泛市场，为客户提供多元出行租赁解决方案。
BRO vs HTZ — 直观对比
营收规模更大
HTZ
是对方的1.3倍
$1.6B
营收增速更快
BRO
高出36.4%
-0.6%
净利率更高
BRO
高出26.1%
-9.6%
两年增速更快
BRO
近两年复合增速
-1.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $2.0B |
| 净利润 | $265.0M | $-194.0M |
| 毛利率 | — | — |
| 营业利润率 | — | -11.0% |
| 净利率 | 16.5% | -9.6% |
| 营收同比 | 35.8% | -0.6% |
| 净利润同比 | 26.8% | 59.5% |
| 每股收益（稀释后） | $0.55 | $-0.46 |
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BROHTZ
| Q4 25 | $1.6B | $2.0B | ||
| Q3 25 | $1.6B | $2.5B | ||
| Q2 25 | $1.3B | $2.2B | ||
| Q1 25 | $1.4B | $1.8B | ||
| Q4 24 | $1.2B | $2.0B | ||
| Q3 24 | $1.2B | $2.6B | ||
| Q2 24 | $1.2B | $2.4B | ||
| Q1 24 | $1.3B | $2.1B |
净利润BROHTZ
| Q4 25 | $265.0M | $-194.0M | ||
| Q3 25 | $227.0M | $184.0M | ||
| Q2 25 | $231.0M | $-294.0M | ||
| Q1 25 | $331.0M | $-443.0M | ||
| Q4 24 | $209.0M | $-479.0M | ||
| Q3 24 | $234.0M | $-1.3B | ||
| Q2 24 | $257.0M | $-865.0M | ||
| Q1 24 | $293.0M | $-186.0M |
营业利润率BROHTZ
| Q4 25 | — | -11.0% | ||
| Q3 25 | — | 9.4% | ||
| Q2 25 | — | -14.5% | ||
| Q1 25 | — | -29.0% | ||
| Q4 24 | 23.3% | -27.6% | ||
| Q3 24 | 26.7% | -62.9% | ||
| Q2 24 | 29.4% | -20.1% | ||
| Q1 24 | 28.9% | -27.9% |
净利率BROHTZ
| Q4 25 | 16.5% | -9.6% | ||
| Q3 25 | 14.1% | 7.4% | ||
| Q2 25 | 18.0% | -13.5% | ||
| Q1 25 | 23.6% | -24.4% | ||
| Q4 24 | 17.7% | -23.5% | ||
| Q3 24 | 19.7% | -51.7% | ||
| Q2 24 | 21.8% | -36.8% | ||
| Q1 24 | 23.3% | -8.9% |
每股收益（稀释后）BROHTZ
| Q4 25 | $0.55 | $-0.46 | ||
| Q3 25 | $0.68 | $0.42 | ||
| Q2 25 | $0.78 | $-0.95 | ||
| Q1 25 | $1.15 | $-1.44 | ||
| Q4 24 | $0.73 | $-1.57 | ||
| Q3 24 | $0.81 | $-4.34 | ||
| Q2 24 | $0.90 | $-2.82 | ||
| Q1 24 | $1.02 | $-0.61 |
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 | $1.1B | $565.0M |
| 总债务越低越好 | $7.6B | — |
| 股东权益账面价值 | $12.6B | $-459.0M |
| 总资产 | $30.0B | $22.3B |
| 负债/权益比越低杠杆越低 | 0.61× | — |
8季度趋势，按日历期对齐
现金及短期投资BROHTZ
| Q4 25 | $1.1B | $565.0M | ||
| Q3 25 | $1.2B | $1.1B | ||
| Q2 25 | $8.9B | $503.0M | ||
| Q1 25 | $669.0M | $626.0M | ||
| Q4 24 | $685.0M | $592.0M | ||
| Q3 24 | $968.0M | $501.0M | ||
| Q2 24 | $1.1B | $568.0M | ||
| Q1 24 | $591.0M | $465.0M |
总债务BROHTZ
| Q4 25 | $7.6B | — | ||
| Q3 25 | $7.7B | — | ||
| Q2 25 | $7.5B | — | ||
| Q1 25 | $3.8B | — | ||
| Q4 24 | $3.8B | — | ||
| Q3 24 | $3.6B | — | ||
| Q2 24 | $4.1B | — | ||
| Q1 24 | $3.9B | — |
股东权益BROHTZ
| Q4 25 | $12.6B | $-459.0M | ||
| Q3 25 | $12.4B | $-317.0M | ||
| Q2 25 | $11.6B | $-504.0M | ||
| Q1 25 | $6.8B | $-262.0M | ||
| Q4 24 | $6.4B | $153.0M | ||
| Q3 24 | $6.5B | $681.0M | ||
| Q2 24 | $6.0B | $2.0B | ||
| Q1 24 | $5.8B | $2.8B |
总资产BROHTZ
| Q4 25 | $30.0B | $22.3B | ||
| Q3 25 | $29.4B | $23.0B | ||
| Q2 25 | $25.6B | $23.1B | ||
| Q1 25 | $16.8B | $22.0B | ||
| Q4 24 | $17.6B | $21.8B | ||
| Q3 24 | $17.5B | $23.0B | ||
| Q2 24 | $15.9B | $25.2B | ||
| Q1 24 | $14.8B | $24.3B |
负债/权益比BROHTZ
| Q4 25 | 0.61× | — | ||
| Q3 25 | 0.62× | — | ||
| Q2 25 | 0.65× | — | ||
| Q1 25 | 0.56× | — | ||
| Q4 24 | 0.59× | — | ||
| Q3 24 | 0.55× | — | ||
| Q2 24 | 0.68× | — | ||
| Q1 24 | 0.67× | — |
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 | $444.0M | $193.0M |
| 自由现金流经营现金流 - 资本支出 | $424.0M | — |
| 自由现金流率自由现金流/营收 | 26.4% | — |
| 资本支出强度资本支出/营收 | 1.2% | — |
| 现金转化率经营现金流/净利润 | 1.68× | — |
| 过去12个月自由现金流最近4个季度 | $1.4B | — |
8季度趋势，按日历期对齐
经营现金流BROHTZ
| Q4 25 | $444.0M | $193.0M | ||
| Q3 25 | $468.0M | $835.0M | ||
| Q2 25 | $325.0M | $346.0M | ||
| Q1 25 | $213.0M | $251.0M | ||
| Q4 24 | $361.0M | $414.0M | ||
| Q3 24 | $440.0M | $894.0M | ||
| Q2 24 | $360.0M | $546.0M | ||
| Q1 24 | $13.0M | $370.0M |
自由现金流BROHTZ
| Q4 25 | $424.0M | — | ||
| Q3 25 | $452.0M | — | ||
| Q2 25 | $310.0M | — | ||
| Q1 25 | $196.0M | — | ||
| Q4 24 | $341.0M | — | ||
| Q3 24 | $417.0M | — | ||
| Q2 24 | $334.0M | — | ||
| Q1 24 | $0 | — |
自由现金流率BROHTZ
| Q4 25 | 26.4% | — | ||
| Q3 25 | 28.1% | — | ||
| Q2 25 | 24.1% | — | ||
| Q1 25 | 14.0% | — | ||
| Q4 24 | 28.8% | — | ||
| Q3 24 | 35.2% | — | ||
| Q2 24 | 28.4% | — | ||
| Q1 24 | 0.0% | — |
资本支出强度BROHTZ
| Q4 25 | 1.2% | — | ||
| Q3 25 | 1.0% | — | ||
| Q2 25 | 1.2% | — | ||
| Q1 25 | 1.2% | — | ||
| Q4 24 | 1.7% | — | ||
| Q3 24 | 1.9% | — | ||
| Q2 24 | 2.2% | — | ||
| Q1 24 | 1.0% | — |
现金转化率BROHTZ
| Q4 25 | 1.68× | — | ||
| Q3 25 | 2.06× | 4.54× | ||
| Q2 25 | 1.41× | — | ||
| Q1 25 | 0.64× | — | ||
| Q4 24 | 1.73× | — | ||
| Q3 24 | 1.88× | — | ||
| Q2 24 | 1.40× | — | ||
| Q1 24 | 0.04× | — |
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
BRO
| US | $1.4B | 87% |
| GB | $147.0M | 9% |
| Profit Sharing Contingent Commission Revenue | $33.0M | 2% |
| Other Supplemental Commissions Revenue | $25.0M | 2% |
HTZ
暂无分部数据
