vs
Brown & Brown（BRO）与Rollins, Inc.（ROL）财务数据对比。点击上方公司名可切换其他公司
Brown & Brown的季度营收约是Rollins, Inc.的1.8倍（$1.6B vs $906.4M），Brown & Brown净利率更高（16.5% vs 11.9%，领先4.6%），Brown & Brown同比增速更快（35.8% vs 10.2%），Brown & Brown自由现金流更多（$424.0M vs $111.2M），过去两年Brown & Brown的营收复合增速更高（13.0% vs 0.8%）
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。
Rollins, Inc.是北美知名虫害防治服务商，面向住宅及商业客户提供专业防控服务。公司依托Orkin、HomeTeam Pest Defense等多家全资子公司布局全球业务，覆盖北美、英国等市场，在民用及商用虫害治理领域具备深厚的行业积累与品牌优势。
BRO vs ROL — 直观对比
营收规模更大
BRO
是对方的1.8倍
$906.4M
营收增速更快
BRO
高出25.6%
10.2%
净利率更高
BRO
高出4.6%
11.9%
自由现金流更多
BRO
多$312.8M
$111.2M
两年增速更快
BRO
近两年复合增速
0.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $906.4M |
| 净利润 | $265.0M | $107.8M |
| 毛利率 | — | — |
| 营业利润率 | — | 16.1% |
| 净利率 | 16.5% | 11.9% |
| 营收同比 | 35.8% | 10.2% |
| 净利润同比 | 26.8% | 2.5% |
| 每股收益（稀释后） | $0.55 | $0.22 |
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BROROL
| Q1 26 | — | $906.4M | ||
| Q4 25 | $1.6B | $912.9M | ||
| Q3 25 | $1.6B | $1.0B | ||
| Q2 25 | $1.3B | $999.5M | ||
| Q1 25 | $1.4B | $822.5M | ||
| Q4 24 | $1.2B | $832.2M | ||
| Q3 24 | $1.2B | $916.3M | ||
| Q2 24 | $1.2B | $891.9M |
净利润BROROL
| Q1 26 | — | $107.8M | ||
| Q4 25 | $265.0M | $116.4M | ||
| Q3 25 | $227.0M | $163.5M | ||
| Q2 25 | $231.0M | $141.5M | ||
| Q1 25 | $331.0M | $105.2M | ||
| Q4 24 | $209.0M | $105.7M | ||
| Q3 24 | $234.0M | $136.9M | ||
| Q2 24 | $257.0M | $129.4M |
营业利润率BROROL
| Q1 26 | — | 16.1% | ||
| Q4 25 | — | 17.5% | ||
| Q3 25 | — | 21.9% | ||
| Q2 25 | — | 19.8% | ||
| Q1 25 | — | 17.3% | ||
| Q4 24 | 23.3% | 18.1% | ||
| Q3 24 | 26.7% | 20.9% | ||
| Q2 24 | 29.4% | 20.4% |
净利率BROROL
| Q1 26 | — | 11.9% | ||
| Q4 25 | 16.5% | 12.8% | ||
| Q3 25 | 14.1% | 15.9% | ||
| Q2 25 | 18.0% | 14.2% | ||
| Q1 25 | 23.6% | 12.8% | ||
| Q4 24 | 17.7% | 12.7% | ||
| Q3 24 | 19.7% | 14.9% | ||
| Q2 24 | 21.8% | 14.5% |
每股收益（稀释后）BROROL
| Q1 26 | — | $0.22 | ||
| Q4 25 | $0.55 | $0.24 | ||
| Q3 25 | $0.68 | $0.34 | ||
| Q2 25 | $0.78 | $0.29 | ||
| Q1 25 | $1.15 | $0.22 | ||
| Q4 24 | $0.73 | $0.22 | ||
| Q3 24 | $0.81 | $0.28 | ||
| Q2 24 | $0.90 | $0.27 |
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 | $116.5M |
| 总债务越低越好 | $7.6B | $650.6M |
| 股东权益账面价值 | $12.6B | $1.4B |
| 总资产 | $30.0B | $3.2B |
| 负债/权益比越低杠杆越低 | 0.61× | 0.47× |
8季度趋势，按日历期对齐
现金及短期投资BROROL
| Q1 26 | — | $116.5M | ||
| Q4 25 | $1.1B | $100.0M | ||
| Q3 25 | $1.2B | $127.4M | ||
| Q2 25 | $8.9B | $123.0M | ||
| Q1 25 | $669.0M | $201.2M | ||
| Q4 24 | $685.0M | $89.6M | ||
| Q3 24 | $968.0M | $95.3M | ||
| Q2 24 | $1.1B | $106.7M |
总债务BROROL
| Q1 26 | — | $650.6M | ||
| Q4 25 | $7.6B | $486.1M | ||
| Q3 25 | $7.7B | $485.7M | ||
| Q2 25 | $7.5B | $485.3M | ||
| Q1 25 | $3.8B | $485.5M | ||
| Q4 24 | $3.8B | $395.3M | ||
| Q3 24 | $3.6B | — | ||
| Q2 24 | $4.1B | — |
股东权益BROROL
| Q1 26 | — | $1.4B | ||
| Q4 25 | $12.6B | $1.4B | ||
| Q3 25 | $12.4B | $1.5B | ||
| Q2 25 | $11.6B | $1.4B | ||
| Q1 25 | $6.8B | $1.4B | ||
| Q4 24 | $6.4B | $1.3B | ||
| Q3 24 | $6.5B | $1.3B | ||
| Q2 24 | $6.0B | $1.2B |
总资产BROROL
| Q1 26 | — | $3.2B | ||
| Q4 25 | $30.0B | $3.1B | ||
| Q3 25 | $29.4B | $3.2B | ||
| Q2 25 | $25.6B | $3.2B | ||
| Q1 25 | $16.8B | $2.9B | ||
| Q4 24 | $17.6B | $2.8B | ||
| Q3 24 | $17.5B | $2.8B | ||
| Q2 24 | $15.9B | $2.8B |
负债/权益比BROROL
| Q1 26 | — | 0.47× | ||
| Q4 25 | 0.61× | 0.35× | ||
| Q3 25 | 0.62× | 0.32× | ||
| Q2 25 | 0.65× | 0.34× | ||
| Q1 25 | 0.56× | 0.36× | ||
| Q4 24 | 0.59× | 0.30× | ||
| Q3 24 | 0.55× | — | ||
| Q2 24 | 0.68× | — |
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 | $118.4M |
| 自由现金流经营现金流 - 资本支出 | $424.0M | $111.2M |
| 自由现金流率自由现金流/营收 | 26.4% | 12.3% |
| 资本支出强度资本支出/营收 | 1.2% | 0.8% |
| 现金转化率经营现金流/净利润 | 1.68× | 1.10× |
| 过去12个月自由现金流最近4个季度 | $1.4B | $621.1M |
8季度趋势，按日历期对齐
经营现金流BROROL
| Q1 26 | — | $118.4M | ||
| Q4 25 | $444.0M | $164.7M | ||
| Q3 25 | $468.0M | $191.3M | ||
| Q2 25 | $325.0M | $175.1M | ||
| Q1 25 | $213.0M | $146.9M | ||
| Q4 24 | $361.0M | $188.2M | ||
| Q3 24 | $440.0M | $146.9M | ||
| Q2 24 | $360.0M | $145.1M |
自由现金流BROROL
| Q1 26 | — | $111.2M | ||
| Q4 25 | $424.0M | $159.0M | ||
| Q3 25 | $452.0M | $182.8M | ||
| Q2 25 | $310.0M | $168.0M | ||
| Q1 25 | $196.0M | $140.1M | ||
| Q4 24 | $341.0M | $184.0M | ||
| Q3 24 | $417.0M | $139.4M | ||
| Q2 24 | $334.0M | $136.4M |
自由现金流率BROROL
| Q1 26 | — | 12.3% | ||
| Q4 25 | 26.4% | 17.4% | ||
| Q3 25 | 28.1% | 17.8% | ||
| Q2 25 | 24.1% | 16.8% | ||
| Q1 25 | 14.0% | 17.0% | ||
| Q4 24 | 28.8% | 22.1% | ||
| Q3 24 | 35.2% | 15.2% | ||
| Q2 24 | 28.4% | 15.3% |
资本支出强度BROROL
| Q1 26 | — | 0.8% | ||
| Q4 25 | 1.2% | 0.6% | ||
| Q3 25 | 1.0% | 0.8% | ||
| Q2 25 | 1.2% | 0.7% | ||
| Q1 25 | 1.2% | 0.8% | ||
| Q4 24 | 1.7% | 0.5% | ||
| Q3 24 | 1.9% | 0.8% | ||
| Q2 24 | 2.2% | 1.0% |
现金转化率BROROL
| Q1 26 | — | 1.10× | ||
| Q4 25 | 1.68× | 1.41× | ||
| Q3 25 | 2.06× | 1.17× | ||
| Q2 25 | 1.41× | 1.24× | ||
| Q1 25 | 0.64× | 1.40× | ||
| Q4 24 | 1.73× | 1.78× | ||
| Q3 24 | 1.88× | 1.07× | ||
| Q2 24 | 1.40× | 1.12× |
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% |
ROL
暂无分部数据
