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安达（CB）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
安达的季度营收约是RENAISSANCERE HOLDINGS LTD的5.1倍（$15.1B vs $3.0B）。RENAISSANCERE HOLDINGS LTD净利率更高（25.6% vs 21.3%，领先4.3%）。RENAISSANCERE HOLDINGS LTD同比增速更快（29.6% vs 6.3%）。过去两年安达的营收复合增速更高（8.1% vs 6.9%）
安达是注册地位于苏黎世的跨国保险集团，在纽约证券交易所上市，为标普500指数成分股。作为全球最大的上市财产及意外伤害保险公司，其业务涵盖财产险、意外险、健康险、再保险、寿险等领域，在全球55个国家和地区及伦敦劳合社市场运营。
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。
CB vs RNR — 直观对比
营收规模更大
CB
是对方的5.1倍
$3.0B
营收增速更快
RNR
高出23.3%
6.3%
净利率更高
RNR
高出4.3%
21.3%
两年增速更快
CB
近两年复合增速
6.9%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $15.1B | $3.0B |
| 净利润 | $3.2B | $760.5M |
| 毛利率 | — | — |
| 营业利润率 | 25.0% | 42.5% |
| 净利率 | 21.3% | 25.6% |
| 营收同比 | 6.3% | 29.6% |
| 净利润同比 | 24.7% | 501.0% |
| 每股收益（稀释后） | $8.05 | $16.16 |
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CBRNR
| Q4 25 | $15.1B | $3.0B | ||
| Q3 25 | $16.1B | $3.2B | ||
| Q2 25 | $14.8B | $3.2B | ||
| Q1 25 | $13.4B | $3.5B | ||
| Q4 24 | $14.2B | $2.3B | ||
| Q3 24 | $14.8B | $4.0B | ||
| Q2 24 | $13.8B | $2.8B | ||
| Q1 24 | $12.9B | $2.6B |
净利润CBRNR
| Q4 25 | $3.2B | $760.5M | ||
| Q3 25 | $2.8B | $916.5M | ||
| Q2 25 | $3.0B | $835.4M | ||
| Q1 25 | $1.3B | $170.0M | ||
| Q4 24 | $2.6B | $-189.7M | ||
| Q3 24 | $2.3B | $1.2B | ||
| Q2 24 | $2.2B | $503.9M | ||
| Q1 24 | $2.1B | $373.6M |
营业利润率CBRNR
| Q4 25 | 25.0% | 42.5% | ||
| Q3 25 | 24.1% | 46.3% | ||
| Q2 25 | 25.0% | 41.8% | ||
| Q1 25 | 12.5% | -2.0% | ||
| Q4 24 | 22.0% | -3.6% | ||
| Q3 24 | 20.2% | 43.7% | ||
| Q2 24 | 19.6% | 25.0% | ||
| Q1 24 | 20.4% | 24.4% |
净利率CBRNR
| Q4 25 | 21.3% | 25.6% | ||
| Q3 25 | 17.3% | 28.7% | ||
| Q2 25 | 20.0% | 26.1% | ||
| Q1 25 | 10.0% | 4.9% | ||
| Q4 24 | 18.2% | -8.3% | ||
| Q3 24 | 15.7% | 29.8% | ||
| Q2 24 | 16.1% | 17.8% | ||
| Q1 24 | 16.6% | 14.4% |
每股收益（稀释后）CBRNR
| Q4 25 | $8.05 | $16.16 | ||
| Q3 25 | $6.99 | $19.40 | ||
| Q2 25 | $7.35 | $17.20 | ||
| Q1 25 | $3.29 | $3.27 | ||
| Q4 24 | $6.31 | $-3.76 | ||
| Q3 24 | $5.70 | $22.62 | ||
| Q2 24 | $5.46 | $9.41 | ||
| Q1 24 | $5.23 | $6.94 |
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 | — | $1.7B |
| 总债务越低越好 | $15.7B | $2.3B |
| 股东权益账面价值 | $73.8B | $11.6B |
| 总资产 | $272.3B | $53.8B |
| 负债/权益比越低杠杆越低 | 0.21× | 0.20× |
8季度趋势，按日历期对齐
现金及短期投资CBRNR
| Q4 25 | — | $1.7B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $1.6B | ||
| Q1 24 | — | $1.6B |
总债务CBRNR
| Q4 25 | $15.7B | $2.3B | ||
| Q3 25 | $15.7B | $2.2B | ||
| Q2 25 | $13.5B | $2.3B | ||
| Q1 25 | $14.5B | $2.8B | ||
| Q4 24 | $14.4B | $1.9B | ||
| Q3 24 | $14.6B | $1.9B | ||
| Q2 24 | $13.2B | $2.0B | ||
| Q1 24 | $13.2B | $1.9B |
股东权益CBRNR
| Q4 25 | $73.8B | $11.6B | ||
| Q3 25 | $71.9B | $11.5B | ||
| Q2 25 | $69.4B | $10.8B | ||
| Q1 25 | $65.7B | $10.3B | ||
| Q4 24 | $64.0B | $10.6B | ||
| Q3 24 | $65.8B | $11.2B | ||
| Q2 24 | $61.0B | $10.2B | ||
| Q1 24 | $60.5B | $9.8B |
总资产CBRNR
| Q4 25 | $272.3B | $53.8B | ||
| Q3 25 | $270.2B | $54.5B | ||
| Q2 25 | $261.6B | $54.7B | ||
| Q1 25 | $251.8B | $53.6B | ||
| Q4 24 | $246.5B | $50.7B | ||
| Q3 24 | $250.6B | $52.8B | ||
| Q2 24 | $238.6B | $51.6B | ||
| Q1 24 | $234.9B | $50.9B |
负债/权益比CBRNR
| Q4 25 | 0.21× | 0.20× | ||
| Q3 25 | 0.22× | 0.19× | ||
| Q2 25 | 0.19× | 0.21× | ||
| Q1 25 | 0.22× | 0.27× | ||
| Q4 24 | 0.22× | 0.18× | ||
| Q3 24 | 0.22× | 0.17× | ||
| Q2 24 | 0.22× | 0.19× | ||
| Q1 24 | 0.22× | 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 | $4.1B | $483.0M |
| 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 | 1.26× | 0.64× |
| 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CBRNR
| Q4 25 | $4.1B | $483.0M | ||
| Q3 25 | $3.6B | $1.6B | ||
| Q2 25 | $3.6B | $1.5B | ||
| Q1 25 | $1.6B | $157.8M | ||
| Q4 24 | $4.6B | $778.9M | ||
| Q3 24 | $4.3B | $1.5B | ||
| Q2 24 | $4.1B | $1.2B | ||
| Q1 24 | $3.2B | $683.5M |
现金转化率CBRNR
| Q4 25 | 1.26× | 0.64× | ||
| Q3 25 | 1.30× | 1.73× | ||
| Q2 25 | 1.20× | 1.76× | ||
| Q1 25 | 1.18× | 0.93× | ||
| Q4 24 | 1.77× | — | ||
| Q3 24 | 1.86× | 1.26× | ||
| Q2 24 | 1.83× | 2.41× | ||
| Q1 24 | 1.50× | 1.83× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
