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CNO Financial Group, Inc.（CNO）与Rivian Automotive, Inc.（RIVN）财务数据对比。点击上方公司名可切换其他公司
Rivian Automotive, Inc.的季度营收约是CNO Financial Group, Inc.的1.1倍（$1.3B vs $1.1B），CNO Financial Group, Inc.净利率更高（8.8% vs -63.1%，领先71.9%），CNO Financial Group, Inc.同比增速更快（4.2% vs -25.8%），过去两年Rivian Automotive, Inc.的营收复合增速更高（3.3% vs -0.6%）
CNO金融集团是总部位于美国印第安纳州卡梅尔的金融服务控股公司，前身为康塞科公司。集团旗下保险子公司为美国超400万客户提供人寿保险、年金和补充健康保险产品，通过独立代理人、专属代理人，以及电视广告、直邮等直销触达用户。
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
CNO vs RIVN — 直观对比
营收规模更大
RIVN
是对方的1.1倍
$1.1B
营收增速更快
CNO
高出30.0%
-25.8%
净利率更高
CNO
高出71.9%
-63.1%
两年增速更快
RIVN
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.3B |
| 净利润 | $100.7M | $-811.0M |
| 毛利率 | — | 9.3% |
| 营业利润率 | 15.2% | -64.8% |
| 净利率 | 8.8% | -63.1% |
| 营收同比 | 4.2% | -25.8% |
| 净利润同比 | -39.4% | -9.0% |
| 每股收益（稀释后） | $1.02 | $-0.66 |
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CNORIVN
| Q4 25 | $1.1B | $1.3B | ||
| Q3 25 | $1.2B | $1.6B | ||
| Q2 25 | $1.2B | $1.3B | ||
| Q1 25 | $1.0B | $1.2B | ||
| Q4 24 | $1.1B | $1.7B | ||
| Q3 24 | $1.1B | $874.0M | ||
| Q2 24 | $1.1B | $1.2B | ||
| Q1 24 | $1.2B | $1.2B |
净利润CNORIVN
| Q4 25 | $100.7M | $-811.0M | ||
| Q3 25 | $23.1M | $-1.2B | ||
| Q2 25 | $91.8M | $-1.1B | ||
| Q1 25 | $13.7M | $-545.0M | ||
| Q4 24 | $166.1M | $-744.0M | ||
| Q3 24 | $9.3M | $-1.1B | ||
| Q2 24 | $116.3M | $-1.5B | ||
| Q1 24 | $112.3M | $-1.4B |
毛利率CNORIVN
| Q4 25 | — | 9.3% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | -15.8% | ||
| Q1 25 | — | 16.6% | ||
| Q4 24 | — | 9.8% | ||
| Q3 24 | — | -44.9% | ||
| Q2 24 | — | -38.9% | ||
| Q1 24 | — | -43.8% |
营业利润率CNORIVN
| Q4 25 | 15.2% | -64.8% | ||
| Q3 25 | 13.7% | -63.1% | ||
| Q2 25 | 9.8% | -85.5% | ||
| Q1 25 | 10.4% | -52.8% | ||
| Q4 24 | 15.8% | -38.1% | ||
| Q3 24 | 13.6% | -133.8% | ||
| Q2 24 | 13.9% | -118.7% | ||
| Q1 24 | 6.5% | -123.3% |
净利率CNORIVN
| Q4 25 | 8.8% | -63.1% | ||
| Q3 25 | 1.9% | -75.3% | ||
| Q2 25 | 8.0% | -85.7% | ||
| Q1 25 | 1.4% | -44.0% | ||
| Q4 24 | 15.1% | -42.9% | ||
| Q3 24 | 0.8% | -125.9% | ||
| Q2 24 | 10.9% | -125.8% | ||
| Q1 24 | 9.7% | -120.1% |
每股收益（稀释后）CNORIVN
| Q4 25 | $1.02 | $-0.66 | ||
| Q3 25 | $0.24 | $-0.96 | ||
| Q2 25 | $0.91 | $-0.97 | ||
| Q1 25 | $0.13 | $-0.48 | ||
| Q4 24 | $1.58 | $-0.67 | ||
| Q3 24 | $0.09 | $-1.08 | ||
| Q2 24 | $1.06 | $-1.46 | ||
| Q1 24 | $1.01 | $-1.48 |
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 | — | $6.1B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.6B | $4.6B |
| 总资产 | $38.8B | $14.9B |
| 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CNORIVN
| Q4 25 | — | $6.1B | ||
| Q3 25 | — | $7.1B | ||
| Q2 25 | — | $7.5B | ||
| Q1 25 | — | $7.2B | ||
| Q4 24 | — | $7.7B | ||
| Q3 24 | — | $6.7B | ||
| Q2 24 | — | $7.9B | ||
| Q1 24 | — | $7.9B |
总债务CNORIVN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $5.5B | ||
| Q1 24 | — | $4.4B |
股东权益CNORIVN
| Q4 25 | $2.6B | $4.6B | ||
| Q3 25 | $2.6B | $5.1B | ||
| Q2 25 | $2.5B | $6.1B | ||
| Q1 25 | $2.5B | $6.2B | ||
| Q4 24 | $2.5B | $6.6B | ||
| Q3 24 | $2.7B | $5.9B | ||
| Q2 24 | $2.4B | $6.8B | ||
| Q1 24 | $2.4B | $8.1B |
总资产CNORIVN
| Q4 25 | $38.8B | $14.9B | ||
| Q3 25 | $38.3B | $15.2B | ||
| Q2 25 | $37.3B | $15.6B | ||
| Q1 25 | $37.4B | $15.5B | ||
| Q4 24 | $37.9B | $15.4B | ||
| Q3 24 | $37.6B | $14.3B | ||
| Q2 24 | $36.3B | $15.4B | ||
| Q1 24 | $34.9B | $15.7B |
负债/权益比CNORIVN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.81× | ||
| Q1 24 | — | 0.55× |
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 | $195.7M | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-1.1B |
| 自由现金流率自由现金流/营收 | — | -89.0% |
| 资本支出强度资本支出/营收 | — | 36.0% |
| 现金转化率经营现金流/净利润 | 1.94× | — |
| 过去12个月自由现金流最近4个季度 | — | $-2.5B |
8季度趋势，按日历期对齐
经营现金流CNORIVN
| Q4 25 | $195.7M | $-681.0M | ||
| Q3 25 | $197.8M | $26.0M | ||
| Q2 25 | $145.5M | $64.0M | ||
| Q1 25 | $136.7M | $-188.0M | ||
| Q4 24 | $191.0M | $1.2B | ||
| Q3 24 | $231.2M | $-876.0M | ||
| Q2 24 | $110.9M | $-754.0M | ||
| Q1 24 | $94.6M | $-1.3B |
自由现金流CNORIVN
| Q4 25 | — | $-1.1B | ||
| Q3 25 | — | $-421.0M | ||
| Q2 25 | — | $-398.0M | ||
| Q1 25 | — | $-526.0M | ||
| Q4 24 | — | $856.0M | ||
| Q3 24 | — | $-1.2B | ||
| Q2 24 | — | $-1.0B | ||
| Q1 24 | — | $-1.5B |
自由现金流率CNORIVN
| Q4 25 | — | -89.0% | ||
| Q3 25 | — | -27.0% | ||
| Q2 25 | — | -30.5% | ||
| Q1 25 | — | -42.4% | ||
| Q4 24 | — | 49.4% | ||
| Q3 24 | — | -131.9% | ||
| Q2 24 | — | -89.6% | ||
| Q1 24 | — | -126.5% |
资本支出强度CNORIVN
| Q4 25 | — | 36.0% | ||
| Q3 25 | — | 28.7% | ||
| Q2 25 | — | 35.5% | ||
| Q1 25 | — | 27.3% | ||
| Q4 24 | — | 18.9% | ||
| Q3 24 | — | 31.7% | ||
| Q2 24 | — | 24.4% | ||
| Q1 24 | — | 21.1% |
现金转化率CNORIVN
| Q4 25 | 1.94× | — | ||
| Q3 25 | 8.56× | — | ||
| Q2 25 | 1.58× | — | ||
| Q1 25 | 9.98× | — | ||
| Q4 24 | 1.15× | — | ||
| Q3 24 | 24.86× | — | ||
| Q2 24 | 0.95× | — | ||
| Q1 24 | 0.84× | — |
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
CNO
| Health Insurance Product Line | $496.4M | 43% |
| Life Insurance Segment | $268.8M | 24% |
| Other | $207.2M | 18% |
| Life And Annuity Insurance Product Line | $170.7M | 15% |
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
