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约翰迪尔（DE）与美国再保险集团（RGA）财务数据对比。点击上方公司名可切换其他公司
约翰迪尔的季度营收约是美国再保险集团的1.9倍（$12.4B vs $6.6B），约翰迪尔净利率更高（8.6% vs 7.0%，领先1.6%），美国再保险集团同比增速更快（26.6% vs 11.2%），过去两年美国再保险集团的营收复合增速更高（2.3% vs 0.9%）
迪尔公司（商用品牌为约翰迪尔）是美国大型制造企业，核心业务涵盖农业机械、重型设备、林业机械、柴油发动机、重型设备传动系统及园艺养护设备的研发生产，同时配套提供金融服务及相关衍生业务，在全球农机与重工领域拥有领先市场地位。
美国再保险集团（RGA）是总部位于美国密苏里州大圣路易斯地区西郊切斯特菲尔德的全球人寿与健康再保险控股集团。截至2024年12月31日，集团有效人寿再保额约3.9万亿美元，总资产达1187亿美元，是全球唯一主营人寿及健康相关再保险业务的国际企业。
DE vs RGA — 直观对比
营收规模更大
DE
是对方的1.9倍
$6.6B
营收增速更快
RGA
高出15.4%
11.2%
净利率更高
DE
高出1.6%
7.0%
两年增速更快
RGA
近两年复合增速
0.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $12.4B | $6.6B |
| 净利润 | $1.1B | $463.0M |
| 毛利率 | — | — |
| 营业利润率 | 11.5% | 7.7% |
| 净利率 | 8.6% | 7.0% |
| 营收同比 | 11.2% | 26.6% |
| 净利润同比 | -14.5% | 212.8% |
| 每股收益（稀释后） | $3.92 | $6.91 |
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DERGA
| Q4 25 | $12.4B | $6.6B | ||
| Q3 25 | $12.0B | $6.2B | ||
| Q2 25 | $12.8B | $5.6B | ||
| Q1 25 | $8.5B | $5.3B | ||
| Q4 24 | $11.1B | $5.2B | ||
| Q3 24 | $13.2B | $5.7B | ||
| Q2 24 | $15.2B | $4.9B | ||
| Q1 24 | $12.2B | $6.3B |
净利润DERGA
| Q4 25 | $1.1B | $463.0M | ||
| Q3 25 | $1.3B | $253.0M | ||
| Q2 25 | $1.8B | $180.0M | ||
| Q1 25 | $869.0M | $286.0M | ||
| Q4 24 | $1.2B | $148.0M | ||
| Q3 24 | $1.7B | $156.0M | ||
| Q2 24 | $2.4B | $203.0M | ||
| Q1 24 | $1.8B | $210.0M |
营业利润率DERGA
| Q4 25 | 11.5% | 7.7% | ||
| Q3 25 | 13.3% | 5.2% | ||
| Q2 25 | 18.3% | 6.1% | ||
| Q1 25 | 10.5% | 7.0% | ||
| Q4 24 | 13.6% | 4.3% | ||
| Q3 24 | 17.9% | 3.8% | ||
| Q2 24 | 20.5% | 5.5% | ||
| Q1 24 | 18.2% | 4.3% |
净利率DERGA
| Q4 25 | 8.6% | 7.0% | ||
| Q3 25 | 10.7% | 4.1% | ||
| Q2 25 | 14.1% | 3.2% | ||
| Q1 25 | 10.2% | 5.4% | ||
| Q4 24 | 11.2% | 2.8% | ||
| Q3 24 | 13.2% | 2.8% | ||
| Q2 24 | 15.6% | 4.2% | ||
| Q1 24 | 14.4% | 3.3% |
每股收益（稀释后）DERGA
| Q4 25 | $3.92 | $6.91 | ||
| Q3 25 | $4.75 | $3.81 | ||
| Q2 25 | $6.64 | $2.70 | ||
| Q1 25 | $3.19 | $4.27 | ||
| Q4 24 | $4.57 | $2.21 | ||
| Q3 24 | $6.29 | $2.33 | ||
| Q2 24 | $8.53 | $3.03 | ||
| Q1 24 | $6.23 | $3.16 |
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 | $8.3B | $4.2B |
| 总债务越低越好 | — | $5.7B |
| 股东权益账面价值 | $25.9B | $13.5B |
| 总资产 | $106.0B | $156.6B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资DERGA
| Q4 25 | $8.3B | $4.2B | ||
| Q3 25 | $8.6B | $4.6B | ||
| Q2 25 | $8.0B | $5.4B | ||
| Q1 25 | $6.6B | $5.2B | ||
| Q4 24 | $7.3B | $3.3B | ||
| Q3 24 | $7.0B | $5.2B | ||
| Q2 24 | $5.6B | $4.6B | ||
| Q1 24 | $5.1B | $5.9B |
总债务DERGA
| Q4 25 | — | $5.7B | ||
| Q3 25 | — | $5.7B | ||
| Q2 25 | — | $5.7B | ||
| Q1 25 | — | $5.7B | ||
| Q4 24 | — | $5.0B | ||
| Q3 24 | — | $5.1B | ||
| Q2 24 | — | $5.1B | ||
| Q1 24 | — | $4.4B |
股东权益DERGA
| Q4 25 | $25.9B | $13.5B | ||
| Q3 25 | $25.2B | $13.0B | ||
| Q2 25 | $24.3B | $12.1B | ||
| Q1 25 | $22.5B | $11.4B | ||
| Q4 24 | $22.8B | $10.8B | ||
| Q3 24 | $23.1B | $11.1B | ||
| Q2 24 | $22.7B | $9.7B | ||
| Q1 24 | $22.1B | $9.5B |
总资产DERGA
| Q4 25 | $106.0B | $156.6B | ||
| Q3 25 | $107.8B | $152.0B | ||
| Q2 25 | $106.3B | $133.5B | ||
| Q1 25 | $103.1B | $128.2B | ||
| Q4 24 | $107.3B | $118.7B | ||
| Q3 24 | $107.8B | $120.3B | ||
| Q2 24 | $105.6B | $109.9B | ||
| Q1 24 | $101.4B | $106.0B |
负债/权益比DERGA
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.44× | ||
| Q2 25 | — | 0.48× | ||
| Q1 25 | — | 0.50× | ||
| Q4 24 | — | 0.47× | ||
| Q3 24 | — | 0.46× | ||
| Q2 24 | — | 0.52× | ||
| Q1 24 | — | 0.47× |
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 | $4.0B | $7.3B |
| 自由现金流经营现金流 - 资本支出 | $3.5B | — |
| 自由现金流率自由现金流/营收 | 28.1% | — |
| 资本支出强度资本支出/营收 | 4.1% | — |
| 现金转化率经营现金流/净利润 | 3.75× | 15.83× |
| 过去12个月自由现金流最近4个季度 | $6.1B | — |
8季度趋势，按日历期对齐
经营现金流DERGA
| Q4 25 | $4.0B | $7.3B | ||
| Q3 25 | $2.9B | $-990.0M | ||
| Q2 25 | $1.7B | $-820.0M | ||
| Q1 25 | $-1.1B | $-1.4B | ||
| Q4 24 | $5.1B | $17.1B | ||
| Q3 24 | $3.2B | $-1.1B | ||
| Q2 24 | $1.9B | $-967.0M | ||
| Q1 24 | $-908.0M | $-5.7B |
自由现金流DERGA
| Q4 25 | $3.5B | — | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $-1.5B | — | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $-1.3B | — |
自由现金流率DERGA
| Q4 25 | 28.1% | — | ||
| Q3 25 | 21.6% | — | ||
| Q2 25 | 11.7% | — | ||
| Q1 25 | -17.4% | — | ||
| Q4 24 | 40.3% | — | ||
| Q3 24 | 21.8% | — | ||
| Q2 24 | 9.8% | — | ||
| Q1 24 | -10.4% | — |
资本支出强度DERGA
| Q4 25 | 4.1% | — | ||
| Q3 25 | 2.5% | — | ||
| Q2 25 | 1.6% | — | ||
| Q1 25 | 4.1% | — | ||
| Q4 24 | 5.4% | — | ||
| Q3 24 | 2.5% | — | ||
| Q2 24 | 2.3% | — | ||
| Q1 24 | 3.0% | — |
现金转化率DERGA
| Q4 25 | 3.75× | 15.83× | ||
| Q3 25 | 2.25× | -3.91× | ||
| Q2 25 | 0.94× | -4.56× | ||
| Q1 25 | -1.30× | -5.00× | ||
| Q4 24 | 4.09× | 115.81× | ||
| Q3 24 | 1.84× | -6.84× | ||
| Q2 24 | 0.78× | -4.76× | ||
| Q1 24 | -0.52× | -27.31× |
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
DE
| Production And Precision Agriculture Segment | $2.0B | 16% |
| Construction And Forestry Segment | $2.0B | 16% |
| Small Agriculture | $1.8B | 15% |
| Financial Service | $1.5B | 12% |
| Construction Equipment | $1.4B | 11% |
| Small Agriculture And Turf Segment | $1.2B | 9% |
| Roadbuilding | $994.0M | 8% |
| Compact Construction Equipment | $564.0M | 5% |
| Forestry | $352.0M | 3% |
| Other | $300.0M | 2% |
| Other Products And Services | $146.0M | 1% |
| Financial Products | $80.0M | 1% |
RGA
暂无分部数据
