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Dream Finders Homes, Inc.（DFH）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
RENAISSANCERE HOLDINGS LTD的季度营收约是Dream Finders Homes, Inc.的1.8倍（$2.2B vs $1.2B），RENAISSANCERE HOLDINGS LTD净利率更高（23.5% vs 4.8%，领先18.7%），Dream Finders Homes, Inc.同比增速更快（-22.3% vs -36.8%），过去两年Dream Finders Homes, Inc.的营收复合增速更高（21.0% vs -11.9%）
美国住宅建筑商Dream Finders Homes主要建造并销售独栋住宅、联排别墅等覆盖入门级到高端档次的居住物业，业务布局美国多个高速增长区域，同时为购房者提供按揭融资、产权保险、房屋保修等配套服务，覆盖各类客户群体。
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。
DFH vs RNR — 直观对比
营收规模更大
RNR
是对方的1.8倍
$1.2B
营收增速更快
DFH
高出14.5%
-36.8%
净利率更高
RNR
高出18.7%
4.8%
两年增速更快
DFH
近两年复合增速
-11.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $2.2B |
| 净利润 | $58.8M | $515.8M |
| 毛利率 | — | — |
| 营业利润率 | 6.4% | — |
| 净利率 | 4.8% | 23.5% |
| 营收同比 | -22.3% | -36.8% |
| 净利润同比 | -54.9% | 72.6% |
| 每股收益（稀释后） | $0.57 | $6.57 |
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DFHRNR
| Q1 26 | — | $2.2B | ||
| Q4 25 | $1.2B | $3.0B | ||
| Q3 25 | $969.8M | $3.2B | ||
| Q2 25 | $1.2B | $3.2B | ||
| Q1 25 | $989.9M | $3.5B | ||
| Q4 24 | $1.6B | $2.3B | ||
| Q3 24 | $1.0B | $4.0B | ||
| Q2 24 | $1.1B | $2.8B |
净利润DFHRNR
| Q1 26 | — | $515.8M | ||
| Q4 25 | $58.8M | $760.5M | ||
| Q3 25 | $47.0M | $916.5M | ||
| Q2 25 | $56.6M | $835.4M | ||
| Q1 25 | $54.9M | $170.0M | ||
| Q4 24 | $130.5M | $-189.7M | ||
| Q3 24 | $70.7M | $1.2B | ||
| Q2 24 | $80.9M | $503.9M |
毛利率DFHRNR
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 19.2% | — |
营业利润率DFHRNR
| Q1 26 | — | — | ||
| Q4 25 | 6.4% | 42.5% | ||
| Q3 25 | 6.3% | 46.3% | ||
| Q2 25 | 6.4% | 41.8% | ||
| Q1 25 | 7.2% | -2.0% | ||
| Q4 24 | 10.8% | -3.6% | ||
| Q3 24 | 9.2% | 43.7% | ||
| Q2 24 | 10.0% | 25.0% |
净利率DFHRNR
| Q1 26 | — | 23.5% | ||
| Q4 25 | 4.8% | 25.6% | ||
| Q3 25 | 4.8% | 28.7% | ||
| Q2 25 | 4.9% | 26.1% | ||
| Q1 25 | 5.5% | 4.9% | ||
| Q4 24 | 8.4% | -8.3% | ||
| Q3 24 | 7.0% | 29.8% | ||
| Q2 24 | 7.7% | 17.8% |
每股收益（稀释后）DFHRNR
| Q1 26 | — | $6.57 | ||
| Q4 25 | $0.57 | $16.16 | ||
| Q3 25 | $0.47 | $19.40 | ||
| Q2 25 | $0.56 | $17.20 | ||
| Q1 25 | $0.54 | $3.27 | ||
| Q4 24 | $1.28 | $-3.76 | ||
| Q3 24 | $0.70 | $22.62 | ||
| Q2 24 | $0.81 | $9.41 |
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 | $234.8M | $1.6B |
| 总债务越低越好 | $1.6B | — |
| 股东权益账面价值 | $1.4B | $4.3B |
| 总资产 | $3.7B | $53.7B |
| 负债/权益比越低杠杆越低 | 1.13× | — |
8季度趋势，按日历期对齐
现金及短期投资DFHRNR
| Q1 26 | — | $1.6B | ||
| Q4 25 | $234.8M | $1.7B | ||
| Q3 25 | $251.0M | $1.7B | ||
| Q2 25 | $210.3M | $1.4B | ||
| Q1 25 | $297.5M | $1.6B | ||
| Q4 24 | $274.4M | $1.7B | ||
| Q3 24 | $204.9M | $1.6B | ||
| Q2 24 | $274.8M | $1.6B |
总债务DFHRNR
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $2.3B | ||
| Q3 25 | $1.8B | $2.2B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | $1.3B | $1.9B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $2.0B |
股东权益DFHRNR
| Q1 26 | — | $4.3B | ||
| Q4 25 | $1.4B | $11.6B | ||
| Q3 25 | $1.4B | $11.5B | ||
| Q2 25 | $1.3B | $10.8B | ||
| Q1 25 | $1.3B | $10.3B | ||
| Q4 24 | $1.2B | $10.6B | ||
| Q3 24 | $1.1B | $11.2B | ||
| Q2 24 | $1.0B | $10.2B |
总资产DFHRNR
| Q1 26 | — | $53.7B | ||
| Q4 25 | $3.7B | $53.8B | ||
| Q3 25 | $3.8B | $54.5B | ||
| Q2 25 | $3.7B | $54.7B | ||
| Q1 25 | $3.5B | $53.6B | ||
| Q4 24 | $3.3B | $50.7B | ||
| Q3 24 | $3.3B | $52.8B | ||
| Q2 24 | $3.0B | $51.6B |
负债/权益比DFHRNR
| Q1 26 | — | — | ||
| Q4 25 | 1.13× | 0.20× | ||
| Q3 25 | 1.29× | 0.19× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | 1.03× | 0.18× | ||
| Q3 24 | — | 0.17× | ||
| Q2 24 | — | 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 | $143.6M | — |
| 自由现金流经营现金流 - 资本支出 | $136.0M | — |
| 自由现金流率自由现金流/营收 | 11.2% | — |
| 资本支出强度资本支出/营收 | 0.6% | — |
| 现金转化率经营现金流/净利润 | 2.44× | — |
| 过去12个月自由现金流最近4个季度 | $-126.4M | — |
8季度趋势，按日历期对齐
经营现金流DFHRNR
| Q1 26 | — | — | ||
| Q4 25 | $143.6M | $483.0M | ||
| Q3 25 | $-131.0M | $1.6B | ||
| Q2 25 | $-68.5M | $1.5B | ||
| Q1 25 | $-44.7M | $157.8M | ||
| Q4 24 | $306.5M | $778.9M | ||
| Q3 24 | $-205.0M | $1.5B | ||
| Q2 24 | $-110.6M | $1.2B |
自由现金流DFHRNR
| Q1 26 | — | — | ||
| Q4 25 | $136.0M | — | ||
| Q3 25 | $-135.7M | — | ||
| Q2 25 | $-78.8M | — | ||
| Q1 25 | $-47.9M | — | ||
| Q4 24 | $302.6M | — | ||
| Q3 24 | $-222.5M | — | ||
| Q2 24 | $-112.4M | — |
自由现金流率DFHRNR
| Q1 26 | — | — | ||
| Q4 25 | 11.2% | — | ||
| Q3 25 | -14.0% | — | ||
| Q2 25 | -6.8% | — | ||
| Q1 25 | -4.8% | — | ||
| Q4 24 | 19.4% | — | ||
| Q3 24 | -22.1% | — | ||
| Q2 24 | -10.6% | — |
资本支出强度DFHRNR
| Q1 26 | — | — | ||
| Q4 25 | 0.6% | — | ||
| Q3 25 | 0.5% | — | ||
| Q2 25 | 0.9% | — | ||
| Q1 25 | 0.3% | — | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 1.7% | — | ||
| Q2 24 | 0.2% | — |
现金转化率DFHRNR
| Q1 26 | — | — | ||
| Q4 25 | 2.44× | 0.64× | ||
| Q3 25 | -2.79× | 1.73× | ||
| Q2 25 | -1.21× | 1.76× | ||
| Q1 25 | -0.81× | 0.93× | ||
| Q4 24 | 2.35× | — | ||
| Q3 24 | -2.90× | 1.26× | ||
| Q2 24 | -1.37× | 2.41× |
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
DFH
| Midwest Segment | $454.2M | 37% |
| Southeast Segment | $397.5M | 33% |
| Mid Atlantic Segment | $307.3M | 25% |
| Financial Services Segment | $53.7M | 4% |
RNR
暂无分部数据
