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EPAM Systems（EPAM）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EPAM Systems的1.6倍（$2.2B vs $1.4B），RENAISSANCERE HOLDINGS LTD净利率更高（23.5% vs 7.8%，领先15.7%），EPAM Systems同比增速更快（12.8% vs -36.8%），过去两年EPAM Systems的营收复合增速更高（9.9% vs -11.9%）
EPAM Systems是总部位于美国宾夕法尼亚州纽敦的企业，核心业务涵盖软件工程服务、数字平台研发、数字产品设计三大板块，同时是MACH联盟的创始成员，在全球数字化服务赛道拥有深厚的技术积累与行业认可度。
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。
EPAM vs RNR — 直观对比
营收规模更大
RNR
是对方的1.6倍
$1.4B
营收增速更快
EPAM
高出49.5%
-36.8%
净利率更高
RNR
高出15.7%
7.8%
两年增速更快
EPAM
近两年复合增速
-11.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $2.2B |
| 净利润 | $109.4M | $515.8M |
| 毛利率 | 30.1% | — |
| 营业利润率 | 10.6% | — |
| 净利率 | 7.8% | 23.5% |
| 营收同比 | 12.8% | -36.8% |
| 净利润同比 | 5.9% | 72.6% |
| 每股收益（稀释后） | $1.97 | $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EPAMRNR
| Q1 26 | — | $2.2B | ||
| Q4 25 | $1.4B | $3.0B | ||
| Q3 25 | $1.4B | $3.2B | ||
| Q2 25 | $1.4B | $3.2B | ||
| Q1 25 | $1.3B | $3.5B | ||
| Q4 24 | $1.2B | $2.3B | ||
| Q3 24 | $1.2B | $4.0B | ||
| Q2 24 | $1.1B | $2.8B |
净利润EPAMRNR
| Q1 26 | — | $515.8M | ||
| Q4 25 | $109.4M | $760.5M | ||
| Q3 25 | $106.8M | $916.5M | ||
| Q2 25 | $88.0M | $835.4M | ||
| Q1 25 | $73.5M | $170.0M | ||
| Q4 24 | $103.3M | $-189.7M | ||
| Q3 24 | $136.3M | $1.2B | ||
| Q2 24 | $98.6M | $503.9M |
毛利率EPAMRNR
| Q1 26 | — | — | ||
| Q4 25 | 30.1% | — | ||
| Q3 25 | 29.5% | — | ||
| Q2 25 | 28.8% | — | ||
| Q1 25 | 26.9% | — | ||
| Q4 24 | 30.4% | — | ||
| Q3 24 | 34.6% | — | ||
| Q2 24 | 29.3% | — |
营业利润率EPAMRNR
| Q1 26 | — | — | ||
| Q4 25 | 10.6% | 42.5% | ||
| Q3 25 | 10.4% | 46.3% | ||
| Q2 25 | 9.3% | 41.8% | ||
| Q1 25 | 7.6% | -2.0% | ||
| Q4 24 | 10.9% | -3.6% | ||
| Q3 24 | 15.2% | 43.7% | ||
| Q2 24 | 10.5% | 25.0% |
净利率EPAMRNR
| Q1 26 | — | 23.5% | ||
| Q4 25 | 7.8% | 25.6% | ||
| Q3 25 | 7.7% | 28.7% | ||
| Q2 25 | 6.5% | 26.1% | ||
| Q1 25 | 5.6% | 4.9% | ||
| Q4 24 | 8.3% | -8.3% | ||
| Q3 24 | 11.7% | 29.8% | ||
| Q2 24 | 8.6% | 17.8% |
每股收益（稀释后）EPAMRNR
| Q1 26 | — | $6.57 | ||
| Q4 25 | $1.97 | $16.16 | ||
| Q3 25 | $1.91 | $19.40 | ||
| Q2 25 | $1.56 | $17.20 | ||
| Q1 25 | $1.28 | $3.27 | ||
| Q4 24 | $1.80 | $-3.76 | ||
| Q3 24 | $2.37 | $22.62 | ||
| Q2 24 | $1.70 | $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 | $1.3B | $1.6B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.7B | $4.3B |
| 总资产 | $4.9B | $53.7B |
| 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EPAMRNR
| Q1 26 | — | $1.6B | ||
| Q4 25 | $1.3B | $1.7B | ||
| Q3 25 | $1.2B | $1.7B | ||
| Q2 25 | $1.0B | $1.4B | ||
| Q1 25 | $1.2B | $1.6B | ||
| Q4 24 | $1.3B | $1.7B | ||
| Q3 24 | $2.1B | $1.6B | ||
| Q2 24 | $1.8B | $1.6B |
总债务EPAMRNR
| Q1 26 | — | — | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $2.0B |
股东权益EPAMRNR
| Q1 26 | — | $4.3B | ||
| Q4 25 | $3.7B | $11.6B | ||
| Q3 25 | $3.7B | $11.5B | ||
| Q2 25 | $3.7B | $10.8B | ||
| Q1 25 | $3.6B | $10.3B | ||
| Q4 24 | $3.6B | $10.6B | ||
| Q3 24 | $3.6B | $11.2B | ||
| Q2 24 | $3.4B | $10.2B |
总资产EPAMRNR
| Q1 26 | — | $53.7B | ||
| Q4 25 | $4.9B | $53.8B | ||
| Q3 25 | $4.8B | $54.5B | ||
| Q2 25 | $4.7B | $54.7B | ||
| Q1 25 | $4.7B | $53.6B | ||
| Q4 24 | $4.8B | $50.7B | ||
| Q3 24 | $4.5B | $52.8B | ||
| Q2 24 | $4.2B | $51.6B |
负债/权益比EPAMRNR
| Q1 26 | — | — | ||
| Q4 25 | — | 0.20× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | — | 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 | $282.9M | — |
| 自由现金流经营现金流 - 资本支出 | $268.1M | — |
| 自由现金流率自由现金流/营收 | 19.0% | — |
| 资本支出强度资本支出/营收 | 1.1% | — |
| 现金转化率经营现金流/净利润 | 2.59× | — |
| 过去12个月自由现金流最近4个季度 | $612.7M | — |
8季度趋势，按日历期对齐
经营现金流EPAMRNR
| Q1 26 | — | — | ||
| Q4 25 | $282.9M | $483.0M | ||
| Q3 25 | $294.7M | $1.6B | ||
| Q2 25 | $53.2M | $1.5B | ||
| Q1 25 | $24.2M | $157.8M | ||
| Q4 24 | $130.3M | $778.9M | ||
| Q3 24 | $242.0M | $1.5B | ||
| Q2 24 | $57.0M | $1.2B |
自由现金流EPAMRNR
| Q1 26 | — | — | ||
| Q4 25 | $268.1M | — | ||
| Q3 25 | $286.4M | — | ||
| Q2 25 | $43.4M | — | ||
| Q1 25 | $14.8M | — | ||
| Q4 24 | $114.5M | — | ||
| Q3 24 | $237.0M | — | ||
| Q2 24 | $52.3M | — |
自由现金流率EPAMRNR
| Q1 26 | — | — | ||
| Q4 25 | 19.0% | — | ||
| Q3 25 | 20.5% | — | ||
| Q2 25 | 3.2% | — | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | 9.2% | — | ||
| Q3 24 | 20.3% | — | ||
| Q2 24 | 4.6% | — |
资本支出强度EPAMRNR
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | — | ||
| Q3 25 | 0.6% | — | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | 0.7% | — | ||
| Q4 24 | 1.3% | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 0.4% | — |
现金转化率EPAMRNR
| Q1 26 | — | — | ||
| Q4 25 | 2.59× | 0.64× | ||
| Q3 25 | 2.76× | 1.73× | ||
| Q2 25 | 0.60× | 1.76× | ||
| Q1 25 | 0.33× | 0.93× | ||
| Q4 24 | 1.26× | — | ||
| Q3 24 | 1.77× | 1.26× | ||
| Q2 24 | 0.58× | 2.41× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
