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eXp World Holdings, Inc.（EXPI）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eXp World Holdings, Inc.的1.8倍（$2.2B vs $1.2B），RENAISSANCERE HOLDINGS LTD净利率更高（23.5% vs -1.1%，领先24.6%），eXp World Holdings, Inc.同比增速更快（8.5% vs -36.8%），过去两年eXp World Holdings, Inc.的营收复合增速更高（12.4% vs -11.9%）
eXp World Holdings是全球云原生房地产服务提供商，运营eXp Realty经纪网络，依托沉浸式3D虚拟园区支持代理人协作与日常运营，业务覆盖全球20余个国家的住宅及商业地产市场，同时提供按揭贷款、产权保险、从业者职业培训等配套服务。
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。
EXPI 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
EXPI
高出45.3%
-36.8%
净利率更高
RNR
高出24.6%
-1.1%
两年增速更快
EXPI
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 | $-12.9M | $515.8M |
| 毛利率 | — | — |
| 营业利润率 | -1.1% | — |
| 净利率 | -1.1% | 23.5% |
| 营收同比 | 8.5% | -36.8% |
| 净利润同比 | -35.7% | 72.6% |
| 每股收益（稀释后） | $-0.08 | $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EXPIRNR
| Q1 26 | — | $2.2B | ||
| Q4 25 | $1.2B | $3.0B | ||
| Q3 25 | $1.3B | $3.2B | ||
| Q2 25 | $1.3B | $3.2B | ||
| Q1 25 | $954.9M | $3.5B | ||
| Q4 24 | $1.1B | $2.3B | ||
| Q3 24 | $1.2B | $4.0B | ||
| Q2 24 | $1.3B | $2.8B |
净利润EXPIRNR
| Q1 26 | — | $515.8M | ||
| Q4 25 | $-12.9M | $760.5M | ||
| Q3 25 | $3.5M | $916.5M | ||
| Q2 25 | $-2.3M | $835.4M | ||
| Q1 25 | $-11.0M | $170.0M | ||
| Q4 24 | $-9.5M | $-189.7M | ||
| Q3 24 | $-8.5M | $1.2B | ||
| Q2 24 | $12.4M | $503.9M |
毛利率EXPIRNR
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 99.9% | — | ||
| Q2 24 | 99.9% | — |
营业利润率EXPIRNR
| Q1 26 | — | — | ||
| Q4 25 | -1.1% | 42.5% | ||
| Q3 25 | 0.3% | 46.3% | ||
| Q2 25 | -0.2% | 41.8% | ||
| Q1 25 | -1.1% | -2.0% | ||
| Q4 24 | -1.0% | -3.6% | ||
| Q3 24 | -0.7% | 43.7% | ||
| Q2 24 | 1.4% | 25.0% |
净利率EXPIRNR
| Q1 26 | — | 23.5% | ||
| Q4 25 | -1.1% | 25.6% | ||
| Q3 25 | 0.3% | 28.7% | ||
| Q2 25 | -0.2% | 26.1% | ||
| Q1 25 | -1.2% | 4.9% | ||
| Q4 24 | -0.9% | -8.3% | ||
| Q3 24 | -0.7% | 29.8% | ||
| Q2 24 | 1.0% | 17.8% |
每股收益（稀释后）EXPIRNR
| Q1 26 | — | $6.57 | ||
| Q4 25 | $-0.08 | $16.16 | ||
| Q3 25 | $0.02 | $19.40 | ||
| Q2 25 | $-0.01 | $17.20 | ||
| Q1 25 | $-0.07 | $3.27 | ||
| Q4 24 | $-0.06 | $-3.76 | ||
| Q3 24 | $-0.06 | $22.62 | ||
| Q2 24 | $0.08 | $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 | $124.2M | $1.6B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $242.8M | $4.3B |
| 总资产 | $442.5M | $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EXPIRNR
| Q1 26 | — | $1.6B | ||
| Q4 25 | $124.2M | $1.7B | ||
| Q3 25 | $112.8M | $1.7B | ||
| Q2 25 | $94.6M | $1.4B | ||
| Q1 25 | $115.7M | $1.6B | ||
| Q4 24 | $113.6M | $1.7B | ||
| Q3 24 | $130.4M | $1.6B | ||
| Q2 24 | $108.4M | $1.6B |
总债务EXPIRNR
| 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EXPIRNR
| Q1 26 | — | $4.3B | ||
| Q4 25 | $242.8M | $11.6B | ||
| Q3 25 | $235.3M | $11.5B | ||
| Q2 25 | $218.4M | $10.8B | ||
| Q1 25 | $212.0M | $10.3B | ||
| Q4 24 | $204.9M | $10.6B | ||
| Q3 24 | $211.1M | $11.2B | ||
| Q2 24 | $220.3M | $10.2B |
总资产EXPIRNR
| Q1 26 | — | $53.7B | ||
| Q4 25 | $442.5M | $53.8B | ||
| Q3 25 | $458.7M | $54.5B | ||
| Q2 25 | $481.2M | $54.7B | ||
| Q1 25 | $435.8M | $53.6B | ||
| Q4 24 | $390.7M | $50.7B | ||
| Q3 24 | $432.6M | $52.8B | ||
| Q2 24 | $457.4M | $51.6B |
负债/权益比EXPIRNR
| 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 | $13.8M | — |
| 自由现金流经营现金流 - 资本支出 | $11.9M | — |
| 自由现金流率自由现金流/营收 | 1.0% | — |
| 资本支出强度资本支出/营收 | 0.2% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $109.0M | — |
8季度趋势，按日历期对齐
经营现金流EXPIRNR
| Q1 26 | — | — | ||
| Q4 25 | $13.8M | $483.0M | ||
| Q3 25 | $28.9M | $1.6B | ||
| Q2 25 | $36.1M | $1.5B | ||
| Q1 25 | $39.8M | $157.8M | ||
| Q4 24 | $13.7M | $778.9M | ||
| Q3 24 | $46.0M | $1.5B | ||
| Q2 24 | $71.1M | $1.2B |
自由现金流EXPIRNR
| Q1 26 | — | — | ||
| Q4 25 | $11.9M | — | ||
| Q3 25 | $26.6M | — | ||
| Q2 25 | $33.3M | — | ||
| Q1 25 | $37.3M | — | ||
| Q4 24 | $11.6M | — | ||
| Q3 24 | $44.4M | — | ||
| Q2 24 | $69.7M | — |
自由现金流率EXPIRNR
| Q1 26 | — | — | ||
| Q4 25 | 1.0% | — | ||
| Q3 25 | 2.0% | — | ||
| Q2 25 | 2.5% | — | ||
| Q1 25 | 3.9% | — | ||
| Q4 24 | 1.1% | — | ||
| Q3 24 | 3.6% | — | ||
| Q2 24 | 5.4% | — |
资本支出强度EXPIRNR
| Q1 26 | — | — | ||
| Q4 25 | 0.2% | — | ||
| Q3 25 | 0.2% | — | ||
| Q2 25 | 0.2% | — | ||
| Q1 25 | 0.3% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 0.1% | — |
现金转化率EXPIRNR
| Q1 26 | — | — | ||
| Q4 25 | — | 0.64× | ||
| Q3 25 | 8.26× | 1.73× | ||
| Q2 25 | — | 1.76× | ||
| Q1 25 | — | 0.93× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.26× | ||
| Q2 24 | 5.75× | 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
EXPI
| North American Realty | $1.1B | 96% |
| International Realty | $42.2M | 4% |
RNR
暂无分部数据
