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First American Financial Corp（FAF）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First American Financial Corp的1.1倍（$2.2B vs $2.0B），RENAISSANCERE HOLDINGS LTD净利率更高（23.5% vs 10.3%，领先13.2%），First American Financial Corp同比增速更快（21.6% vs -36.8%），过去两年First American Financial Corp的营收复合增速更高（19.9% vs -11.9%）
第一美国金融公司是美国知名金融服务企业，主要面向房地产及抵押贷款行业开展业务，核心服务涵盖产权保险、房产交易与抵押业务相关的交割结算服务，在全球地产金融服务领域具备成熟的服务能力与较高的行业认可度。
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。
FAF vs RNR — 直观对比
营收规模更大
RNR
是对方的1.1倍
$2.0B
营收增速更快
FAF
高出58.4%
-36.8%
净利率更高
RNR
高出13.2%
10.3%
两年增速更快
FAF
近两年复合增速
-11.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $2.2B |
| 净利润 | $211.9M | $515.8M |
| 毛利率 | — | — |
| 营业利润率 | 14.0% | — |
| 净利率 | 10.3% | 23.5% |
| 营收同比 | 21.6% | -36.8% |
| 净利润同比 | 192.7% | 72.6% |
| 每股收益（稀释后） | $2.04 | $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FAFRNR
| Q1 26 | — | $2.2B | ||
| Q4 25 | $2.0B | $3.0B | ||
| Q3 25 | $2.0B | $3.2B | ||
| Q2 25 | $1.8B | $3.2B | ||
| Q1 25 | $1.6B | $3.5B | ||
| Q4 24 | $1.7B | $2.3B | ||
| Q3 24 | $1.4B | $4.0B | ||
| Q2 24 | $1.6B | $2.8B |
净利润FAFRNR
| Q1 26 | — | $515.8M | ||
| Q4 25 | $211.9M | $760.5M | ||
| Q3 25 | $189.6M | $916.5M | ||
| Q2 25 | $146.1M | $835.4M | ||
| Q1 25 | $74.2M | $170.0M | ||
| Q4 24 | $72.4M | $-189.7M | ||
| Q3 24 | $-104.0M | $1.2B | ||
| Q2 24 | $116.0M | $503.9M |
营业利润率FAFRNR
| Q1 26 | — | — | ||
| Q4 25 | 14.0% | 42.5% | ||
| Q3 25 | 12.5% | 46.3% | ||
| Q2 25 | 10.6% | 41.8% | ||
| Q1 25 | 6.1% | -2.0% | ||
| Q4 24 | 5.9% | -3.6% | ||
| Q3 24 | -10.3% | 43.7% | ||
| Q2 24 | 9.4% | 25.0% |
净利率FAFRNR
| Q1 26 | — | 23.5% | ||
| Q4 25 | 10.3% | 25.6% | ||
| Q3 25 | 9.6% | 28.7% | ||
| Q2 25 | 7.9% | 26.1% | ||
| Q1 25 | 4.7% | 4.9% | ||
| Q4 24 | 4.3% | -8.3% | ||
| Q3 24 | -7.4% | 29.8% | ||
| Q2 24 | 7.2% | 17.8% |
每股收益（稀释后）FAFRNR
| Q1 26 | — | $6.57 | ||
| Q4 25 | $2.04 | $16.16 | ||
| Q3 25 | $1.84 | $19.40 | ||
| Q2 25 | $1.41 | $17.20 | ||
| Q1 25 | $0.71 | $3.27 | ||
| Q4 24 | $0.70 | $-3.76 | ||
| Q3 24 | $-1.00 | $22.62 | ||
| Q2 24 | $1.11 | $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 | $1.4B | $1.6B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.5B | $4.3B |
| 总资产 | $16.2B | $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FAFRNR
| Q1 26 | — | $1.6B | ||
| Q4 25 | $1.4B | $1.7B | ||
| Q3 25 | $2.9B | $1.7B | ||
| Q2 25 | $2.0B | $1.4B | ||
| Q1 25 | $2.0B | $1.6B | ||
| Q4 24 | $1.7B | $1.7B | ||
| Q3 24 | $3.0B | $1.6B | ||
| Q2 24 | $2.0B | $1.6B |
总债务FAFRNR
| 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FAFRNR
| Q1 26 | — | $4.3B | ||
| Q4 25 | $5.5B | $11.6B | ||
| Q3 25 | $5.3B | $11.5B | ||
| Q2 25 | $5.1B | $10.8B | ||
| Q1 25 | $5.0B | $10.3B | ||
| Q4 24 | $4.9B | $10.6B | ||
| Q3 24 | $5.1B | $11.2B | ||
| Q2 24 | $4.8B | $10.2B |
总资产FAFRNR
| Q1 26 | — | $53.7B | ||
| Q4 25 | $16.2B | $53.8B | ||
| Q3 25 | $17.6B | $54.5B | ||
| Q2 25 | $16.3B | $54.7B | ||
| Q1 25 | $15.5B | $53.6B | ||
| Q4 24 | $14.9B | $50.7B | ||
| Q3 24 | $16.6B | $52.8B | ||
| Q2 24 | $15.2B | $51.6B |
负债/权益比FAFRNR
| 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 | $369.3M | — |
| 自由现金流经营现金流 - 资本支出 | $324.5M | — |
| 自由现金流率自由现金流/营收 | 15.8% | — |
| 资本支出强度资本支出/营收 | 2.2% | — |
| 现金转化率经营现金流/净利润 | 1.74× | — |
| 过去12个月自由现金流最近4个季度 | $762.5M | — |
8季度趋势，按日历期对齐
经营现金流FAFRNR
| Q1 26 | — | — | ||
| Q4 25 | $369.3M | $483.0M | ||
| Q3 25 | $272.5M | $1.6B | ||
| Q2 25 | $361.8M | $1.5B | ||
| Q1 25 | $-52.8M | $157.8M | ||
| Q4 24 | $324.6M | $778.9M | ||
| Q3 24 | $236.9M | $1.5B | ||
| Q2 24 | $266.7M | $1.2B |
自由现金流FAFRNR
| Q1 26 | — | — | ||
| Q4 25 | $324.5M | — | ||
| Q3 25 | $223.1M | — | ||
| Q2 25 | $309.4M | — | ||
| Q1 25 | $-94.5M | — | ||
| Q4 24 | $266.2M | — | ||
| Q3 24 | $185.4M | — | ||
| Q2 24 | $210.0M | — |
自由现金流率FAFRNR
| Q1 26 | — | — | ||
| Q4 25 | 15.8% | — | ||
| Q3 25 | 11.3% | — | ||
| Q2 25 | 16.8% | — | ||
| Q1 25 | -6.0% | — | ||
| Q4 24 | 15.8% | — | ||
| Q3 24 | 13.2% | — | ||
| Q2 24 | 13.0% | — |
资本支出强度FAFRNR
| Q1 26 | — | — | ||
| Q4 25 | 2.2% | — | ||
| Q3 25 | 2.5% | — | ||
| Q2 25 | 2.8% | — | ||
| Q1 25 | 2.6% | — | ||
| Q4 24 | 3.5% | — | ||
| Q3 24 | 3.7% | — | ||
| Q2 24 | 3.5% | — |
现金转化率FAFRNR
| Q1 26 | — | — | ||
| Q4 25 | 1.74× | 0.64× | ||
| Q3 25 | 1.44× | 1.73× | ||
| Q2 25 | 2.48× | 1.76× | ||
| Q1 25 | -0.71× | 0.93× | ||
| Q4 24 | 4.48× | — | ||
| Q3 24 | — | 1.26× | ||
| Q2 24 | 2.30× | 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
FAF
| Title Insurance And Services | $1.9B | 94% |
| Home Warranty | $110.3M | 5% |
RNR
暂无分部数据
