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Global Indemnity Group, LLC（GBLI）与RMR GROUP INC.（RMR）财务数据对比。点击上方公司名可切换其他公司
Global Indemnity Group, LLC的季度营收约是RMR GROUP INC.的1.7倍（$116.7M vs $66.7M），RMR GROUP INC.净利率更高（18.3% vs 5.5%，领先12.7%），RMR GROUP INC.同比增速更快（40.8% vs 7.6%）
Global Indemnity Group LLC是一家专业保险控股企业，提供定制化商业及个人财产意外险产品、保证保险与再保险解决方案，主要服务美国境内中小微企业及小众个人保险客群，聚焦传统保险覆盖不足的特殊风险领域。
RMR集团是总部位于美国的另类资产管理企业，核心业务聚焦不动产及相关投资，覆盖商业地产、住宅物业、基础设施等赛道，服务全球核心市场的机构投资者、高净值人士及零售客户。
GBLI vs RMR — 直观对比
营收规模更大
GBLI
是对方的1.7倍
$66.7M
营收增速更快
RMR
高出33.1%
7.6%
净利率更高
RMR
高出12.7%
5.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $116.7M | $66.7M |
| 净利润 | $6.5M | $12.2M |
| 毛利率 | — | — |
| 营业利润率 | 7.9% | 48.1% |
| 净利率 | 5.5% | 18.3% |
| 营收同比 | 7.6% | 40.8% |
| 净利润同比 | -28.5% | 91.1% |
| 每股收益（稀释后） | $0.48 | $0.71 |
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GBLIRMR
| Q4 25 | $116.7M | $66.7M | ||
| Q3 25 | $114.2M | — | ||
| Q2 25 | $110.5M | — | ||
| Q1 25 | $108.7M | — | ||
| Q4 24 | $108.4M | — | ||
| Q3 24 | $111.8M | — | ||
| Q2 24 | $108.7M | — | ||
| Q1 24 | $112.3M | — |
净利润GBLIRMR
| Q4 25 | $6.5M | $12.2M | ||
| Q3 25 | $12.5M | — | ||
| Q2 25 | $10.3M | — | ||
| Q1 25 | $-4.0M | — | ||
| Q4 24 | $9.0M | — | ||
| Q3 24 | $12.8M | — | ||
| Q2 24 | $10.1M | — | ||
| Q1 24 | $11.4M | — |
营业利润率GBLIRMR
| Q4 25 | 7.9% | 48.1% | ||
| Q3 25 | 14.1% | — | ||
| Q2 25 | 11.9% | — | ||
| Q1 25 | -4.7% | — | ||
| Q4 24 | 11.2% | — | ||
| Q3 24 | 14.2% | — | ||
| Q2 24 | 11.7% | — | ||
| Q1 24 | 12.7% | — |
净利率GBLIRMR
| Q4 25 | 5.5% | 18.3% | ||
| Q3 25 | 11.0% | — | ||
| Q2 25 | 9.4% | — | ||
| Q1 25 | -3.7% | — | ||
| Q4 24 | 8.3% | — | ||
| Q3 24 | 11.4% | — | ||
| Q2 24 | 9.3% | — | ||
| Q1 24 | 10.1% | — |
每股收益（稀释后）GBLIRMR
| Q4 25 | $0.48 | $0.71 | ||
| Q3 25 | $0.86 | — | ||
| Q2 25 | $0.71 | — | ||
| Q1 25 | $-0.30 | — | ||
| Q4 24 | $0.65 | — | ||
| Q3 24 | $0.92 | — | ||
| Q2 24 | $0.73 | — | ||
| Q1 24 | $0.82 | — |
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 | $65.5M | $49.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $706.6M | $232.7M |
| 总资产 | $1.7B | $687.1M |
| 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GBLIRMR
| Q4 25 | $65.5M | $49.3M | ||
| Q3 25 | $75.4M | — | ||
| Q2 25 | $67.3M | — | ||
| Q1 25 | $81.1M | — | ||
| Q4 24 | $17.0M | — | ||
| Q3 24 | $31.0M | — | ||
| Q2 24 | $46.7M | — | ||
| Q1 24 | $38.9M | — |
股东权益GBLIRMR
| Q4 25 | $706.6M | $232.7M | ||
| Q3 25 | $704.1M | — | ||
| Q2 25 | $695.3M | — | ||
| Q1 25 | $687.1M | — | ||
| Q4 24 | $689.1M | — | ||
| Q3 24 | $686.7M | — | ||
| Q2 24 | $667.5M | — | ||
| Q1 24 | $659.5M | — |
总资产GBLIRMR
| Q4 25 | $1.7B | $687.1M | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | $1.7B | — | ||
| Q1 24 | $1.7B | — |
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 | $9.1M | $10.7M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 1.40× | 0.88× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流GBLIRMR
| Q4 25 | $9.1M | $10.7M | ||
| Q3 25 | $5.7M | — | ||
| Q2 25 | $7.0M | — | ||
| Q1 25 | $2.4M | — | ||
| Q4 24 | $38.8M | — | ||
| Q3 24 | $15.3M | — | ||
| Q2 24 | $14.3M | — | ||
| Q1 24 | $22.7M | — |
现金转化率GBLIRMR
| Q4 25 | 1.40× | 0.88× | ||
| Q3 25 | 0.45× | — | ||
| Q2 25 | 0.68× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.30× | — | ||
| Q3 24 | 1.20× | — | ||
| Q2 24 | 1.41× | — | ||
| Q1 24 | 2.00× | — |
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
GBLI
| Belmont Core | $99.2M | 85% |
| Agency And Insurance Services | $13.8M | 12% |
| Other | $3.7M | 3% |
RMR
| Management Service Incentive | $23.6M | 35% |
| Industrial Logistics Properties Trust | $15.1M | 23% |
| Managed Private Real Estate Capital | $11.1M | 17% |
| Office Properties Income Trust | $5.6M | 8% |
| Other Private Entities | $5.3M | 8% |
| RMR Residential | $3.4M | 5% |
| Sonesta International Hotels Corporation | $2.1M | 3% |
| Investment Advisory Management And Administrative Service | $1.2M | 2% |
