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GENWORTH FINANCIAL INC（GNW）与OLD REPUBLIC INTERNATIONAL CORP（ORI）财务数据对比。点击上方公司名可切换其他公司
OLD REPUBLIC INTERNATIONAL CORP的季度营收约是GENWORTH FINANCIAL INC的1.3倍（$2.4B vs $1.8B），OLD REPUBLIC INTERNATIONAL CORP净利率更高（13.8% vs 0.1%，领先13.6%），OLD REPUBLIC INTERNATIONAL CORP同比增速更快（6.7% vs 0.1%），过去两年OLD REPUBLIC INTERNATIONAL CORP的营收复合增速更高（13.2% vs -2.2%）
Genworth Financial是总部位于美国弗吉尼亚州里士满的金融服务企业，核心业务涵盖人寿保险、长期护理保险、按揭保险以及年金产品，为客户提供多元风险管理与财富保障解决方案。
Old Republic International Corp是一家总部位于美国伊利诺伊州芝加哥的保险企业，核心业务覆盖财产保险、产权保险两大领域，深耕行业多年，具备成熟的风险防控能力与完善的服务体系，可为各类客户提供专业可靠的保险产品及相关解决方案。
GNW vs ORI — 直观对比
营收规模更大
ORI
是对方的1.3倍
$1.8B
营收增速更快
ORI
高出6.6%
0.1%
净利率更高
ORI
高出13.6%
0.1%
两年增速更快
ORI
近两年复合增速
-2.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $2.4B |
| 净利润 | $2.0M | $330.0M |
| 毛利率 | — | — |
| 营业利润率 | 1.0% | — |
| 净利率 | 0.1% | 13.8% |
| 营收同比 | 0.1% | 6.7% |
| 净利润同比 | 300.0% | 34.7% |
| 每股收益（稀释后） | $0.01 | — |
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GNWORI
| Q1 26 | — | $2.4B | ||
| Q4 25 | $1.8B | $2.4B | ||
| Q3 25 | $1.9B | $2.4B | ||
| Q2 25 | $1.8B | $2.2B | ||
| Q1 25 | $1.8B | $2.1B | ||
| Q4 24 | $1.8B | $2.0B | ||
| Q3 24 | $1.9B | $2.3B | ||
| Q2 24 | $1.8B | $1.9B |
净利润GNWORI
| Q1 26 | — | $330.0M | ||
| Q4 25 | $2.0M | $206.5M | ||
| Q3 25 | $116.0M | $279.5M | ||
| Q2 25 | $51.0M | $204.4M | ||
| Q1 25 | $54.0M | $245.0M | ||
| Q4 24 | $-1.0M | $105.3M | ||
| Q3 24 | $85.0M | $338.9M | ||
| Q2 24 | $76.0M | $91.8M |
营业利润率GNWORI
| Q1 26 | — | — | ||
| Q4 25 | 1.0% | — | ||
| Q3 25 | 8.5% | 14.6% | ||
| Q2 25 | 3.8% | 11.8% | ||
| Q1 25 | 2.9% | 14.6% | ||
| Q4 24 | 3.1% | — | ||
| Q3 24 | 2.6% | 18.2% | ||
| Q2 24 | 7.1% | 6.1% |
净利率GNWORI
| Q1 26 | — | 13.8% | ||
| Q4 25 | 0.1% | 8.6% | ||
| Q3 25 | 6.0% | 11.5% | ||
| Q2 25 | 2.8% | 9.3% | ||
| Q1 25 | 3.0% | 11.6% | ||
| Q4 24 | -0.1% | 5.3% | ||
| Q3 24 | 4.5% | 14.5% | ||
| Q2 24 | 4.3% | 4.9% |
每股收益（稀释后）GNWORI
| Q1 26 | — | — | ||
| Q4 25 | $0.01 | $0.82 | ||
| Q3 25 | $0.28 | $1.11 | ||
| Q2 25 | $0.12 | $0.81 | ||
| Q1 25 | $0.13 | $0.98 | ||
| Q4 24 | $0.01 | $0.42 | ||
| Q3 24 | $0.19 | $1.32 | ||
| Q2 24 | $0.17 | $0.35 |
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 | — | — |
| 总债务越低越好 | $1.5B | — |
| 股东权益账面价值 | $8.8B | $5.9M |
| 总资产 | $88.1B | $29.6M |
| 负债/权益比越低杠杆越低 | 0.17× | — |
8季度趋势，按日历期对齐
总债务GNWORI
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.6B | — |
股东权益GNWORI
| Q1 26 | — | $5.9M | ||
| Q4 25 | $8.8B | $5.9B | ||
| Q3 25 | $8.8B | $6.4B | ||
| Q2 25 | $8.8B | $6.2B | ||
| Q1 25 | $8.7B | $5.9B | ||
| Q4 24 | $8.5B | $5.6B | ||
| Q3 24 | $8.3B | $6.4B | ||
| Q2 24 | $8.5B | $6.0B |
总资产GNWORI
| Q1 26 | — | $29.6M | ||
| Q4 25 | $88.1B | $29.9B | ||
| Q3 25 | $88.5B | $30.3B | ||
| Q2 25 | $87.3B | $29.3B | ||
| Q1 25 | $87.3B | $28.0B | ||
| Q4 24 | $86.9B | $27.8B | ||
| Q3 24 | $90.8B | $28.8B | ||
| Q2 24 | $87.5B | $27.5B |
负债/权益比GNWORI
| Q1 26 | — | — | ||
| Q4 25 | 0.17× | — | ||
| Q3 25 | 0.17× | — | ||
| Q2 25 | 0.17× | — | ||
| Q1 25 | 0.17× | — | ||
| Q4 24 | 0.18× | — | ||
| Q3 24 | 0.19× | — | ||
| Q2 24 | 0.18× | — |
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 | $200.0M | — |
| 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 | 100.00× | — |
| 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GNWORI
| Q1 26 | — | — | ||
| Q4 25 | $200.0M | $234.9M | ||
| Q3 25 | $87.0M | $563.9M | ||
| Q2 25 | $6.0M | $133.8M | ||
| Q1 25 | $34.0M | $231.7M | ||
| Q4 24 | $27.0M | $361.7M | ||
| Q3 24 | $161.0M | $474.8M | ||
| Q2 24 | $7.0M | $236.5M |
现金转化率GNWORI
| Q1 26 | — | — | ||
| Q4 25 | 100.00× | 1.14× | ||
| Q3 25 | 0.75× | 2.02× | ||
| Q2 25 | 0.12× | 0.65× | ||
| Q1 25 | 0.63× | 0.95× | ||
| Q4 24 | — | 3.43× | ||
| Q3 24 | 1.89× | 1.40× | ||
| Q2 24 | 0.09× | 2.58× |
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
GNW
| Enact Segment | $1.3B | 70% |
| Other | $386.0M | 22% |
| Annuities | $106.0M | 6% |
| Utilities | $20.0M | 1% |
| Consumer Cyclical | $17.0M | 1% |
| Energy | $4.0M | 0% |
ORI
| operating | $2.2B | 92% |
| Other | $201.8M | 8% |
