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Hamilton Insurance Group, Ltd.（HG）与RLI CORP（RLI）财务数据对比。点击上方公司名可切换其他公司
Hamilton Insurance Group, Ltd.的季度营收约是RLI CORP的1.6倍（$728.3M vs $465.7M），Hamilton Insurance Group, Ltd.净利率更高（29.5% vs 19.6%，领先9.9%），Hamilton Insurance Group, Ltd.同比增速更快（27.7% vs 6.1%），过去两年Hamilton Insurance Group, Ltd.的营收复合增速更高（5.2% vs 2.3%）
汉密尔顿保险集团有限公司是一家多元化的保险及相关金融服务控股公司，总部位于百慕大汉密尔顿。公司于1999年10月25日从美国特拉华州迁册至此，主要通过旗下保险子公司及其他关联机构开展核心业务，业务布局覆盖多元保险服务场景。
RLI Corp是一家总部位于美国伊利诺伊州皮奥里亚的专业保险公司，主营财产保险与意外伤害保险业务，深耕保险领域多年，凭借成熟的风险管控体系与定制化产品矩阵，为不同类型的客户提供全面可靠的风险保障服务。
HG vs RLI — 直观对比
营收规模更大
HG
是对方的1.6倍
$465.7M
营收增速更快
HG
高出21.6%
6.1%
净利率更高
HG
高出9.9%
19.6%
两年增速更快
HG
近两年复合增速
2.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $728.3M | $465.7M |
| 净利润 | $214.6M | $91.2M |
| 毛利率 | — | — |
| 营业利润率 | 26.0% | 24.4% |
| 净利率 | 29.5% | 19.6% |
| 营收同比 | 27.7% | 6.1% |
| 净利润同比 | 188.3% | 123.1% |
| 每股收益（稀释后） | $1.67 | $1.00 |
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HGRLI
| Q4 25 | $728.3M | $465.7M | ||
| Q3 25 | $667.6M | $509.3M | ||
| Q2 25 | $740.8M | $499.8M | ||
| Q1 25 | $768.8M | $407.7M | ||
| Q4 24 | $570.5M | $439.1M | ||
| Q3 24 | $512.8M | $470.0M | ||
| Q2 24 | $587.9M | $416.4M | ||
| Q1 24 | $658.6M | $444.8M |
净利润HGRLI
| Q4 25 | $214.6M | $91.2M | ||
| Q3 25 | $176.4M | $124.6M | ||
| Q2 25 | $267.8M | $124.3M | ||
| Q1 25 | $181.3M | $63.2M | ||
| Q4 24 | $74.4M | $40.9M | ||
| Q3 24 | $61.0M | $95.0M | ||
| Q2 24 | $200.4M | $82.0M | ||
| Q1 24 | $277.3M | $127.9M |
营业利润率HGRLI
| Q4 25 | 26.0% | 24.4% | ||
| Q3 25 | 27.0% | 30.9% | ||
| Q2 25 | 36.5% | 31.3% | ||
| Q1 25 | 24.0% | 19.3% | ||
| Q4 24 | 13.4% | 10.8% | ||
| Q3 24 | 12.5% | 24.9% | ||
| Q2 24 | 34.5% | 24.8% | ||
| Q1 24 | 42.2% | 36.0% |
净利率HGRLI
| Q4 25 | 29.5% | 19.6% | ||
| Q3 25 | 26.4% | 24.5% | ||
| Q2 25 | 36.1% | 24.9% | ||
| Q1 25 | 23.6% | 15.5% | ||
| Q4 24 | 13.0% | 9.3% | ||
| Q3 24 | 11.9% | 20.2% | ||
| Q2 24 | 34.1% | 19.7% | ||
| Q1 24 | 42.1% | 28.8% |
每股收益（稀释后）HGRLI
| Q4 25 | $1.67 | $1.00 | ||
| Q3 25 | $1.32 | $1.35 | ||
| Q2 25 | $1.79 | $1.34 | ||
| Q1 25 | $0.77 | $0.68 | ||
| Q4 24 | $0.35 | $-2.87 | ||
| Q3 24 | $0.74 | $2.06 | ||
| Q2 24 | $1.20 | $1.78 | ||
| Q1 24 | $1.38 | $2.77 |
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 | $1.1B | — |
| 总债务越低越好 | $149.7M | — |
| 股东权益账面价值 | $2.8B | $1.8B |
| 总资产 | $9.6B | $6.2B |
| 负债/权益比越低杠杆越低 | 0.05× | — |
8季度趋势，按日历期对齐
现金及短期投资HGRLI
| Q4 25 | $1.1B | — | ||
| Q3 25 | $955.1M | — | ||
| Q2 25 | $985.6M | — | ||
| Q1 25 | $838.5M | — | ||
| Q4 24 | $996.5M | — | ||
| Q3 24 | $957.4M | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $1.1B | — |
总债务HGRLI
| Q4 25 | $149.7M | — | ||
| Q3 25 | $149.7M | $100.0M | ||
| Q2 25 | $149.7M | $100.0M | ||
| Q1 25 | $150.0M | $100.0M | ||
| Q4 24 | $149.9M | $100.0M | ||
| Q3 24 | $149.9M | $100.0M | ||
| Q2 24 | $149.9M | $100.0M | ||
| Q1 24 | $149.9M | $100.0M |
股东权益HGRLI
| Q4 25 | $2.8B | $1.8B | ||
| Q3 25 | $2.7B | $1.9B | ||
| Q2 25 | $2.6B | $1.7B | ||
| Q1 25 | $2.4B | $1.6B | ||
| Q4 24 | $2.3B | $1.5B | ||
| Q3 24 | $2.3B | $1.7B | ||
| Q2 24 | $2.2B | $1.6B | ||
| Q1 24 | $2.2B | $1.5B |
总资产HGRLI
| Q4 25 | $9.6B | $6.2B | ||
| Q3 25 | $9.2B | $6.2B | ||
| Q2 25 | $8.9B | $6.0B | ||
| Q1 25 | $8.3B | $5.7B | ||
| Q4 24 | $7.8B | $5.6B | ||
| Q3 24 | $7.8B | $5.8B | ||
| Q2 24 | $7.6B | $5.5B | ||
| Q1 24 | $7.3B | $5.3B |
负债/权益比HGRLI
| Q4 25 | 0.05× | — | ||
| Q3 25 | 0.06× | 0.05× | ||
| Q2 25 | 0.06× | 0.06× | ||
| Q1 25 | 0.06× | 0.06× | ||
| Q4 24 | 0.06× | 0.07× | ||
| Q3 24 | 0.06× | 0.06× | ||
| Q2 24 | 0.07× | 0.06× | ||
| Q1 24 | 0.07× | 0.07× |
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 | $293.4M | $156.8M |
| 自由现金流经营现金流 - 资本支出 | — | $155.0M |
| 自由现金流率自由现金流/营收 | — | 33.3% |
| 资本支出强度资本支出/营收 | — | 0.4% |
| 现金转化率经营现金流/净利润 | 1.37× | 1.72× |
| 过去12个月自由现金流最近4个季度 | — | $608.7M |
8季度趋势，按日历期对齐
经营现金流HGRLI
| Q4 25 | $293.4M | $156.8M | ||
| Q3 25 | $295.6M | $179.2M | ||
| Q2 25 | $218.4M | $174.7M | ||
| Q1 25 | $34.9M | $103.5M | ||
| Q4 24 | $284.1M | $128.1M | ||
| Q3 24 | $160.6M | $219.4M | ||
| Q2 24 | $156.4M | $141.8M | ||
| Q1 24 | $158.2M | $70.9M |
自由现金流HGRLI
| Q4 25 | — | $155.0M | ||
| Q3 25 | — | $177.8M | ||
| Q2 25 | — | $173.4M | ||
| Q1 25 | — | $102.5M | ||
| Q4 24 | — | $127.6M | ||
| Q3 24 | — | $219.0M | ||
| Q2 24 | — | $139.1M | ||
| Q1 24 | — | $69.9M |
自由现金流率HGRLI
| Q4 25 | — | 33.3% | ||
| Q3 25 | — | 34.9% | ||
| Q2 25 | — | 34.7% | ||
| Q1 25 | — | 25.1% | ||
| Q4 24 | — | 29.0% | ||
| Q3 24 | — | 46.6% | ||
| Q2 24 | — | 33.4% | ||
| Q1 24 | — | 15.7% |
资本支出强度HGRLI
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.7% | ||
| Q1 24 | — | 0.2% |
现金转化率HGRLI
| Q4 25 | 1.37× | 1.72× | ||
| Q3 25 | 1.68× | 1.44× | ||
| Q2 25 | 0.82× | 1.41× | ||
| Q1 25 | 0.19× | 1.64× | ||
| Q4 24 | 3.82× | 3.13× | ||
| Q3 24 | 2.63× | 2.31× | ||
| Q2 24 | 0.78× | 1.73× | ||
| Q1 24 | 0.57× | 0.55× |
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
HG
暂无分部数据
RLI
| Casualty Segment | $246.8M | 53% |
| Property Insurance Segment | $122.5M | 26% |
| Other | $59.3M | 13% |
| Surety Insurance Segment | $37.1M | 8% |
