vs
Host Hotels & Resorts（HST）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Host Hotels & Resorts的1.4倍（$2.2B vs $1.6B），RENAISSANCERE HOLDINGS LTD净利率更高（23.5% vs 8.4%，领先15.1%），Host Hotels & Resorts同比增速更快（12.3% vs -36.8%），过去两年Host Hotels & Resorts的营收复合增速更高（4.4% vs -11.9%）
Host Hotels & Resorts是总部位于美国马里兰州贝塞斯达的房地产投资信托企业，专注于高端酒店资产投资。截至2024年12月31日，公司在美国、巴西、加拿大共持有81家高端酒店，总客房数约4.34万间，是全球知名的酒店不动产投资机构。
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。
HST vs RNR — 直观对比
营收规模更大
RNR
是对方的1.4倍
$1.6B
营收增速更快
HST
高出49.0%
-36.8%
净利率更高
RNR
高出15.1%
8.4%
两年增速更快
HST
近两年复合增速
-11.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $2.2B |
| 净利润 | $135.0M | $515.8M |
| 毛利率 | — | — |
| 营业利润率 | 12.0% | — |
| 净利率 | 8.4% | 23.5% |
| 营收同比 | 12.3% | -36.8% |
| 净利润同比 | 25.0% | 72.6% |
| 每股收益（稀释后） | $0.20 | $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HSTRNR
| Q1 26 | — | $2.2B | ||
| Q4 25 | $1.6B | $3.0B | ||
| Q3 25 | $1.3B | $3.2B | ||
| Q2 25 | $1.6B | $3.2B | ||
| Q1 25 | $1.6B | $3.5B | ||
| Q4 24 | $1.4B | $2.3B | ||
| Q3 24 | $1.3B | $4.0B | ||
| Q2 24 | $1.5B | $2.8B |
净利润HSTRNR
| Q1 26 | — | $515.8M | ||
| Q4 25 | $135.0M | $760.5M | ||
| Q3 25 | $161.0M | $916.5M | ||
| Q2 25 | $221.0M | $835.4M | ||
| Q1 25 | $248.0M | $170.0M | ||
| Q4 24 | $108.0M | $-189.7M | ||
| Q3 24 | $82.0M | $1.2B | ||
| Q2 24 | $239.0M | $503.9M |
营业利润率HSTRNR
| Q1 26 | — | — | ||
| Q4 25 | 12.0% | 42.5% | ||
| Q3 25 | 7.6% | 46.3% | ||
| Q2 25 | 17.5% | 41.8% | ||
| Q1 25 | 17.9% | -2.0% | ||
| Q4 24 | 11.0% | -3.6% | ||
| Q3 24 | 10.2% | 43.7% | ||
| Q2 24 | 19.9% | 25.0% |
净利率HSTRNR
| Q1 26 | — | 23.5% | ||
| Q4 25 | 8.4% | 25.6% | ||
| Q3 25 | 12.1% | 28.7% | ||
| Q2 25 | 13.9% | 26.1% | ||
| Q1 25 | 15.6% | 4.9% | ||
| Q4 24 | 7.6% | -8.3% | ||
| Q3 24 | 6.2% | 29.8% | ||
| Q2 24 | 16.3% | 17.8% |
每股收益（稀释后）HSTRNR
| Q1 26 | — | $6.57 | ||
| Q4 25 | $0.20 | $16.16 | ||
| Q3 25 | $0.23 | $19.40 | ||
| Q2 25 | $0.32 | $17.20 | ||
| Q1 25 | $0.35 | $3.27 | ||
| Q4 24 | $0.15 | $-3.76 | ||
| Q3 24 | $0.12 | $22.62 | ||
| Q2 24 | $0.34 | $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 | $768.0M | $1.6B |
| 总债务越低越好 | $1.3B | — |
| 股东权益账面价值 | $6.6B | $4.3B |
| 总资产 | $13.0B | $53.7B |
| 负债/权益比越低杠杆越低 | 0.19× | — |
8季度趋势，按日历期对齐
现金及短期投资HSTRNR
| Q1 26 | — | $1.6B | ||
| Q4 25 | $768.0M | $1.7B | ||
| Q3 25 | $539.0M | $1.7B | ||
| Q2 25 | $490.0M | $1.4B | ||
| Q1 25 | $428.0M | $1.6B | ||
| Q4 24 | $554.0M | $1.7B | ||
| Q3 24 | $564.0M | $1.6B | ||
| Q2 24 | $805.0M | $1.6B |
总债务HSTRNR
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $2.3B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | $896.0M | $1.9B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $2.0B |
股东权益HSTRNR
| Q1 26 | — | $4.3B | ||
| Q4 25 | $6.6B | $11.6B | ||
| Q3 25 | $6.7B | $11.5B | ||
| Q2 25 | $6.6B | $10.8B | ||
| Q1 25 | $6.7B | $10.3B | ||
| Q4 24 | $6.6B | $10.6B | ||
| Q3 24 | $6.7B | $11.2B | ||
| Q2 24 | $6.8B | $10.2B |
总资产HSTRNR
| Q1 26 | — | $53.7B | ||
| Q4 25 | $13.0B | $53.8B | ||
| Q3 25 | $13.0B | $54.5B | ||
| Q2 25 | $13.0B | $54.7B | ||
| Q1 25 | $12.9B | $53.6B | ||
| Q4 24 | $13.0B | $50.7B | ||
| Q3 24 | $13.1B | $52.8B | ||
| Q2 24 | $12.4B | $51.6B |
负债/权益比HSTRNR
| Q1 26 | — | — | ||
| Q4 25 | 0.19× | 0.20× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | 0.14× | 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 | $543.0M | — |
| 自由现金流经营现金流 - 资本支出 | $445.0M | — |
| 自由现金流率自由现金流/营收 | 27.8% | — |
| 资本支出强度资本支出/营收 | 6.1% | — |
| 现金转化率经营现金流/净利润 | 4.02× | — |
| 过去12个月自由现金流最近4个季度 | $1.2B | — |
8季度趋势，按日历期对齐
经营现金流HSTRNR
| Q1 26 | — | — | ||
| Q4 25 | $543.0M | $483.0M | ||
| Q3 25 | $218.0M | $1.6B | ||
| Q2 25 | $444.0M | $1.5B | ||
| Q1 25 | $305.0M | $157.8M | ||
| Q4 24 | $331.0M | $778.9M | ||
| Q3 24 | $349.0M | $1.5B | ||
| Q2 24 | $453.0M | $1.2B |
自由现金流HSTRNR
| Q1 26 | — | — | ||
| Q4 25 | $445.0M | — | ||
| Q3 25 | $143.0M | — | ||
| Q2 25 | $381.0M | — | ||
| Q1 25 | $259.0M | — | ||
| Q4 24 | $235.0M | — | ||
| Q3 24 | $262.0M | — | ||
| Q2 24 | $409.0M | — |
自由现金流率HSTRNR
| Q1 26 | — | — | ||
| Q4 25 | 27.8% | — | ||
| Q3 25 | 10.7% | — | ||
| Q2 25 | 24.0% | — | ||
| Q1 25 | 16.2% | — | ||
| Q4 24 | 16.5% | — | ||
| Q3 24 | 19.9% | — | ||
| Q2 24 | 27.9% | — |
资本支出强度HSTRNR
| Q1 26 | — | — | ||
| Q4 25 | 6.1% | — | ||
| Q3 25 | 5.6% | — | ||
| Q2 25 | 4.0% | — | ||
| Q1 25 | 2.9% | — | ||
| Q4 24 | 6.7% | — | ||
| Q3 24 | 6.6% | — | ||
| Q2 24 | 3.0% | — |
现金转化率HSTRNR
| Q1 26 | — | — | ||
| Q4 25 | 4.02× | 0.64× | ||
| Q3 25 | 1.35× | 1.73× | ||
| Q2 25 | 2.01× | 1.76× | ||
| Q1 25 | 1.23× | 0.93× | ||
| Q4 24 | 3.06× | — | ||
| Q3 24 | 4.26× | 1.26× | ||
| Q2 24 | 1.90× | 2.41× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
