vs
KEMPER Corp（KMPR）与雷诺士国际（LII）财务数据对比。点击上方公司名可切换其他公司
雷诺士国际的季度营收约是KEMPER Corp的1.1倍（$1.2B vs $1.1B），雷诺士国际净利率更高（13.6% vs -0.7%，领先14.3%），KEMPER Corp同比增速更快（-4.7% vs -11.2%），雷诺士国际自由现金流更多（$376.7M vs $166.2M），过去两年雷诺士国际的营收复合增速更高（6.8% vs -0.5%）
坎伯公司（Kemper Corporation）是总部位于美国伊利诺伊州芝加哥的保险服务商，总资产近130亿美元，旗下品牌矩阵为个人、家庭及企业客户提供多元保险产品服务。
雷诺士国际是美国知名的暖通空调（HVAC）及制冷领域气候控制产品供应商，总部位于得克萨斯州理查森。公司在墨西哥萨尔蒂约、美国爱荷华州马歇尔敦、南卡罗来纳州奥兰治堡设有核心生产基地，1904年收购公司的诺里斯家族后裔约翰·W·诺里斯三世持有其9.8%的股份。
KMPR vs LII — 直观对比
营收规模更大
LII
是对方的1.1倍
$1.1B
营收增速更快
KMPR
高出6.5%
-11.2%
净利率更高
LII
高出14.3%
-0.7%
自由现金流更多
LII
多$210.5M
$166.2M
两年增速更快
LII
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.2B |
| 净利润 | $-8.0M | $162.1M |
| 毛利率 | — | 34.7% |
| 营业利润率 | — | 18.6% |
| 净利率 | -0.7% | 13.6% |
| 营收同比 | -4.7% | -11.2% |
| 净利润同比 | -108.2% | -18.0% |
| 每股收益（稀释后） | $-0.03 | $4.62 |
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KMPRLII
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $1.2B | $1.4B | ||
| Q2 25 | $1.2B | $1.5B | ||
| Q1 25 | $1.2B | $1.1B | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | $1.2B | $1.5B | ||
| Q2 24 | $1.1B | $1.5B | ||
| Q1 24 | $1.1B | $1.0B |
净利润KMPRLII
| Q4 25 | $-8.0M | $162.1M | ||
| Q3 25 | $-21.0M | $245.8M | ||
| Q2 25 | $72.6M | $277.6M | ||
| Q1 25 | $99.7M | $120.3M | ||
| Q4 24 | $97.4M | $197.7M | ||
| Q3 24 | $73.7M | $239.0M | ||
| Q2 24 | $75.4M | $245.9M | ||
| Q1 24 | $71.3M | $124.3M |
毛利率KMPRLII
| Q4 25 | — | 34.7% | ||
| Q3 25 | — | 32.8% | ||
| Q2 25 | — | 34.8% | ||
| Q1 25 | — | 30.6% | ||
| Q4 24 | — | 33.9% | ||
| Q3 24 | — | 32.6% | ||
| Q2 24 | — | 33.6% | ||
| Q1 24 | — | 32.5% |
营业利润率KMPRLII
| Q4 25 | — | 18.6% | ||
| Q3 25 | — | 21.7% | ||
| Q2 25 | — | 23.6% | ||
| Q1 25 | — | 14.5% | ||
| Q4 24 | — | 18.2% | ||
| Q3 24 | 11.2% | 20.2% | ||
| Q2 24 | 10.1% | 22.1% | ||
| Q1 24 | 7.6% | 15.9% |
净利率KMPRLII
| Q4 25 | -0.7% | 13.6% | ||
| Q3 25 | -1.7% | 17.2% | ||
| Q2 25 | 5.9% | 18.5% | ||
| Q1 25 | 8.4% | 11.2% | ||
| Q4 24 | 8.2% | 14.7% | ||
| Q3 24 | 6.3% | 16.0% | ||
| Q2 24 | 6.7% | 16.9% | ||
| Q1 24 | 6.2% | 11.9% |
每股收益（稀释后）KMPRLII
| Q4 25 | $-0.03 | $4.62 | ||
| Q3 25 | $-0.34 | $6.98 | ||
| Q2 25 | $1.12 | $7.82 | ||
| Q1 25 | $1.54 | $3.37 | ||
| Q4 24 | $1.51 | $5.52 | ||
| Q3 24 | $1.14 | $6.68 | ||
| Q2 24 | $1.16 | $6.87 | ||
| Q1 24 | $1.10 | $3.47 |
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 | — | $34.7M |
| 总债务越低越好 | $943.5M | $1.1B |
| 股东权益账面价值 | $2.7B | $1.2B |
| 总资产 | $12.5B | $4.1B |
| 负债/权益比越低杠杆越低 | 0.35× | 0.98× |
8季度趋势，按日历期对齐
现金及短期投资KMPRLII
| Q4 25 | — | $34.7M | ||
| Q3 25 | $371.2M | $59.2M | ||
| Q2 25 | $407.6M | $55.1M | ||
| Q1 25 | $545.3M | $222.9M | ||
| Q4 24 | $1.0B | $422.3M | ||
| Q3 24 | $696.9M | $255.7M | ||
| Q2 24 | $539.1M | $57.8M | ||
| Q1 24 | $520.7M | $57.6M |
总债务KMPRLII
| Q4 25 | $943.5M | $1.1B | ||
| Q3 25 | $943.1M | $838.2M | ||
| Q2 25 | $942.6M | $835.7M | ||
| Q1 25 | $942.1M | $834.2M | ||
| Q4 24 | $1.4B | $833.1M | ||
| Q3 24 | $1.4B | $827.6M | ||
| Q2 24 | $1.4B | $1.1B | ||
| Q1 24 | $1.4B | $1.2B |
股东权益KMPRLII
| Q4 25 | $2.7B | $1.2B | ||
| Q3 25 | $2.7B | $1.1B | ||
| Q2 25 | $370.0M | $900.5M | ||
| Q1 25 | $366.0M | $852.5M | ||
| Q4 24 | $2.8B | $850.2M | ||
| Q3 24 | $2.8B | $754.0M | ||
| Q2 24 | $358.0M | $577.4M | ||
| Q1 24 | $2.6B | $368.8M |
总资产KMPRLII
| Q4 25 | $12.5B | $4.1B | ||
| Q3 25 | $12.4B | $3.5B | ||
| Q2 25 | $12.6B | $3.7B | ||
| Q1 25 | $12.5B | $3.5B | ||
| Q4 24 | $12.6B | $3.5B | ||
| Q3 24 | $12.6B | $3.3B | ||
| Q2 24 | $12.6B | $3.2B | ||
| Q1 24 | $12.6B | $3.0B |
负债/权益比KMPRLII
| Q4 25 | 0.35× | 0.98× | ||
| Q3 25 | 0.35× | 0.78× | ||
| Q2 25 | 2.55× | 0.93× | ||
| Q1 25 | 2.57× | 0.98× | ||
| Q4 24 | 0.50× | 0.98× | ||
| Q3 24 | 0.50× | 1.10× | ||
| Q2 24 | 3.88× | 1.95× | ||
| Q1 24 | 0.54× | 3.13× |
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 | $175.0M | $405.9M |
| 自由现金流经营现金流 - 资本支出 | $166.2M | $376.7M |
| 自由现金流率自由现金流/营收 | 14.7% | 31.5% |
| 资本支出强度资本支出/营收 | 0.8% | 2.4% |
| 现金转化率经营现金流/净利润 | — | 2.50× |
| 过去12个月自由现金流最近4个季度 | $553.9M | $638.8M |
8季度趋势，按日历期对齐
经营现金流KMPRLII
| Q4 25 | $175.0M | $405.9M | ||
| Q3 25 | $139.9M | $300.7M | ||
| Q2 25 | $89.6M | $86.8M | ||
| Q1 25 | $180.0M | $-35.8M | ||
| Q4 24 | $175.1M | $332.4M | ||
| Q3 24 | $141.9M | $452.1M | ||
| Q2 24 | $22.9M | $184.0M | ||
| Q1 24 | $43.0M | $-22.8M |
自由现金流KMPRLII
| Q4 25 | $166.2M | $376.7M | ||
| Q3 25 | $133.4M | $265.1M | ||
| Q2 25 | $82.0M | $58.3M | ||
| Q1 25 | $172.3M | $-61.3M | ||
| Q4 24 | $165.4M | $272.2M | ||
| Q3 24 | $131.4M | $410.9M | ||
| Q2 24 | $5.2M | $151.3M | ||
| Q1 24 | $27.7M | $-52.3M |
自由现金流率KMPRLII
| Q4 25 | 14.7% | 31.5% | ||
| Q3 25 | 10.8% | 18.6% | ||
| Q2 25 | 6.7% | 3.9% | ||
| Q1 25 | 14.4% | -5.7% | ||
| Q4 24 | 13.9% | 20.2% | ||
| Q3 24 | 11.1% | 27.4% | ||
| Q2 24 | 0.5% | 10.4% | ||
| Q1 24 | 2.4% | -5.0% |
资本支出强度KMPRLII
| Q4 25 | 0.8% | 2.4% | ||
| Q3 25 | 0.5% | 2.5% | ||
| Q2 25 | 0.6% | 1.9% | ||
| Q1 25 | 0.6% | 2.4% | ||
| Q4 24 | 0.8% | 4.5% | ||
| Q3 24 | 0.9% | 2.8% | ||
| Q2 24 | 1.6% | 2.3% | ||
| Q1 24 | 1.3% | 2.8% |
现金转化率KMPRLII
| Q4 25 | — | 2.50× | ||
| Q3 25 | — | 1.22× | ||
| Q2 25 | 1.23× | 0.31× | ||
| Q1 25 | 1.81× | -0.30× | ||
| Q4 24 | 1.80× | 1.68× | ||
| Q3 24 | 1.93× | 1.89× | ||
| Q2 24 | 0.30× | 0.75× | ||
| Q1 24 | 0.60× | -0.18× |
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
KMPR
| Specialty Property Casualty Insurance Segment | $995.1M | 88% |
| Life Insurance Segment1 | $140.7M | 12% |
LII
| Residential Heating And Cooling | $699.8M | 59% |
| Commercial Heating And Cooling | $495.2M | 41% |
