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Leidos（LDOS）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
Leidos的季度营收约是RENAISSANCERE HOLDINGS LTD的1.9倍（$4.2B vs $2.2B），RENAISSANCERE HOLDINGS LTD净利率更高（23.5% vs 7.8%，领先15.7%），Leidos同比增速更快（-3.5% vs -36.8%），过去两年Leidos的营收复合增速更高（3.1% vs -11.9%）
Leidos Holdings, Inc.是总部位于美国弗吉尼亚州雷斯顿的企业，业务覆盖国防、航空、信息技术、生物医学研究领域，提供科研、工程、系统集成及技术服务。其前身为科学应用国际公司（SAIC），2016年8月与洛克希德·马丁旗下IT业务板块合并，成为国防行业规模最大的IT服务提供商。
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。
LDOS vs RNR — 直观对比
营收规模更大
LDOS
是对方的1.9倍
$2.2B
营收增速更快
LDOS
高出33.3%
-36.8%
净利率更高
RNR
高出15.7%
7.8%
两年增速更快
LDOS
近两年复合增速
-11.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.2B | $2.2B |
| 净利润 | $327.0M | $515.8M |
| 毛利率 | 17.4% | — |
| 营业利润率 | 11.3% | — |
| 净利率 | 7.8% | 23.5% |
| 营收同比 | -3.5% | -36.8% |
| 净利润同比 | 15.1% | 72.6% |
| 每股收益（稀释后） | $2.54 | $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LDOSRNR
| Q1 26 | $4.2B | $2.2B | ||
| Q4 25 | $4.4B | $3.0B | ||
| Q3 25 | $4.2B | $3.2B | ||
| Q2 25 | $4.2B | $3.2B | ||
| Q1 25 | $4.3B | $3.5B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | $4.2B | $4.0B | ||
| Q2 24 | $4.1B | $2.8B |
净利润LDOSRNR
| Q1 26 | $327.0M | $515.8M | ||
| Q4 25 | $367.0M | $760.5M | ||
| Q3 25 | $391.0M | $916.5M | ||
| Q2 25 | $363.0M | $835.4M | ||
| Q1 25 | $284.0M | $170.0M | ||
| Q4 24 | — | $-189.7M | ||
| Q3 24 | $364.0M | $1.2B | ||
| Q2 24 | $322.0M | $503.9M |
毛利率LDOSRNR
| Q1 26 | 17.4% | — | ||
| Q4 25 | 18.0% | — | ||
| Q3 25 | 18.0% | — | ||
| Q2 25 | 17.5% | — | ||
| Q1 25 | 15.6% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 17.8% | — | ||
| Q2 24 | 16.6% | — |
营业利润率LDOSRNR
| Q1 26 | 11.3% | — | ||
| Q4 25 | 12.0% | 42.5% | ||
| Q3 25 | 13.5% | 46.3% | ||
| Q2 25 | 12.5% | 41.8% | ||
| Q1 25 | 9.7% | -2.0% | ||
| Q4 24 | — | -3.6% | ||
| Q3 24 | 12.4% | 43.7% | ||
| Q2 24 | 11.6% | 25.0% |
净利率LDOSRNR
| Q1 26 | 7.8% | 23.5% | ||
| Q4 25 | 8.2% | 25.6% | ||
| Q3 25 | 9.2% | 28.7% | ||
| Q2 25 | 8.6% | 26.1% | ||
| Q1 25 | 6.5% | 4.9% | ||
| Q4 24 | — | -8.3% | ||
| Q3 24 | 8.7% | 29.8% | ||
| Q2 24 | 7.8% | 17.8% |
每股收益（稀释后）LDOSRNR
| Q1 26 | $2.54 | $6.57 | ||
| Q4 25 | $2.82 | $16.16 | ||
| Q3 25 | $3.01 | $19.40 | ||
| Q2 25 | $2.77 | $17.20 | ||
| Q1 25 | $2.10 | $3.27 | ||
| Q4 24 | — | $-3.76 | ||
| Q3 24 | $2.68 | $22.62 | ||
| Q2 24 | $2.37 | $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 | $1.1B | $1.6B |
| 总债务越低越好 | $4.6B | — |
| 股东权益账面价值 | $4.9B | $4.3B |
| 总资产 | $13.5B | $53.7B |
| 负债/权益比越低杠杆越低 | 0.94× | — |
8季度趋势，按日历期对齐
现金及短期投资LDOSRNR
| Q1 26 | $1.1B | $1.6B | ||
| Q4 25 | $974.0M | $1.7B | ||
| Q3 25 | $930.0M | $1.7B | ||
| Q2 25 | $842.0M | $1.4B | ||
| Q1 25 | $943.0M | $1.6B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | $1.2B | $1.6B | ||
| Q2 24 | $823.0M | $1.6B |
总债务LDOSRNR
| Q1 26 | $4.6B | — | ||
| Q4 25 | $4.6B | $2.3B | ||
| Q3 25 | $5.0B | $2.2B | ||
| Q2 25 | $5.0B | $2.3B | ||
| Q1 25 | $4.1B | $2.8B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | $4.1B | $1.9B | ||
| Q2 24 | $4.1B | $2.0B |
股东权益LDOSRNR
| Q1 26 | $4.9B | $4.3B | ||
| Q4 25 | $4.9B | $11.6B | ||
| Q3 25 | $4.7B | $11.5B | ||
| Q2 25 | $4.3B | $10.8B | ||
| Q1 25 | $4.4B | $10.3B | ||
| Q4 24 | — | $10.6B | ||
| Q3 24 | $4.6B | $11.2B | ||
| Q2 24 | $4.5B | $10.2B |
总资产LDOSRNR
| Q1 26 | $13.5B | $53.7B | ||
| Q4 25 | $13.5B | $53.8B | ||
| Q3 25 | $13.5B | $54.5B | ||
| Q2 25 | $13.2B | $54.7B | ||
| Q1 25 | $13.1B | $53.6B | ||
| Q4 24 | — | $50.7B | ||
| Q3 24 | $13.3B | $52.8B | ||
| Q2 24 | $12.9B | $51.6B |
负债/权益比LDOSRNR
| Q1 26 | 0.94× | — | ||
| Q4 25 | 0.94× | 0.20× | ||
| Q3 25 | 1.07× | 0.19× | ||
| Q2 25 | 1.18× | 0.21× | ||
| Q1 25 | 0.92× | 0.27× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | 0.88× | 0.17× | ||
| Q2 24 | 0.92× | 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 | $495.0M | — |
| 自由现金流经营现金流 - 资本支出 | $452.0M | — |
| 自由现金流率自由现金流/营收 | 10.8% | — |
| 资本支出强度资本支出/营收 | 1.0% | — |
| 现金转化率经营现金流/净利润 | 1.51× | — |
| 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LDOSRNR
| Q1 26 | $495.0M | — | ||
| Q4 25 | — | $483.0M | ||
| Q3 25 | $711.0M | $1.6B | ||
| Q2 25 | $58.0M | $1.5B | ||
| Q1 25 | $299.0M | $157.8M | ||
| Q4 24 | — | $778.9M | ||
| Q3 24 | $656.0M | $1.5B | ||
| Q2 24 | $374.0M | $1.2B |
自由现金流LDOSRNR
| Q1 26 | $452.0M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $680.0M | — | ||
| Q2 25 | $36.0M | — | ||
| Q1 25 | $213.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $633.0M | — | ||
| Q2 24 | $351.0M | — |
自由现金流率LDOSRNR
| Q1 26 | 10.8% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 16.1% | — | ||
| Q2 25 | 0.9% | — | ||
| Q1 25 | 4.9% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 15.2% | — | ||
| Q2 24 | 8.5% | — |
资本支出强度LDOSRNR
| Q1 26 | 1.0% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | 0.5% | — | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.6% | — | ||
| Q2 24 | 0.6% | — |
现金转化率LDOSRNR
| Q1 26 | 1.51× | — | ||
| Q4 25 | — | 0.64× | ||
| Q3 25 | 1.82× | 1.73× | ||
| Q2 25 | 0.16× | 1.76× | ||
| Q1 25 | 1.05× | 0.93× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.80× | 1.26× | ||
| Q2 24 | 1.16× | 2.41× |
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
LDOS
| US Do D And US Intelligence Community | $1.4B | 32% |
| Cost Reimbursement And Fixed Price Incentive Fee | $1.0B | 24% |
| Commercial And International Segment | $609.0M | 15% |
| Defense Systems Segment | $546.0M | 13% |
| Other | $358.0M | 9% |
| Time And Materials And Fixed Price Level Of Effort | $295.0M | 7% |
| Commercial And Non US Customers | $38.0M | 1% |
RNR
暂无分部数据
