vs
MERCURY GENERAL CORP（MCY）与Rivian Automotive, Inc.（RIVN）财务数据对比。点击上方公司名可切换其他公司
MERCURY GENERAL CORP的季度营收约是Rivian Automotive, Inc.的1.2倍（$1.5B vs $1.3B），MERCURY GENERAL CORP净利率更高（13.2% vs -63.1%，领先76.3%），MERCURY GENERAL CORP同比增速更快（12.4% vs -25.8%），MERCURY GENERAL CORP自由现金流更多（$273.9M vs $-1.1B），过去两年MERCURY GENERAL CORP的营收复合增速更高（9.8% vs 3.3%）
水星通用集团是一家综合性保险机构，业务覆盖个人车险、房主保险、租客保险及商业保险等多个品类，其中车险与房主保险是公司的核心经营板块。
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
MCY vs RIVN — 直观对比
营收规模更大
MCY
是对方的1.2倍
$1.3B
营收增速更快
MCY
高出38.3%
-25.8%
净利率更高
MCY
高出76.3%
-63.1%
自由现金流更多
MCY
多$1.4B
$-1.1B
两年增速更快
MCY
近两年复合增速
3.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.3B |
| 净利润 | $202.5M | $-811.0M |
| 毛利率 | 99.7% | 9.3% |
| 营业利润率 | 16.2% | -64.8% |
| 净利率 | 13.2% | -63.1% |
| 营收同比 | 12.4% | -25.8% |
| 净利润同比 | 100.4% | -9.0% |
| 每股收益（稀释后） | $3.66 | $-0.66 |
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MCYRIVN
| Q4 25 | $1.5B | $1.3B | ||
| Q3 25 | $1.6B | $1.6B | ||
| Q2 25 | $1.5B | $1.3B | ||
| Q1 25 | $1.4B | $1.2B | ||
| Q4 24 | $1.4B | $1.7B | ||
| Q3 24 | $1.5B | $874.0M | ||
| Q2 24 | $1.3B | $1.2B | ||
| Q1 24 | $1.3B | $1.2B |
净利润MCYRIVN
| Q4 25 | $202.5M | $-811.0M | ||
| Q3 25 | $280.4M | $-1.2B | ||
| Q2 25 | $166.5M | $-1.1B | ||
| Q1 25 | $-108.3M | $-545.0M | ||
| Q4 24 | $101.1M | $-744.0M | ||
| Q3 24 | $230.9M | $-1.1B | ||
| Q2 24 | $62.6M | $-1.5B | ||
| Q1 24 | $73.5M | $-1.4B |
毛利率MCYRIVN
| Q4 25 | 99.7% | 9.3% | ||
| Q3 25 | 99.8% | 1.5% | ||
| Q2 25 | 99.8% | -15.8% | ||
| Q1 25 | 99.7% | 16.6% | ||
| Q4 24 | 99.7% | 9.8% | ||
| Q3 24 | 99.8% | -44.9% | ||
| Q2 24 | 99.8% | -38.9% | ||
| Q1 24 | 99.7% | -43.8% |
营业利润率MCYRIVN
| Q4 25 | 16.2% | -64.8% | ||
| Q3 25 | 22.1% | -63.1% | ||
| Q2 25 | 14.0% | -85.5% | ||
| Q1 25 | -10.2% | -52.8% | ||
| Q4 24 | 9.0% | -38.1% | ||
| Q3 24 | 18.8% | -133.8% | ||
| Q2 24 | 5.8% | -118.7% | ||
| Q1 24 | 7.0% | -123.3% |
净利率MCYRIVN
| Q4 25 | 13.2% | -63.1% | ||
| Q3 25 | 17.7% | -75.3% | ||
| Q2 25 | 11.3% | -85.7% | ||
| Q1 25 | -7.8% | -44.0% | ||
| Q4 24 | 7.4% | -42.9% | ||
| Q3 24 | 15.1% | -125.9% | ||
| Q2 24 | 4.8% | -125.8% | ||
| Q1 24 | 5.8% | -120.1% |
每股收益（稀释后）MCYRIVN
| Q4 25 | $3.66 | $-0.66 | ||
| Q3 25 | $5.06 | $-0.96 | ||
| Q2 25 | $3.01 | $-0.97 | ||
| Q1 25 | $-1.96 | $-0.48 | ||
| Q4 24 | $1.82 | $-0.67 | ||
| Q3 24 | $4.17 | $-1.08 | ||
| Q2 24 | $1.13 | $-1.46 | ||
| Q1 24 | $1.33 | $-1.48 |
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 | — | $6.1B |
| 总债务越低越好 | $575.0M | — |
| 股东权益账面价值 | $2.4B | $4.6B |
| 总资产 | $9.6B | $14.9B |
| 负债/权益比越低杠杆越低 | 0.24× | — |
8季度趋势，按日历期对齐
现金及短期投资MCYRIVN
| Q4 25 | — | $6.1B | ||
| Q3 25 | — | $7.1B | ||
| Q2 25 | — | $7.5B | ||
| Q1 25 | — | $7.2B | ||
| Q4 24 | — | $7.7B | ||
| Q3 24 | — | $6.7B | ||
| Q2 24 | — | $7.9B | ||
| Q1 24 | — | $7.9B |
总债务MCYRIVN
| Q4 25 | $575.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $575.0M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $5.5B | ||
| Q1 24 | — | $4.4B |
股东权益MCYRIVN
| Q4 25 | $2.4B | $4.6B | ||
| Q3 25 | $2.2B | $5.1B | ||
| Q2 25 | $2.0B | $6.1B | ||
| Q1 25 | $1.8B | $6.2B | ||
| Q4 24 | $1.9B | $6.6B | ||
| Q3 24 | $1.9B | $5.9B | ||
| Q2 24 | $1.6B | $6.8B | ||
| Q1 24 | $1.6B | $8.1B |
总资产MCYRIVN
| Q4 25 | $9.6B | $14.9B | ||
| Q3 25 | $9.4B | $15.2B | ||
| Q2 25 | $9.1B | $15.6B | ||
| Q1 25 | $9.0B | $15.5B | ||
| Q4 24 | $8.3B | $15.4B | ||
| Q3 24 | $8.2B | $14.3B | ||
| Q2 24 | $7.7B | $15.4B | ||
| Q1 24 | $7.4B | $15.7B |
负债/权益比MCYRIVN
| Q4 25 | 0.24× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.30× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.81× | ||
| Q1 24 | — | 0.55× |
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 | $287.9M | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | $273.9M | $-1.1B |
| 自由现金流率自由现金流/营收 | 17.8% | -89.0% |
| 资本支出强度资本支出/营收 | 0.9% | 36.0% |
| 现金转化率经营现金流/净利润 | 1.42× | — |
| 过去12个月自由现金流最近4个季度 | $1.0B | $-2.5B |
8季度趋势，按日历期对齐
经营现金流MCYRIVN
| Q4 25 | $287.9M | $-681.0M | ||
| Q3 25 | $496.4M | $26.0M | ||
| Q2 25 | $371.6M | $64.0M | ||
| Q1 25 | $-68.7M | $-188.0M | ||
| Q4 24 | $248.3M | $1.2B | ||
| Q3 24 | $318.1M | $-876.0M | ||
| Q2 24 | $278.0M | $-754.0M | ||
| Q1 24 | $192.6M | $-1.3B |
自由现金流MCYRIVN
| Q4 25 | $273.9M | $-1.1B | ||
| Q3 25 | $479.5M | $-421.0M | ||
| Q2 25 | $357.2M | $-398.0M | ||
| Q1 25 | $-81.9M | $-526.0M | ||
| Q4 24 | $236.0M | $856.0M | ||
| Q3 24 | $306.2M | $-1.2B | ||
| Q2 24 | $266.5M | $-1.0B | ||
| Q1 24 | $182.4M | $-1.5B |
自由现金流率MCYRIVN
| Q4 25 | 17.8% | -89.0% | ||
| Q3 25 | 30.3% | -27.0% | ||
| Q2 25 | 24.2% | -30.5% | ||
| Q1 25 | -5.9% | -42.4% | ||
| Q4 24 | 17.3% | 49.4% | ||
| Q3 24 | 20.0% | -131.9% | ||
| Q2 24 | 20.4% | -89.6% | ||
| Q1 24 | 14.3% | -126.5% |
资本支出强度MCYRIVN
| Q4 25 | 0.9% | 36.0% | ||
| Q3 25 | 1.1% | 28.7% | ||
| Q2 25 | 1.0% | 35.5% | ||
| Q1 25 | 0.9% | 27.3% | ||
| Q4 24 | 0.9% | 18.9% | ||
| Q3 24 | 0.8% | 31.7% | ||
| Q2 24 | 0.9% | 24.4% | ||
| Q1 24 | 0.8% | 21.1% |
现金转化率MCYRIVN
| Q4 25 | 1.42× | — | ||
| Q3 25 | 1.77× | — | ||
| Q2 25 | 2.23× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.46× | — | ||
| Q3 24 | 1.38× | — | ||
| Q2 24 | 4.44× | — | ||
| Q1 24 | 2.62× | — |
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
MCY
暂无分部数据
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
