vs
Realty Income（O）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Realty Income的1.5倍（$2.2B vs $1.5B），RENAISSANCERE HOLDINGS LTD净利率更高（23.5% vs 19.9%，领先3.6%），Realty Income同比增速更快（11.0% vs -36.8%），过去两年Realty Income的营收复合增速更高（8.6% vs -11.9%）
Realty Income是一家房地产投资信托企业，投资范围覆盖美国、英国及欧洲其他六个国家的独立单租户商业地产，旗下物业普遍采用三重净租约模式。公司注册地为美国马里兰州，总部位于加利福尼亚州圣迭戈市。
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。
O vs RNR — 直观对比
营收规模更大
RNR
是对方的1.5倍
$1.5B
营收增速更快
O
高出47.8%
-36.8%
净利率更高
RNR
高出3.6%
19.9%
两年增速更快
O
近两年复合增速
-11.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $2.2B |
| 净利润 | $296.1M | $515.8M |
| 毛利率 | — | — |
| 营业利润率 | 21.7% | — |
| 净利率 | 19.9% | 23.5% |
| 营收同比 | 11.0% | -36.8% |
| 净利润同比 | 48.3% | 72.6% |
| 每股收益（稀释后） | $0.32 | $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ORNR
| Q1 26 | — | $2.2B | ||
| Q4 25 | $1.5B | $3.0B | ||
| Q3 25 | $1.5B | $3.2B | ||
| Q2 25 | $1.4B | $3.2B | ||
| Q1 25 | $1.4B | $3.5B | ||
| Q4 24 | $1.3B | $2.3B | ||
| Q3 24 | $1.3B | $4.0B | ||
| Q2 24 | $1.3B | $2.8B |
净利润ORNR
| Q1 26 | — | $515.8M | ||
| Q4 25 | $296.1M | $760.5M | ||
| Q3 25 | $315.8M | $916.5M | ||
| Q2 25 | $196.9M | $835.4M | ||
| Q1 25 | $249.8M | $170.0M | ||
| Q4 24 | $199.6M | $-189.7M | ||
| Q3 24 | $269.5M | $1.2B | ||
| Q2 24 | $259.4M | $503.9M |
营业利润率ORNR
| Q1 26 | — | — | ||
| Q4 25 | 21.7% | 42.5% | ||
| Q3 25 | 23.2% | 46.3% | ||
| Q2 25 | 15.8% | 41.8% | ||
| Q1 25 | 19.3% | -2.0% | ||
| Q4 24 | 16.5% | -3.6% | ||
| Q3 24 | 21.5% | 43.7% | ||
| Q2 24 | 20.7% | 25.0% |
净利率ORNR
| Q1 26 | — | 23.5% | ||
| Q4 25 | 19.9% | 25.6% | ||
| Q3 25 | 21.5% | 28.7% | ||
| Q2 25 | 14.0% | 26.1% | ||
| Q1 25 | 18.1% | 4.9% | ||
| Q4 24 | 14.9% | -8.3% | ||
| Q3 24 | 20.2% | 29.8% | ||
| Q2 24 | 19.4% | 17.8% |
每股收益（稀释后）ORNR
| Q1 26 | — | $6.57 | ||
| Q4 25 | $0.32 | $16.16 | ||
| Q3 25 | $0.35 | $19.40 | ||
| Q2 25 | $0.22 | $17.20 | ||
| Q1 25 | $0.28 | $3.27 | ||
| Q4 24 | $0.23 | $-3.76 | ||
| Q3 24 | $0.30 | $22.62 | ||
| Q2 24 | $0.29 | $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 | $434.8M | $1.6B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $39.4B | $4.3B |
| 总资产 | $72.8B | $53.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ORNR
| Q1 26 | — | $1.6B | ||
| Q4 25 | $434.8M | $1.7B | ||
| Q3 25 | $417.2M | $1.7B | ||
| Q2 25 | $800.4M | $1.4B | ||
| Q1 25 | $319.0M | $1.6B | ||
| Q4 24 | $445.0M | $1.7B | ||
| Q3 24 | $397.0M | $1.6B | ||
| Q2 24 | $442.8M | $1.6B |
总债务ORNR
| Q1 26 | — | — | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $2.0B |
股东权益ORNR
| Q1 26 | — | $4.3B | ||
| Q4 25 | $39.4B | $11.6B | ||
| Q3 25 | $39.1B | $11.5B | ||
| Q2 25 | $39.2B | $10.8B | ||
| Q1 25 | $39.0B | $10.3B | ||
| Q4 24 | $38.8B | $10.6B | ||
| Q3 24 | $38.5B | $11.2B | ||
| Q2 24 | $38.6B | $10.2B |
总资产ORNR
| Q1 26 | — | $53.7B | ||
| Q4 25 | $72.8B | $53.8B | ||
| Q3 25 | $71.3B | $54.5B | ||
| Q2 25 | $71.4B | $54.7B | ||
| Q1 25 | $69.8B | $53.6B | ||
| Q4 24 | $68.8B | $50.7B | ||
| Q3 24 | $68.5B | $52.8B | ||
| Q2 24 | $68.1B | $51.6B |
负债/权益比ORNR
| Q1 26 | — | — | ||
| Q4 25 | — | 0.20× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | — | 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 | $1.2B | — |
| 自由现金流经营现金流 - 资本支出 | $1.2B | — |
| 自由现金流率自由现金流/营收 | 77.6% | — |
| 资本支出强度资本支出/营收 | 3.3% | — |
| 现金转化率经营现金流/净利润 | 4.06× | — |
| 过去12个月自由现金流最近4个季度 | $3.9B | — |
8季度趋势，按日历期对齐
经营现金流ORNR
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $483.0M | ||
| Q3 25 | $943.1M | $1.6B | ||
| Q2 25 | $1.1B | $1.5B | ||
| Q1 25 | $787.5M | $157.8M | ||
| Q4 24 | $972.0M | $778.9M | ||
| Q3 24 | $841.5M | $1.5B | ||
| Q2 24 | $981.2M | $1.2B |
自由现金流ORNR
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | — | ||
| Q3 25 | $909.9M | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $764.6M | — | ||
| Q4 24 | $935.8M | — | ||
| Q3 24 | $807.9M | — | ||
| Q2 24 | $939.2M | — |
自由现金流率ORNR
| Q1 26 | — | — | ||
| Q4 25 | 77.6% | — | ||
| Q3 25 | 61.9% | — | ||
| Q2 25 | 73.3% | — | ||
| Q1 25 | 55.4% | — | ||
| Q4 24 | 69.8% | — | ||
| Q3 24 | 60.7% | — | ||
| Q2 24 | 70.1% | — |
资本支出强度ORNR
| Q1 26 | — | — | ||
| Q4 25 | 3.3% | — | ||
| Q3 25 | 2.3% | — | ||
| Q2 25 | 1.9% | — | ||
| Q1 25 | 1.7% | — | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | 2.5% | — | ||
| Q2 24 | 3.1% | — |
现金转化率ORNR
| Q1 26 | — | — | ||
| Q4 25 | 4.06× | 0.64× | ||
| Q3 25 | 2.99× | 1.73× | ||
| Q2 25 | 5.39× | 1.76× | ||
| Q1 25 | 3.15× | 0.93× | ||
| Q4 24 | 4.87× | — | ||
| Q3 24 | 3.12× | 1.26× | ||
| Q2 24 | 3.78× | 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
O
| Product And Service Retail | $900.8M | 61% |
| Other | $531.5M | 36% |
RNR
暂无分部数据
