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OLD REPUBLIC INTERNATIONAL CORP（ORI）与RADIAN GROUP INC（RDN）财务数据对比。点击上方公司名可切换其他公司
OLD REPUBLIC INTERNATIONAL CORP的季度营收约是RADIAN GROUP INC的9.3倍（$2.4B vs $257.8M）。RADIAN GROUP INC净利率更高（60.1% vs 13.8%，领先46.3%）。OLD REPUBLIC INTERNATIONAL CORP同比增速更快（6.7% vs -18.4%）。过去两年OLD REPUBLIC INTERNATIONAL CORP的营收复合增速更高（13.2% vs -10.2%）
Old Republic International Corp是一家总部位于美国伊利诺伊州芝加哥的保险企业，核心业务覆盖财产保险、产权保险两大领域，深耕行业多年，具备成熟的风险防控能力与完善的服务体系，可为各类客户提供专业可靠的保险产品及相关解决方案。
瑞迪安集团（Radian Group Inc.）是一家专业的 mortgage 保险公司，业务涵盖抵押贷款保险、风险管控、房地产服务及产权服务等多个板块，为住房金融市场提供完善的配套服务支持，助力行业降低信贷相关风险。
ORI vs RDN — 直观对比
营收规模更大
ORI
是对方的9.3倍
$257.8M
营收增速更快
ORI
高出25.1%
-18.4%
净利率更高
RDN
高出46.3%
13.8%
两年增速更快
ORI
近两年复合增速
-10.2%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $257.8M |
| 净利润 | $330.0M | $154.8M |
| 毛利率 | — | — |
| 营业利润率 | — | 88.9% |
| 净利率 | 13.8% | 60.1% |
| 营收同比 | 6.7% | -18.4% |
| 净利润同比 | 34.7% | 4.4% |
| 每股收益（稀释后） | — | $1.11 |
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ORIRDN
| Q1 26 | $2.4B | — | ||
| Q4 25 | $2.4B | $257.8M | ||
| Q3 25 | $2.4B | $303.2M | ||
| Q2 25 | $2.2B | $318.0M | ||
| Q1 25 | $2.1B | $318.1M | ||
| Q4 24 | $2.0B | $315.9M | ||
| Q3 24 | $2.3B | $333.9M | ||
| Q2 24 | $1.9B | $321.1M |
净利润ORIRDN
| Q1 26 | $330.0M | — | ||
| Q4 25 | $206.5M | $154.8M | ||
| Q3 25 | $279.5M | $141.4M | ||
| Q2 25 | $204.4M | $141.8M | ||
| Q1 25 | $245.0M | $144.6M | ||
| Q4 24 | $105.3M | $148.3M | ||
| Q3 24 | $338.9M | $151.9M | ||
| Q2 24 | $91.8M | $151.9M |
毛利率ORIRDN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 97.4% | ||
| Q1 25 | — | 97.2% | ||
| Q4 24 | — | 96.9% | ||
| Q3 24 | — | 97.1% | ||
| Q2 24 | — | 97.0% |
营业利润率ORIRDN
| Q1 26 | — | — | ||
| Q4 25 | — | 88.9% | ||
| Q3 25 | 14.6% | 65.5% | ||
| Q2 25 | 11.8% | 55.0% | ||
| Q1 25 | 14.6% | 59.2% | ||
| Q4 24 | — | 59.9% | ||
| Q3 24 | 18.2% | 58.5% | ||
| Q2 24 | 6.1% | 58.6% |
净利率ORIRDN
| Q1 26 | 13.8% | — | ||
| Q4 25 | 8.6% | 60.1% | ||
| Q3 25 | 11.5% | 46.7% | ||
| Q2 25 | 9.3% | 44.6% | ||
| Q1 25 | 11.6% | 45.4% | ||
| Q4 24 | 5.3% | 46.9% | ||
| Q3 24 | 14.5% | 45.5% | ||
| Q2 24 | 4.9% | 47.3% |
每股收益（稀释后）ORIRDN
| Q1 26 | — | — | ||
| Q4 25 | $0.82 | $1.11 | ||
| Q3 25 | $1.11 | $1.03 | ||
| Q2 25 | $0.81 | $1.02 | ||
| Q1 25 | $0.98 | $0.98 | ||
| Q4 24 | $0.42 | $0.97 | ||
| Q3 24 | $1.32 | $0.99 | ||
| Q2 24 | $0.35 | $0.98 |
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 | — | $24.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.9M | $4.8B |
| 总资产 | $29.6M | $8.1B |
| 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ORIRDN
| Q1 26 | — | — | ||
| Q4 25 | — | $24.8M | ||
| Q3 25 | — | $15.3M | ||
| Q2 25 | — | $22.1M | ||
| Q1 25 | — | $24.2M | ||
| Q4 24 | — | $38.8M | ||
| Q3 24 | — | $28.1M | ||
| Q2 24 | — | $13.8M |
股东权益ORIRDN
| Q1 26 | $5.9M | — | ||
| Q4 25 | $5.9B | $4.8B | ||
| Q3 25 | $6.4B | $4.7B | ||
| Q2 25 | $6.2B | $4.5B | ||
| Q1 25 | $5.9B | $4.6B | ||
| Q4 24 | $5.6B | $4.6B | ||
| Q3 24 | $6.4B | $4.7B | ||
| Q2 24 | $6.0B | $4.5B |
总资产ORIRDN
| Q1 26 | $29.6M | — | ||
| Q4 25 | $29.9B | $8.1B | ||
| Q3 25 | $30.3B | $8.2B | ||
| Q2 25 | $29.3B | $9.6B | ||
| Q1 25 | $28.0B | $8.8B | ||
| Q4 24 | $27.8B | $8.7B | ||
| Q3 24 | $28.8B | $8.4B | ||
| Q2 24 | $27.5B | $8.1B |
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 | — | $407.0M |
| 自由现金流经营现金流 - 资本支出 | — | $406.1M |
| 自由现金流率自由现金流/营收 | — | 157.5% |
| 资本支出强度资本支出/营收 | — | 0.3% |
| 现金转化率经营现金流/净利润 | — | 2.63× |
| 过去12个月自由现金流最近4个季度 | — | $115.7M |
8季度趋势，按日历期对齐
经营现金流ORIRDN
| Q1 26 | — | — | ||
| Q4 25 | $234.9M | $407.0M | ||
| Q3 25 | $563.9M | $358.4M | ||
| Q2 25 | $133.8M | $-713.3M | ||
| Q1 25 | $231.7M | $67.8M | ||
| Q4 24 | $361.7M | $-269.4M | ||
| Q3 24 | $474.8M | $-237.9M | ||
| Q2 24 | $236.5M | $-207.3M |
自由现金流ORIRDN
| Q1 26 | — | — | ||
| Q4 25 | — | $406.1M | ||
| Q3 25 | — | $357.6M | ||
| Q2 25 | — | $-714.6M | ||
| Q1 25 | — | $66.6M | ||
| Q4 24 | — | $-269.8M | ||
| Q3 24 | — | $-238.1M | ||
| Q2 24 | — | $-208.3M |
自由现金流率ORIRDN
| Q1 26 | — | — | ||
| Q4 25 | — | 157.5% | ||
| Q3 25 | — | 117.9% | ||
| Q2 25 | — | -224.7% | ||
| Q1 25 | — | 20.9% | ||
| Q4 24 | — | -85.4% | ||
| Q3 24 | — | -71.3% | ||
| Q2 24 | — | -64.9% |
资本支出强度ORIRDN
| Q1 26 | — | — | ||
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.3% |
现金转化率ORIRDN
| Q1 26 | — | — | ||
| Q4 25 | 1.14× | 2.63× | ||
| Q3 25 | 2.02× | 2.53× | ||
| Q2 25 | 0.65× | -5.03× | ||
| Q1 25 | 0.95× | 0.47× | ||
| Q4 24 | 3.43× | -1.82× | ||
| Q3 24 | 1.40× | -1.57× | ||
| Q2 24 | 2.58× | -1.36× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
