vs
信安金融集团（PFG）与Sunrun Inc.（RUN）财务数据对比。点击上方公司名可切换其他公司
Sunrun Inc.的季度营收约是信安金融集团的1.5倍（$1.2B vs $750.8M），Sunrun Inc.净利率更高（8.9% vs 0.3%，领先8.7%），Sunrun Inc.同比增速更快（123.5% vs 4.0%），过去两年Sunrun Inc.的营收复合增速更高（59.0% vs -58.3%）
信安金融集团（股票代码：PFG）是总部位于美国艾奥瓦州得梅因的全球性金融服务企业，核心业务涵盖投资管理、保险服务两大板块，在全球多个区域开展业务，为机构客户和个人用户提供专业定制化的金融解决方案，在行业内拥有较高知名度。
Sunrun Inc.是美国知名的光伏系统及电池储能产品供应商，业务以服务住宅客户为主，2007年成立，总部位于加利福尼亚州旧金山，致力于为家庭用户提供高效的清洁能源解决方案。
PFG vs RUN — 直观对比
营收规模更大
RUN
是对方的1.5倍
$750.8M
营收增速更快
RUN
高出119.5%
4.0%
净利率更高
RUN
高出8.7%
0.3%
两年增速更快
RUN
近两年复合增速
-58.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $750.8M | $1.2B |
| 净利润 | $1.9M | $103.6M |
| 毛利率 | — | — |
| 营业利润率 | — | 8.4% |
| 净利率 | 0.3% | 8.9% |
| 营收同比 | 4.0% | 123.5% |
| 净利润同比 | 783.0% | 103.7% |
| 每股收益（稀释后） | — | $0.38 |
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PFGRUN
| Q1 26 | $750.8M | — | ||
| Q4 25 | $4.6B | $1.2B | ||
| Q3 25 | $3.7B | $724.6M | ||
| Q2 25 | $3.7B | $569.3M | ||
| Q1 25 | $3.7B | $504.3M | ||
| Q4 24 | $4.8B | $518.5M | ||
| Q3 24 | $3.0B | $537.2M | ||
| Q2 24 | $4.3B | $523.9M |
净利润PFGRUN
| Q1 26 | $1.9M | — | ||
| Q4 25 | $517.0M | $103.6M | ||
| Q3 25 | $213.8M | $16.6M | ||
| Q2 25 | $406.2M | $279.8M | ||
| Q1 25 | $48.1M | $50.0M | ||
| Q4 24 | $905.4M | $-2.8B | ||
| Q3 24 | $-220.0M | $-83.8M | ||
| Q2 24 | $353.1M | $139.1M |
营业利润率PFGRUN
| Q1 26 | — | — | ||
| Q4 25 | — | 8.4% | ||
| Q3 25 | — | 0.5% | ||
| Q2 25 | — | -19.7% | ||
| Q1 25 | — | -22.8% | ||
| Q4 24 | — | -628.0% | ||
| Q3 24 | — | -23.8% | ||
| Q2 24 | — | -24.4% |
净利率PFGRUN
| Q1 26 | 0.3% | — | ||
| Q4 25 | 11.3% | 8.9% | ||
| Q3 25 | 5.8% | 2.3% | ||
| Q2 25 | 11.1% | 49.1% | ||
| Q1 25 | 1.3% | 9.9% | ||
| Q4 24 | 19.1% | -542.7% | ||
| Q3 24 | -7.3% | -15.6% | ||
| Q2 24 | 8.2% | 26.5% |
每股收益（稀释后）PFGRUN
| Q1 26 | — | — | ||
| Q4 25 | $2.30 | $0.38 | ||
| Q3 25 | $0.95 | $0.06 | ||
| Q2 25 | $1.79 | $1.07 | ||
| Q1 25 | $0.21 | $0.20 | ||
| Q4 24 | $3.92 | $-12.59 | ||
| Q3 24 | $-0.95 | $-0.37 | ||
| Q2 24 | $1.49 | $0.55 |
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 | — | — |
| 总债务越低越好 | — | $14.7B |
| 股东权益账面价值 | — | $3.1B |
| 总资产 | — | $22.6B |
| 负债/权益比越低杠杆越低 | — | 4.69× |
8季度趋势，按日历期对齐
现金及短期投资PFGRUN
| Q1 26 | — | — | ||
| Q4 25 | $4.4B | — | ||
| Q3 25 | $5.1B | — | ||
| Q2 25 | $3.7B | — | ||
| Q1 25 | $3.9B | — | ||
| Q4 24 | $4.2B | — | ||
| Q3 24 | $6.2B | — | ||
| Q2 24 | $4.8B | — |
总债务PFGRUN
| Q1 26 | — | — | ||
| Q4 25 | $3.9B | $14.7B | ||
| Q3 25 | $3.9B | $14.6B | ||
| Q2 25 | $3.9B | $14.0B | ||
| Q1 25 | $4.3B | $13.6B | ||
| Q4 24 | $4.0B | $12.9B | ||
| Q3 24 | $3.9B | $12.5B | ||
| Q2 24 | $3.9B | $12.0B |
股东权益PFGRUN
| Q1 26 | — | — | ||
| Q4 25 | $11.9B | $3.1B | ||
| Q3 25 | $11.7B | $3.0B | ||
| Q2 25 | $11.4B | $2.9B | ||
| Q1 25 | $11.2B | $2.6B | ||
| Q4 24 | $11.1B | $2.6B | ||
| Q3 24 | $11.2B | $5.3B | ||
| Q2 24 | $11.0B | $5.4B |
总资产PFGRUN
| Q1 26 | — | — | ||
| Q4 25 | $341.4B | $22.6B | ||
| Q3 25 | $334.5B | $22.2B | ||
| Q2 25 | $323.1B | $21.2B | ||
| Q1 25 | $313.0B | $20.4B | ||
| Q4 24 | $313.7B | $19.9B | ||
| Q3 24 | $322.9B | $22.1B | ||
| Q2 24 | $308.8B | $21.4B |
负债/权益比PFGRUN
| Q1 26 | — | — | ||
| Q4 25 | 0.33× | 4.69× | ||
| Q3 25 | 0.34× | 4.90× | ||
| Q2 25 | 0.34× | 4.80× | ||
| Q1 25 | 0.39× | 5.19× | ||
| Q4 24 | 0.36× | 5.05× | ||
| Q3 24 | 0.35× | 2.36× | ||
| Q2 24 | 0.36× | 2.23× |
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 | — | $96.9M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 0.94× |
| 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PFGRUN
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $96.9M | ||
| Q3 25 | $1.0B | $-121.5M | ||
| Q2 25 | $811.9M | $-292.7M | ||
| Q1 25 | $977.3M | $-104.2M | ||
| Q4 24 | $1.5B | $-258.4M | ||
| Q3 24 | $1.1B | $-156.2M | ||
| Q2 24 | $1.4B | $-208.5M |
自由现金流PFGRUN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-156.4M | ||
| Q2 24 | — | — |
自由现金流率PFGRUN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -29.1% | ||
| Q2 24 | — | — |
资本支出强度PFGRUN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | — |
现金转化率PFGRUN
| Q1 26 | — | — | ||
| Q4 25 | 3.37× | 0.94× | ||
| Q3 25 | 4.70× | -7.33× | ||
| Q2 25 | 2.00× | -1.05× | ||
| Q1 25 | 20.32× | -2.08× | ||
| Q4 24 | 1.61× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 4.05× | -1.50× |
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
PFG
暂无分部数据
RUN
| Products | $692.3M | 60% |
| Customer Agreements | $435.2M | 38% |
| Manufactured Product Other | $56.7M | 5% |
| Incentives | $31.3M | 3% |
