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Progressive Corporation（PGR）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
Progressive Corporation的季度营收约是RENAISSANCERE HOLDINGS LTD的7.7倍（$22.7B vs $3.0B）。RENAISSANCERE HOLDINGS LTD净利率更高（25.6% vs 13.0%，领先12.6%）。RENAISSANCERE HOLDINGS LTD同比增速更快（29.6% vs 12.2%）。过去两年Progressive Corporation的营收复合增速更高（14.9% vs 6.9%）
美国Progressive Corporation是1937年由杰克·格林与约瑟夫·M·刘易斯联合创立的保险公司，总部位于俄亥俄州梅菲尔德，是美国第二大汽车保险服务商，仅次于州立农业保险。其业务覆盖乘用车、摩托车、房车、船只、商用车等险种，同时通过合作机构提供家财险、寿险、宠物险等多元保险产品。
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。
PGR vs RNR — 直观对比
营收规模更大
PGR
是对方的7.7倍
$3.0B
营收增速更快
RNR
高出17.4%
12.2%
净利率更高
RNR
高出12.6%
13.0%
两年增速更快
PGR
近两年复合增速
6.9%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $22.7B | $3.0B |
| 净利润 | $3.0B | $760.5M |
| 毛利率 | — | — |
| 营业利润率 | 16.2% | 42.5% |
| 净利率 | 13.0% | 25.6% |
| 营收同比 | 12.2% | 29.6% |
| 净利润同比 | 25.3% | 501.0% |
| 每股收益（稀释后） | $5.01 | $16.16 |
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PGRRNR
| Q4 25 | $22.7B | $3.0B | ||
| Q3 25 | $22.5B | $3.2B | ||
| Q2 25 | $22.0B | $3.2B | ||
| Q1 25 | $20.4B | $3.5B | ||
| Q4 24 | $20.3B | $2.3B | ||
| Q3 24 | $19.7B | $4.0B | ||
| Q2 24 | $18.1B | $2.8B | ||
| Q1 24 | $17.2B | $2.6B |
净利润PGRRNR
| Q4 25 | $3.0B | $760.5M | ||
| Q3 25 | $2.6B | $916.5M | ||
| Q2 25 | $3.2B | $835.4M | ||
| Q1 25 | $2.6B | $170.0M | ||
| Q4 24 | $2.4B | $-189.7M | ||
| Q3 24 | $2.3B | $1.2B | ||
| Q2 24 | $1.5B | $503.9M | ||
| Q1 24 | $2.3B | $373.6M |
营业利润率PGRRNR
| Q4 25 | 16.2% | 42.5% | ||
| Q3 25 | 14.8% | 46.3% | ||
| Q2 25 | 18.1% | 41.8% | ||
| Q1 25 | 15.9% | -2.0% | ||
| Q4 24 | 14.6% | -3.6% | ||
| Q3 24 | 14.9% | 43.7% | ||
| Q2 24 | 10.3% | 25.0% | ||
| Q1 24 | 17.1% | 24.4% |
净利率PGRRNR
| Q4 25 | 13.0% | 25.6% | ||
| Q3 25 | 11.6% | 28.7% | ||
| Q2 25 | 14.4% | 26.1% | ||
| Q1 25 | 12.6% | 4.9% | ||
| Q4 24 | 11.6% | -8.3% | ||
| Q3 24 | 11.8% | 29.8% | ||
| Q2 24 | 8.0% | 17.8% | ||
| Q1 24 | 13.5% | 14.4% |
每股收益（稀释后）PGRRNR
| Q4 25 | $5.01 | $16.16 | ||
| Q3 25 | $4.45 | $19.40 | ||
| Q2 25 | $5.40 | $17.20 | ||
| Q1 25 | $4.37 | $3.27 | ||
| Q4 24 | $4.01 | $-3.76 | ||
| Q3 24 | $3.97 | $22.62 | ||
| Q2 24 | $2.48 | $9.41 | ||
| Q1 24 | $3.94 | $6.94 |
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 | $10.0B | $1.7B |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $30.3B | $11.6B |
| 总资产 | $123.0B | $53.8B |
| 负债/权益比越低杠杆越低 | — | 0.20× |
8季度趋势，按日历期对齐
现金及短期投资PGRRNR
| Q4 25 | $10.0B | $1.7B | ||
| Q3 25 | $1.5B | $1.7B | ||
| Q2 25 | $2.1B | $1.4B | ||
| Q1 25 | $2.6B | $1.6B | ||
| Q4 24 | $615.0M | $1.7B | ||
| Q3 24 | $757.0M | $1.6B | ||
| Q2 24 | $733.0M | $1.6B | ||
| Q1 24 | $1.3B | $1.6B |
总债务PGRRNR
| 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 | ||
| Q1 24 | — | $1.9B |
股东权益PGRRNR
| Q4 25 | $30.3B | $11.6B | ||
| Q3 25 | $35.4B | $11.5B | ||
| Q2 25 | $32.6B | $10.8B | ||
| Q1 25 | $29.0B | $10.3B | ||
| Q4 24 | $25.6B | $10.6B | ||
| Q3 24 | $27.2B | $11.2B | ||
| Q2 24 | $23.3B | $10.2B | ||
| Q1 24 | $21.8B | $9.8B |
总资产PGRRNR
| Q4 25 | $123.0B | $53.8B | ||
| Q3 25 | $121.5B | $54.5B | ||
| Q2 25 | $115.5B | $54.7B | ||
| Q1 25 | $111.4B | $53.6B | ||
| Q4 24 | $105.7B | $50.7B | ||
| Q3 24 | $105.2B | $52.8B | ||
| Q2 24 | $97.9B | $51.6B | ||
| Q1 24 | $94.1B | $50.9B |
负债/权益比PGRRNR
| 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× | ||
| Q1 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 | $3.2B | $483.0M |
| 自由现金流经营现金流 - 资本支出 | $3.0B | — |
| 自由现金流率自由现金流/营收 | 13.4% | — |
| 资本支出强度资本支出/营收 | 0.5% | — |
| 现金转化率经营现金流/净利润 | 1.07× | 0.64× |
| 过去12个月自由现金流最近4个季度 | $17.2B | — |
8季度趋势，按日历期对齐
经营现金流PGRRNR
| Q4 25 | $3.2B | $483.0M | ||
| Q3 25 | $5.2B | $1.6B | ||
| Q2 25 | $4.0B | $1.5B | ||
| Q1 25 | $5.1B | $157.8M | ||
| Q4 24 | $3.0B | $778.9M | ||
| Q3 24 | $4.6B | $1.5B | ||
| Q2 24 | $3.3B | $1.2B | ||
| Q1 24 | $4.2B | $683.5M |
自由现金流PGRRNR
| Q4 25 | $3.0B | — | ||
| Q3 25 | $5.1B | — | ||
| Q2 25 | $3.9B | — | ||
| Q1 25 | $5.1B | — | ||
| Q4 24 | $2.9B | — | ||
| Q3 24 | $4.6B | — | ||
| Q2 24 | $3.2B | — | ||
| Q1 24 | $4.2B | — |
自由现金流率PGRRNR
| Q4 25 | 13.4% | — | ||
| Q3 25 | 22.8% | — | ||
| Q2 25 | 17.9% | — | ||
| Q1 25 | 24.9% | — | ||
| Q4 24 | 14.3% | — | ||
| Q3 24 | 23.1% | — | ||
| Q2 24 | 17.6% | — | ||
| Q1 24 | 24.3% | — |
资本支出强度PGRRNR
| Q4 25 | 0.5% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.5% | — | ||
| Q1 25 | 0.3% | — | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | 0.3% | — | ||
| Q2 24 | 0.4% | — | ||
| Q1 24 | 0.3% | — |
现金转化率PGRRNR
| Q4 25 | 1.07× | 0.64× | ||
| Q3 25 | 1.99× | 1.73× | ||
| Q2 25 | 1.27× | 1.76× | ||
| Q1 25 | 2.00× | 0.93× | ||
| Q4 24 | 1.28× | — | ||
| Q3 24 | 1.97× | 1.26× | ||
| Q2 24 | 2.24× | 2.41× | ||
| Q1 24 | 1.82× | 1.83× |
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
PGR
| Other | $11.9B | 52% |
| Commercial Lines Segment | $10.9B | 48% |
| Other Indemnity | $2.0M | 0% |
RNR
暂无分部数据
