vs
北极星（PII）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的季度营收约是北极星的1.3倍（$2.2B vs $1.7B），RENAISSANCERE HOLDINGS LTD净利率更高（23.5% vs -2.8%，领先26.3%），北极星同比增速更快（8.0% vs -36.8%），过去两年北极星的营收复合增速更高（-8.0% vs -11.9%）
北极星公司（Polaris Inc.）是总部位于美国明尼苏达州麦地那的机动车制造企业，创立于明尼苏达州罗索，当地目前仍保留其工程研发与生产设施。公司曾通过胜利摩托子公司生产摩托车，2011年收购印第安摩托品牌后转由该子公司运营摩托业务，此前还曾生产私人水上摩托艇产品。
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。
PII vs RNR — 直观对比
营收规模更大
RNR
是对方的1.3倍
$1.7B
营收增速更快
PII
高出44.8%
-36.8%
净利率更高
RNR
高出26.3%
-2.8%
两年增速更快
PII
近两年复合增速
-11.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $2.2B |
| 净利润 | $-47.2M | $515.8M |
| 毛利率 | 20.2% | — |
| 营业利润率 | 76.5% | — |
| 净利率 | -2.8% | 23.5% |
| 营收同比 | 8.0% | -36.8% |
| 净利润同比 | 29.0% | 72.6% |
| 每股收益（稀释后） | $-0.83 | $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PIIRNR
| Q1 26 | $1.7B | $2.2B | ||
| Q4 25 | $1.9B | $3.0B | ||
| Q3 25 | $1.8B | $3.2B | ||
| Q2 25 | $1.9B | $3.2B | ||
| Q1 25 | $1.5B | $3.5B | ||
| Q4 24 | $1.8B | $2.3B | ||
| Q3 24 | $1.7B | $4.0B | ||
| Q2 24 | $2.0B | $2.8B |
净利润PIIRNR
| Q1 26 | $-47.2M | $515.8M | ||
| Q4 25 | $-303.6M | $760.5M | ||
| Q3 25 | $-15.8M | $916.5M | ||
| Q2 25 | $-79.3M | $835.4M | ||
| Q1 25 | $-66.8M | $170.0M | ||
| Q4 24 | $10.6M | $-189.7M | ||
| Q3 24 | $27.7M | $1.2B | ||
| Q2 24 | $68.7M | $503.9M |
毛利率PIIRNR
| Q1 26 | 20.2% | — | ||
| Q4 25 | 20.0% | — | ||
| Q3 25 | 20.7% | — | ||
| Q2 25 | 19.4% | — | ||
| Q1 25 | 16.0% | — | ||
| Q4 24 | 20.4% | — | ||
| Q3 24 | 20.6% | — | ||
| Q2 24 | 21.6% | — |
营业利润率PIIRNR
| Q1 26 | 76.5% | — | ||
| Q4 25 | -16.7% | 42.5% | ||
| Q3 25 | 1.1% | 46.3% | ||
| Q2 25 | -0.7% | 41.8% | ||
| Q1 25 | -2.4% | -2.0% | ||
| Q4 24 | 3.7% | -3.6% | ||
| Q3 24 | 3.8% | 43.7% | ||
| Q2 24 | 6.1% | 25.0% |
净利率PIIRNR
| Q1 26 | -2.8% | 23.5% | ||
| Q4 25 | -15.8% | 25.6% | ||
| Q3 25 | -0.9% | 28.7% | ||
| Q2 25 | -4.3% | 26.1% | ||
| Q1 25 | -4.3% | 4.9% | ||
| Q4 24 | 0.6% | -8.3% | ||
| Q3 24 | 1.6% | 29.8% | ||
| Q2 24 | 3.5% | 17.8% |
每股收益（稀释后）PIIRNR
| Q1 26 | $-0.83 | $6.57 | ||
| Q4 25 | $-5.34 | $16.16 | ||
| Q3 25 | $-0.28 | $19.40 | ||
| Q2 25 | $-1.39 | $17.20 | ||
| Q1 25 | $-1.17 | $3.27 | ||
| Q4 24 | $0.18 | $-3.76 | ||
| Q3 24 | $0.49 | $22.62 | ||
| Q2 24 | $1.21 | $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 | $282.0M | $1.6B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $750.4M | $4.3B |
| 总资产 | $5.2B | $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PIIRNR
| Q1 26 | $282.0M | $1.6B | ||
| Q4 25 | $138.0M | $1.7B | ||
| Q3 25 | $335.5M | $1.7B | ||
| Q2 25 | $324.3M | $1.4B | ||
| Q1 25 | $291.7M | $1.6B | ||
| Q4 24 | $287.8M | $1.7B | ||
| Q3 24 | $291.3M | $1.6B | ||
| Q2 24 | $322.7M | $1.6B |
总债务PIIRNR
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $2.3B | ||
| Q3 25 | $1.3B | $2.2B | ||
| Q2 25 | $1.4B | $2.3B | ||
| Q1 25 | $1.6B | $2.8B | ||
| Q4 24 | $1.6B | $1.9B | ||
| Q3 24 | $1.7B | $1.9B | ||
| Q2 24 | $2.1B | $2.0B |
股东权益PIIRNR
| Q1 26 | $750.4M | $4.3B | ||
| Q4 25 | $828.4M | $11.6B | ||
| Q3 25 | $1.1B | $11.5B | ||
| Q2 25 | $1.2B | $10.8B | ||
| Q1 25 | $1.2B | $10.3B | ||
| Q4 24 | $1.3B | $10.6B | ||
| Q3 24 | $1.3B | $11.2B | ||
| Q2 24 | $1.3B | $10.2B |
总资产PIIRNR
| Q1 26 | $5.2B | $53.7B | ||
| Q4 25 | $4.9B | $53.8B | ||
| Q3 25 | $5.3B | $54.5B | ||
| Q2 25 | $5.4B | $54.7B | ||
| Q1 25 | $5.5B | $53.6B | ||
| Q4 24 | $5.5B | $50.7B | ||
| Q3 24 | $5.6B | $52.8B | ||
| Q2 24 | $5.7B | $51.6B |
负债/权益比PIIRNR
| Q1 26 | — | — | ||
| Q4 25 | 1.82× | 0.20× | ||
| Q3 25 | 1.13× | 0.19× | ||
| Q2 25 | 1.17× | 0.21× | ||
| Q1 25 | 1.32× | 0.27× | ||
| Q4 24 | 1.27× | 0.18× | ||
| Q3 24 | 1.29× | 0.17× | ||
| Q2 24 | 1.56× | 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 | — | — |
| 自由现金流经营现金流 - 资本支出 | $-342.5M | — |
| 自由现金流率自由现金流/营收 | -20.6% | — |
| 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 | — | — |
| 过去12个月自由现金流最近4个季度 | $168.0M | — |
8季度趋势，按日历期对齐
经营现金流PIIRNR
| Q1 26 | — | — | ||
| Q4 25 | $178.7M | $483.0M | ||
| Q3 25 | $158.8M | $1.6B | ||
| Q2 25 | $320.3M | $1.5B | ||
| Q1 25 | $83.2M | $157.8M | ||
| Q4 24 | $206.3M | $778.9M | ||
| Q3 24 | $21.0M | $1.5B | ||
| Q2 24 | $146.3M | $1.2B |
自由现金流PIIRNR
| Q1 26 | $-342.5M | — | ||
| Q4 25 | $114.0M | — | ||
| Q3 25 | $116.7M | — | ||
| Q2 25 | $279.8M | — | ||
| Q1 25 | $47.6M | — | ||
| Q4 24 | $137.3M | — | ||
| Q3 24 | $-32.4M | — | ||
| Q2 24 | $79.1M | — |
自由现金流率PIIRNR
| Q1 26 | -20.6% | — | ||
| Q4 25 | 5.9% | — | ||
| Q3 25 | 6.3% | — | ||
| Q2 25 | 15.1% | — | ||
| Q1 25 | 3.1% | — | ||
| Q4 24 | 7.8% | — | ||
| Q3 24 | -1.9% | — | ||
| Q2 24 | 4.0% | — |
资本支出强度PIIRNR
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | — | ||
| Q3 25 | 2.3% | — | ||
| Q2 25 | 2.2% | — | ||
| Q1 25 | 2.3% | — | ||
| Q4 24 | 3.9% | — | ||
| Q3 24 | 3.1% | — | ||
| Q2 24 | 3.4% | — |
现金转化率PIIRNR
| Q1 26 | — | — | ||
| Q4 25 | — | 0.64× | ||
| Q3 25 | — | 1.73× | ||
| Q2 25 | — | 1.76× | ||
| Q1 25 | — | 0.93× | ||
| Q4 24 | 19.46× | — | ||
| Q3 24 | 0.76× | 1.26× | ||
| Q2 24 | 2.13× | 2.41× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
