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PPL Corporation（PPL）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
PPL Corporation的季度营收约是RENAISSANCERE HOLDINGS LTD的1.1倍（$2.3B vs $2.2B），RENAISSANCERE HOLDINGS LTD净利率更高（23.5% vs 11.3%，领先12.2%），PPL Corporation同比增速更快（7.2% vs -36.8%），过去两年PPL Corporation的营收复合增速更高（1.0% vs -11.9%）
PPL公司是总部位于美国宾夕法尼亚州的能源公用事业控股企业，为宾州、肯塔基州、罗德岛州约350万居民及工商业用户提供电力与天然气供应服务，核心业务方向包括电网现代化升级、清洁能源转型、高可靠性可持续能源服务供给。
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。
PPL vs RNR — 直观对比
营收规模更大
PPL
是对方的1.1倍
$2.2B
营收增速更快
PPL
高出44.0%
-36.8%
净利率更高
RNR
高出12.2%
11.3%
两年增速更快
PPL
近两年复合增速
-11.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.3B | $2.2B |
| 净利润 | $266.0M | $515.8M |
| 毛利率 | — | — |
| 营业利润率 | 20.3% | — |
| 净利率 | 11.3% | 23.5% |
| 营收同比 | 7.2% | -36.8% |
| 净利润同比 | 50.3% | 72.6% |
| 每股收益（稀释后） | $0.35 | $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PPLRNR
| Q1 26 | — | $2.2B | ||
| Q4 25 | $2.3B | $3.0B | ||
| Q3 25 | $2.2B | $3.2B | ||
| Q2 25 | $2.0B | $3.2B | ||
| Q1 25 | $2.5B | $3.5B | ||
| Q4 24 | $2.2B | $2.3B | ||
| Q3 24 | $2.1B | $4.0B | ||
| Q2 24 | $1.9B | $2.8B |
净利润PPLRNR
| Q1 26 | — | $515.8M | ||
| Q4 25 | $266.0M | $760.5M | ||
| Q3 25 | $318.0M | $916.5M | ||
| Q2 25 | $183.0M | $835.4M | ||
| Q1 25 | $414.0M | $170.0M | ||
| Q4 24 | $177.0M | $-189.7M | ||
| Q3 24 | $214.0M | $1.2B | ||
| Q2 24 | $190.0M | $503.9M |
营业利润率PPLRNR
| Q1 26 | — | — | ||
| Q4 25 | 20.3% | 42.5% | ||
| Q3 25 | 25.4% | 46.3% | ||
| Q2 25 | 19.9% | 41.8% | ||
| Q1 25 | 26.6% | -2.0% | ||
| Q4 24 | 17.2% | -3.6% | ||
| Q3 24 | 20.6% | 43.7% | ||
| Q2 24 | 20.8% | 25.0% |
净利率PPLRNR
| Q1 26 | — | 23.5% | ||
| Q4 25 | 11.3% | 25.6% | ||
| Q3 25 | 14.2% | 28.7% | ||
| Q2 25 | 9.0% | 26.1% | ||
| Q1 25 | 16.3% | 4.9% | ||
| Q4 24 | 8.1% | -8.3% | ||
| Q3 24 | 10.3% | 29.8% | ||
| Q2 24 | 10.1% | 17.8% |
每股收益（稀释后）PPLRNR
| Q1 26 | — | $6.57 | ||
| Q4 25 | $0.35 | $16.16 | ||
| Q3 25 | $0.43 | $19.40 | ||
| Q2 25 | $0.25 | $17.20 | ||
| Q1 25 | $0.56 | $3.27 | ||
| Q4 24 | $0.23 | $-3.76 | ||
| Q3 24 | $0.29 | $22.62 | ||
| Q2 24 | $0.26 | $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 | $1.1B | $1.6B |
| 总债务越低越好 | $18.9B | — |
| 股东权益账面价值 | $14.9B | $4.3B |
| 总资产 | $45.2B | $53.7B |
| 负债/权益比越低杠杆越低 | 1.27× | — |
8季度趋势，按日历期对齐
现金及短期投资PPLRNR
| Q1 26 | — | $1.6B | ||
| Q4 25 | $1.1B | $1.7B | ||
| Q3 25 | $1.1B | $1.7B | ||
| Q2 25 | $294.0M | $1.4B | ||
| Q1 25 | $312.0M | $1.6B | ||
| Q4 24 | $306.0M | $1.7B | ||
| Q3 24 | $542.0M | $1.6B | ||
| Q2 24 | $282.0M | $1.6B |
总债务PPLRNR
| Q1 26 | — | — | ||
| Q4 25 | $18.9B | $2.3B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | $16.5B | $1.9B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $2.0B |
股东权益PPLRNR
| Q1 26 | — | $4.3B | ||
| Q4 25 | $14.9B | $11.6B | ||
| Q3 25 | $14.4B | $11.5B | ||
| Q2 25 | $14.3B | $10.8B | ||
| Q1 25 | $14.3B | $10.3B | ||
| Q4 24 | $14.1B | $10.6B | ||
| Q3 24 | $14.1B | $11.2B | ||
| Q2 24 | $14.1B | $10.2B |
总资产PPLRNR
| Q1 26 | — | $53.7B | ||
| Q4 25 | $45.2B | $53.8B | ||
| Q3 25 | $43.9B | $54.5B | ||
| Q2 25 | $42.4B | $54.7B | ||
| Q1 25 | $41.8B | $53.6B | ||
| Q4 24 | $41.1B | $50.7B | ||
| Q3 24 | $40.5B | $52.8B | ||
| Q2 24 | $39.8B | $51.6B |
负债/权益比PPLRNR
| Q1 26 | — | — | ||
| Q4 25 | 1.27× | 0.20× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | 1.17× | 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 | $548.0M | — |
| 自由现金流经营现金流 - 资本支出 | $-614.0M | — |
| 自由现金流率自由现金流/营收 | -26.1% | — |
| 资本支出强度资本支出/营收 | 49.5% | — |
| 现金转化率经营现金流/净利润 | 2.06× | — |
| 过去12个月自由现金流最近4个季度 | $-1.4B | — |
8季度趋势，按日历期对齐
经营现金流PPLRNR
| Q1 26 | — | — | ||
| Q4 25 | $548.0M | $483.0M | ||
| Q3 25 | $966.0M | $1.6B | ||
| Q2 25 | $602.0M | $1.5B | ||
| Q1 25 | $513.0M | $157.8M | ||
| Q4 24 | $511.0M | $778.9M | ||
| Q3 24 | $781.0M | $1.5B | ||
| Q2 24 | $766.0M | $1.2B |
自由现金流PPLRNR
| Q1 26 | — | — | ||
| Q4 25 | $-614.0M | — | ||
| Q3 25 | $-179.0M | — | ||
| Q2 25 | $-328.0M | — | ||
| Q1 25 | $-280.0M | — | ||
| Q4 24 | $-349.0M | — | ||
| Q3 24 | $102.0M | — | ||
| Q2 24 | $96.0M | — |
自由现金流率PPLRNR
| Q1 26 | — | — | ||
| Q4 25 | -26.1% | — | ||
| Q3 25 | -8.0% | — | ||
| Q2 25 | -16.1% | — | ||
| Q1 25 | -11.0% | — | ||
| Q4 24 | -15.9% | — | ||
| Q3 24 | 4.9% | — | ||
| Q2 24 | 5.1% | — |
资本支出强度PPLRNR
| Q1 26 | — | — | ||
| Q4 25 | 49.5% | — | ||
| Q3 25 | 51.2% | — | ||
| Q2 25 | 45.6% | — | ||
| Q1 25 | 31.2% | — | ||
| Q4 24 | 39.3% | — | ||
| Q3 24 | 32.7% | — | ||
| Q2 24 | 35.8% | — |
现金转化率PPLRNR
| Q1 26 | — | — | ||
| Q4 25 | 2.06× | 0.64× | ||
| Q3 25 | 3.04× | 1.73× | ||
| Q2 25 | 3.29× | 1.76× | ||
| Q1 25 | 1.24× | 0.93× | ||
| Q4 24 | 2.89× | — | ||
| Q3 24 | 3.65× | 1.26× | ||
| Q2 24 | 4.03× | 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
PPL
| Rhode Island Regulated | $539.0M | 23% |
| Other | $532.0M | 23% |
| Residential | $451.0M | 19% |
| Nonrelated Party | $425.0M | 18% |
| Transmission | $228.0M | 10% |
| Commercial | $117.0M | 5% |
| Wholesale Other | $23.0M | 1% |
| Industrial | $14.0M | 1% |
| Related Party | $13.0M | 1% |
| Wholesale Municipal | $6.0M | 0% |
RNR
暂无分部数据
