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先锋自然资源公司（PR）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的季度营收约是先锋自然资源公司的1.9倍（$2.2B vs $1.2B），先锋自然资源公司净利率更高（29.0% vs 23.5%，领先5.5%），先锋自然资源公司同比增速更快（-9.8% vs -36.8%），过去两年先锋自然资源公司的营收复合增速更高（-3.0% vs -11.9%）
先锋自然资源公司总部位于美国得克萨斯州欧文市，主要从事油气勘探业务，运营覆盖二叠纪盆地Spraberry产区的克莱恩页岩区块，是该区域最大的土地权益持有方，2024年5月被埃克森美孚收购。
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。
PR vs RNR — 直观对比
营收规模更大
RNR
是对方的1.9倍
$1.2B
营收增速更快
PR
高出27.0%
-36.8%
净利率更高
PR
高出5.5%
23.5%
两年增速更快
PR
近两年复合增速
-11.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $2.2B |
| 净利润 | $339.5M | $515.8M |
| 毛利率 | — | — |
| 营业利润率 | 23.1% | — |
| 净利率 | 29.0% | 23.5% |
| 营收同比 | -9.8% | -36.8% |
| 净利润同比 | 56.7% | 72.6% |
| 每股收益（稀释后） | $0.48 | $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PRRNR
| Q1 26 | — | $2.2B | ||
| Q4 25 | $1.2B | $3.0B | ||
| Q3 25 | $1.3B | $3.2B | ||
| Q2 25 | $1.2B | $3.2B | ||
| Q1 25 | $1.4B | $3.5B | ||
| Q4 24 | $1.3B | $2.3B | ||
| Q3 24 | $1.2B | $4.0B | ||
| Q2 24 | $1.2B | $2.8B |
净利润PRRNR
| Q1 26 | — | $515.8M | ||
| Q4 25 | $339.5M | $760.5M | ||
| Q3 25 | $59.2M | $916.5M | ||
| Q2 25 | $207.1M | $835.4M | ||
| Q1 25 | $329.3M | $170.0M | ||
| Q4 24 | $216.7M | $-189.7M | ||
| Q3 24 | $386.4M | $1.2B | ||
| Q2 24 | $235.1M | $503.9M |
营业利润率PRRNR
| Q1 26 | — | — | ||
| Q4 25 | 23.1% | 42.5% | ||
| Q3 25 | 29.6% | 46.3% | ||
| Q2 25 | 24.8% | 41.8% | ||
| Q1 25 | 36.6% | -2.0% | ||
| Q4 24 | 32.8% | -3.6% | ||
| Q3 24 | 32.5% | 43.7% | ||
| Q2 24 | 36.5% | 25.0% |
净利率PRRNR
| Q1 26 | — | 23.5% | ||
| Q4 25 | 29.0% | 25.6% | ||
| Q3 25 | 4.5% | 28.7% | ||
| Q2 25 | 17.3% | 26.1% | ||
| Q1 25 | 23.9% | 4.9% | ||
| Q4 24 | 16.7% | -8.3% | ||
| Q3 24 | 31.8% | 29.8% | ||
| Q2 24 | 18.9% | 17.8% |
每股收益（稀释后）PRRNR
| Q1 26 | — | $6.57 | ||
| Q4 25 | $0.48 | $16.16 | ||
| Q3 25 | $0.08 | $19.40 | ||
| Q2 25 | $0.28 | $17.20 | ||
| Q1 25 | $0.44 | $3.27 | ||
| Q4 24 | $0.31 | $-3.76 | ||
| Q3 24 | $0.53 | $22.62 | ||
| Q2 24 | $0.36 | $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 | $153.7M | $1.6B |
| 总债务越低越好 | $3.5B | — |
| 股东权益账面价值 | $10.3B | $4.3B |
| 总资产 | $17.9B | $53.7B |
| 负债/权益比越低杠杆越低 | 0.34× | — |
8季度趋势，按日历期对齐
现金及短期投资PRRNR
| Q1 26 | — | $1.6B | ||
| Q4 25 | $153.7M | $1.7B | ||
| Q3 25 | $111.8M | $1.7B | ||
| Q2 25 | $451.0M | $1.4B | ||
| Q1 25 | $702.2M | $1.6B | ||
| Q4 24 | $479.3M | $1.7B | ||
| Q3 24 | $272.0M | $1.6B | ||
| Q2 24 | $47.8M | $1.6B |
总债务PRRNR
| Q1 26 | — | — | ||
| Q4 25 | $3.5B | $2.3B | ||
| Q3 25 | $3.5B | $2.2B | ||
| Q2 25 | $4.0B | $2.3B | ||
| Q1 25 | $4.0B | $2.8B | ||
| Q4 24 | $4.2B | $1.9B | ||
| Q3 24 | $4.2B | $1.9B | ||
| Q2 24 | $3.9B | $2.0B |
股东权益PRRNR
| Q1 26 | — | $4.3B | ||
| Q4 25 | $10.3B | $11.6B | ||
| Q3 25 | $10.0B | $11.5B | ||
| Q2 25 | $9.5B | $10.8B | ||
| Q1 25 | $9.4B | $10.3B | ||
| Q4 24 | $9.1B | $10.6B | ||
| Q3 24 | $9.0B | $11.2B | ||
| Q2 24 | $8.3B | $10.2B |
总资产PRRNR
| Q1 26 | — | $53.7B | ||
| Q4 25 | $17.9B | $53.8B | ||
| Q3 25 | $17.3B | $54.5B | ||
| Q2 25 | $17.5B | $54.7B | ||
| Q1 25 | $17.1B | $53.6B | ||
| Q4 24 | $16.9B | $50.7B | ||
| Q3 24 | $16.6B | $52.8B | ||
| Q2 24 | $15.4B | $51.6B |
负债/权益比PRRNR
| Q1 26 | — | — | ||
| Q4 25 | 0.34× | 0.20× | ||
| Q3 25 | 0.35× | 0.19× | ||
| Q2 25 | 0.42× | 0.21× | ||
| Q1 25 | 0.43× | 0.27× | ||
| Q4 24 | 0.46× | 0.18× | ||
| Q3 24 | 0.47× | 0.17× | ||
| Q2 24 | 0.46× | 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 | $904.3M | — |
| 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 | 2.66× | — |
| 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PRRNR
| Q1 26 | — | — | ||
| Q4 25 | $904.3M | $483.0M | ||
| Q3 25 | $766.5M | $1.6B | ||
| Q2 25 | $1.0B | $1.5B | ||
| Q1 25 | $898.0M | $157.8M | ||
| Q4 24 | $871.6M | $778.9M | ||
| Q3 24 | $954.4M | $1.5B | ||
| Q2 24 | $938.4M | $1.2B |
现金转化率PRRNR
| Q1 26 | — | — | ||
| Q4 25 | 2.66× | 0.64× | ||
| Q3 25 | 12.94× | 1.73× | ||
| Q2 25 | 5.01× | 1.76× | ||
| Q1 25 | 2.73× | 0.93× | ||
| Q4 24 | 4.02× | — | ||
| Q3 24 | 2.47× | 1.26× | ||
| Q2 24 | 3.99× | 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
PR
| Crude Oil | $1.0B | 87% |
| Natural Gas Liquids Reserves | $145.1M | 12% |
RNR
暂无分部数据
