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帕森斯公司（PSN）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的季度营收约是帕森斯公司的1.4倍（$2.2B vs $1.6B），RENAISSANCERE HOLDINGS LTD净利率更高（23.5% vs 3.5%，领先20.0%），帕森斯公司同比增速更快（-7.5% vs -36.8%），过去两年帕森斯公司的营收复合增速更高（2.2% vs -11.9%）
帕森斯公司是一家总部位于美国弗吉尼亚州尚蒂利的跨国企业，1944年成立，核心业务覆盖国防、情报、基础设施工程领域，深耕技术研发，在全球30多个国家为政府及私营部门客户提供专业解决方案。
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。
PSN vs RNR — 直观对比
营收规模更大
RNR
是对方的1.4倍
$1.6B
营收增速更快
PSN
高出29.2%
-36.8%
净利率更高
RNR
高出20.0%
3.5%
两年增速更快
PSN
近两年复合增速
-11.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $2.2B |
| 净利润 | $55.6M | $515.8M |
| 毛利率 | 23.0% | — |
| 营业利润率 | 6.6% | — |
| 净利率 | 3.5% | 23.5% |
| 营收同比 | -7.5% | -36.8% |
| 净利润同比 | -72.4% | 72.6% |
| 每股收益（稀释后） | $0.51 | $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PSNRNR
| Q1 26 | — | $2.2B | ||
| Q4 25 | $1.6B | $3.0B | ||
| Q3 25 | $1.6B | $3.2B | ||
| Q2 25 | $1.6B | $3.2B | ||
| Q1 25 | $1.6B | $3.5B | ||
| Q4 24 | $1.7B | $2.3B | ||
| Q3 24 | $1.8B | $4.0B | ||
| Q2 24 | $1.7B | $2.8B |
净利润PSNRNR
| Q1 26 | — | $515.8M | ||
| Q4 25 | $55.6M | $760.5M | ||
| Q3 25 | $64.1M | $916.5M | ||
| Q2 25 | $55.2M | $835.4M | ||
| Q1 25 | $66.2M | $170.0M | ||
| Q4 24 | $201.3M | $-189.7M | ||
| Q3 24 | $72.0M | $1.2B | ||
| Q2 24 | $69.2M | $503.9M |
毛利率PSNRNR
| Q1 26 | — | — | ||
| Q4 25 | 23.0% | — | ||
| Q3 25 | 22.2% | — | ||
| Q2 25 | 22.0% | — | ||
| Q1 25 | 22.8% | — | ||
| Q4 24 | 21.3% | — | ||
| Q3 24 | 19.9% | — | ||
| Q2 24 | 21.0% | — |
营业利润率PSNRNR
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 42.5% | ||
| Q3 25 | 6.7% | 46.3% | ||
| Q2 25 | 6.0% | 41.8% | ||
| Q1 25 | 7.0% | -2.0% | ||
| Q4 24 | 5.8% | -3.6% | ||
| Q3 24 | 6.4% | 43.7% | ||
| Q2 24 | 6.7% | 25.0% |
净利率PSNRNR
| Q1 26 | — | 23.5% | ||
| Q4 25 | 3.5% | 25.6% | ||
| Q3 25 | 4.0% | 28.7% | ||
| Q2 25 | 3.5% | 26.1% | ||
| Q1 25 | 4.3% | 4.9% | ||
| Q4 24 | 11.6% | -8.3% | ||
| Q3 24 | 4.0% | 29.8% | ||
| Q2 24 | 4.1% | 17.8% |
每股收益（稀释后）PSNRNR
| Q1 26 | — | $6.57 | ||
| Q4 25 | $0.51 | $16.16 | ||
| Q3 25 | $0.59 | $19.40 | ||
| Q2 25 | $0.50 | $17.20 | ||
| Q1 25 | $0.60 | $3.27 | ||
| Q4 24 | $1.85 | $-3.76 | ||
| Q3 24 | $0.65 | $22.62 | ||
| Q2 24 | $0.63 | $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 | $466.4M | $1.6B |
| 总债务越低越好 | $1.2B | — |
| 股东权益账面价值 | $2.6B | $4.3B |
| 总资产 | $5.8B | $53.7B |
| 负债/权益比越低杠杆越低 | 0.47× | — |
8季度趋势，按日历期对齐
现金及短期投资PSNRNR
| Q1 26 | — | $1.6B | ||
| Q4 25 | $466.4M | $1.7B | ||
| Q3 25 | $422.6M | $1.7B | ||
| Q2 25 | $411.3M | $1.4B | ||
| Q1 25 | $269.7M | $1.6B | ||
| Q4 24 | $453.5M | $1.7B | ||
| Q3 24 | $558.8M | $1.6B | ||
| Q2 24 | $528.5M | $1.6B |
总债务PSNRNR
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $2.3B | ||
| Q3 25 | $1.2B | $2.2B | ||
| Q2 25 | $1.2B | $2.3B | ||
| Q1 25 | $785.2M | $2.8B | ||
| Q4 24 | $784.1M | $1.9B | ||
| Q3 24 | $1.1B | $1.9B | ||
| Q2 24 | $1.2B | $2.0B |
股东权益PSNRNR
| Q1 26 | — | $4.3B | ||
| Q4 25 | $2.6B | $11.6B | ||
| Q3 25 | $2.6B | $11.5B | ||
| Q2 25 | $2.5B | $10.8B | ||
| Q1 25 | $2.5B | $10.3B | ||
| Q4 24 | $2.4B | $10.6B | ||
| Q3 24 | $2.3B | $11.2B | ||
| Q2 24 | $2.2B | $10.2B |
总资产PSNRNR
| Q1 26 | — | $53.7B | ||
| Q4 25 | $5.8B | $53.8B | ||
| Q3 25 | $5.7B | $54.5B | ||
| Q2 25 | $5.7B | $54.7B | ||
| Q1 25 | $5.4B | $53.6B | ||
| Q4 24 | $5.5B | $50.7B | ||
| Q3 24 | $5.4B | $52.8B | ||
| Q2 24 | $5.2B | $51.6B |
负债/权益比PSNRNR
| Q1 26 | — | — | ||
| Q4 25 | 0.47× | 0.20× | ||
| Q3 25 | 0.48× | 0.19× | ||
| Q2 25 | 0.49× | 0.21× | ||
| Q1 25 | 0.32× | 0.27× | ||
| Q4 24 | 0.32× | 0.18× | ||
| Q3 24 | 0.49× | 0.17× | ||
| Q2 24 | 0.56× | 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 | $167.5M | — |
| 自由现金流经营现金流 - 资本支出 | $135.6M | — |
| 自由现金流率自由现金流/营收 | 8.5% | — |
| 资本支出强度资本支出/营收 | 2.0% | — |
| 现金转化率经营现金流/净利润 | 3.01× | — |
| 过去12个月自由现金流最近4个季度 | $410.4M | — |
8季度趋势，按日历期对齐
经营现金流PSNRNR
| Q1 26 | — | — | ||
| Q4 25 | $167.5M | $483.0M | ||
| Q3 25 | $162.8M | $1.6B | ||
| Q2 25 | $159.8M | $1.5B | ||
| Q1 25 | $-11.8M | $157.8M | ||
| Q4 24 | $126.8M | $778.9M | ||
| Q3 24 | $299.0M | $1.5B | ||
| Q2 24 | $161.2M | $1.2B |
自由现金流PSNRNR
| Q1 26 | — | — | ||
| Q4 25 | $135.6M | — | ||
| Q3 25 | $149.7M | — | ||
| Q2 25 | $150.4M | — | ||
| Q1 25 | $-25.3M | — | ||
| Q4 24 | $108.0M | — | ||
| Q3 24 | $287.3M | — | ||
| Q2 24 | $152.0M | — |
自由现金流率PSNRNR
| Q1 26 | — | — | ||
| Q4 25 | 8.5% | — | ||
| Q3 25 | 9.2% | — | ||
| Q2 25 | 9.5% | — | ||
| Q1 25 | -1.6% | — | ||
| Q4 24 | 6.2% | — | ||
| Q3 24 | 15.9% | — | ||
| Q2 24 | 9.1% | — |
资本支出强度PSNRNR
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | — | ||
| Q3 25 | 0.8% | — | ||
| Q2 25 | 0.6% | — | ||
| Q1 25 | 0.9% | — | ||
| Q4 24 | 1.1% | — | ||
| Q3 24 | 0.6% | — | ||
| Q2 24 | 0.6% | — |
现金转化率PSNRNR
| Q1 26 | — | — | ||
| Q4 25 | 3.01× | 0.64× | ||
| Q3 25 | 2.54× | 1.73× | ||
| Q2 25 | 2.89× | 1.76× | ||
| Q1 25 | -0.18× | 0.93× | ||
| Q4 24 | 0.63× | — | ||
| Q3 24 | 4.16× | 1.26× | ||
| Q2 24 | 2.33× | 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
PSN
| Unconsolidated Joint Ventures | $582.1M | 36% |
| Defense And Intelligence | $502.8M | 31% |
| Engineered Systems | $281.4M | 18% |
| Consolidated Joint Ventures | $216.7M | 14% |
| TRS Group Inc | $9.4M | 1% |
RNR
暂无分部数据
