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RADIAN GROUP INC（RDN）与ROGERS CORP（ROG）财务数据对比。点击上方公司名可切换其他公司
RADIAN GROUP INC的季度营收约是ROGERS CORP的1.5倍（$300.5M vs $200.5M），RADIAN GROUP INC净利率更高（51.5% vs 2.2%，领先49.3%），ROGERS CORP同比增速更快（5.2% vs 2.7%），RADIAN GROUP INC自由现金流更多（$115.7M vs $1.1M），过去两年RADIAN GROUP INC的营收复合增速更高（-0.2% vs -3.3%）
瑞迪安集团（Radian Group Inc.）是一家专业的 mortgage 保险公司，业务涵盖抵押贷款保险、风险管控、房地产服务及产权服务等多个板块，为住房金融市场提供完善的配套服务支持，助力行业降低信贷相关风险。
罗杰斯公司是一家专注于特种工程材料研发生产的企业，总部位于美国亚利桑那州钱德勒市，其产品广泛应用于先进电子、移动通信、清洁能源、航空航天等多个高科技领域，为全球客户提供高性能材料解决方案。
RDN vs ROG — 直观对比
营收规模更大
RDN
是对方的1.5倍
$200.5M
营收增速更快
ROG
高出2.6%
2.7%
净利率更高
RDN
高出49.3%
2.2%
自由现金流更多
RDN
多$114.6M
$1.1M
两年增速更快
RDN
近两年复合增速
-3.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $300.5M | $200.5M |
| 净利润 | $154.8M | $4.5M |
| 毛利率 | — | 32.2% |
| 营业利润率 | 76.2% | — |
| 净利率 | 51.5% | 2.2% |
| 营收同比 | 2.7% | 5.2% |
| 净利润同比 | 4.4% | 421.4% |
| 每股收益（稀释后） | $1.11 | $0.25 |
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RDNROG
| Q1 26 | — | $200.5M | ||
| Q4 25 | $300.5M | $201.5M | ||
| Q3 25 | $303.2M | $216.0M | ||
| Q2 25 | $298.6M | $202.8M | ||
| Q1 25 | $294.8M | $190.5M | ||
| Q4 24 | $292.7M | $192.2M | ||
| Q3 24 | $313.4M | $210.3M | ||
| Q2 24 | $298.6M | $214.2M |
净利润RDNROG
| Q1 26 | — | $4.5M | ||
| Q4 25 | $154.8M | $4.6M | ||
| Q3 25 | $141.4M | $8.6M | ||
| Q2 25 | $141.8M | $-73.6M | ||
| Q1 25 | $144.6M | $-1.4M | ||
| Q4 24 | $148.3M | $-500.0K | ||
| Q3 24 | $151.9M | $10.7M | ||
| Q2 24 | $151.9M | $8.1M |
毛利率RDNROG
| Q1 26 | — | 32.2% | ||
| Q4 25 | — | 31.5% | ||
| Q3 25 | — | 33.5% | ||
| Q2 25 | 97.2% | 31.6% | ||
| Q1 25 | 97.0% | 29.9% | ||
| Q4 24 | 96.6% | 32.1% | ||
| Q3 24 | 97.0% | 35.2% | ||
| Q2 24 | 96.8% | 34.1% |
营业利润率RDNROG
| Q1 26 | — | — | ||
| Q4 25 | 76.2% | 3.5% | ||
| Q3 25 | 65.5% | 7.3% | ||
| Q2 25 | 58.6% | -33.3% | ||
| Q1 25 | 63.9% | -0.2% | ||
| Q4 24 | 83.6% | -6.6% | ||
| Q3 24 | 68.4% | 6.9% | ||
| Q2 24 | 63.0% | 5.3% |
净利率RDNROG
| Q1 26 | — | 2.2% | ||
| Q4 25 | 51.5% | 2.3% | ||
| Q3 25 | 46.7% | 4.0% | ||
| Q2 25 | 47.5% | -36.3% | ||
| Q1 25 | 49.0% | -0.7% | ||
| Q4 24 | 50.7% | -0.3% | ||
| Q3 24 | 48.5% | 5.1% | ||
| Q2 24 | 50.9% | 3.8% |
每股收益（稀释后）RDNROG
| Q1 26 | — | $0.25 | ||
| Q4 25 | $1.11 | $0.20 | ||
| Q3 25 | $1.03 | $0.48 | ||
| Q2 25 | $1.02 | $-4.00 | ||
| Q1 25 | $0.98 | $-0.08 | ||
| Q4 24 | $0.97 | $-0.04 | ||
| Q3 24 | $0.99 | $0.58 | ||
| Q2 24 | $0.98 | $0.44 |
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 | $24.8M | $195.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.8B | $1.2B |
| 总资产 | $8.1B | $1.4B |
| 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RDNROG
| Q1 26 | — | $195.8M | ||
| Q4 25 | $24.8M | $197.0M | ||
| Q3 25 | $15.3M | $167.8M | ||
| Q2 25 | $22.1M | $157.2M | ||
| Q1 25 | $24.2M | $175.6M | ||
| Q4 24 | $19.2M | $159.8M | ||
| Q3 24 | $28.1M | $146.4M | ||
| Q2 24 | $13.8M | $119.9M |
股东权益RDNROG
| Q1 26 | — | $1.2B | ||
| Q4 25 | $4.8B | $1.2B | ||
| Q3 25 | $4.7B | $1.2B | ||
| Q2 25 | $4.5B | $1.2B | ||
| Q1 25 | $4.6B | $1.3B | ||
| Q4 24 | $4.6B | $1.3B | ||
| Q3 24 | $4.7B | $1.3B | ||
| Q2 24 | $4.5B | $1.3B |
总资产RDNROG
| Q1 26 | — | $1.4B | ||
| Q4 25 | $8.1B | $1.4B | ||
| Q3 25 | $8.2B | $1.4B | ||
| Q2 25 | $9.6B | $1.5B | ||
| Q1 25 | $8.8B | $1.5B | ||
| Q4 24 | $8.7B | $1.5B | ||
| Q3 24 | $8.4B | $1.5B | ||
| Q2 24 | $8.1B | $1.5B |
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 | $119.9M | $5.8M |
| 自由现金流经营现金流 - 资本支出 | $115.7M | $1.1M |
| 自由现金流率自由现金流/营收 | 38.5% | 0.5% |
| 资本支出强度资本支出/营收 | 1.4% | 2.3% |
| 现金转化率经营现金流/净利润 | 0.77× | 1.29× |
| 过去12个月自由现金流最近4个季度 | $-174.8M | $70.1M |
8季度趋势，按日历期对齐
经营现金流RDNROG
| Q1 26 | — | $5.8M | ||
| Q4 25 | $119.9M | $46.9M | ||
| Q3 25 | $358.4M | $28.9M | ||
| Q2 25 | $-713.3M | $13.7M | ||
| Q1 25 | $67.8M | $11.7M | ||
| Q4 24 | $-663.6M | $33.7M | ||
| Q3 24 | $-237.9M | $42.4M | ||
| Q2 24 | $-207.3M | $22.9M |
自由现金流RDNROG
| Q1 26 | — | $1.1M | ||
| Q4 25 | $115.7M | $42.2M | ||
| Q3 25 | $357.6M | $21.2M | ||
| Q2 25 | $-714.6M | $5.6M | ||
| Q1 25 | $66.6M | $2.1M | ||
| Q4 24 | $-665.1M | $18.3M | ||
| Q3 24 | $-239.2M | $25.2M | ||
| Q2 24 | $-208.3M | $8.8M |
自由现金流率RDNROG
| Q1 26 | — | 0.5% | ||
| Q4 25 | 38.5% | 20.9% | ||
| Q3 25 | 117.9% | 9.8% | ||
| Q2 25 | -239.4% | 2.8% | ||
| Q1 25 | 22.6% | 1.1% | ||
| Q4 24 | -227.3% | 9.5% | ||
| Q3 24 | -76.3% | 12.0% | ||
| Q2 24 | -69.8% | 4.1% |
资本支出强度RDNROG
| Q1 26 | — | 2.3% | ||
| Q4 25 | 1.4% | 2.3% | ||
| Q3 25 | 0.3% | 3.6% | ||
| Q2 25 | 0.4% | 4.0% | ||
| Q1 25 | 0.4% | 5.0% | ||
| Q4 24 | 0.5% | 8.0% | ||
| Q3 24 | 0.4% | 8.2% | ||
| Q2 24 | 0.4% | 6.6% |
现金转化率RDNROG
| Q1 26 | — | 1.29× | ||
| Q4 25 | 0.77× | 10.20× | ||
| Q3 25 | 2.53× | 3.36× | ||
| Q2 25 | -5.03× | — | ||
| Q1 25 | 0.47× | — | ||
| Q4 24 | -4.47× | — | ||
| Q3 24 | -1.57× | 3.96× | ||
| Q2 24 | -1.36× | 2.83× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
