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Regions Financial Corporation（RF）与Sunrun Inc.（RUN）财务数据对比。点击上方公司名可切换其他公司
Regions Financial Corporation的季度营收约是Sunrun Inc.的1.1倍（$1.3B vs $1.2B），Regions Financial Corporation净利率更高（41.7% vs 8.9%，领先32.7%），Sunrun Inc.同比增速更快（123.5% vs 4.1%），过去两年Sunrun Inc.的营收复合增速更高（59.0% vs 4.0%）
Regions Financial Corporation是美国银行控股企业，总部位于阿拉巴马州伯明翰市。公司提供零售及商业银行、信托、股票经纪、抵押贷款等服务，旗下银行业务子公司Regions Bank在美国南部和中西部15个州运营约1300家营业网点和2000台自动柜员机，服务大量当地个人及企业客户。
Sunrun Inc.是美国知名的光伏系统及电池储能产品供应商，业务以服务住宅客户为主，2007年成立，总部位于加利福尼亚州旧金山，致力于为家庭用户提供高效的清洁能源解决方案。
RF vs RUN — 直观对比
营收规模更大
RF
是对方的1.1倍
$1.2B
营收增速更快
RUN
高出119.4%
4.1%
净利率更高
RF
高出32.7%
8.9%
两年增速更快
RUN
近两年复合增速
4.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.2B |
| 净利润 | $534.0M | $103.6M |
| 毛利率 | — | — |
| 营业利润率 | 55.3% | 8.4% |
| 净利率 | 41.7% | 8.9% |
| 营收同比 | 4.1% | 123.5% |
| 净利润同比 | 0.0% | 103.7% |
| 每股收益（稀释后） | $0.59 | $0.38 |
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RFRUN
| Q4 25 | $1.3B | $1.2B | ||
| Q3 25 | $1.3B | $724.6M | ||
| Q2 25 | $1.3B | $569.3M | ||
| Q1 25 | $1.2B | $504.3M | ||
| Q4 24 | $1.2B | $518.5M | ||
| Q3 24 | $1.2B | $537.2M | ||
| Q2 24 | $1.2B | $523.9M | ||
| Q1 24 | $1.2B | $458.2M |
净利润RFRUN
| Q4 25 | $534.0M | $103.6M | ||
| Q3 25 | $569.0M | $16.6M | ||
| Q2 25 | $563.0M | $279.8M | ||
| Q1 25 | $490.0M | $50.0M | ||
| Q4 24 | $534.0M | $-2.8B | ||
| Q3 24 | $490.0M | $-83.8M | ||
| Q2 24 | $501.0M | $139.1M | ||
| Q1 24 | $368.0M | $-87.8M |
营业利润率RFRUN
| Q4 25 | 55.3% | 8.4% | ||
| Q3 25 | 56.3% | 0.5% | ||
| Q2 25 | 56.1% | -19.7% | ||
| Q1 25 | 52.0% | -22.8% | ||
| Q4 24 | 53.4% | -628.0% | ||
| Q3 24 | 49.9% | -23.8% | ||
| Q2 24 | 52.7% | -24.4% | ||
| Q1 24 | 39.2% | -40.0% |
净利率RFRUN
| Q4 25 | 41.7% | 8.9% | ||
| Q3 25 | 45.3% | 2.3% | ||
| Q2 25 | 44.7% | 49.1% | ||
| Q1 25 | 41.0% | 9.9% | ||
| Q4 24 | 43.4% | -542.7% | ||
| Q3 24 | 40.2% | -15.6% | ||
| Q2 24 | 42.2% | 26.5% | ||
| Q1 24 | 31.1% | -19.2% |
每股收益（稀释后）RFRUN
| Q4 25 | $0.59 | $0.38 | ||
| Q3 25 | $0.61 | $0.06 | ||
| Q2 25 | $0.59 | $1.07 | ||
| Q1 25 | $0.51 | $0.20 | ||
| Q4 24 | $0.55 | $-12.59 | ||
| Q3 24 | $0.49 | $-0.37 | ||
| Q2 24 | $0.52 | $0.55 | ||
| Q1 24 | $0.37 | $-0.40 |
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 | — | — |
| 总债务越低越好 | $4.1B | $14.7B |
| 股东权益账面价值 | $19.0B | $3.1B |
| 总资产 | $158.8B | $22.6B |
| 负债/权益比越低杠杆越低 | 0.22× | 4.69× |
8季度趋势，按日历期对齐
总债务RFRUN
| Q4 25 | $4.1B | $14.7B | ||
| Q3 25 | $4.8B | $14.6B | ||
| Q2 25 | $5.3B | $14.0B | ||
| Q1 25 | $6.0B | $13.6B | ||
| Q4 24 | $6.0B | $12.9B | ||
| Q3 24 | $6.0B | $12.5B | ||
| Q2 24 | $5.1B | $12.0B | ||
| Q1 24 | $3.3B | $11.1B |
股东权益RFRUN
| Q4 25 | $19.0B | $3.1B | ||
| Q3 25 | $19.0B | $3.0B | ||
| Q2 25 | $18.7B | $2.9B | ||
| Q1 25 | $18.5B | $2.6B | ||
| Q4 24 | $17.9B | $2.6B | ||
| Q3 24 | $18.7B | $5.3B | ||
| Q2 24 | $17.2B | $5.4B | ||
| Q1 24 | $17.0B | $5.2B |
总资产RFRUN
| Q4 25 | $158.8B | $22.6B | ||
| Q3 25 | $159.9B | $22.2B | ||
| Q2 25 | $159.2B | $21.2B | ||
| Q1 25 | $159.8B | $20.4B | ||
| Q4 24 | $157.3B | $19.9B | ||
| Q3 24 | $157.4B | $22.1B | ||
| Q2 24 | $154.1B | $21.4B | ||
| Q1 24 | $154.9B | $20.8B |
负债/权益比RFRUN
| Q4 25 | 0.22× | 4.69× | ||
| Q3 25 | 0.25× | 4.90× | ||
| Q2 25 | 0.28× | 4.80× | ||
| Q1 25 | 0.32× | 5.19× | ||
| Q4 24 | 0.34× | 5.05× | ||
| Q3 24 | 0.32× | 2.36× | ||
| Q2 24 | 0.30× | 2.23× | ||
| Q1 24 | 0.20× | 2.15× |
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 | $-319.0M | $96.9M |
| 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 | -0.60× | 0.94× |
| 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RFRUN
| Q4 25 | $-319.0M | $96.9M | ||
| Q3 25 | $861.0M | $-121.5M | ||
| Q2 25 | $573.0M | $-292.7M | ||
| Q1 25 | $1.1B | $-104.2M | ||
| Q4 24 | $-220.0M | $-258.4M | ||
| Q3 24 | $1.3B | $-156.2M | ||
| Q2 24 | $161.0M | $-208.5M | ||
| Q1 24 | $396.0M | $-143.1M |
自由现金流RFRUN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-156.4M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率RFRUN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -29.1% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度RFRUN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率RFRUN
| Q4 25 | -0.60× | 0.94× | ||
| Q3 25 | 1.51× | -7.33× | ||
| Q2 25 | 1.02× | -1.05× | ||
| Q1 25 | 2.18× | -2.08× | ||
| Q4 24 | -0.41× | — | ||
| Q3 24 | 2.57× | — | ||
| Q2 24 | 0.32× | -1.50× | ||
| Q1 24 | 1.08× | — |
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
RF
| Consumer Bank | $747.0M | 58% |
| Corporate Bank | $487.0M | 38% |
| Wealth Management | $47.0M | 4% |
RUN
| Products | $692.3M | 60% |
| Customer Agreements | $435.2M | 38% |
| Manufactured Product Other | $56.7M | 5% |
| Incentives | $31.3M | 3% |
