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RENAISSANCERE HOLDINGS LTD（RNR）与TRINET GROUP, INC.（TNET）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TRINET GROUP, INC.的1.8倍（$2.2B vs $1.2B），TRINET GROUP, INC.同比增速更快（-2.2% vs -36.8%），过去两年TRINET GROUP, INC.的营收复合增速更高（-0.6% vs -11.9%）
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。
TriNet Group, Inc.是一家面向中小企业的专业雇主组织，总部位于加州都柏林，服务员工规模在3至2500人之间的各类机构。可提供薪资管理、健康福利管理服务，还能为客户提供劳动法规合规、风险降低相关咨询，可作为外包人力资源部门为企业分担人事相关事务。
RNR vs TNET — 直观对比
营收规模更大
RNR
是对方的1.8倍
$1.2B
营收增速更快
TNET
高出34.6%
-36.8%
两年增速更快
TNET
近两年复合增速
-11.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $1.2B |
| 净利润 | $515.8M | — |
| 毛利率 | — | — |
| 营业利润率 | — | 0.1% |
| 净利率 | 23.5% | — |
| 营收同比 | -36.8% | -2.2% |
| 净利润同比 | 72.6% | — |
| 每股收益（稀释后） | $6.57 | $0.02 |
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RNRTNET
| Q1 26 | $2.2B | — | ||
| Q4 25 | $3.0B | $1.2B | ||
| Q3 25 | $3.2B | $1.2B | ||
| Q2 25 | $3.2B | $1.2B | ||
| Q1 25 | $3.5B | $1.3B | ||
| Q4 24 | $2.3B | $1.3B | ||
| Q3 24 | $4.0B | $1.2B | ||
| Q2 24 | $2.8B | $1.2B |
净利润RNRTNET
| Q1 26 | $515.8M | — | ||
| Q4 25 | $760.5M | — | ||
| Q3 25 | $916.5M | $34.0M | ||
| Q2 25 | $835.4M | $37.0M | ||
| Q1 25 | $170.0M | $85.0M | ||
| Q4 24 | $-189.7M | — | ||
| Q3 24 | $1.2B | $45.0M | ||
| Q2 24 | $503.9M | $60.0M |
营业利润率RNRTNET
| Q1 26 | — | — | ||
| Q4 25 | 42.5% | 0.1% | ||
| Q3 25 | 46.3% | 4.1% | ||
| Q2 25 | 41.8% | 4.1% | ||
| Q1 25 | -2.0% | 8.9% | ||
| Q4 24 | -3.6% | -2.9% | ||
| Q3 24 | 43.7% | 4.7% | ||
| Q2 24 | 25.0% | 6.5% |
净利率RNRTNET
| Q1 26 | 23.5% | — | ||
| Q4 25 | 25.6% | — | ||
| Q3 25 | 28.7% | 2.8% | ||
| Q2 25 | 26.1% | 3.0% | ||
| Q1 25 | 4.9% | 6.6% | ||
| Q4 24 | -8.3% | — | ||
| Q3 24 | 29.8% | 3.6% | ||
| Q2 24 | 17.8% | 4.9% |
每股收益（稀释后）RNRTNET
| Q1 26 | $6.57 | — | ||
| Q4 25 | $16.16 | $0.02 | ||
| Q3 25 | $19.40 | $0.70 | ||
| Q2 25 | $17.20 | $0.77 | ||
| Q1 25 | $3.27 | $1.71 | ||
| Q4 24 | $-3.76 | $-0.44 | ||
| Q3 24 | $22.62 | $0.89 | ||
| Q2 24 | $9.41 | $1.20 |
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 | $1.6B | $287.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.3B | $54.0M |
| 总资产 | $53.7B | $3.8B |
| 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RNRTNET
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.7B | $287.0M | ||
| Q3 25 | $1.7B | $321.0M | ||
| Q2 25 | $1.4B | $407.0M | ||
| Q1 25 | $1.6B | $349.0M | ||
| Q4 24 | $1.7B | $360.0M | ||
| Q3 24 | $1.6B | $301.0M | ||
| Q2 24 | $1.6B | $249.0M |
总债务RNRTNET
| Q1 26 | — | — | ||
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.8B | — | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $2.0B | — |
股东权益RNRTNET
| Q1 26 | $4.3B | — | ||
| Q4 25 | $11.6B | $54.0M | ||
| Q3 25 | $11.5B | $110.0M | ||
| Q2 25 | $10.8B | $107.0M | ||
| Q1 25 | $10.3B | $63.0M | ||
| Q4 24 | $10.6B | $69.0M | ||
| Q3 24 | $11.2B | $129.0M | ||
| Q2 24 | $10.2B | $100.0M |
总资产RNRTNET
| Q1 26 | $53.7B | — | ||
| Q4 25 | $53.8B | $3.8B | ||
| Q3 25 | $54.5B | $3.4B | ||
| Q2 25 | $54.7B | $3.7B | ||
| Q1 25 | $53.6B | $3.8B | ||
| Q4 24 | $50.7B | $4.1B | ||
| Q3 24 | $52.8B | $3.7B | ||
| Q2 24 | $51.6B | $3.7B |
负债/权益比RNRTNET
| Q1 26 | — | — | ||
| Q4 25 | 0.20× | — | ||
| Q3 25 | 0.19× | — | ||
| Q2 25 | 0.21× | — | ||
| Q1 25 | 0.27× | — | ||
| Q4 24 | 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 | — | $61.0M |
| 自由现金流经营现金流 - 资本支出 | — | $43.0M |
| 自由现金流率自由现金流/营收 | — | 3.4% |
| 资本支出强度资本支出/营收 | — | 1.4% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $234.0M |
8季度趋势，按日历期对齐
经营现金流RNRTNET
| Q1 26 | — | — | ||
| Q4 25 | $483.0M | $61.0M | ||
| Q3 25 | $1.6B | $72.0M | ||
| Q2 25 | $1.5B | $75.0M | ||
| Q1 25 | $157.8M | $95.0M | ||
| Q4 24 | $778.9M | $65.0M | ||
| Q3 24 | $1.5B | $84.0M | ||
| Q2 24 | $1.2B | $39.0M |
自由现金流RNRTNET
| Q1 26 | — | — | ||
| Q4 25 | — | $43.0M | ||
| Q3 25 | — | $55.0M | ||
| Q2 25 | — | $57.0M | ||
| Q1 25 | — | $79.0M | ||
| Q4 24 | — | $47.0M | ||
| Q3 24 | — | $59.0M | ||
| Q2 24 | — | $22.0M |
自由现金流率RNRTNET
| Q1 26 | — | — | ||
| Q4 25 | — | 3.4% | ||
| Q3 25 | — | 4.5% | ||
| Q2 25 | — | 4.6% | ||
| Q1 25 | — | 6.1% | ||
| Q4 24 | — | 3.7% | ||
| Q3 24 | — | 4.8% | ||
| Q2 24 | — | 1.8% |
资本支出强度RNRTNET
| Q1 26 | — | — | ||
| Q4 25 | — | 1.4% | ||
| Q3 25 | — | 1.4% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 1.2% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 1.4% |
现金转化率RNRTNET
| Q1 26 | — | — | ||
| Q4 25 | 0.64× | — | ||
| Q3 25 | 1.73× | 2.12× | ||
| Q2 25 | 1.76× | 2.03× | ||
| Q1 25 | 0.93× | 1.12× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.26× | 1.87× | ||
| Q2 24 | 2.41× | 0.65× |
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
RNR
暂无分部数据
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
