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RENAISSANCERE HOLDINGS LTD（RNR）与德事隆（TXT）财务数据对比。点击上方公司名可切换其他公司
德事隆的季度营收约是RENAISSANCERE HOLDINGS LTD的1.9倍（$4.2B vs $2.2B），RENAISSANCERE HOLDINGS LTD净利率更高（23.5% vs 5.6%，领先17.9%），德事隆同比增速更快（15.6% vs -36.8%），过去两年德事隆的营收复合增速更高（15.4% 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。
德事隆是总部位于美国罗德岛州普罗维登斯的工业集团，1923年由罗亚尔·利特尔创立，前身为特种纱线公司。旗下拥有贝尔德事隆、考泰斯、德事隆航空、莱康明发动机等子公司，业务覆盖25个国家，2020年员工总数超3.3万人，2021年位列美国财富500强第265位。
RNR vs TXT — 直观对比
营收规模更大
TXT
是对方的1.9倍
$2.2B
营收增速更快
TXT
高出52.3%
-36.8%
净利率更高
RNR
高出17.9%
5.6%
两年增速更快
TXT
近两年复合增速
-11.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $4.2B |
| 净利润 | $515.8M | $235.0M |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | 23.5% | 5.6% |
| 营收同比 | -36.8% | 15.6% |
| 净利润同比 | 72.6% | 66.7% |
| 每股收益（稀释后） | $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RNRTXT
| Q1 26 | $2.2B | — | ||
| Q4 25 | $3.0B | $4.2B | ||
| Q3 25 | $3.2B | $3.6B | ||
| Q2 25 | $3.2B | $3.7B | ||
| Q1 25 | $3.5B | $3.3B | ||
| Q4 24 | $2.3B | $3.6B | ||
| Q3 24 | $4.0B | $3.4B | ||
| Q2 24 | $2.8B | $3.5B |
净利润RNRTXT
| Q1 26 | $515.8M | — | ||
| Q4 25 | $760.5M | $235.0M | ||
| Q3 25 | $916.5M | $234.0M | ||
| Q2 25 | $835.4M | $245.0M | ||
| Q1 25 | $170.0M | $207.0M | ||
| Q4 24 | $-189.7M | $141.0M | ||
| Q3 24 | $1.2B | $223.0M | ||
| Q2 24 | $503.9M | $259.0M |
营业利润率RNRTXT
| Q1 26 | — | — | ||
| Q4 25 | 42.5% | — | ||
| Q3 25 | 46.3% | — | ||
| Q2 25 | 41.8% | — | ||
| Q1 25 | -2.0% | — | ||
| Q4 24 | -3.6% | 3.6% | ||
| Q3 24 | 43.7% | 7.4% | ||
| Q2 24 | 25.0% | 9.2% |
净利率RNRTXT
| Q1 26 | 23.5% | — | ||
| Q4 25 | 25.6% | 5.6% | ||
| Q3 25 | 28.7% | 6.5% | ||
| Q2 25 | 26.1% | 6.6% | ||
| Q1 25 | 4.9% | 6.3% | ||
| Q4 24 | -8.3% | 3.9% | ||
| Q3 24 | 29.8% | 6.5% | ||
| Q2 24 | 17.8% | 7.3% |
每股收益（稀释后）RNRTXT
| Q1 26 | $6.57 | — | ||
| Q4 25 | $16.16 | — | ||
| Q3 25 | $19.40 | — | ||
| Q2 25 | $17.20 | — | ||
| Q1 25 | $3.27 | $1.13 | ||
| Q4 24 | $-3.76 | — | ||
| Q3 24 | $22.62 | — | ||
| Q2 24 | $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 | $1.6B | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.3B | — |
| 总资产 | $53.7B | — |
| 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RNRTXT
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $1.6B | — |
总债务RNRTXT
| 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RNRTXT
| Q1 26 | $4.3B | — | ||
| Q4 25 | $11.6B | — | ||
| Q3 25 | $11.5B | $7.5B | ||
| Q2 25 | $10.8B | $7.4B | ||
| Q1 25 | $10.3B | $7.3B | ||
| Q4 24 | $10.6B | $7.2B | ||
| Q3 24 | $11.2B | $7.0B | ||
| Q2 24 | $10.2B | $6.9B |
总资产RNRTXT
| Q1 26 | $53.7B | — | ||
| Q4 25 | $53.8B | — | ||
| Q3 25 | $54.5B | $17.4B | ||
| Q2 25 | $54.7B | $17.1B | ||
| Q1 25 | $53.6B | $16.9B | ||
| Q4 24 | $50.7B | $16.8B | ||
| Q3 24 | $52.8B | $16.5B | ||
| Q2 24 | $51.6B | $16.4B |
负债/权益比RNRTXT
| 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 | — | $700.0M |
| 自由现金流经营现金流 - 资本支出 | — | $527.0M |
| 自由现金流率自由现金流/营收 | — | 12.6% |
| 资本支出强度资本支出/营收 | — | 4.1% |
| 现金转化率经营现金流/净利润 | — | 2.98× |
| 过去12个月自由现金流最近4个季度 | — | $929.0M |
8季度趋势，按日历期对齐
经营现金流RNRTXT
| Q1 26 | — | — | ||
| Q4 25 | $483.0M | $700.0M | ||
| Q3 25 | $1.6B | $349.0M | ||
| Q2 25 | $1.5B | $387.0M | ||
| Q1 25 | $157.8M | $-124.0M | ||
| Q4 24 | $778.9M | $446.0M | ||
| Q3 24 | $1.5B | $208.0M | ||
| Q2 24 | $1.2B | $367.0M |
自由现金流RNRTXT
| Q1 26 | — | — | ||
| Q4 25 | — | $527.0M | ||
| Q3 25 | — | $273.0M | ||
| Q2 25 | — | $309.0M | ||
| Q1 25 | — | $-180.0M | ||
| Q4 24 | — | $293.0M | ||
| Q3 24 | — | $137.0M | ||
| Q2 24 | — | $293.0M |
自由现金流率RNRTXT
| Q1 26 | — | — | ||
| Q4 25 | — | 12.6% | ||
| Q3 25 | — | 7.6% | ||
| Q2 25 | — | 8.3% | ||
| Q1 25 | — | -5.4% | ||
| Q4 24 | — | 8.1% | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | — | 8.3% |
资本支出强度RNRTXT
| Q1 26 | — | — | ||
| Q4 25 | — | 4.1% | ||
| Q3 25 | — | 2.1% | ||
| Q2 25 | — | 2.1% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | — | 4.2% | ||
| Q3 24 | — | 2.1% | ||
| Q2 24 | — | 2.1% |
现金转化率RNRTXT
| Q1 26 | — | — | ||
| Q4 25 | 0.64× | 2.98× | ||
| Q3 25 | 1.73× | 1.49× | ||
| Q2 25 | 1.76× | 1.58× | ||
| Q1 25 | 0.93× | -0.60× | ||
| Q4 24 | — | 3.16× | ||
| Q3 24 | 1.26× | 0.93× | ||
| Q2 24 | 2.41× | 1.42× |
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
TXT
| Aircraft | $1.2B | 29% |
| Military Aircraft And Support Programs | $655.0M | 16% |
| Aftermarket Parts And Services | $551.0M | 13% |
| Services | $507.0M | 12% |
| Fuel Systems And Functional Components | $480.0M | 11% |
| Textron Systems | $323.0M | 8% |
| Other | $317.0M | 8% |
| US Government | $119.0M | 3% |
| Finance | $18.0M | 0% |
| Textron E Aviation Segment | $7.0M | 0% |
