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RENAISSANCERE HOLDINGS LTD（RNR）与惠而浦（WHR）财务数据对比。点击上方公司名可切换其他公司
惠而浦的季度营收约是RENAISSANCERE HOLDINGS LTD的1.9倍（$4.1B vs $2.2B），RENAISSANCERE HOLDINGS LTD净利率更高（23.5% vs 2.7%，领先20.8%），惠而浦同比增速更快（-0.9% vs -36.8%），过去两年惠而浦的营收复合增速更高（-4.5% 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。
惠而浦是总部位于美国密歇根州本顿特许镇的跨国家电研发、生产及销售企业，位列《财富》世界500强。2023年集团年销售额约190亿美元，全球员工规模近5.9万人，在世界各地布局超55座生产及技术研发中心。
RNR vs WHR — 直观对比
营收规模更大
WHR
是对方的1.9倍
$2.2B
营收增速更快
WHR
高出35.8%
-36.8%
净利率更高
RNR
高出20.8%
2.7%
两年增速更快
WHR
近两年复合增速
-11.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $4.1B |
| 净利润 | $515.8M | $109.0M |
| 毛利率 | — | 14.0% |
| 营业利润率 | — | 6.0% |
| 净利率 | 23.5% | 2.7% |
| 营收同比 | -36.8% | -0.9% |
| 净利润同比 | 72.6% | 127.8% |
| 每股收益（稀释后） | $6.57 | $1.92 |
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RNRWHR
| Q1 26 | $2.2B | — | ||
| Q4 25 | $3.0B | $4.1B | ||
| Q3 25 | $3.2B | $4.0B | ||
| Q2 25 | $3.2B | $3.8B | ||
| Q1 25 | $3.5B | $3.6B | ||
| Q4 24 | $2.3B | $4.1B | ||
| Q3 24 | $4.0B | $4.0B | ||
| Q2 24 | $2.8B | $4.0B |
净利润RNRWHR
| Q1 26 | $515.8M | — | ||
| Q4 25 | $760.5M | $109.0M | ||
| Q3 25 | $916.5M | $73.0M | ||
| Q2 25 | $835.4M | $65.0M | ||
| Q1 25 | $170.0M | $71.0M | ||
| Q4 24 | $-189.7M | $-392.0M | ||
| Q3 24 | $1.2B | $109.0M | ||
| Q2 24 | $503.9M | $219.0M |
毛利率RNRWHR
| Q1 26 | — | — | ||
| Q4 25 | — | 14.0% | ||
| Q3 25 | — | 14.7% | ||
| Q2 25 | — | 16.2% | ||
| Q1 25 | — | 16.8% | ||
| Q4 24 | — | 16.2% | ||
| Q3 24 | — | 16.1% | ||
| Q2 24 | — | 15.7% |
营业利润率RNRWHR
| Q1 26 | — | — | ||
| Q4 25 | 42.5% | 6.0% | ||
| Q3 25 | 46.3% | 5.1% | ||
| Q2 25 | 41.8% | 5.4% | ||
| Q1 25 | -2.0% | 5.1% | ||
| Q4 24 | -3.6% | -3.3% | ||
| Q3 24 | 43.7% | 6.6% | ||
| Q2 24 | 25.0% | 3.3% |
净利率RNRWHR
| Q1 26 | 23.5% | — | ||
| Q4 25 | 25.6% | 2.7% | ||
| Q3 25 | 28.7% | 1.8% | ||
| Q2 25 | 26.1% | 1.7% | ||
| Q1 25 | 4.9% | 2.0% | ||
| Q4 24 | -8.3% | -9.5% | ||
| Q3 24 | 29.8% | 2.7% | ||
| Q2 24 | 17.8% | 5.5% |
每股收益（稀释后）RNRWHR
| Q1 26 | $6.57 | — | ||
| Q4 25 | $16.16 | $1.92 | ||
| Q3 25 | $19.40 | $1.29 | ||
| Q2 25 | $17.20 | $1.17 | ||
| Q1 25 | $3.27 | $1.28 | ||
| Q4 24 | $-3.76 | $-7.11 | ||
| Q3 24 | $22.62 | $2.00 | ||
| Q2 24 | $9.41 | $3.96 |
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 | $669.0M |
| 总债务越低越好 | — | $6.2B |
| 股东权益账面价值 | $4.3B | $2.7B |
| 总资产 | $53.7B | $16.0B |
| 负债/权益比越低杠杆越低 | — | 2.26× |
8季度趋势，按日历期对齐
现金及短期投资RNRWHR
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.7B | $669.0M | ||
| Q3 25 | $1.7B | $934.0M | ||
| Q2 25 | $1.4B | $1.1B | ||
| Q1 25 | $1.6B | $1.0B | ||
| Q4 24 | $1.7B | $1.3B | ||
| Q3 24 | $1.6B | $1.1B | ||
| Q2 24 | $1.6B | $1.2B |
总债务RNRWHR
| Q1 26 | — | — | ||
| Q4 25 | $2.3B | $6.2B | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.8B | — | ||
| Q4 24 | $1.9B | $6.6B | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $2.0B | — |
股东权益RNRWHR
| Q1 26 | $4.3B | — | ||
| Q4 25 | $11.6B | $2.7B | ||
| Q3 25 | $11.5B | $2.6B | ||
| Q2 25 | $10.8B | $2.6B | ||
| Q1 25 | $10.3B | $2.6B | ||
| Q4 24 | $10.6B | $2.7B | ||
| Q3 24 | $11.2B | $3.0B | ||
| Q2 24 | $10.2B | $3.1B |
总资产RNRWHR
| Q1 26 | $53.7B | — | ||
| Q4 25 | $53.8B | $16.0B | ||
| Q3 25 | $54.5B | $16.9B | ||
| Q2 25 | $54.7B | $16.8B | ||
| Q1 25 | $53.6B | $16.5B | ||
| Q4 24 | $50.7B | $16.3B | ||
| Q3 24 | $52.8B | $17.2B | ||
| Q2 24 | $51.6B | $17.3B |
负债/权益比RNRWHR
| Q1 26 | — | — | ||
| Q4 25 | 0.20× | 2.26× | ||
| Q3 25 | 0.19× | — | ||
| Q2 25 | 0.21× | — | ||
| Q1 25 | 0.27× | — | ||
| Q4 24 | 0.18× | 2.46× | ||
| 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 | — | $1.1B |
| 自由现金流经营现金流 - 资本支出 | — | $989.0M |
| 自由现金流率自由现金流/营收 | — | 24.1% |
| 资本支出强度资本支出/营收 | — | 3.7% |
| 现金转化率经营现金流/净利润 | — | 10.45× |
| 过去12个月自由现金流最近4个季度 | — | $81.0M |
8季度趋势，按日历期对齐
经营现金流RNRWHR
| Q1 26 | — | — | ||
| Q4 25 | $483.0M | $1.1B | ||
| Q3 25 | $1.6B | $33.0M | ||
| Q2 25 | $1.5B | $19.0M | ||
| Q1 25 | $157.8M | $-721.0M | ||
| Q4 24 | $778.9M | $1.1B | ||
| Q3 24 | $1.5B | $214.0M | ||
| Q2 24 | $1.2B | $388.0M |
自由现金流RNRWHR
| Q1 26 | — | — | ||
| Q4 25 | — | $989.0M | ||
| Q3 25 | — | $-52.0M | ||
| Q2 25 | — | $-63.0M | ||
| Q1 25 | — | $-793.0M | ||
| Q4 24 | — | $970.0M | ||
| Q3 24 | — | $127.0M | ||
| Q2 24 | — | $275.0M |
自由现金流率RNRWHR
| Q1 26 | — | — | ||
| Q4 25 | — | 24.1% | ||
| Q3 25 | — | -1.3% | ||
| Q2 25 | — | -1.7% | ||
| Q1 25 | — | -21.9% | ||
| Q4 24 | — | 23.5% | ||
| Q3 24 | — | 3.2% | ||
| Q2 24 | — | 6.9% |
资本支出强度RNRWHR
| Q1 26 | — | — | ||
| Q4 25 | — | 3.7% | ||
| Q3 25 | — | 2.1% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 3.3% | ||
| Q3 24 | — | 2.2% | ||
| Q2 24 | — | 2.8% |
现金转化率RNRWHR
| Q1 26 | — | — | ||
| Q4 25 | 0.64× | 10.45× | ||
| Q3 25 | 1.73× | 0.45× | ||
| Q2 25 | 1.76× | 0.29× | ||
| Q1 25 | 0.93× | -10.15× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.26× | 1.96× | ||
| Q2 24 | 2.41× | 1.77× |
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
WHR
| Refrigeration | $1.2B | 30% |
| Laundry | $1.1B | 27% |
| Cooking | $1.1B | 26% |
| Dishwashing | $299.0M | 7% |
| Other | $266.0M | 6% |
| Spare Parts And Warranties | $139.0M | 3% |
