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艾利丹尼森（AVY）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
艾利丹尼森的季度营收约是TRINET GROUP, INC.的1.8倍（$2.3B vs $1.2B），艾利丹尼森同比增速更快（7.0% vs -2.2%），艾利丹尼森自由现金流更多（$104.4M vs $43.0M），过去两年艾利丹尼森的营收复合增速更高（1.4% vs -0.6%）
艾利丹尼森是总部位于美国俄亥俄州门托市的财富500强跨国企业，专业从事压敏胶材料、服装品牌标签吊牌、RFID嵌体及特种医疗产品的生产与分销，业务覆盖全球多个主要市场。
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。
AVY vs TNET — 直观对比
营收规模更大
AVY
是对方的1.8倍
$1.2B
营收增速更快
AVY
高出9.2%
-2.2%
自由现金流更多
AVY
多$61.4M
$43.0M
两年增速更快
AVY
近两年复合增速
-0.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.3B | $1.2B |
| 净利润 | $168.1M | — |
| 毛利率 | 28.9% | — |
| 营业利润率 | 10.7% | 0.1% |
| 净利率 | 7.3% | — |
| 营收同比 | 7.0% | -2.2% |
| 净利润同比 | 1.1% | — |
| 每股收益（稀释后） | — | $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AVYTNET
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | $1.2B | ||
| Q3 25 | $2.2B | $1.2B | ||
| Q2 25 | $2.2B | $1.2B | ||
| Q1 25 | $2.1B | $1.3B | ||
| Q4 24 | $2.2B | $1.3B | ||
| Q3 24 | $2.2B | $1.2B | ||
| Q2 24 | $2.2B | $1.2B |
净利润AVYTNET
| Q1 26 | $168.1M | — | ||
| Q4 25 | $166.4M | — | ||
| Q3 25 | $166.3M | $34.0M | ||
| Q2 25 | $189.0M | $37.0M | ||
| Q1 25 | $166.3M | $85.0M | ||
| Q4 24 | $174.0M | — | ||
| Q3 24 | $181.7M | $45.0M | ||
| Q2 24 | $176.8M | $60.0M |
毛利率AVYTNET
| Q1 26 | 28.9% | — | ||
| Q4 25 | 28.7% | — | ||
| Q3 25 | 28.7% | — | ||
| Q2 25 | 28.8% | — | ||
| Q1 25 | 28.9% | — | ||
| Q4 24 | 27.9% | — | ||
| Q3 24 | 28.7% | — | ||
| Q2 24 | 29.6% | — |
营业利润率AVYTNET
| Q1 26 | 10.7% | — | ||
| Q4 25 | 9.1% | 0.1% | ||
| Q3 25 | 10.6% | 4.1% | ||
| Q2 25 | 11.5% | 4.1% | ||
| Q1 25 | 10.6% | 8.9% | ||
| Q4 24 | 11.0% | -2.9% | ||
| Q3 24 | 11.0% | 4.7% | ||
| Q2 24 | 10.7% | 6.5% |
净利率AVYTNET
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.3% | — | ||
| Q3 25 | 7.5% | 2.8% | ||
| Q2 25 | 8.5% | 3.0% | ||
| Q1 25 | 7.7% | 6.6% | ||
| Q4 24 | 8.0% | — | ||
| Q3 24 | 8.3% | 3.6% | ||
| Q2 24 | 7.9% | 4.9% |
每股收益（稀释后）AVYTNET
| Q1 26 | — | — | ||
| Q4 25 | $2.16 | $0.02 | ||
| Q3 25 | $2.13 | $0.70 | ||
| Q2 25 | $2.41 | $0.77 | ||
| Q1 25 | $2.09 | $1.71 | ||
| Q4 24 | $2.17 | $-0.44 | ||
| Q3 24 | $2.25 | $0.89 | ||
| Q2 24 | $2.18 | $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 | $255.1M | $287.0M |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $2.3B | $54.0M |
| 总资产 | $9.0B | $3.8B |
| 负债/权益比越低杠杆越低 | 1.38× | — |
8季度趋势，按日历期对齐
现金及短期投资AVYTNET
| Q1 26 | $255.1M | — | ||
| Q4 25 | $202.8M | $287.0M | ||
| Q3 25 | $536.3M | $321.0M | ||
| Q2 25 | $215.9M | $407.0M | ||
| Q1 25 | $195.9M | $349.0M | ||
| Q4 24 | $329.1M | $360.0M | ||
| Q3 24 | $212.7M | $301.0M | ||
| Q2 24 | $208.8M | $249.0M |
总债务AVYTNET
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.2B | — | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $2.0B | — |
股东权益AVYTNET
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.2B | $54.0M | ||
| Q3 25 | $2.2B | $110.0M | ||
| Q2 25 | $2.2B | $107.0M | ||
| Q1 25 | $2.2B | $63.0M | ||
| Q4 24 | $2.3B | $69.0M | ||
| Q3 24 | $2.4B | $129.0M | ||
| Q2 24 | $2.3B | $100.0M |
总资产AVYTNET
| Q1 26 | $9.0B | — | ||
| Q4 25 | $8.8B | $3.8B | ||
| Q3 25 | $8.9B | $3.4B | ||
| Q2 25 | $8.6B | $3.7B | ||
| Q1 25 | $8.4B | $3.8B | ||
| Q4 24 | $8.4B | $4.1B | ||
| Q3 24 | $8.5B | $3.7B | ||
| Q2 24 | $8.3B | $3.7B |
负债/权益比AVYTNET
| Q1 26 | 1.38× | — | ||
| Q4 25 | 1.43× | — | ||
| Q3 25 | 1.45× | — | ||
| Q2 25 | 1.19× | — | ||
| Q1 25 | 1.19× | — | ||
| Q4 24 | 1.11× | — | ||
| Q3 24 | 0.85× | — | ||
| Q2 24 | 0.89× | — |
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 | $104.4M | $43.0M |
| 自由现金流率自由现金流/营收 | 4.5% | 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 | $869.1M | $234.0M |
8季度趋势，按日历期对齐
经营现金流AVYTNET
| Q1 26 | — | — | ||
| Q4 25 | $376.8M | $61.0M | ||
| Q3 25 | $312.1M | $72.0M | ||
| Q2 25 | $208.8M | $75.0M | ||
| Q1 25 | $-16.3M | $95.0M | ||
| Q4 24 | $351.2M | $65.0M | ||
| Q3 24 | $270.1M | $84.0M | ||
| Q2 24 | $197.7M | $39.0M |
自由现金流AVYTNET
| Q1 26 | $104.4M | — | ||
| Q4 25 | $309.7M | $43.0M | ||
| Q3 25 | $276.2M | $55.0M | ||
| Q2 25 | $178.8M | $57.0M | ||
| Q1 25 | $-52.3M | $79.0M | ||
| Q4 24 | $281.7M | $47.0M | ||
| Q3 24 | $227.1M | $59.0M | ||
| Q2 24 | $150.2M | $22.0M |
自由现金流率AVYTNET
| Q1 26 | 4.5% | — | ||
| Q4 25 | 13.6% | 3.4% | ||
| Q3 25 | 12.5% | 4.5% | ||
| Q2 25 | 8.1% | 4.6% | ||
| Q1 25 | -2.4% | 6.1% | ||
| Q4 24 | 12.9% | 3.7% | ||
| Q3 24 | 10.4% | 4.8% | ||
| Q2 24 | 6.7% | 1.8% |
资本支出强度AVYTNET
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 1.4% | ||
| Q3 25 | 1.6% | 1.4% | ||
| Q2 25 | 1.4% | 1.5% | ||
| Q1 25 | 1.7% | 1.2% | ||
| Q4 24 | 3.2% | 1.4% | ||
| Q3 24 | 2.0% | 2.0% | ||
| Q2 24 | 2.1% | 1.4% |
现金转化率AVYTNET
| Q1 26 | — | — | ||
| Q4 25 | 2.26× | — | ||
| Q3 25 | 1.88× | 2.12× | ||
| Q2 25 | 1.10× | 2.03× | ||
| Q1 25 | -0.10× | 1.12× | ||
| Q4 24 | 2.02× | — | ||
| Q3 24 | 1.49× | 1.87× | ||
| Q2 24 | 1.12× | 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
AVY
| Materials Group | $1.6B | 72% |
| Solutions Group | $649.2M | 28% |
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
