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BENCHMARK ELECTRONICS INC（BHE）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
TRINET GROUP, INC.的季度营收约是BENCHMARK ELECTRONICS INC的1.8倍（$1.2B vs $677.3M），BENCHMARK ELECTRONICS INC同比增速更快（11.4% vs -2.2%），BENCHMARK ELECTRONICS INC自由现金流更多（$48.1M vs $43.0M），过去两年TRINET GROUP, INC.的营收复合增速更高（-0.6% vs -0.7%）
Benchmark Electronics Inc是总部位于美国亚利桑那州坦佩市的电子制造服务（EMS）、原始设计制造（ODM）及原始设备制造（OEM）企业，为客户提供专业的合同制造服务，业务覆盖全球多个区域的电子产业链需求。
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。
BHE vs TNET — 直观对比
营收规模更大
TNET
是对方的1.8倍
$677.3M
营收增速更快
BHE
高出13.6%
-2.2%
自由现金流更多
BHE
多$5.1M
$43.0M
两年增速更快
TNET
近两年复合增速
-0.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $677.3M | $1.2B |
| 净利润 | $13.0M | — |
| 毛利率 | 10.2% | — |
| 营业利润率 | 3.2% | 0.1% |
| 净利率 | 1.9% | — |
| 营收同比 | 11.4% | -2.2% |
| 净利润同比 | 257.4% | — |
| 每股收益（稀释后） | $0.17 | $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BHETNET
| Q1 26 | $677.3M | — | ||
| Q4 25 | $725.8M | $1.2B | ||
| Q3 25 | $702.6M | $1.2B | ||
| Q2 25 | $665.7M | $1.2B | ||
| Q1 25 | $654.6M | $1.3B | ||
| Q4 24 | $683.6M | $1.3B | ||
| Q3 24 | $680.0M | $1.2B | ||
| Q2 24 | $686.7M | $1.2B |
净利润BHETNET
| Q1 26 | $13.0M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $14.3M | $34.0M | ||
| Q2 25 | $972.0K | $37.0M | ||
| Q1 25 | $3.6M | $85.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | $15.4M | $45.0M | ||
| Q2 24 | $15.5M | $60.0M |
毛利率BHETNET
| Q1 26 | 10.2% | — | ||
| Q4 25 | 10.2% | — | ||
| Q3 25 | 9.7% | — | ||
| Q2 25 | 9.7% | — | ||
| Q1 25 | 9.7% | — | ||
| Q4 24 | 9.9% | — | ||
| Q3 24 | 9.8% | — | ||
| Q2 24 | 9.9% | — |
营业利润率BHETNET
| Q1 26 | 3.2% | — | ||
| Q4 25 | 2.8% | 0.1% | ||
| Q3 25 | 3.4% | 4.1% | ||
| Q2 25 | 3.1% | 4.1% | ||
| Q1 25 | 1.8% | 8.9% | ||
| Q4 24 | 4.2% | -2.9% | ||
| Q3 24 | 4.1% | 4.7% | ||
| Q2 24 | 4.0% | 6.5% |
净利率BHETNET
| Q1 26 | 1.9% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 2.0% | 2.8% | ||
| Q2 25 | 0.1% | 3.0% | ||
| Q1 25 | 0.6% | 6.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.3% | 3.6% | ||
| Q2 24 | 2.3% | 4.9% |
每股收益（稀释后）BHETNET
| Q1 26 | $0.17 | — | ||
| Q4 25 | $0.16 | $0.02 | ||
| Q3 25 | $0.39 | $0.70 | ||
| Q2 25 | $0.03 | $0.77 | ||
| Q1 25 | $0.10 | $1.71 | ||
| Q4 24 | $0.43 | $-0.44 | ||
| Q3 24 | $0.42 | $0.89 | ||
| Q2 24 | $0.43 | $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 | $324.9M | $287.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $54.0M |
| 总资产 | $2.1B | $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BHETNET
| Q1 26 | $324.9M | — | ||
| Q4 25 | $322.1M | $287.0M | ||
| Q3 25 | $285.4M | $321.0M | ||
| Q2 25 | $264.6M | $407.0M | ||
| Q1 25 | $355.3M | $349.0M | ||
| Q4 24 | $315.2M | $360.0M | ||
| Q3 24 | $324.4M | $301.0M | ||
| Q2 24 | $309.3M | $249.0M |
总债务BHETNET
| Q1 26 | — | — | ||
| Q4 25 | $206.8M | — | ||
| Q3 25 | $212.6M | — | ||
| Q2 25 | $203.4M | — | ||
| Q1 25 | $268.9M | — | ||
| Q4 24 | $250.5M | — | ||
| Q3 24 | $272.0M | — | ||
| Q2 24 | $283.6M | — |
股东权益BHETNET
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $54.0M | ||
| Q3 25 | $1.1B | $110.0M | ||
| Q2 25 | $1.1B | $107.0M | ||
| Q1 25 | $1.1B | $63.0M | ||
| Q4 24 | $1.1B | $69.0M | ||
| Q3 24 | $1.1B | $129.0M | ||
| Q2 24 | $1.1B | $100.0M |
总资产BHETNET
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.1B | $3.8B | ||
| Q3 25 | $2.1B | $3.4B | ||
| Q2 25 | $2.0B | $3.7B | ||
| Q1 25 | $2.1B | $3.8B | ||
| Q4 24 | $2.1B | $4.1B | ||
| Q3 24 | $2.1B | $3.7B | ||
| Q2 24 | $2.2B | $3.7B |
负债/权益比BHETNET
| Q1 26 | — | — | ||
| Q4 25 | 0.19× | — | ||
| Q3 25 | 0.19× | — | ||
| Q2 25 | 0.18× | — | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.23× | — | ||
| Q3 24 | 0.25× | — | ||
| Q2 24 | 0.26× | — |
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 | $47.0M | $61.0M |
| 自由现金流经营现金流 - 资本支出 | $48.1M | $43.0M |
| 自由现金流率自由现金流/营收 | 7.1% | 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 | 3.61× | — |
| 过去12个月自由现金流最近4个季度 | $108.3M | $234.0M |
8季度趋势，按日历期对齐
经营现金流BHETNET
| Q1 26 | $47.0M | — | ||
| Q4 25 | $58.7M | $61.0M | ||
| Q3 25 | $36.6M | $72.0M | ||
| Q2 25 | $-2.8M | $75.0M | ||
| Q1 25 | $31.5M | $95.0M | ||
| Q4 24 | $45.9M | $65.0M | ||
| Q3 24 | $39.0M | $84.0M | ||
| Q2 24 | $55.8M | $39.0M |
自由现金流BHETNET
| Q1 26 | $48.1M | — | ||
| Q4 25 | $48.2M | $43.0M | ||
| Q3 25 | $25.8M | $55.0M | ||
| Q2 25 | $-13.8M | $57.0M | ||
| Q1 25 | $28.1M | $79.0M | ||
| Q4 24 | $37.2M | $47.0M | ||
| Q3 24 | $29.2M | $59.0M | ||
| Q2 24 | $48.2M | $22.0M |
自由现金流率BHETNET
| Q1 26 | 7.1% | — | ||
| Q4 25 | 6.6% | 3.4% | ||
| Q3 25 | 3.7% | 4.5% | ||
| Q2 25 | -2.1% | 4.6% | ||
| Q1 25 | 4.3% | 6.1% | ||
| Q4 24 | 5.4% | 3.7% | ||
| Q3 24 | 4.3% | 4.8% | ||
| Q2 24 | 7.0% | 1.8% |
资本支出强度BHETNET
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | 1.4% | ||
| Q3 25 | 1.5% | 1.4% | ||
| Q2 25 | 1.7% | 1.5% | ||
| Q1 25 | 0.5% | 1.2% | ||
| Q4 24 | 1.3% | 1.4% | ||
| Q3 24 | 1.4% | 2.0% | ||
| Q2 24 | 1.1% | 1.4% |
现金转化率BHETNET
| Q1 26 | 3.61× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 2.57× | 2.12× | ||
| Q2 25 | -2.90× | 2.03× | ||
| Q1 25 | 8.65× | 1.12× | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.54× | 1.87× | ||
| Q2 24 | 3.59× | 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
BHE
暂无分部数据
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
