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CBIZ, Inc.（CBZ）与TIC Solutions, Inc.（TIC）财务数据对比。点击上方公司名可切换其他公司
CBIZ, Inc.的季度营收约是TIC Solutions, Inc.的1.1倍（$542.7M vs $508.3M），TIC Solutions, Inc.净利率更高（-9.3% vs -14.6%，领先5.3%），CBIZ, Inc.自由现金流更多（$141.7M vs $37.1M）
CBIZ, Inc.是美国知名的金融、保险及咨询服务提供商，总部位于俄亥俄州独立市，为美国规模最大的会计、保险经纪、金融与咨询服务机构之一。集团在全美设有120多个办事处，拥有近7000名员工，1996年起在纽交所上市，1997年起使用股票代码CBZ交易。
CBZ vs TIC — 直观对比
营收规模更大
CBZ
是对方的1.1倍
$508.3M
净利率更高
TIC
高出5.3%
-14.6%
自由现金流更多
CBZ
多$104.6M
$37.1M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $542.7M | $508.3M |
| 净利润 | $-79.4M | $-47.2M |
| 毛利率 | -9.4% | 35.2% |
| 营业利润率 | -15.7% | -3.8% |
| 净利率 | -14.6% | -9.3% |
| 营收同比 | 17.9% | — |
| 净利润同比 | 12.5% | — |
| 每股收益（稀释后） | $-1.22 | — |
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CBZTIC
| Q4 25 | $542.7M | $508.3M | ||
| Q3 25 | $693.8M | $473.9M | ||
| Q2 25 | $683.5M | $313.9M | ||
| Q1 25 | $838.0M | $234.2M | ||
| Q4 24 | $460.3M | — | ||
| Q3 24 | $438.9M | — | ||
| Q2 24 | $420.0M | — | ||
| Q1 24 | $494.3M | — |
净利润CBZTIC
| Q4 25 | $-79.4M | $-47.2M | ||
| Q3 25 | $30.1M | $-13.9M | ||
| Q2 25 | $41.9M | $-233.0K | ||
| Q1 25 | $122.8M | $-25.8M | ||
| Q4 24 | $-90.7M | — | ||
| Q3 24 | $35.1M | — | ||
| Q2 24 | $19.8M | — | ||
| Q1 24 | $76.9M | — |
毛利率CBZTIC
| Q4 25 | -9.4% | 35.2% | ||
| Q3 25 | 13.0% | 32.2% | ||
| Q2 25 | 12.9% | 23.6% | ||
| Q1 25 | 27.2% | 18.6% | ||
| Q4 24 | -13.4% | — | ||
| Q3 24 | 16.6% | — | ||
| Q2 24 | 12.8% | — | ||
| Q1 24 | 23.8% | — |
营业利润率CBZTIC
| Q4 25 | -15.7% | -3.8% | ||
| Q3 25 | 8.5% | -1.4% | ||
| Q2 25 | 8.8% | 5.8% | ||
| Q1 25 | 23.9% | -4.0% | ||
| Q4 24 | -23.2% | — | ||
| Q3 24 | 11.3% | — | ||
| Q2 24 | 7.5% | — | ||
| Q1 24 | 20.0% | — |
净利率CBZTIC
| Q4 25 | -14.6% | -9.3% | ||
| Q3 25 | 4.3% | -2.9% | ||
| Q2 25 | 6.1% | -0.1% | ||
| Q1 25 | 14.7% | -11.0% | ||
| Q4 24 | -19.7% | — | ||
| Q3 24 | 8.0% | — | ||
| Q2 24 | 4.7% | — | ||
| Q1 24 | 15.6% | — |
每股收益（稀释后）CBZTIC
| Q4 25 | $-1.22 | — | ||
| Q3 25 | $0.48 | $-0.08 | ||
| Q2 25 | $0.66 | — | ||
| Q1 25 | $1.91 | — | ||
| Q4 24 | $-1.84 | — | ||
| Q3 24 | $0.70 | — | ||
| Q2 24 | $0.39 | — | ||
| Q1 24 | $1.53 | — |
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 | $18.3M | $439.5M |
| 总债务越低越好 | — | $1.6B |
| 股东权益账面价值 | $1.8B | $2.2B |
| 总资产 | $4.4B | $4.4B |
| 负债/权益比越低杠杆越低 | — | 0.74× |
8季度趋势，按日历期对齐
现金及短期投资CBZTIC
| Q4 25 | $18.3M | $439.5M | ||
| Q3 25 | $17.0M | $164.4M | ||
| Q2 25 | $39.8M | $130.1M | ||
| Q1 25 | $8.8M | $155.7M | ||
| Q4 24 | $13.8M | — | ||
| Q3 24 | $1.1M | — | ||
| Q2 24 | $1.1M | — | ||
| Q1 24 | $1.4M | — |
总债务CBZTIC
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | $751.3M | ||
| Q1 25 | — | $752.4M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CBZTIC
| Q4 25 | $1.8B | $2.2B | ||
| Q3 25 | $1.9B | $2.0B | ||
| Q2 25 | $1.9B | $1.2B | ||
| Q1 25 | $1.9B | $1.1B | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $927.9M | — | ||
| Q2 24 | $891.4M | — | ||
| Q1 24 | $867.1M | — |
总资产CBZTIC
| Q4 25 | $4.4B | $4.4B | ||
| Q3 25 | $4.5B | $4.2B | ||
| Q2 25 | $4.5B | $2.2B | ||
| Q1 25 | $4.6B | $2.2B | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $2.2B | — | ||
| Q1 24 | $2.2B | — |
负债/权益比CBZTIC
| Q4 25 | — | 0.74× | ||
| Q3 25 | — | 0.83× | ||
| Q2 25 | — | 0.64× | ||
| Q1 25 | — | 0.67× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $143.6M | $49.7M |
| 自由现金流经营现金流 - 资本支出 | $141.7M | $37.1M |
| 自由现金流率自由现金流/营收 | 26.1% | 7.3% |
| 资本支出强度资本支出/营收 | 0.4% | 2.5% |
| 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 | $175.5M | $61.3M |
8季度趋势，按日历期对齐
经营现金流CBZTIC
| Q4 25 | $143.6M | $49.7M | ||
| Q3 25 | $24.0M | $19.0M | ||
| Q2 25 | $113.1M | $-6.5M | ||
| Q1 25 | $-88.3M | $32.8M | ||
| Q4 24 | $55.5M | — | ||
| Q3 24 | $43.7M | — | ||
| Q2 24 | $88.2M | — | ||
| Q1 24 | $-63.7M | — |
自由现金流CBZTIC
| Q4 25 | $141.7M | $37.1M | ||
| Q3 25 | $22.1M | $10.3M | ||
| Q2 25 | $105.2M | $-14.5M | ||
| Q1 25 | $-93.4M | $28.3M | ||
| Q4 24 | $52.3M | — | ||
| Q3 24 | $41.1M | — | ||
| Q2 24 | $86.3M | — | ||
| Q1 24 | $-68.8M | — |
自由现金流率CBZTIC
| Q4 25 | 26.1% | 7.3% | ||
| Q3 25 | 3.2% | 2.2% | ||
| Q2 25 | 15.4% | -4.6% | ||
| Q1 25 | -11.2% | 12.1% | ||
| Q4 24 | 11.4% | — | ||
| Q3 24 | 9.4% | — | ||
| Q2 24 | 20.5% | — | ||
| Q1 24 | -13.9% | — |
资本支出强度CBZTIC
| Q4 25 | 0.4% | 2.5% | ||
| Q3 25 | 0.3% | 1.8% | ||
| Q2 25 | 1.2% | 2.6% | ||
| Q1 25 | 0.6% | 1.9% | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 0.6% | — | ||
| Q2 24 | 0.4% | — | ||
| Q1 24 | 1.0% | — |
现金转化率CBZTIC
| Q4 25 | — | — | ||
| Q3 25 | 0.79× | — | ||
| Q2 25 | 2.70× | — | ||
| Q1 25 | -0.72× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.25× | — | ||
| Q2 24 | 4.45× | — | ||
| Q1 24 | -0.83× | — |
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
CBZ
| Financial Services | $439.5M | 81% |
| Benefits And Insurance Services | $91.3M | 17% |
| National Practices | $11.9M | 2% |
TIC
| Consulting Engineering Segment | $300.1M | 59% |
| Geospatial Segment | $131.3M | 26% |
| Fixed Unit Price Contracts | $54.3M | 11% |
| Other | $22.6M | 4% |
