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高乐氏（CLX）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
高乐氏的季度营收约是TRINET GROUP, INC.的1.3倍（$1.7B vs $1.2B），高乐氏同比增速更快（0.3% vs -2.2%），过去两年TRINET GROUP, INC.的营收复合增速更高（-0.6% vs -8.3%）
高乐氏是美国跨国企业，专业从事消费级与专业用途产品的生产及营销。2000年至2024年持续入选《财富》500强榜单，最新排名为第485位，旗下产品覆盖清洁护理、家居日用等多个品类，在全球消费市场拥有较高认可度。
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。
CLX vs TNET — 直观对比
营收规模更大
CLX
是对方的1.3倍
$1.2B
营收增速更快
CLX
高出2.5%
-2.2%
两年增速更快
TNET
近两年复合增速
-8.3%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.2B |
| 净利润 | $157.0M | — |
| 毛利率 | 43.2% | — |
| 营业利润率 | — | 0.1% |
| 净利率 | 9.4% | — |
| 营收同比 | 0.3% | -2.2% |
| 净利润同比 | -15.6% | — |
| 每股收益（稀释后） | $1.29 | $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CLXTNET
| Q4 25 | $1.7B | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | $2.0B | $1.2B | ||
| Q1 25 | $1.7B | $1.3B | ||
| Q4 24 | $1.7B | $1.3B | ||
| Q3 24 | $1.8B | $1.2B | ||
| Q2 24 | $1.9B | $1.2B | ||
| Q1 24 | $1.8B | $1.3B |
净利润CLXTNET
| Q4 25 | $157.0M | — | ||
| Q3 25 | — | $34.0M | ||
| Q2 25 | $332.0M | $37.0M | ||
| Q1 25 | $186.0M | $85.0M | ||
| Q4 24 | $193.0M | — | ||
| Q3 24 | $99.0M | $45.0M | ||
| Q2 24 | $216.0M | $60.0M | ||
| Q1 24 | $-51.0M | $91.0M |
毛利率CLXTNET
| Q4 25 | 43.2% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 46.5% | — | ||
| Q1 25 | 44.6% | — | ||
| Q4 24 | 43.8% | — | ||
| Q3 24 | 45.8% | — | ||
| Q2 24 | 46.5% | — | ||
| Q1 24 | 42.2% | — |
营业利润率CLXTNET
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 4.1% | ||
| Q2 25 | 20.6% | 4.1% | ||
| Q1 25 | 15.2% | 8.9% | ||
| Q4 24 | 14.1% | -2.9% | ||
| Q3 24 | 10.0% | 4.7% | ||
| Q2 24 | 14.5% | 6.5% | ||
| Q1 24 | -2.3% | 9.7% |
净利率CLXTNET
| Q4 25 | 9.4% | — | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | 16.7% | 3.0% | ||
| Q1 25 | 11.2% | 6.6% | ||
| Q4 24 | 11.4% | — | ||
| Q3 24 | 5.6% | 3.6% | ||
| Q2 24 | 11.4% | 4.9% | ||
| Q1 24 | -2.8% | 7.2% |
每股收益（稀释后）CLXTNET
| Q4 25 | $1.29 | $0.02 | ||
| Q3 25 | — | $0.70 | ||
| Q2 25 | $2.68 | $0.77 | ||
| Q1 25 | $1.50 | $1.71 | ||
| Q4 24 | $1.54 | $-0.44 | ||
| Q3 24 | $0.80 | $0.89 | ||
| Q2 24 | $1.74 | $1.20 | ||
| Q1 24 | $-0.41 | $1.78 |
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 | $227.0M | $287.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-125.0M | $54.0M |
| 总资产 | $5.6B | $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CLXTNET
| Q4 25 | $227.0M | $287.0M | ||
| Q3 25 | — | $321.0M | ||
| Q2 25 | $167.0M | $407.0M | ||
| Q1 25 | $226.0M | $349.0M | ||
| Q4 24 | $290.0M | $360.0M | ||
| Q3 24 | $278.0M | $301.0M | ||
| Q2 24 | $202.0M | $249.0M | ||
| Q1 24 | $219.0M | $383.0M |
总债务CLXTNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $2.5B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $2.5B | — | ||
| Q1 24 | — | — |
股东权益CLXTNET
| Q4 25 | $-125.0M | $54.0M | ||
| Q3 25 | — | $110.0M | ||
| Q2 25 | $321.0M | $107.0M | ||
| Q1 25 | $27.0M | $63.0M | ||
| Q4 24 | $-41.0M | $69.0M | ||
| Q3 24 | $60.0M | $129.0M | ||
| Q2 24 | $328.0M | $100.0M | ||
| Q1 24 | $91.0M | $143.0M |
总资产CLXTNET
| Q4 25 | $5.6B | $3.8B | ||
| Q3 25 | — | $3.4B | ||
| Q2 25 | $5.6B | $3.7B | ||
| Q1 25 | $5.5B | $3.8B | ||
| Q4 24 | $5.6B | $4.1B | ||
| Q3 24 | $5.5B | $3.7B | ||
| Q2 24 | $5.8B | $3.7B | ||
| Q1 24 | $5.8B | $4.0B |
负债/权益比CLXTNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 7.74× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 7.56× | — | ||
| 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 | — | $61.0M |
| 自由现金流经营现金流 - 资本支出 | — | $43.0M |
| 自由现金流率自由现金流/营收 | — | 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 | — | $234.0M |
8季度趋势，按日历期对齐
经营现金流CLXTNET
| Q4 25 | — | $61.0M | ||
| Q3 25 | — | $72.0M | ||
| Q2 25 | $294.0M | $75.0M | ||
| Q1 25 | $286.0M | $95.0M | ||
| Q4 24 | $180.0M | $65.0M | ||
| Q3 24 | $221.0M | $84.0M | ||
| Q2 24 | $340.0M | $39.0M | ||
| Q1 24 | $182.0M | $91.0M |
自由现金流CLXTNET
| Q4 25 | — | $43.0M | ||
| Q3 25 | — | $55.0M | ||
| Q2 25 | $219.0M | $57.0M | ||
| Q1 25 | $233.0M | $79.0M | ||
| Q4 24 | $127.0M | $47.0M | ||
| Q3 24 | $182.0M | $59.0M | ||
| Q2 24 | $259.0M | $22.0M | ||
| Q1 24 | $127.0M | $73.0M |
自由现金流率CLXTNET
| Q4 25 | — | 3.4% | ||
| Q3 25 | — | 4.5% | ||
| Q2 25 | 11.0% | 4.6% | ||
| Q1 25 | 14.0% | 6.1% | ||
| Q4 24 | 7.5% | 3.7% | ||
| Q3 24 | 10.3% | 4.8% | ||
| Q2 24 | 13.6% | 1.8% | ||
| Q1 24 | 7.0% | 5.8% |
资本支出强度CLXTNET
| Q4 25 | — | 1.4% | ||
| Q3 25 | — | 1.4% | ||
| Q2 25 | 3.8% | 1.5% | ||
| Q1 25 | 3.2% | 1.2% | ||
| Q4 24 | 3.1% | 1.4% | ||
| Q3 24 | 2.2% | 2.0% | ||
| Q2 24 | 4.3% | 1.4% | ||
| Q1 24 | 3.0% | 1.4% |
现金转化率CLXTNET
| Q4 25 | — | — | ||
| Q3 25 | — | 2.12× | ||
| Q2 25 | 0.89× | 2.03× | ||
| Q1 25 | 1.54× | 1.12× | ||
| Q4 24 | 0.93× | — | ||
| Q3 24 | 2.23× | 1.87× | ||
| Q2 24 | 1.57× | 0.65× | ||
| Q1 24 | — | 1.00× |
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
CLX
| Health And Wellness | $643.0M | 38% |
| Household | $419.0M | 25% |
| Lifestyle | $321.0M | 19% |
| Other | $290.0M | 17% |
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
