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COMSTOCK RESOURCES INC（CRK）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COMSTOCK RESOURCES INC的1.6倍（$1.2B vs $787.3M），COMSTOCK RESOURCES INC同比增速更快（114.3% vs -2.2%），TRINET GROUP, INC.自由现金流更多（$43.0M vs $-141.2M），过去两年COMSTOCK RESOURCES INC的营收复合增速更高（53.1% vs -0.6%）
Comstock Resources Inc.是一家独立能源企业，主要从事天然气、原油及天然气凝液的勘探、开发、生产与销售业务，核心运营资产位于美国得州和路易斯安那州的页岩产区，服务北美能源市场。
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。
CRK vs TNET — 直观对比
营收规模更大
TNET
是对方的1.6倍
$787.3M
营收增速更快
CRK
高出116.5%
-2.2%
自由现金流更多
TNET
多$184.2M
$-141.2M
两年增速更快
CRK
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $787.3M | $1.2B |
| 净利润 | $280.9M | — |
| 毛利率 | — | — |
| 营业利润率 | 48.3% | 0.1% |
| 净利率 | 35.7% | — |
| 营收同比 | 114.3% | -2.2% |
| 净利润同比 | 583.3% | — |
| 每股收益（稀释后） | $0.99 | $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CRKTNET
| Q4 25 | $787.3M | $1.2B | ||
| Q3 25 | $449.9M | $1.2B | ||
| Q2 25 | $470.3M | $1.2B | ||
| Q1 25 | $512.9M | $1.3B | ||
| Q4 24 | $367.4M | $1.3B | ||
| Q3 24 | $304.5M | $1.2B | ||
| Q2 24 | $246.8M | $1.2B | ||
| Q1 24 | $335.8M | $1.3B |
净利润CRKTNET
| Q4 25 | $280.9M | — | ||
| Q3 25 | $111.1M | $34.0M | ||
| Q2 25 | $124.8M | $37.0M | ||
| Q1 25 | $-121.3M | $85.0M | ||
| Q4 24 | $-58.1M | — | ||
| Q3 24 | $-28.9M | $45.0M | ||
| Q2 24 | $-126.3M | $60.0M | ||
| Q1 24 | $-16.3M | $91.0M |
营业利润率CRKTNET
| Q4 25 | 48.3% | 0.1% | ||
| Q3 25 | 11.2% | 4.1% | ||
| Q2 25 | 19.0% | 4.1% | ||
| Q1 25 | 24.6% | 8.9% | ||
| Q4 24 | -0.5% | -2.9% | ||
| Q3 24 | -20.1% | 4.7% | ||
| Q2 24 | -37.5% | 6.5% | ||
| Q1 24 | -3.8% | 9.7% |
净利率CRKTNET
| Q4 25 | 35.7% | — | ||
| Q3 25 | 24.7% | 2.8% | ||
| Q2 25 | 26.5% | 3.0% | ||
| Q1 25 | -23.6% | 6.6% | ||
| Q4 24 | -15.8% | — | ||
| Q3 24 | -9.5% | 3.6% | ||
| Q2 24 | -51.2% | 4.9% | ||
| Q1 24 | -4.9% | 7.2% |
每股收益（稀释后）CRKTNET
| Q4 25 | $0.99 | $0.02 | ||
| Q3 25 | $0.40 | $0.70 | ||
| Q2 25 | $0.44 | $0.77 | ||
| Q1 25 | $-0.40 | $1.71 | ||
| Q4 24 | $-0.19 | $-0.44 | ||
| Q3 24 | $-0.09 | $0.89 | ||
| Q2 24 | $-0.43 | $1.20 | ||
| Q1 24 | $-0.05 | $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 | $23.9M | $287.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.6B | $54.0M |
| 总资产 | $7.0B | $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CRKTNET
| Q4 25 | $23.9M | $287.0M | ||
| Q3 25 | $19.2M | $321.0M | ||
| Q2 25 | $25.9M | $407.0M | ||
| Q1 25 | $32.9M | $349.0M | ||
| Q4 24 | $6.8M | $360.0M | ||
| Q3 24 | $13.8M | $301.0M | ||
| Q2 24 | $19.3M | $249.0M | ||
| Q1 24 | $6.4M | $383.0M |
股东权益CRKTNET
| Q4 25 | $2.6B | $54.0M | ||
| Q3 25 | $2.4B | $110.0M | ||
| Q2 25 | $2.2B | $107.0M | ||
| Q1 25 | $2.1B | $63.0M | ||
| Q4 24 | $2.2B | $69.0M | ||
| Q3 24 | $2.3B | $129.0M | ||
| Q2 24 | $2.3B | $100.0M | ||
| Q1 24 | $2.4B | $143.0M |
总资产CRKTNET
| Q4 25 | $7.0B | $3.8B | ||
| Q3 25 | $6.8B | $3.4B | ||
| Q2 25 | $6.7B | $3.7B | ||
| Q1 25 | $6.6B | $3.8B | ||
| Q4 24 | $6.4B | $4.1B | ||
| Q3 24 | $6.3B | $3.7B | ||
| Q2 24 | $6.3B | $3.7B | ||
| Q1 24 | $6.3B | $4.0B |
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 | $224.2M | $61.0M |
| 自由现金流经营现金流 - 资本支出 | $-141.2M | $43.0M |
| 自由现金流率自由现金流/营收 | -17.9% | 3.4% |
| 资本支出强度资本支出/营收 | 46.4% | 1.4% |
| 现金转化率经营现金流/净利润 | 0.80× | — |
| 过去12个月自由现金流最近4个季度 | $-449.7M | $234.0M |
8季度趋势，按日历期对齐
经营现金流CRKTNET
| Q4 25 | $224.2M | $61.0M | ||
| Q3 25 | $153.1M | $72.0M | ||
| Q2 25 | $347.6M | $75.0M | ||
| Q1 25 | $174.7M | $95.0M | ||
| Q4 24 | $267.1M | $65.0M | ||
| Q3 24 | $98.2M | $84.0M | ||
| Q2 24 | $83.6M | $39.0M | ||
| Q1 24 | $171.5M | $91.0M |
自由现金流CRKTNET
| Q4 25 | $-141.2M | $43.0M | ||
| Q3 25 | $-188.4M | $55.0M | ||
| Q2 25 | $3.2M | $57.0M | ||
| Q1 25 | $-123.2M | $79.0M | ||
| Q4 24 | $-12.9M | $47.0M | ||
| Q3 24 | $-131.1M | $59.0M | ||
| Q2 24 | $-153.2M | $22.0M | ||
| Q1 24 | $-179.9M | $73.0M |
自由现金流率CRKTNET
| Q4 25 | -17.9% | 3.4% | ||
| Q3 25 | -41.9% | 4.5% | ||
| Q2 25 | 0.7% | 4.6% | ||
| Q1 25 | -24.0% | 6.1% | ||
| Q4 24 | -3.5% | 3.7% | ||
| Q3 24 | -43.1% | 4.8% | ||
| Q2 24 | -62.1% | 1.8% | ||
| Q1 24 | -53.6% | 5.8% |
资本支出强度CRKTNET
| Q4 25 | 46.4% | 1.4% | ||
| Q3 25 | 75.9% | 1.4% | ||
| Q2 25 | 73.2% | 1.5% | ||
| Q1 25 | 58.1% | 1.2% | ||
| Q4 24 | 76.2% | 1.4% | ||
| Q3 24 | 75.3% | 2.0% | ||
| Q2 24 | 95.9% | 1.4% | ||
| Q1 24 | 104.7% | 1.4% |
现金转化率CRKTNET
| Q4 25 | 0.80× | — | ||
| Q3 25 | 1.38× | 2.12× | ||
| Q2 25 | 2.78× | 2.03× | ||
| Q1 25 | — | 1.12× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.87× | ||
| Q2 24 | — | 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
CRK
| Other | $420.7M | 53% |
| Natural Gas And Oil Sales | $366.6M | 47% |
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
