vs
Equity Residential（EQR）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Equity Residential的1.6倍（$1.2B vs $781.9M），Equity Residential同比增速更快（2.0% vs -2.2%），过去两年Equity Residential的营收复合增速更高（3.4% vs -0.6%）
Equity Residential是总部位于美国的公开上市房地产投资信托基金（REIT），核心业务聚焦公寓类不动产投资，在全美多地持有大量优质公寓资产，深耕租赁住房市场，拥有成熟的运营管理经验和突出的行业竞争优势。
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。
EQR vs TNET — 直观对比
营收规模更大
TNET
是对方的1.6倍
$781.9M
营收增速更快
EQR
高出4.2%
-2.2%
两年增速更快
EQR
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $781.9M | $1.2B |
| 净利润 | $382.1M | — |
| 毛利率 | — | — |
| 营业利润率 | 50.6% | 0.1% |
| 净利率 | 48.9% | — |
| 营收同比 | 2.0% | -2.2% |
| 净利润同比 | -8.8% | — |
| 每股收益（稀释后） | $1.01 | $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EQRTNET
| Q4 25 | $781.9M | $1.2B | ||
| Q3 25 | $782.4M | $1.2B | ||
| Q2 25 | $768.8M | $1.2B | ||
| Q1 25 | $760.8M | $1.3B | ||
| Q4 24 | $766.8M | $1.3B | ||
| Q3 24 | $748.3M | $1.2B | ||
| Q2 24 | $734.2M | $1.2B | ||
| Q1 24 | $730.8M | $1.3B |
净利润EQRTNET
| Q4 25 | $382.1M | — | ||
| Q3 25 | $289.1M | $34.0M | ||
| Q2 25 | $192.4M | $37.0M | ||
| Q1 25 | $256.6M | $85.0M | ||
| Q4 24 | $419.1M | — | ||
| Q3 24 | $143.4M | $45.0M | ||
| Q2 24 | $177.5M | $60.0M | ||
| Q1 24 | $295.8M | $91.0M |
营业利润率EQRTNET
| Q4 25 | 50.6% | 0.1% | ||
| Q3 25 | 38.5% | 4.1% | ||
| Q2 25 | 26.6% | 4.1% | ||
| Q1 25 | 35.7% | 8.9% | ||
| Q4 24 | 57.2% | -2.9% | ||
| Q3 24 | 20.1% | 4.7% | ||
| Q2 24 | 25.3% | 6.5% | ||
| Q1 24 | 42.0% | 9.7% |
净利率EQRTNET
| Q4 25 | 48.9% | — | ||
| Q3 25 | 36.9% | 2.8% | ||
| Q2 25 | 25.0% | 3.0% | ||
| Q1 25 | 33.7% | 6.6% | ||
| Q4 24 | 54.7% | — | ||
| Q3 24 | 19.2% | 3.6% | ||
| Q2 24 | 24.2% | 4.9% | ||
| Q1 24 | 40.5% | 7.2% |
每股收益（稀释后）EQRTNET
| Q4 25 | $1.01 | $0.02 | ||
| Q3 25 | $0.76 | $0.70 | ||
| Q2 25 | $0.50 | $0.77 | ||
| Q1 25 | $0.67 | $1.71 | ||
| Q4 24 | $1.10 | $-0.44 | ||
| Q3 24 | $0.38 | $0.89 | ||
| Q2 24 | $0.47 | $1.20 | ||
| Q1 24 | $0.77 | $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 | $55.9M | $287.0M |
| 总债务越低越好 | $8.2B | — |
| 股东权益账面价值 | $11.0B | $54.0M |
| 总资产 | $20.7B | $3.8B |
| 负债/权益比越低杠杆越低 | 0.75× | — |
8季度趋势，按日历期对齐
现金及短期投资EQRTNET
| Q4 25 | $55.9M | $287.0M | ||
| Q3 25 | $93.1M | $321.0M | ||
| Q2 25 | $31.3M | $407.0M | ||
| Q1 25 | $39.8M | $349.0M | ||
| Q4 24 | $62.3M | $360.0M | ||
| Q3 24 | $28.6M | $301.0M | ||
| Q2 24 | $38.3M | $249.0M | ||
| Q1 24 | $44.5M | $383.0M |
总债务EQRTNET
| Q4 25 | $8.2B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.2B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益EQRTNET
| Q4 25 | $11.0B | $54.0M | ||
| Q3 25 | $11.1B | $110.0M | ||
| Q2 25 | $11.0B | $107.0M | ||
| Q1 25 | $11.0B | $63.0M | ||
| Q4 24 | $11.0B | $69.0M | ||
| Q3 24 | $10.9B | $129.0M | ||
| Q2 24 | $11.0B | $100.0M | ||
| Q1 24 | $11.1B | $143.0M |
总资产EQRTNET
| Q4 25 | $20.7B | $3.8B | ||
| Q3 25 | $21.1B | $3.4B | ||
| Q2 25 | $21.0B | $3.7B | ||
| Q1 25 | $20.6B | $3.8B | ||
| Q4 24 | $20.8B | $4.1B | ||
| Q3 24 | $20.9B | $3.7B | ||
| Q2 24 | $19.8B | $3.7B | ||
| Q1 24 | $19.9B | $4.0B |
负债/权益比EQRTNET
| Q4 25 | 0.75× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.74× | — | ||
| 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 | $387.0M | $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 | 1.01× | — |
| 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EQRTNET
| Q4 25 | $387.0M | $61.0M | ||
| Q3 25 | $476.7M | $72.0M | ||
| Q2 25 | $359.5M | $75.0M | ||
| Q1 25 | $425.5M | $95.0M | ||
| Q4 24 | $354.2M | $65.0M | ||
| Q3 24 | $401.4M | $84.0M | ||
| Q2 24 | $396.9M | $39.0M | ||
| Q1 24 | $421.0M | $91.0M |
自由现金流EQRTNET
| Q4 25 | — | $43.0M | ||
| Q3 25 | — | $55.0M | ||
| Q2 25 | — | $57.0M | ||
| Q1 25 | — | $79.0M | ||
| Q4 24 | — | $47.0M | ||
| Q3 24 | — | $59.0M | ||
| Q2 24 | — | $22.0M | ||
| Q1 24 | — | $73.0M |
自由现金流率EQRTNET
| Q4 25 | — | 3.4% | ||
| Q3 25 | — | 4.5% | ||
| Q2 25 | — | 4.6% | ||
| Q1 25 | — | 6.1% | ||
| Q4 24 | — | 3.7% | ||
| Q3 24 | — | 4.8% | ||
| Q2 24 | — | 1.8% | ||
| Q1 24 | — | 5.8% |
资本支出强度EQRTNET
| Q4 25 | — | 1.4% | ||
| Q3 25 | — | 1.4% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 1.2% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 1.4% | ||
| Q1 24 | — | 1.4% |
现金转化率EQRTNET
| Q4 25 | 1.01× | — | ||
| Q3 25 | 1.65× | 2.12× | ||
| Q2 25 | 1.87× | 2.03× | ||
| Q1 25 | 1.66× | 1.12× | ||
| Q4 24 | 0.85× | — | ||
| Q3 24 | 2.80× | 1.87× | ||
| Q2 24 | 2.24× | 0.65× | ||
| Q1 24 | 1.42× | 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
EQR
暂无分部数据
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
