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Fidelis Insurance Holdings Ltd（FIHL）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Fidelis Insurance Holdings Ltd的1.9倍（$1.2B vs $651.9M），TRINET GROUP, INC.同比增速更快（-2.2% vs -5.0%），Fidelis Insurance Holdings Ltd自由现金流更多（$154.6M vs $43.0M）
Fidelis Insurance Holdings Ltd是总部位于百慕大的全球特种保险与再保险服务商，提供财产、意外伤害、海事、航空等领域的定制化风险保障方案，服务范围覆盖北美、欧洲等地区的企业及机构客户。
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。
FIHL vs TNET — 直观对比
营收规模更大
TNET
是对方的1.9倍
$651.9M
营收增速更快
TNET
高出2.8%
-5.0%
自由现金流更多
FIHL
多$111.6M
$43.0M
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $651.9M | $1.2B |
| 净利润 | $130.5M | — |
| 毛利率 | — | — |
| 营业利润率 | 24.7% | 0.1% |
| 净利率 | 20.0% | — |
| 营收同比 | -5.0% | -2.2% |
| 净利润同比 | 29.7% | — |
| 每股收益（稀释后） | $1.24 | $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FIHLTNET
| Q4 25 | — | $1.2B | ||
| Q3 25 | $651.9M | $1.2B | ||
| Q2 25 | $589.3M | $1.2B | ||
| Q1 25 | $658.4M | $1.3B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | $686.1M | $1.2B | ||
| Q2 24 | $540.1M | $1.2B | ||
| Q1 24 | $520.0M | $1.3B |
净利润FIHLTNET
| Q4 25 | — | — | ||
| Q3 25 | $130.5M | $34.0M | ||
| Q2 25 | $19.7M | $37.0M | ||
| Q1 25 | $-42.5M | $85.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | $100.6M | $45.0M | ||
| Q2 24 | $53.7M | $60.0M | ||
| Q1 24 | $81.2M | $91.0M |
营业利润率FIHLTNET
| Q4 25 | — | 0.1% | ||
| Q3 25 | 24.7% | 4.1% | ||
| Q2 25 | 3.8% | 4.1% | ||
| Q1 25 | -7.6% | 8.9% | ||
| Q4 24 | — | -2.9% | ||
| Q3 24 | 17.2% | 4.7% | ||
| Q2 24 | 11.6% | 6.5% | ||
| Q1 24 | 18.3% | 9.7% |
净利率FIHLTNET
| Q4 25 | — | — | ||
| Q3 25 | 20.0% | 2.8% | ||
| Q2 25 | 3.3% | 3.0% | ||
| Q1 25 | -6.5% | 6.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | 14.7% | 3.6% | ||
| Q2 24 | 9.9% | 4.9% | ||
| Q1 24 | 15.6% | 7.2% |
每股收益（稀释后）FIHLTNET
| Q4 25 | — | $0.02 | ||
| Q3 25 | $1.24 | $0.70 | ||
| Q2 25 | $0.18 | $0.77 | ||
| Q1 25 | $-0.38 | $1.71 | ||
| Q4 24 | — | $-0.44 | ||
| Q3 24 | $0.88 | $0.89 | ||
| Q2 24 | $0.46 | $1.20 | ||
| Q1 24 | $0.69 | $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 | $892.5M | $287.0M |
| 总债务越低越好 | $842.9M | — |
| 股东权益账面价值 | $2.4B | $54.0M |
| 总资产 | $12.5B | $3.8B |
| 负债/权益比越低杠杆越低 | 0.35× | — |
8季度趋势，按日历期对齐
现金及短期投资FIHLTNET
| Q4 25 | — | $287.0M | ||
| Q3 25 | $892.5M | $321.0M | ||
| Q2 25 | $919.4M | $407.0M | ||
| Q1 25 | $733.4M | $349.0M | ||
| Q4 24 | — | $360.0M | ||
| Q3 24 | $806.8M | $301.0M | ||
| Q2 24 | $628.6M | $249.0M | ||
| Q1 24 | $671.7M | $383.0M |
总债务FIHLTNET
| Q4 25 | — | — | ||
| Q3 25 | $842.9M | — | ||
| Q2 25 | $842.6M | — | ||
| Q1 25 | $449.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $448.8M | — | ||
| Q2 24 | $448.6M | — | ||
| Q1 24 | $448.4M | — |
股东权益FIHLTNET
| Q4 25 | — | $54.0M | ||
| Q3 25 | $2.4B | $110.0M | ||
| Q2 25 | $2.3B | $107.0M | ||
| Q1 25 | $2.4B | $63.0M | ||
| Q4 24 | — | $69.0M | ||
| Q3 24 | $2.6B | $129.0M | ||
| Q2 24 | $2.5B | $100.0M | ||
| Q1 24 | $2.5B | $143.0M |
总资产FIHLTNET
| Q4 25 | — | $3.8B | ||
| Q3 25 | $12.5B | $3.4B | ||
| Q2 25 | $13.0B | $3.7B | ||
| Q1 25 | $12.8B | $3.8B | ||
| Q4 24 | — | $4.1B | ||
| Q3 24 | $11.7B | $3.7B | ||
| Q2 24 | $11.9B | $3.7B | ||
| Q1 24 | $11.3B | $4.0B |
负债/权益比FIHLTNET
| Q4 25 | — | — | ||
| Q3 25 | 0.35× | — | ||
| Q2 25 | 0.36× | — | ||
| Q1 25 | 0.19× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.17× | — | ||
| Q2 24 | 0.18× | — | ||
| Q1 24 | 0.18× | — |
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 | $155.2M | $61.0M |
| 自由现金流经营现金流 - 资本支出 | $154.6M | $43.0M |
| 自由现金流率自由现金流/营收 | 23.7% | 3.4% |
| 资本支出强度资本支出/营收 | 0.1% | 1.4% |
| 现金转化率经营现金流/净利润 | 1.19× | — |
| 过去12个月自由现金流最近4个季度 | $-320.9M | $234.0M |
8季度趋势，按日历期对齐
经营现金流FIHLTNET
| Q4 25 | — | $61.0M | ||
| Q3 25 | $155.2M | $72.0M | ||
| Q2 25 | $-359.2M | $75.0M | ||
| Q1 25 | $-433.1M | $95.0M | ||
| Q4 24 | — | $65.0M | ||
| Q3 24 | $318.9M | $84.0M | ||
| Q2 24 | $208.5M | $39.0M | ||
| Q1 24 | $-35.3M | $91.0M |
自由现金流FIHLTNET
| Q4 25 | — | $43.0M | ||
| Q3 25 | $154.6M | $55.0M | ||
| Q2 25 | $-359.3M | $57.0M | ||
| Q1 25 | $-433.4M | $79.0M | ||
| Q4 24 | — | $47.0M | ||
| Q3 24 | $317.2M | $59.0M | ||
| Q2 24 | $206.6M | $22.0M | ||
| Q1 24 | $-35.6M | $73.0M |
自由现金流率FIHLTNET
| Q4 25 | — | 3.4% | ||
| Q3 25 | 23.7% | 4.5% | ||
| Q2 25 | -61.0% | 4.6% | ||
| Q1 25 | -65.8% | 6.1% | ||
| Q4 24 | — | 3.7% | ||
| Q3 24 | 46.2% | 4.8% | ||
| Q2 24 | 38.3% | 1.8% | ||
| Q1 24 | -6.8% | 5.8% |
资本支出强度FIHLTNET
| Q4 25 | — | 1.4% | ||
| Q3 25 | 0.1% | 1.4% | ||
| Q2 25 | 0.0% | 1.5% | ||
| Q1 25 | 0.0% | 1.2% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | 0.2% | 2.0% | ||
| Q2 24 | 0.4% | 1.4% | ||
| Q1 24 | 0.1% | 1.4% |
现金转化率FIHLTNET
| Q4 25 | — | — | ||
| Q3 25 | 1.19× | 2.12× | ||
| Q2 25 | -18.23× | 2.03× | ||
| Q1 25 | — | 1.12× | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.17× | 1.87× | ||
| Q2 24 | 3.88× | 0.65× | ||
| Q1 24 | -0.43× | 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
FIHL
暂无分部数据
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
