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Floor & Decor Holdings, Inc.（FND）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Floor & Decor Holdings, Inc.的1.1倍（$1.2B vs $1.1B），Floor & Decor Holdings, Inc.同比增速更快（2.0% vs -2.2%），Floor & Decor Holdings, Inc.自由现金流更多（$45.1M vs $43.0M），过去两年Floor & Decor Holdings, Inc.的营收复合增速更高（1.5% vs -0.6%）
Floor & Decor Holdings, Inc.是美国多渠道专业零售企业，对外使用Floor & Decor品牌开展业务，创立于2000年，总部位于美国佐治亚州士麦那，主营各类硬质面地板及相关配套配件，线上线下销售渠道全面覆盖。
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。
FND vs TNET — 直观对比
营收规模更大
TNET
是对方的1.1倍
$1.1B
营收增速更快
FND
高出4.2%
-2.2%
自由现金流更多
FND
多$2.1M
$43.0M
两年增速更快
FND
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.2B |
| 净利润 | $39.3M | — |
| 毛利率 | 43.5% | — |
| 营业利润率 | 4.6% | 0.1% |
| 净利率 | 3.5% | — |
| 营收同比 | 2.0% | -2.2% |
| 净利润同比 | -17.2% | — |
| 每股收益（稀释后） | $0.36 | $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FNDTNET
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $1.2B | $1.2B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $1.2B | $1.3B | ||
| Q4 24 | $1.1B | $1.3B | ||
| Q3 24 | $1.1B | $1.2B | ||
| Q2 24 | $1.1B | $1.2B | ||
| Q1 24 | $1.1B | $1.3B |
净利润FNDTNET
| Q4 25 | $39.3M | — | ||
| Q3 25 | $57.3M | $34.0M | ||
| Q2 25 | $63.2M | $37.0M | ||
| Q1 25 | $48.9M | $85.0M | ||
| Q4 24 | $47.5M | — | ||
| Q3 24 | $51.7M | $45.0M | ||
| Q2 24 | $56.7M | $60.0M | ||
| Q1 24 | $50.0M | $91.0M |
毛利率FNDTNET
| Q4 25 | 43.5% | — | ||
| Q3 25 | 43.4% | — | ||
| Q2 25 | 43.9% | — | ||
| Q1 25 | 43.8% | — | ||
| Q4 24 | 43.5% | — | ||
| Q3 24 | 43.5% | — | ||
| Q2 24 | 43.3% | — | ||
| Q1 24 | 42.8% | — |
营业利润率FNDTNET
| Q4 25 | 4.6% | 0.1% | ||
| Q3 25 | 6.1% | 4.1% | ||
| Q2 25 | 6.7% | 4.1% | ||
| Q1 25 | 5.5% | 8.9% | ||
| Q4 24 | 5.3% | -2.9% | ||
| Q3 24 | 5.9% | 4.7% | ||
| Q2 24 | 6.3% | 6.5% | ||
| Q1 24 | 5.4% | 9.7% |
净利率FNDTNET
| Q4 25 | 3.5% | — | ||
| Q3 25 | 4.9% | 2.8% | ||
| Q2 25 | 5.2% | 3.0% | ||
| Q1 25 | 4.2% | 6.6% | ||
| Q4 24 | 4.3% | — | ||
| Q3 24 | 4.6% | 3.6% | ||
| Q2 24 | 5.0% | 4.9% | ||
| Q1 24 | 4.6% | 7.2% |
每股收益（稀释后）FNDTNET
| Q4 25 | $0.36 | $0.02 | ||
| Q3 25 | $0.53 | $0.70 | ||
| Q2 25 | $0.58 | $0.77 | ||
| Q1 25 | $0.45 | $1.71 | ||
| Q4 24 | $0.44 | $-0.44 | ||
| Q3 24 | $0.48 | $0.89 | ||
| Q2 24 | $0.52 | $1.20 | ||
| Q1 24 | $0.46 | $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 | — | $287.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.4B | $54.0M |
| 总资产 | $5.5B | $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FNDTNET
| Q4 25 | — | $287.0M | ||
| Q3 25 | — | $321.0M | ||
| Q2 25 | — | $407.0M | ||
| Q1 25 | — | $349.0M | ||
| Q4 24 | — | $360.0M | ||
| Q3 24 | — | $301.0M | ||
| Q2 24 | — | $249.0M | ||
| Q1 24 | — | $383.0M |
股东权益FNDTNET
| Q4 25 | $2.4B | $54.0M | ||
| Q3 25 | $2.4B | $110.0M | ||
| Q2 25 | $2.3B | $107.0M | ||
| Q1 25 | $2.2B | $63.0M | ||
| Q4 24 | $2.2B | $69.0M | ||
| Q3 24 | $2.1B | $129.0M | ||
| Q2 24 | $2.0B | $100.0M | ||
| Q1 24 | $2.0B | $143.0M |
总资产FNDTNET
| Q4 25 | $5.5B | $3.8B | ||
| Q3 25 | $5.5B | $3.4B | ||
| Q2 25 | $5.4B | $3.7B | ||
| Q1 25 | $5.4B | $3.8B | ||
| Q4 24 | $5.1B | $4.1B | ||
| Q3 24 | $4.9B | $3.7B | ||
| Q2 24 | $4.8B | $3.7B | ||
| Q1 24 | $4.7B | $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 | $124.1M | $61.0M |
| 自由现金流经营现金流 - 资本支出 | $45.1M | $43.0M |
| 自由现金流率自由现金流/营收 | 4.0% | 3.4% |
| 资本支出强度资本支出/营收 | 7.0% | 1.4% |
| 现金转化率经营现金流/净利润 | 3.15× | — |
| 过去12个月自由现金流最近4个季度 | $64.1M | $234.0M |
8季度趋势，按日历期对齐
经营现金流FNDTNET
| Q4 25 | $124.1M | $61.0M | ||
| Q3 25 | $102.5M | $72.0M | ||
| Q2 25 | $84.1M | $75.0M | ||
| Q1 25 | $71.2M | $95.0M | ||
| Q4 24 | $101.4M | $65.0M | ||
| Q3 24 | $160.3M | $84.0M | ||
| Q2 24 | $194.0M | $39.0M | ||
| Q1 24 | $147.5M | $91.0M |
自由现金流FNDTNET
| Q4 25 | $45.1M | $43.0M | ||
| Q3 25 | $24.5M | $55.0M | ||
| Q2 25 | $-10.0M | $57.0M | ||
| Q1 25 | $4.4M | $79.0M | ||
| Q4 24 | $3.9M | $47.0M | ||
| Q3 24 | $36.5M | $59.0M | ||
| Q2 24 | $80.0M | $22.0M | ||
| Q1 24 | $35.8M | $73.0M |
自由现金流率FNDTNET
| Q4 25 | 4.0% | 3.4% | ||
| Q3 25 | 2.1% | 4.5% | ||
| Q2 25 | -0.8% | 4.6% | ||
| Q1 25 | 0.4% | 6.1% | ||
| Q4 24 | 0.4% | 3.7% | ||
| Q3 24 | 3.3% | 4.8% | ||
| Q2 24 | 7.1% | 1.8% | ||
| Q1 24 | 3.3% | 5.8% |
资本支出强度FNDTNET
| Q4 25 | 7.0% | 1.4% | ||
| Q3 25 | 6.6% | 1.4% | ||
| Q2 25 | 7.8% | 1.5% | ||
| Q1 25 | 5.7% | 1.2% | ||
| Q4 24 | 8.8% | 1.4% | ||
| Q3 24 | 11.1% | 2.0% | ||
| Q2 24 | 10.1% | 1.4% | ||
| Q1 24 | 10.2% | 1.4% |
现金转化率FNDTNET
| Q4 25 | 3.15× | — | ||
| Q3 25 | 1.79× | 2.12× | ||
| Q2 25 | 1.33× | 2.03× | ||
| Q1 25 | 1.46× | 1.12× | ||
| Q4 24 | 2.14× | — | ||
| Q3 24 | 3.10× | 1.87× | ||
| Q2 24 | 3.42× | 0.65× | ||
| Q1 24 | 2.95× | 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
FND
| Laminate And Vinyl | $310.1M | 27% |
| Tile | $259.1M | 23% |
| Installation Materials And Tools | $218.4M | 19% |
| Decorative Accessories And Wall Tile | $177.0M | 16% |
| Wood | $83.2M | 7% |
| Natural Stone | $46.8M | 4% |
| Adjacent Categories | $26.6M | 2% |
| Other | $8.5M | 1% |
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
