vs
Frontier Communications Parent, Inc.（FYBR）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
Frontier Communications Parent, Inc.的季度营收约是TRINET GROUP, INC.的1.2倍（$1.5B vs $1.2B），Frontier Communications Parent, Inc.同比增速更快（4.2% vs -2.2%），TRINET GROUP, INC.自由现金流更多（$43.0M vs $-315.0M），过去两年Frontier Communications Parent, Inc.的营收复合增速更高（4.3% vs -0.6%）
前沿通信母公司是一家美国电信企业，隶属于威瑞森，拥有光纤通信网络，并提供云相关服务，该公司曾先后更名为公民公用事业公司、公民通信公司和前沿通信公司，是美国本土知名电信运营商之一。
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。
FYBR vs TNET — 直观对比
营收规模更大
FYBR
是对方的1.2倍
$1.2B
营收增速更快
FYBR
高出6.4%
-2.2%
自由现金流更多
TNET
多$358.0M
$-315.0M
两年增速更快
FYBR
近两年复合增速
-0.6%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.2B |
| 净利润 | $-76.0M | — |
| 毛利率 | 64.3% | — |
| 营业利润率 | 7.6% | 0.1% |
| 净利率 | -5.0% | — |
| 营收同比 | 4.2% | -2.2% |
| 净利润同比 | 7.3% | — |
| 每股收益（稀释后） | $-0.30 | $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FYBRTNET
| Q4 25 | — | $1.2B | ||
| Q3 25 | $1.5B | $1.2B | ||
| Q2 25 | $1.5B | $1.2B | ||
| Q1 25 | $1.5B | $1.3B | ||
| Q4 24 | $1.5B | $1.3B | ||
| Q3 24 | $1.5B | $1.2B | ||
| Q2 24 | $1.5B | $1.2B | ||
| Q1 24 | $1.4B | $1.3B |
净利润FYBRTNET
| Q4 25 | — | — | ||
| Q3 25 | $-76.0M | $34.0M | ||
| Q2 25 | $-123.0M | $37.0M | ||
| Q1 25 | $-64.0M | $85.0M | ||
| Q4 24 | $-118.0M | — | ||
| Q3 24 | $-82.0M | $45.0M | ||
| Q2 24 | $-123.0M | $60.0M | ||
| Q1 24 | $1.0M | $91.0M |
毛利率FYBRTNET
| Q4 25 | — | — | ||
| Q3 25 | 64.3% | — | ||
| Q2 25 | 65.0% | — | ||
| Q1 25 | 65.2% | — | ||
| Q4 24 | 64.2% | — | ||
| Q3 24 | 63.4% | — | ||
| Q2 24 | 64.8% | — | ||
| Q1 24 | 63.9% | — |
营业利润率FYBRTNET
| Q4 25 | — | 0.1% | ||
| Q3 25 | 7.6% | 4.1% | ||
| Q2 25 | 2.9% | 4.1% | ||
| Q1 25 | 5.1% | 8.9% | ||
| Q4 24 | 5.8% | -2.9% | ||
| Q3 24 | 5.8% | 4.7% | ||
| Q2 24 | 6.2% | 6.5% | ||
| Q1 24 | 6.2% | 9.7% |
净利率FYBRTNET
| Q4 25 | — | — | ||
| Q3 25 | -5.0% | 2.8% | ||
| Q2 25 | -8.1% | 3.0% | ||
| Q1 25 | -4.3% | 6.6% | ||
| Q4 24 | -7.9% | — | ||
| Q3 24 | -5.6% | 3.6% | ||
| Q2 24 | -8.4% | 4.9% | ||
| Q1 24 | 0.1% | 7.2% |
每股收益（稀释后）FYBRTNET
| Q4 25 | — | $0.02 | ||
| Q3 25 | $-0.30 | $0.70 | ||
| Q2 25 | $-0.49 | $0.77 | ||
| Q1 25 | $-0.26 | $1.71 | ||
| Q4 24 | $-0.48 | $-0.44 | ||
| Q3 24 | $-0.33 | $0.89 | ||
| Q2 24 | $-0.49 | $1.20 | ||
| Q1 24 | $0.00 | $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 | $336.0M | $287.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.7B | $54.0M |
| 总资产 | $21.6B | $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FYBRTNET
| Q4 25 | — | $287.0M | ||
| Q3 25 | $336.0M | $321.0M | ||
| Q2 25 | $412.0M | $407.0M | ||
| Q1 25 | $506.0M | $349.0M | ||
| Q4 24 | $750.0M | $360.0M | ||
| Q3 24 | $1.3B | $301.0M | ||
| Q2 24 | $1.2B | $249.0M | ||
| Q1 24 | $1.5B | $383.0M |
股东权益FYBRTNET
| Q4 25 | — | $54.0M | ||
| Q3 25 | $4.7B | $110.0M | ||
| Q2 25 | $4.8B | $107.0M | ||
| Q1 25 | $4.9B | $63.0M | ||
| Q4 24 | $4.9B | $69.0M | ||
| Q3 24 | $5.1B | $129.0M | ||
| Q2 24 | $5.1B | $100.0M | ||
| Q1 24 | $5.3B | $143.0M |
总资产FYBRTNET
| Q4 25 | — | $3.8B | ||
| Q3 25 | $21.6B | $3.4B | ||
| Q2 25 | $21.3B | $3.7B | ||
| Q1 25 | $20.9B | $3.8B | ||
| Q4 24 | $20.6B | $4.1B | ||
| Q3 24 | $20.9B | $3.7B | ||
| Q2 24 | $20.2B | $3.7B | ||
| Q1 24 | $20.2B | $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 | $504.0M | $61.0M |
| 自由现金流经营现金流 - 资本支出 | $-315.0M | $43.0M |
| 自由现金流率自由现金流/营收 | -20.5% | 3.4% |
| 资本支出强度资本支出/营收 | 53.4% | 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 | $-1.4B | $234.0M |
8季度趋势，按日历期对齐
经营现金流FYBRTNET
| Q4 25 | — | $61.0M | ||
| Q3 25 | $504.0M | $72.0M | ||
| Q2 25 | $477.0M | $75.0M | ||
| Q1 25 | $519.0M | $95.0M | ||
| Q4 24 | $294.0M | $65.0M | ||
| Q3 24 | $618.0M | $84.0M | ||
| Q2 24 | $374.0M | $39.0M | ||
| Q1 24 | $335.0M | $91.0M |
自由现金流FYBRTNET
| Q4 25 | — | $43.0M | ||
| Q3 25 | $-315.0M | $55.0M | ||
| Q2 25 | $-368.0M | $57.0M | ||
| Q1 25 | $-238.0M | $79.0M | ||
| Q4 24 | $-498.0M | $47.0M | ||
| Q3 24 | $-81.0M | $59.0M | ||
| Q2 24 | $-252.0M | $22.0M | ||
| Q1 24 | $-331.0M | $73.0M |
自由现金流率FYBRTNET
| Q4 25 | — | 3.4% | ||
| Q3 25 | -20.5% | 4.5% | ||
| Q2 25 | -24.2% | 4.6% | ||
| Q1 25 | -15.9% | 6.1% | ||
| Q4 24 | -33.4% | 3.7% | ||
| Q3 24 | -5.5% | 4.8% | ||
| Q2 24 | -17.2% | 1.8% | ||
| Q1 24 | -22.9% | 5.8% |
资本支出强度FYBRTNET
| Q4 25 | — | 1.4% | ||
| Q3 25 | 53.4% | 1.4% | ||
| Q2 25 | 55.5% | 1.5% | ||
| Q1 25 | 50.6% | 1.2% | ||
| Q4 24 | 53.2% | 1.4% | ||
| Q3 24 | 47.5% | 2.0% | ||
| Q2 24 | 42.7% | 1.4% | ||
| Q1 24 | 46.1% | 1.4% |
现金转化率FYBRTNET
| Q4 25 | — | — | ||
| Q3 25 | — | 2.12× | ||
| Q2 25 | — | 2.03× | ||
| Q1 25 | — | 1.12× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.87× | ||
| Q2 24 | — | 0.65× | ||
| Q1 24 | 335.00× | 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
FYBR
| Consumer | $826.0M | 54% |
| Business And Wholesale | $707.0M | 46% |
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
