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iHeartMedia, Inc.（IHRT）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iHeartMedia, Inc.的1.1倍（$1.2B vs $1.1B），iHeartMedia, Inc.同比增速更快（0.8% vs -2.2%），iHeartMedia, Inc.自由现金流更多（$137.6M vs $43.0M），过去两年iHeartMedia, Inc.的营收复合增速更高（18.8% vs -0.6%）
iHeartMedia是一家总部位于美国德克萨斯州圣安东尼奥的大众传媒企业，前身为清晰频道通信公司，1972年由劳里·梅斯与雷德·麦库姆斯创立，2008年由贝恩资本和托马斯·李合作伙伴公司通过杠杆收购完成私有化，目前是美国知名的传媒控股集团。
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。
IHRT 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
IHRT
高出3.0%
-2.2%
自由现金流更多
IHRT
多$94.6M
$43.0M
两年增速更快
IHRT
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 | $-41.9M | — |
| 毛利率 | — | — |
| 营业利润率 | 7.6% | 0.1% |
| 净利率 | -3.7% | — |
| 营收同比 | 0.8% | -2.2% |
| 净利润同比 | -233.1% | — |
| 每股收益（稀释后） | $-0.25 | $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IHRTTNET
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $997.0M | $1.2B | ||
| Q2 25 | $933.7M | $1.2B | ||
| Q1 25 | $807.1M | $1.3B | ||
| Q4 24 | $1.1B | $1.3B | ||
| Q3 24 | $1.0B | $1.2B | ||
| Q2 24 | $929.1M | $1.2B | ||
| Q1 24 | $799.0M | $1.3B |
净利润IHRTTNET
| Q4 25 | $-41.9M | — | ||
| Q3 25 | $-66.3M | $34.0M | ||
| Q2 25 | $-83.5M | $37.0M | ||
| Q1 25 | $-281.2M | $85.0M | ||
| Q4 24 | $31.5M | — | ||
| Q3 24 | $-41.3M | $45.0M | ||
| Q2 24 | $-981.7M | $60.0M | ||
| Q1 24 | $-18.5M | $91.0M |
营业利润率IHRTTNET
| Q4 25 | 7.6% | 0.1% | ||
| Q3 25 | -11.7% | 4.1% | ||
| Q2 25 | 3.8% | 4.1% | ||
| Q1 25 | -3.2% | 8.9% | ||
| Q4 24 | 9.3% | -2.9% | ||
| Q3 24 | 7.6% | 4.7% | ||
| Q2 24 | -97.9% | 6.5% | ||
| Q1 24 | -4.3% | 9.7% |
净利率IHRTTNET
| Q4 25 | -3.7% | — | ||
| Q3 25 | -6.6% | 2.8% | ||
| Q2 25 | -8.9% | 3.0% | ||
| Q1 25 | -34.8% | 6.6% | ||
| Q4 24 | 2.8% | — | ||
| Q3 24 | -4.1% | 3.6% | ||
| Q2 24 | -105.7% | 4.9% | ||
| Q1 24 | -2.3% | 7.2% |
每股收益（稀释后）IHRTTNET
| Q4 25 | $-0.25 | $0.02 | ||
| Q3 25 | $-0.43 | $0.70 | ||
| Q2 25 | $-0.54 | $0.77 | ||
| Q1 25 | $-1.84 | $1.71 | ||
| Q4 24 | $0.21 | $-0.44 | ||
| Q3 24 | $-0.27 | $0.89 | ||
| Q2 24 | $-6.50 | $1.20 | ||
| Q1 24 | $-0.12 | $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 | $270.9M | $287.0M |
| 总债务越低越好 | $5.1B | — |
| 股东权益账面价值 | $-1.8B | $54.0M |
| 总资产 | $5.1B | $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IHRTTNET
| Q4 25 | $270.9M | $287.0M | ||
| Q3 25 | $192.2M | $321.0M | ||
| Q2 25 | $235.9M | $407.0M | ||
| Q1 25 | $167.7M | $349.0M | ||
| Q4 24 | $259.6M | $360.0M | ||
| Q3 24 | $431.8M | $301.0M | ||
| Q2 24 | $364.7M | $249.0M | ||
| Q1 24 | $361.4M | $383.0M |
总债务IHRTTNET
| Q4 25 | $5.1B | — | ||
| Q3 25 | $5.1B | — | ||
| Q2 25 | $5.1B | — | ||
| Q1 25 | $5.1B | — | ||
| Q4 24 | $5.1B | — | ||
| Q3 24 | $5.2B | — | ||
| Q2 24 | $5.2B | — | ||
| Q1 24 | $5.1B | — |
股东权益IHRTTNET
| Q4 25 | $-1.8B | $54.0M | ||
| Q3 25 | $-1.8B | $110.0M | ||
| Q2 25 | $-1.7B | $107.0M | ||
| Q1 25 | $-1.6B | $63.0M | ||
| Q4 24 | $-1.4B | $69.0M | ||
| Q3 24 | $-1.4B | $129.0M | ||
| Q2 24 | $-1.4B | $100.0M | ||
| Q1 24 | $-398.6M | $143.0M |
总资产IHRTTNET
| Q4 25 | $5.1B | $3.8B | ||
| Q3 25 | $5.1B | $3.4B | ||
| Q2 25 | $5.4B | $3.7B | ||
| Q1 25 | $5.3B | $3.8B | ||
| Q4 24 | $5.6B | $4.1B | ||
| Q3 24 | $5.8B | $3.7B | ||
| Q2 24 | $5.8B | $3.7B | ||
| Q1 24 | $6.8B | $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 | $156.3M | $61.0M |
| 自由现金流经营现金流 - 资本支出 | $137.6M | $43.0M |
| 自由现金流率自由现金流/营收 | 12.2% | 3.4% |
| 资本支出强度资本支出/营收 | 1.7% | 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 | $10.9M | $234.0M |
8季度趋势，按日历期对齐
经营现金流IHRTTNET
| Q4 25 | $156.3M | $61.0M | ||
| Q3 25 | $-9.5M | $72.0M | ||
| Q2 25 | $6.8M | $75.0M | ||
| Q1 25 | $-60.9M | $95.0M | ||
| Q4 24 | $1.2M | $65.0M | ||
| Q3 24 | $102.8M | $84.0M | ||
| Q2 24 | $26.7M | $39.0M | ||
| Q1 24 | $-59.3M | $91.0M |
自由现金流IHRTTNET
| Q4 25 | $137.6M | $43.0M | ||
| Q3 25 | $-32.8M | $55.0M | ||
| Q2 25 | $-13.2M | $57.0M | ||
| Q1 25 | $-80.7M | $79.0M | ||
| Q4 24 | $-24.2M | $47.0M | ||
| Q3 24 | $73.3M | $59.0M | ||
| Q2 24 | $5.6M | $22.0M | ||
| Q1 24 | $-80.9M | $73.0M |
自由现金流率IHRTTNET
| Q4 25 | 12.2% | 3.4% | ||
| Q3 25 | -3.3% | 4.5% | ||
| Q2 25 | -1.4% | 4.6% | ||
| Q1 25 | -10.0% | 6.1% | ||
| Q4 24 | -2.2% | 3.7% | ||
| Q3 24 | 7.3% | 4.8% | ||
| Q2 24 | 0.6% | 1.8% | ||
| Q1 24 | -10.1% | 5.8% |
资本支出强度IHRTTNET
| Q4 25 | 1.7% | 1.4% | ||
| Q3 25 | 2.3% | 1.4% | ||
| Q2 25 | 2.1% | 1.5% | ||
| Q1 25 | 2.4% | 1.2% | ||
| Q4 24 | 2.3% | 1.4% | ||
| Q3 24 | 2.9% | 2.0% | ||
| Q2 24 | 2.3% | 1.4% | ||
| Q1 24 | 2.7% | 1.4% |
现金转化率IHRTTNET
| Q4 25 | — | — | ||
| Q3 25 | — | 2.12× | ||
| Q2 25 | — | 2.03× | ||
| Q1 25 | — | 1.12× | ||
| Q4 24 | 0.04× | — | ||
| 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
IHRT
| Broadcast Radio | $469.9M | 42% |
| Digital Non Podcast | $212.9M | 19% |
| Tradeand Barter Transactions | $124.4M | 11% |
| Networks | $118.2M | 10% |
| Audio And Media Services Group Segment | $78.9M | 7% |
| Sponsorship And Events | $71.4M | 6% |
| Advertising Trade And Barter Transactions | $23.7M | 2% |
| Other | $22.7M | 2% |
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
