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KELLY SERVICES INC（KELYA）与泰瑞达（TER）财务数据对比。点击上方公司名可切换其他公司
KELLY SERVICES INC的季度营收约是泰瑞达的1.1倍（$1.2B vs $1.1B），泰瑞达同比增速更快（43.9% vs -3.3%），泰瑞达自由现金流更多（$218.8M vs $13.0M），过去两年泰瑞达的营收复合增速更高（34.4% vs -3.1%）
凯利服务是1946年成立的美国跨国人力资源服务企业，总部位于密歇根州特洛伊市。公司可为金融服务、信息技术、法律等多个领域输送各层级雇员，核心业务涵盖人力资源管理咨询、业务外包、人才招聘、职业转型及供应商管理等专业服务。
泰瑞达是总部位于美国马萨诸塞州北雷丁的自动测试设备（ATE）设计及制造企业，在全球半导体测试领域拥有深厚技术积累，服务的知名客户涵盖三星、高通、英特尔、亚德诺、德州仪器、IBM等行业头部企业。
KELYA vs TER — 直观对比
营收规模更大
KELYA
是对方的1.1倍
$1.1B
营收增速更快
TER
高出47.2%
-3.3%
自由现金流更多
TER
多$205.8M
$13.0M
两年增速更快
TER
近两年复合增速
-3.1%
损益表 — Q4 FY2024 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.1B |
| 净利润 | — | $257.2M |
| 毛利率 | 20.3% | 57.2% |
| 营业利润率 | -4.8% | 27.1% |
| 净利率 | — | 23.7% |
| 营收同比 | -3.3% | 43.9% |
| 净利润同比 | — | 75.9% |
| 每股收益（稀释后） | $-0.86 | $1.62 |
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KELYATER
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $769.2M | ||
| Q2 25 | — | $651.8M | ||
| Q1 25 | — | $685.7M | ||
| Q4 24 | $1.2B | $752.9M | ||
| Q3 24 | $1.0B | $737.3M | ||
| Q2 24 | $1.1B | $729.9M | ||
| Q1 24 | $1.0B | $599.8M |
净利润KELYATER
| Q4 25 | — | $257.2M | ||
| Q3 25 | — | $119.6M | ||
| Q2 25 | — | $78.4M | ||
| Q1 25 | — | $98.9M | ||
| Q4 24 | — | $146.3M | ||
| Q3 24 | $800.0K | $145.6M | ||
| Q2 24 | $4.6M | $186.3M | ||
| Q1 24 | $25.8M | $64.2M |
毛利率KELYATER
| Q4 25 | — | 57.2% | ||
| Q3 25 | — | 58.4% | ||
| Q2 25 | — | 57.2% | ||
| Q1 25 | — | 60.6% | ||
| Q4 24 | 20.3% | 59.4% | ||
| Q3 24 | 21.4% | 59.2% | ||
| Q2 24 | 20.2% | 58.3% | ||
| Q1 24 | 19.7% | 56.6% |
营业利润率KELYATER
| Q4 25 | — | 27.1% | ||
| Q3 25 | — | 18.9% | ||
| Q2 25 | — | 13.9% | ||
| Q1 25 | — | 17.6% | ||
| Q4 24 | -4.8% | 20.4% | ||
| Q3 24 | 0.3% | 20.6% | ||
| Q2 24 | 1.2% | 28.8% | ||
| Q1 24 | 2.6% | 13.0% |
净利率KELYATER
| Q4 25 | — | 23.7% | ||
| Q3 25 | — | 15.5% | ||
| Q2 25 | — | 12.0% | ||
| Q1 25 | — | 14.4% | ||
| Q4 24 | — | 19.4% | ||
| Q3 24 | 0.1% | 19.8% | ||
| Q2 24 | 0.4% | 25.5% | ||
| Q1 24 | 2.5% | 10.7% |
每股收益（稀释后）KELYATER
| Q4 25 | — | $1.62 | ||
| Q3 25 | — | $0.75 | ||
| Q2 25 | — | $0.49 | ||
| Q1 25 | — | $0.61 | ||
| Q4 24 | $-0.86 | $0.89 | ||
| Q3 24 | $0.02 | $0.89 | ||
| Q2 24 | $0.12 | $1.14 | ||
| Q1 24 | $0.70 | $0.40 |
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 | $39.0M | $293.8M |
| 总债务越低越好 | $239.4M | — |
| 股东权益账面价值 | $1.2B | $2.8B |
| 总资产 | $2.6B | $4.2B |
| 负债/权益比越低杠杆越低 | 0.19× | — |
8季度趋势，按日历期对齐
现金及短期投资KELYATER
| Q4 25 | — | $293.8M | ||
| Q3 25 | — | $272.7M | ||
| Q2 25 | — | $339.3M | ||
| Q1 25 | — | $475.6M | ||
| Q4 24 | $39.0M | $553.4M | ||
| Q3 24 | $32.8M | $510.0M | ||
| Q2 24 | $38.2M | $421.9M | ||
| Q1 24 | $200.7M | $707.4M |
总债务KELYATER
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $239.4M | — | ||
| Q3 24 | $228.2M | — | ||
| Q2 24 | $210.4M | — | ||
| Q1 24 | — | — |
股东权益KELYATER
| Q4 25 | — | $2.8B | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | — | $2.8B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | $1.2B | $2.8B | ||
| Q3 24 | $1.3B | $2.9B | ||
| Q2 24 | $1.3B | $2.7B | ||
| Q1 24 | $1.3B | $2.6B |
总资产KELYATER
| Q4 25 | — | $4.2B | ||
| Q3 25 | — | $4.0B | ||
| Q2 25 | — | $3.8B | ||
| Q1 25 | — | $3.7B | ||
| Q4 24 | $2.6B | $3.7B | ||
| Q3 24 | $2.7B | $3.8B | ||
| Q2 24 | $2.6B | $3.6B | ||
| Q1 24 | $2.4B | $3.4B |
负债/权益比KELYATER
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.19× | — | ||
| Q3 24 | 0.18× | — | ||
| Q2 24 | 0.16× | — | ||
| 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 | $15.0M | $281.6M |
| 自由现金流经营现金流 - 资本支出 | $13.0M | $218.8M |
| 自由现金流率自由现金流/营收 | 1.1% | 20.2% |
| 资本支出强度资本支出/营收 | 0.2% | 5.8% |
| 现金转化率经营现金流/净利润 | — | 1.09× |
| 过去12个月自由现金流最近4个季度 | $15.8M | $450.4M |
8季度趋势，按日历期对齐
经营现金流KELYATER
| Q4 25 | — | $281.6M | ||
| Q3 25 | — | $49.0M | ||
| Q2 25 | — | $182.1M | ||
| Q1 25 | — | $161.6M | ||
| Q4 24 | $15.0M | $282.6M | ||
| Q3 24 | $-20.3M | $166.3M | ||
| Q2 24 | $57.7M | $216.1M | ||
| Q1 24 | $-25.5M | $7.3M |
自由现金流KELYATER
| Q4 25 | — | $218.8M | ||
| Q3 25 | — | $2.4M | ||
| Q2 25 | — | $131.7M | ||
| Q1 25 | — | $97.6M | ||
| Q4 24 | $13.0M | $225.2M | ||
| Q3 24 | $-22.7M | $114.4M | ||
| Q2 24 | $54.7M | $171.2M | ||
| Q1 24 | $-29.2M | $-36.7M |
自由现金流率KELYATER
| Q4 25 | — | 20.2% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 20.2% | ||
| Q1 25 | — | 14.2% | ||
| Q4 24 | 1.1% | 29.9% | ||
| Q3 24 | -2.2% | 15.5% | ||
| Q2 24 | 5.2% | 23.5% | ||
| Q1 24 | -2.8% | -6.1% |
资本支出强度KELYATER
| Q4 25 | — | 5.8% | ||
| Q3 25 | — | 6.1% | ||
| Q2 25 | — | 7.7% | ||
| Q1 25 | — | 9.3% | ||
| Q4 24 | 0.2% | 7.6% | ||
| Q3 24 | 0.2% | 7.0% | ||
| Q2 24 | 0.3% | 6.1% | ||
| Q1 24 | 0.4% | 7.3% |
现金转化率KELYATER
| Q4 25 | — | 1.09× | ||
| Q3 25 | — | 0.41× | ||
| Q2 25 | — | 2.32× | ||
| Q1 25 | — | 1.63× | ||
| Q4 24 | — | 1.93× | ||
| Q3 24 | -25.38× | 1.14× | ||
| Q2 24 | 12.54× | 1.16× | ||
| Q1 24 | -0.99× | 0.11× |
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
KELYA
| Science Engineering Technology | $295.8M | 25% |
| Education | $293.1M | 25% |
| Staffing Services | $237.7M | 20% |
| Other | $138.8M | 12% |
| Talent Solutions | $120.5M | 10% |
| Outcome Based Services | $103.6M | 9% |
| Permanent Placement | $1.6M | 0% |
TER
| Soc | $646.5M | 60% |
| Memory | $206.5M | 19% |
| Transferred At Point In Time | $90.0M | 8% |
| Universal Robots | $89.4M | 8% |
| IST | $30.5M | 3% |
| Transferred Over Time | $20.5M | 2% |
