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KeyCorp（KEY）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
KeyCorp的季度营收约是TRINET GROUP, INC.的1.6倍（$2.0B vs $1.2B），KeyCorp同比增速更快（131.8% vs -2.2%），KeyCorp自由现金流更多（$2.1B vs $43.0M），过去两年KeyCorp的营收复合增速更高（14.4% vs -0.6%）
Key是日本知名视觉小说工作室，1998年7月21日作为发行商Visual Arts旗下品牌成立，总部位于大阪市北区。工作室主打剧情向作品，擅长创作情感饱满、情节跌宕的戏剧类内容，旗下多款作品深受全球ACG爱好者喜爱。
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。
KEY vs TNET — 直观对比
营收规模更大
KEY
是对方的1.6倍
$1.2B
营收增速更快
KEY
高出134.0%
-2.2%
自由现金流更多
KEY
多$2.1B
$43.0M
两年增速更快
KEY
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.2B |
| 净利润 | $510.0M | — |
| 毛利率 | — | — |
| 营业利润率 | 32.3% | 0.1% |
| 净利率 | 25.4% | — |
| 营收同比 | 131.8% | -2.2% |
| 净利润同比 | 309.0% | — |
| 每股收益（稀释后） | $0.43 | $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KEYTNET
| Q4 25 | $2.0B | $1.2B | ||
| Q3 25 | $1.9B | $1.2B | ||
| Q2 25 | $1.8B | $1.2B | ||
| Q1 25 | $1.8B | $1.3B | ||
| Q4 24 | $865.0M | $1.3B | ||
| Q3 24 | $695.0M | $1.2B | ||
| Q2 24 | $1.5B | $1.2B | ||
| Q1 24 | $1.5B | $1.3B |
净利润KEYTNET
| Q4 25 | $510.0M | — | ||
| Q3 25 | $489.0M | $34.0M | ||
| Q2 25 | $425.0M | $37.0M | ||
| Q1 25 | $405.0M | $85.0M | ||
| Q4 24 | $-244.0M | — | ||
| Q3 24 | $-410.0M | $45.0M | ||
| Q2 24 | $274.0M | $60.0M | ||
| Q1 24 | $219.0M | $91.0M |
营业利润率KEYTNET
| Q4 25 | 32.3% | 0.1% | ||
| Q3 25 | 31.8% | 4.1% | ||
| Q2 25 | 29.3% | 4.1% | ||
| Q1 25 | 29.0% | 8.9% | ||
| Q4 24 | -92.6% | -2.9% | ||
| Q3 24 | -72.8% | 4.7% | ||
| Q2 24 | 22.0% | 6.5% | ||
| Q1 24 | 18.1% | 9.7% |
净利率KEYTNET
| Q4 25 | 25.4% | — | ||
| Q3 25 | 25.8% | 2.8% | ||
| Q2 25 | 23.1% | 3.0% | ||
| Q1 25 | 22.8% | 6.6% | ||
| Q4 24 | -54.7% | — | ||
| Q3 24 | -59.0% | 3.6% | ||
| Q2 24 | 18.0% | 4.9% | ||
| Q1 24 | 14.3% | 7.2% |
每股收益（稀释后）KEYTNET
| Q4 25 | $0.43 | $0.02 | ||
| Q3 25 | $0.41 | $0.70 | ||
| Q2 25 | $0.35 | $0.77 | ||
| Q1 25 | $0.33 | $1.71 | ||
| Q4 24 | $-0.30 | $-0.44 | ||
| Q3 24 | $-0.47 | $0.89 | ||
| Q2 24 | $0.25 | $1.20 | ||
| Q1 24 | $0.20 | $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 | $10.2B | $287.0M |
| 总债务越低越好 | $9.9B | — |
| 股东权益账面价值 | $20.4B | $54.0M |
| 总资产 | $184.4B | $3.8B |
| 负债/权益比越低杠杆越低 | 0.49× | — |
8季度趋势，按日历期对齐
现金及短期投资KEYTNET
| Q4 25 | $10.2B | $287.0M | ||
| Q3 25 | $13.3B | $321.0M | ||
| Q2 25 | $11.6B | $407.0M | ||
| Q1 25 | $15.3B | $349.0M | ||
| Q4 24 | $17.5B | $360.0M | ||
| Q3 24 | $22.8B | $301.0M | ||
| Q2 24 | $15.5B | $249.0M | ||
| Q1 24 | $13.2B | $383.0M |
总债务KEYTNET
| Q4 25 | $9.9B | — | ||
| Q3 25 | $10.9B | — | ||
| Q2 25 | $12.1B | — | ||
| Q1 25 | $12.4B | — | ||
| Q4 24 | $12.1B | — | ||
| Q3 24 | $15.7B | — | ||
| Q2 24 | $16.9B | — | ||
| Q1 24 | $20.8B | — |
股东权益KEYTNET
| Q4 25 | $20.4B | $54.0M | ||
| Q3 25 | $20.1B | $110.0M | ||
| Q2 25 | $19.5B | $107.0M | ||
| Q1 25 | $19.0B | $63.0M | ||
| Q4 24 | $18.2B | $69.0M | ||
| Q3 24 | $16.9B | $129.0M | ||
| Q2 24 | $14.8B | $100.0M | ||
| Q1 24 | $14.5B | $143.0M |
总资产KEYTNET
| Q4 25 | $184.4B | $3.8B | ||
| Q3 25 | $187.4B | $3.4B | ||
| Q2 25 | $185.5B | $3.7B | ||
| Q1 25 | $188.7B | $3.8B | ||
| Q4 24 | $187.2B | $4.1B | ||
| Q3 24 | $189.8B | $3.7B | ||
| Q2 24 | $187.4B | $3.7B | ||
| Q1 24 | $187.5B | $4.0B |
负债/权益比KEYTNET
| Q4 25 | 0.49× | — | ||
| Q3 25 | 0.54× | — | ||
| Q2 25 | 0.62× | — | ||
| Q1 25 | 0.65× | — | ||
| Q4 24 | 0.67× | — | ||
| Q3 24 | 0.93× | — | ||
| Q2 24 | 1.14× | — | ||
| Q1 24 | 1.43× | — |
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 | $2.2B | $61.0M |
| 自由现金流经营现金流 - 资本支出 | $2.1B | $43.0M |
| 自由现金流率自由现金流/营收 | 104.8% | 3.4% |
| 资本支出强度资本支出/营收 | 5.3% | 1.4% |
| 现金转化率经营现金流/净利润 | 4.33× | — |
| 过去12个月自由现金流最近4个季度 | $3.5B | $234.0M |
8季度趋势，按日历期对齐
经营现金流KEYTNET
| Q4 25 | $2.2B | $61.0M | ||
| Q3 25 | $396.0M | $72.0M | ||
| Q2 25 | $1.2B | $75.0M | ||
| Q1 25 | $-140.0M | $95.0M | ||
| Q4 24 | $664.0M | $65.0M | ||
| Q3 24 | $-1.2B | $84.0M | ||
| Q2 24 | $-217.0M | $39.0M | ||
| Q1 24 | $359.0M | $91.0M |
自由现金流KEYTNET
| Q4 25 | $2.1B | $43.0M | ||
| Q3 25 | $367.0M | $55.0M | ||
| Q2 25 | $1.2B | $57.0M | ||
| Q1 25 | $-150.0M | $79.0M | ||
| Q4 24 | $599.0M | $47.0M | ||
| Q3 24 | $-1.2B | $59.0M | ||
| Q2 24 | $-230.0M | $22.0M | ||
| Q1 24 | $347.0M | $73.0M |
自由现金流率KEYTNET
| Q4 25 | 104.8% | 3.4% | ||
| Q3 25 | 19.4% | 4.5% | ||
| Q2 25 | 65.8% | 4.6% | ||
| Q1 25 | -8.5% | 6.1% | ||
| Q4 24 | 69.2% | 3.7% | ||
| Q3 24 | -175.8% | 4.8% | ||
| Q2 24 | -15.1% | 1.8% | ||
| Q1 24 | 22.6% | 5.8% |
资本支出强度KEYTNET
| Q4 25 | 5.3% | 1.4% | ||
| Q3 25 | 1.5% | 1.4% | ||
| Q2 25 | 1.3% | 1.5% | ||
| Q1 25 | 0.6% | 1.2% | ||
| Q4 24 | 7.5% | 1.4% | ||
| Q3 24 | 2.4% | 2.0% | ||
| Q2 24 | 0.9% | 1.4% | ||
| Q1 24 | 0.8% | 1.4% |
现金转化率KEYTNET
| Q4 25 | 4.33× | — | ||
| Q3 25 | 0.81× | 2.12× | ||
| Q2 25 | 2.90× | 2.03× | ||
| Q1 25 | -0.35× | 1.12× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.87× | ||
| Q2 24 | -0.79× | 0.65× | ||
| Q1 24 | 1.64× | 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
KEY
暂无分部数据
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
