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味好美（MKC）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
味好美的季度营收约是TRINET GROUP, INC.的1.5倍（$1.9B vs $1.2B），味好美同比增速更快（2.9% vs -2.2%），过去两年味好美的营收复合增速更高（7.5% vs -0.6%）
味好美是美国知名食品企业，专业生产、营销并配送香辛料、复合调味料、调味酱及各类风味产品，客户覆盖零售终端、食品生产商及餐饮服务企业，是全球领先的风味产品供应商。
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。
MKC vs TNET — 直观对比
营收规模更大
MKC
是对方的1.5倍
$1.2B
营收增速更快
MKC
高出5.1%
-2.2%
两年增速更快
MKC
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.2B |
| 净利润 | $226.6M | — |
| 毛利率 | 38.9% | — |
| 营业利润率 | 16.8% | 0.1% |
| 净利率 | 12.2% | — |
| 营收同比 | 2.9% | -2.2% |
| 净利润同比 | 5.3% | — |
| 每股收益（稀释后） | $0.84 | $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MKCTNET
| Q4 25 | $1.9B | $1.2B | ||
| Q3 25 | $1.7B | $1.2B | ||
| Q2 25 | $1.7B | $1.2B | ||
| Q1 25 | $1.6B | $1.3B | ||
| Q4 24 | $1.8B | $1.3B | ||
| Q3 24 | $1.7B | $1.2B | ||
| Q2 24 | $1.6B | $1.2B | ||
| Q1 24 | $1.6B | $1.3B |
净利润MKCTNET
| Q4 25 | $226.6M | — | ||
| Q3 25 | $225.5M | $34.0M | ||
| Q2 25 | $175.0M | $37.0M | ||
| Q1 25 | $162.3M | $85.0M | ||
| Q4 24 | $215.2M | — | ||
| Q3 24 | $223.1M | $45.0M | ||
| Q2 24 | $184.2M | $60.0M | ||
| Q1 24 | $166.0M | $91.0M |
毛利率MKCTNET
| Q4 25 | 38.9% | — | ||
| Q3 25 | 37.4% | — | ||
| Q2 25 | 37.5% | — | ||
| Q1 25 | 37.6% | — | ||
| Q4 24 | 40.2% | — | ||
| Q3 24 | 38.7% | — | ||
| Q2 24 | 37.7% | — | ||
| Q1 24 | 37.4% | — |
营业利润率MKCTNET
| Q4 25 | 16.8% | 0.1% | ||
| Q3 25 | 16.7% | 4.1% | ||
| Q2 25 | 14.8% | 4.1% | ||
| Q1 25 | 14.0% | 8.9% | ||
| Q4 24 | 17.0% | -2.9% | ||
| Q3 24 | 17.1% | 4.7% | ||
| Q2 24 | 14.2% | 6.5% | ||
| Q1 24 | 14.6% | 9.7% |
净利率MKCTNET
| Q4 25 | 12.2% | — | ||
| Q3 25 | 13.1% | 2.8% | ||
| Q2 25 | 10.5% | 3.0% | ||
| Q1 25 | 10.1% | 6.6% | ||
| Q4 24 | 12.0% | — | ||
| Q3 24 | 13.3% | 3.6% | ||
| Q2 24 | 11.2% | 4.9% | ||
| Q1 24 | 10.4% | 7.2% |
每股收益（稀释后）MKCTNET
| Q4 25 | $0.84 | $0.02 | ||
| Q3 25 | $0.84 | $0.70 | ||
| Q2 25 | $0.65 | $0.77 | ||
| Q1 25 | $0.60 | $1.71 | ||
| Q4 24 | $0.79 | $-0.44 | ||
| Q3 24 | $0.83 | $0.89 | ||
| Q2 24 | $0.68 | $1.20 | ||
| Q1 24 | $0.62 | $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 | $95.9M | $287.0M |
| 总债务越低越好 | $3.6B | — |
| 股东权益账面价值 | $5.7B | $54.0M |
| 总资产 | $13.2B | $3.8B |
| 负债/权益比越低杠杆越低 | 0.63× | — |
8季度趋势，按日历期对齐
现金及短期投资MKCTNET
| Q4 25 | $95.9M | $287.0M | ||
| Q3 25 | $94.9M | $321.0M | ||
| Q2 25 | $124.1M | $407.0M | ||
| Q1 25 | $102.8M | $349.0M | ||
| Q4 24 | $186.1M | $360.0M | ||
| Q3 24 | $200.8M | $301.0M | ||
| Q2 24 | $166.3M | $249.0M | ||
| Q1 24 | $178.0M | $383.0M |
总债务MKCTNET
| Q4 25 | $3.6B | — | ||
| Q3 25 | $3.9B | — | ||
| Q2 25 | $3.9B | — | ||
| Q1 25 | $3.9B | — | ||
| Q4 24 | $3.9B | — | ||
| Q3 24 | $3.4B | — | ||
| Q2 24 | $4.1B | — | ||
| Q1 24 | $4.1B | — |
股东权益MKCTNET
| Q4 25 | $5.7B | $54.0M | ||
| Q3 25 | $5.8B | $110.0M | ||
| Q2 25 | $5.6B | $107.0M | ||
| Q1 25 | $5.4B | $63.0M | ||
| Q4 24 | $5.3B | $69.0M | ||
| Q3 24 | $5.4B | $129.0M | ||
| Q2 24 | $5.3B | $100.0M | ||
| Q1 24 | $5.2B | $143.0M |
总资产MKCTNET
| Q4 25 | $13.2B | $3.8B | ||
| Q3 25 | $13.2B | $3.4B | ||
| Q2 25 | $13.2B | $3.7B | ||
| Q1 25 | $12.9B | $3.8B | ||
| Q4 24 | $13.1B | $4.1B | ||
| Q3 24 | $13.2B | $3.7B | ||
| Q2 24 | $13.0B | $3.7B | ||
| Q1 24 | $12.9B | $4.0B |
负债/权益比MKCTNET
| Q4 25 | 0.63× | — | ||
| Q3 25 | 0.67× | — | ||
| Q2 25 | 0.69× | — | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | 0.73× | — | ||
| Q3 24 | 0.63× | — | ||
| Q2 24 | 0.77× | — | ||
| Q1 24 | 0.79× | — |
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 | $542.0M | $61.0M |
| 自由现金流经营现金流 - 资本支出 | — | $43.0M |
| 自由现金流率自由现金流/营收 | — | 3.4% |
| 资本支出强度资本支出/营收 | — | 1.4% |
| 现金转化率经营现金流/净利润 | 2.39× | — |
| 过去12个月自由现金流最近4个季度 | — | $234.0M |
8季度趋势，按日历期对齐
经营现金流MKCTNET
| Q4 25 | $542.0M | $61.0M | ||
| Q3 25 | $258.8M | $72.0M | ||
| Q2 25 | $45.9M | $75.0M | ||
| Q1 25 | $115.5M | $95.0M | ||
| Q4 24 | $458.7M | $65.0M | ||
| Q3 24 | $161.7M | $84.0M | ||
| Q2 24 | $163.1M | $39.0M | ||
| Q1 24 | $138.4M | $91.0M |
自由现金流MKCTNET
| Q4 25 | — | $43.0M | ||
| Q3 25 | $206.1M | $55.0M | ||
| Q2 25 | $-2.4M | $57.0M | ||
| Q1 25 | $78.4M | $79.0M | ||
| Q4 24 | — | $47.0M | ||
| Q3 24 | $102.7M | $59.0M | ||
| Q2 24 | $94.8M | $22.0M | ||
| Q1 24 | $76.4M | $73.0M |
自由现金流率MKCTNET
| Q4 25 | — | 3.4% | ||
| Q3 25 | 11.9% | 4.5% | ||
| Q2 25 | -0.1% | 4.6% | ||
| Q1 25 | 4.9% | 6.1% | ||
| Q4 24 | — | 3.7% | ||
| Q3 24 | 6.1% | 4.8% | ||
| Q2 24 | 5.8% | 1.8% | ||
| Q1 24 | 4.8% | 5.8% |
资本支出强度MKCTNET
| Q4 25 | — | 1.4% | ||
| Q3 25 | 3.1% | 1.4% | ||
| Q2 25 | 2.9% | 1.5% | ||
| Q1 25 | 2.3% | 1.2% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | 3.5% | 2.0% | ||
| Q2 24 | 4.2% | 1.4% | ||
| Q1 24 | 3.9% | 1.4% |
现金转化率MKCTNET
| Q4 25 | 2.39× | — | ||
| Q3 25 | 1.15× | 2.12× | ||
| Q2 25 | 0.26× | 2.03× | ||
| Q1 25 | 0.71× | 1.12× | ||
| Q4 24 | 2.13× | — | ||
| Q3 24 | 0.72× | 1.87× | ||
| Q2 24 | 0.89× | 0.65× | ||
| Q1 24 | 0.83× | 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
MKC
| Consumer | $1.1B | 61% |
| Flavor Solutions | $723.1M | 39% |
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
