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Matador Resources Co（MTDR）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Matador Resources Co的1.5倍（$1.2B vs $809.5M），TRINET GROUP, INC.同比增速更快（-2.2% vs -17.2%），TRINET GROUP, INC.自由现金流更多（$43.0M vs $8.1M），过去两年Matador Resources Co的营收复合增速更高（1.5% vs -0.6%）
Matador Resources Co是一家独立能源企业，主营石油、天然气及天然气凝液的勘探、开发、生产与收购业务，核心运营区域分布在美国多个主要陆上资源盆地，产品主要供应北美能源市场。
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。
MTDR vs TNET — 直观对比
营收规模更大
TNET
是对方的1.5倍
$809.5M
营收增速更快
TNET
高出15.1%
-17.2%
自由现金流更多
TNET
多$34.9M
$8.1M
两年增速更快
MTDR
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $809.5M | $1.2B |
| 净利润 | $192.5M | — |
| 毛利率 | — | — |
| 营业利润率 | 30.0% | 0.1% |
| 净利率 | 23.8% | — |
| 营收同比 | -17.2% | -2.2% |
| 净利润同比 | -10.2% | — |
| 每股收益（稀释后） | $1.54 | $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MTDRTNET
| Q4 25 | $809.5M | $1.2B | ||
| Q3 25 | $915.1M | $1.2B | ||
| Q2 25 | $925.7M | $1.2B | ||
| Q1 25 | $1.0B | $1.3B | ||
| Q4 24 | $978.3M | $1.3B | ||
| Q3 24 | $860.1M | $1.2B | ||
| Q2 24 | $855.2M | $1.2B | ||
| Q1 24 | $785.3M | $1.3B |
净利润MTDRTNET
| Q4 25 | $192.5M | — | ||
| Q3 25 | $176.4M | $34.0M | ||
| Q2 25 | $150.2M | $37.0M | ||
| Q1 25 | $240.1M | $85.0M | ||
| Q4 24 | $214.5M | — | ||
| Q3 24 | $248.3M | $45.0M | ||
| Q2 24 | $228.8M | $60.0M | ||
| Q1 24 | $193.7M | $91.0M |
营业利润率MTDRTNET
| Q4 25 | 30.0% | 0.1% | ||
| Q3 25 | 33.4% | 4.1% | ||
| Q2 25 | 31.2% | 4.1% | ||
| Q1 25 | 38.7% | 8.9% | ||
| Q4 24 | 36.8% | -2.9% | ||
| Q3 24 | 45.6% | 4.7% | ||
| Q2 24 | 42.5% | 6.5% | ||
| Q1 24 | 40.6% | 9.7% |
净利率MTDRTNET
| Q4 25 | 23.8% | — | ||
| Q3 25 | 19.3% | 2.8% | ||
| Q2 25 | 16.2% | 3.0% | ||
| Q1 25 | 23.9% | 6.6% | ||
| Q4 24 | 21.9% | — | ||
| Q3 24 | 28.9% | 3.6% | ||
| Q2 24 | 26.8% | 4.9% | ||
| Q1 24 | 24.7% | 7.2% |
每股收益（稀释后）MTDRTNET
| Q4 25 | $1.54 | $0.02 | ||
| Q3 25 | $1.42 | $0.70 | ||
| Q2 25 | $1.21 | $0.77 | ||
| Q1 25 | $1.92 | $1.71 | ||
| Q4 24 | $1.71 | $-0.44 | ||
| Q3 24 | $1.99 | $0.89 | ||
| Q2 24 | $1.83 | $1.20 | ||
| Q1 24 | $1.61 | $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 | $15.3M | $287.0M |
| 总债务越低越好 | $3.4B | — |
| 股东权益账面价值 | $5.7B | $54.0M |
| 总资产 | $11.7B | $3.8B |
| 负债/权益比越低杠杆越低 | 0.60× | — |
8季度趋势，按日历期对齐
现金及短期投资MTDRTNET
| Q4 25 | $15.3M | $287.0M | ||
| Q3 25 | $20.1M | $321.0M | ||
| Q2 25 | $10.5M | $407.0M | ||
| Q1 25 | $14.5M | $349.0M | ||
| Q4 24 | $23.0M | $360.0M | ||
| Q3 24 | $23.3M | $301.0M | ||
| Q2 24 | $15.2M | $249.0M | ||
| Q1 24 | $23.2M | $383.0M |
总债务MTDRTNET
| Q4 25 | $3.4B | — | ||
| Q3 25 | $3.2B | — | ||
| Q2 25 | $3.3B | — | ||
| Q1 25 | $3.2B | — | ||
| Q4 24 | $3.3B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益MTDRTNET
| Q4 25 | $5.7B | $54.0M | ||
| Q3 25 | $5.5B | $110.0M | ||
| Q2 25 | $5.4B | $107.0M | ||
| Q1 25 | $5.3B | $63.0M | ||
| Q4 24 | $5.1B | $69.0M | ||
| Q3 24 | $4.9B | $129.0M | ||
| Q2 24 | $4.6B | $100.0M | ||
| Q1 24 | $4.4B | $143.0M |
总资产MTDRTNET
| Q4 25 | $11.7B | $3.8B | ||
| Q3 25 | $11.6B | $3.4B | ||
| Q2 25 | $11.3B | $3.7B | ||
| Q1 25 | $11.1B | $3.8B | ||
| Q4 24 | $10.9B | $4.1B | ||
| Q3 24 | $10.6B | $3.7B | ||
| Q2 24 | $8.5B | $3.7B | ||
| Q1 24 | $8.2B | $4.0B |
负债/权益比MTDRTNET
| Q4 25 | 0.60× | — | ||
| Q3 25 | 0.58× | — | ||
| Q2 25 | 0.61× | — | ||
| Q1 25 | 0.60× | — | ||
| Q4 24 | 0.65× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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 | $474.4M | $61.0M |
| 自由现金流经营现金流 - 资本支出 | $8.1M | $43.0M |
| 自由现金流率自由现金流/营收 | 1.0% | 3.4% |
| 资本支出强度资本支出/营收 | 57.6% | 1.4% |
| 现金转化率经营现金流/净利润 | 2.46× | — |
| 过去12个月自由现金流最近4个季度 | $269.6M | $234.0M |
8季度趋势，按日历期对齐
经营现金流MTDRTNET
| Q4 25 | $474.4M | $61.0M | ||
| Q3 25 | $721.7M | $72.0M | ||
| Q2 25 | $501.0M | $75.0M | ||
| Q1 25 | $727.9M | $95.0M | ||
| Q4 24 | $575.0M | $65.0M | ||
| Q3 24 | $610.4M | $84.0M | ||
| Q2 24 | $592.9M | $39.0M | ||
| Q1 24 | $468.6M | $91.0M |
自由现金流MTDRTNET
| Q4 25 | $8.1M | $43.0M | ||
| Q3 25 | $78.3M | $55.0M | ||
| Q2 25 | $9.6M | $57.0M | ||
| Q1 25 | $173.6M | $79.0M | ||
| Q4 24 | $45.2M | $47.0M | ||
| Q3 24 | $-1.6B | $59.0M | ||
| Q2 24 | $69.0M | $22.0M | ||
| Q1 24 | $-170.0M | $73.0M |
自由现金流率MTDRTNET
| Q4 25 | 1.0% | 3.4% | ||
| Q3 25 | 8.6% | 4.5% | ||
| Q2 25 | 1.0% | 4.6% | ||
| Q1 25 | 17.3% | 6.1% | ||
| Q4 24 | 4.6% | 3.7% | ||
| Q3 24 | -186.5% | 4.8% | ||
| Q2 24 | 8.1% | 1.8% | ||
| Q1 24 | -21.6% | 5.8% |
资本支出强度MTDRTNET
| Q4 25 | 57.6% | 1.4% | ||
| Q3 25 | 70.3% | 1.4% | ||
| Q2 25 | 53.1% | 1.5% | ||
| Q1 25 | 55.1% | 1.2% | ||
| Q4 24 | 54.2% | 1.4% | ||
| Q3 24 | 257.4% | 2.0% | ||
| Q2 24 | 61.3% | 1.4% | ||
| Q1 24 | 81.3% | 1.4% |
现金转化率MTDRTNET
| Q4 25 | 2.46× | — | ||
| Q3 25 | 4.09× | 2.12× | ||
| Q2 25 | 3.34× | 2.03× | ||
| Q1 25 | 3.03× | 1.12× | ||
| Q4 24 | 2.68× | — | ||
| Q3 24 | 2.46× | 1.87× | ||
| Q2 24 | 2.59× | 0.65× | ||
| Q1 24 | 2.42× | 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
MTDR
| Oil And Gas | $702.8M | 87% |
| Natural Gas Sales | $61.3M | 8% |
| Natural Gas Midstream | $45.4M | 6% |
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
