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NEWMARKET CORP（NEU）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NEWMARKET CORP的1.9倍（$1.2B vs $669.7M），TRINET GROUP, INC.同比增速更快（-2.2% vs -4.5%），过去两年TRINET GROUP, INC.的营收复合增速更高（-0.6% vs -2.9%）
Newmarket Corporation是美国上市企业，主营业务服务于石油添加剂行业，总部位于弗吉尼亚州里士满，业务布局覆盖北美、拉美、欧洲、中东及亚太地区，其前身为1887年成立的阿尔伯马尔造纸制造公司。
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。
NEU vs TNET — 直观对比
营收规模更大
TNET
是对方的1.9倍
$669.7M
营收增速更快
TNET
高出2.3%
-4.5%
两年增速更快
TNET
近两年复合增速
-2.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $669.7M | $1.2B |
| 净利润 | $118.1M | — |
| 毛利率 | 33.0% | — |
| 营业利润率 | 21.4% | 0.1% |
| 净利率 | 17.6% | — |
| 营收同比 | -4.5% | -2.2% |
| 净利润同比 | -6.3% | — |
| 每股收益（稀释后） | $12.62 | $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NEUTNET
| Q1 26 | $669.7M | — | ||
| Q4 25 | $635.4M | $1.2B | ||
| Q3 25 | $690.3M | $1.2B | ||
| Q2 25 | $698.5M | $1.2B | ||
| Q1 25 | $700.9M | $1.3B | ||
| Q4 24 | $654.6M | $1.3B | ||
| Q3 24 | $724.9M | $1.2B | ||
| Q2 24 | $710.2M | $1.2B |
净利润NEUTNET
| Q1 26 | $118.1M | — | ||
| Q4 25 | $81.3M | — | ||
| Q3 25 | $100.3M | $34.0M | ||
| Q2 25 | $111.2M | $37.0M | ||
| Q1 25 | $125.9M | $85.0M | ||
| Q4 24 | $110.7M | — | ||
| Q3 24 | $132.3M | $45.0M | ||
| Q2 24 | $111.6M | $60.0M |
毛利率NEUTNET
| Q1 26 | 33.0% | — | ||
| Q4 25 | 30.0% | — | ||
| Q3 25 | 30.4% | — | ||
| Q2 25 | 31.6% | — | ||
| Q1 25 | 33.7% | — | ||
| Q4 24 | 31.7% | — | ||
| Q3 24 | 33.6% | — | ||
| Q2 24 | 30.8% | — |
营业利润率NEUTNET
| Q1 26 | 21.4% | — | ||
| Q4 25 | 17.3% | 0.1% | ||
| Q3 25 | 18.9% | 4.1% | ||
| Q2 25 | 20.5% | 4.1% | ||
| Q1 25 | 22.8% | 8.9% | ||
| Q4 24 | 20.3% | -2.9% | ||
| Q3 24 | 23.4% | 4.7% | ||
| Q2 24 | 20.7% | 6.5% |
净利率NEUTNET
| Q1 26 | 17.6% | — | ||
| Q4 25 | 12.8% | — | ||
| Q3 25 | 14.5% | 2.8% | ||
| Q2 25 | 15.9% | 3.0% | ||
| Q1 25 | 18.0% | 6.6% | ||
| Q4 24 | 16.9% | — | ||
| Q3 24 | 18.3% | 3.6% | ||
| Q2 24 | 15.7% | 4.9% |
每股收益（稀释后）NEUTNET
| Q1 26 | $12.62 | — | ||
| Q4 25 | $8.67 | $0.02 | ||
| Q3 25 | $10.67 | $0.70 | ||
| Q2 25 | $11.84 | $0.77 | ||
| Q1 25 | $13.26 | $1.71 | ||
| Q4 24 | $11.57 | $-0.44 | ||
| Q3 24 | $13.79 | $0.89 | ||
| Q2 24 | $11.63 | $1.20 |
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 | $73.2M | $287.0M |
| 总债务越低越好 | $939.6M | — |
| 股东权益账面价值 | $1.7B | $54.0M |
| 总资产 | $3.5B | $3.8B |
| 负债/权益比越低杠杆越低 | 0.54× | — |
8季度趋势，按日历期对齐
现金及短期投资NEUTNET
| Q1 26 | $73.2M | — | ||
| Q4 25 | $77.6M | $287.0M | ||
| Q3 25 | $102.5M | $321.0M | ||
| Q2 25 | $70.3M | $407.0M | ||
| Q1 25 | $118.3M | $349.0M | ||
| Q4 24 | $77.5M | $360.0M | ||
| Q3 24 | $80.3M | $301.0M | ||
| Q2 24 | $87.6M | $249.0M |
总债务NEUTNET
| Q1 26 | $939.6M | — | ||
| Q4 25 | $883.4M | — | ||
| Q3 25 | $783.1M | — | ||
| Q2 25 | $841.8M | — | ||
| Q1 25 | $990.6M | — | ||
| Q4 24 | $971.3M | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.2B | — |
股东权益NEUTNET
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.8B | $54.0M | ||
| Q3 25 | $1.7B | $110.0M | ||
| Q2 25 | $1.6B | $107.0M | ||
| Q1 25 | $1.5B | $63.0M | ||
| Q4 24 | $1.5B | $69.0M | ||
| Q3 24 | $1.4B | $129.0M | ||
| Q2 24 | $1.2B | $100.0M |
总资产NEUTNET
| Q1 26 | $3.5B | — | ||
| Q4 25 | $3.5B | $3.8B | ||
| Q3 25 | $3.2B | $3.4B | ||
| Q2 25 | $3.2B | $3.7B | ||
| Q1 25 | $3.2B | $3.8B | ||
| Q4 24 | $3.1B | $4.1B | ||
| Q3 24 | $3.2B | $3.7B | ||
| Q2 24 | $3.2B | $3.7B |
负债/权益比NEUTNET
| Q1 26 | 0.54× | — | ||
| Q4 25 | 0.50× | — | ||
| Q3 25 | 0.46× | — | ||
| Q2 25 | 0.52× | — | ||
| Q1 25 | 0.65× | — | ||
| Q4 24 | 0.66× | — | ||
| Q3 24 | 0.80× | — | ||
| Q2 24 | 0.95× | — |
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 | — | $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 | 3.6% | 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 | — | $234.0M |
8季度趋势，按日历期对齐
经营现金流NEUTNET
| Q1 26 | — | — | ||
| Q4 25 | $145.2M | $61.0M | ||
| Q3 25 | $142.4M | $72.0M | ||
| Q2 25 | $161.1M | $75.0M | ||
| Q1 25 | $120.3M | $95.0M | ||
| Q4 24 | $185.2M | $65.0M | ||
| Q3 24 | $116.6M | $84.0M | ||
| Q2 24 | $115.0M | $39.0M |
自由现金流NEUTNET
| Q1 26 | — | — | ||
| Q4 25 | $117.2M | $43.0M | ||
| Q3 25 | $122.1M | $55.0M | ||
| Q2 25 | $144.8M | $57.0M | ||
| Q1 25 | $107.3M | $79.0M | ||
| Q4 24 | $170.6M | $47.0M | ||
| Q3 24 | $102.4M | $59.0M | ||
| Q2 24 | $100.0M | $22.0M |
自由现金流率NEUTNET
| Q1 26 | — | — | ||
| Q4 25 | 18.4% | 3.4% | ||
| Q3 25 | 17.7% | 4.5% | ||
| Q2 25 | 20.7% | 4.6% | ||
| Q1 25 | 15.3% | 6.1% | ||
| Q4 24 | 26.1% | 3.7% | ||
| Q3 24 | 14.1% | 4.8% | ||
| Q2 24 | 14.1% | 1.8% |
资本支出强度NEUTNET
| Q1 26 | 3.6% | — | ||
| Q4 25 | 4.4% | 1.4% | ||
| Q3 25 | 2.9% | 1.4% | ||
| Q2 25 | 2.3% | 1.5% | ||
| Q1 25 | 1.9% | 1.2% | ||
| Q4 24 | 2.2% | 1.4% | ||
| Q3 24 | 2.0% | 2.0% | ||
| Q2 24 | 2.1% | 1.4% |
现金转化率NEUTNET
| Q1 26 | — | — | ||
| Q4 25 | 1.79× | — | ||
| Q3 25 | 1.42× | 2.12× | ||
| Q2 25 | 1.45× | 2.03× | ||
| Q1 25 | 0.96× | 1.12× | ||
| Q4 24 | 1.67× | — | ||
| Q3 24 | 0.88× | 1.87× | ||
| Q2 24 | 1.03× | 0.65× |
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
NEU
暂无分部数据
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
