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INSPERITY, INC.（NSP）与TTEC Holdings, Inc.（TTEC）财务数据对比。点击上方公司名可切换其他公司
INSPERITY, INC.的季度营收约是TTEC Holdings, Inc.的2.9倍（$1.7B vs $570.0M）。INSPERITY, INC.同比增速更快（3.4% vs 0.4%）。INSPERITY, INC.自由现金流更多（$246.0M vs $-9.2M）。过去两年TTEC Holdings, Inc.的营收复合增速更高（-0.6% vs -3.8%）
Insperity（前身为Administaff）是总部位于美国得克萨斯州休斯顿金伍德区的专业雇主组织（PEO），专注为中小微企业提供人力资源及行政事务外包等相关服务。自2004年起，该企业长期担任冠军巡回赛职业高尔夫赛事的冠名赞助商。
TTEC Holdings, Inc.是一家提供客户体验技术与服务的美国企业，总部运营中心位于得克萨斯州奥斯汀，专注为各行业客户打造全链路客户体验解决方案，凭借专业技术与服务能力深耕全球客户体验服务领域多年。
NSP vs TTEC — 直观对比
营收规模更大
NSP
是对方的2.9倍
$570.0M
营收增速更快
NSP
高出3.0%
0.4%
自由现金流更多
NSP
多$255.2M
$-9.2M
两年增速更快
TTEC
近两年复合增速
-3.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $570.0M |
| 净利润 | — | $-170.5M |
| 毛利率 | 10.3% | — |
| 营业利润率 | -2.8% | -30.3% |
| 净利率 | — | -29.9% |
| 营收同比 | 3.4% | 0.4% |
| 净利润同比 | — | -3791.9% |
| 每股收益（稀释后） | $-0.87 | $-3.57 |
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NSPTTEC
| Q4 25 | $1.7B | $570.0M | ||
| Q3 25 | $1.6B | $519.1M | ||
| Q2 25 | $1.7B | $513.6M | ||
| Q1 25 | $1.9B | $534.2M | ||
| Q4 24 | $1.6B | $567.4M | ||
| Q3 24 | $1.6B | $529.4M | ||
| Q2 24 | $1.6B | $534.1M | ||
| Q1 24 | $1.8B | $576.6M |
净利润NSPTTEC
| Q4 25 | — | $-170.5M | ||
| Q3 25 | $-20.0M | $-13.4M | ||
| Q2 25 | $-5.0M | $-8.0M | ||
| Q1 25 | $51.0M | $1.4M | ||
| Q4 24 | — | $4.6M | ||
| Q3 24 | $3.0M | $-21.1M | ||
| Q2 24 | $18.0M | $-299.5M | ||
| Q1 24 | $79.0M | $-2.3M |
毛利率NSPTTEC
| Q4 25 | 10.3% | — | ||
| Q3 25 | 12.0% | — | ||
| Q2 25 | 13.4% | — | ||
| Q1 25 | 16.6% | — | ||
| Q4 24 | 13.5% | — | ||
| Q3 24 | 14.7% | — | ||
| Q2 24 | 16.2% | — | ||
| Q1 24 | 19.1% | — |
营业利润率NSPTTEC
| Q4 25 | -2.8% | -30.3% | ||
| Q3 25 | -1.5% | 2.4% | ||
| Q2 25 | -0.4% | 3.7% | ||
| Q1 25 | 3.7% | 4.5% | ||
| Q4 24 | -0.9% | 2.7% | ||
| Q3 24 | 0.1% | 2.4% | ||
| Q2 24 | 1.4% | -42.0% | ||
| Q1 24 | 6.0% | 3.9% |
净利率NSPTTEC
| Q4 25 | — | -29.9% | ||
| Q3 25 | -1.2% | -2.6% | ||
| Q2 25 | -0.3% | -1.6% | ||
| Q1 25 | 2.7% | 0.3% | ||
| Q4 24 | — | 0.8% | ||
| Q3 24 | 0.2% | -4.0% | ||
| Q2 24 | 1.1% | -56.1% | ||
| Q1 24 | 4.4% | -0.4% |
每股收益（稀释后）NSPTTEC
| Q4 25 | $-0.87 | $-3.57 | ||
| Q3 25 | $-0.53 | $-0.28 | ||
| Q2 25 | $-0.14 | $-0.17 | ||
| Q1 25 | $1.35 | $0.03 | ||
| Q4 24 | $-0.21 | $0.05 | ||
| Q3 24 | $0.07 | $-0.44 | ||
| Q2 24 | $0.48 | $-6.30 | ||
| Q1 24 | $2.08 | $-0.05 |
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 | $682.0M | $82.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $46.0M | $112.9M |
| 总资产 | $2.2B | $1.5B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资NSPTTEC
| Q4 25 | $682.0M | $82.9M | ||
| Q3 25 | $521.0M | $73.5M | ||
| Q2 25 | $511.0M | $82.6M | ||
| Q1 25 | $684.0M | $85.1M | ||
| Q4 24 | $1.2B | $85.0M | ||
| Q3 24 | $596.0M | $96.9M | ||
| Q2 24 | $850.0M | $79.8M | ||
| Q1 24 | $801.0M | $91.5M |
股东权益NSPTTEC
| Q4 25 | $46.0M | $112.9M | ||
| Q3 25 | $87.0M | $280.8M | ||
| Q2 25 | $112.0M | $295.2M | ||
| Q1 25 | $119.0M | $281.5M | ||
| Q4 24 | $97.0M | $268.1M | ||
| Q3 24 | $125.0M | $295.1M | ||
| Q2 24 | $142.0M | $304.2M | ||
| Q1 24 | $140.0M | $612.4M |
总资产NSPTTEC
| Q4 25 | $2.2B | $1.5B | ||
| Q3 25 | $2.0B | $1.7B | ||
| Q2 25 | $2.0B | $1.7B | ||
| Q1 25 | $2.1B | $1.7B | ||
| Q4 24 | $2.6B | $1.8B | ||
| Q3 24 | $1.9B | $1.8B | ||
| Q2 24 | $2.1B | $1.8B | ||
| Q1 24 | $2.1B | $2.1B |
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 | $255.0M | $2.6M |
| 自由现金流经营现金流 - 资本支出 | $246.0M | $-9.2M |
| 自由现金流率自由现金流/营收 | 14.7% | -1.6% |
| 资本支出强度资本支出/营收 | 0.5% | 2.1% |
| 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 | $-309.0M | $83.0M |
8季度趋势，按日历期对齐
经营现金流NSPTTEC
| Q4 25 | $255.0M | $2.6M | ||
| Q3 25 | $-11.0M | $4.2M | ||
| Q2 25 | $-79.0M | $92.7M | ||
| Q1 25 | $-443.0M | $21.6M | ||
| Q4 24 | $619.0M | $-1.1M | ||
| Q3 24 | $-150.0M | $-91.4M | ||
| Q2 24 | $20.0M | $49.3M | ||
| Q1 24 | $31.0M | $-15.6M |
自由现金流NSPTTEC
| Q4 25 | $246.0M | $-9.2M | ||
| Q3 25 | $-20.0M | $-9.6M | ||
| Q2 25 | $-86.0M | $85.5M | ||
| Q1 25 | $-449.0M | $16.2M | ||
| Q4 24 | $606.0M | $-9.8M | ||
| Q3 24 | $-164.0M | $-100.2M | ||
| Q2 24 | $14.0M | $35.1M | ||
| Q1 24 | $26.0M | $-29.1M |
自由现金流率NSPTTEC
| Q4 25 | 14.7% | -1.6% | ||
| Q3 25 | -1.2% | -1.8% | ||
| Q2 25 | -5.2% | 16.7% | ||
| Q1 25 | -24.1% | 3.0% | ||
| Q4 24 | 37.6% | -1.7% | ||
| Q3 24 | -10.5% | -18.9% | ||
| Q2 24 | 0.9% | 6.6% | ||
| Q1 24 | 1.4% | -5.0% |
资本支出强度NSPTTEC
| Q4 25 | 0.5% | 2.1% | ||
| Q3 25 | 0.6% | 2.7% | ||
| Q2 25 | 0.4% | 1.4% | ||
| Q1 25 | 0.3% | 1.0% | ||
| Q4 24 | 0.8% | 1.5% | ||
| Q3 24 | 0.9% | 1.7% | ||
| Q2 24 | 0.4% | 2.7% | ||
| Q1 24 | 0.3% | 2.3% |
现金转化率NSPTTEC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -8.69× | 15.60× | ||
| Q4 24 | — | -0.24× | ||
| Q3 24 | -50.00× | — | ||
| Q2 24 | 1.11× | — | ||
| Q1 24 | 0.39× | — |
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
NSP
| Northeast | $455.0M | 27% |
| West | $339.0M | 20% |
| Southwest | $317.0M | 19% |
| Central | $299.0M | 18% |
| Southeast | $241.0M | 14% |
| Other Revenues | $17.0M | 1% |
TTEC
| Ttec Engage | $444.5M | 78% |
| Ttec Digital | $125.5M | 22% |
