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新闻集团（NWSA）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
新闻集团的季度营收约是TRINET GROUP, INC.的1.9倍（$2.4B vs $1.2B），新闻集团同比增速更快（5.5% vs -2.2%），新闻集团自由现金流更多（$132.0M vs $43.0M），过去两年TRINET GROUP, INC.的营收复合增速更高（-0.6% vs -1.3%）
新闻集团是全球知名的媒体集团，旗下拥有报纸、出版、数字媒体等多项媒体业务，在全球传媒领域拥有广泛影响力，专注于为受众提供及时多元的时事资讯与内容服务。
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。
NWSA vs TNET — 直观对比
营收规模更大
NWSA
是对方的1.9倍
$1.2B
营收增速更快
NWSA
高出7.7%
-2.2%
自由现金流更多
NWSA
多$89.0M
$43.0M
两年增速更快
TNET
近两年复合增速
-1.3%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $1.2B |
| 净利润 | $193.0M | — |
| 毛利率 | — | — |
| 营业利润率 | — | 0.1% |
| 净利率 | 8.2% | — |
| 营收同比 | 5.5% | -2.2% |
| 净利润同比 | -10.2% | — |
| 每股收益（稀释后） | $0.34 | $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NWSATNET
| Q4 25 | $2.4B | $1.2B | ||
| Q3 25 | $2.1B | $1.2B | ||
| Q2 25 | $1.6B | $1.2B | ||
| Q1 25 | $2.0B | $1.3B | ||
| Q4 24 | $2.2B | $1.3B | ||
| Q3 24 | $2.6B | $1.2B | ||
| Q2 24 | $2.6B | $1.2B | ||
| Q1 24 | $2.4B | $1.3B |
净利润NWSATNET
| Q4 25 | $193.0M | — | ||
| Q3 25 | $112.0M | $34.0M | ||
| Q2 25 | $743.0M | $37.0M | ||
| Q1 25 | $103.0M | $85.0M | ||
| Q4 24 | $215.0M | — | ||
| Q3 24 | $119.0M | $45.0M | ||
| Q2 24 | $50.0M | $60.0M | ||
| Q1 24 | $30.0M | $91.0M |
营业利润率NWSATNET
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 4.1% | ||
| Q2 25 | 8.5% | 4.1% | ||
| Q1 25 | 7.5% | 8.9% | ||
| Q4 24 | 19.2% | -2.9% | ||
| Q3 24 | 7.9% | 4.7% | ||
| Q2 24 | 4.3% | 6.5% | ||
| Q1 24 | 2.6% | 9.7% |
净利率NWSATNET
| Q4 25 | 8.2% | — | ||
| Q3 25 | 5.2% | 2.8% | ||
| Q2 25 | 45.6% | 3.0% | ||
| Q1 25 | 5.1% | 6.6% | ||
| Q4 24 | 9.6% | — | ||
| Q3 24 | 4.6% | 3.6% | ||
| Q2 24 | 1.9% | 4.9% | ||
| Q1 24 | 1.2% | 7.2% |
每股收益（稀释后）NWSATNET
| Q4 25 | $0.34 | $0.02 | ||
| Q3 25 | $0.20 | $0.70 | ||
| Q2 25 | $1.30 | $0.77 | ||
| Q1 25 | $0.18 | $1.71 | ||
| Q4 24 | $0.38 | $-0.44 | ||
| Q3 24 | $0.21 | $0.89 | ||
| Q2 24 | $0.09 | $1.20 | ||
| Q1 24 | $0.05 | $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 | $2.1B | $287.0M |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $8.8B | $54.0M |
| 总资产 | $15.5B | $3.8B |
| 负债/权益比越低杠杆越低 | 0.22× | — |
8季度趋势，按日历期对齐
现金及短期投资NWSATNET
| Q4 25 | $2.1B | $287.0M | ||
| Q3 25 | $2.2B | $321.0M | ||
| Q2 25 | $2.4B | $407.0M | ||
| Q1 25 | $2.1B | $349.0M | ||
| Q4 24 | $1.8B | $360.0M | ||
| Q3 24 | $1.8B | $301.0M | ||
| Q2 24 | $2.0B | $249.0M | ||
| Q1 24 | $1.9B | $383.0M |
总债务NWSATNET
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $2.9B | — | ||
| Q1 24 | $2.9B | — |
股东权益NWSATNET
| Q4 25 | $8.8B | $54.0M | ||
| Q3 25 | $8.7B | $110.0M | ||
| Q2 25 | $8.8B | $107.0M | ||
| Q1 25 | $8.2B | $63.0M | ||
| Q4 24 | $8.1B | $69.0M | ||
| Q3 24 | $8.3B | $129.0M | ||
| Q2 24 | $8.1B | $100.0M | ||
| Q1 24 | $8.1B | $143.0M |
总资产NWSATNET
| Q4 25 | $15.5B | $3.8B | ||
| Q3 25 | $15.3B | $3.4B | ||
| Q2 25 | $15.5B | $3.7B | ||
| Q1 25 | $16.6B | $3.8B | ||
| Q4 24 | $16.2B | $4.1B | ||
| Q3 24 | $16.9B | $3.7B | ||
| Q2 24 | $16.7B | $3.7B | ||
| Q1 24 | $16.5B | $4.0B |
负债/权益比NWSATNET
| Q4 25 | 0.22× | — | ||
| Q3 25 | 0.22× | — | ||
| Q2 25 | 0.22× | — | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.24× | — | ||
| Q3 24 | 0.35× | — | ||
| Q2 24 | 0.36× | — | ||
| Q1 24 | 0.36× | — |
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 | $231.0M | $61.0M |
| 自由现金流经营现金流 - 资本支出 | $132.0M | $43.0M |
| 自由现金流率自由现金流/营收 | 5.6% | 3.4% |
| 资本支出强度资本支出/营收 | 4.2% | 1.4% |
| 现金转化率经营现金流/净利润 | 1.20× | — |
| 过去12个月自由现金流最近4个季度 | $586.0M | $234.0M |
8季度趋势，按日历期对齐
经营现金流NWSATNET
| Q4 25 | $231.0M | $61.0M | ||
| Q3 25 | $85.0M | $72.0M | ||
| Q2 25 | $189.0M | $75.0M | ||
| Q1 25 | $511.0M | $95.0M | ||
| Q4 24 | $252.0M | $65.0M | ||
| Q3 24 | $64.0M | $84.0M | ||
| Q2 24 | $254.0M | $39.0M | ||
| Q1 24 | $539.0M | $91.0M |
自由现金流NWSATNET
| Q4 25 | $132.0M | $43.0M | ||
| Q3 25 | $4.0M | $55.0M | ||
| Q2 25 | $32.0M | $57.0M | ||
| Q1 25 | $418.0M | $79.0M | ||
| Q4 24 | $190.0M | $47.0M | ||
| Q3 24 | $-31.0M | $59.0M | ||
| Q2 24 | $111.0M | $22.0M | ||
| Q1 24 | $422.0M | $73.0M |
自由现金流率NWSATNET
| Q4 25 | 5.6% | 3.4% | ||
| Q3 25 | 0.2% | 4.5% | ||
| Q2 25 | 2.0% | 4.6% | ||
| Q1 25 | 20.8% | 6.1% | ||
| Q4 24 | 8.5% | 3.7% | ||
| Q3 24 | -1.2% | 4.8% | ||
| Q2 24 | 4.3% | 1.8% | ||
| Q1 24 | 17.4% | 5.8% |
资本支出强度NWSATNET
| Q4 25 | 4.2% | 1.4% | ||
| Q3 25 | 3.8% | 1.4% | ||
| Q2 25 | 9.6% | 1.5% | ||
| Q1 25 | 4.6% | 1.2% | ||
| Q4 24 | 2.8% | 1.4% | ||
| Q3 24 | 3.7% | 2.0% | ||
| Q2 24 | 5.5% | 1.4% | ||
| Q1 24 | 4.8% | 1.4% |
现金转化率NWSATNET
| Q4 25 | 1.20× | — | ||
| Q3 25 | 0.76× | 2.12× | ||
| Q2 25 | 0.25× | 2.03× | ||
| Q1 25 | 4.96× | 1.12× | ||
| Q4 24 | 1.17× | — | ||
| Q3 24 | 0.54× | 1.87× | ||
| Q2 24 | 5.08× | 0.65× | ||
| Q1 24 | 17.97× | 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
NWSA
| Book Publishing Segment | $633.0M | 27% |
| Consumer | $607.0M | 26% |
| News And Information Services Segment | $570.0M | 24% |
| Real Estate | $401.0M | 17% |
| Other Product Or Service | $173.0M | 7% |
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
