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Pool Corporation（POOL）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Pool Corporation的1.1倍（$1.2B vs $1.1B），Pool Corporation同比增速更快（6.2% vs -2.2%），过去两年TRINET GROUP, INC.的营收复合增速更高（-0.6% vs -19.8%）
Pool Corporation（简称POOLCORP）是全球最大的游泳池用品、设备及机械分销商，注册地为美国特拉华州，总部位于路易斯安那州卡温顿。公司在北美、欧洲、澳大利亚运营439个销售中心，服务约12.5万客户，过半收入来自美国加州、得州、佛罗里达及亚利桑那市场，受益于人口向温暖气候区迁移的趋势。
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。
POOL vs TNET — 直观对比
营收规模更大
TNET
是对方的1.1倍
$1.1B
营收增速更快
POOL
高出8.4%
-2.2%
两年增速更快
TNET
近两年复合增速
-19.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.2B |
| 净利润 | $53.2M | — |
| 毛利率 | 29.0% | — |
| 营业利润率 | 7.3% | 0.1% |
| 净利率 | 4.7% | — |
| 营收同比 | 6.2% | -2.2% |
| 净利润同比 | -0.6% | — |
| 每股收益（稀释后） | $1.45 | $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POOLTNET
| Q1 26 | $1.1B | — | ||
| Q4 25 | $982.2M | $1.2B | ||
| Q3 25 | $1.5B | $1.2B | ||
| Q2 25 | $1.8B | $1.2B | ||
| Q1 25 | $1.1B | $1.3B | ||
| Q4 24 | $987.5M | $1.3B | ||
| Q3 24 | $1.4B | $1.2B | ||
| Q2 24 | $1.8B | $1.2B |
净利润POOLTNET
| Q1 26 | $53.2M | — | ||
| Q4 25 | $31.6M | — | ||
| Q3 25 | $127.0M | $34.0M | ||
| Q2 25 | $194.3M | $37.0M | ||
| Q1 25 | $53.5M | $85.0M | ||
| Q4 24 | $37.3M | — | ||
| Q3 24 | $125.7M | $45.0M | ||
| Q2 24 | $192.4M | $60.0M |
毛利率POOLTNET
| Q1 26 | 29.0% | — | ||
| Q4 25 | 30.1% | — | ||
| Q3 25 | 29.6% | — | ||
| Q2 25 | 30.0% | — | ||
| Q1 25 | 29.2% | — | ||
| Q4 24 | 29.4% | — | ||
| Q3 24 | 29.1% | — | ||
| Q2 24 | 30.0% | — |
营业利润率POOLTNET
| Q1 26 | 7.3% | — | ||
| Q4 25 | 5.3% | 0.1% | ||
| Q3 25 | 12.3% | 4.1% | ||
| Q2 25 | 15.3% | 4.1% | ||
| Q1 25 | 7.2% | 8.9% | ||
| Q4 24 | 6.1% | -2.9% | ||
| Q3 24 | 12.3% | 4.7% | ||
| Q2 24 | 15.3% | 6.5% |
净利率POOLTNET
| Q1 26 | 4.7% | — | ||
| Q4 25 | 3.2% | — | ||
| Q3 25 | 8.8% | 2.8% | ||
| Q2 25 | 10.9% | 3.0% | ||
| Q1 25 | 5.0% | 6.6% | ||
| Q4 24 | 3.8% | — | ||
| Q3 24 | 8.8% | 3.6% | ||
| Q2 24 | 10.9% | 4.9% |
每股收益（稀释后）POOLTNET
| Q1 26 | $1.45 | — | ||
| Q4 25 | $0.86 | $0.02 | ||
| Q3 25 | $3.40 | $0.70 | ||
| Q2 25 | $5.17 | $0.77 | ||
| Q1 25 | $1.42 | $1.71 | ||
| Q4 24 | $1.00 | $-0.44 | ||
| Q3 24 | $3.27 | $0.89 | ||
| Q2 24 | $4.99 | $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 | $64.5M | $287.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $54.0M |
| 总资产 | $4.0B | $3.8B |
| 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POOLTNET
| Q1 26 | $64.5M | — | ||
| Q4 25 | — | $287.0M | ||
| Q3 25 | — | $321.0M | ||
| Q2 25 | — | $407.0M | ||
| Q1 25 | — | $349.0M | ||
| Q4 24 | — | $360.0M | ||
| Q3 24 | — | $301.0M | ||
| Q2 24 | — | $249.0M |
总债务POOLTNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $968.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $879.1M | — | ||
| Q2 24 | $1.1B | — |
股东权益POOLTNET
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $54.0M | ||
| Q3 25 | $1.4B | $110.0M | ||
| Q2 25 | $1.3B | $107.0M | ||
| Q1 25 | $1.2B | $63.0M | ||
| Q4 24 | $1.3B | $69.0M | ||
| Q3 24 | $1.4B | $129.0M | ||
| Q2 24 | $1.4B | $100.0M |
总资产POOLTNET
| Q1 26 | $4.0B | — | ||
| Q4 25 | $3.6B | $3.8B | ||
| Q3 25 | $3.5B | $3.4B | ||
| Q2 25 | $3.7B | $3.7B | ||
| Q1 25 | $3.7B | $3.8B | ||
| Q4 24 | $3.4B | $4.1B | ||
| Q3 24 | $3.4B | $3.7B | ||
| Q2 24 | $3.6B | $3.7B |
负债/权益比POOLTNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.76× | — | ||
| Q2 25 | 0.93× | — | ||
| Q1 25 | 0.78× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.61× | — | ||
| Q2 24 | 0.75× | — |
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 | $25.7M | $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 | 0.48× | — |
| 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POOLTNET
| Q1 26 | $25.7M | — | ||
| Q4 25 | $80.1M | $61.0M | ||
| Q3 25 | $287.3M | $72.0M | ||
| Q2 25 | $-28.8M | $75.0M | ||
| Q1 25 | $27.2M | $95.0M | ||
| Q4 24 | $170.6M | $65.0M | ||
| Q3 24 | $316.5M | $84.0M | ||
| Q2 24 | $26.7M | $39.0M |
自由现金流POOLTNET
| Q1 26 | — | — | ||
| Q4 25 | $71.9M | $43.0M | ||
| Q3 25 | $266.6M | $55.0M | ||
| Q2 25 | $-42.9M | $57.0M | ||
| Q1 25 | $13.9M | $79.0M | ||
| Q4 24 | $157.0M | $47.0M | ||
| Q3 24 | $305.5M | $59.0M | ||
| Q2 24 | $8.8M | $22.0M |
自由现金流率POOLTNET
| Q1 26 | — | — | ||
| Q4 25 | 7.3% | 3.4% | ||
| Q3 25 | 18.4% | 4.5% | ||
| Q2 25 | -2.4% | 4.6% | ||
| Q1 25 | 1.3% | 6.1% | ||
| Q4 24 | 15.9% | 3.7% | ||
| Q3 24 | 21.3% | 4.8% | ||
| Q2 24 | 0.5% | 1.8% |
资本支出强度POOLTNET
| Q1 26 | — | — | ||
| Q4 25 | 0.8% | 1.4% | ||
| Q3 25 | 1.4% | 1.4% | ||
| Q2 25 | 0.8% | 1.5% | ||
| Q1 25 | 1.2% | 1.2% | ||
| Q4 24 | 1.4% | 1.4% | ||
| Q3 24 | 0.8% | 2.0% | ||
| Q2 24 | 1.0% | 1.4% |
现金转化率POOLTNET
| Q1 26 | 0.48× | — | ||
| Q4 25 | 2.54× | — | ||
| Q3 25 | 2.26× | 2.12× | ||
| Q2 25 | -0.15× | 2.03× | ||
| Q1 25 | 0.51× | 1.12× | ||
| Q4 24 | 4.57× | — | ||
| Q3 24 | 2.52× | 1.87× | ||
| Q2 24 | 0.14× | 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
POOL
暂无分部数据
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
