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PORTLAND GENERAL ELECTRIC CO（POR）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PORTLAND GENERAL ELECTRIC CO的1.4倍（$1.2B vs $889.0M），PORTLAND GENERAL ELECTRIC CO同比增速更快（7.9% vs -2.2%），TRINET GROUP, INC.自由现金流更多（$43.0M vs $-142.0M），过去两年TRINET GROUP, INC.的营收复合增速更高（-0.6% vs -2.2%）
波特兰通用电气（简称PGE）是财富1000强上市能源企业，总部位于美国俄勒冈州波特兰，业务覆盖发电、输电、配电全链路，为俄勒冈州近三分之二的工商业活动提供电力服务，受俄勒冈州公用事业委员会监管，前身为1888年成立的威拉米特瀑布电气公司。
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。
POR vs TNET — 直观对比
营收规模更大
TNET
是对方的1.4倍
$889.0M
营收增速更快
POR
高出10.1%
-2.2%
自由现金流更多
TNET
多$185.0M
$-142.0M
两年增速更快
TNET
近两年复合增速
-2.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $889.0M | $1.2B |
| 净利润 | $41.0M | — |
| 毛利率 | — | — |
| 营业利润率 | 10.7% | 0.1% |
| 净利率 | 4.6% | — |
| 营收同比 | 7.9% | -2.2% |
| 净利润同比 | 7.9% | — |
| 每股收益（稀释后） | $0.36 | $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PORTNET
| Q4 25 | $889.0M | $1.2B | ||
| Q3 25 | $952.0M | $1.2B | ||
| Q2 25 | $807.0M | $1.2B | ||
| Q1 25 | $928.0M | $1.3B | ||
| Q4 24 | $824.0M | $1.3B | ||
| Q3 24 | $929.0M | $1.2B | ||
| Q2 24 | $758.0M | $1.2B | ||
| Q1 24 | $929.0M | $1.3B |
净利润PORTNET
| Q4 25 | $41.0M | — | ||
| Q3 25 | $103.0M | $34.0M | ||
| Q2 25 | $62.0M | $37.0M | ||
| Q1 25 | $100.0M | $85.0M | ||
| Q4 24 | $38.0M | — | ||
| Q3 24 | $94.0M | $45.0M | ||
| Q2 24 | $72.0M | $60.0M | ||
| Q1 24 | $109.0M | $91.0M |
营业利润率PORTNET
| Q4 25 | 10.7% | 0.1% | ||
| Q3 25 | 18.3% | 4.1% | ||
| Q2 25 | 14.6% | 4.1% | ||
| Q1 25 | 18.1% | 8.9% | ||
| Q4 24 | 10.7% | -2.9% | ||
| Q3 24 | 15.7% | 4.7% | ||
| Q2 24 | 15.3% | 6.5% | ||
| Q1 24 | 17.4% | 9.7% |
净利率PORTNET
| Q4 25 | 4.6% | — | ||
| Q3 25 | 10.8% | 2.8% | ||
| Q2 25 | 7.7% | 3.0% | ||
| Q1 25 | 10.8% | 6.6% | ||
| Q4 24 | 4.6% | — | ||
| Q3 24 | 10.1% | 3.6% | ||
| Q2 24 | 9.5% | 4.9% | ||
| Q1 24 | 11.7% | 7.2% |
每股收益（稀释后）PORTNET
| Q4 25 | $0.36 | $0.02 | ||
| Q3 25 | $0.94 | $0.70 | ||
| Q2 25 | $0.56 | $0.77 | ||
| Q1 25 | $0.91 | $1.71 | ||
| Q4 24 | $0.34 | $-0.44 | ||
| Q3 24 | $0.90 | $0.89 | ||
| Q2 24 | $0.69 | $1.20 | ||
| Q1 24 | $1.08 | $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 | — | $287.0M |
| 总债务越低越好 | $4.7B | — |
| 股东权益账面价值 | $4.1B | $54.0M |
| 总资产 | $13.2B | $3.8B |
| 负债/权益比越低杠杆越低 | 1.13× | — |
8季度趋势，按日历期对齐
现金及短期投资PORTNET
| 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 | ||
| Q1 24 | — | $383.0M |
总债务PORTNET
| Q4 25 | $4.7B | — | ||
| Q3 25 | $4.7B | — | ||
| Q2 25 | $4.7B | — | ||
| Q1 25 | $4.7B | — | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $4.4B | — | ||
| Q2 24 | $4.4B | — | ||
| Q1 24 | $4.4B | — |
股东权益PORTNET
| Q4 25 | $4.1B | $54.0M | ||
| Q3 25 | $4.0B | $110.0M | ||
| Q2 25 | $3.9B | $107.0M | ||
| Q1 25 | $3.8B | $63.0M | ||
| Q4 24 | $3.8B | $69.0M | ||
| Q3 24 | $3.6B | $129.0M | ||
| Q2 24 | $3.5B | $100.0M | ||
| Q1 24 | $3.5B | $143.0M |
总资产PORTNET
| Q4 25 | $13.2B | $3.8B | ||
| Q3 25 | $13.0B | $3.4B | ||
| Q2 25 | $12.7B | $3.7B | ||
| Q1 25 | $12.7B | $3.8B | ||
| Q4 24 | $12.5B | $4.1B | ||
| Q3 24 | $11.9B | $3.7B | ||
| Q2 24 | $11.6B | $3.7B | ||
| Q1 24 | $11.6B | $4.0B |
负债/权益比PORTNET
| Q4 25 | 1.13× | — | ||
| Q3 25 | 1.20× | — | ||
| Q2 25 | 1.23× | — | ||
| Q1 25 | 1.23× | — | ||
| Q4 24 | 1.20× | — | ||
| Q3 24 | 1.22× | — | ||
| Q2 24 | 1.27× | — | ||
| Q1 24 | 1.28× | — |
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 | $148.0M | $61.0M |
| 自由现金流经营现金流 - 资本支出 | $-142.0M | $43.0M |
| 自由现金流率自由现金流/营收 | -16.0% | 3.4% |
| 资本支出强度资本支出/营收 | 32.6% | 1.4% |
| 现金转化率经营现金流/净利润 | 3.61× | — |
| 过去12个月自由现金流最近4个季度 | $-71.0M | $234.0M |
8季度趋势，按日历期对齐
经营现金流PORTNET
| Q4 25 | $148.0M | $61.0M | ||
| Q3 25 | $403.0M | $72.0M | ||
| Q2 25 | $336.0M | $75.0M | ||
| Q1 25 | $231.0M | $95.0M | ||
| Q4 24 | $170.0M | $65.0M | ||
| Q3 24 | $244.0M | $84.0M | ||
| Q2 24 | $189.0M | $39.0M | ||
| Q1 24 | $175.0M | $91.0M |
自由现金流PORTNET
| Q4 25 | $-142.0M | $43.0M | ||
| Q3 25 | $100.0M | $55.0M | ||
| Q2 25 | $99.0M | $57.0M | ||
| Q1 25 | $-128.0M | $79.0M | ||
| Q4 24 | $-222.0M | $47.0M | ||
| Q3 24 | $-9.0M | $59.0M | ||
| Q2 24 | $-109.0M | $22.0M | ||
| Q1 24 | $-150.0M | $73.0M |
自由现金流率PORTNET
| Q4 25 | -16.0% | 3.4% | ||
| Q3 25 | 10.5% | 4.5% | ||
| Q2 25 | 12.3% | 4.6% | ||
| Q1 25 | -13.8% | 6.1% | ||
| Q4 24 | -26.9% | 3.7% | ||
| Q3 24 | -1.0% | 4.8% | ||
| Q2 24 | -14.4% | 1.8% | ||
| Q1 24 | -16.1% | 5.8% |
资本支出强度PORTNET
| Q4 25 | 32.6% | 1.4% | ||
| Q3 25 | 31.8% | 1.4% | ||
| Q2 25 | 29.4% | 1.5% | ||
| Q1 25 | 38.7% | 1.2% | ||
| Q4 24 | 47.6% | 1.4% | ||
| Q3 24 | 27.2% | 2.0% | ||
| Q2 24 | 39.3% | 1.4% | ||
| Q1 24 | 35.0% | 1.4% |
现金转化率PORTNET
| Q4 25 | 3.61× | — | ||
| Q3 25 | 3.91× | 2.12× | ||
| Q2 25 | 5.42× | 2.03× | ||
| Q1 25 | 2.31× | 1.12× | ||
| Q4 24 | 4.47× | — | ||
| Q3 24 | 2.60× | 1.87× | ||
| Q2 24 | 2.63× | 0.65× | ||
| Q1 24 | 1.61× | 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
POR
| Other | $507.0M | 57% |
| Commercial | $231.0M | 26% |
| Industrial | $140.0M | 16% |
| Direct Accesscustomers | $11.0M | 1% |
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
