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Ryerson Holding Corp（RYI）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Ryerson Holding Corp的1.1倍（$1.2B vs $1.1B），Ryerson Holding Corp同比增速更快（9.7% vs -2.2%），Ryerson Holding Corp自由现金流更多（$91.9M vs $43.0M），过去两年TRINET GROUP, INC.的营收复合增速更高（-0.6% vs -5.6%）
莱森控股集团旗下的约瑟夫·T·莱森父子公司是一家金属加工分销服务商，业务覆盖美国、墨西哥、加拿大与中国。公司创立于1842年，总部位于芝加哥，在全球约100个网点拥有约4200名员工，是金属流通领域资历深厚的专业服务商。
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。
RYI 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
RYI
高出11.9%
-2.2%
自由现金流更多
RYI
多$48.9M
$43.0M
两年增速更快
TNET
近两年复合增速
-5.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.2B |
| 净利润 | $-37.9M | — |
| 毛利率 | 15.3% | — |
| 营业利润率 | -3.4% | 0.1% |
| 净利率 | -3.4% | — |
| 营收同比 | 9.7% | -2.2% |
| 净利润同比 | -781.4% | — |
| 每股收益（稀释后） | $-1.18 | $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RYITNET
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $1.2B | $1.2B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $1.1B | $1.3B | ||
| Q4 24 | $1.0B | $1.3B | ||
| Q3 24 | $1.1B | $1.2B | ||
| Q2 24 | $1.2B | $1.2B | ||
| Q1 24 | $1.2B | $1.3B |
净利润RYITNET
| Q4 25 | $-37.9M | — | ||
| Q3 25 | $-14.8M | $34.0M | ||
| Q2 25 | $1.9M | $37.0M | ||
| Q1 25 | $-5.6M | $85.0M | ||
| Q4 24 | $-4.3M | — | ||
| Q3 24 | $-6.6M | $45.0M | ||
| Q2 24 | $9.9M | $60.0M | ||
| Q1 24 | $-7.6M | $91.0M |
毛利率RYITNET
| Q4 25 | 15.3% | — | ||
| Q3 25 | 17.2% | — | ||
| Q2 25 | 17.9% | — | ||
| Q1 25 | 18.0% | — | ||
| Q4 24 | 19.0% | — | ||
| Q3 24 | 17.9% | — | ||
| Q2 24 | 18.2% | — | ||
| Q1 24 | 17.6% | — |
营业利润率RYITNET
| Q4 25 | -3.4% | 0.1% | ||
| Q3 25 | -0.1% | 4.1% | ||
| Q2 25 | 0.5% | 4.1% | ||
| Q1 25 | 0.2% | 8.9% | ||
| Q4 24 | 0.3% | -2.9% | ||
| Q3 24 | 0.5% | 4.7% | ||
| Q2 24 | 1.9% | 6.5% | ||
| Q1 24 | 0.1% | 9.7% |
净利率RYITNET
| Q4 25 | -3.4% | — | ||
| Q3 25 | -1.3% | 2.8% | ||
| Q2 25 | 0.2% | 3.0% | ||
| Q1 25 | -0.5% | 6.6% | ||
| Q4 24 | -0.4% | — | ||
| Q3 24 | -0.6% | 3.6% | ||
| Q2 24 | 0.8% | 4.9% | ||
| Q1 24 | -0.6% | 7.2% |
每股收益（稀释后）RYITNET
| Q4 25 | $-1.18 | $0.02 | ||
| Q3 25 | $-0.46 | $0.70 | ||
| Q2 25 | $0.06 | $0.77 | ||
| Q1 25 | $-0.18 | $1.71 | ||
| Q4 24 | $-0.13 | $-0.44 | ||
| Q3 24 | $-0.20 | $0.89 | ||
| Q2 24 | $0.29 | $1.20 | ||
| Q1 24 | $-0.22 | $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 | $26.9M | $287.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $753.1M | $54.0M |
| 总资产 | $2.4B | $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RYITNET
| Q4 25 | $26.9M | $287.0M | ||
| Q3 25 | $29.8M | $321.0M | ||
| Q2 25 | $30.8M | $407.0M | ||
| Q1 25 | $33.6M | $349.0M | ||
| Q4 24 | $27.7M | $360.0M | ||
| Q3 24 | $35.0M | $301.0M | ||
| Q2 24 | $28.0M | $249.0M | ||
| Q1 24 | $41.9M | $383.0M |
股东权益RYITNET
| Q4 25 | $753.1M | $54.0M | ||
| Q3 25 | $787.3M | $110.0M | ||
| Q2 25 | $811.5M | $107.0M | ||
| Q1 25 | $803.9M | $63.0M | ||
| Q4 24 | $815.3M | $69.0M | ||
| Q3 24 | $832.9M | $129.0M | ||
| Q2 24 | $877.9M | $100.0M | ||
| Q1 24 | $888.5M | $143.0M |
总资产RYITNET
| Q4 25 | $2.4B | $3.8B | ||
| Q3 25 | $2.5B | $3.4B | ||
| Q2 25 | $2.5B | $3.7B | ||
| Q1 25 | $2.5B | $3.8B | ||
| Q4 24 | $2.4B | $4.1B | ||
| Q3 24 | $2.5B | $3.7B | ||
| Q2 24 | $2.6B | $3.7B | ||
| Q1 24 | $2.7B | $4.0B |
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 | $112.7M | $61.0M |
| 自由现金流经营现金流 - 资本支出 | $91.9M | $43.0M |
| 自由现金流率自由现金流/营收 | 8.3% | 3.4% |
| 资本支出强度资本支出/营收 | 1.9% | 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 | $35.5M | $234.0M |
8季度趋势，按日历期对齐
经营现金流RYITNET
| Q4 25 | $112.7M | $61.0M | ||
| Q3 25 | $-8.3M | $72.0M | ||
| Q2 25 | $23.8M | $75.0M | ||
| Q1 25 | $-41.2M | $95.0M | ||
| Q4 24 | $92.2M | $65.0M | ||
| Q3 24 | $134.6M | $84.0M | ||
| Q2 24 | $25.9M | $39.0M | ||
| Q1 24 | $-47.8M | $91.0M |
自由现金流RYITNET
| Q4 25 | $91.9M | $43.0M | ||
| Q3 25 | $-21.1M | $55.0M | ||
| Q2 25 | $13.9M | $57.0M | ||
| Q1 25 | $-49.2M | $79.0M | ||
| Q4 24 | $68.7M | $47.0M | ||
| Q3 24 | $103.0M | $59.0M | ||
| Q2 24 | $3.2M | $22.0M | ||
| Q1 24 | $-69.6M | $73.0M |
自由现金流率RYITNET
| Q4 25 | 8.3% | 3.4% | ||
| Q3 25 | -1.8% | 4.5% | ||
| Q2 25 | 1.2% | 4.6% | ||
| Q1 25 | -4.3% | 6.1% | ||
| Q4 24 | 6.8% | 3.7% | ||
| Q3 24 | 9.1% | 4.8% | ||
| Q2 24 | 0.3% | 1.8% | ||
| Q1 24 | -5.6% | 5.8% |
资本支出强度RYITNET
| Q4 25 | 1.9% | 1.4% | ||
| Q3 25 | 1.1% | 1.4% | ||
| Q2 25 | 0.8% | 1.5% | ||
| Q1 25 | 0.7% | 1.2% | ||
| Q4 24 | 2.3% | 1.4% | ||
| Q3 24 | 2.8% | 2.0% | ||
| Q2 24 | 1.9% | 1.4% | ||
| Q1 24 | 1.8% | 1.4% |
现金转化率RYITNET
| Q4 25 | — | — | ||
| Q3 25 | — | 2.12× | ||
| Q2 25 | 12.53× | 2.03× | ||
| Q1 25 | — | 1.12× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.87× | ||
| Q2 24 | 2.62× | 0.65× | ||
| Q1 24 | — | 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
RYI
| US | $988.3M | 89% |
| Non Us | $116.5M | 11% |
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
