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SERVICE CORP INTERNATIONAL（SCI）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SERVICE CORP INTERNATIONAL的1.1倍（$1.2B vs $1.1B），SERVICE CORP INTERNATIONAL同比增速更快（1.7% vs -2.2%），SERVICE CORP INTERNATIONAL自由现金流更多（$87.2M vs $43.0M），过去两年SERVICE CORP INTERNATIONAL的营收复合增速更高（3.1% vs -0.6%）
国际配送服务有限公司（IDS）是英国邮政及快递服务提供商，2013年由英国政府设立，作为皇家邮政的控股母公司，多数股权随后在伦敦证券交易所公开发售，当时政府保留30%股份。截至2025年4月，该公司由丹尼尔·克雷廷斯基旗下捷克EP集团持有运营。
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。
SCI 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
SCI
高出3.9%
-2.2%
自由现金流更多
SCI
多$44.2M
$43.0M
两年增速更快
SCI
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.2B |
| 净利润 | $159.4M | — |
| 毛利率 | 28.0% | — |
| 营业利润率 | 24.8% | 0.1% |
| 净利率 | 14.3% | — |
| 营收同比 | 1.7% | -2.2% |
| 净利润同比 | 5.3% | — |
| 每股收益（稀释后） | $1.13 | $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SCITNET
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $1.1B | $1.2B | ||
| Q2 25 | $1.1B | $1.2B | ||
| Q1 25 | $1.1B | $1.3B | ||
| Q4 24 | $1.1B | $1.3B | ||
| Q3 24 | $1.0B | $1.2B | ||
| Q2 24 | $1.0B | $1.2B | ||
| Q1 24 | $1.0B | $1.3B |
净利润SCITNET
| Q4 25 | $159.4M | — | ||
| Q3 25 | $117.5M | $34.0M | ||
| Q2 25 | $122.9M | $37.0M | ||
| Q1 25 | $142.9M | $85.0M | ||
| Q4 24 | $151.4M | — | ||
| Q3 24 | $117.8M | $45.0M | ||
| Q2 24 | $118.2M | $60.0M | ||
| Q1 24 | $131.3M | $91.0M |
毛利率SCITNET
| Q4 25 | 28.0% | — | ||
| Q3 25 | 25.1% | — | ||
| Q2 25 | 25.5% | — | ||
| Q1 25 | 27.1% | — | ||
| Q4 24 | 28.0% | — | ||
| Q3 24 | 24.9% | — | ||
| Q2 24 | 24.9% | — | ||
| Q1 24 | 26.2% | — |
营业利润率SCITNET
| Q4 25 | 24.8% | 0.1% | ||
| Q3 25 | 21.4% | 4.1% | ||
| Q2 25 | 21.1% | 4.1% | ||
| Q1 25 | 23.4% | 8.9% | ||
| Q4 24 | 24.0% | -2.9% | ||
| Q3 24 | 20.9% | 4.7% | ||
| Q2 24 | 21.4% | 6.5% | ||
| Q1 24 | 22.2% | 9.7% |
净利率SCITNET
| Q4 25 | 14.3% | — | ||
| Q3 25 | 11.1% | 2.8% | ||
| Q2 25 | 11.5% | 3.0% | ||
| Q1 25 | 13.3% | 6.6% | ||
| Q4 24 | 13.8% | — | ||
| Q3 24 | 11.6% | 3.6% | ||
| Q2 24 | 11.4% | 4.9% | ||
| Q1 24 | 12.6% | 7.2% |
每股收益（稀释后）SCITNET
| Q4 25 | $1.13 | $0.02 | ||
| Q3 25 | $0.83 | $0.70 | ||
| Q2 25 | $0.86 | $0.77 | ||
| Q1 25 | $0.98 | $1.71 | ||
| Q4 24 | $1.02 | $-0.44 | ||
| Q3 24 | $0.81 | $0.89 | ||
| Q2 24 | $0.81 | $1.20 | ||
| Q1 24 | $0.89 | $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 | $243.6M | $287.0M |
| 总债务越低越好 | $5.1B | — |
| 股东权益账面价值 | $1.6B | $54.0M |
| 总资产 | $18.7B | $3.8B |
| 负债/权益比越低杠杆越低 | 3.10× | — |
8季度趋势，按日历期对齐
现金及短期投资SCITNET
| Q4 25 | $243.6M | $287.0M | ||
| Q3 25 | $241.3M | $321.0M | ||
| Q2 25 | $255.4M | $407.0M | ||
| Q1 25 | $227.2M | $349.0M | ||
| Q4 24 | $218.8M | $360.0M | ||
| Q3 24 | $185.4M | $301.0M | ||
| Q2 24 | $184.4M | $249.0M | ||
| Q1 24 | $205.6M | $383.0M |
总债务SCITNET
| Q4 25 | $5.1B | — | ||
| Q3 25 | $5.0B | — | ||
| Q2 25 | $5.0B | — | ||
| Q1 25 | $4.7B | — | ||
| Q4 24 | $4.8B | — | ||
| Q3 24 | $4.7B | — | ||
| Q2 24 | $4.7B | — | ||
| Q1 24 | $4.6B | — |
股东权益SCITNET
| Q4 25 | $1.6B | $54.0M | ||
| Q3 25 | $1.6B | $110.0M | ||
| Q2 25 | $1.6B | $107.0M | ||
| Q1 25 | $1.7B | $63.0M | ||
| Q4 24 | $1.7B | $69.0M | ||
| Q3 24 | $1.6B | $129.0M | ||
| Q2 24 | $1.5B | $100.0M | ||
| Q1 24 | $1.6B | $143.0M |
总资产SCITNET
| Q4 25 | $18.7B | $3.8B | ||
| Q3 25 | $18.4B | $3.4B | ||
| Q2 25 | $18.0B | $3.7B | ||
| Q1 25 | $17.3B | $3.8B | ||
| Q4 24 | $17.4B | $4.1B | ||
| Q3 24 | $17.4B | $3.7B | ||
| Q2 24 | $16.8B | $3.7B | ||
| Q1 24 | $16.7B | $4.0B |
负债/权益比SCITNET
| Q4 25 | 3.10× | — | ||
| Q3 25 | 3.17× | — | ||
| Q2 25 | 3.19× | — | ||
| Q1 25 | 2.87× | — | ||
| Q4 24 | 2.83× | — | ||
| Q3 24 | 2.92× | — | ||
| Q2 24 | 3.05× | — | ||
| Q1 24 | 2.90× | — |
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 | $212.9M | $61.0M |
| 自由现金流经营现金流 - 资本支出 | $87.2M | $43.0M |
| 自由现金流率自由现金流/营收 | 7.8% | 3.4% |
| 资本支出强度资本支出/营收 | 11.3% | 1.4% |
| 现金转化率经营现金流/净利润 | 1.34× | — |
| 过去12个月自由现金流最近4个季度 | $554.2M | $234.0M |
8季度趋势，按日历期对齐
经营现金流SCITNET
| Q4 25 | $212.9M | $61.0M | ||
| Q3 25 | $252.3M | $72.0M | ||
| Q2 25 | $166.4M | $75.0M | ||
| Q1 25 | $311.1M | $95.0M | ||
| Q4 24 | $264.1M | $65.0M | ||
| Q3 24 | $263.8M | $84.0M | ||
| Q2 24 | $196.9M | $39.0M | ||
| Q1 24 | $220.1M | $91.0M |
自由现金流SCITNET
| Q4 25 | $87.2M | $43.0M | ||
| Q3 25 | $150.7M | $55.0M | ||
| Q2 25 | $83.4M | $57.0M | ||
| Q1 25 | $233.0M | $79.0M | ||
| Q4 24 | $151.8M | $47.0M | ||
| Q3 24 | $162.8M | $59.0M | ||
| Q2 24 | $100.8M | $22.0M | ||
| Q1 24 | $140.3M | $73.0M |
自由现金流率SCITNET
| Q4 25 | 7.8% | 3.4% | ||
| Q3 25 | 14.2% | 4.5% | ||
| Q2 25 | 7.8% | 4.6% | ||
| Q1 25 | 21.7% | 6.1% | ||
| Q4 24 | 13.9% | 3.7% | ||
| Q3 24 | 16.1% | 4.8% | ||
| Q2 24 | 9.7% | 1.8% | ||
| Q1 24 | 13.4% | 5.8% |
资本支出强度SCITNET
| Q4 25 | 11.3% | 1.4% | ||
| Q3 25 | 9.6% | 1.4% | ||
| Q2 25 | 7.8% | 1.5% | ||
| Q1 25 | 7.3% | 1.2% | ||
| Q4 24 | 10.3% | 1.4% | ||
| Q3 24 | 10.0% | 2.0% | ||
| Q2 24 | 9.3% | 1.4% | ||
| Q1 24 | 7.6% | 1.4% |
现金转化率SCITNET
| Q4 25 | 1.34× | — | ||
| Q3 25 | 2.15× | 2.12× | ||
| Q2 25 | 1.35× | 2.03× | ||
| Q1 25 | 2.18× | 1.12× | ||
| Q4 24 | 1.75× | — | ||
| Q3 24 | 2.24× | 1.87× | ||
| Q2 24 | 1.67× | 0.65× | ||
| Q1 24 | 1.68× | 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
SCI
| Cemetery | $510.9M | 46% |
| Funeral Matured Preneed Revenue | $196.5M | 18% |
| Cemetery Recognized Preneed Merchandise And Service Revenue | $107.4M | 10% |
| Cemetery Atneed Revenue | $104.9M | 9% |
| CA | $56.4M | 5% |
| Funeral Other Revenue | $54.6M | 5% |
| Cemetery Other Revenue | $40.2M | 4% |
| Nonfuneral Home Revenue | $28.1M | 3% |
| Non Funeral Home Preneed Sales Revenue | $22.0M | 2% |
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
