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SELECTIVE INSURANCE GROUP INC（SIGI）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
SELECTIVE INSURANCE GROUP INC的季度营收约是TRINET GROUP, INC.的1.1倍（$1.4B vs $1.2B），SELECTIVE INSURANCE GROUP INC同比增速更快（5.7% vs -2.2%），过去两年SELECTIVE INSURANCE GROUP INC的营收复合增速更高（6.6% vs -0.6%）
Selective保险集团是总部位于美国的保险控股企业，提供财产险、意外伤害险等多元保险产品，涵盖个人车险、住宅险、商业财产险、责任险、工伤补偿险等品类，主要服务美国境内的中小型企业、个人消费者及非营利组织，通过独立保险代理网络分销。
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。
SIGI vs TNET — 直观对比
营收规模更大
SIGI
是对方的1.1倍
$1.2B
营收增速更快
SIGI
高出7.9%
-2.2%
两年增速更快
SIGI
近两年复合增速
-0.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.2B |
| 净利润 | $97.7M | — |
| 毛利率 | — | — |
| 营业利润率 | — | 0.1% |
| 净利率 | 7.2% | — |
| 营收同比 | 5.7% | -2.2% |
| 净利润同比 | -37.0% | — |
| 每股收益（稀释后） | $1.58 | $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SIGITNET
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.4B | $1.2B | ||
| Q3 25 | $1.4B | $1.2B | ||
| Q2 25 | $1.3B | $1.2B | ||
| Q1 25 | $1.3B | $1.3B | ||
| Q4 24 | $1.3B | $1.3B | ||
| Q3 24 | $1.2B | $1.2B | ||
| Q2 24 | $1.2B | $1.2B |
净利润SIGITNET
| Q1 26 | $97.7M | — | ||
| Q4 25 | $155.2M | — | ||
| Q3 25 | $115.3M | $34.0M | ||
| Q2 25 | $85.9M | $37.0M | ||
| Q1 25 | $109.9M | $85.0M | ||
| Q4 24 | $95.5M | — | ||
| Q3 24 | $92.3M | $45.0M | ||
| Q2 24 | $-63.3M | $60.0M |
营业利润率SIGITNET
| Q1 26 | — | — | ||
| Q4 25 | 14.4% | 0.1% | ||
| Q3 25 | 10.7% | 4.1% | ||
| Q2 25 | 8.2% | 4.1% | ||
| Q1 25 | 10.8% | 8.9% | ||
| Q4 24 | 9.5% | -2.9% | ||
| Q3 24 | 9.4% | 4.7% | ||
| Q2 24 | -6.7% | 6.5% |
净利率SIGITNET
| Q1 26 | 7.2% | — | ||
| Q4 25 | 11.4% | — | ||
| Q3 25 | 8.5% | 2.8% | ||
| Q2 25 | 6.5% | 3.0% | ||
| Q1 25 | 8.6% | 6.6% | ||
| Q4 24 | 7.6% | — | ||
| Q3 24 | 7.4% | 3.6% | ||
| Q2 24 | -5.3% | 4.9% |
每股收益（稀释后）SIGITNET
| Q1 26 | $1.58 | — | ||
| Q4 25 | $2.52 | $0.02 | ||
| Q3 25 | $1.85 | $0.70 | ||
| Q2 25 | $1.36 | $0.77 | ||
| Q1 25 | $1.76 | $1.71 | ||
| Q4 24 | $1.53 | $-0.44 | ||
| Q3 24 | $1.47 | $0.89 | ||
| Q2 24 | $-1.08 | $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 | $451.8M | $287.0M |
| 总债务越低越好 | $901.4M | — |
| 股东权益账面价值 | $3.6B | $54.0M |
| 总资产 | $15.3B | $3.8B |
| 负债/权益比越低杠杆越低 | 0.25× | — |
8季度趋势，按日历期对齐
现金及短期投资SIGITNET
| Q1 26 | $451.8M | — | ||
| 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SIGITNET
| Q1 26 | $901.4M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $507.9M | — | ||
| Q3 24 | $508.2M | — | ||
| Q2 24 | $508.8M | — |
股东权益SIGITNET
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.6B | $54.0M | ||
| Q3 25 | $3.5B | $110.0M | ||
| Q2 25 | $3.4B | $107.0M | ||
| Q1 25 | $3.3B | $63.0M | ||
| Q4 24 | $3.1B | $69.0M | ||
| Q3 24 | $3.2B | $129.0M | ||
| Q2 24 | $2.9B | $100.0M |
总资产SIGITNET
| Q1 26 | $15.3B | — | ||
| Q4 25 | $15.2B | $3.8B | ||
| Q3 25 | $15.0B | $3.4B | ||
| Q2 25 | $14.5B | $3.7B | ||
| Q1 25 | $14.2B | $3.8B | ||
| Q4 24 | $13.5B | $4.1B | ||
| Q3 24 | $13.5B | $3.7B | ||
| Q2 24 | $12.6B | $3.7B |
负债/权益比SIGITNET
| Q1 26 | 0.25× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.16× | — | ||
| Q3 24 | 0.16× | — | ||
| Q2 24 | 0.17× | — |
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 | — | $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 | — | — |
| 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SIGITNET
| Q1 26 | — | — | ||
| Q4 25 | $376.3M | $61.0M | ||
| Q3 25 | $405.8M | $72.0M | ||
| Q2 25 | $166.9M | $75.0M | ||
| Q1 25 | $284.0M | $95.0M | ||
| Q4 24 | $332.2M | $65.0M | ||
| Q3 24 | $387.4M | $84.0M | ||
| Q2 24 | $266.1M | $39.0M |
自由现金流SIGITNET
| Q1 26 | — | — | ||
| Q4 25 | $366.3M | $43.0M | ||
| Q3 25 | $397.3M | $55.0M | ||
| Q2 25 | $159.7M | $57.0M | ||
| Q1 25 | $271.0M | $79.0M | ||
| Q4 24 | $324.7M | $47.0M | ||
| Q3 24 | $378.0M | $59.0M | ||
| Q2 24 | $258.4M | $22.0M |
自由现金流率SIGITNET
| Q1 26 | — | — | ||
| Q4 25 | 26.8% | 3.4% | ||
| Q3 25 | 29.2% | 4.5% | ||
| Q2 25 | 12.0% | 4.6% | ||
| Q1 25 | 21.1% | 6.1% | ||
| Q4 24 | 25.8% | 3.7% | ||
| Q3 24 | 30.4% | 4.8% | ||
| Q2 24 | 21.6% | 1.8% |
资本支出强度SIGITNET
| Q1 26 | — | — | ||
| Q4 25 | 0.7% | 1.4% | ||
| Q3 25 | 0.6% | 1.4% | ||
| Q2 25 | 0.5% | 1.5% | ||
| Q1 25 | 1.0% | 1.2% | ||
| Q4 24 | 0.6% | 1.4% | ||
| Q3 24 | 0.8% | 2.0% | ||
| Q2 24 | 0.6% | 1.4% |
现金转化率SIGITNET
| Q1 26 | — | — | ||
| Q4 25 | 2.42× | — | ||
| Q3 25 | 3.52× | 2.12× | ||
| Q2 25 | 1.94× | 2.03× | ||
| Q1 25 | 2.58× | 1.12× | ||
| Q4 24 | 3.48× | — | ||
| Q3 24 | 4.20× | 1.87× | ||
| Q2 24 | — | 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
SIGI
暂无分部数据
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
