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Sylvamo Corp（SLVM）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Sylvamo Corp的1.4倍（$1.2B vs $890.0M），TRINET GROUP, INC.同比增速更快（-2.2% vs -8.2%），TRINET GROUP, INC.自由现金流更多（$43.0M vs $38.0M），过去两年TRINET GROUP, INC.的营收复合增速更高（-0.6% vs -0.8%）
西尔瓦莫公司是全球领先的可持续纸浆与纸品生产商，核心产品包括非涂布印刷纸、包装纸及商用纸浆，业务覆盖北美、欧洲、拉美地区，服务办公耗材、出版、商业印刷、包装等多个领域。
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。
SLVM vs TNET — 直观对比
营收规模更大
TNET
是对方的1.4倍
$890.0M
营收增速更快
TNET
高出6.1%
-8.2%
自由现金流更多
TNET
多$5.0M
$38.0M
两年增速更快
TNET
近两年复合增速
-0.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $890.0M | $1.2B |
| 净利润 | $33.0M | — |
| 毛利率 | — | — |
| 营业利润率 | 8.9% | 0.1% |
| 净利率 | 3.7% | — |
| 营收同比 | -8.2% | -2.2% |
| 净利润同比 | -59.3% | — |
| 每股收益（稀释后） | $0.81 | $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SLVMTNET
| Q4 25 | $890.0M | $1.2B | ||
| Q3 25 | $846.0M | $1.2B | ||
| Q2 25 | $794.0M | $1.2B | ||
| Q1 25 | $821.0M | $1.3B | ||
| Q4 24 | $970.0M | $1.3B | ||
| Q3 24 | $965.0M | $1.2B | ||
| Q2 24 | $933.0M | $1.2B | ||
| Q1 24 | $905.0M | $1.3B |
净利润SLVMTNET
| Q4 25 | $33.0M | — | ||
| Q3 25 | $57.0M | $34.0M | ||
| Q2 25 | $15.0M | $37.0M | ||
| Q1 25 | $27.0M | $85.0M | ||
| Q4 24 | $81.0M | — | ||
| Q3 24 | $95.0M | $45.0M | ||
| Q2 24 | $83.0M | $60.0M | ||
| Q1 24 | $43.0M | $91.0M |
营业利润率SLVMTNET
| Q4 25 | 8.9% | 0.1% | ||
| Q3 25 | 11.6% | 4.1% | ||
| Q2 25 | 3.8% | 4.1% | ||
| Q1 25 | 5.4% | 8.9% | ||
| Q4 24 | 11.2% | -2.9% | ||
| Q3 24 | 15.5% | 4.7% | ||
| Q2 24 | 13.1% | 6.5% | ||
| Q1 24 | 8.0% | 9.7% |
净利率SLVMTNET
| Q4 25 | 3.7% | — | ||
| Q3 25 | 6.7% | 2.8% | ||
| Q2 25 | 1.9% | 3.0% | ||
| Q1 25 | 3.3% | 6.6% | ||
| Q4 24 | 8.4% | — | ||
| Q3 24 | 9.8% | 3.6% | ||
| Q2 24 | 8.9% | 4.9% | ||
| Q1 24 | 4.8% | 7.2% |
每股收益（稀释后）SLVMTNET
| Q4 25 | $0.81 | $0.02 | ||
| Q3 25 | $1.41 | $0.70 | ||
| Q2 25 | $0.37 | $0.77 | ||
| Q1 25 | $0.65 | $1.71 | ||
| Q4 24 | $1.91 | $-0.44 | ||
| Q3 24 | $2.27 | $0.89 | ||
| Q2 24 | $1.98 | $1.20 | ||
| Q1 24 | $1.02 | $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 | $198.0M | $287.0M |
| 总债务越低越好 | $763.0M | — |
| 股东权益账面价值 | $966.0M | $54.0M |
| 总资产 | $2.8B | $3.8B |
| 负债/权益比越低杠杆越低 | 0.79× | — |
8季度趋势，按日历期对齐
现金及短期投资SLVMTNET
| Q4 25 | $198.0M | $287.0M | ||
| Q3 25 | $146.0M | $321.0M | ||
| Q2 25 | $183.0M | $407.0M | ||
| Q1 25 | $220.0M | $349.0M | ||
| Q4 24 | $309.0M | $360.0M | ||
| Q3 24 | $414.0M | $301.0M | ||
| Q2 24 | $213.0M | $249.0M | ||
| Q1 24 | $218.0M | $383.0M |
总债务SLVMTNET
| Q4 25 | $763.0M | — | ||
| Q3 25 | $778.0M | — | ||
| Q2 25 | $767.0M | — | ||
| Q1 25 | $794.0M | — | ||
| Q4 24 | $782.0M | — | ||
| Q3 24 | $883.0M | — | ||
| Q2 24 | $894.0M | — | ||
| Q1 24 | $921.0M | — |
股东权益SLVMTNET
| Q4 25 | $966.0M | $54.0M | ||
| Q3 25 | $977.0M | $110.0M | ||
| Q2 25 | $959.0M | $107.0M | ||
| Q1 25 | $908.0M | $63.0M | ||
| Q4 24 | $847.0M | $69.0M | ||
| Q3 24 | $937.0M | $129.0M | ||
| Q2 24 | $830.0M | $100.0M | ||
| Q1 24 | $889.0M | $143.0M |
总资产SLVMTNET
| Q4 25 | $2.8B | $3.8B | ||
| Q3 25 | $2.7B | $3.4B | ||
| Q2 25 | $2.7B | $3.7B | ||
| Q1 25 | $2.6B | $3.8B | ||
| Q4 24 | $2.6B | $4.1B | ||
| Q3 24 | $2.9B | $3.7B | ||
| Q2 24 | $2.7B | $3.7B | ||
| Q1 24 | $2.6B | $4.0B |
负债/权益比SLVMTNET
| Q4 25 | 0.79× | — | ||
| Q3 25 | 0.80× | — | ||
| Q2 25 | 0.80× | — | ||
| Q1 25 | 0.87× | — | ||
| Q4 24 | 0.92× | — | ||
| Q3 24 | 0.94× | — | ||
| Q2 24 | 1.08× | — | ||
| Q1 24 | 1.04× | — |
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 | $94.0M | $61.0M |
| 自由现金流经营现金流 - 资本支出 | $38.0M | $43.0M |
| 自由现金流率自由现金流/营收 | 4.3% | 3.4% |
| 资本支出强度资本支出/营收 | 6.3% | 1.4% |
| 现金转化率经营现金流/净利润 | 2.85× | — |
| 过去12个月自由现金流最近4个季度 | $44.0M | $234.0M |
8季度趋势，按日历期对齐
经营现金流SLVMTNET
| Q4 25 | $94.0M | $61.0M | ||
| Q3 25 | $87.0M | $72.0M | ||
| Q2 25 | $64.0M | $75.0M | ||
| Q1 25 | $23.0M | $95.0M | ||
| Q4 24 | $164.0M | $65.0M | ||
| Q3 24 | $163.0M | $84.0M | ||
| Q2 24 | $115.0M | $39.0M | ||
| Q1 24 | $27.0M | $91.0M |
自由现金流SLVMTNET
| Q4 25 | $38.0M | $43.0M | ||
| Q3 25 | $33.0M | $55.0M | ||
| Q2 25 | $-2.0M | $57.0M | ||
| Q1 25 | $-25.0M | $79.0M | ||
| Q4 24 | $100.0M | $47.0M | ||
| Q3 24 | $119.0M | $59.0M | ||
| Q2 24 | $62.0M | $22.0M | ||
| Q1 24 | $-33.0M | $73.0M |
自由现金流率SLVMTNET
| Q4 25 | 4.3% | 3.4% | ||
| Q3 25 | 3.9% | 4.5% | ||
| Q2 25 | -0.3% | 4.6% | ||
| Q1 25 | -3.0% | 6.1% | ||
| Q4 24 | 10.3% | 3.7% | ||
| Q3 24 | 12.3% | 4.8% | ||
| Q2 24 | 6.6% | 1.8% | ||
| Q1 24 | -3.6% | 5.8% |
资本支出强度SLVMTNET
| Q4 25 | 6.3% | 1.4% | ||
| Q3 25 | 6.4% | 1.4% | ||
| Q2 25 | 8.3% | 1.5% | ||
| Q1 25 | 5.8% | 1.2% | ||
| Q4 24 | 6.6% | 1.4% | ||
| Q3 24 | 4.6% | 2.0% | ||
| Q2 24 | 5.7% | 1.4% | ||
| Q1 24 | 6.6% | 1.4% |
现金转化率SLVMTNET
| Q4 25 | 2.85× | — | ||
| Q3 25 | 1.53× | 2.12× | ||
| Q2 25 | 4.27× | 2.03× | ||
| Q1 25 | 0.85× | 1.12× | ||
| Q4 24 | 2.02× | — | ||
| Q3 24 | 1.72× | 1.87× | ||
| Q2 24 | 1.39× | 0.65× | ||
| Q1 24 | 0.63× | 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
SLVM
暂无分部数据
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
