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TrueBlue, Inc.（TBI）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
TrueBlue, Inc.的季度营收约是世纪互联的1.2倍（$418.2M vs $362.7M），TrueBlue, Inc.自由现金流更多（$-7.5M vs $-193.1M），过去两年世纪互联的营收复合增速更高（17.4% vs 1.9%）
蓝鸟公司是一家美国巴士制造商，总部位于佐治亚州福瓦尔谷。该公司以生产校车闻名于世，除此之外还生产多种其他类型巴士，包括城市公交巴士、房车，以及流动图书馆、移动警务指挥中心等特种车辆。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
TBI vs VNET — 直观对比
营收规模更大
TBI
是对方的1.2倍
$362.7M
自由现金流更多
TBI
多$185.6M
$-193.1M
两年增速更快
VNET
近两年复合增速
1.9%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $418.2M | $362.7M |
| 净利润 | — | $-38.7M |
| 毛利率 | 21.5% | 20.9% |
| 营业利润率 | -7.0% | 0.5% |
| 净利率 | — | -10.7% |
| 营收同比 | 8.3% | — |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $-1.06 | — |
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TBIVNET
| Q4 25 | $418.2M | — | ||
| Q3 25 | $431.3M | $362.7M | ||
| Q2 25 | $396.3M | — | ||
| Q1 25 | $370.3M | $309.5M | ||
| Q4 24 | $386.0M | — | ||
| Q3 24 | $382.4M | $302.2M | ||
| Q2 24 | $396.2M | $274.4M | ||
| Q1 24 | $402.9M | $262.9M |
净利润TBIVNET
| Q4 25 | — | — | ||
| Q3 25 | $-1.9M | $-38.7M | ||
| Q2 25 | $-160.0K | — | ||
| Q1 25 | $-14.3M | $-2.4M | ||
| Q4 24 | — | — | ||
| Q3 24 | $-7.6M | $-2.1M | ||
| Q2 24 | $-104.7M | $-1.1M | ||
| Q1 24 | $-1.7M | $-22.0M |
毛利率TBIVNET
| Q4 25 | 21.5% | — | ||
| Q3 25 | 22.7% | 20.9% | ||
| Q2 25 | 23.6% | — | ||
| Q1 25 | 23.3% | 25.2% | ||
| Q4 24 | 26.6% | — | ||
| Q3 24 | 26.2% | 23.2% | ||
| Q2 24 | 26.4% | 21.3% | ||
| Q1 24 | 24.7% | 21.6% |
营业利润率TBIVNET
| Q4 25 | -7.0% | — | ||
| Q3 25 | -0.0% | 0.5% | ||
| Q2 25 | -0.7% | — | ||
| Q1 25 | -3.8% | 0.1% | ||
| Q4 24 | -2.7% | — | ||
| Q3 24 | -1.8% | 24.5% | ||
| Q2 24 | -15.1% | 0.2% | ||
| Q1 24 | -3.8% | 0.2% |
净利率TBIVNET
| Q4 25 | — | — | ||
| Q3 25 | -0.4% | -10.7% | ||
| Q2 25 | -0.0% | — | ||
| Q1 25 | -3.9% | -0.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | -2.0% | -0.7% | ||
| Q2 24 | -26.4% | -0.4% | ||
| Q1 24 | -0.4% | -8.4% |
每股收益（稀释后）TBIVNET
| Q4 25 | $-1.06 | — | ||
| Q3 25 | $-0.06 | — | ||
| Q2 25 | $-0.01 | — | ||
| Q1 25 | $-0.48 | — | ||
| Q4 24 | $-0.41 | — | ||
| Q3 24 | $-0.26 | — | ||
| Q2 24 | $-3.45 | — | ||
| Q1 24 | $-0.05 | — |
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 | $24.5M | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $274.6M | $890.8M |
| 总资产 | $638.7M | $6.1B |
| 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TBIVNET
| Q4 25 | $24.5M | — | ||
| Q3 25 | $19.9M | $492.1M | ||
| Q2 25 | $21.9M | — | ||
| Q1 25 | $23.1M | $544.3M | ||
| Q4 24 | $22.5M | — | ||
| Q3 24 | $14.5M | $219.5M | ||
| Q2 24 | $26.4M | $247.2M | ||
| Q1 24 | $36.2M | $246.9M |
总债务TBIVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益TBIVNET
| Q4 25 | $274.6M | — | ||
| Q3 25 | $304.3M | $890.8M | ||
| Q2 25 | $305.2M | — | ||
| Q1 25 | $302.2M | $927.8M | ||
| Q4 24 | $315.4M | — | ||
| Q3 24 | $327.2M | $902.9M | ||
| Q2 24 | $337.8M | $900.6M | ||
| Q1 24 | $446.4M | $895.1M |
总资产TBIVNET
| Q4 25 | $638.7M | — | ||
| Q3 25 | $690.5M | $6.1B | ||
| Q2 25 | $672.8M | — | ||
| Q1 25 | $692.5M | $5.4B | ||
| Q4 24 | $675.4M | — | ||
| Q3 24 | $702.4M | $4.3B | ||
| Q2 24 | $723.7M | $4.0B | ||
| Q1 24 | $868.6M | $3.9B |
负债/权益比TBIVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-4.4M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | $-7.5M | $-193.1M |
| 自由现金流率自由现金流/营收 | -1.8% | -53.2% |
| 资本支出强度资本支出/营收 | 0.7% | 84.6% |
| 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 | $-73.7M | $-589.7M |
8季度趋势，按日历期对齐
经营现金流TBIVNET
| Q4 25 | $-4.4M | — | ||
| Q3 25 | $-19.8M | $113.8M | ||
| Q2 25 | $-11.8M | — | ||
| Q1 25 | $-22.1M | $27.0M | ||
| Q4 24 | $6.1M | — | ||
| Q3 24 | $-7.1M | $108.3M | ||
| Q2 24 | $-1.8M | $55.8M | ||
| Q1 24 | $-14.2M | $37.1M |
自由现金流TBIVNET
| Q4 25 | $-7.5M | — | ||
| Q3 25 | $-23.4M | $-193.1M | ||
| Q2 25 | $-16.1M | — | ||
| Q1 25 | $-26.8M | $-220.0M | ||
| Q4 24 | $854.0K | — | ||
| Q3 24 | $-12.7M | $-95.0M | ||
| Q2 24 | $-7.7M | $-81.6M | ||
| Q1 24 | $-21.6M | $-102.2M |
自由现金流率TBIVNET
| Q4 25 | -1.8% | — | ||
| Q3 25 | -5.4% | -53.2% | ||
| Q2 25 | -4.0% | — | ||
| Q1 25 | -7.2% | -71.1% | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | -3.3% | -31.4% | ||
| Q2 24 | -2.0% | -29.8% | ||
| Q1 24 | -5.4% | -38.9% |
资本支出强度TBIVNET
| Q4 25 | 0.7% | — | ||
| Q3 25 | 0.8% | 84.6% | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 1.3% | 79.8% | ||
| Q4 24 | 1.4% | — | ||
| Q3 24 | 1.5% | 67.3% | ||
| Q2 24 | 1.5% | 50.1% | ||
| Q1 24 | 1.8% | 53.0% |
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
TBI
| People Scout | $187.7M | 45% |
| Other | $175.0M | 42% |
| Healthcare Staffing Professionals Inc. | $55.5M | 13% |
VNET
暂无分部数据
