vs
Talen Energy Corp（TLN）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Talen Energy Corp的1.6倍（$1.2B vs $758.0M），Talen Energy Corp同比增速更快（114.7% vs -2.2%），Talen Energy Corp自由现金流更多（$254.0M vs $43.0M），过去两年Talen Energy Corp的营收复合增速更高（35.0% vs -0.6%）
PPL公司是总部位于美国宾夕法尼亚州东部利哈伊谷阿伦敦的能源企业，于纽约证券交易所上市（股票代码：PPL），属标普500指数成分股。截至2022年，公司营收79亿美元，总资产超370亿美元，拥有6500名员工，服务360万客户。
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。
TLN vs TNET — 直观对比
营收规模更大
TNET
是对方的1.6倍
$758.0M
营收增速更快
TLN
高出116.9%
-2.2%
自由现金流更多
TLN
多$211.0M
$43.0M
两年增速更快
TLN
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $758.0M | $1.2B |
| 净利润 | $-363.0M | — |
| 毛利率 | — | — |
| 营业利润率 | -41.3% | 0.1% |
| 净利率 | -47.9% | — |
| 营收同比 | 114.7% | -2.2% |
| 净利润同比 | -542.7% | — |
| 每股收益（稀释后） | $-7.60 | $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TLNTNET
| Q4 25 | $758.0M | $1.2B | ||
| Q3 25 | $697.0M | $1.2B | ||
| Q2 25 | $409.0M | $1.2B | ||
| Q1 25 | $654.0M | $1.3B | ||
| Q4 24 | $353.0M | $1.3B | ||
| Q3 24 | $459.0M | $1.2B | ||
| Q2 24 | $346.0M | $1.2B | ||
| Q1 24 | $416.0M | $1.3B |
净利润TLNTNET
| Q4 25 | $-363.0M | — | ||
| Q3 25 | $207.0M | $34.0M | ||
| Q2 25 | $72.0M | $37.0M | ||
| Q1 25 | $-135.0M | $85.0M | ||
| Q4 24 | $82.0M | — | ||
| Q3 24 | $168.0M | $45.0M | ||
| Q2 24 | $454.0M | $60.0M | ||
| Q1 24 | $294.0M | $91.0M |
营业利润率TLNTNET
| Q4 25 | -41.3% | 0.1% | ||
| Q3 25 | 37.7% | 4.1% | ||
| Q2 25 | 16.1% | 4.1% | ||
| Q1 25 | -16.2% | 8.9% | ||
| Q4 24 | 4.5% | -2.9% | ||
| Q3 24 | 34.4% | 4.7% | ||
| Q2 24 | 7.8% | 6.5% | ||
| Q1 24 | 6.0% | 9.7% |
净利率TLNTNET
| Q4 25 | -47.9% | — | ||
| Q3 25 | 29.7% | 2.8% | ||
| Q2 25 | 17.6% | 3.0% | ||
| Q1 25 | -20.6% | 6.6% | ||
| Q4 24 | 23.2% | — | ||
| Q3 24 | 36.6% | 3.6% | ||
| Q2 24 | 131.2% | 4.9% | ||
| Q1 24 | 70.7% | 7.2% |
每股收益（稀释后）TLNTNET
| Q4 25 | $-7.60 | $0.02 | ||
| Q3 25 | $4.25 | $0.70 | ||
| Q2 25 | $1.50 | $0.77 | ||
| Q1 25 | $-2.94 | $1.71 | ||
| Q4 24 | $2.07 | $-0.44 | ||
| Q3 24 | $3.16 | $0.89 | ||
| Q2 24 | $7.60 | $1.20 | ||
| Q1 24 | $4.84 | $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 | $689.0M | $287.0M |
| 总债务越低越好 | $6.8B | — |
| 股东权益账面价值 | $1.1B | $54.0M |
| 总资产 | $10.9B | $3.8B |
| 负债/权益比越低杠杆越低 | 6.23× | — |
8季度趋势，按日历期对齐
现金及短期投资TLNTNET
| Q4 25 | $689.0M | $287.0M | ||
| Q3 25 | $497.0M | $321.0M | ||
| Q2 25 | $122.0M | $407.0M | ||
| Q1 25 | $295.0M | $349.0M | ||
| Q4 24 | $328.0M | $360.0M | ||
| Q3 24 | $648.0M | $301.0M | ||
| Q2 24 | $632.0M | $249.0M | ||
| Q1 24 | — | $383.0M |
总债务TLNTNET
| Q4 25 | $6.8B | — | ||
| Q3 25 | $3.0B | — | ||
| Q2 25 | $3.0B | — | ||
| Q1 25 | $3.0B | — | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $2.6B | — | ||
| Q2 24 | $2.6B | — | ||
| Q1 24 | — | — |
股东权益TLNTNET
| Q4 25 | $1.1B | $54.0M | ||
| Q3 25 | $1.5B | $110.0M | ||
| Q2 25 | $1.2B | $107.0M | ||
| Q1 25 | $1.2B | $63.0M | ||
| Q4 24 | $1.4B | $69.0M | ||
| Q3 24 | $2.4B | $129.0M | ||
| Q2 24 | $2.5B | $100.0M | ||
| Q1 24 | $2.8B | $143.0M |
总资产TLNTNET
| Q4 25 | $10.9B | $3.8B | ||
| Q3 25 | $6.1B | $3.4B | ||
| Q2 25 | $5.8B | $3.7B | ||
| Q1 25 | $5.9B | $3.8B | ||
| Q4 24 | $6.1B | $4.1B | ||
| Q3 24 | $6.8B | $3.7B | ||
| Q2 24 | $7.1B | $3.7B | ||
| Q1 24 | — | $4.0B |
负债/权益比TLNTNET
| Q4 25 | 6.23× | — | ||
| Q3 25 | 2.03× | — | ||
| Q2 25 | 2.40× | — | ||
| Q1 25 | 2.54× | — | ||
| Q4 24 | 2.17× | — | ||
| Q3 24 | 1.10× | — | ||
| Q2 24 | 1.05× | — | ||
| 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 | $280.0M | $61.0M |
| 自由现金流经营现金流 - 资本支出 | $254.0M | $43.0M |
| 自由现金流率自由现金流/营收 | 33.5% | 3.4% |
| 资本支出强度资本支出/营收 | 3.4% | 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 | $606.0M | $234.0M |
8季度趋势，按日历期对齐
经营现金流TLNTNET
| Q4 25 | $280.0M | $61.0M | ||
| Q3 25 | $489.0M | $72.0M | ||
| Q2 25 | $-184.0M | $75.0M | ||
| Q1 25 | $119.0M | $95.0M | ||
| Q4 24 | — | $65.0M | ||
| Q3 24 | $96.0M | $84.0M | ||
| Q2 24 | $-23.0M | $39.0M | ||
| Q1 24 | $173.0M | $91.0M |
自由现金流TLNTNET
| Q4 25 | $254.0M | $43.0M | ||
| Q3 25 | $468.0M | $55.0M | ||
| Q2 25 | $-217.0M | $57.0M | ||
| Q1 25 | $101.0M | $79.0M | ||
| Q4 24 | — | $47.0M | ||
| Q3 24 | $83.0M | $59.0M | ||
| Q2 24 | $-43.0M | $22.0M | ||
| Q1 24 | $148.0M | $73.0M |
自由现金流率TLNTNET
| Q4 25 | 33.5% | 3.4% | ||
| Q3 25 | 67.1% | 4.5% | ||
| Q2 25 | -53.1% | 4.6% | ||
| Q1 25 | 15.4% | 6.1% | ||
| Q4 24 | — | 3.7% | ||
| Q3 24 | 18.1% | 4.8% | ||
| Q2 24 | -12.4% | 1.8% | ||
| Q1 24 | 35.6% | 5.8% |
资本支出强度TLNTNET
| Q4 25 | 3.4% | 1.4% | ||
| Q3 25 | 3.0% | 1.4% | ||
| Q2 25 | 8.1% | 1.5% | ||
| Q1 25 | 2.8% | 1.2% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | 2.8% | 2.0% | ||
| Q2 24 | 5.8% | 1.4% | ||
| Q1 24 | 6.0% | 1.4% |
现金转化率TLNTNET
| Q4 25 | — | — | ||
| Q3 25 | 2.36× | 2.12× | ||
| Q2 25 | -2.56× | 2.03× | ||
| Q1 25 | — | 1.12× | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.57× | 1.87× | ||
| Q2 24 | -0.05× | 0.65× | ||
| Q1 24 | 0.59× | 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
TLN
| Electricity Sales And Ancillary Services | $555.0M | 73% |
| Operating Revenue Capacity | $182.0M | 24% |
| Physical Electricity Sales Bilateral Contracts Other | $21.0M | 3% |
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
