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TRINET GROUP, INC.（TNET）与Petco Health & Wellness Company, Inc.（WOOF）财务数据对比。点击上方公司名可切换其他公司
Petco Health & Wellness Company, Inc.的季度营收约是TRINET GROUP, INC.的1.2倍（$1.5B vs $1.2B），TRINET GROUP, INC.同比增速更快（-2.2% vs -3.1%），Petco Health & Wellness Company, Inc.自由现金流更多（$60.6M vs $43.0M），过去两年TRINET GROUP, INC.的营收复合增速更高（-0.6% vs -6.5%）
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。
Petco健康与 wellness公司是美国知名宠物零售商，总部分别设于圣迭戈与圣安东尼奥。公司主营宠物食品、宠物用品及相关宠物服务，同时也售卖部分品类的活宠小型宠物，是北美宠物零售领域的老牌企业。
TNET vs WOOF — 直观对比
营收规模更大
WOOF
是对方的1.2倍
$1.2B
营收增速更快
TNET
高出0.9%
-3.1%
自由现金流更多
WOOF
多$17.6M
$43.0M
两年增速更快
TNET
近两年复合增速
-6.5%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.5B |
| 净利润 | — | $9.3M |
| 毛利率 | — | 38.9% |
| 营业利润率 | 0.1% | 2.0% |
| 净利率 | — | 0.6% |
| 营收同比 | -2.2% | -3.1% |
| 净利润同比 | — | 156.0% |
| 每股收益（稀释后） | $0.02 | $0.03 |
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TNETWOOF
| Q4 25 | $1.2B | $1.5B | ||
| Q3 25 | $1.2B | $1.5B | ||
| Q2 25 | $1.2B | $1.5B | ||
| Q1 25 | $1.3B | $1.6B | ||
| Q4 24 | $1.3B | $1.5B | ||
| Q3 24 | $1.2B | $1.5B | ||
| Q2 24 | $1.2B | $1.5B | ||
| Q1 24 | $1.3B | $1.7B |
净利润TNETWOOF
| Q4 25 | — | $9.3M | ||
| Q3 25 | $34.0M | $14.0M | ||
| Q2 25 | $37.0M | $-11.7M | ||
| Q1 25 | $85.0M | $-13.8M | ||
| Q4 24 | — | $-16.7M | ||
| Q3 24 | $45.0M | $-24.8M | ||
| Q2 24 | $60.0M | $-46.5M | ||
| Q1 24 | $91.0M | $-22.6M |
毛利率TNETWOOF
| Q4 25 | — | 38.9% | ||
| Q3 25 | — | 39.3% | ||
| Q2 25 | — | 38.2% | ||
| Q1 25 | — | 38.0% | ||
| Q4 24 | — | 38.1% | ||
| Q3 24 | — | 38.1% | ||
| Q2 24 | — | 37.8% | ||
| Q1 24 | — | 36.2% |
营业利润率TNETWOOF
| Q4 25 | 0.1% | 2.0% | ||
| Q3 25 | 4.1% | 2.9% | ||
| Q2 25 | 4.1% | 1.1% | ||
| Q1 25 | 8.9% | 1.1% | ||
| Q4 24 | -2.9% | 0.3% | ||
| Q3 24 | 4.7% | 0.2% | ||
| Q2 24 | 6.5% | -1.1% | ||
| Q1 24 | 9.7% | 0.0% |
净利率TNETWOOF
| Q4 25 | — | 0.6% | ||
| Q3 25 | 2.8% | 0.9% | ||
| Q2 25 | 3.0% | -0.8% | ||
| Q1 25 | 6.6% | -0.9% | ||
| Q4 24 | — | -1.1% | ||
| Q3 24 | 3.6% | -1.6% | ||
| Q2 24 | 4.9% | -3.0% | ||
| Q1 24 | 7.2% | -1.3% |
每股收益（稀释后）TNETWOOF
| Q4 25 | $0.02 | $0.03 | ||
| Q3 25 | $0.70 | $0.05 | ||
| Q2 25 | $0.77 | $-0.04 | ||
| Q1 25 | $1.71 | $-0.05 | ||
| Q4 24 | $-0.44 | $-0.06 | ||
| Q3 24 | $0.89 | $-0.09 | ||
| Q2 24 | $1.20 | $-0.17 | ||
| Q1 24 | $1.78 | $-0.09 |
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 | $287.0M | $237.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $54.0M | $1.2B |
| 总资产 | $3.8B | $5.2B |
| 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TNETWOOF
| Q4 25 | $287.0M | $237.4M | ||
| Q3 25 | $321.0M | $188.7M | ||
| Q2 25 | $407.0M | $133.3M | ||
| Q1 25 | $349.0M | $165.8M | ||
| Q4 24 | $360.0M | $116.7M | ||
| Q3 24 | $301.0M | $127.6M | ||
| Q2 24 | $249.0M | $89.7M | ||
| Q1 24 | $383.0M | $125.4M |
股东权益TNETWOOF
| Q4 25 | $54.0M | $1.2B | ||
| Q3 25 | $110.0M | $1.1B | ||
| Q2 25 | $107.0M | $1.1B | ||
| Q1 25 | $63.0M | $1.1B | ||
| Q4 24 | $69.0M | $1.1B | ||
| Q3 24 | $129.0M | $1.1B | ||
| Q2 24 | $100.0M | $1.2B | ||
| Q1 24 | $143.0M | $1.2B |
总资产TNETWOOF
| Q4 25 | $3.8B | $5.2B | ||
| Q3 25 | $3.4B | $5.2B | ||
| Q2 25 | $3.7B | $5.1B | ||
| Q1 25 | $3.8B | $5.2B | ||
| Q4 24 | $4.1B | $5.2B | ||
| Q3 24 | $3.7B | $5.3B | ||
| Q2 24 | $3.7B | $5.3B | ||
| Q1 24 | $4.0B | $5.4B |
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 | $90.1M |
| 自由现金流经营现金流 - 资本支出 | $43.0M | $60.6M |
| 自由现金流率自由现金流/营收 | 3.4% | 4.1% |
| 资本支出强度资本支出/营收 | 1.4% | 2.0% |
| 现金转化率经营现金流/净利润 | — | 9.66× |
| 过去12个月自由现金流最近4个季度 | $234.0M | $129.6M |
8季度趋势，按日历期对齐
经营现金流TNETWOOF
| Q4 25 | $61.0M | $90.1M | ||
| Q3 25 | $72.0M | $85.9M | ||
| Q2 25 | $75.0M | $-15.5M | ||
| Q1 25 | $95.0M | $96.0M | ||
| Q4 24 | $65.0M | $20.7M | ||
| Q3 24 | $84.0M | $69.4M | ||
| Q2 24 | $39.0M | $-8.4M | ||
| Q1 24 | $91.0M | $47.0M |
自由现金流TNETWOOF
| Q4 25 | $43.0M | $60.6M | ||
| Q3 25 | $55.0M | $53.8M | ||
| Q2 25 | $57.0M | $-43.9M | ||
| Q1 25 | $79.0M | $59.0M | ||
| Q4 24 | $47.0M | $-10.3M | ||
| Q3 24 | $59.0M | $42.0M | ||
| Q2 24 | $22.0M | $-41.1M | ||
| Q1 24 | $73.0M | $-2.0M |
自由现金流率TNETWOOF
| Q4 25 | 3.4% | 4.1% | ||
| Q3 25 | 4.5% | 3.6% | ||
| Q2 25 | 4.6% | -2.9% | ||
| Q1 25 | 6.1% | 3.8% | ||
| Q4 24 | 3.7% | -0.7% | ||
| Q3 24 | 4.8% | 2.8% | ||
| Q2 24 | 1.8% | -2.7% | ||
| Q1 24 | 5.8% | -0.1% |
资本支出强度TNETWOOF
| Q4 25 | 1.4% | 2.0% | ||
| Q3 25 | 1.4% | 2.2% | ||
| Q2 25 | 1.5% | 1.9% | ||
| Q1 25 | 1.2% | 2.4% | ||
| Q4 24 | 1.4% | 2.1% | ||
| Q3 24 | 2.0% | 1.8% | ||
| Q2 24 | 1.4% | 2.1% | ||
| Q1 24 | 1.4% | 2.9% |
现金转化率TNETWOOF
| Q4 25 | — | 9.66× | ||
| Q3 25 | 2.12× | 6.15× | ||
| Q2 25 | 2.03× | — | ||
| Q1 25 | 1.12× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.87× | — | ||
| Q2 24 | 0.65× | — | ||
| Q1 24 | 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
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
WOOF
| Consumables | $731.5M | 50% |
| Supplies And Companion Animals | $478.1M | 33% |
| Services & Other | $254.8M | 17% |
