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TRINET GROUP, INC.（TNET）与西联汇款（WU）财务数据对比。点击上方公司名可切换其他公司
TRINET GROUP, INC.的季度营收约是西联汇款的1.3倍（$1.2B vs $982.7M），西联汇款同比增速更快（0.0% vs -2.2%），过去两年TRINET GROUP, INC.的营收复合增速更高（-0.6% vs -1.9%）
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。
西联汇款是总部位于美国科罗拉多州丹佛市的跨国金融服务企业，在全球范围内为个人及机构用户提供便捷的跨境汇款、支付等相关金融服务，凭借广泛的服务网点覆盖和成熟的业务体系，在跨境资金流转领域拥有较高的行业知名度。
TNET vs WU — 直观对比
营收规模更大
TNET
是对方的1.3倍
$982.7M
营收增速更快
WU
高出2.2%
-2.2%
两年增速更快
TNET
近两年复合增速
-1.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $982.7M |
| 净利润 | — | $64.7M |
| 毛利率 | — | — |
| 营业利润率 | 0.1% | 12.5% |
| 净利率 | — | 6.6% |
| 营收同比 | -2.2% | 0.0% |
| 净利润同比 | — | -47.6% |
| 每股收益（稀释后） | $0.02 | $0.41 |
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TNETWU
| Q1 26 | — | $982.7M | ||
| Q4 25 | $1.2B | $972.0M | ||
| Q3 25 | $1.2B | $985.3M | ||
| Q2 25 | $1.2B | $983.6M | ||
| Q1 25 | $1.3B | $938.7M | ||
| Q4 24 | $1.3B | $1.0B | ||
| Q3 24 | $1.2B | $993.4M | ||
| Q2 24 | $1.2B | $1.0B |
净利润TNETWU
| Q1 26 | — | $64.7M | ||
| Q4 25 | — | $114.4M | ||
| Q3 25 | $34.0M | $139.6M | ||
| Q2 25 | $37.0M | $122.1M | ||
| Q1 25 | $85.0M | $123.5M | ||
| Q4 24 | — | $385.7M | ||
| Q3 24 | $45.0M | $264.8M | ||
| Q2 24 | $60.0M | $141.0M |
毛利率TNETWU
| Q1 26 | — | — | ||
| Q4 25 | — | 33.6% | ||
| Q3 25 | — | 34.7% | ||
| Q2 25 | — | 34.6% | ||
| Q1 25 | — | 34.0% | ||
| Q4 24 | — | 35.0% | ||
| Q3 24 | — | 34.2% | ||
| Q2 24 | — | 35.0% |
营业利润率TNETWU
| Q1 26 | — | 12.5% | ||
| Q4 25 | 0.1% | 19.1% | ||
| Q3 25 | 4.1% | 20.5% | ||
| Q2 25 | 4.1% | 19.6% | ||
| Q1 25 | 8.9% | 18.9% | ||
| Q4 24 | -2.9% | 17.5% | ||
| Q3 24 | 4.7% | 16.6% | ||
| Q2 24 | 6.5% | 18.7% |
净利率TNETWU
| Q1 26 | — | 6.6% | ||
| Q4 25 | — | 11.8% | ||
| Q3 25 | 2.8% | 14.2% | ||
| Q2 25 | 3.0% | 12.4% | ||
| Q1 25 | 6.6% | 13.2% | ||
| Q4 24 | — | 37.9% | ||
| Q3 24 | 3.6% | 26.7% | ||
| Q2 24 | 4.9% | 13.8% |
每股收益（稀释后）TNETWU
| Q1 26 | — | $0.41 | ||
| Q4 25 | $0.02 | $0.36 | ||
| Q3 25 | $0.70 | $0.43 | ||
| Q2 25 | $0.77 | $0.37 | ||
| Q1 25 | $1.71 | $0.36 | ||
| Q4 24 | $-0.44 | $1.14 | ||
| Q3 24 | $0.89 | $0.78 | ||
| Q2 24 | $1.20 | $0.41 |
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 | $909.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $54.0M | $910.5M |
| 总资产 | $3.8B | $8.1B |
| 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TNETWU
| Q1 26 | — | $909.2M | ||
| Q4 25 | $287.0M | $1.2B | ||
| Q3 25 | $321.0M | $947.8M | ||
| Q2 25 | $407.0M | $1.0B | ||
| Q1 25 | $349.0M | $1.3B | ||
| Q4 24 | $360.0M | $1.5B | ||
| Q3 24 | $301.0M | $1.1B | ||
| Q2 24 | $249.0M | $1.0B |
总债务TNETWU
| Q1 26 | — | — | ||
| Q4 25 | — | $2.9B | ||
| Q3 25 | — | $2.5B | ||
| Q2 25 | — | $2.5B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | — | $3.0B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | — | $2.1B |
股东权益TNETWU
| Q1 26 | — | $910.5M | ||
| Q4 25 | $54.0M | $957.8M | ||
| Q3 25 | $110.0M | $925.4M | ||
| Q2 25 | $107.0M | $883.6M | ||
| Q1 25 | $63.0M | $939.4M | ||
| Q4 24 | $69.0M | $968.9M | ||
| Q3 24 | $129.0M | $652.7M | ||
| Q2 24 | $100.0M | $440.8M |
总资产TNETWU
| Q1 26 | — | $8.1B | ||
| Q4 25 | $3.8B | $8.3B | ||
| Q3 25 | $3.4B | $7.8B | ||
| Q2 25 | $3.7B | $8.0B | ||
| Q1 25 | $3.8B | $8.3B | ||
| Q4 24 | $4.1B | $8.4B | ||
| Q3 24 | $3.7B | $7.7B | ||
| Q2 24 | $3.7B | $8.0B |
负债/权益比TNETWU
| Q1 26 | — | — | ||
| Q4 25 | — | 3.01× | ||
| Q3 25 | — | 2.70× | ||
| Q2 25 | — | 2.83× | ||
| Q1 25 | — | 2.61× | ||
| Q4 24 | — | 3.04× | ||
| Q3 24 | — | 3.29× | ||
| Q2 24 | — | 4.88× |
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 | $109.0M |
| 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% | 4.8% |
| 现金转化率经营现金流/净利润 | — | 1.68× |
| 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TNETWU
| Q1 26 | — | $109.0M | ||
| Q4 25 | $61.0M | $135.4M | ||
| Q3 25 | $72.0M | $260.4M | ||
| Q2 25 | $75.0M | $-300.0K | ||
| Q1 25 | $95.0M | $148.2M | ||
| Q4 24 | $65.0M | $134.0M | ||
| Q3 24 | $84.0M | $212.1M | ||
| Q2 24 | $39.0M | $-33.8M |
自由现金流TNETWU
| Q1 26 | — | — | ||
| Q4 25 | $43.0M | $115.5M | ||
| Q3 25 | $55.0M | $252.7M | ||
| Q2 25 | $57.0M | $-7.8M | ||
| Q1 25 | $79.0M | $144.8M | ||
| Q4 24 | $47.0M | $119.7M | ||
| Q3 24 | $59.0M | $205.1M | ||
| Q2 24 | $22.0M | $-38.9M |
自由现金流率TNETWU
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | 11.9% | ||
| Q3 25 | 4.5% | 25.6% | ||
| Q2 25 | 4.6% | -0.8% | ||
| Q1 25 | 6.1% | 15.4% | ||
| Q4 24 | 3.7% | 11.8% | ||
| Q3 24 | 4.8% | 20.6% | ||
| Q2 24 | 1.8% | -3.8% |
资本支出强度TNETWU
| Q1 26 | — | 4.8% | ||
| Q4 25 | 1.4% | 2.0% | ||
| Q3 25 | 1.4% | 0.8% | ||
| Q2 25 | 1.5% | 0.8% | ||
| Q1 25 | 1.2% | 0.4% | ||
| Q4 24 | 1.4% | 1.4% | ||
| Q3 24 | 2.0% | 0.7% | ||
| Q2 24 | 1.4% | 0.5% |
现金转化率TNETWU
| Q1 26 | — | 1.68× | ||
| Q4 25 | — | 1.18× | ||
| Q3 25 | 2.12× | 1.87× | ||
| Q2 25 | 2.03× | -0.00× | ||
| Q1 25 | 1.12× | 1.20× | ||
| Q4 24 | — | 0.35× | ||
| Q3 24 | 1.87× | 0.80× | ||
| Q2 24 | 0.65× | -0.24× |
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% |
WU
暂无分部数据
