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Side-by-side financial comparison of American Healthcare REIT, Inc. (AHR) and SCANSOURCE, INC. (SCSC). Click either name above to swap in a different company.
SCANSOURCE, INC. is the larger business by last-quarter revenue ($766.5M vs $564.0M, roughly 1.4× American Healthcare REIT, Inc.). SCANSOURCE, INC. runs the higher net margin — 2.2% vs 1.9%, a 0.2% gap on every dollar of revenue. On growth, American Healthcare REIT, Inc. posted the faster year-over-year revenue change (13.5% vs 2.5%). Over the past eight quarters, American Healthcare REIT, Inc.'s revenue compounded faster (11.7% CAGR vs 0.9%).
Medical Properties Trust, Inc. (MPT) is an international real estate investment trust (REIT) based in Birmingham, Alabama that purchases and invests in healthcare facilities and for-profit healthcare holding companies, primarily in the United States and Europe. Their property acquisitions often come in the form of sale-leaseback agreements, in which the original property owner sells the property to MPT and becomes their tenant. MPT's tenants are generally subject to long-term triple net lease...
ScanSource, Inc. is a leading global specialty technology distributor offering a broad portfolio of solutions including point-of-sale systems, barcode scanning tools, cybersecurity products, cloud services and communication solutions. It primarily serves value-added resellers, managed service providers and enterprise clients across North America, Latin America and Europe, covering retail, healthcare, industrial and public sector core segments.
AHR vs SCSC — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $564.0M | $766.5M |
| Net Profit | $10.8M | $16.5M |
| Gross Margin | 14.8% | 13.4% |
| Operating Margin | 19.8% | 2.3% |
| Net Margin | 1.9% | 2.2% |
| Revenue YoY | 13.5% | 2.5% |
| Net Profit YoY | 133.9% | -3.3% |
| EPS (diluted) | $0.07 | $0.75 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $564.0M | $766.5M | ||
| Q3 25 | $532.1M | $739.6M | ||
| Q2 25 | $501.3M | $812.9M | ||
| Q1 25 | $497.2M | $704.8M | ||
| Q4 24 | $496.8M | $747.5M | ||
| Q3 24 | $476.8M | $775.6M | ||
| Q2 24 | $458.0M | $746.1M | ||
| Q1 24 | $452.1M | $752.6M |
| Q4 25 | $10.8M | $16.5M | ||
| Q3 25 | $55.9M | $19.9M | ||
| Q2 25 | $9.9M | $20.1M | ||
| Q1 25 | $-6.8M | $17.4M | ||
| Q4 24 | $-31.8M | $17.1M | ||
| Q3 24 | $-4.1M | $17.0M | ||
| Q2 24 | $2.0M | $16.1M | ||
| Q1 24 | $-3.9M | $12.8M |
| Q4 25 | 14.8% | 13.4% | ||
| Q3 25 | 14.6% | 14.5% | ||
| Q2 25 | 15.0% | 12.9% | ||
| Q1 25 | 13.0% | 14.2% | ||
| Q4 24 | 13.3% | 13.6% | ||
| Q3 24 | 12.5% | 13.1% | ||
| Q2 24 | 12.1% | 13.0% | ||
| Q1 24 | 10.7% | 12.6% |
| Q4 25 | 19.8% | 2.3% | ||
| Q3 25 | 19.9% | 3.5% | ||
| Q2 25 | 20.6% | 3.3% | ||
| Q1 25 | 19.0% | 3.2% | ||
| Q4 24 | 20.0% | 2.5% | ||
| Q3 24 | 19.6% | 2.3% | ||
| Q2 24 | 19.4% | 2.9% | ||
| Q1 24 | 18.2% | 2.3% |
| Q4 25 | 1.9% | 2.2% | ||
| Q3 25 | 10.5% | 2.7% | ||
| Q2 25 | 2.0% | 2.5% | ||
| Q1 25 | -1.4% | 2.5% | ||
| Q4 24 | -6.4% | 2.3% | ||
| Q3 24 | -0.9% | 2.2% | ||
| Q2 24 | 0.4% | 2.2% | ||
| Q1 24 | -0.9% | 1.7% |
| Q4 25 | $0.07 | $0.75 | ||
| Q3 25 | $0.33 | $0.89 | ||
| Q2 25 | $0.06 | $0.87 | ||
| Q1 25 | $-0.04 | $0.74 | ||
| Q4 24 | $-0.23 | $0.70 | ||
| Q3 24 | $-0.03 | $0.69 | ||
| Q2 24 | $0.01 | $0.66 | ||
| Q1 24 | $-0.04 | $0.50 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $114.8M | $83.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.3B | $910.9M |
| Total Assets | $5.4B | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $114.8M | $83.5M | ||
| Q3 25 | $147.4M | $124.9M | ||
| Q2 25 | $133.5M | $126.2M | ||
| Q1 25 | $86.1M | $146.3M | ||
| Q4 24 | $76.7M | $110.5M | ||
| Q3 24 | $67.8M | $145.0M | ||
| Q2 24 | $52.1M | $185.5M | ||
| Q1 24 | $77.0M | $159.1M |
| Q4 25 | $3.3B | $910.9M | ||
| Q3 25 | $2.7B | $914.0M | ||
| Q2 25 | $2.4B | $906.4M | ||
| Q1 25 | $2.3B | $901.7M | ||
| Q4 24 | $2.3B | $900.7M | ||
| Q3 24 | $2.2B | $920.9M | ||
| Q2 24 | $1.9B | $924.3M | ||
| Q1 24 | $2.0B | $944.1M |
| Q4 25 | $5.4B | $1.7B | ||
| Q3 25 | $4.8B | $1.7B | ||
| Q2 25 | $4.5B | $1.8B | ||
| Q1 25 | $4.5B | $1.7B | ||
| Q4 24 | $4.5B | $1.7B | ||
| Q3 24 | $4.7B | $1.8B | ||
| Q2 24 | $4.6B | $1.8B | ||
| Q1 24 | $4.7B | $1.8B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $55.2M | $30.8M |
| Free Cash FlowOCF − Capex | — | $28.9M |
| FCF MarginFCF / Revenue | — | 3.8% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | 5.12× | 1.87× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $55.2M | $30.8M | ||
| Q3 25 | $107.2M | $23.2M | ||
| Q2 25 | $71.5M | — | ||
| Q1 25 | $60.6M | $66.1M | ||
| Q4 24 | $59.5M | $-6.2M | ||
| Q3 24 | $63.1M | $44.8M | ||
| Q2 24 | $59.4M | — | ||
| Q1 24 | $-6.0M | $160.2M |
| Q4 25 | — | $28.9M | ||
| Q3 25 | — | $20.8M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $64.6M | ||
| Q4 24 | — | $-8.2M | ||
| Q3 24 | — | $42.5M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $157.7M |
| Q4 25 | — | 3.8% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 9.2% | ||
| Q4 24 | — | -1.1% | ||
| Q3 24 | — | 5.5% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 21.0% |
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | 0.3% |
| Q4 25 | 5.12× | 1.87× | ||
| Q3 25 | 1.92× | 1.17× | ||
| Q2 25 | 7.21× | — | ||
| Q1 25 | — | 3.79× | ||
| Q4 24 | — | -0.36× | ||
| Q3 24 | — | 2.64× | ||
| Q2 24 | 30.02× | — | ||
| Q1 24 | — | 12.51× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AHR
| Integrated Senior Health Campuses | $467.0M | 83% |
| SHOP | $97.0M | 17% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
