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Broadridge Financial Solutions（BR）与新美亚（SANM）财务数据对比。点击上方公司名可切换其他公司
新美亚的季度营收约是Broadridge Financial Solutions的1.9倍（$3.2B vs $1.7B），Broadridge Financial Solutions净利率更高（16.6% vs 1.5%，领先15.1%），新美亚同比增速更快（59.0% vs -5.4%），过去两年新美亚的营收复合增速更高（31.9% vs 10.4%）
Broadridge Financial Solutions是2007年从自动数据处理公司（ADP）分拆成立的上市企业服务及金融科技企业，总部位于纽约莱克萨克塞斯，为金融行业客户提供股东委托书、年报等金融单证服务，以及线上年会等股东沟通解决方案。
新美亚公司是总部位于美国加利福尼亚州圣何塞的电子制造服务（EMS）提供商，服务通信、计算机硬件领域的原始设备制造商（OEM）。集团拥有近80个生产基地，是全球规模最大的印刷电路板和背板独立制造商之一，2022年位列《财富》世界500强第482位。
BR vs SANM — 直观对比
营收规模更大
SANM
是对方的1.9倍
$1.7B
营收增速更快
SANM
高出64.4%
-5.4%
净利率更高
BR
高出15.1%
1.5%
两年增速更快
SANM
近两年复合增速
10.4%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $3.2B |
| 净利润 | $284.6M | $49.3M |
| 毛利率 | 27.6% | 7.6% |
| 营业利润率 | 12.0% | 2.3% |
| 净利率 | 16.6% | 1.5% |
| 营收同比 | -5.4% | 59.0% |
| 净利润同比 | 17.1% | -24.2% |
| 每股收益（稀释后） | $2.42 | $0.89 |
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BRSANM
| Q4 25 | $1.7B | $3.2B | ||
| Q3 25 | — | $2.1B | ||
| Q2 25 | $2.1B | $2.0B | ||
| Q1 25 | $1.8B | $2.0B | ||
| Q4 24 | $1.6B | $2.0B | ||
| Q3 24 | $1.4B | $2.0B | ||
| Q2 24 | $1.9B | $1.8B | ||
| Q1 24 | $1.7B | $1.8B |
净利润BRSANM
| Q4 25 | $284.6M | $49.3M | ||
| Q3 25 | — | $48.1M | ||
| Q2 25 | $374.2M | $68.6M | ||
| Q1 25 | $243.1M | $64.2M | ||
| Q4 24 | $142.4M | $65.0M | ||
| Q3 24 | $79.8M | $61.4M | ||
| Q2 24 | $323.2M | $51.6M | ||
| Q1 24 | $213.7M | $52.5M |
毛利率BRSANM
| Q4 25 | 27.6% | 7.6% | ||
| Q3 25 | — | 9.1% | ||
| Q2 25 | 37.3% | 8.9% | ||
| Q1 25 | 31.8% | 8.9% | ||
| Q4 24 | 27.9% | 8.4% | ||
| Q3 24 | 24.5% | 8.5% | ||
| Q2 24 | 35.5% | 8.3% | ||
| Q1 24 | 31.2% | 8.4% |
营业利润率BRSANM
| Q4 25 | 12.0% | 2.3% | ||
| Q3 25 | — | 3.7% | ||
| Q2 25 | 24.1% | 4.7% | ||
| Q1 25 | 19.0% | 4.6% | ||
| Q4 24 | 13.3% | 4.4% | ||
| Q3 24 | 9.4% | 4.4% | ||
| Q2 24 | 22.7% | 4.5% | ||
| Q1 24 | 17.5% | 4.1% |
净利率BRSANM
| Q4 25 | 16.6% | 1.5% | ||
| Q3 25 | — | 2.3% | ||
| Q2 25 | 18.1% | 3.4% | ||
| Q1 25 | 13.4% | 3.2% | ||
| Q4 24 | 9.0% | 3.2% | ||
| Q3 24 | 5.6% | 3.0% | ||
| Q2 24 | 16.6% | 2.8% | ||
| Q1 24 | 12.4% | 2.9% |
每股收益（稀释后）BRSANM
| Q4 25 | $2.42 | $0.89 | ||
| Q3 25 | — | $0.88 | ||
| Q2 25 | $3.17 | $1.26 | ||
| Q1 25 | $2.05 | $1.16 | ||
| Q4 24 | $1.20 | $1.16 | ||
| Q3 24 | $0.68 | $1.09 | ||
| Q2 24 | $2.72 | $0.91 | ||
| Q1 24 | $1.79 | $0.93 |
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 | $371.5M | $1.4B |
| 总债务越低越好 | $3.2B | $2.2B |
| 股东权益账面价值 | $2.9B | $2.7B |
| 总资产 | $8.6B | $9.8B |
| 负债/权益比越低杠杆越低 | 1.10× | 0.82× |
8季度趋势，按日历期对齐
现金及短期投资BRSANM
| Q4 25 | $371.5M | $1.4B | ||
| Q3 25 | — | $926.3M | ||
| Q2 25 | $562.2M | $797.9M | ||
| Q1 25 | $317.9M | $647.1M | ||
| Q4 24 | $290.6M | $642.4M | ||
| Q3 24 | $293.5M | $625.9M | ||
| Q2 24 | $305.2M | $657.7M | ||
| Q1 24 | $236.4M | $650.9M |
总债务BRSANM
| Q4 25 | $3.2B | $2.2B | ||
| Q3 25 | — | $300.5M | ||
| Q2 25 | $3.3B | — | ||
| Q1 25 | $3.4B | — | ||
| Q4 24 | $3.7B | — | ||
| Q3 24 | $3.6B | — | ||
| Q2 24 | $3.4B | — | ||
| Q1 24 | $3.5B | — |
股东权益BRSANM
| Q4 25 | $2.9B | $2.7B | ||
| Q3 25 | — | $2.5B | ||
| Q2 25 | $2.7B | $2.5B | ||
| Q1 25 | $2.4B | $2.4B | ||
| Q4 24 | $2.2B | $2.4B | ||
| Q3 24 | $2.2B | $2.4B | ||
| Q2 24 | $2.2B | $2.3B | ||
| Q1 24 | $2.3B | $2.3B |
总资产BRSANM
| Q4 25 | $8.6B | $9.8B | ||
| Q3 25 | — | $5.9B | ||
| Q2 25 | $8.5B | $5.2B | ||
| Q1 25 | $8.3B | $5.0B | ||
| Q4 24 | $8.2B | $4.8B | ||
| Q3 24 | $8.0B | $4.8B | ||
| Q2 24 | $8.2B | $4.7B | ||
| Q1 24 | $8.2B | $4.7B |
负债/权益比BRSANM
| Q4 25 | 1.10× | 0.82× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | 1.22× | — | ||
| Q1 25 | 1.44× | — | ||
| Q4 24 | 1.64× | — | ||
| Q3 24 | 1.63× | — | ||
| Q2 24 | 1.55× | — | ||
| Q1 24 | 1.55× | — |
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 | — | $178.7M |
| 自由现金流经营现金流 - 资本支出 | — | $91.9M |
| 自由现金流率自由现金流/营收 | — | 2.9% |
| 资本支出强度资本支出/营收 | — | 2.7% |
| 现金转化率经营现金流/净利润 | — | 3.63× |
| 过去12个月自由现金流最近4个季度 | — | $518.3M |
8季度趋势，按日历期对齐
经营现金流BRSANM
| Q4 25 | — | $178.7M | ||
| Q3 25 | — | $199.1M | ||
| Q2 25 | $699.7M | $200.8M | ||
| Q1 25 | $360.4M | $156.9M | ||
| Q4 24 | $236.7M | $63.9M | ||
| Q3 24 | $-125.5M | $51.9M | ||
| Q2 24 | $721.0M | $90.0M | ||
| Q1 24 | $207.4M | $72.3M |
自由现金流BRSANM
| Q4 25 | — | $91.9M | ||
| Q3 25 | — | $136.6M | ||
| Q2 25 | $684.1M | $163.7M | ||
| Q1 25 | $348.9M | $126.1M | ||
| Q4 24 | $227.9M | $46.9M | ||
| Q3 24 | $-133.4M | $27.2M | ||
| Q2 24 | $703.2M | $67.2M | ||
| Q1 24 | $184.6M | $42.7M |
自由现金流率BRSANM
| Q4 25 | — | 2.9% | ||
| Q3 25 | — | 6.5% | ||
| Q2 25 | 33.1% | 8.0% | ||
| Q1 25 | 19.3% | 6.4% | ||
| Q4 24 | 14.3% | 2.3% | ||
| Q3 24 | -9.4% | 1.4% | ||
| Q2 24 | 36.2% | 3.7% | ||
| Q1 24 | 10.7% | 2.3% |
资本支出强度BRSANM
| Q4 25 | — | 2.7% | ||
| Q3 25 | — | 3.0% | ||
| Q2 25 | 0.8% | 1.8% | ||
| Q1 25 | 0.6% | 1.5% | ||
| Q4 24 | 0.6% | 0.9% | ||
| Q3 24 | 0.6% | 1.2% | ||
| Q2 24 | 0.9% | 1.2% | ||
| Q1 24 | 1.3% | 1.6% |
现金转化率BRSANM
| Q4 25 | — | 3.63× | ||
| Q3 25 | — | 4.14× | ||
| Q2 25 | 1.87× | 2.93× | ||
| Q1 25 | 1.48× | 2.44× | ||
| Q4 24 | 1.66× | 0.98× | ||
| Q3 24 | -1.57× | 0.85× | ||
| Q2 24 | 2.23× | 1.74× | ||
| Q1 24 | 0.97× | 1.38× |
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
BR
| Recurring Fee Revenue Investor Communication Solutions | $589.5M | 34% |
| Recurring Fee Revenue Capital Markets | $300.9M | 18% |
| Recurring Fee Revenue Regulatory | $248.7M | 15% |
| Recurring Fee Revenue Customer Communications | $189.2M | 11% |
| Recurring Fee Revenue Wealth And Investment Management | $179.7M | 10% |
| Recurring Fee Revenue Data Driven Fund Solutions | $112.7M | 7% |
| Event Driven Revenue Mutual Funds | $51.4M | 3% |
| Event Driven Revenue Equity And Other | $39.2M | 2% |
| Global Technology And Operations | $7.5M | 0% |
SANM
| Industrial And Energy Medical Defense And Aerospace And Automotive And Transportation | $1.2B | 38% |
| ZT Systems | $1.1B | 34% |
| Other Segments CPS | $434.3M | 14% |
| CPS Third Party Revenue | $412.7M | 13% |
| Change In Accounting Method Accounted For As Change In Estimate | $2.7M | 0% |
