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BrightView Holdings, Inc.（BV）与SCANSOURCE, INC.（SCSC）财务数据对比。点击上方公司名可切换其他公司
SCANSOURCE, INC.的季度营收约是BrightView Holdings, Inc.的1.2倍（$766.5M vs $614.7M），SCANSOURCE, INC.净利率更高（2.2% vs -2.5%，领先4.6%），BrightView Holdings, Inc.同比增速更快（2.6% vs 2.5%），SCANSOURCE, INC.自由现金流更多（$28.9M vs $-18.6M），过去两年SCANSOURCE, INC.的营收复合增速更高（0.9% vs -4.4%）
BrightView Holdings是美国领先的商业景观服务提供商，业务涵盖景观设计、施工、日常养护、灌溉系统管理、除雪除冰等，服务客户覆盖企业园区、商业中心、住宅社区及公共部门等场景。
ScanSource是全球领先的专业技术分销商，主营销售点系统、条码扫描设备、网络安全产品、云服务及通信解决方案，面向北美、拉美、欧洲的增值经销商、服务提供商及企业客户，覆盖零售、医疗、工业、公共部门等领域。
BV vs SCSC — 直观对比
营收规模更大
SCSC
是对方的1.2倍
$614.7M
营收增速更快
BV
高出0.0%
2.5%
净利率更高
SCSC
高出4.6%
-2.5%
自由现金流更多
SCSC
多$47.5M
$-18.6M
两年增速更快
SCSC
近两年复合增速
-4.4%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $614.7M | $766.5M |
| 净利润 | $-15.2M | $16.5M |
| 毛利率 | 18.6% | 13.4% |
| 营业利润率 | -1.2% | 2.3% |
| 净利率 | -2.5% | 2.2% |
| 营收同比 | 2.6% | 2.5% |
| 净利润同比 | -46.2% | -3.3% |
| 每股收益（稀释后） | $-0.26 | $0.75 |
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BVSCSC
| Q4 25 | $614.7M | $766.5M | ||
| Q3 25 | $702.7M | $739.6M | ||
| Q2 25 | $708.3M | $812.9M | ||
| Q1 25 | $662.6M | $704.8M | ||
| Q4 24 | $599.2M | $747.5M | ||
| Q3 24 | $728.7M | $775.6M | ||
| Q2 24 | $738.8M | $746.1M | ||
| Q1 24 | $672.9M | $752.6M |
净利润BVSCSC
| Q4 25 | $-15.2M | $16.5M | ||
| Q3 25 | $27.7M | $19.9M | ||
| Q2 25 | $32.3M | $20.1M | ||
| Q1 25 | $6.4M | $17.4M | ||
| Q4 24 | $-10.4M | $17.1M | ||
| Q3 24 | $25.6M | $17.0M | ||
| Q2 24 | $23.5M | $16.1M | ||
| Q1 24 | $33.7M | $12.8M |
毛利率BVSCSC
| Q4 25 | 18.6% | 13.4% | ||
| Q3 25 | 25.1% | 14.5% | ||
| Q2 25 | 24.1% | 12.9% | ||
| Q1 25 | 22.3% | 14.2% | ||
| Q4 24 | 21.2% | 13.6% | ||
| Q3 24 | 25.0% | 13.1% | ||
| Q2 24 | 24.0% | 13.0% | ||
| Q1 24 | 22.6% | 12.6% |
营业利润率BVSCSC
| Q4 25 | -1.2% | 2.3% | ||
| Q3 25 | 7.9% | 3.5% | ||
| Q2 25 | 8.1% | 3.3% | ||
| Q1 25 | 3.4% | 3.2% | ||
| Q4 24 | -0.1% | 2.5% | ||
| Q3 24 | 7.1% | 2.3% | ||
| Q2 24 | 6.6% | 2.9% | ||
| Q1 24 | 9.2% | 2.3% |
净利率BVSCSC
| Q4 25 | -2.5% | 2.2% | ||
| Q3 25 | 3.9% | 2.7% | ||
| Q2 25 | 4.6% | 2.5% | ||
| Q1 25 | 1.0% | 2.5% | ||
| Q4 24 | -1.7% | 2.3% | ||
| Q3 24 | 3.5% | 2.2% | ||
| Q2 24 | 3.2% | 2.2% | ||
| Q1 24 | 5.0% | 1.7% |
每股收益（稀释后）BVSCSC
| Q4 25 | $-0.26 | $0.75 | ||
| Q3 25 | $0.21 | $0.89 | ||
| Q2 25 | $0.15 | $0.87 | ||
| Q1 25 | $-0.03 | $0.74 | ||
| Q4 24 | $-0.20 | $0.70 | ||
| Q3 24 | $0.20 | $0.69 | ||
| Q2 24 | $0.10 | $0.66 | ||
| Q1 24 | $0.17 | $0.50 |
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 | $37.0M | $83.5M |
| 总债务越低越好 | $801.1M | — |
| 股东权益账面价值 | $1.3B | $910.9M |
| 总资产 | $3.3B | $1.7B |
| 负债/权益比越低杠杆越低 | 0.64× | — |
8季度趋势，按日历期对齐
现金及短期投资BVSCSC
| Q4 25 | $37.0M | $83.5M | ||
| Q3 25 | $74.5M | $124.9M | ||
| Q2 25 | $79.1M | $126.2M | ||
| Q1 25 | $141.3M | $146.3M | ||
| Q4 24 | $98.3M | $110.5M | ||
| Q3 24 | $140.4M | $145.0M | ||
| Q2 24 | $115.9M | $185.5M | ||
| Q1 24 | $177.3M | $159.1M |
总债务BVSCSC
| Q4 25 | $801.1M | — | ||
| Q3 25 | $790.2M | — | ||
| Q2 25 | $790.7M | — | ||
| Q1 25 | $798.9M | — | ||
| Q4 24 | $796.5M | — | ||
| Q3 24 | $802.5M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益BVSCSC
| Q4 25 | $1.3B | $910.9M | ||
| Q3 25 | $1.3B | $914.0M | ||
| Q2 25 | $1.3B | $906.4M | ||
| Q1 25 | $1.3B | $901.7M | ||
| Q4 24 | $1.3B | $900.7M | ||
| Q3 24 | $1.3B | $920.9M | ||
| Q2 24 | $1.3B | $924.3M | ||
| Q1 24 | $1.2B | $944.1M |
总资产BVSCSC
| Q4 25 | $3.3B | $1.7B | ||
| Q3 25 | $3.4B | $1.7B | ||
| Q2 25 | $3.4B | $1.8B | ||
| Q1 25 | $3.3B | $1.7B | ||
| Q4 24 | $3.3B | $1.7B | ||
| Q3 24 | $3.4B | $1.8B | ||
| Q2 24 | $3.4B | $1.8B | ||
| Q1 24 | $3.4B | $1.8B |
负债/权益比BVSCSC
| Q4 25 | 0.64× | — | ||
| Q3 25 | 0.61× | — | ||
| Q2 25 | 0.62× | — | ||
| Q1 25 | 0.63× | — | ||
| Q4 24 | 0.63× | — | ||
| Q3 24 | 0.63× | — | ||
| Q2 24 | — | — | ||
| 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 | $36.1M | $30.8M |
| 自由现金流经营现金流 - 资本支出 | $-18.6M | $28.9M |
| 自由现金流率自由现金流/营收 | -3.0% | 3.8% |
| 资本支出强度资本支出/营收 | 8.9% | 0.3% |
| 现金转化率经营现金流/净利润 | — | 1.87× |
| 过去12个月自由现金流最近4个季度 | $17.2M | — |
8季度趋势，按日历期对齐
经营现金流BVSCSC
| Q4 25 | $36.1M | $30.8M | ||
| Q3 25 | $84.4M | $23.2M | ||
| Q2 25 | $55.7M | — | ||
| Q1 25 | $91.2M | $66.1M | ||
| Q4 24 | $60.5M | $-6.2M | ||
| Q3 24 | $53.5M | $44.8M | ||
| Q2 24 | $42.6M | — | ||
| Q1 24 | $83.3M | $160.2M |
自由现金流BVSCSC
| Q4 25 | $-18.6M | $28.9M | ||
| Q3 25 | $26.0M | $20.8M | ||
| Q2 25 | $-47.8M | — | ||
| Q1 25 | $57.6M | $64.6M | ||
| Q4 24 | $1.8M | $-8.2M | ||
| Q3 24 | $21.1M | $42.5M | ||
| Q2 24 | $19.3M | — | ||
| Q1 24 | $70.7M | $157.7M |
自由现金流率BVSCSC
| Q4 25 | -3.0% | 3.8% | ||
| Q3 25 | 3.7% | 2.8% | ||
| Q2 25 | -6.7% | — | ||
| Q1 25 | 8.7% | 9.2% | ||
| Q4 24 | 0.3% | -1.1% | ||
| Q3 24 | 2.9% | 5.5% | ||
| Q2 24 | 2.6% | — | ||
| Q1 24 | 10.5% | 21.0% |
资本支出强度BVSCSC
| Q4 25 | 8.9% | 0.3% | ||
| Q3 25 | 8.3% | 0.3% | ||
| Q2 25 | 14.6% | 0.3% | ||
| Q1 25 | 5.1% | 0.2% | ||
| Q4 24 | 9.8% | 0.3% | ||
| Q3 24 | 4.4% | 0.3% | ||
| Q2 24 | 3.2% | 0.2% | ||
| Q1 24 | 1.9% | 0.3% |
现金转化率BVSCSC
| Q4 25 | — | 1.87× | ||
| Q3 25 | 3.05× | 1.17× | ||
| Q2 25 | 1.72× | — | ||
| Q1 25 | 14.25× | 3.79× | ||
| Q4 24 | — | -0.36× | ||
| Q3 24 | 2.09× | 2.64× | ||
| Q2 24 | 1.81× | — | ||
| Q1 24 | 2.47× | 12.51× |
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
BV
| Landscape Maintenance | $368.0M | 60% |
| Development Services Segment | $179.2M | 29% |
| Snow Removal | $68.4M | 11% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
