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CAL-MAINE FOODS INC（CALM）与SCANSOURCE, INC.（SCSC）财务数据对比。点击上方公司名可切换其他公司
CAL-MAINE FOODS INC的季度营收约是SCANSOURCE, INC.的1.0倍（$769.5M vs $766.5M），CAL-MAINE FOODS INC净利率更高（13.4% vs 2.2%，领先11.2%），SCANSOURCE, INC.同比增速更快（2.5% vs -19.4%），CAL-MAINE FOODS INC自由现金流更多（$47.9M vs $28.9M），过去两年CAL-MAINE FOODS INC的营收复合增速更高（29.4% vs 0.9%）
卡尔梅恩食品公司是总部位于美国密西西比州里奇兰的鲜蛋生产商，截至2024年是美国规模最大的蛋品企业。公司旗下拥有Egg-Land's Best、Land O'Lakes等多个知名蛋品品牌，1957年由弗雷德·R·亚当斯二世创立，亚当斯家族持有企业控股权，目前在纳斯达克挂牌上市。
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。
CALM vs SCSC — 直观对比
营收规模更大
CALM
是对方的1.0倍
$766.5M
营收增速更快
SCSC
高出21.9%
-19.4%
净利率更高
CALM
高出11.2%
2.2%
自由现金流更多
CALM
多$19.1M
$28.9M
两年增速更快
CALM
近两年复合增速
0.9%
损益表 — Q2 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $769.5M | $766.5M |
| 净利润 | $102.8M | $16.5M |
| 毛利率 | 27.0% | 13.4% |
| 营业利润率 | 16.1% | 2.3% |
| 净利率 | 13.4% | 2.2% |
| 营收同比 | -19.4% | 2.5% |
| 净利润同比 | -53.1% | -3.3% |
| 每股收益（稀释后） | $2.13 | $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CALMSCSC
| Q4 25 | $769.5M | $766.5M | ||
| Q3 25 | $922.6M | $739.6M | ||
| Q2 25 | — | $812.9M | ||
| Q1 25 | $1.4B | $704.8M | ||
| Q4 24 | $954.7M | $747.5M | ||
| Q3 24 | $785.9M | $775.6M | ||
| Q2 24 | — | $746.1M | ||
| Q1 24 | $703.1M | $752.6M |
净利润CALMSCSC
| Q4 25 | $102.8M | $16.5M | ||
| Q3 25 | $199.3M | $19.9M | ||
| Q2 25 | — | $20.1M | ||
| Q1 25 | $508.5M | $17.4M | ||
| Q4 24 | $219.1M | $17.1M | ||
| Q3 24 | $150.0M | $17.0M | ||
| Q2 24 | — | $16.1M | ||
| Q1 24 | $146.7M | $12.8M |
毛利率CALMSCSC
| Q4 25 | 27.0% | 13.4% | ||
| Q3 25 | 33.7% | 14.5% | ||
| Q2 25 | — | 12.9% | ||
| Q1 25 | 50.5% | 14.2% | ||
| Q4 24 | 37.3% | 13.6% | ||
| Q3 24 | 31.5% | 13.1% | ||
| Q2 24 | — | 13.0% | ||
| Q1 24 | 31.1% | 12.6% |
营业利润率CALMSCSC
| Q4 25 | 16.1% | 2.3% | ||
| Q3 25 | 27.0% | 3.5% | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | 44.8% | 3.2% | ||
| Q4 24 | 29.1% | 2.5% | ||
| Q3 24 | 23.8% | 2.3% | ||
| Q2 24 | — | 2.9% | ||
| Q1 24 | 23.2% | 2.3% |
净利率CALMSCSC
| Q4 25 | 13.4% | 2.2% | ||
| Q3 25 | 21.6% | 2.7% | ||
| Q2 25 | — | 2.5% | ||
| Q1 25 | 35.9% | 2.5% | ||
| Q4 24 | 22.9% | 2.3% | ||
| Q3 24 | 19.1% | 2.2% | ||
| Q2 24 | — | 2.2% | ||
| Q1 24 | 20.9% | 1.7% |
每股收益（稀释后）CALMSCSC
| Q4 25 | $2.13 | $0.75 | ||
| Q3 25 | $4.12 | $0.89 | ||
| Q2 25 | — | $0.87 | ||
| Q1 25 | $10.38 | $0.74 | ||
| Q4 24 | $4.47 | $0.70 | ||
| Q3 24 | $3.06 | $0.69 | ||
| Q2 24 | — | $0.66 | ||
| Q1 24 | $3.00 | $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 | $369.4M | $83.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.7B | $910.9M |
| 总资产 | $3.1B | $1.7B |
| 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CALMSCSC
| Q4 25 | $369.4M | $83.5M | ||
| Q3 25 | $251.9M | $124.9M | ||
| Q2 25 | — | $126.2M | ||
| Q1 25 | $497.2M | $146.3M | ||
| Q4 24 | $140.3M | $110.5M | ||
| Q3 24 | $181.7M | $145.0M | ||
| Q2 24 | — | $185.5M | ||
| Q1 24 | $367.1M | $159.1M |
股东权益CALMSCSC
| Q4 25 | $2.7B | $910.9M | ||
| Q3 25 | $2.7B | $914.0M | ||
| Q2 25 | — | $906.4M | ||
| Q1 25 | $2.4B | $901.7M | ||
| Q4 24 | $2.0B | $900.7M | ||
| Q3 24 | $1.9B | $920.9M | ||
| Q2 24 | — | $924.3M | ||
| Q1 24 | $1.7B | $944.1M |
总资产CALMSCSC
| Q4 25 | $3.1B | $1.7B | ||
| Q3 25 | $3.2B | $1.7B | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | $3.1B | $1.7B | ||
| Q4 24 | $2.5B | $1.7B | ||
| Q3 24 | $2.4B | $1.8B | ||
| Q2 24 | — | $1.8B | ||
| Q1 24 | $2.1B | $1.8B |
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 | $94.8M | $30.8M |
| 自由现金流经营现金流 - 资本支出 | $47.9M | $28.9M |
| 自由现金流率自由现金流/营收 | 6.2% | 3.8% |
| 资本支出强度资本支出/营收 | 6.1% | 0.3% |
| 现金转化率经营现金流/净利润 | 0.92× | 1.87× |
| 过去12个月自由现金流最近4个季度 | $895.9M | — |
8季度趋势，按日历期对齐
经营现金流CALMSCSC
| Q4 25 | $94.8M | $30.8M | ||
| Q3 25 | $278.6M | $23.2M | ||
| Q2 25 | — | — | ||
| Q1 25 | $571.6M | $66.1M | ||
| Q4 24 | $122.7M | $-6.2M | ||
| Q3 24 | $117.5M | $44.8M | ||
| Q2 24 | — | — | ||
| Q1 24 | $164.0M | $160.2M |
自由现金流CALMSCSC
| Q4 25 | $47.9M | $28.9M | ||
| Q3 25 | $233.3M | $20.8M | ||
| Q2 25 | — | — | ||
| Q1 25 | $521.8M | $64.6M | ||
| Q4 24 | $92.9M | $-8.2M | ||
| Q3 24 | $81.7M | $42.5M | ||
| Q2 24 | — | — | ||
| Q1 24 | $133.8M | $157.7M |
自由现金流率CALMSCSC
| Q4 25 | 6.2% | 3.8% | ||
| Q3 25 | 25.3% | 2.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | 36.8% | 9.2% | ||
| Q4 24 | 9.7% | -1.1% | ||
| Q3 24 | 10.4% | 5.5% | ||
| Q2 24 | — | — | ||
| Q1 24 | 19.0% | 21.0% |
资本支出强度CALMSCSC
| Q4 25 | 6.1% | 0.3% | ||
| Q3 25 | 4.9% | 0.3% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | 3.5% | 0.2% | ||
| Q4 24 | 3.1% | 0.3% | ||
| Q3 24 | 4.6% | 0.3% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | 4.3% | 0.3% |
现金转化率CALMSCSC
| Q4 25 | 0.92× | 1.87× | ||
| Q3 25 | 1.40× | 1.17× | ||
| Q2 25 | — | — | ||
| Q1 25 | 1.12× | 3.79× | ||
| Q4 24 | 0.56× | -0.36× | ||
| Q3 24 | 0.78× | 2.64× | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.12× | 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
CALM
| Retail | $625.4M | 81% |
| Prepared Foods | $71.7M | 9% |
| Egg Products | $34.5M | 4% |
| Service Other | $19.2M | 2% |
| Other | $13.8M | 2% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
