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COMERICA INC（CMA）与SCANSOURCE, INC.（SCSC）财务数据对比。点击上方公司名可切换其他公司
COMERICA INC的季度营收约是SCANSOURCE, INC.的1.1倍（$838.0M vs $766.5M），COMERICA INC净利率更高（21.0% vs 2.2%，领先18.9%），COMERICA INC同比增速更快（3.3% vs 2.5%），过去两年COMERICA INC的营收复合增速更高（108.9% vs 0.9%）
Comerica公司是总部位于美国得克萨斯州达拉斯的金融服务企业，为美国大型金融控股公司之一。旗下Comerica银行为区域性商业银行，在得克萨斯、密歇根、加利福尼亚、佛罗里达、亚利桑那五州共设413家网点，在美国多座城市设有办公场所。
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。
CMA vs SCSC — 直观对比
营收规模更大
CMA
是对方的1.1倍
$766.5M
营收增速更快
CMA
高出0.8%
2.5%
净利率更高
CMA
高出18.9%
2.2%
两年增速更快
CMA
近两年复合增速
0.9%
损益表 — Q3 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $838.0M | $766.5M |
| 净利润 | $176.0M | $16.5M |
| 毛利率 | — | 13.4% |
| 营业利润率 | — | 2.3% |
| 净利率 | 21.0% | 2.2% |
| 营收同比 | 3.3% | 2.5% |
| 净利润同比 | -4.3% | -3.3% |
| 每股收益（稀释后） | $1.35 | $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CMASCSC
| Q4 25 | — | $766.5M | ||
| Q3 25 | $838.0M | $739.6M | ||
| Q2 25 | $849.0M | $812.9M | ||
| Q1 25 | $829.0M | $704.8M | ||
| Q4 24 | $825.0M | $747.5M | ||
| Q3 24 | $811.0M | $775.6M | ||
| Q2 24 | $824.0M | $746.1M | ||
| Q1 24 | $784.0M | $752.6M |
净利润CMASCSC
| Q4 25 | — | $16.5M | ||
| Q3 25 | $176.0M | $19.9M | ||
| Q2 25 | $199.0M | $20.1M | ||
| Q1 25 | $172.0M | $17.4M | ||
| Q4 24 | $170.0M | $17.1M | ||
| Q3 24 | $184.0M | $17.0M | ||
| Q2 24 | $206.0M | $16.1M | ||
| Q1 24 | $138.0M | $12.8M |
毛利率CMASCSC
| Q4 25 | — | 13.4% | ||
| Q3 25 | — | 14.5% | ||
| Q2 25 | — | 12.9% | ||
| Q1 25 | — | 14.2% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | — | 13.1% | ||
| Q2 24 | — | 13.0% | ||
| Q1 24 | — | 12.6% |
营业利润率CMASCSC
| Q4 25 | — | 2.3% | ||
| Q3 25 | — | 3.5% | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | — | 3.2% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | — | 2.3% | ||
| Q2 24 | — | 2.9% | ||
| Q1 24 | — | 2.3% |
净利率CMASCSC
| Q4 25 | — | 2.2% | ||
| Q3 25 | 21.0% | 2.7% | ||
| Q2 25 | 23.4% | 2.5% | ||
| Q1 25 | 20.7% | 2.5% | ||
| Q4 24 | 20.6% | 2.3% | ||
| Q3 24 | 22.7% | 2.2% | ||
| Q2 24 | 25.0% | 2.2% | ||
| Q1 24 | 17.6% | 1.7% |
每股收益（稀释后）CMASCSC
| Q4 25 | — | $0.75 | ||
| Q3 25 | $1.35 | $0.89 | ||
| Q2 25 | $1.42 | $0.87 | ||
| Q1 25 | $1.25 | $0.74 | ||
| Q4 24 | $1.22 | $0.70 | ||
| Q3 24 | $1.33 | $0.69 | ||
| Q2 24 | $1.49 | $0.66 | ||
| Q1 24 | $0.98 | $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 | — | $83.5M |
| 总债务越低越好 | $5.4B | — |
| 股东权益账面价值 | $7.4B | $910.9M |
| 总资产 | $77.4B | $1.7B |
| 负债/权益比越低杠杆越低 | 0.73× | — |
8季度趋势，按日历期对齐
现金及短期投资CMASCSC
| Q4 25 | — | $83.5M | ||
| Q3 25 | — | $124.9M | ||
| Q2 25 | — | $126.2M | ||
| Q1 25 | — | $146.3M | ||
| Q4 24 | — | $110.5M | ||
| Q3 24 | — | $145.0M | ||
| Q2 24 | — | $185.5M | ||
| Q1 24 | — | $159.1M |
总债务CMASCSC
| Q4 25 | — | — | ||
| Q3 25 | $5.4B | — | ||
| Q2 25 | $5.8B | — | ||
| Q1 25 | $5.7B | — | ||
| Q4 24 | $6.7B | — | ||
| Q3 24 | $6.8B | — | ||
| Q2 24 | $7.1B | — | ||
| Q1 24 | $7.1B | — |
股东权益CMASCSC
| Q4 25 | — | $910.9M | ||
| Q3 25 | $7.4B | $914.0M | ||
| Q2 25 | $6.9B | $906.4M | ||
| Q1 25 | $7.1B | $901.7M | ||
| Q4 24 | $6.5B | $900.7M | ||
| Q3 24 | $7.4B | $920.9M | ||
| Q2 24 | $6.2B | $924.3M | ||
| Q1 24 | $6.0B | $944.1M |
总资产CMASCSC
| Q4 25 | — | $1.7B | ||
| Q3 25 | $77.4B | $1.7B | ||
| Q2 25 | $78.0B | $1.8B | ||
| Q1 25 | $77.6B | $1.7B | ||
| Q4 24 | $79.3B | $1.7B | ||
| Q3 24 | $79.7B | $1.8B | ||
| Q2 24 | $79.6B | $1.8B | ||
| Q1 24 | $79.4B | $1.8B |
负债/权益比CMASCSC
| Q4 25 | — | — | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.84× | — | ||
| Q1 25 | 0.81× | — | ||
| Q4 24 | 1.02× | — | ||
| Q3 24 | 0.92× | — | ||
| Q2 24 | 1.15× | — | ||
| Q1 24 | 1.18× | — |
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 | $-270.0M | $30.8M |
| 自由现金流经营现金流 - 资本支出 | — | $28.9M |
| 自由现金流率自由现金流/营收 | — | 3.8% |
| 资本支出强度资本支出/营收 | — | 0.3% |
| 现金转化率经营现金流/净利润 | -1.53× | 1.87× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流CMASCSC
| Q4 25 | — | $30.8M | ||
| Q3 25 | $-270.0M | $23.2M | ||
| Q2 25 | $476.0M | — | ||
| Q1 25 | $273.0M | $66.1M | ||
| Q4 24 | $601.0M | $-6.2M | ||
| Q3 24 | $1.0B | $44.8M | ||
| Q2 24 | $111.0M | — | ||
| Q1 24 | $-205.0M | $160.2M |
自由现金流CMASCSC
| 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 |
自由现金流率CMASCSC
| 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% |
资本支出强度CMASCSC
| 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% |
现金转化率CMASCSC
| Q4 25 | — | 1.87× | ||
| Q3 25 | -1.53× | 1.17× | ||
| Q2 25 | 2.39× | — | ||
| Q1 25 | 1.59× | 3.79× | ||
| Q4 24 | 3.54× | -0.36× | ||
| Q3 24 | 5.70× | 2.64× | ||
| Q2 24 | 0.54× | — | ||
| Q1 24 | -1.49× | 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
CMA
暂无分部数据
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
