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Concentrix Corp（CNXC）与RELIANCE, INC.（RS）财务数据对比。点击上方公司名可切换其他公司
RELIANCE, INC.的季度营收约是Concentrix Corp的1.4倍（$3.5B vs $2.6B），RELIANCE, INC.净利率更高（3.3% vs -57.9%，领先61.3%），RELIANCE, INC.同比增速更快（11.9% vs 4.3%），Concentrix Corp自由现金流更多（$281.2M vs $202.9M），过去两年Concentrix Corp的营收复合增速更高（3.1% vs -2.0%）
Concentrix是总部位于美国加利福尼亚州纽瓦克的业务流程外包服务商，2006年起成为SYNNEX集团旗下子公司，2020年12月1日独立上市，2025年位列《财富》美国500强第426位，为全球客户提供专业的外包解决方案支持。
Reliance, Inc.总部位于美国亚利桑那州斯科茨代尔，是北美规模最大的金属服务中心运营商。公司为12.5万家制造商、加工厂等客户提供金属加工服务，经销铝、黄铜、合金、铜、碳钢、不锈钢、钛等约10万种金属及特种金属产品。
CNXC vs RS — 直观对比
营收规模更大
RS
是对方的1.4倍
$2.6B
营收增速更快
RS
高出7.6%
4.3%
净利率更高
RS
高出61.3%
-57.9%
自由现金流更多
CNXC
多$78.3M
$202.9M
两年增速更快
CNXC
近两年复合增速
-2.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.6B | $3.5B |
| 净利润 | $-1.5B | $116.9M |
| 毛利率 | 34.3% | — |
| 营业利润率 | -54.1% | 4.8% |
| 净利率 | -57.9% | 3.3% |
| 营收同比 | 4.3% | 11.9% |
| 净利润同比 | -1379.2% | 10.3% |
| 每股收益（稀释后） | $-23.37 | $2.23 |
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CNXCRS
| Q4 25 | $2.6B | $3.5B | ||
| Q3 25 | $2.5B | $3.7B | ||
| Q2 25 | $2.4B | $3.7B | ||
| Q1 25 | $2.4B | $3.5B | ||
| Q4 24 | $2.4B | $3.1B | ||
| Q3 24 | $2.4B | $3.4B | ||
| Q2 24 | $2.4B | $3.6B | ||
| Q1 24 | $2.4B | $3.6B |
净利润CNXCRS
| Q4 25 | $-1.5B | $116.9M | ||
| Q3 25 | $88.1M | $189.5M | ||
| Q2 25 | $42.1M | $234.2M | ||
| Q1 25 | $70.3M | $200.5M | ||
| Q4 24 | $115.7M | $106.0M | ||
| Q3 24 | $16.6M | $199.2M | ||
| Q2 24 | $66.8M | $268.3M | ||
| Q1 24 | $52.1M | $303.8M |
毛利率CNXCRS
| Q4 25 | 34.3% | — | ||
| Q3 25 | 34.4% | — | ||
| Q2 25 | 35.1% | — | ||
| Q1 25 | 36.1% | — | ||
| Q4 24 | 35.6% | — | ||
| Q3 24 | 36.2% | — | ||
| Q2 24 | 36.0% | — | ||
| Q1 24 | 35.6% | — |
营业利润率CNXCRS
| Q4 25 | -54.1% | 4.8% | ||
| Q3 25 | 5.9% | 7.1% | ||
| Q2 25 | 6.1% | 8.5% | ||
| Q1 25 | 7.1% | 7.9% | ||
| Q4 24 | 5.9% | 4.5% | ||
| Q3 24 | 6.4% | 8.0% | ||
| Q2 24 | 6.3% | 9.7% | ||
| Q1 24 | 6.2% | 10.8% |
净利率CNXCRS
| Q4 25 | -57.9% | 3.3% | ||
| Q3 25 | 3.5% | 5.2% | ||
| Q2 25 | 1.7% | 6.4% | ||
| Q1 25 | 3.0% | 5.8% | ||
| Q4 24 | 4.7% | 3.4% | ||
| Q3 24 | 0.7% | 5.8% | ||
| Q2 24 | 2.8% | 7.4% | ||
| Q1 24 | 2.2% | 8.3% |
每股收益（稀释后）CNXCRS
| Q4 25 | $-23.37 | $2.23 | ||
| Q3 25 | $1.34 | $3.59 | ||
| Q2 25 | $0.63 | $4.42 | ||
| Q1 25 | $1.04 | $3.74 | ||
| Q4 24 | $1.72 | $2.05 | ||
| Q3 24 | $0.25 | $3.61 | ||
| Q2 24 | $0.98 | $4.67 | ||
| Q1 24 | $0.76 | $5.23 |
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 | $327.3M | $216.6M |
| 总债务越低越好 | $4.6B | — |
| 股东权益账面价值 | $2.7B | $7.2B |
| 总资产 | $10.8B | $10.4B |
| 负债/权益比越低杠杆越低 | 1.67× | — |
8季度趋势，按日历期对齐
现金及短期投资CNXCRS
| Q4 25 | $327.3M | $216.6M | ||
| Q3 25 | $350.3M | $261.2M | ||
| Q2 25 | $342.8M | $239.5M | ||
| Q1 25 | $308.0M | $277.8M | ||
| Q4 24 | $240.6M | $318.1M | ||
| Q3 24 | $246.2M | $314.6M | ||
| Q2 24 | $207.3M | $350.8M | ||
| Q1 24 | $234.8M | $934.9M |
总债务CNXCRS
| Q4 25 | $4.6B | — | ||
| Q3 25 | $4.8B | — | ||
| Q2 25 | $4.9B | — | ||
| Q1 25 | $4.9B | — | ||
| Q4 24 | $4.7B | — | ||
| Q3 24 | $4.9B | — | ||
| Q2 24 | $4.9B | — | ||
| Q1 24 | $5.0B | — |
股东权益CNXCRS
| Q4 25 | $2.7B | $7.2B | ||
| Q3 25 | $4.3B | $7.3B | ||
| Q2 25 | $4.3B | $7.2B | ||
| Q1 25 | $4.0B | $7.1B | ||
| Q4 24 | $4.0B | $7.2B | ||
| Q3 24 | $4.2B | $7.4B | ||
| Q2 24 | $4.1B | $7.6B | ||
| Q1 24 | $4.1B | $7.9B |
总资产CNXCRS
| Q4 25 | $10.8B | $10.4B | ||
| Q3 25 | $12.4B | $10.5B | ||
| Q2 25 | $12.4B | $10.5B | ||
| Q1 25 | $11.9B | $10.4B | ||
| Q4 24 | $12.0B | $10.0B | ||
| Q3 24 | $12.2B | $10.3B | ||
| Q2 24 | $12.1B | $10.4B | ||
| Q1 24 | $12.2B | $10.7B |
负债/权益比CNXCRS
| Q4 25 | 1.67× | — | ||
| Q3 25 | 1.10× | — | ||
| Q2 25 | 1.14× | — | ||
| Q1 25 | 1.22× | — | ||
| Q4 24 | 1.17× | — | ||
| Q3 24 | 1.18× | — | ||
| Q2 24 | 1.21× | — | ||
| Q1 24 | 1.23× | — |
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 | $344.2M | $276.1M |
| 自由现金流经营现金流 - 资本支出 | $281.2M | $202.9M |
| 自由现金流率自由现金流/营收 | 11.0% | 5.8% |
| 资本支出强度资本支出/营收 | 2.5% | 2.1% |
| 现金转化率经营现金流/净利润 | — | 2.36× |
| 过去12个月自由现金流最近4个季度 | $572.5M | $502.5M |
8季度趋势，按日历期对齐
经营现金流CNXCRS
| Q4 25 | $344.2M | $276.1M | ||
| Q3 25 | $224.8M | $261.8M | ||
| Q2 25 | $236.5M | $229.0M | ||
| Q1 25 | $1.4M | $64.5M | ||
| Q4 24 | $284.4M | $473.3M | ||
| Q3 24 | $191.6M | $463.9M | ||
| Q2 24 | $238.3M | $366.3M | ||
| Q1 24 | $-46.9M | $126.3M |
自由现金流CNXCRS
| Q4 25 | $281.2M | $202.9M | ||
| Q3 25 | $159.7M | $180.6M | ||
| Q2 25 | $180.7M | $141.4M | ||
| Q1 25 | $-49.2M | $-22.4M | ||
| Q4 24 | $224.5M | $362.4M | ||
| Q3 24 | $128.9M | $351.1M | ||
| Q2 24 | $178.3M | $268.1M | ||
| Q1 24 | $-102.9M | $17.6M |
自由现金流率CNXCRS
| Q4 25 | 11.0% | 5.8% | ||
| Q3 25 | 6.4% | 4.9% | ||
| Q2 25 | 7.5% | 3.9% | ||
| Q1 25 | -2.1% | -0.6% | ||
| Q4 24 | 9.2% | 11.6% | ||
| Q3 24 | 5.4% | 10.3% | ||
| Q2 24 | 7.5% | 7.4% | ||
| Q1 24 | -4.3% | 0.5% |
资本支出强度CNXCRS
| Q4 25 | 2.5% | 2.1% | ||
| Q3 25 | 2.6% | 2.2% | ||
| Q2 25 | 2.3% | 2.4% | ||
| Q1 25 | 2.1% | 2.5% | ||
| Q4 24 | 2.4% | 3.5% | ||
| Q3 24 | 2.6% | 3.3% | ||
| Q2 24 | 2.5% | 2.7% | ||
| Q1 24 | 2.3% | 3.0% |
现金转化率CNXCRS
| Q4 25 | — | 2.36× | ||
| Q3 25 | 2.55× | 1.38× | ||
| Q2 25 | 5.62× | 0.98× | ||
| Q1 25 | 0.02× | 0.32× | ||
| Q4 24 | 2.46× | 4.47× | ||
| Q3 24 | 11.52× | 2.33× | ||
| Q2 24 | 3.57× | 1.37× | ||
| Q1 24 | -0.90× | 0.42× |
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
CNXC
| Technology And Consumer Electronics | $675.1M | 26% |
| Retail Travel And Ecommerce | $643.4M | 25% |
| Communications And Media | $417.2M | 16% |
| Banking Financial Services And Insurance | $402.6M | 16% |
| Other Industries | $229.7M | 9% |
| Other | $185.0M | 7% |
RS
| Carbon Steel | $1.9B | 55% |
| Aluminum | $624.5M | 18% |
| Stainless Steel | $467.1M | 13% |
| Alloy Steel | $155.5M | 4% |
| Toll Processing | $155.3M | 4% |
| Copper And Brass | $93.5M | 3% |
| Other Products Or Services | $80.4M | 2% |
