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西蒙地产集团（ELS）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.的季度营收约是西蒙地产集团的1.9倍（$766.5M vs $397.6M），西蒙地产集团同比增速更快（2.7% vs 2.5%），过去两年西蒙地产集团的营收复合增速更高（2.3% vs 0.9%）
西蒙地产集团是美国头部房地产投资信托企业，投资范围涵盖购物中心、奥特莱斯及社区生活中心等商业地产业态，是美国规模最大的购物中心持有方，总部位于印第安纳州印第安纳波利斯，截至2024年12月末共持有232处物业权益。
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。
ELS vs SCSC — 直观对比
营收规模更大
SCSC
是对方的1.9倍
$397.6M
营收增速更快
ELS
高出0.1%
2.5%
两年增速更快
ELS
近两年复合增速
0.9%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $397.6M | $766.5M |
| 净利润 | — | $16.5M |
| 毛利率 | — | 13.4% |
| 营业利润率 | — | 2.3% |
| 净利率 | — | 2.2% |
| 营收同比 | 2.7% | 2.5% |
| 净利润同比 | — | -3.3% |
| 每股收益（稀释后） | $0.56 | $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ELSSCSC
| Q1 26 | $397.6M | — | ||
| Q4 25 | $373.9M | $766.5M | ||
| Q3 25 | $393.3M | $739.6M | ||
| Q2 25 | $376.9M | $812.9M | ||
| Q1 25 | $387.3M | $704.8M | ||
| Q4 24 | $372.3M | $747.5M | ||
| Q3 24 | $387.3M | $775.6M | ||
| Q2 24 | $380.0M | $746.1M |
净利润ELSSCSC
| Q1 26 | — | — | ||
| Q4 25 | $103.8M | $16.5M | ||
| Q3 25 | $100.4M | $19.9M | ||
| Q2 25 | $83.5M | $20.1M | ||
| Q1 25 | $114.4M | $17.4M | ||
| Q4 24 | $100.6M | $17.1M | ||
| Q3 24 | $86.9M | $17.0M | ||
| Q2 24 | $82.1M | $16.1M |
毛利率ELSSCSC
| Q1 26 | — | — | ||
| 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% |
营业利润率ELSSCSC
| Q1 26 | — | — | ||
| Q4 25 | 26.5% | 2.3% | ||
| Q3 25 | 25.1% | 3.5% | ||
| Q2 25 | 22.3% | 3.3% | ||
| Q1 25 | 28.3% | 3.2% | ||
| Q4 24 | 27.2% | 2.5% | ||
| Q3 24 | 21.4% | 2.3% | ||
| Q2 24 | 21.5% | 2.9% |
净利率ELSSCSC
| Q1 26 | — | — | ||
| Q4 25 | 27.8% | 2.2% | ||
| Q3 25 | 25.5% | 2.7% | ||
| Q2 25 | 22.2% | 2.5% | ||
| Q1 25 | 29.5% | 2.5% | ||
| Q4 24 | 27.0% | 2.3% | ||
| Q3 24 | 22.4% | 2.2% | ||
| Q2 24 | 21.6% | 2.2% |
每股收益（稀释后）ELSSCSC
| Q1 26 | $0.56 | — | ||
| Q4 25 | $0.52 | $0.75 | ||
| Q3 25 | $0.50 | $0.89 | ||
| Q2 25 | $0.42 | $0.87 | ||
| Q1 25 | $0.57 | $0.74 | ||
| Q4 24 | $0.51 | $0.70 | ||
| Q3 24 | $0.44 | $0.69 | ||
| Q2 24 | $0.42 | $0.66 |
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 | — | — |
| 股东权益账面价值 | $1.8B | $910.9M |
| 总资产 | $5.7M | $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ELSSCSC
| Q1 26 | — | — | ||
| 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 |
总债务ELSSCSC
| Q1 26 | — | — | ||
| Q4 25 | $3.3B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.2B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益ELSSCSC
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.8B | $910.9M | ||
| Q3 25 | $1.8B | $914.0M | ||
| Q2 25 | $1.7B | $906.4M | ||
| Q1 25 | $1.7B | $901.7M | ||
| Q4 24 | $1.7B | $900.7M | ||
| Q3 24 | $1.4B | $920.9M | ||
| Q2 24 | $1.4B | $924.3M |
总资产ELSSCSC
| Q1 26 | $5.7M | — | ||
| Q4 25 | $5.7B | $1.7B | ||
| Q3 25 | $5.7B | $1.7B | ||
| Q2 25 | $5.7B | $1.8B | ||
| Q1 25 | $5.6B | $1.7B | ||
| Q4 24 | $5.6B | $1.7B | ||
| Q3 24 | $5.6B | $1.8B | ||
| Q2 24 | $5.6B | $1.8B |
负债/权益比ELSSCSC
| Q1 26 | — | — | ||
| Q4 25 | 1.91× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.84× | — | ||
| Q3 24 | — | — | ||
| Q2 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 | — | $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 | — | 1.87× |
| 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ELSSCSC
| Q1 26 | — | — | ||
| Q4 25 | $571.1M | $30.8M | ||
| Q3 25 | $147.0M | $23.2M | ||
| Q2 25 | $131.3M | — | ||
| Q1 25 | $193.4M | $66.1M | ||
| Q4 24 | $596.7M | $-6.2M | ||
| Q3 24 | $149.5M | $44.8M | ||
| Q2 24 | $143.1M | — |
自由现金流ELSSCSC
| Q1 26 | — | — | ||
| Q4 25 | $334.1M | $28.9M | ||
| Q3 25 | $75.7M | $20.8M | ||
| Q2 25 | $71.8M | — | ||
| Q1 25 | $148.2M | $64.6M | ||
| Q4 24 | $355.4M | $-8.2M | ||
| Q3 24 | $91.1M | $42.5M | ||
| Q2 24 | $80.6M | — |
自由现金流率ELSSCSC
| Q1 26 | — | — | ||
| Q4 25 | 89.4% | 3.8% | ||
| Q3 25 | 19.3% | 2.8% | ||
| Q2 25 | 19.1% | — | ||
| Q1 25 | 38.3% | 9.2% | ||
| Q4 24 | 95.5% | -1.1% | ||
| Q3 24 | 23.5% | 5.5% | ||
| Q2 24 | 21.2% | — |
资本支出强度ELSSCSC
| Q1 26 | — | — | ||
| Q4 25 | 63.4% | 0.3% | ||
| Q3 25 | 18.1% | 0.3% | ||
| Q2 25 | 15.8% | 0.3% | ||
| Q1 25 | 11.7% | 0.2% | ||
| Q4 24 | 64.8% | 0.3% | ||
| Q3 24 | 15.1% | 0.3% | ||
| Q2 24 | 16.5% | 0.2% |
现金转化率ELSSCSC
| Q1 26 | — | — | ||
| Q4 25 | 5.50× | 1.87× | ||
| Q3 25 | 1.46× | 1.17× | ||
| Q2 25 | 1.57× | — | ||
| Q1 25 | 1.69× | 3.79× | ||
| Q4 24 | 5.93× | -0.36× | ||
| Q3 24 | 1.72× | 2.64× | ||
| Q2 24 | 1.74× | — |
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
ELS
| Rental income | $339.0M | 85% |
| Other | $37.2M | 9% |
| Annual membership subscriptions | $18.3M | 5% |
| Membership upgrade revenue | $3.1M | 1% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
