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Hagerty, Inc.（HGTY）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Hagerty, Inc.的2.0倍（$766.5M vs $388.1M），Hagerty, Inc.净利率更高（7.4% vs 2.2%，领先5.2%），Hagerty, Inc.同比增速更快（16.5% vs 2.5%），Hagerty, Inc.自由现金流更多（$194.5M vs $28.9M），过去两年Hagerty, Inc.的营收复合增速更高（19.5% vs 0.9%）
哈格蒂（Hagerty, Inc.）是美国知名汽车生活方式及会员服务企业，同时是全球规模最大的经典老爷车特种保险供应商，总部位于密歇根州特拉弗斯城，业务范围覆盖加拿大、德国及英国市场。
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。
HGTY vs SCSC — 直观对比
营收规模更大
SCSC
是对方的2.0倍
$388.1M
营收增速更快
HGTY
高出13.9%
2.5%
净利率更高
HGTY
高出5.2%
2.2%
自由现金流更多
HGTY
多$165.6M
$28.9M
两年增速更快
HGTY
近两年复合增速
0.9%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $388.1M | $766.5M |
| 净利润 | $28.6M | $16.5M |
| 毛利率 | — | 13.4% |
| 营业利润率 | 10.2% | 2.3% |
| 净利率 | 7.4% | 2.2% |
| 营收同比 | 16.5% | 2.5% |
| 净利润同比 | 238.4% | -3.3% |
| 每股收益（稀释后） | — | $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HGTYSCSC
| Q4 25 | $388.1M | $766.5M | ||
| Q3 25 | $380.0M | $739.6M | ||
| Q2 25 | $368.7M | $812.9M | ||
| Q1 25 | $319.6M | $704.8M | ||
| Q4 24 | $333.2M | $747.5M | ||
| Q3 24 | $323.4M | $775.6M | ||
| Q2 24 | $313.2M | $746.1M | ||
| Q1 24 | $271.7M | $752.6M |
净利润HGTYSCSC
| Q4 25 | $28.6M | $16.5M | ||
| Q3 25 | $46.2M | $19.9M | ||
| Q2 25 | $47.2M | $20.1M | ||
| Q1 25 | $27.3M | $17.4M | ||
| Q4 24 | $8.4M | $17.1M | ||
| Q3 24 | $19.0M | $17.0M | ||
| Q2 24 | $42.7M | $16.1M | ||
| Q1 24 | $8.2M | $12.8M |
毛利率HGTYSCSC
| 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HGTYSCSC
| Q4 25 | 10.2% | 2.3% | ||
| Q3 25 | 9.0% | 3.5% | ||
| Q2 25 | 12.9% | 3.3% | ||
| Q1 25 | 8.1% | 3.2% | ||
| Q4 24 | 1.8% | 2.5% | ||
| Q3 24 | 3.1% | 2.3% | ||
| Q2 24 | 12.2% | 2.9% | ||
| Q1 24 | 4.5% | 2.3% |
净利率HGTYSCSC
| Q4 25 | 7.4% | 2.2% | ||
| Q3 25 | 12.2% | 2.7% | ||
| Q2 25 | 12.8% | 2.5% | ||
| Q1 25 | 8.5% | 2.5% | ||
| Q4 24 | 2.5% | 2.3% | ||
| Q3 24 | 5.9% | 2.2% | ||
| Q2 24 | 13.6% | 2.2% | ||
| Q1 24 | 3.0% | 1.7% |
每股收益（稀释后）HGTYSCSC
| Q4 25 | — | $0.75 | ||
| Q3 25 | — | $0.89 | ||
| Q2 25 | — | $0.87 | ||
| Q1 25 | — | $0.74 | ||
| Q4 24 | — | $0.70 | ||
| Q3 24 | — | $0.69 | ||
| Q2 24 | — | $0.66 | ||
| Q1 24 | — | $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 | $160.2M | $83.5M |
| 总债务越低越好 | $177.9M | — |
| 股东权益账面价值 | $221.3M | $910.9M |
| 总资产 | $2.1B | $1.7B |
| 负债/权益比越低杠杆越低 | 0.80× | — |
8季度趋势，按日历期对齐
现金及短期投资HGTYSCSC
| Q4 25 | $160.2M | $83.5M | ||
| Q3 25 | $290.5M | $124.9M | ||
| Q2 25 | $259.6M | $126.2M | ||
| Q1 25 | $232.7M | $146.3M | ||
| Q4 24 | $178.7M | $110.5M | ||
| Q3 24 | $208.9M | $145.0M | ||
| Q2 24 | $186.4M | $185.5M | ||
| Q1 24 | $131.2M | $159.1M |
总债务HGTYSCSC
| Q4 25 | $177.9M | — | ||
| Q3 25 | $104.4M | — | ||
| Q2 25 | $153.4M | — | ||
| Q1 25 | $132.6M | — | ||
| Q4 24 | $105.8M | — | ||
| Q3 24 | $122.9M | — | ||
| Q2 24 | $98.0M | — | ||
| Q1 24 | $91.5M | — |
股东权益HGTYSCSC
| Q4 25 | $221.3M | $910.9M | ||
| Q3 25 | $211.7M | $914.0M | ||
| Q2 25 | $172.3M | $906.4M | ||
| Q1 25 | $162.9M | $901.7M | ||
| Q4 24 | $150.3M | $900.7M | ||
| Q3 24 | $148.3M | $920.9M | ||
| Q2 24 | $94.4M | $924.3M | ||
| Q1 24 | $93.5M | $944.1M |
总资产HGTYSCSC
| Q4 25 | $2.1B | $1.7B | ||
| Q3 25 | $2.2B | $1.7B | ||
| Q2 25 | $2.0B | $1.8B | ||
| Q1 25 | $1.8B | $1.7B | ||
| Q4 24 | $1.7B | $1.7B | ||
| Q3 24 | $1.8B | $1.8B | ||
| Q2 24 | $1.7B | $1.8B | ||
| Q1 24 | $1.6B | $1.8B |
负债/权益比HGTYSCSC
| Q4 25 | 0.80× | — | ||
| Q3 25 | 0.49× | — | ||
| Q2 25 | 0.89× | — | ||
| Q1 25 | 0.81× | — | ||
| Q4 24 | 0.70× | — | ||
| Q3 24 | 0.83× | — | ||
| Q2 24 | 1.04× | — | ||
| Q1 24 | 0.98× | — |
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 | $219.0M | $30.8M |
| 自由现金流经营现金流 - 资本支出 | $194.5M | $28.9M |
| 自由现金流率自由现金流/营收 | 50.1% | 3.8% |
| 资本支出强度资本支出/营收 | 6.3% | 0.3% |
| 现金转化率经营现金流/净利润 | 7.67× | 1.87× |
| 过去12个月自由现金流最近4个季度 | $365.8M | — |
8季度趋势，按日历期对齐
经营现金流HGTYSCSC
| Q4 25 | $219.0M | $30.8M | ||
| Q3 25 | $92.2M | $23.2M | ||
| Q2 25 | $53.9M | — | ||
| Q1 25 | $43.8M | $66.1M | ||
| Q4 24 | $177.0M | $-6.2M | ||
| Q3 24 | $67.4M | $44.8M | ||
| Q2 24 | $64.0M | — | ||
| Q1 24 | $58.2M | $160.2M |
自由现金流HGTYSCSC
| Q4 25 | $194.5M | $28.9M | ||
| Q3 25 | $85.2M | $20.8M | ||
| Q2 25 | $47.7M | — | ||
| Q1 25 | $38.4M | $64.6M | ||
| Q4 24 | $155.7M | $-8.2M | ||
| Q3 24 | $62.0M | $42.5M | ||
| Q2 24 | $56.6M | — | ||
| Q1 24 | $53.7M | $157.7M |
自由现金流率HGTYSCSC
| Q4 25 | 50.1% | 3.8% | ||
| Q3 25 | 22.4% | 2.8% | ||
| Q2 25 | 12.9% | — | ||
| Q1 25 | 12.0% | 9.2% | ||
| Q4 24 | 46.7% | -1.1% | ||
| Q3 24 | 19.2% | 5.5% | ||
| Q2 24 | 18.1% | — | ||
| Q1 24 | 19.8% | 21.0% |
资本支出强度HGTYSCSC
| Q4 25 | 6.3% | 0.3% | ||
| Q3 25 | 1.8% | 0.3% | ||
| Q2 25 | 1.7% | 0.3% | ||
| Q1 25 | 1.7% | 0.2% | ||
| Q4 24 | 6.4% | 0.3% | ||
| Q3 24 | 1.7% | 0.3% | ||
| Q2 24 | 2.4% | 0.2% | ||
| Q1 24 | 1.7% | 0.3% |
现金转化率HGTYSCSC
| Q4 25 | 7.67× | 1.87× | ||
| Q3 25 | 2.00× | 1.17× | ||
| Q2 25 | 1.14× | — | ||
| Q1 25 | 1.61× | 3.79× | ||
| Q4 24 | 20.97× | -0.36× | ||
| Q3 24 | 3.55× | 2.64× | ||
| Q2 24 | 1.50× | — | ||
| Q1 24 | 7.10× | 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
HGTY
暂无分部数据
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
