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汉瑞祥（HSIC）与RPM INTERNATIONAL INC（RPM）财务数据对比。点击上方公司名可切换其他公司
汉瑞祥的季度营收约是RPM INTERNATIONAL INC的1.8倍（$3.4B vs $1.9B），RPM INTERNATIONAL INC净利率更高（8.4% vs 2.9%，领先5.5%），汉瑞祥同比增速更快（7.7% vs 3.5%），汉瑞祥自由现金流更多（$338.0M vs $296.4M），过去两年RPM INTERNATIONAL INC的营收复合增速更高（12.0% vs 4.1%）
汉瑞祥（Henry Schein, Inc.）是美国的医疗保健产品及服务分销商，业务覆盖全球33个国家和地区，是全球面向诊所类牙科及医疗从业者的最大医疗解决方案供应商。公司连续14年入选Ethisphere评选的「全球最具道德企业」榜单，2025年再次登榜。
BVS娱乐前身为Saban制作、Saban国际及Saban娱乐，是华特迪士尼公司旗下子公司。1980年4月24日由哈伊姆·萨班与舒基·利维创立，最初主营音乐制作，后逐步转向电视节目制作发行业务，最为知名的是为Fox Family/ABC Family及已停播的Fox Kids、Jetix频道制作发行儿童节目。
HSIC vs RPM — 直观对比
营收规模更大
HSIC
是对方的1.8倍
$1.9B
营收增速更快
HSIC
高出4.2%
3.5%
净利率更高
RPM
高出5.5%
2.9%
自由现金流更多
HSIC
多$41.6M
$296.4M
两年增速更快
RPM
近两年复合增速
4.1%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.4B | $1.9B |
| 净利润 | $101.0M | $161.2M |
| 毛利率 | 30.9% | 40.8% |
| 营业利润率 | 4.7% | 11.0% |
| 净利率 | 2.9% | 8.4% |
| 营收同比 | 7.7% | 3.5% |
| 净利润同比 | 7.4% | -12.0% |
| 每股收益（稀释后） | $0.85 | $1.26 |
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HSICRPM
| Q4 25 | $3.4B | $1.9B | ||
| Q3 25 | $3.3B | $2.1B | ||
| Q2 25 | $3.2B | $2.1B | ||
| Q1 25 | $3.2B | $1.5B | ||
| Q4 24 | $3.2B | $1.8B | ||
| Q3 24 | $3.2B | $2.0B | ||
| Q2 24 | $3.1B | $2.0B | ||
| Q1 24 | $3.2B | $1.5B |
净利润HSICRPM
| Q4 25 | $101.0M | $161.2M | ||
| Q3 25 | $101.0M | $227.6M | ||
| Q2 25 | $86.0M | $225.8M | ||
| Q1 25 | $110.0M | $52.0M | ||
| Q4 24 | $94.0M | $183.2M | ||
| Q3 24 | $99.0M | $227.7M | ||
| Q2 24 | $104.0M | $180.6M | ||
| Q1 24 | $93.0M | $61.2M |
毛利率HSICRPM
| Q4 25 | 30.9% | 40.8% | ||
| Q3 25 | 30.7% | 42.3% | ||
| Q2 25 | 31.4% | 42.4% | ||
| Q1 25 | 31.6% | 38.4% | ||
| Q4 24 | 31.1% | 41.4% | ||
| Q3 24 | 31.3% | 42.5% | ||
| Q2 24 | 32.5% | 41.4% | ||
| Q1 24 | 31.9% | 39.9% |
营业利润率HSICRPM
| Q4 25 | 4.7% | 11.0% | ||
| Q3 25 | 4.9% | 14.1% | ||
| Q2 25 | 4.7% | 11.9% | ||
| Q1 25 | 5.5% | 2.8% | ||
| Q4 24 | 4.9% | 11.5% | ||
| Q3 24 | 4.9% | 14.8% | ||
| Q2 24 | 5.1% | 11.9% | ||
| Q1 24 | 4.7% | 5.5% |
净利率HSICRPM
| Q4 25 | 2.9% | 8.4% | ||
| Q3 25 | 3.0% | 10.8% | ||
| Q2 25 | 2.7% | 10.8% | ||
| Q1 25 | 3.5% | 3.5% | ||
| Q4 24 | 2.9% | 9.9% | ||
| Q3 24 | 3.1% | 11.6% | ||
| Q2 24 | 3.3% | 9.0% | ||
| Q1 24 | 2.9% | 4.0% |
每股收益（稀释后）HSICRPM
| Q4 25 | $0.85 | $1.26 | ||
| Q3 25 | $0.84 | $1.77 | ||
| Q2 25 | $0.70 | $1.76 | ||
| Q1 25 | $0.88 | $0.40 | ||
| Q4 24 | $0.75 | $1.42 | ||
| Q3 24 | $0.78 | $1.77 | ||
| Q2 24 | $0.80 | $1.40 | ||
| Q1 24 | $0.72 | $0.47 |
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 | $156.0M | $316.6M |
| 总债务越低越好 | $2.3B | $2.5B |
| 股东权益账面价值 | $3.2B | $3.1B |
| 总资产 | $11.2B | $7.9B |
| 负债/权益比越低杠杆越低 | 0.71× | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资HSICRPM
| Q4 25 | $156.0M | $316.6M | ||
| Q3 25 | $136.0M | $297.1M | ||
| Q2 25 | $145.0M | $302.1M | ||
| Q1 25 | $127.0M | $241.9M | ||
| Q4 24 | $122.0M | $268.7M | ||
| Q3 24 | $126.0M | $231.6M | ||
| Q2 24 | $138.0M | $237.4M | ||
| Q1 24 | $159.0M | $248.9M |
总债务HSICRPM
| Q4 25 | $2.3B | $2.5B | ||
| Q3 25 | $2.2B | $2.7B | ||
| Q2 25 | $2.1B | $2.6B | ||
| Q1 25 | $2.0B | $2.1B | ||
| Q4 24 | $1.8B | $2.0B | ||
| Q3 24 | $1.9B | $2.0B | ||
| Q2 24 | $1.9B | $2.0B | ||
| Q1 24 | $2.0B | $2.2B |
股东权益HSICRPM
| Q4 25 | $3.2B | $3.1B | ||
| Q3 25 | $3.4B | $3.1B | ||
| Q2 25 | $3.4B | $2.9B | ||
| Q1 25 | $3.3B | $2.7B | ||
| Q4 24 | $3.4B | $2.7B | ||
| Q3 24 | $3.5B | $2.6B | ||
| Q2 24 | $3.5B | $2.5B | ||
| Q1 24 | $3.6B | $2.3B |
总资产HSICRPM
| Q4 25 | $11.2B | $7.9B | ||
| Q3 25 | $11.1B | $7.9B | ||
| Q2 25 | $10.9B | $7.8B | ||
| Q1 25 | $10.5B | $6.6B | ||
| Q4 24 | $10.2B | $6.7B | ||
| Q3 24 | $10.6B | $6.6B | ||
| Q2 24 | $10.3B | $6.6B | ||
| Q1 24 | $10.1B | $6.4B |
负债/权益比HSICRPM
| Q4 25 | 0.71× | 0.80× | ||
| Q3 25 | 0.64× | 0.87× | ||
| Q2 25 | 0.61× | 0.91× | ||
| Q1 25 | 0.59× | 0.78× | ||
| Q4 24 | 0.54× | 0.74× | ||
| Q3 24 | 0.54× | 0.77× | ||
| Q2 24 | 0.54× | 0.79× | ||
| Q1 24 | 0.56× | 0.93× |
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 | $381.0M | $345.7M |
| 自由现金流经营现金流 - 资本支出 | $338.0M | $296.4M |
| 自由现金流率自由现金流/营收 | 9.8% | 15.5% |
| 资本支出强度资本支出/营收 | 1.3% | 2.6% |
| 现金转化率经营现金流/净利润 | 3.77× | 2.14× |
| 过去12个月自由现金流最近4个季度 | $573.0M | $582.9M |
8季度趋势，按日历期对齐
经营现金流HSICRPM
| Q4 25 | $381.0M | $345.7M | ||
| Q3 25 | $174.0M | $237.5M | ||
| Q2 25 | $120.0M | $149.2M | ||
| Q1 25 | $37.0M | $91.5M | ||
| Q4 24 | $204.0M | $279.4M | ||
| Q3 24 | $151.0M | $248.1M | ||
| Q2 24 | $296.0M | $181.2M | ||
| Q1 24 | $197.0M | $173.4M |
自由现金流HSICRPM
| Q4 25 | $338.0M | $296.4M | ||
| Q3 25 | $141.0M | $175.0M | ||
| Q2 25 | $88.0M | $78.2M | ||
| Q1 25 | $6.0M | $33.3M | ||
| Q4 24 | $168.0M | $229.5M | ||
| Q3 24 | $117.0M | $197.3M | ||
| Q2 24 | $259.0M | $105.3M | ||
| Q1 24 | $156.0M | $124.6M |
自由现金流率HSICRPM
| Q4 25 | 9.8% | 15.5% | ||
| Q3 25 | 4.2% | 8.3% | ||
| Q2 25 | 2.7% | 3.8% | ||
| Q1 25 | 0.2% | 2.3% | ||
| Q4 24 | 5.3% | 12.4% | ||
| Q3 24 | 3.7% | 10.0% | ||
| Q2 24 | 8.3% | 5.2% | ||
| Q1 24 | 4.9% | 8.2% |
资本支出强度HSICRPM
| Q4 25 | 1.3% | 2.6% | ||
| Q3 25 | 1.0% | 3.0% | ||
| Q2 25 | 1.0% | 3.4% | ||
| Q1 25 | 1.0% | 3.9% | ||
| Q4 24 | 1.1% | 2.7% | ||
| Q3 24 | 1.1% | 2.6% | ||
| Q2 24 | 1.2% | 3.8% | ||
| Q1 24 | 1.3% | 3.2% |
现金转化率HSICRPM
| Q4 25 | 3.77× | 2.14× | ||
| Q3 25 | 1.72× | 1.04× | ||
| Q2 25 | 1.40× | 0.66× | ||
| Q1 25 | 0.34× | 1.76× | ||
| Q4 24 | 2.17× | 1.53× | ||
| Q3 24 | 1.53× | 1.09× | ||
| Q2 24 | 2.85× | 1.00× | ||
| Q1 24 | 2.12× | 2.83× |
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
HSIC
| Global Dental Merchandise | $1.2B | 35% |
| Global Medical | $1.1B | 31% |
| Global Dental Equipment | $536.0M | 16% |
| Global Specialty Products | $422.0M | 12% |
| Global Technology | $173.0M | 5% |
| Global Value Added Services | $64.0M | 2% |
| Equity Method Investee | $14.0M | 0% |
RPM
| Construction Products Group Segment | $737.4M | 39% |
| Consumer Segment | $638.6M | 33% |
| Performance Coatings Group Segment | $533.8M | 28% |
