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MKS INC（MKSI）与SCANSOURCE, INC.（SCSC）财务数据对比。点击上方公司名可切换其他公司
MKS INC的季度营收约是SCANSOURCE, INC.的1.3倍（$1.0B vs $766.5M），MKS INC净利率更高（10.3% vs 2.2%，领先8.2%），MKS INC同比增速更快（10.6% vs 2.5%），MKS INC自由现金流更多（$92.0M vs $28.9M），过去两年MKS INC的营收复合增速更高（9.1% vs 0.9%）
MKS Inc原是跨国独立软件供应商，业务覆盖应用生命周期管理（ALM）及系统管理两大领域，2011年5月31日被参数技术公司（PTC, Inc.）收购，目前为PTC旗下子公司。
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。
MKSI vs SCSC — 直观对比
营收规模更大
MKSI
是对方的1.3倍
$766.5M
营收增速更快
MKSI
高出8.0%
2.5%
净利率更高
MKSI
高出8.2%
2.2%
自由现金流更多
MKSI
多$63.1M
$28.9M
两年增速更快
MKSI
近两年复合增速
0.9%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $766.5M |
| 净利润 | $107.0M | $16.5M |
| 毛利率 | 46.3% | 13.4% |
| 营业利润率 | 13.9% | 2.3% |
| 净利率 | 10.3% | 2.2% |
| 营收同比 | 10.6% | 2.5% |
| 净利润同比 | 18.9% | -3.3% |
| 每股收益（稀释后） | $1.58 | $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MKSISCSC
| Q4 25 | $1.0B | $766.5M | ||
| Q3 25 | $988.0M | $739.6M | ||
| Q2 25 | $973.0M | $812.9M | ||
| Q1 25 | $936.0M | $704.8M | ||
| Q4 24 | $935.0M | $747.5M | ||
| Q3 24 | $896.0M | $775.6M | ||
| Q2 24 | $887.0M | $746.1M | ||
| Q1 24 | $868.0M | $752.6M |
净利润MKSISCSC
| Q4 25 | $107.0M | $16.5M | ||
| Q3 25 | $74.0M | $19.9M | ||
| Q2 25 | $62.0M | $20.1M | ||
| Q1 25 | $52.0M | $17.4M | ||
| Q4 24 | $90.0M | $17.1M | ||
| Q3 24 | $62.0M | $17.0M | ||
| Q2 24 | $23.0M | $16.1M | ||
| Q1 24 | $15.0M | $12.8M |
毛利率MKSISCSC
| Q4 25 | 46.3% | 13.4% | ||
| Q3 25 | 46.7% | 14.5% | ||
| Q2 25 | 46.6% | 12.9% | ||
| Q1 25 | 47.4% | 14.2% | ||
| Q4 24 | 47.3% | 13.6% | ||
| Q3 24 | 48.2% | 13.1% | ||
| Q2 24 | 47.2% | 13.0% | ||
| Q1 24 | 47.8% | 12.6% |
营业利润率MKSISCSC
| Q4 25 | 13.9% | 2.3% | ||
| Q3 25 | 14.0% | 3.5% | ||
| Q2 25 | 13.9% | 3.3% | ||
| Q1 25 | 11.9% | 3.2% | ||
| Q4 24 | 14.7% | 2.5% | ||
| Q3 24 | 14.3% | 2.3% | ||
| Q2 24 | 14.3% | 2.9% | ||
| Q1 24 | 12.2% | 2.3% |
净利率MKSISCSC
| Q4 25 | 10.3% | 2.2% | ||
| Q3 25 | 7.5% | 2.7% | ||
| Q2 25 | 6.4% | 2.5% | ||
| Q1 25 | 5.6% | 2.5% | ||
| Q4 24 | 9.6% | 2.3% | ||
| Q3 24 | 6.9% | 2.2% | ||
| Q2 24 | 2.6% | 2.2% | ||
| Q1 24 | 1.7% | 1.7% |
每股收益（稀释后）MKSISCSC
| Q4 25 | $1.58 | $0.75 | ||
| Q3 25 | $1.10 | $0.89 | ||
| Q2 25 | $0.92 | $0.87 | ||
| Q1 25 | $0.77 | $0.74 | ||
| Q4 24 | $1.34 | $0.70 | ||
| Q3 24 | $0.92 | $0.69 | ||
| Q2 24 | $0.33 | $0.66 | ||
| Q1 24 | $0.22 | $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 | $418.0M | $83.5M |
| 总债务越低越好 | $4.2B | — |
| 股东权益账面价值 | $2.7B | $910.9M |
| 总资产 | $8.8B | $1.7B |
| 负债/权益比越低杠杆越低 | 1.53× | — |
8季度趋势，按日历期对齐
现金及短期投资MKSISCSC
| Q4 25 | $418.0M | $83.5M | ||
| Q3 25 | $413.0M | $124.9M | ||
| Q2 25 | $498.0M | $126.2M | ||
| Q1 25 | $407.0M | $146.3M | ||
| Q4 24 | $420.0M | $110.5M | ||
| Q3 24 | $439.0M | $145.0M | ||
| Q2 24 | $506.0M | $185.5M | ||
| Q1 24 | $1.0M | $159.1M |
总债务MKSISCSC
| Q4 25 | $4.2B | — | ||
| Q3 25 | $4.3B | — | ||
| Q2 25 | $4.4B | — | ||
| Q1 25 | $4.4B | — | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $4.8B | — | ||
| Q2 24 | $4.8B | — | ||
| Q1 24 | $4.7B | — |
股东权益MKSISCSC
| Q4 25 | $2.7B | $910.9M | ||
| Q3 25 | $2.6B | $914.0M | ||
| Q2 25 | $2.6B | $906.4M | ||
| Q1 25 | $2.4B | $901.7M | ||
| Q4 24 | $2.3B | $900.7M | ||
| Q3 24 | $2.4B | $920.9M | ||
| Q2 24 | $2.2B | $924.3M | ||
| Q1 24 | $2.4B | $944.1M |
总资产MKSISCSC
| Q4 25 | $8.8B | $1.7B | ||
| Q3 25 | $8.8B | $1.7B | ||
| Q2 25 | $8.8B | $1.8B | ||
| Q1 25 | $8.6B | $1.7B | ||
| Q4 24 | $8.6B | $1.7B | ||
| Q3 24 | $9.0B | $1.8B | ||
| Q2 24 | $8.9B | $1.8B | ||
| Q1 24 | $8.9B | $1.8B |
负债/权益比MKSISCSC
| Q4 25 | 1.53× | — | ||
| Q3 25 | 1.64× | — | ||
| Q2 25 | 1.71× | — | ||
| Q1 25 | 1.87× | — | ||
| Q4 24 | 1.93× | — | ||
| Q3 24 | 1.98× | — | ||
| Q2 24 | 2.16× | — | ||
| Q1 24 | 1.94× | — |
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 | $142.0M | $30.8M |
| 自由现金流经营现金流 - 资本支出 | $92.0M | $28.9M |
| 自由现金流率自由现金流/营收 | 8.9% | 3.8% |
| 资本支出强度资本支出/营收 | 4.8% | 0.3% |
| 现金转化率经营现金流/净利润 | 1.33× | 1.87× |
| 过去12个月自由现金流最近4个季度 | $497.0M | — |
8季度趋势，按日历期对齐
经营现金流MKSISCSC
| Q4 25 | $142.0M | $30.8M | ||
| Q3 25 | $197.0M | $23.2M | ||
| Q2 25 | $165.0M | — | ||
| Q1 25 | $141.0M | $66.1M | ||
| Q4 24 | $176.0M | $-6.2M | ||
| Q3 24 | $163.0M | $44.8M | ||
| Q2 24 | $122.0M | — | ||
| Q1 24 | $67.0M | $160.2M |
自由现金流MKSISCSC
| Q4 25 | $92.0M | $28.9M | ||
| Q3 25 | $146.0M | $20.8M | ||
| Q2 25 | $136.0M | — | ||
| Q1 25 | $123.0M | $64.6M | ||
| Q4 24 | $125.0M | $-8.2M | ||
| Q3 24 | $141.0M | $42.5M | ||
| Q2 24 | $95.0M | — | ||
| Q1 24 | $49.0M | $157.7M |
自由现金流率MKSISCSC
| Q4 25 | 8.9% | 3.8% | ||
| Q3 25 | 14.8% | 2.8% | ||
| Q2 25 | 14.0% | — | ||
| Q1 25 | 13.1% | 9.2% | ||
| Q4 24 | 13.4% | -1.1% | ||
| Q3 24 | 15.7% | 5.5% | ||
| Q2 24 | 10.7% | — | ||
| Q1 24 | 5.6% | 21.0% |
资本支出强度MKSISCSC
| Q4 25 | 4.8% | 0.3% | ||
| Q3 25 | 5.2% | 0.3% | ||
| Q2 25 | 3.0% | 0.3% | ||
| Q1 25 | 1.9% | 0.2% | ||
| Q4 24 | 5.5% | 0.3% | ||
| Q3 24 | 2.5% | 0.3% | ||
| Q2 24 | 3.0% | 0.2% | ||
| Q1 24 | 2.1% | 0.3% |
现金转化率MKSISCSC
| Q4 25 | 1.33× | 1.87× | ||
| Q3 25 | 2.66× | 1.17× | ||
| Q2 25 | 2.66× | — | ||
| Q1 25 | 2.71× | 3.79× | ||
| Q4 24 | 1.96× | -0.36× | ||
| Q3 24 | 2.63× | 2.64× | ||
| Q2 24 | 5.30× | — | ||
| Q1 24 | 4.47× | 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
MKSI
| Electronics And Packaging | $303.0M | 29% |
| Specialty Industrial | $295.0M | 29% |
| Photonics Solutions Division | $274.0M | 26% |
| Services | $125.0M | 12% |
| Other | $37.0M | 4% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
