vs
MAXIMUS, INC.（MMS）与PLEXUS CORP（PLXS）财务数据对比。点击上方公司名可切换其他公司
MAXIMUS, INC.的季度营收约是PLEXUS CORP的1.2倍（$1.3B vs $1.2B），MAXIMUS, INC.净利率更高（7.0% vs 4.3%，领先2.7%），PLEXUS CORP同比增速更快（18.7% vs -4.1%），过去两年PLEXUS CORP的营收复合增速更高（7.2% vs -0.1%）
MAXIMUS是美国一家政府服务企业，业务覆盖美国、加拿大、英国等国家，为医疗补助、联邦医疗保险、医改、就业帮扶、学生贷款服务等各类政府项目提供行政及配套服务。公司总部位于弗吉尼亚州泰森斯，现有员工3.96万名，2024财年营收达53亿美元。
Plexus Corp是总部位于美国密歇根州特洛伊市的软件企业，专注于开发及推广Plex制造云产品，这是一款面向制造行业的SaaS模式云计算ERP解决方案，可助力制造企业实现数字化运营管理升级。
MMS vs PLXS — 直观对比
营收规模更大
MMS
是对方的1.2倍
$1.2B
营收增速更快
PLXS
高出22.8%
-4.1%
净利率更高
MMS
高出2.7%
4.3%
两年增速更快
PLXS
近两年复合增速
-0.1%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.2B |
| 净利润 | $93.9M | $49.8M |
| 毛利率 | 23.7% | 10.2% |
| 营业利润率 | 10.9% | 5.3% |
| 净利率 | 7.0% | 4.3% |
| 营收同比 | -4.1% | 18.7% |
| 净利润同比 | 128.0% | 27.5% |
| 每股收益（稀释后） | $1.70 | $1.82 |
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MMSPLXS
| Q1 26 | — | $1.1B | ||
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.3B | — |
净利润MMSPLXS
| Q1 26 | — | $41.2M | ||
| Q4 25 | $93.9M | — | ||
| Q3 25 | $75.3M | — | ||
| Q2 25 | $106.0M | — | ||
| Q1 25 | $96.6M | — | ||
| Q4 24 | $41.2M | — | ||
| Q3 24 | $72.5M | — | ||
| Q2 24 | $89.8M | — |
毛利率MMSPLXS
| Q1 26 | — | 9.9% | ||
| Q4 25 | 23.7% | — | ||
| Q3 25 | 25.3% | — | ||
| Q2 25 | 26.7% | — | ||
| Q1 25 | 24.9% | — | ||
| Q4 24 | 21.5% | — | ||
| Q3 24 | 22.9% | — | ||
| Q2 24 | 25.3% | — |
营业利润率MMSPLXS
| Q1 26 | — | 5.1% | ||
| Q4 25 | 10.9% | — | ||
| Q3 25 | 9.3% | — | ||
| Q2 25 | 12.3% | — | ||
| Q1 25 | 11.2% | — | ||
| Q4 24 | 6.2% | — | ||
| Q3 24 | 8.5% | — | ||
| Q2 24 | 10.8% | — |
净利率MMSPLXS
| Q1 26 | — | 3.8% | ||
| Q4 25 | 7.0% | — | ||
| Q3 25 | 5.7% | — | ||
| Q2 25 | 7.9% | — | ||
| Q1 25 | 7.1% | — | ||
| Q4 24 | 2.9% | — | ||
| Q3 24 | 5.5% | — | ||
| Q2 24 | 6.8% | — |
每股收益（稀释后）MMSPLXS
| Q1 26 | — | $1.51 | ||
| Q4 25 | $1.70 | — | ||
| Q3 25 | $1.27 | — | ||
| Q2 25 | $1.86 | — | ||
| Q1 25 | $1.69 | — | ||
| Q4 24 | $0.69 | — | ||
| Q3 24 | $1.18 | — | ||
| Q2 24 | $1.46 | — |
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 | $137.6M | $303.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.7B | $1.5B |
| 总资产 | $4.2B | $3.4B |
| 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MMSPLXS
| Q1 26 | — | $248.8M | ||
| Q4 25 | $137.6M | — | ||
| Q3 25 | $222.4M | — | ||
| Q2 25 | $59.8M | — | ||
| Q1 25 | $108.1M | — | ||
| Q4 24 | $72.7M | — | ||
| Q3 24 | $183.1M | — | ||
| Q2 24 | $102.8M | — |
股东权益MMSPLXS
| Q1 26 | — | $1.5B | ||
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | $1.8B | — |
总资产MMSPLXS
| Q1 26 | — | $3.2B | ||
| Q4 25 | $4.2B | — | ||
| Q3 25 | $4.1B | — | ||
| Q2 25 | $4.5B | — | ||
| Q1 25 | $4.2B | — | ||
| Q4 24 | $4.1B | — | ||
| Q3 24 | $4.1B | — | ||
| Q2 24 | $4.0B | — |
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 | $-244.4M | — |
| 自由现金流经营现金流 - 资本支出 | $-250.7M | — |
| 自由现金流率自由现金流/营收 | -18.6% | — |
| 资本支出强度资本支出/营收 | 0.5% | — |
| 现金转化率经营现金流/净利润 | -2.60× | — |
| 过去12个月自由现金流最近4个季度 | $218.5M | — |
8季度趋势，按日历期对齐
经营现金流MMSPLXS
| Q1 26 | — | — | ||
| Q4 25 | $-244.4M | — | ||
| Q3 25 | $649.4M | — | ||
| Q2 25 | $-182.7M | — | ||
| Q1 25 | $42.7M | — | ||
| Q4 24 | $-80.0M | — | ||
| Q3 24 | $163.8M | — | ||
| Q2 24 | $199.3M | — |
自由现金流MMSPLXS
| Q1 26 | — | — | ||
| Q4 25 | $-250.7M | — | ||
| Q3 25 | $641.8M | — | ||
| Q2 25 | $-198.2M | — | ||
| Q1 25 | $25.5M | — | ||
| Q4 24 | $-103.0M | — | ||
| Q3 24 | $131.9M | — | ||
| Q2 24 | $164.6M | — |
自由现金流率MMSPLXS
| Q1 26 | — | — | ||
| Q4 25 | -18.6% | — | ||
| Q3 25 | 48.7% | — | ||
| Q2 25 | -14.7% | — | ||
| Q1 25 | 1.9% | — | ||
| Q4 24 | -7.3% | — | ||
| Q3 24 | 10.0% | — | ||
| Q2 24 | 12.5% | — |
资本支出强度MMSPLXS
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | — | ||
| Q3 25 | 0.6% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 1.3% | — | ||
| Q4 24 | 1.6% | — | ||
| Q3 24 | 2.4% | — | ||
| Q2 24 | 2.6% | — |
现金转化率MMSPLXS
| Q1 26 | — | — | ||
| Q4 25 | -2.60× | — | ||
| Q3 25 | 8.63× | — | ||
| Q2 25 | -1.72× | — | ||
| Q1 25 | 0.44× | — | ||
| Q4 24 | -1.94× | — | ||
| Q3 24 | 2.26× | — | ||
| Q2 24 | 2.22× | — |
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
MMS
| Clinical Services | $523.7M | 39% |
| Cost Plus Contracts | $386.4M | 29% |
| Outside The United States | $143.2M | 11% |
| International Government Agencies | $141.0M | 10% |
| Technology Solutions | $74.8M | 6% |
| Employment And Other | $70.2M | 5% |
| Other Including Local Municipalities And Commercial Customers | $17.6M | 1% |
PLXS
| Asia-Pacific | $652.0M | 56% |
| Americas | $397.0M | 34% |
| Europe, Middle East and Africa | $116.0M | 10% |
