vs
纳斯达克（NDAQ）与SERVICE CORP INTERNATIONAL（SCI）财务数据对比。点击上方公司名可切换其他公司
纳斯达克的季度营收约是SERVICE CORP INTERNATIONAL的1.9倍（$2.1B vs $1.1B），纳斯达克净利率更高（24.3% vs 14.3%，领先9.9%），纳斯达克同比增速更快（2.0% vs 1.7%），过去两年纳斯达克的营收复合增速更高（9.2% vs 3.1%）
纳斯达克是美国的证券交易所，市值规模在全球证券交易所中排名第二，也是全球首个完全电子化的股票市场。其总部位于纽约曼哈顿，是美国交易量领先、活跃度最高的股票交易场所之一。
国际配送服务有限公司（IDS）是英国邮政及快递服务提供商，2013年由英国政府设立，作为皇家邮政的控股母公司，多数股权随后在伦敦证券交易所公开发售，当时政府保留30%股份。截至2025年4月，该公司由丹尼尔·克雷廷斯基旗下捷克EP集团持有运营。
NDAQ vs SCI — 直观对比
营收规模更大
NDAQ
是对方的1.9倍
$1.1B
营收增速更快
NDAQ
高出0.3%
1.7%
净利率更高
NDAQ
高出9.9%
14.3%
两年增速更快
NDAQ
近两年复合增速
3.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $1.1B |
| 净利润 | $519.0M | $159.4M |
| 毛利率 | — | 28.0% |
| 营业利润率 | 30.7% | 24.8% |
| 净利率 | 24.3% | 14.3% |
| 营收同比 | 2.0% | 1.7% |
| 净利润同比 | 31.4% | 5.3% |
| 每股收益（稀释后） | $0.91 | $1.13 |
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NDAQSCI
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.1B | $1.1B | ||
| Q3 25 | $2.0B | $1.1B | ||
| Q2 25 | $2.1B | $1.1B | ||
| Q1 25 | $2.1B | $1.1B | ||
| Q4 24 | $2.0B | $1.1B | ||
| Q3 24 | $1.9B | $1.0B | ||
| Q2 24 | $1.8B | $1.0B |
净利润NDAQSCI
| Q1 26 | $519.0M | — | ||
| Q4 25 | $518.0M | $159.4M | ||
| Q3 25 | $423.0M | $117.5M | ||
| Q2 25 | $452.0M | $122.9M | ||
| Q1 25 | $395.0M | $142.9M | ||
| Q4 24 | $355.0M | $151.4M | ||
| Q3 24 | $306.0M | $117.8M | ||
| Q2 24 | $222.0M | $118.2M |
毛利率NDAQSCI
| Q1 26 | — | — | ||
| Q4 25 | 65.5% | 28.0% | ||
| Q3 25 | 67.2% | 25.1% | ||
| Q2 25 | 62.5% | 25.5% | ||
| Q1 25 | 59.2% | 27.1% | ||
| Q4 24 | 60.4% | 28.0% | ||
| Q3 24 | 60.3% | 24.9% | ||
| Q2 24 | 64.7% | 24.9% |
营业利润率NDAQSCI
| Q1 26 | 30.7% | — | ||
| Q4 25 | 29.7% | 24.8% | ||
| Q3 25 | 29.9% | 21.4% | ||
| Q2 25 | 27.2% | 21.1% | ||
| Q1 25 | 26.2% | 23.4% | ||
| Q4 24 | 25.4% | 24.0% | ||
| Q3 24 | 23.6% | 20.9% | ||
| Q2 24 | 23.6% | 21.4% |
净利率NDAQSCI
| Q1 26 | 24.3% | — | ||
| Q4 25 | 24.4% | 14.3% | ||
| Q3 25 | 21.6% | 11.1% | ||
| Q2 25 | 21.6% | 11.5% | ||
| Q1 25 | 18.9% | 13.3% | ||
| Q4 24 | 17.5% | 13.8% | ||
| Q3 24 | 16.1% | 11.6% | ||
| Q2 24 | 12.4% | 11.4% |
每股收益（稀释后）NDAQSCI
| Q1 26 | $0.91 | — | ||
| Q4 25 | $0.90 | $1.13 | ||
| Q3 25 | $0.73 | $0.83 | ||
| Q2 25 | $0.78 | $0.86 | ||
| Q1 25 | $0.68 | $0.98 | ||
| Q4 24 | $0.62 | $1.02 | ||
| Q3 24 | $0.53 | $0.81 | ||
| Q2 24 | $0.38 | $0.81 |
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 | $515.0M | $243.6M |
| 总债务越低越好 | $9.0B | $5.1B |
| 股东权益账面价值 | $12.0B | $1.6B |
| 总资产 | $27.3B | $18.7B |
| 负债/权益比越低杠杆越低 | 0.74× | 3.10× |
8季度趋势，按日历期对齐
现金及短期投资NDAQSCI
| Q1 26 | $515.0M | — | ||
| Q4 25 | $604.0M | $243.6M | ||
| Q3 25 | $470.0M | $241.3M | ||
| Q2 25 | $732.0M | $255.4M | ||
| Q1 25 | $690.0M | $227.2M | ||
| Q4 24 | $592.0M | $218.8M | ||
| Q3 24 | $266.0M | $185.4M | ||
| Q2 24 | $416.0M | $184.4M |
总债务NDAQSCI
| Q1 26 | $9.0B | — | ||
| Q4 25 | $8.6B | $5.1B | ||
| Q3 25 | $8.7B | $5.0B | ||
| Q2 25 | $8.7B | $5.0B | ||
| Q1 25 | $8.9B | $4.7B | ||
| Q4 24 | $9.1B | $4.8B | ||
| Q3 24 | $9.4B | $4.7B | ||
| Q2 24 | $9.2B | $4.7B |
股东权益NDAQSCI
| Q1 26 | $12.0B | — | ||
| Q4 25 | $12.2B | $1.6B | ||
| Q3 25 | $12.0B | $1.6B | ||
| Q2 25 | $11.8B | $1.6B | ||
| Q1 25 | $11.5B | $1.7B | ||
| Q4 24 | $11.2B | $1.7B | ||
| Q3 24 | $11.1B | $1.6B | ||
| Q2 24 | $10.9B | $1.5B |
总资产NDAQSCI
| Q1 26 | $27.3B | — | ||
| Q4 25 | $31.1B | $18.7B | ||
| Q3 25 | $30.7B | $18.4B | ||
| Q2 25 | $30.4B | $18.0B | ||
| Q1 25 | $30.6B | $17.3B | ||
| Q4 24 | $30.4B | $17.4B | ||
| Q3 24 | $30.6B | $17.4B | ||
| Q2 24 | $30.2B | $16.8B |
负债/权益比NDAQSCI
| Q1 26 | 0.74× | — | ||
| Q4 25 | 0.70× | 3.10× | ||
| Q3 25 | 0.72× | 3.17× | ||
| Q2 25 | 0.73× | 3.19× | ||
| Q1 25 | 0.77× | 2.87× | ||
| Q4 24 | 0.81× | 2.83× | ||
| Q3 24 | 0.85× | 2.92× | ||
| Q2 24 | 0.85× | 3.05× |
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 | — | $212.9M |
| 自由现金流经营现金流 - 资本支出 | — | $87.2M |
| 自由现金流率自由现金流/营收 | — | 7.8% |
| 资本支出强度资本支出/营收 | — | 11.3% |
| 现金转化率经营现金流/净利润 | — | 1.34× |
| 过去12个月自由现金流最近4个季度 | — | $554.2M |
8季度趋势，按日历期对齐
经营现金流NDAQSCI
| Q1 26 | — | — | ||
| Q4 25 | $625.0M | $212.9M | ||
| Q3 25 | $221.0M | $252.3M | ||
| Q2 25 | $746.0M | $166.4M | ||
| Q1 25 | $663.0M | $311.1M | ||
| Q4 24 | $705.0M | $264.1M | ||
| Q3 24 | $244.0M | $263.8M | ||
| Q2 24 | $460.0M | $196.9M |
自由现金流NDAQSCI
| Q1 26 | — | — | ||
| Q4 25 | $536.0M | $87.2M | ||
| Q3 25 | $152.0M | $150.7M | ||
| Q2 25 | $687.0M | $83.4M | ||
| Q1 25 | $614.0M | $233.0M | ||
| Q4 24 | $645.0M | $151.8M | ||
| Q3 24 | $188.0M | $162.8M | ||
| Q2 24 | $408.0M | $100.8M |
自由现金流率NDAQSCI
| Q1 26 | — | — | ||
| Q4 25 | 25.2% | 7.8% | ||
| Q3 25 | 7.8% | 14.2% | ||
| Q2 25 | 32.9% | 7.8% | ||
| Q1 25 | 29.4% | 21.7% | ||
| Q4 24 | 31.7% | 13.9% | ||
| Q3 24 | 9.9% | 16.1% | ||
| Q2 24 | 22.8% | 9.7% |
资本支出强度NDAQSCI
| Q1 26 | — | — | ||
| Q4 25 | 4.2% | 11.3% | ||
| Q3 25 | 3.5% | 9.6% | ||
| Q2 25 | 2.8% | 7.8% | ||
| Q1 25 | 2.3% | 7.3% | ||
| Q4 24 | 3.0% | 10.3% | ||
| Q3 24 | 2.9% | 10.0% | ||
| Q2 24 | 2.9% | 9.3% |
现金转化率NDAQSCI
| Q1 26 | — | — | ||
| Q4 25 | 1.21× | 1.34× | ||
| Q3 25 | 0.52× | 2.15× | ||
| Q2 25 | 1.65× | 1.35× | ||
| Q1 25 | 1.68× | 2.18× | ||
| Q4 24 | 1.99× | 1.75× | ||
| Q3 24 | 0.80× | 2.24× | ||
| Q2 24 | 2.07× | 1.67× |
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
NDAQ
| Market Services | $1.0B | 49% |
| Capital Access Platforms | $565.0M | 26% |
| Financial Technology | $517.0M | 24% |
| Other Revenues | $8.0M | 0% |
SCI
| Cemetery | $510.9M | 46% |
| Funeral Matured Preneed Revenue | $196.5M | 18% |
| Cemetery Recognized Preneed Merchandise And Service Revenue | $107.4M | 10% |
| Cemetery Atneed Revenue | $104.9M | 9% |
| CA | $56.4M | 5% |
| Funeral Other Revenue | $54.6M | 5% |
| Cemetery Other Revenue | $40.2M | 4% |
| Nonfuneral Home Revenue | $28.1M | 3% |
| Non Funeral Home Preneed Sales Revenue | $22.0M | 2% |
