vs
Cloudflare, Inc.（NET）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
SERVICE CORP INTERNATIONAL的季度营收约是Cloudflare, Inc.的1.8倍（$1.1B vs $614.5M），SERVICE CORP INTERNATIONAL净利率更高（14.3% vs -2.0%，领先16.3%），Cloudflare, Inc.同比增速更快（33.6% vs 1.7%），Cloudflare, Inc.自由现金流更多（$105.2M vs $87.2M），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 3.1%）
Cloudflare是总部位于美国加利福尼亚州旧金山的科技企业，提供内容分发网络（CDN）、云网络安全、DDoS防护等多元互联网服务，同时是ICANN认证的域名注册商。其服务作为网站访客与客户托管服务商之间的反向代理，可有效提升访问性能，抵御恶意流量。
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。
NET vs SCI — 直观对比
营收规模更大
SCI
是对方的1.8倍
$614.5M
营收增速更快
NET
高出31.9%
1.7%
净利率更高
SCI
高出16.3%
-2.0%
自由现金流更多
NET
多$18.0M
$87.2M
两年增速更快
NET
近两年复合增速
3.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $614.5M | $1.1B |
| 净利润 | $-12.1M | $159.4M |
| 毛利率 | 73.6% | 28.0% |
| 营业利润率 | -8.0% | 24.8% |
| 净利率 | -2.0% | 14.3% |
| 营收同比 | 33.6% | 1.7% |
| 净利润同比 | 6.0% | 5.3% |
| 每股收益（稀释后） | $-0.03 | $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NETSCI
| Q4 25 | $614.5M | $1.1B | ||
| Q3 25 | $562.0M | $1.1B | ||
| Q2 25 | $512.3M | $1.1B | ||
| Q1 25 | $479.1M | $1.1B | ||
| Q4 24 | $459.9M | $1.1B | ||
| Q3 24 | $430.1M | $1.0B | ||
| Q2 24 | $401.0M | $1.0B | ||
| Q1 24 | $378.6M | $1.0B |
净利润NETSCI
| Q4 25 | $-12.1M | $159.4M | ||
| Q3 25 | $-1.3M | $117.5M | ||
| Q2 25 | $-50.4M | $122.9M | ||
| Q1 25 | $-38.5M | $142.9M | ||
| Q4 24 | $-12.8M | $151.4M | ||
| Q3 24 | $-15.3M | $117.8M | ||
| Q2 24 | $-15.1M | $118.2M | ||
| Q1 24 | $-35.5M | $131.3M |
毛利率NETSCI
| Q4 25 | 73.6% | 28.0% | ||
| Q3 25 | 74.0% | 25.1% | ||
| Q2 25 | 74.9% | 25.5% | ||
| Q1 25 | 75.9% | 27.1% | ||
| Q4 24 | 76.4% | 28.0% | ||
| Q3 24 | 77.7% | 24.9% | ||
| Q2 24 | 77.8% | 24.9% | ||
| Q1 24 | 77.5% | 26.2% |
营业利润率NETSCI
| Q4 25 | -8.0% | 24.8% | ||
| Q3 25 | -6.7% | 21.4% | ||
| Q2 25 | -13.1% | 21.1% | ||
| Q1 25 | -11.1% | 23.4% | ||
| Q4 24 | -7.5% | 24.0% | ||
| Q3 24 | -7.2% | 20.9% | ||
| Q2 24 | -8.7% | 21.4% | ||
| Q1 24 | -14.4% | 22.2% |
净利率NETSCI
| Q4 25 | -2.0% | 14.3% | ||
| Q3 25 | -0.2% | 11.1% | ||
| Q2 25 | -9.8% | 11.5% | ||
| Q1 25 | -8.0% | 13.3% | ||
| Q4 24 | -2.8% | 13.8% | ||
| Q3 24 | -3.6% | 11.6% | ||
| Q2 24 | -3.8% | 11.4% | ||
| Q1 24 | -9.4% | 12.6% |
每股收益（稀释后）NETSCI
| Q4 25 | $-0.03 | $1.13 | ||
| Q3 25 | $0.00 | $0.83 | ||
| Q2 25 | $-0.15 | $0.86 | ||
| Q1 25 | $-0.11 | $0.98 | ||
| Q4 24 | $-0.05 | $1.02 | ||
| Q3 24 | $-0.04 | $0.81 | ||
| Q2 24 | $-0.04 | $0.81 | ||
| Q1 24 | $-0.10 | $0.89 |
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 | $943.5M | $243.6M |
| 总债务越低越好 | — | $5.1B |
| 股东权益账面价值 | $1.5B | $1.6B |
| 总资产 | $6.0B | $18.7B |
| 负债/权益比越低杠杆越低 | — | 3.10× |
8季度趋势，按日历期对齐
现金及短期投资NETSCI
| Q4 25 | $943.5M | $243.6M | ||
| Q3 25 | $1.1B | $241.3M | ||
| Q2 25 | $1.5B | $255.4M | ||
| Q1 25 | $204.5M | $227.2M | ||
| Q4 24 | $147.7M | $218.8M | ||
| Q3 24 | $182.9M | $185.4M | ||
| Q2 24 | $157.0M | $184.4M | ||
| Q1 24 | $254.4M | $205.6M |
总债务NETSCI
| Q4 25 | — | $5.1B | ||
| Q3 25 | — | $5.0B | ||
| Q2 25 | — | $5.0B | ||
| Q1 25 | — | $4.7B | ||
| Q4 24 | — | $4.8B | ||
| Q3 24 | — | $4.7B | ||
| Q2 24 | — | $4.7B | ||
| Q1 24 | — | $4.6B |
股东权益NETSCI
| Q4 25 | $1.5B | $1.6B | ||
| Q3 25 | $1.3B | $1.6B | ||
| Q2 25 | $1.2B | $1.6B | ||
| Q1 25 | $1.4B | $1.7B | ||
| Q4 24 | $1.0B | $1.7B | ||
| Q3 24 | $973.1M | $1.6B | ||
| Q2 24 | $881.5M | $1.5B | ||
| Q1 24 | $797.2M | $1.6B |
总资产NETSCI
| Q4 25 | $6.0B | $18.7B | ||
| Q3 25 | $5.8B | $18.4B | ||
| Q2 25 | $5.6B | $18.0B | ||
| Q1 25 | $3.7B | $17.3B | ||
| Q4 24 | $3.3B | $17.4B | ||
| Q3 24 | $3.1B | $17.4B | ||
| Q2 24 | $2.9B | $16.8B | ||
| Q1 24 | $2.8B | $16.7B |
负债/权益比NETSCI
| Q4 25 | — | 3.10× | ||
| Q3 25 | — | 3.17× | ||
| Q2 25 | — | 3.19× | ||
| Q1 25 | — | 2.87× | ||
| Q4 24 | — | 2.83× | ||
| Q3 24 | — | 2.92× | ||
| Q2 24 | — | 3.05× | ||
| Q1 24 | — | 2.90× |
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 | $190.4M | $212.9M |
| 自由现金流经营现金流 - 资本支出 | $105.2M | $87.2M |
| 自由现金流率自由现金流/营收 | 17.1% | 7.8% |
| 资本支出强度资本支出/营收 | 13.9% | 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 | $287.5M | $554.2M |
8季度趋势，按日历期对齐
经营现金流NETSCI
| Q4 25 | $190.4M | $212.9M | ||
| Q3 25 | $167.1M | $252.3M | ||
| Q2 25 | $99.8M | $166.4M | ||
| Q1 25 | $145.8M | $311.1M | ||
| Q4 24 | $127.3M | $264.1M | ||
| Q3 24 | $104.7M | $263.8M | ||
| Q2 24 | $74.8M | $196.9M | ||
| Q1 24 | $73.6M | $220.1M |
自由现金流NETSCI
| Q4 25 | $105.2M | $87.2M | ||
| Q3 25 | $82.5M | $150.7M | ||
| Q2 25 | $39.9M | $83.4M | ||
| Q1 25 | $59.9M | $233.0M | ||
| Q4 24 | $54.2M | $151.8M | ||
| Q3 24 | $54.5M | $162.8M | ||
| Q2 24 | $45.2M | $100.8M | ||
| Q1 24 | $41.5M | $140.3M |
自由现金流率NETSCI
| Q4 25 | 17.1% | 7.8% | ||
| Q3 25 | 14.7% | 14.2% | ||
| Q2 25 | 7.8% | 7.8% | ||
| Q1 25 | 12.5% | 21.7% | ||
| Q4 24 | 11.8% | 13.9% | ||
| Q3 24 | 12.7% | 16.1% | ||
| Q2 24 | 11.3% | 9.7% | ||
| Q1 24 | 11.0% | 13.4% |
资本支出强度NETSCI
| Q4 25 | 13.9% | 11.3% | ||
| Q3 25 | 15.1% | 9.6% | ||
| Q2 25 | 11.7% | 7.8% | ||
| Q1 25 | 17.9% | 7.3% | ||
| Q4 24 | 15.9% | 10.3% | ||
| Q3 24 | 11.7% | 10.0% | ||
| Q2 24 | 7.4% | 9.3% | ||
| Q1 24 | 8.5% | 7.6% |
现金转化率NETSCI
| Q4 25 | — | 1.34× | ||
| Q3 25 | — | 2.15× | ||
| Q2 25 | — | 1.35× | ||
| Q1 25 | — | 2.18× | ||
| Q4 24 | — | 1.75× | ||
| Q3 24 | — | 2.24× | ||
| Q2 24 | — | 1.67× | ||
| Q1 24 | — | 1.68× |
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
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
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% |
