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Orion S.A.（OEC）与SCANSOURCE, INC.（SCSC）财务数据对比。点击上方公司名可切换其他公司
SCANSOURCE, INC.的季度营收约是Orion S.A.的1.9倍（$766.5M vs $411.7M），SCANSOURCE, INC.同比增速更快（2.5% vs -5.2%），Orion S.A.自由现金流更多（$44.2M vs $28.9M），过去两年SCANSOURCE, INC.的营收复合增速更高（0.9% vs -9.5%）
奥里昂集团成立于1917年，总部位于芬兰埃斯波，是一家全球化运营的芬兰企业。公司面向全球市场研发、生产并销售人用与兽用药品以及药用活性成分，旗下所有生产基地及大部分研发部门均设于芬兰境内。
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。
OEC vs SCSC — 直观对比
营收规模更大
SCSC
是对方的1.9倍
$411.7M
营收增速更快
SCSC
高出7.7%
-5.2%
自由现金流更多
OEC
多$15.3M
$28.9M
两年增速更快
SCSC
近两年复合增速
-9.5%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $411.7M | $766.5M |
| 净利润 | — | $16.5M |
| 毛利率 | 18.9% | 13.4% |
| 营业利润率 | 4.3% | 2.3% |
| 净利率 | — | 2.2% |
| 营收同比 | -5.2% | 2.5% |
| 净利润同比 | — | -3.3% |
| 每股收益（稀释后） | $-0.36 | $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OECSCSC
| Q4 25 | $411.7M | $766.5M | ||
| Q3 25 | $450.9M | $739.6M | ||
| Q2 25 | $466.4M | $812.9M | ||
| Q1 25 | $477.7M | $704.8M | ||
| Q4 24 | $434.2M | $747.5M | ||
| Q3 24 | $463.4M | $775.6M | ||
| Q2 24 | $477.0M | $746.1M | ||
| Q1 24 | $502.9M | $752.6M |
净利润OECSCSC
| Q4 25 | — | $16.5M | ||
| Q3 25 | $-67.1M | $19.9M | ||
| Q2 25 | $9.0M | $20.1M | ||
| Q1 25 | $9.1M | $17.4M | ||
| Q4 24 | — | $17.1M | ||
| Q3 24 | $-20.2M | $17.0M | ||
| Q2 24 | $20.5M | $16.1M | ||
| Q1 24 | $26.7M | $12.8M |
毛利率OECSCSC
| Q4 25 | 18.9% | 13.4% | ||
| Q3 25 | 19.0% | 14.5% | ||
| Q2 25 | 21.1% | 12.9% | ||
| Q1 25 | 20.5% | 14.2% | ||
| Q4 24 | 20.6% | 13.6% | ||
| Q3 24 | 23.2% | 13.1% | ||
| Q2 24 | 23.0% | 13.0% | ||
| Q1 24 | 24.3% | 12.6% |
营业利润率OECSCSC
| Q4 25 | 4.3% | 2.3% | ||
| Q3 25 | -11.9% | 3.5% | ||
| Q2 25 | 6.9% | 3.3% | ||
| Q1 25 | 6.5% | 3.2% | ||
| Q4 24 | 5.4% | 2.5% | ||
| Q3 24 | -3.3% | 2.3% | ||
| Q2 24 | 8.7% | 2.9% | ||
| Q1 24 | 10.5% | 2.3% |
净利率OECSCSC
| Q4 25 | — | 2.2% | ||
| Q3 25 | -14.9% | 2.7% | ||
| Q2 25 | 1.9% | 2.5% | ||
| Q1 25 | 1.9% | 2.5% | ||
| Q4 24 | — | 2.3% | ||
| Q3 24 | -4.4% | 2.2% | ||
| Q2 24 | 4.3% | 2.2% | ||
| Q1 24 | 5.3% | 1.7% |
每股收益（稀释后）OECSCSC
| Q4 25 | $-0.36 | $0.75 | ||
| Q3 25 | $-1.20 | $0.89 | ||
| Q2 25 | $0.16 | $0.87 | ||
| Q1 25 | $0.16 | $0.74 | ||
| Q4 24 | $0.31 | $0.70 | ||
| Q3 24 | $-0.35 | $0.69 | ||
| Q2 24 | $0.35 | $0.66 | ||
| Q1 24 | $0.45 | $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 | $60.7M | $83.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $384.6M | $910.9M |
| 总资产 | $1.9B | $1.7B |
| 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OECSCSC
| Q4 25 | $60.7M | $83.5M | ||
| Q3 25 | $51.3M | $124.9M | ||
| Q2 25 | $42.6M | $126.2M | ||
| Q1 25 | $37.5M | $146.3M | ||
| Q4 24 | $44.2M | $110.5M | ||
| Q3 24 | $53.2M | $145.0M | ||
| Q2 24 | $34.2M | $185.5M | ||
| Q1 24 | $43.9M | $159.1M |
股东权益OECSCSC
| Q4 25 | $384.6M | $910.9M | ||
| Q3 25 | $401.8M | $914.0M | ||
| Q2 25 | $466.5M | $906.4M | ||
| Q1 25 | $466.1M | $901.7M | ||
| Q4 24 | $474.9M | $900.7M | ||
| Q3 24 | $476.3M | $920.9M | ||
| Q2 24 | $503.9M | $924.3M | ||
| Q1 24 | $492.2M | $944.1M |
总资产OECSCSC
| Q4 25 | $1.9B | $1.7B | ||
| Q3 25 | $2.0B | $1.7B | ||
| Q2 25 | $2.0B | $1.8B | ||
| Q1 25 | $2.0B | $1.7B | ||
| Q4 24 | $1.9B | $1.7B | ||
| Q3 24 | $2.0B | $1.8B | ||
| Q2 24 | $1.9B | $1.8B | ||
| Q1 24 | $1.9B | $1.8B |
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 | $92.9M | $30.8M |
| 自由现金流经营现金流 - 资本支出 | $44.2M | $28.9M |
| 自由现金流率自由现金流/营收 | 10.7% | 3.8% |
| 资本支出强度资本支出/营收 | 11.8% | 0.3% |
| 现金转化率经营现金流/净利润 | — | 1.87× |
| 过去12个月自由现金流最近4个季度 | $54.8M | — |
8季度趋势，按日历期对齐
经营现金流OECSCSC
| Q4 25 | $92.9M | $30.8M | ||
| Q3 25 | $68.8M | $23.2M | ||
| Q2 25 | $53.7M | — | ||
| Q1 25 | $400.0K | $66.1M | ||
| Q4 24 | $94.5M | $-6.2M | ||
| Q3 24 | $-30.9M | $44.8M | ||
| Q2 24 | $29.3M | — | ||
| Q1 24 | $32.4M | $160.2M |
自由现金流OECSCSC
| Q4 25 | $44.2M | $28.9M | ||
| Q3 25 | $27.9M | $20.8M | ||
| Q2 25 | $11.5M | — | ||
| Q1 25 | $-28.8M | $64.6M | ||
| Q4 24 | $23.5M | $-8.2M | ||
| Q3 24 | $-78.8M | $42.5M | ||
| Q2 24 | $-25.4M | — | ||
| Q1 24 | $-700.0K | $157.7M |
自由现金流率OECSCSC
| Q4 25 | 10.7% | 3.8% | ||
| Q3 25 | 6.2% | 2.8% | ||
| Q2 25 | 2.5% | — | ||
| Q1 25 | -6.0% | 9.2% | ||
| Q4 24 | 5.4% | -1.1% | ||
| Q3 24 | -17.0% | 5.5% | ||
| Q2 24 | -5.3% | — | ||
| Q1 24 | -0.1% | 21.0% |
资本支出强度OECSCSC
| Q4 25 | 11.8% | 0.3% | ||
| Q3 25 | 9.1% | 0.3% | ||
| Q2 25 | 9.0% | 0.3% | ||
| Q1 25 | 6.1% | 0.2% | ||
| Q4 24 | 16.4% | 0.3% | ||
| Q3 24 | 10.3% | 0.3% | ||
| Q2 24 | 11.5% | 0.2% | ||
| Q1 24 | 6.6% | 0.3% |
现金转化率OECSCSC
| Q4 25 | — | 1.87× | ||
| Q3 25 | — | 1.17× | ||
| Q2 25 | 5.97× | — | ||
| Q1 25 | 0.04× | 3.79× | ||
| Q4 24 | — | -0.36× | ||
| Q3 24 | — | 2.64× | ||
| Q2 24 | 1.43× | — | ||
| Q1 24 | 1.21× | 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
OEC
| Rubber | $272.0M | 66% |
| Specialties | $139.7M | 34% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
