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PACS Group, Inc.（PACS）与SCANSOURCE, INC.（SCSC）财务数据对比。点击上方公司名可切换其他公司
PACS Group, Inc.的季度营收约是SCANSOURCE, INC.的1.8倍（$1.4B vs $766.5M），PACS Group, Inc.净利率更高（4.4% vs 2.2%，领先2.2%），PACS Group, Inc.同比增速更快（18.4% vs 2.5%），过去两年PACS Group, Inc.的营收复合增速更高（20.5% vs 0.9%）
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。
PACS vs SCSC — 直观对比
营收规模更大
PACS
是对方的1.8倍
$766.5M
营收增速更快
PACS
高出15.9%
2.5%
净利率更高
PACS
高出2.2%
2.2%
两年增速更快
PACS
近两年复合增速
0.9%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $766.5M |
| 净利润 | $59.7M | $16.5M |
| 毛利率 | — | 13.4% |
| 营业利润率 | 7.0% | 2.3% |
| 净利率 | 4.4% | 2.2% |
| 营收同比 | 18.4% | 2.5% |
| 净利润同比 | 3022.5% | -3.3% |
| 每股收益（稀释后） | $0.42 | $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PACSSCSC
| Q4 25 | $1.4B | $766.5M | ||
| Q3 25 | $1.3B | $739.6M | ||
| Q2 25 | $1.3B | $812.9M | ||
| Q1 25 | $1.3B | $704.8M | ||
| Q4 24 | $1.1B | $747.5M | ||
| Q3 24 | $1.0B | $775.6M | ||
| Q2 24 | $981.4M | $746.1M | ||
| Q1 24 | $934.3M | $752.6M |
净利润PACSSCSC
| Q4 25 | $59.7M | $16.5M | ||
| Q3 25 | $52.4M | $19.9M | ||
| Q2 25 | $51.0M | $20.1M | ||
| Q1 25 | $28.5M | $17.4M | ||
| Q4 24 | $1.9M | $17.1M | ||
| Q3 24 | $15.6M | $17.0M | ||
| Q2 24 | $-10.9M | $16.1M | ||
| Q1 24 | $49.1M | $12.8M |
毛利率PACSSCSC
| Q4 25 | — | 13.4% | ||
| Q3 25 | — | 14.5% | ||
| Q2 25 | — | 12.9% | ||
| Q1 25 | — | 14.2% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | 17.1% | 13.1% | ||
| Q2 24 | 22.3% | 13.0% | ||
| Q1 24 | 21.2% | 12.6% |
营业利润率PACSSCSC
| Q4 25 | 7.0% | 2.3% | ||
| Q3 25 | 6.4% | 3.5% | ||
| Q2 25 | 6.2% | 3.3% | ||
| Q1 25 | 3.8% | 3.2% | ||
| Q4 24 | 1.7% | 2.5% | ||
| Q3 24 | 2.2% | 2.3% | ||
| Q2 24 | 0.1% | 2.9% | ||
| Q1 24 | 8.6% | 2.3% |
净利率PACSSCSC
| Q4 25 | 4.4% | 2.2% | ||
| Q3 25 | 3.9% | 2.7% | ||
| Q2 25 | 3.9% | 2.5% | ||
| Q1 25 | 2.2% | 2.5% | ||
| Q4 24 | 0.2% | 2.3% | ||
| Q3 24 | 1.5% | 2.2% | ||
| Q2 24 | -1.1% | 2.2% | ||
| Q1 24 | 5.3% | 1.7% |
每股收益（稀释后）PACSSCSC
| Q4 25 | $0.42 | $0.75 | ||
| Q3 25 | $0.32 | $0.89 | ||
| Q2 25 | $0.31 | $0.87 | ||
| Q1 25 | $0.17 | $0.74 | ||
| Q4 24 | $-0.03 | $0.70 | ||
| Q3 24 | $0.10 | $0.69 | ||
| Q2 24 | $-0.07 | $0.66 | ||
| Q1 24 | $0.38 | $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 | $197.0M | $83.5M |
| 总债务越低越好 | $353.2M | — |
| 股东权益账面价值 | $946.8M | $910.9M |
| 总资产 | $5.6B | $1.7B |
| 负债/权益比越低杠杆越低 | 0.37× | — |
8季度趋势，按日历期对齐
现金及短期投资PACSSCSC
| Q4 25 | $197.0M | $83.5M | ||
| Q3 25 | $355.7M | $124.9M | ||
| Q2 25 | $294.2M | $126.2M | ||
| Q1 25 | $287.5M | $146.3M | ||
| Q4 24 | $157.7M | $110.5M | ||
| Q3 24 | $49.5M | $145.0M | ||
| Q2 24 | $73.4M | $185.5M | ||
| Q1 24 | $81.2M | $159.1M |
总债务PACSSCSC
| Q4 25 | $353.2M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $411.9M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益PACSSCSC
| Q4 25 | $946.8M | $910.9M | ||
| Q3 25 | $871.3M | $914.0M | ||
| Q2 25 | $806.8M | $906.4M | ||
| Q1 25 | $750.2M | $901.7M | ||
| Q4 24 | $709.6M | $900.7M | ||
| Q3 24 | $660.0M | $920.9M | ||
| Q2 24 | $572.1M | $924.3M | ||
| Q1 24 | $128.0M | $944.1M |
总资产PACSSCSC
| Q4 25 | $5.6B | $1.7B | ||
| Q3 25 | $5.6B | $1.7B | ||
| Q2 25 | $5.5B | $1.8B | ||
| Q1 25 | $5.5B | $1.7B | ||
| Q4 24 | $5.2B | $1.7B | ||
| Q3 24 | $4.5B | $1.8B | ||
| Q2 24 | $3.9B | $1.8B | ||
| Q1 24 | $3.9B | $1.8B |
负债/权益比PACSSCSC
| Q4 25 | 0.37× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.58× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-3.4M | $30.8M |
| 自由现金流经营现金流 - 资本支出 | — | $28.9M |
| 自由现金流率自由现金流/营收 | — | 3.8% |
| 资本支出强度资本支出/营收 | — | 0.3% |
| 现金转化率经营现金流/净利润 | -0.06× | 1.87× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流PACSSCSC
| Q4 25 | $-3.4M | $30.8M | ||
| Q3 25 | $204.8M | $23.2M | ||
| Q2 25 | $52.6M | — | ||
| Q1 25 | $150.2M | $66.1M | ||
| Q4 24 | $64.6M | $-6.2M | ||
| Q3 24 | $209.2M | $44.8M | ||
| Q2 24 | $34.8M | — | ||
| Q1 24 | $58.8M | $160.2M |
自由现金流PACSSCSC
| Q4 25 | — | $28.9M | ||
| Q3 25 | — | $20.8M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $64.6M | ||
| Q4 24 | — | $-8.2M | ||
| Q3 24 | — | $42.5M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $157.7M |
自由现金流率PACSSCSC
| Q4 25 | — | 3.8% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 9.2% | ||
| Q4 24 | — | -1.1% | ||
| Q3 24 | — | 5.5% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 21.0% |
资本支出强度PACSSCSC
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | 0.3% |
现金转化率PACSSCSC
| Q4 25 | -0.06× | 1.87× | ||
| Q3 25 | 3.91× | 1.17× | ||
| Q2 25 | 1.03× | — | ||
| Q1 25 | 5.28× | 3.79× | ||
| Q4 24 | 33.78× | -0.36× | ||
| Q3 24 | 13.39× | 2.64× | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.20× | 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
PACS
暂无分部数据
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
