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EPLUS INC（PLUS）与BOSTON BEER CO INC（SAM）财务数据对比。点击上方公司名可切换其他公司
EPLUS INC的季度营收约是BOSTON BEER CO INC的1.6倍（$614.8M vs $385.7M），EPLUS INC净利率更高（5.7% vs -5.8%，领先11.5%），EPLUS INC同比增速更快（20.3% vs -4.1%），过去两年EPLUS INC的营收复合增速更高（2.3% vs -4.9%）
ePlus Inc.是美国的科技咨询解决方案提供商，业务覆盖网络安全、云计算、网络架构、协作办公、人工智能及前沿技术领域，为超5000家客户提供定制化解决方案、专业咨询与托管服务，助力企业实现数字化转型与技术升级。
波士顿啤酒公司是美国知名酿酒企业，1984年由吉姆·科赫与朗达·卡尔曼联合创立。旗下首款产品以美国开国元勋、独立运动先驱塞缪尔·亚当斯命名，后续陆续推出多个自有品牌，2019年正式完成与角鲨头酿酒厂的合并，是北美精酿啤酒行业的核心参与者之一。
PLUS vs SAM — 直观对比
营收规模更大
PLUS
是对方的1.6倍
$385.7M
营收增速更快
PLUS
高出24.4%
-4.1%
净利率更高
PLUS
高出11.5%
-5.8%
两年增速更快
PLUS
近两年复合增速
-4.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $614.8M | $385.7M |
| 净利润 | $35.1M | $-22.5M |
| 毛利率 | 25.8% | 43.5% |
| 营业利润率 | 7.1% | -8.6% |
| 净利率 | 5.7% | -5.8% |
| 营收同比 | 20.3% | -4.1% |
| 净利润同比 | 45.2% | 41.9% |
| 每股收益（稀释后） | $1.33 | $-1.97 |
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PLUSSAM
| Q4 25 | $614.8M | $385.7M | ||
| Q3 25 | $608.8M | $537.5M | ||
| Q2 25 | $637.3M | $587.9M | ||
| Q1 25 | — | $453.9M | ||
| Q4 24 | $493.2M | $402.3M | ||
| Q3 24 | $493.4M | $605.5M | ||
| Q2 24 | $535.7M | $579.1M | ||
| Q1 24 | — | $426.1M |
净利润PLUSSAM
| Q4 25 | $35.1M | $-22.5M | ||
| Q3 25 | $34.9M | $46.2M | ||
| Q2 25 | $37.7M | $60.4M | ||
| Q1 25 | — | $24.4M | ||
| Q4 24 | $24.1M | $-38.8M | ||
| Q3 24 | $31.3M | $33.5M | ||
| Q2 24 | $27.3M | $52.3M | ||
| Q1 24 | — | $12.6M |
毛利率PLUSSAM
| Q4 25 | 25.8% | 43.5% | ||
| Q3 25 | 26.6% | 50.8% | ||
| Q2 25 | 23.3% | 49.8% | ||
| Q1 25 | — | 48.3% | ||
| Q4 24 | 25.4% | 39.9% | ||
| Q3 24 | 25.8% | 46.3% | ||
| Q2 24 | 23.7% | 46.0% | ||
| Q1 24 | — | 43.7% |
营业利润率PLUSSAM
| Q4 25 | 7.1% | -8.6% | ||
| Q3 25 | 8.0% | 11.5% | ||
| Q2 25 | 5.7% | 14.0% | ||
| Q1 25 | — | 7.4% | ||
| Q4 24 | 3.3% | -13.9% | ||
| Q3 24 | 5.5% | 7.6% | ||
| Q2 24 | 5.9% | 12.2% | ||
| Q1 24 | — | 3.6% |
净利率PLUSSAM
| Q4 25 | 5.7% | -5.8% | ||
| Q3 25 | 5.7% | 8.6% | ||
| Q2 25 | 5.9% | 10.3% | ||
| Q1 25 | — | 5.4% | ||
| Q4 24 | 4.9% | -9.6% | ||
| Q3 24 | 6.3% | 5.5% | ||
| Q2 24 | 5.1% | 9.0% | ||
| Q1 24 | — | 3.0% |
每股收益（稀释后）PLUSSAM
| Q4 25 | $1.33 | $-1.97 | ||
| Q3 25 | $1.32 | $4.25 | ||
| Q2 25 | $1.43 | $5.45 | ||
| Q1 25 | — | $2.16 | ||
| Q4 24 | $0.91 | $-3.23 | ||
| Q3 24 | $1.17 | $2.86 | ||
| Q2 24 | $1.02 | $4.39 | ||
| Q1 24 | — | $1.04 |
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 | $326.3M | $223.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.1B | $846.3M |
| 总资产 | $1.8B | $1.2B |
| 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PLUSSAM
| Q4 25 | $326.3M | $223.4M | ||
| Q3 25 | $402.2M | $250.5M | ||
| Q2 25 | $480.2M | $212.4M | ||
| Q1 25 | — | $152.5M | ||
| Q4 24 | $253.1M | $211.8M | ||
| Q3 24 | $187.5M | $255.6M | ||
| Q2 24 | $349.9M | $219.3M | ||
| Q1 24 | — | $205.4M |
股东权益PLUSSAM
| Q4 25 | $1.1B | $846.3M | ||
| Q3 25 | $1.0B | $911.0M | ||
| Q2 25 | $1.0B | $912.3M | ||
| Q1 25 | — | $897.0M | ||
| Q4 24 | $962.3M | $916.2M | ||
| Q3 24 | $947.0M | $1.0B | ||
| Q2 24 | $921.9M | $1.0B | ||
| Q1 24 | — | $1.0B |
总资产PLUSSAM
| Q4 25 | $1.8B | $1.2B | ||
| Q3 25 | $1.8B | $1.2B | ||
| Q2 25 | $1.8B | $1.3B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | $1.8B | $1.3B | ||
| Q3 24 | $1.7B | $1.4B | ||
| Q2 24 | $1.7B | $1.4B | ||
| Q1 24 | — | $1.4B |
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 | $-87.4M | $39.9M |
| 自由现金流经营现金流 - 资本支出 | — | $22.1M |
| 自由现金流率自由现金流/营收 | — | 5.7% |
| 资本支出强度资本支出/营收 | — | 4.6% |
| 现金转化率经营现金流/净利润 | -2.49× | — |
| 过去12个月自由现金流最近4个季度 | — | $215.6M |
8季度趋势，按日历期对齐
经营现金流PLUSSAM
| Q4 25 | $-87.4M | $39.9M | ||
| Q3 25 | $-34.8M | $101.8M | ||
| Q2 25 | $-99.0M | $126.5M | ||
| Q1 25 | — | $1.9M | ||
| Q4 24 | $65.7M | $41.9M | ||
| Q3 24 | $-21.6M | $115.9M | ||
| Q2 24 | $97.1M | $96.0M | ||
| Q1 24 | — | $-4.9M |
自由现金流PLUSSAM
| Q4 25 | — | $22.1M | ||
| Q3 25 | — | $89.2M | ||
| Q2 25 | — | $112.2M | ||
| Q1 25 | — | $-8.0M | ||
| Q4 24 | — | $18.4M | ||
| Q3 24 | — | $99.2M | ||
| Q2 24 | — | $75.6M | ||
| Q1 24 | — | $-20.6M |
自由现金流率PLUSSAM
| Q4 25 | — | 5.7% | ||
| Q3 25 | — | 16.6% | ||
| Q2 25 | — | 19.1% | ||
| Q1 25 | — | -1.8% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | — | 16.4% | ||
| Q2 24 | — | 13.1% | ||
| Q1 24 | — | -4.8% |
资本支出强度PLUSSAM
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 2.3% | ||
| Q2 25 | — | 2.4% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | — | 2.8% | ||
| Q2 24 | — | 3.5% | ||
| Q1 24 | — | 3.7% |
现金转化率PLUSSAM
| Q4 25 | -2.49× | — | ||
| Q3 25 | -1.00× | 2.21× | ||
| Q2 25 | -2.63× | 2.09× | ||
| Q1 25 | — | 0.08× | ||
| Q4 24 | 2.72× | — | ||
| Q3 24 | -0.69× | 3.46× | ||
| Q2 24 | 3.55× | 1.83× | ||
| Q1 24 | — | -0.39× |
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
PLUS
| All Others Customer End Market | $107.0M | 17% |
| Technology Customer End Market | $89.4M | 15% |
| Health Care Customer End Market | $81.5M | 13% |
| Financial Services Customer End Market | $66.1M | 11% |
| Professional Services Reporting Unit | $64.1M | 10% |
| Security | $61.1M | 10% |
| State And Local Government And Educational Institutions | $59.9M | 10% |
| Managed Services Reporting Unit | $48.8M | 8% |
| Other Product | $21.1M | 3% |
| Collaboration | $13.4M | 2% |
SAM
暂无分部数据
