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EPLUS INC（PLUS）与Westrock Coffee Co（WEST）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Westrock Coffee Co的1.8倍（$614.8M vs $339.5M），EPLUS INC净利率更高（5.7% vs -6.6%，领先12.3%），Westrock Coffee Co同比增速更快（48.3% vs 20.3%），过去两年Westrock Coffee Co的营收复合增速更高（32.8% vs 2.3%）
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。
Westrock Coffee Co是一家全球化综合咖啡及饮品解决方案供应商，业务覆盖咖啡、茶与功能性饮品的采购、烘焙、生产及分销，为北美及全球其他区域的零售、餐饮和商业客户提供定制化产品及配套服务。
PLUS vs WEST — 直观对比
营收规模更大
PLUS
是对方的1.8倍
$339.5M
营收增速更快
WEST
高出27.9%
20.3%
净利率更高
PLUS
高出12.3%
-6.6%
两年增速更快
WEST
近两年复合增速
2.3%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $614.8M | $339.5M |
| 净利润 | $35.1M | $-22.6M |
| 毛利率 | 25.8% | 11.5% |
| 营业利润率 | 7.1% | -2.6% |
| 净利率 | 5.7% | -6.6% |
| 营收同比 | 20.3% | 48.3% |
| 净利润同比 | 45.2% | 8.3% |
| 每股收益（稀释后） | $1.33 | $-0.22 |
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PLUSWEST
| Q4 25 | $614.8M | $339.5M | ||
| Q3 25 | $608.8M | $354.8M | ||
| Q2 25 | $637.3M | $280.9M | ||
| Q1 25 | — | $213.8M | ||
| Q4 24 | $493.2M | $229.0M | ||
| Q3 24 | $493.4M | $220.9M | ||
| Q2 24 | $535.7M | $208.4M | ||
| Q1 24 | — | $192.5M |
净利润PLUSWEST
| Q4 25 | $35.1M | $-22.6M | ||
| Q3 25 | $34.9M | $-19.1M | ||
| Q2 25 | $37.7M | $-21.6M | ||
| Q1 25 | — | $-27.2M | ||
| Q4 24 | $24.1M | $-24.6M | ||
| Q3 24 | $31.3M | $-14.3M | ||
| Q2 24 | $27.3M | $-17.8M | ||
| Q1 24 | — | $-23.7M |
毛利率PLUSWEST
| Q4 25 | 25.8% | 11.5% | ||
| Q3 25 | 26.6% | 11.7% | ||
| Q2 25 | 23.3% | 14.7% | ||
| Q1 25 | — | 13.6% | ||
| Q4 24 | 25.4% | 16.6% | ||
| Q3 24 | 25.8% | 16.8% | ||
| Q2 24 | 23.7% | 19.9% | ||
| Q1 24 | — | 19.4% |
营业利润率PLUSWEST
| Q4 25 | 7.1% | -2.6% | ||
| Q3 25 | 8.0% | -2.4% | ||
| Q2 25 | 5.7% | -5.3% | ||
| Q1 25 | — | -6.1% | ||
| Q4 24 | 3.3% | -4.3% | ||
| Q3 24 | 5.5% | -5.8% | ||
| Q2 24 | 5.9% | -7.9% | ||
| Q1 24 | — | -5.3% |
净利率PLUSWEST
| Q4 25 | 5.7% | -6.6% | ||
| Q3 25 | 5.7% | -5.4% | ||
| Q2 25 | 5.9% | -7.7% | ||
| Q1 25 | — | -12.7% | ||
| Q4 24 | 4.9% | -10.7% | ||
| Q3 24 | 6.3% | -6.5% | ||
| Q2 24 | 5.1% | -8.5% | ||
| Q1 24 | — | -12.3% |
每股收益（稀释后）PLUSWEST
| Q4 25 | $1.33 | $-0.22 | ||
| Q3 25 | $1.32 | $-0.20 | ||
| Q2 25 | $1.43 | $-0.23 | ||
| Q1 25 | — | $-0.29 | ||
| Q4 24 | $0.91 | $-0.26 | ||
| Q3 24 | $1.17 | $-0.16 | ||
| Q2 24 | $1.02 | $-0.20 | ||
| Q1 24 | — | $-0.27 |
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 | $49.9M |
| 总债务越低越好 | — | $444.1M |
| 股东权益账面价值 | $1.1B | $-1.9M |
| 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PLUSWEST
| Q4 25 | $326.3M | $49.9M | ||
| Q3 25 | $402.2M | $34.0M | ||
| Q2 25 | $480.2M | $44.0M | ||
| Q1 25 | — | $33.1M | ||
| Q4 24 | $253.1M | $26.2M | ||
| Q3 24 | $187.5M | $22.4M | ||
| Q2 24 | $349.9M | $24.3M | ||
| Q1 24 | — | $12.6M |
总债务PLUSWEST
| Q4 25 | — | $444.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $393.1M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益PLUSWEST
| Q4 25 | $1.1B | $-1.9M | ||
| Q3 25 | $1.0B | $11.4M | ||
| Q2 25 | $1.0B | $18.2M | ||
| Q1 25 | — | $71.4M | ||
| Q4 24 | $962.3M | $97.5M | ||
| Q3 24 | $947.0M | $110.3M | ||
| Q2 24 | $921.9M | $81.5M | ||
| Q1 24 | — | $91.7M |
总资产PLUSWEST
| Q4 25 | $1.8B | $1.2B | ||
| Q3 25 | $1.8B | $1.2B | ||
| Q2 25 | $1.8B | $1.2B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | $1.8B | $1.1B | ||
| Q3 24 | $1.7B | $1.1B | ||
| Q2 24 | $1.7B | $1.1B | ||
| Q1 24 | — | $983.3M |
负债/权益比PLUSWEST
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.03× | ||
| 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 | $-87.4M | $36.7M |
| 自由现金流经营现金流 - 资本支出 | — | $27.8M |
| 自由现金流率自由现金流/营收 | — | 8.2% |
| 资本支出强度资本支出/营收 | — | 2.6% |
| 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 | — | $-107.8M |
8季度趋势，按日历期对齐
经营现金流PLUSWEST
| Q4 25 | $-87.4M | $36.7M | ||
| Q3 25 | $-34.8M | $-26.6M | ||
| Q2 25 | $-99.0M | $-7.0M | ||
| Q1 25 | — | $-22.1M | ||
| Q4 24 | $65.7M | $2.8M | ||
| Q3 24 | $-21.6M | $-332.0K | ||
| Q2 24 | $97.1M | $-23.7M | ||
| Q1 24 | — | $8.0M |
自由现金流PLUSWEST
| Q4 25 | — | $27.8M | ||
| Q3 25 | — | $-44.7M | ||
| Q2 25 | — | $-27.5M | ||
| Q1 25 | — | $-63.4M | ||
| Q4 24 | — | $-15.4M | ||
| Q3 24 | — | $-36.7M | ||
| Q2 24 | — | $-59.9M | ||
| Q1 24 | — | $-60.9M |
自由现金流率PLUSWEST
| Q4 25 | — | 8.2% | ||
| Q3 25 | — | -12.6% | ||
| Q2 25 | — | -9.8% | ||
| Q1 25 | — | -29.7% | ||
| Q4 24 | — | -6.7% | ||
| Q3 24 | — | -16.6% | ||
| Q2 24 | — | -28.7% | ||
| Q1 24 | — | -31.7% |
资本支出强度PLUSWEST
| Q4 25 | — | 2.6% | ||
| Q3 25 | — | 5.1% | ||
| Q2 25 | — | 7.3% | ||
| Q1 25 | — | 19.3% | ||
| Q4 24 | — | 7.9% | ||
| Q3 24 | — | 16.5% | ||
| Q2 24 | — | 17.4% | ||
| Q1 24 | — | 35.8% |
现金转化率PLUSWEST
| Q4 25 | -2.49× | — | ||
| Q3 25 | -1.00× | — | ||
| Q2 25 | -2.63× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.72× | — | ||
| Q3 24 | -0.69× | — | ||
| Q2 24 | 3.55× | — | ||
| Q1 24 | — | — |
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% |
WEST
| Coffee And Tea | $202.6M | 60% |
| Flavors Extracts And Ingredients | $69.6M | 21% |
| Sustainable Sourcing And Traceability Segments | $66.9M | 20% |
