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Primerica, Inc.（PRI）与SCANSOURCE, INC.（SCSC）财务数据对比。点击上方公司名可切换其他公司
Primerica, Inc.的季度营收约是SCANSOURCE, INC.的1.1倍（$853.7M vs $766.5M），Primerica, Inc.净利率更高（23.1% vs 2.2%，领先20.9%），Primerica, Inc.同比增速更快（11.0% vs 2.5%），过去两年Primerica, Inc.的营收复合增速更高（7.2% vs 0.9%）
Primerica, Inc.是一家采用多层次营销模式的金融服务机构，业务覆盖美国与加拿大市场，主要面向当地中等收入家庭提供保险、投资等多元化金融产品，满足客户的风险保障与差异化财富管理需求。
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。
PRI vs SCSC — 直观对比
营收规模更大
PRI
是对方的1.1倍
$766.5M
营收增速更快
PRI
高出8.5%
2.5%
净利率更高
PRI
高出20.9%
2.2%
两年增速更快
PRI
近两年复合增速
0.9%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $853.7M | $766.5M |
| 净利润 | $197.0M | $16.5M |
| 毛利率 | — | 13.4% |
| 营业利润率 | 28.9% | 2.3% |
| 净利率 | 23.1% | 2.2% |
| 营收同比 | 11.0% | 2.5% |
| 净利润同比 | 17.9% | -3.3% |
| 每股收益（稀释后） | $6.11 | $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PRISCSC
| Q4 25 | $853.7M | $766.5M | ||
| Q3 25 | $839.9M | $739.6M | ||
| Q2 25 | $793.3M | $812.9M | ||
| Q1 25 | $804.8M | $704.8M | ||
| Q4 24 | $768.8M | $747.5M | ||
| Q3 24 | $774.1M | $775.6M | ||
| Q2 24 | $803.4M | $746.1M | ||
| Q1 24 | $742.8M | $752.6M |
净利润PRISCSC
| Q4 25 | $197.0M | $16.5M | ||
| Q3 25 | $206.8M | $19.9M | ||
| Q2 25 | $178.3M | $20.1M | ||
| Q1 25 | $169.1M | $17.4M | ||
| Q4 24 | $167.1M | $17.1M | ||
| Q3 24 | $164.4M | $17.0M | ||
| Q2 24 | $1.2M | $16.1M | ||
| Q1 24 | $137.9M | $12.8M |
毛利率PRISCSC
| Q4 25 | — | 13.4% | ||
| Q3 25 | — | 14.5% | ||
| Q2 25 | — | 12.9% | ||
| Q1 25 | — | 14.2% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | — | 13.1% | ||
| Q2 24 | 98.0% | 13.0% | ||
| Q1 24 | 98.2% | 12.6% |
营业利润率PRISCSC
| Q4 25 | 28.9% | 2.3% | ||
| Q3 25 | 32.3% | 3.5% | ||
| Q2 25 | 29.6% | 3.3% | ||
| Q1 25 | 27.5% | 3.2% | ||
| Q4 24 | 64.7% | 2.5% | ||
| Q3 24 | 32.9% | 2.3% | ||
| Q2 24 | 1.0% | 2.9% | ||
| Q1 24 | 24.1% | 2.3% |
净利率PRISCSC
| Q4 25 | 23.1% | 2.2% | ||
| Q3 25 | 24.6% | 2.7% | ||
| Q2 25 | 22.5% | 2.5% | ||
| Q1 25 | 21.0% | 2.5% | ||
| Q4 24 | 21.7% | 2.3% | ||
| Q3 24 | 21.2% | 2.2% | ||
| Q2 24 | 0.1% | 2.2% | ||
| Q1 24 | 18.6% | 1.7% |
每股收益（稀释后）PRISCSC
| Q4 25 | $6.11 | $0.75 | ||
| Q3 25 | $6.35 | $0.89 | ||
| Q2 25 | $5.40 | $0.87 | ||
| Q1 25 | $5.05 | $0.74 | ||
| Q4 24 | $4.92 | $0.70 | ||
| Q3 24 | $4.83 | $0.69 | ||
| Q2 24 | $0.03 | $0.66 | ||
| Q1 24 | $3.93 | $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 | $756.2M | $83.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.4B | $910.9M |
| 总资产 | $15.0B | $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PRISCSC
| Q4 25 | $756.2M | $83.5M | ||
| Q3 25 | $644.9M | $124.9M | ||
| Q2 25 | $621.2M | $126.2M | ||
| Q1 25 | $625.1M | $146.3M | ||
| Q4 24 | $687.8M | $110.5M | ||
| Q3 24 | $550.1M | $145.0M | ||
| Q2 24 | $627.3M | $185.5M | ||
| Q1 24 | $593.4M | $159.1M |
股东权益PRISCSC
| Q4 25 | $2.4B | $910.9M | ||
| Q3 25 | $2.3B | $914.0M | ||
| Q2 25 | $2.3B | $906.4M | ||
| Q1 25 | $2.3B | $901.7M | ||
| Q4 24 | $2.3B | $900.7M | ||
| Q3 24 | $1.9B | $920.9M | ||
| Q2 24 | $2.1B | $924.3M | ||
| Q1 24 | $2.2B | $944.1M |
总资产PRISCSC
| Q4 25 | $15.0B | $1.7B | ||
| Q3 25 | $14.8B | $1.7B | ||
| Q2 25 | $14.8B | $1.8B | ||
| Q1 25 | $14.6B | $1.7B | ||
| Q4 24 | $14.6B | $1.7B | ||
| Q3 24 | $14.8B | $1.8B | ||
| Q2 24 | $14.6B | $1.8B | ||
| Q1 24 | $14.9B | $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 | $338.2M | $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 | 1.72× | 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PRISCSC
| Q4 25 | $338.2M | $30.8M | ||
| Q3 25 | $202.9M | $23.2M | ||
| Q2 25 | $162.6M | — | ||
| Q1 25 | $197.5M | $66.1M | ||
| Q4 24 | $270.6M | $-6.2M | ||
| Q3 24 | $207.3M | $44.8M | ||
| Q2 24 | $173.3M | — | ||
| Q1 24 | $210.9M | $160.2M |
自由现金流PRISCSC
| 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PRISCSC
| 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PRISCSC
| 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PRISCSC
| Q4 25 | 1.72× | 1.87× | ||
| Q3 25 | 0.98× | 1.17× | ||
| Q2 25 | 0.91× | — | ||
| Q1 25 | 1.17× | 3.79× | ||
| Q4 24 | 1.62× | -0.36× | ||
| Q3 24 | 1.26× | 2.64× | ||
| Q2 24 | 147.98× | — | ||
| Q1 24 | 1.53× | 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
PRI
| Revenues From Sources Other Than Contracts With Customers | $445.9M | 52% |
| Investment And Savings Products Segment Revenues | $340.3M | 40% |
| Other | $56.5M | 7% |
| Segment Revenues From Contracts With Customers | $11.0M | 1% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
